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It you like feeder calves, you will pay more a pound but less per head, cutting down investment, and there will still be cheap hay * to sough them through.
With calves of course, you take the risk of having, good grass next year, but fall price*should' get you within a couple of cents 4 pound of what you paid.
In four yearling sales already held, good and choice steer* ran $25 to $28 with several'lots as high as $30. Medium steers ran $24 to $26.50. • '
HOGS
It looks as though hog prices have bounced off their temporary rise and are following the usual seasonal downward price trend.
Last season, hog prices dropped off a dollar from mid-September to mid-October and then dropped another to mid-November. This year’s drop may be even more than last year’s figure.
In the nine corn belt states, supplies of hogs over six months are up 19% over last year. Eastern sup^ies of hogs are short but in spite of this—thgre will be coik
59.7%