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:
AA00012178:00013

Related Items

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


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Full Text









uned LIVESTOCK DIVISION


N W


O4ff


MARKET REVIEWS AND STATISTICS


Vol. 24, No. 15


April 10, 1956


Week ended April 7


Livestock Market Reviews . .
Livestock Market Receipts . .
Feeder and Stocker Statistics .. .....
Steer Sale Statistics . .
Estimated Slaughter and Meat Production .
Slaughter at Major Centers. . .
Estimated Percentage of Feeder and Stocker Cattle
and Slaughter Cows in Salable Receipts .
Cattle Prices . .
Hog Prices . . .
Hog Purchase Statistics . .
Sheep and Lamb Prices . .
Wholesale Meat Trade Reviews. .. .
Wholesale Meat Prices . .
Wool Market Review .. ... .


Special to this issue


Livestock Prices and Composite Meat Values,
March 1956 . .
United States Exports and Imports of Meats,
January 1956. . .
United States Exports and Imports of Livestock,
January 1956. . .







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


Page
292
294
294
295
296
297

297
298
299
300
301
302
304
305


S. 301

. 307

. 308


Ai l- Aiag





292


MIDWEST LIVESTOCK MARKET REVIEW

Cattle receipts increased compared with the previous week and a year ago.
Demand for slaughter cattle expanded, however, and prices showed a general ad-
vance. Factors in the improved outlet included the termination of Lent, re-
sumption of kosher slaughtering operations following recent holidays, and moder-
ate strength in wholesale beef prices. Fed steers sold steady to 50# higher at
most centers, instances 750-1.00 higher on high-Choice and Prime steers which
are decreasing in volume as the season progresses. Hog receipts were smallest
in seven months and butchers closed steady to 50$ or more higher. Supplies of
slaughter lambs were smaller than in recent weeks and prices advanced unevenly
500 to .1,50.

SLAUGHTER CATTLE AND CALVES

Marketings of cattle increased moderately compared with the previous
week. Demand expanded, however,.following the termination.of Lent and improve-
ment in the wholesale beef trade, and prices of most slaughter cattle showed a
stronger trend. Fed steers closed largely steady to 504 higher, heifers mainly
25-750 higher. Occasional sales of high-Choice and Prime steers showed advances
of 750-$1,00 reflecting the recent sharp upturn on steer beef of the same grades
in wholesale markets and the increased competition for the diminishing supply of
longfed steers. Cows and bulls sold mainly steady to 50$ higher, vealers and
calves largely steady.
Some heavy steers that had undoubtedly been held back until termination of
the kosher holidays early in the week, were included in the run, and average
weights of beef steers at Chicago, Omaha, and Sioux City were all above those of
a week earlier. Prime offerings were rather scarce although making up a slightly
larger proportion than in the previous week.
Due to the decreased supply and improved demand for heavy' steers, there is
now considerably less discrimination against such offerings, grade for grade,
compared with weights under 1100# than there was some weeks ago when heavy offer-
ings were in abundant supply, However, general price spread on steers is widen-
ing. At Chicago, for instance, Good and Choice bulked from $16.75-21.75, high-
Choice and Prime $22.00-26.50, with two loads high-Prime 1192-1237# reaching
$27,00, highest there since May 18 last year. At the other extreme were Utility
to low-Good steers from $14.00-16.50. At midwest markets outside Chicago most
Good and Choice steers cleared from $17.00-20.50, occasional loads high-Choice
and Prime $20.50-23.25, a load Prime 1277# reaching $24.00 at Sioux City,
highest there since September. At St. Louis National Stock Yards Choice vealers
brought $21.00-25.00, few high-Choice and Prime $26.00-27.00. At South.St. Paul
Good and Choice cleared from $18.00-22.00, high-Choice and Prime $23.00-24.00.

STOCKER AND FEEDER CATTLE AND CALVES

Stocker and feeder cattle and calf receipts at terminal markets were little
different from those of the previous week but fell somewhat short of the volume
marketed the sare week a year ago. Shipments of steers to the country from the
10 markets totald2'15,342, compared with 16,962 the previous week and 20,857 a
year ago. Yearling stock steers continued to predominate with quality as a
whole somewhat improved over the previous week as a relatively large percent of
the offerings graded average-Good to average-Choice. There was considerable
variation in the price trends for stockers at the different markets, due at least




293


in part to varying weather and moisture conditions, In some areas where
recent snows have improved prospects for favorable pasture conditions, buyers
were fairly aggressive for stocker cattle, this being reflected in a steady to
50# higher price trend at several markets, principally Sioux City, Chicago and
Omaha. Meanwhile, in other areas, sub-normal moisture conditions often tended
to slow the demand and at markets adjacent to such areas stockers sold steady
to 500 lower. While a very uneven trend was displayed on stockers, feeder
steers 750# up usually sold steady to 50# higher, in line with recent upturns
in fat cattle prices. Good and Choice feeders cashed largely from $16.50-
19,00, At Kansas City, high-Choice partly-fattened 998# steers sold for
further feeding at t20.00, A few Choice 500-550f short yearling stock steers
brought $21,C0-22.00, and a load of Choice and Fancy 661k rated $21.50. How-
ever, other Good and Choice yearling stockers sold from $16,00-20.50, bulk
downward from t19.50, Good and Choice steer calves ranged from $17.00-22.00,
Most heifer calves sold downward from $18.00, a few upward to $19,00,

HOGS

Salable receipts of hogs at the 12 terminal markets and the Interior area
were the smallest in about 7 months, but were still somewhat larger than during
the same time a year ago. Shipping outlet was frequently rather poor, but most
local packers purchased rather aggressively the greater part of the week.
Resistance to advancing prices contributed to the erratic trends during the
week, but closing prices showed net upturns for the sixth consecutive week.
Eastern wholesale fresh pork prices were also very uneven as loins lost most
of the week's early advances while other cuts were both higher and lower,
Prices were steady to 75# higher than the previous Friday, bulk 25-50# higher,
Prices for butchers were generally the highest since early October and at some
points the highest since late September. While a few lots of butchers were
sorted for grade and weight, bulk sold with relatively little sorting. Mixed
lots grading No. 1 and 2 usually brought 25-750 or more than comparable weight
lets grading mostly No. 2 and 3. Price ranges remained narrow, butchers weigh-
ing from 190-280= frequently selling within a spread of 500 per cwt,
Stocker and feeder pigs were mostly 1l.00 higher. Good and Choice 130-
150# feeders sold at Sioux City from t13.00 to mostly t13.50, some 160-1?C#
t13.75-14.25. Good and Choice feeders sold at South St. Paul from $12.00-
13.50, some 110# weights at t14.00. Increased supplies at Memphis brought 50#-
1l.00 higher prices, Good 90-140# 410,50-12.00, Medium t9.50-10.50.

