More Red In Grain Market

This is Matt Rice with the Ag Information Network and today’s Market Line Report for Monday. Grains struggled last week as the market came to a close despite the Bullish USDA Report. Let’s go to Virginia McGathey with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for Sept. closed the day Dn 38, to finish at 8-46. Sept. Corn was Dn 9, to finish the day at 6-19 ¾. Kansas City Hard Red Winter Wheat prices for Sept. were Dn 38 ¼, to settle at 9-13 ½.

Portland prices for Club Wheat with 10 ½ % Protein was Dn 10-Unch, ranging from 10-00 to 10-60. Soft white wheat with 10 ½ % Protein prices for Sept. were Dn 50-Unch, ranging from 9-50 to 10-50. Hard Red Winter Wheat with 11 ½ percent Protein prices for Sept. were Dn 38 ¼, ranging from 9-98 ½ to 10-28 ½. DNS wheat with 14 % protein, prices for Sept. were Dn 42, ranging from 10-08 to 10-43.

Live Cattle for Aug were Up $2.02 ½, closing at 134.60. Aug Feeder Cattle were Up $.90 to finish the day at 174.50. Aug Class III milk was Dn $.40 to settle at 22.42.