Image provided by: University of Oregon Libraries; Eugene, OR
About Capital press. (Salem, OR) 19??-current | View Entire Issue (June 1, 2018)
June 1, 2018 CapitalPress.com Farm Market Report S PONSORED BY ROP-22-5-4/106 For the latest market reports from around the region, go to www.capitalpress.com/markets. 11 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 retail outlets. Basis is current delivery FOB barn or stack, or delivered custom- er as indicated. Grade guidelines used in this report have the following relationship to Relative Feed Value (RFV), Acid Detergent Fiber (ADF), TDN (Total Digestible Nutrients), or Crude Protein (CP) test numbers: 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) May 25 This week FOB Last week Last year 6200 360 500 Compared to May 18: New crop export and dairy Alfalfa 15.00- 20.00 higher in a light test. Feeder hay supplies remain tight. Rain storms throughout the trade area last week delayed harvest of new crop. Trade moderate with very good demand. Retail/Feed store not tested. Tons Price Alfalfa Mid Square Prem/Exp 1000 215.00 Good/Rain Dam 1000 185.00 Fair/Rain Dam 1200 155.00 Tarped 2000 150.00 Alfalfa/Grass Mix Mid Square Good/New Crop 500 160.00 Fair/New Crop 500 160.00 OREGON AREA HAY (USDA Market News) May 25 Compared to May 18: Prices trended generally steady in an extremely limited test. Retail/Stable type hay remains the most de- manded hay. Most hay producers are sold out for the growing year. This week FOB Last week Last year 357 508 427 CROOK, DESCHUTES, JEFFERSON, WASCO COUNTIES Tons Price Orchard Grass Small Square Prem/Ret/Stab 18 235.00 LAKE COUNTY Alfalfa Large Square Supr/Sm/Sq 251 215.00 Alfalfa/Orchard Mix Prem/Supr/Org Prem/Ret/Stab 28 45 250.00 185.00 Small Square Prem/Ret/Stab 15 185.00 EASTERN OREGON: No New Sales Confirmed. HARNEY COUNTY: No New Sales Confirmed. KLAMATH BASIN: No New Sales Confirmed. IDAHO HAY (USDA Market News) May 25 This week FOB Last week Last year 4100 2400 3700 Compared to May 18: Alfalfa old crop Premium steady. No new con- tracts for new crop reported this week. Trade slow with good demand especially for export and stable hay going to eastern interests. Rain and even hail showers kept producers on the sidelines with no relief from the rain in the future for new crop harvest. Lots of hay down that has been rain damaged. Retail/Feedstore steady. Tons Price Alfalfa Mid Square Prem/Exp 1000 155.00 Good/Exp 1000 135.00 Fair/ExcMoist 1000 120.00 Old Crop 1000 110.00 Alfalfa Small Square Prem/Ret/Stab 100 200.00 CALIFORNIA HAY (USDA Market News) May 25 Compared to May 18: All classes traded steady with very good demand. According to the NASS Crop Progress Report May 21, there were isolated showers throughout the week across the interior mountains in northern California due to the passing of a weak system. Farmers finished ground work for rice. Alfalfa fields continued to mature and were harvested. Winter wheat and oats were cut, dried, and baled. This week FOB Last week Last year 13,420 10,045 5490 REGION 1: NORTHERN INTERMOUNTAIN Includes the counties of Siskiyou, Modoc, Shasta, Lassen and Plumas. Grain Hay Good/OldCrop 700 175.71 Ret/Stab 700 171.43 REGION 2: SACRAMENTO VALLEY Includes the counties of Tehama, Glenn, Butte, Colusa, Sutter, Yuba, Sierra, Nevada, Placer, Yolo, El Dorado, Solano and Sacramento. Alfalfa Premium 75 242.00 Good/Prem 300 210.00 Alfalfa/Orchard Mix Prem/Ret/Stab 25 260.00 Vetch/Clover Prem/Org 120 190.00 Orchard Grass Prem/Ret/Stab 25 250.00 REGION 3: NORTHERN SAN JOAQUIN VALLEY Includes the counties of San Joaquin, Calaveras, Stanislaus, Tuolumne, Mono, Merced and Mariposa. Alfalfa Supreme 1750 269.00 Weedy 75 195.00 Prem/Supr 175 245.00 Good/Prem 300 210.00 Good 1900 233.68 Oat Good 350 145.00 Barley Good 150 140.00 Wheat Good 425 150.00 REGION 4: CENTRAL SAN JOAQUIN VALLEY Includes the counties of Madera, Fresno, Kings, Tulare