Corn Up Over 6¢. Monday, April 7, 2025
Ahead of 9:30 a.m. CT, May corn was up 6½¢ at $4.66¾ per bushel.
May soybeans were up 12¢ at $9.89 per bushel.
May wheat contracts were also higher. CBOT wheat was up 16¼¢ at $5.45¼ per bushel. KC wheat was up 13¼¢ at $5.70¾. Minneapolis wheat was up 11¼¢ at $5.95¾.
Naomi Blohm, senior market advisor at Total Farm Marketing, said the shock of the tariff announcements from the White House last week may be factored into the grain markets for now.
“The collapse in the stock market will force Trump to begin trade negotiations with our major trade partners yet this week,” said Al Kluis, managing director of Kluis Commodity Advisors. “The collapse in the stock and grain markets is putting pressure on the administration and Congress to make some changes, or possibly delay when the tariffs go into effect.”
June live cattle were up $1.08 at $199.28 per hundredweight (cwt) before 9:30 a.m. CT. May feeder cattle were up $1.88 at $276.75 per cwt. June lean hogs were up 90¢ at $92.45 per cwt.
May crude oil was up $1.03 at $63.02 per barrel.
The U.S. Dollar Index June contract was up to 102.86.
June S&P 500 futures were up 97 points. June Dow futures were up 450 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.
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