DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)
Grains

OMAHA (DTN) -- Posted 12:53 -- December corn is up 9 3/4 cents per bushel, January soybeans are up 38 cents, December KC wheat is up 2 1/2 cents, December Chicago wheat is up 4 cents and December MIAX wheat is up 7 cents. The Dow Jones Industrial Average is down 256.67 points. The U.S. Dollar Index is up 0.600 and December crude oil is down $0.74 per barrel. December gold is down $77.20 per ounce. Lower-than-expected yield and production on corn coupled with higher exports sent corn surging. Soybeans also soared despite record yield and production, as the deeply oversold markets responded to the upside as soy exports rose and ending stocks fell. Wheat was mostly neutral but got a boost from corn and soy strength.

Posted 10:36 -- December corn is up 2 1/4 cents per bushel, January soybeans are steady, December KC wheat is up 5 1/2 cents, December Chicago wheat is up 3 1/2 cents and December MIAX wheat is up 4 1/2 cents. The Dow Jones Industrial Average is down 351.73 points. The U.S. Dollar Index is up 0.740 and December crude oil is down $0.49 per barrel. December gold is down $84.50 per ounce. Just ahead of the USDA and WASDE November reports, markets are quiet with corn and wheat firmer and soybeans little changed.

Posted 08:30 -- December corn is up 3/4 cent per bushel, January soybeans are down 1 1/2 cents, December KC wheat is up 1 3/4 cents, December Chicago wheat is up 1 3/4 cents and December MIAX wheat is down 1 1/2 cents. The Dow Jones Industrial Average is down 284.85 points. The U.S. Dollar Index is up 0.350 and December crude oil is down $2.09 per barrel. December gold is down $53.50 per ounce. Corn and wheat are little changed while soybeans and bean oil are lower. USDA: private exporters reported the following sales activities: 312,700 mt (12.3 mb) of corn for Mexico for 2026/2027 and 150,000 mt (5.5 mb) of soybeans to Mexico for 2026/2027.

Livestock

Posted 11:45 -- December live cattle are up $2.98 at $219.175, January feeder cattle are up $1.90 at $326.075, December lean hogs are steady, December corn is up 11 cents per bushel and December soybean meal is up $3.40. The Dow Jones Industrial Average is down 336.87 points and the NASDAQ is down 419.87 points. The cattle contracts are continuing to trade higher as traders are willing to lend the market support right now. The lean hog contracts are trading lower as pork demand continues to be minimal.

Posted 08:34 -- December live cattle are down $0.18 at $216.025, January feeder cattle are up $0.55 at $324.725, December lean hogs are up $0.55 at $56.425, December corn is up 1/2 cent per bushel and December soybean meal is up $0.60. The Dow Jones Industrial Average is down 146.52 points and the NASDAQ is down 274.24 points. The cattle complex is trading mostly higher at Tuesday's start thanks to the bullish rally that helped turn the market higher on Monday. Still no cash cattle trade has developed and both bids and asking prices remain elusive at this point.

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