HEAVY TEXAS STEERS

1. Bids from the Far East were seen at $45.00 c&f this morning

1. A bid at $37.00 was countered at $41.00 on 60/62 lb. averages.

1. A bid was seen at $48.00 c&f and countered

1. A packer reported a sale at $41.00 today

BRANDED STEERS

1. Colorado’s sold at $36.00 on 62/64 lb. averages

1. 60/62 lb. averages were bid and passed at $38.00 by the far forward producer

1. Bids in volume at $32.00 was passed by the producer

1. Western branded steers traded at $37.00 on 60/62 lb. averages, steady with sales the week before.

1. A bid at $38.00 on heavy averages was passed by the producer

1. Heavy averages sold at $41.00

1. Colorado steers sold at $34.00

BUTT BRANDED STEERS

1. A $38.00 bid was passed by the producer

1. 62/64 was posted today at $38.00 from a close freight point.

HEAVY NATIVE STEERS

1. A bid at $39.00 was passed by the over-sold producer

1. $41.00 was done on slightly lower averages

HEIFERS

1. Brands traded at $30.00 on averages under 50 lbs.

PLUMP COWS

1. Heavy natives were bid at $30.00

1. Conventional packer natives sold at $23.00

1. An unconfirmed trade was heard on natives at $24.00

1. Conventional packer natives were bid at $22.00 and countered at $25.00

1. Heavy natives were bid at $23.00 fob and passed

HOLSTEINS

1. Processor cows were bid at 20.00 c&f

1. Conventional packers were bid at $22.00 and countered at $25.00

1. An offering of premium packer steers was seen in Asia at $60.00 c&f

1. Reports were heard of $28.00 on packer cows

BULLS

1. Natives sold at $26.00

1. One packer turned down a $25.00 bid and countered at $26.50

1. Brands were said to have sold at $20.00 but could not be confirmed.

SKINS

1. Fleshed packer pigs were reported at $5.00 c&f

1. Another sale of pigs was heard at $4.60 c&f on 14/16 lb. averages

1. Packer sows averaging 28/30 lbs. were quoted at $7.00 Laredo

1. 25/35’s were offered at $51.00

SPLITS

1. 22/27 lb. natives were bid at 46.00c&f and countered

SMALL PACKERS

1. Natives were bid at $20.00 c&f on averages below 60 lbs.

1. 58/60 lbs. were bid at $27.00 c&f and countered several dollars higher

1. One bid was heard at $29.00 on 58/60 lb. averages

1. Averages under 50 lbs. were bid at $17.50 Laredo

INDUSTRY NEWS

It is with deep regret that we must report that Steve Cunningham of Darling International died suddenly this morning. Steve had been District manager with Darling for the past seven years, operating and trading hides for his company in Kansas City, Mo.

He worked at National By Products in Kansas City many years prior to that company’ssale to Darling. Prior to that he worked with Midwest tanning/Wells Lamont in Chicago. His family has been associated with Tennessee Tanning for many years.

He was diagnosed with lung cancer in May. He leaves two sons and a wife, and a brother also in the industry. Everyone who had any contact with him in the trade both here and abroad will attest to his being one of the finest gentlemen in the industry. He shall be missed by all.

Funeral arrangements are pending.

MARKET OBSERVATIONS

Today’s trend:Well sold producers turning down all but steady money

1. In general, buyer attempts at prices below last week have so far been futile.

1. Interest seems fairly decent so far this week and if there was a meeting of the minds on price, some volume could be accomplished.

FEDERALLY INSPECTED SLAUGHTER

Tuesday’s slaughter included 104,000 steers and 25,000 cows and bulls