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WEEKLY SUMMARY AND STATISTICS LIVESTOCK DIVISION AGRICULTURAL MARKETING SERVICE U.S. DEPARTMENT OF AGRICULTURE WASHINGTON 25 D.C. S-. February 6, 1962 Vol. 50, No. 6 Week ended Livestock Market Reviews . Livestock Market Receipts (with m ly to Feeder Statistics . Estimated Percentage of Feeder Catt 2 Cows in Salable Receipts . Steer Sales Statistics . Slaughter at Major Centers . Estimated Slaughter and Meat Production . Cattle Prices . . Hog Prices . . Hog Purchase Statistics .. Sheep and Lamb Prices . . Wholesale Meat Trade Reviews . Wholesale Dressed Meat Prices . Wool Market Review . . -.-r . . . * . . . * . . .* * * . . . S .* . . a a Special to this issue Barrows and Gilts, 8 Markets Combined Monthly Average Cost and Weight, 1956-61 . Ill Slaughter Steers, Chicago Monthly Average Cost and Weight, 1956-61 . . 111 Commercial Livestock Slaughter and Meat Production, December and Calendar Years, 1960-61 112 Meats Graded or Accepted, by Grades, December 1961 112 Meat and Meat Food Products Inspected When Offered for Importation, December 1961 . 115 Effective Parity Prices, January 15, 1962 114 Prices Received by Farmers, January 15, 1962 114 Stocker and Feeder Cattle and Sheep Received in 9 Corn Belt States, December 1961 . 115 4e0S-WagI MEAT WOOL Page 98 101 102 102 105 104 104 105 106 107 116 108 109 110 MIDWEST LIVESTOCK REVIEW and RANGE AND FEEDLOT SALES Choice and Prime slaughter steers sold steady to 50 lower at most midwest terminals with Standard and Good 250-$1.00 off. Slaugh- ter heifers were generally steady to 500 lower with some Standard to low-Choice 750-$1.50 off. Downturns in the carlot beef trade influenced the declines. Slaughter cows were steady to 500 lower. Feeder cattle and calves were steady to 500 lower at most centers. Barrows and gilts closed steady to 250 higher over most of the Corn Belt with sales steady to 500 higher at Omaha and 50 higher at St. Paul. Sows were steady to 250 higher. Slaughter lambs were steady to 500 lower for the-week. SLAUGHTER CATTLE AND CALVES Prices for slaughter steers and heifers declined at nearly all of the terminal markets and the general downturn was the sharpest for any week since last June. Uneven distribution of receipts and lower dressed meat prices attributed to the down- turn. Choice and Prime slaughter steers sold steady to 500 lower, other grades 250-$1.00 lower. Heifers were steady to 50 lower; some Standard to low-Choice 750-$1.50 lower. Cows closed steady to 500 lower, bulls steady to $1.00 lower. Vealers steady, except St. Louis one of the leading centers $1.00-3.00 lower. Receipts at the 12 leading markets totaled 210,000, little changed from a week or a year ago. The number of slaughter steers and heif- ers sold out of first hands at the 7 markets numbered 107,564 compared with 117,045 the pre- vious week and 116,754 a year earlier. Good and low-Choice continued to make up a big end of the apply and were the most difficult to move. Slaughter steers: High-Choice and Prime OO1100-150# at Chicago $26.75-28.25, bulk on the close stopping at $27.75; most Choice $25.00- 26.50, Good $22.25-24.50. At other midwest terminals a few high-Choice and Prime $26.25- 27.50, mostly $26.25-26.75, Choice bulked $24.50- 26.00, Good $21.50-24.25. Slaughter heifers: High-Choice and Prime $26.00-26.50, Choice bulked at $24.25-25.75 and to $26.00 at Chicago and St. Paul, most Good $21.25-24.00. Slaughter cows: Utility and Commercial largely $14.00-15.50, Canner and Cutter $11.00- 14.00. FEEDER CATTLE AND CALVES Price trends and degree of trading activity at the different terminal markets varied considerably on season- ally moderate supplies of feeder cattle and calves. During much of the past month and a half either extremely adverse weather or snow and ice or muddy conditions in the wake of rain and snow storms have created problems in feed- ing, caring and handling of cattle which varied in intensity from one area to another. This was reflected in an uneven demand in recent past weeks as a result of which price levels between markets at times were somewhat more out of line than usually is the case. At Sioux City and Omaha during the week in review prices were steady to strong; other midwest markets steady to 500 lower; Fort Worth and Oklahoma City strong to 500 higher; Denver steady to weak. Although considerable unevenness existed, buyers generally were inclined to go cautiously in the face of recent downturns in slaughter cattle prices. Feeder steers: Bulk Good and Choice 800- 1050# $21.00-23.50; few Choice 800-850# $24.00- 24.25 while Choice partly fattened 1090# sold at $23.25. Medium and mixed Medium and Good 800- 1000# $18.50-21.50. Good and Choice 550-750# sold largely from $22.00-26.00, few loads Choice and mixed Choice and Fancy 600# $27.50-28.00. Medium 550-700# ranged $18.00-22.50. Feeder heifers: Choice 520# brought $26.50; few loads Choice 600-750# $24.50-25.00, bulk Good and Choice 550-750# -20.00-24.00; Good, fleshy 735# included at $22.00. Feeder calves: Occasional shipments Choice and Choice and Fancy steers $30.50-32.75, one load 349# $35,00; other Good and Choice 300- 550# $24.00-30.00; Choice 450-500# included at $28.25-29.00. Good and Choice 300-500,# heif- ers largely $22.00-26.50, few Choice $27.00- 28.60, load Choice and Fancy 311! $-1.00. HOGS Terminal markets Alternating high- er and lower price trends were the feature of this week's hog trade. At the week's opening, sales were generally higher on the basis of reduced supplies. However, late week marketLngs were fairly liberal and part of the advance was erased. Barrows and gilts finished the week steady to 250 higher at most western Corn Belt markets with sales steady to 500 higher at Omaha and 500 up at St. Paul. In the eastern part of the area butchers were largely steady. Price trends on sows were relatively uniform around the circuit with sales steady to 250 higher. Receipts at the 12 markets at 322,000 head were 7 percent less than the previous week but 14 percent above the corresponding week a year ago. The average weight of barrows and gilts at the 8 markets was 23W', the same as the previous week and was 1# above a year ago. Sows comprised 8 percent of the run at the 8 markets. Barrows and gilts: No. 1-2, 180-240# closed at $17.25-17.75; No. 1-3, 180-250'4 most- ly $16.75-17.25 and up to $17.75 at Omaha and in the eastern part of the Corn Belt. Sows: No. 1-3, 270-400# $14.50-15.75, mainly $14.50-15.25; No. 2-3, 400-55Q/ $13.50- 15.00. Feeder pigs at Sioux City remained scarce without an adequate price test. A small volume at St. Paul was steady, with Choice 130-150# selling mostly at $15.50, few shipments $16.00. Average cut-out value advantage of U. S. No. 1 over No. 5 live basis 200-220/ barrows and gilts was 94# per cwt based on wholesale carlot prices of fresh pork cuts at Chicago Jan- uary 25 to January 31, 1962 inclusive. Hogs Interior Iowa-Southern Minnesota area receipts for the week totaled 554,000 head, compared to 333,000 the previous week and 278,000 a year ago. Price advances on Monday were par- tially erased on later sessions and barrows and gilts closed steady to 15# higher than the previous Friday. Sows were 250 higher and com- prised around 6 percent of total receipts. Barrows and gilts: Most No. 1-3 200-240,f $16.35-17.00, No. 1 and 2, 200-2350# $16.75-17.25. Sows: No. 1-3, 270-400# $14.00-15.25, No. 2-3, 400-550/ ,12.35-14.00. Hogs Interior Illinois Receipts totaled 102,200 compared with 86,800 the previous week and 100,200a year ago. Prices fluctuated throughout period. Barrows and gilts weighing 190-230./ closed steady to 15# lower for the week with weights over 230# steady to 25# lower. Sows were steady to 25# higher. Barrows and gilts: On Friday U. S. 1-5, 190-2304 $16.50-17.00, few 200-22Q? $17.10-17.25. No. 