Corn Exports On The Rise

This is Matt Rice with today’s Market Line Report for Wednesday. Corn exports on the rise this year, which has helped build a solid foundation and stronger market. Scott Shellady with the CME Group shares more.

Shellady“ .”

Chicago Wheat prices for Dec. closed the day up 5, to finish at 632. Dec. Corn up 3 ½, to close at 408 ¾. Kansas City Hard Red Winter Wheat prices for Dec. were up 8, to close at 571.

Portland Hard Red Winter Wheat with 11 ½ percent Protein, for Jan. were up 8, ranging from 7-23 to 7-28. Soft white wheat of Ordinary Protein for Jan. ended the day Unch to up 15, ranging from 5-90 to 6-30. DNS wheat with 14 % protein, prices for Jan. were 12, ranging from 7-13 to 7-23.

Live Cattle for Dec. were up $.12 ½, closing at 104.25. Jan. Feeder cattle were up $1.47 ½, to finish the day at 126.70. Nov. Class III milk was dn $.16, at 21.49.