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).

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University of Florida
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Resource Identifier:
aleph - 004691915
oclc - 04512121
lccn - sn 87043107
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lcc - NOT IN LC
ddc - 338.105
System ID:
AA00008493:00121

Related Items

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


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Full Text
* t-


MEAT



WOOL


SNYeas

WEEKLY SUMMARY

AND STATISTICS


LIVESTOCK DIVISION AGRICULTURAL MARKETING SERVICE
U.S. DEPARTMENT OF AGRICULTURE
WASHINGTON 25, D.0.


Vol. 28, No. 18


May 5, 1960


Week ended April 30


Livestock Market Reviews . .
Livestock Market Receipts . .
Stocker and Feeder Statistics .
Estimated Percentage of Stocker and Feeder Cat
Slaughter Cows in Salable Receipts .
Steer Sale Statistics *. o
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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Special to this issue
Farm Production, Disposition and Income from Meat Animals,
Federally Inspected Slaughter and Revised Estimates of Mea f
Production, by weeks, March 1960 . .
Classification of Livestock Slaughtered in the United Stat
March 1960 . . .
Percentage Distribution by Classes of Cattle Slaughtered
under Federal Inspection, March 1960 . .
United States Federally Inspected Slaughter and Meat
Production, March 1960 . . .
Commercial Livestock Slaughter and Meat Production, March 1960
Meats Graded or Accepted, by Grades, March 1960 .
Meat and Meat Food Products Inspected when Offered for
Importation, March 1960 . . .
Effective Parity Prices, Apr. 15, 1960 . .
Prices Received by Farmers, Apr. 15, 1960 .


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MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


The last week of April started with cat-
tle receipts on Monday the largest for any day
in three months, but marketing were subsequent-
ly curtailed and the week' s supply was slightly
smaller than the fairly liberal volume of the
previous week. Prices on fed steers and heif-
ers were uneven over the area. High-Good to
Prime steers at Chicago sold 500-$1.00 higher
for the week while Standard to average-Good
steers were steady to $1.00 lower. High-Good
to Prime steers were steady to 500 higher at
Omaha and So. St. Paul and all grades were 500
up at Sioux City. Otherwise steers sold steady
to 50# lower. Trends on fed heifers were strong
to 500 higher at Omaha and Chicago but steady
to 500 lower elsewhere. Barrows and gilts
sold 25-750 lower for the week. Prices on old
crop slaughter lambs averaged about steady ex-
cept $1.00-1.50 lower at Fort Worth and $1.00
off at Chicago; spring slaughter lambs steady
to 500 higher.

SLAUGHTER CATTLE AND CALVES Receipts
at the 12 markets were slightly less than in
the previous week and were 5 percent below a
year ago. Distribution was uneven with sup-
plies liberal Monday but moderate the remainder
of the week. Good and Choice slnu-hter steers
and heifers predominated at most markets.
Prices on slaughter steers and heifers de-
clined Monday at most points when receipts were
liberal but upturns were recorded on moderate
supplies at several points later in the week,
particularly on Choice and Prime steers. The
late advances were also influenced by higher
carlot dressed beef prices. The week's trends
showed considerable variations over the midwest
area. At Chicago where prices declined sharply
in the previous week, high-Good to Prime steers
sold 500-$1.00 higher for the week in review,
instances $1.50 up. However, Standard to
average-Good offerings closed steady to $1.00
lower as the price spread between grades became
the widest in over a year. High-Good and Choice
steers sold steady to 500 higher at Omaha; Choice
and Prime fully steady, instances 500 up at
So. St. Paul and all grades advanced 500 at
Sioux City. Otherwise, steer prices were steady
to 500 lower. Fed heifers sold steady to 500
lower aside from the strong to 500 higher
trends at Chicago and Omaha. Cow prices were
steady at several points but varied both 500
lower and 500 higher. Bulls closed steady to
$1.00 lower; dealers advanced $1.00-2.00 at
St. Louis National Stock Yards but were steady
at So. St. Paul.
Load Prime IF'.0O slaughter steers cashed
at $33.50 Wednesday at Chicago when bulk high-
Choice and Prime brought $29.00-32.00; bulk
Choice for the week $26.50-28.75. Elsewhere


most Choice steers realized $26.50-28.00,
some high-Choice $28.00-28.75, small volume
high-Choice and Prime to $29.00 and 2 loads
Prime 1211# $31.50 at Sioux City. Mixed high-
Good and low-Choice steers numerous over the
entire area at $25.50-26.50; most Good $23.00-
25.50; Standard and low-Good $20.00-23.50.
Few Prime heifers brought $28.50-28.75 at
Chicago with most Choice over the area at
$26.00-28.00; Good and low-Choice $22.50-26.00.
Utility and Commercial cows bulked $16.00-18.00,
Canners and Cutters $13.50-16.50.

STOCKER AND FEEDER CATTLE AND CALVES -
Seasonally moderate receipts of stocker and
feeder cattle at terminal markets were somewhat
smaller than the previous week when supplies
were larger than usual for an April week. How-
ever, supplies of stock calves increased. High-
Medium to average-Choice 550-750# yearling
steers continued to predominate while Good and
Choice under 450# calves, particularly in load-
lots, were relatively scarce. Moderate numbers
of 800-1050# feeder steers were offered,
majority of which showed evidence of at least
a limited turn on grain feeds. Trading gener-
ally was rather slow with prices unevenly
steady to 50 lower. Choice 500-600# year-
ling stockers along with Good and Choice calves
showed least weakness. The market at Sioux
Falls proved an exception to the general trend,
prices there being as much as $1.00 higher,
reflecting a good local demand for relatively
small numbers. In contrast, at some south-
western markets prices were as much as $1.00
lower. The unevenness of the market for slaugh-
ter cattle the past several weeks together with
an estimate of above normal spring numbers of
cattle on feed are among factors influencing
growers and feeders to proceed rather cautiously
in making purchases of stockers and feeders.
At the same time, even though there is still
a fairly widespread demand for cattle to put
on grass, a good many graziers apparently have
already secured at least a large part of their
required numbers and there is noticeably less
urgency in demand for stockers than was noted
earlier this month and during the latter part of
March.
Few loads Choice 525-600# stock steers
continued to sell in a $30.00-31.00 price range.
Scattered shipments Choice yearling stockers
brought $29.00-29.75, including several loads
670-681# at $29.00. Other Good and Choice
yearling stockers cashed from $24.50-28.50;
Medium and low-Good $21.00-26.00. Good and
Choice 800-1050# feeder steers sold from $23.00-
26.00, few $26.50-27.00. Good and Choice year-
ling heifers ranged $22.00-27.50 with heifers
under 625# selling above the same grades







weighing 650# or heavier. However, Choice
620# heifers were included at $27.50. Good and
Choice 350-500# stock steer calves ranged
$26.00-33.50, majority $28.00-32.00. Same
grades heifer calves brought $23.00-29.25.

HOGS Terminal Markets Marketings at
the 12 terminals were slightly larger than both
a week ago and the corresponding week a year
earlier. Bulk of the receipts throughout the
area were mixed U. S. No. 1-3 lots of 190-260#
barrows and gilts. Sows made up between 7-11
percent of the supply. Liberal receipts at
the start of the week were a major price depres-
sing factor and rather substantial price de-
clines were recorded on Monday. Trends were
uneven later in the week and closing sales on
barrows and gilts were 25-750 below the previ-
ous Friday. Buyers became considerably more
weight conscious than recently and as a result
most decline was recorded on weights over 230#.
Sows sold 254-$1.00 lower over most of the
area.
On Friday, U. S. No. 1, and No. 1-2, 190-
230# barrows and gilts sold at $16.00-16.75;
U. S. 1-3, 180-240# barrows and gilts bulked
at $15.50-16.25; and mixed U. S. 1-3, 300-600#
sows bulked at $12.50-14.50.
Average cut-out value advantage of U. S.
No. 1 over No. 3, live basis 200-220# barrows
and gilts was 900 per cwt. based on wholesale
carlot prices of fresh pork cuts at Chicago
April 21 to April 27, 1960 inclusive.
HOGS Interior Iowa-Southern Minnesota
Area Pressing field work in the Interior area
and a lagging demand from most buying interests
were major factors contributing to an 8 percent
reduction in receipts compared with the previ-
ous week. However, the week's volume was 11
percent more than the corresponding week last
year. Around 50 percent of the butcher supply
was mixed No. 1-3 180-220# weights with
around 20 percent 220-240# and 25 percent No. 2-
3, 240-300#. Sows comprised almost 7 percent
of supplies.
Selling on most days reflected weakness
from the previous day and closing prices for the
week were 35-500 lower on butchers, with sows
500 to mostly 750 lower. At the close, most
mixed No. 1-3 190-240# butchers sold at $15.00-
15.75 and a moderate supply No. 1-2, 190-230#
selected lots $15.75-16.25; mixed No. 1-3,
270-400# sows $13.50-14.75; 400-550# $12.10-
14.15.

