Grains Start Day Higher. Thursday, April 10, 2025
Just after 9 a.m. CT, July corn was up 2½¢ at $4.83 per bushel.
May soybeans increased 7¾¢ at $10.20½ per bushel.
“I think we’re trying to adjust both to the tariffs and to the weather. This is the time of year the weather usually tries to bobble up.” Don Roose, president of U.S. Commodities said, adding at start of Thursday’s trade there was anticipation for a USDA report, “We have the monthly World Agricultural Supply and Demand Estimates report and the trade will look at the demand side of the market, probably pretty closely, with all the tariff nervousness that we have.”
May wheat markets dropped Thursday morning. CBOT wheat was down 3½¢ at $5.38¾ per bushel. KC wheat was 2½¢ lower at $5.65½ per bushel. Minneapolis wheat dropped 4¼¢ at $6.04½ per bushel.
June live cattle were down 97¢ at $197.40 per hundredweight (cwt). May feeder cattle fell 92¢ at $277.27 per cwt. June lean hogs increased 47¢ at $92.17 per cwt.
May crude oil was down $3.05 at $59.30 per barrel.
June S&P 500 futures were down 146 points. June Dow futures fell 882 points.
The June U.S. Dollar Index dropped 1418 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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