Show the livestock situation by J A mcnaughton the downward trend in hog prices tills this summer la Is giving everyone in the livestock business cause for concern edu cern hog prices last week declined to a new low since 1934 when choice butcher hogs i dropped well below ge a pound on the missouri river markets here on the los os angeles market as the i week closed the best grain fed hogs hoga were selling at a cat cwt this being about 3 a cwt cat or approximately 33 per cent under a year ago it is no secret that the drastic decline in hog prices was brought about by increased supplies As pointed out above the market prices tire are about 33 per cent under a year ago it is also interesting to note that actual slaughter of under federal eral inspection is running about 33 per cent above a year ago it might be pointed out that the increased supply of hogs bogs came about as a result of 0 old id establish ed rules of supply and demand which have ruled our agricultural production despite the many efforts of the federal administration to control production just what Is to be done about bellev lug ing the distress of american hog producers produce is Is open to debate there are many who bellve that if 1 permitted to do so the same old lawa of supply and demand will rectify the present situation growers inci eased creased their pork production through the st ulous of 0 profitable prices it is very possible that production will be decreased when production is carried along at prices that nee are not profitable there can call be no couba of the I 1 sincerity of those who believed that government control of crop production could be made to work there are many now who believe that government efforts did help but there are many others alio wh 0 feel that many hundreds of million cl dollars ollars have been wasted in creating it a temporary tempo iary panacea panacea many of the laws of nature tire are severe but it appears that man must accommodate conin ills hla actions to natures old established laws it is doubt doubtful if man can legislate the lawi law of supply and demand out of existence |