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:
AA00008493:00099

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.8. DEPARTMENT OF AGRI LTURE
WASHINTOtl 26, .D. -.

Vol. 28, No. 14 : c April 5, 1960

Week ended April 2-

.Page


Livestock Market Reviews . .
Livestock Market Receipts .
Stocker and Feeder Statistics .
Estimated Percentage of Stocker and Feeder
Slaughter Cows in Salable Receipts .
Steer Sale Statistics . .

Slaughter at Major Centers .
Estimated Slaughter and Meat Production

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

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


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Cattle and
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Special to this issue
we m mamm


Effective Parity Prices, Mar. 15, 1960 . .
Prices Received by Farmers, Mar. 15, 1960 . .
Commercial Livestock Slaughter and Meat Production, Feb. 1960.
Meats Graded or Accepted, by Grades, January and February 1960


258
261
261

261
262

265
265


267
268
269


270
270
271
271


Als** I-*






MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Weather and road conditions have played
an important roll in price trends and market-
ings of livestock over most of the midwest
during the past two months. For the week in
review, thawing of the heavy snow cover made
many country roads virtually impassable over
the weekend and Monday's receipts were small,
and later in the week marketing were affected
by flood conditions over the western Corn Belt.
Fed steers sold unevenly steady to $1,00 higher
at most midwest terminals, however, bulk sales
at Chicago were steady to 504 lower. Barrows
and gilts sold steady to 50# higher, large
share steady to 25# up. Slaughter lamb prices
were extremely uneven, averaging about steady
except at So. St. Paul where sales were 50#-
$1.00 higher.

SLAUGHTER CATTIE AND CALVES Rapid thaw-
ing of record winter snows made for flooded
highways, nearly bottomless rural roads and
muddy farm lots, all of which contrived to cur-
tail livestock marketing. The 12 market cat-
tle receipts were down 9 percent with the
supply reduction most pronounced at Missouri
River markets inasmuch as the western Corn Belt
was hardest hit by flood waters. Receipts Mon-
day proved exceptionally small at all markets
and the supply situation remained spotty later
in the week although the weeks run of fed
steers and heifers was fully normal even though
unevenly distributed. A flood threat at the
Sioux City stockyards made for just token sup-
plies Wednesday, while Chicago receipts for the
midweek market were largest for the day since
January, 1959. As a result, the week's supply
in Chicago was little changed and among the
largest in two months. Price trends mirrored
the upset supply picture. At most markets
slaughter steers and heifers finished the
week unevenly steady to $1.00 higher. In Chi-
cago, high-Choice and Prime steers closed
steady to 50# higher and at a new peak since
last May, but early upturns on all Standard to
low-Prime steers were more than erased with
closing prices steady to 50# lower. Early up-
turns in heifer prices at Chicago were also
more than lost with final trading fully 50#
lower. Cows generally sold steady to 50# high-
er but closed weak to 50# lower in Sioux Falls
and Oklahoma City with some off as much as
$1.00 in Chicago. Bulls proved the exception
to the erratic price trend, generally declining
50#-$1.50. Vealers sold $1.00 lower in So. St.
Paul and St. Louis National Stock Yards. Slaugh-
ter steers and heifers formed the bulk of ar-
rivals at virtually all markets in the midwest
with Good and Choice predominating by long odds,
Choice steers bulked at $26.50-28.50 al-
though many Choice reached $29.50 in Chicago
where high-Choice and Prime 1050-1450# steers


bulked at $29.50-52.50 with over a dozen
loads $52.75-35.00 and one load Prime 1207#
steers $55.25. High-Choice and Prime steers
at other markets realized $28.25-29.50 with
about 5 loads Prime $50.00-51.00 at Sioux City
and a few head $51.00 at So. St. Paul. Most
Good steers over the area $25.50-26.50. Bulk
Choice heifers $25.75-27.50, most Good $25.00-
25.75, with a few loads high-Choice and mixed
Choice and Prime in Chicago $28.00-28.75.
Most Utility and Commercial cows $15.50-18.50
while Canners and Cutters bulked at $12.50-
16.50.

STOCKER AND FEEER CATTLE AND CALVES -
Conflicting factors were at work in the market
for stocker and feeder cattle and calves this
week. As a result price trends showed consider-
ably more than the normal amount of variation
at the different terminal markets. Pasture
prospects are above average for the impending
new grazing season and along with this, slaugh-
ter cattle prices in recent weeks have been
maintained at fairly high levels. This usu-
ally would be sufficient to encourage an
aggressive wide-spread early spring demand for
stockers and feeders. However, many feeding
and grazing areas in the midwest were plagued
by over-flowing creeks and rivers and very
muddy conditions which not only hampered the
movement of livestock but also presented tem-
porary handling problems on any livestock
purchased for immediate delivery to farm,
pasture or feedlot. As a result, even though
the underlying demand would indicate ready out-
let for far more than the seasonally moderate
receipts currently marketed, weather conditions
continued to be a dominant factor as was re-
flected in mixed price trends at the various
markets. At several centers prices were as
much as 50# lower while some of the others
showed advances of as much as 50#. Meanwhile,
many sales around the market circuit were made
on a steady basis. Feeder buyers showed con-
siderable interest in Good and Choice fleshy
steers suitable for a short turn in the feed-
lot but, here too, road and feedlot conditions
often were a major consideration in buying
plans.
Good and Choice 800-1050# feeder steers
brought $25.50-26.75, few 800-950# $26.85-
27.00. Usually 950-1050# steers sold somewhat
below the same grades 800-900# but at Chicago
partly fattened 1050# sold to a finisher at
$26.75. Medium to low-Good feeders brought
$20.50-24.00. Scattered shipments Choice 550-
600# stock steers sold from $29.50-50.00 and
at Denver a few loads high-Choice 525-550#
brought $52.25-55.50. However, majority Good
and Choice 550-700# yearling stockers ranged
$24.50-29.00. Good and Choice yearling heifers


258








brought $22.50-27.25. A few loads 750-825#
heifers in average to high-Good slaughter flesh
sold on feeder accounts at $24.00-25.00. Good
and Choice stock steer calves ranged $26.00-
34.00, most sales $51.00 down. Same grades
heifer calves brought $24.00-28.00, few
$28.75.

HOGS Terminal Markets Following sev-
eral weeks of almost continuous snow storms,
spring bloomed suddenly in the midwest. This
development not only brought muddy barnyards
and roads but also plagued part of the Corn
Belt area with floods. These conditions were
instrumental in reducing hog marketing
around 10 percent from the previous week and
also 10 percent from the same week a year ago,
Mixed U. S. No. 1-5, 200-250# barrows and
gilts made up the bulk of the supply. Price
trends were generally higher until late in
the period when a sizable share of the early
upturn was erased. Compared with the previous
week's close, barrows and gilts sold unevenly
steady to 25# higher throughout most of the
Corn Belt area with trends at Omaha and St.
Joseph 25-50# higher. Sow prices were un-
even, closing steady to 25# lower at a few
markets, steady to 25# higher at most other
centers but 50-75# up at Omaha.
On Friday, mixed U. S. No. 1-5, 180-260#4
barrows and gilts bulked at $15.25-16.25, same
grades and weights $16.00-16.50 at Indianap-
olis. Selected lots of No. 1 and No. 1-2,
usually sorted for weight and grade brought
$16.00-16.75. Mixed No. 1-3, 270-600# sows
sold largely at $13.50-15.00, very few sows
under 350#.
Average cut-out value advantage of U. S.
No. 1 over No. 3, live basis 200-220# bar-
rows and gilts was 980 per cwt. based on whole-
sale carlot prices of fresh pork cuts at Chi-
cago March 24 to March 30, 1960 inclusive.
HOGS Interior Iowa-Southern Minnesota
Area Receipts were approximately 3 percent
lower than the previous week but 2 percent
more than the corresponding week last year.
Fully 80 percent of the supply was mixed U. S.
No. 1-5 190-240# barrows and gilts. Prices
declined late erasing part of the early up-
turns to leave late sales mostly 25# higher
for the week. Mixed No. 1-5, 190-240# butch-
ers closed the week at $15.05-15.85 with a
moderate volume mostly No. 1 and 2 lots
$15.90-16.15 and few selected No. 1 to $16.50.
Mixed No. 1-3, 270-400# sows brought $13.50-
15.15, bulk $15.75-14.75; 400-550# sows
$12.50-14.00.

