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

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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).

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University of Florida
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Resource Identifier:
aleph - 004691915
oclc - 04512121
lccn - sn 87043107
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lcc - NOT IN LC
ddc - 338.105
System ID:
AA00008493:00147

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 AGRJCULTUR
WASHINGTON 25, D. o


Vol. 28, No. 34


i, 1960


Week ended August 20


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

Wool Market Review . .
Wholesale Meat Trade Reviews .
Wholesale Dressed Meat Prices .


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Special to this issue


Federally Inspected Slaughter, by Regions, July 1960 .
Livestock Prices and Composite Meat Values, July 1960 .
Meat and Meat Food Products Processed and Canned under
Federal Inspection, July 5-50, 1960 . .
Stocker and Feeder Cattle and Sheep Received in Several
North Central States, July 1960 . .
The Livestock and Meat Situation, August 1960 .
United States Exports of Meats, June 1960 .
United States Exports of Livestock, June 1960 .


Livestock Market Reviews .


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626


Continued liberal marketing coupled with
lower wholesale dressed beef prices were the
main contributing factors in a generally steady
to 500 lower trend on slaughter steers and heif-
ers. The number of slaughter steers sold out of
first hands at the 7 markets totalled 86,678
head compared with 88,784 head the previous week,
and 75,541 head a year ago. Generally higher
prices on cows prevailed for the second consecu-
tive week. The week's trend wa. strong to 750
higher with a few points 750-$1.25 higher.
Stockers and feeders were mostly steady to
strong. Combined receipts of hogs at the 12
markets and the Interior Iowa and Southern Minne-
sota area were a little above the previous week,
but continued well under a year ago. Barrows
and gilts were mostly 254-$1.00 lower, sows 50-
75* lower. The overall price pattern on slaugh-
ter spring lambs was steady to strong, but
slaughter ewes were steady to 750 lower.

SLAUGHTER CATTLE AND CALVES Cattle
marketing at the 12 terminals continued liberal
being slightly more than the previous week when
the volume was the largest since mid-July. Out-
let for slaughter steers and heifers was rather
narrow at most points and both classes sold on
a steady to lower basis. Comparatively large
receipts and higher prices on carcass steer and
heifer beef at major wholesale meat centers were
the principle bearish factors in the week' s
trading. Slaughter steers sold steady to 50O
lower at most terminals. Slaughter heifers were
steady to 500 lower with prices at St. Paul 750-
$1.00 lower on the Good and Choice. Moderate
supplies and upturns on cow beef influenced a
strong to 750 higher trend on cows with sales at
St. Joseph and Omaha 754-$1.25 higher. Bulls
were steady to 50 higher. Vealers sold steady
to $1.00 higher at St. Paul but $1.00 lower at
St. Louis. Slaughter steers and heifers contin-
ued to form the bulk of the receipts at most
points with the Good to average Choice grades
predominating. At Chicago, the average price of
slaughter steers $24.74 fell to the lowest level
since October 1957. The seven market average
cost was $24.04. High-Choice and Prime steers
were very scarce with Prime accounting for only
7 percent at Chicago and virtually absent at
other points.
Two loads of mostly Prime 1150# and 1267#
slaughter steers sold at $27.75 and $28.00 in
Chicago. At Chicago loadlots of high-Choice and
mixed Choice and Prime slaughter steers sold
mostly f-om $25.75-27.50; Bulk Good to aver-
age-Choice $22.25-25.50, with most average-
Choice $24.50-25.50. At the other points a few
loads of high-Choice and Prime brought $25.25-
26.00, bulk Choice $24.00-25.00, high-Good and
low-Choice $23.00-23.75, most Good $21.50-23.00,>
Standard and low-Good $18.00-21.50. A few loads


of high-Choice and mixed Choice and Prime slaugh-
ter heifers sold from $24.75-25.50, Choice $23.00-
24.50, Good and low-Choice $20.50-23.00. Utility
and Commercial cows mainly $14.00-16.00, few
$16.50, Canners and Cutters $13.00-15.50, some
$12.00-13.00.

STOCKER AND FEEDER CATTLE AND CALVES -
Receipts of stocker and feeder cattle and calves
at terminal markets were somewhat increased over
the previous week, but even so were not overly
large in volume. There was very little improve-
ment in the over-all quality, which as usually is
the case during July and August, had been at a
relatively low level in recent past weeks. Medium
to low-Choice grades predominated. A large per-
cent of the supplies consisted of 525-5CPd- steers
but there was a moderate increase in numbers of
900-1100# feeders coming from pastures and range
country. Although buyers still exhibited a con-
siderable degree of caution in making purchases,
indications continued to point to an expanding
demand and in fairly active trading prices gener-
ally were steady to strong. At Oklahoma City
prices were strong to 500 higher and at Wichita
yearling stock steers were as much as $1.00 high-
er. There also was increased activity in range
contracting both for immediate and fall delivery.
Range feed conditions in some western areas in
recent weeks have been below average as a result
of adverse weather, but as yet, there has been
little, if any, indication that conditions were
severe enough to force premature marketing in
significant volume.
Majority Good and Choice 800-1050# feeder
steers sold from $21.00-23.50, few Choice 750-
850// $24.00-24.50, these usually already having
received a start on grain feeds. Several ship-
ments Choice 1046-1206# grass steers sold from
$21.00-25.00, four loads Choice 920# feeders
$23.50. Medium and low-Good feeders ranged $18.00-
21.00. Good and Choice 550-700# yearling stock
steers bulked $22.00-25.50, few Choice 550-625#
$25.65-26.00. Medium and low-Good stockers sold
from $18.50-22.00, majority $19.50-21.50. Good
and Choice yearling heifers brought $20.00-23.50,
few Choice 525# $24.00-25.00. Choice 299# mixed
steer and heifer calves reached $30.00, but most
Good and Choice 400-500# steer calves sold from
$22.00-27.25, same grades heifer calves $20.00-
25.00.

HOGS Terminal Markets Receipts of hogs
at the 12 markets were down 3 percent from a week
earlier and were 12 percent under a year ago.
Bulk of the barrows and gilts fell in a 190-250#
weight range with a continued increase of 190-230#
averages. Sows made up 8-27 percent of the
receipts at the various markets. For the fourth
consecutive week prices on barrows and gilts were
lower. Despite some recovery at many centers


MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES






627


toward the close, barrows and gilts sold 250-
$1.00 lower, mostly 500-$1.00 off for the week.
Sows were 25-750 lower.
On Friday U. S. 1 and mixed No. 1-2, 190-
250# barrows and gilts, some sorted for grade
and weight, sold at $16.75-17.50, largely
$17.00-17.25. Mixed U. S. 1-3, and U. S. 2-3,
mainly 190-280# offerings brought $16.25-17.25.
U. S. 1-3, 270-600# sows sold at $13.25-16.00,
mainly $13.50-16.00, some No. 1-2, around 270-
33(0 $16.25 at St. Joseph.
Feeder pig prices declined 500-$1.00 at
Sioux City and generally $1.00 at St. Paul. At
Sioux City, Good and Choice 150-170# feeders
brought $15.50-16.25, Medium and Good $15.00-
15.50. Good and Choice, mostly Good 130-160C
offerings at St. Paul closed at $15.00-15.50.
Average cut-out value advantage of U. S.
No. 1 over No. 5 live basis 200-220# barrows and
gilts was 870 per cwt based on wholesale carlot
prices of fresh pork cuts at Chicago August 11
to August 17, inclusive.
HOGS Interior Iowa-Southern Minnesota
Area Receipts were around 9 percent larger
than in the preceding week, but were 4 percent
less than the corresponding week last year. Bulk
of the butcher supply consisted of mixed U. S.
1-3 200-240# offerings. Sows made up 16-17 per-
cent of receipts. The expanded marketing were
fully ample and in some parts of the area ex-
cessive for the moderate demand and prices de-
clined. Butchers closed 60#-$1.00 lower than
on the preceding Friday, sows 35-500 lower.
No. 1-3 200-240# butchers sold from $15.75-16.50
with few lots No. 1 and 2 $16.50-16.75; No. 1-4
270-400# sows brought $14.00-15.90, 400-550#(
$12.00-14.25.

