National Feeder Cattle
Weekly Review
St. Joseph, Mo.
February 7,2003
Report Supplied By USDA
NATIONAL FEEDER &
STOCKER SUMMARY for week
ending Feb. 7 Total Receipts:
457,200, last week 319,700. Direct:
63,600, last week 57,500. Video/
Internet: 66,700, last week 800. Auc
tions: 326,900, last week 261,400.
This weeks reported auction volume
included S 3 percent over 600 lbs and
43 percent heifers.
Compared to last week, feeder
steers and heifers sold mostly steady
through Wednesday, turning mostly
1.00 lower by the end of the week.
Feeder trading started-out active in
an optimistic atmosphere as the pro
ducer-side of the industry anxiously
awaited an 82.00 fat cattle market.
The Wednesday morning trading
session was a welcome sight to cattle
feeders, but packers soon closed the
window and by mid-afternoon the
curtains had been pulled.
The CME Futures failed to see
any support from the higher cash
market and both attitudes and mar
ket signals turned sour late in the
week. The bulk of this pressure came
from chart watchers and long-time
Live Cattle Futures contract holders,
who bailed out of the market before
being forced to take delivery.
Feedlots continue to be reserved in
their yearling buying as many expect
a large influx of heavy cattle to be
coming off wheat pasture in early
March, since many farmers will want
to harvest a crop this year. Stocker
cattle prices were unevenly steady to
2.00 higher than last week.
The southeastern calf market
could not settle on a direction as
GOLD & SILVER WATCH
DOES THE CURRENT STOCK MARKET FIASCO GOT YOU
DOWN’ HAVE YOU THOUGHT LATELY ABOUT ALTERNATIVE
INVESTMENTS? YOU MIGHT HAVE BEEN WAITING FOR THIS
* OPPORTUNITY TO DIVERSIFY YOUR INVESTMENT PORTFOLIO.
W J NOT MANY COMMODITIES OR STOCKS HAVE THE
GLOBAL APPEAL AND VALUE LIKE GOLD AND SILVER.
NATIONS THROUGHOUT THE WORLD USE THESE METALS
AS A STORE OF WEALTH.
• HAS THE KNOWLEDGE AND EXPERTISE TO ASSIST YOU IN
THESE INVESTMENTS IN ADDITION TO GOLD AND SILVER,
LEHIGH VALLEY FUTURES, INC. THROUGH ITS FCM TRADES
ON ALL MAJOR FUTURES EXCHANGES, FUTURES HAVE
BEEN OUR ONLY BUSINESS FOR 30 YEARS.
jh
Mafl 410 Bridge Street
M M Weissport, PA 18235
K m e-mail: greg@lvfutures.com
VMM bryen@lvfutures.com
The risk of loss in trading futures and options can be substantial.
Futures and options trading may not be suitable for everyone. You
should carefully consider the risks in light of your financial
condition in deciding whether to trade
iiiJMijAL WINTER DAIRY NUTRITION CONFEU»-m« *■
trends varied from one auction to an
other on much heavier receipts.
Numbers were also heavier in the
mid-section of the country, but the
availability of thin-fleshed light
weight calves was limited.
Backgrounders are finally down to
windshielding their wheat cattle,
leaving extra time to swing by the
sale bam and get a head start on
their grass or graze-out cattle. Peri
odical winter snows have kept most
of the Southern Plains up to date on
ground moisture, but the Midwest is
very dry and will be in serious trou
ble if spring rains dont bring relief.
Hopefully extreme drought and fires
wont dominate the front pages as we
start to warm-up this year.
National Carlot
Meat Report
Des Moines, IA
February 11,2003
Report Supplied By USDA
USDA Market News USDA Car
lot Meat 4:00 Summary: Compared
to Previous Day, Prices in Dollars
per hundredweight, Equated to FOB
Omaha Basis.
BOXED BEEF CUTS: Boxed beef
uneven on light to moderate de
mand. Select cuts lower on moderate
to heavy offerings. Choice rib and
chuck cuts steady to weak, while
round and loin cuts steady to firm on
light to moderate offerings. Beef
trimmings steady to firm on light to
moderate offerings.
Estimated composite cutout value
of Choice 1-3 600-750 lbs carcasses
up .13 at 129.78, 750-900 lbs up .11
at 129.53; Select 1-3 600-750 lbs dn
.89 at 122.79, 750-900 lbs dn 1.55 at
121.91; based on 99.54 loads of
Choice cuts, 125.49 loads of Select
cuts, 18.41 loads of trimmings, and
62.33 loads of coarse ground trim-
mings.
Estimated carcass price equivalent
value of Choice 1-3 600-7 SO lbs up
.08 at 120.73, 750-900 lbs up .07 at
120.55; Select 1-3 600-750 lbs dn .43
at 113.76, 750-900 lbs dn .84 at
113.20. Current index reflects the
equivalent of 293,505 head of cattle.
NATIONAL 5 DAY-ROLLING
CUTTER COW CUTOUT: Cutter
cow carcass gross cutout value was
estimated at 87.55, up .13.
By-Product Drop Value: Hide and
offal from a typical slaughter steer
was estimated at 7.96, unchanged.
NATIONAL CARLOT PORK:
Sales reported on 60.38 loads of pork
cuts and 13.5 loads of trim/process
pork. Compared to Monday’s close:
Fresh bone-in loins unevenly steady;
butts 2.00-3.00 higher; processing
cuts mostly steady. Trading slow,
with 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 53.36 dn
.42. Loins bone in fresh '/< inch trim
21 lb/ dn-lgt 91.00-98.00. Hams bone
in trimmed, 17-20 lbs trim spec 1
45.00- 20-23 lbs trim spec 1
42.00. Seedless bellies 12-14 lbs
78.00; 14-16 lbs 80.00.
