DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)
Grains

OMAHA (DTN) -- Posted 10:29 -- December corn is up 4 1/2 cents per bushel, November soybeans are up 17 1/4 cents, December KC wheat is up 23 1/2 cents, December Chicago wheat is up 26 1/4 cents and December MIAX wheat is up 17 3/4 cents. The Dow Jones Industrial Average is up 226.99 points. The U.S. Dollar Index is up 0.360 and October crude oil is down $0.41 per barrel. December gold is down $45.60 per ounce. At midmorning, gains are accelerating in soybeans, soy products and wheat with new highs being scored. Corn is also higher on falling yield ideas, strong demand and the Black Sea export troubles that continued unabated.

Posted 08:32 -- December corn is up 5 cents per bushel, November soybeans are up 14 cents, December KC wheat is up 10 1/2 cents, December Chicago wheat is up 10 1/2 cents and December MIAX wheat is up 4 3/4 cents. The Dow Jones Industrial Average is up 152.10 points. The U.S. Dollar Index is up 0.040 and October crude oil is down $0.98 per barrel. December gold is down $11.60 per ounce. USDA: Private exporters reported the following sales activities: 182,000 mt (6.7 mb) of soybeans to China for 2026/2027, 226,000 mt (8.3 mb) of soybeans to unknown destinations for 2026/2027, 100,000 mt of soybean cake and meal to Germany for 2026/2027, and 100,000 mt of soybean cake and meal to the Netherlands for 2026/2027. Grain and soy markets are again sharply higher on falling production, increasing demand and continued Black Sea export issues.

Livestock

Posted 08:39 -- October live cattle are down $0.33 at $212.6, October feeder cattle are down $0.78 at $317.3, October lean hogs are down $0.33 at $80.3, December corn is up 4 1/2 cents per bushel and December soybean meal is up $5.60. The Dow Jones Industrial Average is up 73.14 points and the NASDAQ is up 21.51 points. The livestock complex is again off to a weaker start as traders aren't pleased with the fundamental support that's currently available in the marketplace. No new bids are currently on the table in the cash market, but trade will need to develop in the South.

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