Market news

MISSING IMAGE

Material Information

Title:
Market news
Uniform Title:
Market news (Washington, D.C.)
Physical Description:
9 v. : ; 23 cm.
Language:
English
Creator:
United States -- Dept. of Agriculture. -- Production and Marketing Administration. -- Livestock Branch
United States -- Agricultural Marketing Service. -- Livestock Division
Publisher:
U.S. Dept. of Agriculture, Production and Marketing Administration, Livestock Branch
Place of Publication:
Washington, D.C
Publication Date:
Frequency:
weekly
regular

Subjects

Subjects / Keywords:
Meat industry and trade -- Statistics -- Periodicals -- United States   ( lcsh )
Wool industry -- Statistics -- Periodicals -- United States   ( lcsh )
Livestock -- Marketing -- Statistics -- Periodicals -- United States   ( lcsh )
Genre:
federal government publication   ( marcgt )
statistics   ( marcgt )
periodical   ( marcgt )

Notes

Dates or Sequential Designation:
Vol. 18, no. 16 (Apr. 18, 1950)-v. 26, no. 52 (Dec. 30, 1958).
Issuing Body:
Issued by: Production and Marketing Administration, Livestock Branch, Apr. 18, 1950-Dec. 15, 1953; Agricultural Marketing Service, Livestock Division, Dec. 22, 1953-Dec. 30, 1958.
General Note:
Title from caption.

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004691907
oclc - 29653329
Classification:
ddc - 338.105 UNIL
System ID:
AA00012178:00025

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











>sued L


IVESTOK DIVISION
III


N Week


MARKET REVIEWS AND STATISTICS


Vol. 24, No. 27


Week ended June 36


Livestock Market Reviews. A31 1956
Livestock Market Receipts. . .
Feeder and Stocker Statistics .. *
Steer Sale Statistics . .
Estimated Slaughter and Meat Production .
Slaughter at Major Centers. ..... .
Cattle Prices . . .
Hog Prices . . .
Hog Purchase Statistics . . .
Sheep and Lamb Prices . . .
Estimated Percentage of Feeder and Stocker Cattle and
Slaughter Cows in Salable Receipts . ..
Wholesale Meat Trade Reviews. . ....
Wholesale Meat Prices . . .
Wool Market Review . . .

Special to this issue

Federally Inspected Slaughter and Revised Estimates of
Meat Production, by weeks, May 1956 . .
Livestock Slaughter Meat and Lard Production, May 1956.
Percentage Distribution, by Classes, of Cattle Slaughtered
under Federal Inspection, May 1956 . .
Prices Received by Farmers, June 15, 1956 .. .
Effective Parity Prices, June 15, 1956 .
United States Exports and Imports of Meats, April 1956. .
United States Exports and Imports of Livestock, April 1956.
Total Meats, Meat Products, and Byproducts Graded or
Certified, May 1956 . . .




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


530
530
531
532
533
534
535
536
537

537
538
540
541


533
542

542
543
543
544
545

545


LI *-WAll






528
MIDNEST LIVESTOCK MARKET REVIEW

Cattle receipts were 9% smaller than a week ago, but 9% larger than a year
ago. Reduced receipts influenced upturns of 504-$1.00 on fed steers and heifers,
and cows closed the week mainly steady to 50# higher. Due to general rainfall
over much of the midwest stockers and feeders were also in smaller supply How-
ever prices at most markets were steady to weak, but a few points showed some
advance. Good and Choice fed steers bulked at most midwest markets at $18.00-
21.25. Improved packer and shipper demand and higher prices on fresh pork
influenced upturns of 50#-$1.00 on barrows and gilts. On Friday bulk 180-260#
butchers sold at Corn Belt terminals at $16.50-47.00. Sheep receipts were again
smaller this week and for the first time in four weeks spring lambs sold $1.00.
5.00 higher.
SLAUCBTER CATTLE AND CALVES
Higher prices were the predominate trend on all slaughter classes at all mid-
west markets. Steers and heifers were 50#-*1.00 higher with Kansas City showing
extreme increases of as much as *1.50. Exceptions to the general rise were St.
Louis National Stockyards, Ill., and S. St. Joseph at mostly 25-50# higher trends
and S. St.Paul 'closing mostly 50'higher. Somewhat smaller receipts were perhaps
the main factor causing*'igher prices as most Eastern wholesale beef outlets en-
countered declines while at Chicago strength appeared on Good, Choice and Prime
steer carcasses. Quality of steers showed improvement during the past week as
the numbers of Prime-steers .increased. In addition, many markets accounted for
heavier average weights on steers with a marked rise of 41 pounds at Sioux City
painting out the improvement of quality of the general run over a week earlier.
Cow prices ranged from steady to 500 higher with some points showing the
full advance and S. St. Paul closed steady to weak after regaining some early
losses. Much of the 12 market decline in receipts was cows as widespread rains
over much of the midwest curtailed cow marketing just as the recent increases
in numbers was caused by widespread dry conditions. Bulls were steady to 50#
higher.
High-Choice and Prime fed steers in Chicago sold at $21.00-22.50 early with
late selling at $21.50-22.75. Several loads of Prime steers brought $23.00-
23.50 some $23.75 the highest price in three weeks. Choice sold late at $20.50.
21.25 with Good and low-Choice through the week at $18.00-20.25. Choice steers
at other terminals went at $19.00-21.75, Prime 1148 to $22.50 in Omaha and high-
Choice and Prime to $22.75 in Kansas City. Good and low-Choice mostly $18.00-
19.50. Good and Choice heifers $17.00-21.25, high-Choice and Prime to $22.00 and
in Chicago Prime reached $22.50.
Vealers and calves were irregular, largely steady to $2.00 higher with most
advance on the lower grades. At S. St. Paul, Good and Choice vealers sold at
$16.00-18,00, Prime to $19.00, Choice vealers at St. Louis National Stockyards,
Ill., sold at $17.00-19.00, Commercial and Good $13.00-17.00.
STOCKER AND FEEDER CATTLE AND CALVES
Moderate late hne receipts of stocker and feeder cattle and calves at
terminal markets were somewhat smaller than the previous week but little different
in volume than a year ago. Quality at the various terminals continued at a
seasonally low level, relatively few offerings being much better than average
Good. Price trends at the different markets showed considerable unevenness.
Varying pasture and stock water conditions represented one of the factors influ-
encing a somewhat erratic demand. Thus, while recent upturns in fat cattle
prices along with some fairly good pasture conditions made last week's lowered
price levels on stockers and feeders look attractive to some buyers, others were
more concerned with the possibility of having to carry cattle through another
dry summer. While prices were about steady at most markets, Sioux City advanced






