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

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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:
AA00008493:00079

Related Items

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


This item is only available as the following downloads:


Full Text






MEAT


WOOL


Avew<


WEEKLY SUMMARY

AND STATISTICS


LIVESTOCK DIVISION, AGRICULTURAL MARKETING SERVICE
U.S. DEPARTMENT OF AGRICULTURE
WASHINGTON 25, D.0.


Vol. 29, No. 55


August 29, 1961


Week ended August 26


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 andLambPrices . .


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


* 6 0 6 0 .
0 0 *
* 0 .
Cattle and
. 0 0 a a 9 .


a a a a a a
a a a .a
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Special to this issue


Stocker and Feeder Cattle and Sheep Received
Selected North Central States, July 1961
The Livestock and Meat Situation, August 191


a* l.-ags


Page

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657
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a a a a a a a a a a
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MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Price trends on slaughter steers and heif-
ers were steady to 500 lower at midwest termi-
nals following similar downturns the preced-
ing week which followed 5 consecutive weeks
of higher prices. Slaughter cows were steady
to 500 lower. Stocker and feeder cattle and
calves were generally fully steady. Barrows
and gilts sold weak to 25f lower at most
points. Spring slaughter lambs steady to $1.00
lower.

SLAUGHTER CATTLE AND CALVES Slaughter
steers and heifers followed the trend of the
previous week and sold steady to 50 lower at
most midwest terminals. Cows were generally
steady to 500 lower but were 25-500 higher at
Omaha and were strong to 500 higher at St. Jo-
seph and Kansas City. Bulls were fully steady
and vealers steady to $1.00 higher at both St.
Paul and St. Louis. Steer and heifer beef
prices were steady to $1.00 lower at major
centers and this proved to be the major bear-
ish factor in the steer and heifer trade. Both
steers and heifers continued to sell within a
very narrow price spread. Weight continued to
be a price determining factor at most points
but not nearly so much as it was several weeks
earlier. Discrimination continued against steers
over 1400# while in most cases, those in the
1200-1500,# range sold in the same general
range as weights 1100# down. Good and Choice
slaughter steers and heifers predominating in
receipts. Supplies of slaughter cows con-
inued rather small and this factor partly off-
set the bearish influence of a general de-
cline in cow beef at major meat centers.
Bulk of the Good and Choice steers sold
from $22.00-24.50 with most Choice from $25.00-
24.25. High-Choice and Prime steers sold at
$24.25-25.00 at most points and from $25.00-
25.50 at Chicago where several loads Prime
brought $25.75-26.00. Choice 1700# steers sold
down to $22.50 in Chicago. High-Choice and
mixed Choice and Prime heifers brought $23.50-
24.00 while Choice bulked at $22.50-25.75. Good
heifers sold at $21.00-22.50. Utility and
Commercial cows moved at $15.00-17.50, Canner
and Cutter at $15.50-15.75.

STOCKER AND FEEDER CATTLE AND CALVES -
There was moderate increase in marketing of
stocker and feeder cattle and calves, however,
supplies were not burdensome. Receipts of
stockers and feeders accounted for 42 percent
of the run at Kansas City and 52 percent at
Sioux City. In many grazing areas of the south-
west and western plains good pasture conditions
influenced producers to hold cattle that ordi-
narily would have moved to market. Overall
quality continued to improve somewhat, although
cattle grading average-Choice to Fancy remained
scarce. Stocker and feeder buyers were fairly


aggressive and purchased moderate numbers of
the fleshy 800-1050# two-way steers. Prices
remained on a steady basis at most markets
although stock steers and heifers were strong
to 25 higher at Omaha.
Good and Choice 800-1050, feeder steers
sold from $21.50-24.50, including Good and
Choice 878# $25.00. A few loads Choice 810-
845#. sold from $24.75-25.00. Medium and low-
Good brought $19.00-22.00, including Medium
825# dairy breeds at $19.00. A few loads
Choice 575-660# stock steers cashed at $26.25-
26.50, most Good and Choice 500-750# stockers
$25.00-26.00, Medium and low-Good $20.00-
23.50, few Common $18.00-19.50. At Sioux City
150 head string Choice 487-637# reputation
stock heifers sold from $26.00-27.00. Most
Good and Choice stocker and feeder heifers
moved from $21.25-25.00, including Good 795#
at $21.25. At Denver few loads 825-850# heif-
ers in high-Good slaughter flesh sold on short
term feeder account at $22.00-22.75. Medium
and low-Good heifers $18.00-21.50. Good and
Choice stock steer calves ranged $24.50-28.50.
Several loads Choice 200-450# $29.00-32.00, in-
cluding Choice 297# $52.00. Good and Choice
stock heifer calves brought $22.00-26.50,
couple loads Choice 290-580# $27.00-28.00.

HOGS Terminal Markets There was a
slight bulge in marketing of hogs at leading
midwest centers, the increase at the 12 markets
measuring around 10 percent compared with the
previous week, however, receipts were 5 per-
cent under a year ago. Mixed No. 1, 2 and 3,
200-26%# barrows and gilts comprised bulk of
receipts. Sows showed a slight dip from a week
earlier comprising 24 percent at Sioux City
and Omaha, 21 percent St. Paul and making up
.17 percent of the 8-market total. Prices gener-
ally moved over a rather uneven course although
changes were not of sharp dimensions. A sub-
stantial rally at some markets on Friday helped
erase much of the earlier declines. As a rule
barrows and gilts were weak to 250 lower,
although prices at St. Joseph and Kansas City
declined 500 in extremes. Sioux City had the
sharpest decline of the week, prices ranging
25-750 lower. Major packers continued bearish
position, resulting in shippers getting a
sizeable percentage of supplies. At St. Joseph
shippers took 48 percent of marketing and 39
percent at Kansas City. Sow prices showed more
stability than barrows and gilts and averaged
steady. The wide spread in prices for sows con-
tinued whereas barrows and gilts continued to
sell within a narrow margin.
On Friday, U. S. No. 1-3, 190-260#
barrows and gilts sold at $18.25-18.75. U. S.
1-2, 190-240# $18.75-19.00, instances $19.25.
Most U. S. 1-3, 300-400# sows sold $15.50-17.50,
400-550# $13.75-15.50, while U. S. 1 and 2






655


250-30Mn sows brought $17.50-17.75.
Steady prices prevailed for feeder pigs;
Good and Choice 140-170/ weights at Sioux City
$15.50-16.00, and at South St. Paul 130-160/
feeders brought $16.50-17.00.
HOGS Receipts in the Interior Iowa-
Southern Minnesota area totaled 281,000 head,
a slight increase over the preceding week and a
small decrease when compared with a year ago.
Barrows and gilts 200-230? made up the bulk
of supplies and sows were estimated about 14
percent of receipts. Marketings were fairly
liberal early in the week and prices weakened
but the movement slowed late in the period and
prices regained most of the early decline.
Prices for barrows and gilts were mainly steady
to 104 lower, instances 25# off, while sows
held fully steady. On Friday, mixed No. 1-3
200-240# butchers sold from $17.50-18.15 with
a limited volume No. 1 and 2 $17.75-18.50. No.
1-5 270-400/ sows brought $14.50-16.75; 400-
550# $12.60-14.75.

