Livestock, meat, wool market news

MISSING IMAGE

Material Information

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

Subjects

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

Notes

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

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004691915
oclc - 04512121
lccn - sn 87043107
Classification:
lcc - NOT IN LC
ddc - 338.105
System ID:
AA00008493:00142

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



LIVEST


MEAT


WOOL


Yeasy


WEEKLY SUMMARY

AND STATISTICS


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


Vol. 28, No. 46


November 15, 1960


Week ended November 12


Page


Livestock Market Reviews . .
Livestock Market Receipts .
Stocker and Feeder Statistics .
Estimated Percentage of Stocker and Feeder
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......


Cattle and
* .0 0 *


850
853
853
853
854


. 855
. .0 855


. . 856
. . 857
. 0 858
. . 859


* 0 0 0 0
* 0 0 0 0
* 0 0 U
. .
. .
.....


Special to this issue


Livestock Prices and Composite Meat Values,
October 1960 ...................
The Livestock and Meat Situation, November 1960 .
Lamb Feeding Situation, Nov. 1, 1960 . .


. 860
. .0 861
* 0 862


859
863
864


A SI-*AgI







MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Prices on slaughter steers and heifers
advanced under the influence of sharply reduced
marketing and higher prices in the dressed
trade. Slaughter steers closed strong to 750
higher at most points with sales at Chicago
largely 504-$1.50 higher following the sharp
declines at that market the previous week. Heif-
ers sold steady to 750 higher, except 500-$1.50
higher in Chicago. Cows were very uneven, aver-
aging about steady; stockers and feeders closed
generally steady at most points. Barrows and
gilts were steady to 750 higher. Slaughter
lambs closed unevenly steady to $1.00 higher
under the influence of curtailed receipts.

SLAUGHTER CATTLE AND CALVES Normal
marketing patterns were disturbed by the National
Election and Veterans Day and receipts at the 12
markets were the smallest for any week since
early August. The cut-back in supplies was
especially severe at Chicago because in addition
to holiday influences marketing were held down
by the previous week's late sharp downturn on
slaughter steer prices. Price changes were virtu-
ally all toward higher levels as receipts were
curtailed more than enough to offset the bearish
influence of reduced slaughtering and the
approaching Thanksgiving holiday. Some slaugh-
tering plants worked only three days during the
week, and this was a strengthening factor in the
wholesale meat trade where carlot dressed steer
beef prices advanced as much as $1.50. With the
exception of Kansas City and Chicago, slaughter
steers sold strong to 750 higher and at some
points it was the third higher market in as many
weeks. Kansas City closed steady to 50* lower
while at Chicago prices advanced 754-$1.50,
instances $2.00 up for the sharpest advance
since March, 1959. Heifers sold steady to 75*
higher, except 500-$1.50 higher at Chicago. Cows
sold very uneven, averaging about steady; bulls
steady to 500 higher. Slaughter steers and heif-
ers predominated at most markets, although
slightly more than 50 percent of arrivals in Kan-
sas City were still comprised of stockers and
feeders. Vealers were steady at St. Paul and
strong to $1.00 higher at St. Louis.
At markets other than Chicago scattered
loads and lots high-Choice and Prime steers
$25.75-26.50 with Choice bulking at $23.50-25.50;
Good largely $22.00-24.25. In Chicago, Prime
steers reached $27.50, Choice and Prime bulked
late at $25.00-27.00 with several loads mostly
Choice 1575-1695# $24.00-24.50. Prime heifers
reached $25.50 in Chicago and $25.00 in St.
Joseph. Choice heifers largely $23.50-25.00 and
most Good $20.75-23.00. Utility and Commercial
cows $12.50-16.00, mostly $13.00-15.00 while
Canners and Cutters sold from $10.00-14.00.


STOCKER AND FEEDER CATTLE AND CALVES -
Receipts of stocker and feeder cattle and calves
at terminal markets fell materially short of the
numbers marketed either the previous week or a
year ago. The National election was considered a
factor in slowing marketing. Although Good and
Choice grades predominated, the percentage
Choice was not as high as a few weeks back.
Abundant feed supplies, the need for cattle to
clean up stalk fields, favorable weather condi-
tions,and recent upturns in slaughter cattle
prices,all were factors prompting a continued
good demand for stockers and feeders. However,
many buyers apparently were a little hesitant to
meet the prices which had been established after
five previous weeks of consistently stronger
trends. In addition the National election tended
to at least temporarily curtail buyer attend-
ance at most markets. Consequently, trading
generally was only moderately active and at many
markets was increasingly slow as the week pro-
gressed. Even so, prices while displaying
unevenness, generally varied but little from a
steady basis. Instances of moderate weakness
developed, but in contrast, at Sioux City prices
were steady to 500 higher.
Several loads Choice 500-575# stock steers
brought $26.50-26.75 and high-Choice 557#
reached $27.25; bulk Good and Choice 550-750#
steers $22.00-26.00. Medium and low-Good stock
steers ranged $18.00-22.50, majority $19.00-
22.00. Few loads Choice 800-850# feeder steers
brought $24.25-24.75; bulk Good and Choice 800-
1050# $21.00-24.00. Good and Choice yearling
heifers bulked at $21.00-23.25, several loads
$23.50-24.00. Good and Choice steer calves sold
chiefly from $24.00-30.00 but a few loads cashed
at $30.50-31.00 and one load 307# $52.00. Good
and Choice heifer calves brought $21.00-27.00,
one load $27.50. Medium and Good stock cows
sold from $13.00-16.00, few up to $17.00.

HOGS Terminal Markets Supplies offered
at the 12 markets on the initial session of the
week were the largest for any day since April
and prices for barrows and gilts declined mostly
25-50*. But receipts later were sharply cur-
tailed by the National election and Veterans Day
Friday with the result that opening losses were
more than regained. Salable receipts at the
12 markets totaled 293,000, 15 percent less than
the previous week and 30 percent under a year
earlier. The hog-corn ratio was better than 17,
and the highest since March, 1958. Barrows and
gilts at midwest terminals closed unevenly
steady to 75* higher, mostly 25-750 up. Sows
also finished steady to 75* higher except steady
to 250 lower at Chicago. Bulk of the supplies
was comprised of mixed No. 1-3 and lots No. 2-3









190-260# barrows and gilts. However, average
weights tended to increase seasonally with the
average of 229# in St. Joseph the heaviest in
four months at that market.
At the close U. S. 1 and 1-2 and at some
points uniform in weight U. S. 1-3, 190-250#
barrows and gilts sold from $17.50-18.50. U. S.
1-3 and U. S. 2-3 180-270# brought $17.00-18.35,
mostly $17.25-18.25. Sows made up 8-13 percent
of the receipts at the various markets. U. S.
1-3 270-600# sows closed at $13.25-16.50.
Feeder pigs sold steady to strong at St.
Paul and Sioux City. Good and Choice 1530-170#
at Sioux City brought $15.50-16.25 with Choice
late to $16.50. At St. Paul Good and Choice
130-160# brought $16.00 to mostly $16.50.
Average cut-out value advantage of U. S. No.
1 over No. 3 live basis 200-220# barrows and
gilts was 990 per cwt based on wholesale carlot
prices of fresh pork cuts at Chicago November 3
to November 9, 1960 inclusive.
HOGS -Interior Iowa-Southern Minnesota Area
- Receipts for the week were 15 percent below a
week ago and 14 percent under the same week a
year earlier. Prices worked steady to higher
each session and gains of 45-750 were made. Sows
advanced 40-50. Mixed U. S. 1-3 200-240# bar-
rows and gilts closed at $16.75-17.35, with U.
S.1-2 these weights $17.00-17.60, few delivered
to packing plants up to $17.75. U. S. 1-3 270-
400# sows brought $14.50-16.25 and U. S. 2-3 400-
550# $13.00-15.00.

SHEEP AND IAMBS Receipts of sheep and
lambs at the 12 markets were 25 percent less
than the previous week and 33 percent under a
year ago. Price trends on slaughter lambs were
rather uneven with lower dressed prices a bearish
factor. However, prices closed steady to 50O
higher, instances $1.00 up as reduced receipts
offset any effect lower dressed prices may have
had. Slaughter ewes were steady to 500 higher.
Feeder lambs were largely steady, except fully
250, instances 50 higher at Denver.
Late in the period, Choice and Prime 85-114#
wooled slaughter lambs sold from $17.00-18.00,
mostly $17.50-18.00, and a few reached $18.50 at
Chicago; Good and Choice $15.50-17.50. Choice
and Prime 87-109# shorn slaughter lambs, mostly
No. 1 and fall shorn pelts, brought $16.50-17.50,
sparingly $17.65-17.75; Good and Choice $15.50-
17.25 including Choice lambs at $16.50-17.25. A
limited volume of Utility, Good and Choice slaugh-
ter yearlings ranged from $10.00-14.00. Cull to
Choice slaughter ewes, brought $3.00-5.50.
Good and Choice 63-81# western feeder lambs
brought $15.50-17.00 including Choice 81# feeders
$17.00 at Sioux City; Good and Choice 69-76#
feeders cashed at $16.25-17.25 at Denver. Medium
and Good sold from $12.00-15.75. A deck of Good
and Choice 87# shearing lambs brought $15.75 at
Omaha. A few shipments of short term breeding
ewes sold from $5.50-6.50.


