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:
AA00012178:00004

Related Items

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


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Full Text









used LIVESTOCK DIVISION WeekfI






MARKET REVIEWS AND STATISTICS
Vol. 24, No. 2 January 10, 1956
heek ended January 7

Page
Livestock Market Reviews 22
Livestock Market Receipts (with monthly and yearly totals) 24
Feeder and Stocker Statistics . 26
Steer Sale Statistics (with monthly and yearly totals). 27
Estimated Slaughter and Meat Production 29
Slaughter at Major Centers. . .. 30
Cattle Prices . .. 31
Hog Prices . . .32
Hog Purchase Statistics (with monthly and yearly totals). 33
Sheep and Lamb Prices. . 35
Estimated Percentage of Feeder and Stocker Cattle and
Slaughter Cows in Salable Receipts. . 35
Wholesale heat Trade Reviews. . 36
Wholesale Meat Prices .. . 3e
Wool Market Review .... 39

Special to this issue

Livestock Slaughter Meat and Lard Production,
November 1955 . . 40
The Livestock and Meat Situation, December 1955 41
Livestock Prices and Composite Meat Values, December 1955 42-








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


A*lll-A31






MIDWEST LIVESTOCK MARKET REVIEW

Livestock receipts increased compared with the closing week of 1955 but
with a few exceptions were below a year ago. Demand for slaughter cattle exp&ndea
and prices showed a general advance. With few exceptions, fed steers sold steady
to 1.00 higher, reflecting moderate strength in wholesale dressed beef prices.
Other slaughter cattle sold largely steady to 50# higher. Trading in hogs was
fairly stable with late prices of butchers steady to 25# higher than a week earlier
at most midwest markets. Slaughter lambs closed steady to 500 higher at some mar-
kets and 25-750 lower at others.
SLAUGHTER CATTLE AND CALVES
Substantial improvement in prices of most cattle featured the trade during the
initial week of 1956, Price betterment was general in heifers, cows, bulls and
vealers but the trend on steers was somewhat uneven. At Omaha a liberal supply of
Good to low-Choice 1150-1500# steers sold steady to 500 lower and steers around
1200# up sold weak to 25 lower at St. Joseph. With those exceptions, steers
closed steady to 1,00 higher, maximum advance at Chicago and St. Louis national
Stock Yards. Buyers were very aggressive on Choice steer yearlings argond 1000#
down and in instances these sold 1.50 or more higher. Heifers, cows and bulls
were mainly steady to 50# higher for the week, vealers advancing about $1.00 to
reach highest levels in recent months. Stronger dressed beef and veal prices at
wholesale centers were an incentive to higher live prices, but recent supply
abridgment, due largely to holiday influences, and broadened demand were considered
more important factors in the week's stronger price trend. Fed steers over 1300#
were not quite as numerous as recently but quite a sizable volume was offered for
this time of year, and a few loads at Omaha were returned to the country late due
to unsatisfactory bids. Average weight of beef steers at Chicago was 1141# or 50#
above a year ago, while the average of 1127# at Omaha was 34# heavier than a year
ago. Thirteen loads of average-Prime to high-Prime 1050-1275# steers brought
t23,75-24,50 at Chicago; bulk Choice and Prime under 1400# $19.50-23.50; s.me grades
of 1400-1550# 19.00-22,00; bulk Good steers .16,00-19,50; Utility and Commercial
$12.50-15.00. High-Choice and Prime steers around 1100 down sold at other midwest
markets from $21.50-23.00, bulk Good and Choice 1S6.00-21.501 a scattering high-
Choice and Prime 1450-1660# *17,65-19.50, Prime 1425- at Omaha 420.75, 1458#
220.50, 1489# 420,00, and 1538# steers of the same grade 419.50. High-Choice 1401#
steers brought t20.50 at Kansas City, high-Choice 1510'# uith a few Prime 419,00.
STOCKER AND FEEDER CATTLE AND CALVES
Marketings for the second consecutive week were interrupted by a Monday
holiday, and receipts of stocker and feeder cattle and calves continued relatively
small, with scarcely enough at several markets for an adequate test of price levels.
However, at Kansas City where supplies were materially larger than at most other
terminals, shipments of steers to the country totaled 3,146, compared with only
1,366 the previous week and 2,488 a year ago. Poor winter grazing conditions in
much of the southwest and western range areas as a result of a prolonged dry spell
influenced a limited movement of cattle to market during the week under review, and
marketing are expected to expand in the next few weeks, At the same time, mild
winter weather favorable to the handling of cattle tended to stimulate demand for
stockers in areas more fortunately situated as far as moisture and water were
concerned. Consequently, with a stronger price trend for fat cattle also encourag-
ing increased interest, trading for the light to moderate numbers of stockers and
feeders on offer was fairly active at steady to 50# higher prices, instances as
much as !1.00 up. Calves and yearlings 650# down showed most strength. Feeder
steers and heifers also strengthened to some extent in sympathy with upturns in fat
cattle prices. However, feeder buyers still were inclined to proceed with consider-
able caution in the face of the continued unfavorable price relationship between





:'atd and feeders, Fr example, the average.cost of t16.96 for all steers shipped
so the country from Kansas City during the we-k was only t2.61 under a year ago,
while the average price of t18.07 for beef steers there was t5.87 below a year ago.
.* relatively wide price gap exists b.twen th.e various weights of stocker and
'eedur steers. A few Choice fleshy 800-900# feeders brought 18.00-18.50, but
sellers had difficulty in obtaining more than 17.50 for rank and file of steers
O6# up. Meanwhile, Choice 560# stockers sold upward to 421.00, &nd Choice steer
Jalves reached 422.50.
HOGS
Combined receipts increased moderately over recent weeks and were largest since
mid-December. All interests competed aggressively the forepart of the week and
price ranges narrowed somewhat, widening again later as packer demand lessened.
Shippers continued active throughout, taking butchers up to around 250#. With the
exception of a downward price adjustment of 25-500 at Indianapolis, prices of both
butchers and sows closed strong to 250 higher at terminal markets. In the Interior
Iowa-Southern Minnesota area late prices were steady to 10 lower on butchers,
steady on sows. Much of the butcher crop consisted of 190-270 weights, bulk of
whicn graded No. 2 and 3. The uneven finish of many butchers and unevenness in the
trade itself resulted in price variations of 500 to as much as $1.00 on comparable
weight hogs. There was little or no sorting for grede within lots at several
centers with only moderate to little sorting for weight. Lemand for butchers over
240w expanded to some extent. The average weight of 2429 for barrows and gilts at
Chicago was heaviest for any week since May 1955. In the Interior many excessively
fat No. 3 butchers sold as much as 400 under No. 2 offerings of the same weight.
However, the proportion of such hogs purchased at discounts was somewhat smaller
than in the previous week. There were also fewer sales of straight No. 1 lots in
spite of price advantages 6f 40-50 over No. 2 offerings of the same weight,
Feeder pig prices were little changed. Good (and Choice f:eders at Sioux City
brought 99.00-9,75, and at South St, Paul ,8.00-9.00, a few lots 125-135# at Kansas
City $9.00.
SHEEP AND LAMBS
*Marketings of sheep and lambs expanded to a moderate degree following the
holiday lull, but with the exception of the past two weeks, receipts at the 12 mar-
kets were smallest since last August. Slaughter lambs sold very unevenly in the
opening week of the new year, with prices at some markets steady ta 50# higher, and
at others 25-75# lower. Sheep sold mainly steady and feeder lambs steady to 50# or
more higher. Trading on shorn lambs appeared especially erratic. Prices of shorn
lambs at some points were fully as high as for the same grades of wooled lambs,
while at other centers shorn lambs sold 1,00 or more below comparable wooled offer-
ings. Good to Prime wooled lembs sold mainly at t16.50-19.25, a few to $19.50.
Weights over 110+, however, were gen- rally discounted .1,00-2.00 or more, Cull to
low-Good lambs brought t10,00-16,50, Good to Prime lambs with No. 3 to fall shorn
pelts bulked at t17.00-18.75, a few t19.00 and above. host yearlings brought
16.00-16.50, and Cull to Choice slaughter ewcs brought 43,00-7.50, Nedium to
Choice feeder lambs sold at l14.00-i8.E0. A few short term breeding ewes realized
$8,50.
WESTERN LIVESTOCK REVIEW
Receipts of salable cattle and calves increased over the relatively small
volume of the previous week. However improvement in the dressed beef trade on the
West Coast influenced fairly active trading on slaughter steers,heifers and cows at
steady to 500 higher prices, the advance mainly at terminal markets. Slaughter
calves and vealers closed steady to l1.00 higher. A small volume of stocker and
feeder cattle sold at unevenly 500 higher to 50 lower prices. Barrows and gilts
declined 25-50# at Spokane but sold steady to 500 higher at other markets. Slaugh-
ter lambs closed steady to 250 higher.
Choice Sleauhhter steers sold at western terminals from i18.00-20,50 a few
loads up to s21. 0 at, LDnvw.r, bulk Good steers 165.00-18.00, Commercial $14.00-16,00;
Continued on page 40.