1-5, 230-250# $15.75-16.50. Sows: U. S. 1-5, 250-400# $13.25-15.25, No. 2-5, 400-500# $12.25-153.50. SHEEP AND LAMBS Receipts at the 12 ter- minals numbered 108,000 head, little changed from the previous week but 8 percent over last year. Fairly broad marketing of slaughter lambs In combination with a lower dressed lamb trade influenced steady to 500 lower trends on slaughter lambs. Slaughter ewes were steady to strong. Limited numbers of feeder lambs met fairly good demand and were mainly steady aside from 25# higher at Denver and strong to 50 up at Fort Worth. Wooled slaughter lambs usu- ally comprised 60-90 percent of receipts at terminals. Slaughter lambs: Bulk Choice and mixed Choice and Prime 80-115# wooled early $17.00- 18.00,few shipments $18.25-18.75 but closing levels $16.50-17.50. Choice and Prime 115-125# $15.75-17.00. Good and Choice 78-110# closed at $15.50-17.00. Bulk Choice and mixed Choice and Prime 84-11Q/ shorn No. 1 and fall shorn pelts $16.00-17.00, few shipments fall shorn pelts $17.25; three decks Choice and Prime 94- 1035# lamb with fall shorn pelts $17.50-17.75 at Chicago. Good and Choice 79-108#' mainly $15.50-16.50. Slaughter ewes: Cull to Good wooled $3.00- 8.25. Wooled slaughter lambs comprised around 85 per- cent of receipts. Slaughter lambs: Bulk Choice and mixed Choice and Prime 90-11UC wooled $16.50-17.25 in- cluding a large share at $17.00; Good and low- Choice $16.00-16.75. Bulk Choice and mixed Choice and Prime 85-11C, shorn No. 1 and fall shorn pelts $16.00-16.50, Good and low-Choice '15.00- 16.00. Slaughter ewes: Cull to Good wooled $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 Dir- ect trading on slaughter steers and heifers rath- er slow, steady to weak, instances 25# lower. Delivery dates ranging up to early March. Country transactions on feeder cattle limited with few sales steady. Slaughter lambs about steady in California but trade at a stand-still in inter- mountain area with prices untested. Slaughter steers: California, Arizona and Nevada, 1,650 Choice 925-1200#/ $26.50-27.00, those above $26.50 in California; 9,800 mostly Choice, end of Good 800-12504 A25.40-26.35; 3,550 mostly Good 850-1150-' $24.00-25.40; 1,250 Standard with end of Good 800-1200# $22.75- 23.75. Slaughter heifers: California, 310 Choice 925-950# $25.75. California and Arizona, 800 Good to Choice 800-9504 $25.00-25.50; 400 Good and Choice 800-900# $24.25-24.50. Utah, 40 high-Good and Choice 1000-1025,u $24.00-24.25. Feeder cattle and calves: Steers, 200 Choice and Fancy 400# $29.00; 70 Choice 500# $27.00; 1,080 mostly Choice 580-600? $25.00- 26.00; 120 Good and Choice 6004 ?24.00; 1,500 Good and Choice 800# $24.75; 116 Good 700- $25.50; 686 Medium and Good 700-850# $22.00- 22.90. Heifers, 270 Good and Choice 550# $23.25; 85 Choice 750# $23.00. Slaughter lambs: California, Imperial Valley, 16,530 mostly Choice 105-110# shorn No. 1 pelt $17.50; in northern sector, 550 Choice and Prime 210# fall shorn to full wooled pelts $18.00, 5 percent shrink; 300 Choice and Prime 105# $18.00 guaranteed 50 percent yield. Ari- zona, 3,600 Choice and Prime 105-105# shorn No. 1 pelts $17.50. Feeder lambs: Choice and Fancy 62-94Y COLORADO, SOUTHERN WCIKMNG, WESTERN KANSAS cooled $15.50-17.00, few 65-80# reached '17.25; AND. WESTERN NEBRASKA Trading on slaughter cat- most Good and Choice 60-80# $153.00-16.50. te direct at feedlots only moderately active Sheep and lamb receipts in the Interior as the demand was rather poor and with feedlots Iowa-Southern Minnesota area numbered 27,700 ertrenely muddy numerous operators were reluc- head compared to 25,200 a week ago and 25,600 tant to offer cattle since they are carrying last year. excessive tags. Slaughter steers sold 50-75# Slaughter lambs closed steady to 50# low- lower, heifers 25-500 lower, er. Slaughter ewes were steady. A need for Slaughter steers: Sales were confirmed numbers on late sessions stimulated demand and on 5,100 head. Colorado, early in the week part of the earlier price declines were recovered.average to high-Choice 1100-12507 $26.50-26.75, but late sales mostly $26.00-26.25; high-Good to mostly Choice 1100-1350# $25.00-26.00. Sev- eral loads sold on a dressed basis yield- ing 600-800# carcasses at $40.00 for mixed Good and Choice, also some Choice at $41.00 and Good at $39.00. Slaughter heifers: Sales confirmed on 2,650 head. Colorado, Choice 850-1025/ $25.50- 26.00, few loads early in the week $26.25; high- Good and low-Choice $24.50-25.25. Western Neb- raska, Choice 935-975// $25.50-25.75. Slaughter lambs: Prices fully steady. Sales confirmed on 20,000 head. Colorado, Choice and Prime 100-110&/' wooled $17.75-18.00, several loads 1I:.25. Few loads mostly Choice $17.00. Western Kansas, Choice and Prime 98-107# $17.50- 17.75, few $18.00. Choice and Prime fall shorn $16.50-16.75. Feeder cattle: Contracts confirmed on 3,875 head for late March early April delivery. Western Kansas, Choice 65e-750" steers $23.50- 24.50, few Good and Choice 700-910: $22.00-23.25. Choice 575-625., heifers *23.00-23.50. Colorado, 2 loads mostly Choice 465,' steer calves $26.75. NEW MEXICO, WEST TEXAS, WESTERN OKLAHOIMA, SOUTHWESTERN KANSAS Clovis Area Trading on slaughter cattle slow, scarcity of high-Good and Choice offerings in area feedlots major fac- tor: steers weak to 50 lower, heifers steady to 25# lower. Feeder classes active, consider- able contracting for March and April and some for fall delivery. Price trend firm. Slaughter steers: 65 Good and Choice 1020#/ $25.00; 270 mostly Good 1000-11'CO; $24.50. Slaughter heifers: 250 Good, few Choice, 800-900// $24.25-24.50; 90 Good 825-840# $24.00- 24.25; 400 Good, few Standard, 625-725# $24.00- 24.25. Feeder cattle: Current delivery, 52 Choice 740;' steers $22.50; 100 Choice 618-688,', steers $24.00, heifers $23.00; March-April, 2,400 Choice and Fancy 650-70'-, steers $24.00, heifers $22.00; 250 Good and Choice 500/1 $24.00; 2,250 Good 500-650# $22.50-23.00; October-November, 575 mostly Fancy 750-800# steers $23.00; 400 Choice and Fancy 850'! $22.00. Feeder calves: Immediate, 40 Choice 425'#, steers $26.00, heifers $25.00; 120 Good 478&' steers $24.00, heifers $23.00. March-April 6,300 Choice to mostly Fancy 300-450/, steers $28.00-33.00, heifers $25.00-30.00. Lambs: Trading moderately active, slaugh- ter lambs steady, feeders strong, spots 500high- er. Slaughter lambs, 1,000 mostly Prime 107/, wooled $15.50; 3,500 Choice, Prime end, 90-106#/ No. 1 to fall shorn $15.00. Feeders, 1,600 most- ly Fancy 85-87# wooled $15.50; 4,500 mostly Choice 70-88" wooled $14.00-14.50; 350 Choice and Fancy 74# No. 1 pelt $13.75. Amarillo area: Slaughter cattle steady to 500 lower, feeders slow, mostly steady. Slaughter steers: 6,000 mostly Choice 1100- 1200# $25.50; 127 Good and Choice 1050# $25.25; 60 Good, Standard end, 900#/ $22.50. Slaughter heifers: 300 mostly Choice 925- 975/, $25.00-25.50, late sales $25.00; 225 Good, Standard end, 660-675# through February $24.00; 60 Cutter and Utility cows $15.50. Feeder cattle: Immediate, 40 Choice 600# steers $24.75; 1,500 Good to mostly Choice 600- 700# $25.00-24.00; 100 Good and Choice 780# $23.35; 283 Good 662,# $22.30. March-May, 600 Choice and Fancy 600# steers $26.00; 5538 Choice 750-775# $23.90-24.50; 1,225 Good and Choice 525-700# $23.00-25.50; June delivery, 450 Choice and Fancy 750-775# steers $23.50; nmmediate-April, 500 Choice and Fancy 575-600,# heifers $24.00; 850 Choice 600-650# $23.00-24.00; 1,240 mostly Choice 575-675/, heifers for June $22.50-25.00. Feeder calves: Immediate-March, 196 Good 375-400#/, steers $24.00, heifers $23.00; 150 Good and Choice 500-525-, steers $26.00, heifers $24.00; 159 Choice 490-525. for March, steers $27.00, heifers $25.00. IDAHO, OREGON AND WASHINGTON Slaughter steers and heifers steady to weak. Feeder cat- tle and calves