Grains Find Support

This is Matt Rice with the Ag Information Network and today’s Market Line Report for Monday. Grains find support as “bomb cyclone” ramps up across the Midwest. Let’s go to Oliver Sloup with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for March closed the day Up 13 ¾, to finish at 7-76. March Corn was Up 5 ¾, to finish the day at 6-66 ¼. Kansas City Hard Red Winter Wheat prices for March were Up 8 ¾, to settle at 8-74 ¾.

Portland prices for Club Wheat with 10 ½ % Protein were Up 05- UNCH, ranging from 8-50 to 9-30. Soft White Wheat with 10 ½ % Protein prices for Feb. were Up 05 - UNCH, ranging from 8-54 to 8-85. Hard Red Winter Wheat with 11 ½ percent Protein prices for Feb. were Up 8 ¾, ranging from 9-94 ¾ to 10-14 ¾. DNS wheat with 14 % protein, prices for Feb. were Up 9 ½, ranging from 10-11 ¾ to 10-31 ¾.

Live Cattle for Feb. were Up $.45, closing at 157.75. March Feeder Cattle were Up $.30, to finish the day at 186.75. Jan. Class III milk was Up $.21, to settle at 19.46.