Market news

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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:
AA00012178:00024

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


A4


d LIVESTOI DIVISION
I I


MARKET REVIEW AND STATISTICS


Vol. 24, No. 26


June 26, 1956


Week ended June 23


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 tothis issue


Pig Crop Report, June 1956. . .
Storage Holdings of Meats and Lard, May 31, 1956. .
United States Federally Inspected Slaughter and Meat
Production, May 1956 . .
Classification of Livestock Slaughtered in the
United States, May 1956 . .









U. S. DEPARTMENT OF AGRICULTURE
AGRICULTURAL MARKETING SERVICE
LIVESTOCK DIVISION
Washington 2.; D. C.


N Wec
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Il I-VIAl


7 --s--







MIDWEST LIVESTOCK MARKET REVIEW


Cattle receipts at the 12 markets were 3 smaller than a week ago, but 13 % larger than
a year ago. Lower dressed beef prices and continued hot weather in the midwest influenced
50#-t1.00 downturns on fed steers and heifers. Cow receipts increased and prices were 50#-
$1.50 lower. Continued hot and dry weather influenced an increased movement of stockers and
feeders and these closed 50-4t1.00 off, some points showing declines of $2.00-3.00. Good-
Choice fed steers bulked at most midwest terminals from $17.50-21.00. Hog receipts decreased,
however, hot weather and t3.00-7.00 lower prices on fresh pork loins were depressing factors
in the hog trade and butcher hogs closed 50#-t1.00 lower for the week. Bulk of the 180-240#
butchers at Corn Belt terminals sold on Friday from $15.75-16.50. Spring lambs closed from
$1.50-3.50 lower.
SLAUGHTER CATTLE AND CALVES

Price losses were the general rule at practically all major terminal markets on most
classes and grades of slaughter cattle. The declines reflected severe downturns posted in a
sluggish wholesale meat trade at major distributive markets and an increased marketward move-
ment of lighter weight steers, heifers and cows of lower grades from dry areas throughout much
of the western Corn Belt region. Losses on slaughter steers for the most part ranged 50-#
$1.00 with the maximum declines generally posted on offerings under 1100# and lighter grading
for the most part average-Choice and down. Infrequent exceptions to the rule were displayed at
Chicago where a few loads of high-Choice and Prime under 1350# and down finished steady with a
similar trend on such cattle prevailing at Sioux City and Omaha. Most markets reported an in-
creased showing of heifers, with declines mostly 50#-t1.00 off. Generally, heifers around 875#
maintained the best selling position and the maximum declines accrued to an increased showing
of lighter weights. Although 12 market supplies of cattle were down only around 3 I from a
week ago, the run showed an increased proportion of cows and stockers and feeders. The run of
slaughter steers and heifers consequently was reduced to a greater extent than over-all re-
ceipts would indicate. However, total marketing were around 30,000 head above the sane week
last year.
The effects of continued hot weather were especially pronounced in the cow trade. South
St. Joseph reported the largest weekly cow run since June of 1948. At Kansas City and St. Paul
cow supplies were the largest since last fall and expanded receipts were noted at practically
all other points. Price losses of 50#-$1l00 were common with' declines of $1.50 at Kansas City
to as much as $2.00 at Chicago reported on Canners and Cutters. Bull prices ranged 250-50#
lower to steady to 50# higher with the latter trends most common.
At Chicago a few loads of Prime 1075-1350# steers cleared at $22.75-23.50 with a load
Prime 1523# averages $22.50. At other terminals high-Choice and Prime steers were noted at
$20.50-21,25 with scattered transactions $21.50-22.00. Good and Choice ranged $17.00-20.00.
Most Good and Choice heifers ranged around $16.50-19.50 with high-Choice $20.00-20.50 and
scattered sales Prime up to $22.00-22.50 at Chicago. Downturns of $1.00-3.00 prevailed on
vealers and calves. Good and Choice closed at $15.00-19.00, up to $20.00 at Chicago with some
Prime early up to $22.00 and above.
STOCKER AND FEEDER CATTLE AND CALVES

Marketings of stocker and feeder cattle and calves at terminal markets were not large but
even so were noticeably larger than the seasonally moderate numbers marketed a year ago. In a
few areas, such as western Kansas and localized spots in Nebraska, continued dry weather forced
the movement of some cattle to market. However, the number forced to move because of drouth
conditions was relatively small and, even though varying degrees of moisture deficiencies exist
in much of the western half of the country there seems little likelihood that dry weather will
force large seale marketing at least in the near future. However, relatively unfavorable
weather conditions together with recent declines in fat cattle prices tended to intensify the
seasonal slow down in demand for stockers and feeders which usually develop during the latter
part of June. Trading at both terminal markets and country points was slow throughout the
week at unevenly steady to $1.00 lower prices. Common, Medium and low-Good stockers, both
calves and yearlings, were hardest to move and such offerings sold as much as $2.00 lower with
a few extpmaes $3.00 off. Quality generally was at a seasonally low level, kinds grading
better than average-Good being in a decided minority. Feeder steers 800# up were in relatively


508






509
small supply. The average cost of the steer shipments from Kansas City at $16.46 was $1.18
under the previous week and was $2.60 lower than a year ago. Meanwhile, the average price of
All slaughter steers at that market was only $1.66 under a year ago. Thus, with the price
relationship between fats and feeders more favorable than a year ago, demand for feed-lot
replacements was more dependable than that which existed for stockers. Even so, feeders also
shared in the week's downtrend with buyers made cautious not only because of declines in fat
cattle prices and high prices of feed but also by memories of the previous season's unprofit-
able feeding operations. Good and Choice feeder steers 800# up sold from $16.00-19.00, kinds
above $18.00 generally carrying considerable flesh. A few Choice yearling stock steers brought
$18.50-19.50 but majority of the yearlings were Medium and Good grades from $13.00-18.00.

HOGS

Liberal receipts, hot weather, and a sluggish wholesale fresh pork trade were depressing
influences on the hog trade during the forepart of the week and prices declined sharply to
carry quotations at many markets to the lowest point since the forepart of May. Marketing
slowed down late in the period, however, and a small part of the early downturn was recovered.
For the week barrows and gilts were 25#-$1.25 lower, mostly 50#-$1.00 off. Sows were 25#-$1.25
lower, some extremely heavy sows as much as $1,75 down. Packers worked pretty much on a hand-
to-mouth basis, appearing interested mainly in filling minimma hour requirements, and poor
shipping demand at many markets also contributed to the generally slow trade. Receipts were
8 to 9 % smaller than in the preceding week but around 15% larger than a year earlier, and
largest for this particular week in five years. Bulk of butchers on sale consisted of 190-
260# weights with both heavier and lighter weights rather scarce except for a modest offering
of 160-190# weights in parts of the Southern Corn Belt. Butchers were offered usually in
mixed grades U. S. No. 1 to 3 with the Bmber of straight lots of No. 1 and 2 small. Weights
continued light, the average of barrows and gilts in the midwest being slightly over 220f,
Sows ran 10 to 15% of receipts in the Eastern and Southern Corn Belt but otherwise 36 to 390
with Sioux City reporting 44% sows.
Feeder pigs closed 500-$1.00 lower at Sioux City, Good and Choice 120-160# $13.00-13.50.
Most sales at S. St. Paul 50# lower at $14.50-15.00. Prices at Memphis were 50#-t1.00 lower,
Medium and Good 70-140# feeder pigs bringing $10.50-11.50 with a few Choice at $12.00.

SHEP AND LAMBS

Further declines of $1.00-3.50 were enforced on the bulk of the slaughter lambs at midwest
markets even though receipts at the 12 main terminals were more than 20 percent smaller than
last week and about as small as for any week since last August. A large part of the drop in
receipts was a result of a 40 percent decrease in marketing at Fort Worth. Continued severe
pressure on wholesale dressed lamb prices was again the main bearish factor in the trade, Ewes
sold steady to 50# lower, while declines on feeder lambs ranged from 25-50# at Kansas City to
$1.50-2.00 at Fort Worth. At the latter point spring lambs comprised less than 50 percent of
receipts, but at other points they made up the bulk. Early Monday a few Choice and Prim spring
lambs brought $26.00-27.00 at Chicago, but that was no criterion of the general market as bulk
sales were at $22.00-24.00 and the late week bulk on Good to Prime grades was $20.00-23.00,
Elsewhere Good to Prime lambs brought $18.00-23.50, with the late market $21.00 down. Cull
lambs sold downwards to $10,00 and below. Good and Choice old crop shorn lambs and yearlings
at Fort Worth bulked at $17.00-17.50, with other points reporting $15.00-19,50. Cull to Choice
shorn slaughter ewes sold at $2.00-5.00, while breeding ewes brought $5.00-12.00, the latter
price for two and three-year-olds. Good and Choice feeder lambs sold upwards to $20.50.

