OCR Text |
Show Early and Proper Marketing Urged Prompt Cattle Sale J Urged as Necessity J Farmers are urged to give some. consideration to their cattle market- ' ing plans for the remainder of the year. Because of possible market gluts, M. P. Mitchell, at Purdue uni- -versity, calls to their attention the J following points: 1. Low grade beef cattle may be sent to market soon, before western cattle begin to move In volume. This would include cull aged cows ol 6 both the beef and dairy types, graz- . ing cattle that are not to be grain - fed nor kept for breeding, and, in some cases, surplus breeding cattle that are now on farms in ex- cess of the farm's normal carrying capacity. 2. Although beef cattle prices under the controls now in force may i not behave normally, there are good I, reasons for expecting prices of most grades of cattle, except the better it J t-v : J Texas Steers for Market a, ' grades of grain fed cattle, to work 1o lower levels. This is especially true at the time that markets & reach a glutted condition, in late summer and autumn. 3. Cattle now on grain feed probably will continue in a strong j' relative price position for the re-I re-I mainder of this year. However cosis gains in the feed lot are high relative to market values. There is. I therefore, not a great deal of in- j ducement for feeders to hold such 1 1 rattle for further price advances, k . Grain fed cattle, because of their scarcity, undoubtedly will be less af- d ; fected by market gluts than the l plainer grades of cattle on the mar- s r ket. Grain fed cattle will continue s I in strong demand. y I |