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World hog and pork prospects
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Permanent Link: http://ufdc.ufl.edu/AA00013004/00001
 Material Information
Title: World hog and pork prospects
Physical Description: v. : ; 27 cm.
Language: English
Creator: United States -- Bureau of Agricultural Economics. -- Division of Statistical and Historical Research
Publisher: Bureau of Agricultural Economics, Division of Statistical and Historical Research
Place of Publication: Washington
Frequency: monthly
regular
 Subjects
Subjects / Keywords: Swine -- Statistics -- Periodicals   ( lcsh )
Pork industry and trade -- Statistics -- Periodicals   ( lcsh )
Genre: federal government publication   ( marcgt )
periodical   ( marcgt )
 Notes
Dates or Sequential Designation: - HP-83 (Oct. 1936).
General Note: Reproduced from typewritten copy.
General Note: Description based on: HP-8 (July 9, 1930).
 Record Information
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: aleph - 026660448
oclc - 30588199
Classification: lcc - HD9435.U5 A25
System ID: AA00013004:00030
 Related Items
Succeeded by: Hog situation

Full Text





iiP
'III


ITV.OF F PT

IRE

"?EPOSITORY


i,


UNITED STATES IZPARTIMET OF AGRICULTU
Bureau of Agricultural Economics
Washington


.
January 17, 1934

S" WORLD HOG AND PORK PROSPECTS

: iii : sunmarj

Bog numbers it Germany at the end of 1933 were estimated to be the

Ite est on record. The increase over a year earlier was 4 percent, but the

:ast estimate Is only. slightly larger than that at the end of 1931. In

lited ,States a decrease of 3 percent in the 1933 fall pig crop compared

S192 as indicated by the December Pig Crop report. A decrease was also

t.04 4 the number of sows to farrow in the spring of 1934.

6414. Sog prices declined during December in both domestic and foreign markets.

...Erage price for the month in the United States was only slightly higher

l i!b.y low level reached in December 1932. Inspected slaughter in

. .intry during the period from October to December 1933 was about the

w.s a year earlier. Slaughter supplies during the remainder of the winter

fl ea9ected. to be smaller than last year.

recent announcement from the British Government indicates that fur-

fredudetona in the quota for bacon imports from non-Empire sources are

.jh templated during the first half of 1934. British imports of bacon in

i uer wero much smaller than a year earlier, but imports of ham were only

y(gt smaller. Lard imports into Great Britain continued relatively

during November and December.

United States exports of both pork and lard during Novepber were oan-

brderably larger than in the corresponding month of 1932. Shipments of all

h. og products from the principal United States ports during Decacmbpt showed

;J : marked increase over the same month of 1932.

A N;


-J







HP-50


United States

After declining steadily through November hog prices continued to.
weaken during most of December. In mid-December hog prices at Chicago were
only about 25 cents per 100 pounds higher than the record low level reached
in December a year earlier. Some recovery in prices, however, occurred in
latc December aid early January. The Chicago average price for the entire
month was $3.25 per 100 pounds compared with $4.04 in November and $3.04
in December, 1932. Slaughter supplies of hogs during the month were about *
the same as in November and in December a year ago. The processing tax on
hog slaughter was raised from 50 cents per 100 pounds to $1.00 per 100 pounds
effective December 1.

Hog slaughter under Federal inspection during December, totaling
4,530,000 head was less than 1 percent larger than in November, but it was
1.2 percent smaller than in December, 1932. The month of December had two
less slaughter days in 1933 than in 1932, consequently the slaughter per day
in December 1933 was greater then t.nat for the month a year earlier. In-
spected slaughter during the 3 months October to December 1933 was about 1
percent or 122,000 head larger than that of the corresponding months a year
ago. Average weights of hogs slaughtered during the last 2 months, however,
have been lighter than a year earlier. Most of the hogs marketed in the Octo-
ber to December period are from the pig crop of the preceding spring. The
proportion of the total spring pig crop marketed from October to December
probably has been larger than usual this ye.r. The relatively high corn
prices compared with hog prices have discouraged the feeding of hog's to heavy
weights, and. the very low level of hog prices has encouraged early marketing
to some extent.