SHEEP AND IAMBS Receipts at the 12 mar-
kets were about 5 percent larger than the pre-
vious week and just slightly more than the corre-
sponding week last year. Price changes during
the week were relatively mild as demand proved
fairly reliable. Spring slaughter lambs were
steady to strong, although instances as much as
500 lower at St. Louis and $1.00 higher at
Indianapolis. The small volume of old crop
lambs and yearlings sold mostly steady while
slaughter ewes were mostly steady to 500 lower
with instances as much as $1.00 off. Ewe prices
at Chicago were 500 higher. Feeder lambs mostly
steady, instances 250 higher.
Choice and Prime 85-110# spring slaughter
lambs sold from $18.00-21.50, mostly $18.50-
20.50, a few Prime $21.75-22.00; Good and
Choice $16.50-18.50, a few to $19.50 at Chicago
and St. Louis. Cull to Choice shorn slaughter
ewes bulked from $2.00-4.00. Good and Choice
50-83# spring feeder lambs sold from $15.00-
17.00, and most Choice western feeders brought
$16.50-18.00 with three loads Choice 65-69#
weights $18.00-18.50 at Omaha.
In the Interior Iowa-Southern Minnesota
area, receipts were around 4 percent more than
the previous week and 10 percent above last


year. Spring slaughter lambs comprised the
bulk of receipts and about 15 percent were
shorn offerings. Prices closed fully steady on
all classes. Choice and Prime, mostly Choice
80-105# spring slaughter delivered to packing
plants brought $17.50-18.50, few Prime $18.75,
Good to low-Choice mainly, .00-17.50. Cull
to Choice shorn slaughter/brought $2.00-4.00.

RANGE AND FEEDLOT SALES

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

ARIZONA, CALIFORNIA, NEVADA, AND UTAH -
Direct trade on slaughter steers and heifers
rather slow, steady to 25f lower, all other
cattle classes and slaughter spring lambs
steady.
Slaughter steers: Three loads Choice
1000-1050# delivered to plants $26.00-26.50, 46
loads Choice 925-1125# $25.50-26.25, 29 loads
Choice 1100-1500# $25.00-25.50, 102 loads high-
Good and low-Choice 900-1125# $24.40-25.40, 65
loads high-Good to mostly Choice 1150-1515#
$24.00-24.75, 77 loads Good and low-Choice
750-1100# $22.75-24.50, 45 loads Standard and
low-Good 850-1200# $20.00-22.50.
Slaughter heifers: Six loads Choice 800-
900# $24.50-25.00 delivered to plant, 49 loads
high-Good to mostly Choice 775-1000# $24.00-
24.75, 24 loads Good and low-Choice 680-1020#
$22.75-25.75; 12 loads Canner, Cutter and
Utility cows $12.00-14.00. Around 4200 head
Good and Choice 400-600# stock calves with
steers $24.00-26.00, heifers $21.00-22.75, 550
head Good and Choice 650-875# steers $21.00-
25.50, 100 Good and Choice 910-912# $20.00-
20.25, 550 Medium and Good 600-675# $21.00-
21.25, 500 Good and Choice 560-675# heifers
$20.25-20.75.
Slaughter spring lambs: About 29 loads
Choice and Prime 95-120# California lambs with
mostly No. 1 pelts $18.00-18.50, 10 loads
Choice and Prime 92-110Q? wooled $18.00-18.25
in Nevada, load Choice and Prime 95# wooled
$18.00 in Utah.

COLORADO, SOUTHERN WYOMING, WESTERN
NEBRASKA, AND WESTERN KANSAS Trading on fed
cattle direct at the feedlots in Colorado was
moderately active. Slaughter steers sold
steady to 250 lower, slaughter heifers closing
25f to fully 50f lower. In Colorado, 55 loads
average and high-Choice 1025-1175# slaughter
steers $25,25-25.50; 105 loads mostly Choice
1000-1400# $24.50-25.15; 45 loads Good and
low-Choice 950-1200? $22.50-24.25. Around 165
loads Choice 800-1050# slaughter heifers
brought $24.25-25.50, 12 loads high-Good and
Choice 900-1025# $25.50-24.40.
Demand Good for feeder cattle with con-
tracts and sales on over 6,200 head feeder








628


cattle confirmed at fully steady prices. Sand-
hills of Nebraska: Several lots of Good and
Choice two-year-old 950-1050# steers $22.00;
two.big strings totaling over 3,000 head 1075-
1150# three-year-old steers with small end of
two's $20.00. Around 900 Good to Choice 650-
725# feeder heifers $22.25-23.00. Western Kan-
sas: Over 300 Good 725-775# feeder steers
$22.00-22.50; 130 Good and Choice steers to
weigh around 625-650# in October contracted at
$24.00. Three loads Good to mostly Choice 575#
feeder heifers $23.00, October delivery.
Wyoming: Good to Choice 625-650# feeder steers
$23.00-25.25, load two-year-old steers $22.00.
Colorado: Around 13 loads Good and Choice
800-925# feeder steers $22.75-25.00 with 300
head for early September delivery expected to
weigh 650-675# $23.00. 260 head Good and Choice
650# feeder heifers $22.75.
Wyoming: Two small strings Good and Choice
65-75# feeder lambs for October delivery $17.00.
Colorado: Around 1,900 Good and Choice mixed
slaughter and feeder lambs for September de-
livery $17.25. Around 12 loads Choice and Prime
89-100# spring slaughter lambs $20.00-20.25,
load $20.50.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Direct
trade slaughter steers and heifers slow, steady;
stockers and feeders more active than any time
for past several weeks, fully steady; 14 loads
Good and low-Choice 925-1100# slaughter steers
$22.75-23.50, 8 loads Standard and Good 875-
1150# $21.50-22.50; 7 loads Good and low-Choice
768-885# fed heifers $22.00-23.50, 4 loads
Standard and Good 759-840# $21.00-22.00; 3,200
Good and Choice 600-750# stocker and feeder
steers for late September through mid-November
delivery $22.00-23.50; 1,900 Good and Choice
600-750# heifers $21.00-22.50; 3,000 Good and
Choice stock calves to weigh under 450# at
October delivery $26.00 on steers and $24.00 for
heifers.
Amarillo Area Slaughter steers steady to
500 higher, heifers steady; stockers and feed-
ers firm. Good and Choice 950-1300# slaughter
steers $22.00-25.00, 10 loads average to high-
Choice 1350-1500# $35.00-39.00 on carcass basis;
load Choice 1065# fed heifers $24.00; Good and
Choice 625-870# stocker and feeder steers $20.00-
23.50 and 625-717# heifers $20.50-22.25; Good
and Choice stbeck calves $22.00-26.00 on steers
and $20.00-24.00 on heifers; 500 Choice 450#
steer calves $28.00; 4 loads Medium cows with
calves $255.00 per pair.


IDAHO, OREGON AND WASHINGTON -
Slaughter steers mainly weak to 250 lower, heif-
ers mostly steady; stocker and feeder cattle
fully steady to strong; spring slaughter lambs
steady to 750 higher with feeders steady to weak.
Slaughter steers: Washington Bulk Good
to mostly Choice 1000-1100# $25.50-26.25, several
loads Choice 960-1050# $26.50; mixed Good and
Choice 1100-1200# $235.50-23.75. Idaho Good
to mostly Choice 930-1150# $24.75-25.50, and in
Northwest Montana, mostly Choice 1000-1100#
$25.00-25.25. Heifers: Washington and Idaho -
Good to mostly Choice 825-975# $235.00-24.00.
Stocker and feeder cattle and calves:
Washington Good and Choice 650-700# steers
$23.30-24.00 with 500-700# heifers $21.00-21.30.
Idaho Good and Choice 600-675# steers $23.50-
24.00, 750-885# $22.00-22.50; Good and Choice
700# yearling heifers 421.00, September 1 de-
livery. Oregon Good and Choice 600-800# year-
ling steers $23.00-24.00, current to September
15 delivery; Good and Choice 450# stock calves
$24.50 on steers, $22.00 on heifers, October de-
livery.
In the 3 states, Choice and Prime 95-105#
spring slaughter lambs $17.00-17.50.

