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
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The Division
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Washington, D.C
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Frequency:
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regular

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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 )
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serial   ( sobekcm )
federal government publication   ( marcgt )
statistics   ( marcgt )
periodical   ( marcgt )

Notes

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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).

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University of Florida
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lccn - sn 87043107
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ddc - 338.105
System ID:
AA00008493:00076

Related Items

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


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Full Text
7/


MEAT



WOOL


WEEKLY SUMMARY

AND STATISTICS


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


Vol. 29, No. 47


November 21, 1961


Week ended November 18


Livestock Market Reviews *
Livestock Market Receipts .
Stocker and feeder Statistics *
Estimated Percentage of Stocker and Feeder
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 *


* 0 0 0 0 0 6
* 0 0 0 6 0 0 0 0 0
* 0 0 0 0 0 0 0 0 0 .0
Cattle and
* 0 0 6 0 0 0 0


* 0
* 6 0 .
* 0 0 0 *


* 0 0 0 0 0 0 *

* 0 0 0 0 0 0

* 0* 0 0 0 0 .


* 0 0 0 0 0 .0


Special to this issue


Barrows and Gilts, 8 Markets Combined Monthly r
Cost and Weight, 1956-61 .. ./l 0 0
Slaughter Steers, Chicago Monthly Average C nd
Weight, 1956-61
Weight, 1956-61 . .. .*. ./. ,. .... ..
Percentage Distribution of Steers Sold for Sl i ter L
at Chicago, 1955-61 . q/*.. .. ,
Meat and Meat Food Products Processed and Cann der /
Federal Inspection, October 1-28, 1961 .
Storage Holdings of Meats and Lard, October 31, .
The Livestock and Meat Situation, November 1961 .


Page
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890

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891

892
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I0l*-AIIA


4--






MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Prices advanced on curtailed receipts of
slaughter steers and heifers at midwest markets.
Steers sold strong to 750 higher and heifers
were strong to 50 up. Slaughter cows were
steady to $1S.00 higher. Receipts of feeder
cattle and calves decreased and prices although
uneven were generally steady to 50f higher at
midwest markets. Barrows and gilts sold steady
to 50 lower, sows steady to 25f off. Slaugh-
ter lambs were steady to 50 higher aside from
25-500 declines at Kansas City, St. Joseph and
Fort Worth.

SLAUGHTER CATTIE AND CALVES Slaughter
steer prices worked higher as receipts were
sharply curtailed. The number of steers and
heifers sold out of first hands at the 7
markets were the smallest for any week since
the first week in January. Demand for dressed
beef was not exceptionally broad even with
smaller marketing throughout the week. Salable
receipts at the 12 markets were 12 percent be-
low the previous week and the smallest for any
regular week since August. Receipts of slaugh-
ter steers and heifers although curtailed made
up a large percentage of the supply as there
was a decline in the volume of cows and feeders.
Slaughter steers finished strong to 750
higher and the average cost of all beef steers
out of first hands at Chicago reached a new
high since last March. Heifers sold strong to
50# higher and cows steady to $1.00 higher.
Bulls were steady to strong, instances 50#
higher; vealers steady.
Slaughter steers:tSeveral loads Prime
1200-135C0# sold from $26.75-27.50 at Chicago
with 4 loads at $27.50, Bulk'Choice and Prime
950-1400# at that market ranged from $24.75-
26.75 and Prime 1475-1575# $24.75-26.50.
At Missouri River markets Choice and mixed
Choice and Prime 950-1350C steers cashed at
t25.25-26.50, most Choice $24.00-25.25, Good
bulked at $22.75-24.00, Standard $20.50-22.75.
Slaughter heifers: High-Choice and Prime
turned at $24.25-24.75, load mixed Choice and
Prime $25,00 at Chicago. Bulk Choice $23.00-
24.25, most Good $21.75-23.00.
Slaughter cows: Utility and Commercial
brought $14.00-16.50, bulk Canner and Cutter
$11.50-14.50.

FEEDER CATTLE AND CALVES Receipts of
feeder cattle and calves at terminal markets
were below the previous week, Indicating the
possible near completion of large volume market-
ings for the 1961 season. A relatively large
number of Canddian calves was marketed at Sioux
City and St. Paul, but even so, total calf re-
ceipts over the market circuit fell below the
seasonally high volume of the previous two
weeks. Quality usually tends to deteriorate as
a fall marketing season draws to a close and


there was some evidence of this during the cur-
rent week. A very moderate number of mixed
Choice and Fancy shipments was offered but Good
to average Choice made up a large percentage of
over-all supplies. Trade at the different
markets showed considerable unevenness both with
respect to degree of activity and price trends.
However, at midwest markets prices were mostly
steady to 500 higher. Principal exception was
at Omaha where calves sold steady to 50# lower.
At Oklahoma City calves were 50# to $1.00 lower
and at Fort Worth both calves and yearlings were
500-$1.00 lower.
Feeder steers: Bulk Good and Choice 800-
1050# $22.00-24.00, few loads Choice and mixed
Choice and Fancy 800-950C $24.25-25.00, load
890# $25.40, load Choice 785# $25.50. Good and
Choice 550-750# bulked at $253.00-26.50, several
loads 550-717# $26.75-27.50. Medium and low-
Good 550-75Q0 ranged $19.00-23.50.
Feeder heifers: Good and Choice 525-725#
sold chiefly from $21.50-24.00, few loads up to
$24.75.
Feeder calves: Moderate number Choice and
mixed Choice and Fancy 300-450# steers $31.00-
35.00, other steers of Good and Choice grades
$24.00-30.50, Choice 472# included at $29.00.
Good and Choice heifers brought $22.00-28.00,
few loads Choice and mixed Choice and Fancy
$29.00-31.00.

HOGS Terminal markets Despite some re-
duction of receipts at the 12 markets, prices on
barrows and gilts were steady to 50# lower for
the week. A downturn in the wholesale dressed
pork trade occasioned by the normal pre-Thanks-
giving shift of consumer demand to poultry pro-
ducts was the main factor influencing the bear-
ish live trade. Considerable unevenness pre-
vailed throughout the area during the week.
Sows finished mostly steady to 250 off except at
Sioux City where sales were 25-500 lower and
Indianapolis 50-750 off. Buyers generally have
become very weight conscious the past few weeks
and consequently grade proved to be a very minor
factor in price determination on barrows and
gilts. Best outlet prevailed for 200-230#
butchers. Order buyers continued aggressive at
many of the centers, taking mostly barrows and
gilts but also purchasing a fair representation
of sows at some points.
Barrows and Gilts: On Friday bulk of the
U. S. 1-5, 190-24C0# brought $15.50-16.00 at
western Corn Belt markets with No. 1-2 $15.85-
16.25; No. 1-3, 180-240# 1n eastern part of
the area $16.00-16.50, No. 1-2 $16.40-17.00,
latter price at Indianapolis.
Sows: U. S. 1-3, 270-400# brought $15.75-
15.25, 400-60Q# $13.00-14.50.
Feeder pigs remained steady at Sioux City
but were strong to 500O higher at St. Paul. Good
and Choice 130-160# offerings at $14,.0-15.5.





879


Hogs Interior Iowa-Southern Minnesota
area receipts at 427,000 head were 59 percent
greater than the previous week and 29 percent
more than year ago. Slight daily price de-
clines through Thursday resulted in closing
barrow and gilt sales mainly 25i lower than the
previous Friday; sows 25-35# lower. Sows made
up around 7 percent of receipts.
On Friday, U. S. No. 1-3 200-240# barrows
and gilts sold at $15.00-15.60 with limited vol-
ume No. 1 and 2 $15.50-16.00. U. S. No. 1-3
270-400# sows brought $15.50-15.15; 400-550#
mostly $12.25-15.75.
Hogs Interior Illinois -Late price ad-
vances were insufficient to offset early de-
clines and 190-220Q barrows and gilts closed
mostly 25# lower with weights over 220# fully
50# off; sows were 25-500 lower. Receipts for
the week totaled 120,000 compared with 109,000
the previous week and 101,000 a year ago. Bar-
rows and gilts weighing 210-240# comprised the
bulk of supply.
Barrows and gilts: On Friday, most U. S.
1-5 190-250# $15.25-16,00, mostly $15.50-16.00,
few No. 1 200-210# $16.00-16.25; No. 1-3 230-
250# $15.00-15.50.
Sows: U. S. 1-5 250-400# $15.25-14.50.