steady. Slaughter lambs steady. Slaughter steers: High-Good and Choice 975-1200'1 24.50-26.00. Oregon, Standard and Good 1100-1 .i0' $22.00-22.50. Slaughter heifers: Good and Choice 740- 1050# $23.00-24.25. Feeders: Good and Choice 1000- steers $23.00-24.00. Good and Choice 550-750# $23.00- 25.00, comparable heifers $22.50-24.00, some for August delivery $21.00. Slaughter lambs: Washington, Choice and Prime 100-107// No. 2 pelt to full wooled $16.75- 17.00; 130/# with No. 2 pelts $15.50. Oregon, Choice and Prime high-yielding 100-106# with No. 3 pelts $17.75-18.00 delivered. Wool: Idaho, 7 or 8 clips early shearing 1962 wools 1/4 to 5/8 blood 47-1/20 to 51# FOB grease basis. MONTANA AND tORFTHEI WYOMING Demand poor on all cattle and calves, few sales steady. Slaughter steers: Southern Montana, 2 loads high-Good to mostly Choice 1100-1125Y $24.75. Feeders: Western Montana, 650 Choice 700- 800# steers $25.75-24.00. Feeder calves: Montana, 1,450 Choice 400- 550,/, steers $26.00-28.00, heifers $25.00; 500 Choice and Fancy heifers for April delivery $28.00, expected to weigh 450Q. Sheep: Fairly active early, slow late. Slaughter lambs and ewes steady, feeder and shearing lambs steady to 500 lower. Slaughter lambs: Montana, 1,000 Choice 105-110# $16.00-16.25, 500 Choice 120/1 $15.00. Slaughter ewes: Northern Wyoming, 1,000 Cull to Good $4.25-6.00 per head. Feeder and shearing lambs: Eastern Mont- ana, 1,000 Choice 92# ewe lambs $17.50; 5,550 Choice and Fancy 80-90# shearing $16.25-16.50; 200 Good and Choice 60# feeders $14.50. Northern Wyoming, 1,000 Good and Choice 70-85# feeders $15.00. Wool: Central msma. pool, 155,000-150,000# mixed fine and half-blood 450 grease basis with 1-5# discount for burry, dirty or broken fleeces. WEEKLI RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS ~. ----~Ca 7 t-Ie - av --- - Market 8 Feb. 3 :Feb. 4 Feb. 3 : Feb. 4 7 Feb. 3 : Feb. 4 t Feb. : Feb. 4 : 1962 1961 : 1962 : 1961 t 1962 1961 = 1962 : 1961 Chicago ........ 35,017 40,615 68 130 34,956 29,767 6,354 7,441 Denver ......... 7,785 8,228 243 201 5,919 4,784 15,444 14,584 Fort Worth 6,601 5,762 1,029 1,641 1,603 2,019 11,148 5,953 Indianapolis ... 7,967 7,340 271 347 32,184 29,097 2,640 2,586 Kansas City .... 19,169 21,002 666 757 15,591 14,122 4,136 3,456 Oklahoma City .. 10,956 7,935 931 716 2,729 3,592 2,077 1,346 Omaha .......... 35,716 37,585 1,695 871 48,010 37,656 12,322 15,831 St. Joseph ..... 14,304 16,435 258 467 21,801 20,089 8,225 8,756 St. Louis NSr .. 14,000 15,941 1,695 1,678 48,378 47,060 6,670 5,762 Sioux City ..... 29,228 27,649 2,898 1,414 43,675 33,659 9,536 9,082 Sioux Falls .... 9,382 6,853 91 403 18,927 14,267 15,622 10,768 S. St. Paul .... 20,051 Total .......... 210,176 213,742 16,206 17,418 321,958 283,643 107,902 99,949 " Jan.27, 1962 211,123 15,521 345,272 109,942 INTERIOR I(dA AND SOUTHERN MINESOTA Feb. 3, 1962 Jan. 27, 1962 Feb. 4, 1961 Hogs ....... 354,000 333,000 278,000* Sheep ...... 27,700 25,200 23,600* Revised. INTERIOR ILLINOIS Hogs ....... 102,200 86,800 100,200 SALABLE RECEIPTS OF LIVESTOCK AT 25 PUBLIC MARKETS MONTH OF JANUARY Market TtTe -- "- a-vs- -e 1962 1961 : 1962 : 1961 : 1962 ~ 1961 : 1962 : 1961 Chicago ........ Denver .....* ., Fort Worth ..... Indianapolis ... Kansas City .... Oklahoma City .. Omaha ......... St. Joseph ..... St. Louis NST .. Sioux City ..... Sioux Falls .... S. St. Paul .... Total 12 markets ... 168,398 168,073 593 52,416 27,498 36,686 80,959 44,136 177,631 71,472 64,334 151,637 50,734 105,380 50,646 27,571 33,295 96,449 47,527 184,016 74,608 70,708 138,654 39,692 86,056 14,139 4,551 1,479 3,020 4,205 3,569 1,419 6,042 12,402 809 35,048 856 168,538 10,384 25,178 9,128 6,880 1,453 140,526 4,149 73,541 5,026 14,830 3,783 247,565 1,991 115,588 7,870 216,688 10,931 214,327 1,129 89,071 35,693 243,064 1,031,281 1,017,295 87,276 92,393 150,408 23,729 9,041 139,945 66,296 14,600 201,117 102,689 233,778 177,615 69,799 223,216 37,721 62,549 48,400 9,920 20,622 5,733 69,316 38,022 28,120 52,368 65,148 74,040 38,859 50,579 32,957 15,010 28,313 8,427 75,268 35,276 31,612 51,901 56,757 70,985 1,555,796 1,412,233 511,959 495,944 Baltimore ...... 10,396 10,081 1,002 1,225 9,406 8,680 276 169 Cincinnati ..... 14,915 14,271 2,296 2,294 51,769 51,889 3,919 3,482 Detroit ........ 20,736 18,562 1,447 1,581 6,228 6,298 12,244 15,959 Evansville, Ind. 10,054 11,055 904 865 45,854 47,229 1,190 1,459 Houston ........ 2,757 2,888 6,683 6,548 97 215 26 7 Lancaster, Pa... 17,010 14,284 2,940 2,758 5,505 7,544 1,452 1,691 Louisville ..... 17,596 16,948 5,396 5,647 28,832 33,154 3,911 5,023 Nashville ...... 7,996 8,084 2,051 2,009 14,584 17,040 820 1,208 Ogden .......... 7,687 10,087 830 1,226 2,207 2,464 5,611 2,640 Peoria ......... 10,049 8,766 504 615 77,102 72,016 6,287 9,332 Portland, Oreg.. 11,573 11,205 1,824 1,574 20,854 10,317 15,538 9,242 San Antonio .... 17,004 19,213 7,780 7,514 4,355 4,215 2,476 3,122 Wichita ........ 26,355 26,137 112 251 15,838 15,463 11,552 12,897 Total 25 markets ... 1,205,409 1,188,876 121,045 126,500 1,838,425 1,688,757 577,261 562,175 INTERIOR IOWA AND SOUTHERN MINNESOTA January 1962 January 1961 Hogs ............. 1,568,000 1,499,000* Sheep ............ 117,500 131,700* INTERIOR ILLINOIS Hogs ............. 430,600 416,800 Revised. 18,397 6,361 8 7J93 48 85 47 531 13 728 14_ 384 I I II II I CDo s -otcM2 I I0 l no 1' Sr--1 to ( to 0m C'l 4o) to 0) CO co l-1 i to to o NO C-2 H ) C0 co I O I - -I 'I --I t' O " ( l|8e 0r 1 H % '2 t0) lE I -1i 0 i 4 m0 s to l 0 o mo to I Io q r- -I C ' B3i 0 S) O 0 11) *. 0 0 0 | HI I toW C ** m I TI 0 0 2 | I. 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N t~O CMo i-lo vCMeOMCM *> *> 33 33333 Uw CM C ) 4o 3 0* m a**O a 142 3 * *** ** ** 4 **1 r OI-^O~~~~ O lrOO EOll Cm~l'r 3 (oc- ~ ~ 1 ... a t o t *** *HMb ** * o e I BE * ^ *l-< *, oI aSS - a> o *ArMr *4 gi3T I acs o o b L|e hA fA 4* &00 B 0 c 3rt B4 >< a) oC4> si oasm c e M *ri I e a p asst* sa s Cn CCCBCett ) T 5 *"* I ^ r-l as 0 wofo2 ^* IS ^ aOa sm ss as c 0 1. I I C o I Lo "P 1.4-L.-to C LOe 0 n rl1 ," 0 00 0 ~M w!4 C C- (0(O oIO l I loe Io o Ia I Cal S0 0.1 I . ** - SI I ,M 0I t C ) t Uo L 1*. 00 0 Sol I -A I I c1 N' C\2 lM 1 ,..- -**I rzlU -I I o, I I I - H I I Ir It1 1M M -- I1 H I I C'(tO r- H HI I I (0) 0 0) H H I I 0 0I I I 000 C-2 C-i C4 to ( ,(0.. I I I I NM C4 -I 0>( ( a *ogf STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER I/ Number of head Percent of total Average weight Average price in Grade y grades (pounds) dollars per 100 lb. Grade --- -------------- ---------- -------- s Week ended F" eb. 1 Feb. 2 Feb. 1 Feb. 2 Feb. 1 2 Feb. 1 Feb. 2 U ? _'_ 9, 191 : _:_ 199J : 1961 : 1962 : 196\ 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..... 2,167 5,136 8.4 17.4 1,246 1,240 27.57 28.19 15,383 15,876 59.5 53.9 1,164 1,180 26.21 26.92 7,124 7,493 27.5 25.4 1,103 1,149 24.33 25.18 871 790 3.4 2.7 1,016 1,036 21.82 22.63 -- 71 -- .2 -- 1,518 21.05 325 115 1.2 .4 1.073 990 19.85 19.90 25,870 29,481 1,148 1,179 25.63 26.58 ----------------------------------------- OMAHA 217 203 1.2 1.1 1,162 1,208 26.62 27.24 8,126 8,405 44.8 47.2 1,165 1,188 25.26 25.82 8,571 8,358 47.3 46.9 1,121 1,140 23.74 24.37 933 661 5.1 3.7 1,078 1,151 20.28 21.29 281 198 1.6 1.1 1,058 1,085 18.97 19.63 18,128 17,825 1,138 1,163 24.24 24.94 SIOUX CITY 153 168 1.1 1.4 1,215 1,179 26.30 27.90 8,997 7,853 66.6 63.7 1,166 1,177 25.23 26.19 3,988 3,906 29.6 31.7 1,107 1,131 23.68 24.50 265 400 2.0 3.2 1,109 1,076 20.38 21.23 98 -- .7 -- 1,046 19.02 -- 13,501 12,327 1,147 1,159 24.67 25.54 14 34 .2 .4 1,028 1,142 26.39 28.00 1,412 1,151 19.8 13.6 1,089 1,142 25.10 26.38 4,692 6,220 65.9 73.4 1,080 1,112 23.51 24.76 771 1,025 10.8 12.1 1,051 1,073 20.82 21.60 233 44 3.3 .5 1,075 1,053 19.00 19.05 7,122 8,474 1,078 1,111 23.40 24.60 ST. W0UINS --- --- ------ -- -- -----------------------------m----------------- Prime......... -- -- -- -- -- -- -- Choice......... 