MONTANA, NORTHERN WYOMING AND WESTERN
DAKOTAS Direct trading on slaughter cattle was
slow with sales confirmed on only 2 loads Choice
1050# steers at $25.25. Stocker and feeder
cattle moderately active, yearlings fully steady
with two and three-year-old steers steady to
weak. Stock calves slow, about steady. Sales
and contracts were confirmed on about 12,000
stocker and feeder cattle, but only 500 calves.
For immediate to September 15 delivery: Good
and Choice 625-725# yearling stock steers $22.50-
25.50, 1,400 575# $24.25; same grades 900-950#
2-year-old steers $21.00-21.50, Medium and Good
$20.00; 1,200 Good and Choice 1200# 3-year-olds
$19.25. Around 700 Good and Choice 500# stock
heifers $22.27, same grades 575-675# $20.00-
21.50 and 250 Choice and Fancy $22.25; 325
Choice 850# heifers $21.50. Good and Choice 375-
450# stock calves, steers $25.00-26.00, heifers
$22.00-23.00; few Choice and Fancy steers $26.00-
28.00, heifers $235.00-24.00.
Trading on sheep and lambs slow with prices
weak. Around 260 Good and Choice 70-90# feeder
lambs in Montana and Northern Wyoming $15.00-
16.00 for immediate to early Fall delivery.
Southern Montana, 1,000 mostly Good yearling
breeding ewes for immediate delivery at $16.00
per head.






629


WEEKLY RECEIPTS OF SALABLE LIVT T'r AT 12 PUBLIC -'VAFTS
-attl Calves : Hogs :- -- Sheep anid ambs
Market : Aug. 20 : Aug. 22 : Aug. 20 : Aug. 22 : Aug. 20 Aug. 22 Au. 20 22
: 1960 : 1959 : 1960 : 1959 : 1960 : 1959 1 1 .' :' 1959
Chicago ................ 42,658 44,227 181 ::4 28,494 31,952 3,703 5,582
Cincinnati ............. 5,045 5,359 605 746 11, -! 15, 36 1,799 1,98
Denver ................. 9,055 10,281 194 185 4,505 5,941 25,099 17,51i
Fort Worth ............. 11,484 8,020 1,697 2,352 2,382 6,017 6,148 3,906
Indianapolis ........... 7,772 7,361 1, 55,572 40,5539 3,968 4,
Kansas City ............ 23,572 21,405 1,799 1,292 16,520 16,821 2,560 4,715
Oklahoma City .......... 13,189 11,490 1,470 899 3,593 3,169 714 1,226
Omaha .................. 37,532 35,547 477 802 51,685 38,090 11,545 15,482
St. Joseph ............. 17,106 15,947 627 650 19,853 25,788 4,0355 4,190
St. Louis NSY .......... 17,054 15,738 2,9q 35,C4 52,258 60,254 4,866 35,703
Sioux City ............. 26,476 28,167 507 1,249 27,603 32,776 7,416 7,903
S. St. Paul ............ 21,695 20,923 5,894 3,682 46,495 47,722 8,008 9,607
Total .................. 230,616 222,465 15,528 16,677 280,050 317,185 78,559 77,949


Aug. 13 1960 227,758 14,235 290,014
INTERIOR IOWA AND SOUTHERN MINNESOTA
Aug. 20, 1960 Aug. 13, 1960 Aug. 22, 1959
Hogs ..... 530,000 285,000 324,0.-J
Sheep .... 27,100 26,uu0 24,600

STOCKER AND FEEDER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER

: Week ended : Month :
Aug. 18 !Aug. 11 : Aug. 20 July : July :
------- ----- -- -:1.6Q J XOJ 1%2. _26 a52
Steers 1001# up ............ 479 334 1,166 949 1,854
901-1000 ............ 1,805 1,530 2,976 35,214 7,043
801-900 ............. 3,194 2,575 4,291 7,788 12,950
701-800 ............. 4,728 4,397 4,105 13,384 12,243
501-700 ............. 8,733 9,127 112794 31L770 54,047


74,976


Total steers
Av. wts. "
Av. cost* "I






nH n I
II It I
II I It
It It I
It It I
H H It


10 market
w n

Chicago
Kansas C
Omaha .
S. St. 1
Sioux Ci
Denver .
Ft. Wort
Oklahoma
S. St. CJ
St. Loui
- 10 mai


" heifers "
" cows "


ts ...... 18,939
...... 718#
...... $21.22
......... 22.45
ity ..... 21.29
.......... 21.80
Paul ..... 19.99
Lty ...... 22.95
......... 21.31
h ....... 20.44
a City ... 19.91
Foseph ... 20.25
is NSY ... 20.49
rkets .... 14,847
" .... 3,518
H .... 548


Not adjusted for differences in grade of cattle sold at each market.
ESTIMATED PERCENT OF STOCKER AND FEEDER CATTLE AND SLAUGHTER COWS IN SALABLE RECEIPTS

Kansas* .S. St. 0 Sioux S. St.:Indian-' Ft. Okla. San
Week ended :Chicago Cy maa.: Josep:Lous: y au :polis :enver:rth City ichita An io
City -Joseph NSt City k Paul -apolis D n Worth City -t oi
Stockers and feeders


Aug. 19,
Aug. 12,
Aug. 21,


1960
1960
1959


Aug. 19, 1960
Aug. 12, 1960
Aug. 21, 1959


2 45 10 14 8 16 4
2 45 9 13 8 15 3
2 49 12 21 6 26 5
Slaughter cows
5 11 7 7 12 8 17


5
6


10 8 7
9 10 6


14 6
10 8


3 18
3 12
3 12


60
70
60


76 46 55
72 50 65
81 44 40


9 30 20 14 24 15


20 8 18
20 13 20


20
20


17 22
7 23


17,963
703#
$20.88
22.90
21.28
21.65
18.96
22.61
22.23
19.43
19.51
20.58
20.78
14,493
35,611
616


24,332
730#
$26.61
27.49
26.24
27.66
24.86
28.13
26.12
26.69
26.00
25.69
26.20
10,461
5,100
546


57,105
690#
$21.66
23.47
21.81
22.25
21.32
23.24
23.21
20.75
20.51
21.40
22.19
56,396
9,444
2,141


68,117
717#
$26.75
27.44
26.47
27.47
25.28
27.95
26.03
25.95
26.32
26.39
25.74
43,383
12,945
2,545


15
17









STEERS SOLD OUT OF FIRST HANDS

S Number of head :Percent of total
S by grades
Tr-Md A _- - --- -


FOR SLAUGHTER 1
SAverage weight
(pounds)


: Average price in
:dollars per 100 lb.


Week ended
:TAg7 T8- ~:TA g7 7O;:AU: g IB~:Aig7 20~:T~Ag7'lg
: 1960 : 1959 : 1960 : 1959 : 1960
-- --- -me m e- m e a
CHICAGO
Prime.......... 2,240 2,737 7.0 9.0 1,244
Choice........ 21,050 20,145 65.9 66.2 1,180
Good....**....... 7,765 6,807 24.5 22.4 1,079
Standard....... 752 718 2.4 2.4 1,014
Commercial..... 19 -- .1 1,440
Utility........ 109 58 .3 -953


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.......
Utilityd.......
All grades.*..


