Show live stock values show heavy cuts inventory figures reveal loss to farmers prepared by the united states department of agriculture service inventory values of live stock on farms have been marked down nearly three billions of dollars in the last two years says the bureau of agricol tural economics united states depart ment of agriculture in its february report on the agricultural situation total flocks and herds increased 2 per cent in the last year but the total value of live stock dropped 4 on january 1 1931 0 o on january 1 1932 according to the bureau thus producers again saw a all uon and a quarter dollars wiped from the inventory value of their animals in a years time and due wholly to price decline says the bureau horses and mules were the only class of farm animals that did not increase in numbers last year the average farm value of a horse Is now only 53 there was an increase of 24 per cent in the number of cattle thus con the upward trend in production of beef cattle which has continued since 1928 dairy cows increased approximately head in the year but the num ber of young dairy heffers heifers decreased the average dairy animal Is now val aed at 40 compared with 7 a year ago there were more hogs on farms january 1 as compared with a year ago hogs in the corn belt in creased the average bog brought on january 1 this year compared with SG a year ago sheep have been increasing in number for ten years an increase of 1000 head being reported for last year the average value of sheep and lambs on january 1 was a head |