Basin Business Journal commodity report for May 2023

by Staff report
| May 20, 2023 2:31 PM

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

Traded Commodities

CommodityApril 17May 19
Corn (bushel)$6.7225$5.5450
Wheat SRW (bushel)$6.9275$8.24245
Feeder Cattle (pound)$2.0468$2.0627
Live Cattle (pound)$1.75425$1.6573
Lean Hogs (cents per pound) 78.7883.03
Random Length Lumber 1,000 board feet)$399.90NO QUOTE
Soybean Oil (cents per pound)55.0247.27
Nonfat Dry Milk (pound)$1.16$1.16

Source: Yahoo Finance, Chicago Mercantile Exchange

Columbia Basin/Yakima Valley/Wenatchee spot prices

CommodityApril 17May 19
Red Delicious Apples, Extra Fancy (40-lb carton, 64s)$28.95-$30.95$27.95-$30.95
Grapes, large Chilean white seedless @ Port of Los Angeles (18 lbs)$28.95-$30.95$27.95-$30.95
Grapes, large Chilean red seedless @ Port of Los Angeles (18 lbs)$34-$36NO QUOTE
Yellow Hybrid Onions, medium (50 lbs)$7-$8NO QUOTE
White Onions, medium (50 lbs)NO REPORTNO REPORT
Russet Norkota Potatoes, 70s (50 lbs)$30-$32$31-$32

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

Columbia Basin Hay Prices for week ending May 12:

Premium/Supreme Alfalfa (ton): $300

Good/Premium Alfalfa (ton): $260

Utility/Fair Alfalfa (ton): $203.75

Utility/Fair Timothy grass (ton): $150

Source: USDA Washington-Oregon Direct Hay Report