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Newspaper
Lancaster Farming
Location
Lancaster, Pennsylvania, United States of America
Date
May 20, 1972
Page
14
Hogs and hogs market activity span May 15 to May 17 with barrows gilts and sows showing varied shifts. Prices cited include US 1 200-260 Ibs around 27.25 to 28.00, other grades at 25.0 to 27.5, and feeder pigs 15.5 to 17.75 per head across several weight ranges.
Receipts for the week reach 3700 with 4000 the prior week as slaughter steers and heifers rise 25 to 50 cents with most gains on Average Choice and below. Cows and bulls hold steady. Steers and heifers mostly average Good and Choice with several loads Mixed Choice and Prime steers and some High Choice and Prime heifers. Steers about 60 percent, heifers 25 percent, cows and bulls 15 percent. Mixed Choice and Prime steers 1240-1320 pounds bring 37.25 per hundredweight.
New York market notes show steady beef and lamb prices with higher costs for calves and veal and select improvements for hams and spare ribs. Pork trade remains active while railstock demand stays fair and overall volume of calf and veal remains moderate.
Average local grain prices quoted Thursday include Ear Corn 39.00 offered 45.33. Shelled Corn 1.39 offered 1.56. Oats local 15 95. Oats western 98 1.07. Barley 1.05 offered 1.29. Wheat 1.41 offered 1.61. Bid is buy price to farmers, Offered is sell price at mill.
Trend cattle and hog futures rise while potatoes hold steady and eggs slip. Market data provided by the Commodity Dept of Reynolds Securities Inc with closing bids and asks as of Thursday May 18.
Estimated receipts 11 500 with demand for thin fleshed cattle. Feeder steers and heifers pricing shows 500 to 1.00 higher with many weight classes listed, including primes and choice beef cuts as well as pork cuts. Prices cover flesh, ribs, loins, rounds, hams, and various feeder lots with lots of range data from 12 30 P.M. sales.
Reported receipts of 390 head of horses with market active. Killers 8 to 10 cents lower. Loads detailed by state and type: Kansas riding and driving horses 125 to 310, Illinois driving 200 to 450, New York driving 165 to 490, Indiana driving 165 to 440, West Virginia riding 175 to 475, Kansas riding 140 to 225.
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