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Show ( Bureau Predicts Market Trends For Coming Year The larger feed grain productions this year will probably bring a considerable con-siderable increase in cattle fed this fall and winter and In slaughter cattle cat-tle marketed next spring, according to a report issued by the bureau of agricultural economics. The report shows that prices of the better grades of market animals next spring will suffer a greater than normal decline. Top cattle prices in Chicago last month reaches the third highest level in history, being exceeded only by the war-time prices of 1918-19. Prices of the lower grades of slaughter animals fell off considerably consider-ably last month as a result of the seasonal increase In marketings of these cattle. The market price for lower grade animals Is expected to remain relatively high during the early part of 1938, however, and because be-cause of tendency toward restocking, pi-lees of heirers, cows and calves nvc expected to remain high throughout the coming year. The bureau's farm outlook report Indicates that the present seasonal drop i the price of hogs will continue con-tinue throughout the fall months. Government economists expert a revival re-vival in prices by next spring, but, explaining that the anticipated shortage of hogs for slaughter will be overbalanced by a decline In consumer con-sumer demand, predict that KKifl prices will be little higher than those ; of this year. The bureau points out that, while the number of hogs mnr- ; kctcd will probably be .smaller thin j year, the total poundage, because of heavier feeding, will be as great In 1938 as this year. With regard to the snrep produi--tlon of the country this winter, the bureau's statisticians predict, that, marketings of fed-lambs will Increase, In-crease, but that slaughter supplies of all mutton and products will probably be no larger than this year. Trices, because of a weakened public demand, are likely to .suffer u decline early In the year. |