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:
AA00012178:00011

Related Items

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


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wrad LIVESTOCK W DIVISION Wee





MARKET REVIEWS AND STATISTICS

Vol. 24, No. 13 March 27, 1956

Week ended March 24

Page
Livestock Market Reviews. ...... 252
Livestock Market Receipts ...... ......... 254
Feeder and Stocker Statistics . 254
Steer Sale Statistics .. .... ... 255
Estimated Slaughter and Meat Production .. 256
Slaughter at Major Centers. ..... .. 257
Cattle Prices .. .. . 258
Hog Prices .. .. . 259
Hog Purchase Statistics. ....... ... .. 260
Sheep and Lamb Prices .................. 261
Estimated Percentage of Feeder and Stocker Cattle and
Slaughter Cows in Salable Receipts. 261
Wholesale Meat Trade Reviews. .. 262
Wholesale Meat Prices .... ...... .. 264
Wool Market Review . . .. 265

Special to this issue
Total Meats, Meat Products, and Byproducts Graded or
Certified, February 1956 ... . 256
Classification of Livestock Slaughtered in the
United States, February 1956 . 266
Percentage Distribution, by Classes, of Cattle Slaughtered
under Federal Inspection, February 1956 . 266
Spring Sow Farrowings 9 States, March 1, 1956 267





U. S. DEPARTMENT OF AGRICULTURE z
AGRICULTURAL MARKETING SERVICE
LIVESTOCK DIVISION
Washington 235 D. C.


AsI*-Agll





252
MIDWEST LIVESmOCK MARKET REVIEW
Cattle receipts were smaller than a week earlier but demand from order buyers
for fed offerings was also reduced. This was due partly to the heavy snowfall in
the East at the week's opening and also to approaching religious holidays during
which slaughtering will be suspended. These factors influenced price declines on
Good and Choice steers at several markets, while at others the trend was slightly
stronger. Hog marketing wIere smallest of the year and prices advanced for the
fourth straight week. Upturns were sharpest for any week since late January, bulk
of the butchers selling $1.00 to $1.50 higher. Supplies of slaughter lambs in-
creased and late sales were steady to $1.00 lower.

SLAUGHTER CATTLE AND CALVES
Mixed price trends characterized trading in slaughter cattle for the week. At
several major centers prices of steers and heifers strenghtened after opening lower
and finished on a somewhat higher basis. However, at some other markets, notably
Chicago, Kansas City, and Cmaha, prices of these classes showed uneven declines,
steers ether than Prime selling 504 to $1.00 lower at Omaha. Cows and bulls held
steady or advanced moderately at most points. Vealer prices declined 1;.00-3.00 at
S. St. Paul, and were $1.00 lower at St. Louis National Stock Yards.
Factors tending to influence price trends adversely included forthcoming non-
slaughtering Jewish holidays, together with approaching Holy Week, and unsettled
conditions in the dressed trade. Eastern outlets were disturbed because of these
factors, and were affected, too, by severe snow storms which disrupted transporta-
tion facilities and hampered trading. Tending to counteract these weakening in-
fluences to some extent was a smaller run of cattle at the 12 markets.
At Chicago, where steers finished weak to 500 lower, and heifers 25-75# lower,
daily clearances were more or less incomplete, and a dozen loads of Choice steers
over 1200-a still had not cleared as the week drew to a close. Choice steers were
most numerous there, the proportion of Prime falling below ten percent for the
first time since last June. Receipts at Chicago included many loads of steers over
1350#, but the average weight of 1148# was somewhat below that of the week before
when it was 1156#, or 76# heavier than in the corresponding week of 1955.
Prime steers at Chicago brought $20.50-25.50 according to weight; bulk $22.50-
24.50. A few loads Prime 1475-1575# brought $20.50-22.00; loads of high-Choice and
mixed Choice and Prime steers under 1350# $21.00-22.50; several loads mostly Prime
1075-1100(> up to $23.00. High-Choice 1400-1615# steers brought $19.00-20.50; some
high-Choice 1730# $19.00. Choice steers bulked for the week from $18.00-21.00;
Good $16.50-18.00; mixed Commercial and Good $15.25-16.50; Utility and Commercial
$13.00-15.50, including some Commercial 1370# Holsteins at $14.50, and 1075-
Utility Holsteins $13.00. Good and Choice steers at midwest terminals other than
Chicago bulked at $16.00-19.50; a moderate showing of Choice and Prime $20.00-
22.50; 50 head of average to high-Prime 12611 $23.75 at Indianapolis, a load of
Prime 11834- reaching $24.00 at Omaha.

STOCIKR AND FEEDER CATTLE AND CALVES
Harhotings of stocker and feeder cattle and calves, although of seasonally
moderate proportions, wore somewhat larger than either the previous week or a year
ago. Shipments of steers to the country from the 10 markets during the reok totaled
18,941, compared with 15,707 the previous week and 16,903 a year ago. Shipments of
steers from Kansas City totaled 4,565 and in addition, dealers at that market still
had a moderate number on hand going into the weekend. Quality was at a fairly high
level, Good to Choice offerings making up a large percent of the overall supplies.
Yearling stock steers averaging from 500-700# predominated. Although not many
straight feeder steers 800# up were on offer, receipts, particularly at Kansas City,
included a moderate number of wellbred, partly fattened two-way offerings. Feeder







buyers at that market showed considerably more inclination than in recent weeks tc
compete with slaughterers on such offerings and a moderate number of steers already
well up in the Good grade from a beef standpoint went out for further feeding at
prices materially above those prevailing on the same grades going for i,;Tediate
slaughter. This increased interest in cattle suitable for a short feeding term
indicated renewed optimism in regard to fat cattle prices during the next several
months as the current price relationship between fats and feeders could scarcely be
considered favorable to profitable feeding of cattle. For example, the wecohts
average cost of $17.72 for all steers 500# up shipped to the country from Kansas
City was $3.91 under a year ago while the week's average price of $17.30 for all
slaughter steers sold on that market was $6.22 under a year ago. Trading for the
rank and file of stockers and feeders around the market circuit was only moderately
active and somewhat uneven but for the most part prices varied but little from a
steady basis. In some areas the approaching new grass season was a factor tending
to stimulate demand for stockers, but in others sub-normal stock water conditions
tended to slow demand. Even where water and grass conditions were favorable
stocker buyers at current price levels often were inclined to proceed with con-
siderable caution and consequently, offerings under 500# still commanded a prcr.iium
over the same grades of 550-600# steers, and these in turn sold at materially
higher prices than did the 650-750# lots.

HOGS
Receipts of hogs again decreased at midwest market centers and the combined
movement at the 12 terminal markets and the Interior area waWs the smallest since
late last September. Shipping orders were only moderate to rather small, but even
so, supplies were seldom adequate to meet the demand by packing plants. Price
advances for the period were the greatest since late January. Compared with a week
earlier, butchers closed 75( to $1.75 higher, mostly $1.00-1.50 up. Sows wore 50#
to $1.00 higher, instances as much as $1.75 up. Price levels on butchers at
eastern Corn Bolt markets were the highest since mid-winter, and prices at several
points in the western Corn Belt were highest since last fall. However, butcher
prices are still around $2.75-3.50 lower than the same time last year, while sows
are about $2.50 below a year ago. Butchers continued to sell in a narrow price
range. The increased proportion of No. 1 and 2 lots sold 25-75# or more :lbcve
mixed lots of the same weights grading mostly No. 2 and 3. Sows made up from 4 to
12 percent of receipts.
Stocker and feeder pigs shared the price upturns on slaughter hogs. Gool and
Choice 130-1501 feeders sold $1.00 higher at Sioux City, cashing from $12.00-12.50.
At S. St. Paul, Good and Choice feeders were 50# higher at $11.00-12.50.

