Grain Futures Mostly Lower Livestock Prices Mixed Chicago Board

Grain futures showed a mixed but generally lower trend on the Chicago Board of Trade in early September 2025, with December corn prices fluctuating around $4.17 to $4.21 per bushel and wheat prices declining slightly. Soybean prices exhibited modest gains, trading between $10.25 and $10.35 per bushel, while oats mostly declined or saw minor increases depending on the day. Livestock markets were mixed, with live cattle and feeder cattle prices varying, and hog prices showing some gains. Despite some declines in crop ratings heading into harvest, conditions remain historically strong, and trade is expected to remain range-bound. Export inspections for corn and soybeans were solid, supporting recent price recoveries, although wheat inspections fell due to larger global crop forecasts. Additionally, Russian wheat production forecasts were raised due to strong regional yields, and a recent frost in parts of the Red River Valley is being assessed but is not expected to significantly impact the overall crop size.