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Newspaper
Lancaster Farming
Location
Lancaster, Pennsylvania, United States of America
Date
Jan 31, 1976
Page
1
Penn State extension economist Moore forecast brighter cattle prices as pastures green in spring. He cited early 1976 data showing a 28 percent rise in cattle on feed across 23 states including Pennsylvania and a 10 percent jump in total cattle slaughter.
About nine tenths of Lancaster County's crop had been purchased for an average price of 58 cents per pound. Buyers say the market is unpredictable with only a few bidders active and some tobacco still hanging in sheds. Highest prices reached 63 cents for top quality aimed at cigarettes.
The large dockyard complex near Lancaster reports rising receipts across cattle and hog categories. Veal calf receipts up 35 percent, total cattle up 19.4 percent, feeder pigs up 325 percent aided by Seener pig sales, with daily auctions to boost activity via bonded commissions.
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