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May 27, 2025
In the News
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 WEEKLY COMMODITY HIGHLIGHTS
Nearby
Futures | Weekly
Change | Friday's
Close | Year
Ago |
| Corn | +0.1600 | 4.5950 | 4.6400 |
| Soybeans | +0.1025 | 10.6025 | 12.3925 |
| Wheat | +0.1750 | 5.4250 | 6.9800 |
| Cattle | +3.58 | 215.80 | 183.53 |
| Hogs | -2.05 | 98.30 | 94.525 |
| Cotton | +1.22 | 66.11 | 81.72 |
| Milk | +0.00 | 18.58 | 18.57 |
| Crude Oil | -0.96 | 61.53 | 76.87 |
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Grain and oilseed futures were mostly higher on the week. Corn was underpinned by rising concerns about the soggy weather across the Lower Corn Belt and Mid-South that has persisted throughout the spring and disrupted planting and acreage expectations. Solid export demand is also a supportive factor. The soybean market had support from excessive rains and flooding in Argentina that disrupted the harvest and likely caused some crop losses, along with optimism about U.S. biofuels policy and the impact on renewable diesel demand. Wheat rallied amid technical buying and a slumping U.S. dollar, which fell in part on fresh tariff threats from President Trump, including toward the European Union. Some crop concerns in various spots around the world, including China, were also supportive for wheat, although global supplies still look comfortable. Rice and cotton futures were supported by crop concerns across the South due to the wet weather this spring. Crude oil futures remained under pressure due to demand concerns and OPEC plans to raise production.
In the livestock complex, live cattle and feeder cattle futures spent the week trying to climb out of the hole they dug the prior week under pressure from active speculative long liquidation. Futures made limited progress, though, and large bearish reversals off of contract highs remain solidly in place on price charts. Gains were limited by growing concerns about the U.S. debt and President Trump's trade threats against the European Union. Plains cash fed cattle markets were firm again, though. Traders were awaiting Friday afternoon's Cattle on Feed report, which ended up neutral versus market expectations. Lean hog futures spent most of the week retreating under pressure from speculative profit taking, some of which was likely pre-Memorial Day position evening. Front-end contracts also felt pressure from their premiums to cash.
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