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Plains Feedlots, Packers
Far
Apart On Dollars At Midweek
Packers were offering $84 for fed cattle at midweek against asking
prices ranging from $88 to $90. Last week’s market sifted out at
$85-85.50.
Feeder
Lambs Steady,
Fats Trend Higher
Feeder lambs were steady in markets
that were able to generate high enough numbers to call a trend.
Slaughter lambs were able to garner higher prices across the country
with some markets quoting prices $10 higher. Meat was higher on
light carcasses, those above 65 pounds $2-3 lower. Slaughter ewes
were called firm to $10 higher.
Slaughter Meat Goat Prices
Steady To Higher Most Places
Slaughter meat goat prices were steady to stronger in most areas
over the past week, San Angelo calling trends firm to $5 higher and
New Holland, Penn. $6-10 higher per head.
RANGE
SALES
Courts Eventually To Decide
Groundwater Ownership Issue
Anyone who follows the goings-on in Texas groundwater law and
related legal cases knows that today more than ever before, the
issue of ownership is at the center of most groundwater debates.
Landowner Awarded $6.9
Million
In Highway Condemnation Case
In October, a Travis County court entered judgment on a $6.956
million jury verdict in a state highway condemnation case. The
condemnation verdict for Harrell Ranch represents what is believed
to be the largest condemnation verdict in Travis County.
TCFA Rep Says Fed
Cattle Price
Range Will Be Familiar In 2007
Jim Gill, market director for the Texas Cattle Feeders Association,
expects a low in fed cattle prices of $78 in the first quarter of
2007 and a high in the mid-$90s in the fourth quarter.
Immigration Raids
Not Expected
To Threaten Fed Cattle Market
Raids this month on Swift packing plants in six states should not
disrupt the cattle market, but they could have extraordinary
political ramifications.
Army Delays Piñon Canyon
Land
Acquisition Decision To 2009
The Army will not expand its training site at Piñon Canyon in
southeastern Colorado at least until 2009, Colorado's senators
announced last Thursday after meeting with a Pentagon official.
Human-Wolf Encounters
Cause Concern In N.M.
Some residents in southwestern New Mexico are worried about
encounters between children and Mexican gray wolves that have been
reintroduced along the New Mexico-Arizona border.
Researchers Tout Prairie
Grass
As Practical Source For Ethanol
With world demand for both food and fuel projected to double in the
next 50 years, researchers at the University of Minnesota are
looking for ways to take the burden off of corn as a source of fuel
in ethanol.
S.D. Stockgrowers Group
Opposes
Plan To Enlarge Badlands Park
The South Dakota Stockgrowers Association, holding to its belief
that the federal government doesn't need any more land in the state,
is opposing a proposal by Badlands National Park to acquire about
10,000 acres.
Profitability Likely
In Grain Markets
For Next Several Years
Grain producers can look forward to a profitable market for several
years, but cattle producers must work through some shocks in the
market, a Texas Cooperative Extension specialist says.
Brazile Wins Fourth
All-Around
And Fifth World Rodeo Title
Five cowboys had already clinched world titles heading into
Saturday's 10th and final round of the Wrangler National Finals
Rodeo, but there was no shortage of drama as contestants in three
events sweated it out until the very end.
South Korea Rejects More
Beef,
Johanns’ Response Swift, Blunt
The government of South Korea recently rejected the third of three
shipments of U.S. beef, again citing small bone fragments as its
reason.
Supreme Court To Hear
Wyoming
Case On Conduct Of BLM Agents
The U.S. Supreme Court has agreed to decide some issues from a case
in which a Wyoming rancher charges that employees with the U.S.
Bureau of Land Management stripped him of his federal land grazing
permits because he refused to give the agency easements over his
land.
Pleasanton Feeder Cattle $2 Higher
Feeder steers and heifers were $2 higher, slaughter cows $2-3
higher, bulls $1-4 higher. Receipts totaled 707 head.
Three Rivers Cattle Steady To $3 Higher
Feeder steers and heifers were steady to $3 higher, slaughter cows
steady to $2 higher, bulls firm. Receipts totaled 1230 head.
Angelo Sheep Steady, Feeder Cattle Firm
Slaughter lambs sold steady, slaughter ewes steady, kids goats firm
to $5 higher, nannies firm. Receipts totaled 9200 head.
Graham Feeder Cattle
Prices Mostly Lower
Feeder steers and heifers under 500 pounds were $3-6 lower, over 600
pounds $1-3 lower, slaughter cows and bulls $1-2 higher, replacement
cows and cow-calf pairs untested. Receipts totaled 933 head.
Beeville Steers Gain, Heifers Trend
Lower
Feeder steers were steady to $3 higher, heifers $2-3 lower,
slaughter cows steady to $3 lower. Receipts totaled 873 head.
