Livestock, meat, wool market news

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Title:
Livestock, meat, wool market news
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United States -- Agricultural Marketing Service. -- Livestock, Poultry, Grain, and Seed Division
United States -- Agricultural Marketing Service. -- Livestock Division
United States -- Agricultural Marketing Service. -- Livestock & Seed Division
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Meat industry and trade -- Statistics -- Periodicals -- United States   ( lcsh )
Wool industry -- Statistics -- Periodicals -- United States   ( lcsh )
Livestock -- Marketing -- Statistics -- Periodicals -- United States   ( lcsh )
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statistics   ( marcgt )
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Statement of Responsibility:
Livestock, Poultry, Grain and Seed Division, Agricultural Marketing Service, U.S. Department of Agriculture.
Dates or Sequential Designation:
Began with v. 27, no. 1 (Jan. 6, 1959) issue.
Issuing Body:
Vols. for <Jan. 16, 1979-May 14, 1983> issued by: Livestock, Meat, Grain and Seed Division, Agricultural Marketing Service, U.S. Dept. of Agriculture; <Nov. 12, 1983-> by: the Livestock Division, Agricultural Marketing Service, U.S. Dept. of Agriculture; 1996 issue\d by: the Livestock and Seed Division, Agricultural Marketing Service, U.S. Dept. of Agriculture.
General Note:
Description based on: Vol. 47, no. 2 (Jan. 16, 1979).
General Note:
Latest issue consulted: Vol. 58, no. 40 (Oct. 6, 1990).

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AA00008493:00049

Related Items

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

Full Text
j.


M EA T ""
MEAT WEEKLY SUMMARY


WOOL AND STATISTICS


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

Vol. 30, No. 42 October 16, 1962

Week ended October 15
Page

Livestock Market Reviews . 790
Livestock Market Receipts . 795
Feeder Statistics . 795
Estimated Percentage of Feeder Cattle and
Slaughter Cows in Salable Receipts 795
Steer Sale Statistics . 7. 94
Slaughter at Major Centers . 795
Estimated Slaughter and Meat Production 795
Cattle Prices (with monthly averages) 796
Hog Prices . . 798
Hog Purchase Statistics K 0l 9 799
Sheep and Lamb Prices 804
Wholesale Meat Trade Reviews .* 800
Wholesale Dressed Meat Prices 7. 801
Wool Market Review . 802
Special to this issue
Storage Holdings of Meats and Lard, Se 0, 1962 805


AGRI-I.WA





MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Prices advanced on slaughter steers and
heifers after two consecutive weeks of decline.
Higher dressed steer and heifer beef was a
factor prompting the upturn in the live market,
but curtailed receipts were probably the para-
mount factor. The number of steers and heifers
sold out of first hands for slaughter at the
seven markets totaled 91,500 head compared
122,500 a year ago. For the week slaughter
steers sold strong to $1.00 higher and heifers
strong to 750 higher. Slaughter cows were
steady to 500 lower. Seasonally liberal
supplies of feeder cattle and calves sold
steady to 50O lower. Barrows and gilts closed
the week steady to 750 higher, with the ex-
ception of 25-500 lower prices at Sioux City
and Sioux Falls. Slaughter lambs sold 250-
$1.00 lower.

SLAUGHTER CATTLE AND CALVES Prices on
slaughter steers and heifers turned higher
following two consecutive weeks in which the
trend was lower. Steers sold strong to $1.00
higher with heifers strong to 750 higher, ex-
cept mostly $1.00 up at Chicago. Steers over
1150# and heifers over 900# generally enjoyed
the most dependable demand, but weight was not
as much a price determining factor as during
recent weeks. Cows were very uneven, selling
steady to 500 lower, except $1.00 higher at St.
Paul where this class made up 20 percent of the
run. Bulls were weak to $1.00 lower. Vealers
at St. Louis and St. Paul closed steady to
$1.00 higher. Cattle prices have been very
quick to respond both up and down to the volume
of receipts over the past several weeks as most
packers have found live cost relatively high in
relation to carcass beef prices and hold each
day's purchases to a minimum. Bulk of the
slaughter run at most points was comprised of
Good and Choice with Prime making up only 7
percent of the steer run at Chicago, against 11
percent last week and 15 percent one year ago.
Cows comprised 11 percent of the twelve market
receipts.
Slaughter steers: In Chicago loadlots
mostly Prime 1200-1400# sold from $31.50-52.50
with mixed Choice and Prime 1175-1550# $29.50-
31.75. At other points loadlots high-Choice
and Prime 1000-1500# cashed at $29.50-50.00.
Bulk Choice $27.75-29.25, up to $30.50 for
loadlots over 1200# in Chicago. Most Good
brought $24.50-28.00; Standard and low-Good
$22.00-25.00.
Slaughter heifers: Loadlots mixed Choice
and Prime 900-1100# brought $27.50-28.50, two
part loads Choice and Prime 1125-1150# $29.00-
29.25 in Chicago. Bulk Choice brought $26.00-
28.50; Good $25.00-26.50. Standard and low-
Good cashed at $21.00-23.50.


FEEDER CATTLE AND CALVES Receipts of feed-
er cattle and calves at terminal markets were
seasonally liberal but even so fell short of the
weekly numbers marketed during October in many
previous years. The movement of both cattle and
calves from western and northwestern areas in-
creased in tempo and overall quality was at a
seasonally high level with a relatively large
percent of the shipments in the Choice grade and
moderate numbers of mixed Choice and Fancy.
Trading generally was only moderately active and
prices ruled steady to 500 lower. The press of
field work kept some potential buyers away from
market centers but the trend also reflected a
more cautious buyer attitude in the face of the
irregular and at times decidedly bearish demand
for slaughter cattle which has been in evidence
the past several weeks.
Feeder steers: Good and Choice 800-1050#
$22.50-26.00, few loads Choice 800-900# $26.50-
27.00 and several shipments 800-850# $27.50-
27.75. Good and Choice 550-750? bulked $24.00-
29.00; scattered shipments Choice and mixed
Choice and Fancy $29.25-51.50. At Sioux City
Choice and Fancy 622# were included at $29.75,
735# at $29.50. Medium 550-750# sold from
$20.00-23.50, mixed Medium and Good $25.75-
24.50.
Feeder heifers: Good and Choice 525-750#
largely $22.00-26.50, scattered shipments
Choice $27.00-27.50.
Feeder calves: Few loads Choice and Fancy
steers, mostly 275-575# $34.00-36.10; bulk
Choice 350-550# $28.00-33.00; Good and mixed
Good and Choice $25.00-50.00. Good and Choice
500-500# heifers largely $23.00-31.00, few
loads Choice and mixed Choice and Fancy 250-550#
$52.00-55.00.

HOGS Terminal Markets Hog supplies at
the 12 markets continued to arrive in very un-
usual proportions. On Monday these receipts
were the smallest for that day in a number of
years. Above normal runs appeared the following
day and Sioux Falls reported the largest single
day run at that center since December, 1959.
There was a seasonal increase of barrows and
gilts weighing 250-260? throughout the circuit
and the average weight of this class at the 8
markets was estimated 2-5# heavier than the pre-
vious week. Sow receipts were down 1 percent,
this class comprising 10 percent of the 8-market
supply. Compared with the previous week's close,
barrows and gilts were steady to 750 higher,
mostly 25-500 higher. Sows generally were
steady to 500 higher, with advances of 500-$1.00
recorded at St. Louis and Indianapolis. Sioux
Falls and Sioux City were exceptions to the
general trend with barrows and gilts 25-500
lower and saws steady to 250 off.









