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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

Michael L. Parson, Governor Volume XXXVIIII, Number 11 ♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Friday March 15, 2019 MISSOURI WEEKLY FEEDER CATTLE WEIGHTEDAVERAGE REPORT Receipts: 36,951 Week ago: 22,730 Year ago: 36,656 Steers and Heifers Medium and Large 1 Hols. Large 3

Fdr. STEERS: 351 lbs. 454 lbs. 553 lbs. 646 lbs. 744 lbs. 840 lbs. 933 lbs.

Fdr. HEIFERS:

190.88 182.50 169.63 157.06 144.23 134.07 127.90

360 lbs. 461 lbs. 554 lbs. 650 lbs. 740 lbs. 840 lbs. 918 lbs.

158.73 152.20 145.64 138.56 130.26 123.21 122.54

Hols. STEERS 347 lbs. 443 lbs. 556 lbs. 640 lbs. 741 lbs.

75.37 74.10 73.80 72.90 76.07

Missouri Stocker Formula for 3/15/2019 Friday’s Missouri Stocker Formula consists of 6303 head with a weighted average weight of 549.25 lbs. and a price value of 155.90, 6.87 lower than last Friday. This a rolling seven day calculated weighted value which combines all Feeder Steers reported by MDA/USDA Market News Service weighing from 400-649 lbs. in the Medium and Large 1 and Medium and Large 1-2 frame and muscle classifications, including all comment cattle except Brahman X. 547 lbs. SOUTHERN MISSOURI WEEKLY SUMMARY (West Plains, Ava) Receipts: 6683 Week Ago: 4231 Year ago: 5689 Compared to last week, steers and heifers steady to 8.00 lower, except some steer calves spots 2.00 higher. Slaughter cows and bulls traded STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-850 lbs.

Holsteins: Large 3 Scarce

HEIFERS: Medium 643and lbs. Large 1

185.00-197.50 175.00-200.00 155.00-177.00 141.00-164.00 132.00-153.00 133.00-135.00

350-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs.

148.00-175.00 144.00-157.50 137.00-152.50 127.00-141.00 120.00-129.00

738 lbs. SLAUGHTER COWS: Breaking and Boning (70-85% lean) 55.00-62.00, high dressing Scarce 60.00-65.50, low dressing 47.5055.00. Lean (85-90%) 44.0057.00

SLAUGHTER BULLS: Yield Grade 1-2 1040-2240 lbs 76.50-88.50, high dressing 88.5098.00, low dressing 65.00-78.00

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

REPLACEMENT 832 lbs.COWS: Medium and Large 1-2 2-8 yrs 1145-1505 lbs 1st to 3rd stage 900.00-1175.00 per head

COW & CALF PAIRS: Medium and Large 1-2 5-8 yrs 1130 lbs with 150-300 lb calves 1350.00 per pair

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: Select and Choice 2-3 1100-1400 lbs 121.75-124.00 Heifers: Select and Choice 2-3 1150-1300 lbs 122.00-125.50 East Central Missouri: Choice to High Choice 2-4 1150-1450 lbs 124.50-128.00. Select and few Choice 1-2 1000-1400 lbs 115.00122.50 SOUTHWEST MISSOURI WEEKLY SUMMARY (Joplin and Springfield) Feeder Cattle Receipts: 9926 Week Ago: 1586 Year ago: 10,169 Cow and Bull Receipts: 1615 Week ago: 644 Year ago: 1490 Compared to last week’s light test, steers and heifers traded 2.00 to 5.00 lower. Slaughter cows steady to 1.00 lower. Slaughter bulls steady 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. 900-1000 lbs.

185.00-200.00 165.00-196.00 157.00-189.00 143.00-165.00 134.00-156.00 130.00-172.00 125.50-131.00

HOLSTEINS: Large 3 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-850 lbs.

75.00-79.00 70.00-75.00 70.00-75.00 70.00-74.00 73.50-77.50 72.00-76.50

REPLACEMENT COWS: Medium and Large 1-2 2 yrs to short solid 985-1365 lbs 2nd to 3rd stage 775.00 -1100.00. 1st stage 750.00-900.00; short solid to aged 1070-1360 lbs 2nd to 3rd stage 600.00-850.00 per head

HEIFERS: Medium and Large 1 350-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs. Lot 916 lbs.