SHEEP AND LAMBS
Receipts at the 12 markets decreased about 9. percent compared with the
previous week and were smallest since early March. Spring lamb supplies were
fairly liberal at some points, but old crop offerings predominated at most mar-
kets. Slaughter lamb prices were generally higher following the end of Lent
and a resumption of normal kosher slaughtering, with continued small receipts
the main bullish factor in the trade. At most points lambs sold 500-$1.50
higher, although at South St. Paul late declines left prices 500 lower,
Slaughter ewes sold steady, while feeder lambs closed steady to tl.00 lower.
Although discrimination against weight was less severe than a few weeks ago,
lambs weighing 125-140: were still discounted 42.00 or more.
Good to Prime fed wooled lambs brought 18.00-21.25, a few loads t21.50-
22.00. Included were mostly Choice 125-141- wooled lambs at t18.25-19.00.
Continued on page 306,





WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS


S Coattle Calves Hogs Sheenp
---- --- -- ----- --- ---- -- -- I --- -
Mark Apr. Apr. Apr. Apr. Apr. Apr. Apr. pr Aprr.
7 9 7 9 7 9 7 9
1956 1955 1956 : 1955 1956 19555 1956 : 1955
----.... ...------- ---------- ----- .....-------------- ...---------- ... ....--.--- ------------ ...-------- --- ...
Chicago .....-.... 42,288 25 582 1,478 1,635 39,651 38,101 6,652 9,226
Cincinnati.......... 4,441 3 464 1,279 1,315 1 ,025 15,565 206 564
Denver............. 13,757 13,174 474 1,549 3,056 2,630 20,781 16,280
Fort Worth.......... 6,939 9,636 1,200 2,123 3,481 2,283 20,620 20,"83
Indianapolis ......... 8,844 6,622 1,075 1,162 46,248 45,111 1,236 844
Kansas City..---... 21,166 19,109 1,287 1,882 12,159 8,459 9,649 9,170
Oklahoma City...... 11,406 11C,88 1,024 1,174 4,617 2,960 1,428 1,459
Omaha............. 33,1.2 37,691 861 1,232 31,633 36,620 ,127 12,117
St. Joseph.......... 14,963 13,632 962 894 26,169 25,481 6,658 2,547
St. Louis NSY....... 18,939 15,089 3,506 3,766 65,682 46,383- 2,280 1,981
Sioux City.......... 21,663 20,479 618 320 22,011 27,642 5,441 6,886
S. St. Paul.......... 22,195 19,832 10,567 8,538 51,874 43 ,889 7,918 5,955

Total -...-----...... 219,833 198,396 24,331 25,591 321,606 295,124 90,996 87,846
Mar. 31, 1956 207,645 22,008 336,866 99,399
INTERIOR IOWA AND SOUTHERN MINNESOTA
Week ended: Hogs Sheep
Apr. 7, 1956 -------.......- 336 ,000 2,400
Mar, 31, 1956 ...--....---..... 331,0C' 30,600
Apr. 9, 1955 .............. -267,538 25,900
FEEDER AND STOCKER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
------------ ----------------------------------------------------- --------------------
Week ended : Month Three months
pr. 5 Mar. 29 pr. 7 ar. Mar. Jan.:- Mar.
1956 : 1956 1955 1956 : 1955 1956 : 1955
Steers 10013 up 322 306 1,192 1,486 3,143 4,877 7,285
901-1000 925 1,790 1,708 6,303 9,474 17,911 26 287
801-900 1,684 2,441 1,914 10,939 14,470 37,321 40,641
701-800 3,035 3,007 3,866 13,421 13,787 41,770 42,279
501-700 9,376 9,418 12,177 39,354 45,607 106,587 116,535


Total steers 10 mkts.
Av. wts. "
Av.cost*" "
Chicago
t" Ks. City
"O Omaha
"S. St. Pool
S" Sioux City
"Denver
"Ft. Worth
Okla. City
S" S. St. Joseph
Natl. Stk. Yds.
Total colves-10 mkts.


15,342
687#
t17.35
18.22
17.83
16.96
16.48
17.98
17,9B
16,97
16.21
16.77
16,99
4,437


16,962
7040
$16 97
17.77
17.50
16.86
15.87
17.74
17.15
15.81
16.04
16.29
16.84
4,297


20,857
697#
$20.71
21.06
21.43
20.65
19.22
21.28
20.77
20.50
19.43
19.95
19.50
7,600


71,503
7024
$16.82
17.22
17.44
16.66
15.59
17.49
16.02
16.33
16.18
16.65
16.16
19,304


86,481
716#
$20.41
20.18
21.28
20.54
18.65
20.89
21.26
19.83
19.97
20.28
18.98
30,435


208,466
7114
$16.67
16.97
17.20
16,47
15.20
16.93
17.30
16.31
16.27
16.46
16.15
72,375


233,027
719w
$20.00
20.07
20.75
19.97
17.98
20.40
21.92
19.06
19.18
19.78
18.76
95,561


cowS.
heifers,bulls-" 2,632 2,728 3,919 11,143 15,810 34,968 46,467
* Not adjusted for differences in grade of cattle sold at each market.


294




235
BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER 25
----- ---- -- -- -0 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -
Percent of Average price
Average weight
Number of head total (pounds) in dollars
de ----------------...................... ---......- .......... ... -----------------
I'=,"";'--------------'-
Grae --------- -------------- ...........
Apr. Mar.: Apr. Apr. ar. Apr. Apr. Mar. Apr. Apr. Mar. Apr.
5 29 7 5 2 29 5 7 5 29 7
1956 1956 1955 1956 1956 1955 1956: 195E 1955 195: 1956. 1955
--------------------------I------------ ------------------- -------------- --------
CHICAGO
Prime 1686 992 377 6.0 4.4 2.3 1282 1241 1224 23,85 23.28 30.59
Choice 15827 12039 9073 56.0 53.8 56.7 1202 1186 1146 20,84 20.09 25.43
Good 870C 7627 5019 30.8 34.1 31.4 1073 1066 1013 18.52 17.85 21.73
Com'l. 1920 1404 1352 6.7 6.3 8.5 997 969 977 15,98 15.74 18.27
Utility 150 326 174 .5 1.4 1.1 99 948 969 14.05 13.81 15.85
All grades 28283 22388 15995 1152 1131 1090 20.06 19.22 23.86
g :::.:.. ... .: ::j... ........ 6m.. ....-. ....................... .............. "
OMAHA 1/ 2'./
Prime 160 52 -- 1.0 .3 -- 1234 1209 -- 23.17 22.96
Choice 9619 10213 5493 59.6 64.3 40.9 11"9 1142 1102 19,58 19.21 23.99
Good 5224 4664 6295 32.3 29.4 46.8 1037 1032 1023 17.89 16.99 21.61
Com'l. 823 706 1434 5.1 4.5 10.7 1012 987 979 15.71 14.72 18.47
Utility 322 235 211 2.0 1.5 1.6 966 954 851 13.98 13.21 15.73
Allgrades 16148 15870 13433 1121 1100 1048 18.84 18.36 22.25
... .. .. .. ............ ....... --6---'------- ............ ... ................
SIOUX CITY 1/
Prime 249 134 -- 2. 1.4 1335 1455 -- 21.95 21.35 --
Choice 5827 5167 2457 63.0 54.0 36.0 1186 1176 1153 19,87 19.21 24.27
Good 2758 3764 3582 29.8 39.4 52.5 1063 1099 1077 17.86 17.39 22.00
Comil. 305 406 663 3.4 4.2 9.7 99 1017 1036 15.65 14.86 18.42
Utility 106 91 124 1.1 1.0 1.8 950 919 1008 13.92 13.55 15.92
All grades .-9245. 9562 ._6_8_26 ................ 45 11.0..10_99.9_2,Q..i8..i..2._,4.
KANSAS CITY 1/
Prime 47 5 12 .1 .1 .4 1290 906 1013 21.60 21.50 28.00
Choice 2659 2025 838 40.1 29.3 25.2 1139 1129 1093 19.92 18.91 24.04
Good 3079 4206 2098 47.0 61.0 63.2 1350 1048 996 18.28 17.49 22.10
Cow'l. 714 533 347 10.8 7.7 10.5 1316 1049 1017 16.12 15.17 18.01
Utility 124 129 25 2.0 1.9 .7 931 965 992 14.24 13.12 15.71
All grades -662.3... -8.98-..Q332.0.... .............. __....... J6 .. Q 1 0. ., ,23.. ... l 7, _.22..?.
ST. LOUIS NSY 1/


