Weekly Meat Production Under Federal Inspection WASHINGTON, D.C., Nov. 8 - (USDA-NASS) - Total red meat production under federal inspection for the week ending Saturday, Nov. 9, was estimated at 946.5 million lbs., according to the USDA's Agricultural Marketing Service This was 1.8% lower than a week ago and 3.0% higher than a year ago. Cumulative meat production for the year to date was 3.4% higher compared to the previous year. MEAT PRODUCTION (million pounds) (excludes condemned) Week Ending (1) Beef Calf/Veal Pork (2) Lamb/Mutton Totals (3) 09- 528 5 3 9 410 1 4 0 946 5 02-NOV-02 5.38 6 .3 9 417 6 4 0 964 1 Change dn I 9% 0% dn I 87r 0% dn I 8% 10- 513 3 3 8 .396 9 4 7 918 7 Change up 3 0% up 2 6% up 3.3% dn 14 9% up 3 0% 2002 YTD 23,139 3 159 1 16.5719 178 1 40,048 4 2001 YTD 22,2802 162 1 16,1218 185 1 38,749 2 Change' up .3 9% dn I 9% up 2 8% dn 3 8% up .3 4% 1- Previous week estimates may be revised Year ago data are actuals 2- Excludes lard 3- Totals may not add due to 2002 totals are subject to revision LIVESTOCK SLAUGHTER (head) Cattle Calves/Vealers Hogs Shcep/Lambs 684.000 21,000 2.094,000 60.1 XX) 696.000 21,000 2,142,000 61,000 dn I 7% 0% dn 2 2% dn I 6% 675.000 20,000 1,991,(XX) 68,(HK) up I 3% up 5.0%- up 5.2% dn I I 8% 30.440.000 859,000 84,474,(XX) 2,656,(KK) 30.163.000 841,(XX) 82,498,000 2,617,000 up 0.9% up 2 1% up 2.4% up I 5% Week Ending 09- ()2-Nov-()2 Change 10- Change 2(X)2 YTD 2(H) 1 YTD Change AVERAGE WEIGHTS (lbs.) Week Ending: LIVE. Cattle Calves/Vealers Hogs ()9-Nov-02 Estimate 1274 305 265 02-Nov-02 Estimate 1275 308 264 10-Nov-Ol Actual 1259 314 270 DRESSED 09- Estimate 777 188 197 02-Nov-02 Estimate 778 190 196 10- Actual 764 193 200 PERCENTAGE OF TOTAL SLAUGHTERED BY CLASS CATTLE HOGS Wk Ending Steers Heifers Cows Bulls/Stags Barrows/Gilts Sows Boars/Stags 26- 45.0% 36 1% 17 3% 16% 96.5% 32% 02% 27- 48 4% 31.5% 18 2% 19% 96 8% 29% 03% SEEDWAY SEED & SERVICE EARLY PAY DISCOUNTS IN EFFECT NOW I SEE ,06DAVS oeadV® W w ' d d p o tent' a , W 9* 19,a ' ltfet(t' ance i proven P to j era nce \ Good sW ,® in drydovio \ Ve<V 9 tee<l C ° \ WedW«' w \ n^ 885 \ * «ert gte en ooW \\ 60 od s«ess sista oce \ \«shsss^ ITACTYOUR SEEDWAY DEALER MIFFLINBURG, PA 800-338-2137 EMMAUS, PA .. .800-225-4131 MECHANICSBURG, PA .. .877-788-8982 YORK, PA 800-836-3720 USDA Market News USDA Carlot Meat 4:00 Summary: Compared to Previ ous Day. Prices in Dollars per hundred weight, Equated to FOB Omaha Basis. BOXED BEEF CUTS; Boxed beef higher on moderate demand and light to moderate offerings. Select and Choice chuck and rounds steady to firm, while rib and loins higher. Beef trimmings sharply higher on good demand and mod erate offerings. Estimated composite cutout value of Choice 1-3,600-750 lbs carcasses up .97 at 112.75, 750-900 lbs up 1.72 at 111.40; Se lect 1-3, 600-750 lbs up .85 at 106.66, 750-900 lbs up 1.07 at 105.03; based on 141.31 loads of Choice cuts, 121.76 loads of Select cuts, 72.87 loads of trimmings, and 83.46 loads of coarse ground trim mings. Estimated carcass price equivalent value of Choice 1-3, 600-750 lbs up .49 at 103.47, 750-900 lbs up 1.05 at 102.47; Se lect 1-3, 600-750 lbs up .43 at 96.34, 750-900 lbs up .58 at 95.26. Current index reflects the equivalent of 316,129 head of cattle. Sheep/Lamb 134 133 139 NATIONAL CARLOT BEEF: The Cutter cow carcass gross cutout value was estimated at 77.24, up 2.44. By-Product Drop Value: Hide and offal from a typical slaughter steer was esti mated at 7.74, up .01. 111 PAYS Outstanding Higd potent® Great s ’® 9 a -.Q e stiPi"tV i Higt> d ' 9 ® iterance \ Good s '*f ggediing \ very g° od ® National Carlot # Meat Report Dcs Moines, IA November 12,2002 Report Supplied By USDA JION TO R LOG Lancaster Farming, Saturday, November 16, 2002-Al9 NATIONAL CARLOT PORK: Sales reported on 124.38 loads of pork cuts and 27.0 loads of trim/process pork. Com pared to Monday’s close: Fresh W trim loins steady to 2.00 lower; butts 1.00-2.00 lower; sknd. hams 20-23 lbs. 1.00-5.00 lower, 23-27 lbs. steady to mostly 2.00 lower; sdls. bellies 14-16 lbs. 2.00 higher; lean trimmings steady to 1.00 higher. Trading moderate, with light to moderate demand and offerings. Calculations for a 185 lb Pork Carcass 51-52 percent lean 0.80” -0.99” back fat at last rib 49.81 dn .21. Loins bone in fresh 'A inch trim 21 lb/down-light 82.00-84.00. Hams bone in trimmed, 17-20 lbs trim spec I 65.00; 20-23 lbs trim spec 1 50.00-54.00. Seedless bellies 14-16 lbs 76.00. CARLOT LAMB CARCASS: 4,389 head reported. 