Livestock, meat, wool market news

MEAT


WOOL


WEEKLY SUMMARY

AND STATISTICS


LIVESTOCK DIVISION, AGRICULTURAL MARKETING SERVICE
U.S. DEPARTMENT OF AGRICULTURE
WASHINGTON 25, 0.0.


Vol. 30, No. 46

Week ended e r 1S


Livestock Market Reviews
livestock Market Receipts .
Feeder Statistics .
Estimated Percentage of Feeder Cattl d
Slaughter Cows in Salable Receipts .

Steer Sales Statistics (with monthly totals)
Heifer Sales Statistics (with monthly totals)
Slaughter at Major Centers .
Estimated Slaughter and Meat Production .

Cattle Prices (with monthly averages) .
Hog Prices .* .
Hog Purchase Statistics (with monthly totals)
Sheep and lamb Prices .

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


November 14, 1962


Page


. .


866
868
869
869

870
872
873
880

875
876
877


Special to this issue

Feeder Shipments from 10 Markets, by Months, 1955-62 .
The Livestock and Meat Situation, November 1962 .


878
879


ll *I-lwA


A"





MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


Slaughter steers and heifers sold steady
to 1l.00 higher under the influence of price
advances in the carlot beef trade. The number
of slaughter steers and heifers sold out of
first hands at the seven markets totaled 97,700
head, 6,400 more than last week but 4,700 be-
low a year ago. Slaughter cows sold 250-$1.00
lower. Seasonally large supplies of feeder
cattle and calves moved at steady to strong
prices. Trends on barrows and gilts were un-
even, generally steady to 25# lower, except
250 higher at Sioux City, and 50-750 up at
Sioux Falls. Slaughter lambs closed the week
steady to 500 higher except St. Paul, Kansas
City and Fort Worth steady to 50# lower.

SLAUGHTER CATTLE AND CALVES At major
terminal markets slaughter steers and heifers
sold steady to $1.00 higher to fully recover
the previous week's price loss. The only ex-
ception was at St. Louis where prices were
steady to 500 lower. Cows sold 250-$1.00 low-
er for the second consecutive week, as prices
of cow beef in the Chicago carlot dressed
trade dropped to a two-year low. Bulls were
steady to 500 lower. Vealers sold weak to
$2.00 lower. The slaughter steer and heifer
supply at most points was comprised of Good
and Choice offerings with Prime accounting for
12 percent of the steer run in Chicago.
Slaughter steers weighing over 1200# continued
relatively scarce and consequently such kinds
generally found the most aggressive demand.
Cows made up 11 percent of the 12 market re-
ceipts with feeders accounting for 26 percent
of the run.
Slaughter steers: In Chicago loadlots of
Prime 1175-1350# brought $32.25-35.25, one
load 1260# $33.35. Bulk high-Choice and Prime
1150-1575# cashed at $31.50-32.25. At other
points high-Choice and few Prime 1125-1525#
sold from $30.00-51.25; Choice over the area
brought $28.00-30.25; Good $25.00-28.00;
Standard and low-Good $25.00-25.25.
Slaughter heifers: In Chicago high-Choice
and Prime 950-1100# sold from $29.50-50.50,
including one load Prime 1096# at $30.50, high-
est on heifers since May 1959. Bulk Choice
over the area brought $27.00-29.00; Good
$25.50-27.00; Standard and low-Good $21.50-
23.50.
Cows: Utility and Commercial closed at
$15.50-16.00, few to $16.50; Canner and Cutter
largely $10.50-15.50, few to $14.00.

FEEDER C'ITTIL AND CALVES Although the
large volume fall movement of feeder cattle and
calves from range and pasture to market has
been in full swing in recent weeks and the
seasonal decline is approaching, receipts at
terminal markets during the week under review
were not much smaller than the liberal numbers


marketed the previous week. However, quality
was not as high a level as during the past sev-
eral weeks, principally from the standpoint
that fewer mixed Choice and Fancy shipments
were marketed. A liberal percent of supplies
were Choice or mixed Good and Choice consign-
ments. Price trends at the various markets
were moderately uneven but for the most part
were steady to strong as demand continued good.
Favorable weather conditions, need for cattle
to clean up stalk fields, abundant feed supplies
and slaughter cattle prices at levels encourag-
ing to cattle feeders, all were factors prompt-
ing a continued widespread demand.
Feeder steers: Good and Choice 800-1050#
bulked $25.00-27.00. Two loads Choice 1007#
were included at $26.25 and at Omaha few Choice
800# reached $27.75. Scattered shipments
Choice and mixed Choice and Fancy 525-625#
$29.50-50.00; bulk Good and Choice 550-750#
$24.00-29.00; Medium and mixed Medium and Good
550-750# $20.00-24.50.
Feeder heifers: Good and Choice 525-750#
$22.00-26.25; load Choice 617# included at
$26.25. High-Choice and Fancy yearlings scarce.
Feeder calves: Moderate number Choice and
mixed Choice and Fancy 500-450# steers $56.00-
38.00, load 566# $38.50 and part load Fancy
385# $41.00. Good and Choice 500-550# steers
ranged $25.00-35.00, load Choice 519# $34.00.
Few loads Choice and Fancy 300-425# heifers
$52.00-53.00; other heifer calves running the
full range of the Good and Choice grades $24.00-
31.50.

HOGS Terminal Markets At the 12 markets
hog receipts totaled 361,000 head, 9 percent
more than last week, but 5 percent smaller than
the corresponding period a year ago. Compared
with the previous week's close, barrows and
gilts were steady to 25# lower except 250 higher
at Sioux City and 50-750 up at Sioux Falls.
Price trends for sows were uneven, generally
steady to 25# lower except steady to 250 higher
at Omaha, Sioux City and Sioux Falls. Sow
supplies at the eight markets accounted for10
percent of the receipts.
Barrows and gilts: U. S. 1-2, 190-240#
closed at $16.50-17.75, largely $17.00-17.50;
No. 1-5, 190-250# $16.25-17.25, mostly $16.50-
17.00.
Sows: U. S. 1-3, 270-400# $14.50-15.50,
few $16.00. No. 2-3, 400-50011 $14.00-15.00.
Feeder pigs were mostly steady with Choice
120-160Q at St. Paul mostly $16.00. Good and
Choice 130-160# $14.75-16.50 at Sioux City.
Average cut-out value advantage of U. S.
No. 1 over No. 3, live basis 200-220# barrows
and gilts was $1.11 per cwt. based on wholesale
carlot prices of fresh pork cuts at Chicago,
November 1 to November 7, 1962 inclusive.
Interior Iowa-Southern Minnesota receipts







totaled 559,000 compared with 330,000 a week
ago and 308,000 a year earlier. U. S. 1-3
200-2501 butchers comprised bulk of receipts,
sows about 8 percent. Prices moved mainly
upward during the first half of the week under
good demand. Demand narrowed later because of
the holiday influence, however, and a reversal
of the trend erased the earlier advance. For
the week, barrows and gilts were mostly steady.
Sows mainly 250 lower.
Barrows and gilts: On Friday, U. S. 1-3
200-240#, $15.75-16.50, small volume No. 1-2
$16.50-16.75.
Sows: U. S. 1-? 270-400#, $14.00-15.25,
feT No. 1-2 270-300C $15.25-15.75; No. 2-3 400-
550s $12.50-14.65.
Interior Illinois Receipts totaled
133,500 head, compared 121,800 last week and
109,200 a year ago. For the week, barrows and
gilts were steady. Sows closed mostly steady,
instances 250 lower.
Barrows and gilts: On Friday, U. S. 1-3
190-250# $16.00-16.75; mostly $16.25-16.75;
sorted No. 1-2 200-220# $16.75-17.25; No. 1-3
230-250/ $15.75-16.25.
Sows: U. S. 1-2 280-530# $14.75-15.50,
few $16.00; No. 1-3 300-400, $13.75-14.75;
No. 2-3 400-500/ $'12.75-1.75; No. 2-3 500-600,#
$12.00-13.00.

SIEEP AND LAMBS Receipts at the 12
markets totaled 92,000 head, compared with
108,000 the previous week and 130,000 last year.
jThe reduction in receipts prompted higher
prices. Slaughter lambs generally sold steady
to 500 higher, although sales at St. Paul, Kan-
sas City, and Fort Worth were steady to 500 low-
er. Slaughter ewes sold steady except steady
to 250 higher at Denver and steady to 500 high-
er at St. Louis. Feeder lambs were steady ex-
cept strong to 500 higher at St. Paul.
Wooled slaughter lambs: Choice and Prime
80-112# at most midwest markets $18.00-20.50.
Choice and mixed Good and Choice 70-110# $17.00-
20.00, mainly $18.00-19.50. At Denver, Choice
and Prime 90-122, $21.00-21.70, bulk Choice
84-114# $19.65-21.70, Good and Choice $19.20-
19.60.
Shorn slaughter lambs: Choice and Prime
87-115# No. 1 to fall shorn pelts $19.25-20.50,
Choice and mixed Good and Choice 70-104# No.
1-2 pelts $17.50-20.00. At Fort Worth, Good
and Choice 65-85# No. 2 to fall shorn pelts
$16.00-18.00.
Slaughter ewes: Cull to Good wooled and
shorn $3.50-7.00, few $7.10-7.70.
Feeder lambs: Choice and Fancy, 54-87#
$15.00-18.90. At Denver, Fancy 57-94# $19.00-
19.90. Good and Choice 40-76, ranged $13.50-
17.50.
Interior Iowa-Southern Minnesota area re-
ceipts totaled 16,500 head, compared with
17,300 the previous week and 20,900 a year ago.
Slaughter lambs comprised fully 90 percent of
the supply with around 50 percent shorn lambs.


