Soybean futures closed mostly 3 1/2 to 8 3/4 cents lower on Wednesday. Soymeal was down $3.90 in the front month, with May 17 Soy oil 33
Wheat futures settled mixed on Wednesday. MPLS was the strongest, 4 to 6 1/4 cents higher in the front months, with KC mostly fractionally higher.
Live cattle futures ended the day sharply higher, with April $2.20 higher. Feeder Cattle futures finished $1.125 higher in the April contract, with
Lean hog futures were mixed on Wednesday, with May down 55 cents and a few back months higher. The CME Lean Hog Index for 4/24 was down another 33
Cotton futures closed the session from 46 points lower to as much as 52 points higher. The US Dollar was 180 points higher on Wednesday to 98.965.
Ag Market Commentary
Corn futures fell 4 to 6 cents on Wednesday, as nervousness about NAFTA trumped earlier weather concerns. A White House leak (or trial balloon)