Eddyville

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Market Commentary 04/28/2025

Corn ended the day lower, though it was higher than what it started out at thanks to pricing action on contract price and rolls and wetter weather maps for the week. Corn planting progress came in at 25% complete versus 24% last year and 22% for the 5-year average. Corn export inspections were slightly lower last week, but they are still 29% ahead of last year. Soybeans ended the day higher on old crop and slightly lower on new crop. Soybean planting progress was 18% versus 17% last year, and 12% for the 5-year average. Outside markets are quiet as stocks have regained almost all of their loses since the April 2nd tariff announcements. The trade is also waiting for more news on US and China trade talks. Corn and beans still seem to be stuck in a range as they wait for news to move them one direction or another. Planting seems to be at a standstill as fields are just starting to dry out ahead of some more rain chances. Live and Feeder Cattle closed higher as the cash trade last week set new all-time highs. Watch for sever weather tonight as there are good chances across a large portion of the Midwest. Have a good evening!

Have a price target in mind for your next sale? Using firm bid offers are a great way to capture volatility during the busy planting season!

** This communication has been prepared by Cargill, Incorporated.  The information in this communication does not constitute “investment service,” “investment advice,” or “financial product advice” as defined by laws and/or regulations in any jurisdiction, and the contents of this communication should not be construed as investment, legal or tax advice.  Each person should seek independent investment, legal and tax advice concerning the consequence of entering any transaction.