Livestock, meat, wool market news

LIVES



MEAT



WOOL


WEEKLY SUMMARY

AND STATISTICS


LIVESTOCK DIVISION, AGRICULTURAL MARKETING SERVICE
U.8. DEPARTMENT OF AGRICULTURE
WASHINSTON 2s, D.C.


Vol. 28, No. 9


March 1, 1960


Week ended February 27


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


. .

Cattle and
. .
. S 0 0
. 0 *
. .


.........
. 0 0 .5
* .0 .0 .
@ C O O e @ @ @
OO@


. .


. 167-
. 167


168
169
170
178
171
172
173


Special to this issue
Federally Inspected Slaughter and Revised Estimates of
Meat Production, by weeks, January 1960 .. 167
Mohair Production and Value of Sales, 1959 . 174
Wool Production and Value of Sales, 1959 . 175
Effective Parity Prices, Feb. 15, 1960 . 176
Prices Received by Farmers, Feb. 15, 1960 . 176
Classification .of Livestock Slaughtered in the United
States, January 1960. . . 177
Percentage Distribution by Classes of Cattle Slaughtered
under Federal Inspection, January 1960 . 177
Average Live Weight of Livestock Slaughtered, 1955-59 178
United States Federally Inspected Slaughter and Meat
Production, January 1960 . 179
Commercial Livestock Slaughter and Meat Production, Jan.1960. 180


asss-vaii






162


MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Prices advanced on most slaughter live-
stock under the influence of the reduction in
supplies which was due largely to adverse
weather and road conditions. Higher dressed
meat prices stimulated demand which exceeded
the curtailed marketing at several points.
Slaughter steers sold 50#-$1.00 higher for the
week at most points. Barrows and gilts sold
unevenly 25#41.00 higher. Slaughter lambs
closed 25-75# higher over most of the area.

SLAUGHTER CATTIE AND CALVES One storm
followed another across the nation in the last
week of February, leaving deep snow and sub-
zero weather to hamper the movement of livestock
in many areas. The slaughter holiday Feb-
ruary 22 was also a supply curtailing factor
even though all markets were open for trading.
Salable receipts of 186,585 cattle at the 12
markets were the smallest of 1960 to date.
Cattle supplies the corresponding week in 1959
were the smallest for the entire year. Small
receipts and higher dressed beef prices touched
off a progressive advance in cattle prices.
Slaughter steers sold 504-$1.00 higher at most
markets with steers over 1500# which have been
under pressure recently often showing the full
advance, these $1.50 higher in instances.
Steers advanced only 25-50# in Sioux City
where cattle receipts increased in contrast
to the over-all decline in volume. Heifers
closed 254-$1.00 higher, a few sales $1.25 high-
er in St. Joseph but some only steady in Chi-
cago and Sioux City. Cows sold strong to
$1.00 higher with sales 500-$1.00 up at sev-
eral points; bulls steady to 500 higher. At
many major markets bulk of the steer supply
graded Good and low-Choice. Choice and Prime
formed a smaller percent of the Chicago steer
supply where the 55 percent Choice was small-
est for any week since last May. Weight was
less of a price determining factor in the steer
trade as packers sought numbers for minimum
slaughter requirements.
At Chicago most Prime 1100-1400# slaugh-
ter steers brought $29.25-50.00; load 1284#
$30.50; mixed Choice and Prime $28.50-29.25;
bulk Choice $25.75-28.25, largely $26.25-28.25
late; most Good $23.00-26.50. High-Choice and
Prime steers at other midwest markets realized
$27.50-28.50, few sales to $28.75 at Sioux City
and So. St. Paul and small lots to $29.00 at
Indianapolis; most Choice $25.00-27.50; Good
$25.00-25.50; Standard and low-Good $19.50-
25.00. Choice and Prime slaughter heifers sold
at $27.75-28.25 at Chicago with Choice bulking
$25.75-27.50 and Good $22.00-25.50. Elsewhere,
high-Choice heifers including few Prime large-
ly $27.00, few to $27.50; bulk Choice $25.50-
26.50; Good and Choice $22.00-25.50. Utility


and Commercial cows $15,00-17.50, Canners
and Cutters $15.00-16.50.

STOCKER AND FEEDER CATTLE AND CALVES -
Storm conditions over much of the area not
only tended to curtail late February market-
ings, but also created additional problems
in handling any stocker and feeder cattle and
calves purchased during the week. However,
despite more than average late winter dif-
ficulties in handling livestock, demand
proved more than adequate to absorb seasonally
light to moderate numbers at the various ter-
minals. In fairly active trading, prices
generally were steady to strong with some
sales 500 higher. Most aggressive demand
continued to center on well bred stock cat-
tle that could be readied for the start of
a new grazing season. However, feeder buyers
also continued to show considerable interest
in feedlot replacements, particularly Good
and Choice grades carrying sufficient flesh
to insure a relatively short term in drylot.
Weight continued as an important price deter-
mining factor as feeders weighing 750-850#
generally sold well above the same grades
in a 950-1000# range.
Few loads Choice yearling stock steers
brought $29.00-50.75, including load 620#
at $30.75. Other Good and Choice yearlings
ranged $24.00-28,85, Medium and low-Good
$21.00-25.00. Good and Choice 800-1050#
feeder steers sold from $22.50-26.00, few
Choice 800-850# up to $26.50. Good and Choice
yearling heifers brought $21.50-26.00. Fleshy
heifers 650# up seldom exceeded $25.00 but
Choice 525# reached $26.50. Majority Good
and Choice steer calves sold from $26.00-52.00,
few up to $55.40. Good and Choice heifer
calves brought $24.00-29.50. Few Medium and
Good stock cows sold from $15.00-18.50.

HOGS Terminal Markets Despite in-
clement weather over much of the midwest area
and the non-slaughtering holiday on Monday,
receipts at the twelve terminals were only
2 percent smaller than the previous week. How-
ever, supplies were 14 percent under the same
week a year ago. Consignments of mixed U.S.No.
1-5 and No. 2-5, 190-250# butchers predominated
in the supply. Prices fluctuated considerably
throughout the area during the week. Substan-
tial upturns were recorded on reduced supplies
Monday but much of this advance was erased
on increased marketing Tuesday. Strength
developed later and the week was climaxed by
a broad demand and sharply higher prices on
Friday that were influenced by advances in
wholesale pork prices. Compared with the
previous weeks close, barrows and gilts were






163


unevenly 25#-$1.00 higher, some $1.25 higher
at Indianapolis but sales were strong to 500
up at Omaha. Sows sold strong to $1.00 higher,
mainly 50-750 up,
At the close mixed U. S. No. 1-3 and No.
2-3, 180-250# barrows and gilts, including
weights to 280# in the eastern Corn Belt,
bulked at $14.25-14.75. Selected lots of No.
1 and No. 1-2, generally weighing 190-250#
$14.75-15.00, few $15.25 and 20 head $15.50
at Omaha. Mixed No. 1-3, 270-550# sows bulked
late at $12.00-13.25.
Feeder pig prices advanced 50#-$1.00 at
Sioux City and So. St. Paul. Good and Choice
100-160#, mainly 130-160# feeder pigs at So.
St. Paul brought $11.50-12.50 while at Sioux
City Medium and Good 150-160# offerings sold
at $11.00-12.00, few Good $12.50.
HOGS Interior Iowa-Southern Minnesota
Area Receipts of hogs increased somewhat
from the small movement of the preceding week
but supplies were again somewhat smaller than
a year earlier. A smaller than normal carry-
over of hogs from the previous week-end along
with higher wholesale fresh pork prices were
factors stimulating demand, and supplies on
most days were well within the limits of
buying orders. As a result, prices generally
advanced and Friday's sales of butchers were
40-75# higher than a week earlier. Sows were
35-50# higher, instances 75# up on weights
over 450#. U. S. No. 1-3, 190-240# butchers
sold on Friday from $13.20-14.00 with a lim-
ited volume of No. 1 and 2 offerings at
$14.00-14.50. Mixed No. 1-3 270-400# sows
brought $11.50-12.65, 400-550# mostly $10.25-
11.50.

SHEEP AND LAMBS Receipts at the 12 mar-
kets were 9 percent less than the previous
week and around 20 percent smaller than the
corresponding period last year. Adverse weath-
er was a factor curtailing the supply. Higher
dressed lamb carcass prices tended to stimu-
late demand in the live market and prices
advanced. Closing sales on slaughter lambs
were generally 25-75# higher for the week ex-
cept 504-$1.50 higher at Omaha where sub-
stantial downturns were recorded in the pre-
vious week. Slaughter ewes sold steady to
500 higher, instances 75# up; feeder lambs
steady to 500 higher.
Good and Choice 90-115# wooled slaugh-
ter lambs brought $19.75-21.50. Mostly Choice
wooled lambs usually 80-105# realized $21.00-
21.75 and several loads at Chicago reached
$22.00. Good and Choice 85-110# slaughter
lambs with No. 1 and fall shorn pelts sold
from $19.00-20.50 with some mostly Choice
$20,00-21.00. The small supply of Cull to
Choice slaughter ewes brought $3.00-6.50 with
a few Choice ewes to $7.50 and to $8.50 at
Chicago.


