LN_LS145 New Holland, PA Fri Nov 20, 2009 USDA-PA Dept of Ag Market News Lancaster County, PA Weekly Cattle Summary for Friday, November 20, 2009 Cattle Calves This Week: 2360 1774 Last Week: 3043 1653 Last Year: 2534 1708 This week in Lancaster County, slaughter steers sold uneven. Monday`s markets traded 1.00-1.50 lower on a less attractive supply of cattle. Light offerings at the end of the week brought upon an increase in demand. Choice steers closed the week 1.00-2.00 higher. Boxed beef trade has been active throughout the week on heavy offerings and moderate to good demand. Choice cutout values deviated little from last week`s close of 139.42. Seasonal demand for middle meats generally drive carcass values higher during the holiday seasons, but it proves not to be the case this year. Frugal consumer spending and unemployment has subdued any strong advances in beef demand on the retail end. In addition ham and turkey demand has taken the limelight with the upcoming Thanksgiving Holiday. Choice cutout values were quoted at 139.61 on Thursday, 1.14 lower than the previous day, with the Choice/Select spread at 7.53. USDA will be releasing its cattle on feed report Friday afternoon. Analyst forecast a 101%-102.5% increase of COF from last year. This could possibly increase the supply of market ready cattle for February and March. Slaughter cows in Lancaster County traded mostly 1.00 higher throughout the week with good demand. Cutter cow cutout values were quoted at 100.32 Thursday, up .60, with 90 percent lean at 123.94. All prices per cwt. For detailed cattle quotations refer to web addresses: http://www.ams.usda.gov/mnreports/LN_LS140.txt (New Holland Monday) http://www.ams.usda.gov/mnreports/LN_LS142.txt (New Holland Thursday) http://www.ams.usda.gov/mnreports/LN_LS146.txt (Vintage Monday) http://www.ams.usda.gov/mnreports/LN_LS141.txt (Vintage Tuesday) Slaughter Steers: High Choice and Prime 2-3 1230-1520 lbs 81.00-86.00. Choice 2-3 1205-1565 lbs 80.50-83.50. Select 1-3 1025-1490 lbs 77.00-80.50. Slaughter Holsteins: High Choice and Prime 2-3 1325-1605 lbs 69.75-74.00. Choice 2-3 1280-1600 lbs 67.50-71.00. Select 1-3 1065-1600 lbs 66.00-69.00. Slaughter Heifers: High Choice and Prime 2-3 1025-1338 lbs 81.00-83.25. Choice 2-3 1050-1445 lbs 78.00-81.50. Select 1-3 980-1440 lbs 76.50-79.75. Slaughter Cows: Percent Lean Avg. Dressing High Dressing Low Dressing Premium White 65-75 44.00-47.00 47.00-48.50 41.50-43.00 Breakers 75-80 40.50-44.50 44.50-46.00 ----------- Boners 80-85 39.00-42.50 43.00-44.25 36.50-39.00 Lean 85-90 36.00-40.50 41.00-43.00 30.00-36.00 Slaughter Bulls: Monday- Yield Grade 1 1235-1575 lbs 58.50-63.50; 1770-2185 lbs 55.25-55.75. Yield Grade 2 1010-2160 lbs 50.25-55.50, low dress 47.25-50.75. Bullocks: 845-1495 lbs 66.00-71.00, high dress 75.50-81.50, low dress 57.00-63.00. Thursday- Yield Grade 1 1340-1690 lbs 55.50-61.00; 1745-2285 lbs 48.50-52.50, high dress 1385-1865 lbs 65.00-69.00. Bullocks: 880-1640 lbs 68.00-72.00, high dress 80.00-88.00. Calf Summary: This week in Lancaster County, Holstein bull calves sold 8.00- 10.00 higher with moderate