Grain and Livestock Futures Close on February 7, 2025

by Joy

Grain and livestock futures saw a mixed performance on February 7, 2025, with several key commodities showing declines while others saw small gains. Here’s a breakdown of the closing prices:

Grain Futures

Corn: March corn settled at $4.87 ½, down 7 ¾ cents.

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Soybeans: March soybeans closed at $10.49 ½, a decrease of 11 cents.

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Soybean Meal: March soybean meal ended at $301.40, down $5.00.

Soybean Oil: March soybean oil closed at 45.98, gaining 58 points.

Wheat: March wheat closed at $5.82 ¾, falling 5 cents.

Livestock Futures

Live Cattle: April live cattle ended at $196.77, remaining unchanged.

Feeder Cattle: March feeder cattle closed at $264.90, down 40 cents.

Lean Hogs: April lean hogs closed at $92.15, rising 40 cents.

Dairy and Other Commodities

Class III Milk: March Class III milk closed at $19.44, a drop of 62 cents.

Crude Oil: March crude oil settled at $71.00, up 39 cents.

Cotton: March cotton closed at 65.63, down 40 points.

Rice: March rice closed at $13.71 ½, up 6 ½ cents.

Gold: April gold finished at $2,887.30, gaining $10.30.

Stock Market Performance

The Dow Jones Industrial Average closed at 44,303.40, falling 444.23 points.

The mixed results in commodity and stock markets reflect ongoing market fluctuations across various sectors.

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