| Vol. 51 -
No. 5 |
Thursday,
February 4, 1999 |
$25
Per Year |

THE INDIANS'
CATTLE, as early Spanish explorers
dubbed them, these buffalo east of Denver look
somehow incongruous gathered around a man-made
watering. The scene has a domesticated air, but
the photographer wisely chose not to climb over
the fence for a closer shot. |
Lamb
Prices Soft, Ewes Up And Down
Feeder lambs were generally in small numbers
around the country and prices were mostly on the weak to
lower side. Some prices moved off around $5 in the
Midwest while some in Texas were up a couple of dollars.
Plains
Fed Cattle Trade Stuck On High-Center Through Midweek
It was another one of those "quiet"
weeks in Plains fed cattle trade, at least through
presstime.Packers were bidding $59 and feedlots asking
$63, neither side willing to give much. Given a higher
futures board, feedlots seemed to feel they held a fairly
strong hand, particularly with many cattle set back by
last week's winter storm.
PLAINS
FEEDLOT SALES
RANGE
SALES
OSU
Economist Offers Cautious Optimism About Cattle Market
This year should be better for U.S. cattlemen than
last, says an Oklahoma livestock marketing specialist.
Dr. Derrell S. Peel of Oklahoma State University,
however, is only cautiously optimistic, and a lot of that
optimism depends on how the year develops.
Terrific
Weather Sparks Hope For Imperial Lamb Feeders
Weather-wise, California's Imperial Valley lambs
are having their best season in many years, but only time
will tell about the erratic lamb market. Members
attending the recent National Lamb Feeders Association
annual convention in San Diego had an opportunity to tour
the Imperial Valley and see first-hand some of the lamb
feeding operations there.
Lamb
Numbers, Prices Compete During '98 In Race For Bottom
Nineteen hundred and ninety-eight will go down in
history as a banner year for the lamb market a
black banner. The market began 1998 about $10-15 below
1997 levels and from there it never really recovered. In
fact, it got progressively worse.
Old
Forest Service Hand Sees Range Issues From Both Sides
Fred Galley has seen the public range controversy
from both sides now and he still doesn't have an
answer. Galley was one of the first Range Conservation
Officers with the U.S. Forest Service in the 1950s.
Today, he ranches in New Mexico.
FDA
Proposes Sweeping Limits On Antibiotics For Livestock
The government plans to impose strict new rules on
antibiotics given to livestock to combat concerns that
the medicines are creating drug-resistant germs that wind
up in the meat people eat.
Espy
Aide's Sentence Upheld Against Appeal
A federal appeals court has upheld the conviction
of Ronald Blackley, onetime chief of staff to former
Agriculture Secretary Mike Espy.
Trade
Rep Sees No Indication EU Complying With Beef Edict
Days after a temporary ceasefire was called in the
trade battle between the United States and the European
Union over bananas, another row over food seemed set to
reignite Monday.
U.S.
Sheep And Lamb Inventory Drops To New Record Low Level
The total U.S. sheep and lamb inventory for
January 1, 1999, at 7.24 million head, was down eight
percent from a year ago and 10 percent below two years
ago.
Pork
"Bailout" Catching Flak, Even From Hog Men
Themselves
Direct emergency payments to help struggling hog
farmers sets ``a dangerous precedent'' in the livestock
industry, cattlemen say. And the subsidy has also angered
pork producers, who say the amount was not only insulting
but also causes more problems.
Hagel,
Dorgan Back Ag Gains Tax Relief
Sen. Chuck Hagel, R-Neb., joined North Dakota
Democrat Byron Dorgan Tuesday in offering legislation in
the U.S. Senate to include the family farmer in capital
gains tax breaks given non-rural homeowners.
Hagel Says
Embargoes Should Not Include Ag
U.S. Sen. Chuck Hagel, R-Neb., said Thursday there
is no place to single out U.S. agricultural products when
it comes to foreign trade embargoes.
Burlington
Announces Major Plant Closings
Burlington Industries Inc. has announced what it
calls a "comprehensive reorganization" of its
apparel fabrics division that will include closing seven
of its U.S. plants and laying off an estimated 2900
employees.
Bulldogger
Takes Home Personal Earnings Record In Denver Show
Bulldogger Justin Davis, Sidney, Mont., wrestled
his way to the biggest check of his career at the recent
$447,599 National Western Stock Show and Rodeo in Denver,
Colo., annually one of the PRCA's top five rodeos in
terms of total prize money.
Cattle
Count Off One Percent For The Year At 98.5 Million
All cattle and calves in the United States as of Jan. 1
totaled an estimated 98.5 million head, down one percent
from the revised figure of 99.7 million for the same date
last year and three percent below the 1997 total of 101.7
million, which has undergone its second revision.
