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Newspaper
Big Piney Examiner
Location
Big Piney, Wyoming, United States of America
Date
Aug 01, 1940
Page
4
At Los Angeles Union Stock Yards officials note the 1940 pig crop may total about 75.8 million head, down from 84.3 million in 1939, an 8.5 million head decrease seen as a market strength factor. Domestic demand for pork is expected to hold despite weak exports, stressing reliance on home consumption.
The piece notes buying power in the United States and ample hog supplies limiting price gains. It cites 75.8 million hogs expected in 1940 and lists prices at Los Angeles Union Stock Yards from 37.50 to 37.80 per cwt with a top around 37.80. It forecasts a firmer market with varying cattle slaughter and marketing, mentions grain feed quality, Western range strength, and mixed cattle and steer price ranges up to about 10.75 per cwt for best fed steers.
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