Except for MGE spring wheat, grain and soy complex futures closed higher, although well below the day’s highs. Live cattle closed slightly higher while feeder futures ended mixed with losses in the front contracts. Lean hog futures closed mixed with the nearby June gaining 80 cents on strong fundamentals and momentum. 

The University of Kentucky IFAL Conference will be held June 20-24, 2021.

The CBOT had a wide-ranging assortment of closing prices as the July contracts came under heavy selling pressure during the day session with most prices settling near the day’s lows.  Cattle futures closed narrowly mixed on a lack of market direction from the cash side. Lean hog futures closed higher on support from the cash hog market and firmer pork cutouts.

KFB President Mark Haney says Southern Region Farm Bureau leaders recently met to discuss key policy issues.

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Todd Van Hoose with the Farm Credit Council says better commodity prices have improved farmer sentiment.

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CBOT futures closed lower after trading to the plus-side overnight. Live cattle closed mixed while feeder futures finished in the green thanks to the sharp losses in CBOT futures. Lean hog futures closed variably higher on continued strength in the pork cutout. 

CBOT futures closed widely mixed with corn and wheat giving up some of yesterday’s huge gains. Cattle futures closed strongly higher led by the nearby contract months. Lean hog futures closed mixed with J/J/A contracts on the negative side. 

KFB's Scott Christmas invites teachers to attend KFB's Teacher Workshops.

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