The Des Moines Register from Des Moines, Iowa • Page 24

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CENTRAL IOWA CATTLE 40.000 cents per lb. ASSOCIATED PRESS Chicago, 111.

Corn and soybean prices reversed course sharply for the third straight day Wednesday on the Chicago Board of Trade, plummeting with unexpected rain in the Midwest. Wheat edged lower. The steep decline in row crops followed a Monday plunge and Tuesday rebound, the market's response to shifting weather forecasts. Corn shed nearly 4 percent of its value after overnight rains hit Nebraska and Iowa and moved eastward through the day. The precipitation eased concerns that pollination problems would worsen in the dry, hot weather previously forecasted.

Soybean futures also slid on the rain. Country elevator bids In areas near Des Moines: Com (No. 2 yellow) 89 Soybeans (No 2 yellow) $4 Wheat $3.274 Grain prices are subject to variations in different sections of the state due to transportation, handling and shortage costs. OATS 5,000 bu minimum; cents per bushel Sep 134 134 1304 1314 -5 Dec 132'. 132 127 127V.

-4V4 Mar 1294 131 1294 1294 -3 May 129 131 129 131 -3M Tue 's sales 2,622 SOYBEANS 5.000 bu minimum; cents per bushel Aug 5254 528 509 513V. -144 Sep 523 525 507 5104 -14V Nov 523 524 507 510 -13'. Jan 5224 5224 509 5124 -10V. Mar 520 520 512 5124 -104 May 510 517 509 5114 -84 Jul 511 5164 511 5114 -64 Aug 508 -10 Nov 500 501 496 496 -7 Nov 514 -1 Tue 's sales 90.531 SOYBEAN OIL 60.000 lbs; cents per Ik Aug 18 80 18 80 18 01 18 06 63 Sep 1900 1900 18 20 18 24 66 Oct 18.73 1887 18 32 18 42 Dec 19.23 19 28 18 70 18 73 Jan 19 12 1930 18 85 18 90 Mar 19 30 1943 19 05 19 05 May 19 55 1955 19 25 19 28 Jul 19.70 19.70 1940 19 40 Aug 1925 Sep 1920 Oct 1 9 20 75 Dec 20 00 20.00 20.00 20 00 Jul 20.20 Tue 's sales 29.847 TERMINAL MARKETS PEORIA Hogs: 550 Trading moderately active: barrows and gilts steady; 1 -2 230-260 lb 48 00-48 50; 2-3 260-280 lb 46.50-48 00. Sows: All weights are steady: 1-3 300-400 lbs.

41 400-500 lb 42.00; 500-700 lb 43.00-43 50. Boars: Over 300 lb 25.00; under 300 lb 39 50. Cattle: None. SIOUX CITY Hogs 300; Not enough barrows and gilts to establish market. Hogs 47-50 percent lean 230-270 lbs 50 00.

Sows: 300-450 lbs 1 .00 lower, 450-700 lbs steady to 1.00 higher. US. 1-3 300-450 lbs 39 00. 450-500 lbs 42.00.500-700 lbs 43 00-45 00. Boars: 300-700 lbs 21 .00.

200-300 lbs 38 DIRECT HOGS FUTURES Fair officials keep an eye on livestock FAIR, from Page 8C to keep animals healthy. "Every low an has a responsibility to keep foot-and-mouth out of Iowa," Webb said. "That's a message we need to get across." Swine being shown at the Dallas and Greene county fairs last week were found to be infected with erysipelas, another contagious hog disease. Dr. Nolan Hartwig, Iowa State University Extension veterinarian, said the number of erysipelas cases appears to be on the rise in Iowa.

Erysipelas, caused by bacteria in the soil, normally increases in June and July, he said. The disease can cause death or joint damage and arthritis, if the animal survives. In humans, the disease is known as erysipeloid, but is rare. Agriculture Secretary Judge said that if erysipelas breaks out at the State Fair, a quarantine would be placed on all hogs until they could be moved to slaughter. Hartwig said there is a vaccine for erysipelas, but hogs heading for the fair need to be vaccinated 21 days before they are sent to slaughter, so time is running out for swine vaccinations.

