National Grain Market St Joseph, Mo. Wednesday, March 2, 1994 DAILY NATIONAL GRAIN SUMMARY WHEAT PRICES TURNED STRONGER. WEDNESDAY, BOOSTED BY IMPROVED EXPORT DEMAND AND IDEAS WHEAT IS CONSIDERED OVERSOLD. CORN AND SOYBEAN PRICES FELL SLIGHTLY PRESSURED BY INCREASED TRADE TENSIONS BETWEEN JAPAN AND THE U.S. AND LACK OF FRESH EXPORT NEWS. WHEAT 2 TO 6 CENTS HIGHER. CORN 3 TO 5 CENTS LOWER. SOR- GHUM 3 TO 7 CENTS LOWER. SOYBEANS 1 TO 4 CENTS LOWER. EXPORT WHEAT SALES HAVE BEEN SLOW ALL WEEK BUT SOME INTERESTS TODAY FIRMED PRICES. DRY CONDITIONS REMAIN IN WEST PLAINS WHEAT AREAS ALSO SUPPORTED PRICES. TRADERS BELIEVE WHEAT MARK ETS ARE REACHING THE OVERSOLD LEVEL. WEAKER CORN AND BEAN PRICES DUE TO LACK OF EXPORT DEMAND AND A SHARP DROP IN THE U.S. STOCK MARKET TODAY. TENSIONS BETWEEN U.S. AND JAPAN DUE TO THREATS OF U.S. TRADE SANCTIONS AGAINS JAPAN, PRESSURED PRICES. THIS COULD SEVERLY HURT EXPORT SALES TO ONE OF THE MOST RELIABLE U.S. GRAIN CUSTOMERS. SOYBEAN PRICES WERE ALSO EFFECTED BY DRIER WEATHER FORECAST FOR NORTHERN BRAZIL OVER THE NEXT WEEK ALLOWING HARVEST TO RESUME. EXPORT NEWS USDA ACCEPTED ONE BID TO SELL 39,800 TONNES HARD RED WINTER WHEAT TO THE FORMER USSR UNDER EEP FOR APRIL SHIPMENT. USDA ACCEPTED BIDS TO SELL 44,500 TONNES HARD RED WINTER WHEAT TO SUB SAHARAN AFRICA UNDER EEP FOR MAR/APR. USDA ACCEPTED BIDS TO SELL 980 TONNES SUNOIL TO MEX ICO UNDER THE SUNFLOWER- SEED OIL ASSISTANCE PROGRAM FOR APR/MAY SHIPMENT. THE USDA SIGNED A PL4BO AGREEMENT WITH BUYING ANGUS? Bulls? Cows? Heifers? Call Bill Powell Regional Mgr, American Angus Association He’ll give you professional counsel and help i —no cost, no obligation He understands you r needs, and he's ready and willing to help Contact him today' Call 301/271-2767 Diffenbach V-/ Auction Inc. 100 West Jackson Street • Box 186 • New Holland, Pennsylvania 17SS7 Office: (717) 355-7253 • FAX: (717) 355-9547 HAY & GRAIN SALE EVERY MONDAY ■ 10:00 A.M. MON. MAR. 7 WHOLESALE FURNITURE MAR. 11 FARM EQUIP. TRACTORS. A SUPPLIES 9:00 A.M, TUE. MAR. 29 QUILT. CRAFT. & BUGGIES WED. MAR. 30 QUILT & CRAFT' EQUIPPED FOR AN AUCTION AT YOUR PLACE OR OURS BOYDELL FARMS 302 lona Road, Lebanon, PA 17042 Phone: 717-272-8943 WHOLESALE & RETAIL LITHUANIA FOR THE SALE OF APPROXIMATELY 35,000 TONNES SOYMEAL IN FISCAL YEAR 1994. DATE CHANGE YEAR AGO TRUCK BIDS; 03/02/94 03/01/94 03/03/93 WHEAT: KANSAS CITY 3.65-3.66 UP 5-4 3.63-3.64 MINNEAPOLIS 