KENTUCKY LIVESTOCK AND GRAIN MARKET REPORT

KENTUCKY LIVESTOCK AND GRAIN MARKET REPORT

Volume No. 39 Issue No. 19 Released: 05/13/2024

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

Jonathan Shell, 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 05/07/2024

Receipts: 589

Bred Cows: Supreme 1600.00-1625.00. Approved 1050.00-1400.00. Medium 735.00-850.00. Common NA.

Fresh Milking Cows: Supreme 1500.00-2275.00. Approved 1100.00. Medium 860.00. Common NA.

Springer Heifers: Supreme 1500.00-1725.00. Approved 1350.00. Medium NA. Common NA.

Open Heifers: Supreme 1075.00-1450.00. Approved 725.00-825.00. Medium 585.00-610.00. Common 270.00-400.00.

Bull Calves: (per head) Medium and Large 100.00-630.00, 450.00-840.00 beef cross, 50.00-150.00 jersey.

Heifer Calves: (per head) Medium and Large 100.00-550.00, 320.00-800.00 beef cross, 80.00-170.00 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.

05/13/2024

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

4.59-4.62

11.44 NA

4.48-4.58 4.93

11.55-11.60 6.02-6.52

4.58

12.00 NA

4.50

11.55 NA

4.73

11.90 NA

4.60-4.64

12.09-12.15 NA

National Weekly Ethanol Plant Report 05/06/2024-05/10/2024 Indiana Ohio Illinois Iowa

Yellow Corn Spot Bid 4.43

Dried Distillers Grain ($/ton) 10% moisture 140.00-195.00

Modified Wet Distillers ($/ton) 55-60% moisture 68.00-85.00

New Crop Delivery Contract

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

4.49-4.54

11.18 6.07-6.57

4.53-4.73

11.57-11.62 6.37-6.57

4.57

11.87 6.62

4.28

11.27 6.22

4.73

11.62 6.02

4.52

11.66 6.34-6.40

Kentucky Weekly Cattle Receipts as reported at local markets:

04/22/24 20,173

04/29/24 17,316

05/06/24 15,662

05/13/24 16,252

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

5/13/2024

408.30 130.00

-- -- -- -- -- -- -- -- --

Commonwealth St. Louis

Agri-Energy Weekly Feed

Hopkinsville

Region

5/13/2024

5/6-5/10/2024

-- -- 160.00 120.00 78.00 -- -- -- -- -- --

390.90-401.90 90.00-105.00 159.00-180.00

-- -- -- 160.00-180.00 545.00 360.00 -- --

Memphis Weekly Feed

Region

5/6-5/10/2024

391.90-426.90 110.00

175.00-200.00 -- -- --

100.00-120.00 400.00-435.00 320.00-340.00

-- __

Corn Belt Weekly Feed

Region

5/6-5/10/2024

381.90-398.90 90.00-140.00 140.00-195.00

-- -- -- 80.00-105.00 385.00-435.00 -- -- --

Daily Direct Hog Prices LM_HG218 05/13/2024 Barrows & Gilts Purchased Swine Receipts: 3,398 Base Price: $85.00$92.50

Wt. Avg. $88.91

Compared to prior day, wt. avg. base prices were up 0.59.

5 Day Rolling Average: $92.01

FOR DAILY LIVESTOCK

AND GRAIN MARKET REPORTS

CALL FARMLOT

1-800-3276568

1-502-5730553

Weekly Kentucky Cattle and Grain Summary

USDA Livestock, Poultry and Grain Market News

Frankfort, KY

Monday, May 13, 2024

For Week Ending:

Saturday, May 11, 2024

Receipts: 15,229

Last Week: 15,529

Last Year: 17,237

Compared to last week, trends for feeder calves were mixed. The first part of the week sold mostly 2.00 to 4.00 lower with some exceptions. As the week progressed

the markets got stronger trending 4.00 to 6.00 higher by weeks end. Yearling steers and heifers were steady to 2.00 higher. There was good demand throughout the week for all feeder and yearling classes. Slaughter Cows and bulls were unevenly steady with trends ranging from 3.00 lower to 3.00 higher. Demand was good for all slaughter classes.