Prime -- -- -- -- -- --
Choice 1E80 2607 52 28.4 38.6 1.2 1125 1126
Good 3181 3074 2020 47.8 45.5 48.2 1010 990
Co'l. 14C0 931 1908 21.1 13.8 :15.5 959 9F19
Utility 178 144 215 2.7 2.1 5.1 907 855
All grades 6649 6756 4 195 1023 1034
A ll grades -------------------.------ .... ......
S. ST. JOSEPH 1/
Prime 35 40 20 .5 .5 .4 1214 1354
Choice 3406 2907 1942 50.0 40.7 41.8 1148 1136
Good 2497 3417 2109 36.7 47.9 45.4 1026 1066
Co'l. 792 662 516 11.6 9.3 11.1 975 981
Utility 84 111 62 1.2 1.6 1.3 895 912
All grades 614 7137 4649 1080 1086
2/ Ccrrection: Month March 1956, all grades beef steers,
weight 1107 pounds, cost $17.90.


1095 19.42 18.47 24.84
1029 17.86 17.03 22.92
946 15.99 15.45 20,05
791 14.10 13.36 16.56
980 17.88 17.37 21,42

1307 21.02 20.50 25.50
1096 19.68 18.96 23.91
1021 17.86 17.42 21.02
1001 15.75 15.27 17.96
917 13,88 13.25 15.03
1050 18.58 17.86 21 91
Continued.
Continuared.





'6 BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER
.---....-.-.-.- -.......... ----.... .......... .... ..--.-... ; .-.--- ------- ..... .. -- -....-
Percent oF ight Average price
SNumber of head total (p uds) in dollars
(pounds) *
by grades -----er 100 b.
Grade Week ended
pr ar pr pr ar. Apr.p r.r. Mar. Apr. Apr. 'Mar. : Apr.
5 29 7 29 7 5 29 7 5 29 7
1956 I 1956. 1955 19F6 :1956 19f: 195 96 195 16 1955 1956: 1956: 1955

Prime -- -- ---- -- -- --. --. --
Choice 4601 3656 3031 71.8 73.9 83.2 1137 1159 1104 19.90 19.19 23.73
Good 1556 1250 467 24.3 25.3 12.8 1068 1080 1040 18.47 17.59 21.87
Com'l. 141 -- 131 2.2 -- 3.6 950 1041 15.77 -- 15.75
Utility 107 40 16 1,7 .8 .4 1046 999 993 14.11 14.27 14.00
All grades .... 640. 5 4946 3645 ............1115 1138 1093 19..40_ 18 77_23.19
/ These summaries developed from data collected on marketing of fed cattle by the Agricultural Estimates
Division.

ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
-----'""'------------------------------------------~------------~'''''''''''''''"
e. eBeef Vel Park Lamb a nd Total
Beef Veal Total Total
Week (exc. lard) mutton lrd
-------e---------..... -- .----- -----------*-- -- --------- -. meat lard
ended now: Hum- ,Prd. Num. Num-
ended : m rod. Pod. Prod.' Prod. prod. prod.
ber ber ber .* ber
.---- -- -- ----- -.- -- -------- ^ ^ -- ---- -- -- -- -- --- -- L- k- : -- -- --- --- --|--|b------ b^ 'm b
1,000 mil. IO00 mil. lb. 000 il. lb. IO.OO mil. lb. mil. lb. mil. lb.
Apr. 7, 1956 351 196.6 149 15.6 1,211 159.6 254 12.4 384.2 42,4
Mar. 31, 1956, 339 5 168.1 145 15.2 1,238 162.7 273 13.4 379.4 42.1
Mar. 24, 1956-/ 350 196.0 154 16.2 1,329 174.6 299 14.7 401.5 44.4
Apr, 9, 1955 223 174.3 143 15.0 1,053 146.7 257 12.3 348.3 36.6
Percentage change from:
Mar. 31, 1956 +4 +5 +3 +3 -2 -2 -7 -7 +1 +1
A+rt. 1..9,.55 +6 +...4 .4 .. ....+15 +. -1 +1. 4_0 .o...
----,,,--------------r---------------------- --I-------------- --------------------------------""
Averaqe weights (Ib.)" Lard
-- -- -- -- ---------~------ ----- ------------- il
Week m a t Sheep and : yield
ended Cattle Calves Hogs lambs er
..... ..... .... r_ ._ ; .. --- ------..
--L.------- ive aDressed tLe* Dressed Live .ressed2 Live *Dressed 100 lb.
Apr. 7, 1956 1,010 560 190 105 232 132 103 49 15.1
Mar. 31, 1956 1,005 555 190 105 231 131 105 49 14.7
Mar. 24, 1956 1,010 56, 190 105 231 131 104 49 14.3
Apr. 9, 1955 969 536 130 105 245 139 101 48 14.2
/ --Actual slaughter and revised estimate of production. 2 Excludes lord.
1/ Actual slaughter and revised estimate of production. 2/ Excludes lard.





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I M

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or\ o I
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238 CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds

Chicago Kansas City Omaha
*-"-"""-"--------- --- -- -- -------
Classification Apr. Mar. Apr. Apr. Mar. Apr. Apr. Mar. : Apr.
7 31 9 7 31 9 7 31 9
.1956 1956 1955 1956: 1956 1955 1956 !1956 11955
Slaughter cattle, calves and vealers
Steers -


Prime 900-1100#
1100-1300
Choice 900-1100
1100-1300
Good 900-1100
Com'l. All wts.
Heifers -
Prime 600-800#
Choice 0 0
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


