Livestock, meat, wool market news

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

Subjects

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

Notes

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

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004691915
oclc - 04512121
lccn - sn 87043107
Classification:
lcc - NOT IN LC
ddc - 338.105
System ID:
AA00008493:00062

Related Items

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

Full Text


LIVES


MEAT


WOOL


WEEKLY SUMMARY

AND STATISTICS


LIVESTOCK DIV rS
U.S. DEI


"RICULTURAL MARKETING SERVICE
'MENT OF AGRICULTURE
WASHINGTON 28, 0.0.


Vol. 50, No. 25


June 19, 1962


Week ended June 16


Page


Livestock Market Reviews . . .
Livestock Market Receipts . .
Feeder Statistics .. *. .
Estimated Percentage of Feeder Cattle and
Slaughter Cows in Salable Receipts . .
Steer Sale Statistics. . .
Slaughter at Major Centers . .
Estimated Slaughter and Meat Production . .
Cattle Prices . . .
Hog Prices . . .
Hog Purchase Statistics . .
Sheep and Lamb Prices . . .


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


Special to this issue


Barrows and Gilts, 8 Markets Combined -
Monthly Average Cost and Weight, 1957-62
Slaughter Steers, Chicago -
Monthly Average Cost and Weight, 1957-62
Storage Holdings of Meats and Lard, May 31,


1962 .


466
469
469
469
470
471
471
472
475
474
480
475
476
477


478
478
479





MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Slaughter steers and heifers sold steady
to 250 higher for the week at midwest terminals.
Trends on slaughter cows were steady to 75#
higher. Feeder cattle and calves sold steady
to strong, instances 500 higher. Barrows and
gilts advanced $1.00-2.25 over the Corn Belt
under the influence of reduced numbers. Sows
were 50f-$2.00 higher. Sheep and lamb receipts
were rather small and slaughter lambs closed
50f-$1.00 higher for the week.

SLAUGHTER CATTLE AND CALVES Receipts
were fairly liberal on Monday and prices for
slaughter steers and heifers declined. Modest
marketing for the remainder of the week sparked
a rally that erased early declines. Nearly 50
percent of the twelve market salable supply
arrived for Monday's trade. The week's volume
of slaughter steers and heifers sold out of
first hands at the 7 markets totaled 111,684
compared with 111,772 the previous week and
126,514 a year earlier.
Slaughter steers and heifers ended up the
week steady to 250 higher. Heifers continued
to sell on par with comparable grade steers and
on occasions steers were purchased to fill
regular heifer orders. Continued small supplies
and a 25-500 higher carlot cow beef trade
pushed prices on slaughter cows to the highest
level of the year. Trends for the week
ranged from steady to 75f higher at terminal
markets. Bulls were steady to 500 higher and
vealers were unchanged.
Slaughter steers. Prime at Chicago sold
from $27.75-28.25, with high-Choice and mixed-
Choice and Prime 1150-1300# $26.25-27.50,
Choice 950-1500# $24.50-26.00, Good $22.75-
24.00. Only 6 percent of the steers at Chicago
graded Prime. At other midwest terminals
Choice with Prime end $25.25-26.00, bulk
Choice $24.00-25.25, Good $21.50-24.25.
Slaughter heifers: High-Choice and mixed -
Choice and Prime $25.50-25.75, bulk Choice
$25.75-25.25, Good $21.50-24.25.
Slaughter cows: Utility and Commercial
$15.00-18.00, Canner and Cutter $12.00-15.50.

FEEDER CATTLE AND CALVES Mid-June
marketing of feeder cattle and calves at mid-
west terminal markets were small to moderate
in volume and as usually is the case at this
time of year, over-all quality of the season-
ally limited supplies was considerably lower
than that which is seen during the height of
the fall marketing season. Good and Choice
grades predominated but very few were above
average Choice and a moderate percent of
supplies consisted of Medium and low-Good
kinds. Slaughter cattle prices have been high-
ly irregular but on the whole have trended low-
er during the past few weeks, but even so are


substantially higher than a year ago. Conse-
quently, there has been a fairly dependable de-
mand for cattle to immediately go into drylot
even though buyers generally have been inclined
to proceed cautiously. At the same time, al-
though nearly 25 percent of this year's normal
grazing season is already gone, there still
existed moderate demand for cattle to utilize
grass. Thus, trading was fairly active on the
limited numbers marketed with prices generally
steady to strong, instances 50# higher.
Feeder steers: Good and Choice 800-1050?
chiefly $22.00-24.50, few Choice around 800#
$24.75-25.00. Buyers purchased relatively few
over 1000# but at Sioux City a few loads of
mixed Good and Choice 944-1067# sold from
$23.50-24.25. Good and Choice 550-750# brought
$23.50-27.50, several loads Choice 575-600#
$28.00-29.00. Medium and mixed Medium and Good
550-750# ranged $18.00-24.00.
Feeder heifers: Good and Choice 525-700Q
largely $21.50-25.50, few loads mostly Choice
635-695# included at $23.25-24.25. Several
loads Good and Choice 724-763# sold from $25.00-
25.50.
Feeder calves: Choice 350-550# steers
bulked at $27.00-31.00. Two loads Choice 404#
reached $52.50 while Choice 514# sold at $30.00.
Good and mixed Good and Choice steers ranged
$24.00-29.00. Good and Choice 550-500# heifers
sold from $22.00-28.00.

HOGS Terminal markets Barrows and gilts
were $1.25-2.25 higher than the previous week's
close, sows 500-$2.00 higher. With the advance,
prices moved to the highest level since January.
The combination of short supplies and higher
dressed pork prices were the bullish factors.
The supply reduction came when several week as
of rainy weather subsided, and enabled farmers
to concentrate their efforts on field opera-
tfons. As a result, the movement of marketable
hogs reflected the smallest five-day run at the
twelve markets for any like period since last
September. Sows comprised between 7 and 17
percent of the run at most markets and 25 per-
cent at St. Paul.
Barrows and Gilts: U. S. 1-2, 190-24Q#
closed at $17.85-18.25, some sales to $18.50 at
Chicago and Indianapolis. No. 1-3, 190-24Q0
$17.50-18.00 and up to $18.25 at Indianapolis
and Sioux Falls.
Sows: U. S. 1-3, 270-400# $14.00-15.25
with selected lots U. S. 1-2, 270-500# $15.50-
16.00. No. 2-5, 400-550# $15.50-14.50.
Feeder pigs at St. Paul were fully 50#
higher with Choice 120-16C# selling at $15.50-
16.00. At Sioux City feeders were fully steady,
Good and Choice 150-170# bringing $14.00-15.25.
Interior Iowa-Southern Minnesota area re-
ceipta totaled 260,000 compared with 529,000








the preceding week and 295,000 in the like
period a year earlier. Ideal weather for field
work following a period of general rains was
a factor in curtailing the marketward movement.
Prices advanced substantially under the smaller
receipts and good demand. Barrows and gilts
were $1.00-1.50 higher, mostly $1.25 up, and
general levels reached the highest point since
early February. Sows were $1.00-1.40 higher,
highest since mid-March.
Barrows and gilts: On Friday, U. S. 1-3
200-240s brought '16.25-17.00, some sales No.
1-2 $17.00-17.25.
Sows: Most U. S. 1-3, 270-400' 413.75-
15.00, few No. 1-2 270-500C $14.75-15.50; No.
2-3 400-550C f12.25-14.50.
Interior Illinois Receipts at 97,400
head compared with 106,500 a week earlier ard
78,200 a year ago. Demand was good through-
out wee';. Barrows and gilts closed $1.25-1.50
higher than the previous Friday, sc-s 25-75#
higher.
Barrows and gilts: On Friday, U. S. 1-3
190-230C $16.75-17.50, mostly '17.00-17.50.
Small volume No. 1-2 200-230# 517.50-18.10. No.
1-3 220-240# $16.50-17.00.
Sows: U. S. 1-3 250-3550 $13.50-14.50;
No. 1-3 350-40MW 13.00-13.50; No. 2-3 400-
50oQ $12.00-13.00.