View Full Summary

340.00 290.00 240.00 190.00 140.00

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

STATE AVERAGES Steers (M&L 1-2)

350-400 lbs 400-450 lbs

This Week 338.86 327.53

Prior Week 327.59 332.69

Last Year 239.61 231.60

90.00 J FM AM J J A S O N D

2024

2023

5 Year Average

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

314.37 308.16 289.89 282.78 266.22 249.61 243.70 228.94 221.37

309.12 299.48 291.27

319.38 301.47 292.34 276.34 268.27 245.31 239.93 230.78 219.62

291.29 294.91 285.87

235.23 232.09 226.15 229.19 209.09 199.54 194.10 188.09 177.37

215.40 214.00 207.46

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

335.00

285.00

9 2+5

235.00

185.00

135.00

85.00 J FM AM J J A S O N D

202248

2023

255

5 Year Average

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

281.70 263.87 256.06 239.97 232.56 222.36 218.23

276.43 265.88 250.60 241.33 229.24 221.44 216.13

206.96 201.03 195.85 187.11 181.00 167.56 165.78

WEEKLY KENTUCKY CATTLE AUCTION RECEIPTS 30 20 10

Thousands

WEELKY COW SUMMARY

Slaughter Cows

Average

High

Breakers 112.00-134.00 123.00-150.00

Boners 100.00-136.00 108.00-146.00

Lean 87.00-125.00 101.00-141.00

Slaughter Bulls

Average

High

Yield Grade 1&2 130.00-159.00 148.00-193.00

Low 100.00-121.00 68.00-119.00

88.00-111.00 Low

119.00-145.00

May 9, 2024

Bowling Green, KY

SLAUGHTER GOATS: 105

Kids: Selection 1 56 lbs 330.00; 65 lbs 305.00. Selection 1-2 91 lbs 262.50.

Selection 2 50-52 lbs 317.50-340.00; 64 lbs 277.50. Selection 2-3 51 lbs 250.00.

SLAUGHTER SHEEP: 597

Hair Breeds-Choice & Prime 1-2 50-56 lbs 237.50-260.00; 69 lbs 255.00; 71 lbs

257.50; 87 lbs 242.50; 95 lbs 235.00. Choice 2 58 lbs 240.00; 68 lbs 242.50; 87 lbs

242.50; 120lbs 190.00. Wooled-Choice and Prime 1-2 56 lbs 250.00; 69 lbs 245.00

88 lbs 232.50; 98 lbs 215.00; 109 lbs 190.00; 145 lbs 185.00.

View Full Report

View Latest Grain Report

GRAINS

This Week

Prior Week Last Year

Corn

4.32-4.74

4.14-4.67

5.75-6.62

Soybeans Red Winter Wheat

11.31-12.60 5.49-6.49

10.81-12.25 13.63-14.84

5.14-6.08

5.52-6.44

0 J FM AM J J A S O N D

2024

2023

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

2024

2023

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 Lexington, KY May 6 &7, 2024 Feeder Steers: Medium & Large 1-2

44 hd. 560# 324.00 char-blk 44 hd. 582# 314.50 blk 30 hd. 632# 294.00 blk 52 hd. 682# 274.50 blk-bwf 40 hd. 720# 274.50 blk 21 hd. 746# 248.75 charx-red 57 hd. 873# 236.95 blk-mixed 56 hd. 928# 230.00 blk-mixed Feeder Heifers: Medium & Large 1-2 23 hd. 400# 323.00 blk 36 hd. 497# 297.00 charx-blk 87 hd. 637# 247.00 blk 89 hd. 659# 264.25 blk 78 hd. 692# 235.00 mixed 77 hd. 720# 248.25 blk 42 hd. 795# 221.00 blk

Blue Grass East Mt. Sterling, KY May 8, 2024 Feeder Steers: Medium & Large 1-2

65 hd. 809# 241.00 blk-mixed Feeder Heifers: Medium & Large 1-2

81 hd. 595# 273.00 blk-mixed

Christian Co. Livestock Auction Hopkinsville, KY May 8, 2024 Feeder Steers: Medium & Large 1-2

