Livestock, meat, wool market news

LIVES Ve ws


MEAT T
M A WEEKLY SUMMARY

WOOL AND STATISTICS

LIVESTOCK DIVISION, AGRICULT4RAL~'-MARKETING SERVICE
U.S. DEPARTMENT OF AGRICULTURE
WASHINGTON t ..
Vol. 50, No. 8 February 20, 1962
Week ended Feb
Page
Livestock Market Reviews ........... 158
Livestock Market Receipts ............ 141
Feeder Statistics ....... .. 141
Estimated Percentage of Feeder Cattle and
Slaughter Cows in Salable Receipts 141
Steer Sale Statistics . ... 142
Slaughter at Major Centers ... 145
Estimated Slaughter and Meat Production 145
Cattle Prices . .. 144
Hog Prices . . 145
Hog Purchase Statistics . 146
Sheep and Lamb Prices ........ 147
Wholesale Meat Trade Reviews. . 148
Wholesale Dressed Meat Prices . 149
Wool Market Review . 150

Special to this issue
Annual Livestock Inventory, Jan. 1, 1962 151
Meats Graded or Accepted, by Grades,
Calendar Years 1960-61 .. 147
Meat and Meat Food Products Processed and Canned
under Federal Inspection, Jan. 1-Feb. 5, 1962. 155
Storage Holdings of Meats and Lard, Jan. 51, 1962 155
Retail Sales Value Comparisons of Choice Grade
Beef Carcasses, January 1962 ... 156


a.1A*-alg







MIDWEST LIVESTOCK REVIEW
and

RANGE AND FEEDLOT SALES


Choice and Prime slaughter steers sold
strong to 75# higher pursuing an upward trend
for the second straight week. However, Stand-
ard and Good steers were steady to 250 lower,
Slaughter heifers were steady to 500 higher with
most advance on Choice and Prime. Cows were
steady to mostly 50# higher. Feeder cattle
and calves sold steady to 500 higher in an ac-
tive trade. Barrows and gilts closed steady to
500 lower. Sows were steady to 25# lower at
western Corn Belt markets but steady to 250
higher, instances 500 up in the eastern part
of the area. Slaughter lamb prices were steady
to 25# higher.

SLAUGHTER CATTLE AND CALVES Choice and
Prime slaughter steers sold strong to 750 higher
at midwest markets. However, Standard and Good
steers sold steady to 25# lower as the supply
again included a large percentage of shortfed
steers and heifers. Slaughter heifers sold
steady to 50# higher with the most advance on
Choice and Prime. The price spread between
grades on slaughter steers and heifers expanded
and the range on steers became the widest since
March 1961. Cow beef prices advanced and this
coupled with the continued small supply in-
fluenced steady to mostly 500 higher slaughter
cattle prices. Bulls and vealers steady to
$1.00 higher, except vealers steady to $1.00
lower at St. Paul.
Slaughter steers: Two loads Prime 1500~
and 1460# at Chicago $29.25 and high-Choice and
Prime 1175-1450# $28.25-29.00 with bulk Choice
900-1400# $26.00-28.00, Good $22.50-25.00. At
other midwest terminals mixed Choice and Prime
$26.50-27.00, most Choice $25.00-26.50, Good
$22.00-25.00, Standard $19.00-22.00.
Slaughter heifers: High-Choice and Prime
$26.50-27.50, most Choice $24.75-26.50 and up
to $27.25 at Chicago. Good $21.50-24.75.
Slaughter cows: Utility and Commercial
$14.50-16.50, Canner and Cutter $12.50-15.00.

FEEDER CATTLE AND CALVES An expanded
and fairly aggressive demand developed for feeder
cattle and calves and trading was brisk for sea-
sonally moderate numbers at terminal markets.
Prices generally were steady to 50# higher, in-
stances $1.00 up. Favorable weather conditions,
particularly for mid-February, was a factor
tending to encourage increased interest in
feeder cattle. Relatively thin cattle weighing
under 700# often showed the most price upturn.
However, prices for fleshier feeders, including
steers up to 1100# also tended to move onto
higher ground.
Feeder steers: Good and Choice 800-1050#
ranged $21.00-24.50, relatively few Good 800-900#
below $22.00. Choice 955- sold at $24.00 and
two loads Choice fleshy 10(C-i $23.25-23.50. Me-
dium and mixed Medium and Good 800-1000# sold
from $18.50-22.00. Load Choice 700# brought


$27.50; few loads Choice and mixed Choice and
Fancy 550-650# $27.25-29.50; bulk Good and
Choice 550-750i- $25.00-27.00; Medium 550-700C
$18.50-22.50.
Feeder heifers: Bulk Good and Choice 525-
75C:i $22.00-25.00, few under 5C0-r2 $25.50-26.00.
Choice 713# included at 25.00. Two loads Good
754- $22.50-23.00 and Choice fleshy 825# $23.25.
Feeder calves: Choice 300-5504 steers
sold from $28.00-52.50, several loads 530-535#
at $30.00 carried an end of Fancy grade. Choice
and Fancy 4351 reached $33.00. Good and mixed
Good and Choice 300-550# bulked $25.00-29.00.
Good and Choice 350-500# heifers sold chiefly
from $22.50-27.00, part load Choice 300# $28.90.

HOGS Terminal markets Although hog
supplies at the 12 markets were slightly smaller
than the previous week, prices declined under
the influence of lower pork prices in the car-
lot trade. Butchers were steady to 500 lower,
with most sales 25-50# lower in the eastern
Corn Belt area. Most downturn was on weights
under 230 Sow prices were very uneven with
the general trend steady to 25# higher in the
western Corn Belt, the advance mainly on weights
above 450- At eastern centers sows were steady
to 25# lower with some sales at Indianapolis
500 off. Receipts at the 12 markets totaled
508,000 compared with 518,000 the previous week
and 295,000 a year ago. Sows made up about 7
percent of the 8 market supply.
Barrows and gilts: U. S. 1-2, 190-240'4
$17.00-17.75, extreme $18.00 at Omaha; No. 1-3,
190-24r& $16.50-17.25, and to $17.50 at Omaha.
Sows: No. 1-3, 270-400#Q $14.50-15.50,
mainly $14.50-15.25, No. 2-3, 400-5504 $13.75-
15.00, mainly $14.00-14.75.
Feeder pigs at St. Paul were very scarce
with a moderate volume of Choice 120-150' selling
steady at $15.50-16.00.
Average cut-out value advantage of U. S.
No. 1 over No. 3 live basis 200-22C0 barrows
and gilts was 95# per cwt. based on wholesale
carlot prices of fresh pork cuts at Chicago
February 8 to February 14, 1962 inclusive.
Hogs Interior Iowa-Southern Minnesota
area receipts totaled 550,000 head, compared
with 332,000 the previous week and 308,000 dur-
ing the comparable week last year. Price de-
clines on barrows and gilts early in the week
were partially recovered on later sessions.
Barrows and gilts closed 10-25# lower than the
previous Friday; sows strong to mostly 25#
higher.
Barrows and gilts: Most U. S. 1-3, 200-
240# $16.00-16.75, No. 1-2 $16.50-17.00.
Sows: U. S. 1-3, 270-40C- $14.00-15.25,
No. 2-3, 400-550", mainly "'1.50-14.00.
Hogs Interior Illinois Receipts at
92,800 compared with 105,000 a week earlier,
and demand was fair during the week. Except
for moderate midweek advance, barrows and gilts









worked lower and closed fully 25, instances
55C,lower. Sows closed steady to 25# lower.
Barrows and gilts: On Friday, U. S. 1-3,
190-230'e barrows and gilts $16.25-16.75; mostly
$16.25-16.65, few X'02-eO 1$16.85-17.00; No. 1-3,
230-240.' $16.00-16.50.
Sows: U. S. 1-3, 250-400- $13.25-15.00;
No. 2-3, 400-57,- $12.00-13.50.

