(Continued from Pago A3)' the front two options gaining 1-1/4 to 2-1/4 cents while the deferreds dropped from 1-1/4 to 3 cents. Trading throughout the day was choppy with pressure and support linked to' conflicting weather information. Highs came on forecasts that the rain moving into lowa would be 1e5.“!95 expected with selling late in the session on the deferreds coming in response to the latest 6 to 10 day forecast calling for normal grow ing conditions next week. Ideas that the high pressure ridge would redevelop kept sellers on the side line. November settled 3-1/4 low er today at $6.56-1/2 after trading in a range from $6.55 to $6.66. OUR REPS ARE' SPECIALISTS IN YOUR FIELD. Field work to a TELMARK® sales manager means just This program, provided exclusively by TELMARK, is that. Our representatives conduct business where you dedicated to agriculture and agribusiness. It allows conduct business. On the farms. In the fields. At the our reps to speak with confidence. Drawn from their sites. They’re local people with ag backgrounds. Which own experience and over 20 years of agribusiness means they understand your business and speak your experience from TELMARK. For complete details about language. Most of all, they recognize how a lease our AGRI-LEASE program, contact your dealer, local through our AGRI-LEASE® program can help your TELMARK representative, or call us at 315-449-7964. business grow. The Flexible Financing Alternative SM Note Telmark leases are npw available throughout the Northeast, Ml, OH, VA, KY and WV Minimum lease 95,000 Ken Darlington Mike Fuliam Judy Ligo 717-243-0005 717-066-0202 814-786-7420 (Southeastern PA) (Central PA) (Northwestern PA) Lisa Francisco 215-707-3477 (Eastern PA a _ Northern NJ) ACRES WHEAT UPDATE: Wheat futures prices closed out today’s session higher from 1-1/4 to 3-1/2 cents on buying tied to announcements from the Oval Office that a Grain Embargo .was nearly out of the question. Further support was tied to news that the crop in Kansas was producing var iable quality and confirmed expectations for a reduced yield due to the Secretary Yeutter reiterated President Bush’s announcement of further economic sanctions against China would not eliminate nor disrupt current grain trade, with that coun try. This sparked a small rally which jumped the July option to a high of $4.01-1/2. Today’s settle ment at $3.99-1/4 was a gain of 3-1/2 cents from yesterday’s close. ACRES CATTLE UPDATE; Live and feeder cattle futures con tinued to weaken with closes today from 20 to 60 lower on the live cattle. Pressure today was attributed to heavy cash selling Doug Snee 412-627-8941 (Southwtt PA) Charlotte Zebley 717-836-1366 (Northautarn PA) linked to concerns over sluggish boxed beef movement. Further pressure was in response to expec tations for lower cut-out values by the end of the week. Underlying support was provided by the futures discount to cash and reports of higher fed cattle prices,. Feeders closed mosdy lower on continued selling tied to profit taking after recent sharp gains coupled with the hesitance to establish new long positions at current levels. CME FEEDER CATTLE SET TLEMENT PRICE - 6/19/89-$80.35 up $ .34. ACRES NEXT DAY OUT LOOK: CASH - steady to higher FUTURES - steady to lower. ACRES HOG UPDATE: Hog futures prices were mixed again today with settlements ranging from 17 higher to 12 lower. Early gains evaporated on ideas of increased marketings by the end of the week. Further pressure was in response to ideas that market ings were almost complete now TEIMARK INC. PO Box 4943. Synaitt. NY 13221 Lavan Dauberman 301-648-5905 (Southern NJ) Dana Goff 301-834-8323 (Waatarn HD) for the upcoming Independence Day holiday. August gained 12 points on the unwinding of July/ August spreads which were put in place early week. Bellies closed 60 to 98 lower on selling tied to a break in fresh belly prices midday. Further pressure was tied long liq uidation’ in advance of Friday’s USDA Cold Storage report which is expected to show supplies in excess of 145 million pounds. New Holland Dairy New Holland Sales Stables Wednesday, June 21, 1989 ‘Report supplied by auction REPORTED RECEIPTS OF 85 COWS, 37 HEIFERS, AND 9 BULLS. MARKET STEADY. PERRY CO. FRESH COWS. 900.00- PA FRESH COWS. 840.00-1275.00. PA FRESH COWS. 1000.00-1290. HERD OF 41 HEAD. ALL STAGE COWS. 690.00-1320.00.. LOCAL SPRINGING HEIFERS, 835.00- SHORTBREDS, 675.00-875.00. OPEN, 480.00-590.00. Andrew McLean 301-643-8036 (Delaware and Eaatarn Shore MD) Lancaster Farming, Saturday, June 24,1989-Al5 BULLS, 540.00-960.00. LOCAL COWS. 560.00-1060.00. Friend’s Stockyard, Inc. Accident, Md. 21520 June 19, 1989 STOCK BULLS & STEERS (200 TO 400 LBS.) 78.00-92.50. STOCK HEIFERS; 62.00-83.00. SLAUGHTER STEERS: GOOD TO CHOICE 70.00-76.00; MEDIUM TO GOOD 63.00-69.50. HOLSTEIN STEERS: HEAVY 60.00- LIGHT 52.00-61.00. SLAUGHTER HEIFERS: GOOD TO CHOICE 66.00-71.50; MEDIUM TO GOOD 60.00-65.50. BULLS: HEAVY 55.00-65.25; LIGHT 52.00- COWS: FEW HIGH DRESSING UP TO 55.00; UTILITY HOLSTEIN 45.00-53.00; CANNERS 41.50-49.00; COMMERCIAL TO GOOD 44.00-48.75; CULL COWS 40.00 AND DOWN. VEALS: GOOD TO CHOICE 90.00- 17.00, MEDIUM TO GOOD 80.00- , 808 CALVES: 65.00-84.00. HOLSTEIN BULL CALVES: RETURN TO FARM 100-120 LB. 120.00- HOLSTEIN HEIFER CALVES: RETURN TO FARM 100-120 LB. 85.00- HOGS; TOP QUALITY 46.75-49.25; HEAVY 45.50-47.00; LIGHT 38.00- SOWS: 29.00-33.00. MALE HOGS: 26.00-32.00. LAMBS: 58.00-65.00; FEEDER LAMBS: NONE AVAILABLE. SHEEP: 18.00-26.00. EGGS: (PER DOZEN) LARGE .70-.86; MEDIUM .60; SMALL .51. Muzzy'S MWKE