DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:54 -- May corn is up 2 1/2 cents per bushel, May soybeans are down 1 3/4 cents, July KC wheat is down 4 1/4 cents, July Chicago wheat is up 5 1/2 cents and MIAX July Minneapolis wheat is up 1 1/4 cents. The Dow Jones Industrial Average is down 97.47 points. The U.S. Dollar Index is down 0.030 and June crude oil is up $4.79 per barrel. June gold is down $50.70 per ounce. Headed into the Monday close, Kansas City May wheat has now fallen 17 cents from the high to trade lower. Soybeans and soymeal have been down all day. Corn is moderately higher. Reports of wheat conditions declining are circulating with traders expecting a 2 to 4 percentage point decline in good to excellent. Some concern is growing over a very dry forecast for Brazil's safrinha corn areas.

Posted 10:31 -- May corn is up 3 1/4 cents per bushel, May soybeans are down 2 cents, July KC wheat is up 6 cents, July Chicago wheat is up 8 3/4 cents and MIAX July Minneapolis wheat is up 3 1/2 cents. The Dow Jones Industrial Average is down 51.72 points. The U.S. Dollar Index is down 0.050 and June crude oil is up $4.27 per barrel. June gold is down $54.70 per ounce. At midmorning soybeans and soymeal are under a bit of pressure while corn, wheat and bean oil remain higher. Bean oil is getting support from the strong crude market. Volatility will continue to be an issue pending the outcome of Monday-Tuesday peace talks in Pakistan, if they occur.

Posted 08:32 -- May corn is down 1 3/4 cents per bushel, May soybeans are down 4 1/2 cents, July KC wheat is up 2 1/4 cents, July Chicago wheat is up 1/4 cent and MIAX July Minneapolis wheat is up 1 cent. The Dow Jones Industrial Average is up 36.63 points. The U.S. Dollar Index is up 0.060 and June crude oil is up $3.21 per barrel. June gold is down $40.20 per ounce. Corn, soybeans and soymeal are slightly lower, while wheat and bean oil are moderately higher. Crude oil is starting to set back from earlier gains but remains higher as uncertainty continues over the direction of the Iran conflict.

Posted 19:06 on 4/19/2026 -- May corn is up 1 1/2 cents and May soybeans are up 1 1/2 cents. May KC wheat is up 7 cents, May Chicago wheat is up 4 cents, and May MIAX Minneapolis wheat is up 2 1/4 cents. June crude oil is up $6.11 and Dow Jones futures are down 485 points. The U.S. Dollar Index is up 0.20 and June gold is down $109.10. Row crop markets are higher to begin the new week, taking strength from surging energy markets. Wheat futures are also higher on concerning weather and conditions across the U.S. Plains, including freezing temps early in the weekend. Meanwhile, it took less than 72 hours for the pendulum to once again swing the other direction regarding the conflict in the Middle East, with Iran reversing on their Friday announcement that the Strait of Hormuz was open to commercial traffic, citing the U.S. blockade as the reasoning. It was also reported on Sunday that the U.S. has seized an Iranian vessel in the Strait. Vice President Vance heads to Pakistan again on Monday for a new round of negotiations ahead of the ceasefire expiration on Tuesday, though it is unclear if Iran will take part. Otherwise, traders will continue to eye planting progress and early growing season weather in the U.S., with the next USDA Crop Progress update due out Monday afternoon at 3 p.m. CDT.

Livestock

Posted 11:40 -- June live cattle are down $0.30 at $247.05, May feeder cattle are down $1.48 at $363.8, June lean hogs are up $0.65 at $101.7, May corn is up 5 cents per bushel and July soybean meal is down $4.40. The Dow Jones Industrial Average is down 77.84 points and NASDAQ is down 126.42 points. New showlists appear to be modestly lower in Kansas, and lower in Texas and Nebraska/Colorado. The livestock complex is trading mixed as traders yearn to push the contracts higher but need to see continued fundamental support before doing so confidently.

Posted 08:42 -- June live cattle are up $1.33 at $248.675, May feeder cattle are up $1.95 at $367.225, June lean hogs are up $0.45 at $101.5, May corn is down 3/4 cent per bushel and July soybean meal is down $4.70. The Dow Jones Industrial Average is up 10.46 points and NASDAQ is down 43.09 points. The livestock complex is off to a stronger start as traders hope to see fundamental support this week and move the contracts higher if support surfaces. For the cattle contracts, Friday's bullish Cattle on Feed report could be helping to push the contracts higher.

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