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January 22, 2016 CapitalPress.com 15 Farm Market Report Hay Market Reports Cattle 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. Jan. 15 This week FOB Last week Last year 3,460 5,300 3,240 Compared to Jan. 8: Premium Alfalfa and export Alfalfa steady to weak. Trade remains slow. Bearish financial markets have export- ers very cautious. Demand remains light. Retail/Feedstore steady. Demand remains good. Tons Price Alfalfa Mid Square Prem./Sup. 800 $165-175 Good/Prem. 150 $150 Good 960 $147-150 Fair/Good 300 $135 Alfalfa Small Square Premium 350 $260-265 Timothy Grass Mid Square Premium 400 $140 Timothy Grass Small Square Premium 300 $190-200 Wheat Straw Mid Square Good 200 $75 OREGON AREA HAY (USDA Market News) Portland, Ore. Jan. 15 This week FOB Last week Last year 2,926 5,478 837 Compared to Jan. 8: Prices trended generally steady compared to week-ago prices. The recent cold snap has increased sales. Many producers have decided to hold onto their hay for now, in hopes for higher prices. Snow has hit some of the hay producing areas. Tons Price CROOK, DESCHUTES, JEFFERSON, WASCO COUNTIES Good/Prem. 20 $150 Alfalfa Mid Square Small Square Orchard Grass Small Square Forage Mix Five-Way Small Square HARNEY COUNTY Alfalfa Large Square Oat Large Square KLAMATH BASIN Alfalfa Large Square Premium Premium 51 51 $240-250 $250-270 Premium 20 $290 Good Good 60 30 $140 $125 Supreme Mid Square Small Square Fescue Grass Small Square LAKE COUNTY Alfalfa Large Square Good Premium Premium 600 25 450 25 27 $210 $300 $125 $180 $240 Supreme Premium 43 $220-255 36 $200 400 $290 Good 70 $155 Fair/Good 170 $150 Small Square Premium 30 $220 Good/Prem. 90 $200 Oat Large Square Good 500 $100 Triticale Large Square Premium 200 $225 Good 28 $100 EASTERN OREGON: No new sales confirmed. IDAHO HAY (USDA Market News) Moses Lake, Wash. Jan. 15 This week FOB Last week Last year 500 15,800 3,235 Compared to Jan. 8: Good/Premium and other grades of Alfalfa steady. Trade slow this week as most buyers working on previously bought supplies. Stack damage due to winter weather conditions make buying quality hay harder. Some interest was noted this week from eastern interests. Demand was light. Tons Price Alfalfa Mid Square Good/Prem. 250 $130 Fair/Good 250 $100 CALIFORNIA HAY (USDA Market News) Moses Lake, Wash. Jan. 15 This week FOB Last week Last year 2,875 3,905 4,240 Compared to Jan. 8: All classes traded steady to weak on a very thin test. Demand was very light. Moisture has been falling in all regions with winter temperatures making alfalfa in region 6 stunted and frost damaged. According to U.S. Drought Monitor, The consen- sus from California experts is that recovery will be slow, and many more storm events are needed through the rest of winter to really put a dent in the drought. Tons Price REGION 1: NORTH INTERMOUNTAIN Includes the counties of Siskiyou, Modoc, Shasta, Lassen, and Plumas. Alfalfa Good/Prem. 100 $130 Good 100 50 REGION 2: SACRAMENTO VALLEY Includes the counties of Tehama, Glenn, Butte, Colusa, Sutter, Yuba, Sierra, Nevada, Placer, Yolo, El Dorado, Solano, Sacramento. Alfalfa Supreme 50 $220 50 $320 Good 75 $185 375 $140 100 $200 Fair/Good 75 $165 Fair 50 $205 Orchard Grass Premium 50 $270 Oat Good 25 $115 Corn Good 75 $35 REGION 3: NORTHERN SAN JOAQUIN VALLEY Includes the counties of San Joaquin, Calaveras, Stanislaus, Tu- olumne, Mono, Merced and Mariposa. Alfalfa Premium 75 $210 Good/Prem. 600 $200 100 $188 100 $210 Good 75 $170 100 $150 REGION 4: CENTRAL SAN JOAQUIN VALLEY Includes the counties of Madera, Fresno, Kings, Tulare, and Inyo. Alfalfa Supreme 125 $250 Good/Prem. 375 $240 REGION 5: SOUTHERN CALIFORNIA Includes the counties of Kern, Northeast Los Angeles, and West- ern San Bernardino. Alfalfa Good/Prem. 50 $240 REGION 6: SOUTHEAST CALIFORNIA Includes the counties of Eastern San Bernardino, Riverside, and Imperial. Alfalfa Fair/Good 150 $115 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 Jan. 14 PACIFIC NORTHWEST MARKET SUMMARY Cash wheat bids for January delivery ended the reporting week on Thursday, Jan. 14, mixed compared to the previous noon bids for January delivery. March wheat futures ended the reporting week on Thursday, Jan. 14, mixed as follows compared to the previous week’s closes: Chi- cago wheat futures were. .25 of a cent higher at $4.6875, Kansas City wheat futures were 5.75 cents higher at $4.6850 and Minneapolis wheat futures trended 2.25 cents lower at $4.9250. Chicago March corn futures trended five cents higher at $3.58 and January soybean futures closed 19 cents higher at $8.96. Bids for U.S. 1 Soft White Wheat delivered to Portland in unit trains or barges during January for ordinary protein were $5.2875-5.30, 1.50 to 8.75 cents per bushel higher than Jan. 7 bids for the same deliv- ery period. 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 Jan- uary delivery by unit trains and barges to Portland were $6.1575-6.75 and bids for White Club Wheat were $8.6575-9.60. Forward month bids for soft white wheat ordinary protein were as follows: February and March $5.2875-5.30. One year ago, forward month bids for soft white wheat for any pro- tein were as follows: February $6.1575-6.80, March $6.1575-6.83, April $6.1875-6.85 and August New Crop $5.8750-6.50. Bids for U.S. 1 Soft White Wheat guaranteed maximum 10.5 percent protein during January were $6.1875-6.45, 0.25 of a cent to $6.50 cents per bushel higher compared to $6.1850-6.8350 last week for January delivery. White club wheat premiums for guaranteed maximum 10.5 percent protein soft white wheat were 1.15-1.70 cents per bushel over soft white wheat bids compared 1.15-1.70 per bushel over soft white wheat bids last week. One year ago bids for U.S. 1 Soft White Wheat any protein for January delivery by unit trains and barges to Portland were $7.1275- 7.80 and bids for White Club Wheat were $9.6275-10.65. Forward month bids for soft white wheat guaranteed 10.5 percent proteins were as follows: February $6.2375-6.45, March $6.2375-6.48, April $6.2925-6.45 and August New Crop $5.4925-5.50. One year ago, for- ward month bids for soft white wheat for any protein were as follows: February $7.1275-7.80, March $7.3275-7.83, April $7.1575-7.83 and August New Crop $5.8750-6.4250. Bids for 11.5 percent protein U.S. 1 Hard Red Winter Wheat for January delivery were 5.75 cents per bushel higher compared to last week’s noon bids for January delivery. This week, bids were as follows: January $5.5350-5.6350, February $5.5350-5.6650, March $5.6350-5.6950 and April $5.6375-5.7175. Bids for non-guaranteed 14.0 percent protein U.S. 1 Dark Northern Spring Wheat for Portland delivery during January were 17.25 cents per bushel lower than last week’s noon bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. This week, bids for non-guaranteed 14 percent protein were as follows: January $5.9750-6.1750, February $6.0250-6.2250, March $6.1250- 6.2250, and April $6.1950-6.2950. COARSE FEEDING GRAINS Bids for U.S. 2 Yellow Corn delivered full coast Pacific Northwest - BN shuttle trains for January delivery were 9 to 12 cents higher from $4.37-4.43 per bushel. Forward month corn bids were as follows: Feb- ruary $4.37-4.41, March $4.38-4.42, April and May $4.3775-4.4475 and June $4.4325-4.4525. Bids for U.S. 1 Yellow Soybeans delivered full