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)
Grains

OMAHA (DTN) -- After the Sunday evening open, December corn is down 7 cents and November soybeans are down 16 cents. There was not much rain over the weekend, but there are chances the next few days from South Dakota to Missouri. Moderate to cool temperatures will prevail across the Corn Belt this week, and even triple digits from Kansas to Texas will disappear later in the week. September KC wheat is down 7 1/4 cents, and September Minneapolis wheat is down 10 1/2 cents. September crude oil is down $0.45, and Dow Jones futures are down 82 points. The U.S. Dollar Index is up 0.05, and August gold is down $0.30. On Thursday, OPEC revised its estimate of oil demand lower for the second half of the year.

Livestock

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Todd Hultman