Barrows and gilts: U. S. 1-2, 200-240#
closed at $17.00-17.85, $18.00-18.25 at Indian-
apolis. No. 1-3, 190-260# closed at $16.50-
17.25, Indianapolis again an exception at
$17.25-17.75. At Sioux Falls these kinds sold
at $16.25-16.50.
Sows: In the eastern part of the Corn
Belt U. S. 1-3, 270-400# sold $15.25-16.75,
and No. 2-3, 400-600# $14.00-16.00. In the
western Corn Belt U. S. 1-3, 270-400# $15.00-
16.00, up to $16.25 at Sioux City. No. 2-3,
400-600# $14.00-15.25, down to $13.50 at St.
Paul.
Feeder pigs were 500 higher at St. Paul
with Choice 120-160# selling at $16.00-16.50,
largely $16.00. At Sioux City Good and Choice
were fully steady with 130-170# at $15.25-
16.25.
Average cut-out value advantage of U. S.
No. 1 over No. 3 live basis 200-220# barrows
and gilts was $.97 per cwt. based on wholesale
carlot prices of fresh pork cuts at Chicago
October 4 to October 10, 1962 inclusive.
Interior Iowa-Southern Minnesota receipts
totaled 382,000 compared with 312,000 a week
earlier and 399,000 a year ago. U. S. 1-3 200-
250# weights made up bulk of barrows and gilts
offered but greater proportion 230-250# with
small increase in heavier butchers. Average
weights estimated 5# heavier than a year
earlier. Sows about 8 percent of receipts.
Prices for butchers under 240# advanced 35-750;
heavier weights 35-550; sows 40-600, mostly
50o.
Barrows and gilts: On Friday, U. S. 1-3
200-240#, $16.25-16.75, moderate voliie No.
1-2 $16.75-17.00.
Sows: U. S. 1-3 270-400#, $14.50-16.00,
small volume No. 1-2 under 300# $16.00-16.40;
400-550#, $13.25-15.25.
Interior Illinois Receipts totaled
131,000 head compared with 108,200 last week
and 121,500 a year ago. Supplies mostly 200-
240# barrows and gilts and 4-6 percent saws.
For the week, barrows and gilts sold 50-750
higher. Sows closed 25-750 higher.
Barrows and gilts: On Friday, U. S. 1-3
190-240# $16.25-17.00, mostly $16.40-16.85.
No. 1-2 200-23C5 $17.00-17.55. Few No. 1 200-
220# $17.50, No. 1-3 240-270# $15.85-16.50.
Sows: U. S. 1-3 250-550# $15.00-15.75.
Few No. 1-2 280-530# $16.00-16.25. No. 1-3
350-450# $14.00-15.00. No. 2-3 450-550# $13.00-
14.00, No. 2-5 550-600# $12.25-13.00.

SHEEP AND IAMBS Supplies at the major
public markets totaled 155,000 head, compared
120,000 last week and 141,000 a year ago.
Week's volume largest for any week since Oct.
1961. Wooled slaughter lambs accounted for the
bulk of receipts with shorn lamb numbers in-
creasing slightly. Compared with the previous
Friday, closing slaughter lamb sales were
250-$1.00 lower. Slaughter ewes and feeder


lambs steady to 500 lower except at Denver
where this class comprised 60 percent of supply
steady to 50 higher.
Wooled slaughter lambs: Late sales Choice
and Prime 85-118# $18.00-20.00, earlier in
week to $21.00. Choice and mixed Good and
Choice 75-116# $17.00-19.00. Choice and Prime
90-115# at Denver $21.00-21.80, Choice $19.60-
21.00, Good and Choice $19.00-19.60.
Shorn slaughter lambs: Choice and Prime
No. 2 to fall shorn 80-100# $19.00-20.25.
Choice and mixed Good and Choice No. 3 to fall
shorn 71-11C? $17.00-19.00.
Slaughter ewes: Cull to Good wooled and
shorn $3.50-6.50, few $7.00-7.25.
Feeder lambs: Choice and Fancy 59-80#
western lambs $19.00-19.50, loadlots Fancy
69-80# $19.35-20.00 at Denver. Choice natives
and westerns 55-80# $16.00-19.00, Good and
Choice 40-75# $13.50-17.00.
Interior Iowa-Southern Minnesota area
sheep and lamb receipts totaled 18,400 head,
compared 14,100 last week and 20,700 a year
ago. Slaughter lambs sold fully 500 lower.
Slaughter ewes sold steady.
Slaughter lambs: Wooled, Choice and
Choice and Prime 85-110# delivered $17.50-
18.50, mixed Good and Choice $16.00-18.00.
Shorn, Choice and few Prime 80-105# No. 1 and 2
pelts $17.50-18.50, Good and Choice $16.00-
18.00. Several loads wooled and shorn No. 1
pelts with over-night stand $18.75-19.50.
Slaughter ewes: Cull to Good shorn $3.00-
5.50, few $5.75.

RANGE AND FEEDLOT SALES

ARIZONA, CALIFORNIA, NEVADA AND UTAH -
Trading on slaughter steers and heifers moder-
ately active, mostly steady. Feeder cattle and
calves steady. Slaughter lambs, sales limited,
few in California steady. Unless otherwise
stated, all sales to deliver within 10 days.
Slaughter steers: California-Arizona-Utah,
9,450 mostly Choice 850-1150# $25.75-27.00 cur-
rent through November; 3,100 Good and Choice
950-1100# $25.25-26.00; 3,550 Standard and
Good 850-1100# $23.00-25.50.
Slaughter heifers: California-Arizona-
Utah, 1,950 mostly Choice 750-925# $25.00-25.50
current through November; 475 Good and Choice
775-925# $24.50-25.00. Note: Unless otherwise
stated, all sales slaughter cattle net weight
f.o.b.feedlot after 4 or 5 percent shrink.
Feeder cattle: Steers: 1,125 Choice 525-
750# $24.00-26.20; 130 mostly Choice 850#
$25.25 with 60 days feed; 500 Good 600-675#
$23.50-23.90, 4 percent shrink; 275 Medium
900# $23.00 with 65 days feed. Mixed steers
and heifers: 60 Choice 350-400# $26.00-28.00;
875 Choice 400-500# calves, steers $26.00-27.00,
heifers $24.00-25.00. Note: Unless otherwise
stated, all sales feeder cattle net weight
after none to 5 percent shrink.








Slaughter lambs: California, 1,750 Choice,
few Prime 95-105# with fall shorn and No. 1
pelts $20.00. Nevada, 300 Choice and Prime
100# full wooled $19.00. Note: Unless other-
wise stated, all sales lambs with overnight
stand or 4 percent shrink.

