DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:54 -- March corn is down 24 3/4 cents per bushel, March soybeans are down 14 1/4 cents, March KC wheat is down 5 1/4 cents, March Chicago wheat is down 7 1/4 cents and MIAX March Minneapolis wheat is down 0.0125 cents. The Dow Jones Industrial Average is up 19.12 points. The U.S. Dollar Index is down 0.240 and February crude oil is up $0.06 per barrel. February gold is up $115.60 per ounce. Corn, soybeans and wheat are falling hard at midday following the shockingly bearish yield, production, stocks and acreage reports from the USDA. Corn and soy yields hit records, with corn production and December 1 stocks reaching the same milestone. Harvested corn acres also surged by an unexpected 1.3 million acres, while both soybean and wheat ending stocks also rose.

Posted 10:30 -- March corn is up 2 1/4 cents per bushel, March soybeans are up 8 1/4 cents, March KC wheat is up 13 3/4 cents, March Chicago wheat is up 10 cents and MIAX March Minneapolis wheat is up 0.0625 cents. The Dow Jones Industrial Average is down 86.26 points. The U.S. Dollar Index is down 0.310 and February crude oil is up $0.07 per barrel. February gold is up $129.10 per ounce. Just ahead of the January USDA report, set to be released in 30 minutes, corn, soybeans, bean oil, and all three wheat markets are higher. Both KC wheat and bean oil are leading the way up, while soymeal is modestly lower. Traders are waiting for what is typically a market-moving report.

Posted 08:31 -- March corn is up 1 cent per bushel, March soybeans are up 5 cents, March KC wheat is up 7 3/4 cents, March Chicago wheat is up 6 1/2 cents and MIAX March Minneapolis wheat is up 0.0475 cents. The Dow Jones Industrial Average is down 382.34 points. The U.S. Dollar Index is down 0.300 and February crude oil is down $0.29 per barrel. February gold is up $106.00 per ounce. USDA: private exporters reported the following sales activity: 204,000 mt (8 mb) of corn to South Korea for 2025-26 and 310,000 mt (12.2 mb) of corn to unknown destinations for 2025-26. Grain and soy markets are firmer ahead of the January USDA crop production and stocks report.

Posted 19:09 on 01/11/26 -- March corn is down 1/4 cents, and March soybeans are up 1 1/4 cents. March KC wheat is up 3 cents, March Chicago wheat is up 1 1/4 cents, and March MIAX Minneapolis wheat is up 1 1/2 cents. February crude oil is up $0.18, and Dow Jones futures are down 183 points. The U.S. Dollar Index is down 0.21, and February gold is up $101.80. Grains are mixed ahead of Monday morning's USDA data drop, which will feature three pivotal reports that will likely set the tone for the markets for the next several weeks. Row crop futures enjoyed a decent price bounce last week but were unable to make any significant bullish breakthroughs, with traders obviously cautious ahead of Monday's figures. Other news for the markets is slim, but weather will play an increasingly important role, specifically for growing U.S. winter wheat as well as South American corn and soybean crops, with harvests now on the horizon.

Livestock

Posted 08:31 -- February live cattle are up $0.53 at $234.25, March feeder cattle are up $0.35 at $355.05, February lean hogs are down $0.20 at $85.1, March corn is up 1 1/4 cents per bushel and March soybean meal is down $1.00. The Dow Jones Industrial Average is down 352.05 points and NASDAQ is down 72.37 points. At Friday's close, we hadn't seen any Southern cattle traded in the fed cash cattle market. But later in the afternoon, sales were marked anywhere from $232 to $233, which is $1.00 to $2.00 higher than the previous week's weighted average. The uptick in the fed cash cattle market is most likely why traders are willing to advance the cattle contracts Monday morning.

Posted 11:30 -- February live cattle are up $1.28 at $235, March feeder cattle are up $0.60 at $355.3, February lean hogs are down $1.20 at $84.1, March corn is down 17 1/4 cents per bushel and March soybean meal is down $5.10. The Dow Jones Industrial Average is down 80.01 points and the NASDAQ is up 77.53 points. The livestock complex is trading mixed into Monday's noon hour as the cattle contracts are trading a tick higher, but the lean hog contracts are trading lower. New showlists appear to be lower in all major feeding areas.

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

(c) Copyright 2026 DTN, LLC. All rights reserved.