2012_0914

Weekly Market Summary Dr. Jon Hagler, Director Rachel Mobley, Acting 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 37 ♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Friday, September 14, 2012 MISSOURI WEEKLY FEEDER CATTLE WEIGHTED AVERAGE REPORT Receipts: 33,291 Week ago: 14,552 Year ago: 36,253 Steers and Heifers Medium and Large 1 (Medium Flesh) Hols. Large 3

Fdr. STEERS: 363 lbs.

452 lbs.

549 lbs.

651 lbs.

760 lbs.

837 lbs.

940 lbs.

Fdr. HEIFERS:

185.88 173.11 160.32 152.57 145.07 140.74 132.22

357 lbs.

447 lbs.

545 lbs.

659 lbs.

731 lbs.

822 lbs.

946 lbs.

Hols. STEERS

160.97 153.18 145.06 139.58 136.74 130.26 119.35

380 lbs.

477 lbs.

556 lbs.

638 lbs.

758 lbs.

816 lbs.

928 lbs.

104.72 99.41 102.25 100.26 98.36 98.00 90.25

SOUTHERN MISSOURI WEEKLY SUMMARY (West Plains, Ava) Receipts: 5815 Week ago: 3778 Year ago: 2636 Compared to last week, feeders under 600 lbs 2.00 to 6.00 higher with spots up to 10.00 higher. Over 600 lbs steady to 2.00 higher. Slaughter cows and bulls steady 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.

175.00-192.50 157.00-177.50 146.00-169.00 143.00-151.00 137.00 135.00-139.85 Holsteins Large 3

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

102.50 100.00 92.50-160.00 90.00-104.00 97.00

SLAUGHTER BULLS: Yield Grade 1-2 1240-2000 lbs 88.0097.50, high dressing 107.00, low dressing 84.00-89.00.

COW & CALF PAIRS: Medium and Large 1-2 2-7 yrs 9501175 lbs. with babies to 200 lbs calves 1225.00-1335.00 per pair.

HEIFERS: Medium and Large 1 300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

147.50-160.00 139.50-157.00 133.00-147.00 128.00-136.00 136.50

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 72.50-80.00, high dressing 77.50-85.00, low dressing 65.00 -75.00. Lean (85-90%) 65.0075.00, high dressing 72.5079.00, low dressing 57.5065.00.

REPLACEMENT COWS: Medium and Large 1-2 2-7 yrs 935-1300 lbs 2nd-3rd stage 950.00-1275.00 per head. Several 1st-2nd stage 910.001125.00 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: 8231 Week ago: 1129 Year ago: 9956 Cow and Bull Receipts: 2074 Week ago: 1038 Year ago: 2227 Compared to last week, feeder steers and heifers steady to 5.00 higher.

Slaughter cows 2.00-4.00 higher, slaughter bulls 2.00-3.00 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

165.00-215.00 159.00-188.00 144.00-168.00 143.00-153.50 141.50-146.00 130.00-136.50 126.85-135.00

HOLSTEINS: Large Frame 3 300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

100.00-106.00 97.00-101.00 96.00-103.50 96.00-102.50 100.00-102.00 98.00

REPLACEMENT COWS: Medium and Large 1-2 2-7 yrs, 2nd-3rd stage 1060-1365 lbs, 1050.00-1250.00, few 3rd stage 1275.00-1350.00 per head.

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

900-1000 lbs.

146.00-163.00 140.00-160.50 132.50-151.00 132.00-143.00 128.00-134.25 123.75-125.75 117.50

SLAUGHTER COWS: Breaking and Boning 75.00-82.50, high dressing 80.00-89.00. Lean (8590%) 67.00-75.50, low dressing 58.00-69.00.

SLAUGHTER BULLS: Yield Grade 1-2 1185-2570 lbs. 93.50101.50, high dressing 100.50108.50.

COW & CALF PAIRS: Medium and Large 1-2 few 2yrs to short and solid 1000-1360 lbs cows with babies to 275 lbs calves 1050.00-1350.00 per pair.

NORTHWEST MISSOURI WEEKLY SUMMARY (Maryville, St Joe) Receipts: 2665 Week ago: 1749 Year ago: 2615 Compared to last week, steer calves under 550 lbs steady to 4.00 higher, 550-600 steady to 3.00 lower, heifers under 600 steady to 2.00 higher.

5.00-10.00 higher, heifer calves steady to 3.00 higher. Yearlings steady.

