cattle & crops - vdacs

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Jul 9, 2018 - Milo .07 higher, new crop .01 to .10 lower. IN THE NATION, feeder cattle trend not established due to ligh
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SEP 4, 2018

www.vdacs.virginia.gov/markets-and-finance-market-news.shtml

V I R G I N I A

C RO P S

&

VO L . 3 8

NO. 34

M A R K E T

ISSN 1064 -4067

N E W S

S E R V I C E

IN VIRGINIA, feeder cattle mostly steady to 5.00 lower. Slaughter cows steady to 7.00 higher. Slaughter bulls unevenly steady. Wheat mostly .14 lower, new crop mostly .09 lower. Corn mostly .04 to .24 lower, new crop mostly .04 lower. Soybeans mostly .22 lower, new crop mostly .22 lower. Milo .03 to .04 lower, new crop mostly .03 to .04 lower. IN THE NATION, feeder cattle 1.00 to 5.00 lower. Slaughter cattle live basis mostly 2.00 lower at 105.00 to 107.50; dressed basis in Nebraska mostly 3.00 to 4.00 lower in a light test at 169.00 to 170.00. Slaughter cows and bulls steady to 3.00 lower except the southeast steady to 1.00 higher. Slaughter lambs firm to 20.00 higher. Feeder lambs mostly steady to 10.00 higher in a light test. Hogs carcass basis .67 lower. Wheat .03 to .25 lower. Corn .03 to .21 lower. Soybeans mostly .16 to .38 lower. Cotton .005 higher per pound in the Southeast. Northern Virginia Livestock Summary including Staunton and Winchester for August 27-31 Feeder Cattle 660 head (Steers 216; Heifers 230; Bulls 214) Feeder Steers Medium and Large 1 300- 400 141.00-174.00 400- 500 135.00-172.00 500- 600 135.00-162.00 600- 700 135.00-158.00 700- 800 104.00-146.00 Feeder Steers Medium and Large 2 300- 400 135.00-145.00 400- 500 132.00-144.50 500- 600 120.00-140.00 600- 700 125.00-132.50 Feeder Steers Medium and Large 3 600- 700 110.00 Feeder Heifers Medium and Large 1 300- 400 134.00-154.00 400- 500 132.00-146.00 500- 600 123.00-138.00 600- 700 110.00-129.00 700- 800 112.00-114.00 Feeder Heifers Medium and Large 2 300- 400 105.00-120.00 400- 500 105.00-123.00 500- 600 102.00-125.00 600- 700 91.00-120.00 700- 800 90.00-117.00 Feeder Heifers Medium and Large 3 600- 700 100.00-108.00 700- 800 108.00 Feeder Bulls Medium and Large 1 300- 400 164.00-178.00 400- 500 133.00-175.00 500- 600 126.00-139.00 600- 700 115.00-136.00 700- 800 107.00-110.50 Feeder Bulls Medium and Large 2 300- 400 112.50-145.00 400- 500 114.00-142.50 500- 600 104.00-127.00 600- 700 94.00-114.00 700- 800 90.00-105.00 800- 900 98.00

Livestock prices per hundredweight unless otherwise stated

Slaughter Cattle 110 head (Cows 92; Bulls 18) Slaughter Cows Breaker 75-80% Lean 850-1200 52.50-62.00 1200-1600 51.00-67.50 Slaughter Cows Boner 80-85% Lean 800-1200 42.00-55.00 1200-2000 45.00-59.00 Slaughter Cows Lean 85-90% Lean 750- 850 37.00 850-1200 32.00-43.00 Slaughter Bulls YG 1-2 1000-1500 65.00-78.00 1500-2500 70.00-89.50 Slaughter Bulls High Yielding 1500-2500 85.50 Cows Returned To Farm 66 head Medium and Large 1-2, 3-8 months bred, 3 years to aged 900-1350 500.00-1200.00 per head Medium and Large 1, 2-12 years old 785-1620 610.00-1200.00 per head Cows With Calves At Side 20 pair

Medium and Large 1, 2-10 years old with calves 100-575 lbs 995-1365 1100.00-1650.00 per pair Slaughter Lambs 66 head Wooled Good and few Choice 1-2 30- 60 155.00-167.50 60- 90 155.00-172.50 90- 110 145.00-162.50 Slaughter Rams and Ewes 19 head Slaughter Ewes Choice 2-4 93.00-97.50 Good 2-4 75.00-77.50 Goats 56 head Kids Selection No 1-2 20- 40 200.00 40- 60 200.00-237.50 60- 80 207.50-230.00 Slaughter Bucks Selection No 1-2 70- 110 197.50-216.00 Slaughter Does Selection No 1-2 50- 70 200.00 70- 100 140.00 100- 150 125.00-142.50

United States and Canadian Hog Inventory Up 3 Percent United States and Canadian inventory of all hogs and pigs for June 2018 was 87.6 million head. This was up 3 percent from June 2017, and up 5 percent from June 2016. The breeding inventory, at 7.58 million head, was up 3 percent from a year ago and up 5 percent from 2016. Market hog inventory, at 80.1 million head, was up 3 percent from last year and up 5 percent from 2016. The semi-annual pig crop, at 79.6 million head, was up 2 percent from 2017 and up 5 percent from 2016. Sows farrowing during this period totaled 7.42 million head, up 2 percent from last year and up 3 percent from 2016.

United States inventory of all hogs and pigs on June 1, 2018 was 73.5 million head. This was up 3 percent form June 1, 2017 and up 1 percent from March 1, 2018. The breeding inventory, at 6.32 million head, was up 3 percent from last year, and up 2 percent from the previous quarter. Market hog inventory, at 67.1 million head, was up 3 percent from last year, and up 1 percent from last quarter. The pig crop, at 33.2 million head, was up 4 percent from 2017 and up 7 percent from 2016. Sows farrowing during this period totaled 3.12 million head, up 4 percent from 2017 and up 5 percent from 2016.

Canadian inventory of all hogs and pies on July 1, 2018 was 14.2 million head. This was down slightly from June 1, 2017 but up 1 percent from June 1, 2016. The breeding inventory, at 1.26 million head, was up slightly from last year and up 2 percent from 2016. Market hog inventory, at 12.9 million head, was down slightly from last year but up slightly from 2016. The semi-annual pig crop, at 14.1 million head, was down 4 percent from 2017 and down 4 percent from 2016. Sows farrowing during this period totaled 1.24 million head, down slightly from last year and down 3 percent from 2016.

Southwest Virginia Livestock Summary including Tri-State and Wythe County for August 27-31 Feeder Cattle 738 head (Steers 334; Holstein Steers 40; Heifers 249; Bulls 115) Feeder Steers Medium and Large 1 200- 300 145.00-162.00 300- 400 149.00-169.00 400- 500 128.00-155.00 500- 600 134.00-158.50 600- 700 131.00-147.00 700- 800 127.00-143.00 800- 900 129.00-136.00 900-1000 110.00-131.00 Feeder Steers Medium and Large 2 200- 300 130.00-165.00 300- 400 150.00-153.00 400- 500 133.00-150.00 500- 600 129.00-154.00 600- 700 127.00-146.00 700- 800 124.00-143.00 800- 900 120.00-127.00 Feeder Holstein Steers Large 2-3 200- 300 80.00-101.00 300- 400 79.00-91.00 400- 500 62.00 600- 700 62.00-76.00 700- 800 60.00 800- 900 50.00-61.00 1000-1100 70.00-79.00 1100+ 80.00 Feeder Heifers Medium and Large 1 200- 300 128.00-150.00 300- 400 117.00-141.00 400- 500 128.00-137.00 500- 600 120.00-136.00 600- 700 119.00-137.00 700- 800 116.50-127.50 800- 900 102.00 Feeder Heifers Medium and Large 2 200- 300 135.00-145.00 300- 400 125.00-143.00 400- 500 124.00-134.00 500- 600 116.00-135.00 600- 700 90.00-133.50 700- 800 106.00-118.00 Feeder Bulls Medium and Large 1 200- 300 130.00-165.00 300- 400 132.50-165.00 400- 500 130.00-150.00 500- 600 124.00-137.00 600- 700 103.00-137.00 700- 800 121.00 800- 900 89.00-100.00 900-1000 72.00-91.00 Feeder Bulls Medium and Large 2 200- 300 120.00-140.00 300- 400 140.00-166.00 400- 500 140.00-158.00 500- 600 129.00-130.00 600- 700 119.00-137.00 700- 800 111.00-133.00 800- 900 116.00 Slaughter Cattle 338 head (Cow s 278; Bulls 60) Slaughter Cows Breaker 75-80% Lean 850-1200 52.00-58.00 1200-1600 51.00-60.00 Slaughter Cows Breaker High Yielding 1200-1600 61.00-70.00 Slaughter Cows Boner 80-85% Lean 800-1200 50.00-58.00 1200-2000 52.00-58.50 Slaughter Cows Boner High Yielding 1200-2000 59.00-59.50

Slaughter Cows Lean 85-90% Lean 43.00-56.00 45.00-63.00 Slaughter Bulls YG 1-2 1000-1500 70.00-85.00 1500-2500 80.00-90.00 Slaughter Bulls High Yielding 1000-1500 87.00-99.00 1500-2500 87.00-105.00 Cows Returned To Farm 17 head Medium and Large 1, 2-9 years old 825-1200 400.00-1070.00 per head Cows With Calves At Side 4 pair Small 1, 8 years old with calf 400 lbs 650 550.00 per pair Medium and Large 1, 3-15 years old with calves 125-250 lbs 750-1000 500.00-875.00 per pair Calves Returned To Farm 6 head Holstein Bulls 100- 130 70.00 750- 850 850-1200

Central Virginia Livestock Summary including Blackstone and Lynchburg for August 27-31 Slaughter Cattle 195 head (Cow s 183; Bulls 12) Slaughter Cows Breaker 75-80% Lean 850-1200 52.00-55.00 1200-1600 46.00-56.50 Slaughter Cows Breaker High Yielding 1200-1600 60.00-61.00 Slaughter Cows Boner 80-85% Lean 800-1200 44.00-59.00 1200-2000 51.00-58.00 Slaughter Cows Boner High Yielding 1200-2000 54.00-65.50 Slaughter Cows Lean 85-90% Lean 750- 850 42.00-50.00 850-1200 45.00-59.00 Slaughter Bulls YG 1-2 1000-1500 75.00-91.00 1500-2500 81.00-89.50 Slaughter Lambs 20 head Spring, Wooled Choice and Prime 110- 125 160.00-165.00 Spring, Wooled Good and Choice 1-3 30- 60 150.00 60- 90 160.00-162.50 Slaughter Rams and Ewes 5 head Slaughter Ewes Choice 2-4 62.50-77.50 Goats 62 head Kids Selection No 1-2 60- 80 140.00-155.00 per head Kids Selection No 3 20- 40 40.00-55.00 per head 40- 60 100.00-105.00 per head Slaughter Does Selection No 1-2 100- 150 72.50-140.00 Slaughter Hogs 8 head Barrows and Gilts US 1-3 300- 350 30.00-35.00

VIRGINIA MARKET NEWS SERVICE Virginia Market News Service is a division of the Virginia Department of Agriculture and Consumer Services. Market News collects and disseminates daily agriculture market prices and analyses for Virginia buyers, sellers, and the media.