COLORADO, SOUTHERN WYOMING, WESTERN KANSAS
AND WESTERN NEBRASKA Trading active. Slaugh-
ter steers 25-500 higher, heifers 50-750 higher.
Feeder cattle steady. Slaughter lambs mostly
50# lower, feeders steady.
Slaughter steers: Colorado, 5,860 Choice
1050-1425?$27.50-28.50; 550 Good to low-Choice
1050-1150# $26.50-27.65.
Slaughter heifers: Colorado and Nebraska,
9,575 mostly Choice 860-1025# $26.25-27.25;
some f.o.b. feedlot; 375 Good to low-Choice
900-935# $25.50-26.25. All slaughter cattle
sold with 4 percent shrink and delivered.
Feeders: Nebraska, 650 Choice and Fancy
675-800# steers $26.00-27.50; 400 Choice 650-
700# heifers $25.00-26.00.. 75 Choice and
Fancy 375-440# steers $32.50-36.00, heifers
$50.00-335.00. Wyoming, 925 Choice 615-6751#
steers $25.50-25.75. Around 350 mostly Choice
575-625# heifers $24.00-26.00. 1,400 Choice to
Fancy 340-400#Y calves, steers $33.00-34.00,
heifers $30.00-31.00. Kansas, 1,850 mostly
Choice 575-835# steers $24.85-25.50. 400 Choice
625-67511 heifers $24.25-25.00. Colorado, 2,875
Choice 585-725# steers $25.25-26.50; 1,550
Good and Choice 650-750# $25.50-24.00. 1,800
Good and Choice 560-650# heifers $25.75-25.00.
1,200 mostly Choice calves, steers 400-475#1
$31.00-34.00, heifers 365-400# $29.00-30.50.
All sales none to 3 percent shrink.
Sheep and lambs: Colorado, Choice and
Prime 92-100#? range wooled slaughter lambs
$20.00-20.25 f.o.b. weighing point or $20.50-
21.25 delivered. 5,500 Choice and Fancy 68-74#?
range feeder lambs $18.25-18.75. Wyoming,
16,000 Choice and Fancy 65-82# feeder lambs
$17.50-18.50.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Slaughter
steers and heifers steady to 50# lower. Feeders
steady to mostly 50# lower. Slaughter and feed-
er sheep moderately active, slaughter lambs
weak to $1.00 lower; ewes mostly 500 lower;
feeder lambs steady to 500 lower.
Slaughter cattle: Steers, 8 loads mostly
Choice 960-1200# $26.50-27.50; 20 loads Good
and Choice 900-1150# $25.50-26.50; bulk Good
900-1050# $24.00-25.75. Heifers, 9 loads Good
and Choice 800-975# $25.50-26.00; Good, 650-
900# $23.50-25.50.
Feeders: 2,950 Good and Choice 450-600,#
steers $25.50-26.00; 2,725 mostly Choice 650-
800# steers $24.00-24.90; 600 Medium and Good
450-800# $21.50-22.50; 1,450 Good 270-355Q
steers $27.00-27.50; 2,280 mostly Good 260-
400# heifers $25.50-25.75.


Sheep: 300 Good and Choice 95# wooled
slaughter lambs $17.50; 2,600 Cull to Good
slaughter ewes with fall shorn to No. 1 pelts
$4.50-5.75. 5,500 Good and Choice 60-70# wooled
feeder lambs $15.00-16.00.
Amarillo Area Trading slow, slaughter
steers steady, heifers steady to 250 higher.
Feeders little changed.
Slaughter cattle: Steers, 160 Good, 1060-
1075# $26.50; 600 Good to mostly Choice, 900-
925# heifers $26.25-26.50, 290 Good 700-800#
$25.00-25.25.
Feeder cattle:Steers, immediate to November
1 delivery 3,750 Good to mostly Choice 625-750C
$24.85-26.00; 220 mixed Good and Choice 800#
$23.85. Heifers, 200 Choice 625-650# $24.00.
400 Fancy 400# steers $553.00; 300 Choice 400-
425# steers $30.00, heifers $28.00.

OREGON AND WASHINGTON Trading slow,
slaughter steers and heifers weak to mostly 50#
lower; feeders steady. Sheep and lambs steady.
Slaughter cattle f.o.b. feedlot, 4 percent
shrink unless stated.
Slaughter steers: 105 head Good to mostly
Choice 1000-1075# $28.00 delivered, some guar-
anteed 61 percent yield; Oregon and Washington,
1,150 Good and Choice 1000-1260# $26.00-27.50,
some delivered, some f.o.b. and some 60-day
buyer's option; 270 Standard and Good 925-
1100# $23.00-24.75. Slaughter heifers: Oregon
and Washington, 40 head mostly Choice 850#
$26.50 delivered; 250 Good and Choice 825-920#
$25.00-25.50.
Feeders: Washington, 180 Choice 585-750#
steers $25.00 f.o.b. 3 percent shrink. About
340 Choice and Fancy 400-500 calves, steers
$28.00-30.00, heifers $26.00-28.00.
Sheep and lambs: Oregon, 3,200 Choice and
Prime 95-105# shorn slaughter lambs No. 1-2
pelts $20.50, delivered; 2,050 Choice 90-105#
$19.00-19.75. Washington, most sales delivered.
5,000 Choice and Prime wooled 90-100# $19.00-
19.50; 200 100# No. 1 pelts $18.50.

MONTANA AND NORTHERN WYOMING Trading
slow, feeder cattle and calves steady; feeder
lambs 50-75# lower. Unless otherwise stated
all sales for immediate delivery f.o.b. ranch
or weighing point, cattle 5 percent shrink
and lambs 4 percent shrink.
Feeder cattle and calves: Montana, 650
Good to mostly Choice 600-85!0# steers $24.50-
26.75; 500 Choice 650-750# heifers $23.50-
24.50. Around 1,150 head Choice and Fancy 375-
425 calves, steers $51.00-35.00, heifers $29.00-
32.00, some overnight stand no shrink.
Sheep: Montana, 500 Utility and Good
slaughter ewes $6.00 per head. Around 7,250
head Choice to Fancy 75-85# feeders $16.75-
18.00, some delivered. Wyoming, 1,800 Choice
75# ewe lambs $21.00; 1,000 Choice 75-80#
feeders $17.25-17.50, overnight stand in dry
lot with no shrink.







WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
-------------------------------------------------
S Cattle Calves Cs--_ Sheep and lambs
Market : Oct. 13 2 Oct. 14 Oct. 13 : Oct. 14 Oct. 15 : Oct. 14 t Oct. 13 Oct. 14
5 1962 1 1961 S 1962 t 1961 : 1962 : 1961 $ 1962 1961
Chicago ....... 54,144 38,484 96 477 28,051 35,225 5,851 4,275
Denver ........ 7,243 14,250 561 562 4,241 5,314 44,785 41,713
Fort Worth .... 8,044 7,419 2,104 1,187 1,207 1,389 6,626 8,016
Indianapolis .. 6,757 7,914 465 745 26,760 29,288 5,675 3,277
Kansas City ... 18,073 25,017 1,565 2,956 19,202 19,040 5,052 4,675
Oklahoma City 15,150 10,672 4,185 3,471 5,888 3,556 989 1,414
Omaha ......... 39,500 46,187 950 2,447 41,415 47,959 14,105 14,315
St. Joseph .... 16,047 16,401 698 898 50,905 26,636 7,776 5,418
St. Louis NSI 11,206 15,668 1,791 1,911 44,934 48,784 5,578 5,384
Sioux City .... 52,475 57,455 7,225 5,876 34,614 41,836 8,752 12,215
Sioux Falls ... 9,957 10,215 272 801 22,941 25,7355 11,172 15,015
So. St. Paul .. 22,048 28,161 6,577 8,846 45,426 59,558 25,178 27,042
Total ....... 218,624 255,859 26,487 30,177 505,580 540,098 155,495 140,753
Oct. 6L 1962 229,525 22,689 559,519 119,555
INTERIOR IOWA AND SOUTHERN MINNESOTA Oct. 13, 1962 Oct. 6, 1962 Oct. 14, 1961
Hogs ...... 382,000 512,000 399,000
Sheep ..... 18,400 14,100 20,700
INTERIOR ILLINOIS Hogs ...... 151,000 108,200 121,500


FEEDER CATTLE, AVERAGE COST, WEIGHr,_AND NUMBER
W Veek ended Month I Three months
t Oct. l1' Oct. 4 Oct. 12: Sept. Sept. July-Sept.
1 1962 1962 : 1961 1962 1961 1962 1961


