DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:42 -- March corn is down 1 3/4 cents per bushel, March soybeans are up 13 cents, March KC wheat is down 4 cents, March Chicago wheat is down 2 cents and MIAX March Minneapolis wheat is up 0.0150 cents. The Dow Jones Industrial Average is up 285.26 points. The U.S. Dollar Index is up 0.080 and March crude oil is up $0.33 per barrel. February gold is up $68.50 per ounce. Heading into Thursday's close bean oil is still sharply higher on short-covering. Funds are estimated to have bought 10,000 bean oil contracts and have bought an estimated 6,000 soybean contracts. Wheat and corn remain modestly lower. There is little other news justifying the bean oil strength, but traders are looking for the EPA to soon release a biofuel policy.

Posted 10:33 -- March corn is down 3/4 cent per bushel, March soybeans are up 15 1/2 cents, March KC wheat is down 3 cents, March Chicago wheat is down 1 3/4 cents and MIAX March Minneapolis wheat is up 0.0150 cents. The Dow Jones Industrial Average is up 449.07 points. The U.S. Dollar Index is down 0.010 and March crude oil is up $0.12 per barrel. February gold is up $81.40 per ounce. At midmorning, soybean oil and soybeans are soaring while corn and wheat are trading moderately lower in quiet trade. I have not heard what is driving the bean oil strength, but traders are still awaiting clarity on biofuel policies.

Posted 08:31 -- March corn is up 3 cents per bushel, March soybeans are up 12 cents, March KC wheat is up 4 cents, March Chicago wheat is up 4 1/2 cents and MIAX March Minneapolis wheat is up 0.0475 cents. The Dow Jones Industrial Average is up 146.69 points. The U.S. Dollar Index is down 0.140 and March crude oil is up $0.02 per barrel. February gold is up $100.30 per ounce. USDA: Private exporters reported the following sales: 150,000 mt (5.9 million bushels) of corn to Colombia for 2025-26 and 195,000 mt (7.7 mb) of corn to unknown destinations for 2025-26. Grain and soy markets are very firm to begin.

Livestock

Posted 11:36 -- April live cattle are up $0.53 at $235.1, March feeder cattle are up $1.78 at $359.45, April lean hogs are up $0.08 at $95.25, March corn is down 2 cents per bushel and March soybean meal is down $0.40. The Dow Jones Industrial Average is up 188.78 points and NASDAQ is up 4.74 points. The livestock complex is trading mostly higher into Wednesday's noon hour as traders continue to yearn to drive the contracts higher, but are waiting to see what else develops fundamentally before they'll do so in a big way. Still no cash cattle trade has developed but a single bid of $233 is on the table in Kansas.

Posted 08:38 -- April live cattle are up $0.03 at $234.6, March feeder cattle are up $0.55 at $358.225, April lean hogs are up $0.03 at $95.2, March corn is up 2 3/4 cents per bushel and March soybean meal is up $2.50. The Dow Jones Industrial Average is up 203.78 points and NASDAQ is up 43.56 points. The livestock complex is again off to a slightly stronger start as the market is no longer up against immediate resistance pressure. Still no cash cattle trade has developed and both bids and asking prices remain elusive at this point.

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