Livestock, meat, wool market news

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Material Information

Title:
Livestock, meat, wool market news
Physical Description:
v. : ; 21-23 cm.
Language:
English
Creator:
United States -- Agricultural Marketing Service. -- Livestock, Poultry, Grain, and Seed Division
United States -- Agricultural Marketing Service. -- Livestock Division
United States -- Agricultural Marketing Service. -- Livestock & Seed Division
Publisher:
The Division
Place of Publication:
Washington, D.C
Publication Date:
Frequency:
weekly
regular

Subjects

Subjects / Keywords:
Meat industry and trade -- Statistics -- Periodicals -- United States   ( lcsh )
Wool industry -- Statistics -- Periodicals -- United States   ( lcsh )
Livestock -- Marketing -- Statistics -- Periodicals -- United States   ( lcsh )
Genre:
serial   ( sobekcm )
federal government publication   ( marcgt )
statistics   ( marcgt )
periodical   ( marcgt )

Notes

Additional Physical Form:
Distributed to depository libraries in microfiche.
Statement of Responsibility:
Livestock, Poultry, Grain and Seed Division, Agricultural Marketing Service, U.S. Department of Agriculture.
Dates or Sequential Designation:
Began with v. 27, no. 1 (Jan. 6, 1959) issue.
Issuing Body:
Vols. for <Jan. 16, 1979-May 14, 1983> issued by: Livestock, Meat, Grain and Seed Division, Agricultural Marketing Service, U.S. Dept. of Agriculture; <Nov. 12, 1983-> by: the Livestock Division, Agricultural Marketing Service, U.S. Dept. of Agriculture; 1996 issue\d by: the Livestock and Seed Division, Agricultural Marketing Service, U.S. Dept. of Agriculture.
General Note:
Description based on: Vol. 47, no. 2 (Jan. 16, 1979).
General Note:
Latest issue consulted: Vol. 58, no. 40 (Oct. 6, 1990).

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004691915
oclc - 04512121
lccn - sn 87043107
Classification:
lcc - NOT IN LC
ddc - 338.105
System ID:
AA00008493:00001

Related Items

Preceded by:
Market news (Washington, D.C.)
Succeeded by:
Livestock, meat, and wool weekly summary and statistics

Full Text

a


WEEKLY


AND


su


STA


LIV


STOCK


DIVISION, J
U.S. DEPART


GRICULTUR


tnT


kL MARKETII
AGRICULTURE


WASNINOTON


2s, D.C.


Vol.


November


1959


Week ended November 14


Page


Livestock Market Reviews
Livestock Market Receipts
Steer Sale Statistics .


* a a a 0 S 0 S
S B 0 0 0 0 0 0 0.
S. 0


Feeder an
Estimated
Slaughter
Estimated
Cattle


d Stocker Statistics
Slaughter and Meat P
at Major Centers .
Percentage of Feeder
and Slaughter Cows in


reduction


* .. .
@0@00@@@I
( I S II


and Stocker
Salable Receipts


000
. ..


Cattle Prices .
Hog Prices ... .
Hog Purchase Statistics .
Sheep and Lamb Prices .

Wholesale Meat Trade Reviews
Wholesale Meat Prices .
Wool Market Review .


* 0 0 0 0 0 6 0 0 S 0 0 0
* *oo ** *O 0@*
* .. 000*00 e.
* 0t *e00000e 0O


* b e O *e
. .) .( .
.()))) ....
. r .i .


Special to this issue
-- ------l


Federally Inspected Slaughter, by Regions, Oct. 1959
Lamb Feeding Situation, November 1, 1959 .
Livestock and Meat Situation, November 1959 .
Meat and Meat Food Products Processed and Canned
under Federal Inspection, October 4-51, 1959 .
Storage Holdings of Meats and Lard, October 51, 1959
Livestock Prices and Composite Meat Values, October
1959 . . .


a -- -'" ..~.-.1"" """


1
i
-: Fk


U~


OOL





MIDWEST


LIVESTOCK


REVIEW


and


RANGE


AND


FEEDLOT


SALES


Lower prices were recorded on slaughter
cattle at most midwest markets. Receipts
were rather liberal and often exceeded poor
demand which was influenced by lower dressed
beef prices, curtailment of slaughter by many
packing interests Wednesday and limited
slaughter by one major packer all week. Re-
ceipts of most classes of livestock were well
above the corresponding week last year when
an embargo was in effect at So. St. Paul and
Indianapolis due to labor trouble. Slaughter
steer prices closed steady for the week at
Chicago, but a large volume at other midwest
centers sold 25-50 lower. Fed heifers
closed steady to 50 lower at most points ex-


cept most heifers
Prices on barrows
25# higher at St.
and Indianapolis,
most other points
lower in parts of
Slaughter lambs cl


at Chicago sold 50t higher.
and gilts were steady to
Louis National Stock Yards
but steady to 25t lower at
in the midwest and 50#-$1.O0
the northwestern Corn Belt.
.osed $1.00-1.50 lower over


most of the area with sales $2.00-2.50 off
at Chicago. The declines were influenced by
continued downturns on dressed lamb.

SLAUGHTER CATTLE AND CALVES Slow trad-
ing and poor demand prevailed on slaughter
cattle at midwest markets and prices declined
at most centers. Fairly liberal supplies,
lower dressed beef prices, curtailed slaugh-
ter by many packing establishments due to
the holiday Wednesday and the fact that the
operation of one major packer was limited
throughout the week due to a strike were all
bearish influences in the live trade. At Chi-
cago closing prices on slaughter steers were


stead
small
decli
other
fran
25-50
on Ch
St. J
strong
Price
with
high
stead
ings
were
Bulls


y for the week as upturns Wednesday on
supplies offset Monday s and Thursday s
nes. The trend on slaughter steers at
midwest terminals was uneven ranging
steady to $1.00 lower, with a large share
# off. The least decline was recorded
voice and Prime steers 1200# down and at
oseph these grades under 1100# sold
ig to 25# higher, instances 50 up.
s on slaughter heifers were also uneven
Good to Prime heifers at Chicago 50S
r but at most other centers heifers sold
.y to 504 lower. Slaughter cow market-
were the largest of the year and prices
$1.00-2.00 lower for the most part.
I sold steady to 50# lower; vealers very


uneven ranging from steady to as much as $4.00
lower.


At other midwest points, bulk Choice slaugh-
ter ateers sold at $24.75-26.00; high-Choice
and Prime $26.25-27.00 and up to $27.50 at St.
Louis National Stock Tards and Indianapolis.
Sowe mostly Choice steers over 15003 sold
at $24.00 at a few markets. Bulk Good and low-
Choice steers realized $22.50-24.75. At Chi-
cago, Good and Choice heifers brought $24.00-
26.00, high-Choice and Prime to $26.50. Else-
where1 Good and Choice heifers brought $22.00-
25.00; high-Choice and high-Choice and Prime
$25.00-25.50. Utility and Commercial cows
sold late from $12.00-15.50 few to $17.00;
Canners and Cutters mainly 610.00-12.50.
Good and Choice vealers at St. Louis Nation-
al Stock Yards sold at $27.00-52.00, high-
Choice and Prime $55.00-54.00. At So. St.
Paul Good and Choice vealers closed at
$23.00-27.00, high-Choice and Prime $28.00-
29.00.

STOCKER AND FEEDER CATTLE AND CALVES -
Stocker and feeder steer shipments from the
10 markets at 39,504 head were little changed
from the week previous but were about 7,000
head above last year. Shipments of calves
frao these markets totaled 54,642 compared to
59,828 the previous week and 42,671 a year ago.
Feeder steers 850# and up were in rather small
supply with steers under 800# predominating.
Trading was slow with demand only fair. De-
clining slaughter cattle prices and stormy
weather over the northern half of the plains
states were contributing factors in the nar-
rowed demand. Best outlet was far thin stock
cattle to go on wheat pastures in western
Kansas, eastern Colorado and the Texas and
Oklahoma Panhandle area. Stocker and feeder
steers and heifers closed weak to $1.00 lower
with stock calves $1.00-2.00 off at several
points.
Good and Choice feeder steers sold from
$21.50-26.50, majority $22.00-25.00; Medium
and Good $18.00-22.50; Coamon and Medium
$16.50-17.50. Good and Choice 525-775# stock
steers brought $22.50-27.00, few loads Choice
mostly under 650q $27.50-29.50 early and 2
loads 5535# steers at Omaha $50.00; Medium
and Good $20.00-25.00. Good and Choice
stocker and feeder heifers brought $20.00-
25.50; Medium and Good largely $18.00-21.00.
Good and Choice stock steer calves sold un-
evenly from $25.00-55.00 with most sales
$24.00-50.00 except $26.00-55.00 at Sioux
City and $28.00-35.00 at Omaha where 2 loads








