Virginia Market News Service weekly ag brief — May 31, 2024

Published 4:00 pm Monday, June 3, 2024

Getting your Trinity Audio player ready...

Virginia Market News Service reported the following weekly ag trends on Friday, May 31:

In Virginia, state graded feeder cattle mostly 1.00 to 8.00 higher. Feeder cattle at regular auction sales mostly steady to 10.00 higher. Slaughter cows mostly steady to 10.00 higher. Wheat .17 lower, new crop .17 lower. Corn mostly .15 lower, new crop .16 lower. Soybeans .29 to .35 lower, new crop .26 lower.

State Graded Feeder Steers, Medium and Large 1

400-500 lbs. 292.50-350.00, average 332.23

500-600 lbs. 185.00-340.00, average 312.36, mostly 282.00-340.00

600-700 lbs. 272.00-320.00, average 289.37

700-800 lbs. 225.00-275.00, average 254.47

State Graded Feeder Heifers, Medium and Large 1

400-500 lbs. 235.00-292.50, average 270.56

500-600 lbs. 230.00-270.50, average 263.58

600-700 lbs. 228.00-247.00, average 240.81 

700-800 lbs. 180.00-223.00, average 210.50

Slaughter Cows

Boning, 800-1,200 lbs., 109.00-133.00, average 124.35

Breakers, 1,200-1,600 lbs., 113.00-146.00, average 129.30

Wheat

Eastern Shore 5.71, new crop 5.71-5.81; Norfolk new crop 6.31; Roanoke 6.76, new crop 7.21; Wakefield new crop 6.41

Corn

Eastern Shore 4.39, new crop 4.61-4.71; Harrisonburg 5.05-5.24, new crop 5.41; Norfolk 4.59, new crop 4.46-4.81; Richmond-Petersburg 4.19, new crop 4.66; Wakefield 4.19, new crop 4.76-4.91

Soybeans

Eastern Shore 11.65-11.75, new crop 11.30-11.40; Harrisonburg 10.90; Norfolk 12.10, new crop 11.65-12.00; Richmond-Petersburg 12.20, new crop 11.50; Wakefield 11.85, new crop 11.60-11.80

Livestock prices per hundredweight; grain prices per bushel.