3:05 PM: Good afternoon, this is Kluis Commodity Advisors with your closing grain comments for Wednesday, September 24, 2025.
To Do: We had no new recommendations today. We recommend keeping all offers in place.
What I think: The grains were slightly lower today in a choppy day of trade. We saw another large of corn to Mexico announced this morning and this was supportive early, but the grains slid lower throughout the session. The forecast for good harvest weather also applied pressure on a day of little news. The US dollar rose today as traders are rethinking future interest rate cuts, and this thinking had the stock market lower as well. Crude oil was up over $1 a barrel today on lower stockpiles in the US.
What to watch: Monitor the weekly Grain export sales report tomorrow morning.
Today’s markets:
December Corn: The trading range was 4 cents. The market closed down 2 cents at $4.24. The support for December Corn sits at $4.18 and resistance is $4.31.
November Soybeans: The trading range was 15 cents. The November contract closed down 3 cents at $10.09. Support is at $10.05 while resistance is up at $10.20.
December Wheat: The trading range was 5 cents. The Chicago market closed down 1 cent, Minneapolis was even, and KC was down 5 cents on the day. The support for Chicago wheat is $5.07 and resistance is $5.24.
Outside markets: The US dollar index at this time is up .60 points at 97.87, crude oil is up $1.40 per barrel at $64.81, the Dow is down 171 points at 46,121 and gold is down $54 an ounce at $3,768.
Livestock futures: Trading was lower today. At this time, December Hogs are down $2.60 at $88.12, December Cattle were down $1.92 at $236.82, and November Feeders were down $2.95 at $357.80.
We will have our next update by 6 am tomorrow morning.