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Weekly 2018 week 22

Page 1

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

Chris Chinn, Director Davin Althoff, Division Director Tony Hancock, Editor agmarketnews.mo.gov http://www.ams.usda.gov/marketnews.htm

Eric R. Greitens, Governor Volume XXXVIII, Number 22 ♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Friday June 01, 2018 MISSOURI WEEKLY FEEDER CATTLE WEIGHTEDAVERAGE REPORT Receipts: 15,098 Week ago: 31,720 Year ago: 13,656 Steers and Heifers Medium and Large 1 Hols. Large 3

Fdr. STEERS: 353 lbs. 459 lbs. 548 lbs. 650 lbs. 749 lbs. 845 lbs. 935 lbs.

Fdr. HEIFERS:

190.68 180.68 168.96 156.28 142.10 137.20 130.57

354 lbs. 453 lbs. 546 lbs. 635 lbs. 752 lbs. 842 lbs.

161.93 153.45 147.31 138.68 128.79 117.37

Hols. STEERS 444 lbs. 721 lbs. 861 lbs. 1030 lbs.

76.90 65.50 71.00 65.80

SOUTHERN MISSOURI WEEKLY SUMMARY (West Plains, Ava) Receipts: 5130 Week Ago: 7072 Year ago: 5313 Compared to last week, steer calves steady to 2.00 lower and yearling steers steady to 4.00 higher, heifer calves 4.00 lower to 4.00 higher, early week, feeders steady to 5.00 higher late week. Slaughter cows steady to 4.00 higher. 547 lbs. HEIFERS: Medium and Large 1

STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 850-900 lbs.

188.00-200.00 170.00-195.00 162.00-180.50 146.00-162.50 137.00-148.00 135.00-139.25

Holsteins: Large 3 446 lbs.

300-400 lbs. 400-500 lbs. 500-600 lbs. 600-650 lbs. 700-800 lbs.

160.00-170.00 145.00-156.00 138.00-151.00 135.00-138.50 123.50-128.00

643 lbs.

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 52.00-62.00, high dressing 85.00 60.00-71.50, low dressing 45.0055.00. Lean (85-90%) 48.0057.00 738 lbs.

SLAUGHTER BULLS: Yield Grade 1-2 1170-2315 lbs. 76.00-87.00; high dressing 86.5093.00; low dressing 66.50-78.00 COW & CALF PAIRS: Medium and Large 1-2 5-7 yrs 1120-1195 lbs 1st to 2nd stage with 300-350 lb calves 1425.00-1625.00 per pair

Historical Feeder Steers Medium and Large 1 500-600 lbs. Weighted Average

REPLACEMENT COWS: Medium and Large 1 3-5 yrs 988-1062 lbs 2nd to 3rd stage 1275.00-1350.00. Medium and Large 1-2 2-7 yrs 1028-1265 lbs 832 lbs. 2nd to 3rd stage 850.00-1100.00; short solid to broken mouth 1125 -1455 lbs 2nd to 3rd stage 700.00 -975.00 per head

931 lbs.

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.

*Graph is updated the first Friday of each month.

Year Ago Slaughter Steers and Heifers: Northeast Missouri: Steers: Choice 2-3 1300-1425 lbs 133.25-136.50 Heifers: Choice 2-3 1350-1425 lbs 132.50-135.00 East Central Missouri: Choice 2-3 1000-1450 lbs 132.50-137.00

SOUTHWEST MISSOURI WEEKLY SUMMARY (Joplin and Springfield) Feeder Cattle Receipts: 2149 Week ago: 8397 Year ago: 1943 Cow and Bull Receipts: 1572 Week ago: 2823 Year ago: 1602 Compared to last week, feeders traded firm to 5.00 higher, spots up to 10.00 higher on calves under 550 lbs. Slaughter cows steady to 2.00 higher. Slaughter bulls 1.00 to 2.00 higher. STEERS: Medium and Large 1 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.

170.00-185.00 158.00-181.00 145.00-162.00 136.00-144.50 131.50-134.50

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

171.50-181.00 148.00-157.50 137.00-153.00 134.00-137.50 126.00-128.50

HOLSTEINS: Large 3 387 lbs. 400-500 lbs. 721 lbs. 861 lbs. 1000-1100 lbs.

