Heppner gazette-times. (Heppner, Or.) 1925-current, July 31, 1980, Page TEN, Image 10

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    TEN-The Heppner Gaiette-Tlmes. Heppner. Oregon, Thursday. July SI, IMO
Record production pushes meat prices down
Meat and livestock prices
averaged well below year
earlier levels during the
second quarter of 1980-pri-'
marily because of record pork
and poultry production, year- k
to-year increases in beef
production, and declines In
real consumer income, ac
cording to a U.S. Dept. of
Agriculture livestock and
meat summary.
Record supplies allowed
consumers to substitute meat
whenever the price of one rose
relative to another, keeping
downward pressure on all
meat prices. Retail pork
prices, averaging about $1.25
per pound, were down 16
percent from a year earlier
and the lowest since the
second quarter of 1977. Beef
averaged about $2.32 per
pound, down 2 percent from a
year earlier.
The drop in livestock prices
at the producer level was
evern more severe. Hog prices
in April and May fell below
$30, about $15 below a year ago
and the lowest price since
June 1974. Fed cattle prices
were about $10 below a year
ago. These low prices continu
ed to keep returns to produc
ers below the cost of produc
tion, and this is likely to result
in a cutback in meat produc
tion later in the year.
- Beef and broiler production
will likely drop from year
earlier levels in the third
quarter, and pork production
may decline in the fourth
quarter. However, total meat
production will stay large with
third quarter production re
maining above year-earlier
levels. Fourth quarter pro
duction, while falling slightly
below 1979 levels, will still be
up 1 to 2 percent from 1978.
Pork production is expected
to continue above year-earlier
levels during the third quarter
of 1980. but may fall from last
year's level by the end of the
year. The June 1 inventory of
market hogs and pigs was 3
percent above a year earlier.
These hogs will be marketed
over the next 6 months. The
wieght distribution indicates
hog slaughter will be 5 to 7
percent above a year ago in
the third quarter but fall 1 to 2
percent from year-ago levels
in the fourth quarter. The
breeding inventory and far
rowing intentions were both 8
percent below a year earlier,
suggesting hog slaughter will
decline sharply in the first half
of 1981.
Beef production in the
second half of the year will fall
below year-earlier levels, re
flecting the sharp reduction of
cattle placed on feed during
the first half of the year. The
number of cattle on feed on
June 1 in the 7-major feeding
states was down 11 percent
from a year earlier and the
lowest June 1 number on feed
since 1975. Fed beef produc
tion is expected to decline, but
increased slaughter fo cows
and nonfed steers and heifers
may offset most of this
decline. However, continued
hot, dry weather and deterior
ating pastures could further
boost nonfed slaughter.
With a seasonal drop in'
meat production this summer
to near year-earlier levels and
a year-to-year decline late in
the year, second half 1980
livestock and meat prices are
expected to be higher than
they have been this spring.
The retail price of pork in the
second half of the year may
average around 15 percent
above this spring's low level,
but it would still be only about
5 percent above a year earlier.
On the other hand, retail beef
Eighteen Mt. Vernons
Fourth grade children here at
Lincoln Elementary School
learned about other towns with
the same name as their own
Mount Vernon.
They found 18 Mount Ver
nons in the U.S. and wrote let
ters to all. Sixteen responded
with brochures, photos,
souvenirs and personal letters.
The smallest was Mount Ver
non, Ark., with 132 people. The
largest was the students' own
city, with 77,535 persons. All
but two of the children in the
class said their own Mount Ver
non was where they want to
prices could rise about 5
percent from the spring and
be about 10 percent above a
year earlier. At the producer
level, hog prices rose from
below $30 to the low
the end of June. However, hog
prices are expected to decline
seasonally by late summer
and average in the upper-$30's
Prices Effective Now Thru Aug. 3,
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HI 1 mm ltafcikawadl kr
Washer feature permanent press cycle
with special coot-down rtnee, IfrgaJlon
capacity, 4 water temp and lint filter,
hem 342-279
Dryer features auto-dry control, 3 drying,
temperatures, porcelain enamel top and
large DurQMMon drum. Item 34Z-3ii
19 Inch
100 Solid Stata
Features General Electric Color Monitor
system that automatically adjusts the pic
ture color and an Energy Conscious
chassis that uses an average of only 90
watts power. Item 486-458
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19 Inch
Quartz Precision Tuning
Color Monitor II with random access
keyboard control features room light sen
sor and set-and-forget volume control.
Item 454-363
$40's by
for the second half of the year,
about the same as a year ago.
Choice steer prices may
average near $70, $3 to $4
above a year ago.
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Range forage outlook good in eastern Ore.
The range forage outlook for
eastern Oregon, based on
reports from 66 stations, is
good, and that is a conserva
tive estimate.
"The overall mean Is 122
nercent of normal," said
Forrest A. Sneva, USDA
research agronomic at the
Squaw Butte Agricultural
Experiment Station in Burns.
He said forage yields of
about 103 percent of normal
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Qanerai Electric MfcroTbermometer1
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microwave cooking. Feature digital
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Ham 384-875
Magic Che feature. Delay Start. 4 Level
Memory tor heating time, 10 different
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Kern 372-033
13.9 Cubic Foot Capacity
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Features two Ice 'n Easy trays,
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"Exceptionally heavy rains
which hit much of the range in
August lust year are believed
to have had a beneficial
influence," Sneva said.
"Too, the 1980 growing
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season has been somewhat
cool. This has reduced the loss
of soil moisture through evap
oration and slowed grass
growth, making the use of
total moisture more efficient."
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The 6-cycl Pol c rubber dish
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