WEEKLY VEAL MARKET SUMMARY
~ Livestock, Meat, Feed Ingredients & Skin Markets ~
Thursday, January 28, 2016
CARLOT VEAL CARCASS REPORT
Northeast and North Central Basis -
Vol. 19, No. 3
SUMMARY OF PENNSYLVANIA LIVESTOCK AUCTIONS
01/21/2016-01/27/2016
New Holland Calf Auction Report for Thursday, Jan 21, 2016
Compared to last week: The special fed veal carcass market was steady
to weak on open market and packer owned calves on moderate demand and
light to moderate offerings. Harvest numbers were 0.1 percent lower
compared to last week's total. Dressed weights were down 1.9 pounds
in the Northeast, down 0.1 pounds in the North Central, with the
total NE & NC being down 1 pounds.
VEAL CARCASS, SPECIAL FED, HOT BASIS-PAID TO PRODUCER.
NON-PACKER OWNED
Hide-Off, 255-315 Lbs.
**PACKER OWNED**
Hide-Off, 255-315 Lbs.
Head
Range
2987 400.00- 450.00
Wt. Ave.
422.28
1979 415.00- 450.00
428.62
Change
-0.88
-9.45
*CONTRACT INFORMATION: Hot Basis, Hide-Off*
Current future contracts offered: Firm Bottom Northeast and North
Central, 290.00 to 300.00 for June.
* 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.
WEEKLY BOXED & DISTRIBUTIVE/LCL VEAL CUTS TRADE
Northeast and North Central Basis for Tue, January 26, 2016
FOB Major Production Points
Compared to last week: Special fed veal cut prices were mostly steady to
lower. The weekly veal features decreased by 34.3 percent this reporting
period. Shoulder Roasts and Scallopini found ad space once again as Stew
Meat dominated the veal features this week as the general price trend was
unevenly steady.
Item:
Wt. Range
Carcass, hide off
200-275 lbs
Foresaddles
86-147 lbs
Forequarters
43-74 lbs
Necks, bone-in
24-28 lbs
Breast
10-18 lbs
Foreshank
3-5
lbs
Osso Bucco, foreshank
2-8
lbs
Shoulder, full
49-85 lbs
Chuck, square cut
39-68 lbs
Chuck rolls, skinned
5-10
lbs
Chuck, Shoulder Clod
4-9
lbs
Hotel Racks, 8 rib
15-26 lbs
Hotel Racks, 7 rib
14-25 lbs
Hotel Racks, Chop Ready, 7 rib 5-9
lbs
Hotel Racks, Chop Ready, 6 rib 4-8
lbs
Rack, Ribeye
3-9
lbs
Hindsaddles
89-153 lbs
Hindquarters
45-76 lbs
Loins, regular
18-36 lbs
Loins, 4x4, trimmed
18-30 lbs
Strip Loins, bnls, 0x0
1-up
lbs
Loin, Short Tenderloin
0.5-up lbs
Legs, double
68-117 lbs
Legs, single
34-59 lbs
Legs, slices, retail
Legs, TBS 4-piece
27-47 lbs
Legs, TBS 3-piece
24-39 lbs
Legs, BHS heel-out
27-42 lbs
Legs, Sknd, butt tenderloin
0.5-up lbs
Top Rnd, Sknd, cap-off
10-15 lbs
Hindshank
5-8
lbs
Osso Bucco, Hindshank
2-8
lbs
Stew Meat, regular
Bnls Veal Trimmings 75-80% Lean
Bnls Veal Trimmings 80-90% Lean
Hvy Nature Green Hides(per piece)
Range
530.00- 595.00
425.00- 460.00
450.00- 525.00
320.00- 330.00
180.00- 220.00
375.00- 950.00
750.00- 1125.00
380.00- 450.00
300.00- 415.00
535.00- 810.00
600.00- 855.00
840.00- 895.00
840.00- 1010.00
1425.00- 1705.00
1495.00- 1755.00
2125.00- 2125.00
570.00- 695.00
545.00- 680.00
410.00- 450.00
670.00- 755.00
1390.00- 1900.00
1225.00- 1640.00
620.00- 680.00
610.00- 735.00
895.00- 1350.00
1025.00- 1225.00
1050.00- 1275.00
820.00- 985.00
1275.00- 1690.00
1560.00- 1780.00
725.00- 1105.00
995.00- 1395.00
450.00- 670.00
170.00- 300.00
195.00- 299.00
55.0058.00
“SPECIAL-FED (NATURE, MILK-FED) VEAL SLAUGHTER AS REPORTED BY
SLAUGHTER PLANTS IN THE NORTHEAST AND NORTH CENTRAL AREA.”
