Livestock, meat, wool market news

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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

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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:
AA00008493:00089

Related Items

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


This item is only available as the following downloads:


Full Text







MEAT



WOOL


WEEKLY SUMMARY

AND STATISTICS


LIVESTOCK DIVISION, AGRICULTURAL MARKETING SERVICE
U.S. DEPARTMENT OF AGRICULTURE
WASHMINGTON 25, D.C.


Vol. 28, No. 24


Week ended June


Livestock Market Reviews .i .
Livestock Market Receipts .
Stocker and Feeder Statistics .
Estimated Percentage of Stocker and Feeder Cat
Slaughter Cows in Salable Receipts .
Steer Sale Statistics .
Slaughter at Major Centers . .
Estimated Slaughter and Meat Production .


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tie and
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14, 1960



Page

. 446
. 449
. 449

. 449
. 450
. 451
. 451


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

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


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0*6 0 0 0 0 0 0
* *
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. .
. .


Special to this issue


Livestock Prices and Composite Meat Values, May 1960 .
Meat and Meat Food Products Processed and Canned under
Federal Inspection, May 1-28, 1960 .


452
453
454
455

456
457
458


455

459


Ss-V*waIg







MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Prices on slaughter steers and heifers de-
clined 500-$1.00 at most midwest markets. Sharp
downturns on steer and heifer beef the past two
weeks plus fairly liberal cattle receipts influ-
enced the decline. Slaughter cows sold steady
to 500 higher at most points. Stockers and
feeders closed steady to 500 lower throughout
most of the midwest. Hog prices advanced 25-500
although combined receipts at the 12 markets and
in the Interior Iowa-Southern Minnesota were 19
percent above the previous holiday week and 8
percent above the corresponding week last year.
Spring and old crop slaughter lambs sold uneven-
ly steady to 500 higher.

SLAUGHTER CATTLE AND CALVES Cattle sup-
plies at midwest stockyards were 5 percent above
the holiday shortened period a week earlier and
showed practically no change from the fairly lib-
eral volume of the last several weeks. More
than 50 percent of the week's supply arrived for
Monday's market. Slaughter steers and heifers
made up the bulk of the supply at most terminals.
Good to average-Choice grades continued to pre-
dominate by a large margin. Slaughter steers and
heifers sold on a sharply lower basis Monday at
most markets, and even though receipts were mod-
erate the remainder of the week very little of
the early decline was erased. This decline fol-
lowed a rather sharp price downturn the previous
week. In Chicago the two-week decline on steers
was the sharpest in over a year and the average
cost of all steers fell to the lowest point since
December, 1959. Price downturns on carcass
steer and heifer beef in the wholesale meat
trade at most points had a very bearish influ-
ence on the live market. Slaughter steers sold
254-$1.00 lower, mostly 504-$1.00 off. Slaughter
heifers were largely 500-$1.00 lower. Cows and
bulls were steady to 500 higher at most points
but Chicago and Kansas City were steady to 500
lower. Vealers sold steady in So. St. Paul and
$1.00 lower in St. Louis National Stock Yards.
A load Prime 1206# steers sold at $52.00 at
Chicago with Prime and mixed Choice and Prime
$27.75-31.50. A few mixed Choice and Prime
steers brought $26.50-28.00 at other midwest cen-
ters. Most Choice steers realized $25.00-26.50
with high-Choice to $27.75 at Chicago. Mixed
high-Good and low-Choice steers bulked at $24.00-
25.25; Good $21.50-24.25. Choice heifers bulk-
ed at $24.00-25.75 with high-Choice to 62'.25;
load Prime 1077# $27.75 at Chicago; Good hei-
fers $21.00-24.00. Utility and Commercial cows
sold from $15.50-18.50, Canners and Cutters
$14.00-16.50.

STCOJER AND FEEDER CATTLE AND CALVES -
Marketings of stocker and feeder cattle were mod-
erate and quality as a whole was at a relatively
low level as is often the case at this time of
year. Averare-Medium to low-Choice grades pre-


dominated with a fairly large propor-
tion grading Medium to average-Good.
The grass season is now far enough
along to have dispelled much of the ur-
gency for cattle to fill pastures. At
the same time the continued downward
trend in slaughter cattle prices influ-
enced a bearish demand for feedlot re-
placements. Consequently, trading for
both stockers and feeders often was
slow and on a weaker basis. However,
there was considerable variation in
price trends at the different markets
and several exceptions to the lower
trend. At Chicago, prices were steady
to 50 higher and some southwestern mar-
kets were on a steady to stronger basis,
the trend at Oklahoma City being strong
to 500 higher with instances $1.00 high-
er on Choice yearling stockers. Mean-
while, at Missouri River markets prices
were steady to 50 lower, instances
$1.00 off. Feeder steers 750# up, par-
ticularly of Medium and Good grades,
showed most downturn. However, even
though feeder buyers were bearish, les-
sened competition from slaughterers on
two-way cattle found moderate numbers
of partly fattened steers being routed
into feeder channels.
A few Choice 750-850# feeder steers
brought $26.00-27.00 and one load of
high-Choice, fleshy 905# reached $27.50.
Other Good and Choice 800-1050# feeders
sold from $22.00-25.00, few $25.50; Med-
ium to low-Good $20.00-22.50. Good and
Choice yearling stock steers sold from
$25.00-28.00, few $28.50; Medium and
low-Good stockers largely $19.00-24.00,
few Medium down to $18.00. Good and
Choice yearling heifers brought $21.00-
26.00. Choice 526# stock heifers sold
at $27.00 while a load of Choice 725#
in feeder flesh brought $24.00. Choice
510# steer calves brought $335.00 and a
few other Choice $30.00-31.90. However,
most of the Good and Choice steer calves
were small lots in a $24.00-29.00 price
range. Good and Choice heifer calves
bulked at $22.00-27.50.

HOGS Terminal Markets Receipts
at the 12 terminals were about 15 per-
cent above the previous holiday-shortened
week but were about the same as
the corresponding week a year ago. Con-
sist of the butcher supply was similar
to recent weeks with mixed No 1-3 200-
270# barrows and gilts making up the bulk.
Butchers over 240# continued to move free-
ly at western cornbelt centers. The late
spring and early summer movement of sows





447


to market became more evident with a moderate
seasonal increase from the previous week. The
percentage of sows varied from 5 to 23 percent
at the midwest markets. Although pork loins
moved slowly and at lower prices at some of the
main wholesale centers demand for slaughter hogs
was dependable and prices advanced for the third
consecutive week. Barrows and gilts closed 25-
500 higher with some sales 750 up. Sows sold
steady to 500 higher.
On Friday, U. S. No. 1, and mixed No 1 and
2, 190-250# barrows and gilts brought $17.00-
18.25, largely $17.50-18.00, a shipment U. S.
No. 1, 197# at Indianapolis reached $18.35.
Mixed U. S. 1-3 and 2-3, 180-250W butchers sold
at $16.75-18.00, mostly $17.00-17.75. U. S.
1-3, 270-600# sows bulked at $13.00-15.50.
Prices on feeder pigs advanced 25-50# at
Sioux City and were up 500 at So. St. Paul. At
the latter market Good 130-160# feeder pigs
brought $16.00-16.50, while Medium and Good 130-
160# offerings at Sioux City sold at $16.00-
16.50.
Average cut-out value advantage of U.S.
No.1 over No.3 live basis 200-220# barrows and
gilts was $1.00 per cwt.based on wholesale car-
lot prices of fresh pork cuts at Chicago June 2
to June 8, 1960 inclusive.
HOGS Interior Iowa-Southern Minnesota
Area Receipts during the first half of the
week were moderate and fell short of the fairly
good demand and hog prices moved gradually up-
ward. Marketing expanded after midweek, however,
as scattered rains interrupted field work, and
part of the early advance was erased. Closing
prices were generally 25-50f higher. Sows made
up about 12% of receipts, a slight increase ov-
er recent weeks. U. S. No. 1-3, 190-240# butch-
ers sold late from $16.30-17.15 with a limited
volume of No. 1-2 $17.00-17.50 delivered to pack-
ing plants. Mixed No. 1-3, 270-400# sows
brought $14.00-15.15; 400-550# $12.40-14.65.

