Weekly Market Summary Published by Missouri Department of Agriculture Ag Business Development Division Market News Program
Dr. Jon Hagler, Director Steve Allison, Division Director Tony Hancock, Editor mda.mo.gov http://www.ams.usda.gov/marketnews.htm
Jeremiah W. (Jay) Nixon, Governor Volume XXXI, Number 19 ♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Friday, May 13, 2011 MISSOURI WEEKLY FEEDER CATTLE WEIGHTED AVERAGE REPORT Receipts: 22,878 Week ago: 24,510 Year ago: 26,323 Steers and Heifers Medium and Large 1 (Medium Flesh) Hols. Large 3
Fdr. STEERS: 372 lbs. 463 lbs. 548 lbs. 647 lbs. 742 lbs. 847 lbs. 945 lbs.
Fdr. HEIFERS:
165.33 156.11 148.00 138.35 132.89 124.93 120.55
364 lbs. 451 lbs. 546 lbs. 641 lbs. 739 lbs. 850 lbs. 910 lbs.
Hols. STEERS
147.30 140.21 134.36 128.67 122.00 115.77 103.50
350 lbs. 437 lbs. 533 lbs. 673 lbs. 742 lbs. 817 lbs.
121.67 114.58 108.46 104.66 103.44 107.76
SOUTHERN MISSOURI WEEKLY SUMMARY (West Plains) Feeder Cattle Receipts: 2850 Week ago: 1115 Year ago: 2130 Cow and Bull Receipts: 901 Week Ago: 785 Year Ago: 1162 Compared to last week, steer and heifer calves 3.00-6.00 lower, several 350-500 lb steer calves 6.00-10.00 lower. Yearlings, although limited, sold mostly steady, at times 1.00-2.00 lower on steer cattle. Slaughter cows traded 4.00 to mostly 5.00 lower. Bulls sold 2.00-4.00 lower. STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs 500-600 lbs. 600-700 lbs. 700-800 lbs. Lot 803 lbs.
155.00-167.50 147.00-160.00 135.00-151.00 129.00-138.50 123.00-128.00 124.00
HEIFERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. Lot 910 lbs.
139.00-150.00 133.00-147.00 123.00-143.00 119.00-128.00 113.50-118.50 103.50
Holsteins Large 3 650-670 lbs. Load 739 lbs.
SLAUGHTER COWS: Breaking and Boning (70-85% lean) 70.00-78.00, high dressing 105.00-108.00 76.00-82.00, Lean (85-90%) 103.50 65.00-70.00, low dressing 54.00 -60.00
SLAUGHTER BULLS: Yield Grade 1-2 1150-2050 lbs 84.5089.50, high dressing 98.00-101.00, low dressing 79.50-85.00. Several take home breeding bulls Large 1 37 yrs 1450-1755 lbs 100.00-103.00 COW & CALF PAIRS: Medium and Large 1-2 3-7 yrs 950-1100 lbs with babies to 200 lb calves 1000.00 -1085.00 per pair, few 4-7 yrs 9251050 lbs bred-black with 250-450 lb calves 1300.00-1500.00
REPLACEMENT COWS: Medium and Large 1-2 3-7 yrs 950-1300 lbs 2nd to mostly 3rd stage 925.00-1085.00 per head, couple smaller lots blk 3-6 yrs 1040-1325 lbs 3rd stage 1125.00-1175.00. Pkg 5-6 yrs 1067 yrs 1st and 2nd stage 860.00.
The Weekly Market Summary is available to anyone for a $25.00 annual subscription fee. To subscribe, send your check or money order to: Weekly Market Summary, Missouri Department of Agriculture, P.O. Box 630, Jefferson City, MO 65102.
SOUTHWEST MISSOURI WEEKLY SUMMARY (Joplin and Springfield ) Feeder Cattle Receipts: 6376 Week ago: 5887 Year ago: 6709 Cow and Bull Receipts: 1584 Week ago: 1323 Year ago: 2166 Compared to last week, steer and heifer calves steady to 4.00 lower, yearlings steady to 2.00 lower, Holsteins 1.00-4.00 lower. Slaughter cows 2.00-4.00 lower and bulls were fully steady. STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs. 900-1000 lbs.
