Wheat Markets End Slightly Higher Thursday

I’m KayDee Gilkey with the Market Line Report for October 3, 2014.
Wheat markets ended Thursday up slightly. From the floor of the CME Group, Larry Shover shares his observations of Thursday’s markets.
Shover: “We saw some green Thursday here at CME in ag here in Chicago. Hard to believe two days in a row up move for corn. Corn up after being up fractional yesterday. Decs turned up about a penny in some pretty encouraging trade. Seems like we’ve finally found a floor. Moving on to wheat, Decs wheat closed a day volatile session at 2 cents on the day. Sales came out a little higher than consensus estimates at 685,900 metric tons.”
Chicago December Wheat ended Thursday up 3 and 3/4 cents at 4-82 and 3/4. December corn ended the day up 1 and 1/2 cents at 3-22 and 3/4.
Portland prices for soft white wheat were steady to up 3 and 3/4 cents at mostly 6-59. White club wheat prices were up 3 and 3/4 cents at mostly 8-90 and 1/4. Hard Red Winter wheat with 11.5 percent protein prices were up 4 cents at mostly 7-11 and 1/2. DNS wheat with 14 percent protein prices were up 3 and 3/4 cents at mostly 8-34 and 1/2.
October live cattle were up 37 and half cents on Thursday at 162-85. October Feeder cattle were up $2.67 and half at 241-10. October class III milk was up a nickel at 24-03.