SHEEP AND LAMBS Receipts at the 12 termi-
nals numbered .78,000 head, around 52 percent
less than a week ago and 26 percent under last
year. Lower prices on dressed lamb were instru-
mental in curtailing demand and influencing
price downturns on early sessions of the live
trade. Price advances on limited late week
supplies frequently erased earlier declines
and for the week, slaughter lambs were mostly
steady to 500 higher; exceptions were declines
of 25-500 at Kansas City, St. Joseph and Fort
Worth. Slaughter ewes were steady to 50f high-
er. Feeder lambs were steady to 250 higher.
Slaughter lambs: Bulk Choice and mixed
Choice and Prime 83-1113, wooled closed from
$16.00-17.25 except at Denver $17.25-17.75;
Good and Choice 78-11 $14.00-16.50. Bulk
Choice and mixed Choice and Prime 87-109W
shorn with No. 1-2 and fall shorn pelts $15.00-
16.25, load 107#/ with No. 1 pelts $17.00 at
Denver; Good and Choice 88-109// $14.00-15.50.
Slaughter ewes: Cull to Choice wooled and
shorn $53.00-6.50.
Feeder lambs: Choice and Fancy 70-72#
$16.00-16.40 at Denver, Good and Choice 60-09#
$14.40-15.95. At other points, Choice and Fancy
65-78/# $14.25-15.75 with 2 loads 69# $16.25 at
Omaha. Good and Choice 45-80W $10.00-15.25,
many $12.00-14.50.
Breeding ewest Good and Choice yearling
$9.00-15.00, two-year-old to solid mouth $6.00-
10.00.
Sheep and lamb receipts in the Interior
Iowa-Southern Minnesota area at 18,100 head
compared with 20,900 a week earlier and 27,200
the same period last year. Price upturns an the
late round partially offset earlier declines


and for the week, wooled slaughter lambs were
steady to 25# lower; shorn slaughter lambs weak
to 500 lower. Slaughter ewes were steady.
Slaughter lambs: Choice,few Prime 85-110#
wooled $16.00-16.50, limited volume high-yield-
ing lambs $16.75-17.25. Good and Choice $14.50-
16.00, Utility and Good $12.00-14.50. Choice
pd of Prime 85-110# shorn No. 2 to fall shorn
pelts $15.50-16.25, Good and Choice $14.00-
15.75.
Slaughter ewes: Cull to Good wooled and
shorn $2.00-4.00.

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 5 percent shrink. All
sales for immediate delivery unless specified.

ARIZONA, CALIFORNIA, NEVADA AND UTAH -
Slaughter steers and heifers fairly active early
but slow late, prices mostly steady. Few sales
on feeder cattle and calves steady. Slaughter
lambs mostly 50f lower, sales in California
limited.
Slaughter steers: California, 7 loads
average to high-Choice with end Prime 950-975#
$25.00; 5 loads Choice 925-I00 $24.50. In
California and Arizona, 170 loads mostly Choice,
880-1150d $24.00-24.25, 20 loads 1200-1375#
$23.00-23.75; bulk loadlots Good to low-Choice
825-115W0 $22.40-23.85; loadlots mixed Stan-
dard and Good 850-1150# 422.00-22.50; few loads
Standard 855-1000# $21.00-21.50.
Slaughter heifers: In California and Ari-
zona, 26 loads largely Choice 750-925.q $23.50-
23.75, 21 loads 875-105Qf C23.00-23.25; 6
loads Good to low-Choice 800-925# $22.25-22.75.
Feeder calves: California, 345 Choice
450#, steers $26.00, heifers $23.00. Nevada,
800 mostly Choice,350# steers 028.00, 460#
26.50, heifer mates around 30CQ at $26.00 and
400// -24.50.
Feeder steers: Nevada, 50 Choice 525/?
$25.00; 280 Choice 570-690; 25.00-24.00, 395
Good and Choice 625-650# $22.25-25.00.
Slaughter lambs: California, 9 loads
Choice and Prime shorn 95-105/ with No. 1 and
fall shorn pelts 417.00, 3 loads mostly Choice
90-110# shorn with No. 1 and fall horn pelts
$16.00. Utah, 2,500 Choice with end of Prime
97-106# wooled $16.00-1I.25, 4 loads $16.50
early.

COLORADO, SOUTHERN U1YO.MIG, WESTERN KANSAS
AND WESTERN NEBRASKA Trading very active with
confirmed purchases of slaughter cattle for the
week largest of record. Slaughter steers sold
25-500 higher with heifers mostly 250 higher.
Slaughter steers: Colorado, 195 loads
Choice 975-1275# $24.50-25.00, latter price
paid freely; 100 loads high-Good to mostly
Choice 1025-1225' $023.75-24.50, mostly $24.00-
24.50. Western Nebraska, 12 loads high-Good





880


mostly Choice 1050-1100.' 624.20-24.35.
Slaughter heifers: Colorado, 260 loads
Choice 825-1050-i .'23.25-24.00, most late sales
%Z3.75-24.00; 15 loads high-Good and Choice
9'b-975 $22.75-23.25.
Feeder cattle and calves: The few direct
sales confirmed at fully steady prices.
Colorado, Choice e75-775S steers $25.75-24.251
Choice 350-425.' steer calves $29.50-30.00, 510-
380.' heifers !.27,00-27.75.
Sheep and lambs: Slaughter lambs steady
to weak. Colorado, Choice and Prime 93-100#
wooled slaughter lambs S17.00-17.40. Several
loads Choice and Prime 104-109// shorn With No.
1 and 2 pelts C16.00-16.50. Around 8 loads
mostly Good 120-135./ slaughter ewes $5.00-6.00,

NE l MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Near bliz-
zard conditions in the area witl 6-12" snow.
Trading on all classes liestock at a stands.
still. Few sales completed over previous week-
end on slaughter cattle at steady to 25# higher
prices. Feeder transactions inadequate for a
test of trend.
Slaughter steers: 250 mostly Choice 1083-
1136# $24.00-24.50; 300 Good and Choice 1050-
1150# W23.75; 110 mainly Good, 950-130QC
323.40.
Slaughter heifers: 300 Choice 94Q0# $23.50;
30 Good and Choice 900.; $25.00; 400 Standard
and Good 650-700W $23.00-23.25.
Feeders: 80 Choice 725# steers $25.25;
530 mostly Choice, 600-650Q steers $23.30-24.50
with 600/ heifer mates $23.00; 460 Good 675#
steers $22.50.
Feeder calves: 500 Fancy 375-400# steers
%'32.50.
Lambs Trading slow, prices steady.Around
500 '"oice 305# No. 1 pelt shorn slaughter lambs
$S.6..5 delivered; 1,000 Choice 65-75g feeders
with No. 1 pclts (12.00-12.50.
Amarillo Area Snow and ice storn.
Slaughter cattle steady to 25# higher, feeders
about steady.
Slaughter steers: 140 mostly Choice 1034-
1250# 2tC.00-"'.2.S; 90 Standard and Good 95Q0#
$22.5 '.
Slaughter heifers: 440 Good and Choice
900-1030/7 $23.25-23.50; 285 Standard and Good
675-780# $22.75-23.35.
Feeders: For up to January delivery, 110
Good and Choice 750# steers $23.00; 480 mostly
Medium, few Good., 700-725* $21.00-21.50} 100
Medium, few Good, 732# heifers $21.00.
Feeder calves: 640 Choice and Fancy 467-
495# steers $26.50-28.00; 430-467# heifer mates
526.00-26,50,

MARO, OREO0N AD WASHINGTON Slaughter
steers fairly active, fully steady; only small


volume heifers sold,steady. Limited sales of
feeder cattle steady. Slaughter lambs steady
except mostly 50# lower in Idaho.
Slaughter steers: Washington, mostly
Choice 105'/ $25.25-25.75; high-Good and Choice
1050-1100./ $25.00. Oregon, high-Good to mostly
Choice 1100-1160Q .24.50-25.00 delivered; Good
to mostly Choice 1100# $24.25. Idaho, mostly
Choice 1150-120(0 $23.75-25.00, some $25.75-
25.85 delivered.
Slaughter heifers: Washington, high-Good
to mostly Choice 850-865# $23.00-24.00, latter
price delivered. Oregon, mostly Good 825#
$23.25 delivered. Idaho, mostly Choice 925#
$24.00.
Feeders: Washington, Good and Choice 400-
470# calves, steers $25.00-26.00, heifers
$22.00-24.00; Good and Choice 600-620# year-
lings, steers $23.00, heifers $21.00; Good
and Choice 700, heifers $20.25. Oregon, Good
and Choice 380-390# calves, steers $25.00,
heifers $23.00; Good and Choice 600-650# year-
lings, steers $22.00-22.50, heifers $20.50.
Idaho, Good and Choice 400# calves, steers
$26.00, heifers $23.00.
Slaughter lambs: Washington and Oregon,
Choice and Prime wooled and shorn $15.00-17.25,
mostly delivered. Idaho, Choice and Prime 101-
113# wooled $15.50-16.25; Choice and Prime
103-107# No. 1 pelts $15.00-15.25.