SHEEP AND LAMBS
Receipts at the 12 markets were substantially larger than last week, with the
increase mainly at southwest points where several thousand spring lambs wore mar-
keted for the Easter trade. Slaughter lamb trading was erratic and prices closed
unevenly stcady to $1.00 lower. Slaughter ewe prices ranged from 500 lower to
$1.00 higher, while feeding and shearing lambs sold steady to $1.00 lower. Dis-
counts on lambs over 110# ranged upwards to $2.00 per cwt. for 125-130# weights.
Good to Prime wooled lambs 110# down bulked at $18.00-20.50, scattered loads $21.00-
21.50. Lambs over 115# sold downward from $20.25, some Good 130# lambs as low as
$15.00. Good to Prime spring lambs brought $20.00-23.00, mainly $22.00 down. Cood
to Prime shorn lambs carrying No. 3 to summer shorn pelts sold at $17.00-19.50,
and a few mostly fall and summer shorn offerings reached $19.75-20.25. Cull to
Choice slaughter ewes moved at $3.50-9,00. Feeding and shearing lambs grading Good
and Choice sold mainly at $18.00-19.50. Short-term bred ewes brought $11.50 and
$11.75 per head, while good-mouthed bred eves realized $17.15 per head,
Continued on pago 268.






WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS


"........ .......... -......... ....... .----- ---.. .
Castle Calves Hogs r Sheep
Marke Mar. Mar. Mar. Mar. Mar. Mar. Mar, Mar.
24 26 24 26 24 26 24 26
1956 :.. 1955.. 1956 .. 1955 ..1956 .. 1955 1956 195E
Chicago........... 43,506 40,665 1,219 1,333 40,399 45,849 9,554 11,2C0
Cincinnati.......... 4,279 3,396 1,218 1,119 17,447 10,972 536 20.
Denver............ 11,768 15 302 521 1,043 3,030 2,811 24,007 33,621
Fort Worth.......... 7,533 7, 72 1,512 2,229 3,200 2,161 33,259 25,815
Indianapolis..-------. 8,529 8,399 1,196 1,107 60,001 45,573 926 1,507
Kansas City-------- 20,972 18 438 1,231 1, 51 12,713 7,476 8,847 7, 34
Oklahoma City...... 12,120 8,667 1,030 1,009 4,199 3,378 4,570 2,047
Omaha............ 33,448 42 477 851 1,009 33,103 34,112 13,453 19,883
St. Joseph......... 13,754 14 965 904 807 2C,056 19,610 3,744 4,649
St. Louis NSY....... 17,241 15,992 3,539 3,299 E6,942 47,135 2,490 2,299
Sioux City.......... 22,118 24 749 645 328 26,201 28, 989 6,237 10,852
S.St. Paul.......... 20,786 23,074 10,952 10,046 59,793 47,605 11,601 9,868

Total.--.---------216,054 223,496 24,818 25,180 353,784 295,674 119,224 129,288
Mar, 17 1956. 226 .841 24 466 362 840 110 725
INTERIOR IOWA AND SOUTHERN MINNESOTA
Week ended: Hogs Sheep
Mar. 24, 1956 .......-....... 338,000 23,600
Mar. 17, 1956 .-------..--------. 369,000 27,500
Mar. 26, 1955 -..------------ 286,500 33,500
FEEDER AND STOCKER CATTLE:AVERAGE COST. WEIGHT, AND NUMBER
Week ended Month Two months
Mar. 22 Mar. 15 Mar, 24 : Feb. Feb. Jan.: Feb.
1956 : 1956 1955 1956 1955 1956 1955
Steers 1001o up 464 318 465 1,500 1,917 3,391 4,142
901-1000 1,565 1,295 1,766 5,513 8,202 11,608 16,813
801-900 2,773 2,541 2,448 10,199 10,804 26,382 26,171
701-800 3,508 2,905 2,765 11,081 10,966 28,349 28,492
501-700 10,631 8,648 9,459 32,465 26,110 67,233 70,928


Total steers 10 mkts.
Av. wts." "
Av.cost*" "
" "Chicago
" Ks. City
" Omaha
" "S. St. Paul
" "1 "Sioux City
" "Denver
" Ft. Worth
" t" Oklo. City
S" S. St. Joseph
Nott. Stk. Yds.
Total calves-10 mkts.


18,941
700#
$16.98
17.55
17.72
16.39
15.93
17.73
14.89
16.28
16.38
17.28
15.96
4,869


15,707
701#
$16.88
17.68
17.36
16.85
15.31
17.71
15.00
16.99
16.16
16.60
16.25
4,245


16,903
704#
$20.80
20.01
21.63
20.61
19.53
21.27
21.45
20.37
20.74
20.43
19.11
6,452


60,758
710#
$16.54
16.86
17.04
16.38
15.03
16.82
16.11
16.31
16.40
16.4-11
16.20
18,931


57,999
738#
$19.71
20.24
20.46
19.60
18.10
20.10
20.12
19.02
19.12
19.24
18.81
15,937


136,963
717#
$16.59
16.81
17.09
16.36
15.05
16.66
17.53
16.29
16.33
16.38
16.14
53,071


146,546
721f
$19.76
20.02
20.43
19.59
17.59
20.15
22.09
18.69
18.46
19.41
18.61
65,126


cows.
heifers, bulls-"" 2,668 2,799 2,620 9,265 9,836 23,825 30,657
* Not adjusted for difwe ,ces, in gra&. of cattle sold at ach maarket.


254






BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER ec.7
Percent of Average price
Average weight d.
Number of hqad total in dollars
by grades (pounds) per 100 Ih.
-- ---------. ------------ -- -- -- -
Grade Week ended
Grad L -----------------------r-"" ''-- '----l-W ek-end -d----~--- I-- -----------
iM"r., MIar. : ar. Mar, "
224 15 2 22 5 24 22 15 24 22 15 24
---I I --- ------ ----------
1.......56 105 1956 1956 1955 1356 .1956 1055 1.56 156 1
.CH.C.CAGO .


