National Grain Market St. Joseph, MO January 18, 1989 grain prices rallied after early week declines, good export news a factor in the rally and after early week declines some buying interest MOVED IN AT THE LOWER PRICE levels. UNITED STATES...LACK OF PRECI PITATION CONTINUED TO STRESS WINTER WHEAT IN THE CENTRAL AND SOUTHERN PLAINS. SNOW COVER WAS ADEQUATE IN THE NORTHERN PLAINS. WINTER WHEAT WAS MOSTLY GOOD TO FAIR IN THE CORN BELT AND THE SOUTH. RAIN LIMITED FIELDWORK IN THE DELTA AND PORTIONS OF THE CORN BELT AND THE SOUTH EAST. SOIL MOISTURE WAS MOST LY ADEQUATE TO SURPLUS IN THE DELTA. LIVESTOCK WAS IN most ly GOOD CONDITION. WESTERN USSR...WINTER GRAINS REMAIN DORMANT. WINTER GRAINS IN THE WEST AND SOUTH LACK A PROTEC TIVE SNOW COVER. EASTERN ASIA. .MODERATE TO HEAVY RAIN CONTINUES ACROSS SOUTHERN AND EASTERN CROP AREAS. SOUTH AMERICA...LIGHT SHOWERS PRO VIDE MINIMAL RELIEF TO DROUGHT- STRESSED CROPS IN ARGENTINA. WIDESPREAD RAIN IN SOUTH-CENTRAL BRAZIL HELPS SOUTHERN SOYBEANS BUT SOAKS NORTHERN CROP AREAS. EXPORT NEWS: TURKEY IS TEN DERING UNDER EBP FOR 100,000 TONNES OF HARD RED SPRING WHEAT. SOUTH KOREA IS TENDER ING FOR 16,500 TONNES OF U.S. WHEAT FOR FEB SHIPMENT. SOUTH KOREA IS ALSO TENDERING FOR 27,000 TONNES OF U.S. WHEAT FOR FEB/MAR. SOUTH KOREA’S FEED AGENCY IS TENDERING FOR 150,000 TONNES OF NO. 2 YELLOW CORN FOR FEB/MAR SHIPMENT. TAIWAN IS TENDERING FOR 58,000 TONNES OF U.S. NO. 2 YELLOW CORN FOR FEBRUARY/MARCH SHIPMENT. DATE CHANGE YEAR AGO 01/18/89 01/17/89 01/20/88 WHEAT: KANSAS CITY 4.31-4.33 UP 3 3.18-3.20 MINNEA POLIS 4.38 1/4-4.44 1/4 UP 1/4-1 1/4 3.24 PORTLAND 5.00 UP 9-4 3.33-3.34 ST. LOUIS 4.36-4.40 UP 3-2 3.13-3.21 CORN. U.S. NO. 2 YELLOW: KAN SAS CITY 2.61-2.65 UP 3 1.94-1.99 MIN NEAPOLIS 2.43 1/2 UP 2 3/4 1.79 SO. lOWA 2.54-2.60 UP 1-2 1.90-1.93 OMA HA 2.49-2.51 UP 3 1.82 ' SOYBEANS, NO. 1 YELLOW: KAN SAS CITY 7.60 UP 4-NC 6.05-6.15 MIN NEAPOLIS 7.37 UP 1/4 5.95 SO. lOWA Inside Each Bag of Funk’s G-Hybrids and Hoffman Soybeans Performance That’s the bottom line. Performance that’s measured by such characteristics as standability, grain quality, disease resistance and, most important, yields You’ll get that performance from Funk's G-Hybrids like G-4543, the top yielding hybrid in Delaware Performance Trials in 1986 and 1987. Or Funk's G-4626, one of the highest yielding varieties in southern Dependable Seeds Prom Dependable