Weather Conditions
This is Susan Allen with the Market Line Report for June 21st. Rain rain rain, means a lot of volatility in the grain market. Here's Virginia McGathey from the floor of the CME in Chicago, to explain in more detail.Chicago July Wheat prices closed yesterday dn 81/4, at 474. July corn ended the day dn 16 ¾, at 420 3/4. Portland prices for soft white wheat of 10 ½ % protein for June were dn 5 to unch, ranging from 5-32 ½ to 5-60. Hard Red Winter wheat with 11 ½ % protein, prices for June were dn 6, ranging from 5-25 ¾ to 5-35 ¾. DNS wheat with 14 % protein, prices for June were dn 1 ¼, ranging from 6-24 ¼ to 6-39 ¼. Aug Live Cattle closed yesterday dn 2.22 ½, at 114.52 ½. Aug Feeder cattle were dn 75 cents, at 136.72 ½. June class III milk was up 2 cents, at 13-23.