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Newspaper
Lancaster Farming
Location
Lancaster, Pennsylvania, United States of America
Date
May 24, 1975
Page
14
Hog market notes show mixed movement with barrows and gilts up to 1.00 higher on May 19 1975 and another May period with steady to 50 lower. Prices listed by weight class and grade for US 1 2 3 and boars, including numerous ranges for 200 to 310 pound hogs and lows in the 37 to 41 dollar area.
Hog auction summaries from Indianapolis and Peoria dated May 23 1975. In Indianapolis 200 barrows and gilts sold slowly with openings 1.00-1.50 lower. US 1-2 200-230 lb at 48.50-49.00, US 1-3 200-240 lb at 47.50-48.50. In Peoria 4000 hogs with receipts 700 under estimate. barrows and gilts fairly active with openings 1.00 lower. US 1-2 200-230 lb 47.50-48.25, some at 48.50, US 1-3 200-240 lb 47.00-47.50.
Local feed and grain concerns report average prices per bushel with notes that not all dealers handle each commodity. Ear corn quoted per ton. bids are prices dealers pay farmers while offers are prices dealers charge mills.
Market compares to the prior Wednesday with slaughter steers mostly steady to unevenly higher in standards, cows steady to 50 cents lower, and a Prime 1305 lb steer at 50.75. Feeder cattle range 24 to 29.35 with various classes listed. calves, hogs, feeder pigs and sheep also reported with prices for multiple grades and weights.
Slaughter steers mostly steady to 75 cents lower than last Thursday. Cows up to 2 higher, vealers 2 to 4 lower. Feeder steers 25 to 32, calves 30 to 34, hogs mixed with barrows 47.00 per 100 pounds and sows 35.00 plus.
Chicago grain futures show corn down wheat up and soybeans mixed on closing bids May 23. Soybean meal trends lower as Reynolds Securities reports market activity from the commodity department.
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