Slaughter lambs closed strong to 500 higher and
ewes steady.
Slaughter lambs: Choice, and mixed Choice
and Prime, 85-110Y wooled and No. 2 to fall
shorn pelts $18.00-19.00 delivered, mixed Good
and Choice $16.00-18.00.
Slaughter ewes: Cull to Good shorn and
wooled $3.00-5.00, few Utility and Good $5.50.

RANGE AND FEEDLOT SALES

ARIZONA, CALIFORNIA, NEVADA AND UTAH -
Slaughter steers and heifers moderately active,
mostly steady. Feeder cattle and calves slow,
fully steady. Slaughter lambs steady. Note:
unless otherwise stated, all sales for delivery
within 10 days.
Slaughter steers: California and Arizona,
200 mostly Choice 1000-1050# $27.25, 20,600
mixed Good and Choice and mostly Choice 900-
l'-.- $26.00-27.00; 2,900 mostly Good 950-1150#
$25.00-26.00; 220 mostly Choice 1050/ $25.75
February-March delivery; 4,500 Standard and
Good 900-1150# $24.00-25.00; 1,000 Standard
850-1200# $22.00-24.00. Utah, 50 Good and
Choice 1050# $25.50.
Slaughter heifers: California and Arizona,
325 mostly Choice 800-950# $25.75-26.00; 3,350
Good to mostly Choice 725-1000# $25.00-25.50.
Note: Unless otherwise stated, all above sales
net weight f.o.b. feedlot after 4 or 5 percent
shrink.
Feeder cattle: Steers, 1,325 Choice 475-
840# $24.40-28.50; 1,175 Good and Choice 600-
675# $24.40-25.00 with 4-5 percent shrink; 175
Medium 600# $20.00-21.00. Heifers, 50 Choice
475# $24.50; 450 Good to mostly Choice 550-
650# $22.00-23.00, some 4 percent shrink.
Steers and heifers: 100 Choice 250# mixed
$52.00; 500 Choice 450-550# steers $26.00-
27.00, 400-475# heifers $24.00-25.00. Note:
Unless otherwise stated, all feeder sales net
weight after none to 3 percent shrink depending
on distance to weighing point.
Slaughter lambs: California, 1,400 Choice
95-105 fall shorn $20.00; 1,700 Choice 95-105#
with No. 2 to fall shorn pelts $19.75-20.00.
Nevada and Utah, 650 mostly Choice, few Prime
95-10 full wooled $20.00. Note: Unless
otherwise stated, all lambs overnight stand or
4 percent shrink.

COLORADO, SOUTHERN WYOMING, WESTERN KANSAS
AND WESTERN NEBRASKA Trading moderately
active, slaughter steers 750-$1.00 higher with
heifers 500-$1.00 higher. Feeder cattle mostly
steady. Slaughter lambs sold 25-750 lower.
Slaughter steers: Colorado, 75 average
and high-Choice 1075 $530.00; 5,775 Choice
1050-1225~ $28.25-29.65; 500 high-Good and
Choice 1025-1200# $27.40-28.50. Wyoming, load
Choice 1075. $29.00.
Slaughter heifers: Colorado, 5,575 Choice
875-1000 $27.25-28.25, late sales $27.75-28.25;
2,000 these sold f.o.b. feedlot; 600 head






high-Good and Choice 875-1000# $26.50-27.50.
Western Nebraska, 350 Choice 950-1000#, some
loads with an end of Prime, $27.75-28.35.
Wyoming, load Choice 950# $28.00. All slaughter
cattle sold with 4 percent shrink and delivered
to packing plants.
Feeder cattle: Colorado and Nebraska, 700
mostly Choice 645-790Q steers $25.00-27.50; 500
mostly Choice 590-685e# heifers $24.00-25.00.
Calves: Colorado, 1,200 Choice mixed calves,
steer calves 350-425# $31.00-35.00, heifers
340-425# $29.00-31.00; Good and Choice 375-
450# calves, steers $28.50-31.00, heifers
$26.50-28.50. Wyoming, 800 mostly Choice, few
Fancy, 340-375/, calves, steers $32.00-56.00,
heifers $30.00-32.00. All sales none to 3 per-
cent shrink, depending on distance to weighing
point.
Slaughter lambs:. Colorado, Choice and
Prime 95-115# wooled $21.00-21.50, mostly $21.00
late; Choice 95-1102 $20.25-21.00. Choice and
Prime 95-105// shorn, No. 2 and 3 pelts, $19.00-
19.50. All sales 3 to 4 percent shrink and
delivered to packing plants.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Slaughter
steers, heifers and feeders active, steady to
25 lower. Slaughter and feeder lambs active,
mostly steady. Slaughter ewes active, steady
to strong. Unless otherwise stated slaughter
steers and heifers 4 percent shrink f.o.b. feed-
lots; feeder cattle and calves delivered.
Slaughter steers: 10 loads 975-1150Q/ Good
and Choice ,26.00-27.00; Standard to mostly
Good 850-1075./ '23.50-26.25.
Slaughter heifers: 8 loads Good and Choice
850-975!- 25.75-26.50; bulk Good 650-950,
$23.75-25.75.
Feeders: 4,350 Good and Choice 550-700#
steers .22.50-25.25. Around 1,300 Medium and
Good 360-450, heifers $23.00-23.50. Around 700
Good and mostly Choice 5''-''l-1 calves, steers
-32.00 and heifers 3$0.00.
Sheep: 2,n00 Good and Choice 87-96,#
wooled slaughter lambs $17.50-18.50; 785 Good
and Choice with No. 1 pelts $17.00-18.00; 3,085
Cull to Good slaughter ewes with fall shorn to
No. 3 pelts $4.00-6.50. Around 1,900 Good
and Choice 70-78, feeders $15.00-16.00.
Amarillo Area: Slaughter steers and heif-
ers slow, fully steady to strong; feeders slow,
steady. All slaughter cattle 4 percent shrink
at feedlot with buyer paying delivery to pack-
ing plant.
Slaughter steers: 300 Good to mostly
Choice n00n-1208# $27.25-27.75; 125 Good,
1000.' P26.50. 3n Choice 950# heifers $27.00;
180 Good, 7'"-?"-. $'25.65-26.50; 200 Good,
fn for 30-day delivery.
Feeders: 250 Choice 700-800, steers
"',.00; 400 Good and Choice 500# $25.00 for
April delivery, Near 600 Choice 625-650# heif-
ers $24.00-24.50. Around 300 Choice and Fancy
450# calves, steers $31.00, heifers $29.00;
200 Choice 450,Y steers 7.' .i', heifers $28.00.


OREGON AND WASHINGTON Current supply of
slaughter cattle small, Choice steers steady
to strong, Standardl Wdi Good -seady- Heiers
steady to 50 higher. Sales of feeder cattle
and calves limited. Slaughter lambs steady to
500 lower. Unless otherwise stated, slaughter
cattle f.o.b. with 4 percent shrink; lambs,
none to 4 percent shrink.
Slaughter steers: Washington, 1,300 Good
to mostly Choice 1050-1150# $27.50-28.00, in-
cluding 1,000 head for December-January dei-
livery; 120 Good and Choice 1000-1250# $25.50-
26.50; 175 Standard and Good 1100-1250# $23.25.
24.00. Oregon, 90 Good to mostly Choice 1060-
1075# $27.00-28.00; the $28.00.delivered guar-
anteed 61 percent yield. 25 Good and low-
Choice 1090# $26.75 delivered; 35 Standard and
low-Good 1100# $24.00 delivered weighed at
ranch 5 percent shrink.
Slaughter heifers: Washington, 240 mostly
Choice 850-9251# $26.00, including some for
January; 80 Good to mostly Choice 850-875#
$26.50 delivered; Good and Choice 960# $25.00;
35 Good 875# $24.00, 20-mile haul 3 percent
shrink.
Feeder cattle: Washington, 125 mostly
Choice 700-800# steers $25.00, 195 mostly
Choice 740-800# $25.50-25.65 delivered from
Canada.
Slaughter lambs: Oregon, 700 Choice, few
Prime 95-105# No. 2 pelts $20.00 delivered
California; 700 mostly Choice 95 -woolea-and
fall shorn $19.00-19.25 delivered. Klamath
Falls pool 1,000 mostly Choice and largely
wooled 98-100# $19.75 f.o.b. Washington,
2,200 mostly Choice, end of Prime 105-112#
wooled $19.00-19.50, some delivered.

