Livestock, meat, wool market news

MISSING IMAGE

Material Information

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:
AA00008493:00038

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, 0.0.


Vol. 30, No. 29


July 17, 1962


Week ended July 14


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


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


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

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


. .




* .
. .


Special to this issue


Storage Holdings of Meats and
The Livestock and Meat Situat:


1962 .


%.00


Page

542
545
545

545

546
547
547

548
549
550
556

551
552
553


554
555


&le-gS|ag






MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Broad demand for fed cattle, following
curtailed numbers the previous holiday week,
influenced upturns on an increased volume
of slaughter steers and heifers at most mid-
west markets. The general trend was steady to
25# higher with sales at Omaha steady to 50#
up. However, at Chicago late.sales were steady
to 25# below the high close of the previous ,
week. Slaughter cows sold steady to 50# lower
at most centers. Feeder cattle and calves
were steady to strong at midwest points and
steady to 50# higher at Oklahoma City and Fort
Worth. Barrows and gilts as well as sows sold
steady to 500 higher for the week. Spring
slaughter lambs were steady to 500 higher
aside from the 500-$1.00 decline at Denver.

SLAUGHTER CATTLE AND CALVES Despite in-
creased receipts, slaughter steers and heifers
sold steady to 250 higher at most markets.
There were two principal exceptions as steers
in Omaha were strong to 500 higher, and most
steers in Chicago steady to 25# lower. There
was broad demand for fed cattle following cur-
tailed receipts and slaughtering during the
preceding short holiday week. Thus, prices at
most markets showed small additional advances
despite increased receipts. Cows sold steady
to 50# lower at most points but 25-500 higher
in Omaha and Oklahoma City. Bulls, however,
uniformly steady to 500 higher, and vealers
steady to $1.00 higher at leading markets for
this class of small stock. The percentage of
cows in receipts showed some increase, and
marketing of feeder stock increased sharply
in Kansas City. At the majority of points,
slaughter steers and heifers grading Good to
average-Choice were most prominent in receipts.
Average weights were lighter at several major
markets. Steer weights at the 7 markets aver-
aged 1101 lI# below the previous week, 361#
below a year ago, and were the lightest for
any week in about 4 years.
Slaughter steers: Six loads mostly Prime
1175-1325# $28.25 in Chicago, with bulk high-
Choice,mixed Choice and Prime 1150-1400#
t26.75-27.75, Choice $25.50-27.00, Good
w23.25-25.25. At other midwest markets, high-
Choice and Prime S26.00-26.50, load Prime
$26.6E at Omaha; most Choice 950-1300Y# $24.75-
26.00, Good largely t22.50-24.25 and Standard
$20.00-22.00.
Slaughter heifers: Few loads high-Choice
and mixed-Choice and Prime heifers ??5.75-
26.25; most Choice $24.00-25.50, Good and low-
Choice $21.50-24.50.
Slaughter cows: Bulk Utility and Commer-
cial $14.25-16.50, Canner and Cutter largely
t12.00-15.00.


FEEDER CATTLE AND CALVES Moderate mid-
July receipts of feeder cattle and calves were
unevenly distributed between the various termi-
nal markets. At Oklahoma City numbers were
among the largest for that market in recent
months and Kansas City received a sharp increase
in the number of feeders. However, at Omaha only
7 percent of the receipts consisted of feeder
classes. At several markets supplies were too
small to furnish an adequate test of demand and
price levels. Quality as a whole was typical
of that normally seen at this time of year, be-
ing at a relatively low level as compared to
that usually witnessed at the height of the
fall marketing season. Even so, a moderate per-
centage of the over-all supply consisted of
Choice offerings and a fairly large percentage
of the shipments were of mixed Good and Choice
grades.
Trading at midwest markets generally was
fairly, active at steady to strong prices and at
southwestern markets a higher trend developed.
Oklahoma City and Fort Worth were steady to 50f
higher and at Wichita prices were 500 to $1.50
higher. An abundance of grain feeds, above
average mid-summer grazing conditions in some
areas and, the continued maintenance of slaugh-
ter cattle at prices considerably higher than
a year ago all were factors tending to stimu-
late a relatively good July demand for feeders.
Feeder steers: Good and Choice 800-1050#
$22.00-25.00, few loads Choice and mixed
Choice and Fancy 800-1000# $25.00-25.25. Scat-
tered shipments Choice 550-650# $27.00-29;00,
other Good and Choice 550-750# largely $23.00-
26.75; Medium and mixed Medium and Good 550-
750# chiefly $20.00-24.00.
Feeder heifers: Bulk Good and Choice 525-
700# $22.00-25.00, several loads Choice 587-
623, $25.75-26.00 and one load Choice 675#
$26.25.
Feeder calves: Good and Choice 300-550#
steers largely $25.00-31.00, two loads Choice
408-475# 532.00 and shipment Good and Choice
212# 55.,',. Good and Choice 300-500# heifers
ranged ?22.00-29.00, majority $23.00-28.00.

HOGS Terminal markets Hog prices
charted an uneven course throughout the week.
On Monday and Tuesday price trends were lower
with liberal supplies influencing the bearish
trade. At midweek an improved demand stimu-
lated upturns, and a substantial advance was re-
corded Thursday, especially in the easterm
Corn Belt. At that time barrow and gilt
prices at Chicago were at the highest level
since September, 1961, and National Stockyard's
prices were the highest in seventeen months.
The latter upturns were partially erased Friday









when demand narrowed considerably.
Barrows and gilts closed steady to 50#
higher than the previous week's close, mainly
steady to 25f higher. Indianapolis was an
exception with a mostly steady to 25# lower
trend. Sows were steady to 500 higher, ex-
cluding weights above 4C?., at Sioux Falls which
were 5-91' lower. Sows comprised 18 percent
of the eight market total, ranging from only
8 percent of the run at Kansas City and up to
30 percent of the receipts at St. Paul. At the
twelve markets hog supplies were 23 percent
greater than the July 4 week and 7 percent
larger than the corresponding week a year ago.
Barrows and gilts: Closing sales U. S.
1-2, 190-24Q0 in the eastern part of the Corn
Belt $18.50-19.25; No. 1-3, 190-24,10 $18.25-
18.75. In the western part of the area U. S.
1-2, 19C-?4r.: '8.25-18.75, No. 1-3, 190-2404/
1".75-18.50, reaching $18.75 at Sioux Falls.
Sows: U. S. 1-3, 270-40Fr; $14.50-15.75;
U. S. 1-2, 270-330;; ?'15.50-16.50; No. 2-3,
400-550#1 1..75-14.75.
Feeder pigs were steady at St. Paul with
Choice 1?0-16' selling at '16.50-17.00. Sioux
City prices were also unchanged with Good and
Choice 13'-17'C bringing 15.00-16.25.
Interior Iowa-Southern Minnesota receipts
totaled 276,000 head compared with 228,000 in
the holiday shortened period a week ago and
276,000 in the like period a year earlier. Bulk
of barrows and gilts consisted of U. S. 1-3
20(-250/ weights. Sows made up about 17 per-
cent of receipts. Prices for butchers advanced
15-40f, mostly 25#. Sows under 560/ were 25-
40f higher, heavier weights 10-250 higher.
Barrows and gilts: On Friday, U. S. 1-3
200-24'-r brought '17.25-17.90, No. 1-2 t17.75-
$18.15.
Sows: No. 1-3 270-400? $14.25-15.50, few
No. 1-2 27n-3n"', $15.50-15.9.i; No. 2-3 400-
;5"0, t12.55-14.50.
Interior Illinois Receipts at 84,800
head compared with 75,800 the previous week and
74,7nO a year earlier. Barrows and gilts sold
25-500 higher for the week. Sows were mostly
steady.
Barrows and gilts: On Friday, U. S. 1-3
19q"-2354 t17.50-18.50; mostly $17.75-18.55;
limited volume sorted No. 1-2 195-225-9 Ie8.75-
19.00, near POO head '19.00; No. 1-5 220-
250r f17.00-17.75.
Sows: U. S. 1-3 250-40or $15.50-15.50;
No. 2-3 400-6fnor, $12.00-14.00.

