Livestock, meat, wool market news

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

Subjects

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

Notes

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

Record Information

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University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004691915
oclc - 04512121
lccn - sn 87043107
Classification:
lcc - NOT IN LC
ddc - 338.105
System ID:
AA00008493:00146

Related Items

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


This item is only available as the following downloads:


Full Text






MEAT


WOOL


WEEKLY SUMMARY

AND STATISTICS


LIVESTOCK DIVISION AGRICULTURAL MARKETING SERVICE
U.S. DEPARTMENT OF AGRICULTURE
WASmINITON 28, 0.0.


Vol. 28, No. 47


November 22, 1960


Week ended November 19


Livestock Market Reviews . .
Livestock Market Receipts . .
Stocker and Feeder Statistics . .
Estimated Percentage of Stocker and Feeder Cattle and
Slaughter Cows in Salable Receipts . .
Steer Sale Statistics *. . .


Page
. 866
. 869
. 869

. 869
. 870


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 .


* 6 .0
.* 0 6 0 6


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


* *
* *
* .


special to this issue

Storage Holdings of Meats and Lard, Oct. 51, 1960
United States Exports of Meats, September 1960 .
United States Exports of Livestock, September 1960


LIV


Y ews


* 871
* 871


872
875
874
880

875
876
877


878
879
879


* 0
* 0
* 0


e8l-WA*S1






MIDWEST LIVESTOCK REVIEW
and

RANGE AND FEEDLOT SALES


Slaughter steers and heifers sold steady to
750 higher at midwest markets. Very moderate
marketing stimulated the upturn, more than
offsetting the effect of dull trading and lower
prices in the dressed trade. Slaughter cows
closed steady to 750 higher at most points.
Stocker and feeder cattle and calves found broad
outlet and sold steady to 500 higher, instances
$1.00 up. Hog prices turned downward following
three weeks of upturns as dressed pork declined.
Barrows and gilts were generally 50-754 lower
for the week, sows 25-50f off. Slaughter lamb
prices were steady to $1.00 lower, influenced by
liberal receipts plus lower dressed prices.

SLAUGHTER CATTLE AND CALVES Slaughter
steers and heifers sold higher for the fourth
consecutive week at midwest terminals. Slaughter
steers reached the highest levels since August
and in Chicago the average price has advanced
$1.20 since the low in late October to reach
$25.75. Continued very moderate receipts stimu-
lated trading despite the narrow outlet and lower
prices for carcass beef at most major wholesale
meat centers, as increased competition from
poultry items sent prices into the normal pre-
Thanksgiving slump. Slaughter steers and heifers
sold from steady to 750 higher with many points
reporting a 25-500 advance. Cow prices were
steady to 75f higher; bulls steady to $1.00
higher. Vealers were steady at St. Louis and
$1.00 higher in St. Paul. Slaughter steers and
heifers made up the bulk of the'receipts at most
terminals with the Good and Choice grades pre-
dominating. Several points reported a limited
number of Prime steers and heifers but in Chicago
the percentage Prime in the slaughter steer sup-
ply reached 20 percent,the highest in over four
years.
Bulk of the Choice and Prime steers brought
$25.25-27.50 in Chicago with 2 loads Prime at
$27.60-27.75 and some Choice and mixed Choice and
Prime 1400-1700# at $24.00-25.50. At other
points scattered loads and lots of high-Choice
and Prime steers cashed from $25.50-26.535 while
the bulk of the high-Good and Choice sold at
$25.75-25.75. Other Good steers brought $22.00-
24.50. Mixed Choice and Prime slaughter heifers
sold at $24.50-25.60 while the bulk of the Choice
heifers brought $23.50-25.00 and Good $21.00-
25.75. Utility and Commercial cows brought
$13.25-16.25, Canners and Cutters $11.00-14.50.

STOCKER AND FEEDER CATTLE AND CALVES A
good demand existed for stocker and feeder cattle
and calves and prices at midwest terminal markets
were steady to 50 higher, instances $1.00 up.
Calves and yearling stockers usually showed most
strength, but feeder steers, including weights up
to 1050#, also shared in the advance. Favorable
weather conditions, abundant feed supplies, and
the need for cattle to clean up stalk fields


have in recent past weeks been major factors
prompting a widespread demand and continued to
be dominant influences. However, further up-
turns in slaughter cattle prices represented a
principal factor influencing a noticeably more
bullish demand than the previous week. Although
feeder buyers were more aggressive competitors
on fleshy 950-1050# steers than recently, only
moderate numbers of two-way 950-1050# steers were
sold to feeders as slaughterere often out-bid
feeder buyers on such kinds. Over-all receipts
were little different in volume than the previous
week, but supplies of stockers and feeders at
midwest centers were somewhat smaller.
Good and Choice 550-750# yearling steers
sold largely from $22.50-26.50. Many Choice 600-
750# were included at $25.50-26.50 and at Omaha
Choice 778# brought $26.00. Medium and low-Good
stock steers ranged $18.50-25.00. Few loads
Choice 800-900# feeders brought $24.65-25.25;
majority Good and Choice 800-1050# $21.50-24.50.
At So. St. Joseph two loads Choice, partly
fattened, 1021# sold at $25.50. Good and Choice
yearling heifers brought $21.00-24.00. Few
loads Choice and Fancy stock steer calves sold
from $51.50-32.70, including one load 558# at
$52.70. Bulk Good and Choice steer calves
brought $24.00-51.00, same grades heifer calves
chiefly $21.00-28.00, few $28.50.

HOGS Terminal Markets Hog receipts at
the 12 markets at 554,000 head were 14 percent
more than the previous week, but 25 percent less
than the same week a year ago. Mixed U. S. 1-5,
180-260# barrows and gilts made up the bulk of
supplies at midwest centers. There was a sharp
increase in weights above 240# at most of the
major Corn Belt terminals. The percentage of
sows varied from 8-14 percent at most markets.
Order buying activity was sharply curtailed
shortly after the week's opening. This was due
to the approaching Thanksgiving Day holiday.
Barrow and gilt prices were generally 50-750
lower, extremes $1.00 off on weights above 240#.
Sow prices were 25-500 lower, extremes 500-$1.00
lower on weights above 400# at a few markets.
Lower pork prices influenced the decline.
No. 1-2, and at some points uniform U. S.
1-3, 190-240# barrows and gilts bulked late at
$16.75-17.75. Mixed U. S. 1-5, and 2-3, 180-
280# closed at $16.75-17.25 and reached $17.50
at a few markets. U. S. 1-5, 270-600# sows sold
at $12.75-16.50, largely $13.50-15.50.
Feeder pigs closed steady to weak at St.
Paul and were steady at Sioux City. Good and
Choice 1530-170# feeder pigs at St. Paul brought
$16.00-16.50, same grades and weights at Sioux
City $15.50-16.00, Choice $16.25.
HOGS Receipts in the Interior Iowa-
Southern Minnesota Area for the week exceeded the
previous week by 2 percent, but were around 17
percent short of the comparable week last year.


866








Declining dressed pork prices at major wholesale
centers had a bearish influence upon the live
market and prices worked lower throughout the
week with the greatest downturn on Thursday.
Closing butcher prices compared with the previous
Friday were 50-65# lower and sows were 60-75#
lower, instances $1.00 off. On late rounds mixed
No. 1-3, 200-240# butchers sold at $16.10-16.85
and moderate volume No. 1 and 2 $16.75-17.25;
No. 1-53 270-400# sows $14.00-15.65, 400-550#
$11.95-14.25.

SHEEP AND IAMBS Receipts of sheep and
lambs at 12 markets were 39 percent above a
week earlier and 29 percent over the same period
last year. Slaughter lamb prices worked lower
at terminals under the influence of sharply ex-
panded marketing coupled with lower wholesale
dressed lamb prices. For the week, slaughter
lambs were steady to $1.00 lower, mainly 25-50#
off. Slaughter ewes were mostly steady,
instances $1.00 higher. Feeder lambs were steady
to 250# higher, instances 50# up, however, at
Fort Worth feeders were $1.00-1.75 higher.
Choice and Prime 85-110# wooled slaughter
lambs brought $16.50-17.50 on late rounds with a
few $17.75-18.00; several shipments of Choice
and Prime 110-115# wooled lambs $15.50-17.00.
Good and Choice bulked at .15.50-17.00, Utility
and Good $12.00-15.50. Choice and Prime 85-110#
shorn slaughter lambs with No. 1,2 and fall
shorn pelts sold from $16.00-17.00, instances
$17.25; Good and Choice $15.00-16.50. A few
shipments of Good and Choice slaughter yearlings
moved at $12.00-14.50, Utility and Good $10.00-
13.00; Cull to Choice slaughter ewes mainly
$3.00-5.50.
Good and Choice 62-86# western feeders sold
from $15.50-17.50; 900-head-string of Choice
72# western feeder lambs $17.75 at Sioux City.
Sheep and lamb receipts in the Interior
Iowa-Southern Minnesota area were 25 percent
above the previous week and 55 percent over a
year ago. Slaughter lambs were weak to 50#
lower, slaughter ewes steady. Shorn lambs com-
prised 25-35 percent of the supply.
On Friday, Choice and Prime 80-105# wooled
slaughter lambs sold from $16.50-17.00 delivered
to packing plants; limited numbers of Choice
and Prime high-yielding lambs $17.00-17.50;
Choice and Prime 105-115# $15.50-16.75. Good and
Choice 80-110# wooled lambs brought $15.00-16.50.
Choice and Prime 80-105# shorn slaughter lambs
moved at $15.75-16.50; Good and Choice $15.00-
16.00. Cull to Choice slaughter ewes $2.00-4.00,
few $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 3 percent shrink. All
sales for immediate delivery unless specified.


ARIZONA, CALIFORNIA, NEVADA, AND UTAH -
Direct trade on slaughter steers and heifers out
of California and Arizona feedlots was active,
strong to 50# higher, instances 75# up. Only
limited trading on stocker and feeder cattle and
calves with prices strong to $1.00 higher;
slaughter lambs steady in California, weak to
50# lower in Utah.
Slaughter steers: About 45 loads high-Good
to mostly Choice 950-1075# $25.75-24.50; 170
loads same grades 900-1175# $23.00-23.50; 80
loads mostly Choice 1175-1575# $21.75-22.75,bulk
$22.00; 205 loads Good and low-Choice 850-1175#
$22.00-22.80; 70 loads mostly Good 850-1200#
$21.00-22.25; 53 loads Standard to low-Good
800-1100# $19.00-20.75.
Slaughter heifers: In Arizona, 8 loads
Choice 825-850# $23.00-25.50; over the area
high-Good to mostly Choice 800-1000# $21.50-
22.75; Good 800-900# $21.00-21.25.
Stockers and feeders: Good and Choice 550-
480# calves, mostly $25.00-26.00 on steers,
$22.00-24.00 on heifers, some of these for up
to Jan. 1 delivery; 500 Choice steer calves
$27.00, with 20 percent cut at $26.00, 60-120
mile haul and freight paid; scattered lots Good
and Choice 550-7553# feeder steers $22.00-24.00,
550-670# heifers $20.75-21.00.
Lambs: In California, mostly Choice with
end of Prime 100-105# slaughter lambs with No.1
to fall shorn pelts $17.00-17.50, 3 loads
$18.00. In Utah, Choice and Prime 100-112#
wooled lambs $15.75-16.50, 4 loads 114-116#
15.00-15.50.

COLORADO, SOUTHERN WYOMING, WESTERN
NEBRASKA, AND WESTERN KANSAS Trading on
slaughter cattle direct at feedlots moderately
active. Slaughter steers sold steady to 500
higher with high-Good and low-Choice grades
showing the most advance. Slaughter heifers
sold steady to 250 higher, mostly steady. In
Colorado, 11 loads high-Choice to average-Prime
1125-1190# slaughter steers $26.50; 122 loads
Choice 1025-1200# $24.75-25.75; 17 loads 1375-
1555# $25.50-24.00; 60 loads high-Good and
Choice 1025-1325# $25.85-25.00, part of these
for delivery within the next five weeks; 3
loads Standard 1250# $19.75. Twenty-one loads
average and high-Choice 940-1040# slaughter
heifers $24.25-24.50, latter price for 2 loads;
159 loads Choice 915-1050# $25.50-24.00, latter
price freely; 31 loads high-Good and Choice
925-1025# $22.75-23.35; 4 loads mostly Good
925-1000# $22.00.
Demand for stocker and feeder cattle and
calves good, the few direct sales confirmed at
fully steady to strong prices. Wyoming: 1,200
Good and Choice 500-425# steer calves $26.00-
28.50 with 290-400# heifer calves $25.00-25.00,
mostly $24.00 and up. Colorado: 10 loads Good
and Choice 520-780# steers $25.25-24.75, load
mostly Good 825# 420.50; 1,000 Good and Choice











calves, 340-425# steers $26.00-28.75, 290-385#
heifers $24.00-25.00.
Slaughter lambs sold steady, instances 25#
lower. Sales were confirmed on around 8,000
head. Colorado: Choice and Prime 98-109#
wooled slaughter lambs $17.50-18.00, few Choice
90-105# $17.00-17.50. Choice and Prime, mostly
Choice 105-109# shorn lambs with No. 1 and 2
pelts $16.50-17.00. Utility and Good 115-135#
slaughter ewes $4.25-5.50. Few Good and Choice
70-71# feeder lambs $16.00. Wyoming: 600
Utility 110# slaughter ewes $3.00.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis area Generally
clear mild days with no moisture and near normal
temperatures. Stocker and feeder trading
limited and confined mainly to future contract-
ing. Prices were strong to 50f higher on this
week's volume of 6,000 head. Limited pre-holi-
day feedlot trading steady. Load Good and
Choice 1000# slaughter steers $24.00; 8 loads
Good including a few Choice 1050# $23.50; 26
loads Good 550-600# slaughter heifers for Janu-
ary delivery $22.00. Good and Choice 500-650#
stock steers $20.00-24.00; 110 Medium 700#
feeders $17.00. For January delivery 1,300 Good
and Choice 750-760# feeder steers $23.00; for
March delivery 2,500 Good 525-575# stock steers
$21.00-22.50; 500 Good 525# heifers $19.00;
near 1,000 Good and Choice 380-425# stock calves,
steers $25.00-26.00, heifers $22.00-24.00; 100
Medium stock cows $13.00. Feeder lambs strong
to 500 higher, about 4,500 Good and Choice 65-
78# feeders $14.00-15.10; Good and Choice
breeding ewe lambs $15.50-16.50.
Amarillo Area Stockers and feeders in
broad demand and 500-$1.00 higher, slaughter
cattle steady to 500 higher. Eighteen loads
mostly Good 1125-1175// slaughter steers $22.00-
23.00; 22 loads Good and Choice 825-900# heif-
ers $22.00-25.00.Sales afabout 4,500 stocker and
feeder steers were confirmed, Good and Choice
650-800# early $22.00-22.50, 615-815# late
$23.00-24.25; Common and Medium $17.00; 600
Good and Choice 650-725# for January delivery
$23.50-24.00. About 850 Good and Choice 640-
'725# heifers $21.00-22.00, few for January
$22.50; 650 325-475# stock calves, Good and
Choice steers $26.50-28.00, heifers $24.00-
25.25; load Choice and Fancy 325# steers $50.00.
Nearly 400 Medium and Good stock cows $12.50-
13.00, few Good cows with calves $192.50 per
pair.

