DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 19:09 -- December corn is up 1 cent, and November soybeans are up 2 1/4 cents. December KC wheat is up 2 1/4 cents, December Chicago wheat is up 2 1/2 cents, and December MIAX Minneapolis wheat is down 1 cent. December crude oil is down $0.18, and Dow Jones futures are down 4 points. The U.S. Dollar Index is up 0.10, and December gold is up $33.30. Row-crop futures are modestly higher to begin the new week. U.S. and Chinese officials held a phone call on Saturday and agreed to more negotiations this coming week, ahead of the summit between U.S. President Donald Trump and Chinese President Xi Jinping at the end of the month. Corn, soy and wheat markets will be up against technical resistance to begin the new week after posting decent recovery efforts last week. Meanwhile, U.S. harvest moves ahead and is likely heading into the last remaining 20%-30% of areas nationally for corn and soybeans, which may assist prices as supply pressure eases.

Livestock

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