1,100 1,139 17.6 14.9 1,056 1,123 25.27 26.32 Good........... 3,693 4,916 59.1 64.1 1,018 1,052 23.40 24.70 Standard....... 1,060 1,458 17.0 19.0 962 995 21.57 22.08 Commercial..... -- -- -- -- Utility........ 394 151 6.3 2.0 949 903 19.01 18.66 All grades..... 6,247 7,664 1,011 1,049 23.19 24.38 - ---------------- - Prime.......... 44 -- .6 -- 1,152 27.44 - Choice......... 2,704 2,240 35.9 28.3 1,123 1,172 24.68 25.98 Good........... 4,364 5,235 58.0 66.0 1,060 1,115 23.10 24.81 Standard....... 413 450 5.5 5.7 1,090 1,101 20.17 21.06 Utility........ -- -- -- -- -- -- All grades..... 7,525 7,925 1,085 1,130 23.55 24.95 Prime.......... --- --- -- -- -- -- -- Choice......... 2,060 1,689 76.7 70.7 1,157 1,178 25.28 25.83 Good........... 627 684 23.3 28.6 1,060 1,148 23.93 24.69 Standard....... 12 -- .5 1,056 19.62 Utility........ 5 .2 -- 920 18.70 All grades..... 2,687 2,390 1,134 1,168 24.98 25.47 S--------------------Data coll-------------ected by -------Sttistical Reporting Service, and --vestockDivision, A. M. S. _V Data collected by Statistical Reporting Service, and Livestock Division, A. M. S. WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS S Cattle : Calves Hogs 'Sheep and lambs City or Area F eT1961 FT T1b 1TFE 4 1Fb 4 11b S1962 1961 2 1962 1961 : 1962 1961 1962 1961 Boston, New York City Area .... 11,919 Baltimore, Philadelphia ..... 8,001 Cin., Cleve., Detroit, Indpla 19,525 Chicago Area ................. 15,126 St. Paul- Wisc. Areas ......... 28,760 St. Louis Area ................ 11,157 Sioux City-So. Dakota Area .... 52,954 Omaha Area ................... 40,569 Kansas City ................... 15,197 Iowa So. Minnesota .......... 55,519 Lou'l, Evan'l.Nash'l. Mph's ... 6,451 Georgia, Florida, Ala. Area ... 9,544 St. Jo'ph. Wichita, Okla. City. 19,958 Ft. Worth, Dallas, San Antonio. 9,716 Denver, Ogden, Salt Lake City 22,391 Los Angeles, San Fran. Areas .. 25,461 Portland, Seattle, Spokane .... 8,364 Total ...................... 20,172 12,052 8,657 18,946 15,555 27,888 11,108 21,265 57,762 16,141 29,825 5,728 8,208 20,115 10,595 18,716 28,505 7,500 7,757 8,741 43,62.1 1,626 1,967 55,022 5,455 5,971 114,555 6,621 7,282 45,741 18,455 25,579 100,565 1,759 1,489 69,155 -- -- 109,640 141 186 85,575 -- -- 355,149 9,555 9,456 290,054 2,457 2,560 55,291 5,572 5,366 29,065 555 950 47,112 5,052 5,655 15,786 98 252 16,221 1,121 1,688 55,804 502 250 17,551 60,018 1,157,703 45,896 52,472 125,475 40,527 92,614 65,252 88,716 72,561 50,177 246,525 56,512 52,977 40,184 15,320 14,925 25,076 14,679 55,574 5,272 12,551 7,552 25,792 5,656 15,665 18,567 42,574 -- 11,576 22,547 40,719 54,095 5,715 277,049 41,556 5,105 14,861 6,412 21,436 5,118 16,407 19,579 55,2553 11,111 15,201 27,562 29,758 4,555 296,140 71,550 1,057,668 251,274 Accumulation to date ..... 1,604,664 350,709 5,728,571 1,384,822 1,506,373 556,867 5,567,456 1,507,549 ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION ---.-----------__- _-----------y--- PQ---7~"aE - B e PoFk :7 -Irm s - Beef Veal exc._ lard), and itton : Total I Total Week ended am-- Nm mum- meat I lard Sher rod er : ": hber : Prd ber : prod. I prod. -' -0-1,000 mil.lb. l,0~ mil.lb. 1,000 mil.1b. 1,000 midl.Tbmril.b.'Amil.b. Feb. 3, 1962 ........ Jan. 27, 1962 ........ Jan. 15, 1962 1... Feb. 4, 1961 ..... 251.5 244.4 221.9 10.1 11.5 11.6 1,515 185.8 1,570 191.5 1,565 -- 1,205 165.0 14.8 440.0 14.5 461.9 14.5 412.8 Percentage change from: Jan. 27, 1962 ....... -5 -5 -10 -12 -4 -4 2 2 -5 - Feb. 4, 1961 ........ 6 4 -12 -15 9 11 5 5 7 - SAveraRe _egght b(Ib)_ : Lard Ave-Sra aig~t.ibL)---------------- Week ended Cattle Calves Hogs andlabs field Dressed .00per Live LDressed. Live Dressed. Live Dresed Liv Dressed 100 b. - -e m ~ m n u --me m m Feb. 5, 1962 ........ 1040 Jan. 27, 1962 ........ 1045 Jan. 13, 1962 ........ 1045 Feb. 4, 1961 ........ 1055 112 259 115 259 115 240 114 256 1/ Actual slaughter. 2/ Excludes lard. -- 42.8 58.8 15.6 Classification Steers - Prime 900-1100# 1100-1300 Choice 900-1100 1100-1500 Good 900-1100 Standard Heifers - Choice Good Standard Cows - Commercial Utility Cutter Canner 700-900# 600-800 Bulls Trlgs. excl. Commercial Utility Calves 250-500# Choice Good Standard Vealers 150-250# Choice Good Standard Steers 500-800# Fancy Choice Good Heifers 500-750# Choice Good Calves - Steer - Fancy 500-550# Choice I n Good 500-500# Heifer 300-500# Fancy Choice Good *Mediun and Good. CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS In dollars per 100 pounds _ Chicago Kansas City Omaha : Denver : Portland . Feb. : Feb. Feb. : Feb. : Feb. : Feb. : Feb. Feb : Feb. Feb. Feb. 3 4 5 4 3 4 5 :4 3 4 . 1962 1961 1962 1961 1962. 1961 :1962 1961 1962 1961 Slaughter cattle, calves and vealers 27.20 27.70 26.05 26.20 25.75 21.60 25.68 20.60 14.75 14.42 14.20 12.62 28.50 27.55 27.20 26.30 24.92 22.10 26.20 21.58 16.52 16.40 15.65 14.25 19.40 19.80 19.40 19.80 26.12 25.90 27.80 25.20 21.10 27.12 24.75 25.55 25.20 25.22 20.52 24.70 22.92 20.05 15.75 14.82 15.75 12.25 - 26.20 25.95 24.02 20.92 25.12 22.98 19.85 16.50 15.60 14.85 13.85 26.92 26.85 25.70 25.62 253.45 20.75 25.52 23.12 20.38 15.50 14.62 13.352 12.25 27.75 27.65 26.52 26.18 24.12 21.50 25.70 25.55 20.85 16.35 15.52 14.62 13.78 1- 25.58 25.58 25.00 25.18 15.70 14.62 15.25 18.10 17.75 18.25 17.88 -- 18.40 18.00 18.25 18.00 18.75 25.80 21.90 19.70 26.00 25.50 21.00 25.50 21.15 19.00 27.50 24.50 20.10 - 25.98 25.86 25.12 20.00 25.15 22.68 19.50 15.62 15.50 12.62 25.75 25.56 24.25 21.62 24.00 22.50 19.75 15.50 15.44 11.88 18.10 20.75 29.50 27.50 22.50 25.50 25.00 20.25 25.30 22.45 19.55 5- 2.50 - 50.00 - 25.00 Feeder cattle and calves 26.70 25.45 25.75 - 26.55 24.00 26.12 24.12 - 26.75 24.62 27.25 26.00 23.00 - 23.62 23.50 24.50 24.25 24.75 - 21.50 20.00* 22.75 20.75* 21.75 -- 29.85 27.70) 24.65) -- 26.50 24.50) - 22.75) 51.75 - 28.00 28.50) 29.25 24.75) 29.00 -. 24.75 26.00) 25.25 23.25) 52.75 29.50) 27.00) - 25.88 24.00 24.25 21.50* 1- 24.25 22.50 - 19.00* 29.50 264.00) 24.75 24.00) 51.50 - 26.75) 27.00 26 .00) "" 22.50 26.00 25.25 24.12 20.88 25.62 21.88 19.50 17.00 15.00 15.50 11.75 19.50 22.50 19.25 29.75 27.25 25.00 -- 24.50 22.50 I I I a l 0 I am-l I (0 011 1H 0P OIQCO) I ( ato a0 q) HI I m 0 "2 - I I" I I H* H I L O t o a) rI .) Id H4 z 0 H** s P H 1 o9 to m l I I I I M Ul l *- .. -. *. .... I I I m H I4 ID (0| 3 H Gs)< w. P 0) to c_ rt *I o ce l H I i.. .. .. .. .. 0 I. 4 1'a (01 0o . rX eve 8.H I Q I** I % COI o)[ H.|>( i r10'. H I 0I. CI IJ40d 02 t n pm HI ri 4,. o a**e ***i I vo* Hj wa -I< o oi| M' H I I rm ** ** ** I opg m' ^ |o g Bh H| I S I C I **- (D d * lJ^ am I | I ** - g) Ilx HI QI o I* ** 1 14 I *I I 0 \ CO '( ^H 10 00 0 CO 00 00 HHH H CO t0 H H H r-IHH C00 D 2 1 I 1O CH-I C- CO< HHH H N g w M 0(0 M00 w CD 00 10 CMC0 HHH HHH C00 M H 10U CD0C'- ID 00(0 HHH HHH CO H 000. t4 CO 00 w 000 HHH HHH CM20 O M 0 OH0 HHH HHH C'-C'--> C-- (D 0w ~ to o L to CD nD CO (0(0 He H COEC- E- H HH 10 < 0 (0! O HMHH CD- H HHr 100 * * Li t~ U! CO-I HHH 80(0 8CO0 *** ** * m * H H I02(0( I 0- (0 *** CO C H H 10- C- C- H H H C- C- C( HHH Hoo H H H H00 CJ- r-H H t- o 0 HHH co C CM HH 444 N 0 4 r- o IH w000 o 0 0 0 H cv0 1M CV . 4 bD I I I 'U HOOO0C10 0 IO (000M 0 0M1 m m 0a 2 CM M 0 00 I O(0 O o0 0 .. .1 'o co > en c 10i R HH H H- i H H a 8 LO 0 U) O 01-4 CM6CD c) -2t'- zP CO ~COC' (H 0(0.a4 HHH HHHI~ H rI. H C o Co 0C 0 -2 O LO101 I H H HHH lI (0CZ0 (0o0(1 I 0COD0 0 0 CO 1 4 0 0 CO O- tO 0P 0 -0 H-( 4D I HHH HHHli H H- H tE- OD 0 LO C'.ISC Lt).H LO I) 00 O C CD CO ) tO H HHH HHH (H oI mes om | HHH HHHi 0* *1 H C Loll C O C 0 :C4 r-C'-'-I H o) I I an .. nnn.. .s . H-f 1044OD o0 o U0(0CO E 0- 0 W & HHH HHI HH I on use a HH4 OD 00 00 m- CD I rH H I) L- I (0 1 H H 00O IG H HH 000 HHH HHH 0C 00 0 HHH )co o *r H CH (0) CD HHH HHH I I O D com o OD LO HCO 1 01 a 0..5 I I CM 0 .H .. H. . "CO (00o 0oC 0 I CDo'" CDO 0O OD 00 CO0E- D w 0( ; 00 C(0 C;m HH H H-I H I HHH HHH 2 R O 00 400 O H H t0 OC2 I EC- 0C'-0 CC- C1oH HI O C.I'- . C -Co-CO i I ii E- c-E- c- L HHH HHH 0 HHH HH i 0I I COHo O0n2(0 I 3(0(0 02002 COCOC'- D0(. 