Al6-Lancaster Farming, Saturday, May 3, 2003
GRAIN, CATTLE, HOG.
& MILK BFP
FUTURES MARKETS
Markets Courtesy of Chicago Board and Mercantile Exchange
Closing Bids: Thursday, May 1, 2003
Com
04/03/03
04/04/03
04/04/03
04/04/03
04/04/03
04/04/03
*CASH*
MAY 03
JUL 03
SEP 03
DEC 03
MAR 04
04/04/03
04/04/03
04/04/03
04/04/03
04/04/03
MAY
JUL
SEP
DEC
DEC
Total
04/03/03
Soybeans
04/30/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
*CASH*
MAY 03
JUL 03
AUG 03
SEP 03
NOV 03
JAN 04
MAR 04
MAY 04
JUL 04
NOV 04
Total
04/30/03
Soybean Meal
04/30/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
*CASH*
MAY 03
JUL 03
AUG 03
SEP 03
OCT 03
DEC 03
JAN 04
MAR 04
MAY 04
JUL 04
AUG 04
SEP 04
OCT 04
DEC 04
Total
04/30/03
April 25,2003
COLLECTING MILK IN
A MOLDOVAN VILLAGE
I just returned from spending a
week in the Moldovan village of
Cuconestii. This small village is
in Northwest Moldova just across
the border from Romania. I
worked with a new dairy cooper
ative to assist them with a finan
cial analysis of their business.
Everything is different in this
High
2516
2394
2404
2400
2402
2454
Open
2382
2386
2384
2394
2450
2484
2504
2420
2410
2380
2474
2496
2420
2396
2380
Volume Open_lnt
62063 419289
High
6185
6314
6370
6300
5924
5554
5570
5600
5554
5570
5274
Open
6240
6280
6200
5830
5454
5480
5550
5554
5570
5230
Volume Qpen_lnt
102940 242465
Open High
19500
1977
1970
1920
1823
1678
1662
1663
1679
1685
1690
1680
1690
1595
1605
1949
1936
1883
•1790
1655
1633
1652
1655
1681
1690
1680
1690
1595
1600
Volume Open_lnt
46375 174095
former USSR country. With the
collapse of the Soviet Union, the
entire infrastructure in the village
collapsed. This was a very pros
perous place. You could see it in
the houses in the village. They
had large collective farms that
produced dairy products as well
as fruits and vegetables. They
even had a mill for processing
flour.
My host showed me a house
Last
2516
2390
2396
2390
2396
2450
Low
2516
2376
2384
2382
2392
2446
2482
2502
2420
2410
2380
2474
2494
2420
2394
2380
Last
6185
6256
6314
6270
5874
5530
5544
5574
5554
5570
5256
Low
6185
6230
6270
6190
5820
5450
5474
5550
5554
5570
5230
Last
19500
1957
1953
1911
1810
1669
1650
1650
1665
1680
1685
1680
1690
1595
1605
Low
19500
1945
1933
1883
1785
1645
1627
1645
1646
1670
1685
1680
1690
1595
1600
that was built for the workers on
the dairy farm. It had a cafeteria,
televisions, showers, etc. This was
luxury for the village. Now the
building and the collective farm
lay in ruins. All the jobs are gone.
The dairy cooperative was
Lean Hogs
Date
04/30/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
Chge
-14
+ 2
+ 4
+ 2
unch
unch
-2
unch
unch
+ 10
+ 4
Composite Volume Open_lnt
04/30/03 10674 36373
Live Cattle
Date
04/30/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
Chge
+ 15
+22
-r42
+ 76
+76
+ 60
+7O
+ 70
+ 64
+ 64
+ 56
Composite Volume Open_lnt
04/30/03 17446 93530
Pork Bellies Previous Previous
Date Open High Low Last Chge Vo U.me Openjnt
0 0
04/30/03 *CASH*
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
Composite Volume Open_lnt
04/30/03 1348 3073
Oats
04/30/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
05/01/03
Total
04/30/03
“After milking just one cow, I was exhausted.”
r* u' u i . Previous Previous
Open H.gh Low Last Chge Vo|ume open
0 0
643 2753
5784 17739
2271 5903
1248 5224
526 2731
164 1417
22 395
16 192
0 19
0 520752075207
5820 582057505787
6305 633062206287
6400 650563456417
6277 630762456275
5390 540753725385
5220 526052205247
5615 562056105615
5927 593059005930
6480648064756480
*CASH*
May 03
Jun 03
Jul 03
Aug 03
Oct 03
Dec 03
Feb 04
Apr 04
Jun 04
~ t,. . , i Previous Previous
OpenH.gh Low LaslChge Volume open _ lnt
0 0
364 2386
9520 45309
10 135
5133 22014
1258 13084
856 7112
268 2991
37 498
0 0
0 780078007800
7485 752074607520
7185721571657207
6870691068506910
6800 684067876837
6990 705069757047
7195 727571907270
7367 746573507457
7430 750574307505
7297 729772977297
"CASH*
May 03
Jun 03
Jul 03
Aug 03
Oct 03
Dec 03
Feb 04
Apr 04
Jun 04
0 850085008500
May 03 8800 908788009005
Jul 03 8810 907588109027
Aug 03 8640 888586408825
Feb 04 7840 784078407840
Mar 04 7750 775077507750
Open
*CASH*
MAY 03
JUL 03
SEP 03
DEC 03
MAR 04
MAY 04
1586
1490
1400
1430
1480
1520
Volume Qpen_lnt
1642 5747
formed after the breakup of the
collective farm system. That re
sulted in a short period of time
when the cheese plants could not
find milk at all. Now, just over
1,000 villagers with 2-3 cows sup
ply the milk to the cooperative.
-162
unch
+2lB
+252
+240
+9O
unch
High
1706
1680
1510
1414
1430
1480
1520
Low
1706
1586
1490
1400
1420
1480
1520
Average Farm Feed
Costs for Handy
Reference
To help fanners across the state to have
handy reference of commodity input costs
in their feeding operations for DHIA re
cord sheets or to develop livestock feed
cost data, here’s last week’s average costs
of various ingredients as compiled from
regional reports across the state of Penn
sylvania.
Remember, these are averages, so you
will need to adjust your figures up or
down according to your location and the
quality of your crop.
Com, No.2y 2.96 bu., 5.30 cwt.
Wheat, N 0.2 3.10 bu., 5.17 cwt.
Barley, N 0.3 2.2 bu., 4.71 cwt.
Oats, N 0.2 2.15 bu., 6.70 cwt.
Soybeans, No.l 5.88 bu., 9.82 cwt.
Ear Com 90.28 ton, 4.51 cwt.
Alfalfa Hay 152.50 ton, 7.63 cwt.
Mixed Hay 148.75 ton, 7.44 cwt.
Timothy Hay 152.50 ton, 7.63 cwt.
This milk is used solely to pro
duce cheese.
There are several collection
stations throughout the village.
Twice a day the villagers haul
(Turn to Page A3O)
863
2025
144
40
483
828
36
Chge
-104
+ 114
+ 20
+ 14
Last
1706
1676
1492
1414
1422
1480
1520
+4
+4
unch