Lower Numbers Across the Board

I'm Tom Allen with the Market Line Report for November 10th. We are seeing some lower numbers across the board with grain as we prepare to analyze the USDA report that comes out later today. Jack Scoville goes over the grain market as we check in with him from the floor of the CME. Scoville- "Not much else going on to terrible positive as we get into the USDA report that will we out 11:00 Chicago time tomorrow. Trade expecting a slight uptick in production in both corn and soy beans. Wheat estimates remain unchanged. We're looking for supply and demand to be set for corn and wheat. Soybean demand should hold stable as China has been a huge buyer lately." Chicago December Wheat ended last week down 21 1/2, at 501 1/2. December corn ended the day down 6 1/4, at 376 3/4. Portland prices for soft white wheat of ordinary protein for Nov, were dn 21 1/2, ranging from 5-01 3/4 to 5-62 even. Hard Red Winter wheat with 11 ½ % protein, prices for Nov. were down 26 1/4, ranging from 5-74 to 5-89. DNS wheat with 14 % protein, prices for Nov. were down 14 1/2, ranging from 6-09 1/4 to 6-54 1/4. Dec. live cattle closed last week down $3.00, at 131.92 1/2. Nov. Feeder cattle were down $4.50, at 177.12 1/2. Nov. class III milk was down 13 cents, at 15-50.