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 )
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serial   ( sobekcm )
federal government publication   ( marcgt )
statistics   ( marcgt )
periodical   ( marcgt )

Notes

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

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University of Florida
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:
AA00008493:00135

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 T



WOOL


00eYews5



WEEKLY SUMMARY

AND STATISTICS


LIVESTOCK DIVISION, AGRICULTURAL MARKETING SERVICE
U.S. DEPARTMENT OF AGRICULTURE
WASHINSTON 25, 0.O.


Vol. 28, No. 40


Week ended October 1


October 4, 1960


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


* 0 0 .

Cattle and

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* 6 0 0 0
* 0 0 0 .0

* 0 0
* 6 0 0 .0
* 0 0 0 .0
* 0 0 0 .


Special to this issue
Federally Inspected Slaughter and Revised Estimates of
Production, August 1960. . .* *
The Livestock and Meat Situation, October 1960 .


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


Meat
* 0
* .


Meat and Meat Food Products Inspected When Offered for
Importation, August 1960 o . *
Classification of Livestock Slaughtered in the United States,
August 1960 # 9 # 0 0 0 0 0 0 0 0 0 0
Percentage Distribution by Classes of Cattle Slaughtered
under Federal Inspection, August 1960 .*
United States.Federally Inspected Slaughter and Meat
Production, August 1960 . .
Commercial Livestock Slaughter and Meat Production,
August 1960 0. 0 .. .
Meats Graded or Accepted, by Grades, August 1960 .
Effective Parity Prices, September 15, 1960 o .
Prices Received by Farmers, September 15, 1960 o o


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ASs-*Wa8e


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MIDWEST LIVESTOCK REVIEW

and.,

RANGE AND FiEDLOT SALES


Trading on slaughter steers and heifers at
most Corn Belt terminals was rather slow. The
third straight week of lower prices in the car-
lot dressed beef trade had a bearish effect on
the live trade. Receipts of cattle at the 12
markets totaled 268,000 head, little changed
from the previous week, but 13 percent more
than the corresponding week last year. Slaughter
steers closed generally steady to 500 lower;
heifers 25-75f off. However, at Kansas City and
St. Louis slaughter steers and heifers closed
steady to 504 higher. Cows declined 500-$1.00.
At most midwest terminals stockers and feeders
were steady to $1.00 lower. Barrows and gilts
closed steady to 250 lower at most Corn Belt
terminals. However, at Omaha, St. Paul and
Kansas City as well as in the Interior Iowa-
Southern Minnesota and Interior-Illinois areas
prices were steady to 25 higher. Price trends
on spring slaughter lambs were very uneven with
closing sales generally strong to $1.00 higher.

SLAUGHTER CATTLE AND CALVES Slaughter
steer, heifer and cow prices declined under the
bearish influence of continued liberal market-
ings and lower trends on wholesale dressed beef.
Slaughter steers were generally steady to 500
lower. At Omaha sales were 504-$1.00 lower on
average-Good to Prime steers, but in Kansas City
and at St. Louis steers and heifers were steady
to 50f higher. Chicago received the largest
supply of slaughter cattle in almost four years
and prices on average-Choice to Prime steers
over 1100# were 504-$1.50 lower. At most points
the price spread between the various grades con-
tinued to narrow with weight continuing to be a
very important price determining factor. Slaugh-
ter heifers sold 25-750 lower at most points
aside from the steady to 504 higher trends at
Kansas City and St. Louis. Slaughter cows
closed generally 504-$1.00 lower. Bulls were
steady to 500 lower. Vealers were $1.00-Z.00
higher at St. Louis and St. Paul.
Several loads of Prime 1200-1400# slaughter
steers brought $26.50-27.00 in Chicago where the
bulk of the Choice and Prime sold at $25.50-26.50
with many loads of 1300-1500'/ weights from $23.50-
24.50. At other centers a few high-Choice and
mixed Choice and Prime steers moved at $24.00-
25.60; bulk high-Good and Choice sold at $22.75-
24.75. Most Good steers sold from $21.00-23.00
with Standard and low-Good $18.00-21.50. Few
loads high-Choice and mixed Choice and Prime
heifers brought $23.75-24.75. Choice heifers
cashed at $22.00-25.75 and Good $20.00-22.00.
Utility and Commercial cows $13.00-15.50, Canners
and Cutters $10.50-13.75.

STOCKER AND FEEDER CATTLE AND CALVES -
Shipments of stocker and feeder steers at the 7
markets totaled 41,900 head, compared 43,200 the


previous week, but little changed from corre-
sponding week last year. High-Good and Choice
550-950# yearldig and two-year-old steers made
up a relatively large percentage of the supplies.
Stock calves continued in very moderate numbers
at most terminals. Despite good late seasoeds,
pasture conditions and abundant supplies.of/acet
buyers were inclined to proceed very cautiously
due to downturns in slaughter cattle prices. As
a result, trading at midwest markets generally
was slow with prices unevenly steady to $1.00
lower. High-Good and Choice stock steers 500-
650# usually found most dependable outlet and
showed least decline. In contrast to the lower
trend in the midwest, prices at Fort Worth,
Wichita and Oklahoma City were strong to $1.00
higher.
A few loads Choice 510-650# stock steers
brought $25.75-26.00, bulk Good and Choice 525-
700# $21.50-25.50, few Good down to $21.00.
Choice 710# yearlings reached $25.75 and one
shipment Choice 750# $25.50. However, a very
few steers 700# or heavier exceeded $25.00.
Medium and low-Good stockers sold from $18.00-
22.00. Choice 795# feeders brought $23.75, ma-
jority Good and Choice 800-1000# steers $20.00-
23.50. Medium and low-Good feeders brought
$18.00-20.50, few loads mixed Common and Medium
$16.50-17.50. Good and Choice yearling heifers
sold from $19.00-235.50. Not many exceeded
$23.00, but at Sioux City five loads 511-550#
heifers reached $24.00. Good and Choice stock
steer calves sold from $22.00-28.00, same
grades heifer calves $20.00-25.50.

HOGS Terminal Markets Salable receipts
of hogs at the 12 markets totaled about the same
as the previous week, but was 20 percent below
the corresponding week a year ago. Composition
of the receipts was not much changed from recent
weeks in that mixed U. S. No.-1-3 and lots 2-5
190-250# barrows and gilts again predominated.
There was, however, a normal seasonal increase
in the percentage of barrows and gilts weighing
over 230#i Sows made up 7 15 percent at the
various centers. Although over-all outlets to
order buyers were not as broad as the previous
week,demand from these interests continued
fairly broad. Around 65 percent of the supply at
Indianapolis went on order buyer accounts.
Throughout the area, prices on barrows and gilts
fluctuated mildly during the week, but closed
generally steady to 25# lower despite price ad-
vances on most wholesale pork cuts. However, at
St. Paul prices finished 250 higher and steady
to 250 higher at Omaha and Kansas City. Sow
prices were uneven, but at most points followed
about the same trend as barrows and gilts.
On Friday, U. S. No. 1-2, and at some points
uniform in weight mixed U. S. 1-3, 190-250#
barrows and gilts brought $17.25-18.00, largely









$17.50-17.75. Late sales of mixed U. S. 1-5,and
U. S. 2-3, 180-270# brought $16.75-17.65, mainly
$17.00-17.50. U. S. 1-5, 270-600#Q sowe bulked
at $13.50-15.75, some U. S. 1-2, 250-330#
$16.00 at a few markets and up to $16.50 at
Chicago.
Feeder pig prices were strong at Sioux City
and steady at St. Paul. Medium and Good 130-16Q#
sold at $15.00-15.50 at Sioux City, Good and
Choice $15.50-16.25, with Good and Choice at St.
Paul bringing $15.50-16.00.
Average cut-out value advantage of U. S.
No. 1 over No. 5 live basis 200-220# barrows and
gilts was 990 per cwt. based on wholesale carlot
prices of fresh pork cuts at Chicago September
22 to September 28, 1960 inclusive.
HOGS Interior Iowa-Southern Minnesota
Area Receipts were about 5 percent less than
the previous week, and about 16 percent less than
the corresponding week last year. Bulk of the
supply consisted of U. S. No. 1-3 barrows and
gilts weighing 200-240#. Sows made up 10 percent
of the receipts. Trading was a little uneven on
most days with demand just moderately good for
the most part. Prices on barrows and gilts were
strong to 250 higher; sows 15-250 higher. Mixed
U. S. No. 1-3 200-240# butchers sold on Friday
from $16.25-16.85 with a limited volume of No.
1-2 $16.50-17.25. No. 1-3 270-400# sows brought
$14.00-15.90; No. 2-3 400-550# $12.50-14.75.