4.72 1/2 UP 6 1/2 3.84 3/4 PORTLAND 3.47-3.48 UP 2-NC 3.85-3.89 ST. LOUIS 3.36-3.39 DN 1 3.91-3.94. CORN, U.S. NO. 2 YELLOW: KAN SAS CITY 2.89-2.90 DN 3-4 2.19-2.21 MINNEAPOLIS 2.75 UP 1/4 2.03 1/2 SO. lOWA 2.88-2.89 DN 3 2.16-2.21 OMAHA 2.76 DN 3-5 2.06-2.07. SOYBEANS, NO. 1 YELLOW: KAN SAS CITY 6.90-6.92 DN I 5.77-5.79 MINNEAPOLIS 6.64 1/4 DN 3 1/4 5.61 SO. lOWA 6.80-6.84 DN 4 5.75-5.82 C. ILL. PROCESSORS 6.85 1/4-6.88 1/2 DN 3 1/4-3 5.80-5.87. •TRUCK BIDS FOR KANSAS CITY, US NO. 1 HARD- RED WINTER WHEAT. ORDINARY PROTEIN. MIN NEAPOLIS. US NO. 1 DARK NORTH ERN SPRING WHEAT, 14% PROTEIN. PORTLAND. NO. 1 SOFT WHITE WHEAT. ST. LOUIS. NO. 2 SOFT RED WINTER WHEAT. FUTURES CLOSE: KANSAS CITY (MAY) WHEAT 3.46 UP 4 3.25 1/2 MAY MINNEAPOLIS (MAY) WHEAT 3.52 1/2 UP 6 1/2 3.29 3/4 MAY CHICAGO (MAY) WHEAT 3.44 3/4 UP 3/4 3.39 MAY (MAY) CORN 2.91 DN 2 3/4 2.21 1/2 MAY (MAR) SOYBEANS 6.76 1/2 DN 2 (MAY) SOYBEANS 6.81 1/4 DN 3 1/4 5.83 MAY. EXPORT. BARGE OR RAIL. PORT OF NEW ORLEANS OR NORTH TEX AS GULF. NO. I HARD RED WINTER WHEAT ORDINARY PROTEIN 3.91-3.92 UP 4-5 4.00 1/2 NO. 2 SOFT RED WINTER WHEAT 3.68 3/4-3.71 UP 4-2 4.17-4.20 NO. 2 YELLOW CORN 3.07 1/2-3.09 1/2 DN 4 1/2 2.43 1/2-2.44 1/2 NO. 2 YELLOW SORGHUM RAIL 5 34 DN 5 BARGE 5.39 DN 3 4.31-4.30 NO. 2 YELLOW SOYBEANS 7.07-7.08 DN 3 1/2-6 6.07 1/2-6.08 BIRD. I HIS REPORT A SERVICE OF U.S DEPARTMENT OF AGRICULTURE, LIVESTOCK AND GRAIN MARKET NEWS. ST. JOSEPH, MISSOURI. 2:55C Box 295, Thurmont, MD 21788 ALAN DIFFENBACH AUCT. - AU2258-L j ,-v j . '.o fGreencastteiiyofji Livestock Pa. Report Supplied by Auction February 28, 1994 SLAUGHTER CATTLE RECEIPTS: 778 HEAD. SLAUGHTER STEERS: 209 HD. TREND: STEADY. HIGH CHOICE AND PRIME 2-4 72.00- CHOICE 2-3 950-1075 LBS. 65.00- CHOICE 2-3 1075-1375 LES. 68.00-72.00; CHOICE 2-3 OVER 1375 LBS. 63.00-68.75; CHOICE 4 ALL WEIGHTS 60.00-66.00; SELECT & CHOICE 1-2 950-1100 LBS. 64.00-70.50; SELECT AND CHOICE 1-2 1100-1375 LBS. 62.00-69.00; SELECT AND CHOICE 1-2 OVER 1375 LBS. 60.00- HOLSTEINS: CHOICE 2-3 1050-1450 LBS. 60.00-64.25; SELECT 1-2 1050-1450 LBS. 53.00-59.00. SLAUGHTER HEIFERS: 89 HEAD, TREND STEADY. CHOICE 2-3 850-1000 LBS. 66.00-72.00; CHOICE 2-3 1000-1250 LBS. 68.00-72.75; CHOICE 4, ALL WEIGHTS 60.00-64.50; SELECT AND CHOICE 1-2 850-1000 LBS 63.00-69.50; SELECT AND CHOICE 1-2 1000-1250 LBS. 61.00-68.50. HOLSTEINS: CHOICE 2-3 1000-1350 LBS. 57.00-64.00; SELECT & CHOICE 1-2 1000-1350 