Grains In the Red. Tuesday, March 25, 2025

Just past 9 a.m. CT, May corn was down 6½¢ at $4.58 per bushel.

May soybeans were down 4½¢ at $10.02¾ per bushel.

May wheat contracts were also lower. CBOT wheat was down 3½¢ at $5.44¾ per bushel. KC wheat was down 6¢ at $5.72. Minneapolis wheat was down 4¼¢ at $5.88.

Naomi Blohm, senior market advisor at Total Farm Marketing, said corn and soybeans have been rangebound for three weeks.

“Remember, the longer a market trades sideways the bigger the price breakout down the road —higher or lower depends on actual market fundamentals; cue next week’s USDA report,” she said.

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

Cole Raisbeck, commodities broker at Kluis Commodity Advisors, said these two reports “will set the tone for spring trade.”

“Traders are looking for clues on acreage shifts, especially in corn and soybeans, while the stocks report will provide insight into demand trends and potential adjustments to old-crop supplies,” he said.

June live cattle were up 53¢ at $202.68 per hundredweight (cwt) just past 9 a.m. CT. May feeder cattle were down 25¢ at $284.60 per cwt. June lean hogs were up $1.95 at $97.75 per cwt.

May crude oil was up 35¢ at $69.46 per barrel.

The U.S. Dollar Index June contract was down to 103.69.

June S&P 500 futures were down 2 points. June Dow futures were down 59 points.

Tags: lean hogs, corn, soybeans, wheat, futures, live cattle, feeder cattle