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 24 ♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Friday June 14, 2019 MISSOURI WEEKLY FEEDER CATTLE WEIGHTEDAVERAGE REPORT Receipts: Week ago: 29,381 Year ago: 34,380 Steers and Heifers Medium and Large 1—Weighted average weights and prices STEERS: Medium and Large 1 336 lbs. 378 lbs. 429 lbs. 474 lbs.
173.90 175.89 172.75 169.25
524 lbs. 573 lbs. 620 lbs. 669 lbs.
167.51 160.91 156.34 146.54
724 lbs. 779 lbs. 830 lbs. 871 lbs.
144.19 136.08 130.50 134.11
HEIFERS: Medium and Large 1 922 lbs. 124.81 963 lbs. 121.19 1016 lbs. 113.22 1054 lbs. 108.75
Missouri Stocker Formula for 06/14/2019 Friday’s Missouri Stocker Formula consists of 5049 head with a weighted average weight of 544.68 lbs. and a price value of 158.91, 3.39 higher than last Friday.
329 lbs. 379 lbs. 426 lbs. 478 lbs.
150.95 150.59 150.50 148.61
525 lbs. 574 lbs. 622 lbs. 674 lbs.
144.91 141.87 136.84 136.34
720 lbs. 777 lbs. 830 lbs. 868 lbs.
130.41 122.37 121.68 115.54
916 lbs. 114.12 1087 lbs.106.00 1100 lbs. 98.50
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: 5223 Week Ago: 5380 Year Ago: 7082 Compared to last week, steer calves uneven from 2.00 lower to 4.00 higher, yearling steers 4.00 to 8.00 higher early week. Heifer calves steady to 3.00 higher, yearling heifers not well tested. Slaughter cows and bulls 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. 700-800 lbs. 800-900 lbs.
160.00-191.00 147.50-184.00 142.50-169.00 125.00-159.00 100.00-138.00 125.00-140.50
Holsteins: Large 3 Pkg 415 lbs. 450-500 lbs. Few 550-600 lbs.
300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-750 lbs. Few 800-850 lbs.
135.00-152.50 132.50-157.50 115.00-150.00 122.50-146.00 118.00-122.00 106.00-110.00
SLAUGHTER COWS: Breaking and Boning (70-85% lean) 47.50-62.00, high dressing 46.00 58.00-70.00, low dressing 48.0060.00-77.50 55.00. Lean (85-90%) 45.0055.00-90.00 56.00
SLAUGHTER BULLS: Yield Grade 1-2 885-2285 lbs 77.00-88.50, high dressing 85.00100.00, low dressing 65.00-80.00
REPLACEMENT COWS: Medium and Large 1-2 2-8 yrs 930-1410 lbs 2nd to 3rd stage 600.00-1150.00; 5-8 yrs 9801030 lbs 2nd to 3rd stage 560.00COW & CALF PAIRS: Medium 700.00 per head and Large 1-2 2-8 yrs 1100-1200 lbs with 150-350 lb calves 1000.00-1500.00 per pair
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SOUTHWEST MISSOURI WEEKLY SUMMARY (Joplin and Springfield) Feeder Cattle Receipts: 5582 Week Ago: 8740 Year ago: 9628 Cow and Bull Receipts: 1258 Week ago: 1537 Year ago: 1467 Compared to last week, steers and heifers steady to 5.00 higher, except heifer calves early week steady to 3.00 lower. Slaughter cows 2.00 lower to 2.00 higher. Slaughter bulls steady to 3.00 lower with the advance late week. STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs. Part load 990 lbs.
160.00-176.00 159.50-176.00 148.00-166.00 134.00-154.00 127.00-134.00 120.00-131.00 116.00
HOLSTEINS: Large 3 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs. 900-950 lbs.
60.00-88.00 79.50-84.00 68.00-84.00 55.00-83.50 80.00-84.75
REPLACEMENT COWS: Medium and Large 1-2 2-8 yrs 1065-1300 lbs 2nd to 3rd stage 900.00-1100.00, 1st stage 700.00-900.00; ;short solid mouth 1125-1350 lbs 2nd to 3rd stage 625.00-900.00 per head
HEIFERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. Load 837 lbs.