SHEEP AND LAMBS- Receipts at the 12 major
markets totaled 86,000 head, compared with
51,000 during the holiday shortened period last.
week and 99,000 a year ago. Fairly liberal
supplies tended to narrow demand as the week
progressed and prices declined on late sessions,
erasing part of early advances. Compared with
previous week's close, spring slaughter lambs


and the limited volume shorn old-crop slaughter
lambs and yearlings closed steady to 50# higher,
however, spring lambs at Denver were 50#-$1.00
lower. Slaughter ewes were mostly steady. Feed-
er lambs sold generally steady.
Spring slaughter lambs: Choice and Prime
80-11i,- bulked t21.00-23.50 and moderate volume
Choice to mostly Prime $23.50-24.00 early in the
week with sales reaching to $24.35 at Denver.
Good and Choice largely $18.50-23.00.
Old-crop slaughter lambs and yearlings:
Good and Choice 89-1l9D No. 5 to fall shorn
$16.00-18.75. At Fort Worth, Good and Choice
8n-lrn5, $14.00-16.50.
Slaughter ewes: Cull to Good shorn $3.00-
6.50, few to $6.90 at Denver.
Feeder lambs: At Denver, Choice and Fancy
6?-30- spring lambs $17.75-19.25 and few 92-94#
in Choice slaughter condition $19.50-19.70. At
other markets, Choice and Fancy 50-80# mainly
'15.50-17.50, few t18.00; Good and Choice
$14.00-16.00.
Interior Iowa-Southern Minnesota area
sheep and lamb receipts totaled 15,500 head,
compared with 15,100 the previous holiday
shortened week. Friday's price decline re-
sulted in spring slaughter lambs closing weak
to 50# lower with extremes $1.00 off, and shorn
old-crop slaughter lambs steady to 500 lower.
Shorn slaughter ewes held about steady.
Spring slaughter lambs: Choice and Prime
80-105# delivered to packing plants on Friday
$20.00-21.50, mostly $21.00-21.50, few Choice
70-80# $17.50-20.00. Good and Choice 80-100#
$17.00-20.50.
Slaughter ewes: Cull to Good shorn $2.00-
4.50.

RANGE AND FEEDLOT SALES

Note: Shrink on most range and feed'ot
sales none to 5 percent, mostly 4 percent f.o.b.
some with short haul and 5 percent shrink. All
sales for immediate delivery unless specified.

ARIZONA, CALIFORNIA, NEVADA AND UTAH -
There was a sharp increase in the movement of
slaughter cattle and in addition, packers drew
heavily from their cattle ir Commercial feed-
lots. Trade was active and prices on slaughter
steers and heifers were steady to 500 higher.
Only a few feeder cattle and calves moved
and prices were steady. Most slaughter cattle
sold for immediate delivery but there was an
increase in the number of contracts for de-
livery from August 1 to October 15. Slaughter
lambs were steady, the volume relatively small
but some contracting was reported in Nevada.
Slaughter steers: California, over
10,000 Choice 875-1225# $26.00-27.00 with
16,000 Good and Choice 860-15300# $25.00-26.00;
Standard and Good 875-1550# $22.00-25.85.
Arizona, 1,050 Choice 1000-1100# $26.00-26.50;









5,500 Gooo and Choice 900-1100, ?23.50-25.90.
Slaughter heifers: California, Choice 600-
30,: $25.25-26.00; Good apd Cnoice 77'-!?g'
t24.5n'-2E.40; Good 775-i'5',- $23.00-24.25.
Arizona, Good and Choice $24.50-25.50, Standard
and Good 7.C-8,-t.= 23,.2.-44.0.n.
Feeder cattle and calves: California,
Choice and Fancy 525- steer calves $'27.00,
sorted from sizable string with 4 percent
shrink; Choice Z5,,54 $27.00 for September 1 de-
livery; Choice 4253 E'26.50 for September; Choice
P754 steers :'p5.50, Good and Choice 64'-<,""?
$23.00-23.50; Choice 700# heifers $25.00,
Choice 625# .r2..--,0; Good to mostly Choice 400-
57r~, calves, $24.50-26.50 for steers and $22.50-
24.50 for heifers.
Eprinp slaughter lambs: California, Choice
and Prime around wooled $22.00 delivered to
plant; Choice and Prime 3-cIr.; with No. 1 and
2 nelts t20.50-21.00. Nevada. 6.000 Choice and


850-95,7 $21.50-22.00. Jieifers, 25 loads Good
and Choice 650-9251 $23.00-24.00,
Feeders: For current delivery, 260 Good
to mostly Choice 370-3904 calves, steers $28.00,
heifers $26.00; 1,500 Good and Choice 500-600#
steers o23.50-24.25.
Sheep and lambs: About 3,000 Good and
Choice spring slaughter lambs $18.00-19.00,
mostly 1e.0,"-18.75; 4,000 Cull to Good slaugh-
ter ewes, mostly with No. 1 pelts, $5.00-6.00;
9,000 Good and Choice spring feeders $14.00-
15.50.
Pmarillo area: Slaughter cattle rather-
slow, fully steady. Not enough sales confirmed
on feeder cattle for an accurate test.
Slaughter cattle: Steers, 235 Good to
mostly Choice 1190-12"9,' $24.50-24.75, 420 most-
ly Good 950-1175# $23.50-24.00. Heifers, 200
mixed Good and Choice e75-885: "23.80.


Prime slaughter lambs and Choice to Fancy feeder OREGON AND WASHINGTON Slaughter steers
lambs $18.00 to deliver at seller's option; and heifers steady to 500 higher, feeder cattle
5,000 Choice and Fancy 75- feeders with Choice and calves firm, slaughter and feeder lambs
and Prime slaughter end $17.00 for September. mostly steady.
Slaughter steers: Washington, 1,650 Good
COLORADO, SOUTHERN WYOMING, WESTERN KANSAS to mostly Choice 1000-110.-- -26.00-27.00; Oregon,
AND WESTERN NEBRASKA Slaughter steers and Good to mostly Choice l1r' -1,Cq 26F.25-27.00
heifers active, steers strong to mostly 25# delivered.
higher, heifers steady to 250 higher. Slaughter heifers: Washington, Good to
Slaughter steers: Colorado, 300 high- mostly Choice 850-50# $24.25-25.00.
Choice and mixed Choice and low- rime 1125-125rpi Feeder cattle: Oregon, 300 Choice and
$26.00; 5,400 Choice 1025-1250# t25.25-25.75, Fancy calves expected 425-450# at fall delivery
1,300 included at r25.75; 350 Choice 1100-i15'; $28.00 for steers and 825.00 for heifers; 600
$25.00 f.o.b. loading point to Iezt Coast pack- mostly Choice 625-750# steers $23.50-24.00.
ers; 600 mixed Good and Choice 1050-120IC Washington, 200 mostly Choice 625-700# steers
$24.75-25.25; 300 mostly Good 950-1200# $21.50- $24.25-24.50; 2,200 Good to mostly Choice 650-
24.00, several lots Holsteins included at $21.5:-3".' steers $23.00-24.00, for July and August
22.00. Western Nebraska, 150 Choice 1150# delivery.
P25.25; 100 Choice 11925- ,$25.00 f.o.b. loading Spring lambs: Oregon, Choice and Prime
point to Colorado packers. Majority steers 4 &5- ~ slaughter $20.00-21.50; 1,900 Choice and
percent shrink and delivered to packing plants Fancy feeders for July "'1.75-16.50. Washington,
unless otherwise stated. 2,300 Choice and Prime 9 6.-37J 20.00-21.00.
Slaughter heifers: Colorado, 60 high-
Choice 94i',- p25.50; 3,500 Choice 850-1050, MONTANA AND NORTt{ERI WYOMING Slaughter
125.00-25.35; 900 included at $25.35; 800 steers and heifers slow, steady. Feeder cattle
mixed Good and Choice CrI-(',7i4 ,24.25-25.00, and calves very active, strong.
mostly $24.50 up. Majority heifers 4 percent Slaughter cattle: Steers, Montana, 100
shrink and delivered to packlin plants. mixed Good and Choice 1050-110,':? 8Z23.90. Wyoming,
Feeders: Trading active, prices strong. 25 high-Good and Choice 106:,' $24.25.
Colorado and Western Nebraska, 500 mostly Choice Heifers, Wyoming, 30 high-Good to mostly
65^ steers p25.00; 500 Choice Fn', steers Choice ? Ps 323.50.
$24.50 for October; 300 mostly Choice 950-1050Y Feeder cattle: For fall delivery, Montana,
steers P22.75-23.75 for August and September; 900 Choice and Fancy 750-850#, steers "23.50-
3,000 Good to mostly Choice 570-"?5/ heifers 24.00, heifers :22.00-23.00. Wyoming, 6,500
$22.75-23.50 for August -October. Choice and Fancy 573-C60C-, steers $24.00-25.25,


