Weekly Market Report: Mar. 21, 2023

2023-03-23 17:17:12 By : Mr. Paul Rain

Weekly market report beginning the week of Mar. 21, 2023. Data compiled from state and national market sources.

Choice Beef Steers & Heifers: 130.00 to 158.00.

Choice Dairy X-bred Steers & Heifers: 130.00 to 152.00.

High Yielding Choice Holstein Steers: 140.00 to 150.00.

Select, Unfinished & Heavyweight Steers & Heifers: 124.00 & down.

CALVES: Sold by the head.

80% of Holstein Bull Calves 95 lbs. & up: 100.00 to 230.00.

Quality Holstein Heifer Calves: 50.00 & down.

Light & Poor Quality Calves: 100.00 & down

High Yielding Choice Beef Steers & Heifers: 140.00 to 155.00.

Choice Beef Steers & Heifers: 145.00 & down.

High Yielding Choice Holstein Steers: 135.00 148.00.

Thin, Full Bulls, over a ton discounted: 104.00 & down.

CALVES: Sold by the pound. Steady.

Quality Holstein Heifer Calves: 50.00 & down.

Light & Poor Quality Calves: 30.00 & down, heavy discounts on light and poor quality.

FEEDER CATTLE: As of 3/16/23 sale.

Beef steers under 400 lbs: No Test.

Beef steers 400-600 lbs: 145.00-167.50.

Beef steers 600-800 lbs: 126.00-175.00.

Beef steers over 800 lbs: No Test.

Beef heifers under 400 lbs: No Test.

Beef heifers 400-600 lbs: 132.00-147.50.

Beef heifers 600-800 lbs: 130.00-142.00.

Beef heifers over 800 lbs: No Test.

Holstein steers up to 400 lbs: No test.

Holstein steers 400-600 lbs: No test.

Holstein steers 600-800 lbs: No test.

Holstein steers over 800 lbs: No test.

High Yielding Choice Beef Steers & Heifers: 140.00-159.00.

Choice Beef Steers & Heifers: 115.00 to 144.00.

High Yielding Choice Holstein Steers: 130.00 to 138.00.

Thin & Full Bulls, discounted: 60.00 & down.

CALVES, sold by the pound: Steady

60% of Holstein Bull Calves: 120.00 to 200.00.

Quality Dairy Heifer Calves: 40.00 to 90.00.

Light & Poor Quality Calves: 100.00 & down.

High Yielding Choice & Prime Beef Steers & Heifers: 156.00 to 160.00.

Choice Beef Steers & Heifers: 144.00 to 155.00.

Select, Low Yielding & Underfinished Beef Steers & Heifers: 138.00 & down.

High Yielding Choice & Prime Holstein Steers: 146.00 to 150.00.

Choice Holstein Steers & Heifers: 138.00 to 145.00.

Low Yielding, Select & Underfinished Holstein Steers & Heifers: 98.00-133.00.

Thin, Light & Over-Conditioned Bulls: 85.00 & down.

CALVES (03/14/23 Auction): Sold by the pound.

Quality Holstein Bull Calves weighing 90-125 lbs: 200.00 to 280.00.

Quality Holstein Heifer Calves: 60.00-100.00.

Quality Beef and X-bred Bulls & Heifer Calves: Heifers 340.00-420.00; Bulls 360.00-440.00.

High Yielding Choice Beef Steers & Heifers: 164.00-175.00.

Choice Beef Steers & Heifers: 150.00-163.50.

Choice Dairy X-bred Steers & Heifers: 135.00-170.00.

High Yielding Choice Holstein Steers & Heifers: 141.00-151.50.

Choice Holstein Steers & Heifers: 125.00-140.50.

Unfinished Steers & Heifers: 124.00 and down.

High Yielding Choice Beef Steers & Heifers: No test.

Choice Beef Steers & Heifers: No test.

Choice Dairy X-bred Steers & Heifers: No test.

High Yielding Choice Holstein Steers & Heifers: 140.50-145.00.

Choice Holstein Steers & Heifers: 130.00-140.00.

Thin, Light and Overconditioned Bulls: 101.00 & down.

CALVES: Sold by the pound.

Quality Holstein Bull Calves: 225.00 to 310.00.

Light & Poor Quality Calves: 145.00 & down.

Quality Holstein Heifer Calves: 135.00 & down.

Quality Beef & Beef X-bred Calves: bulls 430.00 & down; heifers 400.00 & down.

High Yielding Choice Beef Steers & Heifers: 135.00 to 152.00.

Choice Beef Steers & Heifers: 118.00 to 134.00.

High Yielding Choice Holstein Steers: 135.00 to 151.00.

40% of Holstein Bull Calves: 180.00-285.00.

Quality Holstein Heifer Calves: 40.00 & down.

Light & Poor Quality Calves: 40.00 & down.

