Monday, May 10, 2021

Corn Lower Monday at 6:00 a.m. CDT

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Today's Market View

Corn Lower Monday at 6:00 a.m. CDT

5/10/2021 | 5:57 AM CDT

DTN Staff Reporter

Corn: July corn closed another 13 1/2 cents higher on Friday to another contract high, again fueled by extreme drought in Brazil's safrinha corn region, and a huge China purchase of 53.4 million bushels of new crop.

Soybeans: July soybeans finished up 20 1/4 cents on Friday, setting another new contract high on tight supplies.

Wheat: July Chicago wheat closed up 8 1/2 cents in sympathy with corn, and on continued drought in the northern Plains and Canada.

Cotton: July cotton futures fell in quiet trade, closing down 0.92 cents after two consecutive higher closes.

Live Cattle: June live cattle futures closed higher on Friday for the third straight day, closing up $0.550.

(c) Copyright 2021 DTN, LLC. All rights reserved.

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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 - 46N/A 50N/A 46N/A
Wind Spd - 6 5 6
Wind Dir - NE NE NE
Precip % - 20 - -
Today
50N/A
40N/A
Tue
55N/A
35N/A
Wed
60N/A
36N/A
Thu
65N/A
40N/A
Fri
68N/A
44N/A

Futures Overview

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Contract Month Last Chg
ELEC. CORN[10]
May-21
Dec-21
762'0
621'4
-10'6
-15'0
ELEC. SOYBEANS[10]
May-21
Nov-21
1613'6
1421'0
-7'2
-12'4
ELEC. WHEAT[10]
May-21
Dec-21
767'4
747'0
-6'0
-18'2
ELEC. LIVE CATTLE[10]
Jun-21
Aug-21
116.025s
118.850s
0.550
0.375
ELEC. FEEDER CATTLE[10]
May-21
Aug-21
131.725s
144.275s
1.250
0.875
ELEC. LEAN HOGS[10]
May-21
Jun-21
111.975s
112.850s
0.575
-1.625
ELEC. MILK CLASS III[10]
May-21
Jun-21
---
18.90
---
0.01
ELEC. COTTON #2[10]
Jul-21
88.90
-0.76
Mon, May 10, 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 $7.28 0.0275 2021-05-10
Soybeans $15.55 -0.2975 2021-05-10
LANDMARK SERVICES COOP - BURLINGTON, WI
Commodity Price Basis Date
Corn $7.21 -0.05 2021-05-10
Soybeans $15.54 -0.31 2021-05-10
Non-reporting locations excluded from display
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