People The limitation of warranty and remedy on the tag attached to each bag of Funk s G Hybrids and RA Hybrids 7.48-7.51 NC 6.06-6.09 C. ILL. PROCES SORS 7.64-7.70 NC-UP 2 6.16-6.22 ♦KANSAS CITY, US NO. 1 HARD RED WINTER WHEAT, ORDINARY PROTEIN. MINNEAPOLIS, US NO. 1 DARK NORTHERN SPRING WHEAT, 14% PROTEIN. PORTLAND, NO. 2 SOFT WHITE WHEAT, ST. LOUIS. NO. 2 SOFT RED WINTER WHEAT. FUTURES CLOSE KANSAS CITY (MAR) WHEAT 4.31 3/4 UP 1 3/4 3.18 1/4 MINNEAPOLIS (MAR) WHEAT 4.20 1/4 UP 1 1/4 3.04 CHICAGO (MAR) WHEAT 4.39 3/4 UP 3 3.28 1/2 (MAR) CORN 2.70 1/2 UP 2 3/4 1.99 (MAR) SOYBEANS 7.71 UP 1/4 6.26 EXPORT: BARGE OR RAIL, PORT OF NEW ORLEANS OR NORTH TEX AS GULF. NO. 1 HARD RED WINTER WHEAT ORDINARY PROTEIN 4.73 UP 2 3.51 NO. 2 SOFT RED WINTER WHEAT 4.60-4.67 UP 1 3.38-3.42 N 0.2 YELLOW CORN 2.91-2.93 UP 2-3 2.22-2.23 N 0.2 YELLOW SORGHUM RAIL 4.92 UP 6 BARGE 4.94 UP 6 3.70-3.77 N 0.2 YELLOW SOYBEANS 7.90-7.93 NC 6.45-6.49. Westminster Hay Westminster, Md. Tuesday, Jan. 17, 1989 Report Supplied by Auction TOTAL LOADS: 80. ALFALFA: VERY GOOD 112.00- 1.00-1.80 BALE, GOOD 60.00- ALFALFA MIX: 95.00-110.00, 1.00- BALE. TIMOTHY: 48.00-56.00, .95-1 80 BALE. TIMOTHY MIX: 53.00-63.00, .90-1.45 BALE. ORCHARD GRASS: 57.00. ALFALFA, ROUND BALES, 1000 LBS. 28.00 EACH. TIMOTHY, ROUND BALES. 14.00 AND 15.00 BALE. CLOVER: 48.00-61.00, 1.80 BALE. STRAW: 77.00 AND 80.00, .80-1.30 BALE. WOOD: 50.00 AND 82.00 CORD. Keister’s Hay Middleburg, PA Tuesday, Jan. 17 Report supplied by auction 66 LDS. HAY. ALFALFA: 90.00-172.50. MIXED HAY: 50.00-112.50. TIMOTHY: 85.00-90.00. STRAW; 15 LOADS. 50.00-77.50. EAR CORN: 5 LOADS 97.50-135.00. OATS: 2.40 AND 2.75 BU. Performance Begins Here Hoffman Seeds, Inc. Landisville, PA 17538 is a part of the terms of sale thereof Funk s is a brand name Numbers identify varieties North Jersey Market Hackettstown, N.J. Tues., Jan. 17, 1989 Hay—Straw & Grain Report ALFALFA: 2.00-2.60 BALE. MIXED HAY: 1.35-1.90 BALE. GRASS HAY: 1.40-2.30 BALE. WHEAT STRAW; 1.20-1.80 BALE. TOTAL: 18. Martin’s Hay Coatesvtlle, PA Wed., Jan. 18 TOTAL LOADS: 18. GRASS: 75. ALFALFA: 120. ALFALFA MDC: 110.00-120.00. TIMOTHY MDC: 90.00-100.00. TIMOTHY MULCH: 76.00-80.00. TIMOTHY: 90.00-100.00. STRAW: 73.00-90.00. Kirkwood, Pa. Tuesday, Jan. 17, 1989 Report Supplied by Auction TOTAL LOADS: 86. ALFALFA; 73.00-128.00, 1 at 42.00. ALFALFA MDC: 81.00-120.00. MIXED HAY: 61.00-115.00. CLOVER AND CLOVER MIX: 70.00- TIMOTHY AND TIMOTHY MIX; 73.00- GRASS AND ORCHARD GRASS 80.00- STRAW: 15 LOADS. 