Types and Market Classes of Live vStock 



377 



country for fattening on the year's crop of corn. Good hogs are scarce 

 on the market at that time and the price of good hogs rises so as to 

 produce a wider spread. Furthermore, receipts in these months include 

 a great many inferior hogs, the result of marketing culled brood sows 

 and other inferior stock. Therefore in these months good hogs are 

 scarce and higher in price, and inferior hogs are relatively plentiful 

 and lower in price, and the spread in price of all hogs becomes the 

 widest of the year. 



Spread in price of hogs and other live stock compared. — The spread 

 in price in the hog market is very much less than that in the cattle or 

 sheep market. The spread in price within each market class of hogs 

 is also relatively small. These facts are well illustrated in the follow- 

 ing Chicago prices reported in two issues of fhe Breeder's Gazette: ^ 



Top price and spread in price of live stock sold for slaughter at Chicago 



1 Issues of Aug. 31 and Dec. 21, 1922. 



