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CBOT Trends-Wheat up 4-5 cents, corn up 3-5, soybeans up 1-4

ReutersJul 14, 2025 1:20 PM

- The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Monday.

WHEAT - Up 4 to 5 cents per bushel

  • CBOT wheat firms from overnight lows on short covering and bargain buying. Rising supplies from an accelerating winter crop harvest limited gains.

  • CBOT September soft red winter wheat WU25 was last up 4 cents at $5.49 per bushel. K.C. September hard red winter wheat KWU25 was last 6-1/4 cents higher at $5.30-1/2 per bushel. Minneapolis September wheat MWEU25 was last up 2-3/4 cents to $6.16-1/2 a bushel.

CORN - Up 3 to 5 cents per bushel

  • Corn higher on short covering and bargain buying after sinking to fresh contract lows in overnight trading. Favorable U.S. crop weather and tariff worries capped gains.

  • U.S. President Donald Trump stepped up his trade war over the weekend with threats to impose 30% duties on most imports from the EU and Mexico from next month.

  • CBOT December corn CU25 was last up 3-3/4 cents at $4.16 per bushel.

SOYBEANS - Up 1 to 4 cents per bushel

  • Soybeans firm on short covering and bargain buying after dipping to multi-month lows in overnight trading. Favorable U.S. crop weather and tariff worries capped gains.

  • China's soybean imports last month hit a June record, a Reuters calculation of customs data showed on Monday, driven by a surge in shipments from top supplier Brazil.

  • The National Oilseed Processors Association is due to release June soy crush data on Tuesday. Analysts polled by Reuters expect the crush to hit a June record of 185.195 million bushels. Soyoil stocks were seen about unchanged from the prior month at 1.374 billion pounds.

  • CBOT November soybeans SX25 were last up 3-1/4 cents at $10.10-1/2 per bushel.

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