Wednesday, May 24, 2017 12:11PM CDT
Brent and Lisa Judisch of Cedar Falls, Iowa, were able to complete some custom soybean drilling last week before storms brought fieldwork to a halt. Meanwhile, wet conditions near Miami, Oklahoma, prompted Zack Rendel to pull the plug on his remaining milo planting and switch to soybeans.
July corn was up 1 cent, July soybeans were up 2 1/4 cents, and July Chicago wheat was up 1 3/4 cents.
Look for live and feeder cattle contracts to open a mixed basis thanks to a combination of follow-through selling and short covering. Lean hog futures should also begin with mixed price action tied to light bull spreading and pre-holiday positioning.