Market news

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Title:
Market news
Uniform Title:
Market news (Washington, D.C.)
Physical Description:
9 v. : ; 23 cm.
Language:
English
Creator:
United States -- Dept. of Agriculture. -- Production and Marketing Administration. -- Livestock Branch
United States -- Agricultural Marketing Service. -- Livestock Division
Publisher:
U.S. Dept. of Agriculture, Production and Marketing Administration, Livestock Branch
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:
federal government publication   ( marcgt )
statistics   ( marcgt )
periodical   ( marcgt )

Notes

Dates or Sequential Designation:
Vol. 18, no. 16 (Apr. 18, 1950)-v. 26, no. 52 (Dec. 30, 1958).
Issuing Body:
Issued by: Production and Marketing Administration, Livestock Branch, Apr. 18, 1950-Dec. 15, 1953; Agricultural Marketing Service, Livestock Division, Dec. 22, 1953-Dec. 30, 1958.
General Note:
Title from caption.

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004691907
oclc - 29653329
Classification:
ddc - 338.105 UNIL
System ID:
AA00012178:00003

Related Items

Preceded by:
Livestock market news (Washington, D.C.)
Succeeded by:
Livestock, meat, wool; market news


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Full Text

A S'.&'y:a4/4 .







sued LIVESTOCK' DIVISION We




MARKET REVIEWS AND STATISTICS
Vol. 24, No. 4 January 24, 1956
Week ended January 21
Page
Livestock Market Reviews. . 64
Livestock Market Receipts 66
Feeder and Stocker Statistics .. 66
Steer Sale Statistics ... 67
Estimated Slaughter and Meat Production 68
/ Slaughter at Major Centers. . 69
Estimated Percentage of Feeder and Stocker Cattle and
Slaughter Cows in Salable Receipts. 4 69
Cattle Prices . 70
Hog Prices . 71
Hog Purchase Statistics . 72
Sheep and Lamb Prices ... 73
Wholesale Meat Trade Reviews. . 74
Wholesale Meat Prices *. 76
Wool Market Review ..... .. ... 77

Special to this issue

Meat and Meat Food Products Processed and Canned
Under Federal Inspection, Dec. 4-31, 1955 78
Total Meats, Meat Products, and Byproducts Graded or
Certified, by Months, Calendar Year 1955 73
Inspected Stocker and Feeder Shipments from Public
Stockyards, December 1955 .. 80
Stocker and Feeder Cattle and Sheep Received in
Several Corn Belt States, December 1955 81





U. S. DEPARTMENT OF AGRICULTURE
AGRICULTURAL MARKETING SERVICE
LIVESTOCK DIVISION /
Washington 25, D. C.


Ag l .-1VA






MIDWEST LIVESTOCK REVIEa
Cattle receipts were considerably smaller than a week earlier out were very
unevenly distributed, monday's receipts were unusually large .nd prices of fed
cattle declined, MarKetings were substantially reduced later, due in part to
heavy snows and slippery roads, and early declines were largely regained. lith
few exceptions, fed steers closed steady to FO~ higher. Cows and heifers sold
unevenly 500 higher to 50# lower. Movement of hogs was curtailed and prices ad-
vanced mostly 25-75#, with butchers at severEl points reaching highest levels
since mid-November. Increased receipts of lambs were in good demand and prices
advanced.
SLAUGHTER CATTLE AJD CALVES
The week's receipts of salable cattle at 12 markets were with the exceptir.
of holiday weeks smallest since late last summer. However, the extremely uneven
distribution of daily receipts at least partially offset the otherwise bullish
influence of the week's smaller run. monday's receipts at 12 markets were more
than 50 of the week's supply while at Chicago the Monday run of more than 27,000
was among the largest one-day runs in many years. This unusually liberal movement
monday resulted in considerable pressure on prices, with sizable carryovers at
several markets. Sluggishness in wholesale beef was an added factor in the fat
cattle trade. After Monday marketing were substantially reduced and trade showed(
gradual improvement. With the exception of a weak to 500 lower trend on consider-
able numbers of steers at Omaha and St. Joseph, late sales of slaughter steers at
midwest terminals were mainly steady to 50# higher, Heifers and cows sold uneven-
ly 50# higher to 50# lower, best action on cows being on Canners and Cutters.
Prices of bulls declined while calf and vealer prices were not greatly changed.
Steers again made up a liberal proportion of slaughter offerings, with average
Weights continuing rather heavy. Kansas City received the largest run of grain-
feds since January 1953. At Chicago 25.6% of the beef steers graded Prime, while
the average weight of 1156 pounds was 60 pounds heavier than a year ago, A dozen
loads average- to high-Prime steers sold at Chicago from $24.25-24.75; bulk Choice
and Prime t17.50-24.00; most Good steers S15.50-18.50; bulk Good and Choice at
other Corn Belt marketpngrom 15.50-20.50. Sales of heavy steers at Chicago in-
cluded high-Prime 1300/1361# 24,.00; two loads Prime 1450# f22.75; 1500# $21.00,
and 1665# t18.50. At Omaha Prime 1473# brought t21,00, 16a0# 18,50. At Sioux
City Prime 1731# cashed at 418.00; high-Choice and Prime 1397# t20.50, same grade
1705 and 1722# t16.00.
STOCKER AND FEEDER CATTLE AND CALVES
Marketings of stocker and feeder cattle and calves were seasonally moderate
and showed little change from those of a week and a year ago. A fairly large pfr.
cent of receipts at some markets consisted of 700-950~ steers, while a materially
smaller number of high-Good and Choice lighterweight stockers were available than
in the previous week. At Kansas City, the average weight of all steers shipped
to the country during the week was 743# compared with 711# the previous week ana
734, a year ago. Trading was rather uneven and buyers often ware inclined to
proceed slowly not only because of the unfavorable price relationship between fats
and feeders but also due to adverse weather in some areas. Even so, limited
numbers frequently enabled salesmen to maintain prices on a steady basis with C'oc
and Choice stockers in a few instances mildly stronger. However, at Kansas City,
where supplies were larger then at most other centers, prices were steady to $1.O0
lower and at Sioux City the trend was weak to 50# lower. The average cost of
steers 50O up at Kansas City was' 16.96, or 52# lower than a week earlier and
t3.38 under a year ago. Meanwhile, the week's average price of 417.57 for all feo
steers Pn that market was t6.32 under a year ago. The recent estimate of only on-
percent more cattle on feed than a year ago encouraged more optimistic thinking






