Midweek Green in Grains. Wednesday, March 5, 2025
Just before 9:00 a.m. CT, May corn was up 4½¢ at $4.56 per bushel.
May soybeans were 2½¢ higher at $10.01½ per bushel.
Jamey Kohake, senior risk manager with Pinion said, “Starting off [Wednesday], a little flatter trade, waiting to see what happens after the market closes with the tariffs on Canada and Mexico, there’s going to be a fresh update to that.”
Green across the board in May wheat contracts halfway through the week. CBOT wheat was up 11¾¢ at $5.48½ per bushel. KC wheat increased 10¢ at $5.58½ per bushel. Minneapolis wheat jumped 8¼¢ at $5.88¼ per bushel.
April live cattle were up 25¢ at $194.90 per hundredweight (cwt). April feeder cattle were 77¢ higher at $273.27 per cwt. April lean hogs were $1.17 stronger at $83.52 per cwt.
April crude oil was down $1.99 at $66.27 per barrel.
March S&P 500 futures were up 7 points. March Dow futures increased 152 points.
The March U.S. Dollar Index dropped 1287 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.
Join strategic discussions and networking with industry leaders!
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