Wheat Soars

Wheat Soars

Matt Rice
Matt Rice
This is Matt Rice with today’s Market Line Report for Thursday. Grains soared higher yesterday as soybeans, corn, & wheat saw tremendous gains to end the 3rd QT. Virginia Mcgathey with the CME Group shares more .

McGathey “ .”

Chicago Wheat prices for Dec. rallied yesterday up 28 ½, to finish at 578. Dec. Corn up 14 ¼, to close the day at 379. Kansas City Hard Red Winter Wheat prices for Dec. were up 33 ¾, to close at 509 ¾.

Hard Red Winter Wheat with 11 ½ percent Protein, prices for Nov. were up 23 ¾ to 33 ¾, ranging from 6-54 ¾ to 6-84 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 up 15 ¾ to 25 ¾, ranging from 6-60 ¼ to 6-85 ¼.

Live Cattle for Dec. were dn $.77 ½, closing at 112.35. Nov. Feeder cattle were dn $1.72 ½, to finish the day at 142.05. Oct. Class III milk was up $.26, at 19.53.

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