Poultry Market Study Indicates Slight Drop in Egg And Broiler Prices for Period Oct. 1958-June 1959 CHICAGO, ILLINOIS “U S farm egg prices from October, 1958 through June, 1959 will probably average around six cents a dozen lower than the same period a year before The October-December price will average about 38 cents, and the January through June price will average about 31 cents a dozen Farm prices for broilers from Oc tober through December, 1958 will probably average 15 cents to 16 cents per lb —one to two cents below the same period last year The average August farm turkey price of about 25 cents a pound was two cents above a year ago. This strong early market reflects a reduction in mar ket supplies Prices for November and December will rise less than normal for the season due to increased late marketings There may be little or no change in price then from the August average ” So staled the Poultry Survey Committee in its seventh report to the nation’s poultiy and allied industries at the conclusion of a two-day meeting in Chicago Committee members aie Dr. S K Christensen, Oregon State College, Dr William R. enry. North Carolina State, Dr R L Kohls, Purdue Umv, and Dr Henry Larzelere, Michigan State These outstanding college econo mists were assisted in their stud ies by industry and USDA econ omists, serving ex-officio, in an advisory capacity Co sponsors of the study group are American Broiler Council, Poultry and Egg National Board, National Turkey Federation, Amenan Poultiy and Hatchery Fedeiation, and American Feed Manufacturers’ Association Following is the committee’s complete report EGGS Egg prices from October, 1958 thru June, 1959 will probably average around six cents per doz lower than the same period a year Before U S farm puces Oct. through Dec will average about 38 cents per dozen The fall peak in egg puces will probably occur either in Sept or early Oct Prices for the Ist six months of 1959 will av erage about 31 cents with the lowest prices next spring likely occumng between April and June The large current production will moie than offset the effect of record small stocks of shell eggs m storage There were one per cent more layers in farm flocks Aug 1, 1958 than a year earlier In addition, tha larger number of lepldcement pullets raised this year indicates that the U S laying flock will be three to five per cent larger on Jan 1, 1959, than it was at the start of this year The late of lay per hen during the Ist six months next year is expected to continue upward as it has in the past Due to all these factors egg production duung the Ist half of 1959 will likely be four to six per cent above the same period in 1958 The low prices this winter and next spring will probably in fluence farmers to order fewei egg-type chicks' during next year’s hatching season. BROILERS U S farm prices for broilers from Oct. through Dec. will prob ably average 15 to 16 cents. This is one to two cents below the same period last year Mar ketings will be about 10 per cent higher than a year ago, even though chick placements have been cut sharply from the sum mer peak. During tha Ist three months of 1959. average farm prices may be 17 to 18 cents. This will be two to three cents under a year earlier. This assumes five to ten per cent more broilers may be sold during this period than in the same three months of 1958. It is expected that two factors which strengthened the early 1958 market will be missing. Thes-a were the unusual mortal ity which sharply reduced broiler supplies, and the relatively short supply of competing red meats early this year. Pullet replacements in broiler supply flocks from Jan. through July, 1958 were increased 30 per cent over the same period in 1957 There will be more broiler chicks available the Ist three months of 1959, compared to the same period in 1958, but the inciease will be less than the 30 per cent pullet replacement figure would suggest Broiler chick prices dropped sharply in August and are ex- Added Nutritional Strength —IN FUI-O-PEP FEEDS MAKES HENS s' ' 40 to 60 more eggs per 50 pound bag! Hens on test at the Ful-O-Pep Research Farm produced 40 more eggs per 50-Ib. bag of feed on new super Ful-O-Pep Lay ing Ration, and 60 more eggs per bag on new super Ful-O-Pep Laying Mash (fed half and half with corn). That’s an average of one extra egg per pound of Ful-O-Pep. 3.51b5. of Fui-0-Pep produces 1 dozen eggs! Tests show that hens fed this new Laying Ration averaged pro ducing a dozen eggs on less than 3.5 lbs. of feed ... laid 40 more eggs per 50 lbs. of feed ... ate 60 lbs. less feed per day, per 1000 hens, over the regular laying ration. That’s super-efficiency!... efficiency offered you in new Ful-O-Pep. A feed for every need Yes, Ful-O-Pep offers you high-quality complete rations high-efficiency mashes to feed with grain and high-potency concentrates for mixing. And with Ful-O-Pep you get the nu trients you pay for ~ . you get added nutritional strength! See your Ful-O-Pep Dealer today. fULQPEp (Se£ oAAjmL nuPuXioTUfJi IridrO Grubb Supply Elizabethtown, Pa. J. C. Walker & Son Gap. Pa. peeled to continue low This will encourage liquidation of broiler breeder flocks Broiler production costs, espe cially chick prices, will be some what lower from January through Maich, 1959 than was true the ■-ame months of 1958 However, the reduction will not be enough to offset lower market puces for broilers The August price of live tur keys averaged 25 cents a lb two cents more than last year This strong early market reflects a reduction in market suppplies The heavy breed poult hatch from January through April which is the principal source of early season supplies was off about 10 per cent Storage hold ings in August were high but below year ago levels Prices during November and THE QUAKER OATS COMPANY-CHICAGO, ULINOIS For FUL-O-PEP FEEDS See Your Nearest Dealer TURKEYS LAY TO THE LIMIT! j* H. M. Stauffer & Sons., Inc. Leola, Witmer & Honks, Pa. Morgantown Feed & Grain S. H. Hiestand & Co. Salunga, Pa. Stevens, Pa- Lancaster Farming, Friday, September 12, 1958—5 December will rise less than nor mal foi the season In fact, there may be little or no change from August prices The number of turkeys going to market in No vember and December will ex ceed those sold last year during the sam epenod They will be the birds hatched between May and July when heavy breed poult production was five per cent above 1957 Government purchasing of turkeys for the school lunch pro gram no doubt helped strengthen season opening prices Whether such purchase activity will be continued late in the season in unknown Storage holdings on Febiuary 1, 1959 will be equal to or larg er than the record levels of early 1958 There will be a substan tially larger post-holiday slaugh ter coming from the increased late summer hatch It appears more turkeys will be taised next year Profits will probably be better this year v * U. S. FARM PRODUCTS ON DISPLAY IN LONDOtt During the British Food Fan which opened in London August 28 to urn thiough September 11, it is expected that more than 300, 000 British consumers and otheis v ill see U S farm products on display An exhibit tor this pui 1 - uose has been arranged by the LSDA and U S pnvate oigani/a Lons Products Irom this countiy to be featured include wheat, Hour, rice corn products, tobacco, iiuits poultrv, laid, and meals than last There aie moie po tential breeder hens now Thcie will be plenty of feed next >ear and at about the same prices paid in 1958 Increased population plus an expected increase in consumer in come indicate that about three per cent more turkevs could he marketed in late 1959 at about 1958 puces Production increases in excess of this amount would move at lower prices * .V", D. W. Hoover East Earl, R. D. 1, Pa. i s A, X* - - ' * 'M
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