Lancaster farming. (Lancaster, Pa., etc.) 1955-current, November 16, 2002, Image 19

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    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
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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-' ]/%
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»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