—Lancaster Farming,
6
Friday, Aug. 17, 1956
Costs Decline
For Storage of
Wheat Stocks
Washington (USDA)
Aveiage annual costs of stonng
reserve stocks of wheat declined
from 10 21 cents a bushel for
a 100,000-bushel elevator to 733
cents a bushel for a 700.000-
bushel elevator, when both
were used at full capacity, ac
cording to a maiketing research
icport issued by the U S De
pai tment of Agriculture
Reserve stocks, as defined in
this report, refer to wheat that
has been delivered to hte Gov
ernment by producers in satis
faction of loans under the price
support program The wheat is
a year old when delivered and
may be stored one or more',
years under the reserve stock
program
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Puerto Rico Regains
Allotments on Sugar
Washington, (USDA) The
US. Department of Agriculture
has announced a revision ot al
lotments to processois of the
1956 mainland and local sugar
quotas for Puerto Rico which
pei nuts marketing of the full
allotments The revision is based
on final data on production of
sugar from 1955-56-crop cane,
1955 marketings, and January 1,
1956, inventories of sugar. The
revised allotments are estab
lished on the same basis as those
in Sugar Regulation 814 15.
Mrs. Mary Cameron Aarcher,
who recently observed her 106th
birthday “I’ve lived all, my life
according to God’s rules ”
The report analyzes wheat
stoiage costs in 22 representa
tive reinfoiced concrete eleva
i tors in western Kansas, in 1,000-
to 13,104-bushel round steel
• bins, and in 25,000-bushel capa
i city quonset-type buildings The
Kansas Agricultural Experiment
Station cooperated with the
Marketing Research Division of
the Agricultural Marketing Ser
vice in making this s’tudy.
A sharp increase in the unit
cost of storage accompanies each
decrease in degree of. utilization
of storage space Researchers
found that the cost of storage
m a 100,000-bushel elevator
used at one-fourth capacity was
29 51 cents for each bushel
stored, or 19 3 cents more than
the cost per bushel for wheat
stored in the same elevator used
to capacity Approximately 67
per cent of the inciease in cost
occurred when utilization de
creased from 50 to 25 per cent.
Costs of storing wheat on
farms were generally at least
'5O par cent higher a bushel if
storage space were only half
used than if it were all uSed,
the report shows. The annual
i < ,t of storing wheat in a 1.000-
bi.shel bin used at full capacity
was 8 cents a bushel, but the
cost increased to about 12 cents
at 50-per cent utilization
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Feb. 11, 1949 Bellboy’s Nancy’s Ann,
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Copies Available
Unit costs of storing wheat
in a 2,200-bushel farm bin were
higher than m bins of any of
the other sizes or combinations
studied Mechanical aeration
was considered necessary for
the 2,200-bushel bin. but not
for the 1,000-bushel bin When
space was fully utilized, costs
of storing wheat were 8 01 cents
a bushel in a 1,000-bushel bin
and 835 cents in a 3,276-bushel
bin, but 980 cents in a 2,200-
bushel bm
A single free copy of Market
ing Research Report No. 124,
“Costs of Storing Reserve Stocks
of Wheat at Country Elevators
and on Farms in Kansas,” may
be obtained from the Office of
Information, U S Department
of Agriculture, Washington 25,
D. C.
mile
Grand Champion Ayrshire
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Although his Angus s failed to place, Lai
of R 1 Bainbridge is ready to try again in the Garden Sp<
Baby Beef Show Jacob did realize $30.75 cwt on his 7i
lb-entry in the Wednesday, sale. (Lancaster Farming Stai
Photo).
What’s I
What’s so easy about “child’s | One thing is sure about liu«
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the Fifth Annual SPABC Cattle Show in
Lancaster. Her owner is John E. Ockei,
Rl Shippensburg, Pa. -
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Phone 109R2
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