LBS. 51.00-56.00. SLAUGHTER BULLS: 32 HEAD. STEADY. YIELD GRADE 1 ALL WEIGHTS 59.00-70.50; YIELD GRADE 2 ALL WEIGHTS 52.50-58.50. BULLOCKS; 11. CHOICE 1-3 950-1150 LBS., 60.00-65.75; CHOICE 1 -3 1150-1375 LBS., 62.00-67.00; SELECT 1-2 950-1250 LBS., 65.00-71.50 COWS 437 HD TREND STEADY TO WEAKER. BREAKING UTILITY & We will be receiving Type 609 & 41 tobacco, Monday, March 7th, Wednes day, March 9th, Friday, March 11th from 7:30 AM to 3 PM. Please call for delivery time, Monday, Wednesday or Friday, between 8 AM & 9 AM 717-687-9517 or call answering ser vice 610-593-6729. Notice: No Paper on Bales Please. 6:30 P.M, 9:00 A.M, 9:00 A.M. IQ;QQ A,M. U mk ß HORSES mules HEIFER SALE 11:00 A.M. COW SALE 12:00 NOON IrWms ******- c °** We have tho usual run of 50 to 100 Heifers, all ages. Loads of fresh cows and springers from our regular shippers. Also some load fresh cows and springers. NOTICE TO MY TOBACCO FARMER FRIENDS SOUTHBOAT LEAF TOBACCO *24 Meadow Ln. PO Box 192 Paradise. PA 17562 Answering Service - 610-593-6729 NEW HOLLAND SALES STABLES INC; THE ACTION AUCTION LIVESTOCK IS OU: MONDAY SLAUGHTER HOGS EARLY BIRO HOG SALE 7:30 A.M. Sell Your Hogs At Now Holland Salat Stables, Inc. See them weighed, told and pickup your check. I*3o P»M. /3KS£jP BEEF SALE ® In CALVES j NEW H 3LLAND SALES STABLES, INC. 12 Miles East of Lancaster Off Route 23, New Holland, Penna. Norman & Da 1 Luka Ebarly • 215-267-6601 738-1865 Homar Ebarly - 215-267-3047 Ron Ranok - 717-656-9649 -mmsmamt NER & LOW CUTTER 44.50 A DOWN. STOCKER A FEEDER CATTLE RECEIPTS: 160 HD, STEADY. BEEF TYPES, STEERS 200-400 LBS. 84.00- BULLS 80.00-104.00. HEIFERS 70.00-96.00; 400-600 LBS. STEERS 74.00-90.00, BULLS 70.00- HEIFERS 70.00-82.00; 600-800 LBS. STEERS 70.00-81.00, BULLS 60.00-69.00, HEIFERS 66.00- 800-975 LBS. STEERS 62.00- BULLS 50.00-60.00, HEIF ERS 60.00-69.00. HOLSTEINS AND DAIRY CROSS, STEERS 200-400 LBS. 70.00-85.00, BULLS 70.00-79.00, HEIFERS, NONE; 400-600 LB. STEERS 60.00-68.00, BULLS 60.00-64.00, HEIFERS. NONE; 600-800 LB. STEERS 56.00-63.00. BULLS 50.00-59.00, HEIFERS. NONE; 800-975 LB. STEERS 49.00-55.00. BULLS 46.00-55.00, HEIFERS. NONE. CALVES: 605 HEAD. STRONGER TREND. CHOICE, 150-300 LBS 90.00- GOOD 150-300 LBS. 80.00- GOOD, 100-150 LBS. 65.00- GOOD 80-100 LBS. 55.00- STANDARD 80-100 LBS. 45.00- STANDARD, 80 LBS., AND DOWN, 45.00 AND DOWN. CALVES RETURNING TO THE FARM: WEAKER TREND. HOLSTEIN BULLS. OVER 