Corn Higher Thursday at 6:00 a.m. CDT 5/6/2021 | 5:59 AM CDT DTN Staff Reporter
Corn: July corn closed 11 3/4 cents higher into a new contract high, with Dec corn leading the way, up 24 1/4 cents. Soybeans: July soybeans finished up only 4 cents, and well below the daily high, but new-crop Nov nearly touched the contract high. Wheat: July Chicago wheat closed up 17 3/4 cents on continued dry forecasts for the Northern Plains, Canadian Prairies and Pacific Northwest. Cotton: July cotton futures finished slightly higher, closing up 0.33 cents and above all key moving averages. Live Cattle: June live cattle futures closed $1.40 higher, stopping the two-day skid in prices, but remained in a bearish trend. (c) Copyright 2021 DTN, LLC. All rights reserved. |
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