Daily News Reports »

Bob Larson Marketline Report for Monday, January 1st
by Bob Larson, click here for bio

Program: Market Line
Date: January 01, 2018

Click on the play button to listen to report.

Download Report: Marketline_Report_for_Monday,_January_1st.mp3

This is Bob Larson with the Market Line Report for Monday, January 1st. A mixed bag in grains on this last day of trading in 2017. From the floor of the CME in Chicago, here’s Virginia McGathey …

Virginia McGathey ... “Wheat was kind of drifting. It was a little bit higher than lower. It seemed that the frigid temperatures are really still an issue out there, but the rally is kind of sputtering and it kind of ran out of steam somewhat. One of the things to think about is that it will take a number of months to find out how much crop damage there will be in that winter wheat product so it’s a little bit difficult to tell. So, right now having a lift in the market with the world wheat supplies as big as they are really looks good for that particular commodity. That’s all from the floor of the CME Group. Happy New Year from here in Chicago. I’m Virginia McGathey.”

Chicago March Wheat prices closed yesterday dn ¾ at 427 ¼

March corn was dn 1 ¼ at 351

Portland prices for soft white wheat of Ordinary Protein for December ended the day dn ¾ ranging from 5-25 to 5-30 Hard Red Winter wheat with 11 ½ % protein, prices for December were up ½ ranging from 5-77 ¼ to 5-87 ¼ DNS wheat with 14 % protein, prices for December were dn 4 ¼ ranging from 7-34 ¾ to 7-49 ¾

Live Cattle for December were dn $1.55 at 123.00 January Feeder cattle are up $.40 to 146.35 December Class III milk was dn .02 cents at 15.40

Recent Reports from Market Line

Click here to see Archived Reports