Market news

MISSING IMAGE

Material Information

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:
AA00012178:00012

Related Items

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


This item is only available as the following downloads:


Full Text










Juusd LIVESTO CK DIVISION W.eeA




J MARKET REVIEWS AND STATISTICS
Vol. 24, No. 14 April 3, 1956
Week ended March 31

Page
Livestock Market Reviews. . 270
Livestock Market Receipts (with monthly totals) 272
Feeder and Stocker Statistics .. 273
Steer Sale Statistic. (with monthly totals) 2V4
Estimated Slaughter and Meat Production 276
Slaughter at Major Centers . 277
Cattle Prices . ... 278
Hog Prices .. . 279
Hog Purchase Statistics (with monthly totals) 280
Sheep and Lamb Prices .. ... ... 282
Estimated Perc-ntage of Feeder and Stocker Cattle and
Slaughter Cows in Salable Receipts.. .. 282
Wholesale Meat Trade Reviews. . 263
Wholesale Meat Prices . .. 285
Wool Market Review .. ... .... 286
Special to this issue
Federally Inspected Slaughter and Pevised Estimates of Meat
Production, by weeks, February 1956 . 277
Prices Received by Farmers, March 15, 1956. 287
Effective Parity Prices, March 15, 156 .... ..... 287
United States Federally Inspected Slaughter and Meat
Production, February 1956 . 288
Livestock Slaughter Meat and Lard Production,
February 1956 . . 289







U. S. DEPARTMENT OF AGRICULTUREz 0
AGRICULTURAL MARKETING SERVICE
LIVESTOCK DIVISION
Washington 25; D. C.

i: ..a.-Ag|




270
MIDWEST LIVESTOCK MARKET REVIEW
Trading on slaughter cattle was fairly active and daily supplies were usually
well cleared. Second smallest weekly receipts of the year and anticipation of
some improvement in the dressed beef trade after Lent and current non-slaughtering
holidays were influences in the week's advances of 50-t1.00 or more on fed steers
and heifers, instances up t1.25-1,50 on steers. Hog marketing were smallest of
the year and prices strengthened for the fifth straight week. Butchers closed
unevenly steady to l.00 higher, mostly 25-750 up. Supplies of wooled slaughter
lambs decreased but demand was also curtailed and late prices were steady to 00
lower than a week earlier,
SLAUGHTER CATTLE AND CALVES
Cattle receipts decreased and the week's run was with one exception smallest
of the year. The reduction in marketing plus the fact that trade members antici-
pate some improvement in dressed beef prices following Lent and kosher non-
slaughtering holidays influenced price upturns of 50-t1.00 on steers and heifers,
instances on steers t1.25-1,50 up. Cows brought firm to 50 or more higher prices
while bulls sold mostly steady. Vealer prices were slightly uneven, with little
net change for the week. Trading on most slaughter classes was fairly active and
daily supplies usually cleared quite readily.
Average weights of beef steers continued well above those of a year ago. The
general trend in recent weeks, however, has been toward lighter average weights,
and with the proportion of high-Choice and Prime longfed steers gradually decreas-
ing, indications point to a cleanup of longfed offerings in feedlots in the near
future. Prime steers made up only about 4 percent of the beef steers at Chicago
during the week compared with about l-I just three weeks ago, and the average
weight during the same three weeks dropped from 1168 to 1131l. Total number of beef
steers at the seven markets a week ago was for the first time this year below that
of a year earlier, but the total during the week under review was somewhat larger
than the corresponding week a year ago.
Prime 1100-1450# steers cashed at Chicago from t23.00-25.50 with four loads
of 1125-1280# weights reaching t26,00, highest price there in four months. Good
and Choice steers bulked at Chicago from l17.00-21.50. At other midwest terminals
a scattering of high-Choice end Prime steers brought *20.00-22.50, one load Prime
1148# at Omaha t23.25, most Good and Choice offerings cashing at those markets
from $16.50-20.00.
STOCKER AND FEEDER CATTLE AND CALVES
Small to moderate receipts of stocker and feeder cattle and calves at terminal
markets were not much different in volume from either the previous week or a year
ago. Shipments of steers to the country from Kansas City totaled 4,304, compared
with 4,565 the previous week and 4,613 a year ago but dealers at that market still
had a moderate number on hand going into the weekend. Although a large percent of
the over-all supply continued to be made up of Good and Choice offerings, quality
in general was at a somewhat lower level as only a limited number graded above low-
Choice* Yearling stock steers continued to predominate. Feeder steers over 800#
were seasonally scarce and fewer well-bred, partly-fattened two-way steers were
available than during the previous week. The average weight of all steers 500# up
shipped ,r ansas City was 699#. Only 9 percent of these weighed above 900#, and
only*l3. were in the 800-9004 weight range. More or less of a two-way
pgid' trend ofeloped. Substantially stronger prices for fat cattle encouraged an
aggressive dem for feeder steers 7504 up and the limited numbers on offer sold
steady to 500 higher. Meanwhile, continued dry weather over a widespread area
was a major factor in slowing demand for stockers, and even though moderate
supplies often proved a supporting factor, prices generally were steady to 50O
lower. Current price relationship between fats and stocker and feeder classes,




271
while still not favorable, has shown some improvement compared with recent weeks.
At Kansas City, the average price of all stocker and feeder steers 500# up was
$4.05 under a year ago while the average price of all slaughter steers on that
market was $5.78 under a year ago. Good and Choice feeder steers P00v up sold
from $16.00-19.00, those above l48.00 usually carrying considerable flesh. Good
and Choice yearling stock steers ranged from $16.00-20.50, a few short yearlings
upward to 21.25. Choice steer calves brought t22.00-23,00, heifer calves large-
ly $18.50 down. On stockers, prices were reduced as weights increased. This was
illustrated by a six-load string of Good and Choice yearlings which sold as
follows: One load 498# t20,40; two loads 555# $19.40; and three loads 635#
t18.40,
HOGS
Combined salable receipts of hogs were smallest since last September but
were moderately larger than for the same week last year. Prices advanced for
the fifth straight week, with upturns most pronounced at eastern Corn Belt markets
where butchers closed 500 to as much as l1.00 higher than a week earlier. Trend
at western Corn Belt points was unevenly weak to 400 or more higher, mostly
steady to 25# higher. Prices at a number of trading centers reached the highest
levels since last October. Sow prices varied from 258 lower to 1,00 higher,
bulk 25-500 up. Bulk of the 180-250t butchers usually sold within about a 50#
spread. Lots grading U. S. No. 1 to mostly 2 were in liberal supply, particular-
ly in the western Corn Belt area, and frequently sold 500-$1.00 above mixed No. 2
and 3 lots of the same weight.
The average weight of barrows and gilts at 8 markets for the week was 222#
compared with 236# a year ago. The average weight for the month of March was
224# or lightest for a March since 1940 when compilation of such data for the
8 markets was started. At St, Joseph where the proportion of butchers under
200# has been unusually large, the month's average weight of 217# was lightest
for a March since 1937, Stocker and feeder pigs at S. St. Paul were strong to
500 higher, Good and Choice cashing from 411.00-12.00, some reaching t13.00.
At Sioux City, prices were steady, Good and Choice 130-150 selling from t12.50
to mostly t13.00. At Memphis prices advanced 50#-,1.00, Good 70-130 cashing
from $10.00-11.00, Common and Medium 48.00-9.50.
SHEEP AND LAMBS
Receipts at the 12 markets were moderately smaller than either last week
or a year ago. A sizable number of spring lambs was marketed, but old crop
offerings still predominated. Despite moderate upturns in wholesale dressed
lamb prices, trading on live lambs and sheep was dull at steady to 500 lower
prices. Poor demand resulting from the observance of Lent and kosher holidays
was a bearish factor in the trade. Lambs over llO were in reduced Supply, but
were still discounted up to $2.00 per cwt. for around 130# averages. Good to
Prime fed wooled lambs sold at $17.00-20.50, mainly at 01P.00-20.00, with some
around 120# cashing at t19.00 at Chicago. Cull to low-Good wooled lambs turned
at 10.00 to t18.00.
Choice and Prime spring lambs sold largely at 19,00-22,25, a few 50-60f lambs
up to $30.00 at St. Louis National Stock Yards. Good to Prime shorn lambs carry-
ing No. 2 to summer shorn pelts sold at 417.00-19.25, with freshly shorn offer-
ings down to t15.50. Slaughter ewes bulked at $4.00-7.50, a few as high as
$8.50. Good and Choice feeder lambs brought 418.00-18.75. A few lots of short-
term bred ewes cashed at 411,50 and t12.00 a head.


Continued on page 289.




272


RECEIPTS, SALABLE AND TOTAL OF LIVESTOCK AT PUBLIC STOCKYARDS
Month of March


Market

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


Cattle
S Salable t Tot
3 1956 : 1955 1 1956 I


167,373
16,775.
51,643
30,070
35,879
85,825
52,234
141,750
57,417
69,562
95,120
87 857


187,660
16,392
60,660
38,696
37,139
79,954
44,994
175,169
63,468
72,265
102,686
99 721


176,676
20,563
65,615
43,179
36,180
113,185
58,695
144,799
57,847
83,325
99,214
91.308


al
1955
189,56
21,37
70,04
53,45
37,45
116,22
48,69
180,00
64,67
85,10
105,05
101.81


Calves
I Salable Total
:1956 i 1955 j 1956 L 1955
3 5,706 5,831 7,760 9,471
9 4,909 5,291 4,910 5,831
,4 2,563 4,019 3,685 4,478
2 6,074 10,907 9,935 15,004
15 4,661 6,244 4,661 6,244
!8 5,776 6,841 9,978 15,599
'1 4,358 6,055 4,682 6,055
)9 4,124 4,437 4,252 4,766
1 3,713 4,330 3,885 5,149
)6 14,302 16,353 17,862 20,242
'1 2,355 2,064 3,617 2,351
2 4, 138 _48,4184 _4195 s 091.


