2011_0701

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 26♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Friday, July 1, 2011 MISSOURI WEEKLY FEEDER CATTLE WEIGHTED AVERAGE REPORT Receipts: 25,882 Week ago: 33,217 Year ago: 33,209 Steers and Heifers Medium and Large 1 (Medium Flesh) Hols. Large 3

Fdr. STEERS: 351 lbs.

458 lbs.

548 lbs.

647 lbs.

741 lbs.

844 lbs.

924 lbs.

Fdr. HEIFERS:

163.89 154.66 146.35 139.17 133.37 128.71 124.95

363 lbs.

459 lbs.

549 lbs.

647 lbs.

727 lbs.

829 lbs.

Hols. STEERS

144.28 140.07 133.40 130.09 126.24 119.12

364 lbs.

436 lbs.

559 lbs.

664 lbs.

745 lbs.

806 lbs.

927 lbs.

104.44 106.97 105.50 102.82 102.63 98.49 96.30

SOUTHERN MISSOURI WEEKLY SUMMARY (West Plains) Feeder Cattle Receipts: 4000 Week ago: 4746 Year ago: 4800 Cow and Bull Receipts: 589 Week Ago: 553 Year Ago: 1350 Compared to last week, steer and heifer calves uneven 5.00 lower to 2.00 higher. Yearlings steady to 2.00 higher, with 700 lb steers 4.006.00 higher. Slaughter cows and bulls steady to 2.00 lower.

STEERS: Medium and Large 1 Pkg 308 lbs.

350-400 lbs 400-500 lbs 500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

162.50 Scarce 147.50-158.00 138.00-148.50 133.50-143.00 129.50-135.00 Scarce Holsteins Large 3

Pkg 378 lbs.

400-500 lbs.

550-600 lbs.

Lot 726 lbs.

Pkg 752 lbs.

HEIFERS: Medium and Large 1 Pkg 388 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-750 lbs.

850-875 lbs.

132.50 128.50-141.00 124.00-135.00 120.00-127.50 117.50-125.00 109.00-112.50

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 65.00-75.00, high dressing 107.50 74.00-76.00, Lean (85-90%) Scarce 60.00-66.50 low dressing 50.0095.00-102.50 60.00.

103.50 95.00

SLAUGHTER BULLS: Yield Grade 1-2 1240-2000 lbs. 85.0093.00, high dressing ind. 2355 lbs.

100.00, low dressing 76.50-84.00.

COW & CALF PAIRS: Medium and Large 1-2 few scattered sales 27 yrs 950-1125 lbs. bred back 1st stage with 200-325 lbs. calves 1250.00-1425.00 per pair.

REPLACEMENT COWS: Medium and Large 1-2 higher quality 4-7 yrs 1050-1325 lbs 2nd and 3rd stage 900.001050.00 per head, group blk 5-7 yrs 1150-1325 lbs 3rd stage 1150.00-1200.00, average quality 3-7 yrs. 1035-1265 lbs 2nd and 3rd stage 800.00-950.00, Medium 2 draft 5-7 yrs 900 lbs thin, 3rd stage 850.00.

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: 10,196 Week ago: 12,876 Year ago: 7141 Cow and Bull Receipts: 1263 Week ago: 1411 Year ago: 1680 Compared to last week, Feeders sold steady to 2.00 higher, Holsteins steady. Slaughter cows sold steady to 3.00 lower and slaughter bulls 1.00 lower to 3.00 higher STEERS: Medium and Large 1 300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

900-1000 lbs.

HEIFERS: Medium and Large 1

156.00-169.00 140.00-156.00 133.00-153.00 130.00-141.50 130.00-136.00 123.00-131.50 123.00-126.25

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

139.00-145.00 128.00-148.00 124.50-137.00 122.00-131.50 120.00-129.00 112.00-124.25

HOLSTEINS: Large Frame 3 300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

900-1000 lbs.

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 64.0075.00, high dressing 71.00-79.00.

