Al6-Lancaster Farming, Saturday, October 4, 2003
GRAIN, CATTLE, HOG,
& MILK BFP
FUTURES MARKETS
Market! Courtesy of Chicago Board and Mercantile F.xrh.„g.
Closing Bids: Thursday, October 2, 2003
Com
Month [Opening [High [Low j Closing [Settle Net Chg
03Dec 222 222 1/2' 2201 2203/4 F 220 2201/4| Unch
04Mar| 231 231 2281 228 3/4 1 228'2281/21 Unch
04May 235 1/2 235 1/2 233 1/21 234 [233 1/2 233 3/4[ +2
;04Jul 2381/4 239! J237| 237 :2371/4 237 i Unch
!04Sep 2361/2 23 f 2361 236 236! +4
04Dec 2371/2 23812361/21 237 2371/4 | 237]
OSMar ” : 2431/4 n 243 1/4|
|osMay 246 n 2461 +4
IoSJuT __ , _ I 249ni _~~'^249\
OSDec [__ • |2371/2n| _J~_~J237 1/2 [ +4
Month [Opening [High [Low I Closing [Settle [Net Chg
Soybeans
Month [Opening [High |Low j Closing [Settle (Net Chg
03NovJ 701 701 692! 698 | 696 697 +96
|o4Jan [ 705 705 695 7001/2 i 698 6991/41 +92
04Mar| 695 1/2 695 1/2 j6BB 1/21 694 j 692 1 693 j +B6!
io4May[ 6741 674 668 1/21 672 1/2j 671 1/2 | 6721 +B2
;04Jul [ 666 1/2 666 1/2 j 661 j 665 [663 1/2 664 1/4 +76 j
io4Aug [ 650 652 1/2 | 649 648 1/2 bj 649 a ! 649| +74j
;04Sep"f 618 620 1/2 j 6171 617 3/4 | [6173/4[ +B6l
|o4Nov| 586 1/215861/2 j 5811 _] 58lJ~] '_sB3j’ ~ 582 [ ~~+44;
Month [Opening[High [Low I Closing [Settle [Net Chg;
Soybean Meal
Month jOpeningjHigh Low f” Closing Settle Net Chg
03Oct | 205.0 205.0 202.01 202.0 202.5 202.2 +8
[o3Dec~[ 206.5 207.0;203.8 204.5 204.1 204.3 ’ +l7
206.5 206.51
04Jan ;
04Mar[
205.5 [205.5 (.
201.0 201.0
Jo4May|
04Jul
|o4Aug [
199.01199.51195.61
194.0 J 194.0 1 191.5 1
187.01187.0 [183.01 183.0 I
176.0! 176.01171.8 [ 171/7b ,171-8 a 1
172.5 172.5 [169.7| 169.7 [ ! 169.7]
171.9 172.0 |169.7 j 169.5 b ] 169.7 a 169.71 -7j
Opening |Hlgh jLow j Closing Settle (Net Chg |
04Sep
04Oct I
04Dec [
105 Jan |
j Month ['
East Fluid Milk
And Cream Review
Madison, Wis.
October 1,2003
Report Supplied by USDA
SPOT PRICES OF CLASS II CREAM, dol
lars per lb butterfat: F. 0.8. producing plants*
Northeast. 1.6364-1.8973. Delivered Equivalent.
Atlanta: 1.6483-1.8972 mostly 1.7076-1.8380.
PRICES OF CONDENSED SKIM, dollars
per lb. wet solids, F. 0.8. producing plants.
Northeast: Class 11, includes monthly formula
prices: .8700-.9300. Class 111, spot prices:
1.1500-1.3000.
SPOTS SHIPMENTS OF GRADE A MILK:
FLORIDA: This Week: In 201, Out 0; Last
Week; In 204, Out 0; Last Yean In 154, Out 0.
SOUTHEAST STATES: This Week: In 40, Out
0; Last Week: In 40, Out 0; Last Yean 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
Milk production is rebounding nicely in the
Humcane-ravaged areas. Power has been re
stored in most areas, but some scattered house
holds just got back on line this past weekend
There is still no definitive word on how much, if
any, milk was lost because of Isabel. The milk
flow in New England is mostly steady and milk
supplies are still reported as tight. Florida’s
204.0 204.8 [
202.6 [ 203.2 [
197.8 i 197.9 198.0 j
196.0 | 195.6 |
192.0 i
milk production is increasing, but still short of
needs. For the third consecutive week, more
than 200 loads of milk were imported into the
state. Bottled milk sales are settling back into
normal patterns as schools that were closed by
Isabel are back in session. Retail sales of bottled
milk are not as brisk as they have been, but con
tacts expected a slight lull after restocking
storm-impacted stores. Some bottlers did try to
put up more inventory before October Class I
prices went into effect and their late-week milk
orders are a little lighter than normal. Surplus
milk volumes remain light and some plants
have little milk to process at mid-week. Week
end volumes are heavier, but still below typical
levels. Cheese plants are often taking more milk
which pulls volumes away from butter/powder
plants. In the Southeast, manufacturing plants
are a little more active than they have been, but
most have plenty of capacity should it be
needed.
The condensed skim market is firm. Class II
condensed skim sales are quite good, when it is
available. Class 111 condensed skim remains
weak as the price is prohibitive when compared
to NDM prices Few spot sales of wet solids are
being reported since most producers are having
some difficulty meeting the needs of their regu
lar accounts.
The fluid cream market continues firm, but
supplies, though tight, are not as tight as they
have been. Demand is good and prices are
steady to lower since both the weekly average
204.7,
204.6 |
203.11
203.0 j
197.9 f
195.81
192.61
183.0
171.8'
price for cash butter at the CME and multiples
eased lower. Supplies report that buying interest
from cream cheese makers is improving. Also,
butter makers are showing more interest as
some are soliciting cream, which runs counter
to typical patterns for Class IV cream buyers.
