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. 29, No. 46


November 14, 1961


Week ended November 11


'Livestock Market Reviews * *. .
Livestock Market Receipts . .
Stocker and Feeder Statistics . .
Estimated Percentage of Stocker and Feeder
Cattle and Slaughter Cows in Salable Receipts


Steer Sale Statistics . .
Heifer Sale Statistics .
Slaughter at Major Centers .
Estimated Slaughter and Meat Production .

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

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


Special to this issue


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Livestock Prices and Composite Meat Values, Oc
Sheep and Lambs on Feed, November 1, 1961 .
Stocker and Feeder Shipments From 10 Markets,
United States Exports of Meats, September 1961
United States Exports of Livestock, September :


Page
858
861
861

861

862
863
864
864

865
867
868
869

870
871
872




869
875
874
875
875


sal..VA.I






MIDWEST LIVESTOCK REVIEW

and

RANGE AND FEEDLOT SALES


The week's trend on slaughter steers and
heifers although uneven was generally steady
to 25# lower at most Corn Belt terminals. How-
ever, at Chicago steers advanced 25-75# and
heifers were steady to 254 higher at Chicago and
Sioux City. Liberal run of cows declined
254-1.00. Feeder cattle and calves were
largely steady. hog prices closed steady to
504 lower at most terminals but were steady to
25 higher at eastern Corn Belt centers and in
Interior Iowa-So. Minn. Slaughter lamb prices
were 500-4l.00 lower at most points.

SLAUGrTER CATTLE AND CALVES Salable
cattle receipts at the 12 markets were practi-
cally the same as the previous week. The
consist showed only moderate change except for
the increase in slaughter cows, the supply of
which at some points reached a seasonal peak.
The 12 market cattle supplies were 13 percent
above the corresponding 1960 week, one of the
few times in recent months that receipts have
exceeded the same period a year ago.
Slaughter steer price trends were uneven,
but in general were steady to 25# lower aside
from the 25-75# advance at Chicaro. Heifers
sole steady to 25# higher at Chicago and Sioux
City, but were steady to 250 lower at other
markets. Slaughter cows were under severe
downward pressure at all points and finished
25t-41.00 lower and generally at a low for the
year. Bulls were steady to 504 lower, while
vealers held steady at St. Paul and St. Louis.
Slaughter steers: About a dozen loads
Prime 1175-1350# cashed at $26.75-27.00 in
Chicago, the latter price for 6 loads equal-
ing the highest paid since last May. Choice and
Prime 950-1450# steers bulked at $24.50-26.50
in Chicago, Prime 1500-1550# *25.00-25.75 with
loadlots Choice and mixed Choice and Prime
145C-1650# $23.50-25.00. At other markets
scattered loads and lots of high-Choice and
Prime sold at $25.25-26.00, Choice bulking at
$23.75-25.25, Good $21.50-24.25, mostly $21.50-
23.75.
Slaughter heifers: Bulk Choice heifers
$22.75-24.00, a few high-Choice and Prime
reaching $24.75 at St. Louis, most Good $21.50-
23.00.
Slaughter cows: Utility and Commercial
cows cashed from t35.50-16.00, Canner and
Cutter largely $11.00-14.00.

FEEDER CATTLE AND CALVES Although large
volume fall marketing in past years often
have neared completion by mid-November, receipts
of feeder cattle and calves at terminal
markets during the week under review were only
moderately below the previous week and, for the
first time in several months, were moderately
larger than the sane week a year ago. Good and
Choice grades predominated with moderate numbers


of Choice and Fancy. The price margin between
feeders and slaughter cattle this season has
been less than a year ago. However, abundant
feed supplies, desire for cattle to glean corn
fields and generally good weather conditions
continued to motivate a widespread demand.
Thus, while trading at times was only moder-
ately active, prices at midwest markets for the
the most part were maintained on a steady basis.
Principal exception was on calves which occa-
sionally sold weak to 504 lower.
Feeder steers: Few loads Choice and Fancy
775-825# $24.50-25.00; bulk Good and Choice
800-1050# $22.00-24.25, few Good 1000-105Q#
$21.00. Medium and low-Good 750-950# bulked at
$20.00-22.00. Good and Choice 525-750# brought
$23.00-26.25, few loads Choice 826.50-27.00;
six load string 615# included at $27.00. Medium
and mixed Medium and Good 500-750# sold largely
from $20.00-25.50.
Feeder heifers: Good and Choice 525-750#
ranged $21.00-24.75, most sales $24.25 down.
At Sioux City five loads Choice 727# brought
$24.00.
Feeder calves: A fairly liberal number of
Choice and Fancy 300-450# steers brought $51.00-
54.00, few loads $34.50-36.00 and a part load
339# $37.00. Other steers of Good and Choice
grades ranged C24.00-30.50. Choice and Fancy
525# rated $50.00. Good and Choice heifers
brought $22.50-28.00, few loads Choice and
Fancy C28.50-30.75.

HOGS Terminal markets Receipts con-
tinued liberal although the increase was only
fractional as compared with the preceding week.
Following recent sharp price downturns, there
was another dip on Monday, but prices rallied
sharply the following two days, only to decline
again at most points on Thursday and Friday.
Compared with the previous week's close, late
sales on barrows and gilts were steady to 50#
lower at most western Corn Belt markets, but
steady to 25# higher in the eastern part of the
area. Sows were generally steady to 25# lower.
Barrows and gilts: No. 1-3, 190-250
brought $15.75-16.25 at most Corn Belt termi-
nals west of the Mississippi, with consignments
No. 1-2 $16.00-16.50. Most No. 1-3, 190-240
at eastern Corn Belt centers sold at $16.25-
16.75, No. 1-2 $16.60-17.00.
Sows: No. 1-5, 270-40Q0 $13.75-15.75,
400-600# $12.50-14.50.
Feeder pigs were steady to 504 lower, Good
and Choice 150-16Q0 offerings $14,50-15.25 at
Sioux City and at St. Paul.
Average cut-out value advantage of U. S.
No. 1 over No. 3 live basis 200-220# barrows
and gilts was 89# per cwt. based on wholesale
carlot prices of fresh pork cuts at Chicago
November 2 to November 8, 1961 inclusive.
Hogs Interior Iowa-Southern Minnesota





859


area receipts at 308,000 head were 51 percent
less than the liberal supply of the previous
week and about the same as the corresponding
week last year. A price decline on Monday re-
duced prices to the lowest level in more than
a year, however, later advances more than
erased the downturn and Thursday's sales on
barrows and gilts were steady to 250 higher
than the previous Friday. Sows comprised about
7 percent of receipts and sold 15-250 higher.
On Thursday, U. S. No. 1-3 200-240#
barrows and gilts sold at $15.25-16.00 and
moderate volume No. 1-2 $15.75-16.25. U. S. No.
1-3 270-400Q sows brought $13.75-15.65; 400-
550#Y mainly $12.50-14.25.


some with short haul and 5 percent shrink. All
sales for iinediate delivery unless specified.

ARIZONA, CALIFORNIA, NEVADA AND UTAH -
Slaughter steers and heifers moderately active,
mostly steady, limited sales of feeder cattle
and calves steady, slaughter lambs steady, in-
stances 250 lower.
Slaughter steers: In California, 16 loads
mostly Choice 900-1025# $24.50-24.60. Califor-
nia and Arizona, bulk Choice 950-11UOC $23.60-
24.251 same grade 1100-1260# $23.25-24.00; Good
and mixed Good and Choice 850-1150# $22.75-
23.50, including several loads in Arizona for
delivery up to mid-December.
Slaughter heifers: Few loads mostly Choice


SHEEP AND LAMBS Receipts at the 12 termi- 725-900# $23.25-23.65; Good and Choice 750-900#
nals numbered 116,000 head, 11 percent above a $22.50-25.00.
week earlier and 52 percent more than last Feeder Cattle and calves: Choice and Fancy
year. Wooled slaughter lambs predominated re- 350-51Q#,steers $26.00-27.00, heifers $23.75-
ceipts at most terminals, feeder lambs were de- 25.00. Choice 590-600# yearling steers $24.00;
creased in overall percentage. Fairly broad Good and mostly Choice 700-800# steers $22.00.
slaughter lamb marketing along with sharply Good to mostly Choice 565-625# heifers $21.50.
lower dressed prices were influential factors Slaughter lambs: California,12 loads mostly
on the live market and for the week, slaughter Choice, end Prime, shorn 95-105.1 No. 1 and fall
lambs were 50O-51.00 lower,. instances $1.50 shorn pelts $16.00-17.00, bulk $16.50-17.00.
off. Slaughter ewes were steady to 50# higher. Utah, 1,500 Choice and Prime 98-1053 wooled
Feeder lambs were steady to 25f higher. $16.50-17.00. Arizona, 1,800 Choice and Prime
Slaughter lambs: Closing sales of Choice 100l wooled $18.00.
and Prime 84-118i wooled $16.00-17.00, Good Feeder lambs: Nevada, 2,000 Choice 77#
and Choice 79-115# $14.50-17.00. Choice and $14.00.
Prime 88-1081/ shorn with No. 1 and fall shorn
pelts $16.00-16.50 late, Good and Choice 85- COLORADO, SOUTHERN WYOMING, WESTERN KANSAS
107# No. 2 to fall shorn V14.50-16.50. AND WESTERN NEBRASKA Trading on slaughter
Slaughter ewes: Cull to Choice wooled and cattle moderately active. Slaughter steers sold
shorn $2.00-5.50, fully steady with slaughter heifers steady to
Feeder lambs: Choice and Fancy 60-80# 25f lower.
$13.00-15.00 at most markets; loadlots Choice Slaughter steers: In Colorado, 47 loads
and Fancy 75-78/ at Denver $16.50-16.70 early. average high-Choice, few loads carrying some
Good and Choice 45-8Q# $10.00-14.25. Prime 1025-1300? $24.65-24.85; 110 loads Choice
Breeding ewes: Good and Choice yearling 1000-1275# $23.75-24,501 8 loads high-Good to
to three-year-old $7.00-13.00, short term and mostly Choice 1075-1200Q $23,.25-23.75; 2 loads
solid mouth $5.50-7.00., Standard and Good 1250# $20.50.
Sheep and lamb receipts in the Interior Slaughter heifers: Colorado, 55 loads
Iowa-Southern Minnesota area at 20,900 head average to high-Choice, few Prime, 875-1000#
compared with 23,300 moved a week ago and 19,900 $23.65-23.75; 37 loads mostly Choice 825-1000#
a year earlier. Slaughter lambs were weak to $23.00-23.50; 2 loads high-Good and Choice
$1.00 lower mainly 500 off. Slaughter ewes $22.25,


were steady. Wooled lambs represented around
65 percent of receipts.
Slaughter lambs: Choice,few Prime 85-C10)#
wooled delivered to packing plants $16.00-16.50,
few shipments high-yielding $16.75-17.25; Good
and Choice $15.00-16.25. Choice end of Prime
85-UC0# shorn No. 1-2 and fall shorn pelts
$15.50-16.25 with large share $16.00; limited
showing high-yielding selected lambs $16.50-
16.75. Good and Choice $14.50-15.75.
Slaughter ewes: Cull to Good wooled and
shorn $2.00-3.50,few $4.00.

RANGE AND FEEDLOT SALES

Note: Shrink on most range and feedlot
sales none to 5 percent, mostly 4 percent f.o.b.


Feeder cattle and calves: Trading slow,
the few sales confirmed made at fully steady
prices. Western Nebraska, Choice and Choice to
Fancy 625-800Q steers $24.00-26.00. Choice and
Choice and Fancy 450-49Q0 steer calves t29.50-
31.50, few Choice and Choice to Fancy 400-450#
heifer calves $27.50-28.50. Western Kansas,
Good to mostly Choice 700-765# steers $23.00-
23.50. Good to mostly Choice 585-745,# heifers
$22.65-23.00. Colorado, 2 loads mostly Choice
590? steers $24.00, heifer mates $22.00. Choice
375-46Q# steer calves $27.50-30.00, heifer
mates 350-425# $25 .pW27.00.
Sheep and lambs: Slaughter lambs 50-754
lower. Colorado Choice and Prime 95-105d
slaughter lambs $17.25-18.00. Few loads 100-
105# Choice and Prna shorn with No. 1 and 2




860


pelts f16.50. Good 4 to 5-year-old breeding
ewes $10.00 per head; S loads Utility to Good
110-130I slaughter ewes $3.00-3.50, load Good
1104 85.00. Western Nebraska, 3 loads Choice
and Prime shorn slaughter lambs with No. 1 and
2 pelts 98-1047 $16.25. Wyoming, around 2,200
Choice 70-72# feeder lambs $14.50.
Wool: Wyoming, approximately 160,000'
bulk fine good French combing staple wool sold
at 38.75S grease basis. Colorado, 73,000#
scoured shorn bulk 58/60B average 22 inch good
color delivered Boston 31.14.

NEW MEXICO, WEST TEXAS, WESTERN OKLAHOMA,
SOUTHWESTERN KANSAS Clovis Area Rather
limited supply Good and Choice slaughter cattle,
demand broad, prices firm. Fall delivery feed-
ers nearly complete, current transactions
limited at steady prices.
Slaughter steers: 200 Choice 1325# $24.00;
240 mostly Choice 1075-1175# $24.00, 450 Good
and Choice 1000-1075# $23.50-24.00; 30 Good
875# $23.00.
Slaughter heifers: 80 Choice 1050# $23.00;
120 Good and Choice 900#C $22.90; 710 Good,
Standard end, 650-840# $23.00-23.25; load
Standard 70CW $21.75.
Feeders: 60 Choice 875# steers $22.50;
450 Choice 6704 $23.00; 340 Good and Choice
623-75C0 $22.50-23.25; 150 Medium 64C0# 17.50;
2 loads Choice 525# $25.00; 400 Choice 625#
heifers $25.00; load Good and Choice 600C
$22.00.
Feeder calves: 100 Choice 4350# steers
$30.00; 185 Choice 400-440#Q, steers $28.00,
heifers $26.OC.
Stock cowst 400 Medium and Good $14.00.
lambs: Trading moderately active, prices
fully steady, instances 250 higher on feeders,
slaughter ewes 500-41.00 higher. About 2,800
Choice 98-104# No. 1 pelt shorn slaughter lambs
$14.50-15.00. Feeders, 400 Choice and Fancy
75# wooled $13.75; 4,000 Choice, Fancy end,
70-80# cooled $13.00-13.50; 2,100 Choice 70-
78# No. 1 pelt shorn $11.50-12.00.
Slaughter ewes: New Mexico, 1,400 Cull to
Good 100-115# $4.50-5.00. Texas, 1,600 Cull
to Good 100-105-Y $5.00-6.50.
Amarillo Area Slaughter cattle steady to
25f higher, stockers and feeders fully steady.
Slaughter steers: 160 Good and Choice
1150# $24.00, few out at $21.50.
Slaughter heifers: 312 mostly Choice 915-
94Q0 $23.40-23.50; 260 Good and Choice 775-
906# 823.00-23.25, few out at t22.00.
Feeders: 1,000 mostly Choice 740-800#
steers 123.00; 225 head 675-700#i January de-
livery $23.00; 570 mostly Choice 550d $25.00;
490 Good and Choice 600-65C0 $22.50-24.00;- 330
Good and Choice heifers $22.50-23.00; 205 Good
625# heifers January delivery $21.85.


Feeder calves: 214 Choice 489-612J steers
A26.00-27.00; 75 Choice 586% heifers $24.50.
480 Good and Choice 400-455#, steers $26.50-
27.50, heifers 824.50-25.00.

IDAHO, OREGON AND WASHINGTON Slaughter
steers and heifers steady to 500 higher. Limited
number feeders selling direct at steady prices.
Slaughter lamb trading slow, steady except for
500 decline in Idaho.
Slaughter steers: Washington, high-Good
to mostly Choice 1020-115CW 24.50-25.00,Choice
1400-1500d 923.50, Good 1000-1050%/ $24.00.
Oregon, mostly Choice 1000-1055Qi 25.75-26.00
delivered. Idaho, mostly Choice 1000-1100Q
$24.25-25.00.
Slaughter heifers: Washington and Oregon,
Good and Choice 870-100CW 923.00-24.00.
Feeders: Oregon, Good and Choice 600-850#
steers $22.00-23.50, Good and Choice 625# heif-
ers $23.00.
Slaughter lambs: Oregon and Idaho, Choice
with some Prime 100-104# with No. 2 pelts de-
livered California $17.25, Choice and Prime
100-114# wooled $16.00-16.50, Choice and Prime
shorn with No. 1 pelts $15.00-16.00.
Slaughter eams: Idaho and Oregon, Cull to
Good $4.00-5.50.
Feeder lambs: Idaho and Oregon, mostly
Choice with Fancy end 80-95# $13.50-15.00.

