Productive Soybean Market

This is Matt Rice with today’s Market Line Report for Friday. Soybeans stay productive while corn, wheat and cattle all trading lower. Scott Shellady with the CME Group, recaps market highs and lows.

Shellady “ .”

Chicago Wheat prices for Dec. closed the day dn 12 ¼, to finish at 595 ¼. Dec. Corn dn 1 ¾, to close at 387. Kansas City Hard Red Winter Wheat prices for Dec. were dn 15 ¾, to close at 528 ¾ .

Portland prices for Hard Red Winter Wheat with 11 ½ percent Protein, for Nov. were dn 15 ¾, ranging from 6-73 ¾ to 7-03 ¾. Soft white wheat of Ordinary Protein for Dec. ended the day UNCH to dn 5, ranging from 5-65 to 5-90. DNS wheat with 14 % protein, prices for Nov. were dn 6 ¾, ranging from 6-62 ½ to 6-87 ½.

Live Cattle for Dec. were dn $.47 ½, closing at 112.62 ½. Nov. Feeder cattle were dn $1.42 ½, to finish the day at 136.45. Nov. Class III milk was dn $.06, at 19.30.