Holstein steers under 400 lbs: 100.00 to 150.00.

Holstein steers 400 to 600 lbs: 100.00 to 150.00.

Holstein steers 600 to 800 lbs: 90.00 to 135.00.

Holstein steers over 800 lbs: 90.00 to 135.00.

High Yielding Choice & Prime Beef Steers & Heifers: 145.00-150.00.

Choice Beef Steers & Heifers: 130.00 to 144.00.

High Yielding Choice & Prime Holstein Steers & Heifers: 135.00-146.50.

Select & Choice Holstein Steers & Heifers: 125.00 to 134.00.

Unfinished Steers & Heifers: 125.00 and down.

Good certified organic cows (for slaughter): 120.00-135.00.

Thin, Full, Horned Bulls discounted: 85.00 & down.

CALVES, sold by the head: Steady

Good to Top Quality Holstein Bull Calves: 125.00-295.00.

Top Quality Holstein Heifer Calves: 20.00 to 55.00.

Plain Quality Holstein Heifer Calves: 20.00 & down.

Light & Poor Quality Calves: 50.00 & down.

Beef Steers: Under 400 lbs: 130.00-182.00; 400 to 600 lbs: 130.00-175.30; 600 to 800 lbs: 130.00-170.00; Over 800 lbs: 100.00-161.00.

Beef Heifers: Under 400 lbs: 130.00-195.00; 400 to 600 lbs: 130.00-192.50; 600 to 800 lbs: 130.00-181.00; Over 800 lbs: 100.00-140.00.

Holstein Steers: Under 400 lbs: 90.00-150.00; 400 to 600 lbs: 90.00-135.00; 600 to 800 lbs: 90.00-130.00; Over 800 lbs: 85.00-122.00.

High Yielding Cutters & Utility: 70.00 to 80.00.

High Choice & Prime Holstein Steers, 1400-1600 lbs: 142.00 to 145.00.

Choice & Prime Angus Beef 1200-1500 lbs: 155.00 to 160.00.

Select Beef Steers & Heifers: 130.00 & down.

Premium Beef Bulls 1600-2000 lbs: 80.00 to 90.00.

Common to Good Bulls: 70.00 to 80.00.

Premium Bulls 100-120 lbs: 250.00 to 290.00.

Common to Good Bulls 80-100 lbs: 100.00 to 250.00.

Selling Every Monday, Tuesday, Wednesday, Thursday

Low Yielding Cows: 80.00 and down.

FED MARKET STEERS AND HEIFERS: Stronger

High Choice & Prime Holstein Steers: 142.00 to 159.00.

Low Choice & Select Holstein Steers: 130.00-141.00.

Most Holstein Bull Calves: 100.00-270.00.

Holstein Heifer Calves, Single Birth: 10.00-80.00.

Light and off quality calves: 50.00 & down.

High Yield Slaughter Cows: 75.00-85.00; Holstein Bulls & Calves: 95-120 lbs: 190.00-265.00; Light Weight & Poor Calves: 50.00-110.00; Holstein Heifer Calves: 35.00-85.00; Beef X-Bred Calves: 275.00-415.00.

On Tuesday in the Southern Plains was light to moderate on moderate demand. Compared to last week in the Southern Plains live purchases traded 1.00 lower at 164.00. In Nebraska on Tuesday trade was limited on light demand. A few early live purchases in Nebraska traded at 164.00, however not enough for an adequate market test. The latest established market in Nebraska was last week with live and dressed purchases at 165.00 and 265.00. In the Western Cornbelt on Tuesday trade was limited on light to moderate demand. A few early live purchases in the Western Cornbelt traded at 164.50, however not enough for an adequate market test. The latest established market in the Western Cornbelt was last week with live purchases from 164.00- 167.00 with dressed purchases at 265.00.

Top Quality Springing Holstein Heifers: 800.00 to 1600.00.

Plainer Quality Springing Holstein Heifers: 750.00 & down.

Good Quality Shortbred Heifers: 700.00 to 1300.00.

Good Quality Springing & Recently Fresh Cows: 850.00 to 1800.00.

Good Bred Back Milking Cows: 850.00 to 1800.00.

Plain Quality & Common Cows: 500.00 to 800.00.

Dehorned & Vaccinated Open Heifers, 350-550 lbs: 90.00 to 130.00/lb.

Dehorned & Vaccinated Open Heifers, 550-750 lbs: 90.00 to 120.00/lb.

Dehorned & Vaccinated Open Heifers, 750-950 lbs: 90.00 to 120.00/lb.

Finished Beef Steers: 157.50-170.00; Mixed Grading: 105.00-157.00.

Finished Beef Heifers: 157.00-170.50; Mixed Grading:102.00-156.00.

Finished Dairy Steers: 135.00-148.50; Silage Fed, Heavyweight, Select Grade, Lightweight: 121.00-134.00.

