Nov 16, 2012

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 16, 2012
***THIS REPORT WILL NOT BE ISSUED FRIDAY NOVEMBER 23, 2012 IN OBSERVANCE OF THE
HOLIDAY***
Eastern Cornbelt barrows and gilts traded 6.25 lower on a carcass basis compared to last Friday. Plant
delivered carcass base price was 72.47-75.00 with a weighted average of 72.85. Illinois direct barrows and
gilts compared to last week traded 2.00 lower at 51.00-55.00. The pork carcass cutout value was 5.66 lower
at 81.30. Estimated slaughter receipts under Federal Inspection through the first four days of the week were
at 1,701,000 compared with 1,738,000 last week and 1,717,000 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 in spite of next week's holiday. Receipts this week totaled 5,158 head, compared to
4,121 head last week and 5,555 head one year ago. Illinois direct barrows and gilts ended steady to 2.00 lower
for the week.
Sow prices ending the week at: US grade 1-3: 300-400 lbs 53.00-55.00; 400-500 lbs 53.00-59.00; 500-550
lbs 57.00-60.00; over 550 lbs 58.00-65.00. Boars: under 300 lbs 30.00-35.00; 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 4,257 Last Week 5,192 Last Year 5,277
Slaughter Steers Choice 2-3
120.00-128.00, steady to 0.50 higher
Slaughter Holstein Steers Choice 2-3 110.00-115.00, 1.00 to 3.00 lower
Slaughter Heifers Choice 2-3
120.00-127.50, 1.00 higher
Carthage Feeder Cattle Sale at Carthage 11/15/12. Receipts: 1350. Trade was very active with very good
demand, especially on the large groups of reputation cattle. All the cattle that sold had been weaned at least 30
days and had at least one round of vaccinations. This was a very high quality offering of weaned cattle.
Feeder steers: Medium and Large 1: 400-450 lbs 190.00-198.00; 450-500 lbs 169.00-169.50, fancy 179.00188.75; 500-600 lbs 152.00-162.00, fancy 160.50-171.50; 600-700 lbs 140.00-153.50, fancy 152.00-159.00.
Feeder heifers: Medium and Large 1: 450-600 lbs 140.00-156.00, fancy 156.00-167.00; 600-700 lbs 130.00148.00, fancy 142.00-151.00.
http://www.ams.usda.gov/mnreports/gx_ls750.txt
Fairview Sale Barn, at Fairview 11/13/12. Receipts: 372. Compared to last week, slaughter steers and
heifers sold 1.00 to 2.00 higher. Slaughter cows and bulls sold steady. Trade was active with good demand.
Slaughter steers: Choice 2-3: 121.00-128.00.
Slaughter heifers: Choice 2-3: 121.50-128.50.
http://www.ams.usda.gov/mnreports/gx_ls147.txt
United Producers Auction at Shelbyville 11/13/12. Receipts: 443. Compared to last week, slaughter steers
and heifers traded steady to .50 lower. Slaughter Holstein steers traded 2.00 lower in a light test. Slaughter
cows traded 1.00 lower. Slaughter bulls sold 2.00 lower. Feeder cattle traded unevenly steady.
Slaughter steers: Choice 2-3:
120.25-126.00.
Slaughter Holstein steers: Choice 2-3: 112.75-115.00.
Slaughter heifers: Choice 2-3:
121.00-125.75.
http://www.ams.usda.gov/mnreports/gx_ls139.txt
Greenville Livestock Auction, Inc. at Greenville 11/14/12. Receipts: 566. Compared to last week, slaughter
steers and heifers traded 1.00 higher. Slaughter Holstein steers traded 2.00 lower in a light test. Slaughter
cows traded 1.00 lower. Slaughter bulls traded steady. Feeder cattle traded unevenly steady.
Slaughter steers: Choice 2-3:
120.00-125.00.
Slaughter Holstein steers: Choice 2-3: 110.00-112.00.
Slaughter heifers: Choice 2-3:
120.00-122.50.
http://www.ams.usda.gov/mnreports/gx_ls140.txt
Special Bred Cow Sale at Greenville 11/10/12. Receipts: 382. Special Bred Cow Sale included a large
dispersal of very fancy cows. Trade was active and demand very good. Bred cows: Large 1 Young: 1400.001800.00. Large 2 Young: 1600.00-2700.00. Large 2 Middle-Aged: 1050.00-2600.00.
http://www.ams.usda.gov/mnreports/gx_ls131.txt
Schuyler Livestock Sales at Rushville, IL 11/14/12. Receipts: 336. Compared to two weeks ago, slaughter
steers and heifers sold steady. Trade was active with good demand.
