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July 17, 2015 CapitalPress.com 15 Farm Market Report Hay 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 29-52 52.5-54.5 18-20 Fair 150-150 52-55 50.5-52.5 16-18 Utility <150 56+ <50.5 <16 WASHINGTON-OREGON HAY (Columbia Basin) (USDA Market News) Moses Lake, Wash. July 10 This week FOB Last week Last year 4,900 12,275 25,691 Compared to July 5: Premium Alfalfa weak in a light test. Trade slow this week for both domestic and export markets as both have adequate supplies. Dairies report lower milk prices after they re- ceive all the discounts for the raw product. Timothy export hay steady in a light test. Demand light to moderate. Retail/Feedstore steady. Demand remains good. Tons Price Premium 400 $205-210 Alfalfa Large Square Utility/Fair 100 $100 Alfalfa Mid Square Fair/Good 1750 $180 Utility/Fair 1200 $165 Alfalfa Small Square Premium 200 $260 Orchard Grass Small Square Premium 150 $250 Timothy Grass Large Square Premium 1100 $190-205 OREGON AREA HAY (USDA Market News) Portland, Ore. July 10 This week FOB Last week Last year 25,501 912 20,209 Compared to July 2: Prices trended generally steady compared to the same quality last week. Trade activity increased drastically this week; however, many producers were still busy in the field with the new crop. The slightly cooler weather this week compared to last week has been attributed to increased activity. Tons Price CROOK, DESCHUTES, JEFFERSON, WASCO COUNTIES Alfalfa Large Square Good 55 $180 Orchard Grass Small Square Premium 10 $270 Good 75 $250 Grass Small Square Premium 46 $240-250 50 $250 EASTERN OREGON Supreme 280 $200 Alfalfa Large Square Alfalfa/Orchard Mix Small Square Good 80 $175 Timothy Grass Large Square Good 1000 $180 Grass Mid Square Good 200 $175 HARNEY COUNTY: No new sales confirmed. Supreme Prem./Sup. KLAMATH BASIN: No new sales confirmed. Alfalfa Large Square Fair/Good Small Square Supreme Good Utility Alfalfa/Orchard Mix Large Square Fair/Good Small Square Supreme Orchard Grass Small Square Premium Alfalfa Large Square Timothy Grass Small Square Prairie Grass Small Square Premium Premium Oat Large Square Oat Small Square LAKE COUNTY Alfalfa Large Square Utility Utility 700 700 $250 $190 400 500 1500 7 $160 $200 $190 $120 50 55 250 5 686 250 5 100 100 $175 $240 $504 $295 $515-525 $275 $275 $100 $100 Alfalfa/Grass Mix Orchard Grass Timothy Grass Supreme 1559 $252.45 Prem./Sup. 4600 $225 Premium 8667 $215-225 Fair 55 $160 Small Square Prem./Sup. 1000 $250 Premium 600 $220 Triticale Large Square Good 2000 $140-150 IDAHO HAY (USDA Market News) Moses Lake, Wash. July 10 This week FOB Last week Last year 5,760 5,000 26,290 Compared to July 2: Good Alfalfa steady in a light test. Trade slow to moderate. Demand light to moderate, very light demand on low quality supplies. Retail/feed store/horse not tested this week. Tons Price Alfalfa Large Square Supreme 400 $200 100 $200 Premium 110 $160 200 $125 Good 1050 $125-140 900 $160 Fair/Good 2000 $150 1000 $95 CALIFORNIA HAY (USDA Market News) Moses Lake, Wash. July 10 This week FOB Last week Last year 16,952 18,891 29,610 Compared to July 5: All classes traded active on good demand. According to the U.S. Drought Monitor, Idaho, Utah, Washington, Oregon, and California all had their warmest June ever (121 years of data) while Nevada had its second warmest, Wyoming its fourth warmest and Montana its fifth warmest. The water shortage and late rains are making this year hard to get test hay in quantities like years past. REGION 1: Northern Intermountain Includes the counties of Siskiyou, Modoc, Shasta, Lassen and Plumas. Tons 1070 700 Good/Prem. 50 Premium 50 250 Good/Prem. 50 Premium 500 Good/Prem. 200 Premium 625 Premium 550 Premium Alfalfa Price $170-180 $510 $150 $275 $520 $250-260 $555 $505 $270 $250 Brome Grass Forage Mix-Two Way 