221
10,225
6,931
1,116
91
18,584

39
7,998
4,587
719
42
1J385


2,013
3,947
6953

50
6,7053


1,904
3,492
717

150
6,2653


20
8,159
6,982
667
72
15,880

219
5,780
2,559
263
70
8,891


2,259
2,064
335

35
4 693


1,059
5,719
740

88
5,606


-1- -ykA _
OMAHA
1.2 .1
55.0 51.2
37.3 44.0
6.0 4.2
.5 .5

SIOUX CITY
.3 2.5
59.7 65.0
34.3 28.8
5.4 2.9
.5 .8

-- N.A --

50.0 48.1
58.9 44.0
10.3 7.1

.8 .8

ST. LOUIE NSY


50.4
55.8
11.4

2.4


18.9
66.53
13.2

1.6


1I56 -

1,295
1,159
1,055
1,018
929
1 12

1,350
1,165
1,065
1,007
940
1,122
L2 2

1,156
1,085
991

909
1,094


1,079
1,020
952

926
1,026


S~ .T.J -SMp


3,337
5,782
338

7,457



1,798
507


2,351


2,847
3,586
538
28
6,999



2,033
931
63

3,027


44.7
50.7
4.6


40.7
51.2
7.7
.4


1,119
1,075
1,023

1,092


:AiA7g 20~: Aug. 18 ~ ug. 206
: 1959 : 1960 : 1959 -


1,027
1,074
1,022

827
1,055



1,128
1,085
1,052
1,055
1,100


1,244
1,194
1,080
999

954
1L168

1,350
1,169
1,063
1,021
1,0253
1,116

1,195
1,154
1,068
1,028
956
1,125


1,089
1,097
1,020

1,110
1gt088_


in -jDmmm


76.5
21.6
1.7
.2


67.2
50.7
2.1


1,188
1,098
1,055
1,033


1,168
1,158
992


1,166 1,155


24.98
25.76
18.16
16.50
24.61


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


26.52
25.05
25.69
20.91
20.00
18.94
24 J74

25.61
24.35
22.75
19.70
17.67
23.52

25.26
24.16
22.89
19.85
17.62
25.52


24.89
25.55
20.75

17.54
25.67



24.753
25.56
20.49

17.50
25.57




24.85
23.15
19.36

23.77


28.61
27.50
26.55
24.48

22.57
27.30

28.10
27.21
25.91
25.32
22.00
26.49

28.40
27.28
25.97
23.54
21.65
26.81


27.27
25.92
25.77

21.90
26.40



27.50
25.76
24.17

21.52
25.79



27.20
26.11
24.20
22.00
26.41



26.86
25.91
21.88

26.48









WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS


l -e- cUig : Cailves Hogs : Sheer
_------------------ -y---c------------------------------~_---_-------------I----
City or Area : Aug.20 : Aug.22 :Aug.20 : Aug.22 : Aug.20 :ug.22 : Aug.20
1960 : 1959 :_ 1960 : 1959 : 1960 _: 1959 : 1960


Boston, New York City Area...
Baltimore, Philadelphia......
Cin.,Cleve.,Detroit,Indpls...
Chicago Area.................
St. Paul-Wisc. Areas..........
St. Louis Area..,............
Sioux City-So. Dakota Area...
Omaha Area...................
Kansas City.................
Iowa So. Minnesota.........
Loutl.Evan 1l.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...


12,152 12,478
8,873 7,5306
20,388 19,050
19,632 16,250
31,654 28,976
12,134 11,310
25,498 19,542
39,278 33,666
17,157 12,691
36,417 31,564
7,832 6,845
8,378 6,5354
19,429 16,606
12,395 10,282
18,972 19,274
28,509 24,887
8,121 7,481


11,998
2,077
5,560
5,125
14,484
2,145

121

7,054
3,997
6,261
1,203
6,073
210
1,462
354


11,084
754
6,063
6,840
12,106
2,424

172
D--
5,711
5,3355
2,959
1,226
4,317
275
843
402


44,541
20,358
127,538
31,264
88,570
65,983
76,527
70,907
31,105
247,162
54,191
23,519
35,284
12,297
14,169
25,923
13,457


46,872
25,985
131,172
29,129
95,369
68,282
82,124
70,879
37,055
254,204
54,721
19,795
41,615
11,655
14,468
25,534
16,502


41,685
4,113
17,291
6,248
12,507
4,238
15,595
15,193

32,287


9,504
27,849
27,838
34,770
8,484


and lambs
: Aug.22
: 1959


36,1 "
2,865
13,360
5,285
10,578
4,036
15,525
10,610

31,470
--

5,244
16,229
25,973
30,828
7,760


Total..................... 5324,819 284,540 67,904
9,925,606 2,175,680


Accumulation to date*******


9,034,850


60,489 982,795 1,025,341 257,400 216,129
36,593,648 7,863,545


,100,2B2


36,120,162


7,456,55


Week ended


Aug. 20, 1960 .
Aug. 135, 1960 .
July 30, 1960 1/ .
Aug. 22, 1959 1/. .

Percentage change from:
Aug. 13, 1960 .
Aug. 22, 1959 .


ESTIMATFJ) FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
- -- -- Lamb
Beef Veal
: : :(excl. lard) : and mutton i

: ber : Prod.: ber : Prod.: ber 1 Prod:. ber : Prod.
:*1,000 il.b. ail.b. 100 mil.-b. 1000 -il.-b.
1,000 mil.lb. 1,00 ril.lb. 1,000 mil.lb. 1,000 mil.lb.


395 232.7
395 233.8
375 -
342 203.4


95 11.9 1,135 156.6 280 12.6
92 11.8 1,115 155.2 275 12.4
91 1,036 -- 251 --
88 11.2 1,178 157.8 238 10.7


Total Total
meat : lard
prod. : prod.

mil.lb. mil.lb.

413.8 --
413.2 --
-- 34.0
383.1 37.2


Week ended


Aug. 20, 1960 .
Aug. 13, 1960 .
July 30, 1960 .
Aug. 22, 1959 .


- Average weigh I.T )" : Lard
Cattle : Calves : Hogs 2 y iheep : yield
: _: : : and lambs : per
: Live :Dressed : Lve :;Drese4 i ieDeTFessed : LTve 7 Dressed : 100 lb.


1025
1030
1020
1032


589
592
586
595


125
128
133
127


138
139
138
134


94 45


13.6
13.6


1/ Actual slaughter. V Excludes lard.


2








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


Classification


: Chicago Kansas
SAug. : Aug. : Aug.
S20 22 20 *
* 1960 : 1959 1960
* .


City Omaha D
.
Aug, : Aug. : Aug. Aug.
22 20 22 20
1959 1960 1959 1960


Slaughter cattle, calves and vealers


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


Heifers -
Choice*
Good**
Standard


700-900#
600-800
- All wts.


Cows All weights -
Commercial
Utility
Cutter
Canner

Bulls All weights -
Commercial
Utility

Calves 500# down -
Choice
Good
Standard

Vealers All wts. -
Choice
Good
Standard


26.50
26.75
25.12
25.00
25.12
21.00


23.62

18.88


14.80
15.00
14.75)
12.68)


28.65
28.85
27.52
27.42
25.90
24.05



24.85
22.80


19.05
18.42
17.00


25.00
24.80
23.12
20.12


24.25
22.12
19.00


15.58
14.75
15.95)
15.00)


27.62
27.62
25.62
23.50


26.75
25.00
23.00


19.70
17.75
15.85


26.00
26.00
24.62
24.68
22.38
19.50


24.12
21.50
18.75


15.78
14.82
13.82)
13.15)


28.58
28.70
27.32
27.52
25.32
23.38


26.48
24.25
22.42


19.20
18.08
16.30


18.70 23.90 17.50 20.75 17.52 21.45
19.52 22.70 17.75 20.25 17.00 20.95


24.50
23.00
19.50


32.00
28.00


20.00
18.00
16.00


22.00
20.00
17.50


26.70
24.90
23.15


28.50
26.00
24.25


21.00
19.25
16.50


25.00
24.80
21.88
18.00


24.52
21.48
18.00



15.10
13.52)
11.88)



18.30


enver


Aug.
22
1959





27.00
26.80
24.50
21.75


26.90
24.50
21.00


19.55
18.15
16.20



21.50
21.50


28.25
26.25
24.00


Feeder and stocker cattle and calves


Steers -
Choice
Good
Medium

Heifers -
Choice
Med. & G


500-800#
500-800
500-1000


500-750#
i. 500-750


Cows All wts. -
Med. & Gd.

