Wheat Rallies
McGathey “ .”
Chicago Soft Red Winter Wheat prices for March closed the day up 22 ¼, to finish at 640 ¾. March Corn up 8 ½, to close at 474 ¼. Kansas City Hard Red Winter Wheat prices for March. were up 16 ¼, to settle at 601 ¼.
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 16 ¼, ranging from 7-46 ¼ to 7-66 ¼. 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 15 ¾, ranging from 7-21 ¼ to 7-31 ¼.
Live Cattle for Feb. were dn $.12 ½, closing at 114.45. March Feeder cattle were Dn $1.47 ½, to finish the day at 139.75. Feb. Class III milk was dn $.02, at 17.91.
Demand In The Grain Market
Monday Dec 28th, 2020 This is Matt Rice with today’s Market Line Report for Monday. More demand in the grain market as last week ended on a high note for corn and wheat. 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 12 ¾, to finish at 629 ¾. March Corn up 3 ¾, to close at 447 ¼. Kansas City Hard Red Winter Wheat prices for March. were up 8 ¾, to settle at 588.
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 8 ¾, ranging from 7-33 to 7-53. Soft white wheat of Ordinary Protein for March was Unch, ranging from 6-50 to 6-70. DNS wheat with 14 % protein, prices for March were up 8 ½, ranging from 7-05 to 7-15.
Feeder Cattle Find Their Groove
Friday Dec 25th, 2020 This is Matt Rice with today’s Market Line Report for Friday. The Cattle market continues to roll with the punches as feeder prices finding their groove over the holidays. 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 12 ¾, to finish at 629 ¾. March Corn up 3 ¾, to close at 447 ¼. Kansas City Hard Red Winter Wheat prices for March. were up 8 ¾, to settle at 588.
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 8 ¾, ranging from 7-33 to 7-53. Soft white wheat of Ordinary Protein for March was Unch, ranging from 6-50 to 6-70. DNS wheat with 14 % protein, prices for March were up 8 ½, ranging from 7-05 to 7-15.
Optimism In Beef
McGathey “ .”
Chicago Soft Red Winter Wheat prices for March closed the day up 3, to finish at 611 ¼. March. Corn up 2 ½, to close at 440. Kansas City Hard Red Winter Wheat prices for March. were up 5 ¼, to settle at 574 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 5 ¼, ranging from 7-19 ½ to 7-39 ½. Soft white wheat of Ordinary Protein for March was Unch, ranging from 6-50 to 6-70. DNS wheat with 14 % protein, prices for March were up 1 ¾, ranging from 6-95 ¼ to 7-05 ¼.
Live Cattle for Feb. were dn $.20, closing at 114.65. March Feeder cattle were up $.82 ½, to finish the day at 143.12 ½. Feb. Class III milk was up $.01, at 16.45.