Historical Feeder Steer Price - Arkansas

1 Arkansas Department of Agriculture | 1 Natural Resources Drive, Little Rock, AR 72205 | (501) 225-1598 | agriculture.arkansas.gov

Livestock Weighted Average Report for Week 08/28/2020 - 09/03/2020 LIVESTOCK SUMMARY ARCHIVE

Current Week Last Reported (08/21/20-08/27/20) Last Year

Total Receipts: 3308 7648 3372

Feeder Cattle: 2660(80.4%) 6620(86.6%) 2843(84.3%)

Slaughter Cattle: 416(12.6%) 756(9.9%) 401(11.9%)

Replacement Cattle: 232(7.0%) 272(3.6%) 128(3.8%) Compared to last week: Feeder steers sold 8.00-16.00 lower. Feeder heifers sold 4.00-9.00 lower. Slaughter cows sold

1.00-2.00 lower. Slaughter bulls sold 1.00 lower. TABLE OF CONTENTS

➢ Arkansas Weekly Livestock Auction Summary and Related Individual

Market Sale Summaries, - 3

➢ Weekly Grain, Rice, and Cotton Futures Trends, Page 3

➢ Weekly Livestock Futures Trends, Page 3

➢ National Weekly Rice Summary Not Reported 8/31

➢ Arkansas Crop Progress and Condition, Page 4

➢ Arkansas Broiler Hatchery, Page 4

➢ National and Arkansas Reports on Chicken, Page 5

➢ Livestock, Dairy, and Poultry Monthly Outlook, Page 6

➢ Beef Production Forecasts, Page 6 - 7

➢ Peanut Prices, Page 8

➢ Fruit Movement and Price, Page 9

➢ Timber Price Reporting, Page 10

➢ US-China Phase One Tracker, Page 11

➢ Food Price Outlook, Page 12

➢ FAPRI-MU Reports, Page 13-21

➢ Oilseed and Grain Crushing Production, Page 22-23

➢ Weather Information, Page 23-27

➢ Click Heading Links for Direct Report Link

➢ Click Archive for Historical Reports

FEEDER CATTLE

STEERS - Medium and Large 1 (Per Cwt/ Actual Wt)

Wt Class Head Wt Range Avg Wt Price Range Avg Price

300-400 49 300-390 340 145-178 166

400-500 103 405-495 452 130-167 149

500-600 102 500-596 542 124-155 139

600-700 40 600-685 637 120-144 131

700-800 12 700-785 745 115-126 122

800-900 7 800-880 835 115-127 125

HEIFERS - Medium and Large 1 (Per Cwt/ Actual Wt)

Wt Class Head Wt Range Avg Wt Price Range Avg Price

300-400 52 300-395 355 125-156 144

400-500 80 400-495 451 117-146.5 132

500-600 110 500-595 536 113-135 126

600-700 35 600-695 632 107-134 120

700-800 10 700-785 745 108.5-115 112

800-900 --- 0-0 --- 0-0 ---

SLAUGHTER CATTLE Slaughter Cows - Average Dressing (Per Cwt / Actual Wt)

Headcount Avg Wt Avg Price

Breakers 7 1368 58.35

Boners 64 1139 56.55

Lean 22 959 51.78

Slaughter Bulls - Yield Grade 1-2, Average Dressing

(Per Cwt / Actual Wt)

Bulls 11 1496 82.67 REPLACEMENT CATTLE Bred Cows - Medium and Large 1-2 (Per Cwt / Actual Wt)

Age Stage Head Avg Wt Avg Price

2-8 ALL 5 1012 68.94

Bred Cows - Medium and Large 1-2 (Per Head / Actual Wt)


2-8 ALL 24 1131.88 1071.9

Cow-Calf Pairs - Medium and Large 1-2 (Per Family / Actual Wt)


2-8 O 13 1131.31 1103.6

2-8 ALL --- --- --- FEEDER CATTLE PRICE AVERAGES OVER PAST 5 YEARS

100.00

120.00

140.00

160.00

180.00

200.00

Historical Feeder Steer Price Medium and Large 1 400-600 lbs.

5 Year Average Year Ago This Year

100.00

120.00

140.00

160.00

180.00

200.00

Historical Feeder Heifers Price Medium and Large 1 400-600 lbs.

