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Packer Lamb Prices Vary, None Higher
Slaughter lamb prices across the country were reported anywhere from
steady to as much as $10 lower this week. The northern markets
called their lambs steady, while Texas lambs were steady to lower
depending on weight. Fredericksburg feeder lambs sold steady to
firm.
Plains
Feedlots Want $87 Market
After $2 Rise To $85 Last Week
Plains feedlots put $2 on the fed cattle market last week and moved
substantial numbers at $85. Bids this week are $82 against asking
prices of $87 or better.
Slaughter Meat Goat Prices
Lower In Most Recent Trading
Slaughter meat goat prices had a lower tone in most recent trading.
San Angelo and Goldthwaite were mostly steady on heavies but called
lightweights $5-10 lower and $10-20 lower, respectively.
Fredericksburg was $5-10 lower and New Holland, Pennsylvania $10-12
lower per head. Hamilton went unreported.
RANGE SALES
Cattle Market Tied
To Economy
Now More Than Ever In The Past
Cattle-Fax analyst Mike Miller told those attending the recent Texas
and Southwestern Cattle Raisers annual convention that his 45-minute
allotted time for giving an update on the cattle market might be
better spent in prayer.
NCBA Lobbyist
Offers Thoughts
On Obama Administration So Far
Collin Woodall is chief lobbyist for the National Cattlemen’s Beef
Association and also oversees the association’s legislative
strategies. He offered some thoughts on the new administration at
the recent Texas and Southwestern Cattle Raisers Association annual
meeting here.
Ag Loan Money Said Plentiful,
But So Are Borrowing Hurdles
Jason Henderson says forecasts call for a rebound in the economy
sometime in 2010 or 2011, but even then growth will be only about a
quarter to half a percent.
Inadequate Funding Crippling Fever
Tick Eradication Program
Lack of funding has the Fever Tick Eradication Program handicapped,
with the program generally receiving about a third of the necessary
funds.
TPWD Proposes Extended Season
And Increased Dove Bag Limit
Changes proposed for the 2009-10 Texas dove season include a 70-day
season and 15-bird daily bag statewide, pending adoption of federal
guidelines.
Planting Intentions Show Corn,
Cotton And Wheat Down; Beans Up
The much-anticipated U.S. planting intentions report, released on
March 31, indicated that farmers intend to plant 1.2 percent less
corn, 6.9 percent less cotton, 7.1 percent less wheat, and slightly
more soybeans than last year. The report was within the range of
market expectations and was generally market neutral-to-bullish for
grains, soybeans, cotton, and feeder cattle. But, the market remains
volatile.
Recent Blizzard Kills 3500 Cattle In Texas
About 3500 head of cattle died during the blizzard that recently
blasted the Texas Panhandle with as much as a foot of snow,
officials said last week.
Angelo Light Packer Lambs Weak To Lower
Light slaughter lambs were weak to $3 lower Tuesday, slaughter ewes
steady, kid goats mostly steady, a few lightweights $5-10 lower,
nannies weak to $5-10 lower with the most decline on thin nannies.
Sheep and goat receipts were an estimated 6500 head.
Athens Feeder Steer, Heifer Prices Firm
Feeder steers and heifers were firm, slaughter cows $2-3 lower,
slaughter bulls $3-4 higher. Receipts totaled 940 head.
Beeville Sells 707 Head Of Cattle
No market comparison was available on cattle receipts of 707 head.
Boxed Beef Cutout Prices Trend Lower
The national comprehensive boxed beef cutout report for last week
showed prices down $1.02 from the previous week at $135.30. A year
ago the cutout value was $139.70.
Buffalo Feeder Cattle Price Trends Steady
Feeder steers and heifers were steady on offerings not as attractive
as the previous week, slaughter cows $3 higher, slaughter bulls $4
higher. Receipts totaled 1131 head.
Clifton Feeder Cattle Trade Mostly Steady
Feeder steers and heifers were mostly steady, instances $1-2 higher,
slaughter cows and bulls $3 higher. Receipts totaled 1092 head.
Light Coleman Feeder Steers $3-5 Higher
Feeder steers under 500 pounds were $3-5 higher, over 500 pounds
steady to $1 lower, heifers under 500 pounds $3-5 higher, over 500
pounds steady to $2 higher, slaughter cows and bulls $2-4 lower,
replacement cows and pairs steady to $100 higher. Receipts totaled
2340 head.
Light Crockett Feeder Cattle Steady To
Firm
Feeder steers and heifers under 500 pounds were steady to firm, over
500 pounds $2-3 higher, slaughter cows $1-2 lower, slaughter bulls
steady. Receipts totaled 1515 head.
Dalhart Heavy Feeder Cattle $2-4 Higher
Feeder steers and heifers under 600 pounds were firm to $2 higher,
over 600 pounds $2-4 higher, slaughter cows firm to $2 higher.
Receipts totaled 1511 head.
Edinburg Feeder Steer, Heifer Prices
Steady
Feeder steers and heifers were steady, slaughter cows steady to $1
higher, slaughter bulls steady. Receipts totaled 1415 head.
Emory Feeder Steer Prices $3-5 Lower
Feeder steers were $3-5 lower, heifers steady to $2 lower, slaughter
cows $2-3 lower, slaughter bulls steady to $2 lower. Receipts
totaled 1000 head.
Fredericksburg Feeder Lambs Steady To
Firm
Stocker and feeder lambs were steady to firm, light slaughter lambs
$5-10 lower, heavyweights steady, slaughter goats $5-10 lower.
Receipts totaled 2777 head.