62.00-74.00. CORN FODDER: 15.00. EAR CORN: 116.00. ALFALFA: 8 GOOD TO FANCY 90.00- .8 FAIR TO GOOD 40.00- ALFALFA MIX: 6 LOADS 55.00-8000. TIMOTHY: 5 LOADS GOOD 90.00- 16 FAIR TO GOOD 52.00- MIXED HAY: 3 GOOD 80.00-97.00, 8 FAIR 52.00-70.00. ~ CLOVER HAY: 85.00 AND 112.00. STRAW: 11 LOADS AT 55.00-71.00. WOOD: 10 LOADS. 59.00-66.00 CORD. Pennsylvania and Maryland during the past three years. Or from Hoffman soybeans like Hoffman 359, a leader in 1987 Maryland trials in Queens town and Quantico Get your ticket to superior performance by contacting your local Hoffman Seed representative or our Landisville office Call toll free 1-800-233-0137 In PA' 1-800-732-0456. ran™ HI P % 'tWTW CO f t A v * King’s Hay Frederick Co. Hay Buckeystown, Md. Thursday, Jan. 19, 1989 Report Supplied by Auction TOTAL LOADS: 78. Vintage Hay PA Thurs, Jan. 19, 1989 Report Supplied by Auction TOTAL LOADS: 31. ALFALFA: 68.00-90.00. MIXED HAY: 55.00-70.00. TIMOTHY; 77 50-89.00. GRASS: 65.00-80.00. STRAW; 61.00-67.00. Oklahoma City Feed Cattle Weekly January 18, 1989 COMPARED WITH LAST WEEK FEEDER STEERS, STEER CALVES, AND YEARLING HEIFERS STEADY TO $l.OO HIGHER; HEIFER CALVES 51.50-52.00 HIGHER. DEMAND GOOD FOR FEEDERS; TRADE ACTIVE. BULK FEEDER SUPPLY COMING OFF OF WHEAT PASTURES; GOOD PER CENTAGE ARE FLESHY. LARGE SHARE OF FEEDER OFFERINGS ARE YEARLINGS; WEIGHING CONDI TIONS FAVORABLE TO BUYERS. SLAUGHTER COWS Sl.oo-52.00 HIGH ER. COW DEMAND GOOD. TWO THIRDS OF TOTAL COW NUMBERS TO PACKERS; ONE-THIRD TO REPLACEMENT OR FEEDER BUY ERS. SLAUGHTER BULLS STEADY TO WEAK. BULL DEMAND CLOSED MODERATE. RECEIPTS THIS WEEK 13,400; LAST WEEK 16.819; LAST YEAR 11,489. SUPPLY CONSIST: 70% YEARLING FEEDERS; 24% FEEDER CALVES; 6% COWS & BULLS. FEEDER STEERS: MEDIUM AND LARGE FRAME 1, 175-300 LB. $120.00-5125.00; 300-400 LB. $lll.OO-5118.50; 400-450 LB. 5103.50- 450-500 LB. 599.00- 500-550 LB. 595.00- 550-600 LB. 590.50- 600-700 LB. 585.75- 700-800 LB. 583.50- 800-900 LB. 580.75- 900-950 LB. 579.50- 950-1035 LB. 574.25-577.00. HOLSTEINS LARGE FRAME 2: 575-700 LB. 572.75-574.00; 700-800 LB. 570.50- 573.50; 800-900 LB. 569.75- 950-1000 LB. 566.50- FEEDER HEIFERS: MEDIUM AND LARGE FRAME 1, 200-350 LB. 597.00- 300-400 LB. 594.00- 400-500 LB. 587.75-597.00; 500-600 LB. 582.25-588.75; 600-750 LB. 