SHEEP AND LAMBS Receipts at the 12 mar-
kets were around 3 percent above the four-day
supply of the previous week and 16 percent great-
er than the corresponding week last year. Sup-
plies of spring lambs showed a seasonal increase
as they comprised from 25 percent upward to the
bulk of receipts at the various markets. De-
mand for slaughter lambswas generally good and
prices worked slightly higher at most markets
to close steady to 500 higher. Slaughter ewes
sold mostly steady, but were 50-41.00 higher
at Fort Worth. Feeder lambs sold steady to 500
higher at Fort Worth while the small supply at
other points closed about steady.
Choice and Prime 79-116# spring slaughter
lambs closed at 425.00-24.25, few mostly Prime
424.50-25.50, package $26.00 at Chicago; Good
and Choice spring lambs $20.00-24.00, most
sales $21.00-23.00. Choice and Prime 90-106#
shorn old crop slaughter lambs $19.90-23.50,
mainly i422.00 down, while Good and Choice 80-
117# brought $18.50-20.50, few Good at $17.00.
Cull to Choice shorn slaughter ewes bulked at


$3.00-6.00.
The limited supply of Good and Choice
60-80# spring feeder lambs moved out at $19.00-
21.00, package mostly Choice o21.75 at Sioux
Falls. At Fort Worth Medium to Choice spring
feeders ranged from $12.00-16.50.
In the Interior-Iowa-Southern Minnesota
area the sheep and lamb supply was around 6
percent above the previous week and about the
same as the corresponding week last year.
Shorn old crop slaughter lambs comprised
around 60 percent of receipts, balance large-
ly spring lambs and a few shorn slaughter ewes.
Spring slaughter lamb prices were firm to 500
higher, old crop lambs steady to strong, ewes
steady.
Most Choice 90-105# shorn old crop
slaughter lambs with No. 2 to Fall shoru pelts
brought $19.50-20.50 delivered to plants, few
Choice and Prime Fall shorn lambs $20.50-21.00.
Choice and Prime 80-100# spring slaughter
lambs mainly 425.00-23.50, few lots Choice
to mostly Prime 90-98# $23.75-24.00 early.
Cull to Choice shorn slaughter ewes bulked at
$5.00-5.00.

RANGE AND FEEDLOT SALES


Note: Shrink on most range
sales none to 5 percent, mostly
f.o. b. some with short haul and
shrink. All sales for immediate
less specified.


and feedlot
4 percent
3 percent
delivery un-


ARIZONA, CALIFORNIA, NEVADA, AND UTAH -
Direct trade on slaughter steers and heifers
again slow, weak to 500 lower, the decline
due in large part to additional price down-
turns on wholesale dressed beef. Trading on
stockers and feeders also slow, steady to
$1.00 lower, large number on feed at present
time and declining slaughter cattle prices
contributing to the poor demand for feeders.
Slaughter spring lambs weak to 500 lower.

Slaughter steers: Around 20 loads most-
ly Choice 900-1115# $27.00-27.75, bulk at
427.00 including 3 loads that price in Arizona
for September 1 delivery; 150 loads Good
and Choice 900-1280# $25.25-26.75; mostly
Good 700-1200# $24.50-25.00; Standard and
low-Good 900-1050# $22.00-253.00. Slaughter
heifers: Forty-nine loads Good and Choice
750-925# $24.50-26.50, including 12 loads
mostly Choice 850-925# $26.25 for delivery
during last half of June.
Stocker and feeder cattle: In Nevada
for Fall delivery 700 mostly Choice 375# cal-
ves S2b.00 for steers and $26.00 for heifers.
In California, Good and Choice steer calves
for immediate delivery $26.50-27.25, heifers
$24.50-25.00; Good and Choice 500-825# steers
for up to late July delivery $23.25-25.50;
few lots Good and Choice 900-1025# $22.00-
23.00; Medium and Good 525-750# steers $20.00-
22.00; 200 Good and Choice 500# mixed steers






448


and heifers $235.50-24.00; few loads Choice 525-
600# heifers $23.50-24.00; most Good and Choice
500-850# heifers 420.65-25.00.
Ten loads mostly Choice and Prime 90-95#
wooled slaughter spring lambs $21.75-23.00, bulk
$22.00; 39 loads mostly Choice and Prime with
No 1 and 2 pelts 90-120# $21.50-22.00.

COLORADO, SOU1HLHFN WYOMING, WESTERN NEBRASKA,
AND dEiTELf] KANSAS Continued declines in the
wholesale beef trade tended to slow trading on
fed cattle direct at the feedlots in Colorado.
Fed steers sold 50-75# lower with fed heifers 25-
500 off. Fed steers weighing under 1150# and
heifers under 875# were in best demand. In Colo-
rado 16 loads Choice 1025-1250# fed steers $26.00-
26.25; 95 loads mainly Choice 1075-1500# 425.00-
25.75, mostly $25.25-25.75; 8 loads high-Good
and Choice 1000-1100# 424.75-25.00; load Stan-
dard and Good 1100# $20.00. Nineteen loads low
to high-Choice 800-950# fed heifers 426.00-26.40;
63 loads mostly Choice 875-1000* $25.00-25.75,
numerous late sales 425.25-25.75; 59 loads high-
Good and Choice 900-1025i $24.65-25.00. In Wyo-
ming 2 loads average-Choice to Prime 10509 fed
heifers $26,00.
Trading on stocker and feeder cattle rather
slow as demand was only fair. Western Kansas:
1,000-1,200 Good and Choice feeder heifers to
weigh under 650f at July-August delivery were con-
tracted recently at $24.00. Western Slope of
Golorado: Around 400 Good and Choice 650-675#
feeder steers for Fall delivery $23.75.
In Wyoming along the Union Pacific Railroad
around 17,000-18,000 Good and Choice white-face
wether feeder lambs to weigh 65-75# at delivery
in early October $18.00. Also in Wyoming 2,500
Good and Choice 55-65# ewe lambs for Fall deliv-
ery $18o00.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUT -iESTERN KANSAS Clovis Area Direct trade
dull on slaughter steers and heifers with prices
fully 50 lower. Abundant rainfall over most of
the area tended to curtail stocker and feeder
trade, limited sales $1.00 higher. About 6 loads
Choice 1100# slaughter steers $27.00; 4 loads
Standard and low-Good 650-750# mixed steers and
heifers 424.00-24.50. Fifteen loads Good 700#
heifers $25.00, load 944# $23.50. Two loads
Choice 7-5' fleshy feeder steers $25.50; 2 loads
Good 850* steers $24.00. Three loads Medium
and Good 5-8-year-old cows with calves at side
$190.00 per pair.
Amarillo Area Slaughter steers and heifers
steady; stockers and feeders fully steady to
strong. Three loads Good 900# slaughter steers
$24.50; 2 loads Standard 1100# $23.50. Nine
loads Choice 860-900# fed heifers $26.00-26.25;
19 loads Good 812-900* $25.00. Sales and con-
tracts on stockers and feeders for current to
July delivery totaled 6,000 head. Three loads
Choice 9c-. feeder steers $24.00; Good 7Gt6-&-52#
$23.00-23.75; Good and Choice 575-67t4 $24.00-


25.00, few Choice 460-550# 427.00-28.00; Medium
400-584# $19.00-22.00. Over 800 Good 550-700#
stocker and feeder heifers $22.00-235.00; Medium
400-500# $17.00-19.00, 250 head $22.50; 400
Choice 400# stock steer calves $30.00.