Slaughter cows steady to 2.00-4.00 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.

177.50-208.00 165.60-190.00 154.00-169.25 146.50-154.00 140.75-148.00 138.00-143.85 130.25-131.00

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

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

800-900 lbs.

158.00-181.00 143.10-168.00 134.00-147.75 134.00-142.25 133.00-136.25 129.00-134.25

SLAUGHTER BULLS: Yield SLAUGHTER COWS: Breaking Grade 1-2 1350-2200 lbs 93.00- and Boning (70-85% lean) 76.0098.00, high dressing ind. 100.00 84.50, high dressing 80.00-87.00 Lean (85-90 % lean) 70.0-76.00 BRED COWS: Scarce

COW-CALF PAIRS: Scarce

WEST CENTRAL MISSOURI WEEKLY SUMMARY (Kingsville, Sedalia, Butler) Receipts: 3924 Week Ago: 2048 Year Ago: 4198 Compared to last week, steer and heifer calves under 600 lbs sold steady to 13.00 higher, over 600 lbs sold with a higher undertone.

Slaughter cows 2.00 lower to 3.00 higher.

FEEDER STEERS: FEEDER HEIFERS: 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.

900-985 lbs.

165.00-200.00 161.00-186.00 139.25-173.50 135.50-163.60 130.25-149.60 124.50-141.35 124.00-129.75

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

145.00-169.00 138.00-167.00 129.00-154.00 130.00-147.50 127.00-139.00

SLAUGHTER BULLS: Yield Grade 1-2 1145-2235 lbs 88.5099.00, low dressing 64.00-88.25

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 69.00-80.00 high dressing 79.00 -90.00, Lean (85-90) 62.0071.00.

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

REPLACEMENT COWS: Medium and Large 1-2 3-7 yrs 9151525 lbs 2nd-3rd stage 925.001375.00 per head.

EAST CENTRAL MISSOURI WEEKLY SUMMARY (Bowling Green, Kingdom City, Macon) Receipts: 3364 Week ago: 3576 Year ago: 5205 Feeders sold steady to 5.00 higher spots of 5.00 to 10.00 higher on calves. Slaughter cows firm to 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.

175.00-210.00 160.00-186.00 145.00-173.50 137.50-163.50 138.50-159.00 137.85

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

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

155.00-177.00 148.00-168.00 137.00-158.50 137.00-153.50 140.25

SLAUGHTER STEERS and HEIF- SLAUGHTER COWS: Breaking ERS : Choice 2-3 few 118.00and Boning, (70-85% lean) 74.00 120.00 -84.00. Lean (85-90% lean) 67.00-77.00.

REPLACEMENT COWS: Scarce

SLAUGHTER BULLS: Yield Grade 1-2 1400-2100 lbs 90.5098.50, high dress 102.00-105.00

NORTHEAST MISSOURI WEEKLY SUMMARY (Palmyra, Unionville, Green City, New Cambria) Feeder Cattle Receipts: 6923 Week ago: 513 Year ago: 7864 Slaughter Cattle Receipts: 41 Week ago: 0 Year ago: 46 Steer and heifer calves under 500 lbs 5.00-10.00 higher, over 500 lbs steady to 5.00 higher. Slaughter cows steady to 2.00 higher. Slaughter steers and heifers 2.00-3.00.

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.

186.00-212.50 175.00-191.50 160.00-181.50 150.00-168.50 144.00-155.00 133.50-145.75

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.

171.00-187.50 146.00-176.00 140.00-154.25 136.00-148.00 128.00-143.75 130.00-135.60

SLAUGHTER STEERS: Choice 2-3 1150-1300 lbs 118.50120.25.

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 75.0082.50, high dressing 82.00-86.50

SLAUGHTER HEIFERS: Choice 2-3 1150-1300 lbs 118.00119.75

SLAUGHTER BULLS: Yield Grade 1-2 1400-2250 lbs 90.00100.00

COW & CALF PAIRS: Medium and Large 1-2 4-6 yrs 1000-1300 lbs with baby to 200 lb calves 1275.00-1525.00 per pair.

REPLACEMENT COWS: Medium and Large 1-2 4-7 yrs 1050-1400 lbs. 3rd stage 1210.001300.00 per head.

SOUTHEAST MISSOURI WEEKLY SUMMARY (Farmington, Patton) Receipts: 1744 Week ago: 701 Year ago: 1653 Compared to last week, 400-500 lbs heifers 6.00 lower the rest of the offering steady to 10.00 higher. Slaughter cows 4.00 higher, bulls 1.00 higher.

