KENTUCKY LIVESTOCK AND GRAIN MARKET REPORT

[Pages:4]KENTUCKY LIVESTOCK AND GRAIN MARKET REPORT

Volume No. 38 Issue No. 26 Released: 7/03/2023

Kentucky Department of Agriculture Market News Branch 111 Corporate Drive Frankfort, KY 40601 Telephone No.: (502) 573-0282

Ryan F. Quarles, Commissioner

John Chism, Market News Market News Office-502-782-4107 ams.marketnews.htm Farmlot: (800) 327-6568 in Kentucky Farmlot: (502) 573-0553 out of state

Farmers Regional Livestock Dairy Auction Smith Grove, KY 6/20/2023

Receipts: 634

Bred Heifers: Supreme 1325.00. Approved 950.00-1250.00. Medium 735.00. Common NA.

Fresh Milking Cows: Supreme 2000.00. Approved 1050.00-1500.00. Medium 775.00-900.00. Common NA.

Bred Cows: Supreme NA. Approved 900.00-1400.00. Medium 625.00-900.00. Common NA.

Open Heifers: Supreme NA. Approved 800.00-850.00. Medium 410.00. Common 250.00-285.00.

Bull Calves: (per head) Medium and Large 60.00-270.00, 150.00-460.00 beef cross, 160.00 crossbred, 40.00-210.00 Jersey, 200.00 Guernsey.

Heifer Calves: (per head) Medium and Large 40.00-130.00, 110.00-490.00 beef cross, 120.00-320.00 crossbred, 120.00 Jersey.

KENTUCKY GRAIN PRICES LOUISVILLE AREA: Louisville & Bagdad; PENNYRILE AREA: Allensville, Auburn, Franklin, Hopkinsville & Pembroke; BLUEGRASS AREA: Bardstown, Lexington & Winchester; GREEN RIVER: Caneyville & Livermore; NORTHERN KENTUCKY AREA: Silver Grove at Cincinnati; PURCHASE AREA: Clinton & Mayfield. Opening bids at elevators and processing plants.

7/3/2023

4:00 pm est

Bids for next day

Cash Bids

Corn #2 Yellow

Corn #2 White

Soybeans #1 Y

Wheat #2 SRW

Barley

Louisville Pennyrile Purchase Bluegrass Green River Northern KY

5.28-5.61 5.43-5.63

4.98

4.58

5.39

NA

5.88

NA

15.23-15.28 15.53

NA

14.74

NA

5.47-6.06 5.67-5.92

5.97

5.69

5.72

NA

National Weekly Ethanol Plant Report 6/26/2023-6/30/2023 Indiana Ohio Illinois Iowa

Yellow Corn Spot Bid 5.81-5.24

Dried Distillers Grain ($/ton) 10% moisture 185.00-245.00

Modified Wet Distillers ($/ton) 55-60% moisture 90.00-108.00

New Crop Delivery Contract

Corn #2 Yellow Corn #2 White Soybeans #1 Y Wheat #2 SRW Barley

4.49-4.59

12.58 NA

4.54-4.79 NA

12.89-13.09 NA

4.63

13.29 NA

4.39

12.68 NA

4.74

13.04 NA

Kentucky Weekly Cattle

Receipts as reported at local

markets:

NA

06/12/23 21,008

NA

06/19/23 21,890

NA

06/26/23 20,460

07/03/23 15,820

Weekly Feed Ingredient Price Wholesale prices, $ per ton Rail or Truck FOB Location

Soybean Meal 48% Sol Soybean Hulls Corn Distillers Grain Dried Distillers Grain Modified Distillers Grain Wet Corn Condensed Solubles Corn Gluten Feed 20-21 pct Corn Gluten Meal 60 pct Cottonseed Meal 41 pct Whole Cottonseed Wheat Middlings

Owensboro Grain

7/3/2023

NA NA -- -- -- -- -- -- -- -- --

Commonwealth St. Louis

Agri-Energy Weekly Feed

Hopkinsville

Region

7/3/2023

6/30/2023

Memphis Weekly Feed

Region

6/30/2023

-- -- 215.00 146.00 90.00 NA -- -- -- -- --

424.20 185.00-235.00 200.00-220.00

-- -- -- 235.00-260.00 640.00 395.00-420.00 -- --

439.20-464.20 -- -- -- -- --

145.00-205.00 520.00-550.00 360.00-365.00

-- __

Corn Belt Weekly Feed

Region

6/30/2023

406.20-448.90 150.00-230.00 175.00-245.00

-- -- -- 160.00-185.00 490.00-525.00 400.00-425.00 -- --

Daily Direct Hog Prices LM_HG218 7/3/2023 Barrows & Gilts Purchased Swine Receipts: 2,791 Base Price: $85.00$97.00

