National Grain
Market
St. Joseph, Mo.
Wednesday, March 8,1989
CASH GRAIN AI*D,SOYBEAN
PRICES LOWER WEDNESDAY.
AFTER A SERIES OF UPTURNS. PRO
FIT TAKING SET. PUSHING CASH
AND FUTURES PRICES LOWER.
CORN AND SOYBEANS SUFFERED
THE MOST DECLINE. SOYBEAN
MEAL ALSO SUFFERED A SgVER SET
BACKS.
EXPORT NEWS: TAIWAN BOUGHT
10,000 TONNES OF U.S. NO. 2 YEL
LOW SOYBEANS FOR SHIPMENT
MARCH/APRIL. EL SALVADOR WILL
TENDER TODAY FOR 2,500 TO 3,500
TONNES OF U.S. INEDIBLE TALLO
UNDER PL4BO TITLE I PURCHASE
AUTHORIZATION ES-7044.
DATE CHANCE YEAR AGO Q3/OS/S9
03/07/89 03/09/88 WHEAT: KANSAS
CITY 4.404.44 DN 1 3.03-3.07 MIN
NEAPOLIS 4.55 DN 1/4 3.12 1/4 PORT
LAND 4.83-4.85 UP 1-DN13.03-3.08 ST.
LOUIS 4.35-438 NC-UP 2 2.87-2.92.
CORN, U.S. NO. 2 YELLOW: KAN
SAS CITY 2.70-2.74 DN 1-2 2.01-102
MINNEAPOLIS 2.62 3/4 DN 1 3/4 1.83
SO. lOWA 2.71-2.76 DN 1 3/4 1.97-102
OMAHA 2.58-2.59 DN 2-3 1.84-1.85.
SOYBEANS. NO. 1 YELLOW: KAN
SAS CITY 7.63-7.68 DN 13-15 5.91-5.96
MINNEAPOLIS 7.54 1/2 DN 21 1/2 5.86
1/4 SO. lOWA 7.58-7.67 DN 13-8 1/2
6.01-6.04 1/2 C. ILL. PROCESSORS 7.70
1/2-7.73 1/2 DN 8-9 1/2 6.06 1/2-6.12 1/2.
•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
(MAY) WHEAT 4.30 DN 1 1/4 3.07 1/2
MINNEAPOLIS (MAY) WHEAT 4.25
DN 1/4 2.94 1/4 CHICAGO (MAY)
WHEAT 4.32 3/4 DN 2 3/4 3.04 (MAY)
CORN 2.79 3/4 DN 2 3/4 106 (MAY)
SOYBEANS 7.66 1/2 DN 10 1/2 6.13 1/4.
EXPORT: BARGE OR RAIL. PORT
OF NEW ORLEANS OR NORTH TEX
AS GULF. NO. 1 HARD RED WINTER
WHEAT ORDINARY PROTEIN 4.80 DN
1 3,39 NO. 2 SOFT RED WINTER
WHEAT 4.61-4.63 DN 3-2 3.15-3.20
N 0.2 YELLOW CORN 3.03-3.04 DN 2‘
130 NO.
2 YELLOW SORGHUM RAIL 5.11
DN 3 BARGE 5.21 DN 4 3.84-3.91 N 0.2
YELLOW SOYBEANS 7.97-8.00 DN
10-8 6.36-638.
Leinbach’s Hay
ShlppensbUif, PA
March 4 and 7. Report supplied by Auc
tion
TOTAL LOADS: 59.
ALFALFA: 70.00-130.00.
MIXED HAY: 48.00-120.00.
TIMOTHY: 75.00-88.00.
GRASS; 5100-83.00.
STRAW: 43.00-61.00.
CORN: 92.00-125.00.
OATS: 2.60 BU.
MULCH HAY: 46.00-47.00.
WOOD: 26.00-37.50 LOAD.
Good’s Hay
Lcola, Pa.
Wed, March 8, 1989
Report Supplied by Auction
TOTAL LOADS: 112.
ALFALFA: 68.00-165.00.
TIMOTHY: 70.00-119.00.
MIXED HAY; 65.00-148.00.
STRAW: 64.00-80.00.
CORN: 120.00-123.00.
OATS: 2.25-3.05 BU.
ORCHARD GRASS: 93.00.
CLOVER: 69.00-74.00.
King’s Hay
Kirkwood, Pa.
