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Just after 9:00 a.m. CT, July corn was up 4¼¢ at $4.93 per bushel.
May soybeans increased ¾¢ at $10.29¾ per bushel.
Angie Setzer, Partner with Consus Ag Consulting said, “The USDA finally made an adjustment to US corn exports, taking ending stocks down more than expected and sending prices to the highest level seen since the end of February. Soybeans saw some positive news with a slight reduction in their ending stocks outlook, while wheat got a surprise bump in its carryout on the back of reduced exports.”
May wheat markets saw a stronger trade starting Friday morning. CBOT wheat was down 14¼¢ at $5.52¼ per bushel. KC wheat was 14¼¢ lower at $5.72¼ per bushel. Minneapolis wheat dropped 11¾¢ at $6.13¾ per bushel.
June live cattle were down 37¢ at $195.57 per hundredweight (cwt). May feeder cattle dropped $1.00 at $276.30 per cwt. June lean hogs were up 40¢ at $93.57 per cwt.
May crude oil was up 18¢ at $60.25 per barrel.
June S&P 500 futures were up 28 points. June Dow futures rose 177 points.
The June U.S. Dollar Index fell 895 points.
Published: 9:21 a.m. CT
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