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:
AA00008493:00048

Related Items

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

Full Text
07/


MEAT


WOOL


WEEKLY SUMMARY

AND STATISTICS


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


Vol. 50, No. 41

Week ended Octo;



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

Steer Sales Statistics (with monthly totals)
Heifer Sales Statistics (with monthly totals)
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 .

Special to this issue


Live Animal Prices, Wholesale and Retail Values,
and Marketing Spreads, August 1962 .
The Livestock and Meat Situation, October 1962 .


October 9, 1962



Page


. 0 0 0@


* S *
* 0 0 e 0 .


770
775
774

774

775
777
778
778

779
780
781
788

785
784
785


786
787




MIDWEST LIVESTOCK REVIEW
and
RANGE AND FEEDLOT SALES


Slaughter cattle prices declined for the
second consecutive week under the influence of
lower dressed beef prices. Slaughter steers
and heifers closed weak to $1.00 lower with
high-Choice and Prime steers $1.00-2.00 lower
at Chicago. Slaughter cows were 500-$1.25 low-
er. Relatively liberal receipts of feeder
cattle sold steady to 50f lower. Barrows and
gilts declined 500-$1.50 under the influence
of liberal marketing on Wednesday and Thursday.
Sows were 75f-$1.50 lower. Slaughter lambs
were uneven, steady to $1.00 higher except
steady to $1.00 lower at eastern Corn Belt
terminals and St. Joseph.

SLAUGHTER CATTLE AND CALVES Slaughter
cattle prices worked lower for the second con-
secutive week with most downward price pressure
during the two-week period centering on high-
Good to Prime offerings. This resulted in a
further narrowing of the price spread on
slaughter steers with the spread now narrowest
in several weeks. Slaughter steers closed
weak to $1.00 lower with high-Choice and Prime
steers $1.00-2.00 off in Chicago. Heifers sold
weak to $1.00 lower. Cows were 500-$1.25 low-
er; bulls weak to $1.00 lower. At St. Louis
and St. Paul vealers sold $2.00-4.00 lower.
Lower wholesale beef prices proved to be the
main bearish factor in the live trade. Although
the twelve market totals were slightly in-
creased over the previous week, the run includ-
ed a larger volume of feeders. The number of
slaughter steers and heifers sold out of first
hands at the 7 markets totaled 94,727 slightly
above the previous week but 16 percent below
a year ago. Cows accounted for 10 percent of
the receipts at the 12 markets.
Slaughter steers: In Chicago loadlots of
mostly Prime 1200-1400# sold from $531.00-52.50,
including ten loads at $52.50 on Monday, but
nothing sold above $51.50 on Friday. Bulk
high-Choice and mixed Choice and Prime 1200-
1425# at Chicago sold from $30.00-32.00. At
other centers high-Choice and Prime 1150-1400#
steers bashed at $29.00-50.50. Bulk Choice
over the area ranged from $27.00-29.50, up to
$30.50 at Chicago for loadlots over 1100#. Mogt
Good sold from $24.00-27.50 with Standard and
low-Good generally $22.00-24.50.
Slaughter heifers: Loadlots of high-
Choice and mixed Choice and Prime 900-1100#
sold from $27.50-28.50 with bulk Choice
$25.50-27.50. Most Good heifers brought $25.00-
26.00; Standard and low-Good $20.00-25.00.
Cows: Utility and Commercial cows closed
at $15.50-16.50 with scattered lots high-
yielding kinds to $17.00; Canner and Cutter
$11.00-14.50.

FEEDER CATTLE AND CALVES Further season-
al expansion in marketing of feeder cattle


swelled supplies at terminal markets to the
largest numbers thus far this season. However,
even though relatively liberal, receipts fell
somewhat short of the numbers marketed during
early October last year. Over-all quality con-
tinued at a seasonally high level. A large per-
centage of supplies Choice and moderate
numbers of mixed Choice and Fancy shipments
were included. Yearling steers and heifers
predominated. The supply of two-year old
steers was very moderate and three year olds
were marked by scarcity. The movement of
calves failed to show any appreciable expansion
and was far smaller than the weekly numbers
marketed last year from mid-October to mid-
November. Trading generally was only moderate-
ly active and prices ruled unevenly steady to
500 lower. Recent sharp downturns in slaughter
cattle prices represented a major factor influ-
encing a bearish demand.
Feeder steers: Good and Choice 800-1000#
$25.00-26.50. Not many exceeded $26.00 but at
St. Paul Choice 926# included at $26.50 and at
Omaha few Choice 815-848# $27.75-28.00. Also
at Omaha four loads Choice 1191# brought $25.50
and mostly Choice 1150# $25.00. Scattered
shipments-Choice and mixed Choice and Fancy 550-
600# $29.25-51.00; bulk Good and Choice 550-
750# $24.00-29.00. Several loads Choice 725-
750# included at $29.00. Medium 550-750# sold
from $20.00-25.50.
Feeder heifers: Few loads Choice 550-625#
$27.50-27.75; bulk Good and Choice 525-750#
$22.00-27.00; load Choice 682# included at
$26.75.
Feeder calves: Scattered shipments Choice
and mixed Choice and Fancy 550-450# steers
$32.50-54.50, one load 390# $55.00. Other
Good and Choice 350-550# steers ranged $25.00-
52.00. Good and Choice 300-500# heifers $23.00-
29.50, few $50.00 and one load Choice 556#
$32.00.

HOGS Terminal Markets The distribution
of hog receipts at the 12 markets was very
uneven, with above normal runs arriving Wednes-
day and Thursday. During this period prices
broke sharply and were partially recovered Fri-
day when receipts were relatively small. The
week's run at the 12 markets at 559,000 head
was the largest one week supply since May.
As a result, hog prices worked to the lowest
level since last June.
Compared with the previous week's close
barrows and gilts were 50#-$1.50 lower, mostly
$1.00-1.50 off. Sows were 75#-$2.00 lower,
mostly $1.00-1.50 off. This class comprised
11 percent of the 8 market receipts. The
average weight of barrows and gilts at the 8
markets increased 4# to 22W,
Bamrows and gilts: U. S. 1-2, 200-240#
closed at $16.75-17.25. No. 1-5, 190-26Q0#







closed at $16.25-17.00, mainly $16.50-17.00.
Sows: U. S. 1-5, 270-400# closed at
$14.50-15.50, with some U. S. 1-2, 250-530# at
$15.75-16.50. No. 2-5, 400-600# $15.50-15.50.
Feeder pigs at St. Paul were $1.50 lower,
although receipts of this class were relatively
scarce. Choice 120-160# brought $15.50-16.00.
At Sioux City prices were $1.00 lower, with
Good and Choice 1530-170# at $15.25-16.00.
Interior Iowa-Southern Minnesota receipts
totaled 312,000 compared with 344,000 a week
earlier and 366,000 a year ago. U. S. 1-3
200-250# weights made up the bulk of barrows
and gilts offered although there was some in-
crease in the proportion of heavier weights.
Sows estimated 8 percent of receipts. Prices
moved generally downward through Thursday under
liberal supplies with the sharpest decline of
the season occurring on Wednesday. Resistance
to the lower prices developed Thursday and re-
ceipts were small after midweek influencing
some price recovery at the close. Barrows and
gilts were $1.00-1.35 lower for the week. Sows
under 400Q 85#-$1.15 lower, heavier saws 60-
85# lower.
Barrows and gilts: On Friday, U. S. 1-3
200-240#, $15.50-16.40, small volume No. 1-2
$16.40-16.75.
Sows: U. S. 1-3 270-400#, $14.00-15.50;
No. 2-5 400-550#, $13.00-14.75.
Interior Illinois Receipts at 108,200
head compared with 111,700 the previous week
and 114,300 a year earlier. Barrows and gilts
weighing 200-240# predominated. However, after
midweek the volume of hogs over 240# showed a
marked increase. Barrows and gilts closed
$1.00-1.50, mostly $1.25 under the previous
Friday with sows unevenly $1.25-2.00 off.
Barrows and gilts: U. S. 1-5 190-240#C
$15.75-16.50; No. 1-2 190-250# $16.50-16.75;
No. 1-3 240-270# $15.00-15.75.
Sows: U. S. 1-3 250-550# $14.75-15.25,
few $15.50; No. 1-5 350-450# $15.75-14.75;
No. 2-3 450-600# $12.50-15.75.

SHEEP AND LAMBS Receipts at the major
terminals totaled 119,500 head, compared with
112,200 the previous week and 150,700 a year
ago. Wooled slaughter lambs comprised the bulk
of supply. For the week, slaughter lamb prices
were unevenly steady to $1.00 higher at most
points although sales were steady to $1.00 low-
er at Chicago, St. Louis and St. Joseph.
Slaughter ewes sold steady to 25# higher. Feed-
er lambs were generally steady to 25# lower
with sales at Omaha and Denver 500-$1.00 lower.
Wooled slaughter lambs: Choice and Prime
80-115# mainly $18.50-21.00 with sales at Den-
ver $21.50-21.85 and mostly Prime 91-105#
$21.90-22.25. Choice and mixed Good and Choice
79-116# $17.00-19.50, few Utility and Good
$14.00-17.50.
Shorn slaughter lambs: Choice and Prime
80-116# No. 2 to fall shorn pelts $19.00-21.00,
Choice and mixed Good and Choice 75-116# No. 3


to fall shorn $17.00-20.00.
Slaughter ewes: Cull to Good wooled and
shorn $5.50-6.50, few $6.75-7.25.
Feeder lambs: Choice and Fancy 65-90#
western lambs $18.50-19.50 and few loads reached
$19.95 at Denver. Choice and Mixed Choice and
Fancy 60-95# native and western range lambs
$16.50-18.50, Good and Choice 49-75# $15.00-
17.50, few Good $12.00-15.00.
Interior Iowa-Southern Minnesota area
sheep and lamb receipts totaled 14,100 head,
compared with 12,200 last week and 19,100 a
year ago. Limited supplies, good demand and
higher dressed lamb prices were bullish factors
in the live market. Slaughter lambs closed
strong to 500 higher and the small volume of
slaughter ewes were fully steady.
Slaughter lambs: Wooled, Choice and few
Prime 80-110# delivered $18.50-19.00, mixed
Good and Choice $16.50-18.50. Shorn, Choice and
few Prime 80-105# No. 1 and 2 pelts $18.00-
19.00, mixed Good and Choice $16.00-18.50.
Slaughter ewes: Cull to Good shorn $5.00-
5.50.

