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

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004691915
oclc - 04512121
lccn - sn 87043107
Classification:
lcc - NOT IN LC
ddc - 338.105
System ID:
AA00008493:00119

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
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LIVESTO K


MEAT


WOOL


1/[ wy



WEEKLY SUMMARY

AND STATISTICS


LIVESTOCK DIVISION, AGRICULTURAL MAR
U.S. DEPARTMENT OF AGRICUi
WASHINGTON 25, D.C. /
Vol. 27, No. 48 I
Week ended November 28 \c

Livestock Market Reviews . .
Livestock Market Receipts & *
Steer Sales Statistics . .
Feeder and Stocker Statistics .* *
Estimated Slaughter and Meat Production .
Slaughter at Major Centers . .
Cattle Prices . . .
Hog Prices . . *
Hog Purchase Statistics . .
Sheep and Lamb Prices . g .
Estimated Percentage of Feeder and Stocker Cattle and
Slaughter Cows in Salable Receipts .
Wholesale Meat Trade Reviews . .
Wholesale Meat Prices .
Wool Market Review . . .


IM *- 960
. 961
. 962
* 0 0 9 962
* 0 963
. 0 964
. 0 0 965
* 0 0 966
. 967


. 0
* 0
. .
. .


967
968
969
970


Special to this issue
Federally Inspected Slaughter and Revised Estimates of Meat
Production, by weeks, October 1959 . .
Meat and Meat Food Products Inspected When Offered for
Importation, October 1959 . . .
Prices Received by Farmers, Nov. 15, 1959 .
Effective Parity Prices, Nov. 15, 1959 . .
Classification of Livestock Slaughtered, October 1959 .
Percentage Distribution by Classes of Cattle Slaughtered
under Federal Inspection, October 1959 .
U. S. Federally Inspec. Slaughter and Meat Production Oct.1959
Commercial Livestock Slaughter and Meat Production, Oct. 1959
Total Meats Graded or Certified, October 1959 .
Number of Cattle and Calves from Canada and Mexico Passed
for Entry into the United States, October 1959 .
Terms Used in Livestock Market News Reports . .


SERVICE


965

971
972
972
975

975
974
975
975

975
976


A0 -*WASg





MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Price trends on slaughter steers and
heifers were rather uneven at midwest termi-
nals. At Chicago, Prime steers sold steady
to 500 lower while other steers closed steady
to 50# higher. Sales on fed steers at other
midwest centers were generally steady to 50#
higher with most advance on Choice and Prime
offerings. Combined hog receipts at the 12
markets and in the Interior Iowa-So. Minne-
sota direct buying area were reduced about
17% from the previous week due to the holi-
day but were 13% above the Thanksgiving week
a year ago. Prices on barrows and gilts were
steady to 250 higher except at a few centers
where butchers over 240# sold steady to 25
lower. Slaughter lambs sold steady to 500
higher at most centers.

SLAUGHTER CATTLE AND CALVES The Thanks-
giving week's volume of salable cattle at
the 12 markets at 204,000 compares to 250,000
the previous week and 194,000 for the holi-
day week last year. The decrease in supplies
from the week previous was due to the holiday
and reduced marketing of stockers and feed-
ers. The number of slaughter steers sold
out of first hands at the 7 markets totaled
73,457 compared to 76,440 the previous week
and 70,142 a year ago. Price trends on fed
steers and heifers were uneven. At Chicago,
the increased volume of Prime steers sold
steady to 50f lower for the week while other
grades closed steady to 500 higher. Else-
where in the midwest, most slaughter steers
sold steady to 500 higher with the greatest
upturn at most centers on Choice and Prime
offerings. Standard and Good steers sold
steady at some centers and steady to 500 low-
er at Kansas City and St. Joseph. Trends on
fed heifers followed about the same pattern
as steer prices at most markets. Slaughter
cows sold steady to 504 higher, instances
$1.00 up; bulls steady to 50f lower with some
sales $1.50 off at Sioux City and Kansas City;
vealers steady to $1.50 lower.
At Chicago a few loads Prime 1150-1375#
slaughter steers cashed at $28.75-29.00; bulk
high-Choice and Prime $26.50-28.50; Good to
average-Choice $24.00-26.25. Elsewhere,
high-Choice and Prime fed steers realized
$26.00-27.00; most Choice $24.50-26.00; Good
and low-Choice $22.50-24.50. High-Choice and
mixed Choice and Prime heifers at Chicago
brought $25.25-26.00; load Prime 950# $26.25;
Good and Choice $22.50-25.00. At other mid-
west centers, Good and Choice heifers sold
from $21.00-24.50, several loads high-Choice
and Prime $24.60-25.00 and a few reached
$26.00 at Kansas City and St. Louis National
Stock Yards. Utility and Commercial cows sold


from $12.50-16.00, large share $13.00-15.50;
bulk Canners and Cutters $10.00-13.00. At
St. Louis National Stock Yards, Good and Choice
dealers brought $26.00-50.00, high-Choice and
Prime $31.00-52.00; Good and Choice vealers
at So. St. Paul $22.00-26.00 with Prime to
$29.00.

STOCKER AND FEEDER CATTLE AND CALVES -
Diminishing supplies of stockers and feeders
coupled with the shorter market week, made for
a substantially reduced movement throughout
the area. Demand was fairly good in the
northern Corn Belt where prices were steady
to strong, instances 50f higher. However, far-
ther south, particularly in the southwest, out-
let was only fair and prices were steady to
50 lower with sales $1.00-2.00 off at Okla-
homa City. Choice feeder steers, yearlings
and calves were relatively scarce except for a
moderate showing of Choice stock calves at Den-
ver and points along the upper Missouri River.
Good and Choice feeder steers sold from
$19.50-25.25, the majority $21.00-24.50; Cnm-
mon and Medium feeders $15.00-20.00. Good
and Choice 525-775# yearling steers realized
$21.00-26.50, few Choice under 600# to $28.50
at Sioux City, but otherwise only scattered
loads reached $27.00; Medium and Good stockers
$17.50-25.50. A small showing Good and Choice
yearling stocker and feeder heifers brought
$20.00-24.00; Medium and Good $16.00-20.00.
Good and Choice stock steer calves ranged
from $22.00-50.00, a liberal share $24.00 up
and at Denver and several points along the
upper Missouri River a few loads Choice and
Fancy stock calves cashed at $51.00-54.00.
Bulk Good and Choice heifer calves brought
$20.00-28.00. Medium and Good stock cows sold
from $11.00-18.00.

HOGS Receipts for the week at the 12
markets and in the Interior Iowa-So. Minnesota
area decreased 17 percent from the previous
week due to the holiday but were 11 percent
above the same week last year which also in-
cluded Thanksgiving. Receipts were rather un-
evenly distributed with the Interior receipts
on Monday at 150,000 head, the largest for any
day in 5 years and the 12 markets had their
largest run of the week on Tuesday. Price
declines on barrows and gilts Tuesday were
usually more than offset by moderate upturns
Monday and Friday and late sales were steady
to 25# higher for the week at most points.
The least advance was recorded on butchers
240# up and at a few markets these weights sold
steady to 25f lower. Sows sold steady to 25#
lower, but largely steady.
The bulk of the butcher supply was made






up of mixed U. S. No. 1-5 consignments weigh-
ing 190-260#. Best demand was for uniform
lots of butchers under 240#. Sows comprised
from 8-14 percent of total supplies at var-
ious markets and accounted for around 10
percent of the Interior area supply.
At midwest markets Friday, mixed U. S.
No. 1-5 190-250# butchers sold from $12.25-
15.50, largely $12.50-15.00; No. 1 and 2
lots brought $12.75-15.25 at Missouri River
terminals and up to $13.75 in the eastern
Corn Belt. Mixed U. S. 1-6, 270-600# sows
realized $8.75-11.25 with the majority under
400# $10.00-11.25. In the Interior area,
No. 1-3 200-240# butchers sold from $11.70-
12.65, moderate supply of No. 1 and 2 selec-
ted lots $12.65-135.00 with a few to $15.25;
mixed U. S. 1-5, 270-400# sows sold from
$10.00-11.50; No. 2-5, 400-550# mostly
$8.75-10.00.
Average cut-out value advantage of U. S.
No. 1 over No. 5, live basis 200-220# bar-
rows and gilts was 900 per cwt. based on
wholesale carlot prices of fresh pork cuts
at Chicago November 23 to November 27, 1959,
inclusive.
Feeder pigs at Sioux City sold 25-50f
higher with most Medium and Good 130-160#
weights at $10.00. At So. St. Paul, sales
were weak to 500 lower with Good and Choice
feeder pigs largely $10.00, few $10.50. Sales
were steady at Memphis, Common and Medium
60-120# feeders brought $8.00-10.00.

