DTN's Quick Takes

By DTN Analysts

Grains

Posted 10:35 -- March corn is up 1/2 cent per bushel, January soybeans are down 9 3/4 cents, March KC wheat is down 5 1/4 cents, March Chicago wheat is down 2 cents and MIAX March Minneapolis wheat is up 0.0050 cents. The Dow Jones Industrial Average is down 157.07 points. The U.S. Dollar Index is up 0.180 and January crude oil is down $0.87 per barrel. February gold is down $18.90 per ounce. Soybeans and soymeal are continuing to freefall, with January beans under heavy pressure and down for the sixth time in the past seven days while meal is headed for a seventh straight lower finish. The catch-up export sales for the week of Nov. 6 showed a marketing-year-low in beans and the lowest meal exports in six weeks. Corn is little changed and wheat is mixed to mostly lower.

Posted 08:35 -- March corn is up 2 cents per bushel, January soybeans are up 1/4 cent, March KC wheat is steady, March Chicago wheat is up 3 3/4 cents and MIAX March Minneapolis wheat is up 0.0200 cents. The Dow Jones Industrial Average is down 62.72 points. The U.S. Dollar Index is down 0.040 and January crude oil is down $0.91 per barrel. February gold is down $4.60 per ounce. USDA: private exporters reported sales of 132,000 mt (4.9 mb) of soybeans to China for 2025/2026. Markets are quiet one day before the December WASDE report, with corn, wheat and beans little changed in slow trade.

Posted 12/07/25 19:04 -- March corn is down 1/4 cents and January soybeans are down 4 1/4 cents. March KC wheat is down 2 1/4 cents, March Chicago wheat is down 2 cents, and March MIAX Minneapolis wheat is unchanged. January crude oil is down $0.10 and Dow Jones futures are down 5 points. The U.S. Dollar Index is down 0.06 and February gold is down $12.30. Trader attention will shift this week to the USDA update on Tuesday which will be a demand focused report. Corn and wheat bulls will undoubtedly be looking for revisions higher in export demand given the strong pace through respective marketing years thus far. Meanwhile, soybean traders are likely nervous USDA will again cut the demand outlook as the lack of up to date sales reports has left the export program to China on shaky ground in the minds of traders in recent weeks, with known sales to China thus far amounting to only 23% of the publicized goal of 12 million metric tons (mmt), now with an extended deadline to the end of February.

Livestock

OMAHA (DTN) -- February live cattle are down $0.33 at $226.825, January feeder cattle are down $3.83 at $335.225, February lean hogs are down $0.15 at $82.125, March corn is down 1 cent per bushel and January soybean meal is down $0.70. The Dow Jones Industrial Average is down 221.25 points and NASDAQ is down 77.83 points. The livestock complex is trading mostly lower into Monday's noon hour. Following last week's sharp rally, and with both the live cattle and feeder cattle contracts nearing their 40-day and 100-day moving averages, traders will need to see more fundamental support before they'll challenge those moving averages.

Posted 08:36 -- February live cattle are down $0.60 at $226.55, January feeder cattle are down $1.83 at $337.225, February lean hogs are up $0.05 at $82.325, March corn is up 1 1/2 cents per bushel and January soybean meal is up $0.60. The Dow Jones Industrial Average is down 89.99 points and NASDAQ is up 81.60 points. The livestock complex is mostly lower to start Monday as the market longs to see continued fundamental support following last week's rally. It will be especially interesting to see how many cattle traded in last week's market given that prices were substantially higher; it could also indicate how aggressive packers will be in this week's market.

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