| VOLUME 54 - NO.
37 |
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THURSDAY,
SEPTEMBER 19, 2002 |
Fat, Feeder Lambs Find
Uneven Market
Fat and feeder lambs at most Texas markets were mostly
steady this week, but Midwest prices on slaughter lambs were as much
as $5 higher and $3 higher on feeders. Last week’s direct trade on
feeder lambs in the Mountain states was a couple of dollars higher
with 94,000 lambs moving into feedlots under retained ownership.
Plains Fed Cattle Trade
Back In Stalemate Mode This Week
Plains cattle feeders and packers found themselves back in
familiar territory this week, watching the hours tick by with no
trade. At midweek, bids were $64 and asking prices $68 or better.
Texas Slaughter Goat Prices
Suffered Sharp Losses Again
Slaughter goats on Texas markets found tough going this week
with most sales around $2-5 lower, some as much as $7 off in
Goldthwaite.
PLAINS
FEEDLOT SALES
RANGE
SALES
McDonald’s Answers
Concerns Of TFB, Texas Beef Producers
In early spring 2002, McDonald’s Corporation announced a
small pilot study to test the use of imported beef in their hamburger
product. The test was to include 400 restaurants in the Southeast.
Brits Screen Sheep For
Gene Showing Scrapie Resistance
British sheep are being tested for a gene that is resistant
to the brain disease scrapie.
Cattle Feeders Group
Favors Collective Market Over Govt.
Members of a special "Four-State Working Group"
made up of cattle feeders have decided to pursue the concept of
collective marketing for the fed cattle sector following a recent
meeting here.
Some Ranchers Leery Of
Farm Bill’s Intensive Grazing Aid
The new farm bill this year made cost-share money available
to help establish the infrastructure needed for intensive grazing
operations, but Wyoming ranchers are suspicious of taking any of it
because it might tie their ranches to the federal government and pull
ranchers into endangered species problems.
Four States To
Receive $150M For Feed Assistance Program
U.S. Agriculture Secretary Ann M. Veneman has announced that
sign-up for the $150 million feed assistance program to help cow-calf
operators in Nebraska, Colorado, Wyoming and South Dakota will begin
Aug. 28 at FSA offices in those four states.
PRCA Lauds Columnist For
Pro-Rodeo Comment
The Professional Rodeo Cowboy's Association is organizing a
letter-writing campaign to a Sunday newspaper supplement in support of
one of its weekly columnists.
Boxed Beef Values Off
$1.19 Last Week
USDA’S National Comprehensive Boxed Beef Cutout value of
all fed steer and heifer sales last week lost $1.19, dropping to
$103.60.
NMSU Has First Rodeo Coach
After 60 Years
New Mexico State University has its first rodeo coach.
Oprah Case Dismissed For
Good This Time
A federal judge has dismissed a lingering lawsuit that
accused Oprah Winfrey of violating Texas' so-called "veggie
libel" law by maligning the beef industry.
NAS Finds Meat From
Cloned Animals Safe
Following a relatively positive recent report from the
National Academy of Sciences, the U.S. Food and Drug Administration is
likely to lift an informal moratorium on farmers selling the meat from
cloned animals by the end of this year, says a recent report in the Washington
Post.
Eco Suit Forces FWS To Back
Fish Listing
The U.S. Fish and Wildlife Service has proposed listing the
Gila chub as an officially "endangered" species.
Association Conducts
Schools To Preserve Lore Of Chuckwagon
When contestants circled the wagons in Lubbock this month
for the National Cowboy Symposium, they were in the hometown of Owen
Noble, president of the American Chuckwagon Association.
Veneman Outlines Key Areas
For Farm Bill Implementation
U.S. Agriculture Secretary Ann M. Veneman recently
participated in a news briefing with farm reporters and broadcasters
announcing farm bill implementation measures and discussing key issues
before Congress as it returns from its August recess.
Researchers Developing
New Methods For Detecting BSE
The U.S. Agriculture Department is appropriating funds to
evaluate new rapid tests for detection of prion-infected livestock.
Naked Actress Latest PETA
Billboard Pinup
A pinup actress from the television show Baywatch will be
the poster girl for a new PETA campaign.
Ag Groups Opposing
Aussie Trade Pact
A broad coalition of agricultural organizations including
the National Cattlemen’s Beef Association has signed a letter to
U.S. trade officials vehemently opposing a bi-lateral free trade
agreement with Australia.
NCBA Urges Greenspan To Cut
Interest Rates
National Cattlemen’s Beef Association president Wythe
Willey has signed a letter to Federal Reserve Chairman Alan Greenspan
urging an additional one-quarter point reduction in interest rates.
Now Past FMD Crisis,
UK Exports Beef Again
The first beef to be exported from the United Kingdom since
the beginning of the foot and mouth disease crisis in February 2001
has been stamped ready for shipping, the Welsh Assembly has revealed.
USDA Releases $10M In 2002
EQIP Funds
U.S. Agriculture Secretary Ann M. Veneman has announced the
release of nearly $10 million in previously unallocated FY2002 funds
for the Environmental Quality Incentives Program. These funds will
allow the Natural Resources Conservation Service to continue to
implement the program this fiscal year, as authorized in the 2002 Farm
Bill.
K.C. Jones Wins Pendleton
Rodeo; Clinches NFR Berth
Colorado steer wrestler K.C. Jones has seen his fair share
of ups and downs. In 2001, he barely missed qualifying for his first
Wrangler National Finals Rodeo, finishing the year 18th in the world
standings.