MONTANA AND NORTHERN WYOMING Moderate
to liberal amounts of snow early in the week.
Temperatures considerably below normal late in
the week. Direct trading on all species;live-
stock slow, weather and road conditions major
factors. Slaughter steers and heifers strong,
feeder cattle and calves fully steady, sheep
and lambs generally steady.
Slaughter steers: Southern Montana, 500
mostly Choice 1000-1100# for December $24.00
with 10 percent out at $22.00.
Slaughter heifers: Northera Montana, 50
Choice 1000# $23.00.
Feeder cattle Northern Montana, 150
high-Choice and Fancy 790# steers $24.50.
Southern and western Montana, 500 mostly Choice
675-80Q steers $23.00-23.75. Northern Wyoming,
200 Choice 650-700# yearlings, steers $25.00-
24.00, heifers $22.00-22.50.
Feeder calves: Western half of Montana,
sales totaling 1,175 mostly Choice 350-45Q0#
calves, steers $27.00-28.50, heifers $25.00-
26.00. Northern Wyoming, 350 Good to mostly
Choice 300-425#,, steers 27.00-29.00, heifers
$25.00-26.00.
Feeder lambs: Eastern Montana, 250 Choice
70# $13.75 delivered to unloading point.
Breeding ewess Central and northern Montana,
1,100 Choice yearlings $18.50 per head; 1,500
Good and Choice 3-year-old $15.00 per head.





WHEWKI RECEIPTS CF SAIABLE LIVESTOCK AT 12 PUBLIC MARKETS
-- ---------------i&^^ IZ^9! m 1 11s!-------I----------i i 1
S Cattle Calv....es 1.-te lams I SHheep and lambs
Market 2 Nov. 18 i Nov. 19 t Nov. 18 Nov. 19 Nov. 18 s Nov. 19 t Nov. 18 Nov. 19
$ 1961 t 1960 S 1961 1960 s 1961 s 1960 1 1961 1 1960
ChicaMo *...... 55,877 56,757 240 409 41,658 41,567 5,665 7,520
Cincinnati .,.. 5,597 4,556 512 720 11,755 9,416 1,145 1,984
Denver ....... 11,995 14,785 5,225 35,978 4,966 5,458 18,724 21,207
Fort Worth .... 6,683 12,958 1,659 2,297 1,667 2,048 4,526 8,154
Indianapolis .. 7,288 6,857 749 855 52,656 51,598 2,297 4,247
Kansas City ... 19,010 18,666 2,525 2,715 16,967 16,404 4,557 4,514
Oklahoma City 9,595 11,020 3,058 5,059 2,949 5,859 608 2,015
Omaha ....o.... 36,067 55,905 5,177 5,185 51,044 45,185 6,675 135,855
St. Joseph .... 14,862 15,288 535 896 27,051 26,644 2,585 4,977
St. Louis NSI 11,518 15,582 1,573 2,775 52,157 58,115 4,249 6,382
Sioux City .... 55,186 28,959 12,542 6,240 52,630 57,405 9,155 10,215
S. St. Paul ... 22,180 21,545 9,548 10,414 54,867 55,964 20,515 20,829
Total .o..... 209,454 222,656 59,099 57,519 550,567 555,641 78,499 105,677
"Nov 11 '61 237,677 51,895 561,921 115,698
INTERIOR IOWA AND SOUDTMHN MINNESO'A Nov. 18, 1961 Nov. 11, 1961 Nov. 19, 1960
Hogs ...... 427,000 308,000 332,000*
*RWvied Sheep ..... 18,3500 20,900 27, 200*
FEEDER CATTLE: AVERAGE COST. WEIGHT, AND NUMBER
It. --------- i---- -------
s Week ended S Month Four months
SNov. 16 Nov. 9 Nov. 171 Oct. Oct. 12y-Oct.
1961 1961 s 1960 1961 1960 s 1961 1960
Steers 1003# up ......... 519 475 759 2,021 2,294 6,514 8,087
901-1000 ......... 2,109 1,996 2,515 9,740 9,075 31,174 50,509
801-900 ......... 4,278 4,685 4,547 25,175 22,504 71,002 68,252
701-800 ......... 6,528 6,068 6,701 49,428 49,404 114,529 121,416
501-700 .......... 14,121 11,808 15,639 87,051 100,013 219,144 260,623
Total steers 10 markets.... 27,555 25,050 27,741 171,415 1835,288 442,565 488,687
Av. wt. s *.... 705# 715# 715# 706# 700# 710# 705#
Av. cost* 0 0 .... $25.46 $23.64 $22.79 $23.28 $21.95 $22.89 $21.64
" Chicago *..... 25.48 25.75 25.58 25.15 22.87 22.73 22.82
" Kansas City... 25.20 22.91 22.11 22.97 21.59 22.74 21.32
w Omaha ........ 24.85 24.92 25.90 24.57 23.51 24.04 25.05
S w S. St. Paul... 20.70 20.32 19.92 21.40 21.48 20.98 21.19
w Sioux City.... 24.31 24.68 25.87 24.06 25.00 235.71 25.02
SDenver ....... 24.29 24.55 24.08 25.92 22.75 25.61 22.58
0 Ft. Worth .... 21.95 21.69 20.65 22.01 19.55 21.98 19.84
0 w Oklahoma City. 25.77 22.57 21.67 22.14 19.67 21.88 19.78
S" S St. Joseph. 23.08 22.25 22.20 22.52 20.22 22.42 20.58
0 St. Louis NST. 22.56 21.85 21.10 21.51 20.05 21.78 20.59
Total calves 10 markets.. 45,965 41,295 52,976 154,446 155,828 292,514 344,560
" heifers .... 4,922 4,187 5,296 29,540 52,887 82,285 87,838
" cois w .,.. 3,283 2,935 5,227 9,541 6,458 18,628 14,994
Not adjusted for differences in grade of cattle sold at each market.
ESTIMATED PERCENT OF F )EED CATTLE AND SIAUGIHER COWS IN SALABLE RECEIPTS
SeChi-dIM On.s S. St.. s Sioux S.St. Indian-Den- Ft". Okla. Wich- San
Week ended seagoma -t Joseph, N City Paul apolis ver 'Wrth City 'ita Antonio

Feeders
Nov. 17, 191 2 48 18 15 15 -5 17 12 45 65 72 55 45
Nov. 10, 191 2 55 18 14 12 36 20 12 45 75 76 54 40
Nov. 18, 1960 2 52 19 18 11 45 15 8 45 65 78 52 55
Slaughter cose
Nov. 17, 1961 3 10 10 6 12 7 18 14 25 15 12 19 20
Nov. 10, 1961 5 10 10 9 15 6 15 15 20 15 10 19 20
No 18 1960 5 10 12 9 18 8 20 13 20 20 10 17 15
flin -- - ---







-S-"D' SO L CL T. CF FIRST HALDS FOR S AtUGTE
Iber of ead I Percent of total Iva e weight Aver price in
I by grades (pods) :dollar per 100 lb.
-ek eDded
--e--." --: Nor. 16 I ov. 17 :No. 16 s low. 17 N ow. 16 Wokw. 17


2oice.........
- Good..........
Standar. .....
Ocomercial.....
-tility........
All grades.....

Prime ...........
Choice.........



.11 grades.....


aoice .........
Good........... .
Standard.......
.1tigity.......
l= grade......

Faee..........o

Good.....*.....
Standard.......

Au gr dea......


;,.'2 5,
:4,T 4 14,i
",?- 4,
-94

l-*
24,41- = 249









71472__ ,
---^---

4,:44 5,


- 3-
1-",:* -


-I*
2,



4,


7- I

2 X
-- 'T


:16 :4.3 20.1 1,232 1,245 26.58 26.85
E. 59. 59.5 1,152 1,170 25.50 25.78
51I 23 .? 18.1 1, X 1,088 24.47 24.75
42 2." 1.7 2 958 22.79 22.55
1.4' 22.O -
155 1.2 .5 1,134 1,00O 21.'2 20.58
9*2 -,' -" 1,166 25.355 25.77
CPAHA
I 2.2 1.3 ,2". 1,151 25.50 26.00
047 "9.5 50.7 1,12 1,144 24.55 24.78
.11 32.4 44.0 E, e'7 1,099 23.40 25.45
491 -.E ".5 ., 1,050 21.55 20.59
3 .8 .5 ," 1,C27 20. 4 19.07
9:1294 1 121 2.24.01 24.06
-~~~~~ ~'S^'Cr -- -- -- -
-A- -- 1,212 2-5.31--L 25.-
25E 62.2 62.3 1,14 1,148 24.47 24.71
564 37.3 .5.5 1,E:- 1,101 23.72 23.61
283 2.9 2.8 1,049 1,104 21.93 20.89
20 .- .2 1, 1. 1,005 20.94 18.94
"42 _,1 3 1,151 24.13 24.24
-~ --
23 .I .5 ",34-3 1,135 24.63 25.96
S .5 2 8. 40.6 1,158 1,129 24.61 24.46
204 E. 51.1 1,"9' 1,083 2E.55 22.90
329 15. 7.6 1,9S 1,045 21.68 20.40

8 3.- .2 1,4.C 869 19.71 17,00
315 I,1 2 1,099 23.4-6 23.36


s3. DWUI5 XSI
I I i IwI R A.


