July 29, 2016
CapitalPress.com
13
Farm Market Report
Hay Market Reports
Potato 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
OREGON AREA HAY
(USDA Market News)
Portland, Ore.
July 22
This week FOB
Last week
Last year
6,827
5,212
6,172
Compared to July 15: Most demand lies with the retail/stable hay.
Recent rain storms have slowed movement this past week. Many
hay producers are selling or have already sold most of their irst
cutting hay, and are working on second cutting resulting in higher
volumes of hay moving.
Tons Price
CROOK, DESCHUTES, JEFFERSON, WASCO COUNTIES
Alfalfa Small Square
Premium
2
$225
Good/Prem. 25
$200
Alfalfa/Orchard Mix
Small Square
Premium
5
$220
Orchard Grass Small Square Premium
25
$210
Good
5
$150
Meadow Grass Small Square Premium
25
$215
Mixed Grass Small Square
Premium
15
$200
Orchard/Bluegrass
Small Square
Premium
20
$230
Barley Small Square
Premium
5
$180
EASTERN OREGON
Alfalfa Large Square
Good/Prem. 1850 $125
Timothy Grass Small Square Premium
20
$170
HARNEY COUNTY
Alfalfa Large Square
Premium
130
$180
Orchard/Timothy Small Square Good/Prem. 1050 $175
KLAMATH BASIN
Alfalfa Large Square
Fair
120
$100
Alfalfa/Orchard Mix
Small Square
Premium
12
$220
LAKE COUNTY
Alfalfa Large Square
Premium
20
$200
Small Square
100
15
Good/Prem. 25
Premium
30
20
Good/Prem. 30
Good
10
Premium
150
$270
$150
$150
$175
$200
$175
$200
$200
Orchard Grass Small Square
Timothy Grass Large Square
Alfalfa/Triticale Mix
Large Square
Fair
200
$125
WASHINGTON-OREGON HAY
(Columbia Basin)
(USDA Market News)
Moses Lake, Wash.
July 22
This week FOB
Last week
Last year
20,860
39,000
8,585
Compared to July 15: All grades of Export and Domestic Alfalfa
and export Timothy steady to weak. Thunderstorms across the trade
area this week slowed trade. Trade moderate to active this week
with moderate to good demand. Retail/Feedstore steady in a light
test. Demand remains good.
Tons Price
Alfalfa Mid Square
Prem/Sup. 50
$160
Good/Prem. 5000 $150
Good/Prem. 5950 $125-150
Alfalfa Small Square
Good/Prem. 30
$175
Good/Prem. 250
$120
Alfalfa/Orchard Mix
Small Square
Good/Prem. 30
$185
Orchard Grass Small Square Premium
175
$220-230
Timothy Grass Mid Square
Premium
4500 $180-200
Good
2750 $145-150
Good/Prem. 2125 $125-130
CALIFORNIA HAY
(USDA Market News)
Moses Lake, Wash.
July 22
This week FOB
Last week
Last year
16,900
15,090
6,297
Compared to July 15: All classes traded steady. Demand moder-
ate. According to the U.S. Drought Monitor, this is the dry season
for the West Coast, so changes to the Drought Monitor are very
rare this time of year.
Tons Price
REGION 1: NORTHERN INTERMOUNTAIN
Includes the counties of Siskiyou, Modoc, Shasta, Lassen, and Plumas.
Alfalfa
Supreme
750
$160
225
$165
Premium
300
$120
Wheat
Good
220
$80
REGION 2: SACRAMENTO VALLEY
Includes the counties of Tehama, Glenn, Butte, Colusa, Sutter,
Yuba, Sierra, Nevada, Placer, Yolo, El Dorado, Solano, Sacramento.
Alfalfa
Good
150
$130
Good/Prem. 50
$120
Fair
425
$100-125
Forage Mix-Three Way
Good
100
$65
REGION 3: NORTHERN SAN JOAQUIN VALLEY
Includes the counties of San Joaquin, Calaveras, Stanislaus, Tu-
olumne, Mono, Merced and Mariposa.
