Meat markets and cattle prices face pressure from reduced raw material costs
Chicago area livestock markets show downward price pressure as processors push for lower costs of raw materials. Despite a short meat supply, distributors are diverting meat into channels, with pork and beef futures influenced by seasonal factors and a western supply buildup easing competition. A $4 billion unemployment relief fund is slated for distribution.
MENTIONED IN THIS ARTICLE
Niy
Shorts
Economic outlook for beef and hog markets this winter
The article analyzes how relief funds and rising cattle costs affect beef demand and supply. It notes cattle prices up 73 to 100 percent from bargain levels, high replacement costs, and cautious consumer buying. Many cattle will go to winter storage, reducing near term beef supply while western states brace for leaner packer margins and shifting pork and lamb dynamics.
MENTIONED IN THIS ARTICLE
Missouri River
Kansas
Nebraska
Northwest
Ile
Meat markets wobble as lamb feeding centers lag
The article notes feeding centers lag below 60 percent replacement and a shortage of feeders. Fat lambs fetch about $8.75 while feeder prices drift, signaling a required price lift for winter fat lambs. It discusses Argentine beef and lamb tariff ratification, Mussolini’s potential war impact, and lingering meat demand and price volatility amid shifting poultry and fish demand. The piece ends with a quip about seven ages of women.
MENTIONED IN THIS ARTICLE
Golura
Senate
Illinois History Quiz Q and Answers from Old Records
A reader's prompt presents a set of Q and A items about Illinois history. Topics include Ita kuskia command, Mini tribes, the Sather of the Greenback, 1877 railroad strike, salaries in 1823, Maramech tragedy, early railroads, Shurtleff College in Aston, and Lincoln's stance on the Mexican War. The answers reference Commandant M Rocheblave, the Mini language distinction, Alexander Campbell, Governor Cullom calling militia, various 1823 pay rates, the Box Indians and Wrench relations, 1849 charter and 1865 name change, Alton College origin, and Lincoln's Whig opposition to the war.
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