September 11, 2015
CapitalPress.com
11
Farm Market Report
Hay Market Reports
Sheep/Wool 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.
Sept. 4
This week FOB
Last week
Last year
30,029
10,475
9,275
Compared to Aug. 28: Premium dairy and export Alfalfa steady
to firm. Utility/Fair rain damaged quality steady to weak. Trade
active with moderate to good demand. Timothy steady. Demand
light to moderate. Retail/Feedstore steady. Demand remains
good.
Tons Price
Premium
2000 $200
Alfalfa Large Square
200
$180
750
$190
Good
450
$160
3000 $165
2000 $180
Fair/Good 1000 $140
14,000 $160-180
Fair
1500 $165
3000 $120-125
Utility
400
$155
Alfalfa Small Square
Premium
60
$250-260
64
$
265
Orchard Grass Small Square Premium
225
$260-275
Good/Prem. 30
$240
Timothy Grass Large Square Good/Prem. 850
$160-165
Good
500
$155
CALIFORNIA HAY
(USDA Market News)
Moses Lake, Wash.
Sept. 4
This week FOB
Last week
Last year
22,990
10,927
24,605
Compared to Aug. 28: All classes traded slow on light demand.
According to contacts in all regions the temperature this week is
cooler than the previous week.
Prices on dry cow hay continue to drop week to week while
test hay is getting harder to find. Third cutting is being put up
in region 1. Prices reported FOB at the stack or barn unless
otherwise noted.
Tons Price
REGION 1: North Intermountain
Includes the counties of Siskiyou, Modoc, Shasta, Lassen, and
Plumas.
Alfalfa
Supreme
1100 $180
575
$195-210
Premium
500
$170
Good/Prem. 1400 $185
REGION 2: Sacramento Valley
Includes the counties of Tehama, Glenn, Butte, Colusa, Sutter,
Yuba, Sierra, Nevada, Placer, Yolo, El Dorado, Solano, Sacramento.
Alfalfa
Supreme
432
$250
Prem./Sup. 295
$210-220
85
$175
Good
288
$175-190
90
$170
Fair/Good 1500 $145
500
$110
Rye Grass
Good
125
$70
REGION 3: Northern San Joaquin Valley
Includes the counties of San Joaquin, Calaveras, Stanislaus, Tu-
olumne, Mono, Merced and Mariposa.
Alfalfa
Supreme
1100 $240
275
$275
Premium
500
$200-205
Good
200
$155
150
$195
75
$170
Fair/Good 200
$130
3600 $145-155
Oat
Good
125
$85
Wheat
Good
200
$110
REGION 4: Central San Joaquin Valley
Includes the counties of Madera, Fresno, Kings, Tulare, and Inyo.
Alfalfa
Prem./Sup. 300
$210
Good/Prem. 600
$220
Fair/Good 300
$165
REGION 5: Southern California
Includes the counties of Kern, Northeast Los Angeles, and West-
ern San Bernardino.
Orchard Grass
Good/Prem. 75
$300
REGION 6: Southeast California
Alfalfa
Good/Prem. 100
$200
Good
6000 $149
700
$160-170
Fair/Good 1550 $100-110
Teff
Good/Prem. 50
$200
OREGON AREA HAY
(USDA Market News)
Portland, Ore.
Sept. 4
This week FOB
Last week
Last year
4,395
8,083
6,416
Compared to Aug. 28: Prices trended generally steady compared
to week ago prices. Mid quality alfalfa (fair/good/premium) in Lake
County trended higher compared to week ago prices. Many pro-
ducers have decided to hold on to their hay for now, in hopes for
higher prices. Some producers are having their water rights cut off
due to the drought.
