Market news

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

Subjects

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

Notes

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

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004691907
oclc - 29653329
Classification:
ddc - 338.105 UNIL
System ID:
AA00012178:00028

Related Items

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


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7wd LIVESTO CK DIVISION Week




MARKET REVIEWS AND STATISTICS
Vol. 24, No. 5 January 31, 1956
Week ended January 28
Page
Livestock Market Reviews ... .. 84
Livestock Market Receipts . 86
Feeder and Stocker Statistics .' 86
Steer Sale Statistics 87
Estimated Slaughter and Meat Production 88
Slaughter at Major Centers. . 89
Cattle Prices . . 90
Hog Prices ... . 91
Hog Purchase Statistics . 92
Sheep and Lamb Prices .. . 93
Estimated Percentage of Feeder and Stocker Cattle
and Slaughter Cows in Salable Receipts. 93
Wholesale Meat Trade Reviews. 94
Wholesale Meat Prices .. ...... 96
Wool Market Review ......... 97
Special to this issue

Federally Inspected Slaughter and Revised Estimates
of Meat Production, by weeks, December 1955 89
Inspected Stocker and Feeder Shipments from Public
Stockyards, Calendar Year 1955 .. 98
Prices Received by Farmers, January 15, 1956. 99
Effective Parity Prices, January 15, 1956 99
United States Federally Inspected Slaughter and
Meat Production, December and Calendar Year 1955.100
Classification of Livestock Slaughtered in the
United States, December and Calendar Year 1955. .101
Percentage Distribution, by Classes, of Cattle
Slaughtered under Federal Inspection,
December 1955 . .101



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


AI11 -WAl







MIDWEST LIVESTOCK MARKET REVIEW

The outstanding development in the week's livestock trade was the sharpest
price advance on hogs in several years, Receipts were drastically curtailed and
buyers competed very actively for the smaller supply. This urgent demand influ-
enced advances of mostly t2,00-2,75 on butchers, placing prices on the highest
levels since October. Receipts of fed cattle were liberal for this time of year
and slaughter steers and heifers sold unevenly steady to 1l.00 lower. Prices of
cows advanced, influenced by scarcity of supplies. Receipts of slaughter lambs
were fairly large but demand was good and prices advanced 250-1.00 ar more during
the week.
SLAUGHTER CATTLE AND CALVES
Highlighting the week's cattle trade was another liberal run of steers for
this time of year. Good and Choice grades predominated with a large percentage
being weights 1100# up, and with some points receiving the largest numbers of the
season, supplies were more than immediately needed by the trade. Even though daily
runs were more evenly distributed than a week earlier, and despite some strength in
wholesale beef prices, slaughter steers and heifers sold unevenly steady to l.00
lower, declines at a few points being held to 50# or less, Good and Choice steers
over l10# and Commercial to low-Choice new crop steers showed greatest downturns
and prices of these generally settled to new low levels for the season, Cows,
bulls and vealers, stimulated by scarcity, sold steady to higher. Good to Prime
vealers were occasionally $2.00-3.00 higher, but most sales were steady to l.0up.
The percent of Prime steers at Chicago continued unusually high for this time
of year 22.4% compared with 8,8% a year ago but only 2% of the beef steers at
Omaha were Prime, with only 3.64 at Sioux City, while other markets received ex-
tremely few of that grade. The week's average weight of 1165# for beef steers at
Chicago was 71# above a year ago and heaviest*in five years. Average weights at
several other markets for which such data are available were from 35 to 55# above
a year ago, indicating that the long sustained movement of heavy offerings is not
yet over. This overlapping of new'and old crop steers to a greater extent than
usual has been an important influence in the recent severe declines in prices,
particularly on heavy steers as well as Good new. crop offerings.
Choice and Prime steers around 1200# up are now selling from 41.00-3,00 or
more below steers of the same grades under 1100#. At Chicago average to high-Prime
1050-1200# steers cashed at t24,25-24.75, one load t25,00, whereas high-Prime
1370# brought t.23.50, same grade 1555# 422.75, some Prime heavierweights down to
t18.00 and below, High-Good steers under 1000# sold there up to 19,50, while by
contrast Good 1325-1600# with a Choice end brought t16.00-16.75, indicating the
rather sharp discounts for weight. Choice and Prime steers of all weights bulked
at Chicago from $17.50-24,00, mostly t23.50 down late; Good mainly t15.50-17.50; a
few Utility and'Commercial 412.00-15.00.
STOCKER AND FEEDER CATTLE AND CALVES
Receipts of stocker and feeder cattle at terminal markets were below the
seasonally moderate numbers received the previous week and a year ago. Outgo of
stee-lr*om the 10 markets during the week totaled 17,167 compared to 21,664 the
pvpioifyweek and 25,847 a year ago. Overall supplies consisted chiefly of Good to
low-Choice offerings, but scattered shipments of average to high-Choice steers also
were available, including a few loads of Choice lightweight stockers as well as
occasional shipments of highly bred 750-950r feeders. Trading continued somewhat
uneven but for the most part prices varied but little from a steady basis with
demand generally proving adequate to absorb the numbers on offer. Feeder steers in
some instances showed mild weakness in sympathy with fresh downturns in fat cattle
prices and at San Antonio the trend was generally weak to 500 lower. However, in
contrast, at Kansas City all stocker classes moved readily on a strong to 50#





higher basis, even though-feeders on that market found slow outlet and occasionally
showed an easier trend. The continued reliable outlet for stockers, particularly
for steers 600# down, in the face of the still bearish fat cattle market and in
some localities adverse weather conditions, pointed up the growing preference amorg
cattlemen for "little" cattle that can be roughed through the late winter and then
placed on pasture to cheapen original costs with a summer's weight gain on grass.
.t the same time the currently unfavorable price relationship between fats and
feeders influenced most feeder buyers to proceed slo fly in buying feedlot replace-
ments. The average cost of all steers 500# up shipped to the country from Kansas
City during the week was t3.98 under a year ago while the average of all fed steers
on that market during the week was $6-.61 under a year ago. A few loads of Choice
fleshy 750-850# feeders sold from t17,50-18.50 but feeder buyers generally were
reluctant to go above 417,00 on steers over 850#. Meanwhile, a few Choice steer
calves sold upward to 423.00 and a few loads of Choice 500-650# yearling stickers
cashed from $19,50-21.00.
HOGS
Hog prices during the last week of January registered one of the sharpest
advances in several years, sending g-neral levels to the highest point at many mar-
kets since mid-October. The main stimulating influence was an abrupt reduction in
receipts but good demand by both packers and shippers along with generally higher
prices in the wholesale fresh pork trade acted as supporting factors, Barrows and
gilts were $1.75-3.00 higher for the week, mostly t2.00-2.75 higher, and sows were
500-S2.50 higher, mostly t1.50-2.00 up. Prices in many parts of the mid-west were
lifted $2.50-4,50 above the 14-year low recorded during the forepart of December.
The average cost of 413.67 for barrows and gilts at Chicago Friday was t3.27 above
the winter low of 10.40 on December 7, As a result of the small receipts and
urgent demand for current slaughter requirements, buyers were less discriminating
in selecting hogs than in most recent weeks and there was relatively little sorting
for either weight or grade. Nevertheless, some price differential was made on
several days between U. S. No. 1 and 2 grades and the No. 2 and 3 lots of the same
weight. The slower marketing reduced receipts to the smallest volume since the
last week in September and to a level more than a fourth less than the average of
the past 13 weeks. Supplies were smaller than in the corresponding week a year
earlier for the first time since last July, Marketings were again relatively more
liberal in parts of the Eastern and Southern Corn Belt than in other sections
because of an earlier movement of fall farrowed or new crop hogs in the former
areas. Average weights of butchers were considerably lighter than a year ago at
several markets, Sows made up from 4 to 10b of receipts. Stocker and feeder pigs
were strong to t2.00 higher. Good and Choice pigs at South St. Paul and Sioux City
brought $10.50-11,00, some at South St. Paul up to $11,50. A few Good 100-125+ at
Kansas City sold from 09.50-10.00, one small lot of 140# feeders $11.50. At
Memphis a few Good and Choice 90-120# feeder pigs brought t10.00-12,00 late, while
Common and Medium pigs sold during the week from $8.50-10.00.
SHEEP AND LAMBS
Receipts at midwest markets showed little change from the previous week but
were about 20% larger than for the corresponding week a year ago. Trading was
quite active at most points, especially through Lednesday, and lambs closed 250-
41.00 higher, with some at Chicago 41.50 higher. Feeder lambs and sheep sold
steady to 500 up. Although there was generally only a minimum of sorting, lambs
weighing 105-110# and heavier were still discounted up to around $2.00 per cwt. or
more. Most Good to Prime wooled lambs 110 down sold from t17.50-20.00, a few
-oads Choice and Prime 420.25-21.00, most 110-135# wts. cashing from $17.00-19.25.
Good and Choice shorn lambs 109# down with No. 1 and fall shorn pelts sold at
$17.50-19.75, mostly 418.00-19,00, with occasional fresh shorn lambs down to
416.00. Most Cull, to low-Good labs cleared at '12.00-18.00. Cull to Choice
slaughter ewes brought *3.00-7.75, and Medium to Choice feeder lambs earned $14.00-
18,50, a few $18.7Z-19.25. Continued on page 102.