WESTBO LIESTOCK REVIEW

At most western terminal markets slaughter steer, heifer and cow prices held steady,
although turned 50#-$1.00 lower at Denver when influenced by the break in the Eastern beef
trade, vealers and slaughter calves steady to $1.00 lower, stocker and feeder classes steady
to weak. The sharp downturn in pork loins and dressed lamb reflected declines of 25-$1.00 in
barrows and gilts and $2.00-3.50 in slaughter spring lambs.
Low to high-Choice including some Prime fed steers up to around 1200# ranged from $20.00-
22.50, mainly $21.00 upward at most western markets. Good steers $17.50-21.00, but mainly
$19.00 up in the far west. Low to high-Choice heifers to around 900# $19.00-21.00, Good heifers
$17.00-19.00. Utility and Commercial cow balked from $10.00-14.00, Canners and Cutters
Continued on page 517.





WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS


S Cottle Colves Hog's Shp
June : June : June : June : June June J ue n June
Market
23 25 23 25 23 25 : 23 : 25
1956 : 1955 1956 : 1955 : 1956 1955 1956 1955
--------------------------------------------


Chicago........... 42,054
Ciucinnati.......... 4,764
Denver............. 13,255
Fert Worth.......... 25,570
ladianapolis......... 8,803
Kansas City........ 21,755
Oklahoma City...... 20,219
Omaha............. 40,511
St. Joseph-------. 16,192
St. Louis NSY..---- 18,599
Siwo, City -------- 21,920
S. St. PauL......... 17,894


39,636
4,293
11,435
17,012
6,820
15,643
16,151
39,346
13,541
16,448
23,335
18,230


2,407
1,186
441
5,431
1,402
2,144
2,251
1,653
1,803
4,266
863
6,257


1,696
1,321
407
4,006
1,142
1,579
2,329
839
1,223
3,818
133
6,451


36,119
14,055
3,041
3,352
38,957
10,617
4,890
35,000
24,981
52,814
24,492
39,605


42,688
10,594
2,562
2,584
27,351
6,275
3,091
37,646
21,719
34,950
27,447
42,038


5,003
2,316
3,352
21,285
2,291
8,325
3,432
8,104
6,942
7,040
3,273
2,250


4,945
2,391
4,109
27,625
2,471
7,966
4,244
10,425
9,197
8,373
2,160
2,769


Total,------... 251,536 221,890 30,104 24,944 287,923 258,945 73,613 86,675
June 16, 1956 260,491 26,872 300,258 93,803
INTERIOR IOWA AND SOUTHERN MINNESOTA
Week ended: Hogs Sheep
June 23, 1956 ................ 225,000 21,100
June 16, 1956 ..-..-.--........ 265,500 23,600
June 25, 1955 --..-------------- 189,000 28,200
FEEDER AND STOCKER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
---.---. --. -----.......... ......... ---;;--'--i-,..-. .- .. ... .-.-.-.- "-'" ....----
Week ended Month- ive mont -
June 2il June 14; June 23 May" May 'Jan.'-say-
1956 1956 : 1955 1956 : 1955 : 1956 1955
------------.-------------- .------------------------- ---L- ---
Srs 101 up 133 298 286 1,367 2,107 8,302 13,062
901-1000 449 546 580 3,341 4,842 26,383 39,412
801.900 1,827 1,734 1,385 8,747 7,646 54,880 59,633
701400 3,105 2,710 2,283 14,182 13,229 69,581 69.119
501-700 10,416 9,335 7,617 41,098 41,101 187,115 200,452


Total steers 10 ukis.
Av. ws. "
Av.cost*" "
" Chicago
Ks. City
Omaha
"S. St. Paul
"Sioux City
"- Denver
Ft. Worth
Okla. City
S. St. Joseph
Nat. t Yds.
Total calves-10 mkts.


"5,930 14,623 12,151 68,735 68,925 346,261 381,678
663# 676# 675# 686# 692f 704# 714*
$16.00 $16.88 $18,85 $16.98 $18.95 $16.86 $19.93
17.77 18.37 20.44 17.93 20.33 17.49 20.31
16.46 17.64 19,06 17.68 20.01 17.41 20.74
16.14 16.77 19.27 16.95 18.51 16.72 19.86
16.60 17.68 18.53 16.05 17.23 15.58 18.09
16.07 18.15 19.78 17.78 19.63 17.20 20.35
16.84 17.85 21.97 17.78 20.17 17.40 21.59
14.81 15.56 17.74 15.68 17.58 16.25 18.74
14.98 16.04 17.10 15.72 17.45 16.14 18.82
15.79 16,16 18.07 16.48 18.44 16.53 19.67
16.18 17.13 17.43 16.95 18.49 16.46 18.88
9,545 8,459 6,131 26,322 28,552 117,892 153,845


o COWS.
eiers, bills-"" 6,456 3,792 2,929 20,116 19,681 69,644 83,474
* et adji rd for difiera ,s is g-ra. of0 catle s old at each m arkt.


S


510







BEEF STEERS SOLD OUT OF FIRST HANDS MFR SLAUGHTER
- : Percent of : ,.. 4h


z Number of head


total


e(powund)i


511


Average price
in dollars


a : _Erades : .... : _per 100 lb.
: eek ended
------une : -------- June ------
a June J June June


: 21 : 14 : 23 :
: 1956: 1956: 1955:


Prime
Choice
Good
Standard
Com'1.
Utility
All grades_

Prime
Choice
Good
Standard
Com' 1.
Utility
All grades_

Prime
Choice
Good
Standard
Com'l.
Utility
All grades_

Prime
Choice
Good
Standard
Com'1.
Utility
All grades-

Prime
Choice
Good
Standard
Com' .
Utility
All grades


3026
18508
5421
608
15
97
27675

1539
11351
4056
500

118
16178

40
4933
3105
254


2430
23015
8117
529

81
34172

211
15161
5028
565

184
21149

68
7512
3070
372


-m --m
77 54
8409 11076


108
2868
1857
583
-M


Priae
Choice 29
Good 19
Standard 2
Com'I.
Utility 1
All grades 53


2
31
27
3
2S.


2832
18714
5149
.a.
635
83
27413

221
11069
5530
-40
982
138
17940

18
6160
3447

441
99
10165


607 157
46 2156
'76 1650
356 --
-- 305


86 80
502 6565

-- 42
L85 2995
33 1852
)07 787
-- 31
196 75
21 5782

29 93
)07 3157
997 2606
99 376

129 150
561 6382


73
4341

65
1820
1301
M--
558
200
3944

9
2578
2185

407
19
5198


21 : 14 : 23 : 21 : 14 : 23 :
J.956: 1956: 1955: 1956: 1956: 1955:
CHICAGO


10.9
66.9
19.6
2.2
.1
.3


7
67
23
3


.1 10.3 1264
'.4 68.3 1151
.8 18.8 1010
L.5 872
-- 2.3 1081
.2 .3 818
1128
qwH! l/


.9 1.0
70.2 71.7 6
25.1 23.8 3
3.1 2.7


1.2
31.7
30.8
w


1286
1118
981
893


.7 .8 .8 867
1077
1siou3_ixcm !/- -
.5 .6 .2 1267
58.7 67.8 60.6 1139
36.9 27.7 33.9 976
3.0 3.4 908


- -- 4.3


mm


.9 .5 1.0 846
1070
KANSAS CITY 1 -
1.9 3.2 3.6 1200
52.1 47.9 49.7 1087
33.8 42.3 38.0 995
10.6 5.4 -- 884
m -m 7.0 -m
1.6 1.2 1.7 875