a:;Lo:ig -PifLe rLt.le feeders in regard to fat cattle prices a month or two hernce,
However, as the respective average prices on replacements and fed steers indicate,
there is little in the current price picture to stimulate demand for feeder cattle
and most feedlot operators are reluctant to go above t17.00 on steers b600 up.
A few Choice fleshy 750-850# steers sold from r17.50-18,50, but a moderate number
'o fairly well bred 800-950# steers cashed from t16.00-16.75. At the same time
Choice 516-1 short yearling stockers reached .21.25 and load lots of Choice steer
calves occasionally went from 21.00-23,00. A few Choice heifer calves brought
;19.00 but majority sold downward from $17.50.
HOGS
Combined receipts of about 898,000 hogs at the 12 markets and in the Interior
were well below the 1,064,000 the previous week and were about ?7 below the average
of the past 11 weeks, Marketings held up relatively better in the Eastern Corn
Belt than in the Western part as receipts at Indianapolis were largest since mid-
September. By contrast, the Interior run was smallest since early October. Packer
buyers were usually aggressive but shipping demand was only moderate at most
points, the outgo on shipping account at Chicago being smallest since October.
The reduction in receipts, due in part to heavy snows and slippery roads, and sub-
Sstantial advances in wholesale prices of some fresh pork cuts were influences in
the week's uneven upturns of 25-750 on butchers and sows compared with a week
earlier. In several sections of the midwest, butchers reached highest prices
since mid-November. Majority of the week's offerings consisted of hogs from last
spring's crop although Eastern Corn Belt centers received a few late summer
farrowed butchers. Price range is still quite wide, resulting in considerable
unevenness, especially on butchers over 230#, lots of comparable weight and grade
frequently selling 25-500 or more apart. Although there was very little sorting
for grade within lots, butchers grading mainly No. 1 and 2 drew 25-750 price
advantages over lots of the same weight grading mostly No. 2 and 3. Average
weights of barrows and gilts at some markets show little change compared with a
year ago while at some Missouri River points current weekly average weights are
around 15# lighter than at this time last year. Stocker and feeder pig prices
were strong to 500 higher. Good and Choice feeders brought 48.00-9.50 at South
St. Paul and 49,25-9,75 at Sioux City, with some 131+ feeders at Kansas City at
09.50. At Memphis a few lots of Good and Choice 90-120# feeders sold early from
$9.50-10.50 with a fair supply of Common and Nedium late from $8,00-9,00.
SHEEP AND LAMBS
Marketings at the midwest terminals continued to expand, being about 25%
larger than the previous week and largest since mid-October, Trading on the whole
was active and slaughter lambs closed unevenly steady to 1l.50 higher, late sales
at most markets 25-750 higher. Ewes sold mainly steady to 50$ higher. Feeder
lambs sold unevenly, with prices at a number of points steady. At Omaha and Sioux
City, however, feeders were steady to 500 higher, and at Fort Worth steady to 500
lower. Lambs 110# and heavier, and at some markets 105# up, were subjected to
discounts of up to t2.00 or more per cwt. Most Good to Prime wooled lambs under
110# sold at ;17.00-19.25, a few t19.50-19.75; same grades 111-137# $15.75-18,50.
Shorn lambs 110# down with No. 1 to summer shorn fleeces bulked at 417.00-18.50,
a few fall shorn 418.75-1,.00, occasional lots with No. 3 pelts and some weighing
up to 122# .16,00, Cull to low-Good lambs brought 12.00-17.50, Cull to Choice
slaughter ewes sold at t3,00-7,50, and Medium to Choice feeder lambs brought
t14.00-18.75.
WESTERN LIVESTOCK REVIEW
Slowness in the wholesale and retail beef trade influenced a narrow outlet
for slaughter steers, heifers and cows in the Far West with price concessions
Continued on page 82.





?6 WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
S Cattle Calves Hogs ShAp
.. Jan. Jan. Jan, Jan, Jan. Jn. ain. Ho s Jan.
rke an." 'J&
: 21 22 21 22 21 22 21 22
.....-. -....... 956 19.5 1956- 1_95 19 5 1955. 1958 .. 1955
--------------------------------------------------------- I----------- L--------------------- -----------
Chicago........... 45,503 45,601 1,156 1,372 76,272 64,123 17,212 14,894
Cincinnati..---...... 3,787 4,259 824 1,169 19,644 17,775 611 1,031
Denver.....-----.... 17,520 20,018 5,023 6,517 3,290 4,209 17,932 18,165
art Worth..--------- 7,578 10,331 1,987 2,211 2,706 2,069 14,681 13,653
indianapolis.----... 8,502 10,048 990 1,426 61,988 52,259 6,746 4,494
Kansas City--- .. 27,544 21,412 1,371 1,632 10,252 8,151 6,508 7,34E
Oklahoma City...... 12,793 11,181 865 1,614 2,541 2,753 2,562 1,791
Omaha...........--. 41,740 47,684 992 1,214 63,399 56,358 16,817 19,45S
St. Joseph ---...... 15,577 17,052 648 804 32,281 25,838 5,124 6,09-
St. Louis NSY....... 17,f02 17,222 2,742 3,721 65,775 52,530 9,098 7,676
Sioux City.......... 23,102 28,065 1,435 1,111 57,840 51,485 12,523 14,44C
S. St. Paul.......... 23,214 21,241 11,322 10,880 86,625 68,352 16,723 13,244

Total-----.......... 244,762 254,114 29,355 33,671 482,613 405,902 126,537 121,291
Jan. 14, 1956 286,704 36,621 551,994 102,358
------------------------------------- -------------------- ------------A
INTERIOR IOWA AND SOUTHERN MINNESOTA
Week ended: Hogs Sheep
Jan. 21, 1956 ................ 415,000 33,000
Jan. 14, 1956 ....-..-- ....... 512,000 29,000
Jan. 22, 1965 -----.--------- 393,000 34,000
FEEDER AND STOCKER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
---------------r----,------------------- -
Week ended Month 12 months
SJan. 19 an 2Jan, 20: Dec. Dec. Jan. Dec.
1956 1956 1955 1955 1954 : 1955
ft -- ----- --------------------------------------------------
Steers 1001d up 449 "472 401 2,510 2,359 32',V67
901.1000 1,576 1,553 1,858 7,296 7,240 86,644
801-900 4,245 4,211 4,244 16,377 16,641 163,061
701-800 5,092 4,368 4,102 18,445 18,036 245,933
501-700 10,302 9,417 11,895 31,876 40,166 583,739


Total steers 10 akts.
Av. wts. "
Av.cost*" '*
" "Chicago
Ks. City
Omaha
"S. St. Paul
"Sioux City
Denver
Ft. Worth
Okla. City
S. St. Joseph
"' Natl Stk. Yds.
Total calves-10 mkts.
SCOWS.


21,664 20,021 22,500 76,504 84 442 1,112,144
711# 717# 701# 740# 722# 710#
$16.74 t16.62 t19.88 $15.42 $18.38 $18.27
16,28 17,05 20,07 16.18 19.14 19.28
16,96 17.48 20.34 15.89 19.23 18.60
16,37 16.30 19,49 15,35 18.24 18.49
15,37 15.10 17.41 14.12 16.64 16.58
16.53 16,72 19.99 15.32 19.08 18,59
18,19 16.47 23.23 15.67 20.35 19.11
15,52 16,57 18.21 15.63 17.04 17.81
16.07 16.30 17.93 15.30 17.05 17.50
16,05 16.67 19,42 15.29 18.09 17.84
16.37 16,05 18,21 15.39 17,51 17.45
12.625 11,058 14,549 43,440 57,838 551,959


uiters, bofls- "" 3,776 4, -66 5,339 21,521 27,704 302,539
* Not adjusted for 4i9t-efaes in grade- of cattle sold at each market.





... BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER
Percent of Average price
Number of head : totol Average weightllar
N rto r(tal in dollars
by rades i per100 lb.
---------------------------------- -- -----------
Grade Week er.nd. ed .
l Ji- - --.- -. --... . --".-- --. .- -.. -.. .
Jan. an. Jan. Jan.
19 12 20 19 12 20 19 12 20 19 12 20
...1956 :1956 :1955 i1956 1956 1E5 1956 j916 .1956 1956 :1956 195
------------------------------------------
CHICAGOO


