| OCR Text |
Show HOW THE LAMB MARKET BEHAVED IN 1925 poirp WEEKLY TREND OF FAT LAMB PRICES AND RECEIPTS) SP' PER JAN FEB!MARPR MAy JUNj JU'J AUG ISEPl OCT NOV DEg R"'E5"fJ HUNDRED - LEADING POUNDS 1 18.50 4QQ.O00 ,18 00 A 375000 V750 1 ?5ttpJ 17.00 I IpRICES RECEIPTS 325.000 $16.50 ' l j 300.000 .16 00 1 ! A 27S.000 gISSO l J ly I 2S0.00Q $1500 I IAaLJ1-UI Z25.000 M.OO U V UVU - A 175.000 $1350 U f fetEIPTS j 150.000 $13.00 ' 1 1 1 125.000 PRICES I-! II ' I r I I SEARS-R0E8UCK AGRICULTURAL FOUNDATION 00.000 THE prices fur lunil) have been relatively high in 1925, with lamb supplies avnilablo for slaughter only slightly below normal figures, according to an analysis of the lamb market by the Sears-Roebuck Agricultural Foundation In the sheep-producing stales pastures and ranges have been good. Condi Hons in the whole area west of the-Rocky mountains are vastly better than they were a year ago. The sheep Industry was much more profitable in 1025 than It was In 1924. Lamb prices in Chicago averaged $15.5 in November, 1925, as compared with an average of $.(;," for the same month in the five years from 1909 to 1913. The top price was readied in January, at $18.50 per hundredweight, and the low price of $12.50 came In May. Roth prices and receipts have fluctuated up up and down throegh the entire season, but efforts to expand production have kept market receipts down because ranchers were retaining their ewe lambs with which to replenish and increase their flocks. The number of ewes slaughtered slaugh-tered from July to September in 1925 is the smallest for that same period during dur-ing the last four years. The number of lambs on feed both In the corn belt and in the Western feeding districts is smaller than last year and some advance In the present price of lamb seems probable from now on. There will probably be a larger lamb crop, however, this spring and a moderately lower level of prices as these lambs come to markel during 1920. |
