Livestock, meat, wool market news

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

Subjects

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

Notes

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

Record Information

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University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004691915
oclc - 04512121
lccn - sn 87043107
Classification:
lcc - NOT IN LC
ddc - 338.105
System ID:
AA00008493:00126

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



LIVESTO4



MEAT



WOOL


1/[ e?



WEEKLY SUMMARY

AND STATISTICS


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


Vol. 28, No. 3


January 19, 1960


Week ended January 16


Page


Livestock Market Reviews . .
Livestock Market Receipts .
Steer Sale Statistics (with yearly totals)
Heifer Sale Statistics (with yearly totals)

Feeder and Stocker Statistics .*
Estimated Slaughter and Meat Production .
Slaughter at Major Centers & *
Estimated Percentage of Feeder and Stocker C
and Slaughter Cows in Salable Receipts .

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

Wholesale Meat Trade Reviews .
Wholesale Meat Prices . & *
Wool Market Review o .


* *
. 0
* 0 .
* 0 0 .


* 0 .
. *
* 0 0 0
attle
* .

* 0 0
* 0 0 0
* 0 *
* .

* 0
* .
* 0 0


Special to this issue

Livestock Prices and Composite Meat Values, December 1959.
Storage Holdings of Meats and Lard, Dec. 31, 1959 .
Cattle and Calves on Feed, Jan. 1, 1960 . .


* .

* .
* 0
* 0
* .


. 54
. 55
.56






MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Trading was active on slaughter steers
and heifers at midwest markets and prices ad-
vanced as broad demand for slaughter cattle
along with higher dressed beef prices more
than offset the influence of substantially
increased receipts. Slaughter steers and
heifers sold 25#-$1.00 higher at most markets.
Hog receipts continued liberal but good de-
mand and higher dressed pork prices influenced
a general advance of 50#-$1.00 on barrows and
gilts. Slaughter lambs closed 254-$1.00
higher for the week at most points.

SLAUGHTER CATTLE AND CALVES Prices on
slaughter steers and heifers showed a substan-
tial advance for the second week in a row de-
spite an increase of nearly 17 percent in
the 12 market cattle receipts. The number
of slaughter steers sold out of first hands
at the 7 markets totaled 88,325 compared to
75,147 the previous week and 86,560 a year
ago. The average weight of slaughter steers
at those markets increased 4# to 1158# but
was 15# below a year earlier. A general price
advance of 254-$1.00 was recorded on fed steers
and heifers under the influence of broad de-
mand and higher dressed beef prices. At St.
Joseph sales were 750-$1.50 higher, but the
advance at that point in the previous week
trailed other markets. Meanwhile, Good to
average-Choice steers 1250# up closed steady
to 500 lower at Chicago, an influx of 1400-
1650# offerings from commercial feedlots in
the Plains States the weakening influence.
Standard and Good steers over 1200# also
closed as much as 500 lower in Sioux City.
the percentage of cows in receipts increased
slightly for the second week, and prices were
mostly 25#-750 lower except for a 500-$1.00
advance at St. Joseph. Bulls steady to 500
lower; vealers were steady. At Chicago a
load Prime 13555# slaughter steers sold at
$29.50; 25 loads high-Choice and Prime 1165-
1455# $28.75-29.00; most high-Choice and mixed
Choice and Prime $27.50-28.50; bulk Choice
$26.00-27.50; mixed Good and Choice $25.50-
26.50; Good $26.75-25.25. Elsewhere high-
Choice and Prime steers cashed at $26.75-
28.00, load Prime 1081# steers at St. Joseph
$29.00; majority Choice $24.50-27.00; Good
and low-Choice $22.50-25.25 except numerous
loads 1250-1495# at Omaha $21.50-25.25. High-
Choice and Prime heifers over the area realized
$26.50-27.50; Choice $24.50-26.50; Good and
low-Choice $21.50-25.00. Utility and Com-
mercialcows brought $14.00-17.00, Canners and
Cutters $12.00-15.00.

STOCKER AND FEEDER CATTLE AND CALVES -
Marketings of stocker and feeder cattle and
calves as a whole were seasonally moderate but


there was more than the normal amount of vari-
ation in distribution of supplies between mar-
kets. At one or two centers, most notably
at Sioux City, supplies were large for January,
while at some other terminals supplies were
small. Varying weather conditions in different
areas were a factor influencing increases or
decreases in supplies and undoubtedly income
tax problems also played a part in some
instances prompting marketing ahead of the
turn of the year and in others making it advan-
tageous to wait until the current year. Abun-
dant supplies of roughage and other feeds to-
gether with the downward spiral in slaughter
cattle prices during the latter part of 1959
followed by the sharp price recovery in recent
weeks also have been important considerations
influencing both marketing and demand for
stockers and feeders. Recent upturns in slaugh-
ter cattle prices did much to revive interest
in stockers and feeders. In the face of the
currently good demand, prices for the second
consecutive week were stronger, ranging from
steady to $1.00 higher for the week under re-
view.
Good and Choice yearling stock steers
sold chiefly from $25.00-27.00, few Choice 500-
600# $27.50-30.00; Medium and low-Good $19.50-
$25.50; Good and Choice feeders 750# up $22.00-
25.00. Feeders 800# down sold well above the
same grades 900# up, for example, few Choice
750-850# $25.25-26.00, whereas Choice 936#
brought $24.00. Relatively few steers over
1000# sold for further feeding but feeder buy-
ers gave slaughterers considerable competi-
tion on fleshy two-way kinds under 1000#. Good
and Choice 600-750# heifers brought $21.00-
24.00. Good and Choice steer calves bulked
at $26.00-51.00, few loads $51.50-553.00.
Choice 416# heifer calves brought $28.50,
bulk Good and Choice $22.00-27.00. Few Good
young stock cows sold at $18.00-20.00, majority
Medium and Good $14.00-17.50.

HOGS Terminal Markets Receipts at
the 12 markets were little changed from the
previous week or the same week last year. Mixed
U. S. No. 1-5, 200-250# barrows and gilts made
up the bulk of supplies although at many points
there was an increase in weights over 250#.
Sows comprised between 6-9 percent at the
various markets. Price trends were rather un-
even, but generally followed the same pattern
as in the previous week, finishing sharply
higher for the period. In addition to up-
turns in wholesale pork prices, broad shipper
demand at many markets was an important factor
influencing the price advance. Compared with
the previous week's close, barrows and gilts
were 254-$1.00 higher, mostly 500-$1.00 up.
Sows sold 50*-#1.25 higher, largely 75*-1.00 up.








At many markets the greatest upturns were on
butchers over 240#, and sows 400# and heavier.
On closing rounds mixed U. S. No. 1-3,
190-250# barrows and gilts sold at $12.25-
13.50, mainly $12.50-13.50. No. 1 and No. 1
and 2, selected lots, usually averaging 190-
250# and largely sorted for weight and grade
uniformity brought $15.50-13.75 and up to
$14.00 at a few centers. Mixed No. 1-3,
270-550# sows bulked at $9.50-11.50, mainly
$10.00-11.50 and up to $11.75 at St. Louis
National Stock Yards.
Prices on feeder pigs were strong at
Sioux City, steady at Memphis and steady to
500 higher at So. St. Paul. Medium and Good
130-160# feeder pigs at Sioux City sold at
$10.00-11.00, some Medium feeders $9.50.
Good and Choice 120-160# feeder pigs at So.
St. Paul brought $10.00-11.00. At Memphis
Good and Choice 40-100# pigs realized $8.00-
10.00, Medium $5.00-7.00.
HOGS Interior Iowa-Southern Minnesota
Area Hog prices showed the sharpest weekly
advance in more than a year. Receipts were
around 6 percent less than the previous week's
four-year-record supply, but approximately
21 percent more than the corresponding week
last year. Fully 70 percent of the butcher
supply was mixed U. S. No. 1-3 200-240# of-
ferings with around 25 percent heavier weights
of mostly No. 2 and 3 grades. Sows comprised
less than 6 percent of the marketing, where-
as a month earlier they were accounting for
almost 9 percent of the run. Late sales com-
pared with the previous Friday were 85f-$1,00
higher on butchers, 754-1.00 up on sows.
U. S. No. 1-3, 200-240# butchers closed
from $11.85-13.00, bulk $12.00-12.75; limited
No. 1 and 2 selected lots $13.00-13.50. Mix-
ed No. 1-3, 270-400# sows brought $9.75-11.00,
400-550# $8.00-10.00.

