. Illinois farmers' outlook letter [microform]. Agriculture -- Illinois; Agriculture -- Economic aspects Illinois. .--*i»w,-. r-y-'-^i^jmi ^- « r c- THE HOG PRICE SITUATION By L. F. Stlce, Extension Marketing Specialist Last veek*s break in hog prices, the first noticeahle one since mid-January of 19^5> raises the question of whether hogs should be held to heavier weights or marketed now. The answer to this question depends partJ^Tupon the weights of hogs and the quality of com on hand. Prospective supplies of pork are not large Ih relation to demand. Storage stocks of pork on Novembe
. Illinois farmers' outlook letter [microform]. Agriculture -- Illinois; Agriculture -- Economic aspects Illinois. .--*i»w,-. r-y-'-^i^jmi ^- « r c- THE HOG PRICE SITUATION By L. F. Stlce, Extension Marketing Specialist Last veek*s break in hog prices, the first noticeahle one since mid-January of 19^5> raises the question of whether hogs should be held to heavier weights or marketed now. The answer to this question depends partJ^Tupon the weights of hogs and the quality of com on hand. Prospective supplies of pork are not large Ih relation to demand. Storage stocks of pork on November 1, 19^5, were down k^ percent from a year previous and the smallest on record. The 19^4-5 spring pig crop is 7 percent less than the 19^^ crop. However, there are indications that marketings have been delayed this fall and may be bunched more than nonoally in the winter months. Since last February, monthly receipts of salable hogs at the 12 public markets have been less than half of those of a year previous (see chart). But combined receipts for the first four days of last week at 12 public markets, I9 concentration points and 11 packing plants in Interior Iowa and southern Minnesota were nearly as large as a year ago. Although shortage of packing plant labor--one reason for the present price decline—may Improve after the first of the year, hog prices will likely remain below ceilings through the season of heavy hog marketings. MONTHLY RECEIPTS OF SALABLE HOGS AT 12 PUBLIC MARKETS SEPTEMBER 19^15 TO OCTOBER 191^5 # 2,500 2/000 1,500 .^^^ / 191^3-U1+ \ ./ \, J \ \ 191^1^-1^5 \.. \ ^ \__ 19^5-1^6 .^1 J K Sept, Oct, Nov. Dec. Jan, Feb. Mar, Apr, May June July 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 H
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