Livestock, meat, wool market news

MEAT



WOOL


WEEKLY SUMMARY

AND STATISTICS


LIVESTOCK DIVISION, AGRICULTURAL MARKETING SERVICE
U.S. DEPARTMENT OF AGRICULTURE


Vol. 30, No. 56


WASNHINTON 25, 0.0.

Week ended September 1


Livestock Market Reviews *
Livestock Market Re with monthly totals) .
Feeder Statistic .. .
Estimated Perc ofattle and Slaughter


Cows in Sal iReceipts .\ \
Steer Sales S stics \
Slaughter at K'r tts .
Estimated Sla tfr and Meat r
Cattle Prices .
. Hog Prices .
Hog Purchase Stat .
Sheep and Lamb Prices .
Wholesale Meat Trade Reviews .
Wholesale Dressed Meat Prices .
Wool Market Review .


* C S 4 4 4 4 C
* 0 4 C C 4 C C


* *
auctionn .
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September 5, 1962


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684
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686


Special to this issue

Effective Parity Prices, Aug. 15, 1962 . .
Prices Received by Farmers, Aug. 15, 1962 . *
Federally Inspected Slaughter and Revised Estimates
of Meat Production, July 1962 *.. "
Classification of Livestock Slaughtered, July 1962 .
Percentage Distribution by Classes of Cattle Slaughtered
Under Federal Inspection, July 1962. . .* *
United States Federally Inspected Slaughter and Meat
Production, July 1962 0 0 *
Commercial Livestock Slaughter and Meat Production, July 1962
Meats Graded or Accepted, by Grades, July 1962 .
Beef Dual Graded, July 1962 . . 0
Retail Sales Value Comparisons of Choice Grade
Beef Carcasses, July 1962 . *


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688

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690
690
691

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A* # S*g- I






MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Moderate marketing coupled with sharply
higher prices in the dressed trade contributed
to higher steer and heifer prices. The number
of slaughter steers sold out of first hands at
the 7 markets totaled 66,200 head; this, with
one exception, is the smallest for any non-
holiday week since mid-November 1960. In con-
trast, the number of slaughter heifers totaled
31,500, the largest since mid-December 1961.
The average weight of slaughter steers at the
7 markets was 1,079 pounds, up six pounds
from last week. Slaughter steers sold 50#-
$1.50 higher and heifers 25#-$1.00 higher.
Slaughter cows along with feeder cattle and
calves were steady to 50# lower. Barrows and
gilts at the western Corn Belt markets sold
25-50f higher, but steady to 25# lower in the
eastern part of the area. Spring slaughter
lambs closed the week steady to $1.00 lower.

SLAUGHTER CATTLE AND CALVES Prices for
slaughter steers and heifers bounced back after
last week's lower market and steers enjoyed
the sharpest advance for any week since August
1961. The previous week's decline was more
than erased and the average cost of slaughter
steers at a new high in over three years. The
advance came in face of the fact that receipts
for the two previous weeks were the largest
since January. Moderate marketing in the early
part of the week which included a larger per-
centage of feeder cattle than in recent weeks,
along with sharp upturns in the wholesale
dressed meat trade created broad demand for
live cattle. Slaughter steers sold 50#-$1.50
higher and heifers 25#-$1.00 higher. This
marks the eighth time in the past nine weeks
that prices have been higher. Cows were steady
to 500 lower, bulls 500-$1.50 lower and vealers
steady to $1.00 lower.
Slaughter steers: At Chicago, load Prime
1225# reached $32.50, mostly Prime 1200-140C0
$31.25-32.25 with mixed Choice and Prime 1150-
1400# $30.50-31.50, bulk Choice 1100-1400#
$28.50-30.50, Choice 900-1100# $27.50-29.50.
At other centers most Choice $27.50-29.50,
high-Choice and Prime $29.75-31.00, Good
$24.00-27.50.
Slaughter heifers: Choice and Prime heif-
ers at Chicago sold from 28.?5-28.75, most
Choice 251.50-27.50, Good $22.50-25.50.
Slaughter cows: Utility and Commercial
$14.00-16.25, Canner and Cutter $11.50-14.50.

FEEDER CATTLE AND CALVES Marketings of
feeder cattle and calves were moderate for late
August, but heavy marketing last week in the
southwest areas were slowed somewhat as rains
drenched much of the principal grazing areas
and improved pasture conditions that were
approaching a critical stage of drouth in some
areas. Increased numbers of calves were offered


but the majority of receipts were Medium to
average-Choice 550-850# steers. Heifer market-
ings continued in slightly larger than normal
numbers. Trading at mid-west markets displayed
some unevenness, but prices mostly steady. The
southwest areas continued to be under price
pressure especially on thin-fleshed steers and
calves suitable for wintering on pasture. At
Sioux City and Sioux Falls prices were steady
to 50f lower, instances $1.00 off on calves,
wiping out advances posted last week. Good de-
mand continued to exist for partly fattened
steers suitable for a short-term in the feedlot,
but advances in slaughter cattle prices found
most of the two-way cattle moving to packer
accounts.
Feeder steers: Good and Choice 800-1000O
mostly $22.50-26.00, few loads mostly Choice
$26.25-26.50. At Omaha 3 loads Good and Choice
1151# $25.50. Medium and Good largely $18.00-
23.50. Good and Choice 550-750# $25.00-27.50,
few loads Choice $28.00. Choice with a few
Fancy 647# $28.25 in Omaha. Medium and Good
500-750# mostly $20.00-25.00.
Feeder heifers: Good and Choice 525-750#
$21.50-26.00; Medium and Good $18.50-23.00.
Feeder calves: Good and Choice 350-550#
steers bulked $24.00-29.50, few loads and lots
Choice with an end of Fancy 450-550s# $30.00-
32.00. Part load Choice and few Fancy 469#
mixed steers and heifers $32.00; package 388#
steers $32.50. Good and Choice 300-500# heif-
ers $22.50-28.00. Four loads Choice 475-500#
$29.00, load 5353# $27.50.

HOGS Terminal markets Marketings in-
creased substantially over the previous week,
the expansion measuring slightly more than 14
percent. However, an improved pork trade
served to stimulate demand and generally steady
to higher prices were the result. No. 1-3
barrows and gilts weighing 190-250# comprised
the bulk of receipts. Supplies of kinds weigh-
ing over 250# were very scarce at most centers.
There was decrease in offerings scaling below
200# at several of the mid-western markets.
Sows made up between 9 and 25 percent of re-
ceipts at most points, Sioux City having 22
percent and Chicago 23 percent. Compared with
last week's close, prices at the western Corn
Belt markets were mostly 25-50# higher, but
steady to 25# lower in the eastern part of the
area. Sow prices were generally steady to 50#
higher with the exception of Chicago which was
steady to 25# lower.
Barrows and gilts: Most No. 1-5, 190-250#
barrows and gilts closed at $18.25-18.75, a
sizeable volume reaching $19.00 at Sioux City.
No. 1-2 grades of similar weights were taken
at $18.50-19.00, extreme top of $19.25 reached
at St. Paul on No. 1-2, 200-210Q.
Sows: No. 1-3, 250-400# brought $15.75-








17.75, some going at $18.00 at Sioux City and
Omaha. No. 2 and 3 400-600 saows sold at
$14.00-16.00.
Feeder pigs: St. Paul reported steady to
50# lower prices, Choice 120-160O closing at
$17.00-17.50. Sioux City was steady to 25#
higher, Choice 130-1604 $15.50-16.75.
Average cut-out value advantage of U. S.
No. 1 over No. 5 live basis 200-220# barrows
and gilts was $0.95 per cwt. based on wholesale
carlot prices of fresh pork cuts at Chicago
August 23 to August 29, 1962 inclusive.
Hogs Interior Iowa-Southern Minnesota
area receipts totaled 297,000 head, compared
with 282,000 last week and 291,000 last year.
Barrows and gilts sold steady to mostly 15#
higher, sows were fully steady. U. S. 1-5 190-
2504 butchers comprised bulk of receipts, sows
made up around 13 percent of the supply.
Barrows and gilts: On Friday, U. S. 1-3,
200-24C0 $17.25-18.00, limited U. S. 1-2
$17.90-18.25.
Sows: U. S. 1-3, 270-400# $15.00-16.75,
few mostly No. 1 270-300# $16.75-17.15; No.
2 and 3 400-550# mainly $13.50-14.75.
Interior Illinois Receipts totaled
111,500 compared 98,800 last week and 101,100
P year ago. For the week, barrows and gilts
sold steady to 35# lower; sows sold steady to
25f lower.
Barrows and gilts: On Friday, U. S. 1-3
200-2404 $17.50-18.00, sorted No. 1-2 205-235#
U18.00-19.50; 100 head sorted No. 1 205#
818.60-18.75. No. 2-3 185-210 and 240-260#
$17.00-18.00.
Sows: U. S. 1-3 250-350# $15.50-16.50;
few $16.75. No. 1-3 350-450# $14.50-15.50.
No. 2-3 450-550# $13.50-14.50; few No. 2-3
550-600W $13.00-13.50.

