Capital press. (Salem, OR) 19??-current, July 01, 2016, Image 15

Historic Oregon Newspapers

Capital press., July 01, 2016, Page 15, Image 15

Image provided by: University of Oregon Libraries; Eugene, OR

About Capital press. (Salem, OR) 19??-current | View Entire Issue (July 1, 2016)

Prev Page of 32 Next Prev Issue Next Text PDF JP2 (1.4 MB) Clip/Print Image

Return to Top

Prev Page of 32 Next Prev Issue Next

Newspaper Page TextJuly 1, 2016 CapitalPress.com 15 Farm Market Report Hay Market Reports Compiled by USDA Market News Service • St. Joseph, Mo.-Portland Hay prices are dollars per ton or dollars per bale when sold to re- tail outlets. Basis is current delivery FOB barn or stack, or delivered customer as indicated. Grade guidelines used in this report have the following relation- ship to Relative Feed Value (RFV), Acid Detergent Fiber (ADF), TDN (Total Digestible Nutrients), or Crude Protein (CP) test num- bers: Grade RFV ADF TDN CP Supreme 185+ <27 55.9+ 22+ Premium 170-185 27-29 54.5-55.9 20-22 Good 150-170 29-32 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. June 24 This week FOB Last week Last year 17,800 20 38,330 Compared to June 17: All grades of export and domestic Alfalfa steady. Trade moderate this week even though most of the trade area had rain showers this week. Demand good for export quality and small square bale dairy and export Timothy hay. Retail/Feed- store steady in a light test. Demand remains good. Tons Price Alfalfa Mid Square Supreme 800 $160 Premium 250 $150 500 $150-165 Good/Prem. 250 $130 Fair/Good 1000 $130 500 $130 Alfalfa Small Square Premium 100 $180 60 $250 Good/Prem. 120 $170 Orchard Grass Small Square Good/Prem. 160 $175 Timothy Grass Mid Square Premium 7700 $180-200 Good/Prem. 1700 $150-175 Fair/Good 4000 $145 500 $80 Timothy Grass Small Square Good/Prem. 160 $165 OREGON AREA HAY (USDA Market News) Portland, Ore. June 24 This week FOB Last week Last year 932 1,233 702 Compared to June 17: Prices trended generally steady compared to week ago prices in a very limited test. Some hay producers are starting to cut, market and sell new crop hay. Some areas of Oregon have experienced some recent rains, de- laying cutting and harvest. All prices are in dollars per ton and FOB unless otherwise stated. Tons Price CROOK, DESCHUTES, JEFFERSON, WASCO COUNTIES Alfalfa Small Square Premium 14 $250 Fair 25 $185 Alfalfa/Orchard Mix Small Square Premium 7 $245 Orchard Grass Small Square Premium 10 $270 20 $240 Good 30 $220 50 $210 Timothy Grass Small Square Premium 18 $230 KLAMATH BASIN Alfalfa Mid Square Supreme 200 $175 Meadow Grass Small Square Premium 400 $240 LAKE COUNTY Alfalfa Large Square Fair 68 $130 Small Square Premium 60 $200 30 $200 EASTERN OREGON: No new sales conirmed. HARNEY COUNTY: No new sales conirmed. IDAHO HAY (USDA Market News) Moses Lake, Wash. June 24 This week FOB Last week Last year 6,000 800 7,000 Compared to June 17: All grades of Alfalfa weak. Trade slow to moderate with light to moderate demand. Retail/feed store/horse not tested this week. Tons Price Alfalfa Mid Square Supreme 2000 $125-137 Prem./Sup. 400 $115 Premium 400 $130 Good/Prem. 3000 $130 Good 200 $105 CALIFORNIA HAY (USDA Market News) Moses Lake, Wash. June 24 This week FOB Last week Last year 25,533 10,146 34,519 Compared to June 17: All classes traded steady with a irmer undertone for test hay. Demand moderate. According to the U.S. Drought Monitor, for the 