—when you have
trouble with your
flock?
—when disease strikes
unexpectedly?
WE CARE
And Well Go Out Of Our Wuy To Prove It!
Our Service Men are well
trained. They keep up to
date with business trends,
new developments, new
ideas. Their advice and
counsel ore yours for the
asking. Without obligation,
of course.
CONTACT
h, % MILLER &
V BUSHONG, Inc.
POULTRY FEEDS « FJNEST SERVICE ANYWHERE”
your Miller & Bushong
Representative
or call us direct at
Lancaster 392-2145 (Area Code 717)
—when feed efficiency
drops, or egg quality
tumbles?
—when you can’t make
the profit to which
you are entitled as
an agribusinessman?
If You'll Tell Us about your
situation, and what you
hope to achieve, we'll show
you just how much Miller &
Bushong cares!
Rohrerstown, Pa,
717-392-2145
USD A Fixes
1970 Program
For Soybeans
Tin* I S frt merit of A”'
i trull me toil.in announced it
price suppoil lo.m levels fc
non beans a icmm! lo.m prograi
foi sovbeans ami sales poltcu
for CCC owned stocks of so;
beans
Soy beans fioni the 1970 cro
will receive pi ice support at :
national avciagc of $2 25 pe
bushel, No 1 giade. 12 813 r
pci cent moisten e A level un
changed fiom that in effect fo
the 1969 crop
By law, soybeans must be
supported at levels that will en
able them to compete on equal
terms in the maiket
Produceis can receive price
support on then 1970 uop soy
beans thiough faimand ware
house-stoi age loans and pui
chases eithei as individuals oi
through CCC approved coopera
live marketing associations
Puce suppoit will be available
through county Agncultura'
Stabilization and Conservator
Seivice offices Loans will b
available thiough May 31, 1971
Matuuty date will be June 30
1971
At the same time, the De
partment announced that resea
of the 1966 fai m stored soybean
loans and of the 1967 and 1968
loans on soybeans stored in
commercial warehouses will not
be extended The 1970 maturity
date for 1966 67 68 crops under
loan is July 31 The current
outlook on market prices is
such that producers are unlikely
,to be able to redeem these ex
tended loans A continuation
would cause some administra
tive difficulty without “benefit
to producers However, loans on
farm-stored soybeans for the
1967, 1968 and 1969 crops can be
extended for another year.
The policy of dropping olde,
crops fiom annual loan exten
sion programs has long beer
followed by Commodity Credit
Corporation as a matter of gooo
management practice. As newei
crops become eligible for re
seal loans, the older stocks are
moved to make room to rotate
supplies cntinued in storage.
Commodity Credit Corpora
tion’s minimum sales price for
CCC soybeans for the marketing
year beginning Sept, 1, 1970,
will be the same as that for the
preceding year. It will be a flat
27% cents per bushel above the
1970 support rate at the point of
storage or at the market place
whichever is higher. This repre
sents a 10 percent markup or
the national average loan ratr
of $2 25 per bushel plus a 5-cen f
charge.
The national average CCC
minimum sales price will in
crease at the rate of IV2 cent
per month for nine months a
shown in the following table fo>
No 1 giade soybeans
September
October
November
Decembei
January (1971)
Februaiy
Maich
April
May
June
July
August
For soybeans in store at po l
positions, the minimum pnc
will be as follows Great Lake
S 2 58% Gulf, $2 64%, Ea>=
Coast, $2 65% These prices wi
be increased by 1% cents pe
month beginning in Octobc
and continuing through Jun
Prices on stocks in intenr
terminals can be obtained fio
the Kansas City Commodity 0,
$2 52%
254
2 55%
2 57
2 58%
260
261%
263
2 64%
2 66
2 66
266