Five-Area Weekly Average Direct Slaughter Cattle
St. Joseph, Mo., December 30, 2002 - USDA Market News Service
Sales in Texas/Oklahoma; Kansas, Nebraska;
Colorado; and lowa/Minnesota Feedlots for
Week Ending Sunday, December 29, 2002
Confirmed Sales; 170,428; Week Ago: 115,536, Year Ago: 148.715
SLAUGHTER STEERS
#Head Wt Range
Over 80% Choice 1,613 1335-1450
65-80% Choice 4,623 1150-1425
35-65% Choice 37.689 1124-1425
0-35% Choice 4,725 1150-1350
TOTAL all grades 48,650 1125-1450
SLAUGHTER HEIFERS
Over 80% Choice 2.718 1200-1350
65-80% Choice 5,169 1025-1335
35-65% Choice 29,062 1030-1400
0-35% Choice 1,230 1050-1200
TOTAL all grades 38,179 1025-1400
DRESSED DELIVERED BASIS - Beef
SLAUGHTER STEERS-
Over 80% Choice 1.620 772-918 113 00-116 00
65-80% Choice 11,355 750-930 113.00-116.00
35-65% Choice 15,269 663-903 112.50-116.25
0-35% Choice 192 714-800 115 00-115 00
TOTAL all grades 28,436 663-930 112.50-116.25
Over 80% Choice 2,929 719-868 113 00-116 00
65-80% Choice 9,951 693-866 113.00-116.00
35-65% Choice 11,633 660-880 112 00-116.25
0-35% Choice 192 714-800 114 00-116.25
TOTAL all grades 24,871 660-880 112.00-116.25
WEEKLY WEIGHTED AVERAGES:
Live Steer
Live Heifer
Dressed Steer
Dressed Heifer
Week Ago Weighted Averages
Live Steer
Live Heifer
Dressed Steer
Dressed Heifer
Year Ago Weighted Averages
Live Steer 36,838
Live Heifei 28,760
Dressed Steer 29,185
Dressed Heifer 24,624
Westfield Insurance and you...
a partnership in agriculture
Since 1896, Old Guard has served the insurance needs of area
farmers and agribusinesses with prompt, responsive claim service
and competitive rates. Now, as a member of Westfield Group, our
commitment is stronger than ever. With more than 200 collective
.years of agribusiness expertise, you can count on Westfield Group
Agrißusiness for security, stability and value.
VISIT US AT THE KEYSTONE FARM SHOW IN YORK ON
JANUARY 7, 8 & 9 AND THE PENNSYLVANIA FARM SHOW
Price Range Av. Wt Av. Prici
70.00- 50 1,389 72 52
7100-74 00 1.342 72 98
7100-74 00 1,283 73 40
7100-74 00 1,244 73 60
70.00- 1,289 73.35
70 50-73 00
72 00-74 00
71.00-74 00
71 00-74 00
70.50-74.00
Av Weight
1,289
:, 173
858
776
Head Count
48,650
38,179
28,436
24,871
37,643
29,552
15,909
13,655
IN HARRISBURG JANUARY 11-18
201 E Oregon Road Lititz, PA 17543
www.westfleldgrp.com
For an agent near you, contact:
Greg Kirkham
Agrißusiness Marketing Manager
.(800)732.-0050 ext. 6750
72 61
73 16
73 50
73 37
73.39
1,280
1,250
1,151
1,142
1,173
114 68
114 63
114 93
115 00
114.79
870
872
848
741
858
115 25
115 27
115 38
115.06
115.32
808
789
756
815
776
Av Price
73 35
73 39
114 79
115 32
71 56
71 69
112.24
112 28
1,286
1,167
847
775
64 15
64.39
103.95
104.10
1,280
1,167
843
764
«rH
1 |u«?
% *7
WESTFI ELD
INSURMMCt*
A member of Westfield Group 5 *
S , L
National Carlot
Meat Report
Des Moines, IA
December 30,2002
Report Supplied By USDA
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 un
even on moderate to fairly good demand
and moderate to heavy offerings. Select
and Choice chuck and round cuts steady
to firm, while loin cuts weak and rib cuts
lower. Beef trimmings generally steady on
light to moderate demand and offerings.
Estimated composite cutout value of
Choice 1-3,600-750 lbs carcasses dn .85 at
120.63, 750-900 lbs dn .51 at 120.82; Se
lect 1-3, 600-750 lbs up .14 at 117.42,
750-900 lbs dn .02 at 116.34; based on
166.14 loads of Choice cuts, 114.18 loads
of Select cuts, 28.79 loads of trimmings,
and 62.66 loads of coarse ground trim
mings.
