Summary: For the week, May wheat lost 22 cents and the nearby corn contract dropped 15 cents. The May soybean contract tumbled 27 cents. May soybean meal lost $19.90 per ton. May cotton shed 35 cents per hundredweight. Over in the dairy parlor, April Class III milk futures plummeted $1.20. A devastating week in the livestock sector with multiple limit-down days in the trade. June cattle cut $8.58, May feeders slashed $12.83 and the June lean hog contract shed $15.92, a fall of nearly 25 percent. In the currency markets, the U.S. Dollar index increased 204 ticks.
