Corn: July corn rose 2 cents to $4.63, a four-week high close. Nearby corn futures extended gains for the fourth straight session, though spillover weakness from wheat along with technical pressure and a firmer U.S. dollar capped gains.
Soybeans: July soybeans closed 4 3/4 cents higher at $10.67 1/2 and closed nearer session highs. July meal climbed $4.4 to $298.5. July bean oil slid 72 points to 49.11 cents. Soybeans saw action on either side of unchanged today but led strength towards the end of the session.
Wheat: July SRW wheat fell 4 3/4 cents to $5.44 1/2, near mid-range. July HRW wheat fell 1/2 cent to $5.40, near mid-range. July spring wheat futures slid 4 cents to $6.00 1/4. The winter wheat futures markets today saw routine corrective pullbacks and mild profit-taking pressure after recent impressive price gains.
Cotton: July cotton slid 44 points to 65.63 cents, closing near mid-range. Cotton futures saw followthrough selling pressure today despite a renewed sense of optimism in the marketplace.
Cattle: June live cattle rose $1.475 to $215.625, nearer the daily high. August feeder cattle rose $3.35 to $299.775 and nearer the daily high. The cattle futures markets bulls the past two sessions have shown they may not be done in this present record-setting bull run.
Hogs: June lean hog futures closed 82.5 cents lower to $98.70 and settled near session lows. Lean hog futures fell under pressure again today, keeping the near-term downtrend intact as traders remain pessimistic over the demand outlook.