ST. LUIS


38.2
40.8
17.6
-M-
3.4

S.
.5
54.2
37.3
5.6


.7
51.8
32.0
13.6
.6
1.3


N_ Y10-33
NSY L-


1.7
46.1
33.0

14.1
5.1


1048
988
918

901
996


ST. JOSEPHkl
- o m m -


1.4
49.5
40.8
5.9


.2
49.6
42.0
a


1311
1101
1045
916


mm .8 -.
2.4 2.4 .4 805
1064


1312
1183
1015
896

846
1147


13

1C
9

8
11


1254
1135
1009
--
982
923
1119


336 1192
37 1096
) 999
24 --
-- 925
47 894
01 1057


1223
1146
997
920

845
1096

1206
1136
984
832
0-4w
886
1054

1124
1081
983
920
1118
850
1025

1284
1130
1037
906


1093
1105
1021

951
1006
1069

1189
1161
1034
--
983
912
1097

1046
1034
948
--
882
777
971

1138
1130
1036
--


21 : 14 :
1956: 19r,6:


22.37
21.16
19.55
17.04

14.80
20.86


22.06
20.69
19.00
16.74
1E.50
14.74
20.48


21.38 21.29
19.63 20.14
17.90 18.33
15.40 15.76


--
13.53
19.11

20.84
19.79
18.26
16.22


--
13.84
19.62

21.41
20.07
18.88
16.74


e m-
14.05 14.56
19.D5 19.66

21.38 22.10
20.34 20.85
18.65 19.39
16.38 16.56


-D
12.51
19.35

--
20.27
19.18
17.37

14.82
19,19

20.64
20.16
18.50
16.01


am
13.63
20.06

22.07
20.69
19.27
17.31
17.88
14.75
19.77

21.10
20.68
19.08
16.39


23
1955

23.81
22.36
20.26

17.48
14.60
22.05

22.66
21.19
19.39

17.03
15.07
20.44

23.00
21.28
19.81
--
17.01
15.44
20.59

23.05
22.14
20.02

17.22
15.48
21.01

23.77
22.03
20.10
--
17.78
15.54
20.63


23.25
21.98
20.08
-I-


-8 979 1. 1 1-.1.U
853 845 13.59 13.88 14.19
1075 1077 19.24 19.72 20.85
-- -- -- COnitinneai -


Grade


5


23
23
1C

1
57


:


- -


m


JOSEPH






BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER
--......--.------ .- -- --- --- ----- ----------------------.----- -----------------
.. .e, ,l AverIge weIgh e rce
SNumber of head total : Averae wi in dollars
by grades per 100 lb.
-..-----.--.----..........-- ------ .......... -. *....'-..... ....... ................. ----.
-------------------*----------------- 7-----------------------------
SJune June k ee June: : June
21 14 23 14 23 21 14 23 21 14 ; 23
J956:9F 16195 1956 1956 3.9F5 1956! 1956 195 956 1956 3.955
DENVER I/
Prime 16 34 .3 -- .6 1328 -- 1080 21.00 -- 23.40
Choice 4648 5771 5164 80.4 74.5 85.1 1146 1152 1123 20,50 20.85 22.47
Good 1020 1830 837 17.6 23.6 13.8 1084 1066 1067 19.04 19.71 20.56
Standard 73 110 -- 1.3 1.4 1031 1200 --15.56 17.13 -
Ccm'1. 29 -- .5 -- -- 973 -M -- 16.25
Utility -........ ? 40 -- .... .5 -- .968. 852 -- 4JQQ. 12.50
All grades 5780 7751 6064 1133 1131 1114 20,17 20.51 22.20
These summaries developed from data collected on marketing of fed cattle by-
the Agricultural Estimates Division.
ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
B Vel ------ -Per La mb nd Total Toa
< V eal .rear ,|
Week (ecl. lord) metton To
---- ............. ------------------ .. P----- ------------". ... ... *i lir
ended Nu- : rod. Nm- rod. N : Prod. j N- P prod. prod.

,ON0 .oIl. lb. 1000 mlla.b. 1000 mi mil. lb. all. lb. mi. lb.
June 23, 1956 385 213 3 141 18.6 997 140.7 251 11.0 383.6 -
June 16, 1956 407 223.8 147 19.4 1,040 146.7 269 12.1 402.0 -
June 9, 19561- 385 140 -- 1,025 246 37.3
June 25, 1955 358 190.1 130 17.1 806 120.9 255 10.9 339.0 30.6
Percentage change from:
June 16, 1956 -5 -5 -4 -4 -4 -4 -7 -9 -5 -
jr 25 905 +8 +12 +8 +9 +24 +16 -2 +1 +13 --
---~~--------------r--------------------------- --------------- 0 ---- -- --------------------*-----
.__ ---.------ ......+ ..................................._.....___,__.....-........
r Aver. ii(.) ------------------------: Lard
Week -- -- Sheep and yield
Cattle Calves Hogs h pI
ended av e* lombs per
"Liv. L Dressed Lv er'n-4 Liv firse L00 lb.R
June 23, 1956 990 554 240 132 252 141 90 44 -
June 16, 1956 990 550 240 132 251 141 92 45 -
June 9, 1956 990 550 235 129 250 140 94 46 -
June 25, 1955 958 531 236 132 267 150 89 43 14,2
------------------------------------------------------------------------ ----------------------a -
I/ Actual slaughter0
2/ Excludes lard,





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514
CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
--------------------- ------------------- --------------- ------------------
Chicago Kansas City Omaha
-"" ''''r-' -'%"''" -- "'-I-- -- --"
Classification June June June
23 16 25 23 16 25 23 16 25
1956 1956 1955 1956 1956 .1955 :1956 1956 1955
laughter cattle, calves and veale-rs-
Steers -


Prime 900-1100f
1100-1300
Choice 900-1100
1100-1300
Good 900-1100
Standard-All. wts.
Heifers -
Prime 600-8000
Choice *
Good 500-900
Standard-All wts.
Cows All weights
Commercial
Utility
Canner & Cutter
Bulls All weights -

Utility & Commercial
Calves 500S down -
Choice I/
Com'l. & Good
Vealers All weights
Choice & Prime
Com'l. & Good


22,58
22.55
20.62
20,60
18.58
16.42


20.20
18,08
15.68

13,10
11,90
10,48


22.80
22.80
21.28
21.20
19.25
16.70


21.00
18.95
16.22

13.80
12.80
11.68


15.50 15.32


16.80
13.60

20,20
16.55


18.90
15.80

21.80
18.55


24.62
24.40
22.70
22.40
19.95



21.75
19.68


14.02
12.45
10.82


21,98
21.62
20,35
20,28
18.28
15.92


19.95
17.36
14.70

12.48
11,10
9,62


22.55
22.35
20.98
20.98
18.72
16.22


20.50
18.15
15.65

13.10
12.10
10.80


15.85 3 13,50 13.60


19.10
15.80

22.40
18.50


i 15.95 16.95
a 13,22 14.40

3 16.95 19.10
: 14.02 16.15


23.82
23.82
22.20
22.00
19.82



21.72
19.29


13.88
11.62
9.65


22.22
21,92
19,98
20.02
17.30
15,15


19,40
17,04
14.82

12.00
10,88
9.38


22.52
22.20
20.45
20.20
17.88
15.65


20.12
17.78
15.45

12.68
11.62
10.15


13.48 : 13.51 13.68


19.00
15.50

19.60
15.90


a 15,00 17.10
: 12.50 14.00

: 16.88 19.25
: 1300 15,08


Feeder and stocker cattle and calves
Steers -


Choice 500-8001
Good *"
Medium 500-1000
Heifers -
Choice 500-750
Med. & Gd. "
Cows All weights -
Medium & Good
Calves 300-5001 -
Steers -
Good & Choice
Heifers -
Good & Choice


20,08
17,78
15,65


20.25
18.00
15.88


17.62 17.75
15.20 15.25


22.38
20.50
17.25


19,32
17,00
14.25


19.82
17.78
15.25


19.00 : 17,52 18.00
16.00 s 14,48 15.25


23.00
20.75
17.30

18.65
15.65


18.60
16,60
14.20


19.42
17.38
14.72


t 16,90 17.72
14.30 15.22


-- a 10.05 10.75 11.00 : 10,25 11.00


19.90 20.50 21.50 : 18.00 19.20 22.25 i 17,75 18.65


17,65 18.00


18.50 : 16,70 17.20


18.50 : 15.75 16.35


I/ Grade classification was Choice and Prime prior to June 1, 1956,


23.55
23.25
21.45
21.20
19.25



21.30
19.12


13.82
12.15
10.55


1. 75

18.50
14.50

20.75
16.25


22.38
20.38
17.50

19.12
15.75

11.75


21.50

18.25






515
HOGS: WEEKLY AVERAGE OF DAILY QUOTATIONS 5
In dollars per 100 pounds .
-------------------------------------- --------------------------------------
,,. Interior Iowa and ,
C Chicago southern Minnesota Indianapolis
Class-----tion-------- ------- --------------------
Classification ,June" W I June I. -- June *
23 16 25 23 16 25 23 16 25
1956 196 19556 195 155 19566 96 9-- 55-
--- --- --- --- --m-- m m--me---m--- --- -e- ----em--e--- ---- ------------eme e me e am m me m m mem m ee W
Barrows and gilts -
U.S.No.1, 160-1801 16.05 16.02 19.60 :14.14 15.03 18.15 :15.18 16.02 20.10
2 and 3 180-200 16.01 17.04 21.25 .:15,67 16.43 19.49 :16.20 17.35 21.80
200-220 16.35 17.21 21.30 :16.16 16.87 19.76 :16.22 17.31 21.82
220-240 16.28 17.05 21.15 :16.00 16.61 19.38 :16.06 17.08 21.68
240-270 15.88 16.70 20.28 :15,46 16.11 18.76 :15.72 16.72 20.85
270-300 15.60 16.34 19.32 :14,85 15.56 17.99 :15.28 16.15 20.48
Sows -
Choice 300-330# 14.78 15.28 18.10 :14,05 14.76 16.21 :14.22 15.02 18.35
360-400 13.70 14.28 16.22 :12.99 13.71 14.96 :13.08 14.08 16.58
450-550 12.32 12.95 14.20 :11,23 12.27 13.08 :11.80 12.58 14.80
Pigs (Feeder) -
Gd. & Ch. All wts,. -- -- : -- :-- -
Omaha Nation S ard Sioux City
a National Stock Yards
Barrows and gilts -
U.S.No.1, 160-180# L15.64 16.62 21.05 -
2 and 3 180-200 16.42 17.12 20.80 :16,31 17.28 21.62 :15,78 16.52 20.05
200-220 16.42 17.12 20.80 s16.31 17.30 21.60 :16,30 17.06 20.55
220-240. 16.42 17,12 20.80 :16.28 17.20 21.28 :16.25 17.01 20.42
240-270 16.08 16.88 19.52 :15.84 16.88 20.58 t15.98 16.55 19.58
270-300 15,62 16.50 18.25 t15.25 16.28 19,41 :15.44 15.98 18.20
Sows -
Choice 300-330# 14.68 15.55 16.78 :14,10 14.55 16,95 t14,52 15.40 16.68
360-400 13,45 14,25 14.58 :13,65 14.15 15.92 812,95 14.20 14.72
450-550 11.98 12.80 12.88 :12.32 13.00 14.32 :11,50 12.75 13.20
Pigs (Feeder ) -
Gd. & Lh. AoAll wts, -- -- -- -. --
S. St. Paul Baltimore N. Portland
-.--------------- --.-.-.-.----- ------ m-----------------
Barrows and gilts -
US.,No.1, 160-180# 16.22 16.85 20.28 016.78 17.92 22.50 0.8,25 18.31 22.50
2 and 3 180-200 1648 17.10 20.60 017,28 18.40 22.94 08.84 19,00 23.31
200-220 16,48 1.7,10 20.60 ?7.28 18,40 22.91 08.84 19,00 23.31
220-240 16,48 17.10 20.08 017.28 18.30 22.47 018,59 18.88 22.88
240-270 16,12 16.72 19.15 .6.65 17.80 21.69 07,23 17.38 21.25
270-300 15,42 15.98 18.02 t15.90 17.06 19.94 :16.38 16.38 20.25
Sows -
Choice 300-3301 14.28 14.90 17.15 02,80 13.82 17.03 .5.60 15.50 16.75
36M-4 13.02 13.50 14.88 12,80 13.82 17.03 013.75 13.75 15.25
450-550 11.68 12.45 12.60 01.32 12.32 14.91 012.25 12.25 14.25
Pigs (Feeder) ,.
Gd. &Ch. AIL wbs. 14.65 15.50 18.95 s -t
eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee






516
HOGS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES I/
----- -- --- --------- I...... ra.. ..----------
Vl-t. ----------- --------
Louis Kan- S. S. 8-
Chi- Natl. sas Omah Sioux St. St. Indian. mkts.
Week ended cago Stock City City Joseph Paul apolis com.
Yards bined
.I I
-- -- -- -- -- -- -- -- -- --: ----- .----'------ L. .
AVERAGE COST Dollars per 100 pounds
Barrows June 23,1956 15.94 16.13 16.16 16.16 16.03 16.23 15,85 16.08 16.07
and June 16,1956 16.84 16.94 16.73 16.85 16.75 16.83 16.38 17.08 16.83
gits June 25,195F 20.59 21.08 20.13 19.98 19.95 20.31 19.57 21.51 20.48
June 23,1956 13.34 13.28 13.17 13.80 13.47 13.64 13.36 12.49 13.39
SJune 16,1956 13.91 13.71 13.88 14.41 14.25 14.33 13.88 13.27 13.99

AVERAGE WEIGHT Pounds
Barrows June 23,1956 228 215 217 222 220 216 226 221 220
and June 16,1956 228 215 216 225 226 217 224 222 221
gilt June 25,1955. 236 212 220 2 ?.... .. ... 7. 1
June 23,1956 395 386 401 355 350 366 354 423 371
Sows June 16,1956 398 394 414 362 365 368 359 432 378
June _5j5 ......6...8 .406 ....424. .3 .3 ....35.4 .... .. ..4.6 4 6
NUMBER OF HEAD -
Barrows June 23,1956 20127 44221 9371 19675 12350 20558 21385 31938 179625
and June 16,1956 23458 49679 11140 21082 13323 22977 25820 29787 197266
silts June 25,1955 23118 28960 .588 ...186o.70 4..L.48 0 A 2072 8?t
June ~3,'I,6 11532 4753 935 12695 9548 3531 12749 4847 60590
Sows June 16,1956 10627 4894 1017 10704 8121 3345 12845 4611 66164
.June _5,P1955 .13337 3047 680 ._17015 12698_o 3994 17632. 4348 7275e
SOWS Percentage of total
June 23,1956 36 10 9 39 44 15 37 13 25
June 16,1956 31 9 8 34 38 13 33 13 22
June 25,1955 37 10 10 .48 52 19 46 17 3
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG. COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
.................... --------------------. r ------------------- a .. o-n_-sp ii -
Hog products 1/ Hog prices 2/ :or mari
June 23, 1956 $18.06 $ 16.35 $1.71
June 16, 1956 18.89 17.21 1.68
June 25. 1955 22.04 21.30 .74
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 a hogs, 200-220r 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
Week ended o ilts No. 3. yellow price ratio
SDollars per Cents per based on
100 pounds bushel barrows and gilts
June 23, 1956 15.94 151,8 10,5
June 16, 1956 16.84 154.7 10,9
June 25, 1955 20.59 147.9 13.9
1/ Simple average price.






