Grains End Both Day and Week Lower on Friday

I’m KayDee Gilkey with the Market Line Report for February 2, 2015.
Friday’s grain markets close brought lower prices across the board — both for the day as well as the week. USDA Grain and Livestock Reporter Greg Sanders gives an update of last week’s regional cattle report.
Sanders: “This week in the Northwest we had 3200 head of feeder cattle trade. Compared to last Friday, feeder cattle were $10 to $15 lower. Trade remains slow with light to moderate demand. The CME feeder and live cattle contracts have once again expanded the limits to $6.75 on feeders and $4.50 on live cattle. Feeder steers medium to large frames #1s and #2s current delivered price 800 to 850 pounds $196 to $209 delivered into Idaho.”
Chicago May Wheat ended Friday down 5 and 3/4 cents at 5-06 and 3/4. May corn ended the day down 1 and 1/4 cents at 3-78 and 1/2.
Portland prices for soft white wheat of ordinary protein were steady to down 6 cents ranging between 6-31and 3/4 and 6-80. White club wheat of ordinary protein had no price comparisons. Hard Red Winter wheat with 11.5 percent protein prices were down 3 and 3/4 cents at mostly 6-33 and 1/4. DNS wheat with 14 percent protein prices were down 2 and 1/2 cents at mostly 8-21 and 3/4.
April live cattle were up $1.77 and half on Friday at 152-27 and half. April Feeder cattle were up $1.20 at 205-40. April class III milk was up a nickel at 15-50.