Thursday, June 24, 2021 10:52AM CDT
U.S. District Judge Marcia Morales Howard in the U.S. District Court for Middle Florida issued a preliminary injunction Wednesday against USDA, blocking the department from sending out debt relief to socially disadvantaged farmers while the legal battle over the program continues.
December corn is up 1 cent, November soybeans are up 5 1/2 cents and September KC wheat is up 7 cents.
Cattle found some stability Thursday, which may continue Friday as the Cattle on Feed report will be released after the close of the market. Hog futures have yet to uncover solid support, but the end of the week could provide some short covering.