,J WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
---------- ------------------ ------------------ ----------------------------- -------------
Cattle Calves Hogs te-----
................... ....... ','. ^ ........ ..... ...... ....... ....... ..... ,........
... ....- ... .. -..... ... ... .. .. .^..- ... ...- -... .. .. -. -.-. ......
Market Jan.- Jan, Jan Jan J Jan. JJana Jane J: n.
28 29 28 29 28 29 28 25
......1fi6.--.--195&.....195&. 19l.....19fi .. ..1L55...---. JL.95.J.1951..
Chicago ............ 52,841 40,381 1,201 1,081 49,452 53,869 15,258 8,406
Cincinnati.......... 4,002 4,123 1,002 998 19,581 16,065 385 516
Denver ............ 13,431 13,682 403 909 4,279 5,074 22,379 15.629
Fort Worth. ... 7,344 10,293 1,640 2,655 2,269 2,077 15,582 8,426
l dianapolis .-.... 8,864 8,617 915 996 57,261 43,311 6,258 3,54
Kansas City--...--- 26,374 21,587 1,113 1,546 10,822 8,936 6,051 5,83:
Oklahoma City...... 9,810 12,082 518 1,895 2,823 3,013 2,644 2,64C
Omaha ........- 41,330 43,514 710 803 44,592 48,744 15,859 22,605
St. Joseph..----.... 16,947 16,374 762 954 27,378 27,760 5,324 -1,069
St. Louis NSY. ...... 19,633 15,446 3,197 3,631 60,103 47,406 6,150 4, 70C
Sioux City--........ 24,594 24,364 1,C JO 1,036 43,441 45,036 9,241 11,303
S. St. Paul.. ---.... 20,932 20,790 12,178 9,352 68,274 61,138 15,775 13,957

Total----...-------. 246,102 231,253 24,639 25,856 390,275 362,429 120,906 101,62C
" Jan. 21,1956 244,762 29,355 482,613 126,537
INTERIOR IOWA AND SOUTHERN MINNESOTA
Week ended: Hogs Sheep
Jan. 28, 1956 --------------- 340,000 32,700
Jan, 21, 1956 ------------- 415,000 33,000
Jan, 29 1955 ------------- 380,500 34,700
FEEDER AND STOCKER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
-- -.--- .------------. ------.----------- .. .-----------. ., .... .....
Week ended Month
---------------------- -~---------- ----------- n~th~-------- I-- r2m it- '
Jan, 26 Jan. 19 Jan 27 Dec. Dec. Jan. Dec.
1....... 1 ............. ..... ,..1 95...... _95.6._.. ... 19_55_ ..... _1 .56_ ... ... I 5.. 5.........
Steers 1001 up 584 449 446 2,510 2,359 32,767
901-1000 1,453 1,576 2,473 7,296 7,240 86,644
801-900 3,977 4,245 4,079 16,377 16,841 163,061
701-800 3,562 5,092 5,006 18,445 18,036 245,933
501-700 7,591 10,302 13,843 31,876 40,166 583,739


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


1


6, CO W S.
heifers, bulls- 2,999
* Not adjusted for differences in gade
SNot ad lusted {or differences in grade


-7,167 21,664 25,847
729# 711# 699#
516.69 $16.74 $20.23
17.10 16.28 20.03
16.91 16.96 20,89
16.40 16.37 19.58
14.42 15.37 17,44
16.65 16.53 20.36
17,99 18.19 22.39
16.55 15.52 19.05
16.57 16.07 18.27
16.59 16.05 20.46
16.15 16.37 18.14
7,170 12,62f6 12,779


76,504
740#
016,42
16.18
15.89
15.35
14.12
15.32
15.67
15.63
15.30
15.29
15.39
43,440


84,442
722#
A18.38
19.14
19.E3
18.24
16.64
19.08
20.35
17.04
17.05
18.09
17.61
57,838


1,112,144
710#
$18.27
19.28
18.60
18.49
16.58
18.59
19.11
17.81
17.50
17.84
17.45
551,959


3,776 4,336 21,521 27,704 302,539
of cattle sold at euch market.






BEEF STEERS SOLD OUT OF, FIRST HANDS FOR SLAUGHTER
---------------------- ...................... ------ ...... ..... ...... ..... ..... -----------------------
S Percent of Average price
Number of head total e w in dollars
by grades per 100 lb.
-- -------------------------------------------------------------------------------
Grade ( Week ended
.---.--..--- -------...... ---........ -" -- --- .... -.............. r ._...... ------------------- ----..
Jan Jan,. : Jan. Ja
26 19 27 26 1, 27 26 19 27 26 19 27
------------ 561956 19555 319 56 .1995
CHICAGO


Prime
Choice
Good
Co'l.


Utility
All grades

Prime
Choice
Good
Com'I.
Utility
All grades

Prime
Choice
Good
Coa'l.
Utility
All grades

Prime
Choice
Good
Com'I.
Utility
All grades

Prime
Choice
Good
Co,'l.
Utility
All grades

Prime
Choice
Good
Com'l.
Utility
All grades


7871 7439 ;1911 22.4 25.6 8.8 1249 1244 1150 22.10 21.85 32.41
18340 14594 12880 52.2 50.2 58.7 1185 1162' 1157 19.78 19,63 26.87
8161 6322 5992 23,2 21.8 27.3 1064 1056 1013 17,67 17.66 2.,93
641 590 945 1.8 2.0 4,3 926 997 945 15.00 14.69 18.72
142 111 203 .4 .4 ,9 947 908 943 12.87 12.80 15.05
3515 .Z90i, ..2194 .....-................ 116.5.-- 6 .. 1Q A.19,8Q 0. .7A
------------------------ OMAHA I/ .....
362 729 424 2.0 3.9 2.4 1267 1222 1168 21.99 21.73 30.95
11277 10657 82-15 60.4 56.9 46.4 1144 1141 1120 19.50 19.42 25.96
5684 5910 8361 30,5 31.5 47.2 1120 1106 1041 17.10 17.06 22.55
921 1095 553 4.9 5.8 3,1 1057 1046 9523 14,80 14.82 17,49
416 354 152 2.2 1.9 .9 1029 939 930 12.78 12.68 14.53
1.8.660..187A5-.J.7f15. ----------................. .. 14. .07...8.- .3..A.4.
------ -------------------------SOUX ITY --------------
318 308 200 3.6 4.0 2,7 1230 1195 1134 21,80 21.24 30.87
5112 '4514 .3009 58.5 582 .39,6 1178 1149 1119 19.74 19.76 26.05
2774 2403 3958 31,8 31.0 52,1 1093 1087 1080 17.70 17.59 22.80
491 .480 351 5.6 6.2 4.6 1079 1033 1018 14.65 14.74 17.88
40 44 78 ,5 ,6 1.0 940 1096 891 12.02 11.86 14.78
873.5-7.9 ...-7-- 6- .-..- 1146 1....2 Ia2-8.8 i.4,M p.
8 --7- 9--.... .C...... .. .............................1 9 .. ......-..6. $ D .
------------- KANSAS CTY 1/
27 89 54 .3 .9 .8 1024 1203 1114 21,76 80.68 30.95
4491 4326 3521 42.6 42,5 54.1 1142 1163 1134 18,77 18.76 26.10
5274 4814 2758 50.1 47.4 42.4 1073 1056 1082 17.27 16.95 22.31
612 816 163 5.8 8.0 2.5 1072 1003 925 14.97 14.37 18.11
128 120 11 1.2 1.2 *2 961 978 792 13.53 12.60 15*81
10532. 1015-...--6507 ..---.-----........---........-- 0.1 ....n1a8.. 10& 78. i.Za.859.
..ST. LOUIS NSY 1/
----------------.--------. ST. LOUISNSYI/..
37 2 11 .5 .2 .3 1081 1125 1102 22,00 22.49 30.00
1674 1551 818 22.5 23.0 21,9 1067 1081 1060 19.44 19.29 25.93
4725 3784 1876 63.6 56,1 50.1 1030 1041 983 17.17 17.25 22.67.
880 1290 93011.8 19,1 24.8 964 1012 962 14.93 15.29 20.07
117 112 108 1,6 1.6 2.9 887 800 906 13.12 12.82 16.27
?A34,.. 67$.9-..374A --09---------------- --10.... la41---99aJ-LA-1?22. 7'zz..2-2z66.
?.3---67...3 -- -47C................. ............. ..... ..00 ..9 ...4. 1... 128 ..6.
S. ST. JOSEPH 1/
-------------_ _Il--- -- -m- -- -w- -- -- -- -
53 27 52 .7 .4 .9 1050 1068 1111 21.62 21,45 30,09
4144 3860 2289 53.6 52.2 38.0 1134 1109 1111 18.75 18.98 25.46
3200 3100 322941.4 41,9 53.6 1074 1077 1018 16.56 16.26 21.69
270 349 389 3,5 4.7 6.4 1054 1066 991 13,75 14.04 17.39
59 64 65 .8 .8 1,1 930 886 882 12,74 11.99 14.57
7. 22i _--74_00- 24 .-. -- .-- .---.---....---1104.. -- 1091 --151-- -7., .2ia5295.
Coatinued.