Steers 1001# up ........* 284
901-1000 ......... 1,028
801-900 .......... 5,025
701-800 .......... 9,586
501-700 .......... _19657_
Total steers 10 markets.... 55,558
Av. vt. .... 682#1
Av. cost" .... $25.61
" Chicago ...... 25.67
" Kansas City... 25.04
" Omaha ........ 26.90
" S. St. Paul... 25.61
-" Sioux City.... 26.69
" Denver ....... 25.24
U Ft. Worth .... 20.94
" Oklahoma City. 24.07
" S. St. Joseph. 24.45
" St. Louis NST. 25.72
Total calves 10 markets.. 25,076
" heifers .... 6,756
" Ccows .... 1,494


408
1,184
5,743
7,920
17 6991
30,954
694#
$25.67
26.56
25.05
26.97
24.30
26.59
25.85
23.80
24.69
24.08
25.41
20,552
7,589
744


489
2,245
5,399
11,054
20,551.
39,736
704#
$25.26
25.58
22.69
24.61
20.97
23.84
24.25
21.93
21.49
21.82
21.19
29,857
6,237
1,307


1,175
6,753
14,459
27,601
49Q 098
99,084
710#
$25.42
25.62
25.21
26.43
25.28
26.66
25.80
24.10
23.83
235.91
24.49
61,796
25,829
3,428


1,483
8,857
18,778
28,431
_55282_
112,851
713#5
$25.05
22.95
22.61
24.06
21.14
235.91
25.57
22.11
22.55
22.75
22.10
55,989
21,106
4,586


3,666
21,089
46,014
72,855
129 L554
273,178
714#
$24.61
24.74
24.27
25.66
22.67
26.16
25.37
.23.79
23.71
23.75
25.15
168,720
60,695
9,076


4,493
21,434
47,827
65,101
_:132 093
270,948
713#
$22.65
22.58
22.58
25.54
20.67
23.51
23.24
21.97
21.80
22.57
21.95
158,068
52,745
9,287


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

ESTIMATED PERCENT OF FEEDER CATTLE AND SLAUGHTER COWS IN SALABLE RECEIPTS
vChi-'Kan-s IS.* St. St. ISiouxS.St. Indian-'Den- s Ft. 'Okla.Wich-' San
Week ended agosas maha JosephLouis y Pal apolis ver Worth City it Antonio
NSC t I Z t X
Feeders
Oct. 12, 1962 6 52 50 15 14 44 15 10 50 65 84 65 70
Oct. 5, 1962 2 56 55 15 15 58 15 10 55 75 85 74 65
Oct. 15, 1961 5 56 28 14 15 55 18 10 25 70 72 65 50
------------------------------------------------
Slaughter cows
Oct. 12, 1962 4 15 8 10 25 5 20 15 25 15 9 21 12
Oct. 5, 1962 4 12 7 10 15 4 20 15 25 20 9 14 15
Oct. 13, 1961 4 7 6 4 15 4 17 14 11 15 14 11 18


- -. -m -. -e -m -m -






STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER I/

S Nuber of head : Percent of total 3 Average weight : Average price in
S by grades (pounds) :dollars per 100 lb.
Grade -- ------ ---- -- ----------------
I Week ended
: OcF.11 Oct. 12 : Oct.11 : Oct'. l :T't.ll : Oct. 2~T o:tt.l : oct. i2
: 1962 : _.2. : 1961 : 1962 : 1961 : 1962 : 1961
CHICAGO


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

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

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

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


1,578
15,456
5,907
656
-
195
21,770

191
7,125
6,421
453
84
14,272


5,899
4,506
424
21
10,901

16
1,343
1,859
357

31
3,586


4,399
19,663
4,143
683
18
126
29,052

444
10,344
6,821
626
70
18,505

582
9,446
5,251
657
195
16 131

55
1,716
5,129
948

58
5,906


7.2 15.2 1,233 1,255
70.9 67.7 1,130 1,186
17.9 14.3 1,026 1,088
5.1 2.4 1,012 1,054
-- .0 -- 1,708
.9 .4 1,025 1,028
1,114 1,179
OMAHA
1.5 2.4 1,190 1,192
49.9 56.5 1,089 1,135
45.0 37.5 1,040 1,062
3.2 3.4 1,060 1,053
.6 .4 971 1,025
1,067 1,106


sioux cITf
.5 3.6

54.1 58.5
41.53 52.6
3.9 4.1
.2 1.2


KINSAS


1,152 ~ 1,259


30.90
29.00
27.34
24.61

22.56
28.71

29.49
27.75
25.95
25.17
21.63
26.80


25.24
24.58
25.42
21.70
21.00
20.24
24.32

24.71
23.72
22.68
20.69
18.94
25.26


- 29.50 24. 20'


1,108 1,160 27.58 23.78
1,048 1,091 26.57 22.91
1,028 1,060 25.73 21.06
1,007 1,014 22.09 19.82
1,080 1,155 26.95 23.38


.4 .9 1,175 1,558 29.65 23.85
37.5 29.1 1,090 1,155 28.35 24.17
51.8 53.0 1,025 1,077 26.63 23.26
9.4 16.0 1,070 1,048 22.68 21.40

.9 1.0 952 1,153 21.42 19.34
1,053 1,098 26.89 23.22
ST. LOUIS NSY


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


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


1,012
2,145
461

65
3,683



2,735
5,227
305

6,267


1,741
35,063
546

115
5,465


-
27.5
58.2
12.5

1.8


51.9
56.0
10.0

2.1


1,050 1,079 28.22 24.40
1,000 1,054 26.74 25.45
945 942 24.10 21.54

958 910 21.28 19.04
1,006 1,048 26.76 23.48
- - - --m m


S. ST.- JOSEP


20
5,523
5,817
134
29
7,523


45.6
51.5
4.9


.3
46.8
50.7
1.8
.4


1,100
1,049
1,061

1,072


1,159 -- 25.00
1,152 28.59 25.80
1,065 26.58 22.86
1,042 22.89 20.29
1,007 -- 18.00
1,096 27.21 23.26
- --ee m e


- ------ ma m ^m -r m lD --V


Prime......e... -- -- -- -- --
Choice......... 718 3,130 73.0 73.7 1,073 1,083 27.68 23.91
Good........... 253 1,091 25.7 25.7 1,084 1,051 25.87 22.69
Standard....... 13 25 1.5 .6 1,073 1,093 22.24 20.19
Utility........ -- -- -- -- --
All grades..... 984 4,246 1,076 1,075 27.14 23.58
SData collected by Statistical ReportingService, andLi--------------------------------------vestock Division, A. M. S.
V/Data collected by Statistical Reporting Service, and Livestock Division, A. M.N S.


CUfTr






WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS


City or Area


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 ....
Total .......................