24.35
24.85
21.58
21.45
18,42
15.80


19.20
17.26
15.00

13.50
12.30
11.22

13.00
15.32

23.50
18.50

20.50
15.75


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

24.00
18.80

20.10
15.45


30.50
31.15
26.28
26.28
21.68
18.00


23.38
20.44
17.65

14.92
13.25
11.42

14.00
15.78

25.40
19.60

21.00
16.30


: 23.00
:22.80
20.52
20.52
:17.95
S15.92


:19.52
: 17.36
:15.25

: 13.00
: 12.25
:11.25


22.42
22.20
19.85
19.72
17.32
15.25


18.72
16.74
14.62

13.00
12.20
11.12


: 13,62 13.62


: 22.00
: 18.003


22.00
18.00


: 18.00 18.00
:15.50 15.50


27.80
28.30
24.82
24.82
21.15
17.95


22.75
19.95
16.80

14.25
12.75
11.00


:24.C00
:24. 00
:20.?5
:20.68
:17.50
:15.50


:19.32
:17.25
:15.00

: 13.20
: 12.08
: 10.75


-- : 12.88
14.30 a 13.79


21.90
17.70

19.00
16.20


: 21.00
: 16.50

: 19.00
: 15.00


Feeder and stocker cattle and calves
Steers -


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


19.70
17,15
15.45


19.50
16.75
15.20


23.75 : 19.50
20.82 : 17.25
17.58 : 15.25


19.25
17.50
15.25


23.50
21.00
17.75


17.20 16.90 19.75 : 17.00 17.00 19.50
14.50 14.40 16.25 : 14.50 14.50 16.25


: 19.50
: 17.25
: 14.50

: 17.38
: 14.25


-- : 12.00 12.00 12.25 : 11.75


21.00 21.00 22.75 : 19.75 19.75 22.75 : 20.50


19.45
17.25
14.75

17.00
13.75


23.25
20.50
17.75

19.00
16.00


23.30
23.30
20.18
20.18
16.92
14.75


18.72
16.68
14.30

13.00
11.88
10.38

12.75
13.71

21.00
16.50

18.75
14.50


28.50
28.75
25.02
25.32
21.58
18.50


23.00
20.02
16.75

14.65
12.75
10.50

13.00
14.38

22.50
17.50

20.50
16.00


11.50 12.25


20.50 22.50


17.50 17.50 19.50 : 16.88 16.88 19.00 : 17.25 17.00


19.62


Ir ------------------- --w-- -- -- -- -- -- -- -- -- -- -




HOGS: WEEKLY AVERAGE OF DAILY QUOTATIONS 23
In dollars per 100 pounds
Interior Iowa and
Chiago southern Minnesota Indianapolis
Classification "- Apr. Mar. Apr. par. pr. Apr. Apr. M ar. Apr.
7 31 9 7 31 9 7 31
rI 1
1956 1956 1955 1956 1956 1955 1956 1956 1955
------------------------- --------------- -_ _------- I ------- -------- ------------- t--------*-----*------
Barrows and gilts -
U.S.No.1 160-180# 14.55 13.85 16.95 : 13.17 12.73 15.70 : 13.88 13.53 17.35
2 and 3 180-200 15.36 14,65 17.69 : 14.71 14.18 17.01 : 15.42 14,80 18.00
200-220 15.60 14.81 17.70 : 15.11 14.66 17.26 : 15.52 14.93 17.88
220-240 15.58 14.78 17.51 : 14.81 14.35 17.16 : 15.52 14.90 17.80
240-270 15.35 14.66 17.08 : 14.4 13.95 16.67 : 15.02 14.48 17.15
270-300 15.02 14.50 16.72 : 13.95 13.45 16.09 : 14.60 14.05 16.65
Sows -
300-330# 13.82 12.82 15.98 : 13.55 13.11 15.50 : 13.50 12.60 15.70
360-400 13.25 12.48 15.50 ; 13.06 12.62 15.00 : 13.00 12.08 15.12
450-550 12.45 11.68 14.65 : 12.05 11.61 13.86 : 11,55 10.98 14.58
Pigs Stockerr and feeder)-
Gd. &Ch. 70-120# -- -- -- --
_.-- 1__~_:_ __ ,20f ~ ---------------------------- ,__~ __~ _~ ----- ---- ---- ---- ---- ---- ----
Omaha St. Louisity
SOmahaNational Stock Yards Sioux City
-----------------------------------------------------------------------------------------
Barrows and gilts -
U.S.No.1 160-180# -- -- -: 14.88 14.30 17.58 :
2 and 3 180-200 15.62 15.11 17.82 : 15,48 14.88 17.82 : 15.46 14.72 17.52
200-220 15.62 15.11 17.82 : 15.52 14.90 17.78 15.65 14.92 17.64
220-240 15.62 15.11 17.70 : 15.50 14.90 17.49 : 15.56 14.88 17,52
240-270 15.25 14.72 17.20 : 15.26 14.62 17.10 :15.25 14.52 16.95
270-300 14.78 14.32 16.45 : 14.76 16.69 14.58 13.92 16.28
Sows -
300-330# 13.78 13.48 15.80 : 13.35 12.75 15.78 : 13..82 13.30 15.82
360-400 13.30 13.00 15.10 : 12.98 12.40 15.58 : 13.40 12.82 15.28
450-550 12.35 12.20 14.40 : 12.10 11.58 14.78 : 12.42 11.82 14.08
Pigs Stockerr & feeder)-
Gd. & Ch. 70-120# -- -- : -- -
----------:-------------------------------------- :-------------------------
S. St. Paul Baltimore N. Portland
---------- ------- --------------------- ---------------- -------------------------
Barrows and gilts -
U.S.No.1 160-180# 14.45 13.45 17.42 : 15.E1 15.00 18.00 : 16.81 15.38 19.12
2 and 3 180-200 15.62 14.98 17.62 16.31 15.50 18.26 : 17.38 16.00 19.56
200-220 15.60 15.00 17.52 : 16.31 15.50 18.28 : 17.38 16.00 19.56
220-240 15.60 15.00 17.25 : 16.12 15.38 17.88 : 16.91 15.69 19.31
240-270 15.25 14.72 16.60 : 15.62 14.75 17.38 : 15.94 14.50 18.56
270-300 14.25 13.72 16.10 : 13.81 13.25 16.62 : 15.62 14.12 18.03
Sows -
300-330# 13.20 12.62 15.28 : 12.00 11.56 15.59 : 14.00 13.00 16.38
360-400 12,82 12.28 14.70 11.97 11.44 15.56 : 12.00 11.75* 15.59
450-550 11.98 11.68 14.15 10.72 10.12 13.50 : 11.00 10.50 14.81
Pigs Stockerr & feeder)-
Gd.&Ch. 70-120# 12.40 11.25 18.00 : -- --: .


*Revised.




300
HOGS: AVERAGE COST, WEIGHT. AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
---------------------.................------ -------------------------------------......................................................----
Louis Kan- S. S. 8-
Chi- Natl. sas Omaha Sioux St. St. Indian- :mkts.
Week ended cago Stock City City Joseph Paul apolis corn-
Yards bined

AVERAGE COST "- Dollars per 100 pounds
Barrows Apr. 7,1956 15.24 15,35 15,35 15.20 15.27 15.33 14.93 15.45 15.25
and Mar. 31,1956 14.55 14.65 14.61 L.1.67 14.52 14.72 14.33 14.72 14.60
gilts Apr. 9,1955 17.02 17.42 17.38 16.97 16.74 17.34 16.83 17.59 17.16
Apr. 7,1956 12.89 12.57 12.45 13.04 12.92 12,92 12.41 12.19 12.64
Sows Mar. 31,1956 12.18 12,02 11.87 12.66 12.14 12.30 12.10 11.35 12.06
Apr. 9 1955 15.09 15.13 15.42 14.79 14.77 15.18 14 62 14.80 ] .L90
AVERAGE WEIGHT Pounds