FOR DAILY LIVESTOCK

AND GRAIN MARKET REPORTS

Wt. Avg. $92.06

Compared to prior day, wt. avg. base prices were down $1.94

CALL FARMLOT

1-800-3276568

5 Day Rolling Aver- 1-502-573-

age: $93.96

0553

Weekly Kentucky Cattle and Grain Summary

USDA Livestock, Poultry and Grain Market News

Frankfort, KY

Monday, July 3, 2023

For Week Ending:

Saturday, July 1, 2023

Receipts: 13,580

Last Week: 19,652

Last Year: 17,991

Compared to last week feeder steers sold mostly steady to 4.00 higher with some exceptions to 10.00 higher. Feeder heifers were mostly steady to 4.00 higher.

Yearling steers and heifers sold steady to 3.00 higher. There was good demand for all feeder and yearling classes this week with best interest in weaned feeder packages. 290.00 Slaughter cows were mostly steady to 4.00 higher and slaughter bulls steady to 3.00 240.00

WEEKLY 400-600 LB FEEDER STEER M&L 1-2 WEIGHTED AVERAGE PRICE ($/CWT)

higher with good demand for all slaughter classes.

190.00

STATE AVERAGES Steers (M&L 1-2)

350-400 lbs 400-450 lbs

450-500 lbs 500-550 lbs 550-600 lbs 600-650 lbs 650-700 lbs 700-750 lbs 750-800 lbs 800-850 lbs 850-900 lbs Heifers (M&L 1-2) 300-350 lbs 350-400 lbs 400-450 lbs

450-500 lbs 500-550 lbs 550-600 lbs 600-650 lbs 650-700 lbs 700-750 lbs 750-800 lbs

This Week 246.13 245.99 242.09 240.83 236.65 234.77 220.29 211.35 212.57 203.51 204.81

223.46 224.74 223.69 222.85 217.45 213.44 201.19 202.09 179.03 178.63

Prior Week 244.31 238.56 239.77 235.70 235.17 226.37 226.09 209.94 206.58 202.93 194.72

224.77 221.17 224.55 220.50 217.40 214.17 210.95 199.67 184.75 177.69

View Full Summary

Last Year 179.43 174.49 176.38 172.18 167.64 161.18 159.54 152.26 150.14 149.86 155.99

159.95 157.49 158.01 156.12 153.59 151.20 143.38 138.96 147.97 134.51

140.00

90.00 J FM AM J J A S O N D

2023

2022

5 Year Average

WEEKLY 400-600 LB FEEDER HEIFER M&L 1-2 WEIGHTED AVERAGE PRICE ($/CWT)

235.00

185.00

135.00

85.00 J FM AM J J A S O N D

2023

2022

5 Year Average

WEEKLY KENTUCKY CATTLE AUCTION RECEIPTS 30 20 10

Thousands

WEELKY COW SUMMARY

Slaughter Cows

Average

High

Breakers 88.00-108.00 94.00-119.00

Boners 80.00-109.50 93.00-118.50

Lean

74.00-99.50 86.50-113.00

Slaughter Bulls

Average

High

Yield Grade 1&2 102.00-110.00 120.00-129.00

Low 77.00-94.50 68.50-100.50

65.00-90.00 Low

94.00-96.00

June 22, 2023

Bowling Green, KY

SLAUGHTER GOATS: 472

Kids Selection 1: 57 lbs 265.00; 74 lbs 305.00. Selection 1-2 88 lbs 315.00.

Selection 2: 47 lbs 235.00; 53 lbs 275.00; 65-68 lbs 270.00-311.00; 70 lbs 270.00.

