. Illinois farmers' outlook letter [microform]. Agriculture -- Illinois; Agriculture -- Economic aspects Illinois. m Price* $16 HOG PRICES AND RECEIPTS. 1957 1958 1959 19^0 19^+1 ^Average cost of barrows and gilts, Chicago (per cvt.) **Live-weight, federally inspected slaughter, (million lbs.) ***Number of hogs on farmn Jajnuary 1 fmillions) 19^2 19^3 THE HOG SITUATION The average price paid for barrows and gilts at Chicago during May was $li|+6 compared to $ in April and $ in May I9I1-2. Slaughter during May is estimated to be about 15 per cent more than in April and about 2
. Illinois farmers' outlook letter [microform]. Agriculture -- Illinois; Agriculture -- Economic aspects Illinois. m Price* $16 HOG PRICES AND RECEIPTS. 1957 1958 1959 19^0 19^+1 ^Average cost of barrows and gilts, Chicago (per cvt.) **Live-weight, federally inspected slaughter, (million lbs.) ***Number of hogs on farmn Jajnuary 1 fmillions) 19^2 19^3 THE HOG SITUATION The average price paid for barrows and gilts at Chicago during May was $li|+6 compared to $ in April and $ in May I9I1-2. Slaughter during May is estimated to be about 15 per cent more than in April and about 25 per cent more than in May 19^+2. The number of hogs on farms January 1, I9U3, was 75,660,000, an increase of 22 per cent. Receipts will continue to be heavy, but the demand is excellent. Civilian consumption will be regulated by variations in point values. The government expects to buy up to 35 or kO per cent of total pork production. During the first quarter of 19^3, the U. S. Department of Agriculture purchased 550 million pounds of pork, dressed weight. This was a substantial increase over a year earlier. Farmers have price protection to the extent that the government promises to support the price of 2if0-270 pounds of good to choice butcher hogs at Chicago at $13-75 until September 30, 19^. The hog-corn ratio, at about at Chicago, is quite favorable to tho hog producer. The only serious problem is the ability to obtain ©nouch feed to support tho greatly expanded livestock enterprise. /. 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 Agri
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