Ag trends announced: week of May 12, 2023

Published 5:00 pm Wednesday, May 17, 2023

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Virginia Market News Service reported the following weekly ag trends on May 12:

In Virginia, state graded feeder cattle mostly steady to 6.00 lower. Feeder cattle at regular auction sales uneven, mostly 7.00 lower to 4.00 higher. Slaughter cows mostly steady to 5.00 lower. Wheat .18 to .25 lower, new crop .18 lower. Corn mostly .07 lower, new crop .15 lower. Soybeans mostly .12 lower, new crop .21 lower.

STATE GRADED FEEDER STEERS, MEDIUM AND LARGE

400-500 lbs 207.50- 269.00, average 240.09

500-600 lbs 191.00- 264.00, average 236.51

600-700 lbs 177.50- 239.00, average 220.51

700-800 lbs 165.00- 225.00, average 216.24

STATE GRADED FEEDER HEIFERS, MEDIUM AND LARGE

400-500 lbs 120.00- 215.00, average 203.20

500-600 lbs 161.00- 208.50, average 197.05

600-700 lbs 150.00- 189.00, average 176.73

700-800 lbs 154.00- 175.00, average 154.56

WHEAT

Eastern Shore new crop 5.37; Middle Peninsula 6.12, new crop 6.12; Norfolk 5.77, new crop 5.89; Roanoke 6.22, new crop 6.52; Wakefield new crop 5.77

CORN

Eastern Shore 5.67, new crop 5.19; Harrisonburg 6.52-6.82, new crop 5.84-5.94; Middle Peninsula 5.82, new crop 4.84; Norfolk 6.02, new crop 5.05-5.44; Richmond-Petersburg new crop 5.04; Wakefield 5.49-5.82, new crop 5.34-5.49

SOYBEANS

Eastern Shore 13.76- 13.86, new crop 11.98- 12.08; Harrisonburg 13.35; Middle Peninsula 14.11, new crop 11.98; Norfolk 14.41, new crop 12.38-12.58; Richmond-Petersburg new crop 12.18-12.43; Wakefield 13.91-14.16, new crop 12.38

Livestock prices per hundredweight; grain prices per bushel.