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:
AA00008493:00130

Related Items

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


This item is only available as the following downloads:


Full Text






MEAT


WOOL


WEEKLY SUMMARY

AND STATISTICS

- L I


LIVESTOCK DIVISION, A$RICULTURAL RKETING SERVICE
U.S. DEPARTMENT iOF AGRI, LTURE
WASHINGTON 25, 0.. q


Vol. 28, No. 16


April 19, 1960


Week ended


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

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

Wholesale Meat Trade Reviews . .
Wholesale Dressed Meat Prices . .
Wool Market Review . *
Special to this issue
Livestock Prices and Composite Meat Values, March 1960 .
Meat and Meat Food Products Processed and Canned under
Federal Inspection, Feb. 28-Mar. 26, 1960 .
Storage Holdings of Meats and Lard, Mar. 31, 1960 .
Cattle and Calves on Feed Apr. 1, 1960 . .
Federally Inspected Slaughter, by Regions, March 1960. .


Page
294
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305

307
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512


I2*l-aI






MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Cattle marketing in the midwest were
among the smallest for any full week in recent
years. Receipts of hogs were 4 percent above
the previous week but 5 percent below a year
ago, and the volume of sheep and lambs was
unchanged for the week but was 11% below last
year. The week's trend on slaughter steers
and heifers was unevenly steady to $1.00
higher, large share 25-75f up. Barrows and
gilts closed 25-500 higher over most of the
area. Slaughter lamb prices were uneven but
were generally steady to 500 lower.

SLAUGHTER CATTLE AND CALVES The small-
est cattle numbers of the year to date moved
through the 12 markets during Easter week as
receipts at one or two points fell to the low-
est levels in several years. Chicago receipts
were down fully 11 percent and the smallest
in five years, while arrivals in Omaha fell
15 percent and stood among the smallest for
any week since July, 1953. This was reflected
in the number of beef steers sold out of first
hands at the 7 markets which was the smallest
since early April 1958 and was among the small-
est of record. Among the several factors re-
sponsible for very small receipts, the advent
of religious holidays and curtailed slaughter-
ing schedules figured most prominently. Large-
ly owing to non-slaughtering Jewish holidays,
finishers held back shipments of Prime steers.
As a result, the 5 percent Prime steers in
Chicago was only half as large as the previous
week and the smallest since last July. A de-
cline of 22# in the average weight of steers
sold in Chicago, the sharpest drop from one
week to the next in over a year, also attested
to the reduction in the percentage of Prime as
well as Choice steers. Cattle prices advanced,
but it was due to extremely small supplies.
Slaughter steers sold steady to $1.00 higher,
mostly 25-750 higher, while most heifers closed
steady to 50# higher. An exception at St. Louis
National Stock Yards where numbers of Utility
and Standard steers and heifers showed a sharp
increase and such cattle sold steady to 500
lower. Cows sold steady to 500 lower at Chi-
cago and 50f off at So. St. Paul but were
steady to 500 higher at other points. Bulls
sold steady at the majority of markets. Vealers
declined $1.00 in St. Louis National Stock Yards
and $1.00-2.00 in So. St. Paul. Good to average-
Choice steers and heifers formed the bulk of
12 market cattle supplies, the sharp drop in
the percentage of steers marketed in Chicago fed
longer than six months illustrated by the fact
that average selling price of all steers fell
nearly 40# in a strong to mostly 50# higher
trade.
Choice steers bulked at $26.50-28.50 at
markets outside Chicago, Prime reaching $31.00


in Sioux City while the peak price of $30.55
in Omaha was a high since last June at that
point. In Chicago, Choice steers bulked at
$27.00-29.50, most high-Choice and mixed Choice
and Prime $29.50-31.50 with nine loads Prime
1150-1275# steers $32.00-533.50. Bulk Good
steers over the area $24.00-26.50. A few
Prime 1068# heifers at Chicago $29.00, how-
ever, Prime and high-Choice heifers proved
extremely scarce. At most markets Choice heif-
ers bulked at $25.75-27.75, Good largely $22.50-
25.50. Utility and Commercial cows $15.50-
18.50, Canners and Cutters largely $13.00-
16.75.

STOCKER AND FEEDER CATTLE AND CALVES -
Stocker and feeder cattle and calf receipts
at terminal markets were seasonally moderate
with a large percentage of the over-all sup-
plies consisting of 450-750# steers. Good
and Choice yearlings predominated while Choice
400-450# calves were relatively scarce. Feeder
steers over 800# were in smaller supply than
the previous week and, due chiefly to aggressive
competition from slaughter cattle buyers, a
smaller percent of the fleshy 950-1050# two-
way steers were purchased for further feeding
than was the case the week previous. Farmers
in some areas were two to three weeks behind
in their spring field work and, with rapidly
improving weather and soil conditions, many
were busy in the fields and some potential buy-
ers as a result stayed off the markets. Even
so, outlet generally was more than adequate to
absorb the numbers offered as above average
spring pasture prospects, abundant supplies of
feeds, and fairly high price levels for slaugh-
ter cattle all were factors encouraging a wide-
spread demand. In fairly active trading, prices
generally were steady to 500 higher. Principal
exceptions to the stronger trend occurred at
Kansas City where 500-775# steers and heifers
sold weak to 500 lower and at Oklahoma City
where sales were 504-$1.00 lower. Declines at
the latter two markets reflected an adjustment
to bring prices more in line with other markets
and probably to some extent other temporary
local conditions rather than a significant de-
parture from the good demand which has generally
been developing with the start of a new grazing
season.
Good and Choice 550-775# yearling steers
sold largely from $25.00-29.25; few loads Choice
500-575# $30.00-31.00. At Sioux City Choice
649# steers brought $50.00 and three loads
Choice 612# reached $32.00. Medium to low-
Good stockers ranged $22.00-26.00. Good and
Choice 800-1050# feeders sold chiefly from
$24.00-26.50, few 775-850# $27.00-27.50. Me-
dium to low-Good feeders sold from $20.00-
24.00, including some mostly low-Good at $22.50.








Good and Choice yearling heifers ranged
$22.00-27.25 with weight continuing to be an
important price determining factor. Good and
Choice steer calves sold from $26.00-34.00,
majority $28.00-52.00. Same grades heifer
calves brought $23.00-30.00. Medium and Good
stock cows sold from $15.00-19.00, few up to
$20.00.

HOGS Terminal Markets Price trends
fluctuated somewhat during the week but in
general, trading was fairly active under good
demand, particularly to shippers, and closing
prices were largely 25-500 higher than on
the previous Friday. This the 15th consecu-
tive week of price advances at Chicago. Up-
turns on pork loins in the carlot meat trade
a bearish influence in the live trading. Re-
ceipts at the 12 markets were 13 percent above
the previous week but were 10 percent below
the corresponding week last year. Receipts
were unevenly distributed between markets. In
some areas such as Sioux City where high water
had recently subsided, farmers were unable
to get into the fields and hog marketing in-
creased 60 percent for the week. However,
at Indianapolis supplies decreased as producers
turned their attention to farming operations.
Mixed U. S. No. 1-5, 190-250# barrows
and gilts at midwest terminals Friday, brought
$16.00-16.75 with selected and sorted lots of
No. 1-2, 190-255# from $16.50-17.25, mainly
$16.75-17.00.
Average cut-out value advantage of U. S.
No. 1 over No. 3, live basis 200-220# barrows
and gilts was 950 per cwt. based on wholesale
carlot prices of fresh pork cuts at Chicago
April 7 to April 13, 1960 inclusive.
HOGS Interior Iowa-Southern Minnesota
Area Receipts were 5 percent below the
previous week, but around 5 percent larger
than a year earlier. Daily supplies were only
moderate with the exception of a bulge in re-
ceipts on Wednesday when rain curtailed field
work in part of the area. Prices on barrows
and gilts closed 150 to mostly 250 higher
than the previous Friday, sows were 250 higher.
Mixed U. S. No. 1-5, 190-240# butchers closed
at $15.50-16.00 with moderate supply No. 1
and 2 selected lots 190-250# $16.00-16.50.