Sheep and lamb receipts in the Interior
Iowa-Southern Minnesota area were slightly less
than the previous week and 47 percent more than
a year earlier.: Demand was fairly good for the
rather broad marketing and prices on wooled
slaughter lambs were strong to mostly 500 higher,
instances $1.00 up; shorn lambs were steady to
500 higher; slaughter ewes strong, instances
500 higher. On Thursday Choice with some Prime
80-10o# wooled slaughter lambs delivered to
packing plants brought $16.50-17.50, a large
share $17.00, few Choice and Prime $17.25-18.00.
Choice and Prime 105-115# wooled lambs $15.50-
17.25; Good and Choice 80-110# $15.50-17.00.
Choice and Prime 80-105# shorn slaughter lambs,
mostly No. 1 pelts, $16.50-17.00; Good and
Choice $15.00-16.75. Cull to Choice slaughter
ewes $2.00-4.50.

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 -
Trading direct on slaughter steers and heifers
was moderately active, mostly steady; not
enough country trading on stocker and feeder
cattle and calves for accurate test of trend,few
sales fully steady. Slaughter lambs about
steady in limited test.
Slaughter steers: In California, 22 loads
high-Good and Choice 950-1060# $24.00-24.50, in-
cluding 4 loads at $24.50 on delivered northwest
basis, and few loads at $24.00 for acceptance up
to first week in December; 66 loads high-Good
and Choice 950-1100# $23.25-23.50, including
loads at $23.50 for acceptance by January 1,1961;
over California and Arizona, Good and Choice
and mostly Choice 875-1300# $22.00-23.00, load
1350-1400# $21.25; loadlots predominantly Good
900-1175# $21.00-22.00; Standard and low-Good
850-1050# $19.00-20.50. Slaughter heifers: In
California and Arizona, 52 loads high-Good to
mostly Choice 750-1025# $21.75-22.50; 10 loads
high-Good and Choice 900-1100# $20.50-21.50;
Good 850-1050# $21.25-21.50.
Stockers and feeders: Good and Choice 400-
450# steer calves $24.00-26.00, heifers $22.00-
24.00; 750 head string Choice 625# mixed
yearlings, steers $23.50, heifers $21.00; 150
Good to mostly Choice 675# steers $22.50 and 300
mostly Good 750-765# $20.00.
Slaughter lambs: In California, few loads
mostly Choice 100-108# shorn No. 1 to
fall shorn pelts $17.25-17.50. In Utah, 4 loads
Choice with Prime end 105-110# wooled $16.50-
17.00.

COLORADO, SOUTHERN WYOMING, WESTERN
NEBRASKA, AND WESTERN KANSAS Trading on









slaughter cattle direct at feedlots was moder-
ately active under a good demand. Slaughter
steers sold strong to 500 higher with heifers
steady to 355 higher, mostly 25-355 up.
In Colorado, 69 loads Choice 1060-1275#
slaughter steers $24.25-25.40, late sales $24.75-
25.40; 22 loads high-Good and Choice 1100-1225
$23.00-24.00; 2 loads Standard and low-Good,
mostly Standard, 875# $21.00. Twenty-three loads
average to high-Choice 925-1000# slaughter heif-
ers $24.00-24.10; 77 loads Choice 875-1025#
$23.25-23.90; 8 loads high-Good and Choice 925-
975# $22.75-23.25. In Western Nebraska, 19
loads mostly Choice 120Q# steers $24.00 f.o.b.
feedlots.
Demand was good for stockers and feeders
with sales confirmed on 5,700 head at strong
prices. Western Nebraska: 1,200 Good and Choice
590-735# steers $23.50-24.50; 250 Choice 750#?
$25.50. Around 1,400 Good and Choice calves,
steers 375-475# $27.00-29.00, heifers 360-425#?
$24.00-26.00; 2 loads Choice and Fancy steer
calves $32.50; 300 Choice last fall steer calveb
550-625# $24.50-25.00. Western Kansas: 6 loads
Good and Choice 750# steers $23.50; 2 loads
Good and Choice 500-525# short yearling steers
$27.50; load Choice 475# heifer calves $25.00.
Wyoming and Colorado: 2,200 Good and Choice
calves, Steers 375-475# $26.00-28.50, heifers
340-425# $23.50-25.50; 4 loads Good and Choice
700-725# steers $22.75 in Wyoming.
Sales were confirmed on 7,500 head of sheep
and lambs at weak to 250 lower prices. Colorado:
Choice and Prime, mostly Choice, 98-110# wooled
slaughter lambs $17.25-18.00 delivered to and
weighed at packing plants. Few Choice 103-108#
shorn slaughter lambs No. 1 and 2 pelts $17.00-
17.25. Around 600 Utility and Good 114-138#1
slaughter ewes $3.00-3.25; 675 Good 62-76#
feeder lambs $14.00. Western Kansas: 2 loads
Choice and Prime 105# wooled slaughter lambs
$17.25; load Choice shorn lambs No. 1 and 2
pelts ll0# $16.25.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis area Demand was
good for stockers and feeders with prices on
steers and heifers 500 higher; stock calves firm.
Trading on slaughter steers and heifers brisk,
steers 500-$1.00 higher, heifers steady. Ten
loads Good to mostly Choice 1050-1225# slaughter
steers $24.50-25.00; 21 loads Good and Choice
1100-1250# $24.00; 3 loads Good, few Choice 1025#
$23.25; 14 loads mostly Good, 1050-1175# $20.00-
22.25; 5 loads Good and Choice 700-1000# slaugh-
ter heifers $21.75-22.50; 1,100 Good 550-620#
stock steers $22.00-22.75, few hundred Medium
700# $19.00; 300 Choice 600# heifer yearlings
$21.50; 450 Good and Choice 510-689# $21.00-
21.50; 7,800 Good to mostly Choice 350-450#
stock calves, steers $25.00-26.00, heifers
$22.50-24.00; several large stringsChoice 300-
425# steer calves from Old Mexico $26.75-30.00,
bulk $29.00-30.00; 350 Common and Medium stock
cows $10.00-13.00; load Medium cows with calves
at side $155.00 per pair.


Amarillo Area Stockers and feeders fully
steady to 500 higher. Slaughter steers and heif-
ers mostly steady, instances 500 higher on
steers. Three loads Good with few Choice, 100Q#
slaughter steers $25.25 delivered; 4 loads Good
1100# $22.00; 2 loads Good and Choice 875-900# .
slaughter heifers $25.00 delivered; 8 loads
mostly Good 650-900# $20.00-21.50; 5,300
stocker and feeder steers, Good and Choice 560-
875# $20.75-22.50; Medium and Good 650-75Q#
$20.75-21.00; 900 Good and Choice 650-700# heif-
ers $20.25-21.00 with heifers at $21.00 for Jan-
uary 1 delivery; string Choice 715# $21.50; 800
Good and Choice 412-520# stock calves, steers
$25.00-25.50, heifers $22.00-25.50; 275 Medium
and Good stock cows $150.00 per head.

IDAHO, OREGON AND WASHINGTON Slaughter
steers were steady to 50# higher, most advance
in Washington; heifers steady; stocker and
feeder cattle and calves fully steady; slaughter
lambs 25-500 lower.
Slaughter steers: Washington Good to
mostly Choice 1100-1200# $25.50-24.50 with 1225-
1500# $22.75-25.25. Idaho Choice 1000-1100#
$22.75-25.00. Oregon Choice 1000-1200# $25.00-
24.00. Slaughter heifers: Washington and Idaho-
Good and Choice 750-970# $21.00-22.00 with 1075-
1100# $20.00-20.50 in Washington.
Stockers and feeders: Washington Mixed
Good and Choice 675-75Q0# yearling steers $20.00-
22.50, mostly $22.00-22.50; Good and Choice
466# stock steer calves $24.50. Oregon Good
and Choice 540# yearling steers $24.00; Choice
550-425# steer calves $26.00. Good to mostly
Choice 400-425# mixed calves, steers $25.00-
26.00, heifers $22.00-25.00; Good and Choice
550-400#, steers $24.00-24.50, heifers $21.00-
22.00.
Slaughter lambs: Washington and Oregon -
Choice with few Prime wooled $16.50-17.00 de-
livered Oregon; Choice shorn No. 1-2 pelt
$15.50 delivered Oregon. Idaho Choice and Prime
110-112# wooled $16.50-16.75 f.o.b. feedlot.

