| Vol. 48 -
No. 32 |
Thursday,
August 8, 1996 |
San Angelo,
Texas |
Lamb Meat Price Soft After
$10 Drops Last Week
After an eight-week period at a record high of $201, last
week’s $10 decline on East Coast lamb prices was not really a
surprise. The major question now is just how far it will go down
before finding a resting point. Indications are it will soften further
this week, observers say.
Packers Are Finally Forced To Cough Up
Money On Cattle
Their supply of captive cattle dwindling after weeks of
dipping deeply into them to hammer the market, packers were finally
forced this week to ante up and play the cash game. The result was
early trading and a quick $2-3 added to the going price for fed
cattle.
Plains Feedlot
Sales
Range Sales
Forage Management
Recommended At Oklahoma Cattlemen’s Meet
With low cattle prices and high feed grain costs, an
Oklahoma forage specialist is looking for ways Sooner ranchers can
make it through the winter.
Loss of Market Share
Must Be Main Focus For Beef Industry
Loss of market share to competing meats should be the
primary concern of the beef industry. That was the message presented
by market analyst Andrew Gottschalk at the recent National
Cattlemen’s Beef Association summer conference.
Bonds Approved To Attract
Beef Plant To Oklahoma City
A proposed beef processing operation could bring as many as
1000 jobs to Nowata County, but some questions remain about who would
run the business.
USDA Announces Plan To
Expand Cattle, Beef Price Reporting
Declaring that "information is power," U.S.
Agriculture Secretary Dan Glickman said last week the department will
expand cattle price reporting so ranchers can have more bargaining
clout with meatpackers and feedlots.
Brucellosis Cases Increase In
June
The number of brucellosis-affected cattle herds recorded
nationwide climbed to 51 as of the end of June, says USDA’s Animal
and Plant Inspection Service. The count had decreased to 44 at the end
of March. Texas led in the increase with 34 herds under quarantine, up
from 30 in March.
NCBA Directors Vote To Limit
Outsiders
Bowing to pressure from disgruntled producers, National
Cattlemen’s Beef Association directors meeting here last week voted
to limit representation of packers and other outside interests within
NCBA.
Cheaper Grain Prospects
Boost Feeder Cattle Trade Last Week
Feeder steers and heifers sold steady to $2 higher around
the country last week, calves enjoying the most consistent price gain
from area to area. Prospects of cheaper grain coming in the new crop
provided a more bullish attitude for both calf and yearling buyers.
Texas Fed Cattle Mostly
Steady Last Week In One-Day Movement
Slaughter steers and heifers sold steady in Texas Panhandle
and Western Oklahoma feedlot trading last week. The bulk of the
trading was done on Wednesday.
Superior Livestock Video
Sale Offering Totals 77,000 Cattle
Superior Livestock Auction offered more than 77,000 feeder
cattle in their Royale IV video livestock auction here. Consignments
were from 28 states.
Steers, Heifers Firm To $1
Up In Angelo Special Sale Monday
Steers and heifers were firm to $1 higher Monday in the
season’s fourth special feeder sale at Producers Livestock Auction.
Domestic Wool Near
Standstill, Trade On Foreign Markets Mixed
Trading on domestic wool was nearly at a standstill last
week, only limited clean-up activity noted.
Angelo Feeder Lambs Lower,
Cattle Higher
Feeder lambs sold $4-6 lower this week, slaughter lambs
untested, slaughter ewes firm. Two day receipts totaled 15,475 head.
Junction Stock Angora Goats,
Lambs Steady
Feeder lambs sold fully steady, a limited supply of
slaughter ewes steady; stock Angora goats steady, slaughter muttons
and billies $2-4 lower, thin about steady, kids and yearlings steady;
Spanish kids mostly $2-4 lower, stock nannies steady, slaughter
nannies $1-2 higher, muttons and billies generally steady. Receipts
totaled 12,000 head.
Kansas Direct Feeder Cattle
Prices Steady
Feeder steers sold mostly steady in Kansas direct trade last
week, heifers steady to weak. The weather in western Kansas has been
wet and cool, as much as seven inches of rain in some areas. Confirmed
sales totaled 17,920 head.
Goldthwaite Sheep, Goat
Receipts 6500
No trend comparison was available. Receipts totaled 6500
head.
Most Lampasas Cattle Prices
Steady To Up
Feeder steers and heifers sold steady to instances $1-2
higher, slaughter cows and bulls steady to instances $2-3 higher.
Receipts totaled 2000 head.
Most Fredericksburg Cattle
Sell Higher
Feeder steers and heifers sold $2 higher, slaughter cows and
bulls $1-2 higher. Receipts totaled 2302 head.
U.S. Meat Production 4.2%
Below A Year Ago
Total red meat production under federal inspection last week
was estimated at 782.5 million pounds, .1 percent more than the
previous week but 4.2 percent less than the same week a year ago.
Cumulative meat production for the year to date was .7 percent more
than the previous year.
Brownwood, San Saba, Mason
Cattle Steady
Choice feeder steer and heifer yearlings and calves were in
good demand and steady at Mason, Brownwood and San Saba last week,
plain or poor quality kinds $8-15 below choice. Packer cows enjoyed
good demand. Receipts at the three sales totaled 2529 head.
Cuero Cattle Prices Higher
Last Week
Trading was active and prices higher on receipts of 2518
head.
Hindsight
Unregistered Bull
in a Hotel Lobby
Choice gleanings from 45-plus years of Unregistered
Bull.
"Do you remember," said John, "when the rank and file
of people had a habit of bragging on the intelligence of their
favorite animals? If you do, then it’s a good sign you’re no
longer eligible to belong to the Junior Chamber of Commerce.
On The Edge Of
Common Sense
By Baxter Black
Catching avocado rustlers is sort of a cross between the Gulf
War invasion and coon hunting.
Pokin' Fun
By Doc Blakely
I've always wondered why someone didn't start a real original chain
letter. I'd like to do it myself, but the postal rates on chain would
make it prohibitive. But, every once in a while some genius comes up
with a linkable chain letter. The following came yesterday:
Shortgrass
Country
By Monte Noelke
Longterm drouths such as the current one bring on strange behavior. One
morning, I just drove over to the Devil’s River mill and hung a
thermometer on a cedar post. I knocked out the bugs from the glass in
the rain gauge and put the tube back in upside down. In the past three
months, we measured eight-tenths of an inch of rain at that watering.
The mill is on the very head of the Devil’s River watershed. If the
luck up here is any indication of the fortunes downstream, the running
part of the river is sure living up to its name.

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