Lancaster farming. (Lancaster, Pa., etc.) 1955-current, August 26, 1989, Image 3

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    r Hog
f&fDr Markets
Lancaster Hogs
Lancaster Stockyards
Sat, Aug. 19, 1989
Report supplied by auction
780 HEAD.
US 1-2 215-245 LBS. 48.50-49.50.
US 1 215-245 LBS. 49.00-51.25.
US 1-3 215-250 LBS. 48.75-48.75.
US 2-4 215-255 LBS. 46.75-47.75.
SOWS: ALL WEIGHTS 31.00-35.75.
BOARS; ALL WEIGHTS 30.00-32.00.
New Holland
Feeder Pig
Lancaster, Pa.
Wednesday, August 23, 1989
Feeder Pigs
Todsy 507
Last Wednesday 681
Last Year 1065
TREND: Compared to last Wednesday
feeder pigs firm to 5.00 higher, instances
10.00 higher. All pigs weighed on arrival
and sold by the hundred weight
GRADE HEAD WEIGHT PRICE US
1-2 12 36-39 72.00-74.00. 29 41-43
72.00- 71 43-49 62.00-66.00. 86
50-59 58.00-68.00. 14 61-64 56.00-62.00.
6 71-80 60.00-61.00.
US 2 12 44-47 57.00-60.00. 43 54-57
57.00- 23 74-99 55.00-59.00.
US 2-3 56 40-56 48.00-58.00.
SLAUGHTER 28 19-33 106.00-128.00.
16 37 88.00.
St Louis Cattle, Hogs
August 24, 1989
CATTLE AND CALVES: 425 ( 25
SLTR, 400 FDRS)
RECEIPTS CONSISTS OF FEEDER
CATTLE AND COWS FOR THURS
DAY’S AUCTION.
NO SALES SLAUGHTER CATTLE.
COWS: CUTT, UTIL, COMM BULK
SALES HI-DRESS % LO-DRESS %
BREAKING 2-4 NO SALES
BONING 1-2
LOW TO AVG CUTTER
BULLS: YG 1-2 NO TEST
RECEIPTS THIS WEEK 1,400: WEEK
AGO 1,300; YEAR AGO 1,900
FOR THE WEEK. SLAUGHTER
STEERS AND HEIFERS MOSTLY 1.00,
INSTANCES 1.50 LOWER.
COWS MOSTLY 7.00 LOWER.
BULLS STEADY. SLAUGHTER SUPP
LY CHOICE AND MIXED SELECT
AND CHOICE STEERS AND HEIFERS.
AROUND 10% COWS.
Indianapolis Hogs
Thursday,- Aug. 24, 1989
700 - BARROWS A GILTS MOD
ERATELY ACTIVE. 75-LOO HIGHER.
US 1-3 225-260 LB. 48.25 TO MOST
LY 48.50. 80 HEAD 48.75.
SOWS: MODERATELY ACTIVE.
STEADY-2.00 LOWER. (8%)
US 1-3 450-750 LB. 34.00-38.00.
BOARS: OVER 400 LB. 34.00.
Walter M. Dunlap and Sons offers all cattle feed
ers two marketing Days Give us a call for advice
and marketing conditions.
-v p .'v. , .s
MONDAYS OR WEDNESDAYS
Consign With Us For The Marketing Edge
We are buying feeder pigs
★ ★ ★ Direct off the farm ★ ★ ★
Give us a call whether you are buying or selling
Next Graded Feeder Cattle Sale
Fri., Sept. 1 - 11:00 A.M.
HOLIDAY SCHEDULE
NO HOG SALE SAT., SEPT. 2, CLOSED
BUSINESS AS USUAL MONDAY. SEPT. 4. LABOR DAY
Walter M. Dunlap and Sons
' •. lanomm
Abr#*tt ,
New Holland Hogs
August 21, 1989
TODAY
LAST MONDAY
LAST YEAR
TREND: Compared to last Monday bar
rows and gilts mostly steady, instances 50
lower.
BARROWS AND GILTS: US 1-2
210-250 lb 48.50-50.00.
US 1 Couple lots 220-235 lb 52.00.
US 1-3 215-260 lb 46.50-48.50,
195-210 lb 42.00-44.50.
US 3-4 215-240 lb 43.25-44.00.
Peoria Hogs
Peoria, IL
August 24, 1989
HOGS: 2000 TRADING MODERATE
BARROWS AND GILTS MOSTLY .50
HIGHER. INSTANCES 1.00 HIGHER
COMPARED WITH WEDNESDAY
US 1-3 230-250 LBS 48.00-48.50, 110
HEAD 48.75-49.00 220-230 LBS.