S- Cattle
'oct.13 T.ot.14
- 1.962 1961


10,851
9,111
20,517
14,918
26,813
10,599
31,111
38,001
13,606
35,221
8,026
10,522
18,982
10,645
26,631
29,130
9,537
321,999


Calves : Hogs Sheep and lambs
----------------------------------------------------------
Oct.135 Oct.14 Oct.13 Oct.14. Oct.13 Oct.14
1962 1961 J 1962 "161. 1 621 261_


11,631 9,892
9,901 1,902
21,649 35,763
17,535 6,851
51,669 18,658
12,450 2,084
32,807 --
42,621 141
14,427 --
38,542 9,201
8,014 4,074
11,679 4,048
21,093 1,244
12,500 2,905
26,265 125
14,107 1,815
9,450 381
67,080


556,340
Accumulation to date ... 15,027,469 2,420,451


12,691 31,428
2,406 27,515
1,529 141,556
8,748 49,612
21,650 116,324
1,880 79,499
110,461
157 88,994
-- 36,577
10,295 308,756
4,433 56,051
5,099 23,191
957 48,411
5,555 17,128
96 15,759
286 50,000
565 18,472
1,199,534


46,023 27,269 39,842
35,445 4,258 5,035
119,558 15,203 6,999
40,948 16,847 5,955
128,567 20,455 26,674
82,725 4,965 5,741
120,950 12,210 15,251
104,412 17,024 17,295
39,025 -- -
350,231 55,215 39,579
50,337 -- -
24,470 -- -
50,756 8,220 11,065
19,981 36,086 32,280
15,555 56,601 65,342
7,562 52,445 55,803
22,149 6,829 8,485
291,621


75,947 1,256,470 511,542
44,453,592 10,651,049


12,855,556 2,524,337 43,312,859 11,045,345



ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
- -------- ^ -------- ------ -- p^- 7- -^' --Y---- ;- -- -
Beef Veal a (excl. lard)L and mutton : Total Total
Week ended ~Nmn- : Nm-~ : Num- : Num- : meat a lard
ber : ro ber brod er : Pd. ber pr : od. prod.
1,000 mil.lb. 1000 mil.lb. 1,000 mil.lb. 1.e000 mi.1b.nil.lb. .il.1b.
226.8 000 _i1.1b.7 -,00-iMb.L0- r-


Oct. 13, 1962 ........
Oct. 6, 1962 ........
Sept.22, 1962 1/......
Oct. 14, 1961 T/:......


226.8
223.2

248.1


11.7
12.2

12.9


-1,390
1,415
1,263
1,441


197.7
199.5

197.0


14.8 451.0 --
14.5 449.4 --
-- 35.7
15.4 473.4 43.2


Percentage change from:
Oct. 6, 1962 ......... 3 2 -4 -4 -2 -1 0 2 0 --
Oct.14 1961 ......... -5 -9 -3 -9 -4 0 -7 -4 -5 --
-- -- --------------------- -------t-------------.
...'.... ... Av ergge _eSght_(_b ) Lard

Week ended Cattle Calves Hogs Sheep yield
We Lnde Dr e Le ese -and lambs 0l
: : : : : :- -per
-- Live jDressed. Live .Dressed. Live .Dressed: Live 1Dressed: 100 lb-


Oct. 13, 1962 ........ 1000
Oct. 6, 1962 ........ 1000
Sept.22, 1962 ........ 990
Oct. 14, 1961 ....... 1053


46 --
46 --
46 --
45 12.7


1/ Actual slaughter. 2/ Excludes lard.






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

Classification Oct. Oct. Oct. Oct. Oct. Oct. Oct. : Oct. Oct. : Oct.
13 : 14 : : 14 : 13 14 15 14 13 14
1962 : 1961 : 1962 : 1961 1962 1961 1962: 1961 1 1962: 1961


Steers -


Slaughter cattle, calves and vealers


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


Standard

Heifers -
Choice
Good
Standard

Cows -
Commercial
Utility
Cutter
Canner


50.12
51.08.
28.78
29.52
26.90
24.68


700-900# 26.95
600-800 -
25.05


15.50
15.00
15.85
12.60


Bulls YTrgs. excl.
Commercial
Utility

Calves 250-500#
Choice
Good
Standard

Vealers 150-250#
Choice
Good
Standard


Steers 500-800;
Fancy
Choice
Good


25.28
25.58
24.58
24.52
25.20
21.55


23.35

20.18


15.98
14.58
14.05
12.52


18.15 17.00
18.15 17.75


28.55
28.85
26.20
22.68


26.98
24.58
20.85


15.98
14.85
15.60
12.05


24.58
24.29
23.45
21.20


23.52
22.60
20.15


16.40
15.62
14.65
15.52


29.65
50.52
28.25
28.92
26.02
25.65


26.58
24.52
22.10


15.88
14.78
15.50
12.65


17.58 16.92 17.25
17.50 17.12 17.25


25.00
21.00
18.50


25.00
25.50
20.50


21.50
20.00
18.25


24.50
22.00
19.00


24.90
24.90
24.00
24.02
22.78
21.08


25.12
21.75
20.00


16.25
15.58
14.12
13.25


17.18
17.30


w--

27.85
27.85
25.05



26.25





15.40
14.52
15.08


25.85
25.80
21.92
19.60


23.12

18.45



15.55
135.98
12.85


18.20 19.10


27.62

25.88
21.50


26.25
24.00
19.50


16.00
15.00
12.50
10.75



18.75


24.89
--
25.25
20.50


235.50
22.00
19.00


15.75
15.19
15.44
12.00



19.00


m-- --
-- 21.50
-- 19.00


25.00
25.25
21.00


24.00
22.25
19.75


28.00
26.00
25.50


26.00
24.00
21.00


Feeder cattle and calves


25.75


Heifers 500-750#
Choice
Good

Calves -
Steer -
Fancy 300-550
Choice "
Good 500-500#
Heifer 300-500#
Fancy
Choice
Good

*Medium and Good.


26.08
24.25


29.12
27.82
25.55


25.15
23.35


50.05
27.92
25.00


25.80
25.55


-- -- 25.25 22.85 26.00 24.25
-- -- 25.58 20.22* 25.25 20.50*


-- 352.15 --
50.40) 27.45
27.25) "

-- 28.40 --
S 26.25) 24 65
25.40) 4


55.50 --
51.00) 28.40
26.75)

29.50 --
27.75) 2630
24.75)


29.00
27.50
24.00


25.50
21.50


25.00 23.50
22.00 20.00w




29.25) 28.75
25.50)


24.00
22.00


25.75
22.50


20.00 17.75*




25.00) 24.50
--)


27.00 22.50) 22.00







CATTLE: MONTHLY AVERAGE PRICES
In dollars per 100 pounds
------------------------------------- ----------------------
7 7 :North
Chicago : Kansas City Omaha : Denver : Portland
: : : -


Classification I Sept.: Sept. : Sept.: Sept.: Sept.: Sept.: Sept.: Sept.
3 1962 : 1961 : 1962 ? 1961 : 1962 : 1961 : 1962 : 1961
-- -- -1- -- :_ -- --1 -: : --
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


51.18
52.55
29.55
50.14
26.96
24.55


700-900# 27.27
600-800 -
23.05


16.05
15.65
14.98
15.59


25.01
25.10
24.45
24.20
23.25
21.82


25.26

19.98


15.20
14.70
14.52
12.69


29.12
29.55
26.35
22.78


27.16
24.66
21.52


17.19
16.07
14.96
12.92


24.355
23.95
23.10
20.91


23.15
22.05
20.26


15.96
15.42
14.58
13.42


50.05
31.26
28.83
29.48
25.86
25.60


26.84
24.58
22.00


16.96
15.80
14.71
13.66


24.64
24.60
235.78
25.72
22.43
20.97


23.01
21.58
20.02


16.40
15.54
14.60
13.65


28.75
28.75
25.96



26.80





16.25
14.77
15.29


23.86
23.84
21.42
18.98


25.10

18.25



16.57
15.04
15.96


: Sept.' Sept.
1962 : 1961


27.82
27.56
25.78
22.00


26.25
25.94
20.00


15.94
14.94
12.88
11.28


Bulls Yrlgs. excl.
Commercial
Utility

Calves 250-500#
Choice
Good
Standard

Vealers 150-250#
Choice
Good
Standard


Steers 500-800#
Fancy
Choice
Good

Heifers 500-750#
Choice
Good

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


20.03 19.05 18.05 17.52 17.77
20.05 19.58 17.98 17.74 18.01


22.91
21.10
19.55


25.00
25.50
20.50


22.24
20.22
18.25


24.50
22.00
19.00


25.00
25.25
21.00


17.98 -
18.08 18.85


24.75
25.00
20.12


-- 18.46
19.70 19.00


-- 27.50
-- 25.88
- 25.25


Feeder cattle and calves


25.75


26.21
24.27


29.24
27.86
25.51


25.40
25.45


50.67
28.72
25.75


-- -- 25.09 23.59 25.92
- -- 25.10 20.70w 25.50


- 51.85
-- 50.06)
27.05)

-- 28.14
25.98)
23.27)


-- 55.40
27.86 50.69)
26.97)


25.10


29.69
27.75)
24.69)


25.97
24.02


29.12
26.84
25.94


24.56 24.88
20.75* 22.25




27.88 29.19)
26.58)


25


25.74
22.51


24.58
22.38


25.66 25.62
20.52. 20.67


29.08
29.08


-- 24.44


.51 27.32 22.08


*Medium and Good.


