Friday, April 16, 2021 5:23PM CDT
Agriculture Secretary Tom Vilsack noted Wednesday at a House Agriculture Appropriations Subcommittee hearing that USDA would not continue the Families to Farmers Food Box Program started by the Trump administration but expected to distribute dairy products from the dairy donation program.
July corn is up 9 cents, July soybeans are up 11 1/2 cents and July KC wheat is up 5 1/4 cents.
Traders have had the weekend to mull over last week's event. It is likely that no solid conclusions have been drawn, but it is a new week and livestock markets are oversold. Traders may cautiously test the market on the buy side.