DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- March corn is down 1/2 cent per bushel, January soybeans are down 6 1/4 cents per bushel. March KC wheat is down 3/4 cent per bushel, March Chicago wheat is down 2 cents per bushel and March Minneapolis wheat is down 3 1/4 cents. The Dow Jones Industrial Average is down 112.20 points at 44,798.45. The U.S. Dollar Index is up 0.750 at 106.49. January crude oil is down $0.13 per barrel at $67.87. Soybeans and soy products continue to be weak as midday weather updates have added more rain to Argentina, while corn is gravitating around unchanged. Wheat markets have moved into negative territory again. Soybean meal fell to a new low on Monday.

Posted 10:50 -- March corn is up 1 cent per bushel, January soybeans are down 8 1/2 cents per bushel. March Kansas City wheat is up 4 cents per bushel, March Chicago wheat is up 2 1/4 cents per bushel and March Minneapolis wheat is up 1 1/2 cents. The Dow Jones Industrial Average is down 112.86 points at 44,797.79 points. The U.S. Dollar Index is up 0.770 at 106.51. January crude oil is down $0.20 per barrel at $67.80. At mid-morning, soybeans and soy products are lower, while wheat and corn are modestly higher. Weather in South America continues to be the driving factor in the soy complex.

Posted 8:37: March corn is down 1 1/2 cents per bushel, January soybeans are down 4 1/2 cents per bushel. March KC wheat is unchanged, March Chicago wheat is down 3/4 cent per bushel and March Minneapolis wheat is down 3/4 cent. The Dow Jones Industrial Average is up 71.33 points at 44,981.98. The U.S. Dollar Index is up 0.730 at 106.47. January crude oil is up $0.86 per barrel at $68.86. USDA announced another new soybean sale to China for 2024-25 of 134,000 mt (4.9 mb). Wheat, corn and soy markets start the new week a bit lower as South American weather remains bearish and crop analysts are upping their estimates for both corn and soy projections. Wheat is under pressure for the sixth time in the past seven days with KC futures falling to a new low.

Posted 19:06 Sunday -- March corn is up 1/4 cent and January soybeans are up 1 cent. March KC wheat is up 2 cents and March Minneapolis wheat is unchanged. January crude oil is up $0.05 and Dow Jones futures are down 38 points. The U.S. Dollar Index is up 0.41 and February gold is down $21.60. Volume will likely return to the market this week following the holiday last week. Weather remains non-threatening in South America. The market may continue to trade range bound with many ag markets up against technical levels to start this week. Bulls will also look for U.S. grain demand to continue its strength through the final month of 2025.

Livestock

Posted 11:35 -- February live cattle are down $0.93 at $187.7, January feeder cattle are down $2.15 at $257.325, February lean hogs are up $1.00 at $87.325, March corn is steady and January soybean meal is down $4.80. The Dow Jones Industrial Average is down 152.26 points. Last week's negotiated cash cattle trade totaled 79,753 head. Of that, 69% (55,128 head) were committed to the nearby delivery, while the remaining 31% (24,625 head) were committed to the deferred delivery.

Posted 08:40 -- February live cattle are up $0.50 at $189.125, January feeder cattle are up $1.28 at $260.75, February lean hogs are up $0.93 at $87.25, March corn is down 2 cents per bushel and January soybean meal is up $0.30. The Dow Jones Industrial Average is down 5.94 points. The livestock complex is again off to an aggressive start to the week as all three markets are trading higher and trader support remains ample. It will be interesting to see how all three of the contracts handle the market's resistance points this week as pressure could abound.

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