Midwestern Cattle Management

GRAIN AND HAY PRICES FOR WEEK OF OCT. 26-30

HERE’S HOW GRAIN PRICES AND HAY PRICES LOOKED FOR THE WEEK OF OCTOBER 26-30 IN NEBRASKA AND COLORADO

Nebraska Rural Elevators:

Spot Cash Grain Prices: Prices bid or paid per bushel, except grain
Sorghum per CWT., at rural Nebraska elevators as of 2:00 P.M. today.

US No 1 Hard Red Winter Wheat, Ord. Prot: 3.83-4.38. 9 lower.
Hastings 4.38
Dorchester 4.37
Plymouth 4.32
Beatrice, Waverly 4.29
Greenwood, Murdock, Superior 4.24
Holdrege 4.19
Grand Island 4.16
Lexington 4.08
McCook, Merna 3.99
Imperial 3.95
Kimball-Dix 3.94
Ogallala-Brule 3.83

US No 2 Yellow Corn: 3.18-3.53 13 to 14 lower.
Omaha-Co. Bluffs 3.42-3.53
Bloomfield, Kimball-Dix, Wakefield 3.40
Grand Island, Hastings 3.37
Elm Creek, Holdrege, Nebraska City, Superior 3.36
Ogallala-Brule, Wayne 3.33
Silver Creek 3.32
Beatrice, Dorchester, Imperial, Plymouth 3.31
Belgrade, Columbus, Duncan, Osceola, Tarnov 3.30
Lexington 3.28
McCook 3.27
Brownville, Waverly 3.26
Greenwood, Manley, Murdock 3.24
Merna 3.18

US No 2 Yellow Grain Sorghum: 5.16-5.70 23 to 25 lower.
Superior 5.70
Dorchester 5.64
Plymouth 5.55
Beatrice 5.52
Hastings 5.50
Grand Island 5.41
Waverly 5.20
Holdrege, McCook 5.16

US No 1 Yellow Soybeans: 8.98-9.62 6 to 14 lower.
Omaha-Co. Bluffs 9.55-9.62
Nebraska City 9.50
Superior 9.37
Hastings 9.31
Dorchester, Plymouth 9.30
Waverly 9.29
Beatrice, Greenwood, Lexington, Manley, Murdock 9.28
Belgrade, Columbus, Duncan, Osceola, Tarnov 9.27
Brownville 9.26
Elm Creek, Silver Creek 9.24
Grand Island 9.21
Holdrege, Wayne 9.17
McCook 9.08
Imperial 9.03
Merna 8.98

COLORADO
Greeley, Co Fri Oct 30, 2009 USDA-CO Dept of Ag Market News

CO/NE/WY Elevator Afternoon Grain Bids

Cash grain bids to farmers delivered to country elevators for Corn
and Wheat per bushel; and Sorghum, Millet, and Sunflowers per cwt.
as of 3:00 pm. Oct 30, 2009.

US 1 Hard Red Winter Wheat Ordinary Protein: mostly 9 lower.

Current New Crop
Northwest Colorado range 3.04
Craig

Northcentral Colorado range 3.77-4.02
Greeley 3.77
Bennett/Roggen/Byers 4.02

Northeast Colorado range 3.79-3.92
Flemming/Haxtun/Holoyke/Amherst/
Julesburg/Paoli/Peetz 3.79-3.91
Yuma/Wray/Brush/Akron/Otis/Anton 3.83-3.92

Eastcentral Colorado range 3.82-4.03
Cheyenne Wells 4.03
Limon/Seibert/Burlington/Genoa/Hugo/Arriba/
Flager/Bethune/Stratton 3.82-3.89

Southeast Colorado range 4.01-4.19
Lamar/Holly/Vilas/Campo/Wiley/Springfield/
Haswell

Southcentral Colorado range 3.15
Monte Vista

Southwest NE and Southeast WY range 3.92-3.99
Venango/Chappell/Big Springs/Brule 4.92-3.99
Kimball/Pine Bluffs/Sidney/Brownson/Potter/
Huntsman 3.92-3.99

US 2 Yellow Corn: mostly 14 lower.

