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
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The Division
Place of Publication:
Washington, D.C
Publication Date:
Frequency:
weekly
regular

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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 )
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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).

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University of Florida
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All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004691915
oclc - 04512121
lccn - sn 87043107
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lcc - NOT IN LC
ddc - 338.105
System ID:
AA00008493:00035

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/ET
U.S. DEPARTMENT OF AS I ULT RI
WASHNINGTON 15, 0. o
Vol. 30, No. 27
Week ended June 50


.Livestock Market Reviews . .
Livestock Market Receipts .
Feeder Statistics . . .
Estimated Percentage of Feeder Cattle and Slaughter Cows


in Salable Receipts . .
Steer Sales Statistics . .
Slaughter at Major Centers .
Estimated Slaughter and Meat Production
Cattle Prices .* .
Hog Prices .. . .
Hog Purchase Statistics .* *
Sheep and Lamb Prices . .
Wholesale Meat Trade Reviews .
Wholesale Dressed Meat Prices .
Wool Market Review . .


* .


* .


* *


* S .
. .
. *
. .
. .
. .
. .o .


special to this issue
Federally Inspected Slaughter, by Regions, May 1962 .
Federally Inspected Slaughter and Revised Estimates of
Meat Production, May 1962 . .
Classification of Livestock Slaughtered, May 1962 .
Percentage Distribution by Classes of Cattle Slaughtered
Under Federal Inspection, May 1962 . .
United States Federally Inspected Slaughter and Meat
Production, May 1962 . .
Commercial Livestock Slaughter and Meat Production, May 1962
Meats Graded or Accepted, by Grades, May 1962 .
Meat and Meat Food Products Inspected When Offered for
Importation, May 1962 . . .
Effective Parity Prices, June 15, 1962 . .
Prices Received by Farmers, June 15, 1962 .


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a. -*lagu





MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


The number of slaughter steers and heifers
sold out of first hands at the seven markets
totaled 98,300 head, the smallest in ten weeks,
and 15 percent smaller than the corresponding
week last year. Slaughter steers and heifers
sold steady to 50f lower while cows were steady
to $1.00 lower. Barrows and gilts were uneven
mostly steady to 25# lower although at some
midwestern centers prices were steady to 25f
higher. Spring slaughter lambs sold $1.00-2.00
lower.

SLAUGHTER CATTLE AND CALVES Slaughter
steers and heifers opened the week on a lower
note but at most markets at least part of the
price ground lost early was regained and at two
centers final prices were steady to 25# higher.
However, general price levels at the week-end
were still steady to 50# lower. The stronger
trend after Monday reflected curtailed receipts
and higher dressed beef prices at midwest whole-
sale centers. The percentage of cows in sup-
plies increased moderately as did the percentage
of feeders. Cows closed unevenly steady to
$1.00 lower, mostly 25#-$1.00 lower. Bulls
sold on a steady basis while vealers were weak
to $2.00 lower. Fully 6 percent of the steers
in Chicago Prime, a slight increase compared
with the previous week, but Good to average
Choice predominated as usual at most markets.
Slaughter steers averaged lighter in weight
and at several markets average weights were
the lightest for any week in over two years.
Slaughter steers: High-Choice and Prime
1100-1350# slaughter steers $26.00-28.00 in
Chicago, five loads $28.00. At other markets
Choice steers bulked at $24.00-25.50, a few
loads high-Choice and Prime reaching $26.00.
Bulk Good steers $22.00-24.50, some Standard
grade selling down to $19.50.
Slaughter heifers: Several loads high-
Choice and Prime heifers $25.50-26.00 in
Chicago. Bulk Choice heifers $23.50-25.25,
Good largely $21.50-24.00 and a few Standard
as low as $18.00.
Slaughter cows: Utility and Commercial
cows $14.50-17.50, bulk Canner and Cutter
$12.00-15.50.

FEEDER CATTLE AND CALVES Receipts of
feeder cattle and calves at terminal markets
continued seasonally limited as the month of
June drew to a close. Over-all quality was
typical of this time of year with a fairly
large percent of supplies made up of Good and
mixed Good and Choice shipments and moderate
numbers of Medium and low-Good while high-
Choice and Fancy grades were marked by relative
scarcity. Although wheat harvesting and other
field work tended to curtail attendance of
country buyers at most midwest markets, demand


was fully adequate to provide outlet for the
numbers offered. In fairly active trading
prices generally were maintained on a firm basis
and at Wichita were steady to 50# higher.
Feeder steers: Good and Choice 800-1050#
bulked $22.00-24.50, few loads Choice 800-850#
$25.00-25.75 and occasional sales, mostly low-
Good, 950-1000# $20.50-21.50. A moderate number
of partly fattened two-way type steers were pur-
chased for further feeding. At Sioux City
Choice, fleshy, 900-1025# brought $23.50-24.25.
Good and Choice 550-750# ranged $22.50-28.00,
majority $23.50-27.50. Two loads Choice 715#
were included at $27.25 and a package Choice and
Fancy 723# at $28.00. Medium and mixed Medium
and Good 550-750# $18.50-24.00; few loads 800-
925# Holsteins included at $18.50-19.25.
Feeder heifers: Few Choice around 550#
reached $26.00 but most sales Good and Choice
525-700# $22.00-25.00. Scattered sales Medium
and Good $18.00-21.50, load mixed Medium and
Good 683# included at $20.00.
Feeder calves: Bulk Choice 300-550# steers
$27.00-32.00; few Choice and Fancy $33.00. Good
and mixed Good and Choice $24.00-29.00. Several
loads Choice 350-400(V heifers $29.40-29.50; bulk
Good and Choice 350-5004 heifers $22.00-28.50.

HOGS Terminal markets Hog prices de-
veloped an irregular pattern around the market
circuit. The divergent factors were moderate
supplies Wednesday and Thursday and a bearish
dressed trade that followed several weeks of
advancing prices. Compared with the previous
week's close, barrows and gilts were steady to
25# lower, except steady to 250 higher at
Chicago, St. Paul, St. Louis and Kansas City.
Sows at Indianapolis and St. Paul were 50#-$1.00
higher, while at other major terminals prices
were steady to 25# higher except steady to 25#
lower at Omaha and Sioux City. The 12 market
receipts were 5 percent less than the previous
week but little different than year ago. Sow re-
ceipts remained on the increase, ranging from 8
percent at Kansas City to 26 percent at St. Paul.
Barrows and gilts: In the Eastern part of
the area most U. S. 1-2, 190-2401 $18.75-19.50,
No.1-3, 180-240# $18.25-19.00. In the West, No.
1-2, 190-240# $18.25-18.75, No. 1-3, 180-240#
$17.50-18.25.
Sows: No. 1-3, 270-400#1 $14.50-15.50 with
selected lots 1-2, 270-330# reaching $15.75-
16.00. No. 1-3, 300-400,# $15.00-17.00 at
Indianapolis. No. 2-3, 400-55CQ $13.25-14.75,
up to $15.25 in the East.
Feeder pigs were steady at St. Paul with
Choice 120-170// selling at f16.00-16.50. Prices
were steady to 25# higher at Sioux City with
Good and Choice 130-170# selling at $15.00-
16.00.
Interior Iowa-Southern Minnesota receipts








totaled 256,000 head compared with 277,000 the compared with 15,000 a week earlier and 17,400
previous week and 290,000 the corresponding last year. Sharp price declines on slaughter
period last year. Daily supplies were usually lambs featured trading with the downturns influ-
short of the demand and prices strengthened enced by major price losses suffered by dressed
slightly until Friday, wheq a general price lamb. Choice and Prime spring slaughter lambs
downturn more than erased the advance. Compared closed $1.00-1.50 lower than the previous week.
with the previous Friday, closing sales on Old-crop slaughter lambs and yearlings sold
barrows and gilts were steady to 250 lower, sows $1.00-2.00 lower. Slaughter ewes were weak.


mostly 10-25S lower.
Barrows and gilts: On Friday, U. S. 1-5
200-240# sold from $16.75 to $17.75, most No. 1
and 2 $17.50-18.00.
Sows: Most U. S. 1-3 270-400# $14.00-
15.25, few No. 1-2 270-300# $15.25-15.65; No.
2-3 40C-550# $12.25-14.40.
Interior Illinois Receipts totaled
74,400 head compared 98,100 head last week and
77,900 head a year ago. Demand early in the
week good but rather poor late. Supply mostly
190-250# barrows and gilts, with a small in-
crease in weights under 200#. Sows made 6-9
percent of run. Barrows, gilts and sows during
the week sold steady to 50# mostly 25-500 high-
er.
Barrows and gilts: On Friday, No. 1-3
190-255# $17.75-18.50, some 200-230# $18.50-
18.75. Sorted No. 1-2 190-230# $18.85-19.00.
No. 1-5 220-250# $17.00-17.75. No. 2-3 250-
28CV $16.25-17.00.
Sows: No. 1-3 250-400# $13.25-15.50. No.
2-3 400-6001 $12.25-13.75.