Alfalfa
Supreme
55
$210
975
$225-230
Premium
100
$180
Fair
1000 $110
2000 $103
175
$95
1000 $125
2000 $115
Utility/Fair 225
$80
REGION 4: CENTRAL SAN JOAQUIN VALLEY
Includes the counties of Madera, Fresno, Kings, Tulare, and Inyo.
Alfalfa
Good
300
$195
25
$325
Fair
5000 $125
Forage Mix-Three Way
Good
100
$100
REGION 5: SOUTHERN CALIFORNIA
Includes the counties of Kern, Northeast Los Angeles, and West-
ern San Bernardino.
No sales reported.
REGION 6: SOUTHEAST CALIFORNIA
Includes the counties of Eastern San Bernardino, Riverside, and
Imperial.
Alfalfa
Good
325
$110
Good/Prem. 100
$80
150
$90
Fair
1150 $90
IDAHO HAY
(USDA Market News)
Moses Lake, Wash.
July 22
This week FOB
Last week
Last year
500
8,100
2,800
Compared to July 15: Export Alfalfa steady in a light test. Other
grades not tested this week. Trade slow with very light demand. Re-
tail/feed store/horse not tested this week.
Tons Price
Alfalfa Mid Square
Premium
500
$135
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
July 21
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
NA
Rail
Los Angeles
NA
Truck
Petaluma-Santa Rosa
NA
Kings-Tulare-Fresno Counties
$8.70
CORN-U.S. No. 2 Yellow
FOB
Turlock-Tulare
$7.84
Stockton-Modesto-Oakdale-Turlock NA
Kings-Tulare-Fresno
$6.95-7.50
Rail
Single Car Units via BNSF
Chino Valley-Los Angeles
$8.18-8.22
Truck
Petaluma-Santa Rosa
NA
Stockton-Modesto-Oakdale-Turlock $8.15
Kings-Tulare-Fresno Counties
$8.15
SORGHUM-U.S. No. 2 Yellow
Rail
Los Angeles-Chino Valley
via BNSF Single
$8.04
Truck
Modesto-Oakdale-Turlock
NA
OATS-U.S. No. 1 White
Truck
Petaluma
NA
Rail
Petaluma
NA
WHEAT-U.S. No. 2 or better-Hard Red Winter
(Domestic Values for Flour Milling)
Los Angeles 12 percent Protein
NA
Los Angeles 14 percent Protein
NA
Truck/Rail Los Angeles 11-12 percent Protein
Los Angeles 13 percent Protein
NA
FOB
Tulare-Kern-Merced
NA
WHEAT-U.S. Durum Wheat
Truck
Imperial County
$9
WHEAT-Any Class for Feed
FOB
Tulare
NA
Kings-Tulare-Fresno Counties
$8
Truck/Rail Los Angeles-Chino Valley
NA
Truck
Petaluma-Santa Rosa
NA
King-Tulare-Fresno Counties
NA
Kern County
NA
Prices paid to California farmers, seven-day reporting period
ending July 14:
WHEAT, U.S. No. 1, Hard Amber Durum for Flour Milling
Imperial
$9.00
Spot
Del locally
PORTLAND GRAIN
(USDA Market News)
Portland
July 21
PACIFIC NORTHWEST MARKET SUMMARY
Cash wheat bids for July delivery ended the reporting week on
Thursday, July 21, were mixed, mostly lower compared to last
week’s noon bids for July delivery.
September wheat futures ended the reporting week on Thursday,
July 21, lower as follows compared to July 15 closes: Chicago wheat
futures were 16.25 cents lower at $4.1775, Kansas City wheat fu-
tures were 10.25 cents lower at $4.0750 and Minneapolis wheat
futures trended 13.75 cents lower at $4.8625. Chicago September
corn futures trended 23.50 cents lower at $3.3425 and August soy-
bean futures closed 51.25 cents lower at $10.3250.
Bids for U.S. 1 Soft White Wheat delivered to Portland in unit
trains or barges during July for ordinary protein trended 2.25 to 28
cents per bushel lower compared to week ago prices for the same
delivery period at $4.9775-5.18.