SHEEP AND LAMBS Receipts at the 12
markets totaled 74,000 head, compared with
79,500 the previous week and 79,400 a year ago.
Spring lambs predominated receipts at virtually
all terminals. Reduced marketing combined
with upturns on dressed lamb stimulated demand
and slaughter 2ambs sold 504-$3.00 higher.
Slaughter ewes steady to 50, lower. Feeder
lambs were in short supply, steady except 50#-
81.00 higher at Fort Worth.
Spring slaughter lambs: Choice and Prime
65-1135 $22.50-24.50, few consignments Prime
$25.00-2E.00 latter price at Chicago. Good and
Choice 80-105M 020.50-23.50.
C1d-crop slaughter lambs: Shorn, Choice,
few Prime, e5-108/ with No. 1-2 and 3 pelts
largely $19.50-21.50, Good and Choice 8C-111#
$17.00-20.50 including mixed lambs and yearlings
$18.00-20.50 at Omaha. Good end Choice 80-105#
old-crop lambs at Fort Worth mainly $15.00-16.50.
Slaughter ewes: Cull to Good shorn closed
mainly $3.00-6.00 including Good fat 130-170.7
ewes ~,.00-3.75.
Feeder lambs: Choice and Fancy 40-835#
spring lambs $16 .50-19.00, Fancy 82-8# $19.30-
19.40 at Denver. Good and Choice $12.00-16.50
with sales at Fort Worth $12.00-14.00. Good and
Choice 60-954 shorn old-crop feeders No. 1-2
pelts $10.00-15.00, load 516.50 at Denver.
Interior loe-Southern Minnesota area
sheep and lamb receipts totaled 12,600 head,
compared with 14,700 a week earlier. The
swing to spring slaughter lambs was virtually
accomplished as this class comprised near 75
percent of receipts. Demand for slaughter


lambs was good and late sales were strong to
mainly 50f higher than the previous week s
close. Slaughter ewes were steady.
Spring slaughter lambs: Choice and Prime
K0-105.7 22.[0-23.50 late, Good and Choice
~ 2.50-22.50, Good $19.50-21.50.
Old-crop slaughter lambs: Shorn, Good and
Choice e0-1157 with No. 1-3 pelts $18.00-19.50,
mainly Choice 100-105t $20.00.
Slaughter ewes: Cull to Good shorn $2.50-
4.50 but few Good fat wasty ewes around 1EC
$2.00.

RANGE AND FEEDLOT SALES

Note: Shrink on most range and feedlot sales
none to 5 percent, mostly 4 percent f.o.b. some
with short haul and 3 percent shrink. All
sales for immediate delivery unless specified.

ARIZONA, CALIFOR.IA, NEVADA A!.1 ULTAH -
Direct trade on slaughter steers and heifers
fairly active and mostly steady, instances 25#
lower in southern California and Arizona with
delivery dates current through July and a cou-
ple strings for fall delivery. Country trading
on feeder cattle and calves moderately active,
steady. Spring slaughter lambs moderately
active, steady with sales confirmed in Califor-
nia only.
Slaughter steers: California and Arizona,
6,500 Good to mostly Choice, 900-120C $226.00-
27.00; 4,700 Good and Choice 900-125C0
$25.00-26.00; 2,700 Good 900-1150W $25.C0-
25.00; 350 Standard 900-1050# $22.00-23.25.
Utah, 30 mostly Choice 1000-110,O $25.00; 40
Standard 1100/ $19.00.
Slaughter heifers: California and Arizona,
1,400 Good to mostly Choice, 750-1025? $25.00-
26.00, 460 Good and Choice 750-950# $24.50-
25.00. Utah, 40 Good and Choice $24.50.
Feeder cattle and calves: Steers, 575
Choice and Fancy 477-528# $25.25-26.50; 2,200
mostly Choice 600-7355 $24.50-25.25; 2,600
Good and Choice 500-900# $22.00-24.50; 200
Choice 800* $24.00-24.50. Heifers, 400 Choice
and Fancy 460-494# calves $24.00-24.50; 1,150
mostly Choice 600-680* $23.0C023.75 bulk to
Colorado; 125 Good and Choice 800 $22.25;
mixed steers and heifers, 640 Choice, 400-525#
steer calves $26.00-27.00, 375-500# heifer
calves $24.00-25.00; 40 Choice 500#, steers
$25.00, heifers $23.00 for September-October
delivery.
Spring lambs: About 11,000 Choice and
Prime 100-125# with No. 2 and 3 pelts $21.00-
22.00.

COLORADO, SOUTHERN WIOMING, WESTERN KANSAS
AND WESTERN NEBRASKA Trading on slaughter
steers and heifers was fairly active. Bulk
steer and heifer sales fully steady as compared
with close of previous week after limited nmm-
ber 25# lower early.
Slaughter steers Colorado, 100 high-








Choice 10DC0 $25.75; 50 average and high-Choice
1175# $25.50, f.o.b. loading point to West
Coast packer; 5,800 Choice 1000-1200? $24.50-
25.55, largely $24.75-25.25; 750 Choice 1200-
1275! $24.5O-25.00, all steers 4 percent shrink
and delivered to plants unless otherwise
stated; 200 Choice 1150-1250# $24.75-25.25,
f.o.b. loading point to West Coast packer; two
loads Choice 1250# $24.75, f.o.b. loading point
to Utah packer; 7)O high-Good and Choice
1000-125Q' $23.75-24.75, mostly $24.00 up; 275
Standard and Good 1000-115C0 $20.50-22.50, in-
cluding 1050-1100# Holsteins -2C.50O-20.75.
Slaughter heifers: Colorado, 300 Choice
900? Z25.35; 4,300 Choice 800-1000# $24.75-
25.25; 650 high-Good and Choice 800-950-
$25,3.5-24.75, all heifers 4 percent shrink and
majority delivered to packing plants; 3 loads
high-Good and Choice 850# C24.35, f.o.b. load-
ing point to Utah packer. Wyoming, load Choice
925# $24.50, f.o.b. loading point to West Coast
packer.
Feeders: limited volume feeder steers
fully steady; 700 Choice 750-910# steers in
Western Kansas ,23.00-24.0C, bulk 850# at
$23.50.

NEW MEXICO, WEST TEXAS, 'ESTER N OXIAHOIIA,
SOUTHWESTERN KANSAS Clovis Area Slaughter
steers and heifers rather slow, steady to weak.
Feeder classes extremely slow, few sales fully
steady. Spring slaughter lambs active, strong
to $1.00 higher; old-crop slaughter lambs
steady to strong; slaughter ewes 501-$1.00
higher; feeder spring lambs strong to 50
higher.
Slaughter steers: Several loads Good and
Choice 980-1175# $24.00-24.50, bulk Good 325.25-
23.85.
Slaughter heifers: Most Good and low-
Choice 750-800# $23.15-24.00.
Feeders: For immediate delivery, 650 head
Good and Choice 750# steers $25.00; 550
453-465# Good and Choice heifers $22.15-22.30.
Slaughter lambs and ewes: 1,800 70-40C
Good and Choice spring slaughter lambs $19.00-
20.50; 5,000 Good and Choice, including a few
Prime, 80-85# 721.50-22.00 at auction, 7,000
Cull to Good slaughter ewes $4.50-5.50.
Feeders: 10,000 Good and Choice 55-70#
spring feeders $13.00-16.00; 5,000 Good and
Choice 55-65# at auction 415.00-1c.50.
Amarillo Area Slaughter steers and heif-
ers moderately active, steers little changed,
but heifers steady to 25f higher. Feeder
cattle and calves slow, steady.
Slaughter cattle: Steers, 175 Good and
Choice, largely Good, 1080-117, #$23.00-24.25;
200 Good, Standard end, 900-15300# 22.00-22.75.
Heifers, 165 Good, Choice end, 815-960W
$22.50-23.75; 540 Good, Standard end, 650-750?p
$23.00-24.00; 40 Standard and Good 925-950#
$21.50.
Feeders: Irmmdiate delivery. 900 Choice


550-675# steers $25.00-25.75, 400 Choice 725#
$24.50; 100 Good, Medium end, 625# $24.00.
About 280 Good and Choice 550-625# heifers
$25.00-25.50; 2,100 Choice 275-550# calves,
steers $30.00, heifers $27.50-28.00.