MONTANA AND NORTHERN WYOMING Direct
trading on cattle and calves continued slow,
with a slight increase in activity on feeder
calves. Delivery of previously contracted
cattle nearly complete. Limited sales of feeder
cowse and calves fully steady. No sales were
confirmed on other classes of cattle. Trading
also slow on sheep and lambs, few sales feeder
lambs and breeding ewes steady.
Stock cows Northern Wyoming, around 400
750-l00C0# 12.00-15.00.
Feeder calves: Montana, scattered sales
mostly small lots totaling 700 mostly Choice
325-400#, steers $26.00-29.00, heifers $24.00-
27.00. Northern Wyoming, few sales totaling
1,500 high-Choice and mixed Choice and Fancy
525-400, O steers $30.00-32.00, heifers $28.00-
30.00. Sales totaling around 1,000 Choice 350-
400#, steers $28.00-29.00, heifers $26.00-27.00.
Feeder lambs: Eastern Montana, couple
sales totaling 400 Good to mostly Choice 80-90Y
$13.50-13.75, delivered. Northern Wyoming, few
lots totaling around 1,000 Good and Choice 70-
80o $13.50.
Breeding eves: Northern Wyoming, 1,100
Good and Choice around 110-130# yearlings
$17.00-18.00 per head.





861
WEEKLY RECEIPTS OF SALABLE LIVES STOCK AT 12 PUBLIC MARKETS
Cattle Calves Hs Sheep and lambs
Market : Nov. 11 H Nov. 12 :Nov. 11 :Nov. 12 :Nov. 11 Nov. 12 tNov. 11 2Nov. 12
t 1961 : 1960 t 1961 2 1960 : 1961 : 1960 : 1961 : 1960
Chicago ....... 56,457 34, 23 242 405 36,993 33,799 5,874 3,940
Cincinnati .... 3,833 5,551 514 577 11,678 10,616 1,425 1,125
Denver ........ 12,491 9,420 3,893 725 4,500 4,423 23,521 10,571
Fort Worth .... 8,803 10,147 1,741 1,987 1,507 1,751 8,038 4,663
Indianapolis .. 7,799 6,168 424 702 50,500 27,550 5,545 2,714
Kansas City ... 24,250 21,519 5,991 2,358 21,945 14,075 5,799 2,095
Oklahoma City 11,992 9,615 4,044 2,426 5,908 2,555 1,147 759
Omaha ......... 35,715 54,824 6,152 2,965 48,452 36,464 12,844 10,412
St. Joseph .... 16,745 15,453 861 944 55,921 21,902 5,947 5,664
St. Louis NSY 15,570 13,963 1,827 2,515 54,243 49,788 5,893 5,812
Sioux City ... 34,5538 51,252 14,271 4,825 44,993 32,510 9,985 8,918
S. St. Paul ... 29 704 20,450 13,935 12,027 69,501 57,825 31,884 25,810
Total ....... 237,677 210,463 51,895 32,456 361,921 293,236 1125,698 76,261
"Nov.4 61 258,149 50,150 348,601 103,986
INTERIOR IOWA AND SOUTHERN MINNESOTA Nov. 11, 1961 Nov. 4, 1961 Nov. 12, 1960
Hogs ...... 308,000 448,000 305,000*
*Revised. Sheep ..... 20,900 25,300 19,900*
-R-e--s-ed- ------- ------- --S- --L- -- ----- -- ---------- -----
STOCKER AND FEED CATTLE: AVERAGE COST. WEIGHTI AND NUMBER
t Week ended I Month I Four months
Nov. 9 Nov. 2 'Nov. 10 2 Oct. 7 Oct. r Yu -Oct.
-1961 1I961 : 1960 J 1961 1960 1 1961 1960
Steers 1001# up ......... 475 530 465 2,021 2,294 6,514 8,087
901-1000 .....l... 1,996 1,950 1,511 9,740 9,075 51,174 50,309
801-900 .......... 4,685 4,977 4,228 25,175 22,504 71,002 68,252
701-800 ......... 6,068 8,806 7,172 49,428 49,404 114,529 121,416
501-700 .......... 11 808 15, 941 1 952 87,051 100,015 219,144 260,623
Total steers 10 markets.... 25,030 50,184 27,328 171,415 183,288 442,565 488,687
Av. wt. ... 715/, 719/ 705# 706** 700# 710# 703#
Av. cost* .... $23.64 ?23.34 $22.52 .23.28 $21.95 $22.89 !21.64
Chicago ...... 25.73 22.92 23.'3 25.15 22.87 22.73 22.82
Kansas City... 22.91 25.10 22.21 22.97 21.59 22.74 21.32
Omaha ........ 24.92 24.66 25.97 24.57 23.51 24.04 23.05
n n S. St. Paul... 20.32 21.45 21.17 21.40 21.48 20.98 21.19
Sioux City.... 24.68 24.33 23.50 24.06 23.00 25.71 23.02
S Denver ,,,,... 24.55 23.85 25.01 23.92 22.75 25.61 22.58
S a Ft. Worth .... 21.69 22.16 20.29 22.01 19.55 21.98 19.84
S Oklahoma City. 22.57 22.27 20.18 22.14 19.67 21.88 19.78
S' S. St. Joseph, 22.25 22.60 21.25 22.52 20.22 22.42 20.58
St. Louis NST. 21.83 21.06 20.44 21.51 20.05 21.78 20.59
Total calves 10 markets.. 41,295 46,304 29,573 154,446 155,828 292,514 344,560
" heifers .... 4,187 5,609 4,385 29,540 32,887 82,285 87,858
* cows .... 2,935 2,708 2,088 9,541 6,458 18,628 14,994
Not adjusted for differences in grade of cattle sold at each market. **Revised.

ESTIMATED PERCENT OF STOCKER AND FEED CATTLE AND SIAUGHTE COWS IN SALABLE RECEIPTS
t I -- St. -8 -3 S t -,-l-- -- -
Sd Chi- nS. St, Sioux S.St.Indian-Dn- Ft. Okla. Wich-t San
agWeek ended SoJoseph Lu1iS City Paul apolis ver Worth City ita Antonio
S *City 2 iNSYt t t I
Stockers and feeders
Nov. 10, 1961 2 55 18 14 12 56 20 12 45 75 76 54 40
Nov. 3, 1961 5 50 24 20 15 58 20 14 45 70 76 67 55
Nov. 11, 1960 3 51 20 17 12 44 15 8 25 70 69 60 60
0---. 0----------------------------- ------ ------
Slaughter cows
Nov. 10, 1961 5 10 10 9 15 6 15 15 20 15 10 19 20
Nov. 3, 1961 5 9 7 6 13 5 15 12 15 20 15 18 15
Nov. 11, 1960 5 11 11 9 20 7 25 14 28 15 15 15 15
--- --- -------------------------------------------------- ----------------------------------------------o -----








STEERS SOLD OUT OF FIRST HANDS
ber of Percent of total
S Number of head I


FOR SLAUGHTER l
SAverage weight Average price in
I \ ) l .. 0 l


Grade


Prime .....#**
Choice..,,,,,,,
Good..,...,....
Standard....,,,
Commercial.....
Utility...,.,.,
All grades.....

Prime.,,,,***,.
Choice.........
Good..,.,...***
Standard.**..**

All grades...,.

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

Prime.... .....
Choice.........
ood...**......
Standard.......
Commercial.....
Utility.....*..
All grades.....


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


Prime ..... ....
Choice...******
Good..0.*..*...
Standard.....* o
Utility. o ..
All grades.....


I gra J a u \YSuu& u | UU LLr per Juu Ju.
S Week ended
, Nov. 9 -Nov. 10 ~Nov. 9 3 Nov. 10 Nov. 9 Nov. 10 Nov 9 9 1Nov. 1
: 1961 s 1960 s 1961 s 1960 s 1961 t 1960 z 961 s 1960
CHICAGO


4,274 5,555 16.8 15.7 1,240 1,224


16,661
5,955
302
25
221
25,416

297
8,675
4,579
503
127
13,981

752
6,607
4,290
421
41
12_ 111

40
1,786
3,230
599

193
5,848


16
1,581
2,484
866

102
5,049


178
3,185
5,094
275


65.6
15.5
1.2
.0
.9


2.1
62.1
31.5
3.6
.9


67.2
15.6
1.1
.2
.2


OMAHA
1.7
57.8
36.9
5.1
.5


15,268
3,536
250
45
49
22,705

251
7,646
4,891
407
65
13,240

124
5,927
5,817
312
34
10,215

80
2,351
2,437
309

68
5,245



632
2,551
675

144
4,000


.3
31.5
49.2
17.2

2.0


15.8
63.8
16.8

3.6


28 2.6 .5
2,550 47.3 41.6
3,226 46.0 52.7
319 4.1 5.2
fts rome


1,154
1,100
989
1,309
1,090
1,158

1,209
1,154
1,090
1,094
986
1,119

1,215
1,150
1,092
1,056
1,023
1,130

1,254
1,141
1,081
1,040

1,051
1,095


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

1,029
1,049


1,167
1,117
1,074
1,072

1,097
1,097


1,162
1,122
976
1,410
972
1,164

1,180
1,141
1,097
1,095
1,055
1,123

1,186
1,143
1,116
1,080
970


1,097
1,128
1,128
1,091

1,074
1,125



1,078
1,059
974

962
1,044


1,074
1,131
1,096
1,058

1.108


SIOUX "CIT
6.2 1.2
54.6 58.0
35.4 37.4
5.5 3.1
.5 .5


.7 1.5
30.6 44.8
55.2 46.5
10.2 5.9

5.3 1.3

3 7 m" bf Ims m


6,730 6 12 -
------- -


Prijme.......... -
Choice..,...... 1,150 890 62.2 68.8 1,128 1,188
Good........... 699 359 37.8 50.6 1,116 1,150
Standard.. ...* 7 ,6 1,056
Utility... o.. -
All gradea..... 1,849 1,295 1,124 1,170

