DTN's Quick Takes
Periodic Updates on the Grains, Livestock Futures Markets
OMAHA (DTN) -- Posted 10:28 -- July corn is down 4 1/4 cents per bushel, July soybeans are down 8 3/4 cents, July KC wheat is down 19 1/4 cents, July Chicago wheat is down 8 1/2 cents and MIAX July Minneapolis wheat is down 14 cents. The Dow Jones Industrial Average is down 101.02 points. The U.S. Dollar Index is down 0.110 and June crude oil is down $2.61 per barrel. June gold is up $54.90 per ounce. At midmorning, grain and soy markets remain sharply lower, led by KC wheat and bean oil futures. Soybean meal is bucking the bearish trend with a small gain. Spot crude oil has bounced and is down but about mid-range. The results of Iran's acceptance or refusal to accept the peace plan will likely lead to the next move. Volatility should remain high.
Posted 08:32 -- July corn is down 4 3/4 cents per bushel, July soybeans are down 6 cents, July KC wheat is down 12 3/4 cents, July Chicago wheat is down 5 1/2 cents and MIAX July Minneapolis wheat is down 8 1/2 cents. The Dow Jones Industrial Average is up 147.54 points. The U.S. Dollar Index is down 0.180 and June crude oil is down $3.71 per barrel. June gold is up $64.10 per ounce. Grain and soy markets with the exception of soymeal are under selling pressure early Thursday. Talk that a peace deal with Iran may be close at hand and the continued plunge in crude oil has weighed on grains along with the rapid pace of planting progress.
LivestockPosted 08:43 -- June live cattle are down $2.50 at $250.975, August feeder cattle are down $3.93 at $369.125, June lean hogs are down $0.23 at $99.475, July corn is down 6 3/4 cents per bushel and July soybean meal is up $3.00. The Dow Jones Industrial Average is up 61.56 points and the NASDAQ is up 53.67 points. The livestock complex is off to a weaker start as traders long to see greater fundamental support. Still no substantial cash cattle trade has developed and no bids are currently on the table.
(c) Copyright 2026 DTN, LLC. All rights reserved.
P[L1] D[0x0] M[300x250] OOP[F] ADUNIT[] T[]