SHEEP AND LAMBS Receipts of sheep and
lambs at the 12 markets were 22 percent larger
than the previous week and 18 percent above the
corresponding period last year. Price trends on
spring slaughter lambs at various markets were
extremely uneven, influenced by uneven distri-
bution of receipts and an uneven dressed lamb
trade. Closing slaughter lamb prices were steady
to $1.50 higher, instances $2.00 up at Chicago.
However, sales were 504-$1.00 lower at St. Paul
and Denver. Slaughter ewes closed mainly steady
and feeder lambs uneven, but averaged steady.
Most Choice and Prime 80-110# spring slaugh-
ter lambs sold at $17.50-18.50 with 90-100#
range Colorado lambs $18.25-19.50 at Denver.
Choice and Prime lambs at Chicago and St. Louis
sold at $19.00-20.50. Good and Choice spring
lambs brought $16.00-18.00 with sales at Chicago
and Denver up to $19.00. Limited number of
Utility and Good lambs sold at $13.00-16.00.
Choice and Prime shorn spring lambs with No. 2
fall shorn pelts brought $17.50-19.50 with most
sales $17.50-18.50, and a few Good and Choice
loads and lots moved at $15.00-17.50. A few
loads Good and Choice 105-119% shorn yearlings
with No. 1 to fall pelts sold from $13.00-16.25.
Cull to Choice shorn slaughter ewes sold from
$2.00-5.00.
Good and Choice 65-85# western spring feeder
lambs sold from $16.25-18.00, a few small lots
Choice 49-54- Wyoming and Montana lambs reached
$19.00 at Omaha. Good and mixed Good and Choice
mainly native lambs went at $14.00-16.50. Numer-
ous sales of Good ard Choice solid mouth western


breeding ewes were made at $10.75-12.00 per
head and Good short-term solid mouth ewes went
out at $6.50-10iTO per head.
Sheep and lanmb receipts in the Interior
Iowa-Southern Minnesota area were about 5 per.
cent more than the previous week and about the
same as the corresponding week last year.
Around 35 percent of the run came from outside
the area. Closing spring slaughter lamb prices
were weak to 500 lower with most price decline
on shorn lambs. Slaughter ewes sold mostly
steady. Choice and Prime 80-105# spring
slaughter lambs closed at $17.50-18.00 with
shorn No. 1 and 2 pelt lambs mostly $17.50.
Good and Choice lambs went at $15.50-17.50.
Cull to Choice shorn slaughter ewes $2.00-4.00.

RANGE AND FEEDLOT SALES

Note: Shrink on most range and feedlot
sales none to 5 percent, mostly 4 percent f.o.b.
some with short haul and 3 percent shrink. All
sales for immediate delivery unless specified.

ARIZONA, CALIFORNIA, NEVADA, AND UTAH -
Direct sales on slaughter steers and heifers
were weak to 500 lower, instances $1.00 off.
Country trading on stocker and feeder classes
confined principally on calves, these steady;
slaughter lambs weak to 500 lower.
Slaughter steers: High-Good to average-
Choice 900-115O $253.25-24.50) average-Good to
low-Choice 875-1175# $22.40-25.50, comparable
grades 1100-1250# $22.00-22.75. Loadlots
mostly Good 860-1100# $21.00-22.00; Standard
and mixed Standard and Good $19.00-20.90.
Slaughter heifers: High-Good to average-
Choice 750-1025# $21.50-23.50; 3 loads Good
750# $20.50.
Stockers and feeders: Good and Choice
650-700# steers $21.00-22.25, heifers $19.00-
20.25, small string Good and Choice 600# heif.-
ers $18.25; 300 mostly Choice 400-450# stock
steer calves $25.00. Good and Choice mixed
stock calves 350-485# $23.00-25.00 on steers,
bulk $24.00-24.50, heifers $21.00-23.00.
Lambs: In California, loadlots Choice and
Prime 100-105,/ shorn with No. 1 to fall shorn
pelt $17.00-17.50. In Utah, Choice and Prime
90-10C# wooled $17.00-17.50.

COLORADO, SOUTHERN WYOMING, WESTERN
NEBRASKA, AND WESTERN KANSAS Trading on
slaughter cattle direct at feedlots was active
early in the week, but after Wednesday very
slow. Slaughter steers sold steady to 250
lower; heifers steady to 750 lower late sales
50-750 off. In Colorado 18 loads average and
high-Choice 975-1225 slaughter steers, some
loads carrying an end of Prime $25.00-25.25; 59
loads Choice 1050.1575# $24.00-24.95; 11 loads
high-Good and Choice 1150-1375# $23.00-23.50;
10 loads Standard to mostly Good 950-1030#
$21.50-22.25. Four loads average-Choice to
Prime 927# heifers $25.00; 14 loads average-






736


Choice 850-105Q? $24.50-24.65; 126 loads Choice
900-975# $23.50-24.50 late bulk $25.50-24.00;
14 loads high-Good and Choice 925-1000Q $23.00-
25.50.
Demand was good for stocker and feeder
cattle and calves with sales and contracts on
15,700 head confirmed at steady prices,instances
strong to $1.00 higher on stock calves. Wyoming
and Sandhills of Nebraska: Good and Choice
885-105Q0 2-year-old steers $20.80-22.45. Good
and Choice 575-845# feeder steer yearlings
$22.75-24.80, few Choice 625-675# steers in
Wyoming $24.50-25.00. In Nebraska 300 head
Choice and Fancy 755# steers $26.00. Good and
Choice 492-681# heifers $21.30-22.60. In
Wyoming 275-375# steer calves $27.00-28.00, 270-
355# heifer calves $23.50-26.50, mostly $24.00-
25.00. In Nebraska 300 head Good and Choice
450# calves,steers $26.00, heifers $24.00.
Colorado: Good and Choice 650-750# steer
yearlings $22.50-23.50; around 1,000 mostly
Good 690# steers $21.15; 1,050 Medium 675#
$17.50. Good and Choice 640-680" heifers $22.00.
300 Good and Choice steer calves to weigh around
400# late October $26.00. Good 3-6 year old
stock cows $165.00-175.00 per head. Western
Kansas: 800 Good and Choice 700# steers mid-
October delivery $23.00. Good and Choice 625-
700# heifers $21.00-22.00.
Demand for feeder and slaughter lambs was
good early, but poor on the close. Early salesE
were steady, but closed 50-750 lower. On the
Wstern Slope of Colorado around 25,000 were
sold. Choice and Prime 88-101# range spring
slaughter lambs $17.50-18.00, few loads Choice
82-100# slaughter lambs $16.50-17.25. Good and
Choice 72-79# feeder lambs $16.00-16.50, 4 loads
85-88# $15.00. In Northern Colorado 2900 Choice
and Prime shorn spring slaughter lambs 100-107#
$18.00. Wyoming: 10,000-12,000 Good and Choice
64-75# feeder lambs $15.50-16.00.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Stocker and
feeder sold steady, trading extremely slow;
slaughter steers and heifers brisk early, but
closed slow, trend steady. Two loads low to
average-Choice 1100# slaughter steers $24.00;
4 loads Good and Choice 950-1100 $22.25-23.50;
28 loads Standard and Good 925-1225# $19.00-
21.50. One load Choice 9653# slaughter heifers
423.00; 11 loads Good and Choice 750-9253#
$21.50-22.50; 4 loads Standard 905# $20.00.
Good and Choice 550-650# stock steers $22.00-
23.50, 3 loads Medium and Good 900# feeders
$19.00. Good and Choice 600-675# feeder heifers
$20.50-21.00. Over 2,000 Good and Choice 400-
500# stock calves, steers $24.00-26.00, heifers
$22.00-24.00. About 10,000 Good and Choice 70#/
feeder lambs for October delivery at $14.00.
Amarillo Area Stocker and feeder steers
and heifers steady to 250 lower, stock calves
steady to strong. Slaughter cattle steady to
500 lower, instances $1.00 off. Nine loads Good
and Choice 1075# slaughter steers $22.00-23.00;


35 loads Standard to mostly Good 1000-1400#
$20.50-22.00; 17 loads Good and Choice 875-100Q#
slaughter heifers $20.00-22.50. Around 4,500
Good and Choice 700-850# feeder steers $21.00-
22.40, 900-925# weights $20.50-21.00; Good and
Choice 550-675# stock steers $20.90-25.75. Good
and Choice 575-650# heifers $21.00. 2,000 Good
and Choice 400-450# calves, steers $24.50-25.00,
heifers $22.50-23.00; 4,500 575-450# October
and November delivery steers $25.00-26.50, heif-
ers $22.00-25.00; 1,400 Choice and Fancy 325-
460# calves immediate through October delivery
steers $26.00-28.00, heifers $23.25-25.00.

IDAHO, OREGON AND WASHINGTON Slaughter
steers weak to 500 lower in Washington; sales
in Idaho $1.00-1.50 lower; slaughter heifers
fully 500 lower over both states; stocker and
feeder cattle weak to 500 lower, instances $1.00
off in Oregon; stock calves steady to weak;
slaughter spring lambs about steady.
Slaughter steers: Washington Mostly
Choice 1,000-1,200# $24.50-25.00, mixed Good and
Choice 1,050# $24.00. Idaho Good to mostly
Choice 1,055-1,125# $22.00-23.25. Slaughter heif-
ers: Good and Choice 850-1050# $21.00-25.00 over
the area.
Stockers and feeders: Washington Mixed
Good and Choice and mostly Good 700-750# steers
$21.50. Good and Choice 400-45Q0 mixed stock
calves $24.00-25.00 on steers, $21.00-22.00 on
heifers. Idaho Good and Choice 700-725#
yearling steers $21.00 with 535W yearling heifers
$19.00. Oregon Good and Choice 600-910# mixed
steers and heifers $21.00-21.50 on steers,$19.00
on heifers. Good and Choice 425-450# stock
calves $24.00 on steers, $22.00 on heifers.
Slaughter spring lambs: Washington Choice and
Prime shorn 100-102# $16.75.

