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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Dec 28, 1983
Page
2
Cows strong utility 36-40, light canners 32-35, strong dairy bulls 41-45, good beef 41-45, calves weak 40-50, replacement Holstein heifers 40-50, veal 35-60. Hogs steady top butchers 49-49.5, sows 36-39, bears 33-36. Feeder cattle steady with steers 56-64, heifers 48-54, holstein steers 41-46, open holstein heifers 40-50, springing holstein heifers 750-850.
Market report shows Dec 22 exchange date with steady cattle and bull markets. Top cows reach 39.80, dairy heifers 35-42, commercial bulls 38-42, select calves 50-60, and culls 25 and down. Demand remains steady across utility and beef categories.
South St. Paul Minnesota reports cattle and hogs offerings with 2600 cattle 200 vealers 4500 hogs and 600 sheep. Slaughter steers active with bids from one dollar to two dollars higher.
Steady to higher notes across cattle calves hogs and lambs with price ranges for various weight classes. Feeder pig auction occurs Monday mornings and autos market remains steady as Max Phillips and Sons provides price quotes.
On the Chicago Board of Trade Friday, wheat closes 2 to 3% higher with March at 3.61 per bushel, corn up to 2% with March at 3.43, oats steady at 1.88, and soybeans up 3 to 11 cents with January at 8.06 per bushel. Trade volume is light ahead of the holidays.
Market brief lists March Wheat May Corn March Oats May Soybeans and December cash prices. Reports spring and winter wheat quotes, durum, rye, corn oats barley soybeans flax and sunflower seeds per cwt and per ton feedstuffs prices for December 20 in Minneapolis. Prices show notable margins for wheat and corn futures across exchanges.
USDA Dairy Market News shows US dairy plants producing butter cheese cottage cheese nonfat dry milk and ice cream fell from 3 320 in 1977 to 2 719 in 1982 a drop of 18 percent. Butter plants lost 28 percent while Italian type cheeses declined only 4 percent. Capacity rose at remaining plants, notably a 73 percent gain in American cheese production among 372 plants.
The Wisconsin market shows eggs generally steady with price ranges for sizes. Extra large 1.04 to 1.05. Large 1.02 to 1.03. Medium 99 to 101. Butter remains weak to steady with Grade AA 1.41, Grade A 1.37, Grade B 1.36. Cheese unchanged with Cheddar barrel 1.27 and 40-lb blocks 1.31.
The Dec 19 exchange lists American Feeder Pig Co op last week prices for Select 45 lb pigs at 27 to 28 dollars. Midwest Livestock Producers quotes this week a 40 to 50 lb premium grade dietary pigs at 27 to 30 dollars picked up on farm.
Markets as of December 29 1982 show wheat at 3.78 corn 2.44 oats 1.68 soybeans 5.64 percent. Livestock quoted for equity and quidity categories include cows 25 43 heifers 32 41 bulls 30 42 fed steers 34 52 veal calves 30 80 slaughter hogs 33 40 sows 27 33 boars 23 27 and slaughter lambs 33 41.
Last Wednesday at South St. Paul yards all classes except feeder pigs rose sharply due to bad weather that hindered market access amid freezing roads. Fed steers and heifers up 50 cents to a dollar, Holstein steers 1 to 1.50 higher, slaughter hogs 3 to 3.75 up, slaughter lambs 1 to 2 higher, with feeder cattle up to 2. Cattle and hog slaughter totals last week rose versus 1982, aided by federal inspection.
Midwest markets closed higher as lack of country selling and bad weather limited activity. Minneapolis March wheat rose to 3.98, Chicago May corn to 3.41, and Chicago May soybeans to 8.21. Cash grain saw mixed gains with various wheat, corn, oats, barley, and oilseed prices advancing, while feeds and meals posted mixed moves amid cold demand.
Trading remained active for light offerings with demand good and prices higher. Loading was limited by cold weather and truck shortages. Russet Burbanks in 50 lb cartons sold mostly 24 dollars while 90 count sold 16 to 17 dollars and 100 count 12 dollars. non sized 100 lb sacks 7.50 to 7.75. 10 lb film sacks 9 to 9.25. 10 oz baker sacks 16 to 18. Sales of Round Reds and Round Whites too few to establish a market.
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