P. O. Box 19281; Springfield, IL 62794-9281, Illinois Toll Free 888-458-4787 Phone 217-782-4925 FAX 217-785-5708
Illinois & Eastern Cornbelt Livestock & Grain Weekly Summary for Nov 09, 2012
Eastern Cornbelt barrows and gilts traded 0.97 higher on a carcass basis compared to last Friday. Plant
delivered carcass base price was 69.00-86.50 with a weighted average of 79.10. Illinois direct barrows and
gilts compared to last week traded steady to 2.00 lower at 53.00-57.00. The pork carcass cutout value was
1.30 higher at 86.96. Estimated slaughter receipts under Federal Inspection through the first four days of the
week were at 1,738,000 compared with 1,711,000 last week and 1,729,000 last year.
IL Direct sows traded mostly 2.00 to 4.00 higher, with good demand for moderate offerings. Packer
demand remained good this week helping to keep sow prices moving up. Receipts this week totaled
4,121 head, compared to 4,293 head last week and 3,774 head one year ago. Illinois direct barrows
and gilts ended 2.00 lower for the week.
Sow prices ending the week at: US grade 1-3: 300-400 lbs 48.00-52.00; 400-500 lbs 49.00-54.00; 500-550
lbs 55.00-58.00; over 550 lbs 57.00-62.00. Boars: under 300 lbs 30.00-36.00; over 300 lbs 10.00-16.00
At the Illinois auctions which are covered Fairview Livestock Barn, Greenville Livestock, United
Producers/Shelbyville, Schuyler Livestock Sales/Rushville, and Walnut Livestock Sales.
Receipts 5,192 Last Week 1,978 Last Year 6,747
Slaughter Steers Choice 2-3 120.00-127.50, Steady
Slaughter Holstein Steers Choice 2-3 111.00-118.00, Steady to 1.00 lower
Slaughter Heifers Choice 2-3 119.00-126.75, 0.50 to 1.00 lower
Carthage Feeder Cattle Sale at Carthage 11/01/12. Receipts: 1080. Trade was active with good demand,
especially for the cattle that had been weaned and had two rounds of vaccinations.
Feeder steers: Medium and Large 1: 450-550 lbs 155.00-164.00, fancy 169.50-173.00; 550-700 lbs 131.50148.75, fancy 152.50-155.00.
Feeder heifers: Medium and Large 1: 400-600 lbs 136.00-150.00, fancy 157.50-165.00;600-700 lbs 133.00142.00.
http://www.ams.usda.gov/mnreports/gx_ls750.txt
Fairview Sale Barn, at Fairview 11/06/12. Receipts: 431. Compared to last week, slaughter steers and
heifers traded steady. Slaughter cows and bulls sold 2.00 3.00 higher. Trade was active with good demand,
especially on high quality slaughter steers and heifers offered today.
Slaughter steers Choice 2-3: 120.00-127.00.
Slaughter heifers: Choice 2-3: 120.00-126.25.
http://www.ams.usda.gov/mnreports/gx_ls147.txt
Special Feeder Cattle Sale at Fairview 11/08/12. Receipts: 980 Trade was active with very good demand,
especially for cattle that had been weaned and had at least two rounds of vaccinations.
Feeder steers: Medium and Large 1: 400-500 lbs 160.00-180.50, Fancy 183.50-191.50; 500-600 lbs 141.00157.00, fancy 166.00-174.00; 600-700 lbs 130.00-146.00, Fancy 1143.00-154.00.
Feeder heifers: Medium and Large 1: 400-500 lbs 140.00-150.00, Fancy 150.00-156.00; 500-600 lbs 136.00153.00; 600-700 lbs 129.00-131.00.
http://www.ams.usda.gov/mnreports/gx_ls146xt
United Producers Auction at Shelbyville 11/06/12. Receipts: 452. Compared to last week, slaughter steers
and heifers traded steady to 0.50 higher. Slaughter Holstein steers traded .50 higher. Slaughter cows traded
steady. Slaughter bulls sold 3.00 higher. Feeder cattle sold unevenly steady.
Slaughter steers Choice 2-3:
122.00-127.00.
Slaughter Holstein steers Choice 2-3: 113.25-118.00.
Slaughter heifers: Choice 2-3:
121.00-126.75.
http://www.ams.usda.gov/mnreports/gx_ls139.txt
Greenville Livestock Auction, Inc. at Greenville 11/08/12. Receipts: 653. Compared to last week, slaughter
steers and heifers sold steady to 1.00 lower. Slaughter Holstein steers sold 1.50 lower. Slaughter cows and
bulls both sold steady. Feeder cattle were traded unevenly steady in a light test
Slaughter steers: Choice 2-3:
120.00-122.00.
Slaughter Holstein steers: Choice 2-3: 110.50-114.00.
Slaughter heifers: Choice 2-3:
120.00-122.00.
http://www.ams.usda.gov/mnreports/gx_ls140.txt
Special Feeder Cattle Sale at Greenville 11/03/12. Receipts: 1901 Large offering, trade active with good
demand, especially for uniform groups on complete health programs.