NEW MEXICO, WEST TEXAS, WESTERN OKIAHOIA,
SOUTHWESTERN KANSAS Clovis area Slaughter
steers and heifers fairly active, fully steady;
feeder classes slow, steady Sheep and lambs,
fairly active and generally steady.
Slaughter cattle: Steers, 12 loads mostly
Choice 975-150'- .24.5r-25.00; mixed Good and
Choice 95nr- la-, $24.00-24.50; Good 850-1'75c'
'23.On-24.00; few loads Standard and Good


heifers `5.00.
Feeder calves: Montana, October delivery,
5,000 high-Choice and Fancy 325-400; calves,
steers 23.00-5C'.0'.c, heifers $27.00-28.00.
Sheep: Slaughter lambs around $1.00 lower,
feeders strong. Montana, 1,000 Choice 95-105#
spring slaughter lambs $20.50-20.75. Wyoming,
500 Choice and Prime t1'V &22.50 delivered mid-
west; 3,000 mostly Choice feeders $16.00-16.50
for August and September delivery.








WEEKII RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS


-- "----- --- -- ----1.1 '
Market I July 14 July 15
t 1962 : 1961


Chicago .......
Denver ........
Fort Worth ....
Indianapolis ..
Kansas City ...
Oklahoma City.
Omaha .........
St. Joseph ....
St. Louis NSI .
Sioux City ....
Sioux Falls ...
So. St. Paul ..
Total .......


31,708 57,770
7,767 9,815
8,876 8,884
6,901 7,441
15,455 15,825
14,640 14,914
57,523 56,599
14,775 15,815
15,255 14,605
28,240 26,662
11,142 11,110
22,285 25,345
214,547 222,579


- -. -
Calves
5 July 14 July 15
1962 1961
108 556
126 184
1,535 1,549
406 524
656 579
1,585 807
520 446
565 414
1,658 2,202
665 464
68 159
5,794 4,429
11,082 11,915


t July 14 s July 15
s 1962 S 1961
,2,594 50,519
4,581 3,998
1,988 2,278
25,419 25,426
18,264 14,365
4,288 5,741
44,809 58,568
24,268 22,643
46,578 41, 5 .t
56,751 4,102
16,458 15,429
41,218 46,062
297,996 278,451


: Shee and lambs
s July 14 t July 15
5 1962 t 1961
5,637 4,559
11,517 15,085
15,785 12,689
5,423 53,226
7,547 8,217
2,756 4,631
11,441 11,555
8,274 9,194
4,967 5,468
4,264 5,754
8,011 9,079
6,540 9,590
85,942 99,027


J l7, 1962 168,Q4 ,440 241,9-05 __5___, -7-. -_18
INTERIOR IOGA AND SOUTHERN MINNESOTA July 14, 1962 July 7, 1962 July 15, 1961
Hogs ...... 276,000 228,000 276,000
Sheep ..... 15,500 15,100 18,400
INTERIOR ILLINOIS Hogs ...... 84,800 75,800 74,700

FEEDER CATTLEs AVERAGE COST WEIGHT AND NUMBER
--------------------- ---------------------------,----,------------1.1
I Week ended I Month t Six months
S July 12 | July 5 July 131 June June Jan. June
1962 t 1962 8 1961 1962 1961 1962 1961


Steers 1001# up ......... 301
901-1000 ......... 1,268
801-900 .......... 2,261
701-800 .......... 5,274
501-700 .......... 4,865
Total steers 10 markets.... 11,969
Av. wt. .... 7570
Av. eomts U .... $25.41
" Chicago ...... 25.46
U U Kansas City... 23.50
Omaha ........ 25.42
S. St. Paul... 21.50
V Sioux City.... 24.90
w Denver ....... 25.45
U Ft. Worth .... 25.54
Oklahoma City. 22.65
S. St. Joseph. 22.85
U St. Louis NST. 22.71
Total calves 10 markets.. 7,547
heifers .... 2,572
cos .... 470


121
968
1,842
1,635
4,857
9,425
726Y

23.05
?3. -.
23.76
21.52
25.11
23.00
22.69
23.18
25.26
22.95
8,856
2,256
328


736
2,334
2,909
6,837
13,405
71'
$21.24
21.76
21.59
21.49
19.51
21.66
22.05
21.06
20.89
22.08
21.37
7,138
5,667
473


1,866
3,719
9,163
11,798
22,665
49,211
728-Y
"5.55
23.56
23.23
23.99
21.91
24.98
25.08
23.02
23.04
23.79
22.98
27,153
8,268
2,046


* Not adjusted for differences in grade of cattle sold at each


1,378 11,279 16,978
5,464 41,825 47,934
12,189 75,452 79,104
12,714 81,967 98,481
25,349 220,756 254,544
57,094 429,279 497,041
7"6 716, 715.
4'21.88 $23.99 v23.60
22.12 23.46 22.85
21.81 24.07 23.83
22.33 24.25 23.73
21.42 21.78 21.60
23.19 25.35 25.18
21.47 23.96 24.40
21.01 25.34 22.28
21.71 25.57 22.71
22.12 24.07 23.71
21.58 23.38 22.56
29,847 204,581 227,208
9,399 77,474 72,966
2,105 14,207 16,278
market.


ESTIMATED PERCENT OF FEEDER CATTLE AND SLAUGHTER COWS IN SALABLE RECEIPTS
SChi-.Kan.i ISS. t S Sioux'S.St.Indian- Den- I Ft. Okla. Wich-t San
Week ended cago ,Omaha Joseph Louis City Paul ,apolis Ter north City 'ita Antonio

Feeders
July 13, 1962 2 42 7 6 8 24 5 5 10 70 75 26 65
July 6, 1962 1 27 7 7 7 22 5 5 10 65 70 27 65
July 14, 1961 1 25 7 10 8 27 4 5 6 65 62 56 40
Slaughter cosve
July 13, 1962 5 15 8 8 15 b b S12 20 15 10 25 18
*July 6, 1962 5 15 7 7 12 5 25 10 15 15 11 19 15
July 14, 1961 2 15 8 7 11 5 18 12 18 16 12 17 22









STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER I/

Number of head Percent of total Average weight : Average price in
N by grades (pounds) :dollars per 100 lb.
Grade -----------
: Week ended
: July 12 : July 135 : Jly 12 : July 153: July 12 ~ July 13 July 12 :~July 13
---- _1262 1961 : 1962 191_ _s_ 192 __ 19 __ 192_ 19&1 _
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.....


