Midwest Hog and Sheep Prices Report in Cedar Rapids Waterloo
Hogs traded up to 50 cents higher with Cedar Rapids bids at 40.50 to 41.50 and Waterloo at 40.50 to 41.00. Sheep held steady with Cedar Rapids ranges 40 to 43 and 43 to 45 for shorn. Wilson Foods quoted hogs 40.50 to 41.50 and offered discounts on lightweights and heavier butchers. Buying hours 7 to 10 a.m. Mon through Fri. Bath Packing Co in Waterloo posted 40.50 to 41.00 Hog prices Friday, up 25 cents from Thursday.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Waterloo
Wilson Foods
Wilson
Wilsons
Bath Packing Co
cHicaco Board OF Trade
Jiy
CBOT
Chicago Upi
Chicago Mercantilesxeneeoe
Ibs
Jon Mor
Grain and livestock price movements in Cedar Rapids market
Friday prices for No 2 corn and yellow soybeans fell on several crops while new crop values rose or held. white corn was lower. Livestock and eggs reports show steady to modest movement with hogs in demand and mixed beef and pork quotes. farm egg prices unchanged with moderate demand and export packing.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Federal State Market News Service
Livestock Friday Market Report On Cattle And Hogs
Cattle sales failed to establish a market trend with insufficient volume. Hog trading showed activity with borrows and gifts trading 1.00 to 1.25 higher. No 1 2 210 240 lb cattle quoted 43.50 to 44.00. No 1 3 200 250 lb cattle 42.25 to 43.00.
Chicago Produce and Bulk Prices Friday Report
USDA bulk selling prices steady Friday with unchanged deliveries. Eggs retail prices quoted for Grade A Large Medium and Extra Large. wheat corn oats soybeans barley and feeding prices listed with nominal N and basis unchanged.
MENTIONED IN THIS ARTICLE
USDA
Chicago
Livestock Friday Hogs Prices Span Wide Ranges At Market
Hogs traded active Friday with bids mostly 50 cents higher for some weights. No 1 2 hogs at 200 to 240 pounds ranged 43.50 to 44.00, 240 to 250 pounds at 43.00 to 43.50, and 280 to 300 pounds around 40.50 to 41.50. sows steady to higher. Cattle and calves were too light for market test. another report notes hogs at 500 head with firm to lower action and demand improving.
Bankruptcy petition filed stalls grain dealer license
DES MOINES The Iowa State Commerce Commission defers ruling on B and G Feed and Grain of Lisbon after the firm filed for federal bankruptcy in Cedar Rapids. An agreement requires posting 50 000 additional grain dealer bonds while financial statements are prepared, with statements due Monday. The commission had suspended the licenses on December 11 due to net worth concerns.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa State Commerce Commission
Lisbon
Cedar Rapids
B and G Feed and Grain of
ICC
B and G
Federal Bankruptcy Court
Commission
Block to speak at Beef Expo in Des Moines
Agriculture Secretary John Block will address the Iowa Winter Beef Expo on February 15 at the Iowa State Fairgrounds. He will also present the Iowa Seedstock Producer of the Year award to Marvin Nichols of Ankeny, a Charolais breeder, during the event running February 13 to 18.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
John Block
Iowa
Block
Marvin Nichols
Ankeny
Nichols
Iowa State Fairgrounds
Iowa Beef Breeds Council
Iowa Cattlemen's Association
Grain chartist predicts rally despite public doubt at Cedar Rapids seminar
Grain chartist Leroy Louwagie told a Union Carbide seminar in Cedar Rapids that 5 percent of farmers believed prices would cover costs, then forecast cash corn rising to 2.70 to 2.90 by mid summer and soybeans rallying 1 to 1.50. He urged selling late in even years and cited a wide basis as a peak signal while advising cash-flow first and staged sales for next year.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Louwagie
Union Carbide
Longbranch
Alan Kluis
Ag Marketing Services, Inc
Mankato
Minn
Farmers warn of food lines without aid to farmers
Farmers at the American Agriculture Movement convention urged federal action to raise prices and curb loan costs, warning of food lines nationwide if Congress delays. Marvin Meek cited 32 percent of farmers with no equity, a trillion dollars short of parity since 1950, and projected up to 700,000 farm closures.
MENTIONED IN THIS ARTICLE
ST. Louis
America
Congress
Marvin Meek
American Agriculture Movement
Association
Chase Park Plaza
Meek
Longview
Texas
Iowa Farm ers Union opposes set aside without $3 corn loan
Iowa Farmers Union president Peter Croghan urged a moratorium on Farmers Home foreclosures and called to raise corn loan levels to at least $3 a bushel. He criticized a proposed federal set aside as too weak and urged protection for troubled farmers amidst low prices.
MENTIONED IN THIS ARTICLE
al Swegle
Des Moines
Iowa Farmers Union
Farmers Union
Reagan
Farmers Home Administration
Peter Croghan
Woodbine
U.S. Agriculture
John Black
Iowa
Gazette
Croghan
Office of Management and Budget
the Gazette
State
Farmers Home
Bob Pim
Crogham
Farmers sue county over crop damage in manhunt
Two Iowa farmers William Irvine of Black Hawk County and Robert Forbes of Tama County filed suit against Black Hawk County seeking unspecified damages. They allege law enforcement officers damaged their cornfields with detasseling machines during a manhunt for James Michael Taylor, later convicted of two counts of first degree murder in the killings of Waterloo officers Michael Hoing and Wayne Rice. A separate item notes Linn County 4-H names Wendy Brock as youth leader effective March 1, succeeding Barb Beermann who left in August to return to Missouri.
MENTIONED IN THIS ARTICLE
Waterloo
Iown
Black Hawk County
William J. Irvine
Tama County
Robert Forbes
James Michael
T-Bone” Taylor
Taylor
Michael Hoing
Wayne Rice
Wendy Brock
Penn Yan
N.Y
Yates County
Barb Beermann
Beermann
Missouri
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C.R. Grain
Pro Farmer Grain
U.S. West North Central States
HOGS
Iowa Regional Grain
Sioux City
Interior Lowa
Iowa Department of Agriculture
N-central
S-east Esos
Joliet
Omaha
Webster City
Expo
Tom Zimmerman
Leroy Louwagie
Associated Press
Poland
Washington, D.C
Union
Linn County
THE
Town House Motor Inn
Aspen Room
First Avenue SE
PRO
Investors Diversified Services
Investors Diversified Service, Inc
3Rd St. SE