Soybeans Lower This Morning. Friday, May 30, 2025

Source:  Successful Farming

Ahead of 9 a.m. CT, July corn was unchanged at $4.47 per bushel.

July soybeans were down 3½¢ at $10.48¼ per bushel.

July wheat contracts were higher. CBOT wheat was up less than a penny at $5.34¾ per bushel. KC wheat was up 1¼¢ at $5.33. Minneapolis wheat was up 4½¢ at $6.20.

This morning, USDA announced unknown destinations are buying 210,560 metric tons of corn —145,560 metric tons for the 2024/2025 marketing year and 65,000 metric tons for the 2025/2026 marketing year.

Also this morning, USDA released the weekly U.S. Export Sales report. It was delayed a day because Monday was a holiday. The Brock Report described sales as “underwhelming for corn and a disappointment for soybeans.”

August live cattle were up 50¢ at $210.58 per hundredweight (cwt) ahead of 9 a.m. CT. August feeder cattle were up 83¢ at $300.75 per cwt. July lean hogs were up 33¢ at $103.30 per cwt.

July crude oil was down 71¢ at $60.23 per barrel.

The U.S. Dollar Index June contract was up to 99.57.

June S&P 500 futures were down 27 points. June Dow futures were down 34 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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