Livestock, meat, wool market news

MEAT


WOOL


WEEKLY SUMMARY
AND STATISTICS


LIVESTOCK DIVISION, AGRICULTURAL MARKETING SERVICE
U.S. DEPARTMENT OF AGRIC UL RE
WASHINOTON 25, D.C6.
Vol. 30, No. 15 arch 27, 1962
Week ended Mar 2 /
-. / Page
Livestock Market Reviews. . ... .. 258
Livestock Narket Receipts . .. 241
Feeder Statistics . . 241
Estimated Percentage of Feeder Cattle and Slaughter Cows
in Salable Receipts . .. .. 241
Steer Sale Statistics . . 42
Slaughter at Major Centers . 245
Estimated Slaughter and Meat Production . .. 245
Cattle Prices . . 244
Hog Prices . . . 45
Hog Purchase Statistics . .. 246
Sheep and Lamb Prices . . 247
Wholesale Meat Trade Reviews . .. 248
Wholesale Dressed Meat Prices . 249
Wool Market Review . . ... 250


Special to this issue
Federally Inspected Slaughter by Regions, February 1962 .
Federally Inspected Slaughter at Major Centers,
Calendar Years 1960-61 . ..
Meat and Meat Food Products Processed and Canned Under
Federal Meat Inspection, Feb. 4-Mar. 5, 1962 .
Stocker and Feeder Cattle and Sheep Received in Several
North Central States, February 1962 . .
United States Exports of Meats, January 1962 .
United States Exports of Livestock, January 1962 .


assl-WI@l






MIDWEST LIVESTOCK REVIEW
and

RANGE AND FEEDLOT SALES


All slaughter classes of livestock sold
lower at midwest markets. Slaughter steers
closed mainly 25-500 lower, this the first gen-
eral downturn in seven weeks. Slaughter heifers
sold steady to 75# lower and cows 500-$1.00
off. Feeder cattle and calves were generally
steady to strong. Barrows and gilts were
steady to 250 lower with prices steady at sev-
eral points and steady to 25# higher at Sioux
City and Sioux Falls. Sows were steady to 25#
lower at most centers. Slaughter lambs closed
steady to 50# lower for the week.

SLAUGHTER CATTLE AND CALVES Slaughter
steers suffered the first general price decline
in seven weeks. The downturns were influenced
by lower dressed beef prices. In a general
way, slaughter steers closed steady to 75#
lower, mostly 25-500 lower. Nevertheless, with
the percentage of Prime steers in receipts
much smaller than this time last year, high-
Choice and Prime sold steady to 25# higher at
some points. Marketings were rather liberal
early in the period following small receipts
the previous week due to severe weather and
snow choked roads. Danger of flooding also
spurred some cattle to market early in the week.
After Tuesday, however, receipts were small,
partly -as the result of lower prices and partly
because of high water and muddy roads in some
sections. Slaughter classes other than steers
also felt considerable downward pressure. Heif-
ers sold steady to 75# lower and cows declined
50-$1.00. Bulls sold unevenly steady to $1.00
lower and vealers were $2.00-3.00 lower in
St. Paul and St. Louis.
While the 6.4 percent Prime steers in Chi-
cago was larger than the previous week, it was
less than half the 15.8 percent Prime a year
ago. At most midwest markets, Good and low-
Choice grades formed bulk of the slaughter steer
and heifer supply, and a larger percentage of
receipts consisted of cows.
Slaughter steers: Six loads Prime 1185-
1405# $51.25-31.50 at Chicago, where most Prime
and mixed Choice and Prime 1100-1450# brought
$29.25-31.00 and Choice 900-1500# bulked at
$26.00-29.00, Good $23.00-25.50. At other mar-
kets a few high-Choice and Prime brought $27.00-
28.50, Choice bulked at $25.00-27.00, Good
$22.00-25.00.
Slaughter heLferss Most Choice $24.50-
26.00, high-Choice and Prime $26.25-28.25; bulk
Good $21.50-24.50.
Slaughter cows: Utility and Commercial
sold from $14.50-17.50, Canner and Cutter $12.00-
15.50.

FEEDER CATTLE AND CALVES Moderated weath-
er conditions found the movement of livestock
restored to more normal proportions and supplies
of feeder cattle at terminal markets were
appreciably larger than the previous week when


heavy snows virtually stopped marketing from
some areas for a period of several days. The
restoration of improved traffic conditions was
accompanied by an expanded and noticeably more
dependable over-all demand than the previous
week when entry to many farms and feedlots
in the northern part of the midwest was blocked
by drifting snow. Slaughter cattle prices
during the current week suffered a downturn
but remained appreciably higher than a year
ago and at levels which proved encouraging to
many feeder buyers. At the same time with a
new grazing season in the near offing, there
was the normal good early spring demand for
thin fleshed cattle to put on grass. Thus,
trading was fairly active at steady to strong
prices. At Kansas City steers 7504 down sold
steady to 50# higher while over 750' ruled
steady to 25# lower in sympathy with a decline
in slaughter cattle prices. However, feeder
buyers around the market circuit showed con-
siderable interest in fleshy steers and these
interests purchased a larger percent of the
two-way kind than in most recent past weeks.
Feeder steers: Good and Choice 800-1050/
brought $22.00-25.00. At Kansas City some
Choice and Fancy, partly fattened 800-950#
$25.00-26.00 and at Chicago Fancy 875# $26.50.
Scattered shipments Choice and mixed Choice
and Fancy 550-650# $27.25-28.50; bulk Good and
Choice 550-75C-'L $23.00-27.00; Medium and mixed
Medium and Good 550-750# $18.50-24.00.
Feeder heifers: Few Choice 532-543#
$25.75-26.75; bulk Good and Choice 525-70Q0#
$21.50-25.25.
Feeder calves: Choice and mixed Choice
and Fancy 350-550#f steers ranged $27.00-32.00;
Good and mixed Good and Choice $24.00-29.00.
Good and Choice 350-500w heifers $22.00-27.75,
three loads Choice and Fancy 362-466# heifers
$27.30-50.20.

HOGS Terminal markets Marketings of
hogs were accelerated by the first evidence
of spring throughout the major marketing area.
In the northern cornbelt area there was a
pronounced movement of barrows and gilts
above 2501. Prices on barrows and gilts were
mostly steady to 25# lower, the downturn was
largely on weights above 250#. At Sioux City
and Sioux Falls road conditions were improved
and despite above normal receipts prices were
steady to 25# higher. Sows were steady to 25#
lower, except steady to 25# higher at Indianap-
olis and steady to 75# higher at Sioux Falls.
This class comprised about 8 percent of the
eight market supply compared with 7 percent
the previous week. The twelve market receipts
were 10 percent larger than the previous week as
storm curtailed run, and 15 percent greater
than a year ago.
Barrows and gilts: No. 1-2, 190-240#
$16.50-17.00, No. 1-3, 190-250# $16.00-16.75,








large volume $16.25-16.50.
Sows: U. S. 1-, 270-400# $14.25-15.00,
No. 2-3, 400-5500 $15.50-14.50.
Feeder pigs were 50# lower at St. Paul with
a mild increase in volume influence Lng the down-
turn, Choice 120-150W sold at $14.50-15.00. At
Sioux City prices were steady, Good and Choice
140-165# brought $14.50-15.00.
Hogs Receipts in the Interior Iowa-South-
ern Minnesota area totaled 343,000 head for the
week, compared with 348,000 last week and
315,000 the corresponding week last year. On
closing session barrows, gilts and sows were
steady to 10# lower than the previous Friday.
Barrows and gilts: U. S. 1-5, 200-240m
sold at $15.25-15.00, No. 1 and 2, 200-230#
$15.75-16.25.
Sows: Most U. S. 1-3, 270-400Q $13.75-
15.00; No. 2 and 3, 400-550. mostly $12.25-13.75.
Hogs Interior Illinois Receipts totaled
111,900 compared with 115,000 the previous week
and 96,400 a year earlier. Barrows and gilts
weighing 190-240# predominated with 240-260#
offerings comprising 15 percent and sows near
5 percent. Barrows, gilts and sows sold steady
to 25# lower for the week.
Barrows and giltst On Friday, U. S. 1-3,
195-240# $15.75-16.25, mostly $15.85-16.151 some
No. 1-2, 200-220# $18.40-16.50 and limited
volume sorted No. 1, $16.75-17.00; No. 1-5, 230-
250# $15.50-15.85.
Sows: U. S. 1-3, 250-400# $13.00-14.75,
No. 2-3, 400-500 $12.00-13.25.

