DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)
Grains

OMAHA (DTN) -- Posted 08:32 -- December corn is up 4 cents per bushel, November soybeans are up 8 1/4 cents, September KC wheat is down 2 1/2 cents, September Chicago wheat is down 1/4 cent and MIAX September Minneapolis wheat is down 1/4 cent. The Dow Jones Industrial Average is down 571.62 points. The U.S. Dollar Index is up 0.280 and September crude oil is up $4.08 per barrel. August gold is down $87.30 per ounce. USDA: Private exporters reported sales of 126,000 mt (4.6 million bushels) of soybeans to unknown destinations for 2026/2027. Corn, soybeans and soy products continue to march higher while wheat takes a breather from recent gains.

Livestock

Posted 08:35 -- October live cattle are up $0.55 at $219.75, September feeder cattle are up $1.25 at $337.45, October lean hogs are down $0.18 at $88.175, December corn is up 2 1/2 cents per bushel and December soybean meal is up $0.30. The Dow Jones Industrial Average is down 366.94 points and the NASDAQ is down 427.81 points. Following Wednesday's mixed close, the cattle contracts have again found some technical support which is helping push the contracts higher. Bids of $360 are currently on the table in Nebraska, but otherwise the cash market is quiet.

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