Show KEEP PRODUCERS INFORMED farmers advised to study market report rei I 1 in and out of season to keep posted prepared by the U S department of agriculture now can the farmer and stock ralser turn the live stock reports of the bureau of markets united states dopart department part ment of agriculture into dollars Is frequently asked the answer Is tor for the farmer to get so touch much information out of the reports that he can coli duct his breeding feeding and marketing operations a little more intelligently la in the future and therefore more profitably than in the past market reports are history and the chief value of history Is the basis which it provides on which to forecast the future in other words what has happened in the past w will III probably occur again under the same or similar circumstances small benefit Is generally derived from reading a single market report or one covering a short period of time markets move in cycles and the man who would keep informed must follow them thein diligently in season and out this Is a matter of particular importance to the stockman because his business Is to an unusual degree a longtime long time speculation lie ile must prepare now and lay his plans today in light of what he thinks the market will vill be anywhere from six months to two years hence but how will the departments reports assist him to in doing this first of all he should take into account potential supplies of the particular class of live stock in which he Is interested assume that cattle Is his noe line the monthly report stock fit at stockyards Stock yards gives the number number of cattle and calves marketed from month to month through 68 central markets if such movements are unusually heavy for any considerable time it may indicate a cattle shortage during the next year or two and a shortage of any commodity usually means higher prices this same report also shows the number of cattle and calves that went back to the country as stockers find and feeders it if such movements were exceptionally light it would help to confirm the belief that a comparative shortage la in cattle was impending on the other hand heavy stocker and feeder shipments would go a long way toward neutralizing the ImD importance ortance of 4 r market reports are read with much interest by progressive farmers the heavy receipts for the stockmen stoc kmen would know that most of these cattle going back to the country must be returned to market during the next nest few weeks or months and enter consumption channels having g established in this fashion a broad basis for his operations let us assume the stockman Is feeding a lot of steers for the market ue he must how now give dive market reports more careful and persistent persistent ersi stent attention than before it Is quite important that he be know what kind of cattle are to in best domand demand on the principal markets it there Is a steady inquiry tor for heavy finished cattle and that kind are selling at a premium over lighter weights it will probably pay him to feed his cattle ca atle out unless the cost of feed Is exceptionally high if however consumptive demand seems beams to be drifting steadily toward lighter retail cuts cute of meat or because of general business depression or some other cause Is centering chiefly on oil the lower and cheaper grades he may find end it more profitable to market his cattle at an earlier age and before they have attained great weight abundant information along this line will wilf be found both in the live stock market reports and the reports dealing with meat trade conditions in the large consuming cou suming centers in this connection the stockman will also be interested in keeping advised as to whether the slaughter of meat ts Is increasing or decreasing and whether the movement applies equally to all classes of meat or whether slaughter of beef Is decreasing wallo that of some other class clasa la Is increasing this information Is obtainable from the statistical lIcal report covering the it live toik and meat situation which la Is based on the federal meat inspection reports of the bureau of animal in austry and Is also published monthly by thit bureau of markets |