DTN's Quick Takes
Periodic Updates on the Grains, Livestock Futures Markets
OMAHA (DTN) -- Posted 12:39 -- December corn is down 7 1/4 cents per bushel, November soybeans are down 9 3/4 cents, December KC wheat is down 4 3/4 cents, December Chicago wheat is down 5 1/2 cents and December MIAX wheat is down 5 3/4 cents. The Dow Jones Industrial Average is down 7.30 points. The U.S. Dollar Index is up 0.130 and December crude oil is up $0.18 per barrel. December gold is down $16.80 per ounce. At midday it's a sea of red quotes for grain and soy markets with soybeans and corn leading the losses as the harvest reaches a peak in the coming week. A dry and clear pattern along with a sluggish wheat and corn export performance has encouraged funds to liquidate more of their long position on Monday.
Posted 10:34 -- December corn is down 6 1/2 cents per bushel, November soybeans are down 7 3/4 cents, December KC wheat is down 2 1/2 cents, December Chicago wheat is down 4 1/2 cents and December MIAX wheat is down 5 1/2 cents. The Dow Jones Industrial Average is up 81.61 points. The U.S. Dollar Index is up 0.080 and December crude oil is down $1.01 per barrel. December gold is down $17.40 per ounce. At midmorning, all of the grain and soy markets have extended weakness. Near-perfect harvest weather lies ahead for a good stretch of harvest. Funds are likely liquidating some longs on Monday.
Posted 08:37 -- December corn is down 3 3/4 cents per bushel, November soybeans are down 4 3/4 cents, December KC wheat is down 1/4 cent, December Chicago wheat is down 1 1/2 cents and December MIAX wheat is down 1/4 cent. The Dow Jones Industrial Average is down 41.33 points. The U.S. Dollar Index is up 0.030 and December crude oil is down $1.76 per barrel. December gold is down $1 per ounce. USDA: Private exporters reported the following sales activity: 114,000 metric tons (4.2 mb) of soybeans for delivery to China during the 2026/2027 marketing year and 261,000 metric tons (9.6 mb) of soybeans for delivery to unknown destinations during the 2026/2027 marketing year. Harvest and a clear forecast ahead is again weakening corn and bean markets. More sales of soybeans were announced to China and unknown for the fifth consecutive day.
LivestockPosted 11:33 - December live cattle are up $0.15 at $228.5, November feeder cattle are up $2.15 at $344.05, December lean hogs are down $0.13 at $66.8, December corn is down 6 3/4 cents per bushel and December soybean meal is down $3.60. The Dow Jones Industrial Average is up 0.27 points and the NASDAQ is up 371.49 points. New showlists for the week are steady in Texas, but slightly higher in Kansas and Nebraska. No bids are on the table and trade in the cash cattle market will likely be delayed until later in the week.
Posted 08:34 -- December live cattle are down $0.45 at $227.9, November feeder cattle are down $1.30 at $340.6, December lean hogs are up $0.35 at $67.275, December corn is down 3 1/4 cents per bushel and December soybean meal is up $1.90. The Dow Jones Industrial Average is down 19.41 points and the NASDAQ is up 282.60 points. The livestock complex is off to a cautious start as traders hope that fundamental support will resurface again this week. Do note that this upcoming Friday the monthly Cattle on Feed report is set to be released.
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