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WtLl44, I / UNITED STATES DEPARTMENT OF AGRICULTURE
c / ^ /- BUREAU OF AGRICULTURAL ECONOMICS
;D VISION OF CROP AND LIVESTOCK ESTIMATES
MONDAY, NOVEMBER 12.
CATTLE FEEDING SITUATION, NOVIIBER 1. 1928.
The Corn Belt demand for stocker and feeder cattle during
October this year, while above that of October, 1927, fell off rather
sharply compared to what it had been during July, August and September
of this year. The shipments of stocker and feeder cattle into the
Corn Belt States in October this year were about the same as in
October, 1927, with prices nearly 20 percent higher than in October
last year. Fur the three months July to September, this year, the
movement into the Corn Belt was 45 percent larger than for these
months in 1927, with prices 35 percent higher.
The total shipments of unfinished cattle through public stock-
yards into the Corn Belt States for four months, July to October, were
236,000 head, or 25 percent larger than for the same months in 1927;
were about the same as for these months in 1926 and 1925, but 4 percent
below the five-year average for this period. Nearly all of the in-
creased movement this year was into the States west of the Mississippi
River, total shipments into this area for the four months this year
being the largest for the period in four years. The movement into the
States east of the river, while about 4 percent larger than last year,
was much below any other year since 1921.
It does not seem likely that the movement of stockers and
feeders into the Corn Belt during November and December will be as large
as the comparatively heavy shipments during this period last year. The
supply of available cattle will be smaller and the demand for feeders
less urgent. The total movement for six months July to December this
year will doubtless exceed last year, but will be smaller than for any
other yeaz since 1921.
The weight classification of feeder steer shipments from four
leading markets during October show that the proportion of heavy
feeders, over 900 pounds, continued larger than last year, although
there was a sharp decline in the prices of short fed cattle during the
month. For the four months July to September the movement of heavy
feeders this year considerably exceeded the movement last year, but
was much smaller than in 1926 or 1925.
Reports from the western States indicate that cattle feeding
this coming winter will probably be on a considerably reduced scale
in most States in that area. West of the Continental Divide winter
range prospects are not good and more hay and grain will be needed for
wintering both stock cattle and sheep than for some years. As a
result the price of hay is considerably higher than a year ago. This,
and the high level of feeder cattle prices is expected to discourage
feeding in most States. In Northern Colorado smaller supplies than
last year of both alfalfa hay and beet pulp will probably reduce cattle
feeding, but there may be some increase in other sections of the State.
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