OCR Text |
Show Good Year Ahead For Hog Raisers But Early-Marketers To Get Top Prices It U expected that 1954 will be a big year for hog producers. And, till prospect ii supported by the recent pig crop report and the outlook for consumer buying power. Market supplies between now and July are expected to be eight to ten per cent less than they were last year. This expected cutback grows out of the nine per cent reduction re-duction in pigs farrowed during the past summer and fall. The prospective reductions of 8 to 12 per cent In market supplies for the next few months would 1 1 i i i i i m j I 1 1 D MOO MUCH AT OttCAOO I I DUtMO PAST M Y1AU ' (MMtnnm 1 - m Jwia- - r i i i i iwr rnmii . . IIX iu MA. KjU JUU JfLI UL iUL ML Ml tU, This chart shows why farmers have been urged for months to get hogs ready for early marketing. Best prices were paid last year In July, also expected to be the big month for 1954. I raise prices by 12 to 18 per cent over last year's figures. The price-1 raising tendency of smaller sup-piles sup-piles may more than offset the; effects of any decline in consumer1 buying power. The 1954 spring crop Is expected to be four to six per cent larger than that of 1953, with market supplies showing a similar moderate moder-ate increase next fall. ! Some farm experts are advising advis-ing hog raisers to get their hogs to market as early as possible this year, pointing out that yearly peak prices have moved forward to August, Au-gust, when for years September was top month. Last year's high came in July and many forecasters believe that this will again be the best month, with prices dropping off as greater numbers are marketed during the fall. ! |