A2O-Lancaster Farming, Saturday, May 10, 2003
East Fluid Milk
And Cream Review
Madison, Wis.
May 7,2003
Report Supplied bj USDA
Spot prices of class II cream, dollars
per lb. butterfat: F. 0.8. producing plants'
Northeast. 1 3110-1 4640. Delivered
Equivalent: Atlanta: 1.3329-1.4640 mostly
1.3547-1.4203.
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 HI - spot prices - .7400-.8000.
SPOT SHIPMENTS OF GRADE A
MILK: FLORIDA: This Week: In 0, Out
159; Last Week: In 0, Out 186; Last Year:
In 0, Out 138. 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.
The following are the April 2003 Class
and component prices under the Federal
Milk Order pricing system: Class II
$10.44 (down $O.lO from March), Class
HI $9.41 (up $0.30); and Class IV $9.73
(down $0.06). The following are the prod
uct price averages used in computing
Class prices: butter $1.0736, NDM
$0.8030, cheese $1.0997, and dry whey
$0.1582. The Class 11 butterfat price is
$1.1573 and the Class Hl/IV butterfat
price is $1.1503.
Milk production is mostly steady in the
southern parts of the East, but slowly in
creasing toward the peak in the north.
Florida and the Gulf Coast states may
have reached their peak and hot weather
is starting to take its toll on the cows and
the milk flow. New England and New
York contacts are still reporting small in
creases, but they expect warmer weather
and pasturc/alfalfa growth will cause milk
output to show additional gains. Storms
in the Mid-South dumped heavy rain and
caused power outages in many areas.
Some farm pick-ups were delayed by
flooding conditions and some plants were
without power for several days. This
caused many logistic problems for milk
handlers and truckers. It is not yet know
if any farm milk was lost and contacts re
ported that milk quality has not yet been
affected. Bottled milk sales are reported
as slow to fair, steady at best. Some col
leges are winding up classes for the year
and many southern schools will finish up
later this month.
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Surplus milk supplies are excessive and
most operations are at or near capacity.
However, there is processing capacity
available in the East, should it be needed.
Some processors reports that more milk is
being offered at “below Class" prices,
which is common at this time of year.
The condensed skim market is little
changed, hut offerings are increasing and
demand is steady. More instances of
lower prices for Class HI wet solids have
been noted, but most are within the range.
The fluid cream market is weak and
prices are often lower. The CME average
butter price did move almost a penny
lower and multiples are still quite low.
Supplies are excessive and many loads arc
still clearing to local and Midwest butter
makers. More reports indicate that the ice
cream trade has not yet taken off like
most anticipated. It may be the weather
or the economy, but cream suppliers say
that orders from ice cream makeis are not
as heavy as they were a year ago. Bottled
cream production is mostly steady, but as
the strawberry season progresses, bottled
cream sales usually pick up. Churning ac
tivity is steady at heavy levels.
Dairy Products
Prices Highlights
Washington, D. C.
May 2,2003
Report Supplied By NASS/USDA
DAIRY PRODUCTS PRICES HIGH
LIGHTS:
CHEDDAR Cheese prices received for
US 40 pound Blocks averaged $l.lO per
pound for the week ending April 26. The
price per pound increased 0.3 cents from
the previous week. The price for US 500
pound Barrels adjusted to 38 percent
moisture averaged $l.lO per pound, up
0.8 cents from the previous week.
BUTTER prices received for 25 kilo
gram and 68 pound boxes meeting USD A
Grade A A standards averaged $1.07 per
pound for the week ending April 26. The
U.S. price per pound increased 0.3 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 26. The U.S.
price per pound decreased 0.1 cents from
the previous week.
DRY WHEY prices received for bag,
tote and tanker sales meeting USDA
Extra Grade standards averaged 15.7
cents per pound for the week ending
April 26 The U.S. price per pound de
creased 0.1 cents from the previous week.
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National Carlot
Meat Report
Des Moines, IA
May 6,2003
Report Supplied By USDA
USDA Carlot Meat 4:00 Summary:
Compared to Previous Day, Prices in Dol
lars per hundredweight. Equated to FOB
Omaha Basis.
BOXED BEEF CUTS: Boxed beef
steady to firm on moderate demand. Of
ferings light on Choice product and mod
erate on Select product. Select and Choice
chuck and round cuts generally steady.
Select rib and loin cuts generally steady,
while Choice rib and loin cuts firm. Beef
trimmings generally steady on moderate
demand and offerings.
Estimated composite cutout value of
Choice 1-3,600-750 lbs carcasses up .66 at
134.03, 750-900 lbs up .54 at 134.30; Se
lect 1-3, 600-750 lbs up .18 at 116.55,
750-900 lbs down .11 at 116.47; based on
76.26 loads of Choice cuts, 138.63 loads of
Select cuts, 54.49 loads of trimmings, and
54.43 loads of coarse ground trimmings.