HOGS Combined receipts at the 12 mar-
kets and in the Interibr Iowa-So. Minnesota
direct hog buying area were 7 percent below
the previous week, the reduction due largely
to the holiday Wednesday when slaughter was
reduced. The combined volume was 24 percent
above the corresponding week in 1958 when
there was an embargo on livestock at the So.
St. Paul and Indianapolis markets. Consign-
ments of mixed U. S. No. 1, 2 and 5, 200-260#
barrows and gilts made up the bulk of receipts
with sows coaprising from 7-14 percent at the
various points. There was very little daily
price fluctuation over most of the area and
for the week barrows and gilts closed steady
to 25# lower. However, at St. Louis National
Stock Yards and Indianapolis where sales
were sharply lower late in the previous week,
the trend for the week in review was steady
to 25* higher. On the other hand, at Sioux
City and Sioux Falls where prices advanced
in the previous week due to storm conditions,
sales for the current week were 504-$1.00
lower. Sows sold unevenly steady to 75#
lower with sales 504-$1.50 off at So. St. Paul.
Mixed U. S. No. 1-5 and No. 2-3, 180-250#
butchers at midwest terminals Friday sold
from $12.25-15.55, large volume $12.50-15.00;
several lots No. 1-2 at most centers $12.75-
15.25 and a small volume to $15.60. In the
Interior No. 1-5, 200-220C butchers realized
$12.00-12.65; No. 1-2 $12.25-15.00; few No.
1 $15.25.
Average cut-out value advantage of U. S.
No. 1 over No. 5, live basis 200-220# barrows
and gilts was 89* per cwt, based on wholesale
carlot prices of fresh pork cuts at Chicago
November 5 to November 11, 1959 inclusive.
Feeder pigs sold $1.00-1.50 lower at
Sioux City with Medium and Good 120-170# pigs
at $9.50-10.50, mostly $10.00; sales at So. St.
Paul 50# lower and Good and Choice pigs closed
from $10.50-11.00. At Memphis, Common and
Medium 60-110* feeders sold steady at $8.00-
10.00.

SHEEP AND IAMBS Receipts at the 12
markets were about the same as a week earlier
but well above a year ago. Slaughter lamb
prices declined sharply under the influence of
large receipts and continued downturns on
dressed lami. Prices an slaughter lambs for
the week were 504-$2.50 lower, mostly $1.00-
1.50 off. Slaughter yearlings were steady
to $1.00 lower; slaughter ewes generally
steady; feeder lambs mostly steady. Choice
and mixed Choice and Prime 90-112# wooled
slaughter lamba sold from $18.00-19.25, small
lot 819.75 at Denver and some up to $20.00


fall shorn pelts brought $19.00-19.25 at
Omaha and up to $19.50 at Chicago. Good and


Choice 80-109# No.
sold from $17.00-18
122# yearlings with
realized $15.00-16.
ter ewes sold from
to Good $5.00-4.50.


2 and fall
0. Good and
o. 1 and fal
I. Cull to C
..50-6.00 wit
Good and Cho


shorn lambs
Choice 90-
1 shorn pelts
choice slaugh-
h bulk Cull
ice 55-75#


western feeder lambs sold from $17.75-19
Good and Choice native feeders $16.00-18
Medium and Good $15.00-16.00.


ARIZONA, CALIFC(NIA, NEVADA, AND TAH -
Direct trading on slaughter steers and heif-
ers out of California and Arizona feedlots
moderately active, steady to 50 lower;
stocker and feeder cattle slow, few sales
steady to $1.00 lower; slaughter lambs 50-
$1.00 lower.
Slaughter steers: In California, 11
loads Choice 1100# down $25.75-26.75, F.O,B.;
load 100C# in Arizona $26.00 delivered to
Los Angeles; high-Good and Choice up to 1200C
in both states $24.00-25.50 Choice 1200-
1400# $24.00-24.50; Good 900-105l 0 $25.00-
23.75; Standard and Good 950-110f0 $21.75-
23.00. Slaughter heifers In Central Cali-
fornia, few loads Choice 850# down (25.00-
25.50; over both California and Arizona,


41 loads Good to mostly Choice up to 1lO0Q
$25.75-25.00.
Stockers and feeders Good and Choice
700-815# feeder steers in small lots $25.50-
24.50, bulk #24.00; 455 head Medium and Good
760# $20.00; 80 head Good 620# mixed stock
steers and heifers $25.50; Good and Choice
525-500S stock steer calves $26.00-28.25,
heifers $25.50-26.25.
Slaughter lambs: In Northern Californi
4 loads mostly Choice 105-11U No. 1 and fal
shorn $19.00-19.50 early; 2 loads Choice
$18.50 late and 450 head Good and low-Choice
$17.00.


a,
l1


COLORADO, SOUTHERN WYOMING, WESTERN
NEBRASKA, AND WESTERN KANSAS Trading on
fed cattle at feedlots in Colorado moderately
active. Sales were confirmed on 205 loads com-
pared with 180 loads the previous week and 352
loads a year ago. Fed steers sold steady to
50 ,lower, mostly steady; heifers unchanged.
Ninety loads high-Good to average-Choice 1125-
125C0# fed steers $25.50-26.60, mostly $25.75
up. Nineteen loads average to high-Choice
960-1048# fed heifers $25.90-26.00; 94 loads
high-Good to average-Choice 875-1100# $24.50-
25.50, with wost late sales $25.00-25.50.
Trading on feeder cattle and calves at
ranches continued rather slow. Confirmed







feeder heifers $24.00.


700 Choice and fancy mixed
calves $532.00; 160 Choice
load Good and Choice 382#


200 3-6-year old
$210.00 per head


Wyonming:


steer


steer
steer


String of
and heifer
calves $55.00;


calves


Medium and Good stock


. Colorado:


and Choice 400# heifer


steer


674-796#


calves


$29.50


cows


2 loads Good
$26.00 with


mates $28.00; 172 Good and Choice


feeder heifers $25.00


Good and Choice 587-740# feeder


25.75


load Good


feeder cows $15.00.


23.50;
steers


$23.60; load Medium


Western


Good and Choice, mostly Good,
heifers $22.25.


Kansas:
650-715#


325
feeder


Around 40,000 range lambs have sold in


New Mexico during the past


weeks.


Choice mixed slaughter and feeder


18.50 with


60-75#


Good and Choice


IDAHO,
ter steers


lower;


feeders


Good and


lambs $16.00-


mainly $16.50-18.00;


ewe lambs $19.00-21


OREGON AND WASHINGTON


steady,


feeder


$1.00 lower


steer


- Slaugh-


heifers weak to mostly
s steady; stock calves


slaughter and feede:


to weak.
Good and Choice 1000-1200#


steers


brought $24.


in Washington.


00-26.50,


r lambs steady

slaughter


load Choice $27.00


Good and Choice 850-1000# fed


In Colorado around
Choice 85-115# slaughter


loads Good and


lambs $17


heifers $23.


.00-19.00;


50-24.50.


Good and Choice


650-825#


feeder steers


4 loads Choice shorn lambs with No. 1 and
pelts $18.50-19.00.


$235.00-24.00


.00-26


same grades of stock calves


.00 on steers and $25.00 on heifers


NEW MEXICO, WEST TEXAS,
SOUTHWESTERN KANSAS Direct


ter steers


and heifers


WESTERN OKLAHOMA,


sales


25-50 lower


heifers steady in Amarillo.


of slaugh-
except


Confirmed


and contracts of 16,000 stockers and


sales


feeders


some Good and Choice mixed steer and heifer
calves $25.00.
Choice 100-105# wooled and shorn slaugh-
ter lambs $18.00-20.00 with sales above $19.00
on delivered basis; Good and Choice 90C


feeder


lambs $16


.55 in Idaho.


weak to fully 50 lower.


Fourteen loads


low to


average-Choice


1000-1315# fed


steers


MONTANA, NORTHERN WYOMING AND WESTERN


.50-25


42 loads Good 875-1200C $25.50-


DAKOTAS


- Trading very slow, hampered by


24.50; 11 loads Standard 700-1080# $21.00-


22.50;


16 loads Choice 900-1025# fed heifers


75-25


.60; Good 742-900# $25


.25-24.00.


heavy snow and extreme cold.
and lots Good to mostly Choice


steer calves $29.00-51.


Several loads
599-447# stock


same grades of


Good and Choice


.00-26


.00, few Choice


stocker and feeder steers


630-65##


$26.50-


379-597#


heifer calves $26.15-28.40; 56 Good


and Choice 692# feeder steers $26.00.


27.00; Medium and low-Good $21.
and Choice heifers $22.00-24.75


75-22


.50; Good


Good and


Choice stock


ers $26
$182.50
$15.75-


.00-28


steer
.50;


I per head
17.50 per


calves $27.00
200 Good 1055#


; over
cwt.


1-55.00
stock


heif-


cows


Note:


sales


1,200 mostly Medium


Shrink on most range and feedlot


none to


percent, mostly 4 percent f.o.b.


some with short haul and


sales


percent shrink.


far immediate delivery unless specified.