517
SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
-------------------------- gden &:South
:Ogden &:South
Oaa KiKansas : Fort : e North :San
Chicago: Omaha City Worth i Denver.Salt :Fran-
S: Lake : cisco


LAMBS (SPRING) -
Choice and June 23, 1956
Prime June 16, 1956
June 25, 1955
Good and June 23, 1956
Choice June 16, 1956
June 25, 1955


EWES (SHORN)
Good and
Choice

Cull and
Utility

FEEDER LAMBS
Good and
Choice


June 23, 1956
June 16, 1956
June 25 ,1955
June 23, 1956
June 16, 19E6
June_25, 1955


23,
16,
25,


23.10
26.65
24.05
21.50
24.45
22.90

4.00
4.65
F.20
3,00
3.70
4.05


20.80
23.92
23.50
19.80
22.78
22.30

4.12
4.25
S4..75
3.12
3.08
3.62


21.08
23.85
22.90
18.95
21.48
21.38

3.82
4.00
4.75
3.08
3.38
3.75


1956 20.00 -
1956 -- 20.20 --
1955 -- --
----------------------


21.70
-. 25.20
-.- 22.82
19.50 20.22
22.00 23.55
20.60 20.80


S5,45
S5.60
S-- 5.40
3.58
-- 3.58
-- 3.42


14.60
14.85
15.30


17.35
18.25
--


20,90
23.50
21.90
19.65
22.25
20.55

4.75
5.00
4.75
3,00
3.00
3.00
-3.00_


22,06
24.88
20.75
21,00
23. 75
19.50

3,50
3.50
3.75
3.00
3.00
3.00


17.25 15.75
-. 0.25
18.48 16.50


WESTERN LIVESTOCK REVIEW CONTINUED FROM PAGE 509

$7,50-11.50, Choice vealers and calves up to 300# brought $19.00-22.00 at
most terminals, reaching $23.50 at Ogden. Good and Choice stocker and feeder
steers up to 1000# sold from 16,00-18,00, some fleshy steers to $19.00 at
Denver. Few Good and Choice stock steer calves $17W50-19,00.
The relative scarcity of Choice steers in feedlots made for a fully
steady trade with a smaller volume than last week selling direct at t20,50-
22.50. Good fed steers t19.00-20,50, several loads Standard and Good grass
Steers up to 1100# $17.50-19.00, Good and Choice stocker and feeder steers
under 900# sold off the range fully steady at $16.50-18,25.
U. S. No. 1, 2 and 3 barrows and gilts 180-240# sold at North Portland
late at $18.50-19.65, t17.50-18.25 at Los Angeles; t17,50 at S. San Fran-
cisco; $17.00-17.50 at Spokane; $16.75-17.25 at Ogden; $16.00-16.50 at
Denver and $18.00 Tuesday at Stockton. Choice and Prime slaughter spring
lambs sold early in the week at t22.50-24.50, but late sales $20,00-22.00,
Good and Choice $19.00-21.00,


June
June
June






518 NEW YORK WROLESALE MEAT TRADE REVIEW
Western Dressed Fresh Meats
Normal supplies of Western dressed steer beef, moderate to barely normal stocks
of veal, calf and lamb, along with moderate supplies of cow beef and fresh pork
proved ample for a generally slow demand at wholesale centers in the Metropolitan
area. Action by retailers was confined mainly to essential needs in fresh meats.
The week featured lower prices in all divisions except cow beef. Compared with the
previous Friday; Steer beef weak to $2.25 lower; cow beef unchanged; veal weak to
$4.00 lower; calf $1.00-6.00 off; spring lamb $8.00-10.00 lower; pork loins $5.00 or
more lower, and other fresh pork cuts weak to $3.00 lower.
Choice 700-900# steer carcasses predominated, with a moderate showing of Good
and Prime grades. Carcass realizations were sharply down for the week, with the full
decline on Choice grade, but wholesalers were able to market high-Good selections at
steady prices. The market on practically all primal cuts worked lower, with declines
on hindqucrters, rounds, hips, ribs and arm chucks. Demand for short loins was fair-
ly dependable, but sellers yielded to lower bids in instances. Relatively small sup- T
plies of cow beef moved out with little difficulty and prices held steady to strong.
Moderate unloads of veal and calf assumed normal proportions late in a slow
trade. Calf supplies were increased and proved burdensome. Such kinds failed to
clear, even at sharp discounts. Spring lamb supplies consisted mainly of lightweight
plain carcasses. Price drops were progressive and the trade at the close, pretty W
much of a peddling affair. Lower grade offerings along with foresaddles and rela-
tive cuts bore the brunt of a declining market.
Virtually all primal cuts of fresh pork closed lower. Outlet for loins was
particularly narrow, and a carryover was apparent unless clearances could be
effected through drastic price concessions.
Locally Dressed Fresh Meats

Movement of steer cuts both kosher and non-kosher was generally fair, but
demand in other divisions failed to keep abreast of the supply. The general market
tone lacked stability and declines were recorded in all divisions. The steer supply
was normal on all weights and grades. Choice 700-900# offerings, however, predomi-
nated. In view of the slow action at wholesale levels, sellers yielded to lower bids
on virtually all primal cuts. Outlet for ribs and arm chucks was less dependable
than during the previous week and prominent declines were shown on these. Hindquar-
ter prices were fully $2.00 or more lower, with heavyweight selections off most. a
Demand narrowed in the kosher divisions after fair action early, and late sales of
kosher steer forequarters and primal cuts were about $2.00 below the high time of the
week.
The practical top on a handful of Prime veal offerings was off about $3.00, but
declines of around $8.00 were recorded on lower grades. Calf hindsaddles were
liberally shown and these were exceptionally hard to move. Prices followed a down-
ward course in the lamb division and closed sharply lower. Daily kills were made up
largely of lightweight carcasses, many of these Utility to low-Good grade. Premium
prices were paid for carcasses of cutting weights and relative wholesale cuts, but
this was no criterion of the general market. The market on kosher spring lamb fore-
saddles worked sharply lower, with sales late in the week under pressure and the bulk
off at least $8.00 or more.
A normal supply of fresh pork cuts sold under pressure on all sessions. Complete
clearance of loins appeared doubtful, and the market close was fully $5.00 or more
below the opening session. Other cuts sold weak to slightly lower, at the close, with
clearance barely complete.





519


CHICAGO WHODIESAL MEAT TRADE REVIEW
The fresh meat trade was slow throughout, accompanied by lower prices in all di-
visions, lamb and pork loins 8-16# suffering most decline. Moderate to normal offer-
ings in all classes proved fully adequate to slightly excessive in view of the narrow
demand. Hot humid weather in the Chicago area contributed greatly to a curtailed
consumer demand for most fresh meat. The local lamb supply ran mainly to spring
lambs. Good and Choice grades comprised bulk of the beef and veal supplies. Fresh
offerings in most classes in the opening sessions were increased by a carryover from
the previous week. Squarecut chucks were slowest of beef cuts, while Good to Prime
ribs 30# and down moved out readily. Slightly higher carcass beef prices late in the
period were credited to reduced offerings rather than expanded demand. Shipping out-
lets for carcass beef were rather narrow the entire week. Lamb sellers encountered
most resistance to lamb legs, and 12-16# pork loins were hard to move. Spring and
old crop lamb closed $10.00 to $13.00 lower than Thursday two weeks ago, this being
one of the largest declines in this division for a two-week period in recent years.
Compared to last Thursday's close: Prime and Standard beef nominally steady, Good
and Choice grades $1.00-1.50 lower; veal $1.00-2.00 lower; spring and old crop lamb
$5.00-7.00 lower; pork loins 8-16# $6.00-7.00 lower; Boston butts 4-8# $1.50-2.00
lower; spareribs 3# and down steady. Choice and Prime squarecut beef chucks cleared
at $23.00-25.00; comparable rounds $40.00-43.00; Prime loins $80.00-85.00, Choice
oins $65.00-68.00; Choice and Prime kosher style beef chucks $26.00-28.00. Choice and
P rime spring lamb 30-55# cleared at $43.00-46.00, 55-65# $42.00-45.00; lamb hind-
saddles and legs $55.00-60.00, and $45.00-50.00, respectively.
PACIFIC COAST WHOLESALE MEAT TRADE REVIEW
Moderate supplies steer carcasses were fully adequate to spots excessive for a
narrow demand due mainly to increased prices and warm weather. Calf was moderate to
liberal with a larger percent of Commercial at Los Angeles than previously. Spring
lamb carcasses were more than adequate in Northern California and the Pacific North-
west and about even for the demand at Los Angeles except for Good being excessive and
burdensome. Fresh pork continued liberal at all points with loins the most excessive
and cured pork slightly excessive at Los Angeles. Trading was generally slow on all
classes with buyers cautions and mostly purchasing for immediate needs. Prices com-
pared with last week's close: Steer beef uneven, steady to $1.00 higher at San Fran-
cisco and Portland and $1.00 lower at Los Angeles; cow beef steady to $1.00 lower;
calf and veal weak to $2.00 lower; spring lamb $1.00-3.00 lower; fresh pork loins
$1.00-4.00 lower; shoulders steady to $1.00 lower at Los Angeles and $1.00 higher at
Portland; smoked meats mostly steady except bacon instances $2.00 higher and smoked
skinned hams $1.00 lower at Los Angeles; lard steady to 250 lower.
Choice steer carcasses under 700# bulked from $34.00-38.00, 700-800# $33.00-
35.00; Good 500-700# $30.00-35.00, few to $36.00; Standard $28.00-34.00. Commercial
cow cashed from $24.00-30.00 which included some Standard at San Francisco and in the
Pacific Northwest; Utility $22.00-27.00; Canner and Cutter $19.00-24.00; Utility and
Commercial bull $27.00-31.00. Good and Choice calf under 300# sold from $31.00-40.00;
Commercial $26.00-33.00; Good and Choice veal under 150# $33.00-42.00; Commereial down
to $28.00 at San Francisco. Choice and Prime under 55# spring lamb brought $42.00-
52.00. Pork loins under 16# ranged from $42.00-51.00; fresh skinned hams $48.00-
53.00; shoulders under 16# $28.00-38.00; spareribs under 3# $43.00-50.00; smoked
skinned hams under 18# $51.00-58.00; slab bacon under 10# $30.00-44.00; sliced lf
packages of bacon $42.00-50.00; smoked picnics under 8# $30.00-36.00; lard in 1#
cartons $14.50-20.00.