RECEIPTS, SALABLE AND TOTAl OF LIVESTOCK AT PUBLIC STOCKYARDS
Month of December


TCat.fl P


Calves


- - -- -- --- -- -
: Salable Total : Salable : Total
: 1955 : 1954 19E5 _: 1954 _19[5 1954 : 1955 : 1954
I--- L =


Chicago 182,147
Cincinnati 16,471
Denver 53,140
Fort Worth 33,768
Indianapolis 33,635
Kansas City 99,276
Oklahoma City 45,874
Omaha 163,049
St. Joseph 60,307
St. Louis 'jSl 72,028
Sioux City 105,450
S. St. Paul 97 ,013


TP%+ a1


188,746
17,706
61,518
41,969
38,603
86,392
46,574
167,734
62,635
67,718
.103,073
98,309


962,158


190,577
21,650
77,643
47,150
34,346
118,811
52,310
166,610
62,412
79,343
110,972
101 806_
L,03,630


190,834
22,109
74,930
57,115
38,895
107,618
49., 97 8
172,665
63,894
75,315
106,905
101,997


4,702 6,125
3,510 4,033
5,980 5,419
8,732 15,353
4,317 6,106
6,628 10,796
4,792 9,995
6,724 8,016
4,896 5,112
15,056 17,304
11,827 9,384
55,308 57,372
132,472


8,345
3,647
7,355
13,251
4,317
13,775
5,386
7,279
5,788
18,242
13,552

158,323


7,128
4,480
7,158
21,782
6,106
23,423
12,592
8,343
5,570
26,702
10,355
_59222 -


- ------ -980 977- 1 0 .62 255 155 155 193 ,561


Hoegs


Sheep


--- -< -...


Chicago
Cincinnati
Denver
Fort Worth
Indianapolis
Kansas City
Oklahoma City
Omaha
St. Joseph
St. Louis NS]
Sioux City
S. St. Paul

Total


355,426
67,281
15,703
5,813
201,318
49,651
S 7,144
322,098
177,477
Y 286,341
285,686
409,292
2,183,230


305,371
52,623
21,722
6,911
188,929
40,033
10,601
259,635
142,252
221,083
251,468
307 ,292

1,808 120


403,527
79,346
73,459
83,466
201,318
65,495
94,898
433,285
233,693
354,670
311,067
430 9 68
?,765,192


379,137
63,592
75,390
52,215
188,929
43,195
75,545
338,988
196,683
271,961
264,041
341 224


2,290,900


57,522
3,694
42,333
24,193
LE,439
23,406
9,594
43,398
29,831
35,170
44,046
82, 0o57
413,5383


60,548
4,364
37,422
32,255
22,199
26,245
8,715
55,641
34,201
32,215
49,312
77, 341-


62,656
4,389
63,977
36,725
18,561
27,535
11,081
57,324
51,498
44,128
51,396
929,018
528,288


64,814
5,103
57,095
47,543
23,063
43,232
10,042
66,513
63,509
38,335
55,470
892,123.


a440458 63842


INTERIOR IOWA AND SOUTHERN MINNESOTA


Hogs
December 1955 2,194,500
December 1954 1,780,000


Sheep
144,600
145,300


Market






R:'EIFTS, SALAELE AND TOTAL, OF LIVESTOCK AT i' DLIC.STOCKYARDS
Calendar year


Market


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

Total


Cattle


: Salable
1 1955 _:_ 1954


2259918
229106
859862
624724
441564
1169725
701298
2225071
782230
900773
1319327
1181983
12695681


2246200
232516
865662
687053
469841
1206611
77 5777
2187782
746709
971156
1344591
1169766


12923664


Calves.


I .Total
: 1955: 1954


< 23166319
285636
1032211
818075
451372
1593567
760347
2315530
799372
1079076
1386178
1248915
14086918


2271247
290008
1027439
894631
4975114
1603223
833818
2261048
775979
1142267
1404098
1209791

14211063


;: Salable
t 1955 : 1954


87727
60009
78950
166374:
68186
115626
91684
99936
61599
216078
95444
513501
1655114


111684
62750
97484
194036
82675
161653
129589
139470
76428
276822
108953
502894


1944438


T -Total
t 1955 : 1954
124501 112694
65449 71875:8
111604 135562
222600 275166
68551 83196
258803 342698
112003 161553
1203E9 160005


75060
302304
115097
537278
2116559


86541
411067
127197
525650

2^93204


Percent of inc.
or decrease


-1. 8


0
------ -----


-0.9


Hogs


-14.9 -15.1

Sheep
4


Chicago
Cincinnati
Denver
Fort Worth


Indianapolis
Kansas City
Oklahoma City
Omaha
St. Joseph
St. Louis NSY
Sioux City
3. St. Paul

Total 1

Percent of inc.


2740957
789152
159224
118217
2443020
175540
158353
2348675
1366782
2531899
1888F86
3008125
8028530


2197282
696862
174036
92117
2154277
442585
125210
1845549
1108939
2208200
1650480
2399727


3291462
841729
602125
651728
2443020
591293
621856
3375819
1732346
2936350
2078237
3309631
22475596


2978817
735659
601762
507942
2154277
519797
605240
2386149
1408988
2628408
1807371
2642162


524079
67932
1018294
863026
165347
382774
122599
75F521
275190
3C6268
421338
609663
55615031


454637
72005
953290
871587
204747
342519
1214160
735537
271553
312892
424616
593650


642968
93047
1481091
1137095
171021
780508
207146
952402
614091
632298
561432
827232
8100331


473744
86603
1566569
1083198
214083
748459
199268
968347
685042
610199
624182
755195


15095264 18974572 5358493 8014889


or decrease +19.4 +18.5 +2.9 +1.1
--------- ---- Ic- -- -- ~~~- ---- -" """


INTERIOR IOWA AND SOUTHER" MINNESOTA


Year 1955.


17,33Hogs6,000
. 17,336,000


Year 1954. 14,243,000


Sheep
1,604,100
1,592,400




26 WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
-------------------------------------------------------------------------------
Cattle Calves Hogs op Shp
Market Jan. Jan, Jan. : Jan. Jan, Jan, Jan. : an.
Me 7 8 7 8 7 8 7 8
1956 1955 1956 1955 : 1956 1955 1956 : 1955
.----.--- .---------------.l---- ......--.----.. ..--.----------. -------------- ---- j--.---- ......
Chicago--...------- 40733 38,291 1, 377 1,542 68,322 65,945 11,896 14,641
Cincinnati........ 3,861 5,031 1,112 1,221 16,306 12,859 724 666
Denver............. 10,840 14,714 '808 1,265 3,111 5,378 11,309 11, 583
Fort Worth...-...... 7,693 11,342- 2,379 4,351 2,120 2,241 8,029 13 958
Indianapolis....---.. 8,191 9 408 1,122 1,550 47,301 44,224 3,681 5 119
Kansas City-------. 21,012 17,591 1,271 1,093 9,508 10,390 5,071 8,009
Oklahoma City...... 10,165 13 ,517 905 2,459 2,409 3,402 2,078 2 888
Omaha.............. 39,364 35,952 810 701 64,739 62,847 9,670 15,965
St. Joseph -........ 14,061 12,608 887 836 31,658 27,561 5,705 4,066
St. Louis NSY. --... 16,261 16,330 3,784 4,859 55,888 51,237 8,581 7 976
Sioux City....----- 25,329 22,727 1,4A3 1,656 59,26'9 57,271 9,087 11,925
S. St. Paul ........ 21,951 21,472 14,115 13,623 89,879 56,327 15.843 15,645


Total.......-..----..19,461


218,983 29,813 36,156 450,510 399,682


91,674 112,441


Dec. 31 1955 186,436 18,682 432,894 89,257
------- ---,, ,-- ------ -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -
INTERIOR IOWA AND SOUTHERN MINNESOTA
Week ended: Hogs Sheep
Jan. 7, 1956 ............... 456,500 32,300
Dec. 31, 1955 ................ 417,000 -31,200
Jan. 8, 1955 ---.--------- 408,000 37,200
FEEDER AND STOCKER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
-------------------------------------- -1Wended ...... ....-.-- t---
Week ended Month Six Months
J an, 5 Dec. 29 Jan, 6 De ., Dec. July. Dec.
1956 1955 1955 1955 1954 1955 ; 1954
Steer 6 1001 -up'' 187" w- 6S 2 --Pl -3--
901.1000 816 885 1,510 7,296 7,240 44,506 44,636
801.900 2,567 1,775 2,960 16,377 16,641 96,543 104,540
701-800 2,777 1,531 2,977 18,445 18,036 165,797 170,277
501-700 4,208 2,701 6,106 31,876 40,166. 347,402 381,136


