CBOT January soybeans fell 14¼¢ to $11.0525 per bushel on Friday, closing the week down 32½¢ and snapping a seven-week streak of gains. March corn ended down 2½¢ at $4.4475 per bushel, while March CBOT wheat declined 4½¢ to $5.3575 per bushel.
Market activity was subdued, with little fresh bullish news to drive trading. Analysts noted confusion over China’s soybean import schedule, with Secretary Bessent indicating the purchase deadline is now the end of February, leaving traders uncertain about timing. A large flash sale of 462,000 metric tons to China provided some support but was not enough to counter the broader weakness.
Livestock markets saw gains, with January feeder cattle up $2.48 at $339.05 per cwt, February live cattle up $3.15 at $227.15 per cwt, and February lean hogs up 43¢ at $82.28 per cwt. January crude oil rose 44¢ to $60.11 per barrel, while the S&P 500 and Dow Jones closed higher.
