Cattle & Crops Market Report for Oct. 26

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~ Provided by Virginia Department of Agriculture and Consumer Services, Division of Marketing

IN VIRGINIA, state graded feeder cattle mostly 1.00 to 4.00 lower. Feeder cattle at regular auction sales uneven, ranging 4.00 lower to 3.00 higher.

Slaughter cows mostly steady to 3.00 higher with lean cows steady to 2.00 lower. Slaughter bulls mostly 1.00 to 4.00 lower.

Wheat .05 higher, new crop .06 higher.

Corn mostly .12 higher.

Soybeans mostly .12 higher.

Milo .12 higher.

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IN THE NATION, feeder cattle 4.00 to 8.00 lower due to decreases in CME futures and a large supply of calves. Buyers stress the importance of preconditioning programs.

Slaughter cattle live basis 2.50 to 3.00 lower at 103.00 to 105.00; dressed basis sales mostly 4.00 lower at 163.00 to 165.00. Slaughter cows steady to 3.00 higher. Slaughter bulls uneven, 1.00 lower to 1.00 higher.

Slaughter lambs firm to 10.00 higher. Feeder lambs uneven, 10.00 lower to 20.00 higher.

Hogs carcass basis 2.58 lower.

Wheat mostly .05 to .06 higher.

Corn mostly .12 to .15 higher.

Soybeans mostly .12 to .18 higher.

Cotton .0162 higher per pound.

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For the FULL REPORT by Market News Service, including regional livestock markets around Virginia, visit http://www.vdacs.virginia.gov/pdf/cc.pdf

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