%u BEEF STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER
Nubr Percent ol Aerage Average price
*a i Average weight .
Number of hud total (pounds) in dollars
by grades per 100 lb.
Grade ...... ............. ...... .e r. d.......
Grad -.---.- -- -.---.--.,-- eek,.Eadad--------- --7---------
Jano : Jan, Jan. Ja J
26 19 27 26 19 27 26 19 i 27 26 19 27
----..------ ...----- 196.a56J... 19.55 .'L 95. 6.19 .. 695.. ...5. 19a6...195 1aa5. 195& .1A56.195E.
DENVER /
Prime -- 10 -- -- .2 -- -- 11. 0 -- -- 23.56
Choice 3603 2471 2781 69.3 63.5 70,7 1177 11i9 1110 18.86 19.58 25.80
Good 1543 1369 1141 29,7 35.2 29.0 1115 1117 1042 17,96 18012 23.55
Coml. 53 38 13 1.0 1,0 .3 1087 1234 1038 14.57 13.97 17.39
Utility -- 3 -- .1 -- -- 1082 -- 12,50
All a 5199 ,B91. 3.2.- -- r.-
All grades ........ .. -.891..35 -.......-- --. .-..... : ..--.L..1.i58.1132...10901-O .1_5,.-L9.02,.25,15
1/ These summaries developed from data collected on marketing of fed cattle by the Agricultural Estimates
Division.

ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
-------- -------------- ------------------ r-----------------------------------.-------
S ee Veol Pork Po Lamb od Total Totl
eWeek (excl. ard) mutton l rdt o t
S.........-..-......----- ............... ..--....-- -------- meet lard
ended Num i Num- o Nu i Pod. m Prod. prod. pod
ber I ber. ber I br. prod
1,000 mil. lb. 1 000 mil. Ib. 1 000 ,.it.lb. 00 m -. Ib. mil. lb. mil.b.
Jan. 28, 1956 386 216.5 127 14.2 1,299 170.4 319 15.3 416.4 46.8
Jan. 21, 1956 398 222.1 129 14,4 1,615 213.2 302 14.5 464.2 58.9
Jan. 14, 19561/ 424 233.2 154 17.6 1,778 235.8 310 14.9 501.5 65.1
Jan. 29, 1855 347 187.9 123 14.2 1,265 175.2 271 13.2 390.5 46.3
Percentage change from:
Jan. 21, 1956 -3 -3 -2 -1 -20 -20 +6 +6 -10 -21
-Jan.- 2a, -Li55-i..+- -...... +l. -.... +....... ..... ..3. ..... -3. .....+1.8. ...+ ...._
Aver---------- wihts (.)---------- Lrd
*---------------------------- -------------------------------
Week Sheep and yield
Cattle Calves Hogs
ended Calv lambs t per
SLive Dressed Live Dressed Live Dress.ed 2--- Dressed--------
I. ............. .L,-u --.--- ---.- -L.,- -..: -- -I0 .l.. ..


Jan. 28, 1956 1,020 561 205 112 236 131
Jan. 21, 1956 1,015 558 205 112 240 132
Jan. 14, 1956 1,010 550 210 114 242 133
Jan. 29. 1955 990 541 209 115 244 138
1/ Actual slaughter and revised estimate of production. 2/ Excludes lard.
]/ Actual slaughter and revised estimate of production. 21 Excludes lard.


100 48 15.3
100 48 15.2
100 48 15.3
100 49 15.0
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CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
-------------------------- r------- ------------------- -----------------
Chicago Kansas City Omaha
-- ----- ------ r ---------
Classification Jan. J: : an. Jan :
28 21 29 28 21 29 28 : 21 29
*I I S e I
1956 1956 1955 1956 1956 : 1955 1956 1956 : 1955
Slaughter cattle, calves and vealers
Steers ---------------------
Steers -


Prime 900-1100#
1100-1300
Choice 9C0-1100
1100-1300
Good 900-1100
Com'l. All wts.
Heifers -
Prime 600-800#
Choice "
Good 500-900
Com'l. All wts.
Cows All weights
Commercial
Utility
Canner & Cutter
Bulls All weights -
Good
Utility & Commercial
Vealers All weights
Choice & Prime
Com'l. & Good
Calves 500# down
Choice & Prime
Com'l. & Good


23.48
22,98
20.80
19.75
17.72
14.82


19,58
16,65
13.70

12.30
11,08
9.75


23.42
22.80
20.85
19,85
17.80
14.78


19.58
16.52
13.48

11.82
10.55
9.18


12.75 12.75
14.82 14.85


28.80
22.90

19.40
14.50


28.00
22.50

19,00
14.50


31.901
33.051
28.15:
27.95:
22.55:
18,10:

-- t
24.72:
20.62:
16,85:

12.95:
11.12:
9.65:


22.28
21,70
19.80
19.05
16.65
14,75


19.25
16.33
14.00

12.42
11.35
9.90


12,95: --
14.65: 13.44


29.65:
23.35:

22,90:
17.10:


23,60
18.30

17.35
14,45


21.75
21.28
19.52
19.12
16.58
14.50


19212
16.25
14,00

11,75
10.48
8098


30.58t
30.82:
2(.30:
26.38:
21.501
17.82:


23.55:
19.45:
15.35:

12.28:
10.78:
9,00:


22.75
22.38
20.12
19.88
17,02
14.75


18.82
16.28
13.50

11.65
10.52
9.25


-- -- : 12.88
13.50 12.22: 13.44


22.00
17,50

16.50
14,00


24.30:
18.50:

19.00:
15.50:


20.45
16.00

17.50
14,00


22.65
22.35
20.20
19.68
17.12
14.75


19.25
16.62
13.98

11.50
10.32
9.08

12.88
13.44

19,60
17.60


31.08
31.80
27.38
27.15
21.82
17.50


23.92
19.61
15.30

11.50
10.25
8,50

11,10
12.53

19.80
15.60


17.00 18,15
14.00 14.40


Feeder and stocker cattle and calves
Steers -


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


20.00
17.50
14,75

17.00
13.75

-m- m


19.90
17.50
14.75

17.00
13.75


22.50:
20.25:
17.50:


19.32
17.38
15.00


19.00; 16.25
15.75: 13.75


18.75
17.00
14.75

16.25
13,75


22.75:
20.50:
17.75:

19.50:
16,00:


