Lancaster farming. (Lancaster, Pa., etc.) 1955-current, April 08, 1989, Image 3

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    I
Lancaster Hogs
Lancaster Stockyards
Sat, Apr. 1, 1989
Report supplied by auction
1176 HEAD.
FEW US 1 215-245 LBS. 37.50-39.25.
US 1-2 215-245 LBS. 36.50-37.25.
US 1-3 215-245 LBS. 36.00-36.50;
LATE SALES 34.75-35.25.
US 2-4 215-250 LBS. 35.00-35.75;
LATE SALES 34.00-34.50.
SOWS: OVER 500 LBS. 29.00-32.00;
UNDER 500 LBS. 27.00-30.00.
BOARS: UNDER 270 LBS.
28.00- OVER 270 LBS.
26.00-
New Holland
Hogs
April 3, 1989
HOG RECEIPTS:
TODAY 825
LAST MONDAY 809
LAST YEAR 709
TREND: Compared to last Monday bar
rows and gilts 2.00-3.50 lower.
BARROWS AND GILTS: US 1-2
210-245 lb 36.50-38.00.
US 1 Few 210-240 lb 38.25-40.00.
US 1-3 210-260 lb 34.00-36.00.
US 3-4 One lot 205 lb 28.00, One lot
275 lb 30.00.
Peoria Hogs
Peoria, IL
April 6, 1989
OPENING HOGS; 2000 TRADING
MODERATE EARLY. BARROWS AND
GILTS OPENING WEAK TO .50 LOW
ER COMPARED WITH WEDNESDAY.
SUPPLY MAINLY US 1-3 230-260 LBS.
US 1-3 220-250 LBS. 38.00-39.00
215-220 LBS. 37-50-38.00 2-3 240-260
LBS. 37.50-38.00
SOWS: UNDER 400 LBS. STEADY
OVER 400 LBS. .50 TO 1.00 LOWER
12%
US 1-3 325-400 LBS. 32.00 400-500
LBS. 32.50 500-650 LBS. 33.50-34.0 L
PIGS
STATE GRADED SALE
FRI, APR. 14
1:30 P.M.
Carlisle
UVESTOCK MARKET, INC.
Now holding two ulei
•«ch month ovoty 2nd &
4th Fridays.
Exit 12 OH Ml
(717) 24M511 or
Evinlngt Jim, 248-2359
Walter M. Dunlap and Sons offers all cattle feed
ers 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 u» a call whether you are buying or lelling
Graded Feeder Cattle Sale
Fri., April 14 at 11:00 A.M.
Selling 120 Head Acclimated Feeder Cattle
Out Of Berks County
Walter M. Dunlap and Sons
Lancaster Stockyards
Tel. (717) 307*5136
An Old Una Commission Flrm Keeping Abreast
Indianapolis Hogs
Thursday, April 6,1989
HOGS: 700 - BARROWS & GILTS 50
LOWER; DEMAND LIGHT. TRADE
VERY SLOW.
US 1-3 225-260 LB. 38.00-38.50.
SOWS: STEADY. (10%)
US MEDIUM 325-410 LB.
28.00-30.00.
US 1-3 505-600 LB. 32.00-34.00;
615-745 LB. 36.00.
BOARS: OVER 300 LB. 28.00-29.00.
St Louis Hogs
Thursday, April 6,1989
HOGS; 3500 - BARROWS A. GILTS
MODERATE, UNDER 260 LB. FULLY
50 LOWER THAN EARLY WED.
HEAVIER WEIGHTS MOSTLY 1.00
LOWER.
US 1-3 230-260 LB. 38.00-38.50;
200-230 LB. 35.50-37.50.
US 2-3 350-270 LB. 36.50-37.50;
270-300 LB. NOT ESTABLISHED.