Mostly 79.00-116.00; Thin/shelly/full/overfed cows: 78.00 & down; Market Bulls: 91.00-115.00.

Bred Beef Cows & Heifers: Up to 1300.00; cow/calf pairs: N/A.

Calves: 95-125 lbs: 180.00-320.00; 150-250 lbs: 85.00-200.00; Beef Calves: 250.00-410.00; Lighter, Weaker, Younger Calves: 175.00 & down.

Beef Steers: under 600 lbs: Up to 163.00/cwt; 600-800 lbs: Up to 153.00/cwt; 800-1000 lbs: Up to 150.00/cwt; Beef Heifers: 350-600 lbs: Up to 147.50/cwt; 600-800 lbs: UP to 156.00/cwt; 800-1000 lbs: Up to 143.00/cwt.

Holstein Steers: under 400 lbs: Up to 157.50/cwt; 400-600 lbs: Up to 161.00/cwt; 600-800 lbs: Up to 133.50/cwt; 800-1000 lbs: UP to 114.00/cwt.

Compared to last week: Not enough comparable Current FOB trades this week for a trend. Demand moderate. Supply included: 100% Feeder Cattle (25.9% Steers, 74.1% Heifers). Feeder cattle supply over 600 lbs was 100%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 2-3% shrink or equivalent, with up to a 15 cent slide > 600 lbs. Livestock reported this week originated from KY.

Bucks & Ewes: .70.00-1.20/lb.; Choice Lambs: N/A.; Feeding Lambs: 2.35-3.00/lb.

Johnson Creek Equity Market: Mar. 13, 2023

Lambs: Over 100 lbs: 110.00-160.00; Under 100 lbs: 120.00-260.00; Ewes: 60.00-150.00; Bucks: 60.00-140.00.

As of 02/25/2023: Finished Market Lambs: 130.00-160.00; Feeder Lambs: Under 65 lbs: 175.00-325.00; 70-100 lbs: 160.00-225.00; Ewes: 80.00-110.00; Rams: 70.00-110.00.

As of 02/01/23: Finished Market Lambs: No test; Feeder Lambs: 2.10-2.25/lb.; Cull Ewes: No test; Cull Rams: 1.10-1.45/lb.

As of 03/15/23: Feeder Lambs: 60.00-80.00; Market Lambs: 120.00-150.00; Cull Ewes: 60.00-69.00; Cull Rams: 50.00-55.00.

Central Livestock, Zumbrota, MN: Mar. 21, 2023

Feeder Lambs: 50-70 lbs: 220.00-380.00; 70-90 lbs: 205.00-260.00; Over 90 lbs: 170.00-205.00.

Fed Lambs 120-155 lbs: Selects: N/A; Unshorn Lambs: 140.00-159.00; Shorn Lambs: 140.00-160.00.

Utility & Good Ewes: 75.00-100.00 Thin & Cull Ewes: 75.00 & down; Yearling Ewes: N/A.

Slaughter Kids (Dairy): 2.50-3.40/lb

Slaughter Kids (Boer): 4.00-5.00/lb

Johnson Creek Equity Market: Mar. 13, 2023

Young Goats over 80 lbs: 200.00 & down.

Young Goats 60-80 lbs: 200.00 & down.

Young Goats under 60 lbs: 170.00 & down.

As of 02/21/23: Goats sell by the head.

Dairy Goats 40-70 lbs: 75.00-150.00

Meat Goats 40-70 lbs: No test.

Meat Goats over 70 lbs: No test.

Compared to last week: Early weaned pigs are 5.00 per head lower, and feeder pigs are steady. Demand is light for moderate offerings.

Feeder Pigs: 40-80 lbs: Call for availability.

Hogs: Heavy Sows: 56.00-58.00; Light Sows: 52.00-55.00; Boars: 15.00; Butcher Hogs: 65.00-80.00.

Johnson Creek Equity Market: Mar. 13, 2023

Butchers over 250 lbs: 45.00-80.00; Light Sows: 35.00-55.00; Heavy Sows: 35.00-55.00; Boars: 10.00-15.00; Feeder Pigs: 10.00-40.00.

Butchers: 55.00-60.00; Sows: 55.00-60.00; Boars: 20.00-25.00; Slaughter Pigs: No test; Feeder Pigs, 25-35 lbs: 15.00-25.00/hd.; 45-55 lbs: 40.00-55.00/hd; 60-70 lbs: 55.00/hd.; 70-80 lbs: 55.00-60.00/hd.

Central Livestock, Zumbrota, MN: Mar. 21, 2023

Feeder Pigs: Up to 50 lbs: 25.00-115.00/hd; 50-60 lbs: 40.00-120.00/hd; 60-80 lbs: 75.00-140.50/hd; 80-100 lbs: 75.00-140.00/hd; 100-120 lbs: N/A.