SHEEP AND IAMBS Receipts at the 12
markets totaled 85,600 compared with 88,900
the previous week and 88,800 a year ago. Spring
slaughter lambs made up the bulk of receipts
and around 30 percent of the lamb supply at
Denver went on feeder account. Slow trading
and lower prices on dressed lamb continued to
have a bearish influence on the live market and
declines were recorded for the second consecu-
tive week. Spring slaughter lambs were steady
to l1.00 lower with much of trade 50# off;
slaughter ewes were mainly steady with instances
50# higher. Spring feeder lambs sold moder-
ately active at steady to strong prices and were
50-75f higher at Denver.
Choice and Prime 80-115 spring slaughter
lambs sold at $17.50-18.50 at most markets, but
bulked from $18.50-19.50 at Denver and Chicago.
Good and Choice lambs cleared at $15.00-17.50.
A limited volume of Choice and Prime 80-102,J
shorn spring lambs with No. 1 and 2 pelts moved
at $16.00-17.75 and up to $19.00 in Chicago.
Good to Choice No. 1-3 pelt lambs sold from
$14.50-15.75. Cull to Choice shorn slaughter
ewes brought $2.00-5.25.
Good and Choice 50-86,# spring feeder lambs
sold from $12.00-14.50 and some Choice and
Fancy lambs sold at $15.00-16.00 at a few
markets.
Receipts within the Interior Iowa-Southern
Minnesota area during the week totaled approx-
imately 14,100 head about 60 percent more than
the previous week but 20 percent less than
year ago. Spring slaughter lambs closed steady
to weak with instances 50# lower, other slaugh-
ter classes mainly steady.
Choice and Prime, mostly Choice, 80-1051/
spring slaughter lambs delivered to packing
plants brought $16.50-17.00 late with a few
high-yielding lambs $17.25 in a section or so.
Good to Choice lambs went at $14.00-16.00. Cull
to Good shorn slaughter ewes sold mainly from
$2.00-3.50.


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, CALIFORNIA, NEVADA, AND UTAH -
Slaughter steers and heifers slow, steady to 50#
lower, volume of confirmed transactions smallest
in many weeks; stocker and feeder cattle and
calves moderately active, steady, most action
centering on calves; slaughter lambs poorly
tested, few sales steady to instances 25#
lower.
Slaughter steers: In California, load
Choice 1100# $26.00 delivered. Over California
and Arizona, 10 loads Choice 980-1150# $25.50,
including 3 loads delivered; 14 loads Good to
mostly Choice, 960-1150# $24.75-25.00; 65
loads mixed Good and Choice 800-1075#Y $25.75-
24.50; loadlots mostly Good 850-1150# $23.00-
23.50; Standard to low-Good 900-1000# $22.00-
22.50.
Slaughter heifers: In California, 3 loads
950-975# Choice including a few Prime $24.50, 2
loads Choice 925# $24.25. Over both California
and Arizona, loadlots Good to mostly Choice
750-950,# $23.50-24.00 including 3 loads at
$24.00 delivered; Good and low-Choice 750-950#
$22.00-23.00.
Stockers and feeders; For immediate to
October delivery. In Arizona, 525 Choice and
Fancy 350-400# calves, steers $27.00, heifers
$25.00; Choice and Fancy 350-500# mixed calves
over California and Arizona, steers $25.00-
26.00, heifers $25.00-24.00; Good to mostly
Choice 575-825# stocker and feeder steers $22.00-
24.25, some heifers sorted off at $20.00-22.00.
Spring slaughter lambs: Choice and Prime
96-102# shorn with No. 1 and fall shorn pelts
$17.00-17.25, few loads Choice 95-1053 with
No. 2 to fall shorn pelts $16.00.

COLORADO, SOUTHERN WYOMING, WESTERN KANSAS
AND WESTERN NEBRASKA Slaughter cattle rather
slow, steers 50-75# lower, heifers weak to 50#
lower, mostly 25-50# off. In Colorado, 85
loads average to high-Choice 1075-1250,# slaugh-i
ter steers $25.75-24.50, 5 loads 1150# weights
early in the week at $25.25; 85 loads high-Good
to average-Choice 1025-1375!/ $22.75-24.25, bulk
$25.25-24.25; 18 loads mostly average-Choice
950-100 slaughter heifers $24.00; 32 loads
high-Good to mostly Choice 900-975# $23.00-
23.75. In Nebraska, 6, loads high-Good and
Choice 1150# steers $23.00 with 2 loads mostly
Choice 900# heifers at $23.25.
Demand for stocker and feeder cattle and
calves good with the sales and contracts con-
firmed on over 9,200 head at fully steady to
strong prices. Wyoming: Choice 575-625# feeder
steers $25.00, October delivery; Good and
Choice 575-675# $23.00-24.50. Good to mostly
Choice 550-625# feeder heifers $22.50-23.00,
late September-October delivery. Several small






656


strings mostly Choice calves, heifers $25.00-
26.00, steers $27.50-28.00, October delivery.
Colorado: Choice 575-650# feeder heifers
$22.25-23.15, October delivery. Nebraska:
Good and Choice 875-1025# two-year-old steers
$22.50-23.00, immediate to mid-September.
Good to mostly Choice 650-800# feeder steer
yearlings $23.50-25.50. Good to mostly Choice
625-725# feeder heifers $22.50-24.00, mostly
$25.00-24.00.
Slaughter lambs 25-500 lower. Colorado:
Choice and Prime 90-105W San Luis Valley,
slaughter lambs $18.00-19.00. Few Choice and
Prime 82-104# range lambs $17.00-17.60, f.o b
weighing point. Around 350 Good and Choice
75# feeder lambs $15.75. Wyoming: Three cars
Good and Choice 68# feeder lambs $13.00.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Slaughter
cattle were in broad demand, prices firm.
Stockers and feeders active, contracts con-
firmed on 36,400 head, fully steady.
Slaughter steers, 215 Choice, Prime end,
1450-1500# $23.00; 190 Good and Choice 950-
11653# $23.75-24.00; 600 Good, few Choice 825-
1200# $22.85-23.50.
Slaughter heifers, 530 Good and Choice
825-950# $23.00-25.50; 570 Good 675-750#
$25.25-25.50.
Stockers and feeders: Fall delivery,
5,800 Choice 625-775# steers $25.00-24.00;
1,500 Choice 525-550# $24.00-26.00; 700 Good
and Choice 675# $22.75. Heifers, 1,800 Choice
600-675# $21.75-22.00, 150 Choice 520# $23.00;
4,500 Good and Choice 550-775# $20.00-22.00.
Stock calves, October-December delivery,
5,800 Choice and Fancy 475-525#, steers $27.00-
28.00, heifers $25.00-26.00, 575-450# calves,
steers $28.00-30.00, heifers $26.00-27.00;
9,200 Choice 575-450#, steers $26.00-28.00,
heifers $24.00-26.00, few 475-550# $26.00-
26.50, heifers $24.00; 6,900 Choice 500-360#
steers $29.00-30.00, heifers $27.00-28.00;
500 Good 400# steers $25.00, heifers $23.00.
Stock cows, 1,600 Medium and Good $12.00-14.00,
750 Good bred heifers $155.00-150.00 per head;
185 Good cows with calves $255.00-250.00 per
pair.
Lambs Moderately active, steady. Some
10,500 Choice and Fancy 64-67# feeders,wethers
$11.50, ewes $12.00-12.50, small Choice and
Prime slaughter end off at $14.50; 800 Choice
and Fancy 70# ewe lambs $15.00.
Amarillo Area Slaughter cattle mostly
steady, instances 25f lower; stocker and
feeder cattle steady to 50f higher, calves
steady to $1.00 higher.
Slaughter steers, 551 Choice 1400-146Q0
$25.60-24.00 delivered; 254 Good and Choice
850-1125# $25.00-25.50; 82 Good 995-1050#
$21.50-22.00; 40 Standard 9001# $20.00. Heifers,
around 200 Good and Choice 746-925# $21.75-
22.50.
Stockers and feeders: Sept-Oct. delivery,
200 Choice 525 steers $25.00; 840 Choice


