Grains Start Day Weaker. Thursday, June 5, 2025
Just after 9:00 a.m. CT, July corn was down 4¾¢ at $4.34 per bushel.
July soybeans were 3½¢ lower at $10.41½ per bushel.
“Fresh news is extremely light this morning and the markets are reflecting it”, said Karl Setzer, partner with Consus Ag Consulting. “We are seeing models calling for a ridge to set up across the U.S., which typically brings warm, dry conditions. While these can impact crop production, it is rather early to be a major threat as this time. Still, any loss of production puts the corn inventory closer to rationing and drops soybeans further into a rationing position.
July wheat markets started the day in the red. CBOT wheat was down 1½¢ at $5.41¾ per bushel. KC wheat was 1½¢ weaker at $5.39 per bushel. Minneapolis wheat dropped 3¾¢ at $6.19¾ per bushel.
June live cattle were up $1.85 at $214.20 per hundredweight (cwt). August feeder cattle increased $2.52 at $306.40 per cwt. June lean hogs were 97¢ weaker at $104.05 per cwt.
June crude oil was up 78¢ at $63.63 per barrel.
June S&P 500 futures were down 16 points. June Dow fell 155 points.
The June U.S. Dollar Index was down 265 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
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