Special Fed Veal Slaughter for:
Year Ago
YTD
YTD
Week ending:
01/23/16 01/16/16 01/24/15
2016
2015
Northeast
2,601
2,566
2,685
10,275
10,712
North Central
2,331
2,370
2,324
8,964
9,298
Total NE & NC
4,932
4,936
5,009
19,239
20,010
---------------------------------------------------------------SPECIAL FED PERCENTAGE OF TOTAL CALF KILL FOR 01/16/16---49.33
Actual Calf Slaughter reported by NASS for 01/16/2016---10,006
Estimated kill for week ending 01/23/2016--------------- 9,000
---------------------------------------------------------------Special Fed Veal Dressed Weights
Year Ago
Week ending:
01/23/16 01/16/16 01/24/15
Northeast
284.1
285.9
275.8
North Central
281.5
281.6
274.7
Total NE & NC
282.8
283.9
275.3
Meat Production and Actual Liveweight and Dressed Weight
W/E 01/16/2016
---------------------------------------------------------------Production
Species and Class
Liveweight Dressed Weight
---------------------------------------------------------------Mil. Lbs.
Lbs.
Lbs.
Beef
477.4
Cattle
1,382
831
Calves & Veal
1.7
Calves
283
166
Pork
491.8
Hogs
286
214
Lamb & Mutton
2.6
Sheep
139
70
---------------------------------------------------------------Total Meat Production
973.5
2B
TOTAL POUNDS OF CALF AND VEAL MEAT AVAILABLE
WEEK ENDING 01/16/2016
Domestic Production
Imported
Total
1,700,000
% of Total
69.59%
742,748
% of Total
30.41%
-------------------------------2,442,748
100.00%
Federally Inspected Slaughter Percentages by Species, U.S.
Week Ending Saturday, January 16, 2016
--------------------------------------------------------------Species
:
Class
:
# of Head
: % of Total
--------------------------------------------------------------Cattle
:
TOTAL
:
575,488
:
Dairy Cows
:
65,528
11.4
--------------------------------------------------------------Calves
:
TOTAL
:
10,006
--------------------------------------------------------------Hogs
:
TOTAL
:
2,297,291
--------------------------------------------------------------Sheep
:
TOTAL
:
37,109
For additional information contact:
USDA LIVESTOCK, POULTRY and GRAIN Market News at 816-676-7000
Calves Monday:
645
Week Ago:
546
Year Ago:
613
Calves: Compared to last week, Holstein bull calves sold mostly 40.0080.00 lower. Holstein heifer calves sold 20.00-30.00 lower. Demand was
moderate. Ag Market News LLC under the USDA-QSA-LMAR program graded 489
head for Thursday's sale. All calves are sold by the cwt.
Holstein Bull Calves: Number 1 94-128 lbs 161.00-181.00. Number 2
80-128 lbs 150.00-159.00. Number 3 72-130 lbs 117.00-131.00. Utility 90110 lbs 65.00-80.00; 60-88 lbs 117.00-125.00.
New Holland Livestock Auction Report for Monday, Jan 25, 2016
Calves Monday:
Calves:
was noted.
219
Week Ago:
428
Year Ago:
375
No report from last week to base trend on. A steady undertone
Demand was moderate on a light supply. All prices per cwt.
Holstein Bull Calves: Number 1 80-125 lbs 200.00-230.00. Number 2
85-115 lbs 160.00-210.00. Number 3 75-110 lbs 135.00-160.00. Utility
75-100 lbs 45.00-100.00.
Vintage Calf Auction Report for Tuesday, Jan 26, 2016
Calves, Monday:
776
Week Ago:
541
Year Ago:
461
Calves: Compared to last week, Holstein Bull calves sold steady to
20.00 lower. Heifer calves sold mostly 30.00-40.00 lower. Ag Market News
LLC under the USDA-QSA-LMAR program graded 659 head for Tuesday's sale.
All calves are sold by the cwt.
Holstein Bull Calves: Number 1 95-123 lbs 187.00-201.00; 85-90 lbs
175.00-177.00. Number 2 84-115 lbs 177.00-192.00. Number 3 94-110 lbs
125.00-142.00; 73-85 lbs 147.00-157.00. Utility 108 lbs 65.00; 71-93 lbs
80.00-115.00.
