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.
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