IDAHO, OREGON AND WASHINGTON Prices on
slaughter steers and heifers were mostly steady,
instances 500 lower; stocker and feeder cattle
and calves fully steady; spring slaughter lambs
500-$1.00 lower. Choice 950-1250# fed steers in
Washington $26.50-27.50, including several loads
for up to July delivery $27.00. In Idaho, Choice
1050-1150# steers $25.75-26.50. Choice 775-900#
heifers in the 2 States $24.75-25.50, few $26.00.
Good and Choice 650-850# stocker and feeder
steers over the area $25.00-24.00. Oregon and
Idaho, Good and Choice stock calves for Fall,
steers $27.00-28.00, heifers $26.00.
Slaughter lambs: Choice and Prime spring
slaughter lambs 420.00-21.55 in the 3 States.
Wool: Two Washington wool pools of 1/2-1/4
blood wool 42.03 and 43#. Oregon Lot 25 per-
cent 3/8 blood, balance 1/2 blood 45 delivered
Ontario.

MONTANA, NORTHERN WYOMING AND WESTERN
DAKOTAS Scattered shower activity with precipi-
tation varying from 1/4-1 inch, gave token relief
to critically dry areas of south central, south-
eastern Montana and northern Wyoming. However,
more moisture needed as growers have been trim-
ming down stocker cattle numbers to conform with
reduced carrying capacity of ranges. Recent de-
clines in fed cattle prices has slowed direct
feedlot trade, few sales fully 500 lower prices.
Trade direct at ranches and ranges on stocker
and feeder cattle for future delivery has been
very slow with both buying and selling side in-
clined to wait and watch future developments,
scattered sales steady to weak.
Slaughter cattle: Southern Montana, load
high-Good and Choice 850f steers $24.00; 3 loads
high-Good and Choice 1100# steers *24.25.
Stocker and feeder Cattle: Montana, 120
Good and low-Choice yearling stock steers for
July delivery $24.00. Western and Northern Mon-
tana 750 Good and Choice mixed steer and heifer
calves expected to weigh 420-450# at October de-
livery, steers $26.00-28.00, heifers $24.00-
25.00.
Sheep and Lambs: Slow, feeder lambs mostly
steady to weak. Central Wyoming, sales totaling
4,800 Good and Choice 67-78# feeder lambs for Fall
delivery $17.00-18.00; 1600 short-term stock
ewes first year off the range $25.00 per head.
Wool: Rather slow and weak. Central Wyo-
ming, 10,400 fleece, lar.,ely 1/2 blood and fine
with an edge of 3/8 shorn ewes wool 35 3/8-
56 1/20 per grease lb. Western Wyoming, 5,300
ewes and 1,200 yearling fleece 40. Northeastern
Wyoming, about t0,00# f bulk 1/2 blood and some
3/8 37 1/4-400. Western Montana, 4,500 fleece
fine ewes wool 421 and a fraction.








WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARITETS
: Cattle : Calves : ogs Sheepand lab
Market : June 11 : June 13 : June T1 :-June : June Tl: : June P sj nune t1-: nne-l-
: 1960 : 1959 : 1960 : 1959 : 1960 : 1959 : 1960 : 1959
Chicago ..... ........... 40,152 41,279 195 397 58,620 44,125 5,009 4,193
Cincinnati ............. 5,187 2,896 798 888 9,748 10,625 1,219 1,292
Denver ................. 10,779 9,422 158 111 6,479 4,960 9,518 5,579
Fort Worth ............. 9,896 6,890 2,559 1,566 2,705 2,987 25,188 19,601
Indianapolis ........... 6,071 6,254 987 550 535,619 53,237 1,240 1,265
Kansas City ............ 18,305 12,548 942 705 21,561 15,990 8,106 9,243
Oklahoma City .......... 10,598 5,908 1,505 474 4,811 5,087 4,649 2,141
Omaha .................. 58,564 56,954 573 615 45,454 42,523 12,668 9,255
St. Joseph ............. 16,5360 14,189 654 972 51,889 24,792 6,992 5,502
St. Louis NSY .......... 16,478 11,364 2,211 1,878 58,242 55,457 5,441 4,571
Sioux City ............. 24,737 27,121 956 766 52,069 54,942 5,543 6,961
S. St. Paul ............ 18,919 18,675 4,145 4,341 56,984 49,764 5,555 3,487
Total .................. 214,026 1953,478 15,263 13,265 522,181 522,287 84,508 72,888
June 4. 1960 ........... 204,466 14,631 280,054 82 246
INTERIOR IOWA AND SOUTHERN MINNESOTA
June 11, 1960 June 4, 1960 June 13, 1959
Hogs ..... 314,000 255,000 266,000
Sheep .... 22,200 20,900 22,100

STOCKER AND FEEDER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
----- ----.------ -y----^--- -- -- -- -- --------- ^^ -j---"py ots "----
: Week ended : Month : Five Months
:"June 9 : June2 :-June II-: "May7 : -May :i Jan.-Ray
: 1960 : 1960 : 1959 : 1960 : 1959 : 1960 : 1959
Steers 1001# up ............ 1,299 819 565 2,825 4,588 14,393 25,403
901-1000 ............ 1,448 1,183 1,514 7,661 7,884 43,466 50,269
801-900 ............. 5,590 2,628 3,387 14,681 12,372 68,741 71,548
701-800 ............. 5,485 3,457 3,442 20,038 18,691 87,599 91,289
501-700 ............. 10,287 10,562 6,653 59,850 37,705 220,349 215,289


Total steers
Av. wts. n
Av. cost* "



Tn it n
n H it


n tn c
n n H

n tt n
Total calves


" heifers
" cows


10
n
It
Chj
Kar
Oma
S.
Si
Der
Ft.
Ok
S.
St.
-


markets ...... 19,909
...... 712V3
...... $25.50
Lcago ......... 23.82
nsas City ..... 24.02
aha ........... 25.88
St. Paul ..... 25.09
oux City ...... 25.03
nver .......... 25.56
Worth ....... 22.06
Lahoma City ... 21.30
St. Joseph ... 23.57
Louis NSY ... 23.27
10 markets .... 12,118
" .... 2,805
. U .... 664


Not adjusted for differences in grade of cattle sold at each market.
ESTIMATED PERCENT OF STOCKER AND FEEDER CATTLE AND SLAUGHTER COWS TN SALABLE RECEIPTS

ansas S~.. St. 1Sioux S. St. Indian- Okla.
Week ended :Chicago s s Omaha: Louis: a u : :Denver: I _:Wichita:tonio
t: City O hJoseph: NSY City Paul apolis :Worth City An io

Stockers and feeders
June 10, 1960 2 57 13 14 6 19 5 7 7 70 71 40 60
June 5, 1960 2 56 10 15 7 16 7 10 5 80 64 36 50


June 12,


1959


2


28


18 6 28 5 8 8
Slaughter cows


60 80


June 10, 1960
June 3, 1960
June 12, 1959


5 11 9 7 11 7 22 8 12 20 12 25 20
4 10 6 6 13 6 18 7 10 20 14 18 15
6 12 8 4 8 5 20 7 10 50 12 23 15


18,649
704#
$23.41
24.67
24.95
24.70
22.97
25.05
23.15
21.08
20.79
22.99
23.92
7,956
2,473
574