0 H ,, 0.0C'. r-HHH HHr-IH U I HH -HHH N CM2 C04 W CM2 C1 CM 8M H c CM2 HHH 4HHH HH HHH C C-,H CE-C 0.2 4 .. ' E0 -t O 0 4b 0(0 0 m Co 0 0 HHH HHH .o HHH HHH I I D 0 (D U a ** E- -* t- E- L- QD 002( *(0lCO 000r M 020( I(3O VO t (( 2 OOCO.1 ( (CD (0(0 0 I c(0(0 t;Cto HHH H HI HI rHH HHH S C 'a) 02(0 |1 (0(0 0 C00of HHH HH H HH HHH ( I I *1 I03 ** o) Ie I em o = 0 0 0 I00 0 40C-280090000 *0 ** 'tOI *- 00 000* 0C2 CM CM 1 WM t (0o 02 2 C W CCC 0o o o V)<* o l it n w o e w-t r I I 1 0 E II Soo 800 1 100) I H- H H II m w o o I HH HH H - I 0o 3 I I I II COI H -I I 01 C000 I (L0 U)0 1 0 0 CO I HH HWH 00 03 0 0; o0 II r-HH 0o a I 0o 00 o 0 0 I cH 0O LAO 0 U -IHH HH H I H **00 0 I H(0 I C- H I *e * HH H(000 H 'r I So2CO I **. I HHH I nan.. ... -.i I 00 I (00 I H H (0 0 0 0 10 II *H*H *8 I HHH HH I C r-0 H HO H .w4..40 U-4 ( r. .1 It CM0( 0 10 ( V'-I CM 0( 0D CM 20 ) I I HHH HIHH i I o0 co w- ( ) -I HHH HHH H .a I M 0 0 1o00 C I | 0o 0e00V I HHH H I HII I (0 HI .O 02 2 0w ( .1 ali 0 I a o t I Il) .0 P 5 iI HOOS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES I/ -------- _-------- --------------- --- -------- t St. : S t I e: Louis i Kansas: I Sioux IS. St. t S. St.:Indian- Week ended Chicago: Nat'l.: City Cit Omaha City Joseph : Paul apolis : a : Stock : : a Yards : : : : a : t AVERAGE COST Dollars per 100 pounds Barrows Feb. 5, 196k and Jan. 27, 1963 gilts Feb. 4, 1961 Feb. 5, 1962 Sows Jan. 27, 1962 Feb. 4j 1961 AVERAGE WEIGHT - 17.09 17.19 18.05 15.65 15.96 15.19 16.95 16.80 16.79 16.67 17.02 17.28 17.01 16.91 16.83 17.20 18.14 18.28 18.10 18.08 18.22 14.19 14.45 14.31 14.40 14.60 14.45 14.53 14.53 14.355 14.59 15.28 15.47 15.74 15.62 15.78 Pounds Barrows Feb. 5, 1962 255 221 231 236 244 and Jan. 27, 1962 251 224 229 238 244 gilts Feb. 4, 1961 257 220 250 245 242 Feb. 5, 1962 454 450 441 452 449 Sows Jan. 27, 1962 455 431 429 440 452 Feb. 4, 1961 454 414 444 452 455 NUMBER OF HEAD - Barrows Feb. 3, 1962 27768 45554 15619 40525 58619 and Jan. 27, 1962 29017 44829 16457 46541 40731 gilts _Feb. _4, 1961 22456 40762 12857 52587 29429 Feb. 5, 1962 2849 5424 1541 4588 2780 Sows Jan. 27, 1962 2722 53349 1126 4469 5104 Feb. 4, 1961 2629 5495 878 3243 2491 SONS Percentage of total Feb. 5, 1962 9 7 9 10 7 Jan. 27. 1962 9 7 6 9 7 250 226 232 412- 406 434 16.50 17.19 16.52 17.40 17.69 18.20 14.13 14.29 14.22 14.66 15.22 15.40 254 252 251 429 428 421 228 229 227 454 458 463 107 Eight mkts. com- bined 16.85 17.00 18.06 14.22 14.40 15.45 233 235 232 -442 457 441 18817 56715 27552 247169 21614 45990 25976 268955 18069 36959 25145 218022 1811 5128 2555 22274 1857 5477 2964 23048 1454 2578 2426 18994 9 8 8 8 8 7 10 8 Feb. 4, 1961 10 8 6 9 8 7 6 9 8 W/ Weighted average. AVERAGE WHOIESAIE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG, COMPARED WITH PRICES OF LIVE HOGS, CHICAGO Week ended Hog products 1/ Hog prices/ t Gross spread Feb. 5, 1962 ............... $18.48 $17.50 $.98 Jan. 27, 1962 ............... 18.60 17.56 1.04 Feb. 4, 1961 ............... 20.10 18.60 1.50 I/ Value of all edible products, fresh basis (lard rendered) in 100 lb. of live hol computed from wholesale prices on carlot basis, Chicago, reported by National Provisioner daily market report. 2/ Mean of daily quotations on U. S. No. 1,2 and 5 hogs, 200-220# wt. Chicago. ?/ Difference between wholesale product value and hog prices. HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO : Barrows and a Corn 2/ t Hog-corn Week ended : gilts 1/ a No.3 yellow a price ratio a Dollars per : Cents per a based on : 100 pounds a bushel : barrows and gilts Feb. 5, 1962 ............. 17.09 108.7 15.7 Jan. 27, 1962 ............. 17.19 107.8 15.9 Feb. 4, 1961 ............. 18.05 115.8 15.9 -- Weighted average. 2-/ Simple average. 2/ Weighted average. 2/ Simple average. WHOLESALE MEAT TRADE REVIEWS LESS THAN CARLOT MEAT TRADE REVIEW EASTERN SEABOARD Steer beef prices were mostly steady to $1.00 lower. Cow beef was 500- $1.50 lower. Veal sold steady to weak except at New York where both veal and calf were $1.00- 2.00 lower. Lamb was steady to $2.50 lower, and. mostly $2.00-2.50 lower in New York. Pork loins were steady to $3.00 lower; spareribs strong to $1.00 higher but at New York ribs sold steady to $1.00 lower. Other pork cuts were mostly steady, instances weak to $1.00 lower at Baltimore. Prices for kosher steer forequarters were $1.50-2.00 lower; kosher lamb $1.00-5.00 off, bulk $2.00-3.00 lower; kosher veal steady; calf weak to $1.00 lower. Receipts of all classes were normal and. fully adequate. Trading for beef was generally slow, and demand only fair. Demand on carcass beef was only fair, but fairly good for rounds and chucks at all points other than Philadelphia and New York. Ribs were steady under fair de- mand. Some beef was carried at all points. De- mand for veal and calf was rather poor, with clearance incomplete at some markets. Calf supplies were increased at New York, and proved excessive, with prices mostly $2.00 lower. Lamb was fairly active except at New York, where there was poor demand and clearance, and prices were sharply lower. Demand for pork rather poor, particularly on loins, and clearance was incom- plete at New York and Philadelphia. CHICAGO Steer and heifer beef sold mostly 500-$1.50 lower, veal steady, lamb steady to 50# lower, pork loins 8-16# 500-$1.50 higher, Boston butts 4-8# and spareribs 3# and down steady. Veal continued in small volume but other fresh meat offerings were normal. Supplies of beef in the main were Good to low-Choice as high- Choice and Prime were rather limited. Lamb weighing 55-65# was the most plentiful. Trading on carcass beef was slow. Rounds, which moved at a brisk pace the past two weeks, slowed considerably and prices declined as much as $3.00. Ribs were slow but loins and equiva- lent fabricated cuts cleared fairly well. A slow early chuck trade turned fairly active Wednesday but outlets narrowed again and undertone was weak at the close. A limited veal supply sold steady in a slow trade. There was a moderate demand for lamb with the best activity early. Lamb legs, stews and shoulders cleared readily but sellers encountered difficulty moving loins and particu- larly ribs, and ribs sold weak. Trading was fair for Boston butts, pork loins and spare- ribs slow but loins ended higher on the basis of advanced replacement costs. PACIFIC COAST Carcass steer and heifer beef sold fairly active, steady to 50# lower, occasionally $1.00 off on Standard and Good in the Pacific Northwest. Cow beef was slow, about steady and bull beef was steady to 50? lower with the decline in Southern Cali- fornia. Calf was slow under a narrow demand, steady in California but met good demand at steady price levels in Portland-Seattle; veal was untested in Los Angeles, steady in other areas. Lamb sold in generally slow trade, steady to $1.00 lower in California but was fairly active, steady to $1.00 higher in the Pacific Northwest. Fresh and cured pork items were slow, steady to $2.00 lower with most decline on fresh loins and smoked hams. Moderate to liberal offerings of all classes of meats except Choice steer beef below normal in California. CARLOT MEAT TRADE REVIEW CHICAGO, DENVER, OMAHA, NEW YORK AND PHILADELPHIA Demand was poor and trading slow on normal supplies of beef and prices declined sharply. Choice steer beef was 500-$1.00 lower and Good grade steady to $1.00 lower although extremes on both grades were as much as $1.50 lower at Chicago. Heifer beef was 500-$1.50 lower, mostly 50#- $1.00 lower at shipping points. Cow beef sold steady to $1.00 lower. Clearance