The livestock market seems to be shadowing the stock market
I'm Tommy Allen with the Market Line Report for August 28th. The livestock market seems to be shadowing the stock market as, numbers slowly bounce back up from earlier this week. Chris Robinson shares his thoughts from the floor of the CME.Oliver Sloup: https://www.youtube.com/watch?v=MqqmebTudwQ
Chicago September Wheat ended Thursday down 5 1/2 at 484 3/4. September corn ended the day up 2 even at 363 3/4. Portland prices for soft white wheat of ordinary protein for September, ended the day down unchanged to down 4, ranging from 5-44 ¾ to 5-68 even.
Hard Red Winter wheat with 11 ½ % protein, prices for September were down 2 even, ranging from 5-44 ½ to 5-74 1/2. DNS wheat with 14 % protein, prices for September were 5.9450-6.1850 dn 6.75-up 2.25.
October live cattle closed yesterday up $2.10, at 142.47 1/2. October Feeder cattle were up $2.52 1/2 cents, at 196.87 1/2. October class III milk was down 15 cents, at 16-32.