Livestock, meat, wool market news

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Title:
Livestock, meat, wool market news
Physical Description:
v. : ; 21-23 cm.
Language:
English
Creator:
United States -- Agricultural Marketing Service. -- Livestock, Poultry, Grain, and Seed Division
United States -- Agricultural Marketing Service. -- Livestock Division
United States -- Agricultural Marketing Service. -- Livestock & Seed Division
Publisher:
The Division
Place of Publication:
Washington, D.C
Publication Date:
Frequency:
weekly
regular

Subjects

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

Notes

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

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004691915
oclc - 04512121
lccn - sn 87043107
Classification:
lcc - NOT IN LC
ddc - 338.105
System ID:
AA00008493:00041

Related Items

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

Full Text
-)A2
ww


MEAT,


WOOL


LIVESTOCK DIl
U.S.


Vol. 50, No. 52


WEEKLY SUMMARY

AND STATISTICS


CULTURAL MARKETING SERVICE
ilNT OF AGRICULTURE
WASHINGTON 25, D.C.
August 7, 1962


Week ended August 4


Livestock Market Reviews . *
Livestock Market Receipts (with monthly totals)
Feeder Statistics a # a & *
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 (with monthly totals)
Sheep and Lamb Prices .

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


* 0 6 0 0 *
*. e 6 0 0 .
* 6 0 6 0 0 0 .

* 6 6 6 0 0 *


Special to this issue

Live Animal Prices, Wholesale and Retail Values,
and Marketing Spreads, June 1962 *.* *. o
Commercial Livestock Slaughter and Meat Production, June 1962
Meats Graded or Accepted, by Grades, June 1962 .
Effective Parity Prices, July 15, 1962 .
Prices Received by Farmers, July 15, 1962 *. .
Shorn Wool Production, 1962 . *


Page

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Ill-w I as





MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Prices of slaughter steers and heifers
advanced early in the week under broad demand
and moderate supplies. However, lower mid-
week prices on carlots of dressed meats were
reflected back to the live trade and much of
the advance was erased in late week trading
and some markets closed lower. The average
weight of slaughter steers at the seven markets
was 1087#, the lightest since mid-April 1958.
Slaughter steers and heifers at most centers
sold steady to 500 higher, although late week
declines at Chicago and So. St. Paul left
prices steady to 500 lower. Barrows and gilts
sold steady to 250 higher with the exception
of Sioux City, Kansas City and Sioux Falls
where prices were 25-50f lower. Spring slaugh-
ter lambs advanced 50#-$1.50.

SLAUGHTER CATTLE AND CALVES Prices for
slaughter steers worked higher for the fifth
consecutive week despite moderately increased
receipts. However, wholesale dressed meat
prices broke sharply lower at mid-week and de-
mand for live cattle eased off thereafter.
Chicago, Sioux City and So. St. Paul received
fairly liberal supplies on Friday and prices
worked lower. Weight was an important price
determining factor as supply included a large
percentage of steers scaling 1100I down. The
average weight of all slaughter steers con-
tinued to run considerably below the same
period a year ago. Slaughter steers sold
steady to 50# higher with weights over 1150Q'
finding best outlet. Due to late week de-
clines, Chicago and St. Paul closed steady to
25# lower. Heifers were steady to 50 higher,
best demand for weights 850# and up. Here
again Chicago and St. Paul closed steady to
500 lower. Cows steady to 500 higher and
bulls steady to 500 lower. Vealers steady to
$1.00 lower, except St. Paul strong to $1.00
higher.
Slaughter steers: The top again reached
$30.00 at Chicago, paid for three loads Prime
1200-1275, on Wednesday. Prime 1200-1400#
$28.75-29.75, bulk Choice and mixed Choice and
Prime 1150-140O# $27.00-29.00 with best outlet
for weights over 1200#. At other markets high-
Choice and Prime $27.50-28.50, bulk Choice
$26.00-27.50, Good $23.00-26.00, Standard
$20.50-23.00.
Slaughter heifers: High-Choice and Prime
$26.50-27.00 load Prime $27.25 at Chicago,
bulk Choice 425.00-26.50, Good $22.00-25.00.
Slaughter cows: Utility and Commercial
$14.00-16.50, Canner and Cutter f12.25-14.75,
Canner down to $10.50.

FEEDER CATTLE AND CALVES Continued Good
pasture conditions over most of the important
grazing lands have tended to defer the start of
a volume movement of cattle from pasture to


market. However, the consistently stronger
trend which has prevailed during the past two
and a half months has pushed prices up to levels
which have influenced some growers to start mar-
keting cattle now rather than wait for addition-
al weight gains. Thus, receipts of feeder
cattle at terminal markets showed some expansion
but even so numbers were not large for early
August. Medium to average Choice grades pre-
dominated but over-all quality was at a some-
what higher level than the previous several
weeks with an increased percent of the supplies
well up in Choice. Yearlings made up a large
percent of the marketing but there was some in-
crease in numbers of two-year-old grass steers
and an occasional shipment of three-year olds.
Tn addition, moderate numbers of partly fatten-
ed 800-1050# two-way steers were offered. Trad-
ing generally was active at steady to 500 high-
er prices. This marked the tenth successive
week in which prices have trended upward.
Feeder steers: Good and Choice 800-105CQ
bulked $22.50-25.50; scattered sales Choice
800-900# $26.00. At Sioux City on cattle wear-
ing reputation brands some of the high spots
touched included 1092# at $26.50, 1046# at
$27.00 and a load of 804# at $28.00. Good and
Choice 550-750? brought $23.50-28.00; few loads
575-625# $28.25-29.00. Medium and nixed Medium
and Good 550-750# $21.50-24.75.
Feeder heifers: Good and Choice 525-70Q0
ranged $21.50-26.75, majority $22.00-25.50.
Feeder calves: Limited number Choice and
mixed Choice and Fancy 400-525# steers $30.75-
32.40; other 300-550# steers of Good and Choice
grades largely $26.00-30.50. Good and Choice
3500-500# heifers chiefly $25.00-28.50, load
Choice 360# $29.00.

HOGS Terminal markets Supplies at 12
markets were increased 4 percent over a week
ago, and 12-percent over a year ago. South St.
Paul had the largest one day receipts in four
months on Tuesday, but there was a quick cut-
back as dry weather turned farmers attention to
much needed harvesting operations. Prices on
barrows and gilts were for the most part steady
to 25# higher, although Sioux City was 25-50#
lower, and Kansas City along with Sioux Falls
25-75# lower. Advances were general on sows,
prices were strong to 500 higher, with St. Louis
up 75#-$1.00. At Sioux City, however, prices
were steady to 25# lower. Sow marketing ranged
between 9 and 27 percent of the receipts.
Barrows and gilts: U. S. 1-2, 190-260#
closed at $19.25-19.90 with the extreme top of
$20.00 at St. Paul setting a new high in nearly
four years. Most No. 1-3, 190-250# $19.00-
19.50, some down to $18.75 at Kansas City and
Sioux Falls.
Sows: U. S. 1-2, 270-330# closed at $16.75-
17.75; No. 1-3 330-400# $15.50-17.50, and







No. 2 and 5 400-550# $14.00-16.25.
Feeder pigs were 50 higher at St. Paul
with Choice 120-160# at $17.50-18.00. Prices
at Sioux City were steady, Good and Choice 130-
17Q0# $15.50-16.75.
Average cut-out value advantage of U. S.
No. 1 over No. 3 live basis 200-220# barrows
and gilts was $1.01 per cwt. based on wholesale
carlot prices of fresh pork cuts at Chicago,
July 26, to August 1, 1962 inclusive.
Interior lowa-Southern Minnesota receipts
totaled 262,000 compared with 251,000 the pre-
ceding week and 244,000 a year earlier. Barrows
and gilts under 200# made up a larger proportion
of offerings. About 16 percent of receipts
consisted of sows. Prices advanced moderately
under the small receipts and good demand. Bar-
rows and gilts were 15-35# higher, mostly 25-
55# higher; sows steady to 35# higher, mostly
25# higher.
Barrows and gilts: On Friday, U. S. 1-5
200-240# brought $18.25-19.00, a small volume
No. 1-2 $18.75-19.25.
Sows: No. 1-3 270-400# sows $15.00-16.50,
few No. 1-2 $16.50-17.10; No. 2-3 400-550#
$15.50-15.25.
Interior Illinois Receipts totaled
91,000 head compared 78,900 last week and
65,200 head a year ago. For the week barrows
and gilts sold 25-50# higher. Sows were 25-75f,
extremes $1.00 higher.
Barrows and gilts: On Friday U. S. 1-3
190-25Q# $18.25-19.00; most 200-250# $18.75-
19.00. No. 1-2 195-255# $19.15-19.35. Several
hundred head No. 1 195-255# $19.25-19.50. No.
1-3 250-270# $17.75-18.50.
Sows: U. S. 1-5 250-400# $15.00-17.00.
No. 2-5 400-600C $13.00-15.25.