SHEEP AND IAMBS The 12 market receipts
totaled 109,000 head, compared with 95,000 the
previous week and 111,000 last year. Moderate-
ly increased numbers at terminals coupled with
lower wholesale dressed lamb prices influenced
declines on slaughter lambs at most points.
Spring slaughter lambs closed steady to $1.00
lower. Slaughter ewes and feeder lambs were
steady to 50# lower.
Spring slaughter lambs: Choice and Prime
80-110# $20.00-21.00 at most centers, but
$21.00-22.55 at Denver. Good and Choice 80-115#
$18.00-20.50, Good 75-85# $17.00-19.00. Ex-
panded volume of Choice and Prime 82-110# shorn
No. 1-2 pelts $20.00-20.50, sparingly $21.00-
21.50, Good and Choice $18.00-20.00.
Old-crop slaughter lambs and yearlings:
Shorn, few shipments Choice 90-108# No. 1 and
fall shorn pelts $16.50-18.00, load $18.50 at
Chicago; Good and Choice 78-105# yearlings at
Fort Worth No. 1-3 pelts $14.00-16.50.
Slaughter ewes: Shorn, Cull to Good
$3.00-6.00, few $6.60.
Feeder lambs: Choice and Fancy 55-95#
816.50-19.25; at Denver, 89-101# in Choice
slaughter condition $19.50-19.70. Choice and


Fancy natives $16.00-18.50, Good and Choice 55-
85# $13.50-16.50 except for $12.50-13.50 at Fort
Worth.
Interior Iowa-Southern Minnesota area sheep
and lamb receipts totaled 14,100 head, compared
with 12,500 last week and 17,000 a year ago.
Spring slaughter lambs closed 50# to mostly
$1.00 lower. Slaughter ewes were steady. Ex-
panded marketing and lower dressed lamb prices
were major bearish factors instigating the down-
turn. Receipts were 85-90 percent spring lambs
with these 10-15 percent shorn.
Spring slaughter lambs: Choice and few
Prime 80-110# delivered to packing plants $19.50-
20.50 early but closed $19.00-19.50. Good and
Choice 80-110# $18.00-19.00 late and Good 70-85#
$16.00-17.50.
Slaughter ewes: Shorn, Cull to Good $3.00-
5.00.

RANGE AND FEEDLOT SALES

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

ARIZONA, CALIFORNIA, NEVADA AND UTAH -
Direct trade slaughter steers and heifers fairly
active, strong to 50# higher but some for future
delivery $1.00-1.50 higher. Feeder cattle
rather slow, steady. Spring lambs steady to 50#
lower.
Slaughter steers: California, 415 average
and high-Choice 975-1150# $28.00 for October de-
livery, 10,600 mostly Choice 925-1175# $26.00-
27.25 for up to November 1 delivery; 2,650 Good
and Choice 850-1150# $25.50-26.25, 1,800 mostly
Good 950-1200# $24.50-25.50, 540 mostly
Standard 900-1150# $22.50-24.00. Arizona, 900
Good and Choice 950-1075# $26.00-26.50, 300
mostly Good 900-1000# $25.25-25.75. Utah, 170
Choice 1100-1150# $25.75-26.00.
Slaughter heifers: California, 145 average
and high-Choice 800-875# $26.50, 1,605 high-
Good and Choice 780-975# $25.00-25.75. Arizona,
1,050 Good and Choice 725-875# $24.50-25.50.
Utah, 110 Choice 825-875# $25.00. Feeders:
California, Good to mostly Choice 600-700#
steers $23.50-25.75, Medium and Good 650-825#
steers $21.00-23.25, mostly Choice 500-675#
heifers $23.00-24.00. Good to mostly Choice
400-600# steers $25.50-28.50, heifers $24.00-
25.50. Arizona, 4,000 Good to mostly Choice
575-700# $24.00-25.00. Choice and Fancy 400?
steers $29.50, 1,000 Choice 375-450# steers
$27.00-29.00, heifers $26.00-28.00.
Spring lambs: California, 300 Choice and
Prime 100# wooled $21.00, 2,650 mostly Choice
95-107# with No. 1 and fall shorn pelts $19.00-
20.50. Utah, 23,000, 65 percent Choice and
Prime slaughter, balance Choice and Fancy feed-
ers $20.00 delivered and weighed Ogden. Nevada,
900 Choice and Fancy 92# wooled feeders $19.50.








COLORADO, SOUTHERN IWYOMIG, WESTERN KANSAS
AND WESTERN IEBRASKA Slaughter cattle active,
demand good. Steers sold strong to $1.00 higher
with heifers 500 higher, instances 75# up.
Slaughter steers: Colorado, 1,400 average
and high-Choice 2110i-12254 $28.75-29.00; 5,700
Choice 1000-1200i $26.00-28.60. Nebraska, 350
high-Good and Choice 900-1100 526.00-27.00.
Kansas, 300 Choice 1150-12004 $28.0.
Slaughter heifers: Colorado, 700 average
and high-Choice 940-10C'02 $27.00-27.25; 8,275
high-Good and Choice 850-1000,# $25.50-27.00;
Nebraska, 850 high-Good and Choice 800-1075#1
$25.65-27.00 .
Feeder cattle: Demand Good, sales con-
firmed on over 17,000 head at fully strong
prices. Kansas, Choice 775-900' steers $24.25-
25.00; Good and Choice 565-675, $24.50-26.25.
Good to mostly Choice 545-6251# heifers $24.75-
25.51. Wyoming, Choice 650-7001 steers $25.00-
26.00 for September-October. Choice 325-375-
steers $531.00-53.00, heifers 3'"'-3-50- $28.00-
31.00. Sandhills of Nebraska, Choice and Fancy
C00-C50- steers $28.00-50.00 for September-
October. Choice 650-775# steers $25.50-27.00,
October. Mostly Choice 925-10254 two-year-old
steers (24.50-25.50. Choice and Fancy 625-7010.
heifers $24.50-26.50. Choice and Fancy 400-4251
steers .34.00-36.00; Choice 375-45'- $31.00-
53.00, October-November. Colorado, Good and
Choice 650-875- $24.00-26.75. Good to mostly
Choice 575-e50 heifers $24.50-25.25.
Sheep and lambs: Feeder lambs steady
with slaughter lambs weak to $1.00 lower.
Wyoming, Choice and Fancy 65-75# feeder lambs
'1".50-18.25. Colorado, Choice and Prime
slaughter lambs mixed with Choice and Fancy
feeders for September-October $18.50-19.50.
Choice and Prime 88-104r# spring slaughter lambs
'19.EO-20.50 f.o.b. weighing point or $21.50-
22.00 delivered.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTfVESTERN KANSAS Clovis Area Slaughter
steers and heifers strong to 50# higher. Feed-
er cattle and calves mostly steady. Slaughter
lambs weak to mostly 500 lower. Feeder lambs
steady to 50# lower, slaughter ewes steady.
Slaughter cattle: Steers, 37 loads Good
to mostly Choice 900-1250# $26.00-27.00, Good
and Choice 875-120C0# 25.00-26.00; Standard
and Good 850-11C00 $23.00-25.25. Heifers, 2
loads mostly Choice 95Cif $25.25; 24 loads
mostly Good, 650-900? $24.00-24.75; 23 loads
Good with few Choice 650-750), heifer calves
$24.50 for up to six weeks delivery.
Feeders: 2,900 Good and Choice 575-6.50"
steers $23.25-25.25, 1,900 Medium to mostly
Good 3.'n-40" heifers '24.25-25.00; 1,100 Good
and Choice 375-142 steer and heifer calves
?3.'.00 and $28.00 for October.
Slaughter lambs and ewes: 600 Good and
Choice PF-95' lambs 1.00-18.50; 3,500 Cull
to Good ewes with No. 1-3 pelts $4.00-5.25.
Feeder lambs: 7,000 Good and Choice
$15.50-16.25; 1,200 Common to mostly Good 65-


75# $14.00-15.00.
Amarillo Area Slaughter steers steady to
50f higher; heifers steady to 25# higher;
feeder prices steady.
Slaughter cattle: Steers, 530 mostly
Choice 1150-1250# $27.00-28.25, 75 Good 1040#
`23.50. Heifers, 440 Good to mainly Choice 870-
1000# $26.00-26.25, 700 Good with few Choice
750-90'C? $24.75-25.00.
Feeders: Bulk for October delivery. Steers,
450 Good 670# $24.00, 600 Choice 675-725#
$25.00. Heifers, 500 Choice 650# $23.50-23.75.
Calves, 1,300 Choice 425-475# steers $29.00-
30.00; 425-450# heifers $27.00-28.00.