Most Good and Choice 75-84# wooled feeder
lambs sold at $19.75-20.75 and a part deck
reached $21.00 at Sioux Falls. A few mainly
Good feeder lambs sold down to $19.00 and this
price also included a few lots of Good and
Choice fall shorn feeders. Three loads Good
and Choice 85-91# shearing lambs sold for
$20.00 at Omaha.
In the Interior Iowa-So. Minnesota area,
slaughter lambs closed fully 500 higher, in-
stances $1.00 up. Most Good and Choice 90-
105# wooled slaughter lambs delivered to
packing plants sold at $20.00-21.00 on late
rounds, with loads and lots mostly Choice
at $20.75-21.25 and Choice lambs reached
$21.50 in parts of southern Minnesota. Good
and Choice 105-115# wooled slaughter lambs
sold at $19.25-20.25. Good and Choice shorn
lambs with No. 1 and fall shorn pelts real-
ized $18.50-20.00.

RANGE AND FEEDLOT 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 un-
less specified.

ARIZONA, CALIFORNIA, NEVADA, AND UTAH -
Direct trade on slaughter steers and heifers
fairly active, prices unevenly steady to $1.00
higher; stocker and feeder cattle and calves
steady to strong. Slaughter lambs mostly
steady, instances 50 lower.
Slaughter steers: In California for
early April delivery, 8 load string expected
Choice 950# $28.00, and 109 loads high-Good
to mostly Choice 950-1125# $26.50-27.25;
153 loads Good and Choice 950-1300#
$25.00-26.00; 61 loads high-Standard to Good
900-1200# $23.25-25.00; 13 loads mostly
Standard $21.50-22.75. Slaughter heifers:
High-Good to mostly Choice 775-1000# $24.50-
26.00; Good 700-900# $23.00-23.75.
Stockers and feeders: For current de-
livery, Good and Choice stock steer calves
$27.00-30.00, heifers mostly $26.00-27.50.
Good 600-650# stock steers $26.00-26.50;
4,500 mostly Good feeder steers $24.00-24.50,
these to weigh 700-800# for May to October
delivery.
Lambs: Good and Choice 100-118# wooled
and shorn slaughter lambs $20.50-21.00, few
loads and small lots mostly Good $19.50-
20.25.

COLORADO, SOUTHERN WYOMING, WESTERN
NEBRASKA, AND WESTERN KANSAS Trading on
fed cattle direct at feedlots in Colorado
very active, with fed steer prices strong to
250 higher; heifers 25-400 higher. Ninety-
five loads high-Good to average-Choice
1100-1275# fed steers $25.50-26.75; 12 loads






164


Good and low-Choice 1Q00-1596# $24.00-24.50.
Eighty-four loads low to average-Choice 775-
1000# fed heifers $26.25-26.50, latter price
freely; 120 loads mostly Choice 875-1025#
$25.75-26.25, late sales mainly $26.00-26.25;
58 loads average-Good to low-Choice 900-1025#
$25.25-25.75; load Good 978# $25.50; 2 loads
Standard and Good $21.00.
Demand for stocker and feeder cattle
and calves very good at strong to 500 higher
prices. Adverse weather conditions again
made it difficult for buyers to observe replace-
ment cattle being offered. Western Kansas:
24 loads Good and Choice 700-880# feeder steers
$23.90-25.00; 2 loads mostly Choice 556-589#
$25.60-27.75; 11 loads mostly Good 555-698#
$22.50-24.60. Ten loads Good 625-695# feeder
heifers $22.50-25.00; 8 leads Good and Choice
525-550# $24.00-24.25, part of these May 1
delivery; 4 loads same grades 724-800# $21.00-
22.50. Load Good and Choice 591# heifer
calves $26.25. Western Nebraska: 2 loads
Good and Choice 289-380# heifer calves $27.00.
Colorado: load Good. and Choice 526# short
yearling feeder steers $28.20. Five loads
Good and Choice 700# feeder heifers $25.75,
early March delivery. The first fall contract
was confirmed on a string of mostly Good steer
yearlings to weigh around 725# at delivery
in October $22.00.
Demand for fed lambs good with prices
steady to 250 higher. Sales confirmed on 45
loads Good to mostly Choice 101-114# wooled
slaughter lambs $20.50-21.00, latter price
paid freely late in the week. Western Kansas:
4 loads mostly Good 91-118# lambs with fall
shorn pelts $18.00-18.75.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Direct
trade all classes of cattle slow but prices
were strong. Twenty-two loads Good and low-
Choice 1050-1195# fed steers $24.25-25.15;
12 loads Good to average-Choice 700-950#
fed heifers $24.00-25.00. About 1,800 Good
and Choice 750-875# feeder steers $25.00-
25.00; 200 Medium and Good 500-525# $24.00.
About 250 Good and Choice 550# stock heifers
$26.25, March 15 delivery; 250 Choice stock
steer calves $29.00 mid-April delivery to
weigh 575-600#; 125 Choice 450# heifer
calves $28.00, mid-April delivery.
Amarillo Area Direct trade active.
Slaughter steers 500 higher; slaughter heifers
steady. Stockers and feeders strong to 500
higher with confirmed sales and contracts
totaling 14,500 head, largely for spring de-
livery. Two loads average-Choice 1170# fed
steers $26.00; 20 loads Good and low-Choice
800-1050# $25.00-25.35; few loads Standard to
mostly Good 975-1100# $23.00-24.00. Twenty-
six loads low to average-Choice 800-1000# fed
heifers $25.00-25.50, several loads Good 800-


900# $25.75-24.50. Good and Choice stocker
and feeder steers $22.80-28.00, many $24.00
up. Good and Choice stocker and feeder heifers
$23.00-26.00, 2 loads Medium 65Q# $20.00. Good
and Choice stock steer calves $26.00-55.00,
heifers $24.00-28.00; 400 Good stock cows, few
with calves at side, $250.00 per cow with
calves included.

IDAHO, OREGON AND WASHINGTON Slaugh-
ter steers and heifers steady except Choice
steers strong to 250 higher in Idaho; stocker
and feeder cattle and calves steady to strong;
slaughter lambs steady.
Slaughter steers: Washington Low to
average-Choice 1100-1250# $25.25-26.00.
Idaho Choice 1000-1200# $24.75-25.50, in-
cluding steers at the latter price for April
and May delivery; Choice 1200-1550# $23.50-
24.25. Oregon Average to high-Choice 1400-
1427# $225.25-25.75. Good and Choice 850-
1000# fed heifers $25.00-24.50 in Washington
and Idaho.
Washington Good and Choice 755#
feeder steers $25.50; Good 500# stock calves,
$25.50-24.00 on heifers and $27.00-28.00
on steers. Idaho Good and Choice 925#
feeder steers $24.00. Oregon Good and
Choice 675# stock steers $25.00 with same
grades 698-750# heifers $22.00-23.00.
Good and Choice 100-110#l slaughter
lambs with No. 5 to Fall shorn pelts in
Washington and Oregon $20.00-21.00 delivered
to West Coast points. In Idaho, Good and
Choice 101-110Q wooled slaughter lambs
$20.50-21.00.

MONTANA, NORTHERN WIOMING AND WESTERN
DAKOTAS Trading fairly active under good
demand. Slaughter steers and heifers 500
higher, stockers and feeders strong, slaugh-
ter and shearing lambs strong to 500 higher.
Around 25 loads Good and Choice fed steers
in southern Montana $25.50-25.00 for de-
livery through May; 10 loads high-Good and
Choice 870-1000# slaughter heifers $23.25-
24.50.
Western Montana 200 Good and Choice
810-950# feeder steers $24.00; 60 Good and
Choice 655# stock steers $26.50; 485 Good
stock cows $200.00-225.00 per head.
Northery Wyoming 1,150 Good and
Choice 105-115# wooled slaughter lambs $19.25-
19.50; 288 head Good and Choice 105# sham
lambs with No. 1 pelts $19.50 off trucks
Scottsbluff, Nebraska. Montana 1,600 Good
and Choice wooled slaughter lambs $19.00-19.25;
5,400 Good and Choice 90-95# shearing lambs
for March delivery $19.00; 1,500 Good and
Choice coming 2 year-old bred whiteface ewes
$26.00-26.50 per head. Around 88,000) 1960
shorn ewes wool 59-420 per grease pound in
Northern Wyoming.







WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS

- - T Cg' E "cTl7ei ar --o 77wr s-
: Cattle : Calves : -ogs : Shee and la-mb
Market : Feb.27 : Feb.28 : Feb.27 : Feb.28 : Feb.27 : Feb.S 2 : Feb.27 : Feb.28
: 1960 : 1959 : 1960 : 1959 : 1960 : 1959 : 1960 : 1959
Chicago ................ 58,169 39,074 150 349 31,524 44,191 6,658 9,902
Cincinnati ............. 2,897 2,489 498 709 12,562 14,660 455 791
Denver ................. 8,593 8,033 94 252 4,281 2,932 24,141 27,150
Fort Worth ............. 3,295 3,237 1,547 1,089 2,203 2,877 5,954 7,900
Indianapolis ........... 7,158 6,431 509 658 35,428 45,479 1,604 4,252
Kansas City .......... 16,979 15,142 492 998 13,381 15,747 4,224 7,358
Oklahoma City .......... 6,450 9,056 505 432 2,729 3,269 2,002 1,581
Omaha .................. 31,179 50,356 174 421 40,322 42,925 13,831 16,155
St. Joseph ............. 13,753 12,562 345 432 24,263 26,749 3,251 8,046
St. Louis NSY .......... 12,532 10,607 1,913 1,725 55,174 62,743 3,761 3,329
Sioux City ............. 26,642 24,328 844 501 34,138 41,650 9,809 10,336
S. St. Paul ............ 19,138 18,958 8,562 8,173 60,531 65 805 10 129 10,650
Total ................. 186,585 180,253 15,211 15,739 316,536 369,027 85,797 107,450
Feb. 20, 1960....... 199,951 15,384 323,440 94,538
--------------------------------------------------------------------
INTERIOR IOWA AND SOUTHERN MINNESOTA
Feb. 27, 1960 Feb. 20, 1960 Feb. 28, 1959
Hogs ..... 410,000 548,000 444,000
Sheep .... 29,800 21,800 27,400
------------------------------------------------------------------------
STOCKER AND FEEDER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
- ----------------- -- ----------------- _- -------- -
: Week ended :
: Feb.25 : Feb.18 I Feb.26 :
: 1960 : 1960 1959 :
Steers 1001# up ............ 638 694 870
901-1000 ............ 1,546 2,397 1,515
801-900 ............. 2,758 2,858 2,721
701-800 ............. 2,643 2,830 3,727
501-700 ............. 7,519 6,546 8,446
----------------


Total steers
Av. wts. "
Av. cost* "


WI W It


10 market
It nW

Chicago
Kansas C
Omaha ..
S. St. I
Sioux CJ
Denver .
Ft. Wort
Oklahoma
S. St. J
St. Loui
- 10 mar


I heifers "
I cows "


ts ...... 15,104
...... 724#
...... $24.61
......... 23.44
;ity ..... 24.43
6......... 24.72
'aul ..... 22.39
Lty ...... 25.98
......... 22.51
-h ....... 25.16
SCity ... 24.03
[oseph ... 24.40
Ls NSY ... 22.70
kets .... 4,374
* .... 2,137
S .... 97


Not adjusted for differences in grade of cattle sold at each market.
ESTIMATED PERCENT OF STOCKER AND FEEDER CATTLE AND SLAUGHTER COWS IN SALABLE RECEIPTS

Week ended :Chicago: Omaha: :Louis-,:. :Denver: t :-Wichitas
City Joseph Sto s a apo City ntonio
Stockers and feeders


Feb.
Feb.
Feb.


26, 1960 2
19, 1960 2
27 1959 2


Feb. 26, 1960 6
Feb. 19, 1960 7
Feb. 27, 1959 9


'A


1
I--


57 9 9 5 25 5 8
68 10 16 5 25 5 10
A4 12 22 4 25 5 4
Slaughter cows
6 7 6 9 6 28 9
7 8 7 9 8 50 10
1 13 6 15 9 50 12


5
8
10


65 61
65 50
35 70


12 15 10
20 15 10
15 15 7


30 50
37 55
48 40


11 25
16 20
17 15


15,125
754#
$24.03
24.12
23.79
23.76
22.90
25.36
24.25
23.53
25.97
25.68
22.88
5,829
2,490
679


17,279
718#
$26.35
25.46
25.96
26.75
24.10
28.41
25.63
26.67
25.82
25.82
25.17
5,011
3,327
844






166


STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER /_
S N r o h Percent of total Average weight Average price in
: Number of head :
by grades (pounds) :dollars per 100 lb.
Grade ------------ -----
Week ended
: Feb. 25 : Feb. 26: Feb. 25 : Feb. 26 : Feb. 25 F b. 26 Feb. 25 Feb. 26
: 1960 199_ _:_ .9.o0_ _:_ 999 __ 19-.0 -9- 19-99_


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.....


2,583
14,886
8,161
1,078
2
300
27,010

235
5,872
9,594
1,063
64
16,828

268
4,368
5,274
304
84
10,298

7
2,512
3,267
971

13
6,770


1,721
2,475
889

147
5,252


2,681
4,670
488
31
7,870


2,183
15,179
6,727
1,636
7
364
26,096

158
5,215
7,691
455
146
13,641

116
3,492
6,275
566
305
10,554

--
662
5,701
829

52
5,244


-
404
2,415
391

129
5,559


25
876
3,981
728
32
5,642


9.6
55.1
50.2
4.0
1.1
1.1


CHICAGO
8.4
58.2
25.7
6.3

1.4


OMAHA
1.4 1.1
54.9 38.2
57.0 56.4
6.3 5.2
.4 1.1


1,248
1,200
1,103
986
1,588
1,004
1,164

1,149
1,198
1,142
1,076
947
1,157


SIOUX CITY
2.6 1.1 1,170
42.4 33.1 1,172
51.2 59.4 1,121
3.0 3.5 1,098
.8 2.9 1,079


.1 -- 970
37.1 12.6 1,140
48.3 70.6 1,122
14.3 15.8 1,066

.2 1.0 1,166
1,121
1ST. TOAUISN 1S
;r XiI J -

32.9 12.1 1,092
47.3 72.3 1,053
17.0 11.7 999

2.8 5.9 914
1,053
- 1.- 7.--os ----


54.1
59.3
6.2
.4


.4
15.5
70.6
12.9
.6


1,179
1,096
1,045
936
1,121


1,254
1,206
1,154
1,038
1,521
998
1,178

1,199
1,258
1,138
1,063
1,063
1,181

1,200
1,191
1,152
1,102
1,066
1,161


29.07 50.69
27.20 27.71
25.46 26.01
22.10 24.48
21.00 24.00
18.69 22.57
26.64 27.51

27.63 29.29
25.91 26.43
24.27 25.22
20.60 22.75
17.65 20.95
24.67 25.64

28.19 29.22
26.60 26.78
24.91 25.25
20.56 25.20
18.06 21.50
25.56 25.65


-- 28.00
1,179 25.57
1,086 24.14
1,089 21.94

995 18.94
1,097 24.38
-m m m m m m a. n ..am


1,075
1,067
1,013

955
1,057


1,107
1,165
1,116
1,058
1,019
1,115


25.99
24.06
21.47

18.68
24.17



25.69
25.95
20.79
17.60
24.37


26.51
25.14
25.24

20.88
24.99
m-


-
27.49
25.78
25.78

21.97
25.65


50.71
26.65
25.20
22.85
20.48
25.14


D V m- -
m e m e m e m m m


Prime.......... -
Choice......... 1,117 1,504
Good........... 957 1,490
Standard....... 106 115
Utility....... 62 -
All grades..... 2,242 2,909
/ Data collected by Agricultural
2/Data collected by Agricultural


-- --
49.8 44.8 1,171 1,221
42.7 51.2 1,150 1,147
4.7 4.0 1,172 1,065
2.8 1,277 --
1,165 1,177
Estimates, and Livestock Divisions, A.M.S.


26.00 26.67
24.86 25.49
19.82 21.64
17.95 -
24.98 25.90


1,143
$1Wx""


- -KIN'gAE









WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJ O CENTERS
S Cattle Calves : Hg~s : Sheep
City or Area : Feb.27 T Fe.28 : Feb.27 T FeE.8B :Fe727 i Feb.28 : Feb.27
1960 : 1959 : 1960 s 1959 : 1960 t 1959 : 1960


Boston, New York City Area...
Baltimore, Philadelphia......
Cin.,Cleve.,Detroit,Indple...
Chicago Area.................
St. Paul-Wisc. Areas.........
St. Louis Area...............
Sioux City-So. Dakota Area...
Omaha Area...................
Kansas City...............
Iowa So. Minnesota.........
Lou1l.Evan,1.Nash 1.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......................