SHEEP AND lAMBS The twelve market re-
ceipts totaled 76,000 head, compared 65,000
last week and 77,000 last year. Compared with
the previous week's close, spring slaughter
lambs sold 25# to $1.50 higher. Slaughter ewes
sold steady to 50# higher and the limited feed-
er lamb surly moved steady to 50# higher. Re-
ceipts were primarily spring slaughter lambs
and included a few shorn offerings.
Spring slaughter lambs: Choice and Prime
80-112# mostly $22.00-25.50 and few reached
$24.00 late. At Denver, Choice to mostly Prime
89-112# high-yielding lambs moved at $23.75-
24.70 during week, t$2.10 down late. Most
Choice 77-ll10# $20.00-23.00, Good and Choice
75-112# $18.00-22.00. Few loads Choice and
Prime 79-99 Bo. 1 and 2 pelts $21.50-25.50.
Old-crop slaughter lambs and yearlings:
Good and Choice 84-.10# No. 2 to fall shorn
$17.00-18.75, one deck $19.50 at St. Paul.
Slaughter ewes: Cull to Good shorn $3.00-
6.50.
Feeder lambs: Choice and Fancy 62-94#
$17.00-18.50 with sales to $19.70 at Denver.
Good and Choice 55-90# sold at $14.00-17.00.
Interior lowa-Southern Minnesota area
sheep and lamb receipts totaled 15,400 head,


compared with 15,300 the previous week and
8,100 a year ago. Price advances on dressed
lamb at wholesale centers prompted a good de-
mand within the area and spring slaughter lambs
sold 50#-$1.00 higher than the previous week's
close'. Slaughter ewes and the sprinkling of
old-crop slaughter lambs and yearlings were
steady.
Spring slaughter lambs: Choice, and few
Prime, 80-110# delivered to packing plants sold
at $21.00-22.501 Good and Choice $20.00-21.50.
Old-crop slaughter lambs and yearlings:
Good and Choice 80-115# mostly No. 1 pelts
$16.00-18.00.
Slaughter ewes: Cull to Good shorn $2.00-
4.50.

RANGE AhD FEEDLOT SAIES

Note: Shrink on most range and feedlot
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, CAIUFORNIA, NEVADA AND UTAH -
Slaughter steers active and steady to 500 high-
er, Slaughter heifers steady; feeder cattle
and calves little changed and spring lambs
steady.
Slaughter steers: California, 175 Choice
960# $27.50, 6,500 mostly Choice 900-1150#
$26.25-27.00; 10,200 Good and Choice 925-1550#
$25.00-26.15, 1,350 high-Standard ard Good
950-1050# $24.00-24.85. Arizona, 825 Good and
Choice 950-1100# $25.25-26.00, Good 850-1000#
$24.00-25.00 for delivery through September.
Utah, mostly Choice 1050-1160# $25.25-25.50.
Slaughter heifers: California, 2,550
mostly Choice 850-960# $25.25-26.00, 1,400
Good and Choice 800-975# $24.00-25.10. Arizona,
2,450 Good and Choice 800-850# $24.50-25.00.
Utah, mostly Choice 825-875# $25.00-25.25.
Feeder cattle and calves: California,
Choice 918# steers $26.25, Good and Choice
600-900# $23.50-25.00; Choice 650# feeder
heifers $22.50; Choice 400-575# steers $25.00-
28.00, 400-525# heifers $23.00-26.00. Arizona,
Choice 350-525# mixed calves,steers $27.00-
29.00, heifers $25.00-27.00; Good and Choice
475-650# mixed steers $22.50-24.00, heifers
$21.00-22.00. Utah, Choice 575-450# mixed
calves, steers $28.00 and heifers $26.00, Oct-
Nov. delivery.
Spring lambs: California, Choice and
Prime 95-105# No. 1 pelts $21.50-22.00, 90-
105# No. 1 and 2 pelts $20.00-21.00. Nevada,
Choice and Fancy 75# feeder lambs $21.25,
Choice and Fancy 80# feeder lambs $20.00, all
delivered to California.

COLORADO, SOUTHERN WYOMING, WESTERN KANSAS
AND WESTERN NEBRASKA Trading on slaughter
cattle direct at feedlots active through Wed-
nesday, but late trade slow. Slaughter steers
sold steady to 25#, instances 50# higher,
strength confined primarily to Choice steers







weighing over 1200(. Slaughter heifers were
steady to weak.
Slaughter steers: Colorado, 325 average-
Choice to Prime 1200-1350- $27.00-27.75; 5,750
Choice 1025-1200, $26.00-27.25, 350 high-Good
and Choice 1100-1175# 25.00-26.25, 200
Standard to mostly Good 1050-1125# $22.75-24.00.
Slaughter heifers: Colorado, 150 high-
Choice with few Prime 990-1000# $26.50; 2,925
Choice 875-11rn'0 25.75-26.35; 175 high-Good
and Choice 925-975# $25.25-25.75.
Feeder cattle: Contracting for immediate
to October delivery continues at a very good
pace. Contracts confirmed on over 35,500 head
at strong to $1.00 higher prices, some sales
$1.50 higher :or heifers. Wyoming, 5,150 Choice
to Fancy 650-675, steers $24.25-25.00. 2,550
mostly Choice 575-625; heifers $23.CC-24.00.
Nebraska, 2,700 Choice and Fancy 925-1175=
steers $23.75-24.25, immediate to early Septem-
ber delivery. Around 4,300 Choice and Fancy
625-725 heifers $23.00-25.00; one string Choice
two-year-old 800# heifers $23.50, all above
heifers August early September delivery.
Colorado: 8,850 Good to mostly Choice 625-700#
steers $24.00-25.00, October delivery. 9,600
Good to mostly Choice 575-650# heifers $22.90-
24.25, September-October delivery. 300 mostly
Choice partly fattened 750# heifers $24.50.
1,850 Choice 350W mixed calves, heifers $30.50,
steers $52.50, October delivery.
Sheep and lambs: Contracting of feeder
lambs in ,Wyoming continues at steady prices
with over 35,000 head contracted. Choice and
Fancy 60-754#, feeder lambs $17.00, late
September-October 10th delivery.

NEW MEXICO, WEST TEXAS, WESTERN OKIAHOMA,
SOUTHWESTERN KANSAS Clovis Area Slaughter
steers and heifers fairly active, steady to 25#
higher. Feeders, cattle and calves moderately
active, generally steady. Slaughter lambs and
ewes fairly active, steady. Feeder lambs
active, steady to 50# higher.
Slaughter steers: Choice 920-1100# $25.00-
25.50, Good and Choice 875-1090# S24.25-25.00,
Good $23.50-24.50, Standard 22.00-23.00.
Slaughter heifers: Choice 680-9254 $24.50-
25.55, Good and Choice 620-90Cr $23.00-24.50.
Feeders: 3 450 head Good to mostly Choice
575-675# steers $23.50-24.75, some for October
delivery; 225 Medium to mostly Good 6O-E50-
steers $21.25-21.50. 1,200 mostly Good 300-1551i
heifers $22.75-24.00. 350 Good and few Choice
390-42%^W steers $24.50-25.25. 1, 340 Good and
mostly Choice n600-85r, heifers l23.00-23.50;
900 Choice 375-43Q0 steers ."30.nO and heifers
$28.00 and $27.00; 1,225 Good and Choice 425-
475# steer and heifer calves $28.00 and $26.00.
Slaughter lambs and ewes: 650 Good and
Choice spring lambs $19.00. 2,000 Cull to Good
ewes with No. 1-5 pelts $4.00-5.00.
Feeders: 6,300, Good and Choice 65-75#
spring feeder lambs $14.00-16.00. For October
delivery, 11,200 head Good and Choice feeder


lambs $15.00-15.50, with buyer dipping.
Amarillo Area Trading cn slaughter steers
and heifers fairly active, 25-50# higher with
the full advance on steers. Feeder cattle
steady to 500 higher. Calves steady to $1.00
higher.
Slaughter steers: 100 Choice 1160-1170#
$27.00, 460 Good and Choice 1000-1100# $25.50-
26.00.
Slaughter heifers: 350 Good to mostly
Choice 85'-1,707? 824.75-25.50.
Feeder cattle and calves: 5530 Choice and
Fancy 500-550? steers $27.50; 1,100 Choice 65Q0#
heifers $23.00-23.50. 250 Choice and Fancy 400-
475" steers $31.00, heifers 128.00. 400 Choice
and Fancy 35rC heifers $28.00. 100 Choice 325#
steers $30.00, heifers $28.00.

