I
New Holland Hogs
New Holland Sales Stables
New Holland, PA
Monday, Sept 14, 1987
Report Supplied by Auction
TODAY
LAST MONDAY
LAST YEAR
TREND: NOT COMPARABLE.
MARKET NOT REPORTED LAST
MONDAY BECAUSE OF HOLIDAY.
BARROWS AND GILTS: US 1-2
210-250 LB. 55.50-56.00, FEW EARLY
56.50-57.50. LATE SALES 55.00-55.50.
US 1 210-245 LB. 57.75-59.00.
US 1-3 210-250 LB. 54.00-55.00.
US 2-4 250-270 LB. 5Z50-53.25, ONE
LOT 306 LB. 45.25.
St. Louis Hogs
4000- BARROWS & GILTS SLOW,
1.00-1.50 LOWER.
US 1-3230-270 LB. 52.00-SZSO.BULK
52.50; 200-230 LB. 49.50-52.00.
SOWS: 300-500 LB. 50-1.00 LOWER;
OVER 500 LB. 2.00-3.50 LOWER.
(ABOUT 10%)
US 1-3 300-500 LB. 47.50-48.00;
500600 LB. 50.00-51.00; OVER 600 LB.
52.00.
BOARS: OVER 300 LB. 48.50;
UNDER 300 LB. 44.00-45.00.
Indianapolis Hogs
1000- BARROWS & GILTS SLOW,
1 75 LOWER.
US 1-3 225-255 LB. 52.00-52.50
SOWS; MODERATELY ACTIVE,
2.00-4.00 LOWER. (17%).
US 1-3 450-700 LB. 46.00-54.00.
BOARS- OVER 400 LB. 45.00.
FUTURES MARKET TRENDS
fggfgj*? GRAIN AND LIVESTOCK
ACRES CORN UPDATE:
Com futures closed higher in spil
lover strength from the spymeal
pits, making gains linked to Soviet
interest. Prices were also under
pinned on the continuing lack of
movement in the midwest where
rains have caused a delay in
harvest The September option
closed up 4-1/4 at $1.75 and
December gained 3-3/4 and stayed
at resistance of $l.BO-1/4.
ACRES SOYBEAN
UPDATE: Soybeans settled from
3 cents to 8 cents higher under
pinned by spillover strength in the
Walter M. Dunlap and Sons offers all cattle
feeders two marketing days Give us a call for
advice and marketing conditions.
MONDAYS OR WEDNESDAYS
Consign With Us For the Marketing Edge
We are buying feeder pigs
★ ★ ★ Direct off the farm ★ ★ ★
Give us a call whether you are buying or selling
Graded Feeder Cattle Sale
Thurs., Sept. 24 at 11:00 A.M.
Walter M. Dunlap and Sons
Uocartar Stockyards
T«l. (717) 397.5136
An Old Line Commission Firm Keeping Abreast
_____ With The Times
New Holland
Feeder Pigs
New Holland, PA
Wednesday, Sept. 16, 1987
Report Supplied by Auction
1262
TODAY 1
LAST WEDNESDAY
LAST YEAR
770
1065
TREND: COMPARED TO LAST
WEDNESDAY FEEDER PIGS UNEVEN.
WEIGHTS UNDER 40 LB. 5.00 LOWER,
40-70 LB. 10.00-20.00 LOWER. ALL
PIGS WEIGHED ON ARRIVAL AND
SOLD BY THE HUNDRED WEIGHT.
US 1-2: 118 HD. 14-27 LBS.
124.00- 62 HD. 30-39 LBS.
126.00- 257 HD. 40-49 LBS.
99.00- 263 HD. 50-55 LBS.
95.00- 127 HD. 60-69 LBS.
78.00- 14 HD. 74 LBS. 74.00-76.00;
8 HD. 87 LBS. 65.00; 9 HD. 100 LBS.
69.00.
US 2: 78 HD. 36-37 LBS.
108.00-118.00; 22 HD. 49 LBS. 93.00; 117
HD. 50-55 LBS. 86.00-93.00.
US 2-3: 42 HD. 30-39 LBS.
80.00- 27 HD. 40-49 LBS.
72.00- 12 HD. 57 LBS. 74,00; 33
HO. 68-69 LBS. 62.00-63.00; 10 HD. 96
LBS. 63.00.
Peoria Hogs
Peoria, Illlnoi*
Thursday, September 17, 1987
FLASH HOGS: 2000111X0040 FAIR
LY ACTIVE BARROWS AND GILTS
OPENING .50 TO MOSTLY 1.00 LOW
ER SUPPLY MAINLY US 1-3 220-250
LBS.
US 1-3 220-250 LBS. 52.50-53.25,
MOSTLY 53.00 175 HEAD 53.50-53.75
200-220 LBS. 50.00-52.50.
SOWS: UNDER 500 LBS. FULLY
STEADY, INSTANCES .50 HIGHER;
OVER 500 LBS. 1.00 TO 1.50 LOWER
14%.
US 1-3 325-500 LBS. 48.00-48.50
500-650 LBS. 50.00-51.00.
Tlh market mtormeum provided by ACRES ACRES u < copyriflited
market information service developed by the American Farm lureeu and
available to Pennsylvania termers an a daily balls Ihrouch Pennsylvania
Farmers' Association Farm Manafamant Sarvicas For additional market
comments and tradin* service contact PFA Commodity Futures Service
1717) 7«1 2740
soymeal pits. Rumors of Soviet
interest in purchasing Argentine
soypellets which spurred meal to
gain 280 to 320 points midday.
Rain-delayed harvest conditions
continue to be supportive along
with the firmer tone in CIF and
FOB markets as light farmer sell
ing continues. Further buying was
fueled by ideas that the USSR
grain harvest was stalled by weath
er problems. Beans came under
pressure from ideas that CCC bean
resales would be accelerated.
