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Marketline Report for Thursday, March 11th
Thursday Mar 11th, 2021
McGathey “ .”
Chicago Soft Red Winter Wheat prices for May closed the day dn 5, to finish at 652 ½. March Corn was dn 11 ¾ to close at 534. Kansas City Hard Red Winter Wheat prices for May were dn 10, to settle at 616 ½.
Portland prices for Ordinary Club Wheat were Unch, ranging from 7-40 to 7-80. Soft white wheat of Ordinary Protein for May was Unch, ranging from 7-30 to 7-65. Hard Red Winter Wheat with 11 ½ percent Protein, for May were dn 10, ranging from 7-36 ½ to 7-46 ½. DNS wheat with 14 % protein, prices for April were dn 6 ¼, ranging from 7-56 ¼ to 7-66 ¼.
Feeders Start Low and Finish Stronger
Thursday Mar 4th, 2021 This is Matt Rice with today’s Market Line Report for Thursday. Feeder Cattle close the day in the green while Live Cattle having a hard time holding steady. Let’s go to Virginia McGathey with the CME Group to hear more.
Chicago Soft Red Winter Wheat prices for May closed the day dn 12 ¼, to finish at 656. May Corn was dn 9 ¾ to close at 535 ¼. Kansas City Hard Red Winter Wheat prices for May were dn 9 ¼, to settle at 626.
Portland prices for Ordinary Club Wheat were Unch, ranging from 7-40 to 7-75. Soft white wheat of Ordinary Protein for May was Unch, ranging from 7-30 to 7-60. Hard Red Winter Wheat with 11 ½ percent Protein, for May were dn 9 ¼, ranging from 7-46 to 7-66. DNS wheat with 14 % protein, prices for May were dn 2 ¼, ranging from 7-48 to 7-68.