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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (May 13, 1955)
Cattle Prices Following 1954 Pattern By 1J1XJE L. MADSEN --" Farm Editor, The Statesman. CORVALLIS Oregon cattlemen, who held their annual convention here this week, learned, on the sidelines, that fat cattle price lev els and patterns similar to last year seem most likely for the rest of 1955. The agricultural market outlook, Issued here this week, says that stocker and feeder prices may not hold up quite so welL Marketing specialists explain that this means best prices for beef cows are at hand or - just past They are likely to work lower by several cents as culling and mar ketin pick up this summer and early falL Prices for fat cattle grading good or better started slipping about mid-April and may decline even more during May and June, if the nation's feedlot operators carry out their spring marketing plans. In April, these operators had 14 per cent more cattle on feed than they had last April .and they are ex pected to market about 20 per cent more by July 1. Through March, beef slaughter held about even with the first three months of 1954, but gained a little last month. Seasonal Rise . After July, top grades of slaugh ter cattle should show the usual seasonal rise in prices, providing unfavorably weather doesn t force heavy selling of range herds. Much increase over last fall in grass cat tle marketings would bring lower prices for these kinds, checking rise m prices for top grades that usually lasts through September. Cattle feeders may not bid quite as strongly as usual later this year when stocker and feeder market 4754-58-68 30 JOISTS 65-7M7-89! MAT X JUNE 62-73-76 CANCB JUNC 23 JULY 33 UA3-72-86-90 JULY 24 a AUG. 23 7-S-43I 53-54-71 VKCO AU& 24 $ePT.22 3- 5- 914 -28-39 JK Tour DoHr'AOhily CoioV JK f According lo fho Store. " To develop message for Friday, ceod words corresponding to number ct your Zodiac birth sign. 2 5omcno 3 Kmp 4 You SCmU Dont 7 Us t Nothing 9 Stock lOTrovWo: II Fint 13 Fori If 14 Of V 15 Flow S 16 Movtt 17 Yoir . IS Ut 19 Allow 20 Pull 21 B 22 Co 23 Cnd 24 Me 25 Artuntf 26 Folks 27 Paoplo 28 And 29 Into 30 Flnty 31 Srowtoo 32 S 33 Or 34 Tht" 35 Whr 36 Coutd 37 Mailman 3 Drwlop 39 40 Your 41 ShouU 42 Of 43 By 44 Into., 45 Shed' 46 Brine 47 It i 48 Evonts 49 With - 50 You ; 51 You 52 Win 53 TokinB 4 Your 55 That 56 Con 57 Your 58 Mrt 59 Cheery 60 B 61 Thsro 42 Can 43 You 44 And 5 Timo 6 AwjUiUpi 57 Mark 68 69 Art 70 Any 71 Ti 72 In 73 Bring" 74 Tnt 73 Nw 76 Profit 77 In 78 To 79 PiocooJ 80 Wook 81 Your 82 Tru S3 Frit4 84 Links . 85Corcfur 86 Bod 87 Raodk . 88 Favor 89 Decision) 90 Light T . Sfc OCT. 2 Vh 164-67-74 1A Good AoVcne () Neutral 34-37-fJ 150-59-75 NOV. 23 DK.22 15-3W8-52 60-77-81-88 1-2347-61tl 69-70-804 VjJ 0.I2-3M9, P7-66-79-85 res 20 MAR. 21 M7-2436.T1 E of G Meet Opens Today In Portland PORTLAND U The three-day annual Oregon Knights of Colum bus convention gets under way here Friday. Some 250 delegates and guests are expected. - The opening session will be addressed by the Rt. Rev. Danian Jentges abbot of St Benedict's Abbey ML Angel. A pontifical high mass will be sung Saturday morning at St Mary's Cathedral by the Most Rev. Edward D. Howard arch bishop of Portland. The archbishop will apeak at a breakfast to follow. A patriotic ceremonial program open to the public will be present ed1, Saturday morning by Fourth Degree Assemblies- of the state. The annual dinner is scheduled for Saturday -night Officers will be elected Sunday. Presiding at convention sessions will be Michael R. Hine Tigard state deputy. ings increase. Feeders' margins) are smaller this year and the more cautious have their eye on the pos sible effects of larger supplies and lower pnees of pork that lie ahead for this fall and next winter. Weather Influences Others, more optimistic, are pointing toward consumer incomes and prospects for lower grain and concentrates prices as a basis for steady to higher prices for feeder cattle during the rest of the, year. Much depends on how the weather affects local and national feed con ditions during the next six months. Recently, stocker and feeder prices at , Ontario and Portland have been about the same to a little higher than last year. Last year's stocker and feeder prices at these key Oregon markets hit their peak in May and June. ' i - 1 BROWN'S FABULOUS VALUE 1 955 )mm 1.2 - iitn --v.....-"-;-1-rttv. Avt-.rW1)tjT , PAT AS CONVtNItM only I TERMS ARRANGED jiwinet"T,,T JvwrtL 'arawen 6 . a i OFFERS PROOF): It Costs No Mori to i i t Wear the Very Dest! Best Buys for Boys . 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