Marketline Report for Thursday, February 2

This is Bob Larson with the Market Line Report for Thursday, February 2nd. Grains, across the board, fell in Tuesday trading. From the floor of the CME in Chicago, here’s Virginia McGathey.

McGATHEY … “.”

Chicago March Wheat prices closed dn 3 ¼, at 7-58 … Corn was up 1 at 6-81 … Kansas Wheat was up 4 ¼ at 8-83 ¼

Portland prices for March Club Wheat ended the day unch ranging from 8-50 to 9-00 … Soft white wheat of ordinary protein was dn .05 ranging from 8-40 to 8-55 … Hard Red Winter Wheat with 11 ½ percent Protein was up 05 ranging from 9-74 ¼ to 9-84 ¼ … DNS wheat with 14% protein was up .03 ¾ ranging from 9-99 ¼ to 10-09 ¼

Live Cattle for Feb was dn $3.85 at $162.17 ½ … Feeder Cattle was dn $2.92 ½, at $183.22 ½ … Class III milk was up $.11 at $17.67.