DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:41 -- December corn is down 4 cents per bushel, November soybeans are down 3 3/4 cents, December KC wheat is down 11 1/4 cents, December Chicago wheat is down 11 cents and December MIAX wheat is down 8 cents. The Dow Jones Industrial Average is down 113.29 points. The U.S. Dollar Index is down 0.180 and November crude oil is up $2.76 per barrel. December gold is up $14.80 per ounce. Headed for the Friday finish, corn, soy and wheat markets remain lower, but soybeans have rallied off the low, and bean oil futures have traded back to unchanged as spot crude oil was more than $3 per barrel higher on slowing Middle East oil shipments. U.S. corn is now cheaper than Brazil in December period. There have been over 50 mb of new soy sales announced this week with the lion's share of that directly to China.

Posted 10:31 -- December corn is down 4 1/2 cents per bushel, November soybeans are down 7 1/4 cents, December KC wheat is down 12 1/4 cents, December Chicago wheat is down 12 1/4 cents and December MIAX wheat is down 8 1/2 cents. The Dow Jones Industrial Average is up 136.69 points. The U.S. Dollar Index is down 0.340 and November crude oil is down $0.13 per barrel. December gold is up $26.50 per ounce. At midmorning, the bearish onslaught continues, with grain and soy markets, led by wheat and beans down hard. Good harvest weather ahead, a poor crush number and higher Brazil soy estimates is impacting the beans despite the third consecutive day that new soy sales to China and elsewhere have been announced.

Posted 08:32 -- December corn is down 2 cents per bushel, November soybeans are down 6 cents, December KC wheat is down 5 3/4 cents, December Chicago wheat is down 8 1/4 cents and December MIAX wheat is down 2 1/4 cents. The Dow Jones Industrial Average is up 164.25 points. The U.S. Dollar Index is down 0.290 and November crude oil is up $0.01 per barrel. December gold is up $9.10 per ounce. USDA: Private exporters reported the following sales activities: 127,000 mt (5 mb) of corn to Japan for 2026/2027, 558,000 mt (20.5 mb) of soybeans to China for 2026/2027 and 236,000 mt (8.7 mb) of soybeans to unknown destinations for 2026/2027. Despite the above sales, corn, wheat and soybeans are all falling early Friday. For the third consecutive day, we have seen new soy sales announced to China and others.

Livestock

Posted 11:46 -- December live cattle are up $0.98 at $228.225, November feeder cattle are up $0.05 at $342.00, December lean hogs are up $0.45 at $67.025, December corn is down 2 3/4 cents per bushel and December soybean meal is down $2.30. The Dow Jones Industrial Average is down 86.67 points and the NASDAQ is down 390.36 points. Some light cash cattle trade has been marked at $228 in Texas, $6.00 higher than last week's weighted average. But no other trade has developed in the other regions.

Posted 08:34 -- December live cattle are down $0.03 at $227.225, November feeder cattle are up $0.20 at $342.15, December lean hogs are steady, December corn is down 2 1/2 cents per bushel and December soybean meal is down $5.40. The Dow Jones Industrial Average is up 154.69 points and the NASDAQ is down 52.91 points. Bids have been renewed in Kansas early this morning at $226, but still no trade has developed. Packer interest will likely improve at any moment, and trade could break loose for the week.