| VOLUME 54 - NO.
30 |
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THURSDAY,
AUGUST 1, 2002 |
Fat, Feeder Lamb Prices
Mostly Steady
Lamb prices were mostly steady this week, with only minor
price changes in some areas. Slaughter ewes were steady to $3 higher
in Texas and steady in the Midwest markets.
Mum’s The Word One More
Time On Plains Fed Cattle Trading
Plains feedlots and packers stood dollars apart on price at
midweek, leading observers to predict another Friday down-to-the-wire
trading regimen.
Texas Slaughter Goat Prices
Continue Roller Coaster Ride
Texas slaughter meat type kid goat prices bounced back from
last week’s lower trend, as has been the rule the last few months.
Up a week or two, then down a week or two. Junction and San Angelo
were $2-4 higher this week, Fredericksburg steady.
PLAINS
FEEDLOT SALES
RANGE
SALES
Cattle Feeders Head
Contends NCBA Aware Of Market
Problems
The National Cattlemen's Beef Association is aware of the
market situation, says Dr. Richard McDonald, president and chief
executive officer of the Texas Cattle Feeders Association.
Opposition Cattlemen’s
Groups Take Fight To Feeding Country
Amarillo was put on the front lines this month in the war
for the hearts and minds of the cattle industry.
Daschle Slips
Forest-Thinning Measure Into Unrelated Bill
As comedian Mel Brooks once said while spoofing French
monarch Louis XVI, "It’s good to be da king!" And being
the top dog in the U.S. Senate has its perks, too. Just ask Tom
Daschle.
Senate Committee Wants
Tax Break On Land Sales To Feds
The Senate Finance Committee is proposing a new initiative
in the U.S. Care Act of 2002 that will only serve to increase the
amount of private land acquired by the federal government, says the
Western Association of State Departments of Agriculture.
OCA Members Hear
Thoughts On Future Of The Beef Industry
The Oklahoma Cattlemen’s Association, gathered here last
week to celebrate its 50th anniversary, attracted a good
crowd. Many of the long-time OCA members reminisced about bygone times
and in almost the same breath lamented the challenges facing the
industry today.
Economist Contends
Effiency Focus Has Dark Consequences
It's time to decide what kind of food system the world wants
in the future.
Stenholm Talks Ag,
Economic Policy At TS&GRA Convention
Congressman Charlie Stenholm foresees agriculture and rural
America losing even more clout in coming years and believes that
organization is one way to leverage what political strength remains.
Nation’s Feeder Cattle
Steady Last Week, Calf Prices Uneven
Yearling feeder steers and heifers sold mostly steady around
the country last week, but calf prices were uneven.
Fed Cattle Sell Lower In
Direct Trading
Direct slaughter cattle trading was moderate last week under
good demand, prices steady to $1 lower on a dressed basis in the north
and $1 lower live in the Southern Plains. After two weeks of sluggish
cattle sales in the south, sellers acquiesced early in the period to
move cattle.
Angelo Feeder Lambs Firm,
Cattle Weak
Feeder lambs sold firm this week, slaughter lambs firm,
slaughter ewes firm to $3 higher; nanny goats were firm, kids $2-3
higher. Receipts totaled 13,672 head, around 45 percent slaughter
ewes, 10 percent feeder lambs, 10 percent slaughter lambs and 35
percent goats.
Kansas Direct Feeder
Cattle Prices Steady
Feeder steers and heifers sold steady last week in Kansas
direct trade. The weather was hot and dry. Sales were confirmed on
16,777 head.
Lometa Sheep, Goats Sell
Sharply Lower
Trading was active with sheep and goat prices $5-10 lower.
Receipts totaled 1641 head.
Goldthwaite Lambs Steady,
Kids Lower
Slaughter lambs sold steady; feeder and slaughter kids were
$3-5 lower, stock nannies in good demand. Receipts totaled 1657 head.
Producers Internet Offers
2000 Cattle
Producers Internet Auction offered 2000 feeder cattle from
Florida, Georgia and Mississippi. Delivery was current to November.
