Morning Grain Markets April 11, 2025--With Audio
The USDA finally made an adjustment to US corn exports, taking ending stocks down more than expected and sending prices to the highest level seen since the end of February. Soybeans saw some positive news with a slight reduction in their ending stocks outlook, while wheat got a surprise bump in its carryout on the back of reduced exports.
At the end of the session, May corn was 9 higher, with the December board up 4. May soybeans were up 16, with the November board ending its session 8 higher. Chicago wheat finished its day down 2, while Kansas City ended 7 lower, with the Minneapolis market down 3.
Keep reading with a 7-day free trial
Subscribe to Consus Consensus to keep reading this post and get 7 days of free access to the full post archives.