Closing Grain and Livestock Futures: May 16, 2024

Closing Grain and Livestock Futures: May 16, 2024

Jul. corn closed at $4.57, down 5 and 1/2 cents
Jul. soybeans closed at $12.16 and 1/4, up 2 and 3/4 cents
Jul. soybean meal closed at $367.70, down $4.00
Jul. soybean oil closed at 44.52, up 97 points
Jul. wheat closed at $6.63 and 1/4, down 2 and 1/2 cents
Jun. live cattle closed at $179.02, up 77 cents
Aug. feeder cattle closed at $257.35, up $1.47
Jun.

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Soybeans, corn, wheat down Friday

Soybeans were lower on profit taking and technical selling, while still finishing mixed on the week. The trade’s watching planting, expecting