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Marketline Report for Wednesday, November 14th
by Bob Larson, click here for bio
Program: Market Line
Date: November 14, 2018



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ROGGENSACK … “Traders, in general, can continue to ride the rumors of better negotiations between China and the U.S. on the trade issues higher over the near-term, but be ready to sell the fact once we get a deal done. The first factor for the market, there are rumors of better negotiations between the U.S. and China especially as we work our way into the G-20 meeting later this month where officials, top officials are working on a potential setup for some type of trade agreement.”
Chicago Dec Wheat prices closed yesterday dn 12 at 506 ½
Dec Corn was dn 4 ¾ at 366
Portland prices for soft white wheat of Ordinary Protein for Nov ended the day unch ranging from 6-20 to 6-35 Hard Red Winter wheat with 11 ½ % protein, prices for Nov were dn 7 ranging from 6-26 ½ to 6-51 ½ DNS wheat with 14 % protein, prices for Nov were dn 4 ¼ ranging from 6-78 ¼ to 6-88 ¼
Live Cattle for Dec were up $.45 at 115.27 ½ Nov Feeder cattle are up $.60 to 149.05 Nov Class III milk was up .03 cents at 14.54
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