SHEEP AND LAMBS Receipts at the 12 ter-
minals totaled 97,000 head, 25 percent more
than the limited volume a week earlier but 14
percent below last year. Seasonal improvement
in weather and road conditions were partially
responsible for the increased movement. Expanded
receipts coupled with lower carlot dressed lamb
prices influenced steady to 50# lower trends
on slaughter lambs at most centers. Early ship-
ments of spring slaughter lambs increased par-
ticularly at Kansas City and Fort Worth. Slaugh-
ter ewes were steady to strong. Limited receipts
of feeder lambs were largely steady to 25# lower.
Old crop slaughter Iambs Bulk Choice
and aixed Choice and Prime 85-117# wooled closed
at $17.00-18.25, but $17.00-17.75 at several
centers. Good and Choice 78-11I# $16.00-17.25.
Choice and few Prime 83-110# shorn No. 1-2 and
fall shorn pelts closed at $16.50-17.50; Good
and Choice 84-108# with No. 1-2 and fall shorn
pealt $15.50-17.00.
Spring slaughter lamabs Choice and Prime
84-109# $18.00-19.00, few $19.50 at Fort Worthj
Good and Choice 68-83# $17.00-18.50 at Fort
Worth.
Slaughter ewest Cull to Good wooled $4.00-
8.25; shorn $2.80-7.I.
Feeder lambes Choice and Fancy 70-95#
cooled $15.50-17.00, deek 89# $17.50 at Omahaj
Good and Choice 73-93# $14.00-16.50.
Sheep and lamb receipts in the Interior
lowa-Southern Minnesota area numbered 18,100
head, 15 percent below a week ago but 9 percent


more than last year. Wooled slaughter lambs
closed 50# lower for the period, shorn lambs
weak to 50# lower; slaughter ewes strong.
Wooled offerings accounted for around 80 percent
of the lamb supply.
Slaughter lambs: Choice including a few
Prime 90-110# wooled delivered to packing plants
$16.50-17.50, mainly $17.00-17.50j Choice 110-
120# along with Good and low-Choice 85-1--Z
$16.00-17.00. Choice and few Prime 35-U110
shorn No. 2 to fall shorn pelts $16.50-17.50,
Good and low-Choice $15.50-16.50.
Slaughter ewes: Cull to Good wooled
$5.00-6.00; shorn $2.50-5.50.

RANGE AND FEEDLOT SALES

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

ARIZONA, CALIFORNIA, NEVADA AND UTAH -
Slaughter steers and heifers slow, mostly
steady; feeder cattle and calves moderately
active, fully steady. Few spring slaughter
lambs weak to $1.00 lower, old crop offerings
about steady.
Slaughter steers: California, 40 Choice,
few Prime 1100-1150# $28.00; 240 Choice 1000-
1125# $27.50-27.75, latter price delivered with
about 200 freight; California and Arizona for
immediate to June 15th delivery: 3,200
mostly Choice, 950-1100# $26.75-27.25;
3,600 Good and Choice 900-1100# $25.65-
26.65; 2,000 mostly Good 775-1175# $24.50-
25.50; 135 Standard 1000# $23.00.
Vtah, 500 mostly Choice 1075-
1200# $25.25-26.00
Slaughter heifers: California and
Arizona, 150 Choice 800-900# $26.00; 1,100
Good and Choice 750-975# $25.25-25.90; 150
Good 800-925# $24.90-25.00. Utah, 40 mostly
Good 900# $23.50.
Feeder cattle and calves: Current to
June delivery steers, 4,000 mostly Choice
600-850# $24.00-25.60. Mixed steers and
heifers, 70 Choice 575#, steers $27.00, heif-
ers $25.00; 660 mostly Choice 475-580#, steers
$26.00-27.00, heifers $24.00-25.00; 2,500
Good to mostly Choice 550-750#, steers $25.00,
heifers $22.50-23.50; fall delivery, 575
Choice 625-650# steers $24.00 and 500-550#
heifers $22.50.
Spring slaughter lambs: California,
28,000 Choice and Prime 90-101# $20.00; 2,200
Choice and Prime 95-100# $19.00 late. Ari-
zona, 4,200 Choice and Prime 95# $19.00-
19.25 to California outlet.
Old crop slaughter lambs: 6,500 mostly
Choice 109-115# shorn with No. 1 pelts $17.50.
Utah, 500 Choice 115# wooled $17.25.

COLORADO, SOTHERN WHIMi, WESTERN KANSAS
AND WESTERN NEBRASKA Slaughter steers and
heifers slow, 25# to mostly 50# lower. Sales
were confirmed on only 195 loads of slaughter









steers and heifers compared with 425 loads the
previous week and 345 loads a year earlier.
Slaughter steers: Sales confirmed on 2,500
head. Colorado, few loads average to high-Choice
1150-1500# $26.25-26.50, bulk sales Choice
1050-1275# $25.25-26.00, high-Good and Choice
1000-1200# $24.50-25.25, few loads Good $23.00-
24.50. Western Nebraska, 6 loads mostly Choice
1160-1180# $25.00-25.25.
Slaughter helferst Sales confirmed on
2,600 head. Colorado, Choice 850-1050# $25.00-
26.00 with most sales after Wednesday $25.00-
25.50, and few loads at $26.00 late carrying
an end of Prime; high-Good and Choice $24.50-
25.00, few Good $23.00-23.75.
Feeder cattle: Demand continued good with
sales and contracts confirmed on 1,200 head
at steady prices. Western Kansas and northern
Oklahoma, Choice 600-900# steers $23.00-25.60,
Choice 600-750# heifers $25.00-24.15.
Sheep and lambs: Sales confirmed on 20,000
head. Slaughter lambs sold steady to 500 lower
with most sales 50# lower at the close. Choice
and Prime 100-110# wooled lambs $17.00-18.00
with closing sales $17.00-17.50 down; Choice
and Prime 100-110# shorn lambs $15.50-16.50.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Slaughter
cattle rather slow, steers 250 to mostly 50#
lower. Not enough sales of heifers to adequately
test price trend. Confirmed feeder transactions
on 7,000 head at fully steady prices.
Slaughter cattle: Steers, Good and Choice
1100-1200# $24.25-25.25 delivered; Good 800-940#
$22.75. Heifers, Good to mostly Choice 900-
975# $24.00-24.25.
Feeder cattle 1,100 Good to mostly
Choice 655-675# steers $25.50-24.25; few Medium
$19.50-20.50; around 5,000 Good and Choice
steers expected to weigh 700# at delivery in
the fall $21.90-22.40; 550 mostly Choice 480-
625# heifers $25.25-23.75.
Lambs: Trading slow at steady to weak
prices. Choice full wooled and fall shorn 94-
101# slaughter lambs $15.00-15.50, few $15.75.
Choice 80-85# feeders $14.75. Choice shorn
feeders 72-75# mostly for April delivery $12.00-
12.50.
Amarillo area Slaughter cattle slow,
steady to 500 lower. Confirmed transactions on
4,700 feeders at steady prices.
Slaughter cattle Steers, Good and Choice
1050-1200# $24.00-25.50. Heifers, Good and
Choice 875-925# $22.75-23.50.
Feeders: Choice and Fancy 525-650# steers
$25.00-26.25; Good and Choice 550-750# $23.25-
24.50, with a few 750-800# weights at $22.25.
Around 190 Medium 730# steers for fall delivery
$21.75; Choice and Fancy 500-635# heifers $24.00-
25.25; Good and Choice 600-650# $25.00-25.50;
around 1,150 Choice and Fancy 475-525# steer
calves and short yearlings $26.00-27.00; 30
Choice and Fancy 280-500# mixed calves, steers
$31.00, heifers $29.00; 100 Choice 450# heif-
ers $125.00 per head.