19.38
17.50
14.88

16.50
13.50


-- -- 10,70 10.25 11.00: 10.38


20.75 20.65 22.25: 19.70 19.25 21.50: 20.75

17.25 17.25 18.50: 16.75 16.25 18.50: 17.12


19,42
17.50
14.92

16.50
13.50


22.38
20,00
17.25

18.00
14.25


----------------- --------- -------------------- --------------- a -


10.50 10.25


20.75 22.00

17.12 17.75





HOGS: WEEKLY AVERAGE OF DAILY QUOTATIONS vJ
In dollars per 100 pounds
SInterior Iowa and
Chicago southern Minnesota Indianapolis
---t-------- ----,,,------ -- -- -- --- -- --- ---
Classification :--- Jan, :Jan Jan.
28 2 29 1 22 1 :29 28 21 29
--' '---- ;955. 1 ._ 1955 1 1956 1 A!5 1955 1 56 96 1 55
.-.....--.........-.........19 ...1 ..--1955 .. ..1.95. 95.6.. .. 196.. ..
Barrows and gilts -
U.S.No.1, 160-180# 13.10 11150 17.05 6 11.59 9.49 15.52: 12.85 11.40 17.35
2 and 3 180-200 13.60 12.02 17.88 : 13.04 10.94 16.89: 13.55 12.00 18.00
200-220 13.50 11.88 17.75 6 13.42 11.34 17.15: 13.55 11.98 17.90
220-240 13,35 11.72 17.68 : 13.07 10.91 16.78 .13.35 11.75 17/52
240-270 12,60 10.89 16,80 z 12,55 10.35 16.17: 12.88 11.18 16.70
270-300 12.05 10.35 16.10 3 11,96 9.75 15.41: 12,30 10.52 16.00
Sows -
300-330# 11,15 9.85 15.35 a 11.55 9.58 14.88: 10.70 9.72 15.50
360-400 10.70 9.38 15.02 t 10,99 8.96 14.25: 10.15 9.15 15.00
450-550 10.05 8.70 14.08 : 10,32 8.24 13.70: 9.08 8.28 14.38
Pigs Stockerr and feeder)-
Gd.&Ch. 70-120# -- -. -- : -- -
------------- -------------l J--- -- -- -- -- -- -- ------- -- -
Omaha Sioux City
SOmaha National Stock Yards Sioux City
Barrows and gilts -
U.S.No.1, 160-180 10.90 : 13,30 11.72 17.83: -
2 and 3 180-200 13.90 11.68 17.62 : 13,80 12.28 18,07: 14.06 11.50
200-220 13.90 11.68 17.62 : 13,78 12.20 17.94: 14.18 11.62 17.31
220-240 13.90 11.68 17.42 : 13.50 11.90 17.52: 1411 11,62 17.18
240-270 13.30 11.08 16.72: 12,95 11.28 16.78: 13.62 10.88 16.45
270-300 12.76 10.32 15.75 t 12.10 10.45 16.151 12.98 10.28 15.62
Sows -
300-3301 11.40 9.60 15.08 : 10,65 9,60 15.62: 11.65 9.78 15.20
360-400 11.40 9.60 14.98 I 10,28 9.22 15.25: 11,42 9.48 14.70
450-550 10.70 8.88 14.25 ; 9,80 8,72 14.38: 10.55 8.80 13.72
Pigs Stockerr & feeder)-
Gd. & Ch. 70-120# -- .- -
S. St. Paul Baltimore N. Portland
.---- -------------- .----------.l-.-..--- ----.-.-.-.-.--.-. .. ..... J- -- .------- -- ---I-----.
Barrows and gilts -
UkS.No.1, 160-180# 13.52 11.65 17.58 : 13.72 12.62 19.22: 13.94 12,16 18.94
2 and 3 180-200 14.10 11.80 17.62: 14,28 13.09 19.228 14,62 12.69 19.22
200-220 14.10 11.80 17.50 9 14.35 13.09 19.22: 14.62 12.69 19.22
220-240 13.92 11.62 17.02 t 14,00 12,66 18.84i 14.31 12.41 18.97
240-270 13.52 11.10 16.30 : 13.28 12.12 18.09: 13.28 11.62 18.28
270-300 -- -- 15.55 : 12.25 11,25 17,34: 12.94 11.38 17,7
Sows -
300-330# 11,55 9.38 15.05 t 10.56 9.56 15.88: 12.06 10.56 16.98
360-400 11.22 8.92 14.42 : 10,50 9.56 15.84: 11,38 10.06 16.56
450-550 10,82 8.48 13,42 : 9.31 8.28 13.75: 10.47 9.47 15.66
Pigs Stockerr & feeder)-
Gd. &Ch. 70-120f 10.40 9.00 17.92 : --





92
HOGS- AVERAGE COST. WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
SK -~------ ~ --------- -t--- I -------- ---;----1--------r -------- F m ----- ----- ---'
Louis Kan- S. S. 8-
Chi- Natl. sas Omaha Sioux St. Indian- mkts.
Week ended cago Stock City City Joseph Paul apolis com-
Yards bined
---------------------------------------------------------------,'. I S S
AVERAGE COST Dollars per 100 pounds
Barrows Jan. 28, 1956 12.90 13,25 13.71 13.57 13.75 13.64 13.49 13.16 13.38
and Jan. 21, 1956 11.03 11.62 11.47 11.09 10.99 11.42 11.11 11.50 11.24
gilts Jan.2 9,..195...516._ _.4. 45..?._, ....1.S 4.A 2-....164...16. ..17...8. ,.85.
Jame 28, 1956 10.26 10,00 10.36 10.94 10.87 10.54 11.06 9.39 10,34
Sows Jan. 21, 1956 8.92 9.01 9.06 9.21- 9.10 9.44 8.94 8.48 8.96
Jan. 2_9... 1955 _14,56 14, U7 p .14A.Q..6 4 4A .9 ... 4.48....1A.07..14.55.-141
AVERAGE WEIGHT Pounds
Barrows Jan. 28, 1956 237 223 227 233 235 224 223 225 228
and Jan. 21, 1956 243 225 228 234 235 224 228 229 232
gilts Jan, .9,9 1955 Z251 225 236 251 253 234 2.?EZ .0
Jan. 28, 1956 449 424 438 425 436 409 414 461 434
Sows Jan. 21, 1956 437 435 437 422 417 410 426 467 434
Jan~..29,.195&....4A... 2.....-437. ...--A.4.. .A53---. 2.- 28--- -.. 6-. 42..
NUMBER OF HEAD -
Barrows Jan. 28, 1956 40790 51962 9552 40531 39324 24659 60572 52964 320354
and Jan. 21, 1956 3504 59035 9350 57264 52475 29144 78341 57784 406897
gifts Jang 29_ 1955 45515 43597 8238. 45009 40751 25655 55909 39795 304469

Sows Jan. 28; 1956 4700 3540 734 2595 1504 1519 3437 3455 21484
Jan. 21, 1956 6868 3517 645 3705 1930 1833 4109 3651 26258
SJaa-,",.a.955.-- ,25....19.za..... --....1 i A8-.L66---- .....1 -.2013.--2J2.7-1&8. 2-.
SOWS Percentage of total
Jan. 28, 1956 10 6 7 6 4 6 5 6 6
Jan. 21, 1956 10 a 6 6 4 6 5 6 6
----s-------A,.9.-----95..4-- A-4- -A.-. 4----4 4---.-----5------.--5.-A--.
1/ Weighted average.
WEEKLY AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED
FROM 100 LB. LIVE HOG, COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
-------------------.......... .........-"......-"" -'"-" .....--.... -- ---- ...........
1 .1i i/ >1 Gross spread
Hog products 1/ Hog prices 2/ : or margin
SIor margin 3/
-----_,- .,,,,,,,,------------------------------------------ M ......~_____
Jan. 28, 1956 $16.03 $13.60 + $2.43
Jan. 21, 1956 14.72 12.02 + 2.70
zJa4 29 1955 19.63 17 88 + 1.75
a. .-n ,..2.9. .5. ........ 63.9 ............... 1 B.c ...... ,... 5...........
1/ Value of all edible products, fresh basis (lard rendered) in 100 Ib. of live hog com-
puted from wholesale prices on carlot basis, Chicago, reported by National Provisioner
daily market report.
2/ Mean of daily quotations on U. S. No. 1, 2 and 3 hogs, 180-200# wt. Chicago.
3/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
Barrows and Corn, I/ Hog-corn
Week ended gilts No. 3. yellow price ratio
Dollars per Cents per based on
100 pounds bushel barrows and gilts
-- --- -- -
Jan. 28, 1956 12,90 123.9 I-.-4
Jan. 21, 1956 11.03 123.0 9,0
Jan. 29, 1955 16.74 151.2 11.1
1/ Simple average price.





93
Sheep and lambs: Weekly average of daily quotations
In dollars per 100 pounds
------------ -- -- -- a -- -- -

t I : Kansass Fort : : Norths San
Week ended iChicago: Omaha : City iVorth :Denver i Salt IFran-
at : a : t Lake soisco


Lambs 1104
Choice and
Prime


Good and
Choice


down (WOOLED) -
Jan. 28, 1956 20.10
Jan. 21, 1956 1.910
Jan. 29, 1955 22.00

Jan. 28, 1956 19.42
Jan. 21, 1956 18.70
Jan. 29, 1955 21,00


19.72
18.85
20.88

18.70
17.92
20.15


19,60
18,40
20.68
18.55
17.45
29.90


-- 19.82
-- 18.85
-- 21.00


18,10
17.20
19.38*


18.92
18.10
19,70


-- 19.50
-- 19.25
-- 21.00


17.75
17.55
19.70


20.00


EWES (WOOLED)---- -----------
Good and Jan. 28, 1956 6.82 4.50
Choice Jan, 21, 1956 6.75 4.42
Jan. 29, 1955 7.25 7.50

Cull and Jan. 28, 1956 5.25 3,50
Utility Jan. 21, 1956 5.25 3.50
Jan. 29, 1955 6,38 5.75
FrEDeP LABS -
Good and Jan. 28, 1956 -- 17.20
Choice Jan. 21. 1956 17.00


4.62 -- 7,38 6.25
4.62 -- 7.12 6.00 --


6,38


3.62 --
3,62 -
5600
me on.. .. m see e.. ... ma oe


-- 8.25


A O5


10.00


,J4X 1.. --
5.25 3.75 .
6.12 -- 6.00
S-... m mn.. .. ..m n as


16.75 17.80 15.75
16.50 17.50 15.75


_Jan. 29, 1955 -- 21,00 -- 18,95 19,65- -
* Shorn basis
--------------- I I~ ICLLI III I I- I~-I I aI a a a n a ar a a a -- --I


Week ended


Jan.
Jan.
Jan.