MONTANA, NORTHERN WYOMING AND WESTERN
DAKOTAS Direct trading on stocker and feeder
cattle was rather slow. Prices were unevenly
steady to 500 lower under a narrow demand. In
Montana: 70 high-Choice and Fancy 675# steers
$24.00; 600 Choice and Fancy 700-850# yearling
steers $23.25-23.50; 2,500 Good and Choice
mixed yearlings, steers 700-850# at $21.50-23.00,
heifers 525-750# $20.00-21.00; 27 average and
high-Choice 806# two-year-old heifers $20.75.
Calves: Trading moderately active, about steady.
Montana: 110 Choice and Fancy around 400# steers
$27.00-28.00; 210 high-Choice 400# steers
$26.50, heifers $24.00; 4,745 around 370-450#
Good and Choice steers $25.00-26.00, heifers
$21.00-24.00. Northern Wyoming: 1,075 average
to mostly high-Choice 375,.425# steers $26.00-
27.00, heifers $24.00.
Feeder lambs steady to 250 lower; breeding
ewes fully steady. Around 17,500 Good and Choice
70-85# feeder lambs $15.00-15.50; 5,500 Good and
Choice 100-115# yearling breeding ewes $16.00-
17.00; 4,500 Good and Choice 4-5 year-old ewes
$7.50-11.00 per head.





Steers 1001# up ............
901-1000 .............
801-900 .............
701-800 .............
501-700 .............

Total steers 10 markets ......
Av. wts. n n ......*
Av. cost* ......
" Chicago .........
" Kansas City .....
" Omaha ...........
i" S. St. Paul .....
" Sioux City ......
" Denver ..........
" Ft. Worth .......
" Oklahoma City ...
" S. St. Joseph ...
" St. Louis NSY ...
Total calves 10 markets ....
" heifers ....
" cows ....


517 925
2,401 1,816
5,505 5,539
10,650 10,924
25,020 25,961


41,895
699#
$21.66
21.40
20.94
25.20
21.87
22.76
22.40
18.51
19.42
19.58
20.52
16,298
7,855
626


45,165
698#
$21.57
20.87
20.89
22.86
22.00
23.17
22.74
19.19
18.93
20.74
20.51
22,269
7,467
785


1,081
5,276
5,989
9,573
21,938


41,857
710#
$25.81
27.10
25.50
26.83
24.97
26.97
26.79
23.49
23.58
25.82
23.73
16,615
9,289
1,257


1,996
8,478
16,998
23,585
49,507


100,564
711#
$21.20
23.02
21.23
22.20
19.93
22.90
21.78
19.82
19.79
20.75
20.61
66,898
18,162
35,575


4,226
15,688
18,320
19,878
49,186


105,298
751#
$26.25
26.49
25.96
27.04
25.79
27.70
26.39
25.75
25.60
25.76
25.92
57,859
21,089
2,553


2,945 6,060
11,692 20,751
24,786 51,270
56,969 52,121
81,277 83,23355


157,669
703#
$21.36
23.20
21.40
22.21
20.38
23.02
22.08
20.533
20.09
20.94
21.20
123,294
27,606
5,714


175,415
726#
$26.44
26.94
26.15
27.20
24.44
27.81
26.27
25.83
25.86
26.04
25.84
101,242
54,054
5,098


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
W Kansas S St. Sioux S. St.Indian- Ft. Okla. : San
Week ended :Chicago: :Omaha: Louis: It. :Daenver: Wichita:
: City t :Joseph: NSY :City Paul apolis : Worth: City : :Antonio
-Stockers and feeders----------------------------------------------------
Stockers and feeders


17 11 57 15
20 9 54 10
14 113 55 10
Slaughter cows


9 8 17
7 9 15
12 9 14


6 25
5 20
5 25


25
45
35


15
17
18


55
70
65


20
20
15


76
75
78


65
62
65


12 16
12 12
15 14


Sept.
Sept.
Oct.


Sept.
Sept.
Oct.


30, 1960
25, 1960
2, 1959


50, 1960
23, 1960
2, 1959


22
5533
29


55
54
56


11
11
10


4
5
5


60
60
45


18
15
15


S -tl -e SCel a- -" o n -Si$vd las- -
Market : Oct.1 : Oct.3 : Oct.1 Oct.3 i Oct.1 : Oct.5 Oct.1 Oct.3
190--- ------ ---I- 1 _6 1 __ 0 9_ % 1 99_ _
Chicago ................ 52,494 59,984 552 749 52,754 40,227 4,006 4,490
Cincinnati ............. 3,688 4,264 741 866 15,610 12,592 1,891 1,105
Denver ................. 14,518 11,450 524 469 4,161 4,502 50,460 29,250
Fort Worth ............. 9,565 8,865 1,621 2,977 2,546 2,794 5,958 5,553
Indianapolis ........... 7,997 8,020 1,095 757 355,085 41,082 2,758 5,558
Kansas City ............ 25,567 28,254 1,510 1,959 15,540 16,257 5,224 4,695
Oklahoma City .......... 12,361 10,419 2,560 1,685 5,727 5,946 760 851
Omaha .................. 46,019 40,869 1,694 1,504 54,978 45,159 16,423 18,732
St. Joseph ............. 17,544 14,791 760 718 235,928 50,322 4,945 5,565
St. Louis NSY .......... 19,200 14,695 3,000 2,650 55,258 67,470 4,042 4,984
Sioux City ............. 34,392 5533,954 1,017 2,572 27,101 59,886 135,210 10,084
S. St. Paul ............ 25 448 21778 8197- 7 527 46812 62J41 17- 91- 2 5
Total ................. 268,191 237,325 22,869 25,975 2935,078 366,758 126,748 107,808
Seot 24 1960 269,522 235,665 286,855 105,672
-- ------------^ oAADSOTENMrE~I---------~
INTERIOR IOWA AND SOUTHERN MINNESOTA
Oct. 1, 1960 Sept. 24 1960 Oct. 5, 1959
Hogs *.... 551,000 568,000 419,000
Sheep .... 30,900 29,900 31,500
-----------------------------------------------------------------------------
STOCKER AND FEEDER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
: Week ended : Month T-om n-u h-
SSept.29 : Sept.22 Oct.1 : Aug. Aug. : Juy-aug.
_- -6-- -_26. 1 -119U 1 6 -- I 1190 6- I _- 5


WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS











3
2
-

:~-


Grade


Pr.me..........
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.....

P>-4 i


STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER -- -- -

Number of head Percent of total Average weight Average price in
N by grades (pounds) :dollars per 100 Ib.
- -- -- ----- : -- -- --- : -- --- -- -- -- --- ---
Week ended
Sept.29 U Oct.1 2 Sept.29 : Oct.1 t Tept.29t Oct.1 Sept.29 t Oct.1
1- po J. .5 J 9o. 2 __j5 10 __ _1 -: Q _1 1959_9 : J9 ..__ Jaa -
CHICAGO


5,920
25,2053
8,056
457
2
508
57,906

260
9,8453
5,550
812
52
16,517
m us 55

7,755
4,277
636
453


5,449 15.6 12.9 1,261
18,200 61,2 68.1 1,172
4,527 21.2 17.0 1,060
410 1.2 1.5 955
-- .0 1,645
121 .8 .5 954
26,707 1,158
OMAHA
65 1.6 .5 1,153


6,621 59.6 51.1
5,511 55.6 42.5
652 4.9 5.0
121 .5 .9
12 970
- -J- CITY- -
105 53 1.0
5,464 60.8 54.4
4,065 55.6 40.5
580 5.0 3.8
30 .5 .5


12,744 10,044

6 50 .1 .9
2,961 2,309 51.0 41.0
2,076 2,905 55.7 51.6
666 275 11.4 4.9

106 88 1.8 1.6
5,815 5,625
--------- -- -- --- -


en-- -- --
1,571 543 25.9 13.5
3,272 2,774 54.0 68.8
763 383 12.6 9.5

455 330 7.5 8.2
6,059 4,030

---------- ----- ----M


5,199 3,544
5,366 2,157
422 569
55 34
7,040 6,304
-----------


45.4
47.8
6.0
.8


56.2
34.2
9.0
.6


1,161
1,075
1,071
967
1,126

1,275
1,141
1,067
1,035
1,014
19111

1,020
1,144
1,117
1,046

1,077
1,122


1,088
1,071
921

914
1,045


1,150
1,072
1,085
956
1,098


1,0653
1,040
1,016

909
1,050


1,260
1,155
1,044
994

1,056
1,147

1,162
1,127
1,0635
1,0453
965
1 095

1,305
1,148
1,064
1,054
1,002
1,111

1,175
1,128
1,089
1,112

1,054
1,106


25.62
24.55
25.51
21.57
21.49
20.00
24.47

24,753
25.66
22.55
19.88
17.96
25.07

i 25.00T
25.92
22.54
20.24
17.72
25.29

25.25"
25.95
22.48
19.98

17.44
22.89



24.28
25.12
20.65

17.72
22.80


1,150 25.95 26.40
1,075 22.54 24.84
1,074 19.27 22.94
964 16.76 19.74
1,105 22.97 25.54
--------- -----


mo- mf-E-E -


sme....00.00. .. -- -
Choice**.........***** 2,254 1,159 75.5 58.0 1,149 1,106 24.52 27.06
Good...****........* 716 794 24.2 59.8 1,049 1,073 22.64 25.94
Standard*....... 44 2.2 1,064 21.03
Utility........ 15 .5 838 -- 15.70 -
All grades..... 2 965 1 997 --1-- ---- I2 2406 26.49
/ Data collected by Agricultural Estimates, and Livestock Divisions, A.M.S.


