tradingkey.logo

CBOT Trends-Soybeans up 2-4 cents, corn mixed, wheat steady-up 1 cent

ReutersOct 7, 2025 1:21 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 Tuesday.

NOTE: The U.S. government remains shut down, suspending many government reports.

WHEAT - Steady to up 1 cent per bushel

  • CBOT wheat Wv1 held roughly steady in early moves, supported by short-covering and signs of global export demand, with Saudi Arabia booking 455,000 metric tons on Monday. However, ample global grain supplies hang over the market, capping rallies.

  • The 2026 U.S. winter wheat crop was 50% planted by Sunday, according to analysts, though weekly U.S. Department of Agriculture data was not published on Monday due to the government shutdown.

  • Bangladesh approved the purchase of about 220,000 metric tons of U.S. wheat under a government-to-government deal aimed at easing trade tensions with Washington.

  • CBOT December soft red winter wheat WZ25 was last up 3/4 cent at $5.13-1/2 per bushel. K.C. December hard red winter wheat KWZ25 was last up 1-1/4 cents at $4.96-3/4 a bushel and Minneapolis December wheat MWEZ25 last traded unchanged at $5.56-1/2 per bushel.

CORN - Mixed, up 1/2 cent to down 1/2 cent per bushel

  • Corn futures were hovering near unchanged levels at the daily pause in trade as market players await fresh direction. Showers were crossing the eastern half of the U.S. Corn Belt early on Tuesday, slowing field work after a busy harvest weekend in the region.

  • The U.S. corn harvest was 29% complete by Sunday, according to analysts, though the USDA's weekly progress report was not published on Monday due to the government shutdown.

  • CBOT December corn CZ25 was last up 1/2 cent at $4.22-1/4 per bushel.

SOYBEANS - Up 2 to 4 cents per bushel

  • Soybean futures firmed in early moves as traders monitored U.S. harvest progress and Brazilian planting along with developments in a U.S.-China trade battle.

  • The administration of U.S. President Donald Trump is set to announce a plan this week worth as much as $15 billion to bail out U.S. farmers hurt by the trade tensions.

  • China, the world's biggest soy importer, has shunned U.S. soybeans amid a trade war with Washington, turning instead to bumper crops from South America.

  • CBOT November soybeans SX25 were last up 3-3/4 cents at $10.21-1/2 per bushel.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI