National
Grain Market
St. Joseph, Mo.
Wednesday, September 2,1992
USDA DAILY NATIONAL GRAIN
SUMMARY EXPORT PICTURE
BRIGHTENED UP AND PRICES FOR
WHEAT AND BEANS HIGHER;
OPTIMISM FOR WHEAT SPILLED
OVER INTO CORN PITS BUT CASH
PRICE LOWER AS PRIVATE SOUR
CES EXPECT TO INCREASE PRODUC
TION FIGURES. WHEAT 6 TO 18
CENTS HIGHER. CORN STEADY TO 6
CENTS LOWER. SORGHUM 2 TO 5
CENTS HIGHER. SOYBEANS 1 TO 5
CENTS HIGHER. USDA ANNOUNCED
A MAJOR EEP INCENTIVE PROGRAM
FOR WHEAT WITH OVER 1.1 BIL
LION BUSHELS TARGETED FOR 28
COUNTRIES IN 1993 FISCAL YEAR.
CASH CORN PRICES SUFFERED
SLIGHT LOSSES AS CORN NOT IN
BIG PICTURE FOR EXPORT TARGET
INGS. SOYBEAN PRICES RECEIVED
SOME STRENGTH FROM WHEAT
NEWS BUT REPORTS OF COOLER
WEATHER MOVING INTO MIDWEST
AREAS THIS MONTH PUT CONCERN
BACK INTO TRADERS.
«
■» *
Some people get all the breaks.
Put the breaks on your tax bill. Get your equip
ment with a true tax lease by December 31 and
your payments are 100% tax-deductible as an
operating expense. Plus, with an annual payment
schedule, you can benefit from a large tax write-off
this year and not make a second payment for as
many as 12 full months.
You’ll have several more good reasons to look
forward to a happy new year. You can lock in your
order now and take delivery in 1993. You’ll enjoy
Note Telmark® leases are available throughout the Northeast, Ml, OH, VA, KY, WV, IN, W 1 and IL Minimum lease $5,000 ©1992 Telmark Inc
Delaware
Andrew McLean
Southern DE
410-827-5052
David Lytle
Northern DE
215-255-0569
Maryland Pennsylvania
Andrew McLean Lisa Francisco David Lytle Fred Dixon Scott Weissman
Eastern MD Northeastern PA Southeastern PA Northwestern PA South Central, PA
410-827-5052 201-579-3835 215-255-0569 814-763-1118 301-696-1646
EXPORT NEWS: WEST AND CEN
TRAL AFRICAN NATIONS BOUGHT
15,000 TONNES HARD RED SPRING
WHEAT, UNDER EEP, FOR NOVEM
BER. SUB-SAHARAN AFRICAN
NATIONS BOUGHT 10,500 TONNES
WHEAT FLOUR. UNDER EEP, FOR
SEP/OCT SHIPMENT. VENEZUELA
BOUGHT 3,000 TONNES SOFT RED
WINTER WHEAT. UNDER EEP FOR
SEPTEMBER.
DATE CHANGE YEAR AGO 09/02/92
09/01/92 09/05/91 WHEAT: KANSAS
CITY 3.42-3.44 UP 7 3.20-3.22 MINNEA
POLIS TRUCK BID 3.64 UP 6 3/4 3.24
1/4-3.26 1/4 PORTLAND 4.27-4.31 UP
17-18 3.65-3.66 ST. LOUIS 3.26-3.29 UP
6-8 2.88-2.91.
CORN. U.S. NO. 2 YELLOW: KAN
SAS CITY 2.26-2.28 NC 2.53-2.56 MIN
NEAPOLIS 2.12 1/4 DN 6 3/4 2.38 3/4
SO. lOWA 2.21-2.28 DN 4-1 2.46-2.49
1/2 OMAHA 2.11-2.14 DN 2-NC
2.37-Z4l.
SOYBEANS, NO. 1 YELLOW: KAN
SAS CITY 5.49-5.52 UP 1-2 5.86-5.88
MINNEAPOLIS 5.43 3/4 DN 6 1/2 5.70
SO. lOWA 5.51-5.61 UP 5 5.74-5.79 1/2
C. ILL. PROCESSORS 5.63 3/4-5.70 3/4
New Jersey
David Lytle
Southern NJ
215-255-0569
Lisa Francisco
Northern NJ
201-579-3835
RED WINTER WHEAT, ORDINARY
PROTEIN, MINNEAPOLIS, US NO. 1
DARK NORTHERN SPRING WHEAT.
14% PROTEIN. PORTLAND, NO. 1
SOFT WHITE WHEAT. ST. LOUIS, NO.
2 SOFT RED WINTER WHEAT.
FUTURES CLOSE: KANSAS CITY
(SEPT) WHEAT 3.38 1/4 UP 7 1/4 3.20
DEC MINNEAPOLIS (SEPT) WHEAT
3.38 1/4 UP 8 1/2 3.03 1/4 DEC CHICA
GO (SEPT) WHEAT 3.44 1/2 UP 6 3/4
3.23 1/2 DEC (DEC) CORN 2.21 UP 1
2.52 3/4 (NOV) SOYBEANS 5.48 3/4 UP
3 1/2 5.86.
EXPORT: BARGE OR RAIL, PORT
OF NEW ORLEANS OR NORTH TEX
AS GULF. NO. 1 HARD RED WINTER
WHEAT ORDINARY PROTEIN 3.77
1/4-3.78 1/4 UP 8 1/4 3.55 NO. 2 SOFT
RED WINTER WHEAT 3.53 1/2-3.54 1/2
UP 6 3/4-6 1/2 3.64-3.66 NO. 2 YELLOW
CORN 2.50 1/2-2.53 NC 2.79-2.80 NO. 2
YELLOW SORGHUM RAIL 4.30 UP 5
BARGE 4.32 UP 2 4.87-4.91 NO. 2 YEL
LOW SOYBEANS 5.89-5.90 UP 4
6.13-6.15.
Fixed competitive payments
Flexible payment schedules
fixed, competitive payments and can choose a pay
ment schedule that allows you to skip payments
in the months or season of lowest income. You
also can get whatever you want right now without
jeopardizing your ability to fully depreciate other
assets bought earlier in the year.
Find out how lease financing can help you
get all the year-end breaks you deserve. Contact
your local Telmark representative today, or call
315-449-7964.
Mike Fullam
Central PA
717-966-9202
Ken Darlington Larr y Douthlt
Southeastern PA North Central PA
717-541-0558 716-925-8262
UP 3 1/2-DN 1 1/2 5.88*3.91.
•KANSAS CITY, US NO. 1 HARD
Year-end tax planning
100% deductibility
•>
%
Telmark Inc.
Irene Benner
Northeatern PA
717-675-2025
Leesport
Livestock Auction
Lccaport, Pa.
Wednesday, September 2, 1992
Report Supplied by PDA
CATTLE 178..(PDA).. Supply included
64 il. iteen end >L heifers, 17 feeder cattle
..Compered with last Wednesday's market;
SI. cows weak to 1.00 lower, si. cows
unevenly steady 1.25 lower to 1.00 higher.
STEERS: Low to Average Choice
1050/1300 lbs. 69.00-74.00, Select
64.75- HOLSTEINS: Choice
65.00- Select 60.00-64.25, few Stan
dard 55.50-59.00. HEIFERS: Few Choice
66.75- few Select 61.25-64.50.
COWS; Breaking Utility and Commercial
47.00- couple 52.50, Cutter and
Boning Utility 47.75-51.25, couple to
54.50, Carmer & low Cutter 42.50-47.50.
Shells down to 37.00. BULLOCKS: One
Choice 68.25, few Select 62.50-63.00.
BULLS: Few Yield Grade No. 1,
1250/1750 lbs. 54.00-61.25. FEEDER
CATTLE: Few Medium Frame No. 1
340/525 lbs. steers and bulls 78.00-96.00,
few Medium Frame No. 1 300/700 lbs.
* 1r
Patrick Rush
Southwestern PA
412-948-3553
Paul Shipper
West Central, PA
412-349-5371
Lancaster Firming, Saturday, September 5, 1992-A5
heifdft 60.00-82.00.
CALVES 194...VEALERS: Few Choice
86.00- few Good 82.00-90.00.
CALVES: Standard and Good 70/95 lbs.
55.00- Utility 50/80 lbs.
45.00- RETURNED TO FARM:
No. 1. Holstein Bulls 85/130 lbs.
95.00- No. 2 80/125 lbs.
65.00- No. 1 Holstein heifers 80/125
lbs. 140.00-172.50, few down 80.00. Few
Beef cross 70/110 lbs. bulls and heifers
100.00-
HOGS 211... BARROWS & GILTS:
about steady. BARROWS AND GILTS:
US No. 1-2 230/255 lbs. 41.50-43.50.1-3
225*260 lbs. 39.50-41.50,2-3 260/275 lbs.
38.60-39.60, lot 307 lbs. 34.10. SOWS:
2.00 lower. US No. 1-3 400/700 lbs.
28.75-32.50. BOARS: Few 29.00-32.00.
FEEDER PIGS 211...L01US No. 1-320
lbs. 92.50, 25/70 lbs. 65.00-76.00, lot
80.00,10/18 lbs. 7.00-14.00. per head.
SHEEP 90... SPRING SLAUGHTER
LAMBS: Good and Choice 70/110 lbs.
51.00-65.00. Good and Choice 35/55 lbs.
72.50-90.00, couple 110.00. SLAUGH
TER EWES: 19.00-38.00. couple 48.00. -
all Cwt.
GOATS 17... Few Large 47.50-92,50,
few Medium 40.00-SS.OO, few Small Kids
25.00-37.00. all per head.
HOLSTEIN HEIFER CALVES TO
177.50.
VEAL CALVES 67.50-88.00.
VEALER BULL CALVES TO 160.00.
SLAUGHTER CALVES 45.00-63.00.
GRASSERS & FEEDERS 59.50-90.00.
LAMBS 48.00-70.00.
SHEEP 21.00-38.00.
HOGS 200-250 LBS. 39.50-45.00.
SOWS 32.00-35.00.
BOARS TO 23.00.
pigs i s.oo-21 .oa
HEIFERS 55.00-58.00.
FEEDER STEERS 70.50-75.00.
BULLS 47.75-59.00.
GOOD COWS 48.50-52.00.
COWS MEDIUM 40.00-48.00.
COWS POOR OR SMALL 2100-36.00.
HORSES 370.00-480.00.
GOATS: 17.50-62.50.
CATTLE MARKET STRONG; CALF
MARKET SOME EASIER; STILL A
GOOD STRONG COW MARKET.
Dewart Hay
Dewart, PA.
Monday, Aug. 31, 1992
Report Supplied by Auction
7 LOADS HAY, 61.00-81.00.
STRAW: 3 LOADS. 50.00-5100.
CORN: 8 LOADS, 75.00-8100.
Valley Stockyards
Athens, Pa.
Monday, Aug. 31, 1992
Report supplied by auction