28.47
27.07
25.59
25.91

21.10
26.98

27.52
26.50
24.89
22.95
21.81
25.52

28.05
26.56
24.89
22.76
21.51
25.67

27.953
26.77
25.10
25.67

19.74
25.68



27.19
25.58
23.18

20.59
25.08







WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS

S Cattl.e : Calves : Hogs : Sheep and lambs
City or Area Lc3. 1 Tlot.3 ~:d.l TS I t.- o -o.t7 I -1ct.~-1 :ctl.-s -
t 1960 t 1959 : 1960 t 1959 : 1960 s 1959 : 1960 : 1959


Boston, New York City Area...
Baltimore, Philadelphia......
Cin.,Cleve.,Detroit,Indpls...
Chicago Area.................
St. Paul-Wlsc. Areas.........
St. Louis Area...............
Sioux City-So. Dakota Area...
Omaha Area...................
Kansas City..................
Iowa So. Minnesota.........
Lou'l.Evantl.Nashtl.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...


14,278 12,847
9,488 8,119
21,392 19,544
19,911 16,285
55,884 25,962
15,848 10,151
24,187 19,552
45,807 55,545
17,545 17,696
55,319 355,565
8,154 6,148
10,3558 4,781
20,921 20,659
14,248 10,269
19,269 16,656
29,021 23,470
9,145 7,876


12,755
2,772
5,015
7,417
25,625
5,825

226

9,115
5,001
7,580
1,557
5,624
292
1,501
474


9,100
2,016
5,176
7,446
21,535
3,179

259

9,155
2,719
1,566
1,950
5,608
191
817
369


54,555
28,076
152,459
50,161
99,914
70,484
94,857
74,628
29,661
274,709
49,667
29,565
58,851
14,059
17,278
24,140
16,716


50,039 40,686
28,218 3,781
152,255 13,428
54,752 6,527
106,554 21,454
76,444 4,085
116,872 18,251
86,594 15,226
52,987 -
341,484 55,8355
46,777 -
18.021 -
64,669 9,743
18,795 26,523
15,060 43,299
32,768 54,559
19,825 9,940


Total...................... 544,555 288,683 88,557 70,844 1,079,578 1,259,672 283,115 236,058
Accumulation to date..... 11,892,854 2,641,668 42,718,560 9,450,561
10,785,666 2,487,683 42,972,724 8,890,658


ESTIMATED---------------- FEDERAL INSP----------------------ECTED DAUGHTER AD MEAT PRODUCTION
ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION


S Beef Veal:
W e nded :t Ve :(excl. lard) : and mutton _
Week ended -m : -i 7m ~- ~-NM: T : 7 :
W ber Prod': ber : Prod : ber : ber Prod
1,000 mil.2b. 1,000 mil.lb. 1,000 mil.lb. 1,000 mil.lb. I

Oct. 1, 1960 .............. 420 241.9 125 15.4 1,250 168.2 510 14.5 4
Sept. 24, 1960 .............. 405 254.1 115 15.6 1,255 171.1 295 15.6 4
Sept. 10, 1901/,............ 361 105 1,010 281 -
Oct. 5, 1959 0............. 549 204.6 101 12.1 1,418 188.7 261 12.0 4


Percentage change from:
Sept. 24, 1960 .............
Oct. 3, 1959 .............


T

p

i
i
5
1t


otal Total
eat lard
rod. : prod.

l.1b. mil.lb.
9.8 -
2.4 -
-- 50.0
.7.4 44.2


0 -2 5 5 2
-12 -11 19 19 5


t -- Average _we -hlTl -__ : Lard
Week ended : Cattle Calves I Hogs 2/ s heep yield
: : 1 and lambs : per
: LT ve Dressed : I v :Dr-ssee : -The-D e CCid "I~ve 7 Drsaes -: 100 lb.
Oct. 1, 1960 ............... 1010 576 215 123 254 135 96 46
Sept.24, 1960 ............... 1005 578 205 118 257 156 95 46 --
Sept.10, 1960 ............... 1015 584 215 124 255 154 95 46 -
Oct. 5, 1959 ............... 1025 586 205 120 232 155 95 46 15.4
------------------------------------------------------------------
Actual slaughter. g/ Excludes lard.


ACTUAL FEDERALLY INSPECTED SLAUGHTER AND REVISED ESTIMATE OF MEAT PRODUCTION
BY WEEKS, AUGUST 1960
Cattle : Calves : Hogs : Sheep and lambs : : Lard
------------------------------------------------------ --------
eek : Av,- : : Av.: : :Av. : : : Av. t :Total : Yield :
ended Num- : dr. :Prod. Num- dr;ProdNum- :dr.1/ Prod.! dr. : Prod. : meat s Prod.
bber e dr : ::prod. : lb.:
S : wt. : : wt.: : :wt.- :_ : : wt. : Iprod. lb.
---------------------------------------------- ------------------------
1,000 lb. mil.lb. 1,000 lb.mil.lb.1,000 lb. mil.1b. 1,000 lb. mil.lb. mil.lb. lb. mil.1b.
Aug. 6 377 580 218.5 89 159 12.4 1,069 159 148.1 272 45 12.2 591.2 14.0 34.2
15 398 582 251.8 97 155 12.9 1,119 139 156.1 275 45 12.4 415.2 14.0 56.6
20 595 580 229.0 98 130 12.7 1,1553 139 157.0 280 45 12.6 411.5 15.9 36.9
27 582 577 220.6 101 150 15.1 1,172 155 158.8 256 46 11.8 404.53 135.8 59.6
Sept. 5 407 569 251.4 106 131 15.9 1,155 156 155.8 266 46 12.2 411.5 15.6 56.9

I Excludes lard.


28,690
5,747
17,155
7,193
12,026
5,791
16,498
15,944

54,267


12,475
21,572
27,458
51,896
5,566


131 15.9 1,155 156 155.8 266 46 12.2 411.5 15.6 56.9

I Excludes lard.


28,690
5,747
17,155
7,193
12,026
3,791
16,498
15,944

54,267


12,475
21,572
27,458
51,896
5,566














Classification


Steers -


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


Heifers -
Choice*
Good**
Standard


700-900#
600-800
- All wts.


Cows All weights -
Commercial
Utility
Cutter
Canner


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

: Oct. Oct. Oct., Oct. Oct.. Oct. Oct., Oct. Oct.: Oct.
1 : 5 1 : 5 : 1 : 5 : 1 5 1 : 5
: 1960 1959 1960: 1959 1960: 1959 : 1960, 1959 1960, 1959

Slaughter cattle, calves and vealers


25.65
25.82
24.78
24.60
25.05
21.45


25.55

19.62


15.15
14.62
15.70)
11.75)


28.60
28.60
27.25
27.12
25.48
23.65



24.25
22.40


17.42
15.50
13.75


24.50
24.52
22.58
19.62


253.25
21.50
18.75


15.58
14.45
15.25)
12.15)


27.00
26.65
24.88
22.12


26.25
24.05
21.25


17.50
16.00
15.70


25.10
25.10
25.72
25.80
21.92
19.75


25.00
20.88
18.52


15.60
14.58
15.20)
12.40)


27.75
27.88
26.52
26.62
24.45
22.70


25.70
25.62
22.02


17.45
16.00
14.00


24.48
24.50
20.92
18.00


235.72
20.60
17.00



15.45
15.50)
12.22)


27.02
27.02
24.25
21.00


25.62
25.58
20.50


17.00
16.70
14.60


24.69
24.19
23.22
20.51


22.88
22.12
19.50


16.58
14.88
12.62)
10.62)


weights -


Bulls All
Commercial
Utility


Calves 500# down -
Choice
Good
Standard

Vealers All wts. -
Choice
Good
Standard


Steers -
Choice
Good
Medium


Heifers -
Choice
Med. & Gd.


500-800#
500-800
500-1000


500-750#
500-750


18.00 20.85 16.25 19.50 16.95 20.85
18.55 19.60 17.50 19.20 16.88 20.35


24.50
25.00
19.50



25.50
25.00
20.25


52.60
28.70


19.75
17.75
16.00


22.00
20.00
17.50


25.00
25.50
21.25


29.25
26.50
24.25


21.50
19.25
16.50


18.70 22.25 19.50


27.50
25.75
25.25


Feeder and stocker cattle and calves


30.75
27.25
24.75


24.32
21.90
19.50


29.50
26.50
25.25


24.62
22.28
19.58


-- .. 22.65 26.50 22.88
- -- 19.75 23.00 19.50


29.75
26.50
24.15


24.50
25.00
19.50


27.35 22.12
24.00 19.25


28.00
25.75
25.00


--
21.00
19.00


26.25
24.00
20.62



25.00
21.00
19.00


25.62 21.50 24.75
25.25 18.25 21.25


Cows All wts. -
Med. & Gd.

