Basin Business Journal commodity report for June 2023

by Staff report
| June 23, 2023 1:00 AM

Here's how agricultural commodity prices have changed in the last month:

Traded Commodities

CommodityMay 17June 23
Corn (bushel)$5.5450$8.6547
Wheat SRW (bushel)$8.24245$7.11
Feeder Cattle (pound)$2.0627$2.315
Live Cattle (pound)$1.6573$1.70925
Lean Hogs (cents per pound)83.03¢91.125
Random Length Lumber 1,000 board feet)NO QUOTENO QUOTE
Soybean Oil (cents per pound)47.27¢58.55
Nonfat Dry Milk (pound)$1.16$1.16

Source: Yahoo Finance, Chicago Mercantile Exchange

Columbia Basin/Yakima Valley/Wenatchee spot prices

CommodityMay 19June 23
Red Delicious Apples, Extra Fancy (40-lb carton, 64s)$27.95-$30.95$26.95-$32.40
Grapes, large Chilean white seedless @ Port of Los Angeles (18 lbs)$27.95-$30.95$25.95-26.95
Grapes, large Chilean red seedless @ Port of Los Angeles (18 lbs)NO QUOTENO QUOTE
Yellow Hybrid Onions, medium (50 lbs)NO QUOTENO QUOTE
White Onions, medium (50 lbs)NO REPORTNO REPORT
Russet Norkota Potatoes, 70s (50 lbs)$31-$32$31-$32

Source: USDA Agricultural Marketing Service National FOB Report, National Potato and Onion Report

Columbia Basin Hay Prices for week ending June 16:

CommodityMay 19June 16
Premium/Supreme Alfalfa (ton)$300$235
Good/Premium Alfalfa (ton)$260$215
Utility/Fair Alfalfa (ton)$203.75$180
Utility/Fair Timothy grass (ton)$150$325
Premium Orchard grass (ton)NO REPORT$365

Source: USDA Washington-Oregon Direct Hay Report