Russia's Drought is Helping to Drive up  Wheat Prices.

Russia's Drought is Helping to Drive up Wheat Prices.

Tommy Allen
Tommy Allen
I'm Tom Allen with the Market Line Report for September 22st. Russia's drought is helping to drive up US wheat prices. Jack Scoville gives you his report from the floor of the CME

Scoville https://www.youtube.com/watch?v=JjQlMkvWE80

Chicago December Wheat was up 10, at around 4-96. December corn up 7 1/4 at 384 1/2.

Portland prices for soft white wheat of ordinary protein for September, was up 5 to 10 at 5-45 and ¾. Hard Red Winter wheat with 11 ½ % protein, prices for September were up 8 ¼ to 13 1/4 at 5-92 ½.DNS wheat with 14 % protein, prices for September were at 6-41 and 1/2.

October live cattle were up at 136.85. October Feeder cattle were up at 187.40. October class III milk was down at 15-55.

Previous ReportThe Latest Northwest USDA Cattle Update.
Next ReportLivestock Numbers Looking Dim For Spring