MONTANA, NORTHERN WYOMING AND WESTERN
DAKOTAS Direct trading on stocker and feeder
cattle and calves rather slow. Steers and heifers
steady to strong; calves steady to $1.00 higher.
Cattle: Montana 60 high-Choice 605#
yearling steers from reputation brand $24.00;
650 high-Good and Choice 750# steers $22.75.
In Montana and Northern Wyoning 500 Good and
Choice 4-6-year-old stock cows $140.00-175.00
per head.
Calves: Montana and northern Wyoming,
4,200 Good and Choice 350-475#, steers $24.00-
27.00; heifers $22.00-24.00. In northern Wyoming
500 Good 575-400# steers $24.00, heifers $22.00.
Sheep: Trading on sheep and lambs very
slow, prices steady. Sales confirmed on 1,825
head in Montana. Around 1,200 Good and Choice
85-90# feeder lambs $14.00-14.25; 425 Good and
Choice yearling breeding ewes $15.00-18.00 per
head. Good and Choice solid-mouth breeding ewes
$6.00-8.00 per head.









WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
a C e -s--- Hogs og as E- ~ os"" T "Se~adlabs
Market :Nv. 12: Nov. 14 ? Nov. 12 7 Nov. 14 : Nov. 12 : Nov. 14 U Nov. 12 : Nov. 14


Chicago *.,.............
Cincinnati......*
Denver ..............eee
Fort Worth .............
Indianapolis ******
Kansas City ************
Oklahoma City **********
Omaha ***..**************
St. Joseph ************
St. Louis NSY ........*
Sioux City ***** *
S. St. Paul ************
Total ..................


S1960 1959 1960 _
54,525 44,146 405
5,551 4,216 577
9,420 18,027 725
10,147 9,461 1,987
6,168 7,635 702
21,519 24,128 2,558
9,613 15,113 2,426
34,824 45,455 2,965
15,455 15,545 944
15,963 17,022 2,515
31,232 42,570 4,825
20 450 26 627 12,027
210,463 269,945 32,456


3
4

2
3
5
1
2
8
10
44


159 i ..12960 _
805 335,799
621 10,616
,443 4,425
,045 1,751
755 27,550
,951 14,075
,216 2,533
,250 36,464
,081 21,902
,705 49,788
,892 32,510
4685 57,825
,405 293,236


1 -.5s -. Q1 16 1 259 -
44,921 5,940 8,820
11,521 1,125 2,2054
4,877 10,571 21,368
2,295 4,663 5,814
55,424 2,714 4,502
17,165 2,093 4,691
2,607 759 1,968
58,561 10,412 15,509
34,556 3,664 6,251
64,697 3,812 5,612
64,357 8,918 11,424
756,899 23 810 28,257
416,478 76,261 114,021


SNov. 5L .. 1960. 26 .9 07 ------ 48,352- -------338558- ----- 101.Q282 ------
INTERIOR IOWA AND SOUTHERN MINNESOTA
Nov. 12, 1960 Nov. 5, 1960 Nov. 14, 1959
Hogs ..... 358,000 421,000 415,000
Sheep .... 28,900 29,700 19,700

STOCKER AND FEEDER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
---------------- -Mn t R h T _Fo monEhs- -
: Nov. 10 : Nov. 3 t Nov. 12 t Oct. t Oct. July-Oct.
t 1960 : 1960 : 1959 : 1960 : 1959 t 1960 t 1959


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


Total steers 1(
Av. wts. "
Av. cost* n
n Cl


" S

.9 ft Di
M9 f .9 01
n a n F
** TO

n a 99 S
i S-
Total calves -
*f heifers
* cows


465
1,311
4,228
7,172
13,952


3 markets ...... 27,128
* ** .** 705#
9 n ...... $22.52
iicago ......... 25.33
ansas City ..... 22.21
naha ........... 23.97
. St. Paul ..... 21.17
ioux City ...... 23.50
enver .......... 23.01
t. Worth ....... 20.29
klahoma City ... 20.18
. St. Joseph ... 21.253
t. Louis NSY ... 20.44
10 markets .... 29,573
t .... 4,385
S *.... 2,088


289
1,526
4,452
9,862
18,674

54,803
702#
$22.50
21.49
22.26
23.53
21.66
23.55
23.45
20.60
20.88
21.16
20.22
47,026
5,364
2,546


743 2,294
2,422 9,0753
5,688 22,504
11,719 49,404
18,931 100,013


39,503 183,288 196,379


711#
$24.12
24.72
23.62
25.17
22.08
25.61
24.97
22.15
22.42
22.06
22.76
34,642
5,336
2,273


700#
$21.95
22.87
21.59
23.51
21.48
23.00
22.75
19.55
19.67
20.22
20.05
153,828
32,887
6,458


* Not adjusted for differences in grade of cattle sold
ESTIMATED PERCENT OF STOCKER AND FEEDER CATTLE AND


at each market.
SLAUGHTER COWS IN


SALABLE RECEIPTS


KansIa -S St.. Siorr S. St.*Indian- Ft. : Okla. San
Week ended :Chicago: :Omaha: Louist ::Denver: Cty Wichita:
City Joseph: N sCity Paul apoli e Worth CiAntonio
Stockers and feeders
Nov. 11, 1960 3 51 20 17 12 44 15 8 25 70 69 60 60
Nov. 4, 1960 2 51 25 21 15 56 20 8 55 70 75 60 60
Nov. 15, 1959 4 59 28 16 14 56 15 20 50 65 78 68 50
Slaughter cows
Nov. 11, 1960 5 11 11 9 20 7 25 14 28 15 15 13 15
Nov. 4, 1960 5 10 11 9 15 7 20 11 20 15 14 13 12
Nov. 15, 1959 5 11 11 9 12 7 55 25 20 25 11 15 18


4,204
15,915
26,993
55,499
95,768


8,087
50,509
68,252
121,416
260,6253


488,687
703#
$21.64
22.82
21.52
23.053
21.19
23.02
22.58
19.84
19.78
20.58
20.59
344,560
87,838
14,994


14,839
48,619
85,126
123,499
260,166


530,249
719#
$25.76
26.42
25.24
26.82
24.26
27.05
26.09
24.75
24.67
25.12
24.52
293,314
99,925
14,811


716#
$24.95
25.82
24.41
26.50
23.57
26.07
25.67
22.68
22.02
25.30
23.153
117,086
31,871
6,100








STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER --
Number of head Percent of total Average weight 2 Average price in
Number of heby grades (pounds) :dollars per 100 lb.
i .Week ended
NoT. 10 Z Nov. 12 :Nov. o0 : Nov. 12: Nov. 10: Nov. 12 : Nov. 10 : Nov. 12
: 1960 : 1959 : 9f- 1959 -:- 1960 : 1959 : 1960 : 1959
CHICAGO


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

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


3,555 2,660
15,268 18,641
5,556 6,670
250 858
45 35
49 115
22,703 28,977

251 214
7,646 8,734
4,891 5,651
407 754
65 115
15.240 15,468


Prime.......... 124
Choice......... 5,927
Good........... 3,817
Standard....... 312
Utility........ 54
All grades..... 10,215

Prime.......... 80
Choice......... 2,5351
Good........... 2,457
Standard....... 309
Commercial..... --
Utility........ 68
All grades..... 5,245


15.7
67.2
15.6
1.1
.2
.2


1.7
57.8
36.9
3.1
.5


9.2
64.5
23.0
5.0
.1
.4

OMAHA
1.4
56.5
56.5
4.9
.7


---------------crT
SIOUX CITY -
407 1.2 3.1
7,121 58.0 54.7
4,814 37.4 56.9
550 3.1 4.2
142 .5 1.1


13,054


1,439
1,751
681

62
5,93355


- "KIN&Ag ITYr
1.5 --
44.8 36.6
46.5 44.5
5.9 17.5

1.5 1.6


1,224
1,162
1,122
976
1,410
972
- 1,164

1,180
1,141
1,097
1,095
1,055
1,125

1,186
1,143
1,116
1,080
970


1,097
1,128
1,128
1,091

1,074


1,247
1,159
1,109
1,015
1,420
1,001
1,151

1,155
1,129
1,104
1,110
1,049
1,119

1,203
1,159
1,089
1,069
1,011
1,118


1,140
1,114
1,067

1,027
1,027


1,125 1,114


26.54 28.04
25.44 26.71
24.55 25.46
22.47 25.99
25.95 24.00
20.25 21.55
25.42 26.47