Slaughter steers: Choice 2-3: 124.75-130.00.
Slaughter heifers: Choice 2-3: 123.00-129.00.
http://www.ams.usda.gov/mnreports/gx_ls138.txt
Walnut Livestock Sales, Inc. at Walnut, IL 11/15/12. Receipts: 421. Compared to last week, slaughter
steers and heifers sold mixed with cattle under 1300 lbs trading steady and cattle over 1300 lbs selling 3.00
higher. Slaughter cows traded mostly steady to 1.00 higher. Slaughter bulls lightly tested. Trade was active and
demand good.
Slaughter steers: Choice 2-3: 120.00-127.75.
Slaughter heifers: Choice 2-3: 122.75-127.00.
http://www.ams.usda.gov/mnreports/gx_ls141.txt
Special Feeder Cattle Sale at Walnut 11/13/12. Receipts: 387. Small number of bred cows not reported.
About 50 percent of the feeder cattle offering had received at least one round of shots. Trade was active and
demand good on a light offering.
Feeder steers: Medium and Large 1-2: 130.00-139.00, value added 149.00-157.00.
Feeder heifers: Medium and Large 1-2: 135.00-143.00 value added.
http://www.ams.usda.gov/mnreports/gx_ls134.txt
Hamilton's Madison County Ag Hay Auction at Bethalto, IL will resume December 1, 2012.
Arthur Sale Barn Weekly Hay Report-Arthur, IL 11/12/12. Receipts: 691 bales (21.51 tons).
Compared to last week, small squares of alfalfa and alfalfa mixed hay traded 2.00 to 2.50 higher, with grass
hay 1.50 higher and wheat straw steady. Trading was moderate, with good demand, for light offerings.
All prices are noted as dollars per bale. Alfalfa, Premium Quality Small Squares traded from 10.00-10.25; Good
Quality Small Squares sold at 6.25, with Large Squares from 50.00-75.00; Fair Quality Small Squares sold at
4.50. Alfalfa-Mixed Grass, Good Quality Small Squares (dusty) sold at 6.25. Mixed Grass, Good Quality Small
Squares traded from 4.75-6.50; Fair Quality Small Squares sold at 3.50. Corn Stalks, Fair Quality Small
Squares traded from 2.00-3.75. Wheat Straw, Good Quality Small Squares ranged from 2.50-3.00.
http://www.ams.usda.gov/mnreports/gx_gr312.txt
United Producers Inc. Weekly Hay Auction-Shelbyville, IL 11/13/12. Receipts: 319 bales (7.74 tons).
Compared to last week, grass hay sold 1.50 lower. There was no alfalfa last week for comparison. Trading was
moderate, with moderate demand for moderate offerings. All prices are for small squares on a per bale basis
unless otherwise noted. Alfalfa, Good Quality sold at 4.75. Mixed Grass, Good Quality traded from 4.50-5.50.
Wheat Straw, Good Quality ranged from 2.50-3.50.
http://www.ams.usda.gov/mnreports/gx_gr311.txt
Reel's Weekly Hay Report-Congerville, IL 11/14/12. Receipts: 964 bales (44.07 tons).
Compared to last week, small squares of hay traded steady to .75 higher per bale. Large rounds sold mostly
6.00 to 8.00 higher per bale. Wheat straw sold .40 lower per small square. Trade was active and demand good
on a moderate supply. All prices quoted per bale. Alfalfa, Premium Quality Small Squares ranged from 5.757.00, with Large Rounds (5x6) at 95.00; Good Quality Small Squares sold at 5.75, with Large Rounds (4x5) at
70.00. Alfalfa-Orchard Grass, Premium Quality Small Squares traded from 6.50-7.00. Alfalfa-Mixed Grass,
Premium Quality Small Squares sold at 6.25; Good Quality Large Rounds (4x5) traded at 60.00. Orchard
Grass, Premium Quality Small Squares sold at 7.00; Good Quality Small Squares sold at 6.25. Mixed Grass,
Good Quality Large Rounds (5x5) traded from 57.50-60.00; Fair Quality Large Rounds (5x5) ranged from
50.00-55.00. Soybean Hay, Fair Quality Small Squares sold at 2.50. Wheat Straw, Good Quality Small Squares
traded from 2.20-2.50.
