New Holland
Feeder Pigs
Wed., June 8, 1988
TODAY
LAST WEDNESDAY
LAST YEAR
TREND: Compared to last Wednesday
US 1-2 and US 2 feeder pigs under 60 lb
20 00 lower. All pigs weighed on arrival
and sold by the hundred weight.
GRADE HEAD WEIGHT PRICE US
1-2 133 33-39 90.00-110.00 235 40-49
90.00- 223 50-59 85.00-97.00. 3
Lots 62-70 79.00-91.00.
US 2 2 Lots 22140.00-146.00.38 25-29
88.00- 1 Lot 33 117.00, 132 32-37
76.00- 75 41-43 90.00-92 00. 72
51-77 76.00-88.00. 2 Lots 86 & 95 71.00.
US 2-3 1 Lot 27 102.00.
Peoria Hogs
Peoria, 111.
Wed., June 8, 1988
HOGS: 1800 TRADING MODERATE
BARROWS AND GILTS STEADY TO
.50 HIGHER THAN BULK OF TUES
DAY'S SALES.
US 1-3 220-250 LBS. 51.50-52.00,
SOME 51.00 FEW 200-220 LBS,
49.50- 2-3 240-260 LBS.
50.50- SOME 50.00 FEW 270-290
LBS. 47.00-49.00
SOWS: STEADY TO 1.00 LOWER
22%
US 1-3 325-400 LBS. 40.00-41.00
400-500 LBS. 39.00-39.50, FEW 40.00
500-650 LBS. MOSTLY 36.00, SOME
36.50
BOARS: OVER 350 LBS. 36.75
UNDER 350 LBS. 35.50-37.00
HOG 214
HB 50.00-52.00 HC 51.0052.00 HD
51.00- HE 51.00-52.00 HH
49.50-51.50 HI 51.00-52.00 HJ
51.00- HK 51.00-52.00 HQ
50.00- HR 49.00-50.00 VV
40.00- WW 39.00-40.00 XX
36.00- YY 36.00-36.50 ZZ
36.75-36.75
PIGS
STATE GRADED* SALE
FRI., JUNE 17
1:30 P.M.
WESTMINSTER
LIVESTOCK AUCTION
Westminster, MD
Now holding 2 sales
each month on Ist &
3rd Fridays.
Phone (301) 848-9820
or 301-857-1179
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., June 24 at 11:00 A.M.
Walter M. Dunlap and Sons
Lancaster Stockyards
Tel. (717) 397-5136
An Old Line Commission Firm Keeping Abreast
Lancaster Hogs
Lancaster Stockyards
Mon., June 4, 1988
Report supplied by auction
1454
636
998
854 HEAD.
US #l, 215-230 LBS. 53.50-54 00.
US I’S & 2’S 210-260 LBS
52.50-
US I’S & 3’S 205-250 LBS
51.50-
US 2-4'S 200-250 LBS. 50.00-51.00,
WITH A FEW LATE 49.00-50.00.
SOWS: ALL WEIGHTS 33 00-37 00
BOARS: UNDER 300 LBS.
38.50-44.00, OVER 300 LBS. 29.50-30.00
New Holland
Hogs
Lancaster, PA
Monday, June 6, 1988
TODAY
LAST MONDAY
LAST YEAR
TREND- No trend reported due to holi
day one week ago.
BARROWS AND GILTS: US 1-2
210-245 lb 50.50-51.75.
US 1 215-230 lb 55.25-55.50.
US 1-3 200-250 lb 49.50-50.00.
State Graded
Feeder Pig Sale
at Westminster
Livestock Auction
Friday, June 3, 1988
1160 PIGS- 2 WKS. AGO 1295. COM
PARED TO LAST SALE PRICES WERE
FULLY $5-10 PER HUNDRED LOWER.
ALL PIGS WEIGHED ON ARRIVAL
AND SOLD BY THE POUND.
GRADE 1&2: 58 HD. 27-29 LBS.
118.00- 76 HD. 30-38 LBS.
99.00- 306 HD. 41-48 LBS.
98.00- 111.00; 54 (TAILS) HD. 43-48 LBS.
