Skip to main content

Weekly Market Summary 5/10/19

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

Michael L. Parson, Governor Volume XXXVIIII, Number 19 ♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Friday May 10, 2019 MISSOURI WEEKLY FEEDER CATTLE WEIGHTEDAVERAGE REPORT Receipts: 21,256 Week ago: 24,342 Year ago: 33,506 Steers and Heifers Medium and Large 1—Weighted average weights and prices STEERS: Medium and Large 1 330 lbs. 370 lbs. 426 lbs. 480 lbs.

189.19 186.00 183.87 178.74

524 lbs. 571 lbs. 626 lbs. 671 lbs.

172.40 167.62 161.07 150.34

725 lbs. 768 lbs. 830 lbs. 875 lbs.

144.65 140.34 126.77 134.08

HEIFERS: Medium and Large 1 929 lbs. 134.79 967 lbs. 120.81

Missouri Stocker Formula for 05/10/2019 Friday’s Missouri Stocker Formula consists of 4693 head with a weighted average weight of 532.26 lbs. and a price value of 167.24, 4.74 lower than last Friday.

333 lbs. 377 lbs. 427 lbs. 474 lbs.

161.47 157.96 153.48 151.63

520 lbs. 574 lbs. 626 lbs. 679 lbs.

147.22 143.56 145.33 136.85

720 lbs. 134.80 777 lbs. 126.18 817 lbs. 122.28

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

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. SOUTH CENTRAL MISSOURI WEEKLY SUMMARY (West Plains, Ava) Receipts: 4016 Week Ago: 4509 Year Ago: 5612 Compared to last week, steer and heifer calves 2.00 to 6.00 lower, except some steer calves early week spots 3.00 higher. Slaughter cows and bulls steady to 2.00 higher, spots 4.00 to 5.00 higher; late week steady to 1.00 lower. STEERS: HEIFERS: Medium and Large 1 Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-750 lbs.

175.00-196.00 163.00-190.00 163.00-183.00 149.50-158.25 143.00-147.00

Holsteins: Large 3 Scarce

300-400 lbs. 400-500 lbs. 500-600 lbs. 650-700 lbs. Lot 769 lbs.

153.00-160.00 140.00-157.00 135.50-149.00 132.00-137.50 123.50

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 52.00-61.00, high dressing Scarce 59.50-67.00, low dressing 44.0053.50. Lean (85-90%) 40.0055.00

SLAUGHTER BULLS: Yield Grade 1-2 1060-2445 lbs 77.00-87.00, high dressing 86.50100.00, low dressing 60.00-77.00 COW & CALF PAIRS: Medium and Large 1-2 5-8 yrs 975-1225 lbs with 150-300 lb calves 1100.00-1350.00 per pair

REPLACEMENT COWS: Medium and Large 1-2 2-8888 yrs 1040-1405 lbs 2nd to 3rd stage 925.00-1250.00, 1st stage 850.00-950.00 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.

*Graph is updated the first Friday of each month.

SOUTHWEST MISSOURI WEEKLY SUMMARY (Joplin and Springfield) Feeder Cattle Receipts: 5805 Week Ago: 5887 Year ago: 8488 Cow and Bull Receipts: 1377 Week ago: 1741 Year ago: 1377 Slaughter cows steady to 4.00 lower. Slaughter bulls steady to 7.00 lower, greatest decline early week.

STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. Part load 878 lbs.

172.00-212.00 174.00-189.00 160.00-182.00 151.00-170.00 134.50-144.00 125.00

HOLSTEINS: Large 3 450-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-850 lbs. 900-1000 lbs.

82.00-84.50 70.00-93.00 87.00-88.00 76.00-86.00 86.00-89.85 68.00-76.00

REPLACEMENT COWS: Medium and Large 1 28 yrs 1100-1365 lbs 2nd to 3rd stage 1100.00-1200.00. Medium and Large 1-2 2-8 yrs 10001395 lbs 1st to 3rd stage 710.001100.00 per head

HEIFERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. Lot 798 lbs.

