DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)
Grains

OMAHA (DTN) -- Posted 12:46 -- May corn is down 3 cents per bushel, May soybeans are down 1 1/4 cents, May KC wheat is down 6 1/2 cents, May Chicago wheat is down 6 1/2 cents and MIAX May Minneapolis wheat is down 4 cents. The Dow Jones Industrial Average is up 303.54 points. The U.S. Dollar Index is down 0.150 and April crude oil is up $0.40 per barrel. April gold is up $10.20 per ounce. Heading into the Wednesday close, grain and soy markets are down in unison, with only bean oil trading in the green. There is very little news, but still no sign of China showing interest in more costly U.S. soybeans.

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Posted 10:32 -- May corn is down 5 3/4 cents per bushel, May soybeans are down 1 cent, May KC wheat is down 8 3/4 cents, May Chicago wheat is down 8 1/4 cents and MIAX May Minneapolis wheat is down 6 1/2 cents. The Dow Jones Industrial Average is up 288.78 points. The U.S. Dollar Index is down 0.190 and April crude oil is down $0.63 per barrel. April gold is up $36.30 per ounce. At midmorning, grain and soy markets with the exception of bean oil are lower, led by wheat and corn. Equities, crude oil and the U.S. dollar have normalized a bit from the extreme volatility this week.

Posted 08:32 -- May corn is down 3 3/4 cents per bushel, May soybeans are up 1 3/4 cents, May KC wheat is down 6 3/4 cents, May Chicago wheat is down 6 1/4 cents and MIAX May Minneapolis wheat is down 4 1/2 cents. The Dow Jones Industrial Average is up 131.61 points. The U.S. Dollar Index is down 0.190 and April crude oil is down $0.07 per barrel. April gold is up $68.30 per ounce. USDA: Private exporters reported sales of 125,000 mt (4.9 million bushels) of corn to unknown destinations for 2025-26. Grain and soy markets are mixed to mostly lower early Wednesday. Both crude and soybean oil are correcting modestly from the recent strength.

Livestock

Posted 11:42 -- April live cattle are up $3.10 at $237.225, April feeder cattle are up $5.70 at $359. April lean hogs are up $1.10 at $96.85, May corn is down 3 3/4 cents per bushel and May soybean meal is down $3.80. The Dow Jones Industrial Average is up 285.62 points and the NASDAQ is up 314.04 points. The livestock complex is rallying into midday Wednesday as the market sees additional trader interest and support helping drive the contracts higher. Still no trade has developed in the fed cash cattle market, but a bid has surfaced in Nebraska at $375.00.

Posted 08:36 -- April live cattle are up $2.25 at $236.375, April feeder cattle are up $2.78 at $356.075, April lean hogs are up $0.23 at $95.975, May corn is down 3 1/4 cents per bushel and May soybean meal is down $0.20. The Dow Jones Industrial Average is up 195.91 points and NASDAQ is up 149.66 points. The livestock complex is off to a stronger start, with the cattle complex seeing a sizeable rally at Wednesday's start. Still no cash cattle trade has developed and trade will likely be delayed until Thursday or Friday.

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