675-725# $24.00; 2,000 Choice and Fancy 725-
775# $25.50; 2,500 mostly Choice 650-850#
$25.00-23.75; 270 Good and Choice 700-725#
$22.00-22.65. Heifers, 550 Good and Choice 568-
622# immediate delivery $22.50; for fall de-
livery 1,000 Good 575-700/ $21.85-22.25. Stock
calves Sept.-Nov., 2,000 Choice and Fancy,
425-475#1 steers $27.00-28.00; 400-450# heifers
$24.50-26.00; 1,000 Choice 550-425#, steers
$28.00-29.00, heifers $27.00; 680 Choice 400-
500# steers $27.00-28.00; 600 Good and Choice
400# steer and heifer calves $26.00.

IDAHO, OREGON AND WASHINGTON Slaughter
steers and heifers moderately active, generally
steady; stocker and feeder cattle steady;
spring slaughter lambs steady in Washington
and Oregon but steady to 500 lower in Idaho.
Slaughter steers: Washington, Good to
mostly Choice 1050-1100# $24.50-25.00; Good
and Choice 900-1010# $25.50-25.75; Standard
1150#f $21.50-22.00. Idaho, Good to mostly
Choice 1000-1150# $24.00-24.50.
Slaughter heifers: Washington and Idaho,
Good to mostly Choice 825-900# $25.00-25.50.
Stockers and feeders: In the 5 States,
Good and Choice 600-800# yearlings mostly
$23.00 on steers, $21.50-21.75 on heifers,
current through September delivery. Mostly
Choice 425# steer calves in Washington $26.50
and Choice 450-500# Oregon calves $25.00 on
steers, $25.50 on heifers for October 15-20 de-
livery.
Spring slaughter lambs: Washington and
Oregon Choice and Prime 90-100# $17.50-17.75
delivered and $16.50 f.o.b; same weights and
grades shorn with No. 1-2-5 pelts $15.00-16.35
delivered, mostly $15.00. Idaho, Choice and
Prime 95-105# wooled 616.00 f.o.b. Idaho,
Choice and Fancy 70-79# feeders $15.85-14.00.

MONTANA AND NORTHERN WYOMING Stocker and
feeder cattle and calves were rather slow,
steady to weak. No sales confirmed on slaugh-
ter cattle; sheep active, steady.
Stockers and feeders: Following sales for
late September and mid-October delivery.Montana,
575 high-Choice yearlings, 700-725# steers
$25.00, 650-700# heifers $25.00; 6,250 Good
and Choice yearlings, 700-775# steers $23.00-
24.50, 600-700,# heifers t21.50-22.50.
Stock calves for October. About 275 Choice
575-400# calves, steers $30.00, heifers $28.00;
6,500 Good and Choice 375-450#, steers $25.00-
28.00, heifers $23.00-26.00.
Sheep: Active, steady. Southern Montana,
around 7,000 Good and Choice 75-95# spring
lambs, mid-Sept. to late-Oct. delivery,feeders
$12.75 with slaughter lambs sorted off at
$16.00. Western Montana, 1,200 Good and Choice
feeders for mid-Nov, $15.00. Northern and
Central Wyoming, near 30,000 Good and Choice
65-8Q0# feeder lambs, immediately to late-Sept.
delivery, $15.00-15.75, bulk $13.00-15.50. Band
Good 2-year-old fine wool breeding ewes in
Montana $14.00 per head.








657


WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS


-- T Cattle
Market : Aug. 26 T Aug. 27 :
: 1961 1960 :
Chicago *...... 59,501 42,756
Cincinnati ... 5,110 5,675
Denver ........ 9,185 8,778
Fort Worth .... 8,889 10,562
Indianapolis .. 7,519 7,598
Kansas City ... 18,561 20,587
Oklahoma City 10,599 12,099
Omaha 5........ 57,711 58,142
St. Joseph .... 14,620 16,504
St. Louis NSYT 16,061 16,752
Sioux City .... 30,457 27,449
S. St. Paul ... 21,779 19,952
Total ....... 217,172 224,254
n Aug.19,1961 214,550
INTERIOR IOWA AND SOUTHERN MINNESOTA -


Calves Hogs_
Aug. 26 : Aug. 27 : Aug. 26 Au
1961 1960 : 1961
96 185 27,797
645 700 12,801
48 254 5,976
1,686 1,525 1,455
525 1,280 55,022
1,061 1,575 15,627
1,572 1,440 2,911
412 956 55,525
285 431 20,121
1,922 2,701 48,590
1,217 499 29,559
5,925 5,860 46,154
15,190 15,184 275,298
12,558 250,028


Aug.


Hogs ......
e-Revised Sheep .. ...
STOCKER AND FEEDER CATTLEs
s Week ended


Steers 1001# up ........
901-1000 ........
801-900 .........
701-800 ........
501-700 .........


Total steers
Av. wt. "
Av. cost* "
T* cI e
* I H


n n *

w n H
w R w
w w n
Total calves


10 markets...

* ...
Chicago .**..
Kansas City..
Omaha .......
S. St. Paul..
Sioux City...
Denver .....
Ft. Worth ...
Oklahoma City
S. St. Joseph
St. Louis NST
- 10 markets.


heifers ...
cows ...
-----------


SAug. 24:
: 1961
. 132
. 1,842
. 4,065
. 5,078
. 9,484
. 20,601
715#
. $23.07
22.48
23.19
23.64
21.16
24.03
23.07
21.567
22.96
22.75
22.59
. 10,238
. 4,443
738


Aug. 17
1961
275"
1,705
5,846
4,666
10,920
21,408
707#
$25.00
22.87
235.28
25.47
20.67
24.06
22.51
22.19
22.51
22.92
22.41
10,575
5,711
657


A






1

$:










1


I





1


a Sheep and
ig. 27 1 Aug. 26 l
.960 I 1961
29,167 5,088
15,245 1,658
4,685 25,075
2,282 6,522
57,401 5,792
15,497 4,129
5,350 995
55,795 9,820
20,810 6,460
55,286 6,474
26,857 5,552
49,585 10,400
89,740 85,565
88,959


26 1961 Aug. 19, 1961 Aug. 27, 1960
281,000 270,000 284,000*
14,100 8,800 17,600*
AVERAGE COST, WEIGHT, AND NUMBER
I Month t
Lug. 25: July July ~
1960 t 1961 I 1960 -
220 1, 292 949
1,415 4,401 5,214
5,875 11,555 7,788
4,954 14,608 15,584
9,556 50,061 51,770
9,980 61,917 57,105
711# 710# 690#
21.24 421.55 $21.66
25.41 22.05 25.47
21.57 21.70 21.81
21.65 21.87 22.25
19.77 19.58 21.52
22.79 22.50 25.24
21.75 22.10 23.21
19.26 21.50 20.75
20.11 21.07 20.51
21.17 21.55 21.40
20.92 21.27 22.19
2,264 56,170 56,596
5,125 15,166 9,444
1,258 1,814 2,141


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


ESTIMATED PERCENT OF STOCKER AND FEEDER CATTLE AND SLAUGHTER COWS IN SALABLE RECEIPTS
W Chi-:Kan.: S. Ste:s: ISio*:S.St Indian-:Den- Ft. Okla. Wich-s San
Week ended o tsas 0mahas :Louis:
aCitg:Joseph City Paul lapolis ver Worth :City ita Antonio

Stockers and feeders
Aug. 25, 1961 1 42 16 15 17 32 5 2 9 65 67 48 50
Aug. 18, 1961 1 37 9 18 135 29 5 6 7 65 70 53 50
Aug. 26, 1960 2 44 19 18 7 16 7 5 14 65 75 50 55


Aug. 25, 1961 3
Aug. 18, 1961 3
Aug. 26, 1960 5


11 8
10 9
11 9


Slaughter cows
5 14 5 20
6 12 4 20
11 14 8, 28


10 17
8 18
8 54


25 11
25 12
15 16


21 15
20 15
19 15


lambs
Aug. 27
1960 _
4,048
1,588
28,219
5,816
4,897
4,258
1,001
9,268
5,692
4,889
8,726
10,655
88, 857


H
H









STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER I/

S Nuber of head Percent of total Average weight Average price in
: by grades (pounds) :dollars per 100 lb.
Grade ---------- -- --- ------- -
Week ended
s"Aug. Aug. 25: Aug. 24 :Aug. 25 :Aug. 24 Au. 25 :Aug. 24 'Aug25
: 1961 : 1960 : 1961 :_ 960 : 96_ : 1960 96 : 1961 : 1960
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.....


4,409
18,917
5,292
1,015

414
30,045

263
11,194
5,396
1,016
57
17 L906


8,527
3,359
854
32
12,925

158
2,108
2,988
447

54
5,755


5,554
19,762
6,956
775

152
50,979
159

8,651
6,575
1,151
91
16,625
85

7,005
4,751
858
87
12,766


1,901
2,876
622

15
5,414


14.7
63.0
17.6
3.4

1.5


10.8
65.8
22.4
2.5

.5


OMAHA
1.5 1.0
62.5 52.0
50.1 59.5
5.7 6.9
.2 .6


1,258
1,201
1,063
998

980
1,175

1,205
1,158
1,060
1,046
942


1,122
SIOUX CITY
2.7 .7 1,124


64.4
26.0
6.6
.3


2.4
36.8
52.1
7.7

1.0


54.9
57.2
6.5
.7


mm

55.1
55.1I
11.5
--.
.5


1,175
1,085
1,052
878


1,140

1,144
1,116
1,049
1,052

969
1,074


1,225
1,185
1,075
1,052

1,070
1,159

1,202
1,165
1,055
1,017
914
1,109

1,217
1,158
1,074
1,008
952


1,116


24.97
24.16
23.44
22.38

21.16
24.09

24.25
23.57
22.25
20.92
19.18
25.18

24.35
23.53
22.70
20.68
19.13
23.16


-- 24.57


1,127
1,045
1,025

1,028
1,072


LTs. OUI -NsY -


1,426
3,972
653
m--
121
6,172


1,138
3,650
601
-
71
5,460


23.1
64.4
10.6

1.9


20.8
66.9
11.0

1.3


1,086
1,016
1,014

992
1,031


1,056
1,024
935

921
1,020


25.93
23.25
21.35

19.39
23.23


--i
24.28
23.38
21.73
--
20.18
23.37


26.05
24.74
25.41
20.87
--
18.97
24.50

25.09
25.99
22.67
19.77
17.77
25.21

25.55
235.96
22.57
19.81
17.59
23.19


24.44
22.89
20.78
m--
17.70
25.22



24.50
23.11
20.67

17.86
23.10


m-- ----m --- - -


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


Primeo.........
Choice.........
Good...........
Standard.......
Utility........
All grades.....


-
3,958
2,411
372

6,741



2,677
541
5

3,223


3,015
2,946
215
39
6,215



1,807
629
57
9
2,502


58.7 48.5 1,129 1,132
35.8 47.41 1,075 1,069
5.5 3.5 1,048 1,013
-- .6 -- 912
1,105 1,096
S- -

83.0 72.2 1,156 1,154
16.8 25.1 1,088 1,102
.2 2.3 1,126 1,043
-- .4 -- 1,309
1,145 1,139


Data collected by Statistical Reporting Service, and Livestock Division, A


23.78
22.79
21.16
--
23.30



23.95
22.31
19.00

23.68

.M.S.


24.20
22.75
19.96
16.63
23.36



24.51
22.90
17.65
16.75
23.94






659


WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT


City or Area


Cattle I Calves
I 1961 1960 7 1961 1960Tu'. 27
t1961 2 1960 2 1961 1 1960


MAJOR CENTERS
1 Hoes Sheep and lamba
T: 1961 T1960 : 1961 1960T
1 1961 1960 t 1961 t 1960


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 ..........
Loul, Evanfl.NashI*o 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 ...


12,017
9,047
20,477
18,516
28,495
11,871
29,521
56,295
14,882
24,555
6,991
10,251
18,897
12,250
22,878
25,488
9,115


12,627
8,749
20,584
18,418
50,965
12,164
22,705
58,104
14,522
55,005
7,157
8,507
19,751
11,250
18,510
29,005
7,727


58,450 964,599 248,981
------70025 1012846 255281


Accumulation to date ....10,451,985 1,972,595 55,184,245 8,900,866
10,240,954 2,245,705 57,606,494 8,096,826
* Revision: Week Aug. 19, 1961 owa-So. Minn., sheep 0,813.--------------------------------------------
i evision: Week Aug. 19, 1961 Iowa-So. Minn., sheep 20,813.


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION


Week ended


Beef
* Nun- :
ber : Prod.
Sober t
1_000 mil.lb.
229 *


Veal .
: Numo- a __
Num-u Prod.:
t ber t


- yosk -
iexc1.1F&rd)
Num-: 0*
Nuer I Prod.
ber : 2


iznug-
and mutton-
Num- t P
ber :s d


1000 mil.b. 1,000 mil.1b. 1,000 mil.lb.mil.1b. mil.1b.


12.6 412.1 --
12.6 405.5 --
-- -- 34.5
11.8 404.5 59.6


Percentage change from
Aug. 19, 1961 ......
Aug. 27, 1960 ......
*-


Week ended


-1
2


-Ca
: Live
* Live


-1 12 12 7 6 -2 0 2 --
4- -6 -5 -2- -1 7 7 -2 --
------------r-g5 --bL------------ ---Lard
-. A..VAr3s1 noisht_(jb. . Lard
ttl Iave Sheep Yiel
title Calves Hogs and lambs yield
-- -- I- -- ----- per
*V L t e 100 lb.
Dressed Live Dressed live .Dressed Live iDressed 100 l*


Aug.
Aug.
Aug.
Aug.


1961 ...... 1025
1961 ...... 1025
1961 ...... 1030
1960 ...... 1003


589
589
592
577


235
255
240
234


1/ Actual slaughter. 2/ Excludes lard.


