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MEAT WOOL WEEKLY SUMMARY AND STATISTICS LIVESTOCK DIVISION, AGRICULT MARKETING U.S. DEPARTMENT W LTURE WASHINOT : 0.0. Vol. 29, No. 2 JAN 19i 1 January 1 Week ende "'annary 7 ,., Pag Livestock Market Reviews. . .* 22 Livestock Market Receipts (with monthly totals) 25 Steer Sales Statistics (with monthly totals) 26 Heifer Sales Statistics (with monthly totals) 28 Stocker and Feeder Statistics .* . . Estimated Percentage of Stocker and Feeder Cattle and Slaughter Cows in Salable Receipts . Slaughter at Major Centers . . Estimated Slaughter and Meat Production . Cattle Prices (with monthly averages) .. Hog Prices . . Hog Purchase Statistics (with monthly totals) . Sheep and Lamb Prices . .. . Wholesale Meat Trade Reviews . . Wholesale Dressed Meat Prices . . Wool Market Review . . . Special to this issue Livestock and Meat Situation, January 1961 . aeti l-wa. SERVICE 0, 1961 - KIP/ ;e MIDWEST LIVESTOCK REVIEW and RANGE AND FEEDLOT SALES Prices advanced on most slaughter classes under the influence of price upturns in the dressed trade. The general price trend on slaughter steers at midwest terminals was strong to $1.00 higher with $1.00-2.00 upturns at Chi- cago. Heifers closed 250-1.00 higher; cows 25- 750 higher. Stockers and feeders sold steady to strong, instances 750 higher. Barrows and gilts were uneven, steady to 25# lower at most points; sows steady to 75# higher. Slaughter lambs closed very uneven, steady to 75$ lower at most terminals, however, Sioux City and St. Paul showed a steady to 500 higher trend. SLAUGHTER CATTLE AND CALVES Receipts at the 12 markets for the two Monday holiday- shortened weeks were the smallest in two years. The number of slaughter steers sold out of first hands at the 7 markets at 50,655 head was the smallest for any week since 1955 when such re- cords were started. Very moderate supplies had a decidedly bullish influence on trading and prices advanced on most slaughter classes. Car- cass steer and heifer prices reacted to the small supplies and higher live cost to score advances of $1.00-2.00 bringing the price of Choice steer beef to the highest levels since May at some ifolesale centers. Slaughter steers closed unevenly strong to $1.00 higher, with a large volume of sales 50#-1.00 up and bulk of sales at Chicago $1.00-2.00 higher. In Chicago the sharp advance brought most steers to the highest levels since early last summer. Slaugh- ter heifers were 250-1.00 higher. Cows sold 250-75# higher with advances of $1.00-1.50 in Sioux City under the influence of a sharply higher trend on cow beef. Bulls sold steady to 500 higher while vealers were $1.00-2.00 lower in St. Paul and St. Louis. Slaughter steers and heifers made up the bulk of the receipts at most terminals with Good and Choice grades pre- dominating. High-Choice and Prime steers and heifers were in very limited supply, the per- centage of Prime in the steer supply at Chicago down from 16 percent the previous week to 14 percent for the week under review. Bulk of the Choice and Prime 900-1400# steers brought $25.50-29.50 in Chicago with most sales at the close from $26.50-29.50 and including 20 loads Prime 1100-1550# at $29.50. At other points a few loads of mixed Choice and Prime steers sold at $27.00-28.50 while bulk of the high-Good and Choice brought $25.00-27.50 with some high-Choice and mixed Choice and Prime 950-1125# yearlings at $28.50-29.00 in Chicago. Loadlots Choice and mixed Choice and Prime 1300- 1600# weights $24.75-28.00. Bulk of the Good steers sold at $23.00-25.75. Mixed Choice and Prime heifers went from $26.50-27.65 with several loads to $28.00 in Chicago. Choice heifers moved from $25.25-27.25 and Good from $22.00-25.75. Utility and Commercial cows cashed at $14.00-17.00, few $17.50; Canners and Cutters $12.00-15.00, few $15.50. STOCKER AND FEEDER CATTLE AND CALVES - With marketing for the second consecutive week interrupted by a Monday holiday, receipts of stocker and feeder cattle and calves at termi- nal markets continued rather limited. Medium to low-Choice offerings predominated but a few shipments of both calves and cattle were well up in the Choice grade. As was the case the previous week, year-end holiday activities tended to curtail buyer attendance but demand proved fully sufficient to absorb the limited numbers. Prices at midwest terminals were mostly steady to strong, instances 75# higher. At southwestern markets prices were generally strong to $1.00 higher. Feedlot operators showed considerable interest in fleshy 950- 1050# steers and even though such kinds made up a fairly large percentage of the overall total receipts not many were returned to the country due to the broad demand from slaughter interest. Good and Choice 800-1050# feeder steers bulked at $22.50-25.50, few under 900# up to $26.00. At Kansas City Choice 1042# sold at $25.10. Medium and low-Good feeder steers brought $20.00-23.00. Several loads Choice 600-650# stock steers sold at $28.00-28.25, few Choice and Fancy 500-583# $29.50-33.00. Majority Good and Choice 550-750# steers cashed from $23.00-26.75; Medium and low-Good $20.00- 24.50. Limited numbers of Good and Choice yearling heifers sold from $22.00-24.50. Several loads Choice and Fancy 446-490# steer calves brought $32.15-55.50. Other Good and Choice steer calves sold from $24.00-51.50 but relatively few sold below $26.00. Good and Choice heifer calves brought $22.00-28.50, 2 loads 468-500 carrying an end of Fancy $29.00. HOGS Terminal Markets Hog receipts at the 12 markets for the first week of the New Year numbered 289,000 only little changed from the previous week which also included a Monday holiday, but fell around 152,000 short of the same week a year ago, which had a full marketing period. Supplies were predominantly mixed grade U. S. No. 1-3 and 2-3 2uu-070G barrows and gilts with an increased showing of butchers over 25u11 at markets in the western Ccrn Belt area. The average weight of barrows and gilts at the 8 markets was 238#, compared with 2324 the previous week and 2335 a year earlier. Shipper demand was fairly broad for both butchers and sows with some shipper orders calling for butchers weighing up to Z607, although the best demand centered on 19 -i5 offerings. Unevenness again characterized the trade on hogs over 250# with many consignments of the same weight and grade selling in a spread of 50 and occasionally as much as 750-1.00. Price trends also were uneven. After consider- able fluctuation during the week prices on bar- rows and gilts closed steady to 250 lower at most terminals. At Sioux City, however, prices were 250 higher, extremes 500 up while at St. Louis and Indianapolis 230-300# weights ranged steady to 504 higher. Sows closed steady to 754 higher, largely 25-50# up. On Friday U. S. No. 1, and 1-2, 6u0-2Z0C- barrows and gilts sold at $17.50-18.50, largely $17.50-18.00. Mixed U. S. 1-3, and 2-3, 180- 250# bulked at $16.75-17.75. U. S. 2-3, and U. S. 5, 240-270# butchers sold in a wide range of $16.00-17.50. U. S. 1-3, 270-600# sows brought $12.50-15.50, bulk $15.00-15.00. Average cut-out value advantage of U. S. No. 1 over No. 3 live basis 2ij-20'4 barrows and gilts was 950 per cwt. based on wholesale car- lot prices of fresh pork cuts at Chicago December 29 to January 4, 1961, inclusive. Prices on feeder pigs advanced 25-50# at Sioux City but closed steady to weak at St. Paul. Good and Choice 130-170# feeder pigs brought $16.00-17.00, few Choice $17.25 at Sioux City while Good and Choice 130-160# sold at $17.00- 17.25 at St. Paul. HOGS Receipts in the Interior Iowa- Southern Minnesota area for the week were around 5 percent more than the comparable period last week, but 27 percent less than the corresponding week last year which was a full marketing week. Barrows and gilts closed unevenly steady to 250 higher; sows 