Show eSQ aa bawa anddew S ASCENSION WORK 7 mw 15 list AU all farms for AAA payments operators urged farmers cooperating in the 1937 agricultural conservation program who own or operate more than one farm in a single county should make certain that all land owned or operated by them is reported in the application for payment the stats state AAA office has been informed by the western division william lam peterson director of utah extension service announced today mr air peterson explains that all farms on which the applicant shares in the principal crop including those on which a 1937 1 9 67 payment is earned and those on which the deductions exceed the payment must be included mr peterson calls attention to the following three cases where failure to meet these requirements will require filing a new application giving the information corn completely ely the first case is that in which an owner or operator fails to report all farms which he owns or operates at the time of filing his application for payment after the application has been approved by the state agricultural conservation office additional farms cannot be included for the purpose of receiving a larger payment the second case is where an applicant reports only part of the farms owned or operated by him and ha has 9 deductions on unreported farms which would reduce the conservation payments on the farms reported arted in these instances the application for payment cannot be approved and a new application must be filed where a payment has been made the amount of overpayment will have to be refunded and a new application for payment filed the third case is that in which an applicant disposes of or acquires any farm solely for the purpose of receiving a larger payment such applicants will not be eligible for conservation payments 0 livestock prices likely to remain near present level information received from the bureau of agricultural economics united states department of agriculture indicates that prices for well finished cattle and for lambs are likely to continue near present levels for the next few months william peterson director utan extension service said last week prices farmers receive for hogs hog gs however are expected to go down some as they usually do during the late fall fa 11 and winter months mr air peterson pointed out but even with this usual deceli decline ne hog prices are expected to average at least as high as a year ao ago the bureaus reasons for this ex expectation lecta include the prospects for a smaller tonnage of hogs for market than a year agnand continued good consumer demand for meats about an average corn crop is fairly certain for this year therefore with prospects for lower corn prices and a relatively high level of hog prices the hog lio g corn price ratio will be ve very r favorable for ho hog g feeding and ho bog production during the fall and winter seasons the improved feed aced grain situation also ISO points to an increase in the number of cattle and lambs fed this year particularly in the corn belt air peterson stated the outlook for sheep and lambs has changed but little during the past month will be larger this fall than in the past summer but the effect of these increased on prices will be largely offset by an expected strong demand for feeder lambs in the corn belt in mid september cattle prices reached the highest level in about 17 years largely because of the marked shortage of grain fed cattle in the slaughter supply prices of well finished cattle are expected to continue relatively high mr pet Pets peterson said at least until increased supplies of grain fed cattle become available next winter and spring stocker and feeder cattle purchased this fall will be much higher in price than a year earlier lie said but with much lower feed prices in prospect it is believed that the combined cost of feeder cattle and feed will be somewhat less than in 1936 37 on the other hand sir mr peterson added it is unlikely that prices received for finished cattle during the first half of 1938 will vill average as high asin as in the same period this year therefore cattle feeding will not be as profitable as it was last winter 0 poultry and egg outlook favors producer profits A more favorable situation is n sight for poultry men after the first of the year it was pointed 0 out ut tips this week by carl extension on the basis of the october poultry and egg situation report of the bureau of agricultural economics ample supplies of feed grains I 1 including nc luding wheat for poultry feeding and possibly higher egg prices as compared with those this year are arc in prospect mr said that eliat the more favorable feed situation as affecting poultry men is likely to result in a larger hatch in 1936 compared with 1937 but that the supply of poultry in the first half of next year will probably be less th than a n in the corresponding period this year increased production of fall and winter broilers this year was indicated by the bureaus report but mr quoted the report as saying that the price is not likely to be depressed to a corresponding extent in view of the generally reduced meat supply mr air reported that tha t the consumption of poultry in the first half of 1937 was much larger than in the corresponding of 1936 as indicated by the exceptionally tio nally large out of storage movement and by the large reduction in laying flocks from january 1 to july 1 this year but in the last six months of 1937 reduced consumption is likely because of smaller for the same reason consumption in the first half of 1938 is expected to continue low poultry storage stocks are expected to be less in the first half of 1938 than in the corresponding period of 1937 with probable smaller of eggs storage a ge stocks of eggs also are expected to be smaller in 1938 than they have been throughout this year the size of the farm laying flocks the report pointed out has fluctuated quite regularly in 3 year cycles the last low point being in the winter of 1934 35 it is expected that the winter of 1937 38 will mark another such low point but that by the fall of 1938 laying flocks will be larger than in the fall of 1937 0 wool situation is ISIe somewhat what unsettled the decline in wool prices during the past month together with the unsettled conditions in foreign markets leaves the question of wool prices somewhat uncertain the bureau of agricultural apicultural economics said today in its monthly review of the wool situation although prices declined in the domestic market in september quotations were largely nominal in view of the light trading domes tic stocks of raw wool are below average but domestic mill demand for wool Is less favorable than a year earlier the bureau said the total supply of apparel wool in the united states on september 1 1 plus that part of the domestic output which will become available in the next few months w was placed at about 15 per cent larger ar g er than a year ago when supplies were unusually small estimated sti mated supplies were smaller however than the average for september I 1 in other recent years the increase in supplies this year over last is due chiefly to larger lm imports in 1937 consumption of apparel wool on a scoured basis by united states mills in the first eight months of 1937 was 8 per cent larger than in the same months of 1936 and it was about the largest for the 8 month period since 1923 since consumption in the last four months of this year is likely to be smaller than in the same months of last year stocks at the beginning of 1938 probably will be considerably sider ably larger than a year earlier but may remain below the average of most recent years tha bureau indicated total supplies of wool from the southern hemisphere in the marketing season which is now open probably will show a slight increase ivr the previous season it was stated the increase in production which appears to bo be fairly general for tb ahr five fe pr principal in c I 1 producing countries will more mor e than offset the decrease in end of i season stocks in these countries total supplies however are arc not e pecked to exceed the for tle 0 five seasons 1931 32 to 1935 36 |