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Market Shifts: Corn Rises, Oil Drops Amid Tornadoes

7/1/2025

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Story summary
  • September corn increased by 0.5 cents; November soybeans rose by 12.75 cents.
  • The Dow Jones climbed 215.68 points, while the U.S. Dollar Index declined by 0.370.
  • August crude oil fell by $0.74 per barrel; gold prices increased by $12.80 per ounce.
  • Northern Plains experienced heavy rain and tornadoes, but a warmer, drier pattern is anticipated.
  • Livestock prices varied, with live cattle prices rising and lean hogs decreasing.