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Newspaper
Lancaster Farming
Location
Lancaster, Pennsylvania, United States of America
Date
Dec 27, 1958
Page
5
James E. O Hara reports steady to higher cattle values with slaughter steers up to 25 cents and cows also 25 cents higher. Calves, hogs, and sheep show mixed gains. feeders strong, vealers soft, and stockers steady amid moderate trading. Prices list 950-1200 lb steer 2750-2800 while barrows and gilts 180-2150 and lambs 21.75-23.00 with lighter weights up to 23.50.
Fluid milk output increased but at a slower pace than last year as holiday demand remained solid. wholesale New York prices held at $5.65 to $5.85 per 40 quart unit while S E Pennsylvania markets showed little change except higher carlot quotes. Ice cream sales matched seasonal expectations with many plants idle in the Southeast Pennsylvania region and cream purchases remaining light in these outlets.
New Holland markets ran a shortened week with two sales, dairy and horse and mule. Dairy on Wednesday was slow though Wisconsin Holsteins topped with fresh cows around 446, total 100 cows. Horses and mules on Monday were slow as well with 128 head, prices ranged from 40 to 180 depending on class.
The U S Department of Agriculture announced requests for about 63 3069 million pounds of nonfat dry milk for foreign donation under the USDA ICA program. About 60 million pounds will go to U S private welfare groups for free overseas distribution, with 3 3069 million pounds for export to Italy under ICA PL 480 Title II. Deliveries are set for Dec 15 1958 to March 18 1959 and as soon as possible for Italy shipments.
USDA Market News reports Chicago slaughter cattle receipts down 25 percent from earlier week but up 20 percent year over year with mix of stockers and feeders firm. Slaughter steers mostly 50 cents higher to 150 dollars above prior week, heifers up to 100 dollars, cows and bulls 50 to 75 cents higher, with loads and weights noted and several price bands across 900 to 1650 pounds.
The USDA reports 1958 pig crop totaling 94 million head, up 8 percent from 1957. Spring crop 523 million head up 1 percent, fall crop 425 million head up 17 percent, largest since 1943. Fall rise due to more sows farrowing and higher pigs per litter. 1959 spring crop forecast at 59 million head with 8,317,000 sows to farrow, 12 percent more than last spring.
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