Jan.
Jan.
Jan.




Jan.
Jan.
Jan.


27,
20,
28,

27,
20,
28,




27,
20,
28,


1956
1956
1955

1956
1956
1955




1956
1956
1955


Jan. 27, 1956
Jan. 20, 1956
Jan. 28, 1955


ESTIMATED PERCENT FEEDER -ND STOCKER CATTLE
AND SLAUGHTER COWS IN SALABLE RECEIPTS
hicago : Kansas : Omaha S. St. : St.Louis: Sioux : S. St.
:: City : Joseph:_ NSY : City : Paul
Feeders and stockers
3 26 -6 11i 5 22 7
3 27 9 16 5 30 5
2 26 10 15 4 22 10
Slaughter cows
11 7 11 10 17 10 33
11 10 12 13 18 12 35
12 10 12 13 22 9 30

Indian- Denver Fort : Okla. : Wichita : San
_aolis : Worth : City : : Antonio
Feeders and stockers
4 5 20 50 20 40
6 40* 15 55 27 40
8 10 25 60 39 50
Slaughter cows
14 15 12 13 19 25
16 10 15 13 20 25
25 20 18 13 16 33


*Included Show entries.


r 1 A


--


]






NEW YORK WHOLESALE MEAT TRADE REVIEW
western Dressed Fresh Yeats

Receipts of Western dressed fresh meats were somewhat below normal with lamb
offerings generally limited. A few cars of lamb were delayed in transit. Trad-
ing was highlighted by a dependable outlet for fresh pork at progressively higher
prices, particularly on loins. Demand was fair at the outset, and trade followed
a fair to slow pattern on subsequent sessions. Firm early price stands were well
maintained. Prime steer offerings were reduced in number, and rather sparingly
represented in most sales coolers. Carcasses 700# down, and arm chucks moved best
while hindquarters and ribs were more or less neglected. Concessions were neces-
sary on some lower grade veal and calf offerings to effect clearance. Lamb prices
worked strong to higher, with best action on carcasses under 50#. Daily clear-
ances of fresh pork were mostly complete as the result of a fairly broad inquiry
for practically all cuts from retail channels. Compared with the previous week:
Steer beef steady to $1.00 higher; cow beef steady; veal mostly steady to $2.00
lower; calf steady to $4.00 lower; lamb $1.00-3.00 higher; pork loins $5.00-6.00
higher; other fresh pork cuts steady to $3.00 higher.
Prime 600-800# steer carcasses cleared at $36.00-40.00, Choice $34.50-38.00;
Good $31.00-32.00. Commercial cow- sold from $25.00-27.00, bulk $26.00 down.
Prime veal sold from $44.00-48.00, Choice 80-150# $38.00-44.00; Good $28.00-34.00;
Commercial $25.00-31.00. Choice calf, 200# down, cleared from $34.00-37.00, Good
$32.00-34.00; Commercial t25.00-30.00. Choice and Prime lamb under 45-:- closed at
$39.00-41.00, 45-55# $37.00-39.00, 55# up selling down to $33.00. Good lamb under
50# brought $34.00-38.00. Eight to 12# pork loins closed at $38.00-42.00; fresh
skinned heaTs $42.00-44.00. Boston butts and spareribs showed advances of $1.00-
3.00 for the week.
Locally Dressed Fresh Meats

Most retailers participated in the trade on Monday, while action on subse-
quent days was only fair. In view of unsettled conditions for both kosher and
non-kosher offerings, slaughtering operations were curtailed moderately. Steer
beef realizations averaged about steady, while veal and calf prices advanced under
higher replacement costs. Lamb prices were uneven, with lightweight offerings
fully steady to higher, while heavyweights worked weak to lower. Sizable upturns
were registered on fresh pork, with progressive daily advances.
Prime steer carcasses were in limited volume as bulk consisted of Choice and
embraced all weight groups. Wholesalers maintained firm price stands on Prime
carcasses and cuts while Choice and below were weak to lower. Late action on
hindquarters was particularly slow. Trading was fairly active for kosher steer
cuts at strong to higher prices.
Veal and calf sellers encountered difficulty in attempting to advance prices
or keep abreast of replacement costs. Consequently, kills were curtailed after
midweek. Lamb supplies wore about 20f less than the previous week, and the major
portion consisted of heavier weights. Buyer preference was for carcasses averag-
ing around 45&- down, which sold at l1.00-2.00 upturns, while heavier weights moved
slowly at weak to lower prices. Kosher lamb foresaddles sold early on a peddling
basis, but demand broadened late, with some strength in prices.
Fresh pork sold unevenly higher, with sharpest upturns on loins. Supplies
were fully normal, but moved out reliably as retailers indicated preference for
city dressed pork cuts.






CHICAGO WHOLESALE MEAT TRADE REVIEW


Prime beef was in limited volume. Bulk graded Good and Choice and such
offerings were more than adequate. post lamb and veal graded Choice and below.
Lamb under 50-' was scarce, while weights under 80# predominated in veal. Supplies
of fresh pork cuts were moderate but usually sufficient. Pork loin prices scored
substantial upturns, closing quotations being the highest since October 11, 1955.
Smaller supplies and advancing replacement costs influenced the weeks advance in
pork cuts. Demand was good for limited supplies of Prime beef and equivalent cutEt
otherwise carcass beef trading was dull. All interests were in the market for
squarecut beef chucks and rounds, but Good and Choice ribs and loins of all
weights sold in a slow trade, with prices working lower. Early in the week, lamb
legs and stews proved hardest to move but by midweek, movement of lamb legs im-
proved considerably. In carcass lamb, weights under 50# were most active, while
in veal, Choice jnd Prime 80-130' carcasses moved best. Good clearance of fresh
pork is indicated, clearance of other classes only fair. Compared to last Thurs-
days close: Prime beef 50# higher, other grades mostly 50# lower; veal steady to
weak; lamb 50# to Sl.00 higher; pork loins 8-16# $6.00-7.00 higher; other pork
cuts t1.00-2.50 higher.
Choice and Prime souarecut beef chucks cashed at $28.00-30.00, comparable
rounds M40.00-43.00; Prime loins t75.00-80.00, Choice $58.00-63.00; Prime ribs
S55.00-57,00, Choice $42.00-47.00; Choice and Prime kosher style beef chucks
$28.00-30.00. Choice veal hindsaddles brought $56.00-58.00, forequarters $22.00-
24.00. Lamb hindsaddles sold from $45.00-52.00, lamb legs $44.00-48.00; loins
t58.00-62.00; hotel ribs $50.00-54.00.

PACIFIC COAST %TOLESALE MEAT TRADE REVIEW

Beef supplies were in large volume at all points on the West Coast with some
Utility to Good carcasses in off condition, particularly at Los Angeles. Calf
supplies were moderate to small at most points with little or no veal at Los
Angeles. Lamb supplies were adequate while mutton continued scarce. Fresh pork
was in moderate to liberal supply with cured pork cuts liberal to slightly exces-
sive, particularly bacon. Trading was slow on most beef, fair on calf and lamb.
Fresh pork trading was retarded somewhat by higher prices at all points. Compared
to last week's close: Steer beef weak to $1.00 lower; cow steady to weak, in-
stances i1.00 lower at San Francisco; veal and calf mostly steady; lamb wieak to
$1.00 lower in California and $1.00 higher in the Northwest; fresh pork loins
$1.00-10.00 higher; other fresh and cured pork cuts strong to $5.00 higher; lard
steady to $2.75 higher, .the advance at Los Angeles.
Choice steer carcasses under 700# cashed mostly from $30.00-34.00, few to
$35.00 at San Francisco and Seattle; 700-800# $29.00-31.00; Good under 700, $27.00-
33.00; Commercial,same weight, $25.00-30.00; Commercial cow beef $23.00-26.00;
Utility $22.00-25.00; Canner and Cutter $18.00-21.00. Good and Choice veal car-
casses under 150# cashed from $40.00-48.00; same grades calf under 300# $32.00-
39.00. Choice and Prime lamb under 55# bulked from $37.00-40.00; Good, all
weights, $32.00-38.50; Utility to Choice mutton $19.00-22.00 at Los Angeles and
$14.00-16.00 in the Northwest. Closely trimmed pork loins under 16# sold from
t38.00-45.00; shoulders under 16# t24.00-30.00; fresh skinned hams under 18j $40.00-
47.00; Boston butts under 8# $30.00-34.00; spareribs under 3# $33.00-39.00; smoked
skinned hams under 13# $45.00-50.00; slab bacon under 10# 31.00-40.00; few to
$43.00 at Los Angeles; sliced 1i package bacon .35.00-46.00; lard in 1# cartons






