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.
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.
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