30-40 lbs 162.00-163.00; 40-45 lbs 162.00-163.00; 45-50 lbs 162.00- 50-55 lbs 162.00-163.00; 55-60 lbs 156.00-16S.00; 60-65 lbs 156.00- 65-75 lbs 158.00-165.00; 75-85 lbs 158.00-165.00: 85/up lbs 162.00- National Feeder Cattle Weekly Review St. Joseph, Mo. November 8, 2002 Report Supplied By USDA NATIONAL FEEDER & STOCKER Summary for week ending Nov. 8, 2002. Total Receipts: 346,900, last week 426,600. Direct: 66,100, last week 62,300. Video/lnternct; 3,500 head, last week 26,200. Auction Receipts: 277,300; last week 338,100. This week’s re- ported auction volume included only 25 percent over 600 lbs and 42 percent heif- I WHAT’S AHEAD FOR-' ]/% \ CORN, OATS, SOYBEAN AND r | WHEAT FUTURES AND OPTIONS ! | Lehigh Valley Futures, Inc. through its i clearing FCM, offers access to all major | exchanges’ Futures and Options. I Serving the Farm Community I for more than 30 years. I When buying options, your risk is in some | cases limited to the premiums paid plus | transaction costs... \ FOR INFORMATION, CONTRACT I DETAILS AND FUTURES AND | OPTIONS STRATEGIES... | PHONE (610)577-0002 or 800-543-8939 »AY last week, yearling feeder steers and heif ers sold firm to 1.00 higher in a light test. Steer and heifer calves traded steady to 2.00 higher, with the Southern Plains and the Southeast markets turning sharply higher at midweek. Sunshine and dry weather in the wheat grazing areas reju venated stocker interest, after three weeks of miserable damp and cold conditions. Wheat pastures have been too wet to turn cattle out as they would only (romp-out all of their groceries and stand in the mud, shivering. Now, backgrounders should be able to get their stock out of the soupy pens at the growing yard and get them on the lush pastures that this week's weather has created. Health conditions should improve as these cattle arc given some room to stretch their legs and re moved from the disease that accumulates in cramped corrals. Death loss over the last few weeks in the High Plains has been devastating, with many outfits reporting percentages in the double digits. Demand for ranch calves in the Mountain States and Northern Plains was very good this week as Midwest farmer feeders are done with harvest and ready for cattle. Trading was also active in the Great Northwest with over 14,000 head of direct trade re ported from Washington, Oregon, and Idaho. Yearlings continue to be in short supply and in many areas a 750 lb year ling will bring as much per pound as a 550 lb calf. The fat cattle market contin ues to push its way toward 70.00 and the CMB Futures arc quoting prices in the mid-seventies for this winter. It’s hard to imagine, but feeders and backgrounder" both have a real chance to hit a lick this year. These chances don't come along very often and most folks arc nervously waiting for a rough winter to extinguish their hope. After a drought stricken sum mer and an abnormally wet and cold early-fall, maybe we’ll get a break. Compared to MARKET LEESPORT, BERKS COUNTY, PA 19533 (610) 926-1307 LIVESTOCK AUCTION EVERY WEDNESDAY - 1:00 P.M. LEESPORT Farmers Market 9:00 AM to 8:00 PM Flea Market 7:00 AM to ?? LEHIGH VALLEY FUTURES INC. 410 Bridge Street Weissport, PA 18235 e-malt: greg@lvfutures.com bryan@lvfutures.com The risk of loss in trading futures and options can be substantial. Futures and options trading may not be suitable tor everyone You should carefully consider the risks in light of your financial condition in deciding whether to trade
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