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 52.0058.00, high dressing 57.00-65.00. 85.50 Lean (85-90%) 46.00-53.00 70.00-75.00 65.50 SLAUGHTER BULLS: Yield 71.00 Grade 1-2 1365-2225 lbs 77.0062.50-67.50 86.00, high dressing 86.00-95.00, low dressing 67.00-77.50

REPLACEMENT COWS: Medium and Large 1 2-5 yrs 1025-1350 lbs 2nd to 3rd stage 1200.00-1350.00. Medium and Large 1-2 2 yrs to short solid 885-1360 lbs 2nd to 3rd stage 850.00-1250.00 head

COW & CALF PAIRS: Medium and Large 1 3-5 yrs 1220-1350 lbs with 200-300 lb calves 1500.001850.00. Medium and Large 1-2 2 -5 yrs 950-1300 lbs few rebred with babies to 395 lb calves 1200.00-1500.00 per pair


WEST CENTRAL MISSOURI WEEKLY SUMMARY (Sedalia, Kingsville, Windsor, Butler) Receipts: 2180 Week ago: 5364 Year ago: 1334 Compared to last week, a light test of feeders steady to 6.00 higher. Slaughter cows steady to 2.00 lower. FEEDER STEERS: Medium and Large 1 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.

FEEDER HEIFERS: Medium and Large 1

168.00-199.00 162.00-179.00 149.50-165.00 140.50-153.00 135.50

SLAUGHTER BULLS: Yield Grade 1-2 1335-2125 lbs 78.5089.00, high dressing 99.50; low dressing 75.00-76.00

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

152.50-177.00 145.00-159.00 130.00-154.50 133.50

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 50.00-59.00. Lean (85-90%) 45.00-55.00

REPLACEMENT COWS: Medi- COW & CALF PAIRS: Scarce um and Large 1-2 2-8 yrs 970-1351 lbs 2nd to 3rd stage 1050.001235.00 per head EAST CENTRAL MISSOURI WEEKLY SUMMARY (Bowling Green, Kingdom City, Macon) Receipts: 1519 Week ago: 4976 Year ago: 1896 Compared to last week, few comparisons due to the holiday, feeders mostly steady on light receipts. Slaughter cows steady to 3.00 higher. FEEDER STEERS: Medium and Large 1 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs.

183.00-193.00 156.50-177.50 155.00-167.25 144.00-154.00

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

163.00 151.00-168.50 140.00-148.50 134.50-140.00 125.00-135.00

SLAUGHTER STEERS and HEIFERS : Choice to High Choice 2-4 1200-1400 lbs 111.00116.50. Select and few Choice 1-2 1000-1300 lbs 105.50-111.00

SLAUGHTER COWS: Breaking and Boning, (70-85% lean) Average dressing 55.00-61.00; high dressing 60.00-69.00. Lean (8590%) 53.00-58.00

BRED COWS: Scarce

SLAUGHTER BULLS: Yield Grade 1-2 1200-2500 lbs 81.0089.00; high dressing 90.00-93.50; low dressing 67.50-77.00

NORTHEAST MISSOURI WEEKLY SUMMARY (Palmyra, Unionville, Green City, New Cambria) Receipts: 2378 Week ago: 4513 Year ago: 1061 Slaughter Cattle Receipts: 107 Week Ago: 22 Year ago: 29 Compared to last week, feeders steady 5.00 lower, spots 5.00 higher late week. Slaughter cows steady to 2.00 higher. Slaughter steers and heifers 6.00 to 7.00 lower. (Slaughter steers and heifers week ending 05/25/18) FEEDER STEERS: FEEDER HEIFERS: Medium and Large 1 Medium and Large 1 400-500 lbs. 500-600 lbs. 600-700 lbs. 798 lbs. 900-1000 lbs.

180.00-195.00 164.00-187.25 156.50-167.00 136.00 129.75-132.25

400-500 lbs. 500-600 lbs. 600-650 lbs. 750-800 lbs.

