Middleburg Livestock Auction Middleburg, Pa. Tuesday, July 1,2003 Report Supplied By PDA CATTLE 286..(PDA)...(Supply in cluded 118 steers and heifers, 127 cows, 13 bulls and 28 feeder cattle)..Compared with last week’s sale..steers 3.00 to 3.50 higher, cows 3.50 to 6.25 higher, bulls 6.00 to 7.00 higher. STEERS: few High Choice and Prime 2-3 1235-1395 lbs 81.75-84.25, average 82.75, Choice 1-3 1050-1355 lbs 75.00-81.50, average 79.00, few Select 1-2 67.25-72.25, Standard 1-2 56.25-64.50. HOLSTEIN STEERS: High Choice and Prime 2-3 1150-1440 lbs 71.75-74.75, average 72.85, Choice 2-3 1120-1495 lbs 64.75-71.25, average 68.25, Select 1-2 56.25-64.25, Standard 1-247.50-55.00. HEIFERS: Choice 1-3 1000-1280 lbs 74.25-80.75, average 77.75, Prime 81.75- average 82.50, Select 1-2 67.75- Standard 1-2 50.00-64.50. COWS: Breakers 75-80% lean 45.00- mostly 49.00-55.00, average 52.25, Boners 80-85% lean' 43.00-51.75 mostly 45.00-50.00 average 47.45, Lean 85-90% lean 36.25-50.00 mostly 38.00- average 41.60. Shells 35.00 and down. BULLS: Yield Grade 1 960-2035 lbs 58.75-66.00, one 72.75, average 61.25, few Yield Grade 2 945-1510 lbs 47.25-58.75. FEEDER CATTLE: STEERS: one Large 1 330 lbs 89.00, one Medium 2 565 lbs 68.00, couple Medium and Large 3 635 & 640 lbs 45.00 & 49.00; HEIFERS: one Medium and Large 2 515 lbs 58.00, couple 730 & 830 lbs 50.00 & 56.00, one Medium and Large 3 525 lbs 51.00, one Large 3 275 lbs Holstein 95.00; BULLS: one Medi um and Large 3 230 lbs 60.00,645-715 lbs 40.50-51.50. CALVES 273...VEALERS: Standard and Good 75-95 lbs 30.00-42.00, Utility 65-90 lbs 10.00-27.00. FARM CALVES: Holstein bulls 8.00 to 10.00 lower, Hol stein heifers 25.00 to 50.00 lower...No 1 Holstein bulls 90-120 lbs 120.00-157.00 mostly 130.00-155.00, average 138.40, few 85-90 lbs 95.00-110.00, No 2 80-135 lbs 70.00- weaker calves down to 50.00; few No 1 Holstein heifers 100-105 lbs 385.00-450.00, No 2 60-110 lbs 105.00- Few beef cross bulls and heifers 105-110 lbs 95.00-145.00. HOGS 43...50ws steady. BARROWS AND GILTS: 45-50% lean 210-285 lbs 37.00- lightweights 110-165 lbs 36.00- SOWS: 1-3 425-495 lbs 26.00-30.00, 500-665 lbs 28.00-32.50. BOARS: 305-495 lbs 5.75-7.00. FEEDER PIGS 22...1-3 40-60 lbs 31.00-43.00 per head. SHEEP 9... SLAUGHTER LAMBS: couple Choice 35 & 40 lbs 105.00 & 107.00, couple Good 40 lbs 60.00 & 67.00. SLAUGHTER SHEEP; Yearlings 50.00. GOATS 33...(A11 goats sold by the head with weights estimated). Kids: Selection 2 under 20 lbs 17.00,20-40 lbs 20.00-37.00, 40-60 lbs 52.00-69.00, one 74.00. Nannies: 50-70 lbs 20.00-47.00. Billies: 50-70 lbs 44.00-52.00. Weekly Meat Production Under Federal Inspection WASHINGTON, D.C., June 27- (USDA-NASS) - Total red meat pro duction under federal inspection for the week ending Saturday, June 28, was estimated at 915.1 million lbs, according to the USDA's Agricultural Marketing Service. This was 0.2 percent higher than a week ago and 2.0 percent lower than a year ago. Cumulative meat production for the year to date