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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Mar 27, 1985
Page
4
March 25 livestock prices show steady cattle, cows, calves and bulls with varied ranges. Hog prices move mixed on Chicago Mercantile Exchange as pork bellies futures jump next year while near term slumps occur.
Livestock prices show steady to weak trends across cattle hogs and calves at South St. Paul Minnesota. Cattle demand ranged 53 to 57 for good steers and 50 to 53 for standards with Holstein and slaughter categories posting modest gains or declines. Hogs traded 41.75 to 42 for top butcher quality with sow prices 37 to 40 and boars 31 to 33. Sheep and lambs remained steady with feeders at 60 to 66. Volume included 1,500 cattle and 3,000 hogs leading the day’s market activity.
Historical price table lists grains Livestock butter and potatoes with ranges for Wheat Corn Oats Soybeans and butter at 1.40 to 1.41 while meats show cows dairy heifers bulls calves fed cattle and hogs with wide price spans. Also notes potatoes prices and a 10 year prior comparison for several commodities.
Soybeans advance to around 6.07 a bushel May. Wheat declines near 3.56 a bushel for May delivery. Corn ranges around 2.78 to 2.75 a bushel for May. Oats hover near 1.71 a bushel for May. Cash prices list spring and winter wheat, corn, oats, durum, rye, soybeans, flax and feedstuffs with varied per bushel or per ton quotes from Minneapolis and Chicago markets.
Demand for Wisconsin potatoes was moderate for the week ending March 22 with mixed prices as packing sheds finished for the season. Russell Burbanks in 50-pound cartons ranged mostly 17 for 80 counts 16 to 18 for 70 and 90 counts 15 to 16 for 100 counts 13 to 14. non-size d 100-pound mostly 7.25 and 10-pound film mostly 8.75. round whites 100-pound sacks 6.75 to 7 and 50-pound sacks mostly 7. Shipments run ahead of last year and total to date table stock stands at 8,520,000 hundredweight versus 6,480,000 a year ago, chip stock to date 933,000 hundredweight.
Wisconsin eggs and produce prices show steady to unchanged quotes. Butter remains unchanged with Grade AA at 1.41 percent and Grade A at 1.39 percent while Grade B sits at 1.34. Cheese notes lower Cheddar barrel at 1.25 and 40 pound blocks at 1.27. Eggs are steady with Extra large at 61-64 and Medium at 53-56.
Markets moved higher as a weaker dollar and stronger currencies supported demand. Rain delayed Brazil harvest boosting soybeans while wheat held modest gains and corn showed mixed prices amid export sales to Russia. Illinois No 1 yellow soybeans rose to about 6.10 to 6.18 per bushel with declines from last season, and Minneapolis grain futures varied across commodities.
Slaughter steer and heifer prices fell sharply at Midwest terminals Friday while hogs recovered earlier losses with barrows and gilts closing steady to 50 cents higher except at St Louis. Direct hog trade stayed steady with some 50 cent declines in Iowa and southern Minnesota. Sows weakened at St Joseph St Louis and Indianapolis while South St Paul saw firm to 50 cent higher barrows and gilts versus a week ago. Weights and price ranges noted for U S Nos 1-3 Hog classes with regional variations. Overall market tone weakened on beef with no strong movement as weather supported feedlot performance and yield grades shifted toward larger cattle.
February sales of fluid Class I milk were 2.8 percent higher than February 1984 and matched January 1985 on an adjusted daily average nationwide. For the week of March 18–22 CCC bought 8.1 million pounds butter 18.2 million pounds cheese 15.6 million pounds nonfat dried milk. milk equivalent hits 347.5 million pounds. USDA invites comments by April 19 on a recommended decision denying amendments to 45 federal milk marketing orders that would create a separate pricing class for milk used in butter and nonfat dried milk, proposed by National Milk Producers Federation after last July hearing in Alexandria Virginia.
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