Some exporters were not issuing bids for nearby delivery. White
club wheat premiums were zero to 10 cents per bushel over soft
white wheat bids this week and last week.
One year ago bids for U.S. 1 Soft White Wheat any protein for July
delivery by unit trains and barges to Portland were not available and
bids for White Club Wheat were also not available.
Forward month bids for soft white wheat ordinary protein were as
follows: August New Crop $4.9775-5.18 and September $4.9775-
5.24.
One year ago, forward month bids for soft white wheat for any
protein were as follows: August New Crop through November not
available.
Bids for U.S. 1 Soft White Wheat guaranteed maximum 10.5 per-
cent protein during July trended 11.25 to 16.25 cents per bushel
lower than week ago prices for the same delivery period at $4.9775-
5.1275.
Some exporters were not issuing bids for nearby delivery.
White club wheat premiums for guaranteed maximum 10.5 per-
cent protein soft white wheat this week were zero to ten cents per
bushel over soft white wheat bids this week and last week.
One year ago bids for U.S. 1 Soft White Wheat any protein for July
delivery by unit trains and barges to Portland were $6.4975-6.62
and bids for White Club Wheat were also $6.4975-6.62.
Forward month bids for soft white wheat guaranteed 10.5 per-
cent proteins were as follows: August New Crop and September
$4.9775-5.1775.
One year ago, forward month bids for soft white wheat for any
protein were as follows: August New Crop and September $6.4975-
6.6975, October and November $6.5325-6.8325.
Bids for 11.5 percent protein U.S. 1 Hard Red Winter Wheat for
July delivery were mixed, from 5.25 cents lower to 4.75 cents per
bushel lower compared to July 15 noon bids for July delivery. Some
exporters were not issuing bids for nearby delivery. Bids were as fol-
lows: July $4.9250-5.0250, August New Crop $4.7750-5.0750, Sep-
tember $4.9250-5.0750, October and November $5.1350-5.3850.
Bids for non-guaranteed 14.0 percent protein U.S. 1 Dark North-
ern Spring Wheat for Portland delivery during July were 8.75 to
13.75 cents per bushel higher than July 15 noon bids for the same
delivery period. Some exporters were not issuing bids for nearby de-
livery. Bids for non-guaranteed 14 percent protein were as follows:
July $5.6625-5.8125, August New Crop and September $5.6625-
5.9125, October and November $6.1225.
COARSE FEEDING GRAINS
Bids for U.S. 2 Yellow Corn delivered full coast Paciic Northwest
- BN shuttle trains for July delivery were 13.50 to 17.50 cents lower
from $4.4425-4.4825 per bushel.
Forward month corn bids were as follows: August $4.4625-
4.5025, September $4.4425-4.4925, October $4.4075-4.4175, No-
vember $4.4075-4.4275 and December $4.4275-4.4475.
Bids for U.S. 1 Yellow Soybeans delivered full coast Paciic
Northwest - BN shuttle trains for July delivery were 49.25 to 51.25
cents lower from $11.3250 per bushel. Forward month soybean bids
were as follows: August $11.3250, September $11.3750, October
$11.3950, November $11.3750 and December $11.3275-11.3475.
Bids for U.S. 2 Heavy White Oats for June delivery trended steady
at 3.1925 per bushel.
PACIFIC NORTHWEST EXPORT NEWS
There were 12 grain vessels in Columbia River ports on Thurs-
day, July 21, with ive docked compared to eight last week with two
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.
July 22
Current week Last week
389
1,760
Compared to July 15: Slaughter cows $3 high-
er.
Slaughter cows: High yielding $71-76; $77-85
high dress; Boning $66-71; Cutters NA.
Bulls 1 and 2: $80-97.
Feeder steers: 650-700 lbs. $120-130; 700-750
lbs. $118-127.50; 750-800 lbs. $124-128.50; 800-
900 lbs. $123-128.50.