SHEEP AND LAMBS Receipts at the 12
markets were around 6 percent above the pre-
vious week, but 24 percent below the corres-
ponding week last year. Prices on slaughter
lambs were 250-$1.00 higher aside from the
steady to 50* lower trend at So. St. Paul.
Slaughter ewes and feeder lambs were steady
to 500 higher. Most mixed Good and Choice
80-115# wooled slaughter lambs sold at $18.00-
19.50. Choice lambs cashed at $19.50-20.00
and at Chicago a few 100-104# lambs $20.75
with a couple packages $21.00. Good and
Choice 80-110# shorn lambs with No. 1 and fall
shorn pelts brought $17.00-18.75, Choice $18.25-
19.00, and up to $20.00 at Indianapolis. Cull
to Choice slaughter ewes sold from $3.00-7.00.
Most Good and Choice 73-85# feeder lambs
brought $18.00-19.50 with only a few sales
above $19.00.
Trading in the Interior lowa-So. Minnesota
area was moderately active during the forepart
of the week at steady prices, but movement


slowed around midweek due to rain and snow and
prices advanced. Late sales on slaughter
lambs were strong to mostly 50* higher, in-
stances 750 up on wooled lambs. Slaughter ewes
were steady. Good and Choice 90-105# wooled
lambs closed at $18.00-19.00 with lots predom-
inately Choice $19.00-19.50. Good and Choice
105-115# wooled lambs realized $17.00-18.50.
Good and Choice 80-100# shorn lambs with No. 1
and fall shorn pelts sold from $17.00-18.00
with some Choice $18.25-18.50. Cull to Choice
wooled slaughter ewes sold from $2.00-5.00.

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 -
Slaughter steers and heifers mostly steady, in-
stances 500 higher; stocker and feeder cattle
and calves steady, instances $1.00 higher;
slaughter lambs fully 500 higher.
Slaughter steers: In California and Ari-
zona, 52 loads Choice 875-1050# $26.75-27.50;
302 loads Good and Choice 1050-1250# $25.00-
26.75, including some strings for up to March
15th delivery; 59 loads 900-1250# high-Stand-
ard to mostly Good $22.75-24.50. Slaughter
heifers: In So. California, 8 loads average-
Choice 800-900# $26.00-26.50; 105 loads 800-
1000# Good and Choice $24.00-25.75; Standard
and Good 700-900# $23.00-24.00.
Load Good and Choice 565# yearling stock
steers $28.00; Good and Choice 575-650# $26.00-
26.50, same grades 775-1000# feeder steers
$24.00-24.50. About 3 loads Good and Choice
300-325# mixed steer and heifer calves in Ne-
vada $28.00.
In California, loadlots Good to mostly
Choice shorn 110-120# slaughter lambs with No.
1 to fall shorn pelts brought $19.00; mixed
Good and Choice 110-120# $18.00. In Utah,
about 15,000 mostly Choice 105-108# wooled
lambs were recently contracted at $19.00-19.25.

COLORADO, SOUTHERN WYOMING, WESTERN
NEBRASKA, AND WESTERN KANSAS Snow storm on
Thursday tended to slow trading on fed cattle
direct at the feedlots in Colorado. Fed steers
sold steady to 250 higher, heifers strong to
400 higher. Twenty-three loads mostly Choice
1100# fed steers $26.50; 53 loads high-Good
to average-Choice 1060-1300# $25.00-26.00,
mostly $25.50 up. Ninety-one loads low to
average-Choice 925-1025# fed heifers $25.65-
26.10; 43 loads high-Good to mostly Choice 900-
1050# $25.00-25.75; 3 loads Standard and Good
1210# $23.50.
Demand for stocker and feeder cattle and
calves good, most sales strong to 50f higher.
Western Kansas: 10 loads Good and Choice 700-
750# feeder steers $24.00; 30 loads 698-1009#








mostly Good $22.15-23.50; near 10 loads Good
and Choice, mostly Good, 650-700# feeder heif-
ers $21.90-22.50. Fed lambs sold 500-$1.00
higher. In Northern Colorado 20 loads Choice
98-108# wooled slaughter lambs $19.15-20.00.
Western Kansas: 20 loads Good and Choice
wooled lambs $19.25-20.00 delivered Denver.
Two cars Medium grade lambs wool sold in West-
ern Kansas at an average price of 42# a pound,
grease basis. In Colorado at least 25,000
selected ewe fleeces have been contracted for
March delivery at 47-510.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Direct
trading on slaughter steers and heifers ac-
tive, 25-500 higher; stockers and feeders
fairly active, strong. Seventy-four loads
Good and low-Choice 875-1100# fed steers $25.00-
24.50; 12 loads high-Good and low-Choice 860-
875# fed heifers $25.50. About 180 Choice
750# feeder steers $24.25; 3,000 Good and
Choice 565-800# stocker and feeder steers $25.00-
26.00, 1,200 Medium and Good 500-575# stockers
$21.50-22.50; 2,000 Good and Choice 525-675#
stocker and feeder heifers $22.00-25.75.
Amarillo Area Direct trade slaughter
steers and heifers active, strong to mostly
500 higher; stockers and feeders active, fully
50# higher. Bulk Good to low-Choice 1100-1150#
fed steers $25.50-24.00; 15 loads Good 700-900#
mixed steers and heifers $24.00-24.75; 52 loads
Good to mostly Choice 800-940# fed heifers
$24.00-24.10, several loads Good to low-Choice
700-900# $25.00-235.75. Good and Choice 700-
900# feeder steers $22.00-25.00; Good and
Choice 550-650# stock steers $24.75-28.00;
Good and Choice feeder heifers $22.00-24.00;


Market

Chicago .......
Cincinnati .....
Denver .........
Fort Worth .....
Indianapolis ...
Kansas City ....
Oklahoma City ..
Omaha ..........
St. Joseph .....
St. Louis NSY .
Sioux City .....
S. St. Paul ....
Total .........
Jan. 9, 1960 ...
4- -


Choice 400-500# stock steer calves $50.00-
55.00; Good and Choice heifer calves $25.00-
27.00; 125 Good 4-year-old stock cows, 70
with calves, $220.00 per cow with calves in-
cluded; 400 Good springer cows $187.50 each.

IDAHO, OREGON AND WASHINGTON Prices
fully steady to strong on all classes of cat-
tle; slaughter lambs 754-$1.00 higher. Good
to average-Choice 1050-1250) slaughter steers
$25.00-26.50; Good and Choice 825-1000# fed
heifers $25.00-24.50. Good and Choice 600-
850# feeder steers $24.00; same grades of
550-725# heifers $21.50-22.00; Good 400-500#
stock calves, steers $25.00-28.00, heifers
$23.00-26.50. Good and Choice 100-115#
wooled slaughter lambs along with shorn of-
ferings with No. 1, 2 and fall pelts $18.00-
20.25, with most Choice lambs $19.50-20.25,
delivered.

MONTANA, NORTHERN WYOMING AND WESTERN
DAKOTAS Trading moderately active with de-
mand fairly good. About 550 Good and Choice
700-825# stocker and feeder steers $24.50-
25.00; 650 head 625-670# heifers $22.75-
25.00; 300 Good and Choice 400-475# stock
steer calves $28.00-28.50, 200 high-Good and
Choice near 400# $50.00-51.00; 300 Good and
Choice 400# heifer calves $25.00-27.00.
Around 1,600 Good and Choice 83-90# wooled
feeder lambs $16.00-17.00, 500 head 80#
$18.00 for February delivery; 1,000 Good
and Choice 90# whiteface ewe lambs $22.50,
delivered California. In Idaho around
100,000 fleece 3/8 and 1/4 blood ewes wool
contracted at 46-51# in the grease for
late February and early March shearing.


WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
7 Cattle T ~ ~ Calvegs :--- --- fHogs Sheep
:~Jan T6:-Jain. I:Jan. T6:Jn. T7:Jan. 16 : Jian 17~:rt J 1n6~: Jan. 17~
: 1960 : 1959 : 1960 : 1959 : 1960 : 1959 : 1960 : 1959
42,774 50,578 409 473 45,926 56,812 12,506 17,857
5,794 35,5381 552 779 15,671 15,951 996 1,056
16,819 15,921 2,570 1,029 7,553 4,752 15,164 22,462
5,948 6,741 1,882 2,449 5,401 2,487 8,604 18,605
8,759 7,027 502 631 42,438 45,501 2,705 5,086
25,523 21,772 1,037 1,325 17,721 16,101 5,227 10,058
10,718 12,104 1,033 1,223 4,574 3,521 1,885 2,180
45,655 44,181 1,484 1,531 60,697 60,852 16,158 21,962
16,558 15,527 467 710 26,274 30,464 5,657 15,150
16,562 15,145 2,196 2,496 76,550 65,920 6,5320 7,222
39,459 52,867 2,950 4,702 64,557 64,876 15,469 10,5392
255399 21,796 10,697 9275 84,890 75_ 545 21.905 16,465
----------------------_ ---4,9-5,4-2,0 1,6
253,768 246,840 25,739 26,623 447,852 458,182 110,596 144,453
217,166 22,461 440,175 105,7533


INTERIOR IOWA AND SOUTHERN MINNESOTA


Jan. 16, 1960
Hogs ..... 455,000
Sheep .... 26,500


Jan. 9, 1960 Jan. 17, 1959
485,000 374,000
52,100 55,900








STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER 1/
: Number o hed Percent of total : Average weight : Average price in
: by grades (pounds) :dollars per 100 lb.
------------ ------- --------- -------- --- --------------------
: Week ended
: Yan.i IT --Jan7 I-:-s"JaEn T4-:-n.J r5 I-s-Jn r4~-J:-J-n_ r5s:-jni r T4- -Jn_
: 1960 : 1959 : 1960 : 1959 : 1960 : 1959 : 1960 : 1959
CHICAGO


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

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

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

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


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


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


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


2,958
18,246
7,550
1,167
68
179
50,128

145
9,219
9,708
684
169
19,925

256
8,041
4,895
462
107
13,759

54
35,296
5,652
547

105
7,614


5
1,139
5,974
1,072

102
6,290


40
2,252
4,492
945
40
7,769


5,268
17,565
9,404
5,513
112
93
33,555

490
7,821
10,501
424
214
19,450

210
6,458
4,451
484
31
11,614
20

2,080
5,264
967
--
107
6,458


29
878
5,002
1,166

49
5,124



1,575
4,431
802
46
6,854


- ------ -
1,547 1,160
1,517 2,5319
50 46
25 --
2,919 3,525


9.7
60.6
25.0
5.9
.2
.6


.7
46.5
48.7
3.4
.9


9.7
51.8
28.0
9.9
.5
.5

OMAHA
2.5
40.2
54.0
2.2
1.1


SIOUX CITY
1.7 1.8
58.5 55.4
55.6 48.3
5.4 4.2
.8 .5


.4 .3
45.5 32.5
47.7 50.7
7.2 15.0
-- 1.7
1.4 1.7

S- t:. tI us Iws.


.0
18.1
63.2
17.1

1.6


.6
17.1
58.6
22.8

.9


s. s- ST.- JsD
.5 "
29.0 25.0
57.8 64.6
12.2 11.7
.5 .7


46.1
52.0
1.0
.9


32.9
65.8
1.5


1,251
1,204
1,121
1,029
1,601
1,052
1,181


1,145
1,171
1,162
1,124
1,062
1,164

1,1753
1,163
1,114
1,095
1,118
1 2145

1,078
1,195
1,119
1,084

1,159
1,150


975
1,094
1,080
1,062

886
1,076


1,164
1,153
1,157
1,055
1,022
1,142


--
1,217
1,155
1,174
949
1,182


1,260
1,202
1,147
1,163
1,563
1,005
1,188

1,165
1,191
1,205
1,168
1,095
1,196

1,178
1,165
1,177
1,1563
1,106
1,169

1,046
1,194
1,094
1,064

1,084
1,122


1,180
1,115
1,098
1,052

955
1,085



1,145
1,168
1,086
1,024
1,152



1,261
1,1553
1,205

1,189


28.29 29.50
26.71 28.05
25.10 26.73
22.62 25.69
22.14 24.27
19.15 22.80
26.50 27.59


27.57 28.59 -
25.65 26.82
25.77 25.04
20.14 25.03
18.04 22.04
24.51 25.76

27.16 E867 T
25.82 27.22
24.01 25.44
21.11 23.43
18.67 22.08
25.01 26.39

28.50 29.25 -
24.85 26.48
25.14 25.28
20.61 25.95

18.12 21.57
25.69 25.46
- -* -. -. -m -. -. -
27.25 29.00
25.64 26.98
23.91 25.84
21.25 24.28

18.10 21.69
23.70 25.69


28.09 --
25.47 26.87
25.55 25.58
20.55 23.84
17.51 21.66
25.77 25.66

-- -

25.26 26.56
23.81 26.04
19.20 23.16
17.27 -"
24.40 26.12


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


Grade








STEERS SOLD OUT OF FIRST HANDS
Nb 1 d A Percent of total


*0 WA %I o ea


Grade


* 1959 1958 :
- -


Prime...........
Choice.........
Good...........
Standard.......
C6mmercial.....
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.......
UOm ercial.....
Utility........
All grades.....

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


118,809
945,315
398,822
60,526
1,266
9,278
1,531,816


6,3793
406,5356
454,652
40,146
8,278
895,811

7,145
323,585
255,983
23,896
6,525
617,154

7153
106,017
146,778
29,949

3,620
287,077


147,728
969,525
378,524
48,176
458
9,824
1,554,055


- 19,052
399,614
381,318
50,817
4,912
855,715

~8,1091
276,137
256,888
26,271
4,745
572,152

649
69,155
137,512
32,814
609
3,598
244,137


Vir T-adce


FOR SLAUGHTER _
SAverage weight Average price in
T( o ) do1llanrsn era T1


CaFlnar year -

1959 : 1958 : 1959 : 1958 :

CHICAGO


7.8
61.6
26.0
5.9
.1
.6


.7
45.4
48.5
4.5
.9


9.5
62.4
24.4
5.1

.6


OMAHA
2.2
46.7
44.6
5.9
.6


SIOUX CITY -
1.2 1.4
52.4 48.3
41.5 44.9
3.9 4.6
1.0 .8


- YNW
.2
37.0
51.1
10.4

1.3


.5
28.3
56.3
13.5
.2
1.4


-- S T L O U I S N S !
- -.%-- ------------ ----


62 271
43,453 46,818
148,035 143,327
52,087 48,593
570
10,499 4,925
254,156 244,502


550 377
145,579 97,232
187,105 175,105
29,787 56,320
1,858 2,78
.64L877 5 77...
------- -- -

95,537 87,5317
72,678 80,781
5,076 35,627
152 236
169,423 171,961


-
17.1
58.5
20.5

4.1


.1
19.2
58.6
19.9
.2
2.0


.1 .1
59.9 51.2
51.3 56.2
8.2 11.6
.5 .



55.2 50.8
42.9 47.0
1.8 2.1
.1 .1


1,255 1,225
1,187 1,166
1,104 1,078
1,041 997
1,435 1,501
1,016 954
1,164 1,144

1,205 1,200


1,165
1,108
1,076
1,028
1,132

1,209
1,160
1,109
1,072
1,041
1,135

1,146
1,142
1,104
1,064

1,060
1,114


1,120
1,088
1,062
1,022

956
1,054


1,127
1,131
1,098
1,065
970
1,108


1,174
1,155
1,074
1,032
1,155


1,158
1,077
1,044
987


1959


29.32
27.85
26.69
24.82
25.16
22.32
27.55

28.22
26.95
25.62
23.06
21.59


1958


28.92
27.42
25.85
25.89
23.55
21.91
27.09

27.76
26.59
24.96
22.99
20.88


1,106 26.11 25.59

1,198 28.24 28.01
1,151 26.88 26.45
1,091 25.69 25.11
1,054 25.40 22.84
1,011 22.01 21,48
1,118 26.24 25.69

1,1353 28.50 27.74
1,110 27.20 26.66
1,086 25.35 24.95
1,051 23.03 22.90
1,399 22.87
1,017 20.54 20.57
1,088 25.77 25.12


1,039
1,070
1,022
965
1,087
879
1,017


1,142
1,101
1,076
.,044
1 798

J-AZ- -

1,148

1,045
965
1,128


28.95 27.86
27.54 26.58
26.06 25.55
24.17 25.27
-- 23.91
21.60 20.79
25.78 25.12


28.51 29.04
26.85 26.50
25.56 25.07
22.84 23.12
21.16 M:67
25.86 25.28



27.32 27.05
26.16 25.79
22.10 22.10
19.53 20.01
26.74 26.55


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


Y .