400 higher, and comprised about 8 percent of total receipts. On Friday mixed U. S. 1-3 190-2 I' barrows and gilts sold from $16.40- 17.25 with a moderate supply U. S. 1-2 at :17.25- 17.50 and few $17.75. No. 1-3 ;.7' -'i sows brought $15.25-15.30; 4 ,'u-S5'., $11.50-13.80. SHEEP AND LAMBS Prices for slaughter lambs declined early in the week under the influence of fairly liberal marketing. How- ever, higher prices for dressed lamb stimulated trading on later rounds with some of the initial downturns recovered. Price trends on slaughter lambs were very uneven. At most points prices closed steady to 750 lower with Fort Worth 500- 1.50 off. However, prices at Sioux City, St. Paul and Denver and on wooled lambs at Kansas City showed a steady to 500 higher trend. Slaughter ewes were steady to strong. Feeder lambs were steady to 500 higher, instances $1.00 up at Fort Worth. Choice and Prime 85-113# wooled slaughter lambs sold from $17.00-18.00 on the close, few $18.25-18.75; several shipments of Choice and Prime 110-125# wooled lambs $15.50-17.50. Good and Choice 80-112# wooled lambs $15.50-17.50 mainly $16.00-17.50. Utility and Good $12.50- 16.00. Choice and Prime 85-115# shorn slaughter lambs with No. 1 and fall shorn pelts brought $16.00-17.00, sparingly 17.00-17.50; Good and Choice .:.I. ..75. Cull to Choice wooled slaughter ewes R4.00-7.50, few Cull -2.b.1i-3.50. Good and Choice 65-811 feeder lambs sold from 16.00-17.50 including Choice i' feeders at $17.50; part deck Choice 7.- feeders $18.00 at St. Paul. Choice .'- -. feeders 4.1'.75- 17.00 at Sioux City. Medium and Good feeder lambs $13.00-16.00. A few Choice 8i-44' shorn feeder lambs brought $16.50-17.00. Pcc.--ipt of sheep and lambs in the In- terior Iowa-Southern Minnesota area at 41,500 head were 58 percent more than the previous week and 29 percent more than a year earlier. Demand was fairly good throughout the week. Nooled slaughter lambs were steady to strong, instances $1.00 higher; shorn lambs were fully steady, instances 250 higher. Slaughter ewes closed mainly steady, instances 500 higher. On Friday, Choice and Prime 80- wooled slaughter lambs delivered to p -3'--.in plants brought $17.00-17.50; limited volume high-yielding lambs $17.75-18.00; Choice and Prime 105-11-- 116.00-17.25. Good and choice 80-11u'.. wooled lambs $16.00-17.00. Choice and Prime 80-105? shorn lambs with No. 1 and fall shorn pelts brought $15.50-16.25 with most sales 1l6.i -',':.25; Choice and Prime high-yielding lambs with fall shorn pelts $16.50 in some sections, Good and Choice $15.00-16.00. Cull to Choice wooled slaughter ewes $2.00-4.50, few $5.00. hAJGE AND FEELLOT SALES Note: Shrink on most range and feedlot sales none to 5 percent, mostly 4 percent f. o.b. some with short haul and 3 percent shrink. All sales for immediate delivery unless specified. AR(IlA:, CALIFORNIA, NEVADA, AND UTAH - Direct trade on slaughter steers and heifers was fairly active, with prices firm, instances 500 higher; stocker and feeder cattle and calves fully steady, instances $1.00 higher on steer calves. Slaughter lambs closed strong to 500 higher, trade high-lighted by first movement of the season of alfalfa pastured offerings from Imperial Valley of California. Slaughter steers: Around 10 loads mostly Choice 925-1000 $26.25-26.50; 250 loads high- Good and Choice 900-125,,' $25.00-26.00, in- cluding some for delivery up to March 1; most- ly Choice 1250- 55-. $25..,0; Good 850-1175# $25.75-24.75, some loads carrying end of Choice and for delivery March 1; Standard and Good 9.0-130u1' $22.50-23.50; 5 loads mostly Standard 1000-1200# $21.25. Slaughter heifers: Around 110 loads Good and Choice 700-1100# $23.00-25.00, some for February 1 to March 1 delivery. Stockers and feeders: Couple small lots Good and Choice 315-4501 stock steer calves $28.50-30.00, other Good and Choice mixed calves and short yearlings around 560-55'/ $26.00- 28.00 on steers, heifers largely $24.00; 220 head 500-525# heifers $23.00-24.00. Good and Choice 700-900# feeder steers i'5.2-25.00; Good and Choice 510-700-y heifers $.1..-;..'.\I. Lambs: In Imperial Valley of California, loadlots mostly Choice and Prime 106-1124 shorn alfalfa pastured with No. 2 pelts $18.50-19.00; Utah, Choice and Prime wooled 99-109# slaughter lambs $18.25-19.00. COLORADO, SOUTHERN WYOMING, WESTERN NEBRASKA, AND WESTERN KANSAS The holiday shortened week coupled with a sizable carryover of previously purchased cattle and steer beef helped to reduce the demand for slaughter steers and heifers and trading was only moderately active. Slaughter steers steady to 250 higher; heifers strong to 250 higher, instances 355 up. In Colorado, 85 loads Choice 1075-1250# slaughter steers $26.65- 27.25; 88 loads high-Good to mostly Choice 1100- 1300# $25.35-26.50; 161 loads Choice 900-1025# $25.75-26.35; 7 loads high-Good and low-Choice 925-1050# $25.50-25.75. Western Kansas: 4 loads high-Good to mostly Choice llOu# slaughter steers $25.00 f.o.b. feedlot. Demand for stocker and feeder cattle and calves good, prices fully steady. Western Kansas: 4 loads Good and Choice 850-880# steers $23.00- 24.00; 16 loads Good and Choice 625-650# heifers for April-June delivery $23.00-24.00; 2 loads Good 600# heifers for immediate delivery $22.50. Two loads Good and Choice calves, steers 450# $28.00, heifers 425# $26.00. Colorado: 13 loads Good and Choice 750-835# steers $25.00-25.50; 2 loads Good and Choice 650-675# heifers $24.00. Demand for slaughter lambs good with prices steady to mostly 250 higher. Colorado and western Kansas: Choice and Prime 98-114# wooled slaughter lambs $17.50-18.25; over the area Choice 90-110# wooled lambs $17.50-17.75. In Colorado, Choice and Prime 95-108# shorn lambs No. 1 and 2 pelts $16.50-17.00; 4 loads Good and Choice 80-90# feeder lambs $15.50-16.50. In Wyoming, 4 loads 118-122# $16.25, delivered Colorado. NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA, SOUTHWESTERN KANSAS Clovis Area Slaughter cattle in broad demand and steers closed 500 higher, heifers $1.00 up. Stockers and feeders were scarce and steady. Fifteen loads Good and Choice 1070-1150# slaughter steers $26.50; 3 loads 15Al_&i $24.75; 49 loads Good, few Choice 963-127C'4 $24.00-26.00; 15 loads Utility, Standard and few Good 930-112u# $20.50-25.50; 29 loads Good, few Choice 700-970# slaughter heifers $24.00-25.5u. Around 1,600 Good and Choice 65u-h1I.'tu stocker and feeder steers $23.50-23.85; 200 Medium and Good 850# $21.80; small lots Good and Choice 360- 41uL stock calves $26.(0-208.L. on steers, $24.00 on heifers; 2 loads Medium stock cows $13.50. Slaughter lambs weak, instances 50# lower; feeders strong. Around 3,000 Good and Choice 95-103# shorn slaughter lambs with No. 1 and fall shorn pelts $15.75-16.75 delivered; 700 Choice 77# feeders $17.00; 1,200 Good and Choice 7u# shorn feeders $15.50-15.75. Amarillo Area Trading moderately active, slaughter steers and heifers steady to 504 higher; stockers and feeders firm. Two loads mostly Good, few Choice 1025-1050# slaughter steers $25.65 delivered; 11 loads Choice 950- 1000# heifers $24.75-25.00; 10 loads Good, few Choice 850-925# mixed yearlings, mostly heifers $24.00; 11 loads Good 680-725# $25.50; 550 Good 540W-~0I# stocker and feeder steers for through spring delivery $23.50-24.00; 200 Choice 500# steers $26.00. Over 3,600 Good and Choice 550- 675# heifers for up to spring delivery $22.75- 24.00; 100 Choice 450# steer calves $28.00. IDAHO, OREGON AND 1ASHIhGTON Direct trading on slaughter steers and heifers was moderately active, fully steady, instances strong; stockers and feeders fully steady; slaughter lambs fully steady to 504 higher. Slaughter steers: Washington and Idaho - Mostly Choice 1000-126E6 $25.00-26.50, includ- ing several loads at $25.50 for up to Feb. 15 delivery. Slaughter heifers: Washington and Idaho - Good and Choice 