Dairy Products
Prices Highlights
Washington, D. C.
November 14,2003
Report Supplied By NASS/USDA
DAIRY PRODUCTS HIGHLIGHTS:
CHEDDAR CHEESE prices received for
US 40 pound Blocks averaged $1.56 per
pound for the week ending November 8. The
price per pound decreased 1.6 cents from the
previous week. The price for US 500 pound
Barrels adjusted to 38 percent moisture aver
aged $1.53 per pound, down 3.7 cents from
the previous week.
BUTTER prices received for 25 kilogram
and 68 pound boxes meeting USDA Grade
AA standards averaged $l.lB per pound for
the week ending November 8 The U.S. price
per pound decreased 0.4 cents from the previ
ous week
NONFAT DRY MILK prices received for
bag, tote and tanker sales meeting USDA
Extra Grade or USPH Grade A standards av
eraged 81.1 cents per pound for the week
ending November 8. The U.S. price per
pound decreased 0.1 cent from the previous
week.
DRY WHEY prices received for bag, tote
and tanker sales meeting USDA Extra Grade
standards averaged 19.6 cents per pound for
the week ending November 8. The U.S. price
per pound increased 0.1 cent from the previ
ous week.
The annual Penn State Hybrid Reports are part .
and parcel of the Jan. 31 issue of Corn talk in
Lancaster Farming. Also scheduled is a feature from a
Columbia County 5-Acre Corn Club winner, silage
reports, meeting updates, and a calendar of crop growing
and management events.
LIVESTOCK FUTURES MARKET
Chicago Mercantile Exchange
Wednesday, November 19,2003
Live Hogs Frozen
Choice Steers Choice Feeders Lean Value Pork Bellies
Today WkAgo Today Wk Ago Today WkAgo Today WkAgo
NO3 98.200101.200 103.150 101 350
DO3 93.625 95.325 48.700 50.075
JO4 92.500 93.750 94.725 95.325 -
FO4 89.425 90.625 54.875 56.450 85.975 85.625
Mr 04 - 89.225 89.200 85.200 84.925
Apo4 81.425 81.850 87.550 87.325 58.125 59.475
MyM 87,375' 86.425 61.050 61.400 86.525 86.400
Jno4 74.250 74.500 63.875 63.900
JlO4 61.400 61.900 88.050 87,750
Au 04 73.125 72.825 89.150 88,800 58.800 59.700 87.700 87 500
SO4 89.150 88.800
004 75.375 74.750 - 52.375 53.150
DO4 76.250 76.500 52.250 52.900
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(formerly Zimmerman Roofing)
National Direct Feeder Pig Report
Week Ending November 14,2003
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; 108,049; Last Week: 97,026
VOLUME BY STATE OR PROVINCE OF ORIGIN:
lowa 15.5% Ontario 15 0% Oklahoma 14 1% Nebraska 13 5%
Mamtoba 10.3% Minnesota 6.5% Saskatchewan 43% Indiana 37%
Illinois 2.9% Missouri 2 7% Arkansas 2 5% Michigan 2 2%
Colorado 19% Kansas 17% Ohio 17% No. Carolina 11% South Dakota 03%
VOLUME BY STATE OF DESTINATION:
lowa 42.2% Minnesota 15 9% Nebraska 14 6% Illinois 83%
Indiana 7.3% Colorado 3.7% Wisconsin 3 1% Missouri 16%
Pennsylvania 1.3% Michigan 1.0% South Dakota 10%
TREND; Compared to last week: Pigs unevenly steady. Demand mod
erate for moderate offerings. Receipts include 46% formulated prices.
Lot Size Total Head Price Range Wtd Avg i Price Range Wfd 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 877 25.50-32.97 30.62 j 27.00-34.25 32.00
250-750 9,054 22.50-35.00 28.28 j 26.00-38.00 30.21
750 or more 48,473 20.00-35.00 30.10 i 24.00-38.00 31.92
Total Composite 58,404 20.00-35.00 29.82 ; 24,00-38.00 31.66
FEEDER PIGS 40 POUNDS BASIS: Estimated 40-54% Lean Value
250 head or less 200 37.50 37.50 i 38.00 38.00
250-750 5,052 31.00-33.00 31.92 j 34.00-37.00 35.92
750 or more 14,850 30.00-44.00 36.86 i 35.00-49.02 41.39
Total Composite 20,102 30.00-44.00 35.62 = 34.00-49.02 39.98
FEEDER PIGS 45 POUNDS BASIS: Estimated 40-54% Lean Value
250-750 1,280 31.50-33.00 32.18 i 35.75-36.00 35.89
750 or more 13,600 27.90-49.62 34.06 | 30.00-51.72 37.20
Total Composite 14,880 27.90-42.65 33.90 I 30.00-51.72 37.09
FEEDER PIGS 50 POUNDS BASIS: Estimated 40-54% Lean Value
750 or more 5,400 35.00-48.50 41.31 I 38.00-49.50 43.13
FEEDER PIGS 55 POUNDS BASIS: Estimated 40-54% Lean Value
250-750 4,423 32.25-48.25 37.03 j 37.25-53.23 41.44
750 or more 4,840 34.00-38.00 37.34 i 38.50-43.00 41.10
Total Composite 9,263 32.25-48.25 37.19 I 37.25-53.23 41.26
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 slaugh
ter weights with normal confinement feeding conditions Vaccination and health pro
gram values are not included but health status should be disclosed
McElwee’s Livestock
Home of Shippensburg Cownet
3 Great Locations To Serve You
Newburg Woodsboro, MD Chambersburg
Mon. 9-4, Thurs. 9-2 Tues. 10-2 Wed. 9-3
(717)423-6869 (717)860-9975 (717)860-9975
FfMij Your Direct Market Connection
®rT Cows, Bulls, Steers, Calves
Call For Daily Price Quotes
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Witmer, PA 17585 Since 1961 717-392-7227
Toll Free 1-800-727-7228 7:00 AM to 5:00 PM
CERTIFIED COMMERCIAL APPLICATORS
LICENSED 40 YEARS EXPERIENCE
RADIO DISPATCHED TRUCKS
Lancaster Farming, Saturday, November 22, 2003-A7
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