Show the livestock situation BY L A mcnaughton Const rising grain and ml liny buy prices tire giving stockmen stoc kmen nien and dalry inen HOHU cause for concern evell if 1 tile th collit of f attempting to t establish lit in their own whether tr or nut not feed prices will lie be so high na is to opportunity for profit iiri idt A k few days HK it 11 large cattle will 11 ll ito IR faeder waa lit in tit my office will asked somo some advice ili aiu told lold ino 1110 what lit lir MIN iw bid for ills liny mul aloof barley flad hield that lint lit lio knew lio ill would cmike it rood good profit if lie ho sold lila ilia tit nt present price ile iio wo wonder lider td if lio lie could inake a profit if lie ho feeding liiK cattle and hogs it libia been tle the of most stockmen stoc kmen kinen that hint the real mil profits lit in tile lin livestock business come fird feed prices art high biva ilse livestock and dalry dairy product prices tire correspondingly ly high lil fili it to ilia that tile lii ili imd til ill tile lie livestock 14 dorn does elther li nor the industry tiny good but tin tile annit who carries on oil ills fee fredlick fred liiK op year lit in and year out ont la Is ill alie whoso choso average profit carries him blin through there Is of course it temptation to sell noll feed but it Is ig well to keep ill mind lint flat if you tire to put yourself out of tile ille livestock thero Is inucci it to con coll sider annl tile filet that livestock Is thello unix that hint lina has nt fit nil 1111 times miles beell readily convertible into CUBIC it furnishes con coil employment tile very filet fact that food feed prices tire high ls proof alint supplies of liny and grain tire rather scarce by the same reasoning it proves that lint less lesa livestock enn bo be fell fed tho livestock Ilves tock grower or feeder la Is most interested flite in it the margin between cost and selling price and it makes very little difference what tile lie cost la 14 if tile the selling sel ing price la Is cliffle fell aly high to afford it n profitable working margin mie law of supply and demand Is ig to work for it always lias has worked lit in the past it Is 19 not lot tile intention of writer to give all ice lint but rather to present facts for what w hit t they are worth yet so many reail read ers cra have asked lily iny opinion on oil tile alio outlook for livestock Hv estock prices that there seems to be fair cause for mo ine to point out somo soma of the alie factors involved F from rant till all statistics available we have a very decided reduction lit in numbers of liggs logs in ill tills this country and ami it Is utterly supplies to reach burdensome nuin bera for a mutter matter of several leveral years year tho the con coil census of opinion throughout tile trade Is that we may expect it a satisfactory price condition in ill favor of tile producer for some time to come government buying of cattle lit in drouth areas Is continuing nt at nil an oil en armons rate and probably will continue dinue for tile the balance of the year another thing to keep lit in mind la Is the big percentage of cows that are being cut out of the herds under present conditions certainly the greater percent percentage ngo of the millions of cattle being purchased by the government are of beet beef type largely from range areas this must mean that wo we aro are going to have a period of years when supplies will bo be much smaller than during the past several years tile tho consumer wants beef and probably the price to be paid for fop beet beef will depend largely upon tile the ability of the consumers to fo buy frankly there are many close market observers ob servera who fear that prices will go too high for tho the good of tho industry it seems scorns logical that high feed prices mid and high livestock prices should go liand land in hand As usual there will be a premium on the efficient feeder who by good practices and utilizing tho the boat best type and bree breeding fling available will stand a clinice to make a profit I 1 doubt it wo we have over ever seen tho the wide margin that exists today on the eastern markets between common and good goad cattle tho the poorer classes of cattle are becoming less lesa each mor mar it and will pass out of trade channels which in fit itself will hall tile price structure for the better classes of cattle tills this process will eventually narrow the wide margin that now exists be bc tw the lie common and good kinds |