Show the livestock situation by J A Ue mcnaughton Naughton magnitude of the livestock b business I ness and its economic importance to the united states la Is brought out in III figures just released by the U S department of agriculture meat ali animals finals realized a cash income to stockman stockmen stoc stock kmen mou in 1937 amounting to this total represented a slight decrease from 1930 1030 when cash income from moat at animals was this decrease Is significant when it is remembered that livestock prices generally were higher than normal in 1037 indicating that the american Ame consumer paid fewer total dollars for meat tihan than in 1030 the decrease Is duc dua mainly to the smaller matter number of hogs marketed in III the country as a whole last year increased income from cattle and calves was reported in all of the far western states Ari zonas total agriculture income showed the laret increase lu in 1037 1937 over 1030 1936 of any state in ali the union the gain being 20 per dent when totals tor for all livestock sales are added to livestock products principally milk and butterfat tho the 1937 1037 income showed allowed a gala gain over the fahe preceding year total gross income being for 1937 against in ill 1930 of the eleven western ata fl tates tvs california had by far the largest cash income from livestock Ih estock and livestock products the 1937 income totaling second in this group was washington with income of in the united states as a whole well over 50 per cent ot of all cash income to farmers comes from livestock and livestock product product sales thus the degree of prosperity attained by the stockman stockmen stoc stock kmen meu and dairymen is of extreme economic importance to the bc welfare of the nation as a whole one of the amazing things about the livestock business is that all sales of 0 meat animals are on a cash basis this practice has always held good on the great central markets where cash must be paid for all livestock sold within a few hours after the animals have crossed the scales thus through the system built up at the great public stock yards over the country the nations several billion dollar livestock income means that actual cash Is going into trade channels each day in the year |