SHEEP AND LAMBS Receipts at the 12
markets for the holiday shortened week were
about the same as in the previous week but
9 percent more than a year ago. Prices on
slaughter lambs were steady to 500 higher at
most markets. However, shorn slaughter lambs
sold steady to 500 lower at several centers.
Slaughter ewes were mostly steady, instances
firm to 500 higher. Limited sales of slaugh-
ter yearlings were about steady. Feeder
lambs sold steady to weak aside from the
$1.50-2.00 decline at Ft. Worth.
Mostly Choice and a few Choice and Prime
85-113# wooled slaughter lambs sold from
$18.00-19.50, bulk $18.50-19.50, and some
Choice reached $20.00 at St. Louis National
Stock Yards. A consignment of Choice and
Prime 115# lambs sold at $17.50 at So. St.
Paul. Bulk Good and Choice 75-120# slaughter
lambs sold from $17.00-19.00; Utility and Good
$15.50-17.50. Choice and a few Choice and
Prime 90-108# shorn slaughter lambs with No.
1 and fall shorn pelts sold from $17.75-18.50,
some Choice 93-105# fall shorn $18.75-19.00
at St. Louis National Stock Yards. Scattered
lots Utility and Good 100-109# fall shorn
and wooled slaughter yearlings sold from
$13.00-16.00. Cull to Choice wooled slaughter
ewes sold from $2.50-6.00 except at Ft. Worth
where Cull and Utility ewes brought $6.00-7.00.


Good and Choice wooled feeder lambs sold from
$15.00-18.25; Medium and Good feeders $14.00-
16.75 with same grades of shorn offerings at
$15.00-15.00.

RANGE AND FEEDLOT SALES
Note: Shrink on most range and feedlot
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, CALIFORNIA, NEVADA, AND UTAH -
Direct trade on slaughter steers and heifers
out of Arizona and California feedlots was
fairly active. Price trends were unevenly
steady to 500 higher, instances $1.00 up, with
least upturn on steers over 1200#; stocker and
feeder sales too limited for price test; slaugh-
ter lambs weak to 50# lower.
Slaughter steers: In Central California,
8 load string Choice yearlings, 900-950# steers
$27.00, 750-850# heifers $25.50; 40 loads
Choice steers under 1100# in both California
and Arizona $26.00-26.50; 16 loads Choice and
mixed Choice and Prime 1240-1400# $23.00-24.50;
high-Good and Choice up to 1225# $23.90-25.50;
mostly Good 1100-1200# $22.00-24.00; Standard
and Good 750-1100# $20.00-22.50. Slaughter
heifers: In Arizona, 4 loads Choice 850#
$26.00; high-Good and Choice up to 1100# in
both states $24.00-25.50; 4 loads mostly Good
775-850# $22.75-23.75.
Stockers and Feeders: Few small lots
Good and Choice 700-840# stocker and feeder
steers $23.00-24.00, 2 lots 540-600# feeder
heifers $22.00, Good with few Choice 575-700#
mixed steers and heifers $21.00. Good and
Choice 525-550# stock steer calves $25.50, 440#
heifers $25.50.
Slaughter lambs: Good to mostly Choice
shorn with No. 1 and fall shorn pelts $17.00-
17.50, some under 105# $18.50, and a few 115-
120# $16.00.

COLORADO, SOUTHERN WYOMING, WESTERN
NEBRASKA, AND WESTERN KANSAS Trading on fed
cattle direct at feed lots in Colorado very
active. Sales were confirmed on 319 loads of
fed cattle compared to 171 loads the previous
week and 154 loads a year ago. Fed steers sold
steady to 250 higher with heifers strong to
fully 250 up. Fifty-three loads average to high-
Choice 1100-1275# fed steers with some loads
carrying an end of Prime $26.75-27.25; 9 loads
mostly Choice 1125# $26.10-26,40; 96 loads
high-Good to average-Choice 1050-1325# $24.10-
26.00, mostly $25.00-26.00. Forty-seven loads
average to high-Choice 960-1025# fed heifers
$25.75-26.00; 16 loads low to average-Choice
925-950# $25.25-25.50; 94 loads high-Good
to average-Choice 850-1035# $24.25-25.25, late
sales mostly $24.75 and up; 4 loads mostly
Good 925# heifers $24.00. In the North Platte
Valley of Nebraska 8 loads high-Good to average-






Choice 925-950#F fed heifere sold delivered to
and weighed at Denver $25.00.
Very few direct.country sales in this
trade area on stocker and feeder cattle and
calves as most buyers continue to fill their
needs at the various special feeder auctions
held throughout the area. The few sales con-
firmed were made at steady prices. Colorado:
288 head Good and Choice 623-628# feeder
steers $24.25-25.00; string of over 500
head mostly Good 810# steers $22.50; 518 head
mostly Choice calves, 377-408# steers $29.50-
30.00, 311-378# heifers $26.00-28.00. West-
ern Kansas: 6 loads Good 850# feeder steers
$22.35.
Wyoming: Load Good and Choice 100#
wooled slaughter lambs $18.25, delivered Den-
ver; 300 Good slaughter ewes $5.00. In the
San Luis Valley of Colorado 600-700 head Good
to mostly Choice wooled slaughter lambs sold
delivered to near-by packing plant and weigh-
ed off trucks at $18.50.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Considerable amount of
snow and cold weather in the northern part of
the area. Direct trading on all classes of
cattle and calves very slow through the week
as confirmed sales on slaughter steers to-
taled only 24 loads and fed heifers 26 loads
with prices about steady. Most feedlot sales
were maie in the Amarillo area. Confirmed
sales of stockers and feeders totaled 8,675
head at 50#-$1.00 lower levels. Sixteen
loads Good and Choice 1075-1125# slaughter
steers $25.00 and 22 loads Good and Choice
900-1000# fed heifers $24.50-25.00, Amarillo
area. Eastern New Mexico, 8 loads Standard


and Good 850-1200# fed steers $21.00-23.50;
4 loads Good 760-834# heifers $23.00-25.25.
Good and Choice 575-800# stocker and
feeder steers $22.00-26.00, same grades 550-
700# heifers $20.00-24.50. Good and Choice
stock steer calves $24.00-28.00, heifers
$25.00-26.00; few small lots Choice 550-585#
steer calves $29.00-50.00. String 500 Good
stock cows with calves $225.00 per pair.

IDAHO, OREGON AND WASHIUGTON Prices
on slaughter steers and heifers were steady
to strong; stocker and feeder steers and
heifers generally steady; slaughter and feed-
er lambs mostly steady.
Slaughter steers: Washington Choice
985-1125# $25.50-27.00, 1150-1300# $24.50-
26.50. Idaho Choice 1000-1025# $25.25-26.00
with steers at $25.25 for delivery to start
in January and taken as ready; Choice 1150-
1500# $24.00-24.75. Slaughter heifers: Wash-
ington Choice 800-875# $24.50-25.00; mixed
Good and Choice, mostly Good, 860-975# $25.00-
25.75. Idaho Choice 850-927# $25.50-24.00,
some 1050# $22.50.
Washington and Oregon Good and Choice
585-450# stock calves, steers $25.00, heif-
ers $25.00.
Idaho Choice and Prime 112-115# cooled
slaughter lambs $17.25, Choice 104-106#
$17.50; Choice 112-115# $16.50-17.00. Ore-
gon Choice 115-114# shorn slaughter lambs
with No. I and fall shorn pelts $16.50.

MONTANA, NORTHERN WYOMING AND WESTERN
DAKOTAS Direct trading continued slow.
About 1000 Choice 380-400# stock calves,
$28.00-29.00 on steers, heifer mates $24.00.


WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
-~~ 7- "Cte "Calves R ~ ogs- : h- eep" -
Market Nov. 28 : Nv. 29 8: 8 7 9:Nov. 28 : Nov. 29- Nv. 28 :Nov 29"-
: 1959 : 1958 : 1959 : 1958 : 1959 : 1958 : 1959 : 1958
Chicago ........ 46,569 45,191 244 426 41,613 56,772 9,755 9,090
Cincinnati ..... 2,511 3,218 512 542 8,817 9,5394 556 690
Denver ......... 10,140 10,675 1,711 1,598 3,216 2,015 9,171 8,282
Fort Worth ..... 4,987 5,759 2,118 1,526 1,657 1,651 6,412 2,897
Indianapolis ... 4,656 5,567 457 486 27,454 55,650 4,155 5,851
Kansas City .... 17,702 14,670 1,772 1,267 13,156 10,788 5,395 6,551
Oklahoma City .. 8,705 5,614 1,954 1,216 1,939 1,910 958 1,056
Omaha .......... 55,738 34,308 2,515 2,114 46,916 38,980 8,228 10,465
St. Joseph ..... 14,261 12,922 690 1,055 28,578 22,005 5,609 3,495
St. Louis NSY .. 12,597 10,320 1,647 2,143 57,541 42,583 4,4355 5,411
Sioux City ..... 29,255 29,702 8,104 5,592 48,539 46,955 10,393 7,872
S. St. Paul .... 17757 20174 _7775 104535 54,062 65.851 15A971 14-474_


Total ..........
Nov. 21, 1959 ..


204,438 193,920
250,052
INTERIOR


29,477 28,178 555,048
48,055 443,643
IOWA AND SOUTHERN MINNESOTA


Nov. 28, 1959
Hogs .... 403,000
Sheep ... 23,000


Nov. 21, 1959
440,000
25,700


512,552 81,014 74,094
81,661

Nov. 29, 1958.
548,500
23,300





961
STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER l/

: mber of head : Percent of total : Average weight Average price in
Number of head by grades (pounds) ;dollars per 100 lb.
---------- ---- ------------- ---------------- -----------------
: Week ended
:- "9v" 2 ";' f1. 2:- 1fW. 1-9':- fF. T:"- o. 95: OF 19. T2:- 1-9*:-' '. -7
: 1959 : 1958 : 1959 : 1958 : 1959 : 1958 : 1959 : 1958


Prime*.........
Choice.........
Good...........
Standard.......
Gommercial.....
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...... 000....
Standard.......
Commercial.....
Utility........
All grades.....


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


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


4,666


5,658
20,569
4,956
968
18
97
50,266



7,555
5,515
565
49
15,947


6,454
4,428
427
175
11,546

46
1,759
2,447
999

97
5,548
-m n


446
2,631 1,
977

522
4,576 2,



2,808 2,
2,462 2,
747 1,
32
6,049 5,



855 1,
872 1,


1,725 2,


12.1


19,276 68.0
4,548 16.4
571 5.2
..- .0
.. .53
28,661

752 1.9


7,812
5,817
1,484
90
15,955


8,159
2,450
544
114
11,108


1,5
2,9
7


5,5


54.2
59.5
4.0
.4


CHICAGO
16.5
67.2
15.2
1.3
p --
I --

OMAHA
) 5.5

56.1
27.4
10.6
.6


SIOUX CITY
.5 .5
55.9 73.3
58.4 22.1
5.7 3.1
1.5 1.0


75 .9 1.4
56 52.9 29.1
88 45.7 55.9
09 18.7 15.2

23 1.8 .4


51


ST. LOUIS NSY


-
890
629
429

12
960


9.7
57.5
21.4

11.4


-
50.1
55.0
14.5

.4


1,245
1,154
1,089
1,059
1,554
1,069
1,151

1,275
1,157
1,124
1,091
995
1,152

1,215
1,145
1,077
1,081
1,025
1,114

1,098
1,107
1,156
1,069

1,078
1,122



1,060
1,155
1,119

1,015
1,111


1,230
1,197
1,125
1,054


1,189

-1,192
1,145
1,110
1,157
995
1,158


1,159
1,099
1,075
1,110
1,145

1,096
1,110
1,129
1,057

1,126
1,111



1,126
1,067
1,048

1,028
1,082


27.78
26.28B
24.75
22.26
22.25
19.74
26.09

26.76
25.05
23.47
21.01
18.54
24.28

26.55
25.00
25.69
21.58
19.42
24.32

27.00
25.50
25.02
20.59

17.12
25.26



26.26
24.55
22.16

20.10
25.75


S. ST. JSEPR


067
169
555
54
645


259
157
69

485


46.4
40.7
12.4
.5


56.6
58.4
24.0
1.0


1,108
1,122
1,067
1,017
1,108


1,092
1,145
1,126
985
1,119


-- -
49.4 50.7 1,175 1,184
50.6 46.5 1,141 1,150
-- 2.8 -- 1,014

1,157 1,164


24.67
22.68
20.20
16.10
25.28


26.18
24.73


25.46


28.05
27.07
26.22
24.77


27.09

27.17
26.26
25.25
23.64
21.16
25.72

W7.01-
26.01
25.05
25.89
22.55
25.72

28.00
26.44
25.10
25.72

21.05
25.54



26.55
25.45
25.79

21.00
25.55



26.93
25.27
25.85
22.10
25.49


26.39
25.55
22.20

25.91


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


Grade





962


FEEDER AND STOCKER CATTLE: AVERAGE COST WEIGHT AND NUMBER
Week ended : Month Four months
SNov. 26' Nov. 19: Nov. 27: Oct. Oct. July:- Oct.
1959 1959 1958 1959 : 1958 1959 1958
Steers 1001 up 548 755 557 4,204 35,854 14,8359 17,928
901-1000 1,522 2,129 1,665 15,915 11,505 48,619 49,684
801.900 4,575 4,774 2,421 26,995 24,959 85,126 82,600
701-800 7,125 8,655 4,529 55,499 45,515 125,499 112,255
501.700 15,442 17,855 8,862 95,768 92,712 260,166 226,857


Total steers 10 mkts.
Av. wts. "
Av.coSt*" "t
" Chicago
" Ks. City
" Omaha
" "S. St. Paul
" "Sioux City
" "Denver
" "Ft. Worth
" to Okla. City
" S. St. Joseph
" Nati. Stk. Yds.
Total calves-10 mkts.
* heifers I N


a Iove


1 U


26,610 34,146 18.012 196,379 178 541 550,;249 489,54"
709# 707# 716# 716# 712# 719# 751#
$22.56 $25.44x* $27.50 $24.95 $26.72 $25.76 $26.09
24.14 26.55 26.80 25.82 27.14 26.42 26.18
22.11 22.85 26.67 24.41 25.80 25.24 25.38
25.20 25.98 28.84 26.50 27.79 26.82 27.52
21.67 20.87 24.72 25.57 25.40 24.26 24.68
25.75 24.18 28.20 26.07 27.58 27.05 26.88
24.00 24.07 28.27 25.67 27.68 26.09 27.07
19.72 21.75** 24.60 22.68 25.26 24.75 25.14
19.72 21.15 27.70 22.02 24.57 24.67 25.04
21.48 22.57 26.44 25.50 25.07 25.12 24.89
21.05 25.55 24.81 25.15 24.44 24.52 24.51
29,115 57,482 20,428 116,786 159,946 295,514 294,562
5,596 5,867 4,060 51,894 56,757 99,925 107,059
1,757 2,055 2,999 6,100 8,779 14,811 19,085


* Not adjusted for differences io grade of cattle sold at each market.
*-Correction.

ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
------------------------------- -------------. -
t Beef Veal Fork lamb Total 'Total
Week $ -- -- ----- excl.lardlj s and Mttuon meat lard
ended : Nwm- P rPod N's Na Num. :. Nua ..: pa r
L kr I : ber bers ber : _s
Looo ,,il.lb. 1 mil.lb. 1000 mil.lb. 1.000 mil.lb.mil.lb.mil.lb.
Nov. 28, 1959 505 180.0 90 10.2 1,550 187.0 230 11.0 588.2
Nov. 21, 1959 540 196.9 110 12.4 1,570 214.8 225 10.6 454.7 -
Nov. 14, 19591/ 2/ 2/ 2/ 2- / -- 2/
Nov. 29, 19581/ 281 166.7 93 10.5 1,171 165.1 200 9.7 552.0 4'.6
Percentage clinge from
Nov. 21, 1959 -10 -9 -18 -18 -14 -15 2 4 -11 -
Nov. 29L 1958 9 8 -3 -5 15 13 15 15 10 -
A_ .. age w0L.- ---t_- _. Lard
Week 9 Cattle : Calves I Hogs 2 Sheep yield
ended -. / ..ad Jj ... spr
: -Li-*ve-s-.res-s..I-e- ADr-e Pse-sd Ive: r eds. ier D asLld.10..-b.__
Nov. 28, 1959 1055 590 200 113 245 158 101 48 --
Nov. 21, 1959 1025 579 200 115 240 157 99 47 -
Nov. 14, 1959 1030 587 205 116 240 157 99 47
Nov. 29. 1958 1055 595 204 113 246 141 100 48 -14.1
i/ Actual slaughter. 2J Not available at this time.







