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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 21 ♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Friday, May 27, 2011 MISSOURI WEEKLY FEEDER CATTLE WEIGHTED AVERAGE REPORT Receipts: 16,353 Week ago: 25,686 Year ago: 30,088 Steers and Heifers Medium and Large 1 (Medium Flesh) Hols. Large 3

Fdr. STEERS: 369 lbs. 461 lbs. 549 lbs. 641 lbs. 757 lbs. 848 lbs. 929 lbs.

Fdr. HEIFERS:

156.74 145.51 137.71 130.36 121.11 117.94 115.85

370 lbs. 451 lbs. 548 lbs. 640 lbs. 757 lbs. 832 lbs. 913 lbs.

Hols. STEERS

140.51 135.53 126.81 121.35 118.38 107.80 98.25

358 lbs. 434 lbs. 540 lbs. 655 lbs. 734 lbs. 878 lbs. 905 lbs.

110.53 108.52 97.03 92.85 91.89 89.48 88.00

SOUTHERN MISSOURI WEEKLY SUMMARY (West Plains) Feeder Cattle Receipts: 1400 Week ago: 2780 Year ago: 2112 Cow and Bull Receipts: 700 Week Ago: 1127 Year Ago: 777 Compared to last week, steers 450-750 lbs were steady to 2.00 lower, weights over 750 lbs were not well tested, light steer calves under 450 lbs sold 2.00-5.00 lower. Heifers under 550 lbs were 2.00-6.00 lower, weights over 550 lbs were steady to 2.00 lower. Slaughter cows traded mostly steady. Bulls sold firm to 2.00 higher. STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.

HEIFERS: Medium and Large 1

142.50-152.50 143.00-147.50 132.50-146.00 125.00-134.00 118.00-120.00 Scarce Holsteins Large 3

Pkg full 696 lbs. Lot 723 lbs.

300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.

128.00-138.00 126.00-134.50 117.50-127.50 119.00-126.50 Scarce Scarce

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 72.50-81.50, high dressing 95.00 79.00-85.00, Lean (85-90%) 90.00 65.00-73.00, low dressing 57.50 -64.00

SLAUGHTER BULLS: Yield Grade 1-2 1500-2150 lbs 90.0098.00; few high dressing 100.50105.00, low dressing 78.00-85.00. COW & CALF PAIRS: Medium and Large 1-2 Very Scarce, few scattered mostly Medium 2 4-6 yrs including a few short-solid mouth 800-1000 lb some thin condition with babies to 300 lb calves 925.001025.00 per pair.

REPLACEMENT COWS: Medium and Large 1-2 Few singles and sm pkgs better quality 4-6 yrs 1160-1435 lbs 2nd to mostly 3rd stage 900.001050.00 per head, couple sm pkgs Large 1-2 5-6 yrs 14601535 lbs 3rd stage 75.00-78.00 per cwt.

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: 3107 Week ago: 6515 Year ago: 8016 Cow and Bull Receipts: 1474 Week ago: 1766 Year ago: 1901 Compared to last week, steers 2.00-9.00 lower with heifers 1.00-8.00 lower. Holsteins were 5.00-10.00 lower. Slaughter cows steady to 2.00 higher, bulls were steady to 1.00 lower. 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

140.00-180.00 139.00-155.00 125.00-149.00 122.00-136.00 113.50-123.50 110.00-115.00 Scarce

HOLSTEINS: Large Frame 3 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.

111.00-116.00 108.00-114.00 90.00-115.00 93.50-106.00 90.00-95.00 92.00-95.00

300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs. 900-1000 lbs.

147.00 134.00-145.00 125.00-136.00 115.00-139.00 110.00-120.00 127.00 Scarce

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 71.0079.00,high dressing 75.50-86.50, Lean (85-90%) 57.00-68.50, low dressing 48.50-60.00 SLAUGHTER BULLS: Yield Grade 1-2 1170-2370 lbs 88.0098.50; high dressing 95.00-104.50, low dressing 80.00-89.50

REPLACEMENT COWS: COW & CALF PAIRS: Medium Medium and Large 1-2 2yrs to and Large 1-2 4-7 yrs 1000-1150 short solid mouth 2nd and 3rd lb cows w/145-450lbs calves and stage 905-1365 lbs most 875.00rebred 1st and 2nd stage 1425.001110.00, few better quality 1600.00, some 2yrs to short and 1125.00-1200.00, 1st stage 860solid mouth w/ babies to 295 lb 1295 lbs 775.00-1000.00 calves 1210.00-1400.00 NORTHWEST MISSOURI WEEKLY SUMMARY (Maryville, St Joe) Receipts: 2729 Week ago: 1528 Year ago: 3698 Compared to last week, feeder steers 400-700 lbs sold 10.00-15.00 lower, all others steady on a light test. Heifers were steady to 3.00 lower. Slaughter cows sold steady to 2.00-4.00 lower. FEEDER STEERS: FEEDER HEIFERS: Medium and Large 1 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.

