A26-Lancaster Farming,-Saturday, November 8, 2003
Slaughter Cattle
Weekly Review
Oklahoma City, Okla.
October 31,2003
Report Supplied By USDA
NATIONAL SLAUGHTER CATTLE SUM
MARY - Week Ending October 31 - Compared
to last week: Slaughter steers and heifers
4 00-6.00 higher in the Midwest; northern mar
kets began the week with 2.00-S.OO lower but
ending the week steady to 2.00 higher. Packer
demand turned good late in the week as packers
had to rely on the cash trade instead of con
tracts for numbers. Cattle futures continue on
what seems to be a continual roller coaster nde.
Boxed beef prices finally showing some stabili
zation after a long nde down. However the holi
days are just around the corner and the usual
ads of turkey and ham will go on display.
Boxed beef values Fnday opened at an average
of 155 80 down 1155 from last Fnday and
down 33.73 from two weeks ago Sales of
slaughter cattle on a national basis for negotiat
ed cash trades were improved from last week
and totaled 204,000 thru 10:00 a.m. Friday
morning. Last week's full count was 141,300
head.
MIDWEST DIRECT MARKETS. Steers and
Heifers: Live Basis- 35-80 percent Choice,
900-1400 lbs 95.50-105.00, wtd avg 100.96.
Dressed Basis: 35-80 percent Choice, SSO-9SO
lbs 153.50-163 00, wtd avg 160.74.
HIGH PLAINS DIRECTS- Steers and Heif
ers; Live Basis: 35-65 percent Choice, 900-1400
lbs 96.00-103.00, wtd avg 100 91
SLAUGHTER COWS AND BULLS (Aver
age Yielding Prices) Slaughter cows and bulls
2 00-5.00 lower. Packer demand light at auction
barns. Packing plants have plenty of cows avail
able at The door as many farmers going thru
the usual fall pattern of culling the older
generation USDA’s Cutter cow carcass cut-out
value closed Thursday at 97.61 down 4 62 from
last Thursday.
COWS: Breakers 75-80% lean 1000-1600 lbs-
Colorado 45.00-48.50; Oklahoma 45.5tM9.00;
Alabama 43.00-46.00. Boners 80-85% lean
1000-1500 lbs; Colorado 44 50-47.00; Oklahoma
44.50-48 00; Alabama 43.00-46.00. Lean 85-90%
lean 950-1400 lbs. Colorado 42.00-45.50; Okla
homa 42.00-44.75; Alabama 38.00-41.00.
BULLS 88-92% lean 1500-2200 lbs: Colorado
S4.SO-S8.00; Oklahoma 53.00-56.50; Alabama
50.00-55.00.
Fall Order Specials
"J.UB COMMITMtN l CUN
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Contact your
FS SEEDS
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for more
information
National Feeder Cattle
Weekly Review
St. Joseph, Mo.
October 31,2003
Report Supplied By USDA
NATIONAL FEEDER & STOCKER CAT
TLE SUMMARY for week ending Oct. 31 -
Total Receipts: 457,000; last week 516,000; last
year 426,000. Direct: 51,400; last week 46,400,
last year 62,300. Video/Intemet: 51,400; last
week 33,100, last year 26,200. Auctions:
405,200; last week 436,500, last year 328,100.
This week's reported auction volume included
only 25 percent over 600 lbs and 44 percent
heifers.
Compared to last week, Stocker cattle prices
were very uneven but the gams outweighed the
losses in most cases. Some areas were sharply
higher, like the Southern Plains and Montana,
but these were the same places that posted the
sharpest losses last week. The Southeastern calf
markets were 1.00-3.00 lower for the most part,
but varied widely as buyers were working with
selective orders that were very particular as to
quality, breed, and flesh condition. The most
consistent markets were for northern cattle
from Nebraska up through the Dakotas and out
west, where the fall calf runs are in full swing.