Calves 500-500# -
Steers -
Good & Choice

Heifers -
Good & Choice


-- 14.12 17.00 14.75 17.75


-. 25.50 51.50 26.00 55.25


- 22.50 29.50 24.25 50.70


14.75


25.00


22.50


17.50


52.00 23.00 28.00


50.50 21.00 27.00


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


--

28.25
27.50
27.00
24..75



26.12
24.00


18.50
16.50
12.50


21.75
22.50



26.00
25.00


31.00
28.50
24.50



26.50
24.75
22.00


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742


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 a City Joseph Paul apolis cor-
Yards bined
--------------------------------- -------- ------- i------
AVERAGE COST Dollars per 100 ounds
Barrows Oct. 1,1960 17.48 17.48 16.99 17.09 17.13 17.03 17.00 17.63 17.26
and Sept.24,1960 16.68 16.88 16.61 16.56 16.66 16.57 16.46 17.01 16.69
gilts Oct. 5,1959 15.42 15.59 15.59 15.30 13.26 13.56 12.83 135.55 15.50
Oct." 1,960 14.76 14.61 14.3 14.70 14.78 14.66 14.34 14.40 1458
Sows Sept.24,1960 14.14 14.25 14.17 14.45 14.50 14.29 14.01 14.05 14.25
Oct. 5,1959 11.06 11.35 11.52 11.50 11.46 11.71 10.82 11.32 11.26
AVERAGE WEIGHT Pounds
Barrows Oct. 1,1960 226 214 229 227 226 223 221 222 222
and Sept.24,1960 226 216 225 228 227 223 225 225 225
gilts Oct. 3195 225 2 .13 222 25 226 217 222 220 220
Oct. 1,1960 408 383 408 398 388 372 386 427 395
Sows Sept.24,1960 412 581 590 402 585 370 586 450 595
oct. -.195.9 402 .50288 9 4 402 394 69 91 412 395
NUMBER OF HEAD -
Barrows Oct. 1,1960 23764 48717 13642 27601 22526 20518 35319 27828 219915
and Sept.24,1960 23612 43857 13099 25854 25027 18158 36844 29576 213827
gilts Oct..... 29608 60500 ..14410 36788 4568 2537 42677 55721 279645
Oct. 1,1960 3969 4035 1010 4910 3443 2398 6135 3143 29043
Sow. Sept.24,1960 4076 5455 1020 5208 4527 2571 6759 5464 51058
ot...195.9.... A ....4729 ... 5... A?6.2 ...4047... AQ99 ..--.7 73.l... --6.-46.
SOWS Percentage of total
Oct. 1,1960 14 8 7 15 13 10 15 10 12
Sept.24,1960 15 7 7 17 16 12 15 11 15
....... t,.. 5.9.......14. ...... 7 ....... 7 14...... 111 ..... ...... s 5 9 1....1.
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG. COMPARED WITH PRICES OF LIVE HOGS. CHICAGO
----------- --------^ ----------- --- -- -------f-? --- -- -- l y 0 -?! --------
Hog products 1/ Hog prices ?Y orr ar ne3
.................... ................... ..-.' ............... ---r margin .......
Oct. 1,1960 $19.21 $17.68 $1.53
Sept.24,1960 18.90 16.94 1.96
ct...5,1959...... ......... 15.8.9............. ..13...............r 4..........
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,
T/ Difference between wholesale product value and hog prices.
HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
Barrows an Corn, e Hog-corn
Week ended glts I/ No. 3, ye low price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
Oct. 1,1960 17.48 111.2 15.7
Sept.24,1960 16.68 114.1 14.6
Oct. 35,1959 13.42 116.3 11.5
1/ Weighted average. 2/ Simple average.





Sales of greasy domestic combing wools at
the Boston market were limited and demand was
poor. Few sales trended easier. Trading for
woolen wools was slow. A fair volume of scoured
pulled wools sold at unchanged prices while
noils were slow, but about steady. Range sales
in the territory States, as well as sales in the
fleece wool States, were limited. Occasional
lots of mostly 12 months wools sold in Texas.
Cabled reported from Australia showed the
Continent and Japan active with the United
Kingdom operating sparingly. Continental buyers
were the principal operators in South Africa
with some participation from the United Kingdom
and America. Offerings from New Zealand con-
sisted primarily of carpet crutchings. Trading
in South America was slow.
Fleece Wools Graded 64s good French comb-
ing and staple fleece wool sold around $1.08
clean basis.
Territory Wools Sales were too limited
to test prices.
Texas Wools Trading in Texas was slow.
Original bag 12 months good French combing and
staple cost around $1.10-1.12 clean basis landed
Boston and choice delaine type wools brought
$1.15-1.18 delivered.
Mohair Original bag mohair sold in Texas
at 76j 7or adult and $1.11-1.161 for kid hair
to the warehouse while straight kid mohair alone
was moving in small lots from $1.40-1.50 to the
warehouse. Activity in the Boston market was
limited with few sales of mostly 24s tops around
$1.40. Approximately 3,000,000# of fall mohair
has been sold to date with estimates of ap-
proximately 8,000,000# remaining unsold.
Foreign Wools Trade in spot foreign wools
was slow. Cabled quotations at week's end follow
with combing wools converted to clean U. S. oil-
combed yields and short wools to scouring yields,
in bond.


Australia
Oil-combed
77B $1.05
78B 1.04
79B .98
80B .95
432 .953
433 .89
454 .86


Montevideo
Super Skirted
60/648 90*-910
60s 88#
58/56s 850
56/50s 85f
50s 800-810
(Quotations
Nominal)


South Africa
Oil-combed Scoured Yields
7 $1.05 17 $1.00
8 1.05 22 .99
12 1.05 25 .98
47 1.05 27 .97
48 .99 28 .96
52 1.00 52 .94
53 .97 55 .90


Carpet Wools Trade in spot carpet wools
remained dormant. There were occasional sales
of greasy Buenos Aires November second clip
carpet wools at 72-753# clean fibers present
for October-November shipment. Shippers were
asking 76# clean fibers present for Buenos
Aires carpet fleeces.* New Zealand shippers
were asking 76-770 for carpet fleeces, 75f for
second shear wools and 69-70f for crutchings,
all clean fibers present.
Woolen Wools Sales follow:

Scoured Pulled Domestic


64s
58/60s
58s
56s
56s
56s


2-59" tinged
lj-24u ch. wh.
2-50 ch. wh.
2-5" ch. wh.
2-5" tinged
2J-5" ave. sti


i


56s 2-53" light gray
Scoured Shorn Domestic
Med. lambs fair color


$1.20
1.05
.99
1.00
.98
2 .96


$.89


Greasy Pulled Domestic
(Clean basis)
56s 24-53" choice $.97
Scoured Pulled Foreign
Arg. 56s 2-3" choice white $1.10
Scoured Shorn Foreign
Aust. 64/70s fleeces ave. 24"
good color $1.20
Aust. 64/70s pieces ave. 2f"
ave. color $1.07-1.09
Wool Tops Trading was slow. Quotes
follows
Warp Aust. D/C Warp Dom. D/C
70s $1.80 .1.774
64s 1.74 1.68
62s 1.68 1.60
60s 1.63 1.51
58/60s 1.59 1.49 N
Oil-combed Territory Fleece
58/60S 1.57 $1.47 N -
S6s 1.45 N $1.40 N
50/56s 1.40 N 1.57 N
48/50s 1.335 N
(N-Nominal)

CLOSING FUTURES QUOTATIONS Sept. 29,
1960 (Furnished by the Wool Assoc. of the
New York Cotton Exchange)
October wool tops $1.455
December wool tops 1.425
64s grade 2.55" minimum length
October wool $1.068
December wool 1.087
64s grade 2P" ave. stretched length


BOSTON WOOL MARKET REVIEW









WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEWS

EASTERN SEABOARD Trading was fairly ac-
tive for bulk of the fresh meats at most eastern
seaboard markets. Beef hindquarters were
slowest to move with outlets at Washington and
Philadelphia very poor and some carryover at
these points. Steer hinds and ribs along with
heavy calf carcasses closed slow at New York
with a rather large volume carried over. Spring
lamb cleared well and pork met wide distribution
with clearance quite prompt. Supply of pork was
moderate. Volume of steer beef was normal.
Spring lamb was slightly below normal and veal
about normal, with small volume Choice and
Prime inadequate in instances. Steer beef
closed steady to $1.00 lower; cow beef mostly
steady, except $1.50 lower at Philadelphia.
Veal prices were steady to mostly $1.00 lower;
calf uneven, mostly steady, except $1.00-2.00
lower at New York. Spring lamb sold steady to
$2.00 lower. Pork loins, Boston butts and
fresh skinned hams sold steady to $3.00 higher,
spareribs steady to $3.00 lower. Outlet was
moderate for kosher steer beef but poor for
spring lamb, veal and calf foresaddles. Prices
for kosher steer forequarters closed steady to
50# lower; spring lamb $1.00-3.00 off. Small
supplies of Choice and Prime kosher veal fore-
saddles sold $2.00 higher, other grades of veal
and bulk calf steady to weak.

