Livestock, meat, wool market news

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Title:
Livestock, meat, wool market news
Physical Description:
v. : ; 21-23 cm.
Language:
English
Creator:
United States -- Agricultural Marketing Service. -- Livestock, Poultry, Grain, and Seed Division
United States -- Agricultural Marketing Service. -- Livestock Division
United States -- Agricultural Marketing Service. -- Livestock & Seed Division
Publisher:
The Division
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:
serial   ( sobekcm )
federal government publication   ( marcgt )
statistics   ( marcgt )
periodical   ( marcgt )

Notes

Additional Physical Form:
Distributed to depository libraries in microfiche.
Statement of Responsibility:
Livestock, Poultry, Grain and Seed Division, Agricultural Marketing Service, U.S. Department of Agriculture.
Dates or Sequential Designation:
Began with v. 27, no. 1 (Jan. 6, 1959) issue.
Issuing Body:
Vols. for <Jan. 16, 1979-May 14, 1983> issued by: Livestock, Meat, Grain and Seed Division, Agricultural Marketing Service, U.S. Dept. of Agriculture; <Nov. 12, 1983-> by: the Livestock Division, Agricultural Marketing Service, U.S. Dept. of Agriculture; 1996 issue\d by: the Livestock and Seed Division, Agricultural Marketing Service, U.S. Dept. of Agriculture.
General Note:
Description based on: Vol. 47, no. 2 (Jan. 16, 1979).
General Note:
Latest issue consulted: Vol. 58, no. 40 (Oct. 6, 1990).

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004691915
oclc - 04512121
lccn - sn 87043107
Classification:
lcc - NOT IN LC
ddc - 338.105
System ID:
AA00008493:00031

Related Items

Preceded by:
Market news (Washington, D.C.)
Succeeded by:
Livestock, meat, and wool weekly summary and statistics

Full Text






MEAT


WOOL


WEEKLY SUMMARY

AND STATISTICS


LIVESTOCK DIVISION, AGRICULTURAL MARKETING SERVICE
U.S. DEPARTMENT OF AGRICULTURE
WASHINGTON 25, D.O.


Vol. 30, No. 21


May 22, 1962


Week ended May 19


Page


Livestock Market Reviews .* .
Livestock Market Receipts . .
Feeder Statistics # o o .
Estimated Percentage of Feeder Cattle and Slaughter
Cows in Salable Receipts . .


Steer Sale Statistics .
Slaughter at Major Centers .
Estimated Slaughter and Meat P

Cattle Prices .
Hog Prices .
Hog Purchase Statistics .
Sheep and Lamb Prices .

Wool Market Review .
Wholesale Meat Trade Reviews
Wholesale Dressed Meat Prices


oduction *


* 6 0 0 0 0 *
* 0 0 0 0 0
* 0 0 0 0 0 0 0


_peciaj to this issue

Retail Sales Value Comparisons of Choice Grade
Beef Carcasses, April 1962 . &
Storage Holdings of Meats and Lard, April 50, 1962
United States Exports of Meats, March 1962 .
United States Exports of Livestock, March 1962 .


* 0 0


590
395
595

595

594
595
395

596
597
598
404

599
400
401


0 0 0 *


403
402
405
403


i le-*g11






MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Slaughter steers and heifers at the seven
markets totaled 117,300 head for the largest
week's volume since early December, 1961. This
marks the fifth consecutive week that slaughter
steers and heifers have shown an increase.
Prices of slaughter steers and heifers were
sharply lower under the burden of liberal re-
ceipts and depressed wholesale meat prices.
Slaughter steers generally sold 25-75f lower,
however, at Chicago prices were mostly $1.00-
1.50 off. Heifers were steady to 750 lower.
Cows at most centers sold steady to 50f lower.
Barrows and gilts were steady to 50 higher in
the eastern Corn Belt area but steady to 50S
lower in the western Corn Belt area. Slaughter
lambs advanced 50#-$1.50, with spring lambs
enjoying the largest upturn.

SLAUGHTER CATTLE AND CALVES Cattle re-
ceipts at the twelve markets were the largest
for any week since January and prices for
slaughter steers and heifers broke sharply low-
er. Liberal supplies in the early part of the
week started the downward trend, in turn
wholesale dressed meat prices worked lower and
live prices declined on each session. Slaughter
steers sold 25-750 lower with Chicago $1.00-
1.50 lower,suffering the largest decline for
any week since January. Heifers faired a little
better as prices were steady to 75f lower, often
selling equal to or higher than comparable
grade steers. Cows sold steady to 500 lower,
except St. Louis and Chicago steady to 250
higher. Bulls were steady to 500 higher and
vealers steady to $1.00 lower. Good and Choice
slaughter steers and heifers constituted the
lion's share of the receipts at most centers,
but feeder cattle and calves made up a larger
percentage of the supply than the previous
week.
Slaughter steers: Early Wednesday at
Chicago a load of Prime 1310# reached $30.50
and load Prime 1315# $30.00. Most Prime 1150-
1350# $29.00-29.75 and mixed Choice and Prime
$27.25-29.00. Choice bulked at $25.25-27.25.
Other terminals reported Choice $24.75-26.50,
Good $21.25-24.75.
Slaughter heifers: Monday at Chicago load
Prime 921# brought $27.00, Wednesday couple
loads at $26.50, and load high-Choice and Prime
$26.75 at St. Paul. Bulk Choice $25.75-26.00,
Good to low-Choice $21.00-24.00.
Slaughter cows: Utility and Commercial
$14.50-17.25, Canner and Cutter $12.50-15.00.

FEEDER CATTLE AND CALVES Mid-May re-
ceipts of feeder cattle and calves at terminal
markets were seasonally moderate. Medium to
average Choice grades predominated with a large
percent of the over-all,supply made up of 500-
'5V' yearlings, mostly steers. However, the
very moderate number of calves marketed was


fully normal for this time of year. There were
only a few green steers over 750 Ibs. and rela-
tively limited numbers of warmed up or partly
fattened 800-1050# which were purchased for dry-
lot feeding. In slow trading prices at mid-
west markets generally were steady to 50 lower,
instances $1.00 off at Wichita and Oklahoma
City. Abnormally hot, dry spring weather over
much of the mid-west tended to dull demand,and
along with this,further declines in slaughter
cattle prices had a definitely bearish effect
on demand.
Feeder steers: Choice and Fancy 856 lbs.
$25.50, few loads Choice 800-950 ibs. $24.50-
25.00; majority Good and Choice 800-1050#
$21.50-24.25; Medium and mixed Medium and Good
800-950# $18.00-22.00. Scattered shipments
Choice and mixed Choice and Fancy 550-650#
$28.25-29.25; Good and Choice 550-750# bulked
$23.00-28.00. At Sioux City many Choice 620-
6935# sold from $26.50-28.00. Medium and mixed
Medium and Good 550-750# $18.00-23.50.
Feeder heifers: Good and Choice 525-700#
$21.50-26.00; few loads Choice 600-61Q0# in-
cluded at $25.25-26.00 but not many over 600#
above $25.00.
Feeder calves: Seven loads Choice 440-
495# steers $30.50-51.00; bulk Good and Choice
350-550# ranged $24.00-30.00. Choice 5534# heif-
ers reached $29.00, but majority of the heifers
were Good and Choice 550-500# from $22.00-26.75,
one load Choice 509# included at $26.75.