Lighter Packer Lambs Steady At
Goldthwaite
Light slaughter lambs were steady, heavyweights $5-10 lower,
slaughter goats steady except lightweights $10-20 lower. Receipts
totaled 2320 head.
Graham Heavy Steer Prices $1-2 Higher
Feeder steers under 500 pounds were steady to $3 higher, over 500
pounds $1-2 higher, heifers under 500 pounds $3-6 higher, over 500
pounds $2-5 higher, slaughter cows and bulls steady to firm,
replacement cows and cow-calf pairs $25-50 higher. Receipts totaled
858 head.
Imported Meat About Even With Last Year
Imported meat for the week ending February 21 totaled 22,216 metric
tons. This compares to 22,204 metric tons for the same period last
year. The following figures represent metric tons.
Industry Feeder Cattle Steady To $2
Higher
Feeder steers and heifers were steady to $2 higher, slaughter cows
$3-4 higher, slaughter bulls $1-2 higher on limited offerings.
Receipts totaled 995 head.
San Saba And Mason Stocker Steers Steady
Mason and San Saba stocker heifers were $1 higher, stocker steers
steady, feeder steers and heifers steady, packer bulls $3 higher,
packer cows $2 higher. Receipts totaled 968 head for the two sales.
Mason Special Sale Offers 1424 Females
In a special replacement female sale, cow-calf pairs, brought mostly
$900-1125, three-in-one pairs, $1100-1235, and bred cows $800-900 on
a limited offering. Bigger and better bred heifers brought
$750-$900, mostly fall-calvers, open heifers $550-700, one set of 50
open tigerstripes $850. Receipts totaled 1424 head.
Lampasas Feeder Cattle
Unevenly Steady To Firm
Feeder steers and heifers were unevenly steady to firm, instances
$2-3 higher, slaughter cows $5-6 higher, slaughter bulls $5 higher.
Receipts totaled 626 head.
Mohair LDP Drops, Wool Is Unchanged
WASHINGTON — As of Wednesday the LDP for mohair declined to $1.21.
The LDP for ungraded wool remained unchanged at 29 cents.
Lockhart Feeder Cattle Prices Quoted
Steady
Feeder steers and heifers were steady, slaughter cows and bulls $2-4
higher. Receipts totaled 548 head.
McKenzie Range Bull Sale Averages $2123
The second annual McKenzie Land & Livestock range bull sale averaged
$2123 on 78 head of registered and commercial Angus bulls for a
total of $165,594.
Milano Feeder Cattle Prices Mostly Steady
Feeder steers and heifers were mostly steady, slaughter cows steady
to $1 higher, slaughter bulls steady. Receipts totaled 791 head.
Red Meat Production 2.3% Below A Year Ago
Total red meat production under federal inspection last week was
estimated at 927.4 million pounds, 1.4 percent higher than the
previous week and 2.3 percent lower than last year. Cumulative meat
production for the year to date was 4.2 percent lower than last
year.
Nation’s Feeder Cattle Prices
Reported Steady To $2 Lower
Feeder steers and heifers sold steady to $2 lower across the country
last week, stocker cattle unevenly steady.
Navasota Feeder Cattle Steady To $2 Lower
Feeder steers and heifers were steady to $2 lower, slaughter cows
steady, slaughter bulls steady to $4 higher. Receipts totaled 2713
head.
Most Pleasanton Steer Prices $3-6
Higher
Feeder steers $3-6 higher, instances $10 higher, heifers $2-5
higher, instances $8 higher, slaughter cows steady to weak,
slaughter bulls firm to $4 higher. Receipts totaled 1153 head.
Shiozawa Hopes To Repeat
Win At Upcoming Circuit Finals
Matt Shiozawa remembers everything about his win at last year's
Dodge National Circuit Finals Rodeo as being special.
Three Rivers Feeder Cattle $3-6 Higher
Feeder steers were $3-6 higher, instances $10 higher, heifers $4-6
higher, slaughter cows firm to $2 higher, slaughter bulls firm.
Receipts totaled 1790 head.
Tulia Feeder Cattle Prices $4-6 Higher
Feeder steers and heifers were $4-6 higher, slaughter cows and bulls
$1-2 higher. Receipts totaled 3667 head.
Domestic Wool Moderate,
Aussie Market Higher
Domestic wool trading on a clean basis was moderate last week, with
200,000 pounds of confirmed sales. Demand was very light to light.
Texas and New Mexico prices are from an auction and are offered
bids, not confirmed sales.
Loose Ends
Letter to the Editor
Hindsights
Coming Up...
April 10
— Springer and Old Crop Lamb Sale,
Mills County Commission Company, Goldthwaite, Texas.
April 10-12
— 1st Annual Western Classic Sheep and Dog Trials, The
Coliseum, Snyder, Texas.
April 16
— Special Cow Sale, Producers
Livestock Auction, San Angelo, Texas.
April 16
— Special Bull Offering, Jordan
Cattle Auction, San Saba, Texas.
April 17
— Stocker Ewe Sale, Mills County
Commission Company, Goldthwaite, Texas.
April 17-18
— Spring Horse Sale, Roswell Livestock Auction, Roswell, New Mexico.
April 17-18
— Bud Williams Livestock Marketing School, Killeen, Texas.
April 18
— Special Horse Sale, Western
Livestock Auction, Midland, Texas.
April 18
— Texas State Shorthorn Association
State Sale, Texas Cattle Exchange, Eastland, Texas.
April 25
— Uvalde Special Catalog and Open
Horse Sale, Southwest Livestock Exchange, Uvalde, Texas.
April 27
— Roswell Wool Sale, Roswell, N.M.
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