July 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.