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964


CATTLE: WEEKLY AVERAGE( OF DAILY QUOTATIONS
In dollars per 100 pounds
---------------------- a-- ----- -


Classification


: Chicago


! Kansas City Omaha


*- -- L -- a-. .
2 Nov. : Nov. < Nov. t Nov. Nov. Nov.
28 3 29 : 28 : 29 28 29
S1959 1958 : 1959 : 1958 : 1959 1958
m!. .. .0. J. a 1aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa


Denver Los Angeles

Nov. Nov. Nov. Nov.
28 29 28 29
1959 1958 1959 :1958
-- -- : -: -


Steers -
Prime 900-O1100#O
1100-1300
Choice 900-1100
1100-1300
Good 900-1100
Standard-All vts.

Heifera -
Choice 600-800#
Good 500-900
Standard-All vts.
Cows All weights-
Commercial
Utility
Canner & Cutter

Bulls All wts. -
Utility & Coau'1.
Calves 500# dn.-
Choice


Stand. .
Vealers
Choice
Stand. i


Steers -
Choice
Good


Good
All ivte.-
Prime
Good


Slajhter cat tIe. calves and dealers


27.58
27.94
26.56
26.31
24.50
22.25


--
25.25
20.88

14.88
13.69
12.22


28.58
28.09
27.72
27.25
26.16
24.66


27.12
26.00
25.94

20.06
18.44
16.88


19.28 24.54


25.
25.
25.
19.


- 27.12
- 27.18
50 27.00 25.65
58 26.62 25.44
06 25.58 25.12
88 25.25 20.25


24.88
22.58
19.25

15.62
14.12
11.12


26.62
24.89
22.75

20.75
19.00
15.81


17.66 21.75


m- 21.94
- 18.94


52.50
26.56 28.50


27.00
22.69


26.81
24.16

50.58
27.25


24.28
22.16
19.75

14.75
15.47
11.25


27.88
27.50
26.75
26.58
25.50
25.75


26.75
25.50
25.62

19.58
18.00
15.75


18.50 21.56

-
-


24.69
21.90


27.50
24.00


mm -- -


26.25
26.29
23.58
20.25


25.12
22.50
19.25

16.12
14.57
11.58


-M
26.853
26.58
24.75
22.00


26.50
24.92
22.00

..
19.25
16.50


18.92 25.12

27.00
25.00

29.00
25.25


dmm O
25.62 26.25
25.25 25.62
25.50 25.12
21.12 25.75


25.12
25.12
20.75

16,58
15.25
12.50


22.25 24.66

29.00
25.25 25.75


28.00 -


Feeder and stocker cattle and calves


500-800#
a a


Medium 500-1000
Heifers -
Choice 500-750
Med. & Gd. 8 "
Cows All vts. -
Med. & Gd.
Calves 300-500#-
Steers -
Good & Choice
Heifers -
Good & Choice


27.75
25.75
22.00


50.84
27.75
24.69


24.75
22.50
19.50


- 22.00
- -- 19.00


50.25
27.50
24.00

27.50
24.25


- 14.00 19.00


- 54.88

- 50.88


26.75 35.00

23.00 51.00


27.12
24.62
21.25

24.50
21. 25


50.50
26.75
25.75

28.00
25.75


13.75 20.00


29.75 56.50

25.50 3355.00


25.75
24.25
21.50

25.00
20.25


29.00
27.25
24.00

26.50
25.75


15.00 19.50


29.00 55.00

25.75 52.25


24.00
21.25


14.00 19.00


26.50 50.50

24.00 -


- ---- -- ---- ---- -- ---- ---- -- ---- ---- -- ---- -----a


25.50
24.58
23.12

20.38
18.75
16.25


--
25.58
25.00


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966
HOGS: AVERAGE COST. WEIGHT. AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
---- ---- --- ---- --- --- -- --- ---- --------- ------------------------
Louis Kan- S. S. 8-
Chi. Nati. sas Omaha Sioux St. S. Indian- mkts.
Week ended cago Stock City Ca City Joseph Paul apolis com-
Yards bined
AVERAGE COST- ~bDoin'adr 10.''0..ound.s
Barrows Nov. 28,1959 12.61 12.75 12.65 12.50 12.41 12.52 12.26 12.96 12.55
and Nov. 21,1959 12.55 12.62 12.31 12.16 12.05 12.20 12.09 12.87 12.34
gilts Nov. 29,1958 18.57 18.56 17.96 17.65 17.62 17.92 17.57 18.49 17.99
---------------------------------------w- -------------------------------------
Nov. 28,1959 9.78 10.32 10.19 10.55 9.95 10.29 9.91 9.81 10.05
Sows Nov. 21,1959 9.98 10.553 10.20 10.11 9.90 10.57 9.95 9.79 10.05
Nov. 29,1958 ..15.90 15..86 16..0615,59 .5.. 5&.,5 MQ. .5...J
AVERAGE WEIGHT Pounds
Barrows Nov. 28,1959 251 221 254 256 255 225 225 228 229
and Nov. 21,1959 229 220 250 252 252 225 222 228 227
gilts Nov. 29,1958 233 224 232 257 256 229 29 289L
Nov. 28,1959 458 403 429 424 424 597 406 441 420
Sows Nov. 21,1959 454 404 418 421 416 589 406 444 417
Nov. 29l1958 436 420 424 4455 AQ44
NUMBER OF HEAD -
Barrows Nov. 28,1959 51159 50164 11602 59055 41901 25006 40521 22795 262235
and Nov. 21,1959 45256 65227 17176 49545 57149 26600 57065 32128 548146
gilts Nov. 29,1958 29550 36520 9457 52076 41161 19702 53748 29069 251263
Nov. 28,1959 5182 4984 972 4859 5860 2185 5521 5252 50575
Sow* Nov. 21,1959 6775 6903 1667 6239 5540 2672 7845 4552 41971
Nov .9...1958 ...4. 7 -4 7.8.78 .... ...A ...41 ... .. ....51..
sows Percenta.e of total.
Nov. 28,1959 14 9 8 11 8 8 12 12 10
Nov. 21,1959 14 10 9 11 9 9 12 12 11
Nov. 29,1958 12 12 8 13 9 6 10 10 10
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG. COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
-------------------- --------------------- r----------------- r-----------
Hog products 1/ Hog prices 2/ or margin
Nov. 28, 1959 $15.57 $15.00 $2.57
Nov. 21, 1959 15.09 12.82 2.27
Nov. 29,. 1958 20.90 18.95.. 9........
I/ Value of all edible products, fresh basis (lard rendered) in 100 lb. of live hog corn-
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 ilts No. 3, yel ow price ratio
Dollars per Cents per # based on
100 pounds bushel barrows and gilts
Nov. 28, 1959 1261 110. 2 11.4
Nov. 21, 1959 12.55 110.6 11.5
Nov. 29, 1958 18.57 115.5 16.4
1/ Simple average price.


bushel barrows and gilts
Nov. 28, 1959 12.--61 110. 2 11.4-
Nov. 21, 1959 12.55 110.6 11.5
Nov. 29, 1958 18.57 115.5 16.4
1/ Simple average price.




967


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


* -


Classification


* 0 0


*Chicago
* :


Omaha :Kansas :
: City :


Fort :
Worth :


Denver


North
Ogden Port-
: land


* S


SLAUGHrI'ER LAMBS: (Wooled) A
Choice Nov. 28, 1959 3
Nov. 29, 1958
Good Nov. 28, 1959 1
Nov. 29, 1958
EWES: (Wooled) All wts.
Good and Nov. 28, 1959
Choice Nov. 29, 1958
Cull and Nov. 28, 1959
Utility Nov. 29, 1958
FEEDER LAMBS All vts.
Good and Nov. 28, 1959
Choice Nov. 29, 1958
*Shorn basis.


Ll wts.
8.91
?1.81
L7.94
0.50

4.25


6.
3.
6.


18.58
21.38
S17.50
20.38


18.25
20.81
17.25
20.25


5.12 4.25*


75 7.75
>25 35.88
50 6.50

-mm 17.75
-- 22.19


6.75
5.50-
5.50


17.42
21.25
17.25
20.75


6.
7.


-- 15.67
- 18.75


18.25
21.54

2017.75
20.67


- 5.58N
7.884
"50:* 3.75-
50 5.75


18.00
22.68


16.62
19.75
15.88
19.00

4.25
- 7.88
2.50
* 5.62

15.50
19.38


ESTIMATED PERCENT FEEDER AND STOCKER CATTLE
AND SLAUGHTER CCWS IN SALABLE RECEIPTS


Week ended


Nov.
Nov.
Nov.

