Corn Down Slightly. Wednesday, July 9, 2025
As of 8:56 a.m. CT, December corn was down less than a penny at $4.14 per bushel.
November soybeans were down 6¼¢ at $10.11¼ per bushel.
September CBOT wheat was down 3½¢ at $5.44¼ per bushel. September KC wheat was down 4¼¢ at $5.18¼ per bushel. September Minneapolis wheat was down 1½¢ at $6.28¼.
“Grain and soybean futures showed limited movement in very quiet early trading as market participants watched for fresh news to drive price direction,” said The Brock Report, speaking of the overnight session. “Mostly favorable U.S. weather for corn and soybean growth and winter wheat harvest continued to weigh on prices and kept a tight lid on buying interest, while technically oversold market conditions limited selling. Trading may remain cautious this morning as traders even positions ahead of Friday’s monthly USDA [World Agricultural Supply and Demand Estimates (WASDE)] report, while keeping an eye on weather and awaiting fresh news on U.S. tariff policy.”
August livestock were higher as of 8:56 a.m. CT. Live cattle were up 15¢ at $220.13 per hundredweight (cwt). Feeder cattle were up 53¢ at $319.65 per cwt. Lean hogs were up 15¢ at $106.93 per cwt.
August crude oil was down 43¢ at $67.90 per barrel.
The U.S. Dollar Index September contract was up to 97.26.
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