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Plains Feedlots Asking
$101-102
Against Bids Of $97 At Midweek
Plains fed cattle trade — or lack of same as of Wednesday afternoon
— appeared to be mirroring last week with the exception that cattle
were selling at this point last week. Feedlots were asking $101-102
against a few perfunctory bids of $97. The upshot last week was a
mostly $99 market.
Slaughter Meat Goat Prices
Steady To Lower Most Places
Slaughter meat goat prices ranged from steady to much lower in
recent sales. Goldthwaite was $8-10 lower and Hamilton $10 lower,
but Fredericksburg and San Angelo were steady, New Holland,
Pennsylvania mostly steady to as much as $10 per head higher on
lightweights. Junction did not sell Monday in observance of Labor
Day.
Feeder Lambs Mixed,
Balance Mostly Steady
Light feeder lambs at San Angelo Tuesday were steady on the few
receipts reported as several Texas markets were struggling with bids
as much as $10 lower than last week’s market. Slaughter lambs
managed to hold prices on the heavy end, but the light end was weak
to $1-2 lower and slaughter ewes were steady to weaker.
RANGE SALES
Overcapacity In Packing Sector
Not Much Of A Concern For JBS
Last year Brazilian-based packing giant JBS, then Latin America’s
largest beef producer, made big news in the U.S. cattle industry
when they announced the acquisition of Greeley-based Swift &
Company. The company had earlier acquired all of Swift South
America, and their acquisition of Swift’s U.S.-based operations made
JBS the third largest packer in the U.S.
Rainwater Specialist
Advises
Controlling Every Drop Of Rain
Water is a valuable resource, becoming more so all the time, and
Billy Kniffen says all landowners should manage every drop of rain
that falls on their place.
N.M. Cattlemen Facing
Limits
In Efforts To Increase Value
Dr. Jerry M. Hawkes says that in this world of change and flux,
there are opportunities for New Mexico cattlemen to add value to
their cattle and beef.
Retained Ownership Of Calves
Attractive, But Carries Risk
Relatively attractive prices for feeder cattle in relation to calf
prices are causing interest in retained ownership enterprises this
fall/winter/spring season. High feed costs are continuing to
increase market vulnerability, indicating that retained ownership
enterprises will carry high risk.
Museum Curator Recounts
Story
Of Colt And Winchester Rivalry
In this Texas Panhandle town to review the firearms collection at
the Panhandle Plains Historical Museum, the largest in Texas,
Herbert Houze offered some insight to Samuel Colt and his company's
arch-competitor, Winchester.
Korean Admits Failure To
Listen
To Public On U.S. Beef Imports
Seoul's limited efforts to communicate with the South Korean public
may have led to the nearly three-month-long protests against U.S.
beef imports.
Abilene Light Steer Trend
Steady To Firm
Feeder steers under 500 pounds were steady to firm, over 500 pounds
steady to $2 lower, heifers steady, slaughter cows and bulls steady
to firm, replacement cows and cow-calf pairs $100 lower on a light
test. Receipts totaled 790 head.
Angelo Lamb, Kid Prices Hold
Steady
Light slaughter lambs were firm Tuesday, slaughter ewes steady,
feeder lambs steady, nannies firm to $4 higher, kid goats steady.
Estimated sheep and goat receipts totaled 3765 head.
Athens Feeder Steer Prices
$3-6 Higher
Feeder steers were $3-6 higher, heifers $1-3 higher, slaughter cows
steady, slaughter bulls steady on a light test. Receipts totaled
1344 head.
Boxed Beef Cutout Prices
Mostly Lower
The national comprehensive boxed beef cutout report for last week
showed prices down $1.05 from the previous week at $158.89. A year
ago, the cutout value was $144.14.
Clifton Steers Rise $2-3,
Heifers Steady
Feeder steers were $2-3 higher, heifers steady, slaughter cows and
bulls $3 higher. Receipts totaled 1255 head.
Crockett Feeder Cattle
Steady To $2 Higher
Feeder steers and heifers were steady to $2 higher, slaughter cows
and bulls steady to firm. Receipts totaled 959 head.
Dalhart Feeder Cattle
Prices Remain Steady
Feeder steers and heifers were steady compared to the previous
week’s light test, slaughter cows weak to $3 lower, slaughter bulls
$2-3 lower. Receipts totaled 1581 head.
Edinburg
Feeder Cattle
Steady To Lower
Feeder steers and heifers were steady to $1 lower, slaughter
cows and bulls steady. Receipts totaled 508 head.