demand. Heifer calves traded sharply lower with light demand. Composite veal carcass values for the Northeast United States traded .32 higher than the previous week from 216.00-223.00(Hide-off), with a weighted average of 220.04. All prices per cwt. For detailed veal market information refer to the link below: http://www.ams.usda.gov/mnreports/lswveal.pdf (National Veal Summary) Monday- Holstein Bull Calves: Number 1 95-120 lbs 80.00-90.00, few to 94.00; 85-90 lbs 47.00-62.00. Number 2 95-135 lbs 65.00-80.00; 85-90 lbs 40.00-52.00. Number 3 95-125 lbs 40.00-62.00; 85-90 lbs 30.00-40.00. Utility 70-110 lbs 22.00-32.00; 60-70 lbs 11.00-19.00. Holstein Heifer Calves: Number 1 85-115 lbs 185.00-230.00. Number 2 70-95 lbs 90.00-160.00. Non-Tubing: 65-85 lbs 15.00-35.00. Tuesday- Graded Holstein Bull Calves: Number 1 pkg 122 lbs 73.00; 95-113 lbs 80.00-86.00; 90 lbs 67.00-73.00; 73-85 lbs 35.00-51.00. Number 2 95-111 lbs 72.00-79.00; 83-90 lbs 40.00-62.00; pkg 74 lbs 21.00. Number 3 pkg 109 lbs 61.00; 82-93 lbs 35.00-45.00; pkg 73 lbs 19.00. Utility 63-108 lbs 12.00-37.00. Graded Holstein Heifers: Number 1 81-103 lbs 195.00-237.00. Number 2 pkg 91 lbs 230.00; 70-83 lbs 130.00-155.00. Non-tubing 64-95 lbs 12.00-35.00. Thursday- Graded Bull Calves: Number 1 110-128 lbs 70.00-75.00; 94-108 lbs 80.00-84.00; 86-92 lbs 50.00-55.00; pkg 80-84 lbs 35.00. Number 2 112-128 lbs 70.00-73.00; 94-110 lbs 81.00-90.00; 80-92 lbs 30.00-40.00. Number 3 90-130 lbs 54.00-66.00; 72-88 lbs 23.00-31.00. Utility 60-110 lbs 11.00-30.00. Holstein Heifer Calves: Number 1 70-115 lbs 130.00-180.00. Number 2 70-115 lbs 50.00- 130.00. Dairy Report: Compared to last Wednesday`s sale, a light supply of fresh and bred cows sold steady to firm. Bred and open heifers slightly higher. Buyer attendance light with moderate demand and moderate trade. Wednesday's supply included 15 percent fresh milking cows, 6 percent short-bred cows, 7 percent springing cows, 21 percent short-bred heifers, 18 percent springing heifers, 22 percent open heifers, and 11 percent bulls. One hundred percent of reported supply Holsteins unless otherwise noted. All sales sold on a per head basis. Fresh Cows: Supreme: 1450.00-1575.00 Approved: 1225.00-1375.00 Medium: 1000.00-1175.00 Common: 850.00-975.00 Cull Cows: 475.00-725.00 Springing Cows: (7-9 months) Medium: 1000.00-1100.00 Common: 800.00-925.00 Short Bred Cows: (1-3 months) Common: 725.00-850.00 Bred Heifers: (4-6 months) Supreme: 1275.00-1350.00 Approved: 1075.00-1250.00 Medium: 900.00-1050.00 Common: 700.00-870.00 Springing Heifers: (7-9 months) Supreme: 1350.00-1475.00 Approved: 1200.00-1300.00 Medium: 1025.00-1175.00 Common: 005.00-1000.00 Open Heifers: Approved: 300-600 lbs 500.00-610.00 Medium: 300-600 lbs 325.00-400.00 600-900 lbs 500.00-625.00 Common: 300-600 lbs 200.00-285.00 Dairy Bulls: 300-600 lbs 350.00-475.00 600-900 lbs 500.00-675.00 900-1200 lbs 650.00-825.00 Source: USDA Dept of Ag Market News, New Holland-Lancaster County, PA Levi Geyer, OIC / Cell 202-744-6499 Joe Massey, Market Reporter / Office 717-354-2391 http://www.ams.usda.gov/mnreports/LN_LS145.txt 1800e jm/lg