153.50-167.50 150.50-158.00 140.00-150.00 132.50-133.50

SLAUGHTER STEERS: SLAUGHTER COWS: Breaking Choice 2-3 1100-1475 lbs 114.00 and Boning (75-85% lean) 52.50-116.25 62.00, high dressing 61.00-69.50. Lean (85-90%) 50.50-59.50 SLAUGHTER HEIFERS: SLAUGHTER BULLS: Yield Choice 2-3 1050-1350 lbs 113.00 Grade 1-2 1430-2010 lbs 81.50-115.00 89.50, low dressing 77.50-79.50 REPLACEMENT COWS: Medium and Large 1-2 pkg 3-4 yrs 1383 lbs 3rd stage 1100.00 per pair

COW & CALF PAIRS: Medium and Large 1-2 lot 10 pair 3-4 yrs 1325 lbs with 175 lb calves 1885.00 per pair

SOUTHEAST MISSOURI WEEKLY SUMMARY (Patton, Farmington) Receipts: 1100 Week ago: 2223 Year ago: 983 Compared to last week, feeders steady to 2.00 lower. Slaughter cows and bulls steady. 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

170.00-180.50 160.00-188.00 150.00-167.50 135.00-158.50 119.00-135.00

300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 750-800 lbs.

143.00-154.00 139.00-153.00 125.00-149.00 125.00-135.00 112.00-115.00

REPLACEMENT COWS: Medium and Large 1-2 3-7 yrs 830-1300 lbs 2nd to 3rd stage 775.00-1000.00 per head

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 47.00 -58.00. Lean (85-90% lean) 43.00-45.00

COW & CALF PAIRS: Medium and Large 1-2 5 yrs to short and solid mouth 920-1205 lbs with 140210 lb calves 700.00-1100.00 per pair

SLAUGHTER BULLS: Yield Grade 1-2 1320-2295 lbs 73.00 -80.50, high dressing 83.0092.50

SOUTH CENTRAL MISSOURI WEEKLY SUMMARY (Cuba, Vienna) Receipts: 798 Week ago: 3904 Year ago: 560 Compared to last week, feeders steady to 6.00 lower, on a very limited test. 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. 700lbs.

FEEDER HEIFERS: Medium and Large 1 and 1-2

172.00-198.00 300-400 lbs. 160.00-185.00 400-500 lbs. 152.50-177.00 500-600 lbs. 144.50-158.00 141.00

145.00-157.50 142.00-153.00 140.00-148.00

REPLACEMENT COWS: Medium and Large 1-2 few 2-5 yrs 1125-1300 lbs 1st to 3rd stage 800.00-970.00 per head

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 52.00-60.00. Lean (85-90%) 44.00-55.50

COW & CALF PAIRS: Scarce

SLAUGHTER BULLS: Yield Grade 1-2 1150-2100 lbs 76.5087.50, low dressing 74.00-77.00

NORTHWEST MISSOURI WEEKLY SUMMARY (St Joseph) Receipts: 950 Week ago: 1851 Year ago: 1417 Compared to last week, steers and heifers steady. Slaughter cows 1.00 to 6.00 higher. Slaughter bulls 4.00 higher. (Slaughter cows and bulls week ending 05/25/18). FEEDER STEERS: Medium and Large 1 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs.

171.50-185.00 166.00-184.00 141.25-163.00 133.25-135.50

FEEDER HEIFERS: Medium and Large 1 379 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs.

156.00 147.50-158.50 138.50-153.25 132.00-138.50

SLAUGHTER BULLS: Yield Grade 1-2 1365-2200 lbs 80.00-90.00, high dressing 92.00 -98.00; low dressing 63.00-75.00

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 54.00-65.50. Lean (85-90%) 49.0058.00

BRED HEIFERS: Medium and Large 1 2-4 yrs 1230 lbs 1st to 3rd stage 935.00; 2-8 yrs 11431425 lbs 2nd to 3rd stage 1010.00-1200.00 per head

COW CALF PAIRS: Medium and Large 1 2-8 yrs 1100-1157 lbs with 150-300 lb calf 1400.00-1525.00; 58 yrs 1127-1503 lbs with 150-300 lb calves 1100.00-1350.00 per pair


MISSOURI WEEKLY DIRECT WEANER AND FEEDER PIG REPORT

Receipts: 3435 Weaner pigs sold mostly steady to weak. Feeder pigs no sales reported. Prices per head. Early weaned pigs 10 lb. base weights FOB the farm 0% negotiated, 3435 head, 10 lbs, 33.00-38.00, weighed average 34.80.

