DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)
Grains

OMAHA (DTN) -- Posted 12:38 -- March corn is down 1 cent per bushel, January soybeans are down 2 3/4 cents, March KC wheat is down 1 cent, March Chicago wheat is up 2 1/4 cents and MIAX March Minneapolis wheat is up 0.0300 cents. The Dow Jones Industrial Average is up 297.19 points. The U.S. Dollar Index is up 0.170 and February crude oil is up $0.62 per barrel. February gold is up $16.40 per ounce. It has been a slow trading day but heading into the Friday close, corn and soybeans are still modestly lower while wheat is mixed in low volume and narrow-range trade. It seems like the holiday doldrums have begun early.

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Posted 10:29 -- March corn is down 1 1/2 cents per bushel, January soybeans are down 3 1/2 cents, March KC wheat is down 2 1/4 cents, March Chicago wheat is up 1/4 cent and MIAX March Minneapolis wheat is up 0.0250 cents. The Dow Jones Industrial Average is up 295.31 points. The U.S. Dollar Index is up 0.230 and February crude oil is up $0.39 per barrel. February gold is up $16.20 per ounce. Soybeans and bean oil continue to leak lower with January beans down six straight days and January bean oil is down for the sixth time in the past seven days to the lowest level since June. Corn is mildly weaker and wheat is a mixed bag.

Posted 08:30 -- March corn is down 1/2 cent per bushel, January soybeans are down 1 1/4 cents, March KC wheat is down 2 cents, March Chicago wheat is down 1 cent and MIAX March Minneapolis wheat is up 0.0150 cents. The Dow Jones Industrial Average is up 135.51 points. The U.S. Dollar Index is up 0.120 and February crude oil is up $0.38 per barrel. February gold is down $4.30 per ounce. USDA: Private exporters reported sales of 134,000 mt (4.9 mb) of soybeans for delivery to China during the 2025-26 marketing year. Grain and soy markets are quite a bit weaker early Friday.

Livestock

Posted 11:34 -- February live cattle are up $3.10 at $231.5, January feeder cattle are up $6.60 at $346.875, February lean hogs are up $0.58 at $84.7, March corn is down 3/4 cent per bushel and January soybean meal is down $0.30. The Dow Jones Industrial Average is up 284.37 points and NASDAQ is up 264.88 points. Currently traders are pushing the livestock contracts higher into Friday's noon hour. Expect a fair amount of business to develop later this afternoon as still no Southern cattle have traded and the monthly Cattle on Feed report will be released.

Posted 08:34 -- February live cattle are up $0.93 at $229.325, January feeder cattle are up $1.65 at $341.925, February lean hogs are down $0.83 at $83.3, March corn is down 3/4 cent per bushel and January soybean meal is down $0.80. The Dow Jones Industrial Average is up 149.55 points and NASDAQ is up 116.37 points. The cattle complex is trading higher Friday morning as traders acknowledge the stronger trade in the fed cash cattle market. No trade has developed yet in the South, so be on the lookout for developments there, and do note that later this afternoon the monthly Cattle on Feed report will be shared.

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