Summary: The commodity markets chewed on weather and currency values in South America, limited Chinese buying and the continued effect of the coronavirus. For the week, May wheat lost 9 cents and the nearby corn contract rose 8 cents. The May soybean contract lost only 2 cents after trading as much as 18 cents higher earlier in the week. May soybean meal lost 50 cents per ton. May cotton bumped up $1.30 per hundredweight. Over in the dairy parlor, April Class III milk futures lost 16 cents. The livestock sector was mixed.
