Show warm the 11 ate livestock jck situation by JA although nil all fact factions lons in the livestock industry aro are of tile l ton ion that tile tho next year or moro will w witness I 1 t n 0 0 9 comparatively moderate cattle receipts tile tho fact that range feed la Is moro more plentiful in most sections undoubtedly means the holding back ok oc liel heffers heifers fera tind thus assures the stability of the future boot beef supply the beef cattle business Is tho the greatest industry and 1 talu aliu principle source of income in niost of the western states thus thua it Is reassuring to realize that while wo we may have a lessened supply of beef la in improved range feed conditions will vomit tho the gradual re stocking of cattle ranges certainly tho the outlook for 1039 1030 is reassuring to nil all cattle feeders and cattle producers A rather interesting te sidelight on tho the attitude of cattlemen is tit the 0 often repeated fear on the part of producers that cantlo prices may advance to levels which might narrow the outlet for or beef producers realize that when prices get out of line consumers turn to substituted frankly there la Is nothing that any group can do to permanently overcome tho the laws jaws of supply and demand when bm f supplies are below belom require requirements menti it Is quite likely that those who aro are willing 0 to o pay the roost most for ft a product will get that product k b duct prom from tile the standpoint of tho the average producer and feeder it seems seema to me that tho the quality market 1 ii most worthy of our efforts there never tins been too muck much good beef for tile the good of the cattle industry as aa a whole aholt there should bo be no cause to worry about supplying plying the lower grado grade meats for it seems that there Is always a plentiful I 1 hope to see the day when the av era go 11 8 beef production la fat equal to the best wo we have and that would be ba the best in tho the world y |