Cattle Continue Down Rocky Path
Thursday Apr 29th, 2021 This is Matt Rice with today’s Market Line Report for Thursday. Cattle continue down a rocky path as prices shift lower, traders looking for answers as fundamental factors suggest a bullish market. Let’s go to Virginia McGathey with the CME Group to hear more.
Chicago Soft Red Winter Wheat prices for July closed the day dn 10, to finish at 722 ¾. July Corn was dn 10 ½, to close at 644. Kansas City Hard Red Winter Wheat prices for July were dn 14 ¾, to settle at 696 ½.
Portland prices for Soft white wheat of Ordinary Protein for June was Unch, to settle at 6-70 to 7-90. Hard Red Winter Wheat with 11 ½ percent Protein, for June were dn 14 ¾, ranging from 8-11 ½ to 8-16 ½. DNS wheat with 14 % protein, prices for June were dn 15 ¼, ranging from 8-37 to 8-52.
Corn Eye s $6 Mark
Wednesday Apr 21st, 2021 This is Matt Rice with today’s Market Line Report for Wednesday. The Corn market continues to be an impressive comeback story, as traders and producers alike eagerly focus on the $6 mark. Let’s go to Scott Shellady with the CME Group to hear more.
Chicago Soft Red Winter Wheat prices for July closed the day up 7 ½, to finish at 661 ¼. July Corn was up 11 ½, to close at 592. Kansas City Hard Red Winter Wheat prices for July were up 9 ¼, to settle at 628.
Portland prices for Ordinary Club Wheat were Unch, ranging from 6-70 to 7-05. Soft white wheat of Ordinary Protein for July was Unch – dn 1, ranging from 6-70 to 7-00. Hard Red Winter Wheat with 11 ½ percent Protein, for June were up 9 ¼, ranging from 7-43 to 7-48. DNS wheat with 14 % protein, prices for June were up 4 ½, ranging from 7-86 to 7-96.
Cattle Trending Lower This is Matt Rice with today’s Market Line Report for Tuesday. Cattle struggle once again as prices shift lower, consumer demand not enough to combat higher feed prices. Let’s go to Virginia McGathey with the CME Group to hear more.
Chicago Soft Red Winter Wheat prices for July closed the day dn 1 ¼, to finish at 653 ¾. May Corn was up 6 ½, to close at 592. Kansas City Hard Red Winter Wheat prices for July were up 2 ½, to settle at 618 ¾.
Portland prices for Ordinary Club Wheat were Unch, ranging from 6-70 to 7-05. Soft white wheat of Ordinary Protein for June was Unch, ranging from 6-70 to 6-80. Hard Red Winter Wheat with 11 ½ percent Protein, for June were up 2 ½, ranging from 7-33 ¾ to 7-38 ¾. DNS wheat with 14 % protein, prices for May were up ¼, ranging from 7-84 ½ to 7-89 ½.