As of 8:36 a.m. CT, July corn was up 1½¢ at $4.36¼ per bushel.
July soybeans were down 1¼¢ at $10.68½ per bushel.
July CBOT wheat was up 9¢ at $5.45½ per bushel. September KC wheat was up 8¼¢ at $5.59. September Minneapolis wheat was up 1¼¢ at $6.37¼.
“As Friday’s options expiration approaches for the July grain contracts, futures prices often move toward strike prices with large open interest,” said Cole Raisbeck, commodities broker at Kluis Commodity Advisors. “Right now, there is significant open interest near the $4.50 and $4.40 calls, as well as the $4.40 and $4.30 puts, so I’m watching those strikes closely for potential market direction.”
This morning, USDA announced unknown destinations are buying 120,000 metric tons of soybean cake and meal for the 2025/2026 marketing year.
As of 8:36 a.m. CT, August crude oil was up $1.23 at $71.48 per barrel.
As of 8:37 a.m. CT, August livestock were mixed. Live cattle were down 85¢ at $214.70 per hundredweight (cwt). Feeder cattle were down $1.73 at $308.50 per cwt. Lean hogs were up 15¢ at $112.83 per cwt.
The U.S. Dollar Index September contract was up to 97.76.
June S&P 500 futures were down 25 points. June Dow futures were down 156 points.
Published: 9:19 a.m. CT