Soy Bean and Rice Leading The Pack

Soy Bean and Rice Leading The Pack

Matt Rice
Matt Rice
This is Matt Rice with the Market Line Report for May 3rd. Markets shifting up nicely after yesterday's prices testing limits, producers still looking for an edge to push in more demand. Gary Kozlowski goes over the recap with Farr Financial from the floor of the CME in Chicago.

Scoville"Hi, it's been 2 sided trade activity."

Chicago May Wheat prices were dn 1 from yesterday, at 471 ¾. May corn ended the day unch, at 390 ¾. Portland prices for soft white wheat of 10 ½ % protein for May were dn ¼ -unch, ranging from 5-52 ¾ to 5-75. Hard Red Winter wheat with 11 ½ % protein, prices for April was up 4, ranging from 5-50 ½ to 5-35 ½. DNS wheat with 14 % protein, prices for April were up 9 ¾ - 4 ¾, ranging from 6-31 to 6-42. April Live Cattle closed the week up 25 cents, at 124.00. May Feeder cattle were dn 15 cents, at 140.07 ½. April class III milk was dn a penny at, 13-62.

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