Light Emory Feeder Steers
$7-10 Higher
Feeder steers under 500 pounds were $7-10 higher, over 500 pounds
firm, heifers steady to $3 higher, slaughter cows $1-2 lower,
slaughter bulls $2-3 lower on a light test. Receipts totaled 729
head.
Fredericksburg Packer
Goats Steady To Firm
Stock and feeder lambs were steady on a light test, slaughter lambs
steady, stock and feeder goats steady on a light test, slaughter
goats steady to firm. Receipts totaled 2032 head.
Goldthwaite Light
Packer Lambs Lower
Light slaughter lambs were $8-10 lower, heavyweights steady,
slaughter goats $8-10 lower. Receipts totaled 3219 head.
Hamilton Lamb, Kid Prices
Decline $10
Lambs sold $10 lower Monday, ewes $5 higher, kid goats $10 lower,
nannies steady. Sheep and goat receipts totaled 2561 head.
Imported Meat Total 27%
Below Last Year
Imported meat for the week ending July 19 totaled 24,602 metric
tons. This compares to 33,622 metric tons for the same period last
year and is a 27 percent decrease. The following figures represent
metric tons.
Mason, San Saba Feed Steers
$1 Higher
Feeder steers sold $1 higher, stocker steers $2 higher, feeder
heifers no change, stocker heifers sold $1 higher, slaughter cows
sold $5 lower, slaughter bulls $3 lower, stocker cows and pairs were
$10-$20 higher. Receipts totaled 4415 head.
Lampasas Feeder Steer
Prices $2-3 Higher
Feeder steers were $2-3 higher, heifers $1-2 higher, slaughter cows
steady to weak, slaughter bulls steady to firm. Receipts totaled
1149 head.
Mohair LDP Up Wool Unchanged
WASHINGTON — As of Wednesday the LDP for mohair rose to $1.06. The
ungraded wool LDP was unchanged at 17 cents.
Most Lockhart Steers,
Heifers Sell Higher
Feeder steers and heifers were $1-2 higher, instances $3-5 higher,
slaughter cows and bulls $1-2 higher. Receipts totaled 596 head.
U.S. Red Meat Output 4.6%
Above A Year Ago
Total red meat production under federal inspection last week was
estimated at 964.3 million pounds. This was .1 percent higher than
the previous week and .8 percent lower than last year. Cumulative
meat production for the year to date was 4.6 percent higher than
last year.
Feeder Cattle Sell Mostly
Steady
To Off Across Country Last Week
Feeder and stocker cattle sold mostly steady to $2 lower across the
country again last week, with the exception of the southeastern
complex where trading was steady to $2 higher for the most part.
Navasota Feeder Cattle
Called Unevenly Steady
Feeder steers and heifers were unevenly steady, slaughter cows
uneven, slaughter bulls $1-4 higher. Receipts totaled 1414 head.
Brazile Leads PRCA All-Around;
Dent Remains A Distant Second
Trevor Brazile, Decatur, Texas, leads the PRCA all-around rodeo
competition with $194,777 in season earnings to date. He is followed
by Steven Dent, Mullen, Neb., with $124,736; Josh Peek, Pueblo,
Colo., $122,762; Cash Myers, Athens, Texas, $105,407; and Curtis
Cassidy, Donalda, Alberta, Canada, $103,808.
Three Rivers Steers Mostly
$3-8 Higher
Feeder steers were $3-8 higher, instances $10 higher, heifers $3-7
higher, slaughter cows steady. Receipts totaled 597 head.
Domestic Wool Slow, Aussie
Market Down
Domestic wool trading on a clean basis remains at a standstill under
moderate demand for the balance of unsold wool.
Loose
Ends
Letters to the Editor
Hindsights
Coming Up...
September 4
— Special Stocker and Feeder
Sale, Jordan Cattle Auction,
San Saba,
Texas.
September 4
— Premium Weaned Calf
Sale, Jordan Cattle Auction,
San Saba,
Texas.
September 4
— Special Cow
Sale, Producers Livestock Auction, San Angelo,
Texas.
September 6
— Absolute Farm Auction, Saturday, September 6, 10:30
a.m., Lubke Ranch, Priddy, Texas
September 6
— Bobby Edmond’s Special September Riding Horse Sale,
Amarillo Livestock Auction, Amarillo, Texas.
September 8
— Stocker and Feeder Calf
Sale, Producers Livestock Auction, San Angelo,
Texas.
September 11
— Annual True F-1 Deep Creek
Sale, Jordan Cattle Auction,
San Saba,
Texas.
September 15
— Special Stocker and Feeder
Sale, Jordan Cattle Auction,
Mason,
Texas.
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