Summary: A WASDE report, weather in South America and the war in Ukraine all pulled on the market in different directions. For the week, the nearby wheat contract fell back $1.03, while May corn improved 8 cents. Cuts to production numbers in South America and a drought continue to support soybean prices as the May soybean contract rose 16 cents. May meal added $16.70 per ton. May cotton expanded $4.72 per hundredweight. Over in the dairy parlor, April Class III milk futures added 35 cents. The livestock sector ended on an up note. April cattle put on $1.52. April feeders added 73 cents.
