DTN’s Grain Quick Takes

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.

Posted 10:31 — December corn is up 1 1/4 cents per bushel, November soybeans are down 6 1/4 cents, December KC wheat is up 5 cents, December Chicago wheat is up 3 cents and MIAX December Minneapolis wheat is up 0.0075 cents. The Dow Jones Industrial Average is down 45.57 points. The U.S. Dollar Index is down 0.110 and November crude oil is down $1.31 per barrel. December gold is up $21.10 per ounce. At midmorning corn and wheat have recovered from early weakness to trade higher while soybeans have extended losses. Along with the advancing harvest and trade issues with China, beans got another headwind with CONAB’s record large estimate of Brazil’s soy crop for 2025-26.

Posted 08:31 — December corn is down 3/4 cent per bushel, November soybeans are down 4 1/2 cents, December KC wheat is down 2 cents, December Chicago wheat is down 2 1/4 cents and MIAX December Minneapolis wheat is down 0.0075 cents. The Dow Jones Industrial Average is down 360.39 points. The U.S. Dollar Index is unchanged and November crude oil is down $0.82 per barrel. December gold is down $6.30 per ounce. The advancing harvest, the contentious trade battle with China and rising world wheat supplies are weighing on grain and soybeans early Tuesday. Outside markets are also under pressure with equities and energies lower.