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Newspaper
Lancaster Farming
Location
Lancaster, Pennsylvania, United States of America
Date
Aug 24, 1968
Page
12
Slaughter steers show mixed to higher bids with Prime and high Choice at 25 to 50 cents up. Cows rise up to 50 cents while bulls hold steadier. Feeder steers stay steady as 50 percent slaughter and 20 percent cows and bulls balance with feeders.
Slaughter steers up to 50c higher hr day, cows steady to 25c higher. bulls stable to strong. 20 percent cows in supply. High Choice to Prime 1000-1300 lbs priced 2900-2985, 12 head 3000-3050. Choice 950-1325 lbs 2750-2900. heifers 825-1000 lbs 2500-2585. Hogs and sheep show broad gains. spring lambs 25.50-26.50.
Cattle fell while hogs edged up and potatoes rose in the futures market on Thursday August 22 1968. The trend showed softer cattle, modest gains for hogs, and higher potato prices.
Slaughter steers near last week with gains to 50 cents. Cows uneven, utilities steady to 50 cents lower, canners and cutters up to 50 cents. Bulls steady to 50 cents higher. Calves and vealers show wide ranges with vealers 44.50 to 47.00 for Choice and Cull at 26.50 to 32.00 for light weights.
The nation's farm labor force numbered 5 745 000 workers in July marking a record low for the month. During the survey week of July 21 27 the total work force included 3 855 000 family members and 1 890 000 hired workers. Family workers were 33 percent below July 1967 levels and hired workers 43 percent lower than a year earlier.
Slaughter steers show strength with gains up to 50 compared with last Friday driven by High Choice and Prime over 1150 pounds. Cows and bulls mostly steady, heifers unchanged. local receipts reported at 16 500. Price and weight indicators indicate record highs for steers while year over year comparisons show differing Prime and Choice shares.
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