CARLOT LAMB CARCASS:
4,988 head reported. 30-40 lb
170.00- 40-45 lb
170.00- 45-50 lb
166.00- 50-55 lb
166.00- 55-60 lb
166.00- 60-65 lb
166.00- 65-75 lb
166.00- 75-85 lb
166.00- BS-up lb
166.00-
Lancaster
Farming's
Classified
Ads Gat
Results!
Eastern Combelt Direct
Feeder Cattle Weekly
Springfield, HI.
February 7,2003
Report Supplied By USDA
Eastern Cornbelt Direct Feeder Cattle Summary Illi
nois, Indiana, Michigan, and Ohio: Feeder cattle prices
were firm to 3.00 higher in a light market test. Demand was
light and trading activity was slow. Reported sales consisted
of about 66% beef steers, 34% heifers and 0% Holstein
steers. Approximately 87% of the cattle marketed this week
weighed over 600 lbs. Confirmed sales 600 this week, 475
last week and 1700 last year.
FEEDER STEERS; Medium and Large 1-2: 425-625 lbs
87.50-91.00; 700-800 lbs 80-83.00. HolsteinS: no test.
FEEDER HEIFERS; Medium and Large 1-2:625-775 lbs
77-79.75.
Prices are based FOB the farm unless otherwise indicat
ed. Delivered prices include freight, commissions, and other
expenses.
Young Turkey Parts
And Bulk Meat
Des Moines lowa
February 11,2003
Report Supplied By USDA
NATIONAL YOUNG TURKEY
PARTS AND BULK MEAT, Fro
zen, unless specified, cents per lb, de
livered first receivers, part and full
trucklots, as of Feb. 11. The trade
sentiment was mostly steady on tom
breast meat. However, some spot
srength was noted on fresh and fro
zen tom breast meat from new pro
duction for prompt shipments with a
fair amount of freight included in the
price. Offerings adequate to ample.
The trade sentiment on bulk parts
was mostly steady. Some spot
strength was noted on tom necks for
domestic shipments and on tom
2-joint wings for export. As bulk
parts inventories move into a better
balanced position, some sellers have
started increasing their offering
prices to reflect the increased confi
dence in the market. The undertone
on frozen mechanically separated
turkey (MST) from new production
was steady to fully steady for prompt
and deferred export shipments. Do
mestic trading light. Tom drum
mettes traded at 17, fresh wing meat
45, and plant grade non-basted 14-16
lb. breasts 95 cents delivered. Ex
ports continued active on parts,
thigh meat and MST. Young hen
necks traded at 9.50-11 and young
hen drums 14.50-15.50 cents deliv
ered port.
DOMESTIC TRADING: Breasts,
4-8 lbs: Grade A - avg. 93.00, Fresh -
avg. 145.00; Plant Grade - avg. 88.00.
DRUMSTICKS: TOM - avg. 17.05;
HEN - avg. 17.00. WINGS, FULL
CUT: TOM - avg. 16.25; HEN - avg.
17.00. WING, V-TYPE: TOM - avg.
23.00; HEN - avg. 54.00. NECKS:
TOM - avg. 12.85; HEN - avg. 13.00.
BREASTS, B/S, TOM avg. 115.00.
THIGH MEAT - avg. 52.00.
BREAST TRIM MEAT - none.
SCAPULA MEAT - avg. 62.00.
TENDERLOINS - avg. 99.00. DE
STRAPPED TENDERS - none;
Fresh - avg. 115.00. WING MEAT
WITH SKIN - none. MECHANI
CALLY SEPARATED - avg. 15.00;
Fresh - avg. 16.20.
EXPORT TRADING: DRUM
STICKS: TOMS - avg. 17.50.
WINGS, FULL-CUT: TOM - avg.
15.19. WINGS V-TYPE: - TOMS -
avg. 20.00. TAILS avg. 19.50. ME
CHANICALLY SEPARATED - avg.
16.70. THIGH MEAT - avg. 46.97.
Lancaster Farming, Saturday, February 15, 2003
Pasture Perfect* Dealer of the Week:
Bob Boyce
This week Ampac Seed Company and
Rohrer Seeds recognize Bob Boyce,
founder and owner of Lil’ Ponderosa
Enterprises of Carlisle, PA. Bob’s goal is
to help farmers find the same success he
has enjoyed using
Managed Intensive
Grazing (MIG) He
raises purebred An
gus cows and thour
oughbred horses on
his family farm in PA.
"Wow, what a com
bination!” Bob ex
claimed in a recent
conversation. “The
introduction of Pasture Perfect® mixes
and the new Aitchison Seedmatic No
Till Drill have proven to be an unbeatable
combination They have enabled us to
rapidly establish high quality pastures
with one pass across the field - planting
all types of seeds from a single seed box!
Bob takes great pride in sharing ways to
reduce costs and increase efficiency. He
uses the drill in both spring and fall to
stitch in new grass and legumes along
with annuals like rye, oats, or wheat. The
benefits include increased and improved
forage and better performance.
Bob has built an MIG demo site using
Pasture Perfect® mixes and invites folks
to visit and see for themselves how this
combination is working. Contact Bob at
Lil’ Ponderosa Ent.
44 Ponderosa Road
Carlisle, PA 17013
717-245-2820
email; bobboyce@pa.net
Pasture Perfect*
Horse Pasture Mix
34% Tekapo Orchardgrass
20% Tonga Perennial Ryegrass
20% Duo Festulolium
10% Tuukka Timothy
10% Wintercrown Alfalfa
6% Kentucky Bluegrass
mute
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'
Bob Boyce
,ti« fyfjfnxjj -.'/UiSistT'
TuuHha
or call