12,510
1,959
5,242
6,274
12,965
1,765

104

1,207
5,425
5,195
1,242
4,865
228
1,089
582


12,147
2,009
4,744
6,994
16,054
1,952

127

6,624
5,815
6,510
1,195
6,546
192
1,075
485


45,527
28,598
116,280
51,495
92,142
75,819
88,248
68,872
29,785
210,551
49,552
21,028
55,540
15,656
15,085
50,242
17,001


44,955
25,566
156,885
52,216
96,115
70,919
75,844
69,619
25,459
257,005
55,904
24,558
54,612
11,292
16,169
24,902
16,050


55,486
4,850
14,420
6,955
11,672
5,585
11,918
12,595

22,170


5,969
54,594
45,055
28,925
9,211


41,471
4,565
15,280
6,564
15,027
4,261
11,758
12,928

51,516


6,695
24,415
24,605
51,495
5,527


Total ...................... 51.,522
-15^528


Aug.
Aug.
Aug.
Aug.


26,
19,
5,
27,


1961
1961
1961
1960


590
395
380
382


229.7
232.7

220.6


Total
meat
prod.


95
85
80
101


Total
lard
prod.


12.5
11.2

15.1


1,150
1,075
1,0335
1,172


157.3
149.0

158.8


275
280
274
256


132
152
136
130


258
241
246
256


137
139
140
155


13.8


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






660


Classification


Steers -
Prime 900-100#
1100-1500
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 -
Choice
Good
Standard


Steers -
Choice
Good
Medium


Heifers -
Choice
Med. & Gd.


All wts. -


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

26 27 26 27 26 27 26 27 26 27
- --- :
Slaughter cattle., calves and vealers


25.22
25.18
24.42
25.80
25.58
22.12


22.85
--,I
20.50


15.92
15.88
15.58
14.18


25.70
25.96
24.59
24.57
22.56
20.81


25.28

18.54


14.75
14.78
14.57
12.54


24.58
25.98
25.10
20.85


25.48
22.20
20.52


16.45
15.85
15.25
14.10


-

24.65
24.50
22.70
20.12


25.70
21.80
18.85


15.40
14.58
15.78
12.85


24.80
24.68
24.05
25.68
22.50
20.85


25.48
21.92
20.55


16.95
16.52
15.52
14.68


25.55
25.55
24.05
24.05
21.98
19.50


25.68
21.05
18.42


15.82
14.78
15.70
12.98


25.98
25.88
21.55
19.00


25.72

18.25



16.95
15.60
14.25


-

24.42
25.92
21.18
17.72


25.88
20.70
17.50



15.08
15.62
12.48


25.58
25.12
25.75
21.00


25.75
21.75
19.25


15.50
15.00
15.25
11.58


-
26.69

25.12
22.12


24.00
25.25
20.75


16.25
15.00
12.75
11.00


19.50 18.62 17.88 17.70 19.55 17.58 -
20.00 19.57 18.12 18.05 19.55 17.00 19.85 17.85 19.19 20.25


24.50
25.00
19.50


22.75
20.50
18.50


24.50
22.00
19.00


20.00
18.00
16.00


22.00
20.00
17.50


25.00
25.25
20.25


21.40
19.25
16.50


25.56
25.50
20.58


22.00
19.00


26.00
24.00
21.00


Stocker and feeder cattle and calves


500-800#
500-800
500-1000


500-750#
500-750


25.75
22.96
19.68


25.75
24.12
22.00


-- -- 25.62
-- -. 20.88


25.20
22.85
19.88


25.50
24.00
21.12


25.62
25.00
19.50


22.75 24.00 25.75
19.50 20.50 19.62


25.75
22.75
19.75


25.75
20.50


25.50
25.50
19.75


25.00
19.75


22.75
21.50
18.00


25.75
20.75
19.25


- 22.25
- 18.75


Cows All wts. -
Med. & Gd.

Calves 500-500# -
Steers -
Good & Choice


Heifers -
Good & Choice


- 14.12 16.00 14.75


-- 28.50 26.00 27.00 25.75 29.25


- 25.25 22.80 24.75 24.00 27.50


- 14.88


- 25.50 24.50


- 21.50 22.25












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662


HOGSt AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/


Week ended


AVERAGE COST -


* St.- Eight
S :. Louis : Kansas' Sioux :S. St. S. St.'Indian- makts.
;Chicago: NatC'.: City : Omaha : City :Joseph : Paul apolis c0-
t : Stock : : a t bined
: a Yards : : : 2 t : t
Dollars per 100 pounds


Barrows Aug. 26,
and Aug. 19,
gilts Aug. 27,
Aug. 26,
Sows Aug. 19,
Aug. 27,


1961
1961
1960
1961
1961
1960


AVERAGE WEIGHT -


Barrows Aug. 26,
and Aug. 19,
gilts Aug. 27,
Aug. 26,
Sows Aug. 19,
Aug. 27,
NUMBER OF HEAD -


1961
1961
1960
1961
1961
1960


18.23
18.50
16.55
15.47
15.40
14.20


223
226
227
390
594
595


19245
16681
18409
5659
4826
5550


Barrows Aug. 26, 1961
and Aug. 19, 1961
gilts Aug. 27, 1960
Aug. 26, 1961
Sows Aug. 19, 1961
Aug. 27, 1960
SOWS -


Aug. 26, 1961 23
Aug. 19, 1961 22
Aug. 27, 1960 25
1/ Weighted average.


18.45
18.45
16.27
15.63
15.56
14.48


213
209
212
396
597
576


40899
57777
49265
3875
5908
4498


18.41
18.55
16.18
15.47
15.60
14.58


18.54
18.65
16.55
15.83
15.88
14.51


18.49
18.65
16.19
15.75~
15.68
14.45


18.48
18.55
16.18
15.66
15.74
14.74


18.27
18.26
16.02
15.57i
15.57
14.17


Pounds


221
221
225
402
599
598


13743
12605
11961
1423
1252
1068


220
224
229
379
581
588


23729
22454
24456
7630
8405
6674


Percentage of tota


9
9
8


9
9
8


24
27
21


222
224
250
374
579
571


21530
17865
19807
6660
7265
5457
.1


24
29
22


222
221
222
378
570
561


16381
15982
17507
2641
2862
2405


14
17
12


219
220
221
373
570
569


31322
22554
55010
8205
7240
8122


21
24
19


18.47
18.46
16.56
15.17
15.06
15.92


219
220
220
420
427
419


27697
25584
50475
3357
5482
5965


11
12
12


18.42
18.47
16.25
15.60
15.57
14.55


219
219
221
385
586
385


194546
169500
206668
39450
59258
57759


17
19
15


AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG,
COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
-- -- ------------- ----------
Week ended Hog products Hog prices 2/ t Gross spread
-- I -- or margin 3/
Aug. 26, 1961 ............. $19.95 $18.51 $1.44
Aug. 19, 1961 *............ 19.78 18.48 1.30
Aug. 27, 1960 ..*....*.... 18.61 16.49 2.12
-J1 -2?-?6-!! ---'!--- --.6!------J1--------.-31----
1/ Value of all edible products, fresh basis (lard rendered) in 100 lb. of live
hog computed from wholesale prices on carlot basis, Chicago, reported by National
Provisioner daily market report.
2/ Mean of daily quotations on U. S. No. 1,2 and 3 hogs, 200-220# wt. Chicago.
3/ Difference between wholesale product value and hog prices.


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

Aug. 26, 1961 .......... 18.23
Aug. 19, 1961 .......... 18.30
Aug. 27, 1960 .......... 16.33
1/ Weighted average. 2/ Simple average.