was 0.3 percent lower compared to the previous year. MEAT PRODUCTION (million pounds) (excludes condemned) CaltfVeal Pork (2) 3.5 354.3 3 5 356 4 Week Ending (1) Beef 28-Jun-03 553.7 21-Jun-03 549 8 0.7% 568 4 Change 29-Jun-02 Change. -2 6% 2 9% -11% 0 0% 2003 YTD 12,945.8 93.6 9,472 8 94 8 2002 YTD 13,024 1 89 7 9,4615 106 6 Change; -0 6% 4 4% 0 1% -111% 1- Previous week estimates may be revised Year ago data are actuals 2- Excludes lard. 3- Totals may not add due to rounding. 2003 totals are subject to revision UVESTOCK SLAUGHTER (head) Cattle Calves/Vealers Hogs Sheep/Lambs 753.000 17,000 1,786,000 53,000 750.000 17,000 1,795,000 54,000 04% 0 0% -0 5% -19% 748.000 19,000 1,843,000 55,000 0 7% -10 5% -3.1% -3 6% 17.360.000 485,000 47,562,000 1,398,000 17.264.000 463,000 47.785,000 1,544,000 0.6% 4 8% -0 5% -9 5% AVERAGE' WEIGHTS (lbs.) Cattle Calves/Vealers Hogs Sheep/Lamb 1217 339 268 135 1214 346 268 137 1244 301 263 130 Week Ending 28-Jun-03 21-Jun-03 Change 29-Jun-02 Change' 2003 YTD 2002 YTD' Change' Week Ending LIVE 28- Estimate 21-Jun-03 Estimate 29- Actual DRESSED 28- Estimate 739 209 21-Jun-03 Estimate 737 212 29- Actual 764 184 PERCENTAGE OF TOTAL SLAUGHTERED BY CLASS CATTLE HOGS Wk Ending Steers Heifers Cows Bulls/Stags Banows/Gilts Sows Boais/Stags !4-Jun-03 52 5% 314% 14 4% 16% 96 2% 35% 03% 15-Jun-02 53 1% 30 8% 14.4% 17% 96 2% 34% 03% WHAT’S AHEAD FOR T ][% CORN, OATS, SOYBEAN AND r WHEAT FUTURES AND OPTIONS Lehigh Valley Futures, Inc. through its clearing FCM, offers access to all major exchanges’ Futures and Options. Serving the Farm Community for more than 30 years. When buying options, your risk is in some cases limited to the premiums paid plus transaction costs... FOR INFORMATION, CONTRACT DETAILS AND FUTURES AND OPTIONS STRATEGIES . PHONE (610)577-0002 or 800-543-8939 LEHIGH VALLEY FUTURES INC. 410 Bridge Street Weissport, PA 18235 e-mail; greg@>vfutures.com 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 Indiana Livestock Auction Homer City, Pa. Thursday, June 26,2003 Report Supplied By PDA CATTLE: 136. COWS: STEADY TO 4.00 HIGHER. BULLS: STEADY TO 3.00 HIGHER. STEERS: CHOICE 1-3 1060/1275 LBS. 75.25, 78.00. SELECT 1-2 70.00, 74.25. STANDARD 1-2 57.50,61.00. HOLSTEIN HEIFERS: SELECT 1-2 53.00, 56.00. STANDARD 1-2 45.50, 52.50. HEIFERS: CHOICE 1-3 1050/1235 LBS. 75.75, 78.50. SELECT 1-2 COUPLE AT 64.75, 67.75. STANDARD 1-2 53.75, 59.25. COWS: BREAKERS 75-80% LEAN 47.50, 55.25. BONERS 80-85% LEAN 42.00, 47.75. LEAN 85-90% LEAN 35.00, 41.75, COUPLE TO 44.00. SHELLS 34.50 AND DOWN. BULLS: YG 1 1215 & 1940 LBS. 53.00 & 58.25. YG 2 1010 & 2115 LBS. 44.00 & 52.75. FEEDER CATTLE: HEIFERS: FEW M & L-2 310/495 LBS. 55.00, 69.00, 570/760 LBS. 59.50, 68.00. BULLS: M-2 325/495 LBS. 59.00, 67.00, 515/720 LBS. 55.00,63.00. CALVES: 98. STANDARD & GOOD 70/120 LBS. 40.00,62.50. UTILITY 65 & 70 LBS. 22.50 & 30.00. FARM CALVES: HOLSTEIN BULLS STEADY TO 5.00 HIGHER. NO. 1 BULLS 90/125 LBS. LamtVMutton Totals (3) 36 915.1 36 9133 -0.6% 358 2 0.0% 3.4 Lancaster Farming, SatuPcfey, Jdly 6, '2QO3-A1 f 120.00, 147.50, ONE AT 157.50. NO. 2 BULLS 80/125 LBS. 75.00, 120.00. NO. 1 HEIFERS 96 LBS. ONE AT 440.00. NO. 2 HEIFERS 70/110 LBS. 160.00, 260.00. BEEF CROSS BULLS AND HEIFERS 80/115 LBS. 85.00,130.00. HOGS: 7. 