DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:43 -- December corn is up 2 1/2 cents per bushel, January soybeans are up 18 1/4 cents, December KC wheat is up 6 1/4 cents, December Chicago wheat is up 9 1/4 cents and MIAX December Minneapolis wheat is up 0.0525 cents. The Dow Jones Industrial Average is down 191.13 points. The U.S. Dollar Index is up 0.050 and December crude oil is up $0.23 per barrel. December gold is up $24.10 per ounce. Heading into the Monday close, soybeans continue to extend the rally, supported by the reversal in soybean oil. Wheat is still very strong on rumors of Chinese buying of U.S. wheat. The latest rumor has China picking up a few cargoes of soft white and spring wheat from the PNW. Corn is still joining the bullish move as strong inspections imply still solid demand with inspections now 64% higher than a year ago.

Posted 10:34 -- December corn is down 1 cent per bushel, January soybeans are up 8 3/4 cents, December KC wheat is down 1 1/2 cents, December Chicago wheat is up 1 1/2 cents and MIAX December Minneapolis wheat is down 0.0025 cents. The Dow Jones Industrial Average is down 137.78 points. The U.S. Dollar Index is up 0.010 and December crude oil is up $0.34 per barrel. December gold is up $12.70 per ounce. At mid-morning, the bean strength extends with support from the reversal in soybean oil after that market fell to a 4 1/2-month low. Corn is slightly weaker and wheat is mixed in a two-sided affair. Strength came early from rumors of China interest in U.S. wheat.

Posted 08:33 -- December corn is down 3/4 cent per bushel, January soybeans are up 3 cents, December KC wheat is steady, December Chicago wheat is up 3 1/4 cents and MIAX December Minneapolis wheat is up 0.0250 cents. The Dow Jones Industrial Average is up 7.20 points. The U.S. Dollar Index is up 0.170 and December crude oil is down $0.20 per barrel. December gold is up $19.00 per ounce. Wheat and soybeans start off slightly firmer with corn lower following weekend rumors of China wheat interest. Traders are waiting to see if China follows through on the promise to start buying U.S. soybeans again in quantity.

Posted 19:08 Sunday -- December corn is up 1 1/2 cents and January soybeans are up 6 1/4 cents. December KC wheat is up 1 1/4 cents, December Chicago wheat is up 2 3/4 cents, and December MIAX Minneapolis wheat is down 1/2 cents. December crude oil is up $0.40 and Dow Jones futures are up 125 points. The U.S. Dollar Index is up 0.02 and December gold is down $15.50. U.S. row-crop markets open the month of November with momentum in their favor following a bullish second half of October which culminated in the trade deal and return of China to the U.S. soybean market following President Trump's meeting with President Xi last Wednesday evening. NASS announced late last week that the November WASDE report will be released on the 14th of the month, which may add an extra degree of speculation to the trade over the next few weeks as traders will be very interested to see how the USDA views U.S. crop balance sheets. In outside market news to begin the week, OPEC members voted over the weekend to increase crude production through the end of the 2025 but signaled a halt in production hikes after the first of the new year, which thus far is propping up oil futures just above the lowest prices in almost five years.

Livestock

OMAHA (DTN) -- December live cattle are up $2.25 at $231.925, January feeder cattle are up $4.65 at $336.55, December lean hogs are down $0.23 at $81.05, December corn is up 1 3/4 cents per bushel and December soybean meal is down $2.00. The Dow Jones Industrial Average is down 168.87 points and NASDAQ is up 165.27 points. The cattle contracts are trading higher into Monday's noon hour as the market is hopeful that fundamental support will arise later this week and continue to help the contracts trade higher. New showlists appear to be mixed, higher in Nebraska/Colorado and Kansas, but lower in Texas.

Posted 08:37 -- December live cattle are up $1.90 at $231.575, January feeder cattle are up $3.90 at $335.8, December lean hogs are down $0.35 at $80.925, December corn is down 3/4 cent per bushel and December soybean meal is down $1.60. The Dow Jones Industrial Average is down 0.35 points and NASDAQ is up 247.73 points. Following Friday's slightly weaker close, the cattle complex is off to a stronger start at Monday's open. After the downward spiral that the market has recently endured, traders and cattlemen alike are hoping that the market will find some stability this week.

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