9 WHOLESALE DRESSED MEAT PRICES: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
----------- ------------------------- ------------- -------------- -----------
New York Chicago San Francisco
-- ------- ------------------ 4-----------.. --------------
Classification I I -
28 9
Jan.: : Jan.: 2 J
28 21 29 28 21 : 9 28 29
S.1856 1956 : 1955 3.56 195 1-55 6 1956 :1956 1955
--- ---------- -------- m----mmm- ; -------- -- ------ 1m 1m '55 'wameme, 6-, m 1 .956,


Beef -
Steer -
Prime 600-700#
700-800
SChoice 500-600
600-700


Good 35(
Com'l.
Cow, all wts. -
Commercial
Utility
Veal -
Prime
Choice
Good
Lamb -
Prime

Choice

Good a
Pork Fresh -


)-600


30-110
. R

#o- #


10-50
50-60
ill wts.


Loins 8-10# av.
10-12 '
12-16 "
Butts 4-8 *
Pork Cured -
Hams, smk., skd. -
12-16f av.
16-18 "
18-20
Bacon, smk.. slab -
6-8# av.
8-10 *
Sliced 1 # pkg.
Picnics, smoked -
4-8# av.
Backs, D. S. -
16-20# av.
Lard, 1# cartons -
Refined
Substitutes


39,00
37.00

37.25
31.50
29.50

26.00
23.00

46.50
42.50
35.00

39,30
35.90
39.30
35.90
35.80

38.60
38.60
36.30
28.50


43.30
40.00



33.5C
37.00


38,50
37.00
--
37.00
31.50
29.50

26.00
23,00

46.50
42,50
35.00

38.00
35.00
38.00
35.00
34.50

33,70
33,70
32.20
28.50


43 00
40.50



33.50
38.50


-- 1
50.00:

46.30:
41.60i
37.505

29,00:
24.50:

48.50:
46.50:
42.30:

43.60:
43.60:
42.00:
42.00:
40.60:

42.85:
42.86:
42.85:
40.65:
36.50:


53.50:
46.50:


-- :.
50.00:
52.00:


37.50
37.50
35,50
35.50
30.80
28.15


36.85
36,85
36.05
36.05
30.70
28.25


-- -
aJ -


44.50
40.00
36.00

37.00
33.65
37.00
33.65
32.90

37.85
37.85
35.90
26.20


46.00
43.05
42.15

34.95
32.80
38,60


22.50 22.00 35.50t 28.75


15.00 15.00


16.00


16.00
..


15.00t 11,35


17,00:
.. :


13.95
25.00


44.50
40,80
36.60

36.05
32.30
36.05
32.30
31.70

32.50
32,50
30.55
24.85


45.80
43.35
42.05

35.05
33.10
38.00


52.75 --
52.75:
44,30: 34.50
44.80:33,00
37.50: 31.75
32.50: 29.00

-- :26.50
-- 23.50

48.50:
45.50
40.00: 44.00

43.10:39.00
41.60:37.00
42.10:38.00
40.60:36.00
39.60:36.50

48.50:40.50
40.50:41.00
38.50:38.50
34,10:32.50


51.15:48.50
4Y, 70: 46.00
46.15 --

56.00:38.00
52.20:37,00
55.30:41.00


27.20 35.00:30.00

11.50 13,00: --


13.75
25.00


16.25:17.50
27,50s -


-a

34.50
53,25
32.75
29.00

26.50
24.50



44.00

39.00
37.00
39.00
37.00
36.50

36.90
37.50
35.00
32.50


48.50
46.00


38.00
37.00
40.50

30.00


16-50
16.50


Ncte: Quotations at New York exclude loc 1lly dressed meats.


--

42600
40.35
40,00
87.00

28.30
24.20

-m
mm
43.00

42.00
40.50
42.00
40.00
38,00

49.00
46.50
44.00
44.00


56,00
52,00
-W

57.50
54,00
58,50

36.00


18,50


--


* --- 0 ---------------- ft --------- -------- ----------------------- _----- -






BOSTON WOOL MARKET REVIEW

Movement of greasy domestic worsted wools in the Boston market was soLnewnat
slower than the previous week as approximately fourteen cars of various combing
wools were sold. Demand was principally for fine wools as prices remained steady
and unchanged for most classes. Offerings of spot free wools continued quite
limited. Scoured wools and noils moved at about the same firm levels of a week
ago. New clip lambs wool in Texas continued to sell as offered while some country
dealers in the midwest sold small quantities of medium fleeces for April delivery.
Private cables from Australia showed Perth closed firm and unchanged while
Geelong quotes advanced 2 pence. At the Napier sale in New Zealand prices were
unchanged to irregular, while Cape quotations were unchanged, General competition
prevailed at all the Dominion markets. A strike of waterfront workers halted all
shipments from Australia. Prices in Montevideo were reported 14-1l# higher, mostly
for medium grades while Buenos Aires wools were steady.
Fleece Wools Graded fine staple Ohio delaine sold arounJ $1,34 clean basis
while graded 60/62s average French combing fleeces brought about $1.11-1,12.
Graded 56/58s good French and staple moved at 1.05-1.07 and 50/54s staple fleeces
sold at 98#-$1,00 clean. New clip graded 50/54s staple wool sold for April delivery
at a clean cost of 1,.02 while other medium grade new clip fleece wools for April
delivery cost 55# in the grease, delivered to the mill. There was scattered shear-
ing of small farm flocks in Ohio,
Territory Wools Graded 64s good French combing and staple territory wool
sold at $1.32 clean basis while graded average to short French combing 64s brought
$1.20 and graded 60/62s good French and staple moved at t1.22. A 56/58s good French
combing and staple California wool sold at tl.10 while a 50/54s California wool
brought 1l.OF clean. A small quantity of mixed 3/8s and 1/4 blood Wyoming wool,
bulk good French combing and staple sold at $1.09,
Texas Wools Graded bulk good French combing 70s delaine type Texas wool sold
at $1.40 clean basis while bulk average to good French combing 12 months Texas wool
in original bags cost from l$,33-1.35 clean basis. A good weight of new clip shorn
lambs wool sold in Texas at an estimated clean price of A1.20-1.22 delivered Boston,
Mohair Contracting continued at 86&# for adult and $1.06| for kid mohair to
the warehouse. Dealers estimated that 500,000 pounds of mohair were contracted
during the week under review. A total of about 1,500,000 pounds of spring clip
hair has been contracted up to the present time.
Foreign Wools A spot lot of greasy New Zealand good average 50/56s carding
fleeces sold around $1,23 clean basis, duty paid while spot super skirted Montevideo
60s brought t1.27. Sales from South Africa for shipment to the United States
included a 10 to 12 months 64/7Qs good topmaking wool around 1l.41, a 9 to 11 months
60/64s good topmaking wool around *1,36 and a crossbred 60/58s Australian combing
good to super fleece wool around 1.34 clean basis, American yield, duty paid,
Cabled reports at week's end showed all Dominion markets closed about unchanged,
Australian quotes follow: Type 55 at 1,29; 56 at 1.24; 57 at $l.19; 432 at $1.14;
433 at $1.09; 434 at $1.00 and 435 at 93#, From New Zealand, type 93 at 930; 834
at 91#; 100 at 89#; 107 at 87#) 114 at 86#0 and 128 at 86#. From South Africa type
2 at $1.27; 7 at 1.25; 8 at $1.21; 47 at 1f.21; 48 at $1.19 and 52 at 1l.15.
Above quotes based on clean U. S. yields in bond.
Carpet boolj Turnover of carpet wools was slower than in recent weeks. All
prices remained, fairly strong with no quotable change.,
Wool Tops Wool tops trade was very quiet. Quotations were advanced sharply
based on the futures market. Warp Australian oil-combed 70s was quoted at $1.91;
64s at $1,80; 62s at 1,72; 60s. at 41.71; warp domestic oil-combed 64s at $1.78;
62s at $1.73; 60s at t1.68; 58/60s at t1,63; 56s at 1,50; 50/56s at $1.45; 50s at
$1.38 and 48/50s at $1.32. Warp and half warp dry-combed domestic 64s at $1.81;
62s at $1.71 and a Cape 70s at $1.87.





