I mi i
MARKETS
New Holland Hogs
Mon, May 29, 1989
TODAY 568
LAST MONDAY 915
LAST YEAR _ 577
AUCTION NOT COVERED - FEDER
AL HOLIDAY.
New Holland
Feeder Pigs
Wed, May 31, 1989
TODAY
LAST WEDNESDAY
LAST YEAR
TREND; Compared to lut Wedneiday
25-50 lb feeder pigi 20.00-25.00 lower,
50-80 lb S.OO-12.00 lower. All pigs
weighed on arrival and sold by the
hundred weight.
GRADE HEAD WEIGHT PRICE US
1-2 43 37-38 53.00-59.00. 164 40-49
43.00- 28 51 62.00, 144 50-55
46.00- 27 62 53.00-57.00.
US 2 89 36-38 42.00-48.00. 139 40-49
42.00- 65 50-56 46.00-47.00. 31
64-85 48.00-53.00.
US 2-3 20 26 45.00. 67 37-39
35.00- 77 40-49 35.00-41.00. 11
56-60 33.00-38.00.
SLAUGHTER 75 23-38 70.00-92.00.
Greencastle
Feeder Pigs
Saturday, May 27, 1989
975 HEAD. LIGHT PIGS 15.00-20.00
HIGHER, OTHER WEIGHTS PRICES
STEADY WITH LAST SALE.
798- GRADE 1 & 2: 27 HEAD 20-29
LBS. 78.00-99.00; 102 HEAD 30-39 LBS.
61.00- 145 HEAD 40-49 LBS.
56.00- 312 HEAD 50-59 LBS.
64.00- 131 HEAD 60-69 LBS.
58.00- 81 HEAD 70-UP LBS.
56.00-
134 HEAD-GRADE 2:31 HEAD 20-29
LBS. 74.00-85.00; 36 HEAD 30-39 LBS.
43.00- (SMALL LOTS); 32 HEAD
40-49 LBS. 40.00-50.00; 22 HEAD 50-59
LBS. 41.00-61.00; 13 HEAD 77 LBS.
44.00.
16 HEAD- BOARS 39.00-41.00.
UTILITY AND AS IS 31.00-37.00.
NEXT FEEDER PIG SALE AT
GREENCASTLE LIVESTOCK AUC
TION WOX BE HELD SATURDAY,
JUNE 24, 1989.
PIGS GRADED AND WEIGHED ON
ARRIVAL.
PIGS
STATE GRADED SALE
FRI., JUNE 9
1:30 P.M.
Carlisle
LIVESTOCK MARKET, INC.
Now holding two
•ach month ovoiy 2nd A
4th Friday*-
Exit 12 Off 141
(717) 34M511 or
Ewnlngs Jim, 240-2351
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 telling
Graded Feeder Cattle Sale
Fri„ June 9 at 11:00 A.M.
Walter M. Dnnlap and Sons
Laneaitar fttookvMittc
Yet {7l7} 397-8136
An Old Urii Cwntnlsalbn Firm Keeping Abreast
With The Timet
.LI '* 't . . . --T A > .
State Graded
Feeder Pig Sale
at Carlisle Livestock Auction
Friday, May 26, 1989
RESULTS ON 1,464 PIGS. TREND:
GRADES 1 A 2 WERE MOSTLY
3.00- HIGHER; GRADES 2 AND 2
AND 3 WERE 10.00-25.00 LOWER. ALL
PIGS WERE WEIGHED ON ARRIVAL
AND SOLD BY THE
HUNDREDWEIGHT.
US NO. I&2’S 453 HD. 27 HD. 37-39
LBS. 83.50-84.00; 167 HD. 40-49 LBS.
75.50-85.50; 14 HD. 40 LBS. 71.00; 202
HD. 51-59 LBS. 68.50-77.50; 43 HD. 69-73
LBS. 60.00-65.00.
US NO. 2’S 704 HD. 207 HD. 29-39
LBS. 40.00-47.00; 27 HD. WITH TAILS
34-38 LBS. 39.00-41.00; 204 HD. 40-49
LBS. 38.00-62.50; 266 HD. 51-80 LBS.
37.00-
US NO. 2&3’S 89 HD. 38-57 LBS.
SMALL LOTS 46.00-57.00.
US NO. 2 AND 3: 266 HD 25-60 LBS.
30.00-
UTILITIES: 22 HEAD 25-39 LBS.
15.00-
AS IS: 19 HEAD 35-80 LBS.
25.00-
1125
1344
636
NEXT STATE GRADED SALE FRI.,
JUNE 9,.1:30 P.M. GRADING 7:30-11:30
A.M.