25.88 26.60
24.42 25.55
25.01 25.82
20.57 21.60
18.95 19.98
25.79 24.59

25.49 26.74
24.29 25.16
25.24 24.15
20.70 22.71
19.05 21.55
23.80 24.71

25.31 --
24.25 25.59
22.22 25.46
19.55 21.54

17.86 17.95
22.96 25.82


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


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


632
2,551
675

144
4,000


28
2,550
35,226
319

6,123


812
2,966
743

332
4,855


32
5,155
2,724
927
44
6,882


15.8
65.8
16.8

3.6


16.7
61.1
15.5

6.9


- -sLT.S-Jusm
.5 .5
41.6 45.8
52.7 59.6
5.2 15.5
-- .6

em~NEReeo


1,078
1,059
974

962
1,044


1,074
1,151
1,096
1,058

1,108


1,069
1,081
1,048

1,010
1,069


1,207
1,155
1,097
1,045
970
1,106


25.18
25.97
21.49
-
18.55
25.59


--
26.25
24.74
22.60

19.91
24.56


26.00 26.92
24.49 25.50
22.66 25.77
20.49 21.56
-- 17.42
23.34 24.26


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


890
396
7


1,318
964
51


1,295 2,31


I/ Data collected by Agricultural


68.8 57.0 1,188 1,142
30.6 41.7 1,130 1,049
.6 1.5 1,056 1,141

1,170 1,1005
Estimates, and Livestock Divisions, A.M.S.


854


Grade


--4---


24.76
235.94
18.50

24.49


--
26.56
25.16
20.61

25.81









WEEKUL SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS


------------- -- -Ctle "" :Ca e- Hogs I Shee
City or Area : Nov.12 : Nov.14 : Nov.12 Nov.14 Nov.12 Nov.14 : Nov.12
--.--- -119_ __90 6. 21.959a_- -2 1ma.


Boston, New York City Area...
Baltimore, Philadelphia....*..
Cin.,Cleve.,Detroit,Ildpls...
Chicago Area.................
St. Paul-Wisec. Areas.........
St. Louis Area...............
Sioux City-So. Dakota Area...
Omaha Area...................
Kansas City.............***
Iowa So. Minnesota.........
Lou l.Evan, l.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...


10,552
9,279
18,551
15,801
50,725
12,009
24,585
56,529
15,719
355,463
6,751
9,059
20,171
12,228
19,422
24,520
7,216


15,228
8,550
19,057
16,746
55,552
12,252
25,590
55,754
15,566
50,354
7,210
6,480
19,927
9,586
16,957
25,977
7,486


8,651
2,055
4,167
8,001
26,748
1,851

147

10,158
5,950
5,594
1,064
5,999
124
957
411


10,156
2,046
4,685
8,029
27,974
2,202

170

10,619
5,054
2,787
1,679
5,025
415
855
480


45,512
50,185
124,811
57,502
118,598
69,960
106,525
82,995
44,725
299,760
55,924
27,655
41,400
15,410
14,062
22,984
14,285


Total...................... 505,920 299,992 77,657 82,154 1,146,289
15.879.582 5.,147,595 49,556,155


Accumulation to date***... **** 12,596,098


2,942,740


44,692
50,259
127,295
29,851
162,467
94,721
154,628
98,650
44,514
525,585
57,470
28,797
75,678
20,516
15,975
28,987
21,610


51,895
5,725
14,275
6,404
21,523
4,032
12,769
16,619

35,738


9,507
19,199
29,070
25,954
6,272


and lambs
SNov.14
_S'_OT l _~


58,699
3,715
20,719
6,854
18,647
6,512
18,728
11,594

29,101
--

9,127
19,255
26,698
28,145
4,875


1,555,493 254,962 242,245


51,068,424


11,104,950


10,422,553


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION


Week ended


1960
1960
1960
1959


- : 'P-or : Lam- b s T
Beef Veal Total
Be- : Veal :(excl. lard): and mutton meat

1 ber :-od:N ber T : ber -: : ber : o rod
1,000 mil.Ib. 1,000 mil.lb. 1,000 mil.1b. 1,000 mil.lb. mil.1b.

375 214.8 115 15.2 1,310 180.8 255 12.0 420.8
410 256.2 125 14.4 1.565 187.6 285 15.4 451.6


212.8


...............
I/.............
.............


125
111


12.7


1,507
1,497


206.9


521
261


12.4


444.8


Percentage change from:
Nov. 5, 1960 ...............
Nov. 14, 1959 ...............


-8 -8 -4 -4 -11 -10
4 4 -12 -15 2 5


-5 -


~------------------------------ir ^^J^^ ''^^''' L"-"-'-"-7~ ad"
I Average weight (Ib.7 t Lard
Week ended : Cattle : Calves Hogs 2/ a heep : yield
S:V : and lambs : per
:tlve :Dressed : Ive:Dresiee T ?i eT-De.sed :-Lrve 9 Drsese -: 100 lb.

Nov. 12, 1960................ 1015 575 205 115 240 138 98 47
Nov. 5, 1960................ 1020 576 205 115 259 137 97 47 --
Oct. 22, 1960................ 1015 579 205 115 257 136 97 47 --
Nov. 14. 1959 ------------ 1042 591 205 114 241 138 98 48 14.0


1/ Actual slaughter. 2/ Excludes lard.


Nov.
Nov.
Oct.
Nov.


Total
lard
Sprod.

rmil.1b.


41.9
50.4


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


,







856


Classification


Steers -


Prime 900-100O#
1100-1300
Choice 900-1100
1100-1500
Good 900-1100


Standard

Heifers -
Choice*
Good**
Standard


- All uts.


700-900#
600-800
- All vts.


Cows All weights -
Commercial
Utility
Cutter
Canner

Bulls All weights -
Commercial
Utility

Calves 500# down -
Choice
Good
Standard

Vealers All wts. -
Choice
Good
Standard


CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
-: ------------- North------------
Chicago Kansas City : Omaha Denver Portland
S ov. Nov. Nov. : Nov. Nov. Nov. Nov. Nov. Nov Nov.
12 : 14 32 14 12 14 12 14 12 14
1960: 1959 1960 : 1959 : 1960 1959 :1960 1959 1960 1959
-Slau--hter cattle---- calves and vealers--------------
Slaughter battle, calves and vealers


26.72
26.56
25.97
25.47
24.44
22.38


24.47

20.19


14.66
135.97
13.19)
11.66)


28.00
28.32
26.95
26.90
25.28
25.60



25.90
22.18


16.68
14.25
12.350


24.50
24.25
22.25
19.58


23.45
21.82
18.75


15.25
14.08
12.75)
11.15)


25.68
25.48
25.35
20.25


24.62
22.75
19.75


16.25
14.65
12.05


26.18
26.18
24.92
24.80
22.82
20.40


25.55
21.35
19.15


15.50
14.15
12.75)
11.68)


27.02
27.08
25.62
25.48
23.52
21.52


24.75
22.68
20.25


15.82
14.40
11.90


17.81 21.00 15.50 18.70 17.20 20.05
18.06 19.75 16.75 18.32 17.10 19.50


25.00
25.00
19.50


31.00
27.50


19.75
18.00
16.00


22.00
20.00
17.50


25.10
21.50
18.80


27.20
25.45
21.95


21.50
19.25
16.50


25.00
24.80
21.75
18.50


23.25
20.75
17.25



14.75
15.3 06)
11.88)


26.62
26.54
25.50
20.25


25.053
22.59
19.51


16.72
15.09
11.94


1875 --1918
18.75 19.18


24.38

23.00
20.25


21.75
21.00
19.00


16.00
14.75
12.25)
10.00)


27.58
26.50
25.25
25,00



25.50
22.00


17.00
15.25
12.50


-- 21.00
18.25 22.25


22.00
19.50


27.00
25.00
21.00


26.70
25.15
25.25


Feeder and stocker cattle and calves


Steers -
Choice
Good
Medium


Heifers -
Choice
Med. & Gd.


500-800#
500-800
500-1000


500-750#
500-750


25.59
25.19
20.75


29.55
26.60
25.55


24.75
22.50
19.40


26.25
25.95
20.95


24.75
22.75
20.12


28.30
25.50
22.25


24.88
25.25
20.25


26.25
24.75
21.50


22.00
20.00
18.50


26.00
22.50


51.00
28.50
24.50



25.00
25.00
20.50


- 22.00 25.55 22.75 25.75 22.12 25.18 20.75 25.75
-- -- 19.50 20.50 19.62 22.75 20.50 20.94 17.50 20.25


Cows All wts. -
Med. & Gd.

