DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)
Grains

OMAHA (DTN) -- Posted 10:30 -- September corn is down 1 1/4 cents per bushel, November soybeans are down 9 1/4 cents, September KC wheat is up 3 1/2 cents, September Chicago wheat is down 3/4 cent and MIAX September Minneapolis wheat is up 6 3/4 cents. The Dow Jones Industrial Average is up 154.93 points. The U.S. Dollar Index is up 0.050 and August crude oil is down $0.75 per barrel. August gold is up $4.50 per ounce. At midmorning, soybean and soy product losses are accelerating with a mostly bearish outlook for soy acreage and technical selling and big deliveries in bean oil. Corn and wheat are mixed in quiet trade.

Posted 08:35 -- September corn is down 1/4 cent per bushel, November soybeans are down 6 cents, September KC wheat is down 1 1/2 cents, September Chicago wheat is down 1 3/4 cents and MIAX September Minneapolis wheat is up 1 3/4 cents. The Dow Jones Industrial Average is down 119.91 points. The U.S. Dollar Index is up 0.220 and August crude oil is up $0.18 per barrel. August gold is down $2.90 per ounce. Corn is little changed, wheat mixed and soybeans and soy products are lower. Soybean oil is under heavy selling pressure following greater-than-expected deliveries against the July contract. USDA: Private exporters reported sales of 100,000 mt (3.7 mb) of hard red spring wheat to Nigeria for 2026/2027.

Livestock

Posted 08:36 -- August live cattle are down $0.30 at $243.275, August feeder cattle are down $0.53 at $366.95, August lean hogs are up $0.83 at $98.1, September corn is steady and July soybean meal is down $2.50. The Dow Jones Industrial Average is down 107.75 points. Another very slow start to the day in cash cattle country with bids and asking prices yet to be established. Significant trade volume could take place as early as Wednesday or Thursday due the Independence Day holiday. The CME Feeder Index for June 26 2026, was $0.50 lower at $380.39, he projected CME Lean Hog Index for June 26, 2026, was down $0.14, at $91.41.

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