RANGE AND FEEDLOT SALES

ARIZONA, CALIFORNIA, NEVADA AND UTAH -
Trading on slaughter steers and heifers very
slow, weak to mostly 500 lower with most sales
for current delivery. Trading on feeder cattle
and calves slow and mostly steady. Limited
sales of slaughter lambs were steady to 50# low-
er. All sales to deliver within 10 days unless
otherwise stated.
Slaughter steers: California and Arizona,
6,675 mostly Choice 900-1250# $26.00-27.00;
1,175 Good and Choice 900-1100# $25.50-26.00
current to November delivery; 1,900 mostly
Good 900-1200# $24.50-25.50; 625 Standard and
Good 875-1050# $23.25-24.50. Utah, 160 Choice
1050-1075# $26.75-27.00; 175 Good and mostly
Choice $25.85-26.50.
Slaughter heifers: California, Arizona,
Utah, 700 mostly Choice 775-925# $25.15-26.00,
current to November 1 delivery; 125 Good and
Choice 850-900# $25.00-25.25; 150 mostly Good
750-900# $23.50-24.00. Note: All slaughter
cattle net weight f.o.b. feedlot after 4 or 5
percent shrink, unless otherwise stated.
Feeder cattle: Steers, 1,100 mostly Choice
410-460# calves $27.25-28.25 delivered; 1,900
mostly Choice 500-650# including 100 head 725#
$26.35. Heifers: 600 mostly Choice 600# $235.50
with 4 percent shrink at lot; 100 Choice 525-
650# $22.30-22.90. 1,050 Choice 400-550# calves,
steers $26.00-28.00, heifers $24.00-26.00; 560
mostly Choice 375# calves $26.00 straight; 120
Good and Choice 675# steers $24.00, 650# heif-
ers $21.50. Note: Unless otherwise stated, all
sales net weight after none to 3 percent shrink
depending on distance to weighing points.
Sheep and lambst California, 1,200 Choice
90-108# slaughter lambs with No. 1 and fall
shorn pelts $20.00; 450 Choice 100# with No. 2







pelts $19.00. Nevada and Utah, 5,000 Choice
white-face breeding ewe lambs 75-80# $22.00.
Note: Unless otherwise stated, all lambs over-
night stand or 4 percent shrink.

COLORADO, SOUTHERN WYOMING, WESTERN KANSAS
AND WESTERN NEBRASKA Slaughter steers and
heifers rather slow, steers 750-$1.00 lower,
heifers 25-50# off. Feeder cattle and calves
sold steady to weak; slaughter lambs steady to
50# higher, feeder lambs steady to weak.
Slaughter steers Colorado, 40 average-
Choice 1425# $28.25; 4,200 Choice 1050-1175#
$27.25-28.15; 500 high-Good and Choice 1150-
1250# $27.00-27.25. All sales 4 percent shrink
and delivered to packing plants.
Slaughter heifers: Colorado, 3,450 mostly
Choice 875-1000# $26.25-26.75; 525 high-Good
and Choice 850-960# $25.50-26.35. All sales 4
percent shrink and to be delivered to packing
plants. 1,200 Choice 925-1000# $26.25-26.75
f.o.b. feedlot with a 4 percent shrink.
Feeder cattle: Wyoming, 800 Choice to
Fancy 375-400# steer calves $55.00-36.00, heif-
er mates 325-375# $30.00-54.00, late-October
early-November delivery. Sandhills of Nebraska:
1,200 Choice and Fancy 675-800# steers $26.00-
27.75. 400 Choice 575-700# heifers $25.50-
25.75. Western Kansas: 3,700 mostly Choice
675-785# steers $24.50-25.00; 350 Choice 425-
450# steer calves $32.00, heifer mates 400-425#
$30.00. Colorado, 1,300 Good to mostly Choice
625-840# steers $24.00-26.50; around 1,300
Medium and Good 452-690# $22.50-23.85. 800
Good and Choice 655-680# heifers $22.90-25.75.
800 Good to mostly Choice 370-475# steers
$51.00-34.00; around 85 Choice and Fancy 460C#
steers $37.50. All sales none to 5 percent
shrink, depending on distance to weighing
point.
Sheep and lambs: Colorado, Choice and
Prime 94-98# range slaughter lambs $19.75-20.50
f.o.b. weighing point, around 1,500 Choice 91-
93# $20.25-20.50 delivered to packing plants.
About 1,200 Choice and Prime 92-98# San Luis
Valley slaughter lambs $20.50.21.00 delivered.
Choice and Fancy 69-80# feeder lambs $18.25-
18.75 f.o.b. weighing point. Wyoming, Choice
and Fancy 65-90# white-face feeders $17.50-
18.50 f.o.b. weighing point.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Cattle
trade moderately active. Slaughter steers and
heifers, feecers and feeder calves steady to
500 lower. Sheep trade fairly active. Slaugh-
ter lambs steady to 50f higher, ewes 50w-$1.00
higher, feeder lambs mostly 500 higher. Unless
otherwise stated slaughter steers and heifers
4 percent shrink f.o.b. feedlot, feeders and
feeder calves delivered. Contracted feeders
3 percent shrink f.o.b.ranch.
Slaughter cattle: Steers, 58 loads mostly
Choice, 1150-1250# $27.00-28.00; bulk mixed
Good and Choice 950-1100# $26.00-27.50, Good
$24.00-26.00. Heifers, 6 loads mostly Choice


950-1000# $27.00; Good and low-Choice 850-950#
$25.50-26.00; mostly Good 635-875# $24.00-
25.00.
Feeders: 175 mostly Choice 650-700#
steers $24.75, 1,425 Good and few Choice 575-
650# $25.50-24.00, 250 Medium to mostly Good
550-600# $22.75-23.00; 360 Good 260-325# steer
calves $27.00-27.50; 1,150 Good 400-425# heif-
ers $253.50-24.50. Late October and November:
400 Good and Choice 800-900# feeder steers
$22.50-23.00, 600 Good and Choice 600-650#
$24.00-24.50.
Sheep: 5,300 Good and Choice 85-100#
wooled slaughter lambs $18.50-19.00; 2,300
Choice, few Good, 90# No. 1 pelts $18.50-19.00;
2,100 Good and Choice with No. 1-2 pelts $17.00-
18.00; 5,000 Cull to Good slaughter ewes fall
shorn to No. 1 pelts $5.00-6.50. 2,700 Good
and 'Choice 70-78# feeder lambs $15.50-16.50;
2,000 Good and Choice 55-65# feeders $14.50-
15.00.
Amarillo Area: All classes steady.
Slaughter cattle: Steers, 225 Good to
mostly Choice 1175# $28.00; heifers, 225 Good
and Choice 875-960# $25.50-26.00,all 4 percent
shrink at feedlot.
Feeders: Steers, 900 Choice 600-800#
$25.50-26.00. Heifers, 225 Choice 650# $24.00.
Calves, 85 Fancy 470# steers $31.00; 500 Choice
425-475#, steers $29.00-30.00, heifers $27.00-
28.00, shrink none to 4 percent.

OREGON AND WASHINGTON Slaughter steers
and heifers steady to weak; other classes
steady.
Slaughter cattle: Steers, 390 Choice 1050-
15300# $27.00-27.75, 235 Standard and Good
$23.25-24.75. Heifers, 800 Good 825-950# $25.25-
26.50. F.o.b. feedlot 4 percent shrink.
Feeder cattle and calves: Shrink none to
4 percent. 4,700 head Choice 300-525# calves,
steers $27.00-30.00, heifers $24.50-28.00; 825
Good and Choice 640-850# $23.50-24.50.
Slaughter lambs: 250 Choice and Prime 106#
wooled $20.00; 1,700 95-100# No. 2 to fall
shorn $19.00, 700 Choice 100# No. 2 pelts
$20.50 delivered California.

MONTANA AND NORTHERN WYOMING Feeders
steady,f.o.b. ranch or nearby point 3 percent
shrink. 450 Choice 700-850# steers late October
$25.50-26.50. 1,100 Choice 575-450#, steers
$51.00-32.00, heifers $29.00-30.00.
Sheep: Feeder lambs and breeding ewes
moderately active, steady. Unless stated, for
immediate delivery,f.o.b. shipping point 4
percent shrink.
Feeder lambs: Montana, 4,500 Choice and
Fancy 70-85# $17,25-18.00; 1,500 Choice and
Fancy 75-80# $18.25 for late October with over-
night stand, no shrink. Wyoming, 1,500 Choice
and Fancy 70-85# feeders $17.50-18.00,overnight
stand no shrink. 6,000 Choice and Fancy 60-
75# $18.00-19.00 delivered feedlots. 3,900
Good and Choice breeding yearling ewes $22.00-
25.00 per head; 1,000 Good and Choice 3-4-year
old $15.00 per head.






WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
-" --T"" te" -t-e alves ""H g" "Se- epanda ms- -
Market : Oct. 6 : Oct. 7 : Oct. 6 : Oct. 7 : Oct. 6 : Oct. 7 t Oct. 6 : Oct. 7
S1962 1961 1962 : 1961 : 1962 1961 : 1962 : 1961


Chicago ........
Denver .........
Fort Worth .....
Indianapolis ...
Kansas City ....
Oklahoma City ..
Omaha ..........
St. Joseph .....
St. Louis NSY ..
Sioux City .....
Sioux Falls ....
S. St. Paul ....

Total ..........
" Sept.29,1962..


34,557
9,184
7,637
7,585
17,927
13,817
45,767
14,980
12,508
31,698
9,246
24,421

229,325
212,972


39,985
15,495
8,986
8,193
23,685
13,957
46,654
16,391
14,925
35,258
10,349
23,506


92 227 34,830 31,410


443
1,890
386
1,214
4,663
1,274
588
1,740
3,169
353
6,877


257,364 22,689
21,378


1,468 4,861
1,189 1,306
820 30,892
1,942 17,806
3,589 2,791
1,649 47,032
844 30,020
2,142 56,517
3,835 33,699
639 19,396
8,279 60,169

26,623 339,319
311,973


4,252
1,723
32,330
17,304
3,475
43,306
27,145
47,426
38,322
22,277
53,097


4,700
35,944
10,071
3,263
2,549
928
12,560
6,221
4,543
7,493
11,509
19,772


6,467
47,592
7,602
3,363
6,915
1,472
19,457
5,503
5,619
10,461
12,589
23,868


322,067 119,553 150,708
112,201


INTERIOR IOWA AND SOUTHERN MINNESOTA Oct. 6, 1962 Sept. 29, 1962 Oct. 7, 1961
Hogs ....... 312,000 344,000 366,000
Sheep ...... 14,100 12,200 19,100
INTERIOR ILLINOIS Hogs ....... 108,200 111,700 114,300
SALABLE RECEIPTS OF LIVESTOCK AT 25 PUBLIC MARKETS
MONTH OF SEPTEMBER
Market -at- : a-v-s : -s :- e-p-a-d-lm-s- -
1962 : 19_ 6 1 96_2_ AI _169U _1 __ 1_:_. q_ _I


Chicago ... ....
Denver *s....*..
Fort Worth ....*
Indianapolis ...
Kansas City ....
Oklahoma City ..
Omaha .......
St. Joseph .....
St. Louis NSI ..
Sioux City .....
Sioux Falls ....
S. St. Paul ....


131,783
34,662
28,254
33,361
75,616
48,529
160,839
52,222
45,166
118,156
35,980
84,888


143,666
49,968
37,546
32,366
82,306
46,370
158,849
65,124
65,180
134,626
36,182
93,846


1,181
1,809
6,561
2,094
5,112
11,701
3,180
1,679
5,170
10,635
490
16,010


531
967
5,316
2,292
4,336
7,772
3,626
2,950
7,896
10,278
1,685
23,445


109,414
18,120
5,597
125,891
53,562
15,810
159,055
62,052
163,211
107,292
62,043


112,738
15,683
5,805
136,819
71,614
14,538
150,654
93,642
213,621
122,649
67,651


14,300
169,642
30,542
14,127
12,095
3,431
37,656
10,302
15,427
26,543
40,789


16,492
192,468
25,422
14,894
16, 678
3,379
64,312
19,326
20,560
44,862
47,363


172,375 187,802 53,838 66,552


Total
12 markets ... 849,456 946,029 65,622 71,094 1,054,402 1,195,216 428,692 532,308


Baltimore .....
Cincinnati ....
Detroit ........
Evansville, Ind,
Houston .......
Lancaster, Pa..
Louisville ....
Nashville ....
Ogden .......
Peoria ..o.....
Portland, Oreg.,
San Antonio ...
Wichita .......


. 11,520
16,666
. 21,772
8,496
* 3,067
22,353
24,928
* 17,982
* 8,454
* 7,880
* 11,489
* 18,557
* 17,778


9,421
13,948
20,035
13,105
2,924
20,330
27,455
16,612
8,097
8,150
10,872
22,255


1,898
2,382
1,516
1,436
12,802
2,839
5,317
2,887
421
282
2,377
11,699


1,126
2,381
1,771
2,171
12,518
2,817
6,038
2,829
850
420
1,871
7,360


10,310
49,004
5,073
27,614
47
4,870
22,381
12,040
1,722
65,472
6,568
3,410


7,196
48,134
5,523
45,065
118
5,849
28,255
13,580
1,506
74,353
6,636
3,603


978
5,413
5,438
1,004
17
2,607
5,739
1,765
104,015
3,888
14,076
5,801


364
5,705
4,187
2,800
14
1,752
6,680
2,006
95,991
5,483
17,315
3,027


18,891 300 527 17,206 18,108 11,519 11,537


Total
25 markets ... 1,040,378 1,138,124 111,778 113,773 1,280,119 1,451,142 588,952 689,169

INTERIOR IOWA AND SOUTHERN MINNESOTA Sept. 1962 Sept. 1961
Hogs ..o ......... 1,100,000 1,371,000
Sheep ............ 47,300 72,100
INTERIOR ILLINOIS Hogs ............. 441,500 417,100










I I I
I
I I I H 0.


)I I to OI D L ol



1 ft 4t ft .1
-E 0 0 N ,
I 01 I I I




4 ). I ( % 0r-4 O0 U

t- to 0 c' Wi
eI I I 0H
lIi C2 IL U )
i*S r- 0i 0*0 0o .

)I H H co WIO

4, i f 11 ,
I I-2 II





I i* *. .
IfII o) C) 00 o to
1 00 U as s'
C 1 I

s I I I o C .



I I 0
I I
4- *S M

I I Of 02,
iI
C-20 8 H r q1 (0 0 A 10,


1 01 H l






H H

I r 0 t- o

Ii 4 o


I
^HtaW l)0 to to r H W H Ol

















t w La om' to I2
E0 0 t- W L-) o0 w

o0) Nto ctto- 0 )inO tol
H * *CF ol
M 02J 02 C0 2 N V H2 HC 02 2 CID 00O
to 4 Hwto


H oH gHoH0 D












I C J to V C CO W w 4
W) to W .I Q. 2 N W .L -I
to ** 02


oL L0o02o02 o- 0 to0220.v ftk %%
W 0 %20 02 2 2 202 2 N N" r-i tot
04 o4 143
I


oL- E- 30 OD I' Co
, C 333'aW 02 333C3 0;2r 20r 0020202ft
DOO 0O-00 2 %O 4fl 4
Cto* ** 4X

H ?I



f o 0 co "CD e Ctov t ft
0 4a H3 3 3








S *4 * 0 0
0) )




* v 0 c &

c x It a a


I o



I IA
IS x
,a c, .oo


.l I I


L| o0











?4o
4~ I C 3 CDI
SI I







Io** I






AI
I--el I









t L o







I t Co 2 0o
HI H H
S.~ H I

















4; IC
SVn
a l --




in I ^"M
l 0I
0a C 0


HI











"- (Dto
n Lo 0'





,- w -I

I
I
LO, 104 CD






0 0 C)






HH I








o ca o
rc- 1 -.





775

STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER 1/

Number of head Percent of total s Average weight : Average price in
G by grades (pounds) :dollars per 100 lb.
Grade -----------
Week ended
oct. : Oct. s5 c0 ."c-":"ofr."3-' "c1. 6- fZ'." ( -' 6: -:- c. "-
: 1962 _1961 s 1962 1961 6 1962 t 1961 _: 962 1961


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

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

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

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


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


(
2,592 3,644 11.2
15,184 20,578 71.4
5,122 4,905 14.7
467 727 2.2

87 95 .5
21,252 29,949


JHICAGO
12.2
68.7
16.4
2.4

.-
.5


- z- -- -- ---- -
OMAHA
223 257 1.4 1.5
7,962 10,205 51.9 59.2
6,657 5,660 43.4 32.9
457 989 2.8 5.7
75 115 .5 .7
15,354 17,224
sioUx CTYT
-- 329 -- 2.5
5,706 8,221 55.5 61.6
4,185 4,196 40.6 31.5
402 552 3.9 4.1
26 44 .2 .5
10,519 15,542

10 40 .5 .8
1,285 1,516 34.7 30.9
1,905 2,372 51.5 48.3
475 907 12.8 18.5

27 75 .7 1.5


5,702 4,910
ST.


rTUI ESi -


1,086 1,065 26.2 24.1
2,701 2,867 65.2 64.8
284 447 6.9 10.0

70 48 1.7 1.1
4,141 4,427
------ ----- s---T.- -sM


1,249 1,250
1,127 1,177
1,030 1,088
988 1,020

942 1,004
1,125 1,167


1,184
1,076
1,036
1,006
1,057
1,058


1,095
1,053
1,007
982
_- LoZ.4

1,236
1,099
1,040
1,041

1,030
1,061


1,049
1,010
979

916
1,016


1,213
1,141
1,081
1,091
1,050
1,119

1,258
1,148
1,090
1,064
965
SJ129

1,160
1,118
1,073
1,062

1,020
1,085


--
1,076
1,008
925

860
1,014


Prime.......... 48 .6 -- 1,182 --
Choice......... 2,806 4,301 45.7 56.2 1,096 1,132 28.64
Good........... 2,890 35,001 47.1 39.2 1,025 1,070 26.76
Standard....... 444 268 7.2 3.5 1,072 1.004 22.89
Commercial .... -- 37 ,5 -- 1,518 --
i--I-. -.... --- ---- 7 -- 1,1-- -.----


Prime......e... -- -.
Choice......... 1,099 2,224 65.9 79.8 1,066 1,124 27.63
Good........... 558 549 353.4 19.7 1,055 1,022 26.59
Standard....... 12 13 .7 .5 1,019 702 22.59
Utility........ -- -- --- -
All grades..... 1,669 2,786 1,061 1,102 27.19
S------------------------Data collected by Statistical Reporting Service, ad Livestock Division M. S.
2/Data collected by -Statistical Reporting Ser-tice, and Livestock Division,-A *1. 5o .