SHEEP AND LAMBS The 12 market receipts
were little changed from the previous week but
were 31 percent less than a year ago. Trading
was rather slow during the pre-holiday week.
Steady to lower lamb carcass prices influenced
price weakness on the live trade. Slaughter
lamb prices were uneven but were generally
steady to 500 lower. Spring slaughter lambs
were $1.00-2.00 lower at Ft. Worth. Slaughter
ewes were mostly steady. Feeder lambs were
mainly steady, but instances 500 higher at
Denver and 500 lower at St. Joseph.


Late in the week, Choice and Prime 90-
115# wooled slaughter lambs sold from $21.25-
22.50, sparingly to $25.00; most Choice 89-
117# $20.50-22.00; Good and Choice $19.50-
21.50. Choice and Prime 93-110# shorn No. 1
and 2 pelt slaughter lambs $20.75-22.00; most
Choice 89-110# $19.50-21.00; Good and Choice
94-112# $18.50-20.50. Most Choice and Prime
80-108# spring slaughter lambs brought $22.25-
23.75, but reached $25.00 at St. Louis National
Stock Yards; Good and Choice 75-110#l spring
lambs $21.00-22.75. Cull to Choice slaugh-
ter ewes brought $3.00-8.50.
Most Good and Choice 70-87# feeder lambs
moved from $19.00-20.50, few lots to $21.00
at Omaha; Medium and Good wooled feeders
$16.50-19.50.
In the Interior Iowa-Southern Minnesota
area, prices on wooled slaughter lambs were
weak to 500 lower for the week; shorn lambs
weak to 25# lower; and slaughter ewes steady
to weak. Estimated receipts were 6 percent
less than the previous week, but 9 percent
over a year ago. Shorn lambs comprised around
50 percent of the slaughter lamb supply. On
Friday, Choice and mixed Choice and Prime 90-
105# wooled slaughter lambs delivered to pack-
ing plants sold from $20.50-21.50 with Prime
high-yielding lambs to $21.75; Choice 105-120#
$19.50-20.50; Good and low-Choice 90-110#
lambs $19.00-20.50. Choice and mixed Choice
and Prime 90-100# lambs with No. 1 and fall
shorn pelts brought $20.00-21.00 with Prime
fall shorn lambs to $21.50; Choice 90-100#
No. 2-3 pelt lambs $19.00-20.00; Good and
Choice with No. 1 and fall shorn pelts, $18.50-
20.00. Cull to Choice slaughter ewes ranged
from $3.00-6.50.

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 5 percent shrink. All
sales for immediate delivery unless specified.

ARIZONA, CALIFORNIA, NEVADA, AND UTAH -
Direct sales on slaughter cattle as well as
stockers and feeders were mostly steady in
California and Arizona, no sales confirmed in
Nevada or Utah; spring lambs steady in Cali-
fornia.
Slaughter steers: In California, 2 loads
1050-1075# average-Choice to low-Prime $28.25;
16 loads average to high-Choice 925-1150#
$27.75-28.00; over California and Arizona,
148 loads high-Good to mostly Choice 875-1150#
$27.00-27.50, including some for May-June
delivery; 55 loads Good 925-1100# $26.00-
26.50; 24 loads high-Standard and Good 875-
1100# $24.00-25.50; 7 loads Standard 950-1140#
$22.50-23.50. Slaughter heifers: 24 loads
high-Good to mostly Choice 700-925# $26.00-
27.00; 4 loads Good and Choice 750-950#








$25.50-25.65.
Stockers and feeders, for current to
early June delivery: Good and Choice 650-960#*
steers $25.00-27.25; Good 550-900# $24.50-
25.00; Medium 500-700# $22.00-23.50; Good and
Choice 550-800# heifers $23.00-25.00.
Around 33,000 mixed slaughter and feeder
spring lambs sold in California with Choice
and Prime 98-112# spring slaughter lambs at
$21.00-22.00 and Good to mostly Choice 80-90#
feeders $20.00-21.00.

COLORADO, SOUTHERN WYOMING, WESTERN
NEBRASKA, AND WESTERN KANSAS Trading on fed
cattle direct at feedlots in Colorado rather
slow, but prices held mostly steady. The
drop in volume was influenced by a heavy back-
log of previously bought cattle, field work
and the tendency to curtail buying during
Holy Week. Confirmed sales totaled 211 loads
of fed cattle, against 424 loads the previous
week and 375 loads a year earlier. In Colo-
rado 37 loads average to high-Choice 1165-
1567# fed steers $27.00-27.50; 53 loads most-
ly Choice 1000-1175# $26.00-26.90; few loads
mostly Good 1150-1175# $25.00-25.75. Twenty-
nine loads average to high-Choice 800-1000#
fed heifers $25.535-26.75, mostly $26.535-26.50;
75 loads mostly Choice 900-975# $25.75-26.25;
8 loads mixed Good and Choice, mostly Good
985-1000# $23.50-25.50.
Demand for stocker and feeder cattle
and calves continued good at fully steady
prices, but sales were limited. Western Kans-
as: 400 Good and Choice around 700# feeder
heifers $24.75. Nebraska: 150 Good and
Choice around 660# feeder heifers $25.25.
Colorado: Around 150 Good and Choice 470#
short yearling heifers $28.20.
A moderate volume of slaughter lambs
sold steady, many feedlots in the cleanup
stage. Two loads Good to mostly Choice 100#
wooled lambs $21.50 to eastern account; 4
loads mostly Choice 106-109# wooled lambs at
$21.00-21.25, delivered Denver; 4 loads Choice
114-116# shorn lambs with No. 2 and 3 pelts
$20.00-20.50 also delivered Denver. Load
Prime 92# Kansas spring lambs $235.75, deliv-
ered Denver.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Slaughter
steer prices were steady to strong; no sales
fed heifers; stockers and feeders steady.
Five loads average-Choice 1050# fed steers
$26.R5; 46 loads Good to average-Choice 950-
1150# $24.25-26.50; 4 loads Standard 700#
$23.00. Around 2,500 Good and Choice 600-
750# stocker and feeder steers $23.00-26.00;
250 Good steers mid-October delivery to weigh
70n# $22.50. About 700 Good and Choice 575-
625# heifers $25.00-24.00; 200 Choice 400-
440# stock calves $32.00 steers, and $29.00
heifers; around 4,725 Good and Choice 400-


475# stock calves $29.00-30.00 steers,and
$27.00-29.00 heifers.
Amarillo Area Direct trade rather slow;
mostly steady. Dozen loads Good with few
Choice 840-860# fed heifers $25.00-25.50; 5
loads 800# mixed steer and heifer yearlings
on dressed basis $45.00 Choice, $43.00 Good
and $41.00 Standard; 2 loads Good 1600# fed
steers $21.00; 2 loads Utility slaughter cows
$16.00. Good and Choice feeder steers $24.50-
25.00; Choice 450-470# stock calves $29.00-
30.00 steers, $27.00 heifers; over 1,600
Choice calves fall delivery to weigh 425-450#
$26.00 steers and $24.00 heifers, small string
$28.00 straight. Three loads Medium stock
cows $15.00.

IDAHO, OREGON AND WASHINGTON Slaugh-
ter steers and heifers fully steady; stocker
and feeder classes mostly steady; limited
sales slaughter lambs 50#-$1.00 lower.
Choice 1000-1250# slaughter steers
brought $26.50-27.50 in Washington and Oregon.
Idaho Mostly Choice 1000-1175# steers $26.00-
27.00, several loads at the latter price for
delivery in 30 days. Mixed Good and Choice
1050-1075# steers $25.50 in Washington and
Idaho where 820-975# Choice heifers brought
$24.75-25.50.
Washington Good and Choice yearling
stock steers $27.00 with 575-625# yearling
heifers $24.00-24.50; string Good 400-425#
heifer stock calves $26.00, with 10 percent
cut. Oregon Good and Choice 575# yearling
heifers $24.50.
Deck Choice spring slaughter lambs in
Oregon $25.50 delivered. In Idaho 2,000 cross
bred ewe's fleeces brought 450 grease basis.