OREGON AND WASHINGTON Slaughter cattle.
steady, feeder cattle steady to strong, spring
slaughter lambs steady to $1.50 lower, decline
in Oregon.
Slaughter steers: Washington, Good to
mostly Choice 1000-1100# $27.00-27.50; Good
with few Standard 900# $24.50 delivered;
Standard and Good 1000-110C# Holsteins $23.00-
23.75. Montana, mostly Choice 1025# $26.50.
Slaughter heifers: Washington, Good to mostly
Choice 800-900- $25.00-25.75. Montana, Choice
high-yielding 875# $25.00.
Feeder cattle and calves: Washington,
Choice 8304 steers $25.00 delivered; Good and
Choice E50-75(0 steers $24.50-25.25 and 600-675#
heifers $22.00-25.00; Choice 425# $30.00 for
steers, $29.50 heifers delivered. Choice 425#
steers $30.00, heifers $27.00. Oregon, Choice
75':,. steers $25.00; Good to mostly Choice 600Q
steers $25.50 with 550# heifers $23.50. Choice
650' steers $24.00. Choice 700# steers $24.00,
heifers $22.00 for October.
Spring lambs: Washington, Choice and
Prime slaughter 91-104# $20.25-20.50 delivered,
40-50# freight. Moses Lake Pool, Choice 98#
wooled slaughter $19.80 and Choice 95# No. 3
pelts $18.55, also Choice and Fancy 80# feeders
.16.75-17.00. Oregon, Choice, few Prime 95-100#
slaughter No. 1 to fall shorn $20.50 delivered.
Montana, Good and Choice 96# slaughter $19.25.
Choice 85# feeders including about 10 percent
Good and Choice slaughter lambs $17.65. Choice
and Fancy 72-89# feeders $17.50-17.75.

MONTANA AND NORTHERN WYOMING Trading
limited to contracting for late September to
mid-October delivery. Feeder cattle and calves
fully steady. Feeder lambs fully steady.
Feeder cattle: Montana, 5,500 Choice,
mixed, 725-800# steers $26.00-26.50, 575-650#
heifers $24.50-25.50. 200 Choice 700# steers
$26.00, 100 Choice 650-700# heifers $23.00-
25.00; 2,000 mostly Choice 450-475# calves,
steers $30.00-51.00, heifers $28.00. About
400 Good and Choice 2-5-year-old bred cows and
heifers for early October delivery $190.00-
200.00 per head.
Sheep: Montana, 8,000 Choice and Fancy,
P0-E5q feeder lambs, ewes $20.00, wethers
$18.00. 4,500 Choice yearling breeding ewes
$25.00 per head, mid-October delivery.







WEEKY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS
-------- d &ftT e7 Wi Z:: 7 XoE t-s a
Market : Sept. 1 Sept. 2 T Sept. 1 7 Sept. 2 71 Sept-. 1 Sept. 2 : Sept. 1 : Sept. 2
S 1962- 1961 : 1962 1961 11962 1961 : 1962 : 1961
Chicago ......... 54,289 42,651 186 107 27,452 25,123 4,908 5,539
Denver ......... 8,309 10,159 152 566 4,617 4,928 58,684 33,157
Fort Worth ..... 9,865 11,400 1,500 2,340 1,559 2,044 7,568 6,372
Indianapolis ... 8,279 8,579 566 778 50,642 55,010 2,995 3,777
Kansas City .... 25,157 20,250 1,967 1,179 19,845 17,159 5,.'51 5,916
Oklahmna City .. 15,658 14,259 2,.947 1,459 5,529 3,076 1,262 786
Omaha .......... 57,686 59,984 888 694 58,156 36,232 9,546 11,876
St. Joseph ..... 17,456 16,523 646 596 26,766 21,869 4,818 4,659
St. Louis NSY .. 16,489 16,455 2,250 1,862 59,178 49,363 6,547 6,957
Sioux City ..... 51,249 54,974 5,232 1,661 26,965 26,489 5,920 7,597
Sioux Falls .... 11,017 8,986 50 329 15,610 14,765 9,325 11,905
S. St. Paul ... 21,154 22,727 5,722 4,524 47,654 45,639 15,257 14,552

Total .......... 256,608 246,667 18,086 15,675 501,931 279,697 109,459 110,831
- A 25 1962 258,755 19,193 262,894 92,86 -
INTERIOR IOWA AND SOUTHERN MINNESOTA Sept. 1, 1962 Aug. 25, 1962 Sept. 2, 1961
Hogs ....... 297,000 282,000 291,000
Sheep ...... 14,100 12,50- 17,000
INTERIOR ILLINOIS Hogs ....... 111,500 98,800 101,100
SALABLE RECEIPTS OF LIVESTOCK AT 25 PUBLIC MARKETS
MONTH OF AUGUST
- --- a: Walv T :- -Sie pandaa 5mEs
-. 1962_ : 1961 _: 1962 : 1196 1 1- 9I0 _:_ 199.2_ 1 1_l__1
Chicago ........ 142,025 173,241 778 572 118,532 117,727 18,424 21,092
Denver ......... 32,767 42,113 486 700 20,220 19,190 99,343 110,564
Fort Worth ..... 55,651 44,080 6,401 8,010 6,585 8,176 37,956 32,876
Indianapolis ... 55,655 54,473 2,260 2,768 154,489 143,930 15,988 16,888
Kansas City .... 101,654 78,829 8,129 5,369 76,836 71,506 21,593 19,566
Oklahoma City .. 65,056 49,652 10,422 4,856 14,404 14,540 5,065 5,201
Omaha .......... 161,089 164,447 3,182 2,166 170,966 159,559 38,546 48,516
St. Joseph ..... 71,055 68,057 2,3550 1,940 98,820 89,920 23,051 26,016
St. Louis NSI .. 75,469 68,895 10,516 8,511 212,976 211,272 24,276 27,101
Sioux City ..... 125,311 156,698 9,221 4,296 127,117 127,195 20,698 29,997
Sioux Falls .... 59,996 58,886 161 1,240 68,625 65,507 56,505 43,154
S. St. Paul .... 92,091 99,699 14,526 16,880 196,124 194,179 44,976 45,401

Total
12 markets ... 971,737 999,070 68,412 57,008 1,245,494 1,222,101 586,417 426,372


Baltimore ......
Cincinnati .....
Detroit ........
Evansville, Ind.
Houston ........
Lancaster, Pa...
Louisville .....
Nashville ......
Ogden ..........
Peoria .........
Portland, Oreg..
San Antonio ....
Wichita ........


8,029
16,738
23,126
11,915
5,154
17,504
30,010
16,705
6,255
10,989
10,050
25,123
19,676


8,405 1,656
14,474 2,660
19,961 1,523
12,858 1,889
4,262 14,094
15,720 2,951
25,515 6,742
13,521 5,5355
6,587 450
9,566 344
11,225 2,099
24,422 12,717
19 752 232


1,159 12,282


2,964
1,894
1,807
14,459
2,848
7,437
3,151
627
520
2,112
6,897
647


49,226
4,296
45,872
103
5,267
29,547
13,055
1,980
70,973
6,786
4,019
18,023


8,417 1,191
50,195 6,562
5,203 5,080
47,224 2,425
198 27
6,402 1,525
27,947 11,035
13,827 5,245
1,831 75,674
72,845 6,004
8,040 15,230
3,804 4,810
17,089 12,626


Total
25 markets ... 1,169,007 1,185,098 119,282 103,510

INTERIOR IOWA AND SOUTHERN MINNESOTA August 1962
Hogs .............. 1,237,000
Sheep ............ 57,000
INTERIOR ILLINOIS Hogs ........ ..... 445,700


1,506,905 1,485,121 527,847 594,797

August 1961
1,259,000
53,200
591,400


774
8,065
4,377
3,116
57
2,010
15,002
3,952
82,575
7,712
21,920
4,539
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STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER 1/

S Nnber of head : Percent of total : Average weight Average price in
G by grades (pounds) dollars per 100 lb.
Grade s--------------------- -------------------
s Week ended
SAug. 30 Aug. 3s" Aug". 's Aug. f:f ug. Sos Aug6's o" g ~ -~
--:_ :_ 1962 : 1961 C 1962 : 191 1962 1961
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.....


