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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Jan 03, 1985
Page
4
Market report lists dairy and cattle prices across categories including beef bred steers 51-57, Holstein calves 45-65, feeder pigs 38-41, hogs 48-49, sows 34-39, butter 1.41, cheese unchanged, Wisconsin calves steady, Holstein replacement calves 45-78, bulls 43-47, feeder steers 61-64, and hogs strong with 49 and down for butchers. Exchange date noted Dec 28.
Midwest livestock buyers report stronger feeder pig prices this week with trades on December 26. At South St. Paul Minnesota, 40 to 50 pound pigs rose about 2 dollars, while 30 to 40 pound pigs traded around 33 to 36 dollars. Trading volume reached 1,370 head as market activity remained robust at Midwest sales.
National Farmers Organization slaughter cattle prices state wide as of December 28 trade date. Cull cows 75. Holstein steers Choice 98, Good 93. Bulls 79. Choice steers 1.05, Good steers 4 off. Number fours 10 off. Also notes steady prices for calves and hogs with varied ranges for Holstein, beef, and dairy cattle. Call 414-336-3734 for more details.
Scrap market report shows prices for complete automobiles ranged 33 to 38 dollars, 25 to 29 dollars, and 18 dollars per unit amid a steady market. Nonferrous alloys and aluminum batteries list price ranges, with a 2000 pound net ton equivalent for sheet items and weak scrap values noted for certain grades.
The report lists futures for Wheat Minneapolis up 3.66 percent, Corn Chicago up 2.67 percent, Oats Chicago up 1.80 percent, Soybeans Chicago up 5.72 percent. It then provides cash prices for Winter and Spring wheats, Durum, Rye, Corn, Oats, Barley, Feedstuffs, Soybeans, Flax, Sunflower seeds and feed ingredients with unit prices for Minneapolis per ton or cwt and per ton.
Dairy Market News reports Madison Commodity Credit Corporation purchases for 1984 fell by half. CCC bought 189.9 million pounds butter, 461.4 million pounds cheese, and 720.5 million pounds non-fat dry milk, milk equivalent 8.5 billion pounds versus 16.9 in 1983. During Christmas week, CCC bought 2.1 million pounds butter, 3.9 million cheese, 6.6 million non-fat dried milk. Wisconsin interstate spot loads totaled 2,301 whole fluid milk shipments in 1984, five times 1983’s 420. No interstate Wisconsin milk shipments the week ending Dec 27.
Minnesota Valley Breeders Association and Midwest Breeders Cooperative push toward consolidation to form the largest direct member AI cooperative in the U.S. An insurance coverage problem has delayed the merger as MVBA votes this week to confirm, after a prior failure to reach two thirds. Officials seek adequate product liability coverage to proceed or consider alternatives, while Midwest officials remain optimistic about a 1985 unification.
Soybean markets fell across the nation through December 27 as the strong dollar and weak currencies pressed prices. Export inspections offered minor support while tight farmer holding limited declines. Minneapolis soybeans delivered 0% down with basis at 4 under Chicago futures. December truck at crushing plants quoted 5.76. Sunflower oils weakened. January delivery 28 cents per pound. Flaxseed rose to 6.80 in Minneapolis. Duluth sunflower steady at 11.20 but down 3.30 from last season. Corn and sorghum sales to Mexico provided some lift, yet dull domestic feed business kept gains in check. Wheat dormancy looms with light trade and mills as buyers. Kansas City hard red winter at 3.76, down 9 cents per bushel. Spring wheat in Minneapolis at 3.88 with a 33 cent year-over-year drop.
Wisconsin potato markets remained strong with higher prices across the board. Russel Burbanks 50-pound cartons show mostly 16 on 80 counts 15 on 80 count 13 on 90 count 11 on 100 count. non sized 100-pound mostly 6 10-pound based film mostly 7.50. round whites 100-pound sacks 4.75 to 5. round reds 100-pound sacks 6.50. Shipments ahead of last year with total table stock 5,937,000 pounds vs 4,393,000 last year and chip stock 930,000 pounds vs 700,000.
Slaughter steers heifers and Holstein steers sold steady to firm on light Christmas week receipts at South St. Paul with cows up to 5 higher and bulls 2 to 4 higher. Midwest terminals showed steers and heifers steady to 1 higher. demand remained good despite holiday and weather. National close saw 1000-1300 lb steers 64 to 67, 950-1100 lb heifers 64 to 66, cows 35 to 41, utility 34 to 40, bulls 42 to 47. South St. Paul heifers 45 to 60, hogs mixed trends with barrows and gilts 50 cents to 1.50 lower. sows up to 5 higher. overall pork values edged up in dressed market with rising daily movem ents hindered by holiday.
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