CHICAGO Supplies of steer, heifer and
cow beef as well as spring lamb was normal and
fully adequate for demand. Volume of fresh
pork and veal was moderate with Choice and Prime
veal rather scarce. Bulk of the steer and
heifer carcasses graded Good and Choice. Prices
held near steady the forepart of the week, but
declined at midweek under the bearish influence
of increased marketing of live steers and
heifers locally. Trading on beef rounds became
progressively more active during the week and
sold $1.00-2.50 higher while chucks turned slow
and declined $1.00. Spring lamb trading was
fairly active. Good to Prime veal was rather
active, other grades slow. Fresh pork cuts
moved readily.
Steer and heifer beef closed mostly 500
lower; spring lamb steady to 500 higher; veal
steady; pork loins $2.00-3.00 higher; Boston
butts 4-8# $1.00-1.50 higher; spareribs steady
to 500 higher.

PACIFIC COAST Trading was rather slow
on an abundant supply of carcass beef. Calf
and veal supplies were adequate for a fair de-
mand. Demand was moderate on a slightly re-
duced supply of spring lamb. Fairly active
trading prevailed at most points on a moderate


supply of fresh pork cuts, but some accumu-
lations were noted at Los Angeles where trading
was slow. Smoked meat supplies were burden-
some at Los Angeles but about in balance with
demand at other Pacific Coast centers. Steer
beef sold steady to $1.00 lower, while cow
held steady except for a $1.00 decline at Los
Angeles. Calf and veal were steady to $2.00
lower, the decline at San Francisco. Spring
lamb was steady in California but weak to $1.00
lower in the Northwest. Fresh and cured pork
prices were uneven, but mainly steady.

CABLOT MEAT TRADE REVIEWS

MIDWEST CARLOT DRESSED MEAT SUMMARY -
Based on reports from major slaughtering
centers Omaha, Kansas City, Sioux City,
Sioux Falls, St. Paul, St. Joseph, St. Louis
and the Interior Iowa and So. Minnesota area.
(Prices F.O.B. plant basis).
Prices for steer beef declined for the
third week under a moderate demand and normal
supplies. Prices on other beef classes de-
clined while lamb and pork products sold higher.
Pork supplies were slightly below normal with
lamb supplies normal. Demand was moderate on
pork products, except poor on fresh hams.
Choice steer beef sold 25-50# lower, Good steady
to 25# lower; heifer beef 50-750 lower; Utility
cow beef $1.00-1.50 lower. Choice and Prime
lamb closed steady to $1.00 higher. Pork loins
were mostly $2.00 higher; butts $1.00-2.00
higher; fresh hams steady to 75# lower, 12-14#
weights mostly 50-75# off. Pork sides sold
steady to 50# higher.
Choice 600-700# steer carcasses closed at
$38.25-39.00, few carlots $39.25-39.50, 700-
800# $38.00-38.75, few $39.00; Good 600-800#
$36.00-37.50, few high-Good 600-700# $37.75-
38.25. Choice heifer beef 500-700# $36.75-37.50.
Utility cow beef $27.00-29.50, mostly $27.00-
28.00. Choice and Prime 35-55# spring lamb
$38.25-39.00 and $39.50 in a few eastern sections.
Pork loins 8-12# $47.50-48.00, fresh hams 12-14#
$38.00-39.00, 14-16# $36.25-38.00. Butts 4-8#
$34.50-35.00. U.S. 1, 2 and 3 135-155# pork
carcasses $24.31-24.85, 155-175# $24.15-24.75.

CARLOT SUMMARY Chicago, Denver, New York
and Philadelphia. Trading for beef was slow,
with spring lamb and pork cuts fairly active.
Steer and heifer beef closed steady to $1.00
lower, instances $1.50 off. Cow beef sold 50#-
$1.00 lower. Spring lamb was generally steady
to $1.00 higher, instances $1.50 up. However,
sales of spring lamb at Denver closed slow and
steady to 50# lower. At Chicago pork loins
closed $1.50-2.00 higher, Boston butts $1.50
higher, spareribs steady to 50# higher.






V


Steer beef -
Prime 700-800# 45.15 50.60
Choice 600-700 42.15 46.15


Good

Heifer beef -
Choice

Good
Veal -
Prime
Choice
Good
Spring lamb -
Prime
Choice
Fresh pork -
Loins
Butts
Spareribs
Cured pork -


700-800
500-600
600-700

500-600#
600-700
500-600

90-120#
90-120
90-120


41.85
40.70
40.70


54.00
49.00
42.10


45-55# 45.50
45-55 42.55


8-174
4-8
3# domn


53.05
58.50
44.50


Hams, smk. skd. -(Cook
before eating) 12-16# 43.00
Bacon, smoked, sliced -
1# package (box lots) 47.00
Picnics, smoked (Cook
before eating) 4-8# 31.50
Lard, ]# carton 15.00


45.55
44.50
44.30


65.60
55.40
50.10


42.75
40.75
40.50
40.50

40.75
40.75
59.25

52.50
50.50
46.50


47.10 42.50
45.45 42.50


48.50
57.60
47.20


50.31
38.12
59.81


45.90
45.58
42.50
42.50


56.00
51.50
47.80


40.62
58.50
39.00
57.50

40.50
39.00




50 00
w--


44.88
45.50
44.50
45.00


59.81
58.12
37.75
55.58

39.19
58.06
56.00


--
44.25
45.06
45.56
41.75


55.00


-- 40.50 44.00
45.00 40.00 41.50 40.50 44.00


44.10
51.81
40.81


54.50
45.00
49.00


51.50
40.50
52.00


50.58
40.00
42.00


47.12
37.75
45.62


43.50 49.00 45.50 47.50 48.00 44.50 44.88

41.50 51.00 435.00 53.00 48.75 51.50 45.88


32.00 36.37 33.75 31.50 35.00 31.00
12.75 14.50 12.50 17.00 14.50 15.50


51.75
14.00


BULK PRICES CARLT BASIS WEEK ENDED SEPT. 50, 1960
- c -- p a d --- -s-l- PrrcsWdellverq'r
Classification PriCeaZ -g- Co~c hI 3EedjLB
------------------------------ ---------------------------


Steer Beei -
Choice


Good


Heifer beef -
Choice

Good


Cow beef All weigh
Utility
Canner and Cutter
Spring lamb -
Prime 50-1
45-,
55-4
Choice 50-
45-
55-i
Fresh pork -
Loins 8-


59.00-59.50
38.50-39.00
37.50-38.00
57.50-58.00
37.50-38.00
37.50-38.00

57.50-58.00
37.50-58.00
36.00-36.50
56.00-36.50

28.00-28.50
27.00-27.50

59.00-59.50
39.00-39.50
39.00-39.50
39.00-59.50
39.00-39.50
39.00-39.50


58.50-39.50
58.00-38.75
57.00-37.50

54,00-37.00
34.00-57.00


38.25-58.75
58.25
37.00-37.25

36.50-37.75
36.25-37.25


41.00-41.75
40.50-41.50
59.50-40.00
59.00-40.00
39.00-40.00
38.50-40.00


59.00 37.00-57.25
56.50-37.25 57.00-57.25
-- 35.00-35.25
-- 355.00-55.25


27.50-29.50


57.00-39.00
37.00-39.00
57.00-38.50
37.00-59.00
37.00-39.00
37.00-58,50


12# 48.00-48.50


27.00-27.50
26.50-27.00

38.25-38.15
38.25-38.75
38.25-38.75
58.25-38.75
38.25-38.75
38.25-38.75

47.00-47.50


41.00-45.00
41.00-42.00
40.50-41.50
41.00-45.00
41.00-42.00
40.50-41.50


40.00-41.00
39.00-40.50
39.00-39.25

37.00-39.50
57.00-39.50


38.50-39.50



29.00-50.50
28.00-29.00

41.00-42.00
41.00-42.00

41.00-42.00
41.00-42.00


48.50-49.00


745
WOLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS
Weekly average of daily quotations in dollars per 100 pounds
New York Chicago San Francisco Los Angeles
Classification : -
Oct.1 : Oct.5 Oct.1 : Oct.3 & Oct.l : Oct.5 : Oct.l Oct.5
-96o0 : 1959 1960_ J.59. : 190 1 .15. 190_ J. _


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


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


its -


5#
55
65
45
55
65






746


THE LIVESTOCK AND MEAT SITUATION


Approved by the Outlook and Situation Board, September 28, 1960

SUMMARY

Increases in cattle and sheep production during 1960 will result in
larger marketing and lower prices this fall than last. Hog slaughter is in-
creasing seasonally but will continue below a year earlier this fall and winter
and prices will be higher. Total red meat supplies per person in 1960 probably
will be down about a pound from 1959 with a reduction in pork more than
offsetting a gain in beef.

The decline in hog production which began late last fall is slowing
down and will probably end by mid-1961. This year's spring pig crop was 16 per-
cent smaller than in 1959. Producers in 10 Corn Belt States reported in
September that they had reduced early fall farrowings by 7 percent but planned
to increase late fall litters 3 percent. They also reported intentions to
farrow 4 percent more sows in December-February than last winter. If the en-
tire 1961 spring crop should show an increase, as now seems likely, the down-
swing in production would be the shortest on record.

Hog slaughter rates picked up in August and prices declined contra-
seasonally. Part of this price decline was regained early in September. Hog
prices are expected to decline seasonally this fall but will continue well
above prices last fall. The trend toward earlier farrowing was interrupted
this year and market supplies of 1960 spring pigs will likely reach a peak
late in the year.