100.00-102.00 Lean (85-90%) 53.50-64.00, low 93.00-115.50 dressing 45.00-54.00.

108.00-115.50 99.00-108.50 SLAUGHTER BULLS: Yield 99.50-106.25 Grade 1-2 1145-2260 lbs. 82.5083.50-100.00 90.00, high dressing 89.00-95.00, 93.50-100.75 low dressing 73.50-83.00.

REPLACEMENT COWS: Medium and Large 1-2 2-7 yrs 2nd and 3rd stage 950-1370 lbs.

825.00-1300.00, SS to BM 3rd stage 1050-1345 lbs. 850.00975.00 per head.

COW & CALF PAIRS: Medium and Large 1-2 2 yrs to short and solid mouth 950-1300 lbs. with babies to 260 lbs calves, 1125.001325.00 per head.

NORTHWEST MISSOURI WEEKLY SUMMARY (Maryville, St Joe) Receipts: 1161 Week ago: 1941 Year ago: 350 Compared to two weeks ago, yearlings 8.00 to 12.00 higher, calves steady to 2.00 higher instances of 5.00 higher especially on heifer calves.

Slaughter cows sold 1.00 to 2.00 lower FEEDER STEERS: FEEDER HEIFERS: Medium and Large 1 Medium and Large 1 400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

900-1000 lbs.

152.50-162.00 146.50-160.00 145.00-149.25 136.25-142.25 131.75-134.75 124.60-130.10

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

138.50-160.00 135.00-144.25 131.25-147.00 133.00-143.75 127.75-132.00 Scarce

SLAUGHTER BULLS: Yield Grade 1-2 1400-2125 lbs 87.0090.00, high dressing 92.0093.00

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 67.0075.00, high dressing 74.00-78.00.

Lean (85-90 % lean) 55.00-65.00

BRED COWS: Medium and Large 1-2 Scarce

COW-CALF PAIRS: Medium and Large 1 Scarce

WEST CENTRAL MISSOURI WEEKLY SUMMARY (Kingsville, Sedalia, Butler) Receipts: 2304 Week Ago: 1947 Year Ago: 2422 Compared to last week: Feeders sold 2.00 to instances of 11. 00 higher; heifers steady to instances of 6.00 higher. Slaughter cows 1.00 higher to 3.00 lower.

FEEDER STEERS: FEEDER HEIFERS: Medium and Large 1 and 1-2 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.

Lot 907 lbs.

169.50-175.00 134.00-172.00 137.50-164.25 132.00-151.00 121.50-140.00 131.50-135.10 129.85

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

142.00-154.00 133.50-149.50 121.25-147.00 119.75-136.35 125.25-128.75 Scarce

SLAUGHTER BULLS: Yield Grade 1-2 1190-2260 lbs 84.0592.50; low dressing 82.00-83.50.

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 67.50-75.50, high dressing 73.25 -79.75. Lean (85-90%) 62.0071.00, low dressing 56.00-62.25

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

REPLACEMENT COWS: Medium and Large 1-2 Scarce

EAST CENTRAL MISSOURI WEEKLY SUMMARY (Bowling Green, Kingdom City, Boonville, Macon) Receipts: 4290 Week ago: 3806 Year ago: 3511 Compared to last week, feeders firm to 5.00 higher. Slaughter cows unevenly steady.

FEEDER STEERS: Medium and Large 1& 1-2 350-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

825-850 lbs.

900-925 lbs.

Scarce 142.00-171.00 140.00-159.00 132.00-149.75 127.25-138.00 126.10-137.50 123.25

FEEDER HEIFERS: Medium and Large 1& 1-2 350-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-875 lbs.

150.00-154.00 135.00-150.00 130.00-145.00 122.00-136.75 120.00-129.60 118.50-120.10

SLAUGHTER STEERS and HEIF- SLAUGHTER COWS: Breaking and Boning, (70-85% lean) 62.00 ERS : few Select and Choice 2-4 -80.00 high dressing 85.00. Lean 103.00-112.00.

