Lancaster farming. (Lancaster, Pa., etc.) 1955-current, February 06, 1988, Image 3

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    Lancaster Hogs
La neuter Stockyards
Sat, Jan. 30, 1988
Report supplied bj auction
739 HD.
US 1 200-240 LBS. 49.00-51.00. 6 HD.
51.75-5200.
US 1&2; 200-245 LBS. 48,00-48.75.
US 1&3; 200-250 LBS. 47.00-47.75.
US 2&4: 225-255 LBS. 46.00-46.85.
SOWS: 300-500 LBS. 31.00-35.50;
500-600 LBS. 3200-36.00.
BOARS; UNDER 300 LBS.
33.00- OVER 300 LBS
25.00-
St. Louis Hogs
2500- BARROWS & GILTS ACTIVE,
FULLY STEADY, INSTANCES .25
HIGHER.
US 1-3 230-270 LB. 48.25-48.50;
200-230 LB. 47.00-48 00; 200-220 LB.
45 50-46.50. US 2-3 260-270 LB.
48 00-48.50.
SOWS; 300-500 LB. STEADY; OVER
500 LB STEADY-1.00 HIGHER.
(ABOUT 10%).
US 1-3 300-500 LB. 36.00-38 00;
500-600 LB. 37.00-38 00; OVER 600 LB.
39 00
BOARS; OVER 300 LB 37.50-
UNDER 300 LB. 36 00.
Midwest Flashes
Thurs., Feb. 4, 1988
Indianapolis Hogs
HOGS; 400- BARROWS & GILTS
MODERATELY ACTIVE, STEADY IN
A LIGHT TEST.
US 1-3 230-250 LB 48 50, NOT LATE
48 75.
SOWS: SCARCE.
BOARS: OVER 350 LB. 36.00.
New Holland Hogs
New Holland Sales Stables
New Holland, PA
Monday, Feb. 1, 1988
Report Supplied by Auction
852 HEAD.
MARKET TREND: 1.50 HIGHER.
WHOLESALE: 45.75-48.25.
RETAIL; 48.50-49.50.
SOWS: 32.00-36.00.
BOARS- 27.00-33.00.
PIGS
STATE GRADED SALE
FRL, FEB. 12
1:30 P.M,
AT
Carlisle
.IVESTOCK MARKET, INC.
Exit 12 Off 1-81
(717) 249-4511 or
iwnlngn Jim, 249-2359
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
Fri., Feb. 26 at 11:00 A.M.
Walter M. Dunlap and Sons
Lancaster Stockyards
Tel. (717) 397-5136
An Old Line Commission Firm Keeping Abreast
New Holland
Feeder Pig
Auction
Lancaster, Pa.
Wednesday, February 3, 1988
Feeder Pigs;
Today 1212
Last Wednesday 70S
Last Year 1290
TREND: 'Compared to last Wednesday
feeder pigs firm, instances 4.00 higher on
US 1-2 40-49 lb. All pigs weighed on arri
val and sold by the hundred weight.
GRADE HEAD WEIGHT PRICE US
1-2 128 46-48 103.00-109.00. 180 50-59
98.0ai01.00.4864-6681.00-82.00. 1183
66.00.
US 21221 136.00.15244-49 88.0a95.00.
29 51-52 84.00-92.00. 11l 60-69
70.0a78.00. 16 74-82 60.0a63.00.
US 2-3 52 38-47 82.0a83.00. 83 5a64
67.0a77.00.
SLAUGHTER 24 29 130.00. 11l 34-38
108.0ai18.00.
Peoria Hogs
Peoria, Illinois
Wednesday, Feb. 3, 1988
MIDSESSION AND CLOSE HOGS:
2500 TRADING FAIRLY ACTIVE. BAR
ROWS AND GILTS MOSTLY 1.50
LOWER.
US 1-3 220-250 LBS. 47.50-48.00 125
HEAD 48.50 FEW 200-220 LBS.
45.50- 240-260 LBS. 46.50-47.50
260-280 LBS. 44.50-46.50 280-300 LBS.
42.50-
SOWS: .50 TO 1.50 LOWER 14%.
US 1-2 325-400 LBS. 38.00-38.50 1-3
400-500 LBS. 37.00-38.00 500-650 LBS.
36.00-36.50, 1 SMALL LOT 37.00.
BOARS: OVER 350 LBS. 38.00-38.50
UNDER 350 LBS. 36 00-37 00.
HOG 214,
HB 46.50-48.50 HC 47.50-48.50 HD
47.50- HE 47.50-48.50 HH
46.00- HI 47.50-48.00 HJ
47.50- HK 47.50-48.00 HQ
46.50- HR 45.50-46.50 HS
42.50- VV 38.00-38.50 WW
37.00- XX 36.00-37.00 YY
36 00-37.00 ZZ 38 00-38.50,
Joliet Hogs
Joliet, Illinois
Wednesday, Feb. 3, 1988
HOGS: 150. NOT ENOUGH BAR
ROWS AND GILTS FOR A GOOD TEST.
MAJORITY OF RUN CONSISTS OF
BOARS AND PIGS OVER 150#.
SOWS: STEADY.
US 1-2 350-500# 35.00,
BOARS ALL WEIGHTS 32.00
ACTUAL RECEIPTS FOR TUESDAY
CATTLE; 0. HOGS; 109.
GRAIN, CATTLE AND HOG
FUTURES MARKETS
(Dally closing bids: Monday, Jan. 29 through Thursday, Feb. 4)
CORN WHEAT
FRI. MON. TUBS. WED. THUR.
MAR 88 196*/. 197*/. 198'/. 198*/. 202 V.