152.00-166.00 138.00-164.00 135.00-148.50 131.50-138.00 124.50

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 48.0060.00, high dressing 55.50-64.50. Lean (85-90%) 38.00-50.00 SLAUGHTER BULLS: Yield Grade 1-2 1145-2260 lbs 76.0086.00; high dressing 83.00-98.00; low dressing 67.00-77.00 COW & CALF PAIRS: Medium and Large 1-2 2-8 yrs 1000-1175 lbs with 150-350 lbs calves 1100.00-1450.00 per pair


WEST CENTRAL MISSOURI WEEKLY SUMMARY (Sedalia, Kingsville, Windsor, Butler) Receipts: 4428 Week ago: 4612 Year ago: 6254 Compared to last week, steers and heifers 3.00 to 10.00 lower. Slaughter cows uneven from 2.00 lower to 2.00 higher. 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.

168.50-190.00 160.25-174.00 143.00-162.00 133.25-149.00 128.00-130.00

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

142.00-164.00 138.00-154.00 130.25-146.50 124.00-132.25

SLAUGHTER BULLS: Yield SLAUGHTER COWS: BreakGrade 1-2 1070-2405 lbs 71.00- ing and Boning (70-85% lean) 87.50; high dressing 84.50-96.50 48.00-63.00. Lean (85-90%) 43.00-54.00 REPLACEMENT COWS: Medium and Large 1-2 2-8 yrs 10051510 lbs 2nd and 3rd stage 775.001160.00 per head

COW & CALF PAIRS: Medium and Large 1-2 2-8 yrs 9001350 lbs with baby calves 950.00-1360.00 per pair

NORTHEAST MISSOURI WEEKLY SUMMARY (Bowling Green, Kingdom City, Palmyra) Receipts: 2763 Week ago: 9701 Year ago: 4398 Compared to last week, steers and heifers mostly 5.00 to 8.00 lower. Slaughter cows mostly steady. FEEDER STEERS: Medium and Large 1 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 850-900 lbs.

180.00-190.00 160.00-179.00 148.50-165.00 144.50-158.50 133.85-134.10

BRED COWS: Scarce

FEEDER HEIFERS: Medium and Large 1 400-500 lbs. 500-600 lbs. 600-700 lbs. Lot 787 lbs.

153.00-166.00 143.00-155.50 138.75-148.75 132.75

SLAUGHTER COWS: Breaking and Boning, (70-85% lean) 53.0060.00; high dressing 59.00-69.00. Lean (85-90%) 46.00-56.50

SLAUGHTER STEERS: Choice 2 SLAUGHTER BULLS: Yield -3 1098-1400 lbs 117.75-124.50 Grade 1-2 1045-2165 lbs 78.0086.00, low dressing 66.00-79.50 SLAUGHTER HEIFERS: Choice 2-3 968-1447 lbs 116.00-119.75 NORTH CENTRAL MISSOURI WEEKLY SUMMARY (Macon, Unionville, Green City, New Cambria) Receipts: 5063 Week ago: 4468 Year ago: 3060 Compared to last week, steers and heifers steady to 5.00 lower. Slaughter cows steady to 2.00 higher. FEEDER STEERS: Medium and Large 1 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. Load 870 lbs.

182.25-208.00 160.00-183.00 154.00-170.00 145.50-155.50 143.85

BRED COWS: Medium and Large 1 2-8 yrs 1027-1459 lbs 2nd to 3rd stage 1375.00-1610.00 per head

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

154.50-161.00 145.00-157.00 131.00-152.25 129.50-139.00

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 53.0062.00; high dressing 60.00-65.00. Lean (85-90%) 48.00-59.00

COW & CALF PAIRS: Medium SLAUGHTER BULLS: Yield and Large 1 2-8 yrs 912-1750 lbs Grade 1-2 1220-2160 lbs 79.00few rebred with baby to 350 lb 86.00 calves 1435.00-2050.00 per pair

SOUTHEAST MISSOURI WEEKLY SUMMARY (Patton, Farmington) Receipts: 1977 Week ago: 1992 Year ago: 2819 Compared to last week, steers and heifers steady to 8.00 lower. Slaughter cows 2.00 lower. 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