Calves 500-500# -
Steers -
Good & Choice

Heifers -
Good & Choice


-- -- 14.38 15.50 14.50 16.75


- -- 27.50


-- -- 22.65


14.50


14.88


28.80 27.20 31.75 27.00 50.06 24.25 25.75


24.60 25.00 28.00 25.25 26.81 20.50 24.75


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













0
pm cg CM D
1o r-i Oil
I I


I H

4' I.4iT.u)


4 1 W


S o* ol
;9 W (D.
4 Io'-a0
I r **I
1* H1
I I
a 1- ~ |

01

0 I ,HI



i drl (
I I


to I I
o l*--I

I* 01









- 941-***
I I
I IM



S* 0)







I 44 10.
oam
H H 07)
i2 HI








** **I
M *. o0
oH 0$
welH
so g.. **I


cc I. 0 r-( 1.
I I
I 01
t a



I Mi ""
I in01I







4)0|. 01
0 0 p* CM C6
I I



05
** ** ** **


01



m o D





0)
0 I a WI







.41
o C"a Io
t* 0 Oi <









0 0)
T Q rl l
** ** H (






oI I
0 01
ogw



w I
H A





H-
4 I
a)



CO
0
Sagl
I I


new r -

SH r-


OD b* 0
r- r- t:-
r-l H- I-
HHH


00 CM 0)
C* 0> CD
SM )M CM



r-l r-l H-





ft f-t *
C- C^ C



H- H1-4 l
cn CM CM

OtoC 0




to (D LO)
ft Nt Nt
r-4W N




0 00

l0l CM 0;
Cl C-

H- r-l H-
Na)







HHH
St 0 0

1:4 1:4 1:1
1000



III fti
CDoH













e) oilto
HHH






cgoo
C










E-NC-
00C CO L
- ** ** lH **


no> 10







NHHH
too










C




***










t4 t) t(
HHH
tol l- -
CMs 0
CM 1>
ft > ft
c- c ****
1 e1 -
ftft ff ftfff*




ie ^f
** f
(0 m (0
H M1 1- -


cge0

HMHH
o C C

r-4 H H*
NC-


HHH


.. C. -. ..
44 44 '
0 CM
CM CM 0V






HHe
C* Ctf








HMHH
s. C-








CV C
r-1 i-l H-










HHH
f* ftf fttC

mo o n
CM CM CM
H0 M 0w












r-IHH

O C C




HHH
** f* ** ",
r-I r-I (









CM CM CM








Nt-N

HHH
l-I r-l H-



















NC-C
W O CV




to to ft





HHH
HH H
H- r-I r-l





















'tas
CM CM C0
r-I r-l H











** -** *








aw


CM CDCM
CM CM 0













to C-2 c
H H H


w 040 WLto w
tco U) 01 )an 4
r C C
t- E- t C-c-C -
rq r-1 4-H H -4 r-1 H


to to CM
HHHH

Nmw 0 r i
* CD4M ** C
CM to t0 A
CP C- I- t:
r-f H- H- H-

CO CM CM 00
t0co coi C1nO
to t CID f)
CM CM CM CM
H- r-l H H-

D 00 OD COD
O0 OD
ft 44 44 ft
C? C- C- C


in t- La
HHHH





ft ft ft ft
CM .M CM CM
c.*CV




YM to, COC






H- H- 1-1 1-1
ftt**t-** *









CO U') CO1 U'
(0 o) oo Le)
t0 *0 0 CM
W laC-4 -
HHHH











H- r-I H H
C44C8









u)4 Le) 0)
to 00t O
oV to to co









CDCDOD LO C
t- E- pE- LO



l-I l-I r-I -
S** ** *
aN N N
HHMHH



i) I) CW CI2
HHHH

0 oo oo) 0
CM CM C I
HHMHH


to toto





CD ( C10D




Sr-C r-0
** fttff










r- *H C>
0 CM CM 0

HHHH
(0 C'0 I0C

to co int0
** ft** ** *









4INNCD
1C C^ CO 0
ft tot f








HHHH
r-l m CMC
l- r- -
... (CMM


to


I 0
SM a 10

,r-I 0 0 0
,aO 0
HOCO




0 Uo
IL.
om :


HU)N
HOC)



HHH

CD CO C



Ct44
C* *
0- 0 01













HMH
M COD 0









00 to 144
ft* .. ** ..

.0 CO C


*
010W

oC 00
In COo

H H


0 CO CM
Hr-f0




0 CM OD










CD ) 44
to CDo






H H
*4 **.**


0r CM 0









U)U)00C%z
c to CD
*O *







r0 c;
* ** H **
0 in
emN 00
f
Moo
CO M C
0~ (
oft ft

(0N n
i-l i- -
f* f*** ft
in o in
(0 H l0


So


4Ii


1 I



I -
0i)4
o
0
Ssi
4 1
-11

:....
I I
PQ

r i

GoS


:i2
4 I)
I I

Id
i I
** *


1I-1






01
o





I I
I I
I I
I 4I
II^


Co; CM C
H- i,- c,








r-lr H
a)CV
o COS








00 ol 00
r* r*l ******


0) 0)0



I I I
I I I
HHH


** 94
C
C
C
I,


I t I 0 4o o4 0
a Oi t U) mC2 mL eM 44
4 .4 0 CHH
HH r-I r-I r- Hr- H


0D 0) Cw
tO H CD
. C C
wCD H
HHH


** I
r

r


Si O LO LO
I- W CM2
, I f. .
ien ^


W n o iO S


Hll l- r- H

I I C tO I
I I I (D CD C- I

-Hr-1 .H-



-I H- H r-IH r-m


to V) Co

N.C- CO
HHH
cz cz

** ** *
CM C a
V) t) C\
H- l-4 H-


: al go




C V* C f!
co H n o CM1


rC- 00 rC-

I0 00


HH


to in 0e o


0 nD


I ~lI I
HV)0 1 0?
U)I l DI I



I I









I i o
=8 <3
ing /


S00 o o o 00 00
cv01 o cv0 C' N -to


0 W'44 DON'44 *eC-t
*C2N *.r-iOw cv C'2C\t
o 0
a ss ?=


r
r-


rI H0(


4H H
*..

tJcv cv
ft **
0o 00
if 00C
* ft
NN CMC
N H1 r-


C2 0 0

CDCVCO
H H H
** tt** ft
00 W CM


HHH
rLf r-l H-

r-l 01 01
H m 0)
CI0 CO CO

HI-l I-I -
tn (D (D
.: r:r
H> H -


00 1s- 00



0 C C
NHHH
** ** *



NNCD
L-0 (0 H-



0 0 00

C--C- (0
HH H
** ** *
0 CDa
to LO lqp
CM CM M
r-H H r-


E4 tO CM
C- C- 4


Sf ** *
HHH

0) a)d (0
CM CM M



H- H- 0

Hr-I HrH
HH- I


oLW I

C- C-
S-lr-: r




r-I r-H


I .
H Ht

** ** *
C-N
r-IH


HHr- i


r-I OD t- I

S0) 0) I

I to to



CO C

I C- 00
V4- C- -



S*** *
r-i H r-I
So r-i
C-HHo n


Hr-I H-r'H
CO 03 01 C-










C.. .

H HHH
le s


**@ 0


.. )4
HHH


O11000 1O00000o 0 -000
0 0 4 0C'O CV -tC P 'E tOO

0 c-i cv *cw cv Ev *fv -H vC2 cv co cvo -'d
o o0 O1 0 0

9 I

S0 & 6
IN U)


