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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Apr 10, 1985
Page
4
Apr 8 livestock report lists calf and cattle categories with steady to weak trends. Prices span calves 28 and up for culls, dairy and Holstein replacements 50-80, feeder cattle 45-63, hogs 34-42 and up, cows 33-45, bulls 38-52, and fed cattle 40-58 with various quality grades across Equit TM and Sparta markets.
Alan Buchner of DeForest has been named director of commodity marketing for Equity Cooperative Livestock Sales Association. He will build the slaughter hog forward contracting service and introduce the Benchmark cattle contract, leveraging his UW Madison meat and animal science degree and Fox Valley Tech background.
Market notes show futures for Wheat, Corn, Oats, and Soybeans with April 8 cash prices for Minneapolis and Chicago markets. Spring Wheat No 1 US dark northern at 3.90 to 4.40 depending on protein, Winter Wheat No 1 dark hard red around 3.80, Durum 4.30 to 4.45. Corn No 2 at 2.78, Oats No 1 at 1.70 to 1.76, Barley and various feedstuffs listed, Soybeans No 1 yellow at 6.07 with meal and seed by product prices for Minneapolis per ton displayed.
Cull cow prices steady to 84. Holstein steers at 93 for Choice, 86 for Good. Bulls at 86. Fat cattle Choice steers 96. Good steers down 3 with Number fours 11 off. Choice heifers 93, Good heifers down 3. Call 414-336-3734 for details.
Butter prices show Higher Grade AA at 1.41 percent and Grade A at 1.40 percent with Grade B at 1.38 percent. Cheddar cheese prices list Lower Cheddar barrel at 1.22 percent and 40-lb. blocks at 1.26 with an April 8 exchange date. Wisconsin eggs remain steady with Extra large 57-60, Large 55-58, and Medium 47-50.
Wheat closed strong and spring wheat rose on firm demand from mills and river terminals while corn slid to $2.77 a bushel amid steady river demand. Oats barley soybeans and other feeds posted mixed results with several grains near unchanged and others higher or lower as supply and demand shifted.
Slaughter cattle prices held steady to higher at most Midwest terminals with Peoria exceptions where gains were steeper. Dressed beef prices faced continued pressure while fed cattle finished solid. hog prices mostly lower due to pork pressure, with South St. Paul and Omaha bid levels cited. Slaughter totals: U S cattle 482000, hogs 1.3 million, sheep 104000. Feeder activity mixed as weights and fat cows trended down and feeders firm to higher.
Fluid milk demand remains uneven as 13 Wisconsin tankers moved last week, up from the prior week but down versus a year ago. Seven loads headed to southern Illinois and six to Indiana. CME butter rose while Green Bay Cheese prices fell. Barrels at 1.22 per pound and blocks at 1.26. New CCC support prices show butter at 1.43, nonfat dry milk around 0.84 to 0.85, black cheddar 1.28, and barrel cheese 1.24.
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