DELMARVA — Livestock futures climbed yesterday at the Chicago Mercantile Exchange as traders positioned ahead of direct sales. June live cattle advanced $1.27 to settle at $247.20 per hundredweight. August contracts gained $0.92 to close at $243.35.
Feeder cattle showed even stronger performance, with May contracts jumping $2.42 to finish at $370.42. August contracts rose $2.17 to end at $370.12.
Markets
The U.S. Department of Agriculture raised price projections for several key commodities in its latest market analysis. Season-average forecasts increased for wheat, corn, soybeans, soybean meal, cheese, and cotton.
On soybeans, futures posted modest gains on technical buying and renewed strength in crude oil markets. USDA boosted domestic processing projections while lowering export estimates, leaving ending stocks unchanged.
Forecast
Patchy fog this morning will give way to mostly sunny skies with highs reaching 65°F. Light south winds around 5 mph. Tonight stays partly cloudy with lows near 49°F.
Saturday looks sunny with temperatures again near 65°F and northwest winds 5 to 10 mph.
This article is based on the Delmarva Farm Report Update Morning Edition, April 10, 2026. Hosted by Tom Bradley.