Tons Price
CROOK, DESCHUTES, JEFFERSON, WASCO COUNTIES
Alfalfa Large Square
Fair
30
$150
Small Square
Supreme
10
$250
Premium
4
$250
Orchard Grass Small Square Premium
85
$250
Good/Prem. 50
$230
Good
50
$210-225
Grass Mix-Five Way Small
Square
Premium
8
$285
EASTERN OREGON
Alfalfa Small Square
Premium
150
$200
Alfalfa/Orchard Mix Small
Square
Premium
45
$190
Fair/Good 250
$125
Orchard Grass Small Square Premium
30
$195
Timothy Grass Small Square Premium
10
$195
HARNEY COUNTY
Barley Large Square
Good/Prem. 200
$140
KLAMATH BASIN
Alfalfa Small Square
Supreme
100
$220
Premium
300
$180
Meadow Grass Small Square Premium
400
$240
LAKE COUNTY
Alfalfa Large Square
Supreme
230
$225
Premium
933
$200-225
350
$250
Good/Prem. 400
$200
Fair/Good 370
$150-160
Small Square
Good/Prem. 30
$200
Fair/Good 130
$150
Orchard Grass Small Square Good/Prem. 200
250
Barley/Oat/Wheat Mix
Large Square
Good
30
$115
IDAHO HAY
(USDA Market News)
Moses Lake, Wash.
Sept. 4
This week FOB
Last week
Last year
14,630
14,640
4425
Compared to Aug. 28: Premium and Good Alfalfa weak. Utility/
Fair Alfalfa $5-10 lower. Trade slow to moderate this week. Heavy
supplies of feeder hay continue to hamper the market. Exporters
are only willing to buy guaranteed GMO free Hay. Retail/feed store/
horse steady.
Tons Price
Alfalfa Large Square
Premium
1500 $175
Good
1530 $120-130
6000 $150
Fair
2000 $120
Utility/Fair 1100 $80-100
Alfalfa Small Square
Premium
1000 $200
1500 $220
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
Sept. 3
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)
Stockton-Modesto-Oakdale-Turlock NA
Rail
Truck
Petaluma-Santa Rosa
NA
Stockton-Modesto-Oakdale-Turlock $10.25
Kings-Tulare-Fresno Counties
NA
Madera County
NA
CORN-U.S. No. 2 Yellow
FOB Turlock-Tulare
$8.37
FOB Kings-Tulare-Fresno
$8.50
Rail
Single Car Units via BNSF
Chino Valley-Los Angeles
$8.94
Truck
Petaluma-Santa Rosa
NA
Stockton-Modesto-Oakdale-Turlock $8.67
Kings-Tulare-Fresno Counties
$8.67
SORGHUM-U.S. No. 2 Yellow
Los Angeles-Chino Valley
Rail
via BNSF Single
$10.53
Truck
Modesto-Oakdale-Turlock
NA
OATS-U.S. No. 1 White
Los Angeles-Chino Valley
NA
Truck
OATS-U.S. No. 2 White
Petaluma
$13.25
Truck
WHEAT-U.S. No. 2 or better-Hard Red Winter
(Domestic Values for Flour Milling)
Los Angeles 12 percent Protein
$10.99
Los Angeles 13 percent Protein
$11.99
Los Angeles 14 percent Protein
$11.39
Truck/Rail Los Angeles 11-12 percent Protein
Los Angeles 13 percent Protein
$10.02
Los Angeles 14 percent Protein
NA
WHEAT-U.S. Durum Wheat
Imperial County
NA
Truck
Kings-Tulare-Fresno Counties
NA
WHEAT-Any Class for Feed
Truck/Rail Los Angeles-Chino Valley
$10.52
Truck
Petaluma-Santa Rosa
$10.40
Stockton-Modesto-Oakdale-Turlock NA
Kern County
$10.50
Prices paid to California farmers, seven-day reporting period end-
ing Sept. 3: No confirmed sales.
PORTLAND GRAIN
(USDA Market News)
Portland
Sept. 4
PACIFIC NORTHWEST MARKET SUMMARY
Cash wheat bids for September delivery ended the reporting week
on Thursday, Sept. 3, mixed compared to Aug. 27 noon bids for
September delivery. Hard red winter wheat were mixed, dark north-
ern spring wheat bids moved higher, while soft white wheat bids
moved lower.
December wheat futures ended the reporting week on Thursday,
Sept. 3, lower as follows compared to Aug. 27 closes: Chicago
wheat futures were 24.50 cents lower at $4.6525, Kansas City
wheat futures were 20.50 cents lower at $4.6775 and Minneapolis
wheat futures trended 13.25 cents lower at $5.25. Chicago Septem-
ber corn futures trended 13.50 cents lower at $3.6150 and Septem-
ber soybean futures closed 9.50 cents lower at $8.6950.
