Weekly Market Report: July 26, 2022

Wisconsin State Farmer
Weekly Market Report Roundup

Weekly market report beginning the week of July 26, 2022. Data compiled from state and national market sources.

Cattle

Bonduel Equity Market: July 25, 2022

FED CATTLE: Steady.

High Yielding Choice Beef Steers & Heifers: 130.00 to 142.00.

Choice Beef Steers & Heifers: 130.00 & down.

High Yielding Choice Holstein Steers: 125.00 134.50.

Choice Holstein Steers: 100.00 to 124.00.

Unfinished Steers & Heifers: 99.00 & down.

CULL COWS: Steady

Higher 20% sold for: 85.00 to 95.50.

60% sold for: 73.00 to 84.00.

Lower 20% sold for: 72.00 & down.

CULL BULLS: Steady

Most Bulls: 90.00 to 98.00.

Thin, Full Bulls, over a ton discounted: 90.00 & down.

CALVES: Sold by the pound. Lower.

Holstein Bull Calves: 80.00 to 155.50.

Quality Holstein Heifer Calves: 20.00 & down.

Quality Beef Calves: 200.00 to 365.00.

Light & Poor Quality Calves: 100.00 & down, heavy discounts on light and poor quality.

FEEDER CATTLE: As of 07/21/22 sale.

Beef steers under 400 lbs: No test.

Beef steers 400-600 lbs: 124-140.00.

Beef steers 600-800 lbs: 108-140.00.

Beef steers over 800 lbs: 98-116.00.

Beef heifers under 400 lbs: No test.

Beef heifers 400-600 lbs: No test.

Beef heifers 600-800 lbs: No test.

Beef heifers over 800 lbs: No test.

Holstein steers up to 400 lbs: No test.

Holstein steers 400-600 lbs: No test.

Holstein steers 600-800 lbs: 100-108.00.

Holstein steers over 800 lbs: No test.

Johnson Creek Equity Market: July 25, 2022

FED CATTLE: Steady.

High Yielding Choice Beef Steers & Heifers: 120.00 to 138.00.

Choice Beef Steers & Heifers: 115.00 to 130.00.

High Yielding Choice Holstein Steers: 122.00 to 132.00.

Choice Holstein Steers: 108.00 to 118.00.

Select & Unfinished Cattle: 95.00 & down.

CULL COWS: Steady

20% sold for: 70.00 to 82.00.

60% sold for: 65.00 to 75.00.

Lower 20% sold for: 55.00 & down.

CULL BULLS: Steady.

Most Bulls: 75.00 to 85.00.

Thin & Full Bulls, discounted: 60.00 & down.

CALVES, sold by the pound: Steady

60% of Holstein Bull Calves: 80.00 to 150.00.

Quality Dairy Heifer Calves: 25.00 to 50.00.

Quality Beef Calves: 220.00 to 350.00.

Light & Poor Quality Calves: 50.00 & down.

Lomira Equity Market: July 25, 2022

FED CATTLE: Steady.

High Yielding Choice & Prime Beef Steers & Heifers: 138.00 to 141.00.

Choice Beef Steers & Heifers: 128.00 to 138.00.

Select, Low Yielding & Underfinished Beef Steers & Heifers: 122.00 & down.

X-bred Steers & Heifers: 129.00 to 138.00.

High Yielding Choice & Prime Holstein Steers: 131.00 to 135.00.

Choice Holstein Steers & Heifers: 123.00 to 129.00.

Low Yielding, Select & Underfinished Holstein Steers & Heifers: 90.00-122.00.

MARKET COWS: Steady

High Yielding Cows: 78.00 to 85.00.

Cutters & Utility: 52.00 to 77.00.

Canners & Shells: 30.00-52.00

MARKET BULLS: Steady

High Yielding Bulls: 85.00 to 105.00.

Thin, Light & Over-Conditioned Bulls: 80.00 & down.

CALVES (07/19/22 Auction): Sold by the pound.

Quality Holstein Bull Calves weighing 95-125 lbs: 130.00 to 180.00.

Light Weight Calves: 80.00 to 140.00.

Quality Holstein Heifer Calves: 40.00-70.00.

Quality Beef and X-bred Bulls & Heifer Calves: Heifers 150.00-280.00; Bulls 240.00-385.00.