SHEEP AND LAMBS Receipts at the 12
markets totaled 70,000 head, compared with
80,000 the previous week and 72,000 a year ago.
The moderately reduced marketing were primarily
spring slaughter lambs; old-crop offerings
were virtually absent at most points. Severe
price losses on slaughter lambs featured the
week's activity with the downturns in sympathy
with sharp declines posted on dressed lamb.
Spring slaughter lambs were $1.00-2.00 lower
than the previous week's close with lambs under
80C at the full decline. Old-crop slaughter
lambs and yearlings were mainly 500-$1.50 lower.
Slaughter ewes closed steady to 75# higher.
Limited numbers of spring feeder lambs sold
steady to weak.
Spring slaughter lambs: Choice and Prime
79-106# $22.00-24.00, few 325.00 on early rounds
but late sales $20.50-23.00, many $21.00-22.50;
Good and Choice 78-ln6s $18.00-21.00.
Old-crop slaughter lambs and yearlings:
Shorn, Choice 80-110# No. 1 and fall shorn pelts
$17.00-19.00 late, occasional load $20.50
earlier in the week.
Slaughter ewes: Shorn, Cull to Good $3.00-
6.00, few $6.75.
Feeder lambs: At Denver, Fancy 92-95-
spring lambs $19.30-19.90, Choice and Fancy
61-98# $16.40-18.80. At other points, Choice
and Fancy 52-7B& $15.00-17.50; two decks 52-
68W $18.00-18.25 at Sioux City.
Interior Iowa-Southern Minnesota area
sheep and lamb receipts totaled 15,900 head,


Spring slaughter lambs: Choice and Prime
80-105-# $20.50-21.50 late delivered to packers,
few high-yielding $22.00; Choice 70-85# $18.00-
20.50. Good and Choice 80-100# $18.00-21.00.
Old-crop slaughter lambs and yearlings:
Shorn, Good and Choice 80-115# No. 1-3 pelts
$16.00-18.50 late, few .19.00 earlier.
Slaughter ewes: Shorn, Cull to Good $2.50-
4.50.

RANGE AND FEEDIDT 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 -
Trading on slaughter steers and heifers was
moderately active at steady prices. Feeder
cattle and calves sold steady to weak. Spring
slaughter lambs were weak. Some contracts for
mid-July to November delivery of both slaughter
and feeder cattle.
Slaughter steers: California: Choice 950-
1050# $27.00, mostly Choice 950-1100# $26.50-
26.75. California and Arizona, Good to mostly
Choice 950-1225# $25.50-26.25, Good and Choice
900-1150# $24.00-25.25, Standard and Good
$21.50-23.75.
Slaughter heifers: California and Arizona,
Good to mostly Choice 715-1000# $25.40-26.00,
Good and Choice $23.00-25.00. Utah, Choice 800-
950# $24.50-25.35.
Feeder cattle and calves: Choice 340-490#
steer calves $26.00-29.70, heifer calves $23.00-
24.50; Good and Choice 675-750, steers $21.00-
24.50; Choice 440-650# heifers $21.00-23.25.
Spring slaughter lambs: Choice and Prime
95-107# with No. 2 pelts $22.00, 119-123#
$21.50; Choice 98-103# No. 2 and 3 pelts
620. 50-21.50.

COLORADO, SOUTHERN WYOMING, WESTERN KANSAS
AND WESTERN NEBRASKA Trading direct at feed
lots on slaughter steers and heifers very slow,
both classes steady to 25# lower. Declining
dressed beef prices and the loss of one day' s
slaughter next week due to the Fourth of July
holiday had a bearish influence on the live
trade. Most packers in the area evidently in-
tended to take advantage of the shortened work
week and cut back their kill waiting for some
price reaction in the dressed trade before in-
creasing inventories of live cattle.
Slaughter steers: Colorado: 300 average
to high-Choice 1050-1150# ,25.25-25.40, 1,100








Choice 1000-1225# $24.25-25.00; 50 Choice 1200#
$25.00 f.o.b. loading point to West Coast pack-
er; 300 Good and Choice 1000-1200# $23.75-
24.25, few mostly Good 975-1100# $21.50-22.50.
Nebraska: 175 Choice 975-1150# $24.75-25.00.
All steers 4 percent shrink and bulk delivered


Feeder classes:
and Fancy 600# steers
livery, 2,000 Choice,
$28.00-29.00, heifers
Central Texas.


July delivery, 400 Choice
$25.00; July-August de-
few Fancy 440-500# steers
$26.00-27.00 in West


to packing plant within 10 days, unless other- OREGON AND WASHINGTON Slaughter cattle
wise stated. Wyoming: 100 high-Choice 1150# steady, feeder cattle and calves slow due to
$25.25-25.50 to Eastern packer f.o.b. loading recent price declines in slaughter trade.
point. Considerable movement spring slaughter lambs
Slaughter heifers: Colorado, 120 Choice $1.00-2.00 lower.
90C-06C4 $25.25 early in the week, 1,200 Choice Slaughter steers: Washington, Good to
P5r.- L4 $24.50-25.00. 250 Good and Choice mostly Choice 1000-1215# $25.75-26.75 mostly
8c'-9q25- $23.75-24.50, all heifers 4 percent Good, 950-975# $25.00. Standard and Good 1075-
shrink and most delivered to packing plants. 1150# Holsteins $22.50-22.75, some at 4-5 per-
Nebraska: 30 Choice 960# $24.25 f.o.b. loading cent shrink. Oregon, Good to mostly Choice 950-
point to Denver packer. Wyoming: 60 Choice 1175# $26.50-27.00 delivered, some guaranteed
950# $25.00 f.o.b. loading point to Eastern 61 percent yield, through August delivery.
packers. Slaughter heifers: Washington, mostly
Feeders: Sales confirmed on only 300 head, Choice 850-900# $24.00-25.00, some sold late
most interests very cautious in view of present last week, 4 percent shrink, current to late
trend in slaughter trade. 300 Choice 75('-,''-" July delivery.
steers $23.50-23.75. Feeder cattle: Oregon, mostly Choice 750-
92c4 steers $22.50-24.50. Medium 600-800#
NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA, Holstein steers $19.00. Choice and Fancy 600-
SOUTHWESTERN KANSAS Clovis Area Trading on 650# heifers $21.00-22.00, September and October
slaughter steers and heifers rather slow, moder- delivery. Mostly Choice 800# heifers $20.50.
ate volume moved at steady prices. Feeder Mostly Choice 400-450# steers $26.00-27.00,
cattle slow, prices about steady. Spring slaugh- heifers $24.00-25.00, October to November de-
ter lambs $1.00-1.50 lower; old-crop shorn livery.
lambs steady to 50f lower; slaughter ewes Spring lambs: Washington, Choice and
about steady; feeder lambs weak to 500 lower. Prime 91# slaughter $22.00. Good and Choice
Slaughter steers: Five loads mostly Choice white face feeders $15.00 August delivery.
1180-12759 t24.65; 1,600 head mostly Choice, Oregon, Choice and Prime 95-100# range slaughter
1025-1200.4 ,24.25-24.50; many sales mixed Good lambs $21.00-21.25 at country points. Choice
and Choice 995-1125? $23.75-24.25; six loads and Prime spring slaughter lambs $20.00-20.25
mostly Good lO00-]oSr- $23.00; 300 mostly delivered. Choice and Prime slaughter $19.50-
Standard and Good 900-950!/ $22.25-22.50. 19.75 to Idaho. 850 Choice and Prime near 90#
Slaughter heifers: 400 mostly Good 650- $18.00-18.25 f.o.b. Choice to Fancy feeders
750# C23.00-23.50. expected 85-90# $15.50-17.50 July through
Feeders: For immediate delivery, 800 Good September delivery. Montana, Choice and Prime
and Choice 550-6 steers -'5.00-23.25; 400 range slaughter lambs 100-105# $21.25, trailed
mostly Good, 6r.-6.:.' steers $22.25-22.50; 200 20 miles 4 percent shrink. Choice and Prime
Good and Choice 45C-47r0 heifers $??.5 -25.00; slaughter and Choice and Fancy feeders $18.75
300 Medium and Good 400-460Y heifers $22.00- f.o.b. overnight stand.
22.25.
Slaughter lambs and ewes: 1,700 Good and MONTANA AND NORTHERN WTYOMING Practically
Choice including a few Prime 75-8'; spring no sales of fed cattle, feeder cattle and lambs
lambs $18.50-19.00, small number at $20.00. were confirmed despite fairly broad inquiry.
13,000 Utility and Good slaughter ewes $4.50- Most growers not ready to sell feeder cattle
5.50; 15,000 feeder lambs, Good and Choice 65- with so much grass available and sheepmen like-
721# Z5.00-15.50, few Choice $16.00. Other wise maintained a strong hold upon feeder lambs.
Medium and Good c-P5r feeders $13.50-14.00. Some growers are waiting until after the Fourth
500 Good and Choice old-crop feeder lambs with of July holiday to price stock. However, a
No. 1 pelts $13.50-15.50. large volume of wool sold in the area at mostly
Amarillo area Slaughter steers and heif- steady prices, following considerable buying
ers moderately active, steady. Trading limited activity last week.
on feeder cattle and calves at steady prices. Wool: Montana, 105,000# 48.29# grease,
Slaughter steers: 200 mostly Choice 1V-. mostly fine and half blood, Good French and
$24.75; 315 Good and Choice 1175-1185j $24.50- staple, average shrinking, estimated cost $1.20
24.65; 100 mostly Good 1," 2?4.30; 75 Good clean delivered East. Total 125,000 half blood,
InO0-1,-',' $23.00. light shrinking, 52.75 to 54.0# grease. 75,000#
Slaughter heifers: 50 mostly Choice 467- half blood, good French 46.0-47.0# grease.
p24.25; 140 Standard and Good 650N 123.25- 45,-n'", fine and half blood 48.0# grease. South
23.75. Dakota, l,Ano,non; largely half blood $1.16-


1.18 clean delivered East.