Bids for U.S. 1 Soft White Wheat delivered to Portland in unit trains
or barges during September for ordinary protein were $5.2025-5.35,
mostly $5.2725. Bids trended 24.50 to 33 cents per bushel lower
compared to $5.4475-5.68 last week for September delivery.
Some exporters were not issuing bids for nearby 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
September delivery by unit trains and barges to Portland were
$6.7575-7.13, mostly $6.8875 and bids for White Club Wheat were
$8.8075-9.5075, mostly $9.0750. Nearby bids for U.S. 1 Soft White
wheat ordinary protein started the reporting week on Aug. 28 at
mostly $5.4675, and moved lower each day of the week.
On Aug. 31, bids were mostly $5.45, on Sept. 1 bids were mostly
$5.4025 and were mostly $5.35 on Sept. 2. Sept. 3 bids ended the
reporting week at mostly $5.2725. Forward month bids for soft white
wheat ordinary protein were as follows: October, November and
December $5.2025-5.35.
One year ago, forward month bids for soft white wheat for any
protein were as follows: October $6.8075-7.16, November $6.8075-
7.19, December $6.8075-7.22, and January $6.8150-7.25.
Bids for U.S. 1 Soft White Wheat guaranteed maximum 10.5 per-
cent protein during September were $6.2025-6.52, mostly $6.3525,
four to 14.50 cents per bushel lower compared to $6.3475-6.56 last
week for September delivery. Nearby bids for U.S. 1 Soft White
wheat guaranteed maximum 10.5 percent protein began the report-
ing week on Aug. 28 at mostly $6.4150, and moved lower to mostly
$6.40 on Aug. 31, before rising to mostly $6.4425 on Sept. 1, and
then falling to mostly $6.44 on Sept. 2, and ended the week Sept. 3,
lower at mostly $6.3525.
Forward month bids for soft white wheat guaranteed 10.5 percent
proteins were as follows: October $6.2025-6.4025, November and
December $6.2025-6.54.
Bids for 11.5 percent protein U.S. 1 Hard Red Winter Wheat for
September delivery were mixed, from 1.75 cents lower to 3.25 cents
per bushel higher compared to Aug. 27 noon bids for September de-
livery. On Sept. 3, bids were as follows: September $5.4275-5.7775,
mostly $5.5775; October through December $5.4775-5.7775, and
January $5.67-5.72.
Bids for non-guaranteed 14.0 percent protein U.S. 1 Dark North-
ern Spring Wheat for Portland delivery during September were 1.75
to 5.75 cents higher than Aug. 27 noon bids for the same delivery
period. Some exporters were not issuing bids for nearby delivery.
On Thursday, bids for non-guaranteed 14 percent protein were
as follows: September $6.0025-6.2025, mostly $6.0925; October
$6.0025-6.2025; November $5.9025-6.2025; December $6.0025-
6.2525; and January $6.1650-6.3650.
COARSE FEEDING GRAINS
Bids for U.S. 2 Yellow Corn delivered full coast Pacific Northwest
- BN shuttle trains for September delivery were 9.25 to 12.25 cents
lower from $4.4150-4.4450 per bushel. Forward month corn bids
were as follows: October $4.3650-4.4150, November $4.3950-
4.4350, December $4.3950-4.4550, January $4.54-4.58, and Feb-
ruary $4.55-4.59. Bids for U.S. 1 Yellow Soybeans delivered full
coast Pacific Northwest - BN shuttle trains for September delivery
were 9.50 to 12.50 cents lower from $9.6650-9.6950 per bushel.
Forward month soybean bids were as follows: October $9.6650-
9.7150, November $9.6950-9.7550, December and January
$9.7350-9.7850. Bids for U.S. 2 Heavy Wheat Oats for September
delivery held steady at $3.63 per bushel.
PACIFIC NORTHWEST EXPORT NEWS
There were eight grain vessels in Columbia River ports on Thurs-
day, Sept. 3, with three docked compared to eight Aug. 27 with three
docked. There were no confirmed export sales this week from the
Commodity Credit Corporation of the USDA.
Livestock Auctions
Cattle prices in dollars per hundredweight (cwt.)
except some replacement animals per pair or head
as indicated.
Idaho
CALDWELL
(Treasure Valley Livestock)
Aug. 28
Steers: 500-600 lbs. $91; 600-700 lbs. $102;
700-800 lbs. $95; 800 lbs. and up $98.