IDAHO, OREGON AND WASHINGTON Price trends
on slaughter steers and heifers were steady to
500 higher; stocker and feeder cattle and


calves steady; slaughter lambs steady to weak.
Slaughter steers: Washington, mostly
Choice 1055-1100# $23.75-24.50, largely $24.00-
24.50; 1100-1225# $25.00-235.75; Idaho, Choice
1050-1150# $25.00-25.50; Oregon, Choice 1050-
1200# $23.50-24.00. Slaughter heifers: Wash-
ington, Choice and mixed Good and Choice 850-
950# $21.00-22.50; Idaho, Choice 800-925#
$22.00-22.75.
Stockers and feeders: Washington, Good and
Choice 300-500# stock calves, steers $24.50-
25.00, heifers $21.50-22.00; Idaho, Good and
Choice 350-550# stock calves, steers $24.00-
25.00, heifers $21.00-22.00; Oregon, Good and
Choice 500-525# short yearling steers $24.00;
Good and Choice 700-800# $21.00-22.00 on steers,
heifers $18.50-20.00; Good and Choice 550-430#
stock calves $25.00-26.25 on steers, and $25.00
on heifers.
Slaughter lambs: Washington, Choice and
Prime 100-112# wooled lambs $16.50-17.00 de-
livered; Idaho, Choice and Prime 106-107#
$16.00; Oregon, Choice and Prime 100-106#
wooled $17.00-17.50 delivered. Feeder lambs:
Oregon, Good and Choice 80-95# $14.50-15.00.

MONTANA, NORTHERN WYOMING AND WESTERN
DAKOTAS Temperatures somewhat above normal
with light showers general throughout most of
the area. Country trading on cattle and calves
slow, however, inquiries for stock cows greatly
increased. Stocker and feeder cattle prices
generally strong to 50# higher, calves $1.00
higher, instances $2.00 up. In Montana, 55
Choice 850# slaughter heifers $22.75, 140 high-
Good and Choice 700# feeder steers $25.00-25.50;
200 mostly Choice 600-625# yearling heifers
$21.00-21.50; near 1,500 Good to mostly Choice
around 700-950# 5-6-year-old stock cows $165.00-
175.00 per head. Northern Wyoming: 1,000
Medium and Good 800-1000# feeder cows $12.50-
15.00.
Calves: Montana, 400 Choice and Fancy 4D0#
stock steers carrying a reputation brand $50.00;
2,600 Good and Choice calves, 550-425# steers
bulked $25.00-28.00, 525-575# heifers mainly
$25.00-24.75. Northern Wyoming, 560 Good and
Choice 550-425# calves, steers $26.00-27.25,
heifers $23.00-24.75.
Sheep: Clearance of lambs nearly complete.
Fairly active trade on breeding stock at steady
to strong prices. Confirmed sales totaled 7,400,
these largely ewes. Montana, 2,050 Good and
Choice 80-87# ewe lambs $16.00, 200 mostly
Choice yearling breeding ewes $17.75 per head;
1,250 Good and Choice 5-4-year-old ewes $8.00-
15.00 per head. Northern Wyoming, 2,400 mostly
Choice 73# feeder lambs $14.75.








WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
e- - HC 1s Sh- ad lam- s -
Market tNov. 19: Nov. 21 Nov. 19: Nov. 21: Nov. 19 Nov.21:1 Nov. 19 Nov. 21
S- : 1960 : 1959 : _196 1 252 1 26.Q 1 19J9_ 1 _26fl 1 -_125 _
Chicago 0 ......7.. 36,737 49,029 409 450 41,567 55,588 7,520 7,918
Cincinnati ......* ..... 4,556 4,271 720 615 9,416 15,559 1,984 1,745
Denver ................ 14,785 19,824 3,978 6,854 5,438 4,886 21,207 12,245
Fort Worth ............. 12,958 6,381 2,297 2,875 2,048 2,074 8,134 4,284
Indianapolis ........... 6,857 7,201 853 815 51,598 38,629 4,247 3,792
Kansas City ..........* 18,666 22,457 2,715 1,890 16,404 19,585 4,314 4,648
Oklahoma City .......... 11,020 10,177 3,039 2,145 3,859 3,636 2,013 1,250
Omaha .................. 35,903 38,176 5,185 6,169 45,185 59,781 13,855 10,007
St. Joseph ............. 15,288 15,505 896 1,098 26,644 30,973 4,977 5,901
St. Louis NSY .......... 15,382 15,511 2,773 3,140 58,113 74,063 6,382 5,149
Sioux City ............. 28,959 37,231 6,240 12,115 37,405 65,205 10,215 8,531


S. St. Paul *......****0
Total ..................


21,545
222,656


24,469
250,032


10,414
537,519-


9,891
48,053


55,964 75,864 20,829 18,211
55333,641 443,645 105,677 81,661


SNov. 12 1960...... 210,463 52,456 293 236 76 261
INTERIOR IOWA AND SOUTHERN MINNESOTA
Nov. 19, 1960 Nov. 12, 1960 Nov. 21, 1959
Hogs ..... 364,000 358,000 440,000
Sheep .... 36,200 28,900 23,700

STOCKER AND FEEDER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
S--------- ---------- Weekended -: Month e Fo- t-- ur monEhs
t Nov. 17t: Nov. 10: t Nov. 19 ~: Oct. Oct. t July-Oct.
S : 1960 1 1960 .9 1959 160 : 1_ 5 1 9.. 1 95


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


739
2,315
4,347
6,701
13,639


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


7553
2,129
4,774
8,655
17,8355


2,294
9,073
22,504
49,404
100,013


4,204
13,915
26,9953
55,499
95,768


8,087 14,859
50,309 48,619
68,252 83,126
121,416 125,499
260,625 260,166


Total steers
Av. wts. *
Av. cost* "
MI M 1! (
B a n i

n n !
t It if J


n n t (
n n n ;


Total calves
, heifers
a cows


10 markets ......
******
Chicago ....
(ansas City ..
)maha .....
S. St. Paul ..
Sioux City ......
)enver ....
Ft. Worth ...
Oklahoma City ...
3. St. Joseph .
St. Louis NSY .
- 10 markets .
if N
if N


27,741
715#
$22.79
23.38
22.11
23.90
19.92
23.87
24.08
20.63
21.67
22.20
21.10
32,976
5,296
3,227


27,128
705#
$22.52
25.535
22.21
23.97
21.17
25.50
25.01
20.29
20.18
21.253
20.44
29,5735
4,385
2,088


34,146
707#
$25.44
26.553
22.85
25.98
20.87
24.18
24.07
21.735
21.15
22.57
23.55
37,482
5,867
2,055


183,288
700#
$21.95
22.87
21.59
23.51
21.48
253.00
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 at each


196,579
716#
$24.953
25.82
24.41
26.50
25.57
26.07
25.67
22.68
22.02
23.50
23.13
117,086
31,871
6,100

market.


