Corn, soybean prices spike in latest sales

Virginia Market News Service reported the following weekly ag trends on May 3: In Virginia, state graded feeder cattle mostly 1.00 to 7.00 higher. Feeder cattle at regular auction sales mostly steady to 5.00 higher. Slaughter cows uneven, ranging 1.00 lower to 6.00 higher. Wheat new crop .17 lower. Corn steady to .34 higher, new crop .04 higher. Soybeans .25 to .56 higher, new crop .12 higher.

SLAUGHTER COWS

Boning, 800-1200 lbs, 88.00-119.00, average 110.34

Breakers, 1200-1600 lbs, 105.00-127.00, average 116.28

STATE GRADED FEEDER STEERS, MEDIUM AND LARGE

400-500 lbs 273.00-335.00, average 320.09

500-600 lbs 259.00-320.00, average 298.54

600-700 lbs 245.00-281.00, average 270.07

700-800 lbs 220.00-245.00, average 238.32

STATE GRADED FEEDER HEIFERS, MEDIUM AND LARGE

400-500 lbs 236.00-268.00, average 258.70

500-600 lbs 202.00-254.25, average 247.94

600-700 lbs 130.00-245.00, average 235.44

700-800 lbs 146.00-225.00, average 215.18

WHEAT

Eastern Shore new crop 5.19; Norfolk new crop 5.54; Roanoke 5.99, new crop 6.44

CORN

Eastern Shore new crop 4.70-4.80; Harrisonburg 5.05-5.30, new crop 5.50; Norfolk 4.32-4.70, new crop 4.90; Richmond-Petersburg new crop 4.75; Wakefield 4.30, new crop 4.85-5.00

SOYBEANS

Eastern Shore 11.54-11.64, new crop 11.28-11.38; Harrisonburg 10.50; Norfolk 11.99, new crop 11.98; Richmond-Petersburg new crop 11.48; Wakefield 11.74, new crop 11.58-11.78

Livestock prices per hundredweight; grain prices per bushel.

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