Show live cattle price program announced 0 the live cattle price program announced by fred M vinson economic stabilization director washington D C not only establishes top legal prices as a protection to the consumer but as a safeguard to the farmer places an effective support under live prices according to leland W redd chairman of the san juan county war price aud and rationing board under the directive issued by judge vinson choke choice grades of beef will have a price range of 15 to 16 per cwt cat good 1425 to 1525 medium 12 to 13 common 10 to 11 cutter and canner to bologna bulls and stags equivalent cutter and canner to without establishing a formal inflexible ceiling or without a formal floor price the grower gro and feeder has been protected against extreme losses which might occur in in periods perica s of heavy movement U under n de r the ne new w p plan 1 a n the blau slaughterer g h ter e r h has as no 0 in incentive ee n t i ve to b buy u y either above the ceiling or below the low price of the range since effective nov 30 any amount paid above or below the levels will be deducted from the amount of the subsidy paid the slaughterer A special subsidy to non proc essing slaughterers slaughter ers of per cat cwt will be paid to safeguard small enterprises and to keep in operation the facilities needed for adequate and meat supply instead of the subsidy payments of per hundred live weight regardless of grade payments to slaughterers slaughter ers whose beef is graded by an official grader will range from for common cutter and canner and bologna bull to for choice and for good this variation increasing the sp spread in prices between feeder grades and finished animals will encourage the continuation of essential feeding operations |