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


1,259 2,753 5.3 9.2 1,249 1,245 27.48 22.98
15,054 20,276 62.9 67.4 1,185 1,199 26.18 22.22
6,909 5,125 28.8 17.0 1,056 1,105 24.72 21.33
533 1,703 2.2 5.7 997 1,109 22.25 20.05

196 218 .8 .7 981 941 20.79 18.48
25,951 30,075 1,145 1,180 25.75 22.01
OMAHA
373 147 1.8 .7 1,164 1,162 26.28 22.48
10,991 10,731 51.8 53.9 1,119 1,156 25.26 21.69
9,112 7,488 43.0 37.6 1,050 1,072 23.76 20.85
710 1,420 3.3 7.1 1,037 1,086 20.65 19.14
21 140 .1 .7 942 945 18.57 18.05
21 207 19,926 ,-,o 1118 24.50 21.19
SSIOUX CITY
87 50 .6 .4 1,202 1,075 26.14 23.00
10,371 7,784 66.9 59.4 1,141 1,183 24.94 21.49
4,454 4,021 28.7 30.7 1,045 1,087 23.68 20.74
542 1,254 3.5 9.5 1,036 1,095 20.47 18.80
45 -- .3 -- 1,035 -- 19.33 --
15.499 13,109 1,110 1,145 24.44 21.05
---~ ~ ~ ~~ A f- --- --- -

41 169 .9 2.5 1,063 1,195 26.30 22.19
2,467 5,613 53.5 54.0 1,078 1,104 25.50 22.17
1,872 2,420 40.6 36.1 999 1,049 24.35 21.10
229 435 5.0 6.5 1,081 1,076 21.26 19.28

62 -- .9 __ 975 -- 17.67
4,609 6,699 1,046 1.083 24.85 21.57


---- ---- ST. -LOUIS S .


1,954
3,364
752

183
6,253


22.5
69.1
6.5

1.9


31.2
55.8
12.0

3.0


1,064
1,014
974

987
1,022


--
1,043
1,034
1,018

983
1,033


25.27 22.52
24.05 21.61
21.54 20.33

19.56 18.78
24.09 21.66


1,410
4,337
408

122
6,277


- - -. -Js -


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


35,876 3,075 48.9 44.9 1,124 1,104 25.19 21.94
5,808 3,431 48.1 50.1 1,050 1,110 23.93 21.05
238 343 3.0 5.0 1,057 1,053 20.91 19.10

7,922 6,849 1,086 1,103 24.48 21.56
~- ~ ----DbtENEK ------------------


Prime.......... -- -- -- -- -- -- -- --
Choice....*.... 2,761 3,432 79.0 76.7 1,113 1,193 25.34 21.95
Good........... 702 956 20.1 21.3 1,028 1,134 23.68 20.64
Standard....... 35 88 .9 2.0 1,085 1,074 21.00 17.86
Utility........ -- -- -- -- -- --
All grades..... 3,496 4,476 1,096 1,178 24.99 21.60
1 Data collected by Statistical Reporting Service, and Livestock Division, A. M. S.








WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS
I Cattle Calves : Hogs 'Sheep and lambs
City or Area :Ju-l 1-4Ju 1 15 Ju 1-4- r5 'Jl 14 Jl 15Tuly 14J 1 15
1962 2 1961 2 1962 : 1961 : 1962 : 1961 : 1962 l 1961


Boston, New York City Area .... 12,061
Baltimore, Philadelphia ....... 8,225
Cin., Cleve., Detroit, Indpls 22,057
Chicago Area ................. 15,528
St. Paul- Wisc. Areas ......... 28,021
St. Louis Area ................ 12,600
Sioux City-So. Dakota Area .... 54,150
Omaha Area ................. 41,019
Kansas City ................... 14,597
Iowa So. Minnesota .......... 57,900
Lonul, Evan'l.Nashel. Mph's ... 6,725
Georgia, Florida, Ala. Area ... 10,896
St. Jo'ph. Wichita, Okla. City. 21,259
Ft. Worth, Dallas, San Antonio. 10,992
Denver, Ogden, Salt Lake City 27,252
Los Angeles, San Fran. Areas .. 27,927
Portland, Seattle, Spokane .... 10,151
Total ...................... 541,080


11,568 10,967 12,165 54,280
8,795 1,287 2,581 29,322
21,980 4,486 5,548 118,416
20,918 7,607 5,297 47,425
355,427 9,608 11,098 79,605
11,985 1,911 1,924 62,987
27,772 -- -- 83,070
42,575 55 111 74,832
17,405 -- -- 51,994
37,154 6,564 6,800 245,095
7,759 2,188 5,572 45,615
9,580 5,672 4,865 21,687
20,285 1,246 1,154 40,064
12,697 4,819 4,510 12,841
26,571 107 320 14,756
28,545 2,551 1,651 25,760
9,185 564 555 17,589


57,410


981,154


59,115 553,524 39,875
27,414 3,868 4,758
99,588 14,534 16,641
56,780 10,900 7,574
85,253 8,522 12,451
63,254 5,004 5,278
86,452 9,714 11,054
72,564 11,156 15,032
30,825 -- --
242,587 25,995 51,552
44,895 -- -
19,550 -- --
55,795 6,512 8,699
14,730 55,981 23,961
12,539 42,761 48,950
26,755 55,478 55,458
14,944 15,781 15,255
257,350


547,793 61,529 9522356 274 518
Accumulation to date ..... 8,775,786 1,654,176 51,177,279 7,155,062
8,620,151 1,705,090 30,018,795 7,440,617



ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
S- --- --- T orAk T --
Beef Veal excl. lard). and mutton_ : Total Total
Week ended Nm- rod. : Num- : Num- : Num- : meat lard
a ber : P od. ber Prod ber : Prod. ber Prod* prod. prod.
S00 mil.1b. 1700 mil.b. 1,000 mil.1b. 1,000 mil.Tb.mil.1b. mil.lb.
July 14, 1962 ........ 415 246.5 90 11.4 1,150 164.8 275 12.4 455.1 -
July 7, 1962 ........ 550 209.0 70 8.9 935 152.9 255 10.6 561.4 --
June 23, 1962 1/...... 598 -- 79 -- 1,175 -- 241 -- 59.1
July 15, 1961f/ ...... 419 255.5 94 12.1 1,105 158.5 292 13.0 456.9 38.7


Percentage change from:
July 7, 1962 ........ 19 18 29 28 23 24 17 17 20 --
July 15, 1961 ........ -1 -5 -4 -6 4 4 -6 -5 0 --
--- ----- -------- Averge w h_(b_ Lar-----------
t ... : Sheep : y.i.Ld
Week ended Cattle I Calves Hogs andSheep labs yield
S- ----------- per
Live Dressed Live Dressed Live Dresseded.Live .Dresed 100 lb.
man mmm mme mm Am em Imee .L PAs seed 10 1b.em m As m ma


July 14, 1962 .......
July 7, 1962 .......
June 23, 1962 .......
July 15, 1961 .......


1025
1050
1055
1040


594
597
605
605


1/ Actual slaughter. 2/ Excludes lard.


14.0








CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
-- --------------------------------------------------------
-North
Chicago Kansas City Omaha Denver Portland
-- --- ----- -- --- ---- ---
Classification : Julv July :July : July .July July JulJuly uly July July
S14 15 .14 15 14 15 : 14 15 14 15
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 300-550#
Choice "
Good 500-500#
Heifer 500-500#
Fancy
Choice
Good
*Medium and Good.
*Medium and Good.