The processing tax on hog slr-uhter, which"was levied in connection with
the hog production control program of the Agricultural Adjustment Administra-
tion .1as originally scheduled'to be raised to $1.50 per 100 pounds on
January 1, 1934. This increase, however, was postponed until February 1.
According to present plans the tax will remain at $1.00 per 100 pounds
.through January, and will be $1.50 through February. The rate of tax will
be raised to $2.25 per 100 pounds cn March 1, 1934, which rate will continue
through October, 1934.

Corn prices averaged higher in December than in November. The aver-
age price )f No. 3 Yelloi corn at Chicago for the month was 46.5 cents per
bushel cnrpared with 44.4 in the preceding month, and 23 cents in December,
1932. The higher average corn price along with the decline in hog prices
resulted in a sharp drop in the hoj-ccrn price ratio. Based on farm prices
rs of the 15th of the month the ratio for the Corn Belt States in December
was 7.5. This ratio was the lowest for the month in years since 1910 for
which records are available, and it was the second lowest for all months dur-
ing this period, It is noteworthy that while hog prices in Chicago in Decem-
ber were only slightly higher than in the corresponding month a year earlier,
corn prices at the same market were about twice as high.

Wholesale prices of fresh pork strengthened sometwha.t during December
after having declined through November. Prices of most cuts of curedtpork,
however, were steady to lower during the month, and lard prices also weakenei
during the last half of December. The composite wholesale price of og -
A: .


-2-.







HP-50


products at New York in December averaged $11.09 per 100 pounds compared with
$11.85 in November and $9.41 in the corresponding month of 1932.

A decrease in the 1933 fall pig crop of about 3 percent was indicated
by the December Pig Crop report recently released by this Bureau. A pros-
pective decrease of about 8 percent in the number of sows to farrow in the
spring season of 1934 compared with the number farrowed in the spring of 1933
was also shown in the report. The table on page 5 shows the estimated number
of sows farrowed and pigs saved in the fall seasons of 1932 and 1933 for the
United States and its principal geographic divisions. The estimated number
of sows to farrow in the spring of 1934 and the estimated numnbr farrowed in
the spring of 1933 are also shown.

The decrease in the total fall pig crop in 1933 was largely the result
of a reduction in number of pigs saved per litter since the number of sows
farrowed was but little different. In the NIorth Central States (Corn Belt)
there was an increase of 4 percent in the number of sows farrowed in the fall
season of 1933 compared with the number farrowed in the fall of 1932, but the
number of pigs saved ',as about the same. In all other groups of States there
were decreases both in number of sows farrowed and in nurabcr of pigs saved.

Decreases in number of sows to farrow in the spring of 1934 compared
with the spring of 1933 were reported for all of the major geographic divi-
sions of the United States. For the Corn Belt States the decrease was 6.3
percent, but there was wide variation in the chaij7ts front last spring in the
several Stctes of this group; such changcs ranging from a decrease of 35 per-
cent in South Dakota to an i-.crease of 4 percent in Iowa. Decreases were re-
ported for all other States of this group, except Nebraska where no change
occurred. In general the changes estimated from the spring of 1933 tend to
reflect the corn supply situation in the different States.

The changes estimated in the 1934 spring farrowings do not take into
consideration the effects of the hog production control program of the Agri-
cultural Adjustment Administrtion -which lhas been initiated recently. The
estimates represent changes which probably woald have occurred without the
control program, although reports from farmers on which the estimates are
based may have been influenced to some extent by the :;cowlede of this program.
In general, however, the changes are what might be expected from the present
low price of hogs, the short corn crop., and the very unf.voraole relationship
now existing between hog prices and corn prices.

United States exports of both pork and l.rd during November were con-
siderably larger than in the corresponding monthh of 1932. Pork exports for
November were the largest for any month since !...y 1931, and lard exports were
the largest for Novumber since 1929. Shipments of bth pork and l.rd from
the principal ports during Ducomber were matcrir.lly largrLr than in the same
month a year ago. The decline in the exchange value ..f the dollar has been
iI important factor in the increase in the experts of lh) products during
recent months, and during the last 2 monthss the rebate of the equivalent of
the processing tax on exports of pork and lard also has stimulated such exports.
A prospective increase in ocean freight r.tus on hog products mav also have
been a factor in the larger shipments during Decomber.






