OCR Text |
Show Western Sheepmen Will Market More Lambs "Lamb production is at a high level and poor range. is 1, r8 W08tern sheepmen to market more than the usual proportion pro-portion of the lamb crop and Lo hold back fewer ewe lambs for fnr ?,mgSV S0 Says the u"coic tor the sheep industi-y which has Just been compiled by W P. Thomas, Thom-as, agricultural economist and C O. Stott, extension economist of the Utah State Agricultural college. col-lege. This outlook is available in mimeograph form for those who make inquiry at the extension service office at Logan. "Although world wool production will apparently be larger in 1931 than in 1930 it is improbable thiv present high levels of production wUl be maintained long at existing exist-ing prices. As in the past necessary neces-sary retrenchments are likely tc compel curtailment of expenditures expendi-tures for feed and cars and, under normal or adverse feed and climatic cli-matic conditions, these restrictions, on expenditures can be expected to reduce shoep numbers and wool production," the outlook continues. "The relative increase in do mestic wool consumption since November 1930 has been greater than the increase in cotton consumption con-sumption and is in marked contrast con-trast to the low activity in many other lines of industry. Wool i;. rather sensitive to changes in tiK general price level, usually falliny sooner or farther in periods oi general price declines and rising more in periods of recovery than the average level . of prices of all commodities. During the 1920-2! depression, wool consumption also started upward while activity in most other industries was still declining." de-clining." The outlook report gives an interesting summary of the world, national and state conditions as they affect the sheep and wool industry and should be cf interest to owners in helping them plan their year's activities. |