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 100 $250 Premium 590 $250 Good/Prem. 884 $200-220 150 $175 125 $180 Good 452 $200 Fair/Good 958 $160-165 Fair 250 $240 Alfalfa/Grass Mix Good/Prem. 100 $170 Oat Good 500 $90 REGION 5: Northern San Joaquin Valley Includes the counties of San Joaquin, Calaveras, Stanislaus, Tu- olumne, Mono, Merced and Mariposa. Tons Price Alfalfa Premium 250 $245-255 Good/Prem. 1000 $210-250 450 $240 Good 600 $205 Orchard Grass Premium 25 $500 Corn Good 0 $65 REGION 4: Central San Joaquin Valley Includes the counties of Madera, Fresno, Kings, Tulare and Inyo. Tons Price Alfalfa Premium 500 $295 50 $250 REGION 5: Southern California Includes the counties of Kern, Northeast Los Angeles, and West- ern San Bernardino. Tons Price Alfalfa Premium 500 $200 576 $190-195 Good 450 $150-170 REGION 6: Southeast California Includes the counties of Eastern San Bernardino, Riverside and Imperial. Tons Price Alfalfa Premium 150 $190 Good/Prem. 446 $155 1575 $160-175 Good 1020 $125-150 Klein Grass Premium 196 $160 Sudan Premium 150 $191 Good/Prem. 500 $175 Wheat Straw Good 1200 $60 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 July 10 PACIFIC NORTHWEST MARKET SUMMARY Cash wheat bids for June delivery ended the reporting week on Thursday, July 9, lower compared to July 2 noon bids for July de- livery. July wheat futures ended the reporting week on Thursday, July 9, lower as follows compared to July 2 closes: Chicago wheat futures were 12.50 cents lower at $5.78, Kansas City wheat futures were 12.50 cents lower at $5.7925 and Minneapolis wheat futures trend- ed 5 cents lower at $6.19. Chicago September corn futures trended 0.25 of a cent higher at 4.2875 while July soybean futures closed 7.50 cents lower at $10.5775. Bids for U.S. 1 Soft White Wheat delivered to Portland in unit trains or barges during June for ordinary protein were not available today or last week as most exporters were not issuing bids for near- by delivery. There were no white club wheat premiums for this week or last week. One year ago bids for U.S. 1 Soft White Wheat any protein for July delivery by unit trains and barges to Portland were $6.5125-6.9625, mostly $6.7675 and bids for White Club Wheat were $7.0125- 7.6925, mostly $7.55. Nearby bids for U.S. 1 Soft White wheat ordinary protein were not available this week, as most exporters were not issuing bids for July delivery. Forward month bids for soft white wheat ordinary protein were as follows: August New Crop $6.58-6.78, mostly $6.41; September $6.58-6.78; October and November $6.58-6.76. One year ago, forward month bids for soft white wheat for any pro- tein were as follows: August New Crop $6.6925-6.9625, September $6.6525-7.0125, October and November $6.75-7.05. Bids for U.S. 1 Soft White Wheat guaranteed maximum 10.5 per- cent protein during July were $7.05-7.58, mostly $7.54, 2.50 to 7 cents per bushel lower compared to $7.050-7.45, mostly $7.5050 last week. There were no white club wheat premiums for guaranteed 10.5 percent protein this week or last week. Nearby bids for U.S. 1 Soft White wheat guaranteed maximum 10.5 percent protein began the holiday shortened reporting week on July 6 at mostly $7.2450, then fell to mostly $7.1525 on July 7 and bounced back to mostly $7.2550 on July 8. July 9 bids ended the reporting week higher at mostly $7.54. Bids were influenced by the fluctuating Chicago September soft red winter wheat futures. Forward month bids for soft white wheat guar- anteed 10.5 percent protein were as follows: August New Crop and September $7.05-7.58, October and November $7.01-7.46. Bids for 11.5 percent protein U.S. 1 Hard Red Winter Wheat for July delivery were 12.50 to 22.50 cents per bushel lower compared to July 2 noon bids. The lower Kansas City July wheat futures and a lower basis bid by some exporters weighed on bids during the week. On July 10, bids