Grains Rally, Livestock Drops

I’m Matt Rice with the Market Line Report for September 24th. We had an exciting market over the last 24 hours, grains rallied back up while livestock fell into the red once more. Todd Horwitz shares his thoughts with Bubbatrading.com, from the floor of the CME.

 

Horwitz “https://www.youtube.com/watch?v=f93e-sC59ME ”

 

Chicago December Wheat ended yesterday up 12, at 507 even. December corn ended the day down 2 3/4, at 383.

Portland prices for soft white wheat of ordinary protein for October, were down 3 ½ to 9 ½, ranging from 5-371/2 to 5-41 even. Hard Red Winter wheat with 11 ½ % protein, prices for October were up 33 3/4, at mostly 6-11 3/4. DNS wheat with 14 % protein, prices for September were up 10 1/4 at mostly 6-50 1/4. October live cattle closed yesterday down $3.00, at 133.22 1/2. October Feeder cattle were down $4.50, at 182.37 1/2. October class III milk was down 22 cents, at 15-32.