Tidbits, Iran, Energy & Fuels, Consensus, Broilers & Ethanol 6/19/25
- Wright team
- Jun 19
- 4 min read
Tidbits
U.S. grain markets are closed and will have no day session today. Markets will be reopening for the evening session on Thursday. With the holiday, this week’s export sales report will be released on Friday, along with the cattle on feed report. The CFTC’s Commitment of Traders report will be delayed until Monday.
The last trading day for July grain options is this Friday.
Heavy rain fell again Tuesday in South Central Kansas and into North Central Oklahoma. There are many fields of wheat ready to be harvested with water standing. Wheat futures were sharply higher, which supported corn. The hot temperatures moving into the Corn Belt tomorrow also supported corn.
U.S. commercial crude oil inventories declined to 420.9 million barrels, down 11.5 million from last week and down nearly 8% from year-ago levels, its largest decline in a year.
For the week ending June 16, the U.S. average diesel fuel price increased 10¢ from the previous week to $3.571 per gallon, 16.4¢ below the same week last year, and the largest increase since January 20.
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