Marketline Report for Monday, December 18th
This is Bob Larson with the Market Line Report for Monday, December 18th. The grain market shows a little stability on Friday. From the floor of the CME in Chicago, here's Virginia McGathey ...
Virginia McGathey ... "Wheat also was easier. It's still showing some small gains possibly reversing the short-term trend because it's absolutely off the bottom from three days ago. But, we're really hoping that we're going to get a little bit of boost today. Even though the markets down in wheat two cents, Kansas City is also down a couple of cents as well, but it does not look as though it's going to retest the lows, maybe just a little bit of a sagging market here at the end of the week. That's all from the floor of the CME group, I'm Virginia McGathey."
Chicago March Wheat prices closed yesterday unch at 418 ½
December corn was dn 1 at 347 ¼
Portland prices for soft white wheat of Ordinary Protein for December ended the day unch ranging from 5-11 to 5-30 Hard Red Winter wheat with 11 ½ % protein, prices for December were dn ¾ ranging from 5-62 ½ to 5-77 ½ DNS wheat with 14 % protein, prices for December were up 3 ranging from 7-40 to 7-45
Live Cattle for December were up $2.62 ½ at 119.00 January Feeder cattle are up $1.50 to 147.95 December Class III milk was dn .01 cents at 15.50
