Soybean and Wheat Export Inspections Drop, Corn Rises

Soybean and Wheat Export Inspections Drop, Corn Rises

Price ranges for corn gluten meal remained relatively stable throughout the day. However, there were reports on corn gluten feed that led to a decline in Illinois, Iowa, and Chicago rail prices. Market participants noted that the market is still on the defensive end and is moving lower as corn continues to weaken.

Most CME grain prices showed a downward trend on Wednesday. The only grain price that increased was March wheat, which rose $0.005 and closed at $5.83/bu. March soybeans decreased $0.1825 and settled at $11.60/bu. Additionally, March soymeal dropped $5.60 and closed at $342.00/st, while March corn fell $0.0775 to $4.11/bu. Corn prices faced a technical setback, closing at a three-year low. Meanwhile, soybean prices suffered double-digit losses due to a round of technical selling. However, the expectation of large crop supplies for the upcoming year continues to keep any momentum in the grain market.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

Membership required to view content.


...

Membership is required to vi...

06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

Membership required to view content.


Membership required to view content.


Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

Latest Tweets