Corn Down Slightly | Thursday, July 17, 2025

As of 9:05 a.m. CT, December corn was down less than a penny at $4.23½ per bushel.

November soybeans were up less than a penny at $10.20¾ per bushel.

September CBOT wheat was down 3½¢ at $5.37¾ per bushel. September KC wheat was down a penny at $5.21¾ per bushel. September Minneapolis wheat was down 2¢ at $5.97½. 

This morning, Naomi Blohm, senior market advisor at Total Farm Marketing, discussed a corn pollination issue: “For corn, [there is] news of potential pollination issues in some locations. ‘Tight tassel wrap’ has seemed to make traders put a pause on the sell button until more is known regarding the scope of this issue. It’s not bullish news yet, but it’s enough to make traders say, ‘Let’s pause on the heavy selling, give it a couple weeks until we know more, and get a better understanding of yield potential.'”

USDA released the weekly U.S. Export Sales report this morning. The Brock Report said net corn sales were pegged below trade expectations while net soybean and wheat sales were within their expected ranges.

As of 9:06 a.m. CT, October live cattle were down 50¢ at $220.25 per hundredweight (cwt). August feeder cattle were down 35¢ at $325.23 per cwt. October lean hogs were up 68¢ at $89.38 per cwt.

September crude oil was up 10¢ at $65.29 per barrel.

The U.S. Dollar Index September contract was up to 98.49.

As of 9:02 a.m. CT, the S&P 500 Index was up 18.43 points and the Dow Jones Industrial Average was up 163.42 points. 

Published: 9:36 a.m. CT