Cattle Exports Continue to Boom

Cattle Exports Continue to Boom

Matt Rice
Matt Rice
This is Matt Rice with today’s Market Line Report for Friday. Cattle Exports continue to boom, reaching record highs as prices continue to trend upward. Let’s go to Terry Roggensack with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for March closed the day up 24 ½, to finish at 8-15. March Corn was up 5 ¼, to close at 5-76 ¾. Kansas City Hard Red Winter Wheat prices for March were up 23, to settle at 8-42 ¼.

Portland prices for Club Wheat with 10 ½ % Protein were Unch, ranging from 10-65 to 14-00. Soft white wheat with 10 ½ % Protein prices for Jan. were up 15 - Unch, ranging from 10-65 to 11-50. Hard Red Winter Wheat with 11 ½ percent Protein prices for Jan. were up 23, ranging from 10-07 ¼ to 10-37 ¼. DNS wheat with 14 % protein, prices for Jan. were up 22 ½, ranging from 11-42 ¼ to 11-57 ¼.

Live Cattle for Feb. were up $.97 ½, closing at 139.57 ½. Jan. Feeder cattle were dn $.05, to finish the day at 165.77 ½. Jan. Class III milk was up $.19 to settle at 18.29.

Previous ReportCattle Bounce Back
Next ReportWeekly Cattle Update