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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Apr 24, 1985
Page
4
The market report covers Cows to Bulls and Fed Cattle with steady to higher trends for feeders and Holsteins, detailing prices for Utility to Commercial cattle, veal calves, replacement calves, and hogs by weight ranges. Notable notes include April 16 and 22 trade references, with strong high-yield cows and varied beef and dairy values across categories.
Market report lists price ranges for veal calves, fat cattle, Holstein steers, cows, bulls, sheep, feeder pigs, hogs, replacement calves, dairy heifers, fed steers and heifers, slaughter cows, calves veal and feeder bulls. Midwest and Milwaukee sale notes include volumes and recent trend indicating slight rises in some categories.
Rep. Gunderson proposes eliminating the farm products exemption to ensure clear title for agricultural commodities and curb double payments. Backing comes from Farm Bureau, Livestock Marketing, Meat Institute, Livestock Processors and Packers, Cattlemen, and Feed Manufacturers. Lenders would use notices to protect security. buyers would be alerted to liens.
April 22 cash prices show spring wheat No 1 dark northern at 3.91 for 13 percent and 14 percent at 4.12 and 15 percent at 4.421. Winter wheat No 1 dark hard red 12 percent 3.78. Durum 4.22-4.45. Rye No 2 2.35. Corn No 2 2.76. Oats No 1 1.71-1.83. Barley Morex 2.50-2.60 Glenn 2.45-2.50. Feed No 3 or better 2.05. Soybeans No 1 yellow 5.95. Flax No 1 7.35. Sunflower seeds 12.70 per cwt. Feedstuffs April 16 Minneapolis per ton Soybean meal 44% 121.30 Soybean meal 47% 135.30 Linseed meal 34% 81.00 Meat meal 50% 132.50 Brewers dried grains quote Wheat bran 49.00 Wheat middlings 47.00 Alfalfa meal dehydrated 84.00
Wisconsin reports unchanged butter prices at Grade AA 1.4112 and Grade A 1.41 with Grade B 1.40. Cheddar barrel cheese at 1.22 percent and 40-lb blocks at 1.26 on April 22 exchange date. Eggs steady with extra large 54-57, large 52-55, medium 47-50.
The dollar softened late in the week ending April 19 aiding wheat and soybeans to recover from earlier declines though domestic and export demand remained slow. Interior river barge shipments rose to 5.8 million bushels, corn and soy markets were generally quiet with mixed prices. Chicago May futures and local bids fluctuated while export tender activity remained weak.
Direct hog trade in Iowa and Southern Minnesota held steady while Illinois and Indiana moved up to 50 cents. Western terminals saw hogs mostly 25 cents lower, with South St. Paul firm to 50 cents higher on barrows and gilts over 250 pounds. Slaughter cattle prices fell across markets, steers and heifers down 50 cents to 3 dollars, with cows and bulls mixed.
Madison Twenty three spot loads of Wisconsin whole fluid milk were shipped interstate during the week ending April 18 up from 16 loads last week and 19 in the comparable week of 1984. Of the shipments 16 went to Indiana and 7 to Illinois. Bottling demand was irregular with one plant closed due to a Salmonella outbreak. Another bottler added supplies to cover the closed plant while handlers in Order 30 and other orders picked up slack. Overall fluid demand in the Chicago area is down and Class I utilization may fall as manufacturing milk demand stays soft amid weak cheese sales and larger patron intakes. Plants run long schedules.
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