SLAUGHTER SHEEP: 1,131

Hair Breeds-Choice & Prime 1-2 57 lbs 181.00; 71 lbs 169.00-190.00; 89 lbs

162.50-188.00; 91 lbs 161.00; 123 lbs 152.50. Choice 2 52-57 lbs 150.00-188.00; 68

lbs 162.50; 92 lbs 169.50; 110-145 lbs 112.50-135.00. Wooled-Choice & Prime 1-2 58 lbs 152.50; 89 lbs 163.00; 90 lbs 165.00; 110-111 lbs 147.50-... View Full Report

View Latest Grain Report

GRAINS

This Week

Prior Week Last Year

Corn

4.99-6.57

5.95-7.01

6.25-7.85

Soybeans Red Winter Wheat

13.41-15.72 5.51-7.19

13.84-15.55 14.55-17.04

6.31-7.36

7.38-9.06

0 J FM AM J J A S O N D

2023

2022

5 Year Average

WEEKLY KENTUCKY CORN BID AVERAGE PRICE ($/CWT)

8.00 7.00 6.00 5.00 4.00 3.00

J FM AM J J A S O N D

2023

2022

5 Year Average

USDA-KY Livestock, Poultry & Grain Market News Frankfort, KY

Levi Geyer, OIC 502-782-4139 Email: Levi.Geyer@ USDA Livestock, Poultry, and Grain Market News

Blue Grass Stockyards

KY-TN Livestock Auction

Blue Grass South

Paris Stockyards

Lexington, KY

Guthrie, KY

Stanford, KY

Paris, KY

June 26 & 27, 2023

June 29, 2023

June 26 & 29, 2023

June 29, 2023

Feeder Steers: Medium & Large 1-2 Feeder Steers: Medium & Large 1-2 Feeder Steers: Medium & Large 1-2 Feeder Heifers: Medium & Large 1-2

21 hd. 495# 253.50 blk

77 hd. 680# 255.75 blk

61 hd. 839# 230.00 charx

135 hd. 744# 224.20 blk

42 hd. 590# 258.00 blk

37 hd. 762# 226.00 blk

63 hd. 848# 229.30 charx

66 hd. 795# 228.00 blk 57 hd. 833# 229.00 blk 66 hd. 873# 225.95 blk-charx 58 hd. 924# 219.50 blk-charx

Feeder Heifers: Medium & Large 1-2 20 hd. 489# 217.00 blk 38 hd. 626# 206.00 blk

41 hd. 853# 224.50 blk-red 57 hd. 864# 228.90 blk-charx 60 hd. 895# 224.50 blk-charx 59 hd. 900# 229.90 blk-charx

Blue Grass of Richmond Richmond, KY June 30, 2023

51 hd. 956# 218.10 blk

53 hd. 992# 212.90 charx-red

Washington Co. Livestock

Feeder Heifers: Medium & Large 1-2 Springfield, KY

20 hd. 541# 223.50 blk

June 26, 2023

76 hd. 676# 217.75 mixed

Feeder Steers: Medium & Large 1-2

79 hd. 687# 200.50 mixed

27 hd. 633# 256.50 blk

52 hd. 905# 228.80 blk

Feeder Steers: Medium & Large 1-2

58 hd. 931# 226.00 blk-charx

54 hd. 884# 225.00 blk

60 hd. 944# 212.90 blk

59 hd. 895# 230.80 blk-charx-red

59 hd. 972# 219.95 blk-charx

55 hd. 951# 219.75 blk

Feeder Heifers: Medium & Large 1-2 56 hd. 959# 229.40 blk-charx

75 hd. 713# 226.00 blk

45 hd.1069#203.50 blk-charx-red

60 hd. 784# 224.75 blk

73 hd. 722# 228.70 blk

Blue Grass East Mt. Sterling, KY June 28, 2023 Feeder Steers: Medium & Large 1-2

70 hd. 732# 250.00 blk Feeder Heifers: Medium & Large 1-2

82 hd. 724# 219.75 blk-bwf

61 hd. 829# 222.25 blk 57 hd. 906# 210.20 blk-charx Holstein Steers: Large 3 59 hd. 921# 162.70 Feeder Heifers: Medium & Large 1-2 20 hd. 490# 239.50 blk 26 hd. 601# 220.00 blk 48 hd. 749# 207.00 blk

Farmers Livestock Glasgow, KY June 26, 2023 Feeder Steers: Medium & Large 1-2

37 hd. 618# 246.00 blk Feeder Bulls: Medium & Large 1-2

22 hd. 385# 245.00 blk

Mid-KY Livestock Market Upton, KY June 27, 2023 Feeder Steers: Medium & Large 1-2

20 hd. 508# 249.00 blk-charx 31 hd. 728# 227.50 mixed Feeder Heifers: Medium & Large 1-2