Prime
Choice
Good
Com'I.
Utility
All grades


7439 8988 2532 25,6 26.1 9.5 1244 1237 1142 21.85 21,89 32.71
14694 16890 14593 50,2 49,0 54.9 1162 1157 1129 19.63 20.34 27,19
6322 7597 8063 21.8 22.0 30.3 1056 1051 1046 17.66 18.18 23.62
690 846 1164 2.0 2,4 4.4 997 965 941 14,69 15.16 19.19
111 178 231 .4 ,5 ,9 508 911 1013 12.80 12.74 14.5'9
29056 34499 26583 1156 1149 1096 19.74 20.20 26.3C
------- --------------------------------------------------------------,t, -,----- ------- 0 -
. .-------."-----.------- OMAHA 1/ ...........
729 682 292 3.9 4.1 1,6 1222 1214 1163 21.73 21.67 30.90
10657 9566 8965 56.9 57.9 49,6 1141 1121 1141 19.42 19.82 26.28
5910 5067 7900 31.5 30,7 43.7 1106 1078 1047 17.06 17.22 22.66
1095 918 818 5.8 5.6 4.5 1046 1031 984 14.82 14.66 17.52
354 286 117 1.9 1.7 .6 939 934 872 12,68 12.80 14.54
18745 16519 18092 .. 124 1103 109 18,43 L8,75 .4,4I
---- -------------------------- ------- A 4k --11-CA LcqZ--24,t-4,
-------.-----------......... SIOUX CITY ...............................
308 741 245 4.0 8,2 2.9 1195 1213 11A3 21.24 21.63 31.00
4514 4476 3458 58.2 49.5 40.8 1149 1133 1121 19.76 20.10 26.41
2403 2973 4491 31.0 32.9 52.9 1087 1069 1086 17.59 17.87 23.09
480 731 269 6.2 8,1 3.2 1033 1008 1051 14,74 15.15 17.91
44 124 18 ,6 1.3 .2 1096 942 878 11.85 12.38 14.05
.7 905 .....-...... 8Aal, 1124 1106 1100 18, 84 1908 24,54
I------~---~-------------------------
.--.-.-. KANSAS CITY 1/ .-.
89 76 142 .9 .9 2.2 1203 1220 1119 20.68 21.01 29.93
4326 3607 2606 42.5 44.0 41.2 1163 1139 1107 18.76 18.99 25.58
4814 4376 3213 47.4 50.6 50,8 1056 1050 1018 16.95 17,16 22.73
816 348 227 8.0 4.0 3.6 1003 947 914 14.37 14.56 18.35
120 48 138 1.2 .5 2.2 978 938 871 12.60 12.28.16.30
_10165 .8655 6326 1098 109L 1050 17.57 17, 9 2389
........ ...ST. LOUiS NSY 1/
""-------------.---'------------- ..... -lzaa
2 26 -- .2 .4 1125 1098 -- 22.49 22.71 -*
1551 1733 662 23.0 29.2 16.9, 1081 11031044 19.29 19.66 25.80
3784 3029 2639 56.1 51.0 67.2 1041 1033 1003 17.25 17.27 22. 60
1290 1037 549 19.1 17.4 14.0 1012 981 965 15.29 15.42 19.18
112 119 74 1,6 2.0 1.9 800 876 866 12.82 12.63 15.84
S 5944?...?.194. 924' 19041 J\Q4,1002 17.32 17 ,6 22.52
-? .- .-9 ..4 .. ... ..... ................. _PS E Q zo o 2 z7 3 2 2. 5 2
S. ST. JOSEPH 1/
-- -- -- --- -- -- -- -- -- -- -- -- -- -- -
27 14 -. .4 .2 1068 1014 -- 21.45 21.40 --
3860 4142 2169 52.2 55.8 28.8 1109 1133 1109 18.98 19.02 25.78
3100 2599 4831 41.9 35.0 64.2 1077 1058 1030 16.26 16.77 22.53
349 580 433 4.7 7.8 5.8 1056 1044 967 14.04 14.57 18.16
64 84 93 .8 1.2 1.2 986 889 915 11.99 11.98 15.51
- 7.4.00.7 19__52_. 10......... l? 9110 97 1048. 17 .59 J7,87 s.232..
---Cot aed------.--
Conti*"I.


Prime
Choice
Good
Com'l.
WUtility
WIll grades

Prime
Choice
Good
Com'l.
Utility
All grades

Prime
Choice
Good
Com'l.
Utility
All grades

* rime
Choice
Good
Coa'l.
Utility
All grades

Prime
Choice
Good
Con't.
Utility
All grades





6d BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER
..-...-Pe.-.- -..-... rcet of .. .Average eight Average price
Number of head total j a in dollars
,(pounds)
by grades per 100 lb.
-------------------------- ----------- ------ ------------
Grade Week ended
.-.-.... .............. -... .. --, .. ... ,- ------ -...... .. -. .......
:Jan. : :Jan. : :Jan. :Jan.
19 219 12 20 19 12 : 20 19 12 : 20
1 : 12 : 20 ,9 ',:
:1956 :1956 :1955 :1956 :1956 :1955 1955 :1956 9 955 196 1956 .9595
--- --- --- --- -- -- -- L --- .- ^- -- -- -- -- -- ---.- -- ----.. --. -- .---.
DENVER I/
Prime 10 294 14 .2 7.3 .3 1100 1134 946 23,56 22.46 27.00
Choice 2471 2487 3522 63. 61.9 85.8 1139 1154 1088 19.58 20,07 25,62
Good 1369 1211 571 35.2 30.2 13.9 1117 1092 1076 18.12 18.30 24.28
Coa'T. 38 23 -- 1.0 .6 -- 1234 1189 -- 13.97 13.92 --
Utility 3 -- 1 -- 1082 -- 12.50 -- --
All grades. 3891 4015 4107 1132 1134 1086 19,02 19.70 25461
_/ These summaries developed from data collected on marketing of fed cattle by the Agricultural Estimates
Division.

ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
------------------ --------------------------------------------------------------------
Beef Veal Prk : Lamb and \ Total Total
Week B V(excl. lard) mutton .-- t lord
--.------------- .... ,---- lard.-,- --. .,. .-- .
ended : NumI
ended Nu Num- Nm- Num- Prod. prod. prod.
Sober i ber her ro bar '-
1,000 .. lb. E!30J0 mil. lb. m1,000. mi. lb. 0A .ial. lb. mit. lb. mil. lb.
Jan. 21, 1956 398 222.1 129 14.4 1,815 213.2 302 14,5 464.2 58,9
Jan. 14, 1956 416 228.8 151 17.2 1,742 231.0 304 14.6 491.6 64.5
Jan. 7, 1956 1/351 192.3 135 15.4 1,433 190.0 268 12.9 410.6 51.3
Jan. 22, 1955 369 199.8 126 14.6 1,318 185.3 302 14.4 414.1 48.5
Percentage change from:
Jan. 14, 1956 -4 -3 -15 -16 -7 -8 -1 -1 -6 -9
Jan. 22 1955 +8 +11 + 2 1 +23 +15 0 +1 +12 +21
...-- ------------------------.-----------,-----,--, --------------------------------
Average weights (lb.)_ Lard
Week C a v Hog : Sheep and yield
e Cattle Calves Hogs
ended l.abs per
SLiv.----.--- D. irese d .Live :Dre s. sLe 2o -%"i D.res .d 100 IG lb.
Jan. 21, 1956 1,015 558 205 112 240 132 100 48 15.2
Jan. 14, 1956 1,010 550 210 114 242 133 100 48 15.3
Jan, 7, 1956 1,005 546 210 114 241 133 100 48 14.9
Jan. 22, 1955 93G 541 209 116 246 141 100 48 15.0
/ -Actual slaughter and revised es-tiate of production. 2/ Excludes lard.
1/Actual slaughter and revised estimate of production. I/1 Excludes lard.






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70 CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
..----------------------------------------------------- W---------.--------------------------- ------
Chicago Kansas City Omaha
------- -% ------- r ----------------- r --------------
Classification Jan. Jan. Jan.
21 14 22 2 21 14 22 : 21 : 14 :22
1956 1956 1955 1956 1956 :19559 1956 1956 : -1955
Slaughter cattle, calves and vealers
Steers -


Prime 900-1100#
1100-1300
Choice 900-1100
1100-1300
Good 900-1100
Com'l. All wts.
Heifers -
Prime 600-800#
Choice "
Good 500-900
Com'l. All wts.
Cows All weights
Commercial
Utility
Canner & Cutter
Bulls All weights -
Good
Utility & Commercial
Vealers All weights -
Choice & Prime
Com'l. & Good
Calves 500# down
Choice & Prime
Com'l. & Good


23.42
22.80
20.85
19.85
17.80
14.78


19,58
16.52
13.48

11.82
10.55
9.18

12.75
14.85

28.00
22.50

19.00
14.50


23.32
22,75
21.15
20.02
18.10
14.95

--
20.00
16.78
13.75

12.32
10.92
9.50

12,90
15.22

28.00
22.50

19.00
14.50


32.15:
33.10:
28.50:
28.45s
23.05:
18.30:


25.35:
21.12:
17.05:

11.98:
10,32:
8.80:


21.75
21,28
19.52
19.12
16.58
14.50


19.12
16,25
14,00

11,75
10.48
8.98


12.75: --
14.35: 13.50


27.50:
21.00:

21.50:
16.00:


