Cattle & Crops Market Report for Sept. 14

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

IN VIRGINIA, state graded feeder cattle uneven, ranging 5.00 lower to 5.00 higher. Feeder cattle at regular auction sales mostly steady to 2.00 higher.

Slaughter cows steady to 2.00 lower. Slaughter bulls steady to 2.00 lower.

Wheat mostly .05 lower, new crop .02 lower.

Corn mostly .06 to .11 higher, new crop .11 higher.

Soybeans mostly .11 to .12 higher, new crop mostly .11 to .12 higher.

Barley steady.

Milo .11 higher.

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IN THE NATION, feeder cattle uneven, 2.00 lower to 2.00 higher.

Slaughter cattle live basis mostly 2.00 lower at 100.00 to 102.00; dressed basis sales mostly 2.00 to 3.00 lower at 160.00 to 161.00. Slaughter cows uneven, mostly 2.00 lower to 2.00 higher. Slaughter bulls uneven, mostly 3.00 lower to 2.00 higher.

Slaughter lambs mostly steady to 15.00 higher. Feeder lambs mostly steady to 25.00 higher.

Hogs carcass basis 8.51 higher.

Wheat mostly .01 to .05 lower.

Corn mostly .11 to .15 higher.

Soybeans mostly .12 to .18 higher.

Cotton .0006 lower per pound in the Southeast.

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September grain production forecast down from August predictions

Corn production for grain is forecast at 14.9 billion bushels, down 2 percent from the previous forecast but up 9 percent from 2019. Based on conditions on September 1, yields are expected to average a record high 178.5 bushels per harvested acre, down 3.3 bushels from the previous forecast but up 11.1 bushels from last year.

Area harvested for grain is forecast at 83.5 million acres, down 1 percent from the previous forecast but up 3 percent from the previous year.

Soybean production for beans is forecast at 4.31 billion bushels, down 3 percent from the previous forecast but up 21 percent from last year. Based on conditions as of September 1, yields are expected to average a record high 51.9 bushels per harvested acre, down 1.4 bushels from the previous forecast but up 4.5 bushels from 2019.

Area harvested for beans in the United States is forecast at 83 million acres, unchanged from the previous forecast but up 11 percent from 2019.

All cotton production is forecast at 17.1 million 480-pound bales, down 6 percent from the previous forecast and down 14 percent from 2019. Based on conditions as of September 1, yields are expected to average a record high 910 pounds per harvested acre, down 28 pounds from the previous forecast but up 87 pounds from 2019.

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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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