11,229
7,046
17,429
15,961
26,564
10,085
19,487
52,575
12,741
28,569
5,831
6,584
17,045
8,178
16,474
25,126
6,016


10,055
6,104
14,887
19,165
24,595
8,374
16,747
27,518
9,544
28,257
6,192
5,428
15,448
6,885
15,277
17,969
4,955


264,558 237,174


Accumulation to date....... 2,426,858
2,172,462


9,795
2,102
4,415
7,664
22,596
1,192

131

9,572
5,874
2,545
909
2,591
175
1,575
214

68,748
559,947
5


9,844
670
4,852
7,059
25,855
1,854

169

9,490
5,618
5,050
1,270
5,544
277
1,470
229


45,015
26,624
157,848
50,447
126,702
75,215
87,576
72,769
56,796
279,103
61,780
50,551
40,555
16,915
17,282
22,277
15,619


47,165
29,258
129,070
52,894
155,018
88,597
88,567
89,565
55,672
517,150
65,625
29,004
42,487
22,779
12,570
22,881
15,772


55,54
4,59
15,50
4,42
14,23
4,42
15,01
14,31

50,56


6,89
10,78
27,56
25,65
2,84


71,051 1,122,852 l,o21,670 211,941


10,441,877
568,050 ]


L0,009,186


221,155


2,044,882
2,052,212


ESTIMATED FEDERALLY INSPECTED SLADUHTR AND MEAT PRODUCTION
: por b -
Beef Veal Total
Week ended: :(excl. lard) : and mutton
Week ended mx:: T N= : T.5: ::NJm--S meat
Sbe : r er PI Pr' ber Prod*: ber Prod. prod.
1,000 mil.. b. 10 mi b 1,000 mil.lb. 1000 mil.lb. il.b.
Feb. 27, 1960................ 515 189.5 95 10.7 1,280 170.8 250 11.7 382.5
Feb. 20, 1960............ 355 213.4 92 10.3 1,450 195.2 260 13.5 452.2
Feb. 13, 1960 /............. 548 -- 89 -- 1,384 -- 254
Feb. 28, 1959 1/......*...... 286 175.2 97 11.1 1,394 187.7 262 13.5 385.5


Percentage change from:
Feb. 20, 1960.................
Feb. 28, 1959...............


-11 5
9 -2


-12 -12 -12 -12
- 8 9 -12 -13


I' Average weight_ Tib.Tl :
Week ended Cattle Calves : Hogs / Sheep :
: : : and lambs :
: Lve :TDressed : Llve:DresseT i iveeTDFeised-:Lrve : Dres e- :


Lard
yield
per
100 lb.


Feb. 27, 1960.. .............. 1055 601 200 113 250 133 105 51
Feb. 20, 1960................ 1055 601 200 112 254 135 105 51
Feb. 13, 1960................ 1060 604 200 112 231 133 105 51
Feb. 28, 1959................ 1064 606 200 114 232 135 105 52 13.9
I/ Actual slaughter. 2/ Excludes lard.
-- ----------------------------- -----------------------------------------

ACTUAL FEDERALLY INSPECTED SLAUGHTER AND REVISED ESTIMATE OF MEAT PRODUCTION
BY WEEKS, JANUARY 1960
: Cattle : Calves : Hogs : eep andi lambs :Toal: Lard
-Total' -
Week Av. Av Av. meat:Yield*
ende : dr Prod dr. Prod. N 'w. Prod. m- dr. Prod. prod r Prod.
ended : ber : : :ber : : ber : : : ber : .: r.
: : : : : :: : : : *:
1960 -llb."al--l-- b.OO --b- -I .--- 1m b--. ----------- -m-l-b
1960 1000 lb. mil.1b.l1O00 lb. mnl.b. 000 lb. mil.lb. 1,000 lb. mil.1b.mil.1b. lb. mil.1b.


Jan. 9 595 605
16 408 608
25 584 614
0 353 608
I/ Excludes lard.


241.5 115 115
248.1 108 115
255.8 89 115
214.7 97 115


13.2 1,740 136 237.2
12.4 1,706 136 232.5
10.2 1,528 155 206.8
11.2 1 440 136 196.3


339
523
290
272


50
50
50
50


16.8
16.0
14.6
13.7


508.5 13.1
509.0 13.9
467.4 14.1
435.9 14.1


54.3
56.0
50.3
47.7


Total
lard
prod.
mil.Ib.


43.2
44.9


and lambs
: Feb.28
: 1959
5 55,257
8 5,023
7 13,916
8 4,259
1 14,594
5 5,819
1 20,258
.5 15,098

17 28,244


0 8,645
S0 11,089
17 53,622
i8 25,176
1~ 4,155






168


Classification


Steers -
Prime 900-1UOO#
1100-1500
Choice 900-1100
1100-1300
Good 900-1100
Standard All wts.


Heifers -
Choice*
Good*H*
Standard


700-900#
600-800
- 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


CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
- -- ---. ------------ ----^---- ------------____---- : -- JQ^-- -
:: North
: Chicago : Kansas City Omaha Denver : Portland
=I Portland.
Feb. Feb. Feb. Feb. Feb. Feb. Feb. F Feb. Feb.. Feb.
27 28 27 : 28 27 28 : 27 28 27 28
1960 1959 1960 1959 1960 1959 1960 1959 :1960 1959
Slaughter cattle, calves and vealers


28.98
29.28
27.68
27.35
24.92
21.75


26.95

20.75


16.52
15.95
15.45)
13.78)


30.78
51.05
28.70
28.52
26.08
24.28


27.65
25.40
22.95


19.80
18.40
16.70


26.68
26.55
24.52
21.48


26.10
24.08
21.05


17.30
16.30
15.30)
13.82)


27.75
27.25
25.55
22.95


27.50
24,85
22.25


19.52
17.95
15.65


28.32
28.10
27.00
26.68
23.92
20.55


26.52
23.72
20.05


16.68
15.82
14.65)
13.68)


29.92
29.88
28.05
27.78
25.15
22.92


27.45
24.60
22.08


18.78
17.65
15.75


21.65 24.05 19.00 22.65 19.25 22.52
20.70 22.55 18.75 21.85 18.50 21.25


31.50
30.00
26.00


52.60
28.50


26.25
23.75
20.50


29.00
26.25
22.50


26.50
24.75
25.00


52.40
50.20
27.50


26.00
23.75
20.75


26.58
26.32
23.35
19.50


26.12
23.12
19.50


18.12
16.88
15.25)
14.25)


--

27.15
26.90
24.72
21.42


26.48
24.25
21.25


20.50
19.25
17.00


-- 22.50
20.00 25.00


26.75
26.38
24.75
22.25


24.50
23.00
20.75


18.25
16.75
14.00)
11.50)


--

27.25
27.12
26.58
24.75


-m
25.62
24.58


20.50
18.75
16.00


20.75 22.75
21.25 24.00


28.50
25.75
22.50


32.12
29.62
25.00


51.50
28.50
26.00


27.50
25.00


55.00
52.00
27.50


Steers -
Choice
Good
Medium

Heifers -
Choice
Med. & G


Feeder and stocker cattle and calves


500-800#
500-800
500-1000


27.75
25.50
22.25


500-750#
i. 500-750


30.92
27.62
24.90


27.75
25.25
21.25


50.75
26.75
24,00


-- -- 24.25 27.50
-- 20.25 24.00


27.00
24.25
20.25


50.75
26.62
23.62


24.50 27.75
21.50 25.75


26.00
24.00
21.00


50.00
27.00
23.50


24.00 26.25
21.50 24.00


25.25
23.50
20.50


28.75
26.75
25.75


23.75 27.25
20.50 24.25


Cows All wts. -
Med. & Gd.

