DTN's Quick Takes

Periodic Updates on the Grains, Livestock Futures Markets

Illustration by Nick Scalise

Grains

OMAHA (DTN) -- After the 8:30 open, March corn is down 1 cent, March soybeans are up 1 1/2 cents, and March Chicago wheat is up 3/4 cent. At 8 a.m., USDA announced that 6.0 million bushels (152,400 mt) of U.S. corn were sold to unknown destinations for 2015-16, a welcome amount that still did not make up for the bearishness of Thursday's weekly export sales report for all three grains. U.S. and European stock markets are starting lower with investors spooked by overnight news of disappointing earnings from a European bank.

Livestock

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