Pa. Grain Report
February 3,2003
Report Supplied By PDA
Compared with last Monday’s
market for Eastern and Central
Pennsylvania: Corn firm to .05 spots
.07 higher. Wheat steady to firm.
Barley and Oats firm to .05 spots .10
higher. Soybeans steady to mostly
.10 lower. Ear Com steady to firm
with most advances due to limited
supply. Prices paid delivered to deal
ers dock; all prices per bushel, except
Ear Com per ton.
SOUTHEASTERN PENNSYL-
VANIA
CORN No. 2-y, 2.86-3.05, avg.
2.97; contract for harvest 2.44-2.49.
WHEAT No. 2, 3.40-3.63, avg. 3.48,
contract for harvest 3.01-3.21. BAR
LEY No. 3, 2.25-2.70, avg. 2.52; con
tract for harvest 1.60-1.80. Oats No.
2, 2.20-2.30, avg. 2.25. SOYBEANS
5.69-5.80, avg. 5.73; contract for har
vest 4.95-5.05. Gr. Sorghum, 2.69;
contract for harvest 2.30. Ear Com
86-105.00, avg. 94.83.
SOUTH CENTRAL
PENNSYLVANIA
CORN No. 2-y, 2.82-3.05, avg.
2.95. WHEAT No. 2, 3.10-3.38, avg.
3.23. BARLEY No. 3, 1.85-2.30, avg.
2.08. OATS No. 2, 1.85-2.30, avg.
1.93. SOYBEANS 5.56-5.79, avg.
5.69. Gr. Sorghum, none. Ear Com
83-100.00, avg. 90.43.
WESTERN PENNSYLVANIA
CORN No. 2, 2.90-3.00 few 2.52,
avg. 2.91. WHEAT No. 2, 3.20.
BARLEY No. 3, 1.90. OATS No. 2,
1.70-2.20, avg. 2.00. SOYBEANS No.
1, 5.39. EAR CORN 83-84.00, avg.
83.67.
CENTRAL PENNSYLVANIA
EAR CORN No. 2, 2.86-3.05, avg.
3.01. WHEAT No. 2, 3.00-3.20, avg.
3.10. BARLEY No. 3,2.00-2.25, avg.
2.08. OATS No. 2, 1.90-2.20, avg.
2.00. SOYBEANS, No. 1. 5.50-5.75,
avg. 5.72. EAR CORN 65-90.00, avg.
86.80.
LEHIGH VALLEY
CORN No. 2-Y, 2.90-3.00 few to
3.10, avg. 2.99. WHEAT No. 2,
3.40-3.71, avg. 3.56. BARLEY, No. 3,
2.45-2.50, avg. 2.47. OATS No. 2,
2.15-2.35, avg. 2.27. SOYBEANS No.
1, 5.60-5.75, avg. 5.68. Grain Sorg
hum 3.25-3.45, avg. 3.35. EAR
CORN 83-95.00, avg. 87.20.
EASTERN AND CENTRAL
PENNSYLVANIA
CORN No. 2-y, 2.86-3.05, avg.
2.98; month ago 2.98; year ago 2.35.
WHEAT No. 2, 3.20-3.63, avg. 3.34;
month ago 3.34; year ago 2.84. BAR
LEY, No. 3, 2.00-2.50, avg. 2.22;
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i m 11 v m
month ago 2.23; year ago 1.69.
OATS No. 2, 1.90-2.30, avg. 2.07;
month ago 2.01; year ago 1.78. SOY
BEANS No. 1, 5.56-5.80, avg. 5.71;
month ago 5.70; year ago 4.05. EAR
CORN 83.00-100.00, avg. 90.09;
month ago 89.07; year ago 65.52.
NORTH CENTRAL OHIO
(Prices FOB Truck): CORN
2.47-2.51; WHEAT 3.17-3.22; SOY
BEANS 5.44-5.66. SOYBEAN
MEAL: bulk 44% 175.00-176.60;
bulk 48% 181.60-183.00.
Daily National
Grain Market
Summary
St. Joseph, MO
February 5,2002
Report Supplied By USDA
Wheat bids were slightly higher,
today, supported by export optimism
and continued concerns over winter
wheat conditions. Indications that
Egypt may be in the market for US
wheat gave firmness to bids. Com
bids were narrowly mixed, but most
ly lower as lack export sales remain
disappointing. Soybean bids lost
most of yesterday’s advances due to
light fund selling on the Board. Fore
casts for wet weather in Argentina
and Southern Brazil weakened trade.