HP-50 -4-

Exports of hams and shoulders during November amounting to 71626,000
pounds were about 32 percent larger than in Octuber and 23 percent larger
than in November, 1932. Most of the increase in the shipments of these
cuts was in the exports to the United Kingdom. Trkings by that country dur-
ing the month were about 28 percent larger than in October, and about 25
percent greater than in November a year ago. The increase in the shipments
to the United Kingdom for the month, however, are not especially significant
since the total shipments for period ending February, 1934 are limited by
an import quota. The increase during November, therefore, probably resulted
from an increased demand for hams for the holiday trade, and such shipments
will be later reduced considerably to keep the total for the period within
the quota.

Exports of bacon daring November of 2,590,000 pounds were the largest
since October, 1931, although much below the level during post-war years prior
to 1931. Bacon exports to Germany in November amounting to 825,000 pounds
were unusually large. Shipments to the United Kingdom continued relatively
small, but shipments of bacon to Cuba during the month were the largest in
more than a year.

Lard exports in November totaling 47,784,000 pounds were slightly
smaller than in October, but were about 30 percent larger than in November,
1932. The following countries were the important export outlets for United
States lard during the month end shared in the trade in the order named:
United Kingdom, Germany, Netherlands, and Cuba. All of these countries took
larger quantities of li.rd in November than in that month a year earlier.

From the standpoint of prospective slaughter supplies, the hog situation
during the remainder of winter marketing season appears more favorable than
the situation which prevailed during the last 3 months. Inspected slaughter
of hogs during tne period from January to May 1934 is expected to be smaller
than in the same period in 1933, in view of the large number of pigs
slaughtered for government account last August and September as a part of the
hog production control program. Because of tne very large proportion of pigs
included in the emergency slaughter which normally would have been marketed
after February 1, it now seems probable that most of the reduction in slaugh-
ter supplies resulting from the pig slaughter will occur between February and
May, 1934. If as a result of the short corn supply and the relatively un-
favorable Log-corn price ratio, a l-rger than usual proportion of the fall
pig crop should be marketedd in April and May, the effect of the pig slaughter
program on commercial slaughter supplies might not be entirely apparent until
next summer.

The hog market during the next 2 months probably will be strengthened
to some extent by the relatively large purchases of hogs beinr made, and to
be made, by the Federal Surplus Relief Corporation in cooperation with the
Agricultural Adjustment Administration, for relief purposes. During the first
half of January these purchases will approximate 10 percent or more of the
slaughter under Federal inspection. Such purchases will be continued in
some form during the remainder of January and in February in quantities yet
to be determined.







HP-50 -5-

United States: Fall pig crop, by geographic divisions, 1932 and 1933

:Sows to be farrowed
Fall pigs saved : Fall pigs : Sows far- :spring 1934 con-
: (June 1 Dec.l) :saved per : rowed ii, :pared with spring
S: litter :fall (June-:1933 (Dec. 1 to
Geographic :_: :1 to Dec.1): June 1)
division : : .1933 / : : 1934 2
:Per- : : : : : :Percent-
:1932 :Total :cent-: 1932: 1933: 1932: 1933: 1933:Total:age of
age of: : : : : 1933
;: : :1932 : : ::::
SThou- :Thou- : Per-:Num- :Num- :Thou-: Thou-: Thou-: Thou-: Per-
:sands :sands :cent :ber :ber :sands:sards: sands: sands: cent

'North Atlantic : 655: 616: 94 : 6.4 : 6.3 : 103: 98: 103: 93: 89.6
East North : : : : : : :
Central .......: 8,884: 8,690: 98 : 6.4 : 6.2 :1,383:1,413:2,019:1,818: 90.0
West North : : : : : : : : :
Central .......:11,754:11.952: 102 : 6.0 : 5.6 :1,967:2,063: ,953:4,712: 95.1
Total North : : : : :
Central .....:20,638:20,642: 100 : 6.2 : 5.9 :3,350:3,476:6,972:6,530: 93.7
South Atlantic..: 2,372: 2,155: 91 : 5.8 : 5.7:: 411: 377: 480: 446: 92.9
South Central...: 4,764: 4,113: 86 : 5.9 : 5.8 : 810: 715: 917: 721: 78.6
Mountain and : : : : : : : : :
Pacific (West).: 1,350: 1,232: 91 : 6.0 : 6.0 :224: 205: 283: 232: 81.9
United States...:29,779:28,758: 97 : 6.1 : 3.9 :4,898:4,671:8,755:8,021: 91.6
Compiled from the United States 1933 Fall Pig Crop Report as of December 1,
1933. Bureau of Agricultural Economics, Division of Crop and Livestock Zstimates.
1/ Preliminary. 2/ Number indicated to farrow from breeding intention report:


Canada

The price of bacon hogs at Toronto strengthened slightly in december in
the face of reduced supplies. The average price for the 4 weeks endei December
28 at that market was $6.56 per 100 pounds American currency, compared with
$6.37 in November and only $3.46 in December 1932.

