Corn Up Slightly. Thursday, April 24, 2025
A little past 8:30 a.m. CT, July corn was up less than a penny at $4.80 per bushel.
July soybeans were up 3¢ at $10.53¼ per bushel.
July wheat contracts were lower. CBOT wheat was down 1¼¢ at $5.42¼ per bushel. KC wheat was down 6¾¢ at $5.43½. Minneapolis wheat was down 4½¢ at $6.02½.
“The recent selling pressure in the corn market is likely tied to the quick planting pace across the Midwest, combined with solid rainfall totals for April,” said Bob Linneman, commodities broker with Kluis Commodity Advisors. “The wet forecast was expected for April, but May and June are forecast to be below average for precipitation.”
This morning, USDA released the weekly U.S. Export Sales report. The Brock Report said sales were “solid for corn but lackluster overall.”
June live cattle were up 20¢ at $208.30 per hundredweight (cwt) a little past 8:30 a.m. CT. August feeder cattle were up 20¢ at $292.38 per cwt. June lean hogs were down 80¢ at $99.35 per cwt.
June crude oil was up 56¢ at $62.83 per barrel.
The U.S. Dollar Index June contract was down to 99.18.
June S&P 500 futures were up 4 points. June Dow futures were down 203 points.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
No agreement yet between Ukraine and Russia on Black Sea shipping
Russia redirects vegetable oil exports to Baltic ports after EFKO terminal shutdown
Large grain stocks and new technologies reduce risks from ‘super’ El Niño
Kenya faces wheat import delays as imports cover 95% of the country’s needs
Ukraine’s grain export logistics costs rise by $50/t amid port shutdowns
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon