Capital press. (Salem, OR) 19??-current, June 09, 2017, Page 13, Image 13

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    June 9, 2017
CapitalPress.com
Farm Market Report
13
S PONSORED BY
ROP-22-5-2/#7
Hay Market Reports
Potato Market Reports
Compiled by USDA Market News Service • St. Joseph, Mo.-Portland
Hay prices are dollars per ton or dollars per bale when sold to retail
outlets. Basis is current delivery FOB barn or stack, or delivered custom-
er as indicated. Grade guidelines used in this report have the following
relationship to Relative Feed Value (RFV), Acid Detergent Fiber (ADF),
TDN (Total Digestible Nutrients), or Crude Protein (CP) test numbers:
Grade
RFV
ADF
TDN
CP
Supreme
185+
<27
55.9+
22+
Premium
170-185
27-29
54.5-55.9
20-22
Good
150-170
29-32
52.5-54.5
18-20
Fair
130-150
32-35
50.5-52.5
16-18
Utility
<130
36+
<50.5
<16
WASHINGTON-OREGON HAY
(Columbia Basin)
(USDA Market News)
Moses Lake, Wash.
June 2
This week FOB
Last week
Last year
5350
500
9700
Compared to May 26: New crop export Alfalfa steady to $10 higher.
Trade moderate with good demand as new crop trading is gaining mo-
mentum. Exporters look for good demand for new crop Timothy but no
new sales reported yet. Retail-Feedstore steady.
Tons Price
Alfalfa Mid Square
Premium
2100 $140-168
Export
500
$170
Good
2400 $125-140
Fair
125
$105
Alfalfa Small Square
Premium
200
$190
25
$180
OREGON AREA HAY
(USDA Market News)
Portland, Ore.
June 2
This week FOB
Last week
Last year
442
427
243
Compared to May 26: Prices trended generally steady in an extreme-
ly limited test compared to week ago prices. Most producers are sold
out for the year, and are busy out in the fields preparing for new crop. All
prices are in dollars per ton and FOB unless otherwise stated.
HARNEY COUNTY
Alfalfa Large Square
Supreme
83
$170
Prem/Sup
33
$160
Lake County
Alfalfa Large Square
Supreme
168
$180-215
Fair/Good
67
$125
Small Square Organic
Fair
25
$110
Oat Large Square
Good
66
$80
CROOK, DESCHUTES, JEFFERSON, WASCO COUNTIES
No New Sales Confirmed.
EASTERN OREGON
No New Sales Confirmed.
KLAMATH BASIN
No New Sales Confirmed.
IDAHO HAY
(USDA Market News)
Moses Lake, Wash.
June 2
This week FOB
Last week
Last year
1250
3700
800
Compared to May 26: Domestic Alfalfa steady. Trade moderate with
good demand for new crop. All prices are dollars per ton and FOB the
farm or ranch unless otherwise stated.
Tons Price
Alfalfa Mid Square
Prem/Sup
1000 $145
Timothy Grass Mid Square
Fair/Good
150
$175
100
$115
CALIFORNIA HAY
(USDA Market News)
Moses Lake, Wash.
June 2
This week FOB
Last week
Last year
16,500
5490
7602
Compared to May 26: All classes traded steady with moderate de-
mand. According to the U.S. Drought Monitor, temperatures in the West
during the last 7 days have generally been 4-8 degrees above normal.
Cooler-than-normal temperatures were observed for the Central Cal-
ifornia Coast, southeast Idaho and northeast Utah. Drought changes
in California remain curbed as the dry season marches on. All hay is
reported FOB the stack or barn unless otherwise noted.
Tons Price
REGION 1: NORTHERN INTERMOUNTAIN
Includes the counties of Siskiyou, Modoc, Shasta, Lassen, and
Plumas.
Alfalfa/Orchard Mix
Premium
50
$200
Orchard Grass
Premium
25
$300
Good/Prem 50
$240
Wheat Straw
Good
200
$74
REGION 2: SACRAMENTO VALLEY
Includes the counties of Tehama, Glenn, Butte, Colusa, Sutter, Yuba,
Sierra, Nevada, Placer, Yolo, El Dorado, Solano, Sacramento.
Alfalfa/Orchard Mix
Good/Premium 75
$190
REGION 3: NORTHERN SAN JOAQUIN VALLEY
Includes the counties of San Joaquin, Calaveras, Stanislaus, Tu-
olumne, Mono, Merced and Mariposa.
Supreme
Prem/Sup
Premium
Alfalfa
Orchard Grass
Oat
Good
Fair
Premium
Good
Wheat
Good
Forage Mix-Three Way
Wheat Straw
Good
Good
500
450
600
100
75
100
200
100
100
800
150
100
150
750
1000
200
$240
$205
$230-235
$210
$150
$225
$225
$180
$240
$120
$150
$145
$150
$110
$80
$147
REGION 4: CENTRAL SAN JOAQUIN VALLEY
Includes the counties of Madera, Fresno, Kings, Tulare, and Inyo.
Alfalfa
Supreme
2000 $240
Barley
Good
1000 $80
1000 $95 Del
REGION 5: SOUTHERN CALIFORNIA
Includes the counties of Kern, Northeast Los Angeles, and Western
San Bernardino.
Alfalfa
Supreme
225
$220
200
$210
Prem/Sup
25
$208
Premium
200
$220
Forage Mix-Four Way
Premium
450
$200
REGION 6: SOUTHEAST CALIFORNIA
Includes the counties of Eastern San Bernardino, Riverside, and
Imperial.
Alfalfa
Prem/Sup
75
$190
Premium
350
$180
50
$180
Good/Prem 250
$150
1200 $150
75
$170
Retail/Stable
Good
200
$150
2370 $155-162
Bermuda Grass
Premium
50
$180
Good
430
$155
Klein Grass
Good/Prem 300
$180
Sudan
Premium
275
$195
Compiled by North American Potato Market News and USDA
Agricultural Market Service
Prices are weekly averages of daily prices. All prices are in dollars per hundredweight (cwt.). FWA is
a weighted average of shipping point prices or common packs in each area. Weights differ by area. GRI
is the Grower Returns Index for each individual area.
FRESH RUSSET POTATO MARKET REPORT
(North American Potato Market News)
(USDA Market News)
June 3
SHIPPING AREA
FWA
Chg
GRI
Chg
70 ct
Chg
10 lb. Film
Chg
IDAHO BURBANKS
$12.84
$0.49
$5.45
$0.29
$29
$2
$5.50
$0
SAN LUIS VALLEY
$14.31
$0.01
$7.59
$0.01
$26
$0
$10
$0
COLUMBIA BASIN
$14.92
$1.05
$6.77
$0.65
$27
$4
$7.50
$0
WISCONSIN
$17.90
$0.41
$10.40
$0.33
$30
$1.50
$14
$0
California Egg Reports
Compiled by USDA Market News Service • Des Moines
Shell egg marketer’s benchmark price for negotiated egg sales of USDA Grade AA and Grade AA in
cartons, cents per dozen. This price does not reflect discounts or other contract terms.
DAILY CALIFORNIA SHELL EGGS
(USDA Market News)
Des Moines, Iowa
June 2
Benchmark prices are steady. Asking prices for next week are 1 cent higher for Jumbo, 2 cents lower for
Extra Large and Large and unchanged for Medium and Small. The undertone is lower. Offerings are light for
Jumbo and moderate to instances heavy on the balance of sizes. Demand is light to moderate. Supplies are
easily adequate for anticipated needs. Market activity is slow to moderate. Small benchmark price 69 cents.
Size
Range
Size
Range
Jumbo
136
Extra large
121
Large
113
Medium
89
SOUTHERN CALIFORNIA
Prices to retailers, sales to volume buyers, USDA Grade AA and Grade AA, white eggs in cartons, de-
livered store door.
Size
Range
Size
Range
Jumbo
123-136
Extra large
112-116
Large
98-107
Medium
70-81
Sheep/Wool Market Reports
Compiled by USDA Market News Service • Greeley, Colo.-San Angelo, Texas
Grain Market Reports
Compiled by USDA Market News Service • Portland
Grains are stated in dollars per bushel or hundredweight (cwt.)
except feed grains traded in dollars per ton. National grain report
bids are for rail delivery unless truck indicated.