66 hd. 755# 212.10 blk

23 hd. 456# 242.00 blk

28 hd. 475# 229.00 blk

23 hd. 528# 229.00 blk

22 hd. 509# 221.00 blk

Russell County Stockyards

Blue Grass of Albany

Feeder Heifers: Medium & Large 1-2 20 hd. 677# 203.00 mixed

Russell Springs, KY

Albany, KY

29 hd. 449# 227.50 blk

June 28, 2023

June 28, 2023

26 hd. 516# 214.00 blk

Feeder Steers: Medium & Large 1-2 Feeder Steers: Medium & Large 1-2

70 hd. 841# 223.60 blk

20 hd. 633# 255.00 blk

United Producers Owenton

Feeder Heifers: Medium & Large 1-2 Feeder Heifers: Medium & Large 1-2 Owenton, KY

20 hd. 696# 197.50 blk

40 hd. 635# 229.80 blk

June 28, 2023

Feeder Steers: Medium & Large 1-2

United Producers Bowling Green Bowling Green, KY June 27, 2023 Feeder Heifers: Medium & Large 1-2

41 hd. 532# 239.00 blk

20 hd. 812# 222.50 blk

USDA ESTIMATED DAILY LIVESTOCK SLAUGHTER

Fri.6/30/2023 (est) Week Ago (est) Year Ago (act) Week to Date (est) Same Pd Lt Week (est) Same Pd Lt Yr (act)

CATTLE CALVES HOGS 123,000 1,000 447,000 120,000 1,000 452,000 122,000 2,000 434,000 625,000 5,000 2,259,000 623,000 5,000 2,293,000 624,000 6,000 2,273,000

SHEEP 3,000 4,000 5,000 33,000 34,000 34,000

National Daily Direct Slaughter Cattle Negotiated Purchases 7/03/2023 Live Bids FOB- weighed average weights & prices Steers: 80%-up Choice: 1461.3 lbs 182.68 Heifers 80%-up Choice: 1313.0 lbs 183.47

7/03/2023 USDA Carlot Meat Summary, Compared to Previous Day Prices in dollars per hundred weight: Boxed beef cutout prices trended up on Choice and Select carcasses.

NATIONAL BOXED BEEF CUTOUT Estimated composite cutout value of Choice 600-900 lbs carcasses up 0.62 at 328.34; Select 600-900 lbs carcasses up 0.67 at 294.30; based on 40 loads of choice cuts, 17 loads of select cuts, 0 loads of trimmings, and 14 loads of ground beef. Choice/Select Spread 34.04.

CARCASS PRICE EQUIVALENT INDEX VALUE NW_LS410. Estimated carcass price equivalent value of Choice 600-900 lbs carcasses up 0.67 at 295.80; Select 600-900 lbs carcasses up 0.69 at 265.67.

Current index reflects the equivalent of 79,057 head of cattle.

Produce Prices updated 6/01/2023

Variety

Unit Size

Price Range

Avg. Price

Tomato #1 Tomato #2 Tomato small/canner Asparagus Cabbage Cauliflower Cucumbers (slicing) Green Beans Yellow Squash Zucchini

20 lbs 20 lbs 20 lbs .5 lbs

hd. hd. .5 bu .5 bu .5 bu .5 bu

21.00-62.00 32.00-47.00 17.50-52.50

3.00-3.00 1.50-2.10 1.60-3.00 12.00-28.00 26.00-38.00 3.00-20.00 3.00-24.00

48.94 39.26 26.02

3.00 1.74 1.95 21.37 32.05 8.20 10.71

Prices and Quotes furnished by Wholesale and Retail Markets

Producers Livestock Sheep and Goat Auction, San Angelo, Texas June 28, 2023 Compared to last week slaughter lambs weak to 5.00 lower. Slaughter ewes 20.00-30.00 lower. Feeder lambs not well tested. Nannies 10.00- 20.00 lower; kids 20.00-40.00, instances 60.00 lower. Trading and demand moderate.

