DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:40 -- December corn is down 2 cents per bushel, November soybeans are down 7 3/4 cents, December KC wheat is up 2 3/4 cents, December Chicago wheat is up 4 cents and December MIAX wheat is down 3 1/2 cents. The Dow Jones Industrial Average is down 212.78 points. The U.S. Dollar Index is up 0.510 and November crude oil is up $1.78 per barrel. December gold is down $69.40 per ounce. Heading into the Wednesday finish, wheat has recovered to trade higher in KC and Chicago, while corn, soybeans and soy products are in negative territory. Concerns of inflation returned after the CPI ticked up to 3.7%. Corn is weakening despite the EU market surging to the highest level in four years.

Posted 10:30 -- December corn is down 4 1/4 cents and November soybeans are down 9 cents. December KC wheat is down 7 1/2 cents, December Chicago wheat is down 5 cents, and December MIAX Minneapolis wheat is down 7 cents. November crude oil is up $0.92 and Dow Jones futures are down 63 points. The U.S. Dollar Index is up 0.69 and December gold is down $63.30. At midmorning for Wednesday, row crop futures are lower. Soybeans are leading the way down despite the first flash sale to China since the week of the Trump/Xi summit in late September. Harvest continues to advance across the Midwest, with little other news to break the current bearish momentum for futures.

Posted 08:31 -- December corn is down 2 cents per bushel, November soybeans are up 3 1/2 cents, December KC wheat is down 5 cents, December Chicago wheat is down 4 cents and December MIAX wheat is down 2 cents. The Dow Jones Industrial Average is down 68.42 points. The U.S. Dollar Index is up 0.580 and November crude oil is up $1.30 per barrel. December gold is down $60.10 per ounce. USDA: Private exporters reported sales of 470,000 metric tons (17.3 million bushels) of soybeans for delivery to China during the 2026/2027 marketing year. Soybeans and meal are just slightly higher while wheat and corn are lower to start.

Livestock

Posted 11:31 -- December live cattle are down $0.83 at $225.55, November feeder cattle are down $1.90 at $339.125, December lean hogs are down $1.23 at $66.8, December corn is down 3 cents per bushel and December soybean meal is down $4.10. The Dow Jones Industrial Average is down 167.41 points and the NASDAQ is down 461.31 points. The livestock contracts are trading lower into Wednesday's noon hour as traders simply don't see enough fundamental support in the market to justifiably trade the contracts higher. No cash cattle trade has developed yet, and currently no bids are on the table.

Posted 08:37 -- December live cattle are up $0.10 at $226.475, November feeder cattle are down $0.40 at $340.625, December lean hogs are down $0.70 at $67.325, December corn is down 2 3/4 cents per bushel and December soybean meal is up $1.10. The Dow Jones Industrial Average is up 111.37 points and the NASDAQ is down 140.26 points. The livestock complex is again off to a mixed start at the day's open as traders try to push the contracts higher, but need to see greater fundamental support. No cash cattle trade has developed yet and no bids are currently on the table.