Corn Higher Wednesday at 6:00 a.m. CDT 4/21/2021 | 5:57 AM CDT DTN Staff Reporter
Corn: July corn closed up 11 1/2 cents Tuesday on continued dry weather plaguing Brazil's safrinha crop areas, and sizable fund buying. Soybeans: July soybeans shot to a new high, closing 21 1/4 cents higher on tightening stocks, a soaring interior basis, and huge fund buying. Wheat: July Chicago wheat closed 7 1/2 cents higher on a widespread freeze event that stretches from the north to the Texas panhandle. Cotton: July cotton futures closed up 0.46 cents and just under the 50-day moving average after two lower closes. Live Cattle: June live cattle futures closed $0.60 higher, breaking the streak of eight consecutive lower closes. (c) Copyright 2021 DTN, LLC. All rights reserved. |
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