Beef and commodity trends updated

Published 6:00 am Friday, June 4, 2021

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Virginia Market News Service reported the following weekly ag trends on May 28.

In Virginia, state graded feeder cattle mostly $1 to $3 higher. Feeder cattle at regular auction sales steady to $10 lower. Slaughter cows mostly $2 to $4 lower with lean cattle bringing $4 to $5 higher. Wheat one cent higher, new crop mostly once cent higher. Corn mostly steady, new crop three cents higher. Soybeans uneven, ranging four cents higher to 32 cents lower, new crop 10 cents higher.

State Graded Feeder Steers, Medium and Large 1

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400-500 lbs. $126-$152, average $148.15

500-600 lbs. $120- $162.50, average $154.55

600-700 lbs. $125- $150.25, average $145.37

700-800 lbs. $119.50- $138.50, average $130.89

State Graded Feeder Heifers, Medium and Large 1

400-500 lbs. $111- $133.50, average $129.39

500-600 lbs. $89- $126.50, average $124.95

600-700 lbs. $93-$121, average $117.14

700-800 lbs. $93- $116.50, average $108.70

Slaughter Cows

Boning, 800-1200 lbs. $43-$77, average $64.25

Breakers, 1200-1600 lbs. $62-$77, average $69.60

Wheat

Eastern Shore new crop $6.11-$6.31; Middle Peninsula $6.66, new crop $6.66; Norfolk new crop $6.76; Richmond-Petersburg new crop $6.41; Roanoke $7.01, new crop $7.01; Wakefield new crop $6.91.

Corn

Eastern Shore $6.90- $7.10, new crop $5.55; Harrisonburg $7.20- $7.45, new crop $6.15- $6.25; Middle Peninsula new crop $5.50; Norfolk new crop $5.45-$5.75; Richmond-Petersburg $6.90, new crop $5.90; Wakefield $6.95-$7.15, new crop $5.75-$6.15.

Soybeans

Eastern Shore $14.62- $15.37, new crop $13.18- $13.33; Harrisonburg $14.63, new crop $13.18; Middle Peninsula $15.82, new crop $13.48; $Norfolk $15.38, new crop $13.58-$13.88; Richmond-Petersburg $15.62, new crop $13.63-$13.68; Wakefield $15.47-$15.52, new crop $13.83.

Livestock prices per hundredweight; grain prices per bushel.