3 Big Things Today, July 4, 2025

1. Grain, Soybean Trading Closed for Fourth of July

Grain and soybean trading is closed Friday for Independence Day. 

2. Weekly Corn Sales Drop, Soybeans Gain  

Sales of corn to overseas buyers plunged week to week while soybean sales increased, according to data from the U.S. Department of Agriculture. 

Corn sales in the seven days that ended on June 26 dropped to 532,700 metric tons, the agency said. That’s down 28% on a weekly basis and 37% from the prior four-week average. 

South Korea was the big buyer at 273,700 tons, followed by Mexico at 157,100 tons and Colombia at 148,900 tons. Vietnam bough 66,700 tons and Egypt was in for 59,100 tons. 

The total would’ve been higher but Spain canceled orders for 180,000 tons and an unnamed country nixed shipments of 164,800 tons, USDA said. 

Corn exports for the week totaled 1.47 million tons, unchanged week over week. 

Soybean sales, meanwhile, rose 15% to 462,400 metric tons, the government said. That’s also up 62% from the average for this time of year.

An unnamed country took 190,500 tons, Egypt purchased 165,000 tons, the United Kingdom was in for 66,000 tons, Tunisia bought 32,000 tons and Japan purchased 23,800 tons. 

Bangladesh canceled shipments of55,000 tons. 

Exports for the week fell 5% to 251,660 tons, USDA said. 

Wheat sales jumped to 586,000 metric tons from 255,200 tons the week prior, the agency said. 

The Philippines purchased 162,000 tons, Thailand was in for 60,000 tons, the Dominican Republic was in for 59,700 tons, Mexico bought 56,800 tons and Nigeria was in for 40,000 tons. 

Exports for the week totaled 553,500 tons, more than double the previous week’s 256,300 tons, USDA said in its report. 

3. Extreme Heat Expected in Minnesota, Wisconsin

Extreme heat warnings and heat advisories have been issued for much of northern Minnesota and counties in northwestern Wisconsin. 

Heat indexes will rise to 102 degrees Fahrenheit in the area this afternoon, the National Weather Service said in a report early this morning. Those working or playing outside should take precautions to avoid heat-related illnesses. 

The warnings will run from 11 a.m. through 8 p.m., the agency said. 

Indexes also are expected to reach triple digits in parts of the southern Plains. 

Values will rise to 105 degrees in parts of the Texas panhandle this afternoon, NWS said. Still, the region has chances for thunderstorms each day through Wednesday. 

“Chances are low for storms to become severe during this timeframe, but moderate chances for flooding are still present,” NWS said.