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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
May 29, 1985
Page
4
The report shows steady market across categories. Calves range 40 to 75 with prime values 65 to 75. cattle mostly 41 to 53. dairy heifers 44 to 50. Holsteins 49 to 52. feeders from 45 to 62. veal calves 40 to 70. hogs steady with No 1,2 at 42 to 42.50. feeder pigs 35 to 44.
May 24 exchange shows butter higher on B Grade AA at 1.412 and Grade A at 1.402 with Grade B at 1.38. Cheddar cheese prices fall with barrels at 1.22 and 40-lb blocks at 1.26 on May 23. Wisconsin eggs hold steady with Extra large 47-50 and Medium 38-41. no quote for Extra large.
Market notes show ranges for calves replacement cattle and dairy heifers with steady cull cattle and hogs up to 1.50 higher May 24 trade lists choice to standard Holsteins and dairy heifers with varied prices for slaughter cows and calves including veal and feeder bulls. Sows and boars are listed with weights and price bands.
Lancaster feeder pig sale on May 22 moved 1,399 head, 179 more than a week earlier, with prices up by 36.50 per hundredweight across weight classes. Extreme tops included 191 head at 44 pounds for 45.75, 56 head at 45 pounds for 48.50, 40 head at 50 pounds for 52, and 50 head at 51 pounds for 55. Memorial Day weekend disrupted several markets and left some reports unavailable.
A snapshot shows June 6 1984 grain prices wheat 4.39 corn 3.44 oats 2.00 to 2.05 croeue 8.0514 eggs extra large 6-67 medium 54-56 livestock ranges include cows 32-43 dairy heifers 40-46 bulls 35-50 calves 35-70 fed cattle 52-58 hogs 45-48 sows 38-41 boars 32-36 beef heifers 42-52 beef steers 52-60 holstein feeders 38-47 slaughter lambs 58-62 butter 1.41-1.43 percent. Ten years earlier May 27 1975 lists wheat 3.22 corn 2.76 oats 1.79 soybeans 5.16. Extra large large 49-53 medium 40-43 cows 18-25 percent dairy heifers 28-48 percent bulls 21-28 percent fed steers and heifers 18-30 veal calves 15-44 slaughter hogs 42-46 percent sows 35-42 boars 30-38 slaughter lambs 46-50 butter 69.19.
Market quotes list May 24 cash and futures prices for Wheat Corn Oats Soybeans and related feedstuffs. Highlights include Minneapolis and Chicago bids for cash grain with specific percentages and protein levels, plus per ton feedmeal and byproduct prices for May 21.
Flooeetown livestock sale lists 755 head sold including slaughter calves 30 to 68, replacement calves 60 to 95, and Charolais steers 57 to 58.60, heifers 55 to 57.50, Holstein steers 50 to 52.50, various cow types 41 to 45.75 and 36 to 4 for canners. Feeder cattle sale May 18 features 700 head with beef steers 350-550 lbs 68-75.50, 600-750 lbs 62-66, 750-850 lbs 59-63. Beef heifers 350-550 lbs 58-63, 600-750 lbs 56-60. Holstein steers lighter 55-63 500-600 lbs 53-57 and 700-850 lbs 51-54.
Grain and soybean futures fell sharply on Tuesday in moderate trading on the Chicago Board of Trade. The downturn reflected broad selling across the grain complex as investors reassessed supply and demand prospects.
Madison processing plants run near yearly peak with milk receipts varying from slight declines to increases. Memorial Day week expected to back up supplies as demand for bottled milk stays light. No interstate spot loads of Wisconsin whole milk shipped in week ending May 23, while April 1985 federal orders show 8.3 billion pounds marketed, up from 1984. Butter steady in CME and NCE. CCC purchases for May 24 total 9.8 million pounds butter, 13.4 million pounds cheese, and 25.1 million pounds nonfat dry milk, largest since 1983.
Wheat and feed grains moved mixed to lower as planting accelerates and a strong dollar dampens export demand. News of large world stocks, India and Spain export activity, and imports by Japan contrast with light farmer offerings, slower barge movement, and soft Minneapolis grain prices.
Slaughter cattle edged $1 lower in most Midwest terminals with Peoria prices 50 cents to $2 higher. Omaha and Sioux City fed steers and heifers rose up to $1 while other markets dipped. Bulls held steady to firm. direct trade mixed with light numbers. Marketings eased, estimated slaughter down 8 percent week over week. Trade for light-weight hogs and sows showed stronger gains at terminal and direct trades.
The Agriculture Department reports higher spring egg output with April production at 5.67 billion eggs, a 1 percent rise from last year. Laying hens on May 1 numbered 273 million, down 1 percent, while the lay rate reached 68.2 eggs per 100 birds, up from 67.8.
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