Agricultural futures were mixed on Wednesday, as soybeans continued to ease from their highest levels since 2008. Grains were slightly higher amid USDA predictions that corn stocks will decline less than forecast by analysts.
The May wheat contract was up 2.2 cents to $6.256 a bushel.
May corn edged up 1.2 cents a bushel to $6.36 a bushel.
After big losses over the past three sessions, July cotton was up 0.52 cents at 88.78 cents per lb on the Chicago Board of Trade.
With South American production down, soybean prices have jumped in recent weeks. Today, however, May soybeans eased 4 cents to $14.22 a bushel.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.