(85-90%lean) 55.00-73.00.

COWS & CALF PAIRS: Medium and Large 1-2 5-6 yrs with 50-250 lbs. calves 1500.00-1575.00.

SLAUGHTER BULLS: Yield Grade 1-2 1350-2150 lbs 82.7590.00 few 90.00-95.50.

NORTHEAST MISSOURI WEEKLY SUMMARY (w/e 06/24/11) (Palmyra, Unionville, Green City, New Cambria) Feeder Cattle Receipts: 3350 Week ago: 1431 Year ago: 2942 Slaughter Cattle Receipts: 13 Week ago: 13 Year ago: 9 Feeder steers 4.00-12.00 higher. Feeder heifers 2.00-6.00 higher.

Slaughter cows 1.00-3.00 lower. Slaughter steers and heifers 4.00-5.00 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.

900-1000 lbs.

157.50-171.00 150.00-172.00 150.00-159.25 134.00-150.00 126.00-138.85 123.00-132.60 122.50-128.70

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.

136.50-148.50 139.00-147.75 129.50-144.50 121.00-132.75 118.50-128.00 117.00-122.75

SOUTHEAST MISSOURI WEEKLY SUMMARY (Fruitland, Patton ) Receipts: 973 Week ago: 972 Year ago: 1019 Compared to last week steers and heifers sold steady to 2.00 lower.

Slaughter cows sold 2.00 lower and bulls were steady.

FEEDER STEERS: Medium and Large 1-2 300-400 lbs.

400-450 lbs.

450-500 lbs 500-550 lbs.

550-600 lbs.

600-700 lbs.

136.00-159.00 143.00-152.50 130.00-143.00 132.00-144.00 125.50-134.00 120.00-129.50

REPLACEMENT COWS: Medium 2 few 2-7 yrs 930-1210 lbs. 2nd and 3rd stage 925.001135.00.

COW & CALF PAIRS: Medium and Large 1 3-6 yrs 1100-1300 lbs with 200-350 lbs calves 1410.001530.00 per pair.

REPLACEMENT COWS: Large 1-2 Medium and Large 1 3-6 yrs 1150-1350 lbs 2nd and 3rd stage 1280.00-1340.00 per head.

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

131.50-151.00 124.00-137.50 118.00-128.50 108.50-127.00 100.50-110.00

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 65.00-74.50, high dressing 73.00-78.50. Lean (85-90% Lean) 58.00-63.00

COW & CALF PAIRS: Medium SLAUGHTER BULLS: Yield and Large 1-2 2-7 yrs, 930-1210 Grade 1-2 1550-1860 lbs, 84.00 lbs with 90-230 lbs calves, 1010.00- -88.00, high dressing 91.50.

1500.00 per pair.

SOUTH CENTRAL MISSOURI WEEKLY SUMMARY (Cuba, Vienna) Receipts: 2985 Week ago: 3914 Year ago: 2601 Compared to last week, feeders uneven-mostly steady to 3.00 higher.

Slaughter cows 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.

Pkg 870 lbs.

FEEDER HEIFERS: Medium and Large 1

161.00-172.75 152.50-166.00 142.00-159.00 134.00-149.75 130.00-140.00 122.25

REPLACEMENT COWS: Medium and Large 1-2 2-8 years 1000-1275 lbs 2nd-3rd stage 1100.00-1375.00 per head.

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

137.00-151.50 136.00-149.50 132.00-147.60 124.50-137.50 124.50-126.50

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 67.00-74.50, high dressing 73.00 -83.00. Lean (85-90%) 61.0068.00, low dressing 45.00-60.00

COW & CALF PAIRS: Medium and SLAUGHTER BULLS: Yield Large 1-2 yrs to short and solid, 1000 Grade 1-2 1600-1900 lbs 86.00-1175 lbs with 150-300 lb calves 92.00 Ind. Fleshy 78.50 1100.00-1460.00 per pair.

