DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)

OMAHA (DTN) -- After Friday's sharply lower closes, grains are mixed early Sunday evening. March corn is down 3/4 cent, March soybeans are up 3 cents and March KC wheat is down 5 cents. The latest seven-day forecast expects beneficial rains over most of Brazil and Argentina. Here in the U.S., moderate to heavy precipitation will cover much of the central and eastern Midwest, including the western states of Kansas and Oklahoma. Iowa will see heavy snow amounts. Outside markets are quiet with Dow Jones futures trading up 70 points and the March U.S. Dollar Index down 0.03. February gold is up $3.30 and March crude oil is up 10 cents a barrel.