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Newspaper Page Text16 CapitalPress.com August 7, 2015 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 29-32 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. July 31 This week FOB Last week Last year 10,220 8,585 19,525 Compared to July 24: Good export alfalfa steady in a light test. Trade slow this week for both domestic and export mar- kets as both have adequate supplies and end users are trying to lower their prices. Timothy not tested this week. Demand light to moderate. Retail/Feedstore steady. Demand remains good. Tons Price Good 2600 $160-180 Alfalfa Large Square 2000 $165-175 300 $140 Utility/Fair 2500 $155 Alfalfa Small Square Premium 70 $260-265 Oat Large Square Good 450 $ 120 Wheat Straw Large Square Good 2300 $60-65 OREGON AREA HAY (USDA Market News) Portland, Ore. July 31 This week FOB Last week Last year 10,059 8,331 4,311 Compared to July 24: Prices trended generally steady compared to the same quality last week. Trade activity increased slightly this week; however, many producers are still busy in the field with the second cutting. Many producers have decided to hold on to their hay for now. Tons Price CROOK, DESCHUTES, JEFFERSON, WASCO COUNTIES Alfalfa Small Square Supreme 66 $240-255 Premium 30 $220 Orchard Grass Small Square Premium 66 $ 250 Good 8 $190 Grass Mix-Five Way Small Square Premium 50 $290 EASTERN OREGON Alfalfa Large Square Timothy Grass Large Square KLAMATH BASIN Alfalfa Large Square Supreme Good Fair/Good Premium 250 300 240 250 $210 $185 $150 $210 Premium Fair Good Premium $ 200 $120 $180 $240 $ 230 $100 Oat Small Square HARNEY COUNTY Alfalfa Large Square LAKE COUNTY Alfalfa Large Square Good 200 250 400 250 75 150 Premium 7000 $250 Premium Good Small Square Supreme 34 66 150 30 45 30 9 30 $220 $210 $190 $250 $ 260 $220 $ 200 $ 200 Small Square Orchard Grass Small Square Premium Good Alfalfa/Bluegrass Mix Small Square Good/Prem. 50 $225 Rye Grass Small Square Good 25 $145 Triticale Small Square Premium 5 $175 IDAHO HAY (USDA Market News) Moses Lake, Wash. July 31 This week FOB Last week Last year 36,250 2,800 13,495 Compared to July 24: Premium Alfalfa steady. Trade active this week. Demand good for organic hay light on commodity supplies. Retail/feed store/horse not tested this week. Tons Price Alfalfa Large Square Prem./Sup. 12,500 $260 Good/Prem. 1500 $150 Fair/Good 12,500 $180 1500 $150 Wheat Straw Large Square Fair/Good 8250 $50 CALIFORNIA HAY (USDA Market News) Moses Lake, Wash. July 31 This week FOB Last week Last year 11,703 6,297 24,170 Compared to July 24: All classes traded slow on moderate de- mand. According to the U.S. Drought Monitor, frontal rains and leftover moisture from Hurricane Dolores brought above-normal precipitation to parts of California, Nevada, Montana, and the Pacific Northwest this week. The Intermountain region has second cutting on the ground with chances of rain. Prices on dry cow hay continue to drop week to week while test hay is getting harder to find. REGION 1: North Intermountain Includes the counties of Siskiyou, Modoc, Shasta, Lassen, and Plumas. Tons Price Alfalfa Good/Prem. 125 $120 50 $ 170 Good 400 $ 245 75 $160 Alfalfa/Orchard Mix Premium 15 $200 Orchard Grass Premium 90 $290-300 Good/Prem. 25 $260 Timothy Grass Premium 575 $320 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 120 $220 Prem./Sup. 430 $230 Good/Prem. 25 $ 190 Alfalfa/Orchard Mix Premium 75 $260 REGION 3: Northern San Joaquin Valley Includes the counties of San Joaquin, Calaveras, Stanislaus, Tu- olumne, Mono, Merced and Mariposa. Tons Price Alfalfa Supreme 50 $ 280 Good 1000 $ 155 Fair/Good 1500 $140 200 180 Wheat Good 1500 $ 75 Forage Mix-Two Way Fair 300 $ 80 Wheat Straw Good 225 $80 REGION 4: Central San Joaquin Valley Includes the counties of Madera, Fresno, Kings, Tulare, and Inyo. Tons Price Alfalfa Good/Prem. 50 $170 Good 100 $160 Corn Good 0 $60 REGION 5: Southern California Includes the counties of Kern, Northeast Los Angeles, and West- ern San Bernardino. Tons Price Alfalfa Good/Prem. 250 $ 270 Orchard Grass Premium 225 $ 320 Forage Mix-Three Way Good 63 $260 REGION 6: Southeast California Tons Price Alfalfa Good/Prem. 2600 $165 Good 550 $150-160 750 $190 Sudan Premium 125 $165 Good/Prem. 210 $130 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. CALIFORNIA GRAINS (USDA Market News) Portland July 30 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 Tulane County NA Truck Petaluma-Santa Rosa NA Stockton-Modesto-Oakdale-Turlock NA Kings-Tulare-Fresno Counties NA Madera County NA Solano County NA CORN-U.S. No. 2 Yellow FOB Turlock/Tulane $8.63 Rail Single Car Units via BNSF Chino Valley-Los Angeles $9.18 Truck Petaluma-Santa Rosa NA Stockton-Modesto-Oakdale-Turlock $8.93 Los Angeles-Chino Valley NA Kings-Tulare-Fresno Counties $9.47 SORGHUM-U.S. No. 2 Yellow Los Angeles-Chino Valley Rail via BNSF Single $11.18 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 NA Rail Petaluma NA WHEAT-U.S. No. 2 or better-Hard Red Winter (Domestic Values for Flour Milling) Los Angeles 12 percent Protein $11.82 Los Angeles 13 percent Protein $12.02 Los Angeles 14 percent Protein $12.22 Truck/Rail Los Angeles 11-12 percent Protein Los Angeles 13 percent Protein $10.85 Los Angeles 14 percent Protein NA WHEAT-U.S. Durum Wheat Truck Imperial County NA WHEAT-Any Class for Feed FOB Tulane NA Truck/Rail Los Angeles-Chino Valley $10.68 Truck Petaluma-Santa Rosa $10.75 Kern County NA Prices paid to California farmers, seven-day reporting period ending July 30: BARLEY, U.S. No 2, 48 lbs per bushel Solano $9.35 Spot FOB Ranch YELLOW CORN, U.S. No 2 or better Glenn $8.50 Spot Del Locally PORTLAND GRAIN (USDA Market News) Portland July 29 PACIFIC NORTHWEST MARKET SUMMARY Cash wheat bids for July delivery ended the reporting week on Thursday, July 30, moderately lower compared to July 23 noon bids for July delivery. September wheat futures ended the reporting week on Thursday, July 30, lower as follows compared to July 23 closes: Chicago wheat futures were 25 cents lower at $4.9650, Kansas City wheat futures were 26 cents lower at $4.91 and Minneapolis wheat futures trended 26 cents lower at $5.2675. Chicago September corn futures trended 30 cents lower at $3.7325 while August soybean futures closed 19.75 cents lower at $9.9025. Bids for U.S. 1 Soft White Wheat delivered to Portland in unit trains or barges during July for ordinary protein were not avail- able today or last week as most exporters were not issuing bids for nearby delivery. There were no white club wheat premiums for the current or previous 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 $6.2725- 6.9525, mostly $6.7625 and bids for White Club Wheat were $6.7725-7.8725, mostly $7.4425. 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 and September $5.3650-5.5150 and October and November $5.4425-5.5425. One year ago, forward month bids for soft white wheat for any protein were as follows: Au- gust New Crop $6.7725-6.95, September $6.7725-6.98, October $6.7950-7.01 and November $6.8450-7.04. Bids for U.S. 1 Soft White Wheat guaranteed maximum 10.5 percent protein during July were $6.2150-6.33, mostly $6.2150, 23.50 to 25 cents per bushel lower compared to $6.4650-6.5650, mostly $6.5150 the previous week. There were no white club wheat premiums for guaranteed 10.5 percent protein the current or previous week. Nearby bids for U.S. 1 Soft White wheat guaranteed maximum 10.5 percent protein began the reporting week on July 24 at mostly $6.4475, and then dropped to mostly $6.3450 on July 27, moving slightly higher to mostly $6.3575 on July 28, before dropping even lower to mostly $6.2125 on July 29. July 30, bids ended the reporting week fractionally higher at mostly $6.2150. Bids were influenced