Wheat Markets End Week on High Note

Wheat Markets End Week on High Note

I’m KayDee Gilkey with the Market Line Report for August 25, 2014.
Grains were higher across the board Friday.Wheat had a bounce in prices due in part to on-going Ukraine tensions. USDA Grain and Livestock Reporter Greg Sanders gives an update of last week’s cattle markets in the region.
Sanders: “Northwest direct cattle we had 2650 head traded this week. Feeder cattle were stayed to $20 higher with the most advances on the Holstein steers. 800 to 850 pound steers for current delivery $205 to $212.50. Calves 650 to 700 pounds $224 to $226 for October to November delivery. Holstein steers 350 at $250 at current FOB. Feeder heifers at 800 to 850 pounds $206 to $206.50.”
Chicago September Wheat ended Friday up 5 and 3/4 cents at 5-52. September corn ended the day up 3 and 1/4 cents at 3-65 and 1/4.
Portland prices for soft white wheat were up 2 to 5 and 3/4 cents at mostly 6-96 and 1/2. White club wheat prices were steady to a half of a cent at mostly 8-52 and 3/4. Hard Red Winter wheat with 11.5 percent protein prices were up 11 and 1/2 cents at mostly 7-31 and 1/2. DNS wheat with 14 percent protein prices were up 21 to 31 cents at mostly 8-02 and 3/4.
October live cattle were up $1.45 on Friday at 147-even. September Feeder cattle were up $1.47 and half at 210-90. September class III milk was down a dime at 23-53.

 

 

 

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