Five-Area Weekly Average Direct Slaughter Cattle St. Joseph, Mo., January 13, 2003 - USDA Market News Service Sales in Texas/Oklahoma; Kansas; Nebraska; Colorado; and lowa/Minnesota Feedlots for Week Ending Sunday, January 12,2003 Confirmed Sales: 228,817; Week Ago: 220,665; Year Ago: 228,848 LIVE FOB BASIS SALES - Beef Breeds SLAUGHTER STEERS #Head Wt Range Over 80% Choice 2,474 1300-1500 65-80% Choice 7.512 1050-1450 35-65% Choice 57,364 1035-1430 0-35% Choice 2,319 1100-1400 TOTAL all grades 69,669 1035-1500 SLAUGHTER HEIFERS. Over 80% Choice 6,790 1150-1400 65-80% Choice 10,615 1100-1360 35-65% Choice 40,502 1000-1390 0-35% Choice 102 1125-1125 TOTAL all grades 58,009 1000-1400 DRESSED DELIVERED BASIS - Beef Bi SLAUGHTER STEERS: Over 80% Choice 2,981 768-920 120 00-124 50 65-80% Choice 12,759 740-936 120.00-124.50 65% Choice 16,370 700-921 119.00-124.00 0-35% Choice TOTAL all grades 32,110 700-936 119.00-124.50 SLAUGHTER HEIFERS: Over 80% Choice 3,656 709-913 120.00-125.00 65-80% Choice 12,605 705-935 120.00-125.00 35-65% Choice 13,549 683-857 121.00-125.00 0-35% Choice TOTAL all grades 29,810 683-935 120.00-125.00 WEEKLY WEIGHTED AVERAGES; Live Steer Live Heifer Dressed Steer Dressed Heifer Week Ago Weighted Averages: Live Steer 69,503 Live Heifer 55,928 Dressed Steer 31,760 Dressed Heifer 29,810 Year Ago Weighted Averages Live Steer Live Heifer Dressed Steer Dressed Heifer Lancaster Farming Check out our Website! www.lancasterfarmina.com Price Range 74 00-78.50 74 00-78.50 75 00-78.75 76 00-78 50 74.00-78.75 74 00-78 50 74.00- 50 74 00-78 50 76.00- 00 74.00- t reeds: Av Weight 1,271 1,176 853 785 Head Count 69,669 58,009 32,345 29,810 68,877 51,581 37,303 37,523 Av. Wt Av. Prici 1,399 77 41 1,342 77 48 1.257 77.81 1.243 77.85 1,271 77.76 77 11 77.81 77 70 76.00 77.65 1,226 1,258 1,147 1,125 1,176 122.26 122.52 123.03 872 869 837 122.76 853 123.31 122.85 123.30 806 795 769 123.11 785 Av Price 77.76 77.65 122.75 123.11 74.82 74.95 117 82 118.16 1,276 1,168 852 778 65.98 66.11 106.06 105.80 1,290 1,180 845 771 Pa. Grain Report January 13,2003 Report Supplied By PDA Compared with last Monday’s market for Eastern and Central Pennsylvania; Com steady to firm. Wheat .10 to .12 lower. Barley steady to firm. Oats and Ear Corn mostly steady. Soybeans .15 to .20 lower. Prices paid delivered to dealers dock; all prices per bushel, except Ear Corn per ton. SOUTHEASTERN PENNSYLVANIA CORN No. 2-y, 2.85-3.10. avg. 2.94; contract for harvest 2.40-2.61. WHEAT No. 2, 3.19-3.49, avg. 3.36, contract for harvest 3.13-3.29. BARLEY No. 3, 2.25-2.65, avg. 2.50; contract for harvest 1.60-1.75. Oats No. 2, 2.20-2.25, avg. 2.22. SOYBEANS 5.67-5.80, avg. 5.71; contract for harvest 4.89-5.08. Or. Sorghum, 2.60; contract for harvest 2.45. Ear Com 84-105.00, avg. 92.17. SOUTH CENTRAL PENNSYLVANIA CORN No. 2-y, 2.80-3.00, avg. 2.94. WHEAT No. 2, 3.15-3.35, avg. 3.30. BARLEY No. 3, 1.90-2.30, avg. 2.09. OATS No. 2, 1.90-2.00, avg. 1.98. SOY BEANS 5.59-5.75, avg. 5.67. Gr. Sorg hum, none. Ear Com 85-100.00, avg. 90.00. WESTERN PENNSYLVANIA CORN No. 2, 2.70-3.00, avg. 2.87. WHEAT No. 2, 3.00-3.20, avg. 3.10. BARLEY No. 3,1.9 a OATS No. 2, 1.70-2.15, avg. 1.95. SOYBEANS No. 1, 5.11. EAR CORN 84.00. CENTRAL PENNSYLVANIA EAR CORN No. 2, 2.90-3.10 few 3.20, avg. 3.05. WHEAT No. 2, 3.10-3.20, avg. 3.15. BARLEY No. 3,1.95-2.00, avg. 1.98. OATS No. 2. 1.75-2.00, avg. 1.89. SOY BEANS, No. 1, 5.50-5.80, avg. 5.73. EAR CORN 80-91.50, avg. 86.30. LEHIGH VALLEY CORN No. 2-Y, 2.90-3.10, avg. 3.00. WHEAT No. 2, 3.50-3.71, avg. 3.61. BARLEY, No. 3, 2.45-2.50, avg. 2.48. OATS No. 2, 1.65-2.30, avg. 2.03. SOY- BEANS No. 1. 5.60-5.80, avg. 5.71. Grain Sorghum 3.25-3.45, avg. 3.35. EAR CORN 82-95.00, avg. 86.80. EASTERN AND CENTRAL PENNSYLVANIA CORN No. 2-y, 2.85-3.10, avg. 2.98; month ago 3.02; year ago 2.36. WHEAT Lancaster Farming, Saturday, January 18, 2003-Al9 No. 2, 3.15-3.50, avg. 3.34; month ago 3.58; year ago 2.87. BARLEY, No. 3, 1.95-2.50, avg. 2.23; month ago 2.15; year ago 1.62. OATS No. 2, 1.75-2.25, avg. 2.01; month ago 1.90; year ago 1.66. SOY BEANS No. 1,5.59-5.80, avg. 5.70; month ago 5.81; year ago 4.13. EAR CORN 82.00-100.00, avg. 89.07: month ago 89.51; year ago 65.67. NORTH CENTRAL OHIO (Prices FOB Truck): CORN 2.43-2.46; WHEAT 3.14-3.19; OATS 1.70; SOY BEAN MEAL: bulk 44% 166.00-166.30; bulk 48% 171.30-175.00. East Fluid Milk And Cream Review Madison, Wis. January 15,2003 Report Supplied by USDA Spot