529
500-$.100 higher. The average cost of all steers 50G# up shipped to the country
from Kansas City during the week at $16.34 was 8# lower than the previous week and
$1.66 under a year ago. In general buyers displayed increased interest in secur-
ing feed-lot replacements but well-bred fleshy feeders were in very light supply at
most all markets. A few Good and Choice feeders 750# up sold from $16.00-19.25,
those above $18.00 generally carrying considerable flesh. Scattered shipments of
high-Good and Choice yearling stock steers sold from $18.50-19.35 but most of the
yearlings on offer were Medium and Good grades in a $13.00-18.00 price range, a few
of Medium grade downward to $12.50. Good and Choice yearling stock heifers sold
from $14.00-17.00, a few Choice fleshy feeder heifers upward to $18,00. A limited
number of Choice steer calves sold from $19.00-20.50, while heifer calves went from
$18.50 down,
HOGS
Receipts were only a little larger than the previous week when supplies were
smallest for a full week in a month but marketing were around 20% larger than at
the same time last year. Trading was stimulated to some extent by cooler weather,
improved demand and higher prices in the wholesale fresh pork trade. Barrows and
gilts closed 50-75# higher on the average, sows mostly 250-$1.00 higher. The trade
was somewhat irregular at the advance, with some buyers resisting the advance while
others purchased freely. Order buyers and shipping interests as a general rule
competed more aggressively than in the previous week. Demand continued relatively
better for barrows and gilts weighing 200-230# than for both lighter and heavier
weights with buyers favoring the U. S. No. 1 and 2 grades when available over
others. Preference for such grades and weights was reflected in prices paid al-
though there was only a small proportion of the receipts sold strictly on a grade
basis. Sows made up from 9 to 20% of supplies in Southern and Eastern Corn Belt
sections and from 20 to 45% at Western Corn Belt markets. However, the proportion
of sows was less late in the week at a few Missouri River markets than early in the
period.
Stocker and feeder pigs were steady to 50# or more higher, those weighing 130#
downward sold at Kansas City from $11.00-12.75, at S. St. Paul $14.50-15.50 while
at Sioux City 120-160# $13.50-14.25, At Memphis Medium and Good 70-140# feeder pigs
sold at steady prices from $10.50-11.50, a few Choice to $12.00.
SHEEP AWD LAUBS
Spring slaughter lambs advanced $2.00-3.00 at most midwest markets, although
at Chicago advances were limited to $1.00 and at Fort Worth declines of $1,00 were
enforced. A diminishing supply of old-crop lambs and yearlings sold irregularly.
Both Chicago and Fort Worth showed declines of $1,00 or more, while at some mid-
west markets advances nearly equaled those scored.on spring lambs. In the South-
west the trend was also lower on ewes, although elsewhere slaughter ewes sold
steady to 50# higher. Feeder lambs sold unevenly steady to $2.00 lower. Higher
wholesale dressed lamb prices accompanying the cooler weather which prevailed
over much of the Eastern half of the country along with a further reduction in
receipts were strengthening factors in the market. Receipts at the 12 major
markets were down more than 10 percent and were the smallest in nearly a year.
A moderate number of spring lambs brought $24.00, but the bulk of the Good to
Prime grades sold at $20.00-23.50 except at Fort Worth where sales were up to
$19.00. Culls sold down to $12.00 and below. Old-crop shorn lambs and yearlings
grading Good and Choice sold at $15.00-19.00, mostly t17.50 down. Cull to Choice
shorn slaughter ewes brought $2.00-5.00. Feeder lambs sold mainly at $18.75 down,
although some old-crop ewe lambs reached $19.50. Full mouthed breeding ewes sold
at $6.00-10.00 and younger ewes $9.00-12.00.
WESTERN LIVESTOCK REVIEW
Smaller supplies were offset by the warm weather and a slight slowing in the
beef trade with the result that slaughter steers sold steady to weak, except
Continued on page 546.






530


WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
------------------- --------------------- ----r -- ------- .....0------r-------------i ------
Cattle Calves Hogs Sheep
t ~ ~ ~ --------------- .- -- 1 --------- ??P --------- ~,,.~ L_...~ 3cSbe. ,,,,
Mar. June July :J JuneJune : July June July
e" 30 2 30 2 30 2 30 2
1956 1955 : 1956 1955 _1956 1955 1956 1955
Chicago--........ 40,161 39, 485 1,683 1,982 37,686 42,074 2,676 3,171
Cincinnati..... 3,629 4,014 1.175 1,365 11,914 10,349 2,931 1,989
Denve............ 13,660 11,934 678 263 3,003 2,670 4,109 4,211
Fort Worth.........- 22,115 16,199 4,029 3,792 3,767 2,181 17,757 24,753
Indianapolis -..--... 8,123 6,890 1,391 1,378 42,350 28,201 2,619 2,409
Kansas City------- 16,809 15,282 1,189 1,958 10,699 7,028 5,380 8,081
Oklahoma City...... 18,588 15,954 2,201 2,220 4,488 2,819 4,164 3,702
Omaahoa........... 34,741 35,926 724 641 32,233 30,791 8,991 7,768
St. Joseph-.....-.. 13,543 12,985 841 1,142 23,355 17,474 5,094 5,062
St. Louis NSY....... 16,720 14,615 3,464 3,869 49,499 29,772 6,780 6,321
Sioux City......... 24,720 21,696 747 642 25,555 26:126 3,374 4,696
S. St. Paul .....--.. 20,549 18,550 5,951 6,652 38,523 39,821 2,454 2,545


Total...--....---....233358 213,530 24,073 25,904 283,072 239,306 66,329 74,708
June 23, 1956 251,536 30,104 287,923 73,613
INTERIOR IOWA AND SOUTHERN MINNESOTA
Week ended: Hogs Sheep
June 30, 1956 ............... 251,500 22,200
June 23, 1956 ...-............ 225,000 21,100
July 2, 1955 -....--..----.. 205,500 25,700
F........ EEDER AND STOCKER CAT TLE: AVERAGE COST, WEIGHT, AND NUMBER......
----------- ------------------------------------------------------------
Week ended Month : Five months
SJune 28: June 1 June 30 May May Jan.4y
1956 1956 : 1955 : 1956 : 1955 1956 : 1955
Steers 1001T up 43 33 25 1,367 2,107 8,302 13,062
901-1000 258 449 325 3,341 4,842 26,383 39,412
801-900 1,701 1,827 1,200 8,747 7,646 54,880 59,633
701-800 2,924 3,105 2,322 14,182 13,229 69,581 69,119
501-700 9,350 10,416 7,410 41,098 41,101 187,115 200,452


Total steers 10 mkts.
Av. wts." "
Av.cost*" "
S" Chicago
*" "Ks. City
"O Omaha
"8 "S. St. Paul
Sioux City
Denver
Ft. Worth
Okla. City
SS. St. Joseph
Natl. Stk. Yds.
Total calves-10 mkts.
cows.
heifers, bolls- "


14,276
664#
$15.64
17.00
16.38
15.74
15.30
15.62
17.06
14.76
14.89
15.17
16.48
9,000


5,575


15,930
663#
$16.00
17.77
16.46
16.14
16.60
16.07
16.84
14.81
14.98
15.79
16.18
9,545


11,282
6589
$18.05
20.30
18.04
18.30
17.69
18.89
19.73
17.42
16.49
17.94
18.23
6,537


68,735
686f
$16.98
17.93
17.68
16.95
16.05
17.78
17.78
15.68
15.72
16.48
16.95
26.322


68,92P
692"*
$18.95
20.33
20.01
18.51
17.23
19.63
20.17
17.58
17.45
18.44
18.49
28,552


346,261
704#
$16.86
17.49
17.41
16.72
15.58
17.20
17.40
16.25
16.14
16.53
16.46
117,892


381,678
714#
$19.93
20.31
20.74
19.86
18.09
20.35
21.59
18.74
18.82
19.67
18.88
153,845


6,456 4,062 20,116 19,681 69,644 83,474


* Not adjusted for differences in grade of cattle sold at each market.






BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER


: Number of head


: Percent of
: total


SAverage weight
: (ncmndsi


: bz gra des_ :
Grade z: W-eek ended
June : June : June


: 28 : 21 :
:_1956 _1956:


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' 1.
Utility
All grades_

Prime
Choice
Good
Standard
Com I.
Utility
All grades


4369
18570
4264
1167
-M
278
28648

522
12242
3886


640
mm
118
17408


1
II


30
185
54
6


276


113
40
5

1
161


26
08
21
08
15
97


30 : 28 : 21 : 30 :
1955: 1956: 1956: 1955:
CHICAGO
3080 15.2 10.9 12.2
16035 64.8 66.9 63.6
5398 14.9 19.6 21.4
4.1 2.2 --
638 .1 2.6
55 1.0 .3 .2


*75 25206

53 186
51 11475
156 4471
00 --
-- 839
18 93
.78 17064


162 40 5Q3
551 4933 5622
18 3105 3078
240 254 -
- -- 309
94 77 11


9965 8409 9523


194 108
3180 2868
1647 1857
280 583
11 --
16 86
5328 5502


-
2638
1910
849

131
5528


-
2185
2333
1007

196
5721


262 29
3572 2907
2003 1997
277 299


-N
26
6140


56
129
5361


27
1525
1316
0-0
428
146
3442

39
1524
1541

435
220
3759

1
2801
1827
Mm
483
57
5169


OMAHA 17


28 i
1956:

1263
1139
966
874

820
1118


.0 .9 1.1 1265
70.3 70.2 67.3 1120
22.3 25.1 26.2 970
3.7 3.1 914
.- 4.9 --
.7 .7 .5 899
1082
SIOUX CITf -
1.6 .5 5.3 1270
76.8 58.7 59.0 1151
18.2 36.9 32.3 964
2.4 3.0 937
-m 3.3 -
1.0 .9 .1 839


