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| Vol. 50 - No. 50 | Thursday, December 17, 1998 | $25 Per Year |
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Lamb
Prices Higher, Lamb Imports Up
Lamb prices moved higher on both fats and feeders
this week despite the second largest weekly volume of
lamb imports to reach the country this year. Lamb and
mutton passed for entry into the United States totaled
3.2 million pounds last week, the equivalent of 64
percent of domestic production. Most of that would be
from lightweight animals, and lightweight carcasses on
the East Coast moved up $5. The upcoming holiday fare
must be favoring lamb.
Plains
Fed Cattle Trading Off Again In Short Session
Santa Claus ain't comin' to town. At least he
hasn't been seen around any feedlots lately. Texas
Panhandle feeders saw cattle sell for $58 Tuesday and
faced $57 bids Wednesday, at least briefly. Texas counted
about 30,000 head selling Tuesday and a total of 77,094
through midweek on a 78,000-head showlist. Almost 33,000
of them were captives.
Sheep Have Been
The Foundation At Maria Behety For A Century
RIO GRANDE, Tierra del Fuego, Argentina —
Maria Behety is one of the largest and most reputable
sheep farms in the Southern hemisphere. Jose Menendez, a
native of Spain, established Maria Behety in 1897 when he
brought sheep from the Falklands. Originally it was known
simply as "No. 2" because it was actually the
second farm established by Menendez, and the animals were
branded as such.
Economist
Gives Quick Overview Of Emergency Assistance Program
Ranchers are reminded that the sign-up period for the
$200 million Emergency Livestock Feed Assistance program,
funded by Congress in the recent omnibus appropriations
bill, began across the nation on November 23 and ends on
January 8, 1999.
NCBA'S
Willingham Discusses Beef Origin Labels With NMCGA
While National Cattlemen's Beef Association
President Clark Willingham and the New Mexico Cattle
Growers disagree over how to handle it, they concur that
beef in the supermarket needs to be labeled as to the
country where the cattle were raised.
Ranchers
Donate Land To Save Ancient Art
In their quest to control ever more private
property and to eliminate productive enterprise on public
land, government agencies and environmental activists
have made a habit of portraying ranchers as despoilers of
the earth. As much land as possible, they insist, must be
"protected" from these greedy merchants of
capitalist excess.
Japanese
Claim Improved Rate Of Cloning In Calf Experiment
Japanese scientists say they have cloned eight
calves from the cells of a single adult cow, using
techniques Scottish scientists developed to produce the
famed sheep known as Dolly.
Steers,
Heifers Weak To $1 Off In Angelo Special Sale Monday
Steer and heifer prices were weak to $1 lower here
Monday in the season's tenth and final special feeder
sale at Producers Livestock Auction. Trading and demand
were termed moderate, the quality average to attractive,
including numerous bunches of fresh preconditioned
cattle.
Record
High Fall Temperatures Boost Calf Demand And Prices
Open weather with record high fall temperatures
put some heat in the calf market across the country last
week. Feeder cattle and calves sold steady to $3 higher
and yearlings were unevenly steady.
Captive
Supply Issue Prompts Breakaway Kansas Organization
Some Kansas cattlemen, angry with market policy
taken by the 104 year-old Kansas Livestock Association,
are forming their own splinter industry group.
World
Wool Output Lowest Since 1960s
World wool production this season will hit its
lowest level since the 1960s, the International Wool
Textile Organization predicted Monday. The agency said
that, in line with falls throughout this decade, global
production in the 1998-99 (July-June) season would total
an estimated 1.42 million metric tons clean basis,
compared with 1.446 million tons estimated for 1997-98.
Texas
Fed Cattle Prices Closed Lower After Most Sales Steady
Slaughter steers and heifers closed mostly $1
lower in Texas Panhandle and Western Oklahoma feedlot
trading, though many cattle traded at midweek at steady
levels before buyers pushed bids lower.
