Hog futures slumped to a two-week low on speculation that demand for U.S. pork is slowing and supplies are increasing. Cattle prices were little changed.
Cattle futures rose for the first time in three sessions on signs of improving demand for U.S. beef. Hog prices also gained.
Corn traders are the least bullish in seven months as U.S. farmers prepare to plant a record crop amid an outlook for drier Midwest weather in coming weeks.
Wells Fargo & Co., the largest U.S. mortgage originator, is expanding its home-lending headquarters in Iowa as the firm plans for growth even while the industry predicts a slowing market.
Corn futures rebounded from the lowest in almost 10 months after a government report showed increased U.S. production of grain-based ethanol in the U.S. Soybeans and wheat fell.
Soybean futures fell for the first time in four days on speculation that dwindling U.S. supplies will curb processing activities and increase imports from South America. Corn and wheat rose.
U.S. feedlot owners unexpectedly increased the number of cattle added to their herds in March compared with a year earlier as a drop in corn costs improved prospects for an end to operating losses.
Cattle futures rose on speculation that U.S. meat purchases will increase as the weather warms up and more consumers grill outdoors. Hog prices also climbed.
Corn supplies in the U.S., the biggest grower, are shrinking at the fastest pace in almost four decades as improving demand from ethanol refiners drains reserves already diminished by drought.
The first man on the moon, the first U.S. woman in space and the first black Federal Reserve member were among the notable deaths in 2012.