prices of class II cream, dollars per lb. butterfat: F. 0.8. producing plants: Northeast: 1.3230-1.4553. Delivered Equivalent: Atlanta: 1.3340-1.4553 mostly 1.3671-1.3781. PRICES OF CONDENSED SKIM, dollars per lb. wet solids, F. 0.8. produc ing plants: Northeast: Class 11, includes monthly formula prices: .9500-1.000; Class 111 - spot prices - .8000-.8700. SPOT SHIPMENTS OF GRADE A MILK: FLORIDA: This week: In 10, Out 0; last week: In 15, Out 0; last year: In 25, Out 0. SOUTHEAST STATES: This week: In 0, Out 0; last week: In 0, Out 0; last year: In 0, Out 23. Regional Milk Market Administrators announced the following, December 2002 uniform prices: Northeast $12.24, Mideast $11.12, Southeast $12.76, Florida $14.15, and Western New York (a state order) $12.01 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.) Colder weather is prevalent across the East. Florida had frost early in the week and temperatures barely broke the freez ing mark in the Middle Atlantic area. Milk production is mostly steady in all areas of the region. The prediction of a late-week snow storm in the Mid-South has bottlers clamoring for more milk and suppliers are having difficulty finding needed loads. One supplier noted that his buyers, collectively, added on more than 100 loads to their normal milk orders. Not all the “add ons” were filled in a timely manner. Last minute calls generally went unfilled until late in the week. The extra milk came from intra-company ship ments. Florida’s need for milk is closely balanced with its own supply, but han dlers did import a “handful” of loads this week. Grelder & Wltmer Associates, Inc* Your Complete Tax, Accounting and Investment** Service for Individuals, Small Businesses and Farmers We Are... Tax Return Preparation* • Individual, Partnership, Corporate, Fiduciary •Tax Planning • Electronic Filing Accounting and Payroll • Bookkeeping and Financial Statements • Payroll and Benefit Administration • Accounting Software Installation and Support Investment Services** • IRA’s and Retirement Plans • Investments** with a Goal • Life and Long-Term Care Insurance • Annuities 2733 Willow Street Pike Willow Street, PA (717) 464-2951 Fax (717) 464-2013 greiderstaxsvc @ msn.com Susan Greider Enrolled Agent ** Securities offered through Royal Alliance Associates, Inc In the Northeast, Class I milk needs are mostly steady. Parts of New York have had heavy snow, but the impact on bot tling and retail sales is not as evident as some other areas that get snow less fre quently. Surplus milk volumes are tight in the Southeast, lighter in the Northeast. The condensed skim market is little changed. Demand is slow to fair and prices are steady. The fluid cream market is weak Prices are lower as the CME weekly butter price average did decline 3.0 cents last week. Cream offerings are heavy and excess loads continue to move to local and Mid western churning facilities. Reports indi cate that butter makers are pushing their “pay multiples” lower as the cream sup plies increase and the butter market struggles to maintain the current price. Cream cheese production is steady to lighter. Producers appear to be taking fewer spot loads unless multiples are ad justed lower. Ice cream output is typical tor this time of year. Some ice cream makers are taking advantage of the rela tively low price of fat to replenish and/or build inventories of their best selling flavors. Churning activity is heavy. Washington, D. C. January 10,2003 Report Supplied By NASS/USDA DAIRY PRODUCTS PRICES HIGH LIGHTS: CHEDDAR CHEESE prices received for US 40 pound Blocks averaged $1.12 per pound for the week ending January 4. The price per pound decreased 0.3 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $l.ll per pound, up 0.7 cents from the previous week. BUTTER prices received for 25 kilo gram and 68 pound boxes meeting USDA Grade AA standards averaged $1.12 per pound for the week ending January 4. The U.S. price per pound increased 0.2 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 83.2 cents per pound for the week ending January 4. The U.S. price per pound decreased 0.6 cents from the previous week. DRY WHEY prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 17.6 cents per pound for the week ending Jan uary 4. The U.S. price per pound in creased 0.1 cents from the previous week. ‘Member Nolional Aitociotion of Tan Professional} Dairy Products Prices Highlights Roxanne Witmer Enrolled Agent !*•**%*