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Historic Moves In Corn Market Friday May 7th, 2021 This is Matt Rice with today’s Market Line Report for Friday. Historic runs in the Corn market this spring launch prices well into the $7 range as traders zero in on $7.25 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 8 ¾, to finish at 753 ¼. July Corn was up 10 ¼, to close at 718 ¾. Kansas City Hard Red Winter Wheat prices for July were up 9 ¾, to settle at 726 ¾. Portland prices for Club Wheat with Ordinary Protein were Unch, Ranging fr...

Cattle Bounce Off Bottom This is Matt Rice with today’s Market Line Report for Thursday. Feeder cattle shifted higher yesterday after prices bounced off the bottom as traders took advantage of a weaker market. Let’s go to Virginia McGathey with the CME Group to hear more. Chicago Soft Red Winter Wheat prices for July closed the day up 17 ¾, to finish at 744 ½. July Corn was up 11 ¾, to close at 708 ½. Kansas City Hard Red Winter Wheat prices for July were up 17 ¾, to settle at 717. Portland prices for Club Wheat with Ordinary Protein were Unch, Ranging from 7-05 to 7-90. ...

Corn Up and Cattle Down Monday May 3rd, 2021 This is Matt Rice with today’s Market Line Report for Monday. Corn rallied once again, to finish the week with a bang while cattle took the brunt of the blow. Let’s go to Greg Sanders with the USDA to hear the weekly cattle update. Chicago Soft Red Winter Wheat prices for July closed the day up 5 ¾, to finish at 734 ¾. July Corn was up 25, to close at 673 ¼. Kansas City Hard Red Winter Wheat prices for July were up 9, to settle at 703 ½. Portland prices for Soft white wheat of Ordinary Protein for June was Unch, ranging from 6-7...

Grains Continue to Surge This is Matt Rice with today’s Market Line Report for Tuesday. The grain market kicked the week off with a bang as grains continues to surge. Soybeans and Corn both hit 8 year cash highs, with tighter balance sheets driving the rally. Let’s go to Virginia McGathey with the CME Group to hear more. Chicago Soft Red Winter Wheat prices for July closed the day up 27 ¼, to finish at 739 ½. July Corn was up 25, to close at 657 ½. Kansas City Hard Red Winter Wheat prices for July were up 28 ¼, to settle at 708 ¾. Portland prices for Ordinary Club Wheat w...

Corn Overbought? This is Matt Rice with today’s Market Line Report for Monday. Technical indicators showing Corn could be on the verge of a break off as prices soared throughout the week. Here’s Terry Roggensack with the CME Group to share more. Chicago Soft Red Winter Wheat prices for July closed the day up 1 ¾, to finish at 712 ¼. July Corn was up 1, to close at 632 ½. Kansas City Hard Red Winter Wheat prices for July were up 5 ¾, to settle at 680 ½. Portland prices for Ordinary Club Wheat were Unch, ranging from 6-70 to 7-05. Soft white wheat of Ordinary Protein for Ju...