Calves 500-500# -
Steers -
Good & Choice


Heifers -
Good & Choice


- -- 16.25 19.25 14.25 19.75


- 30.50 55.50


30.00 34.50


- 27.00 30.75 27.00 52.25


16.00 19.25 15.75


30.00 56.00 28.00 51.00


27.62 52.75 25.75 28.50


*Weight range 600-800# in 1959.
** 700-900# "









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170


HOGS: AVERAGE COST. WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
---------..------.... --,........... r........................ -........ ..............
Louis Kan- S. S. 8-
Chi- Natl. sas Omaha Sioux St. St. Indian- mkts.
Week ended cago Stock City a City Joseph Paul apolis com.
Yards bined
------J I----------------- ---------
AVERAGE COST .Dollars per 100pounds
Barrows Feb. 27,196015.99 14.07 14.54 14.26 14.12 14.27 13.65 14.16 14.05
and Feb. 20,1960 15.50 15.52 15.63 15.69 15.61 15.67 15.35 13.62 15.56
gilts Feb. 28,1959 15.21 15.57 15.47 15.56 15.08 15.53 15.01 15.52 15.26
---------------------------------------------- ------------ t----
Feb. 27,1960 11.71 12.57 12.59 12.68 12.61 12.61 12.16 11.89 12.29
Sows Feb. 20,1960 11.51 11.90 12.11 12.18 12.08 11.96 11.76 11.59 11.86
Feb. 28,1959 15.10 13.60 15.84 15.52 15.66 15.80 15.26 15.12 15.45
AVERAGE WEIGHTI --'-''--''' Pound' ------
Barrows Feb. 27,1960 250 215 225 235 259 225 228 223 226
and Feb. 20,1960 254 216 225 237 240 224 250 225 228
gilts Feb. 28,1959 252 217 228 259 245 227 229 220 229
Fj-- --------------------------- -------3------------------------------
Feb. 27,1960 445 396 425 431 457 594 418 440 424
Sows Feb. 20,1960 454 402 421 456 442 406 421 414 426
Feb. 28,1959 455 408 425 426 424 599 412 448 422
NUMBER OF HEAD -
Barrows Feb. 27,1960 24526 49971 11970 34037 29428 21584 49545 51486 252545
and Feb. 20,1960 28770 55185 12530 56985 27919 22425 40562 31029 255199
gilts Feb. 28,1959 56030 55400 13942 6619 36597 25254 557835 41364 296989
Feb. 27,1960 2584 3066 767 3527 2252 1500 2691 2455 18640
Sow* Feb. 20,1960 3602 3908 785 4088 1929 1844 2243 2749 21146
Feb, 281959 5748 3598 885 4056 2968 1682 3805 2151 22851
.... ---i ~ -------- ---- ---- ----------------------- .
SOWS Percntae of total
Feb. 27,1960 10 6 6 9 7 6 5 7 7
Feb. 20,1960 11 7 6 10 6 8 5 8 8
.. Feb 28 1959 9 6 5 10 8 7 7 5 7
-.---.------------------------.. --...5---------- ----- --- -- ---- ----- ---- .------ -------------
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG. COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
------------ --------------- -- -------------------- rcFi-q;a-i-----
Hog products / Hog prices / r argsn
...................--- ---- -----pod ~ s 1/. io. g --Po .--2---------.--- Wrm ~~gn ......
Feb. 27,1960 $16.16 $14.45 $1.71
Feb. 20,1960 15.64 13.84 1.80
.F eb .2.8,1.95.9 .......... 17, ..X7.............. ........ A a..........
1/ Value of all edible products, fresh basis (lard r-ndered) 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.
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 : No. 3, yellow price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
Feb. 27,1960 13.99 110.8 12.6
Feb. 20,1960 13.50 111.7 12.1
Feb. 28,1959 15.21 117.4 13.0
~ Is "npe av-erige prTce -






171


BOSTON WOOL MARKET REVIEW


Trading was very slow on greasy
domestic worsted wools in the Boston mar-
ket. Prices on all classes of wool were
weak. Trade in woolen wools and noils was
limited as prices held about steady. Ac-
tivity in the territory States and in Texas
was very dull with some shearing in various
parts of the Rocky Mountain areas. Shearing
is expected to commence in Texas around
March 1. Shearing in most of the fleece
wool States has been held back by adverse
weather conditions.
Midweek cables from the Dominion mar-
kets showed Australian prices uneven with
China, Japan and Eastern Europe competing
under general competition. Prices were
declining at the New Zealand auctions with
Continental buyers the chief operators and
Bradford buying moderately. Large French
houses dominated in South Africa with
Japan and the Continent showing good compe-
tition with prices slightly easier. The
South American markets were slow with
prices about 10 lower for the week.
Fleece Wools Graded 56/58s staple
and good French combing fleece wool sold
at $1.05 clean basis for June delivery.
Small quantities of medium grade fleece
wools sold in the country around 50# grease
basis to the growers.
Territory Wbols Trade in territory
wools was very slow.
Texas Wools Good 12 months Texas
wool in original bags was estimated around
$1.20 clean basis, while average style
wools were estimated around $1.17-1.18
clean basis, delivered Boston.
Mohair Practically all mohair shear-
ing in Texas was curtailed due to very cold
weather. Sales of mohair were restricted.
Foreign bWols Prices at all foreign
wool markets continued rather weak. Comb-
ing wools converted to clean U. S. oil-
combed yields and short wools to scouring
yields in bond, as follows:


Australia
Oil-combed


61B -
62B -
65B -
77B -
78B -
79B -
422 -
423 -
424 -


$1.17
1.12
1.07
1.16
1.11
1.05
1.07
1.04
.97


New Zealand
Oil-combed
93 $.87
834 .85
100 .85
107 .82
114 .81
128 .81


South Africa
Oil-combed Scoured Yields
7 $1.10 22 $1.01
12 1.07 27 1.00
17 1.06 32 .97
47 1.07
48 1.05
52 1.04
53 1.01
Carpet Wools Trade in carpet
wools continued slow. Greasy Buenos
Aires 5s fleeces were priced around
81# while November second clips were
offered around 80# and March wools
around 77-78# clean fibers present for
shipment. New Zealand carpet fleeces
were priced at 80-810 and crutchings
around 760. Approximately 4,500 bales
of India and about 1,500 bales of
Afghanistan carpet wools were offered
at the Liverpool Auction on February 23.
Prices were uneven and par to five per-
cent lower.

Woolen bools Sales follow:
Scoured Pulled Domestic


64s 11-2 It. stain
58/60s 2-3" yel. "
58/60s 2-5" It. stain


$1.25
1.12
1.05


Scoured Shorn Domestic


Tex. 12 mos. good color
Tex. fall good color
Calif. med. lambs 1-1"
good color
46/50s 3-4" good color


$1.22
1.00

.90
1.05


Scoured Pulled Foreign
Aust. 58s 1-2" choice white $1.15
Scoured Shorn Foreign
N. Z. 50/56s lambs av. 2" Choice
white $1.12
Noils Clear Aust. 70s nobles 900,
av. to gd. Aust. 64s nobles 850, Aust.
64/70s French 774.

CLOSING FUTURES QUOTATIONS Feb. 25,
1960 (Furnished by the Wool Assoc. of
the N. Y. Cotton Exchange)
March wool tops $1.475
March wool 1.210
May wool tops 1.503
May wool 1.200






172


WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEWS

EASTERN SEABOARD Active trading, fairly
broad demand, good clearance and steady to
higher prices, sums up the meat picture for
the post-holiday shortened business week. Sup-
plies of railstocks at New York were curtailed
in addition to a normal cut-back, created
through suspension of operations for the holi-
day, and the larger reduction affecting steer
beef, but pork receipts moderate. Supplies
of beef, lamb and veal were below normal at
Philadelphia, and pork limited, while above
normal volume of steer beef was on offer at
Washington where some beef loins were carried
over. Receipts at other markets were about
normal. Outlet was fairly well balanced for
carcasses and cuts of all classes, and virtu-
ally all interests were active at wholesale
markets this week. The greater portion cow
beef, lamb and pork loins sold higher at East-
ern Seaboard markets, and the general market
tone for all meats indicated strength at the
close as sellers attempted to maintain an
upward swing in line with similar action for
replacements.
Compared with the previous week: Steer
beef sold steady to $1.50 higher, with some
advance recorded at all markets, and the full
upturn on Choice at New York. Cow beef prices
advanced 50#-$2.00; veal sold steady to $3.00
higher, bulk sales strong to mostly $1.00 high-
er, and prices for calf at New York held
strong to $1.00 higher. Lamb prices were
mostly $1.00-2.00 higher at the close, few
early sales at Baltimore steady. The close for
pork loins indicated upturns of $1.00-4.00, the
bulk late $2.00-4.00 up. The trend for other
pork cuts was steady to $2.00 higher. Kosher
dressed steer beef sold fully $2.00-3.00
higher; kosher lamb around $3.00 up, while
prices for kosher veal and calf were fully
steady to strong.

