
IT’S A MYSTERY these days what
fed cattle are worth, even when they're selling. USDA's
"mandatory reporting" program with its almost permanently
invoked "3/60" gag rule has turned a murky pricing
structure virtually opaque, the opposite of what supporters of
mandatory reporting had intended. Those supporters are gnashing
their teeth and yelling "robbery," while opponents counter
"We told you so." Both sides are probably right.
Fat, Feeder Lamb Prices
Take Tumble
Both fat and feeder lamb prices felt the affects of hot
weather this week and several dollars melted away.
Plains Fed Cattle Trade
Quiet At Midweek On Low Packer Bids
Packer bids that most feedlot observers considered
ridiculously low kept a lid on Plains fed cattle trading through
midweek.
Texas Goat Prices Move Up
and Down
Price trends on slaughter goats were mixed in Texas this
week. Goldthwaite goats were $3-5 lower, San Angelo was on the weak
side, and Fredericksburg was $2-3 lower.
PLAINS
FEEDLOT SALES
RANGE SALES
Economist Predicts
Recovery In U.S. Economy This Year
"It's almost inevitable that there will be a recovery
in the U.S. economy this year."
Beef Prof Sees Genetic
Basis For Improving Cattle Carcasses
There are ranchers who are being rewarded for differences
in carcass value of the beef they raise, says a genetics specialist
from the University of Nebraska, and they are being rewarded well.
Animal Activists
Protesting Brits' Hoof And Mouth Program
Animal welfare activists in the United Kingdom claim the
British government acted cruelly in its efforts to halt hoof and
mouth disease.
CARA Land Acquisition
Funding Bill To Go Before House Panel
The Conservation and Reinvestment Act is scheduled to go
before the House Committee on Resources this month.
Anti-Grazing Activist
Arrested After Taking Shots At Stockmen
A Grant County environmental activist is free on bond
after a belated arrest that grew out of a shooting incident in
January.
Groundwater Official
Assesses Legislative Session Favorably
The manager of one of the state's oldest groundwater
districts says he thinks the Texas Legislature did well in its
just-concluded session when it came to dealing with the needs of
underground water resources.
Study Finds Single Amino
Acid Deficiency Can Inhibit Growth
The deficiency of a single amino acid in the diet may
limit growth in cattle, says a Kansas State University professor.
Repercussions From
USDA Price Reporting Errors Still Unclear
Cattlemen on the southern Great Plains today are repeating
the old adage: "Be care what you ask for. You may get it."
El Paso Water Summit
Includes Call For More Federal Control
Experts at a water summit here said the border city is not
going to run out of the precious resource, but users will have to
pay more for it.
Science Writer Says
Endangered Species Language Far Too Broad
A writer for a science website on the Internet is calling
for a narrower definition of an "endangered" species.
David Mastio, editorial writer for Tech Central Station, an
Internet website dealing with scientific issues, notes that the 1973
Endangered Species Act defines endangered species as any subspecies
of fish or wildlife or plants, and any distinct population segment
of any species or vertebrate fish or wildlife which interbreeds when
mature.
Eminent Domain Issue
May Pit West Against Bush Energy Plan
Western Republicans and property-rights groups, after
years of fighting environmental activists over restrictions on land
use, are gearing up to oppose the Bush administration on an issue at
the heart of regional fears about overreaching federal power.
Cowboy Etiquette Not
Always Appropriate In Other Venues
I was watching the news this morning and one of the
main stories was kinda interesting to me. Actually, it struck me as
funny. The basis of the story was violence.
Combest Wants New
Farm Bill Ready For House Vote In August
The chairman of the House Agriculture Committee expects to
have a new farm bill ready for the lower chamber of Congress by
August.
Longhorn Steers Bought
For P.R. Stunt Becoming Full-Time Deal
It started out with an Oklahoma rancher not wanting to see
some big Longhorn steers slaughtered. Now, it's turned into almost a
full-time job.
Media Continue To
Confuse Consumers About BSE And HMD
The U.S. Meat Export Federation director for Europe,
Russia and the Middle East told an industry audience here recently
that the media is confusing the public about "mad cow"
disease and hoof and mouth disease.
Nation’s Feeder
Cattle Trend Higher, Movement More Liberal
Feeder cattle marketings last week were lighter than
during the previous week, due to the Memorial Day holiday. They were
much larger than a year ago, however, and prices were mostly steady
to $2 higher.
Judge Blocks Greens From
Elko Road Suit
A federal judge here says environmental activist groups
can't intervene in a lawsuit over a washed-out national forest road.