OREGON AND WASHINGTON Slaughter cattle
steady to 50# higher. Feeder cattle and calves
steady. Spring lambs steady to 500 higher.
Slaughter steers: Oregon, mostly Choice
1040-1140# $27.00-27.25, guaranteed 61 percent
yield. Washington, Good and Choice 960-113Q0#
$26.50-27.50. Standard and Good 900-l18
$22.50-23.75, some delivered, some f.o.b.
Slaughter heifers: Washington, Good to
mostly Choice 860-900# $25.00-25.50, some to
September delivery. Good 860-870# $24.75.
Feeder cattle: Washington, Good and Choice
700-800# steers $24.00-24.50, through October
delivery. Good and Choice 650-700# $24.25 for
steers, $22.50 for heifers f.o.b.,September de-
livery. Good and Choice 625-700# mixed, $24.50
steers and $25.00 heifers. Good and Choice 665-
675# heifers $22.50-23.00 f.o.b. to October de-
livery. Oregon, Choice and Fancy expected 400-
450# October to November delivery $27.00-28.00
for steers, some heifers $25.00.
Spring lambs: Washington, Choice and Prime
85-10Q# $19.50-20.50 for slaughter, some de-
livered. Choice and Fancy 80# feeders $17.75.

MONTANA AND NORTHERN WYOMING Feeder
cattle and calves active, steady prices.
Feeders: October delivery, 1,600 Choice
and Fancy mixed expected 650-700#, steers
$26.00, heifers $23.75-24.00, 4,000 mostly
Choice mixed expected 675-800# steers $24.00-
25.00, heifers $22.50-23.00; 550 Choice 900-
ID-,7, steers $23.50-23.75. 400 Choice and
Fancy PC'O heifers immediate delivery $24.00.
700 Fancy 375-400Q steers $32.00-33.00 October
delivery. 8,000 Choice and Fancy 400-450#
November delivery, steers $28.00-31.00; heifers
$26.00-28.00. Wyoming, 1,000 Choice and Fancy
350-400#, October delivery, steers $29.00-30.00,
heifers $27.00-28.00.
Sheep: Active, slaughter lambs steady.
Feeder lambs strong to 50# higher.
Spring slaughter lambs: Wyoming, 1,100
Choice and Prime 100# $22.50-24.50 delivered.
2,000 Good and Choice 85-100# $19.00 f.o.b.
10,500 Choice and Fancy 85-90# feeders Septem-
ber delivery, $17.85-18.25, 30-40 percent fat.







WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
- "- T 1t ~ taliSe!i 1 I 1 Xogds -
Market Aug. 4 Aug. 5 Aug. 4 t Aug. 5 Aug. 4 Aug. 5 Aug. 4 Aug. 5
S1962 1961 .. -i6 1 _6 19-6. _26 __ _1961 _
Chicago ........ 30,114 54,001 67 158 24,775 24,756 2,419 3,759
Denver ......... 6,813 8,445 119 126 5,040 4,658 15,964 18,227
Fort Worth ..... 5,290 9,577 1,049 2,532 1,381 1,573 8,506 7,659
Indianapolis ... 7,487 6,555 465 682 28,245 27,433 5,196 2,550
Kansas City .... 17,743 15,358 1,081 1,231 16,584 14,559 3,809 3,502
Oklahoma City .. 10,684 10,321 1,308 791 3,188 3,084 1,457 1,291
Omaha .......... 37,680 31,769 727 277 40,892 33,651 9,629 8,653
St. Joseph ..... 16,527 14,509 349 315 21,748 18,070 7,829 7,524
St. Louis NSI .. 17,330 13,265 2,061 1,556 45,078 41,229 4,171 4,645
Sioux City ..... 26,305 25,382 1,207 506 32,495 24,662 4,840 6,128
Sioux Falls .... 9,344 7,304 56 225 15,507 10,808 6,479 6,336
S. St. Raul .*. .4 1.. 1845 1494 _. 3129_- 19 41 _59,367 7 ,769 6,818

Total .......... 206,160 194,980 11,598 11,516 274,044 243,830 76,068 77,092
" July 28, 1962 198,188 11,558 263,357 65,186
INTERIOR IM A AND SOUTHERN MINNESOTA Aug. 4, 1962 July 28, 1962 Aug. 5, 1961
Hogs ....... 262,000 251,000 244,000
Sheep ...... 13,400 13,300 8,100
INTERIOR ILLINOIS Hogs ....... 91,000 78,900 65,200
SALABLE RECEIPTS OF LIVESTOCK AT 25 PUBLIC MARKETS
MONTH OF JULY
- : T a t -- --- Wv-e T an"mEss
market I - I H ~ paclS%_
SI96L2 1961 :1962 : 1961 : 1962 2 1961 : 1962 : 1961
Chicago ........ 130,194 163,457 479 865 120,574 116,700 11,639 16,552
Denver ......... 52,742 41,061 432 397 21,793 18,664 43,845 51,929
Fort Worth ..... 33,636 33,256 5,176 5,800 7,163 7,241 46,770 38,380
Indianapolis ... 52,124 50,975 2,043 5,254 108,137 103,815 11,131 11,335
Kansas City .... 76,133 69,608 4,002 2,759 75,464 62,111 25,932 19,472
Oklahoma City .. 48,885 46,145 5,416 3,007 13,922 12,895 10,010 9,704
Omaha .......... 166,515 151,344 2,011 1,695 173,990 152,388 41,763 41,748
St. Joseph ..... 70,Q91 61,707 1,502 1,507 102,388 85,697 29,313 27,069
St. Louis NSr .. 68,528 61,000 7,654 7,172 190,725 171,456 20,892 20,185
Sioux City ..... 119,248 114,072 4,522 2,471 156,069 125,401 20,970 28,213
Sioux Falls .... 43,155 57,780 162 488 67,268 59,465 24,199 30,112
S. St. Paul .... 90,000 85,959 14,919 15,152 174,055 170,296 30,179 29,437

Total
12 markets ... 911,229 896,342 48,298 44,565 1,191,548 1,086,109 314,645 323,936
Baltimore ...... 7,225 6,229 1,538 1,153 15,424 7,442 1,257 952
Cincinnati ..... 14,255 12,908 2,765 2,777 40,326 38,151 7,488 8,091
Detroit ........ 23,056 21,499 1,619 1,839 4,241 4,943 2,640 3,496
Evansville, Ind. 9,361 9,801 1,121 1,175 42,214 40,603 2,877 4,402
Houston ........ 2,829 3,490 9,323 8,726 52 83 1 14
Lancaster, Pa... 15,860 14,339 2,722 2,634 5,008 5,725 2,296 2,276
Louisville ..... 18,417 15,334 6,726 6,593 27,062 24,823 16,219 20,784
Nashville ...... 10,731 7,836 3.287 2,980 13,168 12,815 7,491 9,513
Ogden .......... 5,903 6,673 296 678 1,540 1,585 61,479 49,028
Peoria ........ 10,502 8,567 362 462 57,756 54,650 4,767 5,260
Portland, Oreg.. 10,529 9,421 1,894 1,711 6,241 6,823 23,243 25,608
San Antonio .... 21,442 17,132 9,736 5,509 5,775 3,961 5,460 2,791
Wichita ........ 16,536 17,311 242 180 17,465 15,244 20,389 19,619
Total
25 markets ... 1,077,475 1,046,882 89,929 80,980 1,423,818 1,302,957 470,250 475,770
-----------------------------------------------------------------------
INTERIOR IOWA AND SOUTHERN MINNESOTA July 1962 July 1961
.Hogs ........... 1,123,000 1,116,000
Sheep ............ 60,400 58,700
INTERIOR ILLINOIS Hogs ............. 560,600 316,300



















































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STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER i1
Number of head Percent of total 2 Average weight Average price in
s Number of head s I
by grades (pounds) :dollars per 100 lb.
Grade ------ ------- ------- -- -
I Week ended
: Aui :g. Aug7. 3 Aug. 2 Aug. 3 : Aug. 2 : Aug.3: Aug. 2 : Aug. 3
: 196 2 : 1961 : 6 __ _6 __ _6 _161 _:_ _].16 __ _Ua61 _
CHICAGO


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

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

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

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


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


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



Choice.........
Good...........
Standard.......
Utility........
All grade .....
e Data colle


2,381 2,225 10.6 8.5
14,832 16,757 66.2 63.9
4,564 5,985 20.4 22.8
495 1,033 2.2 3.9
-- 17 -- .1
122 218 .6 .8
22,394 26,235
OMAHA