WEEKLY RECEIPTS OF


SALABLE LIVESTOCK AT 12 PUBLIC MARKETS


: Cattle : Calves


: NoTv 14 : No


1959


v


,T 15 : Nov7 4-: N


1958


: 1959


-~s m -- -------------
--:--7 H ogs- ---": Sheep
ov- 5: 4 N4ovT:5 : o. 14 7: Nov 15


- 1958


: 1959


1959


1958


Chicago .....
Cincinnati ..
Denver ......
Fort Worth ..
Indianapolis
Kansas City .
Oklahoma City
Omaha .......


44,146
4,216
18,027
9,461
7,655
24,128
15,115


Joseph ..
Louis NSY


Sioux City


S. St.
Total
Nov, 7


Paul


1959


42,570
26,627
269,945


50,862
4,568


7,8357

17,354
10,074
40,295
15,384
15,850
38,599
1 42


215,148


803
621
3,4453
4,045
755
2,931
5,216
5,250
1,081
2,705


10,685


44,405
44,002


972
751
7,155
2,602

2,47
2, [47


44,921
11,321
4,877
2,293
35,424
17,165
2,607


6,899


8,820
2,205
21,568


1,805

15,976
2,855
50,475


64,697


10,112
1/_ 35


56.559


75,899


416,478
445,506


49,696
-/ 9


275,260


4,691
1,968
15,509
6,251
5,612
11,424
28,257


114,021
116,428


8,816
1,622
13,568


1,681
5,596
6,183


8,510
V 10


71,578


- --- -- - -


Market


-


m i m


Irrr







STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER IL
- - __ -I -- --H-- -- J- -- -I Il~H -- -- -- W --* --- *- -- *- -- -


Number of head


Percent of total
by grades


Average weight
(pounds)


Average price


dollars per


100 lb.


Grade


Week ended
-- --- -----Week erded


Swo.T :ZNov O Nw 12 NO. 5 NoA. 15 u
1959 : 1958 : 1959 : 1958 : 1959 : 1958 : 1959 : 1951


CHICAGO


Prime.........


Choice.
Good...


Standard......
Commercial....
Utility.......
All grades....


Prime......
Choice.....
Good.......
Standard...
Utility....
All grades.


Prime.....
Choice....
Good......
Standard..
Utility...
All grades


2,660
18,641
6,670


28,977

214-


8,754


15,468
- --gs a


7,121
4,814


15,054


6,544
27,651
2,468
320
56
60
57,079


1,471
7,515
4,158
1,749
15
14,908
_ _-


8,605
2,554


12,158


1.4
56.5
36.5
4.9
.7


OMAHA
9.9
50.4
27.9
11.7
.1


SIOUX CITY
SIOUX CIT


5


715.2
71.0


4.2
1.1

-~-- ~~NSAS


Prime..


Choice......
Good........
Standard....
Commercial..
Utility.....
All grades..


1,439
1,751
681


-----


1,748
2,183
721


25
4,748
- --As a


21.0
5.5
1.3



1.5
56.8
46.0
15.2


1,247
1,159
1,109
1,015
1,420
1,001
1,151

1,155
1,129
1,104
1,1"0
1,049
1,119

1,205
1,159
1,089
1,069
1,011
1,118


-S
1,140
1,114
1,067


1,114


-----


1,167
1,087
1,061
1,554
979
1,175
- -

1,151
1,142
1,168
1,090
1,148

--1,17
1,146
1,150
1,129
1,196
1,144


1,095
1,146
1,143
1,151

1,066
1,141


Th~I~ IXSf


28.04
26.71
25.46
25.99
24.00
21. 53
26.47


-


25.5533
25.82
21.60
19.98
24.59

26.74
25.16
24.15
22.71
21.55
24.71


25.59
25.46
21.54


17.95
25.82


-----
-----


27.55
26.74
25.65
24.23
25.50
22.44
26.79

26.55
26.09
25.11
25.81
21.02
25.59

-----

25.89
24.88
25.86
22.21
25.59


28.00
26.24
24.95
25.44


21.25
25.25


-----
-----


Prime.....
Choice....
Good......
Standard..
Commercial
Utility...
All grades


1,210


2,966


352
4,855


1,069
1,081
1,048
-S
1,010
1,069


3, 86


1,076
1,072
1,C8

950
1,068


26.25
24.74
22.60


19.91
24.36


26.71
25.55
25.79


20.87
25.72


-----I
-----(


Prime...


Choice....
Good......,
Standard,..
Utility. grades...


5,155
2,724
927
44
6,882


-----
----


-----I
-----


5,004
946
79
6,149


ga g e
---i


S.


54.0
48.9
15.4
1.2


Sm m DENVER
DENVER


1,207
1,155
1,097
1,045
970
1,106
- ah MW


-- -


1,092
1,074
1,105
1,145
1,019
1,098


------
------I


----
----


26.92
25.50
25.77
21.56
17.42
24.26


in
I- i-


-----
-----l


28.00
26.59
25.15
23.74
21.49
25.57


-----L
-----I


Prime....
Choice...


1,518


Good...


1,573


1,142
1,049


- ----- -


1,151
1.175


-3 -


26.56
25.16


26.29
25.54





926

FEEDER AND STOCKER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
.Week ended : Month Four Months
Nov. 12 i Nov. 5 Nov. 13:i Oct. Oct. July Oct.


Steers


- 1001. up
901-1000


801.900
701.80CC
501.700


* 1959
743


11,719
18.931


* 1959
594
2,156
5,442
15,032


* 1958
712
2,008
4,457
9,513
15,985


4,2041959
4,204


15,915
26,993
55,499
95,768


1958
3.854


92,712


1959 ;
14,859
48,619


85,126
123,499
260,166


1958
*-i- -a ----
17,928
49,684
82,600


112,255
226,857


Total ste
Av. wts.
Av.cost*


ers 10 mkts.


II .9


" "Chicago
" Ks. City
" Omaha


.9 II S


St. Pau


" Sioux City
" "Denver


I I "


Total


Ft. Worth


" Oklo. City
" ". St. Joseph
" Nat. Stk. Yds.
calves-l0 mktt.


59,503
711#
$24.12
24.72
25.62
25.17
22.08
25.61
24.97
22.15
22.42
22.06
22.76
34,642


59,982
712#
$24.55


24.84


26.06
22.76
25.69
25.47
20.61
22.58
25.16
25.55
39.828


* heifers


COV8


. *I


2.273


1,559


32,475
711#
$27.50
28.29
26.37
28.44
24.37
28.10
28.08
26.55
25.70
26.61
24.97
42,671
5,717
5,191


196,379
716#
$24.93


25.82
24.41
26.50
25.57
26.07
25.67
22.68
22.02
23.50
23.13


116,786
31,894
6,100


178.341


712/f


27.14
25.80
27.79
25.40
27.58
27.68
25.26
24.57
25.07
24.44


139,946
36,757
8,779


550,249
719#
$25.76


26.42
25.24
26.82
24.26
27.05
26.09
24.75


25.12
24.52


293,514


14,811


489,324
731#
$26 .09


26.18
25.58
27.52
24.68
26.88
27.07


25.04
24.89
24.31


294,562
107,059
19,083


* Not adjusted faor differences


-. --- -l a.. c -- -a a aS Il* lr. ... rr*...l a -- ---- -- -


in grade of cattle sold at


each market.


ESTfltATUD


FEDRALT INSPECT SLAUGHTER AID MEAT PRODUCTION


- --- n- -a~ -----


Week
ended


: Num


0551r


Nrat


L be ail
1 f mil.1b.


yes.'
I


PreA~


Siber :
- mil.ib


Iamb .t,


L excl. lard) and Mutton mt-


a


'Total
'lard


ama. Prod. Prod. p-d. prod.
e Mr : : ber : pr o
r1_0 mt i0 m. .ib.4_1ik._ 1i.
~. 1000 aib.lb 1. 000 a. bmil. Ib.nILf~il. lb7


Nov. 14,1959
Nov. 7,1959
Oct. 31,19591/


Nov.


Percentage


Nov.
Nov.


7,1959
15,1958


dhan


224.2
-


?6 191.
from:


13.5
13.3
--
15.0


1,510
1,610
1,575
1,291


206.6
218.5
178.1
178.1


12.5
14.1
10.7
10.7


445.9
470.1
-595.1
393.1


- - a ------ -a- a S
Seae .s eigit L
Week I s '* ^ Sheep


-6
13
- -
Lhrd
iyiold


--
50.2
42.9


--*
a- -


outed


WkWhV ,en0 VAKC OW.
S- ^- s -I- -^e -d Liv- an1r Iab. ,D sper
1 Oi Leive tdrsed :DypssedilOG lb.


Nov.
Nov.
Oct.
Nov.


14,1959
7,1959
31,1959
15,1958


1030
1055
1055
1045


116
116
117
113


1-S
-15.7
13.7


F~al


t NUIPI1


211.


1511958r/


w









I:I~ ~C Dd )C t-.