Barrows
and
gilts

Sows

NUMBER
Barrows
and
gilts

Sows

SOWS


Apr. 7,1956 235 220 220 226 231 216 222 222 223
Mlr. 31,1956 233 218 217 224 232 216 218 221 222
Apr.. 91_955 ,, 246 .. 219 .. 226 .. 2.3.... 249 2. 31 ..23.7 ...28_ ....
Apr. 7,1956 421 412 417 393 400 393 392 433 410
Mar. 31,1956 429 409 403 405 393 385 390 436 412
Apr. 91955 431 410 423 400 395 396 400 448 414
? OF HEAD ---- ---- ---------------------------------------- -
OF HEAD -
Apr. 7,3956 J0583 60594 11169 27938 18942 23688 44319 40380 257613
Mar. 31,19bE 31881 59032 13301 29502 24335 26907 39187 46698 270846
Apr. 19.55 3 .0894 4_5415 7534 .3.0629 .233.04_ 23.311.. .36882 _40857_ 23882f.
Apr. 7,1956 4689 3615 609 2954 1433 1481 3712 4060 22553
-ar. 31,1956 4516 3461 752 2806 1408 1599 2504 3945 20991
.A-r ...9955 .3435 .2300 .... 352 ...3434 .__2054 _.1450 397 2936 19358
Percentage of total
Apr. 7,1956 13 6 b 10 7 6 8 9 8


Mar. 31,1956 22 6 5 9 5 6 6 8 7
....... Apr. _9,1955 ---- 5410 __- __1 .. 8 _... 6 .__.. 8 ....... 7 .___ _7
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG, COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
SG" "ross spread
Hog products 1/ Hog prices 2/ or margin 3/
---------------------------- ---------------------I
Apr. 7, 1956 $17. 20 15.36 -+$1.84
IMar. 31, 1956 16.64 14.65 + 1.99
Apr. 9 1955 19.0? 17.69 + 1.38
.-^- **-- -- -- *- ----* --* w->1*--- -- -- -- --------* ** -* ** *. _* -- --------*
1/ Value of all edible products, fresh basis (lard rendered) in 100 Ib. of live hog com-
puted from wholesale prices on carlot basis. Chicago, reported by National Provisioner
daily market report.
2/ Mean of daily quotations on U.S.No. 1, 2 and 3 hogs 180-200F 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, i. Hog-corn
Week ended gilts No. 3, yellow price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
-- -----.------------ -----.-.. .. ..........-- -- ------- --- ----- I-- ------------------
Apr. 7, 1956 15.24 141.3 10.8
Mar. 31, 1956 14.55 136.4 10.7
Apr. 9, 1955 17.02 143.4 11,9
/ Simple average price.




301


SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
--------------------------------
S: :Cgden
ti : :.Kansas : Fort z :North
,Chicago, Omaha City : Worth Denver :Salt
-- : Lake


Good and
Choice


down (WOOLED) -
Apr. 7, 1956
Mar. 31, 1956
Apr. 2 19. 5
Apr. 7, 1156
Mar. 31, 19F6
Apr._ 9, 1955


EWES (WOOLED) -
Good and Apr. 7, 1956
Choice Mar. 31, 1956
Apr. 9, 19F5
Cull and Apr. 7, 19F6
Utility Mar. 31, 1956
Apr._ 9, 1955


.FEEDER LAMBS -
Good and A
Choice M
A


IAMES -
Choice
Prime


20,60
19.70
22.45
19,70
18.95
21.58

6.50
6.C25
S7.50
4,50
4.25
5.50


22.22*
19.38
21.88
20.80*
18.25
20.88

5.25#
5.25*
8.12
4. 00
4.00
6.62


20.45
19.50
-- 21,97
20.20* 19.28
19.40* 18.53
22,00* 20.81

* -- 8.62
* -- 8.62
-- 9.50
* -- 6.00
* -- 6.00
-- 6.38


&: South
:San
:Fran-
:cisco


17,25
16.95
19.35


21.50"

2050
-


20.95
20.02
22.25
20,25
19.35
21.48

7.75
7,85
7.92
6,00
6.00
6.68


7, 1956 -- -- 17,90
31, 1956 -- 17.66
9, 1955 20.00 --
**Shorn.


LIVESTOCK PRICES AT CHICAGO COMPARED WITH WHOLESALE AMlD COMPOSITE RETAIL
EAT PRICES AND WHOLESALE A ND RETAIL MEAT VALUES AT NEW YORK
: Steers L ambs : Hogs
: Mar. : Feb. : Mar. : Mar. : Feb. : Mar. i Mar, : Feb. ; Mar.
: 1956 : 1956 : 1955 : 1956 : 1956 : 1955 : 1956 : 1956 : 1955
Live animal prices Dollars per 100 pounds
Chicago ........ 22.00 21.77 28.94: 20.61 20.39 23.24: 13.45 12.75 16.52
iWholesale meat
prices,New York 2/ 35.51 35.62 46,91: 38.42 37.04 43.98:


Composite retail meat
prices,New York 3/ 53.33


Cents Eer pound
54,87* 69.17: 51.23 51,22 58.49:


Value of carcass meat from 100* live animal (dollars)
iholesale-New York 4/ 21.31 21,37 28.15: 18.83 18.15 21,55: 18.20 18.10 21.15
Retail New York 57 25.07 25.79* 32.79: 24.18 24,18 27.61: 23.07 22.95 27.47
Il Av. Choice and Prime steers, 900-1100 lb., Choice and Prime lambs, and U. S.
No. 1, 2 and 3, 220-240* hogs.
2/ Av. Choice and Prime steer beef, 600-800 lb., and Choice and Prime lamb.
3J Composite av. of semi-monthly retail quotations on various cuts (incl.lard)
combined in proportion to their respective yields from live weight.
4J 60 lb. of beef carcass, 49 lb. of lamb carcass and 60.43 lb.** of principal
hog products consisting of smoked, skinned hams, bacon, picnics, fresh loins,
Boston butts, spareribs, and carton lard combined in proportion to their respective
Yields from live weight. **Changed effective January 1956.
S5/ 47.0 lb.** of beef cuts, 47.2 lb. of lamb cuts and 58,56 lb.** of principal
hog products, incl. lard. **Changed effective January 1956.
*Revised.


6.75 6,50
6.75 6.50
--- 5.50
4.50 4.50
4.50 4.50
-_- _3.7P"


110F
and


pr.
ar.
pr.
s.


*Spring


lamb


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


;i





NEW YORK WHOLESALE MEAT TRADE REVIEW
Western Dressed Fresh Meats

Trading was slow to moderately active, being retarded by poor demand at the
consumer level on the Taster weekend, and by the fact that many purchasers were
absent from the market on Monday and Tuesday. Receipts of calf, cow beef, lamb
and fresh pork were mostly moderate, while steer beef supply was normal. Vecl was
in normal proportions, with movement slow due to lack of buyer interest. Prices
were strong to higher at the outset, but the general price structure lacked sta-
bility. Srrly advances on lamb and fresh pork were lost late, while veal grading
average-Choice and below worked lower toward the close. Compared with the previous
Friday: Steer beef steady to $2.50 higher; cow beef $l.00-1.50 higher; veal steady
to $3.00 lower; calf steady to t2.00 higher; lamb l$.00-2.00 lower; fresh pork
loins steady, other fresh pork cuts steady to $4.00 higher.
Majority of the steer beef consisted of Choice 650-900# carcasses. Demand cen-
tered primarily on hindquarters and related wholesale cuts which sold at higher
prices. Demand lagged on forequarter cuts, and overly fat offerings were discrimi-
nated against. A reduced supply of cow beef sold at advances ranging from $1.00 to
$1.50 compared with levels of the previous week.
Supplies of high-Choice and Prime veal were relatively small, and calf offer-
ings wore rather limited. These sold steady, but lower grade veal which predomi-
nated, was offered at weak to $3.00 declines. Spring lamb carcasses wore liberally
shown early, but old crop offerings predominated. Trade lacked stability and
prices declined.
Late sales of fresh pork loins were made on a peddling basis, as sellers en-
deavored to avert a carryover. Loins and other fresh pork cuts closed mostly steady,
however, with a substantial advance on fresh skinned hams.