SHEEP AND LA ES Receipts at the 12 ter-
minals at 131.003 head, were slightly below the
previous week and 18 percent under last year.
cooled d slaughter lambs comprised 80-90 percent
of receipts at most points and included an in-
creased showing of i00-115, lambs. Price upturns
on dressed lamb stimulated demand and slaughter
lambs closed steady to 500 higher. Scant sup-
plies of slaughter ewes were steady. Feeder
lambs finished steady to strong.
Slaughter lambs: Bulk Choice and mixed
Choice and Prime 87-116 wooled closed at $17.25-
18.00, several shipments 95-110? $18.00-16.50
and two loads Choice and Prime 96-106 : reached
1.3.75 at Chicago. Choice and Prime 115-12:-
along with Good and Choice 82-115# $16.00-17.50,
Good ?15.r:-1C.50. Bulk Choice and mixed Choice
and Prime 89-112- shorn No. 1 and fall shorn
pelts $16.35-17.25, Choice and Prime 85-1iC- No.
1 and fall shorn $17.25-17.75. Good and Choice
81-107, $15.50-17.00.
Slaughter ewes: Cull to Good woled $3.50-
8.25.
Feeder labs: Choice and Fancy 65-94r
wooled 715.25-17.25, consignments mostly Choice
15.25-16.5C. Good and Choice 55-90- largely
l14.r0-16.50. Good and Choice 62-88# shorn
feeders No. 1-2 pelts $14.00-14.50 at Fort Worth;
at Omaha part deck Choice 82' lambs No. I and
fall shorn pelts '16.C0.
Sheep and lamb receipts in the Interior
Iowa-Southern Minnesota area numbered 19,600
head, 52 percent below a week earlier and 22 per-
cent under last year. Slaughter lamb prices
were strong for the week, ewes steady. Weights
of slaughter lambs increased over recent weeks
and receipts included several 105-110-. shipments.
Slaughter lambs: Bulk Choice and mixed
Choice and Prime 90-110! wooled delivered to pack-
ing plants $17.00-17.50 with a moderate volume
high-yielding lambs 90-105-' $17.75-18.00 on the
close. Choice and Prime 110-115' $16.50-17.50.
Good and low-Choice 80-110- .16.C0-17.25. Choice
and mixed Choice and Prime 85-11J4 shorn No. 1
and fall shorn pelts $16.50-17.00, Good and low-
Choice $15.50-16.50.
Slaughter ewes: Cull to Good wooled
$2.00-5.00.

RAfJIE 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.

ARIZDOA, CALIFORNIA, NEVADA AND UTAH -
Slaughter steers and heifers moderately active,


mostly steady. Bulk of transactions for current
through March delivery. Country trading of
feeder cattle and calves for immediate delivery
limited, few sales steady; trade (1-l- itr-hted by
a few strings contracted for spring and summer
delivery. Slaughter lambs fairly active, steady
to c' lower with major decline in southern
California.
3i:.-'lht-r steers: California ani Arizora,
75 average-Choice 1075-1200' '27.00; 2,. r< '1stly
Choice 870-1200' $26.:[-.75; 7,500 Good to
mostly Choice, 925-116. 25.75-26.00; 5,700
Good and Choice 925-11.-:i .'.c.:0-25.75; 1,450
high-Standard and Good 700-1'-':.- $23.75-25.00;
925 Standard and low-Good 950-U:I: /22.50-
23.50. Utah, 140 high-Good and low-Choice 1050-
l'y" $24.00-24.25.
Slaughter heifers: California and Arizona,
440 Choice 850-1.'0 $25.75-26.00; 1,100 Good
and Choice 765-975; $24.50-25.50; 40 Good 800B
$24.50. Utah, 200 expected to grade Good to
mostly Choice 900Q $23.50 for July and August.
Feeder steers: California, 850 Good to
mostly Choice 3504 $27.25; 855 Medium to Choice
450-EE: $23.90-25.00; 50 Good and Choice 715'/
$24.25; 1,000 Good to mostly Choice 650-700#
$24.00 for Hay; 300 Choice expected 't:*' $23.50
for May; 4,000 Good and Choice expected :.5-6E'.
.4.00 for July and August. Arizona, 120 Good
S?' $23.90.
Slaughter lambs: California and Arizona,
750 Choice, end of Prime 10C7- with No. 2 pelts
$17.75; 21,000 mostly Choice 100-1135 with No. 1
pelts $17.00-17.50, mostly $17.00 late; Utah,
3,400 Choice including a few Prime 101-109#
wooled $17.00-17.25.

COLORADO, S0,1J.T3.I, :.TITITJ, WESTERN KANSAS
ANDr WESTERN NEBRASKA Slaughter cattle moder-
ately active, steers sold steady to strong, in-
stances 250 higher, heifers steady to weak.
Slaughter steers: Sales confirmed on
5,825 head. Colorado, average and high-Choice
1150-1295'& $26.15-26.50; bulk of Choice 1050-
1275# $25.75-26.25; high-Good and Choice 1150-
1250, $24.75-25.75. Western Nebraska, low to
average-Choice 1125-1275? $25.50-26.25.
Slaughter heifers: Sales confirmed on
4,425 head. Colorado, average and high-Choice
975-1C25F- $26.15-26.25; bulk of Choice 900-1C50-/
$25.50-2E.00; high-Good and low-Choice 900-97F'
$24.75-25.35. Western Nebraska, high-Good and
low-Choice 925-950- $24.85-25.00.
Feeder cattle: Demand good with most
activity confined to feeders for future delivery.
Sales confirmed on 2,000 head. Western Kansas,
Choice 65C-6CCH feeder steers late March early
April delivery $23.50-24.50; 3 loads Choice and
Fancy 525-550 steers immediate delivery $26.75;
Medium and Good 950-l1025 $21.50-21.75. Choice
feeder heifers expected to weigh under 6251
at delivery March through June :23.25-2;.75.
Colorado, load Choice 660(1 steers $24.00. Three
loads Good to mostly Choice 92j? steers $23.25.
Lambs: Slaughter lambs sold steady to
mostly 25# lower late. Sales confirmed on
15,..')0 head. Colorado, Choice and Prime 104-115'









wooled slaughter lambs $17.50-18.00, late top
$17.75. Choice and Prime 103-1C7-- with No. 3
pelts $15.75. Off Western Slope, around 1,600
Choice and Prime I.1'8-lC 9 wooled lambs to Cali-
fornia packer $17.50 F.O.B. weighing point.
Western Kansas, Choice and Prime 100-1C5-- wooled
lambs off wheat pastures $17.50-17.75. Wyoming,
2 loads Choice and Prime 106- wooled lambs
$17.50. Around 1,100 Choice 90# shearing lambs
$16.00.

NEW MEXICO, WEST TEXAS, WESTERN OKL-AHO ;A,
SOUTHWESTERN KANSAS Clovis Area Slaughter
cattle moderately active, steady. Trading on
feeder classes confined largely to future con-
tracts, calves fully $1.00 higher, other classes
steady.
Slaughter steers: 25 Choice 1250# $25.50;
1,325 Good including some Choice 1000-ll00
$24.75-25.50, latter delivered; 150 Good 928-10C-5
$24.25-25.00; 120 Standard to mostly Good, 1000#
$23.90.
Slaughter heifers: 75 Good and Choice
84CO $24.50; 60 Good 825-920-o $24.00; 725 Stand-
ard to mostly Good 650-780# $24.00-24.25; 40
Good 550# $24.50.
Feeder cattle: April-May, 850 Good 750#
steers $21.50; 1,200 Good and Choice 600#, steers
$24.50, heifers $22.50; 1,000 Good to mostly
Choice 525-560C heifers $23.00-23.50. June,
900 Good, Medium end, 650# steers $21.50.
Feeder calves: Steers, 160 Choice 361#
$32.00. April delivery, 900 mostly Fancy 450#
$32.50; 850 Choice and Fancy 350-375# $32.00;
300 Choice near 300# $105.00 per head; 700 Good
and Choice 500# $24.00-25.00.
Cows: 190 Good stock cows $225.00 per
head.
Lambs: Trading slow, prices steady; 1,500
Choice 96-97# wooled slaughter lambs $15.00;
1,100 Choice 80-84# fall shorn feeders $14.00-
14.25.
Amarillo area: Slaughter cattle steady
to 25# lower, feeder classes strong to 500 high-
er.
Slaughter steers: 425 mostly Choice 1000-
1250# $25.00-25.45, latter delivered; 150 mostly
Good 950-1060# $23.50-24.50.
Slaughter heifers: 220 mostly Choice 875#
$24.90-25.00; 38 Good 614# $24.25 delivered; 27
Good 92W/ $23.25.
Feeder cattle: March-April, 2,000 Choice
and Fancy 600-725# steers $24.00-26.25; 2,200
mostly Choice 625-675# $24.00-25.00; 1,825 Good
and Choice 550-650# heifers $23.00-23.50; May-
June, 600 Choice 800-825# steers $23.00; 2,700
Good and Choice 575-625# $25.40; 2,650 Fancy
550-650# heifers $23.25-23.75; 2,300 Choice 600-
625# $23.00; 1,500 Good and Choice 600' $22.25-
22.50; 400 Choice 625-675# heifers for August
$22.50.
Feeder calves: March-May, 725 mostly
Choice 500-600#, steers $26.00-27.00, heifers
$23.85-25.00.

IDARO, OREGON AND WASINGTON Temperatures
generally above normal promoting thawing of snow


in Mountain Areas and flooding of rivers and
creeks in Idaho. Additional moisture fell over
the entire area.
Slaughter steers and heifers slow, steady
to weak, some 250 lower in Idaho. Small volume
feeder cattle for fall delivery, steady. Large
volume slaughter lambs sold in Idaho, but sales
limited in Oregon and Washington.
Slaughter steers: Washington, 500 high-
Good to mostly Choice 970-1100# $25.00-25.75;
265 Good and low-Choice 900-1100C $25.50-24.50,
175 Standard and Good 1075-120C:' $21.00-22.00.
Idaho, 240 high-Good to mostly Choice 1100-
12C,00 $24.25-24.50, 48 Standard Holsteins 985-
11s55 $21.25.
Slaughter heifers: Washington, 115 Good
to mostly Choice 850-950' $23.50-24.00. Idaho,
25 head Good to mostly Choice 975# $25.50.
Feeders: Washington, 90 head Good and
Choice 800-850" steers $24.30. Oregon, 650
head Choice heifers expected to weigh 700#
$21.00 for October.
Slaughter lambs: .'ashington, Choice with
few Prime 108- No. 2 and 3 pelts $17.00. Ore-
gon, 1,400 Choice with some Prime 100-108# in-
cluding 400 head with No. 2 and 3 pelts $17.25
delivered Washington packer, balance fall shorn
and wooled $18.25-18.75 delivered California.
Idaho, 11,200 Choice with some Prime mostly
wooled at $17.00-17.50, but including 1,100
head shorn with No. 1 pelts $16.00.