488,687
703#
$21.64
22.82
21.532
23.03
21.19
23.02
22.58
19.84
19.78
20.58
20.59
344,560
87,858
14,994


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
295,514
99,923
14,811


ESTIMATED PERCENT OF STOCKER AND FEEDER CATTLE AND SLAUGHTER COWS IN SALABLE RECEIPTS

s i **S s sO s s
- -- -- --------- -- -- -- -- -------s1 : : E: -
Kansas S Siou S SDeId n e: Ft. WOkla, h San
Week ended *Chicago, Ct Oaha- tLouis : : St.:India Denver: a .sWichita:
city Joseph: NSY :City a Paul apolis Worth City : 1Antonio
Stockers and feeders
Nov. 18, 1960 2 52 19 18 11 43 15 8 45 65 78 52 55
Nov. 11, 1960 5 51 20 17 12 44 15 8 25 70 69 60 60
Nov. 20, 1959 2 56 19 15 14 39 10 20 60 65 67 76 50
Slaughter cows
Nov. 18, 1960 5 10 12 9 18 8 20 13 20 20 10 17 15
Nov. 11, 1960 5 11 11 9 20 7 25 14 28 15 15 13 15
Nov. 20, 1959 5 10 12 10 13 8 25 25 17 25 13 12 17
------------------------------------------------------------------------










STEERS SOLD OUT OF FIRST HANDS

: Number of head : Percent of total
by grades
Grmad ----------- --- -


: Nov.l1'7
: 1960


FOR SLAUGHTER I/
: Average weight Average price in
(pounds) !dollars per 100 lb.


Week ended
: fov 9: Nov. 17 : Nov. 19 Nov. 17 : Nov. 19 Nov. 17 Nov. 19
: 1959 : 1960 : 1959 : 1960 1959 : 1960 : 1959
CHICAGO


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

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

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

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


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


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


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


5,016
14,899
4,511
423

133
- 24,982

187
7,047
6,111
491
63
13,899

119
6,256
3,364
283
20
10,042

23
1,751
2,204
329

8
S2.315-



474
2,841
999

117
4,451


17
2,859
2,663
426
10
5,975


2,291 20.1
21,500 59.6
6,852 18.1
1,148 1.7
17 --
411 .5
52,219

84 1.3
- 3- ,,2 1 9 -

8,332 50.7
5,935 44.0
964 3.5
122 .5
15,457


7.1 1.245
66.7 1,170
21.53 1,088
3.6 958
.0 --
1.5 1,003
1,166
OMAHA
.5 1,151
54.0 1,144
38.5 1,099
6.2 1,050
.8 1,027
1,121


SIOUX CITY
105 1.2 .9 1,212


5,842
4,658
619
197
11,419

4
1,320
.2,685
624

59
4,692



639
2,486
653

390
4,168


62.5
553.5
2.8
.2


51.2
40.8
5.4
1.7


.5 .0
40.6 28.2
51.1 57.2
7.6 13.3

.2 1.3

ST. LOUIS NS


10.7
64.1
22.5

2.7


15.53
59.6
15.7

9.4


- I.-ST.-OSEp -


3,448
2,628
568
32
6,676


.3
47.8
44.6
7.1
.2


51.6
39.4
8.5
.5


-- --m m m ----- -DEN E


1,107
776
11


1,163
652
14


58.4
41.0
.6


63.6
55.6
.8


1,148
1,101
1,104
1,005
1,131
1,155
1,133
1,129
1,083
1,045

869
1,099 -



1,065
1,048
1,004

941
1,037


1,203
1,136
1,078
1,058
854


1,104


1,162
1,078
926


1,256
1,153
1,107
1,010
1,527
1,065
1,143

1,294
1,120
1,122
1,087
1,106
1,120


?i.85 27.87
25.78 26.59
24.75 25.04
22.55 25.37
22.50
20.58 20.05
25.77 26.05

26.00 26.78
24.78 24.96
23.43 23.51
20.59 21.26
19.07 18.78
24.05 24.13


1,218 25.51
1,130 24.71
1,068 23.61
1,087 20.89
1,061 18.94
1,102 24.24

1,059 25.96
1,116 24.46
1,107 22.90
1,026 20.40

1,108 1.00
- ,099 23.38


1,030
1,048
981

938
1,024


1,121
1,109
1,050
1,000
1,110


1,124
1,084
1,295


25.50
24.14
21.45

18.55
25.57


27.00
24.97
23.92
22.17
20.96
24.56

27.50
25.83
25.20
21.05

17.43
23.62



26.355
24.59
22.52

19.96
24.15


26.00 --
24.56 25.25
25.00 235.56
20.50 20.71
18.00 17.26
23.60 24.11


25.00
24.10
19.00
m-


--
26.02
24.69
21.20


All grades..... 1,894 1,829 -- 1,126 1,111 24.62 25.51
1/ Data collected by Agricultural Estimates, and Livestock Divisions, A.M.S.


870


%J4& %.L%


memmm





871


WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS


- -- -- -- -- -- -ogt^[j -^ tCle -t -H? -' -CI Bi!J8"1
Cattle Calves Hogs Sheep and lambs
City or Area t Nov. 19 Nov. 21: Nov. 197 Nov. 21r Nov7. 19 Nov.7 21i Nov. 19 Nov. 21
S 1960 : 1959 __ 1960 1 1959. __ 9 _9 1.95.9_ _:_ 1.9.0 199. -


Boston, New York City Area...
Baltimore, Philadelphia......
Cin.,Cleve.,Detroit,Indpls...
Chicago Area...............
St. Paul-Wise. Areas.........
St. Louis Area...............
Sioux City-So. Dakota Area...
Omaha Area...................
Kansas City..................
Iowa So. Minnesota.........
Lout1l.Evanfl.Nash*1.Mph's....
Georgia, Florida, Ala. Area..
St. Jolph.Wichita, Okla.City.
Ft.Worth,Dallas,San Antonio..
Denver,Ogden,Salt Lake City..
Los Angeles, San Fran. Areas.
Portland, Seattle, Spokane...


14,470
9,045
18,452
15,895
28,177
10,829
18,884
52,196
12,958
29,608
7,007
9,604
17,710
12,724
19,603
29,212
8,670


15,453 11,998
8,075 1,867
18,427 4,835
16,199 8,656
30,463 27,060
9,162 2,898
21,977 --
54,185 247
13,654 -
29,522 9,631
6,615 3,908
5,510 4,123
17,038 894
8,873 4,909
17,225 231
26,377 1,315
6,818 5332


Total...................... 295,042 283,553 82,904


o ... #14,174,424
Accumulation to date....... 1


3,250,499


2,879,651


10,676
1,114
4,121
7,467
26,261
2,457

215

10,398
4,448
2,220
1,436
3,868
236
1,100
367


50,669
29,905
119,844
43,213
108,231
64,726
99,098
77,3253
31,299
286,168
53,450
29,872
43,426
15,695
15,452
23,812
16,754


54,714
28,731
145,699
38,244
156,759
83,900
137,299
99,736
48,643
337,987
60,297
29,9335
69,722
18,651
20,078
5533,431
19,694


76,584 1,108,917 1,583,498


50,645,050


3,019,124


44,759
5,072
13,447
5,150
19,250
3,624
12,125
15,556

34,231


5,726
18,636
22,498
30,755
4,279

233,048


56,977
3,333
16,760
6,543
12,536
5,007
13,694
8,935

26,656


6,886
14,195
21,310
27,109
5,559

205,500


11,337,978
52,451,922 10,625,853


Week ended


1960...............
1960...............
1960 1/...........
1959 T/...........