=


%a&%







STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER AT SEVEN MARKETS COMBINED /


Grade


Prime
Choice
Good
Standard
Com'l1.
Utility
All grades


**
Number of bead :


1959 : 1958
* *-- -


133,658
2,061,842
1,644,051
259,267
1,266
40,190
4,120,274


176,168
1,945,598
1,553,455
246,618
1,678
30,740
5,954,257


- Percent of : Average weight :
total : (pounds) :


Dy grades


- Calendar Year


1959

3.3
50.0
39.9
5.8
.0
1.0


1958
*


4
49
39
6


1959


.5 1,249
.2 1,169
.5 1,1053
.2 1,052
-- 1,455
.8 1,009
1,137


: 1958 :

1,220
1,150
1,077
1,019
1,323
9653
1,115


Average price -
in dollars
per 100 lb.


1959

29.21
27.38
25.92
25.73
23.16
21.71
26.63


: 1958

28.75
26.97
25.29
25.19
23.3355
21.24
26.16


HEIFERS SOLD


OUT OF FIRST HANDS FOR SLAUGHTER AT
CALENDAR YEAR 1959


SEVEr MARKETS COMBINED 1/


: Percent of


: Number of head :


total


: by grades -


: Average : Averase price
: weight : in dollars
: (Pounds) : per 100 lb.


Prime
Choice
Good
Standard
Cor' 1.
Utility
All grades


STEERS AND


Market


Cincinnati......
Indianapolis..,..
Fort Worth.....
Oklahoma City...
Sioux Falls.....


20,483
757,101
659,867
95,492

20,650
1,533,5953


1.3
49.4
41.7
6.2

1.4


1,006
942
897
866

883
919


27.10
26.38
25.14
22.85

20.41
25.60


HEIFERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER AT 5 SPECIFIED MARKETS 1/
CALENDAR YEAR 1959


: r : Average weight Average price
: Number of head : (pounds) w in dollars
: : d per 100 lb.
: Steers : HeiTers :- Steers : iers!:s teers : Heiers -
S45,3537 50,645 1,033 738 25.92 25.24
* 170,297 37,370 1,025 836 26.26 25.42
* 34,288 15,557 961 650 24.79 25.54
31,405 19,131 1,092 822 25.21 25.65
125,524 77,200 1,133 943 25.98 24.75


I/ Data collected by Agricultural Estimates, and Livestock Division, A.M.S.


Grade


:


mome






48
FEEDER AND STOCKER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
- .-- .-.------ ---..----- -------- --------^^ ^ ---- -----17 ."0 ^ ..
a Week4Tan:' oJnn't5' "enee ."o c: Ja.- nt
1960 1960 1959 1959 1958 1959 o 1958
---- u '---------------- 1 576.....-' '- ---897l:-8---
teoers -1 01'up 121 422 124,63164----5-w -- ---- Y ,1
901.1000 2,324 1,557 2,650 7,588 10,526 121,422 124,645
801.900 4,581 3,117 4,154 16,177 13,529 206,073 197,006
701-809 4,929 4,756 4,55338 20,775 14,615 295,225 245,805
501.700 10,812 7,214 11,755 58,685 27,365 620,691 507,259


Total steers 10 mkts.
Av. wts." t"
Av.cost*" "
so "Chicago
t" "Ks. City
Omahoa
S. St. Paul
Sioux City
"t Denver
t Ft. Worth
t" Oklo. City
S. St. Joseph
Not. Stk. Yds.
Total calves-O1 mkts.
* heifers *
Scove


25,077
718#
$23.67
22.99
23.51
24.09
21.10
25.28
23.93
22.10
22.07
25.62
22.54
13,167
5,497
929


17,200 24,0453 86,556 71,724 1290,255 1121,767
734# 725# 752# 765# 724# 755#
$22.68 $27.36 $22.97 $26.33 $26.15 $25.85
25.21 26.49 22.87 25.89 26.52 25.61
22.60 26.06 22.51 25.81 25.61 25.56
23.45 27.95 25.62 27.06 26.90 26.67
21.40 24.99 21.54 25.00 24.56 24.14
25.86 29.96 24.72 27.46 27.74 26.75
24.57 26.67 25.96 27.15 26.22 26.76
22.21 26.63 21.88 26.58 25.56 24.65
21.34 26.51 21.21 26.46 25.12 24.84
21.70 27.52 21.89 26.51 25.82 25.25
21.58 25.43 21.42 24.65 24.79 24.45
8,443 16,492 70,802 63,572 724,170 659,286
2,433 4,045 12,181 14,632 234,784 220,428
690 1,654 7,104 7,495 47,674 51,501


---------------------------------....------------------------------------------------------------------
* Not adjusted for differences in grade of cattle sold at vach market.

ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
t Beet Veal I Pork Ilamb Ttal 'Total
Week s--- ----- _- excl.iard2 : and Mutton...jA Tfla i

L her -btr : ber s :ber: -
1-000 ail.1 b. 1.000 mil.1b. 1 00 mil.1b. 1000 mil.lb.il.lb.il.lb.


Jan. 16, 1960 400 241.6 110 12.5 1,660 228.1 520 16.0 498.0
Jan. 9, 1960 395 236.6 115 12.9 1,695 252.9 540 17.0 499.4 -
Jan. 2, 1960 V
Jan. 17, 1959 2/ 565 221.1 108 11.9 1,425 198.7 557 17.1 448.8 50.0
Percentage change from:
Jan. 9, 1960 1 2 -4 -5 -2 -2 -6 -6 0
Jan. 17.a 1959 10 9 2 5 16 15 -5 -6 1 -1
-- -- ~LAV ageB i ht1 Li1b. Lard
Week $ cattle l Calves I Boga S Sheep yield
ended I- - -l ad- tands iper
:dvre -1revasegs Live Ptre&818 iLip Wead: IdfS. DDe8 .d A100 lb
Jan. 16, 1960 1060 604 200 112 259 157 105 50
Jan. 9, 1960 1060 599 200 112 241 157 105 50
Jan. 2, 1960 1060 599 200 112 237 155 105 50 -
Jan. 17, 1959 1068 609 196 110 243 139 104 51 --14.4-
2J Actual slaughter. j/ Excludes lard. 5/ Not available at this time.


68 609 196 110 243 159 104 51 -14.4
2J Actual slaughter. j/ Excludes lard. 5/ Not available at this time.






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Classification


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


Heifers -
Choice*
Good**
Standard


700-900#
600-800
- All wts.


Cows All weights -
Commercial
Utility
Cutter
Canner

Bulls All weights -
Commercial
Utility

Calves 500# down -
Choice
Good
Standard

Vealers All wts. -
Choice
Good
Standard


CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
: : : : North
-^ -- --- -- -- ---- ^- --- ---- -. -5 -
a Chicago : Kansas City : Omaha Denver : Portland

: Jan. Jan. Jan. Jan. : JaJan. Jan. Jan. Jan, Jan. Jan. Jan.
16 17 16 : 17 16 : 17 : 16 17 16 : 17
: 1960 : 1959 1960 1959 L 1960 1959 1960 ; 1959 : 1960 : 1959

Slaughter cattle. calves and vealers


28.08
28.58
27.08
26.75
25.00
22.20


26.49

21.25


16.62
15.55
14.85)
13.02)


29.98
29.78
28.88
28.40
27.18
25.50


28.12
26.55
24.55


20.12
18.70
17.52


28.50
26.12
26.12
23.50
20.50


25.50
22.62
19.38


17.00
15.70
14.20)
12.52)


21.68 26.40 19.70)
20.68 25.00 19.55


29.65
27.50
25.50


335.00
50.90
28.50


24.00
22.60
19.90


27.50
25.50
21.50


27.95
27.08
25.85
23.50


27.82
25.60
23.25


19.98
18.75
16.78


27.75
27.60
26.538
25.90
25.75
20.25


25.95
23.20
19.75


16.50
14.85
13.52)
12.50)


29.22
29.00
27.95
27.52
25.95
25.62


27.48
25.00
22.88


19.80
18.52
16.55


25.50 19.35 23.78
22.25 19.10 22.50


27.50
26.50
25.00


35.50
31.50
28.00


24.50
23.00
20.50


25.88
25.50
22.50
19.00


25.55
22.35
19.00


16.70
15.55
15.80)
12.75)



19.50


27.50
26.90
25.50
23.00


27.75
25.75
23.00


20.45
19.42
17.00


-

26.75
26.25
25.25
22.50


24.25
23.25
21.25


17.25
16.00
15.62)
11.62)


-

28.50
28.12
27.50
26.00



26.00
24.50


21.00
19.25
17.00


22.42 21.25 25.25
22.80 22.62 25.00


27.25
24.50
21.50


29.00
25.50
21.50


29.60
27.10
24.40


25.75
22.50


51.75
29.25
24.88


-
27.25
25.00


35.00
52.50
27.00


Feeder and stocker cattle and calves


51.50
27.75
25.25


26.35
24.10
20.67


30.32
27.50
25.00


26.50
24.38
20.75


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

Cows All wts. -
Med. & Gd.

