Weekly Cattle Recap

This is Matt Rice with the Ag Information Network and today’s Market Line Report for Monday. Cash Cattle stabilized through the week, however beef exports fell well below average. Let’s go to Oliver Sloup with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for Sept. closed the day Dn 6 ¾, to finish at 7-75 ¾. Dec Corn was Up 3 ¾, to finish the day at 6-10. Kansas City Hard Red Winter Wheat prices for Sept were Dn 12, to settle at 8-48 ¼.

Portland prices for Club Wheat with 10 ½ % Protein were Unch, ranging from 9-00 to 9-75. Soft white wheat with 10 ½ % Protein prices for Sept. were Up 10 -Unch, ranging from 9-00 to 9-25. Hard Red Winter Wheat with 11 ½ percent Protein prices for Sept. were Dn 12, ranging from 9-58 ¼ to 9-68 ¼. DNS wheat with 14 % protein, prices for Oct. were Dn 8 ¼, ranging from 9-80 ½ to 9-90 ½.

Live Cattle for Oct. were Up $.22 ½, closing at 144.05. Sept. Feeder Cattle were Up $.85 to finish the day at 183.42 ½. Sept. Class III milk was Dn $.18 to settle at 19.30.