850-975# $23.00-24.00, includ- ing several loads for 30 days delivery at $23.50. Mixed Good and Choice 875-925# $23.00- 235.50. Stockers and feeders: Washington Choice 850-1000# feeder steers $25.00. Good and Choice 510# stock calves, steers $26.00, heifers $25.00. Idaho Good and Choice 700# fleshy feeder heifers $22.75. Good two-eight-year-old bred stock cows $190.00-210.00 each. Oregon - Good and Choice mixed feeders, steers 950# at $24.50, heifers 750-800# at $23.00. Good and Choice 50ud stock calves, steers $25.00, heifers Z..','u. Good 1000# bred two-year-old heifers $225.00 each. Slaughter lambs: Washington Choice and Prime 100-11--b wooled $17.25; Choice and Prime shorn with No. 2 pelts $17.50. Idaho Choice and Prime 100-11S# wooled $18.25-19.00. Oregon: Choice and mixed Choice and Prime 97-108 shormn with mostly No. 2 pelts $17.50-18.25 delivered West Coast. MONTANA, NORTHERN WYOMING AND WESTERN DAKOTAS Direct trading slow, cattle and calves fully steady to strong; slaughter lambs strong, instances 500 higher. Cattle: Montana Around 260 high-Good to mostly Choice slaughter steers and heifers, steers 1150-1250L at $24.50, heifers 890-985# at 8$2.3u. Calves: Montana and Northern Wyoming - 825 high-Good to mostly Choice stock calves, steers 375-500# at $28.00-31.00, heifers 360- *15' at $25.00-27.00; 250 Choice 400# heifers $27.00. Sheep: Northern Wyoming 1,200 Good to mostly Choice 108-11Ue wooled slaughter lambs $15.75-16.25; 700 mostly Choice 95# shorn slaughter lambs, No. 1 pelts $14.75; 500 Choice lu0-105#O wooled lambs for mid-March delivery $17.50; 1,000 Good and Choice 92# ewe lambs $17.00. WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS S-- Tttle ~ lives :- ogs 7 Shee- and lamies Market I Jan. 7 : Jan. 9 : Jan. 7 : Jan. 9 : Jan. 7 : Jan. 9 t Jan. 7 : Jan. SI.------------- 96_ 1 j 1960 1961. 1960. j 161 1. 960 1 961 : 1960 Chicago ............... 28,177 41,515 278 312 32,340 51,470 6,258 13,552 Cincinnati ............. 2,768 3,808 503 672 9,376 13,518 782 1,117 Denver ................ 6,092 11,469 248 791 3,763 5,716 7,554 12,923 Fort Worth ............. 6,347 5,930 1,811 1,182 1,868 1,646 8,084 6,296 Indianapolis ........... 6,508 8,057 380 648 29,889 42,786 4,392 4,194 Kansas City ............ 12,982 20,753 592 1,252 14,046 18,077 4,392 4,320 Oklahoma City .......... 7,795 8,642 676 716 3,387 3,587 1,820 1,280 Omaha ......... ... 27,959 35,879 588 748 42,720 63,396 12,752 13,981 St. Joseph .......... 11,364 15,745 323 738 21,722 36,019 6,050 10,239 St. Louis NSY ... ...... 12,052 14,895 1,976 2,507 45,965 76,987 6,499 6,700 Sioux City ........... 22,033 27,757 1,638 1,091 35,669 53,883 8,699 11,943 S. St. Paul ........ 16,657 22,716 8,861 11,804 47,796 73,090 14,684 17,188 Total .... ........... 160,734 217,166 17,874 22,461 288,541 440,175 81,966 103,733 " Dec. 31, 1960 ....... 156,770 11,151 287,552 70,518 INTERIOR IOWA AND SOUTHERN MINNESOTA Jan. 7 1961 Dec. 31, 1960 Jan. 9, 1960 Hogs ..... 354,000 336,000 483,000 Sheep .... 41,500 30,000 32,100 RECEIPTS, SALABLE AND TOTAL OF LIVESTOCK AT 12 PUBLIC MARKETS MONTH OF DECEMBER ----- Cattle --- -- -C ales _ Market : Salable Ttl : Salable Ttal S:- -_ 1 T TD95- -:- -I119 -: -9"59- ~- I1965 T -159 -:- 90- -:- 1959- - Chicago ...... Cincinnati .... Denver .,...... Fort Worth .... Indianapolis .. Kansas City ... Oklahoma City . Omaha ......... St. Joseph .... St. Louis NSY . Sioux City .... S. St. Paul ... Total ......... 160,841 13,305 27,018 30,050 23,231 76,194 26,620 156,553 65,676 59,760 130,096 86,677 193,077 13,682 39,960 22,544 27,202 86,347 33,470 170,201 67,175 61,942 132,946 93,906 169,296 17,938 54,430 38,768 23,331 103,701 28,018 l 1,':,-. 66,505 61,439 133,919 93,786 206,505 18,839 123,556 28,880 27,381 109,925 36,760 174,598 69,231 63,879 136,242 102,823 1,200 1,962 1,862 6,610 1,737 5,120 5,580 5,473 2,817 7,986 14,592 4',: ,, 8 1,621 2,279 4,640 7,882 2,517 4,923 4,606 7,819 2,715 8,798 19,360 42,138 856,021 942,452 952,227 1,098,619 95,327 109,296 SHogs Sheep and lambs Chicago ....... Cindinnati .... Denver ........ Fort Worth .... Indianapolis .. Kansas City ... Oklahoma City . Omaha ......... St. Joseph .... St. Louis NSY . Sioux City .... S. St. Paul ... Total ......... 1,404,265 1,874,617 1,715,337 2,321,239 355,155 414,097 524,406 574,288 INTERIOR IOWA AND SOUTHERN MINNESOTA Hogs Sheep December 1960 1,654,000 136,100 December 1959 1,921,000 109,800 1,200 1,989 4,647 10,663 1,737 13,205 5,701 5,616 2,912 8,151 15,857 42,026 113,704 1,630 2,472 6,869 13,718 2,674 8,279 4,808 7,969 2,751 8,886 20,502 43,709 124,267 172,444 41,481 18,398 6,579 126,499 68,579 11,374 196,667 116,325 236,553 187,525 221,841 217,628 52,581 23,828 8,804 168,022 79,868 13,684 280,230 159,303 321,249 247,552 301,868 177,698 64,084 42,724 23,495 130,348 75,664 33,982 269,270 171,030 239,384 205,860 281,798 221,819 67,678 63,191 27,825 169,212 86,694 51,567 399,110 231,190 331,897 298,027 373,029 32,348 4,293 35,618 19,295 13,364 24,501 5,287 48,380 26,880 31,401 40,917 72,871 49,377 5,573 55,945 24,833 19,793 19,924 6,824 59,688 28,088 28,581 46,939 68,532 55,823 5,029 71,550 41,407 13,882 46,054 5,287 65,089 48,244 33,684 53,879 106,478 54,688 5,639 108,904 45,036 20,395 33,730 6,824 66,833 57,333 30,950 55,042 :66,:-14 26 STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER /_ ber of head Percent of total Average weight Average price in Number of head t by grades (pounds) :dollars per 100 lb. Grade ----- --- --- -- - -d - Weakekended- - Jan. 5 : Jan. 7 : Jan. 5 : Jan. 7 : Jan. 5 : Jan. 7 : Jan. 5 : Jan. 7 -:------ _,- 6. 19k0_ _:_ 19il_ _-_ 1.90_ _:_ .9,._ _:_ 1,90_ _:_ 196.._ _*_ 1.960_ - Prime........... Choice......... Good ......... Standard....... Commercial..... Utility........ All grades..... Prime .......... Choice......... Good........... Standard ....... Utility ........ All grades..... Prime......... Choice......... Good........... Standard....... Utility........ All grades..... Prime.......... Choice......... Good...........# Standard....... Commercial..... Utility........ All grades..... Prime.......... Choice......... Good.......... Standard ....... Commercial..... Utility........ All grades..... Prime......... Choice......... Good........... Standard....... Utility........ All grades..... Prime.......... Choice...... ... Good........... Standard ....... Utility........ 2,528 11,613 2,798 547 301 17,787 142 5,231 5,297 444 114 11,228 226 4.141 2,193 212 14 6,786 806 2,739 747 68 4,360 1,243 2,415 923 174 4,755 1,268 3,146 252 4,666 601 391 81 All grades..... 1,073 2,996 I/ Data collected by Agricultural 2,753 17,082 6,085 1,290 105 27,515 177 6,716 7,956 584 157 15,590 - 2858 7,544 3,321 531 57 11,538 42 2,375 3,639 597 91 6,744 867 2,381 1,463 144 4,855 2,173 3,368 758 50 14.2 65.3 15.7 3.1 1.7 CHICAGO 10.1 62.5 22.5 4.7 .4 OMAHA 1.3 1.1 46.6 43.1 47.2 51.0 3.9 5.8 1.0 1.0 SIOUX CITY 3.4 2.5 61.0 64.8 32.3 29.5 3.1 2.9 .2 .5 - -- -"YN AS 'EITY - --- .6 18.5 55.2 62.8 54.0 17.1 8.9 1.6 1.3 1,199 1,156 1,139 1,007 1,007 1,152 1,159 1,178 1,155 1,115 1,033 1,163 1,272 1,183 1,160 1,104 1,048 1,176 1,132 1,138 1,093 1,016 1,127 ST. LOUIS NS 1 26.1 50.8 19.4 3.7 17.9 49.0 50.1 5.0 s._s."hSf - - -- - 27.2 34.4 67.4 53.4 5.4 11.7 -- .5 1,089 1,078 954 846 1,048 1,158 1,117 1,096 609,u 1,127 1,543 56.0 51.5 1,202 1,382 36.4 46.1 1,156 71 7.6 2.4 1,050 1,256 1,181 1,126 1,0532 935 1,168 1,178 1,178 1,169 1,129 1,160 28.58 27.35 25.45 23.27 20.18 27.02 27.44 26.00 24.43 21.13 20.12 1,172 25.04 1,211 27.54 1,159 26.41 1,114 25.04 1,060 21.66 1,042 20.27 1,144 25.86 1,186 -- 1,159 26.24 1,149 24.52 1,068 21.79 1,132 19.00 1,145 24.31 1,099 26.47 1,065 24.67 1,057 22.37 890 18.90 1,058 24.58 - --- - 1,150 25.83 1,147 23.96 1,093 20.48 953 - 1,154 24.30 1,217 1,175 1,175 25.96 24.37 19.63 1 174 1,196 24.96 Estimates, and Livestock Divisions, A.M.S. 25.18 23.46 20.63 17.56 22.80 24.72 22.74 20,05 15.78 23.09 25.12 23.98 19.25 24.47 27.55 26.01 24.27 22.21 18.47 25.62 26.77 25.17 23.12 19.38 17.29 25.86 26.53 25.11 23.52 20.89 18.45 24.50 27.65 24.71 22.34 20.22 17.48 22.98 Grade Prime.......... Choice......... Good............ Standard....... Commercial..... Utility........ All grades..... Prime .......... Choice ......... Good........... Standard....... Utility........ All grades..... Prime.......... Choice......... Good........... Standard....... Utility........ All grades..... Prime.......... Choice......... Good........... Standard....... Commercial..... Utility........ All grades..... Prime.......... Choice......... Good........... Standard....... Commercial..... Utility ........ All grades..... Prime.......... Choice......... Good........... Standard....... Utility........ STEERS SOLD- : Number of head s- -- : ec.59 : 1960 : 1959 OUT OF FIRST HANDS FOR SLAUGHTER I/ Percent of total s Average weight Average price in . by grades (pounds) .dollars per 100 lb. Month s iec.. : ec. : Tec. "ec : "ec. : "De c. : 1960 1959 : 1960 : 1959 : 1960 : 1959 CHICAGO 17,398 13,5533 15.3 68,004 91,707 59.7 24,241 26,499 21.3 5,066 5,505 2.7 105 315 .1 1,078 1,005 .9 113,890 138,562 868 797 1.5 51,422 52,101 46.7 52,031 55,775 47.7 2,562 5,458 3.5 523 780 .8 67,206 72,911 -"------""---- SI 781~ 758 1 f.6' 27,795 54,199 57.8 17,815 20,0553 57.0 1,567 1,570 2.8 379 432 .8 48,157 56,992 28 180 .1 4,775 7,515 19.8 16,058 15,690 66.6 5,052 5,895 12.6 216 695 .9 24,107 27,969 S. - 110 4,917 15,068 5,796 558 22,451 106 11,955 16,926 1,572 5 2,957 10,952 7,525 862 22,501 128 15,517 15,022 5,415 89 .5 21.9 58.2 16.9 2.5 .5 59.1 55.4 5.2 9.8 66.5 19.2 3.8 .2 .7 OMAHA 1.1 44.0 49.1 4.7 1.1 OUX CITY 1.5 60.0 35.2 2.8 .7 .6 26.8 56.1 14.0 2.5 toUI' NST - 15.5 49.1 553.7 5.9 .4 47.9 40.7 10.7 .5 1,239 1,253 1,173 1,165 1,119 1,110 1,003 1,05533 1,401 1,445 1,052 1,056 1,166 1,158 1,181 1,194 1,165 1,144 1,122 1,145 1,086 1,118 1,054 1,067 1,140 1,143 1,200 1,160 1,162 1,149 1,125 1,106 1,101 1,092 1,074 1,065 1,147 1,132 1,062 1,175 1,120 1,149 1,120 1,145 1,088 1,111 1,010 1,111 1,115 1,140 1,253 1,203 1,075 1,076 1,057 1,079 976 1,024 884 1,012 1,044 1,057 1,141 1,122 1,154 1,091 1,024 1,110 1,140 1,109 1,098 27.97 27.22 26.86 25.57 25.42 25.87 23.16 22.26 25.63 20.87 21.10 18.60 26.61 25.26 26.87 26.61 25.66 24.98 24.03 23.12 20.78 20.00 19.60 17.77 24.71 23.78 27.25 26.14 25.99 24.64 24.60 23.20 21.54 20.63 20.04 18.62 25.54 24.01 27.01 27.48 26.11 24.75 24.54 22.79 21.04 20.22 18.62 17.54 24.24 22.87 27.58 26.50 26.20 25.45 24.52 25.61 22.08 21.17 18.67 17.89 24.41 22.85 27.43 26.85 25.99 24.51 24.02 22.45 20.85 19.47 -- 16.56 All grades..... 50,559 51,969 1,120 1,123 24.65 25.12 --- ---- -------- ----_-_- ----- --- --- Prime.......... -- -- -- -- -- -- Choice......... 2,672 5,060 55.8 55.4 1,180 1,198 25.94 25.43 Good........... 1,957 5,827 40.9 41.9 1,148 1,174 24.74 25.97 Standard....... 158 206 5.5 2.2 1,101 1,150 19.95 18.89 Utility........ -- 45 -- .5 -- 1,044 16.84 All grades..... 4,787 9,158 1,164 1,186 25.27 24.65 I/ Data collected by Agricultural Estimates, and Livestock Divisions, A.M.S. - ------- ----_ ^ ^ IC3. ''1? -S.-J STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER AT SEVEN MARKETS COMBINED I/ : Number of head : Percent of total Average weight by grades : (pounds) * --------- ------------*-------2--_--_----*---- : Dec. 1960_ Prime ........ 19,291 Choice ....... 151,518 Good ......... 122,096 Standard ..... 15,553 Commercial ... 105 Utility ...... 2,754 All grades ... 311,115 HEIFERS SOLD - -* Month Dec. : Dec. Dec. : Dec. Dec. 1959 : 1960 : 1959 1960 1959 15,401 6.2 4.3 1,254 1,243 188,854 48.7 52.5 1,161 1,154 125,798 59.3 55.0 1,113 1,125 25,570 4.9 7.1 1,045 1,066 315 -- .1 1,401 1,445 5,904 .9 1.0 1,014 1,053 559,642 1,140 1,141 Average price in * dollars per 100 lb. Dec. : Dec. 1960 : 1959 27.89 27.14 26.55 25.18 24.49 25.24 21.66 20.79 25.65 20.87 20.03 17.98 25.47 24.24 OUT OF FIRST HANDS FOR SLAUGHTER AT SEVEN MARKETS COMBINED 1/ - --* 7 - Number of head : Percent of total : Average weight : Average price in : : by grades : (pounds) : dollars per 100 Ib, Grade- - -- -- - - ------ ----- -------- onh. ..._...... ............ : Dec. Dec. Dec. Dec. : Dec. Dec.c. : Dec. : Dec. : 1960 : 1959 : 1960 1959 : 1960 : 1959 : 1960 : 1959 Prime ......... 4,366 4,054 5.7 2.9 1,022 1,014 26.51 25.39 Choice ........ 61,429 67,225 51.7 47.9 971 966 25.24 24.18 Good .......... 44,518 55,448 57.5 39.5 911 914 23.66 22.74 Standard ...... 6,710 11,553 5.7 8.2 845 864 21.01 19.98 Utility ....... 1,696 2,081 1.4 1.5 928 885 18.37 17.06 All grades .... 118,719 140,541 945 937 24.41 25.24 SOLD OUT OF FIRST HANDS FOR SLAUGHTER AT FIVE SPECIFIED MARKETS 1/ STEERS : Number of head : Average weight Average price (pounds) in dollars per 100 lb. Market ------------- ----------- -_---- -- S--Month : DecDec. ec. : Dec. : Dec. : Dec. : Dec. : 1960 : 1959 : 1960 1959 : 1960 1 1959 - ----------------- ----------------------------------...................... Cincinnati ........... Indianapolis ......... Fort Worth ........... Oklahoma City ........ Sioux Falls .......... Cincinnati ........... Indianapolis ......... Fort Worth ........... Oklahoma City ........ Sioux Falls .......... 2,963 8,222 3,100 2,494 10,357 2,020 2,358 835 1,020 6,717 5,376 1,046 1,052 11,822 1,044 1,058 4,224 1,050 990 3,388 1,116 1,115 10,833 1,145 1,151 HEIFERS 2,204 745 758 3,268 866 865 1,579 712 685 1,670 826 862 7,875 973 970 1/ Data collected by Agricultural Estimates, and Livestock Division, A. M. S. Grade 24.57 25.09 25.64 25.82 25.09 22.88 24.03 23.67 25.74 25.80 25.43 25.94 22.04 22.47 25.71 22.61 25.12 22.50 22.02 22.61 T - I I I I I a I I CpI W 1 c0 C *Is I Hto C, I -I iln o1 r-I LA -') O o I I (D -- W r- I --I 0 I 0I VI I q) I I tC- -) 0 I t I I Lat10 018 I ft ft ft I L 0 10 s C *O r- 1 r0 -q El I l 0 0 (- Co I P to 0 t o 0 r I a) I C0 ,; I C, I-I C, 0 .4 8 -I I OD t- I * : 1 * I I I QU ZOCWmtoi w D(Dmc mw'Nm0)O ot....................................q4 d4 o r' .oCoo t IdT ZtiC'2COtO (0O O \N? NN2 2NNN 2 2 tetOO CD to H t oto E- U Ham U2H H 2.0 f W H 0, m ), 0D r-i H 'O. '0 H C\i H- H- E- (E- K) w w0 OD H C'2 a) a) 0 '04 0 r- (\ZtOi-tOlOO(000 m 9'- 4 r4 c f Ca -l-I-l-t N aO~ -mwOlNNO' N4 C-2CLWC12W L 0 UC tfo C)D E- w 0 CO H H L t 9 *C DH *^f MM WWMWWi ldioOkl-O 02 02 N t4")dwa 'O *C'l, c T *l ****tO r-HHN Ci- - W -40 > N r(O-lf i 0 W M H 0 O r| l- 10 r - (0 ~~ us No NCWN MC 0~ a NH t to to enC OC% C 4t- 00 ** C- r-1 0 Hi 0 H0 H 'D t, 0'-) H 0D CDH00H C) y)' CO C CD CD4 qO HD to .' Hf L-- 1W 0$N) M) L02w qw 02 4 cl 00O 0)* 9* ** m N t-r otoLoto HY OC'r-i to01 & -- - H> C%)'CJ' Ci 0)C')C.2CiC')C )LI)C')l C 0 40 to0 CD to H 0 CD 0 t4o t 0 ft4'4 CD to 0; toC-IL WCgv . < t 1~- C'LC'2C'lC4) 0iCC) CU < (00)C' HtooC-H0too(0t)C cDH0)0tfoooooC H 0) C-244 to C%2 CD U) CDC .')0CDC wCt-.................* *U)C'ZtJ4 00 ot tJMNOtH.'.4C')CiCiiC.JO CD 0 N 'i ) ) D oa ln @ in4 i'rfi t f.0 E . to CO Ict (0 1-1 LO V' n CM 02 C\) CM NM CM Co -. .... II (0N C')(0 H Y*mN~ NM CM C\) C\) U Cm *an *C')D (0020(0 * 9 9 9 S .R . * ....... 9 9 S * ****. o *** ** o - * o ** ) +b2 e H 0 6 4 n IP *, 00 p ) 0 r3 *.l 0S.-PA 41 4 4- o (* c 33b)s $ *. O0 O 54. 0 0 .43 a W M O H 0O ma 0uo2 Io k* 05=== = .. 0 E-4 4 C a0 c 000 -O.-( I 0 II I I I c I ll *1* I I I-- -- - I If I.-' ,*I I" "1~ * 4 - I I I + ,- I -- 1 . 