Page 4 - May Class News Today

Cattle Continue to Struggle This is Matt Rice with today’s Market Line Report for Wednesday. Cattle continue to struggle as prices retreat once again, having a difficult time competing with the grain rally. Here’s Virginia McGathey with the CME Group to share more. Chicago Soft Red Winter Wheat prices for July closed the day up 13 ¾, to finish at 675. July Corn was up 14 ½, to close at 606 ½. Kansas City Hard Red Winter Wheat prices for July were up 9 ¾, to settle at 637 ¾....

Corn Eyes $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 ...

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 pric...

Cattle Finish Weaker This is Matt Rice with today’s Market Line Report for Monday. Cattle lower for the 5th day in a row to finish the week, while box beef prices remain storng. Let’s go to Joe Vaclavik’s podcast “Grain Markets & Other Stuff” to hear the details. Chicago Soft Red Winter Wheat prices for July closed the day dn ½, to finish at 655. May Corn was dn 4 ½, to close at 585 ½. Kansas City Hard Red Winter Wheat prices for July were up 1, to settle at 616 ¼. Por...

The corn market might’ve finished yesterday in the red but comparing to last year, things are looking very promising

Corn Continues Rally This is Matt Rice with today’s Market Line Report for Thursday. New crop Corn produces new highs as the rally continues to create demand in the market. Virginia McGathey with the CME Group shares more. Chicago Soft Red Winter Wheat prices for July closed the day up 18 ¼ to finish at 648. May Corn was up 14, to close at 594. Kansas City Hard Red Winter Wheat prices for July were up 18 ¾, to settle at 611 ½. Portland prices for Ordinary Club Wheat were Unch, ...

Corn Jumps Nearly 2% This is Matt Rice with today’s Market Line Report for Wednesday. Corn jumps nearly 2 % as a traders start to set their sights on the $6 mark. Scott Shellady with the CME Group to covers the details. Chicago Soft Red Winter Wheat prices for July closed the day up 2 ¼ to finish at 633 ½. May Corn was up 11, to close at 580. Kansas City Hard Red Winter Wheat prices for July were up 6, to settle at 592 ¾. Portland prices for Ordinary Club Wheat were Unch, rangi...

More Action In The Soybean Market Thursday Apr 8th, 2021 This is Matt Rice with today’s Market Line Report for Thursday. More action in the soybean market as newcrop continues to look for new ground for expansion. Let’s go to Scott Shellady with the CME Group to hear more. Chicago Soft Red Winter Wheat prices for May closed the day up ¾ to finish at 616 ¼. May Corn was up 6 ¼, to close at 560 ½. Kansas City Hard Red Winter Wheat prices for May were up 7 ¾, to settle at 563 ...

Soybeans Still A Driver This is Matt Rice with today’s Market Line Report for Wednesday. Soybeans continue to act as a driver in the grain market while weather continues to be a point of focus. Let’s go to Scott Shellady with the CME Group to hear more. Chicago Soft Red Winter Wheat prices for May closed the day dn 2 ½ to finish at 615 ½. May Corn was up 1, to close at 554 ¼. Kansas City Hard Red Winter Wheat prices for May were dn 7 ½, to settle at 555 ½. Portland prices f...

BBQ Season Kicks Beef Market Into Gear Tuesday Apr 6th, 2021 This is Matt Rice with today’s Market Line Report for Tuesday. Grilling season kicks the beef market into gear, as cattle start the week off with a solid rally. Let’s go to Virginia McGathey with the CME Group to hear more. Chicago Soft Red Winter Wheat prices for May closed the day up 7 to finish at 618. May Corn was dn 6 ½, to close at 553 ¼. Kansas City Hard Red Winter Wheat prices for May were dn 2, to settle at ...