Corn Limits Up

This is Matt Rice with today’s Market Line Report for Tuesday. Corn limits up to start the week, taking back losses from Friday. Let’s go to Ted Seifried with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for May closed the day up 74 ¼, to finish at 9-34. May Corn was up 35, to finish the day at 6-90 ¾. Kansas City Hard Red Winter Wheat prices for May were up 62, to settle at 9-53.

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 April were Unch, ranging from 10-50 to 11-05. Hard Red Winter Wheat with 11 ½ percent Protein prices for April were up 62, ranging from 11-43 to 12-03. DNS wheat with 14 % protein, prices for April were up 33 ¾, ranging from 10-94 to 11-49.

Live Cattle for April were dn $.50, closing at 141.42 ½. April Feeder Cattle were dn $2.75 to finish the day at 162.00. March Class III milk was up $.15 to settle at 22.05.