MONTANA, NORTHERN WYOMING AND WESTERN
DAKOTAS Trading slow prior to Easter Holi-
day. About 75 head Choice 515# feeder heif-
ers sold about steady at $27.00; load Good
and Choice near 550# heifers $25.00. In
the Great Falls, Montana area, couple
sales totaling near 525 head Choice reputa-
tion brand yearling steers expected to weigh
in vicinity of 750# went to repeat buyer at
$25.00 for September delivery.
Sheep and lambs: Rather quiet, in
central Wyoming, near 3,000 head Good and
Choice wether feeder lambs expected to weigh
near 67# for early October delivery were
contracted at $18.00.
Wool: Rather slow with prices steady
to weak, confirmed sales 417,000#. In Mon-
tana, sales totaling 137,000# medium to
fine both shorn and contracted for shearing
up to about 5 weeks, 12 months ewes wool
44-470 per grease pound, some farm flocks
40-420. Northern Wyaming, 237,500# shorn
ewes wool 59-45#, few farm flocks 35-42f and
about 42,500# fine light shrinking reputa-
tion clips sold up to 521,.







WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
: Cattle ve : Hogs : SheeSlad
Market : Apr. 16 : Apr. 18 : Apr. 16 Ar. 18 Apr 16 Ap. 18 : Apr. 16 : Apr. 18
1960 : 1959 9: : : 1 : 1959 -: 1960 : 1-i59s
Chicago ................ 29,348 41,534 273 418 33,093 46,470 5,199 8,498
Cincinnati ............. 3,110 2,968 722 706 11,688 11,978 899 393
Denver ................. 8,522 11,350 299 613 5,068 3,301 19,302 26,339
Fort Worth ............. 5,970 4,060 1,167 955 35,111 3,873 24,188 16,568
Indianapolis ........... 6,548 6,355 515 447 30,849 38,297 1,149 618
Kansas City ............ 20,636 22,664 1,298 839 14,778 17,301 6,625 7,190
Oklahoma City .......... 6,841 8,158 840 405 4,239 4,267 1,128 4,494
Omaha .................. 28,882 41,826 688 321 45,100 42,856 11,410 16,492
St. Joseph ............. 15,130 16,624 574 342 25,955 27,840 6,003 6,091
St. Louis NSY .......... 14,228 14,934 1,728 1,823 58,863 64,176 2,641 3,802
Sioux City ............. 25,429 29,379 478 668 45,845 41,129 4,676 4,965
S. St. Paul ............ 16,909 22,873 5,763 5,830 42,800 51,875 6,293 4,683
Total .................. 181,553 222,703 14,345 13,367 319,389 353,563 89,513 100,153
Total Apr. 9, 1960 195,855 14,333 2835,254 91,467


Hogs ...
Sheep ..


INTERIOR IOWA AND SOUTHERN MINNESOTA
Apr. 16, 1960 Apr. 9, 1960 Apr. 18, 1959
.. 334,000 346,000 319,000
23,700 25,300 21,800


STOCKER AND FEEDER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
: Week ended Month : Three months
: Apr. 14 : Apr. 7 : Apr. 16 : Mar. : Mar. : Jan.- Mar.
: 1960 : 1960 : 1959 : 1960 : 1959 1960 : 1959
Steers 1001# up ............ 699 925 1,487 3,135 5,613 8,464 16,183
901-1000 ............ 2,013 2,029 2,156 10,979 10,498 27,320 30,441
801-900 ............. 2,935 3,306 35,700 14,886 15,457 42,249 42,906
701-800 ............. 4,033 3,666 4,906 15,160 19,712 49,907 50,050
501-700 ............. 12,749 10,979 12,854 40,885 53,726 109,582 119,989


Total steers 10 mark


Av. wts. "
Av. cost* "
*1 n nf B
n w n
SH N N

i n H n
IIn n N
n H n
', w n
|I n H H

Total calves


* N

Chicago
Kansas C
Omaha .
S. St. I
Sioux Ct
Denver .
Ft. Wor
Oklahoma
S. St. J
St. Loud
- 10 maw


ets ...... 22,429
...... 704#
...... $25.47
......... 24.83
ity ..... 25.65
.......... 25.67
Paul ..... 24.10
ity ...... 26.29
......... 25.69
th ....... 24.06
a City ... 24.22
roseph ... 25.42
is NSY ... 24.55
rkets .... 5,400
S s.... 3,016
* .... 3555


20,905
720#
$25.20
25.04
25.05
25.05
25.13
26.13
26.68
24.96
24.37
24.16
24.49
10,052
4,068
386


25,103
720#o
$28.44
28.20
28.68
29.74
25.68
30.14
26.45
27.86
27.46
27.96
26.71
7,002
4,805
623


85,045
750#
$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
3,517


105,006
721#
$27.64
26.09
27.78
28.60
24.81
29.60
26.21
27.67
26.64
27.21
25.75
30,371
18,700
3,069


237,522
730#
$24.20
24.05
24.09
23.98
23.02
25.51
24.81
23.69
23.25
23.85
23.42
114,314
34,597
9,032


259,569
735#
$27.26
26.15
26.70
27.67
24.80
29.25
28.29
27.40
26.45
26.75
25.66
115,703
46,245
10,353


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
----------------------------,T ------- -
: : :- -. :
KW ansas S.. St. *Sioux o SU S%.St Indian- Ft. Okla. San
Week ended :Chicago Ct :Omaha:Jos :Louis:'t : Paul: : D evere: : city :Wichita:Antonio
hiCy JtepY N a apolis worh City
: NSY : -:


Stockers and feeders
7 22 5
6 24 5
5 29 5


.0 12
8 12
4 7


Slaughter cows


Apr. 15, 1960
Apr. 8, 1960
Apr. 17, 1959


6 7 12 8 10 6
6 9 8 7 10 5
7 7 7 4 7 5


25 12
20 8
20 8


15 15 8
15 20 10
7 20 9


17 20
18 18
12 20


" heifers "
n cows "


Apr.
Apr.
Apr.


15, 1960
8, 1960
17, 1959








STEEhS SOLD OUT OF FIRST HANDS FOR SLAUGHTER l/


: Number of head


Grade


: Apr. 14
: 196.0


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........


976
11,105
6,668
1,004

367
20,120

48
3,357
6,590
678
406
11,079

98
3,023
5,069
556
115
8,861

8
2,273
2,134
605

59
5,079

-- ---

205
3,481
1,246

493
5,425


: Apr. 16
- -1.95a -


1,007
13,574
11,735
1,474

231
28,021

120
8,016
10,724
1,152
323
20,315

104
5,805
6,374
503
39


: Percent of total : Average weight Average price in
. by grades (pounds) :dollars per 100 lb.

Week ended
: Apr.14 : Apr. 16 : Apr. 14: Apr. 16 Apr. 14 : Apr. 16
_.160Q _: 1959 Q0 : 1952 _._ J.6. J- 5. _
CHICAGO


4.9
55.2
33.1
5.0

1.8


3
48
41
5


OMAHA
.4
30.3 39
59.5 52
6.1 5
3.7 1

SIOUX CITY
1.1
34.1 45
57.2 49
6.3 3
1.3


12,825 KANSAS CI


21
2,541
3,045
551

135
6,293


.1
44.7
42.0
12.0

1.2


40
48
8

2


.6 1,256
.4 1,186
.9 1,084
5.3 1,002

.8 1,043
1,143

.6 1,2953
.4 1,190
.8 1,098
.6 1,050
.6 1,031
1,121

.8 1,392
.3 1,181
.7 1,114
.9 1,063
.3 1,021
_1 135

.3 1,012
.4 1,126
.4 1,057
.8 1,097

.1 1,015
1,092


1,245
1,202
1,104
1,030

1,047
1,152

1,229
1,174
1,101
1,068
986
1,127

1,292
1,197
1,121
1,079
1,081
1(155

1,227
1,190
1,086
990

971
1,117


31.27
27.98
25.87
23.05

20.26
27.14

30-.15
27.40
25.41
21.89
19.85
25.68

29.63
27.29
25.62
22.00
19.74
25.99

28.75
27.18
25.47
22.08

19.27
25.79


35.02
30.80
28.51
25.97

23.96
29.69


32.77
29.17
27.24
24.25
22.56
27.85

31.64
29.05
27.21
24.21
22.61
27.98

32.25
29.31
27.63
24.33

22.90
28.02


ST. LOUIS


1,100
3,256
822

308
5,486


3.8
64.2
23.0

9.0


20.0
59.4
15.0

5.6


1,166
1,030
967

967
1,015


1,126
1,093
999

958
1,078


27.68
25.74
23.17

20.17
24.78


S. ST. JOSP -


2,867
3,145
413
21
6,446



2,188
638
138
5


2,613
4,757
655
66
8,091


2,360
2,204
87


44.5 32.5 1,142
48.8 58.8 1,074
6.4 8.1 1,079
.3 .8 931
1,104
~ D -NVER


73.7
21.5
4.6
.2


50.7
47.4
1.9


1,169
1,115
1,054
867


1,140 27.49
1,073 25.48
1,077 21.18
1,018 18.79
1,094 26.12
-----------
-----------


1,158
1,148
1,144


All grades..... 2,969 4,651 1,152 1153
2/ Data collected by Agricultural Estimates, and Livestock Divisions, A.M.S.


