US corn, spring wheat planting progress surge week on week

US corn, spring wheat planting progress surge week on week

Grain prices on the Chicago Mercantile Exchange (CME) mostly fell on Tuesday April 30, except for May corn, which rose by $0.0025 per bushel to close at $4.39 per bushel.

May soybeans decreased by $0.1525 per bushel, settling at $11.45 per bushel, and May soymeal dropped by $2.00 per short ton to $346.30 per ton.

Meanwhile, May wheat fell by $0.0525 per bushel to $5.85 per bushel.

Corn prices showed minimal gains, while wheat prices dropped for the second consecutive session due to another round of technical selling. Soybean prices showed double-digit losses following a round of technical selling, influenced by South American harvest progress.

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