MONTANA AND NORTHERN WYOMING Limited
sales cattle, calves and feeder lambs steady.
All sales for immediate delivery, f.o.b. ranch
or nearby weighing point rith cattle and cives
3 percent shrink and lambs 4 percent shrink.
Confirmed sales this week 300 slaughter cows,
525 stock cows, 1,250 feeder calves, and 4,950
feeder lambs. Last week's confirmed sales,
1,450 feeder cattle and calves, 750 slaughter
lambs, 1,900 slaughter ewes and 3,600 feeder
lambs.
Slaughter cows: Montana, 300 Cutter and
Utility $13.50-14.50.
Stock cows: Montana, 525 Good and Choice
4-6 year-olds $200.00-225.00 per head.
Feeders: Montana, 750 Choice 400-450#
steers $30.00-31.00, few Choice and Fancy to
$32.00; mostly Choice 375-425# heifers $28.00-
29.00, few 550-375# $30.00. Northern Wyoming,
500 Choice 450-500# steers $28.00-29.00, few
Fancy $30.00.
Feeder lambs: Montana, 1,200 Good and
Choice 75-80# ewe lambs $17.50-17.75; total of
1,500 Choice 65-75# feeders $17.25-17.50; 250
Choice 68// mixed lambs $18.00 delivered to
eastern Montana feedlot. Northern Wyoming
2,000 Choice fleshy 80-90# feeders $16.50-
17.00, overnight stand with no shrink.







WEEKLY RECEIPTS OF SALABLE LIVESTOCK AT 12 PUBLIC MARKETS


---------7----------I
I Cattle
Market 1 Nov. 10 5 Nov. 11 I
s 1962 S 1961 :


Chicago .......
Denver ........
Fort Worth ....
Indianapolis ..
Kansas City ...
Oklahoma City .
Omaha .........
St. Joseph ....
St. Lotis NSIT
Sioux City ....
Sioux Falls ...
So. St. Paul..
Total .......
Nov. 3, 1962
INTERIOR IOWA AND


INTERIOR ILLI


31,992
8,696
7,734
7,425
18,253
13,616
39,263
16,101
14,044
52,755
9,811
25,560
225,250


36,437
12,491
8,805
7,799
24,250
11,992
35,715
16,745
15,570
54,338
11,867
29,704
245,711


221,177
SOUTHERN MINNESOTA
Hogs .....
Sheep ....
NOIS Hogs .....


- --------- -------
FEEDER CATTLEt
t Week ended
1Nov. iitov. 1
1962 t 1962
Steers 1001# up ........ 201 398
901-1000 9........ 1,021 1,496
801-900 .......... 3,148 3,346
701-800 ........ 6,110 5,845
501-700 ......... 12,284 14,490
Total steers 10 markets.... 22,764 25,57
Av. t. .... 691/ 695#
Av. cost* '" .... $25.66 $25.60
w Chicago ...... 25.17 25.18
Kansas City... 25.53 25.42
Omaha ........ 27.02 26.86
S. St. Paul... 22.75 22.83
w Sioux City.... 26.71 26.67
Denver ....... 26.10 26.40
S Ft. Worth .... 24.61 25.19
Oklahoma City. 25.55 24.35
S. St. Joseph. 25.00 25.39
w w St. Louis NSY. 25.94 24.25
Total calves 10 markets.. 44,728 56,529
" heifers .... 4,356 6,394
" cows .... 3,092 2,573


memmememmm


- -e m m m o -. -. -o m e m -
AVERAGE COST, WEIGHT, AND NUMBER
2 Month i Four months
Nov. 9 7 Oct. 2 Oct. July-Oct.
1961 1962 196 191 62 1961
475 1,499 2,021 5,165 6,514
1,996 6,194 9,740 27,283 31,174
4,685 16,986 23,175 63,000 71,002
6,068 40,793 49,428 113,648 114,529
.1,608 84,292 87,051 213,846 219,144
5,030 149,764 171,415 422,942 442,563
715 : 706# 706# 710#
;23.64 "25.67 $23.28 $24.98 $22.89
23.75 25.86 23.15 25.17 22.73
22.91 25.38 22.97 24.61 22.74
24.92 26.85 24.57 26.18 24.04
20.32 23.84 21.40 23.15 20.98
24.68 26.65 24.06 26.54 25.71
24.35 25.81 23.92 25.56 23.61
21.69 24.20 22.01 25.92 21.98
22.57 24.17 22.14 23.82 21.88
22.25 24.49 22.52 23.97 22.42
21.85 23.98 21.51 23.34 21.78
1,295 168,246 154,446 336,966 292,514
4,187 31,939 29,540 92,634 82,285
2,935 7,216 9,541 16,292 18,628


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

ESTIMATED PERCENT OF FEEDER CATTLE AND SLAUGHTER COWS IN SALABLE RECEIPTS
Chi- Kan.a St. Sioux S.St. Indian- Den- I Ft. sOkla.Wich-s San
Week ended cag ,sas 0mahaJsph 'City Paul apolis ,ver Worth City its 'Antonio

Feeders
Nov. 9, 1962 5 50 18 15 15 50 20 10 50 70 80 67 70
Nov. 2, 1962 4 51 22 20 22 58 20 15 40 70 81 66 76
Nov. 10, 1961 2 55 18 14 12 56 20 12 45 75 76 54 40
Slaughter cors
Nov. 9, 1962 4 14 9 10 20 b 20 10 35 25 14 16 12
Nov. 2, 1962 4 14 10 11 22 6 25 23 20 15 15 17 15
Nov. 10, 1961 5 10 10 9 15 6 15 15 20 15 10 19 20
--------------------------------------------------------------------


------------------------------
S Calves ogs_ Sheep and lambs
Nov. 10R: Nov. 11 Nov. 10 1 Nov. 11 Nov. 10 Nov. l-
1962 5 1961 i 1962 1 1961 t 1962 i 1961
177 242 40,616 36,995 4,250 5,874
2,059 3,893 6,409 4,500 12,525 25,521
2,135 1,741 1,059 1,507 8,016 8,058
514 424 29,801 30,500 2,770 5,545
2,327 5,991 20,573 21,945 4,506 5,799
4,845 4,044 5,575 5,908 1,051 1,147
6,406 6,152 52,961 48,432 9,599 12,844
1,171 861 51,709 355,921 4,942 5,947
1,840 1,827 56,224 54,245 4,700 5,895
12,502 14,271 37,987 44,993 4,985 9,983
369 578 18,335 22,459 8,944 15,485
9,095 13,935 62,228 69,301 26,401 31,884
45,218 51,959 561,277 372,702 92,489 129,758
54 910 331,551 108,111
- Nov. 10, 1962 Nov. 3, 1962 Nov. 11, 1961
S 339,000 330,000 308,000
S16,500 17,500 20,900
S 153,500 121,800 109,200


1





STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER L_

Number of head Percent of total Average weight Average price in
G by grades (pounds) :dollars per 100 lb.
Grade ---------- -- -
: Week ended
SNov. 8 : Nov. 9 Nov. 8 : Nov. 9 : Nov. 8 : Nov. 9 : Nov. 8 : Nov. 9
: 1962 : 1961 : 1962 : 1961 : 1962 : 1961 : 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.....


