Created on Wednesday, 15 January 2014 Written by THE ASSOCIATED PRESS
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: 92 cents lower.
On a carcass basis plant delivered (67-78.32 pct. lean):
72.00-78.00, weighted average 75.17.
Actual pricing with lean premiums added:
0.8-0.9 inches backfat: 72.00-80.94.
0.6-0.7 inches backfat: 75.00-83.65.
Total prior day negotiated sales: 3,718.
Tuesday's total movement: 76,678.
RESULTS FROM UNITED PRODUCERS AUCTION
Market trends for Wednesday:
Hogs 1.00 lower, cattle steady, sows steady.
Summary of Tuesday's auctions at Eaton, Caldwell and Wapakoneta:
Market 57.50-59.00; light 63.50 and lower; heavy 58.00-60.00.
Light 65.00-68.75; heavy 67.50-69.75.
Light 45.00 and lower; heavy 26.50 and lower.
Choice steers 130.00-136.00; heifers 128.00 and lower.
Holstein steers 122.50 and lower.
Commercial and utility 64.00-113.00.
All bulls 95.00-111.50.
Yearling steers 120.00-161.00; heifers 120.00-151.00.
Steer calves 140.00-280.00; heifers 120.00-174.00.
Sheep and lambs
Choice wools 165.00 and lower.
Feeder lambs 205.00 and lower.
Aged slaughter sheep 76.00 and lower.