Afternoon Grain Comments 05-23-25- Tariffs being the headline today. StoneX reported, “Trump issued a threat of 50% tariffs on the EU. The tariffs aren’t in place, just the tariffs threatened, and the EU has until June 1st to respond. The US Budget Bill made no headway today, and that left the market with no fresh news beyond what is driving production in the US Midwest. Soybean plantings are relatively unhindered and should generate an above-average number on Tuesday.” US corn G/E ratings are expected to be good or better than average. The trade is not expecting much planting delay for soybeans and corn. StoneX stating that wheat harvest has started in Texas, yields being seen around 40-50 bushels per acre. Rainfall is expected in parts of Texas and Oklahoma over the next week which could delay harvest. At the close, cash wheat was 3 cents higher, milo was 2 cents higher, corn was 3 cents lower and soybeans were 8 cents lower. Have a great weekend!
Morning Grain Comments 5-23-2025 – There isn’t a lot of news this morning as we head into the three-day weekend. The soybean market seemed to be weighing down the grains after trading over a nickel higher at one point in the session but traded 11 cents lower as well. The StoneX Quick Editorial (QE) this morning stated “enthusiasm for this week’s grain rebound seems to have fizzled a bit, at least for now, given a slower overnight sessions and values hanging just slightly on the low side; this afternoon’s CFTC Reports will be closely watched by the trade to see what direction the spec fund money is pointing...” In world grain trade news, MFIG in Taiwan has tendered for up to 2.6 million bushels of corn from South Africa, South America or the U.S. At the end of the night session, Kansas City July wheat was 1.25 cents lower, Chicago July corn was down 3.5 cents, and Chicago July soybeans were 8 cents lower. Have wonderful day and holiday weekend.
Welcome to the Sublette Cooperative, Inc. website. If you have ideas on information you would like to see on the website, let us know. To contact us call our main office phone number 620-675-2297 or click on "contact us" above for a listing of our telephone numbers.
Futures
@C - CORN - CBOT
Month
Open
High
Low
Last
Change
Close
Time
More
Jul 25
462'6
464'4
455'0
459'0
-3'4
459'4s
05/23
Sep 25
440'4
442'2
435'2
437'0
-3'2
437'6s
05/23
Dec 25
453'0
454'4
448'0
450'0
-2'4
450'6s
05/23
Mar 26
467'0
469'0
463'0
465'0
-2'2
465'6s
05/23
May 26
476'0
477'2
471'6
473'4
-2'2
474'2s
05/23
Jul 26
480'6
481'2
476'4
477'6
-1'6
479'0s
05/23
Sep 26
463'6
464'0
461'4
462'0
-2'2
463'0s
05/23
Dec 26
466'6
467'6
465'0
466'0
-1'0
466'6s
05/23
@KW - HARD RED WINTER WHEAT - CBOT
Month
Open
High
Low
Last
Change
Close
Time
More
Jul 25
539'0
543'4
533'4
538'6
-1'2
538'6s
05/23
Sep 25
555'4
558'2
548'4
553'6
-1'2
553'6s
05/23
Dec 25
578'2
580'4
571'0
576'2
-0'6
576'4s
05/23
Mar 26
597'4
599'6
590'4
596'0
-0'6
596'0s
05/23
May 26
607'4
610'0
601'6
607'0
-0'6
606'4s
05/23
Jul 26
613'6
615'4
609'4
612'4
-0'2
613'4s
05/23
Sep 26
606'6
0'0
624'2s
05/23
Dec 26
617'0
0'2
640'4s
05/23
@S - SOYBEANS - CBOT
Month
Open
High
Low
Last
Change
Close
Time
More
Jul 25
1071'0
1073'2
1055'4
1060'6
-7'2
1060'2s
05/23
Aug 25
1065'4
1068'0
1051'4
1056'0
-6'4
1056'0s
05/23
Sep 25
1049'6
1051'6
1037'2
1042'0
-5'0
1041'6s
05/23
Nov 25
1058'2
1060'2
1045'4
1050'6
-4'6
1050'4s
05/23
Jan 26
1071'0
1072'4
1058'0
1063'6
-3'6
1063'6s
05/23
Mar 26
1075'0
1078'6
1065'2
1070'4
-3'2
1071'0s
05/23
May 26
1082'2
1087'0
1073'4
1079'0
-2'6
1079'4s
05/23
Jul 26
1094'4
1094'6
1081'4
1087'6
-2'6
1087'4s
05/23
@LE - LIVE CATTLE - CME
Month
Open
High
Low
Last
Change
Close
Time
More
Jun 25
215.000
216.000
214.875
215.900
0.175
215.800s
05/23
Aug 25
209.750
210.925
209.650
210.475
- 0.050
210.450s
05/23
Oct 25
207.550
208.550
207.500
208.175
- 0.125
208.100s
05/23
Dec 25
207.775
209.000
207.725
208.750
0.225
208.700s
05/23
Feb 26
208.150
209.175
207.850
208.925
0.425
208.925s
05/23
@GF - FEEDER CATTLE - CME
Month
Open
High
Low
Last
Change
Close
Time
More
Aug 25
298.700
301.125
298.675
300.500
0.600
300.375s
05/23
Sep 25
297.700
300.125
297.700
299.600
0.725
299.350s
05/23
Oct 25
295.675
298.100
295.525
297.475
0.900
297.350s
05/23
Nov 25
293.000
295.500
293.000
295.000
1.000
294.900s
05/23
Jan 26
287.800
290.425
287.800
289.875
1.100
289.900s
05/23
My Custom Markets
Symbol
Open
High
Low
Last
Change
Close
Time
More
Map
This Day In History
May 24, 1922
Record temperature in Netherlands for May (35.6 C)
"A computer terminal is not some clunky old television with a typewriter in front of it. It is an interface where the mind and body can connect with the universe and move bits of it about."