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Bob Larson Marketline Report for Monday, December 18th
by Bob Larson, click here for bio

Program: Market Line
Date: December 18, 2017

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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

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