Total steers 10 mkts. 10,555 7,124 14,185 76,504 84,442 673,084 716,919
Av. wts. "" 735# 755f 738# 740 722F 711# 706f
Av.cost*" $15,96 $14.94 $18.96 $15.42 $18.38 $17.30 $18.19
" "Chicago 16.68 15.72 .19.50 16.18 19,14 18.14 19.17
" Ks.City 16.93 15.66 19.54 15.89 19.23 17.52 18.38
Omaha 15.68 15.17 18.99 15.35 18.24 17.70 18.94
S. St. Poul 13.93 13.43 16,76 14.12 16.64 15.71 16.25
Sioux City 15.65 14.37 19.61 15.32 19,08 17.45 18.75
"Denver 16.27 15,56 21.19 15.67 20.35 18.16 19.80
Ft. Worth 16.44 15.28 17.90 15.63 17.04 17.12 16.43
"Okla. City 16,03 15,33 17.66 15.30 17,05 16.14 15.49
S. St. Joseph 16,02 16.00 17.98 15,29 18.09 16.62 17.27
Natl. Stk. Yds. 15.39 15.28 18.34 15.39 17.51 16.80 1/16.60
Total calves-l mkts. 4,733 3,274 6,446 43,440 57,838 368,856 480,327
COws.
heifers, bulls-"" 2,325 1,874 4,334 21,521 27,704 202,981 228,336
Not adjusted for differences in grade of cattle sold at each market.
i/ Five months Aug.-Dec,


- - -- -


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





BEEF STEEPS SOLD OUT OF FIRST HANDS FOR SLAUGHTER c, (
-- - -- - I - -
Percent of A ht Average price
y ,ge I Average weight ,
SNumber of head total pounds) in dollars
-------by grades per 100 ......
Grade -------" -- <.--- -Cek-- -nded..--- ----.--..-------
Jan. Dec, Jan., Jan.: Dec., Jan. Jan Dec Jan Jan.: Dec Jan.
5 29 6 5 29 6 5: 29: 6 5 29 6
1956: 1955 1955, 1956: 1955 155 1956 1955: 1955 1956 1955 1955
---------- ---- -------------------------------- ------ -------------- -------
CHICAGO


(
U


Prime
Choice
Good
:om'l.
Utility


All grades

Prime
Choice
Good
Com'l.
Utility
All grades

Prime
Choice
Good
Com'i.
Utility
All grades

Prime
Choice
Good'
Com'l.
Utility
All grades

Prime
Choice
Good
Com'l.
Utility
All grades

Prime
Choice
Good
Coal.
Utility
All grades


6197 6804 2665 27.0 -8.2 12.8 1221 1227 1154 22,28 21.72 31.41
11874 13245 11507 51.9 54.8 55.2 1144 1143 1116 20.51 20,08 26.86
4225 3568 5660 18,5 14.8 27.1 1041 1084 1042 17.89 17,44 23.09
501 488 793 2.2 2.0 3.8 956 1017 934 15.10 14.57 18.17
95 48 226 .4 .2 1.1 980 968 892 13.04 12.34 14,88
.22892 24153 20851 j243. 1155 1091 Z046.20.0926..11
..- ....' .... ..................... ....... ;.4 _..5--o-. .-.'-.-o.o..- 26..
OMAHA 1/
-------~ ------- ,------- -------- ,,,,,,---,--- W e ----- --------------.--------------
478 1151 431 3.1 7.0 3.4 1208 1151 1148 21.58 21.58 29.90
10124 11758 7204 65.9 71,5 57.3 1143 1143 1134 19.70 19.50 25.56
3634 2827 4457 23.7 17.2 35.5 1089 1085 1042 17.22 16.79 21.84
904 615 325 5,9 3.8 2.6 109A 1030 928 14.51 14.12 17.33
219 85 146 1.4 .5 1,2 947 921 847 12.42 11.60 14.22
15359 16436 12563 1127 1128 1093 18.81 18.98 24.18

1130 780 358 14.3 9.6 5.9 1201 1204 1179 21.46 21.35 29.75
3733 4936 2943 47.1 60.7 48.7 1124 1175 1108 19.85 19.59 26.21
2570 2165 2391 32.4 26,6 39.6 1046 1073 1077 17.94 17.34 22.74
449 226 243 5,7 2.8 4.0 970 1058 986 15,01 14.47 18.05
42 24 107 .5 .3 1.8 933 996 899 11.88 11.71 14.60
..7. 2A.. 81.31. 6042 .............. 110. 1,47 0 1.7.9_9...~2 4..94 .1 .20 44.2c 2
.- .... KANSAS CITY 1/.. ........................
CIL--------~-- ------- -- -----SC-:!~~-----------------------------~---------------------
171 -- 113 2.2 -- 2.2 1140 -- 1197 21.32 -- 28.87
3360 3565 3638 44.1 38,9 72,0 1146 1110 1099 19.50 18.90 24.85
3710 4592 1214 48.7 50.2 24,0 1093 1102 1038 16.94 16.93 21.00
300 896 76 3.9 9.8 1.5 1034 1103 962 14.64 14.18 17.76
81 100 13 1.1 1.1 .3 1010 1011 1015 12.43 11.79 14.48
7..22 9153 5054 1114 1100 1084 18,07 37.38 .3.94
ST. LOUIS NSY 1/
-- -~- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -
63 20 39 1.2 .4 1.2 1094 1109 13.11 22.33 22.25 28.84
1061 701 851 20.0 15.5 24.7 1062 1073 1054 19.56 19.43 25.16
2940 2563 2088 55.4 56.9 60.5 1053 1053 1012 17,44 16.85 21.67
1170 1136 408 22.0 25.2 11.8 971 998 93115.31 14.68 17,75
72 88 63 1,4 2.0 1,8 862 935 921 12.46 12.43 15.40
5306 4508 3449 1035 1040 1012 17.44 16.69 22.12
- ------- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -
S. ST. JOSEPH I/
--------------- ---- ------------------- -------------------
7 62 40 .1 .9 .9 971 1144 1118 22.66 22,00 29.40
3402 3536 1865 55.0 51.2 42.2 1126 1131 1092 19.37 19.42 24,73
2249 2266 2233 36.3 32.8 50.5 1071 1114 1022 16.71 16.65 20.94
489 982 236 7,9 14.2 5.4 1024 1080 969 14.70 14,07 17.12
45 62 45 .7 .9 1.0 806 908 853 11.90 11.40 14.49
6192 6908 4419 1095 1116 1048 18.05 17.74 22.45
Continued.






BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER
1: Percent of w Average price
: Number of head total average weight in dollars
-K-: s--_ b_ __ygrad3s _: (: p s -erd 100 tb.
: Month and Year
SDec. : Dec. : Year :Dec.sDec.:YeartDec.:Dec.:Year: Dec.: Dec.s Year
: 1955_:_ 1954 1955_:l955l954:19 19551 :19541955: 1955: 1954: 19F.5


Prime 33311
Choice 63482
Good 16383
Com'l. 3665
Utility 577
All grades 117418

Prime 4514
Choice 44248
Good 12922
Com'l. 3613
Utility 601
All grades 65898

Prime 2942
Choice 20324
Good 10003
Com'l. 1069
Utility 178
All grades 34516

Prime 403
Choice 10103
Good 16195
Com'l. 4866
Utility 207
All grades 31774

Prime 28
Choice 3934
Good 9126
Com'l. 6512
Utility 702
All grades 20302

Prime 236
Choice 12310
Good 8182
Com'l. 3880
Utility 297
All grades 24905


21400
64764
23596
2917
696
113373

3067
38031
21642
1841
328
64909

2488
16751
10821
1058
158
31276

803
12243
10273
962
19
24300

79
4429
8291
1580
286
14665

115
13239
11733
1740
161
26988


228988
778876
320055
53345
9024
1390288

30346
528960
249720
45282
9414
863722


CHICAGO
28.4 18.9
54.1 57.1
13.9 20,8
3.1 2.6
.5 ,6


6.9 4.7
67.1 58.6
19.6 33.4
5.5 2.8
.9 .5


SIOUX CITY
20507 8.5 7.9
261789 58.9 53.6
154863 29.0 34.6
20469 .3.1 3.4
4158 .5 .5
461786
KANSAS CITY


7099
122911
117407
22255
2139
271811
ST.
2792
71410
110077
49734
12475
246488
S.


