| Vol. 50 -
No. 25 |
Thursday,
June 25, 1998 |
$25
Per Year |

COW HERD
REBUILDING is still a thing of the
future, most analysts agree. Cow slaughter has
finally ebbed, but a large percentage of heifers
are still going on feed for slaughter instead of
into replacement channels. Some forecasts call
for heifer retention to begin this summer, which
would lead to modest herd expansion by the year
2000. Those predictions assume favorable range
and pasture conditions, however, and a large part
of the country is seeing anything but. |
Fat,
Feeder Lamb Prices Fall Sharply
No telling what next week will bring, but this
week it was sharply lower prices on both fat and feeder
lambs and that followed the sharp increases of the past
few weeks. What good does it do to make production and
marketing plans when one weeks timing could make or
break you?
Plains
Fed Cattle Move Early, But Only On $1 Lower Market
Plains fed cattle traded early this week for a
change, a significant number moving on Tuesday. As has
generally been the rule, however, it cost the feeders
something to do that; packers peeled another dollar off
the declining market.
PLAINS
FEEDLOT SALES
RANGE
SALES
Drouth
Big Story Across South, But Weather Crazy Everywhere
Talk about your crazy weather. Drouth reigns
through the Southwest and much of the South, scorching
rangeland and crops and fueling fires from New Mexico to
Florida.
Senate
Cattle Market Hearing Elicits Conflicting Comments
A U.S. Senate hearing here last week on the cattle
markets woes drew comments from both producer and
packer interests.
Ecos,
Feds Cut Grazing Deal Without Input From Ranchers
Without bothering to consult the stockmen it will impact,
the U.S. Forest Service has cut another deal with an
Arizona environmental activist group to move more cattle
away from streams in six national forests in Arizona and
New Mexico.
Frog
Poses Another Threat For Ranchers In Southwest
New Mexico ranchers, already awash in
"endangered species" problems, apparently will
have to deal with yet another one.
Some
Ranch Cooks Earn Praise; Others Are Best Left Unnamed
How many times have you gone someplace to eat
and were somewhat disappointed in the amount of groceries
you got for the price you paid? By price, I mean hard
labor.
Blister
Disease VS Found In Texas Horse
The Texas Animal Health Commission reports that vesicular
stomatitis has been confirmed in a horse in Reeves
County. Texas now joins New Mexico and Arizona as states
with confirmed or suspected VS cases this year.
Cattle
On Feed Up One Percent In Seven Main Feeding States
Cattle and calves on feed for slaughter June 1 in
the seven leading feeding states totaled 8.29 million
head, up one percent from the same day last year and 14
percent above June 1, 1996.
Nations
Feeder Cattle Prices Turned Mostly Lower Last Week
Lower prices were the rule on feeder cattle and calves
around the country last week. Feeder steers and heifers
were steady to $2 lower except in Kentucky, Tennessee,
and into the Southeast, where the trend was steady to as
much as $3 higher.
Texas
Direct Fed Cattle Lower, Trading Slow Except At Midweek
Slaughter steers and heifers were 50 cents to $1
lower last week in Texas Panhandle and Western Oklahoma
feedlot trading.
Angelo
Lamb Prices Drop Through Floor
Feeder and slaughter lambs sold $8-10 lower this
week, slaughter ewes steady. Two day receipts totaled
17,652 head.
Domestic
Wool Trade Quiet, Aussies Mixed
Domestic wool trading was at a standstill last
week as demand became very narrow. One major interest is
not purchasing wool until fall and others are lowering
prices weekly to remain competitive in the world price
scheme.
U.S.
Meat Production 4.6% Above A Year Ago
Total red meat production under federal inspection
last week was estimated at 850.8 million pounds, 1.5
percent more than a week ago and 4.6 percent above a year
ago.
Graham
Feeder Steers, Heifers Trade Lower
Feeder steers sold $1-3 lower, heifers steady to
$1 lower, calves $2 lower, fleshy offerings $1-4 lower,
slaughter cows steady, bulls $1 higher.
Abilene
Feeder Cattle Prices Up And Down
Feeder steers weighing 200-400 pounds sold $1-2
higher, others mostly steady to $1 lower, heifers 500-600
pounds $1 higher, others steady to $1 lower, slaughter
cows $1 lower, bulls steady, stock cows steady.
Junction
Angora Goat Prices Higher
Feeder lambs were not well tested, slaughter ewes
and bucks steady; slaughter Angora goats $2-4 higher;
stock Spanish nannies $2 higher, slaughter classes steady
to $2 lower.
May
Meat Production Up From A Year Ago
Commercial red meat production for the United
States totaled 3.58 billion pounds in May, up slightly
from the 3.57 billion pounds produced in May 1997.
Goldthwaite
Feeder Lamb Prices Lower
Feeder lambs sold $4-6 lower, slaughter ewes and bucks
$3-5 higher; slaughter Angora goats mostly steady; stock
Spanish nannies $5 lower, slaughter classes $2-5 higher.
Lampasas
Feeder Steer, Heifer Prices Steady
Feeder steers and heifers sold steady, slaughter
cows and bulls $3 higher. Receipts totaled 790 head.
Llano
Cattle Prices Trend Mostly Lower
Feeder steers and heifers sold $2-3 lower,
slaughter cows and bulls $1-2 lower. Receipts totaled
1058 head.
Milano
Feeder Cattle Find Two-Way Market
Feeder steers and heifers weighing under 400
pounds sold steady, steers over 400 pounds $3-5 lower,
instances $7 off, heifers $2-4 lower, slaughter cows firm
to $2 higher, bulls steady.
Cuero
Feeder Cattle Trade Termed Active
Feeder steers and heifers were active with calves
lower, slaughter cows $1-2 lower, bulls steady.
San
Saba, Brownwood, Mason Feeders Mixed
Feeder steers and heifers sold mostly steady last
week in Mason, Brownwood and San Saba except weights over
600 pounds $1-4 higher, slaughter cows $1-3 higher, bulls
$2-3 higher, stock cows steady to strong.
Colorado
City Feeder Steers, Heifers Lower
Feeder steers and heifers sold $2-4 lower,
slaughter cows and bulls steady, bred stock cows and
pairs weak in a light trade.
Kansas
Direct Feeder Steers Steady To Off
Feeder steers sold steady to $2 lower in Kansas direct
trade last week, heifers mostly steady.
Most
Fredericksburg Cattle Prices Higher
Feeder steers and heifers sold $2-3 higher,
slaughter cows and bulls $2 higher.
Letters
To The Editor
Coming
Up...
June 26 Superior Livestock Auctions
Video Sale, Superior Office and Studio, Fort Worth,
Texas. June 29-July 3 Producers Livestock
Auction Will Be Closed.

|