LE Trade On Both Sides Of Unchanged

This is Matt Rice with the Ag Information Network and today’s Market Line Report for Thursday. April LE traded both on sides of unch after marking new highs in the past 4 sessions to finish the day in the red. 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 15, to finish at 7-64 ¾. March Corn was Up 4 ½, to finish the day at 6-78 ½. Kansas City Hard Red Winter Wheat prices for March were Up 10 ¼, to settle at 8-96.

Portland prices for Club Wheat with 10 ½ % Protein was Unch, ranging from 8-50 to 9-00. Soft white wheat with 10 ½ % Protein prices for March were Unch, ranging 8-45 to 8-58. Hard Red Winter Wheat with 11 ½ percent Protein prices for March were Up 10 ¼, ranging from 10-16 to 10-26. DNS wheat with 14 % protein, prices for March were Up 09, to settle at 10-06 ¼.

Live Cattle for April were Up $.10, closing at 163.70. March Feeder Cattle were Dn $.75 to finish the day at 186.45. March Class III milk was Up $.21, to settle at 17.62.