MONTANA AND NORTHERN WYTMIN Limited
sales slaughter steers and heifers fully steady,
feeder cattle and calves strong.
Slaughter cattle: Southern Montana, 2
loads Good to mostly Choice 1050-1100Y steers
$24.00; 2 loads Choice 875-900# heifers $24.00.
Feeder cattle and calves: Northern Mon-
tana, around 150 high-Good and Choice 940-950'
steers $23.00. Central Montana, 200 high-Good
and Choice around 450#' mixed feeder calves,
steers $27.00, heifers $25.00. Eastern Montana,
250 average to high-Choice heifer calves for
April delivery $28.00.
Sheep: Moderately active, slaughter lambs
generally steady to strong, feeder and shear-
ing lambs steady.
Slaughter lambs: Southern Montana, around
400 Choice and Prime 108-1094 $17.50, F.O.B.
feedlot. Southwestern Montana, load mostly
Choice 97# $16.00. Eastern Montana, around
1,700 Choice 100-112# $16.00-16.25. Northern
Wyoming, around 750 Choice 105-110# $16.50;
about 1,200 mostly Choice 105-111,#4 $17.50-17.75
delivered to Colorado packing plants.
Shearing lambs: Eastern Montana, around
3,550 Choice 85-954 $16.00-16.25. Northern
Wyoming, 500 Good and Choice 87# $15.75. 800
Choice ewe lambs for April delivery $17.00.
Wool: Trading slow, steady. Northwestern
Montana, 1,100 fleeces mixed fine and half for
March 15 delivery, 42 cents, grease basis, mod-
erate shrink. Northern Wyoming, 70,000# half
and three-eighths 1962 wool for immediate de-
livery 44.25 cents, grease basis, moderate
shrink.







WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
-- ------~------~------------------------- ~
I Cattle Calves -- 1 Shee and lambs
Market Feb. 17 'Feb. 18 ZFeb. 17 :Feb. 18 Feb. 17 Feb. 18 1Feb. 17 tFeb. 18
3 1962 1961 : 1962 t 1961 t 1962 s 1961 S 1962 : 1961
Chicago ....... 54,558 57,054 177 108 32,853 30,102 6,852 7,906
Denver ........ 7,838 8,567 288 144 5,895 4,586 18,468 19,725
Fort Worth .... 5,819 8,659 969 2,183 1,357 2,959 13,544 11,788
Indianapolis .. 7,736 6,705 289 456 35,651 54,612 1,967 2,071
Kansas City ... 14,468 19,016 539 624 14,526 14,872 5,105 11,554
Oklahoma City 8,649 11,677 737 1,106 3,241 3,518 1,784 1,544
Omaha ........ 36,609 35,016 461 495 59,261 41,755 14,586 18,173
St. Joseph .... 14,226 15,443 165 538 18,121 21,200 4,218 10,315
St. Louis NSY 13,542 13,684 1,204 2,265 50,188 48,516 6,149 5,833
Sioux City .... 27,552 25,291 679 777 56,651 31,371 7,668 9,557
Sioux Falls ... 9,227 7,560 181 127 17,510 14,869 7,989 9,497
So. St. Paul .. 20,066 16,757 6,937 6,682 52.,66 4 6,L 13,080 15,136
Total ...... 200,090 205,409 12,356 15,505 507,600 29Z9,25 101,210 122,899
Feb. 10,1962 198,456 12,137 317,566 105,958
RTRIOR IOWA AND SOUTHERN MINNESOTA Feb. 17, 1962 Feb. 10, 1962 Feb. 18, 1961
Hogs ...... 550,000 332,000 508,000*
Sheep ..... 19,600 29,000 25,
INTERIOR ILLINOIS Hogs ..... 92,800 11'5,'.C, 94,200 *Revised.


Steers 1001# up ........
901-1000 ........
801-900 ........
701-800 ........
501-700 .........
Total steers 10 markets...
AT. wt. ...
A. cost* ..
a Chicago ...
S Kansas City..
S Omaha .......
S. St. Paul..
a Sioux City...
Denver ......
a" Ft. Worth ...
Oklahoma City
"* S. St. Joseph
S St. Louis NSY
Total calves 10 markets.
S heifers ...
S cow ...i


FEEDER CATTLEt AVERAGE COSTWEIGHT, AND NUMBER
Week ended i Month
t Feb.l5 Feb.8 E Feb.16 Jan. Jan.
1962 1962 1961 1962 1961
7 571 319 923 1,669 4,209
2,005 1,840 2,011 8,280 10,488
2,881 2,820 2,999 15,267 17,685
2,289 5,307 2,505 14,869 19,425
5,789 6,789 8,974 33,307 49,842
13,335 15,075 17,412 73,392 101,647
7 7.57 727# 7?25 728# 724#
. $23.64 $25.31 $23.96 $23.45 $24.56
. 22.25 22.40 22.54 22.41 23.63
. 22.98 22.73 23.71 22.80 24.29
. 24.96 23.92 24.28 25.30 24.82
. 20.62 20.56 21.76 21.59 22.06
. 25.40 25.02 25.33 24.92 26.19
. 25.21 22.73 23.30 24.33 25.52
. 24.13 25.10 23.24 23.12 23.48
. 24.05 23.33 23.38 23.08 25.35
. 25.55 23.14 23.81 22.52 25.23
. 22.55 22.42 22.69 22.59 25.15
. 5,519 9,372 7,339 60,016 70,092
. 2,575 2,734 2,710 11,972 14,416
. 899 734 659 2,913 4,446
- m - - --m e


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


ESTIMATED PERCENT OF FEEDER CATTLE AND SLAUGHTER COWS IN SALABLE RECEIPTS_ __
I Chi-Kan- t S. St.. tSiouxrS.St.I Indian- Den- Ft. tOkla.'Wich- San
a ended cago y Joseph s City Paul apolis er Worth City Iita Antonio

Feeders
Feb. 16, 1962 2 52 8 8 6 22 8 6 15 65 70 51 45
Feb. 9, 1962 2 59 9 7 8 25 8 7 13 75 75 42 50
Feb. 17, 1961 2 57 10 11 8 51 3 8 8 70 70 48 55
Slaughter cows
Feb. 16, 1962 4 10 8 5 10 7 18 10 20 15 8 10 20
Feb. 9, 1962 4 10 8 6 11 5 18 10 30 10 6 11 12
Feb. 17 1961 5 10 9 8 14 6 25 12 20 15 11 17 15


- - -












Grade


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.....


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


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


STEE-S SOLD OUT OF FIRST HRADS FOR SLAUGHTER L
Number of hd Percent of total Average weight Average price in
Sby grades (pounds) dollars per 100 lb.
: Week ended
Feb.~ 1 : Feb. 16-:-Feb. 15~: Feb. 16 F b~ -:Fbb. e6- Fb. 15 : Feb. 16
S 1962 1961 : 1962 1961 _196 : 1961 : 1962 1961
CHICAGO


