Corn Up Less Than 2¢. Thursday, June 12, 2025
As of 8:46 a.m. CT, July corn was up 1¾¢ at $4.38¾ per bushel.
July soybeans were up 3¼¢ at $10.53¾ per bushel.
July wheat contracts were mixed. CBOT wheat was down less than a penny at $5.33½ per bushel. KC wheat was down a penny at $5.25¼. Minneapolis wheat was up 5¢ at $6.22¼.
This morning at 11 a.m. CT, USDA is expected to release the June 2025 World Agricultural Supply and Demand Estimates (WASDE) report.
“On today’s USDA report, minor demand adjustments are expected, with no changes to corn and soybean yield expected,” said Naomi Blohm, senior market advisor at Total Farm Marketing.
“If there is no fresh friendly news on today’s report, the path of least resistance [for grain prices] is likely lower based on seasonal and technical indicators, and a rather benign weather forecast for now.”
As of 8:47 a.m. CT, August livestock were higher. Live cattle were up 10¢ at $218.13 per hundredweight (cwt). Feeder cattle were up 15¢ at $311.23 per cwt. Lean hogs were up 28¢ at $110.48 per cwt.
July crude oil was down 75¢ at $67.40 per barrel.
The U.S. Dollar Index June contract was down to 97.81.
June S&P 500 futures were down 11 points. June Dow futures were down 221 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.
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