DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:48 -- March corn is down 3 1/2 cents per bushel, March soybeans are down 5 cents, March KC wheat is down 9 1/2 cents, March Chicago wheat is down 10 1/4 cents and MIAX March Minneapolis wheat is down 1 cent. The Dow Jones Industrial Average is up 512.34 points. The U.S. Dollar Index is up 1.360 and March crude oil is down $3.34 per barrel. April gold is down $57.60 per ounce. Just 30 minutes ahead of the Monday close corn, wheat, soybeans and bean oil remain down hard. Soymeal is modestly firmer. The rapid acceleration of Brazil corn planting and soy harvesting along with a more favorable Argentine forecast appear to be weighing on values.

Posted 10:38 -- March corn is down 4 cents per bushel, March soybeans are down 4 1/2 cents, March KC wheat is down 11 1/2 cents, March Chicago wheat is down 11 cents and MIAX March Minneapolis wheat is down 8 1/2 cents. The Dow Jones Industrial Average is up 420.23 points. The U.S. Dollar Index is up 1.250 and March crude oil is down $3.36 per barrel. April gold is down $51.60 per ounce. At midmorning, corn, wheat and soybeans remain under heavy pressure as the dollar is sharply higher and Brazil's corn planting and soy harvesting is well ahead of normal pace.

Posted 08:31 -- March corn is down 1 3/4 cents per bushel, March soybeans are down 4 1/2 cents, March KC wheat is down 3 3/4 cents, March Chicago wheat is down 3 3/4 cents and MIAX March Minneapolis wheat is down 3 cents. The Dow Jones Industrial Average is down 142.64 points. The U.S. Dollar Index is up 1.190 and March crude oil is down $2.90 per barrel. April gold is up $0.70 per ounce. Grain and soy markets are mostly lower early Monday, pressured by weak outside markets and the rapid advance in both Brazil planting and harvesting pace on corn and soy.

Posted 19:10 Sunday -- March corn is down 2 cents and March soybeans are down 2 3/4 cents. March KC wheat is down 3 1/4 cents, March Chicago wheat is down 2 1/4 cents, and March MIAX Minneapolis wheat is down 2 1/4 cents. March crude oil is down $2.20 and Dow Jones futures are up 11 points. The U.S. Dollar Index is up 0.87 and April gold is up $10.10. Row crop futures are mostly lower to start the new week and the month of February, carrying over weakness from a sluggish Friday session. Pressuring soybean futures is the fast start to Brazil's likely record large 2026 soybean harvest, at 25% complete in Mato Grosso as of last week, the fastest start of the past five years. There is rainfall picking up in the next two weeks' forecast, however, which may work to slow that pace. Meanwhile, wheat markets are sitting among two-month highs on a short-covering burst last week, but will face technical obstacles to higher prices this week. Finally, the corn market made some bullish waves last week but has lacked fresh bullish fundamental news to fuel a breakout following the January WASDE's bearish findings and the concerning weather in Argentina thus far mostly effecting early planted corn.

Livestock

Posted 11:36 -- April live cattle are up $3.65 at $240.45, March feeder cattle are up $7.88 at $368.15, April lean hogs are up $2.13 at $97.275, March corn is down 3 cents per bushel and March soybean meal is up $0.40. The Dow Jones Industrial Average is up 481.16 points. All is quiet in cash cattle country at midday with bids and asking prices not established. Significant trade volume will likely be delayed until much later in the week. New showlists appear to be lower in all major feeding states, somewhat lower in Texas, but lower in Kansas, Nebraska/Colorado. Beef cutouts are higher at midday (choice 367.70 +2.14, select 364.29 +2.35) with light to moderate box movement (20 lds of choice cuts, 05 lds of select cuts, 03 lds of trim, and 04 lds of ground), with a choice/select spread of $3.41. Monday's projected cattle slaughter is 105,000. Pork cutouts at midday are 96.65, +2.43, with 163.86 total loads. Monday's projected hog slaughter is 489,000.

Posted 08:37 -- April live cattle are up $2.25 at $239.05, March feeder cattle are up $3.93 at $364.2, April lean hogs are up $0.83 at $95.975, March corn is down 2 cents per bushel and March soybean meal is up $0.20. The Dow Jones Industrial Average is down 117.13 points. It will likely be a very typical Monday with the cash cattle trade at a near standstill. Bids and asking prices will probably not develop until later in the week. The CME Feeder Index for Jan. 29, 2026, was $4.00 higher at $370.69, the projected CME Lean Hog Index for Jan. 29, 2026, was up $0.07, at $85.78.

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