0 ) I I 1u I I figl - **I 1 -. I ' I Iu 1 I in I * I I I S... I m I - - !""" *a I I * I * SDI 'to 4 n I ooC%) MI I I I OD O -n LO HI I I I I I I Lto to 0001 o to (v in C'4 to c I I a I I I SCI I a I r-40 I I I I (0 C14 W 0 CO l0 IA I Io N I I I I I I I I I I I 1 I I HoC HoC' (0(0( (0((0 I))0 I))) 00)W 8 I.. WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS S 'Catt-le cales : Hogs Sheep a2V lambs City or Area : Jan. 7: Jan. 9': Jan. 7 Jan. 9 Jan. Jan. : Jan.9 Jan. 7 Jan. 9 1961 : 1960 :_:L961_ 1960 1961 J.960Q _196. _: J.96Q 11,505 41,421 57,404 2,265 27,046 52,489 5,687 102,651 164,085 7,767 56,741 28,042 27,515 94,700 173,512 1,627 56,464 109,730 98,095 159,497 90 70,586 105,598 -- 50,266 55,244 11,505 264,629 585,211 3,764 46,482 74,601 2,850 29,048 55,285 1,292 41,788 64,651 4,240 12,185 19,524 255 12,662 25,590 1,447 22,564 52,728 579 15,881 21,906 81,942 1,000,989 1,518,475 7,551 15,255 7,487 8,160 9,225 1,648 17,786 20,655 3,885 15,684 17,267 6,728 25,505 55,847 22,757 9,769 12,140 1,706 20,124 27,798 -- 52,121 59,211 114 12,566 15,981 - 28,115 54,920 9,285 4,670 7,562 2,971 7,862 7,520 4,262 18,544 22,507 1,012 9,291 8,654 4,252 17,604 19,906 179 25,844 50,826 815 6,887 7,114 259 267,659 550,584 67,514 57,577 4,968 14,629 5,484 20,844 6,091 14,671 20,502 44,758 12,619 11,827 20,116 24,181 4,275 242,522 52,400 5,884 18,046 5,225 21,577 7,244 22,029 22,209 59,154 15,475 11,850 58,108 40,165 5,685 505,047 Boston, New York City Area... Baltimore, Philadelphia...... Cin. ,Cleve. ,Detroit,Indpls. .. Chicago Area ................. St. Paul-Wise. Areas......... St. Louis Area............... Sioux City-So. Dakota Area... Omaha Area.................. Kansas City................** Iowa --So. Minnesota......... Lou'l.Evan'l.Nash'l.Mph's.... Georgia, Florida, Ala. Area.. St. Jo'ph.Wichita, Okla.City. Ft.Worth,Dallas,San Antonio.. Denver,Ogden,Salt Lake City.. Los Angeles, San Fran. Areas. Portland, Seattle, Spokane... Total.. ................. ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION Beef Veal Total Total Wknde : :(excl. lard) : and mutton t at T Week ended -*-Wu -m- -t ":rn T -- :; meat s lard er : Prod.hProd* er ber : Prod. prod. prod. --ber ber _t : be -. bet I I 1,000 mil.]b. 1,000 mil.lb. 1,000 mil.1b. 1,000 mil.1b. mil.lb. mil.lb. Jan. 7, 1961 ............... 520 191.4 95 10.5 1,160 162.6 265 15.0 377.5 Dec. 31, 1960 .............. 290 175.2 75 8.5 1,120 155.2 240 11.5 548.2 - Dec. 17, 1960 1/ ............ 571 -- 107 1,509 251 -- 41.5 Jan. 9, 1960 ............. 400 241.5 115 15.2 1,740 237.4 559 16.8 508.7 54.5 Percentage change from: Dec. 31, 1960 ............. Jan. 9, 1960 ............... 10 9 27 26 -20 -21 -17 -20 4 6 10 15 -35 -52 -22 -25 SAverage __weightTlbj Lard ----------------------------------------~i~ yield Week ended Cattle : Calves I Hogs 2 $ ep t yield : : : and lambs : per : LrvI :Dressed : -Lve:Drsesse 7 TifeT-DFe9sed-:-I1v 7 Dresge- : 100 lb. Jan. 7, 1961 ............... Dec. 51, 1960 ............... Dec. 17, 1960 ............... Jan. 9, 1960 ............... 1050 1050 1055 1061 1/ Actual slaughter. V Excludes lard. 15.1 15.1 Classification Steers - Prime 900-1100# 1100-1500 Choice 900-1100 1100-1500 Good 900-1100 Standard All wts. Heifers - Choice* 700-900# Good** 600-800 Standard All wts. Cows All weights - Commercial Utility Cutter Canner Bulls All weights - Commercial Utility Calves 500# down - Choice Good Standard Vealers All wts. - Choice Good Standard Steers - Choice Good Medium 500-800# 500-800 500-1000 CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS In dollars per 100 pounds ---_ ------------- -------^-- -^y : hi g s : North Chicago kansas City Omaha Denver : Portland Jan. Jan. Jan. Jan. Jan. Jan.. Jan. Jan. Jan. Jan. 7 9 7 9 7 9 7 9 7 9 1961 : 1960 1961 1960 1961 1960 ; 1961 : 1960 1961 1960 Slaughter cattle, calves and vealers 28.81 28.72 27.91 27.19 25.62 22.91 26.81 22.03 16.22 15.84 14.97 13.16 27.40 27.65 26.38 26.20 24.42 21.45 25.66 20.52 16.72 15.55 15.10 15.45 26.47 26.22 24.12 21.00 25.12 22.97 19.75 16.00 15.19 14.16 12.94 25.50 25.45 22.60 19.60 24.98 22.25 19.00 17.20 15.78 14.20 12.55 27.94 27.81 26.68 26.44 24.31 21.62 26.18 23.94 21.31 16.16 15.12 13.94 12.68 27.55 27.22 25.98 25.52 23.15 19.80 25.52 22.75 19.48 16.72 15.48 14.15 12.95 26.03 26.03 23.16 20.00 25.56 23.00 19.50 16.12 14.25 12.88 26.11 25.58 22.65 19.00 25.56 22.45 19.00 17.48 16.50 14.50 15.20 26.00 24.62 21.75 24.25 22.75 19.75 17.50 15.75 14.00 12.00 -- 26.75 26.25 25.25 22.50 24.25 25.58 21.25 17.58 16.00 135.25 11.75 19.34 22.50 16.88 19.15 17.50 19.75 -- -- 20.62 19.59 21.60 17.00 19.10 17.75 19.50 18.75 19.80 19.75 22.06 24.50 22.50 18.50 26.38 24.38 21.50 29.50 27.50 235.50 22.06 20.12 17.97 24.50 21.88 20.64 24.00 22.25 19.50 27.50 25.50 21.50 23.38 20.75 17.50 24.50 25.00 20.50 Stocker and feeder cattle and calves 26.82 24.65 21.42 25.94 24.12 20.44 25.62 25.25 20.25 26.25 24.25 21.12 26.58 24.50 20.75 25.88 24.00 21.25 26.00 24.00 21.00 22.75 19.75 28.50 26.50 22.50 24.00 20.50 18.50 Heifers - Choice 500-750# Med. & Gd. 500-750 Cows All wts. - Med. & Gd. Calves 500-500# - Steers - Good & Choice Heifers - Good & Choice -- -- 23.25 22.75 23.75 24.25 23.38 23.25 -- 20.00 19.00 20.75 21.00 21.50 21.00 -- 15.50 16.00 15.00 13.25 -- 27.25 26.50 28.50 50.25 -- 23.75 24.00 25.00 27.00 -- 25.50 22.25 51.00 28.50 24.50 24.00 22.50 19.75 22.50 18.25 19.50 16.00 17.00 - 29.00 29.50 24.50 25.25 26.25 26.25 22.00 24.50 CATTLE: MONTHLY AVERAGE PRICES In dollars per 100 pounds -- -- -- -- -- --- -- ------ -- -- ^ fot Chicago Kansas City Omaha Denver Portland Omh ---e- : P n---- Classification Steers - Prime 900-1100# 1100-1500 Choice 900-1100 1100-1300 Good 900-1100 Standard All vts. Heifers - Choice* Good** Standard 700-900# 600-800 - All wts. Covs All weights - Commercial Utility Cutter Canner Bulls All weights - Commercial Utility Calves 500# down - Choice Good Standard Vealers All wts. - Choice Good Standard Steers - Choice Good Medium : Dec. : Dec. : Dec. : Dec. Dec. : Dec. Dec. I Dec. Dec. : Dec. : 1960 : 1959 : 1960 t 1959 1960 1959 1960 s 1959 : 1960 : 1959 a: a : t : : t : : S lauhter cattle, calves and vealers 27.96 28.06 27.05 26.61 24.94 22.69 25.75 21.65 15.48 14.98 15.95) 12.16) 27.05 27.51 25.96 25.55 25.82 21.45 22.85 20.25 15.86 14.79 15.63 18.28 21.15 18.74 20.18 26.31 26.10 25.96 20.65 25.14 22.88 19.74 15.91 14.86 15.94) 12.41) 25.48 25.51 22.75 19.65 24.68 22.04 19.05 16.08 14.76 12.24 17.04 18.45 17.22 18.20 -- -- 21.75 -- -- 20.12 -- -- 17.81 24.50 22.50 18.50 29.50 27.54 25.74 25.62 21.14 18.88 25.09 21.49 18.98 27.10 24.70 21.10 27.27 27.17 26.13 25.91 25.88 21.22 25.52 25.59 21.18 15.61 14.51 13.22) 12.04) 26.84 26.81 25.45 25.10 22.97 19.91 24.50 21.96 19.56 16.01 14.74 12.94 17.54 19.52 17.59 18.79 25.00 20.75 17.50 26.02 26.01 25.25 20.00 25.45 25.02 19.50 16.02 14.06) 12.71) 25.99 25.46 22.66 19.12 25.04 22.52 19.06 17.57 15.74 13.45 18.88 19.66 24.50 23.00 20.50 Stocker and f eeder cattle and calves 500-800# 500-800 500-1000 26.60 24.46 21.52 27.15 24.96 21.22 25.74 23.99 20.64 25.64 25.46 20.05 26.55 24.45 21.50 26.80 24.45 20.90 25.88 24.00 21.25 25.95 24.15 21.05 25.75 24.47 21.69 23.54 22.55 19.75 16.12 15.00 12.89) 10.41) 26.97 26.28 25.05 22.28 25.08 21.25 16.70 15.25 12.55 -- 19.70 19.25 20.45 22.56 19.69 27.88 25.88 22.25 25.25 19.25 18.50 25.50 22.55 51.25 28.50 24.50 24.00 22.50 19.75 Heifers - Choice 500-750# Med. & Gd. 500-750 Cows All wts. - Med. & Gd. Calves 500-500# - Steers - Good & Choice Heifers - Good & Choice -- 22.84 22.62 -- -- 19.75 19.20 25.75 24.45 20'.75 20.95 - -- 15.44 15.94 15.00 15.14 - -- 27.05 26.96 28.50 50.10 - 25.56 25.92 25.00 26.75 25.58 23.16 21.50 20.00 16.00 15.79 29.00 29.16 26.25 26.10 20.75 22.50 17.50 19.50 24.50 24.25 21.25 25.50 *%kight range 600-800# in 1959. ** n n 700-900# " I I 0I I I HI 00 I I I. H I I 0 C 0 I ** I" .I I I I I. 01 I o I* HI S .. 0 1 4 a i-l S I I .. 0 0 I C* I ** I I* I I t I I 0 0 I I HI Sto c c)M I, r-l b r I1 is mi.. " S I I I l I I I mon U0) 0 0a r-1 r-1 l t^ tO 0M 0) 0) (0 SN CN H H Hi I CO00) *N N N HH H 0> 0) o CO Ca10 (0 to00 E0 OD t- W C ** ** ** iC! 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S01I I YNNI I . .1 H LO CM Ed " H H I I o t o S** o XH) CM I I0 I I ** ** r* *l -** *I cn CD 01 I a 301~ 00 .