162.00-172.00 144.00-165.00 135.00-163.00 128.00-149.00 126.00-135.00 120.00-127.00 123.50

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 54.5064.00, high dressing 58.00-69.00. Lean (85-90%) 44.50-52.00 SLAUGHTER BULLS: Yield Grade 1-2 1150-2365 lbs 77.0087.50; high dressing 87.50-97.50; low dressing 67.50-74.00 COW & CALF PAIRS: Medium and Large 1-2 2 yrs to short solid 940-1325 lbs some rebred with babies to 370 lb calves 1100.001550.00; 7 yrs to aged 1080-1285 lbs some rebred with babies to 360 lb calves 800.00-1100.00 per pair


WEST CENTRAL MISSOURI WEEKLY SUMMARY (Sedalia, Kingsville, Windsor, Butler) Receipts: 6596 Week ago: 5696 Year ago: 3592 Compared to last week, steers and heifers mostly steady to 5.00 higher, some spots 5.00 lower. Slaughter cows steady to 3.00 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.

174.50-192.00 158.75-186.50 142.00-177.00 135.50-161.75 129.85-138.75

400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-850 lbs.

142.00-164.50 139.00-158.00 128.00-151.00 123.00-139.00 115.00-129.00

SLAUGHTER BULLS: Yield Grade 1-2 1300-2215 lbs 73.0088.00; high dressing 85.00-95.00; low dressing 64.50-74.50

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 53.00-64.50. Lean (85-90%) 44.00-57.00

REPLACEMENT COWS: Medium and Large 1-2 2-6 yrs 11231350 lbs 2nd to 3rd stage 985.001300.00 per head

COW & CALF PAIRS: Medium and Large 1 4-7 yrs 12001350 lbs with babies to 375 lb calves 1625.00-1735.00 per pair

EAST CENTRAL MISSOURI WEEKLY SUMMARY (Bowling Green, Kingdom City, Macon) Receipts: 5441 Week ago: 3757 Year ago: 5717 Compared to last week, mostly steady to firm, spots 6.00 to 8.00 higher, heifers mostly steady. Slaughter cows steady to firm. FEEDER STEERS: Medium and Large 1 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.

179.25-193.00 167.00-186.50 154.50-176.50 136.50-160.50 131.50-139.50

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

148.00-161.00 145.50-160.50 136.00-149.00 125.50-140.75

BRED COWS: Scarce

SLAUGHTER COWS: Breaking and Boning, (70-85% lean) 55.0060.00; high dressing 61.00-68.00. Lean (85-90%) 48.00-55.00

SLAUGHTER STEERS AND HEIFERS: Select and Choice 2-4 1050-1500 lbs 124.50-129.50. Select 1-2 950-1450 lbs 116.00122.50, few 111.00-113.00

SLAUGHTER BULLS: Yield Grade 1-2 1200-2500 lbs 79.0086.00, high dressing 88.00-97.00; low dressing 67.00-77.00

NORTHEAST MISSOURI WEEKLY SUMMARY (Palmyra, Unionville, Green City, New Cambria) Receipts: 2529 Week ago: 4670 Year ago: 4294 Slaughter Cattle Receipts: 8 Week Ago: 7 Year ago: 23 Compared to last week, steers and heifers steady to 5.00 lower. Slaughter cows steady to 2.00 lower. Slaughter steers and heifers not well tested. FEEDER STEERS: Medium and Large 1 Lot 476 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs. Pkg 980 lbs.

180.25 169.50-185.00 158.50-175.00 138.25-154.10 133.00-137.50 124.25

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

148.50-163.00 136.00-154.25 135.00-146.00 127.50-132.50

SLAUGHTER STEERS: SLAUGHTER COWS: Breaking Select and Choice 2-3 1150-1250 and Boning (75-85% lean) 55.00lbs 124.50-125.00 63.00; high dressing 62.00-69.50. Lean (85-90%) 48.00-58.50 SLAUGHTER HEIFERS: SLAUGHTER BULLS: Yield Select and Choice 2-3 1150-1200 Grade 1-2 1500-2200 lbs 81.00lbs 119.25-122.75 90.00 BRED COWS: Scarce

COW & CALF PAIRS: Scarce

SOUTHEAST MISSOURI WEEKLY SUMMARY (Patton, Farmington) Receipts: 3255 Week ago: 934 Year ago: 2775 Compared to last week, steers and heifers uneven from 5.00 lower to 10.00 higher. Slaughter cows5.00 higher. Slaughter 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

