Brazil Planting Influences US Exports

This is Matt Rice with the Ag Information Network and today’s Market Line Report for Friday. Earlier than expected planting windows could influence US Soybean market and exports. Let’s go to Ted Seifried with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for Dec. closed the day Dn 9 ¼, to finish at 5-99 ¾. Dec. Corn was Up ½, to finish the day at 4-86 ¼. Kansas City Hard Red Winter Wheat prices for Dec. were Dn 12 ½, to settle at 7-37.

Portland prices for Club Wheat with 10 ½ % Protein were Unch, ranging from 6-95 to 7-35. Soft White Wheat with 10 ½ % Protein prices for Nov. were UNCH, ranging from 6-90 to 7-05. Hard Red Winter Wheat with 11 ½ percent Protein prices for Nov. were Dn 12 ½, ranging from 7-57 to 7-72. DNS wheat with 14 % protein, prices for Nov. were Dn 07 ¾, to settle at 8-24 ¾.

Live Cattle for Oct. were Up $.95, closing at 183.65. Oct. Feeder Cattle were Up $2.40, to finish the day at 258.87 ½. Oct. Class III milk was Up $.26, to settle at 19.21.