DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:50 -- July corn is down 5 3/4 cents per bushel, July soybeans are up 1 3/4 cents, July KC wheat is up 3 1/4 cents, July Chicago wheat is up 1 1/4 cents and July Minneapolis wheat is down 4 1/4 cents. The Dow Jones Industrial Average is down 124.18 points. The U.S. Dollar Index is down 0.710 and June crude oil is up $1.77 per barrel. June gold is up $22.30 per ounce. As the market nears the Tuesday close, both Chicago and KC wheat have recovered to trade higher, while soybeans have rallied from the lows on the heels of the very strong bean oil market, as veg oils around the world are rallying. News that the tax bill being proposed would extend 45Z has bullish implications for bean oil.

Posted 10:34 -- July corn is down 7 1/4 cents per bushel, July soybeans are down 8 1/2 cents, July KC wheat is up 4 1/2 cents, July Chicago wheat is up 2 1/2 cents and July Minneapolis wheat is down 1 1/4 cents. The Dow Jones Industrial Average is down 133.87 points. The U.S. Dollar Index is down 0.650 and June crude oil is up $1.38 per barrel. June gold is up $26.40 per ounce. Corn, soybeans and soymeal have extended losses at mid-morning while winter wheats have moved into positive territory. Bean oil remains the one bright spot on hopes of the extension of biofuel credits.

Posted 08:34 -- July corn is down 3 3/4 cents per bushel, July soybeans are down 5 cents, July KC wheat is down 5 1/2 cents, July Chicago wheat is down 5 3/4 cents and July Minneapolis wheat is down 6 cents. The Dow Jones Industrial Average is down 204.91 points. The U.S. Dollar Index is down 0.460 and June crude oil is up $0.66 per barrel. June gold is up $17.60 per ounce. Profit-taking on corn and soy as planting pace is reported to be well above average on both. Bean oil is the exception on the rumor/hope that 45Z credits might be extended for 4 years. Wheat markets continue to have absolutely no friends, falling to new contract lows again.

Livestock

Posted 11:45 -- June live cattle are down $0.30 at $216.525, August feeder cattle are down $0.48 at $305.9, June lean hogs are up $1.35 at $99.65, May corn is down 6 3/4 cents per bushel and May soybean meal is steady. The Dow Jones Industrial Average is down 186.76 points and NASDAQ is up 325.46 points. The livestock contracts are trading mostly higher as traders remain engaged in the marketplace and seem hopeful fundamentals will encourage even higher trade. Asking prices are noted in the South at $224 to $225 but still not established in the North.

Posted 08:38 -- June live cattle are down $0.58 at $216.25, August feeder cattle are down $1.15 at $305.225, June lean hogs are down $0.15 at $98.15, May corn is steady and May soybean meal is steady. The Dow Jones Industrial Average is down 192.43 points and NASDAQ is up 89.48 points. Following the big gains made yesterday, the livestock complex is taking more of a cautious approach to Tuesday's trade as all three of the livestock contracts are trading lower. Still no developments have surfaced in the fed cash cattle market.

(c) Copyright 2025 DTN, LLC. All rights reserved.