Marketline Report for Wednesday, July 13th

This is Bob Larson with the Market Line Report for Wednesday, July 13th. Cattle prices continue their uphill trend in Tuesday trading. From the floor of the CME in Chicago, here’s Ted Seifriend.

SEIFRIED … “.”

Chicago July Wheat prices closed up 13 ¼ at 6-35 ¾ … Corn was up 1 at 5-74 … Kansas Wheat was up 07 ¾ at 8-18 ½

Portland prices for Club Wheat ended the day up .10 ranging from 6-85 to 7-50 … Soft white wheat of ordinary protein was up .10 ranging from 6-85 to 7-00 … Hard Red Winter Wheat with 11 ½ percent Protein was up 5 ¾ ranging from 8-17 to 8-37 … DNS wheat with 14% protein was up .13 ¾ ranging from 8-98 to 9-08

Live Cattle for Feb was up $1.62 ½ at $178.72 ½ … Feeder Cattle was up $.90, at $246.92 ½ … Class III milk was up $.06 at $13.95.