26.59
25.29
20.66
18.50


--
29.40
27.67
25.38

23.54
27.51



28.86
26.98
24.18
22.60
27.36


28.78
27.82
23.21


26.06 28.22







WEEKLY SLATUGHTER LN'EF FEDERAL INSPECTION. AT MAJOR CENTERS


- -- -a m
t -- --- --- Caile ~calves -^~ RL
City or Area : Apr.16 : Apr.18 Apr.16 : Apr.18 : Apr.16 : Apr.18
2 1':0 : 1 2 -0 1 -125 1959 :59


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


Total.............ation to date........
Accumulation to date.......


8,741 12,181
8,200 7,667
16,818 16,690
15,267 20,007
27,644 28,529
10,450 10,570
19,610 20,261
29,233 54,741
12,368 11,658
29,185 30,878
5,586 6,225
7,010 5,740
17,585 17,712
9,359 8,688
19,825 19,006
22,969 20,854
6,634 6,196

266,462 277,603


4,584,893


8,895 10,576
1, -..t 7 730
4,094 4,5 af
6,094 4,411
20,571 19,712
1,442 1,610

245 161

7,712 8,051
3,652 3,922
2,378 1,727
1,179 899
3,972 3,742
184 224
1,478 2,221
225 193

63,488 62,717


1,042,750


3,983,818


45,705 50,074
22,991 31,036
132,466 114,323
35,113 49,972
106,696 103,590
87,123 87,854
90,609 87,136
80,198 82,2835
39,281 30,988
275,144 254,509
65,700 63,505
31,500 26,389
46,549 44,330
19,728 22,600
17,685 14,654
25,351 27,145
13,424 14,764

1,135,061 1,104,952


18,519,220


1,054;942


]


Sheep
I Apr.16
-:- 1960-


56,68
4,00
10,55
4,64
10,11
3,94
12,91
11,41

28, 0O


8,4(
27,2
27,6
36,0
6,5

228,1
3,595,8


7,952,031


and ambs
: Apr.18
- 19a9 -
5 58,591
0 5,801
2 13,756
2 4,554
6 9,805
9 4,193
3 16,259
7 18,952

7 27,635


0 11,929
51 19,184
10 33,261
36 30,042
22 3,596

90 235,336
17
3,597,594


Week ended


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
--- -- -L a-
Beef Veal t Total
2 : :(excl. lard) : and aitton i
m- T ':"iim- 7 -m- : : Num- I m eat
Po.Pod. Prod. Pod prod .
Sober : o' ber Prd: ber : *: ber :Pod.
1,000 mil.lb. 1,000 mil.lb. 1,000 mil.1b. 1,000 mil.lb. mil.1b.


320 189.4
330 197.3
343 --
331 201.0


90
100
106
91


10.1
10.9

10.5


1,295
1,265
1,374
1, :-


180.9
175.3

176.7


250
255
247
270


12.5 392.9
12.8 396.3

13.5 401.5


41.6
44.2


Percentage change from:
Apr. 9, 1960 ...............
Apr. 18, 1959 ...............


A ~~e. .. rawge weight (lb. : Lard
--------------------------------------------- ghiee -- yield
Week ended Cattle Calves Hogs heep yield
:L;ee: eD S tiehesfL and l3bs : 1 per
: :D-essed~: lv- : 1veDre-se : Liv'eTDressed i~L3rve' 7 DresseT : 100 Ib.


1030
1040
1040
1052


200
195
192
201


112
109
108
113


140
139
137
139


103
105
105
104


14.4


/ Actual slaughter. 2/ Excludes lard.


Apr.
Apr.
Apr.
Apr.


1960
1960
1960
1959


. '..'... .
I/ ............
0/ .. a..........


Total
Slard
Sprod.
mil.lb.


Apr.
Apr.
Apr.
Apr.


16, 1960 ...............
9, 1960 ...............
2, 1960 ...............
18, 1959 ...............














Classification


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


Heifers -
Choice*
Good**
Standard


700-900#
600-800
- All wts.


Cows All weights -
Commercial
7 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
___ ___ __ ___ __ ___ -___ ___ -___ __--__ __- ___ ___- -- -- -__ __ __-- -Q ^- --
: : : : : North
Chicago : Kansas City : Omaha Denver : Portland

Apr. Apr. Apr. : Apr. Apr. Apr. Apr. Apr. Apr. Apr.
16 18 16 : 18 1 18 16 18 18 16 18
S1. 1959 1'" 1959 1960 1959 1-3 1959 1960 1959
S calves and dealers :
Slaughter cattle, calves and vealers


31.08
31.55
28.38
28.62
25.58
22.72


27.28

21.65


17.65
16.92
15.95)
14.30)


54.00
35.10
31.42
51.72
28.02
25.58



26.75
24.55


20.95
19.88
17.80


27.82
27.70
25.55
21.88


27.00
24.75
21.25


18.00
16.50
15.35)
13.25)


S.05
30.05
27.55
24.92


28.92
26.55
24.05


21.18
19.55
17.25


30.38
30.35
28.28
28.22
25.02
21.65


27.38
24.12
20.60


17.85
16.38
14.80)
135.40)


33.65
33.75
30.38
30.38
26.78
24.02


28.28
25.58
23.00


20.50
19.05
16.80


20.60 24.55 19.00 21.82 18.75 22.38
20.05 25.10 19.00 21.32 18.50 21.12


31.80
29.00
25.50


55.00
29.50


25.50
23.00
20.75


27.50
24.50
21.50


29.90
27.50
25.00


33.50
31.00
28.00


27.00
24.50
21.00


26.50
26.50
25.62
20.25


25.94
22.81
19.12


18.88
17.25
15.50)
14.12)


28.98
28.98
26.45
23.20


28.15
25.48
21.75


21.00
19.88
17.50


27.62
27.00
25.62
23.12



25.12
22.50


18.00
16.75
14.00)
12.00)


--

28.97
28.62
27.84
26.25


--
26.88
25.38


21.25
19.25
16.50


-- 22.25 20.50 23.25
20.00 22.75 21.25 24.25


29.00
26.50
24.00


31.50
29.50
26.00


32.40
30.20
27.50


--
28.25
25.75


34.69
31.75
27.50


Feeder and stocker cattle and calves


32.50
29.50
26.70


28.75
25.50
21.75


32.00
29.75
26.50


29.25
25.50
21.25


52.25
27.75
24.62


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

Cows All wts. -
Med. & Gd.

Calves 500-500# -
Steers -
Good & Choice

Heifers -
Good & Choice


- -- 25.40 29.25 25.75 29.00 25.50 28.88 24.75 27.25
-- -- 21.75 25.50 :22.00 24.25 22.00 25.75 20.50 24.25


S 18.25 20.25 14.50 19.12



29.75 35.50 30.75 35.50


26.25 32.00 27.00 32.58


-- 19.50 15.25 --



31.00 37.00 28.00 31.50


28.00 34.12 25.50 29.50


*Weight range 600-800# in 1959.
** t 700-900# 1" "


Steers -
Choice
Good
Medium


500-800#
500-800
500-1000


29.00
26.25
22.75


28.00
25.25
21.75


31.55
29.00
24.50


26.25
24.00
20.25


28.75
27.00
24.00











































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302
HOGS: AVERAGE COST, WEIGHT. AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/

Louis Kan- S. S. 8-
Chi- Natl. sas Omaha Sioux St. St. Indian- mkts.
Week ended cago Stock City City Joseph Paul apolis corn-
Yards bined
---------- --------- -------- ------------------------------
AVERAGE COST Dollars per 100 pounds
Barrows Apr. 16,1960 16.25 16.24 16.10 15.80 15.79 16.03 15.72 16.53 16.05
and Apr. 9,1960 16.15 16.15 36.18 15.96 15.84 16.03 15.81 16.25 16.04
gifts Apr. _18,1959 16.38 16.36 15.98 16.08 16.02 16.13 15.85 16.64 16,20


