Soybeans Rally

Soybeans Rally

Matt Rice
Matt Rice
This is Matt Rice with the Ag Information Network and today’s Market Line Report for Friday. Soybeans rallied yesterday reaching highs not seen since the middle of Sept. Let’s go to Ted Seifried with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for March closed the day Dn 3 ¼, to finish at 7-46 ¼. March Corn was Up 1 ¼, to finish the day at 6-42 ½. Kansas City Hard Red Winter Wheat prices for March were Dn 4, to settle at 8-44 ¾.

Portland prices for Club Wheat with 10 ½ % Protein were Dn .10 - UNCH, ranging from 8-55 to 9-30. Soft White Wheat with 10 ½ % Protein prices for Jan. were DN .10 - UNCH, ranging from 8-50 to 8-85. Hard Red Winter Wheat with 11 ½ percent Protein prices for Jan. were DN 04, ranging from 9-64 ¾ to 9-84 ¾. DNS wheat with 14 % protein, prices for Jan. were Up 07 ½, ranging from 9-89 ½ to 10-09 ½.

Live Cattle for Feb. were Up $.37 ½, closing at 153.92 ½. Jan. Feeder Cattle were Up $2.57 ½, to finish the day at 183.47 ½. Jan. Class III milk was Dn $.39, to settle at 19.23.

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