DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:45 -- July corn is up 3 1/4 cents per bushel, July soybeans are down 8 1/4 cents, July KC wheat is down 2 cents, July Chicago wheat is down 5 3/4 cents and July Minneapolis wheat is up 4 1/2 cents. The Dow Jones Industrial Average is up 66.05 points. The U.S. Dollar Index is down 0.680 and July crude oil is up $0.12 per barrel. August gold is up $59.20 per ounce. The June WASDE report held few surprises and heading into the close soybeans and bean oil are weak, corn is little changed, while wheat is mixed with only Minneapolis wheat in the green. The report left the soy balance sheet unchanged while decreasing both corn and wheat ending stocks modestly.

Posted 10:32 -- July corn is up 1 1/4 cents per bushel, July soybeans are down 4 1/4 cents, July KC wheat is down 2 3/4 cents, July Chicago wheat is down 2 1/4 cents and MIAX July Minneapolis wheat is up 4 3/4 cents. The Dow Jones Industrial Average is down 17.59 points. The U.S. Dollar Index is down 0.650 and July crude oil is down $0.17 per barrel. August gold is up $64.80 per ounce. As we approach the June WASDE release, grain and soy markets, with the exception of Minneapolis wheat and July corn, have set back to trade mostly lower. The report is typically not a big market-mover and the same is expected today but surprises are not out of the question when dealing with the USDA reports.

Posted 08:32 -- July corn is up 2 1/2 cents per bushel, July soybeans are up 3 1/2 cents, July KC wheat is down 1/4 cent, July Chicago wheat is up 1/4 cent and MIAX July Minneapolis wheat is up 5 1/4 cents. The Dow Jones Industrial Average is down 183.98 points. The U.S. Dollar Index is down 0.790 and July crude oil is down $1.17 per barrel. August gold is up $59.40 per ounce. Grain and soy markets are higher ahead of the June WASDE, led by beans and Minneapolis wheat. Boosting the wheat markets is the plunging U.S Dollar Index which has fallen to a new low. The report is not expected to be a big market mover.

Livestock

Posted 11:42 -- August live cattle are down $0.43 at $217.6, August feeder cattle are down $0.33 at $310.75, July lean hogs are up $0.30 at $109.15, July corn is down 1/4 cent per bushel and July soybean meal is up $0.50. The Dow Jones Industrial Average is up 27.84 points and NASDAQ is up 47.21 points. Some more cattle traded in the South at $235, which is $5.00 higher than last week's weighted average. Still no cattle have traded in the North, but packer interest should improve later this afternoon.

Posted 08:37 -- August live cattle are down $0.15 at $217.875, August feeder cattle are down $0.20 at $310.875, July lean hogs are down $0.13 at $108.725, July corn is up 2 1/2 cents per bushel and July soybean meal is up $1.30. The Dow Jones Industrial Average is down 201.41 points and NASDAQ is down 38.16 points. Beef net sales of 15,300 mt for 2025 were up 71% from the previous week and 21% from the prior 4-week average. The three largest buyers were South Korea (6,100 mt), Japan (3,200 mt) and Mexico (2,700 mt). Pork net sales of 9,700 mt for 2025 were down 73% from the previous week and 70% from the prior 4-week average. The three largest buyers were Japan (3,600 mt), Canada (1,900 mt) and Colombia (1,400 mt).

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