Aug 74.72 74.92 74.32 74.77 .15 Oct 75 90 75 95 7550 75 82 Dec 75 97 76 15 75 75 76 00 .03 Feb 77.15 77 40 77.00 77.25 .10 Apr 7815 78 40 7800 78 37 .12 Jun 74.60 74 67 74.25 74 57 Aug 74.50 Tue 's sales 14496 FEEDER CATTLE 50,000 cents per lb. Aug 90 50 90 57 9005 90.20 .10 Sep 90 50 90.50 89 85 90.12 20 Oct 904 5 90 50 8992 90 12 .10 Nov 90 85 90 95 9047 90 67 07 Jan 90 50 90 60 90 30 9040 Mar 89 95 89 95 89.90 89 90 20 Apr 89 95 4-15 May 88 90 .20 Futures trading on the Chicago Board of Trade Open High Low Settle Chg. WHEAT 5.000 bu minimum; tents Sep 289 292 303V4 307 Tue 's sales 2,540 310W 316S -1'. -1V4 -1 -1 -1 -1 per bushel 283 288W 2964 302V4 308 3124 313 315 313 315 4 330 331 'A 335 335 Dec Mar May Jul Dec HOGS.LEAN 40.000 cents per Ik. 318 319 334 336 313 313 330 335 -43 6822 Aug 68 55 68 55 67.65 Oct 59 05 Jul SOYBEAN MEAL Tue 's sales 50.340 5925 59 25 58 27 554 0 55 40 54 62 56 30 56 70 56 10 56 50 56 70 56 00 62 50 62 50 6242 100 tons; dollars per ton Dec Feb Apr May Jun Aug 174 00 174 00 55 25 56 67 05 56 65 05 6242 6540 62 50 CORN 5.000 minimum; cents Sep 224vi 225 171 00 1 72 90 16870 16930 Sep 64 80 62.70 654 0 64 75 62 70 62.40 Jul Last soot 72 39 224tt 228V4 236 237 233 2364 244 2454 IowaMinnesota negotiated direct hog purchases for Wednesday.

12.286; other market formula 5.014; swine or pork market formula 53.592; other purchase arrangement 9913. Barrows and gilts 12.298, mostly .75 higher compared to Tuesday Sows steady to 100 lower 1-3 300-450 lbs 40 00-41 00. 450-500 lbs 40 00-43 00, 500up lbs 40 00-45 00 Boars steady, 220-300 tbs 21 300 up 21 00-22 00. Carcass Base Market, plant delivered, 185 lbs (9-1 1 in back-fat. 6 square in loin2 0 depth) 60 weighted average 6962 Average Market Hog for the prior slaughter week.

191 lbs carcass based, plant delivered (0 81 mch back-tat 6 70 square inch lom2 20 inch loin depth) FU 50.20 percent, 64 00-76 95. IOWA REGIONAL Iowa elevator bids on corn and soybeans compiled by the Federal-State Grain Market News Des Moines: Corn prices were 7 to 9 cents lower and soybean prices were 12 to 14 cents lower. Pit bushel: No. 2 No.1 Region Ytllwr Yellow Com Soybeans Northwest $1 $4 74-4 90 Central 1 4 77-4 91 Northeast 1 67-1 85 474-492 Southwest 1.69-1.75 473-4 89 Central 1 1 88-1 95 Southeast 1.74-1.89 4 80-4 89 PORK BELLIES 40.000 cents per lb. Jul 90 40 90 70 8820 -200 -310 -310 -290 -260 -140 -80 -100 430 100 150 1.50 per bushel 215 216 4 224 224 a 226H 2284 231 231'.

2364 238 241 241 244 2454 241 242 2464 247 256 260 260 Nov Dec Jan Mar May Jul Sep Dec 172.00 168 00 17290 168 40 166 50 164 00 164 00 16250 160 50 15950 159 00 172 00 166 00 172 90 166 00 164 50 161 10 16100 162 00 160 50 159 50 15900 Oct Dec Jan Mar May Jul Aug Sep Oct 243 245V4 -8W -i IV, -7Y, -IV. -64 -6 -4 -2 165 80 166 40 166 00 167 00 166 00 167 OO 163 90 166 50 160 60 163 80 161 00 164 00 162 00 162 50 160 50 160 50 159 50 159 50 15900 159.00 249 246 246 248 86 65 87 10 84 20 74 95 76 15 74 05 75 65 75 65 75 05 246 250 9070 .43 87 00 45 75 70 85 7505 80 7810 1 13 77.50 .30 Aug Feb Mar May Dec Jul Dec 260 260 sales 107,335 Jul Tue sales 42,697 Last spot 103.36.