Corn Starts Day in Red | Monday, May 5, 2025
A little past 8:30 a.m. CT, July corn was down 2¾¢ at $4.66¼ per bushel.
July soybeans were down 3½¢ at $10.54½ per bushel.
July wheat contracts were mixed. CBOT wheat was down 4¼¢ at $5.38¾ per bushel. KC wheat was down 6½¢ at $5.34¾. Minneapolis wheat was up less than a penny at $6.11¾.
“Dry weather this week for most of the U.S. Midwest should help planting progress,” said Naomi Blohm, senior market advisor at Total Farm Marketing. Speaking of the overnight session, she noted, “The notion of faster planting is weighing on grains this morning.”
June live cattle were up 10¢ at $211.20 per hundredweight (cwt) just past 8:30 a.m. CT. August feeder cattle were down 40¢ at $296.50 per cwt. June lean hogs were up 10¢ at $99.45 per cwt.
June crude oil was down 81¢ at $57.48 per barrel.
The U.S. Dollar Index June contract was down to 99.34.
June S&P 500 futures were down 49 points. June Dow futures were down 273 points.
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