7-day period ending June 21, hot weather intensiied or expanded from Southern California and the Southwest across the Plains and interior Southeast. Price of milk and strength of the dollar are impacting prices. Tons Price REGION 1: NORTHERN INTERMOUNTAIN Includes the counties of Siskiyou, Modoc, Shasta, Lassen, and Plumas. Alfalfa Supreme 1059 $160-180 Prem./Sup. 734 $160-175 Good/Prem. 500 $150 Good 416 2100 25 25 150 $155 $156 $261 $290 $100 Alfalfa/Orchard Mix Premium Orchard Grass Premium Wheat Good 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 $210 Good 650 $150 Fair 200 $90 Alfalfa/Orchard Mix Premium 75 $180 REGION 3: NORTHERN SAN JOAQUIN VALLEY Includes the counties of San Joaquin, Calaveras, Stanislaus, Tu- olumne, Mono, Merced and Mariposa. Alfalfa Supreme 50 $210 750 $215-225 Prem./Sup. 500 $190 50 $235 Premium 550 $170-185 $ 25 $310 Good/Prem. 100 $160 Good 1041 $150-170 150 $250-268 Fair 100 $125 200 $80 Alfalfa/Orchard Mix Premium 25 $210 Oat Good 50 $125 Wheat Good 1904 $70 1904 $85-90 Forage Mix-Three Way Good 1300 $65 REGION 4: CENTRAL SAN JOAQUIN VALLEY Includes the counties of Madera, Fresno, Kings, Tulare, and Inyo. Alfalfa Good 200 $170 200 $195 Wheat Good 100 $70 100 $95 REGION 5: SOUTHERN CALIFORNIA Includes the counties of Kern, Northeast Los Angeles, and West- ern San Bernardino. Alfalfa Premium 200 $200 Forage Mix-Three Way Good 50 $170 REGION 6: SOUTHEAST CALIFORNIA Includes the counties of Eastern San Bernardino, Riverside, and Imperial. Alfalfa Premium 600 $180 Good/Prem. 500 $150 Good 3000 $155 500 $110 Fair/Good 3000 $140 Bermuda Grass Premium 400 $140 Sudan Good/Prem. 2000 $140 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 June 23 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) FOB Kern County $7.75 Rail Los Angeles NA Truck Petaluma-Santa Rosa NA Stockton-Modesto-Oakdale-Turlock $9.60 CORN - U.S. No. 2 Yellow FOB Turlock-Tulare $8.65 Stockton-Modesto-Oakdale-Turlock $7.86 Kings-Tulare-Fresno NA Rail Single Car Units via BNSF Chino Valley-Los Angeles $9.18 Truck Petaluma-Santa Rosa NA Stockton-Modesto-Oakdale-Turlock $8.95 Los Angeles-Chino Valley NA Kings-Tulare-Fresno Counties $8.95 Glenn County NA SORGHUM - U.S. No. 2 Yellow Rail Los Angeles-Chino Valley via BNSF Single $9 Truck Modesto-Oakdale-Turlock NA OATS - U.S. No. 1 White Truck Petaluma $11 Stockton-Modesto-Oakdale-Turlock $11 Rail Petaluma NA 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 FOB Tulare NA WHEAT - U.S. Durum Wheat Truck Imperial County $10-10.40 Kings-Tulare-Fresno Counties NA WHEAT - Any Class for Feed FOB Tulare NA Kings-Tulare-Fresno Counties $8.55 Kern County $8.50 Truck/Rail Los Angeles-Chino Valley NA Truck Petaluma-Santa Rosa NA Stockton-Modesto-Oakdale-Turlock $9.10-9.35 Prices paid to California farmers, seven-day reporting period ending June 23: WHEAT, U.S. No. 1, Hard Amber Durum for Flour Milling Imperial Valley $10-10.40 Spot Del Locally PORTLAND GRAIN (USDA Market News) Portland June 23 PACIFIC NORTHWEST MARKET SUMMARY Cash wheat bids for June delivery ended the reporting week on Thursday, June 23, lower compared to June 16 noon bids for June delivery. July wheat futures ended the reporting week on Thursday, June 23, lower as follows compared to June 16 closes: Chicago wheat futures were 18.25 cents lower at $4.5425, Kansas City wheat fu- tures were 23 cents lower at $4.2775 and Minneapolis wheat futures trended 7.75 cents lower at $5.2150. Chicago July corn futures trended 38 cents lower at $3.8725 and July soybean futures closed 10 cents lower at $11.2450. Bids for U.S. 1 Soft White Wheat delivered to Portland in unit trains or barges during June for ordinary protein were not available as most exporters were not issuing bids for nearby delivery. There were no white club wheat premiums for this week. One year ago bids for U.S. 1 Soft White Wheat any protein for June delivery by unit trains and barges to Portland were not avail- able and bids for White Club Wheat were also not available. Forward month bids for soft white wheat ordinary protein were as follows: July $4.9925-5.33, August New Crop $5.0575-5.32, Sep- tember $5.0575- 5.37, October $5.2625-5.47. One year ago, forward month bids for soft white wheat for any protein were as follows: July was not available, August New Crop and September $5.85-6.32 and October $5.85-6.39. Bids for U.S. 1 Soft White Wheat guaranteed maximum 10.5 per- cent protein during June were not available as most exporters were not issuing bids for nearby delivery. There were no white club wheat premiums for guaranteed maxi- mum 10.5 percent protein soft white wheat this week compared to zero to 20 cents per bushel over soft white wheat bids last week. One year ago bids for U.S. 1 Soft White Wheat any protein for June delivery by unit trains and barges to Portland were $6.0650- 6.3650 and bids for White Club Wheat were also $6.0650-6.3650. Forward month bids for soft white wheat guaranteed 10.5 per- cent proteins were as follows: July $4.9925-5.25, August New Crop $5.0575-5.25, September $5.1075-5.30, and October $5.2625- 5.3125. One year ago, forward month bids for soft white wheat for any protein were as follows: July $6.3650-6.5250, August New Crop $6.37-6.72, and September $6.37-6.82. Bids for 11.5 percent protein U.S. 1 Hard Red Winter Wheat for June delivery were 18 to 28 cents per bushel lower compared to last week’s noon bids for June delivery. Some exporters were not issuing bids for nearby delivery. This week, bids were as follows: June $5.0775, July $4.9775-5.0775, August New Crop $550-5.2050, September $5.1550-5.2050, and October $5.3075-5.3575. Bids for non-guaranteed 14.0 percent protein U.S. 1 Dark North- ern Spring Wheat for Portland delivery during June were 7.75 to 12.75 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: June $6.1150-6.3150, July $6.0650-6.2650, August New Crop $6.11-6.16, September $6.11-6.21 and October $6.3050- 6.3550. COARSE FEEDING GRAINS Bids for U.S. 2 Yellow Corn delivered full coast Paciic North- west - BN shuttle trains for June delivery were 33 to 37 cents lower from $4.7625-4.8125 per bushel. Forward month corn bids were as follows: July $4.7625-4.8125, August $4.8650-4.8750, September $4.8350-4.8750, October/November $4.8175-4.8675 and Decem- ber $4.8375-4.8775. Bids for U.S. 1 Yellow Soybeans delivered full coast Paciic Northwest - BN shuttle trains for June delivery were 10 cents lower from $12.0250-12.0450 per bushel. Forward month soybean bids were as follows: July $12.0450-12.0650, Au- gust $12.0450, September $12.0950-12.1150, October/November $12.1150-12.1350 and December $12.07. Bids for U.S. 2 Heavy White Oats for June delivery trended steady at $3.92 per bushel. PACIFIC NORTHWEST EXPORT NEWS There were twelve grain vessels in Columbia River ports on Thursday, June 23, with four docked compared to twelve last week with ive docked. There were no new conirmed export sales this week from the Commodity Credit Corporation (CCC) of the USDA. 