580.00- 775-875 LB. 575.00- SLAUGHTER COWS: CUTTER, BONING & BREAKING UTILITY 1-4 KING'S AUCliON*'*! KIRKWOOD MARTIN’S HAY & 'StiSS! p fcr STRAW SALE EVERY TUESDAY Public Auction Every Wednesday, 12;00 12 Noon Sharp Located Rt 472 s mil** Muth Location: John Primus & Son, o! oi rIIV/S«nd Buck Run Road, Coatesville, PA Nobto RO*d At ROUM Tobacco Station, } Lloyd h. Kr.w«r Coordinators: Harvey Z. Martin John Martin Primus No out of state checks 1 215*445*5303 215*383*6686 ALL TRUCKERS AND Leon Kurtz, Auctioneer FARMERS WELCOME OUR BUSINESS IS SERVICE TO FARMERS Let us help you build a successful Call: 717-761-2740 800-382-1356 • Forward Contracting • Hedging Services CFS PFA COMMODITY FUTURES SERVICE, INC. $47.25-552.00; HIGH DRESSING 551.50-555.25. CANNER AND LOW DRESSING CUTTER $42.50-545.75. SLAUGHTER BULLS; Y.G. 1-2 1250-2025 LB. $55.00-$60.00, HIGH DRESSING $60.00-566.00. LOW DRESSING AND FLESHY $51.00-$54.50. REPLACEMENT COWS: PRE TESTED FOR BANGS, PREGNANCY. AND AGE. MEDIUM AND LARGE FRAME 1 MUSCLED COWS- 5-9 YEAR OLD 750-1050 LB. 4-8 MONTHS BRED $54.00-$64.00/CWT. 1050-1225 18. $51,50-$56.50/CWT. 10+ YEAR OLD 825-1150 LB. 4-8 MONTHS BRED 547.00-$52.75/CWT. BUTCHER COWS: $1 HIGHER. HIGH YIELD 49.00-50.00; STANDARD AND UTILITY 45.00-49.00; CANNERS 41.00- SHELLY 41.00 DOWN.; BULLS YG#2 TO 58.25; STEERS CHOICE. NONE; SELECT HEREFORD 60.00- HEIFERS SELECT TO 65.25. BUTCHER HOGS; 75 HEAD. 2 LOTS US#l AND 2 TO 44.00; US#l AND 3 225-260 LBS. 42.25-43.00. SOWS 300-400 LBS. 33.00-35.50; HEAVY BOARS TO 26.50. VEAL CALVES: 140-250 LBS. FEW GOOD 75.00-90.00, NO CHOICE OFFERED; CULL CALVES 85-120 LBS. 69.00-78 00; 50-80 LBS. 60 00-70 00; WEAK AND ROUGH 55.00 DOWN. CALVES RETURNING TO FARM: BULLS 5.00-15.00 HIGHER: HEIFERS LOWER. HOLSTEIN HEIFERS 90-120 LBS. 85.00-99.00; 85-90 LBS. 75.00- 95-120 LBS. TO 160.00, BULK 120.00-154.00; BEEF X BULLS 75.00- LAMBS: FEW CHOICE 120 LBS. 63.00. GOATS; 1 AT 52.00. STOCK CATTLE: MAINLY HEIFERS OFFERED. STEERS 1 300 LB. 90.00; HEIFERS 300-700 LBS. 60.00-72.00; BULLS 500-700 LBS. TO 72.00. SPRINGING DAIRY HEIFERS 550.00T0 1010.00 PER HEAD. PIGS AND SHOATS: NO TOP QUAL ITY OFFERED, 70 HEAD. BY THE HEAD. 30-40 LBS. 15.00-23.00; 60-80 LBS. 27.00 AND 28.00; BY THE LB. FEW 120-140 LBS. 41.00-47.00; STOCK BOARS TO 29.50. marketing program! Frederick Livestock Auction Frederick, Md. Monday, Jan. 16, 1989 Report Supplied by Auction stock 4|