Light export purchase by South
Korea overnight was positive. Wheat
steady to 3 cents higher. Com mixed,
mostly 1 cent lower except Omaha
steady to 2 cents higher. Sorghum 2
to 3 cents lower. Soybeans 7 to 8
cents lower.
EXPORT SALES: PURCHASER
COMMODITY TONNAGE DELIV
ERY DATE South Korea Soybeans
50,000 Apr-July
THESE MAY NOT BE THE
ONLY EXPORT SALES THAT
HAVE TRANSPIRED, BUT THEY
ARE THE ONLY SALES THAT
COULD BE CONFIRMED TRUCK
BIDS: 02/05/03 02/04/03 02/06/02
Wheat: Kansas City (HRW ORD)
3.90 unch 2.80 */2-2.83 Vi Minneapolis
(DNS) 4.22 %up 3 3 A 3.31 Portland
(SWW) 3.86-3.90 unch-up 1
3.63-3.65 St. Louis (SRW) 3.55 up 1
2.85
Com, US No 2 Yellow: Kansas
City 2.43-2.45 tin 1 1.96-1.98 Minne
apolis 2.17 3 /< dn 1 1.84 '/< So.lowa
2.27-2.30 dn 1 1.96-1.97 Omaha
2.29-2.31 unch-up 2 1.85-1.87 Soy
beans, US No 1 Yellow: Kansas City
5.66-5.70 dn 8 4.20-4.22 Minneapolis
5.43 dn 7 'A 4.10 So. lowa 5.52-5.54
dn 8-7 Vi 4.21 Cent. II Processor
5.63-5.75 dn 8 Vi-1 'A 4.28-4.35
SI .tiU'
Minneapolis truck - to arrive 20
days FUTURES: Kansas City (Mar)
Wheat 3.60 up Va 2.83 Vi Minneapolis
(Mar) Wheat 3.82 3 /a up 3 % 2.98
Chicago (Mar) Wheat 3.24 unch 2.80
Vi Chicago (Mar) Com 2.36 % dn 1
2.04 Vi Chicago (Mar) Soybeans 5.62
dn 8 W 4.28 EXPORT BIDS: Barge
bids out of the Port of New Orleans,
or Rail out of the North Texas Gulf.
Bids per bushel, except sorghum per
cwt.
US 1 HRW Wheat, Ord Protein:
Rail 4.11-4.22 up Vi 3.33 V 4-3.34 '/>
US 2 Soft Red Winter Wheat: Barge
3.83-3.85 unch-up 1 3.10 Vi-3.12 Vi
US 2 Yellow Com Barge 2.69 Vi-2.70
Vi dn V 4-1 2.28 Vi-2.29 Vi US 2 Yellow
Sorghum Rail 4.94-5.12 dn 2
4.15-4.18 Barge 5.12-5.16 dn 2-1 4.22
US 2 Yellow Soybeans Barge
6.07-6.08 db 8 Vi-9 Vi 4.63
East Fluid Milk
And Cream Review
Madison, Wis.
February 5,2003
Report Supplied by USD A
Spot prices of class II cream, dol
lars per lb. butterfat: F. 0.8. produc
ing plants: Northeast; 1.2219-1.3600.
Delivered Equivalent: Atlanta;
1.2538-1.3600 mostly 1.2644-1.2963.
PRICES OF CONDENSED
SKIM, dollars per lb. wet solids,
F. 0.8. producing plants: Northeast:
Class 11, includes monthly formula
prices; .9200-.9800; Class 111 - spot
prices - .7200-.8600.
SPOT SHIPMENTS OF GRADE
A MILK: FLORIDA: This week: In
0, Out 15; last week: In 0, Out 0; last
year: In 6, 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 January
2003 Class and component prices
under the Federal Milk Order pric
ing system: Class II $11.29 (down
$0.33 from December), Class 111
$9.78 (up $0.04); and Class IV $10.07
(down $0.42). Tlie following are the
product price averages used in com
puting Class prices; butter $1.0872,
NDM $0.8207, cheese $1.1307, and
dry whey $0.1728. The Class II but
terfat price is $1.1926 and the Class
111/IV butterfat price is $1.1856.
Milk production is steady to
slightly heavier in most of the East.
In the Northeast, the milk flow is
mostly steady and milk supplies are
moderate to heavy. In the Southeast,
milk output is increasing along the
coastal areas from the Carolinas to
Louisiana. Elsewhere in the South,
milk production is generally steady.
Florida’s need for milk eased this
week as in-state milk production is
increasing and demand is steady.