IDAHO, OREGON AND WASHI BTON Slaughter
cattle active, firm, feeders active, firm to
$1.00 higher; slaughter lambs slow, weak to
mostly 50# lower.
Slaughter steers: Washington, 1,100
high-Good and Choice 1050-1150# $26.40-27.00
current to July delivery; 180 Choice $27.25
for May and June; 550 Standard and Good
1075-1150# $22.00-22.50. Oregon, 500 Good
to mostly Choice 1050-1150Q# $26.25-27.25,
latter price delivered; 150 Good and Choice
1000-1050# $25.25-25.50. Idaho, 1,800 Good
to mostly Choice 1000-1200# $25.50-26.25,
current to April.
Slaughter heifers: About 500 mostly
Choice 800-950# $25.00-25.50 in Washington
and Oregon for up to July. In the three
states, Good and Choice 800-960# $24.00-24.75.
Feeder cattle and calves: Oregon, 600
Choice 525# steers $28.00; 2,100 Choice steers
expected to weigh 700-800# at September de-
livery $23.00-235.0. Washington, 150 Choice
317# heifer calves $29.00; 70 Choice 500#
heifers $25.00. Idaho, 470 Choice fleshy 800-
900# steers $25.00.
Slaughter lambs: Washington, 550 Choice
and Prime 104# with No. 2 pelts $17.00. Ore-
gon, 1,900 Choice 100-105# $16.50-17.00 de-
livered.

MONTANA AND NORTHERN WIKIDM Limited
sales of slaughter and feeder cattle fully
steady.
Slaughter steers Sales totaling 700
high-Good and Choice 1075-1150# $24.25-25.00,
largely $24.50-25.00, delivery immediate to
mid-May.
Feeder steers: Western Montana, 100
Choice 850-900# $23.50. Northern Wyoming,
sales totaling 700 Chotee and Fancy 500-600#
$26.00-27.50.
Stock cows: In Montana, sales totaling
250 Good and Choice 3-7-year-old $200.00-
250.00 per head, small lots mostly Choice
$225.00-2350.00.
Stock calves: Montana, 850 high-Choice
465# steers $157.50 per head, early April
delivery; 180 high-Choice 425-450# heifers
$120.00 per head; 700 Good to mostly Choice
400-500# steers $27.00-30.00; 600 high-Good
and Choice 575-500# heifers $25.00-27.50.
Sheep: Trading very slow. Limited sales
shearing lambs about steady. No confirmed
sales of other classes.
Shearing lambs: Eastern Montana, sales
totaling 750 Choice 84-95# $16.00.
Wool: Prices steady to firm. In Mon-
tana, 15,000 fleeces quarter-blood, very light
shrinking, 55.26#, grease; 13,700 fleeces
mostly fine, very light shrinking, 50-55.85#;
22,500 fleeces mixed fine and half, moderate
shrinking 44.5-47.54. In northern Wyoming,
5,000 fleeces fine and half $1.12-1.15, clean,
delivered; 5,000 fleeces fine, light shrink-
ing, 48.58#; 5,000 fleeces fine and half,
moderate shrinking, 45-46 #.







WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
-------------------------------------------------
Ct Cattle Calves eViy -pee and lambs
Market Mar. 24 S Mar. 25 : Mar. 24 Mar. 25 : Mar. 24 Mar. 251 Mar. 24 : Mar. 25
2 1962 s 1961 t 1962 1 1961 t 1962 1961 t 1962 I61
Chicago 7..... .. 26,926 38,779 98 182 30,244 52,254 4,814 4,625
Denver ........ 8,242 9,294 908 940 4,851 4,403 16,957 19,376
Fort Worth .... 5,554 7,470 664 709 2,000 2,614 14,569 23,271
Indianapolis .. 6,516 6,067 286 517 30,883 29,945 642 1,105
Kansas City ... 17,411 18,743 808 577 14,110 14,158 3,553 5,797
Oklahoma City 11,195 6,869 639 480 4,233 3,417 2,761 2,759
Omaha ......... 54,543 55,913 625 271 45,950 40,311 11,249 17,185
St. Joseph .... 14,885 14,824 624 5531 15,684 18,751 7,920 6,676
St. Louis NSI 13,542 12,654 1,122 1,490 47,902 49,615 2,689 2,681
Sioux City .... 26,681 22,029 556 1,230 51,183 35,416 9,156 7,954
Sioux Falls ... 9,947 7,994 149 45 23,030 14,731 11,019 7,675
So. St. Paul .. 19,854 18,552 6,476 5,949 56,327 43,740 11,804 13,822
Total ....... 194,894 197,188 12,9353 12,721 526,377 288,563 96,915 112,922
Mar. 17, 1962 181,577* 10,550 296,536 77,646
INTERIOR IWA AND SOUTHERN MINNESOTA Mar. 24, 1962 Mar. 17, 1962 Mar. 25, 1961
Hogs ...... 345,000 548,000 515,000*
Sheqp ..... 18,100 21,200 16,600*
INTER ILLINOIS Hogs ...... 111,900 115,000 96,400 *Revised.
m m m m e m e- - -m ---~ -m -am m m m m ~ ~ m -m m --- -
FEEDER CATTIBE AVERAGE COST, WEIGT, AND NUMBER
s Week ended s Month I Two Months
I Mar. 222 Mar. 15Y Mar. 23: Feb. ~ Feb. ~ Jan Feb.
t 1962 1962 1961 1962 s 1961 t 1962 1 1961
Steers 1001# up 7.......7 935 459 462 1,796 3,197 3,465 7,406
901-1000 ......... 2,080 1,417 2,147 7,095 7,223 15,575 17,711
801-900 .......... 3,755 2,734 2,560 10,631 12,002 25,898 29,687
701-800 .......... 3,286 5,742 3,688 9,277 11,948 24,146 51,371
501-700 .......... 12,519 11,528 12,735 24,765 33,239 58,072 83,081
Total steers 10 markets.... 22,575 19,860 21,592 53,564 67,609 126,956 169,256
Av.wt. .... 715# 687# 689# 751# 725# 729# 724#
Av. cost*" .... $23.90 $24.23 Z24.23 $23.60 $23.97 $23.51 $24.52
Chicago ...... 23.49 23.50 23.43 22.89 23.12 22.64 23.58
U Kansas City... 24.56 24.39 24.80 23.16 23.70 22.96 24.03
9 U Omaha ........ 24.04 24.26 25.42 23.91 24.09 23.60 24.52
S. St. Paul... 20.90 20.08 22.21 21.29 22.10 21.45 22.08
a Sioax City.... 24.77 24.43 25.92 25.22 25.58 25.02 25.96
a Dm nver ....... 24.10 23.82 24.80 23.14 25.12 24.11 25.29
U Ft. Worth .... 23.17 23.71 23.48 23.10 25.68 25.11 235.57
U U Oklahoma City. 22.93 24.61 23.54 24.05 23.26 25.52 25.52
S. St. Joseph. 24.78 24.38 24.38 23.78 23.97 235.20 23.56
w U St. Louis NST. 23.35 23.76 235.20 22.78 22.77 22.68 22.96
Total calves 10 markets.. 10,003 6,565 7,850 26,055 50,2553 86,069 100,525
heifers ." .... 3,829 2,602 2,987 8,998 9,945 20,970 24,361
a comws ..*. 359 565 472 2,513 2,522 5,426 6,968
Wot adjusted far differences in grade of cattle sold at each market.

