DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:50 -- December corn is down 3 3/4 cents per bushel, November soybeans are down 5 1/4 cents, December KC wheat is down 2 1/2 cents, December Chicago wheat is up 1/4 cent and December MIAX wheat is up 1 1/4 cents. The Dow Jones Industrial Average is up 221.04 points. The U.S. Dollar Index is down 0.180 and November crude oil is down $1.59 per barrel. December gold is down $33.70 per ounce. Heading into the Friday close corn, soybeans and soymeal remain down along with KC wheat. Farmers in the western belt will need several days for fields to dry out before resuming harvest activity. The G7 nations have agreed to release $100 million in diesel stocks to alleviate the shortage.

Posted 10:34 -- December corn is down 5 1/2 cents per bushel, November soybeans are down 5 3/4 cents, December KC wheat is down 1/2 cent, December Chicago wheat is up 2 cents and December MIAX wheat is up 3 1/4 cents. The Dow Jones Industrial Average is up 169.55 points. The U.S. Dollar Index is down 0.240 and November crude oil is down $2.89 per barrel. December gold is down $26.60 per ounce. At mid-morning, corn, soybeans and soymeal are extending losses, while wheat remains mixed and bean oil is accelerating the move to the upside. There is little other news coming from the two conflicts in the Black Sea and Middle East. The dry forecast for next week and beyond should allow harvest to advance.

Posted 08:31 -- December corn is down 1 1/4 cents per bushel, November soybeans are down 4 3/4 cents, December KC wheat is down 3/4 cent, December Chicago wheat is up 2 1/4 cents and December MIAX wheat is up 1 1/4 cents. The Dow Jones Industrial Average is up 316.70 points. The U.S. Dollar Index is down 0.220 and November crude oil is down $3.78 per barrel. December gold is up $20.40 per ounce. Soybeans, soymeal and corn are all lower early Friday, with wheat mixed and bean oil is very strong. Crude oil is down hard with losses approaching $4.00 per barrel. USDA: Private exporters reported sales of 218,600 mt (8.6 mb) of corn to Mexico. Of the total, 173,800 mt (6.8 mb) is for 2026/2027, 22,400 mt (881,849 bushels) is for 2027/2028, and 22,400 mt (881,849 b) is for the 2028/2029 marketing year.

Livestock

Posted 11:39 -- December live cattle are down $1.15 at $222.025, November feeder cattle are down $4.43 at $331.925, December lean hogs are up $0.90 at $69.825, December corn is down 5 1/2 cents per bushel and December soybean meal is down $6.20. The Dow Jones Industrial Average is up 178.85 points and the NASDAQ is up 332.81 points. The fed cash cattle market has seen some light trade reported in Texas at $226 which is $4.00 higher than last week's weighted average. Bids of $226 live in Kansas and $221 live and $345 dressed are currently on the table in Nebraska.

Posted 08:33 -- December live cattle are down $0.30 at $222.875, November feeder cattle are down $0.88 at $335.475, December lean hogs are up $0.05 at $68.975, December corn is down 1 1/2 cents per bushel and December soybean meal is down $3.50. The Dow Jones Industrial Average is up 318.61 points and the NASDAQ is up 306.50 points. Bids are on the table at $226 in Kansas, but at Friday's start that the only developments thus far in the fed cash cattle market. So far this week there's been some light trade in the North at $345 to $350, but no Southern trade has developed yet.