Direct Slaughter Cattle
Dally Market Review
St. Joseph, Mo.
February 5,2003
Report Supplied By (JSDA
National Slaughter Cattle Review as of
2 p.m,: Slaughter cattle demand was very
good in the Southern Plains and light to
moderate in the North. Compared to last
week live sales were mostly 82.00 trending
2.00 to 3.00 higher. Few dressed sales in
Nebraska ranging from mostly 126.00 to
127.00 but there were not enough sales to
establish an adequate market trend.
NEGOTIATED SALES: Confirmed:
LIVESTOCK FUTURES MARKET
Chicago Mercantile Exchange
Wednesday, February 5,2003
Live Hogs Frozen
Choice Steers Choice Feeders Lean Value Pork Bellies
Today Wk Ago Today Wk Ago Today Wk Ago Today Wk Ago
FO3 81.650 81250 48 675 50 600 85.225 82 450
Mr 03 77 500 79.600 - 84 850 82 225
Apo3 78.750 79.825 78 550 80 050 54.000 56.950 -
My 03 78.625 83.200 58 950 60 875 85 825 83 100
Jno3 71.475 71 975 - 61.925 63.975 - -
J 1 03 - 60.350 61 700 86.475 84.200
Auo3 68.550 69.225 81 550 83.200 57.825 58 775 84.000 81.000
SO3 - - 81.650 83.050 -
003 70.675 71.300 81.500 82.925 50.050 51.950 -
NO3 82.250 83 100 —-
DO3 71.525 72.175 49.000 50.550
JO4 82.300 - -
FO4 73.225 73.500 53.400 53.500
Door Prizes & Refreshments at all Four Sessions!
67,766; Week ago: 63,813; Year ago:
3,785. Week to Date: 78,277; Week ago:
88,109; Year ago: 18,208.
NEGOTIATED: PRICES PAID for
Domestic Slaughter Steers and Heifers
(Information derived from the 5 area
weighted average):
LIVE BASIS: STEERS: Over 80%
Choice 80.00-81.00 avg 80.68; 65-80%
Choice 79.00-81.00 avg 80.39; 35-65%
Choice 78.00-82.50 avg 81.68; under 35%
Choice 78.00-82.50 avg. 81.96. Total all
grades 78.00-82.50 avg 81.51. HEIFERS;
Over 80% Choice 79.00-81.00 avg. 80.19;
65-80% Choice 79.00-82.00 avg 81.20;
Ag Outlook Forums
Presented by AgCholce Farm Credit
Speakers:
Danny Klinefelter (Texas ASM) - Mr. Klinefelter will discuss
Farm Management in the 21st Century.
Bill Fink (Team Ag, Inc) - Mr. Fink presents a Crystal Bali on
CAFO and common sense approaches to dealing with
concentrated animal operations and manure management.
Gone Gantz (USDA - RMA) - Crop Insurance Tips, Tricks,
Traps from the master of crop insurance - advice on best
buys for 2003.
9:30 am -1:00 pm
Clarks Mis United Methodist Church
Clarks Mills, Pa
luncheon provided
For registration call 1.800.349.3568 ext. 102
35-65% Choice 79.00-82.00 avg 81.67;
under 35% Choice no quotes. Total all
grades: 79.00-82.00 avg 81.55.
DRESSED BASIS: STEERS: Over
80% Choice 125.00-127.00 avg 126.01;
65-80% Choice 124.00-127.00 avg 125.84;
35-65% Choice 125.00-127.00 avg 126.72;
under 35% Choice no quotes. Total all
grades 124.00-127.00 avg 126.03. HEIF
ERS: Over 80% Choice 125-127.00 avg
125.40; 65-80% Choice 124.00-127.00 avg
126.42; 35-65% Choice 124.00-128.00 avg
126.80; under 35% Choice no quotes.
Total all grades 124.00-128.00 avg 126.54.
FORMULA PURCHASES: Prices es
tablished so far today for previously
slaughtered cattle: Beef Type: Domestic:
Head count priced today - 30,100; weight
ed avg weight - 779 lbs; weighted avg net
price -124.56.
Covers transactions reported at 2:00
pm today. Comments and market condi
tions may include information gathered
from voluntary sources. All prices,
weights and head counts are only those
gathered through the mandatory report
ing system.
Des Moines, 1A
February 4,2003
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.
February 10,2003
8:30 am - Noon
Carlisle Clarion inn, Carlisle, Fa
8:00 am registration and breakfast
' ■" For registration calf t .800.554.9055 ext. 10
Country Cupboard Restaurant
Lewisburg, Pa
February 11,2003
February 11,2003
4:00 pm - 9:30 pm
Mountain View Inn, Greensburg, Pa
National Carlo!
Meat Report
February 10,2003
6:30 pm - 9:45 pm
6:30 pm registration and light refreshments
For registration call 1.800.223.3276 ext. 337
Sandwich buffet and desserts provided.
For registration call 1.800.349.3568 ext. 102
Lancaster Farming, Saturday, February 8, 2003-Al9
BOXED BEEF CUTS: Boxed beef
higher on light to moderate demand and
light offerings. Select and Choice rib and
loin cuts higher, while chuck and round
cuts steady to firm. Beef trimmings higher
on light demand and offerings.