WEEK RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
S Ca -------_ Calves 1 .. Sh
Market Junie 50 July1 s Jume 50 ,July l I June 50 t July I 1 June 50
1962 3 1961 t 1962 1961 1 1962 1961 1962 t
Chicago 7....... 32,054 58,678 128 254 54,194 29,660 5,055
Deawer ........ 6,872 9,704 52 108 5,924 4,842 6,901
Fort Worth .... 6,511 9,964 955 1,878 1,849 2,415 15,645
Indianapolis .. 6,207 7,550 526 907 22,720 25,281 2,185
Kansas City ... 15,557 14,740 829 568 16,975 17,715 6,447
Oklahoma City 9,709 8,806 1,165 797 5,652 5,119 2,542
Omaha ......... 55,708 36,202 400 250 45,195 41,695 8,574
St. Joseph .... 14,624 15,305 546 542 26,596 22,016 5,588
St. Louis NSr 15,525 14,825 1,546 1,840 45,717 50,681 5,954
Sioux City .... 26,503 27,915 1,150 956 59,904 56,922 6,975
Sioux Falls ... 9,489 9,172 59 161 15,909 17,155 4,911
So. St. Paul .. 17,872 25,256 5,690 4,306 59,255 42,177 5,458
Total ....... 190,411 214,115 10,804 12,127 295,688 295,674 70,175


lambs
July 1
1961
5,622
6,425
15,535
2,182
5,689
1,705
10,187
6,580
5,656
5,526
5,708
7,566
71,761


t June 25 1962 199 870 9 857 W08.,40
-- -2-,962- 192870- --------- --------- 0240. ------------ -
nITRIOR IWAL AMD SOwOTrH NM INESOTA June 30, 1962 June 25, 1962 July 1, 1961
Hogs ...... 256,000 277,000 290,000
Sheep ..... 15,900 15,000 17,400
INTERIOR ILLINOIS Hogs ...... 74,400 98,100 77,900
- a m m m -a - -em m m -m -m m in ~ m e -m -- -
FNEDiR CATTLEs AVERAGE COST WEIGHT, AND NUMBER
---------------- -g -^ ---- ------------------
t Week ended I
Jiome 28' June 21 June 29
1962 1962 1961 2
Steers 1001# up ......... 899 264 250
901-1000 *........ 781 1,075 1,228
801-900 .......... 5,012 1,695 2,550
701-800 .......... 2,985 1,929 3,024
501-700 .........._ _
Total steers 10 markets.... 14,961 9,225 12,642
Av. vt. ..** 7253 755# 723#
Av. costu .... $25.47 $25.64 $21.86
S Chicago ...... 25.95 25.65 22.58
U U Kansas City... 25.07 25.50 21.26
Omaha ****....... 25.91 235.97 22.14
S. St. Paul... 21.12 22.95 21.44
Sioux City.... 24.91 24.75 22.78
U Denver ....... 25.17 22.19 20.46
U U Ft. Worth .... 22.94 22.99 21.58
Oklahoma City. 25.29 25.22 21.94
U U U S. St. Joseph. 25.80 25.74 21,85
SSt. Louia NST. 25.95 22.97 21.54
Total calves 10 markets.. 9,846 6,196 7,961
S eifere .... 2,291 2,108 2,382
S cowes .... 689 555 555
Not adjusted for differences in grade of cattle sold at each market.

ESTIMATED PERCENT OF FEEDER CATTLE AND SIAUGTER COWS IN SALABLE RECEIPTS --
S Chi- -'an S' St. 'Siou IS. St.sIn ian,_'o- Ft. 'kla.wich-' San
Week ended I agoso som.ha Joseph ui, City Paul tapolis ver oth W ICity its Antonio

Feeders
- -- -- -- ---- r- v -- -- -I- I- yt~zs -- -- -- -- -- -- -- -- I-- -- -- -

June 29, 1962 1 50 8 10 7 25 8 6 15 65 70 50 70
Jvne 22, 1962 1 25 8 8 6 18 8 5 5 70 65 18 65
fiue 30, 1961 1 25 7 6 8 22 5 8 6 75 57 25 65
Slaughter cows
June 29, 1962 5 17 8 8 15 7 15 12 15 15 12 22 15
June 22, 1962 5 15 8 8 11 6 15 10 20 15 10 25 18
June 50, 1961 4 10 8 7 10 8 25 10 12 20 10 19 15
----------------------------------------------!-








STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER VI
Number of head percent of total Average weight Average price in
by grades : (pounds) ;dollars per 100 lb.
Grade -- 1


-- 1962 : 1961 :1962 : 1961 1962 :1961 :1962 : 1961
CHICAGO
Prime.......... 1,579 3,832 6.4 12.5 1,252 1,279 26.95 23.47
Choice......... 16,459 18,499 67.2 60.4 1,178 1,204 25.54 22.68
Good........... 5,586 6,445 22.8 21.1 1,082 1,164 23.97 21.74
Standard ...... 705 1,450 2.9 4.7 1,052 1,091 21.33 20.60
Commercial..... -
Utility........ 154 590 .7 1.5 1,008 1,020 20.13 19.51


All grades.....

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

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

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


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


24,485

168
8,166
9,075
1,020
32
18,461_ _

63
8,485
4,298
737
241


30,616

145 .9
11,638 44.2
7,066 49.2
1,562 5.5
302 .2


OMAHA
.7
56.2
34.1
7.5
1.5


20,715
SIOUX CITY
.5 -
6,224 61.4 45.8
6,388 31.1 47.0
982 5.3 7.2
1.7 -


15,824 15594

24 50 .5 .7
2,509 3,790 55.0 51.9
1,746 2,801 58.3 38.3
258 624 5.5 8.5

43 43 .9 .6
4 560 7,508
-- -- !oUI- NS-


1,521
5,573
172

62
5,128


2,401
3,808
517

145
6,871


25.8
69.6
5.4

1.2


55.0
55.4
7.5

2.1


1,156 1,197 25.05

1,175 1,169 25.60
1,1355 1,177 24.42
1,069 1,082 25.59
1,076 1,114 20.57
1,045 955 18.90
1 .1098. 1.36 23.72

1,215 -5
1,135 1,186 2:.27
1,066 1,160 23.06
1,056 1,082 20.21
998 19.10
1,107 1- 166 25.63

1,125 1,088 25.62
1,152 1,143 25.06
1,047 1,016 23.86
1,025 1,022 20.94

988 955 19.55
IL095 1,083 24.57


1,091
1,050
1,016

1,020
1,045


1,091
1,018
996

976
1,041


25.00
24.15
21.78

19.10
24.25


22.47

22.93
21.90
21.02
19.53
18.39
21.59


22.03
21.16
18.71

21.40

25.05
22.55
21.37
18.96

17.58
21.71


22.55
21.71
20.15

18.81
21.85


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


4,421 3,815
2,692 2,927
502 282
30
7,415 7,054


59.6 54.1 1,112 1,128 24.77 22.15
56.3 41.5 1,057 1,116 25.55 21.05
4.1 4.0 1,064 1,134 20.27 19.14
.4 999 17.58
1,090 1,122 24.08 21.55
Th -FA-------------------


Prime............. ..- .. -
Choice......... 2,393 3,607 77.4 79.5 1,132 1,175 25.00 22.40
Good........... 690 779 22.3 17.2 1,089 1,152 235.97 21.15
Standard....... 9 152 .3 5.3 888 1,040 18.62 18.22
Utility ........ -.
All grades ...... 3o092 4,538 i121- 1165 24.76 22,06M _
/ Data collected by Statistical Reporting Service, and Livestock Division, A. M. S.


