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Market Snapshot
Quotes are delayed, as of April 23, 2021, 05:24:57 AM CDT or prior.

Corn Contracts Moved the Limit
Corn futures traded sharply higher on Thursday, with old crop hitting the limit by midday. Old crop futures were lock limit up and will trade with the expanded 40c/bu limits on Friday – with May options expiring. New crop corn futures ended the session 15 to 16 cents in the...
Cattle Fall Triple Digits
While grains had a rally Thursday, livestock were left out. Fat cattle futures closed with triple digit losses of $0.97 to $1.45. Feeders were $2.57 to $3.55 lower in the front months at the close. Cash cattle trading this week remains light, with reported sales so far from $119 -...
Wheat Prices Close Off the Limit
CBT wheat futures touched the 40 cent daily limit in the afternoon, but faded back to end the session up by 29 1/2 to 37 cents. KC wheat futures ended the session 34 1/2 to 37 cents in the black. Spring wheat futures closed the Thursday session 27 1/2 to...
Lean Hogs Close in Red
At the close on Thursday, front month lean hog futures were down 40 to 97 cents. May hogs were the firmest, closing 15 cents weaker, but OI was only 2,982 contracts as of 4/21. USDA’s National Average Base Hog price for Thursday afternoon was $107.30 after another 42 cent increase....
Cotton Fades to Close Mixed
After trading higher in unison with the grains complex, afternoon cotton trading faded back and ended mixed. Old crop prices closed 18 to 19 points in the red, while new crop futures closed 6 to 10 points stronger. Cotton export bookings for the week that ended 4/15 were 145,848 RBs....
Beans Sharply Higher on Thursday
At the Thursday close soybean futures were up 27 1/2 to 36 cents. The inverse to July also expanded to now 19 cents. The new crop soy/corn ratio was 0.023 points weaker on the day to 2.419.  The weekly Export Sales report showed 64,299 MT of old crop soybean sales...

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