520


WHOLESALE DRESSED MEAT PRICES: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
------------------------------------------------------------


New York Chicago
Classification : June : June
:23 t 16 : 25 : 23 : 16 : 25 : 2
: 1956_: 1956 : 1955_: 1956 : 1956 : 1955 : 19i
Beef -
Steer -


Prime 600-700*
700-800
Choice 500-600
600-700
Good 400-600
Standard 350-600


Cow, all wts. -
Commercial
Utility
Veal -


Prime
Choice


Good
Spring lamb -


90-120#
90-120
90-120


Prime 30-45#
45-55
Choice 45-55
55-65
Good, all wts.
Pork Fresh -
Loins 8-12*


1;
Butts
Pork Cured -


38.30
37.65

36.00
33.60


27.90
26.50

40.50
34.50
31.70

45.60
47.30
47.30
46.70
38.30


42.30


2-16 40.70
4-8 37.40


Hams, sik. skd. -
12-16#
16-18
18-20
Bacon, smk. slab -
6-8#
8-10
Sliced, 1i pkg.
Picnics, snk. -
4-8
Backs,D.S. 16-20
Lard, 1# cartons -
Refined
Substitutes


52.00
46.50



34.50
42.50

30.50
15.50


16.50 17.25
-- --


39.25
38.25

37.62
34.25


28.00
26.50

40.50
35.50
33.00

53.80
55.40
55.40
54.90
45.40

46.20
44.10
39.40


52.00
46.50

--

32.00
42.50

29.50
16.50


41.10

39,05
36.70
--

30.70
27.70

41.40
37.00
33.80

50.60
48.70
48.70

43.50

59.50
55.90
39.90


53.50
50.50

C--

43.50
51.50

33.50
15.00

16.50
-.0


37.40
37.40
36.05
36.05
34.00
31.25


40.60
41.20
37.65
36.35
36.00
m -


San Francisco


June
3 : 16
56 : 1956


: --
:--
:37.50
:36.00
:34.00
:31.00


- :26.50
- :24.10


:37.00
:37.00
:34.65
:34.65
:33.00
:31.25




:39.50
:34.90
:32.90

:47.40
:47.40
-47.40
:46.40
:43.30

:39.75
:37.50
:33.75


:54.90
:55.10
:55.05

:35.45
:33.45
:42.60

:33.55
:12.50

:15.05
:31.25


41.50
37.00
35.00

51.30
50.20
50.20

45.30

59.60
56.50
41.20


56.15
55.35
54.75

49.40
46.65
54.70

39.20
12.20

15.35
28.00


:37.00


:47.80
:47.80
:45.80
:43.70

:48.80
:48.80
:42.00


:57.50
:55.50
* --

:42.00
:40.00
:46.00

:32.00
: --1

:19.00
2 --


36.50
35.00
34.00
31.00

26.50
25.00



37.00


49.00
49.00
47.00
44.00

52.80
52.80
42.00


57.50
55.50


40.00
38.00
46.00


25
1955


-C
-C
41.00
40.00
38.00


30.00
26.50

-e

39.00


42.00
42.00
40.00
38.00

62.00
59.00
45.00


59.00
55.00


52.00
50.00
53.00


40.90
35.90
33.90

53.30
53.30
53.30
51.60
48.05

45.60
43.10
35.40


54.90
55.50
54.65

35.55
33.55
42.35

34.30
12.65

15.25
31.25


19.00
--


18.50
--l


Note: Quotations at New York exclude locally dressed meats.


32.00 36.00


1





521
BOSTON WOOL MARKET REVIEW

A larger volume of greasy domestic, worsted wools sold in the Boston market
as approximately thirty-five cars were moved. Prices held steady to firm as
integrated mills were the main buyers. There was more interest in fine and half
blood grades this week. The woolen wool section of the market continued rather
slow at prices about unchanged compared to a week ago.
A moderate to substantial weight of wool was purchased in Texas while top
makers and dealers again were active in the Northern Territory States. Country
buyers continued to purchase medium grade wools in the fleece wool States and were
turning attention to fine wool.
The Australian auctions will close out the year in another week as Japan con-
tinued to dominate with the Continent and Bradford supporting and prices advanced
about 5 percent. The South American markets remained quiet.
Fleece Wools Graded fine staple Delaine sold around $1.32 clean basis, while
graded fine, average to good French combing fleeces brought $1.13 and 56/58s good
French combing and staple moved around $1.00. Graded 50/54s staple fleece wool
around 52# in the grease sold in a range from 97?-$1.03 but mostly $1.02-1.03
clean basis. Medium 3/8s baby combing fleece wool around 50# grease basis brought
94# and 96# clean while medium seedy and burry Ohio fleeces moved at 451# grease
basis.
Country buyers were paying 42-434 for fine wool and from 43-45# grease basis
to the growers.
Territory Wools Graded fine good French combing and staple territory wool
sold at $1.30-1.32 clean basis, while graded 60/62s brought $1.18-1.20 and 50/54s
staple territory wool moved at $1.04 and $1.06 clean. Original bag bulk fine good
French combing and staple Roswell wool sold at $1.30 clean basis.
Fine and half blood, good French combing and staple clips in the Northern
territory States cost around $1.17 clean basis on the core delivered Boston.
Texas Wools Turnover of Texas wool in the local market was very quiet.
Graded good French combing and staple Delaine type, 12 months 64/70s wool in Texas
was estimated to cost around $1.50 clean basis, delivered Boston while good French
combing and staple wool in original bags were estimated around $1.40 plus and good
to average French combing at $1.30-1.35.
Mohair There was some contracting of fall mohair around 80-81# for adult
and $1.01f for kid mohair to the warehouse. The local market remained dormant.
Sales of CCC Wools The Commodity Credit Corporation announced on June 21,
956 that approximately 875,000 pounds C.C.C.-owned wools were sold from bids
received on a total of about 4,370,000 pounds. The principal grades, quantities
and sales price ranged (before discounts, if any) follow:


Graded territory fine staple and good French
average and good French
1/2 blood sh. French and clothing
0. B. territory fine av. and gd. French (25% 60s)
" Texas 8 months, best length
Burry and seedy 3/8s and 1/4 blood
X No more of this class now left in inventory.


