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Closing prices on April 22 show corn May up 25 cents to a limit of 650, soybeans May up 36 cents to 1533, and Chicago wheat up 37 cents to 710. Soybean oil and all three wheat contracts hit new contract highs, while live and feeder cattle and lean hogs closed lower.
Strong cash fundamentals and fund buying support feed grain and oilseed prices, which raises costs for buyers. Lower livestock futures may ease pressure on feed demand from cattle and hog producers.
kyfb.comApr 22, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
