Agriculture price trends

Published 1:20 pm Sunday, January 21, 2024

Virginia Market News Service reported the following weekly ag trends on January 12: In Virginia, in comparison to pre-holiday prices, state graded feeder cattle mostly 3.00 to 23.00 higher. Feeder cattle at regular auction sales 7.00 to 43.00 higher. Slaughter cows steady to 24.00 higher. In comparison to last week, Wheat .10 lower, new crop .07 lower. Corn mostly .09 lower, new crop mostly .09 lower. Soybeans mostly .31 lower, new crop .14 lower.

STATE GRADED FEEDER STEERS, MEDIUM AND LARGE

400-500 lbs 215.00-276.00, average 249.42

500-600 lbs 192.50-269.00, average 246.20

600-700 lbs 177.00-263.00, average 238.97

700-800 lbs 117.50-245.00, average 225.40

STATE GRADED FEEDER HEIFERS, MEDIUM AND LARGE

400-500 lbs 170.00-227.00, average 197.98

500-600 lbs 87.50-230.00, average 202.38

600-700 lbs 120.00-216.00, average 190.65

700-800 lbs 100.00-189.00, average 171.84

SLAUGHTER COWS

Boning, 800-1200 lbs, 70.00-105.00, average 90.96

Breakers, 1200-1600 lbs, 82.00-125.00, average 97.29

WHEAT

Eastern Shore new crop 5.30; Middle Peninsula 5.24; Norfolk new crop 5.75; Roanoke 6.14, new crop 6.65

CORN

Eastern Shore 4.48, new crop 4.85; Harrisonburg 5.15-5.38; Middle Peninsula 3.78; Norfolk 4.38-4.68, new crop 5.00; Richmond-Petersburg new crop 4.95; Wakefield 4.23, new crop 5.00-5.20

SOYBEANS

Eastern Shore 11.87-11.97, new crop 11.37-11.47; Harrisonburg 11.35; Middle Peninsula 11.87; Norfolk 12.11-12.47, new crop 12.17; Richmond-Petersburg 11.97; Wakefield 11.92-12.32, new crop 11.57-11.97

Livestock prices per hundredweight; grain prices per bushel.