1,919 4.658
12,999 20,418
4,389 6,564
777 811
.- 40
158 171
20,242 32,462

205 5364
8,205 11,350
6,901 6,008
478 904
138 46
15,927 18,652


206
6,780
4,564
577
94
12 L0211

56
1,485
2,446
156

4.123

---

1,432
3,152
552
-
49
5,185


9.5
64.2
21.7
3.8

.8


14.3
62.9
19.6
2.5


OMAHA
1.3 2.0
51.5 60.7
43.3 32.2
3.0 4.9
.9 .2


-s-oUx--x-- ---
S 195 .7 .4

8,942 56.4 65.6
5,855 38.0 27.2
936 5.1 6.7
155 .8 1.1
14,059

116 .9 2.0
2,832 36.0 48.1
2,502 59.5 42.5
554 3.8 6.0

79 1.4
5,883
ST. ThUrI s -


-
1,554
3,757
825

78
6,214


-
27.6
60.8
10.7

.9


25.0
60.5
13.3

1.2


--------- -

3,333 4,205 49.1 59.4
5,207 2,579 47.2 56.4
251 296 3.7 4.2

6,791 7,080
- -- -- -- -- -- DEWm -


Prime.......... 55 1.8 -
Choice......... 1,548 2,715 69.6 85.4
Good........... 497 394 25.6 12.4
Standard....... 58 70 3.0 2.2
Utility........ -
All grades..... 1,958 5,179
------------------------------Data collected by Statistical Reporting Service, and i
_VData collected by Statistical Reporting Service, and L


1,244 1,250 31.14 24.91
1,150 1,203 28.91 24.18
1,035 1,061 27.01 25.50
975 1,010 24.00 22.11
-- 1,544 21.51
970 971 21.96 20.74
1,126 1,176 28.55 24.11

1,265 1,198 30.19 24.533
1,102 1,158 28.05 25.57
1,032 1,052 25.77 22.70
1,057 1,027 22.78 21.05
943 902 21.18 19.06
1,070 1,318 26.92 23.20

1,260~ 1,233 30.48" ~ 24.45~
1,101 1,190 28.24 25.62
1,034 1,084 26.16 22.75
1,048 1,065 22.84 21.20
945 983 21.79 19.61
1,076 1,151 27.52 23.22

978 1,171 28.95 24.63
1,068 1,131 27.65 23.98
1,011 1,048 26.07 23.06
1,012 1,024 21.92 21.07

992 19.40
1,031 1,088 26.55 23.40
-- ----- -

1,057 1,078 27.78 24.13
975 1,018 25.91 23.11
935 972 23.18 21.60

958 847 20.24 19.76
993 1,025 26.15 25.15
-------------------


1,085 1,147 27.66 25.81
1,051 1,071 25.83 22.81
1,034 1,081 22.46 20.82

1,058 1,116 26.63 23.34


1,119 28.56 -
1,086 1,145 27.91 25.95
1,012 1,103 26.06 22.40
1,051 1,007 21.50 19.54

1,066 1,137 27.28 23.67
vestock Division, *. M. S.







WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS


I Cattle : Calves
City or Area 'Sep.1 Sept..2 Sept.1 Sept.2
1962 1 1961 1962 1 1961


t Hos Sheep and lambs
Sept.I Sept.2 Sept.1 Sept.2
S1962 1961 1962 1961


Boa
Bal
Cin
Chi
St.
St.
Sio
Oma
Kan
Iow
Lou
Geo
St.
Ft.
Den
Los
Por


iton, New York City Area .... 12,662 12,459 11,756 13,276 37,034 44,484 29,618 42,782
.timore, Philadelphia ....... 9,203 9,227 1,742 1,970 31,308 32,315 3,765 3,678
1., Cleve., Detroit, Indpla 22,540 20,794 3,817 3,802 135,468 114,452 14,035 15,702
.cago Area ................. 16,757 18,029 8,788 6,595 49,588 36,548 13,497 6,515
Paul- Wise. Areas ......... 25,161 30,540 12,535 16,005 90,801 100,116 9,115 14,195
Louis Area ................ 12,645 12,508 1,996 1,613 73,244 76,316 4,889 5,597
mux City-So. Dakota Area .... 32,875 30,551 -- 88,744 87,624 9,905 11,644
Lha Area .................. 41,448 41,089 158 164 70,998 72,241 13,451 11,551
isas City ................ 16,346 15,067 -- -- 32,518 33,267 -- --
ra So. Minnesota .......... 56,029 35,716 8,053 7,818 257,191 248,896 24,068 55,185
'l, Evanl.Nash'l. Mph's ... 8,136 7,716 4,360 5,268 55,525 52,467 -- -
wrgia, Florida, Ala. Area ... 11,509 11,048 4,143 5,674 21,401 21,857 -- -
Jo'ph. Wichita, Okla. City. 21,582 20,357 947 1,257 40,501 37,502 6,150 6,826
Worth, Dallas, San Antonio. 11,161 12,640 4,174 4,666 14,855 14,551 31,414 32,121
river, Ogden, Salt Lake City 27,605 24,932 130 164 14,004 13,728 68,488 57,058
Angeles, San Fran. Areas .. 27,708 26,440 1,466 1,099 28,272 27,992 29,940 28,765
*tland, Seattle, Spokane .... 8,890 9,285 240 380 15,641 16,191 10,480 8,852
Total ....... .............. 5342,055 64,305 1,037,093 268,815
-38,398 67,747 1,053,547 278 .229
Accumulation to date ..... 11,085,683 2,052,607 57,986,044 8,902,185


10_,87185 21 555 36601 488. 9,2764905


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
- --- -- ------- -- _-- -_-_- 156-W- -. -,Znjg --------
Beef Veal (Lexcl. lard)* and mutton : Total a Total
Week ended Num- : Num- : Num- : Num- : : meat $ lard
ber rod. : ber Prod: ber : Prod. ber tProd prod. prod.
~ ~ -O -b -"----1 ,000 mil.lb. 100mil.lb. 1000 milIb. 1,000 mil.3b.mil.lb. mil.1b.


Sept. 1, 1962 .........
Aug. 25, 1962 .........
Aug. 11, 1962 I/.......
Sept. 2, 1961 / .......


240.2
230.4

245.4


11.9
10.9

12.2


1,210
1,180
1,122
1,179


165.6
165.0

161.7


15.6
12.4

12.7


431.5
416.7

432.0


54.8
55.7


Percentage change from:
Aug. 25, 1962 ........ 4 4 11 9 5 2 7 10 4 --
Set. 2 1961 ......... 2 -2 0 -2 5 2 4 7 0 --
----------------------------lard
: : o : Sheep : yield
Week ended Cattle Calves Hogs and lambs i per-

SLive ADressed Live_ yressed- Live Dressed, Live Dressed 00 lb.


Sept. 1, 1962 ........
Aug. 25, 1962 ........
Aug. 11, 1962 ........
Sept. 2, 1961 ........


995
990
1000
1030


94 46
94 45
92 45
92 45


12.9
12.9


1/ Actual slaughter. 2/ Excludes lard.








CATTLEt WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
--- ~------------------------------ -- ---------- ^- --
: : : North
S Chicago : Kansas City : Omaha Denver Portland

Classification Sept.: Sept. Sept.' Sept.: Sept. Sept.* Sept.; Sept. Sept.' Sept.
1 2 1 2 '1 2 1 2
1962 1961 1962 : 1961 1962 1961 :1962 1961 s 1962 1961
-- : ." : ."


Steers -


Slaughter cattle, calves and vealers


Prime 900-1100#
1100-1500
Choice 900-1100
1100-1300
Good 900-1100


Standard

Heifers -
Choice
Good
Standard

Cows -
Commercial
Utility
Cutter
Canner


700-900#
600-800


Bulls YTrgs. excl.
Commercial
Utility

Calves 250-500#
Choice
Good
Standard

Vealers 150-250#
Choice
Good
Standard


Steers 500-800f
Fancy
Choice
Good

Heifers 500-750#
Choice
Good

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


50.28
51.28
28.40
29.35
26.42
23.72


26.55

22.55


14.88
14.75
14.58
13.12


25.12
24.98
24.38
23.88
25.58
21.92


23.12

20.12


15.00
14.58
14.25
13.15


28.02
28.02
25.52
22.08


26.00
23.88
20.62


16.25
14.95
15.95
12.25


24.38
23.98
23.12
20.88


23.25
22.12
20.538


16.08
15.48
14.82
15.78


29.50
30.30
28.18
28.75
25.28
22.58


26.42
24.10
21.50


15.88
14.75
15.88
15.08


24.80
24.80
23.82
23.80
22.32
20.70


23.22
21.82
20.30


16.32
15.65
14.65
15.92


18.85 19.50 17.50 18.08 17.10 18.82
18.60 19.80 17.62 18.25 17.20 18.82


22.00
20.25
18.75


25.00
23.50
20.50


22.55
20.55
18.35


24.50
22.00
19.00


25.00
23.25
21.00


25.00
25.25
20.25


28.05
28.28
25.50



26.28
--




15.65
14.20
12.90



19.12


23.88
23.88
21.50
19.00


25.45

18.25



16.35
15.22
13.92


27.86

25.75
22.00


26.38
24.12
20.00


16.50
15.50
13.25
11.50


18.75
19.88 19.25


27.00
25.50
22.50


Feeder cattle and calves


28.50
27.12
24.62


25.75
23.98


28.00
25.75


- .. 24.50 25.62 25.50
- -- 22.00 20.88* 23.50


- 50.25 -
- 28.50) 28.50
26.00)

- 27.00 -
25.00) 25.25
22.25)


26.12
24.38


26.25
23.25


24.50 24.75
20.75* 22.00


32.00 -
29.75) 27.75
27.00)

29.25 -
27.75) 25.50
24.50)


25.88
22.75

23.75


22.00


20.50* 20.50


29.00) 29.25
26.00)


27.50


-- 21.00


*-Medium and Good.
*Medium and Good.


