TABLE 9.-Prices received by farmers for meat animals, parity prices, and price received as percent of parity, 1935–39 average-by years, 1947-50; by months, 1950-51 Period 1935-39 average.. By years: 1947. 1948. 1949. 1950. BY MONTHS 1950-January. February. April May. June. July. August September. October.. November. 1951-January. Period By years: 1947. 1948. 1949. 1950. BY MONTHS 1947-January. February March. April. May. June. July. August. September. as Price $6.56 $6.89 18.50 12.50 22.40 13.40 19.90 13.10 23.10 17.40 19.70 20.50 21.20 November. Beef cattle 21.90 23.10 23.70 24.40 24. 201 24.60 24.20 24.60 25.20 27.00 29.00 29.70 30.20 Retail price. Choice grade i Cents 61. 1 73.7 66.8 73.5 16.90 16.80 17.00 17.00 17.20 17.30 17.40 17.50 17.70 17.70 17.80 18.00 19. 16 19.40 19.70 19.90 54.9 54. 1 55.4 55.1 61. 1 percent Percent Cents Net farm value 2 44. 2 53.0 45.6 51.8 62.7 66.2 68.9 67.7 65.9 Footnotes at end of table, p. 692. 40.7 39.5 Beef 40.7 39.9 40.7 43.4 45.3 46.9 49. 1 48. 2 95 $8.39 148 167 152 133 47.9 48.9 115 121 124 129 135 137 141 138 140 137 140 141 141 149 151 152 1 Annual prices are unweighted averages of monthly prices. Parity through 1949 is computed from the standard formula then in effect. Parity beginning January 1950 is the effective parity as currently calculated and published. As of January 1950 the new parities exceeded those calculated from the old formula by $3.80 for beef cattle. $1.20 for hogs, and $4.40 for lambs. The new parities reflect average price relationships between meat animals and other farm products during the most recent 10-year period. Source: Bureau of Agricultural Economics. 24.20 23.30 18.30 18.20 TABLE 10.—Average retail prices and marketing margins for beef and pork, United States, 1947-51 Cents 15.10 16.60 16.00 15.7C 18.30 18. 20 20.90 21.70 21.30 19.20 17.80 17.80 20.00 22.00 21.20 20.60 16.8 20.7 21.2 21.7 Hogs 14. 2 14.6 14.7 15. 2 17.7 17.4 19.8 19.5 17.8 17.0 Price Price $9.25 16.70 18.00 17.60 19. 20 18.70 18.60 18.80 18.90 19.10 19. 20 19.30 19.40 | 19.60 19.60 19.80 19.90 20.60 20.90 21.20 21.40 Percent of retail Margin price re ceived by Percent 72 68 70 as percent of parity Percent 71 73 74 Retail 145 129 104 95 Cents 81 89 86 83 97 93 111 111 108 98 90 89 97 105 100 44. 1 43.4 49.8 47.0 44.0 21.70 23.00 24.00 24.10 $7.79 $7.48 20.40 13.50 22.70 14.60 22.70! 14.20 24.80 19.10 24.70 24.80 24.70 25.00 25.70 26.00 26.80 27.60 30.00 33.30 35.00 34.30 45.3 1 • Net farm value 2 Cents Lambs Pork, including lard 33.6 32. 4 25.3 as Price Parity received price per 100 percent pounds? of parity 30.4 33.8 36.8 33.2 30.9 30.7 30.6 32.8 18.60 18.60 18.70 18.80 19.00 19.10 19.10 19.30 19.50 37. 1 19.50 19.70 19.80 21.00 21.30 21.60 21.80 Cents 15.1 15.7 15.3 Percent 104 13.7 13.0 13.8 152 156 159 129 Percent of retail Margin price received by farmers 13. 1 14 6 14.5 116 123 127 128 129 130 129 129 131 132 136 14. 1 138 143 156 162 157 TABLE 11.-Prices per 100 pounds received by farmers and selected market prices for beef cattle, and number of feeder cattle shipped at 5 markets, by months, beginning January 1951 and by weeks for May 1951 1 Grade names are those in effect beginning Jan. 1, 1951. * Average for all weights and grades. Chicago, Kansas City, Omaha, South St. Paul, and Sioux City. TAMER 19 Specified average prices and coata in the feeding of aterra in the Corn Hell, 18an [Resting a 100 port steer bought in fall for ante the following spring) 40 to 1940 60, with 1000 61 comportaona at OPN TABLE 13. Cattle feeding: Illustrative calculations of net returns at selected prices for feeders and at OPS ceiling prices for slaughter steers, for 4 kinds of cattle fed1 Calculated from rations at January-April 1951 feed prices and steer weights, as shown in tables 15 and 16. Choice, $34.20. 3 Reflected ceiling prices at Chicago, derived from OPS wholesale meat ceilings, as follows: June and July-Prime, $37; Choice, $34.20. August and September-Prime, $35.50; Similar to average prices of "Choice 500 800 pound feeder steers" and "Good 500-800 pound feeder steers" at Kansas City. Assuming about half of steers sold in this class grade Choice and about half Prime. If steers sold at Choice grade, all returns would be decreased by about $16 per steer, while |