Weekly Market Review And Farm Outlook - page 6. 



;^ 

 ^ Combining this demand with the demand from hotels and restaurants it 



is unlikely that heavy turkeys will have to sell at a discount this 

 year. 



Cold 8torap:e holdings October 1 - Relative to October 1, 19^0 

 cold storage holdings as of October 1, 19^1, show the following in- 

 creases by commodities: 



Frozen fruits and berries 29^ Frozen poultry 6^ 



Frozen vegetables 1&% Frozen and cured beef 102^ 



Creamery butter 58^ Frozen and cured pork 11^ 



Cheese, all varieties 25/^ Lard (decrease) 9^ 

 Eggs g^ 



The only points of possible distress in this situation are 

 represented by the heavy holdings of butter and beef. 



The feeding situation - The beef situation may be aggravated 

 somewhat by importations of canned beef from Argentina and some 

 further importations of low-duty cattle from Canada. Importations 

 from Canada are limited by quota, and to date Canada has not used the 

 entire quota. The improving domestic demand is likely to make it 

 possible to absorb our large beef supplies at prices for beef rela- 

 tively higher than feed prices. The total number of stocker and 

 feeder cattle and calves received in seven corn-belt states, excluding 



i 



i 



Illinois, from July to September, 19^1, was ^95*^39 compared with 



S03,^59 for the comparable period in 19^0. Although there may be 



rather heavy movement of feeders during the last three months of the 



year, available information as to stocker and feeder cattle to be moved 



from producing states does not point to a sufficient volume to offset ' 



the decrease to date. 



The number of feeder sheep and lambs coming into seven corn 

 belt states has also been about 10 per cent less than the year earlier. 

 Present indications point to decreased lamb feeding operations in Ohio, 

 Michigan, Wisconsin, Minnesota, Iowa and South Dakota but not much 

 change for Indisina, Illinois, Missouri, Nebraska and Kansas. More 

 ewe lambs are being retained in the western states and in Texas, 

 evidently for increasing the size of ibhe flocks. 



