| VOLUME 54 - NO.
43 |
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THURSDAY,
OCTOBER 31, 2002 |
Feeder, Fat Lambs, Meat
Prices Mixed
Lamb prices were mixed this week, feeder lambs up and down in
Texas and lower in the Midwest markets, fats higher in Texas and lower
in the Midwest. Dressed lamb quotations on the Central U.S. report
were practically all the same while the averages were slightly
erratic.
Plains Fed Cattle Entities
Apart By Dollars At Midweek
Plains feedlots and packers were in different hemispheres
pricewise at midweek. Bids of $66 ran up against asking prices of
$69-70.
Texas Slaughter Goat Prices
Mixed Bag Of Ups And Downs
Price trends were a real up and down situation on slaughter
goats this week. Some markets showed advances of $5, catching up on
the previous week’s higher prices, while others were as much as $5
lower, correcting a too-high trend.
PLAINS
FEEDLOT SALES
RANGE
SALES
Ranch Families Gather To
Hear Stories From Some Of Their Own
The Haley Memorial Library and History Center recently
hosted its annual Fall Gathering Ranch Storytelling event. It is one
of the library’s annual fundraisers, but beyond that, the event is
about documenting and preserving history.
Malpai Group Charter
Member Recounts Origins Of Outfit
An Arizona rancher says cattlemen can work with groups like
The Nature Conservancy, a statement that to some ranchers in Southern
New Mexico and Arizona borders on heresy.
Ecos Want Habitat Set
Aside For Bird That Is Not There
Environmental activists want the federal government to
establish "critical habitat" for the northern aplomado
falcon in New Mexico, even it there are no falcons there.
Judge Overturns
Pork Checkoff, Orders USDA To End Collections
A federal judge in Michigan has ruled the pork checkoff
unconstitutional, citing a previous Supreme Court decision overturning
a similar checkoff program on mushrooms.
USFWS Investigating
Shootings Of Three Grizzlies In Idaho
U.S. Fish and Wildlife Service officials are investigating
the deaths this fall of grizzly bears in Idaho.
FDIC Chairman Says
Banking Industry Is Strong As Ever
The banking industry is alive and well. That was the message
presented by Federal Deposit Insurance Corporation Chairman Don Powell
at the recent Texas Cattle Feeders Association annual meeting here.
Engler Challenges Feedlot
Operators To Look Both Ways
Cattle feeders can look at their current market situation as
a journey, says Paul Engler. And with any journey, it’s good to look
back at where you’ve been, where you are now and where you want to
go.
France Admits British
Beef OK Six Years After Imposing Ban
France has finally caved and admitted that British beef is
safe to eat — six years after banning UK imports.
Federal Court Upholds
Ruling On Monuments
A federal appeals court has upheld former President
Clinton's orders locking away two million acres of federal land in
five Western states through creation of national monuments.
IBP Employees Seek To
Oust Teamsters
While Gene Leman, chief executive officer of IBP, was
meeting with the Texas Cattle Feeders Association here recently,
employees at IBP's plant in Amarillo were busy trying to change the
facility's labor practices.
Cattle Feeders Hear About
New Production Innovations
Cattle feeders will have a full plate of production
innovations and issues in the coming years, says to Dr. Mike Galyean,
Thornton professor of animal science at Texas Tech University in
Lubbock.
Nation’s Feeder
Yearlings Up Last Week, Calves About Steady
Yearling feeder Steers and heifers sold firm to $1 higher
last week on continued tight supplies. Calf prices were unevenly
steady, weather playing a big part in demand.
Fed Steer And Heifer
Prices Up $1 In Direct Trading Last Week
Slaughter steers and heifers sold $1 higher in direct live
trading last week, dressed sales $2 higher. Packer demand was good as
kills remained above 700,000 head for a third week in a row.
Domestic Wool Trading
Active, Aussie Prices Suffer Decline
Wool trading turned active in Texas in several late-season
warehouse cleanup sales. Demand was good, and the undertone was
sharply higher on all wool, especially fine, short wool and lamb wool.
Angelo Feeder Lambs
Lower, Cattle Higher
Feeder lambs sold weak to $2 lower this week, slaughter
lambs firm to $1 higher, slaughter ewes firm to $2 higher; nanny goats
were steady, kids weak to $3 lower. Receipts totaled 7007 head, around
35 percent slaughter ewes, 10 percent feeder lambs, 10 percent
slaughter lambs and 45 percent goats.
Kansas Direct Feeder
Cattle Prices Higher
Feeder steers under 700 pounds were weak, heavier weights
firm to $1 higher, heifers firm to $2 higher. The weather was cold and
wet with accumulations from traces to one inch. Sales were confirmed
on 7084 head.