Locally Dressed Fresh Meats

Kosher slaughtering operations were suspended the first two days of the week,
and production of non-kosher fresh meats was held to a minimum. Steer kills, how-
ever, showed an increase but vealer slaughter was reduced. Lamb slaughter decreased
while output of fresh pork was little changed from that of the previous week. Trade
for non-hoshcr meats ranged from slow to fair. Beef prices advanced while other
classes were lower, mainly on the basis of carcass realizations. Dullness prevailed
in the fresh pork loin trade toward the close, with prices in most instances sharply
lower. Kosher slaughter was resumed Wednesday, but stocks, cleared slower than
during the previous week.
Steer bcof prices turned sharply upward, with most upturn on heavyicight se-
lections, the supply of which was considerably reduced compared with recent weeks.
Hindquarters found a broad outlet at sharp upturns, and demand for loin cuts at ad-
vancod prices supported this situation to some extent. Demand for kosher steer cuts
was loss urgent than at the height of the holiday season.
A mo orately reduced production of veal .nd c.lf hindsaddles influenced mostly
steady prices despite some pressure from buyers. The smaller lamb kills which con-
tisted mainly of old crop offerings, met with a narrow demand. Spring lamb sold
weak, while the pr.cticnl top of old crop offerings wps about $2.00 lower. Prices
of kosher lcmb foresaddles were about $3.00 lower for the week.
Demand for fresh pork lagged nnd transactions failed to keep abreast of the
output. 'Wholesalers were quick to make adjustments applicable to prevailing con-
ditions, .and prices were revised downward, particularly on fresh loins.




303
CHICAGO WHOLESALE MEAT TRADE REVIEW

Volume of fresh meat was little changed from that of the previous wock, and
supplies were fully sufficient for demand. Beef consisted largely of Good and
Choice offerings, with veal and lamb generally grading Choice and below. Although
volume of spring lamb increased, available supplies were still rather small in
comparison with old crop offerings. The week's higher carcass beef prices were
influenced mainly by higher live and dressed costs, rather than by a broader local
demand. Some houses reported fairly good shipping outlets, however, particularly
on primal cuts. Beef loins and rounds were most active, squarecut chucks slow.
Sellers found it difficult to break carcasses profitably, particularly lijht:r-
weights. For some weeks now there has been a spread of only $1.00 between Choice
500 and 900 steer beef. Lamb and veal trading was dull. In lamb cuts, most buy-
ere were interested in hindsaddles and legs while trade on forequarter mnat was
practically at a standstill. Fresh pork trade was slow all week. The only price
advance on pork cuts was on spareribs 3# down which moved best. Some carryover of
beef chucks and lamb forequarter meat i's indicated, otherwise clearances should be
fair. Compared to last Thursday's close: Beef 500 to $2.50 higher, full advance
Good grade; voal mostly steady to $1.00 up; lamb $1.00 higher; pork loins $1.00 to
$2.00 higher; Boston butts steady to $2.00 lorcr; sparcribs 3# down $2.00-2.50
higher.
Choice and Prime squarecut beef chucks brought $25.00-28.00; Prime rounds
$40.00-41.00, Choice $38.00-39.00; Primn loins $85.00-87.00, Choice $63.00-67.00;
Prime ribs $56.00-59.00, Choice $40,00-43.00; Choice and Prime kosher style chucks
$28.00-30.00. Lamb hindsaddlcs turned at 49.00-55.00, logs $49.00-52.00; loins
$55.00-62.00; hotel ribs W48.00-52.00. Lamb stews and shoulders were slowest mov-
ing of lamb cuts and sold at $14,00-18.00, and $20.00-26.00, respectively.

PACIFIC COAST WHOLESALE MEAT TRADE REVIEW

Trading for most classes was rather slow although occasional fairly large
deliveries worecmade early in the week to replenish stocks after Easter. Outlet
was moderately curtailed, however, due to the fact that retailers in some instances
had a sizable volume of previously purchased meats on hand, and supplies of nost
classes proved fully adequate for the demand. Supply of steer beef was fairly
liberal, with veal and calf in moderate to small volume. New crop offerings made
up bulk of the lamb supply as old crop lamb was about depleted. Pork supplies
were seasonally reduced but were more than sufficient for the demand. Pricca
compared with the previous Friday: Beef strong to *1.00 higher;, veal and calf
mostly steady, some firmness at San Francisco; spring lamb $1.00-2.00 lower; pork
steady to $1.00 higher except loins $3.00 higher in instances; smoked skinned hams
and picnics $2.00 higher; lard steady to 50# higher.
Choice steer beef under 700# cashed largely from $32.00-34.00, some under 600#
to $36.00 in California; 700-800# $31.00-33.00 in California; Good 500-700- $30.00-
33.00, few under 600# to '34.00 early in the week at Los Angeles; Commercial
$26.00-31.00; Utility $26.00-30.00. Commercial cow beef bulked from $25.00-28.00
in California and .26.00-30.00 in the Northwest; Utility $23.00-28.00; Cai or and
Cutter $22.00-24.00.
Good anc Choice veal carcasses under 150.1 brought $38.00-48.00, sone Choice
to $49.00 at Seattle; Good and Choice calf under 200# $33.00-39.00, Choice and
Prime spring lamb carcasses sold from $37.00-45.00; Choice old crop largely $33,00-
40.00 on weights to 60#; Utility to Choice mutton noninrlly $21.00-24.00 at Los
Angeles and $15.00-17.00 in the Northwest. Fresh closely trimr.ed pork loins under
16# brought 40.00-48.00; shoulders same weight $24.00-34.00; fresh skinned hams
under 18-",' $44.00-50.00; Boston butts under 8# $30.00-38.00; spareribs under 8#1
335.0n-42.00; smoked skinned hams under 18# $48.00-54.00, few to 455,00 at Seattle;
slab bacon under 10L# 30.00-40.00; sliced 1# packages $37.00-42.00, few heat sealed
packs to $44.00 in the Northwest; lard in 1# cartons $13.50-18.00.




WHOLESALE DRESSED MEAT PRICES: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
------------------------- ---------------------------------------------
New York Chicago San Francisco
----------------------------------------- ---------------------
Classification Apr. : Mar. Apr. Apr. Mar. Apr. : Apr. Mar. Apr.
? 31 9 7 31 9 7 31 9
1956 1956 1955 : 56 6 1196 1955 1956 1956 1955
e--.----------- ---- M ------- ------- ------------ n---- ------------------ -- .-.----------------


Beef-
Steer -


Prime 600;7000,
700- 800
Choice 500-600
600-700
Good 350-600
.1 ff* *


80-110
a v
t &

40-50f
50-60
40-50
50-60
all wts.


