2012_0713

Weekly Market Summary Dr. Jon Hagler, Director Misti Preston, Division Director Tony Hancock, Editor

Published by Missouri Department of Agriculture Ag Business Development Division Market News Program

mda.mo.gov http://www.ams.usda.gov/marketnews.htm

Jeremiah W. (Jay) Nixon, Governor Volume XXXII, Number 28 ♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Friday, July 13, 2012 MISSOURI WEEKLY FEEDER CATTLE WEIGHTED AVERAGE REPORT Receipts: 22,017 Week ago: 11,799 Year ago: 27,645 Steers and Heifers Medium and Large 1 (Medium Flesh) Hols. Large 3

Fdr. STEERS: 274 lbs.

359 lbs.

450 lbs.

553 lbs.

649 lbs.

744 lbs.

831 lbs.

936 lbs.

Fdr. HEIFERS:

180.29 170.94 159.65 149.02 143.27 135.44 134.40 129.49

278 lbs.

359 lbs.

455 lbs.

549 lbs.

653 lbs.

737 lbs.

823 lbs.

Hols. STEERS

152.22 146.81 140.15 132.71 131.18 128.39 124.31

357 lbs.

443 lbs.

536 lbs.

659 lbs.

753 lbs.

842 lbs.

911 lbs.

113.27 107.31 99.77 92.10 92.47 90.15 85.00

SOUTHERN MISSOURI WEEKLY SUMMARY (West Plains, Ava) Receipts: 7106 Week ago: Year ago: 3947 Compared to two weeks ago, feeders sold 2.00 to 6.00 lower with some feather weights steady to 35.00 lower. Slaughter cows and bulls 2.00-6.00 lower.

STEERS: Medium and Large 1 300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

162.50-177.50 153.00-167.50 148.00-158.00 128.00-148.00 130.00-134.50 134.00

HEIFERS: Medium and Large 1 200-300 lbs.

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

152.50-162.50 144.00-159.00 135.50-152.50 126.50-138.00 125.00-128.00 120.50-130.00 113.00

Holsteins Large 3 300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

800-900 lbs.

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 65.00-75.00, high dressing 110.00-116.00 75.00-83.00, low dressing 62.00 104.00-117.00 -70.00. Lean (85-90%) 63.00106.00-109.00 72.50, low dressing 55.00-63.00 95.00-100.00 95.00

SLAUGHTER BULLS: Yield Grade 1-2 1215-2200 lbs 90.0098.00, high dressing 100.00-105.00, low dressing 80.00-90.00 COW & CALF PAIRS: Medium and Large 1-2 3-7 yrs, 1000-1250 lbs with babies to 300 lbs calves, 1100.00-1550.00 per pair

REPLACEMENT COWS: Medium and Large 1-2 3-7 yrs 980-1350 lbs 2nd-3rd stage 950.00-1350.00, most bunches mainly blacks 1210.00-1325.00 per head

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: 5335 Week ago: 3071 Year ago: 10,587 Cow and Bull Receipts: 1928 Week ago: 615 Year ago: 1585 Compared to last week, feeders sold 2.00 to 5.00 lower. Holsteins under 550 lbs. steady to 1.00 higher over 1.00 to 5.00 lower. Slaughter cows 2.00 to 4.00 lower; bulls 1.00 to 4.00 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

170.00-200.00 157.00-170.50 135.50-157.00 134.50-149.00 132.00-143.50 129.00-139.10 124.50-127.00

HOLSTEINS: Large Frame 3 400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

96.00-108.00 90.00-102.00 85.00-101.00 85.00-94.00 85.00

REPLACEMENT COWS: Medium and Large 1-2 2 yrs to short and solid 2nd-3rd stage 1050 -1345 lbs 780.00-975.00 better quality 1000.00-1175.00 per head

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

145.00-162.00 131.00-152.00 124.50-139.00 126.00-136.50 123.50-132.50 122.00-125.00

SLAUGHTER COWS: Breaking and Boning 73.00-80.00, high dressing 78.00-86.50. Lean (8590%) 66.00-76.00, low dressing 54.00-69.50 SLAUGHTER BULLS: Yield Grade 1-2 1100-2185 lbs. 93.00100.50, high dressing 100.50107.00 COW & CALF PAIRS: Medium and Large 1-2 2 yrs to short and solid, 945-1345 lbs with babies to 375 lb calves, 1100.00-1400.00 per pair

NORTHWEST MISSOURI WEEKLY SUMMARY (Maryville, St Joe) Receipts: 1673 Two weeks ago: 176 Year ago: 130 Feeder calves and yearlings sold with a lower undertone with no recent comparison on feeder cattle. Slaughter cows sold 5.00-10.00 lower and bulls steady to 3.00 lower compared to two weeks ago.

