Meat Supply Slumps as Cattle Demand Falters and Hogs Rally
Kansas City stock yards notes a firmer cattle trend with top beef steers at 17.40 and 11,000 head on receipts. Hogs rise 5 to 15 cents, top 16.55 on 9,000 head. sheep and goats fall, lambs up to 20.50 on 11,000 head. Packers seek to curb beef cattle gains yet need supplies. good fed steers remain scarce. Regional consignments from Texas Arizona and Oklahoma appear, while futures expect lower stocker prices. Packing action keeps hogs strong with light hogs trading around 19.50 and light hogs near 16.35. Native and Arizona lambs mix with various goat prices across categories.
MENTIONED IN THIS ARTICLE
Kansas City
Sheen
Texas
Arizona
Oklahoma
Colorado
Associated Press
Peport
Kansas
Uattle
Pep
Cunée
Tigers
Reopers
Markel Heap
Phetiy
Sa Foers Tak
Eatg- Sb
Sri Sa Aine
Anu Ir
Nur
F Hoest
Creamery
Hust
Ueusta
Bard
OLD. SPUDS CHEAPER New Stocks Coming On. Market Causes
Kansas City June 4 new stock prices for No 1 Florida Rose and South Carolina Cobblers Texas and Louisiana shipping points declined 5-1 per unit. Prices ranged 4.50 to 6.00 per barrel, f o b Meggett South Carolina. Quoted weaker at 4.00 per barrel f o b. Old stock unchanged at Michigan shipping points 0.60 to 0.70. Eastern consuming markets were slightly strong at 1.35 to 1.90 in bulk.
MENTIONED IN THIS ARTICLE
Kansas City
Florida
Rose
South
Carolina Cobblers
Texas
Louisiana
F. O B. Meggett
South Carolina
Michigan
Grain and Livestock Prices From Chicago Markets
The report details a vast spread of prices and receipts across commodities. Beef, dairy, and hogs show varied per-pound values while cattle and stocker prices trend. wheat, corn, oats, and rye markets list bids and closing figures from Kansas City and Chicago. Shipping demand is noted as heavy for both new and old stock with several price points cited.
MENTIONED IN THIS ARTICLE
Chicago
Job Too Big for Average Man
A reflective piece argues that managing people requires large intellect patience and attractiveness. It suggests world progress would not suffer from fewer self styled general managers and warns most aspiring bosses fail to deliver tangible results.
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