OCR Text |
Show CHEAPER PORK Record Hog Crop Indicates Cheap Pork The greatest number of hogs to be marketed in seven years will flood livestock centers in the next few months and will result in a big drop in pork prices across the retail re-tail counter, producers report. This year's pig crop of almost 106 million head is the largest for any year in "peace-time" and is second only to 1943's staggering record of 121 milli in. The increasing number of animals ani-mals going to market has already caused a considerable price slide. In July hogs were br.nging $23.95 a hundred pounds at the Chicago market. Last month the price was down to $19.75. One official of a big packing firm predicts that prices may slide to $17 or $18 per hundred by the middle of November or early December. |