165.00-189.00 153.00-180.00 142.00-171.00 127.50-156.50 128.50-145.00

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

140.00-165.00 132.00-158.50 130.00-145.00 128.00-141.00 114.00-12250

REPLACEMENT COWS: Large 2 2-8 yrs 845-1460 lbs 1st to 3rd stage 610.00-950.00; over 8 yrs 1000-1485 lbs 2nd stage 500.00875.00 per head

SLAUGHTER COWS: Breaking and Boning (75-85% lean) 42.00 -55.00. high dressing 55.0069.00. Lean (85-90% lean) 30.00 -48.50

COW & CALF PAIRS: Large 1-2 5-8 yrs 1145-1220 lbs with 150300 lb calves 725.00-1160.00 per pair

SLAUGHTER BULLS: Yield Grade 1-2 1075-2215 lbs 66.0076.00. High dressing 77.5092.00

EAST CENTRAL MISSOURI WEEKLY SUMMARY (Cuba, Vienna) Receipts: 2273 Week ago: 2269 Year ago: 2300 Compared to last week, steers steady to 8.00 lower. Heifers steady to 4.00 lower, except some near 600 lbs 1.00 to 3.00 higher. Slaughter cows steady. FEEDER STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 750-800 lbs.

FEEDER HEIFERS: Medium and Large 1

178.00-192.00 164.00-187.50 156.50-175.00 138.00-162.00 134.00-139.00

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

153.00-164.00 148.50-160.50 135.50-152.50 128.75-140.00

REPLACEMENT COWS: 2-8 yrs 1050-1430 lbs 1st to 3rd stage 885.00-985.00; few over 5 yrs 11601410 lbs 2nd stage 750.00-800.00 per head

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 51.00-59.50, high dressing 59.00-63.50. Lean (85-90%) 42.00-52.50

COW & CALF PAIRS: Scarce

SLAUGHTER BULLS: Yield Grade 1-2 1355-2170 lbs 76.5086.00 few high dressing 85.2588.50, low dressing 67.00-75.50

NORTHWEST MISSOURI WEEKLY SUMMARY (St Joseph) Receipts: 1462 Week Ago: 2190 Year ago: 2312 Compared to last week, steer and heifer calves 3.00 to 7.00 lower, yearlings not well tested. Slaughter cows and bulls 2.00 to 4.00 lower. FEEDER STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. Lot 854 lbs.

194.00-209.00 182.50-200.00 168.50-190.00 144.25-165.00 131.50-139.50 127.25

FEEDER HEIFERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. Lot 700 lbs. Lot 820 lbs.

156.00-173.00 150.00-164.50 145.25-159.75 129.50-149.25 130.75 119.00

SLAUGHTER BULLS: Yield Grade 1-2 1350-2280 lbs 78.00-85.00; few high dressing 87.00-88.00

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 53.00-63.00. high dressing 63.5066.00. Lean (85-90%) 45.00-55.00

BRED COWS: Scarce

COW CALF PAIRS: Scarce


MISSOURI WEEKLY DIRECT SLAUGHTER CATTLE REPORT Weekly Receipts: 320 Week ago: 240 Year ago: 160 Trading from late last Friday remains light as producers continue to see lower bids, dressed grid sales 6.00 to 7.00 lower. LIVE STEERS & HEIFERS: DRESSED STEERS & HEIFERS: No Sales Reported No Sales Reported GRADE AND WEIGHT (Grid): (over 80 percent Choice) 4 loads Tue 197.00; 2 load Thu 198.00 NATIONAL DIRECT DELIVERED FEEDER PIG REPORT 05/10/2019 Supply includes 57% formulated prices. Early weaned pigs 10-12 lbs basis: Formula 37.00-69.66, weighted average 52.89. Cash 43.00-67.00, weighted average 57.85 Feeder Pigs 40 lbs basis: Cash 72.00-96.00, weighted average 89.74 NATIONAL DAILY ETHANOL REPORT 05/10/2019 Dried Distillers Grain (10% Moisture): 125.00-130.00 Modified Wet Distillers Grain (50-55% Moisture): 70.00 Wet Distiller Grain (65-70% Moisture): 42.00-60.00 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 90.00