Calves 300-500# -
Steers -
Good & Choice

Heifers -
Good & Choice


25.75
22.88
19.50


31.50
28.50
25.60


25.50
25.00
19.75


50.25
27.50
24.00


25.12
22.75
19.58


-- -- 22.50 28.50 23.50
-- -- 19.25 24.75 19.50


-- 14.12


- 14.75


-- -- 26.25 33.50 25.75


-- 23.00 30.50 24.00


31.50
27.50
25.12


25.50
23.50
19.75


28.50 23.00
25.00 19.75


18.00 14.62


36.00


3355.00


29.50
27.50
23.75


27.50 22.25
24.50 18.75


18.50


-. 24.50


- 22.25 26.75


*eight range 600-800# in 1959.
*a* H 700-900# 1" "


632


S North
: Portland
* *
SAug. Aug.
20 22
S1960 1959


26.62

24.88
22.00


24.00
23.25
20.75


16.25
14.50
12.75)
11.00)



20.75



22.00
19.00


26.00
24.00
21.00


28.75
28.12
27.50
25.75



26.62
25.00


18.50
16.75
14.25



21.50
22.50



26.00
25.00


29.00
27.00
24.00



26.75
25.00
22.25


25.00
22.00


23.75
20.75
19.25


28.00







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634


HOGS: AVERAGE COST, WEIGHT. AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
-------------------------- -- ----- -------------------------------- -------- r -----
Louis Kan- S. S. 8-
Chi- NatI. sas Omaha Sioux St. St. Indian- mkts.
Week ended cago Stock City City :Joseph Paul apolis corn-
Yards bined
------------ ---------- --------- --------S
AVERAGE COST 'Dollars per 100 poun
Barrows Aug. 20, 1960 16o89 17.01 16.97 17.21 17.04 17.03 16.89 17.04 17.01
and Aug. 13, 1960 17.62 17.43 17.35 17.42 17.36 17.34 17.43 17.64 17.46
gilts Aug. 22, 91959 14.92 15.06 15.22 15 50 15.54 15,36 1499. 15 ...
Aug. 20, 1960 14.74 15.07 14.92 15.17 15.16 15.56 14.93 14.67 15.00
Sows Aug. 135, 1960 15.12 15.18 15.07 15.09 15.24 15.28 15.42 14.76 15.17
Aug. 22_ 1959 12.20 12.30 12.01 12.73 12.48 12.85 12.01 11.86 12.33
AVERAGE WEIGHT Pounds
A V E A G E ^ ^ Q *_ **- ** ** -** -* *--- -- -- ----** -- --- --- -- -----*-* -* *-'-- -- ---
Barrows Aug. 20, 1960 229 213 225 250 250 226 224 220 225
and Aug. 13, 1960 229 216 228 251 2553 227 226 220 225
gilts Aug. 22, 1959 222 212 213 219 221 2. 4 2J5 116 .6
Aug. 20, 1960 592 371 585 3582 379 367 373 418 382
Sows Aug. 135, 1960 394 378 388 582 374 374 369 422 385
Aug. 22, 1959 382 565 579 577 571 550 566 582 572
NUMBER OF HEAD--------------------------
Barrows Aug. 20, 1960 18788 44502 14495 22109 19128 15960 50567 30008 195555
and Aug. 15, 1960 18502 45024 14662 26056 20794 20103 26651 52571 204165
ilt Aug. 2 195 05 2L .14,8 26144 22953 21508 31012 55884 222550
Aug. 20, 1960 5705 4278 1301 6351 6899 2718 8840 3592 39684
Sows A 1Z IoC cool ACIcZ 1 0m.l O5CAO Oca54 10in 0&j A IM A 4n


'n.Uf;. .l-'-l J-L U UlT3OJL "* Aug. ,. 2..1959... .5.9... 4.54 9.. 104 ....97.... 4.... 1 ... 95.5.1....4 2...7.
Percent e of total


Aug. 20, 1960 25 9 8 22 27 15 22 11 17
Aug. 13, 1960 24 9 8 25 25 12 25 10 17
AVg. 2 I1959 5 8 7 27 $6 .. ;3A.
-.--... -%.*..19S9...... 2.8. ....... ....... .....1.......... ..... ...... 3.......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-------------------- ---------W--d ----
Hog products 1/ [ Hog prices 2/ or mar
... ... .. ... ...-2 .. .. ... ...---.- ............. . .
Aug. 20, 1960 $19.12 $17.05 $2.07
Aug. 15, 1960 19.65 17.78 1.85
Avg. 22 1959 17.14 14.98 2.16
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.
3/ Difference between wholesale product value and hog prices.
HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
Barrows and Corn.. / Hog-corn
Week ended gilts 1/ No. 3, yellow price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
Aug. 20, 1960 16'89 118.2 14.5
Aug. 15, 1960 17.62 118.2 14.9
Aug. 22, 1959 14.92 128.2 11.6
--------------------- Weighted average. 2/ Simple average.
l/ Weighted average. 2/ Sim~ple average.


SOWS






635


BOSTON WOOL MARKET REVIEW


Trading on greasy domestic worsted wools in
the Boston market was slow with fine and half-
blood wool firm and medium grades about steady.
Trade in woolen wools continued slow at steady
prices while noils were firm.
There was a little more activity in the
territory States with buyers operating in Wyoming,
Colorado and Utah and topmakers were buying wool
in Texas. Trading continued limited in the
fleece wool States as most wool has been sold
out of first hands.
Cabled reports from the final crutchings
sale of the season at Christchurch and Timaru,
New Zealand showed prices steady to strong under
general competition. The new auction season in
Australia will commence on August 22 at Sydney,
Melbourne and Perth. Trading at South American
markets remained dull.
Fleece Wools Graded 60/62s good French
combing and staple fleece wools sold at $1.06-
1.07 clean basis while graded 64s short French
combing and clothihg brought $1.00.
Territory Wools Graded 64s good French
combing and staple territory wools sold in a
range of $1.12-1.15 clean basis, while 60/62s
brought $1.10. Medium grade staple and good
French combing wool sold around $1.08-1.09 for
56/58s and $1.06 for staple length 50/54s.
A substantial weight of original bag bulk
fine and half-blood wool sold in Utah at an
estimated clean price of $1.08-1.10 delivered
Boston. Choice fine original bag clips sold in
Roswell, New Mexico at about $1.15 clean basis
while average to good fine wools brought from
$1.07-1.12 delivered.
Texas Wools Topmakers were active in
Texas buying 12 months wools. Grease prices
ranged from 414-450 with best 12 months wools
costing around $1.12-1.14 and average wools
from $1.10-1.12 clean basis, delivered.
Mohair Approximately four or five cars of
fall moai-r were purchased in Texas at 76o for
adult hair to the warehouse with kid hair esti-
mated at $1.06g-l.11- A
Wool Tops Trade in wool tops slow. There p
was some interest in fine and half-blood grades.
Quotes follow: r


Warp Aust. D/C


70s
64s
62s
60s
58/60s


$1.79
1.73
1.67
1.62
1.58


Warp Dom. D/C

$1.75
1.67
1.59
1.50 N
1.47 N


Foreign Wools Trade in spot foreign
wools continued slow. Types and descriptions
of foreign wools used in these reports follow:
Australian average spinners best topmaking
warp fleeces: Type 55 64/70s; warp and half-
warp: Type 61 64/70s; 62 64s; 63 60/64s.
Good to average length, good topmaking fleeces:
Type 77 64/70s; 78 64s; 79 60/64s; 80 -
60s. Good cross-bred combing fleeces, free or
nearly free: Type 421 60/64s; 422 60s;
425 58s; 424 56s and 425 50s. Good
average cross-bred combing fleeces, free or
nearly free: Type 431 60/64s; 432 60s;
433 58s; 434 56s and 435 50s. "B" type
contain up to 3 percent seed and/or burr.
South Africa New Zealand
Spinners style merinos Good average style


type
- 12 mos.
- 12 "
- 10-12 a
- 9-11 "
- 8-10 "
- 7-9 "
- 7-9 I
- 6-8 "
- 6-8 "
- 6 '


64/70s
64s
64/70s
64/70s
64/70s
64/70s
64s
64/70s
64s
64/70s


Good topmaking merinos
47 12 mos.64/70s
48 12 64s
52 10-12 64/70s
53 10-12 64s


carding fleece by type
65 58/60s
72 58s
79 56/58s
86 56s
93 50/56s
834 52s
100 50s
107 48/50s
114 46/50s
121 48s
128 46/48s


Carpet Wools Trade in carpet wools was
generally quiet. Type 702/3 crutchings sold
for shipment around 700 while second shear
wools were quoted at 760 and carpet fleece
wools at 79-810 clean fibers present. Greasy
Buenos Aires November second clip wools were
priced around 800 and March wools around 740
clean fibers present. A white Pakistan carpet
wool was offered around 78-790 and yellow
wassi carpet pieces at 535 clean fibers
resent.
The U. S. Department of Agriculture an-
ounced on Aug. 16, 1960 the 1961 marketing
ear shorn wool incentive price of 620 per pound
ihich is the same for the first six years of
he program. It also announced the support
rice for mohair of 735 per pound, up 3 cents
rom the previous six years of the program.


