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Commodity Report

Today’s commodity report: California Weekly Hay, Direct Feeder Cattle Review, California Shell Eggs: Daily Egg Report, Shell Eggs: Daily National Egg Market and other commodity end of the day market numbers.

California Weekly Hay

Compared to last week: All classes traded steady with moderate demand. According the U.S. Drought Monitor, the NWS 6- to 10-day outlook for March 28 – April 1 calls for near- to above-normal temperatures and precipitation over most of the nation, with cooler-than-normal conditions confined to northern New England and drier-than-normal weather limited to California and southern Florida. Check ending market prices. →

pacific region cattle feedCattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.8 million head on March 1, 2017. The inventory was slightly above March 1, 2016.

Placements in feedlots during February totaled 1.69 million head, 1 percent below from 2016. Continue reading

Pacific Region Commercial Slaughter

Pacific region livestock
California’s production of red meat during February 2017 totaled 114 million pounds (dressed weight), slightly above than February 2016. This figure includes slaughter in Federally-inspected and state-inspected plants, but excludes farm slaughter. In February 2017, the average live weight of cattle slaughtered in California was 1,307 pounds, calves averaged 91 pounds, sheep and lambs averaged 148 pounds, and hogs averaged 257 pounds. In Hawaii, 700,000 pounds of red meat were produced in February 2017, and 100,000 pounds of red meat were produced in Nevada. Continue reading

United States and Canadian Cattle Inventory Up 2 Percent

All cattle and calves in the United States and Canada combined totaled 106 million head on January 1, 2017, up 2 percent from the 104 million head on January 1, 2016. All cows and heifers that have calved, at 45.3 million head, were up 2 percent from a year ago. Continue reading

Dairy Product
January 2017 Highlights

Total cheese output (excluding cottage cheese) was 1.04 billion pounds, 3.7 percent above January 2016 but 1.2 percent below December 2016. Continue reading

Extra long staple cotton consumed on the cotton system was 1.32 million pounds in January 2017, down 2 percent from December 2016 but up 24 percent from January 2016. January 2017 stocks on hand on the last Saturday of the month totaled 1.23 million pounds up 6 percent from December 2016 but down 18 percent from January 2016. Continue reading

Broiler-Type Eggs Set in the United States Up 2 Percent

Hatcheries in the United States weekly program set 222 million eggs in incubators during the week ending February 25, 2017, up 2 percent from a year ago. Continue reading

January Prices Received Index Decreased 1.6 Percent

The January Agriculture Prices Received Index (Agricultural Production), at 86.4, decreased 1.6 percent from December 2016. At 78.3, the Crop Production Index decreased 3.1 percent. At 96.6, the Livestock Production Index increased 2.3 percent. Producers received lower prices for market eggs, turkeys, tomatoes, and cauliflower but higher prices for cattle, hogs, broilers, and corn. Compared with a year earlier, the Prices Received Index is down 2.9 percent. Continue reading

egg report
January Egg Production Up 9 Percent

United States egg production totaled 9.04 billion during January 2017, up 9 percent from last year. Production included 7.91 billion table eggs, and 1.12 billion hatching eggs, of which 1.04 billion were broiler-type and 87.7 million were egg-type. The total number of layers during January 2017 averaged 376 million, up 5 percent from last year. January egg production per 100 layers was 2,401 eggs, up 3 percent from January 2016. Continue reading

January dairy market report
The January Dairy Market Report is now available. Continued growth in domestic butter and cheese consumption, coupled with further recovery of world prices for skim milk powder and whey, strengthened U.S. milk prices as 2016 drew to a close. The all-milk price hit a high for the first 11 months of the year in November, while the Margin Protection Program (MPP) feed cost was the lowest of all previous months. As a result, the $9.98-per-hundredweight MPP margin for November was the highest for the year up to that point. Continue reading

Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.6 million head on January 1, 2017. The inventory was slightly above January 1, 2016. The inventory included 7.02 million steers and steer calves, down 2 percent from the previous year. This group accounted for 66 percent of the total inventory. Heifers and heifer calves accounted for 3.58 million head, up 5 percent from 2016. Continue reading

California Egg Production

Egg production
California’s egg production during December totaled 302.2 million, up 17 million from November’s production and up 13 million from December 2015. The all layers during the month totaled 12.2 million, up 3 percent from last month, but down 1 percent from December 2015. Eggs per 100 layers during the month were 2,487, compared to 2,426 a month earlier, and 2,346 in December 2015. Continue reading

