August 25, 2025 | 18:26 GMT +7
August 25, 2025 | 18:26 GMT +7
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On Thursday, the CME Group's farm markets closed lower.
At the close, the July corn futures settled 11¢ lower at $6.53. New crop September futures finished 1 3/4¢ lower at $5.49 1/4. December corn futures closed 1/2¢ higher at $5.36.
July soybean futures closed 13¢ lower at $13.71.
August soybean futures settled 12¢ lower at $13.34. New crop November soybean futures finished 8 1/2¢ lower at $12.91.
Sept. wheat futures closed 11 3/4¢ lower at $6.52.
Aug. soymeal futures closed $8.60 per short ton lower at $345.90.
July soy oil futures finished $0.60 higher at 61.27¢ per pound.
In the outside markets, the NYMEX crude oil market is +0.11 higher (+0.15%) at $73.19. The U.S. dollar is lower, and the Dow Jones Industrials are 337 points higher (+1.00%) at 34,211 points.
Jack Scoville, PRICE Futures Group, says that soybeans and wheat are under pressure due to reduced export sales and the weather.
"Forecasts calling for good rains in the Midwest and OK harvest conditions in the Great Plains. Minneapolis holding better as dry weather continues in the northern Plains and into Canada. Not sure why corn is up but it had gotten oversold and the crop is still far from made. Same for beans, they are getting oversold and the crop is far from made, but the beans cash market seems weaker and the corn cash market seems firm," Scoville says.
(SF)
(VAN) This exchange is part of a broader initiative to strengthen South-South cooperation between Vietnam and Senegal, which focuses on improving soil health, enhancing climate change resilience, and ensuring food security.
(VAN) Authorities have strengthened disease control in livestock and poultry to ensure a safe and stable food supply for the market at the end of the year.
(VAN) Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son chaired the first meeting of the National Committee for APEC 2027 at the Government Headquarters this week.
(VAN) Senegal needs effective solutions for selecting new varieties, along with appropriate policies to attract the private sector into production development.
(VAN) The A4P initiative has demonstrated its efficacy in rehabilitating degraded soils after several years of pilot in the northern mountains of Vietnam, thereby leaving a significant impact on the global landscape of agricultural transformation.
(VAN) The forestry and biodiversity sector is focusing on finalizing strategies for management, human resources policies, sustainable development, and forest protection for future generations.
(VAN) Monitoring and evaluating climate change adaptation activities requires a robust legal framework, comprehensive scientific data, and a highly skilled workforce.