Utttt 



OUTLOOK 



PATS MEDICAL, HOSPITAL 

 and SURGICAL BILLS 



weekly income feature while you are disabled . . . pays 

 indemnities for specified injuries. Get this additional 

 protection for only a few pennies a day. 



The agent in the County Farm Bureau 

 of ice will give you the details, or write 



ILLINOIS AGRICULTURAL MUTUAL HK5 



608 South Dearborn Street 



Chicago 



Demand for farm products can be 

 expected to remain steady through the 

 summer. Despite scattered strikes, 

 war scares and declines in security 

 prices, the steel industry is busy with 

 summer orders, auto makers are push- 

 ing work on new models and building 

 activity is general. 



Hogs: The normal mid-summer 

 slump in hog slaughter is at hand. 

 Meanwhile a big spring pig crop is 

 fattening for fall market. With hog 

 prices high in comparison to corn 

 prices, fall farrowing will be larger 

 than last year. 



Beef Cattle: Increased marketing of 

 grain-fed cattle started in May, contin- 

 ued through June and is expected to 

 continue further during the next few 

 months. Prices for grain-feds suffered 

 under the heavy runs. Decline in in- 

 dustrial activity in May was also a 

 price-breaking factor. 



Dairy: Milk production per capita 

 set a new record on June 1. Number 

 of cows on farms was two per cent 

 larger than a year ago and milk pro- 

 duction was two per cent greater. Con- 

 dition of pastures on June 1 was the 

 second lowest for that date in 74 years. 

 In west north central and western states 

 the condition of pastures was about 20 

 per cent below the 1920-29 average. 

 The peak of production is over. But- 

 ter prices led the seasonal advance in 

 dairy products when New York prices 

 for 92-score during the first week in 

 June reached 24.1 cents as compared 

 to 23.6 for May. 



Sheep and Lambs: Supplies of 

 slaughter lambs will be smaller this 

 summer than a year ago. Poor pasture 

 conditions are reflected in lower than 

 usual quality and finish. Many western 

 lambs will be marketed in feeder flesh. 



Poultry and Eggs: The industry is 

 expanding. Production of chickens was 

 increased in 1938 and a further increase 

 is in progress this year. Production 

 per bird is up 18 per cent and 1939 

 hatchings increased five per cent more 

 than in 1938. Egg prices on farms 

 from April 15 to June 15 averaged 

 more than two cents below that period 

 a year ago. 



Wheat: Cjop prospects are down, 

 prices up, is the sum of the domestic 

 wheat situation, according to the 

 USDA. The supply of domestic wheat 

 (production plus carry-over) will be 

 less than one billion bushels this sea- 

 son. The 1940 allotment was increased 

 to 62 million acres compared to 55 

 million this year. 



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L A. A. RECORD 



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