Virginia State Graded Feeder Cattle Summary including Blackstone, Hollins, Lynchburg, Narrows, Radiant and Springlake For August 23-29 Feeder Cattle 2701 (Steers 968; Heifers 1127; Bulls 606) Last Week 5081 Last Year 2653 Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 11 300-400 369 147.00-174.00 165.11 mostly 159.50-174.00 74 400-500 455 100.00-164.00 159.92 mostly 154.00-164.00 137 500-600 551 121.00-156.00 145.79 mostly 135.00-156.00 140 600-700 643 43.00-155.00 146.79 mostly 132.50-155.00 61 700-800 746 115.00-150.00 139.60 mostly 120.00-150.00 17 800-900 851 110.00-147.50 135.46 mostly 138.00-147.50 3 900-1000 907 131.00 131.00 2 1000-1100 1008 106.00 106.00 Feeder Steers Small 1 2 300-400 358 140.00-142.50 141.28 12 400-500 453 66.00-136.00 124.67 mostly 115.00-136.00 8 500-600 560 127.50-132.00 128.43 3 600-700 642 105.00-123.00 114.54 1 700-800 720 114.50 114.50 Feeder Steers Medium and Large 1-2 12 600-700 650 154.00 154.00 119 700-800 772 147.75-148.00 147.86 Feeder Steers Large 1-2 1 400-500 485 107.00 107.00 Feeder Steers Medium and Large 2 1 200-300 255 134.00 134.00 21 300-400 366 100.00-177.50 159.41 mostly 150.00-177.50 64 400-500 451 87.50-162.75 156.70 mostly 150.00-162.75 79 500-600 549 125.00-149.00 144.94 mostly 130.00-149.00 74 600-700 653 111.00-149.00 137.05 mostly 119.00-139.00 47 700-800 727 113.00-139.50 127.73 mostly 118.50-139.50 1 800-900 815 114.00 114.00 Feeder Steers Small 2 1 200-300 280 88.00 88.00 1 300-400 385 124.00 124.00 Feeder Steers Medium and Large 2-3 11 600-700 678 156.00 156.00 Feeder Steers Medium and Large 3 3 200-300 218 89.00 89.00 4 300-400 366 84.00-143.50 128.26 mostly 143.50 13 400-500 448 131.00-146.00 142.34 mostly 140.50-146.00 20 500-600 530 84.00-139.25 133.58 mostly 128.00-139.25 11 600-700 633 108.00-125.75 120.63 mostly 115.00-125.76 2 700-800 742 118.50 118.50 Feeder Bulls Medium and Large 1 2 200-300 293 172.50-173.00 172.75 20 300-400 358 125.00-179.00 162.88 mostly 153.00-179.00 148 400-500 467 122.50-164.50 148.29 mostly 135.00-164.50 83 500-600 561 65.00-138.00 128.91 mostly 115.00-138.00 42 600-700 645 91.00-129.00 122.52 mostly 114.00-129.00 4 700-800 764 105.00-110.00 107.45 1 800-900 880 89.00 89.00 1 900-1000 960 90.00 90.00

Head 3 23 13 4

2 34 133 49 18 1 4 13 6 2 2 29 127 200 146 22 1 7 27 22 3 3 8 3 51 149 128 63 16 1 2 33 53 11 15 1

Feeder Bulls Small 1 Wt Range Avg Wt Price Range Avg Price 300-400 353 130.00 130.00 400-500 477 90.00-133.00 123.82 mostly 120.00-133.00 500-600 560 115.00-129.00 116.50 mostly 115.00 600-700 658 60.00-110.00 76.88 mostly 60.00-80.00 Feeder Bulls Medium and Large 2 200-300 273 165.00-175.00 169.77 300-400 349 112.50-179.00 164.39 mostly 149.00-179.00 400-500 451 122.50-164.50 151.29 mostly 143.50-164.50 500-600 550 110.00-139.25 133.98 mostly 120.00-139.25 600-700 636 100.00-133.00 123.01 mostly 115.00-133.00 700-800 730 85.00 85.00 Feeder Bulls Medium and Large 3 300-400 365 119.00-140.00 129.79 400-500 451 134.00-137.00 136.31 500-600 554 100.00-128.00 123.28 mostly 128.00 600-700 628 100.00-110.00 104.90 Feeder Heifers Medium and Large 1 200-300 283 149.00-155.00 152.13 300-400 364 125.00-148.00 143.32 mostly 137.00-148.00 400-500 459 119.00-145.75 139.03 mostly 126.00-145.75 500-600 547 110.00-139.00 134.52 mostly 125.00-139.00 600-700 637 100.00-148.00 133.77 mostly 121.00-148.00 700-800 741 101.00-128.00 117.19 mostly 110.00-128.00 1000-1100 1015 101.00 101.00 Feeder Heifers Small 1 300-400 366 110.00-126.50 120.13 400-500 441 100.00-128.00 123.18 mostly 114.00-128.00 500-600 548 70.00-120.00 115.90 mostly 111.00-120.00 600-700 640 92.50-102.50 98.37 Feeder Heifers Medium and Large 1-2 300-400 382 131.00 131.00 500-600 514 128.00-134.00 131.66 Feeder Heifers Medium and Large 2 200-300 293 131.00-145.00 138.71 300-400 353 126.00-151.00 146.85 mostly 144.00-151.00 400-500 452 80.00-148.75 140.38 mostly 125.00-148.75 500-600 546 110.00-137.75 133.96 mostly 121.00-137.75 600-700 639 51.00-131.00 122.55 mostly 110.00-131.00 700-800 738 86.00-117.00 109.49 mostly 108.00-117.00 900-1000 900 89.00 89.00 Feeder Heifers Medium and Large 3 200-300 235 92.00 92.00 300-400 363 83.00-144.00 133.56 mostly 123.00-144.00 400-500 448 110.00-141.00 133.07 mostly 120.00-141.00 500-600 544 51.00-137.50 127.40 mostly 125.00-137.50 600-700 626 113.50-125.50 115.14 mostly 113.50-115.00 700-800 720 105.00 105.00

