Soybeans Leading The Grain Market

This is Matt Rice with today’s Market Line Report for Monday. Soybeans leading the grain market, to finish stronger yet again. The trading floor was closed Friday, so let’s go to Scott Shellady with the CME Group to hear the recap.

Shellady “ .”

Chicago Soft Red Winter Wheat prices for March closed the day Dn ¼, to finish at 640 ½. March Corn up 9 ½, to close at 484. Kansas City Hard Red Winter Wheat prices for March. were up 2 ¼, to settle at 603 ½.

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 2 ¼, ranging from 7-48 ½ to 7-68 ½. Soft white wheat of Ordinary Protein for March was Unch, ranging from 6-40 to 6-70. DNS wheat with 14 % protein, prices for March were up 3, ranging from 7-24 ¼ to 7-34 ¼.

Live Cattle for Feb. were up, $.57 ½, closing at 115.02 ½. March Feeder cattle were up $.47 ½, to finish the day at 140.22 ½. Feb. Class III milk was dn $.42, at 17.49.