HEIFERS: Medium and Large 1
160.00-170.00 148.50-161.00 136.00-154.50 133.00-148.00 129.00-137.50 123.75-129.00 Scarce
HOLSTEINS: Large Frame 3 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.
116.00-117.00 110.00-117.00 104.00-114.50 101.50-109.00 95.00-107.00 Scarce
REPLACEMENT COWS: Medium and Large 1-2 2yrs to short solid mouth 2nd and 3rd stage 940-1340 lbs most 900.001100.00 , some better quality 1125.00-1300.00
300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs. 900-1000 lbs.
136.00-147.50 132.00-151.00 123.00-145.00 126.00-132.50 120.00-128.00 112.00-120.00 Scarce
SLAUGHTER COWS: Breaking and Boning (70-85% lean) 71.0080.00,high dressing 78.00-87.50, Lean (85-90%) 60.00-71.00, low dressing 50.00-62.50 SLAUGHTER BULLS: Yield Grade 1-2 1230-2380 lbs 90.00100.00; high dressing 97.50105.00, low dressing 80.00-89.00 COW & CALF PAIRS: Medium and Large 1-2 2yrs to short solid mouth 975-1300 lb cows w/babies to 325 lb calves and some rebred most 1175.00-1450.00, better quality pair from dispersal 1535.00
NORTHWEST MISSOURI WEEKLY SUMMARY (Maryville, St Joe) Receipts: 3284 Week ago: 1749 Year ago: 1281 Compared to last week, steer calves over 450 lbs and all heifer calves sold mostly 1.00-3.00 lower. Slaughter cows sold 1.00-3.00 lower. FEEDER STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs. 900-1000 lbs.
161.00-185.00 158.50-184.00 148.00-158.00 133.00-143.50 130.00-143.00 122.25-130.25 117.10-125.50
FEEDER HEIFERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs. 900-1000 lbs.
152.00-155.00 141.25-150.50 133.00-146.50 127.00-135.00 122.10-128.25 113.75-114.60 Scarce
SLAUGHTER BULLS: Yield Grade 1-2 1300-2300 lbs 85.0093.00, high dressing 93.5095.50, low dressing 81.00-85.00
SLAUGHTER COWS: Breaking and Boning (70-85% lean) 72.0081.00, high dressing 81.00-82.00, low dressing 67.00-75.00, Lean (8590 % lean) 62.00-69.00
BRED COWS: Large 1 3-6 yr old 1215-1350 lb 2nd-3rd stage 1360.00-1400.00 per head.
COW-CALF PAIRS: Medium and Large 1 1st calf heifers to 5 yr olds 1050-1300 w/100-250 lb calves 2000.00-2210.00
WEST CENTRAL MISSOURI WEEKLY SUMMARY (Kingsville, Sedalia, Butler) Receipts: 3455 Week Ago: 4071 Year Ago: 3781 Compared to last week, feeder steers and heifers uneven from 3.00 lower to 3.00 higher. Slaughter cows steady to 2.00 lower. FEEDER STEERS: Medium and Large 1 and 1-2 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs. 950-975 lbs.
154.00-180.25 144.00-170.00 135.00-163.25 124.00-157.50 123.60-140.00 Scarce Scarce
REPLACEMENT COWS: Medium and Large 1-2 Scarce
COW & CALF PAIRS: Medium and Large 1-2 Scarce
FEEDER HEIFERS: Medium and Large 1 and 1-2 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.
139.00-155.50 128.00-154.25 119.50-148.00 117.50-135.75 114.00-132.00
SLAUGHTER COWS: Breaking and Boning (75-85% lean) 70.25-79.00, High dressing 78.25-85.00, Lean (85-90%) 59.00-71.00 SLAUGHTER BULLS: Yield Grade 1-2, 1015-2000 lbs 85.0096.00; high dressing 96.0099.25; low dressing 71.50-85.00
EAST CENTRAL MISSOURI WEEKLY SUMMARY (Bowling Green, Kingdom City, Boonville, Macon) Receipts: 3461 Week ago: 5365 Year ago: 4908 Compared to last week, feeder calves steady to 5.00 lower, spots 5.0010.00 lower on fleshy/unweaned offerings and yearlings not well tested. Slaughter cows steady to 2.00 lower. FEEDER HEIFERS: FEEDER STEERS: Medium and Large 1& 1-2 Medium and Large 1& 1-2 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.
