The Buyer Brief
– Joseph Billett
Feedlots continue to see red. Since August 2015, cattle feeding losses appear to range between $250-350 per head. U.S live cattle futures are near their lowest levels in 6 years. Many feedlots are struggling to run empty on feed grain and are buying as needed while the price drops. A lot of buyers are also only in the market for next week, are getting covered quickly, and then are waiting until the price comes off the following week. With more harvest ahead of us than behind, buyers are about as bearish as it gets!
(AOG = Act of God)
Feed Barley –
Sept $2.45-2.60/ bu Oct $2.60/bu Nov-Dec $2.62-2.65/bu Jan-Mar $2.75/bu April-May $2.00/bu
Feed Wheat –
Quick Movement $4.25-4.50/bu Sept-Oct $4.00-4.30/bu
(Call or email for #1 HRS pricing)
2CW Oats/Pony –
September $2.25-2.35/ bu, Oct-Dec $2.35/ bu Jan-Mar $2.40/bu
3CW Oats/Good quality Feed –
Sept-Oct $2.15-2.25/bu
Feed Oats (Lower quality) –
September $1.60/bu
#2 Green Peas –
Sept-Feb $7.00-7.15/ bu (Max 3% Bleached)
#2 Yellow Peas –
Sept $6.35-6.37/bu
Oct-Dec $6.37-6.50/ bu Jan-Mar $6.60-6.70/bu
Feed Peas –
Sept $5.35/bu
Oct $5.45/ bu
Feed Faba Beans –
Sept-Oct $5.00/bu
Feed Barley –
Sept $2.60-2.75/bu Oct $2.65-2.75/bu Nov-Dec $2.75-2.80/bu Jan-Feb $2.80-2.90/bu Mar-April $2.90-3.00/bu
Feed Wheat –
Quick Movement $4.55/bu, Sept-Oct $4.27-4.40/bu Nov-Dec $4.40-4.50/bu
(Call or email for #1 HRS)
2CW Oats/Pony –
September $2.30-2.45/bu Oct-Dec $2.30-2.45/bu Jan-April $2.45-2.60/ bu
3CW Oats –
Sept-Dec $2.20-2.35/bu
Feed Oats –
September $1.55-1.65/bu
#2 Green Peas –
Sept-Dec $7.35-7.40/bu/bu (Max 3% Bleach)
#2 Yellow Peas –
Sept $6.50/bu Oct-Jan $6.50-6.75/ bu
Feed Peas-
Sept-Oct $5.25-5.35/bu
Feed Barley –
Quick Mvmt $2.80-2.90, Sept-Oct $2.75-2.85,
Nov-Dec $2.90/bu, Jan-Feb $2.95-3.00/bu, Mar-April $3.10
Feed Wheat –
Quick Movement $4.60-4.75/bu
Sept-Oct $4.55-4.60/bu Nov-Dec $4.65-4.70/bu
(Call or email for #1 HRS pricing)
2CW Oats/Pony –
Sept-Dec $2.40-2.45/bu Jan-Mar $2.50/bu April-May $2.55/bu June-August $2.60-2.65/bu
3CW Oats –
Sept-Dec $2.30-2.35/bu
Feed Oats –
Sept-Oct $1.80-1.85/bu
#2 Green Peas –
Sept-Dec $7.35-7.40/bu (Max 3% Bleach)
*Call or email for deductions on peas testing above 3%
#2 Yellow Peas –
Sept $6.50-6.60/bu
Oct-Jan $6.60-6.75/bu
Feed Peas –
Sept-Oct $5.20-5.25/bu
Feed Barley –
Quick Mvmt $2.90/bu, Sept-Oct $2.85/bu,
Nov-Dec $2.95-3.00/bu, Jan-Feb $3.10/bu, Mar-April $3.15/bu May-June $3.20/bu
Feed Wheat –
Quick Movement $4.60-4.75/bu, Sept-Oct $4.60/bu Nov-Dec $4.65-4.70/bu
(#1 & #2 HRS Wheat call for up-to-date pricing!)
2CW Oats/Pony –
Sept-Dec $2.43-2.50/bu, Jan-Mar $2.55-2.60/bu April-May $2.60-2.65 June-August $2.65-2.70
3CW Oats –
Sept-Dec $2.33-2.40/bu
Feed Oats –
Sept-Oct $1.80-1.90/bu
#2 Green Peas –
Sept-Dec $7.30-7.35/ bu(Max 3% Bleach)
*Call or email for deductions on peas testing above 3%
#2 Yellow Peas –
Sept $6.50-6.60/bu, Oct-Jan $6.60-6.75/bu
Feed Peas –
Sept-Oct $5.00-5.15/bu
Feed Barley –
Sept-Oct $2.70-2.75/bu, Nov-Dec $2.80-2.85/bu, Jan-Feb $2.95-3.00/bu, Mar-April $3.02-3.05/bu
Feed Wheat –
Sept-Nov: $4.25-4.40/bu
(#1 & #2 HRS Wheat with good protein? Call for pricing!)
