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
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