/ Data collected by Statistical Reporting Service, and Ltwestock Divisi


25.96
25.08
24.05
22.05
23.25
20.55
25.01

25.29
24.51
25.18
21.00
19.85
25.85

24.90
24.14
25.22
21.60
20.29
23.79

24.64
24.56
23.48
21.97

19.67
25.56


25.7B
24.95
25.62
22.11

19.76
25.71


25.22
24.29
25.28
20.87

25.75



24.00
25.54


23.75


26.54
25.44
24.55
22.47
25.95
20.25
25.42

25.88
24.42
25.01
20.37
18.95
25.79

25.49
24.29
25.24
20.70
19.05
25.80

25.531
24.25
22.22
19.55

17.86
22.96



25.18
23.97
21.49

18.53
25.59


26.00
24.49
22.66
20.49

23.54


24.76
25.94
18.50

24.49


, A. I. B.


862


m


a'










STEERS SOLD OUT OF FIRST HANDS FOR SIAUGER AT SEVEN MARKETS COMBINED 1/

: Nu r of head Percent of total : Average weight Average price in
by grades (pounds) dollars per 100 lb.
Gd-------- ----- ------------- -------Mon
Grade Month
S Oct. : Oct. Oct, Oct. Oct. Oct. : Oct. Oct.
S 1961 1961 : 1961 : 1960 1 1961 1960 1961 : 1960
----- ----


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


23,449
218,663
114,241
16,745
57
2,428
375,583


19,437
189,717
110,165
15,058
9
5,013
337,399


6.2
58.2
30.4
4.5
.0
.7


5.8
56.2
32.6
4.5
.0
.9


1,241
1,151
1,073
1,044
1,577
1,008
1,127


1,236
1,151
1,071
1,030
1,516
947
1,122


25.17
24.16
23.15
21.32
20.69
19.75
23.79


25.84
24.46
23.02
20.39
20.12
18.49
23.89


I.- ~~- -~rr -- -I -,r - - - - - ---- -
HEIFERS SOLD OUT OF FIRST HANDS FOR SLAUGHTER AT SEVEN MARKETS COMBINED 3/
_-------- -------------------------------------------------------
: Number of head : Percent of total : Average weight : Average price in
: i by grades : (pounds) : dollars per 100 Ib,
Grade -- -- ~ -n ---
Grade --------------.------ -on.. .............
: Oct. *Oc Ot Oct. | Oct. : Oct. Oct.. Oct. Oct.
: 1961 : 1960 : 1961 : 1960 : 1961 1960 : 1961 1960
---------- -------------------------


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


Market


3,763
101,021
51,168
6,464
1,360
163,776


2,925
90,063
53,262
5,014
1,109
152,373


2.3
61.7
51.2
4.0
.8


1.9
59.1
35.0
5.5
.7


1,000
946
902
879
956
931


1,002
941
896
828
863
922


23578
25.07
22.15
20.47
18.26
22.67


24.38
23.18
21.81
19.21
16.58
22.58


SOLD OUT OF FIRST HANDS FOR SLAUGHTER AT FIVE SPECIFIED MARKETS 1/
STEERS
__--------------- ----------- *-- --*- -.----
s Number of head : Average weight Average price
S(pounds) : in dollars per 100 Ib.


: Oct.
1 -1961


-- --------Month
: Oct. : Oct. :
1960 1961 -


Oct. Oct. : Oct.
1960 : 1961 1960


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


Cincinnati .,,..,,,.,
Indianapolis ,,,,,,,66
Fort Worth ..,......,
Oklahoma City .......
Sioux Falls .,,,,,****


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


2,755
16,456
1,769
1,238
16,893


4,008
14,309
7,254
1,569
10,830


1,053
1,060
1,002
1,061
1,125


1,041
1,045
1,032
1,091
1,109


HEIFERS


25.21
23.85
22.92
22.89
22.76


22.76
23.99
21.90
21.47
23.09


2,198
4,597
978
1,404
34,361


5,063
4,567
1,303
1,965
9,955


709
872
699
910
956


728
850
676
850
946


21.37
22.77
22.20
22.96
21.94


21.61
22.74
19.90
22.33
21.95




864


WEEKLY SLAUGHTER UNDER FEDERAL INSPECTION AT MAJOR CENTERS
- ---------------------------------------- ------ -------------
Cattle Calves Hos 'Sheep and lambs
City or Area Nov. 11 TNo.1 Nov.1 No .12 No. No.12 o.12
-1961 1960 1961 1960 1 1960 1-61 1960
Boston, New York City Area .... 12,364 10,332 11,028 8,651 45,555 43,512 40,093 51,895
Baltimore, Philadelphia o...... 9,788 9,279 1,810 2,055 37,912 30,185 5,947 3,725
Cin., Cleve., Detroit, Indpla 19,926 18,531 1,515 4,167 120,308 124,811 6,356 14,275
Chicago Area .................. 16,042 15,801 9,218 8,001 58,185 37,502 6,457 6,404
St. Paul- Wise. Areas ......... 33,940 50,725 24,564 26,748 117,496 118,598 22,772 21,523
St. Louis Area ................ 12,715 12,009 1,-'j0 1,851 78,487 69,960 5,603 4,032
Sioux City-So. Dakota Area .... 30,315 24,585 -- -- 118,380 106,525 13,208 12,769
Omaha Area ................... 36,191 36,329 124 147 98,024 82,995 16,928 16,619
Kanaas City ..*.,......,...... 15,581 15,719 -- 45,297 44,723 -- --
Iowa So. Minnesota ........ 54,660 33,465 10,493 10,158 319,078 299,760 42,094 35,758
LoI l, Evan'l.Nashil. Mphts ... 7,205 6,751 3,507 3,950 52,514 53,924 -- --
Georgia, Florida, Ala. Area ... 11,018 9,059 4,582 5,394 50,568 27,655 -- --
St. Jo*ph. Wichita, Okla. City. 19,924 20,171 911 1,064 57,581 41,400 9,514 9,507
Ft. Worth, Dallas, San Antonio. 12,850 12,228 5,717 5,999 18,795 13,410 27,215 19,199
Denver, Ogden, Salt Lake City 23,908 19,422 194 124 16,040 14,062 35,588 29,070
Los Angeles, San Fran. Areas .. 25,264 24,520 854 957 27,958 22,984 28,602 25,954
Portland, Seattle, Spokane .... 9,114 7,216 259 411 17,832 14,285 4,750 6,272


Total ....................


328,803


Accumulation to date ..., 14,194,857


74,546 1,259,590 265,067
505,920 77,657 1,146,289 2354962
2,830,681 48,560,823 12,186,870


13,879,582 3,147,595 49,536,133 11,104,950
-----------------------------------------------------------------------------------------


ESTIMATED FEDERALLY INSPECTED SLAUGHTER AND MEAT PRODUCTION
------------------ -- --y---^----
Beef I f 7or oFk Izns 7 -
Beef -. -- eal L- exci. ic lrd) and utn_ I Total S Total
Week ended sNm"- Po. Num- Pr Num- Pr t Num.- t meat lard
br Pr o. ber s ber Pr b Prod. s prod. prod.

-t 3 1


Nov.
Nov.
Oct.
Nov.


11,
4,
21,
12,


1961
1961
1961
1960


11.......
........


410
420
418
584


Percentage change from
Nov. 4, 1961 ......... -2
s, gew 01960 **m* a to _7. g
I II I, I I ill I mmm T


Week ended


Nov.
Nov.,
Oct.
Nov.


1961
1961
1961
1960


258.2
244.0

220.2


-2
8


to .0 -i ow-
Cattle
I e
Live 'Dressed
L -- LDese.


,0,*.*... 1020
........ 1020
...*.... 1015
C....... 1022


581
581
584
575


115
120
117
116


12.2
15.1

12.8


1,425
1,540
1,422
1,326


192.5
208.1

186.5


285
315
515
271


-4 -7 -7 -8 -1C
-1 -5 7 5 1

--- I -------
-.... r--a --t--
Calves Le r
ress;ed Live Dreased


190
195
200
198


106
109
112
110


257
255
254
240


15.1 456.0
14.5 479.7 --
-- -- 45.2
12.8 452.3 39.6


00--- -- M---- ---M
ON- -- -- -- -
SIII I ^
01_- --- -- -- ---Lard
Sheep yield

Live Dreased 100 lb.
IDsn!,, m -- -


155
155
136
141


12.5


/ Actual slaughter. 2/ Excludes lard.