ESTIMATED PERCENT OF FEEDER CATTLE AND SAUGTER COWS IN SALABLE RECEIPTS
Week ene S. St t Siou SSt. Indian- n- F Okla.NWich-' San
---------Week ended t sis City ul plia r tWrth .City ita Antonio


Mar. 25, 1962 5 45 12 19 7 20 5 8 50 65 72 47 45
Mar. 16, 1962 2 42 8 16 7 14 5 8 10 70 78 58 55
Mar. 24. 1961 2 46 10 15 9 24 8 8 25 65 67 46 50
Slaughter cors
Mar. 23, 1962 6 8 9 6 11 7 25 10 15 5 9 11 15
Mar. 16, 1962 5 9 8 4 10 5 20 10 15 10 6 8 15
Mar. 24. 1961 4 7 9 6 9 6 27 10 12 10 10 15 15






242

STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER i/
: m f hPercent of total Average weight Average price in
by grades : (pounds) :dollars per 100 lb.
Grade ---------- -----
Week ended
:-~ar" tia"f. r' -~a r"i2 : Mar. 2- Mar. 22 : Mar. 23 :Mar. 22: Mar. 23
: 1962 : 1961 62 : 1961 :_ J __ _:_ ~L_ __ .
CHICAGO


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

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

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

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


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


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


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


1,251 4,075 6.4 13.8 1,232 1,262 30.28 27.17
11,581 16,110 58.6 54.7 1,172 1,192 27.25 25.37
6,085 7,768 31.3 26.4 1,076 1,119 24.86 25.65
547 1,091 1.8 3.7 978 1,058 21.65 21.34

365 409 1.9 1.4 1,053 1,028 19.94 19.65
19,427 29,451 1,140 1,174 26.54 25.00
OMAHA
~ 25 110 .2 .7 1,184 1,205 27.73 25.97
6,620 6,594 42.5 40.9 1,151 1,197 25.75 24.44
7,989 8,380 51.2 52.0 1,074 1,118 24.00 25.35
839 999 5.4 6.2 1,069 1,082 20.36 19.67
116 35 .7 .2 1,001 988 18.85 18.08
15,589 16,118 1,106 1,149 24.55 25.61
SIOUX CITY
-- -- -- ridubity-r -- -- -- -- -- -- -- -- --
265 40 2.0 .4 1,312 1,2135 8.07 26.31
5,847 4,711 44.1 48.3 1,155 1,194 25.60 24.71
6,505 4,267 49.1 45.7 1,071 1,159 25.71 235.20
599 759 5.0 7.6 1,085 1,094 20.02 19.55
244 1.8 -- 1,005 -- 19.08 -
13,260 9,757 1,112 1,162 24.49 25.70
mmmm*m-mmm- 179- im-5 mmm mmm
37s------ --- ---------------i--- NA i 00
15 10 .2 .2 919 1,274 26.25 25.00
1,857 1,804 29.0 51.5 1,131 1,165 25.21 24.77
5,851 3,542 60.8 58.0 1,054 1,096 23.97 25.64
578 586 6.0 10.1 992 1,055 21.20 20.49

256 21 4.0 .4 1,067 1,125 19.26 17.75
6,557 5,765 1,075 1,114 24.01 25.69
- - - - -


ST. LOUIS NSY


m--
1,058
4,159
923

190
6,290


595
3,721
1,464

127
5,907


16.5
65.8
14.7

3.0


10.1
63.0
24.8

2.1


1,105
1,012
960

961
1,019


-
1,067
1,042
958

872
1,020


25.75
25.98
21.65

19.12
25.84-


25.01
25.79
20.91

18.21
25.15


- - I -.isisM -----
mm m m e m e m m em m e m emsm mJm emsfm m!!e


5,002 2,850 43.2 39.9 1,144 1,155 25.72 2
5,622 3,920 52.1 54.8 1,070 1,115 24.18 2
327 578 4.7 5.5 1,096 1,118 20.94 2

6,951 7,148 1,104 1,121 24.72 2
------ ------------ -- -- D -- -

1,668 1,769 70.7 67.5 1,155 1,151 25.80 2
674 737 28.6 28.1 1,109 1,151 24.45 2
17 70 .7 2.7 1,121 1,145 20.21 1
-- 45 -- 1.7 -- 965 -- 1
2,559 2,621 1,140 1,142 25.59 2
--------------------------------------


-
4.67
2.98
0.16

5.51



4.59
5.44
9.45
8.41
4.05


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







WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS
S-Cattle j Calves t Hogs Sheep and lambs
City or Area Mar.24 Mar. 25 Mar. 24 Mar-.25 Mar.24 Mar 25 Mar.24 M-. 25
S.196:. J.961. : 1962 l 1961 1962 : 1961 1962 1961


Boston, New York City Area .... 11,524 15,769
Baltimore, Philadelphia ....... 7,967 8,401
Cia., Cleve., Detroit, Indpla 18,271 18,565
Chicago Area ............... 14,515 13,807
St. Paul-Wisc. Areas ......... 27,715 25,971
St. Louis Area ................ 10,771 10,741
Sioux City-So. Dakota Area .... 27,411 20,057
Omaha Area .................... 56,516 35,057
Kansas City ................... 15,859 14,470
Iowa So. Minnesota .......... 54,061 28,829
Lonl, Evan'l.Nash'l. Mphs ... 6,066 5,443
Georgia, Florida, Ala. Area ... 10,801 8,958
St. Jolph. Wichita, Okla. City. 19,998 18,964
Ft. Worth, Dallas, San Antonio. 9,991 9,651
Denver, Ogden, Salt Lake City 25,512 19,477
Los Angeles, San Fran. Areas .. 25,062 26,632
Portland, Seattle, Spokane .... 8,466 7,174
Total ...................... 504,104
285,766
Accumulation to date ....... 5,753,912
5,555,006


Week ended


8,880 11,491 44,447 45,645 31,517 40,510
1,645 2,051 55,617 51,558 2,550 5,441
5,490 4,576 158,297 120,429 11,106 12,026
8,722 6,110 60,645 45,855 6,675 6,446
19,902 19,501 122,555 98,102 14,562 18,574
1,110 1,518 84,290 78,502 4,556 35,776
-- -- 116,895 94,655 12,068 14,225
109 160 90,755 77,047 15,879 17,646
-- -- 55,944 55,552 -- --
9,555 8,406 500,656 282,854 54,759 35,505
2,426 2,676 60,999 59,018 -- --
2,965 5,657 30,506 55,927 -- --
858 681 48,081 45,207 10,945 10,469
5,106 5,287 19,427 18,243 25,155 24,702
93' 185 15,553 14,053 48,159 35,566
1,550 1,965 55,875 26,282 36,659 41,816
292 240 19,477 16,259 4,594 5,745
64,681 I, 257,777 254,502
66,282 1,120,926 269,845
757,842 14,025,775 5,258,025
777,767 15,539,174 3,074,556


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
^- --I -__- -- T -Lamb 7 --T--- ~~~
Beef Veal (excl._lar)& and muta : Total Total
Nm- i Prod. Nw- Prod N- Nuum- : meat lard
b her : rod er rod: ber : Pro' br tPrd"* prod. prod.
00 mil.b mil.b 1000 mil.Ib 100 il.bl------------b ml.


Mar. 24, 1962 .........
Mar. 17, 1962 .........
Mar. 5, 1962 l/ ....
Mar. 25, 1961/ ......


217.9
212.0

212.5


10.4
10.4

11.2


1,440
1,590
1,547
1,290


204.5
189.0

177.6


15.8 446.6
14.2 425.6

15.1 416.4


Percentage change front
Mar. 17, 1962 ......... 1 5 0 0 4 8 -4 -5 5 --
Mar. 25, 1961 ......... 5 5 -6 -7 12 15 -8 -9 7 -
--- -- ----- -----------tab~-----------------
--- -------------------^^ Aifg rgi l Cl llllll7 -----"
I argrb&_ I Lard
Week ended Cattle Calves Hogs bp yield
_2-_ --- per
Live LDressed Lie e!sed. Liae Dressed Live 1Dressed 100 b.


Mar. 24, 1962 ........ 1050
Mar. 17, 1962 ........ 1025
Mar. 5, 1962 ........ 10355
Mar. 25, 1961 ........ 1052


1/ Actual slaughter. 2/ Excludes lard.


