CBOT Wheat Up Nearly 14¢. Tuesday, May 20, 2025
As of 8:43 a.m. CT, July corn was up 3¢ at $4.50½ per bushel.
July soybeans were unchanged at $10.50¾ per bushel.
July wheat contracts were higher. CBOT wheat was up 13¾¢ at $5.42¾ per bushel. KC wheat was up 13¼¢ at $5.36. Minneapolis wheat was up 9¾¢ at $5.95¼.
“Corn futures were boosted overnight by technically-driven short covering despite beneficial rains in the western Corn Belt,” said The Brock Report. “Wheat futures are at 8- to 9-session highs on support from a drop in the U.S. winter wheat crop rating and hot, dry weather in some of China’s key winter wheat provinces. Soybean futures showed limited movement overnight and ended narrowly mixed with strong U.S. planting progress remaining a negative market factor.”
August live cattle were up 55¢ at $208.48 per hundredweight (cwt) as of 8:43 a.m. CT. August feeder cattle were up 73¢ at $298.20 per cwt. July lean hogs were down 78¢ at $102.80 per cwt.
July crude oil was down 42¢ at $61.72 per barrel.
The U.S. Dollar Index June contract was down to 100.27.
June S&P 500 futures were down 22 points. June Dow futures were down 98 points.
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