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Newspaper
Sidney Telegraph
Location
Sidney, Nebraska, United States of America
Date
Jan 24, 1977
Page
2
The U S Weather Bureau records soil temperatures at Sidney across three surface conditions. Sod two inches shows a reading, stubble two inches and bare ground two inches, indicating uniform shallow soil warmth.
Wheat holds its own despite some moisture in the Southern Panhandle. Increased winds and warmer temperatures after the storm caused much moisture to evaporate and little penetrated the frost layer. Continued drought and winds cast a dim outlook, though the key period is late February. Rangelands are dormant with deterioration limited to pastured areas. Feed supplies remain good.
Cash grain and livestock prices alongside cattle and hog markets for Chappell and Sterling on Jan 18 and Jan 19 1977. Wheat No 2 hard 2.71-2.81 No 2 white 3.00N Corn No 2 yellow 2.66-2.66? 2.60s varied. Cattle: steers calves 40.0 to 42.25 Heifers 32.5 to 35 Bulk cows 22 to 26 Bulls up to 30 Hogs 42 head 54 lbs 32 head 19 lbs 15 head. Also long-term US agricultural export context.
Wheat futures on the Board of Trade were mixed with steady March at 2.7414, higher May at 2.8014, up 2Vs, July at 2.853%, down Vs, September at 2.9134, up 4, and December at 3.01%, up 1. All quotes observed in Kansas City and dated March 2, reported by UPI.
Chicago Mercantile Exchange live cattle and hog futures are covered in a UPI dispatch from Chicago noting price moves and market activity. The report highlights ongoing trading interest in beef and pork contracts with typical volatility in early dealings.
Hogs steady to firm with some gains up to 50 cents for heavy 270 to 290 pound lots. No. 1-3 cattle at 41.25 to 41.75 for 200-230 pounds, feeders dominate market. Sows 300-450 pounds steady to 1.00 higher. cattle and calves total 700 with feeders ahead. Monday estimates: cattle and calves 6,500 hogs 5,000 sheep 800.
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