The Livestock Market has Been Holding Strong

The Livestock Market has Been Holding Strong

Tommy Allen
Tommy Allen
I'm Susan Allen with the Market Line Report for Monday, October 26th. The livestock market has been holding strong. Greg Sanders gives you the USDA report for the Northwest.

Sanders- Thank you and good morning everyone. Here is the Northwest direct feeder cattle summary for Washington, Oregon, and Idaho. This week we had 5,600 hundred head compared to last weeks trade. Friday feeder cattle were steady to two dollars higher. Trade was good to moderates with good demand. Best demand is for value added all natural feeder cattle. Feeder steers large from 1 and 2's 650 lbs for current mob price were 1.89 to 1.91 in Washington 700 to 750 lbs 1.80 to 1.92 value added in Washington.

Chicago December Wheat ended down 1/4, at 490 1/4. December corn ended up 1 ¼ 380 even.

Portland prices for soft white wheat of ordinary protein for October, were dn 0.25-up 6.25, ranging from 5.2050-5.5900 . Hard Red Winter wheat with 11½ % protein was unchanged, ranging from 5.8550-5.9550. DNS wheat with 14 % protein, prices for October were unchanged, ranging from 6.2300-6.5800 .

October live cattle were up $.30 cents, at 140.72. October Feeder cattle were down $.67 and ½, at 194.87. October class III milk was down $.03 cents at 15-49.

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