East Fluid Milk
And Cream Review
Madison, Wis.
April 23,2003
Report Supplied by USDA
Spot prices of class II cream, dollars
per lb. butterfat: F. 0.8. producing plants:
Northeast: 1.3484-1.4690. Delivered
Equivalent: Atlanta- 1.3594-1.4252 mostly
1.3594-1.4252.
PRICES OF CONDENSED SKIM,
dollars per lb. wet solids, F. 0.8. produc
ing plants: Northeast: Class 11, includes
monthly formula prices: .8500-.9800;
Class 111 - spot prices - .7400-.8000.
SPOT SHIPMENTS OF GRADE A
MILK: FLORIDA: This Week: In 0, Out
186; Last Week: In 0, Out 192; Last Year:
In 0, Out 146. SOUTHEAST STATES:
This week: In 0, Out 0; last week: In 0,
Out 0; last year: In 0, Out 0.
EDITOR’S NOTE: Due to recent
changes in milk supply agreements, milk
import/export totals are not directly com
parable to year ago figures and to ship
ments prior to April 1,2003.
During March, milk production in the
20 major states totaled 13.00 billion
pounds, up 1.5% from March 2002. The
following are the March-to-March
changes for selected states: Texas 3 .8%,
New York unchanged, Pennsylvania
-1.2%, Florida -1.8%, Vermont -2.1%, Vir
ginia -6.9%, and Kentucky -9.8%.
Milk production has reached its peak in
the Deep South, while approaching the
peak in the Middle Atlantic area. Farther
north, milk output is increasing slowly.
However, colder weather in New York
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and New England did retard some of the
gains seen during the past few weeks.
Milk volumes are burdensome and manu
facturing plants are stepping up produc
tion schedules to accommodate all the
surplus milk. Bottled milk sales are slow
to fair. Some states’ schools are on vaca
tion this week. Also, a few cheese plants
are reducing their output or down this
week. This is pushing more surplus milk
into other plants, which in turn, is cre
ating more condensed skim and fluid
cream to be moved.
Contacts state that condensed skim
supplies are plentiful and hard to clear.
More producers are increasing drying
time to clear all their solids. Demand for
condensed skim is lackluster at best.
The fluid cream market is mixed. Sup
pliers and traders report good movement
over the weekend when users were pre
paring to start back up on Monday or
Tuesday. However, supplies have in
creased and demand slowed significantly
by mid-week. More reports indicate that
late-week loads are looking for a home.
Some suppliers did offer lower multiples
over the weekend to avoid clearing to
churns and many Class II users took ad
vantage of these lower prices and bought
in early. Ice cream and ice cream mix
production is slow to improve as weather
conditions have not been conducive to ice
cream sales. Cream cheese output is
steady to slightly heavier. Churning activ
ity is heavy. Not only are local plants
being burdened with cream offers, many
loads of Eastern cream continue to move
to Midwestern butter plants.
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Dairy Products
Prices Highlights
Washington, D. C.
April 18,2003
Report Supplied By NASS/USUA
DAIRY PRODUCTS PRICES HIGH
LIGHTS:
CHEDDAR CHEESE prices received
for US 40 pound Blocks averaged $l.OB
per pound for the week ending April 12.
The price per pound increased 0.8 cents
from the previous week. The price for US
500 pound Barrels adjusted to 38 percent
moisture averaged $1.07 per pound, up
2.3 cents from the previous week.
BUTTER prices received for 25 kilo
gram and 68 pound boxes meeting USDA
Grade AA standards averaged $1.07 per
pound for the week ending April 12. The
U.S. price per pound increased 0.1 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 80.2 cents per pound
for the week ending April 12. The U.S.
price per pound decreased 0.2 cents from
the previous week. •
DRY WHEY prices received for bag,
tote and tanker sales meeting USDA
Extra Grade standards averaged 16.0
cents per pound for the week ending
April 12. The U.S. price per pound in
creased 0.2 cents from the previous week.
with WHITE
Daily National
Grain Market
Summary
St. Joseph, MO
April 23,2003
Report Supplied By USDA
Wheat bids extended Tuesday’s gains,
despite improved crop ratings. Tight soft
red winter wheat stocks continued to
push bids upwards along with noted short
coverings. Corn bids were narrowly mixed
with pressure stemming from continued
favorable planting weather and good pro
gress. Taiwan’s overnight export order
was small but better than nothing. Soy
bean bids fell sharply lower for the third
consecutive day as traders made addition
al corrections and soybean meal slid
lower. Good planting weather for corn of
fered light support to bean bids due to the
possibility of less bean acres this year.
Wheat steady to 6 cents higher. Com
mixed. Sorghum steady. Soybeans 5 to 10
cents lower.