85.00- 221 HD. 50-57 LBS.
91.00- 155 HD. 52-59 LBS.
84.00- 83 HD. 60-66 LBS.
78.00- 33 HD. 71-75 LBS.
64.00-
GRADE 2: 50 HD. 36-46 LBS.
90.00- 8 HD. 56 LBS. 75.00.
GRADE 2&3: 86 HD. 17-45 LBS.
60.00-
NEXT SALE FRIDAY, JUNE 17TH
1:30 P.M.
North Jersey
Livestock
Hackettstown, NJ
Tucs, June 7, 1988
Report supplied by auction
CALVES .20-1.45.
COWS ,38-,67.
EASY COWS .09-.44Vi.
HEIFERS .47-.7014 .
BULLS .S6-.67.
STEERS .49’/.-.84.
HOGS .20-.50.
ROASTING PIGS. EACH 28.00-54 00.
BOARS; .25 .27.
SOWS: .30-.34.
SHEEP .10-.53.
LAMBS. EACH 21.00-71 00
LAMBS, PER LB. .40-1.07.
GOATS. EACH 25 00-1 O' 7 00.
KIDS, EACH 500-S6 00.
TOTAL 1,339.
GRAIN, CATTLE AND HOG
FUTURES MARKETS
ORN
FRI. MON. TUBS. WED. THUR,
JUL. 234%
SEPT. 243%
DEC. 256%
MAR. 89 264%
MAY 269
JULY 269%
SOYBEANS
244%
253%
266%
274%
279
279%
FRI.
MON.
JUL. 849 879 882
AUG. 854% 884% 887
SEPT. 855% 885% 886%
NOV. 864 894 890%
JAN. 89 871 901 896%
MAR. 875 905 901%
MAY 868% 898% 889%
JULY 856 886 875%
CHICAGO CATTLE
FRI. MON. TUES.
73.22 73.10 72.75 72.37 JJ®
68.67 68.17 67.12 66.65 JUL “ 33-03 3362 3283
68.12 67.87 67.30 67.02 AUG- 51-55 52-25 51-70
69.97 69.65 69.07 68.95 OCT- 45-20 46-05 45-82
70.35 70.57 69.95 69.85 DEC- 46-35 47-40 47-77
71 85 72.25 71.80 71.75 FEB- 89 47-20 48-70 49-10
SlOTls APR. 44-70 46-00 46-50
FUTURES MARKET TRENDS
GRAIN AND LIVESTOCK
72.65
67.62
67.10
68.55
68.85
70.35
JUNE
AUG.
OCT.
DEC.
FEB. 89
APR.
Acres Corn Update: com
futures today closed lower from 4-1/2 to
6-1/4 cents with selling featured on news of
rainfall in parts of the belt overnight. Fore
casts for additional storm activity added to
the selling enthusiasm. July felt increased
pressure on CCC com catalog woes, with
many participants cautious. Support came
from tumors of possible reductions in car
ryout figures on tomorrow's USDA supply
and demand reports, and continued ques
tions about the effects the prolonged lack of
rain would have on yield figures.
Acres Soybean Update: soy
bean futures closed sharply lower and near.
session lows as forecasts for rainfall across
the belt fueled liquidation of the weak
longs. Technical support pared further los
ses as November filled the gap between
Monday's limit-up close and Friday’s
limit-up close. Today’s expanded limits
added to the bearish tone. November traded
at a high of $8.86 early in the day, and
settled at $8.62, down 28-1/2 cents from
yesterday.
Columns
Now is the Time
Back Home
On Being A Farm Wife B 5
Microwave Minutes B 7
Have You Heard 81l
Ida’s Notebook 817
Low Down On Layers E 2
Farm Philosophy C 4
Dairy
Dairy Policy A 26
Crawford Family A2B
Farm Family Tribute 818
Lancaster DHIA 822
Dauphin DHIA 824
Mastitis Drugs D 2
Berks DHIA I) 5
N.Y. & N.J. Awards...., DIO
Milk Marketing Dl2
(Dali; closing bids: Friday, June 3 through Thursday, June 9)
257%
266
276%
287
288
289
251
260%
272
279%
283%
284
TUBS.
