The Eastern Cornbelt Daily Direct Summary from Tuesday as reported by the U.S. Department of Agriculture's Agriculture Marketing Service:
Barrows and gilts on a carcass basis: 40 cents lower
On a carcass basis plant delivered (54-62 pct. lean):
76.35-79.00, weighted average 78.02.
Actual pricing with lean premiums added:
0.8-0.9 inches backfat: 77.00-83.28.
0.6-0.7 inches backfat: 80.00-86.07.
Total prior day negotiated sales: 4,665.
Tuesday's total movement: 69,931.
RESULTS FROM UNITED PRODUCERS AUCTION
Market trends for Wednesday:
Hogs steady; cattle steady; sows steady.
Results of Tuesday's auctions at Caldwell, Eaton and Wapakoneta:
Market 62.00-63.50; light 64.00 and lower; heavy 67.50-72.00.
Light 71.25-75.00; heavy 77.50-79.50.
Light 46.00 and lower; heavy 28.00 and lower.
Commercial and utility 60.00-91.50.
All bulls 65.00-90.00.
Yearling: steers 120.00-140.00; heifers 120.00-135.00.
Calves: steers 140.00-162.00; heifers 120.00-150.00.
550 lbs. and down 75.00-95.00.
Sheep and lambs
Choice wools 149.00-153.00.
Aged slaughter sheep 40.00 and lower.