168.00-204.00 155.00-193.00 139.00-178.00 131.00-152.00 126.00-141.00

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

145.00-165.00 136.00-152.00 125.00-152.00 119.00-142.50 112.00-128.00

REPLACEMENT COWS: Medium and Large 1-2 4-7 yrs 965-1445 lbs 2nd to 3rd stage 670.00-1025.00 per head

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 44.50 -57.00. high dressing 58.5068.00. Lean (85-90% lean) 35.50 -42.50

COW & CALF PAIRS: Medium and Large 1-2 few 5 yrs to short solid 820-1210 lbs with 160-380 lbs calves 900.00-1150.00 per pair

SLAUGHTER BULLS: Yield Grade 1-2 1200-2085 lbs 60.5076.00. High dressing 79.0088.50

SOUTH CENTRAL MISSOURI WEEKLY SUMMARY (Cuba, Vienna) Receipts: 2325 Week ago: 314 Year ago: 2189 Compared to two weeks ago, steers under 625 lbs steady to 5.00 higher, over 625 lbs steady to 2.00 lower. Heifers steady to 5.00 lower with the decline under 550 lbs. FEEDER STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.

FEEDER HEIFERS: Medium and Large 1

196.00-206.00 172.00-191.50 161.00-181.00 143.50-169.00 137.00-145.00 126.00-134.50

Pkg 318 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. Pkg 855 lbs.

150.00 144.00-148.00 138.00-148.75 127.50-141.75 121.00-127.50 119.25

REPLACEMENT COWS: few Medium and Large 1-2 few 2-6 yrs 1100-1350 lbs 1st to 2nd stage 850.00-950.00 per head

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 52.00-60.00, high dressing 59.75 -64.00. Lean (85-90%) 47.0055.00

COW & CALF PAIRS: Scarce

SLAUGHTER BULLS: Yield Grade 1-2 1450-2050 lbs 76.0085.00; low dressing 74.00-77.00

NORTHWEST MISSOURI WEEKLY SUMMARY (St Joseph) Receipts: 1603 Week Ago: 2512 Year ago: 3394 Compared to last week, steers and heifers steady to 3.00 higher, except 550-700 lb steers steady to weak. Slaughter cows steady to 1.00 higher. Slaughter bulls steady. FEEDER STEERS: FEEDER HEIFERS: Medium and Large 1 Medium and Large 1 550-600 lbs. 600-650 lbs. 700-800 lbs. 800-850 lbs.

161.75-175.00 163.00-164.75 140.00-157.75 132.00-137.50

Lot 451 lbs. 500-600 lbs. 600-700 lbs. 700-750 lbs.

138.50 134.00-148.75 139.25-150.00 130.00-142.00

SLAUGHTER BULLS: Yield Grade 1-2 1255-2795 lbs 80.00-88.00, few high dressing 90.50-91.00, low dressing 74.0077.00

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 53.00-65.00. high dressing 66.0067.50. Lean (85-90%) 44.00-56.00

BRED COWS: Medium and Large 1-2 2-8 yrs 910-1495 lbs 2nd to 3rd stage 800.00-1450.00 per head

COW CALF PAIRS: Medium and Large 1-2 5-8 yrs 1175-1375 lbs with baby calf 1050.00-1375.00 per pair


MISSOURI WEEKLY DIRECT SLAUGHTER CATTLE REPORT Weekly Receipts: 360 Week ago: 280 Year ago: 160 Trading from late last Friday remains light to inactive as bids are lower this week. LIVE STEERS & HEIFERS: DRESSED STEERS & HEIFERS: Late last Fri 3 loads 128.00 Tue 2 loads 205.00, Thu 3 loads FOB 204.00 GRADE AND WEIGHT (Grid): (over 80 percent Choice) 1 load Fri 209.00 NATIONAL DIRECT DELIVERED FEEDER PIG REPORT 03/15/2019 Supply includes 80% formulated prices. Early weaned pigs 10-12 lbs basis: Formula 34.12-51.43, weighted average 41.33. Cash 33.00-50.00, weighted average 45.18 Feeder Pigs 40 lbs basis: Cash 67.00-72.50, weighted average 70.05 NATIONAL DAILY ETHANOL REPORT 03/15/2019 Dried Distillers Grain (10% Moisture): 152.00-155.00 Modified Wet Distillers Grain (50-55% Moisture): 82.00 Wet Distiller Grain (65-70% Moisture): 57.00-60.00 WHOLESALE FEEDSTUFFS PRICES (DOLLARS PER TON-BULK BASIS) Area

