Corn Up Less Than 2¢. Thursday, April 17, 2025
Ahead of 10 a.m. CT, July corn was up 1½¢ at $4.93¼ per bushel.
July soybeans were down 4½¢ at $10.45¾ per bushel.
July wheat contracts were higher. CBOT wheat was up 4¾¢ at $5.65¾ per bushel. KC wheat was up 5¼¢ at $5.77½. Minneapolis wheat was up 6¢ at $6.23.
This morning, USDA released the weekly U.S. Export Sales report.
“Net U.S. corn export sales for the week [that] ended April 10 came in at 61.9 million bushels, near the high end of trade expectations that ran 28.5-71 million bushels and well above the previous week’s sales of 40.2 million bushels,” said The Brock Report. “The sales data looks supportive for corn futures. Weekly shipments of 74 million bushels, up from the previous week’s 66.9 million, also look supportive for prices.”
Concerning soybeans and wheat, The Brock Report said the sales data appeared supportive for soybeans and neutral for wheat.
Ahead of 10 a.m., livestock were mixed, with June live cattle and August feeder cattle higher, and June lean hogs lower.
June crude oil was up $1.07 at 62.90 per barrel.
The U.S. Dollar Index June contract was up to 99.18.
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