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.

Scarce Scarce 145.00-155.50 138.00-140.50 136.00-143.00 125.00-132.75

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

144.75-153.00 133.00-140.50 128.00-136.00 Scarce 122.00-126.50

SLAUGHTER BULLS: Yield Grade 1-2 1350-2650 lbs 95.00102.00, high dressing 102.00104.00

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 67.0072.00, high dressing 71.00-74.00 Lean (85-90 % lean) 62.00-67.50

BRED COWS: Scarce

COW-CALF PAIRS: Scarce

WEST CENTRAL MISSOURI WEEKLY SUMMARY (Kingsville, Sedalia, Butler) Receipts: 3713 Two Weeks Ago: 1799 Year Ago: 4134 Compared to two weeks ago, feeder steers and heifers 3.00 to 10.00 lower. Slaughter cows steady to 3.00 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.

159.00-177.50 144.00-169.00 133.00-158.35 127.00-144.50 119.50-138.00 127.50-138.50 115.00-131.60

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

131.00-150.00 128.00-152.50 125.00-143.50 113.50-134.50 113.00-129.00

SLAUGHTER BULLS: Yield Grade 1-2 960-2010 lbs 89.0099.50, high dressing 98.00-106.50

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 67.00-79.75, Lean (85-90) 59.00 -74.25

COW & CALF PAIRS: Medium and Large 1 3-6 yrs 12051635 lbs with baby to 325 lbs calves 1010.00-1410.00 per pair

REPLACEMENT COWS: Medium and Large 1 3 yrs to short solid 1054-1485 lbs 2nd3rd stage 1050.00-1200.00 per head

EAST CENTRAL MISSOURI WEEKLY SUMMARY (Bowling Green, Kingdom City, Boonville, Macon) Receipts: 1249 Week ago: 2280 Year ago: 2755 Compared to last week, not enough feeders to establish a trend, however a lower undertone was noted. Slaughter cows mostly 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.

FEEDER HEIFERS: Medium and Large 1

Scarce 300-400 lbs.

155.00-175.00 400-500 lbs.

150.50-164.50 550-600 lbs.

130.00-149.00 Scarce 128.60-132.50

Scarce 162.00-176.00 128.50-135.00

SLAUGHTER STEERS and HEIF- SLAUGHTER COWS: Breaking ERS : Select and Choice 2-3 and Boning, (70-85% lean) 77.00 112.50-117.50 -82.00, high dress 82.00-85.50 Lean (85-90% lean) 72.00-77.00 COWS & CALF PAIRS: Scarce

SLAUGHTER BULLS: Yield Grade 1-2 1350-2325 lbs 97.50100.00, high dress 104.50-105.00

NORTHEAST MISSOURI WEEKLY SUMMARY (Palmyra, Unionville, Green City, New Cambria) Feeder Cattle Receipts: 1672 Week ago: 6147 Year ago: 1113 Slaughter Cattle Receipts: 41 Week ago: 0 Year ago: 39 Compared to last week, feeder steers and heifers under 700 lbs 10.0015.00 lower, over 700 lbs 3.00-5.00 lower. Slaughter cows 6.00-8.00 lower. Slaughter steers and heifers 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.

161.00-175.00 158.00-170.00 145.00-159.50 136.00-140.75 128.50-139.00 132.50-137.00

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

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

139.00-150.00 130.00-146.00 125.00-136.00 124.00-135.00 131.35-136.75

SOUTHEAST MISSOURI WEEKLY SUMMARY (Farmington, Patton) Receipts: 2153 Week ago: No Sales Year ago: 868 Compared to two weeks ago, steers under 400 lbs. sold 15.00 higher, over 400 lbs. steady to 13.00 lower. Slaughter cows sold 4.00 lower and bulls 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.

FEEDER HEIFERS: Medium and Large 1 & 1-2

143.00-205.00 140.50-171.00 138.00-159.00 124.00-141.50 120.00-138.00 117.00-125.00

250-300 lbs.