Feeder heifers: 550-600 lbs. $123-127; 600-
650 lbs. $123.50; 650-700 lbs. $115-123.50; 700-
750 lbs. $115-125.
Calvy cows: No test.
Pairs: Few $1800-2175.
Washington
TOPPENISH
(Toppenish Livestock Auction)
(USDA Market News)
Moses Lake, Wash.
July 22
This week
Last week
Last year
1,250
2,200
1,600
Compared to July 15 at same market: Stocker
and feeder cattle $4-8 lower in a light test. Trade
slow to moderate with light to moderate demand
and light buyer attendance. Slaughter cows and
bulls $2-3 lower. Trade moderate with moderate
demand. Slaughter cows 58 percent, Slaughter
bulls 10 percent, and feeders 32 percent of the
supply. The feeder supply included 63 percent
steers and 37 percent heifers. Near 63 percent of
the run weighed over 600 lbs.
Feeder Steers Medium and Large 1-2: 400-500
lbs. $149; 600-700 lbs. $139.50; 700-800 lbs.
$126-131; 700-800 lbs. $121.50, Full. Medium
and Large 2-3: 600-700 lbs. $134. Large 1: 1000-
1100 lbs. $98-113.
Holstein Steers Medium and Large 3-4:
400-500 lbs. $93.50. Large 2-3: 300-400 lbs.
$108.50-110; 400-500 lbs. $98.50; 500-600 lbs.
$97.75-99.75.
Bulls Medium and Large 1-2: 300-400 lbs.
$162.50.
Feeder Heifers Medium and Large 1-2: 200-
300 lbs. $360, Per Head; 500-600 lbs. $133;
600-700 lbs. $125-133.75; 700-800 lbs. $119.50-
123.50; 800-900 lbs. $116.50. Large 1: 900-1000
lbs. $107.50-110.50; 1000-1100 lbs. $99.50.
Large 2-3: 1100-1200 lbs. $89.75.
Slaughter Cows: Boning 80-85 percent lean
1300-1900 lbs. $74-79; Lean 85-90 percent lean
1300-1800 lbs. $73-79.50; Lean Light 90 percent
lean 900-1300 lbs. $63-68.
Slaughter Bulls: Yield Grade 1-2 1400-2400
lbs. $87-94.
Bred Cows (Per Head): Medium and Large 1-2:
Few Young to Aged (3-10 yrs. old) 1000-1350 lbs.
$925-985 1-3 mos. bred.
Oregon
EUGENE
Eugene Livestock Auction
Junction City, Ore.
July 23
Market conditions compared to last week:cows
and bulls steady. Feeders steady on a light test.
Head count: 249.
Top cows: High dressers $62-71.75, low dress-
ers $51-61.75; Top 10 cows $63.63.
Top bulls: High dressers $72-86.
Feeder Bulls: 300-500 lbs. $80-135; 500-700
lbs. $95-131; 700-900 lbs. $98-124.50.
Choice steers: Medium to large frame No. 1
and No. 2: 400-500 lbs. $120-146.50; 500-600
lbs. $120-136.50; 600-700 lbs. $105-127.50; 700-
800 lbs. $128; 800-900 lbs. $112-128.
Choice heifers: Medium to large frame No. 1
and No. 2: 300-400 lbs. $130-145; 400-500 lbs.
$120-137; 500-600 lbs. $120-133; 600-700 lbs.
$110.
Bred Cows: $860 head.
Pairs: $960 pair.
Head calves (up to 250 lbs.): Beef $350-480
head; Dairy $40-60 head.
Feeder lambs: 50-90 lbs. $140-173; 90-130 lbs.
$110-152.
MADRAS
(Central Oregon Livestock Auction)
July 18
Total head count: 237.
Baby calves: NA.
Steers: 300-400 lbs. $140-150; 400-500 lbs.
$135-150; 500-600 lbs. $135-145; 600-700 lbs.
$130-140; 700-800 lbs. $125-130; 800-900 lbs.
$118-125.
Bulls: High yield. $94-97; Mostly $93; Thinner
$85-93.
Pairs: NA.