40.8
41.7


15.7










CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
------:- North
: Chicago : Kansas City 5 Omaha Denver a Portland

Classification Mar. Mar. Mar. Mar. ;Mar. s Mar. : Mar. Mar. Mar. Mar.
S24 25 24 25 224 25 24 25 24 25
1962 1961 62 1961 1962 1961 1962; 1961 1962 1961
-- --- ------..---1- .. .- -- -- -- *--- -..- ---------------
Slaughter cattle, calves and vealers
Steers -


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


Standard

Heifers -
Choice
Good
Standard

Cows -
Commercial
Utility
Cutter
Canner


29.00
30.02
27.25
27.62
24.25
21.62


700-900# 25.92
600-800 -
20.55


16.52
15.78
15.15
15.65


27.15
27.10
25.62
25.50
23.50
21.30


24.62

20.05


17.28
16.72
16.20
14.82


25.55
25.58
25.65
20.90


25.40
25.58
20.00


16.30
15.78
14.40
15.02


25.42
25.05
25.50
20.25


24.65
22.65
19.75


37.58
16.88
16.22
15 .35


27.62
27.90
26.25
26.42
23.62
20.75


25.72
22.98
20.08


16.72
15.70
14.62
13.32


26.62
26.50
25.18
25.02
25.12
20.00


24.48
22.58
19.50


17.30
16.42
15.65
14.85


m--

25.92
25.92
25.50



24.85





16.12
14.75
15.62


--

24.55
24.55
22.30
19.75


25.78
21.62
19.00



16.42
15.12
14.00


27.12

25.58
22.75


25.25
24.00
21.75



16.50
14.25
12.25


24.88
24.50
23.50
21.00


23.75
22.00
19.25



15.58
14.25
12.88


Bulls YTrgs. excl.
Commercial
Utility

*Calves 250-500#
Choice
Good
Standard

Vealers 150-250#
Choice
Good
Standard


Steers 500-800ff
Fancy
Choice
Good

Heifers 500-750#
Choice
Good

Calves -
Steer -
Fancy 500-550#
Choice "
Good 300-500S#
Heifer 500-500#
Fancy
Choice
Good

*Medium and Good.


20.00 19.95 18.75 17.98 18.50 18.75
19.75 20.20 19.25 18.58 18.75 18.50


30.50
27.00
22.00


25.25
25.25
20.25


50.50
27.00
22.00


23.50
22.00
19.00


29.00
25.25
20.75


28.00
25.00
21.75


19.25 19.00


27.25
24.50
21.00


20.56 20.00
20.56 20.00


35.50
50.50
26.50


Feeder cattle and calves


26.65
24.32


27.50
26.42
24.50


26.25
24.00


26.75
24.25


-- .- 24.25 25.50 24.50
- 21.88 20.50* 22.75


-- 50.55
27.95)
25.58)

S27.,20
24.60)
- 25.00)


51.00
28.00 28.75)
24.75)

_- 28.75
26.00)
25.25 25.25)


26.28
24.05


27.25
26.00
25.00


24.25 24.75
20.75* 21.75



-- 52.75
29.00 29.50)
27.00)


26.00


51.50
28.75)
26.00)


26.52
24.15


25.75
24.00


24.45 25.50
21.60* 20.00


29.95


27.75)
26.00)


26.00)
28.25 24.00)


25.50
22.00


51.50
29.50
25.50


24.25












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HOGSt AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES I/
-.--.---.-.------.--- -g- 81 ----.--------.--------^---------
S"T. s t I Eight
t : Louis : Kansass I Sioux 'S. St. S. St.'Indian-' mkta.
Week ended sChicago: Nat'l.i City : Omaha City 'Joseph I Paul 'apolisa coar-
s : Stock : t s I I bined


AVERAGE COST -


Barrows Mar. 24, 1962 16.50
and Mar. 17, 1962 16.31
gilts Mar. 25, 1961 17.42
-Mar. 24, 1962 14.18
Sows Mar. 17, 1962 14.17
Mar. 25, 1961 15.52
AVERAGE WEIGHT -
Barrows Mar. 24, 1962 257
and Mar. 17, 1962 2553
gilts Mar. 25, 1961 235
Mar. 24, 1962 T419
Sows Mar. 17, 1962 451
Mar. 25, 1961 444


tt Yards i : : I I : t
Dollars per 100 pounds


16.40 16.28 16.16 15.95 16.51 15.82 16.48 16.16
16.50 16.67 16.47 16.36 16.73 16.15 16.52 16.45
17.46 17.44 17.24 17.14 17.57 17.24 17.65 17.55
14.46 14.98 14.58 14.22 T476E T4717 74757 14741 -
14.61 15.25 14.77 14.52 14.94 14.47 14.64 14.61
16.06 16.29 15.88 15.54 16.12 15.59 15.67 15.78
Pounds
222 232 236 241 250 235 226 255
221 231 256 257 228 251 226 250
221 252 239 245 232 255 225 252
T27 TO- T-o? 3T T 415 454 450
429 414 450 457 402 413 436 428
404 428 4553 439 418 425 450 450


NUMBER OF HEAD -
Barrows Mar. 24,
and Mar. 17,
gilts Mar. 25,
Mar. 24,
Sows Mar. 17,
Mar. 25,


1962 25759
1962 26987
1961 25390
1962 2110
1962 2170
1961 2561


44469 12558
48893 14282
46224 12839
2880 811
2698 981
5441 634


59185 44837
59857 21088
54519 51504
4257 5679
3755 1562
5894 2494


15969 44275
17151 58862
16890 55327
1178. 4519
1095 5072
1014 2269


28499 249551
30152 237252
24650 227525
2788 22022
2591 17504
2565 18472


SOWS Percentage of total
Mar. 24, 1962 8 6 6 10 8 8 9 10 8
Mar. 17, 1962 7 5 6 9 6 6 7 7 7
Mar. 25, 1961 9 7 5 10 7 6 6 9 8
1/ Weighted average.

AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG,
COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
Week ended Hog products Hog prices 2/ Gross spread
e os or margin 3/
Mar. 24, 1962 ............. $18.28 $16.72 $1.56
Mar. 17, 1962 ............. 18.44 16.65 1.79
Mar. 25, 1961 ............. 19.49 17.78 1.71
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 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 i Corn 2/ s Hog-corn
Week ended : gilts 1/ No.3 yellow s price ratio
W Dollars per : Cents per a based on
: 100 pounds a bushel : barrows and gilts
Mar. 24, 1962 ........... 16.50 112.0 14.6
Mar. 17, 1962........... 16.51 109.5 14.9
Mar. 25, 1961........... 17.42 111.9 15.6

/ Weighted average. 2/ Simple average.





247


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

: t K F o : North
Classification :Chicago Omaha Kansa: Fort : Denver! Ogden Port-
: City Worth. land
- - :- .
SLAUGHTER IAMBS: (Wooled) 80-110#
Prime Mar. 24, 1962 18.55 17.45 17.75 -- 17.65 17.75 --
Mar. 25, 1961 18.58 17.50 -
Choice Mar. 2?4, 179627. 75 ~9- F 17I10U 5 r~ 178- T -71 0W 17.12
Mar. 25, 1961 17.75 17.20 16.55 18.25* 17.18 -- 17.58
Good Mar. 24, 1962 .." 16.75" 716.02" 16.25" 717.00 "15.82 "16.25" 16.50
Mar. 25, 1961 16.38 16.18 16.12 16.90* 16.50 -- 16.50
EWES: (Wooled) 90-15Q#
Good Mar. 24, 1962 5.50 6.00 5.62 7.62 7.25 5.75 5.50**
Good & Choice Mar. 25, 1961 7.50 6.62 5.85 6.88 -- 5.75**
Utility Mar. 24, 1962 5.50 6.00 5.25 675 6.62 5.0 0 5.25**
Cull & Utility Mar. 25, 1961 6.75 5.85 5.00 7.25** 5.50 -- 4.00*
Cull Mar. 24, 1962 5.50 4.50 4.75 -- 5.62 4.50 4.00**
FEEDER LAMBS: (Wooled) 60-8o ~
Fancy Mar. 24, 1962 -- 17.00 -- 16.55 -
Choice Mar. 24, 1962 -- 16.50 -- 15.00 16.02 14.75
Good & Choice Mar. 25, 1961 -- 16.52 -- 15.70 16.62 -- 14.50
Good Mar. 24, 1962 14.75 -- 15.50 15.12 15.00
. Spring lambs.
** Shorn basis.


