DTN’s Grain Quick Takes

DTN’s Grain Quick Takes

OMAHA (DTN) — September corn is down 1 1/4 cents and August soybeans are up 1/4 cents. December corn is down 1 cent and November soybeans are up 3/4 of a cent. September KC wheat is down 7 1/4 cents, September Chicago wheat is down 7 1/2 cents, and September MIAX Minneapolis wheat is down 1 3/4 cents. September crude oil is up $0.62 and Dow Jones futures are up 5 points. The U.S. Dollar Index is up 0.49 and August gold is up $.40. Row-crop markets are mixed to open the Tuesday day session as traders are awaiting more details on potential crop damage from high wind storm events in the Northern Plains on Monday night. Traders will also watch the U.S. and China trade negotiations in Stockholm which enter their second day on Tuesday. Meanwhile, from a technical standpoint, most contracts are back up against long-term lows, and in some cases contract lows.