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. June 24 Current week Last week 566 1,361 Compared to Last Week: Slaughter market $3 higher headed into 4th of July. Tough day in the global markets, but steers mostly steady and heifers higher with few big bunches. Off lots and singles $25-50 below top. Slaughter cows: High yielding $69-73; $74- 78.50 high dress; Boning $61-68; Cutters $40-60. Bulls 1 and 2: $70-95. Feeder steers: 500-550 lbs. $136-150.50; 550- 600 lbs. $135-141; 600-650 lbs. $135-141.50; 650-700 lbs. $136; 750-800 lbs. $122-135; 800-900 lbs. $117-121.50; 900-1,000 lbs. $113- 119.50. Feeder heifers: 500-550 lbs. $129-142.50; 550- 600 lbs. $130-137.50; 600-650 lbs. $130-138; 800-900 lbs. $116-123.50. Pairs: No test. Calvy cows: 1 set of young 5-6 mo bred blacks $1700. Washington TOPPENISH (Toppenish Livestock Auction) (USDA Market News) Moses Lake, Wash. June 24 This week Last week Last year 1,360 1,700 1,750 No trends due to the market not reported the last two weeks. Trade active with good demand. Fed cattle prices fell hard last week. Slaughter cows 41 percent, slaughter bulls 10 percent, 20 percent replacement cows, and feeders 29 per- cent of the supply. The feeder supply included 67 percent steers and 33 percent heifers. Near 74 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. $166; 500-600 lbs. $149.50; 600-700 lbs. $135; 700-800 lbs. $131-140. Medium and Large 2-3: 500-600 lbs. $125; 600-700 lbs. $135; 700-800 lbs. $119-124.75. Large 1: 900-1000 lbs. $120. Feeder Holstein Steers: Large 2-3: 500-600 lbs. $110; 600-700 lbs. $100-105; 700-800 lbs. $101. Feeder Bulls: Medium and Large 1-2: 300-400 lbs. $137. Feeder Heifers: Medium and Large 1-2: 400- 500 lbs. $141; 600-700 lbs. $126; 700-800 lbs. $119. Medium and Large 2-3: 500-600 lbs. $115- 122.50; 600-700 lbs. $129.50; 700-800 lbs. $115- 121.75. Slaughter Cows: Boning 80-85 percent lean 1400-2150 lbs. $70-75; Lean 85-90 percent lean 1200-1700 lbs. $73-78; Lean Light 90 percent lean 900-1200 lbs. $60-64. Slaughter Bulls: Yield Grade 1-2 1500-2400 lbs. $91-97. Cow/Calf Pairs (Per Pair): Medium and Large 1-2: Young (3-4 yrs. old) 1000-1400 lbs. $1725- 2025 with 150-250 lbs. calves; Broken Mouth 1100 lbs. $1175 with 100-150 lbs. calves. Bred Heifers (Per Head): Medium and Large 1-2: 1100-1200 lbs. 3-6 mos. bred $1825-1910. Bred Cows (Per Head): Medium and Large 1-2: Young (4-5 yrs. Old) 1300-1550 lbs. $1450-1525 6-9 mos. bred; Mid-Aged (9-10 yrs. old) 1400 lbs. $1100 6-9 mos. bred. Idaho CALDWELL (Treasure Valley Livestock) June 17 Steers (wt.): 400-500 lbs. $81; 500-600 lbs. $79; 600-700 lbs. $70; 700-800 lbs. $66; 800 lbs and up $70. Steers (hd.): 100-200 lbs. $250; 300-400 lbs. $305; 400-500 lbs. $460. Heifers (wt.): 500-600 lbs. $55; 600-700 lbs. $123.50; 700-800 lbs. $59; 800-900 lbs. $74; 900-1000 lbs. $65; 1000-1100 lbs. $68; 1100- 1200 lbs. $80; 1200 lbs and up $87. Heifers (hd.): 100-200 lbs. $120; 300-400 lbs. $260. Bull Calf (wt.): 400-500 lbs. $65. Bull Calf (hd.): 100-200 lbs. $45. Cows (wt.): 900-1000 lbs. $72.50; 1200-1300 lbs. $62; 1300-1400 lbs. $57.50; 1400-1500 lbs. $65; 1500-1600 lbs. $70; 1600-1700 lbs. $73; 1700-1800 lbs. $74; 1800-1900 lbs. $75; 1900- 2000 lbs. $79.50. Holstein Bulls (wt.): 900-1000 lbs. $73.50; 1100-1200 lbs. $75; 1500 lbs and up $89.50. Oregon EUGENE (Eugene Livestock