Lancaster farming. (Lancaster, Pa., etc.) 1955-current, January 11, 2003, Image 20

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    A2O-Lancaster Farming, Saturday, January 11,2003
East Fluid Milk
And Cream Review
Madison, Wis.
January 8,2003
Report Supplied by USDA
Spot prices of class II cream, dollars
per lb. butterfat: F. 0.8. producing plants:
Northeast: 1.3590-1.4949. Delivered
Equivalent: Atlanta: 1.3590-1.4949 mostly
1 3817-1.4043.
PRICES OF CONDENSED SKIM,
dollars per lb. wet solids, F. 0.8. produc
ing plants: Northeast: Class 11, includes
monthly formula prices: .9500-1.0300;
Class 111 - spot prices - .8000-.8700.
SPOT SHIPMENTS OF GRADE A
MILK: FLORIDA: This week; In 15, Out
0; last week: In 0, Out 27; last year: In 80,
Out 0. SOUTHEAST STATES: This
week: In 0, Out 0; last week: In 0, Out 0;
last year: In 0, Out 0.
The following are the December 2002
Class and component prices under the
Federal Milk Order pricing system: Class
II $11.62 (up $0.36 from November),
Class 111 $9.74 (down $0.10); and Class
IV $10.49 (down $0.09). The following are
the product price averages used in com
puting Class prices: butter $1.0926, NDM
$0.8682, cheese $1.1203, and dry whey
$0.1965. The Class II butterfat price is
$1.1992 and the Class 111/IV butterfat
price is $1.1922.
Milk production is steady to slightly
higher in most parts of the region. Flori
da’s output has slowed temporarily as
cold weather hit the state early this week.
Frost was common across much of the
state on Wednesday morning. Two storms
moved quickly through the Northeast this
past weekend and at midweek. Snow ac
cumulations ranged up to 18 inches in
spots and there were some delays in farm
pick-ups and other transportation sched
ules. The forecasts of storms set off anoth
er bout of panic buying. Bottlers were
very busy over the weekend and most
o °
the
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COMPONENTS OF A PROVEN SYSTEM
Gary Johnson
Box 154 Church St
Spnngville Pa
(570)965-2613
There's no such thing as a non-working
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There's more to covering the needs of your family than
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Even if a spouse doesn't work \ x * %
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• » 1
Talk to your Farm Family i # ■
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J *ll
« ! , ••
■ a , at# %>
VRubino
F-| rnrt Insurance Agency, Inc
■ 111 108 South Third St., Easton, PA 18042
Toll Free 1-800-334-0998
rdlTlliy phone 610-253-6178
Life Insurance Company < Fax 610-253-6870
Glenmont, New York
| win : rv
added on to their orders for milk. The
combination of refilling the school lunch
pipelines and the storms had most bottle
rs running “full tilt” right through mid
week. This improved Class I demand
greatly reduced the volumes of surplus
milk in the region. Butter/powder plants
that were operating on extended sched
ules during the holidays are back to mod
erate operations now and some balancing
plants were idled early this week. How
ever, the butter producing portion of these
plants arc still churning moderate to
heavy volumes of cream.
The condensed skim market isn’t as
weak now that the holiday milk and con
densed have eased back to more normal
levels. Less distressed loads are clearing.
Prices are still rather low and some users
are looking at NDM as a less expensive
alternative. Suppliers are often lowering
prices to meet the NDM market, just to
keep product moving.
The fluid cream market remains weak.
However, some ice cream plants are back
on line after several weeks off. This is
helping to ease the cream glut, but the
heavier milk bottling and standardizing is
creating more cream at those plants.
However, cream volumes are still exces
sive of Class II demand and some sup
pliers are still shipping a big percentage of
their supply to the Midwest for churning.
Demand is fair and prices often lower due
to a decline in multiples and the CME av
erage price of butter. A few scattered re
ports of higher multiples were noted.
Cream cheese output is about steady and
producers are still looking for attractively
priced spot loads. Ice cream production is
increasing for the “holiday lull” now that
plants get back on line. Churning activity
is still quite heavy at those plants that are
churning. Cream suppliers report that
some butter makers are paying rather low
multiples for any cream that is offered to
them.
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National Feeder Cattle
Weekly Review
St. Joseph, Mo.
January 5,2003
Report Supplied By USDA
NATIONAL FEEDER & STOCKER
Summary for week ending Jan. 3, 2003.
Total Receipts: 84,600. Direct 34,200.
Video/internet 21,100. Auctions 29,300.
This week’s reported auction volume in
cluded 57 percent over 600 lbs and 46 per
cent heifers.