Calves 500-500# k
Steers -
Good & Choice


Heifers -
Good & Choice


- -.- 23.50
- -- 19.38


- 16.00


- -- 27.20


- -- 25.00


27.50 24.25 28.00 23.25 27.00 25.25 26.00
25.00 21.00 24.00 21.00 24.50 20.00 23.25


19.25 15.25


34.00 50.25


20.25


- 19.65 15.25


56.00 29.75


31.00 27.00 355.00 26.25


55.88 25.75 51.00


53.58 24.75 28.50


*Weight range t..0-800# in 1959.
** 7Jo-900)g "


Steers -
Choice
Good
Medium


500-800#
500-800
500-1000


27.25
25.00
21.75


50.50
27.02
24.00


26.00
24.00
21.00


29.75
27.75
24.50


24.50
23.50
20.00


26.75
25.25
22.75
























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HOGS: AVERAGE COST. WEIGHT. AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
....--.-........................ --- ........... ................................. ........ ....
Louis Kan- S. S. 8-
Chi. NatI. sas Omha Sioux St. St. Indian- mkts.
Week ended cago Stock City maa City Joseph Paul apolis corn-
Yards bined
... .... ........ -- ---..... ... L -- ---- ---- -- -- -
AVERAGE COST Dollars per 100 pounds
Barrows Jan. 16,1960 12.37 12.60 12.70 12.47 12.56 12.69 12.35 12.72 12.49
and Jan. 9,1960 11.72 11.92 11.92 11.95 11.78 11.89 11.70 12.06 11.86
gilts Jan. 17,1959 16.65 17.05 16.74 16.36 16.15 16.49 16.43 17.17 16.58
Jan. 16,1960 9.79 10.24 9.96 10.29 10.40 10.20 9.84 9.69 10.08
Sows Jan. 9,1960 9.03 9.46 8.94 9.64 9.90 9.51 9.28 8.96 9.55
Jan. 17,1959 13.82 15.85 15.84 13.62 15.49 13.84 15,.96 14,07 13.79.
AVERAGE WEIGHT Pounds
Barrows Jan. 16,1960 238 226 253-" 241 244 229 250 251 234
and Jan. 9,1960 256 224 232 241 243 227 251 229 255
gilts Jan. 17,1959 2359 227 231 247 250 258 240 227 238
Jan. 16,1960 445 403 458 441 445 428 410 457 428
Sows Jan. 9,1960 456 409 429 441 438 411 416 438 431
Jan. 17,l 59 .... 460. .. 18.....- 447 -...44 .....47 .----. 44 -.. .4 5.
NUMBER OF HEAD -
Barrows Jan. 16,1960 35550 68856 16189 52070 56701 23546 70740 56968 560620
and Jan. 9,1960 40917 70057 16165 54951 47470 51922 60005 56500 357987
gilts Jan. 17,1959 46589 56629 15058 53484 58457 26722 63416 38829 359164
Jan:- 16 ff 96-- ---- j6 jj-------------------------------------------------
Jan. 960 584 5709 979 5217 940 1921 4614 292 28887
Sows Jan. 9,1960 5407 6015 1522 5150 3055 2942 43559 3893 32101
Jan. 17j1959 4654 4512 1080 4899 778 157.452A 2.644 ... 75A.
sows Percentage of total.
Jan. 16,1960 9 8 6 9 6 8 6 7 7
Jan. 9,1960 12 8 8 9 6 8 7 10 8
Jan. 171959 9 7 7 8 6 6 6 6 7
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG. COMPARED WITH PRICES OF LIVE HOGS. CHICAGO
. . - - ... : ft o.' : "' s ; :a- . ..-- -
Hog products 1/ : Hog prices / or arn 3/

Jan. 16, 1960 $15.54 $13.00 $2.54
Jan. 9, 1960 14.93 12.38 2.55
Jan. 17 1959 19.26 17.28.. .... ........
1/ Value of all edible products, fresh basis (lard rendered) in 100 lb. of live hog com-
puted from wholesale prices on carlot basis, Chicago, reported by National Provisioner
daily market report.
2/ Mean of daily quotations on U. S. No. 1, 2 and 3 hogs, 200-220f wt. Chicago.
_/ Difference between wholesale product value and hog prices.
HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
------------------------- --------------------------------------------------------
Barrows and Corn. Hog-corn
Week ended gilts No. 3, yelow price ratio
Dollars per Cents per based on
100 pounds bushel : barrows and gilts
Jan. 16, 1960 12.37 113.6 10.9
Jan. 9, 1960 11.72 113.9 10.5
Jan. 17, 1959 16.68 116.5 14.5
1/ Simple average price.





*
: : : :North
_,~ ~ *- *.:, Kansas : Fort *., :ni
Classification Chicago. -maha : F Denver KOgden Port-
: : City : Worth : O lae
land
S .


SI


DAUGHTER LAMBS: (Wooled)
Choice Jan. 16, 1960
Jan. 17, 1959
Good Jan. 1, 1960
Jan. 17, 1959


-J


EWES: (Wooled) All wts.
Good & Jan 16, 1960
Choice Jan. 17, 1959
Cull & Jan. 16,1960 -
Utility Jan. 17, 1959
FEEDER LAMBS All wts. -
Good & Jan. 16, 1960
Choice Jan. 17, 1959
*Shorn basis.


All
19.
L8.
L8.
L7.

6.
6.
56
6.


wts.
80 19.22
72 18.55
Z68 18.48.
75 17.78

45 5.50
50 7.75
.82 4.127
50 6.25

-- 17.55
-- 19.75


19.58
18.75
18i.55
18.20

5.50
6.75
4.50
5.50


17.38
17.50
17.25
16.80


19.60
19.15
1i8.98-
18.52


-- 5.75
7.88
6.50* 4.25
-- 6.00


- 16.25
-- 17.55


18.88
19.25


18.70 18.88
18.58 19.22*
17.88 18.06
17.70 18.50*

4.75 5.50
7.00 8.25
3.00 4.00
4.75 5.50

-- 16.00
-- 17.50


LIVESTOCK PRICES AT CHICAGO COMPARED WITH WHOLESALE AND COMPOSITE RETAIL
MEAT PRICES AND WHOLESALE AND RETAIL MEAT VALUES AT NEW YORK


m a m m m m m m e m m e m ma m bs
Steers Eb :
: Dec. : Nov. : Dec. 7 Dec. : Nov. : Dec. : Dec. :
-------:- --1959 1959:1958 1959 : 1959 : 1958 :1959 :
----------------- Dollars per 100 pounds
Live animal prices
Chicago /l......... 26.50 27.26 28.54: 17.84 19.26 19.81: 11.97
Wholesale meat prices,
NewYork /........ 46.19 46.18 46.04: 40.50 42.29 44.56: -
Cents per pound
Composite retail meat
prices,New York 5/. 77.57 75.87 79.83: 64.88 64.98 70.335: --


Hop_
Nov.
1959


: Dec.
: 1958


12.88 18.44


Value of carcass meat from 100# live animal (Dollars)
Wholesale-New York 4/ 27.71 27.71 27.62: 19.75 20.72 21.85: 17.52 18.55 23.17
Retail New York f 36.46 35.66 57.52: 30.62 30.67 33.20: 24.04 24.45 51.06
-----------------------------------------------
1 Av. Choice and Prime steers, 900-1100 lb., Choice lambs, and U. S. No. 1, 2 and
5, 220-240# hogs. j/ Av. Choice and Prime steer beef, 600-800 lb., and Choice and
Prime lamb. Y/ Composite av. of semi-monthly retail quotations on various cuts
(incl. lard) combined in proportion to their respective yields from live weight. 4/
60 lb. of beef carcass, 49 lb. of lamb carcass and 60.45 lb. of principal hog products
consisting of smoked, skinned hams, bacon, picnics, fresh loins, Boston butts, spare-
ribs, and carton lard combined in proportion to their respective yields from live
weight. 5/ 47.0 lb. of beef cuts, 47.2 lb. of lamb cuts and 58.56 lb. of principal
hog products, incl. lard.