-

25.12

23.62
21.00


23.25
21.50
19.25


15.50
15.00
13.00
11.25



19.00


25.19
24.00
21.00


-
22.75
21.75


17.50*




24.00














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HOGS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES I/
S--------------- -- --- s --- s Eight
S1: Louis 2 Kansas: Sioux 'S St. S. St.'Indian-: mkts.
Week ended Chicago Nat'l. City Omaha City Joseph Paul apoli cor-
a : Stock I : t s s bined
s : Yards s : t s t : t
-------------------------------------- --- --- -----------------


AREVA GE COST -


Barrows Sept. 1, 1962...
and Aug. 25, 1962...
gilts Sept. 2, 1961...
Sept. I, 1962...
Sows Aug. 25, 1962...
Sept. 2, 1961...
AVERAGE WEIGHT -


18.33
18.67
18.56
15.90
15.90
15.66


Barrows Sept. 1, 1962... 222
and Aug. 25, 1962... 223
gilts Sept. 2, 1961... 221
Sept. 1, 1962... 391
Sows Aug. 25, 1962... 396
Sept. 2, 1961... 391
NUMBER OF HEAD -
Barrows Sept. 1, 1962... 17028
and Aug. 25, 1962... 14851
gilts Sept. 2, 1961... 17093
Sept. 1, 1962... 5213
SoWs Aug. 25, 1962... 4622
Sept. 2, 1961.... 4618 t
SOWS -


Sept. 1,
Aug. 25,
Sept. 2,


1962...
1962...
1961...


Dollars per 100 pounds
18.05 18.08 18.34 18.31 18.20 18.10 18.39 18.20
18.57 18.21 18.52 18.59 18.59 18.35 18.58 18.45
18.43 18.48 18.62 18.58 18.50 18.30 18.52 18.47
15.70 15.92 16.22 16.20 16.28 15.82 15.75 15.99
15.70 15.96 16.20 16.21 16.25 15.93 15.65 16.00
15.71 15.69 15.95 15.92 15.95 15.58 15.32 15.74
Pounds
211 223 221 224 219 217 216 218
212 225 220 224 222 219 218 219
211 221 221 225 220 219 219 219
394 389 388 378 567 382 417 387
400 384 583 374 370 377 423 386
394 388 590 375 371 373 424 586

48070 17688 28605 20060 21871 33965 25888 213175
38874 13499 26920 18525 15624 30006 24526 182805
41904 15129 27110 1989 18059 51895 27745 198322
4645 1838 7405 5586 3717 7017 3145 58566
4109 1382 7600 6355 2974 7190 3359 37569
5932 1589 7208 5952 3043 6806 3218 36366
Percentage of total
9 9 21 22 15 17 11 15
10 9 22 25 16 19 12 17
9 10 21 25 14 18 10 15


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/ t Gross spread
s t or margin 3/ -
Sept. 1, 1962.....,........ $19.52 $18.37 $1.15
Aug. 25, 1962.............. 19.48 18.72 .76
Sept. 2, 1961 .............. 19.99 18.62 1.57
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.
-/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
: Barrows and $ Corn 2/ S Hog-corn
Week ended : gilts I/ s No.3 yeTlow s price ratio
SDollars per : Cents per : based on
: 100 pounds : bushel : barrows and gilts

Sepr- 1, 1962..*........ 18.553 109.3 16.8
Aug. 25, 1962 .......... 18.67 111.1 16.8
Sept. 2, 1961 .......... 18.36 110.8 16.6
I/ Weighted average. 2/ Simple average.










WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEW

EASTERN SEABOARD At Washington and Balti-
more steer carcass prides closed mostly $1.00
higher and $1.50 up at New York. The trend was
strong to 250 higher at Philadelphia. Cow beef
prices were mostly 500 lower, but comparable
advances were recorded at New York. Veal and
calf sold weak to $1.00 lower. Lamb prices along
the Eastern Seaboard lacked stability and prices
worked mostly $1.00 lower. Pork loins closed
steady to $2.00 higher at Philadelphia but steady
to $1.00 lower at other markets.
Prices were mostly $1.00 higher for kosher
steer forequarters; lamb steady to $1.00 lower.
Quotations were unchanged for kosher veal and
calf foresaddles.
Receipts were near normal for most classes
of fresh meats. However, at New York supplies
of steer beef were rather small on late sessions.
Tridinr was moderately active for steer beef and
outlet was broadest at New York. At the latter
market minor advances were recorded on steer
loins, and rounds were $1.00-2.00 higher. Steer
arm chucks were $3.00-4.00 higher than the pre-
vious week's close. Turnover of veal and calf
was slow, but clearance was normal for below
normal supplies. Lamb moved fairly well, except
at New York where demand was poor for carcasses
and most cuts. Buyers were moderately aggressive
for pork. Clearance was generally complete on
all classes except for small lots of lamb that
were unsold at New York.

CHICAGO Good and Choice steer beef $2.00-
2.50 higher, Standard $1.50 higher, heifer fully
$2.00 higher, veal unchanged, spring lamb mostly
$1.00 lower. Pork loins 8-16#, Boston butts 4-8#
and spareribs 3# down sold steady.
All classes fresh meat appeared in moderate
volume for the week. Steer carcasses in the
500-700# range most abundant in this division,
also more heifer beef 400-500# on the market
than usual. Recent weeks have seen some increase
of spring lamb weighing 55-65#, however bulk
still 35-55#.
Carcass beef trade moderately active for
the most part. All primal cuts met a good demand
and generally sold substantially higher. Practi-
cally all interests were in the trade for chucks
and rounds for delivery after Labor Day week-end.
Veal trade was rather slow. Spring lamb trade
was slow as were end cuts, particularly legs.
Lamb loins and hotel ribs moved well into all
channels. Boston butts 4-8# and spareribs 3#
and down were in fair demand, pork loins on the
slow side. However, sellers maintained steady
loin prices in the face of rising costs.


PACIFIC COAST Pre-holiday carcass
steer beef trade in California was steady to
500 higher, the upturn in Los Angeles,
heifer beef mostly steady. Steer and heifer
beef sold steady to $1.00 higher in the north-
west, the advance in Seattle. Cow beef sold
steady to $1.00 higher but the uptrend was
limited to California. Calf was steady to
strong but veal steady to $1.00 lower in the
northwest. Spring lamb sold steady to $1.00
lower, the price change in California. A
very stable price structure existed for pork,
mostly steady in California except smoked
skinned hams steady to $1.00 lower in Los
Angeles after holiday orders were filled;
all pork steady to $1.00 lower in the north-
west.
Supplies of meats were near normal and
generally fully adequate for demand. Slaughter
operations and consumer buying at the retail
level varied somewhat from normal patterns
because of the long holiday week-end.



CARLOT MEAT TRADE REVIEW


CHICAGO, DELIVER, OMAHA, NEW YORK AND
PHILADELPHIA Demand was broad for the
near normal supply of steer and heifer beef
and prices at some shipping points pushed
to the highest level in more than four years.
Trading was uneven but generally active as
steer beef worked progressively higher dur-
ing the period, however, part of the advance
was erased on heifer beef late in the week.
Prices on steer and heifer beef ranged from
$1.00-3.50 higher, mostly $1.50-2.50 higher
with most advance on Choice steer beef. An
abundance of cow beef influenced a lower
price trend with prices steady to $1.00
lower, some $2.00 lower in Philadelphia.
Clearance was good on beef offerings.
Demand was rather narrow for the normal
supply of carcass lamb and trading was some-
what slow with prices unevenly lower. The
trend was 500 to $2.00 lower, mainly $1.00
lower. Clearance was largely complete.
Above normal supplies of pork offerings
cleared in a moderately active trade. Prices
on pork loins and butts were steady to 500
higher. Fresh hams sold 250-$1.75 higher.
Pork carcasses sold in an uneven trend with
prices strong to 500 higher at New York but
25-750 lower at Philadelphia. Clearance on
pork was generally complete.







