OCR Text |
Show The 1930-1 Hog Outlook Numbers of hogs for slaughter during dur-ing the next marketing year that begins be-gins October 1st are expected to be somewhat smaller than during the present marketing year that ends on September 30, and average weights" will be lighter than they have been for many years. The short corn crop of 1930 and the present unfavorable unfavor-able corn-hog ration are expected to reduce both the fall pig crop of 1930 and the spring crop of 1931. This pr-bably pr-bably will postpone for at least a year the increase in hog production that would have started this fall had the corn production been average or better. Current storage holdings of pork and lard are considerably smaller than those of last year. Larger numbers of hogs In Europe Indicate a continuation continu-ation of the present unfavorable foreign for-eign outlet for American hog production produc-tion during the next 12 months. Domestic Do-mestic demand for pork is expected to strengthen somewhat during the course of the next crop year. Market supplies of hogs In September and . October probably will be relatively small and the proportion of the 1930 spring pig crop that will be marketed In early winter and during the remainder re-mainder of 1931, however, are expected to be smaller than In the corresponding correspond-ing period a year earlier. , Although the average of hog prices In the 1930-31 marketing year is expected ex-pected to be higher than that of the year ending September 30, 1930, it will be accompanied by relatively high feed prices. Conditions point to unusually un-usually small slaughter supplies in the year ending September 30,. 1930. at which time consumer demand is likely to have improved materially. |