Chicago Grains Drift Lower Amid Quiet Trade

Market news
July 28, 2025
Chicago grain markets saw mixed action to start the week, with soybeans and corn continuing to weaken while wheat held mostly steady. Soybean futures led the declines across the board, shedding between 7 and 10 cents as the complex faced light demand and lack of fresh bullish input. The August 2025 contract settled at $9.88 3/4 per bushel, while November 2025 ended at $10.11 1/2. Corn futures also pulled back, posting losses of 3 to 5 3/4 cents, with the September 2025 contract closing at $3.93 3/4 and December at $4.13 1/4. Ample supplies and little weather-driven concern weighed on the tone. In contrast, wheat futures inched higher by just 1/4 to 1/2 cent across all contracts. September 2025 wheat finished at $5.38 1/2, as the market showed resilience despite broader softness in row crops. With trade relatively subdued, markets appear to be in a holding pattern ahead of more definitive supply-and-demand news.

Source: DePutter Publishing Ltd.

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