Heifers: 500-600 lbs. $115; 600-700 lbs. $85;
700-800 lbs. $87.50; 800-900 lbs. $128; 900-
1000 lbs. $111; 1000-1100 lbs. $93; 1100-1200
lbs. $114.
Cows (wt.): 1100-1200 lbs. $88.25; 1200-1300
lbs. $87.75; 1300-1400 lbs. $86.75; 1400-1500
lbs. $93.25; 1500-1600 lbs. $99.75; 1600-1700
lbs. $101.75.
Oregon
MADRAS
(Central Oregon Livestock Auction)
Aug. 31
Baby calves: NA.
Steers: 300-400 lbs. $240-260; 400-500 lbs.
$230-250; 500-600 lbs. $220-240; 600-700 lbs.
$200-220; 700-800 lbs. $180-200; 800-900 lbs.
$170-180.
Bulls: High yield. $130-140; mostly $125; thinner
$118-125.
Pairs: Full Mouth Vacc NA.
Heifers: 300-400 lbs. $230-240; 400-500 lbs.
$220-230; 500-600 lbs. $200-220; 600-700 lbs.
$175-200; 700-800 lbs. $165-175.
Heiferettes: 850-1000 lbs. $150-165.
Cows: Heiferettes $135-150; Feeder cows $108;
high-yield $102; medium-yield $100; low-yield $90.
Washington
TOPPENISH
(Toppenish Livestock Auction)
(USDA Market News)
Moses Lake, Wash.
Sept. 4
This week
Last week
Last year
1,600
1,666
1,640
Compared to Aug. 28 at the same market: Stock-
er and feeder cattle weak in a light test. Trade slow
with light to moderate demand. Slaughter cows
steady. Slaughter bulls $9-10 higher. Trade active
with good demand. Slaughter cows 68 percent,
slaughter bulls 10 percent, and feeders 22 percent
of the supply. The feeder supply included 61 per-
cent steers and 39 percent heifers. Near 66 per-
cent of the run weighed over 600 lbs. Replacement
Cows: Pre-tested for pregnancy, and age.
Feeder Steers: Medium and Large 1-2: 300-400
lbs. $252; 500-600 lbs. $204-213; 700-800 lbs.
$187-194.85; 700-800 lbs. $181, Full; 800-900 lbs.
$187-194.50. Medium and Large 2-3: 600-700 lbs.
$176. Large 1-2: 900-1000 lbs. $175-180.
Feeder Holstein Steers: Large 2-3: 300-400 lbs.
$190; 500-600 lbs. $185-186; 700-800 lbs. $165.
Feeder Heifers: Medium and Large 1-2: 500-
600 lbs. $188.50-197.50; 600-700 lbs. $190-199;
700-800 lbs. $182-183.50; 800-900 lbs. $181-186.
Large 1-2: 900-1000 lbs. $170.50; 900-1000 lbs.
$157.50, Full; 1000-1100 lbs. $142.50. Small and
Medium 1-2: 300-400 lbs. $205-218.
Slaughter Cows: Boning 80-85 percent lean
1400-2000 lbs. $95-99; Lean 85-90 percent lean
1200-1600 lbs. $92-100; Lean Light 90 percent
lean 800-1200 lbs. $80-85.
Slaughter Bulls: Yield Grade 1-2 1400-2600 lbs.
$135-145.
Bred Cows (Per Head): Mid-Aged 1360 lbs.
$1475 1-3 mos. bred.
California
SHASTA
(Shasta Livestock Auction)
Cottonwood, Calif.
Sept. 4
Current week Last week
192
429
Compared to Aug. 28: Slaughter cows steady to
$2 higher. Feeder market steady but too few for
real market test. Off lots and singles $30-50 below
top offerings.
Slaughter cows: Breakers $98-102, $109-117
high dress; Boning $91-97.
Bulls 1 and 2: $105-138.
Feeder steers: Too few to test the market.
No big changes seen for former university ranch
By MEAD GRUVER
Associated Press
CHEYENNE, Wyo. (AP)
— A cattle ranch sold by foun-
dations at the University of
Wyoming and Colorado State
University despite the objection
of its late former owner will
continue operating without big
changes, according to the new
owner.