Tomato Processors Expect to Contract 11.6 Million Tons in 2017

2017 California Processing Tomato Report, tomatoes, food processing
The USDA-NASS Pacific Regional Office surveyed California’s tomato processors for their intended contract acreage and tonnage for the upcoming 2017 season. The data reported by processors was either tonnage with derived acreage, or acreage with derived tonnage. Continue reading

Four straight months of rising milk prices and three straight months of falling feed costs have brought some financial relief to U.S. dairy producers from the tough conditions of early last summer. The average all-milk price moved from $14.50 per hundredweight last May to $17.30 in September, while the monthly Margin Protection Program (MPP) margin formula rose from $5.75 per hundredweight last June to $9.48 in September. The world dairy market and U.S. dairy export outlook also continue to brighten, but rising U.S. milk production is complicating the forecast for the coming year. Continue reading

California milk production dairy
California milk producers had a total of 1.77 million milk cows for October that produced 3.30 billion pounds of milk. Milk production is up 4 percent from September, 2016 and up 2 percent from October 2015. Continue reading

cattle on feed
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.7 million head on November 1, 2016. The inventory was 1 percent below November 1, 2015. Continue reading

usda crop production
Corn: This month’s 2016/17 U.S. corn outlook is for larger production, increased food, seed and industrial (FSI) use and slightly higher prices. Corn production is forecast at 15.226 billion bushels, up 168 million from last month on a 1.9-bushel per acre increase in yield to 175.3 bushels per acre. Global coarse grain production for 2016/17 is forecast 4.9 million tons higher to 1,319.7 million. Continue reading

Big Increases
The USDA-NASS, Pacific Regional Office released the crop production forecast for November. The latest survey showed big increases in harvested acres for corn, cotton and rice.

Corn – Corn for grain harvested acreage is 75 thousand, up 25 percent from last year. The yield forecast of 5.04 tons per acre is up 15 percent from the previous year. Production is expected to total 378 thousand tons, up 43 percent from last year.

CottonUpland cotton harvested acreage is at 65 thousand, which is up 41 percent from 2015. Yield is up 6 percent from October’s forecast, and up 7 percent from last year. The production forecast is at 250 thousand bales, up 52 percent from last year. Pima cotton harvested acreage is at 153 thousand acres and up 32 percent from last year. Yield is unchanged from the October’s forecast, but up 2 percent from last year. Production forecast is at 484 thousand bales, up 34 percent from last year.

Rice – All rice harvested acreage in California is at 559 thousand acres, up 33 percent from last year. The yield forecast is 8,900 pounds per acre and is unchanged from October and up from 8,890 last year. All rice production forecast is at 49.8 million hundredweight for 2016, up 33 percent from the previous year.

Sugar Beets – Harvested acreage is estimated at 25.2 thousand and the yield forecast is 44.2 tons per acre. California sugar beet production forecast is at 1.11 million tons, up 2 percent from the 2015 crop.

Potatoes – Fall potato harvested acreage in California is estimated at 7.9 thousand and the yield forecast is 445 hundredweight per acre. Production forecast is at 3.52 million hundredweight, down less than 1 percent from a year ago.

Sugarcane – Hawaii sugarcane harvested acreage of 14.9 thousand is down 11 percent from the previous year.  The yield forecast is 91.9 tons per acre, unchanged from the October forecast. Production forecast is at 1.37 million tons, up 3 percent from the 2015 crop.

Production forecasts are released on a monthly basis and do not reflect final production estimates. Late summer and fall harvests may change these estimates considerably. The next production forecast will be issued December 9, 2016.

November Crop Production Report. (.pdf)

newly-planted- California almond trees-san-joaquin-valley-farm-watered-with-drip-irrigation
The primary objective of the California Almond Nursery Sales Survey is to estimate future almond acres based on the number of almond trees sold for new plantings.  This report summarizes data supplied by California nurseries throughout the State who sold to almond growers for commercial plantings.  Results from this survey will be used in conjunction with the Almond Acreage Survey to estimate the almond acres in California. Continue reading

Net Exports of Total Red Meat and Poultry To Increase in 2016 and 2017

better times
USDA forecasts for net exports (exports minus imports) of red meat and poultry in 2016 and 2017 show progressive increases, largely due to recovery in the U.S. beef sector and expectations of solid growth in poultry exports. U.S. beef exports are expected to increase by almost 9 percent in 2016 and by almost 7 percent next year, as beef sector recovery continues and U.S. production increases. Continue reading

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