S KANSAS
3.6 1.9
59.6 52.1
31.0 33.8
5.3 10.6
.2
.3 1.6

ST.IOUI


47.7
34.6
15.3


4
58
32
4


38.2
40.8
17.6


1111
CITYi7 -
.8 1108
44.3 1110
38.2 1030
m- 972
12.4 1252
4.3 949
1078
NS :S1:


1.0
40.5
41.0
-- D


1069
988
880


-- 1.. -
2.4 3.4 5.9 820
1006
S. ST. JOSEPHZ -
I.3 .5 1162
.2 54.2 54.2 1091
i.6 37.3 35.4 1016
. 5 5.6 -- 952
- -- 9.3 -
.4 2.4 1.1 755
1062


21 :
1956:

1264
1151
1010
872
1081
818
1128

1286
1118
981
893
--
867
1077

1267
1139
976
908
-C
846
1070

1200
1087
995
884

875
1033


: Average price
: in dollars
- per 100 lb._


June


30 :
1955:

1247
1126
992

955
991
1108

1210
1091
974
--
935
827
1053

1238
1100
981

1004
777
1065

921
1152
1015
-m
987
901
1067


1195
1048 1022
988 944
918 m-
848
901 875
996 963

1311 1070
1101 1102
1045 1033
916 --
-- 1012
805 865
1064 1067


28 : 21 :
1956: 1956:


22.20
20.90
19.18
17.15
-
14.65
20.74

21.65
20.30
18.22
15.76

13.16
19.75

21.52
20.29
18.33
15.71
--
14.03
19.86

22.38
20.84
18.96
16.68
15.75
14.00
20.12


-
20.60
19.09
16.97

13.99
19 47_

21.57
20.44
18.79
16.82


22.06
20.69
19.00
16.74
15.50
14.74
20.48

21.38
19.63
17.90
15.40

13.53
19.11

20.84
19.79
18.26
16.22
--
14.05
19.15

21.38
20.34
18.65
16.38

12.51
19.35


mm
20.27
19.18
17.37
-
14.82
19 19

20.64
20.16
18.50
16.01


13.22 13.59
19.81 19.24
Continued


30
1955

23.85
22.36
20.52
-w
17.53
15.33
22.09

22.70
21.35
19.45

17.17
14.90
20.70

23.04
21.43
19.71

17.56
16.00
20.89

23.25
22.33
20.51

17.94
15.49
20.92

22.92
21.72
20.10

17.84
15.28
20.35

22.99
21.78
20.02

17.58
14.34
20.74


531


---.


rlr r


2





532


BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER
- - --- - -
: : Percent of Average weight Average price
: Number of head : total (pounds) : in dollars
: ____ b g-rades : -_ : er 00 lb.
Grade : Week ended
:June :June June June
: 28 : 21 : 30 28 : 21 : 30 28 : 21 : 30: 28 : 21 : 30
: 19F6: 1956: 1955: 1956: 1956: 1955: 1956: 1956: 1955: 1956: 19F6: 19F5
DEIIV 1J
Prime 16 35 .3 .5 -- 1328 1080 -- 21.00 23.25
Choice 4602 4648 5714 66.9 80.4 86.9 1159 1146 1105 20.8820.50 22.57
Good 2106 1020 799 30.6 17.6 12.2 1055 1084 1025 19.6419.04 20.69
Standard 129 73 1,9 1.3 -- 967 1031 16.57 15.56 --
Conm' -- 28 -- .4 1071 16.F6
Utility 44 23 -- .6 .4 882 968 -- 13.77 14.00
All grades 6881 5780 6576 1122 1133 1095 20.42 20.17 22.33
1/ These summaries developed from data collected on marketing of fed cattle by
the Agricultural Estimates Division.


ESTIMATED FEDERALLY INSPECT SLAUGHTER AND MEAT PRODUCTION
: n : v5L : Pork : Lamb :Ta :'t
Beef Veal Pork Lamb Total Total
:- -e: --- ---- : (exicl.lard : and Mutton : :lard
: Num : ro :Num-:: : Nu meat Numa: rd
Prod. Prod. : Prod. Prod. prod. prod.
: ber : : ber : ber : ber: -
1,000 mil.lb. 1900 mil.lb. 1000 mil.lb. 100 mil.1b.mil.lb.mil.lb.
1956 389 215.5 129 17.0 989 139.5 243 10.7 382.7
1956 385 213.3 141 18.6 997 140.7 251 11.0 383.6 -
19561/ 426 145 1,057 283 39.6
1955 355 188.6 134 17.6 785 118.6 255 10.9 335.7 31.8


Percentage change from:
June 23, 1956 + 1
July 2, 1955 +10


Week : Catt
ended
: Live :D
June 30, 1956 990
June 23, 1956 990
June 16, 1956 990
July 2, 1955 958
1J Actual slaughter.


+1 -9 -9 -1 -1 -3 -3 0
+14 -4 -3 +26 +18 -5 -2 +14
SAverage_weight (lb.) :Lard
l e CIes : o : Sheep :yield


ressed: Live
554 240
554 240
550 240
531 237


--- -: ---- /: and Lambs :per
:Dressed: Live :Dressed: Live :Dressed:100 lb.
132 252 141 90 44 -
132 252 141 90 44 -
132 251 141 92 45 -
131 268 151 89 43 15.1


2/ Excludes lard.


Week
ended


June
June
June
July


30,
23,
16,
2,


,v


--- ------


v


----- --










I rCU fMac mcuc
Io -o Mwo oIn 0rt




I a** fC



It
og _'ly 1cu c o oI 4o


I* SO ,-9 W 99 ,l V % .q U.
SI"





I I rIs am(ellr wO U tO 0
arr A s -It cm Cn ,. -4 --t w-.. .
S-I-Cu CUMM Cu M f-0\





* t i 0
in af cuOa C a



m I C 0" H rr "
i ** w- ti
Cuj









a in M -ud-o tcr *-* o
cuo : U-% F\J \ Df\0 C4twN;t rCU




-I o a ia a a- a cu
H.T I
DI








.o 'o o


li us to Ir trely I w ,
SO SOrll M" Q( MLR





II ** 94
SP UO r-- a ul O% CU or-- a





| .. .



S i -1 c o e- ue r- c u ~t- to
tre 0 r-0 Q U *L 0 to



I WAD 0 0 Il% %D c lwO ON n*%
^0 |r4 0 0 1, 0 Om Fc0 u ^CIU (

it *t U *U rr-' (I H 0C





I alo .a a a a

( 0 *r 3 <; : r4 od)
o< (D 0 W r


Cu a H HH H H
0o og0 SiC1


9.ob 99 .4
5':::: :::
:c~ : : : : :!
r~:$dOVIVI;BH.0


HJ CU 0r
ao aa
^0 lCr


Ino Atr-

a-a cua



N ON
rfcuCU







aK0o o o


0s N*
r- O '






a aO a
0 H I-- r
*(:




cu c% iMA




I -o H c

I--bo % 1
Cu H CU


4C~cu

( M
I CM
' 0


4 ca
r4

I

I I





to t
Scu

ou




to cul




I a




r- H

I CU
1 r c









S01
4I C 9









-I 4 )
1 r.1 *
I.


o tiIX
..i











4 iE- c1
S, r Ir
1 01


I


II




I i
I


..I
oH
I 10 rC 10


1H **1


,E-- ** S **

I 6 I .

I 1 |-I. d -
0 I

E- I~I ..** ** I


,0 I. I 91,
o 10 1 C'201






I- 3 I .
i,'19 ll -l








0 I .. I 9 1
Iri


o 2 I I1
E- l I. 0l9 H


1H l .': ic\)


I ..I SO O ISO
1 H I041



10 ,
H a II .. 9I 9







p o
I l
I ** ** CI








I I IM to
-4 .r-1 *9





I1i II
I_ -- I H!


Ir!I I


0






10
Ui


pC 0 I *| c .


