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As of 8:45 a.m. CT, July corn was down 3¾¢ at $4.57¼ per bushel.
July soybeans were up less than a penny at $10.63½ per bushel.
July wheat contracts were lower. CBOT wheat was down 5¼¢ at $5.44 per bushel. KC wheat was down 3¾¢ at $5.36¾. Minneapolis wheat was down 3¼¢ at $6.01.
“The grain and oilseed markets saw several days of good gains, but now we’re seeing some sellers challenging that strength,” said Arlan Suderman, chief commodities economist at StoneX. “A three-day weekend approaches, with the markets closed on Monday for the Memorial Day holiday. The headlines will no doubt continue to flow. June will soon be upon us, when corn and soybean traders will increasingly focus on Midwest weather forecasts.”
August live cattle were up $1.18 at $209.83 per hundredweight (cwt) as of 8:46 a.m. CT. August feeder cattle were up $1.80 at $298.23 per cwt. July lean hogs were up 15¢ at $102.68 per cwt.
July crude oil was down 89¢ at $60.68 per barrel.
The U.S. Dollar Index June contract was up to 99.77.
June S&P 500 futures were down 5 points. June Dow futures were down 23 points.
Published: 9:39 a.m. CT
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