162.00-177.00 143.00-157.00 133.00-141.75 125.50-136.00 121.00-130.10 112.00-122.10 111.10-120.50

SLAUGHTER BULLS: Yield Grade 1-2 1375-2300 lbs 83.0091.00, high dressing 92.0093.50, low dressing 73.00-80.00

300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs. 900-1000 lbs.

146.00-150.00 133.75-148.00 121.25-137.00 115.50-127.50 112.00-120.00 105.50-108.50 98.25

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 70.0076.00, high dressing 74.50-78.75, Lean (85-90 % lean) 62.00-71.00

BRED COWS: Large 1 pkg 5-6 COW-CALF PAIRS: Medium and yrs 1260 lbs good quality black Large 1 3-6 yrs 1150-1350 lbs cows cows 2nd and 3rd stage 1425.00 100-200 lb calves 1600.00-1700.00


WEST CENTRAL MISSOURI WEEKLY SUMMARY (Kingsville, Sedalia, Butler) Receipts: 2395 Week Ago: 3215 Year Ago: 4614 Compared to last week, feeders under 600 lbs mostly 4.00-7.00 lower; over 600 lbs 2.00-3.00 lower . Slaughter cows steady to 2.00 higher. 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. 950-1000 lbs.

146.00-159.00 136.50-153.00 126.00-150.00 120.00-136.60 119.75-126.35 114.00-125.50 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.

134.00-146.00 125.50-145.75 118.00-135.00 114.50-127.85 117.25-127.00 Scarce

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 68.00-78.75, High dressing 77.50-88.00, Lean (85-90%) 58.00-73.00 SLAUGHTER BULLS: Yield Grade 1-2, 1135-2370 lbs 85.0096.00; high dressing 97.00104.00

EAST CENTRAL MISSOURI WEEKLY SUMMARY (Bowling Green, Kingdom City, Boonville, Macon) Receipts: 3739 Week ago: 4785 Year ago: 5160 Compared to last week, light supply of feeders 5.00-10.00 lower. Slaughter unevenly steady. 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.

130.00-165.00 130.00-159.00 125.00-145.50 120.00-133.00 114.50-128.50 114.00-116.75

FEEDER HEIFERS: Medium and Large 1& 1-2 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs.

125.00-155.00 120.00-147.00 118.00-134.00 113.00-123.00 112.50-115.00

SLAUGHTER STEERS and HEIF- SLAUGHTER COWS: Breaking and Boning, (70-85% lean) 68.00 ERS : few Choice 2-3 102.00-84.00, high dressing individuals 107.50 up to 92.25, Lean 60.00-75.00 COWS & CALF PAIRS: Medium SLAUGHTER BULLS: Yield and Large 1-2 2-6 yrs w/ 50-250 lb Grade 1-2 1450-2050 lbs Bulk calves 1400.00-1900.00 88.00-100.00, high dressing 100.00-106.00 NORTHEAST MISSOURI WEEKLY SUMMARY (Palmyra, Unionville, Green City, New Cambria) Feeder Cattle Receipts: 969 Week ago: 3374 Year ago: 2296 Slaughter Cattle Receipts: 62 Week ago: 52 Year ago: 87 Compared to last week, feeder steers and heifers trading with a lower undertone on a very light supply. Slaughter cows 1.00-2.00 lower. Slaughter steers and heifers 5.00 lower. 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.

Scarce 145.00-159.00 134.00-145.00 127.25-135.25 128.00-129.00 Scarce

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.

