DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:50 -- December corn is down 1 3/4 cents per bushel, November soybeans are up 8 1/4 cents, December KC wheat is down 5 1/2 cents, December Chicago wheat is down 2 1/2 cents and December MIAX wheat is down 8 1/2 cents. The Dow Jones Industrial Average is down 84.13 points. The U.S. Dollar Index is down 0.170 and December crude oil is up $2.74 per barrel. December gold is down $89.50 per ounce. Only soybeans and bean oil are higher as more rumors of additional China purchases swirl and bean oil futures are getting a boost from the crude oil strength. Wheat remains under pressured with MIAX Minneapolis on pace for a ninth straight decline with KC wheat down for the sixth consecutive time.

Posted 10:30 -- December corn is down 2 cents per bushel, November soybeans are up 9 cents, December KC wheat is down 1 1/2 cents, December Chicago wheat is down a 1/2 cent and December MIAX wheat is down 5 cents. The Dow Jones Industrial Average is down 138.15 points. The U.S. Dollar Index is up 0.030 and December crude oil is up $0.88 per barrel. December gold is down $82.00 per ounce. At midmorning, corn and wheat have given up early gains to trade lower while soybeans and products are higher on huge demand and the rally in crude oil. Last week's soybean sales were a huge 104 million bushels (mb).

Posted 08:31 -- December corn is up 1 1/2 cents per bushel, November soybeans are up 3 1/4 cents, December KC wheat is up 1/4 cent, December Chicago wheat is up 2 cents and December MIAX wheat is down 1/2 cents. The Dow Jones Industrial Average is down 151.48 points. The U.S. Dollar Index is up 0.050 and December crude oil is up $2.82 per barrel. December gold is down $60.40 per ounce. USDA: Private exporters reported sales of 202,000 metric tons (7.4 mb) of soybeans for delivery to China during the 2026/2027 marketing year. Corn, soybeans and bean oil are just slightly higher while wheat is mixed. Good harvest weather and technical and fund selling has weighed on markets this week.

Livestock

Posted 11:40 -- December live cattle are down $0.50 at $230.625, January feeder cattle are down $2.53 at $343.3, December lean hogs are down $0.08 at $65.65, December corn is down 1 1/2 cents per bushel and December soybean meal is up $1.50. The Dow Jones Industrial Average is down 25.11 points and the NASDAQ is down 591.92 points. Still no cash cattle trade has developed, but asking prices are noted at $360 in Nebraska and $232 in the Southern Plains. Trade will likely be delayed until Friday once the Cattle on Feed report is released.

Posted 08:38 -- December live cattle are down $1.03 at $230.1, January feeder cattle are down $2.18 at $343.65, December lean hogs are down $0.20 at $65.525, December corn is up 1 1/2 cents per bushel and December soybean meal is down $0.00. The Dow Jones Industrial Average is down 153.39 points and the NASDAQ is down 354.49 points. The livestock complex is trading lower at Thursday's start with traders hoping that fundamental support will improve. Still no cash cattle trade has developed, but asking prices are noted at $232 in the South.