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

125.00-139.00 120.00-156.00 118.00-142.00 115.00-143.00 110.00-136.00 104.00-136.50

REPLACEMENT COWS: Medium and Large 1-2 4-7 yrs 8901350 lbs 2nd-3rd stage 930.001050.00 per head

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 68.50 -75.50, high dressing 75.0083.50. Lean (85-90% Lean) 59.50-65.00

COW & CALF PAIRS: Medium and Large 1-2 3-7 yrs. 850-1380 lbs with 110-330 lb calves 1050.001625.00 per pair

SLAUGHTER BULLS: Yield Grade 1-2 1150-2210 lbs 84.5092.00, high dressing 94.50100.50

SOUTH CENTRAL MISSOURI WEEKLY SUMMARY (Cuba, Vienna) Receipts: 2023 Week ago: 0 Year ago: 2607 Compared to two weeks ago, steers and heifers steady to 10.00 lower.

Slaughter cows 1.00 to 5.00 lower.

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

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

FEEDER HEIFERS: Medium and Large 1

165.00-184.00 150.00-180.00 140.00-157.00 136.00-154.25 132.75-140.75

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

138.00-154.00 133.00-152.00 126.00-138.50 124.00-135.00 116.00-130.35

REPLACEMENT COWS: Medium and Large 1-2 2-7 yrs 950-1375 lbs 2nd-3rd stage 860.00-1050.00 per head

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 70.00-79.00, high dressing 77.00 -84.50. Lean (85-90%) 67.0074.00, low dressing 55.00-67.50

COW & CALF PAIRS: Medium and Large 1-2 4-7 yrs, 1050-1300 lbs, with 200-300 lb calves 1190.001300.00 per pair

SLAUGHTER BULLS: Yield Grade 1-2 1400-2100 lbs 90.0099.00, high dressing 104.00105.50

MISSOURI WEEKLY DIRECT SLAUGHTER CATTLE REPORT Weekly Receipts: 0 Week ago: 1000 Year ago: 200 Trading inactive as of 8:00 am Friday. Compared to last week, no confirmed live or dressed sales.

LIVE STEERS & HEIFERS: 60-80% Choice No Sales

DRESSED STEERS & HEIFERS: 60-80% Choice few 185.00187.00 late last Friday.

GRADE AND WEIGHT (Grid): Choice 3 550-950 lbs. few 187.00190.00 late last Friday.

SLAUGHTER STEERS: Choice 2-3 1150-1300 lbs. 115.85-118.25

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 73.0082.00, low dressing 68.00-74.00

SLAUGHTER HEIFERS: Choice 2-3 1050-1300 lbs. 112.00-115.75

SLAUGHTER BULLS: Yield Grade 1-2 1500-2200 lbs. 90.25101.00

Weekly Receipts: 2837 Week ago: 2575 Year ago: 3830 Compared to last week, barrows and gilts steady to 3.00 lower, sows 1.00-3.00 lower.

COW & CALF PAIRS: Scarce

REPLACEMENT COWS: Scarce

BARROWS AND GILTS: Base carcass meat price 88.0090.00 Weekly top Mon 92.00

INTERIOR MISSOURI DIRECT HOGS

SOWS: 300-500 lbs. 40.00-43.00 Over 500 lbs. 44.00-45.00

MISSOURI WEEKLY DIRECT WEANER AND FEEDER PIG REPORT Receipts: 2995 Compared to last week weaner pigs steady to 2.00 higher. No feeder pig sales reported. Supply and demand moderate. Price per head.

Early weaned pigs 10 lb. base weights fob the farm 0% negotiated, 2995 head, 10 lbs, 43.72-44.20, weighted average 43.98. Early weaned pigs 10 lb base weights delivered 100% negotiated, no sales reported. Feeder pigs in all lot sizes, delivered 100% negotiated, no sales reported. All prices per head.

WHOLESALE FEEDSTUFFS PRICES (DOLLARS PER TON-BULK BASIS) Cottonseed Meal 41% Solvent

Meat Meal

Wheat Middlings

Kansas City 477.75

367.50

397.50

202.50

St. Louis

350.00

410.00

181.50

Area

Soybean Meal 48% Solvent

496.50

Midwest Exchange Regional Stockyards Mexico 07/12/2012 Receipts: 665 Week Ago: 462 Last Year: 434 All Prices per cwt.