Nov.
Nov.
Nov.


Nov.
Nov.
Nov.


27,
20,
28,

27,
20,
28,.


27,
20,
28,


1959
1959
1958

1959
1959
1958


Chicago : Kansas : Omaha
: City :
Feeders and
2 39 19
2 56 19
2 56 25


: S. St.
i Joseph
stockers
12
15
20


:St. Louis:
: NSY

15
14
6


Slaughter cows


5
5
6

Indian-
apolis


Fort
: Denver
: Worth
Feeders and


SOkla.
SCity
stickers


SWichita


1959
1959
1958


Nov. 27, 1959
Nov. 20, 1959
Nov. 28, 1958


20
25
10


----------------
Slaughter cws
25 20 12
17 25 15
22 25 10


17.25
19.25
16.50
18.50

5.00
8.00
3.50
5.25

14.62
17.56


Sioux
City

40
39
43


S. St.
Paul

8
10
15


San
Antonio





WHOLESALE MEAT TRADE REVIEWS


NEW YORK Non-locally dressed: Despite
rather narrow outlet for pork loins, prices
closed higher under the influence of reduced
supplies and higher replacement costs. Trad-
ing was fairly active for steer beef, lamb,
Choice and Prime veal and bulk pork cuts. De-
mand was only fair for cow beef and calf along
with Standard and Good veal carcasses. Prime
steer beef supply was small, while Good and
Choice were shown in moderate to near normal
volume. Supplies of other railstocks and pork
were generally moderate. Compared with Fri-
day, the week previous: Steer beef carcass
prices mainly 50#-$1.00 higher; cow beef
steady to weak; calf largely steady, instances
$2.00 lower; veal steady to $1.00 higher; lamb
steady to $1.00 up, the advance on Choice 55-
45# carcasses; pork loins $3.00-4.00 up; Bos-
ton butts and spareribs $1.00 lower; skinned
hams $2.00-3.00 higher.
Locally dressed: Trading was fairly
active for selected small lots of high-Choice
and Prime kosher steer beef, veal and lamb,
but bulk kosher meats sold slowly. Demand was
good for traefer steer beef, lamb and pork cuts
other than loins but poor for bulk veal and
calf. Early trading was slow on pork loins,
but fairly active late and clearances were
fairly complete. Production of railstocks and
pork was moderate to near normal. Prime steer
hindquarters sold strong to $1.00 higher,
Choice steady; Choice and Prime ribs $2.00
higher; arm chucks steady. Veal and calf hind-
saddles were unchanged; lamb carcass prices
held steady; pork loins $53.00-4.00 higher.
Prices on kosher steer forequarters were large-
ly steady except 500-$1.00 higher on selected
lots; kosher veal and calf steady; kosher
lamb prices $1.00 lower.

CHICAGO Fresh meat supplies were gener-
ally normal for the Thanksgiving week. Good
and Choice grades again predominated in the
beef supply. Most lamb carcasses weighed 55-
65#. Outlet for primal beef cuts was rather
poor for immediate use, however, a good demand
prevailed for product to be delivered after the
holiday and prices advanced, this a bullish
factor in the carcass market. Trading on veal
was dull. Moderate demand prevailed for car-
cass lamb and prices advanced for the first
time in nearly two months. Moderately active
fresh pork trade locally and shipping outlets
were good through Tuesday. Sharply lower
pork loin prices Wednesday more than offset
early upturns and weakness prevailing at the
close. Compared to the previous Friday: Steer
and heifer beef 50#-$1.00 higher; cow beef
steady to 50# higher; veal weak; lamb $1.00-
1.50 higher; pork loins 8-16# $1.00-2.00 lower;
Boston butts $1.00 lower; spareribs steady to
50# lower.


Choice and Prime squarecut beef chucks
brought $41.50-43.00; comparable rounds
$52.50-54.50; Prime loins $75.00-90.00, Choice
$64.00-75.00; Prime ribs $56.00-60.00, Choice
$55.00-57.00; Choice and Prime kosher style
chucks $42.00-45.00. Lamb hindsaddles were
$52.00-56.00; legs $52.00-55.00; loins $55.00-
58.00; ribs $50.00-55.00; stews $22.00-26.00;
shoulders $52.00-56.00.

PACIFIC COAST Volume of Choice steer
beef under 650# at Los Angeles and under 750#
at San Francisco fell a little short of trade
requirements, otherwise the supply of steer
and cow beef was rather liberal. Calf and
veal receipts moderate but ample; lamb was
liberal with some carcasses 55# up carried
over at San Francisco; pork supplies about
normal. Trading was generally slow except
fairly active for smoked hams and good clear-
ance all pork at Sair Francisco, Compared with
last week's close: Beef mostly steady except
some cow beef $1.00 lower at Portland; calf,
veal and lamb steady to $1.00 lower; fresh
pork steady to $2.00 lower except loins at San
Francisco and fresh skinned hams at all points
steady to $1.00 higher; smoked skinned hams
firm to $5.00 higher, bacon and lard about
steady.
Choice steer beef carcasses under 650#
brought $41.50-46.00, limited sales $47.00 at
Seattle, 650-700# $40.50-45.00, 700-800#
$59.00-45.00; Good steer under 700# $58.00-
44.00; Standard under 700# $36.00-41.00; Com-
mercial cow $50.00-54.00; Utility $28.00-55.00;
Canner and Cutter $25.00-51.00. Choice veal
90-150# $50.00-56.00 at Portland and San Fran-
cisco; Good at Portland $49,00-52.00; Choice
150-200# calf at Los Angeles $49.00-55.00;
Good in California $47.00-51.00; Choice 200-
500# calf at Los Angeles $48.00-51.00; Good
200-300# calf and all weights Standard $41.00-
50.00 over the area. Choice lamb under 55#
$57.00-42.00, 55-65# $56.00-40.00; Good all
weights $55.00-40.00. Fresh pork loins 16#
down $58.00-45.00: fresh skinned hams under
18# $41.00-44.00; Boston butts under 8#
$52.00-58.00; spareribs under 5# $55.00-
$42.00; smoked skinned hams under 18# mostly
$44.00-49.00; sliced 1# packages bacon $56.00-
45.00; lard in 1# cartons $12.50-16.00.



CARLOT MEAT REPORT Prices advanced on
carlots of steer and heifer beef and lamb car-
casses for the first time in 6 weeks. Trading
was moderately active at most points with de-
mand fairly good, particularly late in the pe-
riod. Most steer and heifer carcasses sold
500-$1.50 higher for the week; lamb strong to
$2.00 higher, largely $1.00 up.






DRESSED MEAT PRICES: WEEKLY AVERAGE OF DAILY QUOTATIONS
(In dollars per 100 pounds)


New York : Chicago : San Francisco .


Classification



Steer beef -
Prime 700-80(


Choice


: Nov. :
: 28 :
: 1959 :

# 48.25

44.75
42.50


)


500-600
600-700


Good 400-600
Standard 350-600
Cow beef, all wts. -
Commercial
Utility
Veal -
Prime 90-120
Choice 90-120
Good 90-120
Lamb -
Prime 35-45#


Choice


Good, all wt
Pork Fresh -
Loins

Butts
Pork Cured -
Hams, shik. s]


45-55
45-55
55-65


s.

