Wheat Markets End Lower on Friday

Wheat Markets End Lower on Friday

I’m KayDee Gilkey with the Market Line Report for September 1, 2014.
Ukraine tensions were lower and wheat markets end Friday lower. USDA Grain and Livestock Reporter Greg Sanders shares last week’s cattle market update for the region.
Sanders: “We had 3750 head trade compared to last week, feeder steers were steady to $3 higher, heifers were steady to $2 lower. 800 to 850 pound steers for current delivery sold for $212 to $214. 600 to 650 pound calves for October/November delivery sold at $233. And 550 to 600 pound calves for October delivery sold at $226.”
Chicago December Wheat ended Friday down 8 and 1/4 cents at 5-63 and 1/2. December corn ended the day down 4 and 1/2 cents at 3-64 and 3/4.
Portland prices for soft white wheat were down 1 and 1/2 to 1 and 3/4 cents at mostly 7-03 and 3/4. White club wheat prices were down 8 and 1/4 cents at mostly 9-03 and 3/4. Hard Red Winter wheat with 11.5 percent protein prices were mixed down 12 to up 3 cents at mostly 7-42 and 3/4. DNS wheat with 14 percent protein prices were mixed down 2 and 1/4 to up 7 and 3/4 cents at mostly 8-15 and 3/4.
October live cattle were up $1.32 and half on Friday at 151-42 and half. October Feeder cattle were up $1.95 at 216-72 and half. October class III milk was up 9 cents at 22-87.

 

 

 

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