Winter Weather Set's Cattle Back

This is Matt Rice with today’s Market Line Report for Thursday. Cattle cool off a bit, as winter storms linger but not enough to shake the market off course. Let’s go to Virginia McGathey with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for May closed the day up ½, to finish at 7-86 ¼. March Corn was up 9, to finish the day at 6-47. Kansas City Hard Red Winter Wheat prices for March were up 2, to settle at 8-08.

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 2, ranging from 10-08 to 10-58. DNS wheat with 14 % protein, prices for March were mixed dn 1 and up 4, ranging from 10-62 to 11-07.

Live Cattle for April were up $.02 ½, closing at 146.92 ½. March Feeder Cattle were dn $1.27 ½ to finish the day at 167.45. March Class III milk was dn $.66 to settle at 22.31.