~ IH

Ia 0 % 0% -c 0% 0% 0% 0% 0
B'~tN H Hr- 02~- NO
0*ID L OCOM-C
tot hhr


1
I .


Si0%S 0%" .T
UflE- 44; tO t


I tC-o CD o L I
I cgtno r-
1 i 0 % m C I
r-1 C^ (0 00 Ir
0> CT^ U3N
@0 ^ cO


--~~~~~~r tto~ 4 )HN an dor U~ ) t-t O

03E-) ) CD .c4 CD C Qi CL)O LA) rheC O 4444d
~~N 44V- U)r N')~, N4 NHr N Ht


*occg44-coowo4
1 ~% N r 0% 0% 0% 0% 0%o 0% 0% 0%u~
~ j4f~g ~n N)cCIcr ,0 e ,r ,r
a ~H H1 H'r D )u tp nO) 1
IOC j \ )C1t Yr I


n a... n ~ I I~

0... 0%rf 0% 4% 0%
Lb 0) CDu-
010


to U) 0) 44dlC
01 0% cr~
0cg44wt.-cg
H N


1 ..,

00)
in]
H
I


H4444HU H)r
HJ


lo otocgdus)
H(A


tOl I



ri~t



Loan
to I
Soo
0, 0
v-l-I


Si,



,I

,II
0% 01


rlM -rm t n ~ n tflLAMJ l I110r


0% 0% 0 % 4% 0 % 0
r40C4 Hj Hi o; r ii i odu


~I ig)'
I~ I I


4%~~~~~t 0% 0%40 0 00 %0
t3o W0)00 )I O CO ta ot- o
Nu-IH)O HC atOHt ) c r uI Ho, d(


t

Y ** *
4hrq, S.


Ocri 0
""WC)
IPI*. #4 Ia
!ZS??f


* .. .4k oOmj
* 4. 'so rw4.. 4.
.W41% q Slr
4, CLl C
tAoa
*I Sd %

.4' *u.

.34 e.G* OSF

A Ara
r5v0 mc
ir` nr W


(4*
Ii
lt' a I


U) C
E414
04...1
I,-. *
o I"J
s 1-44
M~i


I~t
J1*

1-..







I4~



16
13; 1


I--


Iwc'

jrao


I cI
$148
36433

s-I


lJot
I~ I

I I
( I ,


I




rlg


to~~1 U) K)Ir(r
I


tODtD r4=1H


totool anow

Co CoLo r, cgoc
rD (O v> I L


~IS8OaLo
CQr


0Ito o
~T-"pllV


I

vLn~I


to1
ho 'det


cow V


4""c rfoICD
ri r-1 Ir1


tocc ocgl
Hr4 Ch


0) 03 0


~~ ~13r I

`I
aeato o =~w
NtOOI


wNcgo wt aVIt


3
IOU2 10 1010 a
r ri ri rlr4


.1~


I


m


II~i r
r








CAhTTL:


WEEaLT AVERAGE OF DAILY QUOTATIONS


In dollars per 100 pon~ml


Chicago
- ---mm


Classification


3 Nov.


Nov.
15


1 1959 : 1958


- -


- ~ -


Kansas City*


: Nov.
* 14


1959 '
32


Nov.
15
1958


Omahaa
---- I


: Nov.
: 14
2 1959


Nov.
15
1958


S Derer

Nov. Nov.
: 14 15
: 1959 1958
. -


:LoS Argle0
am -e -m em -n


14
S1959


:Nov.
' 15
1958


Sla ghter cattle


Steers -


Prime


Choice


Good


900-110O
1100-1300
900-1100
1100-1300


28.00 28.12
28.52 27.62


26.95
26.90


900-1100


Standard-All


vts.


25.60


27.38
26.75
25.62
24.19


calves and vealers


27.02
27.08


25.68
25.48


26.84
26.47


25.55 25.


20.25


23.00


27.68
27.18


25.62 26.56


25.48


26.54


23.52 25.56


21.52


23.46


26.62 26.62
26.54 26.38
25.50 24.38


20., 5


21.25


25.25 25.88
24.75 25.25
23.12 24.75
20.88 23s.L


Heifers
Choice
Good


600.-80Q41
500-900


Standard-All


Cows


- All


vte.


26.
25.90 25,.


22.18


25.88


24.62


26.62


22.75 24.94
19.75 22.50


24.75
22.72
20.25


weights-


25.05 26.09
22.59 24.22


23.34


21.25


25.00 25.58
25.00 24.25
20.50 23.12


Commercial


Utility
Canner & Cutter


16.68


19.91


14.25 18.
12.30 16.


16.25 19.88
14.65 18.38
12.05 16.50


15.82 19.25


14.40
11.90


18.12
16.06


16.72
15.09


18.75


11.94 16.


16.70 19.75
15.30 18.53


12.45


16.25


Bulls


- All


vts.


Utility
Calves -


Choice
Stand..
Vealere


& Co'l1.
500# dn.


20.58 24.12


18.51


23.10


& Good


- All


Choice & Prime


Stand.


& Good.


21.00


19.78 21.50


19.18


26.00


22.98


- 27.50
-- 23.00


20.05 235.


wts.-


35.88
29.25 29.62


27.20 29.50
25.70 26.50


26.70 27.50
24.20 24.00


- 29.00
- 25.25


22.25


24.50


-- 50.00
25.58 26.75


28.50


Feeder and etocker cattle and calves


Steers -
Choice
Good.
Medium
Heifere


Choice


Med.
Cows
Med.


Calves


& Gd.
- All


500-800O


500-1000


500-750


29.55 30.00
26.60 27.69
25.55 24.50


-- 27.75


-- 24.


26.25
25.95


30.19
27.50


20.95 24.00


25.55
20.50


27.50
24.25


28.50
25.50
22.25


25.75
22.75


irte .


15.50 19.00


16.75


50.75
26.00
25.50


25.75


20. 00


24.75
21.50


25.18
20.94


28.50
27.25
23.75


26.25
25.75


14.88 19.


24.19
21.69


23.25


21.50


14.19 19.


- 300-o500-


Steers -


Good & Choice


-- 54.50


Heifers -


San r


28.80


flaaA ft. flksL*a at a s U tt a a. I I Zt Iii I S~ 'W3 s. I *r .3 ~t U .Jfl a5 *


55.00


51.75


56.25


50.06


55.50


nfL U inf am A -f


27.00


31.00


ni ~n


,,


all rr


^^^ nn/


a


mm A


Al FA


rrn n~







I
I0
1-4

I0$

I





10u


02


I.


uIl


jn) cta

4110 ~


tO tO 0)
rririH


WC'2Or
NO~CDb
ft S


Pcc
a, rL~g


I" ..


I* < I

. I.... I
* ** S ** **


Stoa


II


I. *

DS HI

| ** **|

d0s; alj
41U
I cnI


I I
. S* .. C. .


i1jv I.02

01 (S In elEI


os


ml I In 4
=I* f*55 0*
u- U, 2
loto






I Ip' I7~'o




I 'dl




anI ,I



I II

I bIb4 Hg


Od NN
02H0


otlow
cOD t L
ft a 9tc
to b) t


CD Or4

(( ct t ft S


coa
fStCO
,roc cci
* ** Me
(023

*n a. .4


021021
S ft
.., .**
N W W

e* 6* ** *i*


HHDic
ft ft

** sa04 5


..1 i- .. .
. .4 ***S






(0 <0 1
*

-cc- *
*5 t 5


r10o
HOW

HHH
** ** **s


?4~a" o O
*~ ~ ftS ftf f






t t .c .t f

a. 3 .4Chr *4* *- a. S. I
riflr 0t C


-* t- t t -








St* S* *I *
2 8 02


>.


~ft ft
tO LI)
Hllr


LOO




H~ri


00@,
10 10 H



* *




000
* 9 t




4HH
oo1^1
** ** *

Coo
0 0 00
V10 U)


crr LO c3
* *
men ^
i- *


l4l4


5 at .
ft *I Ho

HNH
sa4 V
?D1


Hrtr4t
S. 55 @ a. *


aS I


~$II

=1 I


.* *54 Sa ..* l I
I* I I'
i si t I!


I
*5e* a. at .a 4


ft t f f ft S:
~~'Ott)


CDCD34
Hr-4
ft ft


O)H
ol3e')R
Ft Ft


5* t 04 ** *0 **

ft ) SCJ

Hrrlrri Hl


tocc.J
S S S Sr
U) tO K) C


101002
Oto to t
S S=1


ftOO ft f t t f
H~r~rI rI~r-


I

.4,
'-4J


HL-D7 go
O1'CI
9i~= 9


-5. OU) 5* 54 t a. -t asa 45* **C t*S


HrlrlFri u-lu-e


10)02

Ir qr 4


ct ft St ft


throat
'go)J


tO 10 H

5* ***5 *


ao0tO

ft ftr 9


t5sI100U


to1~ to
rlrlrI I


Ib%4

: ad

192


02110W
eQ V C') I
* S ft1


r4r4Hri


I I


o3tocn
oJL~r-
* S
00)02l
u-Itl
*5 5 S
* Si~


M(30 tOL)LOV Ij
ft~ S f S f

4 ~11F? = =1I


Hlrlr4H






&~ aS uS
H[1rlr4
* 0)0)01
itolr


. *5. .. .. el

S* II
(0(D 1


Woe,3
H~cfl
* f

gjrO
a. .4*; 5

* ft~
(0(0W
Hteir-

01010


nn* C. CS 545 ** *f t4 ** *Sd

m-w w all
rHHri i rHH44 mH


100 u-I


ft ft
'=rN


ft 9
cgcg
a. .. a


uII
5* C. CS


4mNO

I~~I
rHO

IWo
19


n ml
HOC)
HH0(\


(00) 81
ft 5 9 *if

6 CS *5 j

00[U
?1~? w9'
D0 al

r]s-tv''


~S9~






HOGS:


AVERAGE COST. WEIGHT. AND NUMBER OF PACKER AND


-.~rr a aa aa a ----- -- -- -- -- -


Week ended


* Chi-


St. S


Louis
Natl.
Stock
Yards


n-a--n-s


AVERAGE COST


------------------------ -------


Kan-
sas
City


Omaha


Sioux
City


Dollars per 100 pounds


I S.
! St.
SJoseph
i*
I


SHIPPER PURCHASES 1
i e* nsfaa aeafla t e -e -7


St. i Indian-
Paul apolis
II I~~B q+Im+al ld4 a4 l


/
-af


I 8-
* mkts.
* com-
bined


Barrows
and
gilts

Sows


NOr.
Nov.
Naov.


