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Country Today in Eau Claire, Wisconsin

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Newspaper

Country Today

Location

Eau Claire, Wisconsin, United States of America

Date

May 07, 1986

Page

5

Weekly grain review shows mixed futures and weak demand

For the week ended May 1, Minneapolis May wheat futures fell 1% to 3.38 while Chicago May corn rose 4% to 3.45 and May soybeans gained 2 cents to 5.29. Spot wheat in Minneapolis/Duluth advanced modestly amid weak demand for low protein grades, while oilseed prices weakened. No.1 oats and barley mixed as buyers remained thin. For week through April 19, formula feed held firm with light forward business, soy meal declined, and alfalfa meal fell as new crop harvest nears.

Minneapolis Chicago Board of Trade Minneapolis/Duluth Chicago Upper Midwest

Midwest Livestock Prices End Week Mixed Across Regions

Slaughter steers and heifers closed steady to $1.50 higher at Midwest terminals through May 2 with gains up to $2 in Texas Oklahoma and Kansas. Slaughter cows mostly steady to $1 higher, bulls steady to $1 higher, Holstein steers down mainly $1. Feeder steers at South St. Paul ranged 47 to 63.50 across weights, barrows and gilts up $1 to $3, with sow declines at some markets. Dressed pork values rose as weights and packer demand shifted, with Iowa Southern Minnesota and Nebraska showing stronger prints for direct trade.

Midwest Sioux Falls Illinois Joliet Peoria Texas Oklahoma Kansas Iowa Minnesota Nebraska St. Paul South St. Paul Choice Barrows Indiana

Wisconsin Ginseng Growers Approve Market Order

Ginseng growers in Wisconsin approved a market order effective July 1 1986 to fund research educational and promotional programs. Fifty five percent of eligible voters cast ballots with 75 percent in favor. A seven member board was elected Duane Vetter Herman Hilmershausen Jr Cliff Stencil Jeff Schira Ron Krautkramer Wayne Kurtzweil John Rastl. Assessments apply to sales July 1 to December 31 1986 billed March 1 1987 then annually. Rate is 10 cents per pound dry or live root and 1.50 per pound for seed or tissue culture sold into commercial channels.

Wisconsin Leo Martin Marathon County Martin Duane Vetter Hamburg Herman Hilmershausen Jr Marathon Cliff Stencil Jeff Schira Mosinee

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