coast Pacific Northwest - BN shuttle trains for January delivery were 27 to 31 cents higher from $10.10-10.12 per bushel. Forward month soybean bids were as follows: February $9.8525-9.9525, March $9.7225, and October/November $9.6025-9.6525. Bids for U.S. 2 Heavy White Oats for January delivery trended 7.25 cents higher at $3.92 per bushel. PACIFIC NORTHWEST EXPORT NEWS There were 13 grain vessels in Columbia River ports on Thursday, Jan. 14, with four docked compared to 12 last week with three docked. There were no new confirmed export sales this week from the Com- modity Credit Corporation (CCC) of the USDA. CALIFORNIA GRAINS (USDA Market News) Portland Jan. 14 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. CORN-U.S. No. 2 Yellow FOB Turlock-Tulare $8.34 Rail Single Car Units via BNSF Chino Valley-Los Angeles $8.86 Truck Petaluma-Santa Rosa $9 Stockton-Modesto-Oakdale-Turlock $8.64 Kings-Tulare-Fresno Counties $8.64 SORGHUM-U.S. No. 2 Yellow Rail Los Angeles-Chino Valley via BNSF Single $8.86 OATS-U.S. No. 1 White Truck Los Angeles-Chino Valley NA OATS-U.S. No. 2 White Truck Petaluma $12.25 WHEAT-U.S. No. 2 or better-Hard Red Winter (Domestic Values for Flour Milling) Los Angeles 12 percent Protein NA Truck/Rail Los Angeles 11-12 percent Protein Los Angeles 12 percent Protein NA WHEAT-Any Class for Feed FOB Kings-Tulare-Fresno Counties $9.40 Stockton-Modesto-Oakdale-Turlock $9.40 Prices paid to California farmers, seven-day reporting period end- ing Jan. 14: No confirmed trades. 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. Jan. 15 This week Last week Last year 405,000 309,400 380,000 Compared to Jan. 8: Calves mostly under 600 lbs. sold unevenly steady ranging from steady to $5 higher to $5 lower with spots $10 lower throughout all regions, with yearlings trading mostly $5-10 lower, with spots $12-15 lower. Direct trade was mostly $4-10 lower. The recent surge in the feeder cattle market has been a welcome to producers but unsettling outside markets and some perceptions that the feeder cattle market has gone up too fast will keep caution in order. The extreme break that cattle prices suffered last fall to the end of the year and then the two week layoff during the holidays saw buyers charging back aggressive to own feeders and thinking maybe happy days are here again hopefully is not a false signal. The previous week’s volatile and lower move in the financial markets did at times spill into the livestock futures. Market volatility and concerns with economic slowdowns in China and Europe along with lower exchange rates will continue to plague the markets. The beef complex is still trying to find out how much exports can increase; how much the public can or will consume with plentiful supplies of competing and much cheaper meats; and is demand going to be dampened by price. On Jan. 7 of this week few live sales in Kansas traded at $134 a $1 higher than last week and a few dressed sales in Nebraska traded from $209-210 steady to $1 lower. Mostly positive news on the fed cattle front as trade volumes have been good with slaughter levels exceeding expectations, helping to clean up front-end supplies. Feeder cattle futures end- ed the week on Jan. 8 with limit losses and live cattle suffered sharp triple-digit losses fueled by the Stock Market sell-off losing near 400 points. Boxed-beef values are starting to slow down after a tremendous run-up from Dec. 21 ($191.28 on Choice) to $232.47 for Choice prod- uct at the Jan. 15 close of $2.69 lower. Corn’s average yield was lowered 0.9 bpa to 168.4 bpa with corn production for 2015-16 es- timated 53 mb lower, but still remains the third largest corn crop on record at 13.6 bb. Soybean production was estimated at 3.930 mb down 51 million bushels on lower harvested acres and yields with 81.8 million acres and 0.6 lower bpa to 48.0 bpa with ending stocks at 440 mb down 25 mb from last month. Auction volume included 58 percent over 600 lbs. and 38 percent heifers. AUCTIONS This week Last week Last year 281,900 250,800 302,000 WASHINGTON 1,900. 