Prime.........
Choice***.......
Good.. .........
Sa .......
Cm-ercial.....

AHl grade.....




Prie.........
oood...........

tility........







All .raes..
All gradesg.....


2 ." L.f3 26.5C -
474 21.4 10.7 1,C53 1,065 25.'1 25.50
2,22_ 2,941 64.5 64.1 1,z25 1,068 23.71 24.14
41 993 i .. 22.5 367 1,004 21.9 21.45

117 1.5 2.7 999 941 19.76 18.55
5,4 4,431 1,024 1,057 23.76 23.57
e e e e e e e e e e e e e e e e e e--------------------------------

52 17 .7 .3 1,125 1,205 25.81 26.00
2,: 2859 35.2 47.8 11535 1,156 24.71 24.56
4,- 2,663 56.3 44.6 1,092 1,078 23.60 23.00
4 426 5.5 7.1 1,C 7 1,058 21.48 20.50
1C .2 854 18.00
,4 5,975 1, 1,104 23.90 25.60



1.12 1,107 81.2 58.4 1,131 1,162 24.40 25.00
2"5 776 15.1 41.0 1,092 1,078 25.41 24.10
51 11 3.7 .6 974 9B6 20.54 19.00

1,359 1,8 1.119 1,126_ i 24.12 24.62


Da!/rt *.ellu by Stat sticml Reptta Serwi, -ad Ltuete Divile, A. S.







WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS


City or Area


Boston, New York City Area ....
Baltimore, Philadelphia .....
Cin., Cleve., Detroit, Indple .
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 ......................


Cattle : Calves I HOs tSheep and lambs
^ wT T- T 49-- -- -- -- -T -- -- -. T -
:Nov. 18 Nov. 19 Nov. 18 Nov. 19"Nov. 18 Nov. 19 Nov. 18 Nov. 19
19 19O 1901 1960_ 1.9_ 1 9fO 1' 169 0
12,590 14,470 11,193 11,998 51,662 50,669 55,736 44,759
9,526 9,045 2,185 1,867 37,281 29,t05 4,084 5,072
19,170 18,452 1,5384 4,835 125,581 119,844 5,179 13,447
15,004 15,895 9,521 8,656 42,663 43,215 5,350 5,150
29,451 28,177 23,483 27,060 119,189 108,251 20,095 19,250
10,675 10,829 1,678 2,898 74,157 64,726 5,299 35,624
29,536 18,884 -- 119,522 99,098 12,028 12,125
35,485 52,196 122 247 92,747 77,323 14,137 15,556
14,154 12,958 -- 41,011 31,299 -- -
51,708 29,608 10,054 9,631 558,455 286,168 51,665 34,251
6,681 7,007 3,559 5,908 535,155 53,450 -- -
10,519 9,604 4,600 4,125 28,290 29,872 -- -
18,792 17,710 660 894 51,524 45,426 9,014 5,726
11,832 12,724 5,452 4,909 18,283 15,695 21,585 18,636
23,288 19,603 119 251 15,824 15,432 26,891 22,498
25,727 29,212 799 1,515 36,716 23,812 27,919 30,755
7,865 8,670 257 3552 16,847 16,754 5,826 4,279
311,601 75,066 1,262,707 222,808


295,042 82,904 1,108,917 233,048
Accumlation to date ..... 14,506,458 2,905,747 49,623,550 12,409,678
14,174,424 3,250,499 50,645,050 11,557,978
-------------------------------------------------------------------


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
-------.---- -- ------^---------- py- j- ~Jg ---.----.----.
I I oFk- 7 LIm 1
We ne- Be Veal- Legxci._1gjrd)A Ind muttn Total Total
Week ended Num- t i Num- Nm- Num- t t lard
ber Prod. ber Prod. Prod. be Prod prod. prod
; ber t t ber s b ber t h ber a t P1 s 7
--------- ---- ^.- "----. --007 1,000m iiT. T -0. b Too b ;l.lb.,li-.',.ra S.-
191o2.81ta019l


Nov.
Nov.
Oct.
Nov.


1961 ........
1961 ........
1961 V/......
1960 T......


585
410
415
366


Percentage change from:


.221.8
258.2

215.2


115
115
120
121


12.0
12.2

15.0


1,450
1,425
1,408
1,503


196.8
192.5

184.5


240
285
505
261


11.0 441.6 --
13.1 456.0 -
-- -- 42.7
12.4 423.1 40.8


Nov. 11, 1961 ........ -6 -7 -2 -2 2 2 -16 -16 -5 --
Nov. 19, 1960 ........ 5 4 -7 -8 11 7 -8 -11 4 --
-- --------a* ------- a- o--- T~ -- --
------- --&Aaram xe _t (jb.L). Lard
Week ended Cattle Calves Hogs t Seep yield
*i----------- ------ -- -- -e jL W_ t._es 10 per
I t I 1 b.
----------- Live .DressedL iv LDressed. Live LDreasedL Live LDressed. 1 __


Nov. 18, 1961 ........
Nov. 11, 1961 .......
Oct. 28, 1961 ........
Nov. 19, 1960 ........


1020
1020
1025
1037


576
581
589
583


190
190
195
193


106
106
109
107


136
135
136
142


1/ Actual slaughter. 2/ Excludes lard.













Classification


Steers -


Prime 900 -10#
1100-1300
Choice 900-1100
1100-1500
Good 900-1100
Standard All wts.


Heifers -
Choice
Good
Standard


700-900#
600-800
- All wts.


Cows All weights -
Commercial
Utility
Cutter
Canner

Bulls All weights -
Commercial
Utility

Calves 500# down -
Choice
Good
Standard

Vealers All wts. -
Choice
Good
Standard


Steers -
Choice
Good
Medium


500-800#
500-800
500-1000


CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
3 3 North
, Chicago : Kansas City Omaha t Denver I Portland
---_^---.--,--- --^-- -^----- ^------^----y---. *_^__--
2 3 I I 3 S 8 3 3 :
Nov. No Nov. Nov. Nov. v Nov., Nov. Nov. Nov. Nov.. Nov.
S183 19 18 19 : 18 19 : 18 t 19 18 19
1961 1960 1961 1960 1961, 1960 : 1961 t 1960 1961 : 1960

Slaughter cattle, calves and vealers


26.30
26.70
25.52
25.65
24.25
22.38


24.25

20.95


15.78
14.82
13.88
12.50


27.02
27.12
26.18
25.90
24.60
22.62


24.58

20.50


14.80
14.10
13.60
11.92


25.35
24.82
23.82
21.55


24.10
22.90
20.70


16.25
15.08
14.55
13.18


24.98
24.72
22.52
19.52


23.75
22.02
19.00


15.45
14.50
13.22
11.42


25.62
25.75
24.75
24.72
23.38
21.62


23.62
22.38
20.50


15.75
14.72
13.58
12.62


26.38
26.35
25.20
25.00
23.12
20.62


23.75
21.72
19.55


15.72
14.32
12.88
11.78


17.75 18.25 17.50 16.25 17.55 17.78
19.08 18.40 17.75 17.20 17.58 17.70


26.12
24.25
22.00


24.80
22.60
18.70



25.62
23.42
20.80


22.25
20.75
18.75


24.50
22. 00
19.00


19.75
18.00
16,00


22.00
20.00
17.50


24.00
22.25
19.75


24.58
24.38
22.62
20.50


23.38

19.00



15.25
14.25
13.00


25.10
24.80
21.80
18.50


23.50
21.12
17.75



14.88
13.12
12.00


25.50
25.38
24.00
21.25


23.88
22.25
19.25


15.00
14.25
12.50
11.25


24.58

23.00
20.25


22.25

19.00


16.00
14.75
12.25
10.00


--18.75 -18.95 18.50 -
18.75 18.95 18.50 19.00


23.50
21.50
18.50


28.38
25.50
22.00


21.50
19.25
16.50


Feeder cattle and calves
-f -


26.00
24.50
21.62


25.20
23.10
20.10


25.88
24.22
21.75


24.95
22.95
20.12


26.50
23.00
20.25


25.18
23.95
21.15


21.50
19.00


22.00
19.50


27.00
25.00
21.00



22.50
20.00
18.50


Heifers -
Choice 500-750#
Med. & Gd. 500-750

Cows All vta. -
Med. & Gd.