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
Co.'l.
Utility
All grades

Prime
Choice
Good
Com'l.
Utility
All grades

Prime
Choice
Good
Com'l.
Utility
All graoe


1719 2917 258 6.3 9.9 1.1 1299 1324 1144 22.40 22.02 31.92
17431 16336 13037 63.9 55.7 54.3 1184 1193 1137 19.36 1g.36 26.1&
6482 8177 8924 23.8 27.9 37.0 1064 1062 1025 17.35 17.34 22,64
1432 1379 1625 5.2 4.7 6.8 945 978 4:7 15.32 15.11 18.3S
228 535 183 .4 1.8 .8 933 996 813 13.53 13.54 1F.83
.27292 2*344 24027 1148 1156 1080 18Q9 92 16.88 24.4E
OMAHA 1/
74 184 -- .6 1.1 -- 1233 1260 -- 22.65 22.12 --
8335 8407 7883 63.9 51.3 44.3 1144 1157 1138 18.37 19.04 .36
3552 6602 8470 27.2 40.2 47.7 1035 1074 1035 16,70 17.11 22.27
896 932 1117 6.8 5.7 6.3 985 081 939 14.42 14.56 18,27
193 281 297 1.5 1.7 1.7 928 020 909 12.73 12.68 15.71
13050 16406 17767 1101 1111 1073 17.66 18.01 23.42
:::: ::::::: SIOUX.CIT:Y : I-:-:-:/-- -
208 369 118 2.9 3.9 1.2 1493 1366 1280 21.11 20,84 29.51
4063 4716 32"0 56.3 49.9 33.0 1183 1197 1161 18.80 18.82 24.,6
2670 4109 5877 37.0 43.4 59.3 1074 1100 1077 17.05 17.17 22. Z
221 177 515 3.1 1.9 5.2 959 1054 987 14.53 14.21 18,22
52 85 124 .7 .9 1.3 1050 889 957 13.C4 12.64 15,60
7214 456 994 11144 1157 1101 18.13 18.10 22.90
KANSAS CITY 1/
81 80 24 1.2 1.0 .5 1216 12 94 1223 20.43 20,00 27.C8
3119 3197 2463 46.0 44.0 47.5 1114 1112 1143 18,57 18.18 25.43
2599 3001 2359 39.1 42.0 45.5 1068 1050 1002 16.84 16,.3 21.96
638 827 300 9.6 12.0 5.8 1029 1030 -984 14.94 15,18 18.25
208 97 30 3.2 1.0 .7 976 980 856 13.07 13.16 16.08
...645 72-02 5165 1085 1077 1068 17.30 17.30 ?2,52,
--1 08----- -- --------------------.
..-....--.---...--- --... ST. LOUIS NSY 1I/ .-
-- 3 -- -- .1 -- 1068 -- .22.00
1988 1906 503 30.5 27.7 10.8 1131 1130 1115 18.24 18.42 24.07
3223 3339 2912 49.5 48.5 E2.8 1000 1018 998 16.93 16.88 22.36
1187 1488 1046 18.2 21.6 22.6 960 962 948 14.91 15.02 10.80
114 146 178 1.8 2.1 3.8 829 793 826 13,07 13,15 16.:1
46512 6882 4639 1030 1032 9?'3 16.97 16,12 21,94
............................. .. ...-...............................-- ---..........
S. ST. JOSE PH 1/
14 75 8 .2 1.2 .1 1045 1195 1241 20,0C 20.12 27.25
2567 2478 3343 46.6 -;i.6 51.5 1126 1145 1112 18.62 18.66 24.g8
2428 2377 2510 44.0 30.9 38.7 1058. 1073 1014 17.04 17,.7 21.59
456 806 563 6.3 15.0 8.7 950 1017 1023 14.54 15.02 17.92
48 137 E8 .9 2.3 1.0 835 918 302 12,77 12, 9 15.25
._5.1. _.. ;.A3 _49 ... 9 ........................ 0 -78_ 1_..6_e _17,_4 :2 ?_
3 5C078 2 17.60 4 22tin4 d.
C o- -nu-d.





256
BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER
------------ -- -------------I--- --------------- r----------------------
Percent oa I ~ Average price
Number of head total Averae in dollars
(pounds) in .
by grades a per 100 Ib.
--------- -- __.-~ ~_,,-------------------------------------------------------l_______
Grade Week ended
S "Mar'.. -------------- ----.------- r --- --r ---- --- --' .-
Mar.: Mar. Mar Mar.
22 15 24 22 15 24 22 15 24 22 15 24
..... -156. 19.56. 1955 1956 1956 19195: 1956 1956 1955 1956: 1956 1955
-- -------------------------------- ------- ----
.DENVER ,/
Prime 8 -- .2 .- -- 1039 -- 21.50
Choice 2768 2946 3586 70.7 67.5 69.4 1141 1156 1093 18.60 18.68 24.61
Good 1055 1344 1451 27.0 30.8 28,1 1073 1084 1051 17.4 17.06 23,12
Com'l. 64 75 107 1. 1.7 2.1 977 1076 1085 14.95 14.19 16.84
Utility 18 -- 22 .5 -- .4 882 892 12.25 -- 14.03
All grades ... 39.13 43..65__ 5166.................. 1118 1133 108 0 18.18 18..13 24. 01
1/ These summaries developed from data collected on marketing of fed cattle by the Agricultural Estimates
Division.

ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
Pork Lamb and
S Beef Veol Por Lamb and Total Total
Week (excl. lard) utton mot lard
W ...............-.... ..........---- ....-.......... ....---- ---.--- -------... meat lord
ended Num- ... Num- j Num- NuI- u
d; Prod. um- Prod. Nu Prod. Prod. prod. prod.
ber ber her b P bero *
------------------------------------t--------- -------------- ------ ----- I-------- ---------br-
1,000 mil. lb. I 000 mil. lb. 1000 mil. lb. 1000 il. b. mil. lb. mil. .
Mar. 24, 1956 341 191.0 150 15.8 1,291 169.6 289 14.2 390.6 42.6
Mar. 17, 1956 361 202.9 143 15.0 1,449 191.6 265 13.0 422.5 47.8
Mar. 10, 19561358 204.4 1.12 15.3 1,582 207.1 265 13.0 439.8 57.4
Mar. 26, 1955 332 176.5 135 13. 1,098 150.2 275 13.5 354.0 38.6
Percentage change from:
Mar. 17, 1956 6 6 +5 + 5 -11 -11 + 9 + 9 8 -11
Mr.26.95...+ 3 + 8 +11 +14 +18 +13 + 5 + 5 +10 +10
rAverae weihts (lb.) Lard
----------------------- ir ----------(I--------------------------------------4
Week Cattle C : Sheep and yield
ended Cottle : Colves : Hogs : lambs per
ended lams per
.. ----- ......- -..--...... --.....-........ ....... "
--.------.--. Lv Dressed : Live Dressed Live Dressed2 Live. .Dressed.. 100 b.
liv DesedF------------------)I__S~_8d_[L,~IY-----~,',---~---------- ------
Mar. 24, 1956 1,010 560 190 105 231 131 104 49 14.3
Mar. 17, 196 1,015 562 190 105 232 132 104 -9 14.2
Mar. 10, 1956 1,025 571 195 108 230 131 104 49 14.1
Mar. 26, 1955 971 532 184 102 239 137 106 49 14.7
III- ---.Ii I------I-~ .Il I II---- IiI----l i- -- ----ll-- i. ---illill- -- --ll ----I--III--
1/ Actual slaughter and revised estimate of production. 2/ Excludes lard.


TCTAL I-1EATS, MEAT PRODUCTS, AND BYPRODUCTS GRADED, OR CERTIFIED AS
COiPLYING WITH SPECIFICATIONS BY THE U. S. DEPARTMENT OF AGRICULTURE
: : Veal : Lamb, :All other :Grand
Month : Beef : and : yearling: Total : meats : total
: calf :and mutton_ : and lard :
1.000 1.000" 1. 00y 14.000 1. .000 1.00*
February 1956 562,778 16,542 22,557 601,877 12,761 614,638
January 1956 601,587 18,368 23,683 643,638 14,619 658,256
February 1955 416,668 16,954 20,508 45;,130 14,794 468,924
---------------------------------------- -- ----- ---- -- -- -- -- --





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CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
-------------------------------------- ------------------------- -------------------------
Chicago Kansas City Omaha
---''" "'"---- -------- r -'------- --------
Mar. Mar. Mar. *
Classification Mar M
24 17 26 24 : 17 26 24 17 26
.1956 195,6 1955 1956 1956 1955 1956 1956 1955
---------------------------......................................................................................
Slaughter cattle, calves and vealers
Steers -


Prime 900-1100f
1100-1300
Choice 900-1100
1100-1300
Good 900-1100
Com'l. All wts.


