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.

Tags: soybeans, wheat, futures, live cattle, feeder cattle, lean hogs, corn