Friday, February 22, 2019 2:14PM CST
As a result of changes to the Price Loss Coverage, or PLC, made in the 2018 farm bill, corn, soybeans, upland cotton and sorghum all have a higher 2018 yields than 2014 PLC update yields.
March corn is up 1 1/2 cents per bushel, March soybeans are up 1/4 cent, and May K.C. wheat is down 1/4 cent.
Follow-through support is expected to move into hog futures following sharp triple-digit gains Thursday. The focus across the complex will be on the plethora of backlogged reports to be released Friday, which could create mixed messages through the complex.