Nation’s Feeder Cattle
Prices Uneven Last Week, Avg. Steady
The yearling feeder steer and heifer market closed near
steady across the country last week after opening slightly lower. The
turnaround came on Wednesday, when packers succumbed to the CME’s $5
premium over the cash market.
Superior Livestock Video
Sale Offering Totals 52,000 Cattle
Superior Livestock Auction offered more than 52,000 mostly
feeder cattle in their annual Fall Classic sale. Most yearlings and
calves sold fully steady, northern calves $2-4 lower.
Direct Cattle Sales
Higher In High Plains And Midwest
Direct trading of fed cattle was active across the country
last week under good demand. The bulk of the week’s trading occurred
Wednesday as short-bought packers competed aggressively for numbers.
Live and dressed basis sales were $2 higher.
Angelo Feeder Lambs,
Steers, Heifers Steady
Feeder lambs sold steady this week, slaughter lambs weak,
slaughter ewes $1-2 lower, instances $5 lower; slaughter kids $2-5
lower, nannies weak to $5 lower. Receipts totaled 14,474 head, around
35 percent slaughter ewes, 25 percent feeder lambs, five percent
slaughter lambs and 35 percent goats.
U.S. Meat Production .3% Below A Year
Ago
Total red meat production under federal inspection last week
was estimated at 914 million pounds, 7.5 percent higher than a week
earlier and .3 percent less than a year ago. Cumulative meat
production for the year to date was up 3.5 percent at 32.47 billion
pounds.
EMerg/CattleinfoNet Offers
3400 Feeders
EMerg/CattleinfoNet offered 3400 feeder cattle from Louisiana, Texas,
Kansas, California, New Mexico and Wyoming in its Internet auction.
Delivery is current through December.
Billings Feeder Lambs
Move Sharply Higher
Feeder lambs sold $3-6 higher Monday under good demand on
all weights, slaughter ewes $1-2 lower. Receipts totaled 4302 head.
Fredericksburg Sheep, Goat
Prices Steady
Feeder and slaughter lambs sold steady, stock and slaughter
goats steady. Receipts totaled 3315 head.
Kansas Direct Feeder
Steers On Weak Side
Feeder steers and heifers moving direct in Kansas sold weak
on a light test last week. The weather was mild with scattered
showers, some western counties receiving up to 2.5 inches of rain.
Sales were confirmed on 8458 head.
Most Mason, San Saba
Feeder Cattle Higher
Feeder steers sold $2-3 higher last week in Mason and San
Saba, heifers $1-2 higher, slaughter cows and bulls steady to $1
higher, stock cows steady. Receipts totaled 2490 head.
Most Milano Feeder
Steers, Heifers Lower
Feeder steers under 400 pounds were steady, heavier weights
$1-3 lower, heifers steady to $3 lower, the greatest decline on
weights under 600 pounds, slaughter cows steady to $1 higher, bulls
steady. Receipts totaled 1049 head.
Most Abilene Cattle
Prices Deemed Higher
Feeder steers and heifers sold $1-2 higher, slaughter cows
and bulls $1-2 higher, stock cows and pairs steady. Receipts totaled
1468 head.
Hamilton Stock Calves
Rise, Yearlings Steady
Steer and heifer yearlings sold steady, stock calves higher,
slaughter cows steady, bulls higher, stock cows and pairs steady.
Receipts totaled 592 head. Monday lambs sold higher, ewes steady,
slaughter kids $1-3 lower, nannies lower. Receipts totaled 2625 head.
Most Brownwood Cattle
Prices Termed Steady
Cattle prices were mostly steady with last week on receipts
of 515 head.
Producers Internet Offers
1600 Feeders
Producers Internet Auction offered 1600 feeder cattle from
Florida, Mississippi and Texas in their regularly scheduled sale.
Delivery is current through November.
Llano Feeder Steers
Higher, Heifers Off
Feeder steers sold strong to $2 higher, heifers $1-2 lower,
slaughter cows and bulls barely steady. Receipts totaled 697 head.
Goldthwaite Lambs Higher,
Goats Lower
Lightweight slaughter lambs sold $2-3 higher, heavyweights
steady; stock goats were $8-10 lower, slaughter goats $5-7 lower.
Receipts totaled 2131 head.
Lampasas Feeder Steer,
Heifer Prices Steady
Feeder steers and heifers sold steady, slaughter cows $.50-1
lower, bulls $3-4 lower. Receipts totaled 850 head.
Junction Sheep, Goat,
Cattle Prices Steady
Sheep and goat classes sold steady on receipts of 4336 head.
Cattle sold steady Friday on receipts of 500 head.
Decatur Feeder Steer,
Heifer Prices Higher
Feeder steers and heifers sold steady to $3 higher, stock
cows and pairs steady. Receipts totaled 2232 head.
Most Cuero Cattle Prices
Called Steady
Most cattle sold steady, except 300-450 pound heifers $3
higher. Receipts totaled 2010 head.
Domestic Wool Slow, Aussie
Wools Higher
Wool trading remains seasonally slow. Demand was light to
moderate on light supplies in all areas.
Loose Ends
Coming
Up...
September 19 —
Rio Grande Classic Special Fall Horse Sale, Rio Grand Classic Livestock
Auction, El Paso, Texas. September
19 — West Texas Rehabilitation
Center’s 2002 Round-Up For Rehab Sale, Producers Livestock Auction,
San Angelo, Texas. September
20-21 — Fall Horse Sale,
Roswell Livestock Auction, Roswell, New Mexico.
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