SOWS: UNDRE 500 LB. WEAK=SO
LOWER; OVER 500 LB. 1.50-2.50 LOW
ER. (ABOUT 8%)
US 1-3 300-500 LB. 31.00-31.50;
OVER 500 LB. 32.50-34.50.
BOARS: ALL WEIGHTS 32.50.
Peoria Hogs
Thursday, April 6,1989
HOGS: 2000 - BARROWS & GILTS
MODERATE, EARLY, SLOW LATE
WEAK-50 LOWER EARLY, CLOSING
MOSTLY 50 LOWER, INST. 1.00
LOWER.
US 1-3 220-250 LB. EARLY
38.00-39.00, LATE 37.50-38.00; 215-220
LB. 37.50-38.00, LATE 36.50-37.00.
US 2-3 240-260 LB. 37.50-38.00.
SOWS: UNDER 400 LB. STEADY;
OVER 400 LB. 50-1.00 LOWER. (12%)
US 1-3 325-400 LB. 32.00; 400-500 LB.
32.50; 500-650 LB. 33.50-34.00.
BOARS: OVER 350 LB. 33.00:
UNDER 356 LB. 32.00-3150.
“GREEK EASTER”
ILAMB/GOAT
SALE
Friday, April 21
5:00 p.m.
Receiving 9 am
until 4 pm
Carlisle
Livestock Market, Inc.
I Exit 12 off 1-81
I 717-249-4511
FEEDER
CATTLE
Tuesday, April 11
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 Evenings, Jim 249-2359
GRAIN.CATTLE AND HOG
CORN
FRI. MON. TUBS. WED. THUR.
MAY 89 268 V,
JUL 271
SEPT. 262V*
DEC. 257%
MAR. 265
MAY 90 267
SOYBEANS
FRI,
MAY 738% 710 714%
JUL. 748 720% 723%
AUG. 742% 717 720
SEPT. 725% 707 709%
NOV. 713% 702% 705%
JAN.9O 722% 710 713%
MAR. 730% 718 723%
CHICAGO CATTLE
FRI. MON. TUBS, WED.
APR. 89
JUN.
AUG.
OCT.
DEC.
78.07
73.02
70.37
70.95
72.25
Acres Corn Update: Closing
com futures gained 2 cents on the spot
option and closed 3/4 cents lower on the
deferred May. Buying was linked to
rumors that the Soviets would bid for an
additional 200,000 MT of com, which was
confirmed after the close. Further support
was attributed to firmer basis levels along
with ideas that the recent price breaks
would attract more export business. Ideas
the market had become oversold added
technical support. Generic certificate tids
remained steady today.
Acres Soybean Update: soy
bean futures prices added from 1/4 to 8
cents to yesterday’s gpins m another con
solidating session. Bearish percepnpns
toward the cash market kept the nearbys on
HOME AND YOUTH
Homestead Notes...
Home On The Range B 6
Cook’s Question Comer B 8
Kid’s Komer 810
4-H Happenings B 9
Farm Women Societies 819
COLUMNS
Now is the Time
On Being A Farm Wife.,
Have You Heard
Back Home
Microwave Minutes
Ida’s Notebook
FEATURES
Tax Reform A 29
Jane Eshelman 814
Proud To Be A Fanner 816
Johne’s Disease Dl3
FUTURES MARKETS
(Dally closing bids; Monday, March 31 through Thursday, April 6)
262
264%
259
257%
264%
265%
259
262
256%
255%
262%
264
264
266%
259%
257%
263%
265
MON.
TUBS.
WED.
715
724
721%
712
711%
720%
730
77.55
71.57
68.57
69.40
70.62
77.40
71.65
68.90
69.72
71.05
78.17
72.52
69.10
69.75
70.75
FUTURES MARKET TRENDS
GRAIN AND LIVESTOCK
This, market information provided by ACRES. ACRES is 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 Service*. For additional market
comments and trading service contact PFA Commodity Futures Service.
