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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Jan 21, 1981
Page
2
Market report shows cattle vealers hogs and sheep volumes with steady to weak trends across classes. Slaughter steers Holsteins and feeders display price ranges by weight and quality while hogs lambs and sows show varied declines and gains for the week.
Cattle markets show weak to steady demand with top cattle price at 51.80 for bulls and dairy heifers reaching 43-47. Calves steady with select at 65-75 and holstein calves 60-80 up to 95. Feeder pigs and feeder cattle listed with price ranges for various weights and classes.
Market summary lists cattle by class steady to weak with dairy and beef categories. Hogs show weakness with top butchers at 40, sows 35-36, bears 30-33. Butter and cheese unchanged with Grade AA butter at 1.46. Wisconsin eggs steady with price ranges across sizes. Egg market evaluation committee assigns weight class baselines. Breaking stock and checks priced per line.
Prices quoted show market rates for complete automobiles by size with ranges from 25 to 60 dollars per unit and separate non ferrous scrap values per hundredweight. Paper lists deep freezers and assorted appliances with various per hundredweight quotations and a note that prices depend on market conditions at sale date.
Grain and livestock quotations with January 21 1980 and January 21 1971 levels. Soybeans fell as the 1980 crop estimate rose beyond expectations, pressuring corn. egg, cheese, potato and butter prices shown. live cattle and hogs ranges listed.
Wisconsin potato shipments dropped last week as demand tapered after a holiday surge. By Friday demand was light across packs while receivers held larger inventories. 241,200 cwt shipped, 27,600 cwt less than the prior week. Season total to date reaches 6,798,100 cwt, about 3 percent above last year's 6,578,500 cwt.
Week ending January 15 shows mixed grains with Minneapolis March wheat up modestly to 4.75, Chicago corn down to 3.72, soybeans trading around 7.23, and rye firm at about 3.60. Spot oats and corn edges rise, malting barley steady, flaxseed up to 8.45, oilseeds mixed.
Price list shows cash grain quotes for Wheat in Minneapolis at 4.71 percent, Corn and Oats in Chicago with 3.74 and 2.23 percent changes, Soybeans at 7.78, Rye No 2 3.55-3.60, Corn No 2 3.29, Oats No 1 2.30, Barley Larker 3.55-3.90, Beacon 3.45-3.75, and Feed No 3 or better 2.83. Soybeans No 1 yellow at 7.20, Flax No 1 8.25, Sunflower Seeds 11.90. Feedstuffs January 13 prices per ton in Minneapolis include Soybean meal 44% 220.20, Soybean meal 48% 238.20, Linseed meal 34% 160, Meat meal 50% 270, Brewers' dried grains 155, Wheat bran 108, Wheat middlings 107, Alfalfa meal dehydrated 132.
No Wisconsin spot shipments occurred last week, far below 72 tankers moved out of state in the prior year’s week. Cheese and butter prices were largely steady with Cheddar blocks at 1.35 and barrels at 1.31. CCC bought 15.9 million pounds of nonfat dry milk powder and 9.9 million pounds of American process cheese loaves at 1.43. Butter production reached 27.2 million pounds, up 7 percent from the prior week and 13 percent from a year ago. cheese output rose to 50.2 million pounds, up 1 percent week over week and 23 percent year over year.
South St. Paul stockyards reported higher cattle prices yet lower hog and sheep prices last week. Slaughter steers and heifers mostly steady. Holstein steers firm to higher. slaughter cows and bulls mixed. feeders rose. barrows, gilts and sows varied. lambs and ewes softened. estimated beef carcass value at 600 to 700 pounds near 109 dollars with hide and offal about 62 dollars for a 1,000‑pound steer.
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Chicago futures on the CME show mixed figures across commodities including Live Cattle Hogs Potatoes Pork Bellies and Oats with Est sales totals and open interest changes. Notable items include Live Cattle and Hogs with substantial open interest shifts and Soybeans listing high sales Fri and large total open interest.
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