Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-08-19
LOOKS FOR RECORD
PRICES OIL
FEEDERS
Expert Lamb Buyer Writes Of
Rich Returns For Growers
This Fall,

NN'JNNA NllAu Will w VI WIZ
great interest to New Mexico grower,
and dealers is discussed by Il. Brack-
enbury, in the American stockmar
for this week in an article entitled
fan prices for feeding sheep" tn,
article predicts high prices and a pos
sible new record for thi class of live
stock. 1t follows in part.
Who will be bold enough To fore
east the market for feeding sheep and
lambs, who has information on which
to lase a belief?
While not attempting to quote
prices that win prevail this fan, yet
It viii be perhaps interesting to your
readers to consider a few points that
viii have some bearing on the situa-
ton.
First. then, let us take the range
mans point of view, the tariff bin is
signed, and wool prices are strong
and likely to continue so till the next
agitation. Feed conditions as regards
the range are as q rule good, in some
places the best for years. in others
just fair. but the general average is
b1llti nam uSuQl- IIlt luIllb crop
with a few exceptions is smaller than
an average, the southwest experienced
a drouth, which while HoW- broken,
lasted a considerable period and scri-
ously affected the lamb crop. which
for the whole of New Mexico will
probably average 81 per cent of the
ewes, OF about so per cent of a crop.
Wyoming had Il hard winter, cs-
p%eeially during the mating sclson ana
the same may be said of Colorado. in
both these states in our opinion the
crop of lambs is below normal. but ON
account of excellent summer feed will
make up to some extent in weight
what they lack in numbers. Person
ally | have little Information as to
Montana, but Idaho lambs will, as IA
rule, be in condition for the block
and not cut a very large fi~ur
the feeding lamb supply except OF our
Michigan and Eastern friends who
buy these early and before the feed
on this side of tn" Mississippi are
in shape to take on feeding stock.
The range MAJ looking over the sit
uation, expects a good strong price
lOI ittutl Idiiln0 anu III itltllN ttiStH *
in a position to carry over his hold
ing If prices do not suit.
The Wyoming range mar may fig
ure something like this
00. 000 lambs can sell at $500 per
head if held over;
cost of $50. 900
cost to run these for one year
1t $1,000 ...... 10000
$io,ooO
shear 6 lbs wool at &c, de-
Quoting 10 per cent loss:
900 yearling owes and wcth-
crs at $1.30 per fleece .$l1,7 700
'elts from sheep lost ..... 300
900 ycarlings, ewes and weth-
ers at $500 ........... 3G 5000
SiS,0OO
'ost of Investment ana cNponscSioo 900
let profit ...,.............. 5000
$4,000
IF, however, the cost of running tho
heep does not include interest on
lvostmcnt, this would materially re-
uce profit, and if range is scarce,
$ IN most localities, it may be i'm
ossiblc to run the sheep over so that
very many cases it may be the
policy to sell so that the prob
BILE result will be the marketing of
of the wcther lambs. but com
lratively few Of the eve lambs
In New Mexico IL Wc consider that
per cen Of the average crop Is
iually carried over, the crop being
lort To start with in many asses the
hole crop will be carried over. thus
aterially reducing the supply from
at source.
The feeder. however. replies. what
that to me. If | can't get stock at u
that will make a profit will not
~ lambs or other feeding sheep. If
has a lot Of feed this year. which
this writing appears likely. though
falfa mills are grinding away ana
Using the price of hay in the stack
d corn sells for good strong prices,
II he hates to see those fccd-lots
md empty. He made money last
ison while his noighbor Who fed
lost money perhaps. Sc he gets
figuring again. He made on his
Htp a prom pl 90 cents 10 40 cents, III
perhaps 800. His lambs cost him
1908. we will say $4.75 and weighed
pounds. Now at 500 advance. or
IS, each lamb would cost him 55c
re. II his feed viii figure 25 cents
$ than "A year & he should still
.kc a profit on lambs costing $5.15
SO 90 il he market at last seasons
am interested in the growing of
on the range. We have 5000
IBIS. probably we could contract at
,ents a pound range weights. or 6
IL weighed at Denver. freight paid
We viii o sell. but Will
~ them over.
am interested in a Kansas farm
| we feed sheep and I must con-
that ] balk at paying six cents
lambs. but deep down in my heart
re Is q feeling that II Wo raise a