DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 12:45 -- December corn is down 4 3/4 cents per bushel, November soybeans are down 8 cents, December KC wheat is down 6 cents, December Chicago wheat is down 2 1/2 cents and December MIAX wheat is down 5 3/4 cents. The Dow Jones Industrial Average is up 31.49 points. The U.S. Dollar Index is up 0.310 and December crude oil is down $1.94 per barrel. December gold is up $36.00 per ounce. Heading for the Tuesday close, the ag futures markets are weak again, led by soybeans, soymeal and corn. Both Kansas City wheat and soybean meal are lower for the ninth straight day and 14 of the past 15 days. MIAX Minneapolis spot wheat is lower for the eleventh consecutive day.

Posted 10:27 -- December corn is down 4 cents per bushel, November soybeans are down 3 cents, December KC wheat is down 6 1/4 cents, December Chicago wheat is down 2 cents and December MIAX wheat is down 3 cents. The Dow Jones Industrial Average is up 64.24 points. The U.S. Dollar Index is up 0.290 and December crude oil is down $1.69 per barrel. December gold is up $33.40 per ounce. At midmorning, corn and wheat are extending losses while soybeans and soymeal have reversed course to also trade lower. One would assume that funds are again liquidating part of their net long in corn and the soy complex. Crude oil is retreating again.

Posted 08:31 -- December corn is down 3 cents per bushel, November soybeans are up 6 3/4 cents, December KC wheat is down 4 1/2 cents, December Chicago wheat is down 3 cents and December MIAX wheat is down 3 1/2 cents. The Dow Jones Industrial Average is up 64.44 points. The U.S. Dollar Index is up 0.260 and December crude oil is down $0.82 per barrel. December gold is up $1.20 per ounce. Wheat and corn continue to fall while soybeans and soymeal are moderately higher on a day with little news.

Livestock

Posted 11:31 -- December live cattle are down $0.48 at $230.725, January feeder cattle are up $0.35 at $346.35, December lean hogs are down $2.53 at $62.15, December corn is down 4 3/4 cents per bushel and December soybean meal is down $4.20. The Dow Jones Industrial Average is up 12.81 points and the NASDAQ is up 338.44 points. No cash cattle trade has developed yet and both bids and asking prices remain elusive at this point. It's likely that the market won't see any major trade develop until Thursday or Friday.

Posted 08:41 -- December live cattle are up $0.18 at $231.375, January feeder cattle are up $0.55 at $346.55, December lean hogs are down $1.00 at $63.675, December corn is down 3 1/2 cents per bushel and December soybean meal is down $0.90. The Dow Jones Industrial Average is down 12.36 points and the NASDAQ is up 199.45 points. With the hope that fundamental support will remain strong again this week, the cattle contracts are continuing to rally. No cash cattle trade has developed yet, and no asking prices are listed.