8-12#
12-16
4-8

kd. -
L2-16#
16-18


Bacon, smk. Slab -
6-8#
8-10
Sliced, 1# pkg.
Picnics, smk.,4-8#
Lard, 1# carton -
Refined


Nov.
29
1958

46.25

45.25
42.75
Dee,


Nov. ,
28 :
1959 :


42.75
42.50
41.17
59.42


Nov.
29
1958

44.25
44.55
44.55
42.55
41.50


Nov. :
28 3
1959 :


44.50
42.65
42.75
39.50


Nov.
29
1958


45.25
43.00
44.00
59.50


Los Angeles

Nov. : Nov.
28 : 29
1959 : 1958


j


44.00
42.00
42.00
41.00


55.00 59.50 28.25 55.75 52.00 57.50 31.50 56.25
355.75 37.75 26.92 54.85 29.50 56.50 29.00 36.25


59.00
47.50
45.00

42.50
42.00
40.25
59.50
39.50

40.88
59.88
55.00


59.50
52.00
49.12

51.00
50.50
47.50
45.75
46.58

48.75
47.62
57.00


55.00
47.00
42.00



58.85
57.17
55.58

57.62
56.19
28.62


52.50
49.00
46.50

47.50
47.00
46.00
44.50
45.50

45.69
43.55
54.25


55.00



40.20
58.10
59.20

42.10
40.50
55.00


--
--
55.00


45.50
45.50
44.00
42.00

48.00
48.00
46.00


41.00
41.00
39.00
59.00

59.50
39.50
55.50


45.00
45.00
45.00
45.00

47.00
47.00
42.50


42.50 55.62 47.50 56.50 49.80 56.00 48.50 55.00
40.50 55.12 46.50 55.67 45.40 56.00 48.00 54.00


27.50
28.50
55.50
29.75


42.50
48.00
54.75


51.50
29.25
59.25
52.00


49.58
47.67
55.55
37.5533


40.50
31.00


56.00
54.00
56.00
56.50


e--
41.00
31.50


44.50
44.00
55.50
36.00


15.25 15.69 12.83 15.53 15.50 20.50 15.75 17.75


Note: Quotations at New York exclude locally dressed fresh meats. Variation in prices in some
cured pork cuts between Chicago and New York due in part to differences in processing and packaging.
BULK PRICES CARLOT BASIS WEEK ENDED NOVEMBER 27, 1959
i: Prices paid F.O.B. : Prices delivered
-ass- --t Chicago : Denver : Omaha :C New York : Philadel hia-


Steer beef -
Choice 600-700#
700-800
800-900
Good 500-600
600-700
700-800
Heifer beef -
Choice 500-600#
600-700
Good 500-600
600-700
Lamb -
Choice 35-45#
45-55
55-65


41.50-42.00
40.50-41.00
40.00-40.50

40.00-40.50
59.00-40.00

40.00-40.50
59.50-40.00
58.00-58.50
38.00-58.50

38.00-59.00
58.00-39.00
56.00-56.50


40.50-41.00
59.50-40.50
58.50-59.50

59.00-40.00


59.00-41.00
58.50-59.50



55.50-56.50
55.50-56.50
55.50-56.50


41.00-41.25
40.00-40.75
39.00-39.75

39.50-40.25
58.50-59.25

59.00-59.50
59.00
57.50-58.00
57.00-37.50

57.25-37.75
57.25-37.75
56.25


45.50-44.50
45.00-45.50
42.00-42.50
42.00-42.50
42.00-42.50
41.00-42.00

41.50-42.00
41.50-42.00



40.00-41.00
59.00-40.50
37.00-58.00


45.00-44.00
42.00-45.00
41.50-42.00
40.00-41.50
40.00-41.50
40.00-41.50


58.50-40.50
38.00-59.50
56.00-57.00


WHOLESALE


969


43.50
41.75
40.50
38.50


#




970


BOSTON WOOL MARKET REVIEW


During this Thanksgiving week, trading
was moderately active on greasy domestic
worsted wools as approximately four cars
were moved. Demand continued good for med-
ium fleece wools and Territory half-blood
grades with the supply very light. Prices
held steady for all classes. Trading in
all the domestic primary markets was very
slow.
Cabled reports at mid-week from Aus-
tralia showed Russia, Japan and England the
major buyers and prices were firm. Sales
at the Cape markets were firm under general
competition. Prices at New Zealand markets
were higher with Russia dominating in fine
medium and coarse cross-bred wools with the
Continent and Bradford operating moderately.
The South American markets continued very
dull with the price situation in Buenos
Aires uncertain.
Fleece Wools Graded 50/54s staple
fleece wool sold-at $1.10 clean basis while
low quarter-blood staple grading 46/50s
brought $1.00 clean.
Territory Wools Graded 64s good
French combing and staple Territory wool
sold at $1.26 while average French combing
64s moved at $1.20 clean.
Texas Wools Sales of Texas wools
were limited.
Mohair Practically all fall mohair
has been sold in Texas.
Foreign Wools Cabled reports at
week's end showed prices at all Dominion
markets firm to slightly higher depending
on various types. Quotes follow with comb-
ing wools converted to clean U.S. oil-combed
yields, short wools to scouring yields, in
bond.


62B
63B
452


Australia
Oil-combed
- $1.1 554
- 1.12 454
- 1.11
New Zealand
Oil-combed
92 107


- $1.05
- 1.01


- 88


854 .91 114 87
100 .89 128 87
South Africa
Oil-combed Scoured yields
7 $1.15 22 $1.05
12 1.11 27 1.01
17 1.10 52 .98
Carpet Wools Trading of carpet wools
was very slow and demand was poor. Greasy
Buenos Aires November second clip carpet
wools were quoted at 80-82 and March wools


around 77 while 36/40s lambs wool was
priced around 75# clean fibers present
for shipment. Spot November wools were
quoted around 780. New Zealand carpet
fleeces were quoted around 85-84 and
type 702/5 crutchings around 76-770
clean fibers present for shipment.
Woolen Wools Scoured Montevideo
good 60/58s wool was offered for
shipment around $1.05 duty paid. Sales
of woolen wools follow:
Scoured Pulled Domestic
64s 1-2 It. stain- $1.26
60s ave. 1i" white lambs $1.10-1.11
56/58s 2-5" white 1.10
58s 2-21" white 1.13
Scoured Shorn Foreign
Aust. 64s fleeces white $1.29 D.P.
Aust. 60/64s locks white .95
Scoured Shorn Domestic
Terr. 64s ave. 2 gray "$1.10
60/62s 2-2 gray .97
58s lambs fair to good color 1.00
Noils
Aust. 64s nobles 950-1.00
Aust. 60s nobles .97
Cape 70s Schumbergers .83
Dom. combed Aust. 70s French .81
Dan. 64s French .71
Greasy Pulled Domestic
56/50s .-4" stained $1.05 cdean
Wool Tops Trade was slow during
the week with a demand for medium grades.


Prices were about
end compared to a
Warp Aust. D/C
70s $1.97
64s 1.91
62s 1.85
60s 1.80
58/60s 1.76


14 higher at week's
week ago. Quotes follow:
Warp Dom. D/C
70s $S1.94
64s 1.88
62s 1.80
60s 1.71
58/60s 1.65


Oil-Combed
58/60S $1.74
56s --
50/56s -
48/50s -
Territory Fleece
58/60s "81 --
56s 1.55 $1.50
50/56s 1.50 1.45
48/50s 1.35
CLOSING FUTURES QUOTATIONS-Nov.25,1959
(Furnished by the Wool Assoc.of the N.Y.
Cotton Exchange)
December wool tops $1.61
December wool 1,225
March wool tops 1.618
March wool 1.266







MEAT AND MEAT FOOD PRODUCTS INSPECTED WHEN OFFERED FOR
(USDA ARS Meat Inspection Division)
October 1959
---------- resE meats an id blebofal -
Country of origin teefa-d- T -amb and Pork "
Veal : tto Pork: -


IMPORTATION


Beef :
:


eatsork
Pork


Pounds
Argentina...........--
Australia............ 13,966,585
Brazil............... -
Canada............... 2,705,505

Germany.. .......... ..


Mexico.. ............ 3,434,118
New Zealand.......... 5,934,112
Paraguay...........-
Poland...............9 -
Uruguay.............. --
All others........... 2,756,796
Total Oct. 1959 30,085,180
Oct. 1958 24 711.146
Refused or condemned:""
Oct. 1959 8,845
Oct. 1958 1,132,764
---------------- -
Country of origin : Beef
a :
Pounds
Argentina............ 8,018,819
Australia............ --
Brazil............... 5,011,799
Canada............... 8,705
Denmark.............. 102,885
Germany.............. 1,159
Holland.............. 15,335
Ireland..............
Mexico............-..
New Zealand..........--
Paraguay............. 1,578,634
Poland............... --
Uruguay.............. 1,098,163
All others........... 1,665
Total Oct. 1959 15,6i7,164i
Oct. 1958 12,0435,295
Refused or condemned:
Oct. 1959 91,750
Oct. 1958 62,718


Pounds

657,974

502,748





1,057,392



1,240,976

3,239,090
- 2_105974

159,892
114,845


NAne meats
Pork S

Pounds
29,917
--


Pounds

61,684
-00
5,547,957




4,000
154,977



5,401

3,774,019
_- 511,614


5,578


Misc'l. s

Pounds
37,082
,.a,


551,504 67,582
2,492,417 197,698
87,768 5,015
3,039,986 70,788
-- a a
-- --
71,985 -
2,267,145 235,256
17,892 -
8,569 45,583
S,547,185 444,604
10,457,950 1,721,926


