DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

(Illustration by Nick Scalise)
Grains

OMAHA (DTN) -- Posted 10:30 -- December corn is down 3 1/2 cents per bushel, November soybeans are down 9 3/4 cents, December KC wheat is up 1 1/4 cents, December Chicago wheat is steady and December MIAX wheat is down 1/4 cent. The Dow Jones Industrial Average is down 203.53 points. The U.S. Dollar Index is up 0.020 and November crude oil is up $4.52 per barrel. December gold is down $1.00 per ounce. At mid-morning, corn, soybeans and soymeal have all weakened from the opening while wheat is mixed and bean oil firmer with the latter getting a boost from the more than $4 rally in spot crude oil.

Posted 08:31 -- December corn is down 1/2 cent per bushel, November soybeans are down 5 cents, December KC wheat is up 2 1/4 cents, December Chicago wheat is up 3 1/2 cents and December MIAX wheat is up 1 cent. The Dow Jones Industrial Average is down 127.26 points. The U.S. Dollar Index is up 0.060 and November crude oil is up $3.72 per barrel. December gold is up $10.70 per ounce. Corn and wheat are hovering near unchanged in quiet trade while soybean and soymeal futures are lower. Crude oil and the dollar are higher.

Livestock

Posted 8:35 -- December live cattle are down $0.23 at $223.55, November feeder cattle are down $0.20 at $335.6, December lean hogs are down $0.73 at $68.375, December corn is up 1/4 cent per bushel and December soybean meal is down $2.70. The Dow Jones Industrial Average is down 205.28 points and NASDAQ is down 128.48 points. Waiting for greater fundamental support to develop, the livestock contracts are trading lower at Thursday's start. No bids are noted at this time in the fed cash cattle market either.

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