Wheat futures surged today, finishing 26 to 37 cents higher in Chicago, 29 to 33 cents
higher in Kansas City and mostly 19 to 24 cents higher in Minneapolis....
Soybean futures got off to a firmer start, but late, heavy selling sent the market
plummeting 16 to 33 cents on the close. Today?s losses brought the market to a steady to lower
close for the week....
Corn futures ended firmer today to post sharp gains for the week. July corn ended 54 1/2 cents
higher than last week's close, with December corn up 31 3/4 cents. Key for corn futures to build on
this week's gains is how outside markets and the cash market performs....
July Soybeans finished down 33 at 1405, 33 3/4 off the high and equal to the low. November Soybeans
closed down 18 1/2 at 1288. This was equal to the low and 29 1/2 off the high. July Soymeal closed
down 10.1 at 417.9. This was 0.9 up from the low and 12.9 off the high....
July Wheat finished up 37 1/2 at 695 1/4, 2 1/4 off the high and 42 3/4 up from the low. December
Wheat closed up 31 1/4 at 720. This was 36 1/2 up from the low and 5 1/4 off the high. July wheat
capped off a strong up week with a surge higher on the day....
July Corn finished up 10 1/2 at 635 1/2, 3 off the high and 16 up from the low. December Corn
closed up 8 3/4 at 537. This was 15 up from the low and 5 1/2 off the high....
Malaysian palm oil futures ended almost flat after hitting a near 5-month low, as lingering worries
over Greece's potential exit from the euro zone dampened investors' risk appetite....
Effective this Sunday, May 20 (trade date Monday, May 21), the electronic trading hours on CME
Globex for all CBOT Commodity, KCBT, and MGEX Grain and Oilseed futures and options will be
expanded to the following:Sunday to Friday: 17:00 CT to 14:00 Central Time (CT)Additional details
on the impacted products are available
online. If you have any questions, please contact the CME Global Command Center at 312-456-2391, in
Europe at 44-20-7623-4708 or in Asia at 65-6223-1357.
Effective this Sunday, May 20 (trade date Monday, May 21), the electronic trading hours on CME
Globex for all CBOT Commodity, KCBT, and MGEX Grain and Oilseed futures and options will be
expanded to the following:Sunday to Friday: 17:00 CT to 14:00 Central Time (CT)Additional details
on the impacted products are available
online. If you have any questions, please contact the CME Global Command Center at 312-456-2391, in
Europe at 44-20-7623-4708 or in Asia at 65-6223-1357.