Cattle prices mostly steady. Receipts totaled 405 head.
Domestic wool trading on a clean basis was inactive this week with no confirmed trades reported.
Imported meat for the week ending June 20 totaled 40,086 metric tons. The following figures represent metric tons.
Yearling steers and heifers $1-5 higher, slaughter cows and bulls $2-4 higher. Receipts totaled 1207 head.
Compared to last week, steer calves under 600 pounds $3-6 higher, feeders over 600 pounds steady, heifer calves under 500 pounds $2-3 higher, calves and feeders over 500 pounds $1-2 lower with a few 700-750 pounds $5 higher, slaughter cows $1 higher, bulls steady. Cattle receipts totaled 1150 head.
Compared to last week, steer and heifer calves and yearlings $1-3 lower, slaughter cows and bulls firm to $1 higher. Cattle receipts totaled 1670 head.
Compared to last week, steers and heifers sold steady to $4 higher, with the biggest advance being in the North-Central region.
Total red meat production under federal inspection for the week ending June 27 was estimated at 1139.8 million pounds. This was 2.8 percent higher than a week ago and 9.3 percent higher than a year ago. Cumulative meat production for the year to date was 1.5 percent lower than last year.
70 YEARS AGO
Joe Clements, Hope, New Mexico, has sold 800 lambs to a Northern buyer for November 1-10 delivery weighed at his ranch at 22 cents a pound.
Perry Adkinson, Ph.D.