DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

Todd Hultman
By  Todd Hultman , DTN Lead Analyst
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(Illustration by Nick Scalise)

OMAHA (DTN) -- After the Sunday evening open, July corn is down 9 1/2 cents, July soybeans are down 7 1/4 cents, July KC wheat is down 5 1/4 cents and September Minneapolis wheat is down 6 1/2 cents. Beneficial precipitation fell across the Western Canadian Prairies over the weekend with scattered showers in the northern U.S. Plains. Light amounts were hit and miss around the Corn Belt. The seven-day forecast for the U.S. expects a wide coverage of moderate to heavy rain amounts for the central U.S., including spring wheat areas. Central Brazil remains mostly dry. Outside markets are slightly supportive for commodities with the June Dow Jones futures trading up 32 points and the June U.S. Dollar Index up 0.01. June gold is up $7, and July crude oil is up $0.11 a barrel.


Todd Hultman