5 Year Average Year Ago This Year

https://www.ams.usda.gov/mnreports/ams_2056.pdf

https://mymarketnews.ams.usda.gov/viewReport/2056


INDIVIDUAL WEEKLY SALES

Average Weight/Price Calculated For: Steers and Heifers (Medium and Large 1) Slaughter Bulls and Slaughter Cows (Yield Grade 1-2, Average Dressing, Per Cwt / Actual Wt) Replacement Cattle (Medium and Large 1-2, Age <8 years) *Bred Cows (Per Cwt / Actual Wt and Per Head / Actual Wt) *Cow-Calf Pairs (Per Family / Actual Wt)

Sale on 08/31/2020 not reported.

Receipts: This Week (---) Week Ago (341)

Steers Bred Cows (Per Cwt)

400-500 lbs --- --- All Stages --- ---

500-600lbs --- --- Bred Cows (Per Head)

Heifers All Stages --- ---

400-500 lbs --- --- Cow-Calf Pairs

500-600 lbs --- --- Open --- ---

All Stages --- ---

Breaker --- ---

Boner --- --- Bulls --- ---

Lean --- ---

Slaughter Bulls

Slaughter Cattle

Feeder Cattle Replacement Cattle

SEARCY AUCTION REPORT ARCHIVE




400-500 lbs --- --- All Stages --- ---




500-600 lbs --- --- Open --- ---

All Stages --- ---

Breaker --- ---

Boner --- --- Bulls --- ---

Lean --- ---

Replacement Cattle

Slaughter Cattle

Slaughter Bulls

Feeder Cattle

OLA AUCTION REPORT ARCHIVE

Sale occurred on 09/01/2020.

Receipts: This Week (214) Week Ago (301)


400-500 lbs 454 lbs $154.37 All Stages 995 lbs $62.5

500-600lbs 529 lbs $145.31 Bred Cows (Per Head)

Heifers All Stages 942 lbs $805

400-500 lbs 451 lbs $133.94 Cow-Calf Pairs

500-600 lbs 537 lbs $126.73 Open 1033 lbs $1138.74

All Stages --- ---

Breaker 1260 lbs $60

Boner 1080 lbs $46.42 Bulls 1508 lbs $72.13

Lean --- ---

Slaughter Bulls


Slaughter Cattle

GREEN FOREST AUCTION REPORT ARCHIVE




400-500 lbs 459 lbs $151.05 All Stages 1031 lbs $72.06

500-600lbs 590 lbs $143 Bred Cows (Per Head)

Heifers All Stages 1204 lbs $933.02


500-600 lbs 533 lbs $130.77 Open 1387 lbs $1135All Stages --- ---

Breaker --- ---

Boner 1106 lbs $58.98 Bulls 1113 lbs $84.27

Lean 980 lbs $56.03


Slaughter Cattle

Slaughter Bulls

RATCLIFF AUCTION REPORT ARCHIVE




400-500 lbs 426 lbs $145.25 All Stages 970 lbs $66


Heifers All Stages 975 lbs $775

400-500 lbs 415 lbs $144 Cow-Calf Pairs

500-600 lbs 546 lbs $131.84 Open --- ---

All Stages --- ---

Breaker --- ---

Boner 1163 lbs $52.97 Bulls --- ---

Lean --- ---

Slaughter Bulls


Slaughter Cattle

GLENWOOD AUCTION REPORT ARCHIVE


Receipts: This Week (---) Week Ago (---)


400-500 lbs --- --- All Stages --- ---




500-600 lbs --- --- Open --- ---

All Stages --- ---

Breaker --- ---

Boner --- --- Bulls --- ---

Lean --- ---

Slaughter Bulls


Slaughter Cattle

HEBER SPRINGS AUCTION REPORT ARCHIVE














HOPE AUCTION REPORT ARCHIVE Sale occurred on 08/28/2020.



400-500 lbs 441 lbs $156.21 All Stages --- ---




500-600 lbs 507 lbs $128 Open --- ---

All Stages --- ---

Breaker --- ---

Boner --- --- Bulls --- ---

Lean --- ---

Slaughter Bulls


Slaughter Cattle

OZARK AUCTION REPORT ARCHIVE Sale occurred on 09/03/2020.