60,000
60,000
172,553X
20,954
251,675X
14,551X


S$1.3025
1.2525
$ .95 -1.0126
1.14
1.051-1.2035
.72






PIG CBDP REPORT JUNE 1956


The 1956 spring pig crop totaled 53,085,000 head, a decline of 8 percent from the spring of 1955,
according to the Crop Reporting Board. The number of sows farrowing this spring totaled 7,650,000
head which was also 8 percent less than the 8,359,000 sows farrowing last spring. The number of pigs
saved per litter was 6.94. establishing a new record for spring farrowing and compares with 6.90 pigs
per litter in 1955. Reports on breeding intentions indicate a total of 5,163,000 sows to farrov this
fall. This would be 7 percent less than the number farrowing last fall. If these intentions materi-
alize and the number of pigs saved per litter equals the 10-year average, with an allowance for up-
ward trend, the 1956 fall pig crop would be about 35 million head. The combined spring and fall pig
crops for 1956 would then be about 88 million head. This would be 8 percent less than last year and
only slightly below the 1945-54 average.
The number of hogs 6 months old and over on farms and ranches June 1 was 1 percent below a year
ago.
This report is based on a survey of 155,000 farm and ranch operators. These returns were
obtained largely in cooperation with the Post Office Department through rural mail carriers.
Spring Pig Crop: The number of pigs saved in the spring of 1956 (December 1, 1955 to June 1,
1956) is estimated at 53,085,000 head. This is 4,605,000 head or 8 percent less than the spring crop
last year and 2 percent below the 10-year average.
All regions showed a decline in spring pigs from a year ago except the South Atlantic and South
Central regions. The North Atlantic was down 3 percent; East North Central down 4 percent; West North
Central down 15 percent; and the West was down 9 percent. The South Atlantic was up 5 percent and the
South Central was up 6 percent.
The number of sows farrowed in the spring of 1956 is estimated at 7,650,000 head, 8 percent less
than last year and the 10-year average. The 1956 spring farrowings were 6 percent lower than indi-
cated by farmers' reports on intentions last December. All regions, except the South Atlantic, showed
fewer sows farrowing than intended last December. The percentages that the 1956 spring farrowings are
of 1955 as now estimated and the spring intentions as reported last December are as follows: North
Atlantic, 99 percent now and 101 percent last December; East North Central, 96 and 100; West North
Central, 84 and 93; South Atlantic, 104 and 103; South Central, 107 and 111; and West, 92 and 98.
The number of pigs saved per litter during the past spring was 6.94, a record high, and compares
with the previous high of 6.90 in 1955 and 1954. Bigger litter sizes in the central and western Corn
Belt States were responsible for the higher average this year.
The trend toward earlier farrowings continues as December, January and February account for a
greater share of the total spring crop than in earlier years. The number of sows farrowing each month
during the 1956 spring season and the percentage changed from the same month of the previous season
are as follows: December 1955, 400,000 sows, up 30 percent; January 1956. 723,000 sows, up 7 percent;
February 1,414,000, down 7 percent; March 2,151,000, down 7 percent; April 1,917,000, down 15 percent,
and May 1,045,000, down 19 percent.
Fall 1956 Intentions: Reports on breeding intentions indicate that 5,163,000 sows will farrow in
the fall of 1956. If these intentions are realized, the number of sows farrowing this fall (June 1-
December 1) would be 7 percent less than during the fall of 1955. Compared with last year, all
regions except the South Atlantic showed a decline in the number of soews intended for fall farrowing.
The North Atlantic region showed a decline of 11 percent, the East North Central was down 6 percent;
West North Central down 11 percent; South Central down 3 percent; and the West down 10 percent, while
the South Atlantic showed no change from a year ago.
These estimated changes from last year are based on breeding intentions reported by farmers
about June 1.
If fall intentions materialize and the number of pigs saved per litter equals the 10-year aver-
cge, with an allowance for upward trend, the 1956 fall pig crop would be about 35 million head. This
would be nearly 3 million pigs less than last year but about 0.8 million more than the 10-year average.
The combined pig crops for 1956 would be around 88 million head, which is 8 percent less than in
1955 and is only slightly less than average.
Hogs Over 6 months s Old on Farms June 1: The number of hogs over 6 months old (including sows)
on farms June 1 this year was 15,573,000 head compared with 15,756,000 last year, a decrease of 1
percent from June 1, 1955. The 1955 fall pig crop which makes up most of the June 1 inventory was 12
percent larger than in 1954. The cutback in hog inventories to year earlier levels resulted in a 17
percent increase in total commercial hog slaughter from January through April compared with the same
period in 1955. Federally inspected hog slaughter in May was up 17 percent.
Sows held for fall farrowing represent a smaller proportion of the June 1 inventory of hogs
over 6 months old than last year. Thus, the market supply of barrows and gilts over 6 months old
on June 1 was slightly larger than a year ago.






523
HOGS OVER 6 MONTHS OLD ON FARMS, JUNE 1, 1947-56
UNITED STATES AND NORTH CENTRAL STATES
Year United t North Central t Year United s North Central
-- -- tatLs_ __ tats_ States._ tats_ __ _
1,000 head 1.000 head 1,000 head 1,000 head
1947.......... 23,551 15,197 1952.... 20,938 13,580
1948.......... 22,830 14,245 1953.... 16,407 10,482
1949.......... 21,741 13,620 1954.... 14,951 10,154
1950.......... 21,608 13,637 1955.... 15,756 10,618
1951.......... 22,856 1 14,973 1956.... 15,573 9,966
SOWS -FAROWING


S Fa


5)~'~ (fl.~ 1~a .Junr 1)


-r- -- -
Division : 1945-54 S 1955 : 1956 :1956 as :1945-54
av. : (000) : (000) : of : av
-------)_ ----- )- 5- 5- -:(00)_
H. Atlantic....... 152 139 138 99 123
N. C. Eastern..... 2,286 2,404 2,300 96 1,698
N. C. Western..... 4,112 4,247 3,577 84 1,856
N. Central........ 6,398 6,651 5,877 88 3,554
S. Atlantic....... 628 618 645 104 545
S. Central........ 924 780 834 107 822
Western........... 224 171 156 92 164
United States..... 8,327 8,359 7,650 92 5,208
SNumber indicated to farrow fro-- breeding ----ntntons reports.------
Number indicated to farrow from breeding intentions reports.


U1 (June 1 Dec. 1)

= 1955 19561/ : 1956
*as % of
(000) (000) 1955
119 107 89
1,857 1,746 94
2,230 1,986 89
4,087 3,732 91
498 498 100
730 705 97
135 121 90
5,569 5,163 93


PIGS SAVED

Spring (Dec. 1-June 1) rall (June 1-Dec. 1)
_- ----------------isAvd_
Division : 1945-54 : : : 1956 : Pigs per litter 1945-54 :
1 a, 1955 1956 as of:1945-: av. 955
-(Qoo)- L (000) (000) 1955 aL.. 195511956 _Q)_ (000)


N. Atlantic.....
N. C. Eastern...
N. C. Western...
N. Central......
S. Atlantic.....
S. Central......
Western........
United States...


1,006
15,143
26,714
41,857
3,905
5,734
1,421
53,923


937
16,678
29,630
46,308
4,097
5,220
1,128
57,690


909
16,006
25,314
41,320
4,287
5,545
1,024
53,085


97
96
85
89
105
106
91
92


6.6
6.63
6.51
6.55
6.22
6.24
6.35
6.48


6.68
6.94
6.98
6.96
6.63
6.69
6.63
6.90


6.58
6.96
7.08
7.03
6.65
6.65
6.55
6.94


833
11,379
12,260
23.638
3,452
5,235
1,062
34,219


809
12,749
15.233
27,982
3,310
4,908
905
37,914


FARROWING, PIGS PER LITTER, AND PIGS SAVED,
:_ _Fro os lgs_pr_litjej
s Spring : Fall : Spring Fa:
: (Dec. 1- : (June 1- : (Dec. 1- (JuM
1 -Juan 1)-. Dc, 1)_ i June 1)_ I Dec,
1.000 head 1.000 head Number Numl
8,311 5,067 6.63 6.(
7,045 4,479 6.80 6.1
7,669 5,014 6.89 6.
8,359 5,569 6.90 6.1
7,650 1/ 5.163 6.94 zI 6.1


1952-56, FOR THE UNITED STATES
r -: _- _-- .Ps-v.A.S --
1U Spring : Fall : Year
e 1- : (Dec. 1- : (June 1- : (Dee. 1-
. 1) June 1)_ Dec. 1): Dec. 1)
ber 1,000 head 1.000 head 1.000 head
65 55,135 33,694 88,829
69 47,940 29,974 77,914
78 52,852 33,978 86,830
81 57,690 37,914 95,604
80 53,085 35,000 88,085
-------------------


I/ Fall farrowing indicated from breeding intentions reports. 2/ Average number of pigs per
litter with allowance for trend used to compute indicated number of fall pigs. Number rounded
to nearest 500,000 head.
Crop Reporting Board.