Bred cows: NA.
Heifers: 300-400 lbs. $140-150; 400-500 lbs.
$135-145; 500-600 lbs. $125-135; 600-700 lbs.
$120-125; 700-800 lbs. $115-120.
Heiferettes: 850-1000 lbs. $100-115.
Cows: Heiferettes $90; Fleshy cows $75; high-
yield $80; medium-yield $73; low-yield $65.
VALE
(Producers Livestock Market)
July 20
Total receipts: 350 head.
Comments: Steady market with moderate de-
mand throughout. Not enough feeder cattle to
truly test the market; butcher cow market steady
to $2 higher.
Steer calves: 400-500 lbs. $141-156; 500-600
lbs. $142-149.
Heifer calves: 400-500 lbs. $124-135; 500-600
lbs. $126-133.
Yearling steers: 600-700 lbs. $132-138; 700-
800 lbs. $128-136; 800-900 lbs. $119-127; 900-
1000 lbs. $117-126.
Yearling heifers: 600-700 lbs. $123-130; 700-
800 lbs. $104-114; 800-900 lbs. $118-126.
Light Holstein steers, 600 lbs. and under: NA.
Light Holstein steers, 700 lbs. and over: NA.
Stock cows (young): NA. Stock cows (B.M.):
$1000-1250.
Pairs, young: $1250-1525.
Butcher cows: $72-84.
Thin shelly cows: $53-68.
Idaho
CALDWELL
(Treasure Valley Livestock)
June 24
Steers (wt.): 500-600 lbs. $88.50; 600-700 lbs.
$80; 700-800 lbs. $88; 800 lbs and up $71.
Steers (hd.): 100-200 lbs. $215; 300-400 lbs.
$320.
Heifers (wt.): 300-400 lbs. $100; 400-500 lbs.
$90.75; 500-600 lbs. $80; 600-700 lbs. $77.75;
800-900 lbs. $85.50; 900-1000 lbs. $89.50; 1000-
1100 lbs. $90.25; 1100-1200 lbs. $80.25; 1200 lbs
and up $81.50.
Heifers (hd.): 100-200 lbs. $130; 300-400 lbs.
$315.
Bull Calf (wt.): NA.
Bull Calf (hd.): 400-500 lbs. $230.
Cows (wt.): 1100-1200 lbs. $61.25; 1200-1300
lbs. $47.75; 1300-1400 lbs. $73.75; 1400-1500
lbs. $66.75; 1500-1600 lbs. $77.25; 1600-1700
lbs. $77.25; 1700-1800 lbs. $75.25; 1800-1900
lbs. $70.50;
2000 lbs and up $61.
Heiferettes (wt.): NA. Holstein Bulls (wt.): NA.
McDonald’s U.S. sales disappoint amid turnaround efforts
NEW YORK (AP) — Mc-
Donald’s reported disappoint-
ing sales growth in the United
States for the second quarter
on Tuesday as the world’s big-
gest burger chain keeps tout-
ing its all-day breakfast menu
amid its turnaround efforts.
Shares were down 3 per-
cent before the opening bell.
The Oak Brook, Illi-
nois-based company said
sales rose 1.8 percent at es-
tablished U.S. locations in
the period. Analysts expected
growth of 3.4 percent, accord-
ing to FactSet.
The company did not say
how much of the sales in-
crease — if any — was from
a rise in customer visits, rath-
er than factors such as higher
pricing or people trading up
to pricier items. McDon-
ald’s noted that it was still
the fourth straight quarter in
which comparable-store sales
rose in the U.S., despite “soft-
ening industry growth.”
Last week, Starbucks said
its customer trafic in the U.S.
was lat from a year ago, and
that its results were pressured
by weakening consumer con-
idence, and political uncer-
tainty. Dunkin’ Donuts said
its trafic slipped.
McDonald’s Corp. is try-
ing to win back customers un-
der CEO Steve Easterbrook,
who took over last year. The
company has cited the launch
of its all-day breakfast menu
last fall for helping improve
sales. To keep momentum
going, McDonald’s plans to
expand the offerings later this
year.