Estimated carcass price equivalent
value of Choice 1-3, 600-750 lbs up .37 at
124.26, 750-900 lbs up .30 at 124.43; Se
lect 1-3, 600-750 lbs up .13 at 108.03,
750-900 lbs down .04 at 107.98. Current
index reflects the equivalent of 336,072
head of cattle.
NATIONAL 5 DAY-ROLLING CUT
TFR COW CUTOUT: The Cutter cow
carcass gross cutout value was estimated
at 84.66, up .02.
By-Product Drop Value: Hide and offal
from a typical slaughter steer was esti
mated at 7.80, down .03.
NATIONAL CARLOT PORK: Sales
reported on 56 75 loads of pork cuts and
15.0 loads ot trim/proceSs pork. Com
pared to Monday’s close: Fresh retail cuts
2.00-3.00 lower; sknd. hams 23-27 lbs.
steady; sdls. bellies generally 2.00 higher;
lean trimmings not tested. Trading slow
to moderate with tight to moderate de
mand and mostly light offerings.
Calculations for a 185 lb Pork Carcass
51-52 percent lean 0.80” -0.99” back fat at
last rib 59.27 up .02. Loins bone in fresh
'A inch trim 21 Ib/down/iight 100-103.00,
Seedless bellies 12-14 lbs 93.00; 14-16 lbs
95.00; 16-18 lbs 94.00.
CARLOT LAMB CARCASS: 4,825 60-65 lbs 183.00-202.00; 65-75 lbs
183.00-202.00; 55-60 lbs 183.00-202.00; 85/up lbs 183.00-193.00.
Five-Area Weekly Average Direct Slaughter Cattle
St. Joseph, Mo., May 5, 2003 - USDA Market News Service
Sales in Texas/Oklahoma; Kansas; Nebraska;
Colorado; and lowa/Minnesota Feedlots for
Week Ending Sunday, May 4, 2003
Confirmed Sales: 224,353; Week Ago: 213,302; Year Ago. 196,418
LIVE FOB BASIS SALES - Beef Breeds:
SLAUGHTER STEERS
Head
Count
Over 80% Choice 7.204
65-80% Choice 8.100
35-80% Choice 50.501
1-35% Choice 5,133
TOTAL all grades 70,958
SLAUGHTER HEIFERS:
Over 80% Choice
65-80% Choice
35-65% Choice
1-35% Choice
TOTAL all grades
DRESSED DELIVI
5,091
42,567
1,985
50 4 687
:r steer:
-AUG]
Over 80% Choice 662 766-864
65-80% Choice 7,432 714-873
35-65% Choice 21,667 692-890
1-35% Choice 250 740-819
TOTAL aU grades 30,011 692-890
SLAUGHTER HEIFERS-
Over 80% Choice 189 677-788
65-80% Choice 4,169 646-814
35-65% Choice 11,333 654-854
1-35% Choice 194 736
TOTAL all grades 15,885 646-854
id Average!
;lv Wi
Live Steel
Dresed Heiter
Dressed Steer
Diessed Heifer
Same Period Last Wei
Live Steer
Live Heifer
Dressed Steer
Dressed Heifer
Same Period Last Year;
Live Steer
Live Heifer
Dressed Steel
Dressed Heifer
Weight
Range
1175-1375
1100-1350
1030-1385
1100-1260
1030-1385
1,044
1050-1300
1050-1250
1000-1375
1025-1175
1000-137.5,
lIS SALES
124.00-
123.00- 00
122.00-
124.00-
122.00-
124.00-
123.00-
122.00-
124.50
122.00-
Avg. Weight
1.228
1,117
793
722
Head Count
70,958
50,687
30,011
15.885
59,422
48,001
37,922
26,137
62,609
42,991
31,065
23,225
Avg. Avg.
Weight Price
1,315 78.66
1,242 78 24
1,216 78.08
1,201 78.11
1,228 76.16
Price
Range
77 50-79 50
77 00-79 50
75.00-
77 50-78.50
75.00-
1,137 78.84
1.144 78.19
1,115 78.06
1,087 77.89
1,117 78.08
78.00- 00
77 00-79 50
76.50-79.00
77.00- 00
.76,50-79.50
ef Breeds:
813 126.14
796 125.47
791 124.61
787 125.22
793 124.86
745 124.81
733 125.17
718 124.81
736 124.50
722 124.90
Avg. Price
78 16
78 08
124 86
124 90
1,219
1,101
788
719
77.83
77.91
124.51
124.29
65 02
65 04
104.43
103.91
1,236
1,126
814
737