and Inyo. Alfalfa Supreme 500 235.00 Export 300 230.00 Rain Dam 500 245.00 Premium 500 225.00 Good/Prem 300 217.50 Good 400 200.00 Weedy 250 175.00 Oat Good 200 140.00 REGION 5: SOUTHERN CALIFORNIA Includes the counties of Kern, Northeast Los Angeles and Western San Bernardino. Alfalfa Supreme 225 260.00 REGION 6: SOUTHEAST CALIFORNIA Includes the counties of Eastern San Bernardino, Riverside and Imperial. Alfalfa Premium 1650 220.45 Export 500 215.00 Good/Prem 300 180.00 Bermuda Grass Prem/Ret/Stab 125 225.00 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 May 24 Pacific Northwest Market Summary: Cash wheat bids for May deliv- ery ended the reporting week on Thursday, May 24, mixed compared to week ago noon bids for May delivery. July wheat futures ended the reporting week on Thursday, May 24, higher as follows compared to week ago closes: Chicago wheat futures were 32.75 cents higher at 5.0325, Kansas City wheat futures were 30 cents higher at 5.49 and Minneapolis wheat futures trended 20 cents higher at 6.3475. Chicago July corn futures trended nine cents higher at 4.0425 and July soybean futures closed 40.75 cents higher at 10.3575. Bids for US 1 Soft White Wheat delivered to Portland in unit trains or barges during May for ordinary protein trended mixed, from 7.25 cents lower to 12.75 cents per bushel higher compared to week ago prices for the same delivery period from 5.6775-6.0325. Some exporters were not issuing bids for nearby delivery. White club wheat premiums were zero cents per bushel over soft white wheat bids this week and last week. One year ago bids for US 1 Soft White Wheat any protein for May delivery by unit trains and barges to Portland were 4.7750-4.89 and bids for White Club Wheat were 4.7750-4.95. Forward month bids for soft white wheat ordinary protein were as follows: June 6.6775-6.0825, July 5.6775-6.0825, August New Crop 5.6850-5.97 and September 5.7950-6.02. One year ago, forward month bids for soft white wheat for any pro- tein were as follows: June 4.8250-4.89, July 4.8750-4.89, August New Crop and September 4.81-4.85. Bids for US 1 Soft White Wheat guaranteed maximum 10.5 percent protein during May trended mixed, 7.25 cents lower to 12.75 cents per bushel higher than week ago prices for the same delivery period from 5.6775-6.0325. Some exporters were not issuing bids for nearby delivery. White club wheat premiums for guaranteed maximum 10.5 percent protein soft white wheat this week were zero cents per bushel over soft white wheat bids this week and last week. One year ago bids for US 1 Soft White Wheat guaranteed maxi- mum 10.5 percent protein for May delivery by unit trains and barges to Portland were 4.7250-4.9250 and bids for White Club Wheat were 4.7250-4.9750. Forward month bids for soft white wheat guaranteed 10.5 percent proteins were as follows: June 5.6775-6.0825, July 5.6775-6.0325 and August New Crop 5.6850-5.97. One year ago, forward month bids for soft white wheat for any pro- tein were as follows: June 4.8250-4.9250, July 4.8750-4.9250, August New Crop 4.81-4.89 and September 4.81-4.86. Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for May delivery trended 30 to 35 cents per bushel higher than week ago bids for the same delivery period. Some exporters were not issuing bids for nearby delivery. This week, bids were as follows: May and June 6.74-6.99, July 6.49-6.99, August New Crop 6.5750-6.8250 and Sep- tember 6.7750-6.8250. Bids for non-guaranteed 14.0 percent protein US 1 Dark Northern Spring Wheat for Portland delivery during May trended fifteen cents per bushel higher than week ago 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 fol- lows: May 7.7975-7.9475, June 7.7975-7.8475, July 7.7475-7.8475, August New Crop 7.5975-7.6975 and September 7.5475-7.6475. Coarse feeding grains: Bids for US 2 Yellow Corn delivered full coast Pacific Northwest - BN shuttle trains for