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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.
Feeder Cattle Bounce Back
McGathey “ .”
Chicago Soft Red Winter Wheat prices for March closed the day dn 4, to finish at 634 ¾. March Corn was dn 3 ½, to close at 492 ¼. Kansas City Hard Red Winter Wheat prices for March. were dn ¾, to settle at 594.
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 dn ¾, ranging from 7-29 to 7-59. Soft white wheat of Ordinary Protein for March was Unch, ranging from 6-40 to 7-00. DNS wheat with 14 % protein, prices for March were dn 1 ¾, ranging from 7-31 to 7-36.
Feeder Cattle Softer With Feed Costs On The Rise
Thursday Jan 7th, 2021 This is Matt Rice with today’s Market Line Report for Thursday. Cattle trading softer yesterday, higher feed cost seems to be one of the bigger hurdles currently for the beef market. Here’s Virginia McGathey with the CME Group to explain more.
McGathey “ .”
Chicago Soft Red Winter Wheat prices for March closed the day dn 6 ½, to finish at 647 ½. March Corn was up 3 ¼, to close at 495. Kansas City Hard Red Winter Wheat prices for March. were dn 5 ¾, to settle at 603 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 dn 5 ¾, ranging from 7-38 ½ to 7-68 ½. Soft white wheat of Ordinary Protein for March was Unch, ranging from 6-40 to 6-85. DNS wheat with 14 % protein, prices for March were dn 1, ranging from 7-31 ¼ to 7-36 ¼.
Cattle Finish 2020 In The Green
Friday Jan 1st, 2021 Happy New Year! This is Matt Rice with today’s Market Line Report for Friday. Out with the bad and in with the good! Cattle grasping for any tail out support to finish the last trading day in 2020 as prices shifted higher to end the year. Virginia McGathey with the CME Group explains more.
McGathey “ .”
Chicago Soft Red Winter Wheat prices for March closed the day Dn ¼, to finish at 640 ½. March Corn up 9 ½, to close at 484. Kansas City Hard Red Winter Wheat prices for March. were up 2 ¼, to settle at 603 ½.
Portland prices for Ordinary Club Wheat was Unch, ranging from 6-40 to 6-75. Portland Hard Red Winter Wheat with 11 ½ percent Protein, for March were up 2 ¼, ranging from 7-48 ½ to 7-68 ½. Soft white wheat of Ordinary Protein for March was Unch, ranging from 6-40 to 6-70. DNS wheat with 14 % protein, prices for March were up 3, ranging from 7-24 ¼ to 7-34 ¼.