SOURCE:
USDA-PA Dept Ag Market News, New Holland-Lancaster Co., PA
CANADIAN FEDERALLY INSPECTED SLAUGHTER
Calves:
Males:
Females:
Current
01/16/16
3,662
3,425
237
Week Ago
01/09/16
3,677
3,428
249
Year Ago
01/17/15
4,117
3,820
297
YTD
2016
9,633
9,001
632
YTD
2015
10,598
10,312
771
% Change
-9.1%
CANADIAN MONTHLY GRAIN FED VEAL REPORT
(Quebec Sales in Canadian Dollar and Average Price)
W/E
YTD
01/23/16
2016
No of Head
Avg Price
1,342
279.40
5,572
275.97
2015
No of Head
Avg Price
1,248
273.86
5,231
260.13
Hd count
% Change
7.53%
6.52%
AUSTRALIAN VEAL SLAUGHTER STATISTICS
W/E 01/22/2016
Queensland
New South Wales
Victoria
South Australia
Tasmania
Total
This Week
337
1,554
854
12
41
2,798
2016 YTD Last Week Last Year
969
267
310
4,239
1,078
2,968
3,115
1,028
989
52
15
20
129
88
36
8,504
2,476
4,323
2015 YTD
1,056
10,217
3,612
58
37
14,980
U. S. DEPARTMENT OF AGRICULTURE FOOD SAFETY AND INSPECTION SERVICE
IMPORTED MEAT PASSED FOR ENTRY INTO THE UNITED STATES BY COUNTRY IN
Metric Tons
Reporting Period: 01/10/16 to 01/16/16
Week 3
COUNTRY
BNLS
EDIBLE OTHER PRIMALS &
WKLY
YTD
OF ORIGIN
TRIM CARC CUTS OFFAL INTACT SUBPRIMALS TOTAL TOTAL
Australia
-----9
9
111
Canada
-4
1
49
-49
104
256
New Zealand
--213
-11
-224
523
Total
-4
214
49
11
58
337
890
FEED INGREDIENTS
Milk Protein Markets
Madison, WI
January 28, 2016 (REPORT 4)
DRY BUTTERMILK- CENTRAL AND EAST
COMPARED TO LAST WEEK:
(Simple Avg. Change)
F.O.B. CENTRAL/ EAST:
0.7800- 0.8600
unchanged
DRY WHEY- CENTRAL
F.O.B. CENTRAL:
0.1800- 0.2750
0.0025 higher
MOSTLY:
0.2200- 0.2450
0.0100 higher
ANIMAL FEED MILK REPLACER
F.O.B. Central:
0.1200- 0.2050
0.0113 lower
DRY WHEY- NORTHEAST
F.O.B. NORTH EAST:
0.2500- 0.2775
unchanged
EXTRA GRADE, GRADE A:
NONFAT DRY MILK- CENT & EAST
Includes EXTRA GRADE & GRADE A
LOW/MEDIUM HEAT
0.7600- 0.8750
0.0075 higher
MOSTLY:
0.8000- 0.8300
unchanged
HIGH HEAT:
0.9150- 1.1500
0.0075 higher
WHEY PROTEIN CONCENTRATE
EDIBLE 34% PROTEIN:
0.4900- 0.6800
unchanged
MOSTLY:
0.5300- 0.5900
0.0050 higher
FAT PRODUCTS
DES MOINES, IA
WEEK ENDED: Jan 23, 2016
-------------------------------------------------------------------CAF CHICAGO EDIBLE TALLOW - Railcar
NQ Simple Average
CAF CHICAGO LOOSE LARD, PS AND/OR CP
24.00 Simple Average
COCONUT OIL, Crude (Source: USDA FAS) 1147.00 Dec ROTT.(US$/MT)
December Milk Production up 0.7 Percent
Milk production in the 23 major States during December
totaled 16.4 billion pounds, up 0.7 percent from December
2014. November revised production at 15.6 billion pounds,
was up 0.7 percent from November 2014. The November
revision represented an increase of 26 million pounds or 0.2
percent from last month's preliminary production estimate.
Production per cow in the 23 major States averaged 1,894
pounds for December, 6 pounds above December 2014. This is
the highest production per cow for the month of December
since the 23 State series began in 2003.
Weekly Veal Slaughter
$450
7,000
$425
6,500
Number of Head
Average Price ($/cwt)
Non-Packer Owned & Packer Owned 2016
$400
$375
$350
$325
6,000
5,500
5,000
4,500
$300
Jan
Feb Mar
Apr May Jun
Jul
Packer Owned
Aug Sep
4,000
Oct Nov Dec
Jan
2016
Non-Packer Owned
Top Round-Cap Off ($/cwt)
5 Yr Avg
$600
Dollars Per Hundred Weight
$1,750
Dollars Per Hundred Weight
2015
Carcass-Hide Off ($/cwt)
$1,800
$1,700
$1,650
$1,600
$1,550
$1,500
$575
$550
$525
$500
$475
$1,450
$1,400
$450
Jan Feb Mar Apr May Jun
2016
Jul Aug Sep Oct Nov Dec
2015
Jan Feb Mar Apr May Jun
5 Yr Avg
2016
4X4 Loin, Trimmed ($/cwt)
Jul Aug Sep Oct Nov Dec
2015
5 Yr Avg
Hotel Rack-7 Rib ($/cwt)
$775
$1,025
$750
$975
Dollars Per Hundred Weight
Dollars Per Hundred Weight
Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
$725
$700
$675
$650
$625
$925
$875
$825
$775
$600
$575
$725
Jan Feb Mar Apr May Jun
2016
Jul Aug Sep Oct Nov Dec
2015
Jan Feb Mar Apr May Jun
5 Yr Avg
2016
Square Cut Shoulder ($/cwt)
Jul Aug Sep Oct Nov Dec
2015
5 Yr Avg
Single Legs ($/cwt)
$400
$725
Dollars Per Hundred Weight
Dollars Per Hundred Weight
$700
$375
$350
$325
$300
$675
$650
$625
$600
$575
$550
$275
Jan Feb Mar Apr May Jun
2016
Jul Aug Sep Oct Nov Dec
2015
5 Yr Avg
Jan Feb Mar Apr May Jun
2016
Jul Aug Sep Oct Nov Dec
2015
5 Yr Avg