Tuesday, May 4, 2021

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

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Today's Market View

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

5/4/2021 | 6:00 AM CDT

DTN Staff Reporter

Corn: July corn closed up 6 1/4 cents Monday, and besides November soybeans, was the only grain/soy market to finish in the green as Brazil remains too dry.

Soybeans: July soybeans closed down 10 1/4 cents on Monday, 40 cents below the overnight high, as profit-taking ensued.

Wheat: July Chicago wheat closed down 16 3/4 cents following rains across the soft red winter wheat areas.

Cotton: July cotton futures finished mildly lower for the third time in the last four days, closing down 0.03 cents.

Live Cattle: June live cattle futures renewed its bearish trend, closing down $1.275 Monday, remaining in a short-term downtrend.

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Local Forecast

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IL Kelsey Road (162003), IL
Today 6 AM 10 AM 2 PM 6 PM
Sky Cover
Temp - 53N/A 56N/A 55N/A
Wind Spd - 8 7 7
Wind Dir - NNW N N
Precip % - - - -
Today
56N/A
50N/A
Wed
61N/A
41N/A
Thu
55N/A
45N/A
Fri
57N/A
42N/A
Sat
59N/A
38N/A

Futures Overview

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Contract Month Last Chg
ELEC. CORN[10]
May-21
Dec-21
746'6
568'0
14'4
5'0
ELEC. SOYBEANS[10]
May-21
Nov-21
1574'0
1355'0
13'6
10'2
ELEC. WHEAT[10]
May-21
Dec-21
731'2
722'0
5'6
2'0
ELEC. LIVE CATTLE[10]
Jun-21
Aug-21
115.300s
118.350s
-1.275
-0.275
ELEC. FEEDER CATTLE[10]
May-21
Aug-21
133.050s
146.800s
-0.550
0.050
ELEC. LEAN HOGS[10]
May-21
Jun-21
110.700s
112.650s
0.575
2.925
ELEC. MILK CLASS III[10]
Apr-21
May-21
17.64s
---
0.00
---
ELEC. COTTON #2[10]
May-21
---
---
Tue, May 4, 2021 7:03 AM CDT
Quotes are market time
Delay is included in brackets

DTN Grain Bids

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FARM CITY ELEVATOR-ZENDA - LAKE GENEVA, WI
Commodity Price Basis Date
Corn $6.93 0.035 2021-05-04
Soybeans $15.06 -0.3 2021-05-04
LANDMARK SERVICES COOP - BURLINGTON, WI
Commodity Price Basis Date
Corn $6.84 -0.05 2021-05-04
Soybeans $15.05 -0.31 2021-05-04
Non-reporting locations excluded from display
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