Al6-Lancaster Farming, Saturday, November 23, 2002 GRAIN, CATTLE, HOG, & MILK BFP FUTURES MARKETS Markets Courtesy of Chicago Board and Mercantile Exchange Closing Bids: Thursday, November 21, 2002 Com 11/20/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 ♦CASH* DEC 02 MAR 03 MAY 03 JUL 03 SEP 03 DEC 03 MAR 04 MAY 04 JUL 04 DEC 04 Total 11/20/02 Soybeans 11/20/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 *CASH* JAN 03 MAR 03 MAY 03 JUL 03 AUG 03 SEP 03 NOV 03 JAN 04 NOV 04 Total 11/20/02 Soybean Meal 11/20/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 ♦CASH - * DEC 02 JAN 03 MAR 03 MAY 03 JUL 03 AUG .03 SEP 03 OCT 03 DEC 03 JAN 04 MAR 04 DEC 04 Total 11/20/02 East Fluid Milk And Cream Review Madison, Wis. November 20,2002 Report Supplied by USDA Spot prices of class II cream, dollars per lb. butterfat: F. 0.8. producing plants: Northeast: 1.3255-1.4260. Delivered Equivalent: Atlanta; 1.3456-1.4561 mostly 1.3657-1.4059. PRICES OF CONDENSED SKIM, dollars per lb. wet solids, F. 0.8. produc ing plants: Northeast: Class 11, includes monthly formula prices; .9850-1.0300; Class 111 - spot prices - .8700-.9400. SPOT SHIPMENTS OF GRADE A MILK: FLORIDA: This week - 132, Out 0; last week - In 130, Out 0; last year - In 4, Out 0. SOUTHEAST STATES: This week - In 0, Out 0; last week - In 0, Out 0; last year - In 14, Out 0. During October, milk production in the 20 major states totaled 11.75 billion pounds, up 2.3% from October 2001. The following are the October-to-October changes hr selected states: Texas * .6%, New York 1 .5%. Virginia 1 J%, Pennsyl- Open Volume Open_lnt 107421 500588 High 5660 5760 5722 5640 5590 5490 5254 5114 5110 4870 Open Volume Qpen_lnt 52483 207496 High 16450 1690 1699 1699 1684 1672 1652 1610 1565 1555 1548 1549 1600 Open Volume Qpen_lnt 31711 140744 vania -1.1%, Vermont -1.8%, Florida -2.4%, and Kentucky -4.6%. Heavy rainfall, ice, and snow covered much of the East this past weekend. Ice storms in parts of New England caused widespread power outages and many areas were still without electricity at mid week. This is having some impact on transportation schedules and retail sales. Milk production is steady in the North east to slightly higher in the Southeast where heavy rains have retarded gains seen in past weeks. Contacts in the North east report that fat tests on incoming milk are starting to increase, but increases in protein levels are slower to recover. This is probably due to feed quality currently available in this part of the country. The need for milk in Florida and the rest of the Southeast is steady to improved. Bottlers in all parts of the region are going ‘full Hit” to cover Thanksgiving week orders. If history has any bearing, battlers wffl al but dwt down early next week until the paat-Tkanksghing week end. ftacaaae trf the narrating bottßag •tkadulas, fbdd adkt are repeat- Last 16450 1669 1679 1679 1668 1657 1640 1603 1556 1554 1548 1549 1600 LOW 16450 1665 1673 1674 1665 1655 1639 1600 1555 1550 1548 1549 1600 Chga +2 unch unch Chge unch -62 -60 -54 -56 -64 -34 -14 -20 -2 +1 unch ed as tight in the Northeast. Some sup pliers are buying milk form other regions to supplement local supplies. Manufactur ing plant contacts report relatively light schedules, but expect to “crank it up” early next week when more milk is avail able. The condensed skim market is little changed and offerings are adequate to meet most needs. The fluid cream market is firm and prices are about steady. Fol lowing USDA’s announcement of the in crease for the support purchase price of butter, cream buyers are ordering heavier before new prices go into effect Early week CME trading did see the butter price jump five cents. Buyers, particularly those that purchase on the previous week’s