SHEEP AND LAMBS The 12 market receipts
were 10 percent over the previous week and
slightly over a year ago, with bulk of the in-
crease received at Fort Worth. Price trends for
old crop slaughter lambs were uneven but av-
eraped about steady except $1.00-1.50 lower at
Fort Worth and $1.00 lower at Chicago where
receipts were sharply increased. Spring slaugh-
ter lambs were steady to 500 higher, instances
750 up; slaughter ewes weak to $1.00 lower;


feeder lambs 50#-$1.00 lower at Fort Worth
and Denver, steady at So. St. Paul but scarce
elsewhere.
Late in the week, Choice and Prime 90-
115# wooled slaughter lambs bulked from $21.00-
22.50, few $22.75-23.00; Choice 90-116#
$20.50-21.50; Good and Choice $19.00-21.00.
Choice and mixed Choice and Prime 85-113#
shorn No. 2 to fall shorn pelt slaughter lambs
$20.00-21.25; Prime 96# fall shorn pelt lambs
$21.75 and Prime 120# No. 2 pelt lambs $19.50
at Omaha; Choice 110-122# shorn No. 1-3 pelt
lambs and mixed Good and Choice 85-111# shorn
lambs $18.75-20-50. Choice and Prime 75-110#
spring slaughter lambs $23.00-24.50; Utility
and Good at Fort Worth $21.00-22.50. Cull to
Choice shorn slaughter ewes brought $2.50-
6.50, few wooled ewes to $7.00.
Good and Choice 75-89# wooled feeders
at Denver brought $19.50-20.00; same grades
at So. St. Paul $18.00-19.00 with Choice 835#
Dakota feeders $20.00. Good and Choice spring
feeders $18.00-18.50 at Fort Worth; Choice
57# spring feeders $21.00 at Sioux City.
In the Interior Iowa-Southern Minnesota
area, slaughter lambs sold steady to weak, in-
stances 500 lower; slaughter ewes steady to
weak. Demand was only fair on most sessions.
Shorn lambs made up around 60 percent of the
lamb supply. Around 40 percent of week's run
was received from outside the area.
On Friday, Choice and mixed Choice and
Prime 90-105# wooled slaughter lambs sold from
$21.00-21.50 with high-yielding lambs $21.75-
22.00; Choice 105-120# $19.50-21.00; mixed
Good and Choice 90-110# $19.00-20.50. Choice
and mixed Choice and Prime 90-100# shorn No. 2
to fall shorn pelt lambs brought $20.00-21.00;
Good and Choice 90-105# $18.50-20.00. Cull
to Choice shorn slaughter ewes ranged from
$2.00-5.00, few wooled ewes to $6.00.

RANGE AND FEEDLOT SALES

Note: Shrink on most range and feed-
lot saTle 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 California and Arizona feedlots rather
slow, but prices mostly steady; stocker and
feeder cattle and calves steady to $1.00 lower,
most decline in Arizona; spring lambs firm.
Slaughter steers: In California and
Arizona, 123 loads high-Good to mostly Choice
835-1150# $27.00-28.00, 7 loads at $27.75-
28.00 on delivered basis and 6 loads at
$27.50 for June thru August delivery; 72
loads Good and Choice 800-1200# $25.75-26.50;
13 loads high-Standard to average-Good 900-
1050# $24.50-25.50. Slaughter heifers: 57
loads high-Good and Choice 725-1000# $26.00-








27.00, including 4 loads at $26.00 expected
mostly Choice 900-950# at June thru August de-
livery.
Stockers and feeders: For delivery vary-
ing from immediate to June 15, Good and Choice
600-900# steers $25.00-27.00 in California, some
900-950# $23.50-24.00; Good and Choice 540-800#
heifers $23.50-25.00. In Arizona, mostly Choice.
400# stock steers $28.00, heifers $26.00, other
Good and Choice 450-80Q0# steers $24.00-26.00,
and 450-650# heifers $23.00-24.00. For Sep-
tember delivery, 1,650 Good and Choice expected
650# steers $25.00, few small lots $24.25-24.50
on steers; same grades 600-625# heifers $22.50-
23.00.
Lambs: Over 7,000 Choice and Prime 98-
105# wooled spring slaughter lambs $22.00;
13,000 predominantly Good and Choice spring
feeders $21.10-21.63; 1,800 Good and Choice
spring feeders $20.00 to mostly $20.50.

COLORADO, SOUTHERN WYOMING, WESTERN
NEBRASKA, AND WESTERN KANSAS Trading on fed
cattle direct at feedlots in Colorado very
active. Fed steers sold fully steady to strong;
heifers strong to 500 higher, late sales main-
ly 25-500 higher. In Colorado 138 loads av-
erage-Choice 1100-1325# fed steers $27.00-
27.50, with numerous sales $27.25-27.50; 56
loads mostly Choice 1075-1185# $26.25-26.75; 12
loads high-Good and Choice 1100-1240# $25.00-
26.00, mostly $25.75-26.00. Nineteen loads
Commercial to Good 954-1027# fed steers of Mex-
ican origin sold to California packers at $22.00-
22.50. Sixty-five loads mostly average-Choice
775-1000# fed heifers $26.25-26.65, load 807#1
$27.00; 86 loads mostly Choice 900-10251 $25.75-
26.25; 12 loads mostly Good 825-985# $25.00-
25.65.
Trading on stocker and feeder cattle and
calves slow with demand rather poor. Confirmed
sales and contracts steady. Western Kansas:
13 loads Good and Choice 548-768# feeder steers
$25.15-27.65; 3 loads mostly Choice short year-
ling steers 548-568# $28.80-29.50. Nineteen
loads Good and Choice 529-718# feeder heifers
$23.50-26.25, mostly $24.00-25.50. Wyoming:
350 mostly Choice feeder heifers to weigh 600#
in October $22.00. Colorado: 6 loads Good and
Choice 568-615# feeder heifers $24.65-25.25;
300 Choice short yearling steers 545# $157.00
per head, two loads Choice 493# $31.75; 3 loads
Good and Choice 440# steer calves $30.00; load
same grades 450# heifer calves $27.00.
Slaughter lambs sold weak to 500 lower.
In Colorado 12 loads Choice and mixed Choice and
Prime 103-117# shorn lambs with No. 1 and 2 pelts
$19.50-20.25; few mostly Choice 120-1281 late
in the week $18.75.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWFSTERN KANSAS Clovis Area Slow with
prices about steady. Confirmed sales just 21
loads slaughter steers and heifers and about
2,700 stockers and feeders. Load low to average-
Choice llf0Vr fed steers $26.25; 12 loads Good


and low-Choice 700-950# $25.00-25.50; 5 loads
Standard and low-Good 650-662# $24.00; load
high-Good and low-Choice 900# fed heifers
$25.00. About 2,000 Good and Choice 600-775#
stocker and feeder steers $25.00-26.75; 700
Good and Choice 550-625# heifers $22.50-25.00.
Amarillo Area Slaughter steers and
heifers as well as stockers and feeders fair-
ly active, steady. Six loads high-Choice and
Prime 1411# fed steers $27.50; 17 loads high-
Choice 1200# $27.00; few Standard and Good
1050-1150# $23.00-25.85; 21 loads high-Good
and Choice 800-1050# fed heifers $25.00-26.00.
Good and Choice 500-750# stocker and feeder
steers brought $23.00-26.50, 170 Choice 500-
540# $28.00; Good and Choice 550-650# heifers
$23.50-24.75, 160 Choice and Fancy 525# for
replacements $29.00; 1,800 Good and Choice 500-
385# stock steer calves $27.00-32.00. Over
1,500 Choice 700-750# steers for fall delivery
$24.50-25.00 and 300 Choice 650# heifers $25.00;
400 Choice stock calves $28.00-50.00 on steers,
$26.00-28.00 for heifers.

IDAHO, OREGON AND WASHINGTON Slaugh-
ter steers fully steady to strong, instances
500 higher; limited sales fed heifers fully
steady; stocker and feeder cattle and calves
fully steady to strong; limited sales slaughter
lambs steady. Choice 1000-1550# slaughter
steers over the area $26.00-27.75, including
several loads for June-July delivery. Good
and Choice 830-850# fed heifers in Washington
and Idaho $25.00-25.50, 2 loads in Washington
$26.00.
Washington Mostly Choice 700-840#
stocker and feeder steers $26.50-27.00 with
Good and Choice 1075# feeders $25.50, weighed
off truck. Couple strings Choice and mixed
Good and Choice 600# stocker and feeder heif-
ers $24.00-24.50; Good and Choice 385# mixed
steer and heifer stock calves $28.00. -.Idaho -
Good and Choice 650# yearling steers $26.50
with 625# heifers $25.00. Oregon Good and
Choice 1000# feeder steers $25.25-25.50, lat-
ter price delivered basis; Good and Choice
440# stock calves $25.50 on heifers, $28.50
on steers. Choice shorn slaughter lambs over
the area $18.00-19.00.

MONTANA, NORTHERN WYOMING AND WESTERN
DAKOTAS A few contracts were confirmed in
Montana on yearling stockers for September-
October delivery as follows: String 225 Good
and Choice yearlings $23.50 on steers and
$21.00 for heifers; 2 strings same grades
totaling 425 steers $25.00-23.50; 225 Choice
reputation steers $25,.00. Steers in above
sales expected to weigh 700-750# at delivery.
Wool Salmon, Idaho pool, 13,000 fleece
ewes wool contracted 51.380 per grease pound.
Montana, Beaverhead pool, 15,000 fleece
50.050 and Madison pool, 15,500 fleece also
50.050. Chinook pool, 16,000 fleece medium
to fine 48.520 and Wibaux pool, 8,000 fleece
mixed grade heavier shrinking 42.30#.






WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
"Cttle ~ ~es Hogs T SheeR and lamEbs -
Market : Apr.50 : May 2 : Apr.30 7 May 2 :-Apr.375 :-My 7 :-Apr.30 -:-My -
: 1960 : 1959 : 1960 : 1959 : 1960 : 1959 : 1960 : 1959
Chicago ................ 56,678 41,414 276 352 38,907 49,792 5,163 6,082
Cincinnati ............. 5,710 3,116 788 692 12,840 10,710 373 565
Denver ................. 11,471 12,210 336 645 6,424 3,325 19,140 22,711
Fort Worth ............. 8,598 6,359 1,225 1,197 3,762 3,442 29,400 23,413
Indianapolis ........... 7,049 6,020 562 602 58,810 37,236 643 819
Kansas City ............ 20,717 20,420 1,039 1,149 19,202 15,094 6,973 7,112
Oklahoma City .......... 7,081 8,165 823 480 4,475 3,859 3,632 3,472
Omaha .................. 35,231 39,021 675 867 45,183 46,439 11,938 13,071
St. Joseph ............. 16,083 16,625 843 335 29,061 27,475 5,937 6,796
St. Louis NSY .......... 14,872 13,167 1,673 2,041 69,861 59,632 2,060 2,424
Sioux City ............. 27,054 32,272 293 242 45,106 41,224 6,002 7,661
S. St. Paul ............ 21,593 23,336 6,141 6,174 45,223 53,158 6,490 3,432
Total .................. 210,157 222,105 14,674 14,776 358,854 351,386 97,751 97,558
n April 23, 1960 ... 217,006 15,666 350,851 88.507
INTERIOR IOWA AND SOUTHERN MINNESOTA
Apr. 30, 1960 Apr. 23, 1960 May 2, 1959
Hogs ..... 326,d 53,000 294,000
Sheep .... 27,400 24,900 21,600

STOCKER AND FEEDER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
SW- -eek ended Month Three months
: Apr.28 : Apr.21 tApr.50 : Mar. Mar. Jan...Mar.
--------------. . 16 1 26 1 1252 190 _- 1 1959 1 1 1959 _
Steers 1001# up ............ 956 544 1,019 5,135 5,615 8,464 16,183
901-1000 ............ 2,543 1,900 2,861 10,979 10,498 27,320 30,441
801-900 ............. 2,785 2,772 3,751 14,886 15,457 42,249 42,906
701-800 ............. 5,054 4,796 4,855 15,160 19,712 49,907 50,050
501-700 ............. 12,555 14,454 12,286 40,885 53,726 109,582 119,989


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

n a n


n n n
n M it
H n H


Total calves


" heifers "
n cows n


10 market
M M
n n
Chicago
Kansas C
Omaha.
S. St. I
Sioux CJ
Denver .
Ft. Wort
Oklahoma
S. St. J
St. Loui
- 10 mna


its ...... 25,875
...... 717#
...... $25.02
......... 25.12
ity ..... 25.16
......... 25.40
Paul ..... 25.74
Lty ...... 26.56
.......... 24.54
h ....... 235.46
L City ... 25.77
roseph ... 24.80
Ls NSY ... 24.55
'kets .... 11,274
" .... 4,727
U .... 511


* 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

Kansas ~ Sioux S. St.Indian- Ft. Okla. San
Week ended :Chicago C Omaha: :Louis: : :Denver: : :Wichita:toi
c: ity Jo seph: NSY City Paul :apolis Worth City Antonio
Stockers and feeders


Apr.29,1960
Apr.22,1960
May 1,1959


2
2
5


49
49
48


21 17 6 28 5 8 12 70 70 55 45
17 16 7 29 5 10 10 70 75' 60 45
18 19 8 25 10 4 13 60 60 55 55

Slaughter cows


Apr.29,1960 6 8 10 6 10 6 25 10 15 15 9 19 20
Apr.22,1960 6 7 12 8 10 6 25 12 15 15 8 17 20
May 1,1959 6 7 8 4 9 5 20 8 10 20 6 18 15
- - - - - --i ... .. ...


24,466
692#
$25.59
25.30
25.95
25.68
22.89
26.71
25.65
24.18
24.19
25.56
24.64
7,061
4,027
383


24,772
728#
$28.69
28.55
29.25
29.68
26.62
29.32
27.69
28.23
27.72
27.48
28.11
7,069
4,769
617


85,045
730#
$24.90
25.01
25.14
24.27
24.63
25.99
25.14
24.44
23.91
24.51
24.51
28,342
13,078
35,517


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
30,371
18,700
3,069


257,522
7350
$24.20
24.05
24.09
23.98
23.02
25.51
24.81
23.69
23.25
25.83
23.42
114,314
34,597
9,052


259,569
735#
$27.26
26.15
26.70
27.67
24.80
29.25
28.29
27.40
26.45
26.73
25.66
115,703
46,245
10,353









STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER l/

Number of head Percent of total Average weight
S by grades (pounds)
Grade ---------- -------- -- -
Grad Week ended
:Apr. 28 : Apr. 30 : Apr. 28 :Apr. 30 :Apr. 28 :Apr. 50
--------: 1960 : 1959 : 1960 : 1959 : 1960 : 1959 -
CHICAGO


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

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

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

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


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


Prime........ ..
Choice.........
Good...........
Standard.......
Utility........0
All grades.....


Prime... ..... .
Choice........
Good...........
Standard........
Utility........


979
13,811
11,480
1,192

184
27,646


5,606
9,716
1,327
204
16,853


6.7
54.4
51.9
5.4
.1
1.5


.4
36.9
55.2
6.0
3.5


5.5
50.0
41.5
4.53

.7

OMAHA

33.53
57.7
7.8
1.Z


1,771
14,487
8,481
1,450
18
406
26,6153

59
5,738
8,287
929
547
15,560

107
4,081
5,903
646
75
10,812


2,209
2,576
828

67
5,680


751
2,670
973

209
4,603


2.2
65.9
23.4

8.5


16.5
58.0
21.2

4.5


1,130
1,036
969

924
1,013


--------------. -ST. JOEP -
m a m m e m e m m msjsm mJ e msmpmT


15
2,855
4,485
689
69
8,113


.2 --
45.8 35.2 1,151
47.6 55.3 1,068
7.7 8.5 1,057
.9 .8 1,013
1,1053
DE --NVER ^^


2,887 66.8
1,517 27.8
77 4.6
-- .8


67.4
30.8
1.8


1,177
1,081
971
950


1,249
1,180
1,068
999
1,493
1,047
1,137

1,224
1,1735
1,079
1,083
1,025
1,112

1,316
1,173
1,087
1,068
977
- 1120


1,127
1,064
1,025

980
1,082


1,138
1,037
1,008

961
1,044


1,112
1,147
1,090
1,084
923
1,108


1,169
1,109
1,100


SAverage price in
!dollars per 100 lb.

:Apr. 28 iApr. 30
:.296Q0 :_j959

51.05 33.75
27.55 50.09
25.40 28.29
22.10 25.80
21.43 -W
19.46 24.00
26.78 29.52

28.33 --
26.84 28.72
24.87 27.20
21.21 24.46
19.65 22.77
25.27 27.48

30.352 351.82
26.95 28.55
25.25 27.55
20.75 24.58
18.64 23.45
25.67 27.75

---- ---
27.02 29.15
25.79 27.53
21.92 24.94

18.48 22.71
25.68 27.84


27.53
25.49
22.47

19.97
24.453



26.78
24.87
21.12
18.64
25.41


26.53
25.01
20.59
18.153


All grades..... 3,911 4,281 1,159 1,149 25.83
---------------------------------------/ Data collected by Agricultural Estimates, and Livestock Divisions, A.M.S.
-/ /Data collected by Agricultural Estimates, and Livestock Divisions,, A.M.S.