by the fluctuation Chicago September wheat futures during the week. Forward month bids for soft white wheat guaranteed 10.5 percent proteins were as follows: August New Crop and September $6.2650-6.38, Octo- ber $6.2925-6.4425, and November $6.2925-6.4625. Bids for 11.5 percent protein U.S. 1 Hard Red Winter Wheat for July delivery were 16 to 26 cents per bushel lower compared to July 23 noon bids. The lower Kansas City July wheat futures weighed on bids during the week. On July 30, bids were as fol- lows: July 5.46-5.66, mostly 5.54; August New Crop 5.51-5.76; September 5.56-5.81; October 5.8075-5.8575 and November 8.8075-5.8875. Bids for non-guaranteed 14.0 percent protein U.S. 1 Dark Northern Spring Wheat for Portland delivery during July had 27 to 36 cents lower than July 23 noon bids. Some exporters were not issuing bids for nearby delivery. On July 30, bids for non-guaranteed 14 percent protein were as follows: July $6.0675-6.1675, mostly $6.1175; August New Crop $6.0675- 6.2675; September $6.1175-6.2675; October; $6.3375-6.5375; and November $6.4375-6.5875. COARSE FEEDING GRAINS Bids for U.S. 2 Yellow Corn delivered full coast Pacific North- west - BN shuttle trains for July delivery were 24 to 28 cents lower from $4.5125-4.5325 per bushel. Forward month corn bids were as follows: August $4.5425-4.5825, September $4.5725- 4.6025, October $4.5875-4.6475, November $4.6375-4.6475 and December $4.6475-4.6875. Bids for U.S. 1 Yellow Soybeans delivered full coast Pacific Northwest - BN shuttle trains for July delivery were not available. Forward month soybean bids were as follows: September $10.32-10.33, October $10.35-10.37, November $10.40-10.43, December $10.4525-10.4625 and Jan- uary $10.4625-10.4725. Bids for U.S. 2 Heavy Wheat Oats for July delivery held steady at $3.8475 per bushel. OUTSTANDING EXPORT SALES Outstanding U.S. white wheat export sales as of July 23, 2015, for the marketing year beginning June 1, 2015, and ending May 31, 2016, in 1000 MT, totaled 957.3 thousand MT compared to 974.2 thousand MT one week ago, and 1,022.1 thousand MT one year ago. Outstanding white wheat export sales for the 2015-2016 mar- keting year were to the following countries in 1000 MT: Japan 141.0, Philippines 131.0, South Korea 119.5, Nigeria 60.5, Sri Lanka 60.0, Thailand 46.2, Guatemala 41.5, Taiwan 34.9, Indo- nesia 30.0, El Salvador 10.9, Canada 1.9, Vietnam 1.3, Hong Kong 1.1, Malaysia 1.0, and total unknown 276.5. Accumulated white wheat export shipments as of July 23, 2015, in 1000 MT for the 2015-16 marketing year, totaled 322.9 compared to 546.2 one year ago. Outstanding U.S. barley export sales as of July 23, 2015, for the marketing year beginning June 1, 2015 and ending May 31, 2016, in 1000 MT, totaled 5.9 compared to 5.8 last week and 8.8 one year ago. Outstanding barley export sales for the 2015- 16 marketing year in 1000 MT were to the following countries in 1000 MT: Japan 3.5, South Korea 1.6 and Taiwan 0.8. Accu- mulated barley export shipments as of July 23, 2015 were 3.0 thousand MT compared to 16.1 one year ago. PACIFIC NORTHWEST EXPORT NEWS Pacific Northwest Export News: There were five grain vessels in Columbia River ports on Thursday, July 23, with four docked compared to 7 last Thursday with four docked. There were no confirmed export sales this week from the Commodity Credit Corporation of the USDA. Tyson hit hard in 3Q by high costs, export issues NEW YORK (AP) — Ty- son Foods’ third-quarter-profit leaped 32 percent, but that was still short of expectations and the company cut its outlook with high cattle costs expected to continue to weigh on revenue growth. “Unless beef market condi- tions improve rapidly, we will not achieve our previous guid- ance,” CEO Donnie Smith said Monday. Tyson is also being ham- mered on exports with bans in some countries following a U.S. outbreak avian influenza, as well as a strong