average, are hying to beat that in crease. Demand is good and prices are ba sically unchanged. Usage in egg nog, sour cream, dip, and bottled cream are all up seasonaly. Cream cheese production is steady, ice deans output has been fiririy heavy, hut some producers will be down fat the list Thankagivmg week. Churn ing teft|M»y msdsrats to heavier where Lean Hogs Date 11/20/02 *CASH* 0413141314131 11/21/02 Dec 02 4610461544854490 11/21/02 Feb 03 5385 544052705275 11/21/02 Apro3 5790 583557105715 11/21/02 May 03 6185 619761506190 11/21/02 Jun 03 6450 646764106432 11/21/02 Jul 03 6187 619761456175 11/21/02 Aug 03 5950 597059205925 11/21/02 Oct 03 5230 527052155215 11/21/02 Dec 03 5190 519051905190 Composite Volume Open_lnt 11/20/02 9910 45351 Live Cattle Date 11/20/02 *CASH* 0 690069006900 unch 11/21/02 Dec 02 7400 7437 7392 7422 unch 11/21/02 Feb 03 7790 782577657820 +25 11/21/02 Apr 03 7705 771576757712 unch 11/21/02 Jun 03 7072 709570407092 +lO 11/21/02 Aug 03 6900 692568806920 +l3 11/21/02 Oct 03 7005 701069957010 +5 Composite Volume Open_lnt 11/20/02 20057 122072 Pork Bellies Date 11/20/02 *CASH* 0 760076007600 unch 11/21/02 Feb 03 8370 843082458250 -107 11/21/02 Mar 03 8305 835581808180 -70 11/21/02 May 03 8450 848082608260 -50 11/21/02 Jul 03 8355 855083558462+212 11/21/02 Aug 03 8000 812080008120+300 Composite Volume Open_lnt 11/20/02 1087 2188 Oats 11/20/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 11/21/02 ‘CASH* DEC 02 MAR 03 MAY 03 JUL 03 SEP 03 DEC 03 MAR 04 Total 11/20/02 Dairy Products Prices Highlights Washington, D. C. November 15,2002 Report Supplied By NASSfUSDA DAIRY PRODUCTS PRICES HIGH LIGHTS: CHEDDAR CHEESE prices received for US 40 pound Blocks averaged $1.14 per pound for the week ending November 9. The price per pound decreased 4.6 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $1.06 per pound, down 4.2 cents from the previous week. BUTTER prices received for 25 kilo gram and 68 pound boxes meeting USDA Grade AA standards averaged $98.9 per pound for the week ending November 9. The U.S. price per pound decreased 3.7 cents from the previous week. NONFAT DRY MILK prices received for bag, tote and tanker sales meeting USDA Extra Grade or USPH Grade A standards averaged 91.9 cents per pound for the week ending November 9. The U& price per pound increased 0.2 ceirts from the previous week. DRY WHEY prices received for bag. tote and tanker sales matin USDA flagdo standards avwagsd 22.5 ~ Previous Previous Open High Low Last Chge Vo|umeopen 0 0 5171 18927 3167 15198 875 5045 134 1365 448 3284 102 884 3 548 10 82 0 18 O- ui T Previous Previous Open High Low Last Chge v „|„n.e Openjnl 0 0 9382 35475 6348 41133 2803 26374 979 14410 541 3977 4 703 Previous Previous Open High Low Last Chge Volumeopen 0 0 1018 1970 64 137 5 49 0 27 0 5 Open 2012 2046 1980 1764 1550 1550 1550 Volume Open_lnt 1244 8620 -10 -40 -7 Chffe -20 -20 -22 -10 -20 unch -20 unch Last 2166 1996 2024 1950 1764 1550 1550 1550 Average Farm Feed Costs for Handy Reference To help farmers across the state to have handy reference of commodity input costs in their feeding operations for DHIA re cord sheets or to develop livestock feed cost data, here’s last week’s average costs of various ingredients as compiled from regional reports across the state of Penn sylvania. Remember, these are averages, so you will need to adjust your figures up or down according to your location and the quality of your crop. Com, No.2y 3.03 bu., 5.43 cwt Wheat, N 0.2 3.63 bu., 6.07 cwt Barley, N 0.3 —1.99 bu., 4.26 cwt. Oats, N 0.2 —1.84 bit, 5.74 cwt Soybeans, No.l 5.71 bit, 9.53 cwt Ear C0m—84.20 ton, 4.21 cwt AMrifa Hay —135.00 ton, 6.75 cwt. Mtmtmv 131.25 tan, 456 cwt (Mhflh)' —13OJ0 taw, 6153 cart
Significant historical Pennsylvania newspapers