WHOLESALE 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 : -:- : --------
ISept. 1 :Sept. 2 : Sept. 1: Sept. 2 t Sept. 1 : Sept. 2 :Sept. 1 Sept. 2
: 1962 1961 : 1962 21961 : 1962 : 1961 _1_962_ U 96L-
Steer beef -
Prime 700-800# 49.80 42.25 -- ..-
Choice 600-700 48.55 40.75 46.12 39.75 45.00 40.88 45.62 39.58


Good

Heifer beef -
Choice


700-800
500-600
600-700

500-60Q#
600-700
500-600


Veal -
Prime 90-120#
Choice 90-120
Good 90-120
Spring lamb -
Prime 45-55#
Choice 45-55
Fresh pork -
Loins 8-128
Butts 4-8
Spareribs 3# down
Hams, smk. skd. -
Cook before eating 12-16#
Fully cooked 10-14#
Bacon, smoked, sliced -
1# package (box lots)
Picnics, smoked (Cook
before eating) 4-8#
Lard, 1# carton


48.30
44.80
45.30


60.00
51.00
48.50


40.75
40.25
39.75


59.00
52.50
48.50


46.25
44.12
45.88

45.12
45.12
45.12

56.00
52.00
48.00


39.00
58.75
58.75

59.00
59.00
57.25

57.00
51.00
49.00


44.00
44.25
45.25

44.25
43.75
43.00



57.00


39.25
40.12
38.75

59.75
59.58




52.00


45.00
42.51
41.75

45.25
42.62
m--


58.50
58.50
57.75

58.81
38.51


47.50 40.90 46.00 58.88 44.12 58.25 45.50 58.81
47.30 40.90 46.00 38.88 44.12 38.25 45.50 58.81


51.65
40.50
46.50

44.50
47.00


49.45
38.00
50.00

49.00
51.00


48.75
36.25
45.00


47.12
55.50
46.69


-- 49.75
50.50 53.25


54.75
43.50
50.50

52.00


52.00
41.00
55.00

49.50


51.00
59.50
48.50

47.88


50.25
39.88
50.75

48.88


55.00 57.00 56.50 58.75 57.00 61.25 55.50 60.00


52.00 355.50 35.00 35.50 34.00 55.00
14.50 15.25 14.75 14.75 17.50 17.75


32.00 55.00
16.00 17.58


JBULK PRICES CAHLOT BASIS 1EEK ENDED AUGUST 51, 1962
-" T- +-~-- ~ ~ Pri'ce paTd'-FOTBT-- :- FrTcs-de'llv r d- -
Classification T Pes- -i er -S -New'r :c !dl -i@Ta
W-e-e e- ----------- --- -


Good


Heifer beef -
Choice

Good


Cow beef All weigh
Utility
Canner and Cutter
Spring lamb -
Prime 50-4


45.50-46.00
46.00-47.00
46.00-47.00
42.00-45.00
42.50-44.00
42.50-44.00

44.00-44.50
44.00-44.50
42.50-45.00
42.50-45.00

28.50-50.00
28.00-29.00

42.00-435.00
42.00-45.00
42.00-435.00
42.00-45.00
42.00-45.00
42.00-45.00


Fresh pork -
Loins 8-12# 46.50-47.50


43.50-45.00
44.50-46.00
44.50-46.00

40.00-45.00
40.00-45.00

41.50-44.00
41.50-44.00



29.00-50.00


41.00-42.00
41.00-42.00
41.00-42.00
41.00-42.00
41.00-42.00
41.00-42.00


45.00-45.50
46.00-46.50
46.00-46.50

42.50-44.00
42.50-43.00

45.50-43.75
43.50-43.75
41.75-42.25
41.75-42.25

29.00-29.25
28.00-28.25

41.50-42.00
41.50-42.00
41.50-42.00
41.50-42.00
41.50-42.00
41.50-42.00


47.00-48.00
47.50-49.00
47.50-49.25
44.00-44.50
44.50-46.00
44.50-46.00


47.50-48.50
48.00-49.00
48.00-49.00

44.50-46.00
45.00-46.00


-- 46.50-47.50
-- 47.00-48.00



-- 29.00-51.50
-- 28.00-29.00


44.00-45.00
44.00-45.00
44.00-45.00
44.00-45.00
44.00-45.00
44.00-45.00


44.50-45.50
44.00-45.00
42.00-42.50
44.50-45.50
44.00-45.00
42.00-42.50


--m 46.25-46.75


Good


Choice


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

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


ats -


Choice


45-55
55-65
50-45
45-55
55-65


5#


-- 48.00-48.50






BOSTON WOOL MARKET REVIEW


Trading was generally slow with de-
mand rather poor for all wools at Boston
this week, and in many instances industry
people were on vacation. However, good
demand continued for domestic greasy type
worsted wools but supplies were limited.
Woolen wools were very slow while scoured
pulled wools and noils were moderately
active. Prices were generally fully
steady.
Carpet wools were slow at firm prices
at primary markets and in Boston.
Cabled reports from Australia indi-
cated good clearance for sales of August
20-24 at Melbourne and Fremantle while
auctions resumed at Sydney and Adelaide
on August 27. Latter opened around 2
pence under close at Melbourne for mostly
"B" grade wools while prices were steady
at Sydney. Futures market at London and
Sydney little changed but firm. Conti-
nent, England and Japan most active with
Japan absorbing around 55 percent of
fleece wools.
Territory and Fleece Wools Trading
was dull in these areas with limited sales
steady. Fine territory wools sold around
31.27 and fine fleeces around $1.25 clean
basis.
Texas Wools Recent sale at Del Rio
offered about one million pounds which
were well sold out. Dealers estimated
fall wools which moved at steady prices
would range from around $1.00-1.05 clean
basis, delivered East.
Mohair Trading was very limited
with demand from foreign source extremely
limited. Domestic outlet was largely
small piece orders. Prices were steady to
firm. Sales of adult were around 470
and kid around 82-85# for delivery to
warehouse.
Foreign Wools Spot foreign wools
sold at a moderate pace under generally
fair demand. The trend was steady to
firm with rather poor selection mostly on
offer.

Australia
Oil-combed


78B -
78AB -
79B -


$.91
.89
.88


432B -
433B -
454B -


$.82
.78
.74


South
Oil-combed
47 $1.06
48 1.04
52 1.04
53 1.02


Africa
Scoured yields
22 $1.04
25 1.02
27 1.01
28 .99
533 .93


Montevideo Super
Skirted Wools
60/64s $1.00
60s .98
58s .96
56s .94
Carpet Wools Trading mostly slow
and prices firm. Cabled quotes showed
pulled Aleppo wool 69# clean wool fibers,
yellow Pakistan wool 65-660 and white at
75-750, 702/703 crutchings quoted 59-60f.
Buenos Aires greasy carpet wools offered
at 68-690 for November clip and 635 for
March. Quotations of 54-56# for New
Zealand 702/703 crutchings in last week's
report should have stipulated "inferior
grade."
Woolen Wools Sales follow:
Scoured Pulled Foreign
N. Z. ave. 50/56s slipes, light stain
around 31.04
Noils
Aust. nobles clear 70s & 64/70s 860
spot
60s ave. to good noble noils 780
Aust. 64s ave. noils 780
Fine Cape Schlumberger noils 510


Wool Tops The wool tops market
was quiet this week. Topmakers were
practically sold up but reported fair
inquiry for other than finer grades.


CLOSING FUTURES QUOTATIONS -
Aug. 30, 1962 (Furnished by the Wool
Associates of the New York Cotton Exch.)
October wool tops $1.665B
December wool tops 1.645B
A4s gpide 2.55" minimum length
Octooer wool 1.240T
December wool 1.222B
64s grade 24" ave. stretched length









Coamod:


AVERAGE PRICES RECEIVED BY FARMERS FOR LIVESTOCK, FEED AND WOOL
: Aug. : July : June : Aug.
ity and unit : 15 : 15 : 15 : 15
: 1962 : 1962 : 1962 : 1961


Prices received by farmers -
Hogs Per cwt. Dol.
All beef cattle "
Cows n "
Steers and heifers "
Calves "
Sheep "
Lambs "f
Wool 2/ Per lb. "
Corn Per bu. "
Oats "
Barley "
Hay, all baled ton "
Cottonseed "

Hog-corn price ratio 3/ -
United States Bushel
N. Central States
Iowa "


17.40
21.60
14.50
24.30
24.90
5.46
19.00
.451
1.02
.572
.898
19.40
47.40


17.1
17.4
18.0


16.90
21.00
14.60
23.40
24.80
5.56
19.10
.457
1.04
.621
.986
19.10
49.00


16.2
16.6
16.6


16.10
20.80
14.80
23.10
24.80
5.44
19.50
.464
1.03
.684
.980
19.70



15.6
16.0
16.5


17.30
20.10
14.60
22.20
23.20
4.72
15.80
.410
1.04
.605
.951
19.50
49.90


16.6
16.9
17.1*


Index numbers: (Av. Jan. 1910-Dec. 1914 100)
All farm products 244 240 239 24i
Feed grains and hay 151 155 157 15-
Meat animals 318 310 305 30:
Prices paid by farmers -
Commodities & services, interest,
taxes and wage rates 305 305 305 50:
1/ Estimates of Crop Reporting Board.
/ Average local market price, excluding incentive payment. Monthly average.
_/Bushels of corn equal in value to 100 lbs. of hog, live weight.
*Revised.. ...


