This is historically the most volatile trading day of the year.
Diesel prices climb back above $3.00.
Combination of slightly bigger-than-expected spring pig crop and revisions to market hog inventories from the previous two quarters pushed the June 1 hog herd up 0.3% from year-ago.
Export taxes are set to revert back to pre-cut levels on July 1.
Wheat continues to lead weakness ahead of Monday’s reports
Soymeal continues to sink to multi-year lows.
Cattle saw modest strength today.
The driest areas of the Corn Belt are Nebraska and South Dakota.
Biodiesel makers warn of industry collapse without immediate tax credit extension.

Pro Farmer Editors