22.00
17.50

16.50
14.00


22.12
21.65
19.58
19.30
16.55
14.50


19.18
16.30
14.00

12.42
11.05
9.52


30,95:
31,20:
27.05:
27.05:
22.10-
18.25:


24.25:
20.12:
15.75:

12.12:
10.50:
8.88:


22.65
22.35
20.20
19.68
17.12
14.75


19.25
16.62
13.98

11.50
10.32
9.08


-- -: 12.88
13.80 11.92: 13.44


22.00
17,50

16.80
14.30


23.00:
17.50:

18.60:
15.10:


19.60
17.60

17.00
14.00


Feeder and stocker cattle and calves
Steers -


Choice 500-800#
Good a '
Medium 500-1000
Heifers -
Choice 500-750
Med. & Gd. '
Cows All weights -
Medium & Good
Calves 300-5000 -
Steers -
Good & Choice
Heifers -
Good & Choice


19.90
17,50
14.75

17.00
13.75


19.75
17,50
14.75

17.05
13.80


22.55:
20.30:
17.45:


18.75
17.00
14.75


19.00: 16.25
15.75: 13.75


19.25
17.50
15,00

16.25
13,75


22.50:
20.00:
17.25:

19.00:
15.50:


19.42
17.50
14.92

16.50
13.50


--: 10.25 10.50 11.00: 10.50


20.65 20.50 22.25: 19.25 19.50 21.00: 20.75


17.25 17.2F 18.50: 16.25


16.50 18.25: 17.12


19.50
17.50
15.00

16.50
13.50


22.00
20.04
17.00

18.00
14.25


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


30.88
32.00
27.75
27.50
22.00
17.50


24.75
20.22
15.85

11.45
10.08
8.45

11.55
12.65

18.50
14.50


22.50
22.28
20.28
19.68
17.38
15.00


19.62
16.75
14.12

11,70
10.45
9.18

13.20
13.76

19.00
15.50

17.00
14.00


10.62 10,12


20.50 21.95

17.00 17.50






HOGS: WEEKLY AVERAGE OF DALLY QUOTATIONS
In dollars per 100 pounds
Interior Iowa and
Chicago southern Minnesota Indianapolis
------------------------------------ ---------H,-----------
Classification -a --- ..---.--J ------- --Jan.'--' Jan.
21 14 22 21 14 22 21 14 22
1956 1956 1: 955 1956 :9566 1955 1956 1956 .955
-------------------------- --- ----- 4 --,,, ,,- -'-'=~- ,~ ,-~----- -- -- -- -- -- ------- -L
Barrows and gilts -
U.S.No.1, 160-180# 11.50 11.15 17.25: 9,49 9.09 15,33: 11.40 11.25 17.55
2 and3 180-200 12.02 11.78 18,10: 10.94 10.55 16.87: 12,00 11,88 18.22
200-220 11.88 11,60 17.95: 11.34 10.93 17.12: 11.98 11.88 18.18
220-240 11.72 11.45 17.65: 10.91 10.52 16.65: 11.75 11.62 17.68
240-270 10,89 10,70 16.72: 10.35 9.94 16.15: 11.18 10.90 16.88
270-300 10,35 10.20 16.15: 9,75 9,35 15.39: 10,52 10.18 16.12
Sows -
300-330# 9.85 9.70 15.40: 9.58 9.16 14.85: 9.72 9,20 15.45
360-400 9.38 9,20 14.98: 8.96 8.52 14.27: 9,15 8.75 15.00
450-550 8.70 8.50 13,88: 8,24 7.89 13.11: 8.28 7.85 14.20
Pigs Stockerr and feeder)-
Gd. & Ch. 70-120# -- --:-- -- -- .. -
------------... .---. o m h ----- .-- j----- ---- --- ------------ -- -- -
*,St. Louis
Omaha S ,
Omaha National Stock Yards Sioux City
----------------------------------------------------------------------------------------------
Barrows and gilts -
U.S.No.1, 160-180# 10.90 10.38 --: 11.72 11.50 17,93: -- --
2 and 3 180-200 11.68 11.18 17.60: 12.28 11.95 18.14: 11.50 11.01 --
200-220 11.68 11.18 17.60: 12.20 11.92 18.01: 11.62 11.01 17.28
220-240 11.68 11.18 17,32: 11.90 11,62 17.58: 11.62 10.94 17,08
240-270 11.08 10,70 16.55: 11.28 10.90 16.88: 10.88 .40.32 16.40
270-300 10.32 10,08 15.55: 10.45 10,28 16.22: 10.28 9.68 15.48
Sows -
300-330 9.60 9.08 15.02: 9.60 9.25 15.65: 9.78 9.38 15.08
360-400 9.60 9.08 15.02: 9.22 8.88 15.28: 9.48 8,95 14.68
450-550 8.88 8.45 14.02: 8.72 8.38 14.35: 8.80 8.18 13.72
Pigs Stockerr & feeder)-
Gd.&Ch. 70-120# -- -- -
^ --- ---- ---- --- --.. .^.. ... .... ---- -.- -- .-------------.------ ---^---- ------------------- .---
S- S. St. St Paul Baltimore N. Portland
..- ..--...... ......----.....--.-.-.-- .- ...-.-.- ...-- ---- ---- -'----------- ----
Barrows and gilts -
U.S.No.1, 160-180# 11.65 11.42 17.60: 12.62 12.62 19.31: 12.16 12.38 19,47
2 and 3 180-200 11.80 11.55 17,58: 13.09 12.94 19.34: 12.69 12,97 19.91
200-220 11,80 11,55 17.35: 13.09 12,91 19.34: 12.69 12.97 19.91
220-240 11.62 11,30 17,05: 12,66 12.47 18.75: 12.41 12.69 19.47
240-270 11.10 10.60 16.20; 12.12 12.03 18.12: 11,62 11.88 18.50
270-300 -- -- 15.50: 11.25 11.12 17,38: 11.38 11.62 18,00
Sows -
300-330# 9.38 8,98 15.08 9.56 9.58 16,00: 10.56 10.75 17.25
360-400 e.92 8.48 14.52: 9,56 9,54 15.97: 10.06 10.25 16.75
450-550 8.48 8.20 13.68: 8.28, 8,25 13.66~ 9.47 9,75 15.75
Pigs Stockerr & feeder)-
Gd. &Ch. 70-1200 9.00 8.90 18.02: -- --: --






72
HOGS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
. --...........--.....--.. --.......... ---...... ----.............................------- .-----
Louis KAP S. S.8-
Chi- Natl. s: s a Sioux St. St. Indian- mkts.
Week ended cago Stock City a City Joseph Paul apolis corn-
Yards *, bined
--------------------------- ------------------------------- -------
AVERAGE COST Dollars per 100 pounds
Barrows Jan. 21,1956 11.03 11.62 11.47 11.09 10.99 11.42 11.11 11.50 11.24
and Jan. 14,1956 10.92 11.35. 10.99 10.70 10.48 11.04 10.70 11.34 10.90
gilts Jan. 22,1955 16,74 17.51 17.22 16.51 16.13 17.11 16.61 17.46 16.83
---------~--------- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -
Jan. 21,1956 8.92 9.01 9.06 9.21 9.30 9.44 8.94 8.48 8.96
Sows Jan. 14,1956 8.69 8.63 8.72 8,69 8.66 8.96 8.60 8.03 8.60
Jan. 22,1955 14.31 14.69 14.67 14.24 14.00 14.63 14,14 14. 3 1-, 4 3,
----------------------------- ---- ---- -- ------------------
AVERAGE WEIGHT Pounds
Barrows Jan. 21,1956 243 225 228 ----234 235 224 228 229 232
and Jan. 14,1956 243 227 231 235 236 227 226 231 233
gilts Jan. 22,1955 253 226 238 250 254 239 238 232 242
Jan. 21,1956 437 435 437 422 417 410 426 467 434 4
Sows Jan, 14,1956 451 4388 433 A17 409 419 421 477 435
Jan. 22 1955 462 433 451 447 444 426 426 47.. 45
NUMBER OF HEAD -
Barrows Jan. 21,1956 63504 59035 9350 57264 52^-75 29144 78341 57784 406897
and Jan. 14,1956 71418 63939 12557 74320 67622 35532 86262 53385 465035.
gilts Jan. 22,1955 53951 47960 7582 51747 46866 24016 61589 48242 341953
Jan. 21,1956 6868 3517 645 3705 1930 1833 4109 3651 26258
Sows Jan. 14,1956 7580 4132 1084 5829 3044 2513 4796 3934 32912
Jar.-.2. -.55... _57.... 22 ..... ... .2465 .. .45z...--8-- 6.A 22r...-2-42..- 615Z.
SOWS Percentage of total
Jan. 21,1956 10 6 6 6 4 6 5 6 6
Jan. 14,1956 10 6 8 7 4 7 5 7 7
Jan. 22,1955 6 4 5 5 3 4 3 6 5
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG, COMPARED WITH PRICES OF LIVE HOGS. CHICAGO
-""'------------------ Gross spread
SHog products 1/ Hog prices 2/ : or margin 3/
-----------------------------------------------------
Jan. 21, 1956 $14.72 ,~12.02 +$2.70
Jan. 14, 1956 14.47 11,78 + 2.69
Jan. 22 1955 19.93 18.10 + 1.83
S-----------.------------------------. --------------------
1/ Value of all edible products, fresh basis (lard rendered) in 100 Ib. 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 180.200# wt. Chicago.
3/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
Barrows and Corn, /; Hog-corn
Week ended gilts No. 3. yellow price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
Jan. 21, 1956 11.03 123.0 9.0
Jan. 14, 1956 10.92 124.5 8.8
Jan. 22. 1955 16.74 1 49.7 11.2
/ Simple average price.