CHICAGO Fresh meat supplies were re-
duced this week due mainly to suspended slaugh-
tering activity in most plants on Monday. Beef
and lamb offerings mostly moderate, veal and
fresh pork rather small. Upturns were recorded
all fresh meats except veal which held steady.
Higher trends on livestock and reduced receipts
at major terminals proved bullish in the
dressed trade. Demand for carcass beef was
moderate as bulk of this division sold as pri-
mal cuts. Outlet was good for arm and square-
cut chucks, loins and ribs with upturns of
$2.00-4o00 recorded on loins. Rounds were
somewhat draggy but cleared mostly at steady
rates. Veal trade continued dull, prices little
changed here in the past month. Lamb generally
moderately active, prices advancing for third
consecutive week, current levels highest in


four months. Fresh pork cuts moved well,
particularly loins which sold higher than any-
time since early November 1959.
Compared to the previous Friday: Steer
and heifer beef 504-$1.50, mostly $1.00-1.50
higher with Choice 700-900# steer and Good
steer carcasses at the full advance; cow
beef $1.00-1.50 higher; veal unchanged; lamb
$1.50-2.00 higher; pork loins 8-16# $1.00-
2.00 up; Boston butts 4-8# steady; spare-
ribs 5# and down steady to 50# higher.

PACIFIC COAST Steer beef supplies were
moderate for a rather slow movement, however,
Choice under 600# still limited in Los Angeles.
Cow beef volume was moderate to small with
trading fairly active. Calf carcasses under
200# were limited, but 200-300# offerings
were fully adequate for a fair demand. Lamb
was moderate to small with Choice the most
limited. Fresh pork loins were somewhat
limited, other fresh and cured pork cuts
were fully adequate for a rather slow trade.
Prices compared with the previous week' s
close: Steer and cow beef mostly steady, in-
stances $1.00 higher; calf and veal mostly
steady; lamb steady to $2.00 higher; fresh
pork loins $2.00-3.00 higher; other fresh
pork steady to $2.00 higher; smoked meats and
lard mostly steady except for smoked skinned
hams $1.00-2.00 higher at Los Angeles.

CARLOT NEAT TRADE REVIEWS

Supplies were below normal at most car-
lot meat trading centers due largely to the
non-slaughtering holiday Monday February 22.
Trading was rather slow at most points early
in the week but became active when outlet
broadened Wednesday and substantial price
upturns were recorded for the week.
At New York Choice steer carcasses
weighing below 700# sold strong to 500 higher
with 700-900# carcasses 75#-$1.50 up and
Good carcasses all weights advanced $1.00-
1.50. At Chicago steer and heifer beef
closed 50f-$1.50 higher, largely $1.00-1.50
up with the full advance on Good steer beef.
Most steer beef sold $1.00-1.50 higher at
Omaha, instances $2.00 up on Good while most
heifer beef advanced 50#. At Denver steer
beef sold 504-$2.00 higher with the greatest
advance on carcasses 800# and up; heifer beef
there closed steady to 50f higher. Choice
steer beef sold $1.00 higher at Philadelphia
with Good $1.50-2.00 higher. Cow beef sold
50#-$1.50 higher. Lamb carcasses closed 500-
$2.00 higher with a large share $1.00-2.00
up. Pork loins closed $1.00-2.00 higher at
Chicago, $2.00-3.00 higher at Omaha and $5.50-
4.00 up at Philadelphia.






173


OLESALE 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 :
: Feb.27 :Feb.28 : Feb.27 : Feb.28 : Feb.27 : Feb.28 Feb.27 T Feb.28
: 1960 : 1959 : 1960 : 1959 : 1960 : 1959 : 1960 t 1959


Steer beef -
Prime
Choice

Good

Heifer beef -
Choice

Good
Veal -
Prime
Choice
Good


700-800#
600-700
700-800
500-600
600-700

500-600#
600-700
500-600

90-120#
90-120
90-120


Lamb -
Prime 45-55#
Choice 45-55
Fresh pork -
Loins 8-142
Butts 4-8
Spareribs 3# down
Cured pork -
Hams, snk. skd. -(Cook
before eating) 12-16#
Bacon, smoked, sliced -
1# package (box lots)
Picnics, smoked (Cook
before eating) 4-8#
Lard, 1# carton


48.00
46.75
45.25
43.44
43.94


64.20
53.50
48.00


49.75
47.75
46.56
44.50
45.00


64.00
54.00
51.00


44.00 42.75
43.00 41.19


43.75
33.50
39.00


42.12
35.50
41.00


45.25
43.58
41.58
41.58

44.33
43.75
40.67

58.50
53.50
50.00


46.17
44.33
42.67
42.67


57.50
51.67
49.67


-- 39.85
42.08 38.67


40.17
29.50
35.50


39.67
31.75
36.50


44.00
42.17
43.50
41.50

43.50
42.50




55.00
m--


44.50
42.50
44.50
45.00


--
43.25
41.25
42.00
40.00

42.83
41.33
41.00


45.75
42.25
43.00
41.00


57.00


-- 43.00 40.67
44.00 40.50 43.00 40.67


45.00
36.00
41.00


44.00
40.00
45.00


42.50
34.50
38.83


40.83
36.67
39.33


41.00 47.50 47.50 52.00 50.00 54.00 46.17 49.50


37.50 45.00 43.00 48.25 43.00 49.00 43.00


50.00


29.50 32.25 32.00 35.00 30.00 33.50 30.00 36.00
11.88 14.25 12.00 13.50 15.50 17.00 14.25 15.25


BULK PRICES CABLOT BASIS WEEK ENDED FEB. 26, 1960
rPie +- : Frlcces~Wde-1vri q
Classification Pie --a Fcao-e -I -w-rk T l d- -1
-- -....: -ever : ---- --w- r --ipra


Steer beef -
Choice


Good


Heifer beef -


Choice 500-600#
600-700
Good 500-600
600-700
Cow beef All weights -
Utility
Canner and Cutter


Choice


Fresh pork -
Loins


43.50-44.50
42.50-43.50
41.00-42.00
40.00-41.00
40.00-41.00
39.50-40.50

43.00-43.50
42.00-43.00
39.00-39.50
39.00-39.50

30.50-31.50
31.50-32.00




42.00-42.50
41.00-42.00
39.00-40.00


42.50-43.50
41.50-42.00
40.50-41.00

41.25


41.75-43.50
41.00-41.50
38.00-40.75

30.50-31.00





39.50
37.00-38.50
35.50-37.50


8-12# 38.50-39.00


43.25-43.75
42.25
40.50-40.75

39.50-40.25
39.25-40.00

42.00-42.50
41.50
38.00-38.50
38.00

29.50-30.50
30.50-31.00


m--
40.25-41.75
38.75-39.25
37.25

38.50-39.00


46.00-46.50
44.50-45.25
43.00-43.50
43.00-43.50
42.50-43.50
42.00-43.00


46.00-46.50
44.50-45.00
42.50-43.00

42.00-43.50
41.00-43.00


44.50-46.00


32.50-33.50
33.00-34.00


43.00-45.00
41.50-42.50
39.50-42.00


42.00-43.00
41.00-42.00
39.50-41.00


40.00-41.50 39.50-41.00
--------------


600-700#
700-800
800-900
500-600
600-700
700-800


Lamb -
Prime


55-45#
45-55
55-65
35-45
45-55
55-65






174



MOHAIR PRODUCTION AND VALUE 1959


Mohair production in the 7 leading
according to the Crop Reporting Board.
the 20,855,000 pounds produced in 1958
average of 14,883,000 pounds.


States in 1959 totaled 24,180,000 pounds,
The 1959 clip was 16 percent larger than
mnd 62 percent larger than the 10-year


Texas, the leading mohair producing State, accounted for most of the increase.
The increase in mohair in Texas and Missouri resulted from clipping a larger
number of goats and a higher average weight of hair per goat clipped. Production
in New Mexico and Arizona was slightly higher than a year earlier, due to a small
increase in average weight of hair clipped per goat. Mohair production in Utah
was above a year earlier due to a larger number of goats clipped. In Oregon and
California it was below a year earlier due to a slight reduction in number of
goats clipped.

The number of goats and kids clipped in the 7 principal States in 1959 was
3,776,000 head--up 10 percent from the 3,437,000 head clipped in 1958. The average
weight of hair per goat and kid clipped was 6.4 pounds--the highest of record and
compares with 6.1 pounds in 1958 and the 10-year average of 5.4 pounds.

Value of mohair produced in 1959 amounted to $22,859,000--an increase of 52 percent
from 1958. The average price received by growers for mohair from April 1959
through January 1960 was 94.5 cents. The average price received for mohair in
1958 was 72.1 cents per pound and the 10-year average was 79.2 cents.