Northcentral Colorado range 3.29-3.66
Greeley/Eaton 3.29-3.66
Roggen/Byers 3.51

Northeast Colorado range 3.21-3.48
Flemming/Haxtun/Holoyke/Amherst/
Julesburg/Paoli/Peetz 3.36-3.48
Yuma/Wray/Brush/Otis/Anton 3.21-3.41

Eastcentral Colorado range 3.07-3.21
Cheyenne Wells 3.14
Limon/Seibert/Burlington/Genoa/Hugo/Arriba/
Flager/Bethune/Stratton 3.07-3.21

Southeast Colorado range 3.31-3.46
Lamar/Holly/Vilas/Campo/Wiley/Springfield

Southwest NE and Southeast WY range 3.31-3.46
Venango/Chappell/Big Springs/Brule 3.33-3.36
Kimball/Pine Bluffs/Sidney/Potter 3.31-3.46

US 2 Yellow Sorghum: mostly 23 to 25 lower.

Southeast Colorado range 4.93-5.10
Lamar/Holly/Vilas/Campo/Wiley/Springfield

US 1 Yellow Soybeans: mostly 7 to 8 lower.

Southwest NE range 9.03
Venango/Chappell/Big Springs/Sidney/Potter

White Millet

Colorado/SW NE/SE WY range 4.75-6.00
mostly 5.50

Sunflowers

Colorado/SW NE/SE WY range 11.25-14.00

Source: USDA-CO Dept of Market News, Greeley, CO

HAY PRICES COURTESY OF USDA AGRICULTURAL MARKETING SERVICE

Colorado Hay Report

Compared to last week: All classes remain mostly steady, with a slight
weakness noted. An increase in movement was noted, mostly in the Southwest
region. Dairy quality alfalfa continues to be in short supply; all other
grades are in adequate supply. Northeast producers were concerned about
several fields in wind rolls covered with snow. However, all other regions
moisture was minimal. Trade activity moderate. Demand moderate to good. If
you have hay for sale or need hay, use the services of the Colorado Hay and
Forage Association website: ttp://www.coloradohay.org/.
State wide snow pack figures are below the average this week. These figures could increase next week after mid-week snow storms dumped 1 to 2 feet of new snow in most of the central and northwestern parts of the state.
The state average was 77 percent. Yampa and White 73 percent, Colorado 72 percent, North Platte 130 percent, South Platte 110 percent, Arkansas 138 percent, Upper Rio Grande 98 percent, Gunnison 54 percent and (San Miguel, Dolores, Animas, San Juan) 36 percent.

Quoted prices are dollars per ton and FOB stack unless otherwise noted.
FOB relates to prices of hay at the edge of field or at the stack. Delivered prices relate to final cost of hay delivered to user including freight to the dairy, feedlot, broker, auction, or ranch. Delivered prices include all transportation and handling fees, which vary based on distance of haul and other factors. Ground and delivered prices include cost of processing as
well as delivery to the feedlot or Dairy. Prices are from the most recent sales.

Northeast Colorado Areas
Alfalfa: Supreme: Large Squares 120.00-140.00 Del; Small squares 210.00
(7.00 per bale). Premium: Large Squares 110.00-136.00 Del, Small Squares
180.00.00-200.00 (5.00-6.50 per bale). Good: Large Squares 90.00-100.00 Del;
Small Squares 120.00-160.00 (3.75-5.00 per bale). Fair: Large Squares 80.00-85.00, 85.00-105.00 Del, Small Squares 120.00 (3.00-4.00 per bale). Utility:Large Squares 60.00-80.00 Del.
Alfalfa/Grass Mix: Premium: Small Squares 160.00-200.00 (4.00-7.00 per bale). Good: Large Squares 120.00, 127.50 Del. Fair: Large Squares 100.00 Del.
Grass: Premium: Large Squares 135.00-145.00 Del, Small Squares 225.00-250.00 (6.50-7.50 per bale). Good: Large Squares 110.00 Del, Small Squares 135.00-165.000 (3.75-5.00 per bale). Fair: Large Squares 75.00-100.00 Del,Round Bales 95.00 certified.
Straw: Large Squares 55.00; 60.00 Del, Certified 70.00 Del.
Oat Hay: low quality Large Squares 60.00-65.00 Del.
Corn Stalk: Large Squares 40.00-50.00 Del.
Sorghum: Large Squares 55.00-60.00 Del.
Millet: Large Squares 45.00.