Area

Cottonseed Meal 41% Solvent

Meat Meal

Wheat Middlings

Kansas City 368.70

287.50

290.00

115.00

St. Louis

315.00

290.00

123.50

404.00

MISSOURI WEEKLY DIRECT SLAUGHTER CATTLE REPORT Weekly Receipts: 440 Week ago: 0 Year ago: 120 Trading from late last Friday remains inactive as producers are passing lower bids at this time. LIVE STEERS & HEIFERS: No sales reported

Daily Grain Futures Closes Mon.

WHOLESALE FEEDSTUFFS PRICES (DOLLARS PER TON-BULK BASIS) Soybean Meal 48% Solvent

WEEKLY COMMODITY GRAIN FUTURES TRENDS Compared to last Friday: Soybeans .13 to .20 lower, Wheat .12 to .20 lower, Corn .12 to .15 lower, KC Wheat .20 to .24 lower, Soybean Meal 5.20 to 6.10 lower.

DRESSED STEERS & HEIFERS: Late last Fri 4 loads 177.00

GRADE AND WEIGHT (Grid): late last Fri 7 loads 180.00-183.00 By-Product Feed Prices Alfalfa Pellets, St. Louis MO 235.00; Corn Gluten Feed pelleted, n/ a; Distillers Grain Dried, Carrollton 165.00; Soy Hulls Kansas City, MO 120.00. Prices per ton. Springfield Livestock Marketing Center Special Dairy Heifer Sale Report for 04/24/2018 Receipts: 615 Last Month Special: 754 Year Ago: 690 Springer Heifers bred seven to nine months: Supreme 1100.00-1225.00. Approved 800.00-1035.00. Heifers bred three to six months: Supreme 1135.00-1270.00, few Jerseys 1075.00-1200.00. Approved 800.001025.00, crossbreds 835.00- 950.00. Medium few 600.00- 685.00, few crossbreds 685.00. Common few Jerseys 450.00- 550.00, few crossbreds 525.00-590.00. Heifers bred one to three months: Approved 785.00925.00. Common 500.00-525.00. Open Heifers: Approved: 246-282 lbs 230.00-330.00; 302-385 lbs 340.00-350.00, crossbreds 400.00-445.00; 415-487 lbs 350.00-460.00. crossbreds 460.00-560.00; 530-598 lbs 500.00 -550.00, crossbreds 460.00-560.00; 607-695 lbs 550.00-680.00; 710-770 lbs 630.00-725.00. Medium: 270-282 lbs crossbreds 245.00-250.00; 540590 lbs 230.00-470.00; 665-675 lbs few 380.00-430.00. Replacement Cows: Fresh and Milking Cows: Approved few 900.00-975.00. Medium few 700.00-775.00. Springer Cows: Approved few Jerseys 825.00900.00. Bred Cows: Medium few Jerseys 650.00-775.00. Baby Calves: Holstein heifers 100.00-160.00. Holstein bulls 140.00-180.00, small 95.00 -120.00. Jersey heifers ind 160.00. Jersey bulls 35.00-50.00. Crossbred heifers few 130.00-180,00. Crossbred bulls 130.00-200.00 Buffalo Livestock Market Sheep and Goat Auction Report Sheep and Goat Auction for 05/22/2018 Receipts: 890 Last Month: 1261 Last Year: 610 SHEEP: Feeder Lambs: mostly hair: Medium and Large 1 28-35 lbs 250.00-275.00; 41-58 lbs 200.00-217.50. Medium and Large 1-2 25-38 lbs 202.50-222.50; 44-59 lbs 182.50-197.00. Medium and Large 2-3 4446 lbs 100.00-135.00. Slaughter wool lambs: Choice and Prime 1-2 6078 lbs 177.50-183.50. Slaughter Hair Lambs: Prime 2-3 68-73 lbs 190.00-212.50; 100-115 lbs 155.00-165.00. Choice 1-3 60-75 lbs 172.50184.00; 89-90 lbs 172.50-175.00. Replacement Ewes: Medium and Large 1-2 65-110 lbs 135.00-164.00; 121-148 lbs 70.00-110.00. Families: Ewes with single or twin lambs 135.00-175.50 Per family. Slaughter Wool Ewes: Utility and Good 2-3 75-180 lbs 51.00-80.00. Slaughter Hair Ewes: Utility and Good 2-3 70-108 lbs 80.00-87.50; 122-150 lbs 54.00-67.50. Utility and Good 1-3 55-110 lbs 45.00-60.00. Replacement Rams: Medium and Large 1-2 87-125 lbs 120.00-152.50. Slaughter Rams: Good 1-2 105-250 lbs 61.00-82.50. Feeder Kids: Selection 1 2539 lbs 230.00-245.00. Selection 2 25-29 lbs 180.00-200.00. Selection 3 29-30 lbs 120.00-152.50. few bottle babies: Selection 2-3 17.00-37.00 Per Head. Slaughter Goats: Selection 1 50-70 lbs 290.00-305.00; 75 lbs 255.00. Selection 2 40-65 lbs 260.00-285.00. Selection 3 50-55 lbs 100.00-136.00; 88 lbs 125.00. Replacement Does, few: Selection 1 80 lbs 300; 93 lbs 230.00; 165 lbs 112.50; 166 lbs 145.00. Families: Selection 2 does with single or twin kids:165.00-180.00 Per Family. Slaughter Does: Selection 2 55-130 lbs 114.00-130.00. Selection 3 60-120 lbs 85.00-110.00. Slaughter Bucks: Selection 2 75-140 lbs 140.00-167.50. Selection 3 88-110 lbs 130.00-135.00.

