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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Jul 06, 1983
Page
2
South St Paul Minnesota market report dated July 5 shows slaughter cattle with steady to strong demand, prices for steers and heifers listed. hogs higher on weights, with sows and boars priced. calves, feeders and cows also detailed. Futures quotes for wheat corn oats soybeans and cash prices for grains and feedstuffs accompany the market snapshot.
Wheat and feed grain markets posted a mixed week as record stocks and weaker exports weighed on values while tight farmer holdings offered limited support. At Minneapolis futures rebounded on a friendly USDA acreage report with July wheat at 4.01. Cash prices showed varied moves across wheat, corn, soybeans, and specialty grains with modest gains for soybeans and declines for some cereals and oats.
Madison Cull cows fell to 36 46 cents with some at 47. Veal calves dropped 10 13 dollars, slaughter hogs steady. Holstein slaughter steers 48 58 cents, beef-type 58 62 cents, slaughter heifers 56 61 cents. Bulls 46 56 cents. Holstein feeder steers 48 66 cents, 200 375 pounds. Veal calves 35 56 cents iron ing types. Replacement Holstein calves 0.80 1.15 and 0.70 1.10 per pound. 25 29.75 per head for 40 55 pound feeders. Sows 30 34 cents.
Wisconsin eggs and produce prices show butter unchanged with Grade AA at 1.47 to 1.49 dollars per pound and Grade A at 1.45 to 1.49, Grade B 1.44 to 1.49. Cheese cheddar barrel 1.32 and 40 lb blocks 1.35. Eggs steady with extra large 67 to 72, large 64 to 67, medium 52 to 55.
One year ago markets show grain prices wheat 4.18 percent corn 2.57 oats 2.10 soybeans 6.10. Eggs listed by size Extra large 68-73 large 65-68 medium 54-57. Livestock equity includes cows 40-44 dairy heifers 42-48 bulls 45-50 calves 30-70 fed cattle 58-64 slaughter hogs 55-59 sows 49-51 boars 44-47 beef feeder heifers 45-54 beef feeder steers 52-62 Holstein feeders 45-54 slaughter lambs 56-58 wool. Butter Grade A 1.45-1.47.
Ten years ago in July 1973 grain prices showed Wheat at 2.97, Corn 2.40, Oats 9342, Soybeans 7.20, with eggs detailed as Extra large and Large in a separate lot. Livestock values covered Cows 28-37, Heifers 34-39, Bulls 34-42, Fed steers and heifers 36-4744, Veal calves 45-110, Slaughter hogs 36-41, Sows 32-36, Boars 31-33, Slaughter lambs 32-37.
The USDA unveiled a National Commodity Processing System to ship USDA owned dairy products to processors who would distribute them to schools and institutions. Last week federal purchases of surplus dairy reached 385 million pounds of fluid milk, while Wisconsin received twenty truckloads as out of state plants struggled with the high milk output.
Federal officials gave no reason for the abrupt retirements of Chicago Regional Milk Market Order leaders Market Administrator Robert Thomas and assistant Phillip Costello last Friday. Coughlin said both were offered transfers elsewhere but declined and retired. Myron McKinley will replace Thomas, taking over in Chicago within a day or two.
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