Estimated composite cutout value of
Choice 1-3, 600-750 Ibscarcasses up .83 at
130.58, 750-900 lbs up 1.49 at
129.66;5e1ect 1-3, 600-750 lbs up 1.43 at
124.56, 750-900 lbs up 1.41 at 123.49;
based on 126.89 loads of Choice cuts,
109.12 loads of Select cuts, 10.51 loads of
trimmings, and 65.41 loads of coarse
ground trimmings.
Estimated carcass price equivalent
value of Choice 1-3, 600-750 lbs up .48 at
119.44, 750-900 lbs up .95 at 118.77; Se
lect 1-3, 600-750 lbs up .78 at 113.21,
750-900 lbs up .76 at 112.50. Current
index reflects the equivalent of 363,734
head of cattle.
NATIONAL 5 DAY-ROLLING CUT
TER COW CUTOUT: The Cutter cow
carcass gross cutout value was estimated
at 91.28, up .08.
By-Product Drop Value: Hide and offal
from a typical slaughter steer was esti
mated at 7.87, dOWn .05.
NATIONAL CARLOT PORK: Sales
reported on 81.0 loads of pork cuts and
17.0 loads of trim/process pork. Com
pared to Monday’s Close: Fresh loins
2.00-4.00 lower; boston butts steady to
2.00 higher; skinned hams steady; seed
less bellies not tested; lean trimmings
mostly 2.00 lower. Trading slow to mod
erate, with light to moderate demand and
mostly moderate offerings.
Calculations for a 185 lb Pork Carcass
51-52 percent lean 0.80” -0.99” back fat
at last rib 52.76 down 0.57. Loins bone in
fresh 'A inch trim 21 Ib/down-hght
86.00-95.00. Hams bone in trimmed,
17-20 lbs trim spec 1 47.00; 20-23 lbs trim
spec 1 41.00.
CARCASS LAMB: 0 head reported.
Midwest Daily
Livestock Summary
Amarillo, Texas
February 4,2003
Report Supplied By CSUA
The direct slaughter cattle trade in the
Five Major Marketing Areas on Tuesday
was not well established. STF.ERS: LIVE:
over 80% Choice 80.00; 65-80% Choice
80.00. DRESSED: 65-80% Choice 125.00.
HEIFERS: LIVE: 65-80% Choice 80.00.
DRESSED: 65-80% Choice 124.00.
Terminal markets; So.St, Paul slaugh
ter steers sold 1.00 higher; slaughter heif
ers steady to 1.00 higher. Steers: few
Choice 2-4 1245-1486 lbs 76.50-79.50, few
1360-1430 lbs 79.75-80.25. Heifers; Choice
2-3 1155-1325 lbs 76.50-79.70, few
1200-1227 lbs 80.00-80.25.
Cattle slaughter under federal inspec
tion on Tuesday was estimated at 123,000
head compared to 129,000 a week ago
and 125,000 a year ago. Week to date
249,000 head compared to 254,000 a week
ago and 245,000 a year ago.
CME Futures Closes for
Live Cattle: February 82.05,
down 65; April 79.20, down7s;
June 71.77, down 45.
Slaughter cows at South St.
Paul sold steady to 1.00 higher.
Premium White 70-75 percent
lean 43.00-46.50, high dressing
46.50- Breakers 70-80
percent lean over 1100 lbs
42.00- high dressing
45.00- Boners 80-85 per
cent lean over 1050 lbs
40.00- high dressing
43.00- 85-90 percent
lean 36.00-40.00, high dressing
40.00-
Barrows and gilts at termi
nal markets sold 1.00 lower.
47-50 percent lean 220-270 lbs
barrows and gilts sold from
33.50- The direct trade
prices are based on 185 lbs hog
carcass with 0.9-1.1 inch back
fat and 6 inch square loin/2.0
inch depth plant delivered.
National direct trade closed
.50 lower, price range
40.00- wtd. avg. price
46.68. lowa-So. Minnesota di
rect trade was .50-.75 lower,
price range 40.00-48.68, wtd.
avg. price 46.59. The Western
Cornbelt was .50 lower, price
range of 40.00-49.86, wtd. avg.
price 46.73. The Eastern Corn
belt trend was .50 lower, prices
ranging 41.00-48.65, wtd. avg.
price 46.60.
Hog slaughter under federal
inspection on Tuesday was es
timated at 377,000 head com
pared to 378,000 a week ago
and 362,000 a year ago. Week
to date 751,000 head com
pared to 757,000 a week ago
and 724,000 a year ago.
CME Futures Closes for
Lean Hogs; February 49.12 ,
down 67; April 53.95, down
110;May 58.40, down 60.
Slaughter lambs were 1.00
higher on Tuesday at 5>6 St
Paul. Shorn, Choice, end
Prime 2-3 115-145 lbs
88.00- Wooled, Choice,
end Prime 2-3 125- 145 lbs
86.00-
Sheep and lamb slaughter
under federal inspection on
Tuesday was estimated at
8,000 head compared to 8,000
a week ago and 11,000 a year
ago. Week to date 19,000 head
compared to 19,000 a week
ago and 22,000 a year ago.
Robert Futton Fire Co
Hay, Straw &
Grain Auction
Every Thursday 10 am
Located on the
corner of RT 272 &
222 at Wakefield, PA
717-548-2492
717-548-2371
Randall Ranck
Auctioneer 003117-L
Consignments Wanted
No Oui ol Slate Clip' k-.,