Scarce 116.50-126.00 116.50-127.50 124.00-126.75 114.75-126.00 Scarce

SLAUGHTER STEERS: Choice 2-3 1200-1350 lbs 109.00111.25

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 71.5077.00, Low Dressing 64.50-71.00

SLAUGHTER HEIFERS: Choice 2-3 1100-1275 lbs 107.00108.75

SLAUGHTER BULLS: Yield Grade 1-2 1400-2300 lbs 81.0094.25

COW & CALF PAIRS: Medium and Large 1-2 Scarce

REPLACEMENT COWS: Large 1-2 Scarce

SOUTHEAST MISSOURI WEEKLY SUMMARY (Fruitland, Patton ) Receipts: 1301 Week ago: 1211 Year ago: 1122 Compared to last week, feeder steers and heifers 4.00-12.00 lower. Slaughter cows and bulls sold 2.00 lower. 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. Pkg 920 lbs.

FEEDER HEIFERS: Medium and Large 1-2

131.50-144.00 126.00-146.00 115.00-139.00 109.00-118.75 120.00-125.00 Scarce 105.00

300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.

123.00-139.00 120.00-133.00 112.00-128.50 105.00-118.75 100.00-105.50 Scarce

REPLACEMENT COWS: Medium and Large 1-2 Few 4-8 yrs old, 940-1195 lbs, 2nd and 3rd stage, 880.00-1130.00

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 72.5078.00, high dressing 79.00-83.50, Lean (85-90% Lean) 70.25-77.00

COW & CALF PAIRS: Medium and Large 1-2 Few 4-6 yrs old, 1085-1210 lbs with 100-170 lb calves, 1020.00-1450.00 per pair.

SLAUGHTER BULLS: Yield Grade 1-2 1135-2055 lbs, bulk 85.25-91.00; High dressing 93.2595.00

SOUTH CENTRAL MISSOURI WEEKLY SUMMARY (Cuba, Vienna) Receipts: 1274 Week ago: 2153 Year ago: 2722 Compared to last week, feeder steers sold 3.00-5.00 lower, heifers 4.00 to 6.00 lower. Slaughter cows steady. 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.

148.00-159.00 140.50-146.00 135.50-136.50 126.75-129.00 Scarce

300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs.

126.00-138.00 122.00-131.00 117.00 Scarce Scarce

REPLACEMENT COWS: Medium and Large 1-2 two pkgs 4 yrs to short solid 798-1250 lbs in 2nd stage and 3rd stage 660.00-1225.00

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 73.00-84.25, high dressing 78.50-91.00, Lean (85-90%) 66.00-72.25

COW & CALF PAIRS: Medium and Large 1-2 2yrs to short-solids 9701200 lbs w/100-300 lb calves 955.001400.00 per pair.

SLAUGHTER BULLS: Yield Grade 1-2 1075-2130 lbs 92.5095.00, high dressing 100.00101.00

MISSOURI WEEKLY DIRECT SLAUGHTER CATTLE REPORT Weekly Receipts: 0 Week ago: 200 Year ago: 400 Trading inactive. Compared to last week, no confirmed live sales and dressed sales, most producers passing lower prices and waiting till next week. LIVE STEERS & HEIFERS: Choice 2-3 No sales

DRESSED STEERS & HEIFERS: 60-80% Choice No sales GRADE AND WEIGHT (Grid): Choice 3 No sales

INTERIOR MISSOURI DIRECT HOGS Weekly Receipts: 5997 Week ago: 4960 Year ago: 6061 Compared to last week’s close barrows and gilts 2.00-3 lower. Sows 2.00 lower. BARROWS AND GILTS: Base carcass meat price 81.0084.00, weeks top Wed 87.00

SOWS: 300-500 lbs 45.00-50.00 Over 500 lbs 49.00-54.00


MISSOURI WEEKLY DIRECT WEANER AND FEEDER PIG REPORT Receipts: 1120 Compared last week, weaner pigs not well tested. (Price Per Head.) Early weaned pigs: 1120 head 10 lbs base weights FOB the farm 0% negotiated 41.00 Early weaned pigs: No Sales Reported

