Futures trading on the Chicago Board of Trade Tuesday
Futures trading activity continued at the Chicago Board of Trade and Mercantile Exchange on Tuesday with volumes steady and price ranges narrow as traders awaited further economic signals.
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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Sep 10, 1986
Page
4
Futures trading activity continued at the Chicago Board of Trade and Mercantile Exchange on Tuesday with volumes steady and price ranges narrow as traders awaited further economic signals.
Sept exchange data lists complete automobiles prices for large medium small and compact models from 20 to 22 dollars each, with various used stock values. Ferrous scrap markets show weak steel and nonferrous items with prices for motors appliances and aluminum cans. Nonferrous metals like brass radiators stainless steel and copper are noted with per hundredweight ranges. Paper and other items include weights for newspaper and corrugated boxes, all showing Sept 9 pricing from South St. Paul Minnesota. Livestock figures for cattle vealers hogs and sheep are given for Monday volume.
Slaughter steers fully steady 1 100 1 300 lbs at 53 55 Good and choice. Heifers 900 1 200 lbs at 58 59. Cows steady to weak high yielding 37 39 Utility and commercial. Beefs, no. 1 and 2 1 400 2 200 lbs 44 48. Weaners 150 250 lbs. Hogs Nos. 1 and 2 210 260 lbs. Sows under 500 50 c lower, over 500 up 1. Boars over 300 lbs. Feeder pigs 40 50 lbs. Sheep and lambs steady to 1 lower Choice and prime wooled 61 63 shorn 63 65. Slaughter ewes steady 18 22. Spring feeders steady 58.
Prices for wheat corn oats soybeans and butter are listed with ranges for grains and eggs, plus livestock categories such as cows, dairy heifers, bulls, fed cattle, slaughter hogs, sows, boars, beef cattle, beef steers, Holstein feeders, slaughter lambs, veal calves, and butter. Separate potato price ranges appear for Sept 9 1976.
Trade data from Zumbrota Minnesota shows September activity with 506 head of slaughter cattle and 1597 head of feeders trading. Prices ranged across cattle, hogs, and pigs with feeders up to 5 dollars higher and heavy sow and slaughter cow ranges noted.
On September five exchange day butter rose by up to two cents with Grade AA at 1.53 percent and Grade B at 1.51 percent while cheese fell two cents with Cheddar barrels at 1.21 percent and 40 pound blocks at 1.25 percent Wisconsin eggs showed steady ranges for sizes extra large to medium with prices from .65 to .68 for extra large and .54 to .57 for medium
MILWAUKEE cattle market report lists prices for Fed Cattle by class including Choice steers 54 to 57 and Choice heifers 52 to 55 with Holsteins 46 to 55 and standard steers 41 to 45. Slaughter cows utilities 38 to 40 and canners 31 to 37. Calves veal 60 to 80, bulls 44 to 47, hogs sections include sows 300 to 350 pounds 56 to 58 and over 500 pounds 58 to 60. Receipts: 700 cattle 400 calves 100 Belmont.
Trade notes 433 head of beef steers and mixed cattle. Heifers 58 to 61 cents, Holsteins 51 to 54.75, Holstein heifers 43 to 49. Cows 36 to 42, bulls 46 to 49, veal calves 40 to 99. Boars 61.50 to 62.75, sows 57 to 60, butcher hogs 61.60 to 62.75. Three percent shrinkage on morning delivered fat cattle.
On September 3 trade, 479 calves sold including slaughter calves at .35 to .55, culled and crippled calves lower, replacement calves from .60 to .95, choice steers at .60 to .61, choice heifers .58/2 to .60, choice Holstein steers .52 to .54, cows at cutter utility .37 to .41, canner .33 to .37, cutter bulls .45 to .50, with 3 percent shrinkage on morning delivered fat cattle.
Statewide dressed beef prices listed for cull cows Holstein steers bulls and fat cattle with price ranges and discounts. Notable figures include choice steers 91 and good 87, bulls 80, fat cattle 97 with reductions of 4 to 12 dollars on various grades and cuts.
Feeder pigs show steady to up 3 with top lots at 53 to 66 pounds. Cattle and calves trend steady to higher with varying weights and prices across cows bulls calves and replacement stock. Hog markets mixed with steady butcher and packer values. September 2 3 and 8 trade notes include regional prices from Sparta and Lancaster auctions.
Market report lists cattle, calves, hogs, and dairy items with steady to active trends. Price ranges cover cows, bulls, feeder cattle, replacement calves, veal, and fed steers, plus dairy heifers, Holstein values, and regional potato prices and shipping point data.
Futures for Wheat in Minneapolis at 2.66, Corn 1.6512, Oats 1.18, Soybeans 4.77. Cash prices show Spring Wheat No 1 U S dark northern at 2.69, 2.89, 3.24 for 14 15 percent protein. Winter Wheat No 12 2 61 percent 2.61, Durum 3.05 3.35. Rye No 2 1.50 1.70. Corn No 2 1.41. Oats No 1 1.24 1.28. Barley Mile 1.45 1.80. Feedstuffs per Minneapolis ton Soybean meal 44 175.80 Soybean meal 48 183.80 Linseed meal 34 111 Meat meal 50 195 Wheat bran 35.00 Wheat middlings 35.00 Alfalfa meal dehydrated 90.
The Country Today is a rural oriented independent weekly newspaper mailed each Wednesday to farm households in Wisconsin Illinois Iowa and Minnesota. It provides postal information subscriptions rates and addresses for changes and offices in Eau Claire Wisconsin with publishing facilities at 701 S Farwell St and is a subsidiary of the Eau Claire Press Co.
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