PORTLAND GRAIN
(USDA Market News)
Portland
June 1
PACIFIC NORTHWEST MARKET SUMMARY
Cash wheat bids for June delivery ended the reporting week on
Thursday, June 1, were mixed compared to last week’s noon bids
for June delivery.
July wheat futures ended the reporting week on Thursday, June
1, mixed as follows compared to last week’s closes: Chicago wheat
futures were 1.75 cents lower at $4.29, Kansas City wheat futures
were 0.50 of a cent lower at $4.3075 and Minneapolis wheat futures
trended 16.50 cents higher at $5.7875.
Chicago July corn futures trended 1.25 cents higher at $3.7050
and July soybean futures closed 27.25 cents lower at $9.1225.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains
or barges during June for ordinary protein trended 4.00 to 6.75 cents
per bushel lower compared to week ago prices for the same deliv-
ery period at $4.74-4.85. Some exporters were not issuing bids for
nearby delivery.
White club wheat premiums were zero to 10 cents per bushel over
soft white wheat bids this week and last week.
One year ago bids for US 1 Soft White Wheat any protein for June
delivery by unit trains and barges to Portland were $5.20-5.28 and
bids for White Club Wheat were also $5.20-5.28.
Forward month bids for soft white wheat ordinary protein were as
follows: July $4.84-4.85, August New Crop and September $4.7850-
4.85.
One year ago, forward month bids for soft white wheat for any
protein were as follows: July
$5.20-5.34 and August New Crop $5.20-5.30.
Bids for US 1 Soft White Wheat guaranteed maximum 10.5 per-
cent protein during June trended 1.75 to 6.75 cents per bushel lower
compared to week ago price for the same delivery period at $4.74-
4.89. Some exporters were not issuing bids for nearby delivery.
White club wheat premiums for guaranteed maximum 10.5 per-
cent protein soft white wheat this week were zero to 10 cents per
bushel over soft white wheat bids this week and last week.
One year ago bids for US 1 Soft White Wheat guaranteed maxi-
mum 10.5 percent protein for July delivery by unit trains and barges
to Portland were $5.3375-5.4375 and bids for White Club Wheat
were also $5.3375-5.54.
Forward month bids for soft white wheat guaranteed 10.5 per-
cent proteins were as follows: July $4.84-4.89, August New Crop
$4.6850-4.85 and September $4.8350.
One year ago, forward month bids for soft white wheat for any
protein were as follows: July $5.30-5.3875, August New Crop and
September $5.30-5.45 and October $5.33-5.58.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for
June delivery were 0.50 of a cent per bushel lower compared to
last week’s noon bids for the same delivery period. Some exporters
were not issuing bids for nearby delivery.
This week, bids were as follows: June and July $5.0575-5.1575,
August New Crop $5.1425-5.1925 and September $5.1925.
Bids for non-guaranteed 14.0 percent protein US 1 Dark Northern
Spring Wheat for Portland delivery during June were 16.50 cents
per bushel higher than last week’s noon bids for the same delivery
period. Some exporters were not issuing bids for nearby delivery.
This week, bids for non-guaranteed 14 percent protein were as
follows: June and July $6.7875-7.0375, August New Crop and Sep-
tember $6.7250-7.0250.
COARSE FEEDING GRAINS
Bids for US 2 Yellow Corn delivered full coast Pacific Northwest -
BNSF shuttle trains for June delivery trended 0.75 of a cent to 5.75
cents lower from $4.3850-4.4350.
Forward month corn bids were as follows: July
$4.3750-4.4250, September $4.4450-4.5050 and October
$4.5925.
Bids for US 1 Yellow Soybeans delivered full coast Pacific North-
west - BNSF shuttle trains for June delivery trended 27.25 to 29.25
cents per bushel lower from 9.8225-9.8725.
Forward month soybean bids were as follows: July $9.8225-
9.8725, September $9.9975-10.0075, October $9.9775-10.0275
and November $9.9775-10.0075.
Bids for US 2 Heavy White Oats for April delivery trended steady
at $3.2650 per bushel.
PACIFIC NORTHWEST EXPORT NEWS
There were 26 grain vessels in Columbia River ports on Thursday,
June 1, with six docked compared to 23 last week with five docked.
There were no new confirmed export sales this week from the Com-
modity Credit Corp. (CCC) of the USDA.
CALIFORNIA GRAINS
(USDA Market News)
Portland
June 1
Prices in dollars per cwt., bulk Inc.= including; Nom.= nominal;
Ltd.= limited; Ind.= indicated; NYE=Not fully estimated.
GRAIN DELIVERED
Mode
Destination
Price per cwt.
BARLEY - U.S. No 2 (46-lbs. per bushel)
Truck
Stockton-Modesto-Oakdale-Turlock $9.75 Kern
County
$7.50
Colusa County
$9.75
CORN - U.S. No 2 Yellow
FOB
Kings-Tulare-Fresno
$8.10
Turlock/Tulare
$8.49
Rail
Single Car Units via BNSF
Los Angeles-Chino Valley
$8.58-8.63
Truck
Stockton-Modesto-Oakdale-Turlock $8.79
Kings-Tulare-Fresno Counties
$8.79
Glenn County
$8.35
SORGHUM-U.S. No. 2 Yellow (Milo)
Rail
Los Angeles-Chino Valley via BNSF $8.22-8.24
OATS-U.S. No. 2 White
Truck
Petaluma
$11.25
WHEAT-U.S. No. 2 or better-Hard Red Winter
(Domestic Values for Flour Milling)
FOB
Kern
$8.25
Fresno
$8.25
WHEAT-Any Class for Feed
FOB
Kings-Tulare-Fresno Counties
$8.50
Livestock Auctions
Cattle prices in dollars per hundredweight
(cwt.) except some replacement animals per
pair or head as indicated.
Oregon
EUGENE
(Eugene Livestock Auction)
June 3
Head count: 481
Compared to last week: Cows and bulls up
$3-8. Feeder cattle steady.
Cows: Top cows high dressers: $70-80.
Top 10 cows: $75.05
Low dressers: $60-70.
Rop bulls high dressers: $75-93.
Feeder Bulls: 300-500 lbs. $88-137; 500-700
lbs. $90-140; 700 to 900 lbs. $80-119.
Choice steers: Medium to large frame #1
and #2s: 300-400 lbs. $120-146; 400-500 lbs.
$120-141; 500-600 lbs. $130-152; 600 to 700
lbs. $120-146.50; 700-800 lbs. $120-134.50;
800 to 900 lbs. $110.50-122.
Choice heifers: medium to large frame #1
and #2s: 300-400 lbs. $115-132; 400-500 lbs.
$120-142.50; 500-600 lbs. $120-140; 600-700
lbs. $115-137; 700-800 lbs. $110-124; 800-up
lbs. $116-120.
Bred Cows: n/t hd
Pairs: $775-1160 pair.
Head calves (up to 250 lbs.) Beef $200-385
hd. Dairy: $35 hd.
Feeder lambs: 50-90 lbs.: $180-206; 90 to
130 lbs. $140-187.
LEBANON
(Lebanon Auction Yard)
June 2
Total receipts: 226
Top Butcher Cow: $134 organic; $86 conv.
Top 10 Butcher Bulls: $105.19 org.; $83.56 conv.
Top Bull: $99 org.; $89.56 conv.
Feeder Steers: 400-500 lbs. $132-144; 500-
600 lbs. $142; 600-700 lbs. $140; 700-800 lbs.
$133.
Feeder Heifers: 500-600 lbs. $124-129; 700-
800 lbs. $118.
Cow Calf Pairs: $1235-1600.
Bred Cows: $625-800
Goats: $130 hd.
WOODBURN
(Woodburn Livestock Exchange)
May 30
Total receipts: 281 head.
Comments: Very light test on feeder cattle
this week due to holiday. Demand remains
strong for 500-700 lb. quality feeder cattle.
Top 10 Slaughter Cows A/P: $83.24 cwt.
Top 50 Slaughter Cows A/P: $72.83 cwt.
Top 100 Slaughter Cows A/P: $84.43 cwt.
Top Certified Organic Cattle: NT
All Certified Organic Cattle Average Price:
NT
All Slaughter Bulls: $64-95 cwt.
All Slaughter Bulls: $620-1440 hd.
Bred Cows: $500-1025 hd.
Day Old Beef Cross Calves: $95-250 hd.
Day Old Dairy Calves: $10-80 hd.
Block Hogs: $60-65 cwt.
Feeder Pigs: $55-100 hd.
Sows: $10-20 hd.
Weaner Pigs: $5-22 hd.
Lambs 40-70 lbs.: $180-225 cwt.
Lambs 75-150 lbs.: $165-198 cwt.
Thin Ewes: $75-125 cwt.
Fleshy Ewes: $50-70 cwt.
Ewe-Lamb Pairs: NT
Goats 10-39 lbs.: $20-65 hd.
Goats 40-69 lbs.: $32.50-180 hd.
Goats 70-79 lbs.: $85-165 hd.
Goats 80-89 lbs.: $120-180 hd.
Goats 90-99 lbs.: $100-170 hd.
Goats 100-199 lbs.: $80-265 hd.
Goats 200-300 lbs.: NT
Washington
lbs. $109.50; 700-800 lbs. $110.
Feeder Bulls: Large 2-3: 1100-1200 lbs.
$94.50.
Feeder Heifers: Medium and Large 1-2: 300-
400 lbs. $155; 500-600 lbs. $140-142; 500-600
lbs. $130, Full; 600-700 lbs. $131-135; 700-
800 lbs. $130.50; 800-900 lbs. $122. Medium
and Large 2-3: 700-800 lbs. $127. Large 2-3:
300-400 lbs. $141; 600-700 lbs. $90, Full; 700-
800 lbs. $105.50; 1000-1100 lbs. $104-105.75;
1100-1200 lbs. $103.50. Small and Medium
2-3: 600-700 lbs. $129.
Cow/Calf Pairs (Per Pair): Medium and Large
1-2: Young (3 yrs. old) 900 lbs. $1260 with 100-
150 lbs. calves.
TOPPENISH
(Toppenish Livestock Auction)
(USDA Market News)
Moses Lake, Wash.
June 1
This week
Last week
Last year
1,450
1,460
1,130
Compared to May 25: Not enough stocker
or feeder cattle this week for adequate mar-
ket trends. Trade active with good demand
for small lots and singles. Slaughter cows and
bulls $3-5 higher. Trade very active with very
good demand. Slaughter cows 69 percent,
slaughter bulls 10 percent, and feeders 21 per-
cent of the supply.
The feeder supply included 48 percent steers
and 52 percent heifers. Near 67 percent of the
run weighed over 600 lbs. Replacement Cows:
Pre-tested for pregnancy, and age.
Please Note: The below USDA LPGMN price
report is reflective of the majority of classes
and grades of livestock offered for sale. There
may be instances where some sales do not fit
within reporting guidelines and therefore will
not be included in the report. Prices are report-
ed on a per cwt basis, unless otherwise noted.
Feeder Steers: Medium and Large 1-2: 500-
600 lbs. $152-163; 600-700 lbs. $155-159;
600-700 lbs. $145, Full; 700-800 lbs. $135-
143.50. Small and Medium 2-3: 600-700 lbs.
$143.
Feeder Holstein Steers: Large 2-3: 400-500
lbs. $160; 400-500 lbs. $110.50, Full; 500-600
COTTONWOOD
(Shasta Livestock Auction Yard)
June 2
Compared to last sale: Slaughter cows $2
lower. Very few light cattle. Yearlings much
higher on good lots and excellent demand.
Strong week on futures.
Slaughter cows: High Yielding $69-73; Med.
$60-68; Low $40-57; High Dress $74-78; Heif-
erettes $80-105
Bulls 1-2: $75-95.
Feeder Steers: 500-550 lbs, $136-161 (few);
600-650 lbs. $140-157.50; 650-700 lbs. $130-
148.50; 700-750 lbs. $130-146; 750-800 lbs.
$130-136 (few); 800-900 lbs. $125-141.75;
900-1000 lbs. $118-142.
Feeder Heifers: 550-600 lbs. $122-144 (few);
600-650 $115-135 (few); 650-700 lbs. $120-
134.50; 700-750 lbs. $115-132 (few); 750-800
lbs. $120-134; 800-900 lbs. $115-135.50.
Pairs: Mostly older $1100-1750.
shifting from bottling to manufacturing. Industry
contacts report no trouble getting the milk need-
ed for most processing needs.
After a week of dry weather, farmers are
getting caught up on field work and making
the first cuttings of hay. Pasture and rangeland
conditions are good or excellent in 90 percent of
Washington and 49 percent of Oregon.
Milk production in the mountain states of Col-
orado, Utah and Idaho is strong.
Milk per cow may be a little lower than pre-
vious years, but a strong crop of replacement
dairy cows has helped refill milk tanks. Milk
intakes are plentiful and manufacturers are
having no trouble getting the milk needed for
processing.
Farmers are making their first cuttings of hay.
Pasture and rangeland conditions are good or
excellent in 76 percent of Colorado, 85 percent
of Utah, and 81 percent of Idaho.
Western condensed skim intakes from Class
II manufacturers are steady to increasing, eas-
ing the pressures on dryer schedules.
In the West, butterfat components are drop-
ping seasonally, mainly in areas with higher
temperatures. Cream supplies are tight to com-
fortable, and manufacturers are making butter
to accommodate any extra cream.
The market anticipates that butter inventories
will get tighter in the coming months. Demand
is increasing as ice cream and frozen dessert
manufacturers increase their orders. Cream
multiples for all usages are 1.06 to 1.22.
According to the DMN National Retail Re-
port-Dairy for the week of May 26-June 1, the
national weighted average advertised price
for one gallon of milk is $3.46, up $1 from last
week, and 53 cents higher than a year ago.
The weighted average regional price in the
Southwest is $2.66, with a price range of $2.19-
$2.99. No ads were reported in the Northwest.
California
Dairy report
Compiled by USDA Market News Service • Madison
FLUID MILK AND CREAM REVIEW – WEST
(USDA Market News)
Madison, Wis.
June 1
Farm milk output is variable in California this
week. Many contacts report lower milk produc-
tion, while others suggest that it is flat to up.
In addition, some plant managers indicate that
less milk is going to the dryers. Fluid milk de-
mand is down as schools are starting to wind
down.
Alfalfa fields were making excellent progress
and being cut and dried. Pasture and rangeland
conditions are good or excellent in 75 percent
of California.
Milk production continues to trend downward
in Arizona due to higher daytime temperatures.
Manufacturers report temperatures topping 100
degrees in some areas. According to industry
contacts, so far milk supplies have increased
by approximately 3 percent this year compared
to last year.
Class I sales are down with schools being
out. Processors are balancing more milk in wait
of the next school session as handlers continue
to push back on milk.
Alfalfa and barley were rated mostly good to
excellent depending on the location. Harvesting
was taking place on three-quarters of the alfalfa
across Arizona.
In New Mexico, farm milk production is trend-
ing lower as the weather continues to be hotter.
Various plant operators indicate that supplies
are heavy and available to meet processing
needs.
As educational institutions close or get ready
to close, Class I interest is lower. Class II milk
orders from ice cream and frozen desert manu-
facturers are increasing.
Pacific Northwest milk production, down year
over year, is seasonally edging higher. With the
end of the school year, some milk intakes are
Wool prices in cents per pound and foreign
currency per kilogram, sheep prices in dol-
lars per hundredweight (cwt.) except some
replacement animals on per head basis as
indicated.
NATIONAL WOOL REVIEW
(USDA Market News)
Greeley, Colo.
June 2
Domestic wool trading on a clean basis
was slow this week. There were no confirmed
trades reported. Domestic wool trading on a
greasy basis was slow this week. There were
no confirmed trades reported.
Domestic wool tags
No. 1
$.60-.70
No. 2
$.50-.60
No. 3
$.40-.50
NATIONAL SHEEP SUMMARY
(USDA Market News)
San Angelo, Texas
June 2
Compared to May 26: All classes were
steady to sharply lower. At San Angelo,
Texas, 4,396 head sold. No sales in Equity
Electronic Auction. In direct trading slaughter
ewes were not tested; feeder lambs had no
recent comparison. 3,000 head of negotiated
sales of slaughter lambs were steady to $5
higher. 2,362 lamb carcasses sold with all
weights no trend due to confidentiality. All
sheep sold per hundredweight unless other-
wise specified.
SLAUGHTER LAMBS Choice and Prime
2-3:
San Angelo: Shorn and wooled 120-150
lbs. $170-185.
Ft. Collins: Wooled 115-120 lbs. $235.
Billings, Mont.: No test.
Missouri:
100-125 lbs. 150-155.
Equity Elec: no sales.
SLAUGHTER LAMBS Choice and Prime
1-2:
San Angelo: 40-60 lbs. $222-234; 60-70
lbs. $210-230; 70-80 lbs. $200-214, few
$216-220; 80-90 lbs. $196-212, few $218;
90-110 lbs. $188-200.
Ft. Collins: 40 lbs. $270; 70-90 lbs. $235-
247.50, few $250; 90-110 lbs. $230-240, few
$250.
DIRECT TRADING (lambs fob with 3-4 per-
cent shrink or equivalent) 3000:
SLAUGHTER LAMBS
Shorn and wooled 128-184 lbs. $157.50-210.
Texas: 1600: Feeder Lambs 65 lbs. $223-
236.
SLAUGHTER EWES
San Angelo: Good 3-4 (very fleshy) $56-
60; Good 2-3 (fleshy) $64-66; Utility and
Good 1-3 (medium flesh) $70-84; Utility 1-2
(thin) $66-70; Cull and Utility 1-2 (very thin)
$58-64; Cull 1 (extremely thin) $40-50.
Ft. Collins: Good 3-5 (very fleshy) $68;
Good 2-3 (fleshy) $66-77.50; Utility 1-2 (thin)
$53-54; Cull 1 (extremely thin) $22-27.
Billings: Good 3-4 (very fleshy) no test;
Good 2-3 (fleshy) no test; Utility 1-2 (thin) no
test; Cull and Utility 1-2 (very thin) no test;
Cull 1 no test.
FEEDER LAMBS Medium and Large 1-2:
San Angelo: New crop 50-90 lbs. $210-
224; 90-105 lbs. $206-216.
Ft. Collins: 50-60 lbs. $240-247.50; 60-70
lbs. $235; 115 lbs. $225.
Billings: No test.
San Angelo: Hair ewe lambs 90-100 lbs.
$202-220 cwt; mixed age hair ewes 80-140
lbs. $90-150 cwt.
Ft. Collins: No test.
Billings: No test.
NATIONAL WEEKLY LAMB CARCASS
Choice and Prime 1-4:
Weight
Wtd. Avg.
45 lbs. down
Price not reported
due to confidentiality
45-55 lbs.
Price not reported
due to confidentiality
55-65 lbs.
Price not reported
due to confidentiality
65-75 lbs.
Price not reported
due to confidentiality
75-85 lbs.
Price not reported
due to confidentiality
85 lbs. up
Price not reported
due to confidentiality
Sheep and lamb slaughter under feder-
al inspection for the week to date totaled
27,000 compared with 32,000 last week and
37,000 last year.
Cattle Market Reports
Compiled by USDA Market News Service • Oklahoma City-Des
Moines-St. Joseph, Mo.-Moses Lake, Wash.
Cattle prices in dollars per hundredweight (cwt.)
except some replacement animals per pair or
head as indicated.
NATIONAL FEEDER AND STOCKER CATTLE
(Federal-State Market News)
St. Joseph, Mo.
June 2
This week
Last week
Last year
164,300
211,400
127,100
Compared to May 26: Steers and heifers sold
$2 to $7 higher with some outliers called $9 to
$11 higher on this holiday shortened week. Re-
duced receipts at auctions nationwide this week
as many sales took the week off to celebrate the
Memorial Day holiday.
Auctions that did have sales were welcomed
with some handsome prices. The stands may not
have been full of buyers this week, however, the
normal players showed up at the major livestock
markets to procure limited supplies of top quality
feeders this week.
On Thursday at the Ogallala Livestock Auction
in Ogallala, Neb., a package of 717 lb. steers sold
at $174. In addition, a half load of 881 lb. steers
sold for $165, while a half load of 909 lb. steers
went for $156.50.
Many market watchers are wondering where
the top of the market is. After last year when large
losses occurred in the cattle feeding sector, finan-
cial institutions heavily suggested and in many
cases insisted on a more stable price protection
for cattle feeders. So cattle feeders are now in a
situation where more margin money has gone to
Chicago than they would have ever thought.
The front four CME Feeder Cattle contracts
gained $8.98 to $11.77 this week as Thursday
saw limit gains on the August through October
contracts.
The Live Cattle contract followed suit as the
front four months were $5.52 to $8.12 higher for
the week. Fed cattle marketings were resilient this
week as strong beef demand has kept packers
in the hunt for current fed cattle. Front end sup-
plies were $4 to $5 higher in the Southern Plains
at $136 to $137 and dressed sales in Nebraska
were $5 to $7 higher at mostly $215.
Packer profitability has been better than ex-
pected and helped improve cash prices after
sliding the past couple weeks.
Fewer cattle have been grading Choice and
packers are willing to chase the market to get the
higher quality grading animals.
The Choice-Select spread reported at $28.36
on June 1 is at an all time LMR record high. That
value surpassed the previous record of $25.57
set on June 13, 2016.
Choice Boxed Beef closed Friday at $245.24,
down a penny since last week’s close.
Choice Boxed Beef values have steady climbed
in May and settled 2 1/2 weeks ago at the highest
level ($249.88) in since August 2015 and haven’t
faltered like many analysts were anticipating.
Auction volume this week included 56 percent
weighing over 600 lbs. and 41 percent heifers.
AUCTIONS
This week
Last week
Last year
120,100
163,500
101,000
TEXAS 6100. 85 pct over 600 lbs. 38 pct
heifers. Steers: Medium and Large 1 500-550
lbs. (506) $165.04; 550-600 lbs. (566) $163.14;
600-650 lbs. (626) $158.92; 650-700 lbs. (686)
$158.83; 700-750 lbs. (740) $154.79; 750-800
lbs. (780) $153.67; 800-850 lbs. (811) $149.25;
850-900 lbs. (862) $147.99; 900-950 lbs. (907)
$139.27; 1000-1050 lbs. (1020) $125.80; half
load 1085 lbs. $120. Medium and Large 1-2
350-400 lbs. (394) $169.42; 400-450 lbs. (424)
$172.53; 450-500 lbs. (478) $174.65;
500-550 lbs. (530) $176.99; 600-650 lbs. (629)
$152.85; 650-700 lbs. (663) $157.28; 700-750
lbs. (740) $153.17; 750-800 lbs. (786) $147.95.
HEIFERS: MEDIUM AND LARGE
1 500-550 lbs. (542) $151.49; 550-600 lbs.
(583) $149.53; 650-700 lbs. (684) $146.54;
700-750 lbs. (723) $146.27; 750-800 lbs. (765)
$141.54; 850-900 lbs. (873) $140.34; half load
1025 lbs. $119.25.
Medium and Large 1-2 half load 440 lbs. 170;
450-500 lbs. (472) $153.83; 550-600 lbs. (592)
$147.01; 600-650 lbs. (626) 142.33; 650-700 lbs.
(668) $143.77; 700-750 lbs. (728) 141.10; 750-
800 lbs. (763) 136.65; half load 835 lbs. $138.
WASHINGTON 1500. 67 pct over 600 lbs. 52
pct heifers. There were not enough feeder cattle
sales to report.
NATIONAL SLAUGHTER CATTLE
(USDA Market News)
Oklahoma City, Okla.
June 2
Slaughter cattle sold mostly $4-6 higher
with dressed sales in Nebraska $5-10 higher.
Packer demand and seller interest good to very
good.
Slaughter cattle on a national basis for ne-
gotiated cash trades through Friday afternoon
totaled about 77,666 head. Last week’s total
head count was 82,850 head.
Midwest Direct Markets: Live Basis: Steers
and Heifers: $134-137.50. Dressed Basis:
Steers and Heifers $213-220.
South Plains Direct Markets: Live Basis:
Steers and Heifers $135-137.50.
Slaughter Cows and Bulls (Average Yielding
Prices): Slaughter cows and bulls steady to
$2 higher. Cutter Cow Carcass Cut-Out Value
Friday was $178.19 up $1.59 from last Friday.