Tuesday, March 7, 1989
Report Supplied by Auction
TOTAL LOADS: 27.
ALFALFA: 96.00-122.
ALFALFA MIX: 108.00-138.00.
MIXED HAY: 88.00-114.00.
GRASS HAY: 82.00-90.00.
STRAW: 5 LOADS, 70.00-74.00.
North Jersey
Market
Hackettstown, N.J.
Tiles- March 7, 1989
Hay—Straw & Grain Report
MIXED HAY, 1 LOAD, 1.90 BALE.
GRASS HAY, 3 LOADS, 1.00-1.08
BALE.
WHEAT STRAW; 1 LOAD, 200
BALE.
TOTAL: 5 LOADS,
Dewart Hay
Dewart, PA.
Monday, March 6, 1989
Report Supplied by Auction
TOTAL LOADS: 13 LDS. HAY,
50.00-105.00.
STRAW: 2 LOADS, 54.00»nd 79.00.-
WOOD: 4 LOADS. 40.00-56.00.
Frederick Co.
Hay
Buckeyitown, Md.
Thursday, March 9, 1989
Report Supplied by Auction
52 LOADS. MARKET ABOUT
STEADY: DEMAND FAIR.
ALFALFA: 10 LOADS FAIR TO
GOOD, 95.00-137.00, 4 FAIR. SOME
DARK, 71.00-86.00.
TIMOTHY, 10 LOADS, FAIR TO
GOOD, 86.00-109.00, 3 DARK.
67.00-77.00.
ORCHARD GRASS: 2 LOADS AT
75.00.
MIXED HAY: 1 FANCY, 112.00, 8
FAIR TO GOOD, 56.00-78.00.
MULCH HAY. 1 LOAD, 40.00.
STRAW: 10 LOADS FAIR TO GOOD,
56.00-85.00.
FIREWOOD: 2 LOADS SPLIT HARD
WOOD, 77.00-82.00 CORD.
Keister’s Hay
Middleburg, PA
Tuesday, March 7
Report supplied by auction
29 LDS. HAY.
ALFALFA: 90.50-120.00.
MIXED HAY: 57.50-110.00.
TIMOTHY: 90.00-105.00.
STRAW: 7 LOADS, 67.50-75.00.
EAR CORN: 100.00-110.00.
OATS- 2*5 BU.
Belleville Hay
Wednesday, March 8
Belleville, PA
Report Supplied by Auction
TOTAL LOADS: 50 LDS. HAY.
ALFALFA: 92.50-175.00.
MIXED HAY: 65.00-107.50.
STRAW: 6 LOADS, 80.00-95.00.
EAR CORN: 3 LOADS, 97.50-125.00.
Greencastle
Livestock Market
Hay & Straw
Monday March 6, 1989
6 Loads
MIXED HAY. 66.00-82.00
Oklahoma City
Feeder Cattle
Weekly
Wedneaday, March (, 1989
WEEKLY CATTLE SUMMARY;
COMPARED WITH LAST WEEK
FEEDER STEERS UNDER 550 LB. AND
HEIFERS UNDER 500 LB. STEADY TO
1.00 LOWER; HEAVIER WEIGHT
COMPRISED BULK OF SUPPLY AND
THESE 1.00-3.00 LOWER. DEMAND
FAIR FOR FEEDLOT WEIGHT
CATTLE AND HEAVY STOCKERS;
DEMAND GOOD FOR CALVES &
LIGHT STOCKERS. BUYER ATTEN
DANCE GOOD. HOWEVER SEVERAL
FEEDLOT BUYERS OUT OF THE
MARKET OR NOT VERY AGGRES
SIVE. FEEDER QUALITY REMAINED
ATTRACTIVE THIS WEEK. SOME
FACTORS AFFECTING DEMAND
ARE: SEVERAL FEEDLOTS HAVE
ADEQUATE NUMBERS DUE TO EAR
LY MOVEMENT OFF WHEAT PAS
TURES. PREVIOUS CONTRACTS
HAVE PRICE PROTECTION THRU
RISK MANAGEMENT. CURRENT
SALES HAVE INADEQUATE END
PRICE PROTECTION AT CURRENT
FEEDER CATTLE PRICE LEVELS.
