DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)
Grains

Posted 12:55 -- March corn is steady, March soybeans are up 1 1/4 cents, March KC wheat is up 3/4 cent, March Chicago wheat is up 1/4 cent and MIAX March Minneapolis wheat is down 0.0250 cents. The Dow Jones Industrial Average is up 237.27 points. The U.S. Dollar Index is up 0.190 and February crude oil is up $1.64 per barrel. February gold is up $45.40 per ounce. Heading into the weekend close, Index funds, on their rebalance, should be selling the soy complex and buying wheat and corn near the close. Rumors are circulating that China overnight bought another 600,000 mt to 800,000 mt (22 to 29 mb) of U.S. soybeans. The Supreme Court has reportedly delayed the vote on the Trump tariffs until next Wednesday.

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Posted 10:25 -- March corn is down 1/4 cent per bushel, March soybeans are up 5 1/4 cents, March KC wheat is up 1/4 cent, March Chicago wheat is down 1/2 cent and MIAX March Minneapolis wheat is unchanged. The Dow Jones Industrial Average is up 215.16 points. The U.S. Dollar Index is up 0.230 and February crude oil is up $1.66 per barrel. February gold is up $49.50 per ounce. At midmorning corn and wheat are hovering around unchanged and soybeans and products remain firm with bean oil accelerating gains. The strong rebound in crude oil futures likely is adding to strength.

Posted 08:31 -- March corn is down 1 1/4 cents per bushel, March soybeans are up 4 1/4 cents, March KC wheat is down 4 cents, March Chicago wheat is down 3 cents and MIAX March Minneapolis wheat is down 0.0050 cents. The Dow Jones Industrial Average is up 138.12 points. The U.S. Dollar Index is up 0.160 and February crude oil is up $1.13 per barrel. February gold is up $37.30 per ounce. USDA: private exporters reported sales of 198,000 mt (7.3 mb) of soybeans to unknown destinations for 2025/2026. Corn and wheat are down slightly with soybeans and products in the black. The sale above could very well be China.

Livestock

OMAHA (DTN) -- Posted 11:28 -- February live cattle are down $1.60 at $233.675, March feeder cattle are down $3.30 at $354.425, February lean hogs are down $0.40 at $85.475, March corn is up 1 1/2 cents per bushel and March soybean meal is up $0.40. The Dow Jones Industrial Average is up 294.31 points and NASDAQ is up 187.63 points. Some more light cash cattle trade should develop in the South before the week's over. Currently live bids of $232 are on the table in Texas, Kansas and Nebraska -- but no new trades have developed following the light business that happened on Thursday in Nebraska at $365, which is $5.00 higher than last week's weighted average.

Posted 08:34 -- February live cattle are up $0.03 at $235.3, March feeder cattle are up $0.53 at $358.25, February lean hogs are down $0.78 at $85.1, March corn is down 1 1/4 cents per bushel and March soybean meal is down $0.30. The Dow Jones Industrial Average is up 144.23 points and NASDAQ is down 0.70 points. Following the light cash cattle trade that developed in the North on Thursday, currently no new bids are being offered. Asking prices are noted at $235 to $237 in the South and at $367-plus in the North.

Join DTN Lead Analyst Rhett Montgomery for the latest insights on the USDA's supply and demand estimates, plus details from the Grain Stocks and Wheat/Canola Seedings reports. RSVP to hold your spot: dtn.link/cgj6zr

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