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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
May 05, 1965
Page
9
A detailed livestock price and market report shows cattle, hogs, and sheep activity. Slaughter steers and cows move with selective firmness while feeder cattle remain in small supply. bulls and vealers show varied demand. Hog and sheep prices trend mixed, with several weight classes cited and bids for stock cattle and cull offerings noted.
USDA reports wholesale egg offers in New York Tuesday with ample supply across grades. Whites extra fancy and fancy heavy weights show varied prices around 47 pounds minimum. mediums around 41 pounds. smalls and browns follow similar patterns. Demand remains unchanged as butter offerings stay ample.
Baltimore market notes show flour receipts 38596 700 lb sacks and wheat receipts 192187 by shipments none stocks 4870126 with opening prices for No 9 red winter. corn oats barley rye soybeans and millfeed listed with receipts shipments and stocks figures though many entries are zero or incomplete.
Barrows and gilts were scarce with limited new sales. Hog receipts reached 300 with early arrivals scarce and prices up about 50 cents. Wheat, corn, and barley futures edged mixed in New York and Chicago trading, while cattle and hog prices showed slight gains and a thin slaughter lamb trade posted around 26 to 27 dollars.
An improved demand gave soybeans and old crop corn slight firmness in the spin futures, while wheat oats and rye eased marginally amid ongoing liquidation. May wheat traded under pressure, while May soybeans were unchanged to 154 cents a bushel. May corn edged higher to around 1 3358-12, oats and rye mostly weaker or unchanged.
Blue chips led a broad market surge with the Dow Jones Industrial Average up 6.11 points to a record close of 98.22, while the AP average gained to 34.28. Volume reached 576 million shares with 605 up and 485 down on 1,381 issues traded.
Chicago based hog market rose again Tuesday extending a sharp advance by as much as seven cents a hundredweight. The top price climbed to 2075 dollars per hundredweight, a record high since 1958.
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