31.57
29.08
27.32
24.88

22.54
29.05

29.70
27.85
26.21
23.19
21.73
27.02


27.90
26.10
23.42
21.67
27.01

29.25
28.38
26.62
22.79

20.50
26.74


--
28.60
27.05
23.66

21.24
27.15


25.14
24.45
23.45
22.04

20.37
24.32


24.25
23.45
22.39
20.86
19.75
22.96

24.02
25.44
22.59-
20.93
19.69
23.09

24.20
23.69
22.82
20.65

18.96
22.66



24.26
23.21
21.21

19.05
23.25


24.44
23.54
22.41
20.23
.2"^50
22.99-



23.78
22.21
19.55

23.48







STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER 1/

SNumber of head Percent of total s Average weight Average price in
dby grades (pounds) :dollars per 100 lb.
Grade (p- u nde
Month
: Pt. s ep Tre-C":" T C s_ et t e,- "S". epC "- e- t -
: 1962 : 1961 : 1962 : 1961 s 1962 a 1961 : 1962 : 1961
CHICAGO


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

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

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

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


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


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


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


9,551
60,369
15,775
2,476


11,029
66,195
20,691
2,929


10.6
68.2
17.8
2.8


10.9
65.2
20.4
2.9


1,245
1,132
1,016
969


601 616 .6 .6 955
88,572 101,460 1,117
OMAHA
709 984 1.1 1.4 1,226
51,954 41,690 50.9 60.1 1,078
27,800 22,655 44.5 52.6 1,051
1,956 5,755 5.1 5.4 1,042
561 556 .6 .5 959
62,740 69,418 1,057


SIOUX CITI
520 2,629 1.5 4.9
24,594 51,938 59.2 59.1
15,006 16,654 36.1 50.8
1,294 2,580 5.1 4.8
135 255 .5 .4
41.547 54,054 -

116 202 .8 .9
5,675 9,040 58.4 40.5
7,752 10,749 52.4 47.9
1,145 2,302 7.8 10.53


90
14,756


152
22,425


1,275
1,097
1,057
1,018
956
1,075

1,141
1,069
1,009
1,018


.6 956
1,054


1,226 32.45 25.14
1,175 29.85 24.54
1,089 27.62 25.57
1,006 24.77 22.05

967 22.50 20.46
1,156 29.63 24.21


1,185
1,152
1,061
1,048
952
1,116

1,215
1,158
1,078
1,055
1,021
1,151

1,229
1,125
1,060
1,064

1,018
1,088


51.05 24.54
28.66 25.54
26.61 22.64
25.49 21.01
21.72 19.72
27.61 25.1T


31.45
28.81
26.70
25.65
22.10
27.94

31.36
29.06
27.08
25.19

20.99
27.57


24.11
25.67
22.80
20.96
19.58
25.50

24.22
25.95
25.06
21.50

19.55
25,284


- 'i -- -- -- -& UIN Isy !
--- -------------- ---------------- ---------


4,497
11,140
1,358

156
17,151



9,476
15,551
924


5,704
12,568
2,590

465
21,527



17,246
11,214
854


25,751 29,294


3,518
2,298
140

5,956


2553
12,060
2,505
104

14,900


26.5
65.0
7.9


-
26.7
58.9
12.1


.8 2.5

-."sT.-JUsf r -


1,041
982
941

957
994


1,082
1,009
981

965
1,024


29.06 24.44
26.93 25.56
25.71 21.81

20.94 19.74
27.23 25.41


39.9 58.9 1,081 1,156 28.95 25.76
56.2 58.53 1,035 1,071 26.64 22.74
5.9 2.8 1,055 1,067 25.02 20.87

1,054 1,109 27.44 25.50
D!NE -R


59.1
58.6
2.5


1.6
80.9
16.8
.7


1,066
1,041
1,054


1,132
1,151
1,096
927


28.64
27.21
21.96


24.74
25.88
22.41
18.61


1,056 1,124 27.94 23.62


-------------------------------------- Data collected by Statistical Reporting Service, and Livestock Divisio A. M. S.
IData collected by Statistical Reporting Service, -and-Livestock Divisfiofl A. M. S.







STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER AT SEVEN MARKETS COMBINED I/
-. _ _- __- __- ?- -_ _
: Number of head : Percent of total : Average weight Average price in
by grades (pounds) dollars per 100 lb.
Grade ..- Month
S Sept. : Sept. Sept. Sept Sept. : Sept. : Sept. : Sept.
1962 1961 : 1962 1961 : 1962 : 1961 : 1962 : 1961


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


10,696
140,061
93,102
9,273

1,321
254,453


15,077
183,873
97,012
15,094

1,802
512,858


4.2
55.0
36.6
3.7

.5


4.8
58.8
31.0
4.8


1,242
1,103
1,022
1,002


-- ----
.6 955
1,075


1,220
1,154
1,065
1,052
--
974
1,125


32.30
29.26
26.89
23.76


24.89
23.94
25.01
21.35


21.89 19.94
28.36 23.58


HEIFERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER AT SEVEN MARKETS COMBINED I/
-- ----------__ __ _--------------- -----_ -__-_-- __- -----
Number of head : Percent of total : Average weight : Average price in
Sby grades (pounds) : dollars per 100 Ib,
Grade .-----------------------------------------
-- ---- -- Month_. __ _ _
: Sept. Sept. S Sept. Sept. : Sept. Sept. t Sept. : Sept.
: 1962 : 1961 : 1962 : 1961 : 1962 : 1961 : 1962 1961


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


2,483
79,192
43,554
4,015
1,167
130,411


2,306
81,275
44,100
4,709
871
135,261


1.9
60.7
33.4
3.1
.9


1.7
61.0
33.1
3.5
.7


28.49
27.00
25.34
22.25
19.70
26.29


25.81
25.05
22.07
20.56
18.45
22.63


SOLD OUT OF FIRST HANDS FOR SLAUGHTER AT FIVE SPECIFIED MARKETS 1/
STEERS
--- -


Number of head


Market


: Average weight
(pounds)


t Month
I --------------- ot
: Sept. : Sept. : Sept. : Sept.
: 1962 : 1961 : 1962 1961


S Average price
in dollars per 100 lb.
--------------

: Sept. : Sept.
: 1962 : 1961


Cincinnati ........... 2,895
Indianapolis ......... 15,162
Fort Worth ........... 597
Oklahoma City ........ 425
Sioux Falls .......... 15,064


2,718 982 1,026
15,802 1,011 1,054
1,626 870 994
1,271 1,016 1,054
14,257 1,065 1,127

HEIFERS


26.66
27.43
25.30
26.41
27.56


Cincinnati ........... 2,577 2,581 752 751 24.55
Indianapolis ......... 4,090 4,5369 844 859 25.89
Fort Worth ........... 252 1,035 711 661 22.87
Oklahoma City ........ 828 1,801 850 876 25.71
Sioux Falls .......... 9,186 8,961 901 940 25.35

2/ Data collected by Statistical Reporting Service, and Livestock Division, A. M. S.


23.56
23.66
22.79
23.05
22.67


22.01
22.68
22.21
25.04
21.94






WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS
Cattle Calves s Hos 'Sheep and lambs
City or Area Ocr.g T c. TT& ct." T T Oct.6 Oct.7 TO ct.? T Oct.7
1962 1961 1962 1961 1962 1961 -1962 s 1961


Boston, New York City Area ....
Baltimore, Philadelphia .......
Cin., Cleve., Detroit, Indpla .
Chicago Area ..................
St. Paul- Wise. Areas .........
St. Louis Area ................
Sioux City-So. Dakota Area ....
Omaha Area ..................
Kansas City* ................
Iowa So. Minnesota ..........
Lou'l, Evan'l.Nash'l. Mph's ...
Georgia, Florida, Ala. Area ...
St. Jo'ph. Wichita, Okla. City.
Ft. Worth, Dallas, San Antonio.
Denver, Ogden, Salt Lake City .
Los Angeles, San Fran. Areas ..
Portland, Seattle, Spokane ....


11,684
9,178
19,885
15,378
26,573
10,060
28,111
37,551
13,132
32,420
8,065
10,905
17,563
11,550
23,824
28,895
9,716


11,749
9,616
20,991
13,953
30,958
12,577
30,751
40,981
16,111
35,8553
8,806
11,362
20,389
12,014
27,123
17,902
9,431


11,583
2,001
4,069
7,235
19,824
1,653

157

10,434
4,607
4,849
1,035
3,207
82
1,856
377


Total ...................... 514,490 72
330,547
Accumulation to date ..... 12,705,470 2,555
12,517,216
*Correction: Week September 29, 1962 Kansas City


Week ended


Oct.
Sept.
Sept.
Oct.


11,630 32,090 50,321
2,208 51,606 35,595
1,574 146,684 115,994
6,460 53,033 35,633
21,106 125,814 118,331
2,014 82,729 81,759
-- 106,746 109,887
165 100,729 94,316


10,196
4,889
5,115
1,2553
3,989
141
265
322


40,547 37,258
303,036 306,896
56,109 50,215
24,561 25,592
51,554 49,002
14,550 19,298
16,987 14,918
29,762 7,064
18,484 21,175


31,204
5,175
14,795
14,350
18,967
4,788
11,493
16,247

30,648


6,484
54,721
66,050
30,227
6,642


40,460
5,530
6,156
5,199
24,260
5,947
15,268
16,859

40,020


9,914
32,632
65,768
29,743
8,769


,969 1,252,801 289,789
71,05 1 ,175,252 6,525
,571 45,255,858 10,559,428
2,450,590 42,056,589 10,752,005
- Cattle 12,781.


