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Feeder Lambs Steady, Fats Find Weakness
Feeder lambs were fairly steady this week, fat lambs weak to
$5 lower on Texas markets and steady in the Midwest. Slaughter ewes
were a little lower.
Northern Plains Fed Cattle
Bring $80; Panhandle Waits
Northern Plains feedlots had sold several thousand head of
fed cattle at $80 by Wednesday afternoon, but bids at Texas Panhandle
yards were still dollars shy of that.
Texas Slaughter Goats Face
Tougher Prospects This Week
Slaughter kid goats on Texas markets found much we aker
markets this week. Junction and Fredericksburg were both $3-5 lower
while San Angelo was termed weak, and some of their heavier weights
were several dollars off.
PLAINS
FEEDLOT SALES
RANGE
SALES
Granddaughter Of British-Born Cowboy
Follows Memoirs To JA
Cheristine Ligertwood Asker reads J. Evetts Haley's biography of
Charles Goodnight as she and her husband drive their rented red room,
Oldsmobile across the southern Texas Panhandle where Mrs. Asker's
grandfather once worked as a cowboy and her great uncle managed the
Matador Ranch.
Australian Feedlot
Targets Japanese Export Market
Australia's commercial cattle feeding industry is relatively
new, at least compared to the U.S. industry. It's been around since
the 1960s, but only on a limited basis.
USDA Announces
Dates For COOL Discussion
The U.S. Department of Agriculture's Agricultural Marketing
Service has announced dates and locations for the listening and
education sessions on the country of origin labeling law included in
the 2002 Farm Bill.
Koch Industries Buys
Farmland Nitrogen
Farmland Industries recently concluded the auction of its
fertilizer manufacturing and distribution assets, with top bids
bringing a value of approximately $295 million to the company, over
$25 million more than the original "stalking horse" bid.
This value includes domestic and foreign nitrogen assets as well as
working capital retained by Farmland.
TAHC Outlines TB Test Rules
On Mexico-Origin Rodeo Steers
Roping and rodeo, they're true Texas sports. But like all
competitions, there are rules, particularly if Mexican-origin steers
are involved. "Before being used for roping or rodeos,
Mexican-origin steers must have a negative cattle tuberculosis test in
the U.S. by an accredited private veterinary practitioner,"
reminds Dr. Dan Baca of the Texas Animal Health Commission.
Iraq War Having Little
Impact On Ag Commodity Prices So Far
Markets for most major agricultural commodities are stronger
than they were last year, but prices have declined from peaks last
fall and producers are wondering if the conflict in Iraq will cause
the markets to strengthen. Producers in the process of planting corn,
sorghum, cotton and other crops are finalizing their marketing plans
and would like to establish a price floor for their crops. Iraq was
considered the largest single importer of U.S. corn and wheat prior to
the Gulf war, and producers contend that markets should improve.
Six Cowboys Make Themselves
Contenders For Winter Finale
With time running out to qualify for the Winter ProRodeo
Tour Finale June 12-14 in Las Vegas, several cowboys made themselves
instant contenders for the event after solid performances at the
Tour's sixth stop at the Laughlin (Nev.) River Stampede, which
concluded Sunday.
Domestic Wool Trade Slow,
Off, Market Improves In Australia
Domestic wool trading turned slow as foreign wool prices
continued to decline and currency markets closed lower. Demand was
light with reported prices 10-25 cents lower on a clean basis. The
broad demand of several weeks ago turned narrow and buyers were
reluctant to purchase wool due to the uncertainty in world prices.
Slaughter Prices Traded
Steady Last Week, Boxed Beef Higher
Slaughter cattle traded steady on a live basis last week and
firm on dressed sales.
Bullish On-Feed Report,
Grass Improve Feeder Cattle Markets
|Feeder steers and heifers sold steady to $3 higher last
week; several areas found calves $2-5 higher.
Superior Livestock Video
Sale Offering Totals 21,000 Cattle
|Superior Livestock Auction offered more than 21,000 feeder
cattle from 23 states in their regular video auction. Yearling steers
sold $2-3 higher, heifers $1-2 higher and calves $5-7 higher.
