Vol. 50 - No. 33 Thursday, August 20, 1998 $25 Per Year

NOT ENTIRELY DISPLACED yet by four-wheelers and helicopters, ranch horses can still be found in many quarters, though the seeker may have to look a little harder than was once the case. These were spotted in North Central Texas.

Rain Comes, Lamb Prices Move Higher
Good rains occurred across a large part of West Texas the last couple of weeks, and fall grazing prospects have made a real turnaround. It is too late for summer crops, but small grain seeding for winter pastures is looking up.

Plains Fed Cattle Off Again; Stalled After Futures Break
Plains fed cattle prices took another dip this week, slipping under the $60 threshhold again. After holding firm at $60 last week, feedlots opened this week trading at $59-59.50 and sold some cattle each of the first three days despite efforts by some to hold for as much as $63.

PLAINS FEEDLOT SALES

RANGE SALES

Specialist Offers Suggestions For Use Of Drouthed-Out Acres
Dry weather in many parts of Texas has left this year's corn crop withering in the fields. Even irrigated corn is stressed.

Glickman, Stenholm Tour Texas, Talk About Disaster Assistance
The U.S. secretary of agriculture is calling for reform of the nation's farm bill to, among other things, benefit livestock producers.

Groundwork Underway To Stop "Dumping" Of Foreign Cattle
A Washington law firm is doing legal groundwork on a petition to the International Trade Commission that could help curb the dumping of foreign cattle on the U.S. beef market, a Montana cattleman says.

Cattle-Fax Outlook Predicts Tough Times Until Year 2001
It looked for a time as if 1997 would be the turnaround year for the cattle industry, but it wasn’t to be. Nor was this year. Now an industry analyst says the market cycle top won’t come next year either, nor the year after that.

Rising Cougar Attacks Finally Get Attention Of Non-Producers
When concerns about marauding cougars rise, wildlife experts offer reassurances: The typical cougar is a shy creature that avoids people and prefers to eat deer rather than pets or children.

Producers See First Samples Of New Line Of Mohair Carpet
The mohair market outlook remains discouraging, but growers at the recent Mohair Council of America summer directors' meeting here were given some upbeat news about a variety of new value-added products, some already on the market and others expected to be introduced in the spring of 1999

Second Mexican Wolf Dead, This One Killed By Lion
A second Mexican Gray Wolf, part of an experimental pack introduced in the forests of eastern Arizona last spring, has been killed.

Sierra Club Threatens More Meddling In Edwards Aquifer
The Sierra Club is once again threatening to sue state and federal agencies over the Edwards Aquifer.

"Project Haylift" Underway In Texas
Project Haylift, a cooperative effort between agriculture industry associations and the state to deliver hay to Texas farmers and ranchers, began distributing donated hay this week.

Filly Produced Using Technique That Allows For Sex Selection
Livestock scientists have created the world's first horse that was deliberately selected prior to conception to be born female.

Anti-Grazing Radicals File Another Suit Against Cattle
Armpit-deep in controversy over secret deals it has already cut with federal bureaucrats, a Tucson-based anti-grazing activist group has filed yet another lawsuit seeking to drive thousands more head of livestock off public rangelands.

Texas Fed Cattle Prices Termed Steady, Most Trade At Midweek
Slaughter steers and heifers sold mostly steady in Texas Panhandle and Western Oklahoma feedlot trading last week. Trade and movement was slow until midweek, when the bulk of movement occurred.

Nation's Feeder Cattle Find Prices Up, Pastures Greener
Feeder steers and heifers sold steady to $2 higher around the country last week with calves $1-4 higher. Enthusiasm spilled over from late the previous week into the forepart of the week, but by the end of the week, both buyers and producers were scratching their heads while trying to figure out the market's direction.

Cattle On Feed Up Two Percent In Seven Main Feeding States
Cattle and calves on feed for slaughter Aug. 1 in the seven leading feeding states totaled 7.71 million head, up two percent from last year and 22 percent above Aug. 1, 1996.