UNITED STATES FEDERAL INSPECTED SLAUGHTER BY REGIONS
February 1962 with comparisons
(Thousand head)

--- ---Ca tt : a l- 7 -- T 7 ogs 7 T hMes E Fah ,
Region i. O : i r


N. Atlantic States 111
S. Atlantic States 47
N. C. States--.Eastern 225
N. C. States N. Western. 519
N. C. States S. Western. 147
S. Central States. 133
Mountain States. 116
Pacific States. ... 170


1--
106
44
234
457
152
137
119
187


110
27
108
48
8
41
1
19


L J.O.
102
34
124
51
9
44
2
19


477
335
1,154
2,068
490
494
88
206


466
316
1,123
1,965
456
503
87
162


157 177
1/ 1/
90 94
393 393
75 80
118 72
192 163
151 139


Total.. . 1,467 1,435 362 385 5,312 5,078 1,177 1,117
- ------------------------------------------------------------------
Other animals slaughtered under Federal inspection, (number of head): February 1962, horses
3,268; goats 4,089; February 1961, horses 3,417; goats 6,146.
I/ Data not available for publication.
Data furnished by Agricultural Basearch Service.








WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADB REVIEW

EASTERN SEABOARD Good and Choice steer
beef sold steady to $1.00 lower, mostly 500-
$1.00 off, however, a very small tonnage Prime
at New York sold strong to 500 higher; cow beef
steady to $1.00 lower; veal weak to $4.00 lower,
the majority $1.00-3.00 lower. Calf was fully
$1.00 lower at New York. Lamb sold steady to
$1.00 lower, the downturn at New York and Wash-
ington; pork loins mostly $1.00 lower, with
large volume at New York $2.50 lower late; fresh
skinned hams $1.00-2.00 higher; spareribs steady
to $1.00 higher; Boston butts mostly steady,
except Baltimore $1.00 lower.
Prices held steady for kosher dressed steer
forequarters. Quotations for lamb were unchanged
while the trend for kosher veal and calf was
$1.00-3.00 lower.
The trade for all fresh meats was generally
dull this week at Eastern Seaboard markets.
Normal supplies of all classes were generally in
excess of prevailing outlet. Veal and calf
failed to clear in New York for second consecu-
tive week and some beef went unsold at Baltimore
and clearance was incomplete for all classes at
Washington. Beef demand was very spotty and
rather narrow. Veal and calf met rather poor
demand and suffered price downturns for the
second straight week. Pork loins were slow, but
other pork cuts moved well, particularly fresh
hams.

CHICAGO Steer and heifer beef sold mostly
500-$1.00 lower, veal $1.00-2.00 lower, lamb
steady, pork loins 8-16# $1.00-2.50 lower, 8-192
at full decline, Boston butts 4-8# $1.00 lower,
spareribs 3# down $1.00 higher.
Only a small portion of the normal beef
supply graded Prime with the bulk grading Good
to average-Choice. Veal supply was moderate,
Good and Choice over 90# most plentiful. Lamb
and fresh pork offerings also normal, most lamb
in the 55-65# weight range.
Outside of loins which cleared fairly well,
beef trade was slow. Most cuts followed a lower
trend, ribs off the most and fairly large volume
unsold late. Declines engulfed Prime grade cuts
despite the fact that such offerings were rela-
tively scarce. Veal trade was slow and this
was the second straight week of substantial
declines. Carcass lamb was generally in moder-
ate demand. Hindsaddles outsold fore end cuts


on early sessions, however in the later trade
all primal cuts found equal outlet in a moder-
ately active trade. Demand was narrow for
fresh pork cuts, loins declined on each
session and quotations were at the lowest
point since early June 1961.

PACIFIC COAST Trading on steer and
heifer carcasses was rather slow in all areas
with prices steady to 500 lower, instances
$1.00 off in San Francisco. Cow beef was slow
in California, weak to $1.00 lower but held
steady to weak in the Portland-Seattle area.
Bull beef was mostly steady under narrow
demand. Calf and veal was slow but prices
were unchanged. Lamb sold in generally slow
trade, about steady in California but was 50-
$1.00 lower in Portland and Seattle. Spring
lamb was steady to mostly $1.00 lower in San
Francisco and Los Angeles. Fresh pork loins
sold $1.00-3.50 lower, most decline in Southern
California; other fresh pork cuts were steady
to $2.00 lower except skinned hams and spare-
ribs firm to $2.00 higher. Smoked hams and
sliced bacon were steady to $2.00 higher,
other cured items were steady to $1.00 lower.


CARLOT MEAT TRADE REVIEW

CHICAGO, DENVER, OMAHA, NEW YORK AND
PHILADELPHIA Prices were generally lower
for near normal supplies of beef. Trading
was only moderately active at best under
rather poor demand. Steer beef sold 25#-$2.00
lower, mainly 500-$1.50 lower. Heifer beef
was 254-$1.50 lower, mostly 750-$1.00 off.
Cow beef declined $1.00-2.50, with a bulk of
the sales $1.00-2.00 off. Clearance was com-
plete on all classes of beef.
Lamb trading was slow. Demand was rather
poor despite below normal offerings. Prices
were 506-$1.75 lower, largely-50-$1.00 off.
Clearance was incomplete.
Pork supplies were above normal. Pork
loins sold steady to $3.25 lower, with the
most decline on 8-19# loins. Pork butts
closed 750-$1.25 lower while fresh hams sold
steady to $1.00 higher. Pork carcasses were
steady at New York and strong to 750 higher
at Philadelphia. Clearance was generally
complete.








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

: New York Chicago San Francisco Los Angeles
Classification :- ------ ------ ---
SMar. 24 : Mar. 25: Mar. 24: Mar. 25 Mar. 24: Mar. 25 Mar. 24 Mar. 25
: 1_962 : 1961 _:_ 1962 J61 1962W I X9L 96: L


Steer beef -
Prime
Choice

Good

Heifer beef -
Choice


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

500-600o
600-700
500-600


46.65
45.35
44.60
42.70
42.95


Veal -
Prime 90-120a 61.10
Choice 90-120 52.90
Good 90-120 47.60
Iamb -
Prime 45-55# 38.30
Choice 45-55 38.30
Fresh pork -
Loins 8-1i 44.45
Butts 4-8 34.90
Spareribs 5# dowi 40.40
Hams, sink. skd. -
Cook before eating 12-16# 46.50D
Fully cooked 10-14# 48.50
Bacon, smoked, sliced -
1# package (box lots) 48.00
Picnics, smoked (Cook
before eating) 4-8# 32.50
Lard, 1# carton 14.25


44.25
44.25
42.75
41.50
41.75


65.80
56.80
50.30


43.38
42.88
41.25
41.00

43.12
43.12
40.25

56.50
53.00
48.25


45.06
41.38
39.62
39.62

41.12
40.62
58.38

61.25
54.50
50.00


44.50
44.00
43.12
42.38

43.88
43.50
42.00



55.50


41.88
40.50
41.00
39.25

59.50





53.00


43.62
42.50
42.38
41.19

43.12
42.38


41.00
39.25
59.88
38.88

40.50
39.38
39.25


39.35 37.00 39.58 42.25* 41.00* 38.50 39.50
39.55 37.00 59.58 42.25* 40.00* 38.50 39.50


