DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Heading into the close, December corn is up 3 1/4 cents per bushel, November soybeans are up 1/2 cent, December KC wheat is up 3 1/2 cents, December Chicago wheat is up 5 1/2 cents and MIAX December Minneapolis wheat is up 1/4 cent. The Dow Jones Industrial Average is up 16.59 points. The U.S. Dollar Index is down 0.400 and October crude oil is up $0.30 per barrel. December gold is up $27.20 per ounce. Corn and wheat working higher as once again, export sales were strong. Soybeans however aren't doing so good with exports given we have no China new-crop business. Crude oil is still feeling good about the bullish EIA report Wednesday showing another large draw in stocks.

Posted 10:35 -- December corn is steady, November soybeans are down 4 1/4 cents, December KC wheat is down 4 cents, December Chicago wheat is down 1 1/4 cents and MIAX December Minneapolis wheat is up 0.0025 cents. The Dow Jones Industrial Average is down 85.02 points. The U.S. Dollar Index is down 0.300 and October crude oil is down $0.57 per barrel. December gold is up $13.40 per ounce. At mid-morning, soybeans are weakening, corn trading near unchanged and wheat continues to be mostly weaker. KC has fallen to another new low and has traded lower for the fifth consecutive day. World wheat values are under pressure as plentiful supplies are searching for demand.

Posted 08:35 -- December corn is down 1 cent per bushel, November soybeans are down 2 1/4 cents, December KC wheat is down 4 1/4 cents, December Chicago wheat is down 3 cents and MIAX December Minneapolis wheat is down 0.0150 cents. The Dow Jones Industrial Average is down 19.87 points. The U.S. Dollar Index is down 0.220 and October crude oil is down $0.24 per barrel. December gold is up $14.00 per ounce. Grain and soy markets are a bit weaker with Kansas City wheat again falling to a new low. Harvest advancing and slowing demand along with the lack of a China grain deal continues to weigh on markets. Weaker world wheat offers are pressuring wheat.

Livestock

Posted 11:26 -- October live cattle are up $0.28 at $239.8, October feeder cattle are up $1.65 at $365.85, October lean hogs are up $0.43 at $94.325, December corn is up 1 1/4 cents per bushel and December soybean meal is down $1.50. The Dow Jones Industrial Average is up 12.35 points and NASDAQ is up 83.16 points. Still no cash cattle trade has developed and it's looking like the bulk of this week's business could be delayed until Friday. Asking prices are noted in the South at $245 but are still not established in the North.

Posted 08:34 -- October live cattle are down $0.78 at $238.75, October feeder cattle are down $0.50 at $363.7, October lean hogs are up $0.08 at $93.975, December corn is down 1 cent per bushel and December soybean meal is down $0.40. The Dow Jones Industrial Average is down 23.85 points and NASDAQ is up 91.90 points. Beef net sales of 13,600 mt for 2025 2343 up 34% from the previous week and 40% from the prior 4-week average. The three largest buyers were Japan (7,700 mt), South Korea (1,500 mt) and Hong Kong (1,200 mt). Pork net sales of 42,400 mt for 2025 were up noticeably from the previous week and up 53% from the prior 4-week average. The three largest buyers were Mexico (26,700 mt), Colombia (3,400 mt) and Japan (2,500 mt).

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