Lancaster farming. (Lancaster, Pa., etc.) 1955-current, June 07, 2003, Image 20

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    A2O-Lancaster Farming, Saturday, June 7, 2003
Midwest Dally
Livestock Summary
Amarillo, Texas
June 3,2003
Report Supplied By USD A
Five area direct slaughter cattle:
slaughter steers and heifers on a live basis
early sales steady at 80.00. STEERS:
LIVE BASIS: Over 80% Choice 80.00-
80.40, wtd. avg. price 80.03; 65-80%
Choice 79.50-81.50, wtd. avg. price 80.41;
35-65% Choice 76.00-80.00, wtd. avg.
price 79.36. DRESSED BASIS: Over 80%
Choice 127.00-130.00, wtd. avg. price
129.49; 65-80% Choice: 126.00-130.00,
wtd. avg. price 128.32; 35-65% Choice
126.00- wtd. avg. price 127.82.
HEIFERS: LIVE BASIS: Over 80%
Choice 80.00; 65-80% Choice 79.00-80.00,
wtd. avg. price 79.84; 35-65% Choice
76.00- wtd. avg. price 79.68.
DRESSED BASIS: Over 80% Choice
127.00- wtd. avg. price 127.81;
65-80% Choice 126.00- 128.00, wtd. avg.
price 127.20; 35-65% Choice
125.00- wtd. avg. price 127.75.
At So. St. Paul terminal market,
slaughter steers and heifers sold mostly
steady. So St Paul: Steers; Choice 2-4
1253-1507 lbs 78.25-80.25. Select and
Choice 2-3 1175-1340 lbs 75.75-76.50. Se
lect 1-2, 1075-1360 lbs 72.00-74.00. Heif
ers: Choice 2-3 1285-1312 lbs 79.25-81.00.
At Sioux Falls terminal, market slaugh
ter steers and heifers steady to 1.00 lower.
Steers: Load Choice 2-3 qualifying for
Natural Beef Program 1330 lbs 84.00.
Few Choice 2-3, 1300-1433 lbs
78.70-79.50. High Select and Choice 2-3
1294-1334 lbs 78.00-79.20. Select and
Choice 2-3 1150-1422 76.75-77.70. Heif
ers: Few Choice 2-3 1171-1197 lbs
78.20-79.40. High Select and Choice 2-3
1120-1202 lbs 77.40-78.20.
Estimated daily cattle slaughter under
federal inspection week to date through
Wednesday is 407,000 head compared to
271,000 last week and 401,000 a year ago.
CME Futures Closes for Live Cattle:
June 75.95, down 10; July 72.42, up 57;
August 70.77, up 2.
Slaughter cows at South St. Paul
1.00- lower. Premium White 70-75
percent lean over 1200 lbs 51.00-54.50,
high dressing 54.50-56.50. Breakers 70-80
percent lean over 1100 lbs 49.00-52.00,
high dressing 52.00-52.75. Boners 80-85
percent lean over 1050 lbs 47.00-50.00.
Lean 85-90 percent lean over 850 lbs
43.00-
Barrows and gilts at So. St. Paul, MN
and Sioux Falls SD sold .50-1.00 higher
with 220-270 lb 47-51% lean hogs moving
at 45.00-45.50. The National direct trade
Wisely BUILT
- AGRICULTURAL CONSTRUCTION
Bill Knisely 14 Cedar Ridge Drive Arnold Decker
814-692-4110 Port Matilda, PA 16870 717-369-3607
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 steady with
prices ranging 53.25-64.50, wtd. avg. price
61.36. lowa-So. Minnesota direct trade
closed steady to firm at 53.50-64.50, wtd.
avg. average price 61.91. The Western
Cornbelt closed weak with prices ranging
53.50-64.50, weighted average price 61.53.
The Eastern Cornbelt prices were .50
higher ranging from 53.25-63.51, wtd.
avg. price 61.12.
Hog slaughter under federal inspection
estimated week to date through Wednes
day at 1,093,000 head compared to
735,000 a week ago and 1,129,000 a year
ago.
CME Future Closes for Lean Hogs;
June 65.92, up 72; July 68.32, up 82; Au
gust 68.94, up 77.
Slaughter lambs traded steady at So.
St. Paul, MN. Slaughter Lambs: New
Crop: Spring; 110-130 lbs 106.00-108.00.
