A2O-Lancaster Farming, Saturday, December 7, 2002
National Feeder Cattle
Weekly Review
St. Joseph, Mo.
November 29, 2002
Report Supplied By USD S
NATIONAI FFFDFR & STOCKFR
Summary for week ending Nov 29. 2002
Total Receipts 184,900, last week
443.100 Direct 40,500, last week 79.700
Vidco/Internct 26.000 head, last week
2,700 Auction Receipts 360.7(H). last
week 390,000 This week's reported auc
tion volume included 39 percent over 6(H)
lbs and 43 percent heifcis
Compared to last week, feeder cattle
traded steady to firm on a light Thanks
giving Holiday test Manv Mondav and
Tuesday auction markets were open tor
business, but receipts were much lighter
than normal Most salebarns m the Plains
and Midwest states quoted prices near
steady Some areas ot the Southeast re
ported sharply lower prices on limited of
ferings as most order buyers took the
week off Fvcn early-week purchases were
difficult as they would have resulted in a
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latc-wcek delivery for receivers However,
several major auctions m the Mountain
States reported very good demand for
calves and a 2 00 spark in the market
Direct trade was very slow this past
week, but many prospective sellers raised
their asking prices when they heard about
this week’s direct fcedlot sales Packer
buyers lumped out on fuesday and
started trying to cover their needs before
heading to Grandma's house for Thanks
giving Trading became even more active
on Wcdnesdav morning and when the
smokc cleared, live sales closed f 00-2 00
higher at mostly 73 (K) and dressed sales
gained 300 from 114 (K) to mostly 115 00
This should give next week's feedci mar-
kets another shot in the arm, since prices
didn’t get a chance to react to it this
week Buyers will be ready to get back to
work after getting their fill of turkey din
ner, turkey sandwiches, and turkey casse
role Although, they will be wary of those
cattle that can’t finish m time for April as
the CMF 1 ivc Cattle Futures drop off
around 6 00 from April to June
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Eastern Cornbelt Direct
Feeder Pig Weekly
Springfield, 111.
Ncncmbcr 29. 2002
Report Supplied By USD V
Fdstcrn C orn Belt Direct Feeder Pig
Weekly Summary (includes pig prices on
negotiated, contract and formula basis)
FFFDFR PIGS Total receipts 14,026,
negotiated 3,650, last week 14,126
Trends SFW 10 lb pigs and feeder pigs
sold steady to firm Trading actmty yyas
light lor light to moderate offerings
FOB f astern Cornbelt - Illinois, Indi
ana, Ohio, Michigan Receipts 11,221,
last yveek 11,576
FARI 1 WFANI D PIGS, 10 I B
BASIS, estimated SO-54 r r lean yalue lot
si/c si/c under 250 330 head, 23 61-29 37,
yytd ayg price 27 19, lot si/c 250-750
4,216 head, 25 85-33 42, yytd ayg price
29 84, lot si/c 750 or more 3,550 head.
30 00-32 40, yvtd ayg price 3126 Total
Composite 8,096 head, 23 61-29 37, yvtd
ayg price 27 19
PIGS, 40 I B BASIS. Estimated
50-54'V lean yalue lot size
250-750. 400 head, 36 00
PIGS, 50 I B BASIS, Esti-
mated 50-54 f ’ / r lean value
lot size 250-750 550 head.
44 06, lot size 270 up 2,175
head, 17 00-44 06. wtd avg
prise 40 81 Total Compos-
ite 2,725 head, 37 00-44 06,
wtd asg prise 41 47
FOB puses quoted on
psr head basis "pisked up'
it sellers farm, prises do not
mslude Ircmhf
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Eastern Corn Belt
Direct Hogs
Des Moines, lowa
December 3, 2002
Report Supplied By USDA
FASTFRN CORN BEIT DIRECT
DAII Y HOGS, for Tuesday, Dec 3 as of
1 30 p m.
CURRENT VOI UMF TODAY Pro
ducer Sold Negotiated Actual 16,331;
Other Market Formula- 4,167, Swine or
Pork Market Formula 34,698, Other Pur
chase Arrangement 17,671, Packer Sold
(All purchase types) Actual today; 809
NEGOTIATED PURCHASES (In
cluding packer sold) BARROWS AND
GUTS 12,338 head Compared to prior
day's close, firm Base Market Hog, 185 lb
Carcass Basis, Plant Delivered (9-1 1
inch backfat, 6 sq m lom/2 0 depth)
Range $36 75 - 46 00. wtd. ayg $4l 88
5 Day rolling Aycragc Market Hog
(measurements based on slaughter data
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price range $4O 28 - 49.45
Purchase volume by state ot origin /
abaina 711, Georgia 1,056; Illinois 21,1
Indiana 19,905, Kentucky 2,473, Mai
land 180, Michigan 4,804, Mississif
2,009, New York 538, North Caroh
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