Heifers All Stages 925 lbs $800.41


500-600 lbs 525 lbs $128.21 Open 1150 lbs $919.57

All Stages --- ---

Breaker 1178 lbs $59.57

Boner 1071 lbs $57.15 Bulls --- ---

Lean 1033 lbs $57.68

Slaughter Bulls


Slaughter Cattle

SILOAM SPRINGS AUCTION REPORT ARCHIVE Sale on 09/03/2020 not reported.



400-500 lbs --- --- All Stages --- ---




500-600 lbs --- --- Open --- ---

All Stages --- ---

Breaker --- ---

Boner --- --- Bulls --- ---

Lean --- ---


Slaughter Cattle

Slaughter Bulls

ASH FLAT AUCTION REPORT ARCHIVE Sale occurred on 08/28/2020.







500-600 lbs 507 lbs $128 Open --- ---

All Stages --- ---

Breaker --- ---

Boner --- --- Bulls --- ---

Lean --- ---

Slaughter Bulls


Slaughter Cattle

RICE, GRAIN, COTTON, AND FEED

WEEKLY RICE, GRAIN, COTTON, AND FEED FUTURES TRENDS

Mon. Tues. Wed. Thu. Fri.

SOYBEANS

Nov 951 955 962 966 968

Jan 953 961 968 972 973

Mar 960 962 970 973 974

WHEAT

Dec 552 564 558 553 550

Mar 560 572 567 562 559

May 565 575 571 566 563

CORN

Dec 358 358 359 354 358

Mar 367 368 369 365 368

May 374 374 376 371 375

RICE (CWT)

Nov 12.355 12.230 12.285 12.345 12.400

Jan 12.520 12.395 12.415 12.475 12.530

Mar 12.635 12.550 12.545 12.605 12.660

COTTON (Cents Per Pound)

Oct 64.41 64.66 64.18 63.56 64.12

Dec 65.16 65.40 64.96 64.28 64.99

Mar 66.05 66.31 65.88 65.29 65.97

DAILY GRAIN FUTURES CLOSES

WEEKLY LIVESTOCK FUTURES TRENDS

Mon. Tues. Wed. Thu. Fri.

LIVE CATTLE

Oct 105.300 105.475 104.475 103.925 104.450

Dec 108.975 109.150 108.450 107.825 108.475

Feb 112.325 112.750 112.050 111.675 112.450

Apr 114.550 115.050 114.375 114.100 115.125

Jun 108.550 108.950 108.250 107.800 108.450

LEAN HOGS

Oct 53.600 55.025 56.400 59.250 59.825

Dec 55.125 55.775 56.500 57.975 58.250

Feb 61.575 62.075 62.375 62.825 63.025

Apr 66.175 66.850 67.125 67.325 67.875

May 70.875 71.400 71.525 71.550 72.050

FEEDER CATTLE

Oct 140.625 140.650 139.450 138.325 138.500

Nov 141.375 141.525 140.350 139.375 139.525

Jan 139.175 139.500 138.575 137.800 138.075

Mar 138.600 139.100 138.225 137.325 137.725

DAILY FUTURES CLOSES










Arkansas Crop Progress and Condition, USDA, NASS, Delta Region – Arkansas Field Office

Week Ending: August 30, 2020 - Released: August 31, 2020 – U.S. Report

Arkansas Condition and Progress Charts by Commodity

According to the National Agricultural Statistics Service in Arkansas, there were 4.2 days suitable for fieldwork for the

week ending Sunday, August 30, 2020. Topsoil moisture supplies were 1 percent very short, 8 percent short, 49 percent

adequate, and 42 percent surplus. Subsoil moisture supplies were 4 percent very short, 10 percent short, 60 percent

adequate, and 26 percent surplus. Low temperatures ranged from 62.6 degrees Fahrenheit at Lead Hill to 73.0 degrees

Fahrenheit at Crossett and Rohwer. Highs ranged from 78.0 degrees Fahrenheit at Evening Shade to 96.3 degrees

Fahrenheit at Crossett. Moderate to heavy precipitation was received throughout the State, with the highest

concentration occurring in the west central part of the State with an average of 4.20 inches.

Arkansas Broiler Hatchery, USDA, NASS, Delta Region – Arkansas Field Office, Released: September 2, 2020

Broiler-Type Eggs Set Down 5 Percent from Last Year

• Arkansas hatcheries set 23.1 million broiler-type eggs during the week ending August 29, 2020, down 5 percent from the comparable week in 2019 and down 1 percent from the previous week.

