Marketline Report for Thursday, March 11th
This is Bob Larson with today’s Market Line Report. Soybeans and Corn fall again, driving wheat lower as well. Here’s the CME’s Virginia McGathey with more.
McGathey “ .”
Chicago Soft Red Winter Wheat prices for May closed the day dn 5, to finish at 652 ½. March Corn was dn 11 ¾ to close at 534. Kansas City Hard Red Winter Wheat prices for May were dn 10, to settle at 616 ½.
Portland prices for Ordinary Club Wheat were Unch, ranging from 7-40 to 7-80. Soft white wheat of Ordinary Protein for May was Unch, ranging from 7-30 to 7-65. Hard Red Winter Wheat with 11 ½ percent Protein, for May were dn 10, ranging from 7-36 ½ to 7-46 ½. DNS wheat with 14 % protein, prices for April were dn 6 ¼, ranging from 7-56 ¼ to 7-66 ¼.
Live Cattle for April were dn $.87 ½, closing at 118.77 ½. May Feeder cattle were dn $.15, to finish the day at 146.82 ½. April Class III milk was dn $.07, at 18.33.