were as follows: July $6.5425-6.4425, mostly $6.5925; August New Crop $6.5425-6.5925; September $6.5425- 6.6425; October $6.6925-6.7425 and November $6.7125-6.7425. Bids for non-guaranteed 14.0 percent protein U.S. 1 Dark North- ern Spring Wheat for Portland delivery during July were not avail- able as most exporters removed their basis for nearby delivery. On July 9, bids for non-guaranteed 14 percent protein were as follows: July not available; August New Crop $7.09-7.24, mostly $7.19; September $7.19-7.29; October $7.4250-7.5250 and November $7.4750-7.5250. COARSE FEEDING GRAINS Bids for U.S. 2 Yellow Corn delivered full coast Pacific North- west-BN shuttle trains for July delivery were 1.75 to 6.75 cents lower from $5.0675-5.0875 per bushel. Forward month corn bids for August and September $5.0675-5.1075, October $5.19-5.22, No- vember $5.19-5.25 and December were $5.19-5.25. Bids for U.S. 1 Yellow Soybeans delivered full coast Pacific Northwest-BN shut- tle trains for June through September delivery were not available. Forward month soybean bids were as follows: October $10.9575- 11.0175, November $11-11.0575, December $11.07-11.09 and January $11.08-11.10. Bids for U.S. 2 Heavy Wheat Oats for June delivery held steady at $5.8475 per bushel. PACIFIC NORTHWEST EXPORT NEWS There were 11 grain vessels in Columbia River ports on July 9, with four docked compared to nine last Thursday with three docked. There were no confirmed export sales this week from the Commod- ity Credit Corporation of the USDA. CALIFORNIA GRAINS (USDA Market News) Portland July 10 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 NA Stockton-Modesto-Oakdale-Turlock NA Kings-Tulare-Fresno Counties $10 Madera County NA Kern County NA Glenn County NA Colusa County NA Solano County NA CORN - U.S. No. 2 Yellow FOB Stockton-Modesto-Oakdale-Turlock $9.50 FOB Turlock-Tulare $9.62 Rail Single Car Units via BNSF Chino Valley-Los Angeles $10.19-10.25 Truck Petaluma-Santa Rosa NA Stockton-Modesto-Oakdale-Turlock $9.92 Los Angeles-Chino Valley NA Kings-Tulare-Fresno Counties $9.92 SORGHUM - U.S. No. 2 Yellow Rail Los Angeles-Chino Valley via BNSF Single $12.12-12.17 Truck Modesto-Oakdale-Turlock NA OATS - U.S. No. 1 White Truck Los Angeles-Chino Valley NA OATS - U.S. No. 2 White Truck Petaluma $12.50 Stockton-Modesto-Oakdale-Turlock $12.50-12.75 Rail Petaluma NA WHEAT - U.S. No. 2 or better - Hard Red Winter (Domestic Values for Flour Milling) Los Angeles 12 percent Protein NA Los Angeles 13 percent Protein NA Los Angeles 14 percent Protein NA Truck/Rail Los Angeles 11-12 percent Protein Los Angeles 12 percent Protein NA Los Angeles 13 percent Protein NA Los Angeles 14 percent Protein NA WHEAT - U.S. Durum Wheat Truck Imperial County NA Kings-Tulare-Fresno Counties $11.40 WHEAT - Any Class for Feed FOB Tulare NA Truck/Rail Los Angeles-Chino Valley NA Truck Petaluma-Santa Rosa NA Stockton-Modesto-Oakdale-Turlock $9.45 King-Tulare-Fresno Counties NA Merced County NA Kern County NA Prices paid to California farmers, seven-day reporting period ending July 9: WHEAT, U.S. No 1, Hard Amber Durum for Flour Milling Imperial $16.25-18 Spot Del Locally YELLOW CORN, U.S. No 2 or better Glenn $9.05 OC Del Locally Livestock Auctions Cattle prices in dollars per hundredweight (cwt.) except some replacement animals per pair or head as indicated. 