Beef Export Demand Holds Steady

This is Matt Rice with the Ag Information Network and today’s Market Line Report for Monday. Weekly export beef sales rally in the 4 week ave. Let’s go to Oliver Sloup with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for Sept. closed the day Dn 8 ¼, to finish at 7-04 ¼. Dec. Corn was Dn 12, to finish the day at 5-30 ¼. Kansas City Hard Red Winter Wheat prices for Sept. were Dn 10 ¼, to settle at 8-56 ¼.

Portland prices for Club Wheat with 10 ½ % Protein were Unch, ranging from 7-40 to 8-00. Soft White Wheat with 10 ½ % Protein prices for Sept. were Dn 10 - UNCH, ranging from 7-30 to 8-00. Hard Red Winter Wheat with 11 ½ percent Protein prices for Sept. were Dn 10 ¼, ranging from 8-56 ½ to 8-86 ¼. DNS wheat with 14 % protein, prices for Oct. were Dn 08, ranging from 9-57 to 9-62.

Live Cattle for Oct. were Up $.10, closing at 179.60. Oct. Feeder Cattle were Up $.70, to finish the day at 248.97 ½. Aug. Class III milk was Up $.28, to settle at 17.26.