Chicago soybean futures rose by about 1.8%, while corn rose by over 1.1%.

date
17/07/2025
On Wednesday's closing in New York, the Bloomberg Commodity Index rose by 1.13% to 29.8578 points, remaining in an upward trend throughout the day. Media reports suggested that after President Trump reportedly considered dismissing Federal Reserve Chairman Powell, there was a sharp rebound in the market as the US dollar weakened. CBOT corn futures rose by 1.13% to $4.2450 per bushel. CBOT wheat futures rose by 0.88% to $5.4225 per bushel. CBOT soybean futures increased by 1.77% to $10.1975 per bushel, showing continued upward movement throughout the day; soybean meal futures rose by 1.00% and soybean oil futures increased by 0.57%.