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Bob Larson Marketline Report for Wednesday, September 20th
by Bob Larson, click here for bio

Program: Market Line
Date: September 20, 2017

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This is Bob Larson with the Market Line Report for Tuesday, September 19th Ag markets holding steady in spite of early yield report. From the Allendale Trading desk, here’s Steve Georgy ...

Georgy ... “Harvest progress out yesterday afternoon. Corn coming in at 7 percent, expectation was 10 percent. Beans at 4 percent harvested. The expectation there was 5 so a little bit behind, but nothing that we can’t catch up on here if we get some decent weather. Now, we had some rains come through the Midwest, but overall the crop right now is still a little bit late. A lot of chatter out there on what kind of yields are being found. So, some of this early harvest we’ve seen some better yields than expected, but it will be this later, the replant and the later planted stuff, where will that come in at.”

Chicago Dec Wheat prices closed yesterday dn ½ at 443 ¾

December corn was dn 3 ¼ at 348 ¼

Portland prices for soft white wheat of Ordinary Protein for October ended the day dn ½ ranging from 5-18 to 5-37 Hard Red Winter wheat with 11 ½ % protein, prices for September were dn ¼ ranging from 5-42 to 5-72 DNS wheat with 14 % protein, prices for September were dn 5 ranging from 7-07 ¼ to 7-27 ¼

Live Cattle for Oct were up $.40 at 108.00 Sept Feeder cattle are up $.77 ½ to 151.62 ½ Sept Class III milk was up .02 cents at 16.27

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