Volatile Soybean Market

This is Matt Rice with today’s Market Line Report for Tuesday. Soybeans rock the boat again, with more range in the last 18 trading days than over the course of an average year. Here’s Scott Shellady with the CME Group to share more.

Shellady “ .”

Chicago Soft Red Winter Wheat prices for March closed the day dn 6 ¼, to finish at 649 ½. March Corn was dn 7 ½ to close at 556 ¼. Kansas City Hard Red Winter Wheat prices for March. were dn 6, to settle at 633 ½.

Portland prices for Ordinary Club Wheat were Unch, ranging from 7-30 to 7-55. Soft white wheat of Ordinary Protein for April was Unch, ranging from 7-10 to 7-45. Hard Red Winter Wheat with 11 ½ percent Protein, for April were dn 5 ¾, ranging from 7-63 ½ to 7-83 ½. DNS wheat with 14 % protein, prices for April was dn 8 ¾, ranging from 7-47 ½ to 7-62 ½.

Live Cattle for April were up $.12 ½, closing at 123.82 ½. March Feeder cattle were up $1.20, to finish the day at 138.65. March Class III milk was dn $.23, at 16.31.