SHEEP: 451 head Slaughter Lambs: Choice and Prime 2-3 few pkgs shorn 105-115 lbs 115.00-122.00, Non-Traditional few 35-40 lbs 123.00125.00; 50-60 lbs 131.00-142.00, 60-90 lbs 109.00-119.00. Feeder Lambs: Medium and Large 1 fancy 50-60 lbs 140.00-142.00. Medium and Large 1-2 70-90 lbs 90.00-100.00. Slaughter Ewes: Utility and Good 1-3 few 125-175 lbs 51.00-59.50, few 195-245 lbs. 31.00-42.00.

GOATS: 214 head Slaughter Kids: Selection 1-2 50-60 lbs 185.00187.00; 60-70 lbs 180.00-185.00, few 70-90 lbs 162.00-172.00. Stocker/ feeder Kids: Selection 1-3 30-40 lbs 142.00-152.00. Nannies: Selection 1 -2 few 110-140 lbs 94.00-98.00. Selection 2-3 70-100 lbs 90.00-100.00.

Selection 3 pkg 103 lbs 87.00. Billies: Selection 1-3 130-180 lbs 109.00115.00.

Norwood Producers Auction Yard– Dairy Sale 07/12/2012 Receipts: 610 Last Month: 953 Last Year: 963 Springer heifers bred 7-9 mos: Supreme 1050.00-1190.00; Approved 900.00-975.00, crossbred 650.00-725.00; Medium Scarce. Heifers bred 4 -6 mos: Supreme 970.00-1020.00; Approved 625.00-710.00; Medium Scarce. Heifers bred 1-3 mos: Supreme 700.00-1000.00, Jerseys 530.00700.00, Crossbreds 540.00-710.00; Approved 585.00-640.00, crossbred 435.00-470.00; Medium 525.00-575.00 Open heifers: Approved and Medium 200-293 lbs 190.00-340.00, crossbred 125.00-185.00, 330-388 lbs 200.00-410.00, crossbred 165.00-290.00, 412-484 lbs 400.00-485.00, crossbred 300.00-380.00, 500-600 lbs 430.00-580.00, crossbred 350.00410.00, Jerseys 385.00-550.00, 620-695 lbs 425.00-600.00, 705-790 lbs 690.00-720.00, Jerseys 440.00-510.00. Fresh and open Milking Cows Supreme 1170.00-1240.00; Approved 700.00-850.00; Medium 485.00625.00. Baby Calves: Holstein bulls 140.00-175.00, small 35.00-135.00, Crossbred bulls 130.00-195.00, beef cross bulls 150.00-240.00.

Diamond– TS Whites Sheep and Goat Sale 07/05/12 Receipts: 1336 Last Month: 1767 Year Ago: 2100 Sheep Slaughter Lambs: Choice 2-3 70-80 lbs 101.00-111.00. Hair Lambs 60-70 lbs 110.00-135.00; 70-80 lbs 96.00-126.00; 80-90 lbs 111.00-115.00; 90-100 lbs 90.00-101.00. Feeder/stocker Lambs: wooled 20-30 lbs 118.00-125.00; 30-40 lbs 130.00-155.00; 40-60 lbs 111.00145.00. Hair: 20-30 lbs 150.00-177.00; 30-40 lbs 126.00-147.00; 40-50 lbs 126.00-140.00; 50-60 lbs 120.00-147.50. Slaughter Ewes: Utility and Good 2-3 wooled 99-182 lbs 55.00-91.00. Hair 70-152 lbs 61.0095.00. Slaughter Bucks: hair 95-175 lbs 61.00-82.50. Replacement Ewes: Medium and Large 1-2 wooled 155-170 lbs 63.00-95.00. Replacement Bucks: hair 135-160 lbs 62.50-71.00. Goats Slaughter Classes: Kids Selection: 1 70-90 lbs 135.00-156.00. Selection 1-2 40-50 lbs 161.00-185.00; 50-60 lbs 170.00-180.00; 60-70 lbs 151.00-180.00. Selection 3 40-50 lbs 135.00-165.00; 50-60 lbs 120.00-165.00; 60-70 lbs 125.00-140.00; 70-90 lbs 110.00-130.00. Does/Nannies: Selection 1 95140 lbs 90.00-101.00. Selection 2 70-106 lbs 75.00-108.00. Selection 3 60-115 lbs 40.00-90.00; Dairy nannies 70-165 lbs 65.00-117.50. Billies: Selection 1-2 120-175 lbs 90.00-125.00. Selection 2-3 aged weathers 78175 lbs 106.00-140.00. Replacement Classes: Does/nannies: Selection 1 85-110 lbs 100.00-120.00. Stocker/Feeder Kids Selection 2 10-20 lbs 170.00-195.00; 20-30 lbs 130.00-182.00; 30-40 lbs 141.00-175.00. Selection 3 20-30 lbs 125.00-155.00; 30-40 lbs 101.00-145.00.