OREGON AND WASHINGTON Spring slaughter
lambs active, 500-$1.00 higher with volume show-
ing a sharp seasonal increase. Slaughter
cattle slow, steady. Feeder cattle and calves
slow, mostly steady.
Slaughter steers: Washington, Choice 1050-
110?V $26.75, some for July delivery; Good and
Choice 975-1150# $25.50-26.00; Standard and
Good 975-11350 $22.50-22.75. Oregon, Good to
mostly Choice 29O% $27.00 delivered; Good to
mostly Choice 1050-1102W $26.00-26.50.
Slaughter heifers: Washington, mostly
Choice 925-900, $25.00, some June-late July
delivery. Oregon, Good to mostly Choice 900#
$25.00 delivered.
Feeder cattle and calves: Washington,
Choice 575# steers $26.00; Good and Choice
575-65C0 steers $25.00, heifers $23.00; Choice
800-825?, steers $25.00. Oregon, Choice calves
expected 400-45 f at October delivery, steers
$27.00, heifers $25.00; Choice 375,? for
";oveber, steers $27.00, heifers $24 .nO.
Spring slaughter lambs: Washington, Choice
and Prime 38E $24.00 delivered Denver; same
grades 90-100# $22.00-22.10 delivered 'Northwast
packers. Mostly Choice and Prime 95-98# $21.00.
Oregon, mostly Choice and Prime 85-9E5, $20.50-
21.60.
Wool: Oregon, Nedium wool steady; 75,rO0?
ranch flock bulk 5/8 and 1/4 mostly staple 50#
tc grower, some 51-52A delivered. Nevada,
350,n'yO-400,000# range wool. Good French and
Staple 51-5l_ f.o.b. Nevada loading point.
This included mostly Fine at 51 balance
mostly 3/8 and half with some Fine at 51#. Wool
prices per lb. grease basis.

MDNTANA AND NORTHERN ITD1ING Direct
trading very slow, limited sales at fully
steady prices, but confirmed volume any species
or class ins-fficient for accurate test.
Stock calves: Montana, 250 Choice, and
mixed Good and Choice for October, steers
$26.00-23.00, heifers $24.00-26.00.
Stock cows: Total of 500 Good 5-9-year-
old cows with calves at side $215.00-225.00 per
pair.
Sheep: Couple sales in northern Montana
totaling 1,600 Choice spring feeder lambs
$16.00 for fall delivery.
Wool: Very slow, as weather conditions
continue to delay shearing. Northern Wyoming,
clip of approximately 30,000#, bulk fine,
French Staple, extremely heavy shrinking
58.250, grease, f.o.b. Wyoming shipping point.
Confirmed: Stock calves 250. Cow and
calf pairs 500. Spring feeder lambs 1,600.
Wool 30,00C'.







WME I RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
-cattle a a s e a
Market June 16 l June 17 t June Jun6 June 17 June 16 June 17 June 16 t June 17
.2 1961 s 1962 1961 1962 1961 1962 1961
Chicago ....... 33,825 38,842 127 364 32,541 32,355 2,928 3,546
Denver ........ 7,817 9,445 25 43 5,412 4,650 4,276 5,594
Fort Worth .... 5,694 11,634 909 1,074 1,540 1,810 20,285 19,742
Indianapoli 7,755 7,214 393 927 28,952 26,365 1,822 1,711
Xansas City ... 15,077 18,722 389 374 17,720 20,410 6,637 5,986
Oklahoma City 6,625 7,992 945 505 2,645 2,211 2,602 2,621
3bha ......... 56,757 40,093 354 1,089 42,746 42,551 10,477 9,187
St. Joseph .... 15,945 16,075 221 365 23,471 25,885 7,064 8,796
St. LOuis NS3 14,715 14,841 1,510 1,597 45,712 49,501 5,600 4,112
Sioux City .... 26,018 26,775 1,462 1,205 55,055 56,153 4,281 6,768
Sioux Falls ... 9,551 10,546 36 53 14,654 15,401 5,737 4,510
So. St. Paul .. 9667 .31 2096 659_. 540 41,8_37__ 4_2_9__ _6,783__
Total ...*... 199,444 225.075 9,828 11,582 288,966 299,109 74,038 79,356
n- e i u le 92_ 09- _0,8 9 1 -9,805 29738 7- 545
ITEBRIOR IOMA AND SOUTHERN MINNESOTA June 16, 1962 June 9, 1962 June 17, 1961
Hogs ...... 260,000 529,000 295,000
Sheep ..... 12,600 14,700 14,300
INTERIOR ILLINOIS Hogs ...... 97,400 106,500 78,200

---------- ------ v. ---. v.. .........-- .------------........
FEDR CATTLE, AVEAGECOSr, WI ,A NUHBR
IWeek ended Month t Five months
bune 14 June 7 t June 15 May May s Jan.-May
196_ 1962 1961 1962- 1961 1 1962 1961
Steers 1001# p up .,.,, 333 570 402 1,651 3,087 9,413 15,600
901-1000 ........ 788 1,133 1,098 6,878 8,641 58,106 42,470
801-900 .......... 2,366 2,135 5,314 12,745 15,255 64,289 66,915
701-800 ......... 3,107 3,754 2,656 15,831 21,578 70,169 85,767
501-700 ......._ 4,975 6,264 6,070 39,811 44,901 198,091 229,195
Total steers 10 markets.... 11,569 13,656 13,540 76,914 91,460 380,068 459,947
Av. ****.. 752? 724# 7289 716- 7195 7154 714-1
Av. ot* .... $23.48 E23.62 $21.82 $23.91 822.44 $24.04 E2-3.82
Chicago *..... 22.80 23.62 22.03 23.72 22.22 23.45 ?2.97
0 Kansas City... 23.13 23.34 21.85 24.18 23.09 24.15 23.34
Omaha ........ 23.71 24.21 22.51 23.91 22.72 24.27 23.90
S. St. Paul... 21.77 22.03 21.78 21.90 20.85 21.76 21.63
Siou City.... 25.02 25.15 25.78 25.34 23.48 25.40 25.40
D Wer ....... 25.24 23.22 21.98 22.92 22.61 24.05 24.68
Ft. Worth .... 23.21 22.95 20.60 23.37 21.43 23.43 22.72
SOklahoma City. 22.77 22.69 21.57 23.10 21.56 23.63 22.85
0 S. St. Joseph. 23.85 23.82 22.24 24.15 25.52 24.11 23.91
SSt. Louis SY. 22.84 25.15 21.26 25.79 22.15 23.44 22.75
Total calves 10 markets.. 5,546 5,523 6,612 28,143 34,752 177,228 197,561
heifers *..* 2,249 1,628 1,867 17,441 13,166 69,206 63,567
S" 592 458 386 -36 2,670 12160 -14.175 -
a Not adjusted far differences in grade of cattle sold at each market.

