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Plains
Feedlots Asking $94-95
After Steady Market Last Week
Plains feedlots sold for basically steady money last week at mostly
$92. Bids this week have been $90 against asking prices of $94-95.
Sheep
Markets Continue
Mixed Price Trends
Sheep markets were aimless again for the most part this week no
significant price movements on any particular class. Increased feed
costs continue to weigh heavily on traders.
Slaughter Meat Goat Prices
Range From Higher To Lower
Slaughter meat goat price trends were all over the map in recent
sales. Fredericksburg called prices steady, Junction $1-3 lower and
San Angelo weak to $5 lower. On the other side of the line,
Goldthwaite was $3-5 higher, Hamilton $10 higher and New Holland,
Pennsylvania $8-12 higher per head.
RANGE SALES
Appraisers Report
Few Changes
In Texas Rural Land Trends
Each year the Texas Chapter of the Society of Farm Managers and
Rural Appraisers presents an overview of trends in Texas rural land
values at the annual Outlook for Texas Land Markets conducted by the
Real Estate Center at Texas A&M University.
Glycerin From Bio-Diesel Plants
May Prove To Be Useful As Feed
While there has been much talk about feeding distiller's grains, a
co-product of the ethanol process, Garrett Parsons says a co-product
of biodiesel also may hold some potential for cattle feeding.
A&M Economist Offers Update
On Pending Farm Legislation
Texas A&M Extension economist Joe Outlaw offered the latest update
on the farm bill saga to those attending the recent 18th annual
Outlook for Texas Land Markets hosted by the Real Estate Center.
Korean Officials Assure Public
Recent Beef Deal Has Loopholes
South Korea will halt imports of U.S. beef if a BSE case is reported
in the U.S., ag minister Woon-Chun Chung said in a parliamentary
hearing Wednesday regarding the April 18 U.S.-South Korea beef deal.
Grandmother Holds Ranch Intact
For Sake Of Future Generations
It's a family thing. Patricia "Pat" Youngblood takes a long view for
her ranch here in the Texas Panhandle. She now runs the ranch that
her grandparents settled more than a century ago, and her goal is
maintaining the place and keeping it profitable for her
grandchildren.
Unusual Events Add Excitement
To Calf Roping In New Mexico
The fourth annual Joe’s Boot Shop Calf Roping this past weekend drew
just shy of 400 ropers over three days. Everyone from kids to
professionals competed, but the last day featured the open roping as
well as several odd and crowd-pleasing events.
TCFA Rep Lauds Korea Opening,
Warns Of Other Cattle Issues
With cattle feeders losing as much as $250 a head, Ross Wilson is
looking for a silver lining in a cloud, any cloud.
Gonzales County Is Waist-Deep
In Burgeoning Water Conflicts
Gonzales County has a water problem. That problem is San Antonio.
Light Abilene Feeder Cattle Increase $1-2
Feeder steers and heifers under 500 pounds were $1-2 higher, over
500 pounds steady to firm, slaughter cows and bulls steady,
replacement cows and cow-calf pairs $150 higher. Receipts totaled
937 head.
Angelo Feeder Lambs Steady, Cattle Lower
Feeder lambs were steady on Tuesday, light slaughter lambs weak to
$5 lower, slaughter ewes weak to $2 lower, nannies and kids weak to
$5 lower. Receipts totaled 7638 head.
Athens Feeder Steers,
Heifers Prices Higher
Feeder steers and heifers under 500 pounds were $7-10 higher, over
500 pounds $2-4 higher, slaughter cows and bulls firm to $2 higher.
Receipts totaled 978 head.
Beeville Feeder Steer Prices Steady To $3
Up
Feeder steers were steady to $3 higher, heifers steady to $2 higher,
slaughter cows $2 higher, slaughter bulls firm. Receipts totaled 842
head.
Boxed Beef Cutout Prices Mostly Rise
The national comprehensive boxed beef cutout report for last week
showed prices up $4.05 from the previous week at $151.12. A year
ago, the cutout value was $153.28.
Buffalo Feeder Cattle Prices Get $2-3
Boost
Feeder steers and heifers were $2-3 higher, slaughter cows $1
higher, slaughter bulls steady.
Clifton Feeder Steer, Heifer Prices Steady
Feeder steers and heifers were steady, slaughter cows and bulls
steady. Receipts totaled 643 head.
Coleman Feeder Steers, Heifers $1-2 Higher
Feeder steers and heifers under 500 pounds were $1-2 higher, over
500 pounds steady to firm, slaughter cows and bulls steady to $2
higher, replacement cows $50 lower, cow-calf pairs steady to $100
lower. Receipts totaled 1743 head.
Dalhart Light Feeder Cattle Prices Steady
Feeder steers and heifers under 600 pounds were steady, a firm
undertone on feeders over 600 pounds, slaughter cows and bulls firm
to $2 higher. Receipts totaled 1551 head.