281.20

260.00

230.00 87.50

St. Louis

307.50

255.00

N/A

N/A

85.00

Springfield Livestock Marketing Center Special Dairy Heifer Sale Report for 4/24/2019 Receipts: 961 Last Month: 750 Last Year: 754 Prices reported per head basis, unless noted. Springer heifers bred seven to nine months: Supreme 950.00-1225.00; Approved 700.00-850.00; Medium 500.00-675.00; Common 250.00-460.00. Heifers bred three to six months: Supreme 935.00-1175.00; Approved 700.00-900.00; Medium 475.00-660.00; Common 210.00-310.00. Heifers bred one to three months: Approved 650.00-860.00; Medium 550.00-610.00. Open Heifers: Approved 200-265 lbs 235.00-260.00; 311-375 lbs 250.00-350.00; 408495 lbs 300.00-400.00; 510-590 lbs 400.00-500.00; 605-690 lbs 500.00560.00; 718-815 lbs 500.00-625.00. Medium 420-490 lbs 225.00-285.00; 565-590 lbs 250.00-385.00; 615-677 lbs 235.00-300.00; 720-790 lbs few 310.00-425.00. Replacement Cows: Fresh cows: Supreme ind 1275.00; Approved 825.00-950.00; Medium few 600.00-625.00; Common 275.00575.00. Milking Cows Supreme 1000.00-1125.00; Approved 800.00900.00; Medium 600.00-740.00; Common 210.00-575.00. Springer Cows Supreme 1000.00-1100.00; Approved 800.00-975.00; Medium few 700.00 -725.00; Common few 400.00-610.00 Bred Cows: Supreme 1000.001275.00; Approved 775.00-975.00; Medium 600.00-735.00. Baby Calves: Holstein heifers 100.00-185.00. Holstein bulls 70.00-100.00. Jersey bulls few 20.00. Brown Swiss bull 115.00. Crossbred heifers few 100.00160.00. Crossbred bulls 45.00-90.00. St. Joseph Stockyards Sheep and Goat Auction 5/9/19 Receipts: 1629 Last Month: 1381 (All prices CWT unless otherwise stated.) SHEEP: Feeder lambs Medium and Large 1 30-40 lbs 190.00-220.00; 40-50 lbs 202.50-217.00. Medium and Large 1-2 30-40 lbs 175.00-180.00; 40-50 lbs 180.00-190.00. Hair Medium and Large 1 30-40 lbs 200.00-227.50; 40-50 lbs 200.00-212.50. Medium and Large 2 20-30 lbs 155.00; 30-40 lbs 150.00-155.00. Slaughter lambs wooled Choice and Prime 1-3 50-60 lbs 200.00-220.00; 60-70 lbs 195.00-220.00; 70-80 lbs 185.00-202.00; load 83 lbs 203.00; 90-100 lbs 172.50-175.00; 100-150 lbs 156.50-180.00. Good and Choice 1-3 7080 lbs 180.00-187.50. Hair Choice and Prime 1-3 50-60 lbs 200.00215.00; 60-70 lbs 192.50-212.50; 70-80 lbs 180.00-197.50. Good and Choice 1-3 50-60 lbs 194.00-218.00; lot 69 lbs 165.00; lot 74 lbs 185.00. Ewes Utility and Good 2-3 150-200 lbs 45.00-57.50; 200-250 lbs 47.0057.50. Utility 1-3 pkg 80 lbs 42.50; 100-150 lbs 39.00-42.50; 150-200 lbs 35.00-42.00; 250-300 lbs 37.00-45.00. Cull and Utility 1-3 100-150 lbs 28.00-39.00; 150-200 lbs 30.00-40.00. Hair Utility 1-3 100-120 lbs 35.0040.00; load 184 lbs 38.00. GOATS: Feeder Kids Selection 1 20-25 lbs 250.00-320.00. Selection 1-2 30-40 lbs 235.00-250.00. Selection 2-3 2025 lbs 170.00-185.00. Slaughter kids Selection 1 30-40 lbs 280.00330.00; 40-50 lbs 255.00-312.50; 50-60 lbs 280.00-310.00; 60-70 lbs 295.00-310.00. Selection 1-2 30-40 lbs 220.00-280.00; 40-50 lbs 220.00275.00. Does Selection 1 80-90 lbs 140.00-145.00; 90-100 lbs 135.00150.00; 100-150 lbs 135.00-147.50; 150-175 lbs 132.50-139.00. Selection 1-2 100-140 lbs 135.00-145.00. Families Selection 2 2-4 yrs 100 lbs with 10-15 lbs kids 110.00-150.00 per family