865


CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
--------- ------------------------------------- ----
2 2 I North
Chicago Kansas City Omaha Denver Portland
C Nov, Nov. Nov. Nov. 2 Nov. Nov. N ov, N. Nov. Nov.
Classification : 11 12 11 12 11 12 11 12 11 12
1961" 1960 21961 : 1960 1961 1960 : 1961: 1960 1961 1960
S-- ------- -- ------- ---------- -----------


Steers -
Prime 900-U100#
1100-1300
Choice 900-1100
1100-1500
Good 900-1100
Standard All wts.


Heifers -
Choice
Good
Standard -


700-900#
600-800
All wt'.


Cows All weights -
Commercial
Utility
Cutter
Canner

Bulls All weights -
Commercial
Utility

Calves 500# down -
Choice
Good
Standard

Vealers All wts. -
Choice
Good
Standard


Slaughter cattle.L calves and vealers


25.88
26.19
25.12
25.22
25.81
22.06


23.88

20.56


15.19
14.25
13.88
11.88


26.72
26.56
25.97
25.47
24.44
22.38


24.47

20.19


14.66
15.97
13.19
11.66


-- -- 25.58
-- 25.50
25.00 24.50 24.50
24.50 24.25 24.45
25.55 22.25 25.12
21.58 19.58 21.50


23.88
22.50
20.62


16.05
14.85
14.10
12.85


17.81 17.81 17.50
19.00 18.06 17.75


25,00
25300
19.50


22.25
20.75
18.75


24.50
22.00
19.00


25.45
21.82
18.75


15.25
14.08
12.75
11.15


23.58
22.08
20.58


15.85
14.82
15.55
12.70


26.18
26.18
24.92
24.80
22.82
20.40


25.55
21.55
19.15


15.50
14.15
12.75
11.68


15.50 17.58 17.20
16.75 17.62 17.10


19.75
18.00
16.00


22.00
20.00
17.50


24.90
22.25
19.75


24.00
23.97
22.56
20.25


25.0

19.00



15.58
14.41
15.19


25.00
24.80
21.75
18.50


25.25
20.75
17.25



14.75
15.06
11.88


25.25
25.00
23.62
21.00


25.88
22.25
19.00


14.62
14.25
12.25
10.12


--

24.58

23.00
20.25


21.75
21.00
19.00


16.00
14,75
12.25
10.00


18.75 18.75 18-25 18.25
18.75 18.75 18.25 18.25


25.50
21.50
18.50


28.00
25.50
22,00


21.50
19.25
16.50


22.00
19,50


27.00
25.00
21.00


Steers -
Choice
Good
Medium


Heifers -
Choice
Med. & Gd.


Stocker and feeder cattle and calves
------------------------------------


500-800#
500-800
500-1000


500-750#
500-750


Cows All wta. -
Med. & Gd.

Calves 500-500# -
Steers -
Good & Choice

Heifers -
Good & Choice


26.12
24.25
22.00


25.59
25.19
20.75


26.00
24.25
21.62


24.75
22.50
19.40


-- 2.62 22.00
20.62 19.50


---- -- 14.58



28.12 27.50


-- -* 25.25 2,65


25.88
24.12
21.75


24.75
22.75
20.12


26.50
25.00
20.25


24.88
25.25
20.25


24.00 22.75 24.50 22.12
20.75 19.62 20.50 20.50


16.25 14.50 16.75 14.50


29.00 27.20


25.00
21.50
19.00


22.00
20.00
18.50


- 20.75
- 17.50


-- a


29.25 27.00 24.00 24.25


26.25 25.00 27.25 25.25


21.00 20.50


- --mm---mm m-m-- --m-m--m i- -m-i---m --i- m m --ma --- --w w




eeC


Classification


Steers -
Prime 900-100#
1100-1500
Choice 900-1100
1100-1300
Good 900-1100
Standard All wta.


Heifers -
Choice
Good
Standard


700-900#
600-800
- All vta.


Cows All weights -
Commnercial
Utility
Cutter
Canner

Bulls All weights -
Commercial
Utility-

Calves 500# down -
Choice
Good
Standard

Vealers All wts. -
Choice
Good
Standard


CATTLE: MONTHLY AVERAGE PRICES
In dollars per 100 pounds
S-- -_-- -_t- -- -- -- -- -- WORE- *^ -
S Chicago Kansas City Omaha Denver Portland

: Oct. : Oct. : Oct. I Oct. : Oct. I Oct.: Oct. I Oct. : Oct. : Oct.
: 1961 1 1960 S 1961 f 1960 1 1961 t 1960 t 1961 1 1960 1961 : 1960

Slaughter cattle. calves and vealers


25.26
25.55
24.59
24.60
23.27
21.58


23.31

20.16


16.06
14.78
14.20
12.76


26.08
26,09
25.12
24,93
23.54
21.73


23.78

19.80


14.86
14.24
13.14
11.38


24.66
24.30
23.42
21.26


23.60
22.43
20.29


16.38
15.63
14.65
13.47


24.52
24.35
22.20
19.37


23.36
21,33
18.69


15,60
14,46
13.14
11.41


24.87
24.88
23.96
23.99
22.68
21.12


23.05
21.71
20.00


16.24
15.27
14.06
13.12


25.44
25.33
24.26
24.18
22,31
20.01


22.91
20.87
18.79


15.20
13,97
12.76
11.72


17.33 17.26 17.20 15.25 17.46 16.71
18.26 17.50 17.40 16.10 17.53 16.55


24.80
23.00
19.50


21.81
20.30
18.45


24.50
22.00
19.00


19.75
17.94
16.00


22.00
20,00
17. 50


24.00
22.25
19.75


23.78
23.71
21.82
19.45


25.02

18.44



15.86
14.47
15.56


24.64
24.64
21.23
18.12


23.26
20.56
17.12



14.49
12.58
11.14


24.88

23.28
20.50


23.62
22.00
18.94


15.56
14.89
13.08
11.47


24.53
23.82
23.16
20.44


22.66
21.72
19.25


16.50
14.97
12.44
10.12


19.11 18.56 18.81 19.51


21.50
19.25
16.50


Stocker and feeder cattle and calves


Steers -
Choice
Good
Medium


500-800#
500-800
500-1000


26.08
24.25
22.01


25,50
23.00
20.35


25.35
23.61
21.04


24.20
21.82
19,44


25.85
25.54
21.15


24.59
22.25
19.38


25.55
21.60
18.75


24,17
22.74
19.64


21.17
18.85


26.25
24.44
21.25



23.62
22.58
19.00


21.25
19.25


26.39
24.50
20.75



22.12
20.00
18.50


Heifers -
Choice 500-750#
Med. & Gd. 500-750

Come All ut*. -
Med. & Gd.

Calves 300-500# -
Steers -
Good & Choice

Heifers -
Good & Choice


-- 23.12 22.20 24.25 22.75 23.51 21.96
S 20.42 19.25 20.50 19.50 19.95 19.65


-- 14.35 16.25 14.19


20.81
17.81 17.50


17.12 13.40


- 27.73 26,04 28.41 26.44 28.74 25.28 24.25 22.50


-- 24.92 22.71 26.14 24.44


26.74 23,49 21.75 20,44






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r- r r- r- H r-l Hl-H rlrl- f I









Im I :
B I to


ST CMNJC;0MC N *ll CMMCM 0-Il 0|
oi 0 0

21 IN 0

L) & 0 Go Ii


r o


0
0
r-I





o

p.

ha

p0





--







HOGSt AVERAGE COST, WEIGHT, AND NUMBER OF PACKER AND SHIPPER PURCHASES I/
-- ------- --- St. --- --------------
t T t I $ II


Week ended


: t Louis Kansas'
iChicago- Nat'l. City
t : Stock t


I t Yards t :
AVERAGE COST Dollars per


Barrows Nov. 11, 1961 16.50 16.26
and Nov. 4, 1961 16.35 16.40
Rilts Nov. 12, 196'. 17.49 17.63
Nov. 11, 1961 13.74 14.02
Sova Nov. 4, 1?1 13.96 14.14
No-. 12 146( 14.40 14.76
AVERAGE WEIGHT -
Barrows Nov. 11, 1961 224 223
and Nov. 4, 1961 224 221
gilts Nov. 12, 1960 227 22"
Nov. 11, 1961 431 417
Sows Nov. 4, 1961 426 423
N.s. 22, 1960 438 396
NUMBER OF HEAD -


Barrows Nov. 11, 1961
and Nov. 4, 1961
gilts Nov. 12, 1960
Nov. 11, 1961
SawS Nov. 4, 1961
Nov. 12, 1960