Therefore, handlers had to ship milk
out of state for processing, a trend
that may continue if historic patterns
are any indication. Bottled milk sales
ranged from slower in the South to
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good in the Northeast. Another
storm and cold temperatures “blew
through” the Mid-South, Middle At
lantic, and New England, which
caused a short flurry of panic buying
at some grocery stores. Bottlers re
ported good orders during the week
end, but slightly slower orders at
midweek. Surplus milk volumes are
moderate to heavy. Some cheese
plants are down this week and the
extra milk was looking for a home.
Southeastern balancing plants ran
some additional milk this week as a
result of slower Class I sales and the
milk coming out of Florida. This ad
ditional surplus milk supply was, in
some instances, eased by one organi
zation’s need for extra milk to meet
manufacturing commitments. East
ern butter/powder plants are busy,
but most are not yet at capacity.
The condensed skim market is
mostly steady and prices range from
steady to lower now that February
milk prices are impacting Class II
transactions. Demand for wet solids
is steady at best. Some users are
looking at NDM as a less expensive
alternative.
The fluid cream market is weak
and prices are lower. Supplies are ex
cessive and most producers and/or
handlers continue to clear a large
portion of their cream to butter pro
ducers. Reportedly, cream shipments
from the East to Upper Midwest but
ter makers are heavy and have been
since early January. Spot interest for
Class II cream is slow to fair. Some
buyers are taking advantage of the
low prices to make some spot pur
chases. Some suppliers did drop their
multiples to attract more Class II in
terest, particularly since most butter
makers have significantly reduced
their paying multiples. Cream cheese
production is steady to slightly high
er as some producers did take on
some spot loads this week. Ice cream
output is steady, but here too, pro
ducers are often able to purchase at
tractively priced spot loads. Bottled
cream output is light. Churning ac
tivity is heavy.
Dairy Products
Prices Highlights
Washington, D. C.
January 31,2003
Report Supplied By NASS/USDA
DAIRY PRODUCTS PRICES
HIGHLIGHTS:
CHEDDAR CHEESE prices re
ceived for US 40 pound Blocks aver
aged $1.13 per pound for the week
ending January 25. The price per
pound increased 0.7 cents from the
previous week. The price for US 500
pound Barrels adjusted to 38 percent
moisture averaged $l.ll per pound,
down slightly from the previous
week.
BUTTER prices received for 25
kilogram and 68 pound boxes meet
ing USDA Grade AA standards av
eraged $1.06 per pound for the week
ending January 25. The U.S. price
per pound decreased 2.5 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
81.2 cents per pound for the
week ending January 25. The
U.S. price per pound de
creased 0.3 cents from the
previous week.
DRY WHEY prices re
ceived for bag, tote and tanker
sales meeting USDA Extra
Grade standards averaged
16.5 cents per pound for the
week ending January 25. The
U.S. price per pound de
creased 0.5 cents from the
previous week.
icaster Farming, Saturday, February 8, 2003-A
Pasture Perfect® Dealer of the Week
Homestead Nutrition
This week Ampac Seed Company and
Rohrer Seeds recognizes Homestead
Nutrition. Inc., of New Holland. PA
look at the whole picture.'’ says Don
Weaver. President and Owner of Home
stead Nutrition "At Homestead, wc place
priority on integrity trust and honesty in
our relationships. - y/-
and in our steward
ship of natural,
economic, and hu-
man resources for
health) soil, crops
and livestock We
work from the soil
up to provide
quality sen icc and
products that perform
Don is ven impressed with the high
quality Pasture Perfect® Mixes he's
been buying from Rohrcr Seeds, and
wants his customers to know that it's not
too late to plant rv egrasses “The Reno
vator Special mix works verv well to
thicken up thinning pastures and hav
fields. " savs Don. ”o\erseedmg should
be done as soon as possible this spnng to
strengthen weakened pastures. This tetra
ploid mix establishes quicklv to give high
qualm pasture forage."
Don adds, "Getting high qualm pasture
is more than putting good seed in the
field, it also takes management We have
added a pasture lav out and consulting ser
vice to help vou get results We w elcome
the opportunity to serve our community "
Contact Homestead Nutrition:
888-336-7878
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For product details and local purchase
info , please visit us on the web at
www.ampacseed.com
Rohrer Seeds
717-299-2571
Pasture Perfect is a
registered trademark of
“Integrity & Excellence, Our Foundation, Your Guarantee 1 "
11 W* -
' 4M)
'■ M $'
V &
£ A
Don Weaver
Homestead Nutrition
j
or call
.1
-Wc