Show livestock situation los angeles july 2 A general strengthening tendency in livestock markets is adding genuine optimism to the livestock markets these days the best grades ot of red fed cattle are very scarce and are selling at prices that are netting satisfactory pio tits but the reassuring feature of the markets is the renewed confidence in maintaining the price structure due in part to lo some strength in values of hides and other packing house products byproducts by along with the stronger trend in prices of cattle and hogs ts is a generally higher level of 0 prices on feed stuffs Cali fornias barley crop is disappointing both in volume and quality according to reports coming coining in from the great grain growing fec aee tiona especially is this true in the sacramento valley where lain delayed planting last spring retail demand tor for meats Is holding up in good shape in southern california it might easily be assumed that it if present improvement in business and industrial conditions continues we may see very batistic tory prices tor for livestock as aa the year advances competition for or the better grades of 0 is reported in california as a number of middle western buyers are taking livestock both for immediate slaughter and tor for feedlot replacements unfortunately in most parts of Cali fornias cattle raising sections bovine tuberculosis has not been eradicated sufficiently to meet fedral accredited area requirements the result is that beet beef cattle which are purchased for eastern shipment to feedlots feed lots must be tested tor for tuberculosis before shipment may be m made ade however tho the state is rapidly being cleared of bovine tuberculosis and it is hoped that in future years when nhen demand tor for feeders materializes there may be no difficulty due to disease regulations i california cattle are rapidly going into feedlots teed feed lols lots for finishing on concentrates it is doubtful it if there is any danger of oversupply over supply of fed cattle such as were received id on the markets marketa in th winter of 1937 48 |