Corn Moves Higher

This is Matt Rice with today’s Market Line Report for Friday. Corn looking promising, as traders eagerly await USDA’s Sale Report coming out later today. Let’s go to Scott Shellady with the CME Group to hear the details.

Shellady “ ...”

Chicago Wheat prices for Dec. closed Yesterday up 4 ½, to finish at 548 ¼. Dec. Corn up 4 ¾, to close yesterday at 365. Kansas City Hard Red Winter Wheat prices for Dec. were up 3, to close at 474.

Portland prices for Club Wheat of Ordinary protein was Unch, ranging from 5-70 to 5-72. Hard Red Winter Wheat with 11 ½ percent Protein, prices for Oct. were up 3, ranging from 6-29 to 6-34. Soft white wheat of Ordinary Protein for Oct. ended the day Unch, ranging from 5-25 to 5-45. DNS wheat with 14 % protein, prices for Oct. were Unch to up 10, ranging from 6-35 ½ to 6-70 ½.

Live Cattle for Oct. were up $.40, closing at 105.10. Oct. Feeder cattle up $1.35, to finish yesterday at 139.60. Oct. Class III milk was up $.15, at 18.63.