Cash Cattle Soar

Cash Cattle Soar

Matt Rice
Matt Rice
This is Matt Rice with the Ag Information Network and today’s Market Line Report for Friday. Cash Cattle prices soar as tight supplies continue to drive record high prices. Let’s go to Oliver Sloup with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for July closed the day Up 16 ½, to finish at 6-10 ¾. July Corn was Dn 1 ½, to finish the day at 5-92 ½. Kansas City Hard Red Winter Wheat prices for July were Up 12, to settle at 8-02 ½.

Portland prices for Club Wheat with 10 ½ % Protein was Unch – Up 25, ranging from 6-90 to 7-65. Soft white wheat with 10 ½ % Protein prices for Aug. were Unch, ranging from 6-90 to 7-30. Hard Red Winter Wheat with 11 ½ percent Protein prices for Aug. were Up 12 ¼, ranging from 8-67 ½ to 8-77 ½. DNS wheat with 14 % protein, prices for Aug. were Up 8 ¼, ranging from 8-65 ¾ to 8-70 ¾.

Live Cattle for Aug. was Up $4.70, closing at 172.37 ½. Aug. Feeder Cattle were Up $2.47 ½, to finish the day at 241.65. June Class III milk was Up $.22 to settle at 15.63.

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