16—Lancaster Farming, Saturday. July 20,1868
• WHEAT TROUBLE
(Continued from Page 1}
more wheat thrown back onto
the domestic market. This would
depress U. S. wheat prices.”
A more immediate market
depressant, the Federation presi
dent said, is he export tax im
posed by Secretary Freeman to
raise U. S. export prices above
9hc domestic price. This tax is
paid by the exporter. The Secre
tary has authority to do this un
der the Food and Agriculture
Act of 1965.
WITH AN anticipated record
U. S. wheat crop, plus Increased
world supplies, exporters are ex
pected to bid less for wheat on
the domestic market.
*Tn effect we now have a
double tax on wheat,” Shumar
said. “In addition to the new ex
port tax, we also have the certifi
cate provisions of the presen*
whtat law which, in effect, im
pose a tax on the processing of
wheat for domestic consumption
“I don’t know where you
could find a beter example of
the failure of government con
trol and management programs
than in wheat.
“In wheat we have a docu
mented record of costly mistakes
by a government administrator
In 1967, Secretary Freeman
called for increased wheat pro
duction to feed a hungry world.
It turned out that he guessed
wrong on world supply and de
mand so he called for a 13 per
cent decrease in 1968 production
and got a nine percent decrease
in acreage ut a substantial in
ciease in bushels produced.
“THE WHEAT situation re
veals two great errors in govern
ment supply-management pro
grams. One is the idea that you
can get adjustments in produc
tion through acreage controls
Secondly, it has been proved
once again that a government
administrator, regardless of his
qualifications is not capable of
deciding future faim pioduction
needs. Secretary Freeman has
admitted that no one could have
foreseen or anticipated the
change in world supplies when
• WHEAT VALUE
(Continued from Page 1)
and the 1968-crop national aver
age loan rate of $125 per bushel
The 1967 value was $136 per
bushel.
Wheat marketing certificates
are authorized by the 2-price
provisions of the Food and Agri
culture Act of 1965, guarantee
ing participating farmeis 100
percent of wheat parity price
for their share of the wheat used
for domestic food This substan
tially bolsteis faim income for
wheat while pei nutting suppoit
of market puces through loans
at levels more competitive in
world trade channels
Fred G Seldomndge. Chair
man, Agncultui al Stabilization
and Conseivation County Com
mittee, said this week that cer
tificate payments to farmers pai
ticipating in the 1968 wheat pio
gram will begin about July 15th
from the ASCS county office
The payments will be based on
the pi ejected production of 40
percent of the faim’s planted
acreage within the 1968 wheat
acreage allotment About 19 per
cent of the county’s wheat allot
ment is on participating farms
Nationally, ceitificate pay
ments to approximaely 837,000
participating farmers will total
about $730 million for the 1968
wheat crop About 85 percent
of the national allotment is on
participating farms When le
lated to the production on the
49 2 million acres of allotment
on paiticipating farms, the $730
million in certificate payments
represents additional income at
a national average of 55 cents
on each bushel produced by par
ticipants The total average re
turn per bushel will depend on
puces farmers receive in the
market from their 1968 wheat
he made hit dcclilon to increase
1967 production by boosting
wheat acreage allotments by 32
percent.
“With this record of failure,
not only in wheat, but in most
of the other controlled crops,
Farm Bureau it opposed to any
extension of the Food and Agri
culture Act of 1965.
"On both the adjusted and un
adjusted basis the parity ratio is
the lowest it has been since the
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I CUSTOM SPRAYING |
HIGH PRESSURE WASHING
and
DISINFECTING
in all types of poultry houses.
MAYNARD L. BEITZEL
s Wltmer, Pa.
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Henry E. Garber
R. D. I, Elizabethtown, Pa.
L. T. Geib Estate
I. B. Groybill & Son
Refton Strasburg
E. Musser Heisey & Son
R. D. #2, Ht. Joy, Pa.
depression year of 1134. Extend
ing the 1965 Act would have the
•erioui effect of locking farmers
Into this unsatisfactory situation.
“With Congress having passed
a 10 percent tax. Increase and re
quiring a cut of $6 billion in
budget expenditures, it is highly
inappropriate to extend the 1965
Act at an estimated cost of morb
than $3 billion a year. Extension
of this Act would soak up ap
proximately one-third of the re
cent increase in taxes with little
if any benefit to farmers.”
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Lititz
Atglen
Eiverson
Manheim
Phone 392-7227 =
to use these feeds!
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A bulky horse feed that keeps horses firm; promotes
good growth.
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For young, growing and prized horses. Contains grains,
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RED ROSE EQUINADER
Heistand Bros.
Elizabethtown
A. L. Herr & Bro.
Quarryvilie
David B. Hurst
Bowmansville
Martin's Feed Mill, Inc.
R. D. 3, Ephrata, Pa.
Mountville Feed Service
Mountville
Musser Farms, Inc.
Columbia
For top dressing. A complete summer or winter sdfrplD
ment.
Musser's Mill
The Buck
Chas. E. Sauder & Sons
Terre Hill
Ammon E. Shelly
Lititz '
L. M. Snavely
Lititz
E. P. Spotts, Inc.
Honey Brook
H. M. Stauffer & Sons,
Inc.
Witmer