dollar. Company shares slid 9 per- cent in early trading. Net income for the quarter reached $343 million, or 83 cents per share. Earnings, ad- justed for non-recurring gains, came to 80 cents per share. That was 15 cents shy of what industry analysts had ex- pected, according to a poll by Zacks Investment Research. Revenue rose 4 percent to $10.07 billion and sales vol- ume for the prepared foods unit climbed, thanks in part to the acquisition of Hillshire Brands last August. But, the beef business over- shadowed those numbers. Smith said beef “under-de- livered our expectations by $84 million,” in a conference call Monday. There was also an excess of beef on the mar- ket, forcing sales at lower pric- es, and a labor dispute at West Coast ports also disrupted business, Smith said. The Springdale, Ark., com- pany warned that the condi- tions would make it difficult to meet prior full-year guidance of $3.30 to $3.40 per share. The company cut its outlook to between $3.10 and $3.20 per share. Shares of Tyson Foods Inc., which have risen 11 percent since the beginning of the year, fell $3.60 to $40.75. 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) Aug. 1 Market Commentary: Northwest Russet table potato prices remain under pressure as the Columbia Basin gears up new-crop shipments. SHIPPING AREA FWA Chg GRI Chg 70 ct Chg 10# Film Chg IDAHO BURBANKS $10.30 -$0.26 $4.09 -$0.16 $22 -$2 $4.50 $0 COLUMBIA BASIN $14.18 -$1.30 $6.40 -$0.81 $24 -$2 $7.50 -$0.50 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 31 Domestic wool trading on a clean basis was at a standstill this week. There were no confirmed trades. Most are at a point where they are just collecting pools that were sheared late to store until the fall as warehouses restock and deliver previously sold contract wool from earlier in the year. The economic landscape in China is a cur- rent topic at hand as they import a lot of domestic wool. Most remain optimistic that the situation there will change as well as the possibility of European markets having a greater demand later this fall. Domestic wool trading on a greasy ba- sis was at a standstill. There were no confirmed trades this week. All trades reported on a weight- ed average. Domestic wool tags No. 1 $.60-.70 No. 2 $.50-.60 No. 3 $.40-.50 NATIONAL SHEEP SUMMARY (USDA Market News) San Angelo, Texas July 31 Compared to last week: Slaughter lambs were very uneven, steady to $20 higher at San Angelo, Texas; Ft. Collins, Colo., and Kalona, Iowa, and steady to $20 lower at New Holland, Pa., and Sioux Falls, S.D. Slaughter ewes were steady to $10 higher, except at New Holland steady to $10 lower. Feeder lambs were steady to $15 lower, except at Ft. Collins steady to $10 higher. At San Angelo, Texas, 4,096 head sold in a one-day sale. No sales in Equity Electronic Auc- tion. In direct trading slaughter ewes were not tested; feeder lambs were $8 lower. 3,500 head of negotiated sales of slaughter lambs were steady to $2 higher. 7,600 head of formula sales under 65 lbs. were not well tested; 65-75 lbs. were $6-7 lower; 75-85 lbs. were $8-10 higher; 85-95 lbs. were $1-2 higher and over 95 lbs. were $6-7 lower. 5,243 carcasses sold with 45 lbs. and down $4.03 higher; 45-65 lbs. $2.24- 3.19 lower; 65-75 lbs. $5.69 higher; 75-85 lbs. $10.32 higher and 85 lbs. and up $6.56 higher. SLAUGHTER LAMBS Choice and Prime 2-3: San Angelo: shorn and wooled 100-140 lbs. $120-140. SLAUGHTER LAMBS Choice and Prime 1: San Angelo: 40-60 lbs. $210-230; 60-70 lbs. $190-210; 70-80 lbs. $168-175, few 186-192; 80-90 lbs. $160- 172; 90-110 lbs. $150-168. SLAUGHTER EWES: San Angelo: Good 2-3 (fleshy) $62-68; Utility and Good 1-3 (medium flesh) $76-84; Utility 1-2 (thin) $58- 66.50; Cull and Utility 1-2 (very thin) $50-60; Cull 1 (extremely thin) $42-50. FEEDER LAMBS Medium and Large 1-2: San Angelo: 53 lbs. $187; 60-80 lbs. $180- 184, set of reputation $192; 80-95 lbs. $175- 180. REPLACEMENT EWES Medium and Large 1-2: San Angelo: hair ewe lambs 60-80 lbs. $240- 282 cwt; 93 lbs. $185 cwt. NATIONAL WEEKLY LAMB CARCASS Choice and Prime 1-4: Weight Wtd. avg. 45 lbs. Down $488.29 45-55 lbs. $397 55-65 lbs. $340.74 65-75 lbs. $328.07 75-85 lbs. $315.57 85 lbs. and up $292.96 Sheep and lamb slaughter under federal in- spection for the week to date totaled 36,000 com- pared with 36,000 last week and 41,000 last year. 