: Average
: Jan. 1957-
: Dec. 1969

17.30
20.60
15.10
23.10
25.50
6.48
19.90
.438
1.10
.622
.892
19.10
47.60
Aug. av.
1951-60
13.9
14.1


1957-59
242
159
308
1947-49


frFTIVEl f.ii RItl.S I LLV run laVrIUL.INO, FEED AND WUUL i/
Adjusted t Effective parity prices 3/
Commodity and unit : b _based_o daafr_ _
-prices-2/:--------_ --- -- A 1962 : _2 July 1962 : UAg& 1L9&_
Homs Per cwt. Dol......... 7.09 21.60 21.60 21.30
Beef cattle to ,t ....... 7.73 25.60 23.60 23.70
Calves o f ........t 8.58 26.20 26.20 26.20
Lambs t........ 7.98 24.30 24.30 25.20
Wool Per lb. ......... 4J .241 .735 .735 .749
Corn bu. ......... .526 1.60 1.60 1,62
Oats ......... .276 .842 .842 .840
Barley ......... .413 1.26 1.26 1.25
Cottonseed ton ......... 4_ 20.60 62.80 62.80 62.60
I/ Parity prices are computed under the provisions of Title III, Subtitle A, Section 301 (a) of
the Agricultural Adjustment Act of 1938 as amended by the Agricultural Acts of 1948, 1949,
1954, and 1956.
2/ Adjusted base price 1910-14 deriqvd from 120-month, January 1952-December 1961 average, (in-
eluding an allowance where appropriate for unredeemed loans and other supplemental payments
resulting from price support operations) by dividing by 247 percent (the 120-month average
of the Index of Prices Received by Farmers adjusted to include an allowance for unredeemed
loans and other supplemental payments) unless otherwise noted.
3/ Effective parity prices as computed currently using base prices in effect and indexes for
months indicated. These parity prices are the legally applicable parity prices for the
following calendar month.
4/Adjusted base price 1910-14 derived from 10 season average prices 1952-61 (including an
allowance, where appropriate, for unredeemed loans and other supplemental payments result-
ing from price support operations).







CLASSIFICATION OF LIVESTOCK SLAUGHTERED UNDER FEDERAL INSPECTION 3/

Number (000 omitted) : Percent
2-(- n g --g----
July : June : July Jul : July j June t July : July
: 1962 1962 : 1962 : 1961 : 1962 : 1962 : 1962 : 1961
Cattle:
Steers ................... 1,031 1,065 6,943 978 58.4 62.0 59.5 60.1
Heifers .................. 358 337 2,391 327 20.3 19.6 20.5 20.1
Cows ..................... 353 295 2,207 299 20.0 17.2 18.9 18.4
Bulls and stags .......... 23 21 127 25 1.3 1.2 1.1 1.4
Total 2/.................. 1,765 1,718 11,668 1,627 100.0 100.0 100.0 100.0
Canners and Cutters 5/.... 169 122 1,006 140 9.6 7.1 8.6 8.6

Hogst
Sows ..................... 644 585 3,109 648 13.7 11.6 8.0 15.0
Barrows and gilts ........ 3,989 4,406 35,464 3,646 84.9 87.4 91.3 84.4
Stags and boars ......... 66 50 273 26 1.4 1.0 .7 .6
Total 2/ ................. 4,699 5,041 38,846 4,320 100.0 100.0 100.0 100.0

Sheep and lambs:
Lambs and yearlings....... 1,094 975 7,982 1,055 93.5 91.6 95.2 95.7
Sheep .................... 76 89 599 71 6.5 8.4 4.8 6.5
Total 2/ ................. 1,170 1,062 8,381 1,126 100.0 100.0 100.0 100.0

1- Based on reports from packers. 2/ Totals based on rounded numbers.
5/ Included in cattle classification.


CLASSIFICATION OF BARROW AND GILT SLAUGHTER
AS REPORTED BY COOPERATING PACKERS

Hogs : Barrows and Gilts reported separately
Month a slaughtered under :- ------- - -
: Federal inspection Firms Head Barrows
reporting: ad Barrows : Gilts
a reporting: I
Number Number Number Percent Percent
July 1962 o. .......... 4,699,000 22 474,000 50.13 49.87
June 1962 ............. 5,041,000 24 793,000 48.21 51.79
July 1961 ............. 4,320,000 26 786,000 49.21 50.79




PERCENTAGE DISTRIBUTION, BY CLASSES, OF CATTLE SLAUGHTERED UNDER FEDERAL INSPECTION
JULY 1962
: o Canners and
: Steers Heifers s Cows : Bulls and. Cutters,
Region -------------------- -Sgs -a C AP.s-
: July : July : July : July July
: 1962 : 1961: 1962: 1961: 1962: 1961: 1962: 1961: 1962 : 1961
Pct. Pct. Pct. Pot. Pct. Pct. Pct. Pct. Pct. Pet.
N. Atlantic States ......... -775 "77 T 7 7o nT- 9-7- Trw-
S. Atlantic States ......... 55.2 55.9 4.6 6.0 36.6 35.9 5.6 2.2 24.5 22.2
N. C. States-Eastern ....... 50.6 61.7 18.7 14.8 28.3 21.7 2.4 1.8 15.2 10.0
N. C. States-N. Western ..... 61.9 61.2 24.3 24.8 12.8 15.0 1.0 1.0 5.4 6.2
N. C. States-S. Western ..... 62.9 66.8 18.9 18.8 17.5 15.6 .7 .8 10.5 6.3
S. Central States ........... 34.2 36.0 14.4 13.6 49.5 47.7 2.1 2.7 27.9 20.8
Mountain States ............ 52.7 55.8 54.0 31.9 12.7 11.7 .6 .6 3.7 2.9
Pacific States ........,.. 70.7 62.2 14.0 17.1 14.0 18.6 1.3 2.1 2.7 5.5







UNITED STATES FEDERALLY INSPECTED SIAUHTOER AND MEAT PRODUCTION
S 5 Percentage
S July January-July t Jul1962 of
-- ------- --- ---- ---- -1 --iuly 1962 -o
S S : July : 5-yr.
: 1962 : 1961 i 1962 : 1961 : 1961 :July av.
Number slaughtered under Federal inspection: (thousands of head)
Cattle ................. 1,765 1,628 11,668 11,363 108 109
Calves ................ 367 341 2,767 2,732 108 86
Hogs ................... 4,699 4,320 38,846 36,991 109 105
Sheep & lambs .......... 1,171 1,126 8,381 8,711 104 105
Average live weight: (pounds)
Cattle ................. 1,015.5 1,043.9 1,037.5 1,049.0 97 101
Calves ..........,,,,. 223.6 231.5 209.1 215.0 97 95
Hogs .................. 247.2 247.1 242.4 242.2 100 101
Sheep & lambs ......... 94.1 93.5 98.7 100.2 101 100
Average coat to packers: (dollars per 100 pounds)
Cattle ................. 22.47 20.24 22.55 21.47 111 102
Calves ................. 24.28 21.54 24.85 25.69 115 108
Hogs .......,......... 17.18 16.94 16.25 16.95 101 97
Sheep & lambs .......... 19.44 15.86 17.56 16.03 123 103
Dressings yields: (per 100 pounds live weight)
Cattle ................. 57.9 58.5 57.9 58.0 -
Calves ................. 56.8 56.4 56.6 56.2 --
Hogs I/..........76.8 76.5 76.9 76.6 -- -
Sheep-& lambs ......... 48.6 48.5 48.9 49.0 --
Lard per 100# .......... 13.2 13.9 13.0 13.7 -
Lard per animal ........ 32.7 34.4 31.5 33.2 -- -
Average dressed weights (pounds)
Cattle ................. 588.0 608.6 600.4 608.7 -
Steers 2/............... 646.3 674.8 -- -- -
Heifers-2/.............. 532.2 545.7 -- --
Cows 2/.T............... 487.4 490.6 -
Calves ................. 127.0 150.6 118.4 120.9 -
Hoga ................. 189.8 189.0 186.3 185.6 -
Sheep & lambs .......... 45.7 45.2 48.3 49.1 --
Condemnations: 5/ (number of head)
Cattle ...........,..... 4,938 4,398 34,140 32,797 -- -
Calves ................ 801 755 11,580 10,526 -- -
Hogs ................... 9,092 8,945 72,396 70,829 -- -
Sheep & lambs .......... 5,692 6,825 59,009 43,413 -- -
Total dressed weight Excluding condemned: (thousands of pounds)
Beef ................... 1,034,851 987,824 6,984,558 6,896,125 105 111
Veal .................. 46,523 44,471 326,359 329,154 105 82
Pork (carcass wt.) ..... 890,095 814,8553 7,225,357 6,855,719 109 107
Lamb & matton .......... 53,232 50,579 402,585 425,405 105 107
Total 4/................ 2,024,681 1,897,706 14,936,857 14,504,403 107 108
Pork, excl. lard ....... 680,498 612,558 5,547,548 5,176,645 111 109
Lard production 5/...... 153,348 148,457 1,221,264 1,225,889 103 99
Rendered vok faT ...... 6958 ,852 54L551 49L552 101 96
I/ Subtract 7.0 to obtain reported packer style average. 2/ Also included with cattle.
I/ Partly estimated. 4/ Totals based on unrounded numbers. 5/ Includes rendered pork fat.
ACTUAL FEDERALLY INSPECTED SIAUOHTER AND REVISED ESTIMATE OF MEAT PRODUCTION BY WEEKS JULY 1962
C"" "" "Cittle c es T o-s ~ T Se-p "and~--e T ", "L-rS "
Week I Av. 1 hM. Av. I 'NUT- Av. I -Num- I Av, Iotal field 7
ended t bar dr.'Prod. ber I dr. sPro d r dr.4/sProd.*ber 3 dr IProd.Imeat 3 per IProd.
- -- ._ E -----_-- --. ---. -
1000 lb. mil.lb.1000 Ib. mil.lb.1000 lb. mil.lb.1000 lb. mil.lb.omil.lb. lb. Al.lb.
1962 -
July 7 353 589 208.0 66 126 8.3 952 145 155.2 229 45 10.4 561.9 13.0 50.1
14 429 586 251.5 91 126 11.5 1140 146 166.6 285 46 12.9 442.5 15.1 57.4
21 415 586 245.3 87 125 10.9 1098 145 159.5 282 46 12.9 426.4 15.5 56.6
28 406 584 237.3 88 128 11.5 1084 145 155.1 272 46 12.4 416.1 15.2 554j
Excllaudes lard.