ESTIMATED PERCENT OF FEEDER CATTLE AND SLAUGHTER COWS IN SALABLE RECEIPTS
Week ended Chi-lan.s 'S. St St. i Siou S.St. Indian- Den- Ft. Okla.Vich-' San
Week ended 'cgo' a llSJoseph City 'Paul apolis ver tWorth City 'ita Antonio
-I -citz -2 -
Feeders
June 15, 1962 2 50 7 7 8 20 8 5 6 70 65 17 70
June 8, 1962 1 28 8 8 9 23 8 8 5 70 60 18 60
June 16, 1961 1 50 8 10 9 18 5 5 5 65 58 30 60
Slaughter caOm
June 15, 1962 4 14 7 6 9 6 15 10 13 15 10 13 16
June 8, 1962 4 10 7 7 10 6 15 9 15 15 135 16 25
June 16, 1961 2 8 8 5 9 5 18 11 10 24 12 15 12







STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER Vi

S Number of head Percent of total Average weight Average price in
Number of head by grades (pounds) "dollars per 100 lb.
Grade --
:S Week ended
: Ju -- e"1 -:- ne 1': June "14: June 15 : June 14" June 15 : June 14 1 June 15
-- -- 1962 : 196L : 196. _-_ 9!. :- 1962 :-- 1961 .: 1962 -:_ 119L63 ,
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.....


T)i.9


3,880
19,905 6
5,536 2
845

530
30,696


1,636
17,579
6,476
882

240
26,613

65
10,160
11,111
1,064
56
22,436


9,185
5,168
569
100
15,022

29,
2,8574
2,574
221


5-681


9,02:


I.


969
4,794
990

298
7,051


45
49
4




61
34
50






5C
3


6
5;
'4
5


26.9
64.7
7.1

1.3


15.7
68.0
14.0

4.5


1,100
1,000
987

917
1,025


.1 12.6 1,246
.5 64.8 1,178
1.4 18.0 1,089
5.3 2.8 1,079

.9 1.8 1,026
1,156
OMAHA
.3 .5 1,242
.5 53.8 1,154
.5 36.4 1,087
.7 8.1 1,100
.2 1.2 994
1,118
SIOUX CITY

.1 52.2 1,149
.4 37.9 1,078
.8 9.4 1,061
.7 -- 1,015
1,120

.5 .2 1,199
1.3 45.9 1,125
.3 47.9 1,018
.9 5.3 1,032

-- .7 --
.71.07
. LUIS 1,07
r7 -oUIS' Ns ~~ "" ~


25.05
25.36
21.15

19.01
23.64


22.64
21.38
20.06

18.83
21.28


1,042
1,048
937

966
1,028


-mm- -m ---9. m --ST sR- -


Choice......... 4,990 4,101 57.2 45.9 1,126 1,159 24.60 21.99
Good........... 3,444 4,356 39.4 48.7 1,054 1,109 23.49 21.08
Standard....... 297 484 3.4 5.4 1,116 1,071 20.52 18.87
Utility ........ -- -- .. -
All grades..... 8,751 8,941 1,097 1,150 24.04 21.59


Prime.......... -- -- -- -
Choice......... 2,761 4,182 79.4 79.0 1,145 1,170 24.80 22.16
Good........... 704 1,051 20.2 19.8 1,090 1,129 2.534 21.55
Standard....... 14 63 .4 1.2 1,142 1,009 19.12 18.68
Utility........ ..- .. ..
All grades..... 3,479 5,296 1,133 1,160 24 A9 21.96

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


11,180
7,581
1,677
247
20,791

5o
7,409
5,381
1,340

.14.180

21
4,144
4,315
474

67


1,874
4,502
492

91
6,959


1,245 27.04 25.51
1,198 25.02 22.29
1,143 23.78 21.42
1,048 21.553 20.05

1,042 19.57 18.94
1,187 24.71 22.17

1,147 25.25 22.70
1,170 24.46 21.68
1,108 25.58 20.80
1,122 20.68 18.95
1,011 18.94 17.95
1,141 25, 7 21.11

1,032 25.530
1,166 24.56 21.76
1,164 25.18 20.85
1,069 20.57 18.87
-- 19.15 -
_1156 23.80 21.16

1,062 25.48 22.76
1,114 24.54 22.14
1,066 23.46 21.30
1,031 20.54 19.01

1,009 -- 17.47
1,086 23.92 21.56







WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS
Cattle Calves : Hos Sheep and lambs
City or Area June 16 June 17 June 16 June 17 June 16. June 17 June 16 June 17
---------------- 1962 1961 1962 1961 : 1962 1961 1962 2 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 .........
Loall', Evan'l.Nash'l. Mphts ..
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 ......................


. 12,761 12,865 10,031 10,853 36,710 59,780 33,35'X 39,027
. 8,927 8,270 2,155 2,088 30,653 27,276 3,386 4,1Z1
22,796 20,048 3,656 4,306 121,657 107,097 11,949 16,009
. 18,584 18,625 5,458 4,362 47,304 37,390 12,690 6,899
24,957 29,888 9,175 10,527 84,625 91,281 8,046 10,503
12,210 12,105 1,676 1,596 73,567 70,769 5,068 5,252
3 51,792 30,410 -- 84,469 32,454 9,3510 12,042
. 40,522 42,272 126 97 72,821 77,708 12,568 14,084
15,201 17,515 -- -- 31,862 31,470 --
. 37,042 37,002 6,477 6,391 231,122 245,051 25,095 32,366
. 6,642 7,277 2,781 3,071 51,579 48,777 -
. 10,276 9,439 3,557 5,279 23,820 22,671 -
. 20,770 19,767 854 753 43,360 43,717 8,986 11,977
. 10,678 14,234 3,954 3,975 14,850 13,630 39,589 45,458
. 26,814 23,598 107 110 16,567 15,579 21,846 25,108
. 26,729 27,427 2,578 1,679 28,926 29,974 53,-4" 40,619
8,818 8,814 182 216 18,522 16,020 10,456 13,062
S335,519 52,747 1,012,434 2 5,136
339,554 55,305 1,011',644 27-,227


Accumulation to date .......7,501,155 1,428,166 27,470,300 6,219,596
7,359,594 1,491,392 26,396,733 6,449,769



ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION

Beef Veal Lexcl.- a u Total : Total
W- -e e-- -- -ei a and mutton Total Total
Week ended .PNrm N- t : N --um- e : P Num- : meat 2 lard
ber Prod. : ber : br : ber pod. prod.
1- mil. lb_ o -0.1. 0O i.. l.Ib. 1,000 mil.lb.nil.b ."Jil.7b.


June
June
May
June


1962 .......
1962 .......
1961 .....
1961 ,/....


248.0
253.6

250.5


10.8
10.2

10.9


1,190
1,315
1,269
1,167


170.4
185.3

166.7


11.5
12.2

13.4


440.7
461.9

441.5


40.8
41.5


Percentage change from:
June 9, 1962 ....... -1 -2 6 6 -10 -8 -4 -6 -5 -
June 17, 1961 ....... -1 -1 1 -1 2 2 -13 -14 0 --
------------ Ave-rage _igh_(Ib)- :___ Lard

Week ended Cattle Calves H ogs and s yield
SLive Dressed Live Dressed Lie Dressed; pe
Live .Dressed. Live .Dressed. Live .Dresed_ Live .Dressed 100 lb.


16, 1962 ....... 1035
9, 1962 ....... 1045
86, 1962 ....... 1050
17, 1961 ....... 1039


I/ Actual slaughter. 2/ Excludes lard.


