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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Dec 18, 1985
Page
4
A compact listing of livestock prices by category and date across multiple trades. Cows, calves, veal calves, feeder pigs, dairy cattle, feed cattle, Holsteins, hogs and sheep show varying price ranges with December 7 10 11 14 16 trade data. Stronger markets noted for veal calves on December 16 and fat cattle.
Estimates show steady to firm calves from fancy to utility grades, beef and Holstein replacements, steady feeder cattle, and varied market signals for hogs, cows, bulls, veal calves, and lambs. Tuesday receipts: 700 cattle, 400 calves, 100 hogs, no lambs.
Beetown sale lists 1 292 head sold with categories including slaughter calves 25 to 55, replacement calves 55 to 90, culls, and lower fed cattle. Cataloged ch cross steers 62 to 64, ch cross heifers 59 to 61, 50 cross Holstein steers 54 to 56, cutter utility 30 to 35, canner 28 to 32, bulls 40 to 45. Three percent shrinkage noted on morning delivered fat cattle.
Butter prices decline across grades with AA at 1.39 percent and A at 1.38 percent while B stands at 1.36 percent. Cheese holds steady with Cheddar barrel at 1.17 and 40 lb blocks at 1.21 percent. Wisconsin eggs show steady levels for December 16 with extra large 72-75, large 70-73, and medium 64-67.
The Chicago Board of Trade board voted last week to increase minimum performance margins for December 1985 corn futures. Effective December 12, the corn futures contract margins rose from 500 to 1000 dollars per contract, with maintenance and hedge margins increasing from 300 to 600 dollars.
Soybean prices rose sharply on December trading while wheat and corn slipped modestly at Minneapolis and national markets. Cold Midwestern weather boosted feed needs and light farmer selling persisted as drought in Brazil aided soy futures. Illinois bids for No 1 yellow beans climbed to 5.33 to 5.40 while flaxseed and sunflower bids fluctuated and barley and oats markets rose on light trading.
Slaughter cattle prices across classes declined last week with fed steers and heifers down as much as 2 dollars. Dressed beef and boxed beef pressures pulled live prices lower. Hog trends were mixed due to cold weather and weaker dressed pork values, with direct trade barrows and gilts from Illinois and Indiana down up to 1.25. At South St. Paul, average barrows gilts weight 243 pounds, up 4 pounds YoY. sows about 14 percent of hog run. USDA Midwest terminals showed varied closes across cattle and hog categories.
Shipping point prices for Dec 16 show Wisconsin Russets 50 lb cartons 70-80 count 8.50-9.00, 90 count 8.50-9.00, 100 count 7.50-8.00, Nonsize A 3.25-3.75, 10 lb poly 4.75-5, bakers 4.50-5. Idaho demand good market steady with 70-80 count 11-13, 90 count 9-11.50, 100 count 8-8.50, nonsize A 4.75-5, baled mash 6.75-7. St Louis Valley prices 70-100 count 6-8. Red River Valley Minn 100 lb round Reds 3.75-4. Chicago markets list including Minnesota North Dakota 3.75-4, Wisconsin 3.25-3.75, Idaho 11.00-12.00, Washington 11.00, Colorado 11.00-12.00. Live cattle and hogs in South St Paul: steers down, hogs up, cows steady, lambs lower. slaughter steer 574-264 cents, fed heifers 56-63.%, Holsteins 38-54%, cull cows 22-34 cents.
Midwest Livestock Producers lists this week prices for 40-50 lb feeder pigs at steady to $2 lower with Green tagged pigs picked up on farm. Lancaster sale on December 11 traded 1301 head, 215 head lighter than a week ago, with prices for 40-50 lb at 23 to 33.50, 50-60 lb at 28 to 37.25, 60-70 lb at 32 to 39.75. Extreme tops include 143 head at 43 lb 33.25 and 137 head at 52 lb 36.00. Christmas sale week notes: sales on Thursday.
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