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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Mar 25, 1981
Page
2
Weekly update on grain prices and livestock markets at South St. Paul Minnesota noting price movements, supplier activity, and regional market trends. Highlights include corn and wheat quotes, cattle and hogs bids, and delivery notes for the week.
Monday volume shows cattle 2333, hogs 6190, sheep 248 slaughter. Steers, heifers, cows and bulls quoted with steady to higher bids. hogs up to 22.50, cows and utility ranges detailed. Holstein and dairy segments show varied strength and weakness across weight classes.
Cows steady 40s to mid 40s. replacement calves Holstein bull calves 110-135 lbs 60-95 top. Holstein heifer calves 100-150 lbs 180 top. Fed cattle steady 52-56. Monday feeder pig auction limited to mornings with 40-60 lb pigs 37-39% and 50-60 lb pigs 39-43. Hogs strong 1 and 2 butchers 210-240 lbs 3742-38, heavyweight 33-34. boars 25-28. Feeder cattle mixed with Holstein steers 42-52 and beef 52-62.
Last week at South St. Paul stockyards prices were mostly steady to lower across cattle categories. Slaughter steers fell 50 cents to $1, Holstein and replacement cattle held, feeders dropped $2-3 except rare strong Holstein under 450 pounds rising $5-10. Calves and sows mixed, springing Holstein heifers listed, with veal and feeder cattle values noted.
Butter and cheese prices were nearly unchanged with small shifts across grades. Barrows and gilts slipped 50 cents to a dollar, sows gained up to 50 cents, while boars over 300 pounds traded at 28 dollars. Slaughter lambs and ewes held firm, feeders steady, beef carcass cut-out value rose to 98.58 dollars. Hide and offal value stood at 61.20 dollars for a 1000 pound steer.
Market listings cover eggs weight classes for No. 1 to 4 plus breaking stock and feeder pig co op quotes. Automobile market shows price ranges for large medium small and compact cars. Ferrous and non ferrous scrap values listed with weights and conditions. Packaging and sale details include container weights and minimums. Prices reflect last week’s figures and market conditions.
Spring wheat weakens on the Minneapolis Grain Exchange while other grains hold firm. Futures close higher overall with Minneapolis May wheat down 1% at 4.43, sunflower seed up 47 cents at 12.62 per hundredweight, Chicago May corn up 50 cents at 3.624, and soybeans up 20 cents at 7.71.
A dense market recap shows Wheat at 1.67 percent, corn 1.53, oats 0.76, soybeans 3.03 with fresh spot and futures shifts. Livestock values for cows, heifers, bulls, fed steers, veal calves and hogs move variably, while potatoes, butter, cheese and flaxseed hold or rise modestly. Rye slips 15 cents to 3.85, spot corn climbs, oats firm on demand, and sunflowers rally with crude oil.
Market notes list prices for Wheat Corn Oats Soybeans Rye Barley and flax with bid offers and range prices. Includes feedstuffs quotes for soybean meal linseed meal meat meal brewers dried grains wheat bran and middlings per ton priced in Minneapolis March 17. Names of commodities and price ranges shown without commentary.
Daily market news notes Madison One spot shipment of Wisconsin fluid milk moved out of state the week ending March 19, with no movement the prior week and no movement in the comparable week last year. CCC bought and sold dairy products, including 8.9 million pounds of butter and cheddar cheese, 18.7 million pounds of nonfat dry milk powder, and 1.3 million pounds of American cheese loaves at $1.43. Milk and cheese production figures for March 12 show butter at 26.6 million pounds and cheese at 50.3 million pounds, both down from the previous week but up versus last year.
Reports show live hogs, feeder cattle, potatoes and pork bellies trading with Fri sales totaling in the thousands. Open interest rose for hogs and pork bellies while potatoes and feeder cattle posted varied changes. Close prices reflect the average of the last two trades across multiple contract months.
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