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Cattlemen See 1959 Likely Peak In Prices And Inventory
A Lens Association report from August 3 1959 notes cattle inventories rising for two years since mid 1957 with five million head added this year and prices to producers potentially about one dollar per hundredweight above last year The committee warns a bust like 1953 is avoidable only if many producers take preventive steps and hold risk in check Future gains beyond 1959 are expected to be modest with 1959 possibly the high cattle-price year depending on marketings and competing pork and poultry supplies
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Cattlemen’s Association
National Committees