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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Oct 09, 1985
Page
4
Futures on the Chicago Board of Trade show mixed activity across grain markets with figures for Wheat Oats and Soybeans including highs lows and closes. Notable levels appear around 2.85 to 3.09 for Wheat 1.21 to 1.37 for Oats and 5.03 to 5.58 for Soybeans amid daily shifts.
A Minneapolis market report lists futures percent changes for Wheat Corn Oats Soybeans and detailed cash prices for Spring and Winter Wheat Durum Rye Corn Oats Barley and Soybeans plus feedstuffs and livestock bids. Includes estimated receipts of 700 cattle 400 calves and 100 hogs.
Beetown sale lists 800 head sold including slaughter calves and replacement calves. Prices quoted per hundredweight cover culls, high grade Holstein steers, cows categorized as cutter and utility, and bulls with ranges from 32 to 48.75 dollars.
340 head sold including beef steers at 52.75 to 54, beef heifers 52.25 to 53.75, Holstein steers 47.25 to 49, butcher cows 36 to 39.25, bulls 44 to 45.50, veal calves 45 to 66, packer sows 35.50, boars 32. Prices reflect bid ranges from market report.
Market notes from EQUI on October 2 trade list cattle, calves, hogs and dairy items with steadiness or slight changes. Shelly cannners and Holstein replacements show mixed quotes, while feeder cattle and veal calves move within narrow ranges. Wisconsin eggs hold steady and butter and cheese prices remain unchanged. exchange dates noted for reference.
Price ranges for veal calves, Holstein cattle, cows, dairy heifers, sheep, feeder pigs, replacement calves, cull cattle, fed steers and hogs. Includes October 2 and October 4 trade figures with steer sale weights and quality grades.
Midwest Livestock Producers lists 40-50 lb pigs at 32.50 to 40.50, 50-60 lb pigs 36.75 to 41.25, and 60-70 lb pigs 46 to 47.50 with extreme tops up to 47 head weighing 39 to 67 lbs. At 1033 head traded, prices rose overall by 1.75 to 3.25 compared to a week prior.
Slaughter steers and heifers mostly steady to 50 cents lower amid weaker slaughter cow and bull prices. Peoria shows 50 cent to 1.50 higher cattle, South St. Paul portions steady, boxed beef at 91.42, down 2.47. Hogs generally firmer elsewhere, with barrows and gilts up 1.50 to 2, sows mostly steady to higher, delivers and terminal buyers mixed amid lighter marketings.
The week ending Oct 3 saw wheat and feed grains mostly lower across the U.S. due to large world supplies, tight storage, and weak export interest. Frost and cold snaps hit some Northern Plains regions, while exports and harvest pressure kept prices soft for corn soybeans and oats. spot and futures levels varied by grade and region with modest declines noted in several grains.
Daily market news reports Minnesota Wisconsin manufacturing grade milk at 11.64 per cwt with 3.7 percent butterfat, and 11.16 on a 3.5 percent basis, up four cents from August but down 1.52 from September 1984. Final Class II prices in 39 federal order markets are Group A 11.12, Group B 11.12, Group C 11.15. Secretary Black says dairy price support remains through November 14 due to new legislation, with an 11.60 support price for 3.67 percent test milk and CCC prices for butter cheese and nonfat dry milk unchanged from June 26.
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