MISSOURI WEEKLY DIRECT SLAUGHTER CATTLE REPORT Weekly Receipts: 0 Week ago: 200 Year ago: 400 Trading was inactive as of 8:00a.m. Friday. Compared to last week, no confirmed live sales and dresses sales as producers are passing lower bids.

LIVE STEERS & HEIFERS: Choice 2-3 No sales reported

DRESSED STEERS & HEIFERS: 60-80% Choice No sales reported GRADE AND WEIGHT (Grid): Choice 3 550-950 lbs No sales reported

SLAUGHTER STEERS: SLAUGHTER COWS: Breaking Choice 2-3 1100-1400 lbs. 108.75- and Boning (75-85% lean) 69.00111.75.

79.00, low dressing 64.50-72.50.

SLAUGHTER HEIFERS: SLAUGHTER BULLS: Yield Choice 2-3 1100-1450 lbs. 110.50- Grade 1-2 1300-2200 lbs. 84.00111.75.

95.50.

FEEDER HEIFERS: Medium and Large 1-2

INTERIOR MISSOURI DIRECT HOGS Weekly Receipts: 4227 Week ago: 4112 Year ago: 4873 Compared to last week’s close barrows and gilts steady to 1.00 higher. Sows steady to 2.00 higher.

BARROWS AND GILTS: Base carcass meat price 90.0094.00, weeks top Tuesday 96.00

SOWS: 300-500 lbs 45.00-51.00 Over 500 lbs 47.00-54.00

MISSOURI WEEKLY DIRECT WEANER AND FEEDER PIG REPORT Receipts: 9422 Compared to last week, weaner and feeder pigs had no good comparisons. Supply and demand moderate. (Price Per Head.) Early weaned

pigs 10 lb. base weights FOB the farm 0% negotiated 3722 head 10 lbs 34.50-42.00 weighted avg price 39.25 Early weaned pigs 10 lb. base weights delivered 0% negotiated 1100 head 10lbs 41.00 Feeder pigs all lot sizes Delivered 18% negotiated 4600 head 40lbs 41.50-69.50 weighted avg 64.63 WHOLESALE FEEDSTUFFS PRICES (DOLLARS PER TON-BULK BASIS) Area

Soybean Meal 48% Solvent

Cottonseed Meal 41% Solvent

Meat Meal

Wheat Middlings

Kansas City

325.80

345.00

380.50

160.00

St. Louis

374.50

342.50

390.00

156.50

Midwest Exchange Regional Stockyards Mexico 06/30/11 Receipts: 163 Last Week: 528 Last Year: 563 SHEEP: 100 head Slaughter Lambs: Choice and Prime 1-3 few pkgs 65100 lbs 172.00-182.00 Hair Lambs and Hair Cross: few pkgs 45-65 lbs 141.00-150.00 Feeder Lambs: Hair Lambs: small pkg 39 lbs 128.00 Slaughter Ewes: Utility and Good 1-3 130-200 lbs 55.00-65.00, few 65.00 -67.00 Slaughter Bucks: 180-235 lbs 49.00-68.00, Hair 140-155 lbs 67.00 -74.00 GOATS: 63 head Slaughter Kids: Selection 2 pkg 54 lbs 169.00.