C0 to 0
r- -t Ht
** .. ** .. ..
C\1 U)c--

H


to 00 0







r-l CO

(0 M CM



r-IHH
rO CM 7


U3 C- 0
rD 00 r-l






HHH
cv LO 0O






















HHH
CM o 00
CM H in


mi


I

CI)
I
Uoj
%11






105

0)
S'0


4)0|
r'
t"i


. I






858


HOGS: AVERAGE COST. WEIGHT. AND NUMBER OF PACKER AND SHIPPER PURCHASES I/
-------------------------- r--------------- --------------------J- -
Louis Kan- S. S. 8-
Chi- Nati. :sa Omaha Sioux St. St. Indian- mkts.
Week ended : cago Stock City v City Joseph Paul apolis corn-
Yards bined
AVERAGE COST Dollars per 00 pounds
Barrows Nove 12,1960 17.49 17.63 17.25 17.35 17.33 17.31 17.07 17.70 17.39
and Nov. 5,1960 17.35 17.19 16.79 17.05 17.02 16.88 16.84 17.52 17.08
gifts Nov. 14,1959 12.95 13.12 12.49 12.69 12.53 12.68 12.46 15.25 12.77
Nov. 12,1960 14.40 14.76 14.48 14.79 14.44 15.12 14.71 14.61 14.67
Sows Nov. 5,1960 14.49 14.53 14.36 14.64 14.39 14.80 14.57 14.35 14.48
Nov. 14,1959 10.26 11.02 10.55 10.45 9.96 10.65 10.44 10.56 10.46
AVERAGE WEIGHT Pounds
Barrows Nov. 12,1960 227 222 232 233 233 229 229 227 228
and Nov. 5,1960 228 222 233 231 231 228 229 225 228
gilts Nov. 14,1959 229 223 230 232 233 225 224 227 228
Nov. 12,1960 438 396 426 427 431 394 401 455 420
Sows Nov. 5,1960 435 385 429 425 417 593 406 448 416
Nov. 14L1959 452 399 422 419 420 397 408 437 416
NUMBER OF HEAD .------.---.--.
Barrows Nov. 12,1960 26732 43623 12486 30513 27875 18808 44468 22758 227263
and Nov. 5,1960 28760 51229 18494 35818 31801 27345 46616 26980 267045
gifts Nov. 14,1959 36315 55935 15009 49860 56577 30041 54192 50025 327954
Nov. 12,1960 2899 4042 1066 4291 2494 1911 5062 3312 25077
Sows Nov. 5,1960 3703 4288 13555 4400 3220 2560 5866 3778 28950
Noyv.14.1959.... A705....571... 5 ... 545.... .55...79...97... ..
sows Percentage of total
Nov. 12,1960 10 8 8 12 8 9 10 13 10
Nov. 5,1960 11 8 7 11 9 8 11 12 10
..-Q. .14..59.. .....11 ....... .9 ............ 10 .......7....... 9.......14..... .2 .....10.
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG. COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
-------------- --------------------- r------------------ r-4-r -F~~s' $P sr- ------
Hog products / Hog prices 2/ ormargin 3
Nov. 12,1960 $19.93 $17.76 $2.17
Nov. 5,1960 19.49 17.48 2.01
Nov 14 195.9 15.37 13.22 2.15
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 hogst 200-220# wt. Chicago,
1/ Difference between wholesale product value and hog prices.
HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
Barrows and Corn.i Hog-corn
Week ended gilts 1/ No. 3, yellow price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
------------ ------------------- --------------------------------------------
Nov. 12,1960 17.49 98.9 17.7
Nov. 5,1960 17.35 100.5 17.3
Nov. 14,1959 12.95 111.3 11.6
---------------------- Weighted average. 2/Simple aerae.
1/ Weighted average. 2/ Simple average.






859


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

Classification Chicago: Omaha F Wonsas rth Denver: Ogden :
: ::: i : s
SLAUGHTER IAMBS: TWooled 110# down
Prime Nov. 12, 960 17.69 17.30 17.00
!Nov. 14 1959 -- -- -- --
Choice Nov. 12, 19S60 17.31 17.28 16.55 16.62 16.97 16.25-
Nov. 14, 1959 19.02 18.55 8L58 18.25 1887g 0
Good Nov. 12, 1960 15.75 15.98 15.65 16.12 15.69 14.75
Nov. 14 1959 17.95 17.60 17.55 17.75 18.06 16.65
EWES (Wooled) -AllT7Ts --------------------------------
Good and Nov. 12, 1960 4.75 $.88 5.95* 5.12* 5.50*
Choice Nov. 14, 1959 4.15 5.12 4.25* -- 4.12
Cull and No l. 12, 1960 4.50 4.1 2 3. 15* 5.12* 4.00* 2.25*-
Utility Nov. 14, 1959 3.25 5.88 3.50*- 5.69* 5.72*- 2.62
FEEDER LAMBS All wts.
Good and Nov. 12, 1960 16.00 15.50 16.44 14.50
Choice Nov. 14. 1959 18.38 16.62 18 44 -16.20-
horn basis. ------------------------ -


Part-
land

-a-
16.05
J-..).4 ,

17..88

4.88
5..00
3 5.75
13.50

14.59
J-.25-Z


LIVESTOCK PRICES AT CHICAGO COMPARED WITH WHOLESALE AND COMPOSITE RETAIL
MIAT PRICES AND WHOLESALE AND RETAIL MEAT VAUJES AT NEW YORK
: Steers ": I'm~s S: Io Tgs
F -- -.*- -- -- -
: oc : Se t ~ct-. o se oc o t Se t Oct .
Lect.Set:c tl p7Oct. :ot o T Spt Oct tc
----------- ; O.9:0--1Q0p _:-1252 :jOQ :J2PQ :iSS -JQaB. 90- Jia -
Live animal prices Dollars per 100 pounds


Chicago / ......
Wholesale meat
prices, New York

Composite retail meat
prices, New York

Wholesale-New York 4/
Retail New York 5


. 25.60 25.42 27.85 : 18.60 19.24 20.52*: 17.81

42.74 45.17 46.86 : 42.26. 43.5,40 45.18 : -
Cents per pouna


16.89 15.14


75.57 76.51 77.74 : 64.04 66.94 66.77 : --
Value of carcass meat from 100# live animal (Dollars)


25.64 25.90 28.12 : 20.71
35.52 35.96 53S.54 : 30.25


21.27 22.14 : 21.56
31.60 31.52 j 27.54


20.80 19.54
28.49 25.34


-- -- - --- -- - - 11
1/ Av. Choice and Prime steers, 900-1100 lb., Choice and Prime lambs, and U. S. No. 1, 2 and
3, 220-24Q0# hogs.
2/ Av. Choice and Prime steer beef, 600-800#, and Choice and Prime lamb.
3/ Composite av. of semi-monthly retail quotations on various cuts (incl. lard) combined in pro-
poFtion to their respective yields from live weights.
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 1b.of lamb cuts and 58.56 lb. of principal hog products, incl.
lad.
*Choice grade only.










WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADB REVIEWS

EASTERN SEABOARD Supplies of beef and
veal at Eastern Seaboard markets were slightly
above normal with supplies of lamb and pork
mostly normal, except for a moderate showing of
pork at New York. The work week was shortened
through Election Day schedules and observance
of Veterans Day. Operations at New York were
confined mostly to a three-day business week.
Trading for beef was fairly active and pork
active under a generally good demand for these
classes with clearance mostly complete. Demand
was rather poor for veal, calf and lamb with
outlets very limited in some instances. How-
ever, clearance generally complete, except for
small carryover at New York and Washington.
Steer beef closed steady to $1.50 higher;
cow beef fully steady to $1.00 higher; veal and
calf mostly steady, instances weak at New York.
Lamb sold weak to $3.00 lower, with most down-
turn at Baltimore and Washington. Pork loins
were mostly steady, instances $1.00 lower at
Washington. Other pork cuts sold mostly steady
except at New York where Boston butts and fresh
skinned hams were $1.00-2.00 higher.
Kosher steer forequarters were 50#-$1.00
higher; lamb steady to $1.00 lower, with veal
unchanged.

CHICAGO Fresh meat supplies were normal
for the most part. Carcass beef and most
primal cuts met fair demand. Chucks, rounds
and ribs advanced but loins sold about steady.
Substantial downturns were recorded on veal in
a generally slow trade, however, lower prices
stimulated movement somewhat on late sessions.
Moderately broad outlets prevailed for lamb.
Trading was fairly active on lamb stews and
shoulders but slow on ribs and loins which
failed to clear. Fresh pork trading opened
slow but became fairly active as the week pro-
gressed.
Steer and heifer beef sold 500-$1.00 higher
for the week; veal $1.00-3.00 lower; lamb $1.00
lower; pork loins 8-16# $1.00-1.50 lower; Boston
butts 4-8# steady to 500 higher; spareribs 3#
down, steady.

PACIFIC COAST Trading was fairly active
in wholesale meats. Supplies of steer and
heifer beef were slightly reduced from the
liberal volume of the previous week, however,
Choice steer carcasses weighing 500-600# were
limited. The volume of cow beef was rather
liberal in California but moderate in the north-
west; veal and calf rather limited. Lamb sup-
plies were moderate in California and somewhat
limited but adequate in the northwest. Near


normal supplies of fresh and cured pork were
generally adequate.
Prices on Good and Choice steer and heifer
beef were mostly steady although Choice 700-800#
steer beef sold weak to 500 lower in Los Angeles,
while Good and Choice 500-650# sold strong to
50# higher at Portland. Cow and bull beef was
mostly steady. Veal and calf closed mostly
steady, instances $1.00 higher in Portland.
Lamb prices were mostly steady except for a few
sales $1.00-2.00 lower in the Los Angeles area.
Fresh pork was strong to $1.00 higher, smoked
hams strong to $2.00 higher and other smoked
pork and lard steady except instances $1.00
higher on sliced bacon and lard in the Seattle
area.