26.75
27.62
26.05
26.50
24.25
22.28


25.05

21.12


15.82
15.52
15.05
15.75


23.25
22.68
22.95
22.00
21.75
20.12


22.72
w--
19.35


15.08
15.20
14.85
13.35


--

25.80
25.75
24.05
21.40


25.50
25.62
19.88


16.58
15.25
14.62
15.40


--

22.88
22.62
21.58
19.25


22.62
21. 00
19.00


15.72
14.70
14.02
12.80


20.65 19.08 18.00 18.25
20.40 19.55 18.50 18.50


25.70
21.75
19.00


26.00
24.25
20.25


21.90
19.90
17.50


24.40
20.80
18.00


26.58
26.55
25.45
25.52
25.25
20.68


25.08
22.75
19.88


16.48
15.52
14.65
15.60


22.95
22.65
22.22
21.92
20.80
19.28


22.50
20.82
18.82


15.28
14.65
14.00
15.28


18.65 18.75
18.90 19.00


26.00
24.00
21.75


-

25.58
25.58
22.50



24.86





15.88
14.88
15.62


22.50
21.90
20.58
18.25


22.92
--
17.75



15.52
14.45
13.28


m--
26.88

25.12
21.25


25.50
25.25
19.25


14.75
14.75
12.75
11.00


-- 18.75
19.00 19.50 19.50


26.05
24.05
21.10


26.50
25.50
22.00


Feeder cattle and calves


25.55
25.00


27.75
26.75
24.38


--
24.62
22.50


27.00
24.50


- 24.58 25.25 24.62
-- -- 22.12 20.75* 22.75


-- 50.25 --
_- 29.12) 26.75
25.88)

-- 27.25 --
24.75)
- 22.62) 24.00


25.530
23.25


25.00
19.50*


51.00 --
29.00) 27.50
25.25)

28.25 --
26.00)
25.50) 24.75


-- 25.50
- 22.75


-- 25.75
-- 20.50*


29.25



27.50


-

23.75

22.25
20.00


22.38
20.75
18.25


15.25
14.75
15.25
11.50



19.00


25.00
235.00
20.00

















0


I I-4
I I I..
... I. ....I

I I


I .. ml







I" "L 1
I i>> "4 1




I i.l NIol
I Is I














co L-o

IH 4
I I* I


I I












I I I
I m i
I S I




I 1,;'-, r
I Ib i




















I.. l4-j I M N
0 H













di ( Dn
I 0 0I1







14- *--, **1
0 I









) H
0 1










I4
S NI


No W
00i 00 CO
H 0N 0



0000

**
CM 020



ND 0D 02

* H H
C-00202
02NN


* *

o 0202



L-i co ao
H H H




H- H H

0O W



ril N t
OD 0 N0

00 00


H H H
ON00









c' o C-2
** ** ** *
9m C










N0 0
H H H

C- 00 2D


H- H H
a3m ir






V: 00 0;
1-1 1l 1-l
to o
S** *** *






0o 0 to




H Hq H
f to V0
02' 0 02





H H H
(0 CD to
No N
HR H











O U0 to
1 U1 -1 11
I CD 02
*m *














r- N-
HMH










020202
** *











C~ to >
H H H
01 m 00
0h 1
C 0
1 m1 -


0200

11 0


* i
CY)m w
C: CZ CZ




c-o







NH
H H- H



0- C0-00


N 0 20
C0 to *

H^ H- H
0MC0202
CZ t; t





H H H
m0 m O
"! C C!







02 Co to
*H** H





[0 tM 02


H H H-

N 0 N^
ril r-i rCO





Ho H
mes










H H- H


HHN8
a;i 00 W















02 02 to
*
** 4** *

mo n o

















NON N



H-l r-H H
CM O V)
awa











(3)m n
0H H^ r-i
am> 1 0
*H *
0me CO



** -**
01 n M
1-1 11>
*. ....
0m f-t





t~ [-


** ** *
CMH 0C


NCI CO
em w
00202



0 CMi 0
oo C




H- H H
0 ND to

Sa; 0;0t
** ** ** -

020202





C- E- V"
CZ 11 it;
H H H



i-l H oH
00 0 Co







H- H H


N ND N
tn o N o









HH
ril r-4 r-1



N2 N N
se H
















o; co cZ



H H- H
O 00 EN




1-1 1-1 H-
00 0











EO CO C
H r-1 H -l
0 0 C











to 02 02
H H H

NO N 02
H- H H-
* -** *















OON

to N


H H H
000
mo m 31
Ne *
com t~
1- e 1- -


* ** -

c<*roo




CO 01 0

* -** *





ma 8M
*v *
* C-
r-1i- r-
0e 0M
.. CM .....
*o *
CO o 0 ^
* 1- -


WNo
Ln CM o

CMom o
* *
t- 94 to

r.9 Cr) LI"

6o -i to
H H H
-** *

0O to N
LO to
* *


I I0


0$..
I I

0 4
i I

I I
; .
- I *


to 9f to 0
H r-H H

tO O 02N


iN to CM
r-f AC- 0 4
H H





o o oL
t o' 1 tI 0 I







r-1 r-1 H- o3
CH H0 43
0
.4. ..4,,.. ..
Hw.jNI I









H- r-1 f-4 r
I


in n '* s







OVI N) 4
rH H H Il
o o 0
NHNi4 4
*** 0


r- I l IH









amel I A
ctol IA

0202020 .r:




c a 8 o
HM0I 0M




'3 in I^
0; oZ ;I I





r-l



mco ) 0

H r- l i
** o D
"I2I I
a0 toIN















*i *- c
H HH 101





I IC











m r-l11
.4 *. 4 .* 4.
rot 1'1' H
** *** *
HHHI 01
I I






01, CM
e**n oo o M
*u l I *
HHH 02



I I
I2o0I I
44HI kI


4


uslI ..II
I I


02 tM o I .

*1 I
HHI
-i t 0 r
I" O .


Hn H Hl




r--i r-
H H


o U)o N

N 0N 0O
r-H r-H H

80 0
00

H-1 H H
** **

I II
ii,.


oa co o O n )
to to c- t0
N- I I I I



m-t r>
totot NNs


000
-i '-ir -i


tD o NOD
H N H

0202m
H r-l H
Ijw
** ** -




1 M02



00 O0 OD
H r- -1
0204




" (D1 V)
02 N to






H H H

H H
0* 2





Ha H
















00 No
N H H


Ns 0202
H r- l
*



























0 0200
HHH

r-1 r-1 ril
00 > C













H H H
!M 8
*o *


** *



** *** -




..- 00 .C



** ** *
0 MH M


CN CN N


H H H

O002 K

Hr r-H

I to 0-'
H r-











021H

me a











,0 l 20
0 0























N. N. N.
o1 l


I I I 0 U O
II 0 Com I-
2Lo0o IV
H r-l H-

I I I N -to
*I IC


r-4 ..H.
Wa er (
10 1 iii I-
H e 1-1 I
mI0 I I
*~ H


C-i I I I


O 0




to*

OH c


N 1N
H H



SOO
0a C0






CD CO *
to










to to
HH
W 0



H H


.. .. .. .. "I
I ON C
I C0-02 a

HHH


I o in m
** I





H r-l r- .
HHH .








