Corn and Soy Down This Morning. Wednesday, May 28, 2025
As of 9:01 a.m. CT, July corn was down 1½¢ at $4.58 per bushel.
July soybeans were down 6¢ at $10.56½ per bushel.
July wheat contracts were higher. CBOT wheat was up 4½¢ at $5.33 per bushel. KC wheat was up 4¾¢ at $5.29¼. Minneapolis wheat was up 10¢ at $6.06¼.
“I continue to closely watch the U.S. dollar,” said Cole Raisbeck, commodities broker with Kluis Commodity Advisors. “After Trump announced tariffs on the EU would be delayed until July 9, equities started the week higher, which helped the dollar climb. Watch for additional details on trade agreements with India, South Korea, and Japan. If the dollar continues to strengthen, these developments could also impact the U.S. dollar and put pressure on grain market export demand.”
As of 9:02 a.m. CT, the U.S. Dollar Index June contract was up to 99.69.
August live cattle were up 18¢ at $209.48 per hundredweight (cwt). August feeder cattle were up 18¢ at $298.33 per cwt. July lean hogs were up 98¢ at $103.13 per cwt.
July crude oil was up 99¢ at $61.88 per barrel.
June S&P 500 futures were down 2 points. June Dow futures were down 7 points.
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