SHEEP AND LAMBS The 12 market receipts
were 25 percent less than in the previous
week and 33 percent less than a year earlier.
Slaughter lamb prices were very uneven. Sales
were steady to 50# lower at Kansas City, St.
Joseph, Chicago and St. Louis National Stock
Yards and steady to weak at Sioux City. How-


ever, prices were steady to 50# higher at
most other points and 50#-$1.00 up at So. St.
Paul. Slaughter ewes were steady, instances
strong to 500 higher. Feeder lambs were
mainly steady, but 50#-$1.00 lower at Ft.
Worth.
Choice and Prime 85-116# wooled slaugh-
ter lambs closed from $21.50-23.00 and up to
$25.25 at Chicago; Choice 90-.115# wooled
lambs $21.00-22.50, 110-125# $20.00-21.75;
Good and Choice $19.50-21.50. Most Choice
and Prime 97-1l11 shorn No. 1 and fall shorn
pelt slaughter lambs $21.00-22.00; Choice
87-110# $20.50-21.50; Good and Choice $19.00-
21.00. Choice and Prime 70-107# spring
slaughter lambs $22.50-25.50; Utility and
Good $19.00-21.00 at Fort Worth. Cull to
Choice slaughter ewes sold from $4.00-8.50,
few $9.00. Most Good and Choice 75-85#
feeder lambs realized $20.00-21.50; Choice
86# western feeders $22.00 at Sioux City;
Medium and Good feeders $16.00-20.00.
In the Interior lowa-So. Minnesota
area, slaughter lambs and ewes were steady
throughout the week. Moderate numbers prompted
a fairly good demand and prices were little
affected by the bearish influence of steady
to lower dressed lamb prices. Estimated
Interior receipts were slightly less than
last week but 3 percent over a year ago.
Late in the week, Choice and Prime 90-105#
wooled slaughter lambs delivered to packing
plants sold from $21.50-22.50, large share
$22.00; Choice 90-105# wooled lambs $21.00-
22.00 with Choice 105-115# $20.00-21.50;
Good and low-Choice 90-110# wooled lambs
$19.50-21.00. Choice and Prime 90-100# shorn
No. 1 and fall shorn pelt lambs cashed from
$21.00-21.50 with Prime fall shorn pelt high-
yielding lambs $21.50-21.75; Choice 90-100#
shorn lambs $20.50-21.00; Good and low-Choice
$19.00-20.50. Cull to Choice wooled slaugh-
ter ewes $5.00-6.50.

RANGE AND FEEDLOT SALES
Note: Shrink on most range and feed-
lot sales none to 5 percent, mostly 4 percent
f.o.b. some with short haul and 3 percent
shrink. All sales for immediate delivery
unless specified.

ARIZONA, CALIFCRNIA, NEVADA, AND UTAH -
Direct trading slow with price trends about
steady on all classes of livestock reported.
Slaughter steers: In California, 15 loads
Choice 950-100C0 $28.00-28.25; over Califor-
nia and Arizona, 129 loads high-Good and
Choice 825-1200# $25.50-27.75, including 6
loads largely Choice 1200# at mid-May deliv-
ery; 47 loads predominantly Good 725-1200#
$25.00-26.00; 20 loads high-Standard and
Good 950-1150# $24.75, including 2 strings
delivery up to mid-May. Slaughter heifers:
In California, 20 loads mostly Choice 740-
925# $26.50-27.00; over California and






260


Arizona, 50 loads Good and Choice 750-1000#
$25.50-26.50, including 16 loads at $26.00 for
May-July delivery.
Stocker and feeder cattle and calves:
For immediate to July delivery, Good and Choice
550-475# stock steer calves $29.00-52.00, heif-
ers $26.25-50.00; Good and Choice 500-950#
steers $24.50-28.00; Good 600# steers $24.00-
25.00; Good and Choice 550-670# feeder heifers
$23,00-25.50. For August 20 delivery, 150
Good and Choice 650-700# steers $24.00 and
100 Good and Choice 650# heifers $23.00.
Lambs: In central California, couple strings
mixed slaughter and feeder spring lambs $22.00-
22.50, slaughter lambs Choice and Prime; 1,000
Good and Choice spring feeder lambs $21.50.
Few lots Choice and Prime spring slaughter
lambs $25.00, some delivered to plant basis.
In Imperial Valley, mostly Choice with end of
Prime 110-118# old crop shorn slaughter lambs
with No. 1 and fall pelts $20.50-21.00; 1,100
Good and Choice 92# old crop feeder lambs
with No. 1 pelts $18.50.

COLORADO, SOUTHERN WYOMING, WESTERN
NEBRASKA, AND WESTERN KANSAS Trading on fed
cattle moderately active, fully steady, in-
stances 250 higher an steers. In Colorado 44
loads average to high-Choice 1175-1400# fed
steers $27.00-27.501 47 loads Choice 1150-
1550# $26.25-26.90; 6 loads high-Good and
Choice 1190-1550# $25.75-26.00. Thirteen loads
average-Choice 825-1040# fed heifers $26.50-
26.50; 127 loads mostly Choice 875-1035#
$25.75-26.25; 16 loads high-Good and low-
Choice 900-1050# $25.25-26.00; 8 loads mostly
Good 875-1000# $25.00-25.00. In western Nebras-
ka 10-12 loads mostly Choice 1500# steers
$26.50. In Wyoming 7 loads average-Choice
to Prime 1000# fed heifers $26.00-27.00, lat-
ter price delivered Denver.
Demand for stocker and feeder cattle and
calves good with prices steady to strong on
confirmed sales and contracts on around 6,300
head. Western Kansast 2 loads Good and Choice
730-800# feeder steers $25.75-25.75; 20 loads
Good and Choice 500-725# feeder heifers
$25.75-26.10, 5 loads 804# $24.25. Wyoming:
2,000 Good to mostly Choice steer yearlings
expected to weigh 600# in October $25.00.
Colorado: Load Good and Choice 625# feeder
steers $26.50; 6 loads mixed short yearling
steers and heifers, steers $28.00, heifers
$27.00; 5 loads Good and Choice 525-555# feeder
heifers $23.50-26.25; string of 2,000 Good and
Choice steers expected to weigh under 650# in
October $24.00; 474 Good to mostly Choice
feeder heifers to weigh 600-625# $22.50 for
September.
Demand for fed lambs good, but prices
weak to 500 lower. In Colorado sales confirmed
on 58 loads. Choice and mixed Choice and Prime
98-108# fed wooled lambs $21.50-22.00, same
grades shorn lambs with No. 1 pelts 111-120#
bulked at $20.50-20.75.


NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Direct
sales on slaughter cattle and stockers and
feeders fully steady. Fifty-two loads low to
average-Choice 950-1125# fed steers $26.00-
26.50; 20 loads Good 900-1025# $24.75-25.50;
7 loads high-Geod to average-Choice 800-825#
fed heifers $25.00-25.50. Around 1,500 Choice
475-525# short yearling stock steers $28.00-
29.00; 2,000 Good and Choice 600-700# steers
$25.00-26.00 including 500 Choice to weigh
over 700# at October delivery $25,00; 800
Choice 450-500# short yearling heifers $26.00-
27.00, 1,000 Good and Choice 550-625# heifers
$24.00-25.00) 5,500 Good and Choice 400-475#
stock calves, $28.00-55.00 for steers and
$27.00-30.00 heifers.
Amarillo Area Slaughter steers and
heifers steady to 250 lower; stockers and feed-
ers steady. Good and Choice 1020-1500# fed
steers $25.25-27.00; same grades 750-1000#
heifers $25.50-25.50. Good and Choice stocker
and feeder steers $24.50-28.50; heifers $24.00-
25.00. Good and Choice stock calves, $27.00-
52.00 on steers and $25.00-52.00 heifers. Me-
dium and Good cows with calves $200.00-242.50
per pair; 400 Choice 700# feeder steers
$25.00 and 500 Choice 700# heifers $25.00,
for fall delivery; 100 Choice stock calves,
$28.00 steers and $26.00 heifers with 425#
weight limit at fall delivery.

IDAHO, OREGON AND WASHINGTON Direct
trade fed steers and heifers out of north-
west feedlots rather limited with most activ-
ity in southern Idaho. Slaughter steers and
heifers fully steady; stockers and feeders
steady; slaughter lambs $1.00-1.50 lower,
Choice slaughter steers 1000-1550C $26.00-
27.50. Mixed Good and Choice steers
$25.00-25.75; mostly Choice heifers 800-900#
$24.50-25.50, Good and Choice stock steer
calves $26.00-30.00, same grade heifer calves
$24.00-25.25. Slaughter lambs: Oregon -
Mostly Choice at $19.00 on shorn and $20.00
on wooled delivered Portland with several
loads shorn $20.25-21.00 delivered Washington
points.

MONTANA, NORTHERN WYOMING AND WESTERN
DAKOTAS Trade slow with stockers and feed-
ers $1.00 lower for two weeks. In Montana,
Good and Choice around 450-550# stock steer
calves $27.00-50.00, uniform Choice 608-650#
fleshy feeders $26.75-27.50. 540 head Good
and Choice stock cows $225,00-255.00 per
head.
Special stocker and feeder sale Bill-
ings, 1,200 head. Good and Choice 500-550#
stockers and steer calves $26.50-55.00,
heifers 500-500# $25.00-28.40, Choice 400-
480# $27.20-28.40. Sheep and lambs: South-
ern Montana, 500 coming two-year-old Good and
Choice bred whitefaced ewes, May 1 lambing,
$25.00 per head.








WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
-l C-Ie -: ~~-~ "c-? "'" c : -"" -T---~ ogs -- e- ad I s-
Market Apr.2 : Apr. 4 Apr. 2 Apr. : Apr. : Apr I Apr. 2 : Apr.
s 1960 : 1959 : 1960 : 1959 : 1960 : 1959 t 1960 : 1959
Chicago ................ 42,067 35,876 145 281 31,456 42,507 5,793 7,234
Cincinnati ............. 5,445 5,000 654 654 15,270 13,267 619 476
Denver ................. 13,125 10,508 2,719 325 5,622 2,915 21,205 27,453
Fort Worth ............. 5,204 4,693 1,717 1,458 5,687 2,645 12,925 17,854
Indianapolis .......... 6,426 6,515 537 460 54,105 36,329 975 1,439
Kansas City ........... 16,055 19,059 1,121 652 18,734 16,440 4,593 11,577
Oklahoma City ......... 7,279 8,531 957 399 4,287 4,075 2,198 2,598
Omaha ................ 31,917 36,609 254 1,247 34,924 40,705 9,116 14,807
St. Joseph ............ 14,675 14,182 555 354 22,255 27,682 5,776 6,170
St. Louis NSY .......... 15,518 13,993 1,783 1,948 65,605 65,300 2,795 4,295
Sioux City ............. 22,623 30,938 338 716 28,494 36,906 5,155 7,677
S. St. Paul ............ 18,980 18,337 5,685 6,627 49,064 55,002 6,050 7,277
Total .................. 195,312 202,059 16,445 15,101 309,483 343,771 73,178 108,637
Total Mar. 26, 1960 213,601 16,309 345,089 97,477
INTERIOR IOWA AND SOUTHERN MINNESOTA
Apr. 2 1960 Mar. 26 1960 Apr. 4 1959
Hogs ..... 337,600 347,000 329,00
Sheep .... 22,200 23,400 21,500

STOCKER AND FEEDER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
Week ended -: Month -
: Mar. 31 : Mar. 24 t Apr. 2 : War. ar.'
: 1960 : 1960 1959 : 1960 : 1959 -
Steers 1001# up ............ 455 462 1,456 3,135 5,613
901-1000 ........... 1,995 3,209 2,255 10,979 10,498
801-900 ............ 2,726 3,157 4,277 14,886 15,457
701-800 5........... 5,616 3,617 4,848 15,160 19,712
501-700 ............ 8,715 11,551 13,571 40,885 53,726
- - --m m


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

Tn ct n

n n n

n n n
H I n


A n n


Total calves


10 market
11 n

Chicago
Kansas C
Omaha ..
S. St. I
Sioux CJ
Denver .
Ft. Wort
Oklahobm
S. St. J
St. Lou
- 10 mar


" heifers "
"n cows "


ets ...... 17,485
...... 717#
...... $25.02
......... 25.19
:ity ..... 25.54
.......... 24.82
aul ..... 24.45
Lty ...... 25.75
.......... 25.19
-h ....... 25.90
SCity ... 24.25
roseph ... 25.54
es NSY ... 24.55
kets .... 6,759
.... 2,488
3 .... 550


Not adjusted for differences in grade of cattle sold at each market.
ESTIMATED PERCENT OF STOCKER AND FEEDER CATTLE AND SLAUGHTER COWS IN SALABLE RECEIPTS
I .: a:ST : -s **
Kansas S St Siou S St. Indian- Ft. Okla. San
Week ended :Chica gol 0a maha: tLouis: :Daenver th City Wichita
: : City Joeph S City Paul apolis D Worth ity Antonio

Stockers and feeders


1, 1960 5
25, 1960 2
5, 1959 5


Apr. 1, 1960
Mar. 25, 1960
Apr. 5, 1959


58 8
40 14
55 19


16
15
21


7 7 9 4


6 19 5
4 25 10
7 54 5
Slaughter cows
10 4 25
12 5 25
9 4 25


10
5
4


25
8
10


10 10
7 15
14 8


65
70
40


20
20
10


75 48
72 40
85 55


8
8
9


14
19
19


21,976
718#
$24.85
25.40
25.24
25.94
24.32
25.69
26.49
24.84
24.05
24.68
24.69
8,204
3,715
543


26,407
721#
$28.45
28.09
28.84
29.43
25.22
30.15
26.56
27.43
26.75
27.51
26.94
7,755
5,961
476


85,045
730#
$24.90
25.01
25.14
24.27
24.63
25.99
25.14
24.44
25.91
24.51
24.51
28,542
13,078
3,517


105,006
721#
$27.64
26.09
27.78
28.60
24.81
29.60
26.21
27.67
26.64
27.21
25.75
30,571
18,700
3,069


Apr.
Mar.
Apr.