891,505 978,804 990,586 1073,461 102,679 120,856 121,422 116,106


Hogs


- -- ---- ---- _---1 ---- -


Chicago 198,048 227,263
Cincinnati 77,842 65,707
Denver 11,468 13,922
Fort Worth 14,061 9,862
Indianapolis 254,597 245,298
Kansas City 55,217 38,869
Oklahoma City 21,133 17,567
Omaha 161,528 175,633
St. Joseph 125,778 101,666
St. Louis iSY 296,598 231,006
Sioux City 135,129 143,863
S. St. Paul 269,749 232,799


249,625
80,418
52,331
71,737
254,597
62,794
90,029
289,696
167,440
326,120
167,585
293,717


275,488
70,107
51,693
67,274
245,298
47,785
56,149
252,268
131,845
262,321
160,024
258,615


32,016
1,827
100,164
81,339
4,761
32,488
11,873
46,877
12,933
12,773
25,970
45,784


56,372
1,277
122,655
117,736
4,730
26,753
13,044
76,340
14,548
15,887
45,057
43,772


45,483
4,567
138,834
99,560
6,349
69,293
26,948
62,837
55,555
44,704-
34,599
68,2140


Total 1,621,1481 2,106,089 408,805 656,969
503,455 1,878,867 538 ,171 _759
INTERIOR IOWA AND SOUTHERN MINNESOTA


Hogs


March 1956.. ..


Sheep


1,669,000 115,100


March 1955. 1,487,500


Total


Sheep


70,544
1,444
145,725
138,923
4,730
54,289
14,277
84,361
60,811
50,029
51,820
68 L9P2


128,500




WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS


: Cottle Calves Hogs Shbeep -
-----------------------------------
Mare Mar. Apr. Mar. Apr. Mar, Apr. Mar. Ap-r
31 2 31 231 31
19.56 1955 1956 1955 1 956 .. 19
Chicago...---..... 34,625 44,696 1,351 1,649 40,932 51,623 5,281 11,348
Cincinnati.......... 3,679 4,068 1,226 1,211 14,940 13,670 520 25':
Denver.--.---....... 11,844 12,218 728 601 2, 66 3,204 27,107 17,38-
Fort Worth.......... 7,457 9,697 1,539 2,340 3,197 2,497 20,688 47,18;
Indianapolis.------. 8,547 8,486 997 1,532 52,190 51,158 871 759
Kansas City-------- 20,602 19,750 1,445 1,183 1^,366 8,681 10,029 6,18"
Oklahoma City...... 12,804 11,176 1,048 1,509 4,907 3,385 2,465 4,24C
Omaha............. 34,755 36,465 898 915 34,791 37,029 12,172 13,73.Z
St. Joseph.--....... 14,540 15,331 1,027 1,150 30,202 21,593 2,601 1,383
St. Louis NSY_...... 17,418 16,370 3,326 3,987 65,095 49,105 3,269 3,942
Sioux City.----.... 23,426 21,848 497 588 28,179 29,144 4,102 6,339
S. St. Paul...--..... 17,948 22,203 7,926 11,429 45,391 48,123 10,294 8,775

Total --------..----207,645 222,308 22,008 28,294 336,866 319,212 99,399 122,146
Mar. 24, 1956 216,054 24,818 353,784 119,224
INTERIOR IOWA AND SOUTHERN MINNESOTA
Week ended: Hogs Sheep
Mar. 31, 1956 ................ 331,000 30,600
Mar. 24, 1956 .......-......-. 338,000 23,600
Apr. 2, 1955 .--------...... 297,000 21,700
FEEDER AND STOCKER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
-- - - ------------ VeeM1 E" e .n!. .. -T Rp .?-" -5
Week ended : Month : Three months
Mar. 29 Mar. 22 Mar. 31 Mar. Mar. Jan. Mar.
1956 : 1956 J 1955 1956 1955 :156 1955
Steers 1001- up 306 .464 1,157 1, 486 3,143 4,877 7, 285
901-1000 1,790 1,565 2,606 6,303 9,474 17,911 26,287
801-900 2,441 2,773 3,703 10,939 14,470 37,321 40,641
701-800 3,007 3,508 3,017 13,421 13,787 41,770 42,279
501-700 9,418 10,631 10,995 39,354 45,607 106,587 116,535

Total steers 10 mkts. ,962 18,941 21478 71,503 86,481 28,466 233, 027
Total steers 10 mkts. P I I
Av. wts. 704# 700# 730# 702# 716; ?11# 719,
Av.cost*" 16.97 $16.98 $20.88 $16.82 $20.41 $16.67 $20.00
" Chicago 17.77 17.55 21.04 1".22 20.18 16.97 20.07,
" "Ks. City 17.50 17.72 21.55 17.44 21.28 17.20 20.75
" "Omaha 16.86 16.39 20.68 16.66 20.54 16.47 19.97
" "S. St. Poal 15.87 15.93 19.19 15.59 18.65 15.20 17.98
Sioux City 17.74 17.73 21.59 17.49 20.89 16.93 20.40
Denver 17.15 14.89 21.71 16.02 21.26 17.30 21.92
"Ft. Worth 15.81 16.28 20.31 16.33 19.83 16.31 19.06
Okla. City 16.04 16.38 20.32 16.18 19.97 16.27 19.18
S. St. Joseph 16.29 17.28 21.13 16.65 20.28 16.46 19.78
Nat. Stk.Yds. 16.84 15.96 19.12 16.16 18.98 16.15 18.76
Total calves-10 mkts. 4,297 4,869 6,636 19,304 30,435 72,375 95,561
cows.
heifers, bulls-" 2,728 2,668 3,691 11,143 15,810 34,968 46,467
*- Not adjusted for differences in grade of cattle sold at each market.


273




274
--.-.BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER
Percent of Average weight Average price
I Average weight .
Number of head total in dollars
I .. ...b..y..gr s pound) per 100 lb.
Grade W--------eek ended------------- ----
Mar. Mar. Mar. rMar
29 22 : 31 : 29 22 31' 29 22 31 i 29 22 31
19.56 1906 1955 1956 1956 6 1955 1956 1956 1955. 1956 13956 1955
--------------------- H I CG .
CHICAGO


Prime
Choice
Good
Coa'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
Coa'l.
Utility
All grades

Prime
Choice
Good
Com'l.
Utility
All grades


992 1719 382 4.4 6.3 1.6 1241 1299 1219 23.28 22.40 31.14
12039 17431 13852 53.8 63.9 56.6 1186 1184 1141 20.09 19.36 25,76
7627 6482 8193 34.1 23.8 33.5 1066 1064 1006 17.85 17.35 21.93
1404 1432 1832 6,3 5.2 7.5 969 945 966 15.74 15.32 18.29
326 228 203 1.4 .8 .8 948 933 921 13.81 13.53 15.60
A2388 27292 2446_2 1..31 1..148 1082 19 .%22. 18,92 4
.------------...............OMAHA .................1/............................
52 74 113 .3 .6 .8 1209 1233 1288 22.96 22.65 29.04
10213 8335 6521 64.3 63.9 48.6 1142 1144 1133 19.21 18.37 24.55
4664 3552 5125 29.4 27.2 38.2 1332 1035 1023 16.99 16.70 21.57
706 896 1323 4.5 6.8 9.9 987 985 975 14.72 14.42 18.46
235 193 330 1.5 1.5 2.5 954 928 935 13.21 12.73 15.79
15870 .13050 13412 _100 .11.910 7? 18.J36..*1.716.2..7?
--.--. --......... if 0........................................
--- --------- ---------------.- Sa-ioux CITY- i.--1-
134 208 12 1.4 .2.9 .2 1455 1493 1084 21.35 21.11 29.00
5167 4063 1545 54.0 6.3 27.3 1176 1183 1144 19.21 18.80 24,80
3764 2670 3461 39.4 37.0 61.1 1099 1074 1058 17.39 17.05 22.32
406 221 485 4.2 3.1 8.6 1017 969 996 14.86 14.53 18.54
91 52 159 1.0 .7 2.8 919 1050 1036 13.55 13.04 15.95
9562 7214 5662 1140 1144 1076 18.35 18.13 22.58
..---- -------................. .S----.. .
KANSAS CITY 1/
-~5~---,-- ,,,,,---------------------------------------------------- m -----------________
5 81 -- .1 1.2 -- 906 1216 -- 21.50 20.43 --
2025 3119 1948 29,3 46.9 39.7 1129 1114 1108 18.91 18.57 24.80
4206 2599 2504 61,0 39.1 51,0 1048 1068 1018 17.49 16.84 22.04
533 638 377 7.7 9.6 7.7 1049 1029 973 15.17 14.94 18.30
129 208 77 1.9 3.2 1.6 965 976 919 13.12 13.07 16.60
6898 6645 4906 1070 1085 1049 17.68 17 30 22.86
---- 1--- --- -- --- -- -- --- -- --- -- -- --- -- -- --- -- --- -- -- --- -- -
............ST. LOUIS NSY 1/
-- -- --- --- --- -- -- -- -- -- --
2607 1988 320 38.6 30.5 8.2 1126 1131 1090 18.47 18.24 25.25
3074 3223 2652 45.5 49.5 67.7 990 1000 1008 17.03 16.93 22.41
931 1187 880 13.8 18,2 22.5 949 960 941 15.45 14.91 19.16
144 114 66 2.1 1.8 1.6 8.5 829 746 13.36 13.07 15.61
6756 6512 3918 1034 1030 995 17_37 __1_6_97 21.8
----- ----------------------S ST JOSEPH-1/- -
S. ST. JOSEPH 1/
40 14 17 .5 .2 .3 1354 1045 1144 20.50 20.00 26.50
2907 2567 2898 40.7 46.6 51.3 1136 1126 1121 18.96 18.62 24.71
3417 2428 2324 47.9 44.0 41.1 1066 1056 1014 17.42 17.04 21.4;
662 456 345 9.3 8.3 6.1 981 950 978 15.27 14.54 17.54
111 48 68 1.6 .9 1.2 912 835 883 13.25 12.77 15.19
7137 5 513 5652 1L.6 1078 1J66 17.86 17,60 22.,93
Continued.




BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER
--- Percent of A ve e w A average price
S, Average weight
Number of head total (pounds) in dollars
j (pounds) .
.by grades per 100 lb.
Grade- -------------- -------------------------------------- ---------
Grade --Month
--- ----. .- ..----- .----- ....-- -- -------------. --. --- ---.---.--.----.----.
Mar. Feb. Mar. Mar. Feb. Mar. Mar.: Feb.: Mar. Mar. Feb.: Mar.
1956: 1956: 1955 1956 1956 1955 1956 1956: 1955 1956 1956 1955
.....-------------------------------- -.---------. -----------------------.-------
CHICAGO
Prime 9543 20564 1792 8.8 17.0 1.7 1307 1278 1184 22.10 21.90 31,27
Choice 60966 68138 58514 56.0 56.4 55,4 1189 1187 1138 19.41 18.88 25.80
Good 31240 25985 36268 28.7 21.5 34.3 1068 1059 1015 17.37 16,82 22.12
Com'l. 5644 4655 7952 5.2 3.9 7.5 975 1003 962 15.23 14.71 18.28
Utility 1418 1439 1140 1.3 1.2 1.1 980 977 892 13.53 13.27 15.40
All grades 1088e1 120781105666 1151 1166 1081 1P.89 18.85 24.12
OMAHA 1/
Prime 41 1597 225 .8 2.3 .3 1251 1275 1258 22.36 21.55 29.58
Choice 36455 38011 33334 58.6 54.1 47.4 1154 1157 1130 18.78 18.22 24.57
Good 20951 25007 30509 33.7 35.6 43.4 1050 1083 1026 16.82 16.24 21.53
Coa'l. 3444 4682 4963 5.5 6,7 7.0 983 1014 959 14.45 13.87 17. 7
Utility 851 885 1313 1.4 1.3 1.9 932 930 915 12.68 11.71 15. ?
All grades 62172 70182 70344 1056 1121 1070 21.82 17.29 22.74
SIOUX CITY_- -----------
Prime 1044 1586 171 2.9 4.9 5" 1379 1295 1264 21.14 20.52 22.42
Choice 18422 15137 12694 51.6 46.5 38.7 1190 1177 1133 18.84 18.47 24.16
Good 14518 13562 17420 a0.' 41.7 53.0 1095 1083 1068 17.12 16.68 21,69
Com'I. 1385 1757 2037 3.9 5.4 6.2 1001 1014 1000 14.?0 14.30 17.71
Utility 304 499 521 .9 1.5 1.6 969 1001 990 13.01 12.16 15.00
All grades P567?3 32541 32843 1148 1132 1091 18.07 17.58 22.41
Al grades _----------- ---,- ---- -- ---.-..--.......................... _.-...--.....-.. .
---- -------------KANSAS CITY 1/
Prime 166 139 26 .6 .4 .1 1244 1075 1208 20.24 20.12 27.14
Choice 11262 11400 8733 39,8 35.4 44.0 1110 1113 1114 18.36 17.77 24.64
Good 13364 14620 9435 47.2 45.4 47.5 1054 1062 1012 16.93 16.31 21.65
Com'l. 3015 4900 1489 10.6 15.2 7.5 1024 1018 971 14.98 14.84 17.87
Utility 524 1157 177 1.8 3.6 .9 980 1052 906 13.04 12.62 15.79
All grades 28331 32216 19860 1073 1083 1053 17.28 16.52 22.75
--.. ... .. .. ... _. ..ST. LOUIS NSY 1/- - ..
Prime 6 42 -- -- .2 -- 1102 1126 -- 21.23 21.82 --
Choice 7910 5371 1743 29.6 21.6 9.0 1128 1087 1092 18.36 18.26 24.99
Good 12875 14496 11915 48.2 58.3 61.7 1011 1033 1002 16.84 16.40 22.20
Com'l. 5311 4416 4997 19.9 17.8 25.9 952 968 943 15.00 14.44 19,23
Utility 628 520 616 2.3 2.1 3.4 858 906 84113.03 12.54 15.95
All grades 264 30 24845 19301 1030 1031 989 16.92 1643 21.57
S. ST. JOSEPH 1/
.. ...... ... ................. .S AT- !-.... ........--------- ...-- ...... ..------
Prime 151 47 27 .6 .2 .1 1224 1394 1174 20.21 20.16 26.74
Choice 102C4 8981 11025 40.7 35.8 44.2 1132 1136 1111 18,65 17.90 24.38
Good 11554 11748 11559 46.0 46.8 46.3 1066 1099 1017 17.07 16.35 21.10
Com'l. 2802 3769 2040 11.2 15.0 8.2 991 1030 1014 14. -2 14.44 17.14
Utility 385 555 302 1.5 2.2 1.2 900 954 880 12.'3 12.37 14,52
All grades 2096 25100 24953 1083 1099 1057 17.49 16.58 22.25
Continued.





BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER
S----Percent of : :
I Percent of


: Number of head :


total


Average weignu
: j


_- ._y grades : qL_
Grade -_ Week ended
: Mar. Mar. : Mar.
t 29 1 22 : 31 : 29 : 22 : 31 : 29 : 22 : 31 :


Average price
in dollars
er 100 l Ib _

Mar.
29 : 22 : 31


: 1956: 1956t 1955: 1956: 1956: 1955: 1956: 1956: 1955: 1956: 1956: 1955
DENVER I/


Prime -- 8 --
Choice 3656 2768 2894
Good 1250 1055 734
Com'l. -- 64 100
Utility 40 18
All grades 4946 3913 3728

Grade : Mar. Feb.: Mar.:
G 1956: 1956: 1955:


Prime
Choice
Good
Com' 1.
Utility
All grades


8
13224
5269
290
70
18861


34
12793
4856
330
22
18035


24
13046
4274
419
22
17785


-a
73.9
25,3

.8

Mar.
1956:


70,1
28.0
1.5
.4


2
70.7
27.0
1,6
,5


77.6
19.7
2.7


Feb.: Mar.:
1956: 1955:
DENVER /-


.2
71.0
26.9
1.8
.1


.1
73.4
24.0
2.4
.1


1159
1080

999
1138

Mar.
1956:

1039
1151
1075
989
964
1126


1039 --
1141 1108
1073 1043
977 980
882 --
1118 1091
Feb.: Mar.:
1956: 1955:


1112
1155
1125
1018
938
1144


983
1100
1047
1014
892
1085


19.19
17.59
--
14,27
18,77
Mar.:
1956:

21,50
18.64
17.07
13.98
13.42
18.14


21.50
18.60 24.49
17.24 22.0'
14.95 16.37
12.25
18.18 23.84
Feb.: Mar.
1956: 1955


21.00
18.40
16,63
13.34
11.12
17.85


25.50
24.39
22.53
16.50
14.03
23.78


!/ These summaries developed from data collected on marketing of fed cattle
by the Agricultural Estimates Division.


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION

Beef Veal Pork : Lamb :Total
: : (excl.lardi : and Mutton : eat
Num- I: : um-: : Num-: r Num-: d
Prod. Prod. Prod. Prod. :prod.
ber j ber : ber : : ber :
1.000 mil.lb. 1000 mil.lb. 1.000 mil.lb. 1.000 mil.lb.mil.lb.
6 339 188.1 145 15.2 1,238 162.7 273 13.4 379.4
6 341 191.0 150 15.8 1,291 169.6 289 14.2 390.6
6/ 355 199.5 146 15.3 1,445 191.0 261 12.8 418.6
5 330 178.1 152 16.0 1.062 149.6 272 13.3 357.0


-3 -4 -4 -4 -6
-5 -5 +17 +9 0
Average weight (lb.)


-6
+1


Percentage change from:
Mar. 24, 1956 -1 -2
Apr. 2, 1955 +3 +6
s _


Week
ended

Mar. 31, 1956
Mar. 24, 1956
Mar. 17, 1956
Apr. 2, 1955


--- -- -~- -


Cattle
: *
: Live .Dressed:
1,005 555
1,010 560
1,015 562
966 540


Calves


Ho


Live :Dressed: _Live
190 105 231
190 105 231
190 105 232
189 105 243


gs i
:Dressed
131
131
132
141


Tota
lard
Iprodl
mil. .I1
42.1
42.6
51.9
37.9


-3 -1


+6
:Lard


+11
= =I


: Sheep :yield
Sand lambs_ _:per
: Live :Dressed:100 lb.
105 49 14.7
104 49 14.3
104 49 14.2
106 49 14.7


I/ Actual slaughter and revised estimate of production.


276


Week
ended


Mar.
Mar.
Mar.
Apr.


31,
24,
17,
2,


195
195
195
195


- -


2/ Excludes lard.






