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Weekly Farm
Price Oulook
' <Thl* te the wejr proepecta fot Virginia farm prices looked to the Virginia Dept, of Acrid at are on Friday. The Department offers it to farmers with the warning that no one can predict prices and be right all the time.) Lambs
Prices apparently reached their spring peak with a high of $25.70 for prime lambs during the first week in June. Prices dropped $2.50 per hundred-weight the following week but some slight recovery is expected during the next two weeks or. until about July 4. Then prices are expected to follow the usual gradual seasonal decline.
Slaughter has been a little less than the same periods last year, but lambs are feeling some competition from heavy supplies of other meats. Total federally inspected slaughter of lambs in April was 6 per cent less than April, 1962. In May, slaughter was down about 10 per cent from the previous year. No apparent advantage is seen in marketing lightweight or low grade lambs in the next few weeks, however the market should be fairly good for finished lambs. Prices last week at Virginia auctions were: prime$23.25, choice-$21.50, good$18.50 and utility-$15.25. In Chicago last week, choice and prime were bringing $22.75 and good and choice-$21.50 to $22.25.
Turkeys
87.1%