DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:42 -- December corn is up 2 3/4 cents per bushel, January soybeans are up 11 1/4 cents, December KC wheat is up 7 1/2 cents, December Chicago wheat is up 8 cents and MIAX December Minneapolis wheat is up 0.0325 cents. The Dow Jones Industrial Average is up 296.78 points. The U.S. Dollar Index is down 0.020 and December crude oil is up $0.28 per barrel. December gold is up $105.60 per ounce. At midday, all grain and soy markets remain very firm, led by soybeans. Ironically, there is no sign China is interested in buying U.S. beans when Brazil values are far cheaper. Funds have bought beans and products along with corn and wheat today. Friday we'll see the November WASDE results and traders are leery of selling before that.

Posted 10:33 -- December corn is up 1 cent per bushel, January soybeans are up 8 cents, December KC wheat is up 4 1/2 cents, December Chicago wheat is up 5 cents and MIAX December Minneapolis wheat is up 0.0150 cents. The Dow Jones Industrial Average is up 5.46 points. The U.S. Dollar Index is up 0.060 and December crude oil is down $0.22 per barrel. December gold is up $93.50 per ounce. At midmorning grain and soy markets are holding in the black. There is not a lot of news other than the potential for the U.S. government to reopen after a bipartisan Senate vote.

Posted 08:31 -- December corn is up 1 3/4 cents per bushel, January soybeans are up 8 1/2 cents, December KC wheat is up 8 3/4 cents, December Chicago wheat is up 8 1/2 cents and MIAX December Minneapolis wheat is up 0.0525 cents. The Dow Jones Industrial Average is up 260.06 points. The U.S. Dollar Index is down 0.000 and December crude oil is up $0.21 per barrel. December gold is up $82.70 per ounce. Corn, wheat and beans are all higher to start the new week. Some optimism is coming from strong outside markets as traders sense the longest government shutdown could be nearing the end.

Posted 19:07 Sunday -- December corn is up 3/4 cents and January soybeans are up 5 1/2 cents. December KC wheat is up 1 1/2 cents, December Chicago wheat is up 1 1/4 cents, and December MIAX Minneapolis wheat is unchanged. December crude oil is up $0.37 and Dow Jones futures are up 114 points. The U.S. Dollar Index is up 0.11 and December gold is up $20.00. Row crop futures are mostly higher to begin the new trading week after a volatile and mixed session last week. Despite some large individual daily price swings last week, the January soybeans future contract finished with only 1 3/4 cents for weekly gains, while corn and wheat markets were moderately lower on the week. Traders were uncertain on where to place price bets next and will look for USDA guidance later this week with the next WASDE report due out on Friday. In the meantime, expect more choppy trade as speculation into Chinese purchases will surely be a feature for the week as well.

Livestock

Posted 10:36 -- December live cattle are up $6.73 at $228.075, January feeder cattle are up $9.25 at $328.825, December lean hogs are up $2.50 at $81.9, December corn is up 2 cents per bushel and December soybean meal is up $1.80. The Dow Jones Industrial Average is up 145.03 points and NASDAQ is up 405.78 points. The cattle complex is reacting incredibly well to President Trump's announcement last week that foreign meat packers need to be investigated as the feeder cattle contracts are currently up their limit. New showlists appear to be mixed, higher in Nebraska/Colorado, somewhat lower in Texas, and lower in Kansas.

Posted 08:37 -- December live cattle are down $1.63 at $219.725, January feeder cattle are down $2.03 at $317.55, December lean hogs are up $1.25 at $80.65, December corn is up 1 3/4 cents per bushel and December soybean meal is up $1.10. The Dow Jones Industrial Average is up 250.42 points and NASDAQ is up 374.29 points. The livestock complex is off to a slightly lower, cautious start to the day as news broke last Friday after the market's close that President Trump believes an investigation should be done on foreign owned meat packers. Cash cattle trade will likely be delayed until later in the week.

(c) Copyright 2025 DTN, LLC. All rights reserved.