OCR Text |
Show Readjustment Seen In Sheep Industry Financial organizations will have a marked influence on the readjustment read-justment of the sheep industry in the west during the next few years, according to a report just issued by the Utah State Agricultural Agricul-tural College extension service, prepared by the department oi agricultural economics. "Several years of low prices, heavy expenditures for feed last winter, high death oss, and a short lamb crop have so exhausted exhaust-ed the financial resources of some sheepmen that the control oi many western sheep has paused into the hands of financial organizations," organ-izations," the report says. The Utah economists observe that the peak of production in the sheep industry has apparently-been apparently-been reached and that the number num-ber will likely decline during the next few years. This development, they say, will be dominated by readjustments in the western states where about 70 per cent of the sheep are located. "The lamb crop in the United States in 1932 was eight per cent smaller than the crop of 1931," the reports continues. "This reduction re-duction was due to the decreased crop of the west, which was particularly par-ticularly heavy in the intermoun- tain region." Lack of feed, unfavorable wea-j ther and a high death loss resulted re-sulted in a 7.5 per cent decrease in the 1932 wool clip under the 1931 mark. However, in view of ' the large supplies of feed available avail-able in most feeding areas, conditions condi-tions appear more favorable for lamb feeding this year than last, the report predicts. |