750-800 lbs. $180-189; 800-900 lbs. $178-186. Pairs: Various ages and types $2200-2650. Calvy cows: Too few for market test. California Washington SHASTA (Shasta Livestock Auction) Cottonwood, Calif. July 10 Current week Last week 1,162 1,295 Compared to June 19: Slaughter cows and bulls mostly steady. Feeder market overall softer than two weeks ago with volatility in futures and world markets. Few groups a bit higher. Off lots and singles $40-70 lower than top offerings. Slaughter cows: Breakers $104-109, $110- 117 high dress; Boning $100-105; Cutters $85-99. Bulls 1 and 2: $110-157; $158-144 high dress. Feeder steers: 450-500 lbs. $240-268; 500- 550 lbs. $260-265; 550-600 lbs. $250-248; 600-650 lbs. $250-260; 650-700 lbs. $211-246; 700-750 lbs. $208-221; 750-800 lbs. $200-212; 800-900 lbs. $189-207. Feeder heifers: 500-550 lbs. $205-240; 550- 600 lbs. $200-229; 600-650 lbs. $204-219; 650-700 lbs. $185-206; 700-750 lbs. $185-211; TOPPENISH (Toppenish Livestock Auction) (USDA Market News) Moses Lake, Wash. July 10 This week Last week Last year 1,060 1,200 1,700 Compared to July 10 at the same market: Not enough stocker or feeder cattle this week for ac- curate price trends. Trade slow with light demand and light buyer attendance. High temperatures this week in the triple digits restricting the move- ment of livestock in the trade area. Slaughter cows steady to firm. Slaughter bulls $4.50-5.50 higher. Trade active with good demand. Slaugh- ter cows 76 percent, Slaughter bulls 10 percent, and feeders 14 percent of the supply. The feeder supply included 57 percent steers and 45 percent heifers. Near 91 percent of the run weighed over 600 lbs. Feeder Steers: Medium and Large 1-2: 500- 600 lbs. $228; 700-800 lbs. $191; 800-900 lbs. $185-191. Large 1-2: 900-1000 lbs. $184. Small and Medium 2-5: 600-700 lbs. $204. Feeder Holstein Steers: Large 2-5: 1200-1500 lbs. $129. Feeder Bulls: Large 2-5: 900-1000 lbs. $120, Brahman X. Feeder Heifers: Medium and Large 1-2: 400- 500 lbs. $222.50; 600-700 lbs. $200; 700-800 lbs. $185-190. Large 2-5: 800-900 lbs. $159; 1000- 1100 lbs. $149. Slaughter Cows: Boning 80-85 percent lean 1500-2100 lbs. $101-109; Lean 85-90 percent lean 1000-1500 lbs. $105-112; Lean Light 90 percent lean 900- 1200 lbs. $95-99. Slaughter Bulls: Yield Grade 1-2 1500-2500 lbs. $144-154.50. Bred Heifers (Per Head): Medium and Large 1-2: 1050 lbs. $1550 1-5 mos. bred. Bred Cows (Per Head): Medium and Large 1-2: Young (5-4 yrs. old) 1170 lbs. $1675 5-6 mos. bred; Young to Mid-Aged 1200-1500 lbs. $1500- 1575 5-6 mos. bred. Oregon VALE (Producers Livestock Market) July 8 Total receipts: 522 head. Comments: Small test with some pressure on most classes; butcher cow market steady to higher. Steer calves: 400-500 lbs. $245-272; 500-600 lbs. $258-266. Heifer calves: 400-500 lbs. $256-247; 500-600 lbs. $216-254. Yearling steers : 600-700 lbs. $225-254; 700- 800 lbs. $197-219. Yearling heifers: 600-700 lbs. $188-206. Butcher cows: $97-109. Thin shelly cows: $79-89. Younger heiferettes: $119-157. Butcher bulls: $114-154. MADRAS (Central Oregon Livestock Auction) June 29 Total head: 255. Steers: 500-400 lbs. $270-290; 400-500 lbs. $250-270; 500-600 lbs. $240-255; 600-700 lbs. $225-240; 700-800 lbs. $210-225; 800-900 lbs. $190-210. Bulls: High yield. $155-140; mostly $150; thin- ner $125-150. Heifers: 500-400 lbs. $250-275; 400-500 lbs. $255-250; 500-600 lbs. $220-255; 600-700 lbs. $210-220; 700-800 lbs. $190-210. Heiferettes: 850-1000 lbs. $175-190. Cows: Heiferettes $165; Feeder cows $105; high-yield $115; medium-yield $105; low-yield $95. Waste vaporization slated for testing LITTLE ROCK, Ark. (AP) — A company plans to start testing new vaporizing technol- ogy on hog waste produced at the Sandy River Farm in Con- way County this month. President Murry Vance of Plasma Energy Group said that if all goes well during testing, the company expects to begin using the technology in August at C&H Hog Farms to help al- lay concerns by environmental groups about C&H’s presence in the Buffalo River watershed. Agricultural company Car- gill owns the hogs at C&H Hog Farms and the Sandy Riv- er Farm facility and its hogs, the Arkansas Democrat-Ga- zette reports. Vance said last fall that his company would start testing the technology earlier this year, but said that Cargill had wanted to make sure “everything is perfect” before the technology can be