was generally complete on heifer and cow beef but incomplete on steer beef at some centers. Normal supplies of carcass lamb met poor demand and prices were steady to $1.00 lower, mostly 500-$1.00 lower. Clearance was generally complete. Trading was moderately active on pork products under fair demand. Pork loins at Omaha were mostly $1.00 lower, however, a late price advance left closing quotations $1.00-2.00 higher at Chicago. Pork butts and 12-16# fresh hams were steady to 500 lower. Pork carcasses were steady at New York but 25-500 lower at Philadelphia. Clearance was generally complete. BOLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS Weekly average of daily quotations in dollars per 100 pounds l New York Chicago San Francisco Los Angeles Classification- --- - : Feb. 5: Feb. 4 :Feb. 5 :Feb. 4 :Feb. 5 :Feb. 4 :Feb. 5 4Feb. 4 : 1962 : 1961 : 1962 : 1961 : 1962 : 1961 : 1962 t 1961 Steer beef - Prime Choice Good 700-800# 600-700 700-800 500-600 600-700 Heifer beef - Choice 500-600f# 600-700 Good 500-600 Veal - Prime 90-120s# Choice 90-120 Good 90-120 Lamb - Prime 45-55sf Choice 45-55 Fresh pork - Loins 8-14 Butts 4-8 Spareribs # down Hams, sink. skd. - Cook before eating 12-16# Fully cooked 10-14# Bacon, smoked, sliced - 1# package (box lots) Picnics, smoked (Cook before eating) 4-8# Lard, 1# carton 45.20 45.45 44.20 42.70 43.20 63.80 55.80 49.50 46.20 46.85 45.62 45.70 44.45 65.00 57.50 51.50 43.45 42.70 41.50 41.00 43.00 43.00 40.25 60.00 57.50 52.00 m-- 45.75 44.25 45.75 45.75 45.75 45.75 42.12 65.50 60.00 55.00 43.12 42.50 42.00 40.75 42.50 42.50 41.00 56.00 4-.00 40.58 41.25 39.62 40.00 59.50 ... ' 42.84 41.94 42.12 40.62 42.50 41.50 -- 41.50 40.00 40.50 39.25 41.00 40.00 39.50 39.10 40.10 37.44 58.88 38.62 39.75 39.94 41.00 39.10 59.60 37.44 58.88 38.62 39.75 39.94 41.00 46.50 37.25 40.60 47.00 48.50 48.75 58.50 43.50 47.00 48.50 44.05 34.00 37.50 45.00 55.75 59.50 50.75 51.25 54.25 50.25 42.50 44.00 50.75 40.00 44.50 51.50 50.50 -- -- 46.75 39.50 39.00 46.62 40.00 42.58 52.25 46.88 51.00 49.00 50.'75 56.00 52.50 57.00 49.88 54_50 34.00 55.00 35.50 54.50 33.75 31.50 33.88 33.00 13.00 16.25 13.75 15.00 17.50 17.50 16.50 16.75 BULK PRICES CALOT BASIS WEEK ENDED FEB. 2, 1962 Prices sai P.O. B. ecdIre Classification (sf- Na ~rwo- Tor ThIl d-- S_------------------- ....--- --- -M-m-- VP-* s eer ~f - Choice Good Heifer be Choice Good Cow beef 600-700# 700-800 800-900 500-600 600-700 700-800 ef - 500-600# 600-700 500-600 600-700 - All weights - Utility Canner and Cutter Lamb - Prime 55-4 Choice 5# 45-55 55-65 55-45 45-55 55-65 41.00-41.50 40.50-41.00 40.00-40.50 58.50-59.50 58.00-59.00 58.00-59.00 40.50-41.00 40.50-41.00 57.50-58.50 57.50-58.50 28.00-28.50 28.50-29.00 55.00-56.00 54.00-55.00 51.00-55.00 55.00-56.00 54.00-55.00 51.00-55.00 40.00-40.50 59.50-40.00 59.00-59.50 56.00-58.50 55.50-58.50 59.50-41.00 59.50-59.75 29.00 54.00-54.50 55.00-355.50 50.50-52.00 40.25-40.75 59.75-40.25 59.75-40.00 57.75-58.75 56.75-57.75 40.25 40.25 57.25-57.75 57.25-57.50 27.50-28.00 27.75-28.00 54.25-54.75 55.25-55.75 31.75-52.75 45.50-44.00 42.75-43.00 42.00-42.50 59.00-41.50 59.00-41.50 59.00-41.50 45.00-45.50 42.50-45.00 41.50-42.00 59.00-41.00 38.50-40.50 -- 42.50-45.00 - 42.50-45.00 -- - -- 29.50-50.00 -- 29.25-29.50 57.00-59.00 55.00-57.00 55.50-55.00 57.00-59.00 55.00-57.00 55.50-55.00 56.50-57.50 55.50-56.50 55.50-54.50 56.50-57.50 55.50-56.50 55.50-54.50 Fresh pork - Loins 8-124 42.00-45.00 41.50-42.00 45.50-44.50 BOSTON WOOL MARKET REVIEW Supplies of greasy domestic worsted wools in the Boston market continued small. Top- makers and combers continued to purchase greasy pulled wools of combing length and prices were firm. Supplies of woolen wools and noils con- tinued limited at steady to firm rates. Contracting in the territory States had subsided somewhat compared to a week ago while the movement of fleece wools for future delivery was extremely small. There were occasional sales of fall wools in Texas and a little con- tracting of 12 months was also noted. Midweek cables from Australia showed the Continent and Japan the principal buyers with prices very strong and clearance good. There was good general competition in the New Zealand markets while in South Africa about 95 percent of offerings of combing wools were sold. France was the principal buyer in the Cape followed closely by the United States. Prices advanced 2-50 in Montevideo. Buenos Aires was slow with sales very limited. Fleece Wools Graded 50/56s baby combing fleece wools sold at 97# clean basis on a core test. Territory Wools A good-sized clip of half, three-eighths and quarter-blood wools was contracted in Idaho at 480 grease basis to the grower with the estimated clean price around $1.07 delivered East. Shearing commenced this week in New Mexico. Texas Wools Twelve months Texas wool was contracted in the San Saba area at 553 grease basis to the grower, while occasional sales of fall wools were estimated to cost from $.95- 1.00 clean basis delivered East. There was some shearing in scattered areas in Texas where weather permitted. Mohair Fall mohair sold in Texas at 76# for a~It and $1.351 for kid hair to the ware- house. Goats were being shorn in some areas in Texas. Foreign Wools Supplies of spot foreign wools were very small. A fair volume of Cape wool sold 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 Africa Oil-combed Scoured Yields $1.09 1.07 1.06 1.06 1.05 1.05 1.05 $1.05 1.04 1.05 1.01 1.00 .98 .94 Australia Oil-combed 61 $1.15 79- 62 1.12 422- 63 1.09 423- 77 1.15 424- 78 1.11 $1.07 1.01 .97 .92 New Zealand Oil-combed 95 $.85 854 .84 100 .80 107 .79 114 .77 128 .76 Montevideo Super Skirted Wools 60/64s - $1.01, 60s 970, 60/58s 95*, 58/56s - 924, 56/50s 91#. Carpet Wools The carpet wool trade continued slow with only a slight improve- ment and prices were stronger. Greasy Buenos Aires November second clip wools were offered at 735, 56/40s lambs wool around 71f and fleeces at 750. Greasy New Zealand fleeces around 76# and early shorn wool at 724, yellow Pakistan Montgomery wool at 65 , all clean wool fibers present for shipment. A pulled gray Continental carpet wool sold for shipment at 48# clean wool fibers present. Woolen Wools Sales follow: Greasy Pulled Domestic (Clean basis) 62/64s 2-35 ch. $1.21 60s 29-5" ch. 1.15 58s 2-2-" spring lambs 1.00 58s 2-22" gray lambs $.70-.71 56/58s 2--51 choice $1.05-1.06 56/58s ave. 2 light stain $1.00 Scoured Shorn Foreign Aust. 64s white fleece $1.23 Noils Clear Aust. 70s nobles 890 Clear Cape 64/70s schlumbs. 690 Good style fleece 56 nobles 570 Ave. dom. 60s French 43# Wool Tops Trade in wool tops was slow with only occasional sales-of fleece 54s oil and dry-combed tops. Quotes follow: Warp Aust. D/C Warp Dom. D/C 0s 41.95 $1.85 64s 1.85 1.77 62s 1.75 1.70 60s 1.66 1.65 58/60s- 1.58 1.57 Oil-combed Territory Fleece 5bs 1.48 $1.46 50/56s 1.46 1.45 CLOSING FUTURES QUOTATIONS Feb. 1, 1962 (Furnished by the Wool Associates of the New York Cotton Exchange) March wool tops $1.620 (Bid) May wool tops 1.606 (Bid) 64s grade 2.55" minimum length March wool $1.240 (Bid) May wool 1.225 (Bid) 64s grade 2*8 average stretched length MONTHLY AVERAGE PRICE I/ SLAUGHTER STEERS CHICAGO CHOICE GRADE Year : Jan. : Feb. : Mar. : Apr. : May %June : July : Aug. :Sept. : Oct. : Nov. : Dec.: Av. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Doli 1956 .. 20.02 18.88 19.41 20.56 20.70 21.05 22.37 25.81 27.27 26.08 24.30 21.99 22.50 1957 .. 21.23 20.57 21.86 22.99 23.31 23.48 25.12 25.63 24.98 24.67 25.20 25.98 23.83 1958 .. 26.82 27.54 29.90 29.37 28.85 28.07 26.99 26.11 26.70 26.67 26.77 27.19 27.42 1959 .. 28.15 27.85 29.11 30.553 29.34 28.48 27.89 27.56 27.62 27.19 26.53 25.57 27.85 1960 .. 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 23.45 22.45 22.38 24.13 24.34 24.55 25.58 26.13 24.65 -------------------------------------------!GADS ------------------- ALL GRADES 1956 .. 