14,1959
7,1959


Nov. 15,1958
Nov. 14,1959


Nov.


7,1959


12.95


18.81
10.26
10.48


Nov. 15,1958 16.29
AVERAGE WEIGHT --


Barrows
and
gilts


Sows


Nov. 14,1959


Nov.


7,1959


Nov. 15 1958
---- a ----


Nov.
Nov.
Nov.


14,1959
7,1959
15 1958
a -


NUMBER OF HEAD -


229
230
2530
432
433


13.12
13.10
18.91
11.02
10.85
16.52


12.49
12.55
18.34
10.55
10.62
16.55


12.69
12.69
18.15
10.45
10.76


17.99
9.96
10.70


12.68
12.76
18.17
16.65
11.10
16.52


12.46
12.79

10.44
10.96


13.25
13.26

10.56
10.49


Pounds


223
222
227
dl .l -a --- e 1


452
------a- e e


232
422
416


252
230
25533
419
424


an a426 455a


255
- a -


229
--a*


12.77
12.87
18.44
10.46
10.75
16 56


228
227


air11


437
456
an as/a


416
415
.--.42.7


Barrows
and
gilts

Sows


Nov. 14,1959


Nov.


7,1959


Nov. 15 1958
Nov. 14,1959


Nov.
Nov.


7,1959
15 .1958
an a .15J. saci


36315
45280
46970
4705
5242
5977'
--**- ll


SOWS


55935
70212


15009
18122


48707 12551
5711 1515


6074
- _49..


1508
.-..9.a


49860
49810


56577
47592


45175 45690
5465 4255


5454
4976


5717
4104
a -II -l as+l I


50041
355242
24776
2797
2775
ac1-


54192
60959

8597
7870


50025 527954
34017 5570(4
-.. ..2199..
5966 56811


4454


Percentage of total


57072


2L~2er~n.
a


Nov.
Nov.


14,1959
7,1959


Nov. 15 1958
1/ Weighted average.


.- a -i...a -


Embargo.


WEEKLY AVERAGE WHOLESALE VALUE
FROM 100 LB. LIVE HOG. COMPARED WITH
r n-a rrr~ r a2~~ *ll c n a a a a -r a


Hog products 1/
-----------rr .lrr........ -- -- -- -- -- -


* Hoj
----as.


OF HOG PRODUCTS DERIVED


PRICES


OF LIVE HOGS, CHICAGO


------'--- a S -`---pad-------------
en fl Gross spread
g prices or margn 3/
rn--at-ca-sIIII a1 n s -aaa c


Nov.
Nov.
Nov.
a a a a


1959
1959
1Q09R


$15.57
15.44
21.59


$13.22
15.21
19.17


$2.15


* .5 a a a es. -'- 5- a.a.aa a-- ns a .. a .. .--- C a as. a .


1/ Value of all edible products, fresh basis (lard rendered) in 100 Ib. of live hog com-
puted from wholesale prices on carlot basis, Chicago, reported by National Provisioner


daily market report.
2/ Mean of daily quotations on U.


Iio. 1


2 and


3 hoges


200-220# wt.


Chicago.


T/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN


Week ended


1I


Barrows and
gilts
Dollars per
100 pounds


Corn. y/
No. 3, yellow
Cents per
bushel


S S


PRICE RATIO
Hog--r---
Hog-corn


price ratio
based on
barrows and gilts


A?25.


____39_8








STEEP AND AMBS


WEEKLY AVERAGE


In dollars per


Obi~cago


t


Qualm


OF DAILY QUOTATIONS


100 pounds


:Kansas
: City


: Fort
t Worth


Ogden


Nerth
Part.
Land


SIAO ER LAMBS


Choice


Good


Now.
Nov.
Nov.
Nov.


(Wooled)
14, 1959
15. 1958


1959
1958


- All Its.
19.02
22.75
17.95
21.25


18.55
21.81
17.60
20.84


18.58
21.38
17.55
20.75


18.25
21.75
17.75
21. 00


18.78
22.531


18.06
21.22


20.55
16.65
19.65


18.44
20.55
17.88
19.50


(Wooled)


- All wta.


Good and


Choice


Cull anad
Utility


Nov.
i .
Nov.
NOV.


1959
1958
1959
1958


4.15
6.75
3.25
6.50


5.12


7.75
5.88


6.00


4.25*


6.75
5.50*


5.50


i.i-
5.69*


7. 50*


7.88*
3.72*


5.75*


4.12


8.00
2.62


5*175


5.00


8.25
5.50


5.50


FEEDER MBS


Good and


Choice


- All wts.


Nov.
Hao.


1959
1958


18.58
22.88


16.62
21.00


18.44
22.75


16.20
20.88


15.75
17.88


6hoan basis.


UNITED STATES FEDERALLY INSPECTED


SLAUGHTER BY REGIONS


OCTOBER


1959


- WITH COMPARISONS


(Thousand head)


Region


-- m

----


: ~Cattle
- 1'959 T


'958 : 1959


- _- -. .
T: 958 :-1959 : 195r8-:1l5 9r8


N. Atlantic States..........
S. Atlantic States..........


Ne.


States


N.C. States


N.C.


States


- Eastern......
- N.Western.....
- S.Western..,..


295
1,406
2,805


275
1,405
2,456
525


S. Central


Mountain States


Pacific States......


Total.


1,586


1,647


6,646


5,911n


1,200


1,151


Other


Horses


animals slaughtered under Federal inspection,


7,706


Goats 8,126;


October


1958


-Ilr


Data furnished by Agricultural Research Service.
1/ Not available for publication.


(number of head)


10,958


October


1959-


; Goats 50,4935.


Classification


States ,,,.,,,,,,


t
Dsnorrr


AWES :







WHOLESALE


MEAT


TRADE


REVIEWS


NEW YORK Nan-locally dressed Sup-
plies of steer beef, veal and pork were nor-
mal. Cow beef, calf and lamb receipts mod-
erate to mostly normal. Trading was very
active for steer beef rounds, however, demand
was only fair for short loins and hips conse-
quently liberal supplies of steak cats were
on offer. Demand was poor for beef hindquar-
ters except fair on Choice 145-165# hinds.
Trading was fairly active for steer and cow
beef chucks, steer ribs 40# down, veal car-
casses and pork cuts. Calf foresaddles were
in fair demand, but outlet for hindsaddles
was poor. Demand was generally fair for
lamb cuts, but poor for carcasses. Compared
with Friday the week previous: Steer beef
carcass prices 50# lower; cow beef $1.00 off;
veal steady; calf steady to weak; lamb $1.00-
2.00 lower; pork loins fully $2.00 off; other
pork cuts steady.
Locally dressed Production of fresh
meats was normal except Wednesday when the


holiday was observed.


Kosher steer and veal


forequarters sold steady; kosher calf and
lamb prices were generally weak. Prime steer
hindquarters steady, Choice steady to mostly
$1.00 lower; ribs steady to weak; arm chucks


mostly 50-$1.00 higher;
lower. Veal hindsaddles
higher; calf hindsaddles
loins closed $2.00-5.00
fairly active far steer
Demand was fair for veal


lamb $1.00-2.00
sold steady to $1.00
steady to weak. Pork


lower.


Trading was


arm chucks and rounds.
, pork and calf hind-


saddles. Outlet was narrow for bulk steer
hindquarters, loins, ribs, and calf foresad-
dies. Trading was uneven for lamb. Demand
was fair for lamb legs, and chucks, but poor
for middle cuts and particularly lamb car-
casses.


