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

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Today's Market View Corn Higher Wednesday at 6:00 a.m. CDT 5/5/2021 | 5:59 AM CDT DTN Staff Reporter Corn: July corn soared to a 17 1/4 cent higher close, reaching above $7.00 at one point on the warm and dry Brazil forecast and rising basis levels in the U.S. Soybeans: July soybeans finished up 14 1/4 cents, supported by a surging domestic basis and rising world veg oil prices. Wheat: July Chicago wheat closed up 8 3/4 cents with little news to drive the market, as crop conditions remained close to last week. Cotton: July cotton futures finished lower again for the fourth time in the last five days, closing down 0.69 cents. Live Cattle: June live cattle futures plunged again, to the lowest level since early January, closing down $2.275, and are now down $12/cwt since April 8. (c) Copyright 2021 DTN, LLC. All rights reserved. Morning News View More > Brazil Dryness Helps July Corn Top $7 Corn's Bullish Tone Continues With $7 Contract Highs 5/4/2021 | 5:41 PM CDT Corn futures continue to be the upside leader in the ongoing bull move. The weather forecast for the next 10 to 15 days appears to be warm to hot and... Read More Arkansas Dicamba Update Arkansas Expands Dicamba Use, Illinois and Indiana Maintain Limits 5/4/2021 | 4:34 PM CDT Kub's Den Where Ag Fits in Commodity 'Supercycle' 5/5/2021 | 5:00 AM CDT Blogs View All Blogs > Ag Policy Blog USDA To Hold Listening Session for Beginning Farmers and Ranchers 5/4/2021 | 5:10 PM CDT The U.S. Department of Agriculture (USDA) announced that the department will hold a virtual listening session on Thursday for beginning farmers and... Read More Canada Markets Statistics Canada's March Trade Data 5/4/2021 | 3:04 PM CDT An Urban's Rural View If China Ruled the World 5/4/2021 | 2:39 PM CDT Ag Weather Forum Heavy Rain and Northern Cold 5/4/2021 | 1:14 PM CDT Fundamentally Speaking Historic Moves for April Grain, Oilseed Contracts 5/4/2021 | 12:59 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 - 51N/A 58N/A 56N/A Wind Spd - 6 6 4 Wind Dir - N N NNE Precip % - - - - Today 60N/A 42N/A Thu 57N/A 44N/A Fri 56N/A 40N/A Sat 56N/A 37N/A Sun 54N/A 41N/A Futures Overview More > Contract Month Last Chg ELEC. CORN[10] May-21 Dec-21 749'6 587'0 5'0 6'4 ELEC. SOYBEANS[10] May-21 Nov-21 1590'0 1372'2 13'0 9'0 ELEC. WHEAT[10] May-21 Dec-21 737'4 730'4 0'4 2'0 ELEC. LIVE CATTLE[10] Jun-21 Aug-21 113.025s 116.625s -2.275 -1.725 ELEC. FEEDER CATTLE[10] May-21 Aug-21 129.750s 143.175s -3.300 -3.625 ELEC. LEAN HOGS[10] May-21 Jun-21 111.150s 113.550s 0.450 0.900 ELEC. MILK CLASS III[10] May-21 Jun-21 19.00 19.80 -0.07 0.02 ELEC. COTTON #2[10] May-21 86.49 0.32 Wed, May 5, 2021 7:12 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 $7.03 0.0325 2021-05-05 Soybeans $15.2 -0.3025 2021-05-05 LANDMARK SERVICES COOP - BURLINGTON, WI Commodity Price Basis Date Corn $6.95 -0.05 2021-05-05 Soybeans $15.2 -0.31 2021-05-05 Non-reporting locations excluded from display

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