Shorn; Old Crop: 120-140 lbs 104.00-
106.00. Wooled: Old Crop: 120-140 lbs
100.00-102.00.
Sheep and lamb slaughter under feder
al inspection estimated week to date
through Wednesday at 36,000 head com
pared to 25,000 a week ago head and
35,000 a year ago.
National Carlot
Meat Report
Des Moines, IA
June 3,2003
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 cut
out values firm on moderate demand and
light to moderate offerings. Select and
Choice rib, chuck, round, and loins cuts
steady to firm. Beef trimmings mostly
weak on light to moderate demand and
moderate offerings.
Estimated composite cutout value of
Choice 1-3,600-750 lbs carcasses up .30 at
149.95, 750-900 lbs up .43 at 150.63; Se
lect 1-3, 600-750 lbs up .25 at 134.36,
750-900 lbs up .25 at 134.24; based on
96.28 loads of Choice cuts, 130.78 loads of
Select cuts, 25.99 loads of trimmings, and
49.08 loads of coarse ground trimmings.
Estimated carcass price equivalent
value of Choice 1-3,600-750 lbs down .86
at 132.94, 750-900 lbs down .78 at 133.37;
Select 1-3, 600-750 lbs down 1.01 at
116.96, 750-900 lbs down .85 at 117.04.
Current index reflects the equivalent of
207,403 head of cattle.
NATIONAL 5 DAY-ROLLING CUT
TER COW CUTOUT: The Cutter cow
carcass gross cutout value was estimated
at 98.37 down .75.
By-Product Drop Value: Hide and offal
from a typical slaughter steer was esti
mated at 7.91, up .04.
NATIONAL CARLOT PORK: Sales
reported on 49.63 loads of pork cuts and
29.0 loads of trim/process pork. Com
pared to Monday’s Close: Fresh loins 5.00
higher; butts 4.00 higher; sknd hams
mostly steady; sdls bellies 2.00 higher;
lean trimmings steady to 1.00 higher.
Trading slow to moderate, with moderate
to good demand and mostly light offer
ings.
Calculations for a 185 lb Pork Carcass
51-52 percent lean 0.80” -0.99” back fat
at last rib 66.66, up 1.05. Loins bone in
fresh ‘A inch trim 21 Ibs/down/light
122.00. Hams bone in trimmed, 17-20 lbs
trim spec 1 45.00-46.00. Seedless bellies
12-14 lbs 105.00; 14-16 lbs 105.00; 16-18
lbs 103.00.
CARLOT LAMB CARCASS: 3,109
head reported. 30-40 lbs 204.00 - 217.00;
40-45 lbs 204.00 - 217.00; 45-50 lbs 202.50
- 217.00; 50-55 lbs 202.50 - 217.00; 55-60
lbs 202.50 - 217.00; 60-65 lbs 202.50 -
217.00; 65-75 lbs 202.50 - 217.00; 75-85 lbs
202.50 - 217.00; 85 Ibs/up 200.72 - 209.00.
Slaughter Cattle
Weekly Review
Oklahoma City, Okla.
May 30,2003
Report Supplied By USDA
NATIONAL SLAUGHTER CAT
TLE SUMMARY - Week Ending May
30: Slaughter cattle 1.00-2.00 higher.
Dressed sales 3.00 higher. Demand very
good this holiday shortened week with
very good clearance in all feeding areas.
Packers struggled for numbers after last
week’s short buy from feedlots. Cattle
still being picked early and so the
choice/select spread remains large. In
dustry as a whole having a difficult time
staying ahead of the extremely good con
sumer demand for beef despite record
prices on the retail level. Feedlots have
stayed ahead of their marketing sched
ules and as long as the demand holds up
the summer fed markets should hold its
own as well. Boxed beef prices Friday
continue to inch higher and opening at
an average of 140.95 up 6.29 from last
Friday. Sales of slaughter cattle on a na
tional basis for negotiated cash trades
were large at 327,600 through IOdW u.m.
Friday. Last week’s full count was mini
mal at 135,642.
STEERS AND HEIFERS: MID-
Where Simple Goodness begins.™
Saluting all dairy farmers during June Dairy Month.
