Cattle Start Week Firm

This is Matt Rice with the Ag Information Network and today’s Market Line Report for Tuesday. Live Cattle find more demand as the week kicks off while Feeders hold steady . Let’s go to Virginia McGathey with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for Dec. closed the day Dn 2, to finish at 8-45 ¾. Dec Corn was Dn 5 ¼, to finish the day at 6-75 ¾. Kansas City Hard Red Winter Wheat prices for Dec. were Up 4, to settle at 9-57 ¼.

Portland prices for Club Wheat with 10 ½ % Protein were UNCH – Dn 05, ranging from 8-95 to 9-90. Soft White Wheat with 10 ½ % Protein prices for Dec. were UNCH – Dn 10, ranging from 8-93 to 9-25. Hard Red Winter Wheat with 11 ½ percent Protein prices for Jan. were Up 03, ranging from 10-73 ¾ to 10-93 ¾. DNS wheat with 14 % protein, prices for Jan. were Up 5 ¾, ranging from 10-52 ¼ to 10-72 ¼.

Live Cattle for Dec. were Up $1.40, closing at 153.05. Jan. Feeder Cattle were Up $.30, to finish the day at 179.92 ½. Dec. Class III milk was Up $.12, to settle at 20.47.