Evening star., 1933-02-01
PRODUCE MARKETS
REMAIN UNSETTLED
Grain, Feeds, Cotton and
Live Stock in Higher
Price Range.

Farm products followed an irregular
nrice trend near the end OF January.
savs the United States Department o.
Agriculture. Bureau Of Agricultural
Economics. Market News Service. Grain
feeds. cotton and live stock were llttl1
higher than at the beginning OF tne
month but were holding only falrlV
steady at recent levels. Egg! cropped
about one-han, under liberal reccips,
during January, and the market is sti!l
unsettled and highly ;e1citive 10
weather conditions. Butter markets
also weakened because Of increa sing
fresh supplies and slow demand. Prices
of fruits and vegetables are not very
strongly held although recent change
has been slight.
Butter Prices Decline.
Further price declines were recorded
near the end Of January at tn, large
butter markets. Receivers IN general
were willing sellers of current arrivals
Operators in general have come to the
conclusion that more attractive prices
to the consume must be reacheo IN
order to stimulate the demand.
The market position CT fresh cheese
was generally weak at the end OF tho
month and prices dropped approximately
i, cent further in the large markets in
authorization of lowe" replacement ccSts.
Cheese production continued to eXceed
that of year ago.
Egg Market Depressed.
Prices at New York on Mitdle West
ern mixed cclor eggs grading re
handled receipts declined from 81 =
cents on January to less than nan
that price by the end OF the month.
The decline in prices OF "hlte eess
from nearby Eastern areas ana 1Ioiil
the Pacific Coast region was not qulte
so severe, averaging about Is 10 IL
certs or around 40 PEI cent. These de-
clines brought prices on t-iddle west
ern rlixed colors from 5 to 8i2 cents
above last years prices on January
down to about p to 2i2 cents belo"
those of last January depending upon
grade. Prices o. white eggs dy
had drorped back to last years level by
January | and the subsequent decline
lust about ecusled the declinc during
the same pcrioj last year. Prooaply
the weather will play more I'M
portant part than usual in determining
the trend
The market for soft-meatc5 chickens
for the present season is practically
over. Some Of the besc marks available
are so ccar1e in quality that consid-
er3b,e part of the receipts has brought
little better than stag prices. Inc
market on fowl was irregular. Small
sizes worked cut readily a. 2-cent cd
vance. medium at l cent, while the
heavier sizes were inclined to drag at
unchanged prices. Receipts were not
heavy. but the present low price 1or
eggs is expected 10 bring out increasing
supplies. Sentiment is somewhat mixed
with regard to the turkey market out
look for the next few weeks. but on the
whole a fairly stable trend is expected.
according to reports from Eastern
markets.
Live Stcck Markets Irregular.
The difficulty which distributors meet
in selling heavy beef carcasses and their
cuts was further emphasized in the live
cattle trade near the end of the month.
The Chicago market uncovered at times
new low prices dating back fOr period
of some 81 years Meanwhile. demand
for light cattle Of all classes and grades
proved equal to the supply and such
kinds moved actively, selling at greater
price premiums, ON a grade-tor-graoe
basis. over weighty bullocks than at any
previous time in recent years. The hog
market displayed stability of an en-
couraging character, but the fat lamb
trade proved cratic and showed sharp
er Determinations against weight than
at any previous time this season. The
maiketward movement expanded some
what, all classes of live stock moving in
heavier supply
Prices were maintained on steady
to-firm basis on the Boston wool mar
ket during the final week of January.
The trade on fine woods has been slow
ing down somewhat. while other grades
became slightly more active.
MilIfeeds Fairly Steady.
Demand for wheat feeds at most mar
kets was light near the end of January
and did not exceed SO cents per ton
Prices of cottonseed and linseed meals
tended upward. Linseed meal prices
have been on an uptrend since early III
January. advancing Sl.50 a ton. HON.
my feed lost some ground, and gluten
feed and meal prices were reduced
slightly at most markets.
Grain Market Dull
Continued duliness prevailed in do
mestic grain markets near the end OF
January and prices held barely steady
Further injury was reported in the
western part of the hard Winter wheat
region and in the Pacific Northwest
but this Strengthening influence was
Offset by weakness in foreign markets
and the lack of export demand. Mar
ketings were the smallest since last
Spring. but current arrivals at most
points were easily sufficient for trade
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