DTN's Quick Takes
Periodic Updates on the Grains, Livestock Futures Markets
OMAHA (DTN) -- Posted 12:52 -- December corn is down 1 1/4 cents per bushel, November soybeans are down 2 1/2 cents, December KC wheat is down 6 1/4 cents, December Chicago wheat is down 3 1/4 cents and December MIAX wheat is down 8 1/2 cents. The Dow Jones Industrial Average is down 226.06 points. The U.S. Dollar Index is up 0.230 and November crude oil is up $3.38 per barrel. December gold is down $23.10 per ounce. Heading for the Thursday finish, only soymeal remains higher now. There is no word so far on the U.S.-China trade discussions at the White House. Rain is moving across the Plains from Texas up to Minnesota
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Posted 10:30 -- December corn is up 1/4 cent per bushel, November soybeans are up 1/2 cent, December KC wheat is down 1 3/4 cents, December Chicago wheat is down 1/2 cent and December MIAX wheat is down 4 3/4 cents. The Dow Jones Industrial Average is down 356.09 points. The U.S. Dollar Index is up 0.250 and November crude oil is up $4.22 per barrel. December gold is down $33.40 per ounce. At mid-morning, soybeans relinquished early strength to trade mixed to mostly lower while corn is mixed and wheat and bean oil remain slightly lower. There is little news as traders await some direction from the ongoing U.S.-China meeting.
Posted 08:33 -- December corn is down 1 1/2 cents per bushel, November soybeans are up 4 1/2 cents, December KC wheat is down 4 3/4 cents, December Chicago wheat is down 4 3/4 cents and December MIAX wheat is down 3 1/2 cents. The Dow Jones Industrial Average is down 36.47 points. The U.S. Dollar Index is up 0.220 and November crude oil is up $1.96 per barrel. December gold is down $8.50 per ounce. USDA: Private exporters reported sales of 120,000 metric tons (4.4 mb) of soybeans for delivery to China during the 2026/2027 marketing year. Corn, wheat and soybean oil start lower, while soybeans and meal are higher on tight new crop supplies and optimism over the U.S.-China meeting.
LivestockPosted 11:55 -- December live cattle are down $0.40 at $221.95, November feeder cattle are up $0.53 at $330.025, December lean hogs are down $0.80 at $69.525, December corn is down 2 cents per bushel and December soybean meal is down $0.00. The Dow Jones Industrial Average is down 105.37 points and the NASDAQ is down 4.69 points. Bids of $350 have surfaced again in the fed cash cattle market, but aside from a small sale here and there, not major trade has been reported. Do note that later this afternoon the Quarterly Hogs and Pigs report is set to be released.
Posted 08:33 -- December live cattle are down $0.90 at $221.45, November feeder cattle are down $0.75 at $328.75, December lean hogs are down $0.28 at $70.05, December corn is down 1 cent per bushel and December soybean meal is up $3.40. The Dow Jones Industrial Average is down 59.72 points and the NASDAQ is down 204.14 points. The cattle contracts are back to trading lower as traders continue to wait for fundamental support to arise. No bids are currently on the table but packer interest will likely increase throughout the day.