45
45
40


15
25
20






262


STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER / _
S Nu Percent of total E Average weight : Average price in
: Number of head :
d o by grades (pounds) dollars per 100 lb.
Grade -------------------Week e -----------------
Week erded


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.*..*


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


:-Pr: "Sr
S1960

2,657
17,135
9,049
949

247
30,017

54
5,511
10,468
810
361
17,204

202
4,256
6,625
667
159
11,869


2,122
1,824
928

295
5,169



151
5,590
1,396

517
5,454



2,855
4,459
458
15
7,745


: 1959

987
9,745
10,675
1,716
24
241
25,586


4,958
10,467
681
150
16,256

76
3,505
5,475
471
140
9,667


1,257
5,149
550

62
4,818



861
2,677
977

225
4,758



1,649
4,534
795
54
7,052


;''-r: 31-r:-r Ar -:f Ar -:-! r7 31--ArT 7. -2
: 1960 : 1959 : 1960 : 1959 : 1960 : 1959
CHICAGO


8.8
57.1
50.1
5.2

.8


.3
52.0
60.9
4.7
2.1


4.2
41.7
45.6
7.5
.1
1.1


OMAHA

50.5
64.5
4.2
.8


SIOUX CITY
1.7 .8
55.7 56.5
55.8 56.6
5.6 4.9
1.2 1.4



41.0 26.1
35.5 65.5
18.0 7.5
a --
5.7 1.5

ST. OUIi NSY


2.8
65.8
25.6

5.8


-
18.2
56.5
20.6

4.7


1,275
1,200
1,091
1,050

992
1,167

1,142
1,200
1,102
1,068
1,012
1,150

1,258
1,177
1,108
1,087
1,007
1,133
- -J'-5

1,122
1,055
1,042

984
1,076


1,109
1,024
977
-M
898
1,007


-- 1. -sTj. JsFm -


-
56.6
57.3
5.9
.2


25.4
64.5
11.5
.8


-
1,156
1,064
1,055
969
1,089


1,241 51.55 54.58
1,205 28.10 50.08
1,126 25.75 27.74
1,057 22.45 25.67
1,450 25.58
1,069 19.78 25.75
1,156 27.55 28.89

-- 29.05 --
1,187 27.25 28.22
1,115 25.55 26.56
1,085 21.25 25.75
1,021 19.19 22.19
1,155 25.82 26.94

S1,366 29.99 50.45
1,189 27.14 28.54
1,122 25.55 26.78
1,096 21.85 24.16
1,065 19.20 22.71
1,146 25.95 27.22


1,191 26.60 28.26
1,105 25.07 26.85
1,057 22.57 24.61

1,054 18.61 22.45
1,120 24.92 27.04


1,097
1,059
995

915
1,046


A I
1,145
1,090
1,067
898
1,099


28.51 28.14
25.72 26.68
22.89 24.96

20.01 22.99
24.80 26.47


27.14
25.19
21.55
19.21
25.72


- D E


Prime.......... -- -- -
Choice......... 2,047 1,672 56.7 55.8 1,186 1,170 26.58
Good........... 1,402 1,428 58.8 45.9 1,095 1,158 25.12
Standard....... 162 9 4.5 .3 1,012 1,124 20.07
Utility........ -
All grades..... 5,611 5,109 1,142 1,155 25.77
---------------------- Data collected byAgricultural Estimates,and Livestck Divisions, A..S.
I/ Data collected by Agricultural Estimates, and Livestock Divisions, A.M.S.


28.07
26.47
25.99
22.27
26.56

-~~

27.87
26.75
22.75

27.54








WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS


- --- -Ctee l"C se : HogI : Sheep7
City or Area : Apr. 2 T Ipir.4~: Apr. 1 Apr. 4 : Apr. 2 r Apr. 4 : Apr. 2
t 1960 : 1959 :_ 1960 1959 : 1960 s 1959 : 1960


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 l.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...


12,908
8,482
18,473
17,872
28,669
11,181
19,244
32,061
11,966
28,247
6,087
6,719
18,897
8,222
19,961
24,109
7,095


11,258
6,384
15,826
19,527
25,094
9,976
18,102
51,054
9,547
27,001
5,638
5,924
16,191
8,927
17,275
20,811
5,741


11,460
2,496
4,597
6,598
22,648
1,459

153

8,010
4,881
2,870
1,081
5,376
267
1,515
256


10,595
671
5,137
6,246
22,071
1,795

183

8,256
4,512
2,051
794
5,529
202
2,311
259


48,751
25,500
159,555
36,910
124,245
88,085
86,662
76,662
39,570
286,245
68,490
57,060
45,721
19,043
18,210
26,297
15,646


48,514
26,791
125,650
51,905
105,528
87,957
80,865
85,053
30,690
272,547
64,094
29,952
42,740
22,205
15,610
25,571
14,562


57,37
4,02
11,57
4,07
13,22
4,08
15,27
10,10
-
27,14


7,85
20,53
50,84
33,51
4,15


and lambs
: Apr. 4
- 1959
3 38,729
5 2,795
5 13,280
4 4,194
5 8,884
8 4,567
'3 15,960
)6 14,252

,9 24,915


i8 7,711
i5 18,556
4 32,465
12 22,437
51 3,779


Total ..................... 280,191 254,274 71,665 68,592 1,180,248 1,124,054 223,764 210,098


Accumulation to date.......5,847,103
5,448,906


911,535


16,279,796


905,534


15.722,485


5,155,614
5,144,373


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION


Week ended


2, 1960...............
26, 1960................
19, 196 ............
4, 1959 -/............


S- 7 -Pork t Lam b
Beef : :(excl. lard) : and button t
1-m j T -:--1 -: -s -: -
d. P rod. Prod Prod.
herber ber r

12000 mil.lb o 11000 mil.lb. 1,000 mil.lb. 1,000 mil.lb.
540 203.5 101 10.9 1,360 186.0 245 12.2
350 208.2 110 11.8 1,370 187.4 235 11.8
/ -- / -- 2 -- -
306 185.8 99 10.6 1,277 175.5 236 12.0


To
me
pr

mil
412
419

385


tal Total
at lard
od. prod.

.lb. mil.lb.
.4
,.2
.7-- 412
5.7 41.8


Percentage change from:
Mar. 26, 1960..............
Apr. 4, 1959...............


------------------- ------ --------------------------
t Aver-a-e weigt" "-. -:----
Week ended Cattle Calves = Hogs 5/ Sheep :
: : 3J and lambs
: Ive :D-ressed : "Lv-e:Dresse : tive:Dresed : !Lve :7 Dresse' :


1040
1035
1045
1052


598
595
601
607


192
190
185
192


108
107
105
107


137
137
135
137


I/ Actual slaughter. 2/ Not available at this time. 5/ Excludes lard.


Apr.
Mar.
Mar.
Apr.


Apr.
Mar.
Mar.
Apr.


Lard
yield
per
100 lb.


13.7


2, 1960...............
26, 1960...............
19, 1960..............
4, 1960...............














