OMAHA (DTN) — May corn is up 8 cents per bushel, May soybeans are up 10 3/4 cents, July KC wheat is up 4 3/4 cents, May Chicago wheat is up 4 1/2 cents and MIAX July Minneapolis wheat is up 2 1/4 cents. The Dow Jones Industrial Average is down 142.00 points. The U.S. Dollar Index is down 0.020 and May crude oil is up $0.80 per barrel. June gold is down $33.10 per ounce. Heading into the Wednesday close, all of the grain and soy markets are trading higher with corn, soybeans and especially bean oil extending gains. The March NOPA report had March crush at just 226.1 mb — below the 230 mb expected, but bean oil stocks fell by 41 million pounds and were expected to be sharply higher. Funds have added to corn, soy and bean oil longs today. A drier pattern is evolving in Brazil’s safrinha corn areas of Goias and Parana, which is leading to corn strength. 

OMAHA (DTN) — June live cattle are down $0.78 at $250.65, May feeder cattle are down $4.25 at $370.6, June lean hogs are down $0.58 at $101.875, May corn is up 7 cents per bushel and May soybean meal is up $3.10. The Dow Jones Industrial Average is down 211.78 points and the NASDAQ is up 251.42 points. The livestock complex is trading mostly lower into Wednesday’s noon hour as traders yearn to see greater fundamental support. There’s currently a bid being offered in Kansas at $248, but still no cattle have traded.

Monday, April 13

Ag Reports: Export Inspections 10:00 a.m., Crop Progress 3:00 p.m.

Tuesday, April 14

No Ag Reports Scheduled

Wednesday, April 15

Ag Reports: Broiler Hatchery 2:00 p.m.

Thursday, April 16

Ag Reports: Export Sales 7:30 a.m., Slaughter Weekly 2:00 p.m.

Friday, April 17

Ag Reports: CFTC Commitments of Traders 2:30 p.m.

***All times listed are Central***

This information compiled by Kim Ruberti, DTN associate editor. She can be reached at kim.ruberti@dtn.com

Markets

The Energy Information Administration will release their weekly Petroleum Status report on Wednesday morning at 9:30 a.m. CDT. Later in the afternoon at 2 p.m. CDT, USDA will release their monthly Livestock, Dairy, and Poultry Outlook. Traders continue to keep an eye out for new developments in the war in the Middle East.

Weather

Widespread showers and thunderstorms continue across the Central U.S. on Wednesday as yet another system moves through. Though the risks for severe weather are not as great as earlier in the week, pockets of stronger thunderstorms continue to look likely from central Texas up through the Midwest, especially Wednesday afternoon and evening again. Areas of heavy rain may produce more flooding for areas that are consistently hit by thunderstorms, especially in the Great Lakes.