1I




oi
al
'il
e


10 ~ ~
W4 ^


I
t\ cu


rN Cl


* 9

Co 0
A A


E- 0 1to







r-I r-


* c *


t o to

com








mQ I


! -a l


533


o
0*



H
(o


0)



tO

*
CO


Iul


Y" )-
COtO
8 8


n a
0
^ i8
A~ ;






534
CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
SI I------- ------------- r --
Chicago Kansas City Omaha
-"-------------------------------------------------------------
Classification June: June July June June JuTly June June July
30 2: 2 2 30 23 2 30 23 2
1956 1956 1955 1956 : 1956 ,1955 1956 1956 1955
-------------------- ----'-- ---------L------------ 1956
SSlaughter cattle. calves and vealers
Steers -


Prime 900-11001
1100-1300
Choice 900-1100
1100-1300
Good 900-1100
Standard-All wts.
Heifers -
Prime 600-800#
Choice "
Good 500-900
Standard-All wts.
Cows All weights
Commercial
Utility
Canner & Cutter


22.68
22.82
21.10
21.10
19.02
16.62


20.35
18.34
15.82

13.00
11.80
10.42


Bulls All weights .
Utility & Commercial 15.42
Calves 500# down -
Choicej/ 16.00
Com'l. & Good 13.00
Vealers All weights -
Choice & Prime 19,50
Com'l. & Good 16.55


22.58
22.55
20.62
20.60
18.58
16.42


20.20
18.08
15.68

13.10
11.90
10.48


24.45
24.20
22.90
22.60
20.20



21.78
19.68


13.50
12.20
10.60


: 22.60
: 22.45
: 21.10
: 20.90
: 19.00
: 16.65
i
s 20.55
S17.79
: 15.12

S12.52
: 11.35
: 9.82


15.50 16.08 13.50


16.80
13.60

20.20
16.55


19.50
16.00

22.40
18.50


:16.95
:14.18

:17.20
:14.35


21.98
21.62
20.35
20.28
18.28
15.92


19.95
17.36
14.70

12.48
11.10
9.62


24.08
24.10
22.58
22.32
20.32



21.82
19.51


14.10
11.85
9.88


: 22.45
: 22.30
: 20.48
: 20.48
: 17.88
: 15.58


: 19.82
: 17.55
: 15.28

:12.70
: 11.50
: 10.05


13.50 13.37 13.42


15.95
13.22

16.95
14.02


18.70
15.20

19.00
15.50


: 15.00
:12.78

:16.88
:13.42


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 300-500# .
Steers -
Good & Choice
Heifers -
A-ood & Choice


19.88
17.62
15.50

17.50
15.12


20.08
17.78
15.65

17.62
15.20


22.28
20.40
17.25


:19.25
:16.88
S14.25


19.00 :17.38
16.00 :14.38


19.32
17.00
14.25

17.52
14.48


22.42
19.95
16.28

18.38
14.85


:18.50
:16.62
:14.50

:16.88
:14.25


S :10.00 10.05 11.00 :10.50


19.50 19.90 21.50 :17.75 18.00 21.35 :18.50

17.50 17.65 18.50 :16.25 16.70 17.82 :16.25


18.60
16.60
14.20

16.90
14.30


22.38
20.25
17.50

19.12
15.75


10.25 11.50


17.75 21.50

15.75 18.25


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


22.22
21.92
19.98
20.02
17.30
15.15


19.40
17.04
14.82

12.00
10.88
9.38


13.51

15.00
12.50

16.88
13.00


23.60
23.40
21.72
21.55
19.60



21.58
19.45
--N

13.38
11.92
10.45


14.04

18.50
14.50

20.50
16.25







HOGS: WEEKLY AVERAGE OF DAILY QUOTATIONS 535
In dollars per 100 po .. .
IV-----------------------.------- -
Inttrfpr Iowa and ,
Chicago southern Minnesota Indianapolis
Classification n ------- June---------- July, June J--- July
30 : 23 30 I 23 30 23
S1956 1956 1956 6 1955 1956 1956 1955 1956 1956 1955
-..- -- ---- -- ----------- ----- -- -- -- .... .--------- -------- --------
Barrows and gilts -
U,S, N,1, 160-180# 15.55 15.05 18.75 : 14.22 14.14 17.34 : 15.28 15.18 19.02
2 and 5 180-200 16.46 16.01 20.28 : 15.77 15.67 18.66 : 16.58 16.20 20.45
200-220 16.77 16.35 20.30 : 16.36 16.16 18.91 : 16.71 16.22 20.52
220-240 16.75 16.28 20.05 : 16.26 16.00 18.53 :16.49 16.06 20.35
240-270 16.41 15.88 19.22 : 15.76 15.46 17.91 : 16.32 15.72 19.88
270-300 16.02 15.60 18.38 : 15.10 14.85 17.13 : 15.78 15.28 19.30
Sows -
Choice 300-330# 15.15 14.78 17.30 : 14.42 14.05 15.59 : 14.60 14.22 17.65
360-400 14.00 13.70 15.35 s 13.35 12.99 14.14 : 13.60 13.08 15.88
450-550 12.52 12.32 13.38 : 11.47 11.23 12.08 : 12.60 11.80 14.30
Pigs (Feeder) -
Gd. & Ch. All ts, -- : -- : -
St. Louis #
Omaha St Sioux City
National Stock Yards
Barrows and gilts -
U.,S.N:1, 160-180 15.91 15.64 19.92 : -
2 and 3 180-200 16.72 16.42 19.52 : 16.70 16.31 20.45 : 16.07 15.78 18.72
200-220 16.72 16.42 19.52 : 16.70 16.31 20.40 : 16.66 16.30 19.35
220-240 16.72 16.42 19.52 : 16.70 16.28 20.04 16.58 16.25 19.25
240-270 16.52 16.08 18.48 : 16.28 15.84 19.30 : 16.25 15.98 18.48
270300 15.92 15.62 17.40 : 15.40 15.25 18.32 s 15.68 15.44 17.28
Sows -
Choice 300-330# 15.12 14.68 16.35 : 14.45 14.10 17.05 : 14.98 14.52 15.88
360-400 13.92 13.45 14.15 : 13.78 13.65 16.00 : 13.40 12.95 -13.98
450-550 12.38 11.98 12.48 : 12.28 12.32 14.10 : 11.75 11.50 -12.40
Pigs (Feeder) .
Gd. & Ch. Al ]. ts. -- -- : -- --
---------------------------T- 7 -r -- ---- -------~ --.--- --- -- -- ----*" -
S. St. Paul Baltimore : N. Portland
--------- --------- --- ,---- -------------------------------------- ----------- --------
Barrows and gilts -
U.S.No.1, 160-I80# 16.35 16.22 19.00 : 16.69 16.78 21.00 : 18.25 18.25 21.31
2 and 3 180-200 16.82 16.48 19.50 = 17.44 17.28 21.50 t 19.03 18.84 21.97
200-220 16.82 16.48 19.48 s 17.44 17.28 21.50 : 19.03 18.84 21.97
220-240 16.82 16.48 19.15 : 17.25 17.28 21.16 : 18.62 18.59 21.38
240-270 16.70 16.12 18.40 : 16.56 16.65 20.50 : 17.50 17.23 19.88
270-300 15.42 17.40 : 15.66 15.90 18.72 t 16.88 16.38 19.12
Sows -
Choice 300-330# 14.48 14.28 16.60 i 13.00 12.80 16.41 : 15.50 15.50 15.12
360-400 13.48 13.02 14.28 : 12.91 12.80 16.41 t 13.75 13.75 13.81
450-550 12.35 11.68 12.08 : 11.50 11.32 14.28 : 12.25 12.25 12.81
Pigs (Feeder) .
Gd. & Ch. All wta. 14.85 14.65 17.95: -- 16.00 -






