. Illinois farmers' outlook letter [microform]. Agriculture -- Illinois; Agriculture -- Economic aspects Illinois. OUTLOOK FOR MEAT ANIMAL PRICES By L. F. St Ice, Extension Marketing Specialist The Bureau of Agricultuaral Economics makes the following significant points with respect to the outlook for meat animal prices in 19^6 and later years: In 19^6 supplies of low-grade "beef may exceed demand at present prices. Therefore, withdrawal of the subsidies now being paid to slaughterers on this grade of cattle probably would be fully reflected in lower prices to producers. For the upper gra
. Illinois farmers' outlook letter [microform]. Agriculture -- Illinois; Agriculture -- Economic aspects Illinois. OUTLOOK FOR MEAT ANIMAL PRICES By L. F. St Ice, Extension Marketing Specialist The Bureau of Agricultuaral Economics makes the following significant points with respect to the outlook for meat animal prices in 19^6 and later years: In 19^6 supplies of low-grade "beef may exceed demand at present prices. Therefore, withdrawal of the subsidies now being paid to slaughterers on this grade of cattle probably would be fully reflected in lower prices to producers. For the upper grade of cattle, the demand and supply situation is expected to be such that withdrawal of the subsidy will be partly absorbed by the producer if the ceiling prices on beef are removed. Also, prices of the lower grade cuts of pork, veal and lamb may decline from present levels in periods of peak supply. Hog prices are expected to average nearly as high in 19^ as in I9U5 if present ceilin^i^s and subsidies are continued, but are expected to decline in the latter psurt of 19^6 if the subsidy to hog slaughterers is removed. As meat production is expected to continue at a high level for sevearal years, variations in consumer incomes will be a major factor affecting meat animal prices in the immediate postwar years (see chart). PRICES RECEIVED BY FARMERS FOR MEAT ANIMALS AND NATIONAL INCOME PER CAPITA, , 1910-19^5* Income per capita $1,000 250 • r \ I \ rices of meat animals (Index numbers, 1909-1^»100). atlonal income per capita. Please note that these images are extracted from scanned page images that may have been digitally enhanced for readability - coloration and appearance of these illustrations may not perfectly resemble the original University of Illinois at Urbana-Champaign. Cooperative Extension Service in Agriculture and Home Economics; University of Illinois (Urbana-Champaign campus). Dept. of Agricultural Economics; University of Illinois (Urbana-Champaign ca
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