Calves 300-500# -
Steers -
Good & Choice


Heifers -
Good & Choice


-- -- 23.62 22.32
-- -- 20.75 19.55


24.00 22.75 24.50 22.50
20.75 19.62 20.50 21.25


-- -- -- 14.50 16.25 14.50



S 28.00 27.60 29.00 27.45


- 25.25 22.75 26.25 25.00


-- 20.75
18.50 17.50


16.75 15.25 -



29.25 27.50 23.50 24.25


27.25 26.00 21.00 20.50





885


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Week ei


AVERAGE COST


HOGSs AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
.-y- --... T---m i -,-- ,aw,- .......t-h
I Bt., 2 2 Eight
s Louis Kansas Sioux S. St. S. St.lIndian- iktas.
nded sChicago: Natl.s City : Omaha I City 'Joseph I Paul 'apoli.s cor-
s t Stock i I I I: b eed
t Yards t t i a: i
-------Dollar per 100 pouds--------
Dollars per 100 pounds


Barrows Nov. 18, 1961 16.27
and Nov. 11, 1961 16.50
gilts Nov. 19, 1960 17.67
Nov. 18, 1961 13.37
Sows Nov. 11, 1961 15.74
Nov. 19, 1960 14.30
AVERAGE WEIGHT -


Barrows Nov. 18, 1961
and Nov. 11, 1961
gilts Nov. 19, 1960
Nov. 18, 1961
Sows Nov. 11, 1961
Nov. 19, 1960
NUMBER OF HEAD -
Barrows Nov. 18, 1961
and Nov. 11, 1961
gilts Nov. 19, 1960
Nov. 18, 1961
Sows Nov. 11, 1961
Nov. 19, 1960
sOws -
Nov. 18, 1961
Nov. 11, 1961
Nov. 19, 1960


255
224
229
457
431
458

34968
31394
52744
2796
2287
3400


16.27 15.84
16.26 15.74
17.59 17.17
14.19 14.19
14.02 14.02
14.73 14.64
Pounds
225 229
225 252
223 232
413 417
417 414
400 410


15.89
15.99
17.20
14.01
15.98
14.65


231
230
2537
435
432
432


15.70
15.83
17.07
153.93
14.12
14.24


15.91
15.97
17.17
14.34
14.25
14.98


15.50
15.53
17.00
13.67
15.64
14.44


16.52
16.58
17.85
14.08~
14.06

14.51


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


252
231
255
430
421
435


227
227
250
394
404
402


230
227
230
416
411
416


W W - --I-I- -0


48333
50649
49198
3499
5457
4819


14980
19974
14575
1275
1659
1193


44233
41720
37136
4928
4425
5240


Percentage of total
7 7 8 10
7 6 8 10
9 9 8 12


46337
39143
32176
4133
3732
3474


23893
30332
25058
1825
2408
2401


37452
46077
38988
4738
6279
6189


225
226
228
456
460
458


26515
25715
25940
3611
2746
4068


~- 4" --a-----------


8 7 11 12
9 7 12 10
10 9 14 14


Weighted average.

AVERAGE WRDIESAI.E VAIDE OF 800 PRODUCTS DERIVED FROM 100 LB. LIVE 800,
COMPARED WITH PRICES OF LIVE 8008, CHICAGO
manammmamemmanamamammmmemmememememememe
Week ended Rog products 1/ Hog prices 2/ 5 Gross s
p


ream


I I or margin 5
--- --- -- ----~ --- -o---- -- -WI~J5
Nov. 18, 1961 .............. 317.96 $16.41 $1.55
Nov. 11, 1961 .............. 18.10 16.61 1.49
Nov. 19, 1960 ,............ 19.74 18.01 1.73
---*--------- -.------------_-*-_-- _--- --- ----
1/ Value of all edible products, fresh basis (lard rendered) in 100 lb. of live
hog computed from wholesale prices on carlot basis, Chicago, reported by National
Provisioner daily market report.
2/ Mean of daily quotations on U. S. No. 1,2 and 3 hogs, 200-220# wt. Chicago.
I/ Difference between wholesale product value and hog prices.


HOG AND CRN PRICES,AT CHICAGO
t Barrows and
Week ended gilts p/
: 100 pounds


AND HOG-CORN PRICE RATIO
I Corn 2/ 1 Hog-corn
t No.3 yellow t price ratio
t Cents per : based an
S bushel : barrows and gilts


Nov. 18, 1961 ........... 16.27 110.5 14.8
Nov. 11, 1961 ........... 16.50 108.7 15.2
Nov. 19, 1960 .,.,,. 17.67 93.4 18.9
----------- Weighted average. -------Simple average.
I/ Weighted average. V/ Simple average.


15.98
16.03
17.34
13.93
15.94
14.54


228
227
230
427
423
425


276511
285004
253815
26805
26973
30784


9
9
11




887


BOSTON WOOL MARKET REVIEW


Trading on greasy domestic worsted wools
at Boston was only moderately active. Prices
held generally steady. Demand centered on
quarter-blood wools early and later demand was
fairly broad on three-eighths and half-blood.
Supplies were limited but ample.
Activity for woolen wools and noils was
slow but prices held steady. There was fair
demand for pulled wools at steady prices.
Trading in territory and fleece wool
States was slow following recent sealed bid
sales at Portland, Oregon and Minneapolis,
Minnesota. There was very little activity in
Texas.
The Crop Reporting Board of the United
States Department of Agriculture announced the
average price received by farmers for wool on
October 15, 1961 was 40.60 per grease pound.
This compared to 41.0# for September 15, 1961
and 38.8 for October 15, 1960.
Midweek cabled reports for foreign markets
showed prices firm at Australia with partidi-
pation at Sydney and Melbourne by buyers from
the Continent, Japan and Eastern Europe while
at Geelong the Continent dominated in general
competition. Albany closed very firm with good
wools 10 higher under good competition by the
Continent, Bradford and Eastern Europe and
Japan. Trading was active at Wanganui with
prices unchanged compared to close at Auckland.
South African markets were fully steady. South
American wools were strong to 20 higher.
Fleece Wools Graded 50/54s good French
combing and staple bright color fleeces moved
at $1.06; 56/588 at $1.07-1.08 and half-blood
$1.12-1.15.
Territory Wools Bulk fine good French
combing sold at 58.750 grease basis, f.o.b.
Casper, Wyoming. Short lambs wool 96$ and
good length J1.01, all clean basis, delivered
East. Cross-bred lambs wool (half and three-
eighths) sold around 970 clean, delivered East.
Original bag mixed 12 months wool (fine, half
and three-eighths) sold around $1.12 in Roswell,
New Mexico area.
Texas Wools Quotations for Texas wool
were steady with supplies extremely small.
Mohair Trade extremely slow in the
Boston market. Prices unchanged.
Foreign Wools Spot activity was moderate
and the price trend firm. Cabled reports at
week's end follow with combing wools converted
to clean U. S. oil-combed yields and short
wools to scouring yields, in bond.


Australia
Oil-combed
$1.04 452
.97 455
1.01 454
1.00 455
.97


$.98
.95
.90
.89


South
Oil-combed
7 $1.01
8 .99
12 1.00
47 .99
48 .98


Africa
Scoured yields
17 4.99
22 .98
27 .96
32 .95
37 .87


New Zealand
Oil-combed
86 $.86
95 .83
854 .82
107 .76
128 .75


Carpet Wools Buenos Aires November clip
wools were offered at 74-750 and March wools
at 71-720 clean fibers present for shipment.
New Zealand fleeces 780 and early shorn at
750. Some second shorn "B" style at 740 clean
wool fibers and 702/5 crutchings at 68# clean
wool fibers. Scoured silver gray Karacel wool
60# in bond. White Pakistan spot wool 75#
clean wool fibers and white Montgomery spot
wool 770 clean wool fibers.
Woolen Wools Sales follow:
Scoured N. Z. 44s white $1.04 duty paid
Scoured Aust. fleeces ave. length 912
in bond
Aust. 64/70s-nobles 90#, defective
64s at 780
Choice Cape Schlumberger noils 71T
duty paid

Wool Tops Outlet was very spotty. Fair
supply of quarter-blood oil-combed fleeees
moved at steady prices. Fairly broad demand
prevailed for these along with fine grades
mainly 70s.


