Marketline Report for Monday, February 5th

Marketline Report for Monday, February 5th

Bob Larson
Bob Larson
This is Bob Larson with the Market Line Report for Monday, February 5th. Cattle continue their long winning streak in Friday trading. From the floor of the CME in Chicago, here’s Oliver Sloup.

SLOUP … “.”

Chicago March Wheat prices closed DN 1 ¾ at 6-01 ¼ … Corn was DN 4 ½ at 4-42 ½ … Kansas Wheat was UP 4 ½ at 6-27

Portland prices for Club Wheat ended the day UNCH ranging from 6-60 to 7-00 … Soft white wheat of ordinary protein was UNCH ranging from 6-40 to 6-65 … Hard Red Winter Wheat with 11 ½ percent Protein was UP 4 ¼ ranging from 6-55 to 6-62 … DNS wheat with 14% protein was UP 8 ¾ ranging from 7-61 ¾ to 7-73 ¾

Live Cattle for April was UP $.80 at $180.97 ½ … Feeder Cattle was DN $.07 ½ at $245.15 … Class III milk was DN .05 at $16.23.

Previous ReportMarketline Report for Friday, February 2nd
Next ReportBeef Markets Pause, Following Recent Highs