2052
150521
122812
30613
3487
309485


1,3
31.8
51.0
15.3
.6


3.3
50,4
42.3
4.0
0


16.5 1244
56.0 1130
23,0 1052
3.8 963
.7 938
1145

3.5 1200
61.2 1136
28.9 1055
5.3 1016
1,1 958
1116

4.4 1236
56.7 1168
33,6 1066
4.4 1044
.9 954
1139

2.6 1186
45.2 1113
43.2 1077
8.2 1038
.8 983
1083


LOUIS NSY 1.
.1 ,4 .1.1 1106
19,4 30.2 29.0 1064
45.0 56.5 44.6 1045
32.1 11,0 20.2 1025
3.4 1.9 5.1 965
1039
ST. JOSEPH ,
,9 .4 ,7 1116
49.4 49.1 48.6 1108
32.9 43.5 39.7 1077
15.6 6.4 9.9 1048
1.2 .6 1.1 918
1086


1149 1226
1100 1134
1030 1016
931 952
870 906
1089 1114

1150 1216
1102 1108
1044 1014
981 958
910 908
1081 1075

1169 1198
1083 1125
1072 1048
962 986
S942 990
1081 1095

1178 1158
1101 1110
1029 1039
988 996
968 953
1068 1070

1021 1069
1032 1051
986 985
943 908
872 840
993 982


21.92
20.35
17.59
14.69
12.14
20.30

21.37
19.60
16.81
14.06
11.32
18.87

21.09
19.85
17.62
14.57
12.18
19.18

21.63
19.04
17.01
14.74
11.86
17.37

22.46
19.98
17.07
15.05
12.41
16.86


1214 1118 21.94
1091 1107 19.26
1028 1033 16.41
985 1018 14.15
941 915 11.28
1056 1066 17.51


29.69
26.53
22.94
18.13
14.53
26.21

28.65
25.35
22.07
17.51
14.27
24.21


23.62
23.16
21.14
17.62
14.79
22.59

22.82
22.16
20.38
17.11
14.61
21.39


28.38 22.89


25.35
22.31
18.45
15.27
24.32

27.94
25.12
22.15
18.26
15.33
23.75

28.63
24.72
21.76
18.41
15.51
22.28

27.33
24.85
21.66
17.72
14.66
23.03


22.07
20.58
17.52
15.04
21.39

23.41
22.40
19.80
16.32
14.42
20.82

23.54
22.16
20.40
17.48
14.76
20.20

23.62
22.18
19.92
16.39
13.76
20.70


Continued.


Grade






BTEF STEERS SOLD OUT OF FIRST HAI1DS FOR SLAUGHTER '
; Percent of : Average price,
: Nunmbr of head : total : Average weight in dollars
: :---- by grades : (pounds) _a er 100 lb.
: Week ended
:Jan.: Dec.: Jan.:an.:n. Dec.: Jan.: Jan.: Dec.: Jan.: Jan.: Dec. Jan.
: : 29 : 6 : 5 t 29 : 6: 5 29 : 6 : 5 : 29 : 6
: 1956: 1955: 19".: 19F6: 19F5: 1955: 19F6: 1955: 1955: 1956: 1955: 1955
DENVER l


Prime
Choice
Good
Som'1.
Utility
All grades
Grade


Prime
Choice
3ood

Dom'l.
Utility
All grades


254
2277
987
14


295
2222
1568
91


6
1927
1059
11


7.2
64.5
27.9
,A4


7.0
53.1
37.5
2.2


.2
64.0
35.2
.4


9 8 .2 .2
3532 4185 3011
: Dec.: Dec.: Year: Dec.: Dec.: Year:
: 1955: 1954: 1955: 1955: 1954_ 195 5:
DENVER l/
551 309 1884 3.8 1.8 ,9
7797 12467 165840 54.0 71.2 75.0
5771 4381 49654 39.9 25,0 22.5
313 321 3393 2.2 1.8 1,5
9 24 271 .1 .2 .1


14441


17502


221042


1167
1131
1146
1195

1138
Dec.:
1955:

1150
1109
1106
1103
849
1109


-/ Those summaries developed from data collected on
by the Agricultural Estimates Division.


1135
1131
1124
1103
849
1127
Dec. :
1954:


919 22.98 22.90 27.00
1088 20.14 19.89 25.60
1069 17.98 17.70 23.95
934 15.00 14.41 20.00
1109 -- 13.00 14.00
1081 19.72 19.16 24.98
Year: Dec.: 'Dec.: Year
1955: 1955: 1954: 1955


1093 1156 22.77
1082 1098 20,25
1072 1047 17.51
992 1014 14.75
1120 892 13.00
1078 1085 19.53
marketing of fed


27.06 23.74
25.38 23.10
23.60 21.07
19.23 16.30
15.11 13.27
24.85 22.56
cattle


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION


Beef


1956
1955
1955-/
1955


Ve


*-----.------
: Num- Prod. : Num-s
:ber _: ber :
1.000 mil.lb. 1000


342
305
317
356


Percentage change from%
Dec. 31, 1955 +12
Jan. 8, 1955 4


187.4
167,8
175.3
189.9


141
102
135
149


+12 +38
-1 5


S: Pork : Lamb :Ttl:Total
al Total Total
a -oxcl.lardl andMutton:meat ard
Prod. : Num-: Prod. um- Prod. :prod.:prod.
: ber: t ber :
mil.lb. 1000 mil.1 b. 1,000 mil.1b.mil.lbmil.1b.
16.1 1,A35 190.3 267 12.8 406.6 51.4
11.3 1,307 173.3 248 11.4 363.8 46.4
15.1 1,538 206.2 216 9.9 406,5 55.8
17.8 1,327 186.5 279 13.3 407.5 50,0


+42
-10


+10
+ 8


+10
+2


+8 +12 +12 +11
-4 -4 0 +3


Week


Cattle


ended
a Live :Dressed


Jan. 7, 1956
Dec. 31, 1955
Dec. 24, 1955
Jan. 8, 1955


1005
1000
1000
980


548
550
553
533


Average weight .lb-. ----- ILard
S Calves Hogs Sheep : yield
L/ 1 and Lambs : per
: Live :Dressed: Live :Dressed: Live tDressed:100 lb.


210
205
205
219


114
111
112
119


241
239
239
250


133
133
134
141


100
99
98
100


48
46
a6
48


14.9
14.9
15.3
15.1


1/ Actual slaughter and revised estimate of production.


Grade


Week
ended


Jan.
Dec.
Dec.
Jan.


V.
31,
24,
8,


I


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


------~-~""-I-
,,,,,-,,~---,,
::
-"-----


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CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS o..
In dollars per 100 pounds
--------------------------------- ------------------------ -------------
.,-------------------------------------
Chicago Kansas City Omaha
I
.. .. ..--------------- -. ....... ............--. ...-- --- -
Classification Jan. Dec. Jan. Jan. Dec. Jan. :Jan. Dee. Jan.
7 31 8 7 31 8 7 31 8
1956 1955 1955 : 1956 : 1955 1955 : 1956 1955 : 1955
----------------------------------------- 5 --- ------...........................
Slaughter cattle, calves and dealers
Steers -