Gradincs at .1l Canadian stockyards and packing plants during the 4 weeks
of December anountcd to only 251,000 head compared with 290,000 head during the
corresponding period of Novembtr and 268,000 nead in Decc.nber a year ago. The
strength in the mr.arket cannot be taken as an augury of continued activity nd
firmness excepting on the basis of similarly lignt supplies, at .tes tni- C-nar.inn
Government Livertock iWarket Report for Decen:,bcr 2E. Blocl.ud roads and ot..:r
transportation difficulties were reported as responsible for the li.:ht -upplies
in December.

Supplies for the 52 weeks of 1335 ended Dflce:btLr 28, amomnt'Jd to 3,137,024
head, an increase of 1 percent above 1932. Thi avtr~'c prico at Toronto for the
same period was approximately $5.20 per 100 pounds, Amerrican currency, compared
ith $4.14 in 1932.







HP-50


Bacon exports to the United Kingdom for tihe first 11 months of 1932
reached 65,000,000 pounds compared with only 29,000,000 for the same period
a year earlier and constituted 98 percent of total Canadian exports of bacon.
Exports of fresh, pickled and salt pork to the United Kingdom fell to about
2,000,000 pounds or about half the quantity exported to that country in the
same period of 1932. Lard exports, amounting to 2,387,000 pounds, were also
about half those of 1932. Exports of all three of these items combined to
the United States amounted to only 2,000,000 pounds compared with 4,000,000
in the same period of 1932. Imports of fresh, pickled and salt pork into
Canada from the United States increased slightly in the first 11 months of
1933, amounting to 3,295,00.0 pounds compared with 2,327,000 pounds in the
same period of 1932. Lar.d imports also increased slightly to 1,198,000 pounds.
Bacon and nam imports from the United States fell to almost half of the 1933
total during the same period, ?mounting to about 10,000 pounds.

In June, 1933 the number 'f hogs in Canada was only 3,801,000 head, a
reduction of 18 percent as compared with 1932.

United Kingdom and Irish Free State

The latest indications of further reductions in British imports of
cured pork are ei;lboided in a Ministry of Agriculture announcement of probable
reductions of 7 percent and 3 percent on MI.rch 1 and July 1, 1934 respectively.
According to .Meeat Specialist H. E. Reed at London, the suggested reductions
are contingent upon the number .-f hogs contracted for delivery to curers by
British producers. As .yet no indications of the volume of such contracts are
available. It will be recalled, however, that the reduction of 16 percent
in total foreign imports made effective November 10 was the result of un-
expectedly large supplies of domestic hogs being offered on contract. For
the period November 10 to February 28, total non-Empire imports of cured pork
were placed at about 221,000,000 pounds, of which the United States was
allotted around 13,476,000 pounds.

The decline during Decemrber in the sterling prices of American green
bellies brought the Liverpool dollar average for the month down to $14.35
per 100 pounds, with tnat level prevailinL also in early January. The
December figure was nearly 40 cents under the November average, but almost
double the average made in December 1932. Canadian green sides, on the
other hand, have shown a decidedly upward tendency in recent weeks, the
December average going slightly above Novomber to reach $15.58, also well
above last year's prices. Danish Wiltshireswere steady in December at
$17.62, but advanced to $18.34 early in January on the basis of higher sterl-
ing prices. No great increase in the demand for bacon developed during the
holiday, trade, and with increased British production, supplies have been
sufficient, Mr. Reed reports. All important continental bacon supplying
countries exceeded the 4-week allocation for the November 10 December 7
period. See table page 8.







i


-6-






HP-50


In addition, minor supplying countries sent more bacon in the 3 weeks
ended November 30 than they were expected to send in the 4 months ending
February 28 next. The Board of Trade order limiting imports provides that
countries exceeding 22,800 pounds weekly will be placed in the same category
as the scheduled countries, but in spite of the fact Germany has exceeded
that quantity regularly since last July and Norway since late October and no
public announcement has been made affecting shi-monts from those two
countries. Supplies of foreign bacon appear to be well cleared, but English
bacon of indifferent quality and finish is in plentiful supply. Total
imports from all sources in November, at about 81,000,000 pounds, were the
smallest for any month since April 1930. There was a slight increase over
last year's figures in imports from the United States, and a Canadian move-
ment about 10 times the volume of the receipts from the.United States.