June
June
May
June


14.2








CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
S: North
Chicago Kansas City Omaha Denver I Portland
*
ClassificatJune June June June June June Jne June June June
16 17 16 17 16 17 16 17 16 17
1962 1961 1962 1961 1962 1961 1962 )1961 1962 1961
- t- : -


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


26.40
27.15
25.15
25.40
25.28
21.15


700-900# 24.58
600-800 --
20.40


17.00
16.42
16.05
14.48


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 3 0-500#
Heifer 300-500#
Fancy
Choice
Good


23.85
23.60
22.82
22.30
21.45
20.22


22.98

19.50


16.50
16.62
16.50
15.25


25.10
24.78
23.55
20.70


24.60
22.60
19.50


16.88
16.10
14.75
13.50


22.75
22.58
21.45
19.25


22.68
21.42
19.00


17.25
16.58
15.75
14.88


26.08
26.08
25.08
25.05
22.90
20.50


25.08
22.75
20.00


17.22
16.40
15.20
14.02


25.38
23.12
22.38
22.12
20.88
19.00


22.65
21.12
19.00


16.92
16.38
15.75
14.88


24.80
24.55
22.05



24.72





16.12
15.00
13.75


22.52
22.22
20.45
18.50


25.00
20.78
18.25



16.95
16.00
14.50


26.50
26.25
25.00
22.75


25.50
24.58
21.25


16.00
15.50
13.50
12.00


20.00 19.30 17.85 18.00 18.25 19.25 -- -- 19.75
19.50 19.80 18.50 18.38 18.50 19.12 18.62 19.50 19.75


23.00
21.25
18.25


27.00
24.50
20.00


25.00
21.25
18.50


27.50
24.00
20.00


27.00
24.75
21.75


28.00
24.75
21.50


26.50
25.50
25.50


25.88
22.88
22.62
20.25


22.88
21.25
18.50


15.25
14.50
15.50
12.25



20.75


25.00
25.00
20.00


Feeder cattle and calves


26.50
24.00


27.12
26.22
24.58


25.72
25.15


26.88
24.50


-- -- 23.88 25.55 24.88
-- -- 21.88 20.75* 22.50


- 30.00 -"
-- 29.00) 27.65
25.38)


26.12
23.50


23.50
19.75*


51.75 -
29.25) 28.25
25.25)


-- 27.00 "- 28.25 "-
-- 24.75) 24.90 26.00) 26.00
-- 22.00) 23.50)


25.50
22.75


-- 25.75
-- 20.50*



--m
-- 29.25



-- 27.50


*Medium and Good.
























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HOGSt AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES i/
s s-- T s t 2 Eight
: Louis I Kansas Sioux 'S. St. S. St.'Indian-' ikts.
Week ended sChicago: Nat'l.s City Omaha City Joseph Paul apolis I com-
I : Stock : t bined
I : Yards s : I s t s s
AVERAGE COST Dollars per 100 pounds


Barrows June 16, 1962 16.51
and June 9, 1962 15.67
gilts June 17, 1961 16.42
June 16, 1962 15.50
Sows June 9, 1962 13.19
June 17..1961 13.33
AVERAGE WEIGHT -
Barrows June 16, 1962 259
and June 9, 1962 241
gilts June 17,_ 1961 240
June 16, 1962 443
Sows June 9, 1962 440
June 17, 1961 437
NUMBER OF HEAD -
Barrows June 16, 1962 23755
and June 9, 1962 50485
gilts June 17, 1961 23760
June 16, 1962 5407
Sows June 9, 1962 4426
June 17, 1961 4673
SOWS -


June 16,
June 9,
June 17,


1962
1962
1961


16.64 16.60 16.66 16.56 16.55
15.92 15.57 15.55 15.49 15.39
16.74 16.25 16.56 16.23 16.52
13.72 13.74 15.94 135.94 15.73
13.35 13.40 15.31 15.10 13.34
13.80 15.70 14.03 15.85 13.91
Pounds
224 254 241 245 238
225 237 241 241 235
220 253 241 242 235
435 425 415 599 427
425 425 416 410 415
432 440 407 598 410


40096 15810 33899 27793
48057 17530 40590 34987
43587 18192 32033 28600
3290 1184 6474 5555
3565 1221 7128 6112
3354 1480 7960 5917
Percentage of total
8 7 16 17
7 7 15 15
7 8 20 17


21042
26101
22216
1821
2528
2451

8
8
10


16.32 16.84 16.59
15.49 16.15 15.64
15.90 16.77 16.59
13.64 13.51 13.72
13.50 15.34 15.27
13.88 13.51 135.77


241
258
245
591
592
580


255
251
229
462
460
468


236
236
235
417
418
412


23846 24104 210345
25455 23557 244522
24462 21067 213917
7768 3040 32519
7095 2945 34818
9416 55364 38615

25 11 13
25 11 12
28 16 15


1/ 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 l/ Hog prices 2/ 1 Gross spread
or margin 3/
June 16, 1962 ............ $18.42 $17.15 $1.27
June 9, 1962 ............ 17.67 16.40 1.27
June 17, 1961 ............ 18.57 17.50 1.07
I/ Value of all edible products, fresh basis (lard rendered) in 100 lb. of live
hog computed from wholesale prices on carlot basis, Chicago, reported by National
Provisioner daily market report.
2/ Mean of daily quotations on U. S. No. 1,2 and 3 hogs, 200-220# wt. Chicago.
3/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
: Barrows and. Corn 2/ t Hog-corn
Week ended gilts 1/ s No.3 yellow t price ratio
: Dollars per : Cents per based on
: 100 pounds l bushel : barrows and gilts


June 16, 1962 .......... 16.51
June 9, 1962 .......... 15.67
June 17, 1961 .......... 16.42
I/ Weighted average. 2/ Simple average.


113.5
114.2
111.3


14.6
13.7
14.8





BOSTON WOOL MARKET REVIEW


Supplies of greasy domestic worsted wools
in the Boston market continued small. There was
a good-demand for spot 54s fleeces but supply
was restricted. Prices held steady. A limited
supply of scoured pulled wools sold at firm
rates and small lots of noils held steady.
Range sales included small lots in the
Territory states and 12 months wool buying in
Texas. Although heavy rain delayed shearing in
parts of the fleece states, there were occa-
sional sales of medium fleeces at steady prices.
The Australian auction at Adelaide was
firm with Japan, England, the Continent and
local industry active and competition keen. Se-
lection was poor. Approximately 14,000 bales
will be offered at Auckland, New Zealand June
15. The Cape markets were closed for the sea-
son. A firm trend prevailed on coarse wools
in Buenos Aires.
The Crop Reporting Board of the U. S.
Department of Agriculture announced the average
)ricF received by farmers for wool on May 15,
1962 was 46.30 per grease pound compared to
45.0 April 15, 1962 and 42.50 May 15, 1361.
The U. S. Department of Commerce announced
that the production of woolen and worsted fab-
rics during the first quarter, January-March,
19~2 amounted to 75.5 million finished linear
yards. This compared to the October-December,
1961 production of 68.9 million linear yards.
The January-March, 1961 production was 62.9
million linear yards.
Fleece~Wools--~Graded 1 :/2s staple fleeces
sold on a core test at 41.13 clean basis, de-
'ivered East. Country buyers were paying mostly
50-520 to growers for medium wools.
Territory Wools Original bag, bulk fine
and half-blood wool, mostly good French combing
and staple, sold from 47-52; grease basis, F.O.B.
and was estimated to cost clean from $1.15-
1.18, delivered. Recent range sales included
about a car of bulk fine 12 months Territory
wool at 48-535 grease basis and was estimated
from $1.30-1.35 clean basis delivered while a
small car of short fine scouring wools at 39-42:
grease basis, F.O.B., cost around .1.05 clean
basis, delivered. Oregon 65', 't medium grade
good French and staple Valley Ranch wools mostly
50 to the growers estimated around 93-980
clean basis, delivered East. Wyoming 3'', )-
original bag bulk fine, good French and staple
35.25; grease basis F.O.B. estimated to cost
clean around $1.205 delivered. Colorado 5-, )
original bag bulk fine and half, good French
and staple 50/ grease basis estimated around
41.17 clean and 3,400, graded 1/4 blood good
French and staple 41.06 clean basis, delivered.
California 4:,',' original bag 58/60s short
French and clothing lambs wool at 355 grease
basis, F.O.B. cost around 920/3?; clean basis,
delivered East.
Texas Wools Some defective 12 months
wools were purchased around .1.25, good 12
months at $1.28/41.29 and some 12 months Texas
wool sold up to $1.35 clean basis, delivered
East. Range sales this week include 75,000
pounds of original bag farm flock wools of


64/70s, 60/62s and 56/58s at 43/ to 480 F.O.B.
and were estimated to cost $1.15-1.275 for
fine, $1.04-1.16 for half and 92/ to $1.02
for 5/8s clean basis, delivered.
Mohair Spring adult mohair sold at 61k
to the warehouse while some contracting of
fall hair was at 56A. The mohair trade in
Boston was rather dull limited to kid tops
sold for worsted consumption.
Foreign W.ols Supplies were limited at
firm prices.