Prime 900-11001
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

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


23.53
23,C3
21,44
20,44
17.97
14.94


20.19
16.94
13.75

12.50
11.28
9,91

13.19
15.32

28.00
22.50

19,00
14.50


22,97
22.38
20.59
19.69
17.22
14.44


20.03
16.84
13.50

11.90
10.81
9.56

12.62
15.02

26.88
21.12

18.50
14.38


30,95
31.65
27.65
27.45
22.62
18.22


25.42
21.15
16.68

12,50
11.10
9.60

13.25
15.25

26.40
20.70

21.10
15.90


: 22.12
a 21.75
: 19.75
1 19.50
a 16.88
a 14.50


: 19.38
s 16.50
t 13.94

: 12.50
: 11.50
:10.00


21.88
21.38
19.38
19.00
16.38
13.75


18.94
15.94
13.25

12.00
10.88
9.59


12,74 12.38
: 12.74 12.38


: 22.00
i 17.50

: 17.00
: 14.50


21.38
17.12

16.00
13.50


29.15
29.40
25.45
25.48
20.72
17.12


23.25
18.68
14.55

12.12
10.62
9.00


: 22.31
: 22.22
: 20.06
: 19.63
:17.19
:14.66


: 19.47
S16,47
: 13.69

S12.13
: 10.81
: 9.50


-- : 13.13
12.45 : 13.62


21.60
16.40

18.10
14.45


:18.50
: 14.50

:16.00
S13.00


21.94 30.20
21.81 30.98
19.56 26.85
19.18 .26.80
16.72 .21.38
13,04 17.30


19.18 24.38
16.06 20.08
13.06 .15.50

12.00 11.92
10.72 10.30
0.44 8.62

12.75 12.20
13.12 .13.35

18.50 18.40
14.50" 14.50

16.00 .17.45
13. 00 -13.75


Feeder and stocker cattle and calves


19.95
17.50
14.75


19.88
17.50
14.38


22.05
19.75
16.75


: 19.00
: 17.25
: 15.00


18,50
16.62
14.50


21.50
19.25
16.75


17.25 17.25 18.50 : 16.19 15.75 18.25
1.00 13.75 15.25 t 13.69 13.00 15.00


: 19.00
S17.00
S14.50

S16.25
i 13.12


-- : 10.22 9.75 10.62 t 10.25


20.50 20.38 21.60 : 19.50 19.25 20.50 : 20.12

17.25 17.25 18.25 : 16.50 16.00 17.25 :16.75


18.75 .21.88
17.00- 10.75
14.50: 16.62

16.25 17.75
12.88-- 14.12

9.88 10.38


20.12. 21.75

16.75 17.38


rlll- llll- l------------------ll------------------ -------------


--





SC HOGS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
Interior Iowa and
Chicago southern Minnesota Indianapolis
-- -- -- -- -- -j.------------------------------------------------------------------------I-
Classiication Jan. Dec. Jan. Jan. Dec. 'Jan. : Jan. Dec. Jan.
7 31 8 7 31 8 7 31 8
-----..........1956 19.55 1955 1956, 195F 1955 1956 1955 19
******--- ------ -- : -*.- = .*. ---*---- -------... .. .. me e------. .
Barrows and gilts --
U.S.No.1 160-180# 11.25 11.41 17.72 1 8.90 9.02 15.65 : 11.44 11.56 18.10
2 and 3 180-200 11,78 11.88 18.02 a 10.40 10.44 16.90 : 12.03 12.12 18.38
200-220 11,74 11.79 17.90 : 10.72 10.76 17.15 : 11.91 12.09 18.35
220-240 11.44 11.53 17.55 : 10.33 10.46 16.75 : 11.56 11.75 17.82
240-270 10.56 10.75 16.60 a 9,78 9.92 16.02 : 10.94 11.16 17.00
270-300 10,16 10.31 16.18 a 9.22 9.31 15.24 : 10.16 10.31 16.10
Sows --
300-330# 9,69 9.75 15.68 t 8.98 9.02 15.02 i 9.25 9.38 15.22
360-400. 9.28 9.34 15.25 : 8.38 8.40 14.12 : 8.91 9.12 14.80
450-550 8.66 8.81 14.22 : 7.75 7.77 12.98 7 7.88 8.09 14.12
Pigs Stockerr and feeder)-
Gd. & Ch. 70-120f -- -- -- -- -- --
-. m --- ------------ --- ---- ----- ---- ---- -- ---- -- -------------
St. Louis
Omaha ,ous Sioux City
O,, National Stock Yards
------------------------------------------------------------------------
Barrows and gilts -
U.S.No.1 160-180# 10.38 10.22 -- 11.72 11.59.18.21 --
2 and 3 180-200 11.19 11.09 17.78 a 12.15 12.00 18.26 a 11.28 11.09
200-220 11.19 11.09 17.78 12,06 11.91 18.14 : 11.28 11.09 17.32
220-240 11.19 11.09 17.52 a 11.78 11.62 17.75 : 11.16 11.00 17.20
240-270 10.53 10.40 16.75 : 11.16 11.08 17.00 a 10.44 10.50 16.42
270-300 10.12 9.88 15.65 : 10.42 10.14 16,25 a 9.75 9.88 15.65
Sows -
300-330# 9,16 9.22 15.30 : 9.32 8.97 15.70 a 9.28 9.03 15.45
360-400 9.16 9.22 15.30 a 8,95 8.59 15.32 : 8.81 8.66 15.12
450-550 8.60 8.56 14.30 : 8.12 8.19 14.45 : 8.09 7.78 14.18
Pigs Stockerr & feeder)-
Gd. & Ch. 70-120# -- -- -- -- --
---------------------------------------------------------------------
S. St. Paul Baltimore N. Portland
- ---- --- ---- -M---r----- ----- ---------------- --R f -w -------,-w -* ---- ------ --- -- -- --------I *- *------
Barrows and gilts -
U.S.No.1 160-180# 10.69 10.56 17.78 : 12,71 12.62 19.22 a 12.50 12.17 19.50
2 and 3 180-200 11.31 11.31 17.78 A 12,97 13.25 19.22 a 12.83 12.50 19.84
200-220 11.31 11.22 17,65 a 12.97 13.25 19.22 a 12.83 12.50 19.84
220-240 11.03 10.88 17.12 a 12,71 13.00 18.81 : 12.67 12.25 19.62
240-270 10.28 10.22 16.40 t 12,25 12.56 18.06 : 11.92 11.38 18.69
270-300 -- 15.60 ; 11.44 11,50 17.19 : 11.62 11.08 18.0O
Sows -
300-330# 8.56 8.50 15.62 : 9.66 9.75 16.00 : 10.75 10.83 17.31
360-400 8.44 8.25 15.12 a 9.62 9.75 16.00 : 10.25 10.42 16.75
450-550 7.91 7.72 14.22 a 8,38 8.50 14.00 a 9.88 9.67 16.00
Pigs Stockerr & feeder)-
Gd.&Ch. 70-120# 8.50 8.50 18.58 -- -





HOGS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES
--------------------------------.....................................---------........... .................... -........................ ----------------------------------
Louis Kan- S. S. 8-
Chi- Natl. sas Omaha Sioux St. St. Indian- mkts.
Week ended cago Stock City City Joseph Paul apolis com-
Yards : bined
-- ------------------------------------- -------- ------------------J -- -- --------
AVERAGE COST Dollars per 100 pounds
Barrows Jan. 7,1958 10.85 11.36 11.05 10.83 10.68 11.17 10.37 11.34 10.88
and Dec. 31,1955 11.06 11.39 11.01 10.78 10.71 10.86 10.33 11.50 10.90
gilts Jan. 8,1955 16.84 17.57 16.90 16.57 16,25.16.93 16,74 17.40 16.85
Jan. 7,1956 8,87 8.69 8.61 8.87 8.61 9.02 8,34 8.09 8.65
Sows Dec. 31,1955 9.00 8.40 8.52 8.78 8,29 8.76 8.21 8.21 8.51
Jan. 8 1955 .14_.74. 14,8 0. .14...4.. 1.462. .14.A3.. IA .. .14M _.36 .. 4.
-------------- lk 24- .
AVERAGE WEIGHT Pounds
Barrows Jan. 7,1956 242 230 231 233 234 223 223 230 231
and Dec. 31,1955 238 228 228 231 230 224 224' 232 230
gilts Jan. 8,1955 248 229 241 251 253 241 235 236 243
Jan. 7,1956 444 438 446 413 412 404 425 477 434
Sows Dec. 31,1955 442 430 422 416 413 404 424 466 430
Jan. 8 1955 447 436 462 446 446 428 439 478 448.
NUMBER OF HEAD -
Barrows Jan. 7,1956 56804 48273 8602 57585 54333 28312 74881 42754 371544
and Dec. 31,1955 57082 52593 9246 52242 52338 26906 76262 40017 366686
gilts Jan._ 8,1955 57298. 45131.. 9656. 5 5._ 5184.. 54.._ _64A3 Q4 33 57.4.
Jan, 7,1956 6847 3399 647 4858 1866 2178 4439 3467 27701
Sows Dec. 31,1955 6125 3249 675 4055 2283 1792 4582 2892 25653
Jan8,... 8, 955. 3961 2534 399 3078 ._2206 .. 1122... 2413 2973. 18686
SOWS Percentage of total
Jan. 7,1956 11 7 7 8 3 7 6 8 7
Dec. 31,1955 10 6 7 7 4 6 6 7 7
--Jan.. 8.1955 6 5 4 5 4 4 5 7 5
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG. COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
--------------------I--------------------,------------------- ;' -------- -j.---------
.. 1 .. G [ ,ross spread
Hog products 1/ Hog prices 2/ : or s rgi 3/
Hog or margin 3/
Jan. 7, 1956" 15.02 "11.78 43.24
Dec. 31, 1955 14.63 11.88 + 2.75 ,
Jan. 8, 1955 19.72 18.02 + 1.70
I- 1 ------ --- -- -- -- -- -- -- -- -- --- -- -- -- -- -- -- -- -- --
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. 17 Hog-corn
Week ended gilts No. 3, yellow price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
-- -- -- - - -I- - -
Jan. 7, 1956 10.85 126.0 8.6
Dec. 31, 1955 11.06 125.3 8.8
Jan. 8, 1955 16.84 155.1 10.9
i/ Simple average price.


I~ _






HOGS: AVERAGE


Month and year


AVERAGE COST -


Barrows
and
gilts


Sows


AVERAGE


Dec. 1955
Dec. 1954
Year 1955
Year 1954
Dec. 1955
Dec. 1954
Year 1955
Year 1954
WEIGHT -


COST, WEIGHT AND NUMBER OF PACKER A.D SHIPP
S : St. i i :
: Chi- Louis s Kan- i : .Si : S.
Scago :Natl. : sas : Omahat ciy St.
I :Stock i City i : Joseph:


3 :Yards : : : :
--- ---- ---- --_-_-_--- %.


ER PURCHASES ]j


S.
St.
Paul


: 8-
:Indian! mkts.
apolis com-
b kiAne


Dollars per 100 pounds


10.73
17.30
15.16
22.13
8.78
14,76
13.64
- 18.7g.


Barrows Dec. 1955
and Dec. 1954
gilts Year 1955
Year 1954
Dec. 1955
Sows Dec. 1954
Year 1955
Year 1954
IIUMBER OF HEAD (in tl


Barrows
and
gilts


Sows


SOwS


Dec, 1955
Dec. 1954
Year 1955
Year 1954
Dec. 1955
Dec. 1954
Year 1955
Year 1954


234
243
235
238


11.28
17.95
15.81
22,89
8.47
14.93
13.23
_1k.97_

226
229
219
223


436 430
443 428
402 402
400 409
thousands) -


288
254
2,096
1,690
34
21
386
.313


252
199
2,226
1 916
18
13
164
145


10.72
17.43
15.59
22.74
8.58
14.61
13.19
18.44


10.46
17.05
14.72
21.77
8.54
14,68
13,70
_- .27


Pounds


228
234
224
227
415
436
407
406


44


228
240
231
236
412
429
376
376


286


36 235
426 1,882
393 _14-52
4 23
2 16
31 350
28 302


10.35
16,81
14.40
21.77
8.22
14.45
13.75
18J7E

228
242
234
242
408
430
367
375

260
227
1,515
1,310
12
12
243
241


Percentage of total


Dec.
Dec.
Year
Year
l/ Weighted


1955 11 7 7 8
1954 8 6 5 7
1955 16 7 7 16
1954 16 7 7 17
average,


14
16


10.72
17.42
15.25
22.31
8.76
14.85
13.58
Ja.292.