Lockhart Feeder Cattle Prices Mostly
Steady
Feeder steers and heifers were steady to instances $1-2 higher,
slaughter cows steady, bulls $1-2 lower. Receipts totaled 1136 head.
USDA Wool And Mohair
LDP Rates Unchanged
As of Wednesday, the USDA loan deficiency payment for mohair
remained at 46 cents per pound.
Tulia Feeder Steer, Heifer Prices
Mixed
Feeder steers and heifers under 500 pounds were $2-3 lower on
limited numbers, over 500 pounds steady to $2 higher, slaughter cows
and bulls steady to $3 lower. Receipts totaled 3944 head.
Hamilton Lambs Down, Steers Steady To Up
Lambs sold $5 lower Monday, ewes $5 higher, kid goats steady,
nannies steady. Sheep and goat receipts totaled 3011 head.
Red Meat Output 3.8%
Above A Year Ago
Total red meat production under
federal inspection last week was estimated at 945.7 million pounds,
.9 percent higher than the previous week and 1.3 percent higher than
a year ago. Cumulative meat production for the year to date was up
3.8 percent from last year.
Athens Feeder Cattle Prices Decline $2-3
Feeder steers and heifers were $2-3 lower, slaughter cows and bulls
steady to firm. Receipts totaled 1747 head.
Dalhart Feeder Steers Sell Steady To
Higher
Feeder steers under 600 pounds sold $2-4 higher, over 600 pounds
mostly steady, heifers under 500 pounds $1-3 higher, over 500 pounds
mostly steady, slaughter cows and bulls steady to $2 lower. Receipts
totaled 2485 head.
Boxed Beef Price Soft, Volume Up
The national comprehensive boxed beef cutout report for last week was
off $1.43 compared to the previous week.
Most Navasota Feeder Cattle Prices Lower
Feeder steers and heifers were $2-3 lower, instances to $8 lower.
Receipts totaled 3128 head.
San Saba Special Cow Sale Offers 1832
Head
Receipts at a special replacement sale totaled 1832 head. Cow-calf
pairs brought $1050-1350 per pairs, long bred cows $925-1200, short
bred $800-925, bred heifers $850-1110, some open heifers $600-830.
Nacogdoches Feeder Cattle Steady To
Off
Feeder steers and heifers were steady to $2 lower, slaughter cows
$1-2 lower, bulls steady to $2 higher. Receipts totaled 1036 head.
Superior Livestock Video Sale
Offering Totals 38,066 Cattle
Superior Livestock Auction offered more than 38,066 cattle during
their regularly scheduled video auction.
Coleman Feeder Cattle Prices Mostly Lower
Feeder steers under 500 pounds were $3-5 lower, over 500 pounds $2-3
lower, heifers steady to $2 lower, yearlings $1-2 lower, slaughter
cows and bulls steady to $2 lower, replacement cows and cow-calf
pairs $50-100 lower. Receipts totaled 1746 head.
Goldthwaite Lamb, Goat Prices Mixed
Lightweight slaughter lambs were steady to weak, heavyweights $5-10
higher, lightweight slaughter goats steady to firm, heavyweights
$5-7 lower. Receipts totaled 4203 head.
Imported Meats 10% Below A Year Ago
Imported meat and poultry for the
week ending November 4, 2006 totaled 26,439 metric tons, which is
approximately 58.2 million pounds. A year ago imports totaled 23,953
metric tons. The following are in metric tons.
Nation’s Feeder Cattle Prices
Steady To $3 Higher Last Week
Feeder steers and heifers sold steady to $3 higher across the
country last week. A few places were lower, but their volume was
insufficient to gain mention in a national report.
Fredericksburg Feeder Steers, Heifers
Steady
Feeder steers were steady, heifers steady, slaughter cows and bulls $2-3
higher. Receipts totaled 1706 head.
San Saba And Mason Feeder Cattle Up $2
Stocker steers and heifers sold steady in Mason and San Saba, feeder
steers and heifers $2 higher, packer cows and bulls steady. Receipts
totaled 2274 head at the two sales.
Most Lampasas Steer, Heifer Prices
Steady
Feeder steers and heifers were steady, slaughter cows steady,
slaughter bulls $1-3 higher. Receipts totaled 1202 head.
Loose Ends
Hindsights
Coming Up...
December 26 — Offices Of Livestock Weekly Will Be Closed In Honor Of The
Christmas Holidays.
January 4
— First Cattle Sale Of 2007, Producers Livestock Auction, San
Angelo, Texas.
January 8 — Special Stocker and Feeder Sale, Jordan Cattle Auction,
Mason, Texas.
January 11 — Premium Weaned Calf Sale, Jordan Cattle Auction, San Saba,
Texas.
January 11 — Special Stocker and Feeder Sale, Jordan Cattle Auction, San
Saba, Texas.
January 11 — First issue of Livestock Weekly for 2007.
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