The Miller press. [volume] (Miller, S.D.) 190?-current, 1922-08-03
CASH OFFERS SCARCE
Cattle and Hog Prices Remain
About the Same.
u. 8. Bureau Of Markets, Washington. D.. C
for week ended July 2s, 1929.

~ Ds DAhrht VI mhTkGIB, WABnlnHtOn. I'D. L..
for week ended July 20. 1929.
GRAINi Wheat prices during first
half OF week experienced losses be.
cause of favorable crop and weather
conditions and hedging pressure. A
large export demand for wheat devel.
oped on the 25th and exporters stayed
In market and continued to buy on
all breaks until close OF week. The
market sentiment however was bear.
ish despite export sales. The week
closed with losses In wheat ranging
from n cent to more than two cents
In the various markets. Cash corn
was In strong demand but prices fuc-
tuated largely in sympathy with wheat.
On the 2Sth wheat market advanced
sharply due to strong cash demand
and continued export business but
prices lost most of gain sunder hedg-
ing pressure and liquidation through
commission houses. Corn was strong
but fluctuated with wheat. Closing
prices in Chicago cash market: No. 2
red winter wheat $1.10; No. 2 hard
winter wheat s1.15; No. 2 mixed corn
SEC; No. Q yellow corn &c; No. 8
white 35c. Average farm prices: No. 2
mixed corn in central Iowa 52h; No.
2 hard winter wheat In central Kan
sas 90c; No. i dark Northern wheat
in central North Dakota t.10A. Clos
ing future prices: Chicago September
wheat $1.08%; Chicago September
corn 63$; Minneapolis September
wheat S1.14B; Winnipeg October
wheat $1.14%; Kansas City September
wheat $1.00h.
hog prices ranged Is to soc lower than
Ia week ago, heavy hogs losing most.
tCattle prices were not materially
.l,changed, beef steers 10 to 15c lower;
heifers steady, cows steady to 1Oc
higher, fat lambs steady to 15c lower;
feeding lambs down soc net. Yearlings
were 15c to $1.25 lower for the week.
Acc lower to Csc higher while fat ewes
On July 2Sth at Chicago hogs opened
Is to Csc higher. Closed firm on light
hogs and 10 to 15c higher on others.
Beef steers strong, butcher cows and
heifers and stockers steady; bulls dull
~uneven!y lower; calves around Csc
lower. Lambs strong 70 higher, consid-
ering quality, sheep very scarce. July
2Sth, Chicago prices: Hogs top $40 60;
bulk of sales $8.25 to $1,000, medium
and good beef steers $50 to $9.S5:
butcher cows and heifers 81 to 1886;
feeder steers $685. to SITS; light and
medium weight veal calves $3.50 to
$10.25; fat lambs s12 to s13. Feeding
lambs $11.50 to $12.5O; yearlings $3.50
to $1O.S5; fat ewes SO to $3.50. Stock
er and feeder shipments from IL i'm
portant markets during the week end
ing July list were: Cattle and calves
1887; hogs $40; sheep 34,919. All
classes of fresh meat in eastern
wholesale markets showed declines for
the week. Beef declined soc to 81; veal
50 to $4;l;lamb So to So; and mutton
So to SIS down; light pork loins were
weak to 81 lower and heavy loins 81
to So down per 100. lbs. On July 2Sth
lamb, mutton and pork loins. weak to
81 lower ;.iveal weak and beef weak to
So lower per 100 lbs. July 2Sth prices
good grade meats: Beef $14 to SIS so;
veal $13 to $14; lamb. $40 to SIS; NUT
ton $13 to SIS; light pork loins $40 to
$23; heavy loins SIP to SIS.
DAIRY PRODUCTS. Butter maj
kets unsettled during. the week. Pric-
es have been f%iuctuating from day to
day. Heavy receipts and storage stocks
are the weakening factor. Closing
prices, go score butter: Chicago S3kc.
| Cheese markets show weaker trend
with trading on lower basis in line
with lower cost at country points. De-
mand still relatively light.