Volatile Corn Market This is Matt Rice with today’s Market Line Report for Wednesday. Volatility continues in the corn market as prices fluxuate while we wait to hear the WASDA Report coming out later today. 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 11 ¼, to finish at 741 ¾. July Corn was up 10 ½, to close at 722 ¼. Kansas City Hard Red Winter Wheat prices for July were up 7, to settle at 710 ½.
Portland prices for Club Wheat with Ordinary Protein were Unch, Ranging from 7-05 to 7-90. Soft white wheat of Ordinary Protein for June was Unch, ranging from 6-70 to 7-90. Hard Red Winter Wheat with 11 ½ percent Protein, for June were up 7, ranging from 8-25 ½ to 8-30 ½. DNS wheat with 14 % protein, prices for June were up 17 ¼ ranging from 8-75 ½ to 8-90 ½.
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Corn on a Hot Streak
Monday May 10th, 2021 This is Matt Rice with today’s Market Line Report for Monday. Corn finished the week on a hot streak as grains across the board followed the upward trend. Let’s go to Terry Roggensack with the CME Group to hear more.
Chicago Soft Red Winter Wheat prices for July closed the day up 8 ½, to finish at 761 ¾. July Corn was up 13 ½, to close at 732 ¼. Kansas City Hard Red Winter Wheat prices for July were up 10, to settle at 736 ¾.
Portland prices for Club Wheat with Ordinary Protein were Unch, Ranging from 7-05 to 7-90. Soft white wheat of Ordinary Protein for June was Unch, ranging from 6-70 to 7-90. Hard Red Winter Wheat with 11 ½ percent Protein, for June were up 10, ranging from 8-51 ¾ to 8-56 ¾. DNS wheat with 14 % protein, prices for June were up 7, ranging from 9-02 ½ to 9-17 ½.
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 from 7-05 to 7-90. Soft white wheat of Ordinary Protein for June was Unch, ranging from 6-70 to 7-90. Hard Red Winter Wheat with 11 ½ percent Protein, for June were up 9 ¾, ranging from 8-41 ¾ to 8-46 ¾. DNS wheat with 14 % protein, prices for June were up 8 ½, ranging from 8-89 ½ to 9-10 ½.
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. Soft white wheat of Ordinary Protein for June was Unch, ranging from 6-70 to 7-90. Hard Red Winter Wheat with 11 ½ percent Protein, for June were up 17 ¾, ranging from 8-32 to 8-37. DNS wheat with 14 % protein, prices for June were up 13 ¾, ranging from 8-87 to 9-02.
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