Soybean Hulls Bulk

Soybean Cottonseed Meal 48% Meal 41% Solvent Solvent

Meat Meal

Wheat Middlings

Kansas City 120.00

291.50

267.50

250.00 135.00

St. Louis

309.50

270.00

n/a

n/a

121.50

Springfield Livestock Marketing Center Special Dairy Heifer Sale Report for 2/26/2019 Receipts: 736 Last Month: 349 Last Year: 755 Springer Heifers bred seven to nine months: Supreme 900.00-1125.00. Approved 700.00-880.00, few crossbreds 710.00-780.00. Medium 600.00675.00. Common 550.00-585.00. Heifers bred three to six months: Supreme 910.00-1010.00. Medium few 635.00-725.00. Heifers bred one to three months: Supreme 875.00-900.00. Approved few 800.00-825.00. Open Heifers: Approved: 190-278 lbs 160.00-210.00, crossbreds 140.00230.00; 314-400 lbs 270.00-280.00, Jerseys 210.00-300.00; 420-480 lbs 310.00-350.00; 540-595 lbs 400.00-510.00, crossbreds 330.00-410.00; 608 lb pkg of 8 at 500.00; 705-785 lbs 500.00-680.00. Medium: 508-580 lbs 240.00-380.00, crossbreds 220.00-240.00. Replacement Cows: Fresh Cows: Supreme 925.00-1000. Approved 750.00-875.00, few Jerseys 750.00-800.00. Medium 550.00-675.00. Common 300.00-400.00, Jerseys 275.00-500.00. Milking Cows: Supreme 925.00-1175.00, crossbreds 950.00-1000.00. Approved 730.00-875.00,crossbreds 725.00-790.00. Medium 600.00-700.00. Common 410.00-585.00,few Jerseys 285.00-525.00, crossbreds 425.00-585.00. Springer Cows: Supreme few 900.00-1000.00. Approved 750.00-875.00. Medium few 625.00. Bred Cows: Supreme 900.00-1275.00, Jerseys 900.00-1100.00, crossbreds 875.00-1070.00. Approved- 800.00- 875.00, Jersey 650.00-875.00, crossbreds 700.00850.00. Medium 550.00-720.00, Jerseys 550.00-675.00, crossbreds 575.00 - 675.00. Common 400.00-510.00, Jerseys 360.00-475.00. Baby Calves: Holstein heifers 110.00-220.00. crossbred heifers 120.00-180.00. crossbred bulls 60.00-160.00. beef cross bulls few 240.00 Norwood - Producers Auction Yards Sheep and Goat Auction for 03/14/2019 Receipts: 542 Last Month: 1291 SHEEP: 352 head mostly hair breeds Feeder Lambs: Medium and Large 1 30-49 lbs 230.00-260.00. Medium and Large 1-2 32-48 lbs 200.00235.00. Medium and Large 2 40-45 lbs 180.00-200.00. Slaughter Lambs: Choice and Prime 2-3 50-58 lbs 240.00-260.00, 74-80 lbs 200.00 -230.00. Good and Choice 1-3 50-58 lbs 200.00-230.00, 78-95 lbs 150.00 -190.00. Slaughter Ewes: Good 1-2 65-105 lbs 80.00-125.00. Utility and Good 1-3 65-190 lbs 50.00-65.00. Slaughter Rams: Good 1-2 105-175 lbs 120.00-125.00. Utility and Good 1-2 130-165 70.00-90.00. Replacement Ewes: Medium and Large 1 70-85 lbs 150.00-170.00 per head. Medium and Large 1-2 60-85 lbs 105.00-135.00 per head. Medium and Large 2 70-100 lbs 65.00-87.50 per head. Replacement Rams: Medium and Large 1 Reg. Dorper 135 lbs 265.00 per head, Reg. Katahdin 145 lbs 200.00 per head. Medium and Large 1-2 158-170 lbs 150.00-180.00 per head. Families: Ewes with single or twin lambs. Medium and Large 1 87.50-100.00 per head. Medium and Large 1-2 57.50-75.00 per head. Bottle Babies: 12.50-25.00 per head. GOATS: 190 head Feeder Kids: Selection 1 40-48 lbs 300.00-350.00. Selection 2 38-48 lbs 250.00270.00. Selection 3 35-49 lbs 165.00-200.00. Slaughter Kids: Selection 1 52-55 lbs 325.00-330.00, 63-70 lbs 282.50-300.00. Selection 2 53-55 lbs 230.00-260.00, 76-100 lbs 150.00-190.00. Selection 3 55-63 lbs 170.00-225.00, 75-90 lbs 135.00-150.00. Slaughter Does: Selection 1-2 65-105 lbs 120.00-145.00. Selection 3 70-142 lbs 85.00-110.00. Slaughter Bucks: Selection 1-2 135-145 lbs 120.00-140.00. Replacement Does: Selection 1-2 80-95 lbs 135.00-140.00 per head. Families: Does with single or twin kids: Selection 1-2 few 75.00 per family. Bottle Babies: 17.50-35.00 per head.