Fredericksburg Lambs
Mixed, Goats Firm
Feeder lambs were too few for a price test, slaughter lambs
steady except lightweights $8-10 higher; slaughter goats were steady
to firm, others scarce. Receipts totaled 2474 head.
Milano Feeder Cattle Sell
Steady To Firm
Feeder steers and heifers sold steady to firm, slaughter
cows $1-2 lower, bulls steady. Receipts totaled 928 head.
Most Llano Cattle Prices
Called Steady
Feeder steers and heifers were mostly steady, slaughter cows
and bulls under pressure. Receipts totaled 356 head.
Lighter Brownwood Feeder
Cattle Higher
Feeder steers and heifers sold $3-5 higher, the advance on
weights under 600 pounds, slaughter cows and bulls steady, stock cows
and pairs steady. Receipts totaled 316 head.
Abilene Cattle Prices
Termed Mostly Steady
Feeder steers and heifers sold fully steady, slaughter cows
and bulls steady, stock cows and pairs steady. Receipts totaled 485
head.
San Saba Offers 1785
Cows At Special Sale
Demand was termed strong on choice cow-calf pairs and better
grading bred heifers at Jordan Cattle Auction’s special replacement
sale, "excellent" on bred cows of all classes and open
heifers. Receipts totaled 1785 head.
Mason, San Saba Steers
Steady, Heifers Higher
Feeder steers sold steady last week in Mason and San Saba,
heifers $1-2 higher, slaughter cows and bulls steady, stock cows and
pairs in good demand. Receipts totaled 1308 head at the two sales.
September Pork Output
Monthly Record High
Commercial red meat production for the United States totaled
3.87 billion pounds in September, up six percent from the 3.67 billion
pounds produced in September 2001.
Goldthwaite Lambs Rise,
Goats Steady
Feeder lambs were scarce, slaughter lambs $3-5 higher;
feeder goats were scarce, slaughter goats steady. Receipts totaled 902
head.
Lampasas Feeder Steer,
Heifer Prices Higher
Feeder steers and heifers sold $1-2 higher, slaughter cows
and bulls steady. Receipts totaled 606 head.
Producers Internet Offers
3300 Cattle
Producers Internet Auction offered 3300 feeder cattle in
their regularly scheduled sale. Consignments were from Alabama,
Mississippi and Florida, delivery current to December.
Hamilton Feeder Steer,
Heifer Trends Mixed
Feeder steer yearlings sold steady, calves higher, heifer
yearlings higher, calves steady, slaughter cows $3-5 higher, bulls
steady, stock cows and pairs steady. Receipts totaled 397 head.
Decatur Feeder Steer,
Heifer Trends Higher
Feeder steers and heifers sold $1-2 higher, plain kinds off
$1-2, slaughter cows and bulls $1-2 lower, stock cows and pairs
steady. Receipts totaled 1081 head.
Most Coleman Cattle
Prices Termed Steady
Feeder steers and heifers sold steady to firm, slaughter
cows and bulls steady, stock cows and pairs steady. Receipts totaled
358 head.
Colorado City Feeder
Cattle Prices Higher
Feeder steers sold $2-10 higher, the full advance on weights
under 500 pounds, heifers $1-1.50 higher, slaughter cows steady to $1
lower, bulls steady, stock cows $30-50 higher, pairs steady. Receipts
totaled 779 head.
Junction Lambs Higher,
Meat Type Goats Lower
Lambs sold $4-8 higher, slaughter ewes steady; meat type
slaughter kids and nannies $3-5 lower, billies steady, Angoras steady.
Receipts totaled 2061 head.
Billings Feeder Lambs
Trade Mostly Steady
Feeder lambs sold mostly steady, slaughter lambs rather
steady. Receipts totaled 1400 head.
Boxed Beef Values Up
$1.85 Last Week
The national boxed beef cutout value of all fed steers and
heifers sold last week showed an increase of $1.85 at $108.93.
U.S. Meat Production 2.6%
About A Year Ago
Total red meat production under federal inspection last week
was estimated at 958.9 million pounds, 1.1 percent more than a week
earlier and 2.6 percent more than a year ago. Cumulative meat
production for the year to date was up 3.3 percent at 38.1 billion
pounds.
Coming
Up...
November 1
— Special High Dollar Calf and
Yearling Sale, Junction Stockyards, Junction, Texas.
November 2 — The Fall Gatherin’
2002, Joplin Regional Stockyards, Joplin, Missouri. November
5 — Premium Stocker/Feeder
Sale, Abilene Livestock Auction, Abilene, Texas. November
5 — Express Ranches Express EX
Select Stock/Feeder Auction, Stockman-Oklahoma Livestock Market, Apache,
Oklahoma.
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