New Holland
Hogs
September 5, 1988
TODAY
LAST MONDAY
LAST YEAR
FEDERAL HOLIDAY
NOT COVERED.
State Graded
Feeder Pig Sale
at Westminster Livestock Auction
Fri., September 2, 1988
RESULTS ON 1,006 PIGS. 2 WEEKS
AGO 1175 COMPARED TO LAST SALE
PRICES WERE FULLY $5-15 HIGHER,
$2O HIGHER ON #1 PIGS NEAR 50 LB.
ALL PIGS WEIGHED ON ARRIVAL
AND SOLD BY THE HUNDRED
WEIGHT.
US NO 1 &2’s 72 HD 27-39 LBS
71 00-80 00, US 1 239 HD 40-49 LBS.
75 00-85 00, US 1&2 173 HD 40-49 LBS
66 00-73 00, US 1 123 HD 50-57 LBS.
72 00-77 00, US 1&2 147 HD 51-59 LBS
61 00-68 00, US 1&2 105 HD 67-69 LBS
53 00-57 50, US 1&2 68 HD 70-75 LBS
51 00-57 00.
US NO 2 37 HD. 35-40 LBS
69 00-76 00 US NO 2&3 10 HD 30 LBS
71 00
NEXT STATE GRADED FEEDER PIG
SALE FRIDAY. SEPT 16, 1 30 P.M
Peoria Hogs
Peoria, 111.
September 7, 1988
HOGS: 2500 TRADING FAIRLY
ACTIVE BARROWS AND GILTS 1.25
10 150 LOWER COMPARED WITH
TUESDAY
US 1-3 220-250 LBS 41 00-41 50 100
HEAD 41.75-42.00 210-220 LBS
4000-41.002-3240-260L8S 40 50-41 00
SOWS. UNDER 500 LBS. 100 10 150
LOWER OVER 500 LBS. WEAK TO
MOSTLY .50 LOWER 18%
US 1-3 325-400 LBS 32 00-32 50
400-500 LBS 31.00-31 50 500-650 LBS
34 00-34.50, SOME 35 00
BOARS: OVER 350 LBS 32 00
UNDER 350 LBS 30 00-3100
HOG 214
HB 40 50-42 00 HC 41 00-42 00 HD
41 00-42 00 HE 41 00-42 00 HH
40 00-41.50 HI 41 00-41 50 HJ
41 00-41 50 HK 41 00-41 50 HQ
40 50-41.00 VV 32 00-32 50 WW
31.00-31.50 XX 34 00-35.00 YY
34 00-35.00 ZZ 32 00-32 00
FEEDER
CATTLE
Tuesday, Sept. 13
7:00 P.M.
Bring a Load-Buy a Load
CARLISLE
Livestock Market, Inc.
Just off 1-81 at Exit 12.
(717) 249-4511
or Evtnlngt, 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
Thurs., Sept. 22 at 11:00 A.M.
Walter M. Dunlap and Sons
Lancaster Stockyards
T«l. (717) 397.5136
An Old Line Commission Firm Keeping Abreast
New Holland
Feeder'Pigs
New Holland, PA
September 7, 1988
Report Supplied by Auction
952
770
AUCTION
TODAY 1649
LAST WEDNESDAY 1427
LAST YEAR 1803
TREND? COMPARED TO LAST
WEDNESDAY FEEDER PIGS 2.00-5.00
LOWER, INSTANCES 1000 LOWER
ON SMALL SUPPLY OVER 70 LB. ALL
PIGS WEIGHED ON ARRIVAL AND
SOLD BY THE HUNDRED WEIGHT
US 1-2: 179 HEAD 30-39 LBS.
73.00- 259 HEAD 40-49 LBS.
67.00- 43 HEAD 40 LBS. 82.00; 177
HEAD 50-59 LBS. 64.00-71.00; 35 LBS.
70-79 LBS. 52.00-58.00.
