DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 10:32 -- December corn is down 4 cents per bushel, January soybeans are down 3 1/2 cents, December KC wheat is down 6 3/4 cents, December Chicago wheat is down 4 cents and December MIAX wheat is down 4 1/2 cents. The Dow Jones Industrial Average is down 144.93 points. The U.S. Dollar Index is up 0.090 and December crude oil is down $0.58 per barrel. December gold is down $28.70 per ounce. At midmorning, grain and soy markets are lower with the exception of bean oil, which is now trading just above unchanged. Rain in the Central U.S. will surely slow the remaining corn harvest with 26% of the harvest yet to complete. Reports are that on Nov. 10, the U.S. will meet with Russian and Ukraine delegates in the UAE for a shot at a peace solution.

Posted 08:30 -- December corn is down 3 1/2 cents per bushel, January soybeans are down 1 1/2 cents, December KC wheat is down 6 3/4 cents, December Chicago wheat is down 6 cents and December MIAX wheat is down 3 1/4 cents. The Dow Jones Industrial Average is down 208.77 points. The U.S. Dollar Index is up 0.070 and December crude oil is down $0.24 per barrel. December gold is down $15.10 per ounce. USDA: Private exporters reported the following sales activities: 315,000 mt (12.4 mb) of corn to Mexico for 2026/2027, 136,000 mt (5.4 mb) of corn to South Korea for 2026/2027 and 134,000 mt (4.9 mb) of soybeans to unknown destinations for 2026/2027. Grain and soy markets continue to be under pressure.

Livestock

Posted 11:42 -- December live cattle are down $0.88 at $218.825, January feeder cattle are down $4.33 at $328.35, December lean hogs are up $0.35 at $58.525, December corn is down 4 3/4 cents per bushel and December soybean meal is down $2.20. The Dow Jones Industrial Average is down 263.17 points and the NASDAQ is up 230.47 points. With not enough fundamental support arising, the livestock contracts continue to trade lower into Tuesday's noon hour. Still no cash cattle trade has developed.

Posted 08:33 -- December live cattle are down $0.10 at $219.6, January feeder cattle are down $0.38 at $332.3, December lean hogs are down $0.20 at $57.975, December corn is down 4 cents per bushel and December soybean meal is down $3.00. The Dow Jones Industrial Average is down 191.13 points and the NASDAQ is up 126.57 points. The livestock complex is trading lower at Tuesday's start, as traders are reluctant to be overly supportive of the contracts. Still no bids or asking prices have surfaced yet in this week's fed cash cattle market.