Farmer's magazine (January-December 1920) . -siderable volume will not enable the Northwest toreclaim its bovine pilgrims of 1919 as no aged cattlewent back. Canada contribu:ed to this gigantic andunprecedented exodus, whole trainloads of Albertacattle having been forced to go south in quest of feedlast fall, and these also will be matured in Kansasand other pastures to go to the shambles this fall,so that the net loss is enormous. Conservative es-timates place the decrease in cattle population overthe Northwest as a whole, at 40 per cent, during thepast 12 months, creating a gigantic restocki


Farmer's magazine (January-December 1920) . -siderable volume will not enable the Northwest toreclaim its bovine pilgrims of 1919 as no aged cattlewent back. Canada contribu:ed to this gigantic andunprecedented exodus, whole trainloads of Albertacattle having been forced to go south in quest of feedlast fall, and these also will be matured in Kansasand other pastures to go to the shambles this fall,so that the net loss is enormous. Conservative es-timates place the decrease in cattle population overthe Northwest as a whole, at 40 per cent, during thepast 12 months, creating a gigantic restocking taskthat will tax the financial energy of these livestockraising communities for several years to come. A Big Shrinkage of Cattle and Hogs PREDICTION of diminished supply has been made?*? good. During the first half of 1920 receipts attwenty markets showed decreases of 550,000 cattleand 2,250,000 hoys, compared with the correspondingperiod of 1919. The pastoral region west of the100th meridian is credited with 40 per cent, less cat-. There were 550,000 less cattle marketed the first half of this year than forperiod last year. Are we riding to a cattle shortage? tie than two years ago, estimates on the number ofcattle to be caught in the 1920 beef round-up, rang-ing from 40 to 50 per cent, less than last year. Texashas lost part of three calf crops and in the north-west drought and winter severity has materiallyreduced beef production. On the other hand liquida-tion is the order of the day; banks are calling loans,not even hesitating at forcing sacrifice of femalesand young stocks so that what may happeyi this sideof December is highly speculative. In trade circles,however, an opinion is developing that the industryhas been through the worst of its post-bellum vicissi-tude. If the financial situation improves the Westwill shut up like a clam so far as cashing immaturecattle is concerned, but when such institutions as thePennsylvania railroad and Armour are under thenecessity


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Keywords: ., bookcentury1900, bookdecade1920, booksubjectagriculture, bookyear