Marketline Report for Thursday, February 1
This is Bob Larson with the Market Line Report for Thursday, February 1st. Not much to write home about in Wednesday’s trading in the cattle market. From the floor of the CME in Chicago, here’s Virginia McGathey.
McGATHEY … “.”
Chicago March Wheat prices closed dn 10 ¼ at 5-95 ¼ … Corn was up 4 at 4-48 ¼ … Kansas Wheat was dn 8 ¾ at 6-62
Portland prices for Club Wheat ended the day unch ranging from 6-60 to 7-30 … Soft white wheat of ordinary protein was unch ranging from 6-40 to 6-80 … Hard Red Winter Wheat with 11 ½ percent Protein was dn 8 ¾ ranging from 6-52 to 6-57 … DNS wheat with 14% protein was dn 7 ½ ranging from 7-49 ¼ to 7-66 ¼
Live Cattle for Feb was dn $.67 ½ at $177.35 … Feeder Cattle was dn $1.17 ½ at $240.15 … Class III milk was dn 3 at $15.17.
