Thursday, April 2, 2020 2:14PM CDT
Although ranchers would welcome a day off here and there, they are thankful to have something to do in these uncertain times. While other industries are completely shut down and workers are sent home to weather the storm, cattlemen are outside, tending to their livestock as they always would.
May corn is up 3 3/4 cents per bushel, May soybeans are down 1 1/4 cents, and May KC wheat is up 10 cents.
The extreme market pressure this week is likely to continue Friday as technical and fundamental market direction remains under pressure at the end of the week. The potential for limited end-of-the-week short-covering could potentially bring some much needed relief.