Classification


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


Heifers -
Choice*
Good**
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


CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
-- -- --- --------^ _------_ __ -------__ ^- --
: : : : North
Chicago : Kansas City Omaha Denver Portland

Apr. Apr. : Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr.
2 4 2 4 2 4 2 4 2 4
1960 1959 1960 1959 1960 1959 1960 1959 1960 1959

Slaughter cattle, calves and vealers


30.85
31.55
28.40
28.48
25.05
22.10


27.15

21.35


17.82
16.90
15.78)
14.08)


33.30
34.30
30.68
30.72
27.58
25.52



26.38
24.12


20.80
19.75
18.40


27.40
27.58
25.15
22.15


26.65
24.45
21.25


17.62
16.38
14.88)
13.25)


29.32
29.32
26.95
24.45


28.32
26.20
23.50


21.25
19.88
17.75


30.00
29.90
28.08
28.08
24.80
21.38


27.12
24.00
20.12


17.75
16.12
14.75)
13.60)


32.52
52.32
29.52
29.52
26.32
23.72


27.55
25.15
22.82


20.68
19.28
17.32


20.90 25.42 19.55 22.12 19.55 23.00
20.00 24.10 19.35 21.62 19.50 21.75


33.00
31.00
26.50


33.00
29.00


25.25
23.00
21.25


29.00
25.75
22.75


29.50
27.60
25.00


33.00
31.00
28.00


27.00
24.50
21.00


26.52
26.65
23.78
20.25


26.02
22.78
19.00


18.90
17.32
15,35)
14.10)


27.82
27.82
25.42
21.90


26.92
24.55
21.25


21.42
19.98
18.00


27.75
27.12
26.00
23.25



25.00
22.25


18.12
16.62
14.12)
11.81)


--

28.88
28.69
27.88
26.44



26.88
25.50


20.88
19.38
16.62


22.75 20.88 22.75
20.00 25.00 21.38 24.25


29.00
26.50
24.00


31.62
30.00
26.00


32.00
29.50
26.50


--
28.00
25.75


33.62
31.00
27.00


Feeder and stocker cattle and calves


32.50
29.45
26.45


28.75
25.50
21.75


32.00
29.50
26.45


28.75
25.12
21.25


32.25
28.15
25.00


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

Cows All wts. -
Med. & Gd.

Calves 500-500# -
Steers -
Good & Choice

Heifers -
Good & Choice


- 25.75 28.75 25.00 29.00 25.50 27.20 25.50 27.25
- -- 22.00 25.25 21.75 24.95 22.00 24.25 20.50 24.25


- 18.25 20.25 14.88 19.00



30.50 55.75 50.50 36.20


27.00 32.00 27.00 33.00


16.30 19.50 15.00



31.00 36.50 28.00 32.50


28.65 33.00 25.50 30.50


*Weight range 600-800# in 1959.
I* n 700-900# "


Steers -
Choice
Good
Medium


500-800#
500-800
500-1000


29.00
26.25
22.85


27.75
25.00
21.50


30.50
28.50
24.00


25.75
23.50
20.50


28.75
26.75
23.50









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266


HOGS: AVERAGE COST. WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
.. -------------------....-----....-- --...... ----- ..............-------.......---...----------......... ---............
Louis Kan- S. S. 8-
Chi- Natl. sas :Omha Sioux St. St. Indian- mkts.
Week ended cago Stock City a City Joseph Paul apolis corn
Yards bined
------- -- Z -- --- i ------- ------ ----- ------- --- 1 ....... ...... ------
AVERAGE COST Dollars er 1.00. poundss
Barrows Apr. 2, 1960 16.08 16.06 16.02 15.97 15.80 16.01 15.83 16.33 16.01
and Mar.26, 1960 15.63 15.51 15.25 15.27 15.26 15.55 15.52 15.81 15.45
gilts Apr. 4, 195.9 16.47 16.32 16.25 16.516.3 6.14 j16,g4 15.97 16.4 16.27
Apr. 2, 1960 13.97 14.42 14.35 14.65 14.45 14.46 14.60 14.00 14.55
Sows Mar.26, 1960 13.73 13.87 14.20 14.05 14.50 14.11 14.62 15.54 14.03
Apr. 4, 1959 13.78 13.88 14.10 15.91 15.78 14.09 13.80 13.61 13.84
AVERAGE WEIGHT Pound-
Barrows Apr. 2, 1960 236 216 22V ."259 245 226 256 225 250
and Mar. 26, 1960 254 217 225 238 240 225 252 225 229
gilts Apr. 4, 1959 251 220 228 234 241 230 254 225 250
Apr. 2, 1960 457 396 453 421 424 377 424 442 422
Sows Mar.26, 1960 446 597 421 427 428 399 420 439 422
Apr. 4, 1959 451 419 425 417 430 398 405 455 419
NUMBER OF HEAD ------------- ---
Barrows Apr. 2, 1960 24740 54927 16790 29241 24742 20352 39279 29146 239217
and Mar.26, 1960 24792 57629 16326 41617 35718 25281 57786 30315 269464
gilts Apr. 4, 1959 55916 61425 15277 34521 52089 23951 42845 31596 275618
Apr: 31960 191 5075 1118 3331 2074 115 3122 3179 22243
Sows Mar.26, 1960 2822 4910 1056 4822 5259 1860 5722 3542 25975
Apr. 4 1959 3888 4448 929 4111 2843 1725 4478 2641 25061
SAt i-----------------------------I -------------- -- ---- 4 ........
SOWS Percentage of total
Apr. 2, 1960 11 8 6 '--Y"- 8 5 7 10 9
Mar.26, 1960 10 8 6 10 8 7 9 10 9
Apr. 4, 1959 10 7 6 11 8 7 9 8 8
I/ 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 : or margin
Apr. 2, 1960 $18.39 $16. 39 $2.00
Mar.26, 1960 17.87 15.88 1.99
.Ar. 4 1959 18.40 16.81 1.59
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. S. No. 1, 2 and 3 hogs, 200-220# vt. Chicago.
T/ Difference between wholesale product value and hog prices.
HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
SBarrows and Corn, I Hog--corn
Week ended gits No. 3, yellow price ratio
Dollars per Cents per : based on
100 pounds bushel barrows and gilts
-- -- -- ---- ---- ------------------ ----------------------------....-------------
Apr. 2, 1960 16.08 117.5 15.7
Mar.26, 1960 15.65 115.9 15.5
Apr. 4, 1959 16.47 125.0 13.2
I/ Simple average price.





267


BOSTON WOOL MARKET REVIEW


Trading of greasy domestic wool con-
tinued very slow in the Boston market as
prices held firm. Outlet continued good
for graded one-quarter blood fleeces at
higher prices. Handlers of pulled wools
reported a substantial weight of mostly
scoured medium wools sold for woolen con-
sumption at firm prices while scoured
shorn wools and noils were slow to move
at about steady prices. Activity in the
territory States was slow while turnover
in Texas increased and a few more sales
were made in the fleece wool States.
Midweek cables from Australia showed
Japan and Bradford the main competitors
with quotations very firm. In New Zealand,
Bradford and the Continent dominated with
some buying for United States account at
steady prices while in South Africa,
England and France were operating and some
United States buying. Occasional sales of
Buenos Aires carpet wools were made to the
United States while limited quantities of
Montevideo wools were sold to this country.
Fleece Wools Graded good French
combing and staple 60/628 fleece wools
brought $1.10 clean basis. Buyers were
paying around 50# grease basis in Indiana
and from 50-53# in Michigan while in Ohio
50-535 but mostly 50f for medium fleeces
and 40-45# for fine wools to the growers.
Territory Wools Around Newell, South
Dakota, bulk one-half blood, good French
combing and staple in original bags brought
$1.00-1.15 clean basis delivered Boston
while various clips in Montana brought
mostly 44-48# grease basis to the growers.
Original bag bulk fine Wyoming wools sold
from 584-46# grease basis and was estimated
around $1.15-1.20 clean delivered Boston
while in the San Joaquin Valley of Cali-
fornia original bag fine wools brought
around $1.15 clean basis delivered East.
Texas Wools The strictly staple end
of the Sonora clip around 57j# in the
grease was estimated by dealers to cost
around $1.25 clean basis delivered Boston
while the good French combing and staple
at 52# was estimated from $1.15-1.18
landed Boston. Twelve months wool in
original bags brought around $1.18-1.20,
average twelve months from $1.15-1.15,
eight months $1.05-1.10 and fall wool
around $1.00 clean basis delivered Boston.
Mohair Occasional lots of mohair
sold i Teas around $1.10 for adult and
$1.40 for kid hair to the warehouse with
estimates around one and a half-million
pounds unsold in Texas.