- -- -- 1 1- -ST.-J -






WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS
---a*------------------------------,q------------------------------
I Cattle : Calves : Hos 'Sheep and lambs
City or Area tJun 30rufY T Tjne T0O TuTylITJi'N 70T yu!y'iTJ7Me S'O TuIy-1"
: 1962 : 1961 : 1962 2 1961 : 1962 : 1961 : 1962 t 1961


Boston, New York City Area .... 12,501 13,578 10,298 11,701 31,570 54,755
Baltimore, Philadelphia ....... 8,401 9,055 1,770 697 25,175 27,127
Cin., Cleve., Detroit, Indpls 20,668 19,631 4,995 4,254 108,549 96,557
Chicago Area ................ 17,755 16,679 6,608 5,155 44,488 52,060
St. Paul- Wise. Areas ......... 24,118 50,517 8,557 10,766 76,607 79,662
St. Louis Area ................ 11,746 11,805 1,850 1,573 56,825 66,052
Sioux City-So. Dakota Area .... 29,941 28,989 -- -- 82,470 85,925
Omaha Area .................... 8,701 59,729 85 125 74,264 74,420
Kansas City .................. 15,856 15,516 -- -- 28,799 30,920
Iowa So. Minnesota .......... 36,550 34,507 6,646 6,089 215,008 224,755
Lou'l, Evanfl.Nashtl. Mph's ... 5,815 7,047 2,117 5,105 45,597 48,148
Georgia, Florida, Ala. Area ... 10,261 9,874 2,887 4,042 22,181 20,708
St. Jo'ph. Wichita, Okla. City. 18,708 19,184 1,209 855 41,775 46,659
Ft. Worth, Dallas, San Antonio. 10,541 13,007 5,859 4,174 13,454 15,892
Denver, Ogden, Salt Lake City 25,604 21,811 93 159 14,407 12,525
Los Angeles, San Fran. Areas .. 24,177 27,464 2,580 1,475 28,797 26,905
Portland, Seattle, Spokane .... 9,156 8,195 328 258 14,501 8,893
Total ..................... 318,059 55,626 922,241


51,005 40,317
5,871 5,668
11,084 14,807
7,548 5,820
6,724 10,201
4,848 5,518
9,865 11,455
8,686 12,595

24,165 50,197


8,848 9,298
54,855 27,020
29,578 50,511
28,718 26,919
11,589 16,858

221,180


326,186 54.,406 9 29 717 244,764
Accumulation to date .......8,146,658 1,554,510 29,405,162 6,665,006
7,990,091 1,597,728 28,252,607 6,949,307



ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
- ---- -- ------ ---__---- p- -^ -iy ----7- -----
Beef Veal Lexcl. l1ard) and mutton- Total Total
Week ended Nm- P Num- Prod. Num- i Num- ', : eat lard
b her *: ber : : ber : I. hber : prod. prod.
.------------ ---- -100 -il.b. 00 il.00 bi b il.1


June 30, 1962 .......
June 23, 1962 ........
June 9, 1962 1/......
July 1, 1961 T/......


252.8
245.0

241.5


10.8
10.8

10.9


1,090
1,190
1,521
1,082


155.4
169.7

155.6


10.8
10.8

11.8


409.8
456.5

419.6


m--

42.5
38.5


Percentage change from:
June 23, 1962 ........ -4 -5 0 0 -8 -8 0 0 -6 --
July 1, 1961 ... .... -2 -4 4 -1 1 0 -7 -8 -2 --
SAv erg wjgh b,--------------- Lard
a 2 : Sheep
Week ended : Cattle Calves Hogs and lambs yield
_-- per
S : : V: : / : 100 lb.
-. Live Dressed. Live .Dressed. Live .Dressed. Live .Dressed:
A -- -- -&- -- -- 46- -- -


June 30, 1962 ........
June 25, 1962 ........
June 9, 1962 ........
July 1, 1961 ........


1050
1055
1045
1044


14.1


I/ Actual slaughter. 2/ Excludes lard.







CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pouvfds
-----------------------------------------------------------
: : North
Chicago Kansas City Omaha Denver t Portland

classification June : July : June :July June :July June July June July
3Classification 0 1 50 1 : 50 1 : 50 1 30 1
1962 : 1961 1962 191 : 1962 : 1961 1962 1961 1962 : 1961
----__ ----- --..- -- --- -t--- ---- ^ ^ ^
Slaughter cattle. calves and vealers
Steers -


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


26.50
27.18
25.30
25.42
23.25
21.55


700-900# 24.78
600-800 -
20.45


Cows -
Commercial
Utility
Cutter
Canner


16.60
16.20
15.65
14.15


Bulls Trlgs. 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 300-550i --
Choice -
Good 300-500# -
Heifer 500-500#
Fancy -
Choice --
Good

*Medium and Good.


25.88
25.50
23.38
22.42
22.18
20.58


23.00

19.75


15.92
16.12
15.92
14.88


25.48
25.25
23.75
21.20


25.00
25.15
19.70


17.00
15.7E
T4.78
15.62


20.25 19.18 18.00
20.00 19.68 18.75


25.50
21.75
19.00


-- 27.30
-- 25.00
- 20.50


235.00
22.62
21.62
19.58


22.62
21.38
19.00


16.75
15.82
15.05
13.80


25.98
26.05
25.00
24.95
22.98
20.58


24.72
22.58
19.A8


16.50
15.62
14.72
15.62


25.25
23.05
22.48
22.15
20.98
19.25


22.50
20.88
19.12


16.18
15.70
15.15
14.52


18.25 18.25 19.28
18.50 18.50 19.22


22.40
20.90
18.80


25.00
22.00
18.00


26.00
24.00
21.75


24.72
24.68
22.18
19.50


24.65





16.12
14.88
13.62


22.52
22.05
20.40
18.30


23.00

17.75



15.48
14.82
15.60


18.75 19.50


28.00
24.75
21.50


26.75

24.75
21.50


25.25
23.50
20.00


15.75
15.25
12.75
11.25


19.00
19.00


26.50
25.50
23.50


25.00

21.75
19.50


22.00
20.25
18.00


15.50
15.00
13.50
12.12


24.75
23.00
20.00


Feeder cattle and calves


25.75
23.00


27.25
26.38
24.75


-
25.50
25.00


26.88
24.50


25.50
23.25


-- -- 24.00 235.50 24.62 25.00
- -- 21.88 21.00* 22.75 19.50*


- 30.00
29.00)
-- 25.50)


-- 31.50 -
27.25 25.2500) 2825
25:251


- -
-- 25.50
-- 22.75


- 23.75
- 20.50*




- 29.25


- 27.00 ..- 28.25 _
- 24.75) 24.00 26.00) 25,60 27.50
22.25) 23.50) -


Standard

Heifers -
Choice
Good
Standard











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HOGS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
- -------------- 7- -- --------------------- ----
S a ". sL : : 2 2 2 s Eight
I : Louis s Kansast I Sioux sS. St. S. St.'Indian-' Akts.
Week ended :Chicago: Nat'l.: City Omaha I City Joseph I Paul 'apolis com-
s : Stock i I t t bined
t : Yards : : I: : : t
AVERAGE COST Dollars per 100 pounds
Barrows June 30, 1962 18.04 18.17 17.54 17.71 17.58 17.56 17.54 18.72 17.85
and June 23, 1962 17.88 18.17 17.52 17.67 17.56 17.62 17.56 18.58 17.77
gilts July 1, 1961 17.65 17.74 17.17 17.12 17.07 17.14 17.00 17.94 17.57
June 30, 1962 14.28 14.36 14.40 14.37 14.40 14.35 14.42 14.26 14.56
Sows June 23, 1962 14.34 14.55 14.43 14.42 14.50 14.40 14.22 15.99 14.56
July 1, 1961 15.88 13.89 13.95 14.08 14.00 14.02 14.09 13.75 14.00
AVERAGE WEIGHT Pounds
Barrows June 30, 1962 238 218 234 236 238 233 236 224 232
and June 23, 1962 238 219 235 240 240 235 258 228 254
gilts July 1, 1961 234 215 231 255 239 231 237 225 250
June 30, 1962 417 427 416 393 391 402 585 452 402
Sows June 23, 1962 420 414 420 410 397 406 384 453 407
July 1, 1961 425 421 427 402 392 598 5380 452 402


NUMBER OF HEAD -
Barrows June 30, 1962 24280 38177 15062 51553 30884 22585 24449 18462 20
and June 23, 1962 27798 38414 17805 35588 31719 24340 24790 20777 22
gilts July 1, 1961 21263 43486 16122 29481 26547 18094 22778 21059 19
June 30, 1962 5521 3754 1275 8425 7301 2797 8450 2408 3
Sows June 23, 1962 4314 3668 1128 7905 6779 2652 7959 2812 5
July 1, 1961 525. 4121 1097 9704 8660 2807 10995 2565 4
SOWS Percentage of total
June 50, 1962 18 9 8 21 19 11 26 12
June 23, 1962 15 9 6 18 18 10 24 12
July 1, 1961 20 9 6 25 25 15 35 10
e m m e - - - - --m m


5452
1229
'8650

9711
7217
5196

16
14
19


l/ 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 :/ Hog prices 2/ T Gross spread
or margin 3/ -
June 30, 1962 ........... $18.93 $18.92 $ 0.01
June 23, 1962 ............ 19.09 18.55 .54
July 1, 1961 ............ 19.01 18.24 .77
----------------------------------------------------------------
I/ 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 and 3 hogs, 200-220# wt. Chicago.
7/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO


: Barrows and
Week ended : gilts /
: Dollars per
: 100 pounds

June 30, 1962 ......... 18.04
June 23, 1962 ......... 17.88
July 1, 1961 ......... 17.65
/ Weighted average. 2/ Simple average.