Coleman Feeder Steer,
Heifer Prices Higher
Feeder steers and heifers sold steady to $1 higher,
slaughter cows and bulls $1-2 higher, stock cows and pairs steady.
Receipts totaled 669 head.
Colorado City Feeder
Cattle Prices Steady
Feeder steers and heifers sold steady, slaughter cows
steady, bulls $1-2 higher, stock cows and pairs $10-20 higher.
Receipts totaled 470 head.
Cuero Feeder Steer, Heifer
Trade Mixed
Feeder steers and heifers sold mixed, some higher, others
lower, slaughter cows $1 lower, bulls higher. Receipts totaled 1183
head.
Lampasas Feeder Steer,
Heifer Prices Higher
Feeder steers and heifers sold steady to $1.50 higher,
slaughter cows and bulls $1-2 lower. Receipts totaled 585 head.
Goldthwaite Feeder Lambs,
Goats Steady
Feeders lambs sold steady on a light test, slaughter lambs
$3-5 lower, lightweights steady; slaughter goats steady to weak.
Receipts totaled 2500 head.
Most Mason, San Saba
Feeder Calves Lower
Lightweight feeder steers and heifers sold $1-2 lower last
week in Mason and San Saba, heavyweights steady, slaughter cows and
bulls steady to $2 lower, stock cows and pairs steady. Receipts
totaled 631 head at the two sales.
Abilene Feeder Steers,
Heifers Steady To Up
Feeder steers and heifers sold steady to $1 higher, the
advance on weights over 500 pounds, slaughter cows and bulls $1-2
higher, stock cows and pairs steady to firm. Receipts totaled 1123
head.
Fredericksburg Feeder
Cattle Prices Strong
Feeder steers and heifers sold strong, slaughter cows and
bulls $1-2 higher. Receipts totaled 568 head.
Hamilton Lambs Steady,
Feeder Cattle Higher
Lambs and kids sold steady Monday, ewes higher, nannies
lower. Receipts totaled 1621 head. On Tuesday feeder steers sold $2-5
higher, heifers $1-4 higher, slaughter cows and bulls steady. Receipts
totaled 311 head.
Decatur Lightweight
Calves Move Higher
Feeder steer and heifer calves sold $2-4 higher, over 400
pounds steady, slaughter cows and bulls steady, stock cows and pairs
steady. Receipts totaled 937 head.
U.S. Meat Production 1.3%
Above A Year Ago
Total red meat production under federal inspection last week
was estimated at 858 million pounds, 3.1 percent less than a week
earlier and 1.3 percent more than a year ago. Cumulative meat
production for the year to date was down .4 percent at 11.05 billion
pounds.
Angelo Feeder Lambs
Steady, Cattle Higher
Feeder lambs sold steady this week, slaughter lambs weak to
$5 lower, slaughter ewes weak to $2 lower; nanny goats and kids were
weak. Receipts totaled 11,100 head, around 35 percent slaughter ewes,
30 percent feeder lambs, five percent slaughter lambs and 30 goats.
Fredericksburg Feeder
Lambs Hold, Goats Off
Feeder lambs sold steady, slaughter lambs $3-5 lower,
slaughter goats $3-5 lower. Receipts totaled 3477 head.
Junction Lambs, Kids
Lower, Others Steady
Most sheep and goats sold steady except lambs $5-8 lower and
kids $3-5 lower. Receipts totaled 1859 head.
Boxed Beef Values Move
Up Slightly
The national comprehensive boxed beef cutout report on all
fed steers and heifers sold last week showed a 57-cent rise to
$122.68.
Loose Ends
Letter To The Editor
Coming
Up...
April 4 —
3rd Annual Spring Replacement Sale, Luling Livestock Auction, Luling,
Texas. April 5 —
Gardiner Angus Ranch’s 24th Annual Production Sale, at the ranch,
Ashland, Kansas. April 5 —
Camp Cooley Ranch Inaugural Customer Appreciation Sale, at the ranch,
Franklin, Texas.
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