—Lancaster Farming, Saturday, March 3, 1973 50 Frick Qtes Soybean Marketing Feed grain producers whose land is als* suitable for growing soybeans should find this year’s feed grain program especially attractive, an official of the U.S. Department of Agriculture (USDA) said recently. “Farmers now studying planting options should take a serious look at soybeans,” said Kenneth E Frick, Administrator of USDA’s Agricultural Stabilization and Conservation Service “An unfilled demand exists for soybeans as the utilization of high quality proteins continues to expand in the United States and abroad.” Frick cited an example of how a farmer participating in the 1973 feed gram program could use his acreage more profitably if he chose to grow soybeans rather than set-aside the land as was necessary in the 1972 program Frick said the farmer with a 100-acre corn base who par ticipated in the 1972 feed gram program at the minimum 25 percent required set-aside level could use this 25 acres under the 0 percent set-aside provisions of the 1973 program to grow soybeans and still get $653 in direct payments He need only sign up to participate and keep his feed grain acreage at or below last year’s level In effect, this larmer who can sell soybeans for January 1974 delivery by forward contracting at $3 75 per bushel, is assured $4 72 per bushel for the additional 1973 soybeans production ($3 75 from the market and $0 97 m direct payments) Computing the above farmer’s return with an 87 bushel feed gram payment yield and a 27 bushel per acre estimated soybean yield, the farmer signing up for this year’s program under (he 0 percent set-aside provision would have $3,184 gross income from the additional 25 acres planted to soybeans including direct payment This compares with $1,392 gross income—all m direct government payments— under the 25 percent set-aside Farmers who participated m the voluntary options of the 1972 feed grain program have similar Equipment Dealers Will Hear Badger Robert L Badger, vice president. Installment Loan Department, The First National Bank of Strasburg, will speak at the Lancaster County Farm Equipment Dealers Association luncheon, March 1 at 12-15 p m The luncheon to be held at the Bird-In-Hand Motor Inn, will be attended by farm equipment dealers from the entire county The topic of Mr. Badger’s speech will be bank financing procedures as they relate to the purchase of farm equipment He will explain the methods used to finance such equipment through The First National Bank of Strasburg Credit Cards Catherine B Love, Extension consumer education specialist at The Pennsylvania State University, points out that credit cards require as much safeguarding as money perhaps more If you lose your wallet, jt is essential that you know what’s in it If your wallet is lost or stolen make sure you notify each credit card company by wire and also in writing Someone could do a lot of shop ping and traveling at your ex pense It is a good idea to make a list of your credit cards and the addresses of companies issuing them incentives and advantages in growing soybeans under the 1973 program Land designated as set-aside acreage for 1973 must be land which, under normal conditions, would have been suitable for crop production in the current year; and it must have a production potential equal to the average productivity of the farm. Agricultural Stabilization Con servation county committees will visit participating farms setting aside land, Mr. Frick said. In order to be certain of compliance, the participant may obtain measurement and set-aside in spection service, at cost, by requesting the service from his ASCS county office, Frick said. The earlier such requests are made, the earlier the service is provided, he pointed out. Some farmers may wish to remain outside the 1973 feed grain program in order to take advantage of special local in come opportunities by increasing feed gram as well as soybean production U S soybean planted acreage has increased from 43.5 million acres in 1971 to 47 million acres in 1972 and USDA officials have indicated there is a need for a PUBLIC SALE DAIRY CATTLE FARM EQUIPMENT THURSDAY, MARCH 22,1973 at 10 o’clock a.m.; located in Northern Dauphin County, Pa.; Elizabethville take -225 north to Berrysburg; take Rt. 25 east to first crossroads; turn left, first road right; watch for signs. COMPLETE HERD DISPERSAL of 30 Head of Atlantic Bred COWS and HEIFERS 21 Registered; 9 Grades All Stages of Lactation Daughters of these Popular Sires sell: Bonus, Jack, Sensation, Hector, Samson and Ivanhoe Star. Average for the Herd Last Year: 14987-36-533 These sell: Orchid 4-Yr. Tidy Burk 49'er Pred 15342-630 Crystal Gr. Ivanhoe 18,143-566 Due 5-4 Flo-Reg. Royal Hamilton 16888-533 Fresh 10-1 Linda Gr. Sensstion 5-Yr. 16479-533 Due 4-St Beryl Gr. Hector 4-Yr. 16066-539 Due 6-27 Melba Gr. Jack 2-Yr. 14141-478 Due 3-23 Wanda Reg Paramount Fll-10 milking 80 lbs. 4.4 milk as a 4- vr-old Her 3-yr record 322-15051 4,4 654 Two Registered Samson Daughters milking as 2-yr.