15,561
736#
$27.77
27.91
27.43
28.10
27.68
29.81
26.67
26.87
26.07
26.56
26.95
7,670
2,488
513


105,035
700#
$24.54
25.06
25.38
25.14
23.33
25.95
24.49
21.70
22.31
24.56
24.32
35,222
14,535
2,161


81,240
731#
$28.52
28.40
28.69
29.11
27.00
29.93
27.49
26.68
27.12
28.37
27.50
24,228
16,538
2,102


434,548
718#
$24.46
24.35
24.68
24.69
23.25
25.75
24.96
25.04
23.03
24.28
23.81
183,344
64,970
12, 0


453,798
731#
$27.79
27.19
27.51
28.48
25.62
29.55
28.13
27.29
26.65
27.28
26.49
170,840
85,663
15,191






450

STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER /

Number of head Percent of total Average weight Average price in
by grades (pounds) :dollars per 100 lb.
Grade ----------------- - - -
Wekended
: June 9 : June Tlf: 7uneJ 9~June fW : T uxe 9 : Jun7es 'e 117 : Tine~9 : T9ne 1T
S 1960 : 1959 : 1960 : 1959 : 1960 : 1959 : 1960 : 1959
CHICAGO


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

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

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

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


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


.,228 677
20,420 21,537
8,846 5,980
845 1,453
19 --
291 67
31,649 29,714

70 -
7,508 8,267
10,017 9,039
1,350 1,001
251 132
19,196 18,439

-65 2i
4,783 6,740
5,608 4,263
920 452
192 114
11,568 11,590
-----------
----- ---
2,507 2,400
3,131 1,615
806 267

68 153
6,512 4,295


3.9
64.5
28.0
2.7

.9


2.3
72.5
20.1
4.9

.2


-----------
OMAHA
.4 -
39.1 44.9
52.2 49.0
7.0 5.4
1.3 .7

SIOUX CITY

41.3 58.2
48.5 36.8
7.9 3.8
1.7 1.0


--- NSAS

36.5
49.6
12.8

1.1


55.9
57.6
6.2

.5


1,240
1,181
1,071
1,075
1,589
1,020
1,148

1,248
1,163
1,088
1,046
978
1,114


1,178
1,091
1,081
1,032
1,126


1,158
1,046
1,055

1,0553
1,078


1,221
1,197
1,089
1,056

952
1,167


1,164
1,102
1,085
1,004
1,128

1,234'
1,152
1,099
1,039
995
1,127


1,108
1,096
1,046

990
1,099


29.09
26.06
24.21
21.28
20.28
19.87
25.535

26.85
25.02
25.51
19.74
17.94
23.83

26.51
25.59
23.79
19.26
17.61
24.06


25.15
24.08
20.14

17.62
23.93


SST. LOUIS NST


375
5,966
624

425
5,390


471
2,234
1,148

105
3,958


6.9
75.6
11.6

7.9


11.9
56.4
29.0

2.7


1,068
1,047
1,004

977
1,038


1,0653
1,039
1,007

975
1,031


26.19
24.49
21,96

19.89
25.99


28.18
27.16
25.75

25.62
26.79


- --------------------- --- .-STT. JOSPR -


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


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


2,8235
3,615
659

7,077


4,045
780
220
31
5,076


3,880
2,988
309
62
7,259



2,270
1,667
95

4,032


39.9
51.1
9.0


53.6
41.3
4.3
.8


-- DENVER


79.7
15.4
4.3
.6


56.3
41.3
2.4


1,140
1,067
1,063

1,096



1,152
1,150
1,106
851
1,148


1,159
1,078
1,058
917
1,119



1,140
1,128
1,026

1,132


25.24
25.55
20.11

25.95



25.45
23.65
18.18
17.24
24.85


27.28
26.12
23.63
22.03
26.64



27.70
26.55
22.85

27.12


1/ Data collected by Agricultural Estimates, and Livestock Divisions, A.M.S.


30.81
28.29
26.94
25.28

23.16
27.96


27.04
25.95
23.22
22.10
26.28

~29'.56~
27.22
26.03
23.57
22.41
26.65


27.27
25.86
25.18

20.84
26.48





451

WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS
Cattle t-Cale : Hogs : Sheep and lambs

City or Area : June 11: June 15: June ll: June 15: June 11 : June 13 : June 1 : June 15
1960 : 1959 : 1960 : 1959 : 1960 _: 1959 : 1960 : 1959


Boston, New York City Area...
Baltimore, Philadelphia......
Cin.,Cleve.,Detroit,Indpls...
Chicago Area................
St. Paul-Wisc. Areas.........
St. Louis Area..... .........
Sioux City-So. Dakota Area...
Omaha Area...................
Kansas City..................
Iowa So. Minnesota.........
Lou l.Evan*1.Nash l.Mph' s....
Georgia, Florida, Ala. Area..
St. Jo'ph.Wichita, Okla.City.
Ft.Worth,Dallas,San Antonio..
Denver,Ogden,Salt Lake City..
Los Angeles, San Fran. Areas.
Portland, Seattle, Spokane...


Total...................... 513,505 269,655

Accumulation to date.......6,790,005


12,125
8,329
18,775
17,931
27,647
15,040
22,801
56,658
14,814
51,350
7,560
8,466
20,550
12,599
20,474
30,225
8,181


10,494
6,957
17,717
22,857
25,391
10,173
18,554
32,738
9,389
29,518
6,095
5,466
17,149
10,686
18,404
21,240
6,867


9,177
2,272
4,795
5,475
14,727
2,274

123

7,573
4,259
4,626
1,571
4,718
207
1,797
575


63,747 57,680 1,045,942 948,760 262,481 202,509


1,536,885


27,338,592


5,474,099


9,566
777
5,695
5,350
13,551
2,301

138

6,102
4,166
2,022
612
4,668
239
2,226
287


54,005
21,581
116,894
55,117
96,882
69,231
84,680
78,527
54,286
251,651
58,245
25,960
45,858
15,900
17,276
25,995
15,878


41,475
26,084
104,509
42,146
92,772
69,693
75,180
66,164
26,554
222,946
553,899
21,123
35,629
16,958
14,448
25,648
15,954


59,402
4,129
17,530
5,886
9,742
5,262
15,285
11,567

27,931


12,599
57,273
24,699
38,895
12,283


54,158
2,415
16,506
4,425
7,561
4,923
11,863
15,410

23,147


7,996
25,067
17,984
24,201
9,055


6,201,247 1,507,011 26,184,232 5,282,512





ESTIMATED------------------------------------------------ FEDERAL INSPECTED SLAUGHTER AND MEAT PRODUCTION
ESTIMALTED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION


-: -- Lamb 2 T
S eef : Veal :(excl. lard) : and mutton :
Week ended : N
I -Nz6i-m1 -P-rod. : u NurnNu
: ber : Prod.: ber -;Prod': ber : Prod': ber : Prod.:
1,000 mil.3b. 1,000 mil.Ib. 1,000 mil.lb. 1,000 mil.1b.

June 11, 1960 ................ 385 229.1 92 12.1 1,200 168.4 285 15.1
June 4, 1960 ................ 3355 199.5 82 10.5 1,015 142.5 225 10.4
May 28, 1960 1/ ............. 389 -- 88 -- 1,255 -- 255 --
June 15, 1959 / ............. 3527 196.3 82 10.6 1,100 157.5 2586 10.9

Percentage change from:


Total Total
meat : lard
prod. : prod.

mil.1b. miil.lb.
422.7 -
562.5 -
-- 40.4
575.1 59.4


June 4, 1960 ................ 15 15 12 15 18 18 27 26 17
June 15, 1959 ................ 18 17 12 14 9 7 21 20 15

.. Average _weight l. i :7

Week ended : Cattle : Calves t Hogs 2 heep
: : :e and lambs :
:-L-ve :Dressed : I-ve:Dresse T ri-e:Dressed : Lve : Dressed -:


June 11, 1960 ................ 1055
June 4, 1960 ................ 1055
May 28, 1960 ................ 1055
June 13, 1959 ................ 1037


595
595
595
600


250
225
225
227


1/ Actual slaughter. V Excludes lard.