Foreign Wools Quotations at
week's end with combing wools converted
to clean U. S. oil-combed yields and
short wools to scouring yields, as
follows:


Australia
Oil-combed
61 $1.29
62 1.25
65 1.18
432 1.13
455 1.09
454 1.04
455 .95


New Zealand
Oil-combed
97 $.93
854 .92
100 .91
107 .89
114 .87
128 .87


South Africa
Oil-combed Scoured yields
7 $1.18 22 $1.11
12 1.17 27 1.07
17 1.15 52 1.05
47 1.17 37 .99
48 1.15
52 1.15
55 1.12

Montevideo (Clean basis) 60/64s
- $1.05; 60s $1.05; 58/60s $1.00;
56/58s 97#; 50/56s 94#; 50s 953.
Carpet Wools Turnover of carpet
wools was lower than the previous
week as prices held steady. A scoured
Cordoba blend was priced at<84# clean
fibers present. Spot New Zealand BB
style carpet fleeces were quoted at 874
clean fibers present. Greasy Buenos
Aires November second clip at 85# and
scoured November at 86#. A scoured
Cordoba blend also was priced at 860
clean fibers present.
Woolen Wools Sales follow:
Scoured Pulled Domestic
64s 1-2" white $1.15
60s 2J-5~" tinged 1.19
58/60s 2-3" stained 1.14
56/588 5-5" white 1.17
56s 1l-2" white 1.10
568 2-5" stained 1.11
50s 2-5" white 1.10

CLOSING FUTURES QUOTATIONS Mar. 51,
1960 (Furnished by the Wool Associates
of the New York Cotton Exchange)
May wool tops $1.487
May wool 1.192
July wool tops 1.510
July wool 1.195






268


WHOLESALE MEAT TRADE REVIEWS


IESS THAN CARYIO MEAT TRADE REVIEWS

EASTERN SEABOARD Customer resistance and
need of broader outlet were major problems for
wholesalers. Trading on bulk of fresh meats
was very slow, and demand narrow for the most
part. Fully normal supplies of beef and pork
loins met very narrow outlet at Washington
and resulted in a large carryover of beef car-
casses and hinds, while some pork loins went
to freezers at Washington and New York. Below
normal receipts of beef were instrumental in
effecting fairly complete clearance at New
York, and enabled sellers to maintain firm
prices. Most carcasses and cuts closed higher
at New York, but beef sales at some coolers in
Washington were too limited to provide a real
price test. Beef trading at other markets
was moderately active and clearances were fair-
ly complete. Moderate to near normal lamb sup-
plies were ample for moderate demand, and
clearance was generally good at Eastern Sea-
board markets. Veal and calf met severe set-
backs from a demand and price standpoint as
moderate to normal supplies were generally ex-
cessive, clearance poor, and prices sharply
lower in most instances. Trading was moderately
active on pork cuts other than loins, with good
clearance of normal supplies.
Compared with the previous week: Steer
beef steady to mostly 500 higher at Philadelphia
and New York, instances $1.00 up at New York.
Prices at Baltimore were steady to weak, and
steady to $1.00 lower at Washington. Cow beef
sold steady to $2.00 lower, with the full de-
cline at Philadelphia, and closing sales at
New York fully 500 lower. Declines on veal
involved the vast majority sold, and ranged
from $1.00-5.00, bulk veal and calf at New York
at $2.00-3.00 lower levels. Lamb followed a
steady to $2.00 lower trend, the downturn most-
ly on Good lamb all weights, and Choice and
Prime 55-65# carcasses. Pork loin prices
advanced $1.00-2.00 at Philadelphia, but were
steady to $2.00 lower at other markets. Other
fresh pork cuts sold steady to $3.00 higher.
Kosher steer forequarters sold mainly steady
to $1.00 higher; kosher lamb foresaddles $1.00
lower. Kosher veal and calf sold steady to
$5.00 lower, bulk $2.00-5.00 off.

CHICAGO Steer and heifer beef, lamb and
fresh pork supplies somewhat reduced from a
week earlier with volume of most classes mod-
erate. High-Choice and Prime beef was again
rather limited. Carcasses 55# and over predom-
inating in the lamb division. Receipts of veal
and cow beef were small. Carcass beef trading
was moderately active. Arm and squarecut
chucks found broad outlet at slightly higher
levels, but trading for other primal beef cuts
was generally mostly slow, particularly on
rounds. Utility and boning type veal moved


fairly well, but Standard to Prime slow. Lamb
trade generally slow after the initial session.
Loins, stews and shoulders best moving lamb
cuts. Good demand prevailed for spareribs, but
outlet for pork loins and Boston butts dimin-
ishing as the week progressed,
Compared to last Friday: Steer and heifer
beef steady to 500 higher; cow beef fully $1.00
lower; veal mostly $2.00 lower; lamb steady to
$1.00 lower; pork loins 8-16# 504-$1.00 higher;
Boston butts 4-8# and spareribs 3# down steady to
$1.00 higher.

PACIFIC COAST Choice steer beef was in
small supply at San Francisco but fully adequate
for a rather narrow demand at other points on
the west coast. Some accumulations were found
at Los Angeles, otherwise a normal clearance was
effected. Supplies of other steer beef were
slightly liberal for a slow movement. Calf
and veal was moderate but adequate for a fair
demand. Old crop lamb comprised bulk of the lamb
supply at Los Angeles and in the Pacific North-
west while spring lamb predominated at San Fran-
cisco. Fresh pork cuts were fully adequate for
a fair demand while smoked skinned hams were
more than adequate for narrow outlet as most
interests were not contracting for Easter as
yet. Prices compared with the previous week's
close: Beef mostly steady, instances 500 higher
on Choice steer beef in the Pacific Northwest
and $1.00 higher on Standard steer beef at Los
Angeles; calf and veal about steady; old crop
and spring lamb steady to $2.00 lower, instances
$5.00 off on spring lamb at San Francisco; fresh
pork cuts steady to $1.00 higher, instances
N. Y. shoulders $1.00 lower at Los Angeles and
spareribs $3.00 higher at San Francisco; smoked
skinned hams mostly steady, some sales $1.00
lower at Los Angeles; sliced bacon and lard
steady to $1.00 higher.

CARIOT MEAT TRADE REVIEWS

Trading on volume lots of meats was only
moderately active at best with demand generally
fair except at the close when outlet was rather
narrow at most points. Volume of sales was
moderate but near normal clearances were ef-
fected as overall supplies were below recent
weeks. The reduced volume was the main factor
influencing a steady to 50f higher general trend
on steer and heifer beef. However, sales were
500-$1.00 higher at Denver and Philadelphia and
Good steer beef advanced 50#-$1.00 at Omaha.
Cow beef declined 504-$1.50 at most centers and
sold $1.50-2.25 lower at Philadelphia. The
downturn on cow beef was due to poor demand
which was insufficient for small supplies.
Lamb carcasses closed steady to $1.00 lower for
the week. Pork loins sold mostly 500 higher
at Chicago and Omaha, however part of the
advance was erased at the close. At Philadel-
phia pork loins advanced $1.00-5.00.