SHEEP AND LAk-BS: WEEKLY AVE AGE OF DAILY QUOTATIONS
In dollars per 100 pounds
S: : :Ggden &: South
: Karsas: Fort : : North : San
Chicago Craha : City : Worth : Denver: Salt : Fran-
_:_ _: :Lake i:_ Sc_


LAMBS 110t dc
Choice and J-
Prime Ja
JE
Gocd and Ja
Choice J,
Ja
EWES (WOOLED) -
Gcod and Ja
Choice Ja
Ja
Cull and Ja
Utility Ja
Ja
FEEDER LAMBS -
Good and Ja
Choice Ja
Ja


*Shorn basis.


)wn (W:OOLED)
n. 21, 1956
in, 14, 1956
In. 22, 1955
in. 21, 1956
n. 14, 1356
n. 22, 1955

In. 21, 1956
in. 14, 1956
n._ 22, 1955
n. 21, 1956
n. 14, 1956
n. 22, 1955

rf. 21, 1956
n. 14, 1956
n. 22, 1955


19.10
18.52
21. 00
18.70
17.90
19,90

6.75
6.12
6.85
5,25
4.75


5.60


18.b5
18.08
21,30
17.92
17,35
20,60

A.42
4.38
6,90
3,50
3,50
5.55


_- 17.00
-- 16.75
20.88


18.40
17.40
20,28


-- 18.85
-- 18.75
-- 20.80


17.45 17.20
16.50 16.25
19.35 19.02*


4.62
4.62
6.38
3,62
3.62
5.25


18,10
18.12
19.65


-- 7.12
-- 7.12
-- 8.25
-- 525
-- 5,25
-- 6.12


16.50
-- 16.45
-- 17.75


17.50
17.50
19.25


19.25
-- 19.25
-- 21.00


17.55
17.25
19.90

6,00
6.00

3.75
3' 7r


m-
--
20.00



9,12
--


Us. f L --
-- 5.00

15.75
16.00
-- 15.00


TOTAL MEATS, MEAT PRODUCTS, AND BYPRODUCTS GRADED, OR CERTIFIED AS
COMPLYING WITH SPECIFICATIONS BY THE U. S. DEPARTMENT OF AGRICULTURE


Month and :
year


Jan. .........
Feb....... ,,,
Mar..........
Apr ........ ..
May ..........
June.........
July .........
Aug..........
Sept .........
Oct..........
cv. ..........
Dec ..........
Year 1955..
Year 1954..


CALENDAR YEAR, 1955
: Lamb, :


Beef


1,000 lb,
468,836
416,668
498,020
482,619
495,007
531,242
497,210
552,267
542,628
522,562
507,838
535,101
6,049,998
5,708,286


: yearling :


and .
calf and
* muttonI


S1,000 lb.
22,573
16,954
19,832
21,936
21,958
28,958
30,457
31,591
34,631
31,116
24,592
21,037
305,635
337,151


:All other :


Total : meats
: and


1,000 lb. 1,000 It
22,301 513,71C
20,508 454,13C
23,063 540,915
19,205 523,76C
19,660 536,625
18,154 578,354
16,526 544,193
19,755 603,613
21,356 598,615
22,444 576,122
19,694 552,124
20,017 576,155
242,683 6,598,316
250,129 6,295,566


. 1,000 lb.
18,860
14,794
14,104
13,668
13,803
13,346
11,409
14,192
13,067
12,646
12,339
12,715
164,943
310,122


:Grand
: total


1,000 lb.
532,570
468,924
555,019
537,428
550,428
591,700
555,602
617,805
611,682
588,768
564,463
588,870
6,763,259
6,605,688


veal.


total


-.--.- _:-lard i






,TEW YORK IOTE.SALE 1"T TRADE .REVI.v
I'estcrn dressedd Fresh Meats

Receipts of "'estLrn dressed fresh meats in the metropolitann area wore mostly
normal and fairly well distributed at local wholesale centers. !teor beef unloaded
included only a small percent of Prime carcasses. Preferred weights of lamb, 38
to 45#, were estimated at only 20 percent of the total and generally inadequate for
trade needs. Tnomand was slow/~ho outset but developed to a fair degree around mid-
week when volume accounts became active in the trade. Good to Prime steer carcasses
around 700' down along with the aforementioned lamb weights received buyer prefer-
ence. However, as numb,-rs of these dwindled, inui.ry for steer ribs and arm chucks
expanded and lanb hindsaddles were absorbed readily by most retailers, with chain
outlets setting the pace. Prices for steer beef and veal worked weak to lower
while lamb and fresh pork prices turned upward, pork loins closing unevenly higher.
Compared with the previous week: Steer beef and veal steady to t2.00 lower; cow
beef and calf steady to t1.00 lower; lamb $1.00-4.00 higher; pork loins $2.00-3.00
higher, other fresh pork cuts $1.00 loucr to $2.00 higher.
Steer carcasses 600-700# closed at l37.00-40.00 for Prime, Choice t36.00-38.00;
Prime 700-800;'. $36.00-38.00, Choice of the same weight t34.00-36.00; Good 500-700,"
$31.00-32.00. Commercial cow carcasses were quoted from &25.00-27.00, although
only a handful of high-Commercial brought the outside figure. Utility sold under
pressure at $22.00-24.00. Prime veal sold from $44.00-48.00, Choice S38.00-44.00.
.hoicc and Prirm lamb scaling 38-45f cleared readily at $38.00-40.00, with car-
casses up to 555 at $35.00-38.00, 55-65# $32.00-35.00; Good lamb $33.00-36.00 with
preferred weights mostly at the top figure.

Locally Pressed Fresh Mcats

Slaughter figures for the first three days of the week reflected normal pro-
duction of steer boof, veal and lamb while fresh pork output was fully normal.
Trading ranged from fairly active to slow with best action around midwook. 3uyer
preference was shown for lightweight steer beef grading Choice and above, and for
lamb scaling around 45#. Movement of veal was generally slow for both kosher and
non-kosher cuts, as buyers operated cautiously. Easiness developed in prices for
most primal steer cuts and realizations on veal carcasses were down. Lamb averaged
fully steady despite an uneven demand. Fresh pork loins sold steady to strong
while other fresh pork cuts cleared at steady prices.
Choice steer carcasses predominated with bulk consisting of weights 800-~' ur.
Supply of %ood offerings was fairly large but Prine selections were rather scarce.
Good to Prime steer carcasses around 700# down received first call from rotr.ilers
and prices of those were well maintained. Heavier carcasses worked weak to lower
with listings on hindQuarters, rounds, plates and briskets revised downward. Koshcr
steer cuts encountered an uneven demand, which centered primarily on loan light-
weight wholesale cuts. Prices were mostly unchanged.
The practical top on veal hindsaddles was off about $2.00, with dcclines shown
on practically all grades and "eroights as retailers showed less urgency for supplies.
Lamb offerings consisted mainly of carcasses in the 50-70('- weight group. The rela-
tively small quantity of Good to-Prime carcasses around 45# down commanded top
buyer interest and cleared readily at fully steady prices. Demand for hindsaddlos
broadened progressively and prices tended upward. Advances, however, wore offset
by weak to lowor prices on foresaddle cuts, with a sharply lower trend on kosher
lamb. Practically all fresh pork cuts cleared at steady to strong prices.






