Wheat Still Lower on Thursday

I’m KayDee Gilkey with the Market Line Report for September 5, 2014.
Both Chicago and Minneapolis wheat contracts were mostly lower, Kansas City wheat though had a positive day. From the floor of the CME Group Larry Shover shares his observations of Thursday’s markets.
Shover: “Thursday’s grain market very volatile but all on the down side here at the CME. Decs corn down about 5 cents after double digit losses yesterday. Obviously the strength in the U.S. dollar is not helping the cause. Decs wheat down about 3 cents on the day. Disappointing news only two deliveries versus Chicago September wheat yesterday — that did not really help matters.”
Chicago December Wheat ended Thursday down 5 and 1/2 cents at 5-30 and 1/4. December corn ended the day down 5 and 1/2 cents at 3-46 and 1/2.
Portland prices for soft white wheat were down 5 and 1/2 to 22 and 3/4 cents at mostly 6-80 and 1/4. White club wheat prices were down 5 and 1/2 to 20 and 3/4 cents at mostly 8-99. Hard Red Winter wheat with 11.5 percent protein prices were up 3 and 1/2 cents at mostly 7-27 and 1/4. DNS wheat with 14 percent protein prices were down 2 and 1/4 cents at mostly 8-25.
October live cattle were up $1.62 and half on Thursday at 157-05. October Feeder cattle were up 22 and half cents at 222-even. October class III milk was down 4 cents at 22-63.