Plains Edition USDA Information 3-31-12 |

Plains Edition USDA Information 3-31-12

Nebraska Crops/Weather summary

Week Ending March 26, 2012

To date for the month of March 2012, temperatures averaged 8 degrees above normal for the Panhandle, 12 degrees above normal for the middle third of the State and 14 degrees above normal for the eastern third, according to USDA’s National Agricultural Statistics Service, Nebraska Field Office. Precipitation was limited until the third week of March with amounts of an inch or more falling in Southeastern counties. However, little or no rain was recorded in Panhandle counties and for most of the state, precipitation for the month was below normal. Winds have dried soils leaving topsoil moisture short or very short in about half the State. Driest conditions were recorded in Northeastern counties. During the last week of the month, soil temperatures ranged from 50 to 57 degrees. The coolest soils were in the Panhandle. Soils across much of the eastern third were above the 55 degrees needed for germination of corn; however, only isolated fields had been planted to date. Marketing grain, preparation for spring planting and livestock care were the main activities during the month. Wheat condition continued well above year ago levels. Due to the mild conditions, most feed supplies are adequate. Cattle and calves are in good to excellent condition and calving was progressing well with the above normal temperatures.

Temperatures averaged 12 degrees above normal for the month. Highs were recorded in the 80’s while lows were mainly in the upper 20’s and 30’s. The second week saw temperatures spike to over 20 degrees above normal across the state.

Field Crops Report

Wheat conditions statewide rated 1 percent very poor, 3 poor, 25 fair, 64 good, and 7 excellent, well above 40 percent good to excellent last year. Hay and forage supplies rated 1 percent very short, 5 short, 88 adequate and 6 surplus, near year ago levels.

Livestock, Pasture, and Range Report

Pasture and range conditions rated 2 percent very poor, 3 poor, 25 fair, 64 good, and 6 excellent, above year ago levels.

National Slaughter Cattle Summary

Week Ending March 16, 2012

Compared to last week slaughter cattle sold steady to 1.00 higher with dressed cattle in Nebraska 1.00-2.00 higher. Cattle futures gained a little early in the week and gave it back on Friday. Boxed beef prices Friday morning averaged 187.48 down 1.45 from last Friday. The Choice/Select spread is at 1.84. Slaughter cattle on a national basis for negotiated cash trades through Friday afternoon totaled about 140,930 head. Last week’s total head count was 107,707.

Midwest Direct Markets:

Live Basis: Steers and Heifers 35-80 Percent Choice

1200-1400 lbs: 127.00-128.00

Dressed Basis: Steers and Heifers: 202.00-204.00

South Plains Direct Markets:

Live Basis: Steers and Heifers 35-65 percent Choice

1100-1400 lbs: 126.00-127.00

Slaughter Cows and Bulls (Average Yielding Prices):

Slaughter cows and bulls steady to 3.00 lower. USDA’s Cutter cow carcass cut-out value Friday morning was 171.47 up .58 from last Friday.

Prices paid for average dressing:

%Lean Weight Colorado Oklahoma

Breakers 75-80% 1000-1600 83.75-89.50 84.00-87.00

Boners 80-85% 1000-1600 82.50-88.00 82.00-86.00

Lean 85-90% 1000-1400 82.00-87.00 84.00-89.00

Bulls 88-92% 1200-2300 95.50-102.00 104.00-109.00

Omaha afternoon wheat, corn, oats & soybeans

Monday, March 21, 2012

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. Thursday, March 29, 2012.

US No. 1 Hard Red Winter Wheat 5.64-6.34

US No. 2 Yellow Corn 5.74-5.97

US No. 2 Yellow Grain Sorghum 9.50-10.16

US No 1 Yellow Soybeans 12.47-13.17

March 2012 Monthly Prices:

Low High Average

US No. 1 Winter Wheat 5.64 6.34 5.50

US No. 2 Yellow Corn 5.74 5.97 5.84

No. 2 Yellow Grain Sorghum 9.50 10.16 9.92

US No. 1 Yellow Soybeans 12.74 13.17 12.84

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