Apr. 16,1960
Sow* Apr. 9,1960
Apr. 18,1.99--..
AVERAGE WEIGHT -


13.82 14.27 14.29 14.10 14.04 14.38 14.04 13.93 14.08
13.89 14.23 14.53 14.54 14.37 14.55 14.35 13.87 14.24

Pounds


Barrows Apr. 16,1960 237 219 228 242 242 250 239 228 233
and Apr. 9,1960 237 217 228 238 240 227 235 226 250
gilts Apr 1.81959 236 22 233 239 240 20 237 227 23...
Apr. 16,1960 444 595 417 427 419 403 420 441 420
Sows Apr. 9,1960 455 397 426 422 423 405 418 447 424
Apr. 18,1959 427 415 418 420 414 390 405 448 418
NUMBER OF HEAD -
Barrows Apr. 16,1960 26002 49744 12952 34925 59379 22700 32501 26003 244206
and Apr. 9,1960 25566 46787 8765 33149 25206 14863 52626 28828 215588
gifts Apr. _18 959 37807 59336 15865 35545 35393 25087 39855 33607 282493
Apr. 16,1960 2821 4311 995 4895 3966 1782 3712 3181 25663
SoW; Apr. 9,1960 3007 4658 901 4168 2198 1336 2905 3515 22688
A 8 .9... .4.9 4252. 910 5097. ...147.6. 37304. 1476 4864 267.5 .2.4
SOWS Percentage of total
Apr. 16,1960 10 8 7 12 9 7 10 11 10
Apr. 9,1960 11 9 9 11 8 8 8 11 10
Apr.18,1959 10 7 5 13 10 6 11 7 9
-..---------------?------.. ---.---.f. -- -- ----. 1 -5-.-. 0-- ---- -- -- -
I/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG, COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
*------------- *---- *--- ------------ *--------- r *---- ----- --------r ********--pr~eaW------ ---**
H prouct / .. .. -- --ross spread
Hog products I/ Hog prices Y or margin 3
Apr. 16, 1960 $18.64 $16.60 $2.04
Apr. 9, 1960 18.16 16.43 1.73
Ap. 18 1959 18.35 16.75 1.60
J i N* ---------* -** -* i--- -- -- --------j----** -- -* -*- --------***'* **-------
1 / Value of all edible products, fresh basis (lard rendered) in 100 lb. of live hog com-
puted from wholesale prices on carlot basis, Chicago, reported by National Provisioner
daily market report.
2/ Mean of daily quotations on U. S. No. 1, 2 and 3 hogs, 200-220# wt. Chicago,
3/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
-----------------------------------------------------------
Barrows and Corn, ./ Hog-corn
Week ended gilts No. 3, yellow price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
Apr. 16, 1960 16.25 120.8 15.5
Apr. 9, 1960 16.15 119.2 13.5
Apr. 18, 1959 16.38 128.6 12.7
1- -- Simple average price.
simple average price.





303
SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTA IlIllJ,
In dollars per 100 pounds
,. -
a: Chicago : Omaha : Kansas. Fort : Denver : Ogden : North
Classiflcation City Worth: :. Port-
S. land

SLAUGHTER LAMBS: (Spring) All wts.


Prime Apr. 16, 1960
Apr. 18, 1959
Choice Apr. 16, 1960
Apr. 18, 1959
Good Apr. 16, 1960
Apr. 18, 1959
EWES: (Wooled) All wts.


22.75* 22.15* 23.00


21.88*
21.32*
21.053*
20.88*


21.22*
21.08*
20.12*
20.22*


22.40
22.530
20.20*
21.50


22.80
--

22.40
22.50
21.45
21.60


-- 21.25-


21.09* 20.7S*
23.02 21.50
20.09* 19.88*
20.50


Good and Apr. 16, 1960
Choice Apr. 18, 1959
Cull and Apr. 16, 1960
Utility Apr. 18, 1959

FEEDER LAMBS All wts.
Good and Apr. 16, 1960
Choice Apr. 18, 1959


7.85
7.35
6.60
6.15


6.50
7.98
4.75
6.00


-- 21.00
-- 19.88


6.50
7.25
5.00
5.88


-- 6.75**
-- 9.00
7.50** 4.75**
-- 6.12


18.10 19.00
18.55


19.88
18.75


6.00
7.25
4.00
4.50


7.25
8.75
5.25
5.75


-- 16.75
-- 15.25


*Wooled basis.


**Shorn basis.


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

: Steers : Lambs : Hogs
: Mar. : Feb. : Mar. : Mar. : Feb. : Mar. : Mar. : Feb. :
: 1960 : 1960 : 1969 : 1960 : 1960 : 1959 : 1960 : 1960 :
Dollars per 100 pounds


Live animal prices
Chicago / ......... 29.50 27.87 30.93: 22,64 21.05 20.56:
Wholesale meat prices,
New York 2/ ........ 47.96 46.52 49.82: 46.72 41.88 42.96:


Composite retail meat
prices, New York /


Wholesale-New York 4


15.72 13.86


Mar.
1959


16.33


Cents per pound

78.94 76.31 80.83 65.92 64.91 63.99 -
Value of carcass meat from 100# live animal (Dollars)
28.78 27.91 29.89 22.89 20.52 21.05 19.11 17.73 20.64


Retail New York 5/ 37.10 55.87 37.99 31.11 30.64 30.20 24.94 23.84 27.86

1/ Av. Choice and Prime steers, 900-1100 lb.;, lambs Choice except March 1960 Choice
and Prime, and U. S. No. 1-3, 220-240 lb. hogs. 2/ Av. Choice and Prime steer beef,
600-800 lb., and Choice and Prime lamb. _/ Composite av. of semi-monthly retail quo-
tations on various cuts (incl. lard) combined in proportion to their respective yields
from live weight. 4/ 60 lb. of beef carcass, 49 lb. of lamb carcass and 60.43 lb. of
principal hog products consisting of smoked, skinned hams, bacon, picnics, fresh loins,
Boston butts, spareribs, and carton lard combined in proportion to their respective
yields from live weight. 5/ 47.0 lb. of beef cuts, 47.2 lb. of lamb cuts and 58.56
lb. of principal hog products, including lard.


25.75
23.25
18.25*








WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEWS

EASTERN 3A BOARD Supplies of fresh
meats were generally below normal with receipts
of steer beef and lamb sharply reduced at some
markets, but available meats ample in all di-
visions. Volume of Prime steer beef was very
scant, but at the same time, demand lagged.
Small accumulated lots of beef hindquarters
from the previous two weeks were still a pro-
blem, particularly at New York, and Washington.
However, most of these sold, due to cut-back
in fresh receipts, despite mostly dull trading,
Ribs were again the only beef item finding
broad outlet at the several markets. Lower
steer carcass cut-out at New York, was re-
flected through $1.00 declines on hindquarters
and chucks. Trading on lamb was fairly active
and there was fair representation of spring
carcasses at most markets. Choice and Prime
30-',# spring lamb sold at $54.00-60.00. De-
mand for veal was moderately broad, and clear-
ance good except at New York, where outlet
held mostly narrow and there was some carry-
over. Movement of pork was slow early, but
turned active on closing sessions and resulted
in fairly broad clearance. A large share of
early price declines was recovered at Washing-
ton, while loin prices moved higher at other
markets.
Compared with the previous week: Steer
beef steady to $1.00 lower, the declines at
Philadelphia and New York; cow beef fully 500
lower at New York, otherwise steady. Veal sold
steady to mostly $1.00 lower, instances $3.00
off, except at New York where veal prices de-
clined $2.00-4.00, and calf sold $1.00-2.00
lower. Old crop lamb closed steady to $2.00
lower. Pork loins closed $1.00-5.00 higher.
Majority sales of other pork cuts were steady
to $1.00 higher. Kosher steer beef prices
were unchanged, but lamb sold steady to weak
and kosher veal and calf $3.00 lower.

