Soybeans Leading Grain Rally

Soybeans Leading Grain Rally

Matt Rice
Matt Rice
This is Matt Rice with today’s Market Line Report for Friday. Soybeans have put together a great rally over the past 30 days, Scott Shellady with the CME Group shares more.

Schellady “ ...”

Chicago Wheat prices for Dec. closed yesterday up 14 ¼, to finish at 556 ¼. Dec. Corn up 3 ½, to close the day at 375 ¼. Kansas City Hard Red Winter Wheat prices for Dec. were up 12 ½, to close at 487 ½.

Portland prices for Club Wheat of Ordinary protein was Unch, ranging from 5-65 to 5-70. Hard Red Winter Wheat with 11 ½ percent Protein, prices for Oct. were up 12 ½, ranging from 6-42 ½ to 6-62 ½. Soft white wheat of Ordinary Protein for Oct. ended the day Unch, ranging from 5-25 to 5-50. DNS wheat with 14 % protein, prices for Oct. were up 10, to settle at 6-76 ½.

Live Cattle for Dec. were up $.05, closing at 106.77 ½. Oct. Feeder cattle dn $.97 ½, to finish the day at 141.45. Oct. Class III milk was up $.15, at 19.04.

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