332 1.4 2.1
9,451 49.5 58.9
5,351 45.4 33.3
885 3.6 5.5
-32 .1 .2
16,051

497 1.7 4.1
8,048 57.5 66.9
2,692 35.5 22.4
583 5.1 4.8
211 .2 1.8


- _12.,7 12,0 31
- ---- ---------------!
88 103 1.9 1.8
2,108 2,976 45.3 53.0
1,956 2,264 42.1 40.3
497 250 10.7 4.4

-- 26 .5
4,649 5,619
- ---- -----


1,811
4,070
286

66
6,2553


25
1,889
3,651
343

77
5,985


--
29.0
65.5
4.6

1.1


.4
31.6
61.0
5.7

1.3


1,240 1,212 29.05 23.55
1,151 1,191 27.57 22.90
1,033 1,174 25.78 22.33
1,007 1,019 22.60 20.94
1,337 -- 20.76
1,024 989 21.01 19.30
1,133 _.LI80 27.28 22.74

1,181 1,112 28.00 23.35
1,102 1,145 26.76 22.56
1,053 1,090 25.11 21.58
1,036 1,077 22.01 19.95
892 890 19.75 18.50
1_078 1,121 25.88 22.11

1,273 1,181 28.00 23.35
1,116 1,182 26.67 22.60
1,035 1,088 25.11 21.88
1,042 1,038 21.68 20.08
918 1,012 20.09 19.13
-_ 6 .-1,151 25.91 22.31

1,044 1,205 27.92 22.98
1,061 1,140 26.79 22.70
1,023 1,029 25.29 21.85
1,028 996 21.99 20.15

-- 942 -- 18.14
1,041 1,089 25.68 22.26


-
1,059
997
961

869
1,012


1,223
1,086
1,016
1,034

902
1,039


26.41
25.25
21.14

19.25
25.56


24.00
22.98
21.99
20.46

19.01
22.21


------------------------*^^^^~~---~---------------------

8 -- .1 -- 1,308 -- 29.00 ..
3,108 2,923 41.8 41.2 1,096 1,156 26.76 22.83
4,037 3,843 54.4 54.2 1,042 1,081 25.27 21.92
272 327 5.7 4.6 1,145 1,115 22.24 19.94

7,425 7,093 1,069 1,114 25.80 22.22
---------------------- -------------- D --- ---- ----- ----- ----------------
12 -- .5 1,330 -- 27.50 --
1,886 2,685 70.8 79.2 1,123 1,168 26.76 23.05
685 586 25.7 17.3 999 1,096 25.24 21.77
80 118 5.0 3.5 1,060 1,043 21.85 18.89

2,663 3,389 1,090 1,151 26.26 22.69
cited by Statistical Reporting Service, and Livestock Division, A. M. S.
cted by Stiatistical Reporting Service, and Livestock Division, A. M S.


266
9,489
8,692
689
19
19,155

215
7,567
4,541
652
32








WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS
S Cattle Calves u.Hos 'Shesp and lambs
City or Area Aug.4 Aug.5 Aug.4 .5 Aug.4 Aug.5 .4 Aug.5
1962 1961 1962 1961 : 1962 1961 : 1962 : 1961


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
--- I -- : oFk- "- am -
Beef Veal (Lexcl. lard). and mutton : Total Total
Week ended ,m Numi- i : Num- : Num- : meat lard
b uer a Prod' er : Prod ber : Pr ber od : prod. P prod.
1,000 mil.1b. 1,000 mil.1b. 1,000 mil.1b. 1,000 mil. b.mil.1b..mil. ib.
- - --234- --4


,ug. 4, 1962 .........
July 28, 1962 .........
July 14, 1962 1/......
Aug. 5, 1961 T/......


254.4
239.8

227.5


10.5
11.0

10.5


1,095
1,075
1,140
1,05533


155.7
150.9

145.9


12.4 411.0
12.2 415.9


12.2


595.9


Percentage change from:nt
July 28, 1962 .......... -1 -2 -- -5 2 2 2 2 -1 --
Aug. 5, 1961 ......... 5 3 6 2 6 5 -- 2 4 --
- --- --- --- -- -rge e gh b ~--- - -
------ -- ?g-egt-(b)- 7 Lard

Week ended Cattle Calves Hogs ean p l s_ yield
: : per
SLive _Dressed, e Dressed- Live Dreseased. Live 1Dressed 100 lb.

Aug. 4, 1962 ........ 1010 586 220 124 242 140 92 45 --
July 28, 1962 ........ 1020 592 250 130 242 140 92 45 --
July 14, 1962 1/ .... 1025 594 225 127 247 145 92 45 -
Aug. 5, 1961 T/ .... 1050 599 225 129 244 141 92 45 15.6

I/ Actual slaughter. 2/ Excludes lard.


--

37.4
34.5


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


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


Boston, New York City Area .... 11,665 11,308 10,509 11,068 34,984 355,956 29,862 36,170
Baltimore, Philadelphia ....... 9,001 8,774 1,505 1,785 25,805 24,715 2,712 4,075
Cin., Cleve., Detroit, Indpla 22,185 20,726 4,965 3,853 118,856 98,201 14,015 14,336
Chicago Area ........ ....... 15,812 18,040 6,594 5,627 44,886 55,444 12,541 7,590
St. Paul- Wisec. Areas ......... 25,598 26,597 8,198 10,807 78,682 82,183 7,420 10,125
St. Louis Area ; ..................12,592 11,835 1,971 1,483 65,550 57,785 5,678 5,5372
Sioux City-So. Dakota Area .... 29,660 26,938 -- -- 73,153 75,671 9,264 11,102
Omaha Area .................... 40,486 36,271 155 95 70,677 66,321 11,609 12,076
Kansas City ....... ........... 14,441 14,956 -- -- 30,562 26,658 -- --
Iowa So. Minnesota .......... 32,687 30,112 5,747 4,650 222,669 210,058 18,617 19,776
Lou'l, Evanfl.Nashtl. Mph's ... 7,597 6,883 2,759 2,416 42,141 44,588 -- --
Georgia, Florida, Ala. Area ... 10,605 9,197 5,739 3,656 20,151 18,919 -- -
St. Jo'ph. Wichita, Okla. City. 20,065 19,070 1,242 1,061 35,961 553,857 5,726 7,075
Ft. Worth, Dallas, San Antonio. 11,502 11,167 3,457 4,033 13,073 13,509 35,609 35,566
Denver, Ogden, Salt Lake City 26,003 25,451 107 224 14,481 12,803 50,886 46,651
Los Angeles, San Fran. Areas .. 26,428 26,142 2,282 1,088 25,665 27,3552 27,914 31,951
Portland, Seattle, Spokane .... 9,135 9,350 398 230 14,785 14,684 13,601 11,750
Total ...................... 325,260 55,568 952,059 245,254
310.,617 52,74 87j,444 -25.551
Accumulation to date .......9,761,081 1,797,499 553,971,415 7,883,984
9,567,295 1,866,993 32,681,660 8,202,495







CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
-: : : North
a Chicago Kansas City Omaha Denver : Portland
S~~~~~~~~~~ ~~ ~ ~^ ~------- y - ^- --


Classification : Aug. : Aug.
4 : 5
: 1962 1961


Steers -
Prime

Choice

Good
Standard

Heifers -
Choice
Good
Standard


Aug. i
4 :
1962 ,


Aug.
5
1961


Aug. Aug.
4 5
1962 1961


Slaughter cattle calves and vealers


900-O1100#
1100-1500
900-1100
1100-1500
900-1100



700-900#
600-800


Cows -
Commercial
Utility
Cutter
Canner


28.50
29.02
27.20
27.62
24.98
22.75


25.92

22.13


15.25
15.12
14.75
13.58


23.78
25.48
23.40
22.72
22.48
21.02


22.62

19.20


15.20
15.10
14.72
13.45


J--
27.50
27.08
24.98
21.98


26.20
24.08
20.40


16.40
15.52
14.20
12.88


25.12
22.85
21.75
19.58


22.88
21.58
19.38


15.78
14.90
14.28
135.05


27.95
28.32
26.95
27.20
24.42
22.08


25.90
25.62
21.00


16.50
15.62
14.50
13.50


Bulls Tr1gs. excl.
Commercial
Utility

Calves 250-500#
Choice
Good
Standard

Vealers 150O-250#
Choice
Good
Standard



Steers 500-800gff
Fancy
Choice
Good

Heifers 500-7504
Choice
Good

Calves -
Steer -
Fancy 500-550#
Choice n
Good 500-500*'
Heifer 500-500#
Fancy
Choice
Good


19.70 18.98
19.45 19.48


17.75 17.72
18.30 17.88


23.00
21.50
19.00


25.00
25.50
20.50


21.25
19.00
17.00


24.00
21.00
18.00


17.75 18.30
18.25 18.30


25.00
25.25
21.00


18.75 19.70
18.75 19.70


25.00
25.25
20.25


18.25 --
19.00 19.00


26.50
25.00
22.00


Feeder cattle and calves


-- --
- 25.50
- 25.00


28.58
27.58
25.00


25.38
25.38


--
27.12 25.12
25.12 23.25


- -- 24.75 23.50 25.12 23.00
-- -- 22.25 20.75* 25.00 19.75*


-- 51.00 --
29.50) 26.88
26.25)

-- 27.58 --
24.75)
-- 22.75) 24.2


51.50 --
29.25) 27.00
26.20)

28.25 --
26.00)
25.50) 24.75


m--
26.00
23.25


25.50
22.75


21.50


-- 23.75
20.50*




29.00) 29.25
26.00)


27.50


*Medium and Good.


