Eastern Com Belt Direct Hogs Des Moines, lowa July 15,2003 Report Supplied By USDA EASTERN CORN BELT DIRECT DAILY HOGS, for Tuesday, July 15, as of 1:30 p.m. National Direct Feeder Pig Report Week Ending July 11, 2003 USDA Market News, Des Moines, lowa Weekly Summary of prices on a farm to farm per head basis. FOB is the price picked up at the seller's farm. DELIVERED is the price unloaded at the buyer's farm, including trucking and broker's fees. RECEIPTS: This Week 55,051; Last Week; 98,748 VOLUME BY STATE OR PROVINCE OF ORIGIN: lowa 24.4% Manitoba 17 6% Ontario 11 7% Missouri 7 7% Nebraska 6 07% Indiana 5.0% Arkansas 2.9% Michigan 2.3% Minnesota 1.8% North Carolina 1.4% Colorado 1.1% Kansas 0.7% VOLUME BY STATE OF DESTINATION: lowa 45.7% Nebraska 15.5% Indiana 13.8% Missouri 8.0% Pennsylvania 2.5% Illinois 1.6% Ohio 1.3% Utah 1.1% TREND: Compared to last week: Early weaned pig 1.00 lower. Feeder pigs unevenly steady on light receipts and light demand. Receipt, include 43% for mulated prices. Lot Size Total Head Price Range Wtd Avg Pnce Range Wtd Avg Per Trade Per Category FOB Seller ■ FOB Delvrd Buyer Delvrd EARLY WEANED PIGS 10 POUNDS BASIS: Estimated 40-54% Lean Value 250 head or less 815 17.00-29.02 24.70 i 19.00-30.00 26.12 250-750 10,237 19.00-31.00 25.72 j 21 50-31.83 27.57 750 or more 21,480 14.00-31.50 27.50 j 17.00-32.00 29.02 Total Composite 32,532 14.00-31.50 26.87 i 17.00-32.00 28.49 FEEDER PIGS 40 POUNDS BASIS: Estimated 40-54% Lean Value 250-750 3,598 32.00-40.00 35.56 i 35.00-42.00 38.71 750 or more 3,901 31.00-42.39 36.84 i 33.00-46.39 40.43 Total Composite 7,499 31.00-42.39 36.22 I 33.00-46.39 39.60 FEEDER PIGS 45 POUNDS BASIS: Estimated 40-54% Lean Value 750 or more 5,750 30.00-46.51 41.53 I 32.50-48.61 43 68 FEEDER PIGS 50 POUNDS BASIS; Estimated 40-54% Lean Value 250-750 1,200 51.25 51.25 i 52.74 52.74 750 or more 2,800 41.00-46.00 43.23 i 43.00-48.00 45.68 Total Composite 4,000 41.00-51.25 45.64 ! 43.00-52.74 47.80 FEEDER PIGS 55 POUNDS BASIS: Estimated 40-54% Lean Value 250-750 2,150 35.00-46.10 38.93 : 39.00-50.10 42.81 750 or more 3,120 39.50-42.50 40.80 I 43.50-46.50 44.80 Total Composite 5,270 35.00-46.10 40.04 I 39.00-50.10 43.99 Most lots of 40-60 weight pigs have a sliding value from the negotiated weight basis which is calculated on the actual average weight of the load plus or minus .30-.40 per pound. Some early weaned lots have a slide of .50-1.00 per pound. Early weaned pigs are under 19 days old. Estimated lean value is projected to use slaughter weights with normal confinement feeding condi tions. Vaccination, and health program values arc not included but health sta tus should be disaO&ed. iDAim^BEEFSERVICE^^^H ~ = EE^^&^EEE r Quality Products & Services Working for You 419 Street Elizabethtown, PA 17022 (800) 468-5524 Shippensburg, PA 17257 532-7845 White Oak Mills Dairy Team: Bruce Amy Packard White Oak Mills Inc. Randy Potter ...Serving gHEI Don Snyder Pennsylvania and Larry Wile Northern Maryland y ** •/ * Dairy Producers! jresrT’»*'7j r '• \ '} 1 ' ♦ ' -i * ♦ .:' • \ ■’" COMPLETE . : CONCENTRATES i t MINERAL ' TOP FUTURE LAC, , FEEDS ,Ai. ii MIXES . - DRESSES , TURBO PROTEIN r, -»< , ~ < ': ‘“V •„ ' A OTHER ■< ! ' ' .** k ' s ’ SPECIALTY :■> -• * ft?/ I :/'V>y“- ’> '' ■. PRODUCTS S.. ‘9Pf r .... .... NUTRLCATALYST Mi W ** 50tSS. fJSWSB KG6.). 50LSS, (22 6#KSS,) iSOLBS. (22. W KQB ), I SOLBS (22 68 I^GS). . 50LBS (22 68 KGS) . !■• »<■*« J6»»'Bll#|F<*^fc><'» ll »IMlMirt‘lirlp**Vß'lN»»''< l "''J '■!■'“* V. * CURRENT VOLUME TODAY, AC TUAI • PRODUCER SOLD: Negotiated 15,733; Other Market Formula 6,201; Swine or Pork Market Formula. 35,202; Other Purchase Arrangement: 18,307. PACKER SOLD (All purchase types): 931. NEGOTIATED PURCHASES (includ- Oklahoma 10.4% Texas 4.9% Illinois I 6% Ohio 0 5% Minnesota 9.1 % Michigan 1.4% ing packer sold): BARROWS AND GILTS (Carcass Basis); 8,503 head. Com pared to prior day’s close, .50 lower. Base Market Hog, 185 lb Carcass Basis, Plant Delivered (-0.9-1.1 inch backfat, 6 sq. in. loin/2.0 depth): Base Price Range: $51.00 - 59.85, wtd. avg. $58.04. S-Day Rolling Average Market Hog: 192.01 lb carcass, plant delivered (0.78 inch backfat, 6.57 sq.in. loin/2.19 inch loin depth). FFLI: 50.58%; price range $55.00 - 65.48. Purchase Volume by State of Origin: Alabama 358; Delaware 160; Georgia 930; Illinois 11,678; Indiana 2,352; Kentucky 2,352; Maryland 180; Michigan 6,395; Mississippi 1,826; New York 551; North Carolina 5,478; Ohio 11,729; Pennsylva nia 2,248; South Carolina 669; Tennessee 733; Virginia 12; West Virginia 161; Wis consin 1,886. East Fluid Milk And Cream Review Madison, Wis. July 16,2003 Report Supplied by USD A SPOT PRICES OF CLASS II CREAM, dollars per lb butterfat: F. 0.8. producing plants: Northeast; 1.5867-1.7851. Deliv ered Equivalent; Atlanta: 1.5750-1.8084 mostly 1.6567-1.7617. PRICES OF CONDENSED SKIM, dollars per lb. wet solids, F. 