. Illinois farmers' outlook letter [microform]. Agriculture -- Illinois; Agriculture -- Economic aspects Illinois. 191^1+ CATTLE FEEDING PROGRAMS WED CLOSE SCRUTINY Cattle feeding programa are intended to take advantage of seasonal changes in cattle prices. Sta"bllized x^ttle prices will change the 19^4 price pattern frcm the normal seasonal pattern and from 19^5 prices (see charts "below). For example, ./ choice cattle should remain near the t-^p of their stabilized range, barring changes in ration point values, in terms of lend-lease purchase, or in government subsidies to packers.
. Illinois farmers' outlook letter [microform]. Agriculture -- Illinois; Agriculture -- Economic aspects Illinois. 191^1+ CATTLE FEEDING PROGRAMS WED CLOSE SCRUTINY Cattle feeding programa are intended to take advantage of seasonal changes in cattle prices. Sta"bllized x^ttle prices will change the 19^4 price pattern frcm the normal seasonal pattern and from 19^5 prices (see charts "below). For example, ./ choice cattle should remain near the t-^p of their stabilized range, barring changes in ration point values, in terms of lend-lease purchase, or in government subsidies to packers. This and the $ top for good grade cattle lessen the inducement for marketing cattle as choice in the late summer or early fall. Prices of lower f'radps were stabilized at seasonal lows, but the usual spring price advance can be obtained only by stepping cattle up a grade in the feed lot. Costs of gains comparec" with the price differentials between grades determine whether this is advisable. i --L. F. Stice CATTM PRICES: 19if5 PRICES, RANGE OF STABILIZED EHICES, AND NORMAL PRICES with high equal to top of range (dollars per cwt.) $17 16 15 14 CHOICE STEERS "rf-r 0 ^Zi-L ;-C Kcrmal seasonal I'll' I L GOOD STEERS $ JFMAMJJASOND JFMAMJJASOND $15 - 14 13. 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 campus). Extension Service in Agriculture and Home Economics; University of Illinois (Urbana-Champaign campus). Cooperative Extension Service. Urbana, Cooperative Extension Service, University of Illinois at Urbana-Champaign
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