35,004
67,718


Sausage t
(Trichina:
treated):
Pounds
18,000


2,596
84,779
10,669
13,514


42,687
17233,845
155,845


805
55,164


Pounds Pounds
361,676 5,260

56,595 -
624 616,754
-- 4,205
-- 8,867
-- 12,901
-- 10,470

30,196 -
78,959 -

35,778 -
15,075 1,055

578,701 659,492
14,080,564 1,19,042


751
531,197


690
2


miscel- : Total
laneous :
Pounds Pound,
170,301 8,64
1,200 14,66
-- 5,06
200,657 7,98
180 2,88
-- 11
419 3,15
-- 1,350
-- 5,45
-- 7,17
-- 1,52
-- 2,29
1,15
5,619 4,11
376,5376 63,51
695,749 70,48


s
1,055
7,445
8,192
2,412
2,164
5,478
2,743
0,554
8,118
6,677
9,578
0,401
1,855
9,226
3,854
1,085


-- -- 277,737
-- 50,838 1,998,824


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


971


- - - -


- m m m w m e e n o -


mmm





972
AVERAGE PRICES RECEIVED BY FARMERS FOR LIVESTOCK, FEED AND WOOL I/
S_ mc. C : Tpt- I -. Average
Commodity and unit : 15 : 15 : 15 : 15 : Jan. 1947-
1959 .1959 1959 1958 Dec. 1949
Prices received by farmers -
Hogs per 100 lb. Dollars 12.20 12.60 15.40 17.90 21.90
Beef cattle I 20.00 21.50 22.50 22.50 20.20
Calves I" t 25.90 25.40 26.80 26.20 22.60
Sheep I" 5.51 5.54 5.55 7.08 9.15
Lambs 17.20 17.80 18.50 20.50 21.90
Wool per pound .409 .418 .454 .552 .460
Corn per bushel .982 .990 1.09 .942 1.64
Oats .669 .650 .620 .569 .852
Barley .879 .866 .846 .891 1.57
Hay, all baled, per ton" 21.00 20.50 19.90 18.20 22.40
Cottonseed 58.80 59.10 57.90 45.50 71.60
NOT. av.
Hog-corn price ratio 3/ 1948-57
United States Bushel 12.4 12.7 12.5 19.0 15.8
N. Central States 12.6 12.9 12.5 19.7 14.0
Iowa 15.5 13.0 15.0 20.2 -
Index numbers: (Av. Jan. 1910 Dec. 1914 = 100) 1947-49
All farm products 250 255 259 247 271
Feed grains and hay 150 149 156 145 250
Meat animals 275 291 307 529 554
Prices paid by farmers -
All commodities 275 275 274 274 240_
S/ Estimates of Crop Reporting Board. 27 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.
EFFECTIVE PARITY PRICES FOR LIVESTOCK, FEED AND WOOL AL
SAdjusted : Effective parity prices 5/
Commodity and unit : base based on data for
-Co-o--- nduit prices 2/- -r I9-9- -t -9 9- -v- 5-9i c -
Hogs per 100 lb. Dollars 7.27 21.60 21.50 22.50
Beef cattle 7.77 25.10 25.00 25.50
Calves 8.55 25.40 25.50 25.80
Lambs 8.65 25.60 25.50 26.50
Wool per pound 4/ .242 .719 .716 .715
Corn per bushel 5/ .642 6/1.71 6/1.70 6/1.76
Oats .281 ,855 .852 .895
Barley .450 1.28 1.27 1.57
Cottonseed _per ton 4_/ 22.50 66.80 6646Q __ _059__
-/ Parity prices are computed under the provisions of Title III, Subtitle A,Section
350 (a) of the Agricultural Adjustment Act of 1958 as amended by the Agricultural Acts
of 1948, 1949, 1954, and 1956. 2/ Adjusted base price 1910-14 derived from 120-month,
January 1949-December 1958 average (including an allowance where appropriate for un-
redeemed loans and other supplemental payments resulting from price support operations)
by dividing by 256 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 indicated. These parity prices are
the legally applicable parity prices for the following calendar month. 4/ Adjusted
base price 1910-14 derived from 10 season average prices 1949-58 (includIng an allow-
ance, where appropriate, for unredeemed loans and other supplemental payments result-
ing from price support operations). 5/ 60-month average August 1909-July 1914. 6/
Transitional parity, basic commodities 85 percent and nonbasic commodities 50 percent
(90 and 55 percent respectively during 1958) of parity price computed under formula
in use prior to January 1, 1950.





CLASSIFICATION OF LIVESTOCK SLAUGHTERED UNDER FEDERAL INSPECTION I/


975


Number (000 omitted) : Percent

Oct. Sept. Jan.-: Oct. Oct. Sept. Jan.- : Oct.
1959 1959 Oct. : 1958 : 1959 : 1959 Oct- 1958
1 :1959 : 9 1959

Cattle:
Steers ........... 850 865 8,092 878 52.5 56.2 56.0 55.5
Heifers.......... 582 551 5,041 287 24.1 22.8 21.1 17.4
Cows............. 555 300 35,106 456 22.4 19.5 21.5 27.7
Bulls and Stags.. 19 23 206 26 1.2 1.5 1.4 1.6
Total 2/......... 1,586 1,559 14,445 1,647 100.0 100.0 100.0 100.0
Canners & Cutters 3/ 198 149 1,446 227 12.5 9.7 10.0 13.8
Hogs:
Sows............. 552 502 5,311 426 8.0 8.7 9.6 7.2
Barrows and Gilts 6,088 5,243 49,856 5,468 91.6 90.9 90.0 92.5
Stags and Boars.. 27 25 235 18 .4 .4 .4 .5
Total 2/ ......... 6,647 5,768 55,402 5,912 100.0 100.0 100.0 100.0
Sheep and Lambs:
Lambs ^ Yearlings 1,151 1,120 10,658 1,057 94.2 95.1 95.0 91.7
Sheep ............ 70 58 556 94 5.8 4.9 5.0 8.5
Total 2/ ......... 1,201 1,178 11,214 1,151 100.0 100.0 100.0 100.0

Ij Based on reports from packers. 2/ Totals based on rounded numbers.
3/ Included in cattle classification.


PERCENTAGE DISTRIBUTION, BY CLASSES, OF CATTLE SLAUGHTERED
UNDER FEDERAL INSPECTION

: : : : Bulls and :Canners &
: Steers : Heifers : Cows : Stags : Cutters,
Region : : : : :all classes
Oct. : Oct. : Oct. : Oct. : Oct.
:1959 :1958 :1959 11958 :1959 :1958 :1959 : 1958 :1959 :1958
Pet. Pct. Pet. Pct. Pet. Pct. Pet. Pet. Pct. Pct.
N. Atlantic States... 71.1 56.2 1.5 1.8 26.7 40.5 0.9 1.5 10.0 26.0
S. Atlantic States... 47.6 54.5 5.7 2.0 44.9 60.0 1.8 3.5 26.7 58.2
N.C. States-Eastern.. 47.2 57.0 17.5 7.6 55.4 55.6 2.1 1.8 20.0 16.0
N.C. States-N.Western 50.7 54.6 28.5 22.2 19.7 22.0 1.1 1.2 9.0 8.0
N.C. States-S.Western 59.0 59.6 21.1 18.6 19.4 21.1 0.5 0.7 9.0 9.4
S. Central States.... 36.5 55.6 17.6 4.8 45.8 57.8 2.3 5.8 31.0 31.0
Mountain States...... 537.9 35.3 52.5 48.6 8.9 15.0 0.7 1.1 3.3 4.8
Pacific States....... 70.9 67.8 15.0 12.7 12.4 17.6 1.7 1.9 4.5 3.6




974


UNITED STATES FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION


------------------------------ -- ------ -ere -
October January October : ter1
S: -:-- October 1959 ef
1959 1958 : 1959 : 1958 : Oct. 5yr.
: : : : : 1958 sOct. av.
-------- ------ -----------------------------
Number slaughtered under Federal inspection: (thousands of head)
Cattle.......... 1,586 1,647 14,445 14,903 96 91
Calves.......... 471 541 3,981 4,757 87 65


