Farming. Saturday, July 13. 1974
Paavo O. Airola, Ph.D., N.D. a world famous
Nutritionist will be speaking at the Pa. Natural Food
Convention to be held Saturday, July 20th beginning
at 8:00 a.m. at the Susquehanna University Campus
Center, Selinsgrovp, Pa.
Farm Values
IContinuid from Pagt 21)
had increased showed a sizable drop from 30 to 20
percent. Conversely. 25 percent this March thought
that the number of sales had decreased compared
with 15 percent in March 1973.
There is little doubt that U.S. farm real estate
values will continue to climb. The onlv question is
how much.
Considerable momentum appears to be behind the
latest rise in farmland prices. However, given several
factors on the horizon, a slowdown in the rate of
increase over the next year would appear to be in the
offing. These factors include;
—A projected decline in farm exports from $2l
billion in fiscal vear 1974 to $l7-19 billion next
fiscal year (Julv 1974-June 1975).
—At least a 5 percent increase in the index of
prices paid bv farmers as a result of the energv
crisis and generally tight production input
supplies
—Higher interest rates and interest pavrrients
due in large part to the Federal Reserve pohcv of
curtailing growth of the monev supply to restrain
inflation
—A drop in net farm income from $26.1 billion
last calendar year to $2l-23 billion this year.
To Teach
[Continued from Page 1]
resourse conservation and
biology.
While in college, she
participated in Tri-Delta, the
PanheUenic Association and
Mortar Board.
Along with her teaching
duties, Miss Rouseau will be
co-advising the En
vironmental Agriculture
FFA club.
When asked what her goal
is for her classes, which will
include 9th and 10th grade
students, Miss Rousseau
explained that she hopes to
convey a sense of oneness
with nature and the en
vironment.
“People cannot compete
with nature,” she explained
“instead they must leam to
cooperate with it.”
. “I hope to give the
students a sense of ap
preciation for the natural
resources which includes
agriculture.”
Miss Rousseau, although
new to the area commented
on how beautiful the area is
and how helpful the people
have been.
“It is amazing how well
Known this area is all over
the county,” she explained.
“As an agricultural area it
has a good reputation.”
PYFA
[Continued from Page 1J
Ephrata, Triple G Farms in
Denver, the Earl and Grace
Martin farm at Ephrata
RD2, and the Green Dragon
Farmers Market in Ephrata.
The tour will be followed by a
banquet in Lancaster.
Saturday’s tour in the
Manheim area will include
Penn’s Peaceful Meadow
Farm, owned by J. Harold
and Jean Musser, J. Harold
Esbenshade’s Shady Brae
Farms, Manheim RD2, Dale
and Sandra Nolt’s swine
operations in Manheim and
Clarence Keener Farm.
Following the tour, a pork
chop barbecue will be held at
Manheim’s Kauffman’s
Park, with the Penn Manor
Young Farmers serving as
hosts.
The hosts for the entire
convention are the Young
Farmer Chapters in Lan
caster County.
OUTLOOK
—And a reduced demand for rural residences and
rural properties in general as a result of tighter
personal budgets and uncertainty over the
availability of future gasoline supplies.
The average level of prices received by fanners for
calendar year 1974 is projected to at least match the
level for 1973. This, coupled with increased
production,' will cause cash receipts from farm
marketings in 1974 to exceed the 1973 total by about
$7 billion or 8 percent. However, the forecasted $,9
billion increase in farm production expenses and $2
billion decline in government payments will net
farmers around $3 to $5 billion less in all of 1974. This
anticipated second highest net farm income on record
could sustain the recent upswing in farmland values.
But. in light of steadily increasing production costs
on one hand and uncertainty over future export
demand and farmers’ prices on the other, the rate of
increase in farmland values will likelv moderate to
about 15 percent for the year begun March 1, 1974.
The basic data contained in this report were
obtained from two main sources. Index numbers of
average value per acre are based on estimates of farm
real estate values provided by USDA crop reporters
through the Statistical Reporting Service. USDA.
Semiannual surveys directed to farm real estate
brokers, local bankers, county officials, and others
provide information pertaining to general
indications of local market conditions. The
assistance of both groups is gratefully acknowledged.