| Vol. 50 -
No. 6 |
Thursday,
February 12, 1998 |
$25
Per Year |

CHEAP TO KEEP
and handy to have around, meat goats have been a
fixture, albeit a minor one, on the West Texas
ranching scene for generations. They continue to
gain more adherents as demand for goat meat
grows, and in some areas are filling a niche left
by the shrinking hair goat industry. |
Feeder
Lambs Steady, Fats Little Softer
Feeder lambs held fairly steady around the country
this week though there was a little weakness in some
spots, mostly adjustments. Slaughter lambs in the Midwest
were about $3 lower on Monday, but regained about $2 on
Wednesday. Slaughter ewes found higher trading in most
areas.
Fed
Cattle Trading On Plains Loses More Ground This Week
Fed cattle prices on the Plains continue to give
ground in a wholesale retreat that began in late January.
Set up by heavy front-end supplies and slow beef
movement, the market slide was apparently sparked by the
temporary closing of several Monfort plants and the
shuffling of several thousand of their cattle to another
packer.
PLAINS
FEEDLOT SALES
RANGE
SALES
Engler
First To Take Stand In Fourth Week Of Oprah Trial
Lead plaintiff Paul Engler was the first witness
to take the stand in the fourth week of the case he and
other cattlemen are pursuing against talk show host Oprah
Winfrey.
Faltering
Lamb Market Leaves Feeders With Sense Of Urgency
A sense of urgency is perhaps the best way to define the
mood here at the recent annual meeting of the National
Lamb Feeders Association. More than one feeder commented
that he would likely run out of money before the industry
runs out of overfat lambs.
NM
Ranchers Get Wolf Advice From One Who Has Been There
Dr. Jim Knight, a wildlife biologist at Montana State
University, is familiar with wolf reintroduction
programs. He's had a close-up view of such programs in
Big Sky country.
Cow-Calf
Man Finally Regains Drivers Seat, Says Cattle-Fax
Cattle-Fax analysts had a bag of mixed news for
Outlook Seminar participants at the National
Cattlemens Beef Association winter convention here.
They predicted bright news for some and less for others,
but overall, they said, 1998 is expected to be the start
of the upswing in the beef market cycle.
Excel
Beef Plant At Plainview Idled Over Alleged HACCP Flaw
Within two weeks of implementation of a new federally
mandated meat safety program, a USDA inspector claims the
system has failed.
Feds
Lose Appeal In Wetlands Case That Could Reduce Power
Stung by a December ruling that could jeopardize the
federal governments power to regulate millions of
acres of questionable "wetlands," the U.S.
Justice Department intervened last month, asking a
three-judge panel of the U.S. 4th Circuit Court of
Appeals to reconsider.
Superior
Livestock Video Sale Offering Totals 72,000 Cattle
Superior Livestock Auction offered more than 72,000
feeder cattle and breeding stock in their annual
Cattlemans Winter Classic video auction here.
Consignments were from 28 states and Mexico.
Aussie
Wool Industry Eyeing Asian Worries
Primary Industries Minister John Anderson on
Friday talked down chances of a wool industry collapse,
saying the Asian currency crisis was serious but not
catastrophic.
Surprise,
Surprise: Texas Sheep Numbers Climb 7% Over Year Ago
The Texas inventory of all sheep and lambs January 1 was
up seven percent from a year ago at 1.17 million head.
Nationwide, however, the inventory is down four percent
at 7.62 million head, 10 percent fewer than two years
ago.
Angelo
Feeder Lambs Steady, Cattle Weak
Flambs sold steady this week, eeder and slaughter
slaughter ewes firm to totaled 9591 head. $2 higher.
Receipts
Graham Feeder
Cattle Trade Active, Higher
Feeder steers sold steady to $3 higher, heifers steady to
$2 higher, slaughter cows and bulls steady.
San
Saba, Brownwood, Mason Feeders Higher
Feeder steers weighing less than 475 pounds sold
steady to $2 higher in Mason, Brownwood and San Saba last
week, choice heifers steady to strong, slaughter cows and
bulls steady, stock cows in good demand.
Llano
Feeder Steers, Heifers Fully Steady
Feeder steers and heifers sold firm to fully steady,
heavyweights $2 lower, slaughter cows and bulls steady to
$2 higher. Receipts totaled 244 head.
Letters
To The Editor
Coming
Up...
February 14 Five Star
Auctioneers Auction, Cross Plains, Texas. February
14 Greater Hill Country Hereford
Associations Bull/Heifer Sale, Fredericksburg,
Texas. February 14 Gray Land & Cattle
Co.s Big Polled Sale V, Edmond, Oklahoma. February
14 Creighton Ranchs 2nd Annual
Performance Tested Black and White Bull Sale, Sulphur
Springs Livestock Commission, Sulphur Springs, Texas. February
14 Mid-Texas Angus Associations Bull
Salve IV, Somervell County Expo Center, Glen Rose, Texas.
February 14 Bradley 3 Ranchs 1998
"First Offering Angus Bulls", at the ranch,
Memphis, Texas.
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