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








WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEWS

EASTERN SEABOARD Demand for fresh
meats was broad for the second consecutive
week, and prices generally were on a steady
to higher basis. However, weakness developed
on closing sessions, notably for some lamb
and steer beef. Fully normal supplies of
fresh pork cleared well, as pork moved best
at Eastern Seaboard markets. At some points
where fresh receipts of pork loins were in-
sufficient for outlet, a fairly large volume
of loins was withdrawn from freezers. Veal
and calf receipts were moderate, and clearance
was good for the most part. Steer carcasses
750# down found best demand, and a strong
preference was indicated for leanness in the
purchase of primal cuts. The lull in demand
at the close, mainly affected carcasses above
750#. At New York, demand was fairly good
for beef hindquarters late in the week but
rather poor for ribs and chucks which failed
to clear. However, clearance was fairly com-
plete at other markets. Trading on lamb was
fairly active, with good clearance. Fully
normal receipts at New York included a more
liberal portion of 50-70# carcasses and out-
let for such kinds narrowed at midweek and
thereafter, resulting in declines and a small
carryover of carcasses over 60#.
Compared with the previous week: Steer
beef steady to $1.50 higher with bulk sales at
New York 50# higher and at Washington and Phil-
adelphia $1.00 higher. Cow beef sold strong
to $1.50 higher. Veal and calf prices were
fully $1.00 higher at New York, strong to
$4.00 higher at Philadelphia, fully steady to
strong, instances $1.00 higher at Baltimore,
and steady to $2.00 higher at Washington.
Lamb prices advanced $1.00-2.00 at Philadelphia
and Washington, and were strong to $3.00 higher
at Baltimore. Lamb under 50# closed steady
at New York, but carcasses over 50# were
steady to $1.00 lower. Late sales on pork
loins were $1.00-4.00 higher for the week with
other fresh pork cuts steady to $3.00 higher
at most points.

CHICAGO Supplies of steer and heifer
beef, lamb and fresh pork were moderate with
receipts of veal small, particularly Choice
and Prime. Trading was moderately active on
steer and heifer beef with best demand center-
ing on steer carcasses under 700# and heifer
400-600#. All interests were aggressive for
beef rounds, but demand was rather poor for
other primal beef cuts except chucks which met
broad outlet at the close. Veal trading was
fairly active and carcasses grading Choice and
Prime were insufficient for trade requirements.
Moderate demand locally for carcass lamb, best


movement in shipping channels. Stews and
shoulders quickly absorbed as buyers concen-
trated on fore-end lamb cuts. Fairly active
fresh pork trade through midweek slowed with
early upturns on 8-12# loins lost at the
close. Compared to the previous Friday:
Steer and heifer beef 50#-$1.00 higher, cow
beef $1.00 lower, veal strong to $1.00 higher,
pork loins 8-16# steady to $1.50 higher, Bos-
ton butts 4-8# and spareribs 5# down 50#-
$1.50 higher.

PACIFIC COAST Choice steer beef was
in rather small supply, while other grades of
steer beef were somewhat more liberal but
not excessive. Cow beef was slightly lib-
eral at Los Angeles but limited at Portland
with trading fairly active. Calf and veal
was moderate. Lamb supply was moderate but
adequate for a fairly good demand while fresh
and cured pork cuts were adequate for a fair
demand. For the week: Choice steer beef
steady to 50f lower at Los Angeles but $1.00
higher at San Francisco, Standard and Good
steady to $1.00 higher at San Francisco but
$1.00 lower at Los Angeles; cow beef steady
to $3.00 lower, the decline at Los Angeles;
calf and veal about steady; lamb largely $1.00-
3.00 higher except $1.00 lower at Los Angeles;
fresh pork loins unevenly steady to $3.00
higher at San Francisco and $2.00 lower in
the Pacific Northwest; other fresh pork steady
to $1.00 higher; smoked skinned hams steady
to $2.00 lower; the decline at San Francisco;
sliced bacon steady to $4.00 higher; lard
steady.

CARLOT MEAT TRADE REVIEW

Trading was moderately active on carlots
of fresh meats at most centers with price
trends rather uneven. Prices on steer and
heifer beef showed a general advance for the
second straight week and at Chicago upturns
were recorded for the fourth consecutive week.
Compared with previous week's close, steer
carcasses sold 50#-$1.00 higher at Chicago,
$1.00-1.50 higher at Omaha and $1.00-2.00
higher at New York and Philadelphia. At Denver,
steer carcasses 800# down closed $1.00-1.50
higher, over 800# steady. Heifer beef sold
500-$1.00 higher at Chicago, $1.00-1.50 higher
at Omaha, steady to mostly 50# higher at Den-
ver and strong to $2.00 up at Philadelphia.
Cow beef closed 50#-$1.50 lower, Lamb sold
steady to 500 higher at Omaha and steady
to $1.00 up at Chicago and Denver. At New
York and Philadelphia lamb carcasses 35-50#
closed mainly $1.00-2.00 higher with carcasses
over 50# steady at New York and unevenly steady
to $2.00 higher at Philadelphia.












Classifica


Steer beef -
Prime
Choice

Good


Standard.
Heifer beef -
Choice

Good

Veal -
Prime
Choice
Good

Lamb -
Prime
Choice
Good


Fresh pork -
Loins


Butts


WHOLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS
Weekly average of daily quotations in dollars per 100 pounds
New York Chicago San Francisco Los Angeles
tion : Jan. : Jan. : Jan. : Jann..: Jan. Ja a Jan.
: 16 : 17 : 16 s 17 : 16 : 17 : 16 : 17
1960 : 1959 : 1960 : 1959 : 1960 : 1959 : 1960 : 1959


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

500-600#
600-700
500-600


90-120#
90-120
90-120


45-55#
45-55
55-65


8-12#
12-16
4-8


48.00
45.75
44.25

45.75
44.25


65.50
55.00
49.00


45.50
41.85
39.50


59.25
36.55
32.20


48.25
48.00
46.50

45.25
45.75
--


65.50
54.50
52.00


44.40
43.20
41.30


47.90
46.10
38.50


44.88
43.50
42.12
41.88
41.88
58.50

44.00
45.50
40.75


57.00
52.50
46.70



40.50
38.00


58.25
56.75
29.19


47.00
46.50
45.00
43.62
43.62
43.62
42.50


59.00
53.50
50.75


42.62
41.62
37.00


45.00
42.06
34.88


44.00
42.50
44.00
43.50
41.25
59.50

42.50






55.00



40.25
40.00


41.25
58.00
56.00


48.00
46.50
48.50
47.50
46.00
45.00


58.00


41.50
40.50
41.00


51.50
49.00
40.00


43.94
42.00

435.12
41.25
40.00

44.00
41.25
41.75


41.00
41.00
39.00


40.88
40.88
55.12


48.50
46.50

47.50
46.00
46.00


43.00
43.00
40.00


48.58
48.12
40.58


Cured pork -
Hams, sink. skd. -(Cook
before eating) 12-16# 59.50 52.80 46.50 54.00 50.00 56.00 45.50 52.50
Bacon, smoked, sliced -
1# package (box lots) 553.00 46.50 40.25 53.00 39.00 52.00 42.50 52.50
Picnics, smoked -(Cook
before eating) 4-8# 29.50 553.00 32.00 36.00 50.00 54.00 29.58 37.88
Lard, 1# carton 12.50 14.50 11.50 13.00 15.50 19.00 13.75 16.00
oEeT7 Prices at Hew York exclude lo-cally dressd-fresh- meats. Variation In prices in some cure d
pork cuts between Chicago and New York due in part to differences in processing and packaging.
BULK PRICES CARLOT BASIS WEEK ENDED JAN. 15, 1960
- -' ~-!----51 ~ Prcesp iai3 -- ----- -..- Mr~ces (dleiverid7
Classification rcs-ie ... .cs-l-r e
Chicago : Denver : Omaha : New York : P7iladelp i
tChoie 600-700# 43.00-43.50 41.50-42.50 42.25-42.50 44.50-45.50 44.50-45.50
Choice 600-700# 45.00-45.50 41.50-42.50 42.25-42.50 44.50-45.50 44.50-45.50


