Corn futures were fractionally lower Thursday. Light fund liquidation was noted ahead of the extended weekend. Weekly export sales were within trade expectations, but not strong enough support prices. May ended 1/4 of a cent lower at 2.10 1/2.



Soybean futures ended higher today, underpinned by the nearby contracts. Firm cash markets and talk of fresh export interest from China were supportive factors. Short-covering was also noted ahead of the extended weekend as futures markets will be closed on Friday. May ended 5 1/2 cents higher at $6.28 3/4.



Wheat futures bounced higher Thursday as the recent steep selloff attracted bargain hunters and some short covering. Otherwise, trading was quiet in advance of the three-day holiday weekend. CBOT May was 1 3/4 cents higher at $3.38 1/2. KCBT May was unchanged at $3.45. MGE May was up 2 cents at $3.57 3/4.



Cattle futures were solidly higher Thursday, climbing to the highest close in a week on news that cash cattle were trading at $90. Reports that Taiwan has agreed to lift its import ban on U.S. beef effective April 16 provided early support. April futures closed 95 points higher at $88.35.



Lean hog futures closed mostly lower on Thursday but the losses were generally small. Most of the activity was position evening ahead of the Hogs and Pigs report and ahead of the three-day weekend. April posted a 15 cent gain, closing at $70.30 while June lost 3 cents to close at $78.13.



Corn futures were fractionally lower Thursday. Light fund liquidation was noted ahead of the extended weekend. Weekly export sales were within trade expectations, but not strong enough support prices. May ended 1/4 of a cent lower at 2.10 1/2.



Soybean futures ended higher today, underpinned by the nearby contracts. Firm cash markets and talk of fresh export interest from China were supportive factors. Short-covering was also noted ahead of the extended weekend as futures markets will be closed on Friday. May ended 5 1/2 cents higher at $6.28 3/4.



Wheat futures bounced higher Thursday as the recent steep selloff attracted bargain hunters and some short covering. Otherwise, trading was quiet in advance of the three-day holiday weekend. CBOT May was 1 3/4 cents higher at $3.38 1/2. KCBT May was unchanged at $3.45. MGE May was up 2 cents at $3.57 3/4.



Cattle futures were solidly higher Thursday, climbing to the highest close in a week on news that cash cattle were trading at $90. Reports that Taiwan has agreed to lift its import ban on U.S. beef effective April 16 provided early support. April futures closed 95 points higher at $88.35.



Lean hog futures closed mostly lower on Thursday but the losses were generally small. Most of the activity was position evening ahead of the Hogs and Pigs report and ahead of the three-day weekend. April posted a 15 cent gain, closing at $70.30 while June lost 3 cents to close at $78.13.