t Corn 2/ : Hog-corn
: No.3 yeTlow : price ratio
: Cents per : based on
: bushel : barrows and gilts


115.1
113.1
111.0


16.0
15.8
15.9





511

SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
- m m mm em em e me- -- e e -ee e- m -em e a -
Classification Chicago Omaha : Kansas: Fort Dener Ogden : North
Sha : City : Worth : : : Portland
------------e ------------------------------ --------- -----
SIATUGTER LAMBSt (Spring) 75-105#
Prime June 50, 1962 ...... 25.20 22.52 22.28 -- 22.82 22.25 19.19
July 1, 1961 ...... 20.65 19.00 19.02 -- 19.12 17.90 15.78
Choice June 50, 1962 ...... 22.50 21.85 21.85 20.00 20.58 20.75 18.69
July 1, 1961 ...... 20.58 18.38 18.15 15.80 17.62 17.25 15.41
Good June 50, 1962 ...., 21.00 20.45 19.60 17.00 17.72 19.00 18.00
July 1, 1961 ...... 19.15 16.88 16.98 14.80 15.58 16.25 14.25
------- --------- ------------ M----- ------ ------ ----- ------ -aaaaaaaaaaaaaa


(Shorn) 90-150Q
June 50, 1962 ......
Ch. July 1, 1961 ......
y June 50, 1962 ......
Until. July_ 1,. 1961 ......
June 50, 1962 ......
mae mm m m mI


4.50
4.72
Zm ,5
4.75
4.70
4.50


4.82
4.25
4.80
4.25.
4.02


4.60
5.50
4.20
- 2.95
5.75


6.58 6.00
-- 4.78
5.25 5.12
4.85 5.72
4.50 3.75


4.50
5.50
4.00
2.0075
5.00


3.12
2.56
5.88
2.00
2.50
em em I, ,


FEEDER IAMBS:
Fancy
Choice
Good & Ch.
Good


(Spring) 60-75#
June 30, 1962 ......
June 50, 1962 ......
July 1, 1961 ......
June 50, 1962 ......


-- 17.50 --
- 16.00 15.00
-- 15.00 -- 9.95
- -- 10.50


18.55
17.25
14.55
15.62
i m e,


19.00 -
17.75 14.75
15.88 12.25
16.00 12.50
- m m e w -


mm mm-a mma e ee am m --- nn -m -m


UNITED


Region

N. Atlantic States ....******....
S. Atlantic States ..........
N. C. States Eastern ......
N. C. States N. Western ...
N. C. States S. Western ...
S. Central States ...........
Mountain States .............
Pacific States ............


STATES FEDERALLY INSPECTED SIAIXHTER
May 1962 with comparisons
(Thousand head)
Cattle Calves :
1962 : 1961 : 1962 : 1961 ]
w w m emmem e e m m eam


120
48
271
570
179
207
157
222


BY REGIONS


1962 1 1961
1962 : 1961 :


476
555
1,548
2,227
586
502
111
214


494
551
1,177
2,185
564
544
95
209


Total -......-........... 1,766 1,754 598 581 5,800 5,597 1,197 1,558

- ------------------ -- -- a m- -- m- C


Other animals slaughtered under Federal inspection,
horses 3,558j goats 4,590; May 1961, horses 5,469)
I/ Not available for publication.
Vata furnished by Agricultural Research Service.


(number of head): May 1962,
goats 6,128.


WEES:
Good
Good &
Utility
Cull &


Sheep &
1962 *


Lambs
1961


I

I


m


) S










WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEW

EASTERN SEABOARD Steer beef sold steady
to $1.25 lower at markets other than Baltimore
where prices were steady to 500 higher. Cow
beef was steady to $1.00 lower; veal and calf
steady to $3.00 lower; spring lamb steady to
$2.00 lower; pork loins mostly steady to $1.00
higher at Baltimore and Washington, otherwise
steady to $1.50 lower; fresh skinned hams steady
to $1.00 lower; Boston butts and spareribs
steady to $3.00 higher.
Prices were weak to mostly 500 lower for
kosher steer forequarters at New York and lamb
sold $1.00 off. Quotations for kosher veal and
calf foresaddles were unchanged.
Supplies of beef and lamb near normal;
veal, calf and pork normal. Clearance was
fairly complete at New York and Washington, and
pork clearance was broad at all markets, but
cleanup very slow elsewhere. Demand for steer
beef was mainly for carcasses under 725# along
with all weights of ribs and loins, while rounds
and chucks were slow. Improved outlet for these
cuts at close contributing to the clearance.
Cow beef was easier for the first time in sever-
al weeks. Veal and calf was fairly active at
most markets, but lagged somewhat at New York
under rather poor demand. Best outlet for
spring lamb prevailed early under generally good
demand for carcasses and most cuts. Movement of
lamb slowed sharply at New York late in the
week. Pork opened quite active, and all cuts
met broad demand, however, loins and fresh
skinned hams turned slow on latter days of the
week at New York.

CHICAGO Steer and heifer beef sold steady;
veal unchanged; spring lamb $2.50-3.00 lower;
pork loins 8-16# $2.00-2.50 lower; Boston butts
4-8# $2.00-3.00 higher, spareribs 3# down $1.00
higher.
Moderate to near normal supply of beef was
most plentiful early in the week with Good to
average-Choice comprising the bulk. Veal, spring
lamb and fresh pork offerings were moderate.
Spring lamb in the main 35-55# weights, pork
loins scaling largely 12-16#.
Carcass beef trade started slowly but
turned moderately active by midweek. Current
demand for arm and squarecut chucks and rounds
narrow. Ribs and loins sold in a fairly active
trade. Veal again held steady in a moderately
active trade. Spring lamb and hindsaddles were
slow. Fore end cuts particularly ribs and
shoulders had adequate demand as buyers concen-


treated on the lower priced items. Fair de-
mand Boston butts and spareribs on each
session. Trade on pork loins opened active,
but closed slow.

PACIFIC COAST Steer and heifer beef
sold weak to 500 lower, instances $1.00 lower
on Standard and Good grades in Portland and
Seattle. Cow beef was steady to 500 higher
in Los Angeles, weak to 500 lower in San
Francisco and steady in the Northwest. Veal
and calf sold steady to $2.00 lower, the
maximum downturn on veal in Portland. Spring
lamb in the Portland-Seattle area weak to
$2.00 lower; mostly steady to weak in Cali-
fornia. Fresh pork loins in Los Angeles
$3.00-5.00 lower, other pork items firm;
steady to $2.00 higher in San Francisco;
steady to $1.50 lower in the Northwest; cured
pork firm in Los Angeles, steady to $2.00
higher except smoked hams steady to $3.00
lower in Portland and Seattle.

CARLOT MEAT TRADE REVIEW

CHICAGO, DENVER, OMAHA, NEW YORK AND
PHILADELPHIA Steer and heifer beef sold in
an erratic and uneven trade again this week.
Demand was narrow the forepart of the week
and prices declined. Later in the week,
however, supplies were curtailed and trading
turned fairly active under rather broad
demand and prices advanced. Steer and heifer
beef was steady to 50 higher for the week
at Chicago and Omaha, but closed steady to
$1.00 lower at eastern wholesale centers and
Denver. Cow beef was slow and prices were
steady to $2.00 lower, mostly 500 to $1.50
off. Clearance was generally complete.
Carcass lamb was in short supply but
demand was very narrow at most markets and
prices were sharply lower. Spring carcass
lamb finished $2.50-4.00 lower, mostly $5.00
off. Old crop carcass lamb was $5.00-4.00
lower at Denver. Clearance was incomplete.
Price trends on pork products were some-
what uneven this week for slightly below
normal supplies. Demand was good for pork
carcasses and Boston butts but was relatively
narrow for loins and hams. Pork loins closed
$2.00-4.00 lower and fresh hams declined
$1.00-2.50. Pork butts sold steady to $2.00
higher and pork carcasses were 500-$1.50
higher at New York and Philadelphia. Clearance
was fairly broad.






lWOLESALE 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 1- o 19 : : L os -61-
i June 50: July 1 : June 50 July-1-:7une-3 T Iuy-l-1:;une-3U T 7uly-l7
------:- 1962 : 1961 :- 1962 : 1961 :1962 1961 :t1962 1961


Steer beef -
Prime 700-800#
Choice 600-700
700-800
Good 500-600
600-700
Heifer beef -
Choice 500-600#
600-700
Good 500-600
Veal -
Prime 90-120#
Choice 90-120
Good 90-120
Spring lamb -
Prime 45-55#
Choice 45-55
Fresh pork -
Loins 8-1v
Butts 4-8
Spareribs 5# do-wn
Hams, sink. 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