+ **I C-) ,; 10 . P -litol " I CO M I f- rI 01 k O? |.PS r1 r- il v- V- v- i- i-j V- V- -l I tI 43W000to000 0000-000 H ow'1 N 02W)< c~ Voo W ho H I l l Ml i i li l 0 0 ScO 0o v O C 0Wo'RP *too 'N cgN .cWg .HcCcz CgCV 2 to- 4O OO y O C^ ODO ^ ~CO 0* C * 4 . 0 I cQ COl Is n t I to t0 0 0co H H 0 00 c r: 0* * t- E- o> II I l C r-t 'r CM-i 1 0 t-) com co 00I CD 1 02 H CM M ra 1 i o- CM a a 0.iO. .i 33 I I H1 I I I II I' H sH I -I I I C C I I l l U0)0 0 I So co 1I O U 10 ) 0 0) 0 I HHH- oooo U)U)U 0)0)0) mea a ** ** * com OU HMHH ~o CM! CM 9O " N H -l -l is oC! * i1n in N N CN WM W i HHH. . t o C4 4 HOHH N N H H lHw N N W W H H H cl N H! r-l r- La OD OD |o Co C-2 ** * !r-l - *; HHH t) t0 HU1 1 N N N H0 HM H< 01 U)i N0 N N 0) N NM NM HHHl- r | 0 N 00 n N I'd CD 0 oo a '-i N cis 0(1 10. 0 Ea $L4 it i l 10 00 U) 0 o V) 0) N N 00 LO NNH H -1 HH ** N (0 0! 10 CM 10 N ** *** * to to 0 C2 CM% H- r-1 t0 00 4 t4 H r-1 r-1 i-l r-1 Ioo to oo H H I M N 0) 0) U)E- r-N 0)D H N- SlH t- r-H toCM r1 toN N N N (0a C12 W Hq H H H - 01 0 1I *** ** * co 0) N P:1 a; t0 C * ** * HM CMl HMr I to1 0N *H H N I 10 0> N * . Nto to 02 U) CD1 0 Csi 0 llr-1 H- I MCM 1 INN 0 HHHH *) I * 0)* I co co 1 9? C! IO *** - * I I I I I I t' 8 t; S t 8 t4 8tl tooo o -o o oo o A i INl r- 01 N ll H l NP r o l 05 (oooooooo ooo r S00 O 0 O 00 ha S C co o I V0 0 H E 1o- 0 0 4 0 UO 0 U) U) 0) 0 H H (0 r-1 "- CD oD (7) co *- OD to 11 U) ** ** **- * ** ** * 0)i PS' PS HH W to oo H^ 0 0H HOH - f..f Saa * -** C M CM *M N00) HNO 00)02 L; r-H C12 0 lcl (0 l(01 0) 00 co' to te) HHH - ..C-.0 0 002 N (0) D** * S"* ** oS^S CM00)0) 0 0 did HOGS: AVERAGE COST. WEIGHT. AND NUMBER OF PACKER AND SHIPPER PURCHASES I/ ------................................----------------- ------------..................-. -.......... .. Louis Kan- S. S. 8- Chi. Natl. sas Omaha Sioux St. St. Indian- mkts. Week ended cago Stock C City : City Joseph Paul :apolis com- Yards :bined ............... -------- ------- J-............. .----------------- ------------ ---- - AVERAGE COST Dollars.pr.1.00 pounds ,Barrows Jan. 7, 1961 17.17 17.25 17.00 16.97 16.68 17.10 16.74 17.40 17.02 and Dec.51, 1960 17.47 17.44 17.47 17.57 17.08 17.49 17.10 17.76 17.56 gilts Jan. 9, 1960 11.72 11.92 11.92 11.95 11.78 11.89 11.70 12.06 11.86 Jan. 7, 1961 13.35 13.46 13.40 13.36 13.06 13.40 13.50 13.67 13.40 Sows Dec.51, 1960 15.00 13.51 15.25 15.44 12.85 15.50 15.55 15.45 15.27 Jan. 9, 1960 9.05 9.46 8.94 9.64 9.90 9.51 9.28 8.96 9.35 AVERAGE WEIGHT' --------- ----Pound---------------------------------------- Barrows Jan. 7, 1961 241 225 240 248 249 236 235 231 238 and Dec.51, 1960 255 225 255 241 240 251 229 226 252 i Jn.,?o......2....2.4......2.2..... ..... .... .... .... Jan. 7, 1961 451 424 444 449 451 426 428 474 443 Sows Dec.51, 1960 445 404 445 444 458 424 429 459 455 Jan. 9, 1960 456 409 429 441 438 411 416 451 NUMBER OF HEAD - Barrows Jan. 7, 1961 24610 38822 12170 35778 31816 19125 37906 25462 225689 and Dec.51, 1960 24912 44019 11519 55589 55659 19576 57188 22815 227077 gilths Jan. 9, 1960 40917 70057 16165 54951 47470 51922 60005 56500 557987 Sows Jan. 7, 1961 3167 4294 1074 4290 2688 1670 3241 2781 23205 Dec.31, 1960 3028 5238 916 4469 5465 1859 5117 2605 22695 -an- .9..Q7.Q. -.-- ....1Q 4...1 .... .NQ.... -... a._....45... 95 ...- l Sows Percentae of total Jan. 7, 1961 11 10 8 11 8 8 8 10 9 Dec.51, 1960 11 7 7 12 9 9 8 10 9 .... an. ...... ............... 9 6................... 8 7....... 1....... 10 1/ Weighted average. WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG, COMPARED WITH PRICES OF LIVE HOGS. CHICAGO -------------W .--------------------- ----------- rossread Hog products 1/ i Hog prices 2/ or narn / Jan. 7, 1961 $19.78 $18.01 $1.77 Dec.31, 1960 19.92 18.08 1.84 Jan9, .960 .14.93 12.38 2.55 1 / Value of all edible products, fresh basis (lard rendered) in 100 lb. of live hog com- puied 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, T/ 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 gilts i/ No. 3. yellow price ratio Dollars per Cents per based on 100 pounds bushel barrows and gilts Jan. 7, 1961 17.17 108.7 15.8 Dec. 31, 1960 17.47 108.2 16.1 Jan. 9, 1960 11.72 113.9 10.3 I/ Weighted average. 2/ Simple average. 55 HOGS: AVERAGE COST. WEIGHT. AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/ Louis Kan- S. S. 8- Month Chi- Natl. sas Omaha Sioux St. St. Indian- mkts. cago Stock CCity .... City Joseph Paul apolis corn. Yards bined ------------------------- ------j-- ----------------- --- ----- AVERAGE COST Dollars per 100 pounds Barrows Dec. 1960 17.49 17.47 17.20 17.15 16.97 17.27 16.98 17.74 17.27 and Nov. 1960 17.65 17.62 17.15 17.23 17.14 17.17 17.10 17.83 17.36 gilts Dec. 1959 11.87 11.96 11.84 11.84 11.70 11.84 11.70 12.30 11.86 Dec. 1960 15.15 15.58 13.50 13.45 13.12 13.52 13.40 15.27 13.36 Sows Nov. 1960 14.33 14.64 14.47 14.67 14.33 14.79 14.50 14.48 14.53 Dec. 1959 8.88 9.18 8.61 8.92 8.82 9.08 8.90 8.73 8.92 AVERAGE WEIGHT Pounds A V E A G E-- ---^ -" "-- - -----"- ^ "- -" - - -- "- "-- - Barrows Dec. 1960 234 225 2553 240 241 232 231 228 232 and Nov. 1960 229 223 233 256 236 231 230 228 231 gilts Dec. 1959 252 221 232 238 257 227 229 227 250 Dec. 1960 446 404 438 439 435 420 421 460 452 Sows Nov. 1960 441 397 424 432 430 405 410 457 424 ec. 1959 48 44 408 428 430 433 405 415 440 427 NUBRO'ED -""'" ---------------------------------------"------ NUMBER OF HEAD - Barrows Dec. 1960 131021 210039 61112 161708 161784 102555 167516 103911 1099646 and Nov. 1960 127508 205923 64468 158211 140969 104697 183929 107154 1092659 gilts Dec. 1959 167417 282995 71556 238002 216575 140213 241248 141121 1499107 ... ... .-------. ----- ------.... ... ....------ .. ....... ---- --- -- -- ......... Sows Dec. 1960 15650 18002 5306 23812 17453 9621 19428 14331 123603 Nov. 1960 14257 19594 5328 21552 14751 9778 24364 16147 125771 Jec. .1959.....2.459...279AQ... -170...,274...,8.Q79..- 4216,I. 22,71.. 85-M.. 15A4A61 sows P.rcep9_.f. .., . Dec. 1960 11 8 8 13 10 9 10 12 10 Nov. 1960 10 9 8 12 9 9 12 13 10 ....... .. ....9. -....... 1 ...... 9 ........8 ...... LQ ....... ....... 8 ....... ...... ....... O9 1/ Weighted average. AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG. COMPARED WITH PRICES OF LIVE HOGS, CHICAGO . . - - ," . . r 'd - -' W . . Month Hog products / Hog prices 2/ s o sr are Dec. 1960 ..............$.196.98"' or margin. 7 Nov. 1960 ...... 19.90 17.97 1.93 Dec. 1959....... 14.69 12.42 2.27 1/ Value of all edible products, fresh basis (lard rendered) in 100 Ib. of live hog com- puted from wholesale prices on carlot basis, Chicago, reported by National Provisioner daily market report. 2/ Mean of daily quotations on U. S. No. 1, 2 and 3 hogs, 200-220# wt, Chicago, T/ Difference between wholesale product value and hog prices. HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO Barrows and : Corn. Hog-corn Month gilts No. 3, yellow price ratio Month Dollars per 1/ Cents per : based on 100 pounds bushel : barrows and gilts Dec. 1960 ...... 17.492 102.3 17.1 Nov. 1960 ...... 17.65 I/ 96.0 18.4 Dec. 1959 ...... 11.87 i/ 109.5 10.8 I -------------------- Weighted average. 2/ Simple average. i/ Weighted average. 