British imports from Canada in November 1933, at 6,705,000 pounds,
wore many times larger than the corresponding 1932 figures. In the calendar
year 1933 such imports wore about double those of the preceding year.
Indications arc for additional increases in that business, which is the only
item in the British cured pork import records to show a heavy increase
during the past year. The current business in American products is slightly
lhrgor than that of last year. The British bacon market has boon generally
steady to stronger in recent weeks. Best brands of domestic bacon have made
slightly higher prices, but undesirable sides have had to sell at an
appreciable discount. Reduced total supplies are anticipated for January
in.connection with the smaller shipments necessary to equalize the recent
exccoding of the allocation..

The continued improvement in both sterling and dollar quotations at
Liverpool on American short cut green hams brought the December average
up to $17.63 per 100 pounds. That figure was about 95 cents above the
November average and more than $6.J'0 above the level of a year ago. Early
January -?rices reached $18.92. Sterling -?rices were up to those of late
last July, but the exchange situation has resulted in a relatively greater
advance in dollar values. Total ham imports in October and November wore
slightly smaller than those of last year. With less competition from
gmmons, supplies have cleared readily and stocks have been greatly reduced.
Contrary to the December price movements of the preceding 2 years, the
December 1933 price movement was upward throughout the prc-holiday trading.
The greater part of the American and Argentine quotas is made up of ham
shipments, and smaller shipments will be necessary for equalizing purposes
from now to February 28. The anticipated reduced supplies suggest a firm
market.
The easier tone noted in British lard markets during Docomb-r carried
Liverpool sterling quotations on American refined lard down to the equivalent
of $7.20 per 100 pounds. Early January prices avoragod $6.70. The November
figure was about-38 cents above that of December. Current values are only
slightly higher than those of a year ago. Lower prices in the United States
have contributed to the downward movement. The heavy increase over last
years imports continued into December. For the first 2 months of the current
season (October November), British lard imports were 18.4 porcont larger
than in the corresponding 1932 months, and second only to the corresponding
period of 1930 for any year since 1924. Liverpool lard stocks on January 1,
1934, stood at the unusually high level for that date of 7,544,000 pounds.


-7-






-8-


In domestic hog markets, first quality porkers have reached pride levels
in recent -aeCks higher than any since. June 1931. Surplies of fresh British and
Irish pork at London Central Markets were seasonally larger in Decembor, but bel(
the levels reached a year earlier. 'The reduction is caused'by smaller shipments
from the Irish Free State and by the shifting of-available hogs to the bacon marl
November imports of frozen pork were over three times larger than ih.November 191
largely as a result of excessive shinpents from New Zealand. Pork prices have
advanced seasonally,the fresh article reaching the highest points since May 1931
and frozen lines above all levels since February of that year. Short hspplies sq
light weight porkers and plentiful supplies of heavy fresh pork are indicated fo4
the remainder of the pork season... Continued heavy slaughter and stocks'in New
Zealand suggest increased supplies .o' frozen pork. .

In NIorthcrn Ireland, purchases for curing and exports of live hogs were
slightly smaller during November December than a year earlier. Prices have be
made under the ncvI contract system. In the Irish Free State, also, such purchaa
have been sr.llcr than in the corresponding 1932 period. Fewer hogs were o'ffor
in November 1933 than in the preceding month, and prices advanced somewhat...
Porker prices 'orre steady.

Bacon and Ha-is 1/: Imports into Great Britain and Northern Ireland, by specif
countries of origin(bnsed on customs imports .entries).Novembqr 10 and Decembe
7t,1933 inclusive, and allocation for each country under British import quo
S- -LI


Country


_: __ vee cnr.ea 193j; *To :.;
: .Nov. : Nov. : Nov. : ..Dnc. :for 4
16 : 23 : 30 : 7 :weoos 21
S,090 1,000 : 1,000 : 1,000 : 1,000 :
:pounds :pounds :pounds :DoundS :pouncls :
: : : : : :]
.