Aug. ,
4
1962 =





26.65
26.65
24.07



25.65





15.25
14.25
12.88


Aug. ,
5 t
1961 :





23.25
22.75
21.15
18.78


23.22

17.92



15.60
14.62
13.62


23.78
23.45
23.02
22.78
21.78
20.20


22.78
21.55
19.72


16.28
15.32
14.50
14.00


Aug.
4
1962 :





26.86

24.75
20.50


25.25
25.50
19.50


14.75
14.50
15.00
11.25


Aug.
5
1961





25.62

22.25
19.75


22.25
20.75
18.25


15.50
14.50
12.75
11.25


25.00
25.00
20.00













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HOOS5 AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
- -- -- -- -- -- IT- -- T-8T.- 7 -- T T- T ^
5 S. t a = Eight
I I Louis 1 Kansas: I Sioux IS. St. I S. St.'Indian-' mkta.
Week ended sChicagot Nat'1. City City : Joseph I Paul tapolis I com-
S : Stock t : f 2 1 bined
1 t Yards I : I I 1 2 1
AVERAGE COST Dollars per 100 pounds
Barrows Aug. 4, 1962 19.05 18.86 18.94 18.98 18.90 18.84 18.92 19.10 18.94
and July 28,1962 18.76 18.56 18.59 18.80 18.93 18.64 18.69 18.91 18.72
gilts Aug. 5, 1961 17.77 18.02 17.94 17.96 18.11 17.90 17.89 18.17 17.98
Aug. 4, 1962 15.63 15.46 15.85 15.76 15.92 15.98 15.92 15.24 15.76
Sows July 28,1982 15.29 15.06 15.40 15.48 15.75 15.33 15.49 14.73 15.39
Aug. 5, 1961 14.76 15.20 14.89 14.94 15.03 14.94 14.93 14.71 14.93
AVERAGE WEIGHT Pounds
Barrows Aug. 4, 1962 229 214 225 225 226 224 224 221 222
and July 28,1962 225 213 228 227 228 224 225 222 223
gilts Aug. 5, 1961 229 211 223 227 225 222 220 218 221
Aug. 4, 1962 405 410 593 388 375 586 576 433 390
Sows July 28,1962 402 433 599 389 574 390 377 438 393
Aug. 5, 1961 397 398 404 394 375 385 368 452 588
UMBER OF HEAD -
Barrows Aug. 4, 1962 16,056 38,921 14,299 28,119 22,572 17,743 25,835 24,523 188,068
and July 28,1962 15,916 38,211 15,799 26,817 18,333 18,891 25,998 20,525 178,490
gilts Aug. 5, 1961 15,677 35,607 12,518 22,351 15,637 14,019 22,504 22,494 160,607
Aug. 4, 1962 5,170 3,968 1,483 9,520 8,522 3,147 9,054 2,687 43,351
Sow July 28,1962 4,067 3,683 1,368 9,075 6,465 3,097 9,377 2,957 40,089
Aug. 5, 1961 5 628 3.621 12546 958 505 3.075- .58 5 5 45 153
SOWS Percentage of total
Aug. 4, 1962 24 9 9 25 27 15 26 10 19
July 28,1962 23 9 8 25 26 14 27 13 18
Aug. 5, 1961 26 9 11 29 32 18 30 13 21
/ Weighted average.

AVERAGE WHOIESALE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG,
COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
Week ended R Hog products 1/ Hog prices 2/ 1 Gross spread
S1 or mrgin 5/
Aug. 4, 1962.............. $20.32 $19.28 $1.04
July 28,1962 .............. 20.05 19.05 1.00
-Aug. 5, 1961.. ........ 19.49 18.12 1.37
-~~~~~~~ -Ag ^-9 ----***- l-49- -- -- J^l- -_ -- I-- -
1/ Value of all edible products, fresh basis (lard rendered) in 100 lb. of live
hog computed from wholesale prices on carlot basis, Chicago, reported by National
Provisioner daily market report.
2/ Mean of daily quotations on U. S. No. 1,2 and 3 hogs, 200-220# wt. Chicago.
3/ Difference between wholesale product value and hog prices.

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

Aug. 4, 1962........... 19.05 109.9 17.3
July 28,1962........... 18.76 110.6 17.0
Aug. 5, 1961 ........... 17.77 115.5 15.7
S-Weighted average. 2/ Simple average.
VWeighted average. 2/Simple average.







HOGS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES I/
------------^--- 7s-- 7 7 7 7^
1 2 2 2 2 : 'Eight
I : Louis : Kansas: Sioux IS. St. I S. St.tIndian-' mkts.
Month :Chicago: Nattl., City I Omaha I City Joseph Paul apolis com-
t : Stock It I :3 a t bined
I t Yards I : I I t I I
AVERAGE COST Dollars per 100 pounds
Barrows July 1962 18.34 18.45 78.16 18.25 18.20 18.16 18.08 18.69 18.30
and June 1962 16.93 17.13 16.68 16.77 16.70 16.70 16.66 17.36 16.87
gilts July 1961 17.85 18.07 17.86 17.84 17.81 17.76 17.45 28.28 17.87
July 1962 14.62 14.80 14.93 15.11 14.95 15.04 15.04 14.63 14.95
Sows June 1962 13.84 14.00 13.97 14.02 13.98 13.98 13.90 15.67 13.95
July 1961 14.19 14.51 14.59 14.52 14.41 14.45 14.52 14.10 14.57
AVERAGE WEIGHT Pounds
Barrows July 1962 250 216 229 231 232 227 228 222 226
and June 1962 239 222 235 240 240 235 258 229 254
gilts July 1961 252 212 227 231 231 227 230 222 225
July 1962 412 415 404 592 380 392 574 435 595
Sows June 1962 429 425 420 408 399 411 588 458 411
July 1961 409 410 412 393 380 388 574 459 393
NUMBER OF HEAD -
Barrows July 1962 81105 166150 65588 122220 96321 84049 103969 88453 807655
and June 1962 110366 164744 68555 146598 131803 97184 99270 90590 908910
gilts July 1961 77792 144348 54497 103068 84454 68306 92209 835498 708172
July 1962 19144 16273 5882 38560 55196 12659 40328 15191 179255
Sows June 1962 17926 14277 4979 50472 26629 9860 52190 11825 148158
July 1961 22954 15222 5768 39974 33614 12159 43150 13225 186066
SOWS Percentage of total
July 1962 19 9 8 24 26 13 28 13 18
June 1962 14 8 7 17 17 9 24 12 14
July 1961 23 10 10 28 28 15 32 14 21

1/ Weighted average.

AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG,
COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
Mont7 I Hog products 1/ Hog prices 2/ 1 Gross spread
Hog prat 1/, or margin 5/
July 1962 ............... $19.60 $18.85 $0.75
June 1962 ............... 18.55 17.76 .77
July 1961 ............... 19.57 18.51 1.26
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
: Barrows and I Corn t Hog-corn
: gilts 1/ I No.3 yellow t price ratio
o Dollars per : Cents per t based on
: 100 pounds I bushel : barrows and gilts
July 1962 ............ 18.34 2/ 112.1 16.4
June 1962 ............ 16.95 T/ 115.7 14.9
July 1961 ............ 17.85 T/ 115.6 15.7

2/ Weighted average. 2/ Simple average.






