Corn Futures Lower at 6:00 a.m. CDT Thursday

Corn: December corn futures rallied 3 3/4 cents to end the day at $4.35 1/4, right up against major resistance.

Soybeans: January soybeans rose 12 3/4 cents, taking back all of Tuesday’s losses to finish at $11.34 1/4 on optimism over China trade.

Wheat: December Kansas City wheat futures rose again to close at $5.40 on news that China did in fact buy some U.S. wheat.

Cotton: December cotton rose a modest 0.03 cent to finish at 65.23, still in a sideways pattern and under the 50-day average.

Live Cattle: December live cattle futures plunged $7.25, finishing below all key moving averages to settle at $220.52, pressured by weaker cash.