Show the livestock situation by J A all In inductions dictions point to smaller supplies of beef cattle available for california markets during the next few months and possibly tor for the spring and summer of 1939 due to the broad demand tor for stocker and feeder cattle in the middle west vest this fall many ran range 6 cattle which ordinarily are pull pui chased abased for west coast replacements have gone eastward one of the leading authorities in california estimates that california ranges and feedlots feed lots will winter the smallest number of cattle in many years fat cattle markets have been unsatisfactory to feeders and range operators during most of 1038 1938 this Is the direct reason for lack of anth enthusiasm U on t the he par part t of californians forn lans ians in buying replacement cattle it is likely that california fornia feedlots feed lols lots including imperial valley grazing pastures will not carry more than GO 50 to 60 per cent as many cattle ns as to in the winter of 1937 38 at the present time feed lots lota are being emptied on a seasonal basis but due to u t factory margins over oer feeder cattle costs replacements agrenot are not by any means sufficient to take care of numbers being marketed the U S department of agriculture is authority for the prediction that the country as a whole will have fewer feer fat cattle for markets in 1039 1930 than in fit 1038 1938 and 1 it is it practical certainty that the west coast will have considerably fewer cattle tor for slaughter thus there appears to be ground for sound optimism ns as to the price structure although of course the general trend of business conditions t will ill have hae an all important bearing 0 on n the livestock price structure ilog hog prices pi ices continue to hold up tip we well 11 indicating a broad demand for or pork nt at prevailing prices it is indicated that numbers of lambs I 1 now low on feed are not biot large on enough ou gh to be burdensome and there Is some strength in the lamb market w with ith the result that the pres present e nt price levels are the highest since last april government forecasts are for another increase Inci ease in lamb supplies iipp lles in 1939 with indications that hat the total lamb slaughter for 1938 1038 may proe to be the lar largest gest oil ii record |