CHICAGO


- Fresh meat supplies mostly


normal for the holiday week. Good and Choice
carcasses over 700# comprised the bulk of
beef supply. Bulk of the lamb graded Good.
Beef trading was only moderately active at
best and prices declined. Beef chucks,
rounds and ribs under 50C sold slightly
higher, however, these upturns more than off-
set by substantially lower prices on slow
moving ribs over 50# and all weights and
grades of loins. A moderately active veal
trade at Whe outset slowed and prices closed
lower. Lamb declined for the fourth straight
week in a slow trade. A fairly large carry-
over of primal cuts from the previous period
proved bearish on the local market. The
fPrnh nnrrlrk ted was oAnTiarnlI dulal. althnnwh


2.50 lower; Boston butts 4-8# and spareribs
5# down steady to $1.00 lower.
Choice and Prime squarecut beef chucks
brought $41.00-45.00; comparable rounds
$52.50-55.00; Prime loins $77.00-91.00,


Choice $64.00-76.00; Prime
Choice $50.00-56.00; Choice
style chucks $42.00-44.00.
dies realized $55.00-58.00;
57.00; loins $52.00-56.00;
53.00; stews $22.00-25.00;
55.00; chucks $25.00-30.00.


PACIFIC COAST


ribs $56.00-60.00,
and Prime kosher
Lamb hindsad-
legs $55.00-
ribs $48.00-
shoulders $532.00-


- Beef supplies fairly


plentiful at most points on the West Coast
except Choice steer carcasses under 650#
rather limited in California, Calf was in
moderate supply in California but out of
stock in the Pacific Northwest while veal was
moderate. Lamb was in moderate supply while
fresh and cured pork cuts continued liberal.
Prices compared with last week s close:
Steer beef steady to $1.00 lower; cow beef
weak to $2.00 lower; calf and veal steady;
lamb steady to weak, some sales $2.00 lower;
fresh pork loins weak to $5.00 lower; other
fresh pork steady to $1.00 lower except for
spareribs $4.00-5.00 lower at San Francisco;
smoked skinned hams uneven, mostly steady with
instances both $1.00 lower and $1.00 higher;
other smoked pork and lard steady to $1.00
lower.
Choice steer beef under 650# cashed most-
ly from $41.50-47.00, 650-700# $41.00-46.00,
sales to $47.00 at Portland; 700-800# $59.50-
44.00; Good under 700C $38.00-45.00; Stand-
ard $536.00-42.00; Commercial cow $32.00-56.00;
few Standard $57.00 at San Francisco; Utility
$50.00-55.00; Canner and Cutter $26.00-51.00.
Good and Choice calf under 500# ranged from
$44.00-53.00; Standard all weights $42.00-
48.00; Good and Choice veal under 150# $48.00-
57.00. Choice lamb under 55# cashed from
$59.00-44.00; Good all weights $57.00-42.00.
Fresh pork loins under 16# sold from $59.50-
47.00, bulk $40.00-44.00; fresh skinned hams
under 18 $59.00-46.00; Boston butts under 8#
$55.00-58.00; spareribs $55.00-40.00;
smoked skinned hams under 18# $41.00-50.00;
sliced 1# packages of bacon $57.00-45.00;
smoked picnics under 8 $29.00-55.00.

CARLOT I~AT REPCRT Trading was moder-
ately active on steer and heifer beef but
slow on lamb carcasses. Prices on steer
beef mostly 50-$1.00 lower, although Good
ma4Es* hana a4. nflw. Lhal a ^ .Aw nA. n4 I,4--








WHOLESALE DRESSED MEAT PRICES:
(In dollars


WEEKLY AVERAGE OF DAILY QUOTATIONS
i per 100 pounds)


New York


Chicago


:s San Francisco


: Los Angeles


Classification


: Nov.


Nov.


s 1958


: Nov.
14
: 1959


: Nov.


: 1958
r- -


: Nov.


t 1959


: Nov.
s 15


: 1958


: Nov.
14


: 1959
----r


2 Nov.
15


: 1958


Steer


beef


Prime
Choice

Good
Standard
Cow beef,


700-800#
500-600
600-700
400-600
350-600


all wts.


Commercial


Utility
Veal -


Prime
Choice


Good


90-12o#
90-120
90-120


47.50
-
45.69
45.44


56.75
55.50


60.50
49.00
45.00


47.00
-
45.25
42.69


40.00
58.25


57.25
52.75
49.75


45.08
45.08
41.17
59.67


50.25
28.85


54.67
49.67
44.55


45.08
44.55
44.553
42.33
41.17


56.25
35.83


52.50
49.00
46.50


44.50
42.50
45.75
40.00


55.50
51.50


55.00


45.25
42.88
44.00
39.50


57.50
36.50


45.50
41.85
40.50
58.50


55.50
51.50


44.00
42.17
42.00
40.355


57.17
57.17


55.00


Pramb -
Prime


Choice


355-45#
45-55
45-55


55-65
Good, all wts.
rk Fresh -


Loins


8-12#
12-16


Butts


43.50
45.00
42.00
41.25
41.25


41.50
40.50
55.00


55.00
53.00
49.65
48.00
50.00


52.00
50.75
41.75


41.25
39.56
38.75


37.56
56.75
29.25


50.50
50.00
49.00
47.50
46.50


48.56
47.51
57.25


41.50
40.00
40.00


45.10
43.10
57.20


46.50
46.50
45.85
44.16


56.00
56 .00
46.00


45.00
45,00
40.00
40.00


42.85
42.85
55.50


49.55
49.55
46.85
46.50


55.00
55.00
44.00


Pork


- Cured


Hams, smk.


12-16#
16-18


45.25
41.25


55.50
55.00


47.25
46.50


56.55
55.75


48.00
45.00


54.00
54.00


45.50
45.00


55.50
54.00


Bacon,


Sliced,


Picnics,
Lard, 1#


smk. Slab


8-10
1# pkg.
smik.,4-8#


29.00
50.50
57.50
30.51


43.50
49.00
55.25


31.50
50.25
59.25
355.25


49.55
46.50
55.00
59.33


41.80
51.00


carton -


56.00
54.00
57.50
58.00


41.00
51.50


45.50
45.00
55.00
56.50


Refined


Note:


15.25
- -


15.50
-----


Quotations at New York exclude


12.83
- -, -


15.50
-----


15.50
----


locally dressed fresh meats.


20.50
-----


13.75


18.50


Variation in prices


some


cured pork cuts between Chicago and New York due in part to differences in processing and packaging.


BULK PRICES


- CARLOT BASIS


- WEEK ENDED NOVEMBER 15, 1959


Classification


Steer


t Chicago
*D


Prices paid F.O.B.


----------r~


----
- Qmjh~


Prices delivered


- --
S taw


beef


Y ork
Iork~


I Philadel hia


Choice


Good


600-700#
700-800
800-900
500-600
600-700
700-800


41.50-42.00
41.00-41.50
40.50-41.00


39.50-40.00
59.50-40.00


Heifer beef


40.50-41.00
59.50-40.00
59.00-40.00


58.50-40.00
57.00-59.00


40.50-40.
59.75-40.
59.75


58.50-59.75
58.25-59.00


42.75-44.00
42.50-435.25
42.00-42.50
41.50-42.50
41.00-42.00
40.00-41.00


44.00-44.50
45.00-45.50
42.50
41.00-41.50
41.00-41.50
41.00-41.50


Choice


fltti


500-600#
600-700


40.00


59.50-40.00
anf fin\ n enr


58.50-41.00
58.00-58.50


59.50


59.00
flnr an Qn lc"







BOSTON


WOOL


MARKET


REVIEW


Sales of greasy domestic
wools amounted to about 6 cars
primarily for medium grades.
limited due to small supplies.


vanced
steacy
volume
greasy
sCOure
tion.
noils
A few


on medium grades


a


worsted
with demand
Trading was
Prices ad-
nd were


to firm on fine wools. A fair
of pulled wools was sold with long
wools sold for combing use and
d wools moving into woolen consump-
Movement of scoured shorn wools and
was very dull and prices were weak.
cars of 12 months wool sold in Texas


r


New Zealand
Oil-combed
- $.93 10O
- .87 114
- .86 128
- .85


- $.84
- .83
- .82


South Africa
Oil-combed Scoured yields


- $1.09
- 1.07
- 1.06


- $1.05
- 1.00
- .94


while tra
was slow.
Cabl
cated fir
steady to
principal
nent and


ding


in the other primary areas


ed reports from Australia ind
m prices early in the week b
weak at midweek. Japan was
operator with England, the C
the United States supporting.


