Virginia Weekly Richmond, Va. Thursday, April 13, 1989 WEEKLY REVIEW IN VIRGINIA MARKETS IN REVIEW; APRIL 6-12, 1989. FEEDER STEERS AND HEIFERS IN VIRGINIA HAD STEERS STEADY TO $2.75 HIGHER WHILE HEIFERS WERE $l.OO-2.00 LOWER. MIDWEST PRICES WERE $2.75-5.50 HIGHER. SLAUGHTER STEERS AND HEIF ERS IN VIRGINIA WERE $l.OO-1.50 LOWER AS MIDWEST PRICES WERE 75 CENT TO $2.50 LOWER. COWS AND BULLS IN VIRGINIA WERE STEADY TO $5.00 HIGHER WHILE MIDWEST PRICES REMAINED STEADY. BEEF PRODUC TION WAS 1% ABOVE A WEEK AGO AND 2% ABOVE A YEAR AGO. AVER AGE DRESSED WEIGHTS WERE 17 POUNDS HEAVIER THAN LAST YEAR. VEAL AND CALF PRICES IN VIRGI NIA WERE STEADY AS MIDWEST PRICES WERE $4.00-5.00 HIGHER. VEAL AND CALF SLAUGHTER WAS THE SAME AS LAST WEEK BUT 2% BELOW A YEAR AGO. AVERAGE DRESSED WEIGHTS WERE 4 POUNDS HEAVIER THAN LAST YEAR. LAMB PRICES IN VIRGINIA WERE J 3.00-10.00 HIGHER AS MIDWEST PRICES REMAINED STEADY. LAMB SLAUGHTER WAS 5% ABOVE A WEEK AGO BUT 1% BELOW A YEAR AGO. AVERAGE DRESSED WEIGHTS WERE THE SAME AS LAST YEAR. SLAUGHTER HOGS IN VIRGINIA WERE 50 CENT TO $2.00 LOWER AS MARTIN'S HAY & STRAW SALE Public Auction Every Wednesday, 12 Noon Sharp Location: John Primus & Son, Buck Run Road, Coatesville, PA Coordinators: Harvey 2. Martin John Martin Primus 215-445-5303 215-383-6686 Leon Kurtz, Auctioneer Mulch Contracts Also Available Green Dragon Livestock Sales Location: Ephrata RD 4. 1 mile N. on North State St, Ephrata. SALE EVERY FRIDAY Lots of good Northern Feeder 4 Stockers. Slaughter Cows' - Bull Steer, Veal-lamb. 11:00 A.M.-Beef Sale 200-300 each week. 1:00 P.M.-Dairy Sale. 7:00 P.M.-Small Animal Sale. For Special Sales and Herd Dispersals on farm or at our barn or other market information call: Office 717-733-2444, Home 717-838-4318. WALTER H. RISSER, Proprietor All out of state and new buyers must have cash or certified check or current letter of credit from bank. SWINE PRODUCTION SALES AND SERVICE Feeding Programs And Services To Meet Your Individu: Needs Computerized Record Keeping System MIDWEST PRICES WERE $l.OO LOW ER. FRESH PORK PRICES WERE STEADY TO $2.50 LOWER. PORK PRODUCTION WAS 6% ABOVE A WEEK AGO AND 11% ABOVE A YEAft AGO. AVERAGE DRESSED WEIGHTS WERE 2 POUNDS LIGHTER THAN LAST YEAR. THE VIRGINIA DIRECT HOG MARKET APRIL 6-12,1989. RECEIPTS FOR THE DIRECT HOG MARKET IN VIRGINIA TOTALED 18.432 HEAD. COMPARED TO LAST WEEK 19,181 HEAD. THE MARKET CLOSED $l.OO-1.50 LOWER COMPARED TO LAST WEDNESDAY’S TRADING. COUNTRY POINTS PLANTS US 1-3 200-240 LBS 33.00-37.00 US 1-2 210-240 LBS FEW HIGH YIELDING 35.00-38.00 US 2-4 210-240 LBS BASE PRICE 34.00-36.00 SOWS $24.00-30.80 AND .BOARS $lB.OO-24.50. SLAUGHTER STEERS AND HEIF ERS 1%; ’SLAUGHTER COWS 12%; SLAUGHTER BULLS 1%; SLAUGH TER CALVES AND VBALERS 1%; FEEDER CATTLE UNDER 600 LBS 62% OVER 600 LBS 23% PRICE RANGES FOR VIRGINIA WEEKLY AUCTIONS SLAUGHTER CATTLE STEERS; CHOICE 2-3 1000-1150 LBS 70.00-74.10 CHOICE 2-3 1150-1300 LBS 69.50-74.75 HEIFERS; CHOICE 2-3 900-1000 LBS 67.75-70.00 CHOICE 2-3 1000-1150 LBS 68.75-71.25 CHOICE 2-3 1150 LBS & OVER 70.00-72.50 UTILITY & COMMERCIAL COWS 