Soybeans Jul Aug Sep Nov Jan Wheat Jul Sep Dec Mar May Corn Jul Sep Dec Mar May KC Wheat Jul Sep Dec Mar May SB Meal Jul Aug Sep Oct Dec

Tues.

Holiday 1030 1/2 1035 1038 1/4 1042 1/2 1045 3/4

Wed.

Thu.

Fri.

1023 1027 3/4 1031 1036 1/2 1041 1/4

1018 1/2 1023 1/4 1027 1/4 1034 1/4 1039 3/4

1021 1/4 1026 1030 1/4 1037 3/4 1043 1/2

Holiday

536 1/2 553 1/2 572 588 1/2 596

522 539 558 1/4 575 1/4 584

526 1/4 543 562 3/4 580 1/4 589 1/2

523 1/4 540 3/4 561 3/4 579 3/4 590

Holiday

400 409 419 427 1/2 432

393 1/2 402 1/4 413 1/4 421 3/4 426 3/4

394 403 1/4 413 3/4 422 1/2 427 1/2

391 1/2 400 1/2 411 3/4 420 1/4 425 3/4

Holiday

556 1/2 574 1/2 597 3/4 613 619 1/4

540 3/4 559 1/4 583 1/4 599 1/4 605 3/4

542 1/2 560 3/4 584 1/2 600 607 1/4

540 3/4 559 583 1/4 599 1/2 608 1/2

Holiday

380.20 380.60 379.90 378.50 377.90

376.90 377.60 377.10 375.90 375.40

375.30 376.20 375.80 374.50 373.80

374.20 375.40 375.10 373.90 373.10

WEEKLY COMMODITY FUTURES TRENDS Compared to last week: Live Cattle uneven from .67 lower to 1.32 higher, Lean Hogs .43 to 3.40 higher, except Dec .90 lower, Feeder Cattle 1.35 to 2.15 higher. Daily Futures Closes Mon. Cattle Jun Aug Oct Dec Feb Jun Jul Aug Oct Dec Fdr Cat Aug Sep Oct Nov Milk May Jun Jul

Tues.

Wed.

Thu.

Fri.

Holiday

103.12 101.45 104.85 110.42 113.95

106.12 104.45 107.75 112.45 115.77

105.05 103.95 107.05 111.77 115.15

104.90 103.62 106.27 110.65 114.45

Holiday

75.67 78.85 77.42 63.65 59.20

77.32 80.12 78.70 64.37 59.35

76.62 78.05 77.02 63.27 58.42

77.60 78.80 77.52 63.25 57.57

Holiday

144.97 144.72 144.37 144.70 141.77

148.55 148.07 147.62 147.62 144.22

147.40 147.30 147.00 147.22 143.70

146.32 146.60 146.42 146.47 143.17

Holiday

15.18 15.78 16.52

15.17 15.66 16.49

—— 15.57 16.38

—— 15.49 16.22

INTERIOR MISSOURI DIRECT HOGS Weekly Receipts: 885 Week ago: 985 Year ago: 2098 Compared to last week, barrows and gilts 1.00 to 2.00 higher. Sows 2.00 to 3.00 lower. BARROWS AND GILTS: Base carcass meat price 56.0059.00. Weekly Top Fri 59.00

SOWS: 300-500 lbs. 25.00-35.00 Over 500 lbs. 30.00-39.00


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

June 01, 2018

Missouri Crop Progress and Condition Report 5/29/18

MISSOURI GRAIN WEEKLY TRENDS Weekly Trends: Soybeans .15 to .26 lower, Wheat .17 to .25 lower, Corn .13 to .17 lower, Sorghum .26 lower to .06 higher.