Selection 2-3 few pkgs 48-58 lbs 156.00-160.00. Selection 3 pkg 40 lbs 128.00. Replacement/Feeder Kids: Selection 2 pkg 32 lbs 122.00 Nannies: Selection 1-2 few 90-120 lbs 72.00-76.00 Selection 2-3 70-110 lbs 60.00-66.00 Billies: absent.(All prices per hundred weight) Springfield Livestock Marketing Center-Speical Dairy Sale 06/28/2011 Receipts: 701 Month Ago: 477 Year Ago: 435 Springer heifers bred seven to nine months: Supreme 1300.00-1490.00, ind. 1700.00. Approved 1070.00-1300.00, Crossbreds 960.00-985.00. Medium 830.00-1050.00. Common 540.00-825.00. Heifers bred three to six months: Supreme 1360.00-1555.00. Approved 1000.00-1300.00, Crossbreds 1050.00-1150.00. Medium 800.00-1025.00. Common 630.00840.00. Open heifers: Approved 225-300 lbs 405.00-440.00, Crossbreds 290.00-400.00; 300-400 lbs 480.00-580.00, Crossbreds 410.00-540.00; 400-500 lbs 610.00-700.00, Crossbreds 475.00-550.00; 670-700 lbs 790.00 -910.00; 750-800 lbs. 910.00-1010.00. Medium 225-260 lbs 340.00350.00, 325-360 lbs 385.00-410.00, Crossbreds 300.00-330.00, 400-500 lbs Crossbreeds 370.00-450.00, 500-600 lbs. Crossbreeds 520.00-600.00.

Replacement cows: Fresh cows: Approved ind. 980.00, Jerseys 1100.001150.00. Medium 670.00-800.00, ind. Jersey 925.00. Springer Cows: Approved 950.00-1200.00. Medium 770.00-1000.00 Jerseys 800.00-1000.00, Common 710.00-800.00 Jerseys 510.00-575.00. Baby calves: Holstein Heifers 200.00, Holstein bulls 105.00-185.00, Crossbred bulls 90.00-125.

Buffalo Livestock Market Monthly Sheep and Goat Auction 06/28/2011 Receipts: 717 Last Month: 529 Year Ago: 747 Sheep: Slaughter Lambs: Choice 2-3 wooled 40-50 lbs 170.00-171.00, 50-60 lbs. 151.00-181.00, 60-70 lbs. 174.00-179.00, 70-80 lbs. 150.00157.50, 80-90 lbs. 162.00-176.00, 90-100 lbs. 177.00-179.00, 105-175 lbs. 162.00-180.00. Hair lambs: 50-70 lbs 135.00-165.00, 70-90 lbs.

156.00-175.00. Stocker/feeder lambs: Wooled 30-40 lbs 159.00-180.00; hair 30-40 lbs. 139.00-155.00. Slaughter Ewes: 130-203 lbs 44.00-62.50, Hair 62-225 lbs. 47.00-76.00. Slaughter Bucks: Wooled 175-210 lbs.

49.00-61.00, Hair 100-210 lbs. 50.00-87.50. Replacement Ewes: Wooled 148-173 lbs. 57.00-78.00, Hair 95-150 lbs. 92.00-107.50. Replacement Buck: Wooled 165-200 lbs. 64.00-122.50. Goats: Slaughter Classes: Kids: Selection:1 40-50 lbs 149.00-155.00, 50-60 lbs 148.00-170.00; 7080 lbs 140.00-159.00; Selection 1-2 60-70 lbs 135.00-157.00, 105-108 lbs. 132.50-142.50. Does/Nannies: Selection 1-2 73-157 lbs 50.00-85.00.

Billies: Selection 1-2 93-170.00 lbs 90.00-127.50; Selection 3 55-125 lbs. 85.00-125.00. Replacement Classes: Selection 1-2 70-105 lbs 51.0097.50. Stocker/Feeder Kids: Selection 2 20-30 lbs 140.00-155.00, 30-40 lbs 125.00-143.00; 40-50 lbs 115.00-139.00; Selection 3 20-30 lbs 110.00-120.00; 30-50 lbs 80.00-125.00.

WEEKLY COMMODITY GRAIN FUTURES TRENDS Compared to last Friday: Soybeans uneven .03 lower to .03 higher, Wheat .26 to .51 lower, Corn .30 to .51 lower, KC Wheat .41 to .47 lower, SB Meal 1.00 to 4.10 higher.

Daily Grain Futures Closes Mon. Soybeans Jul Aug Sep Nov Jan

Tues.