Most
Feeder Cattle And Calf Prices Moved Lower Last Week
Feeder cattle prices around the country generally
turned lower last week. Feeder steers and heifers sold
steady to $2 lower except in Kentucky, the Southeast,
Wyoming and the Northwest, where prices were steady to $2
higher.
Texas
Fed Cattle Prices Lower Last Week In Forced Trading
Slaughter steers and heifers moving direct in the
Texas Panhandle and Western Oklahoma last week closed
mostly $1 lower than two weeks ago. Movement the previous
week was light, leaving nearly two showlists to sell.
U.S.
Meat Production 3.6% Above A Year Ago
Total red meat production under federal inspection
last week was estimated at 885.7 million pounds, five
percent less than a week earlier and 3.6 percent more
than a year ago. Cumulative meat production for the year
to date was up .3 percent at 3.78 billion pounds.
Angelo
Feeder Lambs Weak, Cattle Higher
Feeder lambs sold weak in a light test this week,
slaughter lambs firm to $1 higher, slaughter ewes $4-5
higher. Receipts totaled 7504 head, around 35 percent
slaughter ewes and 40 percent goats.
Most
Llano Cattle Prices Move Higher
Feeder steers sold steady to $4 higher, the
advance on lightweights, heifers steady to $2 higher, the
advance on lightweights, slaughter cows $2-3 higher,
bulls $2 higher. Receipts totaled 363 head.
Abilene
Feeder Steers, Heifers Mostly Steady
Feeder steers and heifers sold mostly steady,
slaughter cows and bulls fully steady, stock cows steady,
pairs $30-40 higher. Receipts totaled 1103 head.
Domestic
Wool Slow, Foreign Wools Lower
Domestic wool trading was slow last week under
light demand. Seller interest was limited by those
holding 1998 wool. Limited shearing was noted in the
Pacific Northwest, Midwest areas and Texas again where
weather permitted.
Kansas
Direct Feeder Cattle Trade Higher
Feeder steers and heifers sold firm to $1 higher
in Kansas direct trade last week. The weather was cool
most of the week with 8-12 inches of snow in some local
areas on Thursday night. Sales were confirmed on 12,957
head.
Lampasas
Feeder Steer, Heifer Prices Higher
Feeder steers and heifers sold steady to $1
higher, slaughter cows and bulls steady. Receipts totaled
1400 head.
Junction
Angora Goat Prices Mostly Higher
Feeder lambs sold steady, slaughter lambs steady,
slaughter ewes $2 lower; stock Angora kids and nannies $4
higher, slaughter muttons and billies $2-4 higher, other
slaughter Angoras steady to $1 higher; slaughter Spanish
goats mostly steady, stock nannies steady. Receipts
totaled 2500 head.
San
Saba, Brownwood, Mason Feeders Higher
Feeder steers weighing under 500 pounds sold $2-7
higher in Mason, Brownwood and San Saba last week,
heavier weights steady to $3 higher, heifers steady to $2
higher, slaughter cows steady, stock cows and pairs
steady to strong. Receipts totaled 3666 head at the three
sales.
Graham Feeder
Steers, Heifers Ruled Steady
Feeder steers and heifers sold steady, slaughter
cows steady to $2 higher, stock cows and pairs $10-20
higher. Receipts totaled 917 head.
Texas
Goat Numbers Now Same As Sheep
The January 1, 1999 Texas goat inventory was down
four percent at 1.35 million head, the same number as the
sheep and lamb inventory, which was down 12 percent.
Goldthwaite
Feeder Lambs Trend Lower
Feeder lambs sold $2 lower, slaughter lambs
steady, slaughter ewes $3 lower, bucks steady; slaughter
Spanish goats $3-5 higher, stock nannies $2 higher;
slaughter Angora goats $3 lower. Receipts totaled 3000
head.
Cuero
Feeder Cattle Sell Steady To Off
Feeder steers and heifers sold mostly steady
except lightweights lower, slaughter cows $1-3 higher.
Receipts totaled 1485 head.
Most
Colorado City Cattle Prices Higher
Feeder steers and heifers sold $1-3 higher,
slaughter cows $1-2 higher, bulls steady. Receipts
totaled 313 head.
Fredericksburg
Feeder Steers, Heifers Steady
Feeder steers and heifers sold steady, slaughter
cows and bulls $1 higher. Receipts totaled 1709 head.
Letters
To The Editor
Loose
Ends
Coming
Up...
February 6 Bradley 3 Angus and C Bar Charolais
Sale, at the ranch, Memphis, Texas. February 20
5th Annual 7P Ranch Spring Bull and Commercial Female
Sale, Longview Livestock Commission Company, Longview,
Texas. February 21-22 Hats Plus Sales
Two-Day All-Breed Horse Sale, San Antonio Rose Palace,
San Antonio, Texas.
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