Feeders Pull Back - AG INFORMATION NETWORK OF THE WEST
Cattle found a bit of resistance to start the week following the new Covid Variant but not enough to shake Investors.
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Cattle found a bit of resistance to start the week following the new Covid Variant but not enough to shake Investors.
The cattle market finished the week on a high note, following the recent Cattle on Feed Report.
Soybeans have seen a nice rally recently and mostly due to weather patterns.
Quality of Wheat in Australia takes a hit with recent heavy rainfall, driving US Wheat prices higher.
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 A...