Markets Holding Steady Over The Holidays

I'm Matt Rice with the Market Line Report for November 27th. Both livestock and grain markets are holding steady as we make our way through the week over the holidays. Here's a recap from Jack Scoville as he shares his thoughts from the floor of the CME.

Scoville- "Grain markets trading generally a bit higher here today as we go into the holiday period, overall the market is trading a full session here today. Overall the market is trading a little bit higher, the fundamentals haven't changed that much a very tight market, here domestically. Very little offer here for corn or for soy beans, producers hunkering down really not liking the prices very much and what had to be sold at harvest has already been sold."

Chicago December Wheat ended yesterday dn 4 1/4, at 480. December corn ended yesterday unchanged, at 364 1/2. Portland prices for soft white wheat of ordinary protein for Jan, were steady, ranging from 4-88 ¾ to 5-38. Hard Red Winter wheat with 11 ½ % protein, prices for Nov. were slightly up, ranging from 5-52 to 5-67. DNS wheat with 14 % protein, prices for Nov. were steady, ranging from 6-22 3/4 to 6-57 3/4. Dec. live cattle closed yesterday up 35 cents, at 130.60. Jan. Feeder cattle were up 67 1/2, at 165.35. Nov. class III milk was up a penny, at 15-33.