Indianapolis Hogs
Thursday, June 1,1989
HOGS: 300 -(CURRENTLY 200
SHORT) - BARROWS A GILTS MOD
ERATELY ACTIVE. A FEW UNDER
TONE IN A LIGHT TEST.
US 1-3 225-245 LB. 46.25; US 2-4 285
LB. 43.00.
SOWS: MODERATELY ACTIVE.
NOT WELL TESTED. (14%).
US 1-3 400-500 LB. 3100-34.00.
BOARS: OVER 400 LB. 32.00.
Peoria Hogs
Thursday, June 1,1989
IIOGS: 1800 • BARROWS * GILTS
ACTIVE, MOSTLY .50 HIGHER.
- US 1-3 220-250 LB. 46.00-46.50, 40
HEAD 46.75.
US 2-3 240-260 LB. 45.50-46:00,
260-280 LB. 44.00-4S.Sa
SOWS: STEADY-. 50 HIGHER. (17%)
US 1-2325-400 LB. 35.00,400-500 LB.
35.50, 500-650 LB. 34.50-35.00.
BOARS: OVER 350 LB. 35.50;
UNDER 350 LB. 34.50-35.00.
St. Louis Hogs
Thursday, June 1,1989
3000 - BARROWS A GILTS ACTIVE.
.25 HIGHER.
US 1-3 230-260 LB. 46.00-46.25, 330
HEAD 46.35, 200-230 LB. SCARCE.
US 2-3 250-270 LB. 45.75-46.00;
270-300 LB. 43.25-45.25.
SOWS; 300-500 LB. STEADY; OVER
500 LB. STEADY-2.00 LOWER, FULL
DECLINE ON WEIGHTS OVER 650 LB.
(AROUND 5%).
US 1-3 300-500 LB. 34.00-35.00;
OVER 500 LB. 33.00-35.50.
BOARS: OVER 300 LB. 35.50;
UNDER 300 LB. 33.50-34.50.
GRAIN, CATTLE AND HOG
FUTURES MARKETS
CORN
FRI. MON. TUBS. WED. THUR.
JUL 264/.
SEPT. 246/.
DEC. 240/.
MR.9O 248
MAY 2SI
JUL. 251/.
SOYBEANS
FRI.
MON. TUES.
JUL. 711 C
AUG. 691/. L I
SEP. 662/. O I
NOV. 646/. S «
JAN. 654/. E I
MAR. 663/. D l
MAY 671
CHICAGO CATTLE
FRI. MON. TUES.
JUNE 68.7? C 68.70 68.90 69.05
AUG. 66.37 L 66.65 66.95 67.52
OCT. 68.67 O 68.80 69.02 69.80
DEC. 70.27 S 70.00 69.95 70.65
FEB. 90 70.85 E 70.40 70.02 70.75
JUNE 47.60 C 47.27
JUL. 47.15 L 46.55
AUG. 45.07 O 44.30
OCT. 42.02 S 41.12
DEC. 44.52 E 43.57
FEB. 90 46.00 D 45.35
FUTURES MARKET TREND,.
GRAIN AND LIVESTOCK
Acres Corn Update: com
futures prices closed mixed today, gaining
1/4 cent on the December option by the
other months dosed from unchanged to
1-1/4 lower. Opening support was furn
ished by ideas that the pit had become
oversold with the latest 30 to 90 day weath
er information limiting gains. Further sup
port was attributed to higher than expected
export inspections along with ideas that
India was in the market for 119,000 metric
tonnes of U.S. com. Selling this afternoon
was attributed to slack export demand with
July losing 1 cent at $2.60-3/4 while Sep
tember lost 1-1/4 cent at $2.39-1/2.
Acres Soybean Update: soy
bean futures today closed from 1/4 cent
higher on the March option to 4 cents low
er on the November. Prices were higher on
the opening with buying attributed to ideas
that oversold conditions had been reached
with further support stemming from slack
country movement and reports of a dock
worker strike in Argentina. Selling pres
sure was in response to the latest weather
reports calling for increased rainfall proba
DAIRY
Milk Production Challenge. A 26
Perry .Co. DHIA
Cumberland Co. DHIA.
Potter Co. DHIA D 24
Berks Co. DHIA D2B
Tioga Co. DHIA D 29
Chester Co. DHIA D3l
Franklin Co. DHIA D 34
York Co. DHIA El 4
Huntingdon Co. DHIA ElB
Milk Market News..
DEPARTMENTS
Editorial
Farm Calendar...
Farm Forum AlO
Classified Ads 822
Business News D 6
Mailbox, Markets E 27
Sale Reports ; E 35
Public Auction Register E 36
(Daily dosing bids: Friday, May 26 through Thursday, June 1)
260
24014
237
24414
247/.
