| Vol. 48 -
No. 21 |
Thursday,
May 23, 1996 |
$25
Per Year |
Fat Lambs Move Higher, Feeders Hold
Fat lambs generally moved higher across the country this
week in response to a big jump in carcass values last week. Feeder
lambs held fairly steady due to high feed costs.
Fed Cattle Trade Struggling Despite
Bullish On-Feed Data
The slaughter cattle trade just can’t seem to get
untracked. Its recovery less than a month ago from market lows in the
mid-50s was dramatic, but feedlots were never able to turn that
rebound into a sustained drive. Last week’s midsession stalemate had
the earmarks, at least briefly, of a neck-bowing, but the week ended
with a large surge of sales at a basically steady $60.
Plains Feedlot
Sales
Range Sales
Ranch To Rail Cattle
Moving Out Ahead Of Previous Years
As May appeared on the calendar this spring, 164 head of
cattle in Randall County Feedyard were all that was left of the fifth
annual Ranch to Rail North program.
USDA Suspends Sheep
Checkoff; Lines Drawn For Second Vote
U.S. sheep producers received a major surprise late last
week when the U.S. Department of Agriculture announced the suspension
of the Sheep and Wool Promotion, Research, Education and Information
Order which became effective May 3.
Idaho Rancher’s Bid Prevails Over
Eco-Activist’s Challenge
Anti-grazing activist Jon Marvel claims he won his war, even
though he lost a bidding battle.
Bareback Rider Off To Best
Start In Three-Year Career
Three must be Lan LaJeunesse’s lucky number. The 25
year-old bareback bronc rider from Morgan, Utah, is having what looks
to be the most successful year of his three-year career; LaJeunesse
won two rodeos and tied for first place at a third during the past two
months.
Cattle On Feed Down 6 Percent May 1 In
Seven Leading States
Cattle and calves on feed for slaughter May 1 in the seven
leading feeding states totaled 7.76 million head, down six percent
from May 1 of last year and slightly below the same date in 1994.
Texas Fed Cattle Prices
Lower, Bulk Of Trading Seen Thursday
Slaughter steers and heifers closed mostly $1 lower in Texas
Panhandle and Western Oklahoma feedlot trading last week. Trade was
slow except on Thursday, when most of the cattle traded hands.
Feeder Cattle Prices
Continued To Move Upward Again Last Week
Feeder steers and heifers sold steady to $2 higher,
instances $3 up. Buyers seemingly ignored sharp price gains for corn,
buoyed by hopes that fed cattle prices would work up and the forecasts
of a bullish cattle on feed report to come later in the week. However,
by late week, fed cattle sales in the large direct areas were finally
completed at $61, which was considered $1 lower.
Cattlemen Want Funds Pulled
From Eco Group
The National Cattlemen's Beef Association has urged a House
Resources Subcommittee to recommend pulling federal funding from the
National Fish and Wildlife Foundation.
Price Trend Varied By Weights In
Angelo Special Feeder Sale
Steers and heifers under 600 pounds were weak to $2 lower
Monday in the season’s first special feeder sale at Producers
Livestock Auction, heavier weights steady to $1 higher.
Superior Livestock Video
Sale Offering Totals 13,000 Cattle
Superior Livestock Auction offered nearly 13,000 cattle from
18 states in their regular video auction here.
Domestic Wool Slow, Steady,
Aussie Wools Sharply Higher
Trading on domestic wool was slow to moderate last week at
steady prices. Demand was light to moderate, most of the trade waiting
for the USWMA sale on Monday.
Angelo Feeder Lambs Higher, Cattle Weak
Feeder lambs sold steady to $1 higher this week, slaughter
lambs not well tested, slaughter ewes firm to $2 higher. Receipts
totaled 14,022 head.
Most Lampasas Cattle Prices
Moved Higher
Feeder steers and heifers sold mostly $1-3 higher, slaughter
cows $1 higher, bulls $2-3 higher, stock cows and pairs fully steady.
Receipts totaled 1400 head.
El Reno Fat, Feeder Lamb
Prices Higher
Feeder lambs sold firm to $1 higher, slaughter lambs steady
to $2 higher, slaughter ewes steady to $3 lower. Receipts totaled 2000
head.
Kansas Direct Feeder
Cattle Trading Slow
Feeder steers and heifers selling direct off Kansas range
were too limited for a market test. Sales were confirmed on 5042 head.
Junction Feeder Lambs, Stock
Angoras Higher
Feeder lambs sold steady to $2 higher, slaughter lambs
untested, slaughter ewes steady to $1 higher; stock Angora nannies and
muttons $1-2 higher, kids steady, slaughter nannies and muttons steady
to $1 higher, fat kids and yearlings generally steady; Spanish kids
over 35 pounds $3-5 higher, small kids steady, nannies, muttons and
billies $2-4 higher. Receipts totaled 5700 head.
Brownwood, San Saba, Mason
Feeders Steady
Heavyweight feeder steers sold steady in Mason, Brownwood
and San Saba last week, better lightweights steady, plain kinds lower,
slaughter cows steady, bulls steady to lower, and stock cows steady.
Receipts totaled 3966 head at the three sales.
Hindsight
Loose Ends
Letters To The Editor
Unregistered Bull
in a Hotel Lobby
Choice gleanings from 45-plus years of
Unregistered Bull.
"It’s a funny thing," mused John, "how the weather
affects people. "I’ve heard that in the big cities the cops get
ready for plenty of trouble when the weather gets real still and hot.
They say they can expect a lot of extra calls in cases ranging from
serious crimes to domestic difficulties caused by a man’s wife
suddenly turning a pot of beans upside down on his head.
On The Edge Of
Common Sense
By Baxter Black
We must sell it, I told Mother,
for we really have no other choice.
The price is much too dear to harbor any doubt.
And though I know we'll miss it the time has come to kiss it
goodbye and find another place a little further out.
Pokin' Fun
By Doc Blakely
The Confederate Air Force, based in Midland, Texas, is a flying
museum. Some of the relics are flown, others do the flying. All prove
the old saying that, "The South will rise again." The object
of the association is to preserve aircraft from 1939 through 1946 that
were used in the military. They have American, British, German,
Japanese, and other fighters, bombers, etc.
Shortgrass
Country
By Monte Noelke
Last week, two baby calves crawled through a hole in the fence
between a couple of our neighbors. I heard them early one morning
bawling for their mothers across a top wire low enough for a
short-legged man to straddle and pass over. When the most strenuous act
an animal does is licking cottonseed meal crumbs off the tailgate of a
pickup, they lose the will to cross a piece of net wire to claim their
calves.

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