Page 5 - May Corn News Today

With Fertilizer prices at all-time highs, crop yields could take a hit as farmers are forced to cut costs in production.

Cattle cooled off towards the end of the week, battling higher feed prices and demand.

Underlying support remains constant in the cattle market, with a slight pull back but not enough to scare traders.

June Cattle Futures Rallied yesterday, following news of US Beef Production declines.

Live Cattle finished the week on solid, with support from a strong Cash Market.

Uncertainty remains the biggest factor in the Wheat market, with Ukrain’s grain forecasted harvest to be down 50-60%.

Live Cattle finished yesterday steady on strong cash market, while Feeders Firmed up giving the market a much needed boost.

Global supply concerns in the Corn Market remain top of mind for traders, while the lack of New Crop has investors worried about upcoming yields.

Wheat limits up once again, as global supply uncertainty continues to drive demand.

Cattle rebound, recovering some losses from earlier last week but grains ultimately calling the shots.