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
T -" -B e T -" -~ T -FGA --T -ao ~"',
SBeef Veal Total
T- *(excl.lard) and T Ts neat
-ir- T .:'Ir- 1 N' T -- e a
1 P000 b. um IProd.: po.
ber : Prod.: ber ; Prod': ber : P ber : prod.
---------------------------------------
1,000 mil.2b. 11000 mil.lb. 1,,000 mil.lb. 1,00mll.mi~b
13 4 76. m.12.0 4l14.5


212.4
214.8

200.6


-1
6


Percentage change from:

Nov. 12, 1960 ..............
Nov. 21, 1959 ..............


120
115
150
106


13.4
13.2

11.9


1,270
1,310
1,289
1,569


-3
-19


176.7
180.8

216.9


255
255
320
222


12.0 414.5
12.0 420.8

10.5 439.9


Total
lard
prod.
mil.1b.



40.1
49.0


-2 0
-19 15


--- -- --Averag e ight b Lard
Week ended Cattle : Calves Hogs sheep yield
2 : and lambs : per
--------------- L Dresed: LTViDrese :ive:Dressed :;LIve 7 Dressee : 100 lb.


Nov. 19, 1960 ...0..........
Nov. 12, 1960 .*.*..........
Oct. 29, 1960 *..**0.*0.*...
Nov. 21, 1959 *.***.... ....


1030
1015
1015
1037


582
573
579
585


200
205
205
197


139
138
136
138


l/ Actual slaughter. V/ Excludes lard.


Nov.
Nov.
Oct.
Nov.


12.9









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


Classification


Steers -


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


Heifers -
Choice*
Good-**
Standard


700-900#
600-800
- All wts.


Cows All weights -
Commercial
Utility
Cutter
Canner

Bulls All weights -
Commercial
Utility

Calves 500# down -
Choice
Good
Standard

Vealers All wts. -


Choice
Good
Standard


Steers -
Choice
Good
Medium

Heifers -
Choice
Med. & G


S- -
: Chicago : Kansas City : Omaha
Nov. : Nov. : Nov. : Nov. : Nov. Nov.
: 19 : 21 : 19 : 21 : 19 : 21 :
: 1960 1959 : 1960 1959 : 1960: 1959 :
1a e l d --: s
Slaughter cattle, calves and vealers


27.02
27.12
26.18
25.90
24.60
22.62


24.58

20.50


14.80
14.10
15.60)
11.92)


27.60
27.98
26.38
26.25
24.48
22.55



23.42
21.28


15.20
13.52
11.75


18.25 20.40
18.40 19.22


24.80
22.60
18.70


29.70
26.50


24.98
24.72
22.52
19.52


23.75
22.02
19.00


15.45
14.50
13.22)
11.42)


25.50
25.58
25.50
20.12


24.88
22.68
19.58


16.00
14.538
11.50


16.25 18.75
17.20 18.50


19.75
18.00
16.00


22.00
20.00
17.50


23.00
21.00
18.25


27.00
25.25
21.75


26.58
26.55
25.20
25.00
25.12
20.62


25.75
21.72
19.55


15.72
14.52
12.88)
11.78)


26.92
26.92
25.55
25.20
22.95
20.08


24.52
22.58
19.95


14.62
15.58
10.75


17.78 19.05
17.70 18.55


21.50
19.25
16.50


--_----_ wop -
z North
Denver 3 Portland

Nov. Nov. Nov. Nov.
19 21 19 21
2960 : 1959 1960 1959
*. *' 1960-


25.10
24.80
21.80
18.50


25.50
21.12
17.75



14.88
15.12)
12.00)


26.15
26.15
25.50
20.25


24.72
22.50
19.25


16.12
14.25
11.00


-

24.58

25.00
20.25


22.25

19.00


16.00
14.75
12.25)
10.00)


--

27,00
26.25
25.25
22.88



25.50
21.88


16.25
14.56
11.44


-- 20.75
18.95 19.25 19.00 21.538


22.00
19.50


27.00
25.00
21.00


26.50
25.00
22.50


Feeder and stocker cattle and calves


500-800#
500-800
500-1000


25.62
23.42
20.80


500-750#
d. 500-750


28.75
26.20
22.80


25.20
25.10
20.10


25.20
25.10
20.05


-- -- 22.52 22.75
-- -- 19.55 19.75


24.95
22.95
20.12


27.55
24.68
21.42


22.75 24.80
19.62 21.65


25.18
25.95
21.15


26.00
24.25
21.50


22.50
20.00
18.50


25.50
22.50


51.00
28.50
24.50



24.25
22.50
19.75


22.50 25.00 20.75 25.00
21.25 20.25 17.50 19.75


Cows All wts. -
Med. & Gd.

Calves 500-500# -
Steers -
Good & Choice


Heifers -
Good & Choice


S -- 14.50 15.00 14.50 13.75


27.60 28.00


27.45 30.15


- 22.75 23.60 25.00 26.20


15.25 15.00


27.50 28.40 24.25 24.25


26.00 25.80 20.50 25.50


**eight range 600-800# in 1959.
** 700-900# "


-- --








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874


HOGS: AVERAGE COST. WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES I/
.. .................... -, ....... ------; ---- --- r -- ---.. ....... -. -....... i ......... ............ .
Louis : Kan- S. S. 8-
Chi. Natl. sa Omaha Sioux : St. St. Indian- mkts.
Week ended cago Stock : City aa City Joseph Paul apolis corn-
Yards bined
AVERAGE COST Dollars per 100 pounds
Barrows Nov. 19,1960 17.67 17.59 17.17 17.20 17.07 17.17 17.00 17.83 17.34
and Nov. 12,1960 17.49 17.65 17.25 17.55 17.55 17.51 17.07 17.70 17.59
gilts Nov. 21,1959 12.55 12.62 12.51 12.16 12.03 12.20 12.09 12.87 12.54
Nov. 19,1960 14.30 14.73 14.64 14.65 14.24 14.98 14.44 14.51 14.54
SowS Nov. 12,1960 14.40 14.76 14.48 14.79 14.44 15.12 14.71 14.61 14.67
Nov. 21,1959 9.98 10.33 10.20 10.11 9.90 10.57 9.95 9.79 10.05
AVERAGE WEIGHT Pounds
AVERAGE ^^^^~~---- -------**---------*-----------*-*-*-**-*-*--
Barrows Nov. 19,1960 229 283 232 237 235 230 230 228 230
and Nov. 12,1960 227 222 252 255 2553 229 229 227 228
gilts Nov, .2.1.j959 229 220 230 252 232 225.... g.
Nov. 19,1960 438 400 410 432 435 402 416 458 425
SowS Nov. 12,1960 438 396 426 427 451 594 401 455 420
Noy, ,1959 44 .... 404 41 42. 4 9. 406 444 417
NUMBER OF HEAD -
Barrows Nov. 19,1960 32744 49198 14575 37136 32176 23058 38988 25940 253815
and Nov. 12,1960 26752 45623 12486 30513 27875 18808 44468 22758 227265
gilts Nov. 21,1959 45256 65227 17176 49545 57149 26600 57065 52128 548146
Nov.' 19,196 3400 4819 1193 5240 3474 2401 6189 4068 30784
Sows Nov. 12,1960 2899 4042 1066 4291 2494 1911 5062 55312 25077
Nov. 21 1959 6775 6903 1667 6259 5540 2672 7845 4552 41971
SOWS Percentage of total
Nov. 19,1960 9 9 8 12 10 9 14 14 11
Nov. 12,1960 10 8 8 12 8 9 10 15 10
Nov. 21,1959 14 10 9 11 9 9 12 12 11
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG, COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
-- ---- -- - - r c ----- ----
Hog products 1/ j Hog prices Y :or margin 3/
Nov. 19,1960 $19.74 $18.01 $1.73
Nov. 12,1960 19.93 17.76 2.17
Nov,.21 1959 15.09 12.82 2.27
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. 2/ Hog-corn
Week ended, ilts 1 No. 3, yellow price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
Nov. 19,1960 17.67 93.4 18.9
Nov. 12,1960 17.49 98.9 17.7
Nov. 21,1959 12.55 110.6 11.3
1_ Weighted average. 27 Simple average.








