Friday, October 10, 2025 — Chicago grain futures finished lower across the board as harvest pressure and softer outside markets weighed on sentiment. December corn (ZCZ25) settled at 413-0 (about $4.13/bu), down 5 1/4¢ on the day. November soybeans (ZSX25) ended at 1006-6 (roughly $10.07/bu), down 15 1/2¢, as traders priced in steady harvest progress and cautious export demand. Soft red winter wheat for December (ZWZ25) closed at 498-4 (about $4.99/bu), off 8¢, with the complex tracking weaker momentum and ample global supplies. December soybean meal (ZMZ25) slipped to $275.0/short ton, down $1.90, mirroring bean weakness as crushers reassessed margins.
With combines rolling and forecasts generally favorable across the Midwest, near-term direction will hinge on updated yield reports, weekly export sales, and moves in related vegoil and energy markets. Traders also note that currency swings and global wheat competitiveness remain important wildcards. Into next week, the focus stays on pace of harvest, basis behavior, and whether end-user demand emerges on the break.