29.36
27.79
25.97

25.71
27.53


36.60
28.71
26.95
24.27
22.59
27.55


28.62
27.45
23.37
25.57
28.17


SIOUX CITY
52 1.0 .4
5,815 57.7 44.0
6,620 54.6 50.0
565 6.0 4.3
168 .7 1.5
13,218

-------- ---
2,288 38.9 41.4
2,551 45.3 45.9
558 14.6 10.1

144 1.2 2.6
5,521
ST. LOUIS NSY


132
3,918
1,393

507
5,950


5,080
3,546
543
65
7,054


2,611
1,088
179
335


1,244
1,194
1,100
990

965
1,146


1,182
1,099
1,068
975
1,125

1,274
1,177
1,122
1,081
1,057
1,144


1,132
1,092
1,062

1,008
1,103







WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS

Cttle -- al-e Ho s -s SheeD and lambs
City or Area : Apr.50 : May 2 : Apr.50 : May 2 : Apr.30 : May 2 : Apr.50 : May 2
:-- 1960- 1 959 _: 1960_ : 1959 : 1960 : 1959 : 1960 : 1959
Boston, New York City Area... 15,087 9,754 10,379 8,999 45,574 51,990 40,261 52,995
Baltimore, Philadelphia...... 8,882 7,283 1,669 732 24,259 51,434 5,087 2,903
Cin.,Cleve.,Detroit,Indpls... 18,441 17,431 4,5324 6,118 134,137 120,040 11,008 15,392
Chicago Area........e........ 17,696 21,881 5,525 4,728 35,612 55,998 3,905 3,677
St. Paul-Wisc. Areas......... 28,804 28,569 19,652 18,188 108,745 113,747 9,830 9,265
St. Louis Area............... 10,758 10,619 1,373 2,243 87,229 87,755 4,226 3,866
Sioux City-So. Dakota Area... 20,389 20,898 -- 94,003 88,574 12,508 12,700
Omaha Area.................. 51,595 34,967 187 156 87,353 79,280 12,860 16,185
Kansas City.................. 12,826 11,432 -- 39,778 33,288 -- --
Iowa So. Minnesota ......... 31,805 30,639 8,249 8,197 266,137 260,024 30,682 25,535
Lou'l.Evan'l.Nash'l.Mph's.... 6,205 6,105 35,056 4,095 72,187 59,941 -- --
Georgia, Florida, Ala. Area.. 7,266 6,366 2,584 2,111 35,542 24,418 -- --
St. Jo'ph.Wichita, Okla.City. 19,420 18,432 1,413 684 45,277 42,138 7,867 10,781
Ft.Worth,Dallas,San Antonio.. 10,628 9,846 4,127 4,278 20,892 17,515 27,161 24,038
Denver,Ogden,Salt Lake City.. 21,028 19,342 234 272 17,626 14,899 26,529 25,055
Los Angeles, San Fran. Areas. 24,576 20,570 1,432 1,777 25,478 27,295 36,398 26,114
Portland, Seattle, Spokane... 7,511 6,324 252 317 14,917 15,945 5,041 5,294

Total...................... 290,917 280,438 64,436 62,895 1,152,746 1,124,277 233,165 213,800
Accumulation to date..... 4,950,571 1,168,837 20,871,058 4,051,308
4,538,130 1,159,089 20,192,479 4,029,849


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
-- -- -- -- --- -- -- -- --- T- -F-- 7 Lamb- :
Beef Veal : P r : mb : Total Total
S: :(excl. lard) : and mutton :
Week ended -m : meat lard
Week ended : : Prod. Prod.: m- : Prod. ber. Prod.* prod. prod.
:ber ber ber ber prod
1,000 mil.lb. 1,000 mil.lb. 1,000 mil.lb. 1,000 mil.lb. mil.1b. mil.lb.
Apr. 30, 1960 ............. 550 207.2 92 10.9 1,325 185.5 255 12.5 414.1 --
Apr. 23, 1960 ............ 555 200.3 89 10.3 1,370 188.9 245 12.0 411.5 --
Apr. 16, 1960 / ............. 327 -- 92 -- 1,325 -- 255 -- -- 40.9
May 2, 1959 / ............. 334 199.8 88 10.5 1,275 177.6 242 11.9 399.8 44.6

Percentage change from:
Apr. 23, 1960 ................ 4 5 3 6 -3 -5 4 4 1 --
May 2, 1969 ................ 5 4 5 4 4 3 5 5 4 --

SAverage weight bI : Lard
Week ended Cattle : Calves s Hogs h heep : yield
: : : and lambs : per
: Live :Dressed : LTve:Dressei : Live:Dressed : ITve : Dressed 100 lb.
Apr. 50, 1960 ............... 1030 592 210 119 243 138 99 49 --
Apr. 23, 1960 ............... 1040 598 205 116 242 138 100 49 --
Apr. 16, 1960 ............... 1030 592 200 112 243 140 105 50 --
May 2, 1959 ............... 1046 598 211 119 245 139 100 49 14.5
2/ Actual slaughter. 2/ Excludes lard.


ACTUAL FEDERALLY INSPECTED SLAUGHTER AND REVISED ESTIMATE OF MEAT PRODUCTION
BY WEEKS, MARCH, 1960

: Cattle : Calves : Hogs :- Sheep and lambs : : Lard
Week Av.: : :Av. : : :A. : :'Av : Ttal ed -
ended : Nun- : dr.' Prod.:Num- :dr. : Prod :Num- :dr./ Prod. : Num-:dr. Prod : meat: per : Prod.
: ber: wt :ber :wt : :ber 1/ : ber :wt : :prod.; 100 :
: : : : : : : : : : : lb. :
1,000 lb. mil.1b. 1,000 lb. mil.lb. 1,000 lb. mil.lb. 1,000 lb. mil.lb.mil.lb. lb. mil.lb.
Mar. 5 349 605 211.2 99 108 10.7 1,360 132 179.6 240 51 12.2 413.7 13.5 42.0
12 338 605 204.6 100 106 10.6 1,302 132 172.0 236 51 12.0 399.2 13.9 41.4
19 330 602 198.7 91 105 9.6 1,277 134 171.2 236 51 12.0 391.5 14.4 42.5
26 356 596 212.2 122 108 13.2 1,400 136 190.5 232 50 11.6 427.5 13.4 44.0
Apr. 2 343 599 205.5 106 108 11.5 1,374 136 186.9 247 50 12.4 416.3 12.9 41.6

1/ Excludes lard.

















Classification


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


, Chicago : Kansas City

: Apr.: May *Apr. ;May
30 2 30 2
: 1960 1959 1960 ;1959
- -


: Omaha Denver : Portland
Apr. >May :Apr. ;May ;Apr. May
.30 : 2 .30 2 .30 : 2
S1960 :1959 1960 : 1959 : 1960 '1959
- - -- -


Slaughter cattle, calves and vealers


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

Heifers -
Choice* 700-900#
Good** 600-800
Standard 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


30.40
31.02
27.92
28.18
24.80
21.88


26.90

21.25


33.40
54.12
30.90
31.15
27.80
25.60



27.08
25.00


17.88 21.45
17.25 20.20
16.535)18.38
14.75)


20.93 25.12
20.38 23.62


-

27.48
27.45
25.08
21.65


26.88
24.58
21.00


19.00
16.75
15.12)
13.50)


29.68
29.68
27.35
24.70


28.90
26.48
23.98


20.85
19.48
17.25


18.00 21.82
17.75 21.22


-- -- 25.50
-- -- 23.00
-- -- 20.75


31.50
29.00
23.50


33.00
29.00


27.00
24.50
21.50


30.00
27.50
25.25


34.00
32.00
28.50


29.45
29.42
27.52
27.52
24.38
21.20


27.00
23.82
20.25


18.00
16.68
15.25)
14.25)


33.18
355.18
30.02
30.02
26.85
24.45


28.55
26.15
23.70


21.12
19.48
17.25


18.75 22.88
18.50 22.00


26.00
23.75
21.00


-

26.52
26.80
23.70
20.25


25.98
22.88
19.25


18.75
17.50
15.75)
14.75)


28.60
28.85
25.85
22.75


28.08
25.55
22.25


20.90
19.65
17.45


-
-
27.62

25.62
23.12


26.75
25.00
22.50



17.25
14.50)
12.50)


29.50
29.12
28.12
26.50


--
27.00
25.50


21.25
19.62
16.38


-- 22.50 20.50 23.00
20.00 23.00 21.25 24.00


29.00
26.50
24.00


32.00
29.50
26.00


32.00
30.00
27.50


--
28.25
26.25


35.38
32.75
28.75


Steers -
Choice
Good
Medium


Heifers -
Choice
Med. & Gd.


Feeder and stocker cattle and calves


500-800#
500-800
500-1000


500-750#
500-750


28.80
25.75
22.75


32.62
29.62
27.00


29.25
25.75
21.75


32.00
29.75
26.50


28.55
25.38
21.50


32.50
28.12
24.88


28.00
25.25
21.75


30.50
28.00
23.75


26.25
24.00
20.25


28.75
27.00
24.00


- -- 26.00 29.50 25.50 29.50 25.75 28.25 24.75 27.25
-- -- 22.25 25.75 22.00 25.00 22.00 24.75 20.50 24.25


Cows All wts. -
Med. & Gd.

Calves 300-500# -
Steers -
Good & Choice

Heifers -
Good & Choice


-- -- 18.25 20.25


14.75 19.12


- 30.00 35.50 30.50 35.75


26.50 32.00 26.75 32.38


-- 19.50 15.75


30.00 36.00 28.00 31.00


28.00 33.50 26.25 28.50


*Weight range 600-800# in 1959.
** i 700-9uuf 1 "


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.. .. .. .. .. ..