Mor-4_q a,% 0 0 c
OrNC-JO% =O"OC 0\ C -- ,Or-
4% 9 ft %\ wt 6% 4% ft 0% ".o
- ,\ C\\0 O --I O c -
,-1 r- -I O


I GO,,O \,j 0 O C\J 0
* .1- r-4 0o O o (o\
mr ,- -I CO O- ,o

r-l H-1 ,r) UN
HC'J~r~*


i ie
bJ
z






jb




e'

w
I-k
o I




2
'ti




I
4 I
aZ



0 -


























Lr
I
i3 <


1

I



'I


1 1

'rd
*s d
II




SI
!* I


277


IP, I
_1 o ,r- 0 MaMc


S1o I0
cM C J O \O CM -O ioLnvC 0 I \0 -Co lntc-- j I
Nc Oamco ac- r-O--m--t-S- r- m \I o ,r- r -I
- O O O O\ cr\ OO \M 00 -m N 0 i
,6% % % ,% % 9% ft 0% 4% 0% ft ^% ,%S,% W%
r-. n ,, \0 r \ co ,- ON ,,- \ m o, -.
r Hl i- H Cj C C r c\
iC cJ



l-~( o o,,o 0'. \0 0 -.0 O ',H r" ,-tI Oc I
_o: ,N -0 =- in a-o G\0 00 (Y\-q \0
,, r -t0i C1- in ol c --"I r- -r- R_ cl., Rocm
O IAcoJCo 01 \ --T clrO-.t--I \0r--,OI H m C.N lA 0






Lr\ CN 0 rlf 0f l a*% \0 H c CIO C'J mr -" Hl CQ r-l H C- o "










o \ ., ,--o H c '.i -c 0 C' 0
o coco lrr \ cn '1--t C0-I- CO.O C
ft 9% 4%6 9 % ft.6%6%.9 ft ft ft % O t ^ ft
cO V- 0 0 irq C '0-ZH -Z a-C \ rv- mQ M M :np4 0N
.L\ cO oe cJ-- rnec O -IA- CcA Oj r-t Pn H Ir\ 0

Hir H
e r 0 C4 r.- -'O m0 '0 -I
,M H--nlco c, j O q c- ) \o Oocoo rO0"c \0,oC- -a'
CM l r H--3 .- r- "- O'N--'-O mooH---&:t O 0"Or- .



% % % ft 1 ft ft 0% t % w% t 09% 1 f 0%
Hn H -H C\(H : M'D % D 0


















C. -
C .-- -'LV\ L- L CMj r NC) M Go \- O0 C- \0 G',\0 C
cc lr,- cc') \ z0 c\ C- H ---0 c o '-i o '.co ,4 0">co '.
in \ in a\ rn C* % ^l ---t \0. t- 0 00 01 C-1 0


r-l r-i i0 %A I



Io cc C~ j c p r" -T r-1 C 0O\ 0\, a
*l ,ZfI r-rl OI i C\ r c- C0 \I L- 0 NO

'Lin u00 c r- \ U\ 03 \O0 CI--- tO'\-- -


_* (*




I
H o C\ IC H CI I r-Aio M t) H r-l O C- In


co LOA CC) kO% 0CC)C rp000 0\j H ---I ChOD E--"C 01\

I I CM II I CI r- l I it I- -4Hl- H IA


C C





do co U L) (A ch in 0 9
< C ( rl^


- a P- H CU ,. TO

P 14L I-4r r4


o I # *1

4 I

_0 I .,
o JtI I
i vrA< 4 AAcl i


I








4 I
I
I




278


CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS


In dollars per 100 pounds

S Chicago Kansas City Omaha

Classification Mar. : Mar. : Apr. : Mar. Mar. Apr. Mar. Mar. Apr.
31 24 2 31 24 2 31 24 2
1956 195r 1955 1956 1956 1955 E 1956 1956 : 1955
.----..---------- -- ---- --------------Slau-ghte-r ca---ttle-, caves -an veal-ers...
Slaughter cattle, calves and vealers


Steers -


Prime 900-1100f
1100-1300
Choice 900-1100
1100-1300
Good 900-1100
Com't. All wts.


Heifers -
Prime
Choice
Good
Com'l.
Cows A


600-800#
U a
500-900
All wts.
II weights


Commercial
Utility
Canner & Cutter
Bulls All weights -
Good
Utility & Commercial
Vealers All weights -
Choice & Prime
Com'l. & Good
SCalves 500# down
Choice & Prime
Com'l. & Good


23.98
24.30
21.00
20.82
17.92
15.45

--
18.85
16.88
14.75

13.42
12,30
11.32

13.00
15.27

24.CO
18.80

20.10
15.45


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


30,65
31.50
26.45
26.45
21.42
17,88


23.42
20.22
17,35

14.75
13.28
11,45

13.95
15.95

26.60
20.90

21.70
16.70


I 22.42
: 22.20
:19.85
S19.72
S17,32
s 15.25

$ ---.,-
:18.72
:16.74
14.62

:13.00
:12.20
t11.12


S13.62

:22.00
:18.00

:18.00
S15, 50


21.75
21.40
19.15
18.65
16.65
15. 00


18.50
16.50
14.50

13.00
12.12
11.00


28.50
29.00
25.08
25.10
21.28
18.25


22.75
19.88
16.52

14.35
13.10
11.25


23.30
23.30
20.18
20.18
16.92
14.95

W-
18.72
16.68
14.30

13. 0
11.88
in. 3


S --. : 12.75
13.62 14.30 :13.71


22.00
18.00

17.95
15.50


23.30
19.00

20.00
17.00


1 21.00
: 16.50

: 18.75
s14.50


Feeder and stocker cattle and calves


Steers -
Choice
Good
Medium


500-800#
a*
500-1000


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


19.50
16.75
15.20

16.90
14.40


19.50
16.50
15.00

16.75
14.00


23.72
20.78
17.68


: 19.25
: 17.50
S15.25


19.65 :17.?0
16.20 :14,50


19.50
17.50
15.25

17.00
14.50


23.75
21,00
17.75

19.50
16.25


:19.45
:17.25
:14.75

:17. 00
:13.75


-- -- -. :1200 12.00 12.25 :11.50


21.00 21,00 22.70 :19.75 20.00 22.75 :20.50


17.50 17.50


19.40 :16,8c


17.00 19.00 :17.00


19.38
17.25
14.75

16.75
13.62


23.25
20.62
17.75

18.75
16.00


22,02
22.V0
19,58
19.58
16.30
14.15


18.30
16.18
13.88

13.00
11.75
10.25

12.62
13.62

21.00
16.50

18.75
14.50


28.80
29.35
25.32
25.58
21.52
18.50

00
22.82
19.52
16.25

14.75
13.00
10.62

13.00
14.38

22.50
17,50

20.59
16.06


11.38 12.25


20.50 22.50

17.00 1i.62


---




HOGS: WEEKLY AVERAGE OF DAILY QUOTATIONS ,ru
In dollars per 100 pounds
-------------------------I--------------------- ----------------------- ------------ "- -----------
SInterior Iowa and
Chicago southern Minnesota Indianapolis
Classification 4ar ._ -,Mar'. "Apr ~ -.-ar. -Mar. .Apr. --Mar. J Mar. -Apor.
31 24 2 31 2 1 2 31 24 2
1956 I 1956 1955 1956 1956_ 19F5_ 1956 1 56 *195r%


Barrows and gilts -
U.S.No.1 160-180#
2 and 3 130-200
20O-220
220-240
240-270
270-300
Sows -
300-330#
360-400
450-550


13.85
11.65
14.81
14.78
14.66
14.50

12. 2
12.46
11.66


12.84
13.86
13.98
13.95
13.80
13.55

12.10
11.85
11.15


16.95
17.68
17.70
17.50
17.12
16.76

15. 92
15.58
14.65


:12.73
S14.18
:14, 66
S14.35
:13.95
:13.45

13.11
S12,62
: 1161


11.98
13.42
13. 92
13.60
13.19
12.70

12.35
11.85
11.03


15.65
16.98
17.22
17.12
16.63
16.03

15.35
14.85
13.72


:13,52
:14. 80

:14.90
:14.48
14.05

12.60
:12.08
:10,98


12.75
13.84
13.98
13.81
13.50
13.05

11.75
11.40
10.25


17.32
17.90
17,90
17.78
17.25
16. C1j

15.75
15.22
14.80


Pigs Stockerr and ffeeder)-
Gd. &Ch. 70-120# -- : -- -- -- --
SS St. Louis
Omaha Natonal Stock Yards Sioux City
I I . I .i i i i I I I I I l I l I I I{ I I I I I I


Barrows and gilts -
U.S.No.1 160-180#
2 and 3 180-200
200-220
220-240
240-270
270-300
Sows -
300--330#
360-400
450-550


-- -- -- :14.30
15.11 14.45 1'.90 :14. 8
15.11 14.45 17.90 :14.90
15.11 14.4 17.68 :14.930
14.72 14.08 17.18 :14.62
_4.32 13.70 16.45 : --


13.48
13. c0
12.20


12.98 --
12.32 15.38
11.60 14.65


:12.75
:12.40
:11.58


13.35
14.04
14.07
14.01
13.65
13.16


17.69
17.88
17.86
17.66
17.29
16.73


12.20 15.78
11.82 15.52
11.02 14.75


:14.72
s14.92
:14.88
:14,52
:13,92

:13.30
:12.52
:11,82


14.10
14.45
14.45
14.0a
13.55


17.50
17, F8
17.48
16.82
16.08


12.88 15.68
12,40 15.22
11.50 14.18


Pigs Stockerr & feeder)-
Gd. &Ch. 70-120# -- -- -- -- : --
S. St. Paul Baltimore N. Portland
------- --- -- - II --- -t- -- -- -