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

400-500 lbs.

500-600 lbs.

600-700 lbs.

750-775 lbs.

Pkg 845 lbs.

FEEDER HEIFERS: Medium and Large 1

170.00-186.00 155.00-177.00 137.50-164.50 135.00-155.75 138.50-140.00 120.00

300-375 lbs.

400-500 lbs.

500-600 lbs.

600-675 lbs.

700-750 lbs

152.00-165.00 138.00-156.00 143.50-156.00 132.50-139.00 130.00-136.50

REPLACEMENT COWS: Medium and Large 1-2 2-6 yrs 9851245 lbs 2nd-3rd stage 1000.001260.00 per head.

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 71.00 -80.50, high dressing 80.0089.50. Lean (85-90% Lean) 60.50-68.50.

COW & CALF PAIRS: Medium and Large 1-2 2-6 yrs 895-1215 with 90-210 lbs calves 1100.001290.00 per pair.

SLAUGHTER BULLS: Yield Grade 1-2 1040-1930 lbs 88.5095.00, high dressing 95.50101.00

SOUTH CENTRAL MISSOURI WEEKLY SUMMARY (Cuba, Vienna) Receipts: 2626 Week ago: 1816 Year ago: 2590 Compared to last week, steers and heifers sold steady to 10.00 higher.

Slaughter cows steady to 1.00 higher 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

175.00-203.00 160.00-185.00 154.50-178.00 145.00-166.00 133.00-151.00

300-400 lbs.

400-500 lbs.

500-600 lbs.

600-700 lbs.

700-800 lbs.

145.00-176.00 143.00-155.50 147.50-156.00 136.00-156.00 128.00-146.00

REPLACEMENT COWS: Medium and Large 1-2 2 yrs to short and solid, 1050-1325 lbs, 1st to 3rd stage 1050.00-1325.00 per head

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 71.00-78.50, high dressing 77.50 -88.50. Lean (85-90%) 66.0074.50

COW & CALF PAIRS: Medium and Large 1-2 3 yrs to short and solid, 950 -1175 lbs, baby to 225 lb calves 1250.00-1450.00 per pair

SLAUGHTER BULLS: Yield Grade 1-2 1300-1900 lbs 92.00100.00, high dressing 102.50105.00

MISSOURI WEEKLY DIRECT SLAUGHTER CATTLE REPORT Weekly Receipts: 800 Week ago: 400 Year ago: 200 Compared to last week, trade moderate to active, live sales 3.00-5.00 higher. Dressed sales 8.00-10.00 higher than two weeks ago.

LIVE STEERS & HEIFERS: Over 80% Choice 125.00-126.00 FOB

DRESSED STEERS & HEIFERS: 60-80% Choice 196.00 GRADE AND WEIGHT (Grid): Choice 3 550-950 lbs 200.00

INTERIOR MISSOURI DIRECT HOGS Weekly Receipts: 2842 Week ago: 2877 Year ago: 4402 Compared to last week, barrows and gilts 4.00-6.00 lower, sows 2.00 to 5.00 lower.

BARROWS AND GILTS: SOWS: Base carcass meat price 58.00300-500 lbs. 25.00-28.00 62.00 Weekly top Monday 65.00 Over 500 lbs. 30.00-34.00

MISSOURI WEEKLY DIRECT WEANER AND FEEDER PIG REPORT Receipts: 5265 Weaner pigs mostly steady. No feeder pig sales reported.

Supply and demand moderate. Price per head. Early weaned pigs 10 lb. base weights fob the farm 0% negotiated, 5265 head, 10 lbs, 34.50-43.00, weighted average 40.45. Early weaned pigs 10 lb base weights delivered 100% negotiated, 450 head 10 lbs 8.00. Feeder pigs in all lot sizes, delivered 100% negotiated, no sales reported. All prices per head.

WEEKLY COMMODITY GRAIN FUTURES TRENDS Compared to last Friday: Soybeans .05 to .23 higher, Wheat .13 to .24 higher, Corn .10 to .18 lower, KC Wheat .22 to .30 higher, Soybean Meal nearby 1.50 to 7.00 lower, others .60 to 8.40 higher.

Daily Grain Futures Closes Mon.

