DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 10:30 -- December corn is down 2 1/2 cents per bushel, January soybeans are up 2 1/4 cents, December KC wheat is down 1 1/2 cents, December Chicago wheat is down 1 cent and December MIAX wheat is down 1 3/4 cents. The Dow Jones Industrial Average is down 314.40 points. The U.S. Dollar Index is down 0.090 and December crude oil is up $1.71 per barrel. December gold is down $117.00 per ounce. At midmorning, corn, wheat and soybean meal continue to trade lower, while soybeans and bean oil are slightly firmer in slow trade. Outside markets are volatile with stocks and gold down sharply.

Posted 08:34 -- December corn is down 2 cents per bushel, January soybeans are up 3 1/2 cents, December KC wheat is up a 1/4 cent, December Chicago wheat is up a 1/4 cent and December MIAX wheat is up 1 cent. The Dow Jones Industrial Average is down 135.80 points. The U.S. Dollar Index is down 0.150 and December crude oil is up $1.92 per barrel. December gold is down $90.50 per ounce. USDA: Private exporters reported the following sales activity: 165,150 mt (6 mb) of soybeans to unknown destinations for 2026/2027 and 132,000 mt (4.9 mb) of soybeans to unknown destinations for 2026/2027. Soybeans and bean oil are higher while wheat is mixed and corn weaker early Friday.

Livestock

Posted 11:48 -- December live cattle are down $5.08 at $221.225, January feeder cattle are down $9.23 at $332.725, December lean hogs are down $0.98 at $58.85, December corn is down 1 3/4 cents per bushel and December soybean meal is down $3.30. The Dow Jones Industrial Average is down 373.02 points and the NASDAQ is down 683.32 points. Some light (very, very light) cash cattle trade has developed in Kansas at $225, but there still hasn't been enough trade noted to say that any sort of market trend has been established for the week. It is fully assumed that prices will be lower this week.

Posted 8:34 -- December live cattle are down $1.55 at $224.75, January feeder cattle are down $2.38 at $339.575, December lean hogs are down $0.43 at $59.4, December corn is down 3 cents per bushel and December soybean meal is down $3.60. The Dow Jones Industrial Average is down 191.26 points and the NASDAQ is down 603.12 points. As traders recognize that it's most likely that the fed cash cattle market's trend will be lower this week, both the live cattle and feeder cattle contracts are trading lower at Friday's open. No bids are currently on the table but more trade will need to develop throughout the day. So far this week the bulk of the week's trade has been marked at $350 to $352 dressed in Nebraska.