| Vol. 48 -
No. 27 |
Thursday,
July 4, 1996 |
San Angelo,
Texas |
Sheep, Lamb Trade Goes On
Holiday
Sheep and lamb trading almost came to a standstill this week
in observance of the Fourth of July holiday. Most Texas markets were
closed for the week.
Fat Cattle Put Money Back
On, Many Feedlots Holding For $64
Plains fed cattle prices staged an impressive rally this
week, recouping last week’s $1 loss and adding another $2 for good
measure. At presstime the trade was still going hot at $63, and many
feedlots were adamant about holding for $64.
Plains Feedlot
Sales
Range Sales
Etbauer Brothers Giving Back To Program
That Launched Them
"Slow back, snap forward," Dan Etbauer tells
saddle bronc rider Thomas McGraw, who sits astride a wooden mount
behind the bucking chutes. "Concentrate on those spurs. It's like
trying to click your heels through that sonuvagun's neck."
Industry Spokesmen
Offering Positive Outlook For Cattle
Analysts are somewhat bullish about the future of the cattle
industry, which is currently suffering from high feed costs, low
retail beef prices and a lingering drouth in the Southwest.
Beetles In Hay May Have
Killed Horses
Hay contaminated with blister beetles may have caused
several horse deaths, a veterinarian warns.
Governor Halts Brand
Inspection Transfer
Gov. Jim Geringer has declined to sign a brand inspection
contract awarded to a Cheyenne firm, citing irregularities in the
bidding process, his policy director said.
Joe Beaver Will Be Sidelined
Longer Than First Anticipated
Calf roper Joe Beaver, Huntsville, Texas, is expected to be
sidelined from rodeo competition for six to eight weeks with a broken
wrist, says the Professional Rodeo Cowboys Association.
Most Feeder Cattle Prices
Higher Across The Country
Feeder steers and heifers around the country generally sold
steady to $2 higher last week, though calves in several places were
steady to $2 lower.
Superior Livestock Video
Sale Offering Totals 30,000 Cattle
Superior Livestock Auction offered nearly 30,000 head of
feeder cattle in their regular video sale here. Trading was termed
active and prices steady to strong, delivery current through this
fall.
Texas Fed Cattle Off Again
In One-Day Trading Affair
Slaughter steers and heifers closed $1 lower in Texas
Panhandle and Western Oklahoma feedlot trading last week. Trading was
active on Tuesday, slow the rest of the week.
Domestic Wool Slow, Steady,
Aussie Finewools Prices Up
Trading on domestic wool was generally slow last week,
limited sales mostly steady. Private treaty sales in Texas during the
past few weeks moved approximately 750,000 pounds; 12-month 64s
brought 70-85 cents grease, f.o.b. warehouses, a few high yielding
lots 85-91 cents, low yielding lots as well as crossbred 58s to 62s
50-70 cents and blackface 20-35 cents.
Angelo Feeder Steer, Heifer
Prices Lower
Feeder steers and heifers sold steady to $1 lower last week,
slaughter cows and bulls steady, stock cows and pairs steady. Two day
receipts totaled 4505 head.
Kansas Direct Feeder Cattle
Mostly Steady
Feeder steers and heifers sold mostly steady in Kansas
direct trade last week, a few 800-900 pound steers firm to $1 higher.
Fredericksburg Feeder Steer
Prices Off $1-3
Feeder steers sold $1-3 lower, heifers steady, slaughter
cows and bulls $1-2 higher. Receipts totaled 1736 head.
Most San Saba Cattle Prices
Steady To Up
Feeder steer and heifer calves sold steady, yearlings steady
to strong, slaughter cows steady, bulls strong, stock cows and pairs
steady. Receipts totaled 953 head.
Cuero Cattle Prices Only
Lightly Tested
Cattle receipts totaled 937 head, too few of any class for
an accurate price test.
U.S. Meat Production 4.8%
Below A Year Ago
Total red meat production under federal inspection last week
was estimated at 810 million pounds, 1.2 percent more than a week
earlier but 4.8 percent less than a year ago. Cumulative meat
production for the year to date was 1.3 percent more than for the same
period a year ago.
Most Lampasas Feeder Cattle
Prices Steady
Feeder steers and heifers sold steady, instances $1-2
higher, slaughter cows and bulls steady. Receipts totaled 1375 head.
El Reno Feeder Lambs Sold
Lower Last Week
Feeder lambs sold steady to $2 lower, slaughter lambs
untested, slaughter ewes generally steady. Receipts totaled 900 head.
Hindsight
Unregistered Bull
in a Hotel Lobby
Choice gleanings from 45-plus years of
Unregistered Bull.
John was shaded up in the lobby as usual, like an old buck by a
water hole. "I suppose," I ventured, "you spent a safe
and sane Fourth of July?"
On The Edge Of
Common Sense
By Baxter Black
It should not go unnoticed or unrecognized that President
Clinton "beefed" up the school lunch program. As I
understand it, for the school year '96-'97 he enacted an
earlier-than-usual purchase of $50 million worth of beef to stimulate
the sinking cattle market. That will bring the projected total for
'96-'97 school year to $163 million. Last year, '95-'96, $150 million
was approved for the school lunch program.
Pokin' Fun
By Doc Blakely
Well it has happened again. The 220th birthday of America got
here and the noise of the celebration was enough to crack another
Liberty Bell. It's really a wonder it has lasted this long because even
the people who hate this country live here. They try to overthrow the
government and people just stick a piece of cake in their mouth and
yell, "Happy Birthday."
Shortgrass
Country
By Monte Noelke
Three principal art museums fit into the Philadelphia trip last
month. The hotel provided the tickets to the Museum of Fine Arts and the
Museum of American Art. However, the third place, the Barnes Collection
of some 2000 paintings, was not only outside the city, but runs on a
first-come, first-served policy. Gates open at 9:30 am. and the
maitre’d of the Ritz Carlson Hotel couldn't finagle an advance ticket
for Mr. and Mrs. Bill Clinton, much less a hotel guest from Texas. No
more than 100 people are permitted in the old Barnes mansion at a time.
To be at the gates beforehand takes an early morning train ride and a
mile or so walk to the property to wait in line.

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