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
- -_-. -_-_- -Q^- 7 ~ : ILamb T~- --7-~~~~
-Beef Veal Lexcl._ar and mutton_ Total Total
Num- t : Num- : : Num- : Num- : : meat : lard
er :Prod : ber : rod ber Prod ber Prod : prod. prod.
1,000 mil.1b. l,0 000 mil.1b. 1,000 mil.1b. 1,000 mil.1b.mil.lb. mil.ub.


1962 ........
1962 .......
1962 I......
1961 y......


225.2
226.8

240.4


12.2
11.8

15.1


1,415
1,550
1,185
1,361


199.5
185.9

186.0


14.5
14.5

14.9


449.4
458.8
454-4
454.4


--

51.7
45.4


Percentage change from:
Sept. 29, 1962 ........ -1 -2 5 3 6 7 2 1 2 --
Oct. 7, 1961 ........ -2 -7 0 -7 4 7 -5 -3 -1 --

SAverg egh ) - Lard

Week ended Cattle Calves L Hoges and L ambs per

.:- Live DressedL Live LDressed. Live .Dressed.s Live Dressed l


Oct.
Sept.
Sept.
Oct.


6, 1962 ....... 1000
29, 1962 ....... 995
15, 1962 ....... 990
7, 1961 ....... 10553


14.2


-------------------/ Actual slaughter. / Excludes lard.--------------------
1/ Actual slaughter. 2/ Excludes lard.







CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
: : : : : North
- --- _ _- -_ __ __ __-- __ -_ -
a Chicago : Kansas City Omaha : Denver a Portland
: : : :
Classification Oct. : Oct. Oct. Oct. Oct. Oct. : Oct. Oct. 2 Oct. : Oct.
6 7 6 : 7 6 6 7 6 7 6 7
1962 : 1961 1962: 1961 1962 1961 1962 : 1961 : 1962 : 1961

Slaughter cattle, calves and vealers
Steers -


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


Standard

Heifers -
Choice
Good
Standard

Cows -
Commercial
Utility
Cutter
Canner


50.05
51.50
28.42
29.15
26.65
24.58


700-900# 26.92
600-800 -
22.75


15.70
15.20
14.02
12.75


25.00
25.42
24.42
24.32
23.10
21.75


22.92

20.00


15.92
14.65
14.12
12.60


28.45
28.95
26.15
22.50


26.95
24.58
20.85


16.92
15.80
14.38
12.45


--

24.20
25.82
22.98
20.75


25.10
21,98
19.88


16.22
15.60
14.58
15.50


29.25
50.15
27.95
28.58
25.65
25.58


26.52
24.02
21.95


16.68
15.58
14.05
15.02


24.55
24.55
23.62
25.62
22.35
20.88


22.82
21.50
20.00


16.38
15.28
14.18
15.25


27.65
27.65
24.90



26.12





15.80
14.68
13.38


23.70
23.75
21.52
19.20


22.78

18.55



16.45
15.08
14.08


27.88
--
26.00
21.50


26.25
24.00
20.00


15.50
14.50
12.25
11.25


--

25.00

25.38
20.50


25.88
22.00
19.00


15.50
15.00
13.50
12.00


Bulls Yrlgs. excl.
Commercial
Utility

Calves 250-500#
Choice
Good
Standard

Vealers 150-250#
Choice
Good
Standard


Steers 500-800f
Fancy
Choice
Good

Heifers 500-750#
Choice
Good

Calves -
Steer -
Fancy 500-550#
Choice "
Good 500-500#
Heifer 500-500#
Fancy
Choice
Good

*Medium and Good.


19.25 17.52 17.70 17.50
19.25 18.45 17.92 17.60


25.00
21.00
18.50


25.00
25.50
20.50


21.55
20.00
18.25


24.50
22.00
19.00


18.50 17.35 --
18.50 17.60 18.50


25.00
23.25
21.00


24.00
22.25
19.75


19.60 18.25 19.25


27.50
26.00
24.00


25.00
24.00
21.00


Feeder cattle and calves


25.75


m--
26.02
24.25


29.20
27.95
25.45


25.15
25.40


50.50
28.42
25.50


25.88
25.62


29.25
27.50
24.00


- -- 25.52 22.90 26.25 24.25 25.25
-- -- 25.58 20.535* 23.50 20.50* 22.25


- -- 32.25 --
- 30.62) 27 40
"- 27.25)

- -- 28.50 --
- 26.25) 24.80
- 23.50) 24.80


553.62 -
50.80) 28.25
26.88)

29.50 --
27.75) 25.25
24.75)


29.50)
25.50)


25.50
21.50


25.30
19.80*


24.58
22.50


25.75
22.50


- 17.50*


29.05 24.50


- 27.00 22.00






I I1


I I ....









.. 14 N.
I I **.I


II I
a H'o I


I I0 .

I HI

S0



I 0 I ....

I -- ** I
If *r
i 14t







a I I I I
o 4

I I I
I I





90 H1




S II II

*1F o






CO 0

S i .**I***

Sol









43



IC0





11-
I 4 II





0
I) I




I I2

4-a

0



H
I


coo C-

H H H



H0 H 0-


E- t- t
H H Hi

0 N to
4CD0




CO 0!
***


ows







to o t
H- r-1 r-1

-* -




HMHH

NOCD
0 C1 00
01" 10 LI!
*




L0 C- V-
1-i 1-1 H-





HD H H
0j t t0
1-1 H- H-

** ** ** *
)o N N






E- t- t-


CN n U)
0
Ct C- C-








t; r-
H1 C0 R
N U 4










ri C- *-1
Hs H
see












co CI
1 r -1Il
** ** e *
U) N U0
Cl- U) 1
00 C- C-














1-1 H- -
9sS3
*





HN N
CD CD 1sD





C-l C-2<






Ho H
*







H H
as
** ** ** *






HH


S;,, E
HH H


III



L




OOOD
.
C- L- C-
r--I -1 H-1

C1 00 CD



w to w
00 C0 D

Hr- r- H

C- Cto CD
CD tC CD
ri H
** C-









toa H



H H 00





C- L- C-
OaH









C**-- -**-


*. N20 C0 t 000
H 0 02 N 1C-
H .aoN0N0N a0N0N0N
H o N N w N
0l2 6 1 02 0 0
rB 0 0 012 '0 02
10 0 o 0

& L &


C-C--C02- CO CDU
01 01 ( 0CDU)t
C- L- CD CD O U) U
Hr H HIHH

S0 00 000 C
0 0 C- C tD U

H rH H H H



COCD CDNN
v C02 0 0 10
c0! 02 00 K! 1
E- C- E- to to 1O
HHH HHH

00 0 00 CO 02 02
CO G! V 0 10 0


U) 2 N 0 1O
totVoto CD C- L
C- C-C-t- CD CDU)
CDg
HH Hi H H

o12 012 o .r 0M 8
00 o co ilo 5





totoH -H H
Vi n ri o





OD ODCgD L' CD W
*** H*H







UCO
HHH HHH

Cio 0 o .
L- L- E- 1o CO LO





00 0O0 1) 0 LO



E- C-t- to CD O
HHH H HH



H0 N CDN- to
OOCD HC-toH
10 CQ- t^ 03t0 iO

HHH HHH

t o N C N 2


H^) 02 00 10
00 HC LA

CD m-C CMO\2 0


c> c4 l9* co 1H; d
HH ilH HH H



CO to MO 01 H02 0
CH HCD CD CD
.... .... ..










CO t0 0 1 0 LO
l Cl l-l I CO 0101
CO DCD CD 10 )


H H H H
oo coo


ast0 0; 0 as 01
CDCDC OHN














** .
HHH HHd















C-C I- C- U) 0



oooa o00
0 02 W C- E1 010
N2 N2 N N2 to '1 U)
143 0 I 0 I- 0 I
0*C C-\ to
N NN02N0to

& I
@2 N N












"

I 2


I I-



4ID




O4S
I I-
I I
0







n43


l I












10
I I,









I I















4-1.







H


C.)





0

M,
S43


I I1
Ia 1











I -I
l II
I*(
I e l























HI
I I
I I



I HI

If I
I i(


I HI

I I
I I
l' I I


I .1


I 021


I iI


a) 01 CD

01 (D 0C

-1 U)
c0 0C C2

1 H H



Ni t I









a a a

CD000 CD






H o



CD 00
H1 H H




. ..


0 CD CD






HH
*o* -






HH35
CD CD CD


CD 00
ID C- C-


NCO 00
* .




C- C- L-




r-1


02 0U)
0! 0! 0

o io o
0D CDC
HHH

U)CD
*C-- **

H IH

III
Ill


I I I 4n11W U)
a a


I I I U,- C--
I I I CD r-
CD U- to



H H


I I I NC2 I NN

Hr- 1 H r-H

CDOWO gCo I OC\o
* .9 .
HHH HH HHH


CD CD CD
CD (C CD
H H r-I


* .