HOGS Terminal markets Hog supplies at
the 12 markets were 1 percent smaller than pre-
ceding week but 7 percent larger than a year
ago. U. S. No. 1-3, 200-260# barrows and gilts
predominated in the supply. Uneven price
trends prevailed throughout the area. Demand
for barrows and gilts was rather broad in the
eastern Cornbelt area where prices were steady
to 500 higher, instances 75# up on weights under
220#. In the western portion of the area
liberal receipts influenced steady to 50 lower
prices. Sows were generally steady to 25# lower,
extremes down 50f on weights above 400# at St.
Paul. Purchases of sows increased 4 per cent
at St. Paul, approximating 17 percent while
other markets ranged from 6-11 percent.
Barrows and gilts: At the close, U. S.
1-2, 190-240# in the eastern Corn Belt ranged
from $16.55-17.35, in the western area $15.75-
16.25. Extreme top for the week was $17.75 at
Indianapolis while Chicago posted a $17.50
peak. Closing sales No. 1-c, 190-250# were at
$15.25-16.65, mostly $15.75-16.65 in eastern
Corn Belt. Heavy butchers weighing around 400#
sold at $15.50 at St. Paul.
Sows: U. S. 1-3, 270-400# $13.25-14.25,
few to $14.85 at Indianapolis, 400-600# $12.00-
13.75.
Feeder pigs held steady at both St. Paul








and Sioux City. Most Choice 140-17>-I brought
$14.25-15.00 while 120-16FC, of Choice grade
sold at ?15.00-15.50 at St. Paul.
Hoes Interior Iowa-Southern Minnesota
area receipts totaled 298,000 compared with
315,000 the preceding week and 306,000 a year
ago. Bulk of the run consisted of U. S. 1-3
2'X0-250'-- barrows and gilts. Sows made up 9 per-
cent of receipts. Prices for barrows and gilts
generally advanced during the forepart of the
period under good demand and relatively small
receipts. A part of the early advance was lost
later when receipts were rather liberal and
prices were 25-400 higher for the week. Sows
sold steady to 25# lower.
Barrows and gilts: On Friday, No.1-3 200-
2304 sold from $15.00-15.65, most No. 1-2
$15.25-16.00.
Sows: Most No. 1-3 270-400- $12.75-14.00,
few 1-3 M14.00-14.50; No. 2-3 400-550C $11.50-
13.00.
Hogs Interior Illinois Receipts
totaled 93,400 compared 116,900 the previous
week and 90,500 a year earlier. Demand was
good early but only fair late. Early week ad-
vances were partially erased by late downturns.
For the week barrows and gilts sold 25-75#
higher. Sows closed steady to 50# higher.
Barrows and gilts: On Friday, U. S. 1-5,
190-24-i- $15.25-16.00,mostly $15.50-16.00.
Southwest areas generally $15.25-15.65. Limited
volume 2'-'0-23rV $16.10-16.50. Around 50
head sorted No. 1, $16.75 and 35 head $16.85.
Sows: U.S. 1-3, 250-35CW $13.50-14.50, few
$14.75-15.00. No. 1-3, 350-400# $12.75-13.50.
No. 2-3, 400-5004 $12.00-13.00.

SHEEP AND LAMBS Salable receipts
at the twelve markets totaled 115,000 head,
compared with 99,000 last week and 128,000 the
corresponding week last year. Shorn old-crop
slaughter lambs comprised bulk of supplies at
northern Corn Belt markets, while spring lambs
made vip a liberal portion of receipts at
southern and western points. Price advances in
the dressed lamb market for the third consecu-
tive week proved a stimulant to prices in the
live trade, as sales in both divisions attained
the highest level in nearly two years. For the
week old-crop slaughter lambs were steady to
*1.00, mostly 50-V.r00 higher; spring slaugh-
ter lambs 504-$1.50 higher. Slaughter ewes and
feeder lambs were generally steady, although
sales were 50#-$1.00 lower at Fort Worth under
influence of liberal receipts.
Old-crop slaughter lambs: Shorn Choice
with few Prime 85-10Ev- No. 1-3 pelts $18.00-
19.00, few reached $20.00 late. Good and
Choice 80-107,! No. 1-3 pelts $15.50-18.50.
Wooled Limited number Choice 95-12?- 7 1.25-
19.25, Good and Choice $16.00-18.00.
Sprint- slaughter lambs: Choice and Prime
75-21C, 2rn. --..00f, mainly *21.00 and above
late, Good and Choice 18.00-21.0(, mostly
$19.00 up.
Slaughter ewes: Cull to Good shorn ZZ.C.00-


5.75, few to $7.00 early; wooled $5.50-6.85.
Feeder lambs: Choice and Fancy 4'-"7 '
spring lambfs $11.00-15.50, few JS-cy $16.E0-
18.00. Good and Choice old-crop shorn lambs 60-
EZ- $10.00-14.75; at Denver, few Choice and
Fancy wooled old-crop $18.40-18.70.
Sheep and lamb receipts in the Interior
Iowa-Southern Minnesota area totaled 11,300 head,
compared with 10,900 the previous week and
15,300 a year ago. Price advances in dressed
lamb trade influenced higher prices in the live
trade. Compared with previous week's close,
Choice and Prire old-crop slaughter lambs were
50-75 higher, other grades steady to 50# higher.
Spring slaughter lambs sold 500-4l.00 higher,
and slaughter ewes steady. Shorn old-crop
slaughter lambs comprised bulk of receipts,
wooled lambs scarce, and spring lambs made up
10-15 percent of week's volume.
Old-crop slaughter lambs: Shorn Choice
80-11,'- No. 1-2 pelts delivered to packing
plants closed at $17.50-18.25 and few No. 1 and
fall shorn 90-105~ $18.25-18.50; Choice 110-
120# and 80-110# No. 2 and 3 pelts $17.00-18.00.
Good to low-Choice 80-110# No. 1-5 pelts $15.50-
17.50. Wooled few Choice 80-110Q $17.50-18.50,
Good to low-Choice $16.00-17.50.
Spring slaughter lambs: Late sales Choice
and Prime 80-105, r20.5.-21.50, few Good to low-
Choice $19.50-20.50.
Slaughter ewes: Cull to Good shorn $2.50-
4.50.

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 unless specified.

ARIZONA, CALIFORNIA, NEVADA AND UTAH -
Direct trade fairly active, all represented
classes steady.
Slaughter steers: California and Arizona,
45 Choice, few Prime 1040# $28.00; 22,000 Good
to mostly Choice, 880-1225# $25.95-27.60; large
volume for June, July and August delivery;
2,300 Good and Choice l000-lC25, $25.25-25.35
August and September delivery; 1,050 head
mostly Good 925-1150# $24.90-25.90; 3,960 head
mostly Choice 1000-11O00# $25.00, September and
October delivery; 2,000 Standard and Good 725-
1150# $22.50-24.75.
Slaughter heifers: California and Arizona,
420 mostly Choice 800-850# $26.50; 5,300 Good
to mostly Choice 750-925# $25.00-26.00; mostly
Good 750-875# $24.00-24.80; 200 mostly Choice
91-w' $25.50, September 15th delivery; 20 Stan-
dard 850-875# $21.05.
Feeder cattle and calves: Steers, 800
Choice and Fancy 450.' $26.75-26.85; 2,100
Choice and Fancy 500-625# $25.75-26.25; 1,850
mostly Choice 525-725# $25.00-25.50; 1,550
Good and Choice 575-725# $24.00-25.00, 200
Choice 800-950# $24.00; 3,600 Medium and Good
5F:0-7,'0 $22.00-23.25. Heifers, 50 Choice and








Fancy 5751 026.00; 2,650 Good and Choice 500-
750# $22.50-24.25.
Mixed steers and heifers: 125 Choice and
Fancy 425-475-' steers $28.50, heifers $26.00;
1,470 head 575-550# steers $25.00-27.00, heifers
23.00-25.00.
Spring lambs: California, 3,500 Choice
and Prime 95-99# $21.50-22.50; 10,150 Choice
and Prime 95-110# shorn No. 2 and 3 pelts
$20.00-21.00; 4,600 Choice and Prime 1051#
$18.00 July 10-15 delivery; Arizona, 1,000
Choice and Prime 105t $19.50. Feeder lambs:
California, 800 Choice and Fancy 85-86# $17.50-
18.50.
Slaughter ewes: California, 4,000 Utility
and Good 120-155# $4.00-4.50.

