Mixed Market Ahead of Reports. Monday, March 31, 2025
Just before 9:00 a.m. CT, May corn was down ½¢ at $4.52¾ per bushel.
May soybeans jumped 2½¢ at $10.25½ per bushel.
Don Roose, President of U.S. Commodities, said the morning market movement was in preparation of the Prospective Plantings report and quarterly Grain Stocks report set to be released by the USDA on Monday, “I think the bottom line is this report will be the first report on acres that set the tone for next year and the stocks will set the tone for how good the demand was for the first half of the year.”
May Wheat markets fell at the start of the week. CBOT wheat was up ¾¢ at $5.29 per bushel. KC wheat increased ¼¢ at $5.52 per bushel. Minneapolis wheat jumped 1½¢ at $5.82½ per bushel.
June live cattle were down $1.80 at $203.05 per hundredweight (cwt). May feeder cattle fell $2.27 at $282.90 per cwt. June lean hogs dropped $1.80 at $93.97 per cwt.
May crude oil was up 58¢ at $69.94 per barrel.
June S&P 500 futures were down 79 points. June Dow futures dropped 343 points.
The June U.S. Dollar Index increased 106 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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