21 hd. 740# 239.00 mixed

Blue Grass of Albany Albany, KY May 8, 2024 Feeder Steers: Medium & Large 1-2

46 hd. 615# 298.50 blk-bwf

KY-TN Livestock Auction Guthrie, KY May 9, 2024 Feeder Steers: Medium & Large 1-2

61 hd. 845# 235.75 blk-bwf Feeder Heifers: Medium & Large 1-2

20 hd. 684# 221.00 blk-mixed

Washington Co. Livestock Springfield, KY May 6, 2024 Feeder Steers: Medium & Large 1-2

52 hd. 636# 298.75 blk 30 hd. 721# 282.00 blk 58 hd. 851# 236.75 blk 28 hd. 863# 216.25 mixed 56 hd. 914# 224.75 blk Holstein Steers: Large 3 58 hd. 893# 194.00 Feeder Heifers: Medium & Large 1-2 21 hd. 601# 252.50 blk

United Producers Owenton Owenton, KY May 8, 2024 Feeder Steers: Medium & Large 1-2

24 hd. 529# 308.00 blk 30 hd. 603# 281.00 blk-bwf 79 hd. 678# 271.00 blk 68 hd. 793# 242.25 blk 27 hd. 799# 244.50 blk Feeder Heifers: Medium & Large 1-2 24 hd. 614# 260.00 blk 59 hd. 839# 218.25 mixed

Mid-KY Livestock Market Upton, KY May 7, 2024 Feeder Steers: Medium & Large 1-2

34 hd. 800# 225.00 blk

Blue Grass South Stanford, KY May 9, 2024 Feeder Steers: Medium & Large 1-2

60 hd. 874# 219.50 mixed 27 hd. 883# 226.75 blk-red 126 hd. 892# 229.75 charx-blk 57 hd. 917# 232.50 blk 48 hd.1080#207.30 blk Feeder Heifers: Medium & Large 1-2 23 hd. 640# 255.00 blk 61 hd. 769# 231.25 blk 47 hd. 921# 207.75 blk-charx

Farmers Livestock Glasgow, KY May 6, 2024 Feeder Bulls: Medium & Large 1-2

39 hd. 460# 321.50 blk Feeder Heifers: Medium & Large 1-2

20 hd. 375# 302.50 blk

Farmers Livestock Flemingsburg, KY May 7, 2024 Feeder Steers: Medium & Large 1-2

35 hd. 669# 270.50 blk-charx 87 hd. 801# 245.75 blk-charx Feeder Heifers: Medium & Large 1-2 54 hd. 483# 289.50 blk-red

Blue Grass of Campbellsville Campbellsville, KY May 8, 2024 Feeder Steers: Medium & Large 1-2

33 hd. 736# 259.50 blk-bwf 58 hd. 919# 224.25 blk-charx

Paris Stockyards Paris, KY May 9, 2024 Feeder Steers: Medium & Large 1-2

22 hd. 605# 299.00 blk 21 hd. 855# 235.25 blk Feeder Bulls: Medium & Large 1-2 24 hd. 454# 316.00 blk Feeder Heifers: Medium & Large 1-2 22 hd. 492# 300.00 blk 22 hd. 585# 275.00 blk 45 hd. 611# 257.50 blk 74 hd. 628# 264.00 blk 55 hd. 657# 257.50 blk 65 hd. 827# 221.00 blk

Blue Grass of Richmond Richmond, KY May 10, 2024 Feeder Steers: Medium & Large 1-2

47 hd.1118#192.50 blk-charx-red Feeder Heifers: Medium & Large 1-2

54 hd. 938# 206.40 blk-charx-red

Russell County Stockyards Russell Springs, KY May 8, 2024 Feeder Steers: Medium & Large 1-2

34 hd. 727# 258.00 mixed 22 hd. 879# 222.50 mixed Feeder Heifers: Medium & Large 1-2 29 hd. 463# 321.00 blk-bwf

Lake Cumberland Livestock Somerset, KY May 11, 2024 Feeder Heifers: Medium & Large 1-2

72 hd. 799# 218.00 mixed

USDA ESTIMATED DAILY LIVESTOCK SLAUGHTER

Fri.5/10/2024 (est) Week Ago (est) Year Ago (act) Week to Date (est) Same Pd Lt Week (est) Same Pd Lt Yr (act)