Auction) Junction City, Ore. June 25 Market conditions compared to last week: Cows and bulls steady; feeders steady. Total head count: 377. Top cows: High dressers $64-77, low dressers $53-63; top 10 cows $63.15. Top bulls: High dressers $81-99.50. Feeder Bulls: 300-500 lbs. $110-136; 500-700 lbs. $90-120; 700-900 lbs. $88.50-100. Choice steers: Medium to large frame No. 1 and No. 2: 300-400 lbs. $160; 400-500 lbs. $118.50-144; 500-600 lbs. $120-137.50; 600-700 lbs. $110-128.50; 700-800 lbs. $102-124; 800- 900 lbs. $106-118.50. Choice heifers:Medium to large frame No. 1 and No. 2: 300-400 lbs. $123-132.50; 400-500 lbs. $110-132; 500-600 lbs. $110-126.50; 600- 700 lbs. $105-120; 700-800 lbs. $105-117.75; 800 up lbs. $110. Bred Cows: $600-1095 head. Head calves (up to 250 lbs.): BEEF $295-360 head; Dairy $70 head. Feeder lambs: 50 - 90 lbs. $125-161; 90-130 lbs. $110-150. VALE (Producers Livestock Market) June 22 Total receipts: 318 head. Comments: Not enough feeder cattle and year- lings to truly test the market. Steer calves: 500-600 lbs. $144-153. Heifer calves: 300-400 lbs. $148-163. Yearling steers: 600-700 lbs. $134-143; 700- 800 lbs. $127-134; 800-900 lbs. $116-127; 900- 1000 lbs. $108-117. Yearling heifers: 600-700 lbs. $123-128; 700- 800 lbs. $117-124. Light Holstein steers, 600 lbs. and under: NA. Light Holstein steers, 700 lbs. and over: NA. Stock cows (young): NA. Stock cows (B.M.): NA. Pairs, young: 1235-1710. Butcher cows: $68-77. Thin shelly cows: $54-66. King Brothers’ Alamo Ranch in New Mexico sells By SUSAN MONTOYA BRYAN Associated Press RIO RANCHO, N.M. (AP) — A sprawling New Mexico ranch owned by the family of former Gov. Bruce King has been sold, according to the real estate group that listed the property earlier this year. Purchased by the late King and his brothers in 1961, Ala- mo Ranch is considered part of one of the state’s legacy ranch- es. It stretches across more than 100 square miles of high desert hills, prairies of native grass and arroyos in Sandoval County. The ranch went on the mar- ket in February for $33 mil- lion. It sold for an undisclosed price on June 14. Hall and Hall Real Estate partner Jeff Buerger declined to release any details about the new owners, noting that the transaction has been discreet. The ranch has views of the Jemez Mountains to the north, Albuquerque’s city lights to the southeast and Mount Tay- lor on the west. It’s bordered by two Native American pueb- los and unincorporated land adjacent to Rio Rancho. While the property has po- tential given its proximity to one of the state’s fastest-grow- ing cities, Buerger said there are no plans to develop the land. He called the sale signif- icant. “It’s been in the same fam- ily since 1961,” he said. “It’s unusual to ind a chunk of ground that big with that prox- imity in that location. That’s for sure.” The Alamo Ranch is a working ranch that’s made up of more than 93 square miles of deeded land and another 21 square miles of leased prop- erty. It supports a year-round cattle operation with herds that have ranged from 400 to 1,200 depending on drought condi- tions. There are no public roads through the ranch, but there are numerous earthen stock tanks on the property along with cat- tle pens, a ranch headquarters, two wells and an assortment of wildlife. 