150.00-170.00 144.50-169.50 140.00-156.00 128.50-144.50 125.00-138.00 Scarce
300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs.
136.00-153.00 130.00-146.00 125.00-139.00 120.00-134.75 Scarce
SLAUGHTER STEERS and HEIF- SLAUGHTER COWS: Breaking and Boning, (70-85% lean) 65.00 ERS : few Choice 2-3 111.00-82.00, high dressing individuals 114.00 up to 90.25, Lean 55.00-75.00 COWS & CALF PAIRS: Medium and Large 1-2 Scarce
SLAUGHTER BULLS: Yield Grade 1-2 1350-2350 lbs Bulk 85.00-97.50, high dressing 97.50 -102.50
NORTHEAST MISSOURI WEEKLY SUMMARY (Palmyra, Unionville, Green City, New Cambria) Feeder Cattle Receipts: 1286 Week ago: 5078 Year ago: 1899 Slaughter Cattle Receipts: 34 Week ago: 0 Year ago: 88 Compared to last week, feeder steers and heifers steady. Slaughter cows 2.00-4.00 lower. Slaughter steers and heifers 1.00-2.00 higher.
FEEDER STEERS: Medium and Large 1 & 1-2 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.
169.50-174.00 158.00-177.75 145.00-156.25 140.00-151.00 132.50-140.75 125.00-128.50
FEEDER HEIFERS: Medium and Large 1 & 1-2 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.
144.50-160.00 134.50-150.00 132.50-148.00 126.85-140.50 124.25-128.50 117.25-124.30
SLAUGHTER STEERS: Choice 2-3 1200-1475 lbs 116.50118.75
SLAUGHTER COWS: Breaking and Boning (75-85% lean) 72.0080.50, Low Dressing 66.00-73.00
SLAUGHTER HEIFERS: Choice 2-3 1200-1350 lbs 114.25115.50
SLAUGHTER BULLS: Yield Grade 1-2 1350-2050 lbs 87.0094.00
COW & CALF PAIRS: Medium and Large 1-2 3-6 yrs 1000-1250 lbs with babies to 250 lb calves 1360.00-1585.00 per pair
REPLACEMENT COWS: Large 1-2 4-6 yrs 1050-1350 lbs 2nd and 3rd stages preg 1085.00-1275.00 per head, few pkgs 1350.001435.00 per head
SOUTHEAST MISSOURI WEEKLY SUMMARY (Fruitland, Patton ) Receipts: 1393 Week ago: 963 Year ago: 1230 Compared to last week, steers and heifers steady to 5.00 lower. Slaughter cows 3.00 lower and bulls sold steady. FEEDER STEERS: Medium and Large 1-2 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.
FEEDER HEIFERS: Medium and Large 1-2
145.50-160.00 137.50-158.00 135.00-144.00 126.00-136.00 116.00-121.50 109.50-111.00
300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. Pkg 778 lbs. Pkg 988 lbs.
132.00-151.00 130.00-144.00 122.00-139.50 110.50-126.50 118.75 108.50-117.00
REPLACEMENT COWS: Medium and Large 1-2 few 3-7 yrs, 925-1235 lbs 2nd-3rd stage, 910.00-1075.00
SLAUGHTER COWS: Breaking and Boning (75-85% lean) 73.0079.25, high dressing 79.00-83.25, Lean (85-90% Lean) 55.00-64.50
COW & CALF PAIRS: Medium and Large 1-2 few 5-7 yrs old, 1020-1290 lbs w/ 90-300 lb calves, 1200.00-1370.00 per pair
SLAUGHTER BULLS: Yield Grade 1-2 1180-1885 lbs, bulk 85.00-92.50; high dressing 91.0093.50
SOUTH CENTRAL MISSOURI WEEKLY SUMMARY (Cuba, Vienna) Receipts: 2125 Week ago: 2184 Year ago: 2240 Compared to last week, feeder steers and heifers 1.00-5.00 lower. Slaughter cows steady to 2.00 lower. FEEDER HEIFERS: Medium and Large 1
FEEDER STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. Pkg 940 lbs.