Corrl I,
Cow, all wts. -
Commercial
Utility


Veal -
Prime
Choice
Good
Lamb -


Prime

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 -
6-8f av.
8-10 *
Sliced 1 f pkg.
Picnics, smoked -
4-8# av.
Backs, D. S. -
16-20f av.
Lard, If cartons -
Refined
Substitutes


41.50
40.00

35.50
31.75
28.00

27.25
25.00

41.00
36.50
29.50

39.30
37.70
39.30
37.70
36.20

41.30
41.30
40.70
33.20


49.50
46.10



32.50
38. CO


40.62
39.00

33.25
29.50
28.00

26.00
24.00

41.00
36.50
29.90

40.60
38.60
'10.60
38.60
37.00

41.60
41.60
40.20
29.50


46.50
44.50



33.00
38.00


25.50 25.00 32.50 :29,50

15.00 13.00 14.50 : 11.75


16,00


16.00


16.00 :14.75
-- : -


37.55
37.55
33.05
33.05
28.75
26.95


49.50
49.50
39.50
41.50
36.00
32.50


l 35.00
: 33.00
: 32.00
2 29.00


34.00
32.50
32.00
29.00


-- -- : 26.50 26.00
-- -- : 24.00 23.00


-- : 38.90
49.50 : 38.90
-- i 34.05
41.50 : 34.05
37.00 : 30.70
33.50 r 27.90

30.20 --
26.50 --

41.10 : 41.50
36.50 : 36.80
33.30 : 33.80

43.70 : 39.40
41.40 : 37.40
43.70 : 39.40
41.40 : 37.40
40.60 :36.90

45.80 2 :0.00
45.80 : 40.00
43.50 : 39.50
35.00 : 29.35


49.50 : 52.45
45.50 : 51.55
-- : 50.70

-- :31.35
38.50 : 30.30
47.50 : 36.35


44.80
41.10
38.20

44. F0
42.60
43.20
40.30
38.60

44.00
44.00
43.00
34.00


50.20
48.50
47.40

45.10
43.00
49.90


: 43.00


43.00


39.50
38.50
37.00
34.00

29.50
25.50


43.00
41.00


: 40.40*41.00* 45.80*
: -s -- --
i 38.80* -- 45.80*

S -- 39.00* 39.50


: 45.00
: 46.00
: 45.00
: 36.00


:51.00
2 50.00


: 38.00
: 36.00
: 40.00


28.55 34.70 :30.00


42.40
44.40
42.20
34.00


50.00
49.50


51.00
49.00
48.00
40.00


53.00
51.00
--


41.50
36.60
33.60

38.70
36.40
38.70
36.40
35.90

38.20
38.20
38.00
29.90


50.40
49.90
48.80

30.75
29.20
35.30


11.75 11.45 :


14.35 15.75 17.25
-- 28.00 : --


17.25


17.50


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


38.00 53.00
36.00 46.00
40.00 51.00

28.00 34.00




305


BOSTON WOOL MARKET REVIF"

Turnover of greasy domestic wcrsted wools in the Boston market continued
quiet as approximately eighteen cars were moved. Prices held unchanged to slight-
ly easier for some grades as vertical mill buyers were the principal operators,
Movement of scoured wools and noils was very slow at lower prices. Buying in
the wool-producing states was slower than in recent weeks. Scattered lots were
purchased in the Territory states, while 8-mcnths wools were purchased in Texas.
Operations in the Fleece wool states were very dull.
All the Dominion markets remained closed following the Easter recess. A
strike of shearers in Australia attracted the attention of Boston wool dealers.
The 3ruth American markets were dormant.
Fleece '"ocls -,Graded 64s Fleece yearling wool, staple and good French
combing length sold at $1.25 clean basis while graded 56/58s mood French combing
and staple Fleeces around 53X in the grease brought from $1.00 to $1,02 clean
had 50/54s good French and staple moved from 94T- to 98X. Country buyers were
offering 42X and 43X grease basis to the growers.
Territory T'cols Graded TerritoWy 56/58s good French combing and staple
sold in a range f-om '"'1,06 to #fl10 clean basis while graded 50/54s good Frendi
and staple brought 41.02. Original bg Ne-1 I :J.xico bulk 70s average and good
French combing scld at $1.30 clean while e original bag Territory 64s bulk staple
length brought P.1.28. Greasy fine and medium cli pings sold at 28" to 30X
grease basis. Crease prices to the growers in the Ter-itory states covered a
vide range. In New Mexico, prices ringed from 25 -/ to 49 3/4/ d.'prnding on
shrink while in Nevada 41/ was prid for bulk fine wool. In the San Joaquin valley
of California, prices ranged from 39/ to 46d to the growers and were estimated
to cost clean from ;:1.17 to .1.22 delivered Boston.
Texas Yools Bulk average to good Fr.nch combing Texas wool in original
bags sold at $1.30 to *1.32 vhile bulk average French combing with some good
Frnnch brought '1.25 clean. Graded ood French combing end staple 12 months
Texas mcvcd at ';.1.3n. A fair to good weight of 8 months wool sold in Texas at
47X to 50# ind .,-s estimated to cost from 1l.15 to '1.17 clean basis, delivered
Bos ton.
Mohair A good vrright of Moh-ir sold in Th-x,-s for export at 811_ for
Adult and 91- for Kid Mohair to th.. warehouse.
Znlrs of CCC : nols The Commodity Credit Corpcration announced on April 5,
1956 that approximately 305,000 pounds of C.C.C.-ov'ned i'ools were sold, from
bids rec-iv,-d on total of about 3,100,000 pounds. The principal gradrs,quan-
tities and sil's price ranges (before discounts, if nny) follows
Pounds Price Penge
rad.--d Territory fine short French and clothing 71,901 ^1.16 $1,17
3/8s blood short French and clothing 129,792" .85 .91
Fl1ccr 1/4 blood staple and good French 50/54s 25,000 1,00
Scoured shorn Fl.-'co 3/8s blood staple and good French 29,400 1.152 1.16
wrol. n type 12 months 58s 25,100 .951 .96
* No more of this class Cnew left in the inventory.
Foreign "'o-ls The C-pe market resumed s:oles on April 5 with no change in
quotes from last -uction, Sal standstill.
Carpet ::onls Trade in carp-t wools was st-gnmnt as prices held about un-
ch-ng.d in all primary markets. A gr,:-'as pulled whitr continental c-rprt wool
wold at 80# cl"en basis while a gre~ay pulled color 'd continental wool brought
50X clean.




