Crop Stress

Crop Stress

Matt Rice
Matt Rice
This is Matt Rice with the Ag Information Network and today’s Market Line Report for Monday. Triple digit temps in Argentina raise concerns over Soybean crop stress. Let’s go to Oliver Sloup with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for March closed the day Dn 12, to finish at 7-34 ¼. March Corn was Up 1 ¼, to finish the day at 6-44. Kansas City Hard Red Winter Wheat prices for March were Dn 11 ¾, to settle at 8-33.

Portland prices for Club Wheat with 10 ½ % Protein were UNCH, ranging from 8-55 to 9-30. Soft White Wheat with 10 ½ % Protein prices for Jan. were UNCH, ranging from 8-50 to 8-85. Hard Red Winter Wheat with 11 ½ percent Protein prices for Jan. were DN 11 ¾, ranging from 9-53 to 9-73. DNS wheat with 14 % protein, prices for Jan. were Dn 08, ranging from 9-81 ½ to 10-01 ½.

Live Cattle for Feb. were Up $1.62 ½, closing at 155.55. Jan. Feeder Cattle were Up $.45, to finish the day at 183.92 ½. Jan. Class III milk was Up $.01, to settle at 19.24.

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