Soybeans Heat Up

This is Matt Rice with the Ag Information Network and today’s Market Line Report for Friday. Soybeans found momentum yesterday as crop conditions excelled with cooler temps and more moisture. Here’s Ted Seifried with the CME Group to share more.

Chicago Soft Red Winter Wheat prices for Dec. closed the day Dn 31 ½, to finish at 7-49. Dec Corn was Up 3 ¾, to finish the day at 6-15 ¾. Kansas City Hard Red Winter Wheat prices for Dec. were DN 31 ½, to settle at 7-49.

Portland prices for Club Wheat with 10 ½ % Protein were Unch, ranging from 8-50 to 9-10. Soft white wheat with 10 ½ % Protein prices for Oct. were Dn 20-Unch, ranging from 8-22 to 8-90. Hard Red Winter Wheat with 11 ½ percent Protein prices for Oct. were Dn 37 ¾, ranging from 9-25 ¼ to 9-30 ¼. DNS wheat with 14 % protein, prices for Oct. were Dn 29 ½, ranging from 9-34 ¾ to 9-54 ¾.

Live Cattle for Oct. were Dn $1.10, closing at 145.40. Sept. Feeder Cattle were Dn $1.87 ½ to finish the day at 187.67 ½. Sept. Class III milk was Dn $.41 to settle at 20.26.