WEEKLY COMMODITY GRAIN FUTURES TRENDS Compared to last Friday: Soybeans .12 to .14 higher, Wheat .19 to .23 higher, Corn .08 to .09 higher, KC Wheat .21 to .29 higher, Soybean Meal 7.70 to 10.80 higher. Daily Grain Futures Closes Mon.

Tues.

Wed.

Thu.

Fri.

Soybeans Mar May Jul Aug Sep

877 3/4 890 904 910 1/4 915 1/2

884 3/4 897 911 917 922

889 901 914 3/4 921 925 3/4

889 1/2 898 1/2 912 1/4 918 1/4 923 1/4

—— 909 1/4 923 928 3/4 933 1/4

Wheat Mar May Jul Sep Dec

422 1/4 428 1/2 437 446 461

446 1/4 453 460 3/4 469 483 1/2

440 1/4 447 1/4 455 1/4 464 1/4 479

448 1/4 452 3/4 459 3/4 468 1/2 483

—— 462 1/4 468 1/4 476 3/4 491

Corn Mar May Jul Sep Dec

352 1/2 362 371 1/2 378 1/4 386 1/2

356 1/2 365 3/4 375 1/2 382 3/4 391 1/2

357 1/4 366 1/2 376 1/4 383 1/2 392 1/4

361 1/2 370 1/4 379 1/2 386 1/4 394

—— 373 1/4 382 1/4 388 3/4 396

KC Wheat Mar May Jul Sep Dec

414 1/4 420 1/4 429 3/4 442 1/4 463

435 3/4 442 3/4 451 3/4 463 1/4 482 1/2

429 3/4 436 3/4 445 1/2 456 1/4 475 1/2

429 3/4 436 1/2 445 456 1/4 475 1/4

—— 443 451 3/4 463 1/4 482 1/2

SB Meal Mar May Jul Aug Sep

296.70 301.30 305.30 307.10 308.90

298.30 303.00 307.00 308.70 310.40

300.20 304.70 308.70 310.50 312.20

301.80 305.90 309.70 311.30 313.00

—— 310.80 314.50 316.00 317.60

WEEKLY COMMODITY FUTURES TRENDS Compared to last week: Live Cattle .40 to .97 higher, except Apr .57 lower, Lean Hogs 8.25 to 9.32 higher, Feeder Cattle .07 to 2.60 lower, except Aug and Sep .63 to .85 higher. Daily Futures Closes Mon.

Tues.

Wed.

Thu.

Fri.

Cattle Apr Jun Aug Oct Dec

129.00 120.25 116.65 116.90 119.75

126.65 118.67 115.47 115.90 118.82

126.67 119.32 115.62 115.92 118.82

127.40 120.35 116.45 116.72 119.40

129.10 121.92 117.72 117.90 120.40

Apr May Jun Jul Aug

62.85 71.02 79.95 81.95 82.47

63.65 71.75 80.25 82.72 83.15

63.47 72.27 80.82 84.07 84.72

65.80 74.90 83.52 86.37 86.75

68.80 77.90 86.52 89.37 89.75

Fdr Cat Mar Apr May Aug Sep

142.30 145.97 147.40 152.50 153.25

141.30 144.40 146.10 151.52 152.10

141.55 144.12 146.07 151.45 152.12

141.10 144.65 146.35 152.02 152.85

141.32 146.92 148.45 153.55 154.00

Milk Mar Apr May

14.93 14.80 15.07

14.92 14.98 15.25

14.91 14.95 15.19

14.95 15.09 15.33

14.94 14.91 15.12

WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORTS FOR 03/15/2019 BARROWS AND GILTS: Negotiated Purchase 3,515 head Base Price Range 48.00-54.00, weighted average 53.03 SOWS: 3,593 head 300-500 lbs. 26.00-51.75 Over 500 lbs. 34.45-53.64