Heif6rs -
Prime
Choice


600-800#
a U


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


23.58
23.52
20.18
20.05
17.38
15.02


18.48
16.44
14.40

13.00
11.88
11.00

12.90
15.06

24.50
19.00

19.50
15.00


23.52
23.45
20.30
20.12
17.38
15.02


18.62
16.58
14.42

13.00
11.75
11.00

12.75
14.84

24.50
19.00

19.50
15.00


31.15
32.05
27.48
27.48
22.25
18,22


23.80
20.50
17.35

14.80
13.40
11.52


:21.75
:21.40
:19.15
:18.65
S16.65
:15.00

. --
:18.50
:16.50
:14.50

:13.00
:12.12
:11.00


13.50 :
15.65 :13,62


26.30
21.00

21.80
16.90


:22.00
:18.00

:17.95
:15.50


21.78
21.52
19.30
18.80
16.80
15.02


18.50
16.52
14.50

12.78
11.92
10,95


28.48
26.98
25.35
25.35
21.62
18.20


22.78
19.85
16.72

14.12
12.88
11.20


:22.92
:22.90
:13.58
:19.58
:16.30
14.15


18.30
:16.18
:13.88

:13.00
:11.75
:10.25


-- -- :12.62
13.62 13.05 :13.62


21.40
17.70

17.45
15.05


22.40
18.40

19.50
16.40


:21.00
:16.50

: 18.75
: 14.50


23.25
23.00
20.18
20.18
16.72
14.38


18.30
16.25
13.88

12.95
11.62
10.25

12.50
13.44

21.00
16.50

18.75
14.50


29.78
30.40
26.40
26.40
21.90
18.40


23.28
19.62
16.15

14.65
13.02
10.90

12.70
14.12

22.50
17.50

20.50
16.00


Feeder and stocker cattle and calves


19.50
16.50
15.00

16.75
14.00


19.50
16.50
14.80

16,65
13.80


23.42
20.42
17.55


:19.50
:17.50
:15.25


19.10 :17.00
15.70 :14.50


19.25
17.50
15,12

17.00
14.50


23.75
21.00
17.75

19.50
16.25


19.38
:17.25
:14.75

:16.75
:13.62


-- -- -- :.12.00 12.00 12.25 :11.38


21.00 21.00 22.50 :20.00 19.50 22.75 :20.50

17.50 17.50 19.00 :17.00 17.00 19.00 :17.00


19.38
17.25
14.75

16.75
13.62


23.25
20.62
17.75

18.75
15.75


11.38 12.25


20.50


22.50


17.00 19.62





HOGS: WEEKLY AVERAGE OF DAILY QUOTATIONS
--_ __------ In dollars per 100 pounds ____ ----------
---;-------------- -- I-----' -------------------~n
!nturior Iwn and .
Chicago southern Minnesota 1 ndianapolis
Classification Mar---. M- ar. : "-.----- "" ra.'
24 17 26 24 17 26 24 17 26
1956 1956 1955 1956 1956 1955 : 1956 1956 19F.
--------------------------- ------,,----- ------ ------- ,- -- -
Barrows and gilts -
U.S.No.1 160-180# 12.84 11.65 16.52 :11.36 10.76 15.00 :12.75 11,38 16.72
2 and 3 180-200 13.86 12.65 17.32 :13.42 12.30 16.36 :13.84 12.65 17.62
200-220 13.98 12.75 17.32 t13.92 12.79 16.60 :13,98 12.73 17.6C
220-240 13.95 12.78 17,25 :13.60 12.47 16.34 :13.81 12.62 17.40
240-270 13.80 12.58 16.90 :13.19 12.05 15.79 :13.50 12.25 16.78
270-300 13.55 12.35 16.57 :12.70 11.55 15.13 :13.05 11.90 16.20
Sows -
300-330# 12.10 11.65 15.68 :12.35 11.25 14.50 :11.75 10.92 15.00
360-400 11.85 11.15 15.32 :11.35 10.78 13.97 :11.40 10.62 14.82
450-550 11.15 10.58 14.58 :11.03 10.13 12.82 :10,25 9.82 14.28
Pigs Stockerr and feeder)-
Gd.&Ch. 70-120- -- -- -- -- -- -- --
Gd. & Ch. 70-120# .
--- -- -- ------------------- ------------------------------------ ,,,,, ,--,
SOmaha N St. louis A Sioux City
$ National Stock Yards
---------------------------------------------------------------- --------------------------
Barrows and gilts -
U.S.No.1 160-180# -- -- -- :13.35 12.30 17.35 : -- --
2 and 3 180-200 14.45 13.30 17.18 :14.04 13.00 17.46 :14.10 13.1; 16.85
200-220 14.45 13.30 17.18 :14.07 13.05 17.47 :14.45 13.30 16.95
220-240 14.45 13.30 17.05 :14.01 12.88 17.24 :14.45 13.28 16.95
240-270 14.08 12.92 16.55 :13.65 12.41 16.80 :14.08 12.98 16.35
270-300 13.70 12.48 15.95 :13.16 12.09 16.30 :13.55 12..2 15.'8
Sows -
300-330# 12.98 11.72 -- :12.20 11.38 15.35 :12.88 11,62 14.82
360-400 12.32 11.28 14.98 :11.82 11.00 15.10 :12.40 11.'5 1-.40
450-550 11.60 10.75 14.35 :11.02 10.25 14.40 :11.50 10.42 13.72
Pigs Stockerr & feeder)-
Gd. & Ch. 70-120# -- -- -- : -- -- --
S. St. Paul Baltimore N. Portland
.------.---------------- ------.i-- -- --.. --__. _. ........ .... .-------------- ----------.---- -----
Barrows and gilts -
U.S.No.l 160-180# 13 .20 12.50 16.98 :14.34 13.38 17. 4 :15.25 14.25 18.44
2 and 3 180-200 14.58 13.40 17.10 :14.75 13.78 18.06 :15.75 14.75 18.95
200-220 14.58 13.40 16.95 :14.85 13.78 18.06 :15.75 14.75 18.95
220-240 14.58 13.40 16.78 :14.78 13.50 17.69 :15.62 14.50 18.75
240-270 1..12 12.05 16.25 :14.22 12.88 17.19 :14.38 13.25 17.75
270-300 13.28 12.22 15.72 :13.06 12.00 16.44 :14.00 13.00 17.38
Sows -
300-330# 12.32 11.28 15.00 :10.94 10.29 15.56 :12.50 12.25 16.25
360-400 11.82 11.02 14.22 :10.94 10.29 15.56 :11.50 11.00 15.50
450-550 11.20 10.40 13.78 : 9.69 9.17 13.50 :10.50 10.00 14.88
Pigs Stockerr & feeder)-
Gd. & Ch. 70-120# 11.10 10.40 16.95 : -- -- 12.75 --