306 LIVESTOCK MARKET REVIEW CONTINUED FROM PAGE 293

Cull to 1.w-G-oo lambs sold at $12.00-19,00. Most Good to Prime spring lambs
realized $20.00-23.25, a few 423.50 at Omaha. Good to Prime shorn lambs carry-
ing No. 2 to fall shorn pelts brought t17.50-20.25, including Choice 121# aver-
ages at $19,00 at Chicago, Medium to Choice feeder lambs sold mainly at $16.00-
18.00, a deck of Good spring feeder lambs t18,50. Some shorn full mouth bred
ewes sold at $25.00 per head.
WESTERN LIVESTOCK REVIEW
Good demand especially at the week's opening was a factor in sustaining the
currently rising price trend on most mature slaughter livestock at Far West
terminals. Slaughter steers, heifers and cows closed largely steady to 50# higher
except for weakness on heifers at Denver and on cows at Los Angeles. Vealers and
slaughter calves sold strong to t1.00 higher at Ogden, t1.00-2.00 lower at Stock-
ton and mostly steady at other terminals. Stocker and feeder cattle closed un-
evenly 50 lower to 500 higher, instances *1.00 up at Ogden and Spokane. Outlet
for barrows and gilts was comparatively broad and prices advanced 50-$t1.25.
Wooled slaughter lambs closed 50-750 or more higher at Denver, with a small volume
of old crop and spring slaughter lambs steady to 51.00 lower at other terminals.
A load of high-Choice and Prime 1160# slaughter steers reached t23.00 at Los
Angeles. Good and Choice offerings cashed at other Far West terminals from 418,00-
21.50, a few low-Good steers down to $17.00 at Ogden and Denver; Commercial
slaughter steers brought $14.50-17,00. Good and Choice slaughter heifers cleared
from tl6.00-20,00, Mostly Utility and Commercial cows sold from $11.00-15.50;
Canners and Cutters t9,00-12.50. Choice vealers brought t26.00-30.00 in the North-
west, other Good and Choice vealers together with slaughter calves under 350#
earning $20,00-25.00; heavier slaughter calves of the same grades unevenly $16.00-
22.00, Good and Choice stocker and feeder steers sold from $16.00-19.50; heifers
of the same grades 14.50-17,50, Stock steer calves grading Good and Choice
brought t19,00-21.00 at Denver and t17.00-20.00 at most other terminals; heifer
calves t15,50-18,00.
Direct trade on slaughter steers and heifers at California feedlots re-
flected advances of 25-500 or more. High-Good to Choice slaughter steers weighing
mostly under 12009 sold for immediate delivery at A20.00-21.50, some mixed Good and
Choice t20.00, few loads average-Good 18,50. Good to mostly Choice fed heifers
cleared from 18.00-19,00; fed cattle sales largely f.o.b. ranch at 4% shrink.
Several loads of Utility and Commercial cows sold from 1l3.00-14.00. Selling and
contracting of California grass steers and heifers expanded with prices steady to
50# higher. Several thousand head of steers sold for immediate to May 1 delivery
from $17.00-18.00, around 150 head of 760# offerings for immediate delivery at
$18.10, with 2800 yezrlirgs and two-year-old steers at $17.50; around 200 head
two-year olds $16.50, Good and Choice feeder heifers brought S15.00-16.00, few
$16.25, some Medium and Good t14.50; sales f.o.b. ranch at none to 4%, mostly 3
to 4% shrink.
Late in the week mix-Jd lots of U. S. No. 1 to 3 180-240: barrows and gilts
brought $16.75 in South San FrLncisco; $17.50 at Stockton; $16.00-16.50 at Los
Angeles; 1l6.50-18.00 at Portland, 15.25-16.75 at Spokanel $15.75-16.50 at Ogden;
tl5.50-16.25 at Denver.
Choice wooled slaughter lambs bulked at Lenvar from t19.75-21.25; Good and
Choice natives there t18.00-20.00. At other terminals Good and Choice old crop
slaughter lambs brought t16.00-19.25, these with No. 1 pelts or better. A small
number of Good to Prime spring lambs cleared from 419.00-21.00. Direct trade on
California spring lambs was less active than the previous week. A few sales and
contracts, primarily for prompt delivery, reflected a firm undertone at $18.50-
19,00 for slaughter lambs. Most buying activity centered in the San Joaquin
Valley. Around 800 spring feeder lambs in the IMadera Area of the Valley brought
17,.j0.




307
UNITED STATES EXPORTS AND IMPORTS OF MEATS
--------------------------------------------------------------
Commod: Jan. Jan.
Commodity 1956 : 1955
---------------------------------------------


EXPORTS (Domestic) -
Beef and veal -
Fresh or frozen . .
Pickled or cured . .
Pork -
Hams & shoulders, cured or cooked and bacon..
Other pork, fresh, frozen, pickled, salted or
otherwise cured. . .
Other meats, except canned (Incl. edible animal
organs). . . .
Canned meats -
Beef and veal . .
Sausage, prepared sausage meats, bologna and
frankfurters . .
Pork . ..... .
Lard, (includes rend. pork fat and shortenings
(chief wt. animal fat) . .
Tallow, edible . . .
Tallow, inedible . .
Inedible animal oils, greases and fats, n.e.c. .


Pounds rounds


5,063,143
?69,135

1,869,136

6,177,606

9,260,839


. 506,647

. 855,272
. 338,838


65,355,052
1,213,550
113,400,292
13,763,337


IMPORTS -
Beef, fresh or frozen. ... 2,886195
Veal, fresh or frozen . 6,000
Beef and veal, pickled or cured. .. 273,428
Canned beef (includes corned beef) 4,541,955
Pork, fresh or chilled or frozen 2,975,095
Hams, shoulders, bacon & other porkl/. 409,178
Canned cooked hams ? shoulders . 9,657,554
Other pork, prepared or preserved 2/ .. 1,283,514
Meats, fresh, chilled, frozen, n.e.s 3,648
Meats, canned, prep. or pres. n.e.s. 725,796
Lamb, mutton and goat meat.. . 136,965
Tallow, inedible . .. 90,463
Animal fats and greases, n.e.s.. .. 21,453


' .


1/ Not cooked, boned or canned or made into sausage.
2J Includes fresh pork sausage.

Compiled from official records, Bureau of the Census.


5,635,514
823,000

1,489,863

3,101,092

4,070,581

573,993

361,077
251,808

54,607,146
361,212
83,910,723
17,227,283

1,689,818

304,746
4,516,437
4,142,335
630,620
9,349,276
1,169,619
120,029
563,738
103,215
166,380
5 7,698




UNIVERSITY OF FLORIDA

3 1262 08734 5772


UNITED STATES EXPORTS AND IMPCRTS OF LIVESTOCK

:Jan. : Jan.
: 1956 _: 195 -
EXPORTS (domestic) Number Number
Cattle for breeding. . .. 2,660 2,714
Other cattle . .. 2,511 337


IMPORTS -
Cattle for breeding,
Canada 1/-
Bulls. .
Cows .
Other Countries -
Bulls. .
Cows .
Cattle, other edible
Canada -
Over 700 pounds,

200-700 pounds
Under 200 pounds
Mexico -
Over 700 pounds.


free -

( .
* .

* .

(dut.) -


* .
. .
. .


. 29
. 1,133


. (Dairy
(Other
. .


S (Dairy
'(Other


200-700 pounds . .
Under 200 pounds .
Hogs -
Edible, except for breeding (dut.)


Horses -
For breeding, free .
Other (dut.) .


1
12


1,553
95

2

25
123
12,916
41


2/. .


41
717






1,214
1,400
197


10
28,825
67,284
35


4 370


71
152


Sheep, lambs and goats, edible (dut.). .


54
113
26


/ Includes Newfoundland and Labrador.
2/ Number of hogs based on estimate of 200 pounds per animal.

Compiled from official records, Bureau of the Census.


308


* .


. .


. . .




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