Futures Trading In 1967*68 Drops From Previous Year Volume of futures trading in Agricultural commodities dropp ed substantially in 1907-08 from the record trading of the previous year. This was reported today by the U. S. Department of Agri culture in its release of fiscal year data from the Commodity Exchange Authority. Speculators and hedgers in 1007-08 had 14,703,000 futures transactions in wheat, corn, soy beans, pork bellies, potatoes, and 15 other agricultural com modities traded on commodity exchanges. In 1066-67, traders had 10,148,000 transactions in the same commodities. Value of all regulated futures trading in 1967-68, estimated at Grain markets accounted for $59.5 billion, dropped sharply the year’s greatest decline in from last year’s figure of $86.4 futures trading, attributed gen billion, reflecting both the de- erally to large supplies of ma dine in trading volume and jor grains and.a drop in prices, lower prices of major commo- Wheat trading of 9.3 billion dities. bushels declined from its pre- For the first time, CEA’s fis- vious-year record of 10.4 billion GET MORE MONEY FROM EVERY HOG! FEED THESE "LITTER-TO-MARKET" FEEDS! Red Rose SWINE FEEDS ll;; THESE DEALERS WILL SERVE ALL YOUR FEED NEEDS Walter Binkley & Son Brown & Reb, Inc. Elverson Supply Co. Henry E. Garber R. D. 1, Elizabethtown, Pa. L. T. Geib • Estate - I. 6. Graybtll & Son- Ref ton - Strasburg' E. Musser Helsey &S6n R. D. #2,Mfc Joy, Pa. cal-year report on future trad* Ing includes livestock and live* stock products live cattle, live hogs, frozen pork bellies, and hides. These commodities were brought under futures trading regulations by amend ment of the Commodity Ex change Act on June 18,1868. Frozen pork bellies, with a 1967-68 volume of 1,311,367 con tracts. was the most actively traded of the new commodities and was the fourth largest of all commodities regulated at the end of the year. Live cattle and live hogs also had increased volume during fiscal 1968. The hide market had reduced activi ty. V-' • Lititz Atglen Elverson Manheim buiheli. Corn with a volume of 7.6 billion bushels and soybeans with a volume of 4.8 billion buahela were nearly half the trading of the prevlour year. Trading in oats, rye, and grain aorghumi also dropped mark edly. While the potato market was the fifth largest in terms of transactions, trading volume of 412 thousand carlots was down 41 percent from the previous year. Soybean oil and soybean meal, large markets in fiscal 1967, had decreased volume in fiscal 1968. Wool, wool tops, eggs, butter, and cottonseed oil also had reduced trading activi ty. Cotton registered a strong comeback after a period of nominal trading, and in 1967-68 had a volume of 19,742,000 bales, compared with 85,700 bales traded a year earlier. For all commodities under CEA regulation prior to June 18, 1968, total trading declined substantially in 1967-68. For livestock and livestock pro- Heistond Bros. Elizabethtown A. L. Herr & Bro. Quarryville David B. Hurst Bowmansvllle Mortin's Feed Mill, Inc. R. D. 3, Ephrata, Pa. Mountville Feed Service Mountville Musser Forms, Inc. Columbia If you are looking for a way to get your hogs to market in less time . . . and earn extra money besides , . . here is the way you can do it. Use these feeds! RED ROSE FARROWING RATION Excellent for milk flow. Contains antibiotics to reduce scours. RED ROSE PIG PRE-STARTER PELLETS A complete feed contains high levels of sugar to encourage early feed, intake. RED ROSE PIG STARTER PELLETS Contain hygromix for control of parasites. These pellets are a high level of protein. RED ROSE PIG GROWER Vitamin and mineral fortified. For feeding pigs until they reach 100 pounds. RED ROSE PORKMAKER Packed with energy. For feeding pigs 100 pounds to market. RED ROSE PIG & SOW SUPPLEMENT For feeding during gestation and lactation. RED ROSE HOG SUPPLEMENT Fortified with vitamins, minerals and antibiotics for feeding with your grain. Chas. E. Souder & Sons Ammon E. Shelly E. P. Spofts, Inc. H. M. Stauffer & Sons, Atlantic To Hold Open House Aug. 7 The Atlantic Breeders Cooper ative will hold their open house and chicken barbeque on Wed nesday, August 7, at 10:30 a.m. according to Roger Gundlach. In the morning, there will be tours of the headquarters and a "Test Your Cow Knowledge Contest” with prizes of free Ist services or cash. The chicken barbeque will be at 11:30 and the afternoon program will fea ture Avery Stafford of Peru, New York, speaking on the subject, "Current Trends In Dairying". Barbeque tickets may be pur chased from any Atlantic Tech nician for the price of $l.OO, ducts, however, which were add ed to the Commodity Exchange Act in 1968, total trading in creased over the previous year. Musser's Mill The’Buck Terre Hill Lititz L M. Snavely Lititz Honey Brook Inc. Witmer Lancaster Farming, Saturday. July 27,1968 • Pa. Game (Continued from Page 1) bagged their turkeys during Pennsylvania's first spring gobbler season in May.” "If there had been no spring gobbler season, the number of winners both years would have been nearly the same,” Trexler pointed out. "The spring gobb ler season and the Triple Tro phy program certainly gave each other a big boost.” Fisher got his triple prizes in Potter County, shooting his bear tne last Friday of the season and staying over into deer season to get the second part of the award. Then, in the new spring gobbler season he captured his wild tur key. Waters got his three trophies fiom the same mountain in Cam eion County. The turkey was shot at 4:20 the last day of the fall season after tracking him all day. Then, having seen bear tracks, that day he stayed up over the weekend and shot his bear Mon day morning. The deer was got ten the next week on the second day of the season, A shoulder patch and a certi ficate signed by the Executive Director of the Pennsylvania Game Commission are presented to each Triple Trophy Award winner. • Rep. Hill (Continued from Page 1) said there were only two people who spoke of getting rid of the Milk Conti ol Commission at the 11 closed meetings held on the milk control bill “One was a large dairy, that does business outside of the state; and the oth er was the assistant city solicitor In Pittsburgh ” Persons interviewed included representatives of the trucking industry, dealers and housewives. On the mandatory meat inspec tion bill Hill said, “We’re not against inspection, but we’d hate to see anybody put out of busi ness. The mandatory meat in spection bill was of great con cern to many of us,” he said. The meeting included reports from Extension personnel direc tors and FFA and 4-H represen tatives. Parade" FIELD DAY and OPEN MOUSE Wed., Aug. 7 10:30 A.M. - 3 P.M. Bar-B-Q Chicken Dinner Discuss Breeding Programs Tickets Now Available from all Atlantic Technicians $l.OO per person "Atlantic on ATLANTIC HEADQUARTERS Rt. 230, NW of Lancaster Exhibits Tours Contest and Prizes rntic EEDERS OPERATIVE 7
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