42.00-54.50 BULLS - 1-2 900-1300 LBS 52.00-62.00 1-2 1300-1600 LBS 52.75-62.00 1-2 1600 LBS & OVER 53.00-66.00 SLAUGHTER CALVES AND VEALERS VEALERS - Cnfc Contracts Available HOSTETTER PORK Wanted To Buy Crippled and Disabled Sows and Boars Hogs Slaughtered For Federal Inspection iM Supplying Farm Fresh Feeder Pigs [arketing and Hedging Services Marketing of Genesis Breeding Stock Developing Individual Financial Programs HIGH CHOICE * PRIME 100-250 LBS 95.00- PEW 80.00 GOOD AND CHOICE 100-250 LBS 79.00-81.00 FEW 93.00 CALVES - GOOD AND CHOICE 250-500 LBS 69.00-87.00 SLAUGHTER LAMBS HIGH CHOICE & PRIME 95-125 LBS SPRING 74.50-81.10 FEW 63.00 HIGH CHOICE & PRIME 95-125 LBS WOOL 74.25-77.50; SHORN 74.00 SLAUGHTER HOGS US 2-4 200-250 LBS 32.90-37.00 SOWS US 1-3 300-500 LBS 25.00-31.00; 500 LBS & OVER 28.00- FEEDER CATTLE STEERS MEDIUM 1 HEIFERS: MEDIUM 1 200-300 LBS 98.00-117.00 300-400 LBS. 83.00- 300-400 96.00-113.00FW 87.00 400-500 75.00-88.00FW 90.00 400-500 89.00-106.00 500-600 69.00- 500-600 82.00-100.00 600-700 64.00-75.00 600-700 80.00-93.50 FW 77.00 700-800 60.00-73.50 700-800 69.00- 800-900 62.50-69.50 800-900 63.75-75.75. Northern Virginia Area Livestock Summary Orange, Va. Wednesday, April 12,1989 ALL TRENDS COMPARED TO LAST WEDNESDAY SLAUGHTER HOGS 35 HEAD - BARROWS AND GILTS 2.00 LOWER. BARROWS AND GILTS US 2-4 200-250 LBS 34.00 SOWS US 1-3 300-500 LBS 25.00-31.00 500 LBS & OVER 30.00-31.00 BOARS 25.00. SLAUGHTER CATTLE 85 HEAD - SLAUGHTER COWS STEADY. SLAUGHTER COWS 85 HEAD CUT TER & BNG. UT. 1-3 45.00-51.00 BRKG.UT. & COMM. 2-4 43.00-49.00 CANNER & LOW CUTTER 1-2 42.00-47.00. FEEDER CATTLE 250 HEAD - NO TRENDS REPORTED. STEERS; MEDIUM 1300-400 88.00-95.00 400-500 85.00-95.00 500-600 78.00-88.00 600-700 70.00-79.00 800-900 64.006X00. HEIFERS; MEDIUM 1 300-400 69.00- 400-500 68.00-76.00 500-600 68.00- FEEDER BULLS; MED. 1 300-500 LBS 78.00-88.00 500-700 LBS 69.00- 700-900 LBS 63.00-69. Southeast And Central Virginia Area Livestock Summary Smlthfleld and Southside (Blackstone), Va. Wednesday, April 12,1989 ALL TRENDS COMPARED TO LAST WEDNESDAY SLAUGHTER HOGS 250 HEAD - BARROWS AND GILTS 3.00 LOWER. SLAUGHTER SOWS 2.00-250 LOWER. BARROWS AND GILTS US 2-4 200-250 LBS 34.50 SOWS US 1-3 300-500 LBS 27.30-28.60 500 LBS & OVER 30.1030.90 BOARS 26.75-27.00; LIGHT BOARS 30.95. SLAUGHTER CATTLE 80 HEAD - SLAUGHTER COWS STEADY TO 1.00 LOWER. SLAUGHTER BULLS MOST LY STEADY ON A LIMITED TEST. SLAUGHTER STEERS AND HEIF ERS 12 HEAD STEERS: SELECT 2-3 900-1100 LBS 62.00-68.00. SLAUGHTER COWS 47 HEAD CUT TER & BNG.UT. 1-3 44.75-51.50 BRKG.UT. & COMM. 2-4 42.00-54.50 CANNER & LOW CUTTER 1-2 40.75-43.00. SLAUGHTER BULLS 13 HEAD; 1-2 900-1300 LBS 54.00 1-2 1300-1600 LBS 53.00-62.00 1-2 1600 LBS & OVER 59.25-63.25. SLAUGHTER CALVES AND VEALERS 8 HEAD VEALERS - HIGH CHOICE AND PRIME 100-250 LBS 95.00-99.00 GOOD AND CHOICE 100-250 LBS FEW 71.00-93.00. FEEDER CATTLE 375 HEAD - FEED ER STEERS AND FEEDER BULLS STEADY TO 1.00 LOWER. FEEDER HEIFERS 1.00-2.00 HIGHER EXCEPT BLACKSTONE 1.00-2.00 LOWER. STEERS: MEDIUM 1 SMALL 1 MED.