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