OMAHA (DTN) — Posted 12:50 — December corn is up 2 cents per bushel, November soybeans are down 1 1/2 cents, December KC wheat is up 7 3/4 cents, December Chicago wheat is up 4 1/4 cents and MIAX December Minneapolis wheat is up 0.0275 cents. The Dow Jones Industrial Average is up 433.84 points. The U.S. Dollar Index is down 0.240 and November crude oil is down $0.62 per barrel. December gold is up $28.30 per ounce. Heading into the Tuesday close, soybeans and bean oil have recovered a bit but are still down, while wheat and corn are up on short-covering in quiet trade. Soy inspections are now down 26% for the year and it is likely in the next WASDE the USDA will need to reduce soy export sales.

OMAHA (DTN) — December live cattle are up $1.78 at $246.525, November feeder cattle are up $5.23 at $381.95, December lean hogs are down $1.75 at $83.1, December corn is up 3/4 cent per bushel and December soybean meal is down $0.10. The Dow Jones Industrial Average is up 235.76 points and NASDAQ is down 64.77 points. The cattle contracts are again trading higher as the feeder cattle complex is leading the charge with its snappy $4.00 to $5.00 surge. Still no cash cattle trade has developed and it’s likely trade will be delayed until Thursday or Friday.