AlB-Lancaster Farming, Saturday, December 21,2002 National Feeder Cattle Weekly Review Sl. Joseph, Mo. December 13, 2002 Report Supplied By USD A NAJIONAI FIFDFR A. STOC KFR Summary for week ending Dee 11. 21M12 Total Receipts 410,400, last week 401,400 Direct 62,100, last week 57.000 \ ideo/Inlernet 11,800 head, last week 27.6(H) Auction Receipts 114 1(H), last week 118.7(H) This week's reported auc tion volume included 15 percent user 6(H) lbs and 41 percent heifers Compared to last week, feeder and stocker cattle markets across the country were mostly mixed Price trends tell on both sides of steady in the Plains states and through the Midwest, with the excep tion being the Southeast whcie markets were predominantly weak to 2 (H) lower Receipts hayc fallen off significantly in the South and the quality of the offerings haye become uneven, making it hard for order buyers to put together loads to send yyest The up and down prices in the central part of the US were a result of demand hemy very good early in the week and then slacking off on Wednesday when High Plains feedlots surrendered this week's showlists I 00 lower at 7* 00 Pres sure to sell came from a sudden drop in the C MF I ive C attle F utures, where De cember contracts lost I 8S on Wednesday and Thursday The threat of delivery caused long positions to )ump ship, which Imul up the eash and lutuics market per teeth h\ the end ot the week This is e\ aclly how the system was designed to woik and why so mam feeders manage risk b\ hedging on the Chicago Mercan tile F \changc The ( MF Feeder Cattle F utures contracts also plavcd a big part m this week s business Many cattle produc ers sold their feeder cattle tor future deliv ery this week and based the sale price oft the Board Basis trading was active near the major feeding areas as many sellers have the option of selecting which day the basis is calcu- lated from Feeder Futures held up fairly well this week m the face of fading I ive Cattle, which seemed like a prime time for many to pick their da> Temperatures have turned extremely mild across most of the nation and especially in winter wheat country Following last week's blanket of snow wheat couldn't be grown better in a greenhouse The demand tor replacement cattle is also starting to grow and was reported to be excellent on the 9 (KM) head ottered in Hillings, MT this week Fancy bred heifers and voung bred cows brought over 1000 00 per head C attic numbers an currently down and the market is rising, causing folks to increase production and the cycle continues A lesson well learned.. Lancaster Farming’s classified ads get results! East Fluid Milk And Cream Review Madison. Wis. December 18, 2002 Report Supplied by USDA Spot prices of class II cream, dollars per lb butterfat T O 11 producing plants Northeast 1 1996-1 5107 Delivered equivalent Atlanta 1 4218-1 5129 mostly 1 4440-1 4774 PRICPS OP CONDPNSFI) SKIM, dollars jier lb wet solids, FOB produc ing plants Northeast Class 11. includes monthly formula prices 9850-1 0100. C lass 111 - spot prices - 8050- 89(H) SPOT SHIPMFNIS OF C.RADF A Mil K FIORIDA This week In - SI, Out 0, last week In 10, Out 0, last year In 21, Out (I SOOTHFAST STATFS This week In 0, Out (I, last week In 0, Out 0, last year In 0, Out 0 Regional Milk Market Administrators announced the following, November 2(H)2 uniform prices Northeast $l2 11 Midcast $ll 17, Southeast $l2 84, Florida $l4 12, and Western New York (a state order) $ll 86 at the base city or county in the or ders (For the Northeast, Mideast, and Western New York orders, statistical un iform prices are reported ) During No vember, milk production in the 20 major states totaled 11 70 billion pounds, up 1 Br<8 r < from November 20()l The following are the November- to-November changes lor selected states Texas * Brr,8 r r, New York " f'r, Pennsylvania -1189, Vermont -I 4 r < Virginia-2 () r r, Florida-2 Brr8 r r and Kentucky -8 4‘V Milk production is mixed The storms each of the last two weeks have taken their toll on milk output Increases seen prior to the storms have turned to slight decreases This is particularly evident in \ irginia, North C arohna and other Mid- Atlantic states Milk production is in creasing m othci Southeastern states and about steady m the Northeast Fluid milk supplies continue to be re ported as tight This is surprising to some contacts who expected to see slower sales and more surplus milk So tar this week (his is not the case Most milk suppliers and bottlers indicate very good Class I milk sales However, school lunch needs will drop to almost nothing late this week ATTENTION DAIRY FARMERS LANCO Dairy Farmers Co-Op Inc. 1373 Beaver Dam Road, Honey Brook, PA 19344 Lanco Wants You To Check Out Our Numbers W) C ent Somatic Cull Premium Btoken m 3 segments dou n to 4(H) 000 55 Cent Ovei Ordei Premium 50 Cent Hauling - No Stop Charges On 4 Milking Pick-Up Q\ er 800 Members In PA & MD f 9? 7-Fieldmen To Cover All Your Needs fff- 11-Local Haulers f No Equity Deductions, Marketing Fees, Market Administrator Test I ees or Membership Fees We aie a farmer run and controlled grass roots co-op and milk marketing division ot Allied Federated Co-op, Canton, New York Call us today 1 We are tiuh tanners turning and vtoiking together 315-858-0312 - 610-273-2536 - 717-993-6808 -JNsaPk ATTENTION: (SMm VEGETABLE GROWERS PLASTIC MULCH SALE 4’ x 4000VMHI Skid Lots Smooth *51.90 Embossed $ 58.40 Free Delivery (Eastern Coast, USA) • • Call for Truckload Pricing • • Call for Row Cover - Berry Boxes < Seed Prices AGWAY 1731 W. Main St., Ephrata, PA 17522 717-733-6593 ss ns sss Bottlers hope that retail sales during the holidays will offset a good portion of the lost school lunch sales Florida’s bottled milk demand has been very good and milk handlers are still importing milk from the Mid-Atlantic area Surplus milk volumes have been light, but most plant contacts expect to be running hcavv this time next week Contacts state that, from a plant processing point of view, it is good that Christmas and New Years fall on Wednesday In fact, many bottlers al ready use Wednesday as one ol their “down days" each week The condensed skim market is about steady \ olumcs arc increasing slightly, but producers seem to pretcr selling wet solids rather than dry them Prices are unchanged, but as offerings increase, sell er may be forced to be more competitive or have to dry it The fluid cream market is mixed mand is still quite good for some suppliers, sharply slower for oth ers There are some ice cream plants that have already closed for the holidays, while others con tinue to operate through the weekend There is more extra cream trying to clear the market and that should he the case all through the holiday period C ream cheese makers have been taking some extra loads Fggnog production is drawing to a close Some plants expect to make their last batch late this week while other may make a little sometime next week Production of bottled cream, dips, and sour cream are all holding at fairl> good le\cls In recent years, it is mote common lor these items to ha\c good sales/consumption well into lanu ary Spot prices are steady to lower this week As cream vol umes increase multiples have eased, hut the C MF weekly aver age did increase fractionally C burning is starting to increase and excess cream continues to clear to loeal and Midwestern bul tei makeis LIVESTOCK FUTURES MARKET Chicago Mercantile Exchange Wednesday, December 18, 2002 Live Hogs Choice Steers Choice Feeders Lean Value Indus \\k\go Today VVk \go Today Wk Ago 77 72S 77 82S 7S 2SO 77 92S 77 2SO 11 77S 71 701) 71 Kit) 69 7S() 70 7SO 70 000 71 SOO So you should call the shots. 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