:max_bytes(150000):strip_icc()/IconSportswireContributor-1242042950-5e6b9d53888d480da41183af9dfd1e2f.jpg "Brazil Chooses Local Relief Over Retaliation for U.S. Tariffs, Sources Say")
:max_bytes(150000):strip_icc()/Tarspot-AdamSissonIMG_7116copy-63ecaa28614042069b4961f0186d58dc.jpg "13 of 18 Top Corn-Growing States Confirm Tar Spot Infected Crops")
:max_bytes(150000):strip_icc()/corn-Candlestick-down-3537219fa4cd41d3b0e7e1af8f897125.jpeg "Grains Start Day Weaker | Thursday, June 5, 2025")
Just after 9:00 a.m. CT, July corn was down 4¾¢ at $4.34 per bushel.
July soybeans were 3½¢ lower at $10.41½ per bushel.
“Fresh news is extremely light this morning and the markets are reflecting it. ” Karl Setzer, partner with Consus Ag Consulting said, “We are seeing models calling for a ridge to set up across the US which typically bring warm, dry conditions. While these can impact crop production, it is rather early to be a major threat as this time. Still, any loss of production puts the corn inventory closer to rationing and drops soybeans further into a rationing position.
July wheat markets started the day in the red. CBOT wheat was down 1½¢ at $5.41¾ per bushel. KC wheat was 1½¢ weaker at $5.39 per bushel. Minneapolis wheat dropped 3¾¢ at $6.19¾ per bushel.
June live cattle were up $1.85 at $214.20 per hundredweight (cwt). August feeder cattle increased $2.52 at $306.40 per cwt. June lean hogs were 97¢ weaker at $104.05 per cwt.
June crude oil was up 78¢ at $63.63 per barrel.
June S&P 500 futures were down 16 points. June Dow fell 155 points.
The June U.S. Dollar Index was down 265 points.
Published: 9:35 a.m. CT
:max_bytes(150000):strip_icc()/soybeans_usb-2-2000-f3cbf2d5ad334bbca68c6fb09087a9cd.jpg "New-Crop U.S. Soybean Export Sales at 20-Year Low")
:max_bytes(150000):strip_icc()/51305307021_058e52eae7_o-f4219e56f1fc4ccf90b758a211b094f9.jpg "Corn Condition Steady, Spring Wheat Hits Four-Week Low")