Peoria Hogs
Peoria, IL
January 4, 1989
HOGS: 2200 TRADING MODERATE.
BARROWS AND GILTS MOSTLY
STEADY COMPARED WITH TUES
DAY.
US 1-3 220-250 LBS. 42.00-42.50 2-3
240-260 LBS. 41.00-42.00 260-280 LBS.
39.00-41.00
SOWS: UNDER 500 LBS. MOSTLY
STEADY TO .50 HIGHER. INSTANCES
1.00 HIGHER OVER 500 LBS. 2.00 TO
2.50 LOWER 19%
US 1-3 325-400 L£S. 35.00-35.50
400-500 LBS. 35.50-36.00 SOO-6SO LBS.
35.00-36.00
BOARS: OVER 350 LBS. 35.50-36.25,
MOSTLY 36.00 UNDER 350 LBS. 34.00-
35.00
HOG 214
HC 4ZOO-42.50 HD 42.00-42.50 HE
42.00- HI 42.00-42.50 HJ
42.00- HK 42.00-42.50 HQ
41.00- HR 40.00-41.00 VV
35.00- WW 35.00-36.00 XX
35.00- YY 35.00-36.00 ZZ
35.50-36.25
New Holland Hogs
Lancaster, PA
iVMKuJay, Jan. 2, 1989
Report Supplied by Auction
1093 HEAD.
WHOLESALE: 43.50-45.00; RETAIL:
46.25-49.00; SOWS: 32.00-35.00;
BOARS: LIGHTWEIGHT 33.00-35.00,
HEAVYWEIGHT 24.00-26.00.
PIGS
STATE GRADED SALE
FRI., JAN. 13
1:30 P.M.
Carlisle
LIVESTOCK MARKET, INC.
Now holding two mlm
•■eh month w«iy 2nd A
4th Friday*.
Exit 12 Off 141
(717) 24M511 or
Ewnloflt Jim, 24»-285»
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 iw a call whether you arc buying or selling
Next Feeder Cattle Sale
Frl., Jan. 20 - 11:00 A.M.
New Holland
Feeder Pigs
New Holland, PA
January 4, 1989
Report Supplied by Auction
690 HEAD.
US 1-2 30-39 LBS. 76.00-96.00; 40-49
LB. 50.00-80.00; 50-59 LB. 62.00-78.00.
US 2-3 30-39 LBS. 70.00-86.00.
Midwest Flashes
Thura, Jan. 5,1989
Peoria Hogs
HOGS: 1800- TRADING ACTIVE,
BARROWS AND GILTS OPENING ZOO
HIGHER, INSTANCES Z 25 HIGHER
COMPARED WITH WEDNESDAY.
SUPPLY MAINLY US 1-3 220-250 LBS.
US 1-3: 220-250 LBS. 44.00-44.50, 75
HEAD 44.75; 2-3 240-260 LBS.
43.00-44.00.
SOWS: UNDER 500 LBS. .50 TO
MOSTLY 1.00 HIGHER, OVER 500
LBS. 2.00 TO 3.00 HIGHER 15%.
US 1-3 325-450 LBS. 36.00-36.50;
FEW 450-500 LBS. 36.50-37.00; 500-650
LBS. MOSTLY 38.00, SOME 39.00.
WEDNESDAY’S BOARS OVER 350 LB.
35.50-36.25, MOSTLY 36.00; UNDER
350 LB. 34.00-35.00.
Indianapolis Hogs
Thurs, Jan. 5,1989
HOGS: 700- BARROWS & GILTS
MODERATELY ACTIVE. MOSTLY .75
HIGHER. SUPPLY US 1-3 220-275 LBS.
US 1-3 230-260 LBS. 43.00-43.50.
SOWS: MODERATELY ACTIVE,
STEADY. 10%.
US 1-3: 475-650 LBS. 34.00-36.00.
BOARS: OVER 400 LBS. 32.00.
Sm Kencova
High Tansila Fanca
10% Discount Coupon
In Tha “B" Classlflada
Under Livestock
Equipment
412-459-8991
COMMODITY FUTURES
TRADING
* Hedging * Speculation
MARTIN GRAIN CO.
84 E. Main St.
ML Joy, PA 17552
717-653-1085
GRAIN, CATTLE AND HOG
FUTURES MARKETS
!ORN
FRI. MON. TUBS. WED. THUR.
MAR. 89 284%
MAY 289%
JUL. 292%
SEPT. 279%
DEC. 273%
MAR. 90 280
SOYBEANS
FRI.
MON. TUBS. WED.
JAN. 804 V.
MAR. 819/.
MAY 827%
JUL. 834
AUG. 826
SEPT. 776
NOV. 73554
CHICAGO CATTLE
FRI. MON. TUES.
FEB. 89 73.95 C 74.17 73.42 73.45
APR. 75.47 L 75.92 75.42 75.50
JUNE 74.17 O 74.30 73.80 73.95
AUG. 71.80 S 71.92 71.42 71.52
OCT. 70.85 B 70.90 70.55 70.50
FUTURES MARKET TRENDS
UgflgT GRAIN AND UVESTOCK
Acres Corn Update: com
future! price! staged a recovery today and
doted from 2-3/4 to ai much at 5-1 /2 cent!
higher on buying late in the icition fueled
by ipillover from ihatply higher loybeani
<nd wheat Prejiure wa! linked to ideal
that com would encounter difficulty in
maintaining theie gain! in view of
increased farmer tales and the lack of fresh
bullish fundamentals. The USDA
announced after the close a sale of 250,000
metric tonnes of com to the Soviet Union.
