Corn Higher Thursday at 6:00 a.m. CDT

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Today's Market View Corn Higher Thursday at 6:00 a.m. CDT 4/22/2021 | 5:59 AM CDT DTN Staff Reporter Corn: July corn closed up 14 1/2 cents on huge fund buying to a new contract high Wednesday as the drought in Brazil's safrinha corn area is expected to extend into the first week in May. Soybeans: July soybeans again soared to another new contract high on fund buying, closing up 21 3/4 cents, with bean oil scoring a new high as well. Wheat: July Chicago wheat closed 13 3/4 cents higher on the freeze warnings that may have damaged both hard and soft red winter wheat. Cotton: July cotton futures closed up 1.06 cents Wednesday and for the second straight day, finished just slightly below the 50-day moving average. Live Cattle: June live cattle futures plunged, closing lower for the eighth time in the past nine days, down $1.95, and under the 100-day moving average for the first time since November. (c) Copyright 2021 DTN, LLC. All rights reserved. Morning News View More > USDA Raising CRP Rates to Spur Acres Tying to Climate Goals, Ag Secretary Raises Incentives for CRP Acres 4/21/2021 | 5:32 PM CDT Ahead of President Joe Biden's climate summit, Agriculture Secretary Tom Vilsack announced multiple climate-related programs. A key for farmers and... Read More Groups Support Ag Carbon Credit Bill Growing Climate Solutions Act Returns With Bipartisan Backing 4/21/2021 | 3:03 PM CDT Dakota Access Fights Potential Closure Tribes Along Pipeline Tell Court Closure Would Harm Their Oil Business 4/21/2021 | 11:04 AM CDT Blogs View All Blogs > Canada Markets Prairie HRS Basis Signals Demand 4/21/2021 | 4:28 PM CDT Canada's wheat exports tend to favour the latter months of the crop year, while prairie cash basis levels for high quality hard red spring wheat are... Read More Canada Markets Prairie HRS Basis Signals Demand 4/21/2021 | 4:28 PM CDT Production Blog Sandhills Ranchers Could Help Grassland Bird Population 4/21/2021 | 4:10 PM CDT Ag Policy Blog Senators Push to Change PPP Loan Approvals for Farmers in Partnerships 4/21/2021 | 3:07 PM CDT Ethanol Blog Senators Ask EPA's Regan to Reject RFS Waiver Requests 4/21/2021 | 12:55 PM CDT Webinars May 12 - May WASDE Report WEBINAR REBROADCASTS Local Forecast More > IL Kelsey Road (162003), IL Today 6 AM 10 AM 2 PM 6 PM Sky Cover Temp - 42N/A 52N/A 52N/A Wind Spd - 5 8 7 Wind Dir - W WNW WNW Precip % - - - - Today 53N/A 29N/A Fri 54N/A 40N/A Sat 56N/A 43N/A Sun 52N/A 36N/A Mon 70N/A 39N/A Futures Overview More > Contract Month Last Chg ELEC. CORN[10] May-21 Dec-21 632'0 540'2 6'4 3'6 ELEC. SOYBEANS[10] May-21 Nov-21 1515'2 1323'0 18'0 12'6 ELEC. WHEAT[10] May-21 Dec-21 681'2 687'6 8'0 7'2 ELEC. LIVE CATTLE[10] Apr-21 Jun-21 119.775s 117.250s -0.800 -1.950 ELEC. FEEDER CATTLE[10] Apr-21 May-21 135.100s 139.600s -2.475 -3.175 ELEC. LEAN HOGS[10] May-21 Jun-21 107.600s 104.525s -0.475 -1.825 ELEC. MILK CLASS III[10] Apr-21 May-21 --- 19.10 --- -0.06 ELEC. COTTON #2[10] May-21 85.18 0.35 Thu, Apr 22, 2021 7:03 AM CDT Quotes are market time Delay is included in brackets DTN Grain Bids More > FARM CITY ELEVATOR-ZENDA - LAKE GENEVA, WI Commodity Price Basis Date Corn $6.19 -0.135 2021-04-22 Soybeans $14.85 -0.3025 2021-04-22 LANDMARK SERVICES COOP - BURLINGTON, WI Commodity Price Basis Date Corn $6.06 -0.26 2021-04-22 Soybeans $14.65 -0.5 2021-04-22 Non-reporting locations excluded from display

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