405 Park Drive ♦ Carlisle, PA 17013 ♦ 1-800645-MILK
WEST DIRECT MARKETS: Live
Basis: 35-80 percent Choice, 900-1400 lbs
78.00- wted avg 79.94. Dressed
Basis: 35-80 percent Choice, 550-950 lbs.
126.00- wted avg 127.78. HIGH
PLAINS DIRECT MARKETS: Live
Basis: 35-65 percent Choice, 900-1400 lbs
78.50-81.50, wted avg 80.00.
SLAUGHTER COWS AND BULLS
(Average Yielding): Slaughter cows
1.00- higher. Slaughter bulls
1.00- higher. Packer demand ex
tremely good this holiday shortened
week. USDA’s Cutter cow carcass cut-
Five-Area Weekly Average Direct Slaughter Cattle
St. Joseph, Mo., June 2, 2003 - USDA Market News Service
Sales in Texas/Oklahoma; Kansas; Nebraska;
Colorado; and lowa/Minnesota Feedlots for
Week Ending Sunday, June 1, 2003
Confirmed Sales: 317,167; Week Ago: 135,642; Year Ago: 172,863
LIVE FOB BASis SALES - Beef Breeds:
SLAUGHTER STEERS:
Head
Count
Over 80% Choice 4 594
65-80% Choice 17,614
35-80% Choice 75,235
1-35% Choice 3,665
TOTAL all grades 101,108
SLAUGHTER HEIFERS.
Over 80% Choice
65-80% Choice
35-65% Choice
1-35% Choice
TOTAL all grades
DRE
SLA!
2,018
9,582
60,377
1,089
73,066
ERS'
Over 80% Choice 2,140 682-834
65-80% Choice 14,561 680-905
35-65% Choice 25,565 666-880
1-35% Choice 635 747-805
TOTAL all grades 42,891 666-905
SLAUGHTER HEIFERS
Over 80% Choice 387 677-788
65-80% Choice 7,152 667-820
35-65% Choice 18,010 651-791
1-35% Choice
TOTAL all grades 25,549 651-820
Weekly Weighted Averages:
Live Steer
Dressed Heifer
Dressed Steer
Dressed Heifer
Same Period Li
Live Steer
Live Heifer
Dressed Steer
Dressed Heifer
Same Period 1,:
Live Steer
Live Heifer
Dressed Steer
Dressed Heifer
out value closed Thursday at 99.21 up
4.24 from last Friday.
COWS: Breakers 75-80% lean
1000-1600 lbs: Colorado 43.50-46.50; Ok
lahoma 41.00-44.50; Alabama
42.50- Boners 80-85% lean
900-1500 lbs: Colorado 43.50-46.50; Ok
lahoma 40.00-43.50; Alabama
43.50- Lean 85-90% lean 850-1400
lbs: Colorado 38.50-42.00; Oklahoma
38.00-41.50; Alabama 38.00-41.00.
BULLS: 88-92% lean 1500-2200 lbs:
Colorado 53.00-57.00; Oklahoma
50.50-53.50; Alabama 54.00-59.00.
Price
Weight
Range
1200-1350
1100-1375
1050-1360
1100-1365
1050-1375
Range
77.00-
77.00-
77.00-
78 00-80.50
77.00-
1050-1275 78 50-82.00
1050-1325 78 00-81 00
1025-1350 78.00-81 00
1100-1150 80.00-80 00
1025-1350 78.00-82.00
iIS SALES - Beef Breeds:
126.00-128.00
124.00-
124.00-
128.00-
124.00-130.00
126.00-128 00
125.00-
124.00-
124.00-130.00
Avg. Weight
1,240
1,125
802
726
Head Count
101,188
73,066
42,891
25,549
29,125
28,202
26,118
15,542
1,217
1,116
795
727
1,246 63.71
1,134 63.70
817 102.02
742 101.57
47,428
35,164
39,982
21,064
Avg. Avg.
Weight Price
1,279 80 50
1,262 79.90
1,234 79.96
1,207 79.85
1,240 79.97
79.98
79.98
80 03
80.00
80.02
1,154
1,142
1,122
1,116
1,125
127 78
128 31
127.59
128 00
127.85
812
806
799
772
802
734 1127.30
729 127 77
724 127.39
726 127.50
Avg. Price
79.97
80.02
127.85 '•
127.50
78.35
78.55
/ 124.86 ►
124.89