Soybean Exports Up 70%

This is Matt Rice with today’s Market Line Report for Wednesday. Soybean’s sitting on a solid foundation, exports up 70% from last year. Let’s check in with Scott Shellady with the CME Group to hear more.

Shellady “ .”

Chicago Soft Red Winter Wheat prices for March. closed the day up 13, to finish at 617 ½. March. Corn dn ¾, to close at 432 ½. Kansas City Hard Red Winter Wheat prices for March. were up 10 ¼, to settle at 570 ¾ .

Portland prices for Ordinary Club Wheat was Unch, ranging from 6-25 to 6-45. Portland Hard Red Winter Wheat with 11 ½ percent Protein, for March were up 10 ¼, ranging from 7-10 ¾ to 7-15 ¾. Soft white wheat of Ordinary Protein for March ended the day Unch to up 10, ranging from 6-20 to 6-45. DNS wheat with 14 % protein, prices for March were up 8 ¾, ranging from 6-84 ¾ to 7-14 ¾.

Live Cattle for Feb. were up $1.05, closing at 113.95. Jan. Feeder cattle were up $.77 ½, to finish the day at 138.60. Dec. Class III milk was dn $.03, at 15.63.