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Re:

Week Ends with Corn Down: Friday, March 21, 2025

May corn finished the March 21, 2025 session down 4¾¢ at $4.64¼ per bushel after trading at $4.68½ in the morning update.
From TheFinanceBase Team2 min to read
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May corn futures ended Friday, March 21, 2025, down 4¾¢ at $4.64¼ per bushel, according to Successful Farming / Agriculture.com. That was the closing snapshot; an earlier morning update put May corn at $4.68½, down ½¢. The report described a quiet, choppy week and attributed the market commentary to Consus Ag Consulting partner Karl Setzer.

Where corn and other markets finished

Successful Farming / Agriculture.com reported the following March 21 session prices. These are historical figures from that report, not current quotes, and they are not independently reconciled here against exchange settlement data.

Market and contract Reported price and daily move
May corn $4.64¼ per bushel, down 4¾¢
May soybeans $10.10¾ per bushel, down 2¼¢
CBOT wheat $5.58¼ per bushel, up 1¢
Kansas City wheat $5.88¾ per bushel, up 2¼¢
Minneapolis wheat $6.05 per bushel, up ¼¢
April live cattle $202.77 per hundredweight, down $2.25
April feeder cattle $285.10 per hundredweight, down $4.00
April lean hogs $97.47 per hundredweight, up $1.22

Just before 3:00 p.m. CT, May crude oil was reported down 11¢ at $68.18 per barrel. June S&P 500 futures were down 20 points, June Dow futures down 124 points, and the June U.S. Dollar Index up 278 points.

How the morning quote differed from the close

The report’s 9:34 a.m. CT update said May corn was down ½¢ at $4.68½ per bushel. May soybeans were down 2¼¢ at $10.10¾ per bushel. These were morning prices, not closing prices. May corn later finished at $4.64¼, a lower price than in the morning snapshot.

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In the morning update, Consus Ag Consulting partner Angie Setzer said old-crop corn and soybeans had found buying the previous day after news that port fees would not affect shipments until November if implemented. She also attributed lower wheat to traders unwinding earlier positions and to an increased potential for rain in some wheat-producing areas. Those were her assessments as reported at the time; the article did not separately document the port-fee timing or weather outlook.

What market commentary said about the decline

Karl Setzer, partner with Consus Ag Consulting, characterized the week this way: “It was a very quiet week for news, and this was reflected in the futures market.” He described trading as choppy, with limited buying and limited fresh selling interest.

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Setzer also said uncertainty was limiting prices and suggested weaker equity markets could have prompted commodity selling to offset losses elsewhere. That is his interpretation of the session, not an independently established cause of corn’s decline.

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What traders were watching next

At publication, the report said traders were looking ahead to the March 31 planting-intentions and quarterly-stocks data. That was a forward-looking comment made on March 21; the article does not establish the eventual results of those reports.

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