CLOSING FUTURES QUOTATIONS Aug. 18,
960 (Furnished by the Wool Associates of the
ew York Cotton Exchange)
October wool tops $1.432
December wool tops 1.445
64s grade 2.55H minimum length
October wool $1.099
December wool 1.115
64s grade 22" ave. stretched length


3



f



1
N


Oil-combed Territory Fleece


58/60s -
56s -
50/56s -
48/50s -


$1.56 $1.45 N
-- 1.50 N
-- 1.45 N

(N nominal)


$1.45 N
1.40 N
1.35 N









WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEWS

EASTERN SEABOARD Trading on fresh meats
was generally active under a moderate demand
and clearances were fairly complete. Movement
of beef was less prompt than last week as out-
let to chain accounts was reduced slightly,
notably at New York where poultry was largely
featured for weekend sales. Transit delay and
late arrival of numerous cars to the largest
New York market center caused serious problems
as many commitments and retail orders scheduled
for early distribution were cancelled out and a
few coolers were devoid of product on the open-
ing session. Supplies of beef were normal for
the week at the several markets with other
classes moderate.
Compared with previous week: Steer beef
steady to 500 higher at Philadelphia and steady
to instances $1.00 higher at Baltimore. Sales
at Washington were steady to 50~ lower while
Good and Choice steer beef closed 500-$1.00
lower at New York and Prime barely steady; cow
beef steady to $1.50 higher, the advance at
Philadelphia; veal steady to $2.00 higher with
prices at New York fully $2.00 higher and calf
$3.00 up at that market; spring lamb steady to
$1.00 higher except at New York steady to $1.00
lower; pork loins steady to $1.00 higher. Other
pork cuts were steady to $2.00 lower and fresh
skinned hams showing most decline this week.
Kosher steer forequarters were weak to $1.00
lower, lamb mostly $1.00-2.00 lower while prices
for kosher dressed veal and calf advanced $2.00.

CHICAGO Trading on steer and heifer beef
was generally slow. A brisk chuck trade the
previous week slowed during the current period
and prices declined as much as $3.00. Buyers
concentrated largely on ribs and rounds but
prices at no time were better than steady. Beef
loins were slow throughout. Veal trade was
moderately active with rather broad eastern out-
lets contributing to higher prices. Spring lamb
prices went unchanged in a moderately active
trade. Little or no price spread between 30-65#
carcasses, those in the 55-65# range scarce in
many instances. Lamb legs were again slow, out-
lets generally adequate for other cuts, shoulders
moving particularly well. Fresh pork trade was
slow, higher prices recorded on loins resultirp
from somewhat reduced offerings. Supplies of
veal and fresh pork were moderate, beef and spring
lamb normal. Steer and heifer beef closed steady
to $1.00 lower; veal $1.00-3.00 higher; spring
lamb steady; pork loins $1.00-2.50 higher; Boston
butts mainly steady; spareribs steady to 500
lower.

PACIFIC COAST Trading on steer beef varied
from active in some sectors of the Northwest to
generally slow in California where warmer temper-


atures curtailed movement. Demand was good
for cow beef, especially in California. Demand
for veal and calf was only fair. A somewhat
smaller supply of spring lamb met with a fairly
good demand. Moderately active trading pre-
vailed on most fresh pork cuts. There was
only moderate action on smoked pork with supply
exceeding demand in southern California. Steer
beef sold mostly steady in the Pacific North-
west, but steady to 500 lower in California;
cow beef uneven ranging from $1.00 lower in
the Northwest to as much as $2.00 higher in
California; calf steady; spring lamb steady
to $1.00 higher, the advance at Los Angeles
and in the Northwest; fresh pork cuts generally
steady to $1.00 lower; smoked pork steady to
$1.00 lower except hams $1.00 higher in the
Pacific Northwest.

CARLOT MEAT TRADE REVIEWS

MIDWEST CARLOT DRESSED MEAT SUMMARY -
Prices declined for steer and heifer beef with
demand only moderate and supplies normal.
Clearance was fairly complete. Below normal
supplies of cow beef sold sharply higher under
good demand. Lamb supplies were slightly
below normal, demand was moderate to good.
Prices on pork loins advanced with hog sides
and other pork products lower. Pork supplies
normal but clearance incomplete on fresh hams.
Steer and heifer beef closed steady to $1.00
lower, mostly 500-$1.00 off; cow beef $1.50 to
mostly $2.00 higher; spring lamb mostly steady,
instances $1.00 higher; pork loins $1.50-2.50
higher; fresh hams $1.00-2.00 lower; pork butts
steady to 500 lower; hog sides 50-750 lower.
Choice 600-700# steer carcasses closed at
$39.00-40.00, 700-800# $38.50-40.00; Good
600-800# $37.50-38.50; Choice 500-700# heifer
beef $38.00-39.00; Utility cow beef $28.50-
30.00; Choice and Prime 35-55# spring lamb
carcasses $39.00-41.50, mostly $39.50-40.50;
pork loins 8-12# $43.50-44.50; fresh hams
12-16# mostly $37.50-38.50; butts 4-8# $32.50-
34.00; U. S. 1, 2 and 3 135-155# pork carcasses
$23.93-25.56, 155-175# $23.80-25.50.

CARLOT SUMMARY Chicago, Denver, New
York and Philadelphia. Trading was rather
dull on steer and heifer beef and pork loins
while cow beef was active and spring lamb
moderately active. Supplies of steer and
heifer beef along with cow beef were about
normal while the volume of spring lamb and
pork were usually moderate.
Prices on steer and heifer beef were
steady to $1.00 lower for the week; cow beef
$1.00-3.00 higher; spring lamb steady to 500
lower; pork loins $1.50-2.00 higher at Chicago
but steady at Philadelphia.









WHOLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS


Weekly average
New


Classification


Steer beef -
Prime
Choice

Good

Heifer beef -
Choice

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


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

500-600#
600-700
500-600


90-120#
90-120
90-120

45-55W
45-55

8-1m
4-8
3# down


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


: Aug.20
: 1960

44.75
45.82
43.32
42.50
42.30


54.80
49.80
44.80


of daily quotations in dollars per 100 pounds

York Chicago San Francisco Los Angeles
: Aug.22 Aug.20 : Aug.22 Aug.20 : Aug.22 : Aug.20 Aug.22
: 1959 951960 9 : 1960 I _159 : 1960 19592


49.00
46.00
45.25
43.50
43.50


62.60
52.60
49.10


42.62
41.25
40.75
40.75

41.50
41.50
59.38

51.30
46.95
44.40


44.25 48.80 45.50
44.05 47.535 45.50


49.40
38.90
47.00


46.60
35.40
44.00


45.88
56.00
42.25


44.18
42.81
42.25
42.25


56.00
51.00
49.25


43.09
41.50
41.50
40.50

41.50
40.50



51.00
51.00


-- 40.00
46.75 40.00


43.95
31.88
40.75


55.75
46.00
55.25


44.985
43.50
44.50
43. 00


42.00
40.44
40.50
38.75


--
45.25
43.19
43.50
42.00


m. 41.94 ..-
.- 40.44 ..
-- 58.94 ..