2,421 4,274 12.5 16.8 1,233 1,240 52.03 25.96
13,873 16,661 70.4 65.6 1,134 1,154 50.05 25.08
2,927 5,933 14.8 15.5 1,059 1,100 28.17 24.03
259 302 1.2 1.2 947 989 24.79 22.05
-- 25 -- .0 -- 1,309 -- 25.25
250 221 1.3 .9 988 1,090 22.71 20.55
19,710 25,416 1,131 1,158 29.92 25.01
------------------------------
OMAHA
173 297 1.1 2.1 1,165 1,209 30.42 25.29
7,915 8,675 49.2 62.1 1,083 1,134 28.69 24.31
7,222 4,379 44.9 31.5 1,079 1,090 27.02 23.18
680 503 4.2 5.6 1,086 1,094 23.51 21.00
91 127 .6 .9 983 986 22.01 19.83
16,081 15,981 1,082 1,119 27.71 23.85
---------^-^X~C- -sflnri--- --------------------
-- 752 -- 6.2 -- 1,215 -- 24.90
8,407 6,607 65.8 54.6 1,106 1,150 28.51 24.14
4,006 4,290 31.4 35.4 1,059 1,092 27.20 23.22
331 421 2.6 3.5 1,037 1,056 24.18 21.60
23 41 .2 .3 993 1,025 22.30 20.29
12,767 12,111 1,089 1,130 27.99 23.79

-- 40 -- .7 -- 1,254 -- 24.64
939 1,786 20.9 30.6 1,109 1,141 28.81 24.56
2,809 3,250 62.6 55.2 1,095 1,081 27.26 25.48
685 599 15.2 10.2 1,098 1,040 24.1-2 21.97

57 193 1.3 3.3 933 1,051 21.40 19.67
4,488 5,848 1,096 1,095 27.05 23.56
ST. 0oUIi NSY
----------------------------------------------


14
1,156
2,969
536

37
4,512


16
1,581
2,484
866

102
5,049


.5
25.6
65.8
7.5

.8


.5
31.3
49.2
17.2

2.0


1,163
1,083
1,017
998
-
984
1,033


1,157
1,051
1,060
1,014

1,029
1,049


30.00
28.71
26.90
23.49

21.56
27.11


25.78
24.93
23.62
22.11

19476
23.71


S- T. S

Prime.......... -- 178 -- 2.6 -- 1,167 25.22
Choice......... 2,620 3,185 57.2 47.5 1,082 1,117 28.56 24.29
Good........... 3,867 3,094 55.0 46.0 1,091 1,074. 26.82 23.28
Standard....... 548 273 7.8 4.1 1,084 1,072 22.74 20.87
Utility....... -
All grades..... 7,035 6,750 1,087 1,097 27.15 23.73
---------------------3N~VR---------------
DENVER

Prime......... 45 -- 4.1 -- 1,119 -- 29.33
Choice......... 820 1,150 74.5 62.2 1,061 1,128 28.61 24.00
Good........... 255 699 21.4 37.8 1,061 1,116 27.57. 23.34
Standard..o..... -- -- -
Utility ........ -- -
All grades..... 1,100 1,849 1,063 1,124 28.58 23.75
S---Data collected by Statistical -- -eportng Serce, and Livestock Division, A. M. S.
2/ Data collected by Statistical Reporting Service, and Livestock Division,. A. M. S.







STEERS SOLD OUT OF FIRST HANDS
Percent of total
Number of head by grades
Gradeby grades
Grade '------


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

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

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

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


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


'1 Mo
: -cT.- t -Ot -s- "Ot :1 Oc19.
: 1962 : 1961 : 1962 : 1961


FOR SLAUGHTER
: Average w
(pound
nth
: Oct. :
: 1962 :


CHICAGO
9,918 18,457 9.0 14.1 1,253
78,343 88,550 71.4 67.4 1,131
18,188 21,344 16.6 16.3 1,035
2,209 2,560 2.0 1.9 1,001
-. 20 -- .0
1,095 394 1.0 .3 1,044
109,753 131,125 1,121
OMAHA
944 1,615 1.2 2.0 1,201
39,846 46,561 50.1 58.0 1,084
35,611 28,440 44.8 55.5 1,049
2,532 3,201 3.2 4.0 1,077
562 388 .7 .5 1,016
79,495 80,205 1,069

254 2,818 .4 4,2 1,201
32,639 40,853 57.2 60.7 1,104
22,316 20,866 39.1 31.0 1,058
1,777 2,290 3.1 3.4 1,027
123 436 .2 .7 956
57,109 67,263 1,084

67 272 .4 1.0 1,143
6,137 8,678 32.6 32.8 1,094
10,732 12,691 57.0 48.0 1,038
1,659 3,967 8.8 15.0 1,043

222 850 1.2 3.2 971
18,817 26,458 1,056
--- -- ---- sr. TOS Us -------


12
4,959
11,908
1,855

376
19,110


3
6,511
14,455
2,709

323
24,001


.0
26.0
62.3
9.7

2.0


.1
27.1
60.2
11.3

1.3


1,132
1,048
992
954

948
1,002


1,030
1,076
1,034
962

931
1,036


31.04
28.65
26.99
23.86

21.51
27.04


25.75
24.51
23.50
21.66

19.24
23.54


--- -mm- ------------- -ST.JS -


Prime..........
Choice .........
Good...........
Standard. ....
Commercial
utility
11 grades


Prime........
Choice.........
Good...........
Standard........


21
14,261
17,356
2,151

33,789

58
4,058
1,699
67


284 -- .8 1,141 1,199
18,652 42.2 53.9 1,089 1,122
13,758 51.4 39.8 1,047 1,074
1,81 6.4 5 1,054 4
37 ~ 1,0 6
34,580 1,066 I100


.- 1.0 -- 1,065 --
9,058 69.0 75.8 1,076 1,114
2,687 28.9 22.5 1,065 1,062
206 1.1 1.7 1,030 -1,115


30.50 25.14
28.62 23.98
26.82 22.95
22.99

27.36 5

29.71 -
28.06 25.87
26.71 22.59
22.52 19.76


Utility........ -- --
All grades..... 5,882 11,951 1,072 1,103 27.65 23.52
i Data collected by Statistical Reporting Servfie, and Livestock Division, A. M. S.


V ------------
eight \ Average price in
s) :dollars per 100 lb.

Oct. : Oct. : Oct.
1961 1962 : 196 _

1,249 31.60 25.33
1,174 29.50 24.55
1,089 27.70 23.61
1,041 25.04 21.83
1,688 -. 21.00
1,010 22.97 20.14
1,168 29.29 24.46

1,177 29.89 24.78
1,139 28.11 23.82
1,068 26.45 22.77
1,081 23.36 20.90
1,017 21.93 19.71
1,112 27.21 23.35

1,232 30.14 24.42
1,150 28.08 23.74
1,087 26.76 22.95
1,064 23.76 21.15
1,016 21.88 19.95
1,130 27.44 23.43

1,256 29.93 24 .44
1,126 28.64 24.29
1,080 26.90 23.31
1,055 23.18 21.44
--- m --m
1,027 21.45 19.74
1,091 27.12 25.27






STEERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER AT SEVEN MARKETS COMBINED 1/
----------- T---------- ~~----------
: Number of head : Percent of total Average weight Average price in
: by grades (pounds) dollars per 100 lb.
- -- - 2 -


: Month
S Oct. : Oct. Oct. Oct. Oct. Oct.
1962 1961 : 1962 1961 : 1962 : 1961


11,274
180,243
117,810
12,250

2,578
525,955


23,449
218,663
114,241
16,745
57
2,428
375,585


3.5
55.6
36.4
5.8

.7


6.2
58.2
30.4
4.5
.0
.7


1,228
1,108
1,042
1,028

1,011
1,084


1,241
1,151
1,075
1,044
1,577
1,008
1,127


: Oct. : Oct.
S 1962 : 1961


51.40
28.79
26.85
23.69

22.29
27.99


25.17
24.16
23.15
21.52
20.69
19.75
25.79


HEIFERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER AT SEVEN MARKETS COMBINED 1/
----------------------------------------^--- --------
Number of head : Percent of total : Average weight :Average price in
: by grades (pounds) : dollars per 100 Ib,
Grade
Grade ------------------------------------------
---- ------- -------- Month_ _____________. ___
Oct. Oct. Oct. Oct. : Oct. Oct. t Oct. : Oct.
: 1962 1961 :1962 1961 1962 1961 : 1962 1961


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


2,126
95,787
54,915
4,664
1,280
158,772


3,765
101,021
51,168
6,464
1,360
165,776


1.4
60.3
54.6
2.9
.8


2.5
61.7
31.2
4.0
.8


1,000
946
902
879
956
931


28.14
26.99
25.37
22.17
19.95
26.27


25.78
23.07
22.15
20.47
18.26
22.67


SOLD OUT OF FIRST HANDS FOR SLAUGHTER AT FIVE SPECIFIED MARKETS 1/
STEERS
----------- ^------------ ----------------- _


: Average weight
(pounds)


Market -
------------------------ot___
Month
S OctOc t ct. : Oct. : Oct.
: 1962 : 1961 : 1962 L 1961


: Average price
. in dollars per 100 lb.

--------------
: Oct. : Oct.
: 1962 : 1961


Cincinnati ..........
Indianapolis .........
Fort Worth .........
Oklahoma City ........
Sioux Falls .........



Cincinnati ...........
Indianapolis .........
Fort Worth .........
Oklahoma City .......
Sioux Falls ..........


