Corn Holds Steady

This is Matt Rice with the Ag Information Network and today’s Market Line Report for Monday. Corn prices hold steady as exports beat expectations through the week. Let’s go to Ted Siefried with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for March closed the day Dn 3 ¾, to finish at 7-53 ½. March Corn was Dn ½, to finish the day at 6-53. Kansas City Hard Red Winter Wheat prices for March were Dn 16 ½, to settle at 8-44.

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 Feb. were UNCH, ranging from 8-54 to 8-85. Hard Red Winter Wheat with 11 ½ percent Protein prices for Feb. were Dn 16 ½, ranging from 9-64 to 9-84. DNS wheat with 14 % protein, prices for Feb. were Dn 9 ¼, ranging from 9-89 ½ to 10-09 ½.

Live Cattle for Feb. were Up $.92 ½, closing at 155.77 ½. Jan. Feeder Cattle were Up $.02 ½, to finish the day at 184.70. Jan. Class III milk was Dn $.40, to settle at 19.24.