INSPTCTRD STOCKED AND FFFDvP SHIPMENTS FROM PUBLIC STOCKYARDS
Year 1955 with comparisons
Cattle and calves
-.. T. T .- .. T ... ... rI- _


Year
" 1954


Number Number


t State i Yeaa. Year
s destination 1955 1954
t I I

Number Number


Baltimere 26,587 25,489 Pennsylvania 100,560 82,614
Chioage 83;571 87,859 Ohio a 134,300 112,226
Cinoinnati 11,802 16,603 Indiana 147,412 135;288
Clovis 122,715 133,182 Illinois 470;760 436,791
Denver . 413,155 401,995 Michigan 57,954 62,425
Detroit 21;786 24;179 Irisoonsin 14,959 19,810
Fort Worth 243,656 249,748 Minnesota 148;480 133;841
Indianapolis 50;719 516562 Iowa 832,358 923,886
Kansas City 537,821 539,427 Missouri 252,598 232,765
Lancaster 83;250 64,780 South Dakota 93,690 93,634
Les Angeles 95,107 953945 Nebraska 370,813 443,933
Louisville 47,344 42,359 Kansas 274,814 304,927
Nashville 23,275 20,785
Ogden 157,219 221,084 Maryland 18,581 16,930
Oklahoma City .. 335,427 323,262 Virginia 10699 7;320
Omaha 419;881 495,333 Kentucky 43,057 365368
St Louis area 1/ .. 136,756 130;721 Tennessee 39,151 39,313
San Antonio 350,812 367,629
Sioux City .. 423,354 485,470 Oklahoma 236;853 210,731
Sioux Fil1 s 120,097 107,709 Texas 433,678 465,181
S. St. Joseph 126,158 1211005, Colorado 266,071 246,228
S. St. Paul .. 152,360 145 423 Utah 44,682 47,304
Wiohita . 126,344 156,141 California 416,977 5335600
All other ins2eoted 2/958,179 93 923 All others82. 638,928 654 498
STotl 5 047 375 5 239,613 Total..2/.. 5.047 375 5.2394613

Sheep and Lambs


Chicago. 12,525 14,732 Ohio 37,136 33,766
Denver 431,095 541,417 Indiana 34,439 31,481
Ft. Worth 153,627 208,346 Illinois 118,641 140,595
Kansas City .. 9,301 76,061 Michigan 17,517 15,336
Louisville 8;273 1,382 Wisconsin 10,997 13,286
Ogden .. 333,099 416,497 Minnesota. 145,334 158,203
Omaha .* 87,539 106,916 Iowa 350,190 388,750
St. Louis area 1/ .. 47,136 27;171 Missouri 151,655 187,808
S-lt Lake City 7 .. 152;660 172,984 South Dakota 76,165 61,946
Sioux City 86,469 100,380 Nebraska 246,837 349622
Sioux Falls, .. 56,343 58,351 Kansas 70,523 111,656
S. St. Joseph 91,288 116,996 Kentucky 51,059 17,502
S. St. Paul 180,055 185,819 Texas .* 106,463 132,509
Colorado 202,181 212,414
Utah .. 41;742 62,961
All other California 248;568 295,788
inspected 2/ 487 02 438,576 All other 2/ 297,865 2562105
STota 2 ... ... 22207 312 2 465 628 Tot al 2207,312 ,485,628
SIncludes St. Louis National Stockyards, Ill., and St. Louis Mo.
SExcludes Hawaii .(Compiled from Inppeotion Reoords A.R.S.)


Market
origin


: Year
: 1955






AVERAGE PRICES RECEIVED BY FARMERS FOR LIVESTOCK, FEED AND WO0L /_ _
15 D 1 T o 1 ir J1 T 1 Average


Commodity and unit C2' 1 .
---------- _t_56 _:_ 1_25 _:_
Fhrm prices.-
ogs per 100.Ib. Dollars 10.90 10,60
ge f cattle 13,9 13 50
ua.ves 16.8R 15.90
Sheep 578 5.51
Lambs H 1710 5
wool per pund 3 395 3/ 392
orn per budhel 16 s15
arfe "
Hay, Ill baled per ton 21 21
Cottonseed 45.50 45.00
Hog- orn price ratio 2/
United States Bushel 9.4 9.2
N. Central States 9.3 9.0
Iowa 8.8 8.4


'*' *"" Jan. 347-
1955_:_ 19A55_ e._l, 4


12.20
14.10
15.70
5,37
17.20
.09

20.30
44.30


11,2
11.1
9.9


17.00
16. 20
17:20
6.10
18 50
505
1.40
768

56.80


12.1
12.3
12.1


21.90
20.20
22.60
9.15
21, 0
460
1:64
,852

71.60
Jan.av. 1935-54
13.3
14.0


Index numbers: (Av. Jan. 1910-Dec. 1914 = 100) 1947-49
All farm products 226 223 225 243 271
Feed rains and hay 17 170 164 20430
Meat animals 207 201 216 263 334
Prices paid by farmers -
All commodities 259 259 259 264 240
S/ Estimates of Crop Reporting Board. -Number of bushels of corn equal in
value to 100 pounds of hog, live weight. 3/ Average local market price for wool
sold; does not include incentive payment to bring season average return to 62 2Per#,
EFFECT IV PA ARIT~yI r IC.E FO IESBrOCK,_FED AND WOOL1L -
S Base :_ Effeciive_parity prices _


Hogs
Beef cattle
Calves
Lambs
Wool
Corn
Oats
Barley
Cottonseed


Commodity and unit


: period
._ rice 2/_
7.47
7.55
8.30
8.30
4/ .214

,472
24.70


: Jan. 15 :
_:_ 3956 _
21.00
21.20
23.30
23.30
.601
6/1.7"3
6 .8.46
1.33
69.40


Dec, 15 : Jan. 15
1955 ___ 1955
21,10 21.40
21,10 21.40
23.10 23,40
23.10 23.40
586
1.82 1.8
.851 183
1.33 1. 34
70.30 71.30


1/ Parity prices are computed under the provisions of Title III, Subtitle. A,
Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agri-
cultural Acts of 1948, 1949, and 1954. 2/ Adjusted base price 1910-14 derived from
120 month, January 1946-December 1955, average, (including an allowance where ap-
propriate for unredeemed loans and other supplemental payments resulting from price
support operations) by dividing by 265 percent, (the 120-month average of the Index
of Prices Received by Farmers adjusted to include an allowance for unredeemed loans
and other supplementary payments) unless otherwise noted. Base period prices shown
apply for 1956 only. 3/ Effective parity prices as computed currently in months
indicated using base period prices and indexes then in effect, 4/ Adjusted base
price 1910-14 derived from 10 season average prices 1946-55 (including an allowance,
where appropriate, for unredeemed loans and other supplemental payments resulting
from price support operations). 5/ 60-month average August 1909-July 1914. 6/
Transitional parity, basic commodities 95 percent and nonbasic commodities 65 per-
cent (70 percent during 1955) of parity price computed under formula in use prior
to January 1, 1950,


per 100 lb. Dollars
It 11 t11
to 11 1t
11t II 11


per pound
per Bus el
1r II

per ton


II
ti
S,






100
UNITED STATES FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
December 1955 with comparisons
2 T,. ., T1"1%, .an. : Percentage
DlfA*A b J~n Dt mb KttAlQVc


cem eL CLALanuay ece %. e-
j-A-^omi-'CA~ ~ ~ ~ aiic.aj j jc d ui n
- --- ---- L ----- -1- -1- -94 Sec.:
1955 1954 955 1954i Dec.:


1955 1 -1-
Number slaughtered under Federal inspection (thousands of head ) -
Cattle 1,617 1,583 19,055 18,476
Calves 633 639 7,499 7,573
Hogs 7,324 6,119 61,370 52,894
Sheep & lambs 1,155 1,167 14,383 14,1486


*


Average live weight: (p
Cattle
Steers l/
Heifers I/
Cows 1/
Calves
Hogs
Sheep & lambs
Average cost to packers:
Cattle
Steers 1/
Heifers I/
Cows 1/
Calves


Hogs
Sheep & lambs
Dressing yields: (per
Cattle
Calves
Hogs 2/
Sheep & lambs
Lard per 100#
Lard per animal
Average dressed weight:
Cattle
Calves
Hogs
Sheep & lambs


'ounds)
1005.9
1047.8
895.6
995,7
210.8
237.2
97.7
(dollars per
15,01
18.62
17.81
9,40
15,50
10,60
16.92
00 pounds live
54.9
55.0
76.4
47,9
15.1
35.7
(pounds)
552.2
115.9
181.2
46.8


