The Clinton chronicle. (Clinton, S.C.) 1901-current, November 19, 1953, Image 9
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Volume LIV
Clinton S. C. # Thursday, November, 19, 1953
Number 47
BABSON DISCUSSES LIVESTOCK
SITUATION
By ROGER W. BABSON ish factors, however, now appear to
Babson Park, Mass., Nov. 19—Al- be fairly well discounted, barring
though I own a 12,000 acre ranch in a further serious drought or a sharp
Florida, I have never gone in for business recession. Florida surely
livestock raising; hence, I am by should do better,
no means an expert on this branch Many cattle producers are asking
of agriculture. What I have to say. for Government support; but many
on the subject is purely from the others want to stand on their own
layman’s point of view. | feet and see the thing through. I
Headaches In The Cattle Country doubt that Uncle Sam will sup-
The cattle business is an up and I Port cattle prices; but may extend
down affair, and is one in which! a id to drought stricken sections,
the inexperienced operator cam lose Smart cattle men who tend their
his shirt. For about a dozen war ' own cattle, with ample pasture and
and post-war years the industry, feed, should be able to make money
prospered. Everyone in it was ! cattle next year. But it remains
making money, J an uncertain enterprise for the in-
and as a conse- e ^™; nced a / ld ^ ose ^ ho do T not
i ride the ranches themselves. It is
qu e n c e everyone j f rau ght W jth y e ^ f u u c f c hal-
wanted “to get in- lenge for the man with livestock itt
to the act,” with or. his blood and know-how in his
without experience. | head. .
The big operators. Hog Growers Doing All Right
also expanded, de-i The hog cycle is a shrot-term af-
spite high prices; fair and is.more closely under the
\JUf«r W
for stockers and
feeders. Cattle
numbers increased
rapidly, until the number on U. S.
farms hit an all time high of 93,-
696,000 head 3s of January 1, 1953.
The number on feed on that date
alec stood at a record high of 5,-
control of the producer than is the
case with cattle. The so-called hog-
cbm ratio is the determining fac
tor. U. S. hog production hit a
record high of 101,811,000 head in
1951. This year’s indicated crop of
some 84,000,000 head is a five-year
low and prices have been corre-
826,000 head—16 per cent above a ( spondingly high—higher, in fact,
year earlier. The cattle cycle trend | than in any other years except 1947
cannot quickly be altered. |and 1948.
Attractive prices were the chief What is the outlook for next
expansion lure. Weekly average year? With the hog-corn ratio cur
carttle prices soared to $37.35 a hun
dredweight by September, 1951. In
rently around 15.0, compared with
11.9 a year ago, I forecast an in
April, 1951, prices of heavy steers: crease in hog production. The 1954
at Chicago stood at $43.50. But spring pig crop may top that of a
trouble in the form of a drought year earlier by 5 per cent or more,
was brewing in the Southwest. | These larger supplies will not come
Prolonged hot, dry weather scorch-1 on the market until the second half
ed the Southwest and other areas of next year. Prices in the fall of
in 1952 and 1953.. Pastures virtual-’ •
ly evaporated. Feed Former OroHanaae
mounted in the stricken areas runner v/rpnunage
Many ranchers had no alternative j MotrOll rOSSCS
but to rush their cattle to market, i
As a result, the bottom fell out.! Miss Cora R. Richey, retired
Cattle prices at Chicago recently 1 member gf the Thomwell orphan-
1954, as a result of increased mar-j
ketings, may show more than ttye
usual seasonal decline. Although
hog prices currently are under mild
seasonal pressure, they should be
followed by a good recovery later
What About Sheep?
averaged $24.50; heavy steer prices
$29.75. Many cattle raisers today
are in serious difficulty.
Action and Reaction
age matrons’ staff, died at the Cam
den hospital Monday afternoon fol
lowing an extended illness.
Funeral services were coqducted
The Law of Action and Reaction ; there Tuesday afternoon with bur-
applies as much to the cattle indus- ial following today in the Presbyte-
try as it does to any other indus-1 rian bhurch cemetery, Morristown,
try, or to the entire national econo- Ohio.
my. Over-expansion in any direc
tion inevitably leads to readjust
ment, which often is painful. We
Miss Richey was bom in Wash
ington county, Pennsylvania, the
daughter of the late John L. and
appear to be at or near a cyclical! Sara Lynn Richey. Since giving up
peak in the number of cattle; the I her work here several years ago
next broad move will be . down, she had made her home in Camden.
Even so, the number of cattle on
farms next January may not differ
materially from that of a year ear
lier. This means that slaughter and
supplies of beef will continue large,
seasonal factors considered. Bear-
She is survived by two nieces and
one nephew.
Miss Richey, pleasantly remem
bered here by many friends, served
the Home of Peace at the orphan
age as matron for 25 years.
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I am not optimistic over the sheep
outlook. The industry has been on
the downgrade in the U. S. since
1942. Feeble attempts at expan
sion were made in 1951 and 1952,
but were not sustained. Increased
production costs, plus stiff compe
tition from foreign wool and syn- CARD OF THANKS
thetic fibers, argue against any ma- We wish to thank our friend; for
jor upturn in domestic sheep num- the flowers and many kindnesses
bers over the next few years. , shown us during our illness Your
The opinions of Mr. Babson are thoughtfulness is appreciated
published in THE CHRONICLE ev- —MR. AND MRS E.
cry Thursday. I FRANK ANDERSON
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