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Newspaper
Lancaster Farming
Location
Lancaster, Pennsylvania, United States of America
Date
Jun 28, 1975
Page
14
Slaughter steers mainly 2.00-3.00 lower with weaker late sales. Cows and bulls set lower ranges while bullocks and heifers show mixed results. Veal calves and feeders fall modestly, with returned to farm stock around 26.00-46.00 for Holsteins and light calves.
Hog price activity across dates June 21, 25, 23 and 26 1975 shows barrows and gilts rising up to 6 dollars higher in spots with US No 1-3 200-240 and 200-250 pound ranges around 58 to 60 dollars. Markets describe uneven activity and lighter weights with feeders at 22 to 29 per head and sows around 40 to 47 dollars per hundredweight.
Hogs traded unevenly with barrows and gilts mostly steady as activity recovered from a slow opening. Trading ranged across weights from 200 to 320 pounds with prices from 53.50 to 59.75 per hundredweight, led by US 1 and US 1-3 contracts and lighter stock around 55 to 59 dollars.
The June 26 closing summary shows stronger cattle and potatoes and eggs, with hogs mixed. Market data provided by Reynolds Securities, Inc. reflects activity across futures components with a focus on current price directions and demand signals.
Chicago market update shows corn futures slipping along with wheat while soybeans advance and soybean meal trades lower amid varied demand signals and harvest pace expectations.
An African proverb notes the world worsens when small mishaps cascade into larger harm as an egg breaks the bowl. It reflects on fragility and consequences of simple errors.
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