DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- After the Sunday evening open, May corn is up 5 3/4 cents, May soybeans are up 17 3/4 cents and May Kansas City wheat is up 7 3/4 cents. Central Brazil had more scattered showers during the weekend, but there continues to be room for harvest progress. Expected rain amounts remain light for southern Brazil and Argentina, but western Argentina has chances for more moderate amounts this week. Outside markets are supportive early for commodities with Dow Jones futures trading up 149 points after the $1.9 trillion stimulus bill passed Saturday. The March U.S. Dollar Index is down 0.09. April gold is up $7.70 and April crude oil is up $1.42 a barrel. Reuters reported Iran-backed Houthi rebels in Yemen attacked Saudi oil facilities and military bases early Sunday.

Livestock

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