Cattle Finish Weaker This is Matt Rice with today’s Market Line Report for Tuesday. Cattle took a hit in the market last week while feed prices continued to rise. Let’s go to Greg Sanders with the USDA to find out more.
Chicago Soft Red Winter Wheat prices for July closed the day dn 12 ¾, to finish at 663 ½. July Corn was dn 7 ¾, to close at 656 ¾. Kansas City Hard Red Winter Wheat prices for July were dn 13, to settle at 620 ½.
Portland prices for Club Wheat with 10 ½% Protein were Unch, to settle at 8-50. Soft white wheat of Ordinary Protein for July was Unch, ranging from 7-50 to 7-85. Hard Red Winter Wheat with 11 ½ percent Protein, for July was dn 13, ranging from 7-33 ¼ to 7-43 ¼. DNS wheat with 14 % protein, prices for July were up 10 ¼, ranging from 8-32 ½, to 8-42 ½.
Cattle Finish Weaker This is Matt Rice with today’s Market Line Report for Monday. Cattle lower for the 5th day in a row to finish the week, while box beef prices remain storng. Let’s go to Joe Vaclavik’s podcast “Grain Markets & Other Stuff” to hear the details.
Chicago Soft Red Winter Wheat prices for July closed the day dn ½, to finish at 655. May Corn was dn 4 ½, to close at 585 ½. Kansas City Hard Red Winter Wheat prices for July were up 1, to settle at 616 ¼.
Portland prices for Ordinary Club Wheat were Unch, ranging from 6-70 to 7-05. Soft white wheat of Ordinary Protein for June was Unch, ranging from 6-70 to 6-80. Hard Red Winter Wheat with 11 ½ percent Protein, for June were up 1, ranging from 7-31 ¼ to 7-36 ¼. DNS wheat with 14 % protein, prices for June were Unch, ranging from 7-86 ¼ to 7-91 ¼.
Cattle Finish 2020 In The Green
Friday Jan 1st, 2021 Happy New Year! This is Matt Rice with today’s Market Line Report for Friday. Out with the bad and in with the good! Cattle grasping for any tail out support to finish the last trading day in 2020 as prices shifted higher to end the year. Virginia McGathey with the CME Group explains more.
McGathey “ .”
Chicago Soft Red Winter Wheat prices for March closed the day Dn ¼, to finish at 640 ½. March Corn up 9 ½, to close at 484. Kansas City Hard Red Winter Wheat prices for March. were up 2 ¼, to settle at 603 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 2 ¼, ranging from 7-48 ½ to 7-68 ½. 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 3, ranging from 7-24 ¼ to 7-34 ¼.