Graham Feeders Steady,
Calves On Higher Side
Feeder steers and heifers over 500 pounds sold steady,
lighter weights steady to $1 higher, slaughter cows and bulls steady,
stock cows steady. Receipts totaled 578 head.
U.S. Meat Production 6%
Above A Year Ago
Total red meat production under federal inspection last week
was estimated at 887.3 million pounds, 1.3 percent less than a week
earlier and six percent more than a year ago. Cumulative meat
production for the year to date was up 3.3 percent at 26.1 billion
pounds.
Coleman Feeder Steers,
Heifers Steady To Up
Feeder steers and heifers under 500 pounds sold $1-2 higher,
heavier weights steady, slaughter cows and bulls $1-2 lower, stock
cows and pairs $10-20 higher. Receipts totaled 923 head.
U.S. June Pig Crop Two
Percent Higher
The June 2002 U.S. pig crop report showed a two percent
increase over the previous year at 8.66 million head. Sows farrowing
in June were up one percent at 976,000 head. The average number of
pigs per litter was 8.87 head compared with 8.85 last year.
Decatur Feeder Steers,
Heifers Trade Higher
Feeder steers sold $1-3 higher, heifers steady to $1.50
higher, slaughter cows and bulls steady to $2 lower, stock cows and
pairs steady. Receipts totaled 1236 head.
Junction Kids Mixed, Other
Classes Steady
Most sheep and goats sold steady except lightweight kids
$2-4 higher and heavyweights $1-2 lower. Receipts totaled 3721 head.
Lampasas Feeder Steer,
Heifer Prices Higher
Feeder steers and heifers sold $1-3 higher, slaughter cows
and bulls steady. Receipts totaled 877 head.
Cuero Feeder Steers,
Heifers Trade Steady
Feeder steers and heifers sold steady, slaughter cows
steady. Receipts totaled 1430 head.
Hamilton Lambs Hold, Kid
Goats Lower
Lambs sold steady, ewes lower, kid goats lower, nannies
steady. Receipts totaled 1787 head.
Abilene Feeder Steer,
Heifer Prices Firm
Feeder steers and heifers sold steady to firm, slaughter
cows and bulls $1-2 higher, stock cows and pairs $10-20 lower.
Receipts totaled 701 head.
Milano Cattle Prices
Steady, Trade Active
Feeder steers and heifers sold steady, slaughter cows and
bulls steady. Receipts totaled 570 head.
Most Colorado City Cattle
Sell Higher
Feeder steers and heifers sold steady to $1 higher with
400-500 pound heifers $4 higher, slaughter cows steady to $1 higher,
bulls steady, stock cows $5 higher, pairs $40 higher. Receipts totaled
1341 head.
Llano Feeder Cattle
Steady, Cows Lower
Feeder steers and heifers sold steady, slaughter cows and
bulls $2 lower. Receipts totaled 382 head.
Angora Performance Test
Sale Avg. $247
The annual Angora goat performance test sale at the Texas
A&M Experiment Station near here offered 16 rams and nine head
sold for a $247.22 average.
Most Mason, San Saba
Cattle Prices Higher
Feeder steers and heifers sold steady to $4 higher last week
in Mason and San Saba, the advance mostly on heavyweights, slaughter
cows and bulls $1 higher. Receipts totaled 1985 head at the two sales.
Domestic, Aussie Wool Trade
Near Standstill
Domestic wool trading was nearly at a standstill again last
week. Demand was light to moderate for scant supplies.
TOM
F. SPENCER was honored
recently by friends as they presented him with a bronze sculpture by
artist Shalah Perkins. R. C. Buckley made the presentation at a
Superior Video sale recently saying that Spencer’s word and
handshake were his contract.
Loose Ends
Coming
Up...
August 3 — Special Replacement
Female Sale, Jordan Cattle Auction, Mason, Texas. August
16, 17, 18 — 22nd Annual Texas
Ranch Roundup to benefit West Texas Rehabilitaion Center, West Texas
Boys Ranch and the North Texas Rehabilitation Center. Wichita Falls
Bridwell Arena. August 8
— Special Stocker and Feeder Sale, Jordan Cattle Auction, San Saba,
Texas.
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