135.00-157.00 130.00-148.00 130.00-148.00 123.00-140.50 115.00-125.00 123.50
SLAUGHTER COWS: Breaking and Boning (70-85% lean) 51.0066.00, high dressing 58.00-72.00. Lean (85-90%) 41.00-50.50 SLAUGHTER BULLS: Yield Grade 1-2 1185-2225 lbs 79.0089.00; high dressing 89.00-99.00 COW & CALF PAIRS: Medium and Large 1-2 2-8 yrs 1255-1300 lbs with baby calves 1085.001100.00; 2-8 yrs 1100-1200 lbs with 150-300 lb calves 1300.001450.00; 2-8 yrs 1075 lbs with 350 lb calves 1200.00 per pair
WEST CENTRAL MISSOURI WEEKLY SUMMARY (Sedalia, Kingsville, Windsor, Butler) Receipts: 5976 Week ago: 5519 Year ago: 6870 Compared to last week, steers and heifers 3.00 to 10.00 higher early week, unevenly steady late week. Slaughter cows steady to 4.00 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.
157.00-182.50 154.50-179.25 136.00-167.00 124.00-155.00 125.50-145.00
SLAUGHTER BULLS: Yield Grade 1-2 975-2230 lbs 79.0093.50; high dressing 87.00-98.50; few low dressing 68.00-80.00
400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 850-900 lbs.
136.00-169.00 132.00-158.00 123.00-150.00 120.00-144.10 116.00-117.00
SLAUGHTER COWS: Breaking and Boning (70-85% lean) 53.00-67.00. Lean (85-90%) 47.00-57.00
REPLACEMENT COWS: Medi- COW & CALF PAIRS: Scarce um and Large 1-2 2-8 yrs 990-1495 lbs 1st to 3rd stage 900.00-1250.00 per head NORTHEAST MISSOURI WEEKLY SUMMARY (Bowling Green, Kingdom City, Palmyra) Receipts: 2288 Week ago: 4393 Year ago: 4171 Compared to last week, steers and heifers under 600 lbs mostly 5.00 to 10.00 higher, over 600 lbs steady to 3.00 higher. Slaughter cows steady to firm. FEEDER STEERS: Medium and Large 1 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-750 lbs. Load 892 lbs.
FEEDER HEIFERS: Medium and Large 1
173.00-185.00 400-500 lbs. 160.00-180.00 500-600 lbs. 155.00-165.50 600-650 lbs. 148.00-150.75 130.50
146.50-157.00 144.00-156.50 145.50-146.00
BRED COWS: Scarce
SLAUGHTER COWS: Breaking and Boning, (70-85% lean) 54.0060.50; high dressing 61.00-73.00. Lean (85-90%) 49.00-57.50
SLAUGHTER STEERS: Choice 2 -3 1189-1440 lbs 115.50-118.00. Select 1-2 1065-1560 lbs 108.00113.00. SLAUGHTER HEIFERS: Scarce
SLAUGHTER BULLS: Yield Grade 1-2 1285-2115 lbs 81.0090.00, high dressing 92.00-102.00; low dressing 71.00-80.00
NORTH CENTRAL MISSOURI WEEKLY SUMMARY (Macon, Unionville, Green City, New Cambria) Receipts: 3894 Week ago: 2485 Year ago: 3241 Compared to last week, steers and heifers 1.00 to 5.00 higher. 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. 800-900 lbs. Load 906 lbs.
170.50-179.50 158.25-183.50 151.00-161.00 140.25-150.75 133.00-139.00 127.50
BRED COWS: Scarce
COW & CALF PAIRS: Scarce
FEEDER HEIFERS: Medium and Large 1 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-750 lbs.
140.00-160.50 139.00-150.50 133.00-147.50 130.75-139.75
SLAUGHTER COWS: Breaking and Boning (75-85% lean) 54.0067.00; high dressing 61.00-70.00. Lean (85-90%) 49.00-57.00 SLAUGHTER BULLS: Yield Grade 1-2 1250-2075 lbs 78.2593.00; high dressing 91.50101.00; low dressing 70.00-79.50
SOUTHEAST MISSOURI WEEKLY SUMMARY (Patton, Farmington) Receipts: 1048 Week ago: 1469 Year ago: 1418 Compared to last week, steers and heifers uneven from 2.00 lower to 6.00 higher. Slaughter cows and bulls 1.00 to 2.00 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
164.00-182.50 150.00-166.50 138.00-157.50 128.00-146.50 123.00-136.00
REPLACEMENT COWS: Medium and Large 2 2-8 yrs 1090-1390 lbs 1st to 3rd stage 735.00-850.00 per head
300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 750-800 lbs.
