DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- December corn is down 1/4 cent per bushel, November soybeans are up 4 1/4 cents, September KC wheat is up 7 1/2 cents, September Chicago wheat is up 6 1/2 cents and MIAX September Minneapolis wheat is up 0.0175 cents. The Dow Jones Industrial Average is up 276.25 points. The U.S. Dollar Index is up 0.160 and August crude oil is down $1.70 per barrel. August gold is up $5.10 per ounce. Corn, soybeans and wheat all had strong exports sales in today's report, and there was another private sale announced for corn this morning. The corn market once again doesn't seem to care, while soybeans are higher. The crude oil market today is falling after reaction to the EIA report yesterday showing a higher-than-expected increase in crude inventory last week.

Posted 10:28 -- December corn is steady, November soybeans are up 1 cent, September KC wheat is up 3 1/2 cents, September Chicago wheat is up 2 1/4 cents and MIAX September Minneapolis wheat is down unchanged. The Dow Jones Industrial Average is up 255.84 points. The U.S. Dollar Index is up 0.170 and August crude oil is down $1.32 per barrel. August gold is up $8.60 per ounce. Soybeans still feeling a little nervous about what USDA will do to ending stocks in their report tomorrow. Corn market isn't sure what to do and winter wheat markets continue higher so far as harvest progress is slowly moving north.

Posted 08:37 -- September corn is down 2 1/4 cents and August soybeans are down 5 cents. December corn is down 2 1/4 cents and November soybeans are down 2 1/2 cents. September KC wheat is up 7 1/4 cents, September Chicago wheat is up 5 1/4 cents, and September MIAX Minneapolis wheat is up 5 1/2 cents. August crude oil is down $1.44 and Dow Jones futures are down 57 points. The U.S. Dollar Index is up 0.13 and August gold is up $11.20. Row crop prices are mixed Thursday morning, with wheat futures building off Wednesday's reversal action. Meanwhile, corn and soy markets remain under pressure with trader focus remaining on growing season conditions despite the unlikeliness that USDA will raise 2025 production estimates in Friday's WASDE.

Livestock

Posted 11:39 -- August live cattle are down $1.50 at $218.275, August feeder cattle are up $0.28 at $320.75, August lean hogs are down $1.10 at $106.125, July corn is down 4 cents per bushel and July soybean meal is up $2.50. The Dow Jones Industrial Average is up 220.15 points and NASDAQ is down 19.11 points. Bids of $223 to $227 are currently being offered in the South, but with asking prices firm at $228 to $230 still no cattle have traded. No bids or asking prices have been make public yet in the North.

Posted 08:39 -- August live cattle are up $1.55 at $221.325, August feeder cattle are up $3.23 at $323.7, August lean hogs are up $0.40 at $107.625, July corn is down 1/2 cent per bushel and July soybean meal is down $1.00. The Dow Jones Industrial Average is down 50.49 points and NASDAQ is down 17.30 points. Thursday's export report shared that net sales of 11,600 mt for 2025 were up 1% from the previous week but down 12% from the prior 4-week average. The three largest buyers were Japan (4,000 mt), South Korea (3,800 mt) and Mexico (1,100 mt). Pork net sales of 24,300 mt for 2025 were down 11% from the previous week and 17% from the prior 4-week average. The three largest buyers were China (8,800 mt), Mexico (7,300 mt) and Japan (4,200 mt).

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