The Y Cross Ranch went on
sale earlier this summer and pre-
sented a rare opportunity to buy
a big Wyoming ranch in one
piece, Pine Bluffs businessman
Toby Kimzey said Wednesday.
“We own ranches in Pine
Bluffs and Glendo and it’s just
a nice addition to what we have.
We just hope to be able to get
her all paid for,” said Kimzey,
owner of a variety of southeast
Wyoming businesses and for-
mer owner of an oil well casing
business.
The universities will still be
welcome to bring agriculture
education students out to the Y
Cross to learn about ranching,
he said.
The University of Wyoming
Foundation and Colorado State
University Research Foundation
declined to identify the buyer
after the sale Aug. 12, saying
he wished not to be named.
Kimzey confirmed he was the
buyer when reached by The As-
sociated Press.
Denver philanthropist Amy
Davis said she came to regret
her 1997 donation of the Y
Cross, her family’s ranch, to
the foundations because the
universities made little use of
it as a field classroom like she
intended. She sued to block the
foundations’ first attempt to sell
the ranch in 2012 and lost before
the Wyoming Supreme Court in
2014.
She died six weeks later at
age 86.
Selling the ranch will hon-
or the intent of Davis’ donation
by enabling the schools to fund
endowments for agriculture ed-
ucation scholarships, according
to foundation officials.
The Y Cross sprawls across
50,000 acres of deeded and
10,000 acres of leased land
between Cheyenne and Lara-
mie. Granite outcrops, rolling
meadows and ponderosa pine
dominate the barely developed
landscape populated by moose,
elk and mule deer.
Kimzey said his other busi-
nesses include a feed store,
gravel company and truck stop.
He sold an oil well casing busi-
ness — Kimzey Casing Service
LLC, which is based in Den-
ver and has offices in Greeley,
Colo.; Vernal, Utah; and Wash-
ington, Pa. — five years ago, he
said.
Kimzey declined to disclose
the purchase price of the Y
Cross but Laramie County re-
cords showing a $23.5 million
mortgage on the property sug-
gest it was at least close to the
$25 million list price.
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.
Sept. 4
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 delivering
previously sold contract wool from earlier in the
year. Some warehouses have begun collecting
small wool pools and will continue collecting into
the fall. Foreign interest has been volatile and a
strong dollar at the current time is causing less
than ideal trade conditions. There is concern
about the impact of the current situation in China
and how it may affect their interest in wool over
the short and mid-term.
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. 3
$.40-.50
NATIONAL SHEEP SUMMARY
(USDA Market News)
San Angelo, Texas
Sept. 4
Compared to last week: Heavy slaughter
lambs were steady to $10 higher; light slaugh-
ter lambs were steady to $20 lower. Slaughter
ewes were mostly steady to $5 lower. Feeder
lambs were steady to $10 higher. At San An-
gelo, Texas, 5,901 head sold in a one-day sale.
Equity Electronic Auction sold 335 slaugh-
ter lambs in North Dakota. In direct trading
slaughter ewes were not tested; feeder lambs
were weak. 4,700 head of negotiated sales of
slaughter lambs were weak. 6,900 head of for-
mula sales under 65 lbs. were not well tested;
65-75 lbs. were $6-8 lower; 75-85 lbs. were
$1-2 lower and over 85 lbs. were not well test-
ed. 4,978 carcasses sold with 55 lbs. and down
$10.31-13.60 higher; 55-65 lbs. 4.11 higher
and 65 lbs. and up $.30-1.28 higher.
SLAUGHTER LAMBS Choice and Prime 2-3:
San Angelo: shorn and wooled 110-135 lbs.
$140-162, few $168.
SLAUGHTER LAMBS Choice and Prime 1:
San Angelo: 40-60 lbs. $230-252; 60-70 lbs.
$216-228, few $232-234; 70-80 lbs. $200-220;
80-90 lbs. $190-200; 90-110 lbs. $165-177, few
$184- 186.
DIRECT TRADING (Lambs with 3-4 percent
shrink or equivalent):
4,700 Slaughter Lambs shorn and wooled 130-
165 lbs. $145- 165 (wtd avg $154.79).
Idaho: 300 Feeder Lambs 95-105 lbs. $150.