Prices of hogs will probably continue above a year before through the
first half of 1961. Prices in the fall of 1961 will probably be below this
fall if the total spring pig crop is up from this year.

On July 1, the number of cattle and calves on feed in 21 States was 4
percent greater than a year earlier. Fed cattle marketing for July-August
were a little larger than a year before. The number of well-finished cattle
for marketing this fall may be a little larger than last fall. Prices this fall
are expected to continue close to current levels but could advance moderately
late this year unless grass cattle marketing are unusually large.

Prices of feeder cattle recently have been below year-earlier levels by
a greater margin than prices of fed cattle. The supply of young cattle is
greater than last year and increasing mariketings will probably cause prices of
feeders to decline. But the decline is likely to bp moderated by fairly good
prospects for average feeding returns.

The average price to farmers for lambs in August was $17.40 per 100
pounds, $2.00 below a year earlier. Lambs are coming off Western ranges at
lighter weights this fall, providing for considerable flexibility in feeding
operations. Moreover, generally favorable returns to lamb feeding last year
may encourage feeders to place more lambs on feed this fall than last. Hence,
sheep and lamb prices will probably hold up better this fall than in late 1959.

Meat production this year is expected to total about 27.9 billion pounds,
2 percent above last year and second only to the 28.1 billion pounds produced
in 1956. Supplies per person will be down a pound or so from last year as im-
ports are smaller and our population is increasing. Consumers will have ap-
proximately 5 pounds less pork but 3 pounds more beef in 1960 than in 1959.






747


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


Country of origin


, Fresh meats and edible offal I Cured meats
Beef and Lamb and I: :
Veal Mutton : Pork : Beef Pork


Pounds


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

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

Paraguay .............
Poland ...............
Uruguay ..............
All Others ...........


Total August 1960
August 1959
Refused or condemned:


August 1960
August 1959


Country of origin


15,392,999

1,350,273


5,282,870
2,250,638
23,722,312


_0 3 __ 02o 31
49,506,625
66,761,661


O* *


.... 121,099
.... 43,287
S--- -mm
Canned meats

I Beef : Pork


Pounds


2,068,891

4,544


Pounds Pounds


3,840,010


193,634
1,569


Pounds


--

665,915
10,066


5,987
57,951
9,631


524,185


6,850


347 -- 1 12
2,597,967 5,846,860 212,128
2,646,686 4,219,131 7,046,408


1,067 2,416
1,735 203

: Cooked : Sausage
: beef :(Trichina
: Misc'l. t : treated)
I :


87,504

'General
2miscel-
:laneous
:


Pounds Pounds Pounds Pounds Pounds Pounds
Pounds Pounds Pounds Pounds Pounds Pounds


- 3065 -
762,615
921,945

201
22

: Total


Pounds


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

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

Paraguay ........


4,608,494
70,070
2,048,662
15
31,350


58,421


178,433
4,928,316


338 126,630
5,220 4,216,499


9,001 709,961


2,401
372,721


59,387


1,094,394


roAU ......... -- 1,775,854 277,988 --
Uruguay ......... 1,297,248 -- -- -
All others ...... 1,630 105,384 106,700 -
Total August 1960 9,157,421 11,389,537 808,198 1,057,561
August 1959 10,609,631 11,729,077 813,486 -
Refused or condemned:
August 1960 2,937 45,697 7,895 --
August 1959 167,603 119,585 22 -


547,600


78,059 5,463,916
-- 15,531,960
-- 53,600 2,623,496
1,246 282,183 6,326,5389
71,498 1,200 5,415,151


-- 25,683 -- 158,638
-- 13,145 -- 4,332,202
- -- -- 5,292,501
- -- -- 2,250,638
- 24,253,347


- 1,094,594
-- 2,053,842
- 14,560 1,311,808
180 900 31800_ 862
752 410,482 79,909,144
049 555,354 105,579,428


48 i
159,7
276,


5,164 --
-- 15.489


Note: In addition to the above, imports of horse meat (in pounds) for August 1960
follows: Argentina 220,460, Canada 14,698, Mexico 215,300.


184,476
455,250
were as


0


--


-i-i





748


CLASSIFICATION OF LIVESTOCK SLAUGHTERED UNDER FEDERAL INSPECTION ij


Number (000 omitted)


Percent


Aug.
1960


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


995
565
400
27
1,787
3/ 189

650
4,527
26
5,203

1,110
150
1,240


July
1960


879
522
564
27
1,592
1753

568
5,710
26
4,504

1,009
103
1,112


SJan.- :
SAug. : Aug.
: 1960 : 1959


7,159
2,598
2,747
182
12,666
1,267

5,762
40,145
217
44,122

8,521
533
9,054


797
319
310
253
1,449
158

712
4,246
20
4,978

950
61
1,011


Aug.
1960


55.7
20.4
22.4
1.5
100.0
10.6

12.5
87.0
.5
100.0

89.5
10.5
100.0


July
1960


55.2
20.2
22.9
1.7
100.0
10.9

15.2
86.2
.6
100.0

90.7
9.3
100.0


Jan.-:
Aug. Aug.
1960 :1959


56.4
20.5
21.7
1.4
100.0
10.0

8.5
91.0
.51
100.0

94.1
5.9
100.0


55.0
22.0
21.4
1.6
100.0
9.5

14.5
85.3
.4
100.0

94.0
6.0
100.0


1/ Based on reports from packers.
3 Included in cattle classificati


2/ Totals based on rounded numbers.


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

S: : Bulls and :Cannere &
t Steers : Heifers I Cows : Stags : Cutters,


Region
*



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


August : August : August
1960 1 19591 19601 195911960 11559
Pct. Pet. Pet. Pet. Pot. Pot.


74.8
48.53
56.
54.5
60.4
54.0
56.53
68.0


1.8
7.9
17.1
24.2
18.1
14.6
45.4
14.8


1.7
8.9
15.2
25.0
20.7
10.9
52.5
15.5


21.6
42.5
25.7
15.5
25.2
51.4
25.4
19.6


21.7
59.4
25.7
19.4
18.1
50.5
10.6
14.53


74.9
47.7
54.5
59.5
58.1
51.1
29.9
65.8


: August
196. 11252
Pet. Pet.


1.7
2.1
2.7
1.0
.6
2.9
1.53
1.8


1.8
5.4
2.53
1.1
.8
4.6
.6
2.2


:all classes
: August
S19601 .19.59
Pet. Pot.


9.6
22.6
11.6
6.0
9.9
51.8
5.7
4.6


10.9
20.0
15.9
6.5
8.0
25.0
2.0
5.0





749


UNITED STATES FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION


--- -- --------------- -- --
: : : Percentage
SAugust Jan. Aug. : A 1960 of
s. ..- -- -- -" -- -. -.A..160
: -:: -Aug. 5 S-yr.
1960 : 1959 : 1960 1959 : 1959 SAgLav.
---------------- *-----------


ber slaughtered under Federal
attle.......... 1,787
alves.......... 450
bgs........... 0 5,203
heep & lambs... 1,240
rage live weight: (pounds)
attle.......... 1,003.4
alves.......... 237.8
logs............ 239.2
heep & lambs... 95.7
rage cost to packers: (dollars
attle.......... 21.38
alves.......... 20.88
:ogs............ 16.61
heep & lambs... 16.33
ssings yields: (per 100 pound
attle.......... 57.7
alves........... 55.7
ogs 1/......... 76.4
heep & lambs... 48.0
ard per 100#... 15.7
ard per animal. 32.7
rage dressed weight: (pounds)
attle.......... 579.0
teers 2/....... 649.0
eifers2/ ...... 532.7
ows 2/.7....... 485.7
alve*.......... 132.5
ogs............ 182.7
heep & lambs... 45.9
demnations: 5/(number of head)
attle.......7.. 4,602
alves.......... 941


ogs............ 8,736
heep & lambs... 8,783
al dressed weight Excludin
eef............ 1,032,068
eal............ 59,491
ork(carcass wt.) 948,979
amb & mutton... 56,532
total 4/........ 2,097,069
ork, excl.lard 715,652
ard production 5/ 169,799
endered pork fat 7,484


g




1,


inspection
1,450
559
4,977
1,010

1,025.6
221.7
234.6
94.5
per 100
24.15
26.50
13.96
19.08


s live wei
57.8
57.5
76.5
48.1
13.9
32.6

592.8
656.5
535.8
502.4
127.5
179.5
45.5

35,846
957
8,048
5,416
condemned:
856,990
45,709
891,985
45,719
840,403
670,330
161,921
6,930


n: (thousands
12,666
3,277
44,121
9,054

1,033.4
215.1
238.4
99.8
pounds)
22.61
23.56
15.23
18.91


ght)
57.6
56.9
76.6
48.4
13.7
52.6

595.2



122.53
182.5
48.53

36,249
12,795
76,347
51,044
(thousands
7,517,784
399,066
8,040,331
435,178
16,5392,359
6,075,833
1,434,354
57,433


of head)
11,319
35,095
42,988
8,837

1,047.9
210.1
240.8
99.7

24.73
27.54
15.30
19.50


123
125
105
125

98
107
102
101

89
79
119
86


109
82
113
111

102
99
102
102

107
109
95
84


57.6
57.0
76.8
48.5
14.2
34.3


603.9



119.7
184.9
48.4

34,583
13,933
69,328
39,119
of pounds)
6,815,171
368,726
7,936,181
426,239
15,546,316
5,924,900
1,470,239
62,255


120
150
106
124
114
107
105
108


115
81
117
114
114
117
115
98


/Siubtract 7.0 to obtain reported packer style average. 2/-Also included with
tie. 3/ Partly estimated. 4/ Totals based on unrounded numbers. 5/ Includes
dered pork fat.






