Marketline Report for Wednesday, June 22nd

This is Bob Larson with the Market Line Report for Wednesday, June 22nd. The cash cattle markets are strong in Tuesday trading. From the floor of the CME in Chicago, here’s Terry Roggensack.

ROGGENSACK … “.”

Chicago July Wheat prices closed Dn 59, at 9-75 ¾ July Corn was Dn 23 ¾ at 7-58 ½ Kansas July Wheat was Dn 63 ¾ at 10-42 ¾ .

Portland prices for Club Wheat ended the day UNCH, ranging from 11-00 to 11-90. Soft white wheat of ordinary protein for July was dn .35 ranging from 11-05 to 11-50. Hard Red Winter Wheat with 11 ½ percent Protein for July was dn 56 ¾ ranging from 11-33 ¼ to 11-58 ¼ . DNS wheat with 14% protein for July was dn 51 ¾ ranging from 11-87 ¾ to 12-17 ¾ .

Live Cattle for Aug was dn $.32 ½ closing at $136.22 ½. Aug Feeder Cattle was Up $2.35, to finish at $175.42 ½ Aug Class III milk was dn $.27 to at $23.97.