WEEKLY COMMODITY GRAIN FUTURES TRENDS Compared to last Friday: Soybeans 0.31 to 0.33 lower, Wheat 0.09 to 0.16 lower, Corn 0.13 to 0.21 lower, KC Wheat 0.14 to 0.17 lower, Soybean Meal 9.10 to 10.90 lower. Daily Grain Futures Closes Mon.

Tues.

Wed.

Thu.

Fri.

Soybeans May Jul Aug Sep Nov

817 1/2 830 1/4 836 1/2 842 1/4 853

817 3/4 830 3/4 837 842 1/2 853

814 1/4 827 1/4 833 1/2 839 1/4 850 1/2

800 1/4 812 3/4 819 1/2 825 835 3/4

797 809 1/4 815 3/4 821 1/2 833 1/4

Wheat May Jul Sep Dec Mar

428 437 1/4 445 1/2 461 1/2 478

430 1/2 439 1/2 448 462 1/2 477 3/4

431 1/4 439 447 1/2 461 1/4 475 1/2

421 3/4 429 1/2 438 1/2 452 3/4 467 1/2

419 424 3/4 433 3/4 448 1/4 463

Corn May Jul Sep Dec Mar

355 3/4 364 1/4 371 3/4 382 1/4 395

358 366 1/2 374 383 3/4 396 1/2

355 1/4 364 1/4 372 1/4 382 1/4 395

344 1/2 353 1/4 362 372 3/4 386 3/4

342 1/2 351 3/4 361 372 386 1/4

KC Wheat May Jul Sep Dec Mar

394 1/4 403 414 436 458 1/2

394 3/4 404 415 436 457

394 1/4 403 1/2 414 1/4 434 1/2 454 1/2

390 397 3/4 408 1/2 428 3/4 448 3/4

379 1/4 387 398 419 440

SB Meal May Jul Aug Sep Oct

291.80 296.60 297.90 299.30 300.50

288.40 293.20 294.80 296.60 298.00

288.70 292.90 294.60 296.60 298.00

285.30 289.10 291.00 293.00 294.60

284.10 287.30 289.20 291.20 293.00

WEEKLY COMMODITY FUTURES TRENDS Compared to last week: Live Cattle 0.25 to 0.97 lower, except Feb 0.10 higher, Lean Hogs 1.60 to 4.92 lower, Feeder Cattle 0.45 to 1.10 higher. Daily Futures Closes Mon.

Tues.

Wed.

Thu.

Fri.

