Soybeans Up 15¢. Tuesday, Jan. 21, 2025
Just ahead of 9 a.m. CT, March corn was down less than a penny.
March soybeans were up 15¢.
March wheat contracts were also higher. CBOT wheat was up 13¾¢. KC wheat was up 13¢. Minneapolis wheat was up 8¾¢.
“Grain and soybean futures mostly extended gains in early trading after President Trump held off issuing any executive orders for new tariffs on his first day in office,” said The Brock Report of the overnight session. “A weaker dollar has contributed to the gains, while corn and soybean futures have also found support from renewed concerns about crop conditions in Argentina after weekend rains provided only limited relief across much of that country’s main crop belt.”
April live cattle were up 25¢ ahead of the 9 a.m. CT hour. March feeder cattle were up $1.18. April lean hogs were up 68¢.
March crude oil was down $1.44.
The U.S. Dollar Index March contract was down to 108.20.
March S&P 500 futures were up 27 points. March Dow futures were up 273 points.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Official Release – December 17th! Crop & Price Navigator 2026/27
Analysts CoBank believe that commodity prices have already passed cyclical lows
Market doubts China’s ability to meet commitments on US soybean purchases
New EU crop forecasts for 2026
Palm oil exports from Malaysia fell by 16% in December
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon