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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Sep 01, 1982
Page
2
South St. Paul and Eau Claire market notes show cattle vealers hogs sheep and feeders with varied bids. Slaughter steers Holstein steers cows bulls and replacement calves list price ranges and odds for quality grades with weekly volumes and auction details.
Daily market notes show Madison fluid milk production dipping toward seasonal lows in the East and Midwest with reduced schedules and plant closures. Western output declines though California still faces regional surplus demand. Government purchases total 154.2 million pounds last week, and the year to date through Oct 1, 1981 rises 7.1 percent to 12.8 billion pounds, prompting talk of a second 50 cent cut in the dairy support price.
The first seasonal potato market report shows slow trading and prices well below last year. Wisconsin planted potato acreage is up 15 percent focused on processing. Week ending Aug 27 prices: non sized Norgold sussets 44.50 per 100 lb, early gems 3.75, round whites 3.25, round reds 4.50. Total shipments 658,000 cwt versus 1.1 million a year ago. processing shipments 378,000 cwt, slightly less than last year’s 380,000 cwt.
The report notes higher grain futures and cash prices despite larger feed crop outputs. Rye, oats, corn, soybeans, flax seed and sunflowers moved on demand, with soybeans at 5.71, sunflower prices up to 11 per hundred, meal prices up sharply, and butter and cheese largely steady in the regional market.
Minneapolis wheat futures at 3.87 per bushel, corn 2.26 in Chicago, oats 1.51, soybeans 5.51. Rye No 2 2.95 3.00, corn No 2 2.90, oats No 1 1.50 1.61, barley Larker 2.40 2.70, beacon quoted no, feed No 3 or better 1.68. Soybeans low 5.58 percent, No 1 yellow flax 6.00, sunflowers no quote. Aug 24 Minneapolis prices for meals and byproducts: soybean meal 44% 174.90, 48% no quote, linseed meal 34% 145, meat meal 50% 200, brewers’ dried grains 94, wheat bran 63, wheat middlings 61, alfalfa meal dehydrated 100.
Falling prices dominated last week at South St Paul markets. Slaughter steers were steady to 50 cents lower, Holstein steers unevenly to a dollar lower, cows and hogs down, bulls steady, feeders mostly steady with Holsteins down up to two dollars, and lambs down as much as five dollars from prior week.
Slaughter steers topped at 64.80 per cwt with weights 1,025 to 1,300 pounds. Fed steers 60c range, Holstein fed 52–60c, slaughter heifers 55–62c. Cows 30–42c, top 43c. Bulls 42–53c, Yield Grade 1 exotics up to 55c. Holstein feeders 57–66c, replacements to 70c. Barrows and gilts mixed as demand rose. Hogs 64–65c, sows under 500lb 55–56c, over 500lb 50c higher. Sow market 18% of hog run. Feeder pigs 2–5c below prior week. Slaughter lambs 51–55c, ewes 5–14c, feeder lambs 45–50c.
The Wisconsin Department of Agriculture food division will hold a public hearing on September 8 in Madison at 1 30 p m in the department board room to consider Ag 30 milk quality tests and an Ag 70 ice cream labeling amendments. Officials seek approval to use a more sensitive assay bacillus stearothermophilus and to set minimum nonfat milk solids and protein levels for ice cream quality. Written comments are due by September 30 with copies available from the DATCP Food Division or by calling 1 608 266 2227.
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