DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:44 -- December corn is down 3 3/4 cents per bushel, November soybeans are up 3 3/4 cents, December KC wheat is steady, December Chicago wheat is up 1 cent and December MIAX wheat is down 1 1/2 cents. The Dow Jones Industrial Average is down 632.55 points. The U.S. Dollar Index is up 0.230 and December crude oil is up $3.65 per barrel. December gold is down $53.50 per ounce. Heading into Friday's close, corn remains lower on hedging, pre-hedging and fund selling while soybeans are still higher on improving demand. Crude oil is rising and up $3.60 on the Middle East conflict and more strikes by the Iran-backed Houthis on Saudi Arabia.

Posted 10:29 -- December corn is down 4 1/4 cents per bushel, November soybeans are up 5 cents, December KC wheat is down 1 1/4 cents, December Chicago wheat is up 1 1/4 cents and December MIAX wheat is up 1 1/4 cents. The Dow Jones Industrial Average is down 476.04 points. The U.S. Dollar Index is up 0.150 and December crude oil is up $2.72 per barrel. December gold is down $50.20 per ounce. At midmorning, December corn is expanding its losses, pressured by the rapidly rising harvest and likely additional fund liquidation. Soybeans are still higher, but for the first time in more than a week, there were no new soybean sales announced. Wheat and soy products are mixed in slow volume trade.

Posted 08:32 -- December corn is down 1 3/4 cents per bushel, November soybeans are up 3 1/2 cents, December KC wheat is up 1 3/4 cents, December Chicago wheat is up 4 cents and December MIAX wheat is up 3 1/2 cents. The Dow Jones Industrial Average is down 557.43 points. The U.S. Dollar Index is up 0.120 and December crude oil is up $2.20 per barrel. December gold is down $19.70 per ounce. USDA: Private exporters reported sales of 116,000 metric tons (4.6 mb) of corn for delivery to unknown destinations during the 2026/2027 marketing year. Corn is lower again while wheat, soy and soy products are firmer in slow trade.

Livestock

Posted 11:39 -- December live cattle are up $0.23 at $231.35, January feeder cattle are up $2.08 at $346.075, December lean hogs are up $0.08 at $65.625, December corn is down 4 1/2 cents per bushel and December soybean meal is down $0.00. The Dow Jones Industrial Average is down 517.25 points and the NASDAQ is up 27.14 points. Bids of $226 are currently on the table in Kansas, but no trade has developed yet. Asking prices are noted at $232 in the South and at $360 in the North. And do remember that the Cattle on Feed report is set to be released later this afternoon as well.

Posted 08:37 -- December live cattle are down $0.38 at $230.75, January feeder cattle are down $0.30 at $343.7, December lean hogs are up $0.25 at $65.8, December corn is down 1 1/4 cents per bushel and December soybean meal is up $0.90. The Dow Jones Industrial Average is down 498.34 points and the NASDAQ is down 103.38 points. No bids are on the table in the cash cattle market, but packer interest will need to develop soon as no trade has developed yet this week. Do note that this afternoon the monthly Cattle on Feed report is set to be released as well.