2,758 2,755 998 1,055
13,865 16,456 1,010 1,060
1,542 1,769 1,009 1,002
964 1,238 1,070 1,061
15,285 16,895 1,078 1,125

HEIFERS


2,684
5,405
512
740
13,219


2,198
4,597
978
1,404
14,361


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


Grade


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


Number of head


26.58
27.04
25.04
26.65
26.73



24.05
25.86
23.74
25.45
25.22


25.21
25.85
22.92
22.89
22.76


21.37
22.77
22.20
22.96
21.94


''''~''--'






WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS
I Cattle Calves : Hogs Sheep and lambs
City or Area Nov.T0 NT. T .10 Nov. Nov. Nov.11 Nov.10 Nov.11
: 1962 : 1961 1962 1 961 1962 J .
;161 *1962 _113_ _*;U IWI_


Boston, New York City Area ....
Baltimore, Philadelphia .......
Cin., Cleve., Detroit, Indpla .
Chicago Area .................
St. Paul- Wise. Areas .........
St. Louis Area ................
Sioux City-So. Dakota Area ....
Omaha Area ....................
Kansas City ...................
Iowa So. Minnesota .........
Lou'1, Evan'l.Nash'l. Mph's ...
Georgia, Florida, Ala. Area ...
St. Jo'ph. Wichita, Okla. City.
Ft. Worth, Dallas, San Antonio.
Denver, Ogden, Salt Lake City .
Los Angeles, San Fran. Areas ..
Portland, Seattle, Spokane ....


11,354
9,558
20,847
14,837
29,979
11,973
35,051
39,166
14,899
35,287
8,000
10,866
21,095
12,523
24,118
29,216
9,481


12,564
9,788
19,926
16,042
53,940
12,715
30,315
36,191
15,581
34,660
7,205
11,018
19,924
12,850
23,908
23,264
9,114


11,121
1,969
3,879
7,774
20,155
1,765

122

10,501
3,628
5,775
921
3,028
72
1,410
265


11,028
1,810
1,515
9,218
24,564
1,790

124

10,493
3,507
4,382
911
3,717
194
854
259


59,160
54,031
158,067
56,576
157,622
86,748
116,566
101,678
48,218
541,351
60,124
50,140
57,800
16,817
19,922
52,678
17,702


Total ..................... 37,757 70,185 1,555,180
328,805 74,346 1,

Accumulation to date .... 14,551,419 2,700,945 49,709,078


45,555
37,912
120,508
38,185
117,496
78,487
118,380
98,024
45,297
319,078
52,514
50,368
57,381
18,795
16,040
27,938
17,852


51,549
4,578
14,754
14,109
20,340
6,457
11,296
18,605

55,268


8,952
51,882
47,857
50,440
6,575


40,095
5,947
6,556
6,437
22,772
5,603
15,208
16,928

42,094


9,514
27,215
55,588
28,602
4,750


280,222
239,590 263,067
11,808,466


14,194,857 2,850,681 48,560,815 12,186,517



ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION

Beef Veal Lexcl. lard)L and mutton : Total Total
Week ended Nm- T N : NIm- : Nu- N : meat lard
I Prod. I Prod. Prod.; Prod. prod. prod.
Sober t r ber ber : Pd ber t prod. prod.
1,000 milo.lb. 1000 mil.lb. 1,000 mil.1b. 1,000 mil.lb.mnil.b. mil.Tb.
243.5 12 9 226 0 14.3 496.7-----


Nov. 10, 1962........
Nov. 5, 1962.........
Oct. 20, 1962 1/......
Nov. 11, 1961 T/......


245.5
232.1

234.9


12.9
15.4

11.9


1,550
1,450
1,473
1,426


226.0
206.8

198.9


14.5
14.1

13.1


496.7
466.4

458.8


m--

45.8
44.6


Percentage change from
Nov. 3, 1962 ........ 4 5 -4 -4 8 9 2 1 6
Nov. 11, 1961 7 4 6 8 9 14 9 9 8 --
,,PIJL'-.16 -*-- -7- 2 -- Jv -- .,.
-AveArage _ght-(-b si wegt( - Lard
t Sheep z Yield
Week ended Cattle Calves Hogs and bs yield
Weekende --- -- -.- -- -- -- -L- -- -- -_-- per
t : : :and l am s : Ir
Live DressedL Live .Dressed. Live .Dressed. Live Dressed. 100 b.
--- --- Ltj9dL Pep; oed I -46-- e ;D: % __


Nov. 10, 1962 ........ 1015
Nov. 3, 1962 ........ 1010
Oct. 20, 1962 1/...... 1000
Nov. 11, 1961 T/...... 1054


1/ Actual slaughter. 2/ Excludes lard.


15.2





CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
-----------------------------------------------------------------
North
Chicago Kansas City Omaha Denver 2 Portland

Classification : Nov. Nov. :Nov., Nov. Nov. Nov. Nov. Nov. :Nov. Nov.
10 11 10 11 10 11 10 11 1 10 o 11
119629 1961 1962 1961 1961 1962 1961 1962 : 1961
Slaughter cattle calves and dealers
S1aughler cattle. calves and vealers


Steers -
Prime

Choice

Good
Standard

Heifers -
Choice
Good
Standard


900-1100#
1100-1300
900-1100
1100-1500
900-1100



700-900#
600-800


Cows -
Commercial
Utility
Cutter
Canner


50.82
52.00
29.65
50.50
27.40
24.98


28.02

25.68


15.50
15.25
15.68
12.20


25.88
26.19
25.12
25.22
23.81
22.06


25.88
--
20.56


15.19
14.25
15.88
11.88


m--

29.48
29.60
26.95
25.80


27.55
25.10
21.55


16.18
15.05
15.00
11.50


25.00
24.50
25.55
21.58


25.88
22.50
20.62


16.05
14.85
14.10
12.85


50.28
31.18
29.28
29.72
26.68
24.08


27.72
24.95
22.50


16.05
14.80
15.42
12.55


25.58
25.50
24.50
24.45
23.12
21.50


25.58
22.08
20.58


15.85
14.82
13.55
12.70


m--

29.05
29.05
26.18



27.55





15.00
15.55
11.85


24.00
25.97
22.56
20.25


25.05

19.00



15.58
14.41
15.19


27.62
27.58
25.62
21.50


26.58
24.50
20.00


15.50
14.50
12.25
10.50


--

25.25
25.00
23.62
21.00


25.88
22.25
19.00


14.62
14.25
12.25
10.12


Bulls Yrigs. excl.
Commercial
Utility

Calves 250-500#
Choice
Good
Standard

Vealers 150-250#
Choice
Good
Standard



Steers 500-800#
Fancy
Choice
Good

Heifers 500-750#
Choice
Good


18.60 17.81 17.25 17.50 17.22 17.38 -
18.60 19.00 17.50 17.75 17.45 17.62 18.00 18.75 19.50 18.25


25.00
21.00
18.75


25.00
25.50
20.50


22.25
20.75
18.75


24.50
22.00
19.00


25.50
21.50
18.50


25.00
25.25
21.00


24.00
22.25
19.75


. 27.50 28.00
S27.00 25.50
. 24.00 22.00


Feeder cattle and calves


26.00


26.12
24.25


29.58
28.50
25.85


26.00
24.25


50.25
28.50
25.75


25.88
24.12


50.00
28.50
24.75


26.50
23.00


24.50
25.25


--
25.00
21.50


- 25.58 25.62 26.25 24.00 25.25 24.50
-- 23.88 20.62* 23.75 20.75* 22.50 20.50*


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

*Medium and Good.


S 32.20 --
50.60)
27.25) 28.12

S 28.50 -
26.65)
- 24.00) 25.25


55.75
52.75)
28.12)


-- 32.50 -- -
30.50) 26.50)
29.00 27.00) 29.25 25..50) 24.00


30.75 --
29.25) 29.00)
25.50) 26.25 25.00)


25.00)
27.25 21.50) 21.00







CATTLE: MONTHLY AVERAGE PRICES
In dollars per 100 pounds
-._ __ ^.- -- -_ -_- ----_ ^ ^ ^- --
: : :North
S Chicago : Kansas City : Omaha Denver : Portland
_-- -


Classification


Steers -


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


Standard

Heifers -
Choice
Good
Standard

Cows -
Commercial
Utility
Cutter
Canner


: Oct. : Oct. : Oct. : Oct. : Oct. t Oct. : Oct. : Oct. : Oct.: Oct.
S1962 : 1961 : 1962: 1961 : 1962: 1961 : 1962 : 1961 : 1962 : 1961
S: e : t : cals :
Slaughter cattle, calves and dealers


50.51
51.65
29.06
29.92
27.21
24.99


700-900# 27.41
600-800 -
23.51


15.72
15.51
14.01
12.72


25.26
25.55
24.59
24.60
23.27
21.58


23.51

20.16


16.06
14.78
14.20
12.76


28.82
29.15
26.51
23.07


27.14
24.81
21.18


16.61
15.45
15.97
12.19


w--

24.66
24.30
25.42
21.26


25.60
22.45
20.29


16.38
15.65
14.65
13.47


29.67
50.50
28.46
28.95
26.05
23.70


26.79
24.35
22.25


16.46
15.35
14.01
12.94


24.87
24.88
25.96
23.99
22.68
21.12


23.05
21.71
20.00


16.24
15.27
14.06
13.12


m--

28.17
28.17
25.58
o--


26.64





15.62
14.51
15.06


--

23.78
235.71
21.82
19.45


25.02

18.44



15.86
14.47
13.56


27.49
27.15
25.65
21.50


25.92
25.95
19.70


15.70
14.88
12.40
10.78


24.88

25.28
20.50


23.62
22.00
18.94


15.56
14.89
15.08
11.47


Bulls Yrlgs. excl.
Commercial
Utility

Calves 250-500#
Choice
Good
Standard

Vealers 150-250#
Choice
Good
Standard



Steers 500-800#
Fancy
Choice
Good

Heifers 500-750#
Choice
Good

Calves -
Steer -
Fancy 500-550#j
Choice "
Good 500-500#1
Heifer 500-500#
Fancy
Choice
Good