MOHAIR PRODUCTION AND VALUE 1958 AND 1959


: ;"GaTs
State clied

: 1,000
t head
Mo ..... 53
bexas..: 3,247
N,Mex.. 48
Ariz...: 57
Utah... 3
Oreg...: 21
Calif..: 8
Ibtal,.: 3,437
1948- :
57 Avt 2 736


?Avoli TPFioe : : tGWaT3s
Produo-*
t per :tion : per :Value :olipped
: goat : :lb. : : I/
1,000 1,000 1,000
Pounds pounds Cents dollars head


--------- -- -- --"- -
TA7.oTip:. rTcs
Sper :Pro : per : Value
: goat : :lb. 3/:
1,000 1,000
Pounds pounds Cents dollars


2.9 154 44 68 54 3.1 167 94 157
6.2 20,207 73 14,751 3,586 6,6 23,512 95 22,336
4.1 195 46 90 48 4.2 202 84 170
3.0 172 39 67 57 3.1 176 63 111
3.7 11 42 5 4 3.2 13 60 8
4.0 84 48 40 20 4.1 82 72 59
4.0 32 58 19 7 4.0 28 65 18

61 20 ,855 72.1 15,040 3,776 6 .4 24,180 94.5 -22,859 -
5.4 14,883 79,2 11,726


In States where goats are clipped twice a year the number clipped is the sum of goats and kids clipped in the
spring and kids clipped in the fall.
For each State the average price is a weighted average for all mohair sold during the marketing season April
1958 through March 1959. The U. S. average price is computed by weighting State prices by production of
mohair. The U. S. average price weighted by sales in the 1958 marketing year was 72.3 cents.
For each State the average price is a weighted average for mohair sold Apnl 1959 through January 1960. The
U. S. average price is computed by weighting State prices by production of mohair.





175


WOOL PRODUCTION AND VALUE, 1959



Wool production, shorn and pulled totaled 292 million pounds grease basis
in 1959, according to the Crop Reporting Board. This was 7 percent above the
1958 production of 272 million pounds and 9 percent above the 10-year average
production of 267 million pounds. Shorn wool production, at 257 million pounds,
was 7 percent above the 241 million pounds produced in 1958 and 12 percent above
the average production of 230 million pounds. Pulled wool production in 1959
totaled 34. 5 million pounds compared with 30.4 million pounds in 1958 and the
10-year average of 37. 6 million pounds.

The number of sheep and lambs shorn in 1959 totaled 31 million head--4
percent more than the 29. 6 million head shorn in 1958 and 12 percent more than
the 10-year average. The weight per fleece was 8.31 pounds compared with 8. 14
pounds in 1958 and the record high of 8.55 pounds in 1955.

Pulled wool production in 1959 increased 13 percent from 1958. Commer-
cial slaughter of sheep and lambs during 1959 was 9 percent above 1958. The
average weight of wool pulled per skin was 3.33 pounds compared with 3.32 in
1958.

The average price received by growers for shorn wool from April 1959
through January 1960 was 42. 8 cents per pound. The average value per pound of
wool produced in 1958 was 36.4 and the 10-year average was 56.0 cents. Value
of shorn wool produced in 1959 amounted to $110 million--25 percent above the
$88 million for the 1958 production.
Wool production and value, United States, 1955-59
: Sheep : Weight:hn : Price : : Pulled :Total shorn
Shorn wool
Year :: shorn : per :production: per : Value : wool : and pulled
: I/ : fleece: :pound 2/: : production:wool production
: 1,000 1, 000 1, 000 1,000 1, 000
head Pounds pounds Cents dollars pounds pounds
1948- :
57 av.: 27, 676 8.31 229,921 56.0 128, 582 37, 550 267,471

1955..: 27, 383 8.55 234,058 42.6 99, 813 41, 600 275,658
1956..: 28, 502 8.37 238,569 44.2 105, 544 40, 500 279,069
1957..: 28,531 8.25 235,509 53.4 125,732 33, 600 269,109
1958. : 29, 624 8. 14 241, 272 36.4 87, 720 30,400 271, 672
19593/: 30,955 8.31 257,182 4/42. 8 109,956 34,500 291,682
-----------------------------------------------------------
1/ Includes shearing at commercial feeding yards.
2/ Computed by weighting State average prices for all wool sold during the marketing season, April through March,
by production of shorn wool. The U. S. average, weighted by sales, was 1955, 42. 8 cents per pound; 1956,
44. 3 cents, 1957, 53.7 cents, 1958, 36. 4 cents.
3/ Preliminary.
/ Average price for wool sold April 1959 through January 1960.


y 1960.





176
AVERAGE PRICES RECEIVED BY FARMERS FOR LIVESTOCK, FEED AND WOOL 2/
: Feb. I Jan. Dec. : Feb. : Average
Commodity and unit 15 : 15 : 15 : 15 : Jan. 1947-
S1960 1960 _1959 59 9 _D -2 J949,
Prices received by farmers -
Hogs per 100 lb. Dollars 13.00 12.10 11.20 15.40 21.90
Beef cattle 20.60 20.50 19.50 22.80 20.20
Calves 24.70 24.00 25.10 28.40 22.60
Sheep 5.96 5.74 5.55 7.14 9.15
Lambs 18.60 17.80 16.60 18.10 21.90
Wool&/ per pound .428 .425 .417 .545 .460
Corn per bushel .995 .979 .959 1.04 1.64
Oats .678 .685 .677 .599 .852
Barley .860 .848 .864 .922 1.57
Hay, all baled, per ton" 22.50 22.20 21.90 19.50 22.40
Cottonseed 59.60 59.60 59.10 45.80 71.60
Feb. av.
Hog-corn price ratio 3/ 1949-58
United States Bushel 13.1 12.4 11.7 14.8 14.5
N. Central States 15.6 12.8 11.9 15.2 14.8
Iowa 16.0 14.5 12.9 15.7 -
Index numbers: (Av. Jan. 1910 Dec. 1914 = 100) 1947-49
All farm products 255 251 228 243 271
Feed grains and hay 155 151 149 154 250
Meat animals 286 278 264 522 554
Prices paid by farmers -
All commodities 276 275 275 275 240
i/ Estimates of Crop Reporting Board. 2/ Average local market price for wool
sold; does not include incentive payment to bring season average return to 624 per
pound. 3/ Number of bushels of corn equal in value to 100 pounds of hog, live wt,
-- --EFFECTIVE PARITY PRICES FOR LIVESTOCK, FEED AND WOOL -
: Adjusted : Effective parity prices 5/
Commodity and unit : base 2/: based on data for
- --- --------- -- r- prices L Feb._1960 Jsan.196Dl 1 Eeb._1959
Hogs per 100 lb. Dollars 7.14 21.50 21.50 21.60
Beef cattle 7.92 25.70 25.70 25.10
Calves 8.75 26.20 26.20 25.40
Lambs t" 8.55 25.60 25.60 25.60
Wool per pound 4y .248 .742 .742 .719
Corn per bushel .545 1.65 1.65 5 1.69
Oats .281 .840 .840 .855
Barley .424 1.27 1.27 1.28
Cottonseed per ton 4/ 22.40 67.00 67.00 66.80
1/ Parity prices are computed under the provisions of Title III, Subtitle A,
SeCtion 301 (a) of the Agricultural Adjustment Act of 1958 as amended by the Agri-
cultural Acts of 1948, 1949, 1954, and 1956. 2/ Adjusted base price 1910-14
derived from 120-month, January 1950-December 1959 average, (including an allowance
where appropriate for unredeemed loans and other supplemental payments resulting
from price support operations) by dividing by 255 percent (the 120-month average of
the Index of Prices Received by Farmers adjusted to include an allowance for utne-
deemed loans and other supplemental payments) unless otherwise noted. 5/ Effective
parity prices as computed currently using base prices in effect and indexes for
months indicated. These parity prices are the legally applicable parity prices for
the following calendar month. 4/ Adjusted base price 1910-14 derived from 10
season average prices 1950-59 (including an allowance, where appropriate, for un-
redeemed loans and other supplemental payments resulting from price support opera-
tions.) 5/ Transitional parity, basic commodities 80 percent and nonbasic commodi-
ties 45 percent (85 and 50 percent respectively during 1959) of parity price computed
under formula in use prior to January 1, 1950.







