Show Get Higher Prices ot ol- ol Feeders of cattle are in different position than they were a year ago due to the higher price levels of feeders feed feed- el ers and stock cattle Practically every feeder who purchased his stuff anywhere anywhere anywhere any any- where near ri right ht last year ear came out in good shape as he was doing business business busi busi- ness on a rising market and brought them back with a spread between their cost and selling pi price ice ce which has been recorded but few times in the past The b breeders did not benefit from the raise in cattle prices S as ash s t h quickly quICy as the feeders us UIS meir ui VI oper- i- i is of necessity a slower one and not so flexible as feeding operations with their quicker turnover For this reason the breeder received comparatively comparatively low prices for his feeders last year while hile the feeder enjoyed the result re- re suit sult of the rising market This year however the breeder is selling his product to the feeder on the Lasis of present high price levels and b by virtue of of this is enjoying earnings earnings earn earn- ings which will in a measure compensate com corn for the lean years just past standpoint standpoint stand stand- However from the feeders feeder's point he must operate in a much much more morl careful manner with the high high- higher er priced class of cattle which he i U is handling even though he is able to maintain a spread between the cost of the feeders and the amount he receives receives re re- for his finished stock in line with ordinary years ears |