Show the livestock situation by J A Ble Naughton all in dictions point to smaller supplies of beef cattle available for or california markets during the next few mouths months and possibly for the spring and suin itier of 1039 duo due to the broell demand tor for stocker and feeder cattle tit in the middle west this fall many range cattle cattie which ordinarily are arc purchased for west coast replacements have gono gone dust eastward ivard one of the leading authorities in ili california estimates that california ranges feed feedlots lots will winter I 1 tho the smallest number of cattle in ili utility many years fat cattle markets have beeri been unsatisfactory tol to feeders leeders and range operators during most of 1038 this la is the direct reason for lack of enthusiasm on the part of call forn lans ians in buying replacement cattle it Is likely that california feedlots feed lots including imperial valley grazing pastures will not carry more inore than 50 ra to 00 per cent as many cattle its as in the winter of 1137 1037 38 at the present time teed feed lots are being emptied on a sea bonal basis but due to unsatisfactory margins over fc feeder eder cattle coste replacements replace menta are pot liot by any means sufficient to take care of numbers being marketed the U S department of ag aarl rl culture ts Is authority forthe for the prediction that the country as a whole will have fewer fat cattle for markets markets lit in 1039 1939 than in 1038 and lt at Is IF it i practical certainty that I 1 the west went coast will have c considerably fewer feiver cattle for slaughter thus there appears to be ground for sound optimism as aft to tho the price structure although of courso course the general trend of business Im siness conditions will have tin nn important ocar boar ing dig on tile the livestock price structure t hop prices continue to hald up tip well indicating a broad demand for pork at prevailing prices it Is indicated that linn ibers of laabs now on oil feed tire are not largo large enough to td bo be bardl ansome and thero there Is apine strength 14 the lamb market with tho the result f that the crit 11 1 11 price levels art are the highest since last april govern ats ire arc tor for another 1 uc r ea w in i P f i supplies lit in 1939 with callons s that tile total with lamb aslaug h ter for 1038 way prove to 0 be alio largest on record i afi r 1 v i ta s ackt |