| Vol. 50 -
No. 8 |
Thursday,
February 26, 1998 |
$25
Per Year |

MUDDY FEET
on these calves near Wichita Falls are not in
evidence through the stand of old grass and
weeds, but theyre there. Unlike areas of
Texas to the south and west, this part of the
state has received substantial moisture, and the
warm weather of late is beginning to bring on
tinges of spring green. Less blessed areas will
need several sessions of slow, soaking rains to
catch up. |
Texas Feeder
Lambs Losing Some Ground
Feeder lambs in most Texas markets suffered losses this
week, mostly in the $3-5 off area. Slaughter lambs in
Midwest markets were about $4 lower, while the limited
number in Texas markets were about steady. Slaughter ewes
were generally steady.
Good
News In Fed Cattle Trade Short-Lived; Price Is $59-60
These days, good news in the fat cattle business
has the life expectancy of a cottontail in a dog kennel.
The upturn that seemed apparent Friday before last turned
to dust late last week as expectations of $64 fed cattle
were replaced by $62 deals on Thursday and $61 prices on
Friday. By early this week, those prices were looking
good.
PLAINS
FEEDLOT SALES
RANGE
SALES
Beef
Council Uses Oprah Case To Tell Beefs Story To
Media
Call it damage control or making lemonade out of
lemons, but the Texas Beef Council is using the Oprah
trial and the media horde it has attracted to get its
message out about beef.
Food
Is A Bargain, Especially When Compared To Government
Time was when Americans biggest concern was
where the next meal was coming from and how to earn
enough money through the year to keep their family fed.
Now, through the miracles of modern technology, it takes
only a little more than one months average wages to
buy a years supply of groceries.
Oprah Jury In
Deliberations As Presstime Came Wednesday
As Livestock Weekly went to press, jurors in the
Oprah Winfrey beef defamation trial were deliberating
their verdict. Following closing arguments Wednesday
morning, U.S. District Judge Mary Lou Robinson told the
four-man, eight-woman jury that under business
disparagement law they would have to decide if Winfrey
published false and disparaging statements concerning
specific business property the plaintiffs
cattle with knowledge of falsity or reckless
disregard for the truth, or ill will designed to harm the
plaintiffs economic well-being.
Harris
Ranch Snares $250,000 Award For Best Beef Product
Harris Ranch Beef Company of Selma, Calif.,
received the $250,000 Centennial Award for the "Best
New Beef Product in America" for its fully-cooked,
read-to-heat-and-eat-in-seven-minutes pot roast. The
award was presented at the recent Cattle Industry
Centennial Convention here.
Meat
Inspection Fee Proposal Draws Fire
A USDA proposal to require meat, poultry and egg
processors to pay $573 million in new fees for existing
federal food inspectors is being questioned by the
chairman of the House Appropriations subcommittee on
agriculture.
NCBA
Members Heard Many Times: Marketing System Needs Fixing
The beef industry must change its current
marketing system to reflect the needs of consumers. So
said several speakers at the National Cattlemens
Beef Associations recent annual convention here.
Cattlemen
Sue Chicken Giant, Claiming Influence-Peddling
A group of cattlemen has sued the nation's largest
poultry producer, claiming the company's
influence-peddling bought their product preferential
government treatment in comparison to beef.
NCBA
Recognizes Environmental Stewards And Century Ranches
Tony Malmberg, a cattleman from Lander, Wyo., received
the National Cattlemens Beef Association national
1997 Environmental Stewardship Award. The award is given
annually to cattlemen who demonstrate superior
stewardship practices that protect and enhance natural
resources and the environment.
WTO
Accepts Ruling Against EU Beef Ban
The World Trade Organization has formally adopted a
ruling that the European Union unfairly banned imports of
U.S. beef.
NLFA
Approves Proposed Model For New Industry Organization
Members of the National Lamb Feeders Association heard
firsthand about the proposed model for a new national
sheep organization at their recent convention here.
Williams
And Skelton Show Why Theyre Defending World Champs
Defending world champion team ropers Speed Williams and
Rich Skelton made a clean sweep in their event at the
recent Southwestern International Livestock Show and
Rodeo in El Paso.
South
Texas To Host Ranching Festival
A long list of entertainment is scheduled for the 1998
South Texas Ranching Heritage Festival March 6-8. The
event will be held at the John E. Conner Museum here.
Superior
Livestock Video Sale Offering Totals 32,000 Cattle
Superior Livestock Auction offered more than 32,000
feeder cattle and breeding stock at their regularly
scheduled video auction. Consignments were from 25 states
and Mexico.
Graham
Feeder Cattle Called Mostly Steady
Feeder steers and heifers sold mostly steady, weights
under 500 pounds $2-3 higher, slaughter cows and bulls
steady, bred stock cows steady to $10 higher, pairs
steady to $20 higher.
Angelo
Feeder Cattle Higher, Lambs Lower
Feeder lambs sold $3-5 lower this week, slaughter lambs
steady, slaughter ewes steady. Receipts totaled 7853
head.
Most
Colorado City Cattle Trade Higher
Feeder steers and heifers sold $2-5 higher, steers over
600 pounds $4-7 higher, slaughter cows and bulls $2-3
higher, bred stock cows firm, pairs $25-50 higher.
Olney
Feeder Cattle Trade Steady To Up
Feeder steers and heifers over 650 pounds sold steady,
lighter weights $2-5 higher. Receipts totaled 580 head.
Heavy
Llano Feeder Cattle Some Softer
Feeder steers and heifers were mostly fully steady except
a little softer on 650-800 pound steers and heifers and
300-400 pound steers. Slaughter cows were $1-2 higher,
bulls steady.
Bradley
Ranch Bull Offering Sells Out
The Bradley 3 Ranch has sold its entire 1998 listing of
bulls, first offered Feb. 14, at an average price of
$2532 per head.
Coming
Up...
February 28
All-Breeds Bull Sale, Deming Livestock Market Inc.,
Deming, New Mexico. February 28 Part I
Special Cow and Heifer Sale, Jordan Cattle Auction, San
Saba, Texas. February 28 Part II Special
Cow and Heifer Replacement Sale, Jordan Cattle Auction,
San Saba, Texas.
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