750


COMMERCIAL LIVESTOCK SLAUGHTER, UNITED STATES, AUGUST 1960 I/


Month


and :Federally
period :inspected


-----j^I-------.-
Cattle
: Other
: com- Total
: mercial :
Thousand head


Calves
" Av. : : Other : Av.
live :Federally: co- : Total : live
:weight :inspected: mercial : :weight

Pounds Thousand head Pounds


1,787.1
1,449.5
1960 12,666.0
1959 11,519.2


541.4
447.4
5,817.7
5,562.9


2,528.5
1,896.9
16,485.7
14,882.1


980
997
1,006
1,017


449.9 286.4 756.5
359.5 250.2 589.7
35,276.7 1,868.3 5,145.0
35,094.8 1,765.5 4,860.3


242
226
226
215


Hogs : Sheep and lambs


5,202.9
4,977.5
1960 44,121.2
1959 42,988.4


1,004.7
956.9
8,580.2
8,086.2


6,207.6 236 1,240.4 175.4 1,413.8 96
5,914.2 232 1,010.2 146.4 1,156.6 94
52,701.4 236 9,054.5 1,196.4 10,250.7 99
51,074.6 238 8,836.6 1,071.7 9,908.5 99


1/ Excludes farm slaughter.

COMMERCIAL MEAT AND LARD PRODUCTION, UNITED STATES, AUG. 1960 1/
Month and : Bf : -Veal Pk- 2/ Lamb : Total :
eriodeef Veal Pork 2/ / ea Lard 5/

Mil. lb. Mil. lb. Mil.lb. Mil.1b. Mil. lb. Mil. lb.
Aug. 1960 1,504 99 849 65 2,517 192
Aug. 1959 1,085 76 792 52 2,005 184
Jan.-Aug. 1960 9,449 655 7,214. 491 17,807 1,626
Jan.-Aug. 1959 8,650 590 6,992 476 16,688 1,660

1/ Excludes farm slaughter. 2/ Excludes lard and rendered pork fat.
T/ Includes rendered pork fat.
Agricultural Estimates Division.

MEATS AND MEAT PRODUCTS GRADED, OR ACCEPTED AS COMPLYING WITH
SPECIFICATIONS BY THE U. S. DEPARTMENT OF AGRICULTURE 1/


Grade


Beef : Veal_anjd_Calf _
SAug. : Aug. : Aug. : Aug.
S- 190. 1959_ L 1960 -i : _1252
Thous. pounds Thous. pounds


Prime.......ee..l..
Choice ...........

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

Total...........

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


17,855
437,188
160,764
19,008
4,334
6,425
1,289
283


15,505
390,196
142,741
13,482
3,948
4,394
947
159


122
3,370
13,123
2,573

152


126
3,308
11,712
1,653

115
115


Lamb and mutton
Aug. : Aug.
-19f 1959 _
Thous. pounds


3,459
20,427
968


191
16,849
2,290


-- 3 9 16 12

647,146 571,351 19,344 16,923 24,896 19,5361


1,068

13,824


793

11,744


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


Aug. 1960
Aug. 1959
Jan. -Aug.
Jan.-Aug.



Aug. 1960
Aug. 1959
Jan.-Aug.
Jan.-Aug.


* -- -








AVERAGE PRICES RECEIVED BY FARMERS FOR LIVESTOCK, FEED AND WOOL 1/

SSept. 15 Aug. 15 : July 15 Sept. 15' Average
Commodity and unit 1960 1960 1960 1959 t Jan. 1947-
: : Dec. 1949
Prices received by farmers -
Hogs Per cwt. Dol. 15.60 16.40 16.60 15.30 21.90
All beef cattle 19.50 19.60 20.50 22.70 20.20
Cows 15.80 13.80 14.70 16.20 --
Steers and heifers 21.50 21.90 22.80 25.20 --
Calves 20.90 21.20 22.80 26.50 22.60
Sheep n 4.75 4.78 5.55 5.55 9.15
Lambs 16.70 17.40 18.30 18.60 21.90
Wool 2/ Per lb. .400 .410 .428 .439 .460
Corn Per bu. 1.06 1.07 1.09 1.09 1.64
Oats "' .601 .578 .629 .620 .852
Barley .817 .801 .846 .846 1.37
Hay, all baled ton 19.60 19.50 19.20 19.90 22.40
Cottonseed 39.20 38.90 58.00 37.90 71.60
Hog-corn price ratio 5/ 1949-t58
United States Bushel 14.7 15.3 15.2 12.2 14.2
N. Central States 15.2 15.6 15.7 12.5 14.5
Iowa 15.5 16.1 15.7 12.9* --
Index numbers: (Av. Jan. 1910-Dec. 1914 = 100) 1947-49
All farm products 237 254 238 240 271
Feed grains and hay 152 152 156 156 230
Meat animals 285 290 302 308 334

Prices paid by farmers -
All commodities 274 274 275 274 240
-------------------------------------------------------------------
1/ Estimates of Crop Reporting Board.
2/ Average local market price, excluding incentive payment.
? Revised
EFFECTIVE PARITY PRICES FOR LIVESTOCK, FEED AND WOOL 1/
: Adjusted : Effective parity prices 5/
Commodity and unit : base :_. _based on data for
: prices 2/ : Sept. 1960 : Aug.1960 : Sept. 1959
Hogs Per cwt. Dol. 7.14 21.30 21.50 21.60
Beef cattle 7.92 23.60 23.60 23.10
Calves 8.75 26.10 26.10 25.40
Lambs 8.55 25.50 25.50 25.60
Wool Per lb. 4/.248 .739 .739 .719
Corn bu. .545 1.62 1.62 5/1.70
Oats .281 .837 .8537 .835
Barley .424 1.26 1.26 1.28
Cottonseed ton 4/ 22.40 66.80 66.80 66.90
I/ Parity prices are computed under the provisions of Title III, Subtitle A, Section 301 (a)
of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948,
1949, 1954, and 1956.
2/ Adjusted base price 1910-14 derived from 120-month, January 1950-December 1959 average
(including an allowance where appropriate for unredeemed loans and other supplemental
payments resulting from price support operations) by dividing by 255 percent (the 120-
month average of the Index of Prices Received by Farmers adjusted to include an allowance
for unredeemed loans and other supplemental payments) unless otherwise noted.
3/ Effective parity prices as computed currently using base prices in effect and indexes for
months indicated. These parity prices are the legally applicable parity prices for the
following calendar month.
4/ Adjusted base price 1910-14 derived from 10 season average prices 1950-59 (including an
allowance, where appropriate, for unredeemed loans and other supplemental payments
resulting from price support operations ).
5/ Transitional parity, nonbasic commodities 45 percent (50 percent during 1959) of parity
price computed under formula in use prior to January 1, 1950.




752

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


UNIVERSITY OF FLORIDA

1111111 111111 IIII11111 11111 II iI11 11111 1I~ ~i 1l! l
3 1262 08735 6738
U. S. Department of Agriculture


OFFICIAL BUSINESS

Form AMS-10/4/60
Permit 1001.






University *tof Florida
Documents Librarian
11-4-59 The Uaiversity Librarites
LS-CLS Galnesville. 1ia,



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


SHEEP AND IAMBS:
In


WEEKLY
dollars


AVERAGE OF DAILY QUOTATIONS
per 100 pounds


Classification


:Chicago O
* S


----- -- ------- -- _:_


-SM --- --
.Kansas Fort North
maha City : Worth Denver Ogden Port-
':land
-- ^* -- 6- .- -*- -*- -- -- -- -- -- .


SLAUGHTER LAMBS:


Prime

Choice


Good


(Spring)


Oct. 1,
Oct. 5,
Oct. 1,
Oct. 5,

Oct. 1,
Oct. 3,


1960
1959
1960
1959


1960
1959


EWES: (Shorn) All wts.


Good and
Choice


Cull and
Utility

FEEDER LAMBS
Good and
Choice


Oct. 1, 1960
Oct. 3, 1959

Oct. 1, 1960
Oct. 3, 1959
- All wts.
Oct. 1, 1960
Oct. 3, 1959


- All vts.
20.08 18.48 17.85


19.65
20.55

17.75
19.20


4.50
4.50

4.25
4.00


17.72
19.50

16.25
18.58


3.62
4.62

3.55
3.75


-- 17.25
-- 19.25


16.75
19.85

15.25
18.68


5.50
4.75

2.50
3.50


- 18.94 17.50


16.75
19.530

16.50
18.50


18.00
19.78

16.75
19.02


16.75
18.53

15.50
17.25


- 4.50 5.50
- 5.00


5.12
5.25


5.25
5.00


2.25
35.00


16.56
19.25

15.62
17.75


4.25
4.25

5.25
5.00


12.85 16.75 15.25 14.12
15.75 19.25 17.64 15.50
- - --mse a m e ee me am am em


E -




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