SLAUGHTER EWES:
San Angelo: Good 2-3 (fleshy) $61-70; Utility
and Good 1-3 (medium flesh) $70-80, high-yielding
$84-96; Utility 1-2 (thin) $60-70; Cull and Utility 1-2
(very thin) $50-60; Cull 1 (extremely thin) $40- 50.
FEEDER LAMBS Medium and Large 1-2:
San Angelo: 60-70 lbs. $180-194; 70-90 lbs.
$180-188; 90-100 lbs. $178-184; 100-110 lbs.
$164-166.
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
$472.51
45-55 lbs.
$390.07
55-65 lbs.
$343.57
65-75 lbs.
$326.60
75-85 lbs.
$314.14
85 lbs. and up
$301.22
Sheep and lamb slaughter under federal inspec-
tion for the week to date totaled 37,000 compared
with 36,000 last week and 35,000 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
Sept. 4
Benchmark prices are steady. Asking prices for next week are unchanged for Jumbo. Benchmark pric-
es are steady. Asking prices for next week are 28 cents lower for Jumbo, 23 cents lower for Extra Large
and Large and 5 cents lower for Medium and Small. The undertone is lower. Retail demand is light with
food service movement light to moderate at best. Offerings and supplies are moderate to heavy. Market
activity is slow. Small benchmark price $2.25.
Size
Range
Size
Range
Jumbo
380
Extra large
332
Large
326
Medium
245
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
332-344
Extra large
258-270
Large
258-267
Medium
183-192
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
Sept. 4
Compared to Aug. 28: Trading and demand is light
to moderate in Kansas and Nebraska. Compared to
last week, live sales $3 lower and dressed sales are
trading $6 lower. Boxed beef prices Sept. 4 at noon
averaged $234.89, which is $3.19 lower than Aug. 28.
The Choice/Select spread is $11.48. Slaughter cattle
on a national basis for negotiated cash trades through
Sept. 4 at noon totaled about 8,000 head. The previ-
ous week’s total head count was 58,815 head.
Midwest Direct Markets: Dressed Basis, Steers and
Heifers $222.
South Plains Direct Markets: Live Basis, Steers and
Heifers 35-65 percent Choice, 1100-1400 lbs. $143.
Slaughter Cows and Bulls (Average Yielding Pric-
es): Slaughter cows and bulls steady to $2 lower. US-
DA’s Cutter cow carcass cut-out value Sept. 4 at noon
was $219.82 down $2.25 from Aug. 28.
NATIONAL FEEDER AND STOCKER CATTLE
(Federal-State Market News)
St. Joseph, Mo.
Sept. 4
This week
Last week
Last year
211,300
372,100
150,900
Compared to Aug. 25: Yearlings traded mostly
steady to $3 higher (mostly early to midweek) with
calves selling steady to $5 higher. In the Southeast
calves traded unevenly steady to $3 lower. Several
auctions late in the week mostly in the Northern Plains
were $5-10 lower when compared to two weeks ago.
After the emotional and very draining week of trad-
ing with big moves to the downside in the commodity
and equity markets feeder cattle and fed cattle prices
were some of the biggest victims of the purge. Calf
and yearling prices definitely had room to correct high-
er; which at most auctions showed some stability and
strength this week.
The best demand for yearlings remains in the
Northern Plains and the availability of yearling cattle is
very tight, which has created a good competition from
cattle buyers needing to procure yearling cattle. In the
major grazing areas, yearling supplies are dwindling
as there are very few green yearlings left to sell.
In McCook, Neb., on Aug. 31 at the Tri-State
Livestock Auction sold a string of 306 head top qual-
ity yearling steers weighing 891 lbs. and the gavel
dropped at $214.10. The calf market took the full
brunt force of last week’s losses as most steer calves
weighing between 500-600 lbs. are trading between
$240-260; a far cry from the $3/lb. seen not that long
ago. The fall run will soon be underway and usually
calf prices feel the pressure as they are pulled off
grass as receipts increase with many unweaned and
fleshy calves coming to market.
For the most part, feeder cattle prices are still feeling
pressure from the losses of current fed cattle prices.
We have previously seen huge premiums carried by
the feeder cattle to the fat cattle and are starting to see
a reality check as feeders are seeing prices dropping
faster than the fats.
