Corn: March corn rose 5 1/2 cents to $4.89 3/4, closing nearer the session high. A new for-the-move high was featured in corn futures today, which was quite notable amid lacking outside market support.
Soybeans: March soybean futures climbed 9 1/2 cents to $10.65 1/2 and closed mid-range. March meal futures sank 50 cents to $315.30. March bean oil rallied 62 points to 45.04 cents. Soybean futures climbed to a fresh for-the-move high as strength in corn continues to pull soybeans higher.
Wheat: March SRW wheat closed unchanged at $5.54, near mid-range. March HRW wheat lost 4 cents to $5.70 3/4 and nearer the daily low. The winter wheat futures markets today saw some routine chart consolidation after good early-week gains.
Cotton: March cotton futures rallied 33 points to 67.47 cents and closed nearer session highs. Cotton futures saw modest strength today, though remain within the recent range.
Cattle: April live cattle rose 95 cents to $200.725, near the session high and hit a new contract high. February live cattle closed up $1.05 to $201.10 and scored a record-high for nearby futures of $201.45. March feeder cattle rose $1.00 to $274.075, near the session high and hit a contract high. Expiring (January) feeder cattle futures today hit a record high of $277.85. Technical buying from the chart-based speculators was featured today, with cash cattle and beef market fundamentals remaining solid.
Hogs: Resurgent wholesale prices spurred nearby hog gains Thursday, with nearby February futures rising 65 cents to $82.125, whereas most-active April slipped 7.5 cents to $87.20 Little seemed to change in the hog market Thursday, with cash values continuing their recent climb.