Demand In The Grain Market

This is Matt Rice with today’s Market Line Report for Monday. More demand in the grain market as last week ended on a high note for corn and wheat. Let’s go to Virginia McGathey with the CME Group to hear more.

McGathey “ .”

Chicago Soft Red Winter Wheat prices for March closed the day up 12 ¾, to finish at 629 ¾. March Corn up 3 ¾, to close at 447 ¼. Kansas City Hard Red Winter Wheat prices for March. were up 8 ¾, to settle at 588.

Portland prices for Ordinary Club Wheat was Unch, ranging from 6-40 to 6-75. Portland Hard Red Winter Wheat with 11 ½ percent Protein, for March were up 8 ¾, ranging from 7-33 to 7-53. Soft white wheat of Ordinary Protein for March was Unch, ranging from 6-50 to 6-70. DNS wheat with 14 % protein, prices for March were up 8 ½, ranging from 7-05 to 7-15.

Live Cattle for Feb. were up $1.27 ½, closing at 114.72 ½. March Feeder cattle were up $.07 ½, to finish the day at 141.95. Feb. Class III milk was up $.60, at 17.80.