Good


Heifer beef -
Choice

Good


700-800
300-900
500-600
300-700
700-800

500-600#
300-700
500-600
300-700


42.00-42.50
40.00-41.00
40.00-41.00
40.00-41.00
59.50-40.50

42.50-45.50
42.00-43.00
38.50-59.50
38.50-39.50


41.00-41.50
38.00-59.00


42.00-42.50
41.00-41.50

59.00-39.50


41.25-41.75
59.75-40.00

39.00-59.50
38.75-39.00

42.00-42.50
41.50-42.00
38.50-59.00
38.50-39.00


45.50-44.50
42.00-42.50
42.00-42.50
41.50-42.50
40.00-42.00


45.50-44.50
42.00-45.00
41.00-42.50
40.50-42.50
40.00-42.00


42.50-45.00


Lamb -
Choice 55-45# 40.00-41.00 37.50-39.50 57.75-59.25 42.00-44.00 42.00-42.50
45-55 38.00-59.00 36.50-57.50 56.25-37.25 39.00-41.00 39.50-40.00
55-65 56.00-37.00 34.75-35.75 37.00-40.00 38.00-58.50
- --------------------------------------------------------------------







BOSTON WOOL MARKET REVIEW


Trading in the Boston wool market was
moderately active. Most sales were on
woolen and worsted type pulled wools with
some movement of domestic fleece wools.
Lambs wool, bulk 62/64s was contracted in
California, Montana,Wyoming, Utah, Texas
and Colorado at strong prices.
The Sydney and Perth markets opened
weak but later advanced to December closing
prices. The New Zealand market opened
January 15 with prices generally 20 below
the holiday closing. Principal buyers were
from Bradford and the Continent. Montevideo
wools were offered at approximately steady
prices.
Trading on carpet wools continued
slow with prices strong on both the New
Zealand and Liverpool markets.
Fleece Wools Medium lambs wool sold
in the midwest at 450. Four cars of fleece
wools, 5/8s and quarter-blood brought an
estimated clean price of $1.12. About
140,000# of fleece wools brought $1.07
clean.
Mohair No sales of mohair confirmed.
Foreign Wools Quotes follow. Comb-
ing wools converted to clean U. S. oil-
combed yields and short wools to scouring
yields in bond.

Australia
Oil-combed


72B -
72AB-
75 -
77B -
78 -
78B -


$1.19
1.18
1.16
1.25
1.25
1.22


79
79B
80
452
455
454


$1.18
1.18
1.16
1.15
1.07
1.04


New Zealand
Oil-combed


Montevideo Super Skirted
(Clean basis)


60/64s -
60s -
60/588 -


$1.10
1.05
1.01


58/56s $.98
56/50s .97


Carpet Wools Offerings for ship-
ment, clean fIbers present follow:
New Zealand Carpet fleece 87-880,
128 early shorn 860, 128 second shear-
ing 850, carpet bellies 84#, carpet
crutchings 800. Buenos Aires Novem-
ber second clip 56/40s 86-88, lambs
85#.
Woolen Wbols Sales follow:

Scoured Pulled Domestic


56/58S
50s
64/62s
58s
58s


2-2- white
5-53n It.stain
2-5"
2-5" ch. white
1i-2" white


$1.18
1.05
1.56
1.16
1.12


Scoured Pulled Foreign

N. Z. 50/56s 2-4" slipes
N. Z. 56/58s 2-5" slipes
Greasy Pulled Domestic
(Clean basis)
58/60s 2--5" $1-.
56s light stain 1.
Scoured Shorn Foreign


Aust. 64s
N. Z. 50/56s


lambs
lambs


$1.25
1.25


L7
L2


$1.59
1.16


Scoured Shorn Domestic
56/58s lambs $.95
Domestic Pulled Combing
58s 5" and up $1.25


95
854
100
114
128


$.94
.95
.92
.88
.88


South Africa


Oil-combed

7 $1.15
8 1.15
7 1.15
18 1.15


Scoured yields


22 -
27 -
32 -


$1.10
1.09
1.04


Noils
Aust. 64s nobles
Dom. 64s nobles
N.Z. cross-bred"


$.90
.90
.85


Wool Tops The market was quiet
with demand for quarter-blood tops con-
tinuing.

CLOSING FUTURES QUOTATIONS Jan. 14,
1960 (Furnished by the Wool Assoc. of
the New York Cotton Exchange)
Mar. Wool Tops --$1.598 Mar.Wool $1.260
May Wool Tops 1.615 May Wool 1.275






COLD STORAGE HOLDINGS OF MEATS AND LARD, DECEMBER 31, 1959

Warehouse holdings of red meats increased 66 million pounds during December
1959. This was 50 percent larger than a year earlier but only two-thirds of the
average net gain. Holdings amounted to 543 million pounds on January 1. These
stocks were 17 percent above holdings on the same date last year, but 6 percent
below average. A net gain of 24 million pounds brought beef holdings on Janu-
ary 1 to 201 million. A year earlier 174 million pounds were in storage while
average holdings are 189 million. A 38 million-pound net gain in pork stocks
during December, compares with 22 million pounds a year earlier and the average
of 61 million. Pork stocks totaled 262 million pounds on January 1. Although
16 percent below average these stocks were 27 percent above January 1, 1959.
Frozen ham stocks reduced by 10 million pounds during December, totaled 28 mil-
lion on January 1. Holdings of frozen picnics totaled nearly 9 million pounds
on January 1--up about 2 million from a month earlier. A net gain of 31 million
pounds brought stocks of frozen pork bellies to 73 million on January 1.



UNITED STATES STORAGE HOLDINGS OF MEATS AND LARD, DEC. 51, 1959 WITH COMPARISONS
(Includes holdings in public, private and semi-private
cold storage houses and meat packing plants)
SDecember : : :
Commodity 1954-58 : December : November : December
C. a4 : 1958 : 1959 1959
----------------1 -av -:------------ -- -.----
1,000 lb. 1,000 lb. 1,000 lb. 1,000 lb.
Beef:
Frozen. . .. 178,872 160,876 166,761 190,014
In cure and cured 9,964 135,024 10,460 10,944
Total . 188,836 175,900 177,221 200,958
Pork, frozen:
Picnics . / 8,239 7,335 8,924
Hams. . 25,194 38,596 28,357
Bellies . 45,873 42,595 73,238
Other frozen pork cuts. 77,145 85,302 106,429
Total . 254,370 154,451 173,626 216,928
Pork in cure or cured:
Dry salt bellies. I 11,555 9,036 9,855
Other dry salt pork / 8,385 6,582 7,041
Other pork cuts . /2,023 34,586 27,981
Total . 75,535 51,963 50,204 44,877
Total pork . 509,925 206,414 223,850 261,805
Other meats, and meat products:
Veal, frozen. . 17,803 15,755 8,915 10,119
Lamb and mutton, frozen 9,266 9,189 12,624 14,780
Canned meats in cooler. 51,149 57,138 54,5308 55,414
Total all meats 576,979 462,596 476,896 543,076
Lard, rendered and refined 2/ 111,5345 92,763 92,100 4/
GOVERNMENT HOLDINGS V/ -
Pork. . 7,051 5,557 1,991 1,885
Beef. .. . 12,591 2,555 1,365 1,5382

j_/Not reported separately prior to 1957. 2/ In dry and cold storage as reported
by Bureau of Census. 3/ Government holdings are included in the totals and consist
of reported stocks held by U.S.D.A., the Armed Services and other Government agencies.
4/ Not available.







