| VOLUME 54 - NO.
36 |
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THURSDAY,
SEPTEMBER 12, 2002 |
Feeder Lamb Prices Remain Mostly Steady
Feeder lambs were mostly steady in Texas and Midwest markets
this week. Some direct trading areas were sharply higher with most of
the supply already sold. Around 55,000 Western lambs moved into
feedlots with retained ownership. Slaughter lambs were mostly steady,
though some on Midwest markets were as much as $7 higher. Slaughter
ewes were steady.
Plains Feedlot Trade
Underway By Midweek, Gaining $2 At $66
Spurred by short-bought packers and improving fundamentals
down the road, Plains feedlot trading broke the usual mold this week
by kicking off on Wednesday at mostly $66. That is $2 above last
week’s price, which finally jelled late Friday at $64.
Most Texas Slaughter Goat
Prices Steady, Some Higher
For the most part this week, slaughter goat prices on Texas
markets were fully steady. Some sales late last week in Goldthwaite
were $3-5 higher and Hamilton on Monday was $1-4 higher.
PLAINS
FEEDLOT SALES
RANGE
SALES
USPB CEO Is Optimistic
About Dynamic Times In Beef Industry
The beef industry is definitely experiencing some dynamic
times, but with dynamic times come opportunities to grow and improve.
And it's producers who have the greatest opportunity.
Protection For Jumping
Mouse May Impact Places It Is Not
Peter Plage calls it a small mouse with a three-inch body
and five-inch tail, but its reach stretches from Washington, D.C., to
southeast Wyoming.
New Regs In Place For
Entry Of Elk And Black-Tails Into Texas
Texas' borders were reopened September 1 for the importation of
live black-tailed deer and elk, but the animals now must meet new,
stringent entry requirements.
Senate Approves $5.95
Billion Bill For Drouth Disaster Aid
The Senate defied President Bush on Tuesday and voted
overwhelmingly to provide nearly $6 billion in aid for farmers and
ranchers staggered by the drouth, despite administration arguments
that the proposal would cost too much.
PRCA’s Jesse Bail Pulls
Ahead Of Pack In All-Around Race
Like a pedigreed race horse, roughstock hand Jesse Bail has
started to pull away from the field just in time for ProRodeo’s
stretch run.
Steer And Heifer Prices Weak In
Angelo Special Sale Monday
Steer and heifer prices were weak here Monday in the
season's fifth special feeder cattle sale at Producers Livestock
Auction.
Nation’s Feeder Cattle
Prices Mostly Steady Labor Day Week
Feeder cattle and calf prices were largely steady over the
midsection of the country last week. Eastern states recovered most of
the previous week’s losses by selling calves at prices that were
steady to $3 higher.
Angelo Sheep Steady,
Feeder Cattle Higher
All sheep classes sold steady this week; kid goats were
steady, nannies weak to $2 lower. Receipts totaled about 15,000 head,
around 40 percent slaughter ewes, 25 percent feeder lambs, five
percent slaughter lambs and 30 percent goats.
U.S. Meat Production 4.5%
Above A Year Ago
Total red meat production under federal inspection during
last week’s holiday-shortened period was estimated at 851.1 million
pounds, 10.5 percent less the previous week and 4.5 percent more than
a year ago. Cumulative meat production for the year to date was up 3.6
percent at 31.56 billion pounds.
Llano Special Cow Sale
Finds Active Bidding
The 43rd annual September special cow sale found
active bidding. Receipts totaled 1285 head of mostly black offerings.
Lampasas Feeder Steer,
Heifer Prices Steady
Feeder steers and heifers sold steady, slaughter cows
steady, bulls 50 cents to $1 higher. Receipts totaled 610 head.
Abilene Feeder Steer,
Heifer Prices Higher
Feeder steers and heifers sold $1-2 higher, slaughter cows
and bulls $1-2 lower, stock cows and pairs $10-20 lower. Receipts
totaled 1115 head.
Most Hamilton Feeder
Cattle, Lambs Steady
All cattle prices were steady on receipts of 513 head. Kid
goats sold $1-4 higher Monday, other sheep and goats sold steady.
Receipts totaled 1432 head.
Goldthwaite Lambs Steady,
Goats Rise
Slaughter lambs sold steady, stock goats $5-7 higher,
slaughter goats $3-5 higher. Receipts totaled 1527 head.
Boxed Beef Values Up
$2.87 Last Week
USDA’s new National Comprehensive Boxed Beef Cutout report
on all fed steer and heifer sales for last week showed the weekly
cutout value up $2.85 to $104.79.
Fredericksburg Sheep, Goat
Prices Steady
All sheep and goat prices were steady on receipts of 3167
head.
Billings Lightweight
Feeder Lambs Higher
Feeder lambs under 80 pounds sold $3 higher than two weeks
ago, instances $6 higher, heavier weights $1 lower early, closing $2-3
higher, slaughter ewes $2 lower. Receipts totaled 3536 head.
Decatur Feeder Cattle
Prices Called Higher
Feeder steers and heifers sold $1-3 higher, slaughter cows
and bulls $1-2 lower. Receipts totaled 1438 head.
Colorado City Feeder Steer
Prices Steady
Feeder steers sold steady, heifers steady to $1 higher,
slaughter cows and bulls steady to $1 higher, stock cows $40-70
higher, pairs $30 lower. Receipts totaled 913 head.
Llano Feeder Steers,
Heifers Trend Lower
Feeder steers and heifers sold $2-3 lower except steers over
650 pounds steady, slaughter cows and bulls about steady. Receipts
totaled 352 head.
Kansas Direct Feeder
Steer Prices Higher
Feeder steers sold $1 higher in a limited test of medium and
large No. 1 classes, similar quality heifers too few for an adequate
test. The weather was mostly warm and dry. Some forage feed and wheat
has been planted. Sales were confirmed on 5118 head.
Coleman Feeder Steer,
Heifer Prices Firm
Feeder steers and heifers sold steady to firm, slaughter
cows and bulls $2-3 lower, stock cows and pairs steady to firm.
Receipts totaled 772 head.
Domestic Wool Trading Slow,
Aussie Prices Increase Some
Wool trading remained slow around the country last week, at
a standstill in many areas. Trading was light on short supplies,
export interest moderate to good.
Junction Sheep, Goat
Prices Mostly Lower
Most sheep and goats sold a little lower except kids steady.
Receipts totaled 4695 head.
Cuero Feeder Cattle Prices
Termed Mixed
Feeder steers and heifers were mostly lower, except 500-550
pound steers and lightweights higher, slaughter cows $2 lower, bulls
$3 lower. Receipts totaled 2707 head.
Fredericksburg Feeder
Steers, Heifers Higher
Feeder steers sold $1 higher, heifers $2-3 higher, slaughter
cows and bulls $2 lower. Receipts totaled 1766 head.
Most Milano Cattle Prices
Said Steady
Feeder steers and heifers sold steady, slaughter cows steady
to firm, bulls steady. Receipts totaled 1368 head.
Mason, San Saba Steers
Strong, Heifers Higher
Feeder steers sold strong last week in Mason and San Saba,
heifers steady to $2 higher, slaughter cows and bulls $3-5 lower,
stock cows steady. Receipts totaled 1166 head at the two sales.
Loose Ends
Coming
Up...
September 14 —
Special Boer Goat Sale, Hamilton Commission Company, Hamilton, Texas.
September 14
— Coors Challenge Cow Horse Sale, Will Rogers Memorial Center, Fort
Worth, Texas. September 14 —
South Texas Cattle Marketing Group Sale, Nixon Livestock, Nixon, Texas.
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