WEEKLY COMMODITY GRAIN FUTURES TRENDS Compared to last Friday: Soybeans .23 to .47 higher, Wheat .37 to .51 higher, Corn .12 to .47 higher, KC Wheat .14 to .43 higher, Soybean Meal 11.20 to 17.90 higher Daily Grain Futures Closes Mon.

Tues.

1665 1606 3/4 1573 1547 3/4 1543 3/4

1648 3/4 1590 1/2 1557 3/4 1538 1/2 1535

1623 1571 1/2 1540 1522 1/2 1519 3/4

1625 3/4 1572 1/2 1545 1/2 1529 1526

1642 1594 3/4 1569 1/2 1552 1/2 1548 1/4

Wheat Jul Sep Dec Mar May

810 3/4 828 1/4 843 3/4 853 1/4 850

804 3/4 821 1/4 835 1/4 843 1/4 843 1/2

807 3/4 826 1/4 836 1/4 846 1/2 845 1/2

832 3/4 846 3/4 859 3/4 869 864 1/2

842 847 3/4 862 1/2 872 866 1/4

Corn Jul Sep Dec Mar May

775 1/4 732 730 735 1/2 736 1/2

761 718 1/2 717 1/2 722 3/4 723 3/4

750 3/4 704 704 708 1/4 709

771 1/4 731 1/4 732 1/4 734 1/2 732 3/4

755 3/4 740 1/2 740 1/4 741 3/4 738 1/4

KC Wheat Jul Sep Dec Mar May

817 1/2 829 1/2 851 1/4 861 3/4 864 3/4

812 822 841 3/4 851 1/4 854 1/2

812 831 850 1/4 859 861 1/2

837 847 866 1/4 875 1/2 878 1/2

841 851 871 880 883

SB Meal Jul Aug Sep Oct Dec

485.50 474.00 466.50 456.30 452.10

482.20 468.30 461.30 452.30 448.50

478.00 463.30 454.40 444.40 440.50

478.80 466.70 457.60 448.90 445.50

488.90 447.10 465.60 457.20 453.40

Soybeans Jul Aug Sep Nov Jan

Wed.

Thu.

Fri.

WEEKLY COMMODITY FUTURES TREND Compared to last Friday: Live Cattle 2.00 to 2.95 lower, Lean Hogs Jul 1.00 higher, others 2.08 to 3.30 lower, Feeder Cattle 7.13 to 8.62 lower.

Daily Futures Closes Mon. Cattle Aug Oct Dec Feb Apr

Tues.

Wed.

Thu.

Fri.

119.05 123.60 127.50 130.77 133.50

118.40 123.15 126.87 130.05 132.80

118.00 112.15 125.80 129.12 132.17

117.02 121.65 124.97 128.55 131.37

117.20 121.45 124.90 128.45 131.25

96.80 93.95 84.12 82.00 86.00

95.52 92.07 82.95 80.72 85.07

95.95 91.30 81.10 78.85 83.10

97.30 92.27 81.35 78.80 83.37

97.22 90.40 79.47 77.00 81.52

Fdr Cat Aug Sep Oct Nov Jan

144.27 147.27 149.62 151.35 153.30

143.35 146.65 149.10 150.62 152.82

144.22 147.12 149.77 151.22 153.97

141.22 144.12 146.77 148.40 151.35

139.00 142.15 144.30 145.55 148.37

Milk Jul Aug Sep

16.60 17.52 17.90

16.58 17.44 17.80

16.57 17.54 18.00

16.71 18.03 18.48

16.73 18.22 18.88

Lean Hogs Jul Aug Oct Dec Feb

By-Product Feed Prices Alfalfa Pellets 17%, St. Louis, MO 305.00; Corn Gluten Feed pelleted, Baring, MO 215.00; Distillers Grain Dried, Kansas City, MO 280.00; Soy Hulls Mexico, MO 232.00. Prices per ton.