100 LBS., UP TO 145.00, UNDER 100 LBS., UP TO 139.00; HOLS TEIN HEIFERS. OVER 100 LBS., UP TO 230 00, UNDER 100 LBS. UP TO 200.00, BEEF TYPE BULLS. OVER 90 LBS , UP TO 170.00; BEEF TYPE HEIFERS, OVER 90 LBS , UP TO 150.00 SHEEP AND LAMBS- 124 HEAD, STEADY. CHOICE, 80-100 LBS., 58.00- 100-120 LBS., 55.00-64.50; • 717-397-5538 asa;wi»KS LIGHT LAMBS 80.00-109.00. SHEEP: EWES. LEAN 30.00-39.50; EWES, FAT 22.00-34.00; YEARLINGS 41.00-46.00; BUCKS 20.00-31.00. GOATS: 129 HD., SMALL 20.00-46.00; MEDIUM 45.00-64.00; LARGE 60.00-139.00. HOGS, SOWS & BOARS 161 HEAD, IRBND 1.00 LOWER HOGS. BAR ROWS & GILTS. 210-250 LBS 44.00- 250-260 LBS 44.00-46.00, 260-270 LBS. 42.00-44.00; 270-300 LBS 39.00- LIGHT HOGS: 140-180 LBS. 30.00-34.50; 180-210 LBS. 34.00-39.75. SOWS: STEADY. GOOD SOWS UNDER 400 LBS. 32.00-40.00; GOOD SOWS OVER 400 LBS. 36.00-43.00; CULL SOWS. ALL WEIGHTS 30.00 AND DOWN. BOARS: TREND STEADY. 180-210 LBS. 29.00-30.50; 210-260 LBS. 30.00-3Z00; 260-300 LBS. 28.00-30,00; 300 LBS. AND OVER 29.00-30.50. SALE EVERY MONDAY AT 2:00 P.M. & EVERY THURSDAY AT 1:00 P.M. HAY & STRAW SALE EVERY MON DAY & THURSDAY AT 11:30 A.M. SPECIAL FEEDER CATTLE SALE; FRIDAY, MARCH 4,1994, AT 7:15 P.M. SPECIAL FEEDER PIG SALE: SATURDAY, MARCH 26.1994, AT 1:00 P.M. WHAT’S AHEAD FOR CORN & SOYBEAN • We Deal In Futures And Options • Our Only Business Is Commodity Futures And Options • Same Location And Principals For Over 20 Years • When Buying options, your risk is limited to the loss of the premium paid plus all transaction cost. Buying futures and options have inherent risk and should be done only with risk capital. FOR INFORMATION...UTERATURE... CHARTS... PLEASE CALL 215-821-8111 800-543-8939 LEHIGH VALLEY FUTURES INC. Suite LL6,2200 Hamilton St., Allentown, PA 18104 The risk of lost In trading futures and options on Mures can ba substantial. Futures and options trading may not ba suitable tor avaryona. You should carefully consider the risks In tight of your tlminclal condition In deciding whether to trade. ONLY BUSINESS THURSDAY Beef Auction 10:00 A.M. 1:00 P-M. STOCKERS ft FEEDERS -mAy-mm 11:30 A.M. SHEEP GOATS if V • W CALVES 1:30 P.M. FEEDER PIG SALE Plgt are accepted attar 630 A.M. Stata graded from 8 to 12. Dairy Bam and Feeder Pig Bam are cleaned and dlelnfected weekly lor your protection. Rogar Floyd - 717-354-4341 FAX #717-355-0706 Qftitr Bum Paul Good • 215-445-6662 BULLS. STEERS, BEEF COWS r>v,