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. June 24 Domestic wool trading on a clean basis has been slow, there were 128,758 lbs. of conirmed trades reported this week. Most of the shearing has now been completed and a majority of the warehouses are starting to go to a cleanup mode. There are still some trades that will be taking place as the season will start to wind down and head into the typical offseason. Wool this year has been sold mostly at a range of 80-85 per- cent of Australia. A majority of core samples this year have re- lected higher yields across the trading regions, which indicates it was a good overall season for growing wool. Domestic wool trading on a greasy basis was very active this week. There were 373,057 lbs. of conirmed trades reported. All trades reported on a weighted average. Fleece States Ewe Wool: 70-75 mm 22 micron $1.81; 65-70 mm 24 micron $1.61; 60-65 mm 25 micron $1.42; 65-70 mm 26 micron $1.39. Yearling Wool: 60-65 mm 20 micron $1.98; 60- 65 mm 24 micron $1.37; 60-65 mm 25 micron $1.28. Lamb Wool: 50-55 mm 20 micron $1.55; 55-60 mm 23 micron $1.35; 50-55 mm 24 micron $1.15; 65-70 mm 25 micron $1.47; 65-70 mm 26 micron $1.36; 55-60 mm 29 micron $0.88; 55-60 mm 30 micron $0.85. Territory Ewe Wool: 70-75 mm 21 micron $1.99; 60-65 mm 22 micron $1.65; 65-70 mm 23 micron $1.75; 70-75 mm 24 micron $1.77. Year- ling Wool: 60-65 mm 22 micron $1.57. Domestic wool tags No. 1 $.60-.70 No. 2 $.50-.60 No. 3 $.40-.50 NATIONAL SHEEP SUMMARY (USDA Market News) San Angelo, Texas June 24 Compared to June 17: Slaughter lambs were very uneven, mostly steady to $5 higher, except light lambs at New Holland, Pa., $10-15 lower. Slaughter ewes were mostly steady. Feeder lambs were irm to sharply higher. At San Angelo, Texas, 8,071 head sold. No sales in Equity Electronic Auction. In direct trading slaughter ewes were not tested and feeder lambs were irm to $7 higher. 2,000 head of negotiated sales of slaughter lambs were sharply higher. 7,600 head of formula sales had no trend due to conidentiality. 4,275 lamb carcasses sold with 45 lbs. and down $4.85 lower; 45-65 lbs. no trend due to conidentiality; 65-85 lbs. $4.38- 6.89 higher and 85 lbs. and up no trend due to conidentiality. SLAUGHTER LAMBS Choice and Prime 2-3: San Angelo: shorn and wooled 100-135 lbs. $130-144. SLAUGHTER LAMBS Choice and Prime 1: San Angelo: 40-60 lbs. $200-226; 60-70 lbs. $162-186, few $188-190; 70-80 lbs. $150-166, few $168-170; 80-90 lbs. $140-156, few $160- 162; 90-110 lbs. $140-156, few $158-160. DIRECT TRADING (Lambs with 3-4 percent shrink or equivalent): 2,000 Slaughter Lambs shorn and wooled 126- 169 lbs. $130-170 (wtd avg $159.33). California: 1,500 Feeder Lambs 95-105 lbs. $182; 110-120 lbs. $172. 1,000 Feeder Lambs 95-105 lbs. shorn $180. SLAUGHTER EWES: San Angelo: Good 2-3 (leshy) $47-53; Utility and Good 1-3 (medium lesh) $58-70; Utility 1-2 (thin) $45-59; Cull and Utility 1-2 (very thin) $40- 45; Cull 1 (extremely thin) $24-38. FEEDER LAMBS Medium and Large 1-2: San Angelo: 50-60 lbs. $208-216; 60-70 lbs. $180-191, few $197.75; 70-90 lbs. $172.50-188; 90-110 lbs. $170-178. REPLACEMENT EWES Medium and Large 1-2: San Angelo: hair ewe lambs 60-95 lbs. $176- 192 cwt, few $206 cwt; mixed age hair ewes 90- 150 lbs. $940-1280 cwt. NATIONAL WEEKLY LAMB CARCASS Choice and Prime 1-4: Weight Wtd. avg. 45 lbs. Down $490.66 45-55 lbs. Price not reported due to conidentiality 55-65 lbs. Price not reported due to conidentiality 65-75 lbs. $304.66 75-85 lbs. $291.19 85 lbs. and up Price not reported due to conidentiality