Most Edinburg Steer, Heifer Prices Steady
Feeder steers and heifers were steady, slaughter cows $1 higher,
slaughter bulls steady. Receipts totaled 625 head.
Fredericksburg Feeder Cattle Prices
Improve
Steers sold steady, heifers $1-3 higher, slaughter cows and bulls
$1-2 higher. Receipts totaled 918 head.
Fredericksburg Sheep, Goat Classes
Steady
All represented sheep and goat classes were steady on receipts of
2462 head.
Goldthwaite Packer Lambs, Goats Higher
Lightweight slaughter lambs were $3-5 higher, heavyweights steady,
slaughter goats $3-5 higher. Receipts totaled 2992 head.
Light Graham Feeder Cattle Steady To Off
Feeder steers and heifers under 500
pounds were steady to $2 lower, over 500 pounds steady to $2 higher,
slaughter cows and bulls steady, replacement cows and cow-calf $150
lower. Receipts totaled 1294 head.
Hamilton Lambs Higher, Feeder Cattle
Steady
Lambs sold $15 higher on Monday, ewes steady, kid goats $10 higher,
nannies steady to $5 higher. Receipts totaled 2532 head.
Imported Meat Total 13.7% Off Year Ago
Imported meat for the week ending March 22 totaled 24,504 metric
tons. This compares to 28,394 metric tons for the same period last
year and is a 13.7 percent decrease. The following figures represent
metric tons.
Mason, San Saba Sell Feeder Cattle Steady
Stocker and feeder steers sold steady
in San Saba and Mason, slaughter cows and bulls steady. Receipts
totaled 912 head.
San
Saba Special Sold 3160 Cattle
Pairs ranged $1200-1875, thinner and
mixed-colored and solidmouth pairs $1000-1200, fall-calving bred
cows $900-1310, fall-calving bred heifers $800-1580, smaller heifers
$800-950, open heifers $800-1180, lighter and younger open heifers
$600-$800. Receipts totaled 3160 head. Next replacement female sale
scheduled for Saturday, June 7, 2008, at 10 a.m. in San Saba.
Junction Sheep, Goat Price Trends Uneven
Lambs sold $2-4 lower, ewes and bucks
steady, choice kid goats $1-3 lower, feeder kids $2-5 lower, thin
nannies $2-5 lower, fat nannies steady, billies and muttons steady.
Receipts totaled 2760 head.
Wool LDP
Rises, Mohair Unchanged
As of Wednesday the LDP for mohair remained at 71 cents.
The LDP for ungraded wool, however, rose to 20 cents.
Red Meat Production 8.6% Above Year Ago
Total red meat production under
federal inspection last week was estimated at 976.9 million pounds,
2.6 percent higher than the previous week and 8.6 percent above last
year. Cumulative meat production for the year to date was 6.2
percent higher than last year.
Nation’s Feeder Cattle, Calf
Prices $1-3 Higher Last Week
Feeder calves and yearlings sold
mostly $1-3 higher across the country last week, several auctions
$2-4 higher.
Josh Peek Maintains All-Around
Earnings Lead In PRCA Standings
Josh Peek, Pueblo, Colo., leads the Pro Rodeo all-around competition with
$72,704 in season earnings to date. He is followed by Steven Dent,
Mullen, Neb., with $71,727; Trevor Brazile, Decatur, Texas, $66,680;
Cash Myers, Athens, Texas, $38,708; and Cade Swor, Chico, Texas,
$38,708.
Roswell Wool Sale In Line With Trends
The wool sale at Roswell on April 29 moved an estimated 1.9 million
pounds of wool to a good gathering of buyers from across the country
and China.
Three Rivers Feeder Cattle Steady To Firm
Feeder steers and heifers were steady
to firm, slaughter cows $2-4 higher, slaughter bulls $5 higher.
Receipts totaled 1417 head.
Tulia Feeder Cattle Sell Steady To Firm
Feeder steers and heifers were steady
to firm, instances $2-4 higher on 600-800 pound offerings, slaughter
cows steady. Receipts totaled 3707 head.
Domestic Wool Trading Active,
Most Australian Prices Lower
Domestic wool trading on a clean
basis was active last week with 880,261 pounds of confirmed sales
and 840,501 pounds of unconfirmed sales.
Hindsights
Coming Up...
May 8
— Special Stocker and Feeder
Sale,
Jordan Cattle Auction,
San Saba,
Texas.
May 10
— Spring Replacement Sale, Ogle Ranch, Bowie, Texas.
May 16
— Spring and Oldcrop Lamb Sale, Mills County Commission Company,
Goldthwaite, Texas.
May 17
— Boer Goat Special, Hamilton Commission Company, Hamilton, Texas.
May 19
— Stocker and Feeder Calf
Sale,
Producers Livestock Auction, San Angelo,
Texas.
May 27
— Wool Sale, Roswell Wool, Roswell, New Mexico.
May 31
— Speer Horse Company’s Catalog and Open Consignment Sale, Talpa,
Texas.
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