Markets Positioning for Thursday USDA Reports

I'm KayDee Gilkey with the Market Line Report for September 12, 2013. ? Not a lot of action in the market on Wednesday as all await Thursday's USDA reports. From the floor of the CME Group, Alexandra Lively shares her observations of Wednesday's markets. Lively: "Today in the grain pit the action we are seeing is just positioning before tomorrow's USDA crop report. In terms of wheat they had some spillover pressure from corn. They had some boost earlier today from some export news that Chinia and Eygpt are in the market to purchase wheat and Australia announced that they are not expecting as high of yields as they had anticipated. That gave a boost to the market however traders are saying that we are in a bear trend." Chicago December Wheat ended Wednesday up 1 and 1/2 cents at 6-48. December corn ended the day up 3 and 1/2 cents at 4-72 and 1/2.??Portland prices for soft white wheat were mixed down a dime to up 3 cents at mostly 7-32 and 3/4. White club wheat were mixed down 8 and 1/2 to up 8 cents at mostly 7-40 and 1/4. Hard Red Winter Wheat with 11.5 pct protein prices were steady to down a nickel at mostly 8-11 and 3/4. DNS wheat with 14 pct protein prices were mixed down 5 and 3/4 to up 4 and 1/4 cents at mostly 8-33. ??October live cattle were up 2 and half cents Wednesday at 125-05. October Feeder cattle were up 45 cents at 158-22 and half. October class III milk was up 17 cents at 18-23