536


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 pur 100 pounds
Barrows June 30,1956 16.42 16.36 16.48 16.35 16.14 16.38 16.10 16.46 16.35
and June 23,1956 15.94 16.13 16.16 16.16 16.03 16.23 15.85 16.08 16.07
gilts July 2,1955 19.70 19.98 19.13 18.89 18.75 19.20 18.69 20.25 19.46
June 30,1956 13.74 13.28 13.51 14.11 13.91 14.15 13.75 13.09 13.76
Sows June 23,1956 13.34 13.28 13.17 13.80 13.47 13.64 13.36 12.49 13.39
July 2,1955 15.36 15.61 14.29 14.95 14.69 14.98 15.12 15.9 1A507
AV R G ^ jg v^ ----------- ----^ ------------------------ ^5
AVERAGE WEIGHT Pounds
Barrows June 30,1956 228 215 217 221 223 216 222 217 219
and June 23,1956 228 215 217 222 220 216 226 221 220
gilts July .21955 229 212 227 226 229 216 219 217 220
June 30,1956 392 392 394 353 344 361 349 418 367
Sows June 23,1956 395 386 401 355 350 366 354 423 371
July 2,19955 383 390 407 353 345 365 344 4. 362
NUMBER OF HEAD -
Barrows June 30,1956 21071 41893 9225 18051 12941 18918 19433 35635 177167
and June 23,1956 20127 44221 9371 19675 12350 20558 21385 31938 179625
gilts Jul._y 2,1.955 21073 24153 6044 13096 9790 13450 17737 21625 12696.
June 30,1956 12228 3805 708 11242 10364 3224 13424 5035 60030
Sows June 23,1956 11532 4753 935 12695 9548 3531 12749 4847 60590
Jl 2.19,55. 14947, _.3295 732. 15459 .4097 3683 ...,9 ... .4 -0. 7.-b..
SOWS .Percenta e of total
June 30,1956 37 8 7 38 44 15 41 12 25
June 23,1956 36 10 9 39 44 15 37 13 25
JuL 21955 41 12 11 54 59 22 52 16 37
....... ..._..- __,, 9..5..... ........ ..... ...... ......59....
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG. COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
-. .. -'"- G--ross s'pre-ad ..
SHog products 1/ Hog prices 2/ :r margin 3/s
---------------------------- --------r-------------------------
June 30, 1956 $18.39 $16.77 $1.62
June 23, 1956 18.06 16.35 1.71
J. _A.. 2 1955 ......... Q_,.0.69 ......... 20.30 ......- ....39 ?__.......
1 / Value of all edible products, fresh basis (lard rendered) in 100 lb. of live hog com-
puted from wholesale prices on carlot basis. Chicago, reported by National Provisioner
daily market report.
2/ Mean of daily quotations on U. S. No. 1, 2 and 3 hogs, 200-220# 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, ./ Hog-corn
Week ended glts No. 3, yellow price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
June 30, 1956 16.42 152.3 i 0 ...'1
June 23, 1956 15.94 151.8 10.5
Jj 2,1955 19.70 148.7 13.2
.1 Simple average price. j






537
SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
----------~---------------~------~---------~
: : i : :Ogden &:South
cago :Kansas : Fort :Derner sNorth :San
SCity : Worth t :Salt :Fran-
-: : : Lake : cisco


LAMBS (SPRING) -
Choice and June 30, 1956
Prime June 23, 1956
Jlay1 2. 1955
Good and June 30, 1956
Choice June 23, 1956
Juy_ 2, 1955
EWES (SHORN) .
Good and June 30, 1956
Choice June 23, 1956
Jy 2,_1955
Cull and June 30, 1956
Utility June 23, 1956
,_- ._1955
FEEDER LAMBS -


Good and
Choice


June
June
July


30,
23,
2


22.62
23.10
22.75
21.25
21.50
21.75

4.00
4.00
4.50
3.00
3.00
3.50


22,52
20.80
21.50
21.15
19.80
20.65

4.58
4.12
4.85
3.48
3.12
3.65


22.15
21.08
21.38
20.35
18.95
19.38

4.00
3.82
4.75
3.00
3.08
3.75


22.92
21.70
22.50
17.95 21.38
19.50 20.22
19.00 20.38


5.60
- 5.45
- 5.25
-- 4.15
-- 3.58
- 3.38


1956 18.00 13.80
1956 20.00 14.60
1955 ...- 14.05


17.25
17.35
17.55


21.40
20.90
20.55
20 15
19.65
19.20

4.00
4.75
4.75
2.75
3.00
3.00

17.45
17.25
17.25


20.25
22.06
20.25
19.25
21.00
19.50

3.50
3.50
3.75
3.00
3.00
3.00

17.00
15.75
16.00


Week ended


June
June
July

June
June
July




June
June
July


29,
22,
1,

29,
22,
1,



29,
22,
1,


1956
1956
1955

1956
1956
1955




1956
1956
1956


ESTIMATED PERCENT FEEDER AND STOCKER CATTLE
AND SLAUGHTER COWS IN SALABLE RECEIPTS
:C o : Kansas : .O a S. St. :St.Louis:
Chicago City_ : Joseph : NSY :
Feeders and stockers
3 29 9 9 5


8
2

7
4
10
Indian-
_agolia. _


28 10 12
32 8 10
Slaughter cows
17 12 13
22 17 28
18 9 16

Denver Fort
S- Worth _
Feeders and stockers


9 5 35
Slaughter cows
Slaughter cows


16
26
30
Okla.
City_


Sioux :
City -


S. St.
Paul


15 40
9 30

I Wichita : San
: : Antonio


40 38 40
40 30 30
65 32 42


June 29, 1956
June 22, 1956
July 1, 1955


11 17 30 20 33 33
16 15 25 20 35 40
23 12 33 18 29 35
-------------------------------------------


~ ,,


,,,






538
sEW YORK WHOLESALE MAT TRADE REVIEW
Western Dressed Fresh Meats

Unloads of Western dressed steer beef averaged barely normal during the week,
with other classes represented in moderate quantities. Receipts of veal, calf and
lamb were supplemented by some carryover from the previous week. The total supply
proved ample to excessive, the latter situation prevailing for lower grade lamb and
veal, and practically all calf offerings. Demand ranged from slow to fair, with
best action on beef ribs and loin cuts, well-finished fed lamb and the moderate sup-
ply of fresh pork. Price trends were uneven, and worked mostly lower, but downturns
on lama and fresh pork were checked in the face of rising costs at replacement levels.
Compared with Friday, a week earlier: Steer beef closed mostly 50# to $1.50 lower;
cow beef steady, calf weak to $1.00 or more lower; veal mostly $1.00 lower; spring
lamb steady to $4.00 higher; pork loins $1.00-3.00 higher, and other fresh pozk cats
steady to $1.00 higher.
Realizations on beef carcasses through the sale of wholesale cuts were gener-
ally poor, with some late sales lower. Trading on rounds and arm chucks was particu-
larly depressed, and these sold progressively lower. Outlet for loin cuts and ribs
was dependable at higher prices, but advances were insufficient to overcome losses
on the slower moving cuts.
The general market tone on veal and calf was weak throughout. The bulk of
carried-over lots, mainly lower grades, sold on a peddling basis. Most wholesalers
encountered difficulty in clearing spring lamb supplies carried from the previous
week. The market on preferred weight well-finished offerings scaling above 45#
turned -pward, and closed about $4.00 higher.
Demand for Western dressed fresh pork cuts was slow but rather dependable. Some
uneasiness prevailed early, in view of the slow trade and unsettled price situation.
Prices advanced after midsession, spurred to some extent by higher prices on live
hogs and reduced marketing.
Local Dressed Fresh Meats
Supplies on all classes proved ample throughout, and full clearances appeared
imminent. Price trends were mostly lower, but downturns on lamb and fresh pork were
stemmed around midweek, as local operators were confronted with advanced replacement
costs. Movement of kosher classes was only fair at best, and the general market
worked weak to lower.
Movement of steer hindquarters was fairly dependable at the outset, but demand
thereafter swung to loin cuts, which resulted in accumulations of rounds in most
coolers. Demand for arm chucks lagged progressively, and these along with rounds
worked progressively lower. Prices on short loins, hips and ribs however, held fully
steady to around $4.00 higher. Prices on kosher forequarters and arm checks averaged
$1.00-2.00 below the previous week in a slow trade.
Prices on both veal and calf hindsaddles were steady, despite numerous efforts
on the part of sellers to advance the going market. Daily clearances were slow and
under pressure, particularly on the fair representation of lower grades. Weight and
finish were influencing factors for the bulk of sales in the lamb division. Very
few out of daily kills averaged 50-65# and euch weight groups were in broad demand
in retail channels and hotel supply.outlets. Prices worked about $3.00 lower on
early rounds, but losses were more than offset by gains on sales after midweek. The
market on kosher spring lamb foresaddles followed a definitely weak early pattern,
but leveled off around midweek. Some difficulty was experienced, however, in moving
poor quality kinds.
Early sales of locally dressed fresh pork cuts were made at lower prices, but
thereafter, wholesalers presented firm price stands throughout the list. Current
kills wbre increased by about 2,000 head, but full clearance of available supplies
seemed assured.


