Corn Up 4¢. Wednesday, June 18, 2025

Shortly past 9:10 a.m. CT, December corn was up 4¢ at $4.42¾ per bushel.

November soybeans were up 3¼¢ at $10.71 per bushel.

September wheat contracts were higher. CBOT wheat was up 14¾¢ at $5.80¼ per bushel. KC wheat was up 12¢ at $5.74½. Minneapolis wheat was up 10¼¢ at $6.54½.

“I’m keeping an eye on the U.S. dollar,” said Cole Raisbeck, commodities broker at Kluis Commodity Advisors. “Commodities performed well yesterday, even as the dollar moved sharply higher. The strength in the dollar came as tensions rose between Israel and Iran, with safe-haven buying providing support. If the U.S. gets involved, then we could see increased volatility in both the dollar and commodity markets.”

The Federal Reserve’s Federal Open Market Committee is expected to wrap up its June meeting today. “The uncertainty of the Iran – Israeli war, and the uncertainty of the tariff war, are fully expected to keep the Federal Reserve on the sideline later today when it releases its updated monetary policy statement,” said Arlan Suderman, chief commodities economist at StoneX, adding “no significant changes” are expected.

As of 9:12 a.m. CT, August livestock were mixed. Live cattle were up 30¢ at $210.95 per hundredweight (cwt). Feeder cattle were down 65¢ at $302.70 per cwt. Lean hogs were up 53¢ at $112.33 per cwt.

August crude oil was down 60¢ at $72.67 per barrel.

The U.S. Dollar Index September contract was down to 98.20.

September S&P 500 futures were up 21 points. September Dow futures were up 125 points.

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