;inte 'ideo S. .er Skirted U1ol:


60/64s 1. -1.08
60s 1.03-1.05
60/58s .93-1.01


58/56s $.97-.99
56/50s .96-.98
50s .94-.96


Carpet Wools Trade in spot carpet wools
was dull. Greasy Buenos Aires carpet fleeces
were quoted at 72-74-, November 2nd clips at
85-67;, E.arch at 62-64/ and 36/40s lambs wool
at 62-63;. Greasy New Zealand fleeces at
33-7C0;, '" style second shear at 66' and
702/3 crutchings at all clean wool fibers
for shipment. A washed pulled light fawn
lortuguese carpet wool was offered for ship-
ment at 6S;;, clean fibers present.
Woolen Wools Sales follow:

Sc:-r ref ...1 ,:< Donestic
56/59s '1'-2-" Ch. Wh. $1.12
Noils
Clear Aust. 64s nobles 87;
Good Aust. 64s lister -: -,1.00
Good Aust. 34s French 600
Clear Cape 64/70s Schlums
Semi-clear Acst. 64s 600
Semi-clear L.A. 64s 58.
Good N.Z. X-bred nobles 724
Scoured Pulled Foreign
Aust. 58/60s ave. 1" Wh $1.01 for shipment
N.Z. ave. style 56s ave. 2" ave. color $1.09
Sc:..red Sh3' rn For'i2n
Aust. 60/64s Lox pieces 82{ for shipment
o :L T p5 Trade in wool tops rather
dull with prices about steady. Territory dry-
combed 54s tops sold for future delivery at
1l.50.
Warp Aust. D/C Warp Dom. D/C
70s 1. .1
64s 1.87 1.82
62s 1.80 1.75
60s 1.73 1.67
58/60s 1.63 Nominal 1.57
Oil-combed Territory Fleece
58/-:s I. : Nom. $1.55 --
56s -- 1.52 $1.49
50/56s -- 1.50 1.45
48/50s -- -
CLOSING FUTURES QUOTATIONS June 14, 1962
Furnished by the Wool Associates of the New York
cotton Exchange)
July wool tops ,1.640B July Wool $1.1r-.T
October wool tops 1.620B October Wool-l.230T






WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEW

EASTERN SEABOARD Steer carcass prices
were 500-$1.50 lower, major portion $1.00 off;
cow beef strong to 50 higher, and veal was
steady to $1.00 up. Spring lamb prices were
$1.00-2.00 higher at most market centers, ex-
cept Baltimore where advances were $2.00-4.00.
Pork loins sold strong to $2.00 higher, however,
at Washington loins were $4.00 higher at the
close. Along the Eastern Seaboard prices were
strong to $4.00 up for spareribs; Boston butts
steady to $1.00 higher and fresh skinned hams
steady to $2.00 up.
At New York prices were $1.00-2.00 lower
on kosher steer forequarters; veal and calf
$1.00 off. Kosher dressed spring lamb sold
$2.00-3.00 higher than a week ago.
Steer beef supply was normal; other classes
moderate. Trading was rather slow for steer
beef. Carcasses and cuts moved slowly at New
York and retailer demand was poor for arm chucks
at Philadelphia. Outlet was good for cow beef
and veal. Lamb trade was generally fairly
active. However, at New York the trade rather
slow on lamb and a fair percentage of product
moved out as cuts. Demand was fairly broad for
pork as most accounts were aggressive. Small
lots of steer beef went unsold at Washington
and New York, otherwise clearances were normal
for other classes of fresh meats.

CHICAGO Steer beef mostly 50# lower,
heifer steady to 500 lower, veal steady, spring
lamb 500-$1.00 higher, pork loins 8-16# $2.50-
3.50 higher, Boston butts 4-8# 500 higher,
spareribs 3# down $2.00-2.50 higher.
Steer and heifer beef and fresh pork were
available in normal supply with Good to average-
Choice mainly featured in beef. Veal and spring
lamb offerings were only moderate, 35-55# car-
casses comprising bulk of lamb supply.
In the beef division it was hindquarters,
loins and particularly rounds that were most
wanted items. Forequarters and equivalent cuts
were slow along with carcasses, arm and square-
cut chucks falling off as much as $2.00. Rib
trade showed only slight improvement late but
it was reduced forequarter cutting that bol-
stered prices. Veal trade ruled moderately
active and prices again went unchanged. Moder-
ate demand prevailed for spring lamb, upturn
also reflecting sharply higher replacements
late last week and during the current period.
Most cuts found adequate outlets except legs
which were on the slow side. Fair demand for
fresh pork sent all quoted cuts to higher levels,
loins highest since February 9 this year.


PACIFIC COAST Inshipment of western
and mid-western beef continued as a bearish
factor in the far western market. Steer and
heifer beef sold steady to 500 lower, mostly
steady in San Francisco, Standard and Good
grades steady to $1.00 lower in Portland and
Seattle. Cow beef was steady to $1.00 lower,
mostly steady in San Francisco. Veal and
calf moved at steady levels except calf over
3OC sold $1.00 lower in Los Angeles and veal
weak to $3.00 lower in the Northwest. Spring
lamb in California firm, instances 506 to
$1.00 higher, mostly 500 higher in Portland
and Seattle. Pork items were firm to $2.00
higher, other than fresh loins $2.50-5.00
higher in Los Angeles, spareribs and loins
firm to $4.00 higher in San Francisco. Most
meats sold fairly active. Supplies near
normal on most classes. However, volume of
spring lamb and calf was moderate in South-
ern California while supplies of Standard and
Good beef were above normal in the Pacific
Northwest.

CARLOT MEAT TRADE REVIEW

CHICAGO, DENVER, OMAHA, NEW YORK AND
PHILADELPHIA Trading was slow early in the
week for near normal supplies of-steer and
heifer beef and prices generally pointed
lower. The action improved somewhat late,
and part of the early decline was erased.
Steer and heifer beef closed steady to 500
lower, with Good grade steer beef showing the
full decline. Cow beef advanced for the
third straight week as supplies were below
normal and demand was rather broad. Cow
beef was mostly 25-500 higher except at
Denver where prices were $1.00-1.25 up.
Clearance was complete on all classes.
Carcass lamb continued to find a ready
outlet this week as demand was good and
higher trends were noted at all major whole-
sale centers. Spring carcass lamb sold fully
steady to mostly $1.00 higher and old crop
carcass lamb closed strong to $1.00 higher
at Denver. Clearance was complete.
Pork supplies were substantially below
the previous week, demand was broad and
prices were generally higher on all pork
products and pork carcasses. Pork loins
were $2.50-4.00 higher, pork butts steady
to 250 higher, fresh hams 500-$2.00, mostly
$1.00-2.00 up and pork bellies were mostly
$1.00-3.00 up at Chicago. Hog sides closed
strong to 150 higher at New York and were
steady to 500 advanced at Philadelphia.
Clearance was generally complete.








