October 12, 2025 | 01:49 GMT +7
Hotline: 0913.378.918
October 12, 2025 | 01:49 GMT +7
Hotline: 0913.378.918
iStock: ablokhin
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) The World Health Organization (WHO) has launched an emergency response operation, delivering 852,000 water purification tablets to northern and central provinces severely affected by Typhoon Matmo or Typhoon No. 10.
(VAN) The Vietnam Veterinary Science and Technology Association held a thematic workshop titled 'Update on African Swine Fever - Biosecurity solutions for disease prevention.'
(VAN) Through innovative lessons, pedagogy students are gradually spreading disaster prevention and response skills to every student, every family, and every community.
(VAN) The infrastructure support project for high-quality rice areas will have special financial mechanisms to invest in irrigation works and technology transfer.
(VAN) Vice President Kaja Kallas acknowledged Vietnam’s significant progress in combating IUU and announced that an EU IUU inspection team will visit to conduct work in November 2025.
(VAN) Sponsored by UNIS Hanoi, the Gaia Earth installation will be open to the public from 29 October to 1 November.
(VAN) Acting Minister Tran Duc Thang received the Finnish Ambassador and agreed to promote the signing of a MoU on cooperation in environment and hydrometeorology on the occasion of General Secretary To Lam’s visit.
