Show I 1 the livestock situation BY L LA A Mo NAUGHTON LOB ANd ANCI GELES GELVIN DOC dec C substantial In increase creaso lit in farm buying ill power in tho the western states Is by tile federal Ilo Ite servo of still san francisco this authority citing a gain of 28 percent in october of this year over the same month a year ago tills increase cornea colnes in spite of tho the decreased lilt as a result of smaller crops 1 in many western localities ithe alio result both of drouth and fetter federal I 1 reduction measures Ll prices are well over tile the 1933 fall 1111 anil 1 I winter averages increase in form farm buying power while important to farmers and stockmen stoc kmen kinen thein sofro gol veis i Is 19 equally important to busl bual and indu industry for flor tile tho very back backbone bono of costern business con idl tlona deponti depont dep iq upon farm buying mth the exception of lamba ln ill collie from livestock Is considerably greater than a year IM that hint tire now selling belling on the los loa market up lip to a cwt cat or 1300 for a hog selling tit nt it cwt cat or 1 per er lit bend ad it year ago nn an increase In creaso of 0 per load head but the samo same hogs tire actually costing the packer the market price plus plug the federal processing tax of a cwt cat making 11 ig the best butcher hogs cost tile tho pucker packer around 1625 1525 or more than it a year car ngo go it must bo be con that tills this Pr processing Messing tax lux which I 1 Is actually borno by tile producer Is returned to tho the producers who signed corn hog contracts through benefit payments so it will wil I 1 be 10 seen that the ailleo me of hog feeders eders ft Is far in excess of a year ago although tills this advanced ln ill conic come Is partly offset by higher priced feeds where the farmer fanner must buy its his feed we lve find that tile average run of fed steers are now soiling selling on tho the los angelest Ango lest market at around a cwt cat or for a 1000 pound fed steer TIL tills is compares with an all average of abound a cat cwt wt or for the samo same kind or oc a 1000 pound steer a year ago income of tile dal dairymen rymon also shows a marked gain bu butterfat Buttor fat which Is quoted at around 34 cents it 11 poun pound awaS was selling it a year ago for about half that sum tho the above figures do not by any mcants indicate that tile the stockman Is again resting easily in lila his saddle great sections of the western coun try are faced with very serious drouth conditions coupled with high priced feed tills this winter but thero there Is room for wide widespread optimism in livestock circles improved business conditions aro are reported on all aldea which means meana greater consumer 0 r buying power tho the very seriousness lit of tile the drouth has reduced supplies and will mean reduced supplies supplier for some years to come and in fit parts of tho the west particularly lit in california heavy rains havo have ns as cared satisfactory green feed feea on pit pastures Mures and ranges and greater water supplies plies for irrigation purposes |