COLORADO, SOUTHERN WYOMING, WESTERN
KANSAS AND WESTERN NEBRASKA Trading slow,
slaughter steers sold unevenly 25-75# lower,
while heifers were steady to 500 lower.
Slaughter steers: Colorado, 300 high-
Choice, few Prime, 1150-1225# $26.00 and 420
average to high-Choice 1050-1250# purchased late
last week also $26.00. 2,550 average to high-
Choice 1125-1175- '25.00-25.75. Colorado and
Wyoming, delivered: 650 mostly Choice 1050-
1200# $25.40-26.00, some f.o.b. and some de-
livered. 575 Good and Choice 1000-105C0 $23.60-
24.00.
Slaughter heifers: 1,300 average to high-,
Choice 800-1000(/ $25.50-25.85, mostly $25.50-
25.75. 1,000 Choice 915-1000# $25.00-25.40.
Few Good and Choice 925# $24.75. Load Choice,
few Prime, mixed steers and heifers 950# 326.00.
Feeders: Trading rather slow, limited
sales steady to weak, instances 25-50# lower.
Rainfall over most of the area failed to stimu-
late the trade. Colorado, 90 Choice 585-675#1
heifers $23.50. Western Kansas: 110 Choice
and Fancy 750-80C# steers $24.15-24.40, 120
Fancy 6851 heifers $24.75. 350 Good and
Choice steers 7504, $25.50.
Sheep and Lambs: Trading active, spring
slaughter lambs advanced 50#-$1.00, while old-
crop slaughter lambs were 500 higher. Colorado
and Kansas, 675 Choice to mostly Prime spring
slaughter lambs, $21.50-23.00. 8,100 Choice
old-crop shorn lambs, mostly No. 2 and 3 pelts
$16.75-18.50.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Slaughter
steers and heifers steady to 50# lower. Feeders
moderately active, weak to 500 lower. Spring
slaughter lambs active and fully $1.00 higher;
old-crop slaughter lambs steady to 500 higher;
spring feeder lambs strong; breeding ewes
strong to $1.00 higher.
Slaughter steers: Six loads Choice 980-
1125# $25.00-25.60; bulk Good and Choice 925-
1250# $24.25-25.00; Good $22.50-24.25; several
loads mostly Standard $21.00-22.60.
Slaughter heifers: Four loads Good and
Choice 850-960# $24.00; 40 loads mostly Good
675-85Q# $23.00-23.50; several loads mostly


Standard $21.00-22.50.
Slaughter calves: Several loads mostly
Good 575-65Q0 mixed steers and heifers $23.50-
24.25.
Feeders: Immediate delivery, 550 Choice-
550-625# steers $25.50; 185 Good and Choice 525-
650# steers $22.50-25.50; 1,200 mostly Good
425-500# heifers $22.00-22.90; June 15 de-
livery, 400 Good and Choice 550# steers $24.50;
August 15-30, 700 Good to mostly Choice 425-
575#,$26.25 steers, $24.25 heifers; September
1-15, 325 Good to mostly Choice, 500-575#,
$26.50-27.00 steers, $24.50-25.00 heifers;
October 1-50, 800 Choice 600-650# $24.00 steers
and $22.00 heifers; 400 Choice 575-425#, steers
$52.00-33.00; 750 mostly Good 340-580#, steers
$50.00; 1,500 mostly Good 475-550#, $22.50
steers and $20.00 heifers, October delivery.
Slaughter lambs: Good to mostly Choice
80-95# spring lambs $19.00-19.50; Good and
Choice old-crop lambs No.1-3 pelts $14.50-15.00.
Amarillo Area Slow, all classes steady.
Slaughter steers: 200 Good to mostly
Choice 1150-1175# $25.25-25.50; 50 Good and
Choice 115 $25.00.
Slaughter heifers: 180 mostly Good, 700-
900# $23.50-24.00.
Feeder steers 350 Choice 650-800? $25.75-
25.50; October delivery, 1,500 Medium to most-
ly Good 600-725# $21.90-23.50.
Feeder calves: August-October, 1,800
Choice 400-460. steers $26.00-30.00, 450#
heifers $24.00.
OREGON AND WASHINGTON Slaughter cattle
slow, steers weak to fully 25# lower, some 50#
off. Slaughter heifers weak. Not enough feed-
er cattle for test of trends. Slaughter lambs
steady, instances 50# to $1.00 higher.
Slaughter steers: Washington, Good to
mostly Choice 1000-1300,1 $26.75-27.25, some de-
livered and current to mid-July delivery. Stan-
dard and Good Holsteins 1075-115Q# $22.50-
23.25. Oregon, Good to mostly Choice 1080#
$27.25-27.50 delivered, guaranteed 61 percent
yield. Good to mostly Choice 1160-1250# $24.75-
25.25 f.o.b.
Slaughter heifers: Washington and Oregon,
Good to mostly Choice 850-950, $25.00-25.75.
Feeder cattle: Washington, Good to mostly
Choice 650-675# steers $24.00 delivered mid-
July. Mostly Choice 750# fleshy steers $26.50.
Slaughter lambs: Oregon, Choice and Prime
84-105# spring lambs $19.75-21.00 delivered.

MONTANA AND NORTHERN WYOMING Cattle:
Not enough sales to establish trends.
Feeders: Northern Wyoming, 200 Good and
Choice 550-575d heifers, fall delivery $21.50,
600 Choice and Fancy 300-$25.., calves fall de-
livery, steers $30.00, heifers $27.00.
Sheep: Slaughter lambs strong, but hardly
enough sales for accurate test. Eastern Mon-
tana, 500 Choice 105-108# old-crop lambs $16.50.
Northern Wyoming, 500 mostly Choice, few Prime
87# spring lambs $20.75.







WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
Cattle Calves _os-- --- Se1 and I am bs
Market 2 May 19' May 20 2 May 19 : May 20 T May 19 May 20 t May 19 May 20
2 1962 s 1961 2 1962 2 1961 2 1962 2 1961 t 1962 1961
Chicago ....... 55,820 55,595 89 141 52,644 59,262 28 1,92 8 1,855
Denver ........ 8,762 10,571 155 517 5,758 4,656 5,040 8,115
Fort Worth .... 7,061 11,941 1,526 1,445 2,289 2,297 54,127 54,578
Indianapolis .. 6,002 6,770 199 675 28,501 25,279 461 659
Kansas City ... 20,168 19,884 852 488 22,566 19,624 6,478 12,407
Oklahoma City 13,228 10,657 905 485 5,416 5,899 4,572 5,505
Omaha ......... 40,174 54,625 356 269 55,101 41,405 10,080 14,401
St. Joseph .... 18,140 15,868 264 161 50,226 24,556 9,575 8,859
St. Louis NSI 15,795 14,195 1,024 1,797 57,048 55,047 2,760 2,995
Sioux City .... 28,581 20,512 494 484 45,990 41,812 8,060 7,519
Sioux Falls ... 8,141 7,525 152 29 16,556 14,896 2,921 4,265
So. St. Paul .. 22,044 20,055 4,564 4,526 58,877 59,594 6,775 9,050
Total ....... 219,916 207,792 10,160 10,815 554,552 312,087 112,577 127,942
r" Ma j 12 1962 211,606 9,210 557,685 98,555
ITERICR IOwA AND SOTHERN MINNESOTA May 19, 1962 May 12, 1962 May 20, 1961
Hogs ...... 298,000 515,000 506,000*
Sheep ..... 11,500 10,900 15,500*
INTERIOR ILLINOIS Hogs ...... 95,400 116,900 90,500 *Revised.
-----.---.---------------------------------------zz
FEEDER CATTLE: AVERAGE COST, WEIGHT, AND NUMBER
S-Week ended Month .o Zr. months
1 May 17 May 10 1 May 18: Apr. I Apr. Jan-Apr.
1962 t 1962 t 1961 1962 L 1961 t 1962 t 1961
Steers 1001# up ......... 457 425 665 2,178 2,506 7,762 12,515
901-1000 ......... 1,250 1,509 2,015 8,299 7,674 51,228 55,829
801-900 .......... 2,498 2,745 2,567 12,685 12,159 51,546 53,662
701-800 .......... 3,588 5,181 4,731 18,132 17,158 54,338 64,189
501-700 .......... 7,242 9,211 10,795 56,463 47,524 158,280 184,294
Total steers 10 markets.... 15,035 17,069 20,775 97,757 86,801 505,154 348,487
Av. w t. .... 725# 714# 714# 702# 704# 714# 712#
Av. cost .... $24.14 $24.28 $22.41 $24.87 $24.05 $24.08 $24.19
U Chicago ...... 25.78 24.15 22.40 24.55 25.09 25.59 25.15
Kansas City... 24.58 24.85 22.84 25.11 24.58 24.14 24.24
9 Omaha ........ 23.68 24.20 22.66 25.06 24.05 24.538 24.18
S. St. Paul... 22.74 21.45 21.24 22.75 21.80 21.72 21.86
w Sioux City.... 25.52 25.57 23.27 26.53 25.55 25.42 25.75
Denver ....... 22.90 25.76 22.53 24.59 24.17 24.14 24.99
S Ft. Worth .... 25.94 23.45 22.00 25.80 25.18 25.44 25.56
w Oklahoma City. 25.53 23.79 20.99 24.02 25.05 25.76 25.52
S. St. Joseph. 23.94 24.42 25.88 24.65 24.72 24.10 24.10
SSt. Louis NST. 24.24 25.95 22.13 25.94 22.87 23.54 22.96
Total calves 10 markets.. 6,105 5,561 7,555 55,758 27,960 149,085 162,609
heifers .... 3,887 4,816 5,002 18,151 12,861 51,765 50,401
S cows .... 565 527 688 2,250 2,255 9,824 11,505
Not adjusted for differences in grade of cattle sold at each market.