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

Meat Meal

Wheat Middlings

Kansas City 523.90

437.50

490.00

245.00

St. Louis

437.50

502.50

237.50

Area

Soybean Meal 48% Solvent

582.00

Midwest Exchange Regional Stockyards Mexico 09/13/2012 Receipts: 403 Week Ago: 501 Last Year: 558 All Prices per cwt.

SHEEP Slaughter Lambs: non-traditional markets, Choice and Prime 2-3 shorn and wooled three pkgs 43-58 lbs 120.00, pkg 78 lbs 108.00, few pkgs 82-87 lbs 92.00-98.00, two pkgs 104.00107.00, 117-128 lbs 84.00-87.00. Feeder Lambs: Small and Medium 1-2 hair two pkgs 38-50 lbs 112.00-114.00. Slaughter Ewes: few Utility and Good 1-3 100-230 lbs 39.00-49.00, few 50.0056.00.Replacement Ewes: Medium 1-2 bred hair ewes 90-125 lbs 72.50-82.50 per head. Slaughter Bucks: Ind 215 lbs 56.00.

GOATS Slaughter Kids: Selection 1-2 pkg 79 lbs 123.00, few 4858 lbs 148.00-149.00. Selection 2-3 47-67 lbs 134.00-143.00.

Nannies: Selection 1-2 pkg 105 lbs 79.00.

Norwood Producers Auction Yard- Dairy Sale 09/13/2012 Receipts: 642 Last Month: 677 Last Year: 1215 Springer heifers bred 7- 9 months: Supreme 1200.00-1550.00, Ind. Crossbred 1300.00; Approved 1000.00-1175.00, Crossbreds 850.001125.00; Medium 800.00- 925.00. Heifers bred 4-6 months: Supreme 1070.00-1250.00; Approved 775.00- 975.00, Jerseys 590.00- 810.00; Crossbreds 500.00- 800.00. Heifers bred 1-3 months: Supreme 885.001180.00, Crossbreds 540.00- 725.00; Approved 750.00- 860.00. Open Heifers: Approved and Medium 170-242 lbs 150.00- 230.00, 306-384 lbs 250.00- 500.0, 404-500 lbs 300.00- 480.00, 503-591 lbs 570.00600.00, Crossbreds 290.00- 460.00, 605-700 lbs 510.00- 560.00, Crossbreds 460.00- 520.00, 715-805 lbs 580.00- 785.00, Crossbreds 520.00590.00. Fresh and Open Milking Cows: Supreme 1050.00-1325.00, Indiv. Crossbred 1080.00; Approved 850.00- 950.00. Bred and Springer Cows: Supreme 1200.00-1350.00, Approved 1010.00-1175.00. Baby Calves, Holstein bulls 95.00-170.00, Beef Cross bulls 90.00-250.00.

St. Joseph Stockyards Sheep and Goat Auction 09/13/2012 Receipts: 2187 Last Month: 1430 Year Ago: 1247 SHEEP- Slaughter Lambs: Choice, few Prime 2-3 85-135 lbs 85.0096.00; 145-165 lbs 80.00-85.00. Good to Choice 1-2 85-116 lbs 80.0084.00. Non-Traditional pkg hair lambs 60 lbs 130.00, pkg hair lambs 68 lbs 157.50; 60-70 lbs 120.00-130.00, 70-80 lbs 100.00-118.00. Feeder Lambs: Medium and Large 1-2 pkg 38 lbs 130.00, 45-55 lbs 112.00120.00; lot hair cross 90 lbs 86.00. Slaughter Ewes: Utility and Good 12 100-205 lbs 45.00-54.00. Utility 2-3 100-150 lbs thin 34.00-41.00.

Replacement Ewes: Young ewes some thin 105-115 lbs 61.00-65.00.

Slaughter Bucks: Couple 185 lbs 45.00. Replacement Bucks: Indiv 130 lbs 75.00 cwt. GOATS-Slaughter Kids: Selection 1-2 40-60 lbs 157.50170.00, few 172.00-173.00; 60-70 lbs 135.00-147.50, few 157.50168.00. Selection 2 40-70 lbs 130.00-145.00. Selection 3 two lots 4445 lbs 117.50. Slaughter Nannies: Selection 1-2 80-125 lbs 85.0097.50. Selection 2 70-155 lbs 70.00-82.00, few 65.00-67.50. Slaughter Billies: Selection 1 105-190 lbs 97.50-105.00. Selection 1-2 90-135 lbs few 87.50-90.00. Replacement Nannies: Selection 1 110-140 lbs w/ families 155.00-170.00 per head. Selection 1-2 115-120 lbs few 90.00105.00 per head; 75-135 lbs 107.50-120.00 cwt. Stocker/Feeder Kids: Selection 1 pkg 28 lbs 170.00. Selection 1-2 33-38 lbs 135.00-147.50.

