Show i 7 Live stock Situ at lOlL i I LOS ANGELES Oct 15 Early IS-Early Early predictions of smaller fall faU market market- ings of cattle are being born out by the decreasing supplies reaching the markets following the cleanup of ot the grass cattle run run A well sustained demand indicates that a continuation of ot the general upward trend in price or at least the main main- maintenance maintenance maintenance of ot a strong position may maybe maybe maybe be looked forward to This being of course a continuation of ot the general cycle which h h we have been i te passing I through i In the t past three t I j years ears The demand for feeder cattle Is reported about the same as a year eBI ago ego with prices price somewhat higher but the tle situation is different In that heavy cattle to go In for short feeding periods are In broader de demand do- do demand domand mand than light weight cattle The price levels prevailing for heavy cattle should Increase the marketing Of ot f short fed offerings but on the theother theother theother other hand the good ranges this season will have ha a 0 tendency to hold holdback holdback holdback back large numbers of well bred cattle for re There seems to be no question but that the number of ot cattle marketing marketing- this fall will be smaller than han for tor this season during the past five fI years and it is even now being g g predicted ere ft d that next year will show a further de decline de- de time cline This situation of ot course will balance itself up to a certain extent as when beef beet prices reach a certain level other food stuffs come In Indirect Indirect direct competition with beef and through the switching of the demand to other commodities a reaction in inthe Inthe inthe the market is brought about It was recently pointed out In this connection by a 11 close observer that tha tIt It is not a satisfactory condition to allow v beef animal prices to reach the point where the prices of ot the finished product Is out of ot line with other commodities which are more or or less competitive e There is always danger m n a situa situs- situation lion tion like this In too to ways One Is that the high price levels will encourage too great expansion in production and by the same token the price levels might discourage consumer ample supply of cattle with a decreased decrease de de- i I mand as when the taste of ot the con con- consumer consumer consumer sumer swings from one load food stuff to another some times it is not so easy to bring back tle the per capita con con- consumption consumption consumption to normal t tIt It is evident that more Canadian cattle will be marketed in the United States tates within the next few months I than in preceding years attracted to these markets by higher price levels els There Ther doesn't seem to be anything alarming in the trend toward a a. reasonably increased beef beet cattle callie pro pro- production production production I as the bulk of ot the expansion is taking inking plate place in the hands of ot pro pro- producers producers producers who are stocking re their herds to make snake up the substantial decreases d creases resulting from the post war Hon period However two items worthy of con con- consideration from the producers' producers stand stand- standpoint standpoint standpoint point are that every effort eUort should be made to gauge production reasonably to meet the requirements of ot the con con- consumer consumer sumer and that price levels above e a certain point do not represent a permanent healthy situation as the reaction Is likely to be bad on the per capita consumption of ot beef beer which after all represents the consumer de demand de- de demand demand mand which plays so important a apart apart apart part in the production of meat food animals |