Feeder cattle prices spike, wheat and corn fall
Published 5:03 pm Wednesday, February 21, 2024
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Virginia Market News Service reported the following weekly ag trends on Feb. 16:
In Virginia, state graded feeder cattle mostly 1.00 to 9.00 higher. Feeder cattle at regular auction sales uneven, with steers trending 1.00 to 12.00 higher and heifers 8.00 to 13.00 lower. Slaughter cows uneven, ranging 4.00 lower to 8.00 higher. Wheat new crop .27 lower. Corn .07 to .20 lower, new crop .15 to .20 lower. Soybeans mostly .32 lower, new crop .32 lower.
STATE GRADED FEEDER STEERS, MEDIUM AND LARGE
400-500 lbs 247.00-312.00, average 298.58
500-600 lbs 225.00-313.00, average 283.00
600-700 lbs 207.50-276.00, average 261.00
700-800 lbs 170.00-246.00, average 241.56
STATE GRADED FEEDER HEIFERS, MEDIUM AND LARGE
400-500 lbs 162.00-255.00, average 242.32
500-600 lbs 192.50-240.00, average 231.45
600-700 lbs 170.00-235.00, average 208.37
700-800 lbs 169.00-213.00, average 197.08
SLAUGHTER COWS
Boning, 800-1200 lbs, 69.00-110.00, average 97.23
Breakers, 1200-1600 lbs, 90.00-117.00, average 102.89
WHEAT
Eastern Shore new crop 4.75; Norfolk new crop 5.20; Roanoke 5.77, new crop 6.10
CORN
Eastern Shore 4.08, new crop 4.52; Harrisonburg 4.88-4.90; Norfolk 3.98-4.43, new crop 4.67; Richmond-Petersburg 3.83, new crop 4.57; Wakefield new crop 4.67-4.82
SOYBEANS
Eastern Shore 11.12-11.22, new crop 10.71-10.81; Harrisonburg 10.85; Norfolk 11.72, new crop 11.51; Richmond-Petersburg 11.22, new crop 11.01; Wakefield 11.17, new crop 10.91-11.31
Livestock prices per hundredweight; grain prices per bushel.