WHOLESALE FEEDSTUFFS PRICES (DOLLARS PER TON-BULK BASIS) Area

Soybean Meal 48% Solvent

Cottonseed Meal 41% Solvent

Meat Meal

Wheat Middlings

Kansas City

351.70

325.00

430.00

185.50

St. Louis

383.00

297.50

435.00

179.00

Midwest Exchange Sheep and Goat Market Mexico, MO 5/26/11 Receipts: 345 Last Week: 525 Last Year: 402 SHEEP:198 head Slaughter Lambs: Choice and Prime 2-3 few 50-60 lbs 174.00-184.00; 60-80 lbs 180.00-190.00,90-105 lbs 179.00-188.00. Hair Lambs: few 49-60 lbs 172.00-178.00.Feeder Lambs: Medium and Large 1 two pkgs 40-50 lbs 182.00-183.00.Hair Lambs: pkg 30 lbs 142.00. Slaughter Ewes: few Utility and Good 110-170 lbs 51.00-73.00, few Culls 49.00-51.00. Replacement Ewes: few 2-4 yrs 110-150 lbs 79.00-89.00. Slaughter Bucks: Ind 290 lbs 40.00. GOATS:147 head Slaughter Kids: Selection 1-2 two pkgs 46-66 lbs 226.00; Selection 2-3 two pkgs 45-50lbs 182.00-198.00. Nannies: Selection 1-2 few 95-100 lbs 91.00-95.00; 2-3 80-120 lbs 83.00-92.00. Billies: Selection 1-2 100-200 lbs 91.00-100.00 (prices per hundred weight unless noted ) Springfield Livestock Marketing Center Dairy Heifer Sale 5/25/11 Receipts: 477 Month Ago: 805 Year Ago: 323 Springer heifers bred seven to nine months: Supreme 1510.00-1600.00, Registered indiv 1700.00. Approved 1050.00-1210.00, indiv Jersey 1000.00, indiv Crossbred 1125.00. Medium 800.00-960.00. Common 600.00-725.00. Heifers bred three to six months: Supreme 1250.001530.00. Approved 1000.00-1200.00, Crossbreds 1000.00-1180.00. Medium 800.00-980.00. Common 600.00-730.00. Open heifers: Approved 195-285 lbs 300.00-470.00, Crossbreds 300.00-370.00; 305-393 lbs 440.00 -620.00, Jerseys 460.00-540.00, Crossbreds 260.00-410.00; 408-493 lbs 540.00-680.00, Lot of 11 Jerseys @ 483 lbs 705.00, Crossbreds 480.00550.00; 503-595 lbs 560.00-770.00, Crossbreds 480.00-690.00; 605-690 lbs 590.00-840.00, Crossbreds 620.00-770.00; 700-788 lbs 770.001020.00, Crossbreds 760.00-830.00. Replacement cows: Fresh cows: Supreme Few 1400.00-1575.00. Approved few 1075.00-1250.00, few Jerseys 910.00-920.00. Medium 600.00-800.00. Springer Cows: Supreme Indiv 1350.00, indiv Crossbred 1200.00. Approved 1000.00-1075.00. Baby calves: Holstein bulls 145.00-190.00. Jersey bulls 70.00-90.00 Buffalo Livestock Market Sheep and Goat Sale 05/25/11 Receipts: 457 Last month: 861 Year ago: 1010 Sheep: Slaughter Lambs: Choice 1-3 wooled 50-60 lbs 185.00-190.00; 60-70 lbs 185.00-197.50; 103-200 lbs 92.50-98.00. Hair lambs: 50-60 lbs 185.00-200.00; 60-70 lbs 185.00-192.50; 70-80 lbs 185.00-190.00; 80-90 lbs 185.00-187.50. Feeder/stocker lambs: wooled 30-50 lbs 187.50 -212.50. Hair: 30-40 205.00; 40-50 lbs 180.00-215.00; Replacement Ewe Lambs 50-60 lbs 250.00-290.00; 60-70 lbs 200.00-205.00. Slaughter Ewes: wooled Utility and Good 110-280 lbs 34.00-50.00. Hair ewes: 105-128 lbs 55.00-79.00. Hair bucks: 100-185 lbs 66.00-91.00. Replacement ewes: Wooled: 132-187 lbs 60.00-70.00. Hair: 85-140 lbs 125.00135.00. Goats: Slaughter Classes: Kids: Selection 1-2 30-40 lbs 195.00240.00; 40-50 lbs 192.50-200.00; 50-60 lbs 190.00-220.00; 60-70 lbs 190.00-212.50; Selection 3 50-60 lbs 165.00-172.50. Does/Nannies: Selection 1-2 85-135 lbs 64.00-84.00; Selection 3 75-140 lbs 66.0093.00. Billies: Selection 3 95-170 lbs 80.00-97.50. Replacement Classes: Does/Nannies: Selection 1-2 71-185 lbs 65.00-120.00 cwt; Selection 3 Dairy 77.50-120.00 per head. Billies: Selection 1 few 135-200 lbs 101.00-112.00 Stocker/feeder kids: 20-30 lbs 175.00-215.00; 30-40 lbs 162.50-215.00; Selection 3 40-50 lbs 122.00-147.50. (All prices sold per cwt)