159.00-171.00 147.00-163.50 135.00-154.00 127.50-136.25 122.00-129.50 108.50
REPLACEMENT COWS: Medium and Large 1-2 few 5-7 yrs, 1050-1300 lbs, 2nd stage 1000.00-1100.00 per head.
300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.
140.00-150.00 130.00-145.00 123.00-138.00 119.50-130.00 114.00-126.00 Scarce
SLAUGHTER COWS: Breaking and Boning (70-85% lean) 73.00-85.50, high dressing 80.50-94.50, Lean (85-90%) 65.00-75.00
COW & CALF PAIRS: Medium and SLAUGHTER BULLS: Yield Large 1-2 Scarce Grade 1-2 1300-2050 lbs 90.00 -97.50; high dressing 97.50107.50; low dressing 84.0085.00 MISSOURI WEEKLY DIRECT SLAUGHTER CATTLE REPORT Weekly Receipts: 100 Week ago: 400 Year ago: 1000 Trading slow to inactive. Compared to last week, no confirmed live sales and dressed sales not well tested, undertone lower. LIVE STEERS & HEIFERS: Choice 2-3 No reported sales
DRESSED STEERS & HEIFERS: 60-80% Choice No reported sales GRADE AND WEIGHT (Grid): Choice 3 550-950 lbs. few 184.00
INTERIOR MISSOURI DIRECT HOGS Weekly Receipts: 4538 Week ago: 3602 Year ago: 4077 Compared to last week’s close barrows and gilts steady to 1.00 higher. Sows steady to 1.00 lower. BARROWS AND GILTS: Base carcass meat price 83.0084.00, weeks top Friday 84.00
SOWS: 300-500 lbs 45.00-52.00 Over 500 lbs 50.00-55.00
MISSOURI WEEKLY DIRECT WEANER AND FEEDER PIG REPORT Receipts: 3904 Compared last week, weaner pigs steady. Feeder pigs lightly tested. (Price Per Head.) Early weaned pigs: 2904 head FOB the farm 0% negotiated 10 lbs base weights 34.50-41.00 weighted average 36.66 Feeder pigs in all lot sizes delivered 100% negotiated 1000 hd 40 lbs 62.00 weighted average 62.00
WEEKLY COMMODITY GRAIN FUTURES TRENDS Compared to last Friday: Soybeans .01 to .12 higher, Wheat .11 to .30 lower, Corn .04 to .15 lower, KC Wheat .03 to .10 lower, SB Meal 1.80 to 4.60 lower. Daily Grain Futures Closes Mon.
WHOLESALE FEEDSTUFFS PRICES (DOLLARS PER TON-BULK BASIS) Area
Soybean Meal 48% Solvent
Cottonseed Meal 41% Solvent
Meat Meal
Wheat Middlings
Kansas City
342.80
300.00
435.00
187.50
St. Louis
372.25
277.50
447.50
173.50
Soybeans May Jul Aug Sep Nov
Tues.
1335 1340 1335 1338 1334 3/4 1337 1326 1/4 1329 3/4 1319 1/2 1322 1/2
Wed.
Thu.
Fri.