Hogs............. 6,646
Sheep & lambs... 1,200
Average live weight: (pounds)
Cattle.......... 1,052.8 1
Calves.......... 205.9
Hogs............ 235.5
Sheep & lambs... 96.7
Average cost to packers: (dollars
Cattle.......... 22.57
Calves.......... 22.47
Hogs............ 12.87
Sheep & lambs... 18.05
Dressings yields: (per 100 pound
Cattle.......... 57.3
Calves............ 57.3
Hogs 1/......... 76.2
Sheep-& lambs... 48.4
Lard per 100#... 15.4
Lard per animal. 31.6
Average dressed weight: (pounds)
Cattle.......... 591.8
Steers 2/....... 655.5
Heifers"2/...... 560. 5
Cows 2/......... 495.1
Calve5s.......... 118.0
Hogs............ 179.3
Sheep & lambs... 46.8
Condemnations: 3/(number of head)
Cattle.......7.. 4,463
Calves.......... 1,428
Hogs............ 8,275
Sheep & lambs... 5,985
Total dressed weight Excluding
Beef............ 936,033 9
Veal............ 55,439
Pork(carcass wt.)1,190,210 1,0
Lamb & mutton... 55,886
Total 4/........ 2,237,568 2,1
Pork, ixcl.lard 902,803 7


Lard production 5/
Rendered pork fat


210,051
7,857


1


5,911 55,402 48,389 112 112
1,131 11,214 10,452 106 95


,025.8 1,044.1
207.3 209.8
232.8 239.2
95.7 98.9
per 100 pounds)
22.91 24.42


24.04
18.81
20.27
live
56.8
56.4
76.7
48.2
15.9
32.3

582.7


116.9
178.6
46.1


26.71
14.84
19.09
weight)
57.6
57.1
76.7
48.6
14.1
33.7

601.5


119.8
183.5
48.1


5,589 45,628
2,096 16,752
7,181 86,046
7,241 51,261
condemned: (thousands
56,256 8,662,595
62,975 475,083
54,408 10,148,026
51,785 556,468
25,424 19,822,172 1
93,024 7,600,956
90,814 1,862,050
8,302 76,787


1,011.1
212.8
257.0
98.4

25.02
25.92
20.48
21.14


101
99
101
101

99
93
68
89


105
92
105
105

125
155
76
98


56.4
56.1
76.6
48.7
14.0
53.2

570.4


I-
119.5
181.6
47.9

50,5388
21,404
87,082
52,009
of pounds)
8,471,606
565,004
8,775,954
498,007
8,308.571
6,580,031
1,603,257
75,688


98
88
113
108
105
114
110
95


100
62
115
99
106
116
112
88


-/ Subtract 7.0 to obtain reported packer style average.
cattle. 3/ Partly estimated. 4/ Totals based on unrounded
rendered pork fat.


2/FAlso included with
numbers. 5/ Includes


I


s


--





975


COMMERCIAL LIVESTOCK SLAUGHTER, UNITED STATES, OCTOBER 1959 1/
-- --------------- -------------------------


Month


Cattle


ad : Federally : dEher : -
period : : co- : c
inspected .
: -mercial:
Thousand head
Oct. 1959 1,586.1 502.5
Sept.1959 1,559.2 525.0
Jan.-Oct.1959 14,444.5 4,605.0 1
Jan.-Oct.1958 14,905.0 5,056.1 1
Hogs


SCualves
- -- -. --- -~ W5t e?:~ ~
Av- :Federally:Tder:
rotal : live : eal corn- : Total
inspected*cm:Toa
weight: :mercial:
Pounds Thousand head
2,088.6 1,002 471.2 275.2 746.4
2,064.2 997 415.0 275.9 690.9
9,047.5 1,014 3,981.0 2,413.6 6,394.6
9,959.1 980 4,757.2 5,105.7 7,862.9
: Sheep and Lambs


Oct. 1959 6,646.4 1,199.5 7,845.9 255 1,200.1 175.7 1,575.8 97
Sept.1959 5,767.4 1,159.4 6,926.8 250 1,177.4 178.8 1,556.2 95
Jan.-Oct.1959 55,402.2 10,459.6 65,841.8 256 11,214.1 1,661.2 12,875.3 99
Jan.-Oct.1958 48,589.5 9,408.9 57,798.2 254 10,451.8 1,473.5 11,925.1 98
1-FExclees farm slaughter.
COMMERCIAL MEAT AND LARD PRODUCTION, UNITED STATES, OCTOBER 1959 /


- Monthaind
period

Oct. 1959
Sept.1959
Jan.-Oct.1959
Jan.-Oct.1958
/ Excludes
5/ Includes


- -" -s --- -- ~ LamB : "
Beef Veal :Park 2/ *and Mutton:
1 -e -:-J .i^ -tan Mutfton:-
Million Pounds
1,187 92 1,060 64
1,177 87 925 62
11,001 785 8,977 611
10,914 959 7,811 567
farm slaughter. 2/ Excludes lard and rendered
rendered pork fat. Agricultural Estimates


T1ti1 1 :
meat 2/ : Lard 3/


2,403
2,251
21,372
20,251
pork fat.
Division.


239
208
2,107
1,824


TOTAL MEATS, MEAT PRODUCTS, AND BYPRODUCTS GRADED, OR CERTIFIED AS
COMPLYING WITH SPECIFICATIONS BY THE U. S. DEPARTMENT OF AGRICULTURE
- _--: -aI_ -:-- -Lam Al ---- -- -----dTATfo-hEr1 :
Month : Beef : and : yearling, : Total : meats : total


October
September
October


S can
1, 000#
18,851
16,9853
18,577


a and mutton:
1,000#
22,045
21,1553
21,684


i,00oo#
663,578
652,870
653,866


:and lard :
1,o 000#
15,397
12,565
15,671


1,000#
676,775
665,455
667,557


NUMBER OF CATTLE AND CALVES FROM CANADA AND MEXICO PASSED FOR
ENTRY INTO THE UNITED STATES OCTOBER 1959 WITH COMPARISONS
(USDA ARS Animal Inspection and Quarantine Div.)


Month and
period

October *
Jan.-Oct. *


:" Canada s
S 1959 : 1958 :
Head HBad
39,509 133,475


. .


280,951


Note: During Jan.-Oct. this year
also passed for entry from Canada
hogs in the same period of 1958.


Mexi<
1959 :
Head
7,723


536,533 291,936


co
1958
Head
26,754
350,099


1-------------435--
11,380 sheep and 4.352 hogs were
compared with 38,503sheep and 6,357


: Av.
:live
weight
Pounds
216
221
216
214


1959
1959
1958


1o000
622,482
614,754
615,605





976


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


UNIVERSITY OF FLORIDA


3 1262 08735 7082
Postage and fees paid
U. S. Department of Agriculture


OFFICIAL BUSINESS

Form AMS-12/1/59
Permit 1001



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


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

TERMS USED IN LIVESTOCK MARKET NEWS REPORTS -
AND THEIR MEANING


SUPPLY refers to quantity available for the cur-
rent day's market, and includes the day's re-
ceipts plus any carry-over from previous days.
The terms largeror smaller are used to describe
the supply if figures are not available. The
consist of the supply is described when signifi-
cant, giving information as to the class, grade,
or weight selections which predominate or are
unusually scarce.


DEMAND is the desire to possess a commodity,
coupled with the willingness and ability to buy.
Demand is referred to as good when buyers are
seeking supplies more urgently than normal for
the particular market concerned, and when an
opposite situation prevails, demand is referred
to as poor.


Good demand is generally present when:
(1) larger supplies are bringing unchanged
to higher prices;
(2) large increases in supplies are selling
at unchanged prices.
Poor demand is usually present when:
(1) smaller supplies are selling at unchanged
or lower prices;
(2) large decreases in supplies are selling
at unchanged to slightly higher prices.



TRADING ACTIVITY is the relative pace at
which sales are being made.
Trading active means that sales are being
made at a more rapid pace than normal for
the particular market concerned.


Trading moderately active means that sales
are being made at a normal pace for the par-
ticular market.
Trading slow means that sales are being made
at a slower pace than normal for the particular
market.

PRICES used in reports are specific dollars and
cents per hundredweight paid for a given grade
and weight selection.


PRICE TREND refers to the direction prices are
moving in relation to prices paid in the pre-
vious trading session. Trend is described as:


Higher when prices for bulk of sales are
measurably higher than in previous period
reported on.
Strong when there is a definite but not
measurable leaning toward an upward price
change.
Steady when prices have not changed from
previous period.
Weak when there is a definite but not mea-
surable leaning toward lower change.
Lower when prices for bulk of sales are
measurably lower than in the previous trad-
ing period.

CLEARANCE indicates how well supplies are
taken. Complete clearance means that all of-
ferings have been sold. Incomplete clearance
may be measured numerically in number of
head, or in the proportion of the supply un-
sold at the close of trading.




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