2,406
14,133
7,931
515

420
25,405

245
9,370
10,395
806
164
20,980

428
8,879
4,637
378
135
14,457

12
1,756
3,756
560

157
6,2 1



1,197
4,166
1,119

235
6,717



3,264
4,387
482

8,133



1,330
779
8

2,117


3,911
16,616
5,082
730
21
371
26,731

139
5,854
8,407
1,072
108
15,580

257
5,811
4,194
531

10,793


1,642
4,195
567

32
6,436



432
3,280
1,551

117
5,380



1,951
4,526
378

6,855



1,495
482
20
6
2,003


9.5
55.6
31.2
2.0

1.7


14.6
62.2
19.0
2.7
.1
1.4


- -1^ 1
OMAHA
1.2 .9
44.7 37.6
49.5 53.9
3.8 6.9
.8 .7

S- SIOUX CITY
3.0 2.4


61.4
32.1
2.6
.9


KANSAS
.2
28.1
60.2
9.0

2.5


53.8
38.9
4.9


CITY

25.5
65.2
8.8

.5


S -. LOUIS NS

17.8 8.0
62.0 61.0
16.7 28.8

3.5 2.2


--s j~frf--

40.1 28.5
54.0 66.0
5.9 5.5


D -

62.8 74.6
36.8 24.1
.4 1.0
.3


1,230
1,174
1,087
961

1,033
1,146

1,195
1,151
1,108
1,C79
1,045
1,127

1,213
1,160
1,117
1,117
1,056
1,146

1,047
1,102
1,088
1,104

1,022
1,092



1,069
1,025
965

1,020
1,023



1,128
1,073
1,118

1,098

m--
1,189
1,129
1,040


1,255
1,171
1,125
1,017
1,588
1,071
1,169

1,147
1,181
1,134
1,111
992
1,149

1,175
1,171
1,121
1,084

1,148


1,191
1,104
1,049
m--
946
1,121



1,065
1,029
982

932
1,016


1,148
1,119
1,063

1,124



1,157
1,129
1,052
850


28.47
26.69
24.53
21.78

19.99
26.05

27.05-
25.48
24.07
20.44
19.02
24.58

26.94
25.59
24.02
20.69
19.14
24.96

26.35
25.32
23.83
20.93

18.95
23.88



25.40
23.84
21.62

19.01
23.61


25.15
23.64
20.29

24.06



25.79
24.29
18.80


27.65
26.06
24.05
21.85
21.00
19.45
25.75

26.73
24.89
23.78
20.60
18.77
23.99

27.47
25.24
23.99
20.30

24.59


25.18
23.93
20.90

18.61
23.98



25.74
24.02
21.50

17.81
23.34


25.29
23.72
20.24

24.00



25.06
23.86
20.48
18.50


1,166 1,148 25.23 24.72


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






WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS
Cattle Calves : Hos Sheep and lambs
City or Area :Feb. 17TFeb. 18'Feb. 17"Feb. T'Fe. 17 Feb. 16Feb. 17TFeb. 18
S1962 1961 : 1962 1961 1962 : 1961 : 1962 t 1961
Boston, New York City Area .... 10,877 10,941 8,226 9,103 42,748 45,880 37,009 55,649
Baltimore, Philadelphia ....... 8,216 8,585 1,946 2,499 37,119 31,397 4,515 4,578
Cin., Cleve., Detroit, Indpls 19,045 18,675 3,072 3,233 122,245 131,462 12,233 14,092
Chicago Area .................. 15,177 15,612 5,485 7,067 42,416 46,668 8,594 7,171
St. Paul- Wise. Areas ......... 29,855 28,175 19,552 19,500 111,903 112,450 20,722 24,747
St. Louis Area ................ 10,677 11,767 1,175 1,742 77,416 70,251 5,885 5,658
Sioux City-So. Dakota Area .... 30,891 20,421 -- 97,095 95,707 12,806 15,752
Omaha Area ................... 41,029 56,407 166 176 84,269 71,941 16,902 18,926
Kansas City ................... 14,194 16,297 -- 31,594 35,247 -- -
Iowa So. Minnesota .......... 34,722 30,191 8,863 8,448 288,547 307,648 41,991 40,559
Lou'l, Evan'l.Nash'1. Mphts ... 5,873 5,712 2,232 2,724 57,295 64,969 -- -
Georgia, Florida, Ala. Area ... 9,531 9,016 2,949 4,945 32,251 55,546 -- -
St. Jo'ph. Wichita, Okla. City. 19,736 20,361 750 1,118 45,765 45,736 9,706 15,425
Ft. Worth, Dallas, San Antonio. 8,493 9,978 3,651 3,215 18,042 16,650 27,855 15,284
Denver, Ogden, Salt Lake City 22,357 20,096 87 201 14,087 14,901 50,934 35,783
Los Angeles, San Fran. Areas .. 23,141 27,582 1,796 1,656 34,044 25,336 30,725 26,545
Portland, Seattle, Spokane .... 8,659 6,825 208 221 18,613 15,443 4,218 4,789
Total ...................... 312,475 59,918 1,153,245 283,895
296,639 65,844 1,165,192 260,556
Accumulation to date ..... 2,252,075 448,976 8,046,599 1,952,465
2,099,525 468,455 7,841,189 1,828,166



ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
--- ------- ---- :- --- ~PLok- 7 -lg 7 -
Beef Veal Lexcl._lard). and mutton : Total Total
Week ended 'N'ft- T : Num-t Num- i: Num- "meat lard
ber : :er ber P ber b r od : prod. prod.
S----- -- --- -- -- -- -- -- -- -- -- -- ---- r ----~~TS~ io hTTb ioi~CT~~'~ il~Ia~ ~ Tb.
1,000 mil.1b. 1,000 mil.1b. 1i0o il.lb. 1,000 ril.lb.mil.lb. mil.lb.

Feb. 17, 1962 ......... 380 227.2 90 10.1 1,550 182.1 505 15.6 455.0 -
Feb. 10, 1962 ......... 585 251.4 90 10.1 1,545 184.1 305 15.2 440.8 -
Jan. 27, 1962 ...... 397 -- 95 1,351 -- 290 -- 59.9
Feb. 18, 1961 / ...... 568 220.5 99 11.3 1,587 189.9 500 15.5 457.0 41.6

Percentage change from
Feb. 10, 1962 ......... -1 -2 0 -1 -1 0 3 -1 -
Feb. 18, 1961 ......... 5 3 -9 -11 -4 -4 2 1 0

'--------- AvrAge aegh---t_(Ib,)_ -------- Lard
: Sheep yield
Week ended Cattle Calves o nd b yield
S- - per
I : :D essed: 100 1b.
Live Dressed. Live .Dressed. Live .Dressed. Live Dressed: 100

Feb. 17, 1962 ....... 1040 598 200 112 254 137 105 51 -
Feb. 10, 1962 ....... 1045 601 200 112 256 157 104 50
Jan. 27, 1962 ....... 1045 596 205 115 259 140 105 50 -
Feb. 18, 1961 ....... 1045 599 204 114 255 157 106 52 12.8


1/ Actual slaughter. 2/ Excludes lard.







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

Classification Feb., Feb. Feb. Feb. Feb. Feb. Feb., Feb. Feb.: Feb.
17 : 18 : 17 : 18 : 17 : 18 17 : 18 : 17 : 18
S1962 1961 1962: 1961 a 1962, 1961 1962, 1961 : 1962: 1961

Slaughter cattle, calves and vealers
Steers -


Prime 900-LIouUr
1100-1300
Choice 900-1100
1100-1300
Good 900-1100


Standard

Heifers -
Choice
Good
Standard

Cows -
Commercial
Utility
Cutter
Canner


28.02
28.48
26.70
26.95
24.12
21.75


700-9`At 26.32
600-800
20.65


15.50
15.18
14.80
15.55


27.75
27.50
26.50
25.62
24.12
21.55


25.58
m--
21.00


16.25
16.12
15.58
14.00


25.75
25.50
23.72
20.70


24.88
22.80
19.80


16.55
15.60
14.52
15.18


25.52
25.38
23.75
20.52


24.78
22.88
19.75


16.50
15.65
14.95
14.02


27.25
27.20
25.88
25.92
25.62
21.00


25.62
25.22
20.38


15.90
15.22
14.15
13.18


27.00
26.75
25.85
25.58
25.65
20.62


25.40
23.18
20.02


16.2.0
15.50
14.70
13.88


25.95
25.95
23.15



25.55
m--


m--
15.70
14.58
13.45


25.25
25.25
22.75
20.00


24.68
22.50
19.50



16.08
14.12
12.88


25.25
24.75
23.75
21.25


25.75
22.25
19.50


16.00
15.56
12.94
11.31


25.25
24.38
23.25
20.50



21.62
19.00



15.38
14.51
12.12


Bulls Yrlgs. excl.
Commercial
Utility

Calves 250-500#
Choice
Good
Standard

Vealers 150-250#
Choice
Good
Standard



Steers 500-800#
Fancy
Choice
Good

Heifers 500-750d
Choice
Good
Calves -
Steer -
Fancy 300-550i
Choice "
Good 300-500'
Heifer 500-500#
Fancy
Choice
Good


20.20 19.32 17.88 17.75
20.20 19.58 18.42 18.00


29.50
26.50
22.00


24.75
22.75
20.25


27.80
24.80
21.50


25.20
21.50
19.65


28.50
25.00
21.00


18.25 18.30
18.25 18.50


25.50
23.00
20.25


18.75 18.50


20.50 19.00


30.00
28.50
23.50


55.00
50.00
25.50


26.50
23.50
20.25


235.50
20.00


30.58
28.25
24.75


Feeder cattle and calves


26.12
23.88


26.82
24.45


26.95
25.75
25.85


26.25
25.85


- -- 25.85 25.25
21.65 20.00*


- 50.35
- 28.60)
-_ 24.60) 27.50

- 26.50 --
-- 24.50)
-- -" 22.85) 24.25


26.75
24.25


26.38
24.58


24.50 24.25
22.75 20.75*


31.75 --
28.75)
24.75) 29.25

28.75 --
26.00)
25.25) 25.25


27.25
26.00
23.00


25.88
24.00


24.75 24.25
21.75 21.50*


32.75 --
29.50)
27.00) 29.50

31.50 --
28.75)
26.00) 27.00


24.75
22.50


- 19.00
-- 19.00*e


26.50)
24.50) 25.50


25.50


*Medium and Good.