260
HOGS: AVERAGE COST. WEIGHT, AND NUMBER OF PACKER AND SHIPPER PIURC, ASA~ 1/
--. .. ......................
Louis Kan- S. S. 8-
Chi Natl. :as Omaha Sioux St. St. Indian- mkts.
Week ended cago Stock City City Joseph Paul apolis com-
Yards bined
AVERAGE COST Dollars per 100 pounds
Barrows Mar. 24,1956 13,72 13.82 14.13 14.04 -.1.0 1,.15 13.62 13.72 132.7
and M.r. 17,1956 12.53 12.70 12.94 12.94 12.87 13.00 12.64 12.58 12.72
gilts Mar. 26,1955 16.85 17.17 17.16 16.36 16.17 16.97 16.47 17.22 16.7.
-------------------------------------- ----------------- ------------------
Mar. 21,1956 11.668 .46 11.34 12.21 11,.92 11.96 11.68 10.64 11.;1
Sows Mar. 17,1956 10.95 10.67 10,79 11,13 10.71 10.93 10.63 10.06 10.71
Mar. 26.,1:55 15,02 14.80 149 .90 .._.149... .. 4......G.
AVERAGE WEIGHT Pounds
Barrows Mar. 24,1956 233 220 218" 224 2.-2 216 220 222 223
and Mar. 17,1956 236 219 217 227 234 216 220 224 224
gifts Mar. 26 1955 247 220 223 247 248 21 234 225 2
Mar. 24,1956 424 406 411 394 410 375 393 447 : 1.
Sows Mar. 17,1956 422 408 400 403 411 394 394 443 415
26.qr, 2 ,1355 429 406 438 422 420 401 394 444 41-
NUMBER OF HEAD -
Barrows Mar. 24,1956 32200 59513 12027 28469 22860 23876 52561 5/ 396 2, 9'=,
and Mar. 17,1956 34900 58094 10857 33032 26469 23866 52739 51715 291672
gilts har. 26.,1955 388.33 41355 6986 29481 25603 18110 41755 4141: 2435
Sow ar. 241956 46 3540 542 2846 1357 1297 3161 43'r6 2150.
Mar. 17,1956 5258 3469 729 2806 1153 1522 2876 3505 2131] -
9 2_ L1352..._ _..29.... .1883..... .5..250.. 2927 1154_ ...116.8.... 2791... _2. 9_0 _.160 ~
SOWS Percentage of total
Mar. 24,1956 12 6 4 9 6 5 6 7
liar. 17,1956 13 6 6 8 4 6 5 6
... .lar 2 195 8 ___......_4._ 9 __........ 9 ....-.......... 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
.. .. o d ,", Gross spread
--~--- LI--LI--~:-C----- ------------ ------------------ -----------~ ~~~~
Hog products 1/ Hog prices 2/ or margin 3/
................................--------
Mar. 24, 1956 16 .03 13.86 +12.17
Mar. 17, 1956 15.24 12.5 + 2.59
]'ar. 26, 1955 18.68 17.32 + 1.36
V ------------------- --------------------------------
1/ Value of all edible products, fresh basis (lard rendered) in 100 lb. of live hog com-
puted from wholesale prices on carlot basis, Chicago, reported by National Provisioner
daily market report.
2/ Mean of daily quotations on U.S.No. 1, 2 and 3 hogan 180-200 wt. Chicago.
3/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
@ l l ~ l -- i @ l ~ - -- - - --.. - --I I I
SBarrows and Corn, 1/ Hog-corn
Week ended gilts No. 3. yellow price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
------y.5----------------------- -----------------------
Har. 24, 1956 13.72 133.5 10.2
Mar. 17, 1956 12.53 130.5 9.6
Mar. 26, 1955 16.85 148.9 11.3
1/ iirqple '/ca'Icag price.





SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
: :Ogden
Chi I Omaha: Kansas t Fort : :North
ChicagCity : Worth enverSalt
:: : City : Worth : :Salt


Good and
Choice

EWES (WOOLED
Good and
Choice


Cull and M
Utility M
M
FEEDER LAMBS -
Good and M
,Choice M
M


- I -- _- _'_- -
down (WOOLED) -
Mar. 24, 1956 20.68 19.92 19.98 -- 19
Mar. 17, 1956 21.15 20.35 20.42 -- 19
Mar. 26, 1955- 24.06 23.40 22.95 -- 22
Mar. 24, 1956 19.98 19.10 18.85 19.75* 18
Mar. 17, 1956 20,42 19.50 19.30 20.10* 18
Mar. 26, 955 23.45 22.32 22.00 24,00* 21
) -


ar. 24,
ar. 17,
ar. 26,
ar. 24,
ar. 17,
ar. 25,


1956
1956
1955
1956
1956
1955


ar. 24, 1956
ar. 17, 1956
ar. 26, 1955


7.90
7.75
8, 25
6.00
6.00
6.75


6,75
7.00
8.50
4,75
5,00
6.75


-- 17.85
-- 18.50
-- 21.00


5,25
5.25
8.02
4.00


4.00
6.52


.72
.70
.86
.78
.80
.28


-- 8.90
9.50
-- 9.50
6.22
6.92
-- 6.38


261


&:South
:San
:Fran-


:Lake cisco


17.25
17.40
21.00

7,00
7.00

4.50
4.50


21.50
20.75*
18.00
20.25


7.00
7.50


-- 4.50


- 16.1f 18.00
-- 16.45 18.00
18.40 20.75


*Spring lambs.


Week ended


ESTIMATED PERCENT FEEDER AND STOCKER CATTLE
AND SLAUGHTER COWS IN SALABLE RECEIPTS
Ci : Kansas : : S. St. : St.Louis: Sioux :
Chicago CyNSY iOmaha
SCity : : Joseph :- NSY : City :_
Feeders and stockers


Mar.
Mar.
Mar.

Mar.
Mar.
Mar.




Mar.
Mar.
Mar.


23,
16,
25,

23,
16,
25,




23,
16,
25,


1956
1956
1955

1956
19E6
1955




1956
1956
1955


Mar. 23, 1956
Mar. 16, 1956
Mar. 25, 1955


3 36 13
2 32 8
4 34 9
Slaughter
6 9 12
6 8 11
10 9 8
Indian- : Denver: Fort
SDpois : Worte
apolis : : Worth


Feeders


and st


13
13
16
cows
10
10
11
SOk


8
8
4

17
13


20
17
18

10
8


14 5


la.


i: _City
rockers


7
8
7

28
27
33


: : San
Wichita San
: : Antonio


7 8 35 45 38 35
Slughter cows
12 8 15 11 18 25
10 12 12 12 18 25
21 8 13 15 21 27
- - - - - -


LAMBS -
Choice
Prime


110?
and


M
M


S. St.
Paul


--


-"


--
--
--


--





262
NEW YORK WHOLESALE MEAT TRADE REVIEW
Western Dressed Fresh Meats

Trading was at a standstill and fresh meat operations were virtually para-
lyzed at the week's opening as the worst storm of the year blanketed the Metro-
politan area. Subsequent to Monday, however, trade was fairly active. Rocoipts
of steer beef were of about the same volume as during the previous week, with
offerings of cow beef somewhat reduced. Supply of veal, calf, lamb and fresh pork
ranged from mostly moderate to small. Trading in beef lacked stability while
prices of other classes worked higher, with sharp upturns on veal, calf and fresh
pork loins. Compared with the previous Friday: Prime steer beef $2.25 to $3.00
higher, other grades steady; cow beef unchanged; veal $1.00 lower to $3.00 higher;
calf $1.00 to $4.00 higher; lamb $1.00 to ;3.00 up; pork loins $5.00-6.00 higher,
other fresh pork cuts steady to $2.00 lower.
Good and Choice 700-900# steer carcasses predominated and only token quanti-
ties of Prino beef were available. Prices on Prime carcasses and wholesale cuts
were sharply higher, while Good and Choice sold about in line with previous week.
Ribs and short loins sold dependably, while trade was slow for arm chucks and
rounds. Bulk of cow beef offerings, low-Commercial and Utility, held about steady
under pressure, but sellers found ready outlet for the small volume of high-Com-
mercial.
Prices on most veal and calf worked upward, with early clearances. Higher
prices wore posted on lamb offerings, and the advance was well sustained through-
out the week. Bulk of Western dressed lamb weighed 50# and below, and cleared at
a38.00-42.00, with 55 to 65# at 436.00-39.00, some spring lamb bringing $43.00-
48.00.
Shipnonts of fresh pork were reduced in both packer and independent wholesale
establishments. Fresh loin prices worked progressively higher as the result of a
fair inquiry. Trading on other fresh pork cuts, however, was less active and
small concessions were necessary to clear stocks of fresh skinned hams, spareribs
and Boston butts.