Barrows and gilts -
U.S.No.1 160-180#
2 and 3 180-200
200-220
220-240
240-270
270-300
Sows -
300-3300
360-400
450-550
Pigs Stockerr & feeder)-
Gd. & Ch. 70-120#


13.45
14.96
15. GC
15.00
1^.72
13.72

12.62
12.28
11.68


13.20
14.58
14.58
14.58
14.12
13.28

12.32
11.82
11.20


11.68
17.80
17.68
17.50
16.92
16.28

15.38
14. 65
14.15


15.00
15. 50
:15.50
15.38
:14.75
:13,25

:11. 56
:11.44
:10.12


14.34
14.75
14.85
14,78
14.22
13.06

10.94
10.94
9.69


18.38
18.66
18.66
18.25
17.75
17.00

16.31
16.28
14.31


:15.38
:16. C0
:16,C3
:15.69
.14.50
:14.12


:13.00 12,50
:10.75 11.50
:10,50 10.50


11.25 11.10 17.60 :


15.25
15.75
15.75
15.62
14.38
14.00


19.12
19.75
19.75
19.47
18.62
18.00

16,75
16.00
15.12


,,


-i




290
HOGS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES 1I
------------------- --------.-----------
Louis Kan- S. S. 8-
Chi- Natl. sas maha Sioux St. St. Indian- mkts.
Week ended cago Stock Citya City Joseph Paul apois corn-
Yards bined
I9 I 9
AVERAGE COST Dollars per 100 pounds
Barrows Mar. 31,1?56 14.55 14.65 14.61 14.67 14.52 14.72 14.33 14.72 14,6C
and Mar. 24,1956 13,72 13.82 14.13 14.04 14.10 14.15 13.82 13.72 13.87
gilts Apr. 2,1955 17.19 17.57 17.40 17.10 16.78 17.36 17.12 17.62 17.28
--- ----------------------------------------------------------------------
Mar. 31,1956 12.18 12,02 11.87 12.66 12.44 12.30 12,10 11.35 12.06
Sows Mar. 24,1956 11.68 11.46 11.3, 12.21 '11.92 11.96 11.68 10.6- 11.51
Apr... 2,.955 1.5..21512. 15.2. _8....8.__, 4A7.7_..4._8.5..j_5 ,3.9..14...8.4.I.,92...4502
AVERAGE WEIGHT Pounds
Barrows Mar. 31,1956 233 218 217 224 232 216 218 221 222
and Mar. 24,1956 233 220 218 224 232 216 220 222 223
g11ts Apr,.2. 955 246 221 229 245 49 234 236 228 236
Mar. 31,1956 429 409 403 405 393 385 390 436 412
Sows Mar. 24,1956 424 406 414 394 410 375 393 447 413
Apr. 2 19 55 425 409 4 42_ _4_ _4_09 _4_03 ,396 441_ 41
NUMBER OF HEAD -
Barrows Mar. 31,1956 31881 59032 13304 29502 24335 26907 39187 46698 270846
and' Iar. 24,1956 32200 59513 12027 28469 22860 23876 52561 54396 285902
gilts Apr. 2,1955 42365 41959 8215 _31811 24498 19275 41213 45252 254588
S Mar. 31,1956 4516 3461 752 2806 1408 1599 2504 3945 20991
Sows ar. 24,1956 4416 3540 542 2846 1357 1297 3161 4346 21505
Ayr.... _2.,.1955... ..9-8.-... 2583 ..... 2. _j...3.1_ 4.... 178 ._. _4.38 ....316-3.... 3 8.3.. 94.2.
SOWS Percentage of total
aar. 31,1956 12 6 5 9 5 6 6 8 7
Miar. 24,1956 12 6 4 9 6 5 6 7 7
-. ---.. Apr. 2- .?95 9 6 4 9 7 7 7 6 7
I/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG, COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
---------. -:. "-"' G-ross spread
SHog products 1/ :Hog prices 2/ or margin
Mar. 31, 1956-----------64 -- -----i5.9
Mar. 24, 1956 16.03 13.86 + 2.17
Apr. 2,,1955 18.95 176.....8 + 1,27
.--------------------------------------
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 180.2001 wt, Chicago.
T/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
Barrows and Corn, 1/ Hog-corn
Week ended gits No. 3. yellow- price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
Mar. 31, 1956 14.55 136,4 10.7
Mar. 24, 1956 13.72 133,5 10.3
Apr. 2, 1955 17.19 146.2 11.8
_/ Simple average price.




81
HOGS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
---- -...-------- -----------..... .- ........--. ----------- ------ .------
I S t
S Louis K*n- S. S. 8-
onth C- Natl ss Omaha Sioux St. St. Indian- : mkts.
cago Stock City City Joseph Paul apolis com-
Yards bined
I I i i -- @ . . m .. l i i-.. .- - ----- @ i i l o
AVERAGE COST DolaLr. per 10i pounds
Barrows Mar. 1956 12.98 13,27 13.50 13.2. 13.19 13.46 13.04 13.21 13.20
and Feb. 1956 12.28 12.58 12.45 12.F2 12.20 12.59 12.24 12.48 12.41
gilts Mar. 1955 16.11 16.38 16.37 15.95 15.65 16.29 15.95 16.19 16.09
Mar. 1956 11.24 10.96 11.08 11.59 11.28 11,34 11.02 10.52 11.09
Sows Feb. 1956 10.62 10.31 10.43 10.56 10.16 10.60 10.13 9.83 10.33
Mar. 1955 14.37 14. 34 14.34 14.20 13.80 14 .3.33 13.75 14,14
AVERAGE WEIGHT Pounds
Barrows Mar. 1956 235 219 218 227 233 217 221 222 224
and Feb. 1956 239 220 222 231 237 221 223 222 227
gilts Mar. 1 955 246 _220 225 248 2_ 50 230 232 26
----------------------------------------- ------------
Yar. 1956 426 411 409 404 4C5 386 396 442 415
Sows Feb. 1956 435 412 424 411 420 400 410 450 422
Mar. 1955 432 407 40 420 4 418 399 3 97 446 4 20
NUMBER OF HEAD -
Barrows Mar. 1956 156726 26P4?7 50796 139644 120336 114196 233708 211828 1301681
and Feb. 1956 185831 236881 485P.1 213554 151713 116328 26 372 222601 1441866
gilts Mar._ 1955 190921 20C,:34 35 8 U 1 F3654 12529 93771 2051 96 "' 07 1232823
-------- ---------------------------------------------------
SMar. 1956 21743 14989 2775 12035 .5543 6601 126':3 15571 91:40
Sows Feb. 1956 18718 14153 3088 13743 5706 7591 12062 13438 88532
Mar. 1955 15181 9985 1157 124 i 6173 5856 118L7 11662 74805
SOWS Percentage of total
Mar. 1956 12 5 5 8 4 6 5 7 7
Feb. 19EE 9 6 6 6 4 6 4 6 6
Mar. 19E5 7 5 4 8 F 6 5 5 6
.--.--A'J-.1^ 5 -------. ----- M. A -.---- -- .. M-- ---------.6 -5---- ----5 --------
I/ Weighted average.
MONTHLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG, COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
.............. : --- Gross spread
Hog products 1/ Hog prices 2/ or margin 3/
Marr I6--- M -I------- I---- $13. '"34
Mar. 1956 1! -79 ... ..2
Feb. 1956 15, 58 12.77 + 2.81
Mar. 1955 18.18 16.65 + 1,53
1 / Value of all edible products, fresh basis (lard rendered) in 100 lb. of live hog com-
puted from wholesale prices on carlot basis, Chicago, reported by National Provisioner
daily market report.
2/ Mean of daily quotations on U.S.No.1, 2 and 3 hogs 180-200o 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, 1/ Hog-corn
gilts 1/ No. 3, yellow price ratio
Month Dollars per Cents per based on
100 pounds bushel barrows and gilts
------------ ----------- --------- m--------- ----------- .- 9--------
Mar. 1956 12.98 2/131.1 9,9
Feb. 1956 12.28 125.9 9.8
_Mar. 1955 16.11 1n6.3 11.0
1/ Weighted average. 2/ Simple average.




Z82
"o *


SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
: : : iOgden &:South
Chicago: Omaha ;Kansas : Fort :Denver North :San
: : City : Worth : iSalt :Fran-
: : :Lake :cisco


LAMBS 1]
Choice ar
Prime

Good and
Choice

EWES (;,OOI
Good and
Choice

Cull and
Utility

FEEDER LAI,
Good and
Choice

*Spring


LOf down COOLEDD)
id Mar. 31, 1956
Mar. 24, 1956
Apr._ 2,, 1955
Mar. 31, 1956
Mar. 24, 1956
Apr. 2, 1955
.ED) -
Mar. 31, 1956
Mar. 24, 1956
Apr. 2, 2195E
Mar. 31, 1956
Mar. 24, 1996
Apr. 2, 1955
'BS -
Mar. 31, 1956
Mar. 24, 1956
Apr. _2, 1955
lamb, **Shorn bas


20,02
20.68
23.45
19,35
19.98
22.75


19.70
19.92
22.75
18,95
19.10
21.75


7,85 6.25
7.90 6.75
8.25 8.30
6.00 4.25
6.00 4.75
S6.75 6.40


-- 17.85
-- 21.12


19,38
19,98
22,50
18.25 i~
18.85 1
21.45 2

5.25**
5.25
8.12
4.00**
4.00
6.62


-- 16.15
-- 17.25


-- 19.50
-- 19.72


--
9.40*
9,75*
1.70*


22.38
18.53
18.78
20.95


8.62
8.90
-- 39.50
6.00
6.22
-- 6.38

-- 17.66


18.00
20.55


-- 21.00
16.95 --
17.25 20.75*
20.60 20.25


6,75
7.00

4.50
4.50


6,50


4.50


-- 16.00


Week ended


Mar.
Mar.
Apr.