Poor Quality Calves: 50.00 & down.

Altoona Equity Market: July 19, 2022

FED CATTLE:

Choice Beef Steers & Heifers: 120.00 to 138.00.

Choice Dairy X-bred Steers & Heifers: 118.00 to 137.00.

High Yielding Choice Holstein Steers: 125.00 to 131.00.

Choice Holstein Steers: 114.00 to 124.00.

Select, Unfinished & Heavyweight Steers & Heifers: 113.00 & down.

CULL COWS:

Higher 20% sold for: 74.00 to 83.00.

60% sold for: 53.00 to 73.00.

Lower 20% sold for: 52.00 & down.

CULL BULLS:

Most Bulls: 85.00 to 105.00.

CALVES: Sold by the head.

80% of Holstein Bull Calves 95 lbs. & up: 60.00 to 170.00.

Quality Holstein Heifer Calves: 30.00 & down.

Quality Beef Calves: 90.00 to 240.00.

Light & Poor Quality Calves: 60.00 & down.

Monroe Equity Market: July 25, 2022

FED CATTLE:

High Yielding Choice Beef Steers & Heifers: 142.00-150.00.

Choice Beef Steers & Heifers: 130.00-141.50.

Choice Dairy X-bred Steers & Heifers: 120.00-144.00.

High Yielding Choice Holstein Steers & Heifers: 125.00-136.00.

Choice Holstein Steers & Heifers: 110.00-124.50.

Unfinished Steers & Heifers: 109.00 and down.

Wednesday 07/20/22 Sale:

High Yielding Choice Beef Steers & Heifers: No test.

Choice Beef Steers & Heifers: No test.

Choice Dairy X-bred Steers & Heifers: No test.

High Yielding Choice Holstein Steers & Heifers: 122.00-127.00.

Choice Holstein Steers & Heifers: 110.00-120.00.

Unfinished Steers & Heifers: 90.00 and down.

CULL COWS:

High Yielding Cows: 78.00 to 92.00.

Cutters & Utility: 60.00 to 77.00.

Canners & Shells: 59.00 & down.

SLAUGHTER BULLS:

High Yielding Bulls: 95.00 to 110.00.

Thin, Light and Overconditioned Bulls: 90.00 & down.

CALVES: Sold by the pound.

Quality Holstein Bull Calves: 135.00 to 170.00.

Light & Poor Quality Calves: 85.00 & down.

Quality Holstein Heifer Calves: 60.00 & down.

Quality Beef & Beef X-bred Calves: bulls 300.00 & down; heifers 250.00 & down.

Reedsville Equity Market: July 21, 2022

FED CATTLE: Steady

High Yielding Choice Beef Steers & Heifers: 127.00 to 142.50.

Choice Beef Steers & Heifers: 110.00 to 126.00.

High Yielding Choice Holstein Steers: 120.00 to 128.00.

Choice Holstein Steers: 100.00 to 117.00.

Unfinished Steers & Heifers: 99.00 & down.

CULL COWS: Steady

Higher 20% sold for: 78.00 to 90.00.

60% sold for: 62.00 to 79.00.

Lower 20% sold for: 61.00 & down.

CULL BULLS: Steady

Most Bulls: 80.00 to 100.00.

CALVES: Weaker

40% of Holstein Bull Calves: 60.00-120.00.

Quality Holstein Heifer Calves: 40.00 & down.

Quality Beef Calves: 280.00 & down.

Light & Poor Quality Calves: 40.00 & down.

FEEDER CATTLE: Next sale is July 28 at noon.

Holstein steers under 400 lbs: 80.00 to 100.00.

Holstein steers 400 to 600 lbs: 80.00 to 100.00.

Holstein steers 600 to 800 lbs: 75.00 to 95.00.

Holstein steers over 800 lbs: 75.00 to 95.00.

Stratford Equity Market: July 26, 2022

FED CATTLE: Steady

High Yielding Choice & Prime Beef Steers & Heifers: 130.00-135.50.

Choice Beef Steers & Heifers: 120.00 to 129.00.

High Yielding Choice & Prime Holstein Steers & Heifers: 125.00-134.00.

Select & Choice Holstein Steers & Heifers: 115.00 to 124.00.

