July Futures Were Pressured Early on but Recovered Losses to Finish the Week

• Outside Markets Had Rough Start but Posted Gains to Close Out the Week

• U.S. Export Sales Reported Surprising Increase for the Week Ending April 20

• SpottyPrecipitation Received in West Texas, Oklahoma, and Kansas

Focus has officially shifted to the July contract, which continued to trade in the lower end of the long-term range. July futures were pressured early on and experienced another selloff…