COMMERCIAL lIVESTOCK SLAUGHTER, UNITED STATES, JULY 1962 l/

Cattle Calves
*- R._-- -- -- --- -- -- -K -- -- w ---- M- -- --
Other Av. Other Av.
Month and :Federally cother- Total live Federally cother- Total live
period :inspected coi- Total live inspected co- Total live
mercial weight mercial weight
Thousand head Pounds Thousand head Pounds
July 1962 ........ 1,764.9 485.0 2,249.9 995 567.1 194.6 561.7 259
July 1961 ........ 1,627.5 456.8 2,084.3 1,017 541.3 205.1 544.4 245
Jan.-July 1962 2/. 11,667.7 5,283.2 14,950.9 1,014 2,767.4 1,544.1 4,111.5 226
Jan.-July 1961 V/. 11,562.8 5,272.5 14,655.1 1,021 2,732.2 1,541.9 4,274.1 226
Hogs : Sheep and lambs

July 1962 ..... 4,698.7 862.1 5,560.8 244 1,170.5 185.6 1,556.1 94
July 1961 ..... 4,520.2 834.9 5,155.1 243 1,125.8 189.1 1,514.9 94
Jan.-July 1962 2/ 58,846.1 6,586.8 45,432,.9 240 8,580.6 1,226.2 9,606.8 98
Jan.-July 1961 7/ 36,990.6 6,675.0 43,663.6 239 8,711.2 1,190.7 9,901.9 100
1/ Excludes farm slaughter. 2/ Accumulated totals based on unrounded head and live weight.
COMMERCIAL MEAT AND LARD PRODUCTION. UNITED STATES. JULY 1962 i/


Month and Bee Veal Pork 2/ : Lamb : Total
period : and mutton : meat
Mil. lb. Mil. lb. Mil.lb. Mil. lb. Mil. lb.
July 1962 ..... 1,284 76 796 62 2,218
July 1961 ..... 1,225 74 723 60 2,080
Jan.-July 1962 4/ 8,679 523 6,436 460 16,098
Jan.-July 1961 -/ 8,577 540 6,073 485 15,673

l/ 5ccludes farm slaughter. 2/ Excludes lard and rendered pork fat.
-/ Includes rendered pork fatT 4/ Accumulated totals based on unrounded data.
Statistical Reporting Service Crop Reporting Board.


Lard 3/

Mil. lb.
175
168
1,572
1,579


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


Grade


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


--- ----- ------- --------------------- ----------------- -_
Beef : Veal and calf : Lamb and mutton
- T :- -
: July : July July July : July : July
: 1962 : 1961 : 1962 1961 : 1962 1961
Thous. pounds Thous. pounds Thous. pounds
19,647 21,919 64 147 2,990 2,824
458,759 455,357 2,502 3,719 20,604 21,425
134,902 127,577 11,257 10.368 869 690


16,286
4,973
5,168
583
73


18,135
2,548
5,422
2,806
96


1,521


1,311


- -- 2 1 9


Total ............ 2/640,391 633,859 15,216 15,636 25,328 25,182
S- -- -- w n- -- - - -
Bull and stag beef .. 771 578
All other meats
and lard.......... 15,175 11,947

I/ Data pertain only to meats offered to the U. S. Department of Agriculture for grading
or acceptance.
2/ Includes 14,400,784 pounds Beef Dual Graded.


J


J











BEEF-DUAL GRADED AS COMPLYING WITH SPECIFICATIONS
BY THE U. S. DEPARTMENT OF AGRICULTURE
JULY 1962

Mality YIELD GRADE
Grade : 2 : 5 4 : 5 : 6 : Total
Pounds Pounds Pounds Pounds Pounds Pounds Pounds

Prime ....... 2,050 533,590 106,988 45,537 11,485 1,500 200,950
Choice ...... 42,601 2,485,044 5,656,474 1,059,852 111,055 18,125 9,575,151
Good ........ 41,046 1,867,041 2,177,932 204,180 15,460 1,500 4,507,159
Standard .... 18,210 221,845 152,558 5,500 -- -- 578,115
Commercial .. 7,500 22,705 65,176 14,900 110,281
Utility ..... 7,900 16,150 5,100 1,500 500 51,150
Cutter ...... -- -- -- -
Canner ......- -- -- -- --

Total ..... 119,507 4,646,175 8,144,228 1,551,469 158,480 21,125 14,400,784










RETAIL SALES VALUE COMPARISONS OF 600-POUND CHOICE GRADE BEEF CARCASSES*
July 1962

High Intermediate Low

Percentage of carcass weight in retail cuts ....... 78.9% 74.5% 69.7%

Retail sales value per cwt. of carcass ............ $67.01 $63.56 $60.10

*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. 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.





692

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


UNIVERSITY OF FLORIDA

3 1262 08500 5774
hostage ani trees paia.


OFFICIAL BUSINESS

Form AMS-9/5/62
Permit 1001.


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


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


: : :Kansas Fort : North
Classification :Chicago: Omaha : City : Worth : Denver: Ogden : Portland
- : _:_ _: : -: :
SLAUGHTER LAMBS: (Spring) 75-105#
Prime Sept. 1, 1962 21.90 20.22 20.98 -- 21.88 20.70 18.81
Sept. 2, 1961 18.70 17.62 17.75 -- 18.86 17.46 15.75
Choice Sept. 1, 1962 21.00 19.60 20.15 19.75 20.48 19.62 18.19
Se2t. 2, 1961 17.70 16.88 17.00 15.48 17.40 16.58 15.50
Good Sept. 1, 1962 19.05 18.35 18.55 17.00 18.66 18.20 17.50
Sept_. 2, 1961 15.98 15.38 15.50 14.72 15.52 14.62 14.00
EWES: (Shorn) 90-150#


Good
Good & Ch.
Utility
Cull & Util.
Cull
FEEDER LAMBS:
Fancy
Choice
Good & Ch.
Good


Sept. 1, 1962
Sept. 2,1961
Sept. 1, 1962
Sept. 2, 1961
Sept. 1, 1962
(Spring) 60-7
Sept. 1, 1962
Sept. 1, 1962
Sept. 2, 1961
Sept. 1, 1962


4.00 5.10 4.50 5.88 5.95 5.25
4.50 3.62 2.50 5.25 4.85 3.55-
4.70 5.10 5.25 4.88 5.25 4.75
4.42 3.62 2.50 4.50 3.60 2.75
4.00 4.50 4.25 4.50 3.75 5.50


-- 18.25 -- -
- 16.50 -- 15.55
-- 14.00 -- 10.70
.-- 11.00


18.75
17.62
14.72
16.00


18.82
17.92
15.39
16.00


4.25
5.00
4.30
2.62
5.75

16.00
15.00
11.50