980.7
1013.6
861.5
987,5
211,7
244.5
98.2
S100 pounds)
17.03
22.90
20,74
9,07
14.74
17.15
18,17
weight)
54,3
55.0
77.2
47,9
15.1
37.0


532.5
116.4
188.8
47,0


Condemnations:**(number of head)
Cattle 7,624 7,939
Calves 5,668 5,836
Hogs 12,700 10,855
Sheep & lambs 4,200 3,190
Total dressed weight Excluding oodArmed: (
Beef 88,852 838,570
Veal 72,667 73,669
Pork(carcass wt.) 1,324,890 1,153,238
Lamb & mutton 53,849 54,704
Total / 2,340,258 2,120,182
Pork, excl. lard 967,766 843,809
Lard production 4/ 261,249 225,859
Rendered pork fat 11,250 10,752
I/ Also included with cattle,. / Subtract 7.
average. 3/ Totals based on unrounded numbers.
**Partly estimated, *Revised,


.975.0
1009.4
853.8
972.2
217.7
240.8
96.4

16.92
20.96
19.86
10.50
16.67
15.09
18.63

55,1
55.6
76,5
48,0
14,5
34.9

537.2
121.0
184.3
46.3


958.2
986.3
832.3
961.4
223.0
243.9
95.7

17.44
21,88*
20.14
10.26
15.95
21.72
19.31

54.9
55.4
76.7
47.9
14.2
34.7

526.3
123.6
187.1
45.8


79,907 83,942
36,709 39,561
109,090 98,658
57,257 56,088 --
housands of pounds)
10,194,588 9,680,615 106
902,965 930,893 99
11,292,382 9,875,730 115
662,774 644,948 98
23,052,709 21,132,186 110
8,366,203 7,368,674 115
2,140,224 1,831,296 116
108,175 96,515 105
0 to obtain reported packer
4/ Includes rendered pork


:Y1954


126
122
112
108
117
111
114
106
style
fat,


2.


1955 of
5-yr.
Deg._ay.

123
122
11A
108

101
102
104
101
100
98
99

72
71
73
64
77
57
78


102
99
120
99

103
103
104
101
100
97
99

88
81
86
104
105
62
93


" "
,, --
,,

,I ,,
,,
,, --






CLASSIFICATION OF LIVESTOCKXSLiAUGHTERED UNDER FEDERAL INSPECTION I/ io0
-------------- ------------------------- td:- .. .. .
I Number (000 omittedT Percent
-- ,- I jnT- Jan.--


a Dec.
1955:
Cattle I


Nov. iDeo. i Dec,
1955 1956 : 1954


a Dec. t Nov, : Deo. : Dec.
S1956 1955 a 1955 195 1964


Steers
Heifers .
Cows .
Bulls & stags
Total 2/
Canners & Cutters'3/
Hogs :
Sows .
Baarows & gilts.
Stags & boars
Total / .
Sheep and lambs:
Lambs & yearlings
Sheep .
Total .


778
225
584
31
1,618
330

527
6,760
37
7,324

1,061
94
1,155


729
213
681
38
1,661
425

439
6,405
14
6,858

1,090
72
1,162


9,299
2,674
6,656
427
19,056
3,613

6,664
54,357
350
61,371

13,519
865
14,384


741
215
592
35
1,583
340

337
5,752
31
6,120

1,118
49
1,167


48.1
13.9
36.1
1.9
100.0
20.4

7.2
92.3
,5
100.0

91.9
8.1
100.0


43.9
12.8
41.0
2.3
100.0
25.6

6.4
93.4
.2
100.0

93.8
6.2
100,0


48.8
14.0
34,9
2.3
100.0
19.0

10.8
88.6
.6
100.0

94.0
6.0
100.0


46.8
13.6
37.4
2.2
100.0
21.5

5.5
94.0
.5
100.0

96.8
4.2
100.0


- --------------------------------- -- ------------------------------ -
l/ Based on reports from padkers* Totals based on rounded numbers.
SIncluded in cattle classification,



PEPCENTaGT~ DISTRIBUTION, BY CLASSES, OF CATTLE SLAUGHTERED
UNDER FEDERAL INSPECTION
-- a- -a -- -- --------------^-.- ----Wa -- -- er^^^
St a Canne
t Steers a Heifers t Cows t Bulls and f Cutters
Region a D Stags sall oasses
a- -- 1955a 1954e Dec. a "bo7 -" 9
1965 a 1954: 1955: 1954 :19552 19644 19i55 19841955:1954
----------------- -D aw -m ,-m a, -, -------------------------------------- ,. e------------------- am ---m


N. Atlantic States. .
S. Atlantic States
N. C. States Easts,
N. C. States N.West.
N, C. States S.West.
S. Central States .
Mountain States ..
Pacific States ..


Pot.

41.4
53.7
48.1
57,0
27.7
24,2
52.9


Pet, Pot.
50.0 1,2
34.6 4,2
48.2 6,9
48,5 16.0
56.7 11.4
26,0 6.5
37.2 50.3
53.8 17.1


Pot.
2.1
2.0
5.7
15,6
13.5
8.7
42.2
19.5


Pot,
38.0
48,8
38,0
33.8
30.1
63.2
24.1
27,9


Pot. Pot, Pot. Pet, Pot.


45.8
51.6
44.5
33,9
28.6
61.5
18.9
24.6


1.5
586
1.4
2.1
1.5
2.6
1.4
2.1


2.1
11.8
1,6
2.0
1.2
3.8
1.7
2.1


21.3

21.9
18.7
15.0
40.2
14.2
10.4


25.0
&r0
25.0
15.4
14.5
46,0
10.8
11.0




UNIVERSITY OF FLORIDA
102 11111111111J111 I IIIA11111111111111111 11 li
3 1262 08734 6756













-i

WESTERN LIVESTOCK REVIEW CONTINUED FROM PAGE 85
Supplies of slaughter steers and heifers were more than adequate for demand in
the face of continued slow movement at the wholesale level and closing sales at
Far West terminals varied from steady to 1l.00 lower. Cows sold weak to 250 lower
at Stockton and South San Francisco, 50-750 off Et Ogden and steady to 50# higher
at other points. Slaughter calves and vealers closed unevenly $1,00 higher to
$1.00 lower, Trade on barrows and gilts was featured by sharp upturns of 41.00-
2.75, Slaughter lamos were in good demand at steady to 50# higher prices, late
sales at Denver 75#-l1.00 up.
Choice slaughter steers under 1200# brought .17.00-21.00 at Western terminals,
bulk i18.50-20.50, one load high-Choice 1150f 421.75 at Denver; Good steers mainly
15.00-18,00; Good and Choice slaughter heifers i14.50-17.75, some Choice at Denver
t18.00-19,50, one load high-Choice to Prime 1010# there at t20.00. Utility and
Commercial cows bulked from t9.50-13.251 Canners and Cutters $7.00-9.50, Good and
Choice vealers ranged from C20,00-26.00, few high-Choice to .28.00 at Portland;
Good and Choice slaughter calves t16.00-20.00. Most Good and Choice stockers and
feeder steers sold from 416.00-19,00.
High-Good to mostly Choice slaughter steers under 1250y sold out of California
feedlots from t18.50-19,00, high yielding Choice under 1050# 1l9.25-19.50; few
loads Choice slaughter heifers t17.50-18.00 early, Good and Choice late t16,00-
17.25, Good and Choice stocker and feeder steers sold from t16.00-17,50. Around
225 head of 400-425# dehorned Montana stock calves brought t19.00 for the steers,
t16,00 for the heifers, with about 100 head at t1.25 for the steers and $15,25 for
the heifers. A load Good and Choice 365# Oregon heifer calves sold at $16.40,
Late in the week mixed U. S. No. 1 to 3 160-240# barrows and gilts brought
t15.50 in South San Francisco and Stockton; 413.50-14.50 at Los Angeles; $14.50-
15.75 at Portland;- fl4.50-15.00 at Spokane; $15.00-15.75 at Ogden and t13,75-15.25
at Lenver.
Choice and Prime 92-111# wooled slaughter lambs bulked at Denver from $19,50-
20.00, 2 loads 104-106# t20.25; Choice wooled t20.00 at South San Francisco; other
Good and Choice fall shorn to full wooled slaughter lambs at other Western termi-
nals from $17,00-19,00, few Choice fall shorn lambs to 419.50 at South San Fran-
cisco. Good and Choice slaughter lambs with No. 1 and 2 pelts sold direct out of
the Imperial Valley largely at t19.00, f.o.b. Valley with the usual 4% shrink.




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