Show the livestock situation BY I 1 A Mo NAUGHTON LOH AN IS livestock prices june exhibited great strength dur hig the early curly illys days of 1935 fulfill fuI fIlI i ing prophecies clea of many members inen ibera of 0 lio ito trade who predicted pal letca rising commodity values lit in the alio early part of 1936 1935 the past week lins hils acu reen ecu hog prices on oil the carlets mar lets shoot to the highest levels the alio summer of 1931 top steers sell nt at the highest kince the fall of 1931 mul and red fed inniss fit at higher prices thau than prevailed during nil 1111 of 1933 most lins hits boon tile rnald advance in ili log pric with host best butcher hopa hogs now selling on oil tho los ios angeles market at 8 n pound and oon even higher tills that tile packer after paying tho the lierni processing tax of avi 2 conti cents a point pound Is paying 10 to 10 cuts cents a pound for llo live hogs hits compares comp nn with a top price or ol 01 4 cents n pound nt tho the outset of 1934 it appears nii oars that wo have a con sider ablo period of very ery small bog lloa lit in sight crop forecasters indicate a decrease of oc about 18 48 per cent lit in tile tho fall pig crop of 1934 and a dec decrease do creaso rense of a bout 35 per cent in ili the combined combi hill full and spring crop of 1934 from tile total in ili 1933 A further de creaco of 17 per cent in tho the number of owa sowa s to farrow in the spring of 1936 1935 from tile the small crop last year li anticipated on oil tile whole market supplies of hogs hoga for 1935 aro are expected to io be tho the smallest emal lest in 35 years eais with feed supplies in ili the greater part of tho the pork producing country expected to continue very cry light until crops crop can call bo be harvested into next summer it la is likely that decreases in 1936 1935 production wui will lt be oon even greater pi eater than government reports indicate As may bo be when prices advance rapidly some reactions nio are to bo be expected hut but there Is no lie in tile minds of those lit in clo close ao 40 touch with etli conditions condl tlona that arices ditc itc i are likely to continue on a general ci noral upward trend while im proved llod business conditions may bo be pe bcd to provide somo some increase in fit purchasing power it would be unfortunate if pric prices advanced to such levels ns as to make tho the price of molts prohibitive to a largo share of our population As it stands tile tho necessary rl retail tall price of pork lios has till nil ready advanced to levels that make this product too exiva expensive sivo for ninny many Ny working people while livestock producers are naturally anxious to obtain prices that will return some profit the rank mid and file of stoc stockmen kmen do not lot want war prices as they know knew it always leads back to over prodoc tion mid and a reaction that Is liann harin fill to all interests last years record drouth accompanied by government crop restrictions aro are responsible for tho the present shortage olf elf ineat foods it Is wild said that vach week tile the just the samo same imin bors of dollars for fop food when I 1 supplies art scant tile alio price per 1 round rlue but tit total number of dollars probably loca aloes not change vory inucci yet it ib mean that those who are fortunate fortun nto enough to have fack to arll are ablo able to inake it profit |