Key Corn Levels

Key Corn Levels

Matt Rice
Matt Rice
This is Matt Rice with today’s Market Line Report for Thursday. Corn see’s technical limitations in the market as prices saw some resistance at key levels. Let’s go to Virginia McGathey with the CME Group to learn more.

Chicago Soft Red Winter Wheat prices for March closed the day dn 14, to finish at 7-55. March Corn was dn 12 ¼, to close at 6-22 ¼. Kansas City Hard Red Winter Wheat prices for March were dn 16 ¾, to settle at 7-69 ½.

Portland prices for Club Wheat with 10 ½ % Protein was Unch, ranging from 10-50 to 13-50. Soft white wheat with 10 ½ % Protein for Feb. was Unch, ranging from 10-50 to 11-00. Hard Red Winter Wheat with 11 ½ percent Protein for Feb. had a mixed marked up 8 ¼ and dn 16 ¾, ranging from 9-69 ½ to 10-19 ½. DNS wheat with 14 % protein, prices for April were dn 6 ¼, ranging from 10-15 ¼ to 10-55 ¼.

Live Cattle for Feb. were up $.82 ½, closing at 141.17 ½. March Feeder cattle were up $3.17 ½, to finish the day at 166.87 ½. Feb. Class III milk was up $.18, to settle at 20.31.

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