WED,
THUR,
WED.
This martict information provided by ACRES ACRES is a copyrighted
martlet 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) 7« 2740
Acres Wheat Update: wheat
futures closed lower today from S-l/2 to
8-1/4 cents up slightly from session lows.
Selling was featured throughout the session
on improved weather newt and technical
weakness from yesterday's tales. Losses
late m the session were attributed to new
rainfall forecasts. Support throughout the
day came on short covering and heavy pro
fessional buying in anticipation of tomor
row’s USDA production report.
Pre-Release estimates ate as follows for
the USDA Wheat Production report
schduled for release Thursday:
(In Bln. Bushels) Average Range May
USDA 1987 Estiamte Production All
Wheat 1.5391.470-1.5901.6201.563 Hard
Red Winter .958 .889-1.000 1.010 1.019
Soft Red .402 .365- .413 .426 .348
Acres Cattle Update: Live
cattle and feeder cattle futures lost ground
today, with closes from 35 lower to 105
lower. Settlements were above session
lows, which were made midday on spillov
er weakness from limit-down losses in the
neighboring hog and belly pits Further
In
AlO
.B 4
Lancaster Farming, Saturday, June 11, 1988-A3
WHEAT
JUL. 362% 382%
SEPT. 372% 392%
DEC. 383% 403%
MAR. 89 387 407
JULY 342 362
SOYBEAN MEAL
253%
262%
274%
281%
285%
286%
JUL. 262.70 272.70 280.50 273.50
AUG. 260.40 270.40 278.20 271.20
SEPT. 259.70 269.70 276.08 268.50
OCT. 259.00 269 00 274.50 265.70
DEC. 25870 268.70 272.50 265.20
JAN. 89 257.70 267.70 270.00 263.50
MAR. 254.70 264.70 267.00 260.20
MAY 254.00 264.00 266.00 260.50
CHICAGO HOGS
THUR,
this
issue
Five Sections
Departments
Editorial AlO
Farm Calendar AlO
Farm Forum AlO
Classified Ads 826. C 5
Business News C 2
Mailbox Markets E 5
Sale Reports El 2
Public Auction Register El 5
Features
Hay Making Risks
Farm Management ProblemsA27
Volunteers Reorganized 812
Strawberry Patch 814
Farm Belt Crisis 821
Farmer/Collector D 8
Livestock Contest E 2
Home and Youth
Homestead Notes
Home On The' Range B 6
Cook’s Question Comer B 8
Kid’s Komer 810
4-H Happenings D S>
FRI. MON. TUES. WED. THUR,
378
384%
395%
399
350
TUBS,
FRI. MON.
FRI. MON,
TUBS. WED. THUR.
pressure in the August option, which posted
a 105 point lost was tied to heavy selling
linked to technical weakness. Yesterday’s
deferred month interest evaporated today
on declining grain values. Spot option sup
port was attributed to the continued futures
discount to cash.
CME FEEDER CATTLE SETTLE
MENT PRICE: 6/04/88- $78.41 dn 7
ACRES NEXT DAY OUTLOOK: cash
-steady to weak futures-steady to lower
Acres Hog Update: Live hog
futures closed from SO lower to limit down
with heavy selling attributed to limit down
conditions in the pork bellies. Belly weak
ness was tied to slack retail demand and
continued unprofitable packer margins.
This morning’s delivery intentions report
pressured the front months further along
with steady to lower cash openings. A slight
increase in receipts yesterday fueled selling
interest on the opening along with plunging
grain futures quotations thru out the
session.
ACRES NEXT DAY OUTLOOK; cash -
steady to weak futures - steady to lower
369’/.
379
388'/,
391
342’/,
372
380 K
390’/.
393
340'/,
THUR.
WED,
281.20
279.70
278.20
276.70
275.20
272.70
270.50
51.00
50.02
48.70
44.65
46.57
48.42
45.60
51.42
51.35
50.20
44.42
46.67
48.52
45.65
A 24
B 2