WEEKLY COMMODITY GRAIN FUTURES TRENDS Compared to last Friday: Soybeans .Jul .01 lower others .04 to .19 higher, Wheat .09 to .19 higher, Corn Jul .01 lower, others .11 to .19 higher, KC Wheat .10 to .23 higher, SB Meal nearby 1.60 to 5.00 lower, others .40 to 1.30 higher. Daily Grain Futures Closes Mon.

Tues.

1373 3/4 1367 1/4 1358 1/4 1350 3/4 1358 1/4

1372 1/4 1368 1360 1/2 1354 1/4 1362 1/4

1377 1373 1367 1361 1369 3/4

1384 3/4 1381 1377 1372 1/2 1381

1379 3/4 1375 3/4 1372 1368 1/2 1377 1/2

Wheat Jul Sep Dec Mar May

803 850 1/2 898 1/4 928 1/4 933 3/4

779 3/4 828 1/2 878 3/4 914 3/4 925 1/2

796 1/2 845 1/2 895 3/4 930 936 3/4

814 1/2 863 907 939 3/4 945 1/2

819 3/4 868 1/4 909 1/4 936 3/6 943 1/4

Corn Jul Sep Dec Mar May

754 719 3/4 670 1/2 683 690 1/4

733 1/4 705 662 1/2 672 3/4 679 3/4

742 1/4 714 3/4 670 3/4 681 3/4 688 1/4

745 1/2 718 1/4 676 1/4 688 1/4 692 1/2

758 1/2 728 1/4 684 695 701 3/4

KC Wheat Jul Sep Dec Mar May

931 949 3/4 971 1/2 982 978 1/2

912 930 3/4 953 1/2 969 1/2 971

928 3/4 948 971 1/2 987 1/2 987 1/2

942 3/4 962 984 3/4 999 1/4 998 1/4

943 961 1/4 984 997 1/2 996 1/4

SB Meal Jul Aug Sep Oct Dec

358.80 358.80 356.50 350.30 350.30

359.20 359.60 357.90 352.20 352.60

358.30 358.90 357.30 351.60 351.90

360.30 361.00 359.70 354.70 355.10

355.60 356.60 355.50 350.80 351.60

Soybeans Jul Aug Sep Nov Jan

Wed.

Thu.

Fri.

WEEKLY COMMODITY FUTURES TREND Compared to last Friday: Live Cattle .87 to 2.97 lower, Lean Hogs 1.75 to 3.72 lower, Pork Bellies unchanged, Feeder Cattle 2.82 to 3.02 lower. Daily Futures Closes Mon. Cattle Jun Aug Oct Dec Feb

Tues.

Wed.

Thu.

Fri.

102.15 104.10 110.57 113.82 115.17

102.37 103.90 109.67 113.45 115.07

104.55 105.22 110.80 114.45 116.10

104.02 104.57 110.30 114.00 115.75

104.10 105.05 110.60 114.50 115.95

89.25 89.32 90.55 83.70 81.90

87.45 86.92 89.10 82.87 80.95

88.30 87.40 89.30 83.77 81.80

87.80 87.27 89.02 83.62 81.70

88.92 88.60 90.22 84.25 82.35

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

——— 106.50 120.00 120.50 121.50

——— 106.50 120.00 120.50 121.50

Fdr Cat May Aug Sep Oct Nov

123.80 122.75 124.07 125.12 125.75

123.95 122.77 124.22 124.97 125.37

124.67 124.52 125.55 126.35 126.55

124.95 123.02 124.15 124.90 125.60

——— 122.72 124.25 125.10 125.82

Milk May Jun Jul

16.48 17.84 18.78

16.46 17.96 19.01

16.49 18.32 18.99

16.51 18.41 19.08

16.55 18.48 19.12

Lean Hogs Jun Jul Aug Oct Dec


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 27, 2011

Week Ending May 22, 2011 Agricultural Summary

MISSOURI GRAIN WEEKLY TRENDS Soybeans unch to .04 higher Wheat .08 to .13 higher Corn .02 lower to .08 higher Grain Sorghum unch to .14 higher Weekly Missouri Selected Cash Grain Bids Area

