var _gaq = _gaq || []; _gaq.push(['_setAccount', 'UA-16049511-2']); _gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + ''; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })();

Market Recap: Grains & Oilseeds Suffer Under Rising Dollar

Lean hog futures closed modestly lower as concerns over China and a higher U.S. dollar more than outweighed a rise in pork prices. April hog futures fell 27 to 87.40, June hog futures fell 47 to 94.55.

U.S. live cattle futures took back most prior-day gains on Wednesday as steadily falling beef prices and a richer U.S. dollar outstripped forecasts for stable cash prices. April Live Cattle fell 7 to 127, April feeders fell 55 to close at $157.

US wheat futures ended mostly lower, pressured by lower corn prices. May wheat in Chicago fell 5 1/4 to $6.43, May wheat in KC declined 6 1/2 to $6.81.

US corn futures ended lower, stabilizing after a three-day rally. May corn ended down 3 1/4 at $6.58.

US soybean futures ended higher, boosted by concerns about tight supplies and by higher-than-expected crush data. May soybeans ended up 1 1/2 at $13.50, while, May soy meal rose $1.10 to $367.20, and May soy oil ended down 7 to 54.80.

Cotton futures put in their lowest settlement since Dec. 23 as bearish fundamentals continue to pressure the market. May cotton fell 90 to 87.14, and the July contract dropped 1.04 to $87.76.

Gold futures tumbled Wednesday as investors continued to shed the precious metal after Tuesday's Federal Reserve statement damped hopes of another round of monetary stimulus. April gold fell $51.30 to $1,642.90, April silver fell $1.37 to $32.18.

Oil futures fell in an intense sell-off during the last half-hour of trading Wednesday, after meandering most of the session. April crude fell $1.28 to $105.43 a barrel, April gasoline dropped a fraction to $3.34 a gallon, and April distillates also fell a fraction to $3.26 a gallon.

Natural gas futures finished lower Wednesday, as mild weather and elevated gas inventories continued to pressure prices. April Natural gas dropped 1.5 cents to $2.28.

On Wall Street, the S&P 500 broke a five-day streak of gains on Wednesday, as investors found little reason to extend a rally that took the benchmark index to four-year highs. The Dow gained 16 to close at 13,194, the Nasdaq closed up a fraction at 3,040, and the S&P 500 fell 1 to close at 1,394. is dedicated to serving the agricultural industry in the Carolinas and Virginia with the latest ag news, exclusive regional weather station readings, and key crop market information. The website is a companion of the Southern Farm Network, provider of daily agricultural radio programming to the Carolinas since 1974. presents radio programs, interviews and news relevant to crop and livestock production and research throughout the mid-Atlantic agricultural community.