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HOGS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
-.----------- 7 ST, 7 7-^ ^. ^ ^ .-- -.- ^ _
: : Eight
: : Louis : Kansas' : Sioux 'S. St. S. St.'Indian-' Akts.
Week ended :Chicago: Nat'l. City : Oaha City oseph Paul apoli o
: Stock s s : bined
: Yards : : : :
AVERAGE COST Dollars per 100 pounds


Barrows Feb. 17, 1962 16.78 16.66 16.85
and Feb. 10, 1962 17.00 16.79 16.81
gilts Feb. 18, 1961 18.28 18.30 18.28
Feb. 17, 1962 15.90 14.15 14.74
Sows Feb. 10, 1962 13.83 14.19 14.66
Feb. 18, 1961 16.19 16.44 16.70
AVERAGE WEIGHT Pounds
Barrows Feb. 17, 1962 254 222 250
and Feb. 10, 1962 236 222 233
gilts Feb. 18, 1961 235 219 235
Feb. 17, 1962 452 435 433
Sows Feb. 10, 1962 466 428 428
Feb. 18. 1961 447 423 431


16.80 16.75 17.08 16.44 16.78 16.72
16.84 16.74 17.10 16.65 17.05 16.84
18.13 18.07 18.23 18.01 18.45 18.21
14.55 14.71 14.83 14.60 14.28 14.45
14.48 14.63 14.66 14.34 14.39 14.36
16.45 16.12 16.47 16.37 16.04 16.33


235 245 227
239 243 229
242 246 233
443 446 396
448 441 416
445 458 455


254
233
232
426
429
430


NUMBER OF HEAD -
Barrows Feb. 17, 1962 25909 47619 13207 54503 52297 15768 42476
and Feb. 10, 1962 25185 41332 13067 40542 37887 17885 42660
gilts Feb. 18, 1961 22977 43490 12953 34286 27505 18664 37493
Feb. 17, 1962 2491 2006 920 3311 2232 1131 5594
Sows Feb. 10, 1962 2544 2678 933 3939 2168 1570 2977
Feb. 18, 1961 2339 3787 992 4156 2060 1561 2515
SOWS Percentage of total
Feb. 17, 1962 9 4 7 9 6 7 8


Feb. 10, 1962
Feb. 18, 1961
I/ Weighted average.


9 6 7 9 5 8 7
9 8 7 11 7 8 6


227 252
228 233
224 232
456 459
447 440
454 440

51215 242994
28570 247128
29713 227081
2615 18500
2886 19695
2679 20089


8 7
9 7
8 8


AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG,
COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
Week ended Hog products I/ Hog prices 2/ Gross spread
------,-- margin I ---3/
Feb. 17, 1962 ................ $18.47 $17.14 $1.355
Feb. 10, 1962 ................ 18.73 17.46 1.27
Feb. 18, 1961 ............... 20.78 18.62 2.16
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.
1/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
: Barrows and : Corn 2/ : Hog-corn
Week ended : gilts 1/ : No.3 yeTlow : price ratio
: Dollars per : Cents per : based on
: 100 pounds : bushel :barrows and gilts
Feb. 17, 1962 ............. 16.78 107.7 15.6
Feb. 10, 1962 ............. 17.00 108.8 15.6
Feb. 18, 1961 ............. 18.28 111.6 16.4

1/ Weighted average. 2/ Simple average.







SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
S----------------- -----------------------------
Cssifit .Kansas Fort North
Classification Chicago Omaha City Worth :Denver Ogden Port-
S: : : land
- - - - - -- o


SLAUGHTER LAMBS:
Prime

Choice


Good


(Wooled) 80-110#
Feb. 17, 1962 ..... 18.22 17.65 17.85 -- 17.80 17.75 17.50
Feb. 18, 1961 ..... 18.25 -- 17.62 -- 18.00 -
Fe."I7,-l6 .....T I7T8' T 1i~ 17T753 16.00 16.83 17.00 17.25
Feb. 18, 1961 ..... 17.42 17.25 16.88 16.75 17.58 17.25 17.75
-- -----------------------------------------
Feb. 17, 1962 ..... 16.40 15.90 16.00 14.50 15.72 16.25 16.62
Feb. 18, 1961 ..... 16.12 16.45 16.12 16.25 16.48 16.50 17.00
--------------------------------------------


EWES: (Wooled) 90-150#
Good Feb. 17, 1962 ..... 5.75 5.62 5.50 7.62 7.25 5.75 5.25
Good & Choice Feb. 18, 1961 ..... 6.75 6.65 5.50 -- 6.88 4.50 5.00*
------------------------------------------------------------
Utility Feb. 17, 1962 ..... 5.85 5.62 5.00 6.50 6.75 5.00 4.50
Cull & Utility Feb. 18, 1961 ..... 6.50 5.80 5.50 7.50* 5.25 5.25 5.75*

Gull Feb. 17, 1962 ..... 5.50 4.00 4.00 -- 5.62 4.75 3.50
---------------------------------------
FEEDER LAMBS: (Wooled) 60-80#
Fancy Feb. 17, 1962 ...** 16.50 -- 16.51 -- 16.50
Choice Feb. 17, 1962 ..** -- 15.75 -- 15.00 15.75 16.00 15.50
Good & Choice Feb. 18, 1961 **** -- 17.00 -- 15.82 17.25 16.00 16.00
- --em e e n e m mn- --- -- -
Good Feb. 17, 1962 ..... -- 15.75 13.50 14.62 14.75 13.25
---------Shorn-- basis.
*Shorn basis.


MEATS AND MEAT PRODUCTS GRADED, OR ACCEPTED AS COMPLYING WITH
SPECIFICATIONS--BY THE U. S. DEPARTMENT OF AGRICULTURE /
CALENDAR YEAR

: Beef : Veal and calf : Lamb and mutton
Grade -
S 1961 : 1960 : 1961 1960 : 1961 : 1960


Thous. pounds


Prime ...............
Choice ..............
Good ...........,...
Standard ............
Commercial .........
Utility .............
Cutter ..............
Canner .........s....
Cull ................


259,858
5,148,751
1,590,165
202,479
45,140
144,555
44,919
2,755


198,565
4,600,524
1,772,589
199,497
56,858
155,627
12,588
1,807


Thous. pounds
1,025 1,299
29,664 54,605
121,565 115,459
17,440 23,565


1,454


14


1,898


120


Thous. pounds
45,872 41,511
292,102 229,805
11,622 10,720


8,775
8,775


71 46


Total ............. 7,458,602 7,057,655 170,940 176,924 558,442 282,110


Bull and stag beef ..
All other meats
and lard..........

1/ Data pertain only to
or acceptance.


9,099


9,780


245,150 156,517

meats offered to the U. S. Department of Agriculture for grading


t,,,,,Z,,,,,3,


---------- -*











WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEW

EASTERN SEABOARD Steer beef prices were
steady at most Eastern wholesale markets, how-
ever some Good 500 lower at New York while the
general trend at Philadelphia was 500-$1.00
higher; cow beef steady to 250 higher; veal and
calf mostly steady; lamb weak to $1.00 lower at
Philadelphia, and mostly steady to 500 higher at
New York, otherwise steady; pork loins 500-$5.00
lower and most decline at New York; other pork
cuts sold steady to $2.00 lower.
Choice and Prime kosher steer forequarters
were mostly steady to 500 higher while the trend
was steady to weak for kosher lamb, veal and
calf.
The general meat trade was moderately active
at the several markets and demand mostly fair.
Good clearance was reported at some markets but
some beef was carried at Baltimore and at New
York clearance was incomplete on beef, veal and
lamb. Demand for veal and calf was only fair.
Lamb foresaddles were fairly active at New York,
while hindsaddles met fairly good demand at
Philadelphia. The downward trend for pork loins
was influenced by curtailed purchase by large
retail chains which featured sales of this item
the previous week. Supplies of pork were fully
normal and other classes normal.

CHICAGO Prices on steer and heifer beef
were weak, veal and lamb steady, pork loins
8-16# $1.50-2.00 lower, Boston butts 4-8# and
spareribs 3# down 50 lower.
Veal supply continued small but other fresh
meat was available in normal volume. Good to
low-Choice beef carcasses were rather liberal
compared to average-Choice to Prime. Lamb 55-65#
and pork loins 12-16# were most plentiful.
Carcass beef trading was generally slow.
Loins advanced in a moderately active trade,
however other primal cuts were rather slow.
Rounds proved hardest to move till late when
some advance was recorded. Veal trade was only
moderately active but clearance on a small volume
was complete. Demand was moderate for carcass
lamb and all cuts had adequate outlet except
legs and ribs. Demand was moderate for pork
loins and butts on the initial session, however
all cuts were slow after Monday.