May delivery trended four to nine cents per bushel higher than week ago bids for the same delivery period at 5.1925. Some exporters were not issuing bids for nearby delivery. Forward month corn bids were as follows: June 5.1925, July 5.1425-5.1625, August 5.15-5.16, September 5.03 and October 5.0750-5.1250. Bids for US 1 Yellow Soybeans delivered full coast Pacific Northwest - BN shuttle trains for May delivery were not avail- able as most exporters were not issuing bids for nearby delivery. Forward month soybean bids were as follows: October 11.2250- 11.4450. Bids for US 2 Heavy White Oats for May delivery trended steady at 3.63 per bushel. Outstanding Export Sales: Outstanding U.S. white wheat export sales can be found at the following link: https://apps.fas.usda.gov/ export-sales/wheat.htm Outstanding U.S. barley export sales can be found at the following link: https://apps.fas.usda.gov/export-sales/barley.htm Pacific Northwest Export News: There were 18 grain vessels in Co- lumbia River ports on Thursday, May 24, with five docked compared to 27 last week with six docked. There were no new confirmed export sales this week from the Commodity Credit Corporation (CCC) of the USDA. CALIFORNIA GRAIN (USDA Market News) May 24 Paid by feed manufacturers and other users, delivered plant or receiving station. All prices are offers for prompt shipment unless otherwise stated. Dollars Per Cwt. Bulk BARLEY US No 2 (46-lbs. per bushel) FOB Kern County 8.50 Truck Petaluma- Santa Rosa 10.25 Del Kings-Tulare- Fresno Counties 10-10.15 Kern County 9.75 Del CORN US No 2 Yellow FOB Modesto-Oakdale- Turlock 1.33+N Kings-Tulare-Fresno 1.33+N Turlock/Tulare 1.16 Rail: Single Car Units via BNSF Los Angeles- Chino Valley 1.31+N SORGHUM US No 2 Yellow (Milo) Rail Los Angeles- Chino Valley 1.40+N WHEAT US Durum Wheat FOB Imperial County NC 9.50 WHEAT Any Class for Feed FOB Kings-Tulare- Fresno Counties 10.80 Kern County 10.50 Truck Stockton-Modesto- Oakdale-Turlock 10.75 Del Dairy Report Compiled by USDA Market News Service • Madison, Wis. FLUID MILK AND CREAM REVIEW – WEST (USDA Market News) May 24 Milk production in California is steady to slowly dropping due to higher temperatures. Some mar- ket participants believe that breeding challenges from the previous year’s heat are currently impact- ing total milk output levels. Reports are mixed about milk availability in Cal- ifornia. In some areas, milk supplies are tightening while in others, milk is so abundant that sellers are struggling to clear all the loads. Due to scheduled maintenance work at several facilities, milk flow is disrupted. As a result, hold- overs were higher and are unlikely to decrease until after Memorial Day holiday. In Arizona, milk continues to drop with the cur- rent heat and dry weather. Milk supply seems to be in pretty good balance with demand because the flush peak is past. Most school districts have started the summer vacation this week; hence, milk intakes from Class I have decreased. Milk output in New Mexico has edged up, but remained in line with seasonal volumes expected. Class I intakes have decreased with the closing of schools for the summer break. Class II sales have also declined, but milk requests for cheese produc- tion have increased. This week, repair and maintenance schedules have disrupted milk processing, resulting in more holdovers than expected. With the upcoming Me- morial Day weekend, holdovers are expected to further increase. As so, handlers are looking at op- tions for additional outlets to help with processing. Milk production in the Pacific Northwest is follow- ing seasonal patterns. Milk handlers are juggling shipments in advance of the upcoming holiday. With the closing of schools for the summer, bottling demand is easing and handlers are looking to shift loads into other processing facilities. Milk intakes are currently in relatively good bal- ance with