Sheep and lamb slaughter under federal in- spection for the week to date totaled 37,000 compared with 37,000 last week and 38,000 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 relect discounts or other contract terms. DAILY CALIFORNIA SHELL EGGS (USDA Market News) Des Moines, Iowa June 24 Benchmark prices are steady. Asking prices for next week are 18 cents higher for Jumbo, 19 cents higher for Extra Large, 17 cents higher for Large and 10 cents higher for Medium and Small. The undertone is steady to higher. Demand is mostly moderate to occasionally fairly good into retail and food service accounts. Offerings are very light for Jumbo, light for Extra Large and light to usually moderate on the balance of sizes. Supplies are light to moderate. Market activity is moderate. Small benchmark price 70 cents. Size Range Size Range Jumbo 141 Extra large 118 Large 109 Medium 90 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 93-104 Extra large 44-55 Large 40-49 Medium 28-37 Cattle Market Reports Compiled by USDA Market News Service • Oklahoma City-Des Moines-St. Joseph, Mo.-Moses Lake, Wash. Cattle prices in dollars per hundredweight (cwt.) except some replacement animals per pair or head as indicated. NATIONAL FEEDER AND STOCKER CATTLE (Federal-State Market News) St. Joseph, Mo. June 24 This week Last week Last year 160,700 227,100 254,800 Compared to June 3: Yearling feeder cattle sold mostly $5-10 lower. Steer and heifer calves traded mostly $2-5 lower. Areas seeing up to $10 to $15 declines. Market fundamentals remained negative early in the week, as cattle futures continued to sell off, the previous week’s fed cattle trade was lower and summer made her presence known with temps in the 90s coupled with high humidity, heat indexes are rising well above 100. Very light feeder cattle receipts seen this week due to the extremely high temps and high hu- midity, deterred producers from working cattle as to limit any additional stress to livestock. Early in the trading session, cattle futures appear to be quite oversold and the cash weakness and inspiration to cover shorts has buyers picking around the edges. Corn futures remained on a downward decline throughout the trading period. The 5-Area trading region live cattle prices were mostly $3 to $5 lower at $116 on moderate volume. By mid-week cattle futures began to show strength, resulting in the appearance that the live cattle market had found a comfortable trading level for the time being. The beef cutout has lost ground all week and packer margins are historically wide for any time of the year. On June 23 Choice cutout was down $6.37 at $215.46 and Select down $1.27 at $198.34 com- pared to the June 16. The Choice-Select spread came closer together this week to around the 17 mark. This was after a couple weeks of seeing a spread in the $21-23 range. On June 10, the spread reached an all-time up of $23.81. The last time we saw the Choice premium over Select at such levels was in June of 2006. Packers have been pushing big slaughters while they are proitable with weekly estimates totaling 608,000 head. Futures markets seem to have already igured in another expected bearish monthly cattle on feed report which will also be released at the end of the week. One thing that wasn’t accounted for was the potential impact across the globe that could come with Britain voting to exit the European Union. That announcement was made early June 