..I o
**- C-






a a

N CD 00


C- C- CD



H-0 H




HH


* ** *
C- C- C-
HdH

000

r-lr lr-
000

0C2 0C2 C
HHH


H-1H 1 00 o10
t- C- O tO N
1-1 1-. r-l r-1 H -1





to 00 02 101
- C- C- I H -






S.. .
r-IHH HH- l--

CD 0 1 O 100 00

e C-CC- 10 0 )OD









1-1 r- 1 l-l ri r-1l
a a a aa




CO I CoCWO




n0o0 0 0U)0
HH H H







COC N ( 0 OD

co 0o 0





tD- (sC CD 1A 1U
HH H r- HH





2 0V 0C2 0 D0 0
NNN 02 OD H





C--C-- CD-CD0
1-1 1 1 a 1
C---C CDU)U

a o a a ao
N*N OC*O
#JNN .~CD
* ** epe
C-C-C CDU)


e r-1 itl

t0 O


-14-81 C\2 0Su g
:.P02C .tOO O0 0 0 .0 00w
*T0l | d '02t 02 'C- NN w w a a t
434NNNdNNW wNNNt.U


t i~ R 20 02 J 0202 .0020CO 01t0
0,q 'd SC 0 .2
H m W 2 oB Cv C
o wmn

I10 @8
0i 9





HOGS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES _/
--- --- --- ^.- 7 -S-------------------------- ---^
SST. $ : Eight
S.: Louis a Kansas' : Sioux 'S. St. S. St.'Indian-' mkts.
Week ended ,Chicago: Nat'l.: City : Omaha City Joseph Paul apolis corn-
a : Stock : tt s t bined
a : Yards : s z a ,
AVERAGE COST Dollars per 100 pounds
Barrows Oct. 6, 1962 17.26 16.80 16.60 16.94 16.91 16.71 16.60 17.17 16.86
and Sept.29, 1962 18.46 18.09 -17.92 18.02 17.97 17.92 17.94 18.55 18.10
gilts Oct. 7, 1961 18.14 17.98 17.14 17.37 17.31 17.31 17.17 18.32 17.60
Oct. 6, 1962 15.41 15.16 15.47 15.51 15.56 15.50 15.18 15720 1575
Sows Sept.29, 1962 16.53 16.17 16.66 16.56 16.34 16.39 16.32 16.56 16.36
Oct. 7, 1961 15.54 15.98 15.88 15.76 15.86 16.04 15.52 16.00 15.78
AVERAGE WEIGHT Pounds
Barrows Oct. 6, 1962 225 221 252 228 228 251 225 224 226
and Sept.29, 1962 223 218 226 226 225 224 222 219 222
gilts _Oct. _7j 1961 220 217 227 223 225 222 223 220 222
Oct. 6, 1962 419 406 405 416 400 398 404 457 410
Sows Sept.29, 1962 408 407 596 408 399 384 396 .425 404
Oct4 7, 1961 406 399 397 406 401 382 399 429 404
NUMBER OF HEAD -
Barrows Oct. 6, 1962 26884 51205 16001 59840 28017 26527 48655 26511 265458
and Sept.29, 1962 24249 50124 14691 36532 25245 19875 38954 24574 254242
gilts Oct. 7, 1961 25407 42442 15479 35678 32265 23472 39361 26688 240792
Oct. 6, 1962 5577 4570 1285 5521 4068 2802 6801 5247 31671
Sows Sept.29, 1962 3486 5906 1598 6948 4600 1805 6605 5549 52095
Oct. 7, 1961 3855 3415 1441 5879 3981 2447 6295 5575 50888
SOWS Percentage of total
Oct. 6, 1962 12 8 7 12 13 10 12 11 11
Sept.29, 1962 15 7 9 16 15 8 14 12 12
Oct. 7, 1961 13 7 9 14 11 9 14 12 11
1/ Weighted average.

AVERAGE WHOLESAIB VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG,
COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
Week ended Hog products Hog prices Y a Gross spread
-og ~1/, o I orgTin 3/_
Oct. 6, 1962 ............ $18.50 $17.50 $1.20
Sept.29, 1962 ............ 19.58 18.48 1.10
Oct. 7, 1961 ............ 19.54 18.16 1.58
1/ Value of all edible products, fresh basis (lard rendered) in 100 lb. of live
ho 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.
1/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
I Barrows and t Corn 2/ s Hog-corn
Week ended : gilts i/ s No.3 yeTlow a price ratio
ee en Dollars per : Cents per a based on
: 100 pounds a bushel : barrows and gilts
Oct. 6, 1962 ........... 17.26 111.9 15.4
Sept.29, 1962 .......... 18.46 111.7 16.5
Oct. 7, 1961 .......... 18.14 107.5 16.9
Y Weighted average. 2/ Simple average.





HOGSt AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES V
------------.^--- 7s-7 7 7 7 7 7 7^
1 7 -ST.. Eight
Month Louis Kansas: I Sioux IS. St. I S. St.'Indian-' mkta.
Month sChicago: Nat'l.i City Omaha City :Joseph I Paul sapolis I corm-
I : Stock I : O I aI bined
at Yards : : I I I I I
AVERAGE COST Dollars per 100 pounds
Barrows Sept. 1962 19.01 18.84 18.75 18.77 18.75 18.71 18.63 19.11 18.82
and Aug. 1962 18.64 18.48 18.553 18.59 18.49 18.41 18.59 18.66 18.50
gilts Sept. 1961 18.52 18.20 17.98 18.22 18.19 18.14 17.98 18.58 18.18
Sept. 1962 16.88 16.65 16.94 17.00 16.82 17.04 16.55 16.42 16.76
Sows Aug. 1962 15.86 15.70 15.91 16.07 16.06 16.16 15.90 15.57 15.95
Sept. 1961 15.87 15.92 16.04 16.03 16.06 16.21 15.86 15.68 15.95
AVERAGE WEIGHT Pounds
Barrows Sept. 1962 222 217 225 224 224 222 220 219 221
and Aug. 1962 226 211 224 222 225 222 220 218 220
gilts Sept. 1961 220 215 225 221 225 222 219 218 .219
Sept. 1962 391 397 397 405 398 379 589 425 598
Sows Aug. 1962 594 402 593 585 377 372 577 425 587
Sept. 1961 598 597 595 397 589 574 384 422 594


NUMBER OF HEAD -
Barrows Sept. 1962
and Aug. 1962
gilts Sept. 1961
Sept. 1962
Sows Aug. 1962
Sept. 1961
SOWS -
Sept. 1962
Aug. 1962
Sept. 1961

I/ Weighted average.


78450 147887 47244 126355 87071 53473 128571 107994 777005
75581 185743 67267 124180 90088 79757 154249 114025 868888
85955 185757 62809 118264 98836 77589 13355055 112710 872951
15628 12265 4289 25611 15555 6015 22825 15547 1155327
22805 19007 6715 55952 29898 14858 54077 14585 177675
15945 15209 6400 25682 17725 11208 25069 14216 151452
Percentage of total
17 8 8 16 15 10 15 11 15
23 9 9 22 25 16 20 11 17
16 8 9 18 15 15 16 11 15
------------- -------------------------


AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG,
COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
Month Hog products I/ Hog prices / Gross spread
Ss or margin 5/
Sept. 1962 ............... $20.42 $19.10 $1.52
Aug. 1962 ............... 19.77 18.84 .93
Sept. 1961 ............... 19.87 18.55 1.54
/ 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.
I/ Difference between wholesale product value and hog prices.


HOG AND CORN PRICES AT CHICAGO
-----------------------
a Barrows and
Month I gilts 1/
a Dollars per
: 100 pounds

Sept. 1962 ............. 19.01
Aug. 1962 ............. 18.64
Sept. 1961 .............. 18.52
/ Weighted average.


AND HOG-CORN PRICE RATIO
-----------------
a Corn 1/. 1 Hog-corn
: No.5 yeTlow I price rati
: Gents per : based on
I bushel : barrows and.


111.0
109.7
110;.5


17.1
17.0
16.6


0

gilts





BOSTON WOOL MARKET REVIEW


There was a good demand for greasy do-
mestic combing wools particularly in the me-
dium grades but supplies were very limited
and prices firm. Occasional small lots of
spot noils moved at firm prices while trade
was too limited on woolen wools to establish
prices.
Supplies in the domestic primary areas
were limited to occasional lots of fall wools
in Texas and California and 12 months wools
were practically cleaned up in all sections.
Approximately two million pounds of do-
mestic wools will be shown at Des Moines on
October 23 and Minneapolis on October 24,
with a sealed bid sale at Minneapolis on
October 25. Up to one million pounds of
mostly medium wools will be shown at Portland,
Oregon October 26 with a sealed bid sale Oc-
tober 27.
Cabled reports from Australia showed
good general competition with main buyers
Japan and the United States. France and Rus-
sia also participated and prices were firm.
Good general competition was noted in South
Africa with France and the United States
the principal operators in a firm market.
There were occasional forward sales of New
Zealand slipes and carpet wool types at firm
rates for shipment. In South America, markets
held firm in Buenos Aires for carpet wools
while new clip wools were offered from
Montevideo.
Fleece Wools Medium grades fleece wools
were estimated around $1.12 clean basis in
the local market.
Territory Wools Graded 64s good French
combing and staple Territory wool was offered
at $1.50 clean basis, graded 62s around
$1.20, graded 56/58s at $1.15 and graded
50/54s around $1.12-1.13 clean basis in the
local market.
Texas Wools Occasional lots of greasy
fall lambs wool in Texas sold at an estimated
clean price of $1.00-1.05 while fall wool
brought around 95f clean basis, delivered
East.
Mohair There was a little mohair busi-
ness fordomestic consumption at 66J# for
adult and $1.061 for kid hair to the ware-
house with trade somewhat slower than in re-
cent weeks.
Foreign Wools Spot stocks of foreign
wools were limited and trade was dull. Cabled
reports at week's end follow with combing
wools converted to clean U. S. oil-combed
yields and short wools to scouring yields,
in bond.