Feeder cattle marketing was too light,
again this week, to establish a national
price trend. Business should return to
normal next week as auction and direct
sales are both expected to be large. The
few country sales and auctions that were
reported by the USDA’s Livestock Mar
ket News Service this week mostly had a
higher undertone.
The two week holiday break did not
unveil any news or data that would cause
the cattle markets to head south. In fact,
feedlots received market leverage for
Christmas and the fat cattle market
exited the holidays 3.00 higher than it en
tered and dressed sales gained 5.00. The
five major feeding areas sold near 210,000
head of slaughter steers and heifers late
this week at mostly 75.00 live and 118.00
in the beef.
The best feeder cattle demand remains
to be for heavyweights as buyers are ag
gressive for anything that will finish near
April. On New Year’s Day at the St. Jo
seph Stockyards in Missouri, a load of
1000 lb steers 83.00 and a comparable
load weighing 700 lbs brought 87.50.
April CME Live Cattle Futures ended the
week at 79.97 but the June contracts
closed at 72.95, which makes those 700 lb
steers look risky.
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Distributor Phone: (570) 672-1096
Fax- (570) 672-3221
TOTAL
INTERLOCKED
RUBBER
FLOORING
Poly Pillow™
Soft plastic brisket barrier
Installs over the mattress
Allows natural leg
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Petersheim’s Cow Mattresses
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STOVES
For More information and hie Literature Contau
and top cover
US Patent Desc 421 321
The El Nino phenomenon has left the
upper half of the US with an abnormally
warm and dry start to the winter. Mean
while, the southern portion of the country
has already seen a whole season’s worth
of moisture. Springfield, MO posted a re
cord for the most snow ever in the month
of December at 20 inches. Further north,
ranchers and backgrounders in the upper
Midwest are running out of water as they
watch their ponds freeze dry, leaving
many praying for any type of moisture
even a snowstorm.
Eastern Combelt Direct
Sheep Weekly Summary
Springfield, 111.
January 3,2003
Report Supplied By USDA
Eastern Cornbelt Direct Sheep Weekly
Report (includes lambs sold in IL., IN.,
OH., ML) No report issued this week
due to holiday.
LIVESTOCK FUTURES MARKET
Chicago Mercantile Exchange
Wednesday, January 8,2003
Live Hogs Frozen
Choice Steers Choice Feeders Lean Value Pork Bellies
Today 12/30/02 Today 12/30/02 Today 12/30/02 Today 12/30/02
jO2 83 100 83.275 - -
FO3 81.100 78,725 52.125 53 550 82 350 88.600
Mr 03 80.850 81.600 81 500 86.800
Apo3 79.600 78.025 80.925 81.100 58 425 59 725
My 03 - 81.475 81.550 62.825 63 850 82 350 87.700
Jno3 71 825 71 875 63.975 66 350
JlO3 - - 61.600 63 450 82 900 87.650
Auo3 69 625 69 825 83.725 83.720 59.275 60.700 81.500 86.300
SO3 83.700 83.700 -
003 71.525 71300 83.650 83.600 54 100 53.225
NO3 83.900 83.700
DO3 - 53.100 52 150
FO4 55.325 54.000
PastmMat
Cows prefer the rubber-filled
mattress with the resilience of
natural pasture
Proven the most durable top
cover on the market
Save on bedding costs and labor -
Pasture Mat equals
3” of bedding
US Patent #5653195
NATIONAL WEEKLY LAMB RE
PORT for week ending Monday, Jan. 6:
SLAUGHTERED LAMB PRIOR
WEEK: From Forward Contracts: Do
mestic 0; Imported 0. From Formula Ar
rangements: Domestic 19,288 head; Im
ported: 987.
SLAUGHTERED PACKER OWNED
SHEEP: DOMESTIC: 2,843 head, 52-88
lbs (avg. 77 lbs); dressing 50,0-50,0%, avg.
50.0%; Choice or better 99.1%. IM
PORTED: None.
FORWARD CONTRACT PUR
CHASES: No trade reported.
FORMULA PURCHASES: DOMES
TIC: 1,081 head, 61-65 lbs (avg. 63.1 lbs)
159.95-170.00, wtd.avg. price 164.03;
13,860 head, 66-75 lbs (avg. 72.5 lbs)
160.90-185.56, wtd. avg. price 164.79;
8,815 head, 75-86 lbs (avg. 78.3 lbs)
159.02-173.91, wtd. avg. price 164.92.
IMPORTED: 334 head, 67-69 lbs (avg.
68.1 lbs) 152.97.
Y2K Free Stall
Eliminates common barriers
to standing up and lying down
Increases forward lunge
space and bed length
Provides the strength and
durability of Gatorsheild
galvanized steel
National Weekly
Lamb Report
Des Moines, lowa
January 7,2003
Report Supplied By USDA
PROMAT LTD