Warp Aust. D/C


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

Oil-combed

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


Warp Dom. D/C


$1.91
1.88
1.81
1.73
1.66


Territory


$1.48
1.46


51.85
1.78
1.70
1.63
1.55

Fleece


$1.46
1.44


IN Nominal)



CLOSING FUTURES QUOTATIONS Nov. 15,
1961 (Furnished by the Wool Associate& of the
New York Cotton Exchange)
December wool tops $1.615 (Bft(
March wool tops 1.598 (B$d)
64 gra&e 2105P minimum length
December wool $1.214 (Traded)
March wool 1.199 (Ttaded)
64Au rade 21" ave. stretched length







WHOLESALE MEAT TRADE REVIEWS


.E HA T.A' Y.-C' 1 AT TRkAE "TE "

E.S.STEF": *-LC.-D Fteer cacaass rrices
were fully -.C' hr. er at '-*s"'.n-ton, strnr. to
5C.' u7 at P-illdel- in, other rmrket areas fully
steaiid. 'ow beef soldj stendy to ::0' lower.
Prices for veal were steady, except at '";.shMng-
ton where the trend was mostly 1.,0 hl-ther.
Lamb steid,. to ?2.2C lower, mostly $1.00-2.00
off. Pork loins 1..,'-3.CC off, bulk $2.00-3.C00
lower. Poston butts steady to 5I.00 lower: fresh
skir.ned hams ste ady to $2.00 hit-.er; spareribs
stendy to $1.00 hi--her.
Prices were ete-dy for kosher steer beef,
veal and -ilf. Lamb was fully 1.'rO lower.
Surrlies of meats were moderate to mostly
normal. Ret.%ilers concentrated on seasonal
?hollday specialty items and trading was only
r.oderqtely active for red meats and rork. Trad-
inr was actlve on steer carcasses -..nd most cuts
and clearance was normal n*,on, the Enstern Sea-
board. Outlet was mood for veal ,and calf. The
l-t trade was slow, particularly for carcasses.
'ras-ing was only moderately active on pork loins
-nd prices were lower as fte week prciressed;
however, clearance was fairly complete at the
close. theirr pork cuts moved readily in an
activee trade. Small lots of lamb went unsold
in the Metropolitan :evw York area.

?.I-AGC Steer and heifer beef as well as
veal sold stend;,, lamb 50C lower, -crk loins
8-16 52.00-3.00 lower, Boston butts 4-8-* steady,
spareribs 30 down 50, lower.
Supply fresh meat on the market about normal
except the veal su-lr.:. was only moternte. Choice
to low-Prime most numerous in the beef division,
and rork loins were mostly 12-10p. ..l.ile the
-.ast sever-.l weeks have seen an increase of l.-mb
weihinfr over 55#, the bulk s8-ll falls in the
35-50' r.ange.
:arcass beef trade was generally slow. All
weights ar.d vr-,des of ribs moved at a brisk pace
with prices mainly S3.00 hic-her. Demand in the
chuck and round trade was fair early but at the
close poor. However, various segments of the
trade became active late in the period for de-
livery the following week. Loins were slow on
each session. ".e-il trade was dull but steady,
levels were maint-ined. Demsnd moderate for
carcass lamb, tut broad for 1mb legs, stews and
shoulders. Center cuts slow to clear, particu-
larl.y hotel ribs. Further declines were recorded
on pork loins. makingg it the fourth consecutive
week prices have worked lower. Pork loin prices
were the lowest since early., June. Boston butts
moderately active, spareribs slow.


PA:IFIC 30AST All carcass beef sold on
a slow, sten4y to weak basis in the Pacific
Northwest. Ycifer beef was .about stendy in
San 'r.Lan.cisco end c-rcass steer ste.'dy to
?fl.r. lower, the most decline on choicee 800-
900- carcasses. Steer -.nd heifer '"eef was
fully ste-dy in Los r,.rieleq. Cc'. beef prices
were 50/--1.,'C lover in .i'ifornia pni stendy
to weak in the Fortl.nd-ce-.ttle area. "eal
and calf were mostly ste:,:ly in nl iforr.ia tut
ste,.. to ??.0- hti-rer in the Pa-cific 77orth-
west. Lam'o held about stendI in Southern
Californi'., steady to $1S.007 lower in San
Francisco ,and Portland.
Fresh pork prices were stendy to $2.00
lower except fresh hams ste-.d-' to $31.00
i.iiher in the Pacific northwestt nid San Fran-
cisco; cured pork lr.rgely ste.'vy other than
ha-s ?2.00-3.00 hiFher in 1Northern California.
Tr-..dinr was -enerally slow for steer
and h.eifer beef. Supplies were below normal
as slaughter was adjusted downward to fit a
narrower demand. Cow beef was plentiful and
trading slow. '.!oder-ite offerings of carcass
lamb moved at a fairly r,ctive pace in Los
Angeles but outlet was narrow elsewhere
despite small volume. ':ear normal supplies
of fresh pork met with :oneilernble price
pressure and concessions were employed to
promote action. A f-ir demand developed for
cured pork, most interest centered on hams.

CARLOT *EAT TRADE REVIEW
CHICAGO, ERVER. OV-'A., T. :.: YORK A.rD
PPIL-DELPHIA Despite belo-.r normal supplies
of carcass beef, demand was only moderate as
some wholes-lers purch-ased sparingly in view
of the forth-comirn, Thnanksgiving Day holiday.
The week's treni on steer nnd heifer
beef was steady to 50* higher. Cow beef was
uneven with prices largely steady to 504
higher, some Sl.0,c hither at Philadelphia.
The exception was Denver where prices were
50-754 lower. flear.nce was generally com-
rlete on beef offerings.
Although supnlles of carcass lamb were
sharply curtailed, demand was only moderate
and prices were steady to Sl.00 lower, mostly
50.-tl.00C lower. Clearance was near complete
at shipping centers.
Pork supplies were normal but slightly
reduced from the previous week. Demand was
moderate on -,ork loins, prices were _2.O0-
2.50 lower. Pork butts were 25,I-$1.00 higher,
Fresh hams at Omaha were 500 higher. Pork
carcasses were unchanged at 1?ew York, but
75,s-41.50 lower at Philldelphia.




889


WHOLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS
Weekly average of daily quotations in dollars per 100 pounds
t New York Chicago San Francisco Los Angeles
Classification --- ---- -: -
:Nov. 18 :Nov. 19 :Nov. 18 :Nov. 19 :Nov. 18 :Nov, 19 :Nov. 18 :Nov. 19


Steer beef -
Prime 700-800#
Choice 600-700


Good

Heifer beef -
Choice

Good
Veal -
Prime
Choice
Good
Lamb -
Prime
Choice


t 1960


38.12
56.81
57.00
36.00

358.00
37.06
56.00


t 1961 1960 : 1961 1960 : 1961 1960 t 1961


7O0-800
500-600
600-700

500-600#
600-700
500-600

90-120#
90-120
90-120

45-55#
45-55


453.50
44.00
43.25
41.00
41.75





54.00
48.00
39.50


43.00
42.50
42.00
41.00
41.50


40.75
40.00
39.50
39.50

39.75
39.75
38.50

53.00
48.00
44.00


42.00
40.80
40.45
40.45

59.70
59.70
58.56

50.50
47.00
40.50


40.31
39.00
39.50
38.50

39.25
39.00
38.00

-
51.50

37.75
37.75

48.25
39.50
41.50


59.00
57.25
58.00
36.00

57.50
36.00




47.00


59.50

55.75
45.00
45.00


39.25
37.38
38.31
37.44

39.31
38.50


58.00
48.50
42.50


39.85 41.00
39.85 40.75

46.05 50.30
35.70 37.30
38.30 42.00


48.00 46.20

52.00 49.60

32.50 52.60
14.00 16.50


38.00 59.38
38.00 39.58

41.94 46.25
31.75 36.00
33.62 57.88


49.50 52.25

49.50 49.50

33.50 55.50
14.50 15.00


39.00 39.00
39.00 39.00


Fresh pork -
oinal 8-1
Butts 4-8
Spareribe 5# down
Cured pork -
Hams, swk. skd. (Cook
before eating) 12-16#
Bacon, smoked, sliced -
1# package (box lots)
Picnics, smoked (Cook
before eating) 4-8#
Lard, 1# carton


46.38
37.88
37.50


50.25
41.50
40.58


48.00 51.00

53.50 53.25

34.00 52.50
17.50 17.00


46.50 49.50

52.12 51.12

34.50 3355.00
-- 16.75


BULK PRICES CALOT BASIS WEEK ENDED NOVEMBER 17, 1961
---- "i paldfo7.B7i ----- :- r ces"~defrd 1 -"
Classification -enver -New--rE T Mff.djl&a
Choice S000 -.00--9-50-3-.00- -5- -3--5---9.75 4 4-4
-teer
Choice 600-700# 39.00-39.50 38.00-38.25 38.25-39.75 41.00-41.50 41.00-41.50