248/.
260/.
239/.
235/.
243
246
247
261/.
240/.
235
243
24614
24714
WED.
THUR.
714
685/.
648/.
628/.
638
645/.
651
717
688/.
650/.
632/.
640/.
645/.
652
708
68414
653
635
645/.
65314
659
WED.
THUR.
TMt market kdsrmaUsn pmyldad b> ACRES ACRES Is a ramMslitad
market kdarmatian aanto SinlspsS Sr Ike Aiasrlcsii Farm Buraau and
avaSskla la Faimaflvaida larmsra an a dad* kaaia through Fomfhronla
Farmara' Association Farm Monagamont Sarvtcaa. Far aadßianal markat
eammanta and tradlnt aarvica contact FFA Commodßr Futures Sarvica.
(717)711-2740
bibty during die next 30 to 90 dayi and
report* of lower values in the Brazilian
market. November touched its contract low
of $6.28 near (he close and settled for the
day at $6.28-1/2.
Acres Wheat Update: wheat
futures dropped another 1-3/4 to S-l/4
cents today as a combination of factors
exerted selling pressure. July which
dropped 3-1/2 cents and September, losing
S-l/4 cents, were subjected to the begin
nings of harvest pressure coupled with a
lack of fresh near term export demand. The
USDA announced after die close a tale to
China of 100,000 metric tonnes of hard red
wheat Some support came from ideas the
market had become oversold but forecasts
. for normal rain kept buyers to the sideline*.
July settled today at $3.87-1/2 after trading
in a range from $3.86-1/4 to $3.92-1/2.
Acres Cattle Update: Live
cattle futures settled higher in the front
three months while the back months slid
lower. Front month support was attributed
to ideas the market had already absorbed
in this issue
Five Sections
Dl3
D 22
~E 27
AlO
AlO
Lancaster Farming, Saturday, June 3,1989-A3
WHEAT
FRI. MON. TUES. WED. TEH
JUL. 393/. C
SEP. 400 L
DEC. 413/. O
MR.9O 418/. S
MAY 90 405 E
SOYBEAN MEAL
FRI. MON.
JUL. 209.60 C
AUG. 205.40 L
SEP. 199.20 O
OCT. 193.00 S
DEC. 190.60 E
JAN. 189.50 D
MAR. 90 188.70
CHICAGO HOGS
FRI. MON.
all bearish fundamental new> and was due
for an “up" day. Gains were pared by
reports of sluggish fed sales today at lowe'
pnces with quotes in the Texas Panhandle
for top steers at $72.50. Losses were held
in check by the steep discounts futures hold
to cash. Today’s live cattle settlements
ranged from 30 higher on the August
option to 38 lower on the February while
feeders settled from 10 lower to S higher.
Selling was attributed to reports of lower
cash prices for replacement cattle this
week along with a slight dip in the latest
cash index quotation. CME FEEDER
CATTLE SETTLEMENT PRICE -
5/29/89 - $76.99 dn $ .07 ACRES NEXT
DAY OUTLOOK: CASE - steady to weak
FUTURES - steady lo mixed
Acres Hog Update: Live hog
futures reversed today snd settled from
unchanged on the April to 65 higher on the
July. Buying late in the session was gener
ated by expectations for reduced supplies
and higher cash prices. Some end of the
month short-covering was featured with
HOME AND YOUTH
Homestead Notes
Home On The Range B 6
Cook’s Question Comer B 8
Kid’s Komer
Farm Women Societies 821
COLUMNS
Now is the Time AlO
Farm Management A 24
On Being A Farm Wife B 5
Have You Heard....
Microwave Minutes
Ida’s Notebook
Beef Briefs
Foraging Around
FEATURES
Franklin Dairyman Sings ....A3O
Guernsey Queen
Floral Designs ,
Junge Farms.,
Morrison’s Cove Farm
Eaton Dairy
Ryman Farm E2O
Columbia Co. Largest HerdE24
388%
395%
408'/.
414%
403%
387%
39314
406%
413’/.
403%
391
398/.
409/.
415
404
WED.
TUES.
THUR.
211.10
205.60
199.00
192.50
190.20
190 00
188 00
211.10 210.80
205.60 204.70
197.70 197.70
189.20 190.00
187.00 187.30
186.00 186.00
185.00 185.50
TUBS. WED. THUR.
48.32
47.17
44.95
41.82
44.17
45.77
47.92
46.97
44.52
41.37
43.72
45.42
(Turn to Pag* Al 6)
B 2
810
~..812
~..819
~..820
...D 2
... Dl4
A 35
814
..C 2
E 2
ElO