Feeder steers: Medium and Large 1: 400-500 lbs 163.00-174.00; 500-600 lbs 152.00-165.00, value added
161.00-171.00; 600-700 lbs 145.00-150.00, value added 160.00; 700-800 lbs value added 135.00-145.00
Feeder heifers: Medium and Large 1: 400-500 lbs 143.00-152.00, value added 154.00-158.00; 500-600 lbs
128.00-133.00, value added 141.00-147.00; 600-700 lbs 116.00-125.00, value added 134.00-134.50; 700-800
lbs value added 135.00-141.00
http://www.ams.usda.gov/mnreports/gx_ls133.txt
Schuyler Livestock Sales at Rushville, IL 11/07/12. Auction not covered due to reporters absence.
http://www.ams.usda.gov/mnreports/gx_ls138.txt
Walnut Livestock Sales, Inc. at Walnut, IL 11/09/12. Receipts: 327. Compared to last week, slaughter steers
and heifers traded 2.00 to 3.00 lower. Slaughter Holstein steers sold 6.00 lower. Slaughter cows traded steady
to 2.00 lower. Slaughter bulls not reported last week. Trade was active and demand moderate.
Slaughter steers: Choice 2-3:
120.50-125.25.
Slaughter Holstein steers: Choice 2-3: 106.00-112.50.
Slaughter heifers: Choice 2-3:
119.00-124.00.
http://www.ams.usda.gov/mnreports/gx_ls141.txt
Hamilton's Madison County Ag Hay Auction at Bethalto, IL will resume December 1, 2012.
Arthur Sale Barn Weekly Hay Report-Arthur, IL 11/05/12. Receipts: 1434 bales (48.39 tons).
Compared to last week, small squares of hay traded mostly 1.00 to 1.50 lower, with wheat straw .50 higher.
Trading was moderate, with moderate demand, for moderate offerings. All prices are noted as dollars per bale.
Alfalfa, Premium Quality Small Squares sold at 6.00-6.50; Good Quality Small Squares traded at 4.00-5.75;
Utility Quality Small Squares at 2.50. Alfalfa-Orchard Grass, Premium Quality Small Squares sold at 7.50.
Mixed Grass, Good Quality Small Squares traded at 4.25-5.50; Fair Quality Small Squares at 3.25,
Large Rounds (5x5's) sold at 55.00-60.00. Oat Stubble, Utility Quality Large Squares (3x3's) sold at 27.00.
Wheat Straw, Good Quality Small Squares traded at 1.75-3.50, with Large Squares (3x3's) trading at 17.0021.00.
http://www.ams.usda.gov/mnreports/gx_gr312.txt
United Producers Inc. Weekly Hay Auction-Shelbyville, IL 11/06/12. Receipts: 79 bales (1.95 tons).
Compared to last week, grass hay sold 2.50 higher. Trading was active, with good demand for very light
offerings. Persistent rain showers before and during the auction limited offerings. All prices are for small
squares on a per bale basis unless otherwise noted. Mixed Grass, Good Quality sold at 6.00-7.25 per bale.
Reel's Weekly Hay Report-Congerville, IL 11/07/12. Receipts: 537 bales (22.99 tons).
Compared to last week, small squares of hay traded steady to 1.00 higher per bale. Large rounds traded
mostly steady. Trade was active and demand good on a lighter supply. All prices quoted per bale. Alfalfa,
Premium Quality Small Squares ranged from 6.25-6.50, with Large Rounds (5x6's) at 87.50. Alfalfa-Orchard
Grass Mix, Premium Quality Small Squares traded at 5.50-6.50, with Large Rounds (4x5) at 57.50. Mixed
Grass, Good Quality Large Rounds (5x5) at 65.00; Fair Quality Large Rounds (5x5)at 47.50. Wheat
Straw, Good Quality Small Squares sold at 2.40-3.00 per bale.
Illinois Production Cost Report (Bi-weekly) Thu, Nov 08, 2012
Production costs items state wide: cash prices bulk, FOB distributor, per ton unless otherwise stated. Fertilizer
in granular form unless noted.
Product
Offer
Average Change
Anhydrous ammonia
845.00-900.00 865.18 UP 12.29
Urea 46-0-0
525.00-600.00 565.00
UNCH
Liquid Nitrogen 28% spread
380.00-401.00 391.00
UNCH
DAP(Diammonium Phosphate 18%N 46%P)
600.00-665.00 629.77 UP 1.44
MAP (Monoammonium Phosphate 11%N 52%P) 620.00-688.00 656.60 DN 1.65
Potash (Potassium)
570.00-630.00 599.06 DN 0.10
Farm Diesel Fuel per gal <1000 gallons
3.48-3.80
3.67
DN 0.04
Illinois grains-Grain futures ended mixed at the Chicago Board of Trade, with wheat higher and corn and
soybeans moving lower. Many traders looked forward to the USDA’s crop report on Friday. Many wanted to
take profits on positions and head to the sidelines or bet the USDA would increase the size of the US soybean
crop and sell the market. Wheat futures would get a boost from stronger European prices and low crop
condition ratings from the southern plain states. Corn futures continue to get pressure from poor export sales
figures and export interest.