Allocation


1 ,000-
nounds
Nov. 10-Dec., 7, -1933.


Denmar. ...........
Netherlands........:
Poland.............:
Lithuania..........
Swcd-n. ............ :

-Estonia............:
Finland............:
Latvia .............
U.S.S.R. ......... .:
Argentina ..........
United States ......:
Total.. / ...
Belgium............:
Brazil.............:
Czechoslova:ia.....:
Franca.......... .:
Germany ............


7,974:
1,586;
1,461'
681:
939:


*6
354.
133'
114:

226:


12,420:
1,739:
1,241:
697:
573:


161:
114:
133:
205:
172:


9,787.
1,723:
1,380:
679:
648:

149'
135:
93:

494:


9,595:
1,255:
1,236:
630:
642:


131:
93:
149:
56:


39,775: 3/ 33y841
6,302: 5,240
5,319: 5,096
2,686: 2,556
2,905: 2,423
:Nov.10/33 to Fob.28)
664: 1,861
514: 1,112
432: 1,005
354: 1,027
947: 1,540


1,146; 1.852: 1.771: 1.354: 6.123" 13, 47_ .
14,614' 19,410: 16,859 15.141: 66,021: -
136; 25: 212: 372:
25: 116: 4 : 146:
4/ 4: 4: 4/-
: :. : 4/: 28:
375: 226: .807: 145: .1,553:


Italy..............: : 1: 2; : 3: -
Norway.......... ...: 96: 6B: 156: 61: 380: -
Hungary......... .: : 25:' 44 4: 33: 146:
Yugqslavian. ....: 1 : : i: '
Total. .......: 658: 480 1,253: 240:- 2,629:
Co.roiled frr.; customs import entries reported by the Board of Trade of-the Uni
Kin'dom. /IncludLs trimmed bacon, .noams, and salt' pork. 2/Excluding balance
adjustment in respect to the period June 23, to Septamrber 14,1933. -/.C rrrfcti
would make slight alterations in some totals. 4/Less than 500 pounds.


HP-50





-9-


G0sranr

The seasonal decline of German lard prices in December and January,
resulted in a dollar average for December at Hamburg of $12.07 per 100 pounds,
duty unpaid. That figure was the lowest average for any of the past 4 months,
but was considerably higher than the corresponding 1931 and 1932 figures. Early
January prices of around $11.75 were the highest fcr that month since 1930.
Dollar depreciation has been an important factor in the current German lard
price situation in recent months as has also been the limited output of German
margarine, according to Consul L. L. Schnare at Hamburg. Both dollar and mark
quotations moved upward in November, contrary to the usual seasonal trend.
From early September to November 22, the dollar depreciated about 16 percent
in terms of marks. The subsequent stronger tone of the dollar has lost ground
somewhat, with current levels not far above those of late November.

The currency exchange and domestic margarine production plan have
maintained German interest in lard imports from the United States, Consul
Schnarc reports. Despite the duty of 1 mark per kilo (16.88 cents per pound)
imports of lard in November, principally from the United States, totalled over
16,000, 00 pounds. That figure was nearly double the October volume and
was the largest for any month since last May, -when imports were heavy in
anticipation of advancing duty rates. The Nov)mb-r 1933 imnoorts, ho.'cvcr,
were smaller than those of the corresponding months in 1932 and 1931. In early
December, Ame-rican lard was being offered at retail in Germany at around 27
cents per pound. At that price, the Consul states, the lard was cor-nctitive
with all margarine except the cheapest grades and is frequently preferred to
margarine offered at the same price. Butter prices are xa-ch..higher tha thosc
of either lard or margarine.

Production of margarine no-7 involves the co'-pulsory use of do.lostic
neutral l:'rd to the extent of 5 narcent of the total rarg.nrine. The new
method of extraction by solvents has assisted G ri-an hog pro:Iuccrs, but the
government has found it necessary to help margarine :aan-factures in the
purchase of this relatively expensive ingredient. The govorraont reimburses
itself from the tax levied on all but the cheapest grades of raarg-rinc.

