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Weekly Farm Price
Ontlook
HOGS
Any gain in price between now and the first of the year will be slight and will result mostly from ups and downs in weekly receipts Supply is still running over last year by about 15 per cent, and we aren’t going to see any general move up in price as long as this burdensome supply is around.
In Virginia—especially in the Richmond area_ more and more interest is being noticed in the meat type hog.
Virginia receipts last week were up 20 per cent over the previous week. In Richmond top hogs were bringing $14 to $14.25 which was 25 cents to 50 cents lower. In the Virginia Auctions hop were mostly 50 cents lower bringing $13.50 to $14.50.
In Southeastern Virginia prices were mostly 50 cents lower at $13.25 to $13.75. Chicago hogs were bringing $12.35 to $13.15 and Baltimore prices were $14 to $14.25 for the week.
65.3%