DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- March corn is up 3/4 cents and January soybeans are up 1/2 cents. March KC wheat is up 3 1/4 cents, March Chicago wheat is up 1 cents, and March MIAX Minneapolis wheat is unchanged. January crude oil is up $0.57 and Dow Jones futures are down 125 points. The U.S. Dollar Index is down 0.04 and February gold is up $9.40. Row-crop markets are marginally higher to open the new week and will attempt to build on bullish momentum from the shortened Thanksgiving week, especially in the corn market which saw March futures post their highest weekly close last week since early July. Traders will continue to watch the daily USDA export sales announcements for increased soybean business with China after weekend reports that China had rejected some Brazilian cargoes over contamination concerns after wheat was reportedly found in a shipment.

Livestock

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