| Vol. 49 -
No. 12 |
Thursday,
March 27, 1997 |
$25
Per Year |
Fat, Feeder Lamb Prices Struggling
Fat and feeder lamb price trends were highly variable this
week, with sharp changes both up and down. With Easter just around the
corner, seasonal demand for lightweight carcasses will end abruptly
and prices will tumble. Some lightweight lambs this week fell fully
$30 but remained at a respectable price.
Fed Cattle Trade Biding Time, Opposing
Sides At Arm’s Length
Plains fed cattle trade appeared perched on the edge at
presstime Wednesday, like a ski jumper rocking in the gate.
Plains Feedlot
Sales
Range Sales
Changes In CME Cattle Futures Contract
Turn Some Buyers Off
Live cattle futures, traded at the Chicago Mercantile
Exchange since November 1964, have become one of the primary tools for
risk management in the beef industry. Packers and feeders alike use
the futures as an information source for developing and assessing
bids. Even those who are philosophically opposed to the futures
contract admit to using it as a pricing mechanism.
Auction Operator, Cow-Calf Man Puts
Research To Work
Burt Richards' family came to Texas in the 1850s. They built
the first mill between Dallas and Houston and used the boxed end of a
mill wrench as a branding iron.
Conagra To Pay $8.3M For Cheating
Farmers
ConAgra Inc. will pay $8.3 million in fines and penalties as
part of a plea agreement to federal charges that farmers were cheated
at its grain elevators in Indiana, Illinois and Kentucky.
Water & Tax Issues Discussed In
Length At TSCRA Convention
Water policy, tax revisions and packer concentration were on
ranchers’ minds at the Texas and Southwestern Cattle Raisers
Convention here this week.
Tyson Lobbyist Found Guilty In Espy
Payoff Scandal Probe
A lobbyist for Tyson Foods Inc., the nation's largest
poultry producer was convicted late last week of lying twice to
investigators about providing favors to former Clinton administration
Agriculture Secretary Mike Espy.
Clinton Buyout Of Gold Mine Would
Cost CRP Program $65M
The Clinton administration’s controversial buyout of a
gold mine near Yellowstone National Park last summer drew fire from
productive sector advocates who identified it as an election-year ploy
to firm up environmental activist votes.
Little Support Seen For User Fees On Ag
Sought By Clinton
The Clinton administration wants food processors to pay for
government inspections of their meat, poultry and egg products, but
the idea's having a tough time finding any support.
February Beef Price Average Down A Penny
Average retail beef prices remained relatively low during
February, says the National Cattlemen’s Beef Association.
Babbitt Still Blaming Montana For
Federals’ Buffalo Problem
U.S. Interior Secretary Bruce Babbitt continues to castigate
the state of Montana for its efforts to deal with brucellosis-infected
buffalo that are his agency’s responsibility.
Wyoming Dodges Bangs Bullet By
Accepting Program Review
A compromise aimed at heading off sanctions against Wyoming
cattle because of brucellosis concerns paid off as Oregon dropped its
sanction against Wyoming cattle.
Report Says Ethanol Subsidy Doesn’t
Do What Was Claimed
The tax break for ethanol, the corn-based alcohol fuel, has
cost a federal highway trust fund $7.1 billion since 1979, but ethanol
has done little to reduce air pollution or enhance the nation's energy
security, according to a recent government report.
Eco-Activists Seem To Believe
"Good" End Justifies Bad Means
Have you ever been told you were wrong when you knew you
were right? Sure, it happens all the time. You say the keys are on the
counter; someone else says they're not. But there they are, on the
counter where you left them.
High Court Rules Species Act Not The
Private Tool Of Ecos
In what may prove one of the landmark cases in environmental law, the
U.S. Supreme Court late last week ruled unanimously that the federal
Endangered Species Act is not a one-way ratchet.
USDA Hearings Planned In June On
State-Inspected Meat Sales
The U.S. Agriculture Department will hold hearings in June
on whether state-inspected meat and poultry products should be
permitted to cross state lines without separate federal examinations.
Dakota Winter-Kill Cattle Deaths Rise
The state Farm Service Agency says nearly 13,000 cattle
deaths have resulted from North Dakota's brutal winter weather. And
with the calving season starting, the number will grow.
Nevada Elk Releases Causing Feed Worries
The addition of elk into the mix of cattle and wild horses
on the range in northern Nevada is costing stockmen scare feed and
forage reserves, and they aren’t happy about it.
Angelo Feeder Lambs Lower, Cattle
Higher
Feeder lambs sold $5-10 lower this week, slaughter lambs
weak to $2 lower and slaughter ewes $2-4 lower. Receipts totaled
10,119 head.
Stamford Bull Sale Averages $965
Each
In special replacement trading, Stamford Farmers and
Ranchers Auction offered 83 bulls that sold from $600 to $1950 and
averaged $965 per head. One hundred cow-calf pairs ranged from $710 to
$1980 and averaged $860, 123 long bred females brought $700-910 and
averaged $810, 12 medium bred females ranged $600-860 and averaged
$765, 14 short bred females were $500-610 and averaged $535, 108
exposed heifers made $485-625 and averaged $525, and 538 open heifers
brought $430-690 for a $560 average.
Unregistered Bull
in a Hotel Lobby
Choice gleanings from 45-plus years of
Unregistered Bull.
John was accosted the other day by one of his best friends and
severest critics, an oldtimer who spent as much time in the lobby as
John except when his rheumatism kept him at home.
On The Edge Of
Common Sense
By Baxter Black
• Let's say you were an arctic explorer and you suddenly got
cold feet.
• If you can get snowed in during winter can you get winded in during
spring?
• When you put hot water in a thermos, it keeps it hot. If you put
cold water in a thermos, it keeps it cold. How does it know?
Pokin' Fun
By Doc Blakely
Byron Nelson is a name readily recognized in the golfing world.
Many have described him as a "machine" when it comes to cow
pasture pool. Although I don't play the game very well, I developed a
respect for Byron many years ago. Fate deemed that our paths should
cross, and unlike many well-known names, Byron and wife Louise were not
machines who shun the public but just nice folks.
Shortgrass
Country
By Monte Noelke
The country west of San Angelo received over five inches of
rainfall in February. Such grand amounts exceed the normal inch for the
month. It had been a long-reaching drouth. The natural garden around the
ranch house, for example, went 2.5 years, or a full six months longer
than usual, without being touched by a mower. Rare has so much time
passed without having to at least trim the hoarhound and broomweeds back
from the gates and doorways.
On Matters of
... Equine
By Dr. Jim and Lynda McCall
The recent explosive advance of medical science permeates our
everyday lives. Today, we can walk into the grocery store, buy a kit,
and in the privacy of our own homes, add a little urine and, magically,
determine a women's reproductive status. Those of us over 30 remember
the day when these immunological tests were not available; when a woman
who wanted a second opinion about being with child had to go the doctor
who would perform a rabbit test, or one of the other pregnancy tests
known as biological tests.
Wildlife By Design
By Dale Rollins, Ph.D.
I reckon it was destiny. Couple my penchant for cultivating a sense of
"appreciation" of some heretofore unsavory critters (e.g.,
coyotes, juniper) with a groundswell of support for feral hogs (aka
"the poor man’s grizzly"), and it was inevitable there would
be a "Feral Hog Appreciation Day." And so, on March 8,
Jacksboro earned its berth in the annals of hog history. About 90 people
braved the locker plant-like chill in the fairgrounds building to hear
the good, the bad and the ugly of Texas’ adopted porkers.

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