| Vol. 48 -
No. 29 |
Thursday,
July 18, 1996 |
San Angelo,
Texas |
Feeder Lambs Lower, Fats Up And Down
Feeder lambs continued to face price pressure in most areas
this week, several spots a couple of dollars off. Long-term lambs are
feeling the most decline while fleshy heavies are holding up well.
Fed Cattle Trade Dead
Again As Packers Feed Off Captives
Wednesday was another good opportunity for feedlot managers
to rub elbows with doctors on the golf course, the fourth fed cattle
trading day in a row that saw no trade.
Texas Kid Mohair Beginning To Move
The U.S. Mohair Marketing board sold all its spring kid
mohair at private treaty this week, the first kid hair to move this
year. Superfine kid hair brought $3.50 grease, f.o.b. the warehouse,
No. 1 kid made $3, and No. 2 kid $2.75.
Plains Feedlot
Sales
Range Sales
R.A. Brown Ranch A Family Affair For
Over 100 Years
R.A. "Rob" Brown Jr. and wife Peggy have always dreamed that
they would be able to provide their children an opportunity and a
future in the ranching business. It’s been a struggle, but their
dream has come to fruition.
South Dakota Hail Storm
Wipes Out Crops In 100 Mile Stretch
An Independence Day weekend hail storm with winds gusting
from 70 to 100 miles per hour and pea-size to tennis ball-size hail
caused what is described as "total devastation" to a
three-county area some one hundred miles long and several miles wide.
Pairing Parks, Range
Bills Said Unlikely
Sen. Pete Domenici, R-NM, says adding grazing legislation to
a popular parks bill probably won't work to get his range proposal
passed into law.
USDA Extends Signup On
"Freedom To Farm"
USDA will give farmers extra time to sign up for the new
farm program that replaces traditional crop subsidies with
fixed-but-declining payments.
Cattlemen File Suit Against Packer IBP
Cattlemen from seven states have filed suit in federal court
here against IBP, the nation’s largest beef packer.
Theriot Has Big July Fourth,
Leads All-Around Competition
Calf roper Herbert Theriot made the biggest haul over the
Fourth of July holiday, pocketing more than $17,000 in three events
— calf roping, steer wrestling and team roping. Those earnings
helped boost him into the lead in the PRCA all-around standings,
bypassing Joe Beaver of Huntsville, Texas, by nearly $24,000.
Most Junction Stock Angora
Goats Higher
Feeder lambs sold mostly $2 lower, slaughter ewes and bucks
$2-3 higher, thin kinds steady; stock Angora goats $2-4 higher, kids
steady to $2 lower, slaughter nannies and muttons $2-4 higher, thin
steady; Spanish goats steady. Receipts totaled 6475 head.
Feeder Cattle Prices
Higher, Following Fat Cattle, Futures
Feeder steers and heifers sold steady to $2 higher in most
areas of the country last week. Yearlings, especially those weighing
over 850 pounds, found the best demand as feedyards looked at many
empty pens and the October fed cattle futures contract, which is over
$69.
Texas Slaughter Cattle
Prices Higher In Mostly One-Day Trade
Slaughter steers and heifers sold $1 higher in Texas
Panhandle and Western Oklahoma feedlot trading last week.
Steer, Heifer Prices Higher In Angelo
Special Sale Monday
Steers were firm to $1 higher, heifers 1-2 higher Monday in
the season’s third special feeder sale at Producers Livestock
Auction.
Kansas Direct Feeder Steer
Prices Higher
Feeder steers sold steady to $2 higher in Kansas direct
trade last week, heifers scarce. Kansas weather has been cool, and
some rain has fallen over most of the state. Sales were confirmed on
18,458 head.
Angelo Feeder Lambs Lower,
Cattle Higher
Feeder lambs sold weak to $2 lower this week, slaughter
lambs untested, slaughter ewes $3-4 higher. Receipts totaled 11,040
head.
Llano Feeder Steers,
Heifers Sell Higher
Feeder steers sold steady to $3 higher, heifers $1-3 higher,
slaughter cows $2-3 lower, bulls fully steady. Receipts totaled 765
head.
Cuero Feeder Cattle Prices
Move Higher
Feeder steers and heifers sold higher in good demand.
Receipts totaled 1429 head.
Giddings Feeder Cattle
Prices On Strong Side
Feeder calves and yearlings sold strong to higher, slaughter
cows and bulls steady to $2 lower. Receipts totaled 1164 head.
U.S. Meat Production 3.7%
Below A Year Ago
Total red meat production under federal inspection last week
was estimated at 793.7 million pounds, 19.6 percent more than the
previous holiday-shortened week and 3.7 percent below the same week a
year ago. Cumulative meat production for the year to date was .9
percent more than the previous year.
Brownwood, San Saba, Mason
Feeders Higher
Feeder steer and heifer calves sold steady to $2 higher in
Mason, Brownwood and San Saba last week, steer yearlings steady to $3
higher and heifer yearlings steady to $2 higher, slaughter cows and
bulls steady. Receipts totaled 4050 head at the three sales.
Most Lampasas Cattle Active,
Demand Good
Trading was termed active and demand good after the holiday
recess. Receipts totaled 1700 head.
Domestic Wool Slow, Foreign
Trading Nil
Trading on domestic wool was generally slow last week,
limited sales mostly steady.
Hindsight
Unregistered Bull
in a Hotel Lobby
Choice gleanings from 45-plus years of Unregistered
Bull.
"It’s just like I figured all the time," said John.
"The weather alone is more potent than any kind of OPS
legislation when it comes to regulating supply and prices of
livestock. The drier it gets, the harder it is for a ranchman to trade
and the easier it is for buyers — if they know of a place that’s
not too dry to put stock on.
On The Edge Of
Common Sense
By Baxter Black
Another white horse just rode by. I guess I saw him comin'
I felt him breathin' down my neck, I heard his hoofbeats drummin'.
I've seen 'em pass this way before. They mark the separation
Of mossy horns from yearlin' bucks. Each one's a generation.
Pokin' Fun
By Doc Blakely
Summer is a big time for people who make a living off the bride and
groom business. Many a couple stand before a justice of the peace
preparing for a lifetime of war. A young groom who was married in a high
ceremony was forced by his wife to help with the thank-you notes. He
wrote the preacher, "I just want to thank you for the way you
brought my happiness to a conclusion."
Shortgrass
Country
By Monte Noelke
One of the recent surveys by the Real Estate Research Center at A&M
showed land prices declining in the state, except in the populous part
of the hill country. "The statewide drouth" was blamed for the
decrease in values. However, the research center showed a 28 percent
increase in the rural population and only a full percentage point gain
in farm loans.
The Computer & The
Cowboy
By C.A. Rodenberger, Ph. D.
Yahoo!! A toll-free 800 number for us rubes in the boondocks of
West Texas to use for surfing the Internet! I have gotten some
information from the 'net while using America On-Line, but I never
stayed on for long because I know that each minute costs me 10 cents
in addition to the cost of AOL. I never use my five hours for $9.95 on
AOL because the phone charges are so much more.

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