O no t
ri H -i -II

I 0 0W 0
* O* I

H r- r-i

0 .4. I




N 0N0





4.L I
r-H HH I
* I
r H HHH







N- to to


N 02020

N> to0to I
H Hr HH


0o CMl C4 O0 WO 0 Lo C%?CQ cl COO CD L O Q OCI O 10 M02 00
OD H lt- wD "~ CD co0 0' 'ml 00 'l l 20US 00 CO < CO D0C tO r-1
o; 0 o; o Zoo 0o t 20 so to En c E- r- t- C c 0- LO Lo
** rI r-**I H 0 20r-120 *-1 *H *** r1 -l r **

.. ...... ........ .. .. .. 1. .. ... .... .. .4 .. .. -4
to to b to o
43 C%20 0 bo0 00 I 0I0 R 10
o 0 4'NMQO!tOOOO 000 000
H N-M OC% C04 Cv CMV04N (O\1 W 0) ..-IIH W) NCV C~CM U) 0 i
.f44~~SNN44 W NN C-2I)00 4 N N4NN NNNIO04U)\
ba (D ICMCo C CM o 1MM .1 1 6 01 CM M a M MC IM C 06 I itA
H O OQOH-TOOC 4 HOOOCOOO H-OOG O0
'00 0H 0'd ICM4l0 0 I CMl. ti)
C9 2 *i CMC C M to w0

H 5 C S ** S Iv '
002 02 CO LVI HIO02 020
::D E z
09 C U) I0 & ca0
P2 02 a


I


..








HOGSs AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES I/
------------7---7 s. --7 7 -- 7^
SST., : I I I t Eight
I : Louis t Kansas : Sioux 'S. St. I S. St.'Indian-' akts.
Week ended :Chicago: Nat'l.: City : Omaha s City 'Joseph 1 Paul tapolis com-
t : Stock : : 2 s : bined
t : Yards : : 2 : i t
AVERAGE COST Dollars per 100 pounds
Barrows July 14, 1962 18.20 18.34 17.83 17.92 17.81 17.81 17.51 18.61 18.02
and July 7, 1962 18.06 18.40 17.69 17.83 17.68 17.85 17.62 18.40 17.96
gilts July 15, 1961 17.87 17.96 17.52 17.57 17.52 17.47 16.98 18.24 17.65
July 14, 1962 14.15 14.50 14.41 14.72 14.44 14.72 14.65 14.59 14.55
Sows July 7, 1962 14.04 14.39 14.46 14.67 14.38 14.62 14.52 14.41 14.45
July 15, 1961 14.09 14.44 14.14 14.21 14.16 14.02 14.15 14.04 14.16
AVERAGE WEIGHT Pounds
Barrows July 14, 1962 233 216 230 232 235 229 232 223 228
and July 7, 1962 236 219 231 234 257 232 230 221 230
gilts July 15, 1961 234 214 228 232 234 228 235 224 228
July 14, 1962 420 411 412 398 381 395 382 431 397
Sows July 7, 1962 422 419 401 400 389 399 356 434 395
J- 1u5lj 1961 409 414 416 394 383 392 377 439 395
NUMBER OF HEAD -
Barrows July 14, 1962 23984 40625 16207 32303 25089 19657 23519 19565 200949
and July 7, 1962 19265 31854 13360 25446 22952 19500 19172 16823 168372
gilts July 15, 1961 20297 35044 12225 26318 23460 18116 23548 20279 179287
July 14, 1962 4365 3773 1320 9472 9869 2999 9901 3364 45063
Sows July 7, 1962 3809 3235 1086 6716 6450 2402 7587 2666 33951
July 15, 1961 6120 3388 1437 9955 8650 3002 12681 3368 48601


sows -
July 14, 1962
July 7, 1962
July 15, 1961

I/ Weighted average.


Percentage of total
15 8 8 23 28 13 30
16 9 8 21 22 11 28
23 9 11 27 27 14 35


AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG,
COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
Week ended I Hog products 1/ Hog prices 2/ t Gross spread
-o -out -a -or margin 3/
July 14, 1962 ........... $19.58 $18.85 $0.53
July 7, 1962 ........... 19.36 18.84 .52
July 15, 1961 ........... 19.42 18.30 1.12
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.
-/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
------------------------------------------------- cgcr
: Barrows and t Corn 2/ s Hog-corn
Week ended : gilts l/ No.3 yellow I price ratio
: Dollars per : Cents per : based on
: 100 pounds : bushel : barrows and gilts


July 14, 1962 .......... 18.20
July 7, 1962 .......... 18.06
July 15, 1961 .......... 17.87
/ Weighted average. 2/ Simple average.


113.3 16.1
114.4 15.8
113.4 15.8








BOSTON WOOL MARKET REVIEW


Greasy domestic worsted wools were slow
in the Boston market, prices held about
steady. Small lots of woolen wools and noils
sold at unchanged prices. The small volume
of unsold wool in the domestic primary areas
remained in strong hands.
The Australian auctions will close for
the season on July 12. Midweek cables indi-
cated a poor selection of mostly "B" and "C"
fault wools with Japan and Continental inter-
ests the chief buyers. Best wools were
slightly easier with others unchanged. The
South American markets remained dormant while
the Cape and New Zealand auctions were closed
for the season.
Fleece Wools Graded 60/62s staple fleece
wools sold around $1.16-1.18 clean basis.
Territory Wools Spot sales were negli-
gible. Recent range sales in Oregon included
about 175,000 pounds of graded medium wools at
52# while 450 was paid for common and braid.
About 50,000 pounds of mixed lambs with some
ewes wool sold at 45# grease basis to be
delivered Portland in August.
Texas Wools Poor style 12 months wools
continued to be sold in Texas around $1.25-
1.25 clean basis, delivered East.
Mohair A modest weight of mohair sold
in Texas at 582# for adult to the warehouse.
Most of this mohair was purchased for ship-
ment abroad. Small clips sold at 58# for
adult and 900 for kid hair to the warehouse.
Foreign Wools Trade in spot foreign
wools continued slow. There was a good clear-
ance at the final sale in Australia. Cape
offerings were limited with insufficient sales
to indicate a price trend while New Zealand
offerings consisted mainly of slipe wool.
Cabled reports at week's end follow with comb-
ing wools converted to clean U. S. oil-combed
yields, in bond.
Australia Oil-combed
62A $1.18
65 1.15
64 1.07

Montevideo Super Skirted Wools Prices
nominal as follows:


65#. Greasy New Zealand carpet fleeces at
700, "B" style earl? shorn wool at 650 and
"BB" style at 66-66T and type 702/5 crutch-
ings at 58-590. A washed Italian white
pulled wool was offered at 59&#. All above
clean wool fibers present for shipment. Re-
sults of the Liverpool sale on July 11 showed
best wools unchanged while medium and coarse
carpet types were neglected.

Woolen Wools Sales follow:

Scoured Pulled Domestic
56/58s ave. 2" white $1.10
Noils
Clear Aust. 58s nobles $.76
Clear B. A. 64s schlums. .58
Scoured Shorn Foreign

Aust. 64s locks good length and
color around 820
Wool Tops The wool tops market was
generally dull. A spot 58/60s dry-combed
territory top sold at $1.58 while a spot
dry-combed territory 54/56s brought $1.50.
Quotes follow:


Warp Aust. D/C
70s $1.98
64s 1.87
62s 1.80
60s 1.70
58/60s 1.63

Oil-combed
58/60s $1.61
56s 1.52
50/56s 1.48


Warp Dom. D/C
$1.95
1.82
1.75
1.67
1.57

Territory
$1.55
1.52
1.48


Fleece


58/60s -
56s -
50/56s -
48/50s -


$1.48
1.45


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


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


Carpet Wools The carpet 'wool trade was
dull. A spot greasy Buenos Aires November
wool sold around 68# clean wool fibers present.
Most mills were closed until July 16 for
annual vacations. Greasy Buenos Aires November
second clip wools were offered at 67-68#,
March at 64-65# and 56/40s lambs wool around


CLOSING FUTURES QUOTATIONS July 12,
1962 (Furnished by the Wool Associates of the
New York Cotton Exchange)
July wool tops $1.680B
October wool tops 1.638B
64s grade 2.55" minimum length

July wool $1.291T
October wool 1.255T
64s grade 21" ave. stretched length











WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT MADE REVIEW

EASTERN SEABOARD Steer beef sold steady
to $1.50 higher, mostly 500-$1.50 up; cow beef
steady to 50 lower; veal and calf steady to
$2.00 higher; spring lamb steady to mostly $1.00
higher, instances $2.00 up; pork loins $1.00-3.00
higher at all markets; other pork cuts steady to
$3.00 higher with spareribs and Boston butts
showing most upturn.
Kosher steer forequarters sold mostly around
$1.00 higher. Kosher veal and calf was steady
and spring lamb sold mainly $1.00 lower.
Supplies were near normal at Washington,
but volume at other markets was mostly moderate.
Demand for steer beef was moderately broad and
outlet fairly well balanced for carcasses and
cuts. Rounds were particularly slow early at
New York, but moderately active at the close
when chain buyers became aggressive. Veal and
calf moved only fair and preponderance of lower
grades slow at New York. Spring lamb was favored
somewhat by non-abundant supply at Eastern
markets and fairly broad interest with practi-
cally all buyers active to some degree. Pork
movement continued good for the most part and
carried strong market tone throughout. Clear-
ance was generally good at the several markets.

