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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Jun 10, 1981
Page
2
South St. Paul Minnesota auction data shows cattle and hogs moving higher with choice and good grades firming. Slaughter steers and heifers show gains while cows and bulls hold or rise modestly. feeder cattle and calves list steady to soft with feeder pig auction notes and herd replacements detailed.
Prices across cattle, scrap, and grains show steady to lower trends. Beef and dairy items edge down with small gains for replacements, while futures on wheat, corn, soybeans, and sunflowers fall on sparse export business and improved Midwest weather. Transportation commission denies bulk milk rate regulation, barley and oats slide on good new crop prospects, soybeans and flaxseed decline, crude sunflower oil steadies.
A market page lists cash grain futures for Wheat, Corn, Oats, Soybeans with regional bids from Minneapolis and Chicago, including spring and winter wheat grades, durum, rye, barley, flax, and sunflowers. It also provides June 2 feedstuff prices per ton for soybean meal, linseed meal, meat meal, brewers dried grains, wheat bran, and middlings, with alfalfa meal as well.
Last week on the Chicago Mercantile Exchange CME grade AA butter rose by a fraction of a cent to $1.47 per pound while grade A gained a fraction to $1.45. Grade B held at $1.42. National Cheese Exchange prices were unchanged.
Feeder pig prices listed for select 45 lb and 40-50 lb categories with Midwest and Wisconsin entries. Dairy and butter figures show CCC purchases totaling butter, cheddar, nonfat dry milk, and cheese loaves, plus May butter and cheese production. Grain, eggs, livestock prices, butter grades, and Idaho potatoes quoted from June 10, 1980 and 1971 data.
Grain market report shows Chicago Grade AA butter at 1.47 percent and Grade A at 1.45 with Grade B at 1.42. Unchanged barrel cheddar at 1.31 with 40 lb blocks at 1.35 percent. Wisconsin eggs listed as about steady with size ranges 69-74 for Extra Large, 67-71 Large, 56-61 Medium. Egg Market Evaluation Committee weights set No 1 through No 4 plus Breaking Stock and Checks at specified counts.
Livestock Market News reports at South St. Paul prices fluctuated with steers down to 64 65.60 for choice and Holsteins sharply lower. Slaughter cows held steady, bulls fell, heifers steady to firm, feeders ranged 46 to 68 for Holsteins, and lambs dropped about 8. Feeder and replacement heifers showed mixed results while barrows gilts and boars varied by weight. Estimated carcass value for a 600 700 pound beef carcass was 108.09 last week and hide value 60.10 for a 1 000 pound steer.
Chicago futures trading on Monday showed quotes near 4.04 percent with minor variances at 4.21 percent, reflecting early pressure in the market amid mixed sentiment and risk assessment.
Total open interest Friday shows several figures across contracts with variations from Thursday. Notable totals include 52,913 in one category, 147,296 in another up 1,532, and 5,964 up 39. Sales amounts are listed as 1,140 and 33,446. The data includes July September December March May and July futures with rate ranges around 3.40 to 3.77 percent.
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