F oll o w @ Va Ag ri cu l t u re on Tw i tt e r

VIRGINIA MARKET NEWS SERVICE

102 Governor Street, Suite 350 Richmond, VA 23219-3676

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GRAIN August 30 compared to August 23 No. 2 Red Winter Wheat Eastern Shore 4.68-4.80 .14-.37 lower new crop 5.12-5.17 .09 lower Middle Peninsula 4.73 .14 lower new crop 5.42 .09 lower Norfolk 4.63 .14 lower new crop 5.47 .09 lower Petersburg ----new crop ----Roanoke 5.08 .14 lower new crop ----Wakefield ----new crop 5.22-5.42 .09-.11 lower No. 2 Yellow Corn Eastern Shore 3.91-3.92 .04-.05 lower new crop 3.67 .04-.14 lower Harrisonburg 3.75-4.00 .10 lower new crop 4.27-4.32 .04 lower Hopewell 3.82 .15 lower new crop 3.87 .14 lower Middle Peninsula ----new crop 3.47 .04 lower Norfolk 3.82 .04 lower new crop 3.52-3.72 .04 lower Petersburg 3.72 .24 lower new crop 3.77 .04 lower Wakefield 3.66-3.82 No trend new crop 3.50-3.97 .01-.04 lower No. 1 Soybeans Eastern Shore 7.72-7.87 .22 lower new crop 7.76-7.92 .22-.23 lower Harrisonburg 7.20-7.90 .15-.20 lower Middle Peninsula 7.82 .22 lower new crop 7.82 .22 lower Norfolk 8.17 .22 lower new crop 8.02-8.23 .22 lower Petersburg 8.05 .22 lower new crop 7.97 .22 lower Wakefield 8.02-8.09 No trend new crop 7.80-8.09 .15-.31 lower No. 2 Barley Eastern Shore ----Harrisonburg 3.30 No trend No. 2 Milo Eastern Shore ----new crop 3.06-3.07 No trend Petersburg 3.72 .04 lower new crop 3.57 .04 lower Wakefield 3.72 .03 lower new crop 3.77 .03 lower

Cotton Aug 31 41/34 31/35 Settlement Price Southeast 81.81 84.06 Oct 18 82.31 North/South Delta 80.81 82.56 Dec 18 82.22 National Direct Hogs Aug 31 Barrows and Gilts (Carcass Basis) 34.00-38.00, weighted average 36.57. (Live Basis) 21.00-30.50, weighted average 28.92. Virginia State Graded Tel-O-Auction for August 27 Feeder Cattle 229 (Steers 107; Heifers 122) Heifers Guaranteed Open Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 52 900-1000 950 134.75 134.75 Feeder Steers Medium and Large 1-2 55 900-1000 900 136.75 136.75 Feeder Heifers Medium and Large 1 122 800-900 837 130.00 130.00 Wythe County Livestock Video Sale August 30 Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 75 600-700 685 155.40 155.40 Feeder Steers Medium and Large 1-2 53 800-900 800 149.50 149.50 Feeder Heifers Medium and Large 1 50 600-700 650 141.60 141.60 114 800-900 825 128.00 128.00 Feeder Heifers Medium and Large 1-2 70 700-800 715 139.20 139.20 Rushville Semimonthly Hay Auction for August 29 Prices per ton FOB unless otherwise noted. Most loads delivered free within 10 miles of auction site. Delivery beyond 10 miles mostly 2.50 per mile. 5 tons

Alfalfa Large round Good Mixed grass Small square Fair Timothy Small square Fair

32.00 per bale

2.75 per bale

3.00 per bale

Price and grade information is reported by VDACS Livestock Marketing and disseminated by Virginia Market News Service. While market reports reflect the majority of cattle at each sale, there are instances where animals do not fit reporting categories and are not included.