Daily News Reports »

Bob Larson Marketline Report for Wednesday, February 14th
by Bob Larson, click here for bio

Program: Market Line
Date: February 14, 2018

Click on the play button to listen to report.

Download Report: Marketline_Report_for_Wednesday,_February_14th.mp3

This is Bob Larson with the Market Line Report for Wednesday, February 14th. Some corrections in the cattle market Tuesday. From the floor of the CME in Chicago, here’s Joe Vaclavik ...

VACLAVIK ... “The live cattle market traded both sides of unchanged here on Tuesday. We actually traded into some fresh highs early in the session, but that kind of backed off so really kind of indecisive trading here on Tuesday. The cash cattle markets been slow to develop. We saw some cash trade on light volume, I believe at $126 last week. Some people within the trade are talking higher number this week, but will have to wait and see how that pans out. The choice box market, the choice boxed beef market has really just consolidated here recently in the $200 to $210 range. We’ve been kind of toward the upper end of that recently.”

Chicago March Wheat prices closed yesterday dn 3 ¼ at 459 ¼

March corn was dn ¼ at 366 ½

Portland prices for soft white wheat of Ordinary Protein for February ended the day unch ranging from 5-30 to 5-48 ¾ Hard Red Winter wheat with 11 ½ % protein, prices for February were dn 3 ranging from 6-19 ½ to 6-39 ½ DNS wheat with 14 % protein, prices for February were dn 8 ¼ ranging from 7-16 ¾ to 7-31 ¾

Live Cattle for February were dn $.30 at 127.27 March Feeder cattle are dn $.40 to 147.62 ½ February Class III milk was unch cents at 13.47

Recent Reports from Market Line

Click here to see Archived Reports