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. July 24 Current week Last week 408 767 Compared to July 17: Slaughter cows $2-4 lower. Most feeders offered over 700 lbs. Market mostly steady with top yearlings slightly higher. Off lots and singles $40-80 below top offerings. Slaughter cows: Breakers $100-104, $105-110 high dress; Boning $80-94. Bulls 1 and 2: $110-137; $138-148 high dress. Feeder steers: 550-600 lbs. $210-237.50; 600-650 lbs. $215-233; 650-700 lbs. $200-216; 700-750 lbs. $200-215; 750-800 lbs. $200-209; 800-900 lbs. $180-197. Feeder heifers: 550-600 lbs. $200-218; 600- 650 lbs. $192-210; 700-750 lbs. $185-209; 750- 800 lbs. $182-186; 800-900 lbs. $163-165.50. Pairs: Too few for market test. Calvy cows: No market test. Washington TOPPENISH (Toppenish Livestock Auction) (USDA Market News) Moses Lake, Wash. July 31 This week Last week Last year 1,520 1,600 1,530 Compared to July 24 at the same market: Stocker steers less than 800 lbs. steady to $6 higher. Stocker heifers and feeder cattle more than 800 lbs. weak to $6 lower. Trade active with good demand. Slaughter cows steady to $3 higher. Slaughter bulls $2-3 lower. Trade active with good demand. Slaughter cows 51 percent, Slaughter bulls 10 percent, and feeders 39 per- cent of the supply. The feeder supply included 62 percent steers and 38 percent heifers. Near 87 percent of the run weighed over 600 lbs. Replacement Cows: Pre-tested for pregnancy, and age. Feeder Steers: Medium and Large 1-2: 400- 500 lbs. $240; 500-600 lbs. $225-235; 600-700 lbs. $208-212.50; 700-800 lbs. $203-210; 700- 800 lbs. $95-199, Full; 800-900 lbs. $189.75- 192. Medium and Large 2-3: 700-800 lbs. $181- 183.50. Large 1-2: 900-1000 lbs. $175-181. Small and Medium 2-3: 500-600 lbs. $127.50, Brahman X. Feeder Heifers: Medium and Large 1-2: 400-500 lbs. $237.50; 500-600 lbs. $215-225; 600-700 lbs. $195-205.50; 700-800 lbs. $187-189.50; 800-900 lbs. $181. Medium and Large 2-3: 600-700 lbs. $173-183; 700-800 lbs. $176. Large 1-2: 900-1000 lbs. $160. Large 2-3: 900-1000 lbs. $145. Slaughter Cows: Boning 80-85 percent lean 1300-2000 lbs. $94-99; Lean 85-90 percent lean 1100-1800 lbs. $95-100; Lean Light 90 percent lean 900-1300 lbs. $83-89. Slaughter Bulls: Yield Grade 1-2 950-2300 lbs. $132-140. Bred Heifers (Per Head): Medium and Large 1-2: 1016 lbs. $1885 1-3 mos. bred. Bred Cows (Per Head): Medium and Large 1-2: Young (3-4 yrs. old) 1100-1500 lbs. $1950-2200. California Egg Reports Compiled by USDA Market News Service • Des Moines MADRAS (Central Oregon Livestock Auction) July 27 Baby calves: NA. Steers: 300-400 lbs. $250-270; 400-500 lbs. $240-260; 500-600 lbs. $230-250; 600-700 lbs. $210-230; 700-800 lbs. $185-210; 800-900 lbs. $175-185. Bulls: High yield. $132-137; mostly $130; thin- ner $125-130. Heifers: 300-400 lbs. $240-250; 400-500 lbs. $225-240; 500-600 lbs. $210-225; 600-700 lbs. $185-210; 700-800 lbs. $175-185. Heiferettes: 850-1000 lbs. $160-175. Cows: Heiferettes $140; Feeder cows $105; high-yield $110; medium-yield $100; low-yield $90. 