Southeast Colorado Areas
Alfalfa: Good: Large Squares 140.00, Small Squares 150.00 (4.50 per bale). Fair: Large Squares 100.00-135.00. Utility: Large Squares 85.00-100.00, 115.00-130.00 Del. Ground and Delivered 120.00.
Grass: Premium: Small Squares 175.00 (4.75-5.00 per bale).
Sorghum: Large Squares 75.00.

San Luis Valley Area
Alfalfa: Supreme: Large Squares 130.00-160.00, mostly 140.00; Small Squares 220.00 (7.00 per bale). Premium: Large Squares 120.00-130.00, Small Squares 155.00-180.00 (4.50-5.00 per bale). Good: Large Squares 100.00-110.00. Fair: Large Squares 100.00.
Alfalfa/Grass Mix: Premium: Large Squares 150.00. Good: Large Squares 135.00.
Grass: Premium: Large Squares 125.00.
Oat Hay: Larges Squares 80.00, Small Squares 100.00 (3.50 per bale).

Southwest Colorado Areas
Alfalfa: Supreme: Large Squares 120.00-130.00. Premium: Large Squares
115.00-120.00, Small Squares 215.00 (6.00 per bale). Good: Large Squares
110.00-115.00. Fair: Large Squares 95.00-110.00. Utility: Large Squares
70.00-80.00.
Alfalfa/Grass Mix: Premium: Large Squares 130.00-150.00. Good: Large Squares
130.00. Fair: Large Squares 100.00-115.00.
Grass: Premium: Large Squares 165.00, Small Squares 195.00-230.00 (6.25-7.50 per bale).
Oat Hay: Large Squares 125.00.

Mountains and Northwest Colorado Areas
Alfalfa: Premium: Large Squares 150.00, Small Squares 160.00-190.00 (5.00-5.50 per bale). Good: Round Bales 85.00-90.00. Fair: Round Bales 70.00-80.00.
Alfalfa/Grass Mix: Premium: Small Squares 160.00 (5.00-5.25 per bale).
Grass: Premium: Large Squares 150.00-160.00, Small Squares 180.00-185.00 (4.75-5.00 per bale). Good: Large Squares 100.00-120.00, Small Squares 160.00-165.00 (4.25-5.50 per bale). Fair: Large Squares 80.00-100.00, Small
Squares 125.00 (4.00 per bale); Round Bales 60.00-80.00.

Contracted Hay, Haylage, and Corn Silage
Northeast Colorado Areas
FOB/Del Total Price Tons Hay Type Bale Size RFV/DM/NEL
Del 120.00 1-4 Cut Alfalfa 4X4X8 180 +
Del 105.00 1-4 Cut Alfalfa 4X4X8 150-160
Del 80.00-90.00 1-4 Cut Alfalfa 4X4X8 Grinder
Del 50.00 15000 Corn Stalks 4X4X8
Standing 24.00 Corn Silage
Standing 17.00 6000 Sorghum Silage

Southeast Colorado Areas
FOB/Del Total Price Tons Hay Type Bale Size RFV/DM/NEL
FOB 150.00 4000 Alfalfa 3x4x8 Grinder
Del 115.00 250 Alfalfa 4X4X8 Grinder

San Luis Valley
FOB/Del Total Price Tons Hay Type Bale Size RFV/DM/NEL
FOB 130.00-135.00 1-3 Cut Alfalfa 4X4X8 180-200

Contracts are not indicative to other regions of the state and do not
pertain to the cash market. The term “Season” Means that as long as the hay
meets the contract requirements the buyer takes delivery on every cutting in
that particular year. All contracts are marketed on a per ton basis. Prices
figured on a per ton basis or a per point basis (.xx times the RFV).
* – When priced on a per point basis.
* – NEL basis for corn silage

Haylage is based on 88 percent dry matter. Haylage formula most often
used (Haylage wet ton x percent dry matter/88 percent = 12 percent baled
hay). Haylage to be cut on an approximate 28 to 32 day cutting rotation.
Quoted standing in the field.

