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By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:51 -- December corn is up 1 cent per bushel, November soybeans are down 7 1/2 cents, September KC wheat is up 2 1/4 cents, September Chicago wheat is down 1 3/4 cents and MIAX September Minneapolis wheat is down 0.0025 cents. The Dow Jones Industrial Average is down 126.87 points. The U.S. Dollar Index is up 0.200 and September crude oil is down $1.01 per barrel. December gold is down $5.50 per ounce. Heading into the Thursday close, soybean oil futures in a rare correction are leading soybeans lower again for the fifth straight day. Corn is modestly higher and wheat still mixed with Chicago scoring a new contract low. Soymeal is attempting to put a halt to a 6-day slide.

Posted 10:32 -- December corn is up 3/4 cent per bushel, November soybeans are down 5 1/2 cents, September KC wheat is up 2 3/4 cents, September Chicago wheat is down 1 3/4 cents and MIAX September Minneapolis wheat is down 0.0100 cents. The Dow Jones Industrial Average is down 74.90 points. The U.S. Dollar Index is up 0.050 and September crude oil is down $1.22 per barrel. December gold is down $5.20 per ounce. At midmorning, soybean oil is accelerating its downward correction with soybeans also on the defensive again. Corn is mixed and so is wheat in quiet trade. Word from Scott Bessent is that we are getting closer to a deal with China and President Trump is discussing tariffs with Mexico's leader Thursday. Trade deals were reported to be done with South Korea, Thailand, and Cambodia overnight and the U.S. is said to be making many concessions to Brazil, but that deal is not done yet.

Posted 08:31 -- December corn is down 1/2 cent per bushel, November soybeans are down 3 1/2 cents, September KC wheat is up 2 1/4 cents, September Chicago wheat is down 1 1/2 cents and MIAX September Minneapolis wheat is down 0.0125 cents. The Dow Jones Industrial Average is up 66.67 points. The U.S. Dollar Index is up 0.230 and September crude oil is down $0.67 per barrel. December gold is up $7.10 per ounce. Grain and soy markets, with the exception of KC wheat, are lower to start. Great weather and rising yield expectations along with sluggish soy demand are pressuring prices. USDA: private exporters reported the following sales activity: 100,000 mt (3.9 mb) of corn to Colombia for 2025-26; 140,000 mt (5.5 mb) of corn to South Korea for 2025-26; 136,000 mt (5.3 mb) of corn to unknown destinations for 2025-26; and 100,000 mt (3.7 mb) of hard red winter wheat to Nigeria for 2025-26.

Livestock

Posted 11:51 -- October live cattle are down $4.53 at $225.2, August feeder cattle are down $3.75 at $335.2, October lean hogs are up $0.28 at $89.475, September corn is up 1 1/2 cents per bushel and August soybean meal is up $1.20. The Dow Jones Industrial Average is up 47.88 points and NASDAQ is up 212.33 points. Cattle futures are lower as traders are uncertain what to do with the announcement that a 50% tariff could go into effect on Brazilian beef and cattle in the next seven days. Meanwhile, still no trade has developed in the fed cash cattle market but packer interest should improve at any time now.

Posted 08:37 -- October live cattle are down $0.40 at $229.325, August feeder cattle are up $0.48 at $339.425, October lean hogs are down $0.13 at $89.075, September corn is down 3/4 cent per bushel and August soybean meal is down $0.50. The Dow Jones Industrial Average is up 93.18 points and NASDAQ is up 261.41 points. Beef net sales of 8,500 mt for 2025 were down 49% from the previous week and 30% from the prior 4-week average. The three largest buyers were Japan (1,700 mt), South Korea (1,200 mt) and Taiwan (1,000 mt). Pork net sales of 39,500 mt for 2025 were up noticeably from the previous week and up 85% from the prior 4-week average. The three largest buyers were Mexico (23,100 mt), Japan (8,100 mt) and South Korea (3,300 mt).

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