Daily News Reports »

Bob Larson Marketline Report for Tuesday, September 25th
by Bob Larson, click here for bio

Program: Market Line
Date: September 25, 2018

Click on the play button to listen to report.

Download Report: Marketline_Report_for_Tuesday,_September_25th.mp3

This is Bob Larson with the Market Line Report for Tuesday, Sept 25th. Wheat grinds up as global issues remain a big factor in trading. From the floor of the CME in Chicago, here's Virginia McGathey.

McGATHEY … “Wheat also had a bit of a turnaround and it was rallying as well. It’s solidly off its bottom even though there’s been some world issues that have been affecting our markets and we were thinking that it might give it more of a rally. Certainly in Russia and Australia, some of those issues and every couple of days those things come into play and they kind of support any kind of rallies moving this market up. Kansas City was also higher. The market’s looking a little bit stronger today even though there hasn’t been a lot of trade. Normally, when there’s not a lot of trade from wheat, it starts to slip a little bit, but today it started to rally and so it keeps adding to this little bit of a grind higher and perhaps we get a little bit more shot in the arm that some things can get smoothed out from the White House. That would really help our markets all the way across the board.”

Chicago Dec Wheat prices closed yesterday up 5 ¼ at 526 ¼

Dec Corn was up 3 ¼ at 361

Portland prices for soft white wheat of Ordinary Protein for Sept ended the day unch ranging from 5-90 to 6-10 Hard Red Winter wheat with 11 ½ % protein, prices for Sept were up 3 ¾ ranging from 6-19 to 6-39 DNS wheat with 14 % protein, prices for Sept were up 1 ¾ ranging from 6-69 ¼ to 6-79 ¼

Live Cattle for Oct were dn .90 at 112.22 ½ Sept Feeder cattle are dn $.50 to 156.40 Sept Class III milk was dn .01 cents at 16.14

Recent Reports from Market Line

Click here to see Archived Reports