31394
31561
26732
2'e7
2"87
2501
2899


50649
53138
43623
3437
3557
4042


I Sioux 'S. St. *
Omaha Z City 'Joseph :
sI I S


S. St. Indian-:
Paul Sapolis :
i 3


100 pounds


15.74 15.99
16.20 16.27
17.25 17.35
14.02 13.98
14.21 14.31
14.48 14.79
Pounds
232 230
230 227
232 233
414 432
425 422
426 427


15.83 15.97 15.53
16.23 16.24 15.88
17.33 17.31 17.07

14.12 14.25 13.64
14.33 14.44 13.98
14.44 15S12 14.71


231
230
255
421
420
431


227
227
229
404
408
394


227
227
229
411
411
401


1e.58
16.58
17.70

14.06
14.06
14.61


226
225
227
460
440
455


Eight
mkta.
com-
bined


16.C3
16.25
17.39

13.94
14.16
14.67


227
226
228
423
421
420


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


19974
20349
12486
1659
1438
1066


417Z0
41713
30513
4425
5026
4291


59143
32979
27875
3732
3259
2494


3C732
26553
18808
2408
2051
1911


46077
45195
44468
6279
5651
5062


25715
25110
22758
2746
2673
3312


285004
276598
227263
26973
26156
25077


Percentage of total
Nov. 11, 1961 7 6 8 10 9 7 12 10 9
Nov. 4, 1961 7 6 7 11 9 7 11 10 9
Nov. 12, i960 I1 8 8 12 8 9 10 13 10


1/ Weighted average.


AVERAGE WHOLESALE VAIUE OF HO PRODUCTS DERIVED FROM 100 LB. LIVE HOG,
COMPARED WITH PRICES OF LIVE HOGS, CHICAGO

': Ho prices 2/' Gross spread
Week ended Hog products Hog prices 2/ Gros spread
S or margin 5/
------------------ii--------------- *----------
Nov. 11, 9i.............. S18.10 $16.61 1.49
Nov. 4, 1961.............. 18.31 16.44 1.87
Nov. 12, 1960.............. 19.93 17.76 2.37

1/ Value of all edible products, fresh basis (lard rendered) in 100 lb. of live
hol conmpited 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.
3/ Difference between wholesale product value and hog prices.


HOG AND CORN PRICES AT CHICAGO
: Barrows and
Week ended gilts 1/
W Dollars p-er
: 100 pounds

Nov. 11, 1961 ........... 16.50


Nov. 4, 1961......
Nov. 12, 1960 ........


16.35
17.49


AND HOG-CORN PRICE RATIO
t Corn 2/ Hog-corn
S No.3 yeTlow t price ratio
: Cents per t based on
S bushel : barrows and gilts
108.? 15.2
1C9.7 14.9
989. 17.7


I/ Weighted average. 2/ Simple average.