ACRES WHEAT UPDATE:
Wheat futures settled from 2-1/2 to
3-1/4 cents higher this afternoon
CORN
SEPT. 166 170'/. 170% 175 175%
DEC.
MAR 88 184 186% 185% 189% 189%
MAY
1442
1803
1444
JULY
SOYBEANS
SEPT. 526% 528% 525% 528% 531% SEPT. 174.80 178.00 177.00 179.90 180.50
NOV.
JAN 88 534% 538% 534 540% 538% DEC. 167.90 169.60 167.50 170.70 170.60
MAR.
MAY 546% 549% 546 551% 550 MAR
JULY 548% 552 547% 553 551%
CHICAGO HOGS
FRI. MON. TUBS. WED. THURS. CHICAGO CATTLE
FRI. MON. TUBS. WED. THURS.
OCT. 49.10 47.72 48.15 47.92 47.05
DEC.
FEB SB 44.90 44.05 44.40 44.17 43.37 DEC.
APR.
JUNE 44.32 43.60 43.95 43.80 43.27 APR.
JULY 44.32 43.60 44.45 44.30 43.80 JUNE 68.80 68.57 68.72 67.70 67.65
slipping from session highs on a
wave or profit taking. Rumors of
Soviet harvest problems and labor
problems spurred buying midway
through the session. Further buy
ing today came on the continuing
hope that China would soon be in
the market for the rest of their
640,000 MT of U.S. export bonus
wheat, if available. Gains were
pared by the inability of prices to
push through technical resistance
near $3.00 in December.
ACRES CATTLE UPDATE:
Live cattle and feeder cattle futures
closed sharply lower today as
Denver Fair A3l
Veal Cook-Off Winners 812
Grandpa’s and Grandma’s Old
Things 814
Pre-Law Student Wins Top
Awards 818
Reading Fair Kickoff C 2
Homestead Notes
Home on the Range B 6
Cook’s Question Comer B 8
Kid’s Komer 810
Now is the Time
On Being a Farm Wife
Micro Way
Ida’s Notebook
GRAIN, CATTLE AND HOG
FUTURES MARKETS
(Daily closing bids: Friday, Sept. 11 through Thursday, Sept. 17)
WHEAT
FRI. MON. TUES. WED. THURS.
174% 177 176% 184% 180%
188% 191 19l 194% 194% MAY
191% 192% 193 196% 196% JULY 281% 283 282% 284% 292%
FRI. MON. TUES. WED. THURS.
529 532% 527 535 532%
541 544% 540% 556% 544% JAN 88
46.90 45.85 46.42 46.25 45.55 OCT. 68.27 67.67 68.35 67.35 66.90
42.30 41.82 42.15 41.57 40.95 FEB 88 68.37 68.02 68.17 66.80 66.52
In
Features
Home and Youfh
Columns
■Miwastpr fjtrmlQO.. SgtHtday.- Sgßtmter. it. 1987-A?
SEPT. 281 284% 282% 285 282%
DEC.
MAR 88 300% 303 301% 304% 302%
SOYBEAN MEAL
FRI. MON. TUBS. WED. THURS.
OCT. 170.00 173.10 171.40 174.60 174.60
MAY 165.20 165.90 164.50 165.70 165.70
JULY 164.00 164.70 163.00 164.10 165.00
prices collapsed under the weight
of aggressive cash-connected and
commission house long liquida
tion. The lower prices were tied to
bearish sentiment over the
USDA’s 7-State Cattle-on-Feed
report which showed record
August placements. Feeders
opened lower and continued lower
throughout the session, pressured
by spillover weakness from the
live cattle pit. A shift in basis Tues
day, with futures turning discount
to cash for the first time in 3 weeks
prompted selling.
CME FEEDER CATTLE SET
TLEMENT PRICE: 9/14/87
$78.88 up $ .10
ACRES NEXT DAY OUTLOOK:
cash - steady to lower
The Cattle-on-feed report issued
yesterday was as follows:
%
this
issue
Four Sections
B 2
.... AlO
B 4
822
823
MON. TUBS. WED. THURS.
295 298 295% 298%
294% 297 296% 299% 298%
166.20 167.50 166.20 169.00 168.50
165.60 166.50 165.20 167.70 166.70
68.55 67.90 68.37 66.90 66.72
69.12 68.85 68.87 67.72 67.62
USDA* AVERAGE RANGE on
feed 9/01 106% 104.6% 102 -
107% Aug placements 105%
98.8% 86 - 105.8% Aug market
ings 102% 101.4% 98 - 106%
(These figures are 1987 as a per
centage of 1986)
ACRES HOG UPDATE: Live
hog futures closed lower today in
sympathy with the losses in the
cattle pits and the dramatic drop in
pork cut-out values. The drop in
pork prices prompted lower-than
expected cash hog bids from pack
ers and lent pressure to futures.
Upward price moves were kept in
check by ideas of Iwoer midday
pork product prices. The midday
National Provisioner reported
hams $l.OO to $2.00 lower, bellies
$l.OO to $3.00 lower and Loins
$3.50 to $B.OO lower.
Oaiiv
PA Polled Hereford Group
Open
Royal Gypsy Earns Top
Bid
Sullivan County Livestock
Show
Clinton Livestock
Champions Named At York
Fair DIO
Reta Wins State
Championship....
Dairy and Livestock Sales . D 42
Departments
Editorial....
Farm Calendar.
Classified Ads.
Business News
Mailbox
Markets D12.D13.D17-20
Sale Reports D2O
Public Sales D2l
Public Auction Register D 26
D 2
D 2
D 4
D 8
Dl4
AlO
AlO
.C 6
D 6