Soybeans Still Recovering

Soybeans Still Recovering

Matt Rice
Matt Rice
This is Matt Rice with today’s Market Line Report for Tuesday. Soybeans still recovering after last week’s hit, traders keeping an eye on key levels in a volatile market. Lets go to Scott Shellady with the CME Group to hear more.

Shellady “ .”

Chicago Wheat prices for Dec. closed yesterday up 6, to finish at 550 ¼. Dec. Corn up 1 ½, to close the day at 366 ¾. Kansas City Hard Red Winter Wheat prices for Dec. were up 7 ½, to close at 482 ¾.

Hard Red Winter Wheat with 11 ½ percent Protein, prices for Oct. were up 7 ½, ranging from 6-37 ¾ to 6-57 ¾. Soft white wheat of Ordinary Protein for Nov. ended the day Unch, ranging from 5-65 to 5-70. DNS wheat with 14 % protein, prices for Nov. were dn ¼, ranging from 6-49 ½ to 6-64 ½.

Live Cattle for Dec. were up $.25, closing at 111.65. Nov. Feeder cattle were up $.95, to finish the day at 141.10. Oct. Class III milk was up $.73, at 18.88.

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