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


113.2
113.4
118.6


16.1
16.1
13.8


Percentage of iota


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









BOSTON WOOL MARKET REVIEW


Demand continued good for greasy domestic
combing wools in the Boston market as approxi-
mately 11 cars were sold, but trading was some-
what limited due to the scarcity of offerings.
Prices for all classes of wools held steady.
Trade in woolen wools continued about the same
as last week at firm prices. Interest continued
in scoured 56/58B pulled wools of domestic and
foreign origin. Turnover in noils was slow with
prices unchanged in all markets. Activity in
the fleece and territory States had slowed with
interest centered on the sale of fall wools held
at Uvalde, Texas.
Denlers in the Boston market were awaiting
the opening auctions at Sydney and Melbourne,
Australia on Monday, August 28. In South Africa
the opening sale will be held at Port Elizabeth
on Friday, September 1. Little was done in
South America and the New Zealand markets re-
mained closed.
Fleece Wools Graded 64s average French
combing fleece wool sold at $1.16 clean basis
while graded 56/589 staple and good French comb-
ing fleeces ranged between $1.06-1.10 and graded
50/549 staple and good French moved around $1.05.
Territory Wools Graded 64s average French
combing territory wool brought $1.16 clean basis
while graded 60/629 good French combing and
staple California wool sold at $1.16 and original
bag territory bulk fine good French and staple
brought around $1.16-1.17. Original bag half-
blood with some three-eighths sold around $1.14-
1.15, clean basis.
Texas Wools Fall Texas ewes wool sold at
a sealed bid sale mostly between 40-43 to the
warehouse, while some defective fall wool sold
under 40 in the grease. Fall lambs wool brought
44-454 grease basis to the warehouse.
Mohair Small lots of fall mohair sold at
810 for adult and $1.111 for kid to the ware-
house. There was a good demand from overseas
buyers. In the Boston market there was a demand
for 24s mohair tops for worsted consumption.
Foreign Wools Spot foreign wools were
slow. There were occasional sales of Buenos
Aires Nov. 36/40s second clips around 78-79
clean fibers present for shipment. 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.


South
Oil-combed
7 $1.13
8 1.12
12 1.12
47 1.13
48 1.12
52 1.11
53 1.10


Africa
Scoured yields
17 $1.08
22 1.06
23 1.04
27 1.01
28 1.00
32 .99
33 .97


Australia New Zealand
Oil-oombed Oil-combed
72 $1.16 92 92 107 84q
77 1.15 93 890 114 83
78 1.12 834 880 121 82
78A 1.11 100 86 128 82
79 1.09
Montevideo Super Skirted Wools: 64s -
$1.06, 60/64s $1.04, 60s 970, 60/58a -950.
58/568 930, 56/50e 920, 50s 90.

Carpet Wools Turnover of spot carpet
wools was slower than the past two weeks but
prices were strong in all primary markets. A
spot lot of greasy B.A. 36/40s lambs wool sold
around 750 clean fibers present. Greasy N.Z.
carpet fleeces were offered at 790, good style
early shorn wool at 740 and 702/3 crutchings at
690. Greasy B.A. Nov. 2nd clips at 770 for new
clip and 790 for old clip wools, March at 720
and 734 respectively, fleeces at 790 and lambs
wool at 750, all clean fibers present for
shipment.
Woolen Wools Sales follow:
Scoured Pulled Domestic
58/60s fleece 3-3" Ave. to good color $1.02
58s spring lambs 1-2" good color $1.03
Scoured Pulled Foreign
Aust. 58/60s 2-3" ch. wh. $1.12
Aust. 56/589 2-2:3" super style $1.17
N.Z. 56/58s 2-3" ch. wh. $1.12 to $1.15
Scoured Shorn Domestic
(Good color)_
Calif. 58s lambs 80S
56/58s carb. 1-l1" 95#
56/58s lambs 1-2P" 82
Scoured Shorn Foreign
Aust. 60/58s pieces and crutchings good
ave. color, good length 89
Noiles
Super ch. 70s Aust. nobles 97
Choice 70s Aust. nobles 93
Semi-clear 64s Aust. nobles 880
Clear 62s Aust. nobles 890
Ave. 56/58s Aust. nobles 760
Clear 50s N.Z. nobles 744
Clear 64s Aust. Schlums. 720
Semi-clear 64s B.A.Schlums. 600
Clear B.A. 5s nobles 680

CLOSING FUTURES QUOTATIONS Aug. 24, 1961
(Furnished by the Wool Associates of the New
York Cotton Exchange)
October wool tops $1.664
December wool tops 1.658
64s grade 2.55" minimum length
October wool $1.243
December wool 1.262
64s grade 21" ave. stretched length










WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEWS

EASTERN SEABOARD Prices for steer beef
were steady to $1.00 lower; cow beef steady to
$1.00 higher, except some 500 lower at Baltimore;
veal steady to $4.00 higher with prices at New
York fully $2.00-4.00 higher and calf fully
$2.00 higher at that market; spring lamb mostly
steady but declines of $1.00-3.00 at Philadelphia
and some sales 500 lower at Washington; pork
loins at New York mostly steady, instances $1.00
higher and steady to $2.00 lower at other mar-
kets; Boston butts steady to $2.00 lower; fresh
skinned hams $1.00-5.00 higher and spareribs
steady to $1.50 higher.
Prices were steady to $1.00 lower for
kosher steer beef and lamb. The trend for veal
and calf was $2.00-5.00 up, major portion $5.00
higher.
Supplies of steer beef were normal and cow
beef mostly moderate; veal and spring lamb moder-
ate to normal; pork cuts were moderately shown.
Demand was generally good for fresh meats and
clearance fairly complete at the several markets.
Early trade for pork was mostly slow, but chain
buyers were active after mid-period and absorbed
bulk available. Veal moved promptly with most
outlets active while beef rounds, ribs and hinds
outsold chucks and carcass movement was normal.
Some chucks sold 50f lower at the close in New
York, mostly clean-up deals. Lamb turnover was
moderately active with outlet fairly well bal-
anced for carcasses and cuts.

CHICAGO Steer and heifer beef sold 500-
$1.00 lower, veal $1.00-1.50 higher, spring
lamb $1.50-2.00 lower, pork loins and spareribs
steady, Boston butts 500 higher.
Veal supply small but other fresh meat
offerings were generally normal. Choice grade
most plentiful in the beef division and the
largest percentage spring lamb weighed 55# down.
Trading was generally slow on carcass beef.
Arm and squarecut beef chucks continued slow,
with declines of $4.00-4.50 recorded the past
two weeks. Rounds, ribs and loins had adequate
outlets. Veal turned upward again on the basis
of small supplies. Spring lamb slow to only
moderately active at midweek. Stews, shoulders
and ribs outsold hindsaddle cuts as most in-
terests preferred the cheaper cuts. A moderate
demand prevailed for fresh pork after the
initial session.

PACIFIC COAST Steer and heifer beef sold
steady to $1.00 lower, most decline in Los
Angeles. Cow beef was firm to $1.00 higher in
San Francisco, steady elsewhere. Veal and calf


sold steady to strong; spring lamb mostly steady
in California but steady to $1.00 higher in the
Northwest. Fresh pork sold steady to $5.00
lower except hams steady to $2.00 higher. Smok-
ed pork was steady to $2.00 higher, most ad-
vance on hams.
Supples of most meats were about normal,
except veal below normal in California. Demand
fair to poor and trading generally slow.