O1DLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS
Weekly average of daily quotations in dollars per 100 pounds
N: ew York = Chicago San Francisco Los Angeles
Classification : a :
iJane R JTmuFelTsJQ;e ST hgeieTt JwewM June-17t dNnF eT 61Je17
t 1962- 1961 1962 1 1961 t 1962 : 1961 1 1962 1 1961
Steer beef -
Prime 700-800# 46.20 42.65 .. -. /
Choice 600-700 44.20 40.20 41.88 58.25 4400o 39.00 58.58


Good

Heifer beef -
Choice


700-800
500-600
600-700

500-600k
600-700


Good 500-600
Veal -
Prime 90-120#
Choice 90-120
Good 90-120
Spring lamb -
Prime 45-55#
Choice 45-55
Fresh pork -
Loins 8-12
Butts 4-8
Spareribs 5# down
Hams, smk. skd. -
Cook before eating 12-16#
Fully cooked 10-14i#
Bacon, smoked, sliced -
1# package (box lots)
Picnics, smoked (Cook
before eating) 4-8#
Lard, 1# carton


45.45
41.50
41.75


59.50
51.00
47.00


58.60
57.80
37.70


58.20
48.20
44.70


41.38
40.58
40.12

41.75
41.75
59.81

55.00
50.00
46.00


56.25
56.00
36.00

57.75
37.75
56.00

55.25
48.25
45.25


45.12
45.50
43.00

45.50
45.50
42.00



55.00
..
55.00


57.25
58.50
57.00

38.50





51.00


52.00 40.50 50.75 39.50 44.38 57.50
52.00 40.50 50.75 59.50 44.38 57.50


46.10
54.20
45.45

45.50
45.50


45.50
34.40
46.50
44.00
45.25


43.95
50.75
45.19


41.19
51.75
44.58


48.25
59.00
48.00


46.25
59.75
49.00


-- 45.25 50.00 45.25
49.00 47.50 -- -


50.00 50.50 51.50 54.25 54.50 56.00

50.00 52.00 55.25 55.75 52.00 34.25
15.50 15.50 14.58 14.12 17.50 18.00


56.72
37.58
56.62

57.88
56.66
56.88


58.50
58.50

45.50
56.00
46.12
45.12


51.12

55.00
16.75


1/ Not available. BULK PRICES CAHLOT BASIS WEEK ENDED JUNE 15, 1962
s ~ T ~ ~ e o'oB -- --- Frc dl r d"
Classification e5 ~-- ~-s r Fe r~T s I d1 ea
STierr &Bef-- -- -- -- -- --- -- -- -- -- -- -- -- -- ----- --- 1q


Good


Heifer beef -
Choice

Good


Cow beef All weigh
Utility
Canner and Cutter
Spring lamb -
Prime 55-4
45-i
55-4
Choice 35-'
45-!
55-4
Fresh pork -
Loins 8-


40.00-40.25
59.50-59.75
39.00
58.00-58.50
38.00-38.50
58.00-58.50

59.75-40.00
59.75-40.00
58.00
58.00

50.25-51.25
50.25-51.50

48.00-48.50
48.00-48.50
48.00-48.50
48.00-48.50
48.00-48.50
48.00-48.50


58.50-59.50
58.00-59.50
57.50-58.00

56.00-38.00
56.00-58.00

59.00
59.00



50.00-50.25


46.00-47.00
46.00-47.00
46.00-47.00
46.00-47.00
46.00-47.00
46.00-47.00


59.00-59.50
58.50-59.25
58.50

57.50-38.50
56.25-57.50

39.00-59.25
59.00-59.25
57.25-57.50
57.25-57.50

50.25-50.50
50.25-50.75

47.50
47.50
47.50
47.50
47.50
47.50


41.50-42.00
41.00-41.50
40.50-41.00
58.50-40.50
58.50-41.00
58.50-41.00


41.50-42.00
41.00-41.75
40.50-41.00

59.50-41.00
59.00-40.50


-- 41.00-41.50
-- 41.00-41.50.



-- 52.00-55.00
-- 51.50-52.00


50.00-52.00
49.50-51.00

50.00-52.00
49.50-51.00


51.00-52.00
50.00-51.00

51.00-52.00
50.00-51.00


I2# 41.50-42.50 -- 40.75-42.25 -- 45.00-44.00


Choice


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

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


its -


45#
55
65
45
55
65


- - -






MONTHLY AVERAGE PRICE I/- SLAUGHTER STEERS CHICAGO
CHOICE GRADE
Year : Jan. : Feb. : Mar. : Apr.: May :June : July : Aug. : Sept: Oct.: Nov.: Dec.: Av.
Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol.
1957 ... 21.25 20.57 21.86 22.99 253.31 25.48 25.12 25.63 24.98 24.67 25.20 25.98 23.85
1958 ... 26.82 27.54 29.90 29.37 28.85 28.07 26.99 26.11 26.70 26.67 26.77 27.19 27.42
1959 ... 28.13 27.85 29.11 50.33 29.34 28.48 27.89 27.56 27.62 27.19 26.55 25.57 27.85
1960 ... 26.42 26.69 28.08 27.76 27.45 26.04 25.64 25.07 24.80 24.94 26.08 26.86 26.24
1961 ... 27.42 26.17 25.70 25.05 25.43 22.45 22.38 24.15 24.34 24.55 25.58 26.15 24.65
1962 ... 26.59 26.76 27.51 27.45 26.02
ALL GRADES

1957 ... 20.94 20.28 21.36 22.61 22.85 25.07 24.76 25.45 24.84 24.48 25.06 25.74 25.48
1958 ... 26.31 26.65 28.28 28.59 28.27 27.67 26.75 25.91 26.65 26.70 26.79 27.01 27.09
1959 ... 27.81 27.44 28.22 29.32 28.82 28.15 27.61 27.36 27.48 27.06 26.51 25.26 27.55
1960 ... 26.10 26.537 27.40 27.13 26.75 25.58 25.30 24.75 24.62 24,85 26.00 26.61 25.95
1961 ... 27.02 25.84 25.553 24.75 25.09 22.50 22.25 24.01 24.21 24.46 25.44 25.84 24.46
1962 ... 25.90 26.04 26.65 26.80 25.62
MONTHLY AVERAGE WEIGHT 1/ SLAUGHTER STEERS CHICAGO
CfOICE GRADE
Year : Jan.: Feb. : Mar. : Apr.: May : June : July : Aug. : Sept.: Oct.: Nov. : Dec.- Av.
Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb.
1957....1,176 1,199 1,196 1,178 1,180 1,181 1,154 1,140 1,141 1,142 1,158 1,158 1,162
1958 ...1,157 1,165 1,172 1,157 1,156 1,166 1,165 1,164 1,156 1,165 1,174 1,192 1,166
1959 ...1,209 1,209 1,211 1,199 1,201 1,195 1,196 1,187 1,180 1,160 1,159 1,165 1,187
1960 ...1,191 1,196 1,208 1,186 1,188 1,180 1,186 1,180 1,172 1,165 1,167 1,173 1,185
1961 ...1,180 1,180 1,195 1,200 1,204 1,207 1,209 1,199 1,173 1,174 1,161 1,166 1,188
1962 ...1,169 1,170 1,173 1,184 1,182
ALL GRADES
1967 .. 1,148 1,157 1,151 1,143 1,140 1,156 1,120 1,124 1,126 1,151 1,138 1,141 1,1357
1958 .. 1,141 1,129 1,114 1,118 1,119 1,132 1,158 1,143 1,145 1,161 1,175 1,190 1,144
1959 .. 1,194 1,187 1,168 1,149 1,162 1,165 1,166 1,163 1,158 1,151 1,152 1,158 1,164
1960 .. 1,176 1,174 1,169 1,150 1,150 1,150 1,158 1,153 1,152 1,155 1,164 1,166 1,160
1961 .. 1,180 1,172 1,177 1,177 1,176 1,190 1,190 1,173 1,156 1,168 1,155 1,156 1,173
1962 .. 1,155 1,147 1,142 1,147 1,154