Lard
yield
per
100 lb.





14.5





452


CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
North
SChicago Kansas City : Omaha Denver : Portland

Classification June June June June June June June June June June
11 : 15 : 11 : 13 : 11 3 13 11 15 11 13
1960 1959 1960 1959 1960 1959 1960 : 1959 1960 1959
1-960:-9-- __--h ---c-- ---1--11_ 1959e
Slaughter cattle, calves and vealers


Steers -
Prime 900-1100#
1100-1300
Choice 900-1100
1100-1500
Good 900-1100
Standard All vts.


Heifers -
Choices*
Good3*-
Standard


700-900#
600-800
- All wts.


Cows All weights -
Commercial
Utility
Cutter
Canner

Bulls All weights -
Commercial
Utility

Calves 500# down -
Choice
Good
Standard

Vealers All wts. -
Choice
Good
Standard


28.80
29.55
26.12
26.38
23.45
21.40


25.35

20.80


18.05
17.55
17.22)
15.68)


50.62
30.68
28.82
28.60
26.55
24.80



26.05
24.15


21.88
20.70
19.10


25.88
25.88
25.50
20.50


25.52
22.92
19.85


18.38
16.58
15.00)
15.52)


27.52
27.52
26.40
25.00


27.50
25.38
22.88


21.00
19.65
17.00


21.05 25.05 19.00 22.00
20.50 23.65 19.02 21.25


29.90
27.40
21.90


31.80
27.80


24.05
22.00
19.10


25.60
25.60
20.60


28.60
26.10
24.25


31.00
29.00
26.50


28.20
28.20
25.90
25.82
25.02
19.90


25.52
22.82
19.58


17.50
16.62
15.50)
14.50)


29.62
29.62
27.88
27.62
25.50
25.38


27.78
25.28
23.00


21.50
19.75
17.50


18.52 23.58
18.25 22.50


26.50
25.75
21.00


3355.00
30.50
27.50


25.35
25.55
21.95
18.35


25.50
22.05
18.25


18.08
16.62
15.00)
15.75)


27.55
27.64
25.28
22.50


28.50
25.75
22.12


21.25
20.00
17.50


-- 22.50
19.85 25.00


50.00
26.50
24.00


55,.00
30.00
27.00


27.62
26.62
26.00
23.00


26.538
24.88
22.00


17.75
16.00
15.75)
11.50)


29.38
29.00
28.25
27.00



27.58
25.88


20.88
19.25
16.00


22.75
21.25 24.38


25.50
20.50


27.00
25.00
22.00


27.50
25.50


52.38
30.00
26.25


Feeder and stocker cattle and calves


32.25
29.05
26.75


26.70
24.58
20.70


31.30
28.90
25.30


28.00
24.75
21.00


32.55
29.12
26.00


Heifers -
Choice 500-750#
Med. & Gd. 500-750

Cows All wts. -
Med. & Gd.

Calves 300-500# -
Steers -
Good & Choice

Heifers -
Good & Choice


- -- 25.98 29.05
-- -- 20.20 25.30


25.50 29.50
22.00 25.00


- -- 16.50. 19.80 15.50 19.75


-- -- 28.80 54.50 50.00 36.75


-- 25.55 31.75 26.75 54.00


25.38 29.00 24.00 27.00
22.25 25.00 19.75 24.25


-- 19.50 15.75


- 36.00 26.25 30.50


- 33.50 24.25 28.50


*Weight range 600-800# in 1959.
** i 700-900# i


Steers -
Choice
Good
Medium


500-800#
500-800
500-1000


27.50
24.50
21.80


27.50
24.75
21.25


30.88
28.50
24.25


25.75
25.75
20.50


28.75
27.50
24.00







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454


HOGS: AVERAGE COST. WEIGHT. AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
... --- ----- -- -- --- --........................ .. -- ----- -- -......... ............... --
Louis Kan. S. S. 8-
Chi. Nati. sas Omaha Sioux : St. St. Indian- mkts.
Week ended cago Stock City City :Joseph Paul apolis com-
Yards bined
------------------------------ --------I---- --------
AVERAGE COST (Dollars per 100 pounds
Barrows June 11,1960 16.98 17.19 16.44 16.58 16.72 16.58 16.97 17.29 16.88
and June 4,1960 16.67 16.59 16.29 16.25 16.19 16.35 16.37 16.92 16.46
gilts June 13,1959 16.19 16.54 15.87 15.94 15.76 15.81 15.40 16.61 16.035
June 11,1960 13.72 15.97 13.48 14.01 14.25 13.92 14.25 13.96 14.01
Sows June 4,1960 15.80 13.82 13.40 13.87 15.76 15.68 13.90 15.58 13.79
June 15,1959 12.36 12.64 12.28 12.61 12.54 12.74 12.75 12.35 12.58
AVERAGE WEIGHT Pound -
Barrows June 11,1960 240 218 231 242 243 231 240 230 255
and June 4,1960 259 225 251 243 243 230 241 229 235
gilts June 15.1959 232 218 231 234 238 226 258 225 229
June 11,1960 457 94 4235 414 400 585 "86 447 409
Sows June 4,1960 440 393 414 414 408 409 388 452 412
June 15:1959 416 414 411 598 594 396 380 455 400
NUMBER OF HEAD -
Barrows June 11,1960 28,841 51,726 19,690 36,23355 26,,302 28,235 24,606 27,900 2435,55533
and June 4,1960 25,556 47,529 12,949 30,585 54,040 25,916 19,3599 24,551 216,285
gilts June 15,1959 32,049 49,131 14,598 50,544 25,115 21,060 27,250 26,958 226,705
June 11,1960 47516 4,005 1,096 5,791 4,029 2,257 7,217 577 549
Sows June 4,1960 5,295 35,650 813 4,759 5,572 1,677 5,5338 2 5 27847
June 13.1959 7.696 5,486 1184 9 o. 804 2866 13214 403 -51,718
SOWS --------------- ------* ------e~ftoe -- *
SOWS Percentage of total
June 11,1960 15 7 5 14 15 7 25 12 12
June 4,1960 12 7 6 14 14 7 22 11 11
June 135,1959 19 10 8 23 24 12 33 13 19
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG, COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
----------------------------- ------------------ .-----------
Hog products 1/ Hog prices 2/ or marge
----g--arg---n--- ......
June 11, 1960 $19.14 $.17.72 $1.42
June 4, 1960 18.84 17.30 1.54
June 135 1959 18.44 16.85 1.61
1 / Value of all edible products, fresh basis (lard rendered) in 100 lb. 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. S. No. 1, 2 and 3 hogs, 200-220# wt. Chicago,
3/ Difference between wholesale product value and hog prices.
HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
Barrows and : Corn, Hog-corn
Week ended gilts No. 3, yet ow price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts

June 11, 1960 16.98 122.1 15.9
June 4, 1960 16.67 122.7 15.6
June 13, 1959 16.19 129.6 12.5


I/ Simple average price.


Simple average price.





