Marketline Report for Wednesday, June 13th

Marketline Report for Wednesday, June 13th

Bob Larson
Bob Larson
This is Bob Larson with the Market Line Report for Wednesday, June 13th. The cattle market is a little negative on Tuesday. From the floor of the CME in Chicago, here's Larry Shover.

Shover ... "Not much to set a tone for the market, but come out to show list numbers were 29,100 head higher. This wasn't good for the market, it really set a pretty negative tone. However, August cattle is up .50 cents on the day at $104 1/2, currently flat on a five-day basis, currently flat on a one-month basis, but down 5 ½ percent year-to-date. This morning's wholesale prices were a smidgen higher. Choice boxes were up .08 cents at $225.21. Select boxes were up .90 cents to $203.70."

Chicago July Wheat prices closed yesterday up 20 at 535

July Corn was up 10 ¼ at 377

Portland prices for soft white wheat of Ordinary Protein for June ended the day unch ranging from 5-90 to 6-18 Hard Red Winter wheat with 11 ½ % protein, prices for June were up 18 ¾ ranging from 6-78 ½ to 7-03 ½ DNS wheat with 14 % protein, prices for June were up 2 ¾ ranging from 7-27 ½ to 7-42 ½

Live Cattle for June were dn $.12 ½ at 108.70 Aug Feeder cattle are dn $.15 to 146.17 ½ June Class III milk was dn $.03 cents at 15.40

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