-olds. Four Reg. Bred Heifers One Bonns, three Samson daughters All records are owner Sampler The reason for selling the herd the farm has been sold. Plan now to attend and buy these W'ell-bred Cows DAIRY EQUIPMENT Girton 500-gal. Bulk Tank with 4 h.p Compressor with In spection Stamp, 2 Surge Units, 50-lb. Pails; Stainless Steel Twin Tubs; Strainers; Pails. OLIVER 1550 2600 hrs. 3-pt. Hook-up Fully Equipped OLIVER 66 ROW' CROP with Hydraulic, Mounted Cultivator. 2 FARMALL M Good Condition Oliver No 3242 14” 3 Trip-bottom Plow, N.H. No 275 Baler with Thrower, I.H No 1P R. Corn Picker, Farm Hand Grain or Silage Wagon with Oliver 5T Running Gears, N.H. 145-bu. Tank Spreader, N H No. 451 Mower, 3-pt. with Crimer Attachment; N H Rake, Oliver 10-hoe Superior Drill, Oliver 7’ Disc. Oliver Corn Planter, Oliver Silo Blower, 30’ Pipe, J.D. Harrow, Mounted Sprayer, N H Crop Chopper, 5’ No. 33, Grove Wagon with High Sides, Flat-bed Wagon, 34’ Mulkey Elevator, I.H. Corn Drag, 3-pt. Hookup 8’ Scraper, 15,000-watt Babson Bros. Alternator on Trailer, Homko 5 h.p. 26” Riding Mower, Feed Cart, Wheelbarrow, Snow Fence, Steel Posts, Electric Fence Wires, Forks, Tools, and many more articles. PONY SADDLE & BRIDLE 50 TONS EAR CORN Sale by LESTER E. HOFFMAN Aucts.; RAYMOND MILLER 665-4188 RUFUS GEIB Pedigrees: HENRY KETTERING Lunch Available Not__R«sponsible for Accidents. Opportunities soybean crop in 1973 of 54 million acres, which would be expected to oroduce 1.5 billion bushels. “The farmer, the processor and the exporter have a com bined responsibility to take note of the strong demand for soybeans and soybean products and work together to furnish customers a continuous supply,” Frick said. “Growers have the opportunity to fill this demand under the revised provisions of the 1973 feed grain program,” he said, “Feed manufacturers and livestock and poultry feeders, as part of the marketing chain, can also play an important role in a coor dinated production and marketing effort that will help strengthen the nation’s economy, help keep net farm income on the increase, and enable the United States to compete more ef fectively for overseas markets.” What is needed, he said, is a fresh determination among all elements of the industry—from producers to consumers—to fully utilize the various marketing techniques that exist, including cash markets and forward contracting, and to take ad vantage of the method that best fits individual circumstances. This includes, he added, a willingness on the part of ex porters, processors and ultimate users whose demands are in creasing, to make firm com mitments to assure themselves of adequate supplies for the 1973 marketing year. “Devaluation of the dollar, announced recently by Secretary of the Treasury Shultz, will make U.S. agricultural exports, including soybeans, more competitive in world markets,” Frick said. The growing overseas demand for protein meal is particularly evident in the Soviet Union, Asia and Europe. Particularly significant demand increases have been noted in Japan and Taiwan. The Soviet Union is now tc 1 g delivery of their first r-* We Specialize in Liquidation Sales of All Kinds Farm Machinery, Construction Equipment and Land FARM MACHINERY AUCTION SALE Tractors and Farm Machinery Exit 10 or II off Interstate 83 Emigsviile, Pa MARCH 12, 1973 York Co. Farm & Ind. Equip. Co. Inc. 4 Miles North of York, Pa. on Route 181 Box 222 Emigsviile, Pa. 17318 Phone: 717-764-6412 51st ANNUAL SPRING SALE OF RUSSELL F. HEILMAN & SON SATURDAY, MARCH 17,1973 Location: Lebanon County, 1 mile north of Cleona and Route 422.10 miles south of Interstate 81, Interchange 30. 75 PUREBRED HOLSTEIN COWS & CALVES Canadian and American Sires Health Charts and D.H.I.A. Records Sale Day 25 FRESH AND CLOSE SPRINGERS 20 COWS AND HEIFERS Bred for Fall Freshening to a Son of Cornerset Centurion Medalist Dams Record: 5 Lacts - 87194 Milk - 3852 Fat - 4.42 percent Test Daughters of Artificial Sires: 7 Forrest Lees 5 Holstein Grades 5 Curtiss 2 Bonus 2 Whirlhill Kingpins 1 Lassie Leader 2 Performers 1 Ivanhoe Star 2 Red Holstein Heifers, Purebred and Grade 30 PUREBRED HEIFER CALVES 1-8 Months in Age Please Note: This is a nice lot of young cattle with good type, udders and milk 75 HOGS 20 Bred Yorkshire Gilts, due March & April 2 Serviceable Yorkshire Boars Balance: Feeder Shoats, 30-90 lbs. SALE TIME: HOG SALE - 11:30 A.M. CATTLE SALE - 12:30 P.M. REFRESHMENTS HILL LUTHERAN SUNDAY SCHOOL Auctioneers: DUPES & EBERSOLE Pedigrees; CARL DILLER 2112 S. View Road Lancaster, Pa. 17604 WRITE FOR CATALOG: Telephone- RUSSELL F. HEILMAN & SON 717-867 1625 ROUTE No. 4, LEBANON, PA. 17042 717-867-2781 major purchase of U.S. soybeans, one million metric tons. In Europe, crushing capacity is continuing to expand dramatically, and purchases of increasing quantities of soybeans from the United States and Brazil are anticipated. Frick pointed out that in the United States, increased livestock and hog feeding is expected to require increasing amounts of soybean meal. Pointing out that revised provisions of the 1973 feed grain program will permit fuller utilization of U.S. cropland, the ASCS administrator emphasizes the significant incentives available to the producer who wants to plant a higher per centage of his cropland to non feed grain crops, chiefly soybeans. Ot 10 o'clock A.M. SALE RAIN OR SHINE
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