46.50
40.00
41.25

46.50
48.50

50.00


41.12
31.25
37.00


42.38
38.50
58.25


48.00
53.00 53.25


49.00
41.25
44.50


50.00
42.50
46.50


52.00 50.00


50.00 54.00 52.35 56.00


44.75
37.25
40.38


45.12
41.00
42.88


49.12 49.00


48.50 54.00


553.00 35.00 37.25 33.75 54.50 34.00 35.00
18.00 14.75 17.25 17.50 18.00 16.75 18.19


BOLK PRICES CARLOT BASIS EK ENDED Mar. 23, 1962
- -s" ~ -V -c SaT 7 -- -
Classification -- "PS~e rk a B. I ed
Choice 600-700# 41.5-41.50 40.00-40.50 40.75-41.00 4.00-44.50 4.50
Choice 600-700# 41.25-41.50 40.00-40.50 40.75-41.00 43.00-44.50 43.50


Good


Heifer beef -


Choice 500-600#
600-700
Good 500-600
600-700
Cow beef All heights -
Utility
Canner and Cutter
Lamb -
Prime 55-45#


41.25-41.50
41.25-41.50
37.50-39.00
37.50-39.00
37.50-39.00

41.25-41.50
41.25-41.50
37.50-38.00
37.50-38.00

29.00-30.00
29.00-30.00

35.00-36.00
34.00-35.00
31.50-33.00
35.00-36.00
34.00-35.00
31.50-33.00


40.00-40.50
40.00-40.50

36.00-38.50
36.00-38.50

40.00-40.50
40.00-40.50
37.00
37.00

30.50-31.00


34.00
32.00-33.50
31.00-32.00
34.00
32.00-33.50
31.00-32.00


40.75-41.00
40.75-41.00

38.50-39.50
36.50-38.50

40.50-40.75
40.50-40.75
37.25
37.25

28.75-29.25
28.75-29.25

34.50-35.50
32.50-33.50
30.50-32.50
34.50-35.50
32.50-33.50
30.50-32.50


43.00-44.00
43.00-43.75
38.50-41.00
39.00-41.50
39.00-41.50


37.00-38.50
36.00-37.00
34.00-35.00
37.00-38.50
36.00-37.00
34.00-35.00


43.00-43.50
42.50-43.25

40.00-41.50
39.50-41.00

43.00-43.50
43.00-43.50



31.50-32.00
29.50-30.50

37.00-38.00
35.75-36.50
34.00-34.50
37.00-38.00
35.75-36.50
34.00-34.50


Fresh pork -
loins 8-11# 38.50-39.50 37.75-38.25 40.00-40.50


Good


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


Choice


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






BOSTON WOOL MARKET REVIEW


Wool buying in the domestic primary areas
continued at a moderate pace as prices paid to
growers held firm with a good volume moved in
the territory States. With only limited supplies
of greasy domestic worsted wools in the Boston
market, trade was dull. Turnover of woolen wools
and noils was slow. There were occasional sales
of early shorn wools in the fleece States, and a
modest volume of wools sold in Texas. Demand was
good in the territory States.
Quotations from Australia were steady to
21 percent higher with the Continent and Japan
dominating. There were only light offerings of
mostly short wools in South Africa with France
and the United States the principal operators.
New Zealand prices advanced l cents with ani-
mated competition. Trading was limited in South
America. Prices were strong in Montevideo.
Fleece Wools Graded 50/54s staple wools
sold for later delivery at $1.05, clean basis on
a core test, while medium grade fleeces, in-
cluding good length baby combing brought $1.05
on a core. Buyers were paying around 470-480,
grease basis to the growers for medium wools,
with instances up to 500 for choice light shrink-
ing wools.
Territory Wools Montana sales included the
Ronan Pool, 15,000 mostly quarter-blood fleeces
at 55.270, Stevensville Pool, 14,000 bulk 5/8s
and 1/4 at 55.700, Beaverhead Pool, 14,000 fine
and 1/2 at 51#, and 1,500 nine-months at 450; Hi-
Line Pool, 16,500 fine and 1/2 at 47.688 up to
five cents discount for short and defective. All
following bulk fine and half-blood fleeces,
Harlowton area 5,800 early shorn 450-46#, Choteau
1,500 some short 40.75#, Simms, 1,000 some short
410, Cutbank 8,000 early shorn 45, Sweetgrass
Hills 500 early shorn 440, 1,500 late shorn at
435. Pendroy 800 early shorn and short 40.750.
Livingston 1,200 at 44#. Virginia City 5,000
at 48#. White Sulphur Springs 1,000 early shorn
444 and 5,700 fleeces of early shorn at $1.18,
clean basis, delivered Boston.
Wyoming sales included the Greybull Pool of
10,000 fleeces, bulk fine 49.6#. Big Horn Basin
around 10,900 fleeces mixed fine and half from
424-47.160 also 8,000 of bulk fine at $1.12,
clean basis, delivered.
At Belle Fourche, South Dakota, about
500,000 pounds, bulk 62s some fine brought
$1.125, while approximately 100,000 pounds of
5/8s and 1/4 blood sold at $1.085, clean basis,
all on a core test, delivered Boston.
A good volume of California wools sold from
57.25#-49.750, but mostly 41.250-450 grease basis
and were estimated from $1.15-1.22, clean, de-
livered.
Oregon Medium grade 12 months, Valley
wools brought 500, while lambs moved at 47#,
grease basis, delivered Portland.
Texas Wools At Sanderson, about 200,000
pounds of 12 months wool sold around $1.25 and
100,000 pounds of 8 months was estimated around
$1.05-1.06, clean basis, delivered.
Mohair Shearing had been delayed in Texas
due to poor weather. A very small volume of adult
sold at 66#o with kid hair at 961 and $1.01 to
the warehouse.


Foreign Wools Greasy New Zealand 56s comb-
ing fleeces sold for shipment around $1.04, clean
basis, duty paid.


Australia
Oil-combed
- $1.24 452
- 1.22 455
- 1.18 454
- 1.16 455


- $1.04
- 1.00
- .94
- .87


South Africa


New Zealand
Oil-combed
95/4 $.84
854/5 .82
100A .77
107/8 .75
114/5 .74
128/9 .72


Oil-combed Scoured yields


- $1.12
- 1.10
- 1.11
- 1.11
- 1.09
- 1.08
- 1.06


$1.07
1.05
1.02
1.00
.99
.98
.96


Montevideo Super Skirted Wools
60/64s $1.02-1.06 58/56s $.95-.96
60s .98-1.00 56/50s .92-.94
60/588 .96- .99
Carpet Wools Trade in spot carpet wools was
dull. Greasy and scoured Buenos Aires November
wools were offered for shipment at 71#-72*, March
wools around 68#, lambs at 700 and fleeces at 75#.
Greasy New Zealand fleeces at 744, good style
early shorn 710 and crutchings 650 all clean wool
fibers present. A scoured white Pyrrenean carpet
wool was offered at 74#, pale yellow Pakistan
wool at 66 and a white Iceland wool at 78#.
Woolen Wools Sales follow:
Scoured Pulled Domestic Scoured Shorn Foreign
60s, 2-5", white $1.09 Monte. 56/60s white
lambs $.94-.95
Noils
Dom. fleece, 58s nobles, fair color 644
Dom. fleece, 56s short noble 560
Wool Tops Demand continued strong for oil
and dry-combed 54s tops with small odd lots of
finer grades for fill-in use. Quotes follow:
Warp Aust. D/C Warp Dom. D/C
Os $1.92 $1.82
64s 1.82 1.76
62s 1.72 1.69
60s 1.65 1.62
58/60s- 1.57 1.56
Oil-combed Territory Fleece
58/60s $1.55 $1.54 -
58s 1.48 $1.45
50/56s 1.45 1.45 1.42

CLOSING FUTURES QUOTATIONS Mar. 22, 1962
(Furnished by the Wool Associates of New York
Cotton Exchange)
March wool tops $1.619 (Bid)
May wool tops 1.614 (Bid)
64s grade 2.55" minimum length
March wool $1.259 (Traded)
May wool 1.256 (Traded)
64s grade 2", ave. stretched length