CATTLE CALVES HOGS 120,000 1,000 473,000 119,000 1,000 462,000 123,972 1,232 456,080 609,000 5,000 2,381,000 599,000 5,000 2,381,000 629,335 5,334 2,304,728

SHEEP 4,000 5,000 5,703 34,000 36,000 33,782

National Daily Direct Slaughter Cattle Negotiated Purchases 5/10/2024 Live Bids FOB- weighed average weights & prices Steers: 80%-up Choice: 1517.9 lbs 185.87 Heifers 80%-up Choice: 1290.9 lbs 185.11

05/13/2024 USDA Carlot Meat Summary, Compared to Previous Day Prices in dollars per hundred weight: Boxed beef cutout prices were trending up on Choice and Select carcasses.

NATIONAL BOXED BEEF CUTOUT Estimated composite cutout value of Choice 600-900 lbs carcasses up 4.38 at 298.95; Select 600-900 lbs carcasses up 3.01 at 287.18; based on 68 loads of choice cuts, 14 loads of select cuts, 5 loads of trimmings, and 26 loads of ground beef. Choice/Select Spread 11.77.

CARCASS PRICE EQUIVALENT INDEX VALUE NW_LS410. Estimated carcass price equivalent value of Choice 600-900 lbs carcasses up 2.30 at 284.67; Select 600-900 lbs carcasses up 1.16 at 273.69.

Current index reflects the equivalent of 120,281 head of cattle.

Produce Prices updated 05/13/2024

Variety

Unit Size

Price Range

Avg. Price

Tomato #1

20 lbs

Tomato#2

20 lbs

Tomato Small & Canner 20 lbs

Cabbage

hd.

Cucumber

.5 bu

Squash

.5 bu

17.50-40.00 10.00-25.00 5.00-30.00

1.75-2.50 2.00-27.00 13.00-30.00

25.46 17.55 14.18

2.18 12.52 20.03

Prices and Quotes furnished by Wholesale and Retail Markets

Producers Livestock Sheep and Goat Auction, San Angelo, Texas May 7, 2024 Compared to last week slaughter lambs 10.00-30.00 lower. Slaughter ewes 5.00 lower. Feeder lambs not well tested. Nannies firm; kids 10.00-20.00 lower. Trading and demand moderate. SLAUGHTER LAMBS WOOLED & SHORN: Choice and Prime 1-2 46 lbs 252.00; 50-58 lbs 255.00-268.00; 63-66 lbs 260.00-270.00; 70-78 lbs 248.00-282.00; 80-83 lbs 246.00-258.00; 91-93 lbs 237.00-268.00; 102-107 lbs 230.00-236.00. Choice and Prime 2-3 132 lbs 216.00; 140 lbs 222.00. Choice 1-2 71 lbs 240.00; 86 lbs 210.00; 100 lbs 206.00; 111 lbs 200.00. HAIR BREEDS: Choice and Prime 1-2 45-49 lbs 250.00-282.00; 50-59 lbs 250.00-279.00; 60-69 lbs 240.00-274.00; 70-79 lbs 240.00-275.00; 80-89 lbs 238.00-268.00; 90-99 lbs 210.00-258.00; 100-110 lbs 220.00-246.00. Choice and Prime 2-3 113-119 lbs 190.00-220.00; 128 lbs 222.00. Choice 1-2 45-47 lbs 230.00-250.00; 50-59 lbs 230.00-258.00; 60-69 lbs 230.00250.00; 70-77 lbs 220.00-244.00; 80-88 lbs 200.00-230.00; 95 lbs 200.00-206.00; 113 lbs 190.00. Good 1 40-46 lbs 200.00-220.00. SLAUGTER GOATS KIDS: Selection 1 42-49 lbs 300.00-343.00; 50-59 lbs 300.00-350.00; 60-69 lbs 290.00-390.00; 70-79 lbs 300.00-330.00; 80-88 lbs 295.00-312.50; 95 lbs 296.00. Selection 1-2 42-48 lbs 260.00-318.00; 52-59 lbs 262.00-320.00; 60-68 lbs 260.00-276.00; 71-78 lbs 266.00304.00; 95 lbs 260.00. Selection 2 41-46 lbs 240.00-248.00; 57-58 lbs 250.00-256.00; 61-67 lbs 206.00-235.00.