The company, which has
more than 36,000 locations
around the world, is also
working on improving per-
ceptions about the quality of
its food in the U.S. Those ef-
forts have included switching
to butter from margarine for
its Egg McMufins, and sear-
ing its beef longer to improve
the taste. Like other major
fast-food chains, McDonald’s
is trying to shake its image for
serving unhealthy, processed
food as it faces pressure from
smaller players promising
better alternatives.
Globally,
McDonald’s
said sales rose 3.1 percent at
established locations. That in-
cluded a 2.6 percent increase
in the division that includes
established markets like the
United Kingdom, Canada and
Australia. The high-growth
segment, which includes Chi-
na and Russia, saw a 1.6 per-
cent increase.
For the quarter, McDon-
ald’s earned $1.09 billion,
or $1.25 per share, including
a 20-cent negative impact
from restructuring charges.
Analysts expected $1.39 per
share, not including one-time
items.
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)
July 23
Market Commentary: Columbia Basin prices are now for the 2016 crop. New-crop prices exceed clos-
ing prices for the 2015 crop by an average of $4.17 per cwt.
SHIPPING AREA
FWA
Chg
IDAHO BURBANKS
$11.84
$0.23
COLUMBIA BASIN
$17.63
$4.17
GRI
Chg
70 ct
Chg
10 lb. Film
Chg
$4.93
$0.14
$17.50
$0.
$8.50
$0.50
$8.45
$2.50
$25.
$7.
$11.
$2.50
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 replace-
ment animals on per head basis as indicated.
NATIONAL WOOL REVIEW
(USDA Market News)
Greeley, Colo.
July 22
Domestic wool trading on a clean basis has
been at a standstill this week. No conirmed
trades were reported. Domestic wool trading
on a greasy basis was at a standstill this week.
There were no conirmed trades reported.
Domestic wool tags
No. 1
$.60-.70
No. 2
$.50-.60
No. 3
$.40-.50
NATIONAL SHEEP SUMMARY
(USDA Market News)
San Angelo, Texas
July 22
Compared to last week: Slaughter lambs were
steady to $15 lower. Slaughter ewes were most-
ly steady. Feeder lambs were irm, instances
$10 higher.
At San Angelo, Texas, 5,981 head sold. No
sales in Equity Electronic Auction. In direct
trading slaughter ewes were not tested and no
comparison on feeder lambs.
4,600 head of negotiated sales of slaughter
lambs were steady to $1 higher. 6,200 head of
formula sales had no trend due to conidential-
ity. 3,792 lamb carcasses sold with 45 lbs. and
down $8.51 lower; 45-65 lbs. no trend due to
conidentiality; 65-75 lbs. $4.30 higher; 75-85
lbs. $3.02 lower and 85 lbs. and up $3.38 higher.
SLAUGHTER LAMBS Choice and Prime 2-3:
San Angelo: shorn and wooled 100-155 lbs.
$120-138.
SLAUGHTER LAMBS Choice and Prime 1:
San Angelo: 40-60 lbs. $200-212; 60-70 lbs.
$175-198; 70-80 lbs. $160-170; 80-90 lbs. $145-
152; 90-110 lbs. $140-150.
DIRECT TRADING (Lambs with 3-4 percent
shrink or equivalent):
4,600 Slaughter Lambs shorn and wooled
127-182 lbs. $140-175 (wtd avg $167.15).
Idaho: 5,000 Feeder Lambs 110-120 lbs.
$167 for September delivery.
SLAUGHTER EWES:
San Angelo: Good 2-3 (leshy) $50-58; Utility
and Good 1-3 (medium lesh) $60-68; Utility 1-2
(thin) 50-60; Cull and Utility 1-2 (very thin) $40-
50; Cull 1 (extremely thin) $18-35.
FEEDER LAMBS Medium and Large 1-2:
San Angelo: 50-60 lbs. $186-198; 60-100 lbs.
$180-191.