BOSTON WOOL MARKET REVIEW


Trading on greasy domestic combing wools
in the Boston market continued slow at steady
prices. Woolen wools were quiet at steady
levels while noils were slow with a slightly
easier trend.
Range sales in the territory States were
limited while occasional lots of fleece wools
were sold in the native States. Twelve months
wools continued to move slowly in Texas at firm
prices.
All Dominion markets were closed for the
summer recess. Wool sold in Perth, Australia
with an easier tendency for merinos while other
wools were unchanged. The South American mar-
kets continued dull. New clip Montevideo wools
were offered at about two cents below this year's
clip while prices in Buenos Aires were un-
changed.
The Crop Reporting Board of the U. S.
Department of Agriculture announced wool shorn
and to be shorn in 1962 was estimated at
248,806,000 pounds grease basis. Production at
this level is 5 percent below the 261,570,000
pounds for 1961 but 5 percent higher than the
1951-60 average. The total number of sheep
shorn and to be shorn in 1962 was estimated at
29,592,000 head and is 4 percent below last
year but 2 percent above the 10-year average.
Fleece Wools Graded 60/62s good French
combing and staple fleece wool sold around $1.16-
1.18 clean basis while graded 56/58s staple
and good French moved around $1.08-1.10 and
50/54s staple wool brought around $1.07-1.08
clean. Low quarter-blood grading 46/48s fleece
brought around $1.05-1.04 clean while medium
burry fleeces sold at $1.02 and medium grade
fleece lambs wool was estimated around 820
clean basis.
Territory Wools Trade in territory wools
was restricted. A greasy bulk 56s good crutch-
ings sold at an estimated clean cost of 700
delivered East.
Texas Wools Average style 12 months wool
sold in Texas from $1.26-1.50 while better
style wools ranged from $1.50-1.55 clean basis
delivered East. Recent range sales from Texas
included a couple cars of 12 months wool rang-
ing from 51-55#3 grease basis and was estimated
around $1.25 clean, delivered East.
Mohair Some fall mohair sold in Texas
at 51' for adult and 86,# for kid hair to the
warehouse while spring hair in small volume
moved at 561 and 86i to the warehouse for
adult and kid hair respectively. Trade in the
local market was dormant.
Foreign Wools Trade in spot foreign
wools continued slow and supplies were limited.
Quotations on greasy Montevideo super skirted
wools were changed as follows: 60/64s $1.04-
1.06, 60s $1.01-1.05, 60/58s 980-1.00, 58/56s -
960-980, 56/50s 95f-974, and 50s 950-950.
Carpet Wools Spot carpet wools were slow
to move. A scoured black Spanish carpet wool
brought 480 while scoured white Buenos Aires
November second clip wool sold around 690.


Greasy Buenos Aires November wool was offered at
650-66#, March at 610, lambs from 610 to 635 and
fleeces around 70-714, all clean wool fibers
present for shipment. Greasy New Zealand "B"
style fleeces were priced at 690, "B" style
second shear from 620-650, "BB" second shear 64f
to 68f and 702/5 crutchings from 54# to 580.
Woolen Wools Sales follow:
Scoured Pulled Domestic
56/58s 1"-2" white $1.10
Scoured Shorn Domestic
Terr. 60/64s short off-wools, fair color 810
Scoured Pulled Foreign
N. Z. 56/58s 21"-53" ch. $1.15

Noils
Clear Aust. 70s nobles 900
Good Aust. 70s nobles 870
Semi-clear Aust. 58s nobles 740
Clear 64/70s schlums. 684
Clear N. Z. 48/50s X-bred nobles 724
Wool Tops The wool tops market continued
rather quiet. There were occasional sales of
fleece oil-combed 54s and dry-combed 58s tops
while dry-combed 60s tops were moved for Govern-
ment orders. Quotes follow:


Warp Aust. D/C


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


$2.01
1.90
1.85
1.75
1.66


Warp Dom. D/C
$1.96
1.85
1.78
1.70
1.60


Oil-combed Territory Fleece


58/60s $1.64
56s -
50/56s --


$1.58
1.51
1.48


$1.48
1.45


Late Range Sales Follow: New Mexico,
22,000# 2", and longer 464-480 grease, $1.25
clean basis. 2,000# 2 and longer 444 grease,
$1.20 clean. 6,000# 22" and longer 550 grease,
seedy and burry $1.20 clean. 55,000# original
bag, bulk fine, territory wool 424-474 grease,
$1.25 clean. Approximately 1,500,000; of
original bag bulk fine wool will be offered at
sealed bid sale August 7 through 11 at Albu-
querque, New Mexico.



CLOSING FUTURES QUOTATIONS Aug. 2, 1962
(Furnished by the Wool Associates of the
New York Cotton Exchange)
October wool tops $1.667B
December wool tops 1.655B

October wool $1.251T
December wool 1.255T









WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEW

EASTERII SEABOARD Steer beef sold steady to
$2.00 higher, cow beef weak to $1.50 lower. Veal
was steady to mostly $1.00 lower, except Wash-
ington, steady to $1.00 higher. Calf sold fully
$1.00 lower at New York. Spring lamb closed
largely $1.00 lower at Philadelphia, otherwise
steady to mostly $1.00 higher. Pork loins were
steady to $5.00 higher with most upturn at New
York and Philadelphia. Other pork cuts steady
to $2.00 lower, except spareribs and fresh
skinned hams, steady to $1.00 higher at New York
and hams steady to $1.00 higher at Washington.
Kosher dressed steer forequarters were fully
$1.00 higher at New York ulth kosher spring lamb
forces fully steady, but the trend for veal and
calf was weak.
Supplies of beef were near normal, but Wash-
ingten reported above normal in-shipment. Early
receipts represented greater volume for current
week, these mainly Good to average-Choice car-
casses. Veal and calf showing mostly normal.
Spring lamb mostly moderate and pork volume
rather small. Carcass beef outlet was normal and
cuts moved fairly good except arm chucks at
New York and these, along with rounds, met rela-
tively poor demand at Philadelphia. Veal moved
fairly well at all markets, except New York where
both veal and calf lagged until the closing
session when clearance was effected as demand
broadened at the decline. Spring lamb moderately
active at New York, but rather slow at other
markets. Pork met moderate demand for the most
part, except loins draggy at close in Phila-
delphia. Clearance in general was fairly good
at Eastern Seaboard markets.

CHICAGO Compared to the previous Friday:
Steer beef weak, heifer 50 lower, veal fully
$1.00 higher, spring lamb $1.00-1.50 higher, pork
loins 8-16# 500-$1.50 lower, Boston butts 4-8#
and spareribs 3# and down steady.
Current week's fresh meat offerings only
moderate but in most instances proved fully ade-
quate for trade requirements. Beef in the main
consisted of Good to average-Choice quality.
Demand was only moderate for carcass beef,
early advance a result of sharply higher costs
last week. However, the upturn was erased in
the later trade. Ribs and loins generally had
adequate outlets, arm and squarecut chucks and
rounds very slow and lower. Moderate demand pre-
vailed for all weights and grades of veal. De-
mand generally fair for spring lamb, higher re-
placements also influencing upward trend this
class. At the outset, legs and ribs outsold
other primal cuts, however, from midweek on


movement of loins, stews and shoulders im-
proved somewhat. Fresh pork trade generally
was moderately active, loins slowing late.

PACIFIC COAST The price trend on car-
cass steer and heifer beef was fairly uniform
over the entire area, steady to 500 higher,
most upturn on Choice. Cow beef was rather
slow, steady to 500 lower in Los Angeles,
steady to weak other areas. Calf sold firm
to $1.00 higher in Los Angeles, steady other-
wise and rather slow under fair demand. Spring
lamb followed an uneven pattern, steady in
Los Angeles, steady to $1.00 higher in San
Francisco and steady to $2.00 lower in the
Portland-Seattle area. Pork prices were also
uneven, most sales steady to $1.00 higher in
Los Angeles; fresh pork loins $1.00-2.00
higher in San Francisco but spareribs $2.00-
4.00 lower. Loins were $1.00-2.00 higher in
Portland-Seattle, other pork cuts mostly
steady.
Moderate supplies of most meats were
generally ample for demand.