Some reports from South Africa indicated
firm prices, while others showed prices
uneven as Continental buyers dominated.
New Zealand opened on Monday with quo-
tations about 2 percent lower as the
Continent dominated. Occasional small
sales of new clip wools were made in Monte-


video


, while activity in Buenos Aires was


very dull.
Fleece Wools Graded 56/58s staple
and good French combing fleeces sold at
$1.13, while 50/54s staple wool brought


li-
,ut
the
aonti-


Monte
Clean
60/64s
58/60s
58/56s


. Super
Basis
- $1.08
- 1.06
- 1.05


Carpet Wbols


Buenos Aires
Firm offers
Greasy Nov.
36/40s 77-78t
Scoured Nov. 76t


- There was a little


trading of mostly off wools as New
Zealand types were held steady and
Buenos Aires wools strong during the
week. Buenos Aires November second
clips were quoted around 77-784 while
New Zealand carpet fleeces were priced
at 853 and crutchings at 774, clean
fibers present for shipment.
Woolen Wools Sales of woolen
wools follow:
Scoured Pulled Domestic
64/62s white 1-2" $1.20


$1.07-1.10, clea
fleece lambs woo
clean cost around


fine,
sold f
T
age to


'errit
good
rom $
exas
good


combing 12
$1.20-1.25


ory
Frenc
1.22-
Iools
Fren
month
clean


Mohair A
sold in Texas at
$1.46j-1.51 for
A small volume o


for
Some

supe
basi
repo
wool
yiel
*


n basis. Medium grade
1 sold at an estimated
,d 84#.
bols Original bag bulk
h combing and staple wool
1.25, clean basis.
- A few cars of bulk aver-
ch combing and good French
s wool sold in Texas around
basis, delivered Boston.
small volume of mohair was
$1.01-1.5O for adult and
kid hair to the warehouse.
f kid mohair was purchased


domestic consumption at $1.65-1.70.
mohair was bought for shipment abroad.
Foreign Wools New clip Montevideo
r 60s sold for shipment at $1.01 clean
a, American yield, in bond. Cabled
rts at week's end follow with combing
s converted to clean U. S. oil-combed
ds and short wools to scouring yields,


56/5
56/5





Aust
B.A.
B.A.


56s Light stain 2-3" 1.05
Greasy Pulled Domestic
(Clean)
58s Ch. white 2?-5" -$.12
8s Lt. Def. 2~-5" .97
8s Lt.Defect. 2-35" .93
Scoured Shorn Domestic
58s Lambs good color $.93
56s 1-2"" .84-85
Scoured Pulled Foreign
(For shipment)
. 58s Av. 5" oh. white $1.
58/60s Lambs ch. white 1.
50/56s Lambs ch. white 1.07-1


Noils
Clear fine French
Av. style fine French
Clear dom. combed 64/70s
Aust. nobles


CLOSING FUTURES QUOT


NATIONS No


25
16
.08


$.76
.72-75

.84

V. 12,


I


q






LAMB TFEDING SITUATION,


NOVEMBER 1,.. 1959


LAMB FEEDING EXPECTED TO BE ABOUT SAME AS LAST YEAR


The number of


market is
Reporting
slightly,
earlier.
to show a
areas of


sheep and lambs to


be fed for the winter and early


expected to be about the same as last year, according to
Board. The number to be fed in the Corn Belt is likely
however several Corn Belt States will feed more lambs th
Sheep and lamb feeding operations in the Western States
moderate increase. A decrease in lamb feeding in the wb
the Central Plains States is indicated. Volunteer wheat


very little early fall pasture and seeded wheat


will furnish only


th


spring
e Crop


to be down
an a year
are expected
eat pasture
furnished
limited feed.


Pric
levels.
feedlots
the Corn
feeders 1


es of
Some
than
Belt
ater


feeder and fat lambs have
Western range sheepmen indi
usual due to the slow feede
are generally abundant and
in the season.


been running well below the 1958
cate they are putting more lambs in
*r demand. Feed grain supplies in
further interest may be shown by


LAMB CROP


AND INSHIPMENTS UP


The 1959 lamb crop was 2 percent larger than in
the 1948-57 average. The lamb crop in the 11 Western
and Texas, was 3 percent more than in 1958 but the 19
sheep States was about the same as the previous year.
frcn July through September vas 10 percent above the
Inshipnents into 9 of the Corn Belt States for the pe
ember were nearly 2 percent above a year earlier.


1958 and 10 percent above
States, South Dakota,
59 crop in the 35 Native
Sheep and lamb slaughter
same period in 1958.
riod July through Sept-


CORN BELT DOWN


The number of lambs to be fed in the Corn Belt


is expected to


be smaller


than a year earli
Belt States. Fee
while Ohio, Michi
feeding operation
the same or fewer
is expected. Mos
number to be fed
early fall pastur
pasturing in most
wheat had a good


er, with most of the decrease
ding in Illinois and Indiana
gan, and Wisconsin indicate s
s. States in the Western Cor


sheep and i
t of the dec
on wheat pas
e in Kansas,
of the west
start and is


grazing of newly seeded wheat


occurring in
will be below
ome increase :
n Belt expect


ambs except in Minnesota
rease in the Western Con
tures. Volunteer wheat
but seeded wheat is now
ern third of the State.
furnishing some pasture
is limited.


where
n Belt


the Western Corn
a year earlier,
n sheep and lamb
to feed about
a slight increase
States is in the


furnished very little
becoming available for
In Nebraska, volunteer
for lambs, while the


WESTERN STATES UP


Sheep and lamb feeding is expected to be on an increased level for the
Western States. California, Oregon, and Arizona indicate increases, while
Texas, Colorado, Washington, and Wyoming will have about the same number on
feed as a year earlier. Montana, Idaho, and New Mexico expect to feed fewer
sheep and lambs. Feed grains are in adequate supply in Colorado but hay
is scarce in the Arkansas Valley. An excellent beet crop was obtained
si & t an 1. st1-. --- A A555a, AX.A9. A.-- JJ A-- -LJ_ _- A A A. -.--. alJ. Si- IA







THE


LIVESTOCK K


AND


MIA?


SITUATION N


Approved by the Outlook and Situation Board.


November 5


, 1959


SU)O(~lR


Livestock production and slaughter in 1960 will increase over


1959.


production may turn down in 1960 but the total number to be slaughtered


will


probably be a little


larger than this


year.


Cattle herds are being increased


rather sharply and some gain


is expected in slaughter over this year's


low rate.


Sheep and lamb slaughter will likely rise next year in line with the modest
gain this year in numbers on farms.


Meat output has


been increasing for two years and wiil probably set a


new high in 1960.


All classes


of meats will be up but


the largest gain will be


in beef.


Consumption this year


likely will reach 161 pounds next year.
those of 1955 and 1956 which were 162. E


>und 158.5 pounds per person and very
Such a rate would still be below
i and 166.7 pounds.


Cattle and calf


slaughter this year is down 6 percent,


and over


million


head


are being added to farm inventories.


increase
increase


for several years.


in slaughter and decrease


Numbers will likely continue to


The expanded production will result in a cyclical


in prices.


Based on the experience


previous cycles,


these changes during 1960 are expected to be moderate unless


extensive drought should trigger heavy marketing.

Slaughter supplies next year will likely continue to be dominated by fed


cattle.
half of
likely.


As liberal supplies for slaughter seem assured at least during the first


1960,


a price rise next spring equal


Fed cattle slaughter


later next year will


to that of last spring is not


come


largely from calves and


light -weight


cattle


going on feed this fall and next spring.


Grass


cattle


slaughter,


including


gains over these


cows,


during the


last half


months in 1959 and prices are


of 1960 could show significant
likely to be somewhat lower.


The outlook for


hogs next year is


supply already in progress and


based largely on


the possibility of


ter next fall compared with this fall.
increase fall farrowings 8 percent. I


Producers


the increase in


a slight reduction in slaugh-
intentions in June were to


:n September producers


in 10 of the Corn


Belt States


indicated


they had not increased farrowings as much as they had


intended in June. These farrowings will influence slaughter through the first
4-6 months of 1960 when hog slaughter will average somewhat above 1959. As a


result,


prices of hogs are likely to be near present levels this winter and


next spring.


The supply of hogs during the last hal


from the 1960 spring pig crop.


The 10-State


a 4 percent reduction in the first half


Last year these


f of next year will come largely
intentions in September were for


of the spring season


3 months accounted for an unusually


(December-February).


large percentage of the


spring crop.


The low hog-corn price ratio' this summer and a rather disappoint-


ing experience with early pigs


the reduction.


However,


the co


in 1959 were the principal factors leading to
rn crop is a record and if there is some shift


to later farrowings next spring the total 1960 spring crop may be down


slightly from this year.
fall and winter of 1960-61


Such a spring crop would mean that hog prices


would be at least as


only
in the


high and perhaps a little higher


than


this fall and winter.


Sheep and lamb numbers increased during the past


years and some further


uain in halnu mand thI 'I vear. T


1 nn hRfi hppn Pn~nllrRPPd hv Rnnrp


?11R PY11Rnfi








MEAT


AND MEAT FOOD


PRODUCTS


PREPARED AND


PROCESSED


UNDER FEDERAL INSPECTION


Week ended -


Oct.


Product


1959


Oct.
17
1959


Oct.
24
1959


Oct.
51
1959


*


Placed


in cure -


Beef 1/
Pork l/
Other l/


4 9 9 9
* 0I 4 0
4 a 9 0


4,177
70,546


1,000#
2,887
72,158


1,000^#
5,246
66,256


1,000#


72,664


Smoked


and!


or dried


Beef _/
Pork I/
Cooked me


Beef.
Pork.
Other


* 4* 0 0 9
* 0 0 0) 9( 0 0


. 4 0 0 4 0


876
55,047


1,789
5,679


791
62,245


1,594
5,089


1,413
48,661


1,772
5,089


1,105
53,115


1,744
5,482


Sausage


Fresh finish
To be dried


Franks,
Other,


or semi-dried


wieners
smoked o


r cooked


7,015
2,810
11,842
12,852


6,738
2,577
11,702


6,786
2,007
12,025
12,262


6,029
2,775
12,306
12,308


Loaf,


head


chee


se, chili,


jellied products.