• Hatcheries in the United States weekly program set 230 million eggs in incubators during the week ending August 29, 2020, down 1 percent from a year ago.

Broiler-Type Chicks Placed Up 6 Percent

• Arkansas broiler-type chicks placed for meat production were 21.4 million chicks during the week ending August 29, 2020, up 6 percent from the comparable week in 2019 and up 1 percent from the previous week.

• Broiler growers in the United States weekly program placed 186 million chicks for meat production during the week ending August 29, 2020, down 1 percent from a year ago.

https://www.nass.usda.gov/Statistics_by_State/Arkansas/Publications/Crop_Progress_&_Condition/2020/arcw083120.pdf

https://www.nass.usda.gov/Charts_and_Maps/Crop_Progress_&_Condition/2020/AR_2020.pdf

https://www.nass.usda.gov/Statistics_by_State/Arkansas/Publications/Livestock_Releases/Broiler/2020/arbr090220.pdf


USDA AMS National Retail Report – Chicken – September 4, 2020

Advertised Prices for Chicken to Consumers at Major Retail Supermarket Outlets during the period of 09/04 thru 09/10 (prices in dollars per pound, fresh tray-pack product unless otherwise noted)

https://mymarketnews.ams.usda.gov/filerepo/sites/default/files/2756/2020-09-04/325095/ams_2756_00028.pdf


Livestock, Dairy, and Poultry Monthly Outlook: August 2020 Link

Pace of monthly fed cattle slaughter recovers to above 5-year average

• The week ending August 7, 2020, marked the 5th week of higher week-over-week prices in the 5-Area marketing region with $2.68

over the previous week at $101.34 per hundredweight (cwt). However, this is still about 10 percent below the same week last year.

That week in 2019 was the one in which the fire occurred at the Tyson plant in Finney County, Kansas, closing the facility for several

months. Following the fire, prices declined for 5 weeks and did not eclipse pre-fire price levels until 7 weeks after bottoming.

• Typically, as in the chart below, fed cattle prices decline seasonally to a bottom level in late third quarter or early fourth quarter. As

prices appear to have reached a seasonal bottom in the third-quarter, price strength may be further affected by economic

uncertainty weighing on beef demand in the fourth quarter, at a time when average carcass weights are more than 3 percent above

last year and rising seasonally.

• The price forecast for third-quarter 2020 was raised $1 to $101 per cwt, and the forecast for fourth-quarter 2020 was increased by

$1 to $105 per cwt. As a result, the average 2020 annual price is forecast at $107.30 per cwt, about $0.50 higher than last month.

2019 2020 2021

I II III IV Annual I II III IV Annual I II Annual

Production, million lb

Beef 6,414 6,817 6,923 7,001 27,155 6,929 6,054 7,060 6,985 27,028 6,805 7,050 27,620

Pork 6,838 6,615 6,706 7,478 27,638 7,426 6,311 7,170 7,450 28,357 7,110 6,990 28,565

Lamb and mutton 37 40 36 36 149 35 36 35 36 142 34 40 145

Broilers 10,384 10,945 11,402 11,175 43,905 11,237 10,931 11,350 11,150 44,668 11,025 11,200 45,275

Turkeys 1,446 1,451 1,453 1,467 5,818 1,469 1,369 1,400 1,450 5,688 1,420 1,425 5,770

Total red meat & poultry 25,264 26,020 26,675 27,308 105,266 27,248 24,851 27,167 27,220 106,485 26,542 26,863 107,988

Table eggs, mil. doz. 2,046 2,054 2,049 2,116 8,265 2,048 1,945 1,990 2,040 8,023 1,985 1,990 8,175

Per capita disappearance, retail lb 1/

Beef 14.0 14.8 14.5 14.8 58.1 14.7 13.6 14.9 14.7 57.9 14.5 15.1 58.1

Pork 13.1 12.5 12.9 13.9 52.4 13.2 11.6 13.2 13.4 51.2 12.3 12.7 50.8

Lamb and mutton 0.3 0.3 0.2 0.3 1.1 0.4 0.3 0.2 0.3 1.1 0.3 0.3 1.1

Broilers 22.5 24.0 24.7 23.9 95.1 24.4 23.9 24.6 23.8 96.7 23.9 24.2 97.5

Turkeys 3.5 3.7 4.0 4.9 16.0 3.6 3.5 3.9 4.7 15.7 3.4 3.6 15.7

Total red meat & poultry 53.8 55.7 56.7 58.2 224.3 56.6 53.1 57.1 57.2 224.1 54.8 56.4 224.8