Mar.
Mar.
Apr.




Mar.
Mar.
Apr.


30,
23,
1,

30,
23,
1,




30,
23,
1,


1956
1956
1955

1956
1956
1955




1956
1956
1955


ESTIMATED PERCENT FEEDER AND STOCKER CATTLE
AND SLAUGHTER COWS IN SALABLE RECEIPTS
C Kansas a : S. St. : St.Louis: Sioux :
Chicago Omaha
S: City : : _Joseph : SY : Cit :
Feeders and stockers
4 35 10 11 5 20
3 36 13 13 8 20
5 36 13 17 4 27
Slaughter cows
7 10 12 10 14 8
6 9 12 10 17 10
12 11 11 14 15 6


Indian- :
- _aEolis :

7
9
7


Mar. 30, 1956
Mar. 23, 1956
Apr. 1, 1P55


: Fort :
Denver
: -Worth s
Feeders and stockers
7 25
5 20
10 30
Slaughter cows
7 15


Okla.
City

45
55
55


11
11
15


Wichita


S. St.
Paul

5


10


:San
:Antonio


38 40
31 35
37 45


-i


I--


--


I, -,
1-


--


--




S283
NEW YORK WHOLESALE MEAT TRADE REVIEW
Western Dressed Fresh Meats

Receipts of Western dressed fresh meats were ample throughout. Trading was
mostly slow as retailers operated cautiously and volume accounts did not partici-
pate actively until late in the week when inquiry broadened for steer hindquarters
and some lamb cuts. Lamb supplies included a large percentage of spring lamb car-
casses. Increased unloads and limited outlet for veal and calf resulted in a very
dull trade. Lamb and fresh pork loins were quoted higher at the outset, and prices
on pork loins were well sustained, but mild easiness developed late on spring lamb.
Compared with the previous Friday: Steer and cow beef unchanged; veal steady to
$1.00 lower; calf steady to $4.00 lower; lamb steady to t2.00 higher; pork loins
$1.00-3.00 up; other fresh pork cuts steady to $3.00 higher.
Bulk of the steer offerings were average to low-Choice with a fair showing of
Good carcasses. Demand generally lacked urgency, but most wholesale cuts moved
out at steady prices, with rounds and arm chucks under pressure until late. Whole-
salers encountered considerable difficulty maintaining cow beef prices at steady
level.
Stocks of both veal and calf were moderate to normal. Prices of both classes
weakened, with the full decline of $4.00 reflected on lower grades of calf. Lamb
receipts were equally represented by old crop and spring offerings. The undertone
on old crop carcasses was firm, but part of the early advance on spring lamb was
lost in late trading.
The supply of Western dressed fresh pork was sharply reduced. Prices on
loins, spareribs and Boston butts turned upward, and the advance was well sustained
although some weakness developed temporarily on loins around midweek. Daily clear-
ances were generally complete.
Locally Dressed Fresh Meats

The pace of trading ranged from mostly fair to slow, with prices mainly steady.
Steer cuts, however, sold under pressure, and veal prices carried a weal undertone,
Easiness developed on lamb toward the close, while quotations on pork were slightly
higher. In a limited trade, kosher classes sold steady to strong. High-Choice and
Prime steer carcasses were scarce, with bulk of the reduced kill consisting of
Choice carcasses of virtually all weights. Most primal cuts sold at steady prices.
Sellers assumed firm price attitudes in transactions after midweek. Kosher pur-
chasers operated selectively, with prices no better than steady to strong.
Veal and calf prices carried a weak undertone but sellers were slow in making
concessions. A fair percentage of spring lamb carcasses was included in the week's
supply. Early prices for both old crop and springers were slightly higher while
easiness developed on the latter toward the close, particularly carcasses averag-
ing 50# up. Kosher lamb foresaddles sold at fully steady prices. Prices on most
locally dressed primal fresh pork cuts were higher and daily clearances were satis-
factory despite a near record production and an apparent lag in buyer interest
around midweek.
Slaughtering operations were interrupted during the week for observance of
the Jewish Passover, and volume of cattle and lamb slaughter was smallest of the
year. The calf kill was with one exception smallest this year.




284
CHICAGO WHOLESALE MEAT TRADE REVIEW

Moderate to normal supplies of steer and heifer beef, largely of Good and
Choice grades, proved fully sufficient for demand. Veal supply was normal, bulk
grading Commercial to Choice. Volume of lamb, pork loins, and spareribs was moder-
ate, but adequate. Limited offerings of Boston butts were in good demand, other
fresh pork cuts slow, Wednesday's decline in loin prices being the first in a month
Hindquarter cuts of lamb were in best demand, outlet for forequarter meat very nar-
row. Prime beef cleared readily but carcass trade otherwise was slow. In beef
cuts broadest demand was for ribs and loins. Daily advances on carcass beef were
influenced primarily by higher live and dressed costs and higher prices received
in advanced selling rather than increased local demand. Salesmen found it diffi-
cult to break beef profitably due to inadequate prices on various primal cuts. A
good clearance of most meats is indicated. Compared to last Thursday's close:
Beef mostly $1,00-2.00 higher; veal steady to $1.00 lower; lamb steady to $1.00
higher; pork loins unevenly $1.00 lower to 500 higher; other pork cuts steady to
$1.50 higher. Choice and Prime squarecut beef chucks sold mostly at $25.00-28.00;
Choice steer rounds $37.00-38.00; Prime loins $83.00-86.00; Choice steer loins
$60.00-66.00; Prime ribs $56.00-58.00, Choice $39.00-42.00; Choice and Prime kosher
style chucks $27.00-29.00. Lamb hindsaddles sold from $48.00-54.00; logs $47.00-
51.00; loins $52.00-59.00; hotel ribs $46,00-52.00.

PACIFIC COAST WHOLESALE MEAT TRADE REVIEW

Small supplies of most fresh meats were fully adequate for a narrow pro-Easter
demand. Choice steer carcasses under 600# and cow beef were in the most limited
supply in beef with veal scarce at Los Angeles and calf limited in the Northwest.
Volume of spring and old crop lrmb and fresh pork was liberal, but smoked skinned
ham supply was limited. Most activity was on lamb and smoked skinned hams. Prices
compared to last week's close: Steer beef largely strong to $2.00 higher, instances
$1.00 lower at San Francisco; cow steady to strong, few $1.00 higher in the North-
west; veal and calf mostly steady; spring lamb weak to $3.00 lower; fresh pork cuts
strong to $2.00 higher, few loins $4.00 higher in the Northwest and $1.00 lower at
Los Angoles; cured pork steady to $3.00 higher, most advance on bacon; lard steady.
Choice steer carcasses under 700# sold from $32.00-35.00, few under 600#
$36.00 at Seattle; Good 500-700# $30.00-33.00; Commercial $26.00-31.00; bulk Com-
mercial cow beef $25.00-27.00, some softboned to $28.00 in California and $30.00
at Seattle; Utility t24.00-27.00; Canner and Cutter $22.00-24.00. Good and Choice
veal carcasses under 150# brought ,37.00-47.00, few Choice $48.00 in the Northwest;
Good and Choice calf under 300# $34.00-39.00 in California and nominal in the
Northwest. Choice and Prime spring lamb under 55# sold at $39.00-46.00, no sales
over $41.00 in California; Choice and Prime old crop $33.00-37.00, few to $41.00 at
San Francisco. Closely trimmed pork loins under 16# brought $38.00-46.00, few to
$47,00 at Seattle; fresh skinned hams under 18# $45.00-50.00; shoulders under 16#
$24.00-32.00; Boston butts $28.00-35.00 at Los Angeles only; spareribs under 3#
$35.00-41.00; smoked skinned hams under 18# $47.00-53.00; slab bacon under 10#
t28.00-40,00, sliced 1# packages $36.00-43.00; smoked picnics under 8# $26.00-34.00
in California; lard in 1# cartons $13.50-18.00.




WHOLESALE DRESSED MEAT PRICES: WEEKLY AVERAGE OF DAILY QUOTATIONS 285
In dollars per 100 pounds
---------------- ------------------------ ------------------------- -------------------------
New York Chicago San Francisco
-- -- -- -- I----
Classification : Mar. Mar. Apr. Mar.a Mar. Apr. Mar. Mar. Apr.
31 24 2 31 24 2 31 24 2
1956 1956 1955 1956 1956 1955 195.6 1956 1955
-~-------------------------- ----------------------,,-,----------------;-----------


Beef -
Steer -
Prime


600-7C00o
700-800


I Choice 500-600
600-700
Good 350-600
Com'l. a *
Cow. all wts. -
Commercial
Utility
Veal -


Prime
Choice
Good
Lamb a
Prime


Choice

Good
Pork Fresh -


80-11 Of
N N


40-500
N N

40-50(1
50-60
40-50
50-60
all wts.