The size of the US corn and soybean crop increased from the October forecasts, in the USDA’s Crop
Production and Supply Demand reports released Friday morning. If you were one of those traders betting on a
larger soybean crop, you would have been correct. The US soybean crop was forecasted to be 2.971 billion
bushels in the November report, up from 2.86 billion in October. The average yield was up to 39.3 bushels per
acre, up from 37.8 in October. The size of the corn crop was also estimated to be a little bigger than the
October forecast. The US corn production was estimated at 10.725 billion bushels, up from 10.706 billion in
October. The average yield also received a boost from 122.0 bushels per acre in October to 122.3 bpa in the
November report. Ending stock estimates were also larger than the October forecast with soybeans at 140
million bushels, corn at 647 million and wheat at 704 million bushels.
The Illinois numbers for yield and production were also up in the November report. The average yield for corn
increased from 98 bushels per acre in October to 101 bpa in the November report that also would compare to
157 bpa last year. Corn production in Illinois this year was forecasted at 1.252 billion bushels. The average
soybean yield also went up in the November report. This month the average soybean yield was forecasted at
43 bpa, up from 39 bpa last month and compares to 48 bpa last year. Soybean production in Illinois was
forecasted to be 378.4 million bushels.
The drier weather last week helped farmers make good progress with soybean harvest. According to the
USDA’s Illinois Weather and Crops report, from the Illinois Field Office in Springfield, the Illinois corn harvest
had reached 98% complete, compared to 94% last week and 77% for the five year average. The soybean crop
was 96% harvested in the state of Illinois, compared to 87% last week and 87% for the five year average.
Wheat planting was 96% done, compared to 81% last week and 86% for the five year average. Our young
Illinois wheat crop was in much better shape than the crop in the southern plains. The Illinois crop placed 78%
in the good to excellent range, with 21% fair and only 1% rated poor.
The trading in the cash grain market was slow to moderate. Many grain merchandisers switched their spot
basis month from November (X) to January (F), so there will be no comparison on spot basis in many cases.
Cash basis was mixed for the week, but felt weaker than it was. The Central Illinois Soybean Processors cash
bids dropped 57 to 63 cents to 15.10-15.13, with basis at +14F to +17F. The Central Illinois Corn Processors
cash bids were down 10 cents ranging from 7.41-7.51, with basis steady ranging from option Z to +10Z. At the
Illinois River terminals south of Peoria, cash corn bids ended 7 to 13 cents lower ranging from 7.25-7.36, with
basis mixed at -16Z to -5Z. Cash soybean bids lost 63 to 64 cents at 14.96-15.02, with basis ranging from
option F to +6F. New crop wheat bids for delivery in July 2013 ended 18 to 21 cents higher ranging from 8.638.65, with basis steady to 3 cents higher at -32N to -30N. At the Illinois River terminals north of Peoria, cash
corn bids fell 5 cents to 7.28-7.31, with basis 5 cents higher at -13Z to -10Z. Cash soybean bids were down 55
cents to 14.94-14.98, with basis ranging from –2F to +2F. New crop wheat bids for July 2013 delivery gained
18 cents to range from 8.68-8.70, with basis steady at -27N to -25N. At the St. Louis terminals cash corn bids
were up 5 to 15 cents at 7.26-7.42, with soybeans down 42 to 52 cents ranging from 15.10-15.11. Cash bids for
Soft Red Winter wheat gained 37 cent to 8.90-8.91 and cash sorghum bids were 20 cents lower to range from
6.90-6.91.
In northern and western Illinois, cash corn bids to producers at country elevators were 6 to 13 cents lower at
7.23-7.33, with central Illinois locations down 10 to 14 cents at 7.31-7.48 and in southern Illinois bids lost 6 to
22 cents to range from 7.05-7.55. Cash soybean bids in northern and western locations were 62 to 64 cents
lower at 14.63-14.78 with central Illinois bids down 64 to 73 cents at 14.78-14.91 and southern Illinois bids fell
56 to 58 cents to range from 14.76-14.99. Cash wheat bids for Soft Red Winter wheat in southern Illinois
locations gained 44 to 49 cents to 8.85-9.03. New crop wheat bids for June-July delivery in southern Illinois
gained 18 to 19 cents to range from 8.39-8.66.
Central Illinois Average Price at Country Elevators
Corn
Soybeans
11/8/2012
Price
Basis
7.39½ -2½ Z
14.84½ -11F
11/1/2012
Price
Basis
7.51½ + ½ Z
15.53
-5½ X
October 2012
Price Basis
7.48 - 2Z
15.27 -12X
October 2011
Price Basis
6.23 - 9Z
11.87 -27X