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Cew Slaughter
Rising Moderately
< )ne of the aspects of the fall cattle runs which will be watched with unusual interest is the trend in cow slaughter. This has been quite revealing of the build-up in beef cattle numbers in the past two years and now is reaching the point at which it could become important to the prices of lower grade beef in the next couple of years.
Hie nub of the situation is that cow slaughter has been reduced sharply as cows were held back for another calf crop. It is believed by some cattle business observers that as many as‘ S mollion head that normally would have been culled are still in producing herds —or were as of January I this \ ear. 'That is round 20 per cent of total beef cow numbers.
This trend is shown by cow slaughter figures. In 19SS federally inspected plants pnxessed 4.6 million cows, an 1 in 1939 only 3.K million. '1'he departure from normal represented here is shown by the fact that duiine 1934-37 an
50.2%