177


SHEEP AND IAMBS:


Classification


SLAUGHTER
Choice

Good


Chicago
s :


WEEKLY AVERAGE OF DAILY QUOTATIONS


In dollars per 100 pounds
~--- --------------- -------- --


Omaha Kansas : Fort
t City : Worth :


St t :
IAMBS: (Wooled) All wts.
Feb. 27, 1960 21.42 21.02 20.40 18.88
Feb. 28, 1959 19.48 18.75 18.88 17.95
Feb. 27, 1960 20.75 20.15 19.32 18.38
Feb. 28, 1959 19.18 18.00 18.10 17.40


EWES (Wooled) All vts.
Good and Feb. 27, 1960 7.25 6.25 6.50
Choice Feb. 28, 1959 7.25 8.12 6.88 -


Cull and Feb. 27, 1960
Utility Feb. 28, 1959


6.38
6.50


4.75 5.25 7.25*
6.25 5.12 -


: : North
Denver Ogden : Port-
Sland


20.82 20.25
18.78 17.75


20.12
17.82


7.00
8.25


5.38
6.25


21.22
18.38*


19.25 20.50
17.12 17.50*


5.75
6.75

4.00
4.25


7.75
8.25

5.75
5.50


FEEDER LAMBS All wts.
Good and Feb. 27, 1960 19.25 18.00
Choice Feb. 28, 1959 19.62 17.15
Shorn basis.


19.82
19.02


-- 18.25
-- 16.00


CLASSIFICATION OF LIVESTOCK SLAUGHTERED UNDER FEDERAL INSPECTION I/


S------------ meF TOO'-iifted WT
an. ": bec7. : Jan. ,
: 1960 : 1959 : 1959 :


Cattle:
Steers .................
Heifers .............
Cows ...................
Bulls and Stags ........
Total 2/ .............
Canneri & Cutters 3/ ...


Hogs:
SOWs ... ****............
Barrows and Gilts ......
Stags and Boars ........
Total 2/ ...............
Sheep and Lambs:
Lambs & Yearlings ......
Sheep ......... ....
Total 2/ ...............

I/ Based on reports f
3/ Included in cattle


871
529
547
17
1,564
149

584
6,112
20
6,516


1,208
28
1,256

rom packers.
classification.


840
555
560
17
1,552
165

550
6,411
28
6,969

1,142
40
1,182


808
261
356
16
1,441
166

541
5,552
12
5,885

1,289
55
1,322


7Jan7 .
1960

55.7
21.0
22.2
1.1
100.0
9.5

5.9
95.8
.5
100.0

97.7
2.5
100.0


Percent
- ec.- :
1959 :

54.1
21.6
23.2
1.1
100.0
10.5

7.6
92.0
.4
100.0

96.6
5.4
100.0


2/ Totals based on rounded numbers.


FERCPRTAIE DISTRIBIPTI, Br LASSES, OF CATTLE SLAUGHTERED UNDER FEDERAL INSPECTION
- -_ _-_ -- ----- ^ -- -~* -' --{* 'Cahi-efsIgc
Blls and es
: Steers : Heifers : Cows : Bulls Cutters,
Region : : : Stags : all classes
J january : ~January : January Janary January
965 Y :0i6 ~:l15T: .90- : 195.:": T19:5VT9 9 T -I T 95T'
------------------------------------------------------
Pct. Pct. Pct. Pct. Pet. Pct. Pet. Pet. Pct. Pct.
N. Atlantic States... 74.2 58.3 1.5 2.1 23.6 58.0 .9 1.6 10.7 23.0
S. Atlantic States... 54.1 58.6 8.5 9.0 35.9 31.2 1.5 1.2 18.6 20.0
N.C. States-Eastern.. 57.4 56.3 12.0 11.2 28.9 31.3 1.7 1.2 13.6 16.0
N.C. States-N.Western 51.6 55.6 24.7 20.7 22.6 22.7 1.1 1.0 8.2 7.0
N.C. States-S.Western 63.9 65.1 18.2 16.4 17.6 18.5 .3 .2 6.0 7.0
S. Central States.... 50.6 41.8 18.1 5.8 29.7 50.2 1.6 2.2 17.4 27.6
Mountain States...... 40.8 41.3 46.0 48.4 12.6 9.2 .6 1.1 3.0 3.0
Pacific States....... 64.0 66.8 18.8 14.4 15.5 17.0 1.7 1.8 5.6 3.4


"Jan. -
1959

56.1
18.1
24.7
1.1
100.0
11.5

5.8
94.0
.2
100.0

97.5
2.5
100.0












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179


UNITED STATES FEDERALLY INSPECTED SLAUGHTER AND "EAT PRODUCTION
------------------ --------- -- -
Ja r Percentage
Jan-ary January 1960 of
: 1960 1959 Jan. T _5-yr.
: 3 1959 : Jan. av.


------------------------------
Number slaughtered under Federal inspection: (thousands of
Cattle.......... 1,564 1,441
Calves.......... 413 424
Hogs............ 6,516 5,885
Sheep & lambs... 1,257 1,522
Average live weight: (pounds)
Cattle.......... 1,065.5 1,072.8
Calves.......... 202.9 197.2
Hogs2......,,., 256.2 240.6
Sheep & lambs... 102.5 103.5
Average cost to packers: (dollars per 100 pounds)
Cattle......... 22.14 24.35
Calves.......... 24.14 26.953
Hogs............ 12.39 16.76
Sheep & lambs... 18.30 18.28
Dressings yields: (per 100 pounds live weight)
Cattle.......... 57.4 57.3
Calves........... 57.0 56.4
Hogs 1/......... 76.6 76.9
Sheep7& lambs... 48.9 49.0
Lard per 100#... 13.8 14.2
Lard per animal. 32.5 34.2
Average dressed weight: (pounds)
Cattle.......... 610.4 614.7
Steers 2/....... 669.7 -
Heifers72/...... 556.5 --
Cows 2/........ 527.7 --
Calvre.......... 115.7 111.2
Hog .......... 180.9 185.0
Sheep & lambs... 50.1 50.7
Condemnations: 5/(number of head)
Cattle.......7.. 5,097 4,750
Calves.......... 2,394 2,625
Hogs............ 9,742 8,886
Sheep & lambs... 3,934 3,776
Total dressed weight Excluding condemned: (thousands of p
Beef............ 951,789 882,764
Veal............ 47,548 46,887
Pork(carcass wt.) 1,177,042 1,087,018
Lamb & mutton... 61,755 66,846
Total 4/........ 2,238,133 2,083,514
Pork, excl.lard 886,766 812,884
Lard production 5/ 211,742 200,784
Rendered pork fat 7,737 8,209


------------
head)
109 96
97 74
111 111
94 99


99
103
98
99

91
90
74
100


104
96
99
101

118
124
77
95


)unds)
108
101
108
92
107
109
105
94


105
75
110
101
105
112
102
82


1/ Subtract 7.0 to obtain reported packer style average. 2/Also included with
cattle. 3/ Partly estimated. 4/ Totals based on unrounded numbers. 5/ Includes
rendered pork fat.





180

U. S. Department of Agriculture
Washington 25, D. C.


UNIVERSITY OF FLORIDA

III IIfIIIIIHIMIIHIIHI II
3 1262 08735 7165,
U. S. Department of Agriculture


OFFICIAL BUSINESS

Form AMS-3/1/60
Permit 1001.







University of Florida
Documents Librarian
11-4-59 The University Libraries
LS-CLS Gainesville, Fla.








COMMERCIAL LIVESTOCK SLAUGHTER, UNITED STATES, JANUARY 1959-60 /
COMMERCIAL LIVESTOCK SLAUGHTER, UNITED STATES, JANUARY 1959-60 J


Month


^- -- -^ CRT1---- ------- --- --- -Ci-n-r `-0 -
: Catle: Calves
-- -- --- --eeeeeeeeeeeeeee--------- -* 7 -- Ia =- N
Other Av. Other .
sFederally commer- Total live Federl mr live
: inspected : cia weight inspected cial weight
cil weight cial weight
- -


Thousand head
1,564.4 466.6
1,440.8 474.2


2,031.0
1,915.0


Pounds
1,055
1,058


Thousand head
415.4 255.8 647.2
424.5 251.2 675.5


Pounds
215
205


Hogs Sheep and Lambs
Hogs Sheep and Lamube


1,236.6
1,522.2


159.6
172.4


-- ft
1,576.2
1,494.6


----------------- ------------------------------------------ ---- --- -- -- -
3/ Excludes farm slaughter.
COMMERCIAL MEAT AND IARD PRODUCTION, UNITED STATES, JANUARY 1959-60 I/


Beef Ve
2 0 -


7 1 -n3 T "-t -
al Park 2/ Lard
S P: Mutton : meat
M-i----m -m m m 1m 1m m o an dm m
Million Pounds


- C


Jan. 1960 1,192 78 1-,054 6-8 2,392 240
Jan. 1959 1,127 77 965 75 2,244 228
- f Excludes farm _laugheh. 2/ Exc ludes lar? an renderd-prI Yat. ...-
/ Includes rendered pork fat.


Jan.
Jan.


1960
1959


Jan.
Jan.


1960
1959


6,516.3
5,884.7


1,265.4
1,145.1


7,779.7
7,029.8


234
238


Month
em I m em o


102
105

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