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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Oct 27, 1976
Page
11
Milwaukee live cattle and calf markets show steady to uneven trends with steer and heifer ranges from 28 to 39 dollars, Holstein steers at 31, cows 18 to 23, calves 30 to 50, and hogs and sows at various level bands. Chicago report notes butter at steady wholesale prices and USDA quotes with unquoted high grades.
Wisconsin cheddar cheese market Tuesday shows weak demand with ample supplies. Barrel cheese 87.75 to 88.00, 40 pound blocks 91.25 to 94.50, singles daisies 97.75 to 99.25, longhorns 97.75 to 100.25, midgets 98.50 to 100.50.
Campbell Soup Co. joins a profit elite after 1976 year end with $101 million net on $1.6 billion sales. Campbell leads in soups, Swanson dinners, V-8 juices, Pepperidge Farm, and new lines like Chunky. Diversification now surpasses half of sales as it pushes into restaurants and snacks.
Cattle and calves market slow with steers and heifers lower, Holsteins steady. bulls steady. hogs active with 50-150 higher. sows up to 50 higher. sheep and lambs steady with good and choice slaughter lambs 40.50 to 42.00 and feeder lambs 44.00 to 47.00. Regional cattle, hog, and sheep prices shown across weight classes and classifications.
Futures trading on the Chicago Mercantile Exchange opened with activity across several contract months including December February April June and October. Traders monitored early price moves as market participants weighed mixed economic signals and shifting commodity expectations.
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