DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)
Grains

OMAHA (DTN) -- May corn is down 2 1/4 cents and May soybeans are down 19 3/4 cents. May KC wheat is down 4 3/4 cents, May Chicago wheat is down 6 1/4 cents, and May MIAX Minneapolis wheat is down 7 1/2 cents. April crude oil is down $0.02 and Dow Jones futures are up 124 points. The U.S. Dollar Index is down 0.05 and April gold is down $36.00. Row crop futures are lower to open the new week, with soybeans falling hard on reports that President Trump may delay his long-anticipated state visit to China (originally scheduled for the end of March) if China does not aid in reopening the Strait of Hormuz to oil trade. U.S. and Chinese officials met in Paris on Sunday for the first of a two-day meeting, with no breaking news emerging from those talks yet. Otherwise, geopolitical news and energy markets will likely continue to dominate headlines this week, with oil futures just marginally higher on Sunday evening.

Livestock

OMAHA (DTN) --

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