538


HOGS: AVERAGE COST. WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/

Louis : Kan- S. S. 8-
Chi- Nat. :sas Omaha Sioux St. St. Indian- mkts.
Week ended cago Stock : City Omaha: City Joseph Paul apolis comr
Yards : bined
-------------------- -----
AVERAGE COST Dollars per 100 pound
Barrows Apr.30,1960 15.93 15.84 15.67 15.74 15.51 15.78 15.55 16.09 15.77
and Apr.23,1960 16.19 15.98 15.96 16.16 16.06 15.96 15.90 16.43 16.06
giKts May 2,1959 16.16 16.25 15.85 15.80 15.65 15.85 15.58 16.55 15.97
Apr.50,1960 13.18 13.61 153.84 15.79 13.91 14.00 153.70 13.38 13.65
Sows Apr.23,1960 13.81 15.96 14.21 14.28 14.19 14.31 14.03 13.71 14.04
May 2,1959 13.10 13.54 3.23 12.95 12.71 13.19 15.04 13.00 13.07
AVERAGE WEIGHT Pounds
Barrows Apr.30,1960 238 222 232 240 244 231 239 230 234
and Apr.25,1960 236 221 231 241 242 230 ?39 228 2355
gilts May 2,195 9 234 221 232 29 241 231 236 227 ....
Apr.30,1960 456 401 430 425 415 402 407 441 421
Sows Apr.25,1960 452 402 401 427 425 400 415 438 421
May 2,1959 454 417 436 417 410 598 402 440 418
NUMBER OF HEAD ---
Barrows Apr.50,1960 30792 60448 16727 37717 38487 26047 33519 33094 276831
and Apr.25,1960 26207 65755 19699 54545 35406 51155 59014 27825 277584
gilts MaX .2,1j59... .5 459 5.575o...157Ao.. a651..5554..2a27.. 8511..51AM2...76720
Apr.30,1960 3220 4659 1329 4250 4316 1845 4328 3612 27557
Sows Apr.25,1960 3042 4867 1054 4239 3227 2456 4271 5227 26385
May. 21959. .5374 4062. ..8.79 5....671 ... ....7 9...41...51.20
sows Percentage of total
Apr.30,1960 9 7 7 10 10 7 11 10 9
Apr.25,1960 10 8 5 11 8 7 10 10 9
......... 1959....... 12 7 6 13....... 7 ............. ....... ....... ..... ...... ......
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG, COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
----------------. ------------------ -....-.....-....-.O.... ross
Hog products I/ Hog prices / :or margin 3
Apr.50,1960 $18.28 $16.32 $i.96
Apr.23,1960 18.76 16.60* 2.16
May 2 1959 18.52 16.66 1.86
1/ Value of all edible products, fresh basis (lard rendered) in 100 lb. of live hog comrn-
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.
T/ Difference between wholesale product value and hog prices.
T- Revised.
HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
Barrows and Corn. Hog--corn
Week ended gilts No. 3, yellow price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
Apr.30,1960 15.95 120.2 13.5
Apr.23,1960 16.19 121.1 13.4
May 2,1959 16.16 126.3 12.8
-/ Simple average price.




539


BOSTON WOOL MARKET REVIEW


Trading of greasy domestic worsted
wools in the Boston market consisted mostly
of graded medium fleeces although light
interest was noted in half-blood wools.
Approximately 8 cars were sold with prices
steady to weak. Handlers of pulled wools
were the principal sellers of woolen wools
while scoured shorn wools and noils were
slow to move with prices about unchanged.
There was considerable activity in the
territory States as buyers bought up various
pools and trading in Texas increased. The
first Virginia wool pool of bulk medium
wools sold on April 27.
The Australian markets will resume on
May 2. Midweek cables indicated the Cape
markets continued firm with the Continent
and United States dominating. The Christ-
church, New Zealand sale on April 23 showed
eastern Europe and the Continent dominating
on 56s and finer with general competition
on medium and coarse crossbred wools. Inter-
est continued in Argentine carpet wools
while Montevideo was quiet at nominal quo-
tations.
Fleece Wools Graded 60/62s good French
combing and staple fleece wool sold at $1.09-
1.10 while 56/58s staple and good French
combing brought around $1.09 and 50/54s staple
fleeces moved at $1.05-1.06, clean basis.
The Augusta County pool sold in Virginia at
57, f.o.b. for approximately 300,000 pounds
of medium fleeces with delivery in late May
and early June. Country buyers were paying
mostly 50-520 in Ohio for medium wools and
42-435 for fine wool, while about 50 was
paid in Missouri and Iowa for medium fleeces
and 47# for fine wool.
Territory Wools At a sale held in
Dillon, Montana original bag bulk half-blood
with some fine and 3/8s brought 501- f.o.b.
while buyers paid 45-50 for mostly mixed
clips on the west slope of Colorado. In
Utah mixed clips brought 45-47#.
Texas Wools Eight months wool at the
Del Rio sale brought grease prices ranging
from 47-56# and was estimated to cost clean
around $1.05-1.08 delivered East. Estimated
prices for average 12 months in Texas ranged
from $1.12-1.15 while good 12 months wool in
original bags was estimated from $1.15-1.20
delivered.
Mohair Recent sales of mohair in Texas
amounted to approximately 300,000-400,000
pounds at 961 for adult and $1.26-, for kid
hair to the warehouse. Most of this volume
consisted of adult hair with very little kid


in the accumulation. This hair was
purchased mostly for use in domestic
consumption.
Foreign Wools Cabled quotations
at week's end follow, with combing
wools converted to clean U. S. oil-
combed yields and short wools to
scouring yields, in bond.
Australia, oil-combed Auctions
resume May 2 at Brisbane.


New Zealand
Oil-combed
86 $.98
93 .94
834 .93
100 .91
107 .88
114 .87
128 .842


South Africa
Oil-combed Scoured yields
'47 I1.5 22 $1.08
48 1.12 25 1.07
52 1.12 27 1.05
53 1.10 28 1.04
32 1.00
33 .95
37 .95


Montevideo, Super Skirted (Clean


basis): 64s $1.08;
Ms_- $1.03; 58/60s -
950; 56s 953; 50s -


60/64s $1.06;
$1.00; 56/58s -
924.


Carpet Wools Spot carpet wools
were slow to move. Light gray Paki-
stan carpet fleece sold around 524
clean fibers present. Strong quotes
from Buenos Aires showed November
second clips at 84-850, March around
81-820 and 36/40s lambs wool at 81l#,
clean fibers present. New Zealand
carpet fleeces were priced at 840,
second shear at 82-835 and crutchings
at 800 and white Aleppo fleece wool
at 835, clean fibers present for ship-
ment.
Woolen Wools Sales follow:
Scoured Pulled Domestic
60/62s 2 -3-1" ch. wh. $1.23
58/60s 2 -5" heavy stain 1.12
58s 1--2" ch. wh. lambs 1.13
58s 2-3" heavy stain 1.12
56s edge 54s 2-35" white 1.10
Wool Tops Trade was slow but a
strong demand continued for fleece 54s
oil-combed tops for immediate delivery.

CLOSING FUTURES QUOTATIONS Apr. 28,
1960 (Furnished by the Wool Associates
of the New York Cotton Exchange)
May wool tops $1.468
May wool 1.167
July wool tops 1.493
July wool 1.182






340


WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEWS

EASTERN SEABOARD Dull trading pre-
vailed early in the week, but normal activity
developed at mid-week and continued into the
close. Outlet for most fresh meats was only
fair at best. However, beef movement was some-
what more active than in recent past weeks,
and veal was fairly active due to week-end
retail feature by large chain stores, which
absorbed major portion of supplies at most
eastern seaboard markets. Clearance was fair-
ly complete at all markets except Washington,
where cleanup was poor except for veal. Sup-
plies of Prime steer beef were very small,
while volume of calf was curtailed, partic-
ularly at New York. In-shipments of steer and
cow beef were slightly above normal at Phila-
delphia, but about normal at other marketing
areas. Lamb, veal and pork supplies were
generally normal.
Compared with previous week, steer beef
steady to $1.00 lower, with some decline at
all markets except New York; cow beef mostly
steady. Calf sold steady at New York, and veal
steady to $1.00 higher, while sales of veal
at other markets was steady to $2.00 lower.
The trend for lamb was steady to $1.00 lower;
pork loins steady to $3.00 lower; other pork
cuts steady to $2.00 lower.

CHICAGO Beef, lamb and fresh pork
supplies were about normal. Most beef graded
Good to average-Choice with carcasses under
700# most abundant. Lamb primarily weights
over 55#, although volume of spring lamb in-
creased over the past several weeks. Veal
receipts were moderate. Dependable outlets
made for a fairly active trade on primal beef
cuts. Carcass beef trading was rather limited
as the bulk moved in the form of cuts. Veal
and lamb trading was moderately active.
Fresh pork trade was slow throughout.
Compared to last Friday: Steer and heif-
er beef 504-$1.00 higher; veal steady; lamb
mostly steady; pork loins 8-16# steady to
$1.00 lower; Boston butts steady to 500 lower;
spareribs 5# down steady.

PACIFIC COAST Steer and heifer beef
supplies were fairly plentiful at all points
on the West Coast and trading was rather slow.
Cow beef receipts were moderate but adequate
for a fair demand. Calf was more than ade-
quate for a slow movement at Los Angeles while
veal was fully adequate to instances excessive
for a poor demand at San Francisco and in the
Pacific Northwest. Spring lamb was in some-
what more plentiful supply but movement was
fairly good while old crop was scarce. Mut-
ton was also more plentiful and more than
adequate. Fresh and cured pork cuts were
liberal with accumulations of most all cuts.


