DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)
Grains

OMAHA (DTN) -- Posted 12:53 -- December corn is up 3 1/4 cents per bushel, November soybeans are up 8 1/4 cents, September KC wheat is down 2 1/4 cents, September Chicago wheat is down 7 1/4 cents and MIAX September Minneapolis wheat is up 1 1/2 cents. The Dow Jones Industrial Average is down 575.31 points. The U.S. Dollar Index is up 0.330 and September crude oil is up $6.28 per barrel. August gold is down $107.10 per ounce. Heading for the Thursday finish, corn and soybeans are still up while wheat is mixed to mostly higher. The weather remains mostly bullish with a dry 10 days ahead for the Plains and the western belt. War premium has been added as two of the major corn and wheat exporters have slowed activity from the Black Sea.

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Posted 10:36 -- December corn is up 1/2 cent per bushel, November soybeans are up 3 3/4 cents, September KC wheat is down 3 cents, September Chicago wheat is down 6 1/4 cents and MIAX September Minneapolis wheat is down 2 1/2 cents. The Dow Jones Industrial Average is down 597.39 points. The U.S. Dollar Index is up 0.410 and September crude oil is up $5.58 per barrel. August gold is down $100.90 per ounce. At midmorning, corn and soymeal have given up early gains and soybeans have retreated from the highs. Crude oil is up close to $6 per barrel and equities are under heavy pressure.

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 11:46 -- October live cattle are up $1.45 at $220.65, September feeder cattle are up $3.20 at $339.40, October lean hogs are up $0.30 at $88.65, December corn is up 2 1/4 cents per bushel and December soybean meal is down $0.80. The Dow Jones Industrial Average is down 478.00 points and the NASDAQ is down 538.61 points. The livestock complex is trading fully higher into Thursday's noon hour as traders are pouring additional support into the marketplace. Some light cash cattle trade has been noted in Kansas at $230 but otherwise the market sits idle following Wednesday's business.

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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