Grains Finish Week Strong

This is Matt Rice with today’s Market Line Report for Monday. Grains found momentum to finish the week, with more bullish factors stacking up. Here’s Virginia McGathey with the CME Group to share more.

Chicago Soft Red Winter Wheat prices for March closed the day up 26 ¼, to finish at 7-97 ¾. March Corn was up 9 ¼, to finish the day at 6-51. Kansas City Hard Red Winter Wheat prices for March were up 23 ¼, to settle at 8-24 ¼.

Portland prices for Club Wheat with 10 ½ % Protein were Unch, ranging from 10-50 to 13-50. Soft white wheat with 10 ½ % Protein prices for March were Unch, ranging from 10-50 to 11-00. Hard Red Winter Wheat with 11 ½ percent Protein prices for March were up 23 ¼, ranging from 10-24 ¼ to 10-74 ¼. DNS wheat with 14 % protein, prices for March were up 19 ¼, ranging from 10-71 ½ to 11-11 ½.

Live Cattle for April were dn $.70, closing at 146.17 ½. March Feeder Cattle were dn $.50 to finish the day at 166.22 ½. March Class III milk was up $.57 to settle at 22.68.