Unfinished Steers & Heifers: 115.00 and down.

CULL COWS: Trending Lower

Higher 20% sold for: 70.00 to 87.00.

60% sold for: 50.00 to 69.00.

Lower 20% sold for: 50.00 & down.

Good certified organic cows (for slaughter): 90-104.00.

CULL BULLS: Steady.

Most Bulls: 95.00 to 115.00.

Thin, Full, Horned Bulls discounted: 90.00 & down.

CALVES, sold by the head: Holsteins Lower

Good to Top Quality Holstein Bull Calves: 80.00 to 140.00.

Top Quality Holstein Heifer Calves: 25.00 to 70.00.

Plain Quality Holstein Heifer Calves: 20.00 & down.

Quality Beef Calves: 200.00 to 360.00.

Light & Poor Quality Calves: 50.00 & down.

FEEDER CATTLE: Steady

Beef Steers: Under 400 lbs: 120.00-160.00; 400 to 600 lbs: 115.00-150.00; 600 to 800 lbs: 100.00-145.00; Over 800 lbs: 95.00-120.00.

Beef Heifers: Under 400 lbs: 115.00-140.00; 400 to 600 lbs: 110.00-142.60; 600 to 800 lbs: 100.00-130.00; Over 800 lbs: 95.00-120.00.

Holstein Steers: Under 400 lbs: 105.00-155.00; 400 to 600 lbs: 100.00-152.50; 600 to 800 lbs: 100.00-145.00; Over 800 lbs: 90.00-126.00.

Milwaukee Stockyards: July 26, 2022

COWS:

No Roll Cows: 73.00 to 84.00.

High Yielding Cutters & Utility: 60.00 to 70.00.

Cutters: 50.00 to 60.00.

Canners & Shells: 50.00 & down.

HOLSTEIN STEERS:

High Choice & Prime Holstein Steers, 1400-1600 lbs: 128.00 to 132.00.

Choice Holstein Steers: 122.00 to 127.00.

Select Steers: 100.00 to 115.00.

Unfinished Holstein Steers: 100.00 & down.

BEEF CATTLE:

Choice & Prime Angus Beef 1200-1500 lbs: 138.00 to 140.00.

Select Beef Steers & Heifers: 125.00 & down.

BULLS:

Premium Beef Bulls 1600-2000 lbs: 90.00 to 100.00.

Common to Good Bulls: 75.00 to 90.00.

REPLACEMENT CALVES:

Premium Bulls 100-120 lbs: 85.00 to 100.00.

Common to Good Bulls 80-100 lbs: 40.00 to 80.00.

Beef Bull Calves: 150.00 to 250.00.

Beef Heifer Calves: 100.00 to 200.00.

Dairy Heifer Calves: 25.00 to 50.00.

Boning Calves: 10.00 & down.

Premier Livestock: July 25, 2022

MARKET COWS: Steady

Selling Every Monday, Tuesday, Wednesday, Thursday

High Yielding Cows: 75.00 to 90.00.

Most Market Cows: 65.00 to 74.00.

Low Yielding Cows: 64.00 and down.

FED MARKET STEERS AND HEIFERS: Steady

High Choice & Prime Holstein Steers: 121.00 to 136.00.

Low Choice & Select Holstein Steers: 115.00 to 120.00.

Underfinished & Mixed Grading: 109.00 & down.

MARKET BULLS: Steady

High Yielding Bulls: 90.00 to 115.00.

Plainer Quality Bulls: 89.00 & down.

BABY CALVES: Steady

Most Holstein Bull Calves: 70.00-135.00.

Quality Beef Calves: 150.00 to 385.00.

Holstein Heifer Calves, Single Birth: 10.00-30.00.

Light and off quality calves: 20.00 & down.

Fennimore: July 27, 2022

High Yield Slaughter Cows: 63.00-83.00; Holstein Bulls & Calves: 95-120 lbs: 80.00-110.00; Light Weight & Poor Calves: 80.00 & down; Holstein Heifer Calves: 30.00-65.00; Beef X-Bred Calves: 150.00-280.00.