1329 3/4 1330 3/4 1322 3/4 1324 1/2 1316 3/4 1321 1315 1319 1325 1329 1/4

Wed.

Thu.

Fri.

1334 1/4 1327 1/2 1323 1/2 1332 3/4 1332 3/4

1306 1/4 1299 1/2 1295 1/2 1294 1304 1/4

1322 1/4 1312 3/4 1309 1/2 1312 1/2 1322 3/4

Wheat Jul Sep Dec Mar May

622 3/4 650 3/4 695 3/4 729 3/4 744 1/4

640 1/4 671 3/4 715 754 3/4 770 3/4

641 1/4 674 1/4 717 1/2 755 1/2 771 1/4

584 3/4 614 1/4 657 1/2 695 1/2 718

584 1/2 612 1/4 660 701 727 1/2

Corn Jul Sep Dec Mar May

660 3/4 644 1/4 626 3/4 640 1/2 648

683 670 653 667 3/4 674 1/2

698 678 650 1/2 662 3/4 669

629 648 620 1/2 632 3/4 639

640 3/4 606 3/4 596 3/4 610 3/4 619 1/4

KC Wheat Jul Sep Dec Mar May

728 1/2 747 773 787 793 3/4

743 3/4 763 789 1/4 804 3/4 812

745 764 790 806 1/2 812 1/2

688 3/4 707 1/4 733 1/4 749 3/4 759 3/4

584 1/2 612 1/4 660 701 727 1/2

SB Meal Jul Aug Sep Oct Dec

343.00 344.50 343.00 339.30 339.50

338.90 341.30 340.70 373.70 338.70

337.90 340.40 339.80 337.90 338.10

332.20 334.50 333.50 330.50 330.90

340.90 342.90 342.50 340.20 341.00

WEEKLY COMMODITY FUTURES TREND Compared to last Friday: Live Cattle .08 to .65 lower, except Feb .50 higher, Lean Hogs .50 to 2.05 lower, Pork Bellies unchanged, Feeder Cattle 1.08 to 2.25 higher.

Daily Futures Closes Mon. Cattle Jun Aug Oct Dec Feb

Tues.

Wed.

Thu.

Fri.

111.50 111.37 117.77 120.77 121.97

112.35 111.75 118.55 121.27 122.67

111.72 111.57 118.40 121.77 123.32

112.75 110.87 117.20 120.00 121.17

——— 112.85 119.67 122.22 123.95

94.15 92.35 86.57 84.37 86.95

94.37 92.35 86.80 85.20 87.65

92.22 93.17 87.70 85.85 88.55

94.40 91.67 86.22 83.95 86.20

95.50 93.15 86.77 84.80 86.77

Prk Bel Jul Aug Feb Mar May

121.00 106.50 120.00 120.50 121.50

121.00 106.50 120.00 120.50 121.50

121.00 106.50 120.00 120.50 121.50

121.00 106.50 120.00 120.50 121.50

121.00 106.50 120.00 120.50 121.50

Fdr Cat Aug Sep Oct Nov Jan

137.22 138.25 138.40 138.50 137.20

137.87 138.67 138.80 139.02 137.87

137.77 138.57 138.82 138.75 137.35

138.07 138.92 139.22 139.07 137.50

140.47 141.55 141.95 141.85 140.00

Milk Jun Jul Aug

19.23 20.35 19.22

19.23 20.40 19.39

19.23 20.49 19.39

19.23 20.52 19.07

——— 20.51 18.83

Lean Hogs Jul Aug Oct Dec Feb

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

July 1, 2011

MISSOURI GRAIN WEEKLY TRENDS Soybeans .07 lower to .18 higher Wheat .29 to .46 lower Corn .23 to .35 lower Grain Sorghum .16 to .72 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