56.00 -- --

41.12 46.00
43.00 41.12 46.00


50.00
58.00
49.50


48.88
40.50
46.00


48.38
34.88
45.88


44.75 43.50 49.50 48.00 50.12 48.00 47.50 46.50

50.00 41.00 55.00 46.50 60.62 48.50 55.50 48.62


32.25 30.50
15.75 12.25


54.50 34.75
15.25 11.50


34.00
17.00


32.00
13.75


32.75
16.75


32.50
13.69


BULK PRICES CARLOT BASIS WEEK ENDED AUGUW
Classification -i -- Pt --FTO.B
Steer e;f c enve-r -- -- --
Choice 600-700# 40.00-40.50 38.75-41.50 39 91 41


Good


Heifer beef -
Choice

Good


Cow beef All weights -
Utility
Canner and Cutter
Spring lamb -
Prime 50-45#


Choice


Fresh pork -
Loins


39.50-40.00
59.00-39.50
38.50-39.50
38.50-59.50
38.50-59.00

38.50-39.00
38.50-39.00
36.50-37.00
36.50-37.00

28.50-29.50
29.00-30.00

40.00-41.00
40.00-41.00
39.50-40.00
40.00-41.00
40.00-41.00
59.50-40.00

44.00-45.00


38.50-39.50
57.50-38.00

35.00-38.50
35.00-38.50

41.00
58.00-38.50
36.25-37.25
36.25-537.25

27.50-28.00


39.50
38.50-39.00
57.50-58.50
39.50
38.50-59.00
37.50-58.50


38.75
38.25

37.50-38.25
37.25-37.75

38.00-38.25
38.00-38.25
36.00-36.25
36.00-36.25

28.50-29.00
28.50-29.00


ST 19, 1960

-fTw o T P hI Idl-
-d'w -~ h l~d 3?'h a


41.50-42.00
41.00-41.50
40.50-41.00
40.00-41.00
40.00-41.00


39.75 42.50-43.50
39.75 42.00-43.00
-- 41.50-42.00
39.75 42.50-43.50
39.75 42.00-43.00
-- 41.50-42.00


43.00-44.00


42.00-42.25
41.00-41.50
40.00-40.50

39.50-41.00
39.50-40.50


41.00-41.50



31.00-32.00
30.00-51.00

42.00-45.00
42.00-43.00
41.00-41.50
42.00-42.50
42.00-42.50
41.00-41.50

45.00-45.50


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

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


45-55
55-65
30-45
4b-55
55-65

8-12#


57 -42 50


--


--






638


UNITED STATES FEDERALLY INSPECTED SLAUGHTER BY REGIONS
JULY 1960 WITH COMPARISONS (Thousand head)
-- -- -- -- -- -- -- -- ------- --
R Cattle : Calves Hogs : Sheep & Lambs
Region i-"1 TIl6 :I71O5 1:21 -5 65 :15 F1l6z 1950 -
- -a -- --

N. Atlantic States ......... 108 116 85 84 575 479 174 199
S. Atlantic States ......... 41 56 42 40 249 254 1/ 1/
N. C. States Eastern ..... 264 278 105 110 1,014 1,208 95 1I6
N. C. States N.Western ... 520 523 56 36 1,629 2,028 285 281
N. C. States S. Western .. 165 152 14 15 405 498 70 69
S. Central States .......... 175 151 67 67 591 417 155 119
Mountain States ............ 120 108 2 2 87 90 140 156
Pacific States ............. 202 195 21 27 156 210 211 196
Total ....................1,592 1,557 574 382 4,304 5,184 1,115 1,107
----------------- -------------------------------------------- ~----------------
Other animals slaughtered under Federal inspection, (number -f head): July 1960 -
Horses 35,563 ; Goats2,875 ; July 1959 Horses 5,144; Goats 2,536.
i/ Not available for publication.
Data furnished by Agricultural Research Service.


LIVESTOCK PRICES AT CHICAGO COMPARED WITH WHOLESALE AND COMPOSITE RETAIL
MEAT PRICES AND WHOLESALE AND RETAIL MEAT VALUES AT NEW YCHK
----------------------nnnnnnnnn-- ----------------------------- ---
: Steers : Lambs Hogs
:Tuly T June TJuly T7uy 7 Tu y une -:JuTy: July June Julyy
:1960 : 1960 :1959 : 1960 : 1960 :1959 : 1960 g 1960 1959
Live animal prices Dollars per 100 pounds
Chicago I/......... 26.58 27.55 29.28 21.24 25.06 24.00 18.13 17.38 14.82
Wholesale meat
prices, New York 2/ 44.44 44.68* 48.66 46.94 50.22 51.58 -- --
Cents per pound
Composite retail meat
prices, New York 5/ 76.17 71.15 76.17 65.18 68.42 69.45 -
Value of carcass meat from 100# live animal (Dollars)
Wholesale-New York 4 26.66 26.81 29.20 25.00 24.61 25.27 21.52 21.07 20.24
Retail New York / 55.80 33.44 35.80 50.76 52.29 52.77 27.45 27.77 26.36
1/ Av. Choice and Prime steers, 900-1100 lb., Choice and Prime spring lambs, and
U. S. No. 1, 2 and 5, 220-240# hogs.
2/ Av. Choice and Prime steer beef, 600-800#, and Choice and Prime spring lamb.
5/ Composite av. of semi-monthly retail quotations on various cuts (incl. lard)
combined in proportion 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 1b.,of beef cuts, 47.2 lb of lamb cuts and 58.56 lb. of principal hog
products, incl. lard.
*Choice grade only.





639


MEAT AND MEAT FOOD PRODUCTS PREPARED AND PROCESSED
UNDER FEDERAL INSPECTION


Product


Placed in cure -
Beef ]/ . .
Pork / . .
Other / .
Smoked and / or dried -
Beef / . .
Pork / . .


Cooked meat -
Beef. .
Pork. .
Other .


* 0 0 S *
* 0 0 9
* 0 9 0


Sausage -
Fresh finished. .


* *


To be dried or semi-dried
Franks, wieners .
Other, smoked or cooked
Loaf, head cheese, chili,
jellied products. .
Steaks, chops, roasts .
Meat extract. *. *
Sliced bacon l/ .
Sliced, other 2/ *. .
Hamburger *
Miscellaneous meat product.
Lard, rendered .
Lard, refined .
Oleo stock .
Edible tallow .
Rendered pork fat -
Rendered .
Refined . .
Compound contig animal fat
Oleomargarine "
Canned product (for civilian
use and Dept. of Defense).


SJuly
9
1960

1,000#

2,680
53,080
163

791
41,274


1,452
4,287
17

3,370
2,104
14,576
12,659

3,706
10,8253
56
20,173
5,675
5,585
2,555
29,271
19,400
1,104
6,038

1,324
841
9,752
1,858


Week ended -
SJuly 2 July
S 16 : 23
S1960 : 1960

1,000# 1,000#


2,921
66,983
58

1,278
51,760


1,972
5,187
23


4,219
2,631
16,232
14,638

4,278
12,753
4
25,474
6,661
4,159
5,688
56,782
26,668
1,193
7,591

1,633
810
13,161
2,527


2,8553
62,772
610

1,150
52,229


1,815
4,715
16

4,056
2,678
15,650
13,880

4,299
11,890
14
22,790
6,495
4,134
5,355
34,638
26,565
1,059
9,038

1,540
6753
14,921
2,635


2 July
5 30
1960

1,000#
3,174
61,767
106

1,100
47,754


1,785
4,855
39

3,777
2,746
15,666
13,905

4,003
11,606
15
21,194
6,548
4,227
3,676
32,445
27,214
1,014
7,721

1,595
757
14,472
2,290


19,089 35,350 34,224 39,968


Total / . 271,682 346,414 340,675 335,398

I/ This figure represents "inspection pounds" as some of the products may
have been inspected and recorded more than once due to having been subjected
to more than one distinct processing treatment, such as curing first, then
smoking, slicing.
/ Includes sliced dried beef, sliced sausage, loaves, etc.
Meat Inspection Branch, Agricultural Research Service.






640





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641


SHIPMENTS OF STOCKER AND FEEDER CATTLE AND SHEEP, JULY 1960

July shipments of stocker and feeder cattle and calves into 8 North Central
States amounted to 249 thousand head, compared with 328 thousand head the same
month last year--a 24 percent decline. Of the total cattle and calves received
in these States during the month, 126 thousand head moved through public markets
and 123 thousand head were received direct. About the same percentage moved direct
in July as a year earlier. The combined January through June shipments this year
totaled about 1.9 million head-down 11 percent from the 2.1 million head for the
same period in 1959.
Shipments of stocker and feeder sheep and lambs into these 8 North Central
States in July totaled 190 thousand, down 13 percent from the 219 thousand head
during July a year earlier. Of the total received in July, 66 thousand head came
through public markets and 134 thousand head moved direct. This direct movement
accounted for 65 percent of the total, about the same as a year earlier. During
the first 6 months of this year, about 1.1 million head of stocker and feeder sheep
and lambs were shipped into these States, up 15 percent from the same period last
year.