processing needs. Manufacturers report plenty of milk is available. In the mountain states of Idaho, Utah and Colo- rado, milk production remains strong, but there is still about a month until the peak of spring flush. A few loads of milk from Idaho and Utah are pushing into surrounding states to find homes. In- dustry contacts say components are up and that is boosting cheese yields. Western condensed skim market hasn’t changed much from last week. Most condensed skim continues to clear into nonfat dry milk. Western cream demand is strong as ice cream and cheese makers increase their intakes. Accord- ing to some contacts, the high butter market hasn’t much impacted the availability of cream for ice cream and cheese processing. According to the DMN National Retail Re- port-Dairy for the week of May 18-24, the national weighted average advertised price for one gallon of milk is $2.56, up $0.08 from last week, and up $0.10 from last year. The weighted average regional price in the Southwest is $2.38 with a price range of $1.99- $2.99. The weighted average regional price in the Northwest is $1.99 with no price range. According to California Department of Food and Agriculture, April 2018 pool receipts of milk in the state total 3.25 billion pounds. This is 0.5 percent lower compared to the same month a year ago. From January through April 2018, receipts are 1.2 percent higher from the comparable period in 2017. The Value at Test price is $15.02, 16 cents higher than the previous month, but 19 cents below a year ago. The percentage of receipts used in Class 1 products is 12.47 percent. The April quota price is $15.36 and the over quo- ta price is $13.66. These prices are $.29 above last month, but $.36 lower from a year ago. The NASS Milk Production report noted April 2018 milk production in the 23 selected states was 17.3 billion pounds, 0.7 percent above a year ago. Milk cows in the 23 selected states totaled 8.74 mil- lion head, 14,000 head more than a year ago. The following table shows western states included in the report and the monthly milk production changes compared to a year ago: Arizona: 455 million lbs, +1.1 California: 3455 million lbs, +0.4 Colorado: 378 million lbs, +9.9 Idaho: 1234 million lbs, +3.5 New Mexico: 723 million lbs, +2.6 Oregon: 208 million lbs, -2.8 Utah: 192 million lbs, +5.5 Washington: 560 million lbs, +3.1 Sows: 2.00-24.00 cwt Weaner Pigs: NT Lambs: 40-70 lbs 110.00-194.00 cwt Lambs 75-150 lbs 170.00-197.50 cwt Thin Ewes: 67.50-125.00 cwt Fleshy Ewes: 62.50-95.00 cwt Ewe/Lamb Pairs: 60.00-70.00 Hd Goats: 10-39 lbs 7.50-75.00 Hd; 40-69 lbs 50.00- 160.00 Hd; 70-79 lbs 95.00-175.00 Hd; 80-89 lbs 115.00-200.00 Hd; 90-99 lbs 57.50-225.00 Hd; 100-199 lbs 80.00-270.00 Hd; 200-300 lbs NT LEBANON (Lebanon Auction Yard) May 24 Lebanon Auction Yard Market Report May 24, 2018 Total receipts: 219 Butcher Cows: Conventional: Top Cow, $83.00; Top 10 Cows, $73.52; Top 50 Cows, $69.75; Top 100 Cows, $66.17; Organic: Top Cow, $71.00; Top 10 Organic, $63.20. Bulls: Conventional: Top Bull, $96.00; Avg. All Bulls, $90.26. Cow/Calf Pairs: $1150.00. Feeder Steers: 500-599 lbs $123.00-155.00; 600-699 lbs $130.00; 800-899 lbs $115.00- $122.00; 1000-1099 lbs $98.00; 1100-1199 lbs $75.00-$91.00; 1200-1299 lbs $95.00. Feeder Heifers: 300-399 lbs $135.00; 400-499 lbs $120.00-$140.00; 500-599 lbs $107.50- 151.00; 600-699 lbs $115.00-$125.00; 700-799 lbs $126.00-$135.00; 800-899 lbs $114.00; 900-999 lbs $76.00. KLAMATH FALLS (Klamath Falls Livestock Auction) May 22 Choice Steers: 300-400 lbs 146.00-170.00; 400-500 lbs 146.00-154.00; 500-600 lbs 112.00- 140.00; 600-700 lbs 130.00-131.00; 700-800 lbs 111.00-114.25 lbs; 800-900 lbs 99.00-108.50 Choice Heifers: 300-400 lbs 141.00-158.00; 400-500 lbs 139.00-145.00; 500-600 lbs 105.00- 120.00; 600-700 lbs 110.00-124.00; 700-800 lbs 101.00-113.00 lbs; 800-900 lbs NT Top Cow: 71.00 Top Bull: 92.00 Slaughter