used at C&H Hog Farms. A Cargill spokesman said that the company hasn’t heard from Plasma Energy Group in around a month, but Vance maintains that the testing “will happen in July,” though he doesn’t know the exact date. The Department of Envi- ronmental Quality had warned Plasma Energy Group in Octo- ber that testing the technology could result in enforcement action if the technology result- ed in gas discharges that would require an air permit. Vance has said that his com- pany has tested cow manure and other waste without any is- sues and that the size of the ma- chine that would be used would produce fewer emissions than a commercial lawn mower. He has been using the va- porizing technology, called plasma arc pyrolysis, since r992. It typically involves the conversion of material into synthetic gas. But in the case of C&H, Vance said that the waste won’t be turned into synthetic gas because the quantity of ma- terial won’t be large enough. The method proposed for the C&H farm would break down the hog waste and va- porize it using an electron dis- charge and some heat, then condense the water vapor into “semi-pure” water that’s put back into the plant. Potato Market Reports 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) July 11 Market commentary: Northwest Russet prices continued to drift lower in late-season trading. Supplies are starting to clean up in some growing areas. Shipping Area FWA Chg IDAHO BURBANKS $11.96 -$0.06 COLUMBIA BASIN $12.57 -$0.48 GRI Chg 70 ct Chg 10 lb. Film Chg $5.08 -$0.05 $28.50 $0 $4.50 $0 $5.29 -$0.50 $25 -$1 $6 $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. July 10 Domestic wool trading on a clean basis was at a standstill. There were no confirmed trades this week. Many are now starting to collect small pools that will trade later this fall as warehouses restock. After the big rallies in May and early June the market is now falling as demand is not as high as it was during that time. Domestic wool trading on a greasy basis was at a standstill. There were no confirmed trades this week. Domestic wool tags No. 1 $.60-.70 No. 2 $.50-.60 No. 5 $.40-.50 NATIONAL SHEEP SUMMARY (USDA Market News) San Angelo, Texas July 10 Compared to July 2: Slaughter lambs were steady to as much as $20 lower. Slaughter ewes were mostly steady, instances $10 higher. Feeder lambs were firm. At San Angelo, Texas, 5,615 head sold in a two-day sale caused by rain delay. No sales in Equity Electronic Auction. In di- rect trading slaughter ewes were not tested; feed- er lambs were firm to $3 higher. 3,600 head of negotiated sales of slaughter lambs were steady to $1 lower. 10,100 head of formula sales under 55 lbs. were not well tested; 55-65 lbs. were weak; 65-75 lbs. were $5-4 higher; 75-85 lbs. steady to $1 higher; 85-95 lbs. $6-10 high- er and over 95 lbs. were $5-12 lower. 6,515 carcasses sold with 45 lbs. and down $17.92 lower; 45-55 lbs. $15.75 lower; 55-65 lbs. $6.24 lower and 65 lbs. and up $.70-1.10 lower. SLAUGHTER LAMBS Choice and Prime 2-5: San Angelo: Shorn and wooled 105-140 lbs. $140-156. SLAUGHTER LAMBS Choice and Prime 1: San Angelo: 40-60 lbs. $220-258, few $242; 60-70 lbs. $190-208, few $216-250; 70-80 lbs. $180-194, few $204-206; 80-90 lbs. $165-178, few $180-188; 90-110 lbs. $165-190. DIRECT TRADING (Lambs with 5-4 percent shrink or equivalent): California: 1,500 Feeder Lambs 90-100 lbs. $160; 100-110 lbs. $155. SLAUGHTER EWES: San Angelo: Good 2-5 (fleshy) $60-67; Utility and Good 1-5 (medium flesh) $68-80; Utility 1-2 (thin) $65-66; Cull and Utility 1-2 (very thin) $50-59; Cull 1 (extremely thin) $58-50. FEEDER LAMBS Medium and Large 1-2: San Angelo: 45-60 lbs. $194-208; 60-70 lbs. $186-206; 70-90 lbs. $180-198; 90-95 lbs. $182. REPLACEMENT EWES Medium and Large 1-2: San Angelo: yearling hair ewes 109 lbs. $128 cwt. NATIONAL WEEKLY LAMB CARCASS Choice and Prime 1-4: Weight