WHEAT IS SHORT OR COMPLETELY
GRAZED OFF; LESS CATTLE ARE
EXPECTED TO GRAZE OUT WHEAT
THRU MAY. CURRENT WHEAT
PRICE IS CONDUCING MORE FAR
MERS TO MAKE A WHEAT CROP
.THIS YEAR. SLAUGHTER COWS
$.50-$1.50 HIGHER. SLAUGHTER
BULLS FIRM TO $l.OO HIGHER. COW
AND BULL DEMAND GOOD; NUM
BERS CONTINUE TO RUN LIGHT.
ANOTHER LARGE RUN WAS
EXPECTED THIS WEEK, HOWEVER
SUNDAYS MAJOR SNOW STORM
LIMITED CATTLE MOVEMENT
FROM ALL BUT THE WESTERN
TRADE AREA. RECEIPTS THIS WEEK
10,200; LAST WEEK 27,268; LAST
YEAR 11,945. SUPPLY CONSISTED OF
90% YEARLINGS; 7% CALVES; 3%
COWS & BULLS. BULK PRICE
LEVELS FOLLOW:
FEEDER STEERS; MEDIUM &
LARGE FRAME 1. 250-425 LB.
$lll.OO $116.00; 425-500 LB.
$102.25-$! 10.50; 500-550 LB.
GRAIN & LIVESTOCK
HEDGING SERVICES
WITH
KFHutton
Jim Rohrbaugh, Account Executive
E.F. Hutton &. Company Inc.
P.O. Box 3151, Harrisburg, PA 17105
(717)763-1611
(800) 822-9553 In-state
(800) 334-3119 Out-of-state
' Ljnfcww Firming, 1989-A7
$95.00-$105.50; SSO-600 LB.
$85.00-594.00; 600-650 LB.
$84.50-$89.50; 650-700 LB.
$Bl.OO-$84.50; 700-800 LB.
$79.00-$83.00; 800-900 LB.
$77.00-580.75; 900-975 LB.
576.00- HOLSTEINS: LARGE
FRAME 2. SSO-600 LB. $72.00-575.50;
625-700 LB. $69.00-571.25; 700-800 LB.
565.00- 800-925 LB.
563.50-566.50.
FEEDER HEIFERS: MEDIUM &
LARGE FRAME 1, 200-300 LB.
5104.00- 300-400 LB.
591.50-5103.00; 400-500 LB.
586.00- 500-600 LB.
$79.00-585.00; 600-700 LB.
577.00- 700-800 LB.
$76.00-578.00; 800-875 LB.
$74.00-577.50.
LAUGHTER COWS: BREAKING
UTILITY AND COMMERCIAL 3-5,
545.00-549.50, HIGH- DRESSING
$49.25-553.00. CUTTER AND BONINO
UTILITY 1-2, $47.00-552.00, HIGH
DRESSING $51.25-554.25. CANNER
AND LOW-DRESSING CUTTER
$44.00-548.00.
SLAUGHTER BULLS; Y.O 1,
1200-2200 LB. $58.75-$64.00, HIGH
DRESS IN G AND BONING
$63.50-$68.75.
REPLACEMENT COWS: PRE
TESTED POR BANGS, AGE. AND PRE
GNANCY MEDIUM FRAME NO. 1
MUSCLED COWS: 7-9 YEAR OLD
900-1050 LB. 4-7 MONTHS BRED
$49.75-$56.25/CWT. 10+ YEAR OLD
875-1050 LB. 6-8 MONTHS BRED
$48.00-551.75/CWT. 3-6 MONTHS
BRED $44.50-$48.25/CWT.
STEERS 60.00-75.75; HEIFERS
60.00-69.00; GOOD COWS 46.00-54.00,
CANNERS AND CUTTERS 40.00-46.00,
BULLS 58.00-65.25.
VEAL: 90-190 LBS. 90.00-132.50;
70-90 LBS. 75.00-90.00.
HOGS: 39.00-40.60; SOWS
25.00-30.00; FEEDER PIGS 10.00-20.0 C
PER HEAD.
Dewart Livestock
Dewart, Pa.
Monday, March 6, 1989
Report Supplied by PDA
KING’S AUCTION
KIRKWOOD
Hay, Straw and
Grain Auction
EVERY TUESDAY
12:00
Located Rt 47f C mllee tooth
of Querryville or I inllto north
o( Oxford corner of RL 472 and
Noble Roed el Route Tobacco
Station.
Lloyd H. Kreldor
Auctioneer
AU-000S1IL
No out of ctate checkc
ALL TRUCKERS AND
FARMERS WELCOME