DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:49 -- December corn is down 3 1/2 cents per bushel, November soybeans are down 7 cents, December KC wheat is down 7 3/4 cents, December Chicago wheat is down 8 cents and MIAX December Minneapolis wheat is down 0.0450 cents. The Dow Jones Industrial Average is up 208.73 points. The U.S. Dollar Index is up 0.080 and October crude oil is down $0.21 per barrel. December gold is down $3.80 per ounce. At midday, grain and soy markets are extending losses with bean oil and beans leading the way down. Slowing demand with new competition and the advancing harvest with a bountiful crop are weighing on values. The Fed is expected to make the first rate cut since September 2024.

Posted 10: 52 -- December corn is down 1 3/4 cents per bushel, November soybeans are down 5 1/2 cents, December KC wheat is down 4 1/2 cents, December Chicago wheat is down 3 3/4 cents and MIAX December Minneapolis wheat is down 0.0300 cents. The Dow Jones Industrial Average is up 317.52 points. The U.S. Dollar Index is up 0.110 and October crude oil is down $0.19 per barrel. December gold is down $5.10 per ounce. Markets are falling back from the gains we saw Tuesday. It appears wheat markets weren't impressed with the Statistics Canada report saying Canadian farmers will plant more wheat, adding to an already full bucket in the U.S. and Europe. However, there is concern unharvested spring wheat in Canada may suffer quality problems due to the excessive rains.

Posted 08:34 -- December corn is up 1/4 cent per bushel, November soybeans are up 3/4 cent, December KC wheat is down 2 cents, December Chicago wheat is down 1 cent and MIAX December Minneapolis wheat is down 0.0175 cents. The Dow Jones Industrial Average is up 183.05 points. The U.S. Dollar Index is up 0.120 and October crude oil is down $0.13 per barrel. December gold is down $10.30 per ounce. Corn and soy are steady to modestly higher while wheat is lower to start Wednesday trade. Some heavy rain is making it through the Plains on Wednesday with the Dakotas, Nebraska, Kansas and eastern Iowa getting rain with more to come from the slow-moving system.

Livestock

Posted 11:45 -- October live cattle are down $2.65 at $230.8, October feeder cattle are down $5.65 at $348.65, October lean hogs are up $0.15 at $97.525, December corn is down 3 1/4 cents per bushel and December soybean meal is up $0.20. The Dow Jones Industrial Average is up 224.24 points and NASDAQ is down 143.49 points. The livestock complex is trading mostly lower into Wednesday's noon hour as the market lacks enough fundamental support to push the contracts any higher. Asking prices are noted at $242 in the South but are still not established in the North.

Posted 08:40 -- October live cattle are down $0.45 at $233., October feeder cattle are down $0.50 at $353.8, October lean hogs are up $0.33 at $97.7, December corn is steady and December soybean meal is up $1.90. The Dow Jones Industrial Average is up 175.81 points and NASDAQ is down 36.20 points. The cattle complex is off to a weaker start again today as traders are unsure that enough support is going to develop in the market to justify trading the contracts higher. Meanwhile the lean hog complex is trading mildly higher. Still no developments have surfaced in the fed cash cattle market.

(c) Copyright 2025 DTN, LLC. All rights reserved.