REPLACEMENT EWES Medium and Large
1-2:
San Angelo: wooled ewe lambs 117 lbs. $148
per head; wooled baby tooth $209 per head; hair
ewe lambs 60-90 lbs. $200-230 cwt; mixed age
hair ewes 90-150 lbs. $85-138 cwt.
NATIONAL WEEKLY LAMB CARCASS
Choice and Prime 1-4:
Weight
Wtd. avg.
45 lbs. Down
$490.54
45-55 lbs.
Price not reported
due to conidentiality
55-65 lbs.
Price not reported
due to conidentiality
65-75 lbs.
$324.95
75-85 lbs.
$312.97
85 lbs. and up
$300.39
Sheep and lamb slaughter under federal
inspection for the week to date totaled 39,000
compared with 40,000 last week and 34,000
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
July 22
Benchmark prices are steady. Asking prices for next week are 18 cents lower for Jumbo, 20 cents lower
for Extra Large and Large and 17 cents lower for Medium and Small. Trade sentiment is lower. Offerings
are moderate for Jumbo and heavy on the balance of sizes.
Demand into all sectors is light to seasonally moderate at best. Supplies are moderate to instances
heavy and most distributive buyers are in no hurry to purchase additional shell eggs. Market activity is
slow. Small benchmark price 67 cents.
Size
Range
Size
Range
Jumbo
151
Extra large
129
Large
119
Medium
87
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
103-114
Extra large
55-66
Large
50-59
Medium
25-34
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 Ore-
gon head as indicated.
NATIONAL FEEDER AND STOCKER CATTLE
(Federal-State Market News)
St. Joseph, Mo.
July 22
This week
Last week
Last year
329,100
113,400
162,600
Compared to June 15: Feeder steers and heifers
sold mostly steady with instances of $3 lower to $3
higher. The real summer heat moved in this week
as we hit the dog days of summer, with extremely
hot and humid weather curtailing receipts across
much of cattle country, including some major
auction barns. It’s dificult and dangerous for both
man and beast to move cattle in such conditions.
Heat stress and weight loss make handling and
transporting cattle very unappealing and the risk
of death loss skyrockets when the heat index is
so high.
Demand was still good for the cattle that did
make it town even as the cash market remained
under pressure. Cattle futures were extremely
volatile with nearly all months hitting contract lows
throughout the week but as has been proven over
and over, strong fundamentals no longer have any
sway over futures activity.
The bulk of the fat cattle trade was pretty much
wrapped up on July 20, with live sales mostly $2
lower at $115-115.50 (for extended delivery) and
dressed sales $2 lower as well, $184.50-186, the
lowest prices seen in four years.
It has been frequently discussed that negotiated
sales make up only a small percentage of fat cattle
sales as so much of the packers’ supply is already
captive. The lack of competition this creates really
hurts slaughter cattle trade as packers simply don’t
have huge needs to ill anymore. The previous
week’s slaughter numbers ended up being larger
than expected at 594,000 head.
July kill levels have been huge because it was
proitable for the packer, and the weekly kill will stay
high as long as packer margins remain positive.
Fundamentally, this will help feedlots stay current
and at some undetermined point will mean a better
fat market. Instead of feeding cattle too long like
many feedlots did last summer, many are now pull-
ing green cattle forward.
As expected, boxed beef made new lows for the
year but since packers are still enjoying impressive
margins, seasonally weaker box prices aren’t an
issue so long as their supply is replaced at lower
prices. The high heat that was discussed earlier in
this report also hurts demand at the meat counter,
and with lots of beef in the channel, prices at the
supermarket will have to stay competitive with oth-
er proteins to keep beef cuts moving.
It is generally hard to ind much optimism for the
beef complex in July, but one bit of positive news
for the feeder market this week was Monday’s
Crop Progress Report which rated 76 percent of
the nation’s corn and 71 percent of beans in good
to excellent condition.
Hot weather and timely rains have worked to-
gether to create what is expected to be another
outstanding crop.
The monthly Cattle on Feed report has not yet
been released at the time of this report but analysts
expect placements and marketings to be well over
year ago levels.
