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KayDee Gilkey Friday’s Markets Relatively Quiet
by KayDee Gilkey, click here for bio

Program: Market Line
Date: June 19, 2017

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I’m KayDee Gilkey with the Market Line Report for Monday, June 19th. With an update on Friday’s market here is Avondale Brokers’ Bob Dalton

Dalton: “Markets are relatively quiet. Corn had about a 4 to 4 and 1/2 cent range new crop. Soybeans also not a very large range. Wheat, however, is continuing to push higher and is testing some significant resistance points. Over in the livestock cattle market it is pretty quiet after a very somber trade week in both the fats and feeders as we’ve seen a cash drop in the futures prices have followed suit.”

Chicago July Wheat prices closed Friday up 11 and 1/2 cents at 4-65 and 1/4. July corn ended the day up 4 and 1/2 cents at 3-84.

Portland prices for June soft white wheat of ordinary protein ended the day up 6 and 1/4 to 11 and 1/2 cents ranging from 4-85 to 5-10 and 1/4. Hard Red Winter wheat with 11.5% protein prices for June were up 8 and 1/4 cents ranging from 5-48 and 1/2 to 5-68 and 1/2. June DNS wheat with 14 % protein prices were up 10 and 1/4 cents ranging from 7-42 and 3/4 to 7-57 and 3/4.

August live cattle were up 67 and half cents on Friday at 118-17 and half. August feeder cattle were up 80 cents at 147-87 and half. July class III milk was down 8 cents at 16-41.

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