Compared to the previous week's close: Steer
beef mostly steady; cow beef steady to $1.00
higher; calf mostly steady; veal steady to
$1.00 higher at Portland but $2.00-4.00 lower
at San Francisco; spring lamb steady to $1.00
higher at Los Angeles but $1.00-2.00 lower
elsewhere on the West Coast; mutton weak to
$2.00 lower; fresh pork loins steady to $2.00
lower; N. Y. shoulders steady to $1.00 high-
er; spareribs steady to $1.00 higher at Los
Angeles but $1.00 lower in the Pacific North-
west; smoked pork and lard mostly steady.

CARLOT MEAT TRADE REVIEWS

MIDWEST CARLOT DRESSED MEAT SUMMARY -
Based on reports from major slaughter centers
in Iowa, Nebraska, Minnesota, Missouri, South
Dakota, Kansas and southwestern Illinois. Steer
and heifer beef prices advanced while other
classes declined moderately. Supplies of steer
and heifer beef a little below normal, cow beef
rather limited with volume of lamb and pork
cuts normal. Compared to the previous week's
close, steer beef 500-$1.00 higher, except in
southern part of the area where prices were
steady to 500 lower, instances $1.00 off;
heifer beef mostly 500-$1.00 higher; cow beef
steady to 500 lower; lamb steady, instances
$1.00 lower; pork cuts 500-$1.00 lower.
Clearances were generally complete on all
classes except fair on pork. Choice 600-700#
steer beef carcasses brought $42.75-43.50,
few carlots $44.00-44.50; Choice 700-800#
$42.25-43.00, moderate showing $43.50-44.00;
Choice 500-700# heifer carcasses $42.25-43.00,
few carlots $43.25-43.50. Utility cow beef
brought $31.00-31.50, scattered sales $32.00-
32.50. Choice and Prime 45-55# old crop lamb
ranged from $41.75-45.00, mostly $42.50-44.50;
8-12# pork loins $35.50-58.50 during the week,
but closed at $36.00-37.00; Boston butts $25.50-
28.00, closed $26.00-27.50.

CARLOT SUMMARY Chicago, Denver, New York
and Philadelphia. Trading on steer and heifer
beef along with lamb was slow early in the week
but moderately active around mid-week and there-
after. Supply of cow beef was rather small but
outlet was only fair and trading was generally
slow. Trading on pork loins was dull through-
out. Price trends on steer and heifer beef were
strong to $1.00 higher for the week with a
large share 500-$1.00 up; cow beef steady to
500 lower. Lamb prices were steady to 50# low-
er at New York and 50#-$1.00 off at Denver and
Philadelphia. At Chicago, however, early
declines of 500 on lamb were recovered at the
close to leave late sales steady with the
previous week. Pork loins closed steady de-
spite a slow trade at Chicago, but were $1.00
lower at Philadelphia.







WOLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS


Weekly average

New
Classification --
'Apr.30
-. -. -'- 60 -
Steer beef -
Prime 700-800# --
Choice 600-700 47.00
700-800 46.00
Good 500-600 43.75
600-700 44.00
Heifer beef -
Choice 500-600 --


Good


600-700
500-600


Veal -
Prime 90-120#
Choice 90-120
Good 90-120
Lamb -
Prime 45-55#
Choice 45-55
Fresh pork -
Loins 8-14
Butts 4-8
Spareribs 5# down
Cured pork -
Hams, sink. skd. -(Cook
before eating) 12-16#
Bacon, smoked, sliced -
1# package (box lots)
Picnics, smoked (Cook
before eating) 4-8#
Lard, 1# carton
*Snring lamb.


57.00
48.40
44.30


of daily quotations in dollars per 100 pounds

York Chicago San Francisco Los Angeles
:May 2 *Apr.30 :May 2 :Apr.30 :May 2 :Apr.30 :May 2
: 1959 :1960 : 1959 :1960 : 1959 : 1960 t 1959


56.25
49.50
49.00
47.20
47.20


62.50
55.00
49.90


45.63
44.06
43.00
43.00

44.50
44.50
41.153

55.00
49.50
45.00


47.00
46.25
44.62
44.62


61.00
55.25
51.25


45.00
43.50
43.50
42.50

44.50
43.00




52.00


48.00 46.00 46.50 46.50 45.00*
46.00 44.60 46.50 45.50 45.00*


42.40
55.80
41.50


47.70
37.50
44.80


39.75
29.60
59.75


43.80
32.65
42.05


46.00
39.00
47.00


48.00
46.50
46.50
45.00







56.00


46.00*-

47.50
38.00
47.50


48.00 50.80 50.75 49.50 50.50 51.00


44.50

50.50
12.75


48.20 54.50 52.00 51.00 52.00


32.50
12.75


BULK PRICES CAILOT
Classification -~: P---ices
S---ee- Pe: -


Steer beef-
Choice


Good


Heifer beef -


Choice


Good

Cow beef
Utility


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


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


Canner and Cutter
Lamb Old crop
Prime 55-4


Choice


Fresh pork -
Loins


45-55
55-65
35-45
45-55
55-65


43.50-44.00
43.00-45.50
42.50-45.00
41.00-41.50
41.00-41.50
40.50-41.00

43.00-43.50
45.00-43.50
40.00-40.50
40.00-40.50

31.00-31.50
31.50-52.50




45.00-46.00
42.50-44.00
40.00-41.00

37.00-37.50


34.50
13.153


34.25 52.00 34.00
14.00 16.50 16.00


45.25
45.50
43.25
41.50

44.75
43.50
42.50


47.00
45.56
46.00
44.00


45.62* 44.50*
45.62* 44.50*


42.00
36.50
43.25


44.50
35.50
46.50


49.58 49.58

50.50 54.00

32.00 34.00
14.88 15.25


BASIS WEEK ENDED APRIL 29, 1960
jaOld FO. : TricesdlIverei d
Denver 5: -t bevYork 1 hiladeilia


42.50-43.00
42.00-42.50
42.00-42.25

40.50-41.00
40.50-41.00

43.00
41.50-42.50
59.00-39.25
39.00-59.25


42.75
40.50-41.50
38.50-39.50
42.75
40.50-41.50
38.50-39.50


42.75-43.25
42.50-42.75
42.25

40.25-40.75
39.25-40.25

42.50-45.00
42.50-43.00
38.75-39.50
38.75-39.50

50.50-31.00
31.00-51.50


41.75-42.75
39.75-40.25

36.50-37.00


45.50-46.50
45.50-46.00
44.50-45.50

43.00-43.50
42.50-43.00


45.50-46.50
44.50-45.50
44.00-44.50

42.00-43.50
42.00-43.00

44.00-45.00
45.00-44.00


33.00-3355.50
33.00-33.75


46.00-48.00
44.00-45.50
42.00-43.00
46.00-48.00
44.00-45.50
42.00-43.00

37.00-38.50


39.00-39.50


5^






342


MEAT ANIMALS

Farm Production, Disposition and Income
By States, 1958-59


Farm production of meat animals in 1959 totaled 52. 7 billion pounds
live weight, 8 percent more than the 48. 7 billion pounds in 1958, according to
the Crop Rerorting Board. This is the highest production of record. Cattle
and calf production amounted to 56 percent of the total farm production of meat
animals in 1959, with hogs furnishing 41 percent and the remaining 3 percent
coming from sheep and lambs. In 1958, cattle and calves represented 57 per-
cent of the total; hogs, 40 percent; and sheep and lambs, 3 percent.

Gross income (cash receipts plus value of home consumption) from
meat animals amounted to $11.4 billion, 2 percent less than the $11.6 billion
in 1958. The gross income in 1959 for cattle and calves was above that of a
year earlier, but was lower for hogs and sheep and lambs. The increase in
gross income for cattle and calves was due to larger marketing and higher
prices, while for hogs and sheep and lambs the decrease was due to lower
prices, since marketing were larger.

CATTLE AND CALVES: Production of cattle and calves in 1959 was
29. 5 billion pounds, 7 percent more than the 27. 7 billion pounds in 1958. The
increase in production was due to the increase in inventory numbers. Gross
income from cattle and calves in 1959 amounted to $8. 0 billion, the largest for
any year of record. The 1959 gross income is 6 percent above the $7.6 billion
in 1958. Cash receipts in 1959 totaled $7. 9 billion compared with $7.4 billion
in 1958. The average price per 100 pounds live weight received by producers
in 1959 was $22. 60 for cattle and $26. 60 for calves. In 1958, the selling price
per hundred pounds for cattle averaged $21. 90 and calves $25. 20.

HOGS: Hog production during 1959 is estimated at 21.4 billion pounds,
up 10 percent from the 19.4 billion pounds the preceding year. The 1959
production is 15 percent below the record of 25.4 billion pounds in 1943. Gross
income in 1959 from hogs at $3. 0 billion was 18 percent smaller than the $3. 7
billion in 1958. Cash receipts at $2. 8 billion in 1959 compare with $3.4 billion
the preceding year. The average price per hundred pounds live weight was
$14. 10 in 1959 compared with $19. 60 in 1958.