CARLOT MEAT TRADE REVIEW

CHICAGO, DENVER, OMAHA, UFiW YORK AND
IP-2 LAD1LPHIA Price declines were general
for steer and heifer beef this week, the first
major downturn since the middle of June.
Supplies were fully normal and slightly larger
than either a week ago or a year ago. Trad-
ing was moderately active early but turned
slow at midweek under very limited demand.
Steer beef sold weak to $1.00 lower except at
New York where Choice was strong to $1.25
higher. Heifer beef sold largely 500-$1.50
lower. Demand continued good for cow beef
and prices were uneven, mostly steady, with
sales steady to 250 higher at Chicago. Clear-
ance was incomplete on steer and heifer beef
at shipping centers. Clearance was good on
cow beef.
Demand was good for an increased offer-
ing of carcass lamb and trading was moderately
active. Prices were $1.00-2.00 higher with
sales $2.00-3.50 higher at Denver. Clearance
was generally complete.
Pork supplies were liberal and larger
than either a week ago or a year ago. Demand
was fairly good and trading moderately active.
Pork loins sold $1.00-1.75 lower at Chicago
and Omaha. Pork butts were steady to 500
lower. Fresh hams sold 50 -$1.50 higher.
Pork carcasses were 25-750 higher at New York
and Philadelphia. Clearance was good on pork
products.








iIOLESAIE 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 = s a -
lA -. 4 r-Aug. -5- Aug. 4: Aug. 5 s Aug. 4 : Aug. 5 : Aug. 4 T Aug. 5
t 1962 : 1961 : 1962 : 1961' : 1962 : 1961 l 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 8-12#
Butta 4-8
Spareribs 5# down
Hams, sink. skd. -
Cook before eating 12-16#
Fully cooked 10-14#
Bacon, smoked, sliced -
#I package (box lots)
Picnics, smoked (Cook
before eating) 4-8#
Lard, 1# carton


47.50
47.00
46.50
43.25
45.25


58.70
50.20
47.50


40.35
39.30
38.30
37.55
57.05


55.00
46.50
42.50


44.62
44.58
42.62
42.38

44.45
44.45
41.95

54.25
50.25
46.25


38.50
37.12
36.75
36.75

37.88
37.88
36.12

52.25
46.81
43.81


45.00
44.50
44.25
43.58

44.25
45.50
45.00



55.00


40.25
58.50
39.50
38.00

38.50





51.00


Q--
42.84
42.19
42.06
40.75

45.00
42.19


39.17
37.38
38.25
37.42

38.92
38.08


49.00 39.05 46.81 40.00 45.25 38.50 45.50 39.50
49.00 39.05 46.81 40.00 45.25 58.50 45.50 59.50


54.00
39.00
48.10

45.00
46.50


47.20
38.90
49.90

44.50
46.50


56.00 54.50


52.05
37.50
46.50


44.38
55.75
47.00


58.00
45.50
51.00


54.00
41.00
52.50


45.25 50.00 49.00
52.25 49.75 -- -


57.75 58,25


59.00 60.00


55.62
40.62
49.50


51.50
37.50
49.17


45.56 47.00


54.62 58.50


355.00 52.50 35.00 34.25 56.50 55.00 51.81 55.00
15.00 16.25 14.75 14.50 17.50 17.75 15.50 17.00


BULK PRICES CAMBOT BASIS ZEEK ENDED AUGUST 5, 1962
Classification 4- F0- 50- 4 u-ver. -~ 0 :- "- w-- r l0 -7 4 4. 45.0cfa

Choice 600-700# 42.00-42.50 40.50-42.00 42.00-42.50 44.00-45.00 44.50-45.00


Good


Heifer beef -
Choice

Good


Cow beef All weig
Utility
Canner and Cutter
Spring lamb -
Prime 50-4


Choice


Fresh pork -
Loins


42.00-42.50
42.00-42.50
39.50-41.00
39.50-41.00
39.50-41.00

41.50-42.00
41.50-42.00
59.50-40.00
39.50-40.00

29.00-29.25
28.75-29.25

45.50-46.00
45.50-46.00
45.50-46.00
45.50-46.00
45.50-46.00
45.50-46.00


8-12# 48.50-49.50


40.50-42.00
41.00-42.00

37.50-40.50
37.50-40.50

40.50-41.50
40.50-41.50


42.00-42.50
42.00

39.75-41.00
58.50-59.75

41.25-41.75
41.25-41.75
59.25-39.50
59.25-39.50


28.00 28.00-28.50
-- 28.00-28.50


44.00-45.50
44.00-45.50
45.50-45.00
44.00-45.50
44.00-45.50
43.50-45.00


44.50
44.50
44.50
44.50
44.50
44.50


-- 47.75-48.25


44.00-45.00
44.50-45.00
40.50 42.50
40.50-43.00
40.50-43.50


44.00-44.50
44.00-44.50

42.00-45.50
41.50-45.00


-- 45.50-44.00
-- 43..50-44.00



29.50-51.00
-- 29.00-29.50

46.00-48.00 48.00-49.00
46.00-48.00 47.00-48.00
46.00-48.00 47.00-47.50
46.00-48.00 48.00-49.00
46.00-48.00 47.00-48.00
46.00-48.00 47.00-47.50

49.00-49.50


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

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


its -


45-55
55-65
50-45
45-55
55-65


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COMFRCIAL. IIVESTOCK SLAUGHTER, UNITED STATES, JUNE 1962 2/

-------------- ---.-------------------------''3
Cattle : Calves
: Other .
Month and Federally other Av* Federally Other
period :inspected com- Total live inspcom- Total
: mercial weight inspected mercial
-- -- -- -- --------------------------------- ----- -- -- -- --------------
Thousand head Pounds Thousand head
Jane 1962 ......... 1,717.6 475.1 2,190.7 1,011 542.5 175.4 517.7
June 1961 ......... 1,785.2 482.8 2,268.0 1,016 565.7 204.1 567.8
Jan.-June 1962 2/.. 9,902.8 2,798.2 12,701.0 1,017 2,400.5 1,149.5 5,549.8
Jan.-June 1961 /.. 9 755.5_ 2,815.5 121550.8 1022 2 ~90.9 1,558.8 5,729.7


June 1962 ......... 5,041.0
June 1961 ......... 5,092.8
Jan.-June 1962 /.. 54,147.4
Jan.-June 1961 j/.. 52,670.4


Hogs
~ 90.6~ 5,94.6 246
919.9 6,012.7 248
5,724.7 39,872.1 259
5,858.1 58,508.5 259


: Sheep and lambs
S1,061.9- 1 80.~7 1,242".6- 95" 3
1,251.6 192.6 1,444.2 95
7,210.1 1,040.6 8,250.7 99
7,585.4 1,001.6 8,587.0 101


1/ Excludes farm slaughter. 2/ Accumulated totals based on unrounded head and live weight.


COMMERCIAL I-EAT AND LARD PRODUCTION, UNITED STATES, JUNE 1962 I/
Month and : Beef Veal rk 2/ : Lamb : Total 2
period : : and mutton : meat -
Mil. lb. Mil. lb. Mil.lb. Mil. lb. Mil. lb.
June 1962 ..... 1,274 72 852 56 2,254
June 1961 ..... 1,555 79 854 66 2,552
Jan.-June 1962 4/ 7,595 448 5,640 598 15,881
Jan.-June 1961 / 7,554 467 5,550 425 15,594


1/ 5Ecludes farm slaughter. 2/ Excludes lard and rendered pork fat.
-/ Includes rendered pork fat. 4/ Accumulated totals based on unrounded data.
Statistical Reporting Service Crop Reporting Board.


MEATS AND MEAT PRODUCTS GRADED, OR ACCEPTED AS COMPLYING WITH
SPECIFICATIONS--BY THE U. S. DEPARTMENT OF AGRICULTURE 1/
B ------- --- 1 T lL -- --4-4.---


Grade


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


: June : June
1962 1961
Thous. pounds


19,891
468,799
141,114
18,454
4,155
4,520
851
70


20,854
484,957
156,795
19,488
5,084
6,719
4,759
114


June June
" 1962 : 1961
Thous. pounds
65 150
2,267 2,857
9,525 10,786
1,251 1,554


aw) nvi mu on UJ
June June
1962 : 1961
Thous. pounds
5,541 4,282
18,575 21,470
1,085 2,079


1,925


- 12 11


Total ........... 657,654 676,768 12,962 15,228 25,155 28,600

Bull and stag beef .. 556 762
All other meats
and lard.......... 15,550 12,111

I/ Data pertain only to meats offered to the U. S. Department of Agriculture for grading
or acceptance.


Lard 5/

Mil. lb.
190
205
1,199
1,211


Av.
live
:weight,
Pounds
247
249
225
224







AVERAGE PRICES RECEIVED BY FARMERS FOR LIVESTOCK, FEED AND WOOL


: July : June
Commodity and unit : 15 : 15
: 1962 : 1962

Prices received by farmers -


Hogs
All beef cattle
Cows
Steers and heifers
Calves
Sheep
Lambs
Wool 2/
Corn
Oats
Barley
Hay, all baled
Cottonseed


Per cwt. Dol.

