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Story perspectives

Grains Dip, Cattle Prices Surge Amid Tariff Concerns

1/24/2025

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Story summary
  • March corn closed at $4.84¼ per bushel, down 5¾¢; March soybeans fell 11¼¢ to $10.56.
  • Wheat showed mixed results: CBOT down 4¾¢, KC slightly down, Minneapolis up 2¢.
  • April live cattle increased by $2.45 to $199.78; feeder cattle rose $5.83.
  • Tariff concerns on cattle imports from Mexico and Canada may affect supply.
  • March crude oil decreased by 41¢; S&P 500 and Dow futures saw gains.