Corn Climbs Higher

This is Matt Rice with today’s Market Line Report for Tuesday. Corn continues to climb higher, starting the week with an 8-cent rally with the help of a weaker dollar. Let’s go to Virginia McGathey with the CME Group to share more.

McGathey “ .”

Chicago Soft Red Winter Wheat prices for May closed the day up 14 ¼, to finish at 669 ¾. March Corn was up 8 ¾ to close at 550 ½. Kansas City Hard Red Winter Wheat prices for May were up 12 ¾, to settle at 651.

Portland prices for Ordinary Club Wheat were Unch, ranging from 7-40 to 7-70. Soft white wheat of Ordinary Protein for April was Unch, ranging from 7-20 to 7-45. Hard Red Winter Wheat with 11 ½ percent Protein, for April were up 12 ¾, ranging from 7-76 to 7-91. DNS wheat with 14 % protein, prices for April were up 9 ¾, ranging from 7-59 ¾ to 7-74 ¾.

Live Cattle for April were dn $.62 ½, closing at 123.05. March Feeder cattle were up $.20, to finish the day at 139.32 ½. March Class III milk was up $.09, at 16.36.