BOSTON WOOL MARKET REVIEW


Trading was moderately active on greasy
domestic worsted wools in the Boston market as
approximately 15 cars sold. Best demand was for
fine grades which sold slightly higher. Activity
in woolen wools and noils was slow but prices re-
mained firm. A good representation of Boston
wool buyers attended the sealed bid sale held
this week at Minneapolis as bids were to be
opened November 10. A fair volume of original
bag mixed clips was sold in Wyoming and a good
volume of 12 months wool and some fall wool sold
in Texas.
Midweek cables from Australia showed prices
par to 2 percent higher early in the week and
leveling off at midweek with heavy Eastern Europe
buying and good support from Japan. The auctioh
at Wanganui, New Zealand showed prices advancing
under general competition and active trading.
Prices at the South African markets were fully
maintained with France the principal operator.
Sales were limited in Montevideo as prices held
steady while in Buenos Aires prices advanced on
coarse carpet type wools.
Fleece Wools Graded 60/62s good French
combing and staple fleece wool sold around $1.02
clean basis.
Territory Wools Graded 64s good French
combing and staple wool brought around $1.12-
1.15 while graded 64s French combing moved at
about $1.05 and original bag, bulk fine and
half-blood territory wools sold in a range of
$1.05-1.08, clean basis. Original bag mixed
clips brought 390 grease basis, f.o.b. at Coke-
ville, Wyoming.
Texas Wools Original bag 12 months good
French combing and staple wool sold in Texas
around $1.15-1.17 clean basis, delivered Boston
while fall wool moved at 90 clean basis, de-
livered.
Mohair A substantial weight of mohair
was sold in Texas at mostly 761- for adult and
$1.11 for kid hair to the warehouse. Trading
on mohair in the Boston market was very dull.
Foreign Wools 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
$1.09 422 -
1.06 423 -
1.01 424 -
.99 425 -


$.99
.94
.92
.87


New Zealand
Oil-combed
93 $.86 107 -
834 .84 114 -
100 .85 128 -


$.82
.81
.81


South Africa
Oil-combed Scoured Yields
2 $1.05 17 $1.00
7 1.04 22 .99
12 1.05 27 .97
48 .99 52 .94
53 .97


Montevideo Super Skirted: 64s 97,
60/64s 950, 60s 935, 58/603 900, 58/56s -
870, 50/56s 850.
Carpet Wools Greasy Buenos Aires Novem-
ber second clip wools sold at 75-760, clean
fibers present. Buenos Aires shippers were
asking 78-790 for November and 740 for March
wools. Spot New Zealand carpet fleeces were
offered at 800 while fleeces sold for shipment
at 800 and second shear wools at 790, clean
fibers present. Light yellow Indian Vicaneer
wool was offered for shipment at 6641. Paki-
stan light yellow Montgomery at 66, white
Khorassan at 78 and pale yellow Khorassan
at 67, all clean fibers present.
Woolen Wools Sales follow:
Scoured Pulled Domestic
60s 1-2i" white Texas $1.08
56s 2-2" choice white 1.00
Greasy Pulled Domestic
(Clean basis)


56/58s
56s
56s


35" & up choice white $1.07
11-2" white .95
2-5" light stain .94
Scoured Shorn Domestic


Calif. 58/60s good lambs $.92
60/58s white lambs .91-.92
Scoured Pulled Foreign
64/70s Aust. ave. 2 choice $1.23
Noils
Clear 64s Aust. nobles $.87
Semi-clear 64s Aust.nobles .84
64s Aust. Schlumbergers .64
64s Cape Schlumbergers .70
Wool Tops Turnover of wool tops was
slow with a light call for 64s and 70s and
some interest in oil-combed fleece 54s.


Late reports from the Minneapolis sale
showed over two million pounds sold at the
following prices: Graded fleece 64s-$1.12,
60/62s-$1.07, 56/58s-$1.06, 50/54s-$1.05,
graded territory 64s-$1.12-1.15, 60/62s-$1.08-
1.10, 56/58s-$1.08, 50/54s-$1.06. Original
bag territory bulk 1/2 and 3/8s-$1.05.



CLOSING FUTURES QUOTATIONS Nov. 17,
1960 (Furnished by the Wool Assoc. of the
New York Cotton Exchange)
December wool tops $1.495
March wool tops 1.491
64s grade 2.55" minimum length
December wool $1.125
March wool 1.150
64s grade 2 ave. stretched length





876


WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEWS

EASTERN SEABOARD Seasonal heavy movement
of holiday specialty items was a primary influ-
ence in reducing outlet for red meats and pork,
and the week's trading was rather dull. Bulk
of the fresh meats met moderate demand, but
beef fared better than other classes from a
movement standpoint as in many instances, beef
cuts shared prominently in pre-Thanksgiving
retail feature sales. Supplies were below nor-
mal for railstocks, and pork volume was moder-
ate, the cut-back in inshipments aiding measur-
ably toward clearances. Beef and pork were
well cleared except few beef hinds at Phila-
delphia while some lamb along with Standard and
Good veal and calf was unsold late at most
markets. Beef loins moved slowly and demand
for lamb centered mainly on cuts, loins and
ribs hardest to move. Choice and Prime veal
was scarce and short of trade requirements.
Steer beef closed steady to $2.00 higher,
bulk 50#-$1.00 up, the full advance on Good
steer carcasses at New York; cow beef mostly
steady, except Philadelphia mostly 50# lower.
Veal prices were steady at Baltimore and weak
to $2.00 lower at Philadelphia, while at Wash-
ington Choice veal sold $1.00-2.00 higher with
other grades steady. The trend at New York for
veal and calf was steady to weak. Lamb prices
were steady to $2.00 lower, bulk off around
$1.00. Pork loins declined progressively to
close $1.00-5.00 lower for the week with most
late sales $3.00 lower. Other pork cuts were
steady for the most part, except pronounced
weakness at Philadelphia, while at New York,
Boston butts advanced $1.00-2.00 and skinned
hams as well as spareribs sold steady to $1.00
higher.