Eggs, number 73.0 72.8 72.6 74.5 292.8 72.5 69.4 69.9 72.0 283.8 69.9 69.8 287.1

Market prices

Choice steers, 5-area Direct, $/cwt 125.27 118.79 108.16 114.88 116.78 118.32 105.79 101 104 107.3 105 105 110

Feeder steers, Ok City, $/cwt 140.76 140.51 140.19 147.44 142.23 136.42 126.37 140 140 135.7 131 134 137

Cutter Cows, National L.E., $/cwt 53.34 58.30 60.42 53.66 56.43 59.38 63.14 66 60 62.1 61 65 62

Choice slaughter lambs, National, $/cwt 136.23 156.16 154.93 150.99 149.58 159.12 N/A 120 130 133 140 145 146

Nat'l base cost, 51-52 % lean, live equivalent, $/cwt 40.67 57.95 50.08 43.11 47.95 42.52 38.96 36 35 38.1 41 47 44

Broilers, national composite, cents/lb 94.0 97.7 82.0 80.60 80.60 83.5 67.4 66.0 65.0 70.4 80 87 81

Turkeys, national, cents/lb 82.8 85.5 90.8 97.8 89.2 97.4 103.7 110.0 111.0 105.3 102 104 105

Eggs, New York, cents/doz. 107.3 69.7 81.9 117.2 94.0 133.1 119.6 85.0 120.0 114.4 113 95 110

U.S. trade, million lb, carcass wt. equivalent

Beef & veal exports 700 790 788 749 3026 769 607 770 750 2896 720 785 3140

Beef & veal imports 739 836 771 712 3058 774 848 810 705 3137 755 825 3045

Lamb and mutton imports 80 73 53 66 272 102 67 50 57 277 85 65 273

Pork exports 1445 1535 1515 1826 6321 2023 1774 1750 2000 7547 2025 1775 7650

Pork imports 259 227 231 227 945 206 220 215 220 861 225 215 895

Broiler exports 1721 1721 1773 1888 7103 1858 1728 1750 1850 7186 1745 1735 7140

Turkey exports 147 166 159 167 639 139 126 135 140 540 135 135 555

Live swine imports (thousand head) 1338 1254 1200 1305 5096 1331 1202 1150 1220 4903 1250 1200 4800

Note: Forecasts are in bold.

1/ Per capita meat and egg disappearance data are calculated using the Resident Population Plus Armed Forces Overseas series from the Census Bureau of the Department of Commerce.

Source: World Agricultural Supply and Demand Estimates and Supporting Materials.

For further information, contact: Mildred Haley, Economic Research Service\USDA.

Updated 8/18/2020

U.S. red meat and poultry forecasts, August 2020, USDA -ERS, August 2020, Livestock, Dairy, and Poultry Outlook

https://www.ers.usda.gov/publications/pub-details/?pubid=99168

https://www.ers.usda.gov/webdocs/outlooks/99169/ldp-m-314.pdf?v=7195.6


• The estimated price strength was carried forward to the first quarter of 2021, with the price raised $1 to $105 per cwt for

an annual fed steer price of $110 per cwt.

• The price for feeder steers weighing 750-800 pounds for the week of August 10, 2020, was $142.93 per cwt, more than $5

above the same week last year. Based on improved feeding margins, a smaller estimated calf crop in 2020 than a year ago,

and fewer cattle outside feedlots than expected, the third-quarter 2020 feeder steer price was raised by $7 to $140 per

cwt, and the fourth-quarter 2020 forecast was increased $9 from the previous month to $140 per cwt. This month’s annual

price forecast for 2020 is $135.70 per cwt.

• This year’s calf crop is estimated slightly smaller than in 2019, which will likely reduce cattle available for placement next

year. With these expected tighter supplies and cheaper feed costs supporting demand, the price strength was carried over

into 2021, and as a result the annual price forecast for feeder steers was raised $3 to $137 per cwt.


