Soybean prices climb higher

Published 5:00 pm Tuesday, March 12, 2024

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Virginia Market News Service reported the following weekly ag trends on March 8: In Virginia, state graded feeder cattle mostly 1.00 to 11.00 higher. Feeder cattle at regular auction sales 4.00 to 12.00 higher. Slaughter cows mostly 1.00 to 7.00 higher. Wheat new crop .39 lower. Corn .05 to .22 higher, new crop .06 higher. Soybeans mostly .29 to .48 higher, new crop mostly .21 higher.

SLAUGHTER COWS

Boning, 800-1200 lbs, 79.00-120.00, average 109.80

Breakers, 1200-1600 lbs, 93.00-125.00, average 110.42

STATE GRADED FEEDER STEERS, MEDIUM AND LARGE

400-500 lbs 205.00-325.00, average 305.81

500-600 lbs 252.50-324.50, average 297.27

600-700 lbs 213.00-305.00, average 271.28

700-800 lbs 215.00-260.50, average 250.77

STATE GRADED FEEDER HEIFERS, MEDIUM AND LARGE

400-500 lbs 215.00-278.00, average 255.37

500-600 lbs 200.00-260.00, average 244.42

600-700 lbs 192.50-248.00, average 225.06

700-800 lbs 135.00-219.50, average 207.43

CORN

Eastern Shore 4.28, new crop 4.64; Harrisonburg 4.90-4.96, new crop 5.29; Norfolk 4.06-4.48, new crop 4.79; Richmond-Petersburg 4.03, new crop 4.69; Wakefield 3.81, new crop 4.74-4.94

SOYBEANS

Eastern Shore 11.21-11.31, new crop 10.94-11.04; Harrisonburg 10.35; Norfolk 11.66, new crop 11.64; Richmond-Petersburg 11.36, new crop 11.14; Wakefield 11.12, new crop 11.24-11.44

WHEAT

Eastern Shore new crop 4.50; Norfolk new crop 4.90; Roanoke 5.39, new crop 5.80

Livestock prices per hundredweight; grain prices per bushel.