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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Nov 11, 1981
Page
2
The market report shows cattle and hogs at steady to weak levels. Slaughter steers and heifers move in narrow ranges around mid 50s, Holstein steers and other categories with mixed but mostly steady quotes. Wealers and hogs exhibit limited gains, with lambs and calves reflecting softer demand.
Market notes for Ettrick cattle show strong utility at 39 to 43 percent and canner and cutter 38 to 42 with light canners 34 to 38 and heavy dairy 45 to 49. Beef deals run 45 to 49 and light cattle 40 to 45. Also listed is complete automobiles with a market down signal.
Wisconsin market notes show replacement calves steady with Holstein bulls 110-135 lbs and heifers 70-120 lbs, fed cattle weak, hogs steady to strong with top butchers at 41-41.5, calves steady for replacement beef and Holstein options, butter and cheese prices unchanged, eggs steady with grades listed and a detailed market evaluation committee weight classes and checks.
The market sheet lists prices for SPRING WHEAT No 1 dark northern 13 percent 4.38 14 percent 4.40 15 percent 4.43, WINTER WHEAT No 1 dark hard red 12 percent 4.38, Durum 4.75, RYE 3.65-3.75, CORN 2.38, OATS 2.37, BARLEY Larker 3.15-3.30 Beacon 3.20-3.30, Feed No 3 or better 2.33, SOYBEANS No 1 yellow 6.22, FLAX No 1 7.30, SUNFLOWER SEEDS cat 11.05, and FEEDSTUFFS (Nov 3 prices) for Minneapolis per ton including Soybean meal 184.50, Linseed meal 150, Meat meal 230, Brewers' dried grains 122, Wheat bran 78, Wheat middlings 75, Alfalfa meal dehydrated 105.
Madison Wisconsin shipments of potatoes increased last week as buyer demand rose for non sized russets. Packing sheds stayed active with growers harvesting fields. A total of 342,200 hundredweight were shipped, 68,000 cwt higher than the prior week, lifting the season total to 4,974,800 cwt, about 7 percent above the same period last year.
Cattle and sheep showed mixed to higher values while hogs slipped. Slaughter steers mostly fell 50 cents to $1 with Holsteins steady to up 50 cents. Slaughter cows rose about $11.50, bulls steady, weaners and replacement calves varied, hogs and lambs moved differently, and carcass values edged down from last year.
For the week ending Nov 5, soybeans jumped on the Minneapolis Grain Exchange while other grains moved unevenly. December wheat rose 2 cents to 4.24, corn slid to 2.8644, and soybeans closed up 9 cents at 6.56. Spot spring wheat rose to 4.38 with 14 percent protein, winter wheat at 4.35, durum 4.75, and rye weakens as spot oats firm modestly. Oilseeds and meal futures rose with sunflower and linseed meals steady, while animal feedstuffs edged higher and various grain byproducts traded firm or unchanged.
Grain and soybean futures closed mostly down on the Chicago Board of Trade. December corn fell to an earlier life-of-contract low, trading around 2.83 per bushel. December wheat slipped to about 4.34 per bushel, oats near 2.24, and November soybeans near 6.52 per bushel. Futures activity occurred on Monday.
The report notes previous day open interest at 10,062 with an increase of 447. It also lists prior day open interest as 79,064 and 144,563, alongside 92,107 with a 700 figure. No narrative context or dates provided.
Last week price ranges for feeder pigs show American Feeder Pig Co-op with 45 lb pigs at 30.25 to 31.25 dollars per head. Midwest Livestock Producers lists 40-50 lb pigs in premium grade at 29 to 31.50 dollars, picked up on farm, and 40-50 lb pigs at 30 to 35.50 dollars.
Grain Wheat 4.45 percent corn 3.33 oats 1.92 soybeans 8.44. Eggs extra large 76 to 79 large 74 to 78 medium 70 to 75. Livestock cows 35 to 46 dairy heifers 43 to 49 bulls 40 to 54 calves 40 to 80 fed cattle 56 to 62 slaughter hogs 44 to 45 sows 40 to 41 boars 31 to 33 beef feeder prices 45 to 58 beef feeder steers 52 to 68 Holstein feeders 45 to 55 slaughter lambs 55 to 57. Butter Grade AA 1.48 to 1.49. Potatoes Wisconsin russets 7.50 to 8.00.
Grain prices listed include wheat at 1.67, corn 1.06, oats 76, soybeans 2.99. Eggs show large 36-37 percent and medium 30-31 percent. Livestock values cover cows 184-23, heifers 2242-254, bulls 23-29, fed cattle 23-33, veal calves 26-54, hogs 18-19, sows 15-17, boars 11-13, lambs 234-2444. Butter Grade AA 67.78. Minnesota North Dakota round red potatoes 2.50.
Daily market notes spot shipments of Wisconsin bulk fluid milk to out of state areas rose to 14 loads last week from three the prior week and a lone load a year ago. Most loads head to the east north central region with one into the south central region. Prices were unchanged at the CME and US cheese exchanges. CCC bought 2 million lb butter 2.2 million lb cheddar blocks 4.3 million lb barrel cheese and 16.1 million lb nonfat dry milk powder totaling 105.5 million lb milk equivalent. sold 858,000 lb standard NDM powder at 0.5711 to 0.5891. For week ending Oct 29 butter output fell 3 from prior week but rose 4 from a year ago cheese output fell 3 from prior week but rose 3 from a year ago.
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