Marketline Report for Wednesday, August 11th

This is Bob Larson with the Market Line Report for Wednesday, August 11th. Hogs trading at historically wide discount to the cash market. From the floor of the CME in Chicago, here’s Terry Roggensack.

ROGGENSACK … “

Chicago Sept Wheat prices closed yesterday up 15 ¾ at 727

Sept Corn was dn 1 at 549

Portland prices for soft white wheat of Ordinary Protein for Aug ended the day unch ranging from 8-95 to 9-70 Hard Red Winter wheat with 11 ½ % protein, prices for Aug were up 12 ¾ ranging from 8-19 ¼ to 8-74 ¼ DNS wheat with 14 % protein, prices for Aug were up 6 ¾ ranging from 10-20 ½ to 10-50 ½

Live Cattle for Aug were up $.65 at 123.75 Aug Feeder cattle are up $.02 to 159.07 ½ Aug Class III milk was up .09 cents at 16.18