Locally Dressed Fresh Meats

Early production of locally dressed fresh meats was curtailed, due to adverse
weather conditions. Later slaughter figures, however, indicated about normal out-
put of beef, calf and lamb as compared with the previous week, with some reduction
in hog slaughter. Trading returned to normal activity following the Monday session
when the severe snow brought trade to a virtual standstill. The non-kosher beef
trade was rather featureless, with a particular lag on some cuts late. Advances
were recorded in veal, calf, lamb and fresh pork prices, while kosher classes
moved dependably, with action brisk in spots, and prices mostly higher.
Steer carcasses 700# up grading Choice predominated, with Prime offerings
scarce along with 600-700# carcasses. Hindquarter prices showed little change,
but Prime sold steady to strong. Ribs and short loins moved into both retail
channels and hotel supply outlets, with selected lots usually selling higher. Arm
chucks and rounds sold under pressure, while outlet for hips was limited as out-
of-town accounts were isolated. Current prices on kosher forequarters, arm chucks
and ribs are mostly higher, with maximum upturns on Prine offerings.
All grades and weights of veal and calf cleared readily at fully steady
prices. 'fcaknoss was apparent, however, toward the close, but mainly on lower
grades. Lamb prices held mostly steady, with considerable strength on carcasses
55# down. About 10 to 15% of the total kill consisted of spring lamb which found
ready outlet. Prices of kosher lamb foresaddles advanced, with demand fairly
broad and early clearances the rule. Prices showed upturns of as much as $5.00.
Sup-ly of locally dressed fresh pork was moderately reduced, and fresh loins
cleared readily at daily upturns. Other primal fresh cuts, however, usually showed
easiness. Host retail Interests participated in the fresh loin trade and daily
clearances were usually complete.




263
CHICAGO WHOLESALE MEAT TRADE REVIEW
Total offerings of all fresh meats were of about the same volume as a week
earlier. Good and Choice grades predominated in beef, with weights over 700- well
represented. Early in the week the local beef supply was augmented by carloads
which could not be moved East because of heavy snows there. Bulk of the veal was
Commercial to average-Choice. Volume of lamb and fresh pork was cnly moderate,
some spots reporting shortages of butts and loins. Prices on all classes except
beef turned upward, influenced more by higher replacement costs than by a broader
demand. Trade on lamb, veal and pork locally was only fairly active, but clearances
will usually be complete. The week's tops of $40.00 for pork loins arn $31,00 for
Boston butts were highest since February 1, this year. Closing quotations on Choice
and Prime dressed lamb are the highest since December 9, 1955. Small offerings
Prime beef were usually broken into primal cuts. Trading on carcass beef grading
Choice and lower was slow for the most part. Demand for beef loins and ribs 354
down expanded considerably with prices as much as $2.00 higher. Trade on chucks
and rounds was less active and a carryover of chucks is anticipated. Compared to
last Thursday's close: Beef about steady; veal steady to mostly $1.00 higher; lamb
$1.00 to 2.00 higher; pork loins 8-16# $4.50-5.00 up; Boston butts $2.50-5.00
higher; spareribs 3# ard down steady to 50( higher.
Choice and Prime squarecut beef chucks cleared at $24.00-26.00; Prime rounds
$40.00-41.00, Choice $37.00-38.00; Prime loins $82.00-85.00, Choice $56.00-62.00;
Prime ribs $56.00-58.00, Choice $39.00-42.00; Choice and Prime kosher style chucks
$26.00-29.00. Lamb hindsaddles brought $47.00-53.00; legs $44.00-50.00; loins
$55.00-62.00; hotel ribs $48.00-53.00.

PACIFIC COAST WHOLESALE MEAT TRADE REVIEW

Supplies of most fresh meats were adequate for a reduced pre-Easter demand.
Bulk of the steer beef offerings consisted of Good and Choice carcasses under 600#
in the San Francisco area. Cow beef was rather scarce at all points. Trading was
slow at Los Angeles and fair in other areas, with considerable price resistance
causing buyers to await future developments. Cooler stocks were moderate to small
with kills being curtailed due to the Lenten season. Prices compared with the pre-
vious Friday: Steer beef largely steady to $1.00 higher, instances 500 lower on
Choice at Los Angeles; veal and calf mostly steady; lamb steady, some sales $1.00
higher in the Northwest; fresh pork loins $2.00-5.00 higher; other fresh pork steady
to $1.00 higher; cured pork and lard mostly steady except smoked skinned hams $1.00
higher at Los Angeles.
Choice steer carcasses under 700# cashed from $31.00-35.00, few under 600-L
$36.00 at San Francisco; Good 500-700# $28.00-32.00; Commercial $26.00-30.00, Com-
mercial cow. sold mostly at $24.00-27.00, Utility $22.00-26.00; Canner and Cutter
$18.00-23.00.
Good and Choice veal carcasses under 150# brought $37.00-46.00, few Choice
$49.00 at Seattle; Good and Choice calf under 300# $31.00-44.00. A few Choice and
Prime spring lamb carcasses brought $38.00-42.00 at San Francisco; Choice and Prime
old crop lamb under 58# $33.00-39.00 in California and up to $41.00 in the North-
west; Good all weights $30.00-38.00. Closely trimmed pork loins under 16# bulked
at $39.00-42.00; shoulders under 16# $24.00-30.00; Boston butts under 8# $29.00-
36.00; spareribs under 3# $34.00-41.00; smoked skinned hams under 18# $45.00-52,00,
few tc $54.00 at Los Angeles; slab bacon under 10# $28.00-40.00; sliced 1# pack-
ages $34.00-4 .00; smoked picnics under 8# $26.00-33.00; lard in 1# cartons $13.50-
18.00.


I- I





WHOLESALE DRESSED MEAT PRICES: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
-------------------------------------- ---------------------------------------------------
New York Chicago San Francisco
;-----------------------c-- --------------
Classification Mar. Mar. Mar.:
24 17 26 24 17 26 24 17 26
1956 1956 1955 1956 1956 1955 1956 1956 1955
. .------- ----- -.Beef. --..- -- -..-.. .. ..--- -.
Beef -


600-'00#
700..800


Choice 500-600
600-700
Good 350-600
Com'I. v
Cow, all wts. -
Commercial
Utility


Choice

Good
Pork Fresh -


Loins 8-10 av.
10-12 '
12-16 "
Butts 4-8 '
Pork Cured -
Hams, smk., skd. -
12-16# av.
16-18 "
18-20 *
Bacon, smk.. slab -
6-8# av.
8-10 '
Sliced 1 # pkg.
Picnics, smoked -
4-8# av.
Backs, D. S. -
16-20# av,
Lard, 1| cartons -
Refined
Substitutes


Steer -
Prime


25.00 24.00

14.00 13.50

15.50 16.00


40.62
39.00

33.25
29.50
28.00

26.00
24.00

40.90
36.10
30.70

39.10
37.20
38.90
37.20
36.80

38.20
38.20
37.50
27.70


47.00
43.50

--,

34.50
35.70


36.80
36.80
32.50
32.50
28.05
26.25


49.50 :
49.50 :
40.20 :35.00
42.20 :33.00
35.10 :32.25
31.95 :29.00


-- -- :26.00
-- -- :23.00


S8.00
36.00

33.65
30.00
28.00

26.00
24.00

40.50
34.70
30.50

37.00
35.00
37.00
35.00
35.00

33.70
33.70
32.90
28.40


47.50
46,00



32.50
36.50


-. :.6.75
50.50 :36.75
-- :32.30
43.40 :32.30
37.70 :27.55
33.50 :26.25

29.90 :
25.90 :

44.20 :41.50
37.80 :36.80
33.20 :33.80

45.70 :38.15
45.70 :35.70
44.00 :38.15
44.00 : 35.70
41.80 :35.25

43.90 : 37.20
43.90 : 37.20
42.40 :36.85
34.70 :26.90


49.00 : 50,10
45.00 :49.30
-- :48.75

:31.35
37.50 : 28.40
46.50 :35.60

33.00 :28.40

14.50 :11.75

16.00 :14.25
.. : 25.00


33.00
31.80
30.50
28.00

26.00
23.00



43.00

38.00
37.00
38.00
35.00
35.50

38.50
39.50
39.00
34.00


50.00
48.90


38.00
36.00
40.00


28.80 33.40 :28.00 28.00


40.50
39.00
38.00
35.00

30.00
27.00

--

41.00

44.00
41.50
43.00
41.00
39.50

46.80
44.80
42.50
39.00


52.20
49.80
--

53.00
46.00
51.00

34.00


11.75 11.50 :


14.38
25.00


14.95 :17.25
28.00 --


17.25


17.50


Note: Quotations at New York exclude locally dressed meats.


