Beautiful
(Continued From Page 1)
because of ‘'unbelievable”
consumer demand, and partly
because of only a modest rise in
the number of pigs on feed.
Very strong consumer demand
should put a solid floor under beef
prices, also Moore feels. He said
feeder intentions for January
through March indicate a 7
percent rise in cattle on feed
throughout the U.S. He expects
placements to be high at least
through the first half of this year.
Feeders available this spring
FARM a
could outnumber those available
last spring. Moore doesn’t expect
fall cattle feeder prices to come
down.
“There have been some death
losses in the Great Plains
states,” Moore said, “but they
won’t have much immediate
effect on the market. The
animals that have been dying are
mostly brood cows. Eventually,
these death losses will be felt in a
tightened supply of feeders.
“Imports will be up another 10
percent for this year, but this
won’t affect our prices at all.
That 10 percent isn’t even
keeping up with our cuts in'
411 W. ROSEVILLE RD.,
LANCASTER
PH. 393-3921
domestic production of the kind
of meat that’s being imported.
Our calves aren’t going into veal,
they’re going into feedlots. Our
cows aren’t being slaughtered by
canners, they’re being kept for
for their value as calf
producers.”
In spite of some rumors to the
contrary, Moore said, there was
no “phantom herd” last year.
The cattle numbers reported by
the USDA were accurate, * and
they did reflect a big build-up
over a short span of time. In 1970,
there were 2 million cattle in the
country. In 1971 there were 3.5
million, and in 1972 there were 4
million.
Looking forward to 1980, Moore
predicted that one-third more
beef will be available on the
market by then. He doesn’t ex
pect prices to be hurt by the in
crease, though, again because of
strong consumer demand.
Feed prices should come down
somewhat, Moore said. They are
artificially high now partly
because of speculation on the
futures market. He said non
farmers have a tremendous
impact on the futures market
Not having an understanding of
farm realities, he said, they tend
to act, or react, emotionally to
rumors, weather conditions, and
other factors.
Moore placed the bulk of the
blame for the current feed price
situation squarely on the
shoulders of the speculators.
“Futures prices are made not
only by what actually happens in
the marketplace, but by what the
Letters to
the Editor
Editor
We wish to thank all our
friends, neighbors and relatives
for the help given due to our
recent bam fire Special thanks
to the Brunnerville, Brickerville
and Lititz Fire Companies and
the Brunnerville Ladies’
Auxiliary for the outstanding job
they did also. Thanks again.
Mr. &Mrs. Jay Foreman
Route 1, Lititz
re
Means
It
The man across the desk isn't just interested in lending money.
He's interested in your goals, you plans, and your chances of
developing the income you'll need to repay the borrowed
capital. There's years of farm lending experience that is put to
work for you.
Not everyone who comes into a Farm Credit office walks out
with a loan. You've got to have a plan that fits your type of
operation and the management ability to make it work. Your
Farm Credit man is concerned about both.
That's what constructive farm credit is all about. It's your best
reason for going first to Farm Credit when you decide to borrow
money
As a consequence, Moore
forsees a possible soybean
shortage this year.
Bright spots on the current
farm scene outnumber the
clouds, according to Moore.
Farmer income is up, equipment
sales are booming and consumer
income is up a whopping 8 per
cent. There was a big corn crop
last year and a big carryover.
The Russian grail deal gave a
tremendous boost to this coun
try’s export program. The war is
over. And a very strong general
economy means a continuing
good demand for meat.
On the other side of the coin,
Moore feels there’s a danger the
economy may boom too much,
with resultant run-away in
flation. Washington’s farm
program for this year looks
weaker and weaker. Phases 1 and
2 of the Administration’s
economic control program were
successful in every area but food
and health care. Phase 3 may too
vigorously attack prices, Moore
feels.
More When Your
FARM CREDIT Man Says It.
AGWAY BUILDING,
LEBANON
PH. 273-4506
Lancaster Farming, Saturday, February 3,1973
Winners
(Continued from Page 1)
Cocalico student, also received a
bread tray. She is the daughter of
Mr. and Mrs. Noah W. Wenger.
Other winners in the beef
division included Judy Zim
merman, 11, who had the reserve
champion hereford, and Lucy
Brubaker, 14. who had the
speculators think will happen,”
he said.
Feed prices should go down
somewhat this year, according to
Moore. “Farmers will be free for
the first time in 40 years to plant
just about what they want to
plant And I think they’ll plant
more corn.”
“The USDA is loosening up the
farm programs to encourage
farmers to plant more beans. But
even if beans were to go to $5 a
bushel, a lot of farmers would
plant corn because they have a
more certain profit with corn.
The figures just show that you’re
going to make more money with
corn.”
“Go Ahead!”
reserve champion Hereford in
the Southeast District Show held
last December.
6TH GRADER
Miss Zimmerman is the
daughter of Mr. and Mrs. John R.
Zimmerman, Ephrata Rl, and is
a sixth grade student at Lincoln
Elementary School. She received
a silver revere bowl.
A resident of 206 Rohrerstown
Road, Miss Brubaker is a
daughter of Mr. and Mrs.
Raymond S Brubaker. She is a
ninth grade student at Hemp
field.
The only male winner in the
beef division was Ed Hess, 18, a
Lampeter-Strasburg graduate.
He was judged the champion beef
showman for the Lancaster Show
and received a trophy. He is a son
of Mr and Mrs. Elvin Hess, Jr.,
Strasburg Rl.
Kenneth Brubaker, 13, of 2418
Harrisburg Pike, was honored for
his Reserve Champion Single
Lamb and received a trophy. He
is the son of Mr. and Mrs. Clyde
Brubaker and is a student at
Centerville Junior High School
Honored for having the
Champion Pen Cheviots at the
Farm Show was Barbara Herr, 9,
of Narvon R 2 A fourth grade
student at Blue Ball Elementary,
Barbara received a silver bowl.
Farm Calendar
(Continued from Page 1)
Center.
7 30 pm. - Farm Management
meeting, “Estate Planning”,
Farm and Home Center.
Thursday, February 8
7-30 pm - Lancaster County
Holstein Association barn
meeting, farm of Nathan
Stoltzfus, Hoffmier Rd., Gap.
7-30 p.m - Manheim Young
Farmers Corn Production
Seminar
Friday, February 9
7:00 p.m. - Pa. Egg Marketing
Association meeting, Holiday
Inn, Ephrata, Pa.
Saturday, February 10
10 a m - Pa Yorkshire Club
Show, Farm Show building
1:00 p.m. - Pa. Yorkshire Club
Sale, Farm Show Building.
11