After the Bell
Nearby soybean futures reach highest level in over a week on smaller South America outlook; corn firmer, wheat lower.
Corn, soybeans, SRW wheat fall in profit-taking setback after two days of strong gains; livestock futures rebound.
Winter wheat rallies on unexpectedly poor USDA crop ratings; corn hits highest price in over three weeks, soybeans firm.
Corn posts contract highs behind export demand, Ukraine disruptions; wheat and soybeans also higher.
Soybeans, wheat and hogs all posted poor technical performances this week.
Corn, wheat, soybeans and cotton rebounded. Cattle and Hogs were pressured.
Grain and soy markets faced heavy selling tied to improved peace talks between Russia and Ukraine. Hogs futures also faded on that news, while cattle firmed amid the sharp pressure on corn.
Grain and soy markets faced heavy pressure from broad risk aversion. Cattle futures were also pressured by that selling, while hogs shook it off to close mostly firmer.
Wheat futures end week on firm note; corn and soybean futures higher with critical USDA acreage report ahead.