Peanut Prices, USDA, NASS, Delta Region – Arkansas Field Office, Released: September 4, 2020 ARCHIVE

Peanut Price Highlights

• Peanut prices received by farmers for all farmer stock peanuts averaged 20.7 cents per pound for the week ending August 29, down 0.3 cent from the previous week. Marketings of all farmer stock peanuts for the week ending August 29 totaled 73.6 million pounds, down 29.7 million pounds from the previous week.

• Runner-type peanut prices averaged 19.7 cents per pound for the week ending August 29, down 0.6 cent from the previous week. Marketings of runner-type peanuts totaled 42.7 million pounds, down 23.5 million pounds from the previous week.

Peanut Prices and Marketings by Type – United States: August 1, 2020-August 29, 2020

https://release.nass.usda.gov/reports/pnpr3620.pdf

https://www.nass.usda.gov/Publications/


Selected Weekly Fruit Movement and Price, USDA, Economic Research Service, August 28, 2020 Selected Weekly Fruit Movement and Price describes the change in shipment volume, farm prices, and retail prices of

select fruit for the week noted. Volume and prices reflect weekly marketing and supply chain conditions which can be

affected by various factors including pests, weather, imports, exports, retail promotions, and labor disruptions.

https://www.ers.usda.gov/data-products/fruit-and-tree-nuts-data/selected-weekly-fruit-movement-and-price/


Timber Price Reporting for Arkansas (University of Arkansas Division of Agriculture Link)

• Summarized timber price information specific to Arkansas is provided by Timber Mart-South. These prices represent statewide averages for pine and hardwood timber products. These are stumpage prices, which reflect the value of standing timber (not delivered prices).

• Timber sales may be affected by many factors including: Logging availability (wet or dry weather); tract location; tract size; product type; stem quality; among others.

• These factors can have significant impacts on the value of individual timber sales. Companies, such as Timber Mart-South, provide subscriptions for more specific market information that account for these variables.

https://www.uaex.edu/environment-nature/forestry/timber-price-report.aspx


http://www.timbermart-south.com/



US-China Phase One Tracker: China’s Purchases of US Goods

PIIE – Peterson Institute for International Economics

As of July 2020 – Click for Detailed Report

China’s Imports by Product Type, billions USD

PIIE Report Comments on Their Latest Numbers

• Through July 2020, China’s year-to-date total imports of covered products from the United States were $48.5 billion, compared with a prorated year-to-date target of $100.7 billion.

• Over the same period, US exports to China of covered products were $39.3 billion, compared with a year-to-date target of $83.2 billion.

• Through the first seven months of 2020, China’s purchases of all covered products were thus only at 47 percent (US exports) or 48 percent (Chinese imports) of their year-to-date targets

For covered agricultural products,

• China committed to an additional $12.5 billion of purchases in 2020 above 2017 levels, implying an annual target of $36.6 billion and $33.4 billion.

• Through July 2020, China’s imports of covered agricultural products were $9.9 billion, compared with a year-to-date target of $21.3 billion.

• Over the same period, US exports of covered agricultural products were $7.6 billion, compared with a year-to date target of $19.5 billion.

• Through the first seven months of 2020, China’s purchases were thus only at 39 percent (US exports) or 46 percent (Chinese imports) of their year-to-date targets.

https://www.piie.com/research/piie-charts/us-china-phase-one-tracker-chinas-purchases-us-goods

https://www.piie.com/research/piie-charts/us-china-phase-one-tracker-chinas-purchases-us-goods


Food Price Outlook

Changes in Producer Price Indexes, 2019 through 2021 – Click for Detailed Report

Changes in Consumer Food Price Indexes, 2019 through 2021 – Click for Detailed Report

https://www.ers.usda.gov/data-products/food-price-outlook/food-price-outlook/#Consumer%20Price%20Index

https://www.ers.usda.gov/data-products/food-price-outlook/food-price-outlook/#Consumer%20Price%20Index


Baseline Update for U.S. Farm Income and the Farm Balance Sheet, September 2020

FAPRI’s Leadership and Faculty U.S. and International Policy Analysis Have Few Equals

