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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Jan 16, 1985
Page
4
Livestock prices show steady to strong trends across cattle and hogs. Cows and bulls hold steady with ranges for utility, good beef, and heavy dairy values. calves, feeder cattle, and Holstein offerings show modest gains and notable price brackets for replacements and veal.
Weekly markets report shows mixed livestock prices on January 14 with cattle steady to firm across classes. Cows utilities 28 to 37 cents, dairy heifers 38 to 45, bulls 30 to 46. Calves and replacement calves hold, fed cattle 54 to 62, hogs strong 48 to 48 for butcher weights, feeders 40 to 60 pounds quoted.
Grain and soybean futures advanced on Tuesday with wheat up about 1 to 3 cents at 3.53 per bushel for March delivery and corn up about 1 to 2 cents.
The National Farmers Organization announced it has suspended the call for a soybean marketing vacation made last November. President DeVon Woodland said the group remains committed to marketing actions to strengthen prices for grain producers. The November vacation aimed to reverse a price drop after USDA's November 9 report, with March soybeans at 2.70 percent. Futures on the Chicago Board of Trade were given for Tuesday.
Midwest livestock buyers report this week's prices for 40-50 pound premium pigs picked up on farm at South St. Paul Minnesota. Trade on January 14 shows volume 1 581 heads with a decline of 2 to 3 dollars per head. Prices range 37 to 44 dollars per head depending on weight and quality.
Wisconsin market update lists butters at mixed grades around 1.41 1.39 and 1.36 percent, cheddar barrels 1.30 barrels 40 lb blocks 1.34, eggs steady with sizes extra large 55 56 large 53 54 medium 42 44. National Farmers Organization notes slaughter cattle prices statewide as of December 28 with cull cows 0.76 Holstein steers 0.98 0.92 bulls 0.81 fat cattle chosen steers 1.04 good steers 4 off number fours 10 off chosen heifers 1.02 good heifers 4 off. Contact 414 336 3734 for more.
A historical price list records Wheat at 4.16 to 4.20, Corn 3.04, Oats 1.96 to 2.03, Egg sizes from 1.08 to 1.14, Butter 1.34 to 1.41, Potatoes with no quote, and livestock ranges for cows, dairy heifers, bulls, calves, fed cattle, hogs, sows, beef cattle, and lambs, including a final figure 68.07 and a potato line 2.65 to 4.50.
Twelve hay lots sold for an average of 83 a ton at the Midwest Live stock Producers yard sale. Bids ranged 50 to 125 per ton with crude protein 11 to 21 and RFV 90 to 132. Extension agent Depp notes RFV guides bids and quality while Huston to speak at Wisconsin Angus Association event January 19 in Madison at Heritage House.
Hog prices at South St. Paul were steady to 50 cents lower than last Friday with best demand at 230 to 250 pounds. Sows under 500 pounds steady to $1 higher, over 500 pounds down $1.50. National trade mixed. barrows and gilts mostly steady to 50 cents lower, heavy cattle down $1 to $2, cows and bulls weaker. Slaughter lambs steadier to $3 higher, feeder lambs firm. Slaughter steer and heifer prices eased, with top heavy weights around $63.50 to $65.50 at Sioux City region.
The National Grain Market Review notes yellow corn eased but stayed above early losses as Russia bought about 3.2 million tons for delivery. Wheat and feed grains posted mixed national trends for the week ending Jan 10 amid a strong dollar, weak gold, and cold snow cover. Omaha yellow corn slipped to about 2.57 to 2.58 per bushel, with current prices 58 to 62 cents under last year. Minneapolis soybeans rose to 5.77 and 5.81 per bushel with firmer nearby buying, while flaxseed and sunflowers posted mixed gains and losses. National wheat showed little support beyond tight farmer holdings, with Kansas City No.1 HRS wheat around 3.79 and spring wheat easing to 3.80.
Daily Market News reports November butter production at 81.1 million pounds 17 percent below November 1983 and 6 percent below October 1984 American type cheese at 191 million pounds down 12 percent from November 1983 and 3 percent from October 1984 Non fat dried milk at 69.7 million pounds down 30 percent from November 1983 and 3 percent from October 1984 Ice cream production steady at 61.3 million gallons for November 1984 Interstate spot milk loads from Wisconsin total 28 for week ending January 10 up from zero last week and four in the same week of 1984.
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