http://www.ams.usda.gov/mnreports/gx_gr314.txt
Illinois grains and soybean bids closed moderate to sharply lower. The grains opened Monday in a negative
tone following a bearish USDA report last Friday. Additional pressure for corn and soybeans came from
favorable weather in South America, along with economy worries and uncertainties compelling the markets.
The stock market was lower with crude oil having sharp losses and precious metals also lower. Chicago
December corn futures trended 20 cents lower at 7.21. January soybean futures closed .94 cents lower at
14.02. Soybean futures were sharply lower for the week in response early in the week from the bearish USDA
Supply and Demand Reports. However, some positive news from overnight export announcement and bullish
NOPA crush numbers limit the losses for soybeans. NOPA crush came in well above estimates at 153.54
million bushels as compared to 119.73 in September. Wheat also saw some support from lower winter wheat
crop ratings which came in at 36 percent good to excellent, down 3 percent from last week. Wheat was 45-50
cents lower. Corn was mostly 16-22 cents lower. Cash basis at Illinois River terminals started the week
higher, but ended lower on concerns of river closures or reduced traffic on the Mississippi River south of St
Louis. Lower water levels from the drought are blamed for the closure.
The trading in the cash grain market was slow. The Central Illinois Soybean Processors cash bids dropped 91
to 93 cents to 14.17 to 14.22, with basis 1 to 3 cents higher at +14F to +17F. The Central Illinois Corn
Processors cash bids were down 20 cents ranging from 7.21-7.31, with basis steady ranging from option Z to
+10Z. At the Illinois River terminals south of Peoria, cash corn bids ended 3 to 5 cents lower ranging from 7.227.31, with basis 15 to 20 cents higher at 1Z to 10Z. Cash soybean bids lost 88 to 91 cents at 14.05-14.14, with
basis 3 to 6 cents higher ranging from 3F to 12F. New crop wheat bids for delivery in July 2013 ended 40 to 41
cents lower ranging from 8.23-8.24, with basis steady to 1 cents higher at -31N to -30N. At the Illinois River
terminals north of Peoria, cash corn bids fell 8 to 9 cents to 7.09-7.23, with basis 2 to 13 cents higher at -12Z to
2Z. Cash soybean bids were down 96 to 97 cents to 13.97-14.02, with basis 2 to 3 cents lower ranging from
–5F to Opt F. New crop wheat bids for July 2013 delivery lost 41 cents to range from 8.28-8.30, with basis
steady at -27N to -25N. At the St. Louis terminals cash corn bids were steady to 34 cents lower at 6.92-7.42,
with soybeans down 84 cents ranging from 14.26-14.27. Cash bids for Soft Red Winter wheat lost 50 cents to
8.40-8.41 and cash sorghum bids were 9 cents lower to range from 6.81-6.82.
In northern and western Illinois, cash corn bids to producers at country elevators were 18 to 23 cents lower at
7.00-7.15, with central Illinois locations down 18 to 21 cents at 7.13-7.27 and in southern Illinois bids were
steady to 18 cents lower to range from 7.05-7.37. Cash soybean bids in northern and western locations were
90 to 93 cents lower at 13.70-13.88 with central Illinois bids down 94 cents at 13.84-13.97 and southern Illinois
bids fell 82 to 89 cents to range from 13.87-14.17. Cash wheat bids for Soft Red Winter wheat in southern
Illinois locations lost 60 to 62 cents to 8.25-8.41. New crop wheat bids for June-July delivery in southern Illinois
lost 39 to 41 cents to range from 8.00-8.25.
Central Illinois Average Price at Country Elevators
Corn
Soybeans
11/15/2012
11/8/2012
Price
Basis
Price
Basis
7.20
- 1Z
7.39½ + 2 ½ Z
13.90½ -11F 14.84½ -11 X
October 2012
Price Basis
7.48 - 2Z
15.27 -12X
October 2011
Price Basis
6.23 - 9Z
11.87 -27X