Corn Up More Than 3¢. Monday, June 2, 2025

Source:  Successful Farming

As of 9:07 a.m. CT, July corn was up 3¼¢ at $4.47¼ per bushel.

July soybeans were down 4¼¢ at $10.37½ per bushel.

July wheat contracts were higher. CBOT wheat was up 9¼¢ at $5.43¼ per bushel. KC wheat was up 10¾¢ at $5.44. Minneapolis wheat was up 2¾¢ at $6.28¼.

“I am watching today’s USDA Crop Progress report, to be released at 3 p.m. central,” said Al Kluis, managing director of Kluis Commodity Advisors. “I will be watching the planting progress in Ohio, Michigan, Tennessee and Kentucky. Many private analysts are taking corn acreage and yields lower.”

Shortly past 9 a.m. CT, August live cattle were up 75¢ at $210.10 per hundredweight (cwt). August feeder cattle were up 55¢ at $299.38 per cwt. July lean hogs were up 10¢ at $105.03 per cwt.

July crude oil was up $1.79 at $62.58 per barrel.

The U.S. Dollar Index June contract was down to 98.63.

June S&P 500 futures were down 25 points. June Dow futures were down 264 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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