224
232
223
226
398
420
375
374

161
131
1,210
974
11
7
127
105

6
5
10
10


10.24
17.20
14.71
21,79
8.18
14.52
13.55
.181i .

223
229
223
225
413
418
366
367

358
274
2,396
1,891.
23
15
395
339

6
5
14
15


11.29
17.91
16.00
22.80
7.87
14.36
13.00


231
233
222
224
463
467
439
438


10.67
17.33
15.19
22.25
8.44
14.64
13.52
18,75

228
236
226
230
425
435
387
388


180 1,829
170 1,527
2,167 13,917
1g932_11,5_57
16 141
15 101
198 1,894
174 1,648


7-
6
12
12


8
8


AVERAGE WHOLESALE VALUE CF HOG PRODUCTS DERIVED
FROM 100 LB. _IVE HOGO COMPARED WITH PRICES OF L' FOC2S, CHICAGO
Month nd Hog products f/ Hog prices 2 r/ :r.s. sprer-
-ear :or Tm;.iinA _


Dec, 1955 $14,50 t11.69 +$2.81
Dec. 1954 20.14 18.58 + 1.56
Year 1955 18.28 16,40 + 1.88
Year 1954 25.03 23.41 + 1.62
I- Value of all edible products,fresh basis (lard rendered)in
100 lb. of live hog computed 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 lb. wt. Chicago,
3/ Difference between wholesale product value and hog prices.













LAMBS -
Choice
Prime


ll0(
and


Good and Ja:
Choice De
Ja
EWES (WOOLED) -
Good and Ja:
Choice De
Ja:
-Cull and Ja
Utility De
Ja:
FEEDER LAIIBS -


Good and Jan.
Choice Dec.
Jan.
*Shorn basis.


SHEEP AMD LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
Sa :Ogden
a a :Kansas t Fort t North
Chicago Omaha Kansas Fort Denver North
1 : s City : Worth : ;Salt


Cit Wa


wn (WOOLED) -
n. 7, 1956 18.75
c. 31, 1955 18.53
n. 8, 1955 20.79
n. 7, 1956 18.12
c. 31, 195F 17.78
. 8, 1955 19.62

n. 7, 1956 6.12
c, 31, 1955 6.12
n._ 8, 1955 6.50
n. 7, 1956 4,75
c. 31, 1955 4,75
n. 8, 1955 5.45


7,
31,
8,


1956
1955
19F5


2 -


18.75 18.44
18.44 18.44
20.48 19,75
17,50 17.44
17.44 17.50
19.45 19.02

4.38 4.62
4.38 4.62
5.65 6.25
3.50 3.62
3.50 3.62
4.50 5.00


-- 16,88
-- 16.62
-- 18.75


15.70 16.


-- 19,


16,75
16,65
18,40*


20,
18.


&:South
ISan
:Fran-


:Lake :_cisco _


50 -- 19.25
-- 17.12 19,25
40 -- 21.00
88 16,50 --


18.56
19.52


16.12
18.65


7,03 6,00
-- 6.75 6.00
-- 8.25 --
-- 5.25 3.75
-- 5.00 3.50
-- 6.12 --


17,50
-- 17.50
25 18.50


m-
20,00


--

6.50
4.50

4,50
4.50


14.50
14.50
-- 15.00


HOG AND COR

Month
and
Year
Dec. 1955


N PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
( Barrows and : Corn,!/ : Hog-corn
: gilts!/ : No. 3, Yellow a price ratio
: Dollars per : Cents per : based on
: 100 pounds bushel :barrows & gilts
10.73 125.0 8.6


Nov, 1955 12.23 117.3 10.4
Dec. 1954 17.30 152.2 11.4
Year 1955 15,16 135.0 2/11.4
Year 1954 22.13 155.7 2/14.5
1/ Weighted average. 2/ Simple average of monthly ratios.






NEW YORK WHOLESALE MEAT TRADE REVIEW
Western Dressed Fresh Meats

Aggregate receipts of Western dressed fresh meats were mostly normal, but the
salable supply of lamb was supplemented by a few carloads carried from the previous
week. Trading was retarded on Monday by unfavorable weather, with many retailers
unable to participate during early hours. Demand was curtailed on subsequent days,
with action only fair at best. Movement of beef, veal and calf was slow but rather
dependable, while action on lamb and fresh pork lagged somewhat. Prices were re-
vised upward on early days, but initial advances were lost in some instances. Com-
pared with the previous Friday: Steer beef steady to $1.00 higher; cow beef and
calf unchanged; veal steady to $3.00 higher; lamb steady to in instances $4.00
higher; pork loins about steady, other fresh pork cuts steady to $2.00 lover.
Steer offerings were normal in most sales coolers, with most grades and
weights represented. Supply of carcasses 700# down grading Choice and Prine Iras
relatively small, however, and these moved rather freely and usually at the top
prices for the week. Most forequarter and loin cuts sold slowly, but ribs and
rounds moved dependably.
Unloads of veal consisted mainly of Utility to low-Good carcasses 80,,'- down.
High-Good to Prime carcasses were relatively inadequate, and calf numbers were
sharply reduced. Carcass lamb prices on freshly unloaded stocks were mostly higher
at the outset, but the market appeared top-heavy, with downturns registered later.
Trading hold to s slow pace for most offerings.
:4ovoment of a normal fresh pork supply followed a slow but rather dependable
course early, when asking prices on pork loins wore about t2.00 up. Demand sub-
sided after Wednesday, however, and prices on loins and other cuts woro revised
downward to invite buyer interest. Some carryover was indicated.
Locally Dressed Fresh Meats

Trading was only fair at local wholesale centers, and demand was not as broad
as anticipated for a short work week. Prices for most non-kosher offerings were
higher at the outset, with sharp upturns on veal hindsaddles. Prices weakened
later, however, as demand narrowed, and daily stocks were mostly in excess of cur-
rent inquiry. Movement of lamb slowed progressively; and was very slow late in
the week. Action on kosher classes was only fair, with prices of kosher steer cuts
holding to closing levels of the previous week. Kosher veal advanced, but upturns
on kosher lamb foresaddles were lost in late trading.
Most grades and weights of steer hindquarters and cuts were represented.
Demand was fairly broad for Good to Prime hindquarters 170# down, with prices
slightly higher. Lightweight primal cuts also found dependable outlet, particu-
larly ribs, while heavyweight offerings were discounted slightly to sharply to
effect clearance. Kosher buyers operated selectively, with prices higher in
instances. However, the general trade averaged about steady. Trading rangcd from
fair to slow.
Veal carcasses comprised the greater portion of daily kills as calf numbers
were very small. Prices advanced on both veal and calf but upturns wore short of
the higher replacement costs. Lamb stocks were generally in excess of current
requirononts. Early prices were mostly higher, with average upturns of ~1l.00 to
$2.00, with the advance well maintained on Choice and Prime 40-50# selections.
Other offerings closed weak to lower. Kosher lamb foresaddles sold slowly vt
weaker prices late after opening sharply higher.
Fresh pork loins were priced about $2.00 higher at the outset, but trading
lagged progressively, with the close on most fresh pork cuts about steady to
slightly lower in instances. Slaughter of cattle and calves increased moderately
with little change in hog and lamb kills.from a week earlier.





CHICAG V"HOLESALE MFAT TRADE REVIEW


Duo primarily to the thr'c-day holiday last vreek-end, supplies of all
fresh meat for the current week were below normal, but usually more than ample
for trade requirements. Good and Choice grades comprised bulk of beef offerings,
while lamb and veal consisted mostly of carcasses grading Choice and lower.
Trade on pork cuts opened fairly active at firm to higher prices but ir~oc
slowed later. Lamb and veal carcasses and most lamb cuts sold in a fairly act-
ive trade. Current prices on Choice and Prime lamb are the highest since the
first week in December 1955, Most beef cuts were in good demand, with square-
cut chuoks and rounds $2,00 to 3.00 higher for the week. Wholesale meat houses
except to carry over some lamb forequarter meat and fresh pork. Otherwise
clearances should be fairly good. Compared to last Thursdaybs closer Beef
mostly steady to 1.00 higher; veal unchanged; lamb 50% to $2.00 higher; pork
loins 8 to 16 lbs. $2.00 to 3.00 lower Boston butts 4 to 8 lbs. $1,00 higher;
spareribs 3 lb. down steady,
Choice and Prime squarecut beef chucks sold at $28.00-30.00, comparable
rounds O39.00-42.00; Prime loins $73.00-79.00, Choice 861.00-65.00; Prime ribs
$54.00-57.00, Choice 47.00-50,00; Choice and Prime kosher style beef chucks
S$30,00-32,00. Choice veal hindsaddles sold from $54.00-57.00 comparable fore-
quarters 021,00-25.00. Lamb hindsaddles cashed at 146.00-51,00, legs '43.00-
48.00, loins 57600-62.00, and hotel ribs 949,00-53.00.