These fancy high country ranch calves sold firm
to 3.00 higher with good demand from northern
feeders that have cashed-in on the recent fed
cattle market. The availability of true yearling
feeders remains extremely limited, but the few
that made their way through auction rings this
week were fired upon by buyers and sold from
3.00-6.00 higher.
The erratic feeder and Stocker trends were
provoked by a yo-yo futures market that had
the industry scratching its head in bewilder
ment. Since Wednesday the 22nd, the spot Oc
tober Live Cattle CME contracts finished their
term with the following settlements, limit down,
limit up, limit up, 2.55 higher, limit down, 1.47
higher, .12 higher, and OS lower, finally leaving
the Board at 101 75 This string of volatility left
hedged cattle feeders either too scared to sell
their closeouts or unable to get out of their
hedge. Today, it's hard to believe that there was
a time when cattle feeders made decisions with
out having then eyes glued to a screen or their
eats glued to the pickup radio. Of course, there
was also a tune when feeder cattle buyers would
bid before the scoreboard flashed the exact
weight. In most cases, cattle have their entire
future planned before the cow-calf man gets a
check in his hand.
Volatility has taken most of the gamblers
from the penthouse to the poorhouse too many
times to count, but this Fall’s trip to the top
floor suite had fewer guests as most lendeis re
quire risk management that flattens out the
highs and lows. Hopefully, the Board and the
cash markets have found some footing as most
cattle industry members agree that stabilization
anywhere near the current levels would be a vic
tory.
FS SEEDS Dealers
: FS. Inc.
Bedford, PA
Blalrsvllle, PA ...
Bloomsbury, NJ .
Bordentown, NJ .
Brogue, PA
Carlisle, PA
Cochranville, PA .
Curryville, PA ...
Dayton, PA
East Berlin, PA ..
Eighty-Four, PA ..
Gettysburg, PA ~
Johnsonville, PA .
Leesport, PA
Lehigh Valley, PA.
Millardsville, PA
Pleasant Gap, PA
Quarryville, PA ~
Seven Valleys, PA
PACMA
Midwest Daily
Livestock Summary
Amarillo, Texas
November 4,2003
Report Supplied By USDA
In the direct slaughter cattle trade in the Five
Major Marketing Areas on Tuesday, live sales
in Colorado steady, otherwise fed cattle market
not hilly established. STEERS: LIVE BASIS;
35-65% Choice 101.60-104.00, wtd. avg. price
103.74. DRESSED BASIS: Not tested HEIF
ERS: LIVE BASIS: 65-80% Choice 104.00;
35-65% Choice 104.00.
Terminal markets: So. St Paul slaughter
steers and heifers 1.00-2.00 higher. Steers: few
Choice and Prime 2-4 1212-1500 lbs
102.00-103.00. Choice 2-4 1244-1443 lbs 98.00-
101.50. Heifers: High Choice and Prime 2-3
1255-1320 lbs 102.50-104.50. Few Choice 2-3
1135-1255 lbs 97.00-101.50.
Cattle slaughter under federal inspection on
Tuesday was estimated at 128,000 head com
pared to 129,000 a week ago and 128,000 a year
ago. Week to date 202,000 head compared to
241,000 a week ago and 257,000 a year ago.
CME Futures Closes for Live Cattle: Novem
ber 97.17, unchanged; December 92.60, up 25;
January 91.15, unchanged.
Slaughter cows at South St. Paul sold 1.00
higher. Premium White 70-75% lean
54.00-58.50, high dressing 58.50-61.00. Breakers
70-80% lean over 1100 lbs 52.00-55.00, high
dressing 55.00-56.00. Boners 80-85% lean high
dressing over 1050 lbs 50.00-53.00. Lean 85-90%
lean 46.00-50.00.
