KC Wheat Up 20¢. Monday, March 17, 2025
Ahead of 9 a.m. CT, May corn was up 6¢ at $4.64½ per bushel.
May soybeans were down 1¾¢ at $10.14¼ per bushel.
May wheat contracts were higher. CBOT wheat was up 15¼¢ at $5.72¼ per bushel. KC wheat was up 20¢ at $6.06. Minneapolis wheat was up 14¼ at $6.16.
Naomi Blohm, senior market advisor at Total Farm Marketing, said grains are being supported this morning by dryness in the U.S. Plains and the Black Sea region as well as news of a Chinese stimulus plan.
“China released a multi-faceted plan to try to boost consumer spending as their government is committed to reviving a sluggish economy,” she said.
June live cattle were up 50¢ at $199.85 per hundredweight (cwt) ahead of 9 a.m. CT. May feeder cattle were up $1.05 at $283.70 per cwt. June lean hogs were up $1.75 at $98.05 per cwt.
May crude oil was up 73¢ at $67.64 per barrel.
The U.S. Dollar Index June contract was down to 103.20.
March S&P 500 futures were up 29 points. March Dow futures were up 211 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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