CARLOT MEAT TRADE REVIEWS

MIDWEST CABLOT DRESSED MEAT SUMMARY -
Based on reports from major slaughtering centers-
Omaha, Kansas City, Sioux City, Sioux Falls,
St. Paul, St. Louis, St. Joseph, and the Interior
Iowa and So. Minnesota area. (Prices f.o.b. plant
basis).
Prices on steer and heifer beef advanced
under a moderately good demand and below normal
supplies. raw beef, lamb and pork supplies
were slightly below normal. Clearance was
generally complete on all classes. Steer beef
closed 500-$1.00 higher, with the most advance
on 600-700# carcasses; Choice heifer beef 500-
$1.00 higher, Good steady to 50# higher; cow
beef uneven averaging steady; lamb 25-50# lower.
Pork loins were $1.50-2.00 lower, butts mostly
steady, fresh hams $2.00-3.00 higher. Pork
sides 55-70# higher.
Choice 600-700# steer beef closed at
$39.50-40.00, 700-800# $38.50-39.50, few care
$39.75; Good 600-700# $37.00-38.25, high-Good
$38.50-39.00; Good 700-800# $36.00-37.50, few
cars $38.00; Choice 500-700# heifer beef $37.50-
38.50, Good $35.50-36.50, few loads $37.00;
Utility cow beef $26.50-27.50. Choice including
a few Prime 35-55# lamb carcasses $35.25-36.50;
pork loins $45.00-46.00, fresh hams 12-14#
$42.50-43.00, 14-16# $40.50-41.00, Boston butts
$32.00-33.00. U. S. 1, 2 and 3 135-155# pork
carcasses $25.00-25.55, 155-175# $24.75-25.38.

CARLOT SUMMARY Chicago, Denver, New York,
and Philadelphia. Trading on carlots of meats
was fairly active, except lamb slow. Steer and
heifer beef closed steady to $1.00 higher with
some sales of heifer beef $1.25 up in Denver.
Cow beef closed steady to strong with sales in
Philadelphia 500-$1.00 up. Lamb was steady to
$1.00 lower, except 500 higher in Chicago.
Pork loins closed 500-$1.00 lower.











Classificati4


Steer beef -
Prime 700-800#
Choice 600-700


Good

Heifer beef -
Choice

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


%iOLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS
Weekly average of daily quotations in dollars per 100 pounds
---------------------------------------
New York Chicago 0 San Francisco Los Angeles
on -- ----- ------- ------- --------
SNov.12 : Nov.14, Nov.12 0 Nov.14 t Nov.12 T Nov.14 : Nov.12 I Nov.14


700-800
500-600
600-700

500-600#
600-700
500-600


90-120#
90-120
90-120

45-55#
45-55

8-1
4-8
5# down


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


-:- 1960

45.25
42.75
42.00
40.75
40.50


54.00
48.00
39.50

41.25
40.75

51.25
37.00
41.50


45.00

48.50

33.50
14.00


1959: 1960 : 1959 _: 1960 1959. !_)_6_ J99_ -


47.50
45.69
44.19
43.44
43.44


60.50
49.00
45.00


42.12
40.75
40.58
40.38

40.12
40.12
38.62

50.75
47.38
41.25


45.00 59.50
42.00 59.50


41.50
35.00
37.00


47.88
35.25
38.25


43.08
41.92
40.92
40.92


54.67
49.67
44.33


39.00
37.25
38.00
36.00

37.50
36.00




47.00


41.25 39.50


37.56
29.25
52.50


54.00
45.00
45.00


45.25 52.25 47.25 48.50


37.50 50.00


39.25 55.00


30.31 35.50 33.25 32.50
13.25 15.00 12.85 17.00
-----------------


42.50
40.50
43.00
40.00


m--
38.00
56.44
37.00
56.00


m--
41.83
40.25
40.50
39.50


-- 58.00 --
-- 37.00 --
-- 56.00 --

_- --- __

55.00 --

.- 39.88 45.00
41.50 39.88 45.00


45.17
37.5533
41.00


50.12
41.50
40.50


42.83
35.50
37.50


48.00 49.00 45.50

41.83 52.58 41.00

51.00 33.00 31.50
15.50 16.75 15.75


BULK PRICES CARLOT BASIS WEEK ENDED NOV. 1U, 1960
Classification Pce- s5 aenid 9. 4 0-4w' 00 4 0 h 4l.50 -
:Cme ba --- ----Nver ------------Ir ---- -U

Choice 600-700# 40.00-40.50 59.00-39.50 59.25-39.75 42.00-43.00 42.00-42.50


Good


Heifer beef -
Choice

Good

Cow beef All
Utility


Canner and Cutter


Choice


Fresh pork -
Loins


39.50-40.00
58.50-59.00
38.00-39.00
38.00-39.00
37.50-38.50

58.25-39.00
38.25-39.00
36.50-37.00
36.50-57.00

27.50
26.50

36.50-37.00
36.50-37.00
35.50-36.00
36.50-37.00
36.50-37.00
35.50-56.00


38.50-59.00
37.50-58.00

38.50-39.00
38.50-39.00

59.00
37.00-37.75



26.50-27.00


34.50-56.00
34.50-36.00
34.00-55.00
34.50-36.00
54.50-36.00
34.00-55.00


38.75-39.25
37.75-38.25

37.25-38.25
36.75-57.75

37.50-58.25
37.50-38.25
35.75-36.50
35.75-36.50

26.50-27.00
25.50-26.00


35.75-56.25
55.75-36.25


41.00-42.00
40.00-41.00
40.00-41.00
39.50-40.50
39.00-40.00


39.00-41.00
38.00-40.00
57.00-58.50
39.00-41.00
38.00-40.00
57.00-38.50


41.50-42.00
40.00-40.50

38.00-41.00
37.50-40.50


40.00-41.00



27.50-29.50
26.50-27.75

38.50-39.00
58.00-38.50
36.50-37.50
38.50-39.00
38.00-58.50
36.50-57.50


8-12# 45.50-46.00 45.00-45.50 48.00-48.50
-..-------------------------------------


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

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


Lamb -
Prime


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







862


BOSTON WOOL MARKET REVIEW


Trading in the Boston wool market was slow
as most local interests centered in the western
States. Prices for most greasy domestic worsted
wools advanced 1-20 clean basis. Demand was
generally good for fine wools.
Trading for woolen wools and noils was
fairly active with prices for scoured pulled
wools strong to 40 higher; noils firm. A moder-
ate volume of wool sold strong at the sealed bid
sale at Salt Lake City and at private treaty
after the sale. Prices were firm in Wyoming for
bulk fine wools. A substantial volume of 12
months wool sold in Texas with occasional sale$
of fall wool. Offerings in the fleece States
were limited.
Cabled reports at midweek showed Eastern
Europe and Japan the principal operators in
Australia. The New Zealand market was strong
with good general support from all sections. The
South African markets were fairly active. Short
wools were unchanged; medium length wools 1-2
pence higher with the Continent, Germany and
Italy active and some support from the United
States. Prices in the Montevideo market were
strong, particularly for 60s and 60/64s with
some buying for the United States. Trading in
the Buenos Aires market was slow, although
prices advanced sharply for carpet type wools.
Fleece Wools Sales of fleece wools were
limited with only small volume offered.
Territory Wools Original bag bulk fine
good French combing and staple wool sold in
Wyoming at $1.05-1.08 clean basis, delivered
Boston. At the sealed bid sale held late the
previous week at Salt Lake City, Utah, graded
fine, good French combing and staple wool
brought $1.10-1.12, graded 1/2 blood around
$1.08, graded 3/8s mostly $1.07, while graded
fine French brought about $1.05 and original bag
bulk fine wools sold around $1.07-1.10 clean
basis, delivered. Grease prices follow: Bulk
fine 37-480, graded 3/8s 475-500 f.o.b.
Texas Wools A substantial volume of bulk
good French combing and staple 12 months wool
in original bags sold around $1.15 clean basis
while 12 months delaine type Texas wool brought
around $1.18, delivered Boston. Fall lambs wool
brought 90-950 and ewes wool sold from 85-880
clean basis, delivered.
Mohair Trading was fairly active in Texao
as adult mohair brought 740 and kid hair $1.10.
Straight kid mohair sold at $1.46- to the ware-
house in Texas.
Foreign Wools Quotations from the Dominibn
markets showed a higher trend. Quotations follow
with combing wools converted to clean U. S. oil-
combed yields and short wools to scouring yilds,
in bond.