Wtd. avg. 45 lbs. down $474.55 45-55 lbs. $592.88 55-65 lbs. $558.85 65-75 lbs. $520.99 75-85 lbs. $505.91 85 lbs. and up $285.29 Sheep and lamb slaughter under federal in- spection for the week to date totaled 586,000 compared with 545,000 last week and 421,000 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 A 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 July 10 Benchmark prices are steady. Asking prices for next week are unchanged on all sizes. The undertone is steady to mostly higher. Retail demand is mostly moderate to instances fairly good. Offerings and supplies are light to moderate. Market activity is moderate. Small benchmark price $2.54. Size Range Size Range Jumbo 299 Extra large 287 Large 278 Medium 254 SOUTHERN CALIFORNIA Prices to retailers, sales to volume buyers, USDA Grade A and Grade AA, white eggs in cartons, delivered store door. Size Range Size Range Jumbo 291-505 Extra large 268-280 Large 265-272 Medium 254-245 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. July 10 This week Last week Last year 205,900 127,900 525,800 Compared to July 5: A light test of feeder cattle did not quite produce the “oohs” and “ahs” heard immediately after the Fourth of July fireworks with yearling feeders trading mostly steady to instances $5 lower. Calves were lightly tested throughout the Midwest and Southern Plains with prices not well tested but trading mostly with a steady undertone. In the Southeast, several markets were trad- ing unevenly steady to instances $5-10 lower on calves. There has been significant volatility throughout the markets over last week and this week. Cattle futures have mixed underlying fundamen- tals and traded with sharp triple-digit losses on July 8 as feeder cattle contracts traded over $5 lower. Somebody must have forgotten to tell the auction market in Bassett, Neb., on Wednesday’s Barbe- cue special with 5500 head on offer; as over 400 head of 900-950 lb. steers averaging 955 lbs. sold with a weighted average price of $225.55 and over 1100 head of top quality yearling steers ranging between 950-1000 lbs. averaged 960 lbs. and sold with a weighted average price of $218.15. The pric- es on these top quality steers weighing from 875- 975 lbs. sold $2-4 higher than last year’s special. Cash feeder markets remain very strong es- pecially on heavy yearlings over 800 lbs.; as on July 9 in Valentine, Neb., sold over 5000 yearlings with over 250 head averaging 895 lbs. sold for a weighted average price of $226.47 and over 700 head of their bigger brothers weighing 1000-1050 lbs. averaging 1015 lbs. dropped the gavel for a weighted average price of $205.97. Market pressure came from sharp losses on the stock market on July 8 after a tumble in the Chi- nese markets that spilled over into other financial markets as U.S. stocks have seesawed in recent days with financial issues in China and Greece. Then on July 9 stocks rallied on the Dow, Chi- nese and European markets, making little sense of the sell-off the day before and in most cases meaningless to the cattle complex. But losses continued in the futures even when light dressed trade developed in Nebraska ranging from $259- 242 steady with last week. We are starting to see an increase in volatility in the markets, which is a pretty good sign that they want to move from their current levels, especially in the grains. Grains are looking to move higher as excessive amounts of moisture through the Midwest and eastern Cornbelt have in some areas seen crop conditions deteriorate over the last sev- eral weeks. USDA released its WASDE Report on July 10 with USDA lowering old-crop corn stocks by 97 mb to 1.78 bb and soybean stocks lowered by 172 mb to 255 mb. USDA left corn yields unchanged at 166.8 bpa and soybeans at 46 bpa; new crop corn production came in at 15.55 bb slightly higher than pre-report estimates and ending