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. -
16-20f av.
Lard, 1# cartons -
Refined
Substitutes


40.62
39.00

33.25
29.50
28.00

26.00
24.00

41.00
36.50
29.90

40.60
38.60
40.60
38.60
37.00

41.60
41.60
40.20
29.50


46.50
44.50



33.00
38.00


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


-- : 37.55
50.50 :37.55
-- : 33.05
43.30 : 33.05
37.90 :28.75
33.50 : 26.95

30.50 : --
26.50 : --

44.00 : 41.50
39.70 : 36.60
36.40 : 33.60

46.60 :38.70
44.90 :36.a0
45.80 28.70
43.90 :36.40
43.20 : 35.90

47.00 : 38.20
47.00 :38.20
46.00 :38.00
35.00 : 29.90


52.00 : 50.40
45.00 :49.90
-- : 48.60

-- :30. 5
39.50 : 29.20
47.75 :35.30


25.00 25.00 32.50 : 28.55

13.00 14.00 14.50 : 11.75


16.00 15.50


16.00 :14.35


36.75
36.75
32.30
32.30
27.55
26.25


49.50
49.50
40.00
41.95
35.90
32,50


: 34.00
: 32.50
:32.00
1 29.00


--

35.00
33.00
32.25
29.00


--
40.50
39.00
37.40
34.40


- -- :26.30 26.00
- -- : 23.00 23.00


41.50
36.80
33.80

38.15
35.70
38.15
35.70
35.25

37.20
37.20
36.85
26.90


50.10
49.30
48.75

31.35
28.40
35.60


45.40
41.90
38.40

44.90
43.40
43.90
41.40
39.40

44.80
44.80
43.70
34.40


49.10
47.60
46.25

45.00
42.30
49.05


: i- m -
:43. 0 43.00

: 41.00* 38.00
: -- 37.00
-- 37.00
: -- 35.00
:39.00* 35.50


: 2.40
:44.40
S42.20
:34.00


S50.00
: 49.50


38.00
36. 00
40.00


28.40 34.20 :28.

11.75 11.60 :


14.25
25.00


15.45 :17.25
28.00 : --


39.00
41.50
39.00
34.00


50.00
49.50


38.00
36.00
40.00

28.00


43.00
41.00

44.00
41.50
43.00
41.00
39.50

49.00
48.00
45.50
39.00


53.00
46.00
51.00

34.00


-- --


17.25


17.50


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


Note: Quotations at New York exclude locally dressed meats.
Spring lamb.




BOSTON WOOL MARKET REVIEW


286


Trading continued slow in the Boston market as approximately nine cars of
various greasy domestic worsted wools were moved. There was some encouragement
as more potential buyers were looking around and showing interest in all grades
of fleece wools. Knitting mills were the principal buyers with bulk of sales in
50/54s fleeces, Prices were slightly easier for some grades. Movement of scoured
wools and noils was very slow with a tendency toward lower levels. Activity in
the Southwest States continued while severe dust storms in some of the territory
States halted shearing, Topmakers and dealers were active in the Roswell, New
Mexico section and in Bakersfield, California. Some lambs wool was purchased in
Texas. A good portion of the Arizona clip had been sold or contracted. Sales in
the fleece wool States resumed quietly after the stormy weather.
Auctions in Australia and New Zealand closed on March 22 and 28, respectively,
for the Easter holidays on a firm tone and good general competition, while South
Africa closed on March 29 with brisk and animated trading as prices advanced. The
South American markets were quiet during the Holiday season.
Fleece Wools Graded 56/58s good French combing and staple fleeces at 52#
and 53# in the grease cost clean from 98#-41.00 while graded 50/54s at the same
grease prices ranged from 930-98# clean basis. Country buyers were paying 40# and
42# grease basis to the growers.
Territory Wools Graded territory 56/58s good French combing and staple wool
sold around $1.06 clean basis while graded 50/54s good French combing and staple
cost $1.02 clean. Grease prices of Roswell wools ranged from 33-5/80-50-5/80 to
the warehouse and were estimated to cost around 41.25-1.28 for the better fine
wools and from 4l.15-1,18 clean basis delivered for the shorter fine wools. New
clip wools were purchased at 340-41# to the grower depending on shrinkage in
California. Colorado wools were purchased at 400-450 grease basis to the growers.
Texas Wools Original bag fine and fine medium Texas lambs wools sold around
t1.18 clean basis. Short 8 months wool in the Del Rio area at 46# in the grease
was estimated around 1l.11 clean basis delivered Boston, while better length lambs
wool cost 1.,20 clean, delivered.
Mohair A small quantity of mohair was purchased in Texas at 76-# for adult
and 86-2 for kid to the warehouse. Some dealers were offering 76f- for adult and
91# for kid.
Sales of CCC Wools The Commodity Credit Corporation announced on March 29,
that approximately 745,000 pounds of C.C.C.-owned wools were sold, from bids re-
ceived on a total of about 4,671,000 pounds. The principal grades, quantities and
sales price ranges (before discounts, if any) follow rice Ran
Pounds Price Range


Graded territory fine,staple and good French 22,595
average and good French 28,012
low 1/4 blood 14,189
0. B, Fall Texas, average to short 186,805*
Graded fleece 1/4 blood staple and good French 50/54s 91,476
1/4 48/50s 76,418
law 1/4 blood 11,939
Scoured shorn territory 1/2 blood staple &8 good French 23,731
S" 3/8s I" 23,643
fleece 3/8s blood staple and good French 180,535
*No more of this class now left in the inventory.


$1.30
1.2675
,971
$1. 05-1.0075
1,005-1.01
.9625- .991
,92
1,201-1.271
1.10 -1.14125
1,06 -1,13


Foreign Wools Spot greasy B.A. Ads fleeces sold at 850 and 864 clean fibers
present in bond. Greasy Buenos Aires November second clip 36/40s were offered for
shipment at 85# clean fibers present while IMontovideo supor-skl:'ted 60s were
offered firm at 66-3/4# grease basis in bond for shipmentt.




287
AVERAGE PRICES RECEIVED BY FARMERS FOR LIVESTOCK, FEED AND WCOL / 28
SMar. 15 : Feb. 15 Jan. 15 Mar. 15 L Average
Commodity and unit 1956 956 1956 1955 Jan 1947-
--- iDec. 1949
Farm prices -
Hogs per 100 lb. Dollars 12.30 12.00 10.90 15.40 21.90
Beef cattle 14.40 14.00 13,90 16.70 20.20
Calves 16.70 17.00 16,80 17.40 22.60
Sheep 6.28 6.00 5.78 6.91 9.15
Lambs 18.10 17.70 17.10 19,80 21,90
Wool per pound 2/.399 /.402 2 /.391 .490 .460
Corn per bushel 1.20 1.18 1.16 1.36 1.64
Oats .618 ,619 .622 .737 .852
Barley .925 .915 .924 1.08 1.37
Hay, all baled per ton 20.60 21.20 21,30 23.00 22.40
Cottonseed 46.80 46.20 45.50 53.40 71.60
Hog-corn price ratio 3_/ Ml 5a4
United States Bushel 10.2 10,2 9.4 11.3 13,6
N. Central States 10.4 10,2 9.3 11.7 14,5
Iowa 10.4 9,8 8.8 11.7 --
Index numbers: (Av. Jan. 1910 Dec. 1914 = 100) 1947-49
All farm products 230 226 226 243 271
Feed grains and hay 174 173 171 198 230
Meat animals 221 215 207 260 334
Prices paid by farmers -
All commodities 261 259 259 265 240
I/ Estimates of Crop Reporting Board. 27 Average local market price for wool
sold; does not include incentive payment to bring season average return to 620 per
pound. 3/ Number of bushels of corn equal in value to 100 pounds of hog, live wt,
EFFECTIVE PARITY PRICES FOR LIVESTOCK, FEED AND WOOL _I
: Base : Effective parityprices 3J
Commodity and unit : period : Mar, 15 : Feb. 15 : Mar. 15
Srice 2/_-: 1956 1956 1955
Hogs per 100 lb. Dollars 7.47 21.10 20.90 21.40
Beef cattle 7.55 21.30 21.10 21.40
Calves 8.30 23.40 23.20 23.50
Lambs 8.30 23.A0 23,20 23.50
Wool per pound 4/.214 603 .599 .596
Corn per bushel 5/.642 6/1.74 6/1.73 1.83
Oats .301 .849 ,843 .866
Barley .472 1.33 1.32 1.35
Cottonseed per ton 24.70 69.70 69.20 71.60
1 Parity prices are computed under the provisions of Title III, Subtitle A
Sec-ion 301 aa) of the Agricultural Adjustment Act of 1938 as amended by the Agri-
cultural Acts of 1948 1949 and 1954. 2] Adjusted base price 1910-14 derived from
120 month, January 19A6-December 1955, average, (including an allowance where ap-
propriate for unredeemed loans End other supplemental payments resulting from price
support operations) by dividing by 265 percent (the 120-month average of the Index
of prices Received by Farmers adjusted to include an allowance for unredeemed loans
and other supplementary payments) unless otherwise noted. Base period prices shown
apply for 1956 only. 3/ Effective parity prices as computed currently in months
indicated using base period prices and indexes then in effect. 4/ Adjusted base
price 1910-14 derived from 10 season average prices 1946-55 (including an allowance,
where appropriate, for unredeemed loans and other supplemental payments resulting
from price support operations). J5 60-month average August 1909-July 1914. 6/
Trar.sitional parity, basic commodities 95 percent and nonbasic commodities 65 per-
cent (70 percent during 1955) of parity price computed under formula in use prior
to Jarnary 1, 1950.