CHICAGO WHOLESALE MEAT TRADE FEEVIEW


Beof, lamb, and veal supplies consisted principally of Good and Choice grades,
Carcasses 55-65"' predominated in the lamb supply, with veal mainly weights under
80.. Por.: loins 8-12i were in smaller volume than 12-16#. Available supplies of
all classes of fresh meats proved sufficient even though beef and pork decreased
compared to liberal offerings of recent weeks. Trade on beef, lamb, and veal was
rather slow. In beef cuts; rounds attracted fair demand, other cuts draggy. On
Tuesday the rove.ent of squarecut chucks slowed considerably compared to a fair
movement Monday and late last week. Lamb loins and hindsaddles cleared quite
readily. "cal carcasses 80-130# in all grades were in better demand than lighter
weights. Trade on pork loins 8-16# was moderately active. While pork loin prices
advanced sharply, Poston butts 4-8:,: and spareribs 3# down were only steady in a
slow trade. Compared to last Thursday's close: Beef steady to 500 higher; veal
steady to $1.00 lower; lamb 500 to $1.00 higher; pork loins 8-16# $3.00-4.00
higher, other pork cats steady.
Choice and Prime squarocut beef chucks sold from $27.00-29.00; comparable
rounds $40.00-43.00; Prine loins t73.00-77.00, Choice $60.00-64.00; Prime ribs
S54.00-57.00, Choice t46.00-49.00; Choice and Prime kosher style chucks $28.00-
30.00. Choice veal hindsaddles brought '55.00-57.00; comparable forequartors
$23.00-25.00. Lamb hindsaddles turned at $44.00-51.00; logs A40.00-47.00; lamb
loins ,55.00-60.00; ribs $50.00-55.00, steve $13.00-18.00; shoulders $19.00-25.00.
PACIFIC COAST ,, CL SALE rt-AT THR! REVIEW

A record kill of cattle and hogs in the Los Angeles area during the second
week of Januury resulted in liberal supplies of beef and pork there with increased
beef supplies also at other points. Volume of veal and calf was limited at most
points while the lanb supply was moderate but adequate for the demand. Offerings
of fresh and cured pork continued liberal. Trading was slow on most beef with
sore forced selling on heavier steer carcasses. Hindquarter cuts of beef were
draggy with sone larger chains featuring steaks for the weekend in an effort to
clear accumulations. Movement of other carcass meats was fair to slow. Prices
compared to last Friday: Most beef weak to l$.00 lower, instances on Choice 700-
800-: steer 92.00 off at Los Angeles; veal and calf steady, lamb mostly steady,
instances 31,00 lower at Los Angeles; fresh pork largely steady, loins occasionally
'2.00 higher at Los Angeles and $4.00 higher in the Northwest; cured pork steady
to weak; 1lrd steady to $2.00 lower, most of the decline at Los Angeles.
Choice steer carcasses under 600# sold mostly from 31.00-34.00, a few $35.00
at San Trancisco and q36.00 in the Northwest, 700-800# $29.00-31.50; Choice heifer
$1.00-3.00 below comparable steer; Good steer under 600# $28.00-34.00; Connercial
$26.00-31.00; bulk Connercial cow beef '23.00-26.00; Utility '$22.00-26.00; Canner
and Cutter ?17.00-22.00.
Good and Choice veal carcasses under 150# sold from $40.00-48.00; same grades
calf under 300# $32.00-40.00, Connercial, all weights, $28.00-35.00. Choice and
Prine lanb under 55# cashed at 938.00-39.00, some distributive sales to $40.00 at,
all points. Closely trinned pork loins under 16# brought $32.00-39.00, few $41.00
in the Northwest; shoulders under 16# $20.00-30.00; spareribs'under 3# $30.00-38.00;
smoked skinned hans under 18, $41.00-50.00; slab bacon under 10# $28.00-40.00;
sliced 1i p--ages $3-.00-44.00: lard in 1# cartons $12.50-15.50.





'6
W./)L FS.4iL DRESSED MEAT PRICES: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
-------------------------------------------------------------------
New York Chicago San Francisco
Classification Jan., Jan. ------ -
21 14 22 21 14 22 21 14 22
.....-19--- 1956 1955 1956 1956 1955 1956 1956 1955
S----------------------- ---------------------------------- ----------------
Beef -
Steer -
Prime 600-700# 38.50 40.50 --, 36.85 37,75 52.40: -- -
700-800 37.00 38,50 50.00: 36,85 37,75 52.40: -- -
Choice 500-600 -- -- 36.05 36.10 44.95: 34.50 35.50 42.5C
600-700 37,00 37.00 46.50: 36,05 36.10 45,30: 33.25 ;3.85 41.50
Good 350-600 31.50 31.50 42.00: 30,70 30.55 37.50: 32,75 32.75 40.00
Com'l. 29.50 29.50 37.50: 28.25 28.20 32.50: 29.00 29.00 37.00
Cow, all wts. -
Commercial 26.00 27.00 29.00: : 26.50 26.50 29.70
Utility 23.00 23.00 24,50: -- -- -: 24.50 24.50 24.90
Veal -
Prime 80--11Of 46.50 48,50 47.00: 44,50 44.50 47.00: -- -
SChoice '" 42.50 43.50 44.50: 40.80 41.00 43.50: -
Good 35,00 36.20 39.50: 36.60 37.00 38.05: 44.00 ^4.00 43.00
Lamb -
* Prime 40-50F 38.00 36.80 44.80: 36.05 36.40 43,50: 39.OC 39.00 42.00
50-60 35.00 33.60 44.80: 32.30 32,85 42.00: 37.00 37.00 41.00
Choice 40-50 38.00 36.80 42.90: 36,05 36.40 42.50: 39.00 39.00 42.00
50-60 35.00 33.00 42.90: 32.30 32.85 41.00: 37.00 37.00 40.00
Good all wts. 34.50 31.30 41,00: 31.70 32.35 0.0: 36.50 36.50 38.00
Pork Fresh -
Loins 8-10# av. 33.70 31.90 45.60: 32.50 29.65 43.50: 36.90 37.60 49.00
10-12 33.70 31.90 45.60: 32.50 29.65 43.50: 37.50 37.70 45.00
12-16 32.20 30,80 42.50: 30.55 28.25 40.30: 35.00 35.80 45.00
Butts 4-8 28.50 28,90 36.50: 24.85 25.20 34.50: 32.50 32.50 44.00
Pork Cured -
Hams. smk., skd. -
12-16 av. 43.00 43.00 54.50: 45.80 45.55 51,05: 48.50 48.50 56.00
16-18 40.50 41.50 47.00: 43.35 43.00 47.80: 46.00 46.00 52.0
18-20 -- -,: 42.05 42.85 46.70: --
Bacon, smk.. slab -
6-8 av. -- -- -- 35.05 35.85 56.00: 38.00 38.00 57.50
8-10 33.50 34.00 51.501 33.10 33,35 52.50: 37.00 37.00 54.00
Sliced 1 0pkg. 38.50 38.50 53.25: 38.00 38.30 55.50; 40.50 40.50 58.5C
Picnics, smoked -
4-8# av. 22.00 22.00 35.50: 27.20 26.50 34.30: 30.00 30.00 3,6.00
Backs, D. S. -
16-20# av. 15.00 15.00 16.00: 11.50 11.00 15.50: -- -- --
Lard, If cartons -
Refined 16.00 16.00 17.00: 13,75 14.05 16.55: 16.50 17.50 18.50-
Substitutes -- -- -- 25.00 24.80 27.50: -- -- -


lo-te: Qot--ations- at, Ne-w York ey-clde-- loal--y Ires--d nea-s.--
11te Qrjta~t,ioris at. Ne' York ey. 3'ide lc'r-Oly di'1srad~ nkeat~s.