Angelo Lambs Higher, Cattle Weak To Lower
Feeder and slaughter lambs were in good demand and $1-3 higher this week, slaughter ewes mostly steady. Receipts totaled 12,239 head, fully 50 percent ewes and 30 percent goats.

U.S. Meat Production 6.9% Above A Year Ago
Total red meat production under federal inspection last week was estimated at 880.7 million pounds, 2.6 percent more than a week ago and 6.9 percent above a year ago.

Graham Feeder Steer, Heifer Prices Higher
Feeder steers sold $1-3 higher, yearling heifers steady, calves $2-4 higher, slaughter cows steady to $1.50 higher, pairs $10-20 higher.

Milano Feeder Cattle Trend Mostly Higher
Feeder steers sold steady to $3 higher with weights under 400 pounds $6-8 higher, heifers steady to $3 higher, weights under 500 pounds steady, slaughter cows steady, bulls steady.

Abilene Feeder Steer, Heifer Prices Higher
Feeder steers and heifers sold $2-3 higher, slaughter cows and bulls $2-3 higher, stock cows and pairs mostly steady. Receipts totaled 2145 head.

Junction Lamb, Angora Goat Prices Steady
Feeder lambs sold steady, slaughter ewes $2 higher; stock Angora nannies and muttons steady, slaughter classes mostly steady; stock Spanish nannies $4 higher, slaughter nannies steady to $2 higher.

Llano Feeder Cattle Trade Mostly Steady
Feeder steers and heifers were steady in a light test, slaughter cows $4 higher, bulls $2 higher. Receipts totaled 385 head.

Goldthwaite Sheep, Goat Prices Higher
Feeder lambs sold $4 higher, slaughter ewes and bucks $6-8 higher; slaughter Angora nannies and muttons $3 higher; stocker Spanish nannies $5 higher, slaughter kids and yearlings steady, other slaughter classes $3-6 higher.

Fredericksburg Feeder Steers, Heifers Higher
Feeder steers and heifers sold $1-2 higher, slaughter cows and bulls $1-2 lower. Receipts totaled 1249 head.

Junction High-Dollar Steers And Heifers Up
Feeder steers sold $2-4 higher at the special High-Dollar calf and yearling sale at Junction Stockyards, heifers $1-2 higher. Receipts totaled 477 head.

Colorado City Cattle Prices Trend Higher
Feeder steers and heifers sold $1-3 higher, slaughter cows $1-2 higher, bulls $2 higher, bred stock cows higher, pairs steady. Receipts totaled 1143 head.

Most Giddings Cattle Prices Termed Steady
Feeder steers and heifers sold mostly steady, some lightweights a little higher. Receipts totaled 941 head.

Kansas Direct Feeder Cattle Trade Steady
Feeder steers were mostly steady in Kansas direct trade, heifers steady on a light test. Weather was mild with a scattering of thunder showers. Sales were confirmed on 5146 head.

Cuero Feeder Steers Steady, Heifers Weak
Feeder steers sold steady, heifers a little lower, slaughter cows and bulls steady. Receipts totaled 2038 head.

Domestic Wool Quiet; Aussie Stocks Frozen
Domestic wool trading was at a complete standstill during the past few weeks. Demand remains light from all buying interests, and sellers show little interest as well.

Lampasas Feeder Steer, Heifer Prices Higher
Feeder steers and heifers sold steady to $4 higher, instances $4-6 higher, slaughter cows firm, bulls $2 higher. Receipts totaled 942 head.

Loose Ends

Coming Up...
August 21-22
— Superior Livestoc Auction’s Big Horn Classic Video Sale, Sheridan Holiday Inn, Sheridan, Wyoming. August 21-22 — 1998 MDA Benefit Rodeo, Athens, Texas. August 24 — Special Feeder Sale, Producers Livestock Auction, San Angelo, Texas.



 
Questions? Comments? Suggestions? Email us at
bfrank@livestockweekly.com
915-949-4611 | FAX 915-949-4614 | 800-284-5268
Copyright © 1997 Livestock Weekly
P.O. Box 3306; San Angelo, TX. 76902