The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1928-08-09

ton on the present hog situation
as any information that it is pos
siEle to get. There is continual
tendency for farmers to reduce
the violent up and down fluctua-
tons on hog prices by increasing
production when the Indications
are for low production and easing
up on production when the pro-
duction may seem to beApver done.
We believe every hog raiser can
well afford to give careful atten-
tion to this article.
NEW HOG PRICE CYCLE MAY
BE STARTING NOW
A favorable outlook for the
swine industry during the next
two years is indicated by the mid
summer hog outlook report of the
Bureau of Agriculture Economies.
Following is a summary of the
report:
The supply Of hogs that will be
available for market in the next
IL months is expected to be con-
siderably less than during the IL
months just passed, and indicat-
tions are that both the domestic
and foreign demand for pork pro-
ducts will show some improve
ments. A hog production main
tanned at the level Of 1925 and
1926, representing an annual ms
pected slaughter Of about $4,000,
600 head, or some 100000 less
than that indicated for the crop
year ending October 81 1928,
promises the best returns to the
producers of both corn and hogs.
Market supplies of hogs in the
summer and early fall of 1928 arc
expected to be about as large and
possibly somewhat larger than in
the corresponding period of last
year but of lighter average
weight. The decrease in weights
is expected to partly offset the
present large stocks of pork in
storage. Slaughter next winter
and spring is expected to show a
material decrease from the unus
ually heavy slaughter of last win
ter and slaughter next summer is
expected to be somewhat less than
that of this summer.
Some improvements in the for
eign demand for American pork
is anticipated largely because of
an expected decrease in hog pro-
duction in some of the European
countries. 1t seems probable, how
ever, that hog production in Eur
ope will continue on a higher lev
FL during the next decade than
during the decade now ending, and
This will result in exports in Amer
lean hog products during the next
10 year period being smaller than
during the last ten years.
The rise in hog prices which
started late in April, this year
is the beginning of a
new hog price cycle. The previous
cycle extended over a period Of
four years in which prices adcan-
ced from about 81 at the begin
ming of the cycle to about $14 at
the peak, and then declined to
about So at the low point at the
end.
The present hog price situation
and the anticipated supplies OF
hogs and hog products for the
next four months indicate that
the peak Of prices in the seasonal
rise. which usually takes place in
the summer and fall win be reach
ed by the middle of August and
that prices will continue at about
that level until the usual winter
decline begins.
In view of smaller market sup
plies and q probable Improvement
in demand for hog products, it is
expected that hog prices will be
on higher level next winter and
spring than during the same peri
cd a year earlier, but it is not
anticipated that prices will reach
the level attained in the winter OF
1926-27.
Hog producers are cautioned to
plan to stabilize production at q
reasonably profitable level and
not continue production on the
basis Of last years prices OF hogs
or corn. Should this years corn
crop turn out to be larger tnan
average and be low in price, ire
policy should be to hold more OF
the corn over for another year and
to plant less next year rather tnan
to plan to increase hog produc-
ton in order to take care OF 1ne
low-priced surplus corn.
JONES TRAINS CLUB
MEMBERS