2/ Simple average. WHOLESALE MEAT TRADE REVIEWS LESS THAN CARLOT MEAT TRADE REVIEWS EASTERN SEABOARD The strike of meat hand- lers at New York drew wide attention, due to its broad publicity. Beef and lamb sales establish- ments functioning under independent ownership and management, in New York City limits, were mainly involved and remained closed for the week. The situation forced curtailment of local slaugh- ter as wholesalers, and fabricators of locally dressed meats were mostly non-operative. Subur- ban markets operated normally along with veal, calf and pork houses, which were not affected by the strike. Clearance for the week under review was virtually complete at all points with demand good. Supplies were about normal at all markets other than New York, except for slightly above normal supplies of beef at Washington and Balti- more. Chain outlet at New York were evidently well supplied through direct shipments as buyers displayed only minor interest, although some cars assigned to strikebound establishments were transferred or diverted to chain outlets. Steer beef closed steady to $2.50 higher, the bulk around 500 to instances $1.00 advanced and the full upturn at New York. Cow beef sold steady to $2.00 higher, with the advance at Phila- delphia and New York; veal and calf fully $2.00 higher at New York, with veal steady to weak at Philadelphia, and steady to $2.00 higher at other points. Lamb prices advanced $1.00-2.00 at Phila- delphia, with New York showing a $2.50-3.50 ad- vance, but the trend at other markets was steady to $2.00 lower. Pork loins were steady to $2.00 higher, bulk $1.00-2.00 up, except weak to $3.00 lower at Baltimore. Other pork cuts sold steady to $2.00 higher. Cut-back in kill schedules largely influ- enced a higher price trend for kosher dressed meats. Prime steer forequarters closed $3.00 higher, Choice $2.00-2.50 up. Prices for Choice and Prime lamb were mostly $2.00-5.00 higher. CHICAGO Curtailed marketing of livestock during the holiday week limited the movement of dressed beef and was a bullish factor in the whole- sale meat trade. Choice steer and heifer beef was moderately active with bulk of the tonnage moving in the form of primal cuts. Prices for all cuts advanced with chucks and rounds showing the most upturn. The veal trade was moderately active at mostly steady prices. Demand was moderately good for carcass lamb with all cuts clearing on an even basis after Tuesday. Lower prices established on lamb stews and shoulders in last week's dull trade, stimulated demand during the current period. Trading for pork was rather slow throughout. Fresh meat offerings for the short week were only moder- ate, but adequate to satisfy the trade require- ments. Bulk of the beef supply Good and Choice grades with lamb mainly Choice and carcasses weighing 55-65# predominating. Steer and heifer beef closed 500-$1.50 higher; veal and lamb steady to $1.00 higher; pork loins $1.00-1.50 lower; Boston butts 4-8# 500-$1.00 lower; spareribs about 500 higher. PACIFIC COAST Trading on carcass steer and heifer beef was fairly active early in the week, but closed rather slow. Cow beef was ac- tive on below normal supplies. Supplies of veal and calf were about normal. Trading for lamb was fairly active with the supply moderate and clearance complete. A liberal supply of pork was rather slow in Los Angeles, but fairly active at other points along the Pacific coast. Steer and cow beef sold strong to mostly $1.00 higher, instances $1.50 up at Los Angeles; veal and calf strong to $4.00 higher in California, the most advance at San Francisco, while veal sold weak to $5.00 lower at Seattle. Lamb prices were steady in the northwest and strong to $1.00 higher in California. Prices on pork were very uneven. Both fresh and smoked hams sold $1.00- 4.00 lower; other pork cuts steady to $2.00 higher, with the bulk steady. CARLOT MEAT TRADE REVIEWS MIDWEST CARLOT DRESSED MEAT SUMMARY - Based on reports from major slaughtering centers in Omaha, Kansas City, Sioux City, Sioux Falls, St. Paul, St. Joseph, St. Louis and the Interior Iowa and So. Minnesota area. (Prices f.o.b. plant basis). Demand for beef and lamb was good with below normal supplies more than offsetting the bearish effect of the meat cutter, loader and lugger strike in New York City and prices ad- vanced. Demand for pork was moderate with supplies below normal. Clearance was generally complete except for a small carryover of pork products. Steer beef closed $1.00-1.50 higher; Choice heifer beef $1.50-2.00 higher, Good $1.00-1.50 up; cow beef $2.00-2.50 higher; lamb $1.00-1.25 higher; pork loins steady; fresh hams 12-14# mostly $3.00 lower, 14-16# $1.00-1.50 off; Boston butts steady to 50 lower. Pork sides sold steady to 150 higher. Choice 600-7,iD steer carcasses closed at $43.00-44.00, few carlots $44.50; 700-800# $42.00-43.00; Good 600-800# $39.,00-41.25, high- Good 600-700# $41.50-42.00. Choice 500-700* heifer beef $42.00-43.00; Good $39.00-40.50, few carlots $41.00. Utility cow beef $30.00- 31.00, few loads $31.50-32.00. Choice including pome Prime 35-45# lamb carcasses $37.25-319.0C; 45-.5# $36.00-37.50. Pork loins 8-12# $42.00- 43.50; fresh hams 13-14# $40.00-41.25; 14-16# s3.,',0-39.50; Boston butts 4-1- $32.50-34.50. U. S. 1, 2 and 3 135-155# pork carcasses $25.00- 25.75; 155-175 $S24.3:--25.50. CAELOT SUMMARY Chicago, Denver, New York and Philadelphia. Tradine for most fresh meats was moderately active with demand good. Steer and heifer beef closed 5C'-$2.,. higher, in- stances $2.50 up on Good crade at Philadelphia. Cow beef sold $1.00-3.00 higher; lamb steady to $2.00 higher, except for 4A-r0* carcasses weak to 500 lower at Philldelphla. Pork loins closed steady to $1.00 higher. WiOLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS Weekly average of daily quotations in dollars per 100 pounds New York Chicago San Francisco Los Angeles Classification- -- - I Jan. 7 : Jan. 9 : Jan. 7 : Jan. 9 Jan. 7 : Jan. 9 : Jan. 7 1 Jan. 9 19------- 1 960 _:_ -191. 1 1960 19,_ _1 3.6Q. _1_ ,0i9l. 1 _6laQ. - Steer beef - Prime Choice Good Heifer beef - Choice 700-800# 600-700 700-800 500-600 600-700 500-600# 600-700 Good 500-600 Veal - Prime 90-120# Choice 90-120 Good 90-120 Lamb - Prime 45-55# Choice 45-55 Fresh pork - Loins 8-14 Butts 4-8 Spareribs 5# down Cured pork - Hams, amk. skd. -(Cook before eating) 12-16# Bacon, smoked, sliced - 1# package (box lots) Picnics, smoked (Cook before eating) 4-8# Lard, 1# carton BU Classification Ste seW- Choice Good Heifer beef - Choice Good Cow beef All 600-700# 700-800 800-900 500-600 600-700 700-800 500-600# 600-700 500-600 600-700 weights - Utility Canner and Cutter Lamb - Prime 55-4 Choice Fresh pork - Loins 45# 45-55 55-65 35-45 45-55 55-65 46.75 47.50 46.75 44.25 45.00 60.50 54.00 46.50 48.00 45.05 435.55 43.05 43.45 635.80 52.60 46.80 42.38 42.60 41.88 41.05 50.25 41.00 43.00 57.70 52.00 35.50 45.58 44.42 43.83 43.83 44.17 44.17 42.25 55.00 52.00 46.67 43.38 41.88 40.25 40.25 42.75 42.38 38.75 55.50 50.75 44.50 -- 42.50 41.08 41.67 40.50 40.17 38.83 50.67 39.75 -- 37.83 39.75 39.50 39.67 45.25 37.25 37.00 55.06 27.44 55.00 51.83 43.50 43.83 43.25 42.25 42.50 41.00 42.50 42.29 40.62 40.67 39.50 41.50 40.25 39.75 43.44 43.00 41.50 45.50 41.56 41.25 55.00 -- -- 41.17 39.75 58.50 41.17 39.75 40.00 56.00 57.00 47.17 41.50 40.00 58.25 54.00 55.38 51.00 40.40 50.50 45.75 54.83 50.00 52.33 45.88 47.50 54.20 53.25 59.75 56.00 39.00 52.17 39.50 33.00 29.50 33.25 50.50 32.50 50.00 33.00 29.00 16.25 12.50 14.50 11.50 17.50 15.50 15.67 15.75 LK PRICES CABEDT BASIS WEEK ENDED JAN. 6, 1961 -Z Pricp a 11 C7. Ever --- :- 1Fri-Tc-s"d8'iaerq f- Cd^ -clto ~ ege1'V MuZZ igm -s- -Neiewo'73A 7 Fhqljadlia 44.00-44.50 43.00-43.50 41.50-42.00 41.00-42.00 41.00-42.00 40.50-41.50 42.50-43.00 42.50-43.00 40.00-41.00 40.00-41.00 30.50-31.50 31.00-32.00 38.00-39.00 37.00-38.00 34.00-35.50 38.00-39.00 37.00-38.00 34.00-35.50 42.50-43.00 41.50-42.00 40.50-41.00 41.00-42.00 41.00-41.50 42.50-43.00 41.25-42.00 38.25-39.50 38.25-39.50 42.75-43.25 44.50-46.50 42.00-42.75 45.00-45.50 40.50-41.25 43.00-44.50 40.75-41.75 44.00-45.00 40.00-40.75 43.50-44.50 -- 43.50-44.50 41.75-42.25 41.75-42.25 39.50-40.00 39.50-40.00 31.00-32.00 30.00-30.50 -- 30.50-31.00 36.00-37.00 35.00-36.00 33.00 45.50-46.00 45.00-45.50 43.00-43.50 42.50-44.00 42.00-43.50 -- 44.00-45.00 - 32.50-33.00 -- 32.50-33.00 -- 40.00-42.00 -- 38.00-39.00 -- 36.00 38.00 36.25-37.25 40.00-42.00 35.25-36.25 38.00-39.00 33.25-34.25 36.00-38.00 40.00-41.00 38.00-39.00 36.00-37.00 40.00-41.00 38.00-39.00 36.00-37.00 8-12# 43.00-44.00 -- 42.00-43.00 - 45.00-45.50 