OCR Text |
Show greater consideration to financing sales of canned beef to Russia and the Orient. It might be argued that this would be far better than to turn beef into by-products, as it should net higher returns, and at the same time, open up new channels chan-nels through which our surplus beef might be sold in the future. It is doubtful if feed conditions in the normal cattle feeding areas are as bad as was indicated earlier in the year. Late develpoments indicate indi-cate that there will be a much better bet-ter corn crop than appeared possible possi-ble thirty or sixty days ago. There is plenty of feed for cattle in the big feeding districts in Colorado and western Nebraska. But the big trouble is that cattle feeding operations opera-tions during the past three years have not been profitable and the financing of cattle feeding is getting get-ting to be more and more difficult. THE LIVESTOCK SITUATION Los Angeles, September 10, 1933 The cattle situation Is giving real cause for concern these days. It appears ap-pears that there is a burdensome number of cattle that must find their way into meat channels during dur-ing the next few months. Government Govern-ment reports indicate that the cattle cat-tle population the country over has been gaining regularly during the past few years until present population popula-tion is the greatest since any records have been kept. This is in reference refer-ence to total cattle population, both dairy and beef stock. The final outlet for virtually all cattle is on the butcher's block. The greatest increases have been in numbers num-bers of dairy cattle. Beef cattlemen are looking with no little concern on discussions among dairymen which will lead towards reducing numbers of milking cows. This can mean nothing else than that more dairy cows would be turned into meat channels to compete with the strictly strict-ly beef type cattle. Cattlemen are bringing what pressure they can to prevent these dairy cattle from going go-ing into direct competition with their beef, suggesting that more of the dairy stock, especially the most common beef types, go into tankage and products other than beef. It is also suggested that the Federal Fed-eral administration might give |