CHICAGO Fresh meat supplies for the week
were normal for the most part but the coming
Thanksgiving Day holiday had a decidedly bearish
influence as competition from poultry items was
increased. Carcass beef, loins and squarecut
chucks were slow to move throughout the week.
Ribs found broad outlet at higher price levels
and rounds also sold fairly actively. Volume
of veal was moderate and this item sold at
prices steady with the previous week's decline.
Lamb was slow throughout with the best action
on shoulders and stews while hindsaddles were
hardest to move. Carcass lamb also slow with
weights over 55# in poor demand. Fresh pork
trade was uneven with pork loins selling sharp-
ly lower in a series of day to day declines.
Early advances on skinned hams were erased late.
Boston butts and spareribs moved fairly well
throughout the week with little price change.
Steer and heifer beef sold 500-$1.00 lower;
veal steady; lamb 35-55# down weak to $1.00
lower, 55-65# weights mostly $1.50 lower; pork
loins $2.50-3.00 lower; Boston butts 4-8# mostly
$1.00 higher; spareribs 3# down steady to 50#
lower.


PACIFIC COAST Slaughter operations were
curtailed in view of the approaching holiday and
the week's supply was moderate. Trading was
fairly active and in some instances supplies fell
short of trade requirements, particularly smoked
hams.
Choice steer beef sold steady to $1.00
higher, most advance at Los Angeles; Good steer
and all grades of heifer beef steady to strong,
some sales 50# higher in the northwest. Standard
beef was steady and cow beef was mostly steady
except instances $1.00 higher at Los Angeles.
Veal and calf averaged about steady. Lamb prices
were steady to $1.00 lower. Fresh pork cuts were
steady to $1.00 lower except for fresh skinned
hams which sold strong to $2.00 higher. Smoked
hams were steady to $1.00 higher with instances
$4.00 higher in San Francisco. Other smoked pork
was fully steady with instances $1.00 higher on
bacon in the northwest.

CARLOT MEAT TRADE REVIEWS

MIDWEST CARLOT DRESSED MEAT SUMMARY -
Prices declined on steer and heifer beef in
uneven trading with demand rather poor. Cow beef,
lamb and pork met moderate demand. Clearances
on steer and heifer beef were incomplete, while
near normal clearances were effected on cow beef,
lamb and pork products. Steer and heifer beef
closed steady to 50# lower; cow beef steady to
50# higher; lamb steady to $1.25 lower; pork
sides 80#-$1.05 lower; pork loins $3.00-4.00
lower, butts and fresh hams mostly steady to 50#
lower. Choice 600-700# steer carcasses closed
at $39.00-40.00, 700-800# $38.50-39.00, few car-
lots $39.25-39.50; Good 600-700# $36.75-38.00,
high-Good $38.25-39.00; Good 700-800# $36.00-
37.50, instances $38.00. Choice 500-700# heifer
beef $37.00-38.00; Good $36.00-36.50; Utility cow
beef $27.00-27.50. Choice including a few Prime
35-55# lamb carcasses $34.50-36.25, some $36.50;
8-12# pork loins $41.00-42.00; fresh hams 12-14#
$42.50-43.00, 14-16# $40.50-41.00; 4-8# butts
$31.50-33.00. U. S. 1, 2 and 3 135-155# pork
carcasses $23.95-24.75, 155-175# $23.80-24.45.

CARLOT SUMMARY Chicago, Denver, New York,
and Philadelphia. Trading was generally slow
throughout most of the week. However, beef was
fairly active toward the close and part of the
early declines were recovered. Steer beef closed
50# lower for the week at Chicago; steady to
mostly 50# lower at Denver; steady to 500 lower
at Philadelphia; and fully steady at New York
although bulk of the week's sales were 50# lower
at that market. Heifer beef was steady at Phila-
delphia; 50# lower at Chicago; and steady to
$1.50 lower, mainly $1.00-1.50 off at Denver.
Cow beef sold steady aside from a strong to 50#
higher trend at Philadelphia. Lamb sold steady
to $1.00 lower, instances $1.50 off on 55-65#
carcasses at Chicago. Pork loins declined $3.00
at Chicago and $4.00-5.00 at Philadelphia.





877


iOLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS
Weekly average of daily quotations in dollars per 100 pounds
----------------------------------------------------------
New York l Chicago San Francisco Los Angeles
Classification --------- ------ --------
:Nov. 19 : Nov. 21:Nov. 19 :Nov. 21 :Nov. 19 :Nov. 21 :Nov. 19 :Nov. 21


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


700-800
500-600
600-700

500-600#
600-700


Good 500-600
Veal -
Prime 90-120#
Choice 90-120
Good 90-120
Lamb -
Prime 45-55#
Choice 45-55
Fresh pork -
Loins 8-14
Butts 4-8
Spareribs 5# down
Cured pork -
Hams, sik. skd. -(Cook
before eating) 12-16#
Bacon, smoked, sliced -
1# package (box lots)
Picnics, smoked (Cook
before eating) 4-8#
Lard, 1# carton


: 1960 : 1959 : 1960 : 1959 : 1960 : 1959 : 1960


43.50
44.00
43.25
41.00
41.75


54.00
48.00
39.50


48.10
45.00
43.50
42.75
42.75


59.10
47.60
45.60


42.00
40.80
40.45
40.45

59.70
59.70
38.56

50.50
47.00
40.50


41.00 42.10 39.38
40.75 40.50 59.58


50.530
37.30
42.00


38.65
34.00
35.40


46.25
36.00
57.88


42.51
41.00
40.38
40.38


535.75
48.50
42.75


39.00
37.25
38.00
36.000

37.50
36.00




47.00
-- ~
47.0 O


42.50
40.50
42.00
59.50







55.00


38.12
56.81
37.00
56.00

58.00
37.06
36.00


t 1959
ll9--

42.00
40.00
40.50
59.00


-- 539.00 42.75
59.19 39.50 40.75 39.00 42.75


56.10
29.20
31.00


53.75
435.00
45.00


42.50
35.50
59.00


50.25
41.50
40.58


41.50
55.50
57.12


46.20 42.50 52.25 48.50 51.00 48.00 49.50 47.50


49.60


37.10 49.50 39.50 53.25 41.25 51.12 41.00


32.60 29.75 35.50 32.00 32.50 51.00 55.00 31.50
16.50 13.25 15.00 13.00 17.00 15.50 16.75 13.75


BULK PRICES CARLOT BASIS WEEK ENDED NOVEMBER
Cl asification Prces paIdFo-.-.B.
: PC2ce Oenver : :m
ChIte 6 4ef0 00 --- -85-95 --------
Choice 600-700# 40n-n-4050 385.50-39.50 39 25-39.75 42?.