SHEEP AND LAMBS: The production of sheep and lambs in 1959
amounted to 1. 7 billion pounds, 3 percent above 1958. Gross income was $340
million in 1959 compared with $360 million in 1958. Cash receipts of $336
million were 6 percent smaller than in the preceding year. In 1959, sheep sold
for an average of $5. 99 per hundred pounds live weight and lambs $18. 70. The
average price in 1958 was $7. 13 for sheep and $21. 00 tor lambs.





343


CLASSIFICATION OF LIVESTOCK SLAUGHTERED TENDER FEDERAL INSPECTION l/


: Number (000 omitted) :
----------


Classification


Cattle:
Steers...........
Heifers ..........
Cows .............
Bulls and Stags..
Total 2/.........
Canners & Cutters 3/
Hogs:
Sows .............
Barrows and Gilts
Stags and Boars..
Total 2/ .........
Sheep and Lambs:
Lambs L Yearlings
Sheep.... .........
Total 2/.........


: Mar.
: 1960


908
525
325
19
1,577
147

550
5,755
31
6,116

1,056
52
1,088


Feb.
1960


806
510
506
14
1,456
154

555
5,485
253
5,841

1,049
27
1,076


Jan.-
Mar.
S1960

2,586
964
978
50
4,578
429

1,048
17,552
75
18,475

5,514
87
3,401


Mar.
1959


751
286
280
17
1,554
121

575
5,557
25
5,755

1,102
41
1,145


* Mar.
: 1960


57.6
20.6
20.6
1.2
100.0
9.3

5.4
94.1
.5
100.0

97.1
2.9
100.0


Percent

: Feb. : Jan.-: Mar.
: 1960 } Mar. : 1959
: : 1960 :


56.1
21.6
21.5
1.0
100.0
9.3

5.7
95.9
.4
100.0

97.5
2.5
100.0


56.5
21.0
21.4
1.1
100.0
9.4

5.7
95.9
.4
100.0

97.4
2.6
100.0


56.5
21.4
21.0
1.3
100.0
9.1

6.5
95.1
.4
100.0

96.4
3.6
100.0


1/ 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

: i : : Bulls and 'Canners &
: Steers : Heifers : Cows : Stags : Cutters,
Region : : : : :all classes
March : March March : March : March
- ---------_ --1-- 1960: 1959: 1960:1959 :1960 :1959 :1960 l252 "1ja60 1195
Pct. Pct. Pot. Pct. Pct. Pct. Pct. Pot. Pct. Pot.


N. Atlantic States...
S. Atlantic States...
N.C. States-Eastern..
N.C. States-N.Western
N.C. States-S.Western
S. Central States....
Mountain States ......
Pacific States.......


71.8
58.5
58.6
54.8
66.6
48.5
37.9
70.9


69.4
66.0
60.5
53.3
63.8
35.3
58.2
71.2


1.1
8.1
11.2
25.2
14.7
16.0
50.8
15.0


2.0
7.7
12.3
26.53
19.9
12.4
52.7
13.8


26.3
32.2
28.4
18.8
18.5
33.6
10.5
12.6


27.3
25.2
26.2
19.3
16.0
49.3
8.0
13.2


.8 1.3
1.2 1.1
1.8 1.2
1.2 1.1
.4 .5
1.9 3.0
.8 1.1
1.5 1.8


12.5
15.0
14.5
6.8
6.0
21.2
3.0
3.8


10.9
153.3
14.5
6.6
4.6
23.53
3.1
5.0








UNITED STATES FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION


M arch.- c : Percentage
SMarchJan.-March March 1960 of
1960 1959 1960 1959 :Mar ---------------------- .
0 0
: 1960 1959 1.960 1959 Mar I 5--yr


Number slaughtered under Federal inspection
Number slaughtered under Federal inspection:


Cattle.......... 1,577
Calves.......... 482
Hogs............ 6,116
Sheep & lambs... 1,088
Average live weight: (pounds)
Cattle.......... 1,049.4
Calves.......... 187.0
Hogs.......0..*. 231.9
Sheep & lambs... 104.9
Average cost to packers (dollars
Cattle.......... 23.52
Calves.......... 25.01
Hogs...... ...... 15.37
Sheep & lambs... 21.52
Dressings yields (per 100 pounds
Cattle.......... 57.5
Calves........... 57.6
Hogs 1/......... 76.9
Sheep & lambs... 48.2
Lard per 100#... 15.9
Lard per animal. 52.1
Average dressed weight: (pounds)
Cattle.......... 605.4
Steers 2/....... 655.6
Heifers2/...... 549.3
Cows 2/.-....... 526.0
Calves.......... 107.7
Hogs............ 178.3
Sheep & lambs... 50.6
Condemnations: 3/(number of head)
Cattle......... 4,668
Calves.......... 2,578
Hogs............ 9,939
Sheep & lambs... 4,282
Total dressed weight Excluding c
Beef............ 948,710
Veal............ 51,604
Pork(carcass wt.) 1,088,755 1,
Lamb & mutton... 54,850
Total 4/........ 2,145,880 1,
Pork, ixcl.lard 819,880
Lard production 5/ 196,299
Rendered pork faTE 6.990


1,5334
423
5,7533
1,143


1,057.8
187.6
235.5
104.0
per 100
24.70
27.15
15.71
19.10


*


(thousands
4,578
1,284
18,474
5,400


1,056.1
195.7
233.4
105.8
pounds)
22.68
24.735
13.70
19.66


live weight)
57.6
56.8
76.9
48.6
14.2
33.5

609.3


106.6
181.1
50.5

4,131
2,645
8,731
4,419
condemned:
810,544
44,819
056,641
57,520
949,524
775,119
191,489
7,978


57.4
57.4
76.5
48.6
13.5
31.6

606.6


112.4
178.6
50.4

14,133
7,104
29,050
11,9853
(thousands
2,768,411
145,508
3,294,488
170,841
6,377,249
2,496,275
583,1453
21,272


of head)
3,995
1,224
17,504
5,545

1,066.2
194.8
237.0
104.2

24.22
26.89
16.01
18.44


: 1959 s mar.av.


118
114
107
95

99
100
98
101

94
92
98
112


108
84
110
97

104
98
99
102

119
125
95
105


57.5
56.6
76.9
48.8
14.1
33.3


611.5



110.2
182.2
50.8

12,949
7,629
26,811
11,759
of pounds)
2,434,115
154,014
3,147,202
179,470
5,894,801
2,359,772
575,952
24,146


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


/FATso
numbers.


117 115
115 84
105 109
95 99
110 111
106 111
103 105
88 78
included with
5/ Includes


344







COMMERCIAL LIVESTOCK SLAUGHTER, UNITED STATES, MARCH 1960 1/


Month
and
period


March 1960
March 1959
Jan.-Mar. 1960
Jan.-Mar.1959


: Cattle

: Federally : Other :
: inspected : Cercial


Thousand head
1,576.9 486.8
1,5534.4 427.6
4,578.1 1,5375.0
S35,994.5 1,297.0
Hogs


: Calves
- ~ 9_ .


SAv. :Federally:
Total : live : ede d:
weight inspected:
Poundsight Th
Pounds Th


2,065.7
1,762.0
5,955.1
5,291.5


1,019
1,025
1,026
1,0335


481.7
423.1
1,283.9
1,224.2


Other
comn-
mercial .
ousand head


261.2
260.4
716.8
706.0


Total


742.9
683.5
2,000.7
1,930.2


Sheep and lambs


March 1960 6,116.1 1,224.1 7,540.2 250 1,087.9 129.6 1,217.5
March 1959 5,732.9 1,085.6 6,818.5 233 1,143.4 165.5 1,308.9
Jan.-Mar. 1960 18,475.5 5,654.9 22,128.4 231 3,400.5 388.6 35,789.1
Jan.-Mar. 1959* 17,505.7 5,260.1 20,563.8 255 3,545.4 376.4 5,921.8

I/ Excludes farm slaughter. *Revised.

COMMERCIAL MEAT AND LARD PRODUCTION, UNITED STATES, MARCH 1960 I/


Month and
period -


March 1960
March 1959
Jan.-Mar. 1960
Jan.-Mar. 19594/


* Beef


1,197
1,050
5,475
35,102


1/ Excludes farm slaughter. 2/
3/ Includes rendered pork fat.-
Agricultural Estimates Division.


Veal : Pork Lamb :
Veal : :and mutton :
M i 1 ion P o u n d s
83 981 61
74 918 65
253 2,977 189
215 2,790 198


Excludes lard and rendered pork f
4/ Revised.


Total
meat 2/ :


2,522
2,087
6,874
6,505
at.


MEATS AND MEAT PRODUCTS GRADED, OR ACCEPTED AS COMPLYING WITH
SPECIFICATIONS -- BY THE U. S. DEPARTMENT OF AGRICULTURE I/
: Beef : Veal and calf : Lamb ana imrton
Grade :- -MErc"h : F Marc : caFci : aaF6c : aFc : aFc -
: 1960 : 1959 : 1960 : : 1960 : 1959
Thous. pounds Thous. pounds Thous. pounds
.............. 13,227 12,174 139 170 4,261 319
.............. 377,647 324,067 2,742 2,844 18,845 21,328
.............. 160,987 156,237 7,748 6,489 781 35,644


Standard ..........
Commercial ..........
Utility .............
Cutter ..............
Canner ..............
Cull ................