40.90
36.00
33.00

37.05
34.30
37.05
34.30
33.60

33.20
33.20
32.30
24.30


50.20
49.50
48.80

31.45
29.20
36.00


Veal -
Prime
Choice
Good
Lamb .
Prime


80-110#
v r
A *

40-50#
50-60
40-50
50-60
all wts.


43.50 :
40.30 :
36.60 :43.00

44.20 :38.00
42.40 :37.00
43.20 :37.00
40.70 :35.00
39.00 :35.50

41.90 :39.00
41.90 :41.50
40.90 : 39.00
33.10 :34.00


48.05 :50.00
46.25 :49.50
46.20 :

44.40 :38.00
41.65 '36.00
48.60 :40.00


-- --


..-.-.-.-.-.-.--- --------- ------------------- ---- -------------- ------ -- --- --- --- --- ---





BOSTON WOOL MARKET REVIEW


Movement of greasy domestic worsted wool in the Boston market was further
curtailed as approximately five oars of various graded wools were moved. Al-
though trade was dull, a firm undertonewas evident throughout on domestic and
foreign wools with some new business from the New York cloth market, The few
sales locally were mainly to vertical mills while topmakers remained inactive.
Activity continued in New Mexico, Arizona, California and scattered sections of
the Territory states, while severe storm conditions halted operations in most of
the Fleece wool states.
Cabled reports from Australia indicated a firmer tone as Japan and the Con-
tinent dominated with good support from the United States and England. New Zea-
land quotes advanced up to 22P with the Continent, England and the United States
buying. South African prices held firm with good general competition, while
prices on South American markets remained firm but with trading slow.
Fleece Wools Graded 56/58s good French combing and staple Fleeces at 53/
were estimated to cost around $1.00 clean basis, while graded 50/54s good French
ard staple moved at 52% and 53%, grease basis, and cost clean from 935 to 95/.
A graded low 1/4 blood 46/48s strictly staple wool sold at 93# clean basis.
Country buyers were paying 40# and 42e grease basis to the growers,
Territory Wools Graded 64s good French combing and staple Territory wool
sold at a clean price ranging from $1.26 to 1.30 while graded low 1/4 blood
46/48s strictly staple wool brought 97% clean basis. A substantial volume of
Arizona wool sold at grease prices ranging from 41 5/8/ to 45a to the growers,
The estimated clean costs delivered Boston ranged from $1.22 to 41.28 for fine
wool and from l.12 to $1.22 for crossbred wools. Mixed clips in Idaha sold at
45# grease basis, delivered Fasiernl11l New ol'p Bakersfield, California
wool sold at 40% to 46 3/40/was paid in the Los Banos section,
Texas Wools Turnover of Texas wool in Boston and Texas was formant.
Mohair A car or two of Mohair moved in Texas at 78Q% to 811~ for Adult and
88&6 91i' for Kid Mohair to the warehouse.
Sales of CCC 1^'ools The Commodity Credit Corporation announced on March 22,
that aDproximately 470,000 pounds of C.CC. owned wools were sold, from bids
received on a total of about 3,400,000 pounds. The grades, quantities and sales
price ranges (before discounts, if any) follows

Pounds Price Range
Graded Territory fine staple and good French 10,386 ~132
Fl-ece staple and good French 50/54s 244,077 4t1,001 1,003
I" "i 48/50s 42,759 .97 *9925
Scoured shorn Fleece 3/8s staple and good French 146,052 1,081 1.097
pulled woolen type 60s 26,140 1.17
Foreign Wools Spot Buenos Air,'s greasy 44s sold at 85/ and 687# clean
fibers present in bond while greasy New Zealand 44s brought 79# clean in bond and
greasy Australian 44s sold at '1.00 clean basis, duty paid. Greasy B.A. 36/40s
Fleeces were offered for shipment at 83% clean basis while super Monte 60s and
58/60s were offered at 66# grease basis in bond for shipment. Firm offerings
frou. Australia quoted type 57 at $1.16; 58s at :l.13; 423/2 at iL.04 and 433/2
at 102; New Zealand type 834 at 87%; 100 at 83#; 107 at 83#; 114 at 83% and
128 at 83#. Firm offerings from South Africa follows type 17 at 1 ,27; 22 at
11.22; 27 at 1.18; 28 at 1.16; 32 at "1,16 and 33 at 1,15. Above quotes
based on clean' U.S. yields, in bond.
Tnrpet 'ools There was a sharp advance in quotations of Carpet wools as
Pew Zealand Fl3ces were priced at 87# clefn fibers present while 7hite Vicaneer
Pakistan/India wools were quoted at 88# for shipment and Buenos Aires shippers
were asking 82# for March and 83 for November second clips "nd Carpet Fleeces.
Spot super White Vicanear wobl was priced at 93/ clean fibers present.


_




266


CLASSIFICATION OF LIVESTOCK SLAUGHTERED UmDER FEDERAL INSPECTION I/


S Number_(000 omitted)_ _:
:: s Jan.-: :
SFeb. Jan. : Feb. : Feb. Feb. : J
_ 1956 : 1956 : 1956 : 1955 : 1956 : 1


Cattle:
Steers
Heifers
Cows
Bulls & stags
Total 2/
Canners & cutters 3/


Hogs:
Sows
Barrows & gilts
Stags & boars
Total 2/
Sheep and lambs:
Lambs & yearlings
Sheep
Total 2/

I/ Based on report
3/ Included in ca-


803
230
426
25
1,484
202

320
5,567
36
5,923

1,136
27
1,163


896
260
512
29
1,697
258

375
6,296
34
6,705

1,300
29
1,329


tLs rm pcicklurs. 2
ttle classification.


1,699
490
938
54
3,181
460

695
11,863
69
12,627

2,436
56
2,492


618
221
450
24
1,313
214

190
4,425
23
4,638

1,055
25
1,080


54.1 .
15.5
6,.7
1.7
100.0
13.6

5.4
94.0
.6
100.0

97.7
2.3
100.0


Percent
: Jan.-t
an. : Feb. :
956 : 1956 :


52.8
15.3
20.2
1.7
100.0
15.2

5.6
93.9
.5
100.0

97.8
2.2
100.0


53.4
15.4
29.5
1.7
100.0
14.5

5.5
94.0
.5
100.0

97.8
2.2
100.0


/ Totals bascd on rounded numbers.


Region


PERCENTAGE DISTRIBUTION, BY CLASSES, OF CATTLE SLAUGHTERED
UNDER FEDERAL IIISPECTION
: : Bulls and Canners &
: Steers : Heifers : Cows : Cutters
Stags
: :all classes
: Feb. : Feb. : Feb, : Feb. : Feb.