It it
n n 11
ff H1 t
!1 ii H


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


Bushel
n1


Index numbers: (Av. Jan. 1910-Dec. 1914 =
All farm products
Feed grains and hay
Meat animals
Prices paid by farmers -
Commodities & services, interest,
taxes and wage rates


16.90
21.00
14.60
23.40
24.80
5.b6
19.10
.457
1.04
.621
.986
19.10
49.00


16.2
16.6
16.6


16.10
20.80
14.80
23.10
24.80
5.44
19.50
.464
1.05
.684
.980
19.70



15.6
16.0
16.5


May
15 :
1962 :


15.30
21.10
14.60
23.50
25.20
5.51
17.30
.463
1.03
.667
1.02
21.40
m--


14.9
15.2
15.9


July
15
1961


16.60
19.20
14.20
21.10
22.90
4.81
16.00
.421
1.05
.642
.924
19.30
49.00


15.8
16.1
16.2*


100)
240
155
310


305


: Average
: Jan. 1957 -
: Dec. 1959


17.30
20.60
15.10
23.10
25.50
6.48
19.90
.438
1.10
.622
.892
19.10
47.60
July av.
1951-60
13.7
14.0


1957-59
242
159
303

1947-49
250


1/ Estimates of Crop Reporting Board.
2/ Average local market price, excluding incentive payment. Monthly average.
3/ Bushels of corn equal in value to 100 lbs. of hog, live weight.
*Revised.
EFFECTIVE PARITY PRICES FOR LIVESTOCK, FEED AND WOOL 1/

Adjusted : Effective parity prices 3/
Commodity and unit : base :--_ ----- _based_oql data-_flgr_
: prices 2/ : July_196 : June 1962 :_ _July 1961_


Hogs Per cwt.
Beef cattle i it
Calves "
Lambs "
Wool Per lb.
Corn bu.
Oats H .
Barley ,
Cottonseed ton


Do]
It



it

ui
It


L........ 7.09
...... ... 7.73
......... 8.58
......... 7.98
......... 4/ .241
......... .526
......... .276
......... .413
......... 4/ 20.60


21.60 21.60 21.20
23.60 25.60 25.60
26.20 26.20 26.10
24.50 24.30 25.10
.735 .755 .747
1.60 1.60 1.61
.842 .842 .837
1.26 1.26 1.24
62.80 62.80 62.40


I/ Parity prices are computed under the provisions of Title III, Subtitle A, Section 301 (a) of
the Agricultural Adjustment Act of 1938 as amended by the 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.
3/ 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).







Wool shorn 1961 and 1962, by States

SNumber sheep shorn / Weight per fleece 2/ Wool production
State :-1-D-year: :~ -year : l-ye-ar : :
: average: 1961 : 1962 : average 1 1961 : 1962 : average : 1961 : 1962
19, : -60 1 1951-60 : 1951-60 : a
St1,006 "1,0oTd" 00 ,W------------------------- 5- -~;o'5o~~ ,50
: ead head hoad Pounds Pounds Pounds pounds pounds pounds

Maine ...: 28 32 32 6.8 7.0 7.1 190 224 227
N.H. ..: 8 6 6 6.7 6.7 6.8 51 40 41
Vt. .....: 10 10 10 7.1 7.3 7.4 73 73 74
Mass. ...0 11 11 10 7.0 7.1 6.9 75 78 69
R.I, o ..: 2 2 2 6.4 6.6 6.5 13 13 13
Conn. .,.: 7 6 6 6.7 7.0 6.5 48 42 39
N.Y- ....: 136 123 124 7.6 7.6 7.6 1,028 934 941
N.J. ....: 13 14 13 7.2 7.2 7.0 91 101 91
Pa..... 227 221 216 7.5 7.2 7.3 1,698 1,591 1,577
t


Ohio ....:
Ind. ....:
Ill.....:
Mich. ..:
Wise ....:


Minn. ...:
lcwa o,, :
Mo. .s...:
N.Dak. ..:
S.Dak. ..
Nebr. ...:
Kans, ,.,:


Del. ...:
Md. .....
Va.....
W.Va. ..,*
N.C. o. .
S.C. ....:
Ga. ...:
Fla. ....:


Ky. .* o:
Tenn. ...o
Ala. a..:
Miss. ...:
Ark. ...:
La. .....:
Okla. ...
Texas o...


1,059
436
574
351
220


734
1,143
819
503
1,140
554
488


4
39
294
278
44
8
22
4


563
252
43
71
46
91
174
5,752


922
422
610
346
199


831
1,409
661
616
1,604
656
675


5
31
284
250
48
10
19
6

423
194
26
53
43
88
214
6,431


915
424
605
346
203


807
1,380
656
586
1,506
664
667


5
27
256
238
45
9
16
5


347
173
19
42
36
74
196
6,083


8,832
3,274
4,500
2,905
1,738


5,818
8,906
6,072
4,710
10,507
4,115
4,022


25
256
1,657
1,498
260
49
147
22


3,822
1,416
243
378
285
383
1,424
45,913


7,418
3,223
4,582
2,904
1,575


6,549
10,530
5,054
5,799
15,747
4,921
5,414


32
211
1,676
1,375
288
65
127
21


2,834
1,086
151
292
280
396
1,675
52,225


7,384
3,259
4,532
2,904
1,534


6,592
10,398
4,950
5,679
14,861
4,818
5,417


32
181
1,459
1,309
279
56
110
19


2,360
934
114
227
241
333
1,523
47,605


Mont ... 1,551
Idaho ...: 1,014
Wyo. ,,.: 1.-52
Colo. ... 316
N.Mex. .. 1,282
Ariz. ...: 410
Utah ... 1,265
Nev. ,.. 392
Wash... 300
Oreg. 779
Calif, 2,414
Total 48 --
States 28,720 -


1,581
1,043
2,081
1,721
1,137
523
1,176
275
313
897
2 503


1,394
1,007
2. c36
1 536
1,118
169
1,129
270
307
657
2 .0 -


10.0
10.2
10.5
9. 3
9.3
7,2
9.8
9.3
9.3
8.6
7,3


10.2 10.5
10.1 10.3
10.5 10.4
8.9 9.1
9.1 94
6.7 7.3
10.0 9.9
9.2 9.2
9.2 9.1
8.1 7.8
7.9 7.6


15,564
10,371
20,546
12,233
10,962
2,958
12,343
3,648
2,779
6,714
17 554


16,180 14,672
10,522 10,378
2.',9$3 21,261
15,266 14,809
10,364 10,500
3,509 3,431
11,706 11,124
2,525 2,479
2,870 2,794
79230 6,668
19,719 18,508


30j751 2._ 392 8,43 8.50 8.47 2422116 261.370 248,806


Alaska -- 12 2 -- 10. 7 11. 128 132
.I/ '2nulEeis~seep shon -a'S -o -r-ia L----iing r I--. -
2/ For Texas and California the weight p,-r fleece is the average per animal and not the average
per shearing since some sheep are shorn more than once each year.
Statistical Reporting Service Crop Reporting Board




UNIVERSITY OF FLORIDA
II l I llIII I IIID GBl I II II IlII I
3 1262 08500 5642
roszage ano leea palo.


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


OFFICIAL BUSINESS

Form AMS-8/7/62
Permit 1001.


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


SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
: : : Kansas : Fort : North
Classification : Chicago: Omaha : City : Worth :Denver : Ogden Portland
: : : :


S






I


I


SLAUGHTER IAMBS: (Spring) 75-105y
Prime Aug. 4, 1962 25.25 25.05
Aug. 5, 1961 18.70 18.02
Choice Aug. 4, 1962 22.50 22.55
Aug. 5, 1961 17.70 17.18
Good Aug. 4, 1962 20.25 20.80
Aug. 5, 1961 16.05 15.45
EWES: (Shorn) 90-1i50
Good Aug. 4, 1962 4.75 5.62
Good & Ch. Aug. 5, 1961 3.40 3.25
Utility Aug. 4, 1962 5.00 5.62
Cull & Util. Aug._ 5 1961 3.40 3.38
Cull Aug. 4, 1962 4.50 5.00
FEEDER IAMBS: (Spring) 60-75#
Fancy Aug. 4, 1962 -- 17.50
Choice Aug. 4, 1962 -- 16.00
Good & Ch. Aug. 5, 1961 -- 14.00
Good Aug. 4, 1962 -- --


22.82
17.88
22.05
16.62
19.527
14.88

4.66
2.50
5.55
2.25
4.70


-- 24.00 22.75
-- 18.69 17.50
19.60 21.50 21.62
15.00 17.12 16.62
16.85 18.50 20.00~
14.50 15.05 15.50

5.25 6.18 5.25
-- 4.62 3.50
4.50 5.25 4.75
4.00 3.50 2.75
4.25 5.75 5.50


19.75
16.06
19.25
15.50
17.62
13.69

35.12
3.00
3.81
2.00
2.50


- -- 19.22 19.12 15.25
-- 15.00 17.75 18.12 15.50
-- 9.38 13.25 15.00 10.00
-- 10.75 16.00 16.00 --
- - -m e -- -