Mixed Trade Near Weekend. Friday, June 6, 2025
Just after 9:00 a.m. CT, July corn was down 3¼¢ at $4.36¼ per bushel.
July soybeans were 1½¢ higher at $10.53¼ per bushel.
“Corn, soybeans, and wheat favored the downside overnight as the buying interest that gave us [Thursday’s] rebound subsided.” Karl Setzer, partner with Consus Ag Consulting said, adding a reason for the bounce was updated weather forecasts, “[It was] calling for a ridge to set up across the U.S. bringing warmer, drier conditions to the region. Updated models are still calling for heat, but precipitation chances have increased, tempering the odds of crop damage.”
Setzer said the bottom line was crops look good where they’ve been seeded, “Next Monday’s progress report will show us how much corn planting was completed before the final plant date, and possibly a better indication if farmers will opt for payments rather than production.”
July wheat markets started the day weaker. CBOT wheat was down 2¼¢ at $5.43¼ per bushel. KC wheat dropped 5½¢ at $5.37 per bushel. Minneapolis wheat decreased 2¼¢ at $6.23 per bushel.
August live cattle were down 50¢ at $216.32 per hundredweight (cwt). August feeder cattle fell $1.00 at $308.15 per cwt. July lean hogs were $1.42 stronger at $106.22 per cwt.
June crude oil was up 91¢ at $64.28 per barrel.
June S&P 500 futures were up 70 points. June Dow jumped 544 points.
The June U.S. Dollar Index was up 441 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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