Cattle Market Down

This is Matt Rice with today’s Market Line Report for Monday. Cattle market slowed at the end of the week, fears of 4th QT demand hold traders back. Virginia McGathey with the CME Group shares more.

McGathey “ .”

Chicago Wheat prices for Dec. closed Friday up 3, to finish at 573 ¼. Dec. Corn dn 3, to close the week at 379 ¾. Kansas City Hard Red Winter Wheat prices for Dec. were up 3, to close at 509 ½.

Hard Red Winter Wheat with 11 ½ percent Protein, prices for Nov. were up 3, ranging from 6-64 ½ to 6-84 ½. Soft white wheat of Ordinary Protein for Dec. ended the day Unch to up 4, ranging from 5-65 to 5-79. DNS wheat with 14 % protein, prices for Nov. were up 1 ¾, ranging from 6-51 ¾ to 6-76 ¾.

Live Cattle for Dec. were dn $.72 ½, closing at 111.10 ½. Nov. Feeder cattle were dn $1.37 ½, to finish the day at 139.87 ½. Oct. Class III milk was up $.17, at 20.18.