Soybeans Still Recovering
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.