25.12
24.56
25.54
20.56


23.40
21.69
18.88


15.46
14.96
135.00
11.44



19.19


25.00
24.00
21.00


23.56
22.25


17.50*





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HOGSt AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES _/
"- -S'. -- : Eight
I : Louis : Kansas' : Sioux 'S. St. : S. St.:Indian-' mkts.
Week ended :Chicago: Nat'l.: City : Omaha City :Joseph : Paul :apolis : com-
t : Stock s : t: t : t bined
: Yards : : : : :: :
AVERAGE COST Dollars per 100 pounds
Barrows Oct. 13, 1962 17.42 17.29 17.05 17.21 17.07 17.06 16.95 17.57 17.19
and Oct. 6, 1962 17.26 16.80 16.60 16.94 16.91 16.71 16.60 17.17 16.96
gilts Oct. 14, 1961 17.90 17.75 16.91 16.98 16.82 17.00 16.84 18.01 17.26
Oct. 13, 1962 15.15 14.97 15.23 15.37 15.41 14.07 15.02 15.29 15.07
Sows Oct. 6, 1962 15.41 15.16 15.47 15.51 15.56 15.30 15.18 15.20 15.355
Oct. 14, 1961 15.69 15.75 15.94 15.76 15.76 15.94 15.355 15.90 15.70
AVERAGE WEIGHT Pounds
Barrows Oct. 13, 1962 224 223 236 231 234 236 227 227 229
and Oct. 6, 1962 225 221 252 228 228 231 225 224 226
gilts Oct. 14, 1961 221 220 229 225 225 224 225 220 224
Oct. 15, 1962 425 407 409 420 416 437 404 441 419
Sows Oct. 6, 1962 419 406 405 416 400 398 404 457 410
Oct. 14, 1961 409 410 409 405 403 394 599 427 406


NUMBER OF HEAD -
Barrows Oct. 15, 1962 20255 39698 173550 54955 30065 26548
and Oct. 6, 1962 26884 51205 16001 59840 28017 26527
gilts Oct. 14, 1961 27086 44558 17558 39231 35738 23194
Oct. 15, 1962 5153 3196 1404 4512 55329 2818
Sows Oct. 6, 1962 3577 4570 1285 5321 4068 2802
Oct. 14, 1961 3467 3411 1142 5900 4521 2393
SOWS Percentage of total
Oct. 15, 1962 15 8 7 11 10 10
Oct. 6, 1962 12 8 7 12 13 10
Oct. 14, 1961 11 7 6 13 11 9


34985 22845
48655 26511
42257 25960
5358 2527
6801 3247
6141 3164

15 10
12 11
13 12


I/ Weighted average.

AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG,
COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
Week ended Hog products 1/ Hog prices 2/. t Gross spread
1 1og ct I/or margin 3/
-- -- -- -- -- e---d---- --- -

Oct. 15, 1962 ........... $18.58 $17.62 $.96
Oct. 6, 1962 .......... 18.50 17.30 1.20
Oct. 14, 1961 ........... 19.21 17.95 1.26
------------------------------------ -----------------------
I/ Value of all edible products, fresh basis (lard rendered) in 100 lb. of live
hoi 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 5 hogs, 200-220# wt. Chicago.
_/ Difference between wholesale product value and hog prices.


HOG AND CORN PRICES AT CHICAGO
: Barrows and
Week ended : gilts 1/
: Dollars per
: 100 pounds

Oct. 135, 1962 ......... 17.42
Oct. 6, 1962 ......... 17.26
Oct. 14, 1961 ......... 17.90
/ Weighted average. 2/ Simple average.


AND HOG-CORN PRICE RATIO
: Corn 2/ : Hog-corn
: No.5 yellow : price ratio
: Cents per : based on
: bushel : barrows and gilts


110.4
111.9
110.1


15.8
15.4
16.5
-------------


226455
263438
253542
26277
31671
- 30139

10
11
11









WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEW

EASTERN SEABOARD Steer beef sold steady
to $1.00 lower, except 500 higher at New York;
cow beef steady to $2.00 lower; veal $2.00-6.00
lower except steady at Baltimore; lamb steady to
$2.00 lower; pork loins strong to $3.00, mostly
$1.00-3.00 up with the full advance at New York;
other listed pork cuts generally $1.00-5.00
lower, except fresh skinned hams steady to $1.00
higher at Washington and all fresh cuts $1.00-
2.00 higher at Baltimore.
Prices for kosher steer forequarters were
500-$1.00 higher and the trend was fully $1.00
lower for lamb. Bulk kosher dressed veal and
calf foresaddles were $1.00-2.00 lower.
Supplies were normal at Eastern markets
with allowance for non-work days. Trading in
general was fairly active under moderately broad
demand which heavily favored beef forequarter
cuts, lamb hindsaddles and pork loins. Beef
chucks were forerunners this week and rib outlet
fairly broad. Rounds met rather wide distribu-
tion at New York where ribs from 700-900# car-
casses held best. Veal and calf was under
pressure for second week's running and most de-
cline was recorded on lower grades which pre-
dominated. Poor demand for lamb forces and con-
centrated buying power on legs and hindsaddles
was the pattern for lamb at most markets. Pork
loins moved well at the several markets with
outlet uneven for other cuts. Washington re-
ported small carryover of beef loins and ribs
along with lamb foresaddles, while at New York
some veal and calf was unsold, otherwise clear-
ances broad.

CHICAGO Steer beef sold 500-$1.00 higher
for the week, heifer beef $1.50 higher, veal
$2.00-3.00 lower, lamb fully $1.00 lower, pork
loins 8-16# 500-$1.00 higher, Boston butts 4-8#
unchanged, spareribs 3# down $1.00 lower.
Veal supply was only moderate, while other
classes of fresh meats were offered in normal
volume. Beef in the main was Good to average-
Choice quality. Lamb carcasses weighing 35-55#
comprised the bulk.
Trading on beef carcasses was only moder-
ately active at best. Most interests in the
trade concentrated on forequarters and equiva-
lent cuts, particularly chucks which advanced
$2.00. Rounds and loins were slow and weak.
All weights and grades of veal were slow and
prices lower for the second straight week. Car-
cass lamb trade was slow as most product sold
in primal cuts. All cuts cleared evenly through
mid-week, ribs slowing somewhat in the late
trade. Fresh pork trade generally slow, however,


loins worked higher on early sessions but
most of the upturn erased after Tuesday.

