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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Sep 29, 1982
Page
2
Market report from South St. Paul Minnesota shows cattle, hogs, sheep, and calves with varied price ranges. Slaughter steers mostly 57-58, hogs 60-63.50, feeder cattle steady, Holstein calves 60-80 top 87, springing Holstein heifers 900-1100.
Prices listed for various scrap metals and commodities at Max Phillips and Sons, including steel, aluminum cans, brass, radiators, scrap copper, sheet copper, glass, and newspapers. Rates shown per hundredweight or per pound, with notes on market conditions and weight thresholds.
USDA reports last week saw prices slide across cattle categories at South St. Paul yards. Slaughter steers down 3-4, cows and bulls 1-3, feeder cattle 1, slaughter lambs 1-2 lower, hogs up 1.50. Yield Grade 4 beef carcasses discounted amid large federally inspected slaughter.
The article compiles two sets of agricultural prices from Sept 29, 1981 and Sept 29, 1972, detailing grain, eggs, butter, and extensive livestock values. It notes declines and recoveries, with specific quotes for wheat, corn, oats, soybeans, cattle, hogs, sheep, veal, and dairy, plus regional potato prices and calf weights.
Prices slipped across cereals as harvest weather stayed favorable and cash markets softened. Minneapolis December wheat shed one cent to 3.87, Chicago December corn edged down to 2.214, soybean futures fell 22 cents to 5.41, rye slid 7 to 9 cents to about 2.83 to 2.85, oats rose 2 to 3 cents, malting barley gained, feed barley up five cents, soybeans down 42 cents to 5.24, all oilseeds lower amid bumper harvest expectations.
Feeder pig listings show American Feeder Pig Co op offering 45 lb pigs at 55. Midwest Livestock Producers quotes premium grade 40 to 50 lb pigs at 59 to 62 on farm pickup, and 40 to 50 lb pigs at 50 to 55. This reflects on farm pricing and weight bands for buyers seeking lightweight stock.
Trading rose modestly for Wisconsin potato dealers and shippers last week as round reds and whites posted small gains. Table stock shipments lag last year while chip stock stays ahead. table stock to date 1.9 million cwt vs 2.5 million cwt a year ago, and 597,000 cwt of processing chip stock shipped this season, up from 549,000 cwt. Week ending Sept 24 prices ranged from 3.25 to 3.75 per 100 lb for various russets and whites, with most russet burbanks stored and no quotes given.
Futures prices for Wheat Corn Oats Soybeans and Rye are shown with percent changes. Feedstuffs per ton FOB Minneapolis include soybean meal 44 and 48 percent lines, linseed meal, meat meal, brewers dried grains and other by products with quoted prices.
Prices for top fed cattle fell to about 58 cents per pound last week, the lowest in almost two years, while feeder sales surge as grain growers profit from cheap corn. Industry officials warn prices may fall further and urge producers to sell cattle rather than hold for higher returns.
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