ESTIMATED PERCENT OF FEEDER CATTLE AND SLAUGHTER COWS IN SALABLE RECEIPTS
SChi-9Kan, 1 S St. I I Sioux SSt. Indian-Den Ft. sOkla.'Wich-2 San
Week ended agosas Omaha JosephLis City Paul apolias ver Worth 'City 'its Antonio
Citys Ant- -
Feeders
Mayl 18, 1962 5 41 11 7 8 21 8 5 5 75 76 45 60
May 11, 1962 2 35 12 11 7 23 8 6 6 70 67 32 65
May 19, 1961 1 58 8 14 10 22 5 8 9 60 59 41 50
Slaughter ows
May 18, 1962 4 10 8 6 9 5 20 8 17 10 8 16 20
May 11, 1962 4 9 7 6 7 5 25 10 20 10 10 16 17
May 19.:1961 3 8 8 5 7 7 20 12 9 15 9 12 20








STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER l/
Number of head Percent of total : Average weight : Average price in
by grades (pounds) :dollars per 100 lb.
Grade ----------- -
2 Week ended
TiayV ~t --a~ ls-- Mafl -It May 8 May 17 : May 18: May 17 MWay 18
: 1962 1961 __ 62 __2 __96J _:__ 62 : 1961 : 1962 : 1961
CHICAGO


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.....


1,985
18,069
5,718
407

237
26,416

8
9,668
12,048
961
259
22.944


2,520
16,165
7,977
1,084

299
27845

41
7,957
8,804
1,579
575
18,754


S- l19~ 21-
8,955 4,224
6,085 4,641
555 1,572
159
15.751 10,458

24 27
2,474 5,490
3,616 3,755
446 849

41 22
6,601 8,145


7.5
68.4
21.6
1.6

.9


8.5
58.1
28.6
5.9


OMAHA
-- .2
42.2 42.4
52.5 47.0
4.2 8.4
1.1 2.0

SIOUX CITY
.3 7- 52


56.9
58.6
3.5
.9


40.4
44.4
15.0


.5 .5
37.5 42.9
54.8 46.1
6.8 10.4

.6 .5

&- TOUI ESY


Prime..... .....
Choice.........
Good...........
Standard........
Commercial.....
Utility.........
All grades.....


Prime..........
Choice.........
Good...........
Standard.......
Utility........
All grades.....


1,723
3,884
551

198
6,346



4,794
4,714
572

9,880


1,222
4,045
1,552

572
7,169



2,972
5,810
865

7,645


27.1
61.2
8.6

5.1


17.0
56.4
18.6

8.0


48.5 58.9
47.7 49.8
5.8 11.5


1,090
1,017
988

954
1,054



1,156
1,067
1,109

1,102


1,085
1,012
984

957
1,015


25.84
24.55
21.77

19.40
24.41


25.14
21.80
20.09

18.57
21.50


- --- --- ----
1,148 25.52 22.65
1,084 25.94 21.46
1,071 20.70 18.80

1,108 24.51 21.64


----Prime........- .. ----- -

Choice......... 5,222 4,106 75.6 81.0 1,155 1,172 25.44 22.80
Good........... 796 855 18.7 16.5 1,055 1,098 25.77 21.76
Standard....... 243 125 5.7 2.4 1,082 1,017 20.89 18.67
Utility........ -. 6 .1 1,021 16.50
All grades..... 4,261 5,070 1,152 1,156 24.90 22.54
~/ Data collected by Statistical Reporting Service, and Livestock Division, A. M. S.


1,250 1,256 28.55 25.28
1,188 1,195 26.50 25.58
1,060 1,118 24.50 22.24
1,061 1,058 21.57 19.92

1,015 1,028 19.76 18.54
1,161 1,169 25.97 25.19

1,288 1,260 26.75 25.52
1,155 1,185 25.04 22.58
1,099 1,117 235.81 21.52
1,104 1,125 20.64 18.87
1,015 1,070 19.09 17.94
S1.122 1,145 24.16 21.70

31,58 1,259 27.00 25.00
1,166 1,179 25.38 22.70
1,089 1,154 25.86 21.75
1,068 1,091 20.41 19.29
1,010 -- 19.22 -
1152 1,146 24.61 21.80

1,129 1,2537 26.61 23.51
1,145 1,151 25.51 22.90
1,055 1,077 24.17 21.79
1,048 1,055 20.77 19.26

913 909 19.06 17.58
1,088 1,105 24.46 22.05
-~ -







WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS
Cattle : Calves t Hogs Sheep and lambs
City or Area a 195 af f1 6 Tfay T 1 i6y2 T9 y 192 Tr9ay61 Tr1ay 9 T 1y"9IT
------- ~- I 1962 1 1961 1 1962 1 961 : 1962 : 1961 1962 1 1961


Boston, New York City Area .... 11,789
Baltimore, Philadelphia ....... 8,542
Cin., Cleve., Detroit, Indple 20,454
Chicago Area ................ 16,081
St. Paul- Wisc. Areas ......... 25,174
St. Louis Area ................ 11,045
Sioux City-So. Dakota Area .... 29,660
Omaha Area .................... 42,590
Kansas City ................... 14,776
Iowa So. Minnesota .......... 55,965
Loutl, Evan'l.Nash'l. Mph's ... 5,870
Georgia, Florida, Ala. Area ... 9,955
St. Jo'ph. Wichita, Okla. City. 22,058
Ft. Worth, Dallas, San Antonio. 11,970
Denver, Ogden, Salt Lake City 26,215
Los Angeles, San Fran. Areas .. 26,251
Portland, Seattle, Spokane .... 8,559


11,988
8,151
19,467
17,552
28,618
11,518
25,197
40,142
15,945
51,955
6,151
9,897
20,564
14,809
25,894
29,096
8,501


8,871 10,951 55,507 42
1,772 2,300 29,657 50
5,551 5,975 125,109 115
4,742 5,259 44,572 41
10,144 10,228 89,062 100
1,215 1,405 75,401 75
-- -- 100,158 95
196 177 86,650 79
-- 56,766 54
6,664 7,255 245,451 284
2,260 2,815 55,658 52
5,275 4,589 25,018 26
1,053 856 48,728 42
5,646 4,550 19,075 15
122 176 17,591 14
2,458 2,150 29,581 51
199 244 18,877 15
- -a m --


,051 28,127
,572 4,055
,268 15,051
,646 6,100
,789 9,679
,555 4,580
,216 9,444
,047 15,244
,542 -
,815 29,507
,099 -
,252 --
,591 8,470
,228 55,159
,221 50,995
,017 54,228
,161 5,617


Total ..................... 526,470 49,966 1,078,241 252,056
,- 005 56,848 1,093,50 288,467
Accumulation to date .......6,216,718 1,220,892 25,508,855 5,295,007
6,050,624 1,269,471 22,566,009 5,570,2538



ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
-- -- -- -- -- ---- -- -- -.- -- -.-- Pcy -jzj ~j 7 -- ---.- -- -
Beef Veal (excl. lard) and mutton : Total Total
Week ended Mum- : rod. : m- Num- : : Num- : : meat lard
bar : :brod er Prod: ber : Prhd's ber :Prod : rod. : prod.
1 000 mii.lb. 1-00 mil.ib. 1,000 mil.lb. 1,000 dil.Tb1.i ii.3 riilu1b.