PACIFIC COAST Steer and heifer car-
cass beef sold steady to 500 lower with the
exception of Standard steer and all heifer
steady at San Francisco and Standard steer
weak to $1.00 lower in the Portland-Seattle
area. Cow beef was steady to $1.00 lower
except in the Los Angeles area where moder-
ate late week supplies contributed to a steady
to 500 higher trend. Calf sold mostly steady
in Los Angeles, calf and veal weak to $1.00
lower in San Francisco, steady to $1.50 higher
in Portland and Seattle. Lamb was weak to
$1.00 lower in California with most decline
in Los Angeles but sales were steady in the
Pacific Northwest. Pork prices continued
in an irregular pattern, fresh loins steady
to $2.00 higher, all other fresh and cured
items steady to $2.00 lower except spareribs
$2.00-3.00 lower in Los Angeles.
Offerings of steer beef were fairly
liberal, Good grade most plentiful; heifer
and cow beef in near normal volume, calf
moderate, lamb above normal, pork moderate.
In general, supplies of all meats were fully
adequate for a fair demand.

CARLOT MEAT TRADE REVIEW

CHICAGO, DENVER, OMAHA, NEW YORK AND
PHILADELPHIA Below normal supplies and
higher live costs influenced upturns on steer
and heifer beef. Trading was slow early and
only moderately active at mid-week. Eastern
wholesale centers confined trading to mid-
week sessions since holidays were observed
both early and late in the week. The week's
trend on Choice steer beef was 500-$2.00
higher, mostly $1.00-1.50 higher. Good sold
500-$1.50 higher. Heifer beef prices were
$1.00-2.00 higher, mostly $1.00-1.50 up.
Cow beef sold steady to 500 lower with the
trend $1.00 lower at Denver. Clearance was
broad on beef offerings.
Trading was slow and prices declined on
fully normal supplies of carcass lamb. Clos-
ing prices were $1.00-2.00 lower. Clearance
was generally complete.
Supplies of pork products were normal
and price trends were uneven. Pork loins
were $1.00-1.50 higher at Omaha but steady
to 500 lower at Chicago where prices advanced
sharply late in the previous week. Pork
butts were steady to $1.00 lower and fresh
hams sold from 500-$1.50 higher.








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

C New York Chicago : San Francisco Los Angeles
Classification : X
: Oct. 13 : Oct. 14 : Oct. 15 : Oct. 14 : Oct. 13 : Oct. 14 : Oct. 15 : Oct. 14
: 1962 : 1961 : 1962 : 1961 : 1962 : 1961 : 1962 t 1961


Steer beef -
Prime
Choice

Good

Heifer beef -
Choice


Good


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

500-600#
600-700
500-600


Veal -
Prime 90-120#
Choice 90-120
Good 90-120
Lamb -
frime 45-55#
Choice 45-55
Fresh pork -
Loins 8-124
Butts 4-8
Spareribs 5# down
Hams, smk. skd. -
Cook before eating 12-16#
Fully cooked 10-14#
Bacon, smoked, sliced -
1# package (box lots)
Picnics, smoked (Cook
before eating) 4-8#
Lard, 1# carton


51.20
47.95
49.20
45.45
45.95


60.60
50.60
48.10


42.30
41.80
41.30
40.30
40.80


58.00
49.50
44.50


46.05
46.62
44.12
44.62

44.70
44.70
43.20

55.00
51.50
47.38


40.12
39.38
58.75
38.75

39.12
39.12
37.50

57.00
51.50
47.00


44.50
43.62
43.75
42.88

44.00
43.75
45.00



55.50


40.50
39.38
39.50
58.50

39.25
39.00
37.75



51.50


44.44
42.50
42.00
41.25

42.94
42.50


41.19
39.88
40.00
39.25

41.06
40.25


44.85 41.00 43.25 39.50 43.50 38.00 43.38 59.62
44.85 41.00 43.25 39.50 43.50 38.00 43.58 39.62


49.70
40.10
40.90

45.00
47.00


52.20
39.05
42.50


46.88
35.25
37.88


48.80
56.55
37.00


45.50 -- 47.25
47.00 51.00 51.25


53.00
44.00
46.50


53.00
41.00
44.75


52.50 47.00


50.00
59.62
43.25


55.50
44.00
48.00


46.25 48.12


50.00 56.00 51.00 57.00 54.50 60.25 52.69 58.50


33.50 31.50 54.75 34.25
15.25 14.00 15.00 13.75


55.00 35.00 35.19
17.00 17.75 16.00


BULK PRICES CARLOT BASIS EEK ENDED OCTOBER 12, 1962
~rPi e~ aTd-FO7B :- : Frrc8se-de1Tvzrqd-
Classification P rie adr I "-Iew- ro T hlfei djl -1a


Steer oeez -
Choice


Good


Heifer beef -
Choice

Good


Cow beef All weig
Utility
Canner and Cutter
Lamb -
Prime 5-


44.50-45.00
45.00-45.50
45.50-46.00
42.50-43.00
43.00-44.00
45.00-44.00

45.50-44.00
43.50-44.00
42.50-45.00
42.50-45.00

28.50-29.00
28.00

40.00-40.50
40.00-40.50
40.00-40.50
40.00-40.50
40.00-40.50
40.00-40.50


44.00
44.00-44.50
44.50-45.00

40.00-43.00
40.00-43.00

41.50-43.00
41.50-43.00
41.00
41.00

28.50


37.00-40.00
37.00-40.00
37.00-39.00
37.00-40.00
37.00-40.00
37.00-39.00


44.00-44.50
44.50-45.00
45.00-45.50

45.00-45.50
42.50-43.00

42.50-45.25
42.50-43.25
41.50-42.25
41.50-42.25

27.50-28.25
27.25-27.50




3B.50
38.50
38.50


46.00-47.00
47.00-47.50
47.00-47.50
43.00-46.00
45.00-46.00
45.00-46.00


46.50-47.00
47.00-47.50
47.50-48.00

44.00-45.50
44.50-46.00


-- 45.50-46.50
-- 46.00-46.50



-- .28.50-50.50
-- 27.00-28.00


41.00-42.00
41.00-42.00
41.00-42.00
41.00-42.00
41.00-42.00
41.00-42.00


41.50-42.00
41.50-42.00
41.00-41.50
41.50-42.00
41.50-42.00
41.00-41.50


Fresh pork -
Loins 8-12# 45.00-46.00


-- 43.25-44.50


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


46.00-46.50


45#






BOSTON WOOL MARKET REVIEW


Trading on greasy domestic worsted wools
in the Boston market was severely restricted due
to the short supply. Prices continued strong
with a good demand for graded 3/8s and quarter-
blood fleece wools.

Turnover of woolen wools and noils was
very slow at steady prices.

Activity in the Territory and fleece wool
states was dull while occasional sales of fall
wools in Texas sold at strong prices.

Cabled reports at mid-week showed the Aus-
tralian market firm. There was good general
competition between England, France, the United'
States and Japan with a good clearance. Quota-
tions on combing wools from South Africa were
very strong due to limited offerings resulting
from the severe drought in that area. Medium
and short wools were unchanged with France and
the United States dominating and some interest
from Japan and England. In New Zealand there
were a few forward sales of slipes and carpet
wools for shipment to the United States as the
local trade awaited the opening of auctions Oc-
tober 17 at Dunedin. Trading in South America
was dull. Shearing was well under way in Uru-
guay this week.

The Crop Reporting Board of the United
States Department of Agriculture announced the
average price received by farmers for wool on
September 15, 1962 was 44.70 per grease pound.
This compared to 45.10 for August 15, 1962 and
42.00 for September 15, 1961.

Fleece Wools Medium fleece wools con-
tinued in good demand with limited offerings
available at strong prices.

Territory Wools Greasy northern Cali-
fornia 58/60s fall wool sold at an estimated
clean price of 800 delivered East.

Texas Wools A few cars of fine fall
Texas wools sold at strong prices estimated
around $1.00 clean basis, delivered East. Some
dealers estimate one million pounds of fall
wools remain unsold in Texas.