0.8. produc ing plants: Northeast: Class 11, includes monthly formula prices: .BSOO-.9300. Class 111, spot prices: 1.000-1.0500. SPOTS SHIPMENTS OF GRADE A MILK: FLORIDA: This Week: In 0, Out 51; Last Week In 0, Out 60; Last Week In 0, Out 2. SOUTHEAST STATES: This Week: In 0, Out 0; Last Week In 0, Out 0; Last Week In 0, Out 0. EDITOR’S NOTE: Due to changes, in milk supply agreements, milk import/ export totals are not directly comparable to year ago figures and to shipments prior to April 1,2003. Regional Milk Market Administra- _ tors announced the following, June 2003 uniform prices: Northeast $11.66, Mideast $10.63, Southeast $11.98, Florida $13.02, and Western New York (a state order) $11.21 at the base city or county in the orders. (For the Northeast, Mideast, and I Western New York orders, statistical un iform prices are reported.) Milk production continues to show de clines in most sections of the region. The most noticeable changes are occurring in the Southeast where temperatures and humidity have been high. The weather in the Northeast is more seasonable and pro duction isn't moving too much. However, contacts report that milk is very tight in this part of the East. Fat and protein tests remain relatively low. Bottled milk sales are mixed. Sales in much of the Southeast are holding up surprisingly well. How ever, bottled milk orders in the Northeast range from sluggish to fair depending on locale. Surplus milk supplies are tighter. Most plant contacts report little manufac turing in the Southeast and only moder ate schedules further north. The condensed skim market is firm. Class II prices are steady, but producers and buyers are anxiously waiting Friday’s (7/18) announcement of August’s Class II skim milk price (the basis for most Class II condensed skim sales). Prices for Class 111 wet solids jumped sharply this week. The gains reflect the projected Class 111 skim milk prices for July. Demand is about steady, but Class 111 users are look ing at NDM as a less costly alternative. The fluid cream market remains firm. Offerings are tight and Western cream continues to be “imported” to supplement local supplies. Cream is being pulled from Midwestern and Southeastern states with more regularity. Spot prices are often higher as multiples and the CME butter average are higher this week. Demand for cream is holding up surprisingly well, but some spot buyers are resisting the high priced loads. Ice cream and ice cream mix producers are running at near capacity Sixteen new dairy farms have been chosen as Dairies of Distinction in Pennsylvania this year. Be sure to check out these picturesque and well-managed farmsteads in Lancaster Farming’s Dairy of Distinction issue July 26. Each farm will be shown in full color with a write-up describing the family and dairy operation. r Call For Reservation Please TURN OUR EXPERIENCE INTO YOUR PROFIT! Are you interested in a potential $1 per cwt increase in profit for your milk? $ Find out how this is achievable by addressing $ FEED CONVERSION EFFICIENCY HOSTED BY' KEENAN USA and BINKLEY & HURST BROS. MONDAY JULY 21,2003 11 AM-2PM Come to hear the voices of experience *Tony Hall - Senior TMR Specialist - Keenan USA * Prof. David E. Beever - Center for Dairy Research - United Kingdom * Corwin Holtz - Dir. Of Technical Support at CPG Nutrients - Syracuse, NY HELD AT LITITZ FAMILY CUPBOARD RESTAURANT Just west of route 501, off of Newport Rd. CHANGE YOUR PROFIT POTENTIAL TODAY! Please call Jim or Matt at Binkley & Hurst Bros. 1-800-626-4705 To reserve your lunch Lahcdster Farming, Saturday, duly 19, 2003-A7 levels as demand is in normal “summer mode.” Cream cheese makers are operat ing at near normal levels, but most are showing some signs of price resistance when making spot purchases. Bottled cream orders have eased in some areas and producers have eased back on operat ing schedules. Churning is light to moder ate. Dairy Products Prices Highlights Washington, D. C. July 11,2003 Report Supplied By NASS/USDA DAIRY PRODUCTS PRICES HIGH LIGHTS: CHEDDAR CHEESE prices received for US 40 pound Blocks averaged $1.20 per pound for the week ending July 5. The price per pound increased 3.3 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $1.20 per pound, up 6.8 cents from the previous week. BUTTER prices received for 25 kilo gram and 68 pound boxes meeting USDA Grade AA standards averaged $1.09 per pound for the week ending July 5. The U.S. price per pound increased 1.0 cent 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 80.6 cents per pound for the week ending July 5. The U.S. price per pound increased 0.1 cents from the previous week. DRY WHEY prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 14.4 cents per pound for the week ending July 5. The U.S. price per pound increased 0.2 cents from the previous week. Dairy of Wt Distinction
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