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Number 689

Wednesday, March 13, 1963

S UP P 0 R T F 0 R E XT RA - L 0 NG S T AP L E
C0 T T 0 N
On March 6, the U. S. Department of Agriculture announced that the level
of price support for 1963-crop extra-long staple cotton will average 53.17¢ per lb.,
net weight, which reflects approximately 70% of the February parity price. The support price for 1962-crop extra-long staple cotton also averaged 53.17¢ per lb.

I N S 0 U T H WE S T
The discovery of day-old. screwworms in a wounded calf on a ranch in Willacy
County, Texas, on March 4 ended a 12-day screwworm-free period in the Southwest, reports the USDA. This is-the longest screwworm-free period recorded since the start
of the program to eradicate the livestock pest more than a year ago.
Screwworms attack open wounds on warm-blooded animals. The USDA urges
livestock producers to check animals closely for wounds and to send samples of larvae removed from infested wounds to the Screwworm Eradication Headquarters, P. 0.
Box 969, Mission, Texas. The samples will help guide eradication workers in their
efforts to eliminate the outbreaks.
1 2



T 0
I N 1 0 ND 0 N
The first USDA exhibit of 1963 in the London Trade Center will be held
April 1-26 and will stress the quality and availability of American foods, feeds,
and seeds. The exhibit - the fourth major U. 8. agricultural show at the London
Trade Center since its establishment in 1961 - will be held by the U. S. Departments
of Agriculture and Commerce.
World cotton production in 1962-63 is currently estimated at 49.6 million
bales, or L~% above the preceding season's output and 14% greater than the 1955-59
average. According to the USDA, 1962-63 marks the fifth successive season that
world production has set a new record, with 80% of the increase taking place outside the United States. Most of the gain in the current world cotton crop results
from somewhat larger outturns in India, Mexico, and Pakistan, which more than offset sizable reductions in Brazil, the U.S.S.R., and Egypt.
1 E S S
W0 0 1
I N 1 9 6 2
U. S. shorn wool production in 1962 totaled 248.5 million lbs., grease
basis, or 5% below the preceding year, according to the Statistical Reporting Service. The weight per fleece of 8.4 lbs. compares with 8.5 lbs. in 1961. The shorn
wool average price received by the Nation's growers from April 1962 through January
1963 was 47¢ per lb.; in 1961 the average price was 43¢ per lb. The total value of
shorn wool produced in 1962 was $115.6 million, representing a 3% increase over the
1961 value.
Texas sheep produced 49.8 million lbs. of wool during 1962, or 5% below
the previous year. The average fleece weight was 7."Slbs., compared with 8.1 lbs.
in 1961. The average price received by Texas wool producers in the April 1962January 1963 period was 47¢ per lb., or 2¢ per lb. above 1961. The total value of
the State's wool output is placed at $23.4 million, compared with $23.5 million in

L I VE S T 0 C K
Cattle receipts at Fort Worth during the week ended Thursday, March 7,
totaled an estimated 4,200, which ISTittle changed from--aweek earlier but is-30°/o
below a year ago, reports the Agricultural Marketing Service. Trading on slaughter
steers was slow, and prices were lower each day through Wednesday, marking the s eveuth consecutive week of lower steer prices. Compa~ed with the previous week's
close, slaughter steers sold at prices which were mostly 50¢ to 75¢ per cwt. lowe r.
Good 815- to 1,215-lb. slaughter steers brought $21 to $23 per cwt., and Utility
and Commercial cows cleared at $14 to $16.50. Quotations for feeder steers weighing up to 600 lbs. were steady to 50¢ per cwt. lower than on the preceding Thursday ,
and prices for heavier animals were 50¢ to $1 lower. Good 500- to 700-lb. feeder
steers sold at $21 to $24.50.
Calf offerings of approximately 1,000 were 100 more than a week ago but
about the same as a year earlier. Prices for slaughter calves weighing under 500
lbs. were steady, while those for heavier animals were steady to 50¢ per cwt. lowe r.
Good grades of killing calves brought $23 to $2i~ per cwt., and feeder steer calves
weighing less than 500 lbs. cleared at $22.50 to $27.
The hog supply is placed at about 1,250, compared with 1,400 in the preceding week and 1,800 during the corresponding period of 1962. Trading was rather
uneven, and prices fluctuated. Closing quotations for barrows and gilts were fully
50¢ per cwt. lower than on the previous Thursday, with the bulk of the U. S. No. 1
through No. 3 Grades of 185- to 275-lb. butchers bringing $14 to $15 per cwt.
Sheep and lamb marketings, at an estimated 6,800, reflected decreases of
26°/o from a week earlier and 42% from a year ago. Demand was fairly broad for the
reduced supplies. Compared with the previous Thursday, closing prices for slaughter
lambs and wooled ewes were fully steady to 50¢ per cwt. higher; quotations for all
other classes showed little net change. Good and Choice 75- to 85-lb. slaughter
spring lambs sold at $18.50 to $19.50 per cwt.
During the week ended Friday, March ~' the major Texas commerc i al broiler
markets opened stronger and then continued to strengthen on Tuesday, reports the
State Department of Agriculture. Markets in both south and east Texas became about
steady on Wednesday; the east Texas market weakened slightly on Thursday. At Friday's close, markets in both areas were steady, with an unsettled undertone. Clos ing quotations in south Texas were 16.3¢ to 16.8¢ per lb., and those in east Texas
were 15.2¢ to 15.9¢, mostly 15.5¢ to 15.8¢. During the corresponding period in 1962,
the closing price in south Texas was 17.5¢, and quotations in east Texas ranged. from
16¢ to 17.3 ¢.
On Monday, March 11, commercial broiler markets were weaker in south Texas
and steady in east Texas. Prices per lb. were: South Texas, 16¢ to 16.5¢, mostly
16¢ to 16.2¢; and east Texas, 15¢ to 16¢.



Percent decrease from
week, 1962


Week ended
March 2, 1963

Texas ••.•..
Louisiana •.




22 states ..