455
SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
- -------- ---- -


isification Chicago Omaha : Kansas
a g o: City :

LAMBS: (Spring) All vts.
June 11, 1960 24.75 25.50 23.68
June 15, 1959 25.55


24.08
26.75
22.92
25.75
- 1-5 lb. down
21.75

ii.oo

S19.50
20.55

6.25
5.85
5.25
5.10


22.12
24.88
20.759
25.90


Choice June 11, 1960
June 15, 1959
Good June 11, 1960
June 15, 1959
SLAUGHTER LAMBS: (Shorn)
Prime June 11, 1960
June 15, 1959
Choice June 11, 1960
June 135, 1959
Good June 11, 1960
June 15, 1959
EWES: (Shorn) All wts.
Good & June 11,1960
Choice June 15,1959
Cull & June 11, 1960
Util. June 15, 1959
FEEDER LAMBS All wts.
Good & June 11, 1960
Choice June 15, 1959


22.50
24.45
20.68
21.75


21.52

20.65
19.75
19.15
18.38

5.55
5.25
5.75
35.88

19.85
20.75


Fort
Worth :


22.20

21.40
25.45
20.40
22.50


-- 17.50j
19.00 17.75
16.65
16.80 16.75


4.65
5.00
53.50
5.75


)enver Ogden


Port-
: land


23.62 22.00 20.31


-
22.58
24.58

22.88


21.25
22.95
2219.88
22.20


20.51
22.58
19.06
21.44


19.80 18.25 -


18.55 16.88


- 5.58


---- 77 -
5.20 4.12
-- 4.30


15.65
-- 17.10


5.12
4.75
5.25
2.25


20.00 18.00
19.75 --


5.00
5.00
5.00
3.25


17.75


LIVESTOCK
MEAT


Live animal prices
Chicago 1/.......
Wholesale meat
prices, New York 2/

Composite retail meat
prices, New York 5/


PRICES AT CHICAGO COMPARED WITH
PRICES AND WHOLESALE AND RETAIL
7 ~ S teers~ ~ "
SMaiy : Apr. May i May
a 1960 : 1960 : 1959 ; 1960
Dollars


29.06 29.29


51.18: 20.96


WHOLESALE AND COMPOSITE RETAIL
MEAT VALUES AT NEW YORK
Eamii-bi Hogs
: Apr. : May : May T Ipr.-
: 1960 : 1959 : 1960 : 1960
per 100 pounds


22.22 23.601 16.52 16.40 16.65


46.80 47.04 52.11: 47.12 47.49 47.39:
Cents per pound

78.62 79.58 79.62: 69.84 68.29 67.04: -
Value of carcass meat from 100# live animal (Dollars)


Wholesale-New York 4/ 28.08 28.22 31.27: 23.09 25.27 25.22: 20.45 19.57 21.17
Retail New York 5/ 56.95 57.40 57.42: 52.96 52.23 31.64: 27.65 26.15 27.70

I/ Av. Choice and Prime steers, 900-1100 lb.; lambs Choice and Prime, shorn basis May 1960,
wooled basis April 1960 and May 1959. U. S. No. 1-5, 220-240 lb. hogs. / Av. Choice steer
beef, 600-800 lb., Choice and Prime May 1959., and Choice and Prime lamb. 5/ Composite av. of
semi-monthly retail quotations on various cuts (incl. lard) combined in proportion to their
respective yields from live weight. 4/ 60 lb. of beef carcass, 49 lb. of lamb carcass and 60.43
lb. of principal hog products consisting of smoked, skinned hams, bacon, picnics, fresh loins,
Boston butts, spareribs, and carton lard combined in proportion to their respective yields from
live weight. 5j 47.0 lb. of beef cuts, 47.2 lb. of lamb cuts and 58.56 lb. of principal hog
products, including lard.


Class

SLAUGHTER
Prime


May
1959


- -,- ___ iiniT-nninliiL ii- -iLiiiLuiiniiuLiL ^ I TH Mim-ir -. -


-


- -






456


WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEWS

EASTERF SEABOARD Supplies of beef were
above normal, other fresh meats moderate to
normal. Poor clearance of beef prevailed on the
Eastern Seaboard with cuts comprising the carry-
over for the most part. Lamb, veal and calf was
fairly well cleared and pork cleanup good at all
points except New York where a moderate volume
of pork loins was left unsold. Trading was
generally slow under moderate to narrow demand.
Outlet for pork was rather poor at New York,
with loins particularly slow moving while all
pork cuts were fairly active at other markets.
Prime steer beef was very scarce but available
supplies ample for limited demand. Most of the
lamb supply was spring carcasses. Bulk veal and
calf sold as wholesale cuts.
Compared with the previous week: Steer beef
steady to $2.00 lower, bulk $1.00-2.00 off; cow
beef steady to 500 lower, the decline at New
York; veal and calf prices were weak at New York,
with most sales in the lower half of the quota-
tion range; veal 50e-$1.50 lower at Washington;
mostly steady, instances $4.00 lower at Balti-
more; but steady to strong, instances $1.00
higher at Philadelphia. Spring lamb sold steady
to $3.00 lower at all markets except at New York
where most sales were steady to $1.00 higher.
Pork loins closed $1.00-3.00 lower at New York
but advanced $2.00-4.00 at other centers. Other
pork cuts sold steady to $2.00 higher, except
spareribs at New York, fully $1.00 lower. Prices
on kosher steer forequarters, veal and calf
closed steady to weak; spring lamb $1.00-2.00
higher.

CHICAGO Downturns on steer and heifer
beef during the current period sent prices to
their lowest level of the year to date. Trading
was generally slow, although demand improved
late. Decline on all primal cuts and narrow
eastern outlets for the second straight week
were the most bearish factors in the carcass
trade. Demand was poor for Good to Prime veal
and prices declined, while Standard veal found
adequate outlet. Lamb trade only moderately
active, however, most primal cuts were in fair
demand. Boston butts and spareribs moved well
on each session, pork loins slow after Monday.
Supplies were normal except veal moderate.
Prices on steer and heifer beef were 50#-
$1.50 lower; cow beef 50 higher; veal steady to
$1.00 lower, the decline on Good to Prime; lamb
steady; pork loins $1.00-2.00 lower; Boston
butts $1.50-2.00 higher; spareribs steady.

PACIFIC COAST Steer and cow beef was
fairly liberal at most all points on the West
Coast and trndinrg was slow. Calf was moderate
but fully adequate at Los Angeles and excessive
at San Francisco. Veal was fully adequate for a


fair demand in the Pacific Northwest. Spring
lamb was also fairly liberal. Normal fresh
pork receipts sold fairly actively while volume
of smoked pork exceeded poor demand. Steer
and cow beef sold steady to $1.00 lower, calf
and veal steady except $2.00-4.00 lower at
San Francisco; spring lamb steady at Los An-
geles, but steady to $1.50 lower elsewhere;
mutton about steady; fresh pork loins $1.00-
4.00 higher; other fresh pork mostly steady;
smoked meats steady to $1.00 higher except
smoked skinned hams instances $2.00 lower in
the Pacific Northwest; lard steady to 500
higher, the advance at Los Angeles.

CARLOT MEAT TRADE REVIEWS

MIDWEST CARLOT DRESSED MEAT SUMMARY -
Prices on carlot steer and heifer beef
declined sharply under limited demand as
supplies were normal. Lamb supplies continued
below normal with slightly below normal vojime
of cow beef. Production of pork was about
normal. Demand was good on lamb and fairly
good on pork products and cow beef. Clearances
were complete except for a moderate carryover
of steer and heifer beef.
Compared with the previous week: Steer
beef $1.00-2.00 lower; heifer beef $1.00-1.50
lower; Utility cow beef steady to 50# higher;
old crop and spring lamb mostly steady; pork
loins steady to $2.00 lower; pork butts steady
to $2.00 higher, mostly $1.00-2.00 up; fresh
skinned hams steady to mostly 50# higher.
Choice 600-700# steer beef closed at
$39.75-41.25, few carlots early $41.50-42.00,
Choice 700-800# closed $39.25-40.50; Choice
500-700# heifer beef closed $39.25-40.50,
some sales $41.00 early; Utility cow beef
$30.50-33.00; Choice and Prime 45-55# old crop
lamb $43.25-45.50, mostly $43.25-44.00; Choice
and Prime spring lamb $47.25-48.75, few car-
lots $49.00-50.50; pork loins 8-12# $44.00-
46.00, closed $44.00-45.00; pork butts 4-8#
$30.50-32.50; fresh skinned hams 12-14#
mostly $41.00-42.00, 14-16# $40.00-40.50.