I






539
CHICAGO WHOLESALE MEAT TRADE REVIEW

The week's beef supply, which consisted largely of Good and Choice grades, was
moderate, but adequate. Fresh pork cut offerings were reduced but in most instances
supplies proved ample. Spring lambs comprised the bulk of moderate tonnage in this
class, old crop offerings scarce. Veal was about normal, with all weights and grades
represented. After Monday, pork loins registered sharp advances in a moderately to
fairly active trade, while other pork cuts held mostly steady. Carcass beef trading
was rather slow. However, most wholesale cuts of beef had dependable outlets at
mostly higher prices. Advanced replacement costs, increased interest, and moderation
of supplies were factors in the week's higher beef and pork prices. Carcass lamb
trading was spotty early, but turned fairly active. In lamb cuts, buyers favored
ribs and loins. In most quarters lamb sellers found it extremely difficult to clean
up carried over stocks, and this contributed weakness to fresh marketing early in
the week. Veal trade was mostly slow, however, prices were little changed. Fairly
good clearances of fresh meat at wholesale levels resulted, the only exceptions being
lamb legs, and possibly some veal. Compared to the previous Thursdays close:
Standard beef 50# to $1.00 lower, other grades 50# to $1.50 higher; veal steady;
spring lamb mostly $2.00-3.00 higher; pork loins $4.00-7.00 higher; other pork cuts
mostly steady. Choice and Prime square cut beef chucks sold at $24.00-26.00, compa-
rable rounds $41.00-43.00; Prime loins $80.00-85.00 considering weight and kind;
Choice loins $67.00-70.00; Prime ribs $55.00-57.00, Choice $46.00-48.00. Choice and
Prime kosher style beef chucks brought $26.00-29.00. Pork loins 8-13 sold at
$44.00-47.00, 12-16# $39.00-44.00; Boston butts, 4-8# $31.00-35.00 and spareribs 3#
and down $37.00-42.00.
PACIFIC COAST WHOLESALE MEAT TRADE REVIEW
Supplies were adequate on most all classes of fresh meats at Pacific Coast
cities. Choice steer carcasses under 600# were still in the most limited quantities
while other steer carcasses were more liberal'due to a moderate to light demand in-
fluenced by the approaching monthend inventories and the Fourth of July holiday,
switching the demand to sausage items and loins of beef. Spring lamb was under con-
tinued pressure with pork loins somewhat in smaller supply because of reduced ship-
ments to the West Coast. Trading was moderate on most beef, slow on veal, calf and
spring lamb and fair to slow on pork. Prices compared with previous Friday's close:
Steer beef steady to $1.00 higher; cow mostly steady except instances $1.00 lower in
the Pacific Northwest; veal and calf steady to $2.00 lower; spring lamb $2.00-5.00
lower; fresh pork mostly steady, some sales pork loins $1.00-2.00 higher and Boston
butts $2.00-3.00 lower in California; cured pork steady, instances smoked skinned
hams $1.00 higher at Los Angeles; lard 35# to $1.00 lower.
Choice steer carcasses under 700# sold from $34.50-38.00, only a few under 600#
at the higher price; 700-800# $33.50-37.00; Good 500-700# $31.00-37.00; Standard
$29.00-34.00. A few Standard cow carcasses were available at $28.00-34,00; Commercial
cow mostly $24.00-29.00; Utility $22.00-27.00; Canner and Cutter $18.00-24.00; Utility
and Commercial bull $26.00-30.00.
Good and Choice calf under 300# cashed from $30.00-39.00; Commercial $26.00-
33.00; Good and Choice veal under 150# $31.00-40.00, a few Choice to $42.00 at Los
Angeles. Choice and Prime spring lamb under 55# brought $42.00-48.00; Good $39.00-
46.00. Pork loins under 16# $43.00-53.00; shoulders $28.00-38.00; spareribs under 3#
$42.00-49.00; smoked 12-16# skinned hams $52.00-59.00; slab bacon under 10# $32.00-
44.00; sliced 1# packages of bacon $41.00-50.00; smoked picnics under 8# $29.00-36.00;
lard in 1# cartons $14.50-19.00.






540


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


New York


Classification


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 90-120#
Choice 90-120
Good 90-120
Spring lamb -
Prime 30-45#


Choice


45-55
45-55
55-65


Good, all wt
Pork Fresh -
Loins 8.


5.

-12#


12-16
Butts 4-8
Pork Cured -
Hams, sink. skd.
12-16#
16-18
18-20


: June : June : July : June
S30 : 23 : 2 : 30
: 1956 : 1956 s 1955 : 1956


37.50
37.00
-
35.25
32.25
-

28.00
26.50

39.50
33.00
29.50

43.40
46.30
46.30
46.20
36.10

42.10
40.10
37.00


52.00
46.50
-


Bacon, smk. slab -


6-8#
8-10
Sliced, 1# pkg.
Picnics, sink. -
4-8#
Backs,D.S. 16-20#
Lard, 1# cartons -
Refined
Substitutes


-a
34.50
42.50

30.50
15.50


16.50 16.50
-


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
40.70
37.40


52.00
46.50
-


34.50
42.50

30.50
15.50


37.40
37.40
35.60
35.60
33.05
30.95


-a
40.50

38.50
35.50
a-

30.50
27.50

38.90
34.40
31.90

46.90
45.90
45.90
a-
40.30

51.30
47.20
39.00


54.00
50.50



44.00
52.50

34.50
15.00

16.50
a-.M


Chicago
: June : July
: 23 : 2
: 1956 : 1955


37.00
37.00
34.65
34.65
33.00
31.25

-a


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


39.80
39.95
37.25
36.95
36.00
Mod


San Aranciaao


: June : June : July
: 30 : 23 : 2
S1956 : 1956 : 1955


37.50
36.00
34.00
31.00


- : 26.50
- : 23.50


40.70
36.20
35.00

48.30
47.30
47.30
a-
44.70

50.30
44.60
39.70


55.90
55.60
55.20

49.75
47.75
55.25

40.10
12.50

14.95
28.00


39.00
37.00

-a
46.00
45.00
43.00
40.60

49.20
49.20
40.00


57.50
55.50


42.00
40.00
46.00


37.50
36.00
34.00
31.00

26.50
24.10



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 32.00
-U -


: 38.50
: 34.50
: 32.50

: 45.60
: 45.60
: 45.60
: 44.50
:41.10

: 42.85
: 39.50
:33.00


: 54.20
: 54.70
: 54.75

: 35.85
: 34.15
: 42.55

: 33.55
S12.50

: 15.12
: 30.50


19.00
-


--

41.00
39.00
37.75
-M

29.00
25.50

-U
41.00
39.00


42.00
42.00
40.00
38.00

56.60
54.20
45.00


59.00
55.00


54.00
50.00
55.00

36.00


19.50


Note: Quotations at New York exclude locally dressed meats.


: 18.50
s -






541
BOSTON WOOL MARKET REVIEW

A substantial volume of greasy domestic worsted wools sold ih the Boston mar-
ket at higher prices compared to a week ago. Approximately forty-five cars of
various combing wools, principally of territory origin, were moved. Topmakers and
vertical mill buyers were active in the local market. Spot supplies were limited.
Activity in the woolen wool trade was dull and listless but showed signs of
buoyancy. Representatives of dealers and topmakers were buying up diminishing
supplies of original bag wools in the territory States while there was a good turn-
over of wool in Texas at higher prices. Activity in the fleece wool States was
rather slow with a firm tone.
Cabled quotations at midweek indicated the Australian auctions held very firm
under good general competition. Additional sales were scheduled for next week in
Australia to make up previously cancelled auctions. Some contracting of next
year's Urugnayan clip was reported this week.
Fleece Wools Graded fine staple Delaine wool sold at clean prices ranging
from $1.32-1.36 while graded fine, average French combing fleeces" brought $1.13
clean and good French combing and staple 60/62s fleeces moved at $1.15-1.20.
Graded 56/58s Ohio staple fleece wool sold at $1.07 clean basis while 50/54s
staple fleeces cost up to $1.03.
Territory Wools Good French combing and staple 60/62s territory wool sold
around $1.22 clean basis while 56/58s brought $1.12 and 50/54s moved at $1.04 and
$1.05 clean. Original bag Montana bulk fine and half blood with an edge of 3/8s
good French combing and staple wool sold around $1.18 clean basis.
Original clips in Montana containing bulk fine and half blood with an edge
of 3/8s sold at grease prices ranging from 40j)49# to the growers.
Texas Wools Original bag bulk good French combing 12 months Texas wool sold
at $1.33-1.34 while bulk average French combing wool in original bags brought
$1.30 clean basis.
Mohair A small volume of mostly poor style mohair remained unsold in Texas.
A little contracting continued at 80-81l# for adult and $1.00-1.01f for kid hair
to the warehouse. The local market was very quiet.
Sales of CCC Wools The Commodity Credit Corporation announced on June 28,
1956 that approximately 1,751,000 pounds of C.C.C.-owned wools were sold from bids
received on a total of about 3,795,000 pounds. The principal grades, quantities
and sales price ranges (before discounts, if any) follow:
Pounds Price RanKe

