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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Sep 07, 1983
Page
2
Market report lists cattle and hog category ranges for Sept 2. Cows steady to weak with various cuts and weights. Calves, feeder cattle, Holstein and veal figures provided, along with hogs and sows price bands. Prices include open Holstein heifers and springing Holstein heifers at 750 to 850 dollars.
South St. Paul Minnesota reports for September 6 show cattle volumes with 2,500 cattle and hogs 4,000, steers and heifers steady to mixed. Prices list various weight ranges for slaughter steers heifers cows bulls hogs and lambs with shifts down two in hogs and steady to strong in cattle segments.
Market report shows steady cattle prices with top 41 40 for Utility cows and 37-39 for Canners and cutters. Bulls and dairy stock priced. feeder pig auction noted with bulk pigs 40-60 lbs. Hogs steady with 210-240 lb butchers at 46.4 and lighter weights 30-35.
Fluid milk averaged 13.44 per hundredweight in all federal market orders for July while manufacturing grade milk producers received 12.28, down two cents from June. The report notes the U.S. milk feed ratio is mentioned but not completed in the provided text.
Feed pig prices range from 17 to 23 dollars for 40 to 50 pound stock with feeders in Minnesota and Wisconsin. Wisconsin milk shipments show 70 to Florida and smaller loads to Alabama Illinois and Indiana totaling over 100 loads for the first time since September 1979, as bottlers adjust to school pipelines and Labor Day closures.
The markets list Wheat at 2.99 percent, Corn 2.464, Oats 1.21, Soybeans 6.89. Egg sizes without quotes, Butter Grade A at 84-85. Texas Round Reds potatoes priced at 5.00 per bag. Livestock equity ranges include cows 30-39, heifers 36-42, bulls 35-47, fed cattle 36-48, veal calves 35-74, hogs 32-38, sows 32-35, boars 32-35, slaughter lambs 28-36.
Wisconsin eggs and produce notes firm butter prices with Grade AA at 1.50 and Grade A at 1.48 to 1.49 and Grade B at 1.47. Cheddar barrel prices unchanged at 1.33 and 40 lb blocks at 1.35. Eggs steady with extra large 78 to 83, large 75 to 78, medium 62 to 65.
USDA market report shows lower dressed beef prices amid larger slaughter totals and sellers moving cattle cheaply. Demand for steers under 1,050 pounds and heifers under 950 pounds was very narrow, with buyers often uninterested. Cattle slaughter totaled 738,000 head, hog slaughter rose to 1,549,000, and prices across cattle and hog categories fell several cents per pound. Lamb demand was strong with prices up, while veal calves and Holstein replacements sold broadly steady.
Weekly grain review reports prices slipping after the shooting down of a commercial Korean airliner heightened US Russia tensions. Traders fear the incident could disrupt future grain trade between the two nations. Minneapolis September wheat settled down at $4.19 and Chicago Sep- options were noted as part of the market pullback.
U Can Recycling Center prices show corn futures down to 3.53 a bushel and Chicago soybeans at 9.11 while spot spring wheat slips to 4.34 and rye to 2.70. Oats ease to 1.76-1.90, barley softens, and soybean meal retreats to 226-229 a ton at Minneapolis docks.
The listing shows futures for Sept Wheat at Milwaukee 4.17 percent and Sept Corn 3.58, Sept Oats 1.76, Sept Soybeans 9.10 percent. Cash prices include Spring Wheat No 1 U S dark northern at 4.30 4.33 4.37 for 13 14 15 percent. Winter Wheat No 1 dark hard red 4.20 percent, Durum 5.35, Rye No 2 2.65, Corn No 2 3.48, Oats No 1 1.80 1.90, Barley and others with quotes unavailable. Soybeans No 1 yellow 8.68 percent. Flax No 1 7.20. Sunflower seeds 14.40 per cwt. Aug 30 feedstuffs include soybean meal 44% 229, 47% 242, linseed meal 34% 170, meat meal 50% 260, Brewers' dried grains unknown, wheat bran 94, wheat middlings 92, alfalfa meal 120.
UW extension dairy expert Robert Cropp notes 1983 to 1984 milk output will hinge on dairy legislation, crop and livestock prices, and feed costs driven by dry hot weather. July 1983 milk production rose 4.5 percent from 1982 but fell 1.2 percent from June, with Florida and Wisconsin showing contrasting changes. California posted a July gain of 6.4 percent from June while many states improved over July 1981. Congress faces three dairy policy paths when it reconvenes September 12, affecting incentive and milk price support structures.
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