#1 Soybeans

Periodicals postage paid at Jefferson City, Missouri

#2 Soft Wheat

#2 Corn

#2 Grain Sorghum

Kansas City Monday Tuesday Wednesday Thursday Friday

14.04 14.02 14.07 14.15 14.10

7.48-7.53 7.25-7.30 7.42-7.47 7.60-7.65 7.65-7.70

7.48-7.51 7.29-7.30 7.39-7.44 7.43-7.48 7.62

12.59 12.29 12.54 12.61 12.84

St. Louis Monday Tuesday Wednesday Thursday Friday

13.94-13.96 13.92-13.93 13.97-13.98 14.05-14.10 14.00-14.05

8.00 7.77 7.94 8.11 8.16

7.66-7.67 7.43-7.46 7.53-7.55 7.57-7.58 7.69-7.72

12.51 12.14 12.30 12.35 12.58

Central Monday 13.64-13.79 7.23-7.53 7.39-7.49 Tuesday 13.62-13.72 7.00-7.30 7.23-7.28 Wednesday 13.67-13.82 7.17-7.47 7.32-7.37 Thursday 13.80-13.90 7.45-7.65 7.36-7.41 Friday 13.75-13.85 7.40-7.70 7.48-7.54 S.E. MO Monday 13.87-13.95 8.07-8.18 7.51-7.61 Tuesday 13.85-13.96 7.88-7.96 7.30-7.41 Wednesday 13.90-14.01 8.06-8.18 7.39-7.50 Thursday 13.98-14.09 8.27-8.36 7.42-7.56 Friday 13.96-14.04 8.30-8.41 7.55-7.66 (PRICES PER BU. EXCEPT GR. SORG. PER CWT) *NEW CROP

n/a n/a n/a n/a n/a 12.23-12.39 11.92-12.01 12.08-12.17 12.14-12.25 12.37-12.42

Cool spring weather hit the state, characterized by intermittent rain showers, hail, and tornadoes. Flood waters continued to drain in the southeast district (Bootheel), but the central district experienced flash flooding along the Moreau and Moniteau Rivers. Statewide there were 3.0 days suitable for fieldwork. The south-central district enjoyed 4.1 days suitable for fieldwork, but the central district was limited to 1.6 days. Topsoil moisture supply was 1 percent short, 53 percent adequate, and 46 percent surplus. Despite the cool spring, and unforeseen flooding in the Bootheel, spring tillage was 79 percent statewide, the same as the historic 5-year average (normal), and very similar to last year’s 81 percent. Field Crops Report Corn planting proceeded around the state and replanting amped up in the bootheel. Corn planted was 88 percent, 3 days ahead of 2010, and 4 days ahead of normal. Corn emergence was 69 percent, 1 day behind last year, but 4 days ahead of normal. Corn condition was 2 percent very poor, 7 percent poor, 33 percent fair, 49 percent good, and 9 percent excellent. Planted soybeans advanced 12 points to 33 percent, 4 days ahead of last year, and 1 day ahead of normal. Soybean emergence was 13 percent, the same as last year. Sorghum was 17 percent planted, 5 points behind last year and 18 points behind normal. Winter wheat was 90 percent headed, 8 days ahead of last year, and 4 days ahead of normal. Concerns over wheat diseases continued to rise as the weather remained wet. Winter wheat condition was 10 percent very poor, 17 percent poor, 30 percent fair, 36 percent good, and 7 percent excellent. Pasture & Livestock Pasture development continued to be very slow across the northern portion of the state due to continued cool weather. Pasture condition was 3 percent poor, 33 percent fair, 53 percent good, and 11 percent excellent. Weather Summary Precipitation averaged 1.46 inches statewide with the central district leading the state at 2.33 inches. Temperatures were 2 to 3 degrees below average in the northwest district while the rest of the state was 3 to 4 degrees below average.

2011_0527  

HEIFERS: Medium and Large 1 SOUTHWEST MISSOURI WEEKLY SUMMARY (Joplin and Springfield ) Feeder Cattle Receipts: 3107 Week ago: 6515 Year ago...

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