The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1922-06-23
MARKET REVIEW
Compiled by the Nebraska State
Bureau.
CATTLE STEADY TO STRONG
Receipts Of Hogs Heavy. Sheep Mar
ket Shows Decline. Wheat Market
Erratic. Butter Market Firm.
LIVESTOCK.

LIlESlOCk.
Cattle: The cattle market ruled
steady TO strong for the better quality
OF beef steers, but was weak for poorer
grades. The market on beef steers
reached the highest point of the
year which fact seemed to have Il
tendency 70 dull the demand. Top of
better grades ruled around S9.000925.
She-st0ck ruled steady to 15c higher,
choice beef cows selling up to S7.2J
and prime yearling heifers up to $3.50.
Beef bulls ranged steady to higher,
selling from $4.0O@5.00. Veal calves
declined soc TO $500 from last week.
Stocker and feeder supply continues
scarce.
Hogs: Receipts Of hogs on the seven
principal markets were heavier than
for same period last week. A weak
ness in the market developed on Mon.
day with n decline of l0@15c, but be,
gan a recovery on Tuesday. On Thurs.
day, prices ruled about steady with
same day last week. The demand for
good and choice medium and lighter
weight butchers was good turnout the
week. Packing grades were steady
with week ago.
Sheep: Narrow outlet for dressed
lamb on Eastern markets and a sharp
decline in prices caused a weakened
demand on the sheep market the mid.
die Of the week. Prices declined 250
soc on lambs. Spring lambs and clip.
ped, fed lambs ruled about soc lower
than previous week. The demand for
choice native lambs was good, selling
from Sl200@13.OO. Feeding lambs de-
clined during the week from 75c tC
S1.JO.
GRAIN.
Wheat: All wheatS on Chicago board
began n recovery on Tuesday Of a Al
Sc decline Of Monday. Liquidation on
Saturday seemed to be the |prevailing
factor causing the decline. The GOV.
eminent estimate of COZ 5000 o bush
els given out on the Sth is not expected
to be enlarged in future reports be
cause of the advanced condition OF the
crop. Chicago July closed Monday at
S1.O9A but reached $1.12A on We'd
nesday but declined again on Thursday
TO $l.092s. Visible supply, 25,S0S,0 900
bushels.
Corn: Chicago cash corr declined
from sc TO 13sc on Tuesday but re-
acted OF Wednesday gaining Sc. Sep
TENDER corn closed Thursday at 643sc.
Visible supply of corn was 30,313,0O0
bushels.
POTATOES.
Shipments of early potatoes Nere
3,14o cars, an increase Of nearly 1000
cars Owe last week, and 1,4S6 cars of
late potatoes. Early stock advanced
around $100 per Dbl. on the northern
markets. Irish cobblers sold at $500
Q$7.50 per Dbl. and Bliss Triumphs
at S2.T5G3.I5 per cwt. in middle west
ern markets. Round whites advanced
Soc on the Chicago market.
POULTRY.
Receipts were light the fore part of
the week and prices advanced, but
heavier shipments later caused u de-
cline. Dressed poultry has ruled
steady to firm. Receipts on four mar
kets since January / this year were
$4,000 lbs. heavier than for same
period last year. Local prices: Hens,
Qight) Ice, (heavy) 1Sc; Broilers, 2Sc;
Old roosters, Sc.
Eggs: Egg receipts on the four
principal markets since January / have
been w three-Quarters of a million
cases more than for the same period
last year. Reports Of June u, from
same cities, show about n million
cases more in storage than on same
date last year. Prices have remained
steady this week. Fresh gathered
firsts sold on the Chicago market at
22922hc. Local price, 1Sc.
DAIRY.
In the face Of heavy receipts, the
butter market has remained firm, pro-
badly due 10 the low storage supplies.
Reports from four principal markets
show an increase in receipts sihce
January 1 of 37,357, SOL lbs. over same
period last year and the storage stocks
or the same markets show a decrease
of 6,103,577 lbs. over that of same date
last year. 93 score sold ON the Chicago
market ut 35436c.