Selection 3 25-35 lbs few 80.00-100.00. .

Tues.

Wed.

1713 1718 3/4 1718 1/4 1662 1/2 1583

1696 1/2 1701 1/2 1700 3/4 1648 3/4 1567 1/2

1740 3/4 1745 3/4 1744 1/2 1693 3/4 1603

1743 1/2 1747 1/4 1748 1705 1617 3/4

1736 1/2 1739 1740 1702 3/4 1622 3/4

Wheat Sep Dec Mar May Jul

868 1/4 889 3/4 901 1/2 901 1/4 866 1/4

860 883 3/4 895 3/4 895 863 3/4

867 890 902 3/4 900 1/4 867 1/2

879 902 914 3/4 911 1/4 878

897 1/2 924 1/4 936 1/2 932 892 3/4

Corn Sep Dec Mar May Jul

781 783 1/4 787 1/4 784 1/4 771

782 1/4 777 3/4 781 1/4 778 1/4 767

771 769 1/2 773 1/4 771 761 1/2

776 3/4 773 3/4 777 3/4 775 1/2 767

777 1/2 782 786 784 775

KC Wheat Sep Dec Mar May Jul

884 1/2 904 1/2 915 3/4 915 1/4 881 1/4

884 1/2 916 1/4 915 3/4 889 3/4 890 1/4

892 3/4 912 1/2 924 1/2 923 1/2 893 1/2

903 3/4 922 3/4 935 1/4 934 897 3/4

929 948 958 3/4 955 1/4 912 3/4

SB Meal Sep Oct Dec Jan Mar

527.20 521.00 519.40 515.30 492.40

523.90 517.90 515.90 512.10 490.40

535.40 531.30 532.10 528.80 507.50

533.50 529.40 530.60 529.10 510.80

524.60 523.50 525.40 523.40 508.50

Soybeans Sep Nov Jan Mar May

Thu.

Fri.

WEEKLY COMMODITY FUTURES TREND Compared to last Friday: Live Cattle .15 to .75 higher, Lean Hogs .47 to 3.40 higher except May .53 lower, Feeder Cattle .47 to .90 higher Daily Futures Closes Mon. Cattle Oct Dec Feb Apr Jun

Tues.

Wed.

Thu.

Fri.

125.75 129.20 132.27 136.02 132.27

127.10 129.97 132.57 136.12 132.42

127.70 130.70 132.97 136.47 132.67

127.55 130.35 132.85 136.27 132.42

127.05 129.92 132.92 136.47 132.62

72.57 71.57 78.07 85.77 95.40

72.72 71.42 77.27 84.45 94.00

73.42 72.35 77.77 84.77 94.00

73.55 72.37 77.95 85.10 94.50

74.02 73.90 79.95 86.82 95.47

Fdr Cat Sep Oct Nov Jan Mar

144.95 146.57 148.07 149.92 152.37

144.66 146.35 147.90 149.80 152.30

144.95 147.37 148.80 150.75 153.25

145.00 147.05 148.65 150.57 153.10

145.00 146.62 148.22 150.30 153.10

Milk Sep Oct Nov

18.78 19.01 19.37

18.81 19.24 19.64

18.81 19.37 19.81

18.06 19.54 20.01

18.87 19.97 20.39

Lean Hogs Oct Dec Feb Apr May

By-Product Feed Prices Alfalfa Pellets 17%, St. Louis, MO 395.00; Corn Gluten Feed pelleted, Baring, MO 290.00; Distillers Grain Dried, Kansas City, MO 300.00; Soy Hulls Mexico, MO 250.00. 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

September 14, 2012

Agricultural Summary-Week ending 09/09/2012

MISSOURI GRAIN WEEKLY TRENDS (Weekly trends in the print version of this publication are calculated Friday to Thursday; in the electronic version Friday to Friday) Soybeans .18 lower to .17 higher, Wheat .19 higher, Corn .15 to .32 lower, Grain Sorghum .30 to .32 lower.

