Cattle Slip

Cattle Slip

Matt Rice
Matt Rice
This is Matt Rice with today’s Market Line Report for Monday. Cattle quieter to end the week, as prices fell through recent lows. Let’s go to Terry Roggensack with CME Group to hear more.

Chicago Soft Red Winter Wheat prices for March closed the day dn 10 ¼, to finish at 7-80. March Corn was up 5 ¼, to close at 6-16 ¼. Kansas City Hard Red Winter Wheat prices for March were dn 3 ¼, to settle at 7-93 ¼.

Portland prices for Club Wheat with 10 ½ % Protein were Unch, ranging from 10-20 to 14-00. Soft white wheat with 10 ½ % Protein prices for March were Unch, ranging from 10-20 to 11-50. Hard Red Winter Wheat with 11 ½ percent Protein prices for March were Dn 3 ¼, ranging from 9-68 ¼ to 9-93 ¼. DNS wheat with 14 % protein, prices for March were dn 8 ¾, ranging from 10-45 to 10-56.

Live Cattle for April were dn $1.07 ½, closing at 142.10. March Feeder cattle were dn $1.65, to finish the day at 163.30. Feb. Class III milk was dn $.32 to settle at 20.54.

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