US 2: 47 HEAD 29 LBS. 80.00; 162
HEAD 30-39 LBS. 62.00-69.00; 272
HEAD 40-49 LBS. 62.00-69.00; 6 HEAD
56 LBS. 62.00; 111 HEAD 65-69 LBS.
54.00-
US 2-3:93 HEAD 26-27 LBS. 64 00; 20
HEAD 30-39 LBS. 40.00-48 00; 7 HEAD
40-48 LBS. 30.00-36.00; 11 HEAD 65-67
LBS. 44 00-49.00.
Midwest Flashes
Thurs., Sept. 8, 1988
Peoria Hogs
2000- BARROWS £ GILTS ACTIVE,
1 00-1 50 HIGHER
US 1-3. 220-250 LB 42 50-42 75, 80
HEAD 43 00.
US 2-3 240-260 LB. 42 00-42 50.
SOWS: FIRM-. 50 HIGHER (18%)
US 1-3- 325-400 LB. 32.50-33 00,
400-500 LB 31 00 TO MOSTLY 31 50,
500-650 LB 34.50-35 00
BOARS OVER 350 LB 32 50-33 00,
UNDER 350 LB 32 00
St. Louis Hogs
3000- BARROWS & GILTS ACIIVE,
50-.75 HIGHER.
US 1-3 230-260 LB. 42 25 42 50, 100
HEAD 42.75, 200-230 LB. 38 50 41 50
US 2-3- 250-270 LB 41.50-42 50,
270 300 LB. SCARCE
SOWS. 300-500 LB 50-1 00HIGHER:
OVER 500 LB STEADY-50 HIGHER
(AROUND 7%)
US 1-3: 300-500 LB. 31 00-33 00;
OVER 500 LB. 34 00-36 00
BOARS OVER 300 LB 32 00-32 50,
UNDER 300 LB 31 00
Indianapolis Hogs
700- BARROWS & GILTS MOD
ERATELY ACTIVE, MOSTLY 1 00
HIGHER
US 1-3 225-255 LB. 42 25-4275
SOWS. MODERATELY ACTIVE, 2 00
HIGHER (8%).
US 1-3 450-650 LB 32 00-35 00
BOARS- OVER 400 LB 30 00
GRAIN, CATTLE AND HOG
FUTURES MARKETS
ORN
FRI. MON. TUES. WED. THUR.
SEPT. 290'/i
DEC. 301
MAR 89 305 V.
MAY 306’/.
JUL 303'/.
SEPT. 282
SOYBEANS
MON. TUES. WED. THUR,
FRI.
SEPT. 873
NOV. 886
JAN 89 894'/.
MAR. 897’/.
MAY 885
JUL. 873
AUG. 844’/.
SEPT. 775 1 /.
CHICAGO CATTLE
FRI. MON. TUBS. WED. THUR
OCT. 72.00
DEC. 72.70
FEB. 89 73.45
APR. 74.90
JUNE 74 15
AUG. 71.30
7097 7217 70 90
72.00 72 82 7202
73.30 73 87 73 05
74.70 75.17 74.57
73.97 74 25 73 65
71 15 71.40 70.90
MARKET TRENDS
GRAIN AND LIVESTOCK
Acres Corn Update: com
futures closed mostly lower with the Sep
tember option losing 1-3/4 cents while the
September 'B9 gained 1/4 cent Losses
today were linked to profit taking in the
absence of fresh buying interest. Fuilher
sales of 300,000 MT of com failed to gen
erate new buying as concerns over
increased country movement weighed on
prices. Global Weather Services, in its lat
est crop production estimate, forecasted a
further drop of 300 million bushels to the
U.S. crop. Generic certificate bids
weakened further today with bids now
ranging from 99% to 100-1/4%.
Acres Soybean Update: s oy
bean futures closed mixed with the nearbys
lower from 1/4 to 5-1/2 cents while the
deferreds gained up to 5 cents. Late session
strength was tied to spillover from the
wheat pits with November touching a high
of $9 OS. The absence of aggressive buying
today was lied to optimism over the quality
Columns
Now is the Time
Business Seminar
On Being A Farm Wife B 5
Ida’s Notebook B 9
Have You Heard 813
Microwave Minutes 815
Fair Days C 2
Departments
Editorial
Farm Calendar,
Classified Ads,
Livestock News
Mailbox Markets D2O
Sale Reports D 29
Public Auction Register.. .. D3O
(Daily closing bids: Friday, Sept. 2 through Thursday, Sept. 8) ,
293% 291’/. 290’/.