: 1956:
Pct.
N. Atlantic States,. 65.0
S. Atlantic States.. 56.9
N.C. States -Eastern 59.1
N.C.States-N.Western 52.5
N.C.States-S.Western 63.8
S. Central States... 44.1
Mountain States..... 25.7
Pacific States...... 57.1


1955:
Pet.
54.6
51.4
50.0
48.5
60.9
31.4
22.3
48.7


1956 : 1955: 1956: 1955: 1956: 1955: 1956: 1955


Pct.
2.3
4.0
6.3
19.2
15.8
14.0
48.6
23.6


Pct.
32.2
35.4
32.7
27.1
21.1
44.7
20.2
21.7


Pet.
41,0
38.8
41.9
31.0
22.6
51,2
27.0
25.7


Pet.
1.4
4.5
1.8
1.5
.5
3.2
1.6
1.6


Pct.
2.1
5.8
1.8
1.3
.7
3.4
2.1
2.0


Pct.
1,4
3.2
6.4
18.9
14.6
8.0
52.5
19.6


Feb.
1955

47.1
16.8
34.3
1.8
100.0
16.3

4.1
95.4

100.0

97.7
2.3
100.0


Pet.
19.2
22.4
15.2
11.0
7.3
29.2
7.2
8.0


Pct.
24.8
25.4
19.4
10.4
9.5
34.0
12.9
9.1




267


SPRING SOW FARROWI-TGS NINE STATES


Prospects for the 1956 spring pig crop in 9 Corn Belt States are reported to
be'7 percent below 1955 in contrast with the 3 percent decrease indicated last
December, according to a March 1 report released through the State-Federal Crop
Reporting Service. December to February farrowings are down 1 percent from 1955.
Producers now plan to decrease farrowings for the period March to Vay by 9 percent.
Breeding intentions for summer litters June to August are down 8 percent. The num-
ber of all hogs on farms March 1, 1956 in the 6 States for which comparable 1955
data are available was 2 percent above 1955. On January 1, 1956 the increase in
all hog inventories was 6 percent but heavy marketing since then and a decrease
in winter farrowings left March 1 inventories only a little above a year earlier.
Hogs 6 months old and older on farms March 1 were down 4 percent. Pigs 3-6 months
were up 15 percent. The March 1, 1956 inventory of hogs and pigs over 3 months old
was up only 4 percent. However, the increase in market hogs and pigs over 3 months,
excluding sows and gilts for spring farrowing, was 8 percent. The 1955 fall pig
crop was 10 percent above the fall crop of 1954.
SnRITG SOW FARPOWINGS 9 STATES, WITH COMPARISONS

Dec.-Jan.-Feb. I/ I March-April-May 2/ : December-May (Incl.)
State 1955 : 1956 I 1955 1 1956 : 1955 : 1956
: o. : ITo. : of: No. : No. : of: No. : No. of
:(000) :(00o) ( 1955 :(000) :(000) : 1955 :(OOO) :(000) : 1955
Iowa............. 406 369 91 1,576 1,355 86 1,982 1,724 87
Ohio............ 155 162 105 231 239 103 386 401 104
Indiana......... 297 302 102 286 287 100 583 589 101
Illinois........ 258 260 101 693 681 98 951 941 99
Wisconsin....... 88 83 94 267 226 85 355 309 87
Minnesota........ 130 114 88 546 467 86 676 581 86
Missouri........ 159 190 119 320 346 108 479 536 112
South Dakota.... 34 27 79 324 256 79 358 283 79
Vansas.......... 42 45 107 94 80 85 136 125 92
Total 9 States.. 1,569 1,552 99 4,337 3,937 91 5,906 5,489 93
Total 6 States.. 1,221 1,173 96 3,462 3,096 89 4,683 4,269 91
1/ Refers to December of previous year. 2/ Intentions reported as of March 1.
SOYS TO ARROW (June-August) and rJMBER HOGS ON FARMS
March 1, 1956, 9 States, with Comparisons


State


Sows to Farrow : March 1, 1956 Numbers on Farms
: June-July-Aug. I/ :
S1955 : 1956 : All Hogs :Hogs over 6 Mo: Hogs 3-6 months
No. o. : of: No.: % of No. of: No. : of
(000) .0001 ) 2 955 (000) : 1955 .( 000l 1955: (000) : 1955
._ .. .1%2 _-- .. .. .


Iowa ............


581


525 90 9,944 100


4,249 94


3,120 117


Ohio............ 176 170 97
Indiana.........: 337 324 96
Illinois........: 346 335 97
Wisconsin....... 111 99 89
Minnesota........ 202 191 95
Missouri........ 228 189 83
South Dakota.... 49 34 69
Kansas........... 42 34 81
Total 9 States.. 2,072 1,901 92
Total 6 States.. 1,619 1,508 93
T/-Intentions reported as Zf-March 1.


2,915
4,651
6,348
1,807
3,085
3,900
935
839
34,424
26,674


-- 695
103 1,321
109 2,258
100 517
97 1,415
1,080
-- 540
107 194
S-- 12,329
102 10,014


100
107
85
90


82

96


1,140
1,210
2,250
620
870
1,550
220
345
11,325
8,415


--
103
113
125
119


131
-115
115


|
|




268 UNIVERSITY OF FLORIDA

3 1262 08734 5476

















WESTERN LIVESTOCK REVIEW CONTINUED FROM PAGE 253

Demand for slaughter steers and heifers at terminal markets was less urgent
than in recent weeks, and although advances of 50 to $1.00 were registered in the
Northwest, late prices at other centers were steady to 500 higher, with heifers up
most. Sales of those classes at California feedlots were steady to 500 lower. Cows
closed mostly steady at terminal markets; vealers and slaughter calves steady to
500 higher. Stockers and feeders sold readily at steady to 500 higher prices.
Butcher hc.s advanced 500 to $1.25. Old crop wooled slaughter lambs closed strong
to 506 higher at Denver, mostly steady at other terminals.
Sales of Good and Choice slaughter steers at terminal markets ranged from
t16.50-20.50; most heifers of the same grades $15.50-19.00, scattered lots average
to high-Choice at Ogden 11.20-19.50. Utility and Commercial cows bulked from
$11.00-14.50; Canners and Cutters $9.00-11,00. Good and Choice vealOrs brought
$20.00-26.00, few Choice to t28.00 in the Northwest. Good and Choice stocker and
feeder steers ranged from $15.00-19.50, bulk $16.50-19.00; same grades stocker and
feeder heifors $15.00-16.75. Most Good and Choice stock calves brought $17.50-
20.00, few heifer calves of the same grades $16.00-18.00.
Choice slaughter steers brought $19.00-21.00 at California feedlots, 8 loads
high-Choice 944# carrying a few Prime in Southern California at $21.50 for irTmediato
delivery, Most Good steers earned t18.00-18.50. Good and Choice slaughter heifers
brought $16.00-18.50, load high-Choice $19.50. A few loads of Good to mostly Choice
yearling stock steers sold in Northern California at $19.00, about 150 head Good to
Choice 650# Montana yearling steers $16.00.
Hixcd lots of U. S. No. 1 to 3 180-240# barrows and gilts sold late in the week
at $15.50 in S. San Francisco and Stockton; $14.75-16.00 at Los Angeles; $15.25-
16.50 at Portland; $15.50 at Spokane; $14.75-15.25 at Ogdcn; and $14.25-15.50 at
Denver, A few Choice spring lambs brought $20.50-21.00 at Denver and S. San Fran-
cisco, lead Choice 96# Idahos 120.25 at Ogden. Choice and Prime wooled slaughter
lambs brought $19;75 at Denver late, few to $20.00; Good and Choice at other termi-
nals $17.00-19.25. About 14bCOO California spring lambs have been sold or con-
tracted so far this season; several bands selling this week at t18.00-19.00, few
contracts at $18.00 drawn for delivery up to Jurfe 1 for all lambs scaling 60# up at
grower's option. A few leads of Good and Choice old crop slaughter lambs brought
$16.00-17.00 in the Imperial Valley during the week, these carrying No. 1 pelts and
selling FOB Valley at 4o shrink.




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