Morning Grain Markets May 9, 2025

July corn finally showed signs of life yesterday after relentless selling had it testing the lowest value seen for the contract since early December. Wheat tried to trade higher but again failed, settling near contract lows. Soybeans were stronger though as the US is competitive into the world market out into August, with strength seen in the interior.

At the end of the session, July corn was 2 lower but a nickel off its lows. The December board was down 2 as well. July beans were up 4 on the day, with the November board finishing 3 higher. Chicago and Kansas City markets both lost a nickel during the session, while the Minneapolis contract ended 2 lower.