#2 Grain Sorghum

13.46 13.47 13.41-13.46 13.17-13.19 13.31

6.23-6.28 6.40-6.45 7.03-7.08 6.10 6.07

6.71 6.83-6.88 7.03-7.08 6.34-6.39 6.40-6.42

11.18 11.57 11.84 10.61 11.18

13.48 13.49-13.50 13.54-13.55 13.22-13.28 13.43

6.48 6.65 7.12-7.13 6.45 6.15

6.74 6.98-7.09 7.12-7.13 6.66-6.93 6.52-6.59

10.58 11.05 11.41 10.21 10.08

Central Monday 13.15-13.20 6.03-6.18 6.56-6.61 n/a Tuesday 13.16-13.21 6.25-6.45 6.78-6.83 n/a Wednesday 13.19-13.23 6.36-6.51 6.93-6.98 n/a Thursday 12.90-12.96 5.81-5.91 6.25-6.63 n/a Friday 13.03-13.08 5.79-5.92 6.22-6.37 n/a S.E. MO Monday 13.38-13.47 6.37-6.41 6.57-6.75 10.53-10.57 Tuesday 13.40-13.48 6.55-6.62 6.80-6.97 10.92-11.07 Wednesday 13.48-13.51 6.57-6.63 6.95-7.12 10.98-11.19 Thursday 13.21-13.23 6.06-6.08 6.26-6.36 ———— Friday 13.25-13.37 6.00-6.05 6.24-6.41 10.12 (PRICES PER BU. EXCEPT GR. SORG. PER CWT) *NEW CROP

Week Ending June 26, 2011 Agricultural Summary Several storm systems swept across the state with thunder, lightening, and hail in tow. The wheat harvest picked up, and producers worked to cut hay. The east-central and northern districts received most of the precipitation, but statewide there were still 5.0 days suitable for fieldwork. The north-central district was limited to 2.7 days and the northeast 2.8 days. Topsoil moisture supply remained similar to last week with 2 percent very short, 18 percent short, 63 percent adequate, and 17 percent surplus. Field Crops Report Corn silked and beyond was 2 percent with the southeast district at 11 percent. This was 11 days behind last year and 10 days behind the 5-year historic average (normal). Corn condition was 3 percent very poor, 5 percent poor, 24 percent fair, 54 percent good, and 14 percent excellent. Soybeans moved 5 points from last week to 93 percent planted 4 days ahead of last year, and 6 days ahead of normal. Replanting continued and soybean emergence at 87 percent was also 1 week ahead of last year, and 8 days ahead of normal. Soybean condition was 2 percent very poor, 4 percent poor, 29 percent fair, 53 percent good, and 12 percent excellent. Sorghum planting progressed 9 points to 92 percent planted, 1 day ahead of last year, and 3 days ahead of normal. Sorghum heading was reported in the west-central district but was not prevalent throughout the state. Sorghum condition was 31 percent fair, 66 percent good, and 3 percent excellent. Despite the rain, the winter wheat harvest progressed 38 points to 63 percent complete, 1 day ahead of 2010, and 3 days ahead of normal. Wheat condition remained similar to last week with 9 percent very poor, 9 percent poor, 29 percent fair, 43 percent good, and 10 percent excellent. Alfalfa hay 1st cutting was 91 percent, 6 days ahead of last year, and 3 days ahead of normal. Alfalfa hay 2nd cutting was 30 percent, similar to last year, but 3 days ahead of normal. Other hay cut was 66 percent, similar to last year and normal. Pasture & Livestock Pasture condition only moved 1 point from last week to 4 percent poor, 31 percent fair, 58 percent good, and 7 percent excellent Weather Summary Precipitation averaged 0.85 of an inch statewide. Flooding increased along the upper Missouri in Atchison and Holt counties as upriver the Gavins Point Dam released more water into the Missouri River. Levee systems in the northern half of the state were tested as river levels rose and water speed increased. Flooding along the Upper Mississippi River dissipated somewhat with only minor flooding occurring in localized areas. Irrigation picked up in the southeast district.