&LARGE 2 300-400 90.50-92.00 400-500 89.00-93.00 74.00 79.00- 500-600 79.00 66.00-79.00 600-700 65.00-67.50 700-800 67.00- HEIFERS: MEDIUM 1 SMALL 1 MED.&LARGE 2 300-400 76.00-83.00 69.00-73.50 71.00-79.00 400-500 Rosenthal Lehigh Valley presents AN AGRICULTURAL SEMINAR What’s ahead for grain and meat prices in 1989? Will we see $12.00 Soybeans, $4.00 Corn and 800 Cattle? At our Free seminar, we will fully discuss the current condi tions and future prospects for grains and livestock. What effect will last year’s drought and huge foreign grain purchases have on our current low grain stocks? Discussed: • Soybeans • Soybean Meal • Soybean Oil • Corn • Wheat • Oats • Cattle and Feeders • Hogs and Bellies An excellent opportunity for farmers, dealers and investors to learn about grain and livestock futures and options. • Our only business is commodity futures and options on futures. • Same location and principals for over twenty years. DATE: Wed., April 26 TIME: 7:30 P.M. PLACE: □ I plan to attend □ I do not plan to attend - please send me grain and livestock information and your Market Letter. NAME ADDRESS CITY STATE ZIP PHONE NO. OF PEOPLE ATTENDING Send To: Rosenthal Lehigh Valley 2200 Hamilton St., Suite 102, Allentown, PA 18104 Members Of All Principal Commodity Exchanges IN PENNSYLVANIA CALL (800) 322-9274 ALL OTHER AREAS (800) 523-9388 ALLENTOWN (215) 821-8111 Uncwter Farming, Saturdiy, April 15,1989-A9 78.00- 66.50 73.25-79.00 500-600 71.00- 64.00 68.00-73.00 600-700 59.50-66.50 FEEDER BULLS; MED. 1 SMALL 1 MED.&LARGE 2 300-500 LBS 77.00-92.50 66.00-80.00 73.00-85.00 500-700 LBS 68.00 58.00-74.50 700-900 LBS 58.50 COWS RETURNED TO FARMS 9 HEAD; M-1&2, 750-950 LBS 41.50-51.00 PER CWT. COWS WITH CALVES AT SIDE 9 PAIR; M-1&2, 750-900 LBS 490.00- PER HEAD. HEIFERS BRED 16 HEAD; 8 HEAD M-1&2, 650-800 LBS 435.00-450.00 PER HEAD, 8 HEAD SOLD AT 55.00-61.00 PER CWT. BABY CALVES RETURNED TO FARMS 20 HEAD NEWBORN TO 4 WK OLD 35.00-90.00 PER HEAD. OVER 100 LBS 82.50-127.00 PER CWT. Grantsville Livestock Grantoville, Maryland Saturday, April 8, 1989 HOGS: TOT BARROWS & GILTS 35.50-37.40; HEAVY BUTCHER 30.00- LIGHT BUTCHER 28.00- BUTCHER SOWS 22.00- FEEDER SHOATS 5.00- VEAL: GOOD 95.00-115.00; STAN DARD 80.00-90.00; UTILITY 60.00-70.00; BULL CALVES 100 00-155.00. SHEEP & LAMBS: GOOD 70.00-81.00; UTILITY 55.00-65.00. SLAUGHTER CATTLE: STEERS GOOD 70.00-74.50; STANDARD 62.00-65.00; UTILITY 54.00-60.00. HEIFERS GOOD 65.00-69.75; STAN DARD 60.00-63.50; UTILITY 55.00-58.00. COWS: COMMERCIAL 44.00-51.50, UTILITY 40.50-42.00; CANNER & CUT TER 35.00-40.00. BULLS; COMMERCIAL & GOOD 54.00- CUTTER & UTILITY 48.00- STOCK-FEEDER CATTLE. GOOD 75.00-80.00; MEDIUM 60.00-70.00. STEER CALVES: GOOD 80.00-99.00; MEDIUM 65.00-75.00. HEIFER CALVES; GOOD 65.00-80.00; MEDIUM 55.00-60.00. EGGS: Large .60-.70; MEDIUM •55-.60. • Hedging and forward pricing • Strategies and trading objectives • Money Management of a futures and options account. ■ Using options which offer UNLIMITED profit potential > with LIMITED risk. Holiday Inn, Grantville, PA Exit 28, Rt. 81 (next to the Penn National Race Track)