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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jan 05, 1966
Page
9
National and state markets show higher stocks with mixed bonds. Chicago wheat weak on old crop months. corn and oats mixed to easier. Soybeans down on late profit taking. Hogs steady to 75 cents higher, top 2950. slaughter steers steady to 50 cents higher, top 27.25. Hogs 16 packages and 232 lb fat hogs noted at 2975. sheep trades hampered by thin offerings.
New York AP USDA report shows wholesale egg offerings irregular with slight demand improvement for whites and browns across fatty grades. Butter demand remains slow as creamery prices for AA and A scores show limited movement amid ample bulk-carton supply. Baltimore cattle receipts are below offerings with hog receipts moderately active and barrows and gilts mostly steady with a Monday decline.
Baltimore notes flour receipts 1 570 100 lb sacks with 107 523 bushel wheat receipts and 13 000 bushel shipments. Corn receipts 236 542 bushels with 96 000 bushel shipments. oats and rye show limited activity. Barley, soybeans, and millfeed amounts listed with minor totals and stocks.
Cattle sale shows fewer slaughter steers and heifers than the prior Monday with cows up to 7 dollars higher and bulls steady to 50 cents. Prices listed for utilities, canners, cutters, and feeders reflect thin offerings and some high individual prices, with several weight ranges and classes cited.
Stock Cattle steady with stock heifers to 2000 and bulls to 1950. Butcher cattle steers to 2435 and cows to 50 cents higher. veal calves variable with choice $100 higher. Hogs see largest run ever. prices down about 200 from last week, with various weight ranges cited.
AP report from Chicago notes a small hog supply of 3,500 head with early demand but slow trade as the market holds steady to 8 cents higher. Tops reached $29 . Mixed No 11 and 2 grades sold from $29 to $30. Heavy offerings and lighter weights show varied gains, while slaughter steers rise up to 50 cents on lighter weights and lambs stay steady. Prices for prime and high quality cattle ranged around $25.75 to $27.25.
Chicago AP reports profit seekers pushed grain futures into broad weakness Tuesday. Old crop wheat and soybeans retreated after early season highs as March and May wheat fell over a cent, rye down 10 cents or more, corn and oats showing smaller moves. Soybeans slipped about 4 cents from peaks with losses to 2 cents. Futures prices closed lower across the board with mixed shifts in March contracts.
Washington AP report on Johnson peace effort entering a pause with no public sign of Viet Minh readiness to discuss an end to the Southeast Asia war. Emissaries and diplomats abroad form a high profile push while the Christmas truces frame a pause before Congress opens.
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