Estimated carcass price equivalent
value of Choice 1-3,600-750 lbs up .04 at
111.31, 750-900 lbs up .26 at 111.42; Se
lect 1-3, 600-750 lbs up .61 at 105.84,
750-900 lbs up .49 at 105.11. Current
index reflects the equivalent of 282,442
head of cattle.
NATIONAL CARLOT BEEF; The
Cutter cow carcass gross cutout value was
estimated at 83.36, unchanged.
By-Product Drop Value: Hide and offal
from a typical slaughter steer was esti
mated at 7.81, unchanged.
NATIONAL CARLOT PORK: Sales
reported on 52.50 loads of pork cuts and
24.0 loads of trim/process pork.
/-In the absence of Negotiated Base
Price (NBP) trades and industry partici-
4
*l*
\ I c
Lancaster Farming, Saturday, January 4, 2003-Al7
pation, NBP price quotations will be re
moved from the National Carlot Pork Re
port, January 6, 2003. This will result in
the Negotiated Base Price, the FOB Nego
tiated, and the Total on FOB Basis price
being replaced by one line with the item
description followed by the price quotes
which represents negotiated prices on a
FOB basis. However, NBP’s will remam
for Fresh, Seedless Pork Bellies, Skin-on
12-18 lbs until March 28, 2003 at which
time they will be permanently removed./-
Compared to Friday’s close; Fresh '/<”
lions 7.00 lower than last test; boston
butts 1.00-3.00 higher; sknd. hams 20-23
lbs generally steady, 23-27 lbs. steady to
1.00 lower; lean trimmings generally
steady. Trading slow to moderate, 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 52.05 dn .20. Loins bone in
fresh 'A inch trim 21 Ib/down-light
85.00-98.00. Hams bone in trimmed,
20-23 lbs trim spec 1 41.00.
CARLOT LAMB CARCASS: 0 head
reported.
East Fluid Milk
And Cream Review
Madison, Wis.
December 31,2002
Report Supplied by USDA
Spot prices of class II cream, dollars
per lb. butterfat: F. 0.8. producing plants:
Northeast; 1.3680-1.4820. Delivered
Equivalent: Atlanta: 1.3794-1.5276 mostly
1.3908-1.4136.
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 - .6800-.8700.
SPOT SHIPMENTS OF GRADE A
MILK: FLORIDA: This week: In 0, Out
27; last week: In
0, Out 100; last
year: In 11, Out
0. SOUTHEAST
STATES: This
week: In 0, Out 0;
last week: In 0,
Out 0; last year:
In 0, Out 0.
Milk supplies
remain heavy throughout the region. The
second week of the two-week holiday pe
riod continues to give manufacturers
heavy volumes of surplus milk. North
eastern plants are at or near capacity.
However, a few cheese operations are
running only four days this week. In the
Southeast, manufacturers are also nearly
full. Last week, quite a bit of Southwest
milk was shipped into the Southeast for
processing. This milk was all intra-com
pany transactions. Bottled milk sales are
poor, but bottlers are already preparing
for the refilling of school lunch pipelines.
Most will be in full swing on Thursday
and continue heavy bottling through the
weekend. It is somewhat unusual that the
holidays fall at midweek and schools go
back in session at the same time. Other
years often see school re-openings a little
more staggered so that bottlers can
“spread out” their schedules.
Milk production is about steady in all
areas of the East. Some increases are
being reported in the Southeast, but gains
have been spotty. During this time of
year, most contacts are busy moving and/
or processing the surplus milk and have
only cursory information on the milk flow
this week.
The condensed skim market is little
changed, but some contacts expect Class
II wet solids to reflect lower prices in the
near future. Offerings of condensed skim
are long and spot buyers are looking for
the best price.
The fluid cream market remains weak.
Offerings are heavy and demand is fair at
best. Volumes clearing to local and Mid
west churning facilities remain heavy. In
fact, one butter maker had tankers wait
ing to unload for several days due to lack
of silo-space and processing capacity.
Spot demand for Class II is light and
prices steady to higher Despite the long
supply and slower demand for both cream
and butter, the CME butter price in
creased last week and the weekly average
jumped 2.33 cents. Eggnog production is
essentially complete. Some producers do
make small amounts year round, but the
holiday orders have been filled. Ice cream
output is slow to fair as some plants re
main closed. Sour cream, bottled cream,
and dip production has slowed, but
should be fairly decent through January.
Cream cheese output is about steady, but
some producers are taking advantage of
the relatively low priced cream and mak
ing some spot purchases.