47.00- 210-220 LBS. 43.00-47.00
200-210 LBS. 40.00-43.00 2-3 230-260
LBS. 47.50-48.00 260-280 LBS.
46.00-
SOWS: FIRM TO MOSTLY .50 HIGH
ER 18%
US 1-3 325-500 LBS. 35.50-36.00
500-650 LBS. 37.50-38.00
BOARS: ALL WEIGHTS 36.00
St. Louis Hogs
Thursday, Aug. 24, 1989
HOGS: 2800 - BARROWS A GILTS
ACTIVE. OVER 230 LB. 50 HIGHER,
INSTANCES 75 HIGHER ON 240-270
LB.; UNDER 230 LB. STEADY-1.00
HIGHER.
US 1-3 230-270 LB. 48.00, AROUND
200 HEAD 48.25; 200-230 LB.
43.00-46.00.
US 2-3 260-280 LB. 47.50-48.00;
280-300 LB. 45.50-47.50.
SOWS: UNDER 500 LB. 50-1.50
HIGHER; OVER 500 LB. 1.50-2.00
HIGHER. (AROUND 10%)
US 1-3 300-500 LB. 34.50-36.50. OVER
500 LB. 37.50-40.00.
BOARS: OVER 300 LB. 35.50-36.00;
UNDER 300 LB. 35.00-36.00.
Peoria Hogs
Thursday, Aug. 24, 1989
HOGS: 2000 - BARROWS A GILTS
MODERATE. MOSTLY 50 HIGHER,
INSTANCES 1.00 UP.
US 1-3 230-250 LB. 48.00-48.50, 110
HEAD 48.75-49.00; 220-230 LB.
47.00-48.00; 210-220 LB. 43.00-47.00;
200-210 LB. 40.00-43.00.
US 2-3 230-260 LB. 47.50-48.00;
260-280 LB. 46.00-47.50.
SOWS: FIRM TO MOSTLY 50 HIGH
ER. (18%)
US 1-3 325-500 LB. 35.5036.00;
500650 LB. 37.5038.00.
BOARS: ALL WEIGHTS 36.00.
hi
CORN
SEPT. 234*/.
DEC. 236%
MR.9O 244
MAY 249%
JUL. 251
SEP. 243
SOYBEANS
792
1132
915
SEP.
NOV.
JAN.
MAR.
MAY
JUL.
CHICAGO CATTLE
FRI. MON. TUBS. WED. THUR.
OCT. 75.72 ' 74.97 75.30 75.50 75.12
DEC. 74.27 73.72 74.07 74.37 74.10
FEB. 73.55 73.05 73.12 73.27 73.02
APR. 74.57 74.05 74.15 74.30 74.07
JUNE 72.50 71.96 72.12 72.17 72.05
** FUTURES MARKET TRENDS
GRAIN AND LIVESTOCK
j ■rSTZRVaVmH r This market Information provided by ACRES. ACRES la a copyrighted
I |ul2lli|dHa / market Information aarvlce developed by the American Farm Bureau and
available to Pennaylvanla farmer? on a dally baala through Pennaylvanla
f Farmer*' Association Farm Management Servlcee. For additional market
comments and trading aarvlce contact PFA Commodity Futures Service.
>1 (717) 761-2740
Acres Corn update: com
futures prices reversed today and lost from
2-1/4 to 2-3/4 cents on local selling and
reports of beneficial rainfall last night. This
morning mi pressured by last night’s rain
fall and reports of cash price protection.
Spread trading was active with most inter
est teen in the Dec/September. Blither
pressure was attributed to reports of slack
buying interest. September closed 2-1/4
cents lower at $2.36 after trading in a range
from $2.35-1/2 to $2.39.
Acres Soybean Update: soy
bean futures prices lost steam today and
ended the session from unchanged to 6
cents lower. Initial pressure this morning
was exerted by reports of beneficial over
night rainfall and scattered price protec
tion. A rally midday was initiated by locals
COLUMNS
Now is the Time AlO
Ida’s Notebook A 25
Farm Management A 33
On Being A Farm Wife B 4
Microwave Minutes B 5
Have You Heard B 7
Pork Prose D 2
DEPARTMENTS
Editorial
Farm Calendar
Farm Forum
Classified Ads
Business News
Mailbox Markets...
Sale Reports
Public Auction Register D 34
HOME AND YOUTH
Homestead Notes..