40 pct over 600 lbs. 34 pct heifers. Steers: Medium and Large 1-2 450- 500 lbs. $ 194.92; pkg 650 lbs. $150. DIRECT This week Last week Last year 56,500 55,400 30,100 SOUTHWEST (Arizona-California-Nevada) 1,500. No cattle over 600 lbs. No heifers. Hol- steins: Large 3 Holsteins: Large 3 300 lbs. $175 May Del. NORTHWEST (Washington-Oregon-Idaho) 4300. 100 pct over 600 lbs. 31 pct heifers. Steers: Medium and Large 1-2 Current FOB Price 850 lbs. $154 Washington. Current De- livered Price Medium and Large 1 750-800 lbs. $159-164.50 Idaho; 850-900 lbs. $148-154 Idaho. Large 1 900-950 lbs. $148-150.50 Idaho. Heifers: Medium and Large 1-2 Current FOB Price 750 lbs. $148 Washington. Medium and Large 1 Current Delivered Price 850-800 lbs. $149-149.50 Idaho; 800-850 lbs. $140-148.50 Idaho. Large 1 900- 950 lbs. $136-142.50 Idaho. NORTHWEST DIRECT CATTLE (USDA Market News) Moses Lake, Wash. Jan. 15 This week Last week Last year 4,300 3,500 3,350 Compared to Jan. 8: Feeder cattle $1-6 lower, due in part to lower and volatile CME futures prices. Trade remains slow to moderate with moderate to good demand. The feeder supply included 69 percent steers and 31 percent heif- ers. 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 5-12 cent slide on calves and a 3-8 cent slide on yearlings. Delivered 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 lbs. $154 Washington. Current De- livered Price: Medium and Large 1: 750-800 lbs. $159-164.50 Idaho; 850-900 lbs. $148-154 Idaho. Large 1: 900-950 lbs. $148-150.50 Idaho. Heifers: Medium and Large 1-2: Current FOB Price: 750 lbs. $148 Washington. Medium and Large 1: Current Delivered Price: 850-800 lbs. $149-149.50 Idaho; 800-850 lbs. $140-148.50 Idaho. Large 1: 900-950 lbs. $136-142.50 Idaho. 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) Jan. 16 Market commentary: Carton price strength continued, as other areas worked to catch up to the Idaho price advances. SHIPPING AREA FWA Chg IDAHO BURBANKS $14.98 $0 IDAHO NORKOTAHS $14.22 $0.32 COLUMBIA BASIN $13.52 $0.44 KLAMATH BASIN $14.93 $0.18 GRI Chg 70 ct Chg 10# Film Chg $6.81 $0 $21.50 $0 $10.50 $0 $6.82 $0.24 $19 $1 $10.50 $0 $5.99 $0.27 $18 $1 $9.50 $0 $6.42 $0.12 $21 $1 $10.50 $0 California Egg Reports Compiled by USDA Market News Service • Des Moines Shell egg marketer’s benchmark price for negotiated egg sales of USDA Grade AA and Grade AA in cartons, cents per dozen. This price does not reflect discounts or other contract terms. DAILY CALIFORNIA SHELL EGGS (USDA Market News) Des Moines, Iowa Jan. 15 Benchmark prices are steady. Asking prices for next week are 13 cents higher for Jumbo, 20 cents higher for Extra Large, 19 cents higher for Large and 23 cents higher for Medium and Small. The under- tone is higher. Offerings are light to moderate while sellers show increased confidence. Retail demand is fairly good to good with increased ad activity noted for next week. Food service sales are moderate to instances fairly good. Supplies continue mostly light to at times moderate. Market activity is moderate to active. Small benchmark price 95 cents. Size Range Size Range Jumbo 241 Extra large 209 Large 205 Medium 115 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 193-204 Extra large 135-147 Large 137-146 Medium 53-62 More markets on Page 16 4-1/#4x 4-4/#4