CBOT futures closed mostly sharply higher for a second straight day; soybean and soybean oil futures have closed higher for 7 straight days (meal for 6 days). What was gained Tuesday was lost today as cattle futures closed much lower and near the day’s lows. Lean hog futures opened higher but closed mostly lower with the June LH leading the way down by $1.825/cwt. 

KFB First Vice President Eddie Melton says every day is Earth Day for Kentucky farmers.

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CBOT futures closed sharply higher but well of the day’s highs. Cattle futures closed higher after testing yesterday’s lows. Lean hog futures closed sharply higher for a second straight day, with the May LH contract hitting a contract high. 

Corn and soybeans closed strongly higher but mostly 4-5 cents below the highs. Cattle futures closed lower but well off the morning lows, resulting in mid-range settlements. Lean hog futures closed sharply higher, recouping most or more than last Friday’s losses. 

Nutrien Ag Climatologist Eric Snodgrass says Kentucky should see more normal growing weather this year.

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Generation Bridge Leadership Committee Secretary Sarah Beth Guffey says the new program will bring new opportunities.

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CBOT futures closed mixed with old-crop corn ending lower and soybeans and wheat posting modest gains. Cattle closed lower today, much like yesterday – with feeder futures losing more ground than live cattle. Lean hog futures closed sharply lower to down the daily $3.00 limit (expands to $4.50 tomorrow). 

After trending higher in overnight trade, CBOT futures amplified the rally when trading resumed at 8:30 am CT, leading to sharply higher closes in most contracts. Cattle futures closed lower across the board with feeder futures hit the hardest due to sharply higher corn futures. Lean hog futures closed higher with the May & June LH posting strong gains.