:max_bytes(150000):strip_icc()/100409181_beef_cattle-041f8c6cd1eb4b47b2f421f13e288c82.jpg "U.S. July Cattle Herd Smallest Since 1973")
:max_bytes(150000):strip_icc()/IMG_8988-scaled-e1752941730478-2048x1351-961609cd4d8440daa2d2ebda8ef2e480.jpeg "$700M Soybean Crushing Operation to Start in Nebraska’s David City by Late August")
:max_bytes(150000):strip_icc()/eddyville-qore-2048x1536-96b043e301e24d9ea397683878b0ca5a.jpg "Cargill Expands Eddyville Plant to Produce a Bio-Based Alternative to Petroleum Materials")
:max_bytes(150000):strip_icc()/Markets-6-Corn-down-3-a2bcd4ba01644e2cba707afdb7b12d5e.jpeg "Corn Closes Down | Thursday, June 26, 2025")
September corn ended the day down a penny at $4.04 per bushel.
November soybeans closed down 2¢ at $10.16½ per bushel.
September wheat contracts also ended the day lower. CBOT wheat was down 7¾¢ at $5.36¾ per bushel. KC wheat was down 5½¢ at $5.33¾. Minneapolis wheat was down 2½¢ at $6.25½.
“Traders continued to shore up positions and move to the sidelines until we get past next Monday’s expected volatility,” said Karl Setzer, partner at Consus Ag Consulting. Next Monday, USDA is expected to release the annual Acreage report as well as the June Grain Stocks report.
“History shows us it is not uncommon to see limit-sized price moves following the release of the June stocks and acreage reports,” Setzer said. “Next Monday is also first notice day on July contracts along with month and quarter end. Positioning ahead of all of these events has driven market action this week rather than current fundamentals.”
August livestock closed mixed. Live cattle ended the day up 23¢ at $209.20 per hundredweight (cwt). Feeder cattle closed up $1 at $303.30 per cwt. Lean hogs were down 98¢ at $110.25 per cwt.
Published: 3:30 p.m. CT
Corn Up Slightly: 9:19 a.m. CT
As of 8:42 a.m. CT, September corn was up less than a penny at $4.05¾ per bushel.
November soybeans were down 2¢ at $10.16½ per bushel.
September wheat contracts were also lower. CBOT wheat was down 2½¢ at $5.42 per bushel. KC wheat was down 2¢ at $5.37¼. Minneapolis wheat was down 6¾¢ at $6.21¼.
This morning, USDA announced Egypt is buying 110,000 metric tons of soybeans for the 2024/2025 marketing year.
Not long past 8:40 a.m. CT, August livestock were mixed. Live cattle were down 15¢ at $208.83 per hundredweight (cwt). Feeder cattle were up 40¢ at $302.70 per cwt. Lean hogs were down 8¢ at $111.15 per cwt.
August crude oil was up 60¢ at $65.52 per barrel.
The U.S. Dollar Index September contract was down to 96.84.
September S&P 500 futures were up 18 points. September Dow futures were up 233 points.
Published: 9:19 a.m. CT
:max_bytes(150000):strip_icc()/Corn-money-dry-green-e9c2a7a7a93a42928d06c95377f2761c.jpeg "3 Big Things Today, July 24, 2025")
:max_bytes(150000):strip_icc()/50028573847_e980d495b4_o-6625ede4b02740578e9bfb98936e4112.jpeg "Drought Conditions Improve as Corn Belt Sees Up to 10 Inches of Rain")
:max_bytes(150000):strip_icc()/52513708671_2a6075fabe_o-fd1bf009dced4801b7f81702a5ed15e7.jpeg "USDA Shakeup, Skinny Farm Bill, and Broadband: Rural Policy in Focus")