Caledonia Farmers Elevator

June 12, 2025

Caledonia Feed & Supply	Caledonia Feed Mill	Caledonia Agronomy	Lake Odessa Feed & Grain	Lake Odessa Agronomy
146 E. Main Street Caledonia, MI 49316	Lake and Kinsey Street Caledonia, MI 49316	290 South Street Caledonia, MI 49316	1018 3rd Avenue Lake Odessa, MI 48849	9260 Eaton Hwy Lake Odessa, MI 48849
Store Line 616-891-4150 Office Line 616-891-8108	Phone: 616-891-8108	Phone: 616-891-1033	Phone: 616-374-8061	Phone: 616-374-7329

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DTN Closing Grain Comments    06/11 13:50
   Grains Retreat From Daily Highs Wednesday as Traders Await USDA Update

   Agricultural markets were quiet Wednesday with a mixed tone overall as
initial euphoria over the newly solidified trade truce between the U.S. and
China was quick to run its course through the futures market. For now, traders
are likely shifting their sights back to market fundamentals which will be
refreshed by the USDA in Thursday's World Agricultural Supply and Demand
Estimates report. Equity markets were subdued in their reaction to the trade
news as many of the finer details of the agreement are still unknown at this
point. Meanwhile, NYMEX crude oil futures jumped Wednesday to their highest
price since April 4, driven by a decline in oil stocks reported by the Energy
Information Administration (EIA) Wednesday morning.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   July corn closed down 1 3/4 cents and December corn was down 1/4 cents. July
soybeans closed down 7 1/4 cents and November soybeans were down 2 cents. July
KC wheat closed down 1 cent, July Chicago wheat was down 1/4 cents, July MIAX
Minneapolis wheat was up 4 cents.

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