Bulls: High Yield 80.50-92.00 Slaughter Cows: High Yield 62.00-71.00; Med Yield 58.00-62.00; Low Yield 39.00-50.00 Feeder Heiferettes: NT Cow Calf Pairs: NT Bred Cows: NT Livestock Auctions Washington TOPPENISH (Toppenish Livestock Auction) May 24 Receipts: 1460 Compared to last Thursday: Stocker and feeder cattle firm in a light test as the cattle complex is anticipating a bullish on feed report that releases later today. Trade active with good demand espe- cially for small lots to fill pasture needs. Slaughter cows 2.00-3.00 lower. Slaughter bulls steady. Trade active with good demand. Slaughter cows 45 percent, slaughter bulls 10 percent, 20 percent replacement cows, and feeders 25 percent of the supply. The feeder supply included 61 percent steers and 39 percent heifers. Near 78 percent of the run weighed over 600 lbs. Replacement Cows: Pre-tested for pregnancy, bangs, and age. Feeder Steers: Medium and Large 1-2: 100-200 lbs 146.00; 500-600 lbs 167.00-174.00; 600-700 lbs 155.00; 700-800 lbs 138.50. Medium and Large 2-3: 600-700 lbs 135.50-143.75. Large 1: 900-1000 lbs 134.50. Small and Medium 2-3: 800- 900 lbs 100.00, Mexican Origin. Feeder Holstein Steers: Medium and Large 2-3: 500-600 lbs 141.00. Feeder Heifers: Medium and Large 1-2: 500- 600 lbs 157.00-158.00; 600-700 lbs 134.00- 139.00; 800-900 lbs 120.00; 800-900 lbs 88.00- 90.00, Heiferettes. Large 1: 900-1000 lbs 115.00. Large 2-3: 500-600 lbs 85.00; 700-800 lbs 87.50. Slaughter Cows: Boners: 80-85 Pct. Lean; 1300-1700 lbs; Avg Dressing 67.00-72.00; High Dressing 72.75-76.00; Low Dressing 62.00-67.00 Lean: 85-90 Pct. Lean; 1200-1600 lbs; Avg Dressing 66.00-71.00; High Dressing 71.75-79.00; Low Dressing 61.00-66.00 Lean: 90 Pct. Lean; 900-1400 lbs; Avg Dressing 58.00-61.00; Low Dressing 51.00-58.00 Slaughter Bulls: Yield Grade 1-2: 1500-2600 lbs; Avg Dressing 99.00-106.00; High Dressing 109.50-111.50; Low Dressing 90.00-99.00 Yield Grade 2:2600-2700 lbs; Low Dressing 76.50-90.00 Cow/Calf Pairs (Per Pair): Medium and Large 1-2: Young (3-4 yrs. old) 1100-1200 lbs. 1400.00 to mostly 1650.00 with 100-150 lbs. calves, few 850 lbs. 1225.00-1300.00 with 100 lbs. calves, few 800 lbs. 925.00 with 100 lbs. calves; Aged (9-11 yrs. Old) 1600 lbs. 1450.00 with 150-200 lbs. calves; Broken mouth 1250 lbs. 1000.00 with 100-150 lbs. calves. Feeder Cows: Medium and Large 1-2: 1100- 1200 lbs 80.00, Young. Please Note: The USDA LPGMN price report is reflective of the majority of classes and grades of livestock offered for sale. There may be instances where some sales do not fit within reporting guide- lines and therefore will not be included in the report. Prices are reported on a per cwt basis, unless oth- erwise noted. Oregon WOODBURN May 21-22 Receipts: 1060, 294 Cattle Top 10 Slaughter Cows A/P: 70.91 cwt Top 50 Slaughter Cows A/P: 66.52 cwt Top 100 Slaughter Cows A/P: 61.50 cwt Back To The Country Cows: 70.00 cwt Certified Cows: 80.00-140.00 cwt Top Certified Organic Cattle: 60.00-84.00 cwt All Slaughter Bull: 95.00-97.00 cwt Top Beef Steers: 300-400 lbs 150.00-180.00 cwt; 400-500 lbs 150.00-165.00 cwt; 500-600 lbs 140.00-162.00 cwt; 600-700 lbs 120.00-141.00 cwt; 700-800 lbs 120.00-135.00 cwt; 800-900 lbs 115.00-130.00 cwt; 900-1000lbs NT Top Beef Heifers: 200-300 lbs NT: 300-400 lbs NT; 400-500 lbs 130.00-138.00 cwt; 500-600 lbs NT; 600-700 lbs 115.00-128.50 cwt; 700-800 lbs 100.00-129.00 cwt; 800-900 lbs NT; 900-1000 lbs NT Cow/Calf Pairs: NT Bred Cows: 850.00-1150.00 Hd Day Old Beef Cross Calves: NT Day Old Dairy Calves: 4.00-42.50 Hd Block Hogs: 55.00-67.00 cwt Feeder Pigs: NT California COTTONWOOD (Shasta Livestock Auction Yard) May 25 Receipts: 3267 Compared to Last Week’s Sale: Slaughter cows steady. Few cattle under 550 lbs. Most categories $5-15 higher than last week. Slaughter Cows: High Yield 62.00-68.00; Med Yield 51.00-61.00; Low Yield 35.00-40.00 Bulls 1&2: 88.00-94.50 Feeder