Volatile Soybean Market
Shellady “ .”
Chicago Soft Red Winter Wheat prices for March closed the day dn 5 ¾, to finish at 662 ¼. March Corn was up 2 ¼ to close at 524 ¼. Kansas City Hard Red Winter Wheat prices for March. were dn 1 ¼, to settle at 635 ¾
Portland prices for Ordinary Club Wheat were Unch, ranging from 6-93 to 7-30. Soft white wheat of Ordinary Protein for March was Unch, ranging from 6-70 to 7-10. Hard Red Winter Wheat with 11 ½ percent Protein, for March were dn 1 ¼, ranging from 7-65 ¾ to 8-00 ¾. DNS wheat with 14 % protein, prices for March dn 2 ¼, ranging from 7-45 ¼ to 7-65 ¼.
Live Cattle for April were up $1.07 ½, closing at 119.95. March Feeder cattle were up $1.62 ½, to finish the day at 139.15. Feb. Class III milk was dn $.67, at 16.46.
Feeders Take Advantage of Weaker Feed Prices
Thursday Jan 21st, 2021
McGathey “ .”
Chicago Soft Red Winter Wheat prices for March closed the day dn 4 ½, to finish at 667 ¾. March Corn was dn 4 to close at 522. Kansas City Hard Red Winter Wheat prices for March. were dn 7, to settle at 637.
Portland prices for Ordinary Club Wheat were Unch, ranging from 6-93 to 7-30. Soft white wheat of Ordinary Protein for March was Unch, ranging from 6-70 to 7-10. Hard Red Winter Wheat with 11 ½ percent Protein, for March were dn 7, ranging from 7-67 to 8-02. DNS wheat with 14 % protein, prices for March dn 6, ranging from 7-47 ½ to 7-67 ½.
Feeders Surge To End The Week
Tuesday Jan 19th, 2021
McGathey “ .”
Chicago Soft Red Winter Wheat prices for March closed the day up 5 ½, to finish at 675 ½. March Corn was dn 2 ¾ to close at 531 ½. Kansas City Hard Red Winter Wheat prices for March. were up 6 ½, to settle at 643.
Portland prices for Ordinary Club Wheat were Unch, ranging from 6-93 to 7-30. Soft white wheat of Ordinary Protein for March was Unch, ranging from 6-70 to 7-10. Hard Red Winter Wheat with 11 ½ percent Protein, for March were up 6 ½, ranging from 7-78 to 8-08. DNS wheat with 14 % protein, prices for March were up 2 ¾, ranging from 7-63 ¼ to 7-73 ¼.
Feeder Cattle Take Advantage of Lower Feed Prices
Monday Jan 18th, 2021 This is Matt Rice with today’s Market Line Report for Monday. As Corn prices slowed, Feeder Cattle took advantage of lower feed prices to rally nearly $2 ½ higher. Let’s go to Virginia McGathey with the CME Group to hear more.
McGathey “ .”
Chicago Soft Red Winter Wheat prices for March closed the day up 5 ½, to finish at 675 ½. March Corn was dn 2 ¾ to close at 531 ½. Kansas City Hard Red Winter Wheat prices for March. were up 6 ½, to settle at 643.
Portland prices for Ordinary Club Wheat were Unch, ranging from 6-93 to 7-30. Soft white wheat of Ordinary Protein for March was Unch, ranging from 6-70 to 7-10. Hard Red Winter Wheat with 11 ½ percent Protein, for March were up 6 ½, ranging from 7-78 to 8-08. DNS wheat with 14 % protein, prices for March were up 2 ¾, ranging from 7-63 ¼ to 7-73 ¼.
Grains Surge
Shellady “ .”
Chicago Soft Red Winter Wheat prices for March closed the day up 30 ¼, to finish at 665. March Corn was up 25, to close at 517 ¼. Kansas City Hard Red Winter Wheat prices for March. were up 28 ½, to settle at 622 ½.
Portland prices for Ordinary Club Wheat was Unch, ranging from 6-60 to 6-93. Portland Hard Red Winter Wheat with 11 ½ percent Protein, for March were up28 ½, ranging from 7-57 ½ to 7-87 ½. Soft white wheat of Ordinary Protein for March was Unch, ranging from 6-40 to 7-00. DNS wheat with 14 % protein, prices for April were up 14 ½, ranging from 7-44 to 7-59.
Live Cattle for April were dn, $.92 ½, closing at 117.65. March Feeder cattle were dn $2.92 ½, to finish the day at 133.97 ½ . Feb. Class III milk was dn $.75, at 18.68.