CHICAGO Fresh meat supplies were only
moderate. A large share of the beef graded
Good to average Choice with a smaller percent-
age Prime than in the previous week. Old crop
lamb carcasses weighed 55# and over for the
most part, and a sprinkling of spring lamb now
showing up on the market. Beef trading was
slow on the initial session, however, trading
became fairly active Tuesday particularly for
product to ship later in the week. Demand was
good for ribs and loins at higher prices.
There was little call for chucks and rounds
until most interests entered the trade for pro-
duct to arrive after Easter. Veal trade was
dull, prices working steadily lower for the
third straight week. Carcass lamb and hind-
saddles enjoyed good clearance but stews and
shoulders were neglected and failed to clear.
Fresh pork trade was slow but loins advanced.


Compared to the previous Friday: Steer
and heifer beef steady to $1.00 higher, most-
ly 504-$1.00 up; veal fully $1.00 lower; lamb
steady; pork loins 8-16# $1.00-2.00 higher;
Boston butts 4-8# $1.00-2.00 lower; spare-
ribs 3# and down steady to 500 lower.

PACIFIC COAST Steer beef was in rath-
er small supply at most points on the West
Coast due to decreased production but with
Holy Week retarding the demand, volume was
generally fully adequate. Cow beef was mod-
erate but more than adequate for a slow move-
ment and calf and veal also exceeded outlet.
Old crop and spring lamb was fully adequate
for a fair demand although old crop lamb
was about out of the picture. Fresh pork
cuts continued in liberal supply with trad-
ing slow while smoked skinned hams were
slightly liberal at Los Angeles and moderate
but adequate at other points on the West
Coast. Other smoked meats were fairly lib-
eral for a continued slow movement. Prices
compared to the previous week: Steer beef
mostly steady except for Choice 500-600#
steer carcasses 500 lower in instances
while a few Choice 700-800# carcasses sold
500 higher at Los Angeles; cow beef mostly
steady, some sales $1.00 lower at Portland;
calf mostly steady, instances $1.00 lower
at Portland; old crop and spring lamb steady
to $2.00 lower, the decline at Portland and
San Francisco; fresh pork loins steady to
$1.00 higher; other fresh pork steady to
$1.00 lower; smoked skinned hams mostly
steady, some sales $1.00-2,00 lower at Los
Angeles; other smoked meats and lard about
steady.

CARLOT MEAT TRADE REVIEWS

Sales volume of meats in carlots was
moderate. Outlet was generally sufficient
to absorb available supplies in a moderately
active trade. Price trends showed consider-
able variation between trading centers.
Compared with the previous week's close,
steer beef sold 504-$1.00 higher at Chicago,
500 higher at Denver, steady to 504 up at
Omaha and Philadelphia and steady at New
York. Heifer beef closed 504-$1.00 higher
at Chicago, mostly 50* higher at Omaha and
steady to $1.25 higher at Denver. Cow beef
prices were 500 higher at Philadelphia,
steady to strong at Omaha, but 504-$1.00
lower at Chicago. Lamb sold mostly steady
except at Denver where sales were 50#-$1.00
lower with an increased volume of spring
lamb carcasses at the full decline, while
at Philadelphia old crop and spring lamb
sold strong to $1.00 higher, mostly 500-
$1.00 up. Pork loins closed $1.00-35.00
higher with the full advance at Omaha and
Philadelphia.






305


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

S New York Chicago San Francisco Los
Classification ----- ----- ------ -
SApr.16 : Apr.18 Apr.16 : Apr.18 : Apr.16 Apr.18 : Apr.16
-: Y960 1959 : 1960 : 1959 : 1960 : 1959 : 1960


Steer beef -
Prime
Choice

Good

Heifer beef -
Choice

Good
Veal -
Prime
Choice
Good
Lamb -
Prime
Choice
Fresh pork -
Loins
Butts
Spareribs
Cured pork -


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

500-600#
600-700
500-600

90-120#
90-120
90-120

45-55V
45-55

8-12
4-8
3# down


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


47.50
46.70
44.00
44.50


60.20
49.70
45.20


56.30
50.20
49.85
47.45
47.45


62.50
54.50
49.50


45.88
44.58
43.13
43.13

44.44
44.44
41.44

55.50
50.00
45.50


47.70
47.05
44.75
44.75


58.50
52.62
48.25


45.00
43.50
44.00
45.00

44.00
42.50




54.00


49.50 46.00 46.50 45.75 46.00*
46.00 44.15 46.50 44.75 46.00*-


43.10
37.50
43.00


44.10
55.10
43.05


41.60
33.55
39.75


40.55
31.50
39.00


48.00
39.00
47.00


47.12
46.00
46.50
45.00


15.00
43.31
45.25
42.00


Angeles

Apr.18
1959 _


47.75
46.75
44.00


-- 44.25 --
-- 43.50 --
-- 42.50 --



56.00 --

-- 45.50- 44.50*"
45.00*- 45.50-f 44.50*


45.50
56.85
47.50


45.12
36.50
43.38


44.62
35.88
453,00


46.00 49.50 49.50 49.25 50.50 51.00 49.88 47.12


38.90


47.50 51.50 52.00 49.00 51.00 51.25 55.38


29.50 32.50 34.00 34.00 32.00 34.00 33.00 54.50
12.75 13.00 13.50 13.50 16.50 16.00 15.00 15.25


I Spring lamb.


BULK PRICES CARLOT BASIS MEEK ENDED APRIL 15, 1960


Classification
hteer e00f-0 ------
Choice 600-700#


Good


Heifer beef -
Choice

Good

Cow beef All
Utility


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

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


Canner and Cutter


Lamb -
Prime


Choice


Fresh pork -
Loins


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


: Prices aid F.0.B.
-*- 1 - --
s" M"~cago" : Denver" :t" ~ Omh "~t 1


44.00-45.00
43.50-44.00
43.00-45.50
41.50-42.00
41.50-42.00
41.00-41.50

42.50-43.50
42.50-43.50
39.50-40.50
39.50-40.50

31.50-32.00
32.00-32.50




45.00-46.00
43.00-44.00
40.00-41.00

39.00-40.00


43.00-43.50
42.00-43.00
41.75-42.50

38.00-41.00
38.00-41.00

42.00-43.50
41.00-42.50



32.00


41.75-42.00
40.75-42.00
58.75-39.00
41.75-42.00
40.75-42.00
38.75-39.00


43.00-43.75
42.75-43.25
42.25-42.75

40.50-41.25
40.25-40.75

42.50-42.75
42.25-42.50
59.00-39.75
39.00-39.50

31.00
31.00-31.25


45.75-44.75
42.25-43.25
39.75-40.25

40.00-40.50


- Frtces dellvered" -
Sw-r1- 7 h Id ji- a


46.00-46.50
45.50-46.00
44.75-45.50

42.50-44.00
42.50-43.50


47.00-48.00
45.00-46.00
42.50-43.50
46.50-48.00
44.00-46.00
42.00-45.50


46.50-47.00
45.50-46.00
43.00-44.00

43.00-44.00
42.50-44.00


45.00-46.00


52.00-33.50
32.50-33.00

48.00-48.50
46.00-47.00
43.00-45.00
48.00-48.50
46.00-47.00
43.00-45.00


40.00-45.00 41.50-42.00


i

t






306


BOSTON WOOL MARKET REVIEW


Sales in the Boston wool market
amounted to approximately 11 cars of greasy
medium wools at about steady prices. De-
mand for fine and one-half blood grades
was negligible. Sales volume of pulled
wools for woolen use was smaller than the
previous week at steady prices while noils
were slow and held about steady. Shearing
increased in the domestic primary areas
and wool was coming off in good volume.
More sales were reported from all sections.
The Australian auctions closed last
week and will resume on May 2. New Zealand
quotations on 52s down to 48s advanced while
48s and coarser qualities declined. The
United States, Russia, and Continental
interests were the main operators. Shorter
wools were coming on the market in South
Africa at slightly easier quotes with
England, the United States and France the
main operators. The South American markets
continued very dull.
Fleece Wools Graded 56/58s staple
and good French combing sold for future
delivery around 1.09-1.10 while graded
50/56s staple fleeces moved at $1.06 clean
basis, also for future delivery. Graded
56/58s baby combing fleece wool brought
$1.05 clean while 50/56s moved at $1.02.
Bulk medium graders1 tags sold at 28-29
in the grease. Buyers in the primary areas
were paying 48-53 but mostly 500 to the
growers in Ohio for medium fleeces while
47-50 was paid in Missouri and Iowa and 52-
54 grease basis was paid in Michigan.
Territory Wools Mixed or grading clips
in original bags, bulk 6/8s and 1/4 blood
sold at pl.06 clean basis. Some original
bag mixed clips sold in the territory States
around pl.02-1.06 clean basis delivered
Boston.
Mohair Activity was practically at
a standstill with about a million pounds
remaining unsold in Texas.
Foreign Wools Trade in spot foreign
wools was dull. Cabled quotations follow
with combing wools converted to clean United
States oil-combed yields and short wools to
scouring yields in bond.
Australia (oil-combed) Closed for
Easter recess.