PACIFIC COAST Carcass steer and
heifer beef sold steady to strong in Los
Angeles, weak to mostly 50# lower in San
Francisco and steady to $1.00 lower in the
Pacific Northwest with the most decline in
Portland. Cow and bull beef held about
steady. Lamb was steady in California but
weak to $1.00 lower in the Portland-Seattle
area. Calf sold steady to $1.00 higher in
southern California, weak to $1.00 lower
in San Francisco and steady in the Pacific
Northwest; veal was untested in Los Angeles,
steady elsewhere. Fresh pork was steady to
$3.00 lower with the greatest decline on
loins in Los Angeles; cured pork mostly
steady other than smoked hams and sliced
bacon weak to $2.00 lower in Portland and
Seattle.
Carcass steer and heifer trade was
slow. Abundant supplies met poor demand in
the Pacific Northwest. Demand was rather
narrow in San Francisco. Volume of Choice
steer beef was below normal in Southern
California. Trading was generally slow on
all other classes.

CARLOT MEAT TRADE REVIEW

CHICAGO, DENVER, OHARA, NEW YORK AND
PHILADELPHIA Outlet was rather narrow
for normal supplies of steer and heifer beef
and trading was rather slow. Steer and
heifer beef was mostly steady to 50 lower
except at New York where Good steer beef
was 500-$1.00 lower. Cow beef sold steady
to $1.50 higher with some at Philadelphia
$2.00 up. Clearance was fairly broad.
Slightly below normal supplies of lamb
met a fairly good demand and sold steady
to $1.00 higher, mostly 50(-$1.00 higher.
Clearance was complete.
Near normal supplies of pork products
sold rather slowly and prices were generally
lower. Pork loins were steady to $1.50
lower at Chicago and $3.00 lower at Omaha.
Pork butts were 504 lower at Chicago. Fresh
hams were steady to 500 lower. Pork car-
casses were around 25f lower at New York
and steady to 250 lower at Philadelphia.
Clearance was fairly good.








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

C New York Chicago San Francisco Los Angeles
Classification *:----- : :- :- -
: Feb.17 : Feb.18 : Feb.17 : Feb.18 : Feb.17 : Feb.18 Feb.17 : Feb.18
-:- 962: 1961 1962_ _1961 _:_1 962 : _961 _:_ 962_ 61_


Steer beef -
Prime 700-800# 45.00
Choice 600-700 44.75


Good

Heifer beef -
Choice


700-800
500-600
600-700

500-600#
600-700


Good 500-600
Veal -
Prime 90-120#
Choice 90-120
Good 90-120
Lamb -
Prime 45-55#
Choice 45-55
Fresh pork -
Loins 8-1J4
Butts 4-8
Spareribs 3# don
Hams, smk. skd. -
Cook before eating 12-16;7
Fully cooked 10-14#
Bacon, smoked, sliced -
1# package (box lots)
Picnics, smoked (Cook
before eating) 4-8#
Lard, i# carton


44.00
42.30
42.80


63.50
54.50
49.00


44.90
45.30
43.98
42.40
45.15


65.00
56.80
50.30


43.75
43.00
41.75
41.25

43.00
43.00
40.25

60.00
56.50
51.00


44.88
42.88
42.88
42.88

43.25
43.25
41.12

62.50
57.50
51.50


42.75
42.00
41.88
40.62

42.00
41.00
41.00



55.50


41.25
40.50
41.00
39.25

40.00
39.50




53.00


42.75
41.75
41.75
40.25

42.50
41.50


41.00
39.75
40.51
39.19

40.69
39.88
59.50


39.10 40.25 37.00 59.00 38.00 39.50 38.50 39.75
39.10 59.75 37.00 39.00 38.00 39.50 38.50 39.75


47.25
35.90
40.95

46.50
48.00


49.70
39.30
45.50

47.00
49.00


44.12
33.75
37.25


45.45
36.69
59.25


49.75
41.35
44.60


51.50
42.50
46.50


51.25 50.50 51.25
51.00 55.25 -- -


47.50
39.01
39.00


48.00
42.00
44.50


49.50 47.50


50.50 51.00 50.75 55.25 52.00 58.25 49.50 54.50

32.35 55.50 35.50 56.25 33.75 55.00 33.50 33.50
13.25 15.75 14.50 17.00 17.50 18.00 16.56 17.62


BULK PRICES CAROT BASIS WEEK ENDED FEBRUARY 16, 1962
- -" ~--'T--T --- ~- ~Pice5 adoB ~- PMeSs-de-TV5red- -
Classification : Price aj .i.0. -r MQ2 -I -g1 ZC J -- M-----j^S a
-- -. -- o Denver : . ._


steer oeex -
Choice


Good


Heifer beef -
Choice

Good

Cow beef All
Utility
Canner and Cu
Lamb -
Prime


Choice


Fresh pork -
Loins


41.50-42.00
41.00-41.50
41.00-41.25
38.50-40.00
38.00-39.50
38.00-39.50

41.50-41.75
41.50-41.75
37.50-38.00
37.50-38.00

29.00-30.00
29.50-30.00

36.00-37.00
34.50-35.50
32.00-34.00
36.00-37.00
34.50-35.50
32.00-34.00


40.50-41.00
40.00-40.50
40.00

36.50-39.00
36.00-39.00

40.00-40.25
40.00-40.25
36.00-37.00
36.00-36.50

29.00-29.50


35.00-35.50
33.50-34.00
31.00-32.50
35.00-35.50
33.50-34.00
31.00-32.50


41.00-41.50
40.25-40.75
40.25

37.75-39.25
37.00-38.25

40.75-41.00
40.75-41.00
37.25-37.50
37.25-37.50

28.25-28.75
28.25-28.75




34.25-35.25
33.25-34.25
32.25-33.25


43.50-44.00
43.00-43.50
42.50-43.00
38.50-41.50
38.50-41.50
38.50-41.50


43.50-44.00
43.00-43.50
42.50-43.00

39.50-42.00
39.00-41.50


-43.00-43.50
-43.00-43.50



-31.00-31.75
-31.00-31.50


37.00-39.00
36.00-37.50
34.50-35.50
37.00-39.00
36.00-37.50
34.50-35.50


37.00-38.00
36.00-37.00
34.00-35.00
37.00-38.00
36.00-37.00
34.00-35.00


8-1~a 41.00-42.00


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

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

bter


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


41.50


-- 43.00-43.50






BOSTON WOOL MARKET REVIEW


Supplies of greasy domestic worsted wools were
small in the Boston market but demand for spot and
early shorn medium fleece wools continued good. A
few cars of medium wools moved at firm prices.
Woolen wools and noils moved slowly at about
steady rates. There was a broad demand for greasy
pulled wools for combing purposes.
A sealed bid sale was held at Casper, Wyoming.
Activity in the territory States was slow with
occasional lots contracted for future delivery. A
fair volume of crutchings was sold in Texas and an
occasional car of early shorn medium wools was
moved in the fleece wool States.
Cabled quotations from Australia were very
firm with the Continent and Japan dominating the
trade but also supported by the United States and
Bradford. Prices were rising at the Christchurch,
New Zealand auction with local industry, the Con-
tinent and Japan the main buyers. Demand was good
in South Africa with the United States and Conti-
nent active. Combing wools were in large supply
and strong. About 5-10 percent of the offerings
were short wools and prices advanced about two
pence. Montevideo held firm with little done.
Fleece Wools Graded 56/58s staple fleece
wool sold for early delivery at $1.07 clean basis
while original bag medium grade fleeces moved at
$1.05 on a core test.
Territory Wools Turnover of spot territory
wools was practically at a standstill while oc-
casional contracting continued in Montana at last
week's prices. At Casper, Wyoming approximately
500,000 pounds of bulk fine wool in original bags
sold at a sealed bid sale. Grease prices ranged
from 40f-52.900 delivered with clean prices for
good French combing and staple wool estimated
around $1.18-1.19 and average French combing
length around $1.10-1.12 delivered.
Texas Wools A substantial volume of clippings
sold in Texas from 240-26-0 grease basis, f.o.b. to
the warehouse. Dealers estimated the scoured price
around 900 delivered East.
Mohair Trade in mohair was very slow.
Forein Wools Trading on spot foreign wools
continued slow. Quotations from all foreign wool
centers were very firm. Cabled reports at week's
end follow with combing wools converted to clean
U. S. oil-combed yields and short wools to scouring
yields, in bond.

South Africa
Oil-combed Scoured Yields

7 $1.11 17 $1.05
8 1.10 22 1.04
12 1.09 27 1.02
47- 1.10 28- 1.00
48 1.07 32 1.00
52 1.07 55 .95
55 1.05
Montevideo Super Skirted Wools: 60/64s $1.01,
S6s 7 0/58S 950, 58/56 924, 56/50s 910.


