LIVESTOCK PRICES

*APY = Annual Percentage Yield

(M) = Minimum deposit for this product

Home mortgages: Rates are linked to size of down payment and loan total. For more information call the individual institution.

The interest rate determines the amount a borrower will pay each year on the outstanding principal of the loan.

On fixed-rate mortgages (fxd.), the lender guarantees one percentage rate for the time the loan is being repaid.

An FHA insured loan is a U.S. Federal Housing Administration mortgage insurance backed mortgage loan which is provided by a FHA-approved lender. To obtain mortgage insurance from the FHA, an upfront mortgage insurance premium (UFMIP) equal to 1.75 percent of the base loan amount at closing is required, and is normally financed into the total loan amount by the lender.

The USDA loan is a U.S. Department of Agriculture loan program that offers 100 percent financing and is based on the individual’s income and the location of the property. The individuals must qualify based on their income, and the property must also be in USDA territory.

A Jumbo loan is a loan amount above $417,000. Below is a sampling of prices from the U.S. Department of Agriculture website www.ams.usda.gov and the Georgia Department of Agriculture website www.agr.state.ga.us online. Below is a sampling of prices from the U.S. Department of Agriculture website www.ams.usda.gov and the Georgia Department of Agriculture website www.agr.state.ga.us online.

CATTLE & BEEF

Georgia Cattle Auction Weekly Review, May 16, 2019

♦ Slaughter Cows, Breaker 75-80 percent: Avg. wt. — 1,502, Avg. price — 55.91.

♦ Slaughter Cows, Boner 80-85 percent: Avg. wt. — 1,141, Avg. price — 57.52.

♦ Slaughter Cows, Lean 85-90 percent: Avg. wt. — 1,002, Avg. Price — 50.71. ♦ Slaughter Bulls: Avg. wt. — 1,301, Avg. Price — 83.95.

♦ Feeder Steers, Medium and Large: Avg. wt. — 720, Avg. Price — 126.65. ♦ Feeder Heifers, Medium and Large: Avg. wt. — 838, Avg. Price — 109.06. ♦ Feeder Bulls, Medium and Large: Avg. wt. — 677, Avg. Price — 132.99.

♦ Bred Cows, Medium and Large: Avg. wt. — 1,268, Avg. Price — 1,010.09.

♦ Cow-Calf Pairs, Medium and Large: Avg. wt. — 1,140, Avg. Price — 976.97.

CHICKEN Broiler/Fryer: National Broiler Market at-a-Glance

For May 17:

Whole broiler/fryer prices are generally steady at best for 3.5 lbs. and up birds and firm on smaller sizes. Supplies are in close balance and moving well for small birds and moderate to heavy on larger birds. Demand into retail and food service channels ranged light to moderate some instances good in the Western region. Floor stocks are adequate for current needs. Market activity is slow to moderate. In the parts structure, tenderloins are steady at best and bone-in breasts are about steady. The market on dark items is steady to firm with drums and boneless, skinless thighs showing a bulk of the firmness. Offerings of dark meat items are light to moderate with thighs, thigh meat, legs and leg quarters are in the better balance; tenders and wings are sufficient and boneless, skinless breasts are moderate to heavy for current needs. Market activity is slow to moderate. In production areas, live supplies are moderate at mostly desirable weights.

SOURCE – USDA Livestock, Poultry & Grain Market News Division, Atlanta, GA 404-562-5850, email: Atlanta.lpgmn@ ams.usda.gov