Corn Silage 30-32 percent dry matter. Based at .70 to .72 net energy for
lactation (NEL). Silage can be quoted standing in the field or delivered to
the pit.
** All information is a basis for every contract and applies unless otherwise
stated**

Alfalfa guidelines (domestic livestock use and not more than 10 pct grass)
Quality ADF NDF RFV TDN-100 pct TDN-90 pct CP
Supreme <27 <34 >185 >62 >55.9 >22
Premium 27-29 34-36 170-185 60.5-62 54.5-55.9 20-22
Good 29-32 36-40 150-170 58-60 52.5-54.5 18-20
Fair 32-35 40-44 130-150 56-58 50.5-52.5 16-18
Utility >35 >44 <130 <56 <50.5 <16

RFV calculated using the WI/MN formula. TDN calculated using the western
formula. Quantitative factors are approximate and many factors can affect
feeding value. Values based on 100 pct dry matter.

Quantitative factors are approximate, and many factors can affect feeding
value. Values based on 100 pct dry matter. End usage may influence hay
price or value more than testing results.

Grass Hay guidelines
Quality Crude Protein Percent
Premium Over 13
Good 9-13
Fair 5-9
Utility Under 5

NEBRASKA/IOWA

Nebraska/Iowa Hay Summary - Week Ending Oct 30, 2009

All sales FOB point of origin per ton unless otherwise stated.

NEBRASKA:
Compared to last week limited sales trending mostly steady. Demand
And trade activity very light. Ground and delivered hay trading steady.
Pellet sales steady, with light demand and trade activity.

Northeast Nebraska: Alfalfa: Ground and Delivered to feedlots
75.00-95.00. Dehydrated alfalfa pellets, 17 percent protein:
183.00-185.00.

Platte Valley of Nebraska: Alfalfa: Good Round Bales 80.00-85.00; Fair
Round Bales 65.00-75.00. Grass: Large Square Bales 105.00-110.00; Good
Round Bales 80.00-85.00. Ground and Delivered to feedlots 95.00-100.00.
Dehydrated Alfalfa Pellets, 17 percent: 175.00-180.00.

IOWA: South Central/North Central IA (Private treaty):
Compared to last week, light trade activity trending mostly steady.
Demand was light to moderate.

Alfalfa: Small Squares 200.00-225.00. Large Rounds Premium 110.00-125.00,
Good 55.00-65.00.

=======================================================================
Table 1: Alfalfa guidelines (for domestic livestock use and not more
than 10% grass)

Quality ADF NDF *RFV **TDN-100% **TDN-90% CP
Supreme <27 <34 >185 >62 >55.9 >22
Premium 27-29 34-36 170-185 60.5-62 54.5-55.9 20-22
Good 29-32 36-40 150-170 58-60 52.5-54.5 18-20
Fair 32-35 40-44 130-150 56-58 50.5-52.5 16-18
Utility >35 >44 <130 <56 <50.5 <16

*RFV calculated using the Wis/Minn formula.
**TDN calculated using the western formula.
Quantitative factors are approximate, and many factors can affect
feeding value. Values based on 100 % dry matter (TDN showing both 100%
& 90%). Guidelines are to be used with visual appearance and intent of
Sale (usage).
=======================================================================
Table 2: Grass Hay guidelines

Quality Crude Protein Percent
Premium Over 13
Good 9-13
Fair 5-9
Low Under 5

Quantitative factors are approximate, and many factors can affect
feeding value. Values based on 100% dry matter. End usage may influence
hay price or value more than testing results.
=======================================================================
Hay Quality Designations physical descriptions:

Supreme: Very early maturity, pre bloom, soft fine stemmed, extra
leafy. Factors indicative of very high nutritive content.
Hay is excellent color and free of damage.

Premium: Early maturity, i.e., pre-bloom in legumes and pre head in
grass hays, extra leafy and fine stemmed-factors indicative of
a high nutritive content. Hay is green and free of damage.

Good: Early to average maturity, i.e., early to mid-bloom in legumes
and early head in grass hays, leafy, fine to medium stemmed,
free of damage other than slight discoloration.

Fair: Late maturity, i.e., mid to late-bloom in legumes, head-in
grass hays, moderate or below leaf content, and generally
coarse stemmed. Hay may show light damage.

Utility: Hay in very late maturity, such as mature seed pods in legumes
or mature head in grass hays, coarse stemmed. This category
could include hay discounted due to excessive damage and heavy
weed content or mold. Defects will be identified in market
reports when using this category.

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