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 13, 2012

Agricultural Summary-Week ending 07/08/2012

MISSOURI GRAIN WEEKLY TRENDS Soybeans .20 to .38 higher Wheat .27 to .36 higher Corn .07 to .29 higher Grain Sorghum .81 to .97 higher Weekly Missouri Selected Cash Grain Bids Area

#1 Soybeans

Kansas City Monday 16.12-16.15 Tuesday 15.99 Wednesday 15.80 Thursday 15.85 Friday 16.07 St. Louis Monday 16.75-16.80 Tuesday 16.61-16.64 Wednesday 16.42-16.47 Thursday 16.36-16.43 Friday 16.57-16.64 Central Monday 16.07-16.12 Tuesday 15.91-15.96 Wednesday 15.74-15.77 Thursday 15.72-15.78 Friday 15.95-16.00 S.E. MO Monday 16.26-16.73 Tuesday 16.22-16.61 Wednesday 16.03-16.34 Thursday 16.01-16.34 Friday 16.24-16.56

Periodicals postage paid at Jefferson City, Missouri

#2 Soft Wheat 8.28 8.06-8.11 8.11-8.16 8.32-8.37 8.33-8.38

#2 Corn

#2 Grain Sorghum

7.87 12.54 7.64 12.30 7.49 12.04 7.51 12.52 7.61 12.61-12.70

8.16 8.06 8.12 8.32 8.32

7.88-7.96 7.73-7.76 7.62-7.63 7.83-7.88 7.75-7.92

11.91 11.53 11.32 11.80 12.01

7.85-7.98 7.78-7.91 7.84-7.96 8.04-8.17 8.05-8.18

7.47-7.52 7.34 7.18-7.19 7.44-7.46 7.51

n/a n/a n/a n/a n/a

7.83-7.97 7.72-7.85 7.77-7.87 8.04-8.08 8.05-8.09

7.60-7.73 6.89-7.58 6.74-6.84 7.01-7.50 7.11-7.63

n/a n/a n/a n/a n/a

(PRICES PER BU. EXCEPT GR. SORG. PER CWT) *NEW CROP

Fire danger was elevated to extreme level due to prolonged above average temperatures coupled with little rainfall. Fires were sparked from machinery and fireworks. Extreme drought created a growing climate that can only be described as bleak. Although there were 6.7 days suitable for fieldwork, topsoil moisture declined to 78 percent very short, 19 percent short, and 3 percent adequate. Subsoil moisture was 70 percent very short, 26 percent short, and 4 percent adequate. Field Crops Report Corn silked was 75 percent, 10 days ahead of last year, and 2 weeks ahead of normal (5-year average). Corn dough stage and beyond was 21 percent, 2 weeks ahead of last year and normal. Corn condition was 28 percent very poor, 32 percent poor, 28 percent fair, 11 percent good, and 1 percent excellent. Soybeans blooming and beyond were 30 percent, 8 days ahead of last year, and 10 days ahead of normal. Soybeans setting pods and beyond were 3 percent, 4 and 5 days ahead of last year and normal. Soybean condition was 23 percent very poor, 31 percent poor, 33 percent fair, 12 percent good, and 1 percent excellent. Cotton squaring and beyond was 79 percent, 1 week ahead of last year, and 4 days ahead of normal. Cotton setting bolls and beyond was 12 percent, 4 days ahead of last year, but 4 days behind normal. Cotton condition was 12 percent very poor, 30 percent poor, 41 percent fair, 15 percent good, and 2 percent excellent. Rice headed 4 percent, 2 weeks ahead of last year, and 5 days ahead of normal. Rice condition was 5 percent poor, 23 percent fair, 52 percent good, and 20 percent excellent. Sorghum headed and beyond was 17 percent, 18 days ahead of last year, and 9 days ahead of normal.

Sorghum turning color and beyond began in 3 districts. Alfalfa hay 2nd cutting was 94 percent, 20 days ahead of last year, and 30 days ahead of normal. Alfalfa hay 3rd cutting was 19 percent, 2 weeks ahead of last year, and 3 weeks ahead of normal. Other hay cut was 96 percent, one month ahead of last year and normal. Pasture & Livestock Pasture condition declined to 48 percent very poor, 39 percent poor, 12 percent fair, and 1 percent good. Supply of hay and other roughages was 24 percent very short, 41 percent short, 34 percent adequate, and 1 percent surplus. Stock water supplies were 29 percent very short, 41 percent short, and 30 percent adequate