Written summary click their publication link, page 2

FAPRI-MU Report #05-20 www.fapri.missouri.edu amap.missouri.edu

https://www.fapri.missouri.edu/publication/4444/

https://www.fapri.missouri.edu/wp-content/uploads/2020/09/September-2020-Farm-Income-Update.pdf


Baseline Update for U.S. Agricultural Markets, Prepared Week of August 17, 2020


For analysis assumptions click their publication link, page 2-2nd paragraph


https://www.fapri.missouri.edu/wp-content/uploads/2020/08/August-2020-Baseline-Outlook-Update.pdf



Fats and Oils: Oilseed Crushing, Production, Consumption and Stocks

USDA, National Agricultural Statistics Service, Released: September 1, 2020 – U.S. Archive

Highlights

June 2020 contained 30 days.

July 2020 contained 31 days.

Soybeans crushed for crude oil was 5.54 million tons (185 million bushels) in July 2020, compared with 5.32 million tons (177 million

bushels) in June 2020 and 5.38 million tons (179 million bushels) in July 2019. Crude oil

produced was 2.12 billion pounds up 4 percent from June 2020 and up 2 percent from July 2019. Soybean once refined oil

production at 1.58 billion pounds during July 2020 increased 5 percent from June 2020 and increased 4 percent from July 2019.

Canola seeds crushed for crude oil was 204,619 tons in July 2020, compared with 123,242 tons in June 2020 and

145,547 tons in July 2019. Canola crude oil produced was 173 million pounds, up 64 percent from June 2020 and up

42 percent from July 2019. Canola once refined oil production, at 161 million pounds during July 2020, was up 39 percent from June

2020 and up 57 percent from July 2019.

Cottonseed once refined oil production, at 37.2 million pounds during July 2020, was down 7 percent from

June 2020 but up 9 percent from July 2019.

Edible tallow production was 80.4 million pounds during July 2020, up 5 percent from June 2020 but down 1 percent from July 2019.

Inedible tallow production was 295 million pounds during July 2020, down 9 percent from June 2020 and down 5 percent from July

2019. Technical tallow production was 115 million pounds during July 2020, up 4 percent from June 2020 and up 29 percent from

July 2019. Choice white grease production, at 98 million pounds during July 2020, decreased 14 percent from June 2020 but

increased 5 percent from July 2019.

https://release.nass.usda.gov/reports/cafo0920.pdf

https://usda.library.cornell.edu/concern/publications/mp48sc77c


Grain Crushing and Co-Products Production USDA, National Agricultural Statistics Service, Released: September 1, 2020 – U.S. Archive

Highlights

June 2020 contained 30 days.

July 2020 contained 31 days.

Total corn consumed for alcohol and other uses was 477 million bushels in July 2020. Total corn consumption was up 10 percent

from June 2020 but down 6 percent from July 2019. July 2020 usage included 91.5 percent for alcohol and 8.5 percent for other

purposes. Corn consumed for beverage alcohol totaled 3.23 million bushels, down 11 percent from June 2020 and down 37 percent

from July 2019. Corn for fuel alcohol, at 424 million bushels, was up 12 percent from June 2020 but down 6 percent from July 2019.

Corn consumed in July 2020 for dry milling fuel production and wet milling fuel production was 89.4 percent and 10.6 percent,

respectively.

Dry mill co-product production of distillers dried grains with solubles (DDGS) was 1.86 million tons during July 2020,

up 12 percent from June 2020 but down 6 percent from July 2019. Distillers wet grains (DWG) 65 percent or more

moisture was 859,616 tons in July 2020, up 4 percent from June 2020 but down 28 percent from July 2019.

Wet mill corn gluten feed production was 305,196 tons during July 2020, up 4 percent from June 2020 and up 2 percent from July

2019. Wet corn gluten feed 40 to 60 percent moisture was 264,778 tons in July 2020, up 8 percent from June 2020 and up 5 percent

from July 2019.

https://release.nass.usda.gov/reports/cagc0920.pdf

https://usda.library.cornell.edu/concern/publications/n583xt96p


https://hprcc.unl.edu/maps.php?map=ACISClimateMaps

https://hprcc.unl.edu/maps.php?map=ACISClimateMaps


https://www.weather.gov/lzk/


https://www.weather.gov/lzk/

https://www.usda.gov/sites/default/files/documents/wwcb.pdf

Historical Feeder Steer Price - Arkansas

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