1333 1/2 1331 3/4 1331 1/4 1325 1/4 1321
1345 1/4 1342 3/4 1340 1333 1326 1/4
1337 1329 1/2 1326 1/2 1318 1310 3/4
Wheat May Jul Sep Dec Mar
759 1/4 790 1/2 833 878 3/4 916
769 798 3/4 841 1/2 887 3/4 922 1/2
727 3/4 759 805 856 3/4 896 1/2
700 1/2 735 1/2 782 1/4 838 1/4 880 1/4
696 727 3/4 777 835 875
Midwest Exchange Sheep and Goat Market Mexico, MO 5/12/11 Receipts: 273 Week Ago: 234 Year Ago: 244 Sheep: Slaughter Lambs: Choice and Prime 2-3 few 48-52 lbs 200.00228.00, 60-96 lbs 204.00-220.00. Hair lambs: pkg 51 lbs 216.00. Feeder Lambs: Medium and large 1 two pkgs 50-90 lbs 202.00-208.00; Hair Lambs: pkg 44 lbs 172.00. Slaughter ewes: Utility and Good 119-165 lbs 65.00-74.00, pkg shorn 135 lbs 83.00. Replacement Hair Ewes: few 80100 lbs 76.00-108.00. Slaughter Bucks: 120-220 lbs 57.00-72.00. Goats: Slaughter Kids: Selection 1-2 two pkgs 42-48 lbs 228.00-232.00, Selection 2-3 few 40-55 lbs 180.00-196.00. Nannies: Selection 3 90-115 lbs 81.00-101.00, few replacement 102.00-107.00. Billies: Selection 2 135165 lbs 102.00-107.00. (All classes sold per cwt)
Corn May Jul Sep Dec Mar
704 1/2 707 1/2 686 657 1/2 669 1/2
706 707 1/4 681 1/4 652 3/4 664 3/4
668 3/4 677 1/4 651 1/4 626 637 1/4
681 1/4 680 1/2 653 630 1/2 642
679 682 653 3/4 627 638 1/2
KC Wheat May Jul Sep Dec Mar
910 914 1/2 932 1/2 953 1/2 966 1/2
932 1/2 928 1/2 945 1/4 962 1/2 978 1/2
905 900 917 1/2 940 955
869 876 1/4 893 3/4 917 3/4 934 3/4
858 3/4 869 1/2 887 911 928
Norwood-Producers Auction Yards Special Dairy Heifer Sale 5/12/11 Receipts: 996 Month Ago: 1925 Year Ago: 1009 Springer Heifers bred seven to nine months: Supreme 1270.00-1550.00; Approved 1075.00-1275.00; Medium 785.00-1050.00, Crossbreds 900.001050.00. Bred four to six months: Supreme 1275.00-1460.00; Approved 975.00-1250.00, Crossbreds 1040.00-1085.00; Medium 790.00-975.00. Heifers bred one to four months: Supreme 1175.00-1300.00, pkg Jerseys 1180.00; Approved 985.00-1100, Crossbreds 850.00-985.00; Medium 800.00-850.00, Crossbreds 660.00-810.00. Open heifers: Approved 135160 lbs few 310.00;130-190 lbs Crossbreds 270.00-310.00, Jerseys 240.00 -350.00; 225-300 lbs 400.00-500.00; 330-345 lbs 470.00-540.00; 400-500 lbs 530.00-640.00. Medium and Approved Mixed: 300-400 lbs 425.00500.00; pkg 475 530.00; pkg 660 lbs 700.00; 700-730 lbs 850.00-880.00. Replacement Cows: Fresh Cows: Approved ind 1300.00, Crossbred ind 1075.00; Medium 875.00-1075.00; Common ind 725.00; Milking: Common (thin) 310.00-660.00, Jerseys (thin) 300.00-390.00. Springer Cows bred seven to nine months: Common 630.00-850.00. Baby Calves: Crossbred heifers couple 185.00; Jerseys 160.00-180.00.