Classificatic


Steer beef -
Prime
Choice

Good

Heifer beef -
Choice


269
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
on : *
s Apr. 2 : Apr. 4 : Apr. 2 t Apr. 4 F Apr. 2 : Apr. 4 : Apr. 2 2 Apr. 4
: 1960 : 1959 : 1960 : 1959 : 1960 : 1959 s 1960 s 1959
----------------------------------------------------


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

500-600#
600-700


47.90
46.95
44.20
44.70


Good 500-600 -
Veal -
Prime 90-120# 65.00
Choice 90-120 54.00
Good 90-120 49.00
Lamb -
Prime 45-55# 50.00
Choice 45-55 46.00
Fresh pork -
Loins 8-124 44.70
Butts 4-8 56.70
Spareribs 3# down 42.00
Cured pork -
Hams, ank. skd. -(Cook
before eating) 12-16# 46.00
Bacon, smoked, sliced -
1# package (box lots) 58.50
Picnics, smoked (Cook
before eating) 4-8# 29.50
Lard, 1# carton 12.75

*Sprigg lamb. -- -


55.50
48.55
48.05
45.50
46.00


61.50
55.50
48.50


46.00
44.75
45.51
45.51

45.00
45.00
41.56

58.50
54.00
49.88


46.88
45.58
45.50
45.50


57.50
51.50
48.00


45.00
45.50
44.00
45.00

45.50
42.50




55.00
--


45.30 46.50 44.50 47.25*
44.00 46.50 43.50 47.25*


44.45
55.50
41.25


42.75
55.15
59.75


42.45
52.19
58.75


47.00
58.50
44.75


46.50
45.25
45.25
44.00


45.00
45.25
43.00
41.00


47.00
45.50
45.75
44.62


-- 44.75
45.25
42.00



56.00 -- --

-- 42.00 45.00*
45.25* 40.00 45.00*


48.00
40.00
46.25


45.62
56.62
45.12


43.88
56.00
41.00


49.00 51.25 48.25 50.50 52.50 50.00 48.50

46.00 50.00 52.00 49.00 52.00 49.88 52.25

51.50 54.00 54.75 32.00 55.00 52.50 54.58
15.00 12.75 13.50 16.50 16.50 14.59 15.25

OA nT I WE E OTC .wvv mP I\ A'DDTT 1 1 9O6n


DULM r&.Vira uWjR aL TJ a ,
-" -7 + -' "-- -" -ri -e- paTdF7o ----- -- FrTcasde 1vireid- '
Classification 000 45045F 4.-0 4325437 4646.5 M4650470
lSfetf-c --------- ----- ----- -- -
Choice 600-700# 44.50-45.00 45.50-44.00 43.25-43.75 46.00-46.50 46.50-47.00


Good


Heifer beef -
Choice

Good


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

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


Cow beef All weights -
Utility
Canner and Cutter


Choice


Fresh pork -
Loins


55-45#
45-55
55-65
55-45
45-55
55-65


44.00-44.50
45.00-45.50
42.00-42.50
42.00-42.50
41.50-42.00

45.50
43.50
40.00-40.50
40.00-40.50

50.50-51.50
30.50-51.50




45.50-46.50
45.00-44.00
40.00-41.00


43.00-45.50
42.00-42.50

40.00-42.00
40.00-41.50

45.50
42.00-42,50



52.50-34.00


42.75-45.00
41.75-45.00
39,50-40.50
42.75-45.00
41.75-45.00
59.50-40.50


42.75-45.25
42.25-42.75

41.00-41.75
40.50-41.00

42.50
42,25-42.50
39.00-59,50
59.00-59.50

50.00-50.50
50.00-30.50


44.25-45.85
42.25-45.75
40.75


45.50-46.00
45.00-45.50

43.50-44.50
45.50-44.00


47.00-49.00
4E.00-46.50
45.00-44.50


45.50-46.50
45.00-45.50

45.00-44.00
43.00-44,00


45.00-45.50


51.50-35.00
51.50-52.00

47.00-47.50
45.50-46.00
42.00-42.50
47.00-47.50
45.50-46.00
42.00-42.50


40.00-41.00 41.50-45.50 41.00-43.00
wommememememmmemememneman


Lamb -
Prime


8-12# 40.50-41.00





270


AVERAGE PRICES RECEIVED BY FARMERS FOR LIV


Commodity and unit

Prices received by farmers -
Hogs per 100 lb. Dollars
Beef cattle "
Calves "
Sheep "
Lambs "
Wool / per pound
Corn per bushel
Oats "
Barley "
Hay, all baled, per ton"
Cottonseed "


Hog-corn price ratio
United States
N. Central States
Iowa
Index numbers: (Av.
All farm products


3/
Bushel
11

Jan. 1910 -


Feed grains and hay
Meat animals
Prices paid by farmers *
All commodities


: Mar.
: 15
j 1960


r.L


1960
1960


-A-.


15.10 15.00
21.60 20.60
25.10 24.70
6.27 5.96
20.50 18.60
.452 .428
.999 .995
.676 .678
.859 .860
22.90 22.50
59.80 39.60


15.1 15.1
15.9 13.6
18.6 16.0
Dec. 1914 = 100)
240 255
153 153
507 286


276


276


RESTOCK, FEED AND WOOL /
Jan. Mar. Average
15 15 Jan. 947
1960 1959 Dec. 149


12.10
20.50
24.00
5.74
17.80
.425
.979
.685
.848
22.20
39.60


12.4
12.8
14.5

251
151
278


275


15.40
253.50
27.90
7.25
18.90
.356
1.06
.590
.905
18.80
45.40


14.5
15.1
15.5

244
155
327


21.90
20.20
22.60
9.15
21.90
.460
1.64
.852
1.57
22.40
71.60
Mar. av.
1949-58
14.1
14.6

1947-49
271
230
554


275* 240


I/ Estimates of Crop Reporting Board. 2/ Average local market price for wool
sold; does not include incentive payment to bring season average return to 620 per
pound. 3/ Number of bushels of corn equal in value to 100 pounds of hog, live wt,
*Revised. EFFECTIVE PARITY PRICES FOR LIVESTOCK, FEED AND WOOL _i
: Adjusted : Effective parity prices 5
Commodity and unit : base : based on data for
prices .Mar. 1960 Feb. 1960 Mar. 1959
Hogs per 100 lb. Dollars 7.14 21.40 21.50 21.70
Beef cattle 7.92 23.80 25.70 23.20
Calves 8.75 26.20 26.20 25.50
Lambs 8.55 25.60 25.60 25.70
Wool per pound 4 .248 .744 .742 .721
Corn per bushel .545 1.64 1.653 1.69
Oats .281 .845 .840 .837
Barley .424 1.27 1.27 1.28
Cottonseed per ton 4/22.40 67.20 67.00 67.00
/ Parity prices are computed under the provisions of Title III, Subtitle A, Sec-
tlon 301 (a) of the Agricultural Adjustment Act of 1958 as amended by the Agricul-
tural Acts of 1948, 1949, 1954, and 1956. ;/ Adjusted base price 1910-14 derived
from 120-month, January 1950-December 1959 average (including an allowance where
appropriate for unredeemed loans and other supplemental payments resulting from
price support operations) by dividing by 255 percent (the 120-month average of the
Index of Prices Received by Farmers adjusted to include an allowance for unredeemed
loans and other supplemental payments) unless otherwise noted. 5/ Effective parity
prices as computed currently using base prices in effect and indexes for months in-
dicated. These parity prices are the legally applicable parity prices for the fol-
lowing calendar month. 4/ Adjusted base price 1910-14 derived from 10 season aver-
age prices 1950-59 (including an allowance, where appropriate, for unredeemed
loans and other supplemental payments resulting from price support operations).
/ Transitional parity, nonbasic commodities 45 percent (50 percent during 1959)
of parity price computed under formula in use prior to January 1, 1950.