BOSTON WOCL MARKET REVIEW
Turnover of greasy domestic worsted wools in the Boston market was about the
same as during the previous week with approximately twenty-one cars of various
combing wools sold. Prices of most wools held firm and unchanged with Texas wools
slightly higher. Integrated mills and topmakers were in the market, Novement of
scoured wools and noils for spring and summer goods has subsided and handlers
expect the fall season to be in full swing around mid-February. Good to choice
white wools from ^8s to 58/60s were scarce and in demand at firm prices. Trading
in the domestic primary areas wag practically at a standstill. A little early
shorn lambs wool was purchased in Texas.
Early in the week trading in the Australian markets was very animated with the
continent, Bradford and Japan active. The New Zealand sales opened 2E% lower and
closed firm under general competition with United States buyers supporting while
quotations from South Africa were up about two cents and competition was general.
Prices at South American markets continued firm to strong.
Fleece Wools Graded fine staple Ohio delaine wool sold at $1,30-1.32 clean
basis while graded fine fleece wool, irregular in length, brought $1.20 and average
to short French combing fine fleeces moved at $l.17, Graded 56/58s good French
bombing and staple fleece wool sold at t1.03 while 50/54s Missouri good French
bombing and staple wool brought around 961#.
Territory Wools Good style graded fine, good French combing and staple
territory wool sold at $1.32 clean basis while poor style fine wool brought $1.25.
Graded 62s good French combing and staple moved at t1.25 while 60/62s sold at
$1.22 and 56/58s good French and staple brought tl.12-1.14.
Texas Wools Bulk average to good French combing 12 months Texas wo'l in
original bags sold at t1.35 clean basis. Early shorn greasy lambs wool was esti-
mated to cost clean around 1,l10-1.15 delivered Boston.
Mohair In some sections of Texas, fair weights of mohair were contracted at
834-86# for adult and t1.05-1.064 for kid mohair to the warehouse. Trading in
the Boston mohair market continued quiet.
Sales of CCC Wools The Commodity Credit Corporation announced on January 19
that approximately 3,258,000 pounds of C.C.C. owned wool, from bids received on
about 23 million pounds, were sold. The principal grades, quantity and sales price
ranges follow:
Pounds Price Range
Graded territory 1/2 blood staple and good French 242,032 $1.236-1.25
S" 3/8s 666,988 1,155-1.17
1/4 48/50s 155,240 1.063-1el71
0. B. Texas 12 months good French and staple 159,746 1.381-1.392
12 average and good French 312,015 1.34 -1.376
Fall Texas, best length 200,961 1.08 -1.102
Graded flecce 1/2 blood staple and good French 143,080 1.18 -1.20
3/8s 579,848 1.081-1.103
1/4 48/50s 439,875 1,026-1.051

Foreign Wools Spot Montevideo super-skirted 60/58s sold around $1.26 clean
oasis, duty paid while spinners style merino 7 to 9 months and 6 to 8 months Cape
wools brought around 41,44 and a 64s Australian combing fleece wool moved around
t1.57 clean basis, duty paid, Montevideo super-skirted wools sold for shipment as
follows: 60s at 64-3/44; 56/58s at 650 and 64-3/4# and 50s at 650; all grease
oasis, in bond.
Carpet Wools The carpet wool market was active for any spot or nearby wools
but offerings were scarce, The Liverpool auctions closed on a quiet tone and
slightly easier compared to the previous sale. Spot India good super yellows sold
at 87-# clean fibers present while inferior coarse light yellow wool brought 821.
Pakistan/Ir.dia good white wools were quoted around 94-95#.






MEATS IND MEAT FOOD PRODUCTS PREPARIEL ND PROCESSED
UNIIDE FEDERAL INSPECTION
:v- ----eek ended
Product Dec, Dc. : Dec. Dec.
: 10 17 24 31
S1955 _:_ 195_ 5 1955 955
Plced in cure 1,000# 1,000# 1,000# 1,o000
Beef. .. . 2,536 3,749 3,177 4,100
Pork. . 87,547 84,233 69,236 70,263
Other . 24 19 79 22
Smoked and/or dried -
Beef . 838 893 1,488 1,769
Pork . 62,705 68,360 52,008 50,121
Cooked meat -
Beef ... . 1,782 1,705 1,381 1,506
Pork .. . 7,801 8,699 6,735 6,320
Other .. 80 82 68 79
Sausage -
Fresh finished. .. 5,703 5,487 4,633 5,600
To be dried or semi-dried 2,520 2,567 2,384 2,463
Franks, wieners .. 10,795 10,575 9,31^ 10,143
Other, smoked or cooked 11,095 11,329 9,633 10,063


Leaf, head cheese, chili,
jellied products ..
Steaks, chops, roasts .
Bouillon cubes, extract .
Sliced bacon .
Sliced, other .

Hamburger .
Miscellaneous meat product.

Lard, rendered. .

Lard, refined .
Oleo stock .
Edible tallow .
Rendered pork fat -
Rendered. .
Refined . .


S. 4,448
. 16,029


9 4
4 4


10
20,713


. 2,948

. 3,028

S. 1,675


* S


Compound containing animal fat..


Oleomargarine "


it" 1


59,326

35,220
2,215
3,629

2,751
1,049
10,752
738


Canned product (for civilian use
and Dept. of Defense) 51,810 52,642 43,883 40,321
o2tal i/. . 409,766 414,475 343,074 348,-77
. / This figure represents "inspection pounds" as some of the products may have
oeen inspected and recorded more than once due to having been subjected to more
than one distinct processing treatment, such as curing first, then canning.
2/ Included with "Luncheon meat" prior to March 6.


'i


3,675
15,375
8
19, 34
2,941


3,314


1,411

60,086

37,183
2,361
3,230

2,342
1,735
10,386
854


3,289
13,444
9
15,923
2,619

2,552

1,395

53,479

32,970
1,893
3,138

2,411
1,585
9,580
766


3,110
13,172
7
17,889
2,962

2,714


1,214

49,228


35,922
1,876
3,436

2,665
1,763
8,704
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INSPECTED STOCKER AND FEEDER SHIPMEIITS FROM PUBLIC STOCKYARDS
DECEMBER 1955 WITH COMPARISONS
Cattle and Calves