Steers: (Top offerings and pen lots): 300-400 lbs NT; 400-450 lbs NT; 450-500 lbs NT; 500-550 lbs 155.00-176.00; 550-600 lbs 144.00- 174.50; 600-650 lbs 140.00-167.00; 650-700 lbs 133.00-155.75; 700-750 lbs 135.00-150.00; 750-800 lbs 130.00-143.50; 800-900 lbs 125.00- 141.50; 900-1000 lbs 116.00-125.00 Feeder Heifers: (Top offerings and pen lots): 300-450 lbs NT; 450-500 lbs NT; 500-550 lbs 140.00-161.50; 550-600 lbs 135.00-167.00; 600-650 lbs 122.00-144.50; 650-700 lbs 125.00- 139.75; 700-750 lbs 126.00-142.00; 750-800 lbs 115.00-130.00; 800-900 lbs 120.00-127.00; 900- 1000 lbs NT Pairs: Mostly thinner pairs with small calves $1285-1550 Calvy Cows: Mostly small bunches of Full Mouth $900-1255. TURLOCK (Turlock Livestock Auction Yard) May 22 Receipts: 2202 Hd Comments: Mostly smaller lots and single fol- lowing Saturday’s special sale. Good buyer activity compared to a week ago. Weigh cows and bulls steady. 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) May 26 Shipping Area FWA Chg GRI Chg 70 ct Chg 10# Film Chg Idaho Burbanks $15.74 $0.00 $7.12 $0.00 $27.00 $0.00 $9.00 $0.00 San Luis Valley $19.76 $0.01 $12.33 $0.01 $28.00 $0.00 $16.50 $0.00 Columbia Basin $17.45 $0.02 $8.26 $0.01 $25.50 $0.50 $12.00 $0.00 Wisconsin $21.82 $0.98 $13.44 $0.78 $34.50 $3.50 $18.50 $0.50 Sheep/Wool Market Reports Compiled by USDA Market News Service • Greeley, Colo.-San Angelo, Texas Sheep prices in dollars per hundredweight (cwt.) except some replacement animals on per head basis as indicated. NATIONAL WOOL REVIEW (USDA Market News May 25 Domestic wool trading on a clean basis was slow this week. There were no confirmed trades reported. Domestic wool trading on a greasy basis was at a standstill this week. NATIONAL SHEEP SUMMARY (USDA Market News) San Angelo, Texas May 25 Compared to last week: Slaughter lambs were 5.00-20.00 lower, except at San Angelo, Texas, where they were 5.00-10.00 higher. Slaughter ewes were mostly steady to 12.00 lower. Feeder lambs were steady to 10.00 lower. At San Angelo, 6172 head sold. Equity Electronic Auction sold 608 slaughter ewes in Texas. In direct trading slaughter ewes and feeder lambs were not tested. 3500 head of ne- gotiated sales of slaughter lambs were steady to 1.00 higher. 2,351 lamb carcasses sold with all weights no trend due to confidentiality. All sheep sold per hundred weight (cwt) unless otherwise specified. Slaughter Lambs: Choice and Prime 2-3 90-160 lbs: San Angelo: shorn and wooled 100-145 lbs 126.00-136.00. VA: no test. PA: shorn and wooled 90-110 lbs 225.00- 250.00; 110-130 lbs 222.00-242.00. Ft. Collins, CO: wooled 128 lbs 160.00. South Dakota: wooled 188 lbs 126.00; shorn and wooled 90-95 lbs 199.00-203.00, 110-125 lbs 180.00-191.00, 130-135 lbs 137.00-138.00. Kalona, IA: wooled 110-130 lbs 173.00- 182.50; 132 lbs 172.50. Billings, MT: no test. Missouri: no test. Equity Elec: no sales. Slaughter Lambs: Choice and Prime 1-2: San Angelo: 40-60 lbs 208.00-230.00; 60- 70 lbs 194.00-214.00, few 230.00; 70-80 lbs 190.00-202.00, mostly 190.00-194.00; 80-90 lbs 180.00-194.00; 90-110 lbs 175.00-190.00. Pennsylvania: 40-50 lbs 230.00-250.00; 50-60 lbs 210.00-240.00, few 260.00-275.00; 60-70 lbs 200.00-235.00, few 235.00-240.00; 70-80 lbs 205.00-225.00, few 225.00-230.00; 80-90 lbs 207.00-232.00, few 232.00-235.00. Kalona, IA: 40-50 lbs 187.50-200.00; 60-70 lbs 172.50-196.00; 70-80 lbs 172.50-191.00; 80-90 lbs 177.50-186.00; 90-105 lbs 178.00- 193.00. Ft. Collins: 45 lbs 215.00; 50-60 lbs 212.50- 217.50; 60 lbs 230.00; 70-75 lbs 190.00-195.00. Missouri: 40-80 lbs 177.50-212.50; 100-115 lbs 155.00-165.00. Virginia: 60-80 lbs 160.00-202.00; 80-110 lbs 181.00-193.00. South Dakota: 90-110 lbs 197.00-207.50. Billings, MT: no test. Direct Trading: (lambs fob with 3-4 percent shrink or equivalent) 3500: Slaughter Lambs shorn and wooled 127-225 lbs 118.00-176.55 (wtd avg 153.00). Slaughter Ewes: San