Daily News Reports »

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

Program: Market Line
Date: September 18, 2017

Click on the play button to listen to report.

Download Report: Marketline_Report_for_Monday,_September_18th.mp3

This is Bob Larson with the Market Line Report for Monday, September 18th Wheat traders keeping a close eye on the world market. From the Floor of the CME in Chicago, here’s Virginia McGathey ...

McGathey ... “Wheat was also higher. Short covering coming in really boosted prices on concerns that the crop risk below the equator in South America definitely could have some effect on our market and give us a little bit of a support for our market because the world wheat supplies are still pretty plentiful although the last couple of days we’ve heard that we’ve been able to eat through some of those supplies. So, that helps the market and it certainly stabilizes the prices across the board. That definitely tells us there’s still going to be a lot more volatility to come.”

Chicago Dec Wheat prices closed yesterday up 6 at 448 ¼

Sept corn was up ½ at 444 ¾

Portland prices for soft white wheat of Ordinary Protein for September ended the day unch ranging from 5-10 to 5-35 Hard Red Winter wheat with 11 ½ % protein, prices for September were up 4 ranging from 5-36 to 5-76 DNS wheat with 14 % protein, prices for September were dn 11 ranging from 7-11 ½ to 7-31 ½

Live Cattle for Oct were up $.82 ½ at 107.92 ½ Sept Feeder cattle are up $1.42 ½ to 150.50 Sept Class III milk was dn .03 cents at 16.22

Recent Reports from Market Line

Click here to see Archived Reports