DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)
Grains

OMAHA (DTN) -- Posted 08:31 -- December corn is up 3 cents per bushel, November soybeans are up 11 cents, December KC wheat is up 6 cents, December Chicago wheat is up 5 cents and December MIAX wheat is up 5 1/4 cents. The Dow Jones Industrial Average is up 40.99 points. The U.S. Dollar Index is down 0.210 and November crude oil is up $1.83 per barrel. December gold is up $44.60 per ounce. USDA: Private exporters reported sales of 105,000 metric tons (3.9 mb) of soybeans for delivery to unknown destinations during the 2026/2027 marketing year. Grain and soy markets are very firm, led by soybeans as more harvest delays are expected with heavy rain falling in parts of the central and western Midwest.

Livestock

Posted 08:37 -- December live cattle are up $1.20 at $222., November feeder cattle are up $0.93 at $331.825, December lean hogs are down $0.33 at $69.375, December corn is up 3 cents per bushel and December soybean meal is up $4.90. The Dow Jones Industrial Average is up 50.98 points and the NASDAQ is up 139.03 points. The livestock complex is again trading mixed as the cattle contracts inch higher while the lean hog complex are trading lower. Some light trade developed on Tuesday in the North at mostly $350 but the week's trade has thus far been extremely light -- not enough to say that any sort of a trend has been established.

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