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

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


39.00
38.50
37.00-38.00
37.00-38.00
36.50-37.50

37.50-37.75
37.50-37.75
36.75-37.00
36.75-37.00

28.50
27.75-28.00

35.00
35.00
35.00
35.00
35.00
35.00


38.00
37.50
34.50-38.00
34.50-38.00
34.50-38.0 O

36.00-38.00
36.00-36.50



27.25-28.50





33.00-34.00
33.00-34.00


38.25
37.75

37.25-38.25
36.50-37.25

36.75-37.00
36.50-37.00
36.00-36.25
36.00-36.25

27.75
27.00-27.25


40.50-41.00
40.00-40.50
39.50-40.50
39.50-40.50
39.50-40.50


40.50-41.00
40.00-40.50

40.00-40.50
39.50-40.00

40.00-40.50
39.50-40.00


Good


Heifer beef -
Choice

Good


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


its -


28.50-30.50
28.25-28.50

36.50-37.50
36.50-37.00
35.00-36.00
36.50-37.50
36.50-37.00
35.00-36.00

40.00-40.50


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


L,54


36.00-37.00
36.00-37.00
35.00-37.00
36.00-37.00
36.00-37.00
35.00-37.00


33.25-33.75
33.25-33.75


38.50-39.50


Choice


Fresh pork -
Loins


8-1z 38.00-39.00


| |m i me m a m m m m WW--W |Mmi | | Ni |Ma. a -





890
MONTHLY AVERAGE PRICE 1/ SLAUGHTER STEERS CHICAGO
CHOICE GRADE

Year : Jan. : Feb. : Mar. : Apr. i May iJune t July s Aug. .Sept. : Oct. t Nov. t Dec.: Av.
Dol. Dol. Do]. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol&
1956 .. 20.n2 18.P8 19.41 20.56 20.70 21.05 22.37 25.P1 27.27 26.08 24.30 21.99 22.30
1957 .. 21.23 20.57 21.26 22.99 23.31 23.48 25.12 25.63 24.98 24.67 25.20 25.98 23.83
195P .. 26.82 27.54 29.90 29.37 28.83 28.07 26.99 26.11 26.70 26.67 26.77 27.19 27.42
1959 .. 2P.13 27.85 29.11 30.33 29.34 28.48 27.89 27.56 27.62 27.19 26.B5 25.57 27.83
196n .. 26.42 26.69 28.08 27.76 27.43 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 24.13 24.34 24.55
---------------------------------------------~--- ~ ----------------


1956
1957
195P
1959
196n
1961


20.01
20.94
26.31
27.81
26.10
27.02


18.P5
20.28
26.65
27.44
26.37
25.84


18.89
21.36
28.28
28.22
27.40
25.32


19.87
22.61
28.59
29.32
27.153
24.73


20.12
22.85
28.27
28.P2
26.75
23.09


ALL GRADES--------------


20.79
23.07
27.67
28.15
25.58
22.30


22.28
24.76
26.75
27.61
25.50
22.23


25.61
25.45
25.91
27.36
24.75
24.01


27.51
24.84
26.65
27.48
24.62
24.21


26.00
24.48
26.70
27.06
24.83
24.46


23.97
25.06
26.79
26.31
26.00


21.65
25.74
27.01
25.26
26.61


22.00
23.48
27.09
27.53
25.93


MONTHLY AVERAGE WEIGHT 1/- SLAUGHTER STEERS
CHOICE GRADE
- --------------------------------------------
Year Jan.: Feb. I Mar. Apr. : May :June : July Aug.:
Lb. Lb. Lb. Lb. Lb, Lb. Lb. Lb.
1956 .. 1,164 1,187 1,189 1,192 1,174 1,163 1,143 1,116
1957 .. 1,176 1,199 1,196 1,178 1,180 1,181 1,154 1,140
1958 1,157 1,165 1,172 1,157 1,156 1,166 1,165 1,164
1959 .. 1,209 1,209 1,211 1,199 1,201 1,195 1,196 1,187
1960 .. 1,191 1,196 1,208 1,186 1,188 1,180 1,186 1,180
1961 .. 1,180 1,180 1,195 1,200 1,204 1,207 1,209 1,199

ALL GRADES


1956 .. 1,154
1957 .. 1,148
1958 .. 1,141
1959 .. 1,194
1960 .. 1,176
1961 .. 1,180


1,166
1,157
1,129
1,187
1,174
1,172


1,151
1,151
1,114
1,168
1,169
1,177


1,141
1,143
1,118
1,149
1,150
1,177


1,125
1,140
1,119
1,162
1,150
1,176


1,134
1,156
1,132
1,165
1,150
1,190


1,125
1,120
1,158
1,166
1,158
1,190


1,109
1,124
1,143
1,163
1,153
1,175


-------------- ---
- CHICAGO

Sept.: Oct.: Nov.: Dec. Av.
Lb. Lb. Lb. Lb. Lb.
1,099 1,113 1,156 1,153 1,152
1,141 1,142 1,138 1,138 1,162
1,156 1,165 1,174 1,192 1,166
1,180 1,160 1,159 1,165 1,187
1,172 1,165 1,167 1,173 1,183
1,173 1,174


1,109
1,126
1,145
1,158
1,152
1,156


1,115
1,131
1,161
1,151
1,153
1,168


1,129
1,138
1,175
1,152
1,164


1,143 1,154
1,141 1,157
1,190 1,144
1,158 1,164
1,166 1,160


MONTHLY AVERAGE COST 2/ -- BARROWS

Year : Jan. : Feb. : Mar. : Apr. : May : June :


AND GILTS 8 MARKETS

July : Aug. :Sept. :


COMBINED 2/
Oct.: Nov.- Dec.- Av-- ,
Oct.:s Nov? Dee. Av,&


Dol..
1956 .. 11.70
1957 .. 17.89
1958 .. 19.26
1959 .. 16.63
1960 .. 12.65
1961 .. 17.353


Dol. Doi. Dol.


12.41
17.16
20.16
15.653
13.56
18.153


13.20
17.25
21.20
15.89
15.55
17.53


15.01
17.95
20.64
16.09
15.96
17.04


Dol. Dol.
16.31 16.68
18.24 19.65
22.03 22.97
16.09 15.91
16.03 16.88
16.37 16.60


Dol.
16.47
20.79
23.12
14.40
17.74
17.87


Dol.
16.87
21.27
21.33
14.65
16.91
18.33


Dol.
16.29
19.54
20.42
15.81
16.59
18.18


Dol.
15.64
17.20
18.88
13.11
17.50
16.85


Dol.
14.90
17.01
18.13
12.61
17.56


Dol. Dol.
16.69 14.82
18.45 18.29
17.86 20.25
11.86 14.64
17.27 15.96


MONTHLY AVERAGE WEIGHT 1/ BmRROWS AND GILTS

Year : Jan. 2 Feb. : Mar. : Apr. May t June t July I Aug. :
Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb.


1956
1957
1958
1959
1960
1961


217
215
219
221
228
225


211
208
214
216
2253
219


- 8 MARKETS COMBINED /

Sept.t Oct, : Nov. I Dec. : Av.
Lb. Lb. Lb. Lb. Lb.


214
210
218
218
222
219


227
229
233
230
232


224


/ 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.





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892


MEAT AND MEAT FOOD PRODUCTS PREPARED AND PROCESSED
UNDER FEDERAL INSPECTION


Product Oct.
S 7
: 1961

Placed in cure -00
Beef 5,557
Pork/ .. 62,045
Other/ .. .32
Smoked and / or dried -
Beef / .. 971
Pork / . 47,949


Cooked meat -
Beef* . .
Pork. . .
Other .


Sausage -
Fresh finished. .


. 0 0


To be dried or semi-dried
Franks, wieners .
Other, smoked or cooked .
Loaf, head cheese, chili,
jellied products. .
Steaks, chops, roasts .
Meat extract. *
Sliced bacon -/ .
Sliced, other I/ g/ *
Hamburger .* *
Miscellaneous meat product.
Lard, rendered .
Lard, refined .
Oleo stock *
Edible tallow .
Rendered pork fat -
Rendered .
Refined .
Compound containing animal fi
Oleomargarine '
Canned product (for civilian
use and Dept. of Defense).


1,077
4,409
98

5,558
2,781
12,647
14,115

4,239
15,458
79
19,277
6,901
6,415
6,308
45,714
32,466
1,545
8,430

1,707
708
at 17,544
3 5,612


45,168


low am g w a


S

S
S


weei


Oct.
14
1961


5,747
66,597
7


858
49,544


1,050
5,967
85

5,328
2,851
12,503
14,232

4,211
15,537
16
20,142
6,756
6,549
6,779
41,614
52,378
1,515
8,403

1,651
1,584
14,926
5,556

55,859

379,586


I/ This figure represents "inspection pounds" a


ended -
T a at


Oct.
21
. 1961
1,000oo#

5,505
68,496
26


854
51,758


1,126
4,142
90

5,631
2,765
12,680
15,901

4,257
14,199
51
20,845
6,719
6,269
6,523
41,592
54,220
1,506
8,767

1,618
725
19,5318
35,872

54,534

389,967
a some of the


have been inspected and recorded more than once due to having 1
to more than one district processing treatment, such as curing
smoking, slicing.
2/ Includes sliced dried beef, sliced sausage, loaves, etc.
Meat Inspection Branch, Agricultural Research Service.