304'A 302'/i 302
309’/. 307'/. 307%
311 309/. 309%
308% 306% 307%
285% 286 285%
888 882% 889%
900% 897 905%
909% 906 915%
913 912% 920%
900% 902 912
890% 890 903%
863 868 881%
796 797 810%
This market information provided by ACRES ACRES it a copyrighted
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
on the unharvested portion of the crop.
Global Weather Services in their latest crop
production update predicted a further
decrease of 100 million bushels, or a total of
1.438 billion as of September Ist. Some
profit taking was seen today.
Acres Wheat Update: wheat
futures closed higher, but off session highs
with settlements ranging from 1/2 to 2-1/2
cents higher. Today's strength was tied to a
film export oulook and strong technical fac
tors. March set a new contract high of $4.34
while'December touched its previous high
of $4 31, but failed to trade higher on strong
resistance. This factor set off selling into
the close seen as profit taking The Global
Weather Services forecast issued today
pegged 1988 wheat production at just under
1.8 billion bushels, with the USSR total
grain production coming in at 203 MMT.
Acres Cattle Update: Live
cattle and feeders closed higher today
recovering from oversold conditions with
__ %
in this
AlO
A 22
AIO
AIO
828, C 5
Lancaster Farming, Saturday, September 10,1988-A3
WHEAT
SEPT.
DEC.
MAR. 89
MAY
JUL.
SOYBEAN MEAL
FRI. MON,
SEPT. 270.70
OCT. 269.70
DEC. 268.70
JAN 89 265.50
MAR. 261.70
MAY 256.50
JULY 253.00
AUG 245.00
CHICAGO HOGS
OCT. 38.52
DEC. 40.85
FEB 89 43.72
APR 43 20
JUN. 47.60
JUL. 48 55
issue
Four Sections
DIO
FRI. MON. TUES. WED. THU]
290%
301
305%
306%
303%
409% 412 406%
425% 426% 423
429% 429% 426%
405% 407% 404
374% 376 373%
TUES. WED. THUR,
277.50 278.70
276.70 277.70
277.10 277.60
274.70 275.70
270.70 271.70
264.50 267.50
259.50 262.00
251.00- 250.00
FRI. MON,
TUES. WED.
37.55 38.35 38.10
39.82 40.22 39.80
42.45 42 97 4250
42.10 42.70 42.37
46.72 47.40 47.15
47.55 48.12 47.95
the spot live cattle gaining 120 points while
feeders gained 58 points. A late short cover
ing rally was attributed to the spot options
ability to hold technical trend line support
in addition to rumors that one large U.S.
packer had contracted to unport beef to
Japan. Spillover strength from the live
cattle pushed the feeders higher throughout
the session.
CME FEEDER CATTLE SETTLE
MENT PRICE; 9/05/88- $81.74 dn $ .15
Acres Hog Update: Live hog
futures settled higher with buying linked to
oversold conditions after recent sharp
declines. Bellies closed sharply higher on a
late short covering rally tied to spillover
from the other pits. Ideas that marketings
would soon decrease added momentum to
the buying along with rumors that packers
were increasing inventory for a weekend
kill The October stopped at its contract low
of $37.50 and closed out the session 80
points higher at $3B 35
Dairy
Allcntowp Fair
Franklin Co. Frir
Lancaster Co. DHIA
Wayne Co. DHIA
Dairy & Livestock Shows
Features
Kutztown Fair
Benefit For Amish ....
Charles Good Family
Home And Youth
Homestead Notes
Home On The Range
Cook’s Question Corner.
Kid’s Korncr
281.50
280.00
280.10
278.20
274.70
268.50
264.00
THUR.
,820
,824
Dl5
Dl9
D4l
A2O
.816
,818
B 2
B 6
B 8
810