— Lancaster Farming. Saturday. April 7, 1973
16
Statistical Barometer
Item 1970 1971 1972-l«t«>t
available data
Prices:
All prices received by farmers (1967=100) ,110 112 130 November
Crops (1967=100) 100 107 120 November
Livestock (1967=100) 118 116 138 November
All prices paid by farmers (1967=100) 114 120 130 November
Ratio' (1967=100) 96 94 100 November
Consumer price index, all items (1967=100) 116 121 127 October
Food (1967=100) 115 118 125 October
Farm Income:
Volume of farm marketings (1967=100) 108 111 98 Jan.-Sept.
Cash receipts from farm /narketings (Sbil.) 50 5 53.1 38.5 Jan.-Sept.
Crops (sbil.) 20.9 22.6 13.6 Jan.-Sept.
Livestock (Sbil) 29.6 30.5 24.9 Jan.-Sept.
Realized gross farm income (sbil) 57.9 60.1 66.1 ( 3 )
Production expenses (Sbil) 41.1 44.0 47.3 ( 3 )
Realized net farm income (Sbil) 16.8 16.1 18.8 ( 3 )
Income and Spending:
Disposable personal income, total (sbil) 689.5 744 4 798.7 ( 3 )
Expenditures for food (sbil) 114.2 117.3 125.2 ( 3 )
Share of income spent for food (percent) 16*6 15 8 15.7 ( 3 )
Farm Food Market Basket: 3
Retail cost ($) 1.223 1,244' 1,320 September
Farm value (S) 476 477 539 September
Farmers' share of retail cost (percent) 39 38 41 September
Farm Production and Efficiency:
Farm output, total (1967=100) • 102 111 113 November
Livestock (1967=100) , 105 108 109 November
Crops (1967=100) 100 112 114 November
Balance Sheet of the Farming Sector:
Assets, total (Sbil) 305.8 314.9 339.2 ( 4 )
Real estate (sbil) 207 1 213.0 228.6 (♦)
Non-real estate (Sbil I 75.9 78.3 85 8 ( 4 )
Livestock and poultry (Sbil) 23.5 23.7 27.3 ( 4 )
Machinery and motor vehicles (Sbil) 31 8 33.8 36.4 ( 4 )
Crop inventories 109 107 11.8 ( 4 )
Household equipment and furnishings
(Sbil) 9.7 10 1 10.3 ( 4 )
Financial assets (Sbil) 15 6 16 0 16.8 ( 4 )
Investments in cooperatives (Sbil) 7 2 7 6 8.0 ( 4 )
Debt, total (Sbil) 58 1 61.1 66.9 (*}
Real estate (Sbil) 28 4 29 5 31.3 ( 4 )
Non-real estate (Sbil) 29.7 31 6 35.6 ( 4 )
Proprietors' equities 247 7 253 8 272 3 ( 4 )
Debt to asset ratio (percent) 19 0 19 4 19.7 | 4 )
'Ratio ol index of prices received by farmers to index of prices paid, interest, taxes,
and farm wage rales
'Average quantities per family and single person households bought by wage and clerical
workers 1960 61, based on Bureau of Labor Statistics figures
‘Annual rate, seasonally adjusted third quarter
"As of January 1 1972-
Can’t be equaled in heavy, down,
tangled hay! Cuts, conditions,
windrows, or swaths in one
pass through the field...
Make one pass around the Held and leave a
fluffy swath or windrow of cut and con
ditioned hay. The Cut/ditioner excels in
heavy down and tangled hay; unsurpassed for
making wilted grass silage. Travels in any
direction, handles back swaths without
trouble. Use it for corn stalk shredding, weed
cutting, pasture clipping, cutting straw stub
ble and conditioning straw for easier baling.
or irav(i
sK
&
m
Interested in trying a Cut/ditioner on your
farm? Ask us for details.
A.L. HERR&BRO.
QuarryviUe
KINZER EQUIP, CO.
Kinzer
LANDIS BROS., INC.
Lancaster
N. G. HERSHEY & SON
Manheim
ROY H. BUCK, INC.
Ephrata, R.D. 2
Selective conditioning.
Knives hit only the
stems of plants. This
conditions the stems
without damaging the
~‘ J leaves.
LONGENECKER
FARM SUPPLY
Rheems
CHAS. J. McCOMSEY
&SONS
Hickory Hill, Pa.
STOLTZFUS
FARM SERVICE
Cochranville, Pa.
A. B. C. GROFF, INC.
New Holland
High Producer
A senior two-year-old
Registered Guernsey cow owned
by Church Farm School, Paoli,
has completed an official
DHIR actual production record
according to The American
Guernsey Cattle Club. Andrews
Millie of C F S produced 10,600
pounds of milk and 503 pounds of
butterfat in 305 days, two times a
day milking. The testing was
supervised by Penn State
University.
Shropshire Breeders Meet 1
Ivan L. Lindahgl from tne
Ruminant Nutrition Laboratory
of the U.S. Department of
Agriculture’s Research Center at
Beltsville, Maryland will
demonstrate a new method for
determining prenancy in ewes to
the Penn-Mar Shropshire
Breeders’ Club on April 14th.
Prior to this recent development
which Dr. Lindahl will demon
strate, no reliable method has
been found to diagnose ovine
pregnancy.
Lindahl will show the
Shropshire breeders the rectal
palpatation method. To make the
diagnosis, ewes are restrained
in a dorsal position and a probe
stick is used. Lindahl will bring
ewes from the Agricultural
Center at Beltsville for the
WEABUV THE TAG
... when you come into
Fulton Bank to finance
your car!
Fulton Bank is continuing its exciting free license tag program! Here's
how it works: When you come into any Fulton Bank office and finance a
new or 1973, 72 or 71 used car, we will buy the license tags for your car
for the length of the loan*
This offer good on any 1973, 72 or 71 model car or station wagon—any
make, any size, any price. To become eligible, just finance your car by coming
into any Fulton Bank office for a low-cost auto loan.. You'll receive free license
plates every year for the length of the loan if all monthly payments are paid wh(
they are due. It’s too good a deal to pass up.
* Not to exceed $l4 per year for passenger cars or $l6 per year for sb
wagons. Maximum three years. >
'A EDIT
SERVICE
V BANK/
_ FULTON
BANK
SERVING LANCASTER AND DAUPHIN COUNTIE:
Member Federal Reserve / F, D. I. C.
Will Feature New Test
demonstration and also will use
colored slid®.
Knowledge of whether a ewe is
pregnant or not is of great
economic importance to the
sheepman. In every flock.there
are animals which are carried for
months on heavy feed because it
was erroneously thought they
were pregnant. The extra feed
not only costs the shepherd an
unnecessary amount of feed, but
impairs the ewes future ability to
breed
The Shropshire dub meeting
will be held at Micar Farm, the
home of Mr. and Mrs. Leon
Johnston, on Route 851 about a
half mile east of Stewarts town in
York County. The meeting will
begin at. 10:30. A covered dish
lunch will be served.
con
one
r
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