16,383 13,866
5,115 4,130
5,313 3,704
790 737
104 232


1,386 1,017


139


154


-- -- 7 13 -- -


Total ............. 579,565


Bull and stag beef ..
All other meats
and lard ..........


796

12,902


515,147

778

10,863


12,160


10,687


23,899


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


" Av.
: live
:weight
Pounds

197
193
206
199


104
103
103
104


Lard 3/


223
217
665
652


Prime .,
Choice
Good ..


25,297


--








MEAT AND MEAT FOOD PRODUCTS INSPECTED WHEN OFFERED FOR IMPORTATION
(USDA ARS Meat Inspection Division)
MARCH 1960


- FresHi imeats an edible oTf5l -


Country of origin


Argentina ............
Australia ..........
Brazil .................
Canada .................
Denmark ....... ..


Germany ...................
Holland ...................
Ireland ...................
Mexico ....................
New Zealand ...............

Paraguay ..................
Poland ....................
Uruguay ...................
All others ................


: Beef and :
-: Veal
Pounds
... --
.. 9,172,552
9... -
.9. 1,649,937
*9 --


7,193,953
5,991,699
2,763,610


3,689,824


Total March 1960 ........ 30,461,575
March 1959 ........ 32,370,345


Refuserl or condemned:
March 1960 ........
March 1959 ........


Country of origin


Argentina ...........
Australia ...........
Brazil ..............
Canada ..............
Denmark .............

Germany .............
Holland .............
Ireland .....9......
Mexico ..............
New Zealand .........

Paraguay ..........
Poland ..............
Uruguay .............
All others ..........


9,740
283,416


Lamb and : Pork
Mutton :
Pounds Pounds


3,383,527

1,964


77,238


197,657
3,660,366
2,508,196


250
95,623


Canned meats
S- --- --
: Beef Pork Misc1.
* 9 :


Pounds
3,102,453
14,400
394,876
1,511
9,000


Pounds



173,455
3,291,385


-- 344,929
10,293 5,797,262


161,078

315,111


1,335,785

54,186


Total March 1960 .. 4,008,722 10,997,002
March 1959 .. 4,490,023 12,278,4053


Pounds




18,080
194,320


571
41,283


-:~ CuFed ieats -
Beef : Pork


Pounds


2,503,755


542


Pounds


506,361
40,807

25,709
8,232
26,750


10,224


2,513,979
4,796,887


8,960


7,550

8,092
12,235,671


5,135 101,435

Cooked : Sausage : General :
beef :(Trichina: miscel- :
- : treated): laneous :
Pounds Pounds Pounds
825,522 26,320


1,933
248,304


12,208
192,270
7,680


-- 50,704
-- 5,523


272,493 -
17,920 --
94,162 143,702
638,829 825,522 450,166
1,450,789 127,755


14,414
620,253
966,076


105
10,170


Total

Pounds
3,954,295
12,570,479
407,084
5,049,808
3,791,496


-- 419,913
-- 5,862,595
-- 7,220,685
5,991,699
526 2,851,598


15,228
1,680
10,783
S264,695
465,003


161,078
1,621,506
334,711
4,212,258
54,449,201
71,489,148


Refused or condemned:
March 1960 ..
March 1959 ..


49,371
2,773


10,076
42,472


2,420
5,763


Note: In addition to the above, March 1960 imports
from Mexico.


588


-- 80,922
-- 545,375


included 38,500 pounds of horse meat


v
*


--


--


--


--







AVERAGE PRICES RECEIVED BY FARMERS FOR LIVESTOCK, FEED AND WOOL I/

Apr. 15, Mar. 15 Feb. 15 Apr. 15 Average
Commodity and unit 1960 1960 1960 1959 De. 1949
Prices received by farmers -
Hoga Per cwt. Dol. 15.50 15.10 13.00 15.50* 21.90
All beef cattle "I 21.70 21.80* 20.70* 24.20* 20.20
Cows a 15.70 15.90 14.80 18.10 --
Steers and heifers 24.20 24.10 23.40 26.60 --
Calves n 24.80 25.10 24.70 28.80* 22.60
Sheep 6.29 6.27 5.96 7.07* 9.15
Lambs n o 19.90 20.30, 18.60 19.20* 21.90
Wool 2/ Per lb. .445 .432 .428 .392 .460
Corn Per bu. 1.05 .999 .995 1.13 1.64
Oats N .680 .676 .678 .602 .852
Barley .844 .839 .860 .898 1.37
Hay, all baled ton 22.50 22.90 22.50 18.80 22.40
Cottonseed. -- 39.80 39.60 71.60
Apr. av.
Hog-corn price ratio 3/ 1949-58
United States Bushel 14.8 15.1 13.1 13.7* 13.8
N. Central States 15.4 15.9 13.6 14.1* 14.2
Iowa 17.0 18.6 16.0 14.5 -
Index numbers: (Av. Jan. 1910-Dec. 1914 -100) 1947-49
All farm products 242 240 233 244 271
Feed grains and hay 158 153 153 161 230
Meat animals 310 307 286 336 334
Prices paid by farmers -
All commodities 278 276 276 276 240

V/ Estimates of Crop Reporting Board.
2/ Average local market price, excluding incentive payment.
S Revised.
EFFECTIVE PARITY PRICES FOR LIVESTOCK, FEED AND WOOL i/

: Adjusted : Effective parity prices 3/
Commodity and unit : base : based on data for
prices 2_ / Apr. 1960 : Mar. 1960 : Apr. 1959

Hogs Per cwt. Dol. 7.14 21.60 21.40 21.70
Beef cattle H N N 7.92 23.90 23.80 23.20
Calves n N N 8.75 26.40 26.20 25.60
Lambs 8.55 25.80 25.60 25.80
Wool Per lb. N 4/ .248 .749 .744 .724
Corn bu N .545 1.65 1.64 5/ 1.70
Oats n .281 .849 .843 .840
Barley o" .424 1.28 1.27 1.29
Cottonseed ton N 4/ 22.40 67.60 67.20 67.30


I/ Parity prices are computed under the provisions of Title III, Subtitle A, Section 301 (a)
of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948,
1949, 1954, and 1956.
2/ 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 allow-
ance for unredeemed loans and other supplemental payments) unless otherwise noted.
3/ 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 1950-59 (including an
allowance, where appropriate, for unredeemed loans and other supplemental payments
resulting from price support operations).
5/ Transitional parity, nonbasic commodities 45 percent (50 percent during 1959) of parity
price computed under formula in use prior to January 1. 1950.





348
U. S. Department of Agriculture
Washington 25, D. C.


UNIVERSITY OF FLORIDA

Pos 3 1262 08735 7017
U. S. Department of Agriculture


OFFICIAL BUSINESS


Form AMS-5/5/60
Permit 1001.


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


SHEEP AND


IAMBS: WEEKLY AVERAGE OF DAIII QUOTATIONS
In dollars per 100 pounds


: Chicag: Kansas
Chicago Omaha City


*
. Fort
SWorth


-- --- -- -- -- ^ --- -- --
: North
: Denver: Ogden : Port-
S. : land


SLAUGHTER IAMBS: (Spring) All wts.


Prime Apr.30,1960
May 2, 1959
Choice Apr.30,1960
May 2, 1959


Good


Apr.30,1960
May 2, 1959


22.22* 21.95* 24.25
-- 24.45
21.48* 21.08* 23.50
22.18* 21.58* 23.60
20.35* 19.95* -
21.68* 20.78* 22.60


25.25 24.15
-- 24.70
22.75 21.15*
22.45 24.20
22.00 20.18*


21.40


SIAUGHTVR IAMBS: (Shorn) 105 lb. down


Apr.30,1960
May 2, 1959


Choice Apr.30,1960
May 2, 1959


Good


Apr.350,1960
May 2, 1959


EWES: (.r.-n)
r-Nc -. Apr.30,1960
C(1ice -ay 2, 1959
W i d Apr.30,1960
Utility May 2, 1959
FlnF>-' IAMBS All wts.
Good and A-'r.30,1960
Choice 3'-'ay 2, 1959
Wooled basis.


20.
20.
19.
20.


6.
7.
4.
6.


10
85
227
05


-- -
-- -- 19.45 20.40
20.78 19.50 19.40 19.85
------ -^ -- -* -^
18.65 --
19.82 18.50 18.65 19.10
- - --a m a


20-: 4.75
75* 6.50
85* 3.50
00* 4.45


S 21.50
19.88


5.30*
6.50*

3.90*
5.00*


6.18
7.75

5.30 4.42
-- 5.12


18.12

17.50


6.25*
4.75

4.25*
2.00


18.40 19.88
- 18.75 19.58


18.51
18.75
17.75
18.00


5.50
8.00*

3.75
5.50*


Classification


Prime


22.75

22.00

20.75
17.50*


21.18


23.00
25.41
22.25
22.50


- 15.75
- 15.25




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