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 July 31 Benchmark prices are steady. Asking prices for next week are unchanged on all sizes. The undertone is steady. Retail demand is in a full range of light to fairly good, mostly light to moderate. Food service movement is fairly good to good. Offerings are light. Supplies are light to moderate. Market activity is moderate to active. Small benchmark price $2.97. Size Range Size Range Jumbo 364 Extra large 377 Large 361 Medium 317 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 316-328 Extra large 303-315 Large 293-302 Medium 255-264 and even irritable from grains, precious metals, energy markets and the stock market all rocking back on their heels and struggling with selling interest in the market place at this time. Corn crop is now rated 70 percent good to ex- cellent up 1 percent from last week, with 78 per- cent in the silking stage. Corn prices have moved lower. Auction volume included 50 percent weighing over 600 lbs. and 37 percent heifers. AUCTIONS This week Last week Last year 106,100 93,700 134,900 WASHINGTON 1,800. 87 pct over 600 lbs. 36 pct heifers. Steers: Medium and Large 1-2 650- 700 lbs. $211.32; 700-750 lbs. $210.76; 750-800 lbs. $205.63; 800-850 lbs. $191.22; Lot 865 lbs. $189.75. Heifers: Medium and Large 1-2 650- 700 lbs. $200.91; 750-800 lbs. $187.34; Lot 810 lbs. $181. DIRECT This week Last week Last year 36,900 29,000 38,000 SOUTHWEST (Arizona-California-Nevada) There were no direct sales reported. Northwest (Washington-Oregon-Idaho) 7500. 81 pct over 600 lbs. 27 pct heifers. Steers: Me- dium and Large 1-2 Current FOB Price 850-900 lbs. $195-196 Washington. Current Delivered Price: 800-900 lbs. $209-211 Idaho. Future Delivery FOB Price 500-550 lbs. $258 value added for October-November Oregon; 550-600 lbs. $232-246 for October-November Washing- ton-Oregon-Idaho; 600-650 lbs. $227-240 calves for October-November Washington-Oregon-Ida- ho; 700-750 lbs. $216-221 calves for Novem- ber-December Washington-Idaho. Future Deliv- ery Delivered Price 850-900 lbs. $208-211 for September-November Idaho. Large 1-2 Future Delivery Delivered Price 900-1000 lbs. $205.75- 210 August-September Idaho. Heifers: Medium and Large 1-2 Current FOB Price 800-850 lbs. $186-187 Washington. Current Delivered Price 800-850 lbs. $204-205 Idaho. Large 1-2: 900 lbs. $198 Idaho. Future Delivery FOB Price 500-600 lbs. $219-230 for October-November Washing- ton-Idaho-Oregon; 510 lbs. $240 thin fleshed for October-November Oregon; 650-700 lbs. $212 calves for November-December Oregon. Future Delivery Delivered Price 850 lbs. $207 for Octo- ber-November Idaho. Large 1-2 Future Delivery Delivered Price 950 lbs. $200 Idaho. NORTHWEST DIRECT CATTLE (USDA Market News) Moses Lake, Wash. July 24 This week Last week Last year 7,500 4,500 2,300 Compared to July 24, feeder cattle $10-15 lower, due in part to lower slaughter cattle and CME prices. Trade moderate to active with mod- erate to good demand at the lower prices. The feeder supply included 73 percent steers and 27 percent heifers. Near 81 percent of the supply weighed over 600 lbs. Prices are FOB weigh- Oregon 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 July 31 Compared to last week: Trading and demand are light to moderate in Kansas; live sales are $2 higher. No Dressed sales listed at time of report. Boxed beef prices July 31 averaged $231.48, which is $1.47 higher than July 24. The Choice/ Select spread is $3.96. Slaughter cattle on a na- tional basis for negotiated cash trades through July 31 totaled about 3,000 head. The previous week’s total head count was 65,613 head. South Plains Direct Markets: Live Basis: Steers and Heifers 35-65 percent Choice, 1100- 1400 lbs. $147. Slaughter Cows and Bulls (Average Yield- ing Prices): Slaughter cows mostly $1-3 lower. Slaughter bulls mostly steady. USDA’s Cutter cow carcass cut-out value July 31 was $221.66 down $6.27 from July 24. NATIONAL FEEDER AND STOCKER CATTLE (Federal-State Market News) St. Joseph, Mo. July 31 This week Last week Last year 144,500 162,600 281,700 Compared to last week: Lower prices contin- ued in the feeder cattle markets as feeder cattle and calves traded mostly $5-10 lower. Auction receipts were mostly light this week due to the