I
I
I
I


Oct.
28
1961
1, 000#

3,711
67,5384
170


1,101
51,704


1,772
5,927
95

5,802
2,844
12,907
15,705

4,565
15,448
51
21,620
6,565
6,484
6,555
41,040
32,238
1,585
8,121

1,665
791
18,446
4,025

57,841

589,732
products may
en subjected
.rst, then


low


Total 3/ 566,411


be
fi








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894


COLD STORAGE HOLDINGS OF MEATS AND LARD, OCTOBER 31, 1961


Refrigerated stocks of red meats totaled 392 million pounds on November 1, up 12
million from a month earlier. This increase compares with a decline of 1 million
during October last year and the 5-year average increase of 17 million pounds. No-
vember 1 stocks of beef, at 171 million pounds, remained unchanged from a month ago.
Average holdings for November 1 are 146 million pounds while the average gain during
October is 10 million pounds. Total pork holdings increased seasonally by 6 million
pounds. This compares with an increase of 14 million pounds last year and the 5-year
average increase of 4 million. Stocks at 154 million pounds compare with 144 million
pounds last year and the November 1, 5-year average of 154 million pounds.


UNITED STATES STORAGE HOLDINGS OF MEATS AND LARD, OCT. 51, 1961 WITH
(Includes holdings in public, private and semi-private
cold storage houses and meat packing plants)


inu dit October
Commodity 1955-60 av.
---- -----------0- lb-.-- -
1y 000 lb.


October
1960
1,000 lb.


COMPARISONS


September October
1961 1961
S"00"lb. 1000 3bI
1,000 lb. 1,000 lb.


BeefI
Frozen . .*
In cure and cured *
Total . .
Pork, frozen:
Picnics .
LHamis .

Spareribs .
Lofns 0 0 0 0



Trimmings . .
Butter
Spareribs 0 ******
Trimmings ******
Other pork .
Total *
Pork in cooler:
Dry salt bellies .
Other dry salt pork .
Other pork cuts o *
Total .


Total pork *


. .*


Other meats and meat products:
Teal, frozen *. .
Lamb and mutton, frozen .
Canned meats in cooler:
Hams . .
Other meats 0
Total all meats *


135,429
10,382


161,677
10,294


157,474
13,161


158,041
12,606


145,811 171,971 170,635 170,647

1/ 4,003 3,568 3,708
T/ 40,079 17,326 24,675
T/ 15,828 5,553 6,599
T/ 1/ 5,324 4,729
TI T/ 2,373 2,392
1/ T/ 2,518 1,663
T/ 1/ 6,732 5,525
T/ T/ 7,728 7,519
T/ 48,757 45,672 44,331
105,314 108,667 96,794 101,141

1/ 3,554 2,045 3,016
T/ 4,456 4,760 3,350
T/ 27,257 24,686 26,893
48,583 35,267 31,491 33,259
153,897 143,954 128,285 154,400

11,095 10,768 8,127 10,101
10,264 12,286 21,019 19,774

2/ (55,859 2/ (62,546 31,023 34,616
( ( 21,735 22,821
374,926 401,505 380,824 392,359


Lard, rendered and refined 3/ 76,207 72,400 99,500 4/
GOVERNMENT HOLDINGS 5/ -
Park 4. .. 4292 2,048 2,745 1,887
Beef . 2,954 2,503 2,340 1,976
1/ No historical data available. 2/ Includes other canned meats. Y In dry and
cold storage as reported by Bureau of Census. 4/ Not available, 57 Government
holdings are included in the totals and consistof reported stocks-held by
U. S. D. A., the Armed Services and otahr Government Agencies.




895


THE LIVESTOCK AND MEAT SITUATION

Approved by the Outlook and Situation Board, November 8, 1961

SUIMARY

The outlook for 1962 is for hog prices to average a little below the 1961 level;
and lamb prices to improve; and an average farm price for all cattle and calves sold
about the same as for 1961.
Some changes in prices for certain grades and classes of cattle are in prospect
for next year. Fed cattle prices next spring and early summer are not expected to
break as sharply as they did this year, but slaughter cow prices are expected to be
lower during the late summer and fall than for the same period this year due to an
increase in cow slaughter.
Cattle slaughter in 1961 is about 1 percent above 1960 but due to a heavier aver-
age weight per head slaughtered, beef production is up about 5 percent from 1960. A
larger calf crop this year, together with larger imports of live cattle than in 1960,
will result in an increase in cattle numbers in 1961 slightly above the 1 million head
added in 1960. Cattle numbers January 1, 1962, are expected to range between 98.5 and.
99 million head.
Cattle numbers and slaughter are likely to continue to increase for the next year
or two. However, the increase in slaughter now in prospect appears to be in line with
the rate of increase of population and per capital income. Commercial slaughter in
1962 is expected to rise to about 26.5 million head-- an increase of 4 percent over
this year. Slaughter next year probably will include more cows and fewer heifers.
A 7 percent increase in this year's spring pig crop has been reflected in in-
creased hog slaughter and lower prices since mid-September. However, the increase in
pork production the last quarter of 1961 will not be sufficient to offset the decrease
in pork production the first 9 months of the year. Per capital supplies of pork for
the year will be about 2.5 pounds below the 65.3 pounds consumed in 1960.
Based on the September 1 survey of producers' intentions in 10 Corn Belt States,
the 1961 fall pig crop will be about 2 percent above last year. All of this increase
is expected to come in the last half of the fall farrowing period. This larger fall
pig crop will provide for a slightly larger hog slaughter in the late winter and early
spring months of 1962.
Marketings for the last half of 1962 will depend on the extent of the increase
in the 1962 spring pig crop. The hog-corn price ratio at the farm level probably will
not drop below the 15-1 level this fall and early winter. A hog-corn ratio of this
magnitude would suggest an increase in next years spring pig crop. Producers
reported intentions in the September survey to increase December-February farrowings
by 4 percent.
Liquidation in the sheep industry has brought about one of the highest levels of
sheep slaughter since 1948. Commercial sheep and lamb slaughter for 1961 totaled
nearly 17 million head--an increase of 1 million head over 1960, which was also a year
of liquidation.
The 6 percent increase in slaughter more than offset the 1 percent larger lamb
crop of this year. Sheep and lamb numbers will be reduced to near 32 million head by
January 1. A winter price rise above that of last year is expected for lambs and a
strong market for early milk fat lambs is in prospect.


Economic Research Service.





UNIVERSITY OF FLORIDA

I1111111111111111111111111liii11111 Ii11111111
3 1262 08735 7660
b- AA% Ju oO pJ.LU


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


OFFICIAL BUSINESS

Form AMS-11/21/61
Permit 1001.


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


SHEEP AND IAMBS:
In


WEEKLY AVERAGE
dollars per 100


OF DAILY QUOTATIONS
pounds


0. a low ----------------------------------------- w -- -- -
S 0 S B U S
Classification Chicago Omaha Kansas, Fort Denver Ogden North
-: .City : Worth Portland
-- -- -- -


SLAUGHTER IAMBS: (Wooled)
Prime Nov. 18, 1961
Nov. 19, 1960
------ ---
Choics Nov. 18, 1961
Nov. 19, 1960


Good Nov. 18, 1961
Nov. 19, 1960


EWES: (WOOLED) All vts.
Good & Nov. 18, 1961
Choice Nov. 19, 1960
--am -- A


- 110# down


16.50
18.05
15.90
17.55

14.75
15.80


4.55
4,75
4a m w


16.70 16.25


15.95
17.05
14.65
15.85


4.38
--.88


Cull & Nov. 18, 1961 4.50 4.12
Utility Nov. 19, 1960 4.50 4.12
FEEDER LAMBS: All vts.
Good & Nov. 18, -1961 14.00
Choice Nov. 19, 1960 16.00
'wu basis. O am am
*!born. basis.


17.00
15.50 15.


16.50
14.50
15.40


4.22
4.62*

5.50
3.82*


- 17.50 16.00 15.58
16.50 M
55 16.75 15.00 15.25


16.55
14.80


17.15
15.62


16.05 15.95


6.00* 5.40*
--* 5.12*

5.00* 4.62*
5.12* 4.12*


-- 11.72 15.50
14.62 16.70
- -m we


15.75
14.12
14.75


5.25*
4 .5m0


16.51
14.50
15.50


4.50
4.88


4.25* 4.00
5.00* 5.75

15.75 12.75
14.50 14.69


896


am




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