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Weekly Farm Price
Outlook
FEEDER CATTLE
If you want" to sell yearlings as feeder cattle, now is a good time to start checking around. Demand is good and the big movement off grass- from Western /anges hasn’t started. 1 * ; \
There is usually a seasonal dip in feeder and yearling prices in October. It happened last year even when cattle were in short supply as they are now, and Western ranges were building up-* breeding stock.
You can still get yearlings into the organized sales which bring., better prices Than on other markets. However, it is pretty late to get calves ino the Feeder Calf Sales, but general demand is good. Judging farm prices at the yearling sales already held, feeder calfsteers should average somewhere around $33 in the organized sales, less'in other , markets. Price spread between steers and heifers will probably be less .this year top. Heifers were about $4 to 4.50 cheaper last year, but they are running only about $2 below steers in the west now. I
If you are planning to feed cattle, yearlings 700 pounds and over lookslike ^ good bet. Hay and corn
be, pFeniful and relatively will ^ cheap.^ ■
Buildup on Western ranges won’t show an effective increase in fat cattle anytime soon, so you ought to get ‘ a good two cents more a pound for slaughter animals sold in February through June than you will pay a pound for them as yearlings this FalL
58.3%