DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:55 -- July corn is up 5 3/4 cents per bushel, July soybeans are up 3 cents, September KC wheat is up 16 1/4 cents, July Chicago wheat is up 14 1/2 cents and MIAX September Minneapolis wheat is up 14 1/4 cents. The Dow Jones Industrial Average is up 160.56 points. The U.S. Dollar Index is up 0.120 and July crude oil is up $0.40 per barrel. August gold is up $44.70 per ounce. At midday, wheat and corn are sharply higher with soybeans and meal also firm. Talk is that the 372,000 mt sale of beans this morning may have been China with rumors they have already bought 500,000 mt this week, according to Ag Resource. Apparently, China has also shown interest on corn and wheat offers. Chicago spot wheat is now 41 cents above the low set on Monday.

Posted 10:29 -- July corn is up 4 1/4 cents per bushel, July soybeans are up 3 1/2 cents, September KC wheat is up 9 1/2 cents, July Chicago wheat is up 12 cents and MIAX September Minneapolis wheat is up 6 1/2 cents. The Dow Jones Industrial Average is up 175.64 points. The U.S. Dollar Index is up 0.140 and July crude oil is up $0.92 per barrel. August gold is up $20.30 per ounce. Grain and soy markets, with the exception of bean oil, remain higher. Despite crude oil being modestly firmer, bean oil has reversed to trade sharply lower.

Posted 08:31 -- July corn is up 4 3/4 cents per bushel, July soybeans are up 7 1/4 cents, September KC wheat is up 11 cents, July Chicago wheat is up 13 1/4 cents and MIAX September Minneapolis wheat is up 7 cents. The Dow Jones Industrial Average is up 4.67 points. The U.S. Dollar Index is up 0.090 and July crude oil is up $0.88 per barrel. August gold is down $1.40 per ounce. USDA: private exporters reported sales of 372,000 mt (13.7 mb) of soybeans to unknown destinations. Of the total, 60,000 mt (2.2 mb) is for 2025/2026, and 312,000 mt (11.5 mb) is for 2026/2027. Could part of this be China? Grain and soy markets are sharply higher to start.

Livestock

Posted 11:27 -- August live cattle are down $0.55 at $248.65, August feeder cattle are down $1.00 at $365.875, August lean hogs are up $1.13 at $96.175, July corn is up 4 3/4 cents per bushel and July soybean meal is down $0.20. The Dow Jones Industrial Average is up 221.32 points and the NASDAQ is up 42.45 points. No cash cattle trade has developed yet but asking prices are noted at $260 to $262 in Texas. Trade will likely be delayed until Thursday as feedlot managers are hopeful to get more money later this week.

Posted 08:36 -- August live cattle are down $0.70 at $248.5, August feeder cattle are down $0.60 at $366.275, August lean hogs are steady, July corn is up 4 1/4 cents per bushel and July soybean meal is up $2.50. The Dow Jones Industrial Average is up 49.66 points and the NASDAQ is up 83.42 points. Following Tuesday's higher run, the cattle contracts are trading in a more cautious manner, as traders hope to see some increased fundamental support. No cash cattle trade has developed yet, and no bids or asking prices have surfaced yet.

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