Market Line

Market Line

Tommy Allen
Tommy Allen
This is Tom Allen with the Market Line Report for Tuesday Oct 18th. Cattle prices in the green with a big rally today. Let's go to Virginia McGathey, from the floor of the CME to hear more on the livestock market.

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Chicago May Wheat prices closed yesterday up 3 1/4, at 454 ¾. May corn ended the day up ¼, at 371 ¼.

Portland prices for soft white wheat of Ordinary Protein for Feb. ended the day dn 7 – to up 2 ¾, ranging from 4.9200-5.1200 . Hard Red Winter wheat with 11 ½ % protein, prices for Feb. were up 4 1/4, ranging from 5.1400-5.2900 . DNS wheat with 14 % protein, prices for Feb. were up 1 ¼, ranging from 6.3350-6.5150 . Feb. Live Cattle were up $1.32 ½, at 100.80. Jan. Feeder cattle were up $1.52 ½, at 113. 72 ½. Dec. class III milk was up 15 cents at 15-28.

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