SB Meal May Jul Aug Sep Oct
345.90 350.40 351.70 349.80 344.20
346.30 350.30 351.70 350.00 344.50
344.10 374.60 349.10 347.60 342.50
349.10 353.30 354.30 352.60 347.00
343.10 345.40 346 344.30 339.10
Diamond MO.-TS Whites sheep and goat sale 05/05/113 Receipts: 1015 Last month: 1500 Year ago: 1147 Sheep: Slaughter Lambs: Choice1-3 wooled and shorn 50-60 lbs 109.00235.00; 60-70 lbs 182.50-200.00; 70-80 lbs 145.50-182.50; 90-100 lbs 180.00-182.50; 120-155 lbs 145.50-167.50. Hair Lambs: 50-60 lbs 185.00200.00; 60-70 lbs 187.50-200.00; 70-80 lbs 185.00-195.00. Stocker/Feeder lambs: wooled 15-30 lbs 172.50-215.00; hair lambs 30-40 lbs 100.00140.00, 40-50 lbs 167.50-245.00. Slaughter Wooled Ewes: 95-205 lbs 45.00-85.00. Hair Ewes: 55-135 lbs 62.50-97.50. Bucks Wooled: Aged weathers 100-175 lbs 117.50-140.00. Hair Bucks: 100-170 lbs 90.00140.00. Replacement Ewes: hair 104-108 lbs 80.00-95.00. Goats: Slaughter Classes: Kids: Selection 1 50-60 lbs 215.00-250.00; Selection 1-2 40-50 lbs 185.00-210.00; Selection 2 60-70 lbs 235.00240.00; 70-80 lbs 172.50-210.00; 80-90 lbs 160.00-165.00, 90-100 lbs 127.50-130.00; Selection 2-3 50-60 lbs 145.00-175.00. Does/Nannies: Selection 1-2 65-138 lbs 62.50-90.00; Selection 3 Dairy nannies 70-150 lbs 42.50-84.00; Billies: Selection 1-2 90-185 lbs 81.00-1125.00; Selection 2-3 Aged Weathers 55-135 lbs 90.00-122.50; Pygmy billies 52-85 lbs 71.00-130.00. Replacement Classes: Nannies: Selection 1 115.00-150.00 per head; Selection 2 75-115 lbs 73-115.00 cwt; Pairs Selection 1-2 50.0095.00; Selection 3 40.00-50.0 per head. Stocker/Feeder kids Selection 2 20 -30 lbs 152.50-180.00; Selection 3 30-40 lbs 85.00-145.00
WEEKLY COMMODITY FUTURES TREND Compared to last Friday: Live Cattle .85 to 1.45 lower, Lean Hogs May .50 lower, others .48 to 2.18 higher, Pork Bellies unchanged, Feeder Cattle .20 to .60 lower.. Daily Futures Closes Mon. Cattle Jun Aug Oct Dec Feb
Tues.
Wed.
Thu.
Fri.
109.00 110.87 116.85 119.10 119.47
109.17 110.72 117.07 119.42 120.00
109.05 110.65 116.30 118.70 119.35
109.85 111.42 116.55 118.97 119.67
109.00 110.55 115.50 117.80 118.40
92.72 92.65 93.20 94.27 87.17
92.05 93.47 93.87 94.90 87.50
92.02 93.22 93.42 94.10 86.90
92.62 94.20 94.15 94.67 87.65
92.85 94.55 93.85 94.47 87.75
Prk Bel May Jul Aug Feb Mar
126.50 121.00 106.50 120.00 120.50
126.50 121.00 106.50 120.00 120.50
126.50 121.00 106.50 120.00 120.50
126.50 121.00 106.50 120.00 120.50
126.50 121.00 106.50 120.00 120.50
Fdr Cat May Aug Sep Oct Nov
128.00 132.30 133.10 133.60 133.45
128.07 132.37 133.35 134.10 133.50
128.82 133.02 134.00 134.57 134.10
129.52 133.92 134.50 135.22 135.02
128.70 132.45 133.02 133.77 133.80
Milk May Jun Jul
16.52 17.27 17.75
16.49 17.38 17.81
16.36 16.76 17.24
16.45 16.96 17.51
16.38 16.92 17.50
Lean Hogs May Jun Jul Aug Oct
WEEKLY MARKET SUMMARY (USPS 597250) To be published weekly by the Missouri Department of Agriculture 1616 Missouri Blvd. Jefferson City, MO 65109
Postmaster: Send address changes to: Missouri Department of Agriculture P.O. Box 630 Jefferson City, MO 65102
Market News Hotline 1-573-522-9244
May 13, 2011
Week Ending May 8, 2011 Agricultural Summary
MISSOURI GRAIN WEEKLY TRENDS Soybeans .06 to .12 higher Wheat .26 to .32 lower Corn .07 lower to .04 higher Grain Sorghum .01 to .08 lower Weekly Missouri Selected Cash Grain Bids Area
#1 Soybeans
Kansas City Monday Tuesday Wednesday Thursday Friday St. Louis Monday Tuesday Wednesday Thursday Friday
