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Story perspectives

Grain Prices Tumble Amid Weather and Economic Pressures

5/2/2025

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Summary

Story summary

July corn decreased by 13¢, closing at $4.70¼ per bushel; July soybeans dropped 9¾¢ to $10.52¾.
Wheat contracts fell, with CBOT wheat down 5½¢ at $5.25½.
Favorable weather and economic pressures influenced the negative trading trend.
June live cattle rose 60¢ to $210.20 per cwt, while June lean hogs fell $1.55 to $99.45.
Crude oil prices declined, and the U.S. Dollar Index increased.

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Story summary

July corn decreased by 13¢, closing at $4.70¼ per bushel; July soybeans dropped 9¾¢ to $10.52¾.
Wheat contracts fell, with CBOT wheat down 5½¢ at $5.25½.
Favorable weather and economic pressures influenced the negative trading trend.
June live cattle rose 60¢ to $210.20 per cwt, while June lean hogs fell $1.55 to $99.45.
Crude oil prices declined, and the U.S. Dollar Index increased.