PACIFIC COAST VIHOLESALE MEAT TRADE REVIEW

Reduced slaughter operations due to the holiday resulted in smaller sup-
plioesof fresh meats at wholesale centers on the !,est Coast. Most steer car-
casses were in moderate volume while offerings of veal, calf and lamb were
limited. Forequarter outs of beef which have been in excessive supply for the
past few weeks were also clearing including holdovers. Volume of pork was
moderate to slightly liberal but demand was sufficient to keep supplies moving.
Trading activity and demand improved on most classes but higher asking prices
occasionally slowed the trade. Prices compared with last Friday: Steer beef
strong to 1.00 higher at tos Angeles and Portland and weak *t San Francisoo;
cow beef $1.00-2.00 higher at all points; veal and calf strong to #1.00 higher,
instances veal $2.00 higher at San Francisco; lamb steady to $1.00 higher; fresh
pork steady to $2,00 higher except Boston butts $1.00 lower at San Francisco;
smoked pork steady except smoked skinned hams $2.00 lower in instances at Los
Angeles and bacon *2.00 lower at San Francisco; lard steady to 50g lower,
Choice steer carcasses under 700 lbs, brought 031.00-35.00, few to A36.00
at San Francisco and $37,00 at Seattle, 700-800 Ibs. $3a.00-82,00 in California;
Good 500-700 lbs. $29.00-34,00, few 835.00 at Seattle; Commercial $27.00-31.00
Commercial cow beef $23,00-26,00, Utility 022.00-25.00; Canner and Cutter
$18.00-22,00. Good and Choice veal under 150 Ibs. brought mostly $40,00-46.000
same grades calf under 300 lbs. 830.00-39.00; Commercial and Good calf 30.00-
32,00'at San Francisco. Choice and Prime lamb under 55 Ibs. cashed at $37.00 -
41,00, few A42,00 at Seattle. Fresh closely trimmed pork loins under 16 Ibs,
cleared from $34.00-38.00, few to A40,00 at San Franoisoo; shoulders under 16
Ibs. t21-300-3000 fresh skinned hams under 18 Ibs. $38.00-46,0 spareribs
under-3 Ibs. "30.00-38.00. Smoked hkinned hams under 18 Ibs. brought $41*00-
47.00, few $50.00 at San Francisco; slab bacon under 10 lbs. .28,00-40,00|
lard in 1 lb. cartons ^14.00-18.00.





38
WHOLESALE DRESSED MEAT PRICES: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
------- -------- --- ------ r ---------- -----------I.-II-II- I I 7l I l I
New York Chicago San Francisco
Classification Jan. Dec. JJan. Jan. Dec. Jan. Dec. Jan.
7 31 8 7 31 8 : 7 31 8
1956 1955 1955 1956 1955 : 1955 1956 1955 1955
--- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --- -- -- -- -- -- -- - --_k J *
Beef -
Steer -


Prime 600-700f
700-800
Choice 500-600
600-700
Good 350-600
^, ,I v


Cow, all wts. -
Commercial
Utility


Prime 40-50#
50-60
Choice 40-50
50-0
Good all wts.
Pork Fresh -
Loins 8-10Ofav.
10-12
12-16 A
Butts 4-8
Pork Cured -
Hams, smk., skd. -
12-16# av.
16-18 N
18-20
Bacon, smk.. slab -
6-8f av.
8-10 '
Sliced 1 f pkg.
Picnics, smoked -
4-8# av.
Backs, D. S. -
16-20# av.
Lard, f1 cartons -
Refined
Substitutes


39.00
37.00

36.00
31.50
29.50

25.00
22.00

46.00
41.00
36.00

38.62
34.50
38.62
34.00
32.25

34.00
34.00
33.25
29.25


41.50
41.00



35.00
40.00


23.00 23.00 36.00 :26.88

13.50 15.00 16.50 :11.50


15.00


17.00 :14.25
-- :25.00


35.75
35.75
35.00
35.00
29.94
27.00


48.15 :
48.15 :
44.40 : 35.50
43.90 :34.00
37.80 : 32.75
32.50 : 29.00


-- -- : 26.50
-- -- : 23.50


39.00
37.00

35.50
31.50
29.50

25.00
22.00

45.50
40.50
34.00

36.75
31.50
36.75
31.50
27.50

32.25
32.25
31.25
29.00


44.00
41.50



32.50
39.50


-- : 36.75
49.00 : 36.75
-- :36.25
45.50 : 36.25
41.00 :30.69
36.50 :28.00

27.50 :
23.50 :

44.50 : 44.50
39.10 : 39.50
34.50 : 35,50

43.50 :37.38
43.50 :34.12
41.90 :37.38
41.90 : 34.12
40.50 :33.56

40.60 :31.75
40.60 :31.75
37.80 :31.06
38.00 :25.44


52.00 : L5.00
46.50 :42.00
-- :42.62

-- :36.12
51.50 :33.88
54.50 :38.50


27.62 35.25 :30.00


--

35.50
34,00
32.75
29.00

25.50
22.50


w-

42.00
40.00
39.00
36.00

27.80
23.60


41.00 43.00


39.00
37.00
39.00
37.00
36.50

38.38
37.50
36.62
33.75


48.50
46.00


40.00
37,00
42.50


40.00
38.50
40.00
38.00
36.00

44.50
43.00
43.00
44.00


56.00
52.00


57.50
54.00
58.50


28.00 37.00


13.50 15.75 :


14.25
25.00


16.75 : 17.50
27.50 : --


17.50
--


19.90


Note: Prices are based on sales by slaughteeres, packer branch houses, and wholesale dealers to retail.
dealers and hotel supply houses. Quotations at New York exclude locally dressed meats.


Veal -
Prime
Choice
Good
Ltmb -


80-110
* N
* N


44.50
39.00
35.00

36.00
32.88
36.00
32.88
32.00

31.50
31.50
30.50
24.50


44.50
41.75
42.25

36.50
35.00
38.50


16.00


44.60 :
40.10 :
35.10 : 43.00

43.50 : 39.00
42.00 :37.00
42.50 : 39.00
41.00 :37.00
40.00 : 36.50

38.80 :38.50
38.80 :38.00
36.90 :37.00
34.70 :32.88


51.50 : 48.50
48.50 : 46.00
47.75 : --

56.00 :38.00
53.00 :37.00
55.50 : 40.50





BCSTON WOOL MARKET REVIEW


Turnover of greasy domestic worsted wools in the Boston market was smaller
than a week earlier as prices continued very firm. Most sales were of fine
wools with some 60s and 60/62s, Trade was limited due to lack of offerings.
Prices for scoured wools and noils showed an upward trend with limited offerings
in the local market. Noils wvre scarce as some private cables from England
indicated production was sold up through March. A modest volume of 12 months
wool was purchased during the past week in Texas, Trade was rather dull in
the Territory states. Sales resumed at East London in South Africa on Jan-
uary 5 and at Port Elizabeth on January 6 while the Australian auctions will
reopen at Sydney on January 9 and at Wanganui, New Zealand on January 11.
Prices at Scuth American markets continued firm and unchanged.
Fleece Wools Graded 60s with some 62s good French combing and staple
Fleece wool sold at S1.15 clean basis,
Territory 7ccls A lot of graded 60/62s good French combing and staple
Territory wool brought $1.19/1.20 olean.
leras 7Tools Criginal bag 12 months Texas wool, bulk good French combing
and staple sold around S1.33 while bulk good French combing 12 months in
original bags brought about $1.35.
Pulk good French combing original bag 12 months wool sold inTexas around
$1.30/1.31 clean, delivered Boston vhile original bag, bulk average to good
French combing was purchased at an estimated clean price of $1.25/1.26 delivered,
Mohair A little mohair w-s contracted in Texas on the basis of 81:V
for Adult and $1.01- for Kid mohair to the warehouse. The local market con-
tinued very quiet.
Siles of CCC "ools The Commodity Credit Corporation announced on Jan-
uary 5, that approximately 3 million pounds of C.C.C. tvwnd wool, from bids
received on about 40 million pounds, were sold the opening week of the Jan-
uery sale. The principal grades, quantity and sales price raagoa'follow
pounds
Graded territory Fine staple and good French 88,458 $1,32-1.35
a Average 249,382 1.26-1.28

1/2 blood staple and good French Z87,;82 1.202 -1.231
I 3/8s I" 697,633 1.11-1.144
1/4 "" "48/50sl68,728 1,04-1.062
O.B. Texas 12 Mos. good French and staple 134,896 1,.6-1.396
12 average and good French 145;820 1,32-1.393
Graded Fleece 3/8s staple and good French 167,054 1.055-1.093
1/4 # "48/50s 495,442 1,012

Foreign Wools A spot lot of scoured shorn average style Buenos Aires
Novcmbcr second clip 36/40s sold around 86/ in bond while greasy Buenos Aires
November Second Clips cold for shipment at 86% lean basis, Montevideo super
skirted wools were priced as follows: 64s at 60%; 60s and 58/60s at C4 3/4%;
56s and 50/56s and 50s at 65 %, all grease basis in bond. A very poor selec-
tion was reported in South Africa as sales resumed under general competition.
Offerings follow Type 7 at $1,22; 8 at ,1.195; 12 at $1.195; 47 et A1.195;
48 at $1.17; 52 at $ 1.17 and 53 at.$ 1.15.
Carpet Tools Trading of Carpet wools was quiet, Coarse light yellow
Indian Carpet "'ool sold for shipment at 83X clean fibers present while a white
pulled near Eastern wool sold at 80% and a Continental skin wool sold at 80/
clean for shipment. Spot Buenos Aires November second clip Carpet Wools were
refused at 86# clean fibers present.