Periodicals postage paid at Jefferson City, Missouri
#2 Soft Wheat
#2 Corn
13.61-13.65 13.64-13.68 13.58-13.62 13.73 13.60
7.31-7.36 7.39-7.44 6.99-7.04 6.81 6.73
6.96-6.99 6.95-7.00 6.65-6.70 6.69-6.74 6.70-6.75
11.77 11.75 11.21 11.29 11.30
13.34-13.39 13.42 13.43-13.44 13.47-13.59 13.40-13.47
7.79 7.86 7.58 7.31 7.22
7.10-7.16 7.12-7.17 6.81-6.84 6.91-6.93 6.93-6.94
11.41 11.37 10.87 10.98 11.00
Central Monday 13.25-13.30 6.86-6.91 6.82-6.83 Tuesday 13.28-13.33 6.94-6.99 6.81-6.87 Wednesday 13.22-13.32 6.39-6.59 6.51-6.57 Thursday 13.33-13.43 6.31-6.46 6.55-6.71 Friday 13.20-13.35 6.23-6.48 6.59-6.67 S.E. MO Monday 13.35-13.44 7.80-7.96 7.02-7.09 Tuesday 13.43-13.48 7.94-8.09 7.02-7.11 Wednesday 13.41-13.46 7.57-7.64 6.83 Thursday 13.52-13.60 7.31-7.42 6.75-6.87 Friday 13.41-13.46 7.28-7.38 6.77-6.89 (PRICES PER BU. EXCEPT GR. SORG. PER CWT) *NEW CROP
#2 Grain Sorghum
n/a n/a n/a n/a n/a 10.75-11.09 10.67-11.07 10.19 10.92-10.98 10.21-10.94
The Army Corps of Engineers activated the Birds Point – New Madrid Floodway on May 2, flooding parts of Mississippi and New Madrid Counties. Continued rain in the southeast district (Bootheel) added to the widespread flooding. Over the past week the St. Francis River and Mississippi River crested while the Little River Drainage ditches were filled to capacity. Nearly 600,000 acres divided between 10 southeastern counties were flooded. Less than 1 day was suitable for fieldwork in the Bootheel, but the State averaged 3.4 days suitable for fieldwork. Pleasantly warm sunny conditions accompanied by warm winds allowed nearly 4 to 6 days suitable for all districts except the eastcentral, south-central, and the southeast. Topsoil moisture supply was 1 percent short, 64 percent adequate, and 35 percent surplus. Hampered by the wet spring, the State was at 63 percent of ground worked, 16 days behind last year, and 2 days behind the 5-year average (normal). Field Crops Report Corn planted was 59 percent, 16 days behind last year, and 1 day behind normal. The northwest saw the greatest jump from last week with 78 percent planted, followed by the central district at 64 percent. The south-central district and the Bootheel made no progress due to the wide-spread flooding and continued cool, cloudy weather. Corn emergence was 28 percent, 6 days behind normal. Soybeans were 7 percent planted, 6 days behind last year, and 3 days behind normal. Sorghum planted was at 5 percent, compared to 17 percent last year, and 10 points behind normal. The winter wheat crop continued to be above average with 58 percent headed, 6 days ahead of last year and 3 days ahead of normal. Winter wheat condition declined slightly to 8 percent very poor, 16 percent poor, 34 percent fair, 37 percent good, and 5 percent excellent. The Bootheel rated 49 percent poor to very poor this week, a 30 point decline from last week. Pasture & Livestock Pasture conditions remained similar to last week with 4 percent poor, 37 percent fair, 48 percent good, and 11 percent excellent. Conditions improved slightly in the northeast although there was some backwater flooding along the Mississippi, Salt, and Cuivre River bottoms. Weather Summary Precipitation averaged 1.35 inches state-wide with the Bootheel leading the state, yet again, with 4.77 inches. Temperatures were 1 degree above average to 5 degrees below average in the northern districts. The rest of the state averaged 3 to 7 degrees below average.