Packers are seeing some decent margins, but want
to keep those as long as possible, while feedyards are
trying to get some of it back; fighting lower bids. Lower
fed cattle prices prevailed on Friday morning in Kan-
sas with live sales $3 lower at $143. As the tendency
for beef prices to soften after Labor Day, it also gives
packers some leverage.
Cattle feeders have been trying to purchase feedlot
replacements in line with the CME Board for hedging
as yearlings; however, that has not penciled out for a
long time. In many cases, retailers are in the same
boat as packers and feedyards; not sure how beef de-
mand will play out going into fall and into the holidays
and they are content to keep inventories in check.
Retailers also see lower prices from large supplies of
competing meats that keep features changing.
Fears of China’s financial concerns continue to
bleed over into U.S. equity and commodity markets
which produce a risk mentality for many of the agri-
culture markets and outlook for livestock prices. The
velocity of last week’s sell-off should not be a surprise,
but it does leave an impression on the markets. This
keeps traders’ attitudes, positions and frame of minds
changing fast and in a hurry. Auction volume included
53 percent over 600 lbs. and 36 percent heifers.
AUCTIONS
This week
Last week
Last year
140,700
139,000
113,200
WASHINGTON 3,300. 37 pct over 600 lbs. 38 pct
heifers. Steers: Medium and Large 1-2 400-450 lbs.
$245.81; 500-550 lbs. $217.37; 550-600 lbs. $210.20;
600-650 lbs. $209.79; part load 690 lbs. $201; 750-
800 lbs. $193.89; 800-850 lbs. $193.43. Heifers:
Medium and Large 1-2 350-400 lbs. $236.56; 450-
500 lbs. $219.58; 500-550 lbs. $210.70; 550-600 lbs.
$197.60; pkg 635 lbs. $193; 700-750 lbs. $186.56;
800-850 lbs. $184.86.
DIRECT
This week
Last week
Last year
54,400
30,700
33,600
SOUTHWEST (Arizona-California-Nevada) 6,700.
No cattle over 600 lbs. No heifers. Holsteins: Large 3
275 lbs. $260 January Del; 325 lbs. $230 January Del.
NORTHWEST (Washington-Oregon-Idaho)1,900.
26 pct over 600 lbs. 50 pct heifers. Steers: Medi-
um and Large 1-2 Current FOB Price 450-500 lbs.
$250 Washington. Current Delivered Price 900 lbs.
$182 Idaho. Future Delivery FOB Price 450-500
lbs. $276 for October Idaho; 550-600 lbs. $242 for
October Oregon; 600-650 lbs. $218-225 calves for
October-November Washington-Oregon. Future
Delivery Delivered Price 900 lbs. $194 for October
Idaho. Heifers: Medium and Large 1-2 Current FOB
Price 450 lbs. $240 Washington; 800-850 lbs. $180
Washington. Future Delivery FOB Price 400-450 lbs.
$266 for October Idaho; 500-600 lbs. $210- 229 for
October Oregon. Large 1-2 Current Delivered Price
900 lbs. $177 Idaho.
NORTHWEST DIRECT CATTLE
(USDA Market News)
Moses Lake, Wash.
Sept. 4
This week
Last week
Last year
1,850
195
2,800
Compared to last Aug. 28: Not enough reported
sales last week for accurate market trends. Trade
slow with light to moderate demand. The feeder
supply included 50 percent steers and 50 percent
heifers. Near 26 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 expens-
es. Current sales are up to 14 days delivery.
Steers: Medium and Large 1-2: Current FOB Price:
450-500 lbs. $250 Washington. Current Delivered
Price: 900 lbs. $182 Idaho. Future Delivery FOB
Price: 450-500 lbs. $276 for October Idaho; 550-600
lbs. $242 for October Oregon; 600-650 lbs. $218- 225
calves for October-November Washington-Oregon.
Joyce Capital, Inc.
In agriculture, nothing is certain. Your interest rate should be.
We offer competitive interest rates for
your agricultural financing needs:
• Term agricultural loans
(purchases & refinances)
• FSA Preferred Lender
• Amortizations
up to 25 years
CONTACT: Kevin Arrien, or Joe Lodge
at Joyce Capital, Inc.
Agricultural Loan Agents
(208) 338-1560 • Boise, ID
joe@arrien.biz
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