The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1919-01-10

81, nroducts and with the memb
nrsign pork purchases
y" The conclusions of the conference
n,o entire marketing situation ha
HANGED since the September join
snfsrence as to necessitate an entir'
"" ,.,tion in the plans of price stabi
ssstion, The current peace talk has
p ,.rr,pd the holders Of corn, and there
''s heen a price decline Of from 2;
-, n 40 cents per bushel. The fac
=. thA accumuIations of low priced
: IN the Argentine and South Afri
would, upon the advent of peace
nd liberated shipping, become availa
~ 70 the European market has ere.
,tpd a great deal of apprehension on
=. mart Of corn holders. This decline
has spread fear among swine growers
NAT similar reduction in the prices
:, hogs would naturally follow. More
.,or tbe lower range of corn prices
ronId if incorporated in a 13-to-1 ra-
N obviously result in continuously
filling price for live hogs. In view
n these changed conditions many
,ripe producers anticipated lower
mces and as a result rushed their
hoes TO market in large numbers, and
His Overshipment has added to and
,rcrayated the decline.
The information of the Department
NJ Agriculture indicates that the sup
ny of hogs has increased about s per
pDt, while the highest unofficial esti-
mate does not exceed Is per cent. in
reased production over last year. On
he other hand, the arrival of hogs
during the last three weeks in the
even great markets has been q per
cent. more than last year, during the
corresponding period, demonstrating
be unusually heavy marketing of the
Eailable supply. In the face Of the
EceSSive receipts some packers have
not maintained the price agreed last
month. On the other hand, many
Of the packers have paid over the
price offered to them 10 an endeavor
b maintain the agreed price. The re-
Mlt in any event has been a failure
10 maintain the October price basis
determined upon at the September con-
tGenCe and undertaken by the pack
CN Another factor contributing to
be break in prices during the month
la been the influenza epidemic it |
aS sharply curtailed consumption of
york products and temporarily de-
1eaSed the labor staff of the packers
bout % per cent.
The exports of 100000 pounds
I pork products for October COM
AIRED with about 100000 pounds
october a year ago, and the
IpOr orders placeable by the Food
for November, amount
; 100000 pounds as contrast
with the lesser exports Of
SwOOOO for November, 1917. The
creased demands of the allies are
@analng, and are in themselves
TOOL Of the necessity for the large
Nduction for which the Food Admin
usnOn asked. The increase in ex-
y demands appears to be amply
~uent to take up the increase in
= Production, but unfavorable mar
conditions existing in October af-
ny no fair index of the aggregate
PpV and demand. K
Il must be evident that the enor-
9S shortage in fats in the Central
4pIeS and neutral countries would
T. 4
upon peace result in ad-
!. .0la demands for pork products !
4sl' on top Of the heavy shipments
~e Allies, would tend materially :
~VIeaSe the American exports, in ;
-uIi as nc considerable reservoir of
F y exists outside Of the United
,'s~ 1t seems probable that the t
y s,u' prospective supplies would be p
l to meet this world demand Il
ue return to peace. So far as it a
s - to interpret this fact, it APP Ii
- uat there should be even q Il
! ss9 demand for pork products e
h.. ut war, and therefore any alarm b
- rs producers as to the effect of Ct
: % uhWarranted by the outlook.
, - e Hght Of these circumstances c.
Ie conclusion of the conference n
n .eliipts to hold the price of hogs e.
A.. p'iCe OF corn may work out to CT
sh1 ahtage Of pork producers. OF
IN ~ :. conclusion that any interpre- tt
a VI the formula should be I'll
n. ssuged policy applied over b'
feron Ou' 1t is the opinion of the &C
fma we mat in substitution of the eft
g. pans of sterilization the
mi iO,A Subcommittee of the Agri- oil
sDo., A,u ~, Board, together with as
/ SHY invited swine representa- sc
Food accept the invitation of eff
Am. a administration to join with he
snniu lstration and the packers in pr
I'd as the prices at which con- in
win port orders are to be placed. ed
lce - - regularly done. The i'm to
4 ,a ~ lnese orders will be directed Sc
>a.s1 tehance of the common OBJ