Corn export sales, while solid, fell short of lofty expectations. Wheat sales came in near the lower end of expectations.
Chip Flory explores some of the possibilities that could flip USDA's unexpectedly large corn acreage forecast from bearish to bullish corn.
Corn is 1 cent firmer, with soybeans up mostly around 3 cents. Wheat remains marginally to 2 cents lower. Livestock futures are mostly weaker.
Corn futures are mostly 3 cents lower, with soybeans 5 cents lower and wheat 2 to 3 cents lower. Livestock futures are mostly lower.
Corn futures have firmed to trade mostly 2 cents higher, with soybeans and wheat mostly 1 to 2 cents higher. Cattle futures have also firmed and hogs are mixed.
As of Thursday, May 5
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