Graded territory fine staple and good French 641,520 $1.30-1.31
average and good French 153,326 1.25
1/2 blood staple and good French 233,317 1.25
Original bag territory average and good French 23,354 1.14
Texas 12 months good French and staple 59,260 1.402
Graded fleece fine Delaine 54,915 1.30
3 average and good French 22,421 1.10
S" 1/4 blood staple and good French 48/50s 233,224 .96- .9725

Carpet Wools Spot carpet wool business was very quiet while some trading
was noted in Nw Zealand crutchings around 83-85# for September-October delivery.
Buenos Aires carpet wools were firmer at better than 80# clean fibers present.
White Aleppo wools were priced at 88-890 for shipment while Pakistan-India white
vicaneer wools were quoted at 87*# and yellow vicaneer at 77# clean fibers
present for shipment.








PERCENTAGE DISTRIBUTION, BY CLASSES, OF CATTLE SLAUGHTERED
UNIER FEDERAL INSPECTION
s: : : Bulls and : Canners &
: Steers : Heifers : Cows B and Cutters
Region : : Stags all classes
S M--------ay May May May May
I May : M May : May : May


:1956:
Pct.
N. Atlantic States.. 69.0
S. Atlantic States..- 54.9
N.C. States -Eastern 64.9
N.C. States-N.Western 62.5
N.C. States-S.Western 62.3
S. Central States... 35.7
Mountain States..... 37.1
Pacific States...... 63.2


1955:
Pct.
60.9
34.0
60.9
57.8
55.9
21.0
31.7
61.2


1956:
Pet.
2.1
1.3
6.5
13.1
13.7
6.7
47.8
13.3


1955:
Pet.
1.9
1.4
4.9
15.4
17.5
7.2
50.8
12.5


1956:
Pct.
27.1
38.3
26.4
22.1
23.4
54.0
13.9
21.8


1955:
Pct.
33.7
50.4
31.9
24.8
25.9
67.6
15.9
24.4


1956:
Pct.
1.8
5.5
2.2
2.3
.6
3.6
1.2
1.7


1955:
Pet.
3.5
14.2
2.3
2.0
.7
4.2
1.6
1.9


1956: 1955
Pct. Pet.
15.5 18.7
23.6 40.8
12.3 13.7
9.8 8.2
9.5 13.8
34.9 42.0
6.8 7.3
7.7 8.9


LIVESTOCK SLAUGHTERED, UNITED STATES, MAY 1956, WITH COMPARISONS I1
SCattle- -- -------- Calv-es
Month :Other : : Av. : Other : : Av
and : Federally : whole- : Total : live : Federally whole-: Total live
period : Inspected : sale & : :weightsInspected: sale &: :weight
Sretail : : retail: : --
Thousand head Pounds Thousand head Pounds
y 1956 1,645.8 564.9 2,210.7 964 606.1 345 951.2 22y


Apr. 1956
Jan.-May
Jan. -May


May 1956
Apr. 1956
Jan.-May 195
Jan.-May 195
Exclude

Month and
- Period-

May 1956
Apr.1956
Jan.-May 195
Jan.-May 195
/ Exclude
3: Include


523.8
2,677.3
2,680.7
Hogs
1,000.5


2,068.5
10,614.2
10,051.2

5,875,6


S970 603.5 354.7 958.;
974 3,044.2 1,812.6 4,856.
939 2,923.4 1,994.2 4,917.1
: Sheep and lambs
236 1,062.8 155.8 1,218.


2
8
6

6


210
211
206


92


5,252.0 1,014.8 6,266.8 231 1,129.3 142.6 1,271.9 99
29,081.3 5,770.1 34,851.4 232 5,900.1 767.6 6,667.7 99
24,284.2 5,548.4 29,832.6 239 5,955.3 698.3 6,653.6 100
farm slaughter. "Other wholesale and retail" slaughter is estimated.


MEAT AND LARD PRODUCTION, UNITED STATES, MAY 1956 1/
------I I II-~C--~---- -- -- -- -- -


B e a: : LaMmb and
9 Beef Veal Pork 2/ : Muton
~~1~----- -----------------_ --
Mil io n Pound
1,195 121 778 54
1,121 112 813 60
6 5,763 569 4,532 316
'5 5,169 560 4,066 320
Is farm slaughter. 2/ Excludes lard and rendered
is rendered pork fat.


: rotal
1 meat 2

2,148
2,106
11,180
10,115
pork fat.


Sard 3

199
207
1,165
1,011


Agricultural Estimates Division.


542


Ma


1956
1955


1,544.7
7,936.9
7,370.5

4,875.1


6






543


AVERAGE PRICES RECEIVED BY FARMERS FOR LIVESTOCK, FEED AND WOOL l/


Commodity and unit


Farm prices -
Hogs per 100 lb.
Beef cattle "
Calves "
Sheep "
Lambs "
Wool per pound
Corn per bushel
Oats "
Barley "
Hay, all baled per toi
Cottonseed a a


:June 15
" 1956
:


Dollars
n
1,
'I

a,

n

S"
M


15.60
15.60
16.70
5.60
20.80
2/.411
1.42
.632
.931
19.80
47.40


Hog-corn price ratio 3/
United States Bushel 11.0
N. Central States 11.1
Iowa 10.9
Index numbers: (Av. Jan. 1910 Dec. 1914
All farm products 247
Feed grains and hay 192
Meat animals 252


May 15
1956 :

15.50
15.40
17.30
6,00
21.50
2/.411
1.39
.634
.963
20.90
47.30



11.2
11.1
= 100)
242
192
251


Apr. 15
1956

14.30
15.00
16.80
6.28
18.20
a/.403
1.32
.623
.949
21.00
46.90


Io0.8
11.0
10.8

235
185
237


June 15 : Average
1955 :Jan. 1947-
ec. 1949


17.70
16.40
17.30
5.77
19.90
Z/.450
1.40
.698
.995
21.10
52.00


12.6
12.8
12.1*


241
196
271


21.90
20.20
22.60
9.15
21.90
.460
1.64
.852
1,37
22.40
71.60
June av.
1935-54
12.5
13.2

1947-49
271
230
334


Prices paid by farmers -
All commodities 264 264 261 263 240
i/ Estimates of Crop Reporting Board. 27 Average local market price for wool
sold; does not include incentive payment to bring season average return to 62# per
pound. 3/ Number of bushels of corn equal in value to 100 pounds of hog,live wt.
Revised. EFFECTIVE PARITY PRICES FOR LIVESTOCK, FEED AND WOOL I/
: Base : Effective parity princess 3/
Commodity and unit z period : June 15 May 15 : June 15
: price 2_ 1956 1956 i 1955
Hogs per 100 lb. Dollars 7.47 21.40 21.40 21.30
Beef cattle 7.55 21.60 21.60 21.30
Calves 8.26 23.60 23.60 23.30
Lambs 8.30 23.70 23.70 23.30
Wool per pound /.214 .612 .612 .592
Corn per bushel /.642 &/1.77 _/1.77 1.83
Oats .301 .861 .861 .860
Barley .472 1.35 1.35 1.34
Cottonseed per ton 24.70 70.60 70.60 71.10
I Parity prices are computed under the provisions of Title III, Subtitle A,
Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agri-
cultural Acts of 1948, 1949 and 1954. 2/ Adjusted base price 1910-14 derived from
120 month, January 1946-December 1955, average, (including an allowance where ap-
propriate for unredeemed loans and other supplemental payments resulting from price
support operations) by dividing by 265 percent (the 120-month average of the Index
of prices Received by Farmers adjusted to include an allowance for unredeemed loans
and other supplementary payments) unless otherwise noted. Base period prices shown
apply for 1956 only. Z Effective parity prices as computed currently in months
indicated using base period prices and indexes then in effect. 4/ Adjusted base
price 1910-14 derived from 10 season average prices 1946-55 (including an allowance
where appropriate, for unredeemed loans and other supplemental payments resulting
from price support operations). 5/ 60-month average August 1909-July 1914. /
Transitional parity, basic commodities 95 percent and nonbasic commodities 65 per-
cent (70 percent during 1955) of parity price computed under formula in use prior
to January 1, 1950.