45.25
43.35
42.75
41.00
41.25


59.50
51.00
46.50


41.50
39.25
38.00
37.50
37.25


57.50
48.00
44.00


41.35
40.85
40.25
40.00

41.35
41.35
39.35

55.00
50.00
46.00


37.25
35.75
35.62
35.62

37.12
37.12
35.38

55.00
48.25
45.25


43.75
43.00
43.75
43.00

43.50
43.50
42.00



55-00


39.00
37.25
38.50
37.00

38.50





51.00


42.00
40.94
41.00
40.25

41.81
41.28
40.25


37.62
36.31
37.12
36.58

37.38
36.06
36.00


50.60 42.15 49.75 40.75 46.00 37.50 45.25 37.50
50.60 42.15 49.75 40.75 45.00 37.50 45.25 57.50


47.40
55.20
46.75

44.75
46.75


49.40
35.50
50.50

44.75
46.25


46.45
335.69
45.25


46.65
53.25
48.00


-- 45.25
50.50 48.50


52.00
40.00
52.00

52.00


47.50
40.25
50.00

45.50


48.62
36.50
45.50


46.25
36.25
46.58


45.50 435.00
-- -


52.00 51.00 54.50 54.25 56.50 55.00 54.00 52.50

31.00 ,51.25 35.50 54.50 32.50 335.50 30.50 35.00
13.62 15.00 14.38 13.25 17.50 17.75 16.00 16.75


BULK PRICES CABEDT BASIS WEEK ENDED June 29, 1962
P "prices pad-F~0B Frdc~s-del.vird --
Classification r ener a -s ifwYork T MI7 d i-a
Wtei bef-------- ----- ----- --------- --------------------


Good


Heifer beef -


Choice


Good


Cow beef All weig
Utility
Canner and Cutter
Spring lamb -
Prime 50-
45-i
55-4
Choice 50.
45-i
55-4
Fresh pork -
Loins 8-


39.75-40.00
59.50-59.75
39.00-39.25
37.75-58.50
37.75-38.50
37.75-38.50

59.50-59.75
39.50-59.75
57.50-38.00
37.50-58.00

29.50-30.50
30.00-31.25

44.00-45.00
44.00-45.00
44.00-45.00
44.00-45.00
44.00-45.00
44.00-45.00


38.50-39.00
38.50-39.00
38.00-58.25

36.00-38.00
56.00-38.00

38.50
38.50
36.50-58.00
56.50-38.00

28.50-29.50


43.00
43.00
45.00
43.00
43.00
43.00


39.00-39.50
39.00-39.25
58.50-38.75

37.25-38.50
36.00-37.25

38.75-39.00
58.75-39.00
37.00-37.25
57.00-37.25

28.75-29.75
50.25-30.75

43.50
43.50
43.50
43.50
43.50
43.50


41.00-41.75
40.50-41.50
40.00-41.00
38.00-40.00
38.00-40.00
38.00-40.00


41.00-42.00
40.50-41.75
40.00-41.00

38.50-41.00
58.00-40.50


-- 40.75-41.75



-- 31.50-32.00
-- 51.00-31.50


46.00-48.00
46.00-48.00

46.00-48.00
46.00-48.00


46.00-47.50
46.00-47.00

46.00-47.50
46.00-47.00


ZI# 42.00-43.00 -- 41.75-43.25 -- 44.00-44.50


Choice


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


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


hts -


45#
55
65
45
55
65






BOSTON WOOL MARKET REVIEW


Sales of greasy domestic worsted wools in
the Boston market continued small, but there was
a substantial volume of wool moved in the terri-
tory States. There was good demand for original
bag, half-blood wools, with some fine and med-
ium grades at steady prices. Woolen wools and
noils were slow and steady.
Cabled reports from Australia showed East-
ern Europe, Japan and the Continent interests
active at firm prices. New Zealand and South
African auctions were closed for the season
while offerings from South America were small.
The U. S. Department of Agriculture
announced on June 22, 1962 prices received by
farmers for wool sold during the 1961 marketing
year (April 1961-March 1962) averaged 42.9# per
pound. This was 2 percent more than 1960 but
18 percent below the 1951-60 average of 52.20
per pound.
The U.S.D.A. also announced on June 25, 1962
that shorn wool payments for the 1961 marketing
year will amount to 44.5 percent of the dollar
returns each producer received from the sale of
shorn wool during the year. This will brilnage
wool price of 42.90 per pound up to the previous-
ly announced incentive level of 62# per pound
under the National Wool Act. It was also
announced a payment rate of 760 per cwt. on
unshorn lambs to compensate for the wool on
them.
Fleece Wools Graded 60/62s good French
combing and staple fleece wool sold at an
estimated clean cost of 41.15-1.16 while graded
low quarter-blood 46/48s brought $1.00-1.01
clean basis. Original bag country graded 3/8s
and 1/4 blood fleeces brought $1.06 clean basis
on a core test delivered East while country
graded 5/8s and 1/4 blood moved at 55# grease
basis, delivered East.
Territory Wools Graded 64s good French
combing and staple sold at $1.24 on a core test
while average French combing 64s brought $1.18
on a core. A substantial weight of original
bag bulk half-blood with some fine and 3/8s sold
in the Belle Fourche-Newell area at $1.17 clean
basis on a core test, delivered East. Range
sales follow: Oregon, occasional small farm
flocks of bulk 1/4 with some 3/8s and low 1/4
blood good French combing and staple wool,
amounting to about 75,000 pounds, sold to local
industry at 500 grease basis to the growers.
Colorado 3,000 pounds graded 1/4 blood French
combing $1.06 clean basis.
Montana Jordan Pool at sealed bid 105,000
pounds, bulk fine and half, good French and
staple 48.290 grease basis estimated $1.20 clean,
delivered East. Lyomir-, 32,000 pounds fine
staple 44.770 grease basis f.o.b. estimated
clean 41.26 delivered East, 18,000 pounds half-
blood staple $1.15 clean basis, delivered.
Texas Wools Choice 12 months delaine
type wool sold in Texas at $1.55 clean basis on
a core test delivered East while other small
lots of good 12 months brought from $1.5J-1.35
and average style 12 months wool sold at $1.25-
1.30 while a lot of less than 10,000 pounds


of fine wool in East Texas estimated around $1.22
clean basis, delivered.
Mohair Spring adult mohair sold in small
quantities at 600 to the warehouse while there
was a little contracting of fall hair at 56# for
adult and 91# for kid.
Foreign Wools Trade in spot foreign wools
was very slow. The Australian markets closed
steady for the week. Montevideo super skirted
wools held nominal.
Carpet Wools Trading on spot carpet wools
was slow with offerings from foreign markets as
follows: Greasy Buenos Aires carpet fleeces
around 72-753, November second clips around 66-
67#, March wools and 36/40s lambs wool at 65#.
A white Aleppo carpet wool was offered for ship-
ment at 77#. All offerings above on a clean
wool fibers present basis.

Woolen Wools Sales follow:

Scoured Pulled Domestic
58s lambs 2-" white $1.12
56/58s lambs ave. 11"
white $1.10


Noils
Clear Aust. 64s nobles
Clear blend 64s dom. combed
Clear Aust. 64s French
Semi-clear dom. 60s French


$.86
nobles .80
.70
.52


Wool Tops Trade in wool tops was generally
quiet with occasional sales of oil and dry-combed
64s and 54s tops for future delivery. Quotes
follow:


Warp Aust. D/C


70s -
64s -
62s -
60s -
58/60s -


$1.97
1.86
1.79
1.69
1.62 N


Oil-combed
58/60s 1l.6;i1N
56s 1.52N
50/56s 1.48
48/50s --


Warp Dom. D/C

$1.92
1.81
1.74
1.66
1.56


Territory

$1.54
1.52
1.48


Fleece
56s $1.48
50/56s 1.45
(N Nominal)


CLOSING FUTURES QUOTATIONS June 28, 1962
(Furnished by the Wool Associates of the New
York Cotton Exchange)
July wool tops $1.660B
October wool tops 1.618B
64s grade 2.55" minimum length
July wool $1.283T
October wool 1.240T
64s grade 21" ave. stretched length






CLASSIFICATION OF LIVESTOCK SLAUGHTERED UNDER FEDERAL INSPECTION I/


Number (00 omitted)
May : Apr. J
: 1962 t 1962 _
------*.----*rit------ --- >---------- -- Ka -
Cattle:
Steers ................... 1,065 924 4,847
Heifers .................. 550 307 1,696
Cows ..................... 330 274 1,558
Bulls and stags .......... 25 17 84
Total 2/.................. 1,766 1,522 8,185
Canners and Cutters 5/.... 152 119 715


Hogs:
Sows .. ...........
Barrows and gilts ........
Stags and boars ........
Total 2/ .................

Sheep and lambs:
Lambs and yearlings.......
Sheep .................
Total 2/ .................


481
5,278
41
5,800


1,098
99
1,197


565
5,269
40
5,672


1,127
46
1,173


1,881
27,069
157
29,107


5,915
255
6,148


-------------------
: Percent
May : May Apr. : May May
1961 : 1962 : 1962 : j : 1961


1,042
589
296
26
1,753
151


487
5,087
22
5,596


1,281
77
1,558


60.2
19.8
18.7
1.53
100.0
8.6


8.3
91.0
.7
100.0


91.7
8.3
100.0


60.7
20.2
18.0
1.1
100.0
7.8


6.4
92.9
.7
100.0


96.1
5.9
100.0


59.2
20.7
19.1
1.0
100.0
8.7


6.5
95.0
.5
100.0


96.2
5.8
100.0


59.4
22.2
16.9
1.5
100.0
8.6


8.7
90.9
.4
100.0


94.5
5.7
100.0


-- --- ------------------------------------------m
/Based on reports from packers. 2/ Totals based on rounded numbers.
S/ Included in cattle classification.


