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Soybean futures broke out of the recent sideways consolidation range.

Soybean futures broke out of the recent sideways consolidation range.

Lean hog futures ended the day near session highs after lower opens.

April 24, 2025

Soybeans continue to lead strength while corn saw corrective buying overnight.

Drought covers 33% of winter wheat, 26% of corn, 21% of soybeans and 49% of spring wheat.

During the week ended April 17, wheat notched net reductions, falling noticeably from the previous week, while soybean sales declined 50% and corn sales down 26%.

China says there are no tariff negotiations with Washington

Corn rebounded from recent losses and wheat traded mostly lower overnight.

Corn basis remains well below average.