Periodicals Division ~ ’ v,v ’>-v-VAV//,v. ////>'//. Uf'j
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Vol. 18 No. 43
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I FARM TRENDS I
A summary of market
and commodity news
for the past week
Feed-Prices Moving Down - Maybe
Carroll G. Brunthaver told PennAg conventioneers
Thursday that the administration plans to sell some $2O
billion in feed grains overseas this year including a billion
bushels of wheat at $4 a bushel, a billion bushels of corn at
$3, and 500 million bushels of soybeans at "somewhere
between $3 and $l2". Brunthaver said the exports wouldn’t
drive domestic prices up because record crops are expected.
The assistant U.S. Secretary of Agriculture noted that
soybean futures had already dropped substantially from
historic highs On Thursday, September 13, soybean meal
futures closed at $175.50 per ton, down from the season’s
high of $365 Beans were at $6.30, down from $lOlO
Thursday’s cash price for Decatur meal was $l7B, and for
Chicago beans $6 a bushel.
Brunthaver said the administration has made a policy
decision that farmers will be first in line for fuel if supplies
start drying up He said there will be enough fuel for planting
and harvesting crops, and for drying this year’s crop.
The 1973 farm bill calls for reinstatement of the Rural
Environmental Assistance Program. Nothing definite yet on
specifics, but Brunthaver said the new REAP would cover
both short and long term conservation projects of the
nation’s farms. The old program had paid for up to 80 per
cent of the cost of installing a conservation practice.
Brunthaver said the new REAP would probably be limited
strictly to paying for legitimate conservation measures.
Under the old bill, some practices aimed solely at production
increases - tiling, liming, etc. - qualified for REAP payments.
Lancaster Co. Farm Fairs
Quarryville Fair September 19-21
Ephrata Fair September 25-29
West Lampeter Fair September 26-28
New Holland Fair October 3-6
Manheim Fair October 3-5
Tillie Gibson, right, was recognized
Tuesday night for her tireless efforts on
behalf of an inner-city 4-H project begun in
Lancaster three years ago. Presenting the
award is Mervin Lantz, a Good Use 4-H
by Dick Wanner
No Fuel Crisis for Farmers
REAP is back
Continued on Page 44)
Lancaster Farming, Saturday, September 15, 1973
Speaks at PennAg Convention . . .
“Farmers who want to work
and who are willing to make the
investment have a good future in
agriculture,” assistant U. S.
Secretary of Agriculture Carroll
Brunthaver told a PennAg In
dustries Association convention
Thursday at Lancaster’s Host
Corral Motel. Brunthaver
painted a generally glowing
picture of agriculture, saying
that world-wide demand for
American farm products could
only go up.
The near-term outlook for
poultry, livestock and dairy
farmers is looking up, according
to Brunthaver, who expects
animal feed costs for the coming
year to be well under the historic
highs reached this past season.
He cited higher production as the
main factor in lower prices.
Brunthaver praised the Nixon
administration farm policy, and
at one point defended it
virorously in response to a
question fr r >m the audience.
The questioner asked Brun
thaver if there were any truth to
the rumors that the Russians
were selling American wheat,
bought at low subsidized prices,
to Italy on the open market at
high prices. He also wanted to
know if the Chinese were simply
stockpiling American wheat
rather than feeding it to the
populace. ’“ls the American
farmer paying for international
speculation by world traders?”
the questioner ended.
“I checked into these reports
myself over the past few days,”
Brunthaver replied. “Our in
telligence people tell me that the
(Continued On Page 35)
Club leader, at the club's annual picnic
held Tuesday night on the farm of Mr. and
Mrs. David Weaver, 501 Strasburg Pike,
Lancaster.
Brunthaver Sees
Lower Feed Costs
Dr. Carroll G. Brunthaver, assistant U.S. secretary of
Agriculture, spoke at a news conference Thursday during the
annual meeting of PennAg Industries Association. The
meeting was held in Lancaster.
PennAg Elects
Clark President
Ned L. Clark, Clark’s Feed
Mills, Inc., Shamokin, Penn, was
elected President of PennAg
Industries Association at the
organizations 95th Annual
Convention held September 12-14,
1973 at the Host Corral, Lan
caster. Clark will begin his term
as President of the state-wide
agribusiness association January
Farm Calendar
Monday, September 17
Gratz Fair, September 16-22.
Tuesday, September 18
7:45 p.m. Garden Spot Young
Farmer meeting, vocational
agriculture department,
Garden Spot High School;
Richard Adams, speaker.
8 p.m. - Ephrata Area Young
Farmer Officers and Fair
Committee meeting, Young
Farmer Office, Ephrata
Junior High School
Wednesday, September 19
Southern Lancaster County
(Solanco) Community Fair,
(Continued On Page :!5)
,$2.00 Per Year
1, 1974 and at that time will
replace the current President,
Eugene E. Eby of Newport,
Penn.
Other officers elected during
the Association’s business
meeting September 13 were,
Phillip M. Spalding, York Flour
Mills, Inc., York - First Vice
President; Melvin M. Wenger,
Wenger’s Feed Mill, Inc.,
Rheems - Second Vice President;
W. H. Andrews, Jr., H. 0. An
drews & Sons, Inc., Mapleton
Depot - Third Vice President;
(Continued On Page 35)
Iff This Issue . . .
Markets 2-4
Sale Register 39
Farmers Almanac 6
Classified Ads 36
Editorials 10
Homestead Notes 26
Record Corn Crop 12
Broiler-Breeder Workshop 21
Lebanon County
No-till Corn Tour 37
Lebanon County
4-H horse Show 20