The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1934-08-17
PRICES ARE
ON AN INCREASE
FEATURE BECAUSE OF FORCED
SELLING FROM DRY REGIONS

SAA~AAv VI
Prices of farm products made .
fairly strong showing at the end Of
July with rising trend for grain, cot
ton, dairy products and eggs. Live
stock continued the weak feature be-
aust of forced selling from drouthy
sections. Prices of fruits and vege-
tables showed the usual uneven
trends. Fruit supplies are increasing
Prices Of citrus fruits were about
steady. The potato market position
improved with lighter shipments.
It is in the livestock situation that
the country will feel the more lengthy
effects of this summers crop failures.
Not only are many pastures burned
brown, but farmers now face the Ger
tainty of high-priced grain and scarce
feed next winter. To the reduction al
ready accomplished in hogs is being
added an enforced selling of cattle and
sheep.
The total acreage of field crops har-
vested probably will be the smallest
in Is years, owing to acreage reduction
programs plus the effect of drouth. The
crops of corn, wheat, oats, barley, rye
and flax r expected to be the small
est harvested in this country in 30
years.
With fewer cattle placed in feed lots,
and with government purchases remov-
ing large numbers of the lower grades
that might be carried over and market
ed next year, the total supply Of cattle
for slaughter in 1885 is expected to be
considerably smaller than that of 1894.
The supply of well-finished steers
doubleday will be much smaller than
the unusually large supplies which came
on the market in late 1888 and the first
half of 1884.
Missouri river cattle markets BEGAN
the month IN a higher basis. Fat
lambs advanced a few days ago Is
cents to so cents. Hogs sold moderately
higher with the top at Kansas City 81
rs and at st. Louis $3.50. Comparative
~ few fed steers sold above $3.50 and
most straight grass cattle downward
from around $3.50. Replacement de-
mand improved and advances Of As
cents and more were general on stocker
and feeder steers. Slaughter grades Of
cows and heifers shared fully in the
steer advance.
The situation in the cattle market
next year will be very much like that
following the very short corn crops In
1924 and 1925. Cattle feeding wa e
duced because of feed scarcity, and sup
plies OF well-finished cattle for mar
ket were greatly decreased, with the e
suit that prices Of such cattle rose to
very high levels. Prices of the lower
grades, however, made very little adj
vance, and this resulted in an unusual.
" wide price spread between prices OF
the better grades and the inferior
kinds,
The sheep and lamb situation is very
much lk that of cattle. The droa,th
Is making it necessary for sheepmen to
reouce flock numbers and will cause a
large proportion of this years lamh
crop to be marketed in thin condition
Lamb feeding next winter NAV IL
greatly curtailed because Of feed caro-
ity, although the favorable returns from
!aSt winters feeding operations are on
to feed increased numbers
Domestic wheat prices advanced
rather steadily during July, with No .
nara winter wheat quoted JULY "a at: A
or more a bushel at the PRINCIPAL may
Kets. Spring wheat advanced more thar
Wlnter wheat, with ordinary proteir
DARK northern spring bringing m to
July. 'a'e "
n production Of wheat per capita
VI population this year is the lowest
oi record. The winter wheat crop is
sngntly larger than last year, but spring
wneat apparently will be only half a
oilllon bushels. Canadian estimates in
oicate a wheat crop there not much
ABOVE last seasons short crop.