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.
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