Area

Periodicals postage paid at Jefferson City, Missouri

#1 Soybeans

#2 Soft Wheat

#2 Corn

Kansas City Friday** Monday Tuesday Wednesday Thursday Friday

10.07-10.36 Holiday 9.96-10.25 9.88-10.18 9.84-10.13 9.86-10.16

4.98-5.33*

3.81-3.96

6.08

4.92-5.26* 4.77-5.12* 4.81-5.16* 4.78-5.13*

3.75-3.90 3.68-3.85 3.69-3.86 3.66-3.83

5.98 5.85 5.87 5.82

St. Louis Friday** Monday Tuesday Wednesday Thursday Friday

10.48-10.50 Holiday 10.39-10.41 10.32-10.33 10.26-10.27 10.24-10.25

5.53-5.58*

4.15

7.10-7.33

5.46-5.61* 5.32-5.39* 5.36-5.43* 5.33-5.40*

4.09-4.12 4.04 4.04-4.06 3.98-4.02

7.00-7.23 6.87-7.10 6.89-7.12 7.16-7.25

Central Friday** Monday Tuesday Wednesday Thursday Friday

9.94-9.97 Holiday 9.82-9.86 9.75-9.78 9.70-9.74 9.73-9.76

4.98-5.13*

3.73-3.76

4.92-5.06* 4.92* 4.88-4.96* 4.85-4.93*

3.67-3.70 3.60-3.64 3.61-3.64 3.58-3.62

—— —— —— —— —— ——

S.E. MO Friday** Monday Tuesday Wednesday Thursday Friday

10.43-10.59 Holiday 10.32-10.46 10.23-10.40 10.19-10.36 10.17-10.27

5.53-5.66*

4.11-4.24

5.46-5.59* 5.27-5.41* 5.31-5.46* 5.29-5.46*

4.05-4.21 3.98-4.11 3.99-4.13 3.93-4.08

(PRICES PER BU. EXCEPT GR. SORG. PER CWT) *NEW CROP **PREVIOUS WEEK’S PRICES

#2 Grain Sorghum

—— —— —— —— —— ——

Warmer temperatures for the week allowed planting to progress. Below average precipitation resulted in lower pond levels and soil moisture. Temperatures last week averaged 75.1 degrees, 8.4 degrees above normal. Precipitation averaged 1.06 inches statewide, 0.09 inches below normal. There were 5.2 days suitable for fieldwork for the week ending May 27, 2018. Topsoil moisture supply was rated 8 percent very short, 23 percent short, 64 percent adequate, and 5 percent surplus. Subsoil moisture supply was rated 8 percent very short, 25 percent short, 64 percent adequate, and 3 percent surplus. Corn emerged progressed to 91 percent, 7 percentage points ahead of the previous week. Corn condition was rated at 4 percent poor, 26 percent fair, 61 percent good, and 9 percent excellent. Soybean planting was 77 percent complete, with 52 percent emerged. Cotton planting progressed to 98 percent, 10 percentage points ahead of the 5-year average. Rice emerged progressed to 83 percent, 8 percentage points ahead of the previous week, but 3 percentage points behind the 5-year average. Sorghum planted is at 71 percent, 22 percentage points ahead of the 5-year average, with 2 percent headed. Winter wheat headed is at 95 percent, 5 percentage points behind last year. Winter wheat condition was rated 3 percent very poor, 8 percent poor, 40 percent fair, 44 percent good, and 5 percent excellent. Alfalfa first cutting progressed to 57 percent, 12 percentage points ahead of the previous year, and 22 percentage points ahead of the 5-year average. Other hay first cutting progressed to 29 percent, 8 percentage points ahead of the previous year, and 12 percentage points ahead of the 5-year average.


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