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MEAT ANDM EAT FOOD PRODUCTS PREPARED AND PROCESSED
UNDER FEDERAL INSPECTION

: Week ended -


Product


Placed in cure -
Beef / .
Pork 1/ . .
Other / .
Smoked and / or dried -
Beef j/ . .
Pork / . .
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 I/ .
Sliced, other / / .
Hamburger ..
Miscellaneous meat product.
Lard, rendered .
Lard, refined .
Oleo stock .
Edible tallow .
Rendered pork fat -
Rendered .
Refined . .
Compound cont'g animal fat
Oleomargarine "


: Feb.
. 10
. 1962
1, 000#

3,592
65,294
122

1,118
48,257


955
5,075
100


5,960
2,728
13,702
14,127

4,289
135,605
36
20,416
6,980
5,544
7,187
42,402
29,628
1,416
9,654

1,893
1,000
18,608
" 4,897


Canned product (for civilian
use and Dept. of Defense). 65,515
Total I/ .595 3696


Feb.
17


1962


3,602
60,433
98

815
44,459


1,155
4,105
107


5,2533
2,618
12,112
13,621

3,931
15,250
57
19,292
6,556
4,465
6,749
58,656
27,990
1,604
8,384

1,805
1,055
18,851
4,509

63,451


Feb.
24
1962


3,303
56,962
142

895
42,745


899
5,878
120


5,192
2,546
12,417
12,795

3,762
11,738
16
19,105
6,172
4,444
6,452
37,909
26,001
1,516
8,081

1,772
1,040
16,588
4,208

57,760


568,898 548.459


-------------------------------
I/ This figure represents "inspection pounds" as some of th
have been inspected and recorded more than once due to having
to more than one distinctprocessing treatment, such as curing:
smoking, slicing.
2/ Includes sliced dried beef, sliced sausage, loaves, etc.
Meat Inspection Branch, Agricultural Research Service.


Mar.
3
1962


35,749
59,193
19

905
44,055

926
4,525
88


6,161
2,255
12,520
13,169

5,956
12,991
50
19,596
6,606
4,510
6,267
59,067
25,775
1,418
8,596

1,766
856
16,597
4,085

58,255


357,512
e products may
been subjected
first, then


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SHIPMENTS OF STOCKER AND FEEDER CATTLE AND SHEEP
FEBRUARY 1962

Stocker and feeder cattle and calves shipped into 8 selected North
Central States during February 1962 totaled 279 thousand head, 10 percent less
than the number shipped in during February last year. Of the total cattle and
calves received in these 8 States during the month, 125 thousand moved through
public stockyards--a decline of 5 percent from February 1961. Direct receipts
of cattle and calves during February 1962 amounted to 154 thousand head, or 14
percent less than a year earlier. The direct movement was 55 percent of the total
this February compared with 58 percent a year earlier. Cattle and calves shipped
into these States during January and February 1962 totaled nearly 647 thousand
head, 18 percent less than the 1961 total for these two months.
February shipments of stocker and feeder sheep and lambs into these
8 North Central States amounted to nearly 127 thousand head, compared with 128
thousand head during February 1961--a decrease of 1 percent. Of the total
received during February, 55 thousand came through public markets--15 percent
below February 1961. However, the February 1962 number received direct totaled
71 thousand head, up 13 percent from a year earlier. During January and February
1962, nearly 332 thousand head of stocker and feeder sheep and lambs were shipped
into these States, 9 percent more than the same two month a year earlier.

Stocker and Feeder Cattle and Sheep Received in selected North Central States
February 1961 and 1962 I/

Cattle and Calves

: Public Stock :
yards : Direct Total
State yards
February : February February :January February
: 1961 : 1962 : 1961 : 1962 : 1961 : 1962 : 1961 : 1962
Ohio.......: 2,894 2,609 1,557 1,756 4,451 4,365 11,637 13,401
Indiana....: 3,826 3,868 8,233 8,660 12,059 12,528 34,598 23,207
Illinois...: 16,137 16,373 33,805 24,919 49,942 41,292 130,122 97,484
Michigan...: 1,639 1,917 1,102 1,642 2,741 3,559 6,838 8,729
Minnesota..: 12,915 11,629 26,882 26,939 39,797 38,568 97,873 81,851
Iowa.......: 60,769 58,742 64,643 49,742 125,412 108,484 311,068 254,035
S. Dakota..: 7,665 6,662 6,049 7,955 13,714 14,617 31,093 33,185
Nebraska...: 25,731 23,310 37,569 32,333 63,300 55,643 164,204 134,943
Total : 131,576 179,840 311,416 787,433
8 States : 125,110 153,946 279,056 646,835

Sheep and Lambs

Ohio.......: 1,999 2,342 1,873 1,527 3,872 3,869 7,680 12,392
Indiana .... 571 866 200 280 771 1,146 1,733 1,779
Illinois...: 3,503 964 9,034 2,493 12,537 3,457 20,284 15,515
Michigan...: 2,158 937 --- 1,128 2,158 2,065 3,758 3,328
Minnesota..: 18,280 16,717 5,918 7,193 24,198 23,910 63,099 60,197
Iowa.......: 18,604 14,587 28,756 38,008 47,360 52,595 131,785 122,850
S. Dakota..: 11,487 5,312 10,781 5,557 22,268 10,869 46,688 35,497
Nebraska...: 8,464 13,573 6,593 15,172 15,057 28,745 30,445 80,193
Total
8 States.. 65,066 55,298 63,155 71,358 128,221 126,656 305,472 331.,751
I7 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.





255


UNITED STATES EXPORTS OF MIEATS


Commodity : Jan.
: 1962
EXPORTS (Domestic) Pounds
Beef and veal -
Fresh or frozen (except canned) ................... 1,050,346
Pickled or cured (except canned) .................. 1,289,818
Pork -
Fresh or frozen (except canned) ................... 2,151,l96
Hams and shoulders, cured or cooked ............... 265,605
Bacon ............................................. 453,619
Pork, pickled, salted or otherwise cured, ......... 1,543,069
Sausage, prep. sausage meats, etc. (exc. canned) .. 67,504
Other meat and meat products (except canned) ........ 88,060
Beef and pork livers, fresh or frozen ............... 4,603,575
Beef tongues, fresh or frozen ....................... 1,769,707
Other variety meats, (edible offal) ex.cnd. ......... 2,046,561
Meat specialties, frozen, n.e.c. .................... 387,482
Canned meats -
Beef and veal .............................*......... 75,5322
Sausage, prep. sausage meats, etc. .................. 71,272
Hans and shoulders .................................. 20,156
Other pork, canned .................................. 119,223
Other meat and meat products ........................ 95,115
Lamb and mutton (except canned) ....................... 85,721
Lard (includes rendered pork fat) ..................... 40,575,166
Shortenings, chief wt. animal fat (excl. lard) ........ 159,588
Tallow, edible .....o................................. 200,840
Tallow, inedible .................................... 105,253,893
Inedible animal oils, n.e.c. ...............*.......... 610,626
Inedible animal greases and fats, n.e.c. .............. 15,312,405


: Jan.
: 1961
Pounds

1,229,391
1,629,941

4,618,557
428,190
404,818
1,489,526
287,286
64,481
4,699,916
1,764,528
35,55330,297
435,265

114,159
80,215
102,678
260,658
98,428
82,271
40,461,127
245,640
670,948
122,149,410
251,672
13,469,309


Compiled from official records, Bureau of the Census.

UNITED STATES EXPORTS OF LIVESTOCK
----------------------------a----
: Jan. : Jan.
: 1962 : 1961


Cattle (for breeding) -
Dairy ....o...........0...........
Ex. dairy .........................
Other (ex. for breeding) ..........
Hogs .........e........oee..o* oeee*.
Sheep ..o........................


Number

473
679
137
817
217


Number

1,915
838
108
556
964


Compiled from official records, Bureau of the Census.







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

OFFICIAL BUSINhESS

Form AMS-3/27/62
Permit 1001.


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