132.00-156.00 127.00-147.00 122.00-145.00 113.00-131.50 114.00-115.50
SLAUGHTER COWS: Breaking and Boning (75-85% lean) 50.50 -58.50. high dressing 57.5070.50. Lean (85-90% lean) 36.00 -51.00
COW & CALF PAIRS: Medium SLAUGHTER BULLS: Yield and Large 2 2-8 yrs 1120 lbs with Grade 1-2 1185-2105 lbs 71.50150-300 lb calf 1225.00 per pair 82.00. High dressing 83.0087.50 EAST CENTRAL MISSOURI WEEKLY SUMMARY (Cuba, Vienna) Receipts: 2557 Week ago: 3788 Year ago: 1677 Compared to last week, steers under 650 lbs steady to 10.00 higher, over 650 lbs 4.00 lower to 3.00 higher. Heifers under 650 lbs 8.00 to 12.00 higher, few over 650 lbs 3.00 to 5.00 higher. Slaughter cows steady to 2.00 higher. FEEDER STEERS: Medium and Large 1 350-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 750-800 lbs. Pkg 840 lbs.
FEEDER HEIFERS: Medium and Large 1
181.00-186.00 172.00-188.50 159.50-175.50 140.25-166.50 134.50-142.00 125.50
350-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. Pkg 855 lbs.
153.00-155.00 149.00-160.50 144.50-156.00 131.00-145.25 113.00
REPLACEMENT COWS: Medium and Large 1 5-8 yrs 1355-1435 lbs 2nd to 3rd stage 1125.00-1200.00. Medium and Large 1-2 2-8 yrs 1040 -1450 lbs 2nd to 3rd stage 950.001100.00
SLAUGHTER COWS: Breaking and Boning (70-85% lean) 53.00-63.50, high dressing 63.00 -75.00. Lean (85-90%) 48.0056.50
COW & CALF PAIRS: Medium and Large 1 5-8 yrs 1050-1350 lbs with 350 lb calves 1300.00-1350.00. Medium and Large 1-2 2-8 yrs 8751150 lbs with 150-300 lb calves 1080.00-1200.00 per pair
SLAUGHTER BULLS: Yield Grade 1-2 1365-2020 lbs 75.0089.00; few high dressing 90.0098.50; few low dressing 70.0081.50
NORTHWEST MISSOURI WEEKLY SUMMARY (St Joseph) Receipts: 961 Week Ago: 1392 Year ago: 1544 Compared to last week, feeders steady to 4.00 higher. Boning and lean cows steady, fleshier cows firmer on a light test. Slaughter bulls steady. FEEDER STEERS: Medium and Large 1 400-450 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. Lot 904 lbs.
180.00-187.00 170.00-178.00 145.00-166.50 142.00-150.25 125.25
FEEDER HEIFERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.
155.00-172.50 155.00-163.00 137.25-144.50 132.00-142.25 123.00-128.25 118.00-122.00
SLAUGHTER BULLS: Yield Grade 1-2 1135-2060 lbs 78.00-88.00; few low dressing 60.00-75.00
SLAUGHTER COWS: Breaking and Boning (70-85% lean) 56.00-63.00. high dressing few 64.00. Lean (85-90%) 50.00-56.00
BRED COWS: Scarce
COW CALF PAIRS: Scarce
MISSOURI WEEKLY DIRECT SLAUGHTER CATTLE REPORT Weekly Receipts: 400 Week ago: 320 Year ago: 480 Trading from late last Friday remains light with dressed grid sales 1.00 higher. LIVE STEERS & HEIFERS: DRESSED STEERS & HEIFERS: No Sales Reported 3 loads last Fri 183.00 GRADE AND WEIGHT (Grid): (over 80 percent Choice) 3 loads last Fri 186.00; 4 loads Thu 187.00 NATIONAL DIRECT DELIVERED FEEDER PIG REPORT 06/14/2019 Supply includes 54% formulated prices. Early weaned pigs 10-12 lbs basis: Formula 37.00-49.75, weighted average 43.58. Cash 30.00-45.00, weighted average 35.81 Feeder Pigs 40 lbs basis: Cash 59.50-67.00, weighted average 62.99 NATIONAL DAILY ETHANOL REPORT 06/13/2019 Dried Distillers Grain (10% Moisture): 130.00-142.00 Modified Wet Distillers Grain (50-55% Moisture): 74.00 Wet Distiller Grain (65-70% Moisture): 44.00-60.00 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 N/A
324.40
260.00
205.00 85.00
St. Louis
332.50
255.00
N/A
N/A
88.00
