DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)

OMAHA (DTN) -- After the Sunday evening open, March corn is up 3/4 cent and March soybeans are up 1 1/4 cents. Showers are expected to turn lighter in central Brazil this week, favorable for soybean harvest and corn planting. In southern Brazil and Argentina, crops will benefit from better rain coverage this week. March KC wheat is up 1/2 cent, and March Minneapolis wheat is down 1/4 cent. Oklahoma and the Texas Panhandle are currently getting a mix of snow and rain. March crude oil is down $0.45, and Dow Jones futures are up 12 points. The U.S. Dollar Index is down 0.13, and April gold is up $1.90. Markets in China are closed this week for the Lunar New Year. The 49ers lead 10-0 with one minute left in the first half.