—Lancaster Farming. Saturday. May 3.1969
10
NEPPCO
If the newly authorized truck
load trading progiam for eggs
is successful, it will take a lot
more than a 50-casc transaction
on the N.Y. Mercantile Ex
change to affect egg prices radi
cally in the future, says NEPP
CO executive director Richard
I Ammon.
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H. BRUBAKER
R. D. 3, Lititz, Pa.
330 Strasburg Pike, Lancaster
Phone Lane 397-5179
Strasburg 687-6002
Lititz 626-7766
Endorses Truckload Trading
NEPPCO and SEPEA man
agement, along with Frank
Urner of Urner-Barry Co , ham
mered out this plan several
years ago, Ammon notes It was
drafted into workable form by
the Exchange’s egg committee
and has been finally approved
by the Commodity Exchange
Authority.
Here’s how it will operate,
according to Ammon. Trailer
load quantities 700 cases
(with tolerance of 50 cases
either way) will be traded by
brokers on the Exchange. The
trading territory will include all
the states east of the Mississippi
River plus Aikansas and Louisi
ana.
‘•This will be a pretty fair
quality product,” Ammon speci
fies Eggs will be icquired to
meet 90 percent USD A consum
er Grade A standaids at the
point of ongin, and must be in
spected within 24 hours before
shipping When they get to their
destination, they’ll have to still
be at least 85 percent Grade A.
"Also, they’ll be packed in new
cases and filler flats,” Ammon
adds
Eggs will be offered by a pro
ducer priced FOB at his zone.
The buyer will pay that price
plus any tianspoitation costs in
to the destination zone Zoners
will be defined by the first two
digits of the U S Post Office’s
Zip Code number.
All tiading will be through
the exchange, and a biokeiage
fee of 15 cents per case each
will be exacted by buying and
selling brokers 10 cents per
case if they are exchange num
bers The exchange will charge
a flat service fee of $5 per
truckload which will be shared
equally by buyer and seller.
A somewhat longer than nor
mal trading period will be al
lowed on the floor of the ex
change for this purpose 9 30
a.m. to 11 a.m. every Tuesday
and Thursday. Should trading
day fall on a holiday, it will be
reopened on the first business
day following.
Both buying and selling brok
ers will post $1,500 deposits
with the exchange In case of
non-delivery, the seller’s de
posit will be forfeited.
Eggs will be listed in thicc
categories; 24 oz. minimum
large, average 47 lbs. per case;
21 oz minimum medium, aver
age 41 lbs. per case; and 18 oz.
minimum small, average 36 lbs.
per case. In each category a 3 3
percent size tolerance is allow
able.
Supposing a buyer is not fa
miliar with the reputation of a
proposed seller? He has the op
tion of requesting reinspection
of the load within 48 houis af
ter arrival, at his own expense
He is also responsible to see
that the eggs have not been held
at temperatures in excess of 60
degrees F since their arrival If
eggs do not gradeout satisfac
torily, there will be no substitu
tion, but certain penalty clauses
provide the buyer with some
protection For each percentage
point below 85% Grade A at
destination, the seller is pena
lized % c per dozen with a maxi
mum penalty of 2Vzc. Below
this, eggs may be rejected and
the seller penalized 3c per doz
en.
Payment for the eggs goes to
the exchange in escrow On
proof of satisfactory delivery,
payment is forwarded'to the
seller.
Won’t this be an encouiage
ment for more southern eggs
coming into the NY. market,
and might not the net effect be
a depressant on price 9
“No, I don’t think so That’s
the beauty of this plan these
eggs will not physically go
thiough the exchange They
will pass directly from seller to
DEKALB PROFIT
PULLET REPORT
* ,-K -K
AARON S. CLICK
Profit Pullets
•’ '•*
j y
* V
IT IS DASHING ENOUGH TO BE CALLED A DOUBLE
are dressing with moie diama and this pullover plays the ro
ture the sleeveless styling over a cavalier’s shiit. It is Knit ii
tern of cable and moss stitches. Fiee msti actions aie avaih
men’s sires 38-14. Just send a self-addiessed, stamped envi
the Needlework Editor of this newspaper along with your
for Leaflet PK 2799.
buyer. The price at which each
load is tiaded will be noted in
NY, and will help add stabiliz
ing volume to that market,”
NEPPCO duector Ammon
states.
“I think this will be far pre-
Quarryville, R. D. 2
FINAL FIGURES
Flock Size —12,000
Age of Birds 90 Weeks
323 Eggs Laid
3.86 Lb. Feed Per Dozen Eggs
Livability 87%
Grade A 91.9%
Feed Cost Per Dozen —14.28 c
For Your Quality DeKalb Pullets See
Sales
THOMAS MUMMA
MELHORN HATCHERY
40 Donegal Springs Road, Mount Joy, Pa.
ferable to the way siup
now physically find th
into N Y , depressing p
cause they must be i
whatevei they’ll bring
truckload tiading contr;
(Continued on Pagi
Representative
Ph. 367-2683
Phone 653-1102
» 7