DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:51 -- December corn is down 3 cents per bushel, November soybeans are down 8 cents, December KC wheat is down 6 cents, December Chicago wheat is down 4 cents and MIAX December Minneapolis wheat is down 0.0200 cents. The Dow Jones Industrial Average is up 156.09 points. The U.S. Dollar Index is up 0.470 and October crude oil is down $0.67 per barrel. December gold is down $41.30 per ounce. Heading into the close, losses are mounting in corn, beans and bean oil. While new-crop corn sales so far are very strong, soy sales are the lowest in 10 years. Sales to China so far are zero and some 240 mb less than last year at this time. Brazil's CONAB added another bearish estimate, pegging next year's soy crop at a record near 178 mmt and next year's corn another record crop of over 138 mmt.

Posted 10:32 -- December corn is down 1 3/4 cents per bushel, November soybeans are down 4 1/4 cents, December KC wheat is down 3 1/4 cents, December Chicago wheat is down 1 3/4 cents and MIAX December Minneapolis wheat is down 0.0050 cents. The Dow Jones Industrial Average is up 159.74 points. The U.S. Dollar Index is up 0.480 and October crude oil is down $0.51 per barrel. December gold is down $43.40 per ounce. At midmorning, grain and soy markets remain under pressure. Slowing demand and the advancing harvest are weighing on corn and bean values, while good rain in the Southern Plains and soft red wheat areas of the east, along with growing world supplies are pressuring wheat.

Posted 08:34 -- December corn is down 1 1/2 cents per bushel, November soybeans are down 5 cents, December KC wheat is down 2 cents, December Chicago wheat is up 1/4 cent and MIAX December Minneapolis wheat is unchanged. The Dow Jones Industrial Average is down 8.90 points. The U.S. Dollar Index is up 0.530 and October crude oil is up $0.05 per barrel. December gold is down $34.30 per ounce. Corn, wheat and soybeans are moving lower with only Chicago wheat little changed. Soybean export sales early in the new-crop year are faltering and off 41% from the year prior while corn export sales are still very strong. USDA: private exporters reported sales of 110,000 mt (4.3 mb) of corn for delivery to Mexico during the 2025-26 marketing year.

Livestock

Posted 11:43 -- October live cattle are up $0.50 at $231.6, October feeder cattle are up $1.50 at $350.625, October lean hogs are up $0.40 at $97.725, December corn is down 2 1/4 cents per bushel and December soybean meal is down $1.50. The Dow Jones Industrial Average is up 204.70 points and NASDAQ is up 259.82 points. There's a single bid currently on the table in Kansas but otherwise the fed cash cattle market is quiet with no new trade having developed. Asking prices are firm in the South at $240-plus and are still not established in the North.

Posted 08:38 -- October live cattle are up $0.65 at $231.75, October feeder cattle are up $2.05 at $351.175, October lean hogs are down $0.18 at $97.15, December corn is down 1 3/4 cents per bushel and December soybean meal is down $2.30. The Dow Jones Industrial Average is down 41.76 points and NASDAQ is up 182.07 points. Beef net sales of 15,800 mt for 2025 were up 31% from the previous week and 21% from the prior 4-week average. The three largest buyers were South Korea (8,000 mt), Mexico (1,700 mt) and Indonesia (1,600 mt). Pork net sales of 22,000 mt for 2025 were up 27% from the previous week but down 14% from the prior 4-week average. The three largest buyers were Japan (6,600 mt), Mexico (6,200 mt) and China (3,000 mt).

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