National Cattle Summary: July 25, 2022

For Monday negotiated cash trading was at standstill in the Southern Plains and Nebraska. In the Western Cornbelt negotiated cash trading was mostly inactive on very light demand. Not enough purchases for a market trend. Last week in the Southern Plains live purchases traded at 136.00. For the prior week live and dressed purchases traded from 139.00-143.50 and at 227.00, respectively. For the previous week in the Western Cornbelt live and dressed purchases traded from 141.00-145.00 and from 227.00-232.00.

Dairy Cattle Summary

Reedsville Equity Market: July 25, 2022

Top Quality Springing Holstein Heifers: 700.00 to 1300.00.

Plainer Quality Springing Holstein Heifers: 650.00 & down.

Good Quality Shortbred Heifers: 500.00 to 1000.00.

Good Quality Springing & Recently Fresh Cows: 700.00 to 1150.00.

Good Bred Back Milking Cows: 700.00 to 1150.00.

Plain Quality & Common Cows: 500.00 to 775.00.

Dehorned & Vaccinated Open Heifers, 350-550 lbs: 40.00 to 70.00/lb.

Dehorned & Vaccinated Open Heifers, 550-750 lbs: 60.00 to 90.00/lb.

Dehorned & Vaccinated Open Heifers, 750-950 lbs: 60.00 to 90.00/lb.

Central Livestock, Zumbrota, MN: July 25, 2022

FINISHED CATTLE:

Finished Beef Steers: 137.00-149.00; Mixed Grading: 100.00-136.00.

Finished Beef Heifers: 135.00-143.50; Mixed Grading: 120.00-133.00.

Finished Dairy Steers: 126.00-146.00; Silage Fed, Heavyweight, Select Grade, Lightweight: 80.00-115.00.

MARKET COWS:

Mostly 65.00-87.00; Thin/shelly/full/overfed cows: 30.00-64.00; Market Bulls: 58.00-107.00.

Bred Beef Cows & Heifers: 1035.00-1525.00; Cow/calf pairs: N/A

Calves: 95-125 lbs: 35.00-90.00; 150-250 lbs: Up to 75.00; Beef Calves: 75.00-185.00; Lighter, Weaker, Younger Calves: 39.00 & down.

FEEDER CATTLE:

Beef Steers: under 600 lbs: Up to 155.00; 600-800 lbs: Up to 113.00; 800-1000 lbs: Up to 124.00/cwt; Beef Heifers: 350-600 lbs: Up to 137.00/cwt; 600-800 lbs: Up to 131.00/cwt.; 800-1000 lbs: N/A.

Holstein Steers: under 400 lbs: N/A; 400-600 lbs: N/A.; 600-800 lbs: N/A; 800-1000 lbs: 94.00.

Eastern Corn Belt Direct, Feeder Cattle Summary: July 22, 2022

Compared to last week: Not enough trades Current FOB trades for a trades. Demand moderate to good. Supply included: 100% Feeder Cattle (100% Heifers). Feeder cattle supply over 600 lbs was 100%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 2-3% shrink or equivalent, with up to a 15 cent slide > 600 lbs. Livestock reported this week originated from KY.

Sheep & Lambs

Monroe Equity Market: July 25, 2022

As of 07/16/22: Finished Market Lambs: 1.07-1.17/lb.; Feeder Lambs: 1.10-1.55/lb.; Cull Ewes: .77-1.13/lb; Cull Rams: 1.10-1.13/lb.

Johnson Creek Equity Market: July 25, 2022

Lambs: Over 100 lbs: 110.00-180.00; Under 100 lbs: 120.00-170.00; Ewes: 70.00-100.00; Bucks: 70.00-100.00.

Lomira Equity Market: July 25, 2022

As of 06/25/2022: Finished Market Lambs: 190.00-270.00; Feeder Lambs: Under 65 lbs: 240.00-300.00; 70-100 lbs: 220.00-270.00; Ewes: 90.00-140.00; Rams: 120.00-160.00.

Stratford Equity Market: July 26, 2022

As of 07/20/22: Feeder Lambs: 125.00-200.00; Market Lambs: 120.00-180.00; Cull Ewes: 90.00-135.00; Cull Rams: 85.00-120.00.

Fennimore, July 27, 2022

Bucks & Ewes: 62.00-90.00/lb.; Choice Lambs: 107.50-125.00/lb.; Feeding Lambs: 130.00-200.00/lb.

