DTN's Quick Takes

By DTN Analysts

Grains

OMAHA (DTN) -- Posted 10:30 -- December corn is up 1 cent per bushel, January soybeans are down 9 3/4 cents, December KC wheat is down 1 3/4 cents, December Chicago wheat is up 1/4 cent and December MIAX wheat is down 1 1/4 cents. The Dow Jones Industrial Average is up 1,236.24 points. The U.S. Dollar Index is down 0.300 and December crude oil is down $4.43 per barrel. December gold is up $113.50 per ounce. At mid-morning soybeans and bean oil remain down hard, with bean oil likely influenced by the plunging crude oil market. Wheat is mixed and corn just a penny higher.

Posted 08:31 -- December corn is up 3/4 cent per bushel, January soybeans are down 8 1/2 cents, December KC wheat is up 5 1/4 cents, December Chicago wheat is up 3 1/4 cents and December MIAX wheat is up 1 1/2 cents. The Dow Jones Industrial Average is up 1,009.32 points. The U.S. Dollar Index is down 0.510 and December crude oil is down $2.81 per barrel. December gold is up $104.60 per ounce. USDA: Private exporters reported sales of 167,000 metric tons (6.1 million bushels) of soybeans for delivery to Spain during the 2026/2027 marketing year. Soybeans and soy products are down hard while wheat and corn are modestly higher. Crude oil is again falling.

Livestock

Posted 11:40 -- December live cattle are down $0.58 at $217.575, January feeder cattle are down $3.80 at $324.575, December lean hogs are down $0.70 at $57.9, December corn is up 4 cents per bushel and December soybean meal is up $1.40. The Dow Jones Industrial Average is up 1,481.49 points and the NASDAQ is up 512.94 points. The livestock complex is continuing to trade lower as traders simply don't see any support developing to help encourage stronger trade. Bids of $218 have surfaced in Kansas, but no new trade has developed yet in the fed cash cattle market following Tuesday's light business.

Posted 08:35 -- December cattle are up $0.38 at $218.53 and January feeder cattle are up $0.05 at $328.43. December lean hogs are up $0.20 at $58.80. December corn is up 1 1/2 cents and December soybean meal is down $1.00. Dow Jones futures are up 1051 points. Live cattle markets enter Tuesday attempting to snap a streak of six lower sessions. It would appear that the recent run to almost four-month highs inspired a fresh round of selling. Some light cash trade was noted in Nebraska on Wednesday at $340 cwt, lower than last week's average with the majority of the cattle sold for delivery in late November.