Good


Heifer beef -
Choice

Good


Cow beef All weights -
Utility
Canner and Cutter
Lamb -


Choice


Fresh pork -
Loins


39.50-40.00
38.50-39.00
38.50-39.00
38.50-39.00
37.50-38.50

38.00-38.50
38.00-58.50
56.50-37.00
36.50-37.00

27.50-28.00
26.50-27.00

36.00-37.00
36.00-57.00-
34.00-55.00
36.00-37.00
36.00-37.00
34.00-55.00


38.00-59.00
37.00-537.50

54.00-37.50
34.00-37.50

39.00
56.25-37.00



26.50-29.00





34.50-56.00
34.50-36.00
33.00-33.50


8-12# 42.00-435.00


38.25-58.75
37.75

37.25-37.75
36.25-37.25

37.00-37.75
37.00-37.75
35.50-36.50
55.50-36.00

27.00-27.25
25.75-26.00


35.25-55.75
35,25-55.75


42.50-43.00


18, 1960

rewTrdor 7 Th Illdeipa


00-42. 50


41.00-41.50
40.00-41.00
40.00-41.00
39.00-40.00
38.50-40.00


58.00-41.00
37.50-40.00
56.00-58.00
38.00-41.00
57.50-40.00
56.00-58.00


42.00-42.50
41.00-42.00
59.00-40.50

30.00-41.00
57.50-40.50


40.00-41.00



28.00-29.50
27.00-28.00

37.50-38.50
57.00-57.50
56.00-36.50
37.50-58.50
57.00-37.50
56.00-37.00

44.00-45.00


Good

Heifer beef -
Choice


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

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


Prime


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


--





878


COLD STORAGE HOLDINGS OF MEATS AND LARD, OCTOBER 51, 1960

A 3-million pound net reduction in storage stocks of red meats during October compares
with an increase of 12 million for the period last year and an average increase of 25
million pounds. Stocks on November 1 totaled 400 million pounds, 5 percent below
holdings of a year earlier but 8 percent above average. Beef stocks increased 9
million pounds during October to 171 million on November 1. These stocks were 5 per-
cent above holdings of November 1, 1959 and 26 percent above the 1955-59 average. A
14-million-pound net reduction in pork stocks during October compares with a net
increase of 21 million pounds for the period last year and an average increase of 12
million. Pork holdings totaled 144 million pounds on November 1. These stocks were
22 percent below holdings of a year earlier and 15 percent below the average. All
frozen pork items were reduced during October.



UNITED STATES STORAGE HOLDINGS OF MEATS AND LARD, OCT. 31, 1960 WITH COMPARISONS
(Includes holdings in public, private and semi-private
cold storage houses and meat packing plants)
- -. -. - - - - ---- -
Commodity : October October September October
: 1955-59 av. : 1959 : 1960 1960
-----.---.-.----------YQ-^-----------~ ----------- ~oo Ib
1,000 lb. 1,000 lb. 1,000 lb. 1,000 lb.
Beef:
Frozen. . 126,049 152,548 151,762 160,755
In cure and cured 9,909 10,117 10,200 10,191
Total . 155,958 162,665 161,962 170,944
Pork, frozen:
Picnics . 1/ 4,571 5,009 4,524
Hams.. .. .... ..- 1/ 36,917 40,559 59,493
Bellies . T/ 25,540 18,813 16,918
Other frozen pork cuts. .. T/ 74,092 58,860 48,519
Total . 108,364 141,120 125,221 109,254
Pork in cure or cured:
Dry salt bellies. 1/ 6,095 5,705 5,589
Other dry salt pork T/ 6,518 4,544 4,745
Other pork cuts . T/ 51,092 26,542 26,720
Total . 57,786 45,705 54,591 54,854
Total pork . 166,150 184,825 157,812 144,108
Other meats and meat products:
Veal, frozen. . 11,655 8,024 9,281 10,949
Lamb and mutton, frozen 9,720 12,500 12,644 12,480
Canned meats in cooler. 46,400 52,805 61,110 61,797
Total all meats 369,883 420,617 402,809 400,278
Lard, rendered and refined 2/ 76,678 80,400 92,500 4/
GOVERNMENT HOLDINGS V/ -
Pork. ... 4,882 2,156 2,695 1,871
Beef. .. ... 3,396 1,450 5,110 2,501
----------------- ----------------------------------------------
S/Not reported separately prior to 1957. 2/ In dry and cold storage as reported
by Bureau of Census. 3/ Government holdings are included in the totals and consist
of reported stocks held by U.S.D.A., the Armed Services and other Government agencies.
4/ Not available.





879


UNITED STATES EXPORTS OF MEATS


Commodity


EXPORTS (Domestic) -
Beef and veal -
Fresh or frozen (except canned) .
Pickled or cured (except canned) .
Pork -
Fresh or frozen (except canned) .
Hams and shoulders, cured or cooked .
Bacon . . .*
Pork, pickled, salted or otherwise cured, n.e.c.
Sausage, bologna & frankfurters (except canned)
Meat and meat products (except canned) n.e.c. ..
Beef and pork livers, fresh or frozen .
Beef tongues, fresh or frozen . .
Variety meats, n.e.c. (except canned) .
Meat specialties, frozen, n.e.c. .
Canned meats -
Beef and veal . . .
Sausage, bologna and frankfurters .
Hams and shoulders . .
Pork, canned, n.e.c. . .
Meat and meat products, n.e.c. . .
Lamb and mutton (except canned) . .*
Lard (includes rendered pork fat) .*
Shortenings, animal fat (excl. lard) .
Tallow, edible . . .
Tallow, inedible . . .
Inedible animal oils, n.e.c. *.
Inedible animal greases and fats, n.e.c. *.


Compiled from official records, Bureau of the Census.


: Sept.
: 1960
Pounds

788,252
1,798,454

4,106,292
607,569
608,094
1,595,411
128,509
179,401
5,557,581
2,705,044
3,110,173
772,888

169,018
74,814
39,487
146,545
114,159
171,346
42,518,665
192,620
825,088
91,457,555
429,818
14,194,985


: Sept.
: 1959
Pounds

818,144
1,714,796

1,709,629
1,605,626
1,441,779
1,187,986
196,546

4,505,522
2,728,410
1,678,792
657,745

195,670
114,605
71,882
529,169
569,290
55,091
57,279,280
21,720
2,456,111
119,519,146
1,507,585
10,126,407


Compiled from official records, Bureau of the Census.


UNITED STATES EXPORTS OF LIVESTOCK
:- -----------ept -- -:- et. -

---------------- : 1960 : 1959
Number Number


Cattle (for breeding) -
Dairy.............
Ex. dairy # o. a
Other (ex. for breeding). .
Hogs . .
Sheep . .


1,169
950
814
505
407


722
824
1,094
5,285
585





880


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


UNIVERSITY OF FLORIDA

3 1262 08735 6670
Postage and fees paid
U. S. Department of Agriculture


OFFICIAL BUSINESS

Form AMS-11/22/60
Permit 1001.


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


SHEEP AND


IAMBS:
In


WEEKLY
dollars


AVERAGE OF DAILY
per 100 pounds


QUOTATIONS


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


Classification


SLAUGHTE-- -- -- -- -- -


SLAUGHTER
Prime

Choice

Good


Chicago Omaha :Kansas:Fort
: :City :Worth


LAMBS: (Wooled) 110# down
Nov. 19, 1960 18.05
Nov. 21, 1959 -
Nov. 19, 1960 17.55
Nov. 21, 1959 18.62
Nov. 19, 1960 15.80
Nov. 21. 1959 17.30


-- 17.00


--
17.05
18.38
L5.85


16.50 16.55


18.58
15.40


17.95
16.05


S: : North
: Denver, Ogden: Port-
land


-- 16.50 --

17.15 15.75 16.51


18.30
15.95


16.85
14.75


17.00
15.50


L7.50 17.25 17.45 17.88 16.22 16.50


EWES: (Wooled) All wts.
Good and Nov. 19, 1960
Choice Nov. 21, 1959
Cull and Nov. 19, 1960
Utility Nov. 21, 1959

FEEDER IAMBS All wts.
Good and Nov. 19, 1960
Choice Nov. 21, 1959

*Shorn basis.


4.75
4.20
4.50


5.88
5.12
4.12


4.62* --
4.25* --
5.82* 5.12*


5.12* 4.50*
5.58* 4.50


4.88
5.00


4.12* 5.00* 5.75


3.25 3.88 35.50* 6.50* 35.75* 5.00 3.50


-- 16.00


-- 14.62 16.70 14.50 14.69


-- 17.88 -- 16.50 18.15 15.70 14.88


/




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