Corn Down Nearly 5¢. Wednesday, April 23, 2025
Ahead of 9 a.m. CT, July corn was down 4¾¢ at $4.78½ per bushel.
Naomi Blohm, senior market advisor at Total Farm Marketing, said a lack of new bullish news contributed to July corn falling below the $4.85 support level yesterday. She said the next level of support is $4.80, and then $4.75 is a significant support level.
July soybeans were up 4¼¢ at $10.50¼ per bushel ahead of 9 a.m. CT.
July wheat contracts were lower. CBOT wheat was down 4¢ at $5.46¼ per bushel. KC wheat was down 6¢ at $5.52¼. Minneapolis wheat was down 3¢ at $6.07¼.
June live cattle were up $1.95 at $208.23 per hundredweight (cwt). August feeder cattle were up $1.90 at $293.15 per cwt. June lean hogs were up $1.10 at $101.38 per cwt.
June crude oil was up a penny at $63.68 per barrel.
The U.S. Dollar Index June contract was up to 99.26.
June S&P 500 futures were up 173 points. June Dow futures were up 1,063 points.
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