Soybeans Hover Near 6 Year High's

This is Matt Rice with today’s Market Line Report for Wednesday. Even with yesterday’s dip in the market, soybeans are still trading near a 6 year high. Scott Shellady with the CME Group, shares the details.

Shellady “ .”

Chicago Soft Red Winter Wheat prices for March. closed the day dn 7 ¾, to finish at 577 ¼. March. Corn dn 5 ¼, to close at 420 ¾. Kansas City Hard Red Winter Wheat prices for March. were dn 8, to settle at 539.

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 dn 8, ranging from 6-79 to 6-84. Soft white wheat of Ordinary Protein for March ended the day Unch, ranging from 6-20 to 6-45. DNS wheat with 14 % protein, prices for March were dn 3 ¾, ranging from 6-64 ¼ to 6-94 ¼.

Live Cattle for Feb. were up $.30, closing at 113.17 ½. Jan. Feeder cattle were up $.60, to finish the day at 141.65. Dec. Class III milk was up $.09, at 15.24.