Angelo
Lambs Mixed, Feeder Cattle Steady
Feeder lambs sold firm to $1 higher this week,
slaughter lambs weak to $2 lower, slaughter ewes firm to
$1 higher. Receipts totaled 12,797 head.
San
Saba, Brownwood, Mason Feeders Mixed
Feeder steers and heifers weighing less than 650
pounds sold steady to strong in Mason, Brownwood and San
Saba last week, heavier weights steady to $1.50 lower.
Slaughter cows and bulls were steady to $2 higher, stock
cows steady. Receipts totaled 3122 head at the three
sales.
Graham
Feeder Steer, Heifer Prices Lower
Feeder steers and heifers sold $1-2 lower, most steers
under 450 pounds steady, slaughter cows and bulls 50
cents to $1 higher, stock cows and pairs fully steady.
Receipts totaled 1196 head.
Llano
Feeder Steers, Heifers Trend Lower
Feeder steers sold steady to $2 lower, some
lightweights $3-5 off, heifers $1-3 lower, slaughter cows
$2-3 higher, bulls steady. Receipts totaled 511 head.
Most
Junction Sheep, Goat Prices Higher
Feeder lambs sold $3-4 higher, slaughter lambs $5
higher, slaughter ewes and bucks $5 higher; stock Angora
nannies and muttons $10 higher, slaughter Angoras $3-5
higher; slaughter Spanish goats $6-8 higher, stock
nannies $3 higher. Receipts totaled 2929 head.
Abilene
Feeder Steer, Heifer Trends Steady
Feeder steers and heifers sold mostly steady,
slaughter cows and bulls $1-1.50 higher, stock cows and
pairs steady. Receipts totaled 1583 head.
Kansas
Direct Feeder Cattle Trade Steady
Feeder steers sold mostly steady in Kansas direct trade
last week, heifers too limited for a test. The weather
was fairly mild with temperatures in the mid-40s to the
20s. Sales were confirmed on 4260 head.
Most
Milano Cattle Prices Termed Steady
Feeder steers and heifers sold steady, slaughter
cows and bulls steady. Receipts totaled 883 head.
Fredericksburg
Feeder Steers, Heifers Mixed
Feeder steers under 625 pounds sold strong,
heavier weights $1-2 lower, lightweight heifers $1-3
higher, heavyweight steady, slaughter cows and bulls
steady. Receipts totaled 2792 head.
Lampasas
Feeder Steer, Heifer Prices Higher
Feeder steers and heifers weighing under 600
pounds sold $4-5 higher, heavier weights steady to $2
higher, slaughter cows and bulls steady. Receipt totaled
1450 head.
Colorado
City Feeder Cattle Prices Steady
Feeder steers and heifers sold steady, slaughter
cows steady to $3 higher, bulls steady, bred stock cows
and pairs steady. Receipts totaled 302 head.
Goldthwaite
Feeder, Fat Lambs Higher
Feeder lambs sold $2 higher, slaughter lambs $5
higher; slaughter Angora muttons steady; slaughter
Spanish kids steady, other slaughter goats $6-8 higher;
stock nannies $7 higher. Receipts totaled 2200 head.
U.S.
Meat Production 8.8% Above A Year Ago
Total red meat production under federal inspection
last week was estimated at 906.1 million pounds, .4
percent more than a week ago and 8.8 percent above a year
ago. Cumulative meat production for the year to date was
up 3.4 percent at 42.1 billion pounds.
Cuero
Cattle Active, Prices Termed Mixed
Trading was active with cattle price trends
generally mixed. Receipts totaled 3368 head. Feeder
steers: 300-350 lbs. $89-101, 350-400 lbs. $80-92, few
$93-98, 400-450 lbs. $79-84, 450-500 lbs. $68-78, 500-600
lbs. $65-75, 600-700 lbs. $52-62, over 700 lbs. $46-59.
Coming
Up...
December 19 — Special Replacement Cow Sale,
Muenster Livestock Commission, Muenster, Texas. December
19-20 — Hats Plus Sales 2-Day, All Breed Horse
Sale, San Antonio Rose Palace, San Antonio, Texas.