18.86 17.33 17.57 17.20 17.56 17.46
18.86 18.26 17.65 17.40 17.44 17.53


25.22
21.46
18.92


25.05
23.50
20.538


21.81
20.30
18.45


24.50
22.00
19.00


25.00
25.25
21.00


18.44 19.11 18.80 18.81


24.00
22.25
19.75


27.60
26.55
25.68


Feeder cattle and calves


25.84


26.08
24.25


29.24
28.05
25.45


25.55
23.61


50.51
28.59
25.536


25.85
25.54


29.59
27.82
24.54


- 25.57 25.12 26.10 24.25 25.22
-- 25.56 20.42* 25.45 20.50* 22.24


- 52.50 -
50.55) 27.7
27.55)

- 28.45 -
26.45) 24 92
25.57)


54.47 --
51.56) 28.41
27.08)

50.50 -
28.15) 26.14
24.95)


25.55
21.60


24.08
22.50


25.51 -
19.95* 20.25


32.06 -
29.92) 28 74
26.46)


28.82) 26.74
24.57)


21.17
18.85


26.25
24.44
21.25


--
23.62
22.58



17.81*


25.75) 24.25
25.00)


22.88) 21.75
21.50)


tMedium and Good.
*Medium and Good.




872
































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HOGS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES I/
-_----------^--- -^ -- ^- _- -- ^ -- -.. ^_
S-S". a : Eight
S: Louis : Kansas: Sioux :S. St. S. St.'Indian-: mkts.
Week ended :Chicago: Nat'l.: it : Omaha :ity Joseph Paul :apolis : com-
I : Stock : bined
S : Yards t : : :
AVERAGE COST Dollars per 100 pounds
Barrows Nov. 10, 1962 16.87 16.64 16.58 16.62 16.55 16.50 16.45 16.94 16.65
and Nov. 3, 1962 16.87 16.71 16.65 16.89 16.68 16.75 16.51 16.92 16.74
gilts Nov. 11, 1961 16.50 16.26 15.74 15.99 15.83 15.97 15.53 16.58 16.05
Nov. 10, 1962 14.52 14.50 14.79 14.65 14.48 14.70 14.42 14.32 14.52
Sows Nov. 5, 1962 14.58 14.64 14.82 14.83 14.60 14.99 14.63 14.49 14.67
Nov. 11, 1961 15.74 14.02 14.02 13.98 14.12 14.25 13.64 14.06 15.94
AVERAGE WEIGHT Pounds
Barrows Nov. 10, 1962 232 251 256 236 234 232 229 229 252
and Nov. 3, 1962 229 227 256 254 256 233 228 230 251
gilts Nov. 11, 1961 224 223 232 230 251 227 227 226 227
Nov. 10, 1962 4355 425 412 439 429 410 418 467 430
Sows Nov. 3, 1962 434 419 415 433 420 414 405 441 422
Nov. 11, 1961 451 417 414 432 421 404 411 460 425
NUMBER OF HEAD -
Barrows Nov. 10, 1962 33005 51356 18404 45573 32305 28144 48557 24716 282058
and Nov. 5, 1962 29572 49980 19467 38489 33782 21660 56283 24685 255716
gilts Nov. 11, 1961 51394 50649 19974 41720 39143 30332 46077 25715 285004
Nov. 10, 1962 3041 4238 1476 5388 3882 2392 6806 3521 30744
Sows Nov. 5, 1962 2294 4173 1461 4236 5880 2062 6177 3391 27674
Nov. 11. 1961 2287 3457 1659 4425 3732 2408 6279 2746 26973


Percentage of total
8 8 7 11 11
7 8 7 10 10
7 6 8 10 9


8 12 .12 10
9 15 12 10
7 12 10 9


1/ Weighted average.

AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG,
COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
Week ended L Hog products 1/ Hog prices 2/ Gross spread
S- : or margin 3/
Nov. 10, 1962 ........... $18.77 $17.20 $1.57
Nov. 5, 1962 ........... 18.55 17.15 1.40
Nov. 11 1961 ............ 18.10 16.61 1.49
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/ : Hog-corn
Week ended : gilts 1/ : No.3 yeTlow : price ratio
SDollars per : Cents per : based on
: 100 pounds : bushel : barrows and gilts


Nov. 10, 1962 ......... 16.87 106.2
Nov. 5, 1962 ......... 16.87 108.6
Nov. 11, 1961 ......... 16.50 108.7
/ Weighted average. 2/ Simple average.


SOWS -


Nov.
Nov.
Nov.


1962
1962
1961


15.9
15.5
15.2






HOGS: AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES 1/
Eight
S : Louis s Kansas: I Sioux :S. St. : S. St.:Indian-: Ikts.
Month :Chicago: Natl.: City Omaha : City Josephs Paul :apolis 2 com-
S : Stock : bined
S :s Yards : : :
AVERAGE COST Dollars per 100 pounds
Barrows Oct. 1962 17.04 16.82 16.75 16.96 16.86 16.78 16.54 17.13 16.87
and Sept. 1962 19.01 18.84 18.73 18.77 18.73 18.71 18.63 19.11 18.82
gilts Oct. 1961 17.18 17.04 16.60 16.74 16.66 16.69 16.53 17.51 16.85
Oct. 1962 14.94 14.87 15.02 15.07 15.11 14.90 14.86 14.87 14.95
Sows Sept. 1962 16.88 16.65 16.94 17.00 16.82 17.04 16.55 16.42 16.76
Oct. 1961 14.95 15.04 15.22 15.28 15.33 15.39 14.97 15.07 15.14
AVERAGE WEIGHT Pounds
Barrows Oct. 1962 227 225 236 232 233 232 227 228 229
and Sept. 1962 222 217 225 224 224 222 220 219 221
gilts Oct. 1961 221 220 229 226 227 225 224 222 224
Oct. 1962 425 411 415 423 415 408 406 442 417
Sows Sept. 1962 391 397 397 405 398 379 389 423 398
Oct. 1961 417 411 411 411 408 392 397 434 410
NUMBER OF HEAD -
Barrows Oct. 1962 129561 232198 88588 192677 147800 122647 196072 123510 1232853
and Sept. 1962 78430 147887 47244 126335 87071 53473 128571 107994 777005
gilts Oct. 1961 128994 212698 76064 172036 151221 106685 175760 119326 1142784
Oct. 1962 13819 19281 6841 23654 18024 12515 28785 13829 136748
Sows Sept. 1962 15628 12263 4289 23611 15353 6013 22823 13347 113327
Oct. 1961 14685 15906 6084 24621 16580 10176 25032 15218 128302
SOWS Percentage of total
Oct. 1962 10 8 7 11 11 9 13 10 10
Sept. 1962 17 8 8 16 15 10 15 11 13
Oct. 1961 10 7 7 13 10 9 12 11 10

1/ Weighted average.

AVERAGE WHOLESALE VALUE OF HOG PRODUCTS DERIVED FROM 100 LB. LIVE HOG,
COMPARED WITH PRICES OF LIVE HOGS, CHICAGO
Month : Hog products 1/ Hog prices .2/ : Gross spread
s or margin 3/
Oct. 1962 ............. $18.68 $17.27 $1.41
Sept. 1962 .............. 20.42 19.10 1.32
Oct. 1961 .............. 18.81 17.40 1.41
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.
T/ Difference between wholesale product value and hog prices.

HOG AND CORN PRICES AT CHICAGO AND HOG-CORN PRICE RATIO
: Barrows and : Corn 1/ : Hog-corn
Month : gilts 1/ : No.3 yeTlow i price ratio
: Dollars per : Cents per : based on
: 100 pounds : bushel : barrows and gilts

Oct. 1962 ........... 17.04 110.2 15.5
Sept. 1962 ............ 19.01 111.0 17.1
Oct. 1961 ........... 17.18 109.4 15.7
1/ Weighted average.









