April LE Cattle Finish Week On Strong Foundation

April LE Cattle Finish Week On Strong Foundation

Matt Rice
Matt Rice
This is Matt Rice with the Ag Information Network and today’s Market Line Report for Monday. April Live Cattle reverses early declines to close higher on Friday. 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 2 ½, to finish at 7-50. March Corn was Up ½, to finish the day at 6-83. Kansas City Hard Red Winter Wheat prices for March were Up 4 ½, to settle at 8-69 ¼.

Portland prices for Club Wheat with 10 ½ % Protein was Unch- Up 10, ranging from 8-25 to 9-00. Soft white wheat with 10 ½ % Protein prices for Feb. were Unch – Up 09, ranging 8-23 to 8-45. Hard Red Winter Wheat with 11 ½ percent Protein prices for March were Up 4 ½, ranging from 9-89 ¼ to 9-99 ¼. DNS wheat with 14 % protein, prices for March were Up 3 ½, settling at 10-01 ½.

Live Cattle for April were Up $.30, closing at 160.82 ½. March Feeder Cattle were Up $.62 ½ to finish the day at 183.47 ½. March Class III milk was Dn $.15 to settle at 18.01.

Previous ReportCorn Market Finds Support
Next ReportLE Cattle Rally