Springfield Livestock Marketing Center Special Dairy Heifer Sale Report for 5/28/2019 Receipts: 545 Last Month: 961 Last Year: 615 Springer Heifers bred seven to nine months: Supreme few 1000.001020.00. Approved 800.00-975.00, crossbreds 750.00-960.00. Medium 600.00- 735.00. Heifers bred three to six months: Supreme 910.001000.00. Approved 700.00- 825.00. Medium 535.00- 650.00. Common few 400.00- 500.00, few crossbreds 290.00-450.00. Heifers bred one to three months: Approved 785.00- 830.00. Medium few 680.00, crossbreds 500.00-550.00. Open Heifers: Approved: 200-300 pkg of 5 at 243 lbs 250.00, few Guernseys 235.00;315-380 lbs 200.00-275.00; 410-475 few 350.00-360.00, pkg of 15 at 475 lbs 485.00, crossbreds 300.00-410.00; 507-595 lbs few 500.00, pkg of 9 at 584 lbs 635.00, crossbreds 350.00500.00; 600-700 pkg of 7 at 668 lbs 510.00, ind crossbred 435.00; 700810 pkg of 10 at 810 lbs 635.00. Medium: 630-655 lbs 300.00- 350.00; 705-790 lbs 450.00-510.00. Replacement Cows: Fresh Cows: Supreme 900.00-1050.00, crossbreds 950.00-1025.00. Approved 800.00-825.00. Medium 625.00-740.00, ind Jersey 725.00, few crossbreds 625.00-640.00. Common few 575.00-600.00. Milking Cows: Approved 700.00-825.00, few crossbreds 750.00- 775.00. Medium 600.00-650.00, crossbreds 650.00 -700.00. Common 470.00-560.00. Springer Cows: Supreme few 1040.001090.00. Approved 750.00-800.00, crossbreds 700.00-900.00. Bred Cows: Approved few 725.00-750.00. Medium 600.00-690.00, crossbreds 570.00670.00. Baby Calves: Holstein heifers few 100.00. Holstein bulls 100.00135.00. Jersey heifers ind 150.00. Crossbred heifers ind 190.00. Crossbred bulls 125.00-210.00. Beef cross heifers 200.00-325.00 St. Joseph Stockyards Sheep and Goat Auction 6/13/19 Receipts: 1906 Last Reported: 1628 (All prices CWT unless otherwise stated.) SHEEP: Feeder Lambs Medium and Large 1 30-50 lbs 145.00162.50. Medium and Large 1-2 50-60 lbs 127.50-135.00. Hair Medium and Large 1 30-40 lbs 147.50-152.50; 40-50 lbs 145.00-150.00. Medium and Large 1-2 30-40 lbs 127.50-135.00; 40-50 lbs 140.00-145.00. Slaughter lambs Wooled Choice and Prime 1-3 50-60 lbs 140.00-150.00; 60-70 lbs 140.00-148.00; 70-80 lbs 131.00-155.00; 80-90 lbs 130.00-147.00; 90100 lbs 138.00-145.00; 100-150 lbs 130.00-143.00. Good and Choice 1-4 60-70 lbs 123.00-135.00. Hair Choice and Prime 1-3 40-50 lbs 130.00147.50; 50-60 lbs 140.00-152.50; 60-70 lbs 140.00-152.50; 70-80 lbs 131.00-142.50; 80-90 lbs 126.00-127.50. Good and Choice 1-3 50-60 lbs 125.00-145.00; 70-80 lbs 110.00-137.50; 90-100 lbs 101.00-130.00. Ewes Utility and Good 2-3 100-150 lbs 35.00-52.50 150-200 lbs 40.00-52.50. Utility 1-3 100-150 lbs 30.00-37.50; 150-200 lbs 31.00-40.00. Hair Utility and Good 1-3 80-110 lbs 32.50-41.00. Families Medium and Large 1-2 24 yrs with 20-40 lbs lambs 135.00 per family. GOATS: Feeder kids Selection 1 30 lbs 210.00-255.00. Selection 1-2 20-30 lbs 175.00-185.00. Slaughter kids Selection 1 30-40 lbs 230.00-270.00; 40-50 lbs 235.00265.00; 50-60 lbs 210.00-260.00; 60-70 lbs 210.00-250.00. Selection 1-2 30-40 lbs 175.00-230.00; 40-50 lbs 192.50-235.00; 50-60 lbs 205.00230.00. Selection 2 30-40 lbs 155.00-200.00; 40-50 lbs 165.00-210.00; 50 -60 lbs 200.00-220.00. Selection 2-3 30-40 lbs 155.00-185.00; 40-70 lbs 170.00-190.00. Slaughter does Selection 1 70-90 lbs 122.50-155.00; 100150 lbs 120.00-135.00; 150-200 lbs 110.00-135.00. Selection 1-2 90-130 lbs 130.00-135.00. Selection 2 50-60 lbs 125.00-130.00; 60-100 lbs 112.50-138.00; 100-140 lbs 90.00-125.00. Slaughter bucks Selection 1 95 -120 lbs 150.00-175.00; 175-185 lbs 130.00-137.50. Selection 2 65-85 lbs 117.50-145.00. Wethers Selection 1 40-65 lbs 225.00-235.00.
