DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:46 -- July corn is down 5 3/4 cents per bushel, July soybeans are down 7 1/4 cents, July KC wheat is down 3 cents, July Chicago wheat is down 2 1/4 cents and MIAX July Minneapolis wheat is down 10 1/2 cents. The Dow Jones Industrial Average is down 35.00 points. The U.S. Dollar Index is up 0.230 and July crude oil is up $4.24 per barrel. August gold is down $68.10 per ounce. Heading for the Monday close only soybean oil is trading in the black, while wheat, corn, beans and meal are all lower. After Iran said they had halted talks with the U.S. on a peace plan, spot crude oil rallied nearly $7 per barrel and is now up $4.30. The Iran comments seemed to stem from Israel still striking Hezbollah targets in Lebanon. Let the uncertainty continue. On a good news front, rumors have China seeking U.S. sorghum.

Posted 10:29 -- July corn is down 5 1/4 cents per bushel, July soybeans are down 3 3/4 cents, July KC wheat is up 1 1/2 cents, July Chicago wheat is up 2 3/4 cents and MIAX July Minneapolis wheat is down 5 cents. The Dow Jones Industrial Average is down 149.41 points. The U.S. Dollar Index is up 0.360 and July crude oil is up $6.31 per barrel. August gold is down $94.40 per ounce. Corn, soybeans and soymeal are now lower, while bean oil has risen to another new high and wheat is mixed to mostly better. Crude oil is surging on the news that Iran has stopped negotiating with the U.S. on a peace plan.

Posted 08:31 -- July corn is up 2 cents per bushel, July soybeans are up 6 1/2 cents, July KC wheat is up 10 1/2 cents, July Chicago wheat is up 8 cents and MIAX July Minneapolis wheat is up 1 1/2 cents. The Dow Jones Industrial Average is down 181.82 points. The U.S. Dollar Index is up 0.350 and July crude oil is up $5.06 per barrel. August gold is down $96.40 per ounce. Grain and soy markets are firmer early Monday, led by wheat, bean oil and soybeans. The wheat and corn markets had become extremely oversold and uncertainty remains over the proposed extension of the Iran ceasefire.

Posted 19:08 Sunday -- On Sunday evening, July corn is down 1 1/2 cents per bushel, July soybeans are down 1/4 cent, July Kansas City wheat is up 1/2 cent, July Chicago wheat is down 1/4 cent and MIAX July Minneapolis wheat is down 2 cents. The Dow Jones futures are up 57 points. The U.S. Dollar Index is up 0.120 and July crude oil is up $2.14 per barrel. August gold is down $24.60 per ounce. Weekend weather was active across the central Plains and western Midwest and the forecast seems to have trended wetter into mid-June. The U.S.-Iran ceasefire proposal has not been signed yet, and the market is still uncertain as crude oil futures are moderately higher early Sunday evening. Corn and soy start modestly weaker while wheat is mixed.

Livestock

Posted 11:37 -- August live cattle are up $1.48 at $240.525, August feeder cattle are up $3.68 at $352.1, July lean hogs are up $0.58 at $100.075, July corn is down 5 cents per bushel and July soybean meal is down $3.20. The Dow Jones Industrial Average is down 164.24 points and the NASDAQ is up 92.00 points. The livestock contracts are trading mixed into Monday's noon hour as the cattle contracts are pleased to see midday boxed beef prices higher so they're trading slightly stronger, but the lean hog contracts continue to drift lower. New showlists appear to be mixed, higher in Texas, somewhat higher in Nebraska/Colorado, and lower in Kansas.

Posted 08:37 -- August live cattle are up $0.03 at $239.075, August feeder cattle are down $0.20 at $348.225, July lean hogs are up $0.45 at $99.95, July corn is down 1/2 cent per bushel and July soybean meal is down $1.90. The Dow Jones Industrial Average is down 137.60 points and the NASDAQ is up 4.26 points. Following last week's disappointing trade amid traders not finding enough fundamental support in the marketplace, the livestock contracts are off to a mixed start. It will be imperative to note exactly how many cattle traded in last week's cash trade as that could indicate how aggressive packers could be in this week's cash market.

(c) Copyright 2026 DTN, LLC. All rights reserved.