The Miller press. [volume] (Miller, S.D.) 190?-current, 1923-03-01
HOG PRICES DECLINING
Grain Prices Had Weak Under
tone for the Week
q. S. Bureau of Markets. Washington, ID. c.,
for week ending February %. 1928.

for week ending February %. 1928.
GRAIN: Grain markets had a weak
undertone during the week and pric.
es closed lower. Liquidation. selling
for eastern account. and bearish pres.
sure caused declines. Chicago May
wheat down 2%c net. Chicago May
corn half cent. Chicago May wheat
dropped to $1.171a shortly after open.
ing On the 23rd and made only a slight
recovery. Volume of business small.
Corn prices narrow and lower with
crop improved account heavy rains
past few days. Closing prices in Chi.
cago cash market: No. 2 red winter
wheat S1.35, No. 2 hard winter wheat
$1.20, No. 2 mixed corn 73c, No. 2
yellow corn 73c, No. 3 white oats 44c,
Average farm prices: No. 2 mixed
corn in central Iowa Coo, No. 2 hard
winter wheat in central Kansas $1.05
No. / dark northern wheat in central
North Dakota $1.01. Closing future
prices: Chicago May wheat $1.17B;
Chicago May corn 74%: Minneapolis
May wheat S1.1SB Kansas City May
wheat $1.09A; Winnipeg May wheat
$1.14.
LIVESTOCK AND MEATS: Chica.
go hog prices declined 10 to Csc from
a week ago. Beef cattle ranged from
soc lower to 35c higher, butcher cows
and heifers steady to Csc and feeder
steers steady to 15c up. Veal calves
were Csc lower to csc higher. Fat and
feeding lambs generally Csc lower with
yearlings ana fat ewes unchanged On
February 23rd hogs opened 10 to Csc
lower, closed fully Csc lower than
thursdays average. Beef steers steady
to 15c higher, better grades showing
the advance. Other classes generally
steady. Medium light veal calves rs &c
soc lower. Fat sheep and lambs gen
orally 25c higher. Feb. 23rd Chicago
prices: Hogs top $S.35. bulk of saies
$7.70-8.25, butcher cows and heifers
$S.25-1025, feeder steers ~$5.75-8.15
light and medium weight veal calves
sS.25-1325: fat lambs $13I5.40; feed
ing lambs $"13.25-15.4 40, yearlings 50 SO
1850. fat ewes $5.75-8.50. Stocker and
feeder shipments during the week
ending Feb. 10th were: Cattle and
calves 42,110. hogs 1903, sheep 27.799
n eastern wholesale fresh meat mar
kets beef was generally steady, veal
firm to 50 higher, lamb 81 to So high
or, mutton 81 lower to soc higher. and
light pork loins firm to soc and heavy
,oins firm to 81 up for the week. On
Feb. 23rd stee~ beef was soc to 81
.ower and mutton was weak to 81
% 81 higher at Boston. All other class
- and grades generally steady. Feb
3rd prices good grade meats: Beet
S13.-5. Veal $20-25. Lamb $22-26. Nut
ton $13-16, Light pork loins $l5-lS
Heavy loins ~$12.50-14.50. 4.
DAIRY PRODUCTS: Cheese mar
kets gained strength during the past
week but are weaker at close. Prices
of Wisconsin cheese ere reduced ano
with trading on a lower basis a more
active demand should develop. Com
paratively little Shipping was passed
out to Wisconsin until last Saturday
The severe weather also made it i'm
possible for factories to move theii
cheese to warehouses, and also farm
ers could not send milk to factories
Cheese prices at Wisconsin primary
markets Feb. 21st: Single Daisies
24A, Dorble Daisies "a, Longhorns
rs, Square Prints 25. Butter market
steady to firm. Shortage OF supplies re
sulting from storm in producing sec
tons stimulated buying early in week
and caused prices to advance. At the
close there was an unsettled feeling
although buyers have continued tc
take cuts an aedfo :Safl vbgkqj aqi.
take cuts al ,ad of their immediate re
quirements. Demand for undergrade
butter heavy at high prices prevailing
on top grades. Chicago May q oted
higher than New York most of week
and cars OF centralized butter usually
going to New York being sent to Chi
cago to fill contract for future deliv.
cry. Imports during the week include
1920 boxes OF Argentine. Closing pric
es 80 score butter: New York 81, Chi
cage SO.