Corn prices spike, while cows are uneven

Virginia Market News Service reported the following weekly ag trends on May 24: In Virginia, state graded feeder cattle uneven, with heavy cattle trending mostly 4.00 to 10.00 lower and light cattle trending 3.00 to 10.00 higher. Feeder cattle at regular auction sales mostly 1.00 to 8.00 lower. Slaughter cows uneven, ranging 6.00 lower to 8.00 higher. Wheat .35 higher, new crop mostly .35 higher. Corn mostly .07 higher, new crop mostly .05 higher. Soybeans mostly .23 higher, new crop mostly .17 higher.

STATE GRADED FEEDER STEERS, MEDIUM AND LARGE

400-500 lbs 305.00-350.00, average 330.85

500-600 lbs 210.00-335.00, average 306.04

600-700 lbs 247.50-311.00, average 281.81

700-800 lbs 145.00-262.00, average 244.11

STATE GRADED FEEDER HEIFERS, MEDIUM AND LARGE

400-500 lbs 230.00-289.00, average 269.51

500-600 lbs 225.00-265.00, average 255.75

600-700 lbs 180.00-247.00, average 236.14

700-800 lbs 165.00-233.00, average 223.88

SLAUGHTER COWS

Boning, 800-1200 lbs, 90.00-132.00, average 113.28

Breakers, 1200-1600 lbs, 108.00-144.00, average 127.43

WHEAT

Eastern Shore 5.88, new crop 5.88-5.98; Norfolk new crop 6.48; Roanoke 6.93, new crop 7.38; Wakefield new crop 6.58

CORN

Eastern Shore 4.54, new crop 4.77-4.87; Harrisonburg 5.10-5.39, new crop 5.57; Norfolk 4.74, new crop 4.62-4.97; Richmond-Petersburg 4.34, new crop 4.82.; Wakefield 4.34, new crop 4.92-5.07

SOYBEANS

Eastern Shore 11.94-12.04, new crop 11.56-11.66; Harrisonburg 11.25; Norfolk 12.39, new crop 11.91-12.26; Richmond-Petersburg 12.49, new crop 11.76; Wakefield 12.14, new crop 11.86-12.06

Livestock prices per hundredweight; grain prices per bushel.

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