Closing Comments May 01, 2026
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Wheat opened the week with each of the wheat exchanges going in their own direction (MW lower, Chicago higher, KC steady). By the end of
The week started with corn opening lower, but corn was able to quickly firm and trade with gains. Profit taking and expectations that this afternoon’s
Soybeans saw small gains to start the week and added to the gains in the day session to close with double-digit gains. Technical buying supported
Canola started the week trading back and forth in a choppy session and closed around unchanged. Support came from the gains in the soybean complex.
Cattle closed with gains in every session this week, pushing both live cattle and feeder cattle to new all-time highs. Strong demand and a sharply
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