Weekly Veal Summary - Agricultural Marketing Service

1 AsokWee ` Weekly VEAL MARKET Summary . ~ Livestock, Meat, Feed Ingredients & Skin Markets ~. Thursday, January 20, 2022 Vol. 25, No. 03. Carlot Veal Carcass Report Link to current report: Pennsylvania Weekly Cattle Auction Summary Northeast and North Central Basis - 01/09/2022 01/15/2022. Compared to last week: The special fed veal carcass market was firm on comparable sales of veal calves. Demand was light to moderate on light to moderate offerings. Harvest numbers were Canadian Federally Inspected Slaughter percent higher compared to last week's total. Dressed Current Week Ago Year Ago YTD YTD % Change weights were down 16 pounds. 01/08/22 01/01/22 01/09/21 2022 2021. Calves: 2,587 2,892 2,744 5,479 5,000 Represents calves harvested Sunday through saturday of last week. Males: 2,390 2,658 2,617 5,048 4,772. VEAL CARCASS, SPECIAL FED, HOT BASIS-PAID TO PRODUCER - FOB BASIS Females: 197 234 127 431 228.

2 Includes previously committed contract and open market calves. Head Range Wtd Avg Canadian Monthly Grain Fed Veal Report Hide-Off, 255-315 Lbs. Hot Basis 2933 (Quebec Sales in Canadian Dollar and Average Price). ---------------------------------------- ------------------------ 2022 2021 Hd count Special Fed Veal Slaughter for: Year Ago YTD YTD. Week ending: 01/15/22 01/08/22 01/16/21 2022 2021 No of Head Avg Price No of Head Avg Price % Change Total NE & NC 2,933 2,729 2,656 7,893 8,178 W/E 01/15/22 1,469 1,816 ---------------------------------------- ------------------------ YTD 4,229 4,565 Special Fed Veal Dressed Weights Year Ago Week ending: 01/15/22 01/08/22 01/16/21. Total NE & NC ---------------------------------------- ------------------------ AUSTRALIAN VEAL SLAUGHTER STATISTICS. * North Central = OH, IN, IL, MI, & WI W/E 12/14/2021. * Northeast = MA, MD, PA, NY, NJ, DE, CT, & VT.

3 ** The calves represented in this report include both Packer Owned and This Week 2022 YTD Last Week Last Year 2021 YTD. Non-Packer Owned calves. Packer Owned calves are defined as having Queensland 11 25 14 47 143. ownership, harvesting, and processing controlled by the same party. New South Wales 4 6 2 11 3,062. ---------------------------------------- -------- --------------- Victoria 113 270 157 298 719. Special Fed Percentage of Total Calf Kill 01/08/2022 .. South Australia 15 25 10 0 0. Actual Calf Slaughter Reported by NASS W/E 01/08/2022 .. 7,656 Tasmania 11 11 0 0 29. Calves Slaughter W/E 01/15/2022 .. 7,000. ---------------------------------------- ------------------------ Total 154 337 183 356 3,953. Week Ending saturday , 01/08/2022. Meat Production and Actual Live Weight and Dressed Weight Department of Agriculture Food Safety and Inspection Service Imported Meat Passed for Entry into the United States by Country in Metric Tons Production Species and Class Live Wt Dressed Wt Million lbs.

4 Lbs. lbs. For Reporting Period: 1/2/2022 to 1/8/2022. Beef Cattle 1,398 843 Metric Tons Week Number 2. Calves and veal Calves 243 141. Country BNLS Edible Other Primals & Wkly 2021. Pork Hogs 294 219. Totals Trim Carc Cuts Offal Intact Subprimals TTL YTD. Lamb and mutton Sheep 134 68 ---------------------------------------- -------------------------------- Total meat Australia 7 7 7. production Canada 1 78 3 27 16 125 262. France 2 2 2 4. Total Pounds of Calf and Veal Meat Available Mexico Domestic Production 1,100,000 % of Total Netherlands 32 33 74. Imported 608,304 % of Total New Zealand 106 4 110 144. Total 1,708,304 Uruguay Total 1 78 110 13 27 47 276 489. Federally Inspected Slaughter Head & Percentages by Species, Species Class & Total # of Head % of Total Fat Products Des Moines, IA W/E 01/08/2022 *Preliminary Cattle Total 619,479 ---------------------------------------- ---------------------------- Dairy cows 63,004 CAF CHICAGO EDIBLE TALLOW Railcar Simple Average Calves Total 7,656 CAF CHICAGO LOOSE LARD, PS AND/OR CP No Quote Simple Average Hogs Total 2,551,730.

5 Coconut Oil Crude (Source: USDA/FAS) *Dec - 1,795 (US$/MT) Rotterdam CIF. Sheep Total 32,831. Dry Products Price Summary 2022 Veal Prices NONFAT DRY MILK. CENTRAL & EAST LOW/MED HEAT - MOSTLY - $385 (.0550) (.0700) (.0600) (.0750). CENTRAL & EAST HIGH HEAT - $365 (.1200) (.2100). WEST LOW/MED HEAT - MOSTLY - Average Price ($/cwt). $345 (.0700) (.1325) (.0600) (.0600). WEST HIGH HEAT - (.0950) (.1100). $325. BUTTERMILK POWDER. $305 CENTRAL & EAST - $285 WEST - MOSTLY - (.0100) (.0350) (.0250) (.0400). $265 WHEY POWDER. CENTRAL .6600 - .8000 MOSTLY .7200 - .7500. $245 (.0025) (.0250) (.0200) (.0200). Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec WEST .6725 - .8000 MOSTLY .7150 - .7800. (.0175) (.0125) (.0100). NORTHEAST .6700 - .7600. (.0200) (.0175). ANIMAL FEED WHEY. Weekly Veal Slaughter CENTRAL .5200 - .5800. LACTOSE. 6,000. CENTRAL & WEST.

6 3200 - .5300 MOSTLY .3600 - .4500. 5,500. 5,000 WHEY PROTEIN CONCENTRATE 34%. CENTRAL & WEST - MOSTLY - Number of Head 4,500 (.0300) (.0250) (.0700). 4,000 WHOLE MILK. NATIONAL - 3,500 (.0150) (.0600). 3,000 CASEIN. 2,500 RENNET - (.0400) (.0200). 2,000 ACID - (.0500) (.0200). 1,500. Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2022 2021 5 Yr Avg For additional information contact: USDA Livestock, Poultry and Grain Market News at 816-676-7000.