

-6- 



that cattle feeding will continue to be profitable so long as feeder 

 cattle can be bought at reasonable prices. Either the producers of 

 feeder cattle will make money or the feeders will make money, or both. 



Hogs. Hogs receipts at 12 markets for the eight months, 

 October to May, were ^ per cent under the previous year* However, 

 receipts during May were 2 per cent higher than a year earlier, and for 

 the week ending June 6, were up 10 per cent. The great increase in hog 

 numbers which started with last fall's pig crop is just beginning to 

 show up in the central markets. Weights of barrows and gilts now being 

 marketed are about the same as weights a year ago. For the month of 

 May they were two pounds higher at Chicago and Kansas City and Omaha, 

 the same at East St. Louis, two pounds lower at St. Joseph and 11 

 pounds lower at St. Paul. 



Omaha received the heaviest weights, followed closely by 

 Chicago. There is a 20«pound drop reported by receipts at Kansas City. 

 The lowest weights of all eire at East St. Louis. The aversige at East 

 St. Louis for May, 19^2, was 2l6 pounds and 25^ pounds at Omaha, 



Agricultural economists at the University of Illinois estimate 

 the number of hogs to be slaughtered in 19^2 at ^5 "to S7 million head, 

 compared with ysi million head in 19^1 and an average of 57i million for 

 the three years, 1936-3^» Total production of pork is expected to be 

 $k pounds per capita compared with the three-year average of 60.6 pounds. 

 Lard production is expected to be 20 pounds per capita compared with 

 12.^ pounds. However, it is expected that exports of both pork and lard, 

 will be substantial, and that the per capita consumption of pork will 

 actually be 69 pounds instead of the g^ pounds that are available for 

 consumption and exportation. The per capita consumption of lard will 

 be 13*^ pounds instead of 20 pounds. If these estimates prove to be 



