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Bob Larson Marketline Report for Wednesday, June 13th
by Bob Larson, click here for bio

Program: Market Line
Date: June 13, 2018

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This is Bob Larson with the Market Line Report for Wednesday, June 13th. The cattle market is a little negative on Tuesday. From the floor of the CME in Chicago, here's Larry Shover.

Shover ... "Not much to set a tone for the market, but come out to show list numbers were 29,100 head higher. This wasn’t good for the market, it really set a pretty negative tone. However, August cattle is up .50 cents on the day at $104 1/2, currently flat on a five-day basis, currently flat on a one-month basis, but down 5 ½ percent year-to-date. This morning’s wholesale prices were a smidgen higher. Choice boxes were up .08 cents at $225.21. Select boxes were up .90 cents to $203.70.”

Chicago July Wheat prices closed yesterday up 20 at 535

July Corn was up 10 ¼ at 377

Portland prices for soft white wheat of Ordinary Protein for June ended the day unch ranging from 5-90 to 6-18 Hard Red Winter wheat with 11 ½ % protein, prices for June were up 18 ¾ ranging from 6-78 ½ to 7-03 ½ DNS wheat with 14 % protein, prices for June were up 2 ¾ ranging from 7-27 ½ to 7-42 ½

Live Cattle for June were dn $.12 ½ at 108.70 Aug Feeder cattle are dn $.15 to 146.17 ½ June Class III milk was dn $.03 cents at 15.40

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