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Cattle & Crops Market Report for Oct. 5

October 5, 2020 Pagevalleynews 0

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

IN VIRGINIA, state graded feeder cattle mostly 2.00 to 5.00 lower.

Feeder cattle at regular auction sales 3.00 to 5.00 higher.

Slaughter cows mostly 1.00 to 2.00 lower.

Slaughter bulls mostly 2.00 to 3.00 lower.

Wheat mostly .20 higher, new crop .16 higher.

Corn mostly .14 to .19 higher.

Soybeans mostly .17 to .24 higher, new crop mostly .24 higher.

Barley mostly steady.

Milo .19 higher.

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IN THE NATION, feeder cattle uneven, ranging 2.00 lower to 2.00 higher. Demand is good for yearling cattle and light to moderate for young calves.

Slaughter cattle live basis mostly 2.00 higher at 106.00 to 108.00; dressed basis sales mostly 2.00 to 3.00 higher at 167.00 to 168.00.

Slaughter cows mostly 2.00 to 6.00 lower.

Slaughter bulls mostly 1.00 to 4.00 lower.

Slaughter lambs mostly steady to 15.00 higher.

Feeder lambs steady to 15.00 higher.

Hogs carcass basis 1.22 lower.

Wheat mostly .20 to .35 higher.

Corn mostly .14 to .24 higher.

Soybeans mostly .19 to .28 higher.

Cotton .0038 lower per pound in the Southeast.

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August red meat production up 1 percent from 2020

Commercial red meat production for the United States totaled 4.69 billion pounds in August, up 1 percent from the 4.65 billion pounds produced in August 2019.

Beef production, at 2.33 billion pounds, was 2 percent below the previous year. Cattle slaughter totaled 2.8 million head, down 4 percent from August 2019. The average live weight was up 27 pounds from the previous year at 1,365 pounds.

Veal production totaled 5 million pounds, 17 percent below August a year ago. Calf slaughter totaled 34,200 head, down 33 percent from August 2019. The average live weight was up 47 pounds from last year at 253 pounds.

Pork production totaled 2.34 billion pounds, up 4 percent from the previous year. Hog slaughter totaled 11.1 million head, up 2 percent from August 2019. The average live weight was up 3 pounds from the previous year at 282 pounds.

Lamb and mutton production, at 10.8 million pounds was down 15 percent from August 2019. Sheep slaughter totaled 174,800 head, 14 percent below last year. The average live weight was 123 pounds, down 3 pounds from
August a year ago.

January to August 2020 commercial red meat production was 36.3 billion pounds, up 1 percent from 2019. Accumulated beef production was down 1 percent from last year, veal was down 10 percent, pork was up 3 percent from last year lamb and mutton production

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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