March com ended the day 2-3/4 cents high
er at $2.83-1/2 after touching $2.85-1/4
shortly before the dose. Generic dertificate
bids were steady.
Acres Soybean Update: Soy
bean futures settled shnply higher this
iftemoon and rebounded dramatically
from early morning weakness on heavy
professional buying in response to rumors
that China was seeking up to one million
metric tonnes of beans. The March option
traded to $8.32 which was its highest point
COLUMNS
Now is the
Beef Briefs
On Being A Farm Wife B 5
Microwave Minutes 812
Have You Heard 816
Ida’s Notebook 822
DAIRY
Berks DHIA
Huntingdon DHIA
Crawford DHIA
PA Top Producing Cows
& Herds
York DHIA
Dairy Management
Seminars
Mifflin DHIA
Snyder DHIA
Schuylkill DHIA
Potter DHIA
Bucks DHIA
Columbia DHIA.
Dairy Pipeline
Montour DHIA...
(Dal!]' doling bids: Friday, Dec. 30 through Thursday, Jan. 5)
280 V.
286'/.
289 V.
278’/.
273
280/.
28354
289
292 V.
283 V.
278
285 V.
286 V.
292 V.
296
284 V.
279 V.
286
THUR.
801 V.
814 V.
82SV.
829 V.
81854
76954
732 V.
816
827
838 V.
84154
829
779
741 V.
813
824 V.
833 V.
838 V.
829
78054
74154
WED.
THUR.
TN* iMrtwt aravktod by ACRES ACRES b a ooprriaMad
nwriut information aarvlco OovoiopoO by ttw Amorlcon farm Ruraau and
nailaMa to Fmnsrlvmta larmaro on a Mfr baait throueh Romoylvania
Farmaro Auodatkm Farm Manaftmant Sarvlcoo. For additional matkot
•drmea contact FFA Commoditir Futuroi Sarvlco
since October 18th. News this morning that
projected U.S. carryout estimates by a pri
vate analyst were far below former projec
tions boosted prices early in the session
along with ongoing reports of hot and dry
conditions in South Brazil and most of
Argentina. November ended the day 9
cents higher at $7.79 after trading to a high
of $7.81 shortly before the close.
Acres Wheat Update: wheat
futures closed from 4 cents to 8 cents high
er in fast market conditions with buying
throughout the session linked to an active
export pace. Further support was attributed
to spillover from sharply higher soybeans.
New contract highs were made again today
in the March option at well as the May and
December. Yesterday’s highs in the Sep
tember and July options were equalled
today at the close. March traded to a high
of $4.48 and ended the day 8 cents higher
at $4.47-1/4. The USDA announced after
the close a sale of 440,000 metric tonnes of
wheat to China under the export bonus
hi this
...AlO
... Al 4
ime
D 44
045
045
,E 2
,ElB
UhclMT Hrinirltf SMhdty,*' 7,'H»A3
WHEAT
MAR. 89
MAY
JUL.
SEPT.
DEC.
SOYBEAN MEAL
FRI. MON.
JAN. 89 260.50 C
MAR. 263.70 L
MAY 263.50 O
JUL. 261.20 S
AUG. 255.00 E
SEPT. 245.00 D
OCT. 225.00
CHICAGO HOGS
FRI. MON.
FEB.
APR.
JUNE
JUL.
AUG.
OCT.
issue
Six Sections DEPARTMENTS
Editorial
Farm Calendar
Farm Forugn....
Classified Ads
Mailbox Markets
Public Auction Register F4l
FEATURES
York Auction
Ada Kneasel
Sheep Producers Vote...
FARM SHOW STORIE;
PSU Farm Show Exhibit E 22
Sue Beshore Recounts
Farm Show B 2
Keystone Fanners D 4-42
Farm Show Exhibition &
Meeting Schedule
Farm Show Competitors
Promote Ag A 1
Pa Ag - The Keystone Al 5
We’ll See You There AlO
HOME AND YOUTH
Home On The Range B 6
Cook’s Question Comer B 8
Kid’s Komer 810
FRI. MON. TUBS. WED. THUI
440
426
394 V.
399
406 V.
439 V.
426 V.
395 V.
399
408
TUBS.
261.00 266.10
263.00 267.60
262.00 265.70
259.50 262.20
253.50 255.50
243.50 245.50
229.00 231.00
TUBS. WED. THUR.
46.52
46.75
49.57
49.77
48.95
45.45
46.15
45.25
49.22
49.45
48.70
45.10
program.
Acres Cattle Update: Live and
feeder cattle ended the 10 to 75 points low
er. Heavy cash connected selling was in
response to sluggish beef demand with car
cass beef plunging $2.00 per/cwt today.
Fed cattle market weakness encouraged
additional selling along with expectations
for weaker boxed beef prices. Losses were
pared by profit-taking from locals who
sold the opening. Spillover from weaker
live cattle pressured the feeder pit with los
ses there from 17 to S 3 points. Higher soy
bean and com futures also pressured with
losses in the spot option pared by ideas
prices would be discounted to the cash
index quote when it is quoted again later in
the month.
CME FEEDER CATTLE SETTLE
MENT PRICE: unavailable until 1/10/89
ACRES NEXT DAY OUTLOOK: cash -
steady to lower futures-steady to weak
(Turn to Pago Al 4)
447/.
434'A
401
403
412
448V4
435 V.
400’/.
403/.
412 K
WED.
THUR.
264.70
265.80
263.70
260.20
254.00
244.50
231.20
46.47
45.52
49.45
49.52
48.75
44.92
46.95
45.95
49.92
50.07
49.17
45.00
AlO
AlO
AlO
.822
.F 34
,814
820
E3O
F2l-29