hot weather and high humidity causing high heat index levels of near and over 110 degrees in areas across the Midwest and Southern Plains. Receipts for the most part continue to be dom- inated by yearling cattle over 700 lbs., which is where the best demand exists at this time. Demand remains moderate to good with best demand in the Northern Plains for yearlings as on Tuesday in Philip, S.D., at the Philip Livestock Auction sold near 3200 head of mostly yearling cattle with near 300 head of steers weighing be- tween 850-900 lbs. averaging 884 lbs. sold with a weighted average price of $212.74. Demand was very good in Kearney, Neb., at the Huss Platte Valley Livestock Auction on July 29, where 228 head of yearling steers averaging 925 lbs. sold with a weighted average price of $215.48. A number of good strings of calves and yearlings this week were on offer at the Superior Video Royale sale broadcast on July 27 from Ft. Worth, Texas, then moving to Winnemucca, Nev., on July 29 selling 137,000 head of cattle. The previous week and into the current week Live Cattle and Feeder Cattle contracts took a pounding as long term bulls were nowhere to be found. The cattle complex did finally pull off a positive day of trading on July 27 with triple-digit gains that extended with modest gains into July 28. But the sometimes upside potential has no sense of urgency to rally much higher anytime soon. USDA issued on July 24 its Cattle on Feed Report and the July 1 Cattle Inventory Report all had lots of information and data but little effect on market impact. There were few surprises and no really bullish news to report. Pretty much ev- erybody in the industry knows expansion is well underway, but it will be over a year before many of the heifers retained will calve. Lower corn market this week is having little effect on Feeder Cattle contracts so far as the fed cattle market has plenty of red ink flowing as the fed cattle market tries to carve out its sum- mer low. Boxed-beef prices are at their lowest lev- els since last June and have this week gained some footing hopefully finding their summer low. Choice boxed-beef closed $.09 lower on July 31 at $233.25. Retailers still seem to be a bit lax in buying product and slow to stimulate consumer buying. A strong U.S. dollar and weaker export de- mand from the Pacific Rim countries especially Hong Kong and Japan have beef exports strug- gling; also beef exports to Mexico have been laboring as well. Competing meat prices are strikingly lower than year-ago levels as pork prices hit their all-time highs last summer during the PEDv outbreak and chicken prices were also stronger last year. The attitudes of many in the commodity mar- kets who are trading is getting to be a little bitter ing 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. $195-196 Washington. Current Delivered Price: 800-900 lbs. $209- 211 Idaho. Future Delivery FOB Price: 500-550 lbs. $258 value added for October-November Oregon; 550-600 lbs. $232-246 for October-No- vember Washington-Oregon-Idaho; 600-650 lbs. $227-240 calves for October-November Washington-Oregon-Idaho; 700-750 lbs. $216- 221 calves for November-December Wash- ington-Idaho. Future Delivery Delivered Price: 850-900 lbs. $208-211 for September-Novem- ber Idaho. Large 1-2: Future Delivery Delivered Price: 900-1000 lbs. $205.75-210 August-Sep- tember Idaho. Heifers: Medium and Large 1-2: Current FOB Price: 800-850 lbs. $186-187 Washington. Cur- rent Delivered Price: 800-850 lbs. $204-205 Idaho. Large 1-2: 900 lbs. $198 Idaho. Future Delivery FOB Price: 500-600 lbs. $219-230 for October-November Washington-Idaho-Oregon; 510 lbs. $240 thin fleshed for October-No- vember Oregon; 650-700 lbs. $212 calves for November-December Oregon. Future Delivery Delivered Price: 850 lbs. $207 for October-No- vember Idaho. Large 1-2: Future Delivery Deliv- ered Price: 950 lbs. $200 Idaho.