DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 08:30 -- May corn is down 5 cents per bushel, May soybeans are down 9 3/4 cents, May KC wheat is down 13 1/4 cents, May Chicago wheat is down 11 1/4 cents and MIAX July Minneapolis wheat is down 7 3/4 cents. The Dow Jones Industrial Average is up 307.23 points. The U.S. Dollar Index is down 0.530 and May crude oil is down $1.22 per barrel. June gold is up $82.80 per ounce. Along with speculation that the Iran conflict could end soon, grain and soy markets are under pressure early Wednesday. Later in the evening, President Trump is slated to give a speech to the American people with an update on the war efforts. Wednesday night is likely to have some volatile trade in response.

Livestock

Posted 08:38 -- June live cattle are up $0.20 at $243.475, May feeder cattle are up $0.28 at $366.75, June lean hogs are up $0.50 at $105.55, May corn is down 5 1/4 cents per bushel and May soybean meal is down $0.00. The Dow Jones Industrial Average is up 367.25 points. All remains quiet in cattle feeding country Wednesday morning with bids and asking prices still not fully established. It is looking like significant trade volume will likely be delayed until sometime Thursday or possibly Friday. The CME Feeder Index for March 30, 2026, was $0.81 higher at $365.93; the projected CME Lean Hog Index for March 30, 2026, was down $0.28, at $90.48.

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