May 19, 1962 ........
May 12, 1962 ........
Apr.28, 1962 1/......
May 20, 1961 T/......


244.4
241.5

257.5


9.8
10.5

11.2


1,250
1,400
1,295
1,255


176.9
198.1

177.2


15.2
15.7

14.9


444.5
465.6

440.6


--
m--
41.1
44.2


Percentage change from:
May 12, 1962 ........ 1 1 -6 -7 -11 -11 -4 -4 -4 -
May 20, 1961 ........ 5 5 -9 -12 0 0 -12 -11 1 -


Week ended Cattle Calves -Hogs and labs yield
a-ves*- -- '. per
w : : t :' .. i'" i e100 lbe
SLive Dressed-, Live esed Live .Dressed. Live .Dressed: 100 1b.


May 19, 1962 ....... 1045 611 220
May 12, 1962 ....... 1045 611 220
Apr.28, 1962 ....... 1045 606 215
May 20, 1961 ....... 1045 610 227

_/ Actual slaughter. 3/ Excludes lard.


125
125
119
127


244
244
242
247


142
142
140
141


97
97
99
98


48
48
49
48


14.5


37,975
5,506
15,247
5,666
14,298
4,281
9,811
17,452

56,871


11,154
59,929
32,148
57,495
4,856


).

L,
),

S,
),

L,

3,

i







CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
---: ----- -- North
a Chicago ; Kansas City Omaha Denver I Portland

Classification ay May May Ma May May May ; May May May
19 20 19 20 19 20 19 20 19 20
1962: 1961' 1962: 1961 : 1962' 1961 : 1962' 1961 1962' 1961


Steers -


Slaughter cattle. calves and vealers


Prime 900-1100#
1100-1500
Choice 900-1100
1100-1500
Good 900-1100


Standard

Heifers -
Choice
Good
Standard

Cows -
Commercial
Utility
Cutter
Canner


700-900#
600-800


Bulls Yrlgs. excl.
Commercial
Utility

Calves 250-500#
Choice
Good
Standard

Vealers 150-250#
Choice
Good
Standard


Steers 500-800f
Fancy
Choice
Good
Heifers 500-750#
Choice
Good
Calves -
Steer -
Fancy 500-550#
Choice "
Good 500-500#
Heifer 500-500#
Fancy
Choice
Good


27.58
28.45
26.20
26.58
25.58
21.20


25.45

20.58


16.50
15.85
15.55
15.72


25.15
25.40
23.68
25.55
21.70
19.88


25.20

19.45


16.75
16.50
16.12
14.50


25.72
25.48
25.58
20.52


25.20
22.98
19.82


16.12
15.05
15.88
12.50


25.58
23.08
21.75
19.42


25.25
21.88
19.25


16.85
16.50
15.62
14.68


26.92
27.08
25.48
25.48
25.52
20.88


25.42
22.92
20.12


16.28
15.28
14.20
15.05


24.40
24.18
23.22
25.10
21.58
19.25


25.25
21.52
19.00


17.00
16.50
15.62
14.62


19.18 19.12 17.62 18.00 17.25 18.65
18.68 19.62 17.92 18.25 17.25 18.65


29.50
27.00
22.00


24.80
25.05
19.90


29.80
26.80
21.40


23.15
21.25
18.65


27.50
24.00
20.00


27.00
MA.75
21.75


25.50
25.05
22.98



25.00





15.12
14.00
12.75



18.00


22.66
22.61
20.82
18.80


22.78
20.55
18.42



16.50
15.00
14.12



19.00


27.90
24.75
21.50


27.25
27.00
25.58
25.00


26.00
24.50
21.75



15.75
15.75
12.25



19.50


29.00
27.00
25.50


Feeder cattle and calves


26.50
24.00


27.22
26.28
24.22


26.00
25.50


27.50
24.60


- -- 24.05 24.00 24.88
-- -- 22.02 20.75* 22.75


- 50.55 --
29.08) 28 25
25.58) 28.25


- 27.55
- 25.05)
22.85)


25.50
25.50


26.50
24.00

24.00
20.25*


51.75 -
29.45) 28 75
.2.25) .5

28.25 -
26.00) 26.00
25.50)


27.25
26.00
25.50


25.50
22.75


*Mediumj and Good.
*Mediwm and Good.


24.12
25.00
22.62
20.25


25.25
21.75
19.25


16.25
15.50
14.25
15.00



20.50


50.58
28.00
25.88


- 25.75 -*
- 20.50* --


29.25



27.50














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HOGS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES I/
-------------.---- g- ^-----------.------.-------------
SST. s Eight
W e Louis s Kansass I Sioux IS. St. I S. St.sIndian-. ukta.
Week ended Chicago, Natl., City : Omaha s City tJoseph 2 Paul apolis com-
: Stock : t I a bined
t 5 Yards t : i 1 5 a


AVERAGE COST -


Dollars per 100 pounds


Barrows May 19, 1962 15.96 15.83 15.41 15.60 15.54 15.47 15.49
and May 12, 1962 15.64 15.61 15.35 15.44 15.536 15.35 15.59
gilts May 20, 1961 16.42 16.54 16.15 16.40 16.06 16.23 16.14
May 19, 1962 13.43 13.44 13.51 13.41 15.41 13.45 13.43
Sows May 12, 1962 15.26 15.59 15.54 15.52 15.49 15.51 15.46
MayJ 2 1961 15.89 14.28 14.50 14.51 14.20 14.60 14.54
AVERAGE WEIGHT Pounds
Barrows May 19, 1962 238 225 239 241 241 236 238
and May 12, 1962 256 227 239 241 241 256 258
gilts May 20, 1961 241 227 257 244 246 239 242
May 19, 1962 429 415 428 428 424 424 407
Sows May 12, 1962 448 435 428 429 405 422 405
May 20, 1961 449 419 424 418 420 415 405
NUMBER OF HEAD -
Barrows May 19, 1962 26780 50601 20466 44400 37681 26880 26436
and May 12, 1962 28191 49605 17728 45855 36772 26596 553281
gilts May 20, 1961 31191 51055 17851 34090 35585 21745 26602
May 19, 1962 2247 3602 1422 5493 4172 1983 5339
Sows May 12, 1962 5020 5305 1085 5000 4521 1712 5170
May 20, 1961 2880 3818 1166 5267 4215 1897 5761
SOWS Percentage of total
May 19, 1962 8 7 6 11 10 7 17
May 12, 1962 10 6 6 10 11 6 13
May 20, 1961 8 7 6 15 11 8 18


16.28 15.69
15.86 15.50
16.68 16.54
13.61 15.45
15.60 15.45
14.17 14.- 0


250
232
252
458
460
452


236
236
258
424
426
425


23845 257089
21627 259655
21022 259159
2635 26893
2886 26699
2795 27797


10 9
12 9
12 10


1/ Weighted average.

AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG,
COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
Week ended Hog products I/ Hog prices 2/ : Gross spread
Wee -ed -o -u -I -, ---- or margin 3/
May 19, 1962 ............ $17.70 $16.52 $1.18
May 12, 1962 ............ 17.67 16.14 1.53
May 20, 1961 ............ 18.58 17.01 1.57
1/ Value of all edible products, fresh basis (lard rendered) in 100 lb. of live
hog computed 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 ind 3 hogs, 200-220# wt. Chicago.
'/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
: Barrows and 2 Corn 2/ : Hog-corn
Week ended : gilts I/ : No.3 yeTlow s price ratio
: Dollars per : Cents per : based on
: 100 pounds : bushel : barrows and gilts
May 19, 1962 ......... 15.96 115.7 15.8
May 12, 1962 ......... 15.64 114.3 15.7
May 20, 1961 ......... 16.42 112.6 14.6

I/ Weighted average. 2/ Simple average.







BOSTON WOOL MARKET REVIEW


Prices on woolen wools at Boston were 2#
higher in an active trade. Small supplies of
greasy domestic worsted wools were slow but firm.
A fair volume of noils sold at steady rates.
In the territory States supplies were some
smaller than recent weeks and most wools were out
of first hands. Trading continued active in Texas
and a fair volume of wool sold at higher prices.
A substantial volume of wool was being shorn in the
fleece wool States and a fair quantity moved.
Midweek cables from Newcastle, Australia showed
a poor selection of mostly "B" and "C" fault wools
with Eastern Europe and Japan active and prices par
to 2, percent higher compared to the Sydney close.
A good selection of topmaking merino wools was
offered at Adelaide with Eastern Europe and Japan
dominating at very firm quotations. Good general
competition prevailed at Auckland, New Zealand with
50s-56s advancing in price while medium and coarse
crossbred wools were firm and second shear wool
irregular. The market held firm in South Africa.
Trade in South America was dull. Coarse Argentine
wools were lower.
Fleece Wools Graded medium fleece wools in-
cluding baby combing sold at $1.07 clean basis on
a core test while country buyers were paying around
560 delivered Boston for 5/8s and 1/4-blood wools
from Iowa, Minnesota and Missouri, estimated to
cost $1.07 and $1.05 clean basis, respectively.
Buyers also paid around 49-50# for fine and half-
blood wools in the fleece States. About 600,000#O
medium grade wools sold at Abingdon, Virginia at
59.880-65.65# grease basis f.o.b. Sealed bid sales
in Tennessee follow: Union City 52,000k clear med-
iums 57.48#, half-blood 49.88#; Paris 16,0007 clear
mediums 56.250, half-blood 49.580; Jackson 27,000#
clear mediums 57.58#, half-blood 49.880; Dickson
19,00D3, clear mediums 57.010, half-blood 48.510;
Fayetteville 40,000 clear mediums 57.010, half-
blood 48.510; Columbia 95,000# clear mediums 58.25#,
half-blood 49.25#.
Territory Wools Range sales follow: Wyoming,
original bag bulk 62s good French combing wool sold
at an estimated clean price of $1.15 delivered East
while small lots of fine and half-blood original
bag wools at 460-48# grease basis f.o.b. were esti-
mated around $1.08 clean basis, delivered. Colo-
rado, original bag bulk 5/8s and 1/2-blood good
French and staple brought around $1.12-1.15 clean
basis, delivered East. California, Bulk fine 8
months ewes wool brought 421-44# while fine and
half-blood spring lambs sold at 40# grease basis,
f.o.b. Local dealers estimate clean prices on
graded territory 64s at $1.25-1.26, 60/62s around
$1.17-1.18, 56/58s around $1.10 and 50/54s at $1.08.
Mohair Mohair sold at 66# for adult and from
96#-5#8T1I for kid hair to the warehouse but trade
was very slow in both Texas and Boston.
Foreign Wools Trade was dull with occasional
sales of greasy Buenos Aires combing fleeces around
75# and 56/40s lambs wool at 65# clean wool fibers
present for shipment. Cabled reports at week's
end follow with combing wools converted to clean
U. S. oil-combed yields and short wools to scouring
yields, in bond.


Australia
Oil-combed
77B $1.22
78B 1.18
79B 1.15
80B 1.12
452 1.15
453 1.04
454 1.00
4 1.94
New Zealand
Oil-combed
95 $.89
854 .87
100 .85
107 .77
114 .75
128 .74


South Africa
Scoured Yields

22 $1.10
25 1.08
27 1.07
28 1.05
52 .94
55 .92
58 .88
Montevideo Super
Skirted wools


60/64s
60s
60/58s
58/56s
56/50s
50s


$1.05-1.07
1.03-1.05
.99-1.01
.97- .99
.96- .98
.94- .96


Carpet Wools The carpet wool trade slow.
A scoured B.A. March second clip sold for ship-
ment at 641# clean fibers present. Greasy Buenos
Aires November wools were quoted around 650-660
with March wools around 62#-64# and 36/40s lambs
wool about 650. Greasy New Zealand fleeces were
offered for shipment around 69s-700, second shear
at 660 and type 702/5 crutchings at 610, all
clean wool fibers present.
Woolen Wools Sales follow:
Scoured Pulled Domestic
56s 2-5" stained $.92
Scoured Shorn Domestic
60/58s terr. lambs ch. white $1.04-1.05
58s terr. lambs white .92
56/58s lambs .86
Noils
Clear Aust. 64s nobles $.88
Semi-clear Aust. 64s nobles .86
Clear Aust. 64s schlums. .68
Clear Aust. 64s French .52
Dom. combed B. A. 48/50s nobles .50
Dom. 56s nobles .60
Wool Tops The wool tops market was rather
slow except for fleece dry-combed 54s at $1.46
and territory dry-combed 54s at $1.50 for future
delivery. Quotes follow:
Warp Aust. D/C Warp Dom. D/C
70s $1.98 $1.95
64s 1.87 1.82
62s 1.80 1.75
60s 1.73 nominal 1.67
58/60s 1.65 1.57


CLOSING FUTURES QUOTATIONS May 17, 1962
(Furnished by the Wool Associates of the New
York Cotton Exchange)
May wool tops $1.665 B
July wool tops 1.640 B
May wool 1.289 T
July wool 1.265 T










WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT IRADE REVIEW

EASTERN SEABOARD Steer beef sold weak to
500 lower along the Eastern Seaboard with sales
generally 50 lower at New York and Washington.
Cow beef was mostly steady except at Philadelphia
where a 250-$1.00 higher market prevailed. Veal
prices were very uneven, but mostly $1.00-2.00
lower. Calf prices held generally steady. Old
crop lamb carcasses were mostly $1.00-2.00
higher while spring lamb was $2.00-4.00 higher.
At New York and Washington pork loins were $1.00
lower; however, pork loins at Philadelphia were
steady to $1.00 higher and at Baltimore $2.00-
4.00 higher. Prices on other pork cuts were
largely steady along the Eastern Seaboard except
spareribs and pork butts were $1.00-2.00 higher
at New York.
Demand for kosher steer beef was only fair
and prices mostly steady. Kosher lamb prices
were fully $1.00 higher. Trading was brisk for
near normal supplies of lamb and bulk of the
supply was made up of spring offerings.
Supplies of most classes were about normal
except that the lamb volume was rather small.
The general trade was rather slow although steer
beef was fairly active early in the week. Lamb
was an exception as the trade was active through-
out the week. Clearance was near normal despite
the slow trade.

