Al6*lancaster Farming, Saturday, July 15, 2000
GRAIN. CATTLE, HOG.
&MILKBFP
FUTURES MARKETS
Markets Courtesy of Chicago Board and Mercantile Exchange
Closing Bids: Thursday, July 13,2000
Com
Daily Prices As ofThursday, 13 July
Symbol;C
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
JUL 00
SEP 00
NOV 00
DEC 00
JAN 01
MAR 01
MAY 01
JUL 01
SEP 01
DEC 01
DEC 02
Total
07/12/00
Soybean Meal
Daily Prices As ofThursday, 13 July
Symbol:SM
07/13/00 JUL 00
07/13/00 AUG 00
07/13/00 SEP 00
07/13/00 OCT 00
07/13/00 DEC 00
07/13/00 JAN 01
07/13/00 MAR 01
07/13/00 MAY 01
07/13/00 JUL 01
07/13/00 AUG 01
07/13/00 SEP 01
07/13/00 OCT 01
07/13/00 DEC 01
Total
07/12/00
Soybeans
Daily Prices As ofThursday, 13 July
Symbol:S
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
Total
07/12/00
Daily Prices As of
Oats
07/13/00 JUL 00
07/13/00 SEP 00
07/13/00 DEC 00
07/13/00 MAR 01
07/13/00 MAY 01
Total
07/12/00
Weekly Dairy Market Outlook
By Ken Bailey
Penn State University
July 7, 2000
Cheese Prices
Falter
Block and barrel cheese
prices fall at the CME
June federal order prices
announced
Santorum introduces
Volume Open_lnt
85387 395806
Volume Open_lnt
37816 107680
Volume Open_Xnt
51189 145435
- Thursday, 13 July
Open
1000
1070
1146
1216
High
1024
1076
1154
1220
1236
Volume Qpen_lnt
1162 14897
Cheese prices faltered this
week on the Chicago Mercantile
Exchange No doubt this had
something to do with USDA's
new estimates for May dairy
product production That report
Low
1784
1846
1934
1962
2000
2080
2152
2220
2274
2352
2460
Low
1696
1611
1547
1501
1500
1508
1521
1538
1555
1553
1563
1590
1585
Low
1000
1062
1140
1212
1236
Last
1014
1062
1140
1212
1236
legislation to help dairy
farmers
New compact
released
(Turn to Pag* A 29)
Lean Hogs
Daily Prices As ofThursday, 13 July
Date
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
Chge
+ 6
+ 2
Composite Volume
07/12/00 17897
+2
+lO
+4
+ 6
Live Cattle
Daily Prices As ofThursday, 13 July
+4
+ 10
+ 2
Date
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/O0
Composite
07/12/00
Lumber
Daily Prices As of Thursday, 13 July
Date
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
Composite Volume Open_lnt
07/12/00
Pork Bellies
Daily Prices As of
Date
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
07/13/00
Composite Volume Open_lnt
07/12/00 772 4078
Chge
+ 10
+ 6
+2
+ 6
+ 6
study
JulOO
Aug 00
Oct 00
Dec 00
Feb 01
Apr 01
Jun 01
JulOl
Aug 01
Aug 00
Oct 00
Dec 00
Feb 01
Apr 01
Jun 01
Aug 01
Volume
16476
JulOO
Sep 00
Nov 00
Jan 01
Mar 01
May 01
JulOl
841
Thursday, 13 July
Jul 00
Aug 00
Feb 01
Mar 01
May 01
Jul 01
Table 1. Chicago Mercantile Exchange Prices, Weekly Averages
Cheese:
500 lb. barrels
40-lb. blocks
Nonfat dry milk:
Extra Grade
Grade A
Butter:
Grade AA
Table 2. NASS Weekly US Average Survey Prices
Cheese:
500 lb. Barrels 1/ 1.1827 1.1346
40-lb. blocks 1.1515 1.1296
Butter 1.1645 1.1705
Nonfat dry milk 1.0107 1.0102
Dry whey 0.1852 0.1840
Source: Dairy Product Prices, NASS. USDA
(http://usda. mannhb. Cornell, edu/reports/nassr/pnce/dairy/1999/)
1/ Adjusted to 39% moisture.
Open High
Low
6800 6825
6550 6640
5685 5762
5300 5365
5370 5415
5300 5330
6022 6035
6000 6020
5875 5910
Open_lnt
47467
Open High
Low
6710 6720
6955 6970
7190 7205
7315 7315
7525 7527
7315 7315
7345 7345
6675
6922
7155
7285
7505
7302
7320
Openjnt
114918
Low
Open High
24280
26210
26780
27580
27900
28370
28000
25100
26500
27000
27690
28360
28370
28000
25100
26300
27000
27600
28180
2847
Open High Low
8590
8300
7300
8865
8610
7390
7400
7400
7650
8585
8290
7265
7400
7400
7550
7-Jul-OO 30-Jun-00 23-Jun-OO
1.2625 1.2410 1.2275
1.2675 1.2620 1.2600
1.0300 1.0300 1.0300
1.0300 1.0300 1.0300
1.2267 1.1933 1.1767
l-Jul-00 24-Jun-00 17-Jun-00
Last Chge
Volume
2622
8462
4844
1397
338
163
66
-13
-25
+B2
+42
-3
+ 15
-10
unch
Chge
Last
Volume
7899
5413
1677
525
253
130
579
6677
6937
7172
7295
7510
7312
7335
Prev.
Chge
Last
Volume
244
436
133
-880
-240
-80
+9O
-210
unch
-300
24300
26350
26880
27690
27900
28370
28000
Prev.
Last
Chge
Volume
223
475
72
8810
8512
7265
7400
7400
7650
+lO
+22
-40
unch
-25
unch
16-Jun-00
1.1870
1.2040
1.0300
1.0300
1.2400
10-Jun-00
1.0989
1.0965
1.2814
1.0119
0.1809
1.0711
1.0870
1.3043
1.0093
0.1795
Prev.
Openjnt
3298
17978
13578
8822
2308
1176
252
54
Prev.
Prev.
Open_lnt
42990
38171
14587
8036
5982
2775
2377
Prev.
Prev.
Openjnt
289
1670
705
125
40
16
Prev.
Openjnt
935
2847
280
14
9-Jun-00
1.1320
1.1290
1.0300
1.0300
1.3392
3-Jun-00
1.0614
1.0882
1.2857
1.0072
0.1789