24 and only time will tell what really results from that, but markets showed a swift knee jerk and opened the day extremely lower. Corn and soybean conditions were relatively unchanged this week in USDA’s weekly crop re- port with corn conditions being 60 percent good and 15 percent excellent. Soybeans were 62 percent good to 12 percent excellent and with 96 percent of the soybean crop planting completed. Winter wheat is 25 percent harvested with winter wheat conditions staying constant from 49 percent good to excellent at 12 percent. Auction volume was 52 percent over 600 lbs. and 41 percent heifers. AUCTIONS This week Last week Last year 126,900 124,000 130,100 WASHINGTON 1,500. 75 pct over 600 lbs. 33 pct heifers. Steers: Medium and Large 1-2 700- 750 lbs. $134.72. DIRECT This week Last week Last year 32,400 20,100 65,500 SOUTHWEST (Arizona-California-Nevada) 1,200. No cattle over 600 lbs. No heifers. Hol- steins: Large 3 325 lbs. $125 October Del; 325 lbs. $125 November Del. NORTHWEST (Washington-Oregon-Ida- ho) 3,100. 68 pct over 600 lbs. 13 pct heifers. Steers: Large 1 Current FOB Price 950-1000 lbs. $117-119 Oregon. Current Delivered Price: 900-950 lbs. $129-134.50 Idaho. Medium and Large 1-2 Future Delivery FOB Price: 500 lbs. $161-162.50 September-December Idaho; 550-600 lbs. $139-149 September-Decem- ber Washington- Oregon-Idaho; 600-650 lbs. $133.50-144 calves for October-December Oregon-Washington-Idaho; 800-850 lbs. $128 for December Oregon. Large 1: 900 lbs. $130 for September Idaho. Heifers: Large 1-2 Future Delivery FOB Price: 450-500 lbs. $145.50 for September Idaho; 550-600 lbs. $127-135.50 for October-December Washington-Oregon-Idaho. NORTHWEST DIRECT CATTLE (USDA Market News) Moses Lake, Wash. June 24 This week Last week Last year 3,050 971 5,750 Compared to June 24: Feeder cattle $7-8 lower. Trade slow to moderate. Demand light to moderate. The feeder supply included 87 percent steers and 13 percent heifers. Near 68 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: Large 1: Current FOB Price: 950-1000 lbs. $117-119 Oregon. Current Delivered Price: 900-950 lbs. $129-134.50 Idaho. Medium and Large 1-2: Future Delivery FOB Price: 500 lbs. $161-162.50 September-December Idaho; 550- 600 lbs. $139-149 September-December Wash- ington-Oregon-Idaho; 600-650 lbs. $133.50-144 calves for October-December Oregon-Washing- ton-Idaho; 800-850 lbs. $128 for December Ore- gon. Large 1: 900 lbs. $130 for September Idaho. Heifers: Large 1-2: Future Delivery FOB Price: 450-500 lbs. $145.50 for September Idaho; 550- 600 lbs. $127-135.50 for October-December Washington-Oregon-Idaho. NATIONAL SLAUGHTER CATTLE (USDA Market News) Oklahoma City, Okla. June 24 Slaughter cattle sold on a live basis in Texas and Kansas mostly $4-7 lower and dressed sales in Nebraska traded $7-10 lower. Boxed Beef prices June 24 averaged $205.85 down $4.87 from last Friday. The Choice/Select spread is $16.03. Slaughter cattle on a national basis for negotiated cash trades through June 24 totaled about 55,010 head. The previous week’s total head count was 58,830 head. Midwest Direct Markets: Live Basis: Steers and Heifers: $116-117 Dressed Basis: Steers and Heifers $186-188. South Plains Direct Markets: Live Basis: Steers and Heifers $116. Slaughter Cows and Bulls (Average Yielding Prices): Slaughter cows and bulls mostly steady to $3 higher. Cutter Cow Carcass Cut-Out Value was $173.41 down $32 from June 16.