| 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
wasnt to be. Nor was this year. Now an industry
analyst says the market cycle top wont 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 Auctions
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.
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