20.01 18.85 18.89 19.87 20.12 20.79 22.28 25.61 27.51 26.00 23.97 21.65 22.00 1957 .. 20.94 20.28 21.36 22.61 22.85 23.07 24.76 25.45 24.84 24.48 25.06 25.74 23.48 1958 .. 26.31 26.65 28.28 28.59 28.27 27.67 26.75 25.91 26.65 26.70 26.79 27.01 27.09 1959 .. 27.81 27.44 28.22 29.32 28.82 28.15 27.61 27.36 27.48 27.06 26.31 25.26 27.53 1960 .. 26.10 26.57 27.40 27.13 26.75 25.58 25.50 24.75 24.62 24.83 26.00 26.61 25.95 1961 .. 27.02 25.84 25.32 24.75 23.09 22.30 22.23 24.01 24.21 24.46 25.44 25.84 24.46 MONTHLY AVERAGE WEIGHT I/- SLAUGHTER STEERS CHICAGO CHOICE GRADE Year t Jan.: Feb. : Mar.: Apr. : May :June : July : Aug.: Sept.: Oct.: Nov.: Dec. : Av. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. 1956 .. 1,164 1,187 1,189 1,192 1,174 1,165 1,143 1,116 1,099 1,113 1,136 1,153 1,152 1957 .. 1,176 1,199 1,196 1,178 1,180 1,181 1,154 1,140 1,141 1,142 1,138 1,138 1,162 1958 .. 1,157 1,165 1,172 1,157 1,156 1,166 1,165 1,164 1,156 1,165 1,174 1,192 1,166 1959 .. 1,209 1,209 1,211 1,199 1,201 1,195 1,196 1,187 1,180 1,160 1,159 1,165 1,187 1960 .. 1,191 1,196 1,208 1,186 1,188 1,180 1,186 1,180 1,172 1,165 1,167 1,173 1,183 1961 .. 1,180 1,180 1,195 1,200 1,204 1,207 1,209 1,199 1,173 1,174 1,161 1,166 1,188 ---------------------------------------------------------------- ALL GRADES 1956 .. 1,154 1,166 1,151 1,141 1,125 1,154 1,125 1,109 1,109 1,115 1,129 1,145 1,154 1957 .. 1,148 1,157 1,151 1,143 1,140 1,156 1,120 1,124 1,126 1,151 1,158 1,141 1,137 1958 .. 1,141 1,129 1,114 1,118 1,119 1,152 1,158 1,143 1,145 1,161 1,175 1,190 1,144 1959 .. 1,194 1,187 1,168 1,149 1,162 1,165 1,166 1,163 1,158 1,151 1,152 1,158 1,164 1960 .. 1,176 1,174 1,169 1,150 1,150 1,150 1,158 1,153 1,152 1,155 1,164 1,166 1,160 1961 .. 1,180 1,172 1,177 1,177 1,176 1,190 1,190 1,173 1,156 1,168 1,155 1,156 1,173 -------------------------------------------------------------------- MONTHLY AVERAGE COST 1/ -- BARROWS AND GILTS 8 MARKETS COMBINED Year : Jan. : Feb. : Mar. : Apr. : May : June : July : Aug. :Sept. : Oct.: Nov.: Dec.: Av. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. Dol. 1956 .. 11.70 12.41 15.20 15.01 16.31 16.68 16.47 16.87 16.29 15.64 14.90 16.69 14.82 1957 .. 17.89 17.16 17.25 17.95 18.24 19.65 20.79 21.27 19.54 17.20 17.01 18.45 18.29 1958 .. 19.26 20.16 21.20 20.64 22.05 22.97 23.12 21.553 20.42 18.88 18.13 17.86 20.25 1959 .. 16.65 15.65 15.89 16.09 16.09 15.91 14.40 14.65 15.81 15.11 12.61 11.86 14.64 1960 .. 12.65 15.56 15.55 15.96 16.03 16.88 17.74 16.91 16.59 17.50 17.56 17.27 15.96 1961 .. 17.55 18.15 17.55 17.04 16.37 16.60 17.87 18.33 18.18 16.85 15.97 16.70 17.16 MONTHLY AVERAGE WEIGHT I/ B&RROWS AND GILTS 8 MARKETS COMBINED 2/ Year : Jan. : Feb. : Mar. : Apr. : May : June : July : Aug. : Sept.: Oct, : Nov. : Dec. : Av. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. Lb. 1956 .. 251 227 224 225 225 221 217 211 214 217 225 227 222 1957 .. 252 229 250 250 250 226 215 208 210 218 225 229 224 1958 .. 252 228 229 255 254 229 219 214 218 224 230 2335 227 1959 .. 258 232 229 252 251 229 221 216 218 224 228 250 228 1960 .. 252 228 229 252 254 252 228 225 222 225 251 252 229 1961 .. 256 252 251 256 238 254 225 219 219 224 228 230 230 _/ 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. 112 COMMERCIAL LIVESTOCK SLAUGHTER, UNITrE STATES, DECEMBER 1961 1/ Cattle Calves --- Other-: Av- --- Other Av. Month and :Federally Other Av- Federa-y. other Av. period inspected com- Total live inspected- com- Total live : mercial weight mercial weight, Thousand head Pounds Thousand head. Pounds Dec. 1961 ......... 1,589.3 417.7 2,007.0 1,027 415.7 195.8 611.5 207 Dec. 1960 ......... 1,575.8 459.3 2,015.1 1,018 451.1 259.5 690.4 208 Jan.-Dec. 1961 2/.. 19,968.1 5,641.4 25,609.5 1,017 5,005.1 2,679.1 7,684.2 225 Jan.-Dec. 1960 1/.. 19,595.9 5,850.4 25,224.5 1,004 5,259.5 2,965.4 8,g24.9 222 -- --------------------------- ------- ------------ Dec. 1961 ......... 5,757.9 Dec. 1960 ......... 5,752.7 Jan.-Dec. 1961 2/.. 65,652.4 Jan.-Dec. 1960 2/.. 66,155.2 Hogs 996.4 1,042.8 11,660.6 12,883.1 6,754.5 6,795.5 77,293.0 79,036.3 Sheep and lambs 240 1,125.8 159.7 1,285.5 96 241 1,114.5 150.4 1,264.7 100 258 15,056.2 2,122.7 17,158.9 98 236 14,056.1 1,865.2 15,899.5 99 1/ Excludes farm slaughter. 2/ Accumulated totals based on unrounded head and live weight. Month and S period- - Dec. 1961 ..... Dec. 1960 ..... Jan.-Dec. 1961. Jan.-Dec. 1960. CORHTRCIAL MEAT AND LARD PRODUCTION, UIIrTED STATES, DECEMBER 1961 1/ : : : Lamb : Total Beef Mil. lb. 1,169 1,149 14,919 14,374 Veal Mil. lb. 70 80 958 1,025 Pork 2/I Mil.lb. 950 957 10,724 10,865 and mutton : Mil. lb. 59 61 814 754 meat 2Y Nil. lb. 2,248 2,247 27,415 27,016 1/ kccludes farm slaughter. 2/ Excludes lard and rendered pork fat. 5/ Includes rendered pork fat7 Statistical Reporting Service Crop Reporting Board. MEATS AND MEAT PRODUCTS GRADED, OR ACCEPTED AS COMPLYING WITH SPECIFICATIONS--BY THE U. S. DEPARTMENT OF AGRICULTURE 1/ - -- - - n 4' '1 lA Grade Prime ............... Choice .............. Good ...... .......... Standard ............ Commercial .......... Utility ............. Cutter ............... Canner ............. Cull ................ : Dec. Dec. : 1961 1960 Thous. pounds 25,497 21,68E 416,504 575,95, 119,208 128,71, 13,627 15,22 4,3550 5,153 22,716 32,20( 7,242 1,284 664 17( -T -- -- - Dec. : Dec. 1961 1960 Thous. pounds 61 37 1,662 1,765 10,636 9,101 1,488 1,697 3 7 7 5 7 0 0 Dec. Dec. , 1961 1960 Thous. pounds 2,957 5,285 24,224 22,276 762 458 -1,195 1,195 Total ............. 609,587 578,576 13,915 12,747 29,118 26,029 Bull and stag beef .. 738 764 All other meats 49,259 135,059 and lard...... .... 1/ Data pertain only to meats offered to the U. S. Department of Agriculture for grading or acceptance. Lard 3/ * - Mil. lb. 206 208 2,584 2,419 :* d. -- t * * 113 NEAT AND MEAT FOOD PRODUCTS INSPECTED WHEN OFFERED FOR IMPORTATION (USDA ARS Meat Inspection Division) DECEMBER 1961 F1 resh meats and edibleoff.l-_ ._ puee ss .t Country of origin Beef and Lamb and Pork : Beef Pork Veal Mutton | 6 Argentina .............. Australia .............. Brazil ......... .... Canada ............... Denmark ............... Germany ........oo..... Holland ................ Ireland ................ Mexico ................. New Zealand ............ Pounds 14.950,035 2,364,875 5,643,173 6,502,683 6,659,388 Pounds Pounds Pounds 44,582 1,865,181 -- - 16,536 5,160 2,703.276 1,823 -- 1,250 1,004,951 38,607 663 Paraguay ............... - Poland ................. -. - Uruguay ................ - All others ............. 2,673,277 38,528 -- 7,500 8,201 Total December 1961... 38,793,431 2,913,820 2,742,546 71,691 581,749 December 1960... 28,578,217 3,092,115 3,352,908 86,548 866,379 Refused or condemned: December 1961..** 96,365 December 1960-.. 34,071 23,695 -- 3,060 2,630 -- -- Country of origin Argentina ......... Australia ......... Brazil ............ Canada ............ Denmark ........... Canned meats Miscel- Beef Pork laneous Pounds Pounds Pounds 2,899,389 -- 18 16,200 -- - 652,855 -- 18 1,102 251,447 4,928 10,800 4,054,886 502,151 Cooked : Sausage beef '(Trichina e treated) Pounds Pounds 736,200 -- 665,981 -- -- 11,221 -- 290 1R. : General : : miscel- Total : laneous Pounds Pounds S570,969 4,251,158 11,200 16,842,616 1,335,390 - 258,849 5,973,136 2 19,200 5,067,490 Germany ........... -- 102,390 -- 15,548 118,882 Holland ........... 101,252 3,000,308 55,730 185 -- 3,164,088 Ireland ........... -- 5,688,295 Mexico ............ -- -- 6,502,683 New Zealand ....... 7,665,002 Paraguay .......... 828,998 -- -- 828,998 Poland ............ 960 2,858,528 733,403 -- 3,592,891 Uruguay ........... 452,358 -- 25,441 477,799 All others ........ 