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New Holland Sheep and Goat Auction New Holland, Pa. May 13, 2024 Compared to last week, slaughter wooled and shorn lambs sold unevenly steady. Slaughter hair breed lambs sold weak. Slaughter ewes sold higher. Slaughter hair ewes sold steady. No comparison on slaughter bucks. Buyer demand was moderate on a light supply for the slaughter sheep/lamb sale. Slaughter kid goats sold unevenly steady. Slaughter nannies/does sold weak. Slaughter bucks/billies sold higher. Slaughter wethers sold unevenly steady. Buyer demand was moderate on a light supply for the slaughter goat sale. SLAUGHTER LAMBS WOOLED & SHORN: Choice 1-3 40-48 lbs 250.00-260.00; 50-58 lbs 275.00-350.00; 60-69 lbs 255.00-272.00; 70-79 lbs 270.00-285.00; 80-89 lbs 272.00-305.00; 90-98 lbs 290.00-300.00; 100-108 lbs 280.00-305.00; 110-119.00 lbs 260.00-280.00; 122-129 lbs 250.00272.00; 130 lbs 250.00-255.00. Good and Choice 1-2 41-45 lbs 235.00-255.00; 50-59 lbs 240.00-250.00; 63-67 lbs 237.00-245.00; 70-77 lbs 235.00255.00; 80-84 lbs 250.00-270.00; 92 lbs 240.00; 106 lbs 270.00; 123 lbs 240.00; 135-138 lbs 210.00-225.00. HAIR BREEDS: Choice 1-3 33-38 lbs 240.00-250.00; 48 lbs 230.00; 55-59 lbs 255.00-265.00; 60-68 lbs 265.00-285.00; 73-79 lbs 267.00-280.00; 80-84 lbs 265.00-287.00; 95 lbs 280.00295.00;101-106 lbs 285.00-310.00. Good and Choice 1-2 44-45 lbs 225.00-235.00; 51-59 lbs 220.00-230.00; 60-67 lbs 235.00-255.00; 70-78 lbs 235.00-255.00; 92-97 lbs 257.00-277.00; 108 lbs 215.00. SLAUGHTER GOATS: Selection 1 40-49 lbs 180.00-192.00; 50-59 lbs 185.00-190.00; 6069 lbs 240.00-260.00; 70-79 lbs 255.00-270.00. Selection 2 30-35 lbs 95.00-115.00; 40-49 lbs 120.00-170.00; 50-59 lbs 140.00-155.00; 60-69 lbs 200.00-225.00; 70-79 lbs 195.00-215.00. Selection 3 30-39 lbs 45.00-60.00; 40-49 lbs 70.00-130.00; 60-69 lbs 80.00-175.00; 70-79 lbs 175.00190.00.

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Blue Grass Stockyards of Richmond Graded Sheep and Goat Sale Richmond, Ky. May 13, 2024

Compared to last sale: Feeder lambs sold steady across the board in all weight and grade classes. Goats sold steady to 3.00 higher in some instances, demand for lambs and kids were very good. Aged slaughter animals sold steady with some instance on goats being up 2.00 to 4.00 higher with demand being good. 760 head received 736 sold on grade.

SLAUGHTER LAMBS WOOLED: Choice and Prime 1-2 50 lbs 255.00; 71 lbs 255.00; 92 lbs 260.00; 109 lbs 242.00. Choice 2 53 lbs 235.00; 188 lbs 110.00. Good and Choice 2-3 57 lbs 212.50.

HAIR BREEDS: Choice and Prime 1-2 54 lbs 272.50; 73 lbs 260.00; 93 lbs 240.00; 121 lbs 230.00. Choice 2 56 lbs 232.50; 67 lbs 235.00. Good and Choice 2-3 51 lbs 217.00; 66 lbs 180.00.

SLAUGHTER GOATS KIDS: Selection 1 60 lbs 370.00. Selection 2 46 lbs 322.50-350.00; 53-54 lbs 350.00-372.50; 67 lbs 380.00; 72 lbs 350.00; 200 lbs 260.00. Selection 2-3 43 lbs 217.50.

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