Page Ttoelve 



THE I. A. A. RECORD 



April, 1933 



The situation during the next six 

 weeks calls for orderly marketing 

 and the topping out of finished cat- 

 tle, particularly heifers and mature 

 steers, the Research Department of 

 the National Live Stock Marketing 

 Association advises. 



There is danger of marketing too 

 many unfinished calves and light 

 weight steers during the late spring 

 and summer. Quality and finish are 

 what count in the cattle market 

 during the last half of the year. As 

 heavy cattle supplies decrease and 

 the better grades assume more nor- 

 mal proportions the fat cattle mar- 

 ket is expected to show further 

 strength during the next few weeks. 



Highest prices in hogs are ex- 

 pected early in April. The market is 

 still in a strong position. All weights 

 are selling close together and it will 

 probably be late May before fall 

 pigs become seasonably excessive, 

 and from then until early July is 

 the period to be avoided. A sub- 

 stantial improvement in the hog 

 market is looked for in the summer 

 reaching the highest level during 

 August and September with a pos- 

 sible tendency to hold well into fall. 

 Buying is on a fresh pork basis 

 which makes seasonal variations in 

 prices more marked. 



Highest prices for fed lambs are 

 expected during late April and early 

 May. Fed lambs will be relatively 

 scarce and a substantial cut in sup- 

 plies of early spring lambs is ex- 

 pected. The outlook indicates the 

 advisability of fully finishing lambs 

 on feed and holding back market- 

 ings as far as weight limitations 

 make possible. Crowd early native 

 lambs on the market as quickly as 

 possible because the situation looks 

 less favorable for later marketing. 



Ask 



inois Senators ■ 

 To Support Farm Bill 



A telegram urging the two United 

 States senators from Illinois, Hon. 

 J. Hamilton Lewis and Hon. William 

 H. Dietrich to support the ad- 

 ministration's emergency agricul- 

 tural bill was dispatched by the Illi- 

 nois Agricultural Ass'n. following a 

 meeting of the I. A. A. board and 

 staff on March 24. 



The telegram signed by Presi- 

 dent Earl C. Smith said: "After 

 carefully reviewing the administra- 

 tion's emergency agricultural bill 

 the board of directors and staff of 

 Illinois Agricultural Association 

 unanimously and respectfully urge 

 your active support of this meas- 

 ure." •.• ;:■-.■•;-^: •.■ ; .-.-vv 



Ewing Chosen Again To 

 Head Live Stock Group 



Chas. A. Ewing of Decatur was 

 re-elected president of the National 

 Live Stock Marketing Association at 

 the annual meeting of stockholders 

 in Chicago, March 22. C. N. Arnett, 

 Denver, was elected vice-president; 

 P. O. Wilson, Chicago, secretary; 

 and H. H. Parke, Genoa, HI., treas- 

 urer. 



New directors are C. W. Fine, St. 

 Paul Farmers Union; J. N. Horla- 

 cher, Des Moines"; and Lloyd Nickles 

 of Cincinnati Producers. Directors 

 re-elected were C. A. Ward, Chas. E. 

 Hearst, Chas. E. Collins, L. J. Taber, 

 Dr. O. O. Wolf, J. R. Fulkerson, Sam 

 McCluggage, E. A. Beamer, Chas. A. 

 Ewing, M. S. Barker, Irwin Porteus, 

 E. F. Forbes, H. L. Kokernot, C. D. 

 Bellows, J. L. Snook, Jr., John O'- 

 Mealey and L. L. Lehman. 



Manager P. O. Wilson reported an 

 increase of 15 per cent in volume 

 of livestock handled in '32 as com- 

 pared with the previous year, and 

 a decrease of sales value of 46 per 

 cent. 



Resolutions were adopted pledg- 

 ing support to the new farm bill 

 before Congress, and urging that 

 present credit features of the Agri- 

 cultural Marketing Act be retained. 



Macon Co. Live Stock 



Ass'n. Steps Up Volume 



The Macon County Livestock 

 Marketing Association handled 25,- 

 199 head of livestock during the last 

 fiscal year which represents an in- 

 crease of 247 per cent over 1931, it 

 was reported at the recent annual 

 meeting in Decatur. - 



Kasbeer Incident 



(Continued from page 9) 



gladly have cancelled their mar- 

 keting agreement if they had so re- 

 quested. If an elevator isn't sold on 

 the idea of co-operative marketing, 

 it can't help us nor can we help 

 them. I'd rather have a hundred 

 elevators on the outside fighting us, 

 than to have one sharpshooter on 

 the inside. We have received no of- 

 ficial notice of cancellation of the 

 Kasbeer elevator but if such a 

 notice comes in it will receive more 

 courteous treatment than we were 

 given recently at their meeting." 



Warn Wool Growers 



Against Advance Sale 



Illinois Livestock Marketing As- 

 sociation Will Conduct Wool 

 Pool In 1933 



A warning to wool growers against 

 the advance sale of wool at un- 

 necessarily low prices was issued 

 recently by the Illinois Live Stock 

 Marketing Association, following 

 reports to the effect that wool 

 buyers are already out contracting 

 for wool at below market levels. 



The National Wool Marketing 

 Corporation of Boston, which han- 

 dled all pool wool in Illinois last year, 

 reports that in certain sections 

 wool has been contracted on the 

 sheep's back at 10 cents or less per 

 pound and that advances have been 

 made on such wool at 50 cents per 

 head. 



"While no one is in a position at 

 this time to forecast the trend of 

 prices for 1933," says the Wool Mar- 

 keting Corporation, "we feel justi- 

 fied in again emphasizing the im- 

 portance of holding wool for a fair 

 market price. The market will most 

 likely be determined by the price 

 levels established in the producing 

 sections. Thus, the farmer who sells 

 his wool cheap to a local buyer 

 exerts a bearish influence on prices 

 throughout the country. A de- 

 termined effort during the next few 

 months to obtain all the market 

 affords for wool over a period of 

 time rather than the maximum of 

 cash at shearing time will hasten 

 the return of better days for the 

 wool grower. 



"While price forecasting is dan- 

 gerous, we feel justified in advising 

 against contracting for wool at this 

 time." 



The Illinois Live Stock Market- 

 ing Association through its wool 

 division will conduct a wool pool in 

 1933 similar to that of last year. A 

 substantial advance will be made 

 at time of delivery as in the past, 

 and final payment will be made 

 after the wool is sold. 



Under the pooling plan the 

 grower is assured of getting all the 

 market affords for the particular 

 grade and quality of wool he de- 

 livers. The Wool Marketing Cor- 

 poration with which the State Mar- 

 keting Association is affiliated is 

 the largest handler of wool in the 

 country, and through control of a 

 large volume exerts a powerful in- 

 fluence toward maintaining satis- 

 factory prices to benefit the grower. 



E. W. "Farmer" Rusk formerly 

 connected with radio stations 

 WMAQ, WENR and WJJD is now 

 employed as farm manager in 

 northern Illinois and eastern Iowa 

 for the Mutual Life Insurance Co. 

 of New York. His headquarters are 

 Galesburg. 



1 



4 



A, 



V 



