Purchase Feeder Cattle Carefully Says Specialist
Gene Futrell of Iowa State University urges careful selective buying in the feeder cattle market. He notes prices may not fall much further and that late October yearling prices were 2 to 3 dollars below the prior year while calves averaged 3 to 5 dollars lower. He says buyers should seek the right cattle and reports heavy movement of stockers into Corn Belt states, with only 40 percent of Western feeder cattle moved or contracted by October.
MENTIONED IN THIS ARTICLE
Gene Futrell
Iowa State
Futrell
Corn Belt
The
Corn
Cattle Feeding Outlook Mixed Amid Higher Belt Shipments
Belt shipments rose in the July to September quarter with September up 21 percent from a year earlier and overall up 18 percent. Calf movement from pasture to feedlots remains heavy with projections for several weeks, while direct sales and contracts are down. Winter feed supplies are adequate in most western ranges and grazing prospects for late fall and winter look reasonably good according to Futrell. Prices for winter and spring fed cattle are seen averaging one to two dollars higher than last year, though late 1965 could lag 1964 by similar margin. Feed grain costs rise modestly while protein feeds may cost less, suggesting improved feeding profits in the first half of the coming year.
MENTIONED IN THIS ARTICLE
Garlier
Iowa
Futrell
Final Marketing Date Nears For Wool Producers
Growers must finalize all wool and lamb marketing details by December 31, 1964 to qualify for 1964 wool program payments. The calendar year marketing year means sales not settled by year end will count toward 1965 payments, with distributions expected in spring 1965.
MENTIONED IN THIS ARTICLE
ASCS
Toe A Lyrich
Marketing
Ee Sr
Dec
Palo
Alto Ating
Brennan
Yearlings and Calves Called Useful in Corn Gleaning
A fragment notes yearlings and calves as useful for gleaning corn. It hints at farm shouldering tasks and quotes a state suggestion, though context is unclear. The line mentions use of animals in field work and references a rural setting.
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