Home On The Range B 6
Cook’s Question Comer B 8
Kid’s Komer 810
4-H Happenings D 22
FFA Happenings 821.D19
GRAIN, CATTLE AND HOG
FUTURES MARKETS
(Dally doting bids Friday, Aug. IS through Thunday, Aug. 24)
FRI. MON. TUBS. WED. THUR.
234%
236%
243%
249%
250%
243
238%
240
247%
253%
254%
245
TUBS. WED.
MON,
FRI.
584 594 603 598 595%
577% 588% 596 591% 589%
586% 597% 605 601% 599%
598% 606 614% 610% 609
605% 614% 622% 617% 617
609% 618 626 621% 622
in this issue
... AlO
~..AlO
....AlO
BI6
.... D 6
.... D 23
.... D3l
~..B 2
Lancaalar Farming, Saturday, August 26,1988-A3
WHEAT
236
237%
245
250%
252
245%
234%
235%
242%
248%
249%
242%
SEPT.
DEC.
MAR.
MAY
JUL.
SOYBEAN MEAL
THUR.
SEP. 190.10 193.70 194.10 193.60
OCT. 182.40 186.00 187.40 187.40
DEC. 181.30 184.90 186.30 186.40
JAN. 181.20 184.50 186.50 186.50
MAR. 182.50 185.40 187.10 186.80
MAY 183.50 186.50 188.50 187.50
CHICAGO HOGS
OCT. 41.05 40.67 40.65 41.47 41.62
DEC. 42.27 41V75 41.80 42.47 42.62
FEB. 43.02 42.75 42.95 43.42 43.60
APR. 40.82 40.77 41.02 41.07 41.02
JUN. 45.32 45.32 45.30 45.30 45.55
JUL. 45.80 45.80 45.75 45.92 46.10
and professionals and helped to boost the
November to $5.99-1/2. When outside
buying interest faded at these levels, prices
lost ground on long liquidation. Further
pressure was attributed to spillover from
slumping com prices. November settled
4-1/2 cents lower this afternoon at
$5.91-1/2 after trading in a range from
$5.90 to $5.99-1/2.
Acres Wheat Update: wheat
futures settled mixed this afternoon with
the front two options gaining 1 and 1-1/4
'bents while the defetreds dropped from
1-3/4 cents to 2-1/2 cents. This was another
day of narrow range trading with the near
by s lifted late in the day by last minute
cosnmercial buying. This came on ideas
that a tender was forthcoming from Egypt
for 400,000 metric tonnes. Further support
Four Sections
DAIRY
Kutztown Colored Breeds... A2O
Kutztown Holstein
Coudersport Dairy Show A 27
E-town Dairy Show
Tioga Co. DHIA C 2
Schuylkill Dairy Show D 8
Susquehanna 4-H Dairy DIO
Berks Holstein Club Dl4
Cumberland DHIA Dl6
Cumberland Dairy,
Adams Co. DHIA...
FRI. MON. TUBS. WED. THUR,
392%
407%
414%
401%
368%
390%
405
411
400%
368%
FRI. MON.
FRI. MON.
was linked to cash market firmness. Spread
trading was a featured item today with the
Dec/Sep active. September settled today at
$3.91-3/4 after trading in a range from
53.90 to $3.93-1/2.
Acres Cattle Update: uve
cattle and feeders closed higher this after
noon after another slow session. Buying
was linked to a continued fiim tone in the
cash markets and by light commodity fund
short-covering. Aggressive pro selling this
morning pressured and kept futures locked
in a narrow range. Light buy-stops were
triggered above yesterday’s highs with fed
sales light to moderate today with prices
fairly stable. Some support came frim ideas
that retail beef demand would be on the
rite with projections for increase move
(Turn to Pag* A 11)
FEATURES
Potter Co. Fair A 27
Zimbabwe Farmers A3O
Lancaster 4-H Banquet A 34
Melon Carving..
Trial Gardens
State 4-H Fashion Revue
Winners
Portcrsvillc Steam Engine
Show
Ag Progress lee Cream
Contest 814
Schuylkill 4-H Livestock.... D 2
Chester Co. 4-H Lamb
Show
Dauphin Fair
393 V.
407
412
400
367 V.
391 V.
406 V.
409
398
367 V.
390%
405%
410%
400%
368%
THUR.
TUBS. WED.
193.50
186.50
185.60
185.50
185.80
187.50
TUES. WED. THUR,
A 26
A3B
DlB
... D2l
,B 2
B 2
~812
813
...D 9
... D2O