2CW Oats/Pony –
Sept $2.30-2.40/bu
3CW & Feed Oats –
Sept $2.10-2.20/bu
#2 Green Peas –
Nov-Dec $6.45-6.50/bu (Max 3% Bleach)
#2 Yellow Peas –
Jan-Feb $6.50/bu
Feed Peas –
$4.90-4.95/bu
Feed Fabas –
$4.90-4.95/bu
Feed Barley –
September $2.90-3.00/bu Oct $2.85-2.90/bu, Nov-Dec $3.00/bu, Jan-Feb $3.10/bu Mar-April $3.15-3.20/bu
Feed Wheat –
Quick Movement $4.65-4.75/bu, Sept-Oct $4.55-4.65/bu Nov-Dec $4.70/bu
Call or email for #1/2 HRS
.
2CW Oats/Pony –
Sept-Dec $2.35-2.40/bu, Jan-Mar $2.40-2.45/bu, April-May $2.50/bu June-August $2.60/bu
3CW Oats –
Sept-Dec $2.30-2.35/bu
Feed Oats –
Sept $1.90/bu
#2 Green Peas –
Sept-Dec $7.15-7.20/bu (Max 3% Bleach)
*Call or email for deductions on peas testing above 3%
#2 Yellow Peas –
Sept $6.50/ bu, Oct-Jan $6.50-6.75/bu
Feed Peas –
Sept-Oct $5.00/bu
Feed Barley –
Sept-Oct $2.75-2.85/bu, Nov-Dec $3.00-3.05/bu, Jan-Feb $3.10-3.15/bu Mar-April $3.15-3.20/bu
Feed Wheat –
Sept-Nov: $4.30-4.45/bu
2CW Oats –
Sept $2.40-2.45/bu
3CW Oats –
Sept $2.20-2.35/bu
Feed Oats –
Sept $1.85-2.05/bu
#2 Green Peas –
Nov-Dec $6.70/bu (Max 3% Bleached)
#2 Yellow Peas –
Jan-Feb $6.70/bu
Feed Peas –
Sept $4.90-4.95/bu
Feed Fabas –
Sept $4.90-4.95/bu
Feed Barley –
Sept-Oct $3.05-3.10/bu Nov-Dec $3.15-3.20/bu, Jan-Feb $3.20-3.25/bu, Mar-April $3.25-3.30/bu
Feed Wheat –
Quick Mvmt $4.60-4.65 Sept-Nov $4.40-4.60
2CW Oats –
Sept $2.40-2.50/bu
Feed Oats –
Sept $2.10-2.25/bu
#2 Green Peas –
Nov-Dec $6.70-6.75/bu (Max 3% Greens)
#2 Yellow Peas –
Jan-Feb $6.70/bu
Feed Peas –
Sept $4.90-4.95/bu
Feed Fabas –
Sept $4.90-4.95/bu
Feed Barley –
Sept-Oct $3.00-3.12/bu Nov-Dec $3.15-3.20/bu Jan-Feb $3.25/bu
Feed Wheat –
Sept-Nov $4.40-4.60/bu
2CW Oats –
Sept $2.50-2.60/bu
Feed Oats –
Sept $2.20-2.25/bu
#2 Green Peas –
Nov-Dec $6.45-6.50/bu (Max 3% Greens)
#2 Yellow Peas –
Jan-Feb $6.45-6.50/bu
Feed Peas –
Sept $4.90-4.95/bu
Feed Fabas –
Sept $4.90-4.95/bu
Feed Barley –
Sept-Oct $3.30-3.45 Dlvd or $3.13-3.28 FOB
Nov-Dec $3.50-3.55/bu Dlvd or $3.33-3.38/bu FOB
Jan-Feb $3.60/bu Dlvd or $3.43/bu FOB
Feed Wheat –
Sept-Oct $4.60-4.70 Dlvd or $4.38-4.48 FOB
#2CW Oats-
Sept-Nov $2.50-2.60 Dlvd or $2.38-2.48 FOB
Feed Oats –
Sept $2.30-2.50/bu Dlvd or $2.18-2.38/bu FOB
#2 Green Peas –
Nov-Dec $6.93/bu Dlvd or $6.71/bu FOB
#2 Yellow Peas –
Jan-Feb $6.93/bu Dlvd or $6.71/bu FOB
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