Daily Ag Direction 3/25/25
Tuesday's trade so far is a continuation of yesterday, with corn and beans staying with the rangebound theme and wheat continuing to be shorted by the funds. Despite the persistent hot/dry forecast for the southern plains and winter wheat crop condition ratings yesterday being less than stellar, perceived chances of stability in the Black Sea region and lack of additional bullish fuel has the funds continuing down the risk off path. On the row crop side, trade volume continues to dwindle as the market sits in hurry up and wait mode in anticipation of Monday's USDA report.
May corn is -6 at 4.58
Dec corn is -2.5 at 4.48
May beans are -2 at 10.05
Nov beans are +1 at 10.07
May KC wheat is -8 at 5.70
July KC wheat is -7.5 at 5.85
May Chi wheat is -5 at 5.43
July Chi wheat is -5 at 5.60
April feeder cattle are +.300 at 285.550
April live cattle are +1.05 at 206.950
If you have any questions, please reach out to your CEA Risk Management Advisor and have a great day!
Matt Hartwell (316) 617-0690