WEEKLY COMMODITY GRAIN FUTURES TRENDS Compared to last Friday: Soybeans 0.39 to 0.40 higher, Wheat 0.25 to 0.34 higher, Corn 0.23 to 0.38 higher, KC Wheat 0.19 to 0.27 higher, Soybean Meal 11.10 to 11.20 higher. Daily Grain Futures Closes Mon.
Tues.
Wed.
Thu.
Fri.
Soybeans Jul Aug Sep Nov Jan
858 1/2 865 1/4 872 1/4 885 3/4 899
859 1/4 866 1/4 873 1/4 887 900 1/4
878 884 3/4 891 3/4 905 1/2 917 3/4
888 894 1/2 901 3/4 915 1/4 926 3/4
896 3/4 903 910 923 1/2 935
Wheat Jul Sep Dec Mar May
507 1/2 511 3/4 524 1/2 536 1/2 542 1/2
518 521 1/4 532 542 546 3/4
526 1/4 531 542 1/4 552 1/2 556 3/4
535 1/2 539 549 3/4 559 3/4 563 1/4
538 1/2 542 553 1/4 563 565
Corn Jul Sep Dec Mar May
415 3/4 424 434 1/2 443 1/2 447 3/4
427 3/4 436 1/4 447 455 1/2 458 1/2
430 438 1/4 448 1/2 456 1/4 458 1/2
442 447 3/4 455 3/4 461 462 3/4
453 458 1/4 463 1/2 467 1/2 468 1/2
KC Wheat Jul Sep Dec Mar May
453 466 489 1/4 511 1/2 526 1/4
457 1/4 470 1/4 493 1/4 515 529 1/4
462 3/4 475 1/2 498 1/4 520 533 3/4
468 1/4 481 1/4 502 3/4 523 1/4 536 3/4
476 1/4 488 1/2 509 1/2 529 3/4 541 3/4
SB Meal Jul Aug Sep Oct Dec
313.40 314.70 316.50 318.20 321.90
314.40 315.60 317.30 319.10 322.70
319.50 320.80 322.40 324.10 327.90
321.70 322.90 324.60 326.20 329.90
323.50 324.70 326.40 328.10 331.90
WEEKLY COMMODITY FUTURES TRENDS Compared to last week: Live Cattle 0.53 to 1.85 higher, except Feb 0.07 lower, Lean Hogs 2.00 to 2.50 lower, except Jun 0.72 higher, Feeder Cattle 1.48 to 1.97 lower. Daily Futures Closes Mon.
Tues.
Wed.
Thu.
Fri.
Cattle Jun Aug Oct Dec Feb
109.70 106.30 107.15 111.72 116.10
110.67 106.82 107.85 112.75 117.02
109.65 105.20 106.37 111.10 115.40
109.05 104.72 106.15 110.75 114.82
108.77 104.27 105.47 109.95 114.10
Jun Jul Aug Oct Dec
79.27 86.20 84.85 79.75 79.37
79.07 84.37 82.97 76.90 76.42
79.02 84.37 82.52 76.12 75.37
79.22 83.37 82.82 77.22 76.17
79.37 81.35 80.62 75.10 74.15
Fdr Cat Aug Sep Oct Nov Jan
139.82 139.72 139.75 139.92 138.45
138.12 138.60 138.97 139.35 137.95
137.80 138.00 138.15 138.35 136.65
136.22 136.50 136.47 136.65 134.75
135.52 135.80 135.75 135.87 133.85
Milk Jun Jul Aug
16.30 16.71 17.02
16.35 16.84 17.15
16.32 16.72 17.04
16.31 16.87 17.23
16.31 16.85 17.17
WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORTS FOR 06/14/2019 BARROWS AND GILTS: Negotiated Purchase 4655 head Base Price Range 67.00-78.0, weighted average 76.45 SOWS: 3246 head 300-500 lbs. 29.00-55.50 Over 500 lbs. 38.66-57.67
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
June 14, 2019
Market News Hotline 1-573-522-9244
MISSOURI GRAIN WEEKLY TRENDS Weekly Trends: Soybeans 0.35 to 0.44 higher, Wheat 0.34 to 0.43 higher, Corn 0.37 to 0.43 higher, Sorghum 0.66 to 0.68 higher.