CHICAGO Steer and heifer beef sold 500-
$1.00 lower, Good to Prime veal $2.00 lower,
Standard steady, lamb $2.00-3.00 higher, pork
loins 8-16# 500-$1.00 lower, Boston butts 4-8#
500 lower, spareribs 3# down steady.
Normal supply was on hand in the beef and
fresh pork divisions, but veal and lamb offer-
ings below normal. Beef was primarily of Good
and Choice grades, and in the lamb division
45-65# carcasses were the most plentiful.
Carcass beef trade was generally a slow
affair. Rounds and ribs were very slow and both
followed a lower trend. Arm and squarecut
chucks were only moderately active, the best
action early in the period. Demand was ex-
ceptionally good for beef loins and equivalent
fabricated cuts, with some orders going unfilled.
Veal trade slow, all grades declining except
Standard which represented only small part of
the total supply. Fair demand, below normal
offerings and sharply higher replacements were
all contributing factors to higher lamb prices.
Cuts generally moved well except legs which were


slow. Fresh pork trade opened fairly active
but was slow after midweek.

PACIFIC COAST Carcass steer and heifer
beef was rather slow with prices steady to
$1.00 lower in the California area. In the
Pacific Northwest, steer beef was 25-500
lower and heifer beef largely steady. Cow
beef held steady in the Northwest but at San
Francisco was weak to $1.00 lower and steady
to 500 lower at Los Angeles. Veal and calf
sold steady to $1.00 lower. Spring lamb was
mainly $2.00-3.00 higher along the Pacific
Coast and old crop lamb was $1.00-2.00 higher
in the Northwest. Fresh and cured pork items
were generally steady; however, at Portland
volume sales of fresh hams were $1.00 higher
and $2.00 higher on sliced bacon. Volume
sales there on smoked picnics were $1.00
lower.
Supplies of all classes were generally
moderate except Choice steer beef and spring
lamb were below normal.

CARLOT MEAT TRADE REVIEW

CHICAGO, DENVER, OMAHA, NEW YORK AND
?PILAkCELJHIA Demand was rather poor for
more than normal supplies of steer and heifer
beef. Trading was slow all week as prices
declined for the fourth consecutive week.
Steer beef sold 500-$1.00 lower at most cen-
ters, but 50 lower at New York and weak to 500
lower at Philadelphia. Heifer beef was steady
to 750 lower with late sales 500-$1.00 lower
at Chicago. Cow beef was mainly steady to
25# lower, but strong at Philadelphia.
Clearance was good on cow beef, fair on
heifer beef at most shipping centers but poor
on steer beef.
Demand was good and trading active for
the limited supplies of carcass lamb and
prices again moved sharply higher. Old orop
lamb sold from steady to $5.00 higher, and
spring lamb was from $2.00-3.00 higher; and
$5.00-5.00 higher at Denver. Clearance was
good at shipping centers.
Pork supplies were fully normal and de-
mand only moderate. Pork loins sold $1.00-
2.00 lower, pork butts were 25-500 lower and
fresh hams steady to 500 lower. Pork car-
casses sold steady to $1.00 higher at New
York and Philadelphia. Clearance was near
complete.








WHOLESALEE 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 -
: May 19 : May 20 s May 19 : May 20 : May 19 : May 20 : May 19 : May 20
: 1962 : 1961 : 1962 : 1961 : 1962 : 1961 : 1962 1 1961


Steer beef -
Prime
Choice

Good

Heifer beef -
Choice


Veal -
Prime 90-120#
Choice 90-120
Good 90-120
Spring lamb -
Prime 45-55#
Choice 45-55
Fresh pork -
Loins 8-Ia#
Butts 4-8
Spareribs 31# down
Hams, smk. skd. -
Cook before eating 12-16#
Fully cooked 10-14#
Bacon, smoked, sliced -
1# package (box lots)
Picnics, smoked (Cook
before eating) 4-8#
Lard, 1# carton


46.95
44.45
44.20
41.95
42.20


60.10
51.60
48.40


45.60
41.45
39.95
58.95
38.95


59.00
49.00
45.50


45.70 41.50
45.70 41.50

43.90 44.50
53.80 56.00
41.70 42.50

43.50 45.00
45.00 46.25

48.00 49.00

30.50 34.75
13.25 16.50


43.58
42.88
41.62
41.38

43.12
45.12
40.69

55.50
50.50
47.50


-
58.62
38.25
37.75
57.75

38.50
58.50
56.88

58.25
51.25
48.25


41.25* 56.56*
41.25* 36.56*


41.88
29.50
38.00


41.70
55.19
38.50


-- 47.00
49.50 50.75

50.25 55.50

52.50 55.50
14.75 .15.00


44.75
44.25
44.00
43.25

43.62
43.50
42.25



55.00


59.62
57.62
59.38
57.88

58.62





50.25


41.75 37.00
41.75 57.00


46.50
38.00
46.75


47.00
41.00
46.50


50.50 45.50


52.50 54.50

33.00 35.00
17.50 18.00


-
43.41
45.00
42.25
41.00

43.25
42.50
--


38.88
57.25
58.12
37.19

38.50
37.44
57.69


45.00 58.00
43.00 38.00


43.62
34.58
44.00


44.00
58.25
42.25


48.50 45.25


50.50 52.00

55.88 54.00
16.25 16.81


.LU-4rVJjp F 4V*. BULK PRICES CAELOT BASIS WEEK ENDED MAY 18, 1962

Classification o e evir" F. B. ewl r 7 hF dd -a
Choie 60070 41.00-41.50 40.00-40.50 40.25-41.00 4- .00-4 .50 45.00 .50
Choice 600-700#1 41.00-41.50 40.00-40.50 40.25-41.00 43.00-43.50 43.00-43.50


Good


Heifer beef -
Choice

Good


Cow beef All weigh
Utility
Canner and Cutter
Lamb Old crop
Prime 55-4
45-5
55-6
Choice 35-4
45-I
55-6
Fresh pork -
Loins 8-1


40.50-41.00
40.50
57.50-59.50
37.50-59.50
37.50-59.50

41.00-41.50
41.00-41.50
38.00-39.00
58.00-59.00

29.25
29.00-29.50

42.00-43.00
40.00-42.00
38.00-59.00
42.00-45.00
40.00-42.00
58.00-39.00


-2 39.00-39.50


39.50-40.00
59.00-39.50

59.00-39.50
59.00-59.50

40.00-40.50
40.00-40.50
38.00
38.00

28.00-28.50


40.00-40.25
59.75-40.00

38.25-39.50
36.25-38.25

40.00-40.25
40.00-40.25
38.25-38.50
38.25-38.50

28.25-28.50
28.75


42.50-46.00* --
42.50-46.00* --
42.50-46.00* --
42.50-46.00* 40.50-41.50
42.50-46.00* 59.25-40.50
42.50-46.00* 37.25-57.50

-- 57.75-38.50


42.50-43.25
42.50-45.00
39.00-41.50
59.00-41.50
39.00-41.50


42.50-45.00
42.00-42.50

59.50-41.25
59.00-41.00

45.00-43.50
42.50-43.00


-- 31.00-31.25
-- 31.00-31.25


42.00-43.00
59.50-41.00

42.00-43.00
39.50-41.00


47.00-48.00*
46.00-47.00*
44.00-46.00*
47.00-48.00*
46.00-47.00*
44.00-46.00*


-- 41.00-41.50*


SSpring lamb.
* Spring lamb.


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

500-600#
600-700
500-600


Good


m a m- m- --1- - - -


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

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


ts -


55
55
5
5
>5









COLD STORAGE HOLDINGS OF MEATS AND LARD, APRIL 50, 1962


Red meats totaled 582 million pounds on May 1, up 30 million from a month earlier.
These stocks were 10 percent above those of May 1, 1961 and 2 percent above average.
Beef holdings at 168 million pounds declined 4 million pounds during April, compared
with a 12-million-pound increase during April 1961 and the 5-year average reduction
of 5 million pounds. Beef stocks were 9 percent above May 1, 1961 and 13 percent above
average. Total pork holdings increased 52 million pounds and were at 512 million on
May 1, about 16 percent above a year earlier, but 5 percent below average. During
April 1961, stocks increased 26 million pounds; the average increase is 28 million.
Frozen pork increased 36 million pounds to 272 million on May 1, while cooler pork
declined 4 million pounds to 40 million pounds.


