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Low Poultry Price*
Expected Through 1950
Little relief from the current low poultry prices is forseen for the remainder of 1950,-says D. U. Livermore, poultry marketing specialist at VPI.
Storage stocks of shell eggs are double those of a year ago, and frozen egg stocks are 45 percent greater. The large storage foldings, Livermore says, will compete with fresh egg supplies the last half 'of 1950, and probably will offset in part any decrease insuppiy- .
Meanwhile, a sharp decrease in hatchings in June is reported, and ■ is believed to be a reflection of the unfavorable egg-feed and chicken-feed ratios that have prevailed this year.
Livermore says a 10 percent reduction in chickens raised this spring probably twill not result in a corresponding 10 percent reduction in the number of laying hena on farms in 1951. This is because the number of hens carried over is seldom reduced as much as the number of chickens raised.
Present hen numbers are too large, and egg supplies exceed demand, as evidenced by the 56,000,000 pounds of dried egga which had been purchased through May under the government price support program. This is 12,000,000 more pounds than were bought daring the corresponding period last’ year. Egg purchases are expected 40 continue at levels sharply in excess of a year ago.
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