Grains Fall Into Bear Market

Grains Fall Into Bear Market

Matt Rice
Matt Rice
This is Matt Rice with the Ag Information Network and today’s Market Line Report for Wednesday. Grains as a whole fell into bearish territory as prices across the board saw red. Let’s go to Terry Roggensack with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for July closed the day Dn 4, to finish at 6-53. July Corn was Up ¼, to finish the day at 6-07 ¾. Kansas City Hard Red Winter Wheat prices for July were Dn 14 ½, to settle at 8-03.

Portland prices for Club Wheat with 10 ½ % Protein was Dn 45 - Unch, ranging from 7-15 to 7-85. Soft white wheat with 10 ½ % Protein prices for June were Dn 20 - Unch, ranging from 7-15 to 7-65. Hard Red Winter Wheat with 11 ½ percent Protein prices for June were Dn 14 ½ - 19 ½, ranging from 9-18 to 9-43. DNS wheat with 14 % protein, prices for June were Dn 4 ¼ - 14 ¼, settling at 9-21 ½.

Live Cattle for June was Dn $.52 ½, closing at 164.02 ½. Aug. Feeder Cattle were Up $.17 ½, to finish the day at 229.50. June Class III milk was Dn $.34, to settle at 17.25.

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