Softer Corn and Wheat Numbers

Softer Corn and Wheat Numbers

Matt Rice
Matt Rice
This is Matt Rice with today’s Market Line Report for Friday. Wheat and corn softer yesterday, but grains as a whole remain to have a bullish outlook. Here’s Virginia McGathey with the CME Group to share more.

McGathey “ .”

Chicago Soft Red Winter Wheat prices for Dec. closed the day dn 6, to finish at 591 ¾. March. Corn dn 3 ¼, to close at 427 ¼. Kansas City Hard Red Winter Wheat prices for March. were dn 9 ¼, to settle at 557.

Portland prices for Ordinary Club Wheat were up 5 - Unch, ranging from 6-20 to 6-45. Portland Hard Red Winter Wheat with 11 ½ percent Protein, for Jan. were dn 9 ¼-14 ¼, ranging from 6-97 to 7-07. Soft white wheat of Ordinary Protein for Jan. ended the day up to Unch, ranging from 6-20 to 6-28. DNS wheat with 14 % protein, prices for Feb. were dn 4, ranging from 6-78 ¼ to 7-08 ¼.

Live Cattle for Feb. were dn $2.62 ½, closing at 110.52 ½. Jan. Feeder cattle were dn $1.75, to finish the day at 135.55. Dec. Class III milk was dn $.42, at 15.59.

Previous ReportCattle Retreat
Next ReportSoybeans Reaching for $12 Mark