77B
78B
78AB
79B
80B


Australia
Oil-Combed
$1.17 422B
1.15 423B
1.12 424B
1.07 425B
1.03


$1.03
.98
.94
.89


Oil-Combed
$1.11
1.10
2 1.09
7 1.10
3 1.07
2 1.06
5 1.05


South Africa


Scoured Yields
17 $1.04
22 1.05
23 1.03
27 1.00
28 .98
32 .97
33 .93
38 .89


New Zealand
Oil-Combed
92 $1.03
93 1.00


Montevideo Super Skirted Wools
60/64s $1.01/$1.02
60s 960/970
60/58s 940/950
58/56s 935/940
56/50s 900/91l
Carpet Wools Demand for carpet wools
was poor and trading was dull in a firm market.
Greasy Buenos Aires November 2nd clip carpet
wools were offered at 670/680, March at 620/
630 and fleeces around 710 while greasy New
Zealand "B" style carpet fleeces were sold at
720, "B" style 2nd shear was offered at 680,
early shorn at 660 and type 702/3 crutchings
at 600, all clean wool fibers for shipment.
Woolen Wools Sales follow:

Scoured Pulled Domestic
56/58s lambs l1-2," wh. $1.10

Greasy Pulled Domestic (Clean basis)
56s ave. 3" choice $1.05
Scoured Shorn Foreign
Aust. 50/56s white crutchings 820/835
Noils
Clear Aust. 648 nobles 890
Semi-clear Aust. 62s nobles 820
N. Z. 50s xbred nobles 720
Semi-clear Aust. 62s Schlums. 580
Dom. 60/62s French poor color 490

Wool Tops Recent trade in wool tops was
active in mostly 54s fleece types and now about
cleaned up. Some fine tops sold for first
quarter delivery this week. Most mills were
well covered for tops at the moment and prices
held firm.
CLOSING FUTURES QUOTATIONS -
October 4, 1962 (Furnished by the Wool
Associates of the New York Cotton Exchange)
October wool tops $1.670B
December wool tops 1.663B
64s grade 2.55" minimum length
October wool $1.278B
December wool 1.250B
64s grade 2," average stretched length









WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEW

EASTERN SEABOARD Steer beef prices were
500-$1.50 lower, mainly $1.00 off; cow beef
500-$1.00 lower; veal and calf .steady to
$4.00 lower, mostly $1.00-2.00 off. Lamb sold
$1.00-3.00 lower at Philadelphia and Washington,
otherwise steady. Pork loins were steady to
$5.00 lower; spareribs and Boston butts $1.00-
7.00 lower; fresh skinned hams mostly steady
to $2.00 lower, but firm at New York.
Kosher dressed steer beef sold weak to
500 lower; kosher lamb $5.00-4.00 lower, and
kosher veal and calf weak to mostly $1.00
lower.
Supplies of beef and lamb along the sea-
board were mostly normal, except at Washington
steer beef was well below normal. Veal and
calf supplies were moderate at New York,
slightly below normal at Philadelphia, other-
wise normal. Pork supply was mostly normal.
Trading for beef was generally slow and most
markets reported a. fair outlet for round and
chuck cuts, but loins, ribs and hinds were
slow. Some steer cuts were carried at New
York and Philadelphia. Veal and calf was
fairly active despite the downturn at all
markets. Lamb opened slow but picked up at
mid-week, and at some markets late upturns
partially offset early declines.

CHICAGO Steer beef sold 500-$1.50 lower,
heifer fully 500 lower, veal $1.00 to mostly
$2.00 lower, lamb steady, pork loins 8-16#
500-$1.00 lower, Boston butts 4-8# $2.00 lower,
spareribs 3# down $5.00-5.50 lower.
Moderate supplies in each fresh meat
division proved ample for the trade in most
instances. A continuation of a liberal volume
of carcasses under 700# prevailed in beef,
these largely Good to average-Choice grades.
While lamb still leans to the 55# and down
side, heavier weights appeared in increasing
numbers.
Trading on both steer and heifer beef
was a slow affair on each session. All in-
terests were active in the arm, square cut
chuck and round trade with prices following
a higher trend. However, the advances were
offset by downturns on ribs and loins which
were slow, light weights accumulating in most
quarters to burdensome proportions. Increased
supply and narrow demand forced lower levels
all weights and grades of veal. A slow open-
ing lamb trade showed only slight improvement
by mid-week. Lamb legs, stews.and shoulders


were absorbed in most channels of outlet,
while on the other hand ribs and particularly
loins were on the draggy side. Fresh pork
trade was generally slow except loins were
in moderate demand through Wednesday.

PACIFIC COAST Carcass steer and heifer
beef sold steady to 500 lower. Cow beef was
steady to 500 lower in C'lifornia, but steady
in Portland and Seattle. Calf held mostly
steady in Los Angeles. Calf and veal sold
weak to $1.00 lower in San Francisco and weak
to $2.00 lower in the Northwest. Lamb sold
steady to $1.00 lower, the full downturn in
Los Angeles. Pork sold steady to $5.00 lower
with the most marked declines on fresh items,
particularly loins, Boston butts and spare-
ribs. Cured pork was steady to $5.00 lower,
instances $4.00 lower on sliced bacon in
Los Angeles. Normal supplies of meat sold
in a slow trade. However, some improved
activity developed on fresh pork late.

CARLOT MEAT TRADE REVIEW

CHICAGO, DENVER, OMAHA, NEW YORK AND
PHILADELPHIA Prices declined on steer
and heifer beef as demand was poor and
supplies at shipping centers fully normal.
Trading was generally slow as prices
reached the lowest levels in six weeks.
Closing prices on steer beef were from
500-$2.50 lower, largely $1.00-1.50 low-
er with Choice grade showing the most
decline. Heifer beef sold from 500-$1.50
lower, mostly 500-$1.00 lower. Cow beef
was $1.00-2.00 lower. Clearance was in-
complete on steer and heifer beef at some
shipping centers, but generally complete
on cow beef.
Supplies of carcass lamb were near
normal and demand was moderate as prices
advanced. Trading was moderately active
and prices were 500-$1.00 higher mostly
around $1.00 up with a few $1.50 higher
at New York. Clearance was near complete.
Demand was moderate for pork products
and prices declined influenced by liberal
supplies. Pork loins sold $1.00-1.50
lower at Omaha and $1.00-2.00 lower at
Chicago. Fresh hams were steady to 750
lower at Chicago and $1.00-1.50 lower at
Omaha. Prices on pork carcasses were
$1.00-1.50 lower at New York and Phila-
delphia. Clearance was fair on pork.






4EOLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS
Weekly average of daily quotations in dollars per 100 pounds

New York Chicago : San Francisco Los Angeles
Classification : ------ -- -
:Oct. 6 : Oct. 7 t Oct. 6 : Oct. 7 : Oct. 6 : Oct. 7 : Oct. 6 t Oct. 7
: 1962 : 1961 : 1962 : 1961 : 1962 : 1961 : 1962 : 1961


Steer beef -
Prime
Choice

Good

Heifer beef -
Choice


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

500-600#
600-700
500-600


51.50
48.20
49.45
45.70
46.35


Veal -
Prime 90-120# 62.20
Choice 90-120 52.20
Good 90-120 49.70
Lamb -
Prime 45-55# 45.25
Choice 45-55 45.25
Fresh pork -
Loins 8-12# 49.10
Butts 4-8 41.20
Spareribs 5# down 45.10
Hams, smk. skd. -
Cook before eating 12-16# 45.00
Fully cooked 10-14# 47.00
Bacon, smoked, sliced -
1# package (box lots) 54.00
Picnics, smoked (Cook
before eating) 4-8# 55.50
Lard, 1# carton 15.25


42.00
41.50
40.85
40.10
40.50


58.00
49.30
44.30


46.45
47.20
44.70
45.20

44.70
44.70
43.20

56.50
53.00
48.50


40.00
59.00
38.25
38.25

38.50
38.50
37.00

57.00
51.50
46.88


44.88
45.75
44.58
43.25

44.00
45.75
45.00



56.00


40.50
39.25
59.50
38.50

59.25
59.00
37.75



51.50


44.59
45.00
42.44
41.88

45.58
42.75


40.44
39.08
39.50
58.50

59.88
39.38


41.20 45.50 40.00 43.88 38.00 45.50 58.94
41.20 45.50 40.00 45.88 38.00 45.50 58.94


51.10
58.05
44.10

45.50
47.00


46.15
56.55
40.50


48.00
36.19
38.75


-- 47.00
51.50 51.25


52.25
44.50
47.50

55.00


52.50
41.00
48.75

47.00


48.12
41.12
45.50

46.25


54.25
42.62
48.00

48.12


60.00 55.00 57.50 57.00 61.00 54.00 59.62

51.00 35.00 34.00 55.00 35.00 55.25 355.58
14.25 15.50 13.88 17.25 17.75 16.00 17.16


BULK PRICES CARLOT BASIS WEEK ENDED OCTOBER 5, 1962
- --- ------------------P- -- -rie adF0B rs--------- csd1Ivrd" cF
Classification -ci o ~ evr" : m ew-r T hilcl-l..aB.
. Z D enver- -:- -509--t- --e--------------------


