Show november cattle markets A talk by C V wahlen delt deliver ivr cd ed over oser K KOA 0 A november 10 november noi ember is aa often called tile tie cleanup clean up month in the cattle trade at that time the tile ot of grass cattle from the western dwindles to small r eions cattlemen cull their herda herds and market the animus thel do not ant to carry through the the market supply of well finish cd ed cattle aa 13 usually at at low ebb and pr ces for that quality are relatively high the supply ot of lower grades is hely large and arid prices for them thern arc are correspondingly low this Is the season semon also when the larer nat on brull orull and find Int ernat onal livestock shows and expositions tire in progress and when the tile ll livestock estock industry proudly display displays its avill in lit tact fact Noi november ember marks the end of one cattle ear find and the beginning diming be of another tills this therefore seems to be an opportune time to take stock and review some tonic of the more important toe 10 tors toys that have a bearing on the present status ot of the cattle e industry the tile number of cattle in the lie united stiles stites have increased about 6 per cint since january 1 1028 most of this increase lilt taken pace place in the tile corn belt and in some of the tile states here othear Is a 2 major crop much of it has ben bettl in dairy stock chii increase has ot lot bet et reflected in slaughter rup supplies tupp plies lles inspected slaughter ot cattle derng the first ten tell month of 1431 amounting to 6 head as sightly st willer than during tile corresponding month months of 1030 1930 calf coll aughter LI during these months increased bv head nearly cattle blaul liter during septell SePt eln ber and october rai was mirly 8 per pet cent smatter than that in ill that per od ad last year and tal dile citte in ill november hw roiti il d rell bellm rel is lM fl 11 II haij COF CO F ard ald writer sa sla q ter fell roll off 33 55 per cent 1 tr first alra months at it the ind VMS lie tile to bov tl ti et pra pl nd ud in tile nine lears i ears for halir m r rm M aie ate 1 e steer s q ter ire aas 4 I 1 n nt 0 1 aaa e largest a c I 1 is lice IW aberi amerise e of both cattle and rd calica were ere f eli this byoir than last lase and taid ie total I 1 products i it ot of federally inspected beef decreased der eased tile per cipta of berf beef and veal was na N a tl it P r malic malle t in the 31 tor for which records are a as dry itry wt wither ither and hw hith tures last lost summer sui niner ser otilly reduced rollar reed in lit ciany of tl e u state this tilts resulted in agnic forced market jigs train those artlis when reed feed lind credit condl tons bennit hommr there seems to lit a tendency to hold back some sonic arthe catlie girat would non connoll noll lae lime been marketed markt mark pd ted during the last hall ot of the year r and mcder dc demand mand this ear his teen t I een reaker than it 11 VT viv lat de atte the gnp t piles of lov to priced feed feeds n the can lj arf rf ard favorable cattle teed tem laden latic n liable return cretu fron fattip a t t IP dt rini the last two to I 1 leitas e am credit anaf it a er lack of in tattle tattie feeding ha e reduced invest mci met 1 i i in cattle feeding thi rail fall sh pin ants of stocker and arid freder cattle from the 12 major 11 oi into the wen teen principal states from july to 0 ber t I 1 i car were about 3 per cent smaller than those for or the corresponding period of 1930 und and 20 per cent mailer smaller than the tile 6 5 ear average lor for those months since march 1030 the bed beef cattle industry has experienced two to of the sharpest price decline declines on record noth both of these declines were ere due lvell to reductions in con summer demand the first major decline lasted from froin march to ta mid august 1830 1030 and the average price of beef steers at chicago cago dropped from 12 53 to 9 4 A partial re coary corny occurred during the last halt of august this ans ns follo follower ned by a gradual price advance for hie the belter better grades of steers and arid helt helf ers cr by a stable lei leal 1 of prices tor for the loner erodes of 0 stern steers and bv a decline in prices of other oth r slaughter cattle during the remainder of that car ear in ill md d january 1831 1031 the second sharp adlino do allne got under way and as not checked until late in may this year the average price of all grades of beef steers at chicago during that period dropped from front 0 66 to so 68 and brought prices of most classed classel and griacs 1 of I cattle to the tamest levels in twenty years except for the decline during all the warm arm fler of at earl september Septem tvr the trend ef of prices for veil finished cattle has lias been since early july tins tilts ear during most of or this period prices for tl ti e lover ioner grades have been declining clining le end slid the spread between strictly gran ra n fed and courmon grassan fl ai biome unusually u nide ide atop A top of 1123 for the sea on FOU to dule dato ft as paid for prune prime heay steers tit at chicago recently laev I 1 week eck common grass steel 3 cold told sn in lo 10 ov as 3 BO 50 ft 1 I lie practically 14 all lo and year jn broi glit sit 00 or more in lit closing it night might be added that n very sers small proportion of the catie tie run Is bring ng prices indicated bi the high top toly but the relative pott loir lorr of the cattle in ln austry compared with that of most agrico tural taral enterprises 13 s as favo favorable ruble as when prices were on a much higher ful small sti yard yards itten often spread ho bog chobert animals anti rails that are bought or shipped shipp td d xv a feeders or tor for breeching purposes it ou buy hogi hogs in this way have five tin ani ant nials thoron lily cl d and immunized chI chiara Lra before bringing them in tile the rim |