Midwest delivered prices are steady. Producer prices are 3 cents higher for Large, 1 cent higher on Medium, 2 cents higher on Small. The undertone is firm. Demand is in a full range. Offerings are light. Supplies are moderate. The Midwest shell egg inventory increased 4.0% compared to a week ago. Market activity is moderate to active.

Extra Large: 3.33-3.35; Large: 3.31-3.33; Medium: 2.93-2.95

Large Square Hay: 135.00-180.00/ton; Lg. Round Dairy Quality Hay: 100.00-115.00/ton; Sm. Square Hay: 3.00-4.50/bale; Dry Cow/Beef Cow Hay: 70.00-95.00/ton; Large Square Straw: 35.00-45.00/bale; Corn Fodder: 42.50-47.50/bale.

Small Squares Hay: 2.00-4.00/bale; Large Squares Hay Alfalfa: 60.00-90.00/bale; Large Squares Mix: 40.00-65.00/bale; Large Square Grass: 30.00-45.00/bale; Large Rounds Alfalfa Quality: 50.00-60.00/bale; Large Rounds Mix: 40.00-50.00/bale; Large Rounds Grass: 30.00-40.00/bale; Small Wheat Straw: 1.00-3.00/bale.

Sale first and third Tuesday each month:

Large Square Grass Mix: 50.00-59.00/bale.

Large Square Hay Bales, 2nd and 3rd Crop Alfalfa: 60.00-65.00/bale.

Large Square Bales, Rye Straw: 40.00-45.00/bale.

Sm. Round Bales, Grass: 20.00-25.00/bale.

Alfalfa Rounds, 2nd & 3rd Crop: 55.00-60.00/bale.

Small Square Straw Bales: No test.

Small Square Hay Bales: 2.75-3.25/bale.

Tim Slack Auction & Realty, Hay & Bedding Report: Mar. 22, 2023

Hay, lg. Square: Premium: 190.00/ton; Good: 145.00-175.00/bale; Fair: 80.00/ton; Sm. Square:Good: 2.50/bale. Hay, lg. Round: Good: 65.00-130.00/ton; Fair: 55.00/ton.

Straw, lg. square: Good: 40.00-53.00/bale; Sm. square: Good, 3.75/bale.

Grass, lg. square: 145.00/ton; lg. Round, Good: 80.00/ton.

High Quality 1st Crop Hay: 110.00-160.00/ton; Low Quality: 100.00/ton & down; High Quality 2nd & 3rd Crop Hay: 125.00-185.00/ton; Low Quality: 132.00/ton & down; High Quality Straw: 125.00-145.00; Low Quality Straw: 115.00/ton; Baleage: 30.00-50.00/ton.

Weekly Animal Feed, Central U.S.: Mar. 16, 2023

The price range of Central region dry whey contracted, as the bottom of the mostly moved higher. Marketers' views on dry whey vary, but processors and end users suggest regional supplies are somewhat snug. Demand is not necessarily hearty, but end users report their bids in the high $.30s are not getting traction. End users also say they are still buying more on a necessity basis, as expectations are mixed on near-term availability, as some contacts suggest Western suppliers are not as tight as their Midwestern counterparts. Feed whey prices increased on both sides of the range. Dry whey market tones are uncertain, as bears and bulls are somewhat at a stalemate.

BUTTER: Grade AA closed at $2.4000. The weekly average for Grade AA is $2.3880 (+0.0510).

CHEESE: Barrels closed at $1.9600 and 40# blocks at $1.9975. The weekly average for barrels is $1.8740 (+0.1725) and blocks, $1.9290 (+0.0965).

CHEESE HIGHLIGHTS: Milk supplies are readily available across the country, and contacts in the Midwest continue to report spot loads of milk being traded for $10 or more under Class III. In the Midwest, some cheesemakers who process cheddar and Italian style cheese are, reportedly, concerned their production capacity is not enough to build inventories for summer and fall. Cheese sales are hearty in the Midwest, and stakeholders in the Northeast note steady demand for cheese from retail and food service customers.

BUTTER HIGHLIGHTS: Cream volumes have begun to tighten in the East and Central regions amid strengthening demand from cream cheese and ice cream makers. Demand for butter varies from region to region: in the Central region, contacts note strengthening demand ahead of spring holidays, particularly to retail customers.

FLUID MILK HIGHLIGHTS: Fluid milk production levels appear steady across the country, as milk producers in some regions continue to see favorable weather conditions. Mild spring conditions in parts of the Midwest and Mid-Atlantic are advancing early-stage spring flush-like output. Class I demand is steady to lighter in the West region, although the processing capacity tightened with regional flooding in Northern California that led to downtime at some bottling facilities. Class I demand is at seasonal projected levels in the Midwest region, while steady in the East region.