Stocker and Feeder Cattle and Sheep Received in Selected North Central States
July 1960, with comparisons 1/

Cattle and Calves
Public Stock Tt
Direct 'Total
qState Yards iet
July July : July : Jan.-June
*1959 :1960 : 1959: 19o : 1959 : 1960 :1959 : 1960

Ohio.......: 4,594 3,841 1,599 1,) 4 6,193 5,645 35,753 38,108
Indiana....: 9,358 9,485 6,153 11,563 15,511 21,048 83,887 143,654
Illinois...: 29,326 24,787 34,714 25 539 64,040 50,326 372,299 350,021
Michigan...: 2,285 2,922 1,005 904 3,290 3,826 20,228 22,780
Minnesota..: 10,899 10,292 21,600 17,337 32,499 27,629 212,486 207,339
Iowa.......: 77,738 46,901 63,139 34,785 140,877 81,686 850,237 682,805
S. Dakota..: 7,265 7,737 5,260 7,cC 12,525 14,823 99,876 89,007
Nebraska... 27,768 20,355 25,230 23,712 52,998 44,067 454,427 370,524

T.-.tai :169,233 158,700 327,933 2,129,193
8 States : 126,320 122,730 249,050 1,904,238

Sheep and Lambs

Ohio....... 3,774 1,154 1,645 922 5,419 2,076 o16,492 18,874
Indiana.... 5,602 3,913 3,4o6 1,416 9,oo008 5,329 24,337 25,901
Illinois...: 8,607 3,229 24,864 11,886 33,471 15,115 113,797 119,488
Michigan...: 899 658 --- 1,326 899 1,984 6,053 6,691
Minnesota..: 5,085 6,620 10,831 18,286 15,916 24,906 147,345 148,701
Iowa.......: 26,155 16,603 78,464 67,696 104,619 84,299 409,958 486,859
S. Dakota..: 15,385 9,348 9,660 15,912 25,045 25,260 89,344 112,783
ITetraska... 13,130 24,455 11,958 6,667 25,088 31,122 143,304 171,514

Total : 78,637 140,828 219,465 950,630
8 States : 65,980 124,111 190,091 1,090,811
1/ Data in this report are obtained from offices of State Veterinarians. Under
"Public Stockyards" are included stockers and feeders which were bought at stock-
yards. Under "Direct 'are included stockers and feeders from points other than
public stockyards, some of which are inspected at public stockyards while stopping
for feed, water, and rest en route.






642


THE LIVESTOCK A.ND MEAT SITUATION


Approved by the Outlook and Situation Board, August 17, 1960

SUMMARY

The calf and lamb crops for 1960 are larger than last year but the pig
crop is down sharply. Numbers of cattle and sheep on farms continue to rise
but the rate of increase may be slowing. The volume of feeding is above a
year earlier. Seasonal increases in marketing are underway. A higher supply
level and some downtrend in cattle prices are in view for next year. Hog
production will continue below a year earlier during 1960. Production may
turn upward next year but 1961 slaughter is not expected to show much of an
increase over this year.

The calf crop in 1960 is expected to be only 1 percent larger than in
1959. A higher slaughter rate for cattle and smaller imports indicate that
the gain in numbers of cattle and calves on hand this year will likely be less
than the increase of 4.9 million head during 1959. Cattle prices have trended
downward for over a year and currently average about $3.00 per 100 pounds
below a year earlier.

Relatively stable fed cattle prices seem probable the rest of this year
but some seasonal declines are in prospect for feeder cattle. Barring an
unexpected deterioration in range feed conditions, marketing of grass cattle
this fall are expected to be only moderately larger than last fall.
Prospects for profits in cattle feeding this coming season are generally
more favorable than those of last season. Prices for feeder cattle this fall
will be below last fall by a greater margin than fed cattle. Prices for feed
will likely be a little under a year earlier. Because of the rapid build-up
in numbers, however, cattle producers and feeders will operate under the threat
of a possible bulge in cattle marketing.

Hog slaughter this fall will continue substantially below last fall as
the 1960 spring pig crop was 16 percent smaller than that of 1959. Prices will
continue above a year earlier this fall and winter, though the margin will likely
narrow by next spring if producers carry out their plans for only 4 percent fewer
farrowings for this fall's crop. The average price received by farmers in July
was $16.60 per 100 pounds, $3.20 above a year earlier. This difference was in-
creased slightly in early August.

Some further expansion is taking place in sheep production. The 1960
lamb crop totaled 21,584,000 head, 2 percent larger than in 1959 and 11 percent
above the 1949-58 average. Thus far this year, sheep and lamb slaughter has
totaled slightly above a year before. Unless slaughter this summer and fall is
larger than expected at the present time, numbers next January 1 will be up from
last January. Lamb prices will probably be seasonally lower this fall but are
not expected to drop below the prices late last year.

Production of all red meat in 1960 is expected to be about 27.9 billion
pounds, 2 percent above last year. However, because of smaller imports and the
gain in population, supplies per person will be down about a pound from the 160
pounds consumed in 1959. A decline in pork will overshadow increases in beef
and veal.





643


UNITED STATES EXPORTS CF MEATS
-----------------------------------------
Commodity June I June
--- --------------------- ---------- -1960 1959 9-


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 0 .
Park, 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.e. (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. . 0
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.


. .*


Pounds

600,768
1,507,054

996,3358
984,565
269,051
956,508
270,388
28,945
3,748,968
2,273,233
2,115,111
410,520

254,456
114,084
145,190
231,450
52,910
168,623
62,724,0935
9,320
2,325,675
110,201,164
1,33550,527
9,815,153


Pounds

555,556
1,051,314

709,846
1,535,092
942,206
1,066,814
217,060
20,691
1,985,075
1,787,466
1,009,579
315,040

171,853
118,254
66,361
480,959
361,758
156,129
46,839,921
112,220
692,591
102,694,428
168,013
11,287,458


Compiled from official records, Bureau of the Census.


UNITED STATES EXPORTS OF LIVESTOCK
*---------------
SJune
1960
w -- & -Number-
Number


Cattle (For breeding) -
Dairy o o o o o o 0 o e
Ex. dairy *. .
Other (ex. for breeding) o .
Hogs . .
Sheep 0 0 0 0 0 0 9 0 0 0 *


373
5253
144
693
12,577


3 r
June
* 1959
Number

504
650

456
3,005


Compiled from official records Bureau of the Census.
Compiled from official records,, Bureau of the Census.




*'.44


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


UNIVERSITY OF FLORIDA


Pos 3 1262 08735 6787
U. S. Department of Agriculture


OFFICIAL BUSINESS

Form AMS-8/23/E0
Permit 1001.





University of Florida
Do-uments Librarian
11-4-59 The Univeratty Libraries
LS-CLS Gatnesville, Fla.


--------------------------------a----------------


SHEEP AND IAMBS: WEEKLY
In dollars


AVERAGE OF DAILY QUOTATIONS
per 100 pounds


-: ------ --- --- T T -


Classification


: Chicago%
s a


Omaha Kansas; Fort Denver
: City S Worth:


- --U- - -


SLAUGHTER
Prime

Choice

Good


IAMBS: (Spring)
Aug.20,1960
Au.22,1959
Aug.20,1960
Aug.22 l959
Aug.20,1960
Alg.22.1959


- All vts.
21.02
-m
19.75
22.55

17.75
21.00


19.28

18.38
21.22
17.12
19.98


EWES: (Shorn) All wts.


Good and Aug.20,1960
Choice Aufg.2219592
Cull and Aug.20,1960
Utility Aug.22,1959

FEEDER IAMBS All wts.
Good and Aug.20,1960
Choice Aug.22,1959


5.50
4.50


5.12
5.10


5.75 5.25
4.00 5.82


-- 17.25
-- 19.50


18.90
mm
17.92
21.45
16.55
_o200s5


sm
17.00
20.15_
16.75
_ 19&4


20.05
mm
19.15


17.75
-Q.0g-


4.00 q- 4.62
4.40 -- 5.75
5.00 4.50 3.50
5.55 4.50 35.75
m m so M m m m m m M l


-- 12.40
-- 16.20


16.38
18.59


18.75
mm
17.88
A0488.
16.62



4.00
4.75
2.75
2.88


15.75
18.21


- -- a- --a aa a -a a aa a afl a- a-


: Ogden
*


t North
: Port.
t land


--

17.58


16.50


4.00
4.00

2.75
5.00



14.75
15.00


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




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