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New York has shown some weakness in recent weeks, but'its too early to tell whether this indicates a downward trend.
Grade A large were 60 centsJn Richmond Jast week, 58 in the Valley and 59 to 62 in Roanoke. New York topped at 63 cents, after the drop before New Years Day.
CATTLE A good bet is to sell off anything that will make a vealer now. Just be sure it will make veal—180 to 200 pounds milk fed.
Virginia auction prices on veal reached $27.75 per 100 pounds last week, $2 above the week bejfore Crristmaa. Some vealer^ brought as much as $35. That makes a 200-pound veal calf worth more than the cow. *
At that price, it might pay to finish some beef calves with dairy blood as veal instead of feeding them out.
But be careful. If the calves go as heavy slaughter calves 200 to 400 pounds, instead of veal, the price is only $16 to $24.
If you plan on selling some veal, do it before'the end of the month if possible. Veal prices usually hit a peak at the end of-January or first part of February and then drop off sharply.
If you plan on buying some cattle to finish on grass this year and you have some feed, it’s a good time to start looking for feeders. You wont find prices any lower this season.
Stockers and feeders in Valley markets were bringing $15 to $19 last week. Chicago prices were $17 to $18 for good and low choice.
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