Weaker Session in Grains. Friday, Feb. 21, 2025
Just before 9:00 a.m. CT, May corn was down 3¼¢ at $5.09½ per bushel.
May soybeans were 5¾¢ weaker at $10.57¼ per bushel.
“We had the [USDA] export sales report, that was decent. I think we’re just taking a little money off of the table ahead of the weekend,” Lead Analyst at Brugler Marketing and Management Austin Schroeder said, adding the markets were a little weaker starting off the trading day, “On the wheat side, we’re struggling over there. Exports were struggling over there.”
May wheat contracts saw some upward movement. CBOT wheat was 2¾¢ higher at $6.03 per bushel. KC wheat was 2¾¢ up at $6.22¾ per bushel. Minneapolis wheat was 2¼¢ in the green at $6.50 per bushel.
April live cattle were up 17¢ at $193.97 per hundredweight (cwt). March feeder cattle were 90¢ higher at $267.72 per cwt. April lean hogs fell 10¢ at $88.42 per cwt.
April crude oil was down $1.09 at $71.39 per barrel.
March S&P 500 futures were down 12 points. March Dow futures dropped 302 points.
The March U.S. Dollar Index was up 106 points.
Further development of the grain sector in the Black Sea and Danube region will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.
Join strategic discussions and networking with industry leaders!
Read also
Strengthening trade relations with Ukraine and MERCOSUR could be beneficial for Eu...
ISO forecasts wider global sugar deficit in MY 2024/25
China to impose extra tariffs of 10-15% on various US imports from March 10
Welcome to BLACK SEA GRAIN.KYIV – premiere agribusiness event, April 24
Ukrainian agricultural exports hit a seasonal low in January
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon