May 29, 2015
CapitalPress.com
13
Farm Market Report
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 re-
tail outlets. Basis is current delivery FOB barn or stack, or delivered
customer as indicated.
Grade guidelines used in this report have the following relation-
ship to Relative Feed Value (RFV), Acid Detergent Fiber (ADF),
TDN (Total Digestible Nutrients), or Crude Protein (CP) test num-
bers:
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.
May 22
This week FOB
Last week
Last year
12,520
8,300
16,575
Compared to May 15: New crop Premium/Supreme Alfalfa steady
to $5 higher. Standing Alfalfa steady. Trade moderate on new crop,
light on old crop supplies. Thunderstorms this week caused a lot of
rain damage to new crop supplies in the windrows. Demand good
for new crop high testing Alfalfa, light to moderate on other grades.
Retail/Feedstore not tested this week. Demand remains good.
Tons Price
Supreme
900
$220-225
Alfalfa Large Square
4200 $215-230
Prem./Sup. 1420 $210
Alfalfa Standing
Good/Prem. 2000 $130-140
Fair/Good 2000 $130-140
Utility/Fair 2000 $130-140
OREGON AREA HAY
(USDA Market News)
Portland, Ore.
May 22
This week FOB
Last week
Last year
1,862
863
404
Compared to May 15: Prices trended generally steady compared
to the same quality last week. Trade activity and demand was slow
this week. Most producers are sold out for the season. All prices are
in dollars per ton and FOB unless otherwise stated.
Tons Price
CROOK, DESCHUTES, JEFFERSON, WASCO COUNTIES
Premium
250
$200
Alfalfa Large Square
Good
25
$175
Fair
220
$165
Small Square
Good/Prem. 15
$200
Orchard Grass Large Square Good
15
$200
Small Square
Grass Mix-Five Way Small
Square
EASTERN OREGON
Alfalfa/Orchard Mix Small
Square
Alfalfa/Timothy Mix Large
Square
KLAMATH BASIN
Alfalfa Small Square
LAKE COUNTY
Alfalfa Large Square
Alfalfa Small Square
Compiled by North American Potato Market News and USDA
Agricultural Market Service
Premium
23
$260-275
Premium
10
$275
Good
20
$170
Premium
25
$200
Premium
72
$230
Supreme
101
100
Good/Prem. 244
Supreme
30
Premium
30
Good
650
$250
$275
$190-200
$240
$220
$125
Triticale Large Square
Forage Mix-Three Way Large
Square
Good/Prem. 32
$150
HARNEY COUNTY: No new sales confirmed.
IDAHO HAY
(USDA Market News)
Moses Lake, Wash.
May 22
This week FOB
Last week
Last year
4,700
11,600
1,175
Compared to May 15: All grades of Alfalfa weak in a light test.
Trade active on new crop contracting on the stump, slow otherwise.
Demand moderate. Retail/feed store/horse not tested this week.
Tons Price
Alfalfa Large Square
Prem./Sup. 1000 $170
1000 $195
Good/Prem. 2400 $160
200
$160
Fair/Good 100
$60
CALIFORNIA HAY
(USDA Market News)
Moses Lake, Wash.
May 22
This week FOB
Last week
Last year
15,722
14,309
19,001
Compared to May 15: All classes traded active on good demand.
Region 6 was hit with a rain this week with a lot of hay on the ground.
Milk prices in the mid-teens are shifting the demand from dairies to
the export market. According to U.S. Drought Monitor, storage in
California’s 154 reservoirs stood at 18.0 million acre-feet (64 per-
cent of average) on May 1, about 1.6 million acre-feet lower than a
year ago. With little snow in the mountains above California’s lakes,
further inflow will be negligible, meaning that the reservoir recharge
season has ended early.
REGION 1: Northern Intermountain
Tons Price
Alfalfa/Orchard Mix
Premium
75
$300
Oat
Good
50
$125
Forage Mix-Two Way
Good
50
$140
REGION 2: Sacramento Valley
Includes the counties of Tehama, Glenn, Butte, Colusa, Sutter,
Yuba, Sierra, Nevada, Placer, Yolo, El Dorado, Solano, Sacramento.
Tons Price
Alfalfa
Supreme
165
$240-250
400
$190-200
Rye Grass
Good/Prem. 1500 $115
Oat
Good/Prem. 2500 $110
Good
2500 $90
REGION 3: Northern San Joaquin Valley
Includes the counties of San Joaquin, Calaveras, Stanislaus, Tu-
olumne, Mono, Merced and Mariposa.
Tons Price
Alfalfa
Supreme
155
$265
1050 $265-267
175
$288
Good
250
$240-245
394
$200-210
Wheat
Good
400
$115
Triticale
Good
500
$118
Forage Mix-Three Way
Good
225
$190
REGION 4: Central San Joaquin Valley
Tons Price
Alfalfa
Supreme
1000 $295
Good
600
$227
REGION 5: Southern California
Includes the counties of Kern, Northeast Los Angeles, and West-
ern San Bernardino.
Tons Price
Alfalfa
Premium
225
$240
325
$280
Good/Prem. 175
$240
Good
300
$230
125
$230
Fair
225
$190
Forage Mix-Three Way
Good/Prem. 50
$280
Good
275
$220
REGION 6: Southeast California
Tons Price
Alfalfa
Premium
125
$220
651
$220
Good/Prem. 957
$200-210
50
$240
200
$220-230
Good
Bermuda Grass
Premium
50
$200
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
May 22
PACIFIC NORTHWEST MARKET SUMMARY
Cash wheat bids for May delivery ended the reporting week on
Thursday, May 21 were higher compared to May 13 noon bids. Hard
red winter wheat and dark northern spring wheat were higher. Soft
white wheat bids were not available for May delivery.
July wheat futures ended the reporting week on Thursday, May
21, higher as follows compared to May 13 closes: Chicago wheat
futures were 7.75 cents higher at $5.22, Kansas City wheat futures
were 14.50 cents higher at $5.5775 and Minneapolis wheat futures
trended 11.75 cents higher at $5.7825. Chicago July corn futures
trended 3 cents lower at $3.65 while July soybean futures closed
18.50 cents lower at $9.3850.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains
or barges during May for ordinary protein were not available today
as most exporters were not issuing bids for nearby delivery. The
previous week’s bids were not available last week as most exporters
were not issuing bids for May delivery. There were no white club
wheat premiums for this week or last week.
One year ago bids for US 1 Soft White Wheat any protein for May
delivery by unit trains and barges to Portland were $7.2925-7.50,
mostly $7.3775 and bids for White Club Wheat were $7.5925-8,
mostly $8.2450.
Nearby bids for US 1 Soft White wheat ordinary protein were not
available Friday through Thursday as most exporters were not issu-
ing bids for nearby delivery. Forward month bids for soft white wheat
ordinary protein were as follows: June and July were not available,
August New Crop and September $5.85-6.2950.
One year ago, forward month bids for soft white wheat for any
protein were as follows: June $7.2925-7.50, July $7.1425-7.3525,
August New Corp $7.2225-7.3525 and September $7.2725-7.3525.
Bids for US 1 Soft White Wheat guaranteed maximum 10.5
percent protein during May were not available this week as most
exporters were not issuing bids for nearby delivery. Last week bids
ranged from $6.45 to 6.7425, mostly $6.5925. There were no white
club wheat premiums for guaranteed 10.5 percent protein this or
last week. Forward month bids for soft white wheat guaranteed 10.5
percent protein were as follows: June and July $6.33-6.42, August
New Crop and September $6.22-6.35.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for
May delivery were 4.50 to 9.50 cents per bushel higher compared
to May 14 for May noon bids. The higher Kansas City July wheat fu-
tures supported bids during the week. On May 21, bids were as fol-
lows: May $6.4275-6.5275, mostly $6.4775; June $6.4275-6.6275;
July $6.4275-6.4775 and August New Crop $6.4275-6.5775.
Bids for non-guaranteed 14.0 percent protein US 1 Dark North-
ern Spring Wheat for Portland delivery for May delivery were 11.75
cents per bushel higher. Higher Minneapolis July wheat futures for
the week were supportive to bids. On May 21, bids for non-guar-
anteed 14 percent protein were as follows: May $7.5325-7.9825,
mostly $7.7625; June $7.5325-7.9825; July $7.1825-7.6825; August
New Crop $6.9925-7.3925 and September $6.8925-7.1925.
COARSE FEEDING GRAINS
Bids for US 2 Yellow Corn delivered full coast Pacific North-
west - BN shuttle trains for May delivery were 8 cents lower from
$4.55-4.56 per bushel. Forward month corn bids for June $4.55-
4.57, July $4.5750-4.5850, August and September $4.6825-4.7025
and October and November were $4.6825-4.7025. Bids for US 1
Yellow Soybeans delivered full coast Pacific Northwest - BN shut-
tle trains for May delivery were 18.50 to 20.50 cents lower from
$10.1850-10.3150 per bushel. Forward month soybean bids for
June $10.1850-10.3050, October $10.3450-10.3650, November
$10.3550-10.3650 and December $10.3550-10.3950. Bids for US
2 Heavy Wheat Oats for May delivery held steady at $3.8475 per
bushel.
PACIFIC NORTHWEST EXPORT NEWS
There were six grain vessels in Columbia River ports on Thurs-
day, May 21, with three docked compared to four May 14 with two
docked. There were no confirmed export sales this week from the
Commodity Credit Corporation of the USDA.
CALIFORNIA GRAINS
(USDA Market News)
Portland
May 22
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)
Rail
Stockton-Modesto-Oakdale-Turlock NA
Tulare County
NA
Truck
Petaluma-Santa Rosa
$9.65
Stockton-Modesto-Oakdale-Turlock
Kings-Tulare-Fresno Counties
NA
Madera County
Kern County
Glenn County
Colusa County
Solano County
CORN - U.S. No. 2 Yellow
FOB Turlock/Tulare
Rail
Single Car Units via BNSF
Chino Valley-Los Angeles
Truck
Petaluma-Santa Rosa
Stockton-Modesto-Oakdale-Turlock
Los Angeles-Chino Valley
Kings-Tulare-Fresno Counties
SORGHUM - U.S. No. 2 Yellow
Rail
Los Angeles-Chino Valley
via BNSF Single
Truck
Modesto-Oakdale-Turlock
OATS - U.S. No. 1 White
Truck
Los Angeles-Chino Valley
OATS - U.S. No. 2 White
Truck
Petaluma
Stockton-Modesto-Oakdale-Turlock
Rail
Petaluma
WHEAT - U.S. No. 2 or better - Hard Red Winter
(Domestic Values for Flour Milling)
Los Angeles 12 percent Protein
Los Angeles 13 percent Protein
Los Angeles 14 percent Protein
Truck/Rail Los Angeles 11-12 percent Protein
Los Angeles 12 percent Protein
Los Angeles 13 percent Protein
Los Angeles 14 percent Protein
WHEAT - U.S. Durum Wheat
Truck
Imperial County
WHEAT - Any Class for Feed
FOB Tulare
Truck/Rail Los Angeles-Chino Valley
Truck
Petaluma-Santa Rosa
Stockton-Modesto-Oakdale-Turlock
King-Tulare-Fresno Counties
Merced County
Kern County
Prices paid to California farmers, seven-day
ending May 21:
No new sales confirmed.
NA
$8.35
NA
NA
NA
$8.40
$8.75
NA
$9.05
$9.05
NA
$11.05
NA
NA
NA
NA
NA
$12.76
$12.96
$13.16
$12.46
NA
NA
NA
NA
$13.05
NA
NA
$10.90
NA
NA
reporting period
Livestock Auctions
Cattle prices in dollars per hundredweight (cwt.)
except some replacement animals per pair or
head as indicated.
California
SHASTA
(Shasta Livestock Auction)
Cottonwood, Calif.
May 22
Current week Last week
2,389
1,508
Compared to May 15: Slaughter cows $3-4
higher. Top bulls $5-12 higher. Very few cattle un-
der 500 lbs. Steers steady to $15 higher. Heifers
$10-25 higher. Off lots and singles $30-60 below
top.
Slaughter cows: Breakers $103-110, $110-123
high dress; Boning $95-102.
Bulls 1 and 2: $110-134; $135-156 high dress.
Feeder steers: 500-550 lbs. $250.00-291.00;
550-600 lbs. $240.00-279.00; 600-650 lbs.
$230.00-266.00; 650-700 lbs. $229.00-244.00;
700-750 lbs. $215.00-234.50; 750-800 lbs.
$210.00-233.00; 800-900 lbs. $185.00-212.00.
Feeder heifers: 450-500 lbs. $245.00-284.00;
500-550 lbs. $222.00-262.00; 550-600 lbs.
$220.00-258.50; 600-650 lbs. $210.00-233.50;
650-700 lbs. $205.00-236.00; 700-750 lbs.
$195.00-223.00; 800-900 lbs. $175.00-196.00.
Pairs: Few running age pairs $2500-2800; Bro-
ken-mouth $1900-2400.
Calvy cows: No market test.
Idaho
CALDWELL
(Treasure Valley Livestock)
May 15
Steers: 300-400 lbs. $295; 400-500 lbs.
$209.50; 500-600 lbs. $208.25; 600-700 lbs.
$185; 700-800 lbs. $197.50; 800-900 lbs. $161;
900-1000 lbs. $181.25; 1000 lbs. and up $130.
Heifers: 300-400 lbs. $203.75; 400-500 lbs.
$218.25; 500-600 lbs. $208.25; 600-700 lbs.
$161.25; 700-800 lbs. $148.50; 800-900 lbs.
$144.25; 900-1000 lbs. $131.75; 1000 lbs. and
up $117.75.
Cows (wt.): 700-800 lbs. $102; 800-900 lbs.
$51.50; 900-1000 lbs. $106.25; 1000-1100 lbs.
$82; 1100-1200 lbs. $98.50; 1200-1300 lbs.
$98.75; 1300-1400 lbs. $99; 1400-1500 lbs.
$97.25; 1500-1600 lbs. $105.75; 1600-1700 lbs.
$95.50; 1700-1800 lbs. $107.25; 1800-1900 lbs.
$105.50; 1900-2000 lbs. $104.75.
Bull calves (wt.): 300-400 lbs. $180; 400-500
lbs. $248.75; 500-600 lbs. $235.50; 600-700 lbs.
$173.75; 700-800 lbs. $178; 800-900 lbs. $168;
900-1000 lbs. $127.
Bulls (wt.): 1900-2000 lbs. $130.
Pairs (hd.): 1000 lbs. and up $1325.
Bred heifers (hd.): 800 lbs. and up $2100.
Stock cows (hd.): 800 lbs. and up $1815.
Bull calves (hd.): 200-300 lbs. $315.
Heifer calves (hd.): 100-200 lbs. $370; 200-300
lbs. $460; 300-400 lbs. $535.
Steer calves (hd.): 100-200 lbs. $450; 200-300
lbs. $475; 300-400 lbs. $560; 400-500 lbs. $450;
500-600 lbs. $410.
Washington
TOPPENISH
(Toppenish Livestock Auction)
(USDA Market News)
Moses Lake, Wash.
May 22
This week
Last week
Last year
1,300
1,900
1,240
Compared to May 15 at the same market:
Stocker cattle less than 600 lbs. firm to $10 high-
er in a light test. Feeder cattle more than 600 lbs.
weak in a light test. Trade active with very good
demand. Slaughter cows $1-2 lower, except guar
grass fed cows $1-3 higher. Slaughter bulls $1-2
higher. Trade active with good demand. Slaugh-
ter cows 64 percent, Slaughter bulls 5 percent,
and feeders 31 percent of the supply. The feeder
supply included 51 percent steers and 49 percent
heifers. Near 52 percent of the run weighed over
600 lbs. Replacement Cows: Pre-tested for preg-
nancy, and age.
Feeder Steers: Medium and Large 1-2: 300-
400 lbs. $1100, Per Head; 400-500 lbs. $273-
300; 500-600 lbs. $265-270; 600-700 lbs. $247;
600-700 lbs. $231, Full; 700-800 lbs. $205-217;
700-800 lbs. $198, Full. Medium and Large 2-3:
600-700 lbs. $220. Small and Medium 1-2: 500-
600 lbs. $220. Small and Medium 2-3: 300-400
lbs. $300. Small 4: 200-300 lbs. $205; 200-300
lbs. $155, Full.
Feeder Holstein Steers: Large 2-3: 200-300
lbs. $277.50.
Feeder Bulls: Medium and Large 1-2: 800-900
lbs. $150.
Feeder Heifers: Medium and Large 1-2: 400-
500 lbs. $250; 500-600 lbs. $250; 600-700 lbs.
$229; 700-800 lbs. $197-200; 800-900 lbs. $190.
Medium and Large 2-3: 600-700 lbs. $210; 700-
800 lbs. $190. Large 2-3: 1000-1100 lbs. $147;
1200-1300 lbs. $133.50. Small and Medium 1-2:
600-700 lbs. $200. Small and Medium 2-3: 400-
500 lbs. $220-250. Small 4: 500-600 lbs. $187.50;
500-600 lbs. $132.50, Full; 600-700 lbs. $182.50.
Slaughter Cows:
Boning 80-85 percent lean 1400-1900 lbs.
$102-108; Boning 80-85 percent lean 1250-1600
lbs. $113.50-120.50; Lean 85-90 percent lean
1100-1400 lbs. $101-107; Lean Light 90 percent
lean 900-1200 lbs. $93-96.
Slaughter Bulls: Yield Grade 1-2 1600-2200 lbs.
$140-150.50.
Feeder Cows: Large 2-3: 1000-1100 lbs. $109,
Young; 1100-1200 lbs. $108.50, Young; 1300-
1400 lbs. $115, Young.
Cow/Calf (Per Pair): Medium and Large 1-2:
Heifers 1050-1400 lbs. with 100-150 lbs. calves
$2500-2600; Mid-Aged to Aged 1350-1400 lbs.
$2000-2250 with 100-150 lbs. calves; Broken
Mouth 1400 lbs. with 100-150 lbs. calves $1800.
Oregon
VALE
(Producers Livestock Market)
May 20
Total receipts: 908 head.
Comments: Good offering of mostly “running
age” pairs with a few young heifer pairs this week.
Steer calves: 400-500 lbs. $251-368; 500-600
lbs. $236-264.
Heifer calves: 400-500 lbs. $242-261; 500-600
lbs. $209-229.
Yearling steers : 600-700 lbs. $226-236; 700-
800 lbs. $207-217; 900-1000 lbs. $172-181.
Yearling heifers: 600-700 lbs. $211-228; 700-
800 lbs. $194-210.
Pairs: (young) $2400-2925; (B.M.) $1625-2375.
Butcher cows: $101-109.
Thin shelly cows: $83-97.
Younger heiferettes: $119-147.
Butcher bulls: $122-143.
MADRAS
(Central Oregon Livestock Auction)
May 18
Steers: 400-500 lbs. $240-260; 500-600 lbs.
$235-255; 600-700 lbs. $220-240; 700-800 lbs.
$200-220; 800-900 lbs. $180-200.
Bulls: High yield. $138-144; mostly $132; thin-
ner $120-130.
Heifers: 300-400 lbs. $260-280; 400-500 lbs.
$240-260; 500-600 lbs. $225-240; 600-700 lbs.
$210-225; 700-800 lbs. $190-210.
Heiferettes: 850-1000 lbs. $170-190.
Cows: Heiferettes $115; Feeder cows $115;
high-yield $110; medium-yield $110; low-yield
$100.
Deere boosts guidance as construction offsets ag swoon
MOLINE, Ill. (AP) —
Solid sales of its construction
equipment offset a global
agricultural slowdown for
Deere, the company said Fri-
day. It also raised its outlook
for the year and its shares
rose nearly 4 percent Friday.
Deere’s most profitable
business is making and sell-
ing its green tractors and
other farming equipment, but
with less demand for large
farm equipment, Deere is re-
lying more on its backhoes,
excavators and other con-
struction equipment to grow
sales. A surge in home con-
struction in the U.S. is like-
ly helping. In April, builders
broke ground on homes at
the fastest pace in more than
seven years, according to the
Commerce Department.
Deere said sales of farm-
ing equipment fell 25 percent
from a year ago to $5.77 bil-
lion in the second quarter, due
to lower shipment of farm
machines and the effects of
the stronger U.S. dollar. For
the full year, Deere expects
farming equipment sales to
fall 24 percent from the year
before. Meanwhile, sales of
construction and forestry
equipment rose 2 percent to
$1.63 billion and it expects
them to also rise about 2 per-
cent for the year. Deere’s
financing unit, which gives
loans to customers to buy
equipment, also improved,
with revenue rising 14 per-
cent to $653 million.
The company said its sec-
ond-quarter earnings fell 30
percent to $690.5 million,
compared with $981 million
last year, but it was still better
than Wall Street had expect-
ed.
The Moline, Illinois, com-
pany posted net income of
$2.03 per share, which easily
beat the per-share earnings
of $1.57 that analysts were
looking for, according to a
survey by Zacks Investment
Research.
Revenue fell 18 percent
to $8.2 billion in the period,
beating analyst expectations
for revenue of $7.6 billion,
according to Zacks .
Profit for 2015 is now
expected to be around $1.9
billion, the company said, up
slightly from the $1.8 billion
it had projected earlier this
year.
Shares of Deere & Co.
rose $3.49, or 3.9 percent, to
$92.95 in midmorning trad-
ing Friday. Its shares are up
3.7 percent over the past year.
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)
May 23
Market Commentary: Russet table potato prices came under additional pressure during the week
leading up to Memorial Day.
SHIPPING AREA
FWA
Chg
GRI
Chg
70 ct
Chg
10 lb. Film
Chg
IDAHO BURBANKS
$12.44
-$0.06
$5.37
-$0.04
$29
-$1
$4.50
$0
COLUMBIA BASIN
$13.55
-$0.19
$5.90
-$0.12
$25
$0
$6
-$0.50
KLAMATH BASIN
$15.46
-$0.16
$6.88
-$0.11
$29
$0
$7
$0
Sheep/Wool Market Reports
Compiled by USDA Market News Service • Greeley, Colo.-San Angelo,
Texas
Wool prices in cents per pound and foreign
currency per kilogram, sheep prices in dollars per
hundredweight (cwt.) except some replacement
animals on per head basis as indicated.
NATIONAL WOOL REVIEW
(USDA Market News)
Greeley, Colo.
May 22
Domestic wool trading on a clean basis was slow
this week. There were 236,000 lbs. of confirmed
trades. Demand was good. Interest in selling wool
has still been high. Rainstorms have slowed many
of the shearing crews still out in the field and they
are working as hard as they can between storms to
finish shearing. Domestic wool trading on a greasy
basis was slow this week. There were 75,000 lbs.
of confirmed trades. Territory States Ewe Wool:
67mm 19 micron $1.87; 70mm 21 micron $1.74.
Bellies: 24 micron $1.10.
Domestic wool tags
No. 1
$.60-.70
No. 2
$.50-.60
No. 3
$.40-.50
NATIONAL SHEEP SUMMARY
(USDA Market News)
San Angelo, Texas
May 22
Compared to last week: Slaughter lambs were
mostly steady to $20 higher. Slaughter ewes were
steady to $10 lower. Feeder lambs were steady to
$15 higher. At San Angelo, Texas, 4,175 head sold
in a one-day sale. No sales in Equity Electronic
Auction. In direct trading slaughter ewes and feed-
er lambs were not tested. 2,500 head of negotiated
sales of slaughter lambs were steady to $3 higher.
9,200 head of formula sales under 65 lbs. were not
well tested; 65-75 lbs. were sharply lower; 75-85
lbs. were $4-5 lower; 85-95 lbs. were steady to $1
lower and over 95 lbs. were steady to $1 higher.
6,278 lamb carcasses sold with 45 lbs. and down
$2.60 higher; 45-55 lbs. $10.76 higher; 55-65 lbs.
$5.18 lower; 65-75 lbs. $1.02 higher and 75 lbs.
and up $.57-1.75 lower.
SLAUGHTER LAMBS Choice and Prime 2-3:
San Angelo: Shorn and wooled 100-135 lbs.
$122-140.
SLAUGHTER LAMBS Choice and Prime 1:
San Angelo: 40-60 lbs. $220-234, few $238;
60-70 lbs. $202-228; 70-80 lbs. $200-212, few
$218; 80-90 lbs. $180-196, few $200; 90-100 lbs.
$170-184.
DIRECT TRADING (Lambs with 3-4 percent
shrink or equivalent):
2,500 Slaughter Lambs shorn and wooled 129-
166 lbs. $127-164 (wtd avg $150.05); 180-199 lbs.
$125-131 (wtd avg $128.05).
SLAUGHTER EWES:
San Angelo: Good 2-3 (fleshy) $60-70, few $74;
Utility and Good 1-3 (medium flesh) $70-82; Utility
1-2 (thin) $61-72; Cull and Utility 1-2 (very thin)
$54-60; Cull 1 (extremely thin) $46-50.
FEEDER LAMBS Medium and Large 1-2:
San Angelo: new crop 40-60 lbs. $200-210;
60-70 lbs. $184-190; 70-90 lbs. $170-187; 97 lbs.
$175. old crop 70-80 lbs. $160-162; 98 lbs. $152;
110-120 lbs. $125-142.
REPLACEMENT EWES Medium and Large 1-2:
San Angelo: no test.
NATIONAL WEEKLY LAMB CARCASS Choice
and Prime 1-4:
Weight
Wtd. avg.
45 lbs. down
$493.91
45-55 lbs.
$417.16
55-65 lbs.
$342.34
65-75 lbs.
$322.07
75-85 lbs.
$302.22
85 lbs. and up
$284.18
Sheep and lamb slaughter under federal inspec-
tion for the week to date totaled 36,000 compared
with 35,000 last week and 43,000 last year.
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
May 22
Benchmark prices are steady. Asking prices for next week are 46 cents higher for Jumbo and 58 cents
higher on all other sizes. The undertone is higher to sharply higher. Retail demand is light to moderate
with food service movement mostly moderate. Offerings and supplies are light to moderate. Market
activity is moderate to active. Small benchmark price $1.70.
Size
Range
Size
Range
Jumbo
258
Extra large
227
Large
219
Medium
190
SOUTHERN CALIFORNIA
Prices to retailers, sales to volume buyers, USDA Grade AA and Grade AA, white eggs in cartons,
delivered store door.
Size
Range
Size
Range
Jumbo
250-262
Extra large
208-220
Large
204-213
Medium
170-179
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 SLAUGHTER CATTLE
(Federal-State Market News)
Oklahoma City-Des Moines
May 22
Compared to last week: Slaughter cattle trade
remained mostly steady on a live basis but sold
$2-4 lower on a dressed basis. Boxed beef pric-
es struggled late in the week. Heavy rains con-
tinue to fall across much of the feeding country,
leaving one to wonder if feedlot performances
has dropped off due to muddy pens.
Boxed beef prices May 22 averaged $253.93
and is $2.58 lower than May 15. The Choice/
Select spread is $12.63. Slaughter cattle on
a national basis for negotiated cash trades
through May 22 afternoon totaled about 81,740
head. The previous week’s total head count was
64,375 head.
Midwest Direct Markets: Live Basis: Steers
and Heifers 35-80 Percent Choice, 1200-1400
lbs. $159-160 Dressed Basis: Steers and Heif-
ers: 251-253
South Plains Direct Markets: Live Basis:
Steers and Heifers 35-65 percent Choice, 1100-
1400 lbs. $160-161.
Slaughter Cows and Bulls (Average Yielding
Prices): Slaughter cows and bulls sold steady
to $2 higher.
USDA’s Cutter cow carcass cut-out value Fri-
day afternoon was $232.31 up .21 from May 15.
NATIONAL FEEDER AND STOCKER CATTLE
(Federal-State Market News)
St. Joseph, Mo.
May 22
This week
Last week
Last year
204,700
231,900
250,100
Compared to May 15: Yearlings sold fully
steady to $3 higher with instances $5 higher
as advance continues to be on heavy year-
lings over 800 lbs. Demand remains very good
on yearlings as the draw of steady fed cattle
prices on light trade Wednesday in Kansas at
$161 continues to bring additional interest back
to feeder cattle. Steer and heifer calves traded
steady to instances $5 higher where tested
(mostly throughout the Midwest) as a number of
auctions simply do not have enough calves to
test the market. Production areas farther north
and west simply don’t do enough fall calving to
test the market this time of the year, and the old
crop calves are long gone.
In the Southeast steer and heifer calves trad-
ed uneven from steady to $5 lower to $5 higher.
Demand for calves continues to improve with
excellent grazing conditions around the country.
Northern Plains buyers aided higher feeder
prices as last Friday at the Herried, S.D., Live-
stock Market sold over 9000 head with over 400
head of steers weighing between 600-650 lbs.
averaging 627 lbs. sold with a weighted average
price of $270.16 and over 530 head of yearling
steers averaging 881 lbs. sold with an weighted
average price of $217.13. In Valentine, Neb., on
May 21 sold nearly 3000 head with a light test of
500-550 lb. steers averaging 520 lbs. sold with
a weighted average price of $312.64, 131 head
of fancy steers averaging 815 lbs. sold with a
weighted average price of $228.12 and near 200
head of their bigger brothers averaging 924 lbs.
sold with a weighted average price of $216.33.
The next six weeks will be a good test to see
if beef demand will hold up as we start the be-
ginning of the grilling season. One of the key
factors going forward is when retail promotions
disappear how will the overall cutout values hold
up. It will take strong buying clearance and the
need to replenish and own inventory over the
next six weeks to help hold values.
Friday’s Cattle on Feed Report had May 1
inventory at 101 percent; placements at 95
percent and marketings at 92 percent. Inventory
was close to expectations, with placements sig-
nificantly smaller than expected and marketings
close to expectations. Corn and soybean plant-
ing have had one of the nicest planting starts
in several seasons, as corn planting is now 85
percent complete ahead of the 5-year average
of 75 percent. Soybeans are 45 percent planted
ahead of the 5-year average of 36 percent. Auc-
tion volume included 54 percent over 600 lbs.
and 39 percent heifers.
AUCTIONS
This week
Last week
Last year
168,000
147,500
172,200
WASHINGTON 2,000. 50 pct over 600 lbs.
41 pct heifers. Steers: Medium and Large 1-2
400-450 lbs. $295.91; 450-500 lbs. $276.79;
500-550 lbs. $268.47.
DIRECT
This week
Last week
Last year
29,900
54,800
39,900
SOUTHWEST (Arizona-California-Nevada)
1300. No cattle over 600 lbs. No heifers. Hol-
steins: Large 3 300 lbs. $290 September del;
700 lbs. $164 Current del.
B (Washington-Oregon-Idaho) 2500. 71 pct
over 600 lbs. 25 pct heifers. Steers: Medium
and Large 1-2 Current FOB Price 850-900 lbs.
$191-197 Idaho. Future Delivery FOB Price
550-600 lbs. $250-257 for October-December
Idaho-Oregon; 650 lbs. $240 calves for No-
vember-December Idaho; 800-850 lbs. $208
for December-Jan Idaho; Future Delivery Deliv-
ered Price 850-900 lbs. $203-209 for July-Au-
gust Idaho. Heifers: Medium and Large 1-2
Future Delivery FOB Price 550-600 lbs. $232
for November-December Idaho. Future Delivery
Delivered Price 750 lbs. $205 for October-No-
vember Idaho; 800-850 lbs. $198.50-204 for
July-August Idaho.
NORTHWEST DIRECT CATTLE
(USDA Market News)
Moses Lake, Wash.
May 22
This week
Last week
Last year
2,500
1,600
2,600
Compared to May 15: Feeder cattle steady
to $4 higher in a light test. Trade slow on con-
tracting calves for fall delivery as most interests
never even received a bid this week. Demand
light on calves for fall delivery good demand for
yearlings. The World Trade Organization has
ruled against U.S. labels on packaged steaks
and other cuts of meat that say where the an-
imals were born, raised and slaughtered. The
feeder supply included 75 percent steers and 25
percent heifers. Near 71 percent of the supply
weighed over 600 lbs. Prices are FOB weighing
point with a 1-4 percent shrink or equivalent
and with a 5-10 cent slide on calves and a 3-8
cent slide on yearlings. Delivered prices include
freight, commissions and other expenses. Cur-
rent sales are up to 14 days delivery.
Steers: Medium and Large 1-2: Current FOB
Price: 850-900 lbs. $191-197 Idaho. Future De-
livery FOB Price: 550-600 lbs. $250-257 for Oc-
tober-December Idaho-Oregon; 650 lbs. $240
calves for November-December Idaho; 800-850
lbs. $208 for December-Jan Idaho; Future De-
livery Delivered Price: 850-900 lbs. $203-209
for July-Aug Idaho.
Heifers: Medium and Large 1-2: Future Deliv-
ery FOB Price: 550-600 lbs. $232 for Novem-
ber-December Idaho. Future Delivery Delivered
Price: 750 lbs. $205 for October-November
Idaho; 800-850 lbs. $198.50-204 for July-Au-
gust Idaho.