BOSTON WOOL MARKET REVIEW


Prices held firm on greasy domestic worsted
wools and demand was fair for small supplies.
Woolen wools and noils moved slowly but prices
were unchanged as rather limited supplies were
offered.
Buyers were active in the South African
markets for combing types and prices were strong.
Demand continued poor for short wools but there
was no price change. Active buyers in the South
African markets were interests from France, the
United States, Japan and Italy. In New Zealand
good competition was the rule and prices were
steady.
Fleece Wools Trading was very slow in the
fleece wool states. Few lots graded 50/54s sta-
ple wool was sold at about $1.10 clean basis.
Territory Wools In Portland, Oregon at
private treaty as of November 5, the following
sales were reported: Original bag fine wool
$1.27-1.28- clean basis on a core test. Orig-
inal bag I blood $1.18-1.20 clean, also on a
core test. Original bag Alaska and Aleutian
coarse $1.08-1.09 clean, on a core test. Most
wools now sold except some 50,000 pounds of high
quality one-quarter and 50,000 pounds Valley
Oregon lambs.
Texas Wools Fall wools sold at around
$1.00 clean basis and this price is unchanged
from previous week.
Mohair Urgency was lacking for adult and
kid mohair. Few lots of adult hair brought 711
and straight kid mohair netted $1.40-1.50 in
limited sales.
Foreign Wools Spot sales were insignifi-
cant while most foreign wool markets were active.
Prices were steady to mostly strong. Cabled re-
ports at week's end follow with combing wools
converted to clean U.S. oil-combed yields and
short wools to scouring yields, in bond.


Australia
Oil-Combed
61B -$1.19 79B
62B 1.17 432
62AB- 1.13 433
77B 1.18 434
78B 1.15 435
78AB- 1.12


-$1.11
- 1.05
- .97
- .93
- .88


South Africa


Oil-Combed
7 -$1.18
8 1.17
12- 1.16
47- 1.17
48- 1.15
52- 1.15
53- 1.13


Scoured Yields
17-$1.09
22- 1.07
23- 1.04
27- 1.05
28- 1.02
32- .92
33- .91
37- .90
38- .89


New Zealand
Oil-Combed
86 910
93 840
834- 820
100- 800
107- 770
114- 760
121- 750
128- 750


Montevideo Super Skirted Wools
60/64s $1.03-1.04, 60s 980-990, 58/56s 950-960
Carpet Wools Demand was narrow for carpet
wools and trading slow. Prices held firm mainly
in view of rather limited supplies. Greasy New
Zealand fleeces about 740#. Scoured Buenos
Aires November wool offered for about 650/660
for shipment.
Woolen Wools Sales follow:
Scoured Pulled Domestic Noils
60/58s 1f-2" White Semi-Clear Aust. 56s
$1.10 to $1.12 Nobles 71#
Wool Tops Prices were strong and active
trading prevailed. Buyers were mainly aggres-
sive for finer grades. Quotes follow:
Warp Aust. D/C Warp Dom. D/C
70s $1.98 $1.98 N
64s 1.85 1.83 N
62s 1.78 1.78 N
60s 1.70 1.68 N
58/60s 1.65 1.63 N
Oil-Combed Territory Fleece
58/60s -$1.63 $1.61 N
50s 1.56 $1.54
50/56s 1.50 1.54 N 1.52
(N Nominal)

CLOSING FUTURES QUOTATIONS Nov. 8, 1962
(Furnished by the Wool Associates of the New
fork Cotton Exchange)
December Wool Tops $1.695B
March Wool Tops 1.670B
64s grade 2.55" minimum length
December Wool $1.296B
March Wool 1.271B
64s grade 2" average stretched length









WHOLESALE MEAT TRADE REVIEWS


LESS THAN CARLOT MEAT TRADE REVIEW

EASTERN SEABOARD Steer beef sold strong
to $1.00 higher at New York, mostly 500-$1.00
up, while the trend at other markets was steady
to $1.50 lower with some unevenness at Balti-
more, and Philadelphia showing the full decline.
Cow beef 504 higher at New York, otherwise
steady to $2.00 lower. Veal and calf prices
unchanged. Lamb steady to $2.00 lower. Pork
loins steady to $1.00 higher at Washington,
otherwise steady to $4.00 lower, except 12-16's
$1.00 higher at Philadelphia. Other listed
pork cuts steady to $4.00 lower, except fresh
skinned hams steady to $1.00 higher at Balti-
more and New York, while Washington showed
Boston butts steady to $1.00 higher.
Kosher dressed steer forequarters were
fully $2.00 higher at New York, while prices
were mostly unchanged for kosher veal, calf
and lamb.
Supplies of all classes of fresh meat were
normal at Eastern markets except moderate at
Philadelphia. The week's business was cur-
tailed somewhat due to limited operations on
Election day. Trading for beef was moderately
active for the most part with carcass movement
fair, but forequarter cuts outsold hindquarters
and particularly loins and these cuts were
carried in some areas. Chucks and rounds were
short of demand, particularly at New York.
Veal and calf outlet was moderate and prepon-
derance of lower grades met hard going at close
in New York. Lamb opened slow, but turned
moderately active later, with prices mostly
lower at the several markets. Demand for pork
was generally fair, but buyers indicated little
urgency. Some beef hindquarters and veal hind-
saddles were unsold late at Washington.

CHICAGO Steer beef sold 500-$1.50
higher, heifer $1.00 higher, veal, lamb and
listed pork cuts steady.
All classes fresh meat were in about nor-
mal volume. Good and Choice the predominating
grades in beef, carcasses 700# and down offered
most liberally. Bulk supply of lamb 55-55#.
Trading in carcass beef generally moder-
ately active. However, best demand in this
division was for primal cuts. Arm and square-
cut chucks, rounds, and loins found ready out-
lets, chucks as much as $3.00 above last week's


close. Rib trade was rather slow. A slow
veal trade turned moderately active. Lamb
prices went unchanged in a moderately active
trade. For the most part lamb cuts cleared
well. Fresh pork trade generally was slow,
best action on Tuesday.

PACIFIC COAST Carcass steer and heifer
beef moderately active, steady to 500 higher
in Southern California and the Pacific North-
west. In San Francisco trading was slow,
steer beef steady to 500 lower and heifer
mostly steady. Cow and bull beef in very
poor demand, 50 to $1.00 lower in California
and steady to $1.00 lower in the Portland-
Seattle area. Calf held mostly steady. Lamb
was fairly active, steady to 500 lower. Fresh
pork steady to $3.00 lower in a rather slow
trade. Cured pork cuts slow, steady to $2.00
lower other than smoked hams strong to $2.00
higher in San Francisco. Supplies were
generally normal.

CARLOT MEAT TRADE REVIEW

CHICAGO, DENVER, OMAHA, NEW YORK AND
PHILADELPHIA Demand was only fair for near
normal supplies of steer and heifer beef.
Trading was slow early but moderately active
at midweek when prices advanced. Demand
narrowed later and part of the advance was
erased in late trading. Prices on cow beef
declined on normal supplies. Steer beef sold
$1.00-2.00 higher at most major centers ex-
cept at Chicago where the trend was steady
to $1.00 higher. Heifer beef sold 500-$2.00
higher, mostly $1.00-1.50 higher. Cow beef
was steady to $1.00 lower, mostly steady to
500 lower. Clearance was good on beef classes.
Demand was fair and trading moderately
active on below normal offerings of carcass
lamb. Prices were mostly steady with last
week's close except steady to 500 lower at
Philadelphia. Clearance was complete.
Supplies of pork products were fully
normal and trading was moderately active
under moderate demand. Pork loins sold steady
to $1.00 lower at Omiaha and Chicago, pork
butts $1.00-2.00 higher, and fresh hams were
steady to $2.00 higher. Pork carcasses sold
steady to 500 lower at New York and Phila-
delphia. Clearance was good on pork products.






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 : : : *
: Nov. 10: Nov. 11: Nov. 10: Nov. il: Nov. 10: Nov. II: Nov. 10: Nov. 11
___ __ :_ 1962 : 1961 : 1962 : 1961 : 1962 : 1961 : 1962 2 1961


Steer beef -
Prime
Choice

Good

Heifer beef -
Choice


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

500-600#
600-700
500-600


Veal -
Prime 90-120#
Choice 90-120
Good 90-120
Lamb -
Prime 45-55#
Choice 45-55
Fresh pork -
Loins 8-1#
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


51.50
48.50
49.50
46.10
46.60


60.00
49.00
46.50


45.00
42.50
42.00
41.00
41.50


58.00
48.50
43.25


47.38
47.62
45.62
46.12

46.12
46.12
44.12

54.50
51.00
46.50


40.75
40,00
39.50
39.50

39.75
39.75
58.50

53.00
48.00
44.00


44.50
43.50
43.75
42.62

43.25
43.00
41.88



56.00


40.50
39.25
39.50
38.50

39,25
59.00
38.00



51.50


44.00
42.94
42.25
41.75

43.00
42.50


39.62
58.31
38.94
38.19

39.50
38.50


43.80 41.25 42.50 39.25 42.88 38.00 43.81 59.50
43.80 41.25 42.50 39.25 42.88 38.00 43.81 39.50


