Tuesday, April 24, 2018 11:16AM CDT
A Canadian Pacific Railway (CP) strike scheduled to start April 21 was postponed late April 20. Meanwhile, the U.S. river system is still working through high water issues.
July corn was 1 cent lower, July soybeans were 1 cent lower, and July Kansas City (HRW) wheat was 5 cents lower.
Live and feeder futures should open at least moderately higher, supported by follow-through buying and improving beef demand. Lean hog contracts should open mixed thanks to residual selling on one hand and short-covering on the other.