(717)761-2740
the defensive throughout the day. The My/
November spread narrowed to 11-1/2 cents
from 19-1/2 cents yesterday. Near term
pressure was attributed to weaker GIF and
FOB values along with weak export
demand. The harvest in Brazil is said to be
15% complete. Trading in the deferreds
was fairly quiet with activity today cen
tered on the old crop months. November
ended 6 cents higher at $7 11-1/2 while the
May closed 1/4 cent higher at $7 15.
Acres Wheat Update; wheat
futures prices closed higher from 1 cent to
3 cents on buying linked to news that Chi
na was bidding on 300,000 metric tonnes
under their export bonus. Further support
was attributed to ideas that recent losses
were overdone with uncertainty over
recent export rumors limiting price rallies
Some May/July spreading was featured
during the session. Trading today was
choppy and confined to narrow ranges
July ended the day 1 cent higher at
in fit is
,B 2
... AlO
....B 4
....B 5
~..B 9
...813
~..821
LiMjWtrFlnrtna, Sftuntoy.
WHEAT
265%
267%
261%
260%
267
268%
MAY 89 403% 408%
JUL 387% 395
SEP. 393% 400
DEC. 405% 411
MAR. 410 416%
SOYBEAN MEAL
THUR.
MAY 227.50 218.40 22U0 220.10
JUL 225.90 217.20 219.60 219.10
AUG. 224.00 216.20 217.80 218.10
SEPT. 220.50 215.00 215.70 216.50
OCT. 215.20 211.20 213.00 213.70
DEC. 214.00 210.50 211.50 213.00
JAN. 2UOO 210.50 211.00 212.50
CHICAGO HOGS
714
725
726%
717%
717
725%
735
THUR.
APR.
JUN.
JUL.
AUG.
OCT
DEC
77.67
72.07
68.65
69.30
70.37
issue
Five Sections
DEPARTMENTS
Editorial
Farm Calendar.
Classified Ads.
Business News
Mailbox Markets D3B, E 2
Sale Reports
Public Auction Register..
DAIRY
Red & White Show A2O
Outstanding Dairyman A 22
Cecil DHIA
Holstein Bylaws
Low Cholesterol Milk A 37
All PA Holsteins Dll
Red & White Holstein Dl5
Adams DHIA D 24
Franklin DHIA D 26
FRI. MON. TUBS. WED. THUR.
401%
391%
398%
410
414%
I'UES.
FRI. MON.
FRI. MON.
TUBS. WED. THUR,
40.25
4647
46.80
45,60
43.10
44.87
40.37
45.55
46.07
44.77
41.72
43.60
40.65
45.57
45.80
44.27
41.45
43.45
$3.92-1/4 while gamed 3 cents at
$4.04-1/4.
Acres Cattle Update: Live
cattle and feeder cattle futures closed high
er today gaining from 2 to 95 points on the
live cattle and 30 to 57 points on the feed
ers. Gains were magnified by the futures
discount to cash prices with heavy cash
connected buying tied to oversold condi
tions. A pick-up in packer demand for fed
cattle supplies and ideas of short bought
conditions underpinned cash pnees. Feed
ers closed higher on spillover from live
cattle and short covering Live cattle trade
in the direct markets remained sluggish,
with the USDA reporting light sales at
weaker pnees.
CME FEEDER CATTLE SETTLE
MENT PRICE - 4/03/89 - $BO 12 dn i .03
ACRES NEXT DAY OUTLOOK
CASH - steady trf weaker FUTURES -
steady
(Turn to Pago Al 9)
Management Award
At'
IWM3
mm
404%
392%
400%
411%
417
400 VJ
391 V.
399‘4
413'/.
419
WED.
THUR.
220.70
219.90
218.60
216.50
216.00
215.00
214.20
40.57
45.72
45.92
44.47
41.75
43.42
39.97
45.27
45.65
44.40
41.17
42.95
AlO
AlO
.821
D 6
,E 9
,El 2
A 22
A 24
A3O