Feeder and Live Cattle Prices Up

I'm Kylie Gray with the Market Line Report for Jan 11th. Feeder and live cattle prices up from the previous weeks cattle summary, but lower prices on the daily market. Here's Greg Sanders as he goes over the northwest feeder cattle summary from the USDA.

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Chicago March Wheat ended last week up 10, at 477 3/4. March corn ended last week up 4, at 357. Portland prices for soft white wheat of ordinary protein for Jan, were up 10, ranging from 5-20 to 5-38 1/2. Hard Red Winter wheat with 11 ½ % protein, prices for Jan. were up 10, ranging from 5-57 3/4 to 5-67 3/4. DNS wheat with 14 % protein, prices for Jan. were dn 8 3/4, ranging from 6-06 to 6-26. Feb. live cattle closed last week dn 65 cents, at 132.82 1/2. Jan. Feeder cattle took another hit last week, prices dn $4.40, at 159.22 1/2. Jan. class III milk was up 11 cents, at 13-68.