Corn Futures Bearish

Corn Futures Bearish

Matt Rice
Matt Rice
This is Matt Rice with the Ag Information Network and today’s Market Line Report for Tuesday. The Corn Market continues to find bearish news, as corn futures set another new low. Let’s go to Virginnia McGathey with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for March closed the day Dn 19 ¾, to finish at 5-96 ¼. March Corn was Dn 5 ¾, to finish the day at 4-55. Kansas City Hard Red Winter Wheat prices for March were Dn 12 ¾, to settle at 6-15 ¼.

Portland prices for Club Wheat with 10 ½ % Protein was Unch, ranging from 6-95 to 7-30. Soft white wheat with 10 ½ % Protein prices for March were Unch, ranging 6-50 to 7-20. Hard Red Winter Wheat with 11 ½ percent Protein prices for March were Dn 12 ¾, ranging from 6-75 ¼ to 6-80 ¼. DNS wheat with 14 % protein, prices for March were Dn 9 ½, ranging from 7-82 ½ to 7-92 ½.

Live Cattle for Feb. were Dn $.62 ½, closing at 169.95. March Feeder Cattle were Up $.92 ½, to finish the day at 225.07 ½. Feb. Class III milk was Up $.21, to settle at 15.74.

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