LIVESTOCK SLAUGHATERED, UNITED STATES, DECEMBER 19?5, "WITH COMPARISONS 1/
: Cattle : Calves
Month i : Other : Av : Other :Av.
and s Federally : whole- : o sFederally: whole-: : i
Total 3lve Total live
period : Inspected : sale & : : i:Inspecteds sale &: : e
weight weight
S: retail : : : retails
Thousand head Pounds Thousand head Pounds
Nov. 1955 1,661.7 557.9 2,219,6 955 700,1 409.3 1,109.4 213
Oct. 1955 1,692.8 586.0 2,278.8 948 727.7 433.0 1,160,7 220
Jan.-Nov.1955 17,438.4 6,207.2 23,645.6 938 6,866.4 ?,525.9 11,392.3 218
Jan.-Nov.1954 16,893.6 6,013.3 22,906,9 924 ,6933.9 4,7'4.2 11,678.1 221
Hogs Sheep and Lambs
Nov. 1955 6,857.1 1,251.0 8,108,1 233 1,161.6 176.3 1,337.9 96
Oct. 1955 6,144.1 1,068.7 7,212.8 227 1,247.5 1C7.5 1,415.0 93
Jan.-1:ov.1955 54,045.8 11,757,8 65,803.6 237 13,228.6 1,754.7 14,983.3 96
Jan.-Nov.1954 46,774.9 10,643.3 57,418.2 240 12,980.5 1,626.9 14,607.4 95


- Excludes


farm slaughter.


"Other wholesale and retail" slaughter is estimated.


Month and
Period

Nov. 1955
Oct. 1955
Jan.-Nov. 1955
Jan.-Nov. 1954


MEAT AND LARD PRODUCTION, UNITED STATES NOVEMBER 19E5 I/
? : a Lab an1 d a Total : /
Beef Veal Pork amb and Total Lard 3
- Beef : : Mutton : meat 2/
Million Pounds
1,139 129 1,074 61 2,403 265
1,173 142 946 62 2,323 214
12,109 1,374 8,916 686 23,085 2,165
11,527 1,428 7,920 660 21,535 1,863


J / Excludes farm slaughter. 2/ Excludes lard and rendered pork fat,
3J Includes rendered pork fat. Agricultural Estimates Division.
WESTERN LIVESTOCK REVIEW Continued from page 23
Choice heifers t17.00-19.25, Good 515.00-17.50, Utility and Commercial $12.00-
15.00. Most Utility and Commercial cows cashed from $10,00-13.00, Canners and
Cutters t8.00-10.50. Choice and Prime vealers cleared from t20.00-26.00, Good and
Choice vealers and slaughter calves 1l8.00-20.00 and occasionally higher. A
limited volume of Good to low-Choice stocker and feeder steers brought $16.00-
18.75; Good and Choice heifers d14.00-1F.70; same-grades stock steer calves $16.00-
20,00, one load 380# at Denver 21.50.
Choice fed steers under 1200# sold out of Celifornia feedlots from $19.00-
19.50, a few loads under 1075# ~20.00-20.25, Good steers l16.00-18.00; Good and
Choice fed heifers 416.00-18,50. Sales f.o.b. feedlot at mostly 41 shrink. A
scattering of Good and Choice stocker and feeder steers cleared from t16.00-17.00,
load Good 508# t17.50 f.o.b. New Mexico.
iixed lots U. S. No. 1 to 3 10E-240# barrows and gilts sold at Portland late
at $12,00-13.50; at South San Francisco and Stockton 13.00; at Los Angeles '11.50-
12.50; at Ogden 412.00-12,35, and at Denver $11,00-12.35,
Choice 93-111# wooled slaughter lambs brought t19,50 at Denver, a few $19,75,
Good and Choice t18.50-19.25; same grades at other points mostly $17.00-18.75 with
full wooled at South San Francisco from t19.00-19,50. Several loads mostly Choice
fall shorn to full wooled slaughter lambs sold in the Imperial Valley from $19.00-
19.50 f.o.b, feedlot at mostly 4' shrink.







THE LIVESTOCK AND MEAT SITUATION
Approved by the Outlook and Situation Board, Jan. 3, 1956
SI M4ARY

The fall bulge in livestock slaughter, which pushed meat output
to an all-time record rate, has passed. Slaughter this winter will be
down seasonally but above last winter. Cattle slaughter will equal or
exceed last winter. A back-log of long-fed steers had been worked off
fairly well by January 1, and partly-finished steers and heifers of
middle grades will make up a larger part of slaughter in weeks ahead
than in the fall. Slaughter of hogs will decrease, as usual, but it
will stay above last year. Sheep and lamb slaughter might be slightly
less than last winter.
Total meat output will likely exceed last year during the first
half of 1956, but it may be smaller than a year earlier in the second
half. Because cattle went on feed earlier and at heavier weights more
of the year's total fed cattle slaughter will probably come in the first
half in 1956 than in 1955, and less in the second. The 12 percent larger
fall pig crop assures a larger slaughter of hogs in the first half; be-
cause a 2 percent smaller spring crop is planned by producers, slaughter
in the second half may.fall below the same period of 1955.
Regionally, increases in spring farrowings are in prospect in the
South, while some sharp decreases are planned in the Western Corn Belt.
Prices of cattle in 1956 are expected to average slightly higher
than in 1955, and hog prices slightly lower. Based on the prospective
supplies, stronger prices of meat animals are more likely later in the
year than earlier. Prices of high grade fed steers may recover mod-
erately early in 1956, but will stay below last year's prices for
several months. Prices of lower grade steers and heifers may be slower
to increase, and the price spread between grades may widen temporarily.
The spread is likely to narrow with the approach of spring when prices
of lower grade stock will likely rise seasonally. Prices of hogs
promise to climb from their depths of late November and December. How-
ever, substantial increases are not likely before mid-spring because
of the sizable marketing of fall-born hogs in prospect. Prices of
lambs probably will increase seasonally during the winter.
Through December 31 the Department of Agriculture had contracted
for 33 million pounds of pork and 31 million pounds of lard. Pur-
chases are being made to provide price assistance by helping to re-
move surplus supplies. Pork obtained is being donated to school
lunches and other eligible outlets.




UNIVERSITY OF FLORIDA
42 11111 illIH111 I Iii li 11llN 1IAR1111111i l
3 1262 08734 5301










i


LIVESTOCK PRICES AT CHICAGO COMPARED WITH WHOLESALE AND COMPOSITE RETAIL
MEAT PRICES AND WHOLESALE AND RETAIL MEAT VALUES AT NEW YORK
SSteers Lambs_ Hogs
: Dec, : Nov. : Dec. i Dec, : Nov. : Dec. : Dec. : Nov. : Dec.
: 1955_: 1955 : 1954 : 1955 : 1955 __1954 : 1955 : 1955 : 1954-
Live animal prices Dollars per 100 pounds
Chicago 1/........ 21.92 22.10 28.221 18.31 19.28 20,07: 11.17 12.40 18.01
Wholesale meat
prices,New York 2/ 36,74 37.76 46.54: 37.14 41.31 42.38: -- --
Cents per pound
Composite retail meat
prices,New York 3/ 59.20 60.53 71.23: 50.94 54.44 57.50: --
Value of carcass meat from 100v live animal (Dollars)
Wholesale-New York 4_/ 22.04 22.66 27.92: 18.20 20,24 20.771 18.05 19,17 23,58
Retail New York 5/ 28.06 28,69 33.761 24.04 25.70 27.14, 23.26 24.27 29,65
i/ Av, Choice and Prime steers, 900-1100 lb., Choice and Prime lambs, and U. S.
No. 1, 2 and 3 hogs, 220-240 lb.
/ Av. Choice and Prime steer beef, 600-800 lb., and Choice and Prime lamb.
3] Composite av. of semi-monthly retail quotations on various cuts (incl. lard).
combined in proportion to their respective yields from live weight.
j 60 lb. of beef carcass, 49 lb. of lamb carcass and 62.11 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 47.4 lb. of beef cuts, 47,2 lb. of lamb cuts and 60.37 lb. of principal hog
products, incl. lard.




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