Soybeans Start 16¢ Higher. Monday, May 12, 2025
Just after 9:00 a.m. CT, July corn was up 2¾¢ at $4.52½ per bushel.
July soybeans were 16½¢ higher at $10.68¼ per bushel.
“Row crops looking very, very solid. Getting a nice, knee-jerk reaction based on tariffs being lowered with China announced [Sunday] afternoon.” Jamey Kohake, senior risk manager with Pinion said, “[This is] really bringing the soy market up, pulling corn up with it.”
July wheat markets were mixed to start the week. CBOT wheat was up 3¢ at $5.21¼ per bushel. KC wheat was 3¾¢ more at $5.21¼ per bushel. Minneapolis wheat was down 1¢ at $5.92½ per bushel.
June live cattle were up $1.65 at $216.32 per hundredweight (cwt). August feeder cattle jumped $3.60 at $303.90 per cwt. June lean hogs were $1.55 higher at $99.12 per cwt.
June crude oil was up $1.87 at $62.89 per barrel.
June S&P 500 futures were up 148 points. June Dow futures increased 1005 points.
The June U.S. Dollar Index jumped 1227 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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