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Instead of the usual sharp, downward price trend In late summer, gradual declines are expected. No advantage is seen in finish ing light, but it should be profitable for producers to finish as soon as possible at preferred market weights not exceeding discount levels. Although-slaughter soon will begin turning up seasonally, the level will be under that of a year eaflier. As of June 1, hogs and pigs not kept for breeding in the 10 corn belt states were down about 6 per cent from a year earlier for weights under 179 pounds. Frozen pork supplies on June 30 were estimated at 59 per eent above the five year average.
Continuing heavy supplies of jeef and at least an equal supply of broilers will continue to affect pork consumpion.
Prices last week at Virginia auctions ranged from $17.75i 18.50. Richmond prices ranged from $18.00-$ 18.50, Baltimore $18.00-$18.85, and the Midwest market $17.00H8.00.
90.4%