Area
#1 Soybeans
#2 Soft Wheat
#2 Corn
#2 Grain Sorghum
Kansas City Friday** Monday Tuesday Wednesday Thursday Friday
8.11-8.21 8.14-8.23 8.14-8.24 8.33-8.38 8.43-8.48 8.52-8.56
4.94-4.96 4.97-5.00 5.08-5.10 5.16-5.18 5.25-5.27 5.28-5.31
4.11-4.16 4.11-4.16 4.23-4.28 4.25-4.30 4.42 4.48-4.53
6.89 6.89 7.10 7.14 7.35 7.55
St. Louis Friday** Monday Tuesday Wednesday Thursday Friday
8.56-8.62 8.65 8.65-8.66 8.82-8.85 8.92 9.00-9.02
5.32-5.37 5.36-5.44 5.46-5.56 5.54-5.64 5.71-5.72 5.74-5.75
4.25-4.27 4.22-4.27 4.34-4.39 4.37-4.42 4.55-4.57 4.68
7.50-7.85 7.50-7.87 7.71-8.07 7.76-8.12 7.98-8.33 8.17-8.53
Central Friday** Monday Tuesday Wednesday Thursday Friday
7.91 7.93-7.94 7.94 8.13-8.18 8.28 8.36-8.37
*4.45-4.74 *4.57-4.78 *4.68-4.88 *4.96 *5.05-5.06 *5.08-509
3.95-3.96 3.95-3.96 4.07-4.08 4.10 4.22 4.33
—— —— —— —— —— ——
S.E. MO Friday** Monday Tuesday Wednesday Thursday Friday
8.51-8.68 8.53-8.74 8.54-8.74 8.72-8.93 8.83-9.08 8.94-9.16
*5.34-5.38 *5.37-5.49 *5.51-5.55 *5.59-5.63 *5.72-5.77 5.68*
4.25-4.37 4.25-4.40 4.37-4.52 4.35-4.54 4.52-4.76 4.63-4.85
—— —— —— —— —— ——
(PRICES PER BU. EXCEPT GR. SORG. PER CWT) *NEW CROP **PREVIOUS WEEK’S PRICES
MISSOURI CROP PROGRESS REPORT 06/10/19 Temperatures last week averaged 73.3 degrees, 3.0 degrees above normal. Precipitation averaged 0.89 inches statewide, 0.24 inches below normal. There was 3.9 days suitable for fieldwork for the week ending June 9, 2019. Topsoil moisture supply was rated 1 percent short, 69 percent adequate, and 30 percent surplus. Subsoil moisture supply was rated 65 percent adequate, and 35 percent surplus. Corn planted progressed to 81 percent this week, 19 percentage points behind last year, while corn emerged progressed to 67 percent. Corn condition was rated at 5 percent very poor, 26 percent poor, 42 percent fair, 25 percent good, and 2 percent excellent. Soybeans planted progressed to 37 percent, 52 percentage points behind last year, while soybeans emerged progressed to 20 percent. Cotton planted progressed to 80 percent. Cotton condition was rated at 7 percent very poor, 7 percent poor, 54 percent fair, and 32 percent good. Rice planted progressed to 85 percent, 13 percentage points behind the 5-year average, while rice emerged progressed to 79 percent. Rice condition was rated at 3 percent very poor, 5 percent poor, 44 percent fair, 42 percent good, and 6 percent excellent. Winter wheat headed progressed to 97 percent. Winter wheat condition was rated at 4 percent very poor, 14 percent poor, 45 percent fair, 36 percent good, and 1 percent excellent. Alfalfa first cutting progressed to 51 percent, 30 percentage points behind last year. Other Hay first cutting progressed to 27 percent, 27 percentage points behind last year.