Corn futures ended higher today. Without a lot of leadership from soybeans early in the day, corn held in a tight trading range. But a late round of buying pushed prices to new highs for the day. May closed 2 cents higher at $2.16 1/4.



Soybean futures ended higher on Wednesday after a choppy trading session. Weakness in the dollar and general strength in commodities has kept funds in a buying mood. May ended 4 cents higher at $6.29 1/2.



Wheat futures were a few cents higher Wednesday finding further support from speculative enthusiasm for the long side of the commodity markets. Bearish fundamentals limited gains ahead of the Supply/Demand report. CBOT May was 3 1/2 cents higher at $3.40 3/4. KCBT May was 2 1/2 cents at $3.50. MGE May was 4 1/2 cents higher at $3.60 3/4.



Cattle futures surged to new contract highs Wednesday led by a sharp jump in the cash market. Cash cattle jumped $7 on a dressed basis in Nebraska to reach $150 and there were reports of $93 to $94 cattle in the southern Plains, up from $90 last week. April closed 220 points higher at $91.45.



Lean hog futures closed lower on Wednesday as traders took profits after the recent big gains. Cash hog prices continued to work higher on Wednesday, but that was not enough to prevent a sell-off in futures. April hogs fell by $1.53 to close at $74.58.