Steaks,


chops,


roasts


Meat extract.
Sliced bacon


Sliced, other 1/ 2/ .
Hamburger .
Miscellaneous meat produce


Lard,
Lard,


rendered
refined


Oleo stock


Edible


taflo~


0 9 0 .
. 0 0 0 0


0 4 0 0
I 4 4 .


4,007
11,991
67
22,282
5,605
3,962
4,595
45,097
55,490
1,299
5,556


4,009
11,912
94
21,654


5,611
4,745
45,888
55,512
1,521
5,351


4,055
12,120


5,475
5,884


45,154
52,759
1,544
6,056


Rendered pork fat


4,124
11,848


21,086
5,518
3,650
5,084


1,691
5,949


Rendered
Refined


Compound


0 4 0 4 0
0 0 9 0 0 9 9


containing


Oleomargarine
Canned product
use and Dept.


Total I/


1,755
1,015


animal fat 15,294


" 2,511
(for civilian
of Defense). 42,926


* 5


_/ This figure r
have been inspected


presents


1,879
1,095
15,589
2,426


382,851


.inspection pounds"


and recorded more


than


once due


1,659
821
14,299
2,669

50,511


566,182


as some


1,920
1,012
14,174
2,820


381,989


of the products may


to having been


subjected


ton mnTP


than mis


hi s9tit~:nt nrnnessinn t trsntmsntn.


sucrh as ci,


Im nn first..


then


I










Ie~


II I




I


a aft r
0* HtOu


C~rtO44d


tr3 C (U
ri"


to tO23~
ar a
0r4


cD U) N H
% 0*0)


aaI 3


to to3 00~
tO3 C- H~ 0
02


t1 .4
I I
I~ts1
'Cr4
I
~W0tO
I


ar r ao aa
Njo Or qj 'r


tr~cg c00 cg-$
Sft aQ f t )N
H3 020* C


a a
r4 d


.1.. -
443F

c~rij


CO D U) U) (0
Orc~ sU)
aI a
N~i t


tOO c0 H
HU2 0


fI


.4 .. ..
I I
I I
Ia
I .0
MT to<


(I0
02
a,
a1


4'~( 02 NC U
HL3r ri
rl4'Jrl


a)9 t)t-a,
ri


m CO C
DH H
a S.


oato oU Cg
100bEd
H rH


C- U3t) tO H H
C\1e~ cnto t


cgc


r al
H-It'


4'tO0 1
HtJ'


to HHr-


toH HO
a3 a Q
10 r-1 l 0
M -- (


to bto) 1r4
a a
ii tOh
rl~lto


CD 0) Hl to


01


OH, 4'44 t H


C Cd


5- r -I


* *.C 0 9
0)) (
P .CL 0)
Ce,

0) C )
gCnP 0


9 ~ ~ 0 ** C
0) 0)



k.,jtt '
la ~aC)
o5"4;
* .rl .88 5 0'


*t4Q 'Pr4il 1
.4 O 1 i ~YoQ i
*0 0$'-


a 0a
0 5 .,4
hi* pC
6 00)o


hO V
Sri *


n-IC

00Q
540,
00)


~~~pC:







COLD STORAGE HOLDINGS OF MEATS AND LARD,


OCTOBER 51,


1959


Warehouse stocks of red meats totaled 421 million pounds on November 1. This
was a net gain of 15 million pounds from October 1 and compares with a 29 million


increase
increase.
stock lev


for the corresponding period a year earlier;
Although the net movement in stocks was
el was above. Stocks on November 1 were 2


earlier and 14 percent above average. Hol
pounds during October compared with a net
average gain of 15 million. A total of 16
compared with 137 million in storage on No
million pounds. Pork stocks increased 21
gain a year earlier, and nearly twice the
million pounds on November 1; on November
while average stocks are 176 million. Sto
pounds on November 1 were 5 percent above
year this date. Frozen ham stocks totaled
compare with 19 million in storage a month
Holdings of frozen pork bellies totaled 27
cent above a month earlier and 117 percent


dings of
gain of 1
5 million
member 1,


r and 50 million the average
below the historic pattern, the
2 percent above holdings a year
beef were reduced 6 million
4 million a year earlier and an
pounds was on hand November 1
1958; average stocks are 128


million during October, 5 times the net
average increase. Holdings totaled 184
1, 1958 pork holdings totaled 154 million
icks of frozen picnics at nearly 5 million
a month earlier and 19 percent above last
S536 million on November 1. These stocks
I earlier and 24 million a year earlier.
million pounds on November 1, 21 per-
above holdings a year earlier.


UNITED STATES STORAGE HOLDINGS OF MEATS AND
(Includes holdings in public,
cold storage houses and


LARD, OCT. 51, 1959 WITH
private and semi-private
meat packing plants)


COMPARISONS


Commodity


* October : October September October
: 1954-58 4 1958 1959 1959
* av.
1, 000 lb. I, 00 b. l-----b. 1,000 -lb.
1,~000 'lb.~ 1 ,000_lb. 1,0 ~d0~lb^. 1,0 l.O b7


Beef:
Frozen.
In cure


cured


* .
* 4 .


Total


118,507
9,571
127,878


124,558
12,719
157,277


160,477
10,612
171,089


154,784
9,820
164,604


Pork, frozen
Picnics
Hams. .
Bellies .
Other froz
Total .


4
4


* 4 S 4 *
* * *


* p o r
en pork


* *
cut*s. .


109,
109,620


4,570
19,597
22,455
74,817
121,059


Pork in cure or cured:
Dry salt bellies. .
Other dry salt pork
Other pork cuts .
Total .
Total pork .


* 4 4 4 4 4
* a .





5,665
7,415
32,142
45,220
154,561


66,
175,


5,
5,
51,
42,
165,


Other meats and mea
Veal, frozen. .
Lamb and mutton,
Canned meats in c
Total all meats
Lard, rendered and
GOVERNMENT HOLDINGS
Pork.. *
1% -.^


t products:


.* 4 .
frozen
ooler.
* a af
refined
_S/-


* 4
* 4 4 4
* 4 *


,955
,915
,008
,492
,166


7,
15,
52,
408,
95.


517
756
450
239
000


8,158
12,500
51,552
421,160
4/


. 6,247 4,558 2,228 2,003






S. Department
Washington


of Agriculture


Postage


and fees paid


Department of


Agriculture


OFFICIAL BUSINESS


Form AMS-11/17/5 9


Permit


1001.


UNIVERSITY OF FLORIDA

II 1 I II I II II
3 1262 08231 581


University
Documents


of Florida
Librarian


-4-5


Linlirers


Library


LS-CLS


Gain


esvill


* Ftc


LIVESTOCK


PRICES AT CHICAGO COMPARED WITH WHOLESALE AND COMPOSITE RETAIL


MEAT


PRICES AND WHOLESALE AND RETAIL MEAT VALUES


AT NEW YORK


p,
---l
* na4,


: 1959


- -- -- --r
s~ei* r.aii~.


: Sept.:


: 1959
----r


Oct -Oct. :p. t7 Oct. :Oct.


: 1958


: 1959


1959


1958


: 1959


r Sept7:;oc't.


: 1959 :
----


1958
---I


Live


animal


Dollars per


prices


100 pounds


Chicago


0.0..@..


27.85


28.26


27.46


20.52*


21.135


25.76


15.14


13.91


19.26


Wholesale meat


prices,


New York 2/


46.86


48.72


46.40


45.18


47.56


51.80


Cents per pound


Composite
prices,


retail meat
New York 3/


77.74


76.6


78.63


66.77


67.06


70.77


Value


of carcass meat from 100


live


animal


(Dollars)


Wholesale-New York 4


Retail


- New


York


28.12
36.54


29.23
56.01


27.84
56.96


22.14
51.52


51.65


25.58
55.40


19.54
25.54


20.05
26.70


25.87
51.90


1/ Ai. Choice and ?


220-240#


Choice


and Prime


I


stee:


of semi-monthly retail


to their res
lamb carcass


hams,


bacon,


in proportion


rime
hogs.
r bee


steers,
*Choic
f, 600-8


quotations


pective yields fro
and 60.45 lb. of


picnics,


900-1100 11
e grade on
00 lb., an
on various


Choice


and Prime


lambs,


ly for September and October


d Choice


cuts


and Prime


(mnci.


1ard)


m live wight. 4/ 60 lb. of beef
principal hog products consisting


fresh loins,


to their respective


Boston


butts,


spareribs,


yields from live weight.


lamb.


combineH in
carcass, 4
of smoked,


carton


5/ 47.0


and U.


. No.


1959. 2/
Composite


I proportion
9 Ib. of


skinned


lard combined
of beef


b .,


m


--


r