Weekly Beef Exports Up 15%

This is Matt Rice with the Ag Information Network and today’s Market Line Report for Friday. This weeks Beef Exports were 15 % higher than the previous week and 4% higher over the month. Let’s go to Oliver Sloup with the CME Group to hear more.

Chicago Soft Red Winter Wheat prices for May closed the day Up 12 ¾, to finish at 5-60 ¼. May Corn was Up 15 ¼, to finish the day at 4-42. Kansas City Hard Red Winter Wheat prices for May were Up 7, to settle at 5-85 ¼.

Portland prices for Club Wheat with 10 ½ % Protein was Unch to Up 15, ranging from 5-60 to 6-05. Soft white wheat with 10 ½ % Protein prices for May were Unch to Up 10, ranging 5-55 to 5-80. Hard Red Winter Wheat with 11 ½ percent Protein prices for June were Up 5 ¾, ranging from 6-49 ¾ to 6-59 ¾. DNS wheat with 14 % protein, prices for May were Dn 6, ranging from 7-41 to 7-46.

Live Cattle for June were Up $1.57 ½, closing at 180.25. May Feeder Cattle were Up $.42 ½, to finish the day at 248.70. April Class III milk was Dn $.08, to settle at 15.56.