Ag trends announced: Week of June 16, 2023

Published 5:00 pm Thursday, June 22, 2023

Virginia Market News Service reported the following weekly ag trends on June 16: State graded feeder cattle mostly steady to 7.00 higher with instances up to 20.00 higher. Feeder cattle at regular auction sales uneven, 8.00 lower to 2.00 higher. Slaughter cows mostly 2.00 to 4.00 lower with lean 2.00 to 9.00 higher. Wheat .34 to .36 higher. Corn mostly .13 to .31 higher, new crop .42 higher. Soybeans .65 to 1.03 higher, new crop 1.03 higher.

SLAUGHTER COWS

Boning, 800-1200 lbs, 61.00-105.00, average 92.66

Breakers, 1200-1600 lbs, 75.00-108.00, average 95.48

STATE GRADED FEEDER STEERS, MEDIUM AND LARGE

400-500 lbs 167.50- 275.00, average 251.11

500-600 lbs 175.00- 273.00, average 252.32

600-700 lbs 137.50- 284.00, average 240.81

700-800 lbs 170.00- 283.00, average 233.10

STATE GRADED FEEDER HEIFERS, MEDIUM AND LARGE

400-500 lbs 142.00- 238.00, average 228.09

500-600 lbs 159.00- 240.00, average 218.87

600-700 lbs 160.00- 234.00, average 206.28

700-800 lbs 164.00- 194.00, average 185.04

WHEAT

Eastern Shore new crop 5.72; Middle Peninsula 6.47; Norfolk 6.33; Roanoke 6.87; Wakefield 6.37

CORN

Eastern Shore 6.08, new crop 5.80; Harrisonburg 7.05-7.20, new crop 6.45-6.55; Middle Peninsula 6.23, new crop 5.45; Norfolk 6.63, new crop 5.66-6.05; Richmond-Petersburg new crop 5.65; Wakefield 6.10-6.23, new crop 5.95-6.10

SOYBEANS

Eastern Shore 13.98- 14.08, new crop 12.42- 12.52; Harrisonburg 13.52; Middle Peninsula 14.33, new crop 12.42; Norfolk 14.62, new crop 12.82-13.02; Richmond-Petersburg 14.03, new crop 12.62-12.87; Wakefield 14.32-14.42, new crop 12.82-12.92

Livestock prices per hundredweight; grain prices per bushel.