Angelo: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy) 50.00-58.00; Utility and Good 1-3 (medium flesh) 60.00-76.00; Utility 1-2 (thin) 55.00-65.00; Cull and Utility 1-2 (very thin) 45.00-55.00; Cull 1 (extremely thin) 28.00- 44.00. Pennsylvania: Good 3-4 (very fleshy) 50.00- 85.00; Good 2-3 (fleshy) 70.00-115.00; Utility 1-2 (thin) 60.00-85.00; Cull 1 no test. Ft. Collins: Good 3-5 (very fleshy) 55.00- 65.50; Good 2-3 (fleshy) 52.50-62.50; Utility 1-2 (thin) 30.00-40.00; Cull 1 (extremely thin) no test. Billings, MT: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy) no test; Utility 1-2 (thin) no test; Cull and Utility 1-2 (very thin) no test; Cull 1 no test. So Dakota: Good 3-4 (very fleshy) 41.00- 47.00; Good 2-3 (fleshy) 49.00-58.00; Utility 1-2 (thin) 40.00-53.00; Cull 1 33.00-37.00. Virginia: Good 2-4 106.00-109.00. Kalona: Good 3-4 (very fleshy) no test; Good 2-3 (fleshy) 47.00-55.00; Utility and Good 1-2 (medium flesh) 47.50-77.50; Utility 1-2 (thin) 46.00-67.50; Cull and Utility 1-2 (very thin) 20.00-37.50; Cull 1 5.00-17.00. Feeder Lambs: Medium and Large 1-2: San Angelo: 40-60 lbs 196.00-204.00; 60-90 lbs 190.00-194.00. Virginia: no test. California Egg Reports Compiled by USDA Market News Service • Des Moines Shell egg marketer’s benchmark price for negotiated egg sales of USDA Grade A 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) May 25 Benchmark prices are steady. Asking prices for next week are 3 cents lower for Jumbo and un- changed on all other sizes. The undertone is steady to lower. Offerings and supplies remain moderate to heavy. Retail demand is light to moderate although reported as slightly improved in some areas when compared to late last week. Warehouse buying interest continues light. Market activity is slow. Small benchmark price $1.08. Size Range Size Range Jumbo 188 Extra large 151 Large 144 Medium 128 SOUTHERN CALIFORNIA: Prices to retailers, sales to volume buyers, USDA Grade AA and Grade AA, white eggs in cartons, delivered to store door. Size Range Size Range Jumbo 174-186 Extra large 138-145 Large 131-138 Medium 116-123 Cattle Market Reports Compiled by USDA Market News Service • Oklahoma City-Des Moines-St. Joseph, Mo.-Moses Lake, Wash. NATIONAL FEEDER AND STOCKER CATTLE (Federal-State Market News) St. Joseph, Mo. May 25 This week Last week 2017 242,300 250,900 211,400 Compared to May 18: Steers and heifers sold steady to 5.00 higher, recovering some from last week’s losses. Demand was reported good na- tionwide this week as the CME Cattle complex rebounded from last week’s sell-off. Monday, Wednesday and Friday posted triple digit gains this week on the Feeder Cattle Con- tracts with the August and September contracts leading the way with increases of more than 7.00. Supply was described as moderate to heavy at some livestock auctions in the mid-section of the country this week, however, most in Nebraska and the Dakotas either took this week off or will be moving to a summer schedule in the near future due to lighter receipts. The typical lack of feeder cattle moving normal- ly coincides with the farmers getting in the field planting, however the pace of planting picked up dramatically in the last three weeks and corn acreage planted as of Monday was at 81 percent and soybean acreage at 56 percent; equal to the previous five year average for corn and 12 percent ahead for soybeans. The arrival of grass in the Plains states was late due to lower than normal temperatures through April and many areas are still experiencing drought conditions. The anticipation of hay tonnage being lighter than normal in many areas left producers with a conundrum; sell fall calves or sell cows as grazing conditions are not conducive to do both this year. Last Friday at Fort Pierre Livestock in Fort Pierre, S.D., five loads of 805 lb steers sold at 152.50 and three loads of 771 lbs replacement quality heifers sold at 