SCeer oeez -
Choice


Good


Heifer beef -
Choice

Good


Cow beef All weight
Utility
Canner and Cutter
Lamb -
Prime 55-4


Fresh pork -
Loins 8-12#


45.50-44.00
44.50-45.00
45.50
42.00-42.50
42.50-43.50
42.50-45.50

42.50-45.00
42.50-45.00
41,00-41.50
41.50-42.00

29.50-50.50
28.50-29.00

41.00-41.50
41.00-41.50
41.00-41.50
41.00-41.50
41.00-41.50
41.00-41.50


42.00-45.00
43.00-45.50
43.50-44.00

59.00-42.00
39.00-42.00


42.50-45.50
45.50-44.00
44.00-44.50

42.00-42.50
41.50-42.00


45.00-46.50
46.00-47.50
46.00-47.50
42.50-45.50
42.50-45.50
42.50-45.50


41.00-41.50 42.00-42.25
41.00-41.50 42.00-42.25
40.75 40.75-41.25
-- 40.75-41.25


29.50-50.50


39.00-40.50
59.00-40.50
59.00-40.00
59.00-40.50
59.00-40.50
39.00-40.00


28.50-28.75
27.50-27.75




59.50-40.50
39.50-40.50
59.50-40.50


45.00-45.50
46.00-46.50
47.00-47.50
45.50-44.50
45.50-45.00
45.50-45.00

44.00-45.00
45.00-46.00


-- 28.50-51.50
-- 27.50-28.00


42.00-45.50
42.00-45.50
42.00-45.50
42.00-45.50
42.00-45.50
42.00-45.50


45.00-45.50
45.00-45.50
42.00-42.50
45.00-45.50
45.00-45.50
42.00-42.50


44.50 42.50-45.75


Good


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


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


its -


Choice


45-55
55-65
35-45
45-55
55-65


=5#


-- 46.00-46.50
















C
w I -


t'i

S0)
E

Cd


CS
1 o


. H
O d
H &



-P4 0)
C H

410
'a 101
,a 0
l i
s:: 4)
cdl
rt

0)








Cd I-
0 )
H
0I
Coi
A
I

z
2I
HI






-Nj



,0)

*4j
.5
ol

**

tI
.
I
C
CI


*I
Ws
mi


I I
I
I "r-I,
H1



I



I e
.51




C'H,
I.






**
1,'H




C1











I..
01)








4) I




I
I *













I


786


8fl2



HC
toco U-
to 0


H N
4)









+>m
.cr oo .0
0c 0) H
*
Sato Lo

S** ***
> C' 0 00
g, 'i~u
H "
















Co::
0 H 0















p< *
S
H CD -0
CV N

HH

H l 02
H < 0. .
E- 0Q

to N

c02 to
c-a D 10
9 S
CMX CM












9
c0 0 tO









;I 6&
HiO
a) o* *Il
0
9
9
9 .$
i <9 9




Cd


n 0
!
o O

0 o
*^ S
H 0



OD H

a W0e
02LOH
S *
C3 c.JO
cbl








o

to
0 *





H o4t'
o to
(0















N co
02 *











5-6 Lo
** ~


.H
H l0i0















0*H
**
9







1:02







.
1





@*
9
H (
a jw


0 U




S0
4 0
M0 4-D
02
0
. O


;gl W
c
o C





4a
43
P10


H 0
4QU *1 0f
CO


km r-i d
Q) 4) V



cdCd H

on
C o


0) 00


C,2
vo ;q




4a43 W
*5- *HW '


24
'4-i'4-i
oo o j-


0 0
Peg
col
0)1 02 02
000
0) 0) C4-

b b* 0

Cd9d
ft fC
bfl00 0


P > *


emo 'a







1 C
.14 il 01)


99 ** *.
'4-4O. i

;o e


o m2
m ;r
o Z



C.

0

OU3




co p
0 H




C.)





e H r-4
.o
0 :9







oH
0 F4






00
0 0

oC





c) .0
2aS 0

*o 5:4


"q 0 m*
o 0
0 1 E-1



Srl

0o 0 0

00 0
H G
S04) to
t) CO C
4h
-0 0


*
Co
0)
02 'U *ri


02~
r. 0 "0|
m 'd







4-D
g8 24




.-H (D

4) $4 P,4.1
0 cu





4) 0)0
0. 0
c o Gi





*Hr-3
p Co
e 0)a





u ra
44
0 0)
cd 01 )'3





) 0I C 0
'.-3 PU








H 4 -H 0



4 .-4
4,-4CO 0
*:4 5:o**









0 0
(1) (U 4-0










OCd C)
0 0 43
ka 0
em 0c







54-4t.* "9
r- 43



0 )
40 4 Q43f


Co a)H
0) ta4 01







p,:c
4- )
ci* o o a:
bfl (f 0 ^


0) pC0)


*
a)
H




cd


H
a



r.-



ca
0


0
P.4
'*
CO
0)

0

H
t
0 *



03
.f4
ci) Q3-
Co




15:
0)0
>1



4-4 C)
'-to


-is)
e|
&1






THE LIVESTOCK AND MEAT SITUATI ON

Approved by the Outlook and Situation Board, September 27, 1962

SUMMARY

Production of red meat in August was up about 1 percent from last August but down season-
ally about 7 percent from the June-July rate of production. With the exception of veal calves
and cows, prices for slaughter livestock averaged higher in August than in July. Livestock
prices also were above year-earlier prices in August except for slaughter cows. Fed steer
and slaughter lamb prices, in particular, were substantially improved over year-earlier levels.

Beef production in July and August included more heifer and cow beef but less steer beef
relative to this spring or last summer. The decrease in supply of steer beef brought sharply
higher prices for fed steers, which in turn pulled heifer prices up.

The 1962 spring pig crop is estimated at 49.6 million head--2 percent less than the 1961
spring crop--with most of the reduction occurring in April and May litters. Hog slaughter is
increasing seasonally, and prices likely will decline slowly to a November low. During this
period, slaughter supplies will be below last fall, and prices will probably continue above
a year earlier.

The September Pig Crop Report indicated this fall's crop may be a little larger than the
2 percent increase over 1961 planned in June. June-August farrowings in 10 of the Corn Belt
States were up 4 percent, and 4 percent more sows were held for September-November litters
this year than last. These States also report plans to increase December-February litters
by 4 percent, indicating a modest increase is likely in the 1962 spring pig crop. Hence,
hog slaughter next year probably will exceed this year by a small margin, and hog prices in
1965 likely will average close to or a little below 1962.

Sheep and lamb slaughter is now at the fall seasonal peak and likely will decline through
the rest of 1962. Lamb prices are expected to hold relatively steady.

Prices for Choice steers sold out of first hands at Chicago rose about $2 per hundred
pounds in July and then continued up to near $29 by the end of August. Choice steers averaged
$28.19 at Chicago for the month of August--the highest average price for any month since May
1959. Heifer prices followed somewhat the same pattern, but the increase in price was limited
to about half the rise in steer prices. Cow prices, on the other hand, dropped about $1 per
hundred pounds from June to July and then declined about another 10 cents per hundred on
the average in August.

The summer rise in fed cattle prices was reflected in higher prices for feeder cattle.
The average cost of feeder steers shipped from 10 markets for the week ending September 22
was $25.50. This is about $2 above the June average price and $2.40 above the price for the
comparable week last September. Above average summer grazing conditions throughout most of
the West, along with good prospects for winter wheat pasture, added almost $2 to the price for
Choice stocker-feeder steer calves from June to late September.

Prices of hogs have risen rather steadily since May. In September, prices at 8 Midwest
markets reached the highest level since the fall of 1958. Since June,' prices have been near
or above a year earlier and likely will continue so the rest of the year. For the entire
year, the average price to producers will be close to the $16.60 per 100 pounds received by
farmers in 1961.

The generally higher level of hog prices during the last 2 years, and this summer in
particular, are primarily the result of reduced supplies. However, prices have been supported
by higher prices for beef and improved demand conditions in 1962. Since mid-1960, commercial
hog slaughter has been as high as 7 million head per month only 5 times,

A steady to strong price situation for lambs throughout the remainder of this year and
into the first quarter of 1963 now appears likely. In light of the 4 percent decrease in this
year's lamb crop, the high level of sheep and lamb slaughter through September indicates de-
creased supplies of lamb for the fourth quarter.

Economic Research Service.




o788 UNIVERSITY OF FLORIDA
788 I i 11III IIII IIII 11111 11 II I 1111 IIl 11111 i 11 1

U. S. Department of Agriculture po0 3 1262 08500 5618
Washington 25, D. C. U. S. Department of Agriculture

OFFICIAL BUSINESS

Form AMS-10/9/62
Permit 1001.



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








---------------------------------------------------------
SHEEP AND IAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
S:Kansas Fort north
Classification :Chicago: Omaha :City : Worth : Denver: Ogden Portland

SLAUGHTER IAMBS: (Wooled) 80-110#
Prime Oct. 6, 1962 20.75 20.90 18.50 21.86 20.00 19.58
Oct. 7 1961 18.35 17.58 17.75 -- 18.42 16.50 15.94
Choice Oct. 6, 1962 19.25 19.15 20.15 16.50 20.50 19.25 18.75
Oct. 7. 1961 17.45 16.58 16.88 15.75 17.02 15.75 15.66
Good Oct. 6, 1962 17.50 18.15 18.55 19.00 18.50 17.75
Oct. 7, 1961 15.85 15.52 15.62 14.75 15.58 14.62 14.50
EWES: (Xlzmn) 90-150Q
Good Oct. 6, 1962 4.50 5.98 4.75 6.25 6.65 5S25 5.75
Good & Ch. Oct. 7, 1961 5.90 5.50 5.00 5.55 4.12 5.75 4.00
Utility Oct. 6, 1962 4.75 5.98 5.75 5.12 6.02 4.75 4.25
Cull & Util. Oct. 7. 1961 3.75 5.50 2.50 4.50 5.00 5.00 5.25
Cull Oct. 6, 1962 4.00 5.00 4.50 4.75 4.50 5.50 5.25
FEEDER IAMBS: (Wooled) 60-80#
Fancy Oct. 6, 1962 19.00 19.18 18.88 16.58
Choice Oct. 9, 1962 17.00 14.60 18.12 18.00 15.44
Good & Ch. Oct. 7, 1961 -- 14.55 -- 11.05 14.92 15.25 153.00
Good Oct. 6, 1962 12.00 16.10 16.12 -