CARLOT SUMMARY Chicago, Denver, New
York, and Philadelphia. Trading on steer and
heifer beef was slow under poor demand. The
week's trend was 500-$1.50 lower at Chicago
and Denver, with steer beef $1.00-2.50 lower
at New York and $2.00-3.00 off at Philadelphia.
Moderate cow beef supplies sold strong to 500
higher. Spring lamb prices were steady at
Chicago and Denver, steady to 500 lower at
New York, but strong to $1.00 higher at
Philadelphia. Old crop lamb advanced $1.00
at Denver but sold steady at Chicago. Pork
loins closed $2.00 lower at Chicago, but
sales were strong to 500 higher at Phila-
delphia.





457


WHOLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS
Weekly average of daily quotations in dollars per 100 pounds

New York Chicago San Francisco Los Angeles
Classification :- -- --- -:- -- --------
:June 11 : June 15: June 11: June 15: June 11: June 13: June 11: June 13


: 1960 : 1959


: 1960 : 1959 : 1960 : 1959 : 1960 : 1959


Steer beef -
Prime
Choice

Good

Heifer beef -
Choice

Good
Veal -
Prime
Choice
Good
Spring lamb -
Prime
Choice
Fresh pork -
Loins
Butts
Spareribs
Cured pork -


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

500-600#
600-700
500-600

90-120#
90-120
90-120

45-55W
45-55

8-14
4-8
V down


Hams, smk. skd. -(Cook
before eating) 12-16#
Bacon, smoked, sliced -
1# package (box lots)
Picnics, smoked (Cook
before eating) 4-8#
Lard, 1# carton


45.10
44.55
42.35
42.45


58.00
49.50
46.00


52.70
47.70
47.30
45.70
45.95


61.30
51.50
47.00


43.25
41.88
41.12
41.12

42.88
42.88
40.12

54.80
49.80
47.50


53.00 55.90 46.50*
51.95 55.20 46.50*


50.75
36.60
42.20


48.00

45.50


48.05
36.80
47.50


47.68
33.88
58.50


49.50 50.25

48.00 51.25


51.50 31.50 54.00
13.50 12.75 13.25


45.25
43.81
43.25
45.25


55.00
50.00
48.00


45.00
43.50
44.00
42.75

44.50
43.00




52.50


-- 45.25
51.25 45.25


46.25
32.00
41.75


49.75
39.00
48.00


49.25 50.00

51.75 51.00

34.75 52.00
12.50 17.50


47.00
45.50
45.50
44.00


44.25
43.25
42.88
41.58

43.75
42.47
41.25


55.00


-- 47.00
46.00 47.00


50.00
38.00
51.00


49.50
56.* 50
47.00


51.00 50.00

51.00 55.62

33.00 55.00
16.00 15.50


*Old crop lamb. BULK PRICES GABLOT BASIS MEEK ENDED JUNE 10, 1960
- -~ ~ f -" -'" -* -" -" -- e pad~Fo~B --- :;- i5A
Classific tion -c.. ag T -ena v FTOq Q B. : -
Classification _L-- P-ie --------B-
-CMa-o : enver : m-9Nw-Yoa
Ste -ee -- O-I------


steer beer
Choice


Good


Heifer beef -


500-600#
600-700
500-600
600-700
- All weights -


Canner and Cutter
Spring lamb -
Prime 50-4


Choice


Fresh pork -
Loins


41.00-41.50
40.50-41.00
40.00-40.50
38.50-59.00
38.50-39.00
38.00-38.50

40.50-41.00
40.50-41.00
37.50-38.00
37.50-58.00

31.00-52.00
31.00-32.50

49.00
48.00-48.50

49.00
48.00-48.50


39.50-42.00
39.00-40.25
38.50-59.00

37.50-39.50
37.50-39.50

42.00
39.75-40.25

38.00-38.50

30.75-51.50
51.00

46.00-47.00
46.00-47.00

46.00-47.00
46.00-47.00


8-12# 45.00-46.00


39.75-40.00
39.00-59.50
58.75-39.00

57.00- 3.25
56.75-57.50

39.25-39.50
59.25-59.50
36.50-37.00
56.50-57.00

30.50-51.50
50.50-31.50


47.25
47.25

47.25
47.25


42.50-43.50
42.00-42.50
41.50-42.00
41.00-42.25
40.00-42.25
40.00-41.00


50.00-53.00
50.00-51.00
48.00-50.00
50.00-53.00
50.00-51.00
48.00-50.00


44.50-45.50


c -s-de-vier -- -
-r : ladeljhla


42.00-42.50
41.50-42.00
41.00-41.50
58.00-39.00
38.00-59.00
58.00-58.50


41.50-42.50


52.50-54.00
52.50

51.00-51.50
49.50-50.00
46.00-48.50
51.00-51.50
49.50-50.00
46.00-48.00

47.00-48.00


46.69
45.25
45.50
43.00


50.00
50.00

46.12
37.50
46.50


47.00

52.50

335.50
14.97


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


Choice

Good

Cow beef
Utility


45-55
55-65
30-45
45-55
55-65


5^





458


BOSTON WOOL MARKET REVIEW


Trading on greasy domestic wools con-
tinued slow in the Boston market but prices
held about steady. Trading was moderately
active on woolen wools at firm prices while
noils were slow at slightly weaker prices.
Further sealed bid sales of medium wools
were held in the fleece wool States with
prices tending slightly easier. Occasional
clips of original bag wools were sold in
the territory States. Demand was fairly
good in Texas with prices steady.
Cabled reports at midweek from Aus-
tralia showed prices firm with the Continent
Japan and Bradford operating with good
support from all other sections. In the
Argentine, carpet wools found good demand
at strong prices with no change in Monte-
video. The South African and New Zealand
auctions were closed for the season on
May 30.
Fleece Wools Graded 64s staple fleece
wool sold at $1.12 while 60/62s good French
combing and staple brought $1.10 and mixed
5/8s and 1/4 blood fleece wools sold at
$1.05 clean basis.
Results of the Pennsylvania pools of
medium grade fleeces follow: Wayne County
pool 13,000# at 57.160; Northampton County
pool 21,000# 57.77#; Bradford County pool
35,000# 57.760; Northwestern County pool
66,000# 57.210; Bucks-Montgomery County
pool 41,000# 57.79; Armstrong County pool
17,000# 56.355; Wyoming County pool 253,000#
57.09#; Washington County pool 60,000#, 1/4
and 3/8s 56.070, fine Delaine 44.070, half-
blood staple 48.07f, fine and half-blood
clothing 40.07#, all f.o.b.
Territory Wools Choice graded 64s
good French combing and staple territory
wool sold at $1.15, clean basis. Approxi-
mately 400,000# of bulk half-blood with
some fine and 5/8s, sold in original bags
at Belle Fourche, South Dakota around $1.05-
1.07, clean basis delivered Boston, while
bulk fine and half-blood original bag wools
sold in Montana around $1.14 clean basis,
on a core test delivered.
Texas Wools A modest volume of average
to good French combing 12 months wool sold
in Texas around $1.12, clean basis, while
8 months wool brought from $1.02-1.05 de-
livered. Best good French combing and stapl,
12 months wool brought $1.15-1.17 clean
basis, delivered East.
Mohair A little mohair sold in Texas
at $1.0l for adult and $1.31 for kid hair
to the warehouse with dealers estimating
200,000 to 300,000 pounds remaining unsold
in Texas. Graded No. 1 adult mohair sold


locally at $1.50 and graded No. 5 adult
at $1.08.
Foreign Wools The New Zealand and
South African selling season terminated
last week. Crutchings sales will be held
in New Zealand during August. Quotations
at week's end follow with combing wools
converted to clean U. S. oil-combed yields,
in bond.