CHICAGO Steer and heifer beef sold steady,
veal unchanged, spring lamb 50 higher, pork
loins 8-16# $1.00 higher, Boston butts 4-8# and
spareribs 3# down steady.
All classes fresh meat in mostly moderate
volume for the week, fresh pork tonnage rather
small at the outset. Good and Choice quality
represented bulk of the beef supply, spring lamt
in the main 35-55#.
Carcass beef trade at the best time ruled
only moderately active as the bulk again moved
in primal cuts. Demand was good for arm and
squarecut chucks and particularly rounds which
worked to higher levels, chucks holding steady
with upturns of the previous week. Demand moder-
ate for loins but narrow for ribs and these fully
$1.00 lower. Veal trade was moderately active.
Spring lamb trade generally fairly active through
Wednesday, slowing somewhat later. All lamb cuts
found equal distribution in a fair trade, demand
forelegs noticeably improved over last week.
Outlets were adequate for Boston butts and spare-
ribs. Pork loins fairly active on the initial
session but rather slow thereafter.

PACIFIC COAST Carcass steer and heifer


beef sold moderately active, steady to 500
higher in Southern California and the Pacific
Northwest. An active trade under a good de-
mand at steady to strong prices prevailed in
San Francisco. Cow beef was fairly active,
strong to 50 higher. Calf was slow, about
steady in Los Angeles; veal and calf steady
to strong other areas. Spring lamb sold
moderately active, steady to $1.50 higher in
the Portland-Seattle area; weak to $1.00
lower in San Francisco; and slow, steady,
under a narrow demand in Southern California.
Fresh pork was moderately active, $1.00-4.00
higher in the Pacific Northwest and Northern
California and steady to $1.00 higher in
Los Angeles. Sliced bacon and smoked picnics
$1.00-3.00 higher and smoked hams weak to
$3.00 lower in San Francisco; cured pork
rather slow, mostly steady elsewhere.

CARLOT MEAT TRADE REVIEW

CHICAGO, DEIWEFT., OMAHA, NEW YORK ANL
P':LALLPHIA Steer and heifer beef sold in
an uneven trade. Supplies were near normal
following sharply curtailed volume the pre-
vious holiday-shortened week. Trading turned
moderately active after slowness early. Steer
beef closed steady to $1.00 higher, mostly
strong to 500 higher at Eastern wholesale
centers and Denver while prices were steady
to 500 lower at midwest shipping points.
Heifer beef sold mostly steady to 50 higher,
however, late sales at Chicago were 250 off.
Cow beef was also uneven with prices steady
to 50 lower except at Denver where sales
were strong to 75 higher. Clearance was
complete on all classes.
Carcass lamb supplies continued at
slightly below normal levels. Demand was
fair and trading moderately active at most
points. Closing prices were mostly steady
to $1.00 higher but the trend was $1.00 lower
at Denver. Clearance was complete.
Demand was relatively good and trading
fairly active for normal supplies of pork
products. Pork loins were $1.00-1.50 higher
at Omaha, but were 500 lower at Chicago fol-
lowing last week's late advance. Pork butts
closed fully steady, and pork bellies were
steady to 500 up at Chicago. Fresh hams
sold 500-$2.50 lower on 10-18# weights with
some 18-20# holding steady. Pork sides were
strong to 25 higher at New York and 25-75
up at Philadelphia. Clearance was broad on
all pork products.







i0OLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS
Weekly average of daily quotations in dollars per 100 pounds

Classification New York : Chicago San Francisco Los Angeles
Classification .-.:..z.L....-..-8.. ..__'.......__
t July 14:July 15 IJuly 14 :July 15 tJuly 14 :July 15 :July 14 July 15
: 1962 : 1961 : 1962 : 1961 : 1962 : 1961 t 1962 1 1961


Steer beef -
Prime
Choice

Good

Heifer beef -
Choice


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

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-i1#
Butts 4-8
Spareribs 3# 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


46.25
44.25
45.75
42.00
42.25


59.50
51.00
46.50


41.50
59.25
58.00
37.50
37.25


57.70
48.60
44.60


42.25
41.75
40.75
40.50

42.25
42.25
40.25

55.00
50.00
47.00


37.25
35.75
35.75
35.75

37.25
37.25
55.50

55.00
49.00
46.00


43.75
43.00
45.75
43.00

43.50
43.50
42.00



55.00


39.25
37.88
38.50
37.25

58.50





51.00


1-
42.06
41.12
41.25
40.56

42.50
41.50
40.62


58.81
57.25
38.37
37.25

38.81
37.44


50.00 42.00 48.50 41.19 44.50 38.00 45.25 38.50
50.00 42.00 48.50 41.19 44.50 38.00 45.25 38.50


51.00
38.85
48.50

44.00
45.50


53.10
58.50
53.50

45.00
47.00


55.50 53.00


48.25
36.25
46.50


48.60
35.95
48.00


-- 44.00
51.00 48.00


54.25
40.50
54.50


55.75
41.50
54.75


50.50 46.75
m-- --


49.00
36.50
45.50


53.62
57.50
50.38


45.00 45.00
--- --m


56.50 55.75 59.00 56.50 54.00 54.50


35.00 33.00 36.00 33.50 37.00 33.50 30.50 34.25
13.62 16.00 14.38 14.12 17.50 17.75 16.00 16.75


BULK PRICES CAHLOT BASIS WEEK ENDED JULY 13, 1962
Classification Prie ad 0. B. d -

Choice 600-70# 40.75-41.00 39.50-40.25 40. 25-40.50 42.50-45.50 42.50-45.00
Choice 600-700# 40.75-41.00 59.50-40.25 40.25-40.50 42.50-45.50 42.50-45.00