In hogs, the seasonal price decline in Dccecubcr brought the r.onthly
average price of heavy hogs at Berlin down- to $15.25 per 100 pounds, but
this was the highest dollar value for that .r.onth si;ce 1930. Receipts of ;.rgs
during November at 14 cities, totalling 247,000 head, were seasonally smaller
than in October, and also under those cf a year earlier. Total receipts for
the first 2 months of the current soison wore 4 'nrcc'rt ,sallcr than the
corresponding 1933-33 figures, and also und-r simil-r figures for any recent
season. Hog slaughter ot 36 centers also was smallCr i lovf-mb.r tha.. in
the prccedinC month and a year ago. The October Yove iLr total sl.ch,:tcr
at 36 centers was 3.3 percent smaller than the corrcs-'onding 1092-: total, end
smaller than the early season killings of any rcce.t season except 1 ?li-!.

The number of hogs in G-.nn:ny as of Dcccrib r 5, 1933 was officially
estimated nt 23,857,000 head and was larger thar. exp:ctcd, nccordi:.,- to a
cable to the Forcign A-ricultural Servico Division froi. Agricultural Attac'he,
L. V. Stocro, Berlin. Not only was the total numrbr 4 p:rc;nt in excess of
the corresw-ondin;z estimate for 1932, but it was larccr thpi: the nuibcr on
Decerab:r 1, 1931, when nuAbers were largest on record up to the present.
The increase of 11 percent in the total nunmbr of sows in farrow: (Cprna..t)
estimated at 1,227,000 in December 1933 has caused the G'rmn.: Gov:'rnr. t to







HP-50 -10-

issue a warning against increased production, states the cable just received.
The only year when the present number was exceeded was on December 1, 1930
when the number in farrow was reported at 1,311,000 head. Of the total
number of sows reported in farrow on December 5, 1933, those of 6 months to
1 year were estimated at 305,000 and exceeded the corres-onding estimate for
1932 by 18 percent, whereas those over 1 year numbered 922,000 and were 8


percent in excess of the 1932 estimate.

The number of hogs in the classes not yet mentioned were as follows;.
in thousands of head, with the percentage of the number for 1932 being given
in oaronthcses. Pigs under 8 weeks, 5,122 (106.0); young pigs 8 woeks to
6 months, 10,333 (104.5); brood sows 6 months to 1 year, 549 (113.2); brood
sows over 1 year, 1,463 (105.7); hogs other than brood sows 6 months to 1 year,.;
5,431 (102.0); hogs other than brood sows over 1 year, 959 (101.5).

Gerrarny: Number of hogs on hand, according to different classifi-
cation on December 1, 1933 with comparisons for earlier
years

Dcc. 1 to 5 '
Classification : 1928 1929 : 1930 : 131 : 1932 1933
U .. i.

: Thou- : Thou- : Thou- T:hou- Thou hou-
sands :sands sands sands sands sands

Pigs, under 8 weeks ...... 4,003 4,417: 5,469: 5,128: 4,834: 5,182.--;.
Young pigs, 8 weeks to : : :
6 months..............: 8,487: 8,693 10,035 10,484: 9,884 10,333
Brood sows, 6 months to : : : : :
1 year. : : :
Total ............: 556: 663 674: 494: 485: 549
In farrow / ....: 312: 383: 369: 251: 259 305
Brood sows over 1 year : : : : :::
Tital......... .: 1,063: 1,179: 1,503: 1,458 1,384: 1,463
** *! !. i


In farrow i. ..: : 775' 942: 870: 851: 922
Other hoss .............. : 5,997: 4,992: 5.761: 6,244: 6272 .6390
Grand total. ...: 20,106 19,944: 23,442: 23,808: 22,859' 23,857 ;
...
H 4 .


Division o1 btatistical and historical Rescarcn. uompiLcoa
by Agricultural Attache L. V. Stoers and original official
years.
I/ Pregnant sows.


irom cablo sune t
sources for earlier.
"


'II


-- -







- 11 -


HOGS AND PORK PRODUCTS: Indices of foreign supplies rnd demand


: : October-November
Country :Unit : 1909-10 : 1924-25 : :
and item : :tol913-14:to1928-29: 1S30 : 1931 :1932 :1933
___: : average : average ::::


fITED KINGDOM:
FProduction
SupplAes,
A: domestic fresh: 1000
pork, London .:pounds:
i Imports -
Bacon-
III Denmark ..... "
SIrish F. State: "


United States "
Canada........: "
Others......... "
Total.....
n Ham, total ...: "
Lard, total....:
=WNMAPK:
SExports -
SBacon ........: "
CANADA:
Slaughter -
,,- Hogs,inspected :100
GERMANY:
Production
Hog receipts
14 cities.....: "
Hog slaughter
36 centers.... "
Imorts : 10
Bacon, total...:pou
Lard, total....: "
UNITED STATES:
Slaughter -
Hogs,instpected :10
Exports -
Bacon 10


