Grains Trending Upward

This is Matt Rice with today’s Market Line Report for Friday. Grains moving higher with Soybeans leading the way, as corn and wheat follow trend. Let’s go to Scott Shellady with the CME Group to hear more.

Shellady “ . “

Chicago Wheat prices for Dec. closed yesterday up 11, to finish at 550 ¾. Dec. Corn up 4 ¼, to finish the day at 358 ½. Kansas City Hard Red Winter Wheat prices for Dec. were up 11, to close at 472 ¼.

Portland prices for soft white wheat of Ordinary Protein for Oct. ended the day Unch, ranging from 5-25 to 5-42. Hard Red Winter Wheat with 11 ½ percent Protein, prices for Oct. were up 11, ranging from 6-17 ¼ to 6-32 ¼. DNS wheat with 14 % protein, prices for Oct. were up 7 ½, ranging from 6-40 ½ to 6-65 ½.

Live Cattle for Oct. were dn $.85, closing at 106.15. Oct. Feeder cattle dn $.77 ½, to finish the day at 141.25. Oct. Class III milk was dn $.19, at 17.38.