No surprises there, but a larger number of heif-
ers on feed is also expected, showing that herd
expansion is slowing. Moving forward, increased
marketing levels will be critical to maintain feedlots
as feeder cattle supplies are expected to be very
heavy this fall. Auction volume this week included
54 percent weighing over 600 lbs. and 36 percent
heifers.
AUCTIONS
This week
Last week
Last year
105,700
162,200
121,100
WASHINGTON 1,600. 69 pct over 600 lbs. 26
pct heifers. Steers: Medium and Large 1-2 650-700
lbs. $142.24; 750-800 lbs. $129.87; 800-850 lbs.
$130.45. Heifers: Medium and Large 1-2 600-650
lbs. $132.38.
DIRECT
This week
Last week
Last year
50,600
62,300
29,000
SOUTHWEST
(Arizona-California-Nevada)
There were no direct sales reported.
NORTHWEST
(Washington-Oregon-Idaho)
2,400. 95 pct over 600 lbs. 18 pct heifers. Steers:
Large 1 Current FOB Price 900-1000 lbs. $125-
133 Oregon-Washington. Medium and Large 1-2
Future Delivery FOB Price 650 lbs. $134.50 calves
for October Oregon; 800 lbs. $129 for November
Oregon. Large 1 Future Delivery Delivered Price
900-950 lbs. $137 for August-September Idaho.
Heifers: Medium and Large 1-2 Current FOB Price
850-900 lbs. $125 Washington. Large 1 Current
Delivered Price 850-900 lbs. $119 Idaho. Medium
and Large 1-2 Future Delivery FOB Price 600 lbs.
$129 calves for October Oregon.
NATIONAL SLAUGHTER CATTLE
(USDA Market News)
Oklahoma City, Okla.
July 22
Slaughter cattle trade in Texas and Kansas $1-2
lower. Live trade in Nebraska sold $1-3 lower while
dressed trades were $1-5 lower. Demand moder-
ate.
Boxed Beef prices July 22 averaged $194.83
down $4.20 from July 15. The Choice/Select
spread is 10.52. Slaughter cattle on a national
basis for negotiated cash trades through July 22
totaled about 95,396 head. The previous week’s
total head count was 92,584 head.
Midwest Direct Markets: Live Basis: Steers and
Heifers: $114-115.50. Dressed Basis: Steers and
Heifers $182-186.
South Plains Direct Markets: Live Basis: Steers
and Heifers $113-115.
Slaughter Cows and Bulls (Average Yielding
Prices): Slaughter cows and bulls mostly $1 to $6
lower than last week. Cutter Cow Carcass Cut-Out
Value Friday at the close on July 22 was $172.92
down $1.01 from July 15.
NORTHWEST DIRECT CATTLE
(USDA Market News)
Moses Lake, Wash.
July 22
This week
Last week
Last year
2,350
5,150
4,500
Compared to July 15: Feeder cattle steady
to weak. Trade slow this week in response to a
lower CME Price. Demand moderate. The feeder
supply included 82 percent steers and 18 percent
heifers. Near 95 percent of the supply weighed
over 600 lbs. Prices are FOB weighing point with
a 1-4 percent shrink Oregon equivalent and with
a 5-12 cent slide on calves and a 3-8 cent slide on
yearlings. Current sales are up to 14 days delivery.
Delivered prices include freight, commissions and
other expenses.
Steers: Large 1: Current FOB Price: 900-1000
lbs. $125-133 Oregon-Washington. Medium and
Large 1-2: Future Delivery FOB Price: 650 lbs.
$134.50 calves for October Oregon; 800 lbs.
$129 for November Oregon. Large 1: Future
Delivery Delivered Price: 900-950 lbs. $137 for
August-September Idaho.
Heifers: Medium and Large 1-2: Current FOB
Price: 850-900 lbs. $125 Washington. Large 1:
Current Delivered Price: 850-900 lbs. $119 Ida-
ho. Medium and Large 1-2: Future Delivery FOB
Price: 600 lbs. $129 calves for October Oregon.