DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:45 -- July corn is down 3/4 cent per bushel, July soybeans are up 2 3/4 cents, July KC wheat is down 14 1/4 cents, July Chicago wheat is down 13 3/4 cents and July Minneapolis wheat is down 10 cents. The Dow Jones Industrial Average is up 665.34 points. The U.S. Dollar Index is up 0.610 and July crude oil is down $0.93 per barrel. June gold is down $63.40 per ounce. New crop corn futures and all three wheat markets are under heavy pressure. The improved prospect for much-needed rain in both the EU and the north China plains wheat areas is weakening wheat in addition to new crop harvest being just weeks away. Soybean and bean oil futures are only modestly higher.

Posted 10:36 -- July corn is up 1/2 cent per bushel, July soybeans are up 3 3/4 cents, July KC wheat is down 13 1/4 cents, July Chicago wheat is down 12 3/4 cents and July Minneapolis wheat is down 8 1/4 cents. The Dow Jones Industrial Average is up 556.97 points. The U.S. Dollar Index is up 0.620 and July crude oil is down $1.11 per barrel. June gold is down $73.30 per ounce. At mid-morning, corn is mixed to mostly lower, wheat is down hard and the soy complex is firmer, led by bean oil. Optimism that we could see biofuel policy changes soon has the bean oil reacting.

Posted 08:33 -- July corn is up 1/2 cent per bushel, July soybeans are up 7 cents, July KC wheat is down 12 cents, July Chicago wheat is down 9 1/2 cents and July Minneapolis wheat is down 6 1/4 cents. The Dow Jones Industrial Average is up 376.69 points. The U.S. Dollar Index is up 0.340 and July crude oil is down $0.41 per barrel. June gold is down $66.20 per ounce. Soybeans and bean oil are higher, while corn is mixed to mostly lower and wheat markets are under heavy pressure. The forecast for much-needed rain in both northern Europe and the north China plains is weighing on wheat values.

Posted 19:12 -- July corn is up 1/2 cents and July soybeans are down 1/4 cent as of early Monday evening. December corn is down 1/2 a cent and November soybeans are down 3/4 of a cent. July KC wheat is up 1/4 cents, July Chicago wheat is up 1/2 cent, and July Minneapolis wheat is up 2 1/4 cents. July crude oil is down $0.05 and Dow Jones futures are up 393 points. The U.S. Dollar Index is up 0.01 and June gold is down $20.50. Grain markets are mixed to begin the shortened trade week. President Donald Trump announced a postponement in the additional 50% tariff on the European Union until July 9 to allow for negotiating, which should offer some support to markets as that was the main source of weakness for Friday. Grains are coming off a strong week last week, as traders will look forward to the latest USDA weekly Crop Progress report on Tuesday afternoon to gauge whether steady rainfall across much of the U.S. Corn Belt has led to any potential planting delays as May winds to a close.

Livestock

Posted 11:42 -- August live cattle are down $1.48 at $208.975, August feeder cattle are down $2.95 at $297.425, July lean hogs are up $0.13 at $101.675, July corn is down 1 cent per bushel and July soybean meal is up $0.40. The Dow Jones Industrial Average is up 641.60 points and NASDAQ is up 425.10 points. The cattle contracts are trading noticeably lower as traders have seemed to grow leery of overly supporting the cattle complex. New showlists appear to be mixed, higher in the South, but lower in Nebraska/Colorado.

Posted 08:39 -- August live cattle are up $0.15 at $210.6, August feeder cattle are steady, July lean hogs are down $0.10 at $101.45, July corn is down 3/4 cent per bushel and July soybean meal is down $1.90. The Dow Jones Industrial Average is up 367.19 points and NASDAQ is up 270.15 points. The cattle complex is trading higher into Tuesday's open as this is the first opportunity that traders have had to trade the positive news that Friday's Cattle on Feed report unveiled. The big question that's on everyone's mind this week is what will fed cash cattle prices do? No bids or asking prices are noted yet.

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