Corn Starts Week Sharply Down. Monday, June 16, 2025
Just after 9:00 a.m. CT, July corn was down 10½¢ at $4.34 per bushel.
July soybeans were 2¾¢ higher at $10.72½ per bushel.
“The mixed trend of the market has carried over into this week’s start with grains in the red and soybeans higher. Soybeans continue to take strength from soy oil following last Friday’s announcement that the proposed biodiesel blend rate would increase to 5.6 billion gallons, more than trade was expecting.” Karl Setzer, partner with Consus Ag Consulting said, “While soybean gains are limited to start the week, soy oil is again sharply higher with thoughts we will see a record crush total for May.”
The wheat markets started the week in the red. July CBOT wheat was down 8½¢ at $5.35¼ per bushel. September KC wheat dropped 6¼¢ at $5.48¾ per bushel. September Minneapolis wheat fell 6¢ at $6.39¼ per bushel.
August live cattle were up $2.95 at $215.40 per hundredweight (cwt). August feeder cattle was $2.37 stronger at $308.80 per cwt. July lean hogs were $1.15 higher at $111.27 per cwt.
June crude oil was down $2.21 at $69.08 per barrel.
June S&P 500 futures were up 65 points. June Dow jumped 463 points.
The June U.S. Dollar Index was down 470 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.
Read also
Black Sea & Danube: Crop and Export Forecast
Ukraine to expand sunflower and rapeseed area while soybeans decline — FAS USDA
Wheat faces biggest weekly drop in eight months on higher inventories
Cargill’s head of world trading departs firm after three decades
Indonesia deploys African weevils to boost palm oil output
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon