Montana farmer-stockman. [volume], July 01, 1951, Page 17, Image 17

About Montana farmer-stockman. [volume] (Great Falls, Mont.) 1947-1993

Image provided by: Montana Historical Society; Helena, MT

                
THE NATION continues to oper
ate at close to top speed, with em
ployment at a record level and in
comes rising and running 12-15 per
cent over the ÿear-ago level. Man
ufacturers' new orders, including
those for defense goods, continue
larger than a year ago. Unfilled or
ders are over 450.000.000,000, or
more than twice those of a year ago.
Hence, factories are likely to con
tinue extremely busy.
Consumer and military demand
for foods remains strong, but mar
kets for some goods are still in a
letdown from the overbuying spree
of last fall and early winter when
fear of further price rises and short
ages led to excessive stocking up
by business firms and consumers.
CATTLE —Price changes in the
near future will depend important
ly on what congress does in extend
' ing the defense production act. If
the August and October rollbacks
are outlawed, through amendments
favored by congressional commit
tees, receipts may continue light in
July, but are likely to pick up Sub
stantially in August when Kansas
and Oklahoma grassers usually
move freely. Numbers in that area
are 8-9 percent larger than last year.
If the further rollbacks are not
eliminated, cattle are likely to be
sold rather heavily in July to beat
the price decline. Many cattle, espe
cially in the intermediate and low
er grades, still appear to be selling
over the compliance level. If en
forcement of the price and slaughter
quota orders is improved, it will put
downward pressure on prices. In any
case, prices for the intermediate and
lower grades probably will decline,
due to increasing supplies over the
next four or five months.
In spite of rollback uncertainty,
Stocker and feeder shipments from
five leading markets have been only
Cut Yo^ir Combining Time
WITH HESSTON COMBINE ATTACHMENTS
HESSTON
RECEDING FINGER PLATFORM AUGER
HESSTON
Y-bars
—t
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To«
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esston V-Bar*.
more groin par ocra by replocing
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They ora non-,lugging, giva aosiar separa
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g
HESSTON QUICK
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ExUnds sickle ahead and upward 6" to stop_
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SAVE GRAIN
SAVE TIME
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i
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Distributed By
NAME.
TOWN_
STATE_
I OWN A.
DICKERSON FARM SUPPLY
Minot, North Dakota
Box 526
Marketcj
Ü? eitleek
FA 1 U Ti
By GILBERT GUSLER
10 percent lower than last year, but
contracting is reported quite slow on
the range. Even though prices are
$2-3 lower than before the May
rollback, most buyers are waiting to
see if further rollbacks stand. If they
do not, active contracting may start.
LAMBS— Most of the summer price
break may be over already, but
moderately lower levels probably
will be reached on extreme breaks
in the next two or three months,
Sharp upturns are likely from time
WOOL — Prices may soon show
more stability with some increase
in mill demand. Trade observers
to time which will provide good
selling opportunities. Supplies will
increase substantially through the
summer, but are likely to remain ab
normally low, due to holding ewe
lambs to expand flocks.
expect an increase in military or
ders after the start of the new fis- :
been reduced. Any unsold domes
cal year. Better demand for civilian
goods may develop after present lib
eral stocks of wool clothing have
tic wools probably will be rather
strongly held. But, unless military
or stock pile buying becomes much
larger than is now indicated, prices
are likely to remain below ceilings.
Prices probably will
reach the low point for the season
somewhere from July to October,
then rise gradually later in the year.
WHEAT
fall. Consumer demand is good for
both fluid milk and manufactured
products, and storage demand for
butter and cheese is fairly good at
current prices. Returns to dairymen,
especially from fluid milk sales, over
cost of concentrates and hay or pas
ture probably will continue larger
than a year ago.
EGGS — Rising prices are prob
able over the next three or four
months. Production is gradually
The new crop movement will put
prices under pressure in the next
60 days. It may be neutralized by
large export sales, crop damage and
placements under loan.
DAIRY PRODUCTS— A moderate
price rise is probable over the next
four or five months. Production is
rounding the peak and will decline
substantially in late summer and
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5
IN DEPENDENT^ DISTRIBUTORS
2,7 N E. BROADWAY PORTLAND 12,OREOON
' Markets at a Glance
Demand—Consumer demand for food re
mains strong, but some markets still reflect
overbuying last fall and winter.
Cattle—Price changes will depend greatly on
whether congress eliminates rollbacks.
Hogs—Spring pig crop is 7 percent over last
year: fall pig crop may be upped 3 percent.
Lambs—Most of summer break may be over,
but may dip moderately lower In weak periods.
Wool —Trade exoects early Increase In mili
tary orders to help stabilize market.
Wheat—Export sales and placement under
loan probably will largely neutralize new crop
pressure. .
Feed Grains—Price drop has Improved feed
ing ratios and will encourage holding on
farms.
Flaxseed—Price drop has been extreme. Mar
ket may stabilize soon.
Price changes grill hinge largely on
new crop harvests.
Feedsintfs—Prices are unlikely to go up
much In near future unless weather turns
droutby.
Hay—Moderately lower prices are probable
as new crop offerings increase.
Dairy Products—Seasonal price rise Is prob
able over next four or five months.
Eggs —Declining production, small storage
stocks and big consumption will lead to sea
sonal price advance.
Poultry—Farm flocks have I percent more
young chickens, broiler plants about one
third more, than last year.
Potatoes-Increasing commercial and home
grwon supply probably grill cause steady to
lower price trend.
Seed
falling. Movement into consump
tion continues large in spite of
prices considerably higher than a
year ago. Withdrawals from storage
will start around July 1 to keep up
with demand. Holdings of shell
eggs are about 45 percent less than
a year ago. Returns over feed cost
will continue quite attractive, It
probably will pay to hold hens untH
they have dropped lower in produc
tion than usual before culling.