CLASSIFICATION OF BARROW AND GILT SLAUGHTER
AS REPORTED BY COOPERATING PACKERS

Hogs : Barrows and Gilts reported separately
Month : slaughtered under : "" ----- -- -
: Federal inspection : Firm Head Barrows Gilts
: reporting: Head Barrows Gilts
: a reporting: 2
Number Number Number Percent Percent
May 1962 ............. 5,800,000 26 1,227,000 50.54 49.46
Apr. 1962 ............. 5,672,000 28 1,135,000 51.50 48.50
May 1961 ............. 5,597,000 25 1,041,000 50.08 49.92


PERCENTAGE DISTRIBUTION, BE CLASSES, OF CATTLE SLAUGHTERED UNDER FEDERAL INSPECTION
MAY 1962
------------------------------------ ----------- ~-------------
:: Cuannersa
Steers ; Heifers : Cows : Bulls and Cutters,
Region :- - Ss cass
: May May a May May : May May :May May : May May
: 1962 : 1961: 1962 ,1961 : 1962 : 1961 :1962 : 1961 : 1962 : 1961
--------------------------- -- ----------------------------------


N. Atlantic States .........
S. Atlantic States .........
N. C. States-Eastern .......
N. C. States-N. Western .....
N, C. States-S. Western .....
S. Central States ...........
Mountain States ...........
Pacific States .............


Pet.
71.4
65.0
52.4
62.6
67.9
42.8
43.1
71.1


Pct.
78.5
51.4
59.7
61.2
67.8
52.8
44.9
68.4


Pct.
1.7
5.7
16.5
22.9
17.2
14.9
40.8
15.9


Pet.
1.6
9.1
17.6
26.1
20.1
14.1
44.7
11.9


Pct.
25.7
28.9
28.9
15.4
14.4
40.5
15.2
13.8


Pct.
18.0
56.5
20.5
11.6
11.5
49.9
9.8
17.8


Pct.
1.2
2.4
2.4
1.1
.5
2.0
.9
1.2


Pct.
2.1
3.2
2.4
1.1
.6
3.2
.6
1.9


Pct.
10.0
15.1
11.1
5.4
6.8
24.6
5.8
5.2


Pct.
4.7
16.6
8.8
5.7
6.4
29.1
5.4
7.2






UNITED STATES FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
---------- -- : --- ----- T ------------ :" --------
M M Percentage
May -Ja -: May 1962 of
: 1962 1961 1962 : 1961 : May : -yr.
t : : : :1961 s May av.
Number slaughtered under Federal inspection: (thousands of head)
Cattle ................. 1,766 1,754 8,185 7,950 101 112
Calves ................. 398 581 2,058 2,027 104 95
Hogs ................... 5,800 5,597 29,106 27,578 104 114
Sheep & lambs .......... 1,197 1,558 6,148 6,554 88 104
Average live weight: (pounds)
Cattle ................. 1,038.5 1,045.7 1,045.1 1,051.8 99 101
Calves ................** 219.9 227.7 205.2 208.9 97 99
Hogs ................... 245.5 246.5 240.4 259.6 100 100
Sheep & lambs .......... 96.8 98.2 100.5 102.6 99 99
Average cost to packers: (dollars per 100 pounds)
Cattle ................. 22.53 21.02 22.60 21.92 107 100
Calves ................. 24.78 24.21 24.92 24.06 102 104
Hogs ................... 15.27 16.28 16.11 17.12 94 89
Sheep & lambs .......... 16.88 14.60 17.01 16.20 116 90
Dressings yields: (per 100 pounds live weight)
Cattle ................. 58.0 58.6 57.8 57.9 -- -
Calves ................ 56.8 56.1 56.5 56.2 -
Hogs I/................. 77.0 76.9 76.9 76.7 -
Sheep-& lambs .......... 49.0 49.4 49.0 49.1 --
Lard per 100# .......... 135.1 14.1 12.9 13.5 -
Lard per animal ........ 52.2 54.6 50.9 52.5 -
Average dressed weight: (pounds)
Cattle ................. 602.5 612.8 602.8 608.5 -
Steers 2/............... 657.9 665.7 -
Heifers-2/............. 549.5 555.9 -
Cows 2/................. 514.0 496.4 -
Calve ................. 124.9 127.7 114.9 117.5 -
Hogs ................... 189.0 189.6 184.8 185.8 -- --
Sheep & lambs .......... 47.4 48.5 49.2 50.4 --
Condemnations: 3/ (number of head)
Cattle ................ 4,896 4,600 24,925 25,816 -- -
Calves ................. 1,232 1,064 9,999 8,818 -
Hogs ................... 10,886 10,975 52,516 52,941 -
Sheep & lambs .......... 7,701 8,165 26,591 29,226 -
Total dressed weight Excluding condemned: (thousands of pounds)
Beef ................... 1,060,557 1,071,848 4,919,002 4,825,558 99 114
Veal ................... 49,520 48,495 255,508 256,768 102 95
Pork (carcass wt.) ..... 1,094,091 1,059,065 5,369,982 5,057,705 103 115
Lamb & mutton .......... 56,587 65,485 501,541 517,467 86 105
Total 4/................ 2,260,556 2,244,895 10,825,655 10,455,297 101 114
Pork, excl. lard ....... 858,485 795,092 4,155,660 3,855,000 106 119
Lard production 5/...... 186,118 195,464 899,159 895,554 96 104
Rendered pork faT ...... 7 7,125 7 614 59247 55 026 94 95
1/ Subtract 7.0 to obtain reported packer style average. 2/ Also included with cattle.
5/ Partly estimated. 4/ Totals based on unrounded numbersT 5/ Includes rendered pork fat.
ACTUAL FEDERALLY INSPECTED SLAUGHTER AND REVISED ESTIMATE OF MEAT PRODUCTION BY WEEKS MAY 1962
~ T title "ca-es ffogs TSe p"aid-lamls 7 : L~ar
Week : Num- : Av. Num-_ Av. : :Nm.- : Av. :Num- : Av. : Total :Tield :
ended ber : dr.:Prod.: her : dr. :Prod.:ber :dr.1/sProd.:ber : dr. tProd.,:meat s per SProd.
----------------I~ S w. : l/ d:j #
.--------------------------l-tl- .I ._ _
1962 1000 lb. mil.lb.lO00 lb. il.lb.l100 lb. mil.lb.l000 lb. .il.b.mil.lb. lb. aul.lb.
my 5 374 595 222.7 89 122 10.9 1509 344 188.2 "4M 2.7 ".454 IT.5-"' 4Z
12 410 600 246.2 95 125 11.6 1408 146 205.5 286 48 15.7 476.8 12.6 44.0
19 396 601 237.9 79 125 9.9 1247 146 181.9 275 48 15.1 442.8 15.1 40.5
26 388 604 254.2 81 126 10.2 1269 145 181.2 255 46 11.6 457.2 15.5 40.8
J 2 3 _564 604 219.7 85 126 10.l 105 _145_ 159 226s .46 .4 .10 4_ J__
I/ Excludes lard.







COMMERCIAL LIVESTOCK SLAUGHTER, UNITED STATES, MAY 1962 /

Cattle Calves
*--- w -- -- W- --- -- -----II-I- -- ------ -- -- ----1---- --- ---------- --- --- -J--------- I----- I-- ---
Month and : Federally Other Av Federally Other Av.
period *inspected con- Total live inspected com- Total live
od mercial weight mercial weight
Thousand head Pounds Thousand head Pounds
May 1962 ....... 1,765.7 490.7 2,256.4 1,015 597.7 186.1 585.8 23"
May 1961 .o...... 1,753.9 487.3 2,241.2 1,018 580.8 208.6 589.4 241
Jan.-May 1962 2/. 8,185.2 2,525.1 10,510.5 1,018 2,058.0 974.1 53,032.1 221
Jan.,May 1961 r/. 7,950.1 2,552.7 10,282.8 1,025 2,027.2 1,154.7 5,161.9 219
--K----- --- -------- ---- -------------- ---------------------- T_--____--- -------------------*
Hogs : Sheep and lambs

May 1962 ......... 5,799.7 949.9 6,749.6 242 1,197.5 194.1 1,591.4 97
May 1961 ......... 5,596.8 975.4 6,570.2 245 1,558.4 191.2 1,549.6 98
Jan.-May 1962 2/. 29,106.4 4,824.1 553,950.5 238 6,148.2 859.9 7,008.1 100
Jan.-May 1961 //. 27,577.6 4,918.2 52,495.8 257 6,333.8 809.0 7,142.8 102

1/ Excludes farm slaughter. 2/ Accumulated totals based on unrounded head and live weight.
CO1EIRCIAL MEAT AND LARD PRODUCTION, UNITED STATES, MY 1962 1/
- Total-- - -


Month and : Beef Veal
Mil. lb. Mil. lb.
Mil. lb. Mil. 1b.