Australia
Oil-combed
61B $1.24
62B 1.21
63B 1.13
162B 1.06


Montevideo Super Skirted
(Clean basis)
64s $1.09 56/58s -
60/64s 1.06 50/56s -
60s 1.02 50s -
58s .98


$.95
.95
.91


Carpet Wools Trading of spot carpet
wools was limited. Spot yellow Aleppo
carpet wool sold at 60# clean fibers present,
while a white Khandahar wool brought 853
clean fibers present. Buenos Aires November
second clip wool sold around 82-85f for ship-
ment.
Woolen Wools Sales follows
Scoured Pulled Domestic
64/70s i-2 ch. wh. $1.52
64/70s l 2" ave. wh. 1.29
64/70s lI-2" tinged 1.27
64s 2-35" paint wool 1.15
58/60s 5" & up ch. wh. 1.20
58/60s 1-2" spring
lambs choice white 1.10
58/60s 2-35" deep stain 1.03
58s ave.2" fair color seedy .95
shank wool .75


Greasy Pulled Domestic
(Clean basis)
56/58s 35" and up choice $1.12
Scoured Pulled Foreign


Arg. 56/58s l1-5" white
N.Z. 56/58s 2-5" ch. wh.
Scoured Shorn Foreign


$1.20
1.17


Aust. 64s wh. fleece $1.28
Aust. 64s gd. av. lox & pieces 95-960
Noils Semi-clear 64s Aust. nobles
780-"829 e domest nobles 68; 50s N. Z.
X-brea nobles 75--4?.
CLOSING FUTURES QUOTATIONS June 9, 1960
(Furnished by the Wool Associates of the
N. I. Cotton Exchange)
July wool tops $1.411
July wool 1.102
October wool tops 1.446
October wool 1.153





459


MEAT AND MEAT FOOD PRODUCTS PREPARED AND PROCESSED
UNDER FEDERAL INSPECTION

- ---------- ----------------------Week-ended
:Week ended

Product May May May May
S 7 14 21 28
1960 ; 1960 1960 1960
- L.- -- ^ .L --

Placed in cure -
Beef / ... 3,179 3,210 3,047 3,575
Pork 1/ . 61,115 70,188 69,912 62,590
Other / .. 39 65 57 172
Smoked and / or dried -
Beef j/ ... 1,407 815 794 887
Pork 1/ . 45,974 51,201 54,188 49,606
Cooked meat -
Beef. .. 1,769 1,828 1,853 1,879
Pork. . 4,239 5,878 6,360 5,010
Other . 48 46 31 30
Sausage -
Fresh finished. 4,488 4,775 4,722 4,425
To be dried or semi-dried 2,585 2,467 2,603 2,563
Franks, wieners 15,511 14,940 16,442 17,016
Other, smoked or cooked 14,215 14,551 14,441 14,571
Loaf, head cheese, chili,
jellied products. 4,180 4,315 4,592 4,655
Steaks, chops, roasts 12,160 12,273 12,715 12,445
Meat extract. 22 27 25 15
Sliced bacon 1/ 19,596 20,610 20,388 21,208
Sliced, other / 2/ 6,440 6,507 6,597 6,244
Hamburger . 5,820 5,866 3,957 4,279
Miscellaneous meat product. 4,194 3,795 5,662 5,578
Lard, rendered 41,921 45,206 40,959 58,622
Lard, refined 55,894 54,072 28,570 28,864
Oleo stock . 1,583 1,154 1,310 1,550
Edible tallow 6,818 7,406 7,462 7,895
Rendered pork fat -
Rendered . 1,791 1,762 1,622 1,748
Refined . 857 959 729 925
Compound containing animal fat 16,775 14,599 14,439 15,405
Oleomargarine i 2,170 2,249 2,105 1,784
Canned product (for civilian
use and Dept. of Defense). 44,055 44,452 44,903 46,816
Total ]/ . 552,418 571,171 368,203 357,956

l/ This figure represents "inspection pounds" as some of the products may
have been inspected and recorded more than once due to having been subjected
to more than one distinct processing treatment, such as curing first, then
smoking, slicing.
2/ Includes sliced dried beef, sliced sausage, loaves, etc.
Meat Inspection Branch, Agricultural Research Service.







U. S. Department of Agriculture
Washington 25, D. C.


1i iVERC|TY OF FLORIDA


Postag 3 1262 08735 6894
U. S. DepartA ... ... ,p.cu.~,ure


OFFICIAL BUSINESS

Form AMS-6/14/60
Permit 1001.


University of Florida
Documents Librarian
11-4-59 The University Libraries
LS-CLS Gainesville, Fla.


MEAT AND MEAT FOOD PRODUCTS PREPARED AND PROCESSED UNDER FEDERAL INSPECTION CONTINUED


: Week ended
May 7 -aTi i -
: May?7 May14
Product :- -5-1.- 7 nder- T S-E. Under-
: or over s 5 lb. or over : 5 lb.
Canned product (For civilian ,000000# l~OO# 1,000#
use only)


Luncheon meat .
Canned hams .
Corned beef hash .
Chili con carne .
Viennas . .
Franks, wieners in brine .
Deviled ham. .
Other potted or deviled meat
food products. .
Tamales . .
Sliced dried beef .
Chopped beef .
Meat stew (all products) .
Spaghetti meat products .
Tongue (other than pickled).
Vinegar pickled products .
Bulk sausage .
Hamburger, rstd. or corned
beef,meat & gravy .
Soups .
Sausage in oil .
Tripe . .
Brains . .
Canned loins and picnics .
All other with meat and/or
meat byproducts -
20% or more .
Less than 20% .
Total . .


3,245
6,424
79
245
51
5


15

2

22
58
9
170
1

57
390
66


866


116
155
11,971


2,826
110
1,527
1,609
1,257
2
214


281
152
68
11
2,551
1,821
5
563
92

644
12,124
52
98
45
46


1,857
5,617
51,529


3,225
6,126
55
196
29





5

11
21
12
203


71
550
87


607


141
52
11,151


2,755
109
912
1,556
1,215
44
193

508
296
67
115
2,584
1,958
9
528
111

586
11,760
40
71
71
270


------- _~--------------
- 1960
: May 21 May 28
: 5 Ib.: U under 5 lb. 2 Under
: or over: 5 lb. Lor over t 5 lb.
1,000# 1A000# "1o 0 # ~ ~Iio#


5,005
4,759
37
66
14




75
5

21
50
16
194


56
287
59


658


2,698
94
1,447
1,474
1,061

268

575
595
72
161
1,458
1,797
28
359
89

415
14,472
86
122
42
185


1,658 108 1,552
4,856 200 5,566
52,007 9,588 54,011


3,212
5,018
76
145
5
4



14
8


165
12
192


60
418
28


642


115
189
10,298


2,548
87
1,524
1,125
1,056
2
255

497
287
71
22
1,947
2,580
8
580
81

355
15,761
70
80
66
42


1,458
6,957
54,996


Note: See footnote at bottom of page 459.




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