Overview of Grain Market Quotes for September 5, 2024
Corn Prices: On the CBOT (Chicago Board of Trade), corn prices decreased slightly by 0.50 cents per bushel, closing at 390.00 cents.
Wheat Prices:
Soft Red Winter Wheat (SRW) dropped by 4.25 cents, settling at 561.00 cents per bushel.
Hard Red Winter Wheat (HRW) saw a similar decline, ending at 581.00 cents per bushel.
Hard Red Spring Wheat (HRS) decreased by 1.50 cents, closing at 599.75 cents per bushel.
Oats Prices: Contrary to the downward trend in other grains, oats prices increased by 1.75 cents per bushel, reaching 349.50 cents.
Rice Prices: Long-grain rough rice prices rose by 0.13 USD per hundredweight, concluding at 15.48 USD.
Conclusion
The grain market on September 5, 2024, showed a mixed trend with minor decreases in most grain prices, except for oats and rice which experienced increases. This suggests a varied market response influenced by differing market dynamics for each grain type.
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