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
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- Thursday, 21 October
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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
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5134
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5024
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Last
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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
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-4
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unch
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unch
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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-
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6875
Thursday, 21 October
Volume Opan^lnt
27459 114803
1 huisday, 21 Otlolict
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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.
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