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August 25, 2025
In the News
The next issue of Agri Marketing magazine will feature an update on farm broadcasting. To schedule your ad, contact Audrey Evans at AudreyE@AgriMarketing.com
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 WEEKLY COMMODITY HIGHLIGHTS
Nearby
Futures | Weekly
Change | Friday's
Close | Year
Ago |
| Corn | +0.0450 | 3.8825 | 3.6775 |
| Soybeans | +0.1425 | 10.3650 | 9.5200 |
| Wheat | -0.0175 | 5.0475 | 5.0225 |
| Cattle | +3.7000 | 239.95 | 182.575 |
| Hogs | +1.1000 | 91.20 | 80.55 |
| Cotton | +0.33 | 66.43 | 71.29 |
| Milk | +0.00 | 17.39 | 20.66 |
| Crude Oil | +0.86 | 63.66 | 74.83 |
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Corn and soybean futures were up on the week, fueled by technical buying and short-covering, along with strong corn export demand and uncertainty about crop potential. Soybeans showed strength throughout the week, as the market continued to be underpinned by the August USDA crop report and its big cut to soybean acreage. Some concern about dryness in parts of the Midwest also provided some support. The ongoing absence of China as a soybean buyer remains a negative factor. Corn was underpinned by the soybeans and by more export sales, reinforcing the notion that cheaper prices is stimulating demand. Meanwhile the annual Pro Farmer Midwest crop tour found strong corn and soybean crops, but the sentiment was that yields would fall short of USDA's August estimates, particularly in the case of corn. Wheat posted a small weekly loss and made new contract lows, although both Chicago and Kansas City futures posted bullish daily reversals higher at mid-week. The cotton market finally showed some life. Rice futures however plummeted, making a new five-year low. The crude oil market was firm, and the stock market surged on Friday after remarks from Fed Chair Jerome Powell appeared to point to a Fed interest rate cut in September.
In the livestock complex, live cattle and feeder cattle both surged yet again to new contract highs and an all-time high in the front-month contract. The monthly Cattle on Feed report showed total feedlot inventories at 98.0% of a year ago, right in line with expectations. Placements at 94.0% of a year ago were up from an average analyst estimate of 91.1%. Lean hog futures were supported by their wide discounts to cash, even as the CME cash lean hog index showed signs of seasonal weakness. Further sharp gains in cattle futures also lent support.
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