CARLOT MEAT TRADE REVIEWS

MEBWEST CARLOT DRESSED MEAT SUMMARI -
Steer beef closed 50-$1.00 lower with most
decline on 600-700# carcasses, heifer and cow
beef steady to 50 lower, spring lamb steady
to $1.00 lower, pork loins 500-$1.00 lower,
butts steady to 500 lower, hams $2.50-3.00
higher, park carcasses steady to 55# lover.
Supplies of all classes were normal and
demand moderate. Clearance was generally com-
plete.
Closing prices f.o.b. plant basis.
Steer beef: Choice 600-800# mostly $56.00-
57.00, Good 600-800# $55.50-56.50.
Heifer beef: Choice 500-700# $56.00-56.50,
Good $54.50-55.50.
Cow beef; Canner, Cutter and Utility
$50.00-31.00, instances $51.50.
Spring lamb: Choice and Prime 55-55#
$55.00-56.50.
Pork: Loins. 8-12# $42.00-45.50, butts
$50.00-55.50, fresh hams 12-16# $44.00-45.00.
U.S. 1, 2 and 5 135-155# pork carcasses $25.95-
26.85, 155-175f $25.75-26.70.
Based on reports from major slaughtering
centers at Omaha, Kansas City, Sioux City,
Sioux Falls, St. Paul, St. Joseph, St. Louis
and in the Interior Iowa and Southern Minnesota
area.

CARLOT SUMARY Chicago, Denver, New
York and Philadelphia. At Chicago late sales
of steer beef were steady with the previous
week's close and heifer beef was steady to 250
higher, but both classes were 504-$1.00 lower
at Denver. Steer beef closed steady to 500
lower at New York and $1.00-1.50 lower at
Philadelphia. Cow beef was steady to strong
at Denver, but weak to 500 lower at Philadel-
phia and 50-750 off at Chicago. Spring lamb
carcasses were steady to mostly $1.00 lower.
Trading was slow early in the week but
moderately active late. Part of the early
downturn on beef at Chicago was recovered to-
ward the close.






665


1iOLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS
Weekly average of daily quotations in dollars per 100 pounds
New York 2 Chicago San Francisco Los Angeles
Classification 2 -
i Aug.2- :Aug.27 Aug.26 3Aug.27 2Aug.26 2Aug.27 3Aug.26 sAug.27
1961 : 1960 : 1961 : 1960 :l1961 1?96 261 1 90


Steer beef -
Prime
Choice

Good

Heifer beef -
Choice

Good
Veal -
Prime
Choice
Good
Spring lamb -
Prime
Choice
Fresh pork -
loins
Butte
Spareribs
Cured pork -


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

500-600B#
600-700
500-600

90-1204
90-120
90-120

45-55#
45-55

8-14#
4-8
35 down


Hams, snk. skd. -(Cook
before eating) 12-16#
Bacon, smoked, sliced -
1# package (box lots)
Picnics, smoked (Cook
before eating) 4-8#
Lard, 1# carton

BULI
Classification
Ne-e Ueif --


Choice


Good


Heifer beef -
Choice

Good

Cow beef All
Utility


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

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


weights -


Canner and Cutter
Spring lamb -
Prime 50-


Choice


45-55
55-65
30-45
45-55
55-65


Fresh pork -
Loins 8-12#
-------------


42.45
41.05
41.05
40.55
40.05





59.00
50.90
47.50


44.50
45.05
42.55
41.80
41.80


55.00
50.00
45.00


59.88
58.75
58.75
58.75

59.00
59.00
57.25

56.00
51.00
48.00


41.87
40.57
40.56
40.56

40.75
40.75
58.81

52.50
48.50
46.00


41.00
59.50
40.50
59.25

40.00
59.50




52.00


--
42.00
41.00
41.00
40.00

41.50
40.00




51.00
--e
51.00


40.09
58.97
59.00
58.44

59.62
58.94
-,- ,


41.94
40.19
40.50
58.00

41.69
40.19
58.70


40.00 44.25 59.62 45.50 58.50 40.00 59.75 41.50
40.00 45.80 59.62 45.50 58.50 40.00 59.75 41.50


49.00
57.60
49.85


49.25
58.10
46.60


44.75
54.10
45.50


46.68
55.45
41.68


58.50
40.50
5&.00


48.40 44.45 47.00 48.50 49.25

57.00 50.70 59.50 54.00 61.00


5s.00
46.00
51.00


51.62
40.00
50.50


49.00
40.50
44.88


50.00 49.00 46.50


58.00 59.50


54.88


55.50 50.90 56.00 55.00 55.00 55.50 55.00 32.00
15.25 16.00 14.75 15.75 17.75 17.00 17.38 16.50
-----------------------------------
K PRICES CAELOT BASIS WEEK ENDED AUG. 25, 1961

]R- a --pL :- ever" M= N "ew-orIr 1 adL"E'1Ia
-2j I--------- -- -- -- -- ------ -- -----


57.00-57.50
57.00-57.50
36.00-56.50
37.00-57.50
56.50-57.50
56.50-57.00

56.50-57.00
56.50-57.00
55.00-55.50
55.00-55.50

50.00-51.00
50.00-51.00

56.00-56.50
56.00-56.50
56.00-56.50
56.00-56.50
56.00-56.50
56.00-36.50

45.00-45.50


55.50-56.50
55.50-56.50
54.50-55.00

55.50-56.00
55.50-55.50

55.00-59.00
35.00-56.00



29.50-51.00





55.00-55.50
55.00-55.50


56.25-57.00
56.00-56.25
55.25-55.75
-- ,
55.50-56.25
55.25-56.00

55.75-56.00
55.75-56.00
54.50-54.75
54.50-54.75

29.50-50.25
29.50-50.25


55.75
55.75
55.75


59.00-40.00
58.50-59.00
58.00-58.50
58.00-59.50
58.00-59.50
58.50-59.50


58.00-40.00
58.00-39.00
58.00-59.00
58.00-40.00
58.00-59.00
58.00-59.00


42.50-45.50


39.00-59.50
58.50-59.00
37.50-58.00

58.00-58.50
57.50-58.00


58.00-58.50



52.00-55.00
51.00-51.50

58.00-59.00
57.50-58.50
57.00-57.50
58.00-59.00
57.50-58.50
57.00-57.50

45.00-45.50


# 5#






666


SHIPMENTS OF STOCKER AND FEEDER CATTLE AND SHEEP
JULY 1961

Stocker and feeder cattle and calves shipped into 8 selected North Central
States during July 1961 totaled 258 thousand head, up 4 percent from the 249 thousand
head shipped in July last year. Of the total cattle and calves received in these 8
States during the month, 117 thousand moved through public stockyards and nearly 141
thousand were received direct. The direct movement was 54 percent of the total this
July compared with 49 percent a year earlier. Cattle and calves shipped into these
States during January-July 1961 totaled 2,432 thousand head, up 13 percent from the
January-July 1960 total.
July shipments of stocker and feeder sheep and lambs into these 8 North Central
States amounted to 201 thousand head, compared with 190 thousand head during July
last year--an increase of 6 percent. Of the total received during July, 63 thousand
came through public markets and 138 thousand were received direct. A total of 1,137
thousand head of stocker and feeder sheep and lambs were shipped into these 8 States
during January-July 1961, down 11 percent from the total for January-July 1960.

