NW_LS452 Des Moines, IA Thu, Jul 03, 2008 USDA Market News USDA CARLOT VEAL CARCASS REPORT Northeast and North Central Basis Compared to Monday: Special fed veal carcass wtd average prices were 1.22-4.97 lower except Non-packer owned .20 higher. Calf demand light to moderate for Holiday session. Harvest numbers down from last week. Dressed Weights up 1.3 pounds in northeast up 1/10 in North Central and the composite weights averaged up 7/10's. Represents calves harvested Monday through Wednesday of this week. VEAL CARCASS, SPECIAL FED, HOT BASIS-PAID TO PRODUCER Includes previously committed contract and open market calves. NON-PACKER OWNED Head Range Wtd. Ave. Hide-Off, 255-315 Lbs. Hot Basis 3590 220.00 - 315.00 285.49 **PACKER OWNED** Hide-Off, 255-315 Lbs. Hot Basis 1386 250.00 - 285.00 276.78 COMPOSITE Hide-Off, 255-315 Lbs. Hot Basis 4976 220.00 - 315.00 283.06 ------------------------------------------------------------------ *CONTRACT INFORMATION: Hot Basis, Hide-Off* Current future contracts offered: Firm Bottom Northeast, 270.00-275.00; North Central 265.00-280.00 for December. ------------------------------------------------------------------ Special Fed Veal Slaughter for: Week Ago Year Ago YTD YTD Week ending: 06/28/08 06/21/08 06/30/07 2008 2007 Northeast 3,360 3,752 4,416 107,432 140,405 North Central 4,427 4,654 3,317 98,923 91,809 Total NE & NC 7,787 8,406 7,733 206,355 232,214 ------------------------------------------------------------------ Special Fed Veal Dressed Weights Week Ago Year Ago Week ending: 06/28/08 06/21/08 06/30/07 Northeast 273.4 272.1 271.9 North Central 272.4 272.3 264.2 Total NE & NC 272.9 272.2 268.6 ------------------------------------------------------------------ * North Central = OH, IN, IL, MI, & WI * Northeast = MA, MD, PA, NY, NJ, DE, CT, & VT ** Packer Owned = Ownership, harvesting and processing controlled by same party. Source: USDA Market News, Des Moines, IA Phone: 515-284-4460 email: desm.lgmn@usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/LSMarketNews 1400C LLJ/DEM .