Corn Down More Than 5¢. Monday, June 23, 2025
As of 9:05 a.m. CT, December corn was down 5¼¢ at $4.36 per bushel.
November soybeans were down 7¼¢ at $10.53½ per bushel.
September wheat contracts were also down. CBOT wheat was down 12¼¢ at $5.71¼ per bushel. KC wheat was down 9¾¢ at $5.69. Minneapolis wheat was down 6¾¢ at $6.50.
“Grain and soybean futures are mostly in the red at the end of early trading, under pressure from mostly U.S. weather forecasts and a stronger dollar,” said The Brock Report, speaking of the overnight session. “The U.S. bombing of Iran and a vote by Iran’s parliament backing the closure of the Strait of Hormuz, which would shut off a large portion of Middle East crude oil exports, have failed to have a significant impact on grain futures in the absence of a sustained reaction by the crude oil futures market.”
As of 9:05 a.m. CT, August livestock were mixed. Live cattle were up 5¢ at $209.88 per hundredweight (cwt). Feeder cattle were down 23¢ at $302.23 per cwt. Lean hogs were down 63¢ at $111.83 per cwt.
August crude oil was down 88¢ at $72.96 per barrel.
The U.S. Dollar Index September contract was up to 98.51 as of 9:06 a.m. CT.
September S&P 500 futures were up 35 points. September Dow futures were up 193 points.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
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