DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- December corn is up 3 1/4 cents and November soybeans are up 12 cents. December KC wheat is up 5 3/4 cents, December Chicago wheat is up 5 3/4 cents, and December MIAX Minneapolis wheat is up 3 cents. December crude oil is up $0.40 and Dow Jones futures are up 252 points. The U.S. Dollar Index is unchanged and December gold is down $61.50. Row crop markets are sharply higher to begin the new week following a productive weekend for U.S. trade negotiations as President Trump has reportedly signed deals with Malaysia, Cambodia, Thailand, and Vietnam to secure supply to minerals while widening those markets to U.S. exports of Ag commodities such as soybeans, soybean meal, and ethanol. Also this weekend, U.S. trade representatives have reported being "close" to a trade deal with pending approval of Presidents Trump and Xi when they meet later this week. The meeting between the two leaders will undoubtedly be the most impactful story to prices for this week.

Livestock

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