MAY 202% 203% 203% 204 207%
JULY 205% 206% 206% 207% 210%
SEPT. 205% 208% 207% 208% 212%
DEC. 207% 210% 209% 211% 216
SOYBEANS
FRI. MON. TUBS. WED. THUR.
MAR 88
MAY
JUL
AUG
SEPT
NOV
JAN. 89
609%
616%
625%
626%
624
630%
638
CHICAGO CATTLE
FRI. MON. TUBS. WED. THUR.
FEB 88
67.65
67.80
66.85
64.32
63.32
64.10
APR.
JUNE
AUG.
OCT.
DEC.
FUTURES MARKET TRENDS
GRAIN AND LIVESTOCK
ACRES CORN UPDATE:
Com futures settled mixed today
with a fractional higher close for
the March option and 1 cent lower
for September. Back month com
was pressured by ideas that the
USDA would not lake any mea
sures to increase bean acreage.
Yesterday’s lower than expected
weekly export inspections pres
sured the nearbys earlier with late
support coming from the fact that
the selling just plain dried up. PIK
and Roll opportunities have dried
up with certificate premiums a
little softer.
ACRES SOYBEAN
UPDATE: Soybeans settled
sharply lower this afternoon with
losses ranging from 10 to 11-1/2
Columns
Now is the Time
On Being a Farm Wife B 5
Back Home,
Ida’s Notebook....
Have You Heard
Farm Philosophy.
Microwave Minutes
Beef Briefs
Business Seminar...,
Features
Local Milk Marketing
Outlook A 27
Farm & Home Board A 32
Kellers & The Family
Farm
Teens Feel It Like It
Is 813
Farm Women’s President 816
Needle News From Fran 822
Keys To Successful Swine
Production
Livestock Latest
Lancaster Teens Taste TV
608%
617
626%
626
626
633%
641
597
606%
614%
615
616
621%
629%
603
612
620%
621
621
627
635
68.72
69.95
68.60
66.05
64.90
65.45
68.62
69.30
68.35
65.62
64.60
65.30
69.67
7120
69.40
66.62
65.57
65.92
This market information provided by ACRES ACRES is a copyri(hted
market information service developed by the American Farm Bureau and
available to Pennsylvania farmers on a daily basis through Pennsylvania
Farmers’ Association Farm Management Services For additional market
comments and trading service contact PFA Commodity Futures Service
(717) 761-2740
cents. Once the March broke
through key support of $6.00, a
wave of technical selling plunged
prices lower. There was a small
rally midday based on news that
the USDA was not going to take
measures to increase acreage, but
weakness in the oil and meal was
more than the market could stand.
Further weakness came from the
favorable growing conditions
enjoyed by Brazil and Argentina
and news that trading had been
halted on the Milan Stock
Exchange forFerruzzi Montedison
(a major ag conglomerate) based
on fears that the company would
liquidation large com and bean
positions. The March closed at
$5.97, down 11-1/4 cents while
November lost 12 cents at
i --
ill
this
AlO
81l
,814
818
,C 2
.C 5
D 2
.ElO
812
D 2
D 2
UncuMr miS "
MAR 88 326 329%
MAY 327 328
JULY 312% 316%
SEPT. 315% 319%
DEC. 326 330
SOYBEAN MEAL
611
620%
627%
628
627%
634%
642%
MAR 178.20 179.20 175.10 176.50
MAY 178.10 178.70 175.30 176.30
JULY 178.30 179.60 176.50 177.80
AUG. 179.00 181.00 178.00 179.20
SEPT. 180.70 182.50 179.00 180.20
OCT. 180.70 183.00 180.00 181.50
DEC. 181.70 1 84.10 181.00 182.50
CHICAGO HOGS
FEB 88 47.27 47.75 47.82 48.57
APR. 44.15 44.75 44.72 45.75
JUNE 46.95 47.67 47.72 48.47
JULY 47.20 47.82 47.60 48.45
AUG. 45.55 46.20 46.25 47.22
OCT. 41.90 42.30 42.20 42.65
69.77
70.92
69.42
66.65
65.60
65.92
issue
Five Sections
Departments
Editorial
Farm Calendar.
30 Years Ago,
Classified Ads
Business News...
Mailbox Markets
Sale Reports D 25
Public Auction Register D 25
Dm
Lancaster DHIA
Dauphin DHIA..
Cumberland DHIA Dl6
Dairy & Livestock Sales ....D39
York DHIA
Lebanon DHIA,
Home and Youth
Homestead Notes
Home On The Range B 6
Cook’s Question Comer B 8
Kid’s Komer
Farm Women News
FRI. MON. TUBS. WED. THUI
326%
326
315%
318%
328%
FRI. MON.
TUBS,
TUES. WED.
FRI. MON
$6.21-1/2,
ACRES WHEAT UPDATE:
Wheat settled from 1-1/4 to 2-1/2
cents lower today in a late selling
frenzy touched off by weakness in
the soybean pits. Friday’s light
auction provided support during
the day along with a good export
lineup. Some felt that yesterday’s
late gains in response to a possible
Soviet chemical spill were over
done. This week’s auction looks
like it will not generate as much
anxiety as the usual ones because
the wheat remaining in the catalog
for sale is accessible. March closed
at $3.26-3/4, down 2-1/2 after
posting a high of $3.30-1/2 earlier
in the day.
(Turn to Page Al 4)
AlO
AlO
A 39
,824
D 6
D2O
D 8
DIO
E 7
El 2
,B 2
810
821
334%
333
322%
•326
336
329%
328%
318%
321%
332
WED.
THUR,
180.60
179.40
180.80
181.70
182.70
184.50
185.70
THUR.
48.77
45.67
48.77
48.25
47.17
42.60