Soybeans Open Up 14¢ | Friday, July 18, 2025

Just after 9 a.m. CT, December corn was up 7¾¢ at $4.28¾ per bushel.

November soybeans were up 14¢ at $10.40½ per bushel.

Karl Setzer, partner with Consus Ag Consulting said, “Sizable gains are being shown [Friday] morning with the soy complex leading the charge higher. Soybeans are benefiting from short covering and the addition of risk premium. Immediate weather is mostly favorable across the U.S., but more forecasts are adding heat going into August which is when we see more of an impact on soybean development.”

Setzer added, “Corn and wheat are also firmer this morning with short covering providing support. We are hearing some issues with corn pollination this year, and while not widespread, same as with soybeans it is enough to chip away at yields and crop size.”

The wheat markets were mostly higher in the morning. September CBOT wheat was up 15¢ at $5.48½ per bushel. September KC wheat was 15½¢ stronger at $5.33 per bushel. September Minneapolis wheat fell ¼¢ at $5.78 per bushel.

October live cattle were down 12¢ at $220.20 per hundredweight (cwt). August feeder cattle were 55¢ weaker at $324.45 per cwt. October lean hogs were up 5¢ at $90.65 per cwt.

September crude oil was up 74¢ at $66.97 per barrel.

September S&P 500 futures were up 2 points. September Dow decreased 143 points.

The September U.S. Dollar Index was down 591 points.

Published: 9:30 a.m. CT