Concerns Of Consumer Demand

This is Matt Rice with the Ag Information Network and today’s Market Line Report for Friday. Fears of domestic demand continues as the stock market overall struggles. Let’s go to Ted Seifried with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for Dec. closed the day Dn 15 ¼, to finish at 8-29. Dec Corn was Dn 2 ½, to finish the day at 6-68 ½. Kansas City Hard Red Winter Wheat prices for Dec. were Dn 8 ½, to settle at 8-93.

Portland prices for Club Wheat with 10 ½ % Protein were Unch, ranging from 9-15 to 9-80. Soft white wheat with 10 ½ % Protein prices for Nov. were Unch, ranging from 8-94 to 9-50. Hard Red Winter Wheat with 11 ½ percent Protein prices for Nov. were Dn 08 ½, ranging from 10-03 to 10-43. DNS wheat with 14 % protein, prices for Nov. were 1 ¾, ranging from 9-78 ¼ to 9-98 ¼.

Live Cattle for Oct. were Up $.12 ½, closing at 144.37 ½. Oct. Feeder Cattle were Up $.45, to finish the day at 184.40. Oct. Class III milk was Up $.25, to settle at 20.59.