142.50. On Monday at Callaway Livestock Auction in Kingdom City, Mo., a load of 704 lbs steers that were peas in a pod sold at 163.75. On Tuesday at in the hills of North Central Mo., at Unionville Livestock, four loads weighing 925 to 936 lbs from the same consignor sold from 130.85 to 131.50 for a weighted average of 131.30. On Wednesday at Lexington Livestock Market in Lexington, Neb., two loads of 957 lb steers sold for 132.85. On Thursday at Mitchell Livestock Auction in Mitchell, S.D., a load of 916 lb steers sold at 132.50. Packer margins continue to be solidly in the their favor. Coupled with the purchases bought out front, procurement offices are using their inventory management programs to the fullest. As of this writing, fed cattle trading has yet to de- velop and packers are content at the present time to get closer to the June contract. They have not been aggressive at all this week and are looking forward to possibly utilizing some June contracts next week. Cattle slaughter was reported at 647K this week after posting a 660K number last week. Thursday’s monthly livestock slaughter report pegged April’s beef production at 2.12 billion pounds, eight percent above a year ago. Cattle slaughter for April was reported at 2.64 million head; seven percent larger than April 2017. Pork production totaled 2.14 billion pounds, up 8 percent from the previous year and a record high for pork production in April. Tuesday’s cold storage report indicated total red meat supplies in freezers were up 4 percent from the previous month and up 7 percent from last year. Total pounds of beef in freezers were up 2 per- cent from the previous month and up 3 percent from last year. Frozen pork supplies were up 5 percent from the previous month and up 9 percent from last year. The Cattle-on-Feed for May 1 released today were all within industry guesses for the second month in a row and would be viewed as a neutral report. On Feed was reported at 105 percent of a year ago; Placements at 92 percent and Marketings at 106 percent. Effective today, the Chicago Mercantile Ex- change (CME) amended a subsection of the rules for the Feeder Cattle Futures contract to include commented cattle in the calculation of the Feed- er Cattle Index price. The commented cattle de- scribed as “fancy, thin, fleshy, gaunt or full” shall no longer be excluded from the Index starting with the May 2019 contract. In addition, the CME will delay the listing of the May 2019 Feeder Cattle futures and options contracts until June 10, 2018, for a trade date of June 11, 2018. Auction volume this week included 48 percent weighing over 600 lbs and 44 percent heifers. NATIONAL SLAUGHTER CATTLE SUMMARY MAY 25 Slaughter cattle trades not well established in Texas and Kansas. Few live trades in Nebraska sold 3.00-4.50 lower with dress sales 4.00-5.00 lower. Cattle futures traded mostly in the green fol- lowing a week of downhill slides. Packer demand continues good as slaughter rates for the week coming in just short of 650,000. Many will be focusing on beef sales. Boxed beef prices also on the decline for the week. Boxed Beef prices as of Friday afternoon av- eraged 216.03 down 4.31 from last Friday. The Choice/Select spread is 22.81. Slaughter cattle on a national basis for negotiated cash trades through Friday afternoon totaled 31,350 head. Last week’s total head count was 107,542. Midwest Direct Markets: Live Basis: Steers and Heifers: few 109.00- 111.50. Dressed Basis: Steers and Heifers: 176.00- 180.00, few to 182.00 South Plains Direct Markets: Live Basis: Steers and Heifers few 109.00- 110.00 Slaughter Cows and Bulls (Average Yielding Prices): Slaughter cows and bulls mostly steady to 2.00 higher, except the Southeast steady to 1.00 lower. Packer demand moderate and im- proved some from the past few weeks. Cutter Cow Carcass Cut-out Value on Friday afternoon was 175.86 up .88 from last Friday.