Cattle Jun Aug Oct Dec Feb

112.27 108.40 108.87 112.45 115.65

112.27 109.07 109.45 112.87 115.85

111.07 107.40 107.65 111.60 114.72

111.95 107.60 107.65 111.45 114.67

112.45 108.90 109.02 113.07 116.75

May Jun Jul Aug Oct

82.37 89.75 92.67 93.90 85.57

83.05 89.25 92.12 94.52 86.20

83.57 88.55 90.75 93.35 84.72

83.75 90.00 90.97 93.25 85.30

83.75 89.67 90.75 92.65 84.95

Fdr Cat May Aug Sep Oct Nov

136.02 144.35 145.55 146.47 147.00

137.30 145.60 146.47 147.20 147.65

135.77 143.87 144.85 145.70 146.30

136.25 144.47 145.27 145.97 146.52

137.62 146.82 147.77 148.75 149.35

Milk May Jun July

16.49 16.65 16.78

16.45 16.56 16.69

16.41 16.42 16.51

16.35 16.35 16.40

16.33 16.31 16.38

WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORTS FOR 05/10/2019 BARROWS AND GILTS: Negotiated Purchase 4615 head Base Price Range 72.00-83.00, weighted average 82.08 SOWS: 4123 head 300-500 lbs. 46.00-70.00 Over 500 lbs. 54.25-74.00


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

Periodicals postage paid at Jefferson City, Missouri

May 10, 2019

Market News Hotline 1-573-522-9244

MISSOURI GRAIN WEEKLY TRENDS Weekly Trends: Soybeans 0.28 to .33 lower, Wheat 0.05 to 0.14 lower, Corn 0.17 to 0.20 lower, Sorghum 0.33 to 0.50 lower.

Area

#1 Soybeans

#2 Soft Wheat

#2 Corn

#2 Grain Sorghum

Kansas City Friday** Monday Tuesday Wednesday Thursday Friday

7.92-8.17 7.80-8.05 7.81-8.05 7.77-8.02 7.63-7.87 7.59-7.84

4.08-4.18 4.07-4.17 4.10-4.19 4.09-4.19 4.00-4.09 3.95-4.05

3.61-3.80 3.54-3.73 3.57-3.75 3.54-3.73 3.43-3.62 3.42-3.61

6.08 5.96 6.00 5.96 5.76 5.75

St. Louis Friday** Monday Tuesday Wednesday Thursday Friday

8.33-8.37 8.22-8.25 8.22-8.26 8.18-8.22 8.03-8.09 8.05

4.59-4.68 4.58-4.67 4.66-4.70 4.69 4.59 4.54

3.82-3.85 3.76-3.78 3.76-3.80 3.77 3.66-3.68 3.65

6.69-6.71 6.55-6.58 6.48-6.64 6.42-6.58 6.23-6.39 6.19-6.35

Central Friday** Monday Tuesday Wednesday Thursday Friday

7.65 7.53 7.54-7.56 7.52 7.37-7.38 7.34

3.72-3.78 3.71-3.77 3.79-3.80 3.79 3.69-3.70 3.64-3.65

3.47-3.48 3.41 3.44-3.46 3.44 3.33 3.31-3.32

—— —— —— —— —— ——

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

8.26-8.32 8.18-8.20 8.15-8.22 8.11-8.19 7.95-8.04 7.99-8.01

4.43-4.62 4.43 4.60 4.62 4.45 ——

3.75-3.90 3.74-3.84 3.68-3.78 3.69-3.76 3.55-3.65 3.61-3.63

—— —— —— —— —— ——

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

MISSOURI CROP PROGRESS REPORT 05/06/19 Temperatures last week averaged 59.5 degrees, 0.4 degree above normal. Precipitation averaged 4.00 inches statewide, 2.95 inches above normal. There were 0.8 days suitable for fieldwork for the week ending May 5, 2019. Topsoil moisture supply was rated 46 percent adequate, and 54 percent surplus. Subsoil moisture supply was rated 66 percent adequate, and 34 percent surplus. Corn planted progressed to 49 percent this week, 25 percentage points behind last year and the 5 year average, while corn emerged progressed to 19 percent. Soybeans planted progressed to 3 percent, 14 percentage points behind last year. Cotton planted progressed to 19 percent. Rice planted progressed to 48 percent, 19 percentage points behind the 5-year average, while rice emerged progressed to 16 percent. Winter wheat headed progressed to 26 percent, 5 percentage points ahead of last year. Winter wheat condition was rated at 2 percent very poor, 11 percent poor, 46 percent fair, 34 percent good, and 7 percent excellent.


Turn static files into dynamic content formats.

Create a flipbook
Weekly Market Summary 5/10/19 by MO Market News - Issuu