Josh O'Byrne Looking For
Fifth Consecutive Rodeo Finals Trip
Josh O'Byrne hasn't won a world title yet, but he's proven
to the PRCA that, despite being 35 years old, he's become one of the
most consistent bull riders in the business.
Domestic Wool Slow,
Aussie Wools Mixed
Domestic wool trading turned very slow the past two weeks.
Demand was light and seller interest usually light at the lower
price levels. A few Territory wool sales were 5-15 cents lower on a
clean basis with warehouse sales 10-20 cents lower.
Angelo Lambs Lower, Feeder Cattle
Steady
Feeder lambs sold $6-8 lower this week, slaughter lambs
$2-4 lower, slaughter ewes steady; goats were weak. Receipts totaled
8950 head, around 60 percent slaughter ewes, five percent feeder
lambs, five percent slaughter lambs and 30 percent goats.
U.S. Meat Production .4%
Below A Year Ago
Total red meat production under federal inspection last
week was estimated at 757.9 million pounds, 14.4 percent less than a
week earlier and .4 percent more than a year ago. Cumulative meat
production for the year to date was down three percent at 18.5
billion pounds.
San Saba Special Cow Sale
Offers 2376 Head
Choice cows with calves and bred back showed good interest
and sold strong, uniform first-calf pairs strong, others in moderate
demand; open heifers mostly went as feeders. Receipts totaled 2376
head.
Fredericksburg Lambs
Steady, Fat Goats Off
Feeder lambs sold steady, slaughter lambs firm, stock
goats $3-5 higher, slaughter goats $2-3 lower. Receipts totaled 4500
head.
Most Hamilton Cattle
Prices Termed Steady
Feeder steers and heifers sold steady, slaughter cows and
bulls steady, pairs and bred cows higher. Receipts totaled 511 head.
Brownwood, San Saba
Feeder Cattle Mixed
Lightweight feeder steers and heifers sold steady,
heavyweights $1-3 higher, slaughter cows and bulls steady, pairs and
bred stock cows $10-20 higher. Receipts totaled 1741 head at the two
sales.
Most Junction Sheep,
Goats Sell Steady
Most classes of sheep and goats sold steady. Receipts
totaled 2212 head.
Llano Cattle Prices Go
To Higher Levels
Feeder steers sold $2-4 higher, heifers $1-4 higher,
slaughter cows $3 higher, bulls $2-4 higher. Receipts totaled 417
head.
Milano Feeder Steer,
Heifer Trade Steady
Feeder steers and heifers sold steady, slaughter cows
steady, bulls steady to $1 higher. Receipts totaled 944 head.
Kansas Direct Feeder
Steers, Heifers Firm
Feeder steers and heifers sold steady to firm.
Thunderstorms, hail and a few tornadoes moved across the state; rain
amounts were 2-8 inches. Sales were confirmed on 7959 head.
Most Abilene Cattle
Prices Trend Higher
Feeder steers and heifers sold $1-2 higher, slaughter cows
and bulls steady to $2 higher, stock cows and pairs $10-20 higher.
Receipts totaled 1368 head.
Decatur Feeder Steer,
Heifer Prices Steady
Feeder steers and heifers sold steady, slaughter cows and
bulls steady to $1 higher, bred stock cows $30-50 higher, pairs
steady. Receipts totaled 1489 head.
Colorado City Cattle
Auction Sells 719 Head
No price trend comparison was offered on receipts of 719
head.
Fredericksburg Feeder
Steers Trade Higher
Feeder steers sold $2-3 higher, heifers strong, slaughter
cows and bulls steady. Receipts totaled 1164 head.
Most Cuero Cattle Prices
Said Higher
Feeder steers and heifers sold higher, slaughter cows and
bulls $1-2 higher. Receipts totaled 1312 head.
Goldthwaite Lambs Mixed,
Goats Off
Feeder lambs sold steady, slaughter lambs $3-5 lower;
stock and slaughter goats $3-5 higher. Receipts totaled 3085 head.
Graham Feeder Steer,
Heifer Prices Higher
Feeder steers and heifers sold $1-2 higher, slaughter cows
and bulls steady, stock cows $10 higher, pairs $10-20 higher.
Receipts totaled 1492 head.
Lampasas Feeder Steer,
Heifer Prices Higher
Feeder steers and heifers sold $2-3 higher, slaughter cows
and bulls steady. Receipts totaled 908 head.
Loose Ends
Coming Up...
June 7 — Producers Video Auction’s Internet
Sale, Fort Worth, Texas. June 9 — Special Consignment Sale,
Colorado City Livestock Market, Colorado City, Texas. June 9
— Cullen Johnson Equipment & Auction’s Auction of Jay
Storage Corporation, Hamlin, Texas.
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