D'S:


00
nds:



0's:

oo :


United Kinedon:pounds:
Gernany.......: "
Cuba..........: "
T.-tcl. ..... :
Hams,shoulders :
United Kiincdoi: "
T tal.... ..
Lard -
United Ki::ndoms "
Ger.Tany....... i "
Cub a..........:
Nothurlnnd3...: "
T ,tc. ......: "


39,476:

27,769:
5,490:
8,022:
80,757:
13,407:
40,098:













747:

537:
36,421:


5,537:


20,282:
362:
1,257:
26,506:

19,438:


22, 125:
21, 90:
-,07 i:



80,791:
5,1G5:
69,07?:


13,120:


30,600:
12,380:
14,857:
13,845:
24,843:
146,725:
17,945:
38,144:


80,142:


301:



545:

671:

4,242:
35,487:


302:


U,'U91:
2,103:
3,461:
21,421 :

20,287:
24,712:

ZG,752:
2Z1,920:
13,003:
5,216:
102,541:


15,093:


132,339:
6,779:
3,070:
748:
39,189:
182,125:
11,547:
50,643:


132,691:


328:


C C:,
606:

3,60C:
24,06E :


7,516:


3,910:
130:
1,309:
6, 71 :

1,4 31:
15,Z4e3:

50,US6:

b : *.3

:', ,C4 3:


19,529:


143, 75:
'8,-191:
1,817:
2,150:
58,6953:
214,423:
14,767:
26,563:


14C ,03:


506:






41PF:


7,P5?:
656:




R,712:

0 .:.

7, i3R:


1,'1.2
1, i .
1,4i-.2:
4,P5C:





7.* :


18,527:


146,175:
5,327:
687:
1,492:
75,086 :
228,768:
15,495:
41,104:


138,043:







544:

72E:

7,049:
,47,917:


7,33:

S3:


20:

3,002:

S.., 51^,E :


3P ,U0:" O :


81, C :
(9,4'71:
:yi~


- s f --.- -- -. ----- .- -- -- e.- -


15,232


92,133
6,233
1,353
13,015
51,655
164,389
14,924
43,708


94,330


515



522

702

5,011
24,936


7,559


550
878
749
4,894

11,585
1i,371

44,495

1,951
9,"70
L'1 3'5'




I Iftilt


HP-50


Hogs and pork
poundss for


pr
th


Item


Prices -
Hogs, Chicago
basis packers'
and shippers'
quotations ........
Corn, Chicago,
No. 3 Yellow .......
Hogs, heavy,
Berlin, live
weight ............:
Potatoes, Breslau
feeding ............
Barley, Leipzig .....:
Lard -
Chicago ............:
Liverpool *..........:
Hamburg ............:
Cured pork -
Liverpool -
American short
cut green hams ...:
American green
bellies ..........
Danish Wiltshire
sides ...........
Canadian green
sides ..............



Stocks -
United States -
Processed pork 3/
Lard in cold
storage ...........


-12-

oducts: Foreign and domestic average py i
e month indicated, and stockls.tt' the *e,..:
* ." '" '. . .. . ...

1909-1913 : 1925-1929 ; S : Oct. J
average average 'i9 193w 5

Dollars : Dollars : Ars1 DolJi$


7.48

1.07


12.05

.31
1.68

10.92
12.50
14.46


14.70


14.80


9.98

1.50


16.47

.46
2.21

14.74
14.17
14.97


24.89

21.90

23.47


3.34

.44


8.36


.26
1.80


6.19
7.26.
8.59


18.82 1 3

1/7.98 14.0


1/8.37


1IE


j**.fl


14.02 2/
1,000
pounds


21.76 1/7.78 14.
1,000 1,000 ioc
pounds pounds.l *O


428,894

52,476


403,898 493 c

29,766 1aS


1/ Basis importer-to-wholesaler Li stations. 2/ Three-year.a
3/ Dry salt cured and in process of cure; pickled, cured, ant di'
cure and frozen.



:A
----0----



6 , ..... ..
FA L- . .. . . . ,. ........ .
.:.L 4 A .. ". .:.':;. :


..":: .i