Stocker and Feeder Cattle and Sheep Received in Selected North Central States
July 1960 and 1961 _/
Cattle and Calves
: Public stock : Direct :Total
State : .yards :
: July : July : July : January-July
: 1960 : 1961 : 1960 : 1961 : 1960 : 1961 : 1960 : 1961

Ohio ........ 3,841 5,580 1,804 1,194 5,645 6,774 43,753 43,641
Indiana ..... 9,485 5,802 11,563 10,623 21,048 16,425 164,702 131,773
Illinois .... 24,787 17,824 25,539 17,643 50,326 35,467 400,347 396,291
Michigan .... 2,922 1,517 904 535 3,826 2,052 26,606 23,413
Minnesota ... 10,292 6,981 17,337 13,337 27,629 20,318 234,968 228,218
Iowa ........ 46,901 50,487 34,785 52,770 81,686 103,257 764,491 926,144
South Dakota.: 7,737 9,015 7,086 15,131 14,823 24,146 103,830 150,821
Nebraska .... 20,355 20,163 23,712 29,240 44,067 49,403 414,591 531,782


Total :126,320 122,730 249,050 2,153,288
8 States : 117,369 140,473 257,842 2,432,083
Sheep and Lambs

Ohio ........ 1,154 1,876 922 4,194 2,076 6,070 20,950 39,666
Indiana ..... 3,913 700 1,416 2,649 5,329 3,349 31,230 16,975
Illinois .... 3,229 5,941 11,886 18,648 15,115 24,589 134,603 112,998
Michigan .... : 658 139 1,326 585 1,984 724 8,675 8,657
Minnesota ...: 6,620 7,207 18,286 14,755 24,906 21,962 173,607 178,349
Iowa ........: 16,603 20,822 67,696 76,043 84,299 96,865 571,158 514,787
South Dakota.: 9,348 15,423 15,912 13,396 25,260 28,819 138,043 134,240
Nebraska ....: 24,455 10,863 6,667 7,894 31,122 18,757 202,636 131,034


Total : 65,980 124,111 190,091 1,280,902
8 States : 62,971 138,164 201,135 1,136,706

1/ Data in this report are obtained from offices of Itate Veterinarians.
Under 'Public Stockyards are included stockers and feeders which were
bought at stockyards. Under 'Direct' are included stockers and feeders
from points other than public stockyards, some of which are inspected at
public stockyards while stopping for feed, water, and rest en route.


Statistical Reporting Service Crop Reporting Board.


Crop Reporting Board.






667


THE LIVESTOCK AND MEAT SITUATION

Approved by the Outlook and Situation Board, August 21, 1961

SUMMARY

A rather modest gain in cattle and calves is anticipated this year, probably
about 1 million more than the record 97.1 million head that were in inventories on
January 1, 1961. A calf crop of 39,658,000 head is expected, 1 percent above 1960
and the largest since 1957.
During the last 3 years cattle numbers have increased 6.5 percent; population
has gained 5.1 percent. Beef production has increased 14 percent. As a result, per
capital consumption of beef has gone up from 80.5 pounds in 1958 to an estimated 36
pounds in 1961.
Cattle feeding this fall and winter is expected to continue large and probably
close to year ago levels. The number of cattle and calves on feed July 1 was 2 per-
cent larger than in July 1960. Cattle feeders reported intentions to market 57 per-
cent of the July 1 inventory during July, August and September. Third quarter
marketing of fed cattle are expected to be about 5 percent larger than a year earlier.
Number of cattle slaughtered in commercial plants was up about 3 percent and
number of calves slaughtered was down about 3 percent during the first 7 months of
1961 compared with the same period in 1960. But the increased weight of animals
slaughtered thus far this year resulted in a 5 percent gain in beef. Cow slaughter
under Federal inspection January to June was 5 percent smaller.
The extent and severity of the current drought in the west is an important
factor shaping the outlook for cattle the rest of this year. Shortages of roughage
in drought areas will tend to limit expansion or even reduce breeding herds, and may
restrict carryover at the end of the year.
Dressed carcass weights of cattle (FI) in the first half of 1961 averaged 9
pounds above last year. Live weights at slaughter were also heavy, up 7 pounds from
the same months last year.
Fed cattle prices this fall are expected to average slightly lower than a
year earlier. They have shown more of a decline during the first half of 1961 than
other classes, due mainly to the gain in beef output.
Barring an unexpected worsening in range feed conditions in the west due to
the drought, a seasonal decline in feeder cattle prices is expected this fall. During
the last 10 years the average price decline for Good, 500-800 pound, feeder steers at
Kansas City during August to December has been about $1.50 per 100 pounds.
Returns over costs during the 1960-61 feeding season in a typical Corn Belt
feeding operation were down considerably in comparison with recent years. The average
return per steer was less than one-third of the previous 5-year average.
Commercial hog slaughter in the first 7 months of 1961 was 6 percent less than
in 1960. In January and February, it averaged 14 percent below 1960, but since then
it has averaged closer to a year ago. Slaughter this summer on a weekly basis has
been averaging about the same as last year. Slaughter supplies the rest of this
summer and fall will come mainly from the 7 percent larger spring pig crop. Therefore,
hog slaughter will probably edge ahead of 1960 rates in coming weeks and then continue
above a year earlier this fall. Hog prices which have been at 1960 levels this summer,
will decline seasonally and be below last fall's prices.
The 1961 lamb crop will probably total 21,532,000 head, 1 percent larger than
the 1960 crop and 10 percent above the 1950-59 average. Commercial slaughter of sheep
and lambs was 12 percent larger the first 7 months compared with last year. Slaughter
for the year will probably be large enough to reduce numbers on hand next January be-
low January 1, 1961, inventories.
The slaughter of an unusually large part of the January 1 ewe lamb inventories
could result in a reduction in breed ewes next year. If this happens, slaughter
supplies would be lowered for several years.


Economic Research Service






668

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


OFFICIAL BUSINESS


Form AMS-8/29/61
Permit 1001.


University of F'lord
Documents L .loida
11-4-59 ibrarlan
LCLS GaThe Unversity Libraries
Galnesvj11e, Fla.


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

SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds


--------------.---.^.- ^
Classification Chicago: Omaha :
... : a .-
-- ------- ------
SLAUGHTEi; LAMBS.:, (Spring) All wts.
Prime Aug'. 26, "1961 19.05 17.48
: AUg. 27, 1960 20.75 19.70
Choic 1 -
Choice A 1g' 26, 1961 17.95 16.68
, Aug. 27, 1960 19.55 18.85
Good,. Aug. 26, 1961 16.20 15.18
Aug. 27, 1960 17.55 17.60
EWES: (Shorn) All -ts.
EWES: (Shorn) All vts.


Good and
Choice


Cull and
Utility
FEEDER LAMBS
Good and
Choice


Aug. 26, 1961
Aug. 27, 1960
Aug. 26, 1961
Aug. 27, 1960

- All wts.
Aug. 26, 1961
Aug. 27, 1960


4.48
4.12
4.40
4.17


5.62
5.12
5.62
5.25


Kansas: Fort :
City Worth :Denver :


Ogden


a a
0


18.25 --
19.05
17.22 15.50
18.18 17.00

15.80 14.55
16.75 16.75


2.70
4.00
2.55
5.00


-- 15.88
-- 17.25


18.84
19.80
17.30
19.02
15.05
17.75


5.25 4.88
-- 4.50
4.75 5.62
4.50 5.28


-- 10.00
-- 12.50


14.55
16.14


17.40
19.00
16.52
18.04

14.72
16.67


5.50
5.50
2.75
2.50


15.24
15.75


: Port-
: land


15.88
-e

15.69
17.28

14.00
16.50


2.88
4.00
2.75
2.75


11.58
14.75


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