DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:44 -- March corn is up 3 3/4 cents per bushel, January soybeans are down 3 3/4 cents, March KC wheat is up 5 cents, March Chicago wheat is up 5 cents and MIAX March Minneapolis wheat is up 0.0475 cents. The Dow Jones Industrial Average is up 53.78 points. The U.S. Dollar Index is up 0.060 and January crude oil is down $0.35 per barrel. February gold is down $56.20 per ounce. At midday, corn and wheat have found strength from increasing tensions between Russia and Ukraine after Ukraine drones have hit 3 vessels carrying Russian oil. In return, Russia has mentioned it would hit Ukraine port structures. There is little other news, but in wheat most of the news is actually bearish, with rising supplies in Argentina, Australia and expectations for the Canadian crop.

Posted 10:33 -- March corn is up 4 1/2 cents per bushel, January soybeans are down 1 1/4 cents, March KC wheat is up 6 3/4 cents, March Chicago wheat is up 7 cents and MIAX March Minneapolis wheat is up 0.0400 cents. The Dow Jones Industrial Average is up 67.10 points. The U.S. Dollar Index is up 0.040 and January crude oil is down $0.36 per barrel. February gold is down $62.70 per ounce. Wheat and corn have reversed early weakness following some public comments from Vladimir Putin that he would retaliate for drone strikes from Ukraine on vessels carrying Russian oil. Wheat has made a dramatic turnaround, rising 13 cents from the morning low. Soybeans and soy products are mixed with bean oil on a path for the fifth consecutive higher finish.

Posted 08:34 -- March corn is down 1/4 cent per bushel, January soybeans are up 5 3/4 cents, March KC wheat is down 6 1/2 cents, March Chicago wheat is down 5 1/4 cents and MIAX March Minneapolis wheat is up 0.0050 cents. The Dow Jones Industrial Average is up 49.10 points. The U.S. Dollar Index is up 0.020 and January crude oil is down $0.42 per barrel. February gold is down $17.20 per ounce. Soybeans and soymeal start firmer while wheat is again lower in Chicago and Kansas City and corn is little changed. Again, there was no sales announcement to China early Tuesday, but some news stories are touting China's plans to still fulfill soy purchases pledged.

Livestock

Posted 11:37 -- February live cattle are up $4.53 at $220.45, January feeder cattle are up $7.78 at $328.85, February lean hogs are down $0.35 at $79.95, March corn is up 5 cents per bushel and January soybean meal is down $1.60. The Dow Jones Industrial Average is up 258.21 points and the NASDAQ is up 178.49 points. The cattle complex is rallying aggressively into Tuesday's noon hour as traders believe the market has seen enough downside for the time being. With strong market fundamentals, traders are lifting the contracts higher into Tuesday's noon hour. Still no cash cattle trade has developed yet, and both bids and asking prices remain elusive for the time being.

Posted 08:38 -- February live cattle are up $3.75 at $219.675, January feeder cattle are up $4.55 at $325.625, February lean hogs are up $0.68 at $80.975, March corn is up 1/4 cent per bushel and January soybean meal is up $0.60. The Dow Jones Industrial Average is up 121.29 points and NASDAQ is up 121.53 points. The livestock complex is off to a stronger start at Tuesday's open, potentially trading higher as traders noted the stronger consumer demand for both pork and beef Monday afternoon. No cash cattle trade has developed yet and bids are still illusive.

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