Grains Hold Steady

Grains Hold Steady

Matt Rice
Matt Rice
I’m Matt Rice with the Market Line Report for September 30th. Grain numbers are continuing to hold steady, as we wait for more crops to come in. For the most part the grain markets look to be keeping up with their predictions, while corn shadowing in the red. Jack Scoville gives us the details from the floor of the CME.

 

Scoville- “Grain, markets just a little bit higher, wheat and soy beans leading the way, corn lagging just a little bit. All three markets performing pretty well before the import USDA Reports, the focus on the reports will be on the stocks in all positions report. We’re going to want to see just what the supplies are out in the country for corn and soy beans, also the wheat. ”

 

Chicago December Wheat ended yesterday down 1 3/4, at 503 3/4. December corn ended the day up 2 1/4, at 389 1/2. Portland prices for soft white wheat of ordinary protein for October, were down 1 ¾, ranging from 5-33 3/4 to 5-41 even. Hard Red Winter wheat with 11 ½ % protein, prices for September were down 2 3/4, at mostly 6-11 3/4. DNS wheat with 14 % protein, prices for September were down 2 1/4 at mostly 6-45 1/2. October live cattle closed yesterday down $3, at 129.17 1/2. October Feeder cattle were down $4.50, at 180.77 1/2. October class III milk was up 3 cents, at 15-41.

 

 

 

 

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