UNITED STATES EXPORTS AND IMPORTS OF MEATS

Commodity 9 Apr. Apr.
t t 1956 t 1986


Pounds rounds


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). . . .
SCanned meats .
Beef and veal.. . .....
Sausage, prepared sausage meats, bologna and
frankfurters . .
Pork . . .
Lard, includes rend. pork fat and shortening
(chief wt. animal fat) . .
Tallow, edible . .
Tallow, inedible . .
Inedible animal oils, greases and fats, n.e.c..


IMPORTS -
Beef, fresh or frozen. .
Veal, fresh or frozen. .
Beef and veal, pickled or cured. .
Canned beef (includes corned beef) .
Pork, fresh or chilled or frozen.. .
Hams, shoulders, bacon & other pork 1/
Canned cooked hams & shoulders .
Other pork, prepared or preserved 2~ .
Meats, fresh, chilled, frozen, n.e.s..
Meats, canned, prep. or press. n.e.s..
Lamb, mutton and goat meat .
Tallow, inedible ....
Animal fats and greases, n.e.s.. ..


0 0


2,467,564
953,824

1,248,513

4,322,179


423,193
1,355,030

1,242,060

4,713,589

4,906,609

155,285

257,563
388,655

56,492,048
592,173
95,703,846
16,117,273*

2,396,504
8,873
854,197
5,100,940
2,909,130
585,337
6,910,760
946,278
109,063
681,592
267,601
217,380
180,900


. 8,535,694

. 322,564


261,548
233,607


. 59,328,058
. 2,951,944
. .162,786,140
. 10,787,310


. 2,387,322
. .. 7,322
. 965,175
. 5,637,976
. 3,122,863
. .. 391,308
. 9,625,257
. 848,773
. 860
. 251,642
. 78,160
. 59,400
S. 61,200


/ Not cooked, boned or canned or made into sausage.
/ Includes fresh pork sausage.
* Revised.
Compiled from official records, Bureau of the Census.


544






545
UNITED STATES REPORTS AND IMPORTS OF LIVESTOCK

s Apr. t Apr.
----_- -_1.9- 19 5
EXPORTS (domestic) Number Nuber
Cattle for breeding......... .... 1,145 1,406
Other cattle .. 442 340
IMPORTS -
Cattle for breeding, free -
Canada 1/ -
lls .. ... 1 6 91
Cows . 1,607 1,927
Cattle, other edible (dut.)
Canada -
Over 700 pounds. . (Dairy 2,181 6,174


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

200-700 pounds .
Under 200 pounds
Hogs -
Edible, except for
Horses -
For breeding, free
OfcU. I..A %


* 0 0 0 0 0 0 .




breeding (dut.) ,/.

* 0 0 0 # 0 .
eee




eo o e



breeOO00)2/


(Other
. .
. .


. .(Dairy
(Other

* .


Tob
194
199


78
2,000
16


607
81


3,140
15,390
56


43 1,645


32
"12Q


42
ft A


wjwe< %UUa.F 0e # & 0 0 0
Sheep, lambs and goats, edible (dut.). .. 1,442 1,379
-------------------------------
1/ Includes Newfoundland and Labrador. 2/ Number of hogs based on
estimate of 200 pounds per animal.
Compiled from official records, Bureau of the Census.
M- -- --- 4M-- -- -- aeeeeeeeeeeeeeeeeeeeee- ----- -- ---


TOTAL MEATS, MEAT PRODUCTS, AND BYPRODUCTS GRADED, OR CERTIFIED AS
COMPLIMG WITH SPECIFICATIONS BY THE U. S. DEPARTMENT OF AGRICULTURE


: s Vea
s Beef s and
10ot i.ca

633,696 21,
599,917 16,
495,007 21,


1 a Lamb, s : All other : Grand
% yearling s Total : meats : total
f s and mutton: and ard :
azdaoooir 1 -1106
790 14,783 670,269 17,989 688,258
364 20,068 636,349 11,923 648,272
958 19,660 536,625 13,806 550,428


Month


May
Apr.
May


1956
1956
1955


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




UNIVERSITY OF FLORIDA
IlIIIIIlILllIllIllIl I IllllUillll
546 3 1262 08734 4627

WESTERN LIVESTOCK REVIEW CONTINUED FROM PAGB 529

steady to 50# higher at Denver and Los Angeles; heifers steady to 25# lower; cows
steady to 50# lower; vealers and calves steady to $1.00 lower; stockers and feeders
steady to 50# higher in the Far West, but steady to 50# lower at Denver; barrows
and gilts steady to $1.00 higher; slaughter spring lambs $1.00-2.00 lower in the
Far West but $1.00-2.75 higher at Ogden and Denver.
Choice slaughter steers up to 1250# sold at Western markets from $20.50-
21.50, some to $22.25 at North Portland. Good steers mainly $18.00-20.00; Standard
largely $17.00-18.00, Choice heifers up to 900# mainly $20.00-21.00, high-Choice
and Prime up to 990# $21.25-21.75 at Denver; Good largely $18.00-19.50. Standard
$15.00-18.00. Commercial cows $11.50-14.00, Canners and Cutters $8.00-10.50.
Choice vealers at Ogden 921.00-22.00, elsewhere $18.50-20.00, Good and Choice
slaughter calves up to 550# $16.00-19.00,-.Commercial $14.00-16.50. Good and Choice
stocker and feeder steers $16.00-19.00, Medium $13.00-16.00. Few Good and Choice
heifers $14.50-18.00, scattering Good and low-Choice stock steer calves $17.00-
18.50; few Medium to Choice stock heifer calves $14.00-16.00.
Direct sales at California feedlots included average-to-high-Choice up to
1125# steers at $21.75-22.00 with $22.00 refused on many loads, numerous loads
low-to-average-Choice up to 1200# $21.00-21.50; Good and Choice $19.00-20.50;
nearly 800 head Choice 700-800# fed heifers $21.00, Good and Choice heifers up
to 950f $18.50-20.50. Good and Choice stocker and feeder steers up to 950#
$16.50-17.50; few loads Good and Choice heifers up to 700# $15.00-16.00; Good and
Choice 500-525# stock steer calves $18.00.
U. S. No. 1, 2 and 3 barrows and gilts 180-240# sold at $18.50-19.75 at North
Portland; $18.00-18.50 at Los Angeles; $17.25-17.75 at Spokane; $16.75-17.60 at
Denver; largely $17.50 at S. San Francisco and Stockton; $16.75-17.50 at Ogden.
Choice and Prime slaughter spring lambs $22.50.23,00, one load $23.75 at
Denver; Good and Choice $17.00-22.50, Good and Choice feeding lambs $15.00-18.00.
A few loads mostly Choice clover pastured lambs with No. 1 pelts sold $20.00-
21.00 in California direct trade.


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





Vld 311IAS3NIVD sOi-sg

AS3S 9 HOaNI 1VIH3N30 J dO dSG

#40swu do .W IsmiA l -
V41'UOULt -10 11ISMIM





99/2/Z-SHy qtos


*o00$ eatsod jo iuet""d o (a 'g~Z uoUarTqOMn
P-OAW o0 eon .UAFjd toj Amzd ejivino'.fzv jo wuevvvjdea eS an




Full Text
xml version 1.0 encoding UTF-8
REPORT xmlns http:www.fcla.edudlsmddaitss xmlns:xsi http:www.w3.org2001XMLSchema-instance xsi:schemaLocation http:www.fcla.edudlsmddaitssdaitssReport.xsd
INGEST IEID EWS6IS57N_JM52D7 INGEST_TIME 2012-10-22T15:08:43Z PACKAGE AA00012178_00025
AGREEMENT_INFO ACCOUNT UF PROJECT UFDC
FILES