93
834
100


New Zealand
Oil-combed
$.94 107 -
.93 114 -
.92 128 -


$.91
.89
.87


South Africa
Oil-combed Scouring yields
7 $1.17 22 $1.10
12 1.15 27 1.04
17 1.12 32 .99
47 1.16 37 .93
48 1.15
53 1.12
Montevideo, Super Skirted (Clean
basis): 64s $1.08; 60/64s $1.05;
60s $1.00; 58/60s 940; 56s 953;
and 50s 910.
Carpet Wools The recent active
movement in New Zealand second shear
carpet wools had diminished with
practically no interest this week and
spot movement of carpet wools was ex-
tremely light. Greasy New Zealand
slipes sold for shipment around 83-840
clean fibers present. New Zealand
carpet fleeces were quoted late in the
week at 83-84 and crutchings at 78.
Buenos Aires November second clips
were priced at 86 and March wools
around 82-835 clean fibers present for
shipment, while greasy Cordoba blend
was offered at 84. Spot pulled white
Aleppo wool was offered at 735 clean
fibers present.
Woolen Wools Sales follow:


Scoured Pulled Domestic


64/62s
62/64s
58s
58/56s
56s


5-5 "
2 13 2
1-2"
2-3"
2-511


Choice white
Choice white
Spring lambs
Gd. white
Tinged


$1.35
1.25
1.13
1.12
1.10


Scoured Pulled Foreign
Arg. 56/58s 2-3" Ch. white $1.22
Greasy Pulled Foreign
N. Z. 50/56s 2-4" Choice $1.10
Clean duty paid for shipment.
Noils 70s Aust. Fr. 760; 70s -
dom. Fr. 724; 64s Aust. nobles 900;
56s dom. nobles 700.


CLOSING FUTURES
1960 (Furnished
of the New York
May wool
May wool
July wool
July wool


QUOTATIONS Apr. 14,
by the Wool Associates
Cotton Exchange).
tops $1.485
1.197
tops 1.505
1.200





307


MEAT AND MEAT FOOD PRODUCTS PREPARED AND PROCESSED
UNDER FEDERAL INSPECTION
-----------------------------------------------------
Week ended 1960
Product Mar. Mar. Mar. ar. Apr.
5 12 19 26 : 2
----------.----:---- 2-----2------_--i-. -
1,OO0# 1,0oo# 1,oo000# 1,000O 1,000#
Placed in cure -
Beef / 5,304 3,937 3,139 3,248 3/
Pork _/ . 66,855 66,019 70,841 74,270
Other I/ . 24 57 57 14
Smoked and / or dried -
Beef . 1,153 1,039 750 916
Pork I/ . 47,517 47,566 49,182 52,558
Cooked meat -
Beef. .. 1,733 1,819 1,620 1,767
Pork. . 4,898 5,325 5,487 6,518
Other . 53 48 36 44
Sausage -
Fresh finished. 5,524 5,636 5,646 5,204
To be dried or semi-dried 2,407 2,396 2,413 2,404
Franks, wieners 11,525 11,887 11,756 11,891
Other, smoked or cooked 11,917 11,970 11,697 11,810
Loaf, head cheese, chili,
jellied products. 3,770 3,584 3,585 3,405
Steaks, chops, roasts 11,295 13,232 11,366 11,574
Meat extract. 129 65 51 58
Sliced bacon l/ 20,086 20,990 19,565 18,790
Sliced, other 2/ 2/ 5,259 5,309 5,217 5,131
Hamburger . 3,212 35,462 3,490 3,456
Miscellaneous meat product. 35,610 3,636 4,441 35,513
Lard, rendered 40,455 39,887 40,858 42,333
Lard, refined 24,140 26,763 28,081 31,680
Oleo stock . 1,697 1,902 1,497 1,497
Edible tallow 6,597 7,256 6,469 6,464
Rendered pork fat -
Rendered . 1,535 1,538 1,659 1,553
Refined .. .. 1,034 873 1,677 1,117
Compound containing animal fat 15,028 14,691 14,760 16,115
Oleomargarine 2,874 3,163 3,245 5,036
Canned product (for civilian
use and Dept. of Defense). 50,200 51,322 52,037 49,542
Total 1/ . 347,829 355,173 360,601 369,709

I/ This figure represents "inspection pounds" as some of the products may
have been inspected and recorded more than once due to having been subjected
to more than one district processing treatment, such as curing first, then
smoking, slicing.
2/ Includes sliced dried beef, sliced sausage, loaves, etc.
3/ Not available at time of publication.
Meat Inspection Branch, Agricultural Research Service.







308









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309
COLD STORAGE HOLDINGS OF MEATS AND LARD, MARCH 31, 1960

Holdings of red meats declined 19 million pounds during March to leave 598
million on April 1. Comparatively, 602 million pounds were in storage a year
earlier while average holdings are 641 million. Beef stocks, reduced 20 million
pounds during March, totaled 165 million on April 1. Although 3 percent below
holdings on April 1, 1959, these stocks were 5 percent above the 1955-59 average.
Pork stocks displayed a contraseasonal movement during March. A net decrease of 2
million pounds compares with increases of 21 million a year earlier and 9 million,
the average. Stocks of 541 million pounds on April 1 were 1 percent above holdings
the same date last year but 14 percent below average. Stocks of frozen picnics
increased from 10 million on March 1 to 11 million on April 1, while frozen hams
decreased from 66 million to 48 million, and frozen bellies increased from 108 mil-
lion to 115 million during the same period.




UNITED STATES STORAGE HOLDINGS OF MEATS AND LARD, MARCH 31, 1960 WITH COMPARISONS
(Includes holdings in public, private and semi-private
cold storage houses and meat packing plants)
----------------------------------------------------------
: March : March February March
Commodity : 1955-59 : 1959 1960 : 1960
------ ------------ aere : ------
1,000 lb. 1,000 lb. 1,000 lb. 1,000 lb.
Beef:
Frozen. . 147,5328 155,883 173,393 153,962
In cure and cured 10,728 14,882 12,218 11,495
Total . 158,056 170,765 185,611 165,457
Pork, frozen:
Picnics . I/ 10,294 9,507 11,5345
Hams. . 1/ 51,931 66,064 47,844
Bellies . 1/ 115,741 108,5393 115,266
Other frozen pork cuts. T/ 107,791 110,500 111,709
Total . 3197853 283,757 294,464 286,164
Pork in cure or cured:
Dry salt bellies. 2/ 10,712 11,416 11,655
Other dry salt pork / I 8,477 6,463 6,285
Other pork cuts . I/ 34,174 50,231 36,6533
Total . 747305 535,363 48,110 54,575
Total pork . 394,158 337,120 342,574 340,737
Other meats and meat products:
Veal, frozen. . 13,529 135,876 8,229 7,907
Lamb and mutton, frozen 8,583 10,991 12,203 11,655
Canned meats in cooler. 67,088 68,957 68,187 72,293
Total all meats 641,414 601,709 616,804 598,049
Lard, rendered and refined 2/ 141,370 132,200 146,800 4/
GOVERNMENT HOLDINGS 5/ -
Pork. . 7,269 5,507 2,220 2,011
Beef . 5,646 1,659 2,147 1,824

--1/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.