SOWS -


m m


------------ -------~


~~~~- - -1






SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS
In dollars per 100 pounds
------------------------------------.------ ---------------
Kansas* Fort :North
Classification :Chicago: Omaha : Denver: Ogden :
City A (oWorthle Portland
- ---- A----- ---o- ------- ------------
SIAUGHTER LAMBS: (Wooled) 11C0 down


Prime Nov. 11, 1961 ............. 17.25
Nov. 12, 1960 ............. 17.69
Choice Nov. 11, 1961 ............. 16.66
Nov. 12, 1960 ............. 17.31
Good Nov. 11, 1961 ............ 15.28
Nov. 12, 1960 ............. 15.75


16.90 17.02 -- 17.81 16.56 15.50
-- 17,30 -- 17,00 --
16.18 16.58 16.00 16.91 15.84 15.34
17,28 16.55 16.62 16.97 16.25 16.03
14.80 15.55 15.00 15.72 14.81 14.50
15.98 15.65 16.12 15.69 14,75 15.25


EWES: (Wooled) All wts.
Good & Nov. 11, 1961 ............. 4.681 4.38 4.00 6.00- 5.25- 4. '5* 4.50
Choice Nov. 12, 1960 ............. 4.75 3.88 3.95 -- 5.12* 3.50* 4.68
Cull & .lov. 11, 1961 ..0........ 4.68* 4.12 3.25 5.00* 4.51* 5.75* 4.00
Utility Nov. 12, 1960 ...~......**. 4.50 4.12 3.15* 5.12* 4.00* 2.25* 5,75
~- ~~------~----~-II~---~------------------------------------
FEEDER LAMBS: All wts.
Good & Nov. 11, 1961 ............. 14.00 11.62 15.81 13.75 12 81
Choice Nov. 12, 1960 ......... 16.00 -- 13.50 16.44 14.50 14.59
*Shorn basis.
*Shorn basis.


LIVESTOCK PRICES AT CHICAGO COMPARED WITH WHOLESALE AND COMPOSITE RETAIL
MEAT PRICES AND WHOLESALE AND RETAIL MEAT VALUES AT NEW 709K


Steers Lambs
: Oct. :Sept. Oct.: Oct. : Sept.: Oct. Oct.
S-1961 1961 : !TZ19jO.S i91t : 96 J26Q, I
Live animal prices Dollars per 100 pounds
Chicago /.......... 24.92 24.73 25.60 17.60 .17.86 18.60 17.40
Wholesale meat


prices, New York /. 42.06 41.51 42.74 40.25 41.17
Cents per pound


Composite retail meat
prices, New York /.


Wholesale-New York 4]
Retail New York


73.55 74.13 75.57 63.78 62.24


42.26


64.04


Hogs
$ Sept.: Oct.
.A 1960d.

18.44 17.81


Value of carcass meat from 100#f live animal (Dollars)
25.24 24.91 25.64 19.72 20.17 20.71 22.04 22.20 21.36
34.57 34.84 35.52 30.10 29.38 30.23 28.86 29.47 27.54


J/ Av. Choice and Prime steers, 900-1100 lb., Choice and Prime lambs, and U. S, No. 1,2 and
3, 220-240# hogs.
2/ Av, Choice and Prime steer beef, 600-800Q, and Choice and Prine lamb.
5/ Composite av. of semi-monthly retail quotations on various cuts (incl. lard) combined in pro.
poFtion to their respective yields from live weights.
4/ 60 lb. of beef carcass, 49 lb. of lamb carcass and 60.43 lb. of principal hog products
consisting of smoked, skinned hams, bacon, picnics, fresh loins, Boston butts, spareribs, and
carton lard combined in proportion to their respective yields from live weight.
5/ 47.0 lb. of beef cuts, 47.2 lb. of lamb cuts and 58.56 lb. of principal hog products, inld
lard.







WHOLESALE MEAT TRADE REVIEWS


LESS THAk :ARLCT MrAT "-RAflE REVIEW

EASTE R SEABO.URD Carcass steer beef along
the Eastern Seaboard sold rfenerally steady; how-
ever, at New York prices were fully 50d higher.
At Philadelphia cow beef sold steady to 500
lower. Veal prices were steady to $2.00 lower
while calf carcasses held steady. Lamb sold
steady to 50& lower. Pork loins were steady to
50W up at New York but mostly $1.00-2.00 lower
at other points. Spareribs were steady to $1.00
lower, Boston butts and skinned hams steady.
Choice and Prime kosher steer forequarters
were strong to higher, mostly $1.00 up. Veal,
calf and lamb held steady.
Supplies of all meats were normal. Trading
on steer carcasses and cuts was fairly active.
Demand was particularly broad for steer arm
chucks at Few York and prices were $1.00-2.50
above a week ago. Choice and Prime veal moved
readily, however, Standard and Good grade offer-
ings were slow. The lamb trade was only moder-
ately active with demand fair. In the New York
area chain accounts absorbed near normal require-
ments and late in the period small lots of lamb
foresaddles and carcasses sold on a very competi-
tive basis. Buyers readily absorbed all pork
cuts including loins as clearance was complete
in all market areas.

CHICAGO The week's trend on steer and
heifer beef carcasses was about steady, veal and
lamb mostly $1.00 lower, pork loins 8-16# $1.00-
1.50 lower, Boston butts 4-8# $1.50-2.00 lower,
spareribs steady.
Fresh meat supplies were mostly normal ex-
cept there was only a moderate supply of veal.
Choice continued to be the predominating grade
in beef supply; although there was a slight in-
crease in the number of Good. There was some
increase noted in lamb weighing 55-65#, however,
the bulk still continued to scale under 50~.
The pork loin tonnage was largely 12-16# averages.
Carcass beef trade at the best time was
only moderately active, bulk moving from whole-
sale houses in the form of primal cuts. There
was a good demand for beef ribs, particularly
for those 30A and down. Outlets were ideauate
for chucks, rounds -nd loins, and fabricated
loin cuts also cleared well. Rounds and ribs
were higher. Veal trade was slow. A fair demand
for carcass lamb at the outset narrowed as the
week progressed. Demand was good for lamb legs,
stews and shoulders, but loins were slow and ribs
practically at a standstill. Fresh pork trade
slow for the most pnrt, with a moderate demand
on 8-124 loins on closing sessions.


PACIFIC COAST Considerable variation
characterized the price trend on steer and
heifer carcass beef; mostly 500 lower in
Southern California, steady in the San Fran-
cisco Bay area and steady to $1.00 higher in
the Pacific Northwest. Cow beef followed a
more uniform pattern, steady to $1.00 lover,
but mostly $1.00 lower in the Northwest. Bull
beef was steady to weak. Calf and veal was
also irregular, steady in San Francisco,
steady to $1.00 higher in the Northwest, but
calf $1.00-2.00 lower in Los Angeles and veal
in too limited supply to fully test prices.
Lamb sold at steady levels in California but
steady to $1.00 lower in the Portland-Seattle
areas. Fresh pork was steady to $2.00 lower
at all points except loins were as much as
$3.00 lower in San Francisco. Cured pork
held steady except bacon was steady to $2.00
lower in California and smoked hams steady to
$2.00 higher in the Northwest.
Carcass steer and heifer beef trading
was slow with supplies liberal, however,
trading was moderately active late in the
Northwest. Demand narrowed on cow beef as
offerings were considerably increased ever
recent weeks. A rather broad outlet existed
for a moderate supply of calf and veal in
San Francisco. Calf was slow in Southern
California, but some improvement in demand
developed for a moderate to liberal supply
in the Northwest. Demand was moderate for
lamb in California but poor in the Portland-
Seattle areas. Pork trade was generally slow
with supplies liberal, but a slight improve-
ment in demand developed on smoked hams late
in the Northwest.
CARLOT MEAT TRADE REVIEW
CHICAGO, DENVER. OMAHA, NEW YORK AND
PHILADELPHIA Demand wes moderate for a near
normal beef supply and trading was generally
slow on steer beef. A moderately active trade
developed on heifer and cow beef.
At the close, steer beef was steady to
500 lower. Heifer beef steady to 25v lower ex-
cept at Denver where the trend was weak to
500 lower. Cow beef sold steady to 50* lower.
Clearance near complete on beef offerings.
Demand was limited for normal supplies of
carcass lamb and prices were $1.00-2.00 lower.
Clearance near complete at shipping centers.
Pork supplies were larger than either a
week ago or a year ago. Demand was moderate
and pork loins sold steady to $1.00 lower,
pork butts $1.50 to $2.00 lower. Fresh hams
were steady to 50& higher at Omaha. Pork
carcasses sold fully 50 lower at New York.




871


WHOLESALE DRESSED MEAT PRICES LESS THAN CARLOT BASIS
Weekly average of daily quotations in dollars per 100 pounds
- e t m t -
New York Chicago San Francisco Los Angeles
Classification t 2
Classification - - - -
: Nov~.1 Nov.12 Nov.11 : Nov.12 t Nov.11 : Nov.12 Nov.11 2 Nov.12
t 1961 : 1960 1961 :I 1960 196_1 _-3 __i 1 _1256Q-


Steer beef -
Prime 700-800# 43.00 45.25
Choice 600-700 42.50 42.75


Good

Heifer beef -
Choice


Good 500-600
Veal -
Prime 90-120#
Choice 90-120
Good 90-120
Lamb -
Prime 45-55#
Choice 45-55
Fresh pork -
Loins 8-14V
Butts 4-8
Spareribs # down
Cured pork -
Hams, ask. skd. -(Cook
before eating) 12-16#
Bacon, smoked, sliced -
1# package (box lots)
Picnica, smoked (Cook
before eating) 4-8#
Lard, 3# carton


42.00
40.75
40.50


54.00
48.00
59.50


41.25 41.25
41.25 40.75

47.88 51.25
37.06 37.00
38.50 41.50


47.00 45.00

52.50 48.50

32.50 33.50
14.25 14.00


40.75
40.00
39.50
39.50

39.75
39.75
38.50

53.00
48.00
44.00


-
42.12
40.75
40.38
40.38

40.12
40.12
38.62

50.75
47.58
41.25


39.25 39.50
39.25 39.50


43.31
32.44
34.00


47.88
55.25
38.25


48.00 52.25

51.50 50.00

34.25 35.50
14.25 15.00


40.50
39.25
39.50
38.50

39.25
39.00
38.00



51.50

38.00
38.00

48.75
38.50
42.50


39.00
57.25
38.00
56.00

57.50
36.00




47.00


39.50

54.00
45.00
45.00


47.00 48.50

53.50 55.00

33.00 32.50
17.50 17.00


39.62
38.31
38.94
38.19

39.50
38.50


--
38.00
56.44
57.00
36.00

58.00
57.00
36.00


--


39.50 39.88
39.50 39.89


48.12
37.62
39.00


50.12
41.50
40.50


46.00 49.00

52.75 52.38

34.75 55.00
17.00 16.75


--~- ----- -- ------- --


BULK PRICES CABLOT BASIS WEEK ENDED NOV. 10, 1961
-- "P.iee paYd"Fo : ~"" -- reies'de 1-
Classification -I er 2 "1wr 7 PhrIda
Ste beefan -
------------ -------- -- -- ------ ------- --


Steer beef -
Choice


Good


Heifer beef -
Choice

Good


Cov beef All weig
Utility
Canner and Cutter
Lamb -
Prime 55-4


38.75-39.00
38.50-38.75
38.00-38.25
37.00-38.00
37.00-38.00
36.50-37.50

37.50
37.50
36.50-36.75
36.50-36.75

28,00-28.50
27.50-28.00

36.50-36.00
35.50-36.00
35.00-35.50
35.50-36.00
35.50-36.00
35.00-35.50

41.00-42.00


37.50-38.00
37.50-38.00
36.50-37.25

35.00-37.50
35.00-37.50

35.75-37.50
35.75-36.25



28,00





34.00-35.00
34.00-35.00
34.00-35.00


37.75-38.25
37.75
37.25

37.25-37.75
36.50-37.25

36.50-36.75
36.50-36.75
35.50-36.25
35.50-36.00

27.50-27.75
26.75-27.25




34.75
34.75


40.50-41.00