Mohair There were occasional sales of
adult mohair at 66:2 and kid hair at $1.06i to
the warehouse but trade was generally dull in
Texas and Boston. All grades of mohair tops
were moved for domestic consumption in the lo-
cal market.

Foreign Wools Spot foreign wools were
slow this week and offerings were limited.
Cabled reports at week's end follow with comb-
ing wools converted to clean U.S. oil-combed
yields and short wools to scouring yields, in
bond.


Australia
Oil-Combed
77 -$1.15 432
78 1.12 433
78A- 1.10 434
79 1.06 435
80 1.04


-$1.01
- .98
- .94
- .88


South Africa
Oil-Combed Scoured
7 -$1.15 yelds
8 1.12 27 $1.00
12 1.12 28 .98
47 1.12 32 .97
48 1.10 33 .93
52 1.11 37 .92
53 1.09 38 .90


Montevideo Super Skirted Wools 60/64s -
$1.01-$1.02, 60s 960-97, 60/58s 94-95,
58/56s 930-940, 56/50s 900-910.
Carpet Wools Trading on carpet wools
continued dull. A scoured New Zealand early
shorn carpet wool sold for shipment at 71.
Greasy New Zealand carpet fleeces were priced
from 70 -73-3/40, early shorn clips around 67#-
680, "B" style second shear at 690 and "BB"
style at 70-3/40. Greasy Buenos Aires carpet
fleeces were offered around 680, November sec-
ond clips 65-66 #, and a scoured Cordoba blend
at 65, all clean wool fibers present/bipment.
A greasy yellow Pakistan wool was offered for
shipment at 6510, clean wool fibers present.

Woolen Wools Sales follow:

Scoured Pulled Domestic Scoured Pulled Foreign
58s lambs l-2 wh.$1.10 Aust.58/60s ave. 2 "
Scoured Shorn Domestic Colonial scoured white
Terr. 58/60s ave.2" lambs $1.17
white lambs $1.00 Greasy Pulled Foreign
Scoured Shorn Foreign (Clean Basis, Duty Paid)
Aust. 50/56s crutchings N.Z. 56/58s 2-3" choice
good color 840 around $1.10

Wool Tops The wool tops market was dull
as prices held steady to firM. Quotes follow:


Warp Aust. D/C
70s $1.95
64s 1.82
62s 1.77
60s 1.67
58/60s 1.62

Oil-Combed
58/60s $1.60
56s 1.51
50/56s 1.49


Warp Dom. D/C
$1.95
1.80
1.75
1.65
1.60

Territory Fleece


$1.58
1.53
1.50


$1.50
1.46(N)


(N Nominal)


CLOSING FUTURES QUOTATIONS -
October 11, 1962 (Furnished by the Wool Asso-
ciates of the New York Cotton Exchange)
October wool tops $1.667B
December wool tops 1.662B
October wool 1.275B
December wool 1.254T





803
COLD STORAGE HOLDINGS OF MEATS AND IARD, SEPTEMBER 30, 1962

Refrigerated stocks of meat and meat products totaled 358 million pounds on
October 1, a decline of 42 million from a month earlier. This compared with a 9-million
pound decline a year earlier and the 5-year average decline of 26 million pounds. These
stocks were 6 percent below those of October 1, 1961, and 1 percent below the 5-year
average. October 1 stocks of beef, at 146 million pounds, were up 8 million compared
with a 3-million pound increase a year earlier. Total pork holdings declined 44 million
pounds, compared with a 9-million pound decline during September 1961 and the average
reduction of 25 million pounds. Stocks of pork were 7 percent above a year earlier,
but were 3 percent below average. Frozen pork totaled 107 million pounds, a decline of
42 million pounds, while cooler pork, at 50 million pounds, was 3 million pounds less
than September 1.


UNITED STATES STORAGE HOLDINGS OF MEATS AND LARD, SEPT. 30, 1962 WITH COMPARISONS
(Includes holdings in public, private and semi-private
cold storage houses and meat packing plants)


: September : September
Commodity : 1957-61 av.; 1961


1,000 lb.


Beef i
Frozen .
In cure and cured


154,247
12,145
146,592


1,000 lb.


157,474
15,161
170,635


August September
1962 : 1962
19216


1,000 lb.


122,422
15,040
137,462


1,000 lb.


151,956
15,651
145,587


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


. .




. 00 4 .

0 0 .
o .o. .
.....oeoee
. .e .eo.
. ooe.o.
.oooooe.. .


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

Total all meats .
Lard, rendered and refined 3/
GOVERNMENT HOLDINGS 5/ -
Pork . .
Beef . .


3,861 3,568 4,225 4,641
25,245 17,526 27,545 20,405
15,321 5,553 34,493 12,445
1/ 5,324 8,589 5,577
2,753 2,751 1,810
2,518 3,464 1,880
6,752 7,081 6,084
7/ 7,728 10,908 7,748
59, 41 45,672 50,454 47,016
100,366 96,794 149,268 107,406

4,460 2,045 4,301 3,053
5,678 4,760 4,854 4,512
31,639 24,686 23,677 22,721
41,777 51,491 32,852 30,286
142,145 128,285 182,100 137,692

8,635 8,127 5,670 5,474
12,614 21,019 11,818 9,998

(53,172 31,025 40,608 38,593
2/ ( 21,735 22,313 20,995
362,956 380,824 399,971 358,3539


79,885


99,500


77,300


3,792 2,745 1,867 1,732
3,010 2.5340 1,775 1,775


1/ No historical data available. 2/ Includes other canned meats. V/ In dry and
cold storage as reported by Bureau-of Census. 4/ Not available. 5/ Government
holdings are included in the totals and consistoaf reported stocks-held by
U. S. D. A., the Armed Services and other Government Agencies.
Statistical Reporting Service Agricultural Estimates Division.


Total . .







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


UNIVERSITY OF FLORIDA
l1lll llltt11111 lllll111 11111111111111111111111111
3 1262 08506 9754
POSTAGE AND FEES PAID
U. S. Department of Agriculture


OFFICIAL BUSINESS

Form AMS-10/16/62
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
SLAUGHTER IA1*


SLAUGHTER LAMI
Prime

Choice

Good


(Wooled) 80-110#


20.15
18.25
18.65
17.58
16.90
15.75


4.50
4.20
4.82
5.95
4.00


17.52
18.80
16.65
17.80
15.28

6.02
3.50

5.50
5.02


-- 19.00
-- 17.00
-- 14.58


19.45 18,50
17.75 --
18.65 17.50
16.88 15.98
17.05 --
15.62 14.75


4.50
5.00


6.25
5.75


5.25 5.12
2.50 4.75
4.25 4.45



-- 14.75
-- 11.55


- -- -- 12.00


21.24 19.85 19.69
18.71 16.50 16.62
20.21 18.95 18.84
17.56 15.75 16.50
18.94 17.98 -
15.79 14682 15.00

6.12 5.50 5.88
4.30 5.75 4.38*
5.62 4.75 4.12
5.22 2.88 .62*
4.55 5.50 5.25


19.54 18.65 16.25
18.40 17.92 15.50
14.92 15.25 15.16

16.50 16.12 --


Oct. 15, 1962
Oct. 14, 1961
Oct. 13, 1962
Oct. 14, 1961
Oct. 13, 1962
Oct. 14, 1961


EWES: (Shorn) 90-150#
Good Oct. 13,
Good & Ch. Oct. 14,
Utility Oct. 15,
Cull & Util. Oct. 14,
Cull Oct. 13,

FEEDER LAMBS: (Wooled)
Fancy Oct. 15,
Choice Oct. 15,
Good & Ch. Oct. 14, 1

Good Oct. 13,


*Wooled basis.


1962
1961
1962
L961
L962

60-80#
L962
L962
1961

1962