510
CATTLE A"D CALVES ON FEED APRIL 1, 1960

Cattle and calves on feed for market in 26 major feeding States April 1, totaled
6,663,000 head, according to the Crop Reporting Board. These same 26 States had
7,206,000 head on feed January 1, 1960 and 5,001,000 head on feed October 1, 1959.
In the 21 States for which comparable 1959 data are available, a total of
6,401,000 head of cattle and calves were on feed April 1, compared to 5,939,000 head
a year earlier--an 8 percent increase. Larger numbers on feed April 1 were shown
for 15 States, two States were unchanged, and four States were down from April 1, 1959.
The number on feed declined 7 percent from January 1 to April 1 this year, compared to
a 6 percent decline during the same period in 1959.
The number of cattle and calves on feed in the North Central States April 1, 1960
at 4,852,000 head, was up 6 percent from the 4,596,000 head on feed a year earlier.
Iowa, the leading State, was up 11 percent, but Nebraska, the second leading State,
was down 1 percent.
Cattle on feed April 1, 1960 in 6 Western States for which comparable data are
available (Montana,Idaho, Colorado, Arizona, Utah, and California) totaled 1,263,000
head compared to 1,075,000 head April 1, 1959--a gain of 17 percent. California, the
leading State in the West, was up 34 percent and Colorado, the second ranking Western
State, was 7 percent higher than a year earlier.
Fed cattle marketing from the 21 States January-March 1960 totaled 3,147,000 head,
9 percent above the number marketed during the same period in 1959. Marketings from
the North Central States were up 7 percent and marketing from the 6 Western States
were up 10 percent.
Beef steers and heifers (Prime, Choice and Good grades) sold out of first hands
for slaughter during January, February and March at 12 major markets were 11 percent
above the same period in 1959. Steer marketing were up 9 percent and heifer market-
ings were up 17 percent. These sales data do not include direct sales to packing
plants, mixed lots of steers and heifers, and some deliveries bought on prior con-
tracts.
Cattle and calves placed on feed in the 21 States during the first quarter of 1960
totaled 2,657,000 head, 6 percent more than during the same period in 1959. Shipments
of stocker and feeder cattle into 8 Corn Belt States (for which data are available)
during January and February this year were 4 percent less than during the same two
months in 1959.
A breakdown of the April 1 numbers on feed in 21 States by weight groups indicates
an increase in all groups except the 500-699 pound group which was down 3 percent
from a year earlier. The number weighing less than 500 pounds totaled 455,000 head on
April 1, compared to 393,000 head a year earlier; the 500-699 pound group totaled
2,135,000 head down 64,000 head; and the 700-899 pound group at 1,933,000 head was up
299,000 head. The number weighing over 900 pounds totaled 1,882,000 head--up 167,000
head. The number weighing less than 500 pounds accounted for 7 percent of the total--
the same as last year;those weighing500-699 pounds, 34 percent this year, and 57 per-
cent last year; and the 700-899 pound group, 30 and 27 percent respectively. Those
weighing 900-1099 pounds at 24 percent of the total; and those 1,100 pounds and over
at 5 percent of the total were the same proportion of the April 1 inventory as a year
earlier.
Of the cattle and calves on feed in the 26 States on April 1, 70 percent were
steers and steer calves, 29 percent were heifers and heifer calves, and 1 percent cows
and others. For 21 States with comparable data, 70 percent were steers and steer
calves compared to 72 percent a year earlier. Heifers and heifer calves accounted for
29 percent this year and 27 percent a year earlier. Cows and others accounted for 1
percent both years.
In the 26 States, 40 percent of the cattle on feed April 1, 1960 had been on feed
less than three months, 54 percent had been on feed from 3-6 months, and 6 percent had
been on feed more than 6 months. For the 21 States with comparable data available,
the number on feed less than three months accounted for 40 percent of the total this
year, the same as last year. The number on feed 3-6 months was 54 percent, compared
to 56 percent a year earlier, and the number on feed more than 6 months was 6 percent,
compared to 4 percent last year.





311

Cattle feeders in 21 States expect to market 53 percent (3,366,000 head) of the
April 1, 1960 inventory during April, May and June. If intentions are carried out
marketing for this quarter would be 19 percent above the number marketed from the
April 1 inventory during April, May and June 1959. Feeders in the 26 States report
marketing intentions of 3,532,000 head during the April-June period, 53 percent of
the April 1 inventory. No comparable marketing data are available for these 26 States
during the same three months of 1959.
In 1959, actual marketing April-June in the 21 States were 6 percent more than
intended April 1. During 1956, 1957 and 1958 marketing in the 13 feeding States for
this quarterly period average 6 percent more than intentions.

Cattle and calves on feed by classes, by quarters,
April 1, 1959, January 1 and April 1, 1960
:Steers & steer calves :Heifers & heifer calves: Cows and others
State :Apr. 1,:Jan. 1,:Apr. 1,:Apr. 1,:Jan. 1,:Apr. 1,: Apr. 1,:Jan. 1,:Apr. 1,
: 1959 : 1960 : 1960 : 1959 : 1960 : 1960 : 1959 : 1960 : 1960


Pa. .
Ohio. :
Ind. :
Ill. :
Mich. :
Wis. :
Minn. :
Iowa. :
Mo. :
N.Dak :
S.Dak .
Nebr. :
Kans. .
N.C. States
Okla. :
Texas :
Mont. :
Idaho :
Wyo. :.
Colo. :
N.Mex.l/. :
Ariz. :
Utah.
Nev.l/. :
Wash./ :
Oreg./ :
Calif. :


1,





3,


Western States


21 State :
Total :
26 State :
Total 1/ :



N.C.States:
21 States :
26 States/


1,000 hea
60 75

159 159
155 143
471 523
79 100
77 91
269 279
081 1,102
214 212
59 74
180 151
468 454
145 204
337 3,492
24 42
104 159
22 32
77 82
31
175 199
25
139 195
24 28
22
89
46
311 503
1/ 1,252


4,273


4,787
5,000


Ld
68
139
1253
490
99
90
286
1,160
196
61
156
462
192
5,453
335
92
26
72
26
189
21
156
21
9
78
59
402
1,039

4,512
4,685


1,000 hea
7 6


31
71
157
28
21
131
362
58
28
68
218
62
1,235 1
19
50
16
56

141

42
18



55


33
79
165
29
29
137
401
80
45
91
204
87
., 380
26
97
335
51
21
182
27
64
27
11
23
16
133
588


1,619 1,999
2,097


;d
6
31
67
163
26
30
148
442
77
57
74
211
69
1,375 _
20
62
27
41
20
151
22
48
25
8
21
13
89
465


1,844
1,928


1,000 head
2 2


2
2


2
24

1
1
2
3


4


47


2
2

1
1

7
6
6
5
7
2
39
1
3
5
5
3
4
2
6
3
2
3


4
27
64

95
109


Percentage distribution of total


Pct.
72
72


Pct.
71
70
69


Pct.
71
70
70


Pet.
27
27


Pct.
28
29
29


Pct.
28
29
29


Pct.
1
1


Pet.
1
1


1j Data not available for April 1, 1959.


2
2
--

1

3
3
2
2
7
2
24
1
2
4
2
1
1
2
5
1

1


1
5
21

45
50


Pct.
1
1
1





312


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


Postal
U. S. Depar-


UNIVERSITY OF FLORIDA

3 1262 08735 7207


OFFICIAL BUSINESS

Form AMS-4/19/60
Permit 1001


University of Florida
Documents Librarian
I1-4-59 The University Libraries
LS-CLS Gainesville, Fla.


UNITED STATES FEDERALLY INSPECTED SLAUGHTER BY
MARCH 1960 with comparisons
(Thousand head)
Cattle : Calves Hogs


1960 : 1959 :1960 : 1959


:1960 :


REGIONS


Sheep and lambs

1959 : 1960 : 1959


N.Atlantic States
S.Atlantic States
N.C.States-East
N.C.States-N.West
N.C.States-S.West
S.Central States
Mountain States
Pacific States


124
42
278
504
162
158
122
207


105
34
259
426
124
113
99
175


135
28
162
65
10
53
2
26


119
21
148
54
9
47
2
23


514
575
1,481
2,295
587
541
1153
212


514
308
1,4135
2,191
535
468
93
212


195
1/
85
323
72
81
156
177


180
1/
104
347
77
87
166
182


Total 1,577 1,534 482 425 6,116 5,753 1,088 1,145
Other animals slaughtered under Federal inspection, (number of head): March 1960,
Horses 4,464; Goats 2,752. March 1959, Horses 5,55335; Goats 4,404. 1/ Not
available for publication. Data furnished by Agricultural Research Service.


Region




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