Park 2/ : Lamb : Total Lard 3/
- Mil.b. and utton b. Mil. meat Mil. b.
Mil.lb. Mil. lb. Mil. lb. Mil. lb.


May 1962 ...... 1,515 78 965 65 2,421 208
May 1961 ...... 1,521 79 925 75 2,598 216
Jan.-May 1962 4/ 6,121 575 4,788 542 11,626 1,008
Jan.-May 1961 _/ 6,021 587 4,496 557 11,261 1,006

l/ 5ccludes farm slaughter. 2/ Excludes lard and rendered pork fat.
5/ Includes rendered pork fat7 4/ Accumulated totals based on unrounded data.
Statistical Reporting Service Crop Reporting Board.


MEATS AND MRAT PRODUCTS GRADED, OR ACCEPTED AS COMPLYING WITH
SPECITFICATIONS--BY THE U. S. DEPARTMENT OF AGRICULTURE 1/


Grade


Prime ...............
Choice ..............
Good ..............
Standard ............
Commercial ..........
Utility .............
Cutter ..............
Canner ..............


Beef : Veal and calf : Lamb and mutton
-------------- -- -- -- --------------------------- -- ---
May May : May : May May May
1962 : 1961 1962 1961 1962 1961
*w-k-kw^~---------w _- -- _-----w- -*- ^-----
Thous. pounds Thous. pounds Thous. pounds
21,673 20,501 49 85 5,907 6,156
465,648 462,195 2,146 2,774 21,859 24,993
144,306 141,018 9,994 10,502 1,419 1,247
18,019 18,756 1,450 1,520 -


4,696
5,939
994
64


3,465
7,690
6,046
169


288 2,072


1,129


Cull ............... 1 1 24 10

Total ............. 661,541 659,640 13,708 14,768 29,261 553,555


Bull and stag beef .. 712
All other meats
and lard.......... 18,782

l/ Data pertain only to meats offered
or acceptance.


860

15,276

to the U. S. Department of Agriculture for grading






MEAT AND MEAT FOOD PRODUCTS INSPECTED WHEN OFFERED FOR IMPORTATION
(USDA ARS Meat Inspection Division)
May 1962

Fresh meats and edsble_offal_ 4ued meats .
Country of origin Beef and Lamb and
Veal Mutton :

Pounds Pounds Pounds Pounds Pounds
Argentina .............. 41,875 -
Australia .............. 14,144,850 2,873,691 -- -
Brazil ................. -- 15,499 -
Canada .... ... 2,080,700 550 3,605,470 18,485 415,745
Denmark ................ 54 115 -- -- 4,800


Germany ................
Holland ................
Ireland ................
Mexico .................
New Zealand ............


5,328,159
2,502,060
6,309,039


15,281
4,525
15,480


245,010


Paraguay .............. -. .
Poland ................. -
Uruguay ................ -- -
All others ............. 2,870,201 -- 4,000 6,216

Total May 1962 ...... 31,235,045 3,117,164 5,603,470 77,857 461,847
May 1961 ....... 25,020,591 1,994,250 5,520,259 156,512 592,260

Refused or condemned:
May 1962 ....... 319,109 190,708 1,435 1 2,855
May 1961 ....... 500,518 -- 32,751 5,985

Canned meats Sausage General s
Country of origin ; : : Miscel- : Cooked Sa(Trichina ge miscel- neral Total
SBeef : Pork : : beef (Trichina : miscel- Total
laneous : treated) laneous
_ _ _- -- L- -1- --_* --- --__ _
Pounds Pounds Pounds Pounds Pounds Pounds Pounds
Argentina ......... 2,557,098 7,200 5,405 1,264,280 699,488 4,575,546
Australia ......... 17,065 5,600 17,041,184
Brazil ............ 342,878 -- 99,700 456,077
Canada ............ 145,251 405 -- 6,096 209,344 6,477,844
Denmark ........... 4,885,555 799,217 188,078 5,877,795


Germany ...........
Holland ...........
Ireland .........
Mexico .........
New Zealand .......


71,034
3,064,919


675
355,929


22,749
11,856


109,759
3,115,029
5,345,687
2,502,060
6,552,049


Paraguay ..........
Poland .,.........
Uruguay ...........
All others .........

Total May 1962
May 1961


76,357 106,858 185,215
-- 6,507,754 1,3551,448 7,659,202
824,212 4,480 828,692
54,288 214,037 57,046 27,447 6,141 5,259,576

3,671,944 14,693,728 2,228,125 1,470,838 256,226 925,053 61,741,295
7,467,182 8,702,412 1,549,182 603,600 247,664 274,638 50,128,5350


Refused or condemned:
May 1962 9,452 44,586 30,443 -- 6,182 20,719 625,490
May 1961 1,732 69,129 1,803 5,475 615,595

Notes In addition to the above, imports of horse meat (in pounds) for May 1962 were as follows:
Argentina 2,560,410, Canada 329,778, Mexico 874,920. May 1961 Argentina 213,514, Canada 9,267.





AVERAGE PRICES RECEIVED BY FARMERS FOR LIVESTOCK, FEED


Commodity and unit
-------------------
Prices received by farmers -
Hogs Per cwt.
All beef cattle "
Cows "
Steers and heifers "
Calves "
Sheep "
Lambs "
Wool 2/ Per lb.
Corn Per bu.
Oats "
Barley "
Hay, all baled ton
Cottonseed "


Hog-corn price ratio 3/ -
United States
N. Central States
Iowa

Index numbers: (Av. Jan.
All farm products
Feed grains and hay
Meat animals


: June :
: 15 :
- 1962 :


Dol.
at
at


May :
15 :
1962. 1

15.50
21.10
14.60
25.50
25.20
5,51
17.30
.465
1.05
.667
1.02
21.40



34.9
15.2
15.9


Apr.
15
1962.

15.40
21.10
14.70
23.80
25.40
5.99
16.60
.450
.988
.664
1.01
21.40



15.6
16.1
16.2


l


16.10
20.80
14.80
25.10
24.80
5.44
19.50
.464
1.05
.684
.980
19.70



15.6
16.0
16.5


100)
259
157
505


Prices paid by farmers -
Commodities & services, interest,
taxes and wage rates. 505 506 306 500
1/ Estimates of Crop Reporting Board.
2/ Average local market price, excluding incentive payment. Monthly average.
5/Bushels of corn equal in value to 100 lbs. of hog, live weight.
IRevised.


15.80
19.40
15.10
21.10
23.10
4.80
15.90
.455*
1.05
.626
.868
19.10



15 .3
15.56
15.6*


EFFECTIVE PARITY PRICES FOR LIVESTOCK, FEED AND WOOL 1/
: Adjusted : Effective parity prices 3/
Commodity and unit : base : _based_on daia_fr_
prices 2/ : June 1962 : May 1962 : June 1961
Hogs Per cwt. Dol......... 7.09 21.60 21.70 21.20
Beef cattle a ......... 7.75 25.60 25.70 25.60
Calves ....... 8.58 26.20 26.30 26.10
Lambs ......... 7.98 24.50 24.40 25.10
Wool Per lb. ......... 4/ .241 .755 .757 .747
Corn bu. ......... .526 1.60 1.61 1.61
Oats ......... .276 .842 .845 .8357
Barley n ......... .415 1.26 1.26 1.24
Cottonseed ton ......... 4/ 20.60 62.80 63500 62.40
1/ Parity prices are computed under the provisions of Title III, Subtitle A, Section 501 (a) of
the Agricultural Adjustment Act of 1958 as amended by the Agricultural Acts of 1948, 1949,
1954, and 1956.
2/ Adjusted base price 1910-14 derived from 120-month, January 1952-December 1961 average, (in-
cluding an allowance where appropriate for unredeemed loans and other supplemental payments
resulting from price support operations) by dividing by 247 percent (the 120-month average
of the Index of Prices Received by Farmers adjusted to include an allowance for unredeemed
loans and other supplemental payments) unless otherwise noted.
5/ Effective parity prices as computed currently using base prices in effect and indexes for
months indicated. These parity prices are the legally applicable parity prices for the
following calendar month.
4/ Adjusted base price 1910-14 derived from 10 season average prices 1952-61 (including an
allowance, where appropriate, for unredeemed loans and other supplemental payments result-
ing from price support operations).


17.50
20.60
15.10
25.10
25.50
6.48
19.90
.458
1.10
.622
.892
19.10
47.60
June av.
1951-60
15.9
14.2


1957-59
242
159
508
1947-49
250


Bushel


1910-Dec. 1914 =


AND WOOL 1/
* June Average
: 15 Jan. 1957-
- _1961 -Dec. 1959




520
U. S. Department of Agriculture
Washington 25, D. C.


UNIVERSITY OF FLORIDA
II II III262 08500 5667
] 3 1262 08500 5667


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Form AMS-7/5/62
Permit 1001.


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11-4-59 The University Libraries
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