Year



5.......
I........
5.......
65


195;
1953
1951
195C
195(


""-"'


SOWS


--'-'





524
COLD STORAGE HOLDINGS OF MEATS AND LARD, MAY 31, 1956
Stocks of all red meats were down from a month earlier. Holdings of beef were
reduced from 172 million to 157 million pounds during May while pork holdings fell
from 510 million to 459 million pounds. Other red meats, veal, lamb and mutton,
etc., were down 9 million pounds to 169 million. May 31 warehouse stocks of beef
were 4 percent above average for the date and 32 percent greater than in 1955 while
pork holdings were 14 percent under average and 4 percent less than a year earlier.
Over-all supply of red meats, 786 million pounds, compares with 740 million in 1955
and 829 million the May 31 average.


UNITED STATES STORAGE HOLDINGS OF MEATS AND LARD, MAY 31, 1956 WITH COMPARISONS
(Includes holdings in public, private and semi-private
cold storage houses and meat packing plants)


Commodity


31
$


Apr.
30


: 1956 : 1956 _:


BEEF:


Frozen. .
In cure,cured & sakd.
Total. .
PORK:
Frozen. .
Dry salt,in cure and


1.000 lb.
148,801
8,616
157,417


1.000 lb.
162,237
9,507
171,744


350,686 396,590


May
31
1955
1,000 lb.
111,17!
8,172
l19,34E


*1


ay 31 May 31, 1956
,951-55 : Apr. : May
av. : 1956 : 1955


1.000 lb.
141,843
9,130
150,973


134
105
132


as % of
: May 31


105 9
94
104


344,034 356,368 88 102


cured. 25,589 25,415 33,347 44,270 101
Other in cure,cured
and smoked 83,133 88,225 99,647 132,427 94
Total. 459,408 510,230 477,028 533,065 90
OTHER MEATS AND MEAT PRODUCTS:
Sausage & sausage
room products. .. 15,342 15,904 13,306 15,468 96
Frozen lamb and
mutton 8,444 8,976 9,957 10,963 94
Frozen veal 14,185 16,241 11,245 11,104 87
Canned meats and
meat products. .. 76,893 79,124 55,165 53,041 97
All edible offal. 54,604 58,569 53,692 54,460 93
Total other meats &
meat products. 169,468 178,814 143,365 145,036 95
Total all meats. 786,293 860,788 739,741 829,074 91
Lard, rendered &
refined _/ 2J 226,017 144,149 146,105
GOVERNMENT HOLDINGS 3/
Pork. .. 11,734 12,320 10,231 2/ 95
Beef 4,526 4,817 6,152 2/ 94
-./ In dry and cold storage as reported by Bureau of Census.
2 Not available.
Government holdings are included in the totals and consist of 2
held by U.S.D.A., the Armed Services and other Government agencies.


77

83
96


115

85
126

139
102

118
106


77
128

145
100

117
95


M-


115 1-
74 -


-eported stocks


S


I






525


UNITED STATES FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
---------------------------------------


May


: January May


S 1956 1955 1956
---.------l--------.----i------.
Number slaughtered under.Federal inspection: (thousands
Cattle.......... 1,646 1,560 7,937
Calves ......... 606 588 3,044
Hogs............ 4,875 4,164 29,081
Sheep and lambs. 1,063 1,228 5,900
Average live weight: (pounds)
Cattle.......... 997.7 961.0 1009.9
Steers Ij....... 1032.3 1002.0 -
Heifers f ..... 866.5 838.3 -
Cows / ......... 979.2 938.3 -
Calves.......... 228.9 219.4 211.0
Hogs............ 239.7 251.9 234.8
Sheep and lambs. 93.0 96.5 99.6
Average cost to packers: (dollars per 100 pounds)
Cattle.......... 16.76 17.47 16.00
Steers I/....... 18.92 20.78 -
Heifers / ...... 18.75 20.16
Cows l/......... 11.33 11.47 -
Calves.......... 17.99 17.58 17.34
Hogs........15.56 16.37 13.18
Sheep and lambs. 20.74 17.74 19.05
Dressing yields: (per 100 pounds live weight)
Cattle.......... 56.8 55.6 56.4
Calves.......... 55.8 55.6 55.7
Hogs 2/......... 76.2 76.5 76.2
Sheep and lambs. 48.1 48.8 48.0
Lard per 100#... 14.9 14.9 15.0
Lard per animal. 35.8 37.6 35.3
Average dressed weights (pounds)
Cattle.......... 566.7 534.3 569.1
Calves.......... 127.7 122.0 117.6
Hogs............ 182.7 192.7 179.0
Sheep and lambs. 44.7 47.1 47.8
Condemnations 3/: (number of head)
Cattle.......... 6,317 6,309 31,544
Calves.......... 2,125 1,864 19,143
Hogs............ 10,667 9,028 57,410
Sheep and lambs. 5,687 5,382 20,422
Total dressed weight Excluding condemned: (thousands
Beef........... 929,102 830,123 4,499,111
Veal............ 77,131 71,451 355,714
Pork (carcass wt.) 888,730 800,728 5,193,855
Lamb and mutton. 47,254 57,606 281,278
Total 4/........ 1,942,218 1,759,908 10,329,958
Pork, excl. lard 650,629 587,211 3,792,365
Lard production 5/ 174,120 156,320 1,025,163
Rendered pork fat 8,926 8,643 50,089


1955-

of head) -
7,370
2,923
24,284
5,955

974.2



202.7
243.9
100.5

17.82
--
-.

17.78
16.43
19.78

55.3
55.6
76.9
48.3
14.7
36.0


I Percentage
SMay 1956 of
SMay : 5-yr.
: 1955 :May av.


106
103
117
87

104
103
103
104
104
95
96

96
91
93
99
102
95
117

--
--

--
--


538.6
112.7
187.6
48.5


31,734
16,596
47,566
18,756
of pounds)
3,952,830
327,659
4,547,558
287,821
9,115,868
3,355,682
871,913
43,491


112
108
111
82
no
111
111
103


130
123
118
109

102
103
104
102
108
97
96

76
73
75
69
79
75
90

mm

mm
mm


mm
mm


134
132
114
103
123
114
115
112


l/ Also included with cattle. 2/ Subtract 7.0 to obtain reported packer style
average. 3/ Partly estimated. / Totals based on unrounded numbers. 5/ Includes
rendered pork fat.


~--------~- r --




UNIVERSITY OF FLORIDA

3 1262 08734 4619
CLASSIFICATION OF LIVESTOCK SLAUGHTERED NDER FEDERAL INSPECTION if
-: Number T000 omitted)_ : Percent
May Apr.: Jan.- May May Apr. Jan.-: y
: 1956 1956 : Ma~ : 1955 1956 : 1956 : S 1955
: : : 1956 : : : 1956 :


Cattle:
Steers
Heifers
Cows
Bulls & stags
Total 2/
Canners &: cutters 3J
Hogs:
Sows
Barrows & gilts
Stags & boars
Total J2


Sheep and
Lambs &


Lambs:
yearlings


Sheep
Total 2/
- Based on
3/ Included


969
202
439
35
1,645
225

663
4,188
24
4,875

993
70
1,063


899
227
391
28
1,545
193

425
4,800
26
5,251

1,089
41
1,130


4,460
1,174
2,162
141
7,937
1,074

2,176
26,760
145
29,081

5,707
194
5,901


reports from packers. 2 Totals
in cattle classification.


810
201
509
41
1,561
257

625
3,515
25
4,165

1,166
63
1,229


58.9
12.3
26.7
2.1
100.0
13.7

13.6
85.9
.5
100.0

93.4
6.6
100.0


58.2
14.7
25.3
1.8
100.0
12.5

8.1
91.4
.5
100.0

96.4
3.6
100.0


56.2
14.8
27.2
1.8
100.0
13.5

7.5
92.0
.5
100.0

96.7
3.3
100.0


based on rounded numbers.


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


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9g/9Z/9-MSB 0o1t


SSMISL0B 1IVI Orl


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pOAs o'4 ean aoqAlJd 0oj ^Twued


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ajavnoFray jo


uo,2quSqqAr
uom.JldelI eS '"0


526


51.9
12.9
32.6
2.6
100.0
16.5

15.0
84.4
.6
100.0

94.9
5.1
100.0


I




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