stocks at 1.6 bb within range of pre-report estimates. The cattle complex seems to want to move lower and keeps testing some overhead resistance, but last week packers scrambled to secure inventory, paying higher prices and building on that support seen last week to buy fed cattle this week mostly steady on live prices ranging mostly from $150- 152. On the other hand, Boxed-Beef prices returned from the Holiday weekend with a bad hangover with prices in full retreat with Choice product los- ing near $16 in the last eight trading sessions with Choice closing at $256.98, down $2.74 on July 10. Auction volume included 47 percent over 600 lbs. and 57 percent heifers. AUCTIONS This week Last week Last year 98,000 67,000 190,700 WASHINGTON 1,100. 91 pct over 600 lbs. 45 pct heifers. Steers: Medium and Large 1-2 850-900 lbs. $186.79. Heifers: Medium and Large 1-2 750- 800 lbs. $187.08. This week Last week Last year 48,800 28,600 86,200 SOUTHWEST (Arizona-California-Nevada) 1,100. 15 pct over 600 lbs. No heifers. Steers: Me- dium and Large 1-2 875 lbs. $208.50 Current Del. Holsteins: Large 5 275 lbs. $525 November Del. NORTHWEST (Washington-Oregon-Idaho) 4,500. 100 pct over 600 lbs. 22 pct heifers. Steers: Medium and Large 1-2 Current FOB Price 850-900 lbs. $201-209 Washington-Oregon-Idaho; 850-900 lbs. $211 value added Oregon; 900-950 lbs. $205- 209 Washington-Oregon-Idaho. Current Delivery Delivered Price 850-900 lbs. $202-211 Idaho. Future Delivery FOB Price 600-700 lbs. $224-255 Washington; 650 lbs. $250 value added Washing- ton. Heifers: Medium and Large 1-2 Current FOB Price 800-900 lbs. $200-204 Washington-Ore- gon-Idaho; 850 lbs. $187 fleshy Washington. Cur- rent Delivery Delivered Price 900 lbs. $200 Idaho. NORTHWEST DIRECT CATTLE (USDA Market News) Moses Lake, Wash. July 10 This week Last week Last year 4,450 850 7,950 Compared to July 5: Feeder cattle steady. Trade slow to moderate with light demand from local feed- lots and moderate to good demand from eastern interests. On Wednesday of this week, cattle futures settled sharply lower pressured by long liquidation, beef demand worries and outside markets. The feed- er supply included 78 percent steers and 22 percent heifers. Near 100 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 5-8 cent slide on yearlings. De- livered prices include freight, commissions and other expenses. Current sales are up to 14 days delivery. Steers: Medium and Large 1-2: Current FOB Price: 850-900 lbs. $201-209 Washington-Ore- gon-Idaho; 850-900 lbs. $211 value added Oregon; 900-950 lbs. $205-209 Washington-Oregon-Idaho. Current Delivery Delivered Price: 850-900 lbs. $202- 211 Idaho. Future Delivery FOB Price: 600-700 lbs. $224-255 Washington; 650 lbs. $250 value added Washington. Heifers: Medium and Large 1-2: Current FOB Price: 800-900 lbs. $200-204 Washington-Ore- gon-Idaho; 850 lbs. $187 fleshy Washington. Current Delivery Delivered Price: 900 lbs. $200 Idaho. NATIONAL SLAUGHTER CATTLE (Federal-State Market News) Oklahoma City-Des Moines July 10 Compared to last week: Early live sales in Nebras- ka are steady to $2 lower. Early dressed sales in Nebraska are steady to $2 higher. Boxed beef prices July 10 averaged $255.49 and is $15.86 lower than July 2. The Choice/Select spread is $5. Slaughter cattle on a national basis for negotiated cash trades through July 10 totaled about 29,402 head. The pre- vious week’s total head count was 101,106 head. Midwest Direct Markets: Live Basis: Steers and Heifers 55-80 Percent Choice, 1200-1400 lbs. $151; Dressed Basis: Steers and Heifers $240-242. South Plains Direct Markets: Live Basis: Steers and Heifers 55-65 percent Choice, 1100-1400 lbs. $150. Slaughter Cows and Bulls (Average Yielding Pric- es): Slaughter cows and bulls mostly steady to $2 lower. USDA’s Cutter cow carcass cut-out value July 10 was $228.02, down $1.55 from July 2.