47.10
36.10
37.50

46.75
48.75


47.88
57.06
58.50

47.00
48.50


49.50 52.50


43.75
55.25
35.50


45.31
52.44
34.00


50.50
41.00
42.00


48.00 53.25
55.50 52.50 --


51.00 51.50


48.75
38.50
42.50


48.00
37.00
39.00


47.00 48.75


51.50 53.50


48.12
37.62
39.00

46.00


47.00 52.75


53.50 32.50 36.25 34.25 35.00 33.00 34.25 34.75
14.88 14.25 15.75 14.25 18.00 17.50 16.12 17.00


BULK PRICES CARLOT BASIS WEEK ENDED NOVEMBER 9, 1962
: PrIe s aTd-FT0 B-. : rTc7dsiTverd -
Classification CEiao -: envir -- M -New-ror T FhIl-dliTa
Sb'Se beif"-- -


Good


Heifer beef -
Choice

Good


Cow beef All weight
Utility
Canner and Cutter
Lamb -
Prime 55-4


Choice


Fresh pork -
Loins


46.00-46.50
46.00-46.50
46.00-46.50
43.00-44.00
43.50-44.50
43.50-44.50

44.50-45.00
44.50-45.00
43.00-43.50
43.00-43.50

27.50-28.00
26.75-27.25

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


44.50-45.50
45.00-45.50
45.00-45.50

41.00-44.50
41.00-44.50

43.25-44.50
45.75-44.50
42.50
42.50


45.50-46.00
45.50-46.00
45.50-46.00

44.00-45.00
45.00-44.00

44.25-44.75
44.25-44.75
42.50-42.75
42.50-42.75


28.00 27.00-27.50
-- 26.00-26.50


37.00-39.00
37.00-39.00
37.00-39.00
37.00-59.00
37.00-39.00
37.00-39.00


38.50
38.50
38.50

40.75


47.50-48.50
48.00-49.00
48.00-49.00
44.50-46.50
45.00-47.00
45.00-47.00


47.50-48.00
48.00-48.50
48.00-48.50
45.00-46.00
45.50-47.00
45.50-47.00


- 46.00-46.50
-46.50-47.00



-- 27.50-30.00
- 26.50-27.00


41.00-42.50
41.00-42.50
41.00-42.50
41.00-42.50
41.00-42.50
41.00-42.50


41.00-41.50
41.00-41.50
38.00-39.00
41.00-41.50
41.00-41.50
38.00-39.00


- 43.00-43.50


Good


Choice


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

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


3ts -


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

8-12#k


41.50


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THE LIVESTOCK AND MEAT SITUATION
Approved by the Outlook and Situation Board, November 6, 1962
SUMMARY

The outlook for 1965 is for cattle and hog prices to average slightly below this year but
for lamb prices to average a little higher. Cattle marketing will increase in 1963 and, because
of the upward trend in the demand for beef, likely will more than offset any decrease in price.
Therefore, cash receipts from the sale of cattle and calves probably will be up from receipts
this year. Cash receipts from hogs, and sheep and lambs in 1963 are expected to be about the
same as for this year.
Cattle slaughter this year is about 2.5 percent above last year's slaughter. However,
domestic beef production is up only about 1 percent due to a drop in the average dressed weight
per head slaughtered. A strong demand for beef resulted in imports of processing beef rising
slightly from a year ago and also lowered domestic cold storage holdings of beef. Total civilian
disappearance of beef will set a new record of about 16.3 billion pounds. Per capital consumption
in 1962 is expected to be about 89 pounds -- about a pound above consumption per person last
year.
An increase in the size of this year's calf crop, along with a slight decrease in calf
slaughter, and imports of live cattle only slightly below last year, is expected to result in an
increase of about 2.5 million head in the cattle and calf inventory. Cattle numbers are ex-
pected to exceed 100 million head for the first time in history, with an inventory of about 102
million head in sight for January 1, 1963.
Cattle slaughter and beef production are expected to increase in 1963. Imports of process-
ing beef may decline somewhat from this year's level, but the total supply of beef is expected
to be large enough to enable per capital consumption to increase by about a pound.
Factors expected to exert downward pressure on cattle prices are: (1) Increased beef pro-
duction; (2) increased supplies of pork and poultry; and (5) an increase in the farm to retail
price spread. Factors which will be price-strengthening in their effect are: (1) Increased
population, (2) a continuation in the upward trend in consumer preference for beef, and (5) some
increase in per capital disposable income. However, the increase in demand may not be sufficient
to offset the factors working toward lower prices. Therefore, cattle prices in 1963 may average
slightly lower than for this year.
Fed cattle prices in 1963 are expected to continue above year-earlier prices until mid-
winter but likely will average below 1962 prices from then through spring. Prices for slaughter
cows probably will increase in the late winter and spring but may hold slightly below this year's
average price.
A 2 percent decline in this year's spring pig crop is providing less pork than a year ago,
particularly in the last quarter of this year. For all of 1962, however, pork supplies from the
4 percent larger fall pig crop of 1961, along with slightly larger imports and increased con-
sumption out of cold storage holdings will increase the per capital consumption of pork about 3/4
of a pound from the 62.2 pounds consumed last year.
A strong summer demand for meats pulled hog prices above a year earlier in mid-June, and
prices have averaged above a year earlier since then. However, because of the extent to which
prices were below year earlier for the first half of this year, the average price received by
farmers for 1962 is expected to be about 20 cents per hundredweight under the 1961 average of
$16.60.
Per capital consumption of pork is expected to increase by about 5/4 of a pound again in
1963. The 1962 fall pig crop is probably about 2 to 5 percent larger than last fall, and
producers in 10 Corn Belt States have reported intentions to increase farrowings in the first
half of the 1963 spring crop by 4 percent. Hog prices probably will be below this year through-
out most of 1965 with the average price received by farmers declining moderately from this year.
Sheep and lamb slaughter will total about 16.7 million head this year. This rate of
slaughter probably will bring about a reduction of sheep and lamb numbers about equal to the 1.5
million head decline in 1961. The January 1, 1963, sheep and lamb inventory probably will be
near 50 million head and the lowest year beginning inventory since 1950.
Per capital consumption of lamb and mutton this year will be down slightly from the 5.1
pounds consumed per person in 1961. A greater decline in lamb and mutton consumption is in
prospect for 1963. With sheep and lamb numbers next year at one of the lowest levels of record,
moderately higher lamb prices are in sight for 1963. The greatest improvement in lamb prices,
relative to this years price, probably will be during the first quarter. Lamb slaughter during
the January-March quarter was high this year, reflecting slaughter of a large number of lambs
out of the stock sheep inventory. A repeat of this situation is not expected next year. Prices
for early spring lambs are also expected to be improved somewhat next year.
Economic Research Service.






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


OFFICIAL BUSINESS

Form AMS-11/14/62
Permit 1001.


University of Florida
Documents Librarian
11-4-59 The University LibrarLes
LS-CLS GainesvLlle, Fla.


SHEEP AND


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


Classification


: :Kiansas : Fort :: North
:Chicago: Omaha :City : Worth :Denver : Ogden : Portland
- :- -- -- -- -


SIAMGrI ER IAMBS: (Wooled)
Prime Nov. 10, 1962
Nov. 11, 1961
Choice Nov. 10, 1962
Nov. 11, 1961
Good Nov. 10, 1962
Nov. 11, 1961
EWES: (Wooled.) 90-150#


Good
Good


Utili
Cull &
Cull


Nov. 10, 1962
& Ch. Nov. 11, 1961
ty Nov. 10, 1962
Util. Nov. 11, 1961
Nov. 10, 1962


80-110#
19.75
17.25
18.50
16.66 -
16.75
15.28


5.00
4.68*
5.25
4.68*
4.50


-- 19.52
16.90 17.02
19.45 18.60
16.18 16.58
18.08 17.35
14.80 15.35


5.38
4.38
6.00
4.12
4.50


-- 21.35 19.75 19.50


17.15
16.00
16.45
15.00


17.81
20.37
16.91
18.88
15.72


16.56
19.38
15.84
18.25
14.81


15.50
18.75
15.54

14.50


4.50 6.75 7.22 6.50 4.75
4.00 6.00* 5.25* 4.75* 4.50
5.50 6.00 6.62 6.00 5.00
5.25 5.00* 4.51* 5.75* 4.00
4.25 5.50 5.62 4.75 4.00


FEEDER LAMBS: (Wooled) 60-80#
Fancy Nov. 10, 1962
choice Nov. 10, 1962
Good & Ch. Nov. 11, 1961


-- 18.50
-- 16.75
-- 14.00


-- 19.50
-- 18.38
-- 11.62 15.81


Good Nov. 10, 1962 -- 14.50 -- 12.00 16.58 16.00
*Shorn basis.


UNIVERSITY OF FLORIDA

III IIIII Ii IIHI IIIlllllllll I II11111
P 3 1262 08506 9895
U. S. ,-.k uw.J u vj. agruCLLuure


18.00
17.25
13.75


16.97
16.50
12.81