Area

#1 Soybeans

Periodicals postage paid at Jefferson City, Missouri

#2 Soft Wheat

#2 Corn

#2 Grain Sorghum

Kansas City Friday** Monday Tuesday Wednesday Thursday Friday

17.72 17.54 17.37 17.81 17.72 17.54

8.60 8.45 8.39 8.45 8.57 8.79

8.16-8.20 8.03 7.98 7.82-7.85 7.86-7.89 7.97

13.39 13.09 13.00 12.86 12.93 13.07

St. Louis Friday** Monday Tuesday Wednesday Thursday Friday

17.20-17.27 16.99-17.19 16.82-17.07 17.24-17.51 17.32-17.53 17.20-17.44

8.84 8.69 8.63 8.69 8.81 9.03

7.73-7.75 7.59-7.60 7.53-7.56 7.45-7.46 7.49-7.52 7.58-7.60

13.39 13.11 13.00 12.86 12.93 13.09

Central Friday** 17.17-17.32 8.41-8.50 7.95-8.00 Monday 16.99-17.24 8.26-8.35 7.73-7.78 Tuesday 16.82-17.27 8.20-8.29 7.68 Wednesday 17.26-17.71 8.24-8.35 7.60 Thursday 17.27-17.53 8.28-8.47 7.64-7.65 Friday 17.19-17.34 8.60-8.69 7.72-7.73 S.E. MO Friday** 17.18-17.21 8.46-8.65 7.22-7.43 Monday 16.93-17.01 8.22-8.49 7.00-7.18 Tuesday 16.69-16.80 8.25-8.39 6.95-7.27 Wednesday 17.05-17.26 8.31-8.46 6.87-7.24 Thursday 17.16-17.25 8.34-8.44 6.91-7.29 Friday 17.08-17.17 8.53-8.66 7.00-7.38 (PRICES PER BU. EXCEPT GR. SORG. PER CWT) *NEW CROP **PREVIOUS WEEK’S PRICES

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With the northern border of the state remaining dry, the rest of the state enjoyed scattered showers. The precipitation helped pastures but limited producers to 4.8 days suitable for fieldwork. Topsoil moisture supply was 30 percent very short, 37 percent short, 33 percent adequate. Subsoil moisture supply improved to 63 percent very short, 29 percent short, 8 percent adequate. Field Crops Report Corn mature was 91 percent, 13 days ahead of last year, and 26 days ahead of normal (5-year average).

Corn harvested at 53 percent, was 18 days ahead of last year, and 25 days ahead of normal. Corn moisture at harvest was 15.9 percent, ranging from 13.1 percent in the west-central district to 17.6 percent in the northcentral district. Corn condition was 58 percent very poor, 26 percent poor, 11 percent fair, 4 percent good, and 1 percent excellent. Soybeans turning color was 42 percent, 5 days ahead of last year, and 1 week ahead of normal. Soybeans dropping leaves and beyond was 14 percent, 5 days ahead of last year, and 6 days ahead of normal. Soybeans mature was 2 percent, 4 days ahead of last year, and 3 days ahead of normal. Soybean harvest began. Soybean condition was 41 percent very poor, 33 percent poor, 19 percent fair, 6 percent good, and 1 percent excellent. Cotton opening bolls was 55 percent, 5 days ahead of last year, and 3 days ahead of normal. Cotton harvest began. Cotton condition was 10 percent very poor, 30 percent poor, 40 percent fair, 18 percent good, and 2 percent excellent. Rice harvested was 31 percent, 15 days ahead of last year, and 10 days ahead of normal. Wind flattened some rice fields. Rice condition was 2 percent very poor, 6 percent poor, 29 percent fair, 40 percent good, and 23 percent excellent. Sorghum turning color and beyond was 77 percent, 5 days ahead of last year, and 1 week ahead of normal. Sorghum mature was 34 percent, 8 days ahead of last year, and 6 days ahead of normal. Sorghum harvest was 6 percent, 9 days ahead of last year, and 3 days ahead of normal. Sorghum condition was 28 percent very poor, 35 percent poor, 28 percent fair, and 9 percent good. Alfalfa hay 3rd cutting was 78 percent, 3 weeks behind last year, and 13 days behind normal.

Pasture & Livestock Pasture condition improved from last week to 70 percent very poor, 22 percent poor, and 8 percent fair. Some producers began inter-seeding to prepare for fall pastures. Supply of hay and other roughages declined to 60 percent very short, 28 percent short, and 12 percent adequate. Stock water supplies were 60 percent very short, 27 percent short, and 13 percent adequate.