Soybeans in the Red This Morning. Wednesday, Oct. 29, 2025
Ahead of 9 a.m. CT, December corn was up less than a penny at $4.32½ per bushel.
January soybeans were down 3½¢ at $10.91¾ per bushel.
December CBOT wheat was up 2¾¢ at $5.31¾ per bushel. December KC wheat was up 4¼¢ at $5.24¼ per bushel. December Minneapolis wheat was up 3¾¢ at $5.65½.
“Soybeans pulled back from recent strong gains overnight,” said the Commstock Report. “Corn and wheat futures pivoted around unchanged.
“China booked its first known cargoes of U.S. soybeans for 2025/2026 ahead of Thursday’s meeting between President Trump and Chinese leader Xi Jinping. Trump and Xi are expected to finalize a deal that will include ‘substantial’ soybean purchases by China, according to Treasury Secretary Scott Bessent.”
Ahead 9 a.m. CT, January feeder cattle were up $5.95 at $330.83 per hundredweight (cwt). December live cattle were up $3.93 at $230.50 per cwt. December lean hogs were up $1.08 at $81.90 per cwt.
December crude oil was up 20¢ at $60.35 per barrel.
The U.S. Dollar Index December contract was up to 98.65.
The S&P 500 Index was up 25.73 points, and the Dow Jones Industrial Average was up 300.22 points.
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