The Farmer's Weblog
 |
Wednesday, November 13, 2002 |
Spot cotton trading slowed in the Desert Southwest (DSW). Supplies increased as ginning progressed. Demand remained good for current high-grade ginnings. Color grade 31 and better, leaf 3 and better, staples 35 and 36, mike 37-49 traded at around 48.80 cents, uncompressed, FOB warehouse.
9:19:37 AM
comment []
slaughter so far this year is 3 percent below the five-year average.
9:14:14 AM
comment []
The larger weights were in part due to steers and heifers posting impressive gains and feed conversions compared to previous years.
9:12:24 AM
comment []
The key factor that has depressed prices for livestock and poultry in 2002 was the supply of product in the domestic marketplace. For the balance of 2002, the picture will not change much, however, 2003 will likely bring lower production levels for all red meat items.
9:10:36 AM
comment []
The market[base ']s struggle to touch the 50 cent market was rewarded this week, if only for a moment.
9:07:27 AM
comment []
Cow-calf producers selling five-weight calves this fall are probably asking when the cattle world changed and why didn[base ']t anyone tell them. At times, it seams they have almost had to pay someone to take a 550 pound steer.
9:01:42 AM
comment []
In feeder cattle, the March did make a new contract high at $81.75 on Monday but then closed back below the close on Friday.
8:58:11 AM
comment []
