DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 10:28 -- March corn is down 5 1/4 cents per bushel, January soybeans are down 3 cents, March KC wheat is down 3 1/2 cents, March Chicago wheat is down 1 1/4 cents and MIAX March Minneapolis wheat is down 0.0150 cents. The Dow Jones Industrial Average is up 212.23 points. The U.S. Dollar Index is down 0.450 and January crude oil is up $0.76 per barrel. February gold is up $27.20 per ounce. Corn, wheat and soybeans are all under pressure at midmorning with corn under the most pressure. I have heard little news Wednesday morning on corn and soy, but wheat continues to get selling from rising world supplies and weakening values. After a record month of wheat exports from Russia, Russian FOB offers are reported to have fallen another $4/mt.

Posted 08:56 -- March corn is down 5 1/4 cents and January soybeans are down 5 1/4 cents. March KC wheat is down 4 1/4 cents, March Chicago wheat is down 2 1/2 cents, and March MIAX Minneapolis wheat is down 1 cents. January crude oil is up $0.54 and Dow Jones futures are down 11 points. The U.S. Dollar Index is down 0.37 and February gold is up $24.70. Thus far for Wednesday, row crop futures are moderately lower across the board, with March corn futures falling from technical resistance as traders across corn, soy, and wheat markets remain hesitant to send prices higher with lingering fundamental concerns and a USDA update due out early next week.

Livestock

Posted 08:36 -- February live cattle are down $0.45 at $220.35, January feeder cattle are down $0.83 at $329.05, February lean hogs are up $0.40 at $80.575, March corn is down 3 cents per bushel and January soybean meal is down $0.00. The Dow Jones Industrial Average is down 3.61 points and NASDAQ is down 54.54 points. Following Tuesday's sharply higher close, the cattle contracts are trading lower as traders look for fundamental reassurance to develop. No cash cattle trade has developed yet but asking prices are noted at $225 in Texas.

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