Ice cream production is about steady, but re
ports of some plants being down several days
this week for maintenance have been noted.
Churning activity is light
Dairy Products
Prices Highlights
Washington, D. C.
September 26,2003
Report Supplied By NASS/USDA
DAIRY PRODUCTS PRICES HIGH
LIGHTS:
CHEDDAR CHEESE prices received for US
40 pound Blocks averaged $1.58 per pound for
the week ending September 20. The price per
The Nov. 22 issue of Lancaster Farming's
Dairy Plus is scheduled to include the latest
quarterly TPI bull proof summaries for the
major breeds as a regular part of the book.
Also scheduled: sire information from
businesses, our first Dairy Plus Out-standing Farm
feature, and business and dairy cooperative news highlights.
Lean Hogs
Date
10/01/03 *CASH*
10/02/03 Oct 03
10/02/03 Dec 03
10/02/03 Feb 04
10/02/03 Apr 04
10/02/03 May 04
10/02/03 Jun 04
10/02/03 Jul 04
10/02/03 Aug 04
10/02/03 Oct 04
Composite Volume Open_lnt
10/01/03 10420 48506
+6
+lO
Live Cattle
+4'
Date
10/01/03 *CASH* 0 987598759875 +9OO
10/02/03 Oct 03 8850 899288508950 +6O
10/02/03 Nov 03 8910 8955 88708890 -22
10/02/03 Dec 03 8525 8675 85208620 +55
10/02/03 Jan 04 8610 8625 86108620 +95
10/02/03 Feb 04 8270 8385 82708350 +55
10/02/03 Apr 04 7955 804079508022 +62
10/02/03 Jun 04 7390 744573627420 +6O
10/02/03 Aug 04 7320 736072907332 +37
10/02/03 Oct 04 7440 744073007440 +45
Composite Volume Open_lnt
10/01/03 21179 139071
Pork Bellies
Date
10/01/03 *CASH* 0 940094009400 unch
10/02/03 Feb 04 8670 8695 85208652 -48
10/02/03 Mar 04 8660 86608525 8570 -40
10/02/03 May 04 8660 8660 86608660 +5O
10/02/03 Jul 04 8850 885088008850 unch
10/02/03 Aug 04 8700 870087008700+100
Composite Volume Open_lnt
10/01/03 184 1857
Oats
+ 16
+is!
+6
Month
Q3Dec
04Mar
r'
+ 1
+7
!<MMay
Unch
» Pv . »o
-4'
\mr i r i _i_ssr unch
jo4Dec [~ J r ~" “7~~151n[“ *T 151 T Unch
1 taM f < e I ___ _ ______ -n- . L I '
jlV|onllifppreiiihg[High [Low .Closing; [Settle [NetChg
-8
Previous Previous
Open High Low Last Chge Vo|ume Qpenjnt
0 0
2411 10217
5626 26590
1733 6740
453 2698
60 467
105 IH6
16 450
13 159
2 68
0 529852985298
5500 555054655507
5400 551054005470
5695 579556905782
5840 591058305905
6140 621561306215
6440 649564156492
6070 615060606150
5980 601259506012
5240 533052405330
r* „• . . . ,^ u Previous Previous
Open High Low Last Chge Vo|ume o pen_lnt
0 0
6184 24033
208 734
9875 63573
7 2
„ _ ~, Previous Previous
Open High Low Last Chge ~ . , ,
* ” s Volume Open_lnt
0 0
184 1773
0 30
0 25
0 29
0 0
Opening
High
147 3/4 148
1511/2 151 3/4 149 1/2
1541
1541
pound increased 1.1 cents from the previous
week. The price for US 500 pound Barrels ad
justed to 38 percent moisture averaged $1.57
per pound, down 0.7 cents from the previous
week.
BUTTER prices received for 25 kilogram and
68 pound boxes meeting USDA Grade AA stan
dards averaged $1.16 per pound for the week
ending September 20. The U.S. price per pound
increased 4.2 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
81.3 cents per pound for the week ending Sep
tember 20. The U.S. price per pound increased
0.1 cent from the previous week.
DRY WHEY prices received for bag, tote and
tanker sales meeting USDA Extra Grade stan
dards averaged 17.8 cents per pound for the
week ending September 20. The U.S. price per
pound increased 0.6 cents from the previous
week.
s Closing
Low
144 1/2
144 1/2
150
154
154
|154 1/2 bj
-62
-70
.10
2454
1620
570
239
27
Settle
V %
144 3/4
144 3/4
150
154 i +2O
|1541/2|~
Average Farm Feed
Costs for Handy
Reference
To help farmers across the state to have
handy reference of commodity input costs in
their feeding operations for DHIA record
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 Pennsylvania.
Remember, these are averages, so you will
need to adjust yo*r figures up or down accord-
ing to your location and the quality of your
crop.
Com, No.2y 2.71 bu.. 4.85 cwt
Wheat, No 2 3.29 bu., 5 49 cwt
Barley, N 0.3 1.89 bu., 4.04 cwt
Oats, N 0.2 1.8 bu., 5.62 cwt
Soybeans, No.l 5.94 bu., 9.91 cwt.
Ear Com 81.68 ton, 4.08 cwt.
Alfalfa Hay 113 75 ton, 569 cwt
Mixed Hay 110 50 ton, 553 cwt.
Timothy Hay —124.25 ton, 6.21 cwt
25382
16385
7469
1384
109
Net Chg
-20
■lO
+4