Corn Dips 2%

This is Matt Rice with today’s Market Line Report for Friday. Corn keeping an eye on mother nature as dryer weather continues to be factor . Let’s go to Scott Shellady with the CME Group to find out more.

Chicago Soft Red Winter Wheat prices for July closed the day dn 11 ¼, to finish at 676 ¼. July Corn was dn 13, to close at 662. Kansas City Hard Red Winter Wheat prices for July wered dn 9 ½, to settle at 624 ¼.

Portland prices for Club Wheat with Oridinaly Protein were Unch, to settle at 7-75. Soft white wheat of Ordinary Protein for July was Unch, ranging from 7-75 to 7-85. Hard Red Winter Wheat with 11 ½ percent Protein, for July was dn 9 ½, ranging from 7-44 ¼ to 7-54 ¼. DNS wheat with 14 % protein, prices for July were dn 10 ½ to 5 ½, ranging from 8-77 ½, to 8-92 ½.

Live Cattle for Aug were dn $.72 ½, closing at 118.52 ½. Aug Feeder cattle were up $.62 ½, to finish the day at 152.95. July Class III milk was dn $.04, to settle at 17.85.