SLAUGHTER LAMBS WOOLED & SHORN: Choice and Prime 1-2 56 lbs 212.00; 65-69 lbs 205.00-215.00; 73-78 lbs 195.00-214.00; 80-88 lbs 201.00-233.00; 93-94 lbs 186.00-212.00. Choice and Prime 2-3 109-119 lbs 181.00-184.00. Choice 1-2 40 lbs 176.00; 53-58 lbs 188.00-200.00; 63 lbs 187.00; 78 lbs 181.00; 99 lbs180.00. HAIR BREEDS: Choice and Prime 1-2 50-59 lbs 212.00-244.00; 60-69 lbs 200.00-240.00; 70-79 lbs 199.00-227.00; 80-89 lbs 190.00-220.00; 90-99 lbs 190.00-223.00; 100-124 lbs 188.00-223.00. Choice and Prime 2-3 113-133 lbs 167.00-180.00. Choice 1-2 46-48 lbs 180.00-213.00; 50-59 lbs 186.00-200.00; 60-68 lbs 183.00-197.00; 70-76 lbs 190.00-197.00; 80-85 lbs 180.00-186.00. Good 1 47-49 lbs 161.00-170.00; 57 lbs 170.00. SLAUGHTER GOATS KIDS: Selection 1 44-49 lbs 260.00-284.00; 51-59 lbs 270.00-280.00; 60-67 lbs 250.00-260.00; 70-77 lbs 275.00-375.00; 83 lbs 300.00. Selection 1-2 40-49 lbs 226.00-260.00; 51-59 lbs 223.00-245.00; 60-67 lbs 220.00-250.00; 70-75 lbs 220.00-232.00; 80-82 lbs 200.00-228.00. Selection 2 42-48 lbs 192.00-224.00; 50-59 lbs 170.00-222.00; 60-69 lbs 190.00-227.00; 70-79 lbs 192.00-214.00.

Click here to see the full report.

New Holland Sheep and Goat Auction New Holland, Pa. July 3, 2023 No comparison due to limited reporter availability last week. Buyer demand was moderate on a moderate supply for both the sheep and goat sales.

SLAUGHTER LAMBS WOOLED & SHORN: Choice and Prime 1-3 50 lbs 285.00; 61 lbs 255.00. Choice 1-3 45 lbs 265.00; 61-68 lbs 197.00-210.00; 70-79 lbs 220.00-260.00; 80-89 lbs 210.00-245.00; 90-95 lbs 215.00-250.00; 104-145 lbs 190.00-235.00. Good and Choice 1-2 35 lbs 170.00; 83 lbs 200.00; 93-94 lbs 200.00-215.00; 115-143 lbs 120.00-130.00. HAIR BREEDS: Choice and Prime 1-3 69 lbs 272.00; 96 lbs 250.00; 119 lbs 267.00. Choice 1-3 50-56 lbs 175.00-200.00; 62-69 lbs 230.00-235.00; 75-78 lbs 230.00-237.00; 80-86 lbs 220.00-235.00; 93-99 lbs 207.00-232.00; 100-133 lbs 200.00-230.00. Good and Choice 1-2 77 lbs 180.00; 145 lbs 155.00. SLAUGHTER GOATS KIDS: Selection 1 30-39 lbs 90.00-115.00; 40-49 lbs 135.00-195.00; 50-59 lbs 210.00-255.00; 60-69 lbs 200.00-265.00; 70-79 lbs 275.00-305.00; 80 lbs 280.00. Selection 2 30 55.00; 40-49 lbs 57.00-75.00; 50-59 lbs 115.00-185.00; 60-69 lbs 155.00; 70-79 lbs 220.00. Selection 3 30 lbs 30.00; 40-49 lbs 45.00-55.00; 50-59 lbs 30.00-75.00; 60 lbs 65.00; 70 lbs 170.00 .

Click here to see the full report

Blue Grass Stockyards of Richmond Graded Sheep/Goat Sale, Richmond, Ky. June 26, 2023

Total Receipts: 1185 hd. Graded 1114 Compared to last sale lamb prices were steady. Kid prices sold 2.00 higher. Slaughter ewes, does, rams and bucks sold steady. Good demand on all offerings.

SLAUGHTER LAMBS WOOLED: Choice and Prime 1-2 71-75 lbs 165.00-170.00; 84 lbs 175.00; 98 lbs 180.00; 104-120 lbs 167.50-185.00. Choice 2 55 lbs 130.00. Good and Choice 2-3 160 lbs 130.00.

HAIR BREEDS: Choice and Prime 1-2 55-57 lbs 150.00; 70-76 lbs 163.00-179.00; 82 lbs 170.00; 92 lbs 185.00. Choice 2 69 lbs 121.00. Good and Choice 2-3 52 lbs 146.00. Good 2-3 67 lbs 140.00.

SLAUGHTER GOATS KIDS: Selection 1-2 61 lbs 287.50; 70 lbs 320.00. Selection 2 38 lbs 192.50; 42 lbs 220.50; 52 lbs 285.00; 64 lbs 297.50. Selection 2-3 45-46 lbs 247.00-250.00; 54-57 lbs 120.00-200.00; 90 lbs 185.00.

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