62 -
62A
65 -
77 -
78 -


Australia
Oil-combed
$1.16 78A -
1.13 79 -
1.12 80 -
1.17 422 -
1.15 425 -
424 -


$1.12
1.09
1.05
1.11
1.01
.97


New Zealand
Oil-combed
86 $.95
95 .88
854 .87
100 .85
107 .80
114 .80
128 .78


Carpet Wools Trade in spot carpet wools
was dull while all foreign carpet wool markets
were firm. Russia re-entered the carpet wool
market in India. Spot greasy Buenos Aires
November second clip wools were offered at 745
while scoured March wools were offered at 720
and scoured March wools for shipment were
priced at 70o. New Zealand carpet fleeces were
offered for shipment at 74# and early shorn wool
at 71n clean fibers present. Approximately
4,680 bales, including 600 bales of Afghan car-
pet wool will be offered at the Liverpool
Auction on February 21.
Woolen Wools Sales follow:
Scoured Pulled Domestic Scoured Pulled Foreign
56/58s 2-3" It. gray 700 N.Z. 56/58s 2-5"
Scoured Shorn Domestic white $1.15-1.16
12 mos. Tex. $1.25-1.29 Greasy Pulled Foreign
Fall Texas .95-1.00 (Clean basis,duty paid)
Noils N.Z. 56/58s second
=ear Aust. 64s nobles slipes $1.05
880 N.Z. 48/50s 5-4" for
Clear Cape 70s schlums shipment $1.05
690 Scoured Shorn Foreign
Clear Aust. 56s schlums
650 Aust. 2s locks and
Clear Aust. 64s French pieces 86f
680-700
Gd. dom. 56s nobles 55S
Wool Tops Trade in wool tops remained
dull. There was a continued demand for oil and
dry-combed fleece 54s tops.
Warp Aust. D/C Warp Dom. D/C
70s $1.91 $1.81
64s 1.81 1.75
62s 1.71 1.68
60s 1.64 1.61
58/60s- 1.56 1.55


CLOSING FUTURES QUOTATIONS Feb. 15,
1962 (Furnished by the Wool Associates of the
New York Cotton Exchange)
March wool tops $1.615 (Bid)
May wool tops 1.595 (Bid)
64s grade 2.55" minimum length
March wool $1.220 (Traded)
May wool 1.210 (Bid)
64s grade 21" average stretched length







ANNUAL LIVESTOCK AND POULTRY DINVW TOPY JA TIAY 1, 1962
(Following summary based on the complete report released by the
Crop Reporting Board, AMS, February 13, 1962)

CATTLE: The January 1, 1962 inventory of cattle and calves on farms and ranches totaled
99,506,000 head-2 percent above the 97,319,000 head on farms and ranches a year earlier and 7
percent greater than the 1951-60 average of 92,616,000 head. The number of milk cows and dairy
replacement heifers continued to decline, showing a 1 percent drop from a year earlier. This
reduction was more than offset by a 3 percent increase in other cattle, mostly beef-type. The
January 1 total for all cattle is the highest of record for this date and this is the 4th consec-
utive year cattle numbers have shown an increase.
Changes in cattle numbers from a year earlier were smaller for most States. Kansas, with
a gain of 7 percent, had the largest percentage increase of any State. Kentucky was next with a
6 percent increase. Five percent gains were made in Missouri, Nebraska, and Washington. Nine
States showed no changes in numbers from a year earlier. Texas, with almost one-tenth of the
Nation's cattle, had an increase of 3 percent. Eleven States had fewer cattle on farms and
ranches on January 1, 1962, than a year earlier, with the largest percentage drop being 3 per-
cent for Idaho.
Commercial cattle slaughter in 1961 totaled 25,609,500 head, up 2 percent from 1960. Calf
slaughter at 7,684,200 head was down 7 percent. Live cattle imported from Mexico and Canada dur-
ing 1961 totaled 1,046,498 head compared with 672,691 head in 1960.
Milk cows and heifers 2 years old and over, at 19,215,000 head, were down 1 percent from
January 1, 1961. This was 14 percent below the 10-year average and the 8th consecutive year to
show a decrease. The number of dairy replacement heifers 1-2 years of age declined 1 percent
and, at 4,996,000 head, dipped below the 5 million level for the first time since 1958. Heifer
calves kept for milk were up 1 percent.
The number of other cattle (all cattle less milk cows and dairy replacement heifers) showed
a gain of 3 percent from January 1, 1961. Cows other than those kept for milk increased 4 per-
cent from a year earlier, reaching a record high of 28.1 million head. This was the 4th consecu-
tive year of increase for this group. Other heifers 1-2 years of age totaled 7.2 million head,
3 percent above January 1, 1961. Steers 1 year old and older at 10.9 million head equalled the
number a year earlier. Other calves at 21.7 million head were up 5 percent to total the largest
number of record. Bulls 1 year old and older were about equal in number to a year earlier. In-
cluded in the inventory numbers for January 1 were 8.5 million head of cattle and calves on feed
for the slaughter market.
HOGS: The number of hogs on farms January 1, 1962, at 56,982,000 head, was 3 percent more
than the 55,443,000 hogs a year earlier and 4 percent above the 10-year average. All of the Corn
Belt (12 North Central) States showed increases over last year. On January 1, 1962 these States
accounted for 77 percent of the United States total. Iowa, the leading hog State, with 23 per-
cent of the total, showed a 4 percent increase over last year. Increases in other important
States included: Illinois up 8 percent, Indiana 5 percent, Missouri 1 percent, Ohio 2 percent,
and Nebraska 8 percent. In the 36 States outside the Corn Belt, January 1 inventory numbers
were larger than a year earlier in 5 States, the same in 6, and down in the remaining 25 States.
The number of hogs under 6 months of age totaled 37,959,000 head--up 2 percent from last
year. The fall pig crop which accounts for most of the pigs under 6 months of age was 4 percent
larger than the 1960 fall crop. Sows and gilts at 8,056,000 head were 3 percent above a year
earlier. Hogs 6 months and older (excluding sows and gilts for breeding), at 10,967,000 head,
were up 6 percent from January 1, 1961.
SHEEP: Stock sheep and lambs on farms and ranches declined 4 percent during the past year
and totaled 27,281,000 head on hand January 1, 1962. This was the smallest inventory since 1958
and compares with the 1951-60 average January 1 number of 27,437,000 head. Sheep and lambs on
feed for market totaled 4,165,000 head--nearly 6 percent below the level of a year earlier. The
number of all sheep and lambs (stock numbers plus those on feed for market) at 51,446,000 head
was 5 percent less than a year earlier.
Inventories of each class of stock sheep were lower than a year earlier. The 10 percent
drop in ewe lamb numbers was the most pronounced decrease of all classes. All regions showed a
decrease. The number of ewes 1 year old and over declined 4 percent during the year. Wether
and ran lambs decreased 2 percent and rams 1 year old and over were down 3 percent.
Total stock sheep numbers in the 13 Western States (11 Western States, Texas, and South Da-
kota) decreased 5 percent. This was the second consecutive year that these States, as a group,
showed a decline. Each of these States had fewer stock sheep and lambs on hand this January
than a year earlier. Montana showed the greatest decline--down 11 percent. Stock sheep numbers
declined 4 percent in the 35 Native States--a continuation of a down trend in evidence since
1958. Kansas and New York were the only States which increased stock sheep numbers during 1961.










LIVESTOCK AND POULTRY: NUBIER ON FARMS JANUARY 1, 1953-62, FOR THE UNITED STATES


Year : Cattle : Cow 2 years Hogs
: : + for milk 2_ -_
1,000 1,000 1,000
head head head


1953
1954
1955
1956
1957
1958
1959
1960
1961
1962


94,241
95,679
96,592
95,900
92,860
91,176
95,322
96,236
97,319
99,500


23,549
23,896
23,462
22,912
22,325
21,265
20,132
19,527
19,342
19,215


51,755
45,114
50,474
55,354
51,897
51,517
58,045
59,026
55,443
56,982


: Stock : Chickens : Turkeys
: sheep_ :_ _
1,000 1,000 1,000
head head head


27,593
27,079
27,137
26,890
26,348
27,167
28,108
28,849
28,556
27,281


398,158
396,776
390,708
383,690
391,363
374,281
387,002
369,484
360,576
365,477


5,086
4,956
4,917
4,937
5,828
5,612
6,105
5,633
6,770
6,352


I/ Does not include Hawaii and Alaska. / Included in all cattle.

LIVESTOCK AND POULTRY, BY CLASSES, UNITED STATES, JANUARY 13/
_--- --------------- -,-- -- --;-- -- --.-- -- -;-j-8---
: Average : : : : 1962 as
Class : 1951-60 : 1960 : 1961 : 1962 : percent
S : : : of 1961


Cattle and calves ...........
Kept for milk ..............
Cows 2 yrs. and older .....
Heifers 1 to 2 yrs .......
Heifer calves .....,......


Other cattle ..............
Cows 2 yrs. and older ......
Heifers 1 to 2 yrs ......
Calves .....................
Steers 1 yr. and older .....
Bulls 1 yr. and older ......

Sheep and lambs .............
On feed ..................
Stock sheep ................
Lambs ...................
'vre ......................
Wether and ram ..........
1 yr. and older ...........
Ewes .....................
Rams .....................
Wethers ................

Hogs and pigs ..............
Under 6 months .............
6 months and older .........
Sows and gilts ............
Others ..................

Chickens ...................
Hens .....................
Pullets .................
Others ...................


