Chicago Futures Trading On The Chicago Mercantile Exchange
Futures activity on the Chicago Mercantile Exchange rose Tuesday as traders watched Board of Trade movements and shifting demands across key contracts.
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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Aug 27, 1986
Page
4
Futures activity on the Chicago Mercantile Exchange rose Tuesday as traders watched Board of Trade movements and shifting demands across key contracts.
Agricultural and metal prices from Eau Claire show cattle and hogs steady to mixed, with steers and heifers at selective quotes. Ferrous scrap and non ferrous metals list varied rates, while paper notes freight and packaging items with range of tonnage and box values.
National Farmers Organization reports statewide dressed beef prices with cull cow values at 75.1, choice at 90, good at 82, bulls 78, fat cattle including choice steers at 94 and good steers with 5 dollars off. Number fours show 12 dollars off for choice heifers 93 and 5 dollars off for good heifers 93.
Milwaukee stockyards report Aug 25 1877 Trade volumes include 700 cattle 400 calves and 100 hogs with most categories steady to higher. Notable prices show choice steers 52 to 56, dairy heifers 40 to 44, sows 300-350 lbs 55 to 57, and feeder pigs 40-70 lbs around 53 to 64 with extreme tops at 57 to 67 for lighter loads.
Final FOB shipping point prices for Aug. on Beetown trade report list 579 calves traded with ranges from 35 to 65 for slaughter calves and 65 to 111 for replacement calves. Ch. steers and heifers priced mainly in 50s to 60s, Holstein steer 51 to 54, cow ranges 36 to 42 for cutter and utility and 33 to 37 for canners. Bulls 45 to 49 with 3 percent shrinkage on morning-delivered fat cattle. Wisconsin potatoes see good carton demand, rest light, market steady.
Belm ont trade day lists 333 head beef steers and 57 59.75 heifers with Holstein steers at 51-56 and butcher cows 33-39.75. Bulls 45-49, vealcalves 30-113. Pigs and hogs priced, bacon cut at 64-65. Morning shrinkage noted on fat cattle. Russet Norgold cartons and potato markets show varied counts and regional prices, including Wisconsin Washington and Idaho figures for sacks and cartons.
Wisconsin prices show steady dairy and cattle markets with Aug 22 exchanges for butter cheese and eggs. Wisconsin and Shelly regions report mixed hogs and feeder cattle with Holstein calves strong. Sparta and Reedsville notes show higher fed cattle demand and steady replacements across categories.
The report lists bid ranges for Cows, Bulls, Fed Cattle, Calves, Hogs, Feeder Cattle, Replacement Calves, Veal Calves, Fat Cattle, Holstein Steers, Dairy Heifers, Sheep, Feeder Pigs, and various grain and egg prices. Noted are August 26 trading figures and a reference line for August 28, 1985 grain and egg prices, with values for Wheat, Corn, Oats, Soybeans, and Eggs, alongside cattle and hog price brackets.
The report lists futures bids for Wheat MPLS 2.57 Corn CHI 1.55 Oats CHI 1.10 and Soybeans CHI 4.68 per cent Aug 25. It shows cash prices for Spring and Winter Wheat, Durum, Rye, Corn, Oats, Barley Morex and Azure, Soybeans No.1 yellow at 5.06, Flax No.1 with no quote, Sunflower seeds 7.00 per cwt, and August 19 Minneapolis feedstuffs per ton prices for soybean meal, linseed meal, meat meal, Wheat bran and middlings plus alfalfa meal dehydration.
Zumbrota Minnesota livestock sale notes Aug 20 and Aug 21 with feeder cattle and fat cattle trading mainly steady to higher. Prices show ranges for 400-600 and 600-800 lb x bred and Holstein cattle, slaughter cows and bulls, and hogs with multiple weight brackets and bids. Trade dates and head counts included.
The Country Today announces a change of address for the Eau Claire office with postmaster contact details. Readers should use 611 S Farwell St P O Box 570 Eau Claire Wisconsin 54702 and call 1 800 472 6650 or 715 834 3471 for inquiries about deliveries and subscription services.
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