Trade Starts Week Mixed. Monday, May 19, 2025
Just after 9:00 a.m. CT, July corn was up 1¢ at $4.44½ per bushel.
July soybeans were 3¢ weaker at $10.47 per bushel.
“A correction from recent selling and mixed weather conditions for the U.S. crop are bringing buyers to the market to start.” Angie Setzer, partner with Consus Ag Consulting said, “Weather is also becoming more of an issue in China and the EU. Brazilian officials are stating rains will be needed soon as the safrinha crop is living on subsoil moisture. Hopes the U.S. will see additional trade deals this week are also supportive, although trade wants to see actual trade take place, not just promises to make deals.”
July wheat markets were stronger Monday morning. CBOT wheat was up 8¼¢ at $5.33¼ per bushel. KC wheat was 10¾¢ higher at $5.27¼ per bushel. Minneapolis wheat jumped 8½¢ at $5.81¾ per bushel.
June live cattle were up 97¢ at $207.72 per hundredweight (cwt). August feeder cattle jumped 55¢ at $298.15 per cwt. June lean hogs were 77¢ weaker at $103.40 per cwt.
June crude oil was down 13¢ at $61.84 per barrel.
June S&P 500 futures were down 23 points. June Dow dropped 22 points.
The June U.S. Dollar Index was down 691 points.
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