At South St Paul and Sioux Falls terminal
markets, barrows and gilts sold steady to 100
higher with 47-50 percent lean 220-270 lbs sell
ing from 34.00-36.00. The direct trade 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 barrows
and gilts were 1.50 higher with prices ranging
from 38.25-50.00, wtd. avg. price 47 37. lowa-
Minnesota was 2.00 higher at 40.00-50.00, wtd.
avg. price 48.45. Western Cornbelt sold
1.75-2.00 higher at 40 00-50.00, wtd. avg. price
48.28 and Eastern Cornbelt was .75 higher at
38.25-48.00, wtd. avg. price 45.84.
Hog slaughter under federal inspection on
Tuesday was estimated at 392,000 head com-
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.814-623-9061
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pared to 394,000 a week ago and 389,000 a year
ago. Week to date 782,000 head compared to
788.000 a week ago and 785,000 a year ago.
CME Futures Closes for Lean Hogs: Decem
ber 53.22, up 57; February 58.55, up 20; April
60.00, up 12.
Slaughter lambs were steady on Tuesday at
So St Paul. Wooled: 120-140 lbs 82.00-84.00,
few up to 85.00; 110-120 lbs 80.00-82.00.
Sheep and lamb slaughter under federal in
spection on Tuesday was estimated at 11,000
head compared to 11,000 a week ago and
13.000 a year ago. Week to date 20,000 head
compared to 21,000 a week ago and 26,000 a
year ago.
National Sheep Summary
San Angelo, Texas
November 4,2003
Report Supplied By USDA
At midwest market centers all classes steady.
At New Holland, PA slaughter lambs and
slaughter ewes steady. At San Angelo, TX
slaughter lambs firm; slaughter ewes firm, in
stances 3.00 higher on fleshier ewes; feeder
lambs firm to 3.00 higher. Estimated receipts
for today 6,500.
SLAUGHTER LAMBS: Choice and Prime
2-3 90-150 lbs: San Angelo: shorn and wooled
90-120 lbs 88.00-97.00. Midwest; wooled
110-120 lbs 80.00-82.00; 120-140 lbs 82.00-85.00.
New Holland; 90-100 lbs 102.00-120.00; 100-125
lbs 100.00-110.00; 125-150 lbs 84.00-98.00. Vir
ginia: no test.
Lancaster Farming
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C.J. WONSIDLER BROS.
Finland Rd., Quakertown, PA
215-536-1935 / 215-536-7523
SLAUGHTER EWES; San Angelo; Good
and Choice 2-4 30.00-38.00; Good 2-3
40.00-47.50; Utility and Good 1-3 44.00-51.00;
Utility 1-2 37.00- 44.50; Cull and Utility 1-2
30.00-37.00. Midwest; Utility and Good 1-3
30.00-35.00; Cull 1 22.00-30.00. New Holland:
Utility and Good 1-3 75-100 lbs 50.00-62.00,
100-150 lbs 48.00-58.00; 150-200 lbs 40.00-56.00;
200-250 lbs 38.00-44.00. Billings; no test. Virgin-
ia: no test.
FEEDER LAMBS: Medium and Large 1-2:
San Angelo: 40-60 lbs 128.00-134.00; 60-70 lbs
115.00-120.00; 70-80 lbs 108.00-117.00; 80-90 lbs
107.00-116.00; 90-100 lbs 100.00-104.00. Mid-
west: 60-80 lbs 95.00-105.00; 80-100 lbs
85.00-95.00. Virginia; no test. Billings: no test.
REPLACEMENT EWES: Medium and
Large 1-2; San Angelo: Baby tooth 81.00 per
head; mixed age 100-130 lbs 54.00-58.00 cwt.
Billings: no test.
Report Supplied by Auction
Thursday, November 6,2003
Hay—Straw—Grain
MIXED HAY: 90.00.
STRAW: 150.00.
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RD 1, Box 46, Klingerstown, Pa,
570-648-2088
MARSHALL MACHINERY, INC.
Honesdale, Pa.
570-729-7117
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School Road, Rt. 1, Bethel, Pa.
717-933-4114
Rts. 309 & 100, New Tripoli, PA
610-767-7611 /570-648-2088
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Vintage Hay
Vintage, Pa.