UNITED STATES FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION


February 1956 with comparisons


SFebruary
- -


1956


1955
:


Number slaughtered under Federal inspection (
Cattle 1,484 1,313
Calves 586 517
Hogs 5,922 4,638
Sheep E. lambs 1,163 1,080
Average live weight: (pounds)
Cattle 1019.0 981.9
Steers i/ 1054.8 982.2
Heifers i/ 899.2 857.2
Cows l/ 1020.8 1017.7
Calves 206.9 200.8
Hogs 233.1 238.9
Sheep & lambs 102.2 103.1
Average cost to packers: (dollars per 100 pou
Cattle 15.28 17.59
Steers Ij 17.44 21.90
Heifers I_ 16.59 20.06
Cows i/ 10.74 11.04
Calves 17.45 17.91
Hogs 12.49 16.33
Sheep & lambs 18.89 20.50
Dressing yields: (per 100 pounds live weight)
Cattle 56.0 54.8
Calves 55.5 55.3
Hogs 2/ 76.3 77.0
Sheep & lambs 48.0 47.9
Lard per 100# 14,7 14.8
Lard per animal 34.4 35.4


Average dressed weight: (pounds)
Cattle 570.6


538.1


January Febr


1956
:


thousands
3,180
1,188
12,628
2,492

1019,7



210.4
235.6
101.3
nds)
15,47



17.16
11.82
18.46

55.9
55.4
76.3
48.1
15.0
35.2

570,5


Calves 114.8 111.0
Hogs 177.9 184.0
Sheep & lambs 49.1 49.4
Condemnations: (Number of head)
Cattle 6,002 5,815 1
Calves 4,356 3,569
Hogs 11,294 9,076 2
Sheep & lambs 3,350 3,175
Total dressed weight Excluding condemned: (tho
Beef 843,077 703,478 1,80
Veal 66,773 56,995 13
Pork (carcass wt.)1051,573 851,694 2,26
Lamb & Iutton F6,948 53,174 12
Total 31 2,018,372 1,665,340 4,33
Pork, excl. lard 772,981 628,102 1,65
Lard production 4/ 203,189 163,743 44
Rendered pork fat, 9,788 8,023 2
-/ Also included with cattle. 27 Subtract 7.0
average. 3/ Totals based on unrounded numbers.
*Partly estimated.


116.6
179.7
48.7


: Percentage
-ary Feb. 1956 of
1955 :Feb. : 5-yr.
: 1955:Feb.av.


of head) -
2,834
1,081
10,157
2,303

983.5
--
--
--
207.1
243.1
101.6

17.60
--
--

17.68
16.58
20.00

54.8
55.3
77.2
48.0
14.9
36,3

539,0
114.6
187.6
48.8


113
113
128
108

104
107
105
100
103
98
99

87
80
.83
97
97
76
92

--


--
--m
--m


131
135
129
117

102
105
104
99
107
97
99

70
68
70
67
75
63
79

--


2,606 12,302
9,304 7,741
3,384 18,806
6,675 6,392
usands of pounds)
7,218 1,520,907 120 136
7,457 122,936 117 143
4,376 1,902,299 123 125
0,980 111,984 107 116
0,031 3,658,126 121 129
6,339 1,400,083 123 126
4,096 367,629 124 124
1,024 17,335 122 124
to obtain reported packer style
4/ Includes rendered pork fat.


288


-------,~


*




289
LIVESTOCK SLAUGHTERED, UNITED STATES, FEBRUARY 1956, WITH COMPARISONS I1
---------------------------------------- Cvs------------
Cattle Calves
Month : Other a : a Ia Other : A
and : Federally : whole- : : live Federally: whole-: To : liv
period a Inspected : sale & : oa :Inspected: sale & weig
: retail : : wi :_ retail:_ :_
Thousand head Pounds Thousand head Pounds


SFeb. 1956 1,483.5 515.1
Jan. 1956 1,696.9 558.7
Jan.-Feb.1956 3,180.4 1,073.8
Jan.-Feb.1955 2,834.3 1,051.8
H
Feb. 1956 5,922.3 1,194.4
Jan. 1956 6,705.3 1,354.9
Jan.-Feb.1956 12,627.6 2,549.3
Jan.-Feb.1955 10,156.7 2,518.0
-1/ Excludes farm slaughter. "
MEAT AND LARD PROD
Month and : Be : Ve
Beef Veal
period :
Mil
Feb. 1956 1,087 10
Jan. 1956 1,229 11
Jan.-Feb.1956 2,316 22
Jan.-Feb.1955 1,997 21
i Excludes-farm slaughter.
3/ Includes rendered pork fat.


1,998.6 981 586.0 360.4 946.4 206
2,255.6 984 601.9 366.1 968.0 215
4,254.2 983 1,187,9 726.5 1,914.4 211
3,886.1 945 11080.5 788.8 1,869.3 -08
ogs : Sheep and lambs
7,116.7 230 1,163.2 155.0 1,318.2 102
8,060.2 235 1,329,0 163.1 1,492.1 100
15,176.9 233 2,492,2 318.1 2,810.3 101
12,674.7 238 2,302.9 280.4 2,583.3 101
Other wholesale and retail" slaughter is estimated,


AUCTION, UNITED STATES,FEBRUARY 1956 1_
Pork 2 : Lamb and t Total La
So : Mutton_ a meat 21S, Lard3
Slion Pounds
8 932 64 2,191 232
5 1,061 72 2,4 77 273
3 1,993 136 4,668 505
4 1,723 125 4,059 429
2/ Excludes lard and rendered pork fat.
Agricultural Estimates Division.


j


LIVESTOCK REVIEW CONTINUED FROM PAGE 271

WESTERN LIVESTOCK REVIEW
Demand was good for mature slaughter cattle at Western terminals and prices
showed a stronger trend at most points. Slaughter steers and heifers closed
largely firm to ;l.00 higher; cows steady to 50# higher, instances 750-t1.00 up
except for declines of 25-50# at Stockton and Ogden. Vealers and slaughter calves
averaged about steady; stocker and feeder cattle and calves closing firm to 50#
higher. Barrows and gilts advanced 25-750 or more, Old crop slaughter lambs
closed steady to in instances 1.00 lower at terminals with a few sales of spring
lambs about steady.
At California terminal markets and at Portland Good and Choice fed steers
brought $18.00-21.00 with sdles at Spokane, Ogden and Denver largely from $16.50-
20,00. The same grades of slaughter heifers ranged from $15.50-19.00 with several
loads of average to high-Choice 930-1070* heifers at Denver t19.15-19,25. Most
Utility End Commercial cows cleared from 11.00-15.00, a load of Commercial grass
cows reaching t16.00 at Los Angeles; bulk Canner and Cutter cows $8.50-11.50. A
limited number of Choice vealers brought t26.00-28,50 in the Northwest, other Good
and Choice vealers and slaughter calves under 350v mostly t20,00-25.00, Good
vealers at Denver down to t17.50. Good and Choice slaughter calves over 350#
brought $17.50-22.00 in the Far West, the same grades and weights at Ogden and
Denver 414.25-18.50. Stocker and feeder steers grading Good and Choice cleared
from t17.50-19.25 at Stockton, the same grades at other points largely t16.50-
Continued on page 290,




290 UNIVERSTy

3 1262 08734 5483











4'I




----~------------------------

WESTERN LIVESTOCK REVIEW CONTINUED FROM PAGE 289
18.00; stocker and feeder heifers t15.00-16.60 for Good and Choice, with a few
of the latter grade at Ogden from tl7.00-17.25. Stock steer calves cashed from
$17.50-20,00 for Good and Choice lots, some 340-400# calves $21.50-22.50 at
Denver, Medium and Good heifer calves cleared from $14.00-16.50, Good to mostly
Choice $17.00-18.60.
Prices in the direct trade on slaughter steers and heifers at California
feedlots averaged steady. Choice steers brought $19.00-20.50 for immediate
delivery, some feeders holding for 521.00 or more in Southern California. Five
loads of Choice 1050-1225# steers brought $20.00 for post-Easter delivery; 6 loads
or more mostly Good steers contracted at 418.50 for delivery up to May 1, A load
of high-Choice fed heifers in Southern Cclifornia brought $19.50, other Good and
Choice heifers 416.00-18.50, all sales f.o.b. feedlots at mostly 4% shrink.
Several loads of Utility and Commercial cows earned l13.00-14.00. A load of Good
600# yearling stock steers in Northern California brought $18.00 for immediate
delivery. Around 800 head Good and Choice 750# grass steers were contracted in
Southern California at t17.50, part for immediate delivery. A few Choice stock
steer calves sold in Northern California and Nevada from t19.50-20.00.
Mixed lots of U. S. No. 1 to 3 180-240# barrows and gilts sold at South Sao
Francisco and Los Angeles late at $16.25; Stockton t16.50; Portland 415.50-16.,5;
Spokane $15.75-16.00; Ogden 415.00-16.00; Denver t14.50-15.50.
A limited showing of Good to Prime spring lambs sold at terminal markets y
from t19.0C-21.00. Late sales of Choice wooled lambs bulked at Denver at t19. ',
a few $20.00, numerous loads selling during the week from t18.50-19.25. Good and
Choice "Id-crop slaughter lambs mostly with No. 1 pelts or better cleared at
other terminals from ?17.00-19.25, Direct trade on California spring lambs was
conducted at weak to 500 lower prices; sales and contracts ranging from t18,25-
19.00; several bands selling for nimrdiate to nnr.-tcrm delivery late at $18,50,
some transactions calling for all fat lambs 60# up, others on a sliding weight
scale.




Full Text
xml version 1.0 encoding UTF-8
REPORT xmlns http:www.fcla.edudlsmddaitss xmlns:xsi http:www.w3.org2001XMLSchema-instance xsi:schemaLocation http:www.fcla.edudlsmddaitssdaitssReport.xsd
INGEST IEID EEF7MRRZF_M3U1EN INGEST_TIME 2012-10-22T15:00:55Z PACKAGE AA00012178_00012
AGREEMENT_INFO ACCOUNT UF PROJECT UFDC
FILES