Corn Up Nearly 3¢. Wednesday, March 26, 2025

Source:  Successful Farming

A little past 8:30 a.m. CT, May corn was up 2½¢ at $4.60¼ per bushel.

May soybeans were up 6¼¢ at $10.08 per bushel.

May wheat contracts were also higher. CBOT wheat was up less than a penny at $5.43½ per bushel. KC wheat was up 3¢ at $5.72¼. Minneapolis wheat was up 1¾¢ at $5.90¼.

On Monday, USDA is expected to release the annual Prospective Plantings report, which will include estimates for 2025/2026 corn, soybean, and wheat acres, and the quarterly Grain Stocks report.

“The odds of a market-moving surprise in these numbers are high this year — in either direction,” said Arlan Suderman, chief commodities economist at StoneX. “The stocks reports are known for their market-moving surprises, and the ranges of expectations for acreage are wide this year as well. This just adds one more unknown for the grain and oilseed markets, keeping them in a choppy sideways trading range as we move through this week’s trade.”

June live cattle were up 58¢ at $202.90 per hundredweight (cwt) a little past 8:30 a.m. CT. May feeder cattle were up $1.18 at $285.30 per cwt. June lean hogs were down 53¢ at $95.73 per cwt.

May crude oil was up 84¢ at $69.84 per barrel.

The U.S. Dollar Index June contract was up to 104.07.

June S&P 500 futures were up 2 points. June Dow futures were up 173 points.

Further development of the grain sector in the Black Sea and Danube region will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.

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