Market : State
Markt Dec. Dec. d St. Dec. : Dec.
origin 955 1954 destination 1955 1954
- -------------- -- ------ -------- -------- _- ---_----_ --------
Number Number 1uImber Number
Baltimore........... 1,238 ,735 Pennsylvania......... 9,367 7,600
Chicago............... 6,238 ,26 Ohio................ 8,580 8,615
Cincinnati............ 647 1,075 Indiana.............. 7,093 8,412
Clovis................ 11,860 10,112 Illinois............. 27,782 29,593
Denver................ 27,330 19,340 Michigan.............. 3,594 3,160
Detroit............... 1,809 1, .24 Wisconsin............ 1,238 1,343
Fort Worth........... 13,013 19,388 Minnesota............ 20,397 16,500
Indianapolis ......... 3,015 4,371 Iowa................. 58,522 77,383
Kansas City........... 35,858 40,250 Missouri............. 20,001 22,408
Lancaster............ 8,123 6,237 South Dakota......... 8,807 14,406
Los Angeles........... 10,401 10,113 Nebraska............. 27,253 37,332
Louisville.,........... 2,708 2,398 Kansas................ 20,901 27,612
Nashville............. 697 1,044
Ogden................. 19,529 17,440 Maryland............. 984 992
Oklahoma City......... 32,275 23,019 Virginia............. 575 288
Omaha................. 26,133 37,978 Kentucky............. 2,188 1,888
St. Louis area l/..... 10,953 9,936 Tennessee............ 2,039 3,300
San Antonio........... 16,326 22,343
Sioux City........... 37,761 4F,754 Oklahoma ............. 24,544 13,730
Sioux Falls,........... 12,443 16,119 Texas................ 30,576 34,529
S. St. Joseph......... 10,150 11,259 Colorado............. 21,331 14,052
S. St. Paul........... 19,855 19,936 Utah................. 5,765 2,422
Wichita............... 9,582 10,834 California........... 43,106 46,525
All other inspected 2/ 75,916 86,354 All other 2/......... 49,217 54,815
Total 2/........... 393,860 426,905 Total 2/............. 393,860 426,905
Sheep and Lambs
Chicago............... 1,423 2,258 Ohio................. 1,349 3,621
Denver.......... ...,, 21,543 15,180 Indiana.............. 1,024 782
Fort Worth............ 2,689 7,575 Illinois............. 6,264 4,926
Kansas City............ 1,203 3,350 Michigan............. 1,131 2,276
Louisville............ 99 Wisconsin............ 906 1,026
Ogden................. 33,267 15,289 Minnesota ........... 12,998 17,424
Omaha................. 3,906 5,536 Iowa................. 24,294 33,681
St. Louis area I/..... 1,218 1,228 Missouri............ 13,751 7,316
Salt Lake City........ 17,785 21,399 South Dakota......... 7,128 10,594
Sioux City........... 6,702 12,601 Nebraska........... 13,562 21,244
Sioux Falls........... 7,864 11,94. Kbnsas.............. 978 2,955
S, St. Joseph.......... 12,009 1,344 Kentucky............. 101 3
S. St. Paul..,....... 19,573 29,570 Texas................ 3,486 4,473
Colorado............. 12,826 4,095
Utah................. 2,537 1,184
All other California........... 50,586 33,939
inspected 2/........ 34,628 34,551 All other 2/......... 10,988 12,286
Total 2/............ 163,909 161,825 Total 2/........... 163,909 161,825
Includes St. Louis National Stockyards, Ill., and St. Louis, Mo.
/Excludes Hawaii,
Compiled by the Agricultural Estimates Division, Agricultural Marketing Service
from Inspection Records of Animal Quarantine Branch, Agricultural Research Service.





Stocker and feeder cattle and sheep received in several Corn Belt States 1/ 81
December 1955, with comparisons

Cattle and Calves


: ublc Sock : Direct
: Yards : D
S December T -December
-- 1 I a -9 I -9 196


S Total
t Dec6ember-
S71 -I : 194 -


Cumulative Total
July-Dec, indcl
195 : 19W 96


Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
South Dakota
Nebraska
Total
9 States


9,895
7,903
32,L014
3,779
1,567
13,769
88,942
9,367
31,652


8,828
9,001
33,202
4,137
1,250
7,6714
99,393
15,322
44,066


3,505
4,865
84,779
2,480
2,108
25,786
66,594
864
29,294


1,711
4,648
30,702
3,277
639
19,337
37,954
2,859
31,1140


13,40O
12,768
117,183
6,259
3,675
39,555
155,536
10,231.
60,946


10,539
13,649
63,904
7,l414
1,889
27,011
137,347
18,181
75,206


125,107
160,266
794,849
67,261
27,053
272,112
1,214,751
58,703
350,496


102,009
154,938
757,375
54,499
29,498
228,697
1,252,852
79,916
477,632


199,278 222,873 220,275 132,267 419,553 355,140 3,070,598 3,137,l16
aaaaa--------------------_~~~~~


Sheep and Lambs
~--1-1---------------------------a~


Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
South Dakota
Nebraska
Total
9 States


1,348
1,648
5,836
1,131
746
14,963
31,111
7,581
20,677


3,324
1,928
6,004
2,204
1,062
23,066
29,472
10,689
19,258


432
577
630
265

3,818
21,767
2,884
45,241


349
561
3,773
M--
.--
5,040
46,341
3,733
28,848


1,780
2,225
6,466
1,396
746
18,781
52,878
10,465
.65,918


85,041 97,007 75,614 88,645 160,655


3,673
2,1480
9,777
2,204
1,062
28,106
75,813
14,422
48,106


51,00o
94,790
221,236
28,130
17,950
191,886
701,377
94,902
500,363


38,471
92,850
213,252
21,578
31,756
197,542
653,447
124,693
675,083


185,652 1,901,638 2,048,672


I/ Data in this report are obtained from offices of State Veterinarians. Under
"Public Stockyards" are included stockers and feeders which were bought at stockyards
markets. Under "Direct" are included stockers and feeders coming from other States
from points other than public stockyards, some of which are inspected at public
stockyards while.stopping for feed, water, and rest en route,

UNITED STATES DEPARTMENT CF AGRICULTURE
Agricultural Marketing Service
Agricultural Estimates Division
Washington, D. C.


State




S..J. r ,II OF FLORIDA
f ll *H ll* (1111111lll1111
'2 3 1262 08734 5319











15 '





WESTERN LIVESTOCK REVIEW CONTIhUED FhOM PAGE 65
necessary .t most points to facilitate the novemez.t of these classes. Late sales
of slaughter steers ani heifers were steady to *1.00 lower at western terminals
except for mild strength at Spokane and for a 25-) 0# advance at Denver on steers
over 1150#. In direct trading the price trend on both classes was weak to 50#
lower. Cows sold 50 -t1.75 lower at California points, steady to weak at Portlana
and Ogden, and steady to 500 higher at Spokane and Denver. Stockers and feeders
were largely weak to l.00 lower but steady to strong in some instances. Vealers
and slaughter calves brought mostly steady to weak prices. Barrows and gilts were
in good demand at steady to 750 higher prices ani slaughter lambs sold steady to
strong, instances 500 higher at Spokane and Ogden.
At most western terminals Choice slaughter steers under 1200# brought t19.00-
20,50, some down t3 t17,50 at Spokane and Ogden, with a few loads average to high-
Choice $21.00-21.50 at Denver, Good steers ranged from A15.00-19.00, bulk $16.00-
18.00, Commercial 13.00-16.00. High-Good to Choice slaughter heifers earned
t16.50-19.50, average to high-Choice sparingly .19.75-20.00 at Denver; Good heifer
mostly $14.50-16,50. Utility and Commercial cows sold from t9.50-13,53, young
Commercial fed cows 413.75-14.00; Canners and Cutters t7.00-10.50. Good to Prim |
vealers cleared from 120,00-27,00, a few reaching t2F,50 at Portland; Good and
Choice slaughter calves f16.00-20.50, Choice to 422,00 at Stockton. Most Good ani
Choice stocker and feeder.steers brought $16.00-19,25, load Choice 614# yearlings
t20.00 at Stockton; Good and Choice stocker and feeder heifers $14,50-16.25, load
*Choice 625# open heifers 416.75 at Denver. ,
Choice fed steers 1250+ down sold out of California feedlots from t18.50-
19,75, few under 1050# t19,75-20.00; Good and Choice heifers 16.00-18.00; sales
f.o.b. feedlot at 4 to 5V' shrink. Few loads Good and Choice 650-830# stocker and
feeder steers out of Utah and Montana brought t16.00-17.50.
Mixed lots U. S, No. 1 to 3 180-24C0 barrows and gilts sold late in the week
at t13.00 at South San Francisco; 413.50 at Stockton; t12.50-13.25 at Los Angeles;
$12.00-13,2E at Portland; 413.25 at Spokane; 12.50-13.00 at Ogden, and $11.25-
12.50 at Denver.
Good and Choice fall shorn to full wooled slaughter lambs brought $17.00-
18.75, several loads Choice and Prime ~ 19,00 at Denver, with Choice full veole'
up to $19.50 at South San Francisco, Few loads Good and Choice lambs with No. 1
and 2 pelts brought t17,25-17,75 at Denver. Direct trade on slaughter lambs was
quiet, sales including a few loads Good and Choice lambs with No. 1 and 2 pelts
in the Imperial Valley at 419,00, f.ob. Valley with 44 shrink.




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