CATTLE AND CALVES ON FEED JANUARY 1, 1960


On January 1, 1960, an estimated 7,198,000
head of cattle and calves were on feed for market
in 26 feeding States, according to the Crop Re-
porting Board. This number, a record high, was
an increase of 9 percent from the 6,627,000 head
on feed in these States January 1, 1959 and was
up seasonally from the 5,001,000 head on feed
October 1, 1959. An additional 366,000 head of
cattle and calves were on feed for market in 11
Southeastern States January 1 this year- the
first time number on feed data have been avail-
able for these Southeastern States.
The number of cattle and calves on feed in
the North Central States January 1 this year
totaled 4,911,000 head compared with 4,677,000
head a year earlier-a 5 percent increase. Feed-
ing in the leading States of Iowa, Illinois, and
Nebraska was up 6 percent, 7 percent, and 4 per-
cent respectively. Other increases ranged from
2 percent in Missouri and Ohio to 28 percent in
Kansas. Indiana and South Dakota showed fewer
cattle on feed compared with January 1 last year.
Cattle on feed January 1, 1960 in 11 Western
States amounted to 1,896,000 head, 16 percent
more than the 1,636,000 head on feed January 1,
1959. All Western States except Montana, Idaho,
and Utah showed more cattle on feed than a year
earlier. California, the leading Western State,
was up 32 percent and second ranking State,
Colorado, was up 14 percent.
Marketings of fed cattle and calves from
the 21 States, for which comparable quarterly
data are available, were 7 percent larger during
the October-December quarter of 1959 compared
with a year earlier. In the North Central States
marketing were up 8 percent and in 6 Western
States, 3 percent larger.
Beef steers and heifers (Prime, Choice,and
Good grades) sold out of first hands for slaugh-
ter during October, November, and December at 12
important markets were 3 percent above the same
period in 1958. The number of steers marketed
were down 1 percent but heifer'marketings were
up 19 percent. These sales data do not include
direct sales to packing plants, mixed lots of
steers and heifers, or some deliveries bought
on prior contracts.
The number of cattle and calves placed on
feed during the last quarter of 1959 was 1 per-
cent less than during the same period a year
earlier. Shipments of stocker and feeder cattle
into 9 Corn Belt States (for which data are
available) during October and November 1959 were
down 1 percent from the same period in 1958--10
percent smaller in October, but 13 percent
larger in November.


A breakdown of January 1 numbers on
feed in 21 States by weight group indicates
a substantial increase from a year earlier in
the number of cattle weighing over 900 pounds.
The number weighing over 900 pounds totaled
1,840,000 head--up 262,000 head or 17 percent
from January 1 a year earlier. The number
weighing less than 900 pounds at 5,031,000
head was up 285,000 head or 6 percent.
Of the number of cattle on feed Jan. 1,
69 percent were steers and steer calves, 29
percent were heifers and heifer calves, and 1
percent were cows and other. For 21 States
with comparable data, 70 percent were steers
and steer calves compared with 71 percent a
year earlier. Heifers and heifer calves ac-
counted for 29 percent this year and 28 per-
cent a year earlier.

In the 26 States, 71 percent of the cat-
tle on feed January 1, 1960 had been on feed
less than 3 months, 24 percent had been on feed
from 3 6 months, and 5 percent had been on
feed more than 6 months. For the 21 States
with comparable data available, the number of
cattle on feed less than 3 months this Jan. 1
was about the same as a year earlier, but the
number on feed 3 6 months was up 36 percent,
and the number on feed more than 6 months was
up 39 percent. As a percent of total cattle
on feed January 1 for the 21 States, the
number on feed less than 3 months was 71 per-
cent; 3 6 months, 24 percent; and more than
6 months, 5 percent. Last year 77 percent
were on feed less than 3 months; 19 percent,
3 6 months; and 4 percent were on feed more
than 6 months.
Cattle feeders reported that of the cattle
and calves on feed January 1 in 26 States they
expect to market 3,313,000 head in January,
February, and March. If intentions are carried
out marketing for this quarter would be 13
percent above the number marketed from the
January 1 inventory during the same three-month
period last year for the 21 States having com-
parable data.
Actual marketing accounted for 95 percent
of January-March intentions in 1956, 103 per-
cent in 1957, 105 percent in 1958, and 97
percent in 1959.
Beginning with this report, quarterly data
on numbers on feed, marketing, and placements
are included for 5 States in addition to the 21
States formerly included.
Estimates of cattle and calves on feed
January 1 for 11 Southeastern States are avail-
able for the first time in this report.









Cattle and calves on feed, October 1, 1958 January 1, 1960, with Comparisons i/


Jan. 1 : April 1
1959 : 1959


1,000 1,000
head head


July 1 : Oct. 1
1959 : 1959


1,000 1,000
head head


Jan. 1 :
1960 :


1,000
head


Jan. 1, 1960
as percent
of Jan. 1
1959


Percent


Pennsylvania..: 84 49 _7 ___69__ 20 8 _108_


Ohio..........: 175
Indiana .......: 289
Illinois ......: 633
Micbigan ......: 114
Wisconsin.....: 110


90
118
372
53
---- 255-


Minnesota.....: 343 205
Iowa..........: 1,218 911
Missouri......: 262 147
North Dakota..: 93 45
South Dakota..: 226 155
Nebraska......: 576 443
Kansas........:__ 192 208
North Central:
States :_ 4,230_ _2802_


190
255
643
110
--- A -


172
228
628
108
__92-


400 402
1,4a5 1,446
292 275
114 91
269 250
637 688
. 222 22 -


118
180
481
80
66

336
1,260
204
68
203
520
--- _17


103
137
409
64
- 6-- 6

250
1,029
181
58
150
540
225 _


- 4,71 ,59 3.613_


Oklahoma...... :
Texas.........:


Montana.......: 59
Idaho .........: 126
Wyoming / ....: 32
Colorado......: 250
New Mexico $.: 32
Arizona .......: 181
Utah ..........: 56
Nevada / ..... : 27
Washington 2/.: 42
Oregon / /..... 35
California.... 440
Western
States :_ 1,280

Virginia /...:
No. Carolina 3/:
So. Carolina 3./
Georgia 3/.....
Florida 3/....:
Kentucky 3/...:
Tennessee 3..
Alabama Y/....
Mississippi 3/:
Arkansas ./...:
Louisiana 3/.. :
S.Atl. & S. :
Cent. States :

21 States / :_5,626

26 States 5/..: 5,794


32 65
85 149
45
264 338
52
135 210
33 67
31
110
65
489 504

-1,636


40
116

318

187
44


-1 2


26 27
74 90
20
298 303
37
193 205
31 37
16
90
49
648 636


63
138
55
385
56
265
55
35
115
66
66


- ,10 1,896


97
93
122
114
108
126
82
113
105
101
132_ _
116 _


23
26
16
55
46
50
42
40
25
23
20

---------------------------------266--

4pO22 6,324 5,939 _5 169 4,789 6,871

6,627 5,001 7,198


___1Oq__
109


United States. 7,564
i/ Estimates include only cattle being fattened for market as a more or less distinct agricultural enter-
prise, and excludes small operations incidental to dairy and general farming. Cattle thus fed are
presumed to produce carcasses that will grade good or better.
2/ Data for October 1, 1958, April 1 and July 1, 1959, are not available.
./ Data for 1954-58 January 1 average, October 1, 1958 and January 1, April 1 and July 1, 1959 are not
available.
4/ Includes 12 North Central States, Pennsylvania, Oklahoma, Texas, Montana, Idaho, Colorado, Utah,
Arizona and California.
V/ Includes 21 States in 4/ and Wyoming, New Mexico, Nevada, Washington and Oregon.


State


: Jan. 1
: Average
: 1954-58

: 1,000
head


Oct. 1 :
1958 :
*


1,000
head


194
224
688
130
121


102
88
107
118
_107_


416
1,510
298
125
247
665
- 29 --


104
106
102
110
92
104
128


S_ 1,_ -"105_ _


21


102
88
107
118
_107 _


416
1,510
298
125
247
665
- 29 --


o104
106
102
110
92
104
128


21 -A"105 _




UNIVERSITY OF FLORIDA
3 1262 08735 716IM
3 1262 08735 7116


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


Postage and fees paid
U. S. Department of Agriculture


OFFICIAL BUSINESS

Form AMS-1/19/60
Permit 1001.


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


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