BOSTON WOOL MARKET REVIEW Trading for greasy combing wools in the Boston market was very limited with prices about steady. A fair volume of pulled wools was sold along with some noils at steady prices. Range sales were limited to a few lots in Wyoming with very little activity in Texas and the fleece wool States. The Dominion markets remained closed for the holiday season. There was slight activity in Argentine carpet wools while Bradford was active in Montevideo recently. Fleece Wools Trading for fleece wools was extremely limited. Territory Wools Original bag bulk fine good French combing and staple wool sold in Casper, Wyoming at 40.66f grease basis delivered Boston while another lot of similar description but heavier shrink* ing sold at 57.5f grease basis, delivered, Texas Wools Activity in Texas was very slow with sales volume too small to establish prices. Mohair Bulk of the 1960 clip has sold previously at 91# for adult and $1.262 for kid mohair to the warehouse. There was occasional contracting of the 1961 spring clip at 91 for adult and $1.212 for kid hair to the warehouse. Foreign Wools Dominion auctions will resume in South Africa at East Londo* and Durban on January 9, in Australia on January 10 at Newcastle, Adelaide and Goulburn and in New Zealand at Wanganui o4 January 11. Montevideo Super Skirted wools were quoted for shipment as follows: 64s at 90#, 60/64s at 87#, 60s at 850, 58/60s at 854, 56/58s at 82# and 50/56s at 814. Carpet Wools Trade in carpet wools continued dull. Greasy Buenos Aires Novem- ber second clip 36/40s were quoted at 753 while scoured 56/40s were priced at 74- 74 k. New Zealand carpet fleeces were offered at 750 and crutchings around 680 all clean fibers present for shipment. Woolen Wools Sales follows Scoured Pulled Domestic 64s li-2 2" choice white $1.24-1.25 58/60s ave. 2P" white 1.09 58/60s 2-2" white 1.04 58/60s 1-lI" white 1.00 56/50s li-2" It. stain .98 Noils Clear 64/70s Aust. nobles Semi-clear 64s Aust. nobles Choice 62s terr. nobles 56/50s 56/50s 48s Greasy Pulled Domestic (Clean basis) 2-5" burry and seedy l1-2-" light stain 5-4" choice $.87 .81 .79 $.95 .95 1.04 Wool Tops There was more inquiry for fleece 54s oil-combed tops but trade was slow and little done. Quotes follow: Warp Aust. D/C Warp Dom. D/C 70s $1.82 $1.76 64s 1.76 1.70 62s 1.70 1.62 60s 1.65 1.55 58/60s- 1.61 1.48 Oil-combed Territory 58/60s $1.59 $1.46 56s -- 1.45 50/56s -- 1.41 48/50s -- - Fleece $1.41 1.58 1.55 CLOSING FUTURES QUOTATIONS - Jan. 5, 1961 (Furnished by the Wool Associates of the N. Y. Cotton Exchange) March wool tops $1.468 May wool tops 1.470 64s grade 2.55" minimum length March wool $1.156 May wool 1.154 64s grade 2j" ave. stretched length < t THE LIVESTOCK AND MEAT SITUATION Approved by the Outlook and Situation Board, January 5, 1961 Summary The livestock industry this fall has featured-- (1) A sharply reduced level of hog slaughter, and relatively favorable prices following the reduction in the number of spring pigs. (2) Generally larger marketing of other meat animals than in 1959. (3) Strengthening of cattle prices, which, for most classes, are near or above those of a year earlier. (4) A decline in lamb prices with prices continuing below last year's level. (5) Total meat production in recent months down from a year ago due to smaller pork output. Hog production is increasing and will result in a larger pork output in the last half of 1961 than in 1960. The 1960 fall pig crop was down 3 percent, but as of December 1 producers planned to increase the spring pig crop 5 percent. The gain will be somewhat" larger in early farrowings according to present intentions. However, the entire spring crop would be smaller relative to population than in any postwar year except 1960. No severe decline in hog prices is expected in the fall of 1961, although prices will be appreciably less than this past fall. Hog prices have held up better this fall than usual as slaughter has lagged sharply behind year-earlier levels. The average price to farmers for hogs in December was $16.20 per 100 pounds, $4.90 above a year earlier. Slaughter will continue below a year ago during the next few months although the margin will narrow as the 3 percent smaller fall pig crop is marketed. Prices are expected to be above a year earlier this winter and may fluctuate within relatively narrow limits. Price discounts for over- weight will widen if farmers continue to stretch out the feeding period for hogs. Market supplies of fed cattle this winter probably will be a little larger than last, but grass cattle will provide much of the expected increase in total cattle slaughter. The number of cattle and calves on feed October 1, 1960, in 26 feeding States was only 1 percent larger than October 1959. Since then, marketing of fed steers and heifers have been down slightly. Feeder cattle sales and shipments indi- cate the number placed on feed since October 1 was probably about the same as last fall. Hence, the number of cattle and calves on feed January 1 will likely be close to last January. This winter, cattle prices--including fed cattle--will likely con- tinue close to or a little above current prices. The 1960 lamb crop was up 2 percent. Sheep and lamb .laughter since July has been about 10 percent larger than in the same period in 1959. The number of sheep and lambs on feed for winter and early spring market this year is not expected to differ greatly from the number on feed on January 1, 1960. Hence, total lamb market- ings this winter will likely be close to a year earlier. Some seasonal uptrend in lamb prices seems probable this winter. Total meat consumption in 1960 was about 161 pounds per person, a pound or so more than in 1959. This uptrend will continue in 1961 and consumption of meat of about 165 pounds may set a new high. Most of the prospective 4-pound gain will come in the last half of the year and will be due to larger beef supplies. Average retail meat prices are currently a little above a year earlier, as higher pork prices more than offset lower beef prices. Retail prices this winter will likely average a little above a year earlier but will drop below later as increasing pork production brings lower prices. Late in 1960, the Department of Agriculture purchased about 46.4 million pounds of frozen ground beef, 33.2 million pounds of canned beef and 42,000 pounds of frozen ground lamb for distribution to schools participating in the National School Lunch Program. Also, 23.1 million pounds of lard were purchased for donation to needy persons and institutions. Meat purchases for schools and lard purchase programs were suspended in November. 40 U. S. Postage an Department of Agriculture Washington 25, D. C. UNIVERSITY OF FLORIDA 3 1262 08506 9689 OFFICIAL BUSINESS Form AMS-1/10/61 Permit 1001. University of Florida Documents Librarian 11-4-59 The University Libraries LS-CLS Gainesville, Fla. SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS In dollars per 100 pounds --_ --_ -^_- -- -- --_- -- -- -^- 2 ."a a : a North Classification Chicago Omaha :Kansas Fort Denver Ogden Port- (Wooled) 10# down Jan. 7, Jan. 9, Jan. 7, Jan. 9, Jan. 7, 1961 1960 1961 1960 1961 Jan. 9, 1960 EWES: (Wooled7 = ll tis. Good and Jan. 7, 1961 Choice Jan. 9, 1960 Cull and Jan. 7, 1961 Utility Jan. 9, 1960 FEEDER LAMBS Good and Choice -All Jan. Jan. wta. 7, 1961 9, 1960 17.75 -- 18.19 -- -- 18.50 -- -- -- - 17.28 17.18 17.25 16.58 17.50 17.75 17.71 19.10 18.75 18.58 17.58 18.87 17.98 18.00 16.12 15.94 16.51 15.81 16.50 16.75 16.75 18.05 17.88 17.72 17.25 18.22 17.50 17.58 5.75 6.05 5.50 5.42 5.88 5.50 5.25 4.12 -- 16.25 -- 17.00 5.25 4.65 4.58 5.90 -- 6.50 4.50 4.88 -- 5.62 4.75 5.25 6.94* 5.58 5.25 5.62 6.50* 4.00 5.00 5.75 -- 15.25 16.50 16.00 -- 16.05 -- 15.50 15.25 15.25 *Shorn basis. *Shorn basis. SLAUGHTER LAMBS: Prime Choice Good -- |