AIS-Lancaster Farming, Saturday, October 23, 1999 GRAIN, CATTLE, HOG, & MILK BFP FUTURES MARKETS Markets Courtesy Of Chicago Board and Mercantile Exchange (Closing bldst Thursday, October 21, 1999 Corn Daily Prices As of Symbol:C 10/21/99 DEC 99 10/21/99 MAR 00 10/21/99 MAY 00 10/21/99 JUL 00 10/21/99 SEP 00 10/21/99 NOV 00 10/21/99 DEC 00 10/21/99 JAN 01 10/21/99 DEC 01 Total 10/20/99 Soybeans Daily Prices As of Symbol: S 10/21/99 NOV 99 10/21/99 JAN 00 10/21/99 MAR 00 10/21/99 MAY 00 10/21/99 JUL 00 10/21/99 AUG 00 10/21/99 SEP 00 10/21/99 NOV 00 Total 10/20/99 Oats Daily Prices As ofThursday, 21 October Symbol:o 10/21/99 DEC 99 10/21/99 MAR 00 10/21/99 MAY 00 10/21/99 JUL 00 10/21/99 SEP 00 10/21/99 DEC 00 Total 10/20/99 Lumber Daih Prices As of Date 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 Non 99 Jan 00 Mar 00 May 00 JulOO Sep 00 Composite Volume Open_lnt 10/20/99 472 3770 SYRACUSE, N.Y. Dairylea Cooperative Inc.’s accomplish ments for fiscal year 1999 will enhance the performance and strength of the organization and its members well into the next century, reported President Clyde E. Rutherford at the coop erative’s annual meeting Oct. 12-13 at the Holiday Inn in Liverpool, N.Y. During his presentation, Rutherford noted that although the new millennium will usher in many changes and chal lenges, it will also provide many equally important opportunities for the cooperative, its members, and the dairy industry as a whole. “The cooperative strives to - Thursday, 21 October Volume Open_lnt 51443 426191 - Thursday, 21 October High 4880 4986 5070 5122 5184 5130 5144 5174 Open 4880 4986 5070 5122 5184 5130 5144 5164 Volume Open_lnt 54621 185374 High 1094 1172 1216 1200 1260 1320 Open 1090 1170 1216 1200 1260 1314 Volume Open_lnt 695 10594 -Thuisd.iN 21 Oaobci Open High Low 30500 30640 30310 31820 32000 31600 32380 32480 32140 32460 32460 32300 32320 32410 32320 32970 32970 32970 Dairylea provide value to its members by being financially sound, paying members a highly competitive price for their milk, providing programs and services that have a positive impact on members’ bottom line, and being an advo cate for farmers on legislative matters,” he said. More than 800 Dairylea members and industry guests attended the two-day meeting. Profits for fiscal year 1999 totaled $630,000, stated Rutherford. Dairylea marketed 10 percent more milk than last year - totalling 5.3 billion pounds. The cooperative’s milk sales increased to approximately $BBl million. Premiums paid to members translating into an Last 4796 4910 5000 5050 5104 5100 5104 5134 Low 4770 4880 4960 5024 5074 5100 5100 5114 Last 1090 1170 1216 1200 1260 1320 Low 1086 1166 1216 1200 1260 1314 Pres. Volume 311 115 35 Last Chge '(lO >2O 2SO 30340 31610 32170 32300 32410 32970 200 •200 Cooperative Reviews Year Of Accomplishments Chge -4 -4 -4 -4 -2 -4 -4 -10 Chge -82 -82 -72 -74 -76 -94 -90 -76 Chge -2 unch -16 unch Pres Opcn_lnt 2068 1143 396 121 36 average 46 cents on a hundred weight basis. Additionally, Rutherford reported that most of the cooper ative’s existing programs and services for members were upgraded, expanded and enhanced in 1999. “The most important advan tage of membership in Dairylea is having access to a wide vari ety of resources through our holding company, Agri-Services, LLC. Members are provided with a multitude of innovative programs and services that gives them a competitive edge and improved quality of life,” he said. Of special note, Rutherford announced a new comprehen Lean Hogs Daily Prices As ol Date Dec 99 Feb 00 Api 00 Jun 00 Jul 00 Aug 00 Oct 00 Dec 00 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 Composite Volume Openjnt 10/20/99 9686 56809 Live Cattle Daily Prices As of - Thuisduy, 21 October Date Oct 99 Dec 99 Feb 00 Apt 00 Jun 00 Aug 00 Oct 00 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 Composite Volume Open_lnt 10/20/99 16385 124156 Soybean Meal Daily Prices As of Symbol:SM 10/21/99 DEC 10/21/99 JAN 10/21/99 MAR 10/21/99 MAY 10/21/99 JUL 10/21/99 AUG 10/21/99 SEP 10/21/99 OCT 10/21/99 DEC Total 10/20/99 BFP Milk Daily Prices As ol Dale Oct 99 Nov 99 Dec 99 Jan 00 Feb 00 Mai 00 Apr 00 May 00 Jun 00 JulOO Aug 00 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 10/21/99 Composite Volume 10/20/99 60 sive estate planning program, Agri-Secure, offered by Dairylea through Elwyn Voss and Associates. Rutherford reiterated the cooperative’s commitment to increasing its members prof itability and has taken a leading role in representing dairy farmer’s interests on national and region pricing issues. During his presentation to members and industry leaders, Chief Executive Officer Rick Smith provided details on Dairy Marketing Services, LLC (DMS) the new entity created out of a joint venture with Dairy Farmers of America. DMS is the largest marketer of milk in the Northeast, selling close to 10 bil- - Thinsd.iy, 21 Ouohci Low Open High Low Open High 7095 6850 6892 7017 6770 6742 6875 7160 6937 6980 7070 6820 6750 6875 7150 6915 6930 7040 6800 6750 6875 Thursday, 21 October Volume Opan^lnt 27459 114803 1 huisday, 21 Otlolict Low Open High 1201 1207 1140 1140 I 150 1150 1170 1170 1165 1165 1167 1171 1175 1175 1166 1167 1180 1180 1240 1240 1270 1270 Open_lnl 4424 Prev. Last Chge Volume 6012 2411 866 241 95 50 10 -I 8 i + 17 (2/ +7 ■l2B ■l-10 + 10 Prev, Last Clige Volume 1645 9926 2947 1239 483 85 60 7117 20 6877 -18 6902 I 5 7032 +5 6805 +l5 6750 unch 6875 +lO I’rev, Chge Last Volume until + 1 +2 uncli unch unch lion pounds of raw milk annual ly. The milk is provided by more than 6,000 dairy producers located throughout New England, New York, Pennsylvania, New Jersey, Maryland, Delaware and West Virginia. DMS is supplying the milk requirements of 90 proces sors and manufacturers in the region. Prev. Open_lnt 28551 12878 6937 2995 1 129 421 123 Prev. Open_lnt 5271 60103 27971 18580 6757 3011 2463 Prev, ()pen_lnt 1156 1009 855 481 261 207 162 125 97 42 29
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