Grains Start Day in the Red. Tuesday, May 13, 2025
As of 8:30 a.m. CT, July corn was down 3¾¢ at $4.44¼ per bushel.
July soybeans were down 4½¢ at $10.66¾ per bushel.
July wheat contracts were also lower. CBOT wheat was down 6¢ at $5.09¼ per bushel. KC wheat was down 4¢ at $5.04. Minneapolis wheat was down 4½¢ at $5.79½.
“Grain and soybean futures are in the red at the end of early trading with corn and soybean contracts under renewed pressure from faster-than-expected U.S. planting progress,” said The Brock Report, speaking about the overnight session. “Wheat futures have fallen to new lows again, under pressure from strong U.S. production prospects, which have been underscored by a better-than-expected U.S. winter wheat crop rating [in the weekly USDA Crop Progress report] and speedy spring wheat planting progress.”
June live cattle were down 13¢ at $216.70 per hundredweight (cwt) as of 8:30 a.m. CT. August feeder cattle were down 33¢ at $306.05 per cwt. June lean hogs were down 55¢ at $97.75 per cwt.
June crude oil was up 61¢ at $62.56 per barrel.
The U.S. Dollar Index June contract was down to 101.15 as of 8:31 a.m. CT.
June S&P 500 futures were down 1 point. June Dow futures were down 179 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.
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