Central Livestock, Zumbrota, MN: July 26, 2022

Feeder Lambs: 50-70 lbs: 75.00-190.00; 70-90 lbs: 75.00-135.00; 90-120 lbs: 100.00-125.00.

Fed Lambs 110-155 lbs: Shorn Lambs: N/A; Unshorn Lambs: 100.00-125.00/cwt.

Utility & Good Ewes: 75.00-100.00; Thin & Cull Ewes: 70.00 & down; Yearling Ewes: 75.00-120.00.

Goats

Monroe Equity Market: July 25, 2022

As of 07/18/22: Goats sell by the head.

Dairy Goats 40-70 lbs: 110.00 to 185.00.

Meat Goats 40-70 lbs: 160.00-210.00.

Meat Goats over 70 lbs: No test.

Cull Nannies & Billies: 150.00 & down.

Johnson Creek Equity Market: July 25, 2022

Young Goats over 80 lbs: 200.00 & down.

Young Goats 60-80 lbs: 200.00 & down.

Young Goats under 60 lbs: 170.00 & down.

Cull Goats: 100.00 & down.

Lomira Equity Market: July 25, 2022

As of 06/25/2022:

Fed Goats: 230.00 to 400.00.

Dairy Kids: 225.00 to 400.00.

Boer Kids: 350.00 to 500.00.

Cull Goats: 150.00 to 220.00.

Fennimore: July 27, 2022

Slaughter Nannies: 110.00 to 145.00.

Slaughter Billies: 200.00.

Slaughter Kids (Dairy): 130.00 to 195.00.

Slaughter Kids (Boer): 210.00-255.00.

Commodities futures for the week beginning July 26, 2022.

Hogs

USDA Hog Report: July 25, 2022

Compared to last week: Early weaned pigs and all feeder pigs steady to1.00 per head higher. Demand moderate for light offerings.

Stratford Equity Market: July 26, 2022

Butchers: 71.00-83.00; Sows: 66.00-74.00; Boars: 35.00-36.00; Slaughter Pigs: No test; Feeder Pigs, 45-50 lbs: 38.00/hd.; 70-80 lbs: no test; 85 lbs. and up: no test.

Johnson Creek Equity Market: July 25, 2022

Butchers over 250 lbs: 60.00-75.00; Light Sows: 35.00-50.00; Heavy Sows: 35.00-55.00; Boars: 10.00-20.00; Feeder Pigs: no test.

Lomira Equity Market: July 25, 2022

Feeder Pigs: 40-80 lbs: Call for availability.

Hogs: Heavy Sows: 62.00-65.00; Light Sows: 58.00-62.00; Boars: 20.00; Butcher Hogs: 70.00.

Central Livestock, Zumbrota, MN: July 25, 2022

Feeder Pigs: Up to 50 lbs: 20.00-75.00; 50-60 lbs: 75.00/hd; 60-80 lbs: 95.00/hd; 80-100 lbs: 95.00-120.00; 100-120 lbs: Up to 135.00.

Grains

Cargill La Crosse, July 26, 2022

CORN/SOYBEANS

Aug: -----/15.3275

Sept: 5.9700/13.9975

Dec.: 6.0075/-----

Mar ‘23: 6.0750/13.8950

May 6.1150/13.8925

Sept: 5.7550/13.1075

Dec: 5.6075/-------

Mar.’24: 5.6850/12.8575

Eggs

USDA retail prices: July 26, 2022

Midwest delivered prices are steady. Producer prices are unchanged. The undertone is steady. Demand is moderate to good. Offerings are light. Supplies are light to moderate. Market activity is moderate to active. The Midwest shell egg inventory decreased 4.9% compared to a week ago.

Extra Large: 3.28-3.30; Large: 3.26-3.28; Medium: 2.00-2.02

Hay

Reedsville Equity Market: July 27, 2022

High Quality 1st Crop Hay: 90.00-140.00/ton; Low Quality: 80.00/ton & down; High Quality 2nd & 3rd Crop Hay: 120.00-170.00/ton; Low Quality: 110.00/ton & down; High Quality Straw: 100.00-130.00/ton, Low quality 90.00/ton & down; baleage: no test.

