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.

LIVESTOCK.
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 TO dull the demand. Top Of
better grades ruled around $90009.25.
She-stock ruled steady to 15c higher,
choice beef cows selling up to $50
and prime yearling heifers up to $3.50.
Beef bulls ranged steady to higher,
selling from $4.00@5.00. Veal calves
declined 50c 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 a decline Of 10Q15c, 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 300
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 S1200013.00. Feeding lambs de-
clined during the week from 75c tC
$50.
GRAIN.
Wheat: All wheats on Chicago board
began IL recovery on Tuesday Of q 40
&c decline of Monday. Liquidation on
Saturday seemed to be the prevailing
factor causing the decline. The gov
eminent estimate of COZ 100000 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
$1.09& but reached S1.12A on We'd
nesday but declined again on Thursday
TO $l.0938. Visible supply, 25,S0S,0O0
bushels.
Corn: Chicago cash corn declined
from 5sc to 13sc on Tuesday but re-
acted IN Wednesday gaining Sc. Sep
TENDER corn closed Thursday at 64%c.
Visible supply of corn was 30,313,00O
bushels.
POTATOES.
Shipments Of early potatoes Eere
3,14O cars, an increase Of nearly 1000
cars over last week, and 1,4S6 cars Of
late potatoes. Early stock advanced
around $1.00 per Dbl. on the northern
markets. Irish cobblers sold at 5000
Q$7.50 per Dbl. and Bliss Triumphs
at $2.7503.75 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 l this year were
$4,000 lbs. heavier than for same
period last year. Local prices: Hens.
(light) Ice, (heayy) 1Sc; Broilers, Csc;
Old roosters, Sc.
Eggs: Egg receipts on the four
principal markets since January / have
been over three-Quarters of a million
cases more than for the same period
last year. Reports Of June II, 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
22@22hc. Local price, 1Sc.
DAIRY.
In the face Of heavy receipts, the
butter market has remained firm, pro-
badly due to the low storage supplies.
Reports from four principal markets
show an increase in receipts since
January 1 of 37,357, sol lbs. wei same
period last year and the storage stocks
on 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 at 35Q36c.