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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
May 01, 1985
Page
4
May 1 trade reports bulls cows calves and feeders across utility canner and replacement categories with Holstein and beef types noted. April 17 and April 23 trades show ranges for calves dairy stock and feeder pigs with steady to strong demand and varied grades from plain to prime.
April 29 market notes show veal calves steady to weak with prices from 20 to 70 plus. beef and dairy cattle mixed by class, Holstein and slaughter cows lower to steady, veal calves 60 to 70 for good, feeder cattle 50 to 65 for mid ranges, hogs and lambs steady to uneven with small price spreads. April 24 trade lists similar ranges across cows bulls feeders and veal segments.
The market lists calves, cows, bulls, heifers, and steers with price ranges from 36 to 90, including Holstein and beef types. It covers feeder cattle sales on April 20 and 24, futures for wheat corn oats and soybeans, plus dairy, hogs, and public prices at Midwest and regional markets. U.S. exports to East Asia forecast at 9.6 billion for 1985, with barley, soybeans, flax, sunflowers, and feedstuffs prices noted.
On April 26 exchange dates Butter lower grades AA 1.41 percent A 1.40 B 1.38 Cheese unchanged Cheddar barrel 1.22 percent 40 lb blocks 1.26 on April 22 exchange date Wisconsin eggs steady extra large 54-57 large 52-55 medium 47-50
Cash grains and soybeans ended the week April 25 with mixed moves as soybeans led advances while demand stayed soft. May soybean futures rose 2 percent to $5.98, Minneapolis spot up 30 cents, May bid $5.99. Corn demand remained tepid amid rapid planting. USDA cited a 300,000 metric ton Soviet corn purchase for 1984-85. Wheat and oats saw modest gains and steady spot figures amid slow farm sales.
Slaughter steer and heifer prices rebounded for the week ending April 26 with steers and heifers steady to two dollars higher, lighter weight cattle in demand as boxed beef rose. Cows and bulls mostly steadier to higher, with specific price ranges across heavy and light weights. Hog prices rebounded some after rainfall slowed spring field work, with direct trade mostly lower and Western markets mixed. Lambs held steady to four dollars lower at terminals, spring lambs up modestly.
Madison CCC buys more butter and cheese in Q1 with gains 6.3 percent and 10.9 percent respectively while non-fat dry milk buys fall 5.1 percent. Milk equivalent purchases rise 7.1 percent to 5.56 billion pounds. Uncommitted inventories drop sharply for butter 57 percent, cheese 30 percent, and non-fat dry milk 28 percent. total milk equivalent uncommitted down 43 percent. Bottled milk demand in Chicago stays weak as bottlers remain below normal despite last week’s heavier purchases.
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