Year : Jan. : Feb. :
Dol. Dol.
1957 .. 17.89 17.16 1
1958 .. 19.26 20.16 2
1959 .. 16.63 15.65 1
1960 .. 12.65 13.56 1
1961 .. 17.355 18.15 3
1962 .. 16.98 16.69 ]


MONTHLY AVERAGE COST I/ BARROWS AND GILTS 8 MARKETS COMBINED 2/
- - ~ = m --- - -- -- = m a
Mar. : Apr. : May : June : July : Aug. : Sept. : Oct. : Nov.: Dec. : Av.
Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol.
L7.25 17.95 18.24 19.65 20.79 21.27 19.34 17.20 17.01 18.45 18.29
21.20 20.64 22.05 22.97 23.12 21.355 20.42 18.88 18.15 17.86 20.25
L5.89 16.09 16.09 15.91 14.40 14.65 15.81 13.11 12.61 11.86 14.64
L5.55 15.96 16.05 16.88 17.74 16.91 16.59 17.50 17.56 17.27 15.96
L7.53 17.04 16.37 16.60 17.87 18.553 18.18 16.85 15.97 16.70 17.16
16.31 15.81 15.51


MONTHLY AVERAGE WEIGHT 1/ BARROWS AND GIIIS 8 MARKETS COMBINED 2/
Year : Jan. : Feb. : Mar. : Apr. : May : June : July : Aug. :Sept. : Oct.: Nov.: Dec.: Av.
Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. lb. Lb. Lb. Lb. Lb.
1957 .. 232 229 250 230 230 226 215 208 210 218 225 229 224
1958 .. 232 228 229 2553 234 229 219 214 218 224 250 255 227
1959 .. 238 252 229 232 231 229 221 216 218 224 228 250 228
1960 .. 252 228 229 232 254 252 228 225 222 225 251 252 229
1961 .. 236 232 231 256 258 234 225 219 219 224 228 250 250
1962 .. 234 231 231 254 255
/ Weighted average. 2/ Eight markets include Chicago, Indianapolis, Kansas City, Omaha,
St. Louis National Stock'Yards, Sioux City, South St. Joseph, and South St. Paul.







COLD STORAGE HOLDINGS OF MEATS AND lARD, MAY 31, 1962

Red meats totaled 583 million pounds on June 1, up 4 million pounds from a month
earlier. This increase compared with a decline of 6 million pounds during May 1961
and the average decline of 18 million. These stocks were 11 percent above those of
June 1, 1961, and 5 percent above the 5-year average. Declines in beef were more
than offset by increases in pork products and canned meat items. Stocks of cooler
and freezer beef at 142 million pounds declined 21 million pounds during May, com-
pared with a 500 thousand pound decline a year earlier and the 5-year average decline
of 7 million. Total pork holdings increased 22 million pounds in contrast to a 1
million pound decline during May 1961 and the average reduction of 10 million pounds.
Frozen pork accounted for the entire 22 million pound increase while cooler pork re-
mained virtually unchanged. Other meats totaled 103 million pounds, an increase of
4 million from May 1.

UNITED STATES STORAGE HOLDINGS OF MEATS AND LARD, MAY 31, 1962 WITH COMPARISONS
(Includes holdings in public, private and semi-private
cold storage houses and meat packing plants)


Commodity


Beef
Frozen .
In cure and cured


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


* .
* .
* .
. .*


. .
. .. .. .
. .. o.o.
o ..oo. .
. .oooo .
.o.oeoo .


Pork in cooler:
Dry salt bellies .
Other dry salt pork
Other pork cuts .
Total .


* .
* .

. .
* *
* .
. *
* .
* .
* o .
e e o o o
o I .


* o .
* .
* o o
*oo e *


Total pork ..
Other meats and meat products:
Veal, frozen .
lamb and mutton, frozen a *
Canned meats in cooler:
Hams *
Other meats .

Total all meats .* .


T -~ --- -
: May May
. 1957-61 av.: 1961
---0 lb. IOO0 lb.
1,000 1b. 1,000 lb.


129,140
11,940


142,890
10,581


April


April ,
1962
1, 000 lb.


149,374
15,573


May
1962
1,000 lb.


126,665
15,193


141,080 153,471 162,947 141,858

11,059 5,686 11,415 11,764
55,526 40,528 57,528 50,224
101,757 79,984 99,428 106,866
1/ 11,211 14,601 16,757
/ 10,641 9,455 8,164
5,898 6,916 8,499
8,546 16,859 14,554
20,195 19,278 19,955
100 48,7153 59,694 60,675
266,185 229,402 275,152 297,598


11,589 7,041 7,025 7,885
7,726 6,255 5,523 5,257
51,568 25,856 28,158 27,402
50,885 59,150 40,704 40,542
317,068 268,552 515,856 557,940

9,741 10,897 7,959 7,286
15,450 24,512 18,548 17,557

(/ (74,258 46,266 46,592 49,556
( 19,568 26,951 28,926

555,577 525,066 578,855 585,103


lard, rendered and refined ?/ 152,788 149,100 109,200 4/
GOVERNMENT HOLDINGS 5/ -
Park .. .... 4,486 1,688 2,176 2,151
Beef .. .. 5.609 .944 1,875- 1.656
1/ No historical data available. 2/ Includes other canned meats. 5/ In dry and
old storage as reported by Bureaueof Census. 4/ Not available. 5/ Government
holdings are included in the totals and consist-of reported stocks'held by
U. S. D. A., the Armed Services and other Government Agencies.


*
;


Total . .






Postage


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


UNIVERSITY OF FLORIDA
3 1262 08500 5808Il
31262 08500 5808


OFFICIAL BUSINESS
Form AMS-6/19/62
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
------------------"" ~:~----:----7---

: Chicago : Omahas Kansas: Fort I Denver: Ogden
: City Worth : .
- -- ---- -------------------


MBS: (Spring) 75.
June 16, 1962...
June 17, 1961...
June 16, 1962...
June 17,_ 1961...
June 16, 1962...
June 17, 1961...


-105#
24.90
19.75
i4 -
24.00
19.25
22.50
18.50


23.82 24.15
18.60 18.28
23.08 25.40
18.10 17.40
21.45 21.904
-- 16.48


: North
' Portland


24.48 22.78 21.22
18.96 17.75 15.69
20.25 22.48 21.60 20.72
16.55 17.70 17.50 15.55
17.00 19.65 19.92
15o 16 16 _16 50. 14 50


EWES: (Shorn) 90-15Q0
Good June 16, 1962... 4.50 4.30 4.60 5.95 5.65 -- 5.05
Good & Ch. June 17, 1961... 4.50 3.88 3.00 4.62 4.50 2.50
Utility June 16, 1962... 4.85 4.78 4.50 5.00 4.85 5.81
Cull & Util.June 17, 1961... 4.45 3.52 2.75 4.95 5.50 5.00 2.00
Cull June 16 -1962... 4.50 5.88 5.50 4%58 3.65 -- 2.50
FEEDER IAMBS: (Spring) 60-75#
Fancy June 16, 1962... 17.50 18.55 16.50
Choice June 16, 1962... 16.00 15.00 17.25 15.50
Good & Ch. June 17, 1961... 15.00 9.50 14.75 12.75
Good June 16, 1962... 10.00 15.62 -
---------------------------- -------------


Classification


SLAUGHTER IA1
Prime

Choice

Good


2