1.000 head
92,616
33,840
22,570
5,467
6,004


58,776
23,892
6,214
17,976
8,948
1,747

31,626
4,189
27,437
4,978
4,209
769
22,459
21,358
864
236

54,757
32,985
21,772
8,620
13,152

394,900
125,767
245,648
23,486


1,000 head
96,236
30,181
19,527
5,079
5,575


66,055
26,344
7,056
20,425
10,574
1,676

33,170
4,321
28,849
5,285
4,562
721
23,566
22,406
927
235

59,026
58,747
20,279
7,531
12,748

569,484
126,747
225,019
17,718


1,000 head
97,319
29,948
19,342
5,060
5,546


67,371
27,028
7,047
20,652
10,942
1,702

32,967
4,411
28,556
5,001
4,115
886
23,555
22,396
924
235

55,443
37,271
18,172
7,800
10,372

360,576
132,613
210,076
17,887


1,000 head
99,500
29,805
19,215
4,996
5,594


Percent
102
100
99
99
101


69,695
28,111
7,240
21,698
10,947
1,699

31,446
4,165
27,281
4,556
3,684
872
22,725
21,603
898
224

56,982
37,959
19,023
8,056
10,967

365,477
129,261
218,065
18,151


/ Does not include Hawaii and Alaska.
Statistical Reporting Service Crop Reporting Board.


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



r





r







153


MEAT AND'MEAT FOOD PRODUCTS PREPARED AND PROCESSED
UNDER FEDERAL INSPECTION


Week ended -


Product


SJan.
* 6
: 1962


1 -000-
Placed in cure -
Beef ..... 2,922
Pork . 52,878
Other / . 61
Smoked and / or dried -
Beef / .. 866
Pork / .. 40,255


Cooked meat -
Beef. .
Pork. .
Other .
Sausage -
Fresh finished. .
To be dried or semi-dried
Franks, wieners .
Other, smoked or cooked
Loaf, head cheese, chili,
jellied products. ....
Steaks, chops, roasts .
Meat extract. ..
Sliced bacon 2/ .
Sliced, other I/ 2/ ..
Hamburger ....
Miscellaneous meat product.
Lard, rendered .
Lard, refined .
Oleo stock .
Edible tallow .
Rendered pork fat -
Rendered ....
Refined ....
Compound containing animal fat
Oleomargarine "
Canned product (for civilian
use and Dept. of Defense).


912
3,612
57

4,974
2,301
11,540
11,201

3,250
11,754
7
19,060
5,278
4,987
5,474
35,153
25,294
1,222
7,366

1,681
948
14,027
3,642

47,259


Jan.
20
1962


Jan.
27
1962


1,o000 1,000#


Jan.
13 :
1962 :

1.000#

3,124
65,996
79

1,003
48,052


971
4,422
90

6,236
2,743
12,696
13,354

3,824
13,645
5
22,480
6,159
5,456
6,010
40,944
29,397
1,492
8,448

1,885
1,400
17,673
4,253

59,125


3,290
59,661
241


Feb.
3
1962

1,.000#

3,329
60,037
61


1,338 1,297
44.180 44.153


3,167
64,697
48

806
48,395


1,029
4,406
65

6,262
2,504
12,853
13,510

4,128
13,230
20
21,679
6,742
5,235
6,932
40,961
30,336
1,665
8,458

1,819
1,207
17,778
4,617

61,879


985
3,991
117

5,579
2,351
12,465
12,724

3,798
12,758
11
18,636
6,692
4,341
8,100
38,441
29,623
1,794
7,795

1,614
902
19,564
5,030


58,635 64,349


Total V/ . 317,985 380,961 384,427 356,618 370,535
----------------------------------------
I/ This figure represents "inspection pounds" as some of the products may
have been inspected and recorded more than once due to having been subjected
to more than one distinct processing treatment, such as curing first, then
smoking, slicing.
2/ Includes sliced dried beef, sliced sausage, loaves, etc.
Meat Inspection Branch, Agricultural Research Service.


1,112
4,019
25

5,572
2,354
12,310
13,044

3,899
12,136
308
19,485
6,279
4,713
6,698
37,440
26,971
1,535
8,827

2,463
689
16,348
3,046








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COLD STORAGE HOLDINGS OF MEATS AND LARD, JANUARY 51, 1962


Refrigerated stocks of red meats totaled 482 million pounds on February 1
following a contra-seasonal decline of 5 million pounds during January. This
reduction compares with an increase of 22 million pounds during January last
year and a 5-year average rise of 28 million pounds. An 8-million-pound net
increase in total pork stocks brought February 1 holdings to 208 million pounds.
This compares with a 51-million-pound gain during January 1961 and the average
increase of 50 million pounds. Frozen pork gained 6 million pounds to total
170 million pounds on February 1 and cured pork increased 2 million pounds to 39
million pounds. Other meats increased 2 million pounds during January and
amounted to 87 million pounds on February 1.


UNITED STATES STORAGE HOLDINGS OF MEATS AND IARD, JAN. 51, 1962, WITH
(Includes holdings in public, private and semi-private
cold storage houses and meat packing plants)

SJanuary
Commodity January January : December
S1957a1961 : 1961


COMPARISONS


2
t
I


1,000 lb. 1,000 lb. 1,000 lb.


Beefi
Frozen . .
In cure and cured .
Total .


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


r

ro
or
,,
,
r




Total .
Pork in cooler:
Dry salt bellies .
Other dry salt pork ..
Other pork cuts .
Total .... .
Total pork .
Other meats and meat products:
Veal, frozen .
Lamb and mutton, frozen 0 0
Canned meats in cooler:
Hams . .
Other meats .


165,009
12,700


147,501
9,091


January
1962
1,000 lb.


188,792 174,610
11,195 11.759


177,709 156,392 199,987 186. 49

9,563 6,553 8,003 4,474
45,601 41,959 15,754 50,562
62,763 45,059 59,532 43,700
1/ 6,729 9,552 7,515
6,771 6,074 5,656
5,284 5,319 2,654
7,844 10,555 9,979
S10,354 11,785 11,144
82,008 56,925 59.255 54,319
199,955 163,456 163,607 169 605


10,566 7,505 7,258 7,978
8,051 5,168 5,072 5,157
54,075 24,798 24,125 25,597
52,670 37,271 56,455 58,712
252,605 200,727 200,062 208,515


15,664
10,197

2 (61,647
(


13,175
12,552

36,625
26,555


11,589
17,605

28,677
27,425


9,296
15,576

55,541
27,004


Total all meats 515,822


445,624


485,143


481.881


Lard, rendered and refined 5/ 112,197 114,500 108,100 4
GOVERNMENT HOLDINGS 5/ -
Pork .. 4,650 2,237 2,450 1,785
Beef .............. 7,967 2,657 5,119 2,151
I/ No historical data available. 2/ Includes other canned meats. 3 In dry and
Zold storage as reported by Bureau-of Census. 4/ Not available. 5/ Government
holdings are included in the totals and consist-of reported stocks-held by
U. S. D. A., the Armed Services and other Government Agencies.


t




UNIVERSITY OF FLORIDA

II 1 1 I 11 11111111111111111I II i ll 111 11111
3 1262 08500 5857
Po?=W..* -- ---- r--


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


OFFICIAL BUSINESS

Form AMS-2/20/62
Permit 1001.


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


RETAIL SALES VALUE COMPARISONS OF 600-POUNTD CHOICE GRAIE BEEF CARCASSES

Recent studies by the Department of Agriculture have shown that there is a great deal
of variation in the retail sales value among beef carcasses of the same USDA grade. These
variations are caused by differences in yields of retail cuts resulting from differences in
fatness and muscling. To illustrate these value differences, beginning with this issue
and continuing on a monthly basis, retail sales values per hundredweight of carcasses will
be published for 600-pound Choice grade beef carcasses with high, intermediate, and low
yields of retail cuts. The yields of retail cuts used for the high and low groups do not
represent the extremes encountered in Choice grade carcasses of this weight. Rather,
they are intended to represent carcasses of this weight and grade with yields of retail
cuts typical of the upper and lower thirds of the total range encountered.


These values are based on yields
followed by many retailers throughout
cutting, and other losses encountered
basic differences among carcasses.


of retail cuts resulting from a style of cutting
the country. They do not allow for shrinkage,
in retail operations since these do not reflect


Values are calculated from prices furnished to the Marketing Economics Division of
the Economic Research Service by a large number of selected retailers throughout the
country.

RETAIL SALES VALUE COMPARISONS OF 600-POUND CHOICE GRAIDB EEF CARCASSES*
January 1962


High Intermediate


Percentage of carcass weight in retail cuts

Retail sales value per cwt. of carcass


78.9%

$66.80


74.3%

$63.34


Low

69.7%

$59.89


* These values reflect differences in the percentage of retail cuts from carcasses
within the Choice grade. The high and low groups do not represent extremes, but
rather are intended to represent carcasses typical of the upper and lower thirds of
the total range in retail cut yields encountered in 600-pound Choice grade carcasses.