Publisher's Synopsis
Excerpt from Weather, Crops, and Markets, Vol. 1: June 3, 1922
A comparison of monthly average prices for April this year and last develops some rather striking features. The average price of all classes of live cattle slaughtered in the United States was 90 per 100 lbs. Lower this April than a year ago. The price of calves was 530 lower. Beef, however, declined and veal per 100 lbs. In the case of hogs, however, the average mice for April was higher than for April, 1921. Smoked hams were higher and lard 22[ higher per 100 lbs. Fresh loins how ever, declined and smoked bacon from the prices prevailing in April, 1921.
In the case of sheep and lambs the sharp reduction both in the number slaughtered and the amount of dressed lamb and mutton produced resulted in the price of live sheep and lambs advancing per 100 lbs. Over April, 1921, or more than 50-76. The price of good grade dressed lamb at eastern markets advanced per 100 lbs. Over April, 1921.
In most instances exports of meat and meat products showed sharp curtailment. Exports of fresh pork, for example, were only lbs. During A ril, compared with during Apri 1921. Exports of cured pork decreased lbs.' and those of lard lbs. There was, however, an increase of lbs. In ex ports of cured beef and veal and of more than lbs. In exports of tallow. Imports of lamb and mutton during the month amounted to lbs. Compared with slightly more than lbs. During April, 1921.
Without exception storage holdings of fresh and cured meats at the end of April were less than those of a year ago, decreases, in some cases, being enormous. It seems probable that a decrease of approximately lbs. In lard holdings had some thing to do with the fact that despite a de crease of nearly 1 1h. In both the average live weight and average dressed weight of hogs slaughtered, there was an increase of lbs.
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