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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Dec 16, 1981
Page
2
livestock prices steady to mixed with cattle and hogs gaining up to 50 cents. Steers as high as 58 per hundredweight for Holsteins and 56-58 for Choice cattle. Slaughter cows up to 11.50 higher, feeders steady, calves and replacement calves varied with Holstein prices 65-95 and heifer calves up to 167.
The USDA Livestock Market News reports sharp declines last week at South St. Paul with steers down 2 to 3 dollars, heifers a dollar lower, cows 3 lower, bulls 2 to 3 lower, feeders 5 lower, hogs 1 1/2 to 2 lower, and lambs dropping 6. Feeder cattle receipts totaled 4000 with No 1 steers at up to 60.75 and Holstein feeders 40 to 47.75. sows and veal calves also eased or held steady amid a broad price slide across classes.
Market quotations list cattle types with price ranges for cows bulls calves and fed cattle plus grain eggs butter potatoes and hogs. Notable figures include springing Holstein heifers 900 to 1300 dollars and butter Grade AA at 1 48 to 1 49 per pound.
Prices quoted by Max Phillips and Sons for both ferrous and non ferrous scrap items. Market shows mixed activity with steel and iron scrap ranging from 20 to 52 per ton depending on item, aluminum from 11 to 16 per hundredweight, and various boxed and boxed-in items priced per hundredweight or each. Net ton equal 2000 pounds. Prices subject to market condition date of sale.
Dec 11 exchange data show butter prices at Chicago levels with Grade AA at 1.47 and Grade A 1.46 while Grade B sits at 1.45 and cheddar cheese unchanged at 1.31 for barrels and 1.35 for 40 lb blocks. Wisconsin eggs hold steady with extra large 74, large 71, and medium 67 under the Egg Market Evaluation Committee categories with weight class readings 157 256 352 446 and 50 percent checks 45 percent.
The Minneapolis Grain Exchange saw lower prices last week with Minneapolis December wheat down 14 cents to 4.01 dollars, Chicago March corn at 2.69 dollars, and January soybeans at 6.29 dollars after 27 percent moves. Spot No. 1 plump and No. 2 rye held steady to modestly higher, while oats slipped 9 to 11 cents to 2.17 to 2.23 dollars.
Soybeans fell 20.0 cents to 5.94 a bushel while flaxseed rose 0.05 to 7.70. Sunflower oil closed 0.15 higher at 11.10 per cwt. crude sunflower oil unchanged at 0.23 per pound. Soybean meal 44% protein dropped 2.30 to 188.80 a ton. 47% protein sold with an 18 premium at 206.80. Linseed meal 34% solvent steady at 150. Sunflower meal 28% protein and 23% fiber steady at 115. Meat meal 50% protein unchanged at 210. Animal protein feeds steady to higher.
The bulletin lists cash grain prices for Wheat Minneapolis 4.03, Corn Chicago 2.67, Oats Chicago 1.98, Soybeans Chicago 6.31, Rye No 2 3.80, Corn No 2 2.26, Oats No 1 2.15 2.21, Barley Larker 2.80 3.15, Beacon 2.65 2.90, Feed No 3 or better 2.08, Soybeans No 1 yellow 6.01, Flax No 1 7.65, Sunflower seeds cvt 11.10. Feedstuffs Dec 8 prices per ton Minneapolis: Soybean meal 44% 188.80, 48% 206.80. Linseed meal 34% 150. Meat meal 50% 210. Brewers' dried grains 105. Wheat bran 79. Wheat middlings 76. Alfalfa meal dehydrated 102.
Wisconsin potato shipments rose for the week ending December 11 with a total of 220000 hundredweight shipped, 25000 cwt more than the prior week. The season total reached 6124500 cwt, 6.6 percent above last year at this time. Russets accounted for 74 percent, whites 15, round reds 7, and chipping potatoes 4 percent of movement.
Last week price ranges show American Feeder Pig Co op selecting 45 lb pigs at 27.75 to 28.75 dollars. Midwest Livestock Producers lists 40-50 lb pigs at premium grade 26.50 to 29 dollars delivered on farm, with 40-50 lb pigs commonly 28 to 30 dollars, largely in the 28 to 30 range.
Markets rallied Monday as martial law in Poland boosted fears of a U S embargo on the Soviet bloc and a weak money supply report from the Federal Reserve added pressure. Wheat fell to 3 84 a bushel on December, corn to 2 49 a bushel, oats dropped.
Futures on the Chicago Board of Trade fall with December corn near 2.53 and January soybeans at 6.31 a bushel. The day shows declines across crops, with mixed closes and updated open interest figures for corn oats and other grains.
Daily market notes show Nov milk prices at 13.11 per cwt for 3.83 milk and 12.52 for 3.5 milk, unchanged from October and November 1980. Wisconsin spot fluid milk shipments out of state fell to seven loads last week with Indiana absorbing all. CCC purchases totaled 3.1 million pounds butter, 1.1 million cheddar blocks, 5.1 million pounds barrel cheese, and 15.8 million pounds nonfat dry milk powder, plus 125.3 million pounds milk equivalent. U.S. butter output rose to 22.4 million pounds, up 9 percent from the prior week but 3 percent below last year. cheese at 48 million pounds, up 7 percent from the prior week and 5 percent from a year ago.
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