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

March 15, 2019

Market News Hotline 1-573-522-9244

MISSOURI GRAIN WEEKLY TRENDS

Missouri Weekly Hay Summary 03/14/19

Weekly Trends: Soybeans .13 to .20 higher, Wheat .21 to .33 higher, Corn .09 to .16 higher, Sorghum .10 to .23 higher.

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

8.43-8.68 8.37-8.63 8.44-8.70 8.48-8.74 8.46-8.71 8.56-8.82

4.10-4.19 3.99-4.08 4.23-4.33 4.17-4.32 4.23-4.37 4.32-4.47

3.55-3.64 3.53-3.62 3.56-3.66 3.58-3.66 3.61-3.70 3.64-3.76

5.87 5.81 5.91 5.91 5.98 6.03

St. Louis Friday** Monday Tuesday Wednesday Thursday Friday

8.83 8.78-8.79 8.86 8.80-8.90 8.88-8.89 9.01-9.03

4.64-4.69 4.56-4.58 4.79-4.82 4.73-4.76 4.81 4.90-4.91

3.64-3.65 3.62-3.63 3.65-3.69 3.70 3.77 3.80

7.23 7.20-7.27 7.23-7.32 7.25-7.34 7.28-7.41 7.33-7.46

Central Friday** Monday Tuesday Wednesday Thursday Friday

8.25-8.26 8.20-8.26 8.27 8.31 8.28-8.29 8.39

3.84-3.85 3.73-3.74 3.98 3.92 3.97-3.98 4.07

3.34 3.32-3.34 3.35-3.36 3.36-3.37 3.40 3.43

—— —— —— —— —— ——

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

8.72-8.85 8.75-8.80 8.75-8.84 8.69-8.86 8.83-8.90 8.97-9.01

4.59-4.62 4.49-4.52 4.73-4.75 4.67-4.69 4.67 4.77

3.56-3.69 3.62-3.66 3.62-3.71 3.62-3.72 3.72-3.76 3.79-3.80

—— —— —— —— —— ——

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

Weather finally is starting to feel more like spring this week. Thunderstorms and heavy rains resulted in some flooding in low areas and near streams or rivers. Reports of spring peepers are a sure promise things will soon start turning green. Although the origin is unknown, there was undoubtedly more trucks seen on roadways this week across the state. Although grass is coming, there are still some feeding days left and it seems as if a few producers are letting go of inventory to help others and cash in on current prices. Hay supplies are light, demand is moderate and hay prices are steady. The Missouri Department of Agriculture has a hay directory available for both buyers and sellers. To be listed, or to view the directory visit http://mda.mo.gov/abd/ haydirectory/ for listings of hay http://agebb.missouri.edu/haylst/ (All prices f.o.b. and per ton unless specified and on most recent reported sales price listed as round bales based generally on 5x6 bales with weights of approximately 1200-1500 lbs). Supreme quality Alfalfa (RFV <185) 200.00-250.00 small squares 7.00-10.00 per bale Premium quality Alfalfa (RFV 170-180) 175.00-200.00 Good quality Alfalfa (RFV 150-170) 120.00-160.00 small squares 5.00-7.00 per bale Fair quality Alfalfa (RFV 130-150) 100.00-120.00 Good quality Mixed Grass hay 100.00-150.00 Small squares 5.00-8.00 per bale (some alfalfa/grass mix) Fair to Good quality Mixed Grass hay 75.00-125.00 small squares 4.00-6.00 per bale Fair quality Mixed Grass hay 40.00-75.00 per large round bale Good quality Bromegrass 120.00-150.00 Fair to Good quality Bromegrass 60.00-100.00 Wheat straw 3.00-6.00 per small square bale Corn Stalks 50.00-70.00 per large round bale

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