Good


Heifer beef -


Choice


Good


Cow beef All eight
Utility
Canner and Cutter
Spring lamb -
Prime 3n-4


40.75-41.00
40.25
38.50-59.50
58.50-39.50
58.50-59.50

40.75-41.00
40.75-41.00
38.50-38.75
58.50-38.75

29.25-30.00
50.00-31.00

46.00-46.50
46.00-46.50
46.00-46.50
46.00-46.50
46.00-46.50
46.00-46.50


59.50-39.75
39.00-39.50

36.50-38.75
56.50-38.75

39.50-39.75
59.50-359.75



28.50-29.25


45.00-45.50
45.00-45.50
43.00-45.50
43.00-45.50
43.00-45.50
43.00-45.50


40.00-40.25
39.50

37.75-39.00
36.50-37.75

40.00-40.25
40.00-40.25
58.00
58.00

28.25-29.25
30.25-30.50

44.50
44.50
44.50
44.50
44.50
44.50


42.25-43.00
41.50-42.25
39.00-41.00
40.00-41.50
40.00-41.50


42.25-42.75
41.75-42.25

40.00-42.00
39.50-41.50


-- 42.00-42.50
-- 42.00-42.50



-- 31.50-31.75
-- 51.00-51.50


47.00-49.00
47.00-49.00
47.00-49.00
47.00-49.00
47.00-49.00
47.00-49.00


48.00-49.00
47.50-48.50

48.00-49.00
47.50-48.50


8-12# 46.00-46.50


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


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


kts -


# 5


45-55
55-65
30-45
45-55
55-65


Choice


Fresh pork -
Loins


45.25-45.75


-- 47.00-47.50






COLD STORAGE HOLDINGS OF MEATS AND LARD, JUNE 30, 1962

The seasonal reduction of warehouse stocks of meat and meat products was somewhat
greater than usual. The net reduction during June was 69 million pounds compared with
a decline of 27 million pounds a year earlier and the 5-year average decline of 46
million pounds. However, stocks at 517 million pounds, were 4 percent greater than
a year earlier and 1 percent above average for July 1. Stocks of cooler and freezer
beef, at 127 million pounds, declined 14 million pounds during June compared with a
2-million pound increase a year earlier and the 5-year average decline of 5 million
pounds. Total pork holdings declined 46 million pounds compared with a 29 million
pound decline during June 1961 and the average reduction of 59 million pounds. Frozen
pork declined 47 million pounds while cooler pork increased one million pounds. Other
meats totaled 97 million pounds, a decline of 8 million pounds from June 1.


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


June June
Commodity 1957-61 av.; 1961


COMPARISONS


- I
May t June
1962 1962
" s


1,000 lb. 1,000 lb. 1,000 lb. 1,000 lb.


Beef:
Frozen .
In cure and cured


Total ..


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


0 0 e
0 0 0 0
U U .
U U U .
. oeoo. .
o ,, ,o ,
o i. .
. o o o. .
. .. ee .


Total . .
Pork in cooler:
Dry salt bellies .
Other dry salt pork .
Other park cuts .
Total . .
Total pork .
Other meats and meat products:
Veal, frozen . .
Lamb and mutton, frozen .
Canned meats in cooler:
Hams . .
Other meats .

Total all meats .
Lard, rendered and refined 5S/
GOVERNMENT HOLDINGS 5/ -
Pork . .
Beef . .


9,816 4,042 11,663 8,450
45,131 52,195 48,515 41,576
81,512 64,811 109,525 87,485
1/ 11,559 16,746 15,172
7,654 7,726 6,544
T/ 6,570 8,555 6,652
T/ 6,589 14,571 11,290
I/ 17,222 19,759 18,942
91,697 51,767 61,607 55,840
228,156 202,209 298,445 251,751

11,185 7,454 8,698 6,770
7,57C 6,516 5,265 4,981
51,467 25,821 26,125 29,011
50,020 357,571 40,084 40,762
278,176 259,780 558,527 292,493

9,154 10,508 7,512 6,917
14,629 26,014 17,920 16,011

2/ (69,750 45,276 51,655 49,952
( 21,165 28,455 24,214

509,715 496,115 585,194 516,578


121,457


4,620
5,750


149,600


2,198
2,598


125,500

2,505
1,722


1,843
1,350


I/ No historical data available. 2/ Includes other canned meats. 3/ In dry and
cold storage as reported by Bureaui'of Census. 4/ Not available. 5/ Government
holdings are included in the totals and consist~of reported stocks-held by
U. S. D. A., the Armed Services and other Government Agencies.


125,481
12,543
138,024


144,544
11,026
155,570


128,495
12,852
141,347


114,155
12,876
127,011


.
0 0 .









THE LIVESTOCK AND MEAT SITUATION


Approved by the Outlook and Situation Board, July 2, 1962


SUMMARY

Domestic meat production exceeded year-earlier levels during most of
the first half of this year. The rise was due to increased beef and pork
production. Veal, lamb, and mutton production were down compared with the
first half of 1961. Imports of meat the first half of this year increased
sufficiently to provide 1 pound more meat per person for the year as a whole
than in 1961.

Meat production the last half of this year also likely will exceed the
July-December output of 1961. The increase in meat production will be due to
increased supplies of beef and veal. Pork, lamb, and mutton production will
be below the 1961 level for the last half of the year.

The outlook at the beginning of this year was for an increase in the
total meat supply about equal to the population increase, with per capital con-
sumption slightly below the 161.1 pounds used last year. However, with the
increase in imports the first half of this year, per capital consumption of meat
for the year as a whole, probably will exceed last year slightly.

In mid-May, hog slaughter started its seasonal decrease to a midsummer
low. Prices edged up in early June, and as pork output declined, moved up more
rapidly the last half of June. Slaughter barrows and gilts are expected to
increase in price--probably to an early-August peak--and for the summer months
likely will average about the same as a year ago.

Prices of slaughter steers and heifers likely will continue
weaken through the summer, in contrast to the price recovery achieved in
August last year. The general tendency this year will be for prices to
decline to a fall low, with prices in late September and October below those
of the comparable period last year. Slaughter cow prices continued strong
the first half of this year, reflecting a low level of cow slaughter. As we
move into the late-summer and fall herd-culling season, cow prices probably
will weaken. The extent of the price drop will depend mainly on the amount
of increase in culling.

Lamb prices rose sharply this spring, as the market moved into full-
scale featuring of spring lambs. This recovery brought lamb prices to a level
;4.00-5.00 above a year earlier. Slaughter lamb prices are expected to drop
seasonally luring the summer and fall but to maintain a significant margin
over 1961 prices.


Economic Research Service.






556

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


OFFICIAL BUSINESS

Form AMS-7/17/62
Permit 1001.


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


SHEEP AND


IAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds


Classification


: : : Kansas' Fort : : North
:Chicago: Omaha: City : Worth :Denver : Ogden : Portland


SLAUGHTER IAMBS:
Prime Ju
Ju
Choice Ju
Ju
Good Ju


EWES: (Sho
Good
Good & Ch.


Utility
Cull & Util.
Cull

FEEDER IAMBS:
Fancy
Choice
Good & Ch.


(Spring) 75-10
ly 14, 1962 ...
ly 15, 1961 ...
lyl4, 1962 ...
ly 15, 1961 ...
ly 14, 1962 ...
ly 15, 1961 ...


rn) 90-150#


July 14, 1962
July 15, 1961
July 14, 1962
July 15, 1961
July 14, 1962


(Spring) 60-75#
July 14, 1962 ...
July 14, 1962 ...
July 15, 1961 ...


5#
25.20 25.50 25.10 -- 25.51
19.60 18.00 18.32 -- 19.7
22.65 22.78 22.18 20.00 21.12
19.00 17.75 17.40 16.15 17.40
21.25 21.1,2 19.52 17.00 18.15
17.90 15.80 16.58 15.00 15.08


... 4.50
... 4.75
... 4.75
... 4.75
... 4.50


5.20
3.75
5.20


4.00
5.50
4.00


3.75 3.12
4.45 5.50


6.38 6.22
-- 4.60
5.25 5.52
5.10 3.48
4.50 5.85


17.50 -- 18.75
16.00 15.00 17.58
-- 14.50 -- 9.55 15.40
--------------------


22.72 20.47
18.08 15.92_
21.58 20.22
17.25 15.62
20.00 18.19
16.00 14.44

4.85 3.00
5.62 2.50
4.55 5.50
2.75 2.00
5.55 2.25


18.85
17.75
15.38


15.06
15.50
10.75


- -- 10.50 15.62 16.00


UNI-ERSITY OF FLORIDA


--0,- cjv Lees paid


- ----------------------------


Good July 14, 1962 ...