271


COMMERCIAL LIVESTOCK SLAUGHTER, UNITED STATES,FEBRIAkR 1960 /
------ --- - -
Cattle Calves
Hon?1~7- T~""T"tir ------ -- ----7-- ---7--oe" -------7- --
Month Other A. Other I Av.
and a Fedeally c- Total live Federally c- Total live
period t inspected mercial eighttinspected mercial eight
I a $ $ 3 I $ s


Thousand head
Feb. 1960 1,456.8 421.6 1,858.4
Feb. 1959 1,219.5 598.1 1,617.4
Jan.-Feb. 1960 5,001.2 888.2 5,889.4
Jan.-Feb. 1959 2,660.1 872.5 5,552.4

Hogs


Pounds
1,027
1,055
1,050
1,036


Thousand head
588.8 221.8
376.8 224.4
802.2 455.6
801.1 475.6


Sheep and Lambs


Feb. 1960 5,841.1 1,167.4 7,008.5 229 1,076.0 119.4 1,195.4
Feb. 1959 5,686.1 1,029.1 6,715.2 2355 1,079.8 158.0 1,217.8
Jan.-Feb. 1960 12,557.4 2,450.8 14,788.2 232 2,312.6 259.0 2,571.6
Jan.-Feb. 1959 11,570.8 2,174.2 15,745.0 255 2,402.0 510.4 2,712.4
O-E -E-I -de s far sl-agher.- -- - --- B-- --- --
COMMERCIAL MEAT AND LARD PRODUCTION, UNITED STATES, FEBRUARY! 1960 2/


------~~~~-~~-~~~~~~---------------------
Month and : Bef Pork: : Lamb : Total :
period : : :and mutton a meat :
- - - sw -
Mi 1 lion P o unds
Jan. 1960 1,192 78 1,0 6 68 4/ 2,394
Feb. 1960 1,086 72 940 60 2,158
Feb. 1959 946 69 907 62 1,984
Jan.-Feb. 1960 2,278 150 1,996 128 4,552
Jan.-Feb. 1959 2,075 146 1,872 157 4,228
- ~ ~ ~~-- - - :- - -
/ Excludes farm slaughter. 2/xcludes lard and rendered pork fat.
/ Includes rendered pork fat. 4/ Revised.
Agricultural Estimates Division.


Grade


MEATS AND MEAT PBDDUCTS GRADED, OR ACCEPTED AS COMPLYING WITH
SPECIFICATIONS -- BY HE U. S. DEPARTMENT OF AGRICULTURE V
- -- ------ ---~ ---- = -~
a Beef : Veal and calf : Lamb and
S Feb. Feb. : Feb. Feb. : Feb. :
: 1960 a 1959 : 1960 ; 1959 : 1960 :
-~- ~~ ----- ----we m m a m


Prime .
Choice. ..
Good. .
Standard. .. .
Commercial. ..
Utility ... .
Cutter. .. .
Canner ....
Cull. ..
Total .


Thous. pounds
16,456 16,644
541,955 285,117
150,592 140,754
14,754 12,923
4,571 5,900
4,829 5,624
812 1,552
50 217


Thous. pounds
89 212
2,267 2,426
6,657 4,851
1,182 895

152 98


Thous. pounds
161 267
15,408 21,407
1,725 2,3553


,960 464,491 10,19 8,495 17,298 24,0
555,960 464,491 10,519 8,495 17,298 24,059


Bull and stag beef. 705 592
All other meats
and lard. 12,281 11,075

1/ Totals pertain only to meats offered to the U. S. Department of Agriculture for
grading or acceptance.


610.6
601.2
1,257.8
1,276.7


Pounds
207
205
211
205


104
105
103
104


Lard /
~---'


_ 239
205
208
442
456


mutton
Feb.
1959
- em- em am








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

OFFICIAL BUSINESS

Fona AMS-4/5/60
Permit 1001


UNIVERSITY OF FLORIDA

II IHnIllJ ll llllllI1111 lll IH l llilll 1
3 1262 08735 7199
U. S. Department of Agriculture


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


Grade


Prime .
Choice. .
Good. .
Standard .
Commercial.
Utility .
Cutter. .
Canner. .


MEATS AND MEAT PRB)UCTS GRADED, OR ACCEPTED AS COMPLYING WITH
SPECIFICATIONS BT THE U. S. DEPARTMENT OF AGRICULTURE 2
Beef : Veal and calf : Lamb and mutton
: Jaan. J an. T Jan. Jan.
S 1960 : 1959 : 1960 : 1959 : 1960 : 1959
I I~- -- - - --~~-
Thous. pounds Thous. pounds Thous. pounds
. 18,214 18,976 130 126 124 269
. 375,499 542,520 2,498 2,556 16,885 25,459
. 156,558 159,685 6,982 5,114 1,788 2,518


. 14,454 15,802
. 5,404 4,805
. 10,060 4,151
. 1,652 1,074
.. 61 150


1,355 1,584


129
129


140
140


Cull. ...
Total .


6- -5 00 i4x --
581,662 544,940 11,108 9,342 18,799 28,089


Bull and stag beef. 605 725
All other meats
and lard. 15,445 11,116
/ Totals pertain only to meats offered to the U. S. Department of Agriculture for
grading or acceptance.


SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In Dollars per 100 pounds
----------------------------~ ------,
: :- : Kansas : Fort" :
Classification Chicago Omaha City : Worth : Denver
!;CM&R ai;E& oo!Z) ~---,jiwt 0- -- --- -- --- --
SLAUGHTER LAMBS: (Wooled) All wts.
Prime Apr. 2, 1960 22.75 22.40 25.12* 25.20* 21.92


Choice

Good


Apr. 4. 1959
Apr. 2, 1960
Apr. 4, 1959
Apr. 2, 1960
Apr. 4, 1959


=-- -- -
22.08 21.65 21.50 22.50*
21.40 21.00 22.48* 21.80*

21.15 20.65 20.10 21.70*
20.90 20.08 21.50* 20.85*


EWES: (Wooled) All wts.
Good and Apr. 2, 1960 8.25 7.00 6.50 -
Choice Apr. 4, 1959 7.75 8.12 7.25
Cull and Apr. 2, 1960 7.00 5.25 5.00 7.50**
Utility Apr. 4, 1959 6.75 6.25 5.88


FEEDER LAMBS All wts.
Good and Apr. 2, 1960 21.25
Choice Apr. 4, 1959 19.88 --
*Spring lambs. **Shorn basis.


18.20
17.40


orth --
Ogden :Portland


21.75 21.25


21.40 21.25 20.56
20.25 18.75 18.75
-- ------------~~
20.12 20.38 19.00
19.25 18.00 18.00

6.88** 6.50 7.75
9.00 6.75 8.56
4.75** 4.75 6.00
6.12 4.25 5.88
-~--~------------

20.25 16.62
19.12 -- 15.50
----------------


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Full Text
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