40-45% LEAN 235/280 LBS. 45.25, 45.75. BOARS: 385/435 LBS. 5.00, 12.00. FEEDER PIGS: 15.3 25/35 LBS. 10.00, 15.00.1-2 45/55 LBS. 21.00,22.00. SHEEP: 22. GOOD & CHOICE 40/70 LBS. 65.00,68.00. SLAUGHTER SHEEP 15.00,29.00. GOATS: 13. KIDS: SELECTION 3 20/40 LBS. 11.00, 19.00. YEARLINGS: SELECTION 1 ONE AT 75.00. NAN NIES 50/70 LBS. 30.00,40.00. OKLAHOMA NATIONAL STOCK YARDS, Weekly Cattle Summary Compared to last week; Feeder cattle, Stockers and calves 1.00-3.00 higher. De mand very good for all classes and grades. Buyers aggressive for numbers with all grades participating in the advance. Pre cipitation has been well timed thus far this season and grass pastures are doing well despite the 5 inch deficit in year-to date rainfall. Receipts this week 8000; last week 11,119; last year 9037. Supply consisted of 76% yearlings and calves over 600 lbs; 17% calves; 7% cows and bulls. Heifers comprised 45% of feeder & calf supply. Prices follow with weighted average weight and price in parenthesis. FEEDER STEERS: Medium and Large 1: CALVES: 200-250 lbs (235 lbs) 121.00-127.50 (124.72); 400-450 lbs (433 lbs) 112.00-117.50 (113.48); 450-500 lbs (477 lbs) 104.00-108.50 (105.75); 500-550 lbs (542 lbs) 96.00- 105.00 (101.66); 550-600 lbs (567 lbs) 92.75-102.00 (98.48); 600-650 lbs (622 lbs) 92.00-99.50 (97.62); 650-700 lbs (671 lbs) 89.00-94.50 (91.97); 700-750 lbs (710 lbs) 87.00-88.50, YEAR LINGS: 500-550 lbs (521 lbs) 99.50-109.00 (106.78); 600-650 lbs (630 lbs) 91.00-98.50 (95.76); 650- 700 lbs (693 lbs) 92.50-98.00 (92.91); 700-750 lbs (722 lbs) 89.25-94.00 (91.57); 750-800 lbs (781 lbs) 85.00-89.75 (87.53); 800-850 lbs (817 lbs) 83.00-88.00' (86.60) 850-900 lbs (876 lbs) 81.50-84.50 (83.37); 900- 950 lbs (918 lbs) 79.75-82.50 (80.61) 950-1000 lbs (959 lbs) 77.00-82.00 (81.18); 1000-1050 lbs (1010 lbs) 76.50-78.00(77.27). 0 2% 933 61 -2.0% 22,607 0 22,681.9 -0 3% FEEDER HEIFERS: Medium and Large 1: CALVES: 250-300 lbs (259 lbs) 106.50-115.00 (110.51); 350-400 lbs (379 lbs) 102.50-110.00 (108.57); 400-450 lbs (434 lbs) 94.50-95.50 (95.11); 450-500 lbs (469 lbs) 93.00- 98.50 (95.87); 500-550 lbs (513 lbs) 89.00-98.00 (94.64); 550-600 lbs (575 lbs) 87.75-96.00 (91.41); 600-650 lbs (636 lbs) 83.50-88.25 (85.66). YEAR LINGS; 450-500 lbs (457 lbs) 100.00-102.00 (100.97); 500-550 lbs (530 lbs) 94.00-95.00 (94.53); 550-600 lbs (568 lbs) 92.50-95.00 (93.45); 600-650 lbs (622 lbs) 87.50-92.00 (89.70); 650-700 lbs (681 lbs) 86.00-89.50 (87.30); 700-750 lbs (732 lbs) 83.50-87 50 (85.88); 750-800 lbs (768 lbs) 81.75-86.50 (84 46); 800-850 lbs (823 lbs) 78.00-83.00 (81.54); 850- 900 lbs (886 lbs) 78.00-79.75 (78.36) Oklahoma Feeder Cattle Weekly Oklahoma City, OK July 1,2003 Report Supplied By USDA