Corn Up Nearly 5¢. Thursday, March 20, 2025
Ahead of 9 a.m. CT, May corn was up 4½¢ at $4.66½ per bushel.
May soybeans were down a penny at $10.07¼ per bushel.
May wheat contracts were lower. CBOT wheat was down 6½¢ at $5.57 per bushel. KC wheat was down 10½¢ at $5.84¼. Minneapolis wheat was down 6¼¢ at $6.05½.
Following the end of the overnight market and ahead of the 8:30 a.m. open, Naomi Blohm, senior market advisor at Total Farm Marketing, described corn and soybean trade as rangebound, and said the wheat market is experiencing profit taking following the recent wheat rally.
This morning, USDA released the weekly U.S. Export Sales report, covering the week that ended March 13. Blohm said sales were “strong for corn, and not so hot for beans and wheat.”
June live cattle were down 20¢ at $202.65 per hundredweight (cwt) ahead of 9 a.m. CT. May feeder cattle were down 28¢ at $287.23 per cwt. June lean hogs were up 25¢ at $96.75 per cwt.
May crude oil was down 15¢ at $66.76 per barrel.
The U.S. Dollar Index June contract was up to 103.73.
June S&P 500 futures were down 17 points. June Dow futures were down 171 points.
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