40.50-41.50
40.25-41.00
40.00
39.00-40.50
39.00-40.50
39.00-40.50


37.50-38.00
37.50-38.00
37.00-38,00
37.50-38.00
37.50-38.00
37.00-38.00


41.00-41.25
40.50-40.75
40.00-40.25

39.50-40.00
39.00-40.00

40.25-40.50
40.00-40.25


28.00-30.00
27.50-28.00

37.00-37.50
36.75-37.00
36.50-36.75
37.00-37.50
36.75-37.00
36.50-36.75

42.00-42.50


-m am am- -- ---- -- W W MI -go i g- -g -g me a m --# -- M-m -- -- # N


42.00
41.00
41.50


700-800
500-600
600-700

500-600#
600-700


58.00
48.50
43.25


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

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


2ts -


I45S


Choice


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


Fresh pork -
Loins 8-14
IM OW am AM SW im am w" On em







BOSTON WOOL MARKET REVIEW


Trading was limited in the Boston market.
Sales of greasy domestic worsted wools were
limited due to small supplies. Reports from
recent domestic sealed bid sales indicate
mostly complete clearance. Price levels were
generally steady for the week.
There was fair demand for scoured pulled
wools and trading was moderately active at
steady prices. Noils were very slow at un-
changed prices.
Riidweek cables from foreign wool centers
showed quotations from Australia one to two
cents lower. The Continent and Japan buyers
dominated at Newcastle while demand from Great
Britain and Russia was only moderate. At
Adelaide there was keen competition with the
Continent operating freely, Great Britain,
Japan and Russia moderate. Liverpool prices
were firm and white wools were 2-1-5 percent
higher. South Africa and South American wools
were steady in a slow trade.
Fleece '.ools A fair amount of quarter-
blood domestic fleeces sold at $1.05.
Territory Wools Some half-blood wools
sold at estimated clean price of *1.18. Couple
cars California fall wool solri in Dixon area
at 3ut4 a pounr along with 80 bags lanbs wool
at 320 a pound, grease basis.
Texas VYools Mediium fall wools met modar-
ate movement at 36-120 grease basis. About
200,000 pounds sold Monday and Tuesday in Del
Rio, Texas. New wool brought 41.5u0-4E.5G0
and four months lambs wool 43-480.
Mohair Trading was extremely slow.
ForeiTr. ools Cabled quotations at
veek's end from Australia showed declines of
1-20 with the opening at Newcastle on Tuesday
fully li below close at Sydney. Prices at
Adelaide were easier. Cabled reports at week's
end follow with combing wools converted to
clean U. S. oil-combed yields and short wools
to scouring yields, in bond.


South
Oil-combed

7 "1.01
8 1.00
12 1.00
47 .99
46 .98
52 .98
53 .97


Africa
Scoured yields


17 -
22 -
27 -
32 -


$1.00
.98
.96
.94


New Zealand
Oil-combed

No auctions


Australia
Oil-combed


78-A
79
80
81


31.01
.98
.97
.95


Carpet Wools There were limited sales
of carpet wools at unchanged prices. New
Zealand offerings were small while November
carpet wools from South America were offered
at steady prices.
Woolen Wools Sales follow:

Aust. 64/60s scoured lamb wool 91f in bond
Aust. 58/60s lamb wool 2)-53" free or
nearly free at $1.15-1.17, duty paid.
Domestic 56/58s pulled wool 31.05-1.10

Choice Cape schlumberger noils 980
duty paid
Scoured spinners type 27 1l.36-1.38
duty paid
Scoured spinners type 32 1.54-1.36
duty paid

Wool Tops Topmakers reported fairly
good demand for medium and fine wools at
steady prices. Sales volume exceeded
previous week by fair margin. Quotes follow:


Warp Aust. D/C


70s ?1
64s 1
62s -
60s 1
58/60s- 1

Oil-combed

58/60s -
56s -
50/56s -
48/50s -
(0


Warp Dom. D/C


.93
L.90
.83
L.75
L.68


Territory


$1.48
1.46

- Nominal)


'1.87
1.80
1.72
1.65
1.55

Fleece


$1.46
1.44


CLOSING FUTURES QUOTATIONS November 8,
1961 (Furnished by the Wool Associates of the
New York Cotton Exchange)
December wool tops 31.629 (Bid)
March wool tops 1.615 (Bid)
64s grade 2.55" minimum length
December wool 51.227 (Traded)
March wool 1.22 (Traded)
64s grade 27" average stretched length




875


SHEEP AND LAMBS ON FEED-7 SELECTED STATES, NOVEMBER 1, 1961


Sheep and lambs on feed for market in 7 major feeding States totaled 2,431,000 head on
November 1, 1961, according to the Crop Reporting Board. This is 6 percent less than the
2,590,000 head (revised) on feed in these seven States November 1 last year. The number of
sheep and lambs on feed decreased in 3 of the seven States Nebraska 18 percent, Iowa 17
percent, and Colorado 12 percent. The States showing increases were as follows: Kansas 19
percent, California 9 percent, Texas 5 percent, and South Dakota 2 percent.
Of the total number on feed, 87 percent were placed on feed during September and October
compared with 88 percent placed on feed during these two months a year earlier. This year 13
percent were placed on feed before September 1 compared with 12 percent last year.
A breakdown of the November 1 number of sheep and lambs on feed in the 7 major sheep feed-
ing States indicates a smaller number in each weight group as compared with a year earlier.
The number weighing less than 60 pounds totaled 136,000 head compared with 139,000 a year
earlier. Those weighing 60-79 pounds totaled 1,299,000 head, down 8 percent from the 1,411,000
on feed in this group a year earlier. A total of 897,000 head weighed 80-99 pounds--dawn 4 per-
cent from the 934,000 head of last November 1. Those weighing 100 pounds or more totaled 99,000
head, down 7 percent from the 106,000 in this group a year ago.
Of the sheep and lambs on feed November 1 in the 7 States those weighing less than 60
pounds accounted for 6 percent of the total this year compared with 5 percent on November 1,
1960. Sheep and lambs in the 60-79 pound weight group made up 55 percent of the total against
55 percent a year earlier. The number weighing 80-99 pounds at 57 percent compares with 36
percent of the total last year, while those in the 100 pounds and over group comprised 4 per-
cent the same percentage as a year earlier.


Sheep and lambs on feed, selected StatesL November 1l 1960-61
S- --- eron Teed~Novemer -
Placed on feed : Total on fee
State : -Bore : un Septemner :* h _
September 1 and October : -
: T19o T90 7 T990 : T 91 T : 1960 : 1
---.- -.^*^ -^^ ----Q -- --
: 1000 1,000 1,000 1,000 1,000
: head head head head head
Iowa .......: 85 71 492 408 575
S. Dak. ....: 38 51 207 200 245
Nebr. ......: 49 40 431 353 480
Kans. ......: 18 29 222 257 240
Texas ......t 14 25 156 133 150
Colo. ......: 22 10 528 474 550
Calif. .....: 77 101 273 279 350


1

961
,000
lead


1961
-s as % of
1960

Percent


479 83
251 102
393 82
286 119
158 105
484 88
380 109


Total
7 States : 301 327 2,289 2,104 2,590 2,431 94


Sheep and lambs on feed by weight groups. November 1
' ne? O ~ 6-79 0-94 T puds
State pounds Eounds_ pounds : and over
: 1960 1961 1960 : 1961 1960 : 1961 : 1960 : 1961
mf !


2 iUUU
: head
s: 27
>: 19
: 36
S 8
: 12
.: 17
s: 20


1, UUI
head
28
12
28
29
12
19
8


S,UUU
head
244
90
307
148
87
429
106


1,000
head
234
105
218
131
78
378
155


head
268
125
126
79
48
88
200


1,000 1,000
head head
198 36
115 11
134 11
112 5
58 3
82 16
198 24


1,000
head
19
19
13
14
10
5
19


Total
7 States 139 136 1,411 1,299 954 897 106 99
-- --~ ~ ~L-------------------------------------------
I Percentage distribution of total
Pct. Pet. Pet. Pet. Pet. Pet. Pct. Fct.
7 States...i 5 6 55 55 36 37 4 4
-StatTsTicaI R1eoTtTng ervlTc : ropRiprtig' Board7 -- r-i-g-B-a-d


Iowa .......
S. Dak. ....
Nebr. ......
Kans. ......
Texas ......
Colo. .....
Calif. .....





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875


UNITED STATES EXPORTS OF ME.TS


a -Sept.
Commodity : 1961


-------------------
EXPORTS (Domestic) -
Beef and veal -
Fresh or frozen (except canned) ................
Pickled or cured (except canned) ....,.,..........
Pork -
Fresh or frozen (except canned) ................
Hams and shoulders, cured or cooked ........,....
Bacon ..... ...................................o
Pork, pickled, salted or otherwise cured, n.e.c..
Sausage, prep. sausage meats, etc. (ex, canned)..
Other meat and meat products (except canned) n.e.c.
Beef and pork livers, fresh or frozen .............
Beef tongues, fresh or frozen ..................
Other variety meats, (edible offal) ex. cnd.n.e.c..
Feat specialties, frozen, n.e.c...................
Canned meats -
Beef and veal ...............o...................
Sausage, prep. sausage meats, etc. n.e.e..........
Hams and shoulders .......................* ....
Other pork, canned ........o...*........e
Other meat and meat products, n.e.c. ...........,..
Lamb and mutton except + canned) ....................
Lard (includes rendered pork fat) .,,..,....,,,.,
Shortenings, chief wt. animal fat (excl. lard) ,,,,,
Tallow, edible .........,,..............,, .,
Tallow, inedible .......,,,,,,.,,*.... .. ......
Inedible animal oils, n.e.c. ...............,.......
Inedible animal greases and fats, n.e.c.,,,,,......

Compiled from official records, Bureau of the Census.


Pounds


647,780
2,003,940

5,262,753
568,552
520,857
1,445,147
257,665

5,946,568
1,838,224
2,856,505
501,720

111,108
51,528
18,640
177,148
77,780
76,815
21,785,917
594,227
5532,452
127,443,892
313,897
14,121,928


" Sept.
" 1960
Pounds


788,232
1,798,454

4,106,292
607,569
608,094
1,595,411
128,509
179,401
5,557,581
2,705,044
5,110,175
772,888

169,018
74,814
39,487
146,345
114,159
171,346
42,518,665
192,620
823,088
91,437,355
429,818
14,194, 985


- a---------------------------- -


UNITED STATES EXPORTS OF LIVESTOCK


Sept. 1961 : Sept. 1960

Number Number


Cattle (for breeding) -
Dairy ....,.......e..e,,...e..e*e
Ex. dairy ,eoe*..oe...o.,,,eee
Other (ex. for breeding) ........
Hogs ..oeo..e.eeeoeeeeeee*******eee
Sheep .........e*.e.e........ee***e


949
680
156
6
1,446


1,169
950
814
505
407


Compiled from official records, Bureau of the Census.
Compiled from official records, Bureau of the Census.




UNIVERSITY OF FLORIDA
876 III IIIIIIIIIIIIIIIIIIII
p 3 1262 08735 7223
U. S. Department of Agriculture
Washington 25, D. C.

OFFICIAL BUSINESS

For. AMS-11/14/61
Permit 1001.




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


a-. m- I

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