94,335 193,000 65,886 -- 104,697 11,346 3,196,770 Total -December 1961 5,058,249 10,460,559 1,362,134 1,402,181 421,833 897,005 64.705,198 December 1960 6,353,864 14,228,472 1,576,123 907,700 295,891 448,120 59,786,337 Refused or condemned: December 1961 13,641 78,304 279 -- 1,993 582 217,947 December 1960 26,501 36,791 3,042 20,038 4,703 31,775 159,551 Note: In addition to the above, imports of horse meat (in pounds) for December 1961 were as follows Argentina 343,144, Canada 571,028, Mexico 121,500; December 1960 Argentina 308,763, Canada 19,157, Mexico 3,500. Pounds 370,455 189,021 944 6,613 6,515 28 = -= , 1 AVERAGE PRICES RECEIVED BY FARMERS FOR LIVESTOCK, FEED AND WOOL I/ -_--- ------_--------- --------^^ ^ SO. s a7 ~v~ae" : Jan. : Dec. : Nov. Jan. Average Commodity and unit 15 15 : 15 15 : Jan. 1957- : 1962 : 1961 : 1961 : 1961 : Dec. 1959 Prices received by farmers - Hogs Per cwt. Dol. All beef cattle " Cows " Steers and heifers " Calves " Sheep " Lambs " Wool 2/ Per lb. " Corn Per bu. " Oats " Barley " Hay, all baled ton " Cottonseed " Hog-corn price ratio 5/ - United States Bushel N. Central States " Iowa "I Index numbers: (Av. Jan. All farm products Feed grains and hay Meat animals 1910-Dec. 1914 = 16.50 20.70 14.50 23.40 24.70 5.82 16.10 .411 .951 .665 1.03 21.60 50.90 17.4 18.0 18.5 16.10 20.50 14.20 23.20 24.10 5.37 15.50 .408 .947 .659 1.01 20.70 51.50 17.0 17.7 18.4 15.70 19.90 13.90 22.70 23.70 5.14 15.10 .405 .938 .643 1.00 20.50 52.40 16.7 17.3 17.8 16.50 20.80 14.30 23.80 23.50 5.53 16.50 .399 .963 .598 .820 21.30 44.60 17.1 18.5 19.4* 100) 242 152 304 Prices paid by farmers - Commodities & services, interest, taxes and wa# rates 304 302 301 3C 1/ Estimates of Crop Reporting Board. 7/ Average local market price, excluding incentive payment. Monthly average. j/Bushels of corn equal in value to 100 lbs. of hog, live weight. Revised. 17.30 20.60 15.10 23.10 23.50 6.48 19.90 .438 1.10 .622 .892 19.10 47.60 Jan. av. 1951-60 13.7 14.1 1957-59 )1 292 EFFECTIVE PARITY PRICES FOR LIVESTOCK, FEED AND WOOL 1/ Adjusted : Effective parity prices 3/ Commodity and unit : base _based_oK daSa_f-r_ prices 2/ _: a._1962 : 9 Dec. 1961 Jan. 1961 Hogs Per cwt. Dol ........ 7.09 Beef cattle H "i ......... 7.73 Calves ... ..... 8.58 Lambs ......... 7.98 Wool Per lb. ......... .241 Corn I bu. ......... .526 Oats ......... .276 Barley I" ......... .413 Cottonseed ton ......... 4/20.60 21.60 21.40 23.50 23.80 26.10 26.30 24.30 25.30 .733 .752 1.60 1.62 .839 .843 1.26 1.25 62.60 62.80 _/ Parity prices are computed under the provisions of Title III, Subtitle A, Section 301 (a) of the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949, 1954, and 1956. 2/ Adjusted base price 1910-14 derived from 120-month, January 1952-December 1961 average, (in- cluding an allowance where appropriate for unredeemed loans and other supplemental payments resulting from price support operations) by dividing by 247 percent (the 120-month average of the Index of Prices Received by Farmers adjusted to include an allowance for unredeemed loans and other supplemental payments) unless otherwise noted. _/ Effective parity prices as computed currently using base prices in effect and indexes for months indicated. These parity prices are the legally applicable parity prices for the following calendar month. 4/ Adjusted base price 1919-14 derived from 10 season average prices 1952-61 (including an allowance, where appropriate, for unredeemed loans and other supplemental payments result- ing from price support operations). 21.30 23.70 26.20 25.20 .749 1.62 .840 1.25 62.60 SHIPMENTS OF STOCKER AND FEEDER CATTLE AMND SEEEP DECEMBER 1961 Stocker and feeder cattle and calves shipped into 8 selected North Central States during December 1961 totaled 447 thousand head, 17 percent less than the number shipped in during December last year. Of the total cattle and calves received in these 8 States during the month, 179 thousand moved through public stockyards and 268 thousand were received direct. The direct movement was 60 percent of the total this December compared with 59 percent a year earlier. Cattle and calves shipped into these States during July-December 1961 totaled 4.2 million head, about the same as the July-December 1960 total. December shipments of stocker and feeder sheep and lambs into these 8 North Central States amounted to 127 thousand head, compared with 184 thousand head during December last year--a decrease of 31 percent. Of the total received during December, 63 thousand came through public markets and nearly 64 thousand were received direct. A total of nearly 2.1 million head of stocker and feeder sheep and lambs were shipped into these 8 States during July-December 1961, down 13 percent from the total for July-December 1960. Stocker and Feeder Cattle and Sheep Received in Selected North Central States December 1960 and 1961 I/ Cattle and Calves Public stock : Direct Total State yards :____:_---- --_ December : December : December July December :1-- 960 19 : 1960 : 1961 : q196 : 161 : 196o 1961 Ohio ......: 3,116 4,063 2,486 2,792 5,602 6,855 85,479 76,405 Indiana ...: 5,572 5,978 13,883 22,426 19,455 28,404 273,770 203,665 Illinois ..: 34,346 27,680 73,031 53,250 107,377 80,930 883,195 762,071 Michigan ..: 3,236 2,518 3,315 2,502 6,551 5,020 76,500 57,410 Minnesota .: 22,066 16,264 56,922 45,945 78,988 62,209 491,304 488,711 Iowa ......:107,977 85,117 114,143 87,230 222,120 172,347 1,625,879 1,693,805 8. Dakota 11,694 11,402 7,695 9,139 19,3w? 20,541 119,825 160,908 Nebraska 36,122 26,185 44,926 44,582 81,048 70,767 606,652 721,505 Total :224,129 316,401 540,530 4,162,604 8 States : 179,207 267,866 447,073 4,164,480 Sheep and Lambs Ohio ..... : 1,718 1,862 297 1,424 2,015 3,286 59,717 80,668 Indiana ...: 1,401 290 1,627 --- 3,028 290 61,160 54,039 Illinois ..: 9,497 3,001 1,437 3,564 10,934 6,565 217,676 262,693 Michigan ..: 1,069 1,086 650 640 1,719 1,726 22,244 24,359 Minnesota .: 27,985 25,970 13,818 8,600 41,803 34,570 325,998 324,445 Iowa ......: 29,447 16,556 51,568 25,253 81,015 41,809 953,285 808,006 S. Dakota .: 13,681 7,001 11,838 3,554 25,519 10,555 148,848 124,713 Nebraska ..: 8,405 7,477 9,316 20,289 17,721 27,766 611,398 418,345 Total : 93,203 90,551 183,754 2,400,326 8 States : 63,243 63,324 126,567 2,097,268 I/ Data in this report are obtained from offices of State Veterinarians. Under "Public Stockyards" are included stockers and feeders which were bought at stock- yards. 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 UNIVERSITY OF FLORIDA U. S. Department of Agriculture Postage ai 3 1262 08500 5550 Washington 25, D. C. OFFICIAL BUSINESS Form AMS-2/6/62 Permit 1001. University of Florida Documents Librarian 11-4-59 The University Libraries LS-CLS GainesvilUe, Fla. SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS In dollars per 100 pounds : Kansas: Fort : : : Nort Classification :Chicago: Omaha : City : Worth : Denver: Ogden : Port- : : : : : : : land SLAUGHTER LAMBS: (Wooled) 80-110,# Prime Feb. 5, 1962 18.22 17.55 17.40 -- 17.80 18.12 18.25 Feb. 4, 1961 18.20 -- 17.70 -- 18.00 -- Choice Feb. 5, 1962 17.78 16.82 16.75 16.00 16.92 17.38 18.25 Feb. 4, 1961 17.52 17.45 16.80 16.60 17.52 17.25 17.88 Good Feb. 5, 1962 16.25 15.78 15.95 14.72 15.88 16.25 17.75 Feb. 4, 1961 16.08 16.45 16.05 16.25 16.62 16.50 17.25 EWES: (Wooled) -0-1 -- Good Feb. 5, 1962 5.75 5.62 5.85 7.62 7.25 5.75 4.75 Gd. & Choice Feb._ 4 1961 5.90 5.88 7.00 -- 6.58 4.50 4.50 Utility Feb. 3, 1962 5.75 5.52 5.20 6.80 6.75 5.00 4.50 Cull & Util. Feb. 4, 1961 5.65 5.25 6.00 7.55* 5.12 5.25 5.50 Cull Feb. 3, 1962 5.50 4.00 4.10 -- 5.62 4.75 5.50 FEEDER LAMBS: (Wooled) 60-80Or Fancy Feb. 5, 1962 -- 16.00 -- 16.52 -- 16.25 Choice Feb. 5, 1962 -- 15.25 -- 14.80 15.75 15.75 15.50 Good & Choice Feb. 4, 1961 -- 16.85 -- 15.95 17.12 16.00 16.82 Good Feb. 3, 1962 -- 13.25 -- 15.45 14.50 14.25 15.25 *Shorn basis. |