UNITED STATES STORAGE HOLDINGS OF MEATS AND LARD, Apr. 50, 1962 WITH COMPARISONS
(Includes holdings in public, private and semi-private
cold storage houses and meat packing plants)
S- -- ---------------- -- -


Cmdt+ : April
Commodity 1957-61 av.,
1,000 lb.


157,141
11,150
148,271


Beeft
Frozen .
In cure and cured


Total . .


April
1961
1,000 lb.


145,781
10,179
155,960


March t April
1962 : 1962
1,000 lb. 1,000 lb.


161,184
10,946
172,130


154,295
15,579
167,874


Pork, frozen:
Picnics .
Hams .
Bellies .
Loins
Jowls .
Butts .
Spareribs .
Trimmings .
Other pork .


* a a a ~
a. a a C ~

* a ~ ~ ~ a .
. a ~ a a.
* a ~ a a a


Pork in coolers
Dry salt bellies .
Other dry salt pork
Other pork cuts .


Total .
Total pork .


Other meats and meat products
Veal, frozen . .
Lamb and mutton, frozen 0
Canned meats in cooler:
Hams . .
Other meats . .
Total all mats .
Lard. rendered and refined 5/


11,249 3,806 7,295 12,144
56,594 48,405 59,584 36,884
104,885 79,883 84,599 96,784
/V 9,892 10,092 14,815
S9,876 7,152 9,557
5,675 4,977 6,819
10,367 15,521 16,821
19,159 17,564 18,840
102, 5 46,649 51,180 59,494
275,555 233,688 255,762 272,158

11,249 5,521 6,766 7,163
7,515 5,765 5,556 5,478
55,046 24,820 51,6435 27,530
51,810 56,104 45,945 59,971
527,163 269,792 279,707 512,109

11,174 12,598 8,464 7,799
12,087 22,0355 18,287 18,875

(74,985 46,860 49,550 48,409
( 23,718 24,504 27,524

573,680 528,761 552,422 582,588


GOVERNMENT HOLDINGS 5/ 129,899 155,100 104,500 4/
Pork ...... 5,106 2,408 2,405 1,353
Beef ..... 5,950 2,672 2,194 1,544
1/ No historical data available. 2/ Includes other canned meats. 5/ In dry and
Eold storage as reported by Bureaufof Census. 4/ Not available. 57 Government
holdings are included in the totals and consistoaf reported stocks-held by
U. S. D. A., the Armed Services and other Government Agencies.


Total . .


. .
* .
* .







UNITED STATES EXPORTS OF MEATS

Commodity March : March
EXPORTS (Domestic) Pounds Pounds


662,455 892,153
1,076,626 1,517,279


Beef and veal -
Fresh or frozen (except canned) .............................
Pickled or cured (except canned) ............................
Pork -
Fresh or frozen (except canned) ............................
Hams and shoulders, cured or cooked .......................
Bacon ....... .................. ..............................
Pork, pickled, salted or otherwise cured, ...................
Sausage, prep. sausage meats, etc. (exc. canned) ............
Other meat and meat products (except canned) ...............
Beef and pork livers, fresh or frozen ..........................
Beef tongues, fresh or frozen .................................
Other variety meats, (edible offal) ex. and. .................
Meat specialties, frozen, n.e.c. .............................
Canned meats -
Beef and veal ............................. ........ ........
Sausage, prep. sausage meats, etc. .............................
Hams and shoulders ............................................
Other pork canned .............................................
Other meat and meat products ..................................
Lamb and mutton (except canned) .................................
Lard (includes rendered pork fat) ..............................
Shortenings, chief wt. animal fat (excl. lard) .................
Tallow, edible ..................................................
Tallow, inedible ................................................
Inedible animal oils, n.e.c. ...................................
Inedible animal greases and fats, n.e.c ........................


2,400,235
505,805
589,955
1,159,565
141,866
55,876
4,612,794
2,666,679
3,259,378
472,059

160,088
121,845
26,075
117,106
89,970
209,416
55,898,889
585,645
125,702
140,088,742
594,650
14,557,502


Compiled from official records, Bureau of the Census.

UNITED STATES EXPORTS OF LIVESTOCK
: March : March
1962br _A9 _
-------------------------------1--- 62 -Nu- 1P1-r
Cattle (for breeding) -
Dairy ......................... 855 954
Ex. dairy ..................... 1,052 1,070
Other (ex. for breeding) ...... 129 289
Hogs ............................ 36 2,162
Sheep ........................... 1,265 2,780
-----m--------------------------
Compiled from official records, Bureau of the Census.


RETAIL SAIES VALUE COMPARISONS OF 600-POUND CHOICE GRADE BEEF CARCASSES*
April 1962
High Intermediate Low


Percentage of carcass weight in retail cuts
Retail sales value per cwt. of carcass


78.9%
$67.66


74.53
$64.16


69.65
$60.65


*These values reflect differences in the percentage of retail cuts from carcasses within
the Choice grade. The high and low groups do not represent extremes, but rather are in-,
tended to represent carcasses typical of the upper and lower thirds of the total range in
retail cut yields encountered in 600-pound Choice grade carcasses. Values are calculated
from prices furnished to the Marketing Economics Division of the Economic Research Service
by a large number of selected retailers throughout the country.


2,249,898
228,780
402,408
1,222,994
124,220
85,559
4,527,419
2,886,063
3,405,969
567,272

194,115
61,182
48,037
114,248
146,115
697,649
55,560,252
547,124
257,799
107,949,912
250,581
9,801,712




UNIVERSITY OF FLORIDA


U. S. Department of Agriculture Postage and fees paid
Washington 25, D. C.

OFFICIAL BUSINESS

Form AMS-5/22/62
Permit 1001.


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





_---- -- -- --- -- -- -- __o ----------,-----_.-_ ----_ -
SHEEP AND IAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
?Kansas : Fort *North
Classification : Chicago: Omaha :City : orth :Denver : Ogden :Portand
: : -
SIAIUGHTER IAMBS: (Spring) 75-105#
Prime May 19, 1962 ... 22.28 22.16 22.76 21.75 20.62
MaZ 20 1961 ... 19.80 18.22 18.12 18.88 -- 17.50
Choice May 19, 1962 ... 21.08 21.65 20.25 21.50 20.88 20.25
Maz 20A 1961 ... 19.00 17.68 17.70 17.10 17.72 17.38
Good May 19, 1962 ... -- 20.82 18.05 19.45 -
May 20 1961 ... 18.00 -- 16.60 16.45 16.62
SLAUGHTER IAMBS: (Shorn) 80-11Q#
Prime May 19, 1962 ... -- 19.15 15.62
Maz 20 1961 ... -- -- 15.68 -
Choice May 19, 1962 ... 18.25 18.02 15..5 -- L-.-
May 20 1961 ... 15.58 14.72 14.85 12.55 14.80 14.25
Good May 19, 1962 ... 17.25 15.00 14.88
May 20. 1961 ... 14.50 13.42 15.60 11.55 15.68 12.50
EWES: (Shorn) 90-150#
Good May 19, 1962 ... 4.50 4.88 5.50 6.00 6.51 5.00
Good & Ch. May 20- 1961 ... 5.48 5.22 4.00 -- 5.62 5.44
Utility May 19, 1962 ... 5.00 4.88 4.75 5.?25 5.61 -- 5.75
Cull & Util.Maz 20. 1961 ... 5.05 4.22 5.00 4.50 4.12 5.69
Cull May 19. 1962 ... 4".50- -5.75 4.o00 4.80 ~ TI.0 5-.00o
FEEDER IAMBS: (Wooled) 60-80#
Fancy May 19, 1962 ... -- 2 8.50 -
Choice May 19, 1962 ... 14.75 17.62 2.75
Good & Ch. MaZy20 1961 ... -- 14.00 10.55 -
Good May 19, 1962 ..... .- /.1.95 -- 2. 25
Wooled basis. 2/ Spring feeder lambs. / Shorn basis.