Lomira Equity Market: July 22, 2022

Every Friday at noon (price per bale):

Small Squares Hay: 1.00-3.00/bale; Large Squares Hay Alfalfa: 40.00-60.00/bale; Large Squares Mix: 30.00-60.00/bale; Large Square Grass: 20.00-35.00/bale; Large Rounds Alfalfa Quality: 40.00-50.00/bale; Large Rounds Mix: 30.00-40.00/bale; Large Rounds Grass: 20.00-30.00/bale; Small Wheat Straw: 1.50-3.00/bale; Large Squares: 10.00-20.00/bale.

Fennimore: July 27, 2022

Large Square Hay: 130.00-145.00/ton; Small Sq. Hay: N/A; Dry Cow/Beef Cow Hay: 85.00/ton; Large Square Straw: 35.00-45.00.

Tim Slack Auction & Realty, Hay & Bedding Report: July 27, 2022

Hay, lg. Square: Good: 180.00-215.00/ton.

Hay, lg. Round: Good: 90.00-110.00/ton; Sm. square: Good: 3.25-3.50/bale.

Straw, lg. Square: Good: 38.00-44.00/bale; Lg. Round, wheat: 55.00/bale.

Grass, lg. Round: Good: N/A; Sm. Grass Squares: N/A.

Stratford Equity Market: July 26, 2022

Sale first and third Tuesday each month:

Large Square Grass Mix: 40.00-45.00/bale.

Large Square Hay Bales, 2nd and 3rd Crop Alfalfa: 60.00-75.00/bale.

Large Square Bales, Rye Straw: 40.00-45.00/bale.

Round Hay Bales, Grass: 35.00-55.00/bale.

Alfalfa Rounds, 2nd & 3rd Crop: 45.00-55.00/bale.

Small Square Straw Bales: No test.

Small Square Hay Bales:2.75-3.50/bale.

Dairy

Weekly Animal Feed, Central U.S.: July 21, 2022

Dry whey prices moved lower after a steady previous week. End users are not in a rush to move on loads during a bearish cycle, as a majority of prices are trading hands below the $.50 mark. Some feed end users who opt for edible grade found some deals in the low/mid $.40s this week. Production, although not without delays, is busy with spot milk remaining at discounts week in, week out. Animal feed whey prices moved lower.

  • Prices for Central U.S., All First Sales, FOB, Conventional and Non-Edible Dry Whey Price Range Animal Feed, $/lb: .4200 - .4500.
  • Prices for Central U.S., All First Sales, FOB, Extra Grade & Grade A, Conventional and Edible Dry Whey Price Range: Non-Hygroscopic, $/lb: .4400 - .5400; Mostly Range: Non-Hygroscopic, $/lb: .4750 - .5200.
Class III Milk Futures for the week beginning July 26, 2022.

Dairy Market Review, July 22, 2022

BUTTER: Grade AA closed at $2.9075. The weekly average for Grade AA is $2.9305 (-0.0165).

CHEESE: Barrels closed at $1.9200 and 40# blocks at $1.9100. The weekly average for barrels is $1.9900 (-0.1475) and blocks, $1.9490 (-0.1275).

CHEESE HIGHLIGHTS: Throughout the country, milk production is declining, but Class III milk remains available for cheesemaking. In the Central region, spot loads of Class III are being traded for as low as $4 under. In the Northeast and West regions, cheese production is steady. Meanwhile in the Midwest, plant updates/maintenance, along with employee and supply shortages, have contributed to some production setbacks. Cheese inventories are available in the Northeast and West, but curd and barrel inventories are tight in the Midwest.

BUTTER HIGHLIGHTS: Cream is available in the Central region, though contacts report inventories are tightening in the Northeast and West. Butter and ice cream makers are keeping demand robust, in the West. Plant managers in the Central region say labor shortages may be a new normal. Some butter makers in the Northeast are running active schedules, while others are running below capacity due to labor shortages, high cream multiples, and softening domestic demand.

FLUID MILK HIGHLIGHTS: Milk flows are generally trending level to lower across the country. Summer heat and lack of precipitation in some areas, particularly in Southern states, are imperiling pasture conditions and impacting cow comfort. In the face of high feed and water expenses, contacts report an increase in farmers selling cattle into processing across Texas and Oklahoma. Farm level milk production is declining in California, but output is surpassing handler forecasts and some milk loads are moving out into neighboring states with tighter local supplies.