$1.01
.99
.97


Australia
Oil-combed
77 $1.03
78 .99
421B .98


422B -
423B -
424B -


$.991
.92
.88


South Africa
Oil-combed Scoured Yields
2 $1.04 17 $.99
7 1.01 22 .98
12 1.00 27 .96
48 .98 32 .91
55 .97 57 .87
New Zealand
Oil-combed


935
834
100
107
114
128


- $.85
- .82
.81
- .78
- .78
- .78


Montevideo Super Skirted: 64s 97,
60/64s 950, 60s 914, 58/60s 890, 58/56s
- 860, 50/56s 840.
Carpet Wools Trading for spot carpet
wools was dull. A spot lot of greasy Buenos
Aires November second clip wool sold at 760
clean fibers present. New Zealand carpet
wools were strong at 75-760 for second shear
wools and 78-790 for carpet fleeces while
India Joria wools were offered at 85-860,
light gray Jorias at 540, white Montgomery
wools at 750 and white vicaneer wool .at 77-1,
all clean fibers present for shipment.
Woolen Wools Sales follow:

Scoured Pulled Domestic


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


1-2" white
1-1" white- lambs
2-3" heavy stain
2-5" ch. white
2-53" ave. stain


$1.08
.98
.96
.98
.97


Greasy Pulled Domestic
(Clean basis)


58s
56/58s
56/58s
56/58s


2-21-
ave.
ave.
ave.


56s 2-5"
56s 22-3"


t" choice $1.01
5" choice 980- 1.00
5" light stain .98
3" burry .96
good white .96
stained .92


Scoured Shorn Foreign
Aust. 64s ave. locks & pieces 90-950
Aust. 64s pieces good color $1.00
Aust.60/64s locks good color .89


CLOSING FUTURES QUOTATIONS Nov. 9,
1960 (Furnished by the Wool Assoc. of the
New York Cotton Exchange)
December wool tops $1.478
March wool tops 1.480
64s grade 2.55" minimum length
December wool $1.125
March wool 1.147
64s grade 2j" ave. stretched length






865


THE LIVESTOCK AND MEAT SITUATION
Approved by the Outlook and Situation Board, November 8, 1960
Sunmary

Increasing livestock production and prospective gains in marketing, together with their effect
on prices, dominate the meat animal outlook. Only moderate changes are forecast for 1961. But record-
high cattle numbers and uptrending hog production will almost certainly result in new highs in meat
production and consumption during the next few years, and prices to producers will probably average sub-
atantially below current levels.
Cattle slaughter during 1961 will be considerably larger than in 1960, though probably not large
enough to halt the uptrend in herd numbers. Slaughter of fed cattle will continue large but most of
the gain will be in non-fed cattle. Grass cattle slaughter will be especially sensitive to range feed
conditions. Despite some easing off in average slaughter weights, beef production will likely be large
enough to supply about 4 pounds more beef per person next year than this--a new high in total output
and rate of consumption.
Calf slaughter this year will total about 8 percent larger than last year and a further increase
is expected in 1961. A large proportion of the beef calf crop will likely be held for feeding or
breeding and the increase in slaughter is not expected to be as large as during this phase of the pre-
vious cycle.
The price received by farmers for beef cattle for 1960 will average about $2.00 per 100 pounds
below 1959. Prices of feeder and stocker cattle and of calves declined more than those of slaughter
cattle.
Under pressure of increased marketing, prices of cattle and calves will average somewhat lower
in 1961. A severe cyclical break in prices appears unlikely in 1961 and for the year as a whole, any
decline may not differ greatly from that occurring in 1960. Lower grades of slaughter cattle, however,
may suffer more price weakness than other classes. Downward pressure on all classes will likely be
greater in the last half of the year than in the first half.
This outlook for cattle in 1961 should not be interpreted to mean that all is well with the beef
cattle industry. Beef consumption is currently running at a near-record rate and cattle prices, though
easing off, still are relatively favorable. But the size of the Nation's cattle herds means that beef
production and consumption during the next few years will set new records. The price-depressing force
of increased supplies is certain, though it cannot be pinpointed closely. Cattle producers should be
alert to the possibility of cyclical increases in pork production coinciding with larger beef supplies
at some time during the next 2 years.
Hog slaughter in the first half of 1961 will likely fall a little short of 1960, but by midyear
the difference may be small. Hog raisers reduced production during the spring and in early fall of
1960. Producers apparently are planning an increase in late fall and early spring 1961 farrowings, ac-
cording to a report from 10 Corn Belt States. As a consequence, hog slaughter in the last half of next
year may climb to levels above a year earlier. The gain in pork output is expected to be moderate,
however, and production for 1961 may total only a little larger than 1960.
Hog prices next year will probably not average greatly different from this year--until about mid-
year they will be above a year earlier. Price prospects for the last half of 1961 will depend largely
on the actual size of the 1961 spring pig crop and supplies of other red meats, but larger marketing
next fall would likely drop hog prices below this fall.
The relatively favorable outlook for hogs in 1961 carries with it a word of warning for 1962. In
recent years hog production has usually increased for 2 years before turning downward. Should current-
ly favorable conditions lead to a sharp increase in hog production, pork supplies per person could
again be pushed up to the 68-70 pound rate-a level that led to significantly lower hog prices in 1955
and 1959. Danger of overproduction is accentuated by the probable increase in supplies of beef and
veal.
Sheep and lamb slaughter during the first 9 months of 1960 was about 4 percent larger than a year
earlier. If slaughter in the remaining months of 1960 continues above last year, as appears probable,
the number of sheep and lambs on farms next January will be close to last January's inventory. And if
sheep production does not change much in 1961, slaughter will be close to 1960, or only -alightly
larger.
Lamb prices to producers are about $2.00 per 100 pounds below a year earlier. Prices will proba-
bly continue below last fall during the remaining months this year, though last fall's sharp decline
will probably not be repeated. Prospects are for lamb prices in 1961 to average a little below 1960.
Marketings will be near the same level but supplies of other meat animals will be larger and prices
lower.
Meat consumption in 1960 is expected to be about 161 pounds per person, a pound or so larger than
last year. The outlook for next year is for an increase of about 4 pounds per person, mostly in beef.
The average retail price for meats will probably be a little lower. Pork prices will probably not
change much because of the small change in supplies per person. Consumer demand for beef is expected'
to continue strong but increasing supplies will probably result in lower prices.







864
U. S. Department of Agriculture
Washington 25, D. C.


UNIVERSITY OF FLORIDA

3 1262 08735 6662
Postage an -
U. .S. Department of Agriculture


OFFICIAL BUSINESS

Form AMS-11/15/60
Permit 1001.


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


SHEEP AND LAMBS ON FEED -- 7 SELECTED STATES NOVEMBER 1, 1960

Sheep and lambs on feed for market in 7 major feeding States totaled 2,400,000
head on November 1, 1960, according to the Crop Reporting Board. Of the total number
on feed 2,111,000 head or 88 percent were placed on feed during September and October.
The remaining 12 percent were placed on feed before September 1.
In the 7 States the breakdown of sheep and lambs on feed November 1 by weight
groups is as follows: under 60 pounds, 127,000 head or 5 percent of the total number
on feed; 60 to 79 pounds, 1,517,000 head or 55 percent; 80 to 99 pounds, 861,000 head
or 36 percent; and over 100 pounds, 95,000 head or 4 percent.


SHEEP AND LAMBS ON FEED, SELECTED STATES, NOVEMBER 1, 1960
-----------------------------Number on feed November 1, 1960
Number on feed November 1,, 1960


: Placed onfd -U -
: Before :During SepETotal
Sept. 1 : and Oct. :on feed
1,000 1,000 1,000
head head head


S--- -- vegt"groups
: TIner 90" 60: 7 ~ T 780-9
: pounds : Pounds : pounds
1,000 1,000 1,000
head head head


:IO5 pounds
:and over
1,000
head


Iowa ..***.
So. Dakota.
Nebraska...
Kansas .
Texas .
Colorado
California.

Total
7 States


77 453 530 25 225 247 55
55 177 210 15 76 109 10
46 404 450 54 290 118 8
16 204 220 8 155 72 5
14 136 150 12 87 48 5
21 499 520 16 405 85 16
82 258 520 17 99 184 20
-----------------------------------


289


2,111


2,400


127


1,517


861


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


State




Full Text
xml version 1.0 encoding UTF-8
REPORT xmlns http:www.fcla.edudlsmddaitss xmlns:xsi http:www.w3.org2001XMLSchema-instance xsi:schemaLocation http:www.fcla.edudlsmddaitssdaitssReport.xsd
INGEST IEID E4NVSZF7J_49M8MT INGEST_TIME 2012-10-23T13:29:58Z PACKAGE AA00008493_00142
AGREEMENT_INFO ACCOUNT UF PROJECT UFDC
FILES