DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 08:31 -- May corn is down 1 1/4 cents per bushel, May soybeans are down 2 cents, July KC wheat is up 13 1/2 cents, May Chicago wheat is up 5 3/4 cents and MIAX July Minneapolis wheat is up 8 1/2 cents. The Dow Jones Industrial Average is up 159.67 points. The U.S. Dollar Index is up 0.140 and May crude oil is up $0.77 per barrel. June gold is up $13.90 per ounce. Wheat and bean oil futures are stronger, corn mixed with spot May lower and soybeans and soymeal lower to start in quiet trade.

Livestock

Posted 08:37 -- June live cattle are up $0.33 at $251.4, May feeder cattle are up $1.80 at $372.75, June lean hogs are down $0.40 at $101.55, May corn is down 1 1/4 cents per bushel and May soybean meal is down $2.10. The Dow Jones Industrial Average is up 128.14 points and NASDAQ is up 0.67 points. Beef: Net sales of 12,100 MT for 2026 were down 31 percent from the previous week, but up 12 percent from the prior 4-week average. Increases were primarily for South Korea (4,900 MT, including decreases of 500 MT), Japan (2,400 MT, including decreases of 400 MT), Mexico (1,400 MT), Taiwan (1,300 MT, including 100 MT switched from Hong Kong and decreases of 200 MT), and Canada (400 MT). Exports of 13,400 MT were up 1 percent from the previous week, but down 2 percent from the prior 4-week average. The destinations were primarily to South Korea (4,200 MT), Japan (3,000 MT), Hong Kong (1,500 MT), Mexico (1,400 MT), and Taiwan (1,100 MT).

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