EXPORT SALES: PURCHASER
COMMODITY TONNAGE DELIVERY
DATE CCC Ethiopia Ordinary Hard Red
Winter Wheat 99,890 May 5-Jun 5 Tai
wan Com 56,000 Jun
THESE MAY NOT BE THE ONLY
EXPORT SALES THAT HAVE TRAN
SPIRED, BUT THEY ARE THE ONLY
SALES THAT COULD BE CONFIRM
ED
TRUCK BIDS: 04/23/03 04/22/03
04/24/02 Wheat: Kansas City (HRW
ORD) 3.50 up 4 2.80 Minneapolis (DNS)
3.82 '/* unch 3.29 % Portland (SWW)
3.47-3.48 up 4-1 3.32 St. Louis (SRW)
3.36 up 6 2.81 Com, US No 2 Yellow:
» *
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Lancaster Farming, Saturday, April 26, 2003-A25
See Your
AGCO White
Dealer Listed
Below.
Delaware
Georgetown
Baxter Farms
Maryland
Dayton
J.D. Mullinix
Pennsylvania
Airville
Farmers Equipment &
Supply, Inc.
Bechtelsville
Miller Equipment
Bethel
Zimmerman’s Farm Service
Glen Rock
Wertz Farm & Power Equip.
Greencastle
Meyers Implements
Klingerstown
Stanley’s Farm Service
Lebanon
Umberger’s of Fontana
Oakland Mills
Peoples Sales & Service
dwv. . s' . > “
Kansas City 2.44-2.47 up 2 1.92-1.94 Min
neapolis 2.30 S A unch 1.88 Vi So. lowa 2.42
up 1 '/i-unch 1.98 Omaha 2.31-2.33 dn
1-unch 1.84-1.85 soybeans, US No 1 Yel
low: Kansas City 6.03-6.08 dn 7 4.75-4.78
Minneapolis 5.91 dn 10 4.71 '/; So. lowa
5.98-5.99 /i dn 6-5 '/> 4.80 '/nt.Sl Cent. II
Processor 6.00-6.13 dn 9 4.79 '/’-4.91 Vi
Minneapolis truck - to arrive 20 days
FUTURES: Kansas City (May) Wheat
3.25 up 4 /i 2.79 /i Minneapolis (May)
Wheat 3.49 Vi up 2 2.87 Vi Chicago (May)
Wheat 2.94 'A up 6 2.63 'h Chicago (May)
Corn 2.38 A unch 1.97 'A Chicago (Jul)
Corn 2.38 'A dn A Chicago (May) Soy
beans 6.03 dn 7 4.79 Vi EXPORT BIDS:
Barge bids out of the Port of New Or
leans, or Rail out of the North Texas
Gulf. Bids per bushel, except sorghum per
cwt.
US 1 HRW Wheat, Ord Protein: Rail
3.82-3.85 up 4 'A 3.29 Vi-3.33 A US 2 Soft
Red Winter Wheat: Barge 3.58 ‘/4-3.60 'A4
up 5 2.99 ‘A US 2 Yellow Com Barge 2.67
Vi-2.68 Vi unch 2.19 '/4-2.19 J /iUS 2 YeUow
Sorghum Rail 4.80-4.89 unch 4.00-4.03
Barge 4.71-4.89 unch 3.89-3.92 US 2 Yel
low Soybeans Barge 6.27 dn 7-8 4.52
Direct Slaughter Cattle
Daily Market Review
St. Joseph, Mo.
April 23,2003
Report Supplied By USDA
National Slaughter Cattle Review as of
2:00 p.m. Wednesday Limited trade ac
tivity in Nebraska on light to moderate
demand. Compared to last week, few
sales on a live basis sold steady to 1.00
lower at mostly 78.00. Not enough dress-
ed sales available for a good
market test. Trade remaining
inactive in the South Plains on
light demand.
NEGOTIATED SALES:
Confirmed: 6,521; week ago:
52,673; year ago: 75,107. Week
to Date: This week: 12,538;
week ago: 59,246; year ago:
85,173.
NEGOTIATED PRICES
PAID for Domestic Slaughter
Steers and Heifers (Informa
tion derived from the 5 area
weighted average report.):
STEERS: LIVE BASIS:
Over 80% 78.00; 65-80%
Choice 78.00; 35-65% Choice
77.00- avg 77.69; under
35% Choice no quote. Total all
grades 77.00-78.00, avg 77.94.
DRESSED BASIS: Over 80%
Choice 125.00-128.00, avg.
127.41; 65-80% Choice
125.00- avg 125.74;
35-65% Choice 123.00-126.00,
avg 123.58; under 35% Choice
no quote. Total all grades
123.00- avg 125 64
HEIFERS. LIVE BASIS:
Over 80% Choice 77.75-78 00,
avg 77 97. 65-80% Choice
78.00, 35-65 % Choice no
quote,, undei 35'. Choice no
quote Total all grades:
77 50-78.00, avg 77.98.
DRESSED BASIS- Over 80%
no quote